A company agreement differs in many ways from a contract of employment under the Common Law. The Fair Work Laws, which entered into force in 2008, created transitional individual employment contracts (specific individual agreements that could only be concluded until the end of 2009) and amended collective agreements in July 2009 into company agreements. To avoid confusion and misunderstandings, it is important that you make sure that the company agreement would contain all claims in the NES. Where a term of an undertaking agreement provides for a right less favourable to a worker than the equivalent right in the NES, the right under the NES shall apply and be applicable to the worker, irrespective of the terms of the agreement. An Australian Company Agreement (AWA) was a kind of formal individual agreement negotiated between an employer and a worker in Australia, which lasted from 1996 to 2009. . .