Even in this case the defenses to an action in equity (such as laches, the bona fide purchaser rule, or unclean hands) may act as a bar to specific performance. An Employment Agreement Amendment is useful when you want to change only one or two terms in an existing contract. If you run a business, and have an existing employment agreement with an employee, and need to alter it, you can use an Employee Agreement Amendment. Sometimes changes are necessary if the work responsibilities have shifted, or if you'd like to reward an employee with more vacation days. The "arbitration" clause may include details about the arbitration, such as whether the arbitration decision will be binding and how the parties will find an arbitrator when the time comes. More than just a template, our step-by-step interview process makes it easy to create an Employment Agreement Amendment. Save, sign, print, and download your document when you are done. A written contract reduces the likelihood of misunderstandings and a “he said / she said” situation.