How is Current Job defined in a legal contract?
- Current Job means full or part-time employment positions totaling to [number] hours of work with [organization] that were already active prior to receiving a [program] loan. These positions would cease to exist without the financial support from the [program] loan. Seen in 3 SEC filings.
- Current Job means any work activity beyond an hour that was performed for pay in the last two weeks. If more than one type of work was done in the last two weeks, the primary activity from which the most income was obtained should be considered. Seen in 2 SEC filings.
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
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Which definition should you use?
π€ has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Current Job means active full or part-time positions within [organization] prior to receiving a [program] loan.
Relevant Contract Types
Relevant Circumstances
- Restructuring within a company
- Acquisition or merger scenarios
- Loan or funding applications
Relevant Sectors
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Genie Definition 2
- Current Job means work activity performed for pay, primarily generating the most income in the last two weeks.
Relevant Contract Types
Relevant Circumstances
- Temporary employment or consulting roles
- Multi-job scenarios
- Tax filings
Relevant Sectors
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