Legal documents setting out minimum rates of pay and conditions of employment which apply to employees in a particular workplace, organisation, industry or occupation. They set out hours of employment, pay rates, penalty rates, loadings, allowances, leave entitlements, employment protection or casual work. The parties involved in the making of an award may include one or more employers, employer organisations and unions (who represent employees). Laws and awards override employment contracts. An employer and employee cannot agree to â€˜contract outâ€(tm) of an award, that is, offer pay or conditions lower than those in an award. NSW law requires an employer to exhibit a copy of all relevant awards in the workplace.