YLG English Institute Employment Contract

The following contract is an employment agreement between the Employer,_____________ English Institute and the teacher.

Employee name:                                        passport #:

Employer name:                                      Title:  Director

The contract is made and duly signed by both of the parties, intending to be legally bound, under the following terms and conditions as set forth below:

1.	Validity of Contract

The employee agrees to hire the employee to fulfill the position of English Language Instructor and all duties thereof for the duration of the time from the day the employee starts his/her duties included in the contract or by agreement between the two parties.

2.	Period of Employment

The employer will employ the employee during the period;

Employment Term:  From:                 to:

3.	Salary and severance pay

A month salary of 2.2million won is paid for basic 30 teaching hours (Each lesson lasts for 50 minutes) a week. The teacher is paid monthly on the 15th of the month. 3.3% of Korean income taxes from the employee’s gross pay will be withheld. One month’s salary will be given as a severance upon the completion of the contract.

There are twice of intensive course at Reading Town. One is in summer and the other in winter. If a teacher wishes to do lessons for the courses, 20,000won is paid hourly.

4.	Medical Insurance and Pension

4-1. Medical Insurance

The employee has a right to apply for National Medical Insurance. When the teacher applies for the insurance, the school supports 50% of it. Another 50 % of insurance charge will be withheld from the employee’s salary, and it is about 50.000~55,000won for each part to cover per month.

4-2. Pension Plan (Self-managed Superannuation)

There are two kinds of pension in Korea. One is superannuation, which is 50% supported by one’s company. The other is self-managed superannuation. For the latter, it is the employee’s full responsibility to pay for the pension. Approximately9% from the salary will be deducted as a pension charge if one applies for self-managed superannuation.

At Reading Town Bucheon Campus, the latter choice, self-managed superannuationpension is possible only if the teacher wishes, and it is full refunded by the National Pension Service when the employee goes back to his/her home country.

5.	Transportation

The employer agrees to provide the employee with a free ticket from his/her country to Korea, and for the flight back to his or her mother country on the basis that the employee completes contract.

6.	Class time and days

The employee shall be required to work teaching hours Monday through Friday with one hour of preparation in advance.  While the employer will

endeavor to set a regular schedule for the employee, the employer reserves the

right to change this schedule at any time without notice so as to fulfill students’ needs and staffing requirements.

7.	Paid Annual Leave and Holidays

The employee will receive paid vacation of twelve days including weekends during the contractual period.  The vacation will be in the summer and in the winter. During the aforementioned holidays, the employee’s salary is still paid without any deductions.

Furthermore, all teachers at Reading Townare guaranteed with national holidays such as Thanksgiving, New Year’s Day, and other public holidays.

8.	Housing

a.	Rent-free Accommodations: the employer will provide the employee with a rent-free studio/or apartment (or a two-room apartment for a couple).

b.  Items included with the studio (or apartment): All the following items are rented free of               charge to the employee by the employer during the contract period: necessary items for the              studio.

The studio should have a double bed, microwave, a toaster, a washing machine, a gas stove, dishes and pans, fridge, TV set, etc.

c.	Utility costs: Utility costs (water, gas, electricity, cable TV monthly service charges, and maintenance fees cost approximately 80,000~120,000 won per month per person on average) of the rent-free accommodations, and it is the employee’s responsibility to pay for the maintenance.

Internet service and cable TV with English channels are optional, and installation must be discussed between the employee(s) and the employer. Internet charge and Cable TV of English channels each costs between 35,000 ~ 50,000 won. It is also the employee’s responsibility to     pay for the costs.

9.	Duties of the employee

The employee shall cooperate, comply with the instruction, training and cooperation of the director and shall carry out such assignments as directed by the director.

a. EFL (English as a foreign language) instruction in any and all phases of the institutes program to classes that range from primary to middle school students.

b. Development of educational program and materials if necessary.

c. Out-of-classroom activities for/with students.

d. Monthly Evaluation for students

e. Attendance at teacher’s meetings and workshops.

10. Dress code

At all times during the term of this contract, the employee will dress accordingly in attire conducive to teaching. Fridays are a casual dress day. Jeans may be worn on Fridays. However, ripped jeans and high-cut skirts are not allowed in school.

11. Resignation

The employee agrees to inform the employer at least two months in advance of any significant changes in plans which might have some bearing on the employee’s period of employment and his/her ability to complete the term of employment.

The employee has the right to terminate the contract with a written statement to the employer under the following condition. The Employer has not paid the employee as scheduled.

12. Reimbursement

When the employee needs to resign before his/her 7th month, he/she agrees to reimburse the ticket price and visa processing fee that the employer paid for him/her.

13. Dismissal

The employer and employee agree that this agreement is fully legal and binding under the law of the Republic of Korea and may be terminated by the employer at any time should one of the conditions arise:

a.	The employee or any his/her dependents act in violation of Korea law.

b.  The employer discovers that any documents or information provided by the employee regarding           his/her credentials or qualifications for employment have been falsified or deliberately                    fabricated.

c.  The employee conducts seriously jeopardizing any student or staff person or has drug, alcoholic           problem.

d.  The employee’s class enrollment drops below institute’s average enrollment for the three

consecutive months as a direct result of the employee's performance.

e.   The employee has private lessons even in free time either before or after work.

Teacher                              Director

________________________              ________________________

2009.    /                                 2009.   /