Additionally, the contract may outline eligibility for benefits, if any, including provisions for vacation time and sick leave. Performance review criteria may also be included to assess the employee’s contributions and effectiveness during their tenure. Importantly, the contract will state the termination date, making it clear that employment is not ongoing and will conclude at the end of the term unless explicitly renewed. This type of agreement is beneficial for employers who require flexibility in their workforce and for employees seeking short-term employment opportunities.