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This employment Contract is made on the date 20th day of January 2020.between
And
Background
I. The employer assume that the employee has requisite qualification, experience, ability to
carry out the necessary work in its Business.
II. The Employer willing to employ Employee and The Employee has acceded the term and
condition which is mentioned in the agreement.
Whereas
The Employer willing to take advantage of the service of employee and Employee willing render
his service on such term and condition as agreed.
IN CONSIDERATION OF above matter agreed and of thee mutual benefit and obligation (the
sufficiency and receipt of which are hereby acknowledged) the parties to this agreement agree as
follow.
The Employee begin his full time service in company from 21st day of November 2020
I. At the time of joining Employee agreed to all term and condition as set out in the
agreement and Employee acceded to subject of general rule establish by the company
and perform his task under the supervision of the Employer.
II. .The Employee agreed to perform all the task as required of his position with due
diligence and faithfully.
III. While carrying out the his work and responsibilities the Employee would be abide by the
all reasonable policies as agreed in the contract.
IV. It is also agreed by the Employee that his duties, assignment and responsibilities may
alter by the Employer on its discretion without termination of his agreement.
V. The Employee would be bound by the company’s rule regarding rule, regulation and
policies including leave, schedule, work as they can be alter from time to time.
REMUNERATION
I. Salary paid to the Employee for his service as mention in agreement include salary 15 lac
per annum.
I. The Employee can deduct from employee’s remuneration or in any other form required by the
law.
II. The Employee is also entitle to get bonus as per agreed by the Company in the agreement but it
is on sole discretion of the Company to provide extra incentive.
COMPENSATION
I. All the reasonable expenses incur by the Employee during employment shall be fully
reimburse to the Employee as agreed in the agreement.
ANNUAL LEAVE
II. The Employee shall be entitle to take 1 month leave in a year as agreed in agreement
III. Employer can terminate the leave of the employee on account of workload.
PROBATION PERIOD
II. As per agreement it is understood and agreed by the employee that first 90 days constitute as
a probation period. In this period employee’s service can be terminate without any prior
notice.
TERMINATION OF EMPLOYMENT
III. If there is cause of termination, Employer can terminate service of employee as per permitted
by law.
IV. Employer and Employee agreed to give reasonable and prior notice 30 day before terminate
from service.
V. The date of termination is decided either by employee and employer and on the date of
termination employer shall provide remuneration to the employee.
VI. Once the notice has been given by either party, Both the Employer and employee should be
abide by the rule and regulation and work faithfully till the end of the date. According to the
agreement employer can not make any alter to the remuneration.
VII. If the employee is discontinue in operating the work without any valid reason. His service
shall be terminate in the end of the month and he ceases to render his service in company.
CONFIDENTIAL INFORMATION
I. The employer has absolute right over the confidential information. It contains all data and
information related to the business of the company. Here, employee know most the
information of the company and confidential information related to the third party is
disclosed to the employer and it is governed by the non-disclosure agreement. So it is
responsibility of the employee to not disclose any matter to the third party without written
consent of the employer.
II. It is agreed that the all information which employee know shall be kept confidential and
protect from disclose in public.
III. The Employee acceded and understood that if any confidential information by the his
negligent disclose shall be breach of the agreement.
IV. The employee is obliged not to disclose any information to any party if it happen employee
has to face termination. In this Employer has exclusive right to terminate from service
without any remuneration.
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LAWS
II. Employee admit the term and condition of the agreement in that Employee can obtain limited
independent legal advice.
SEVERIBILITY
I. The Employer and Employee admit that this agreement is reasonable and legally justified. If
the court found any clause arbitrary or unreasonable. If the parties want change in such
provision by the court only to certain extent which deemed it necessary then the court can
intact that provision reasonable and enforceable and other provision render unreasonable and
invalid.
IN WINTNESS WHEREOF
The company has caused this agreement by his duly authorized agent and Employee has
acceded to all term and condition and both parties have affix their signature.
Employer
Name– Mr. Paras Kumar.
Address – Raja Park C Scheme, Jaipur, Rajasthan.
Email – P&Pmandaldas@yahoo.com
Employee
Name – Siddhart daye
Address – Ahmedbad, Gujarat
Email – siddaye@gmail.com
Sign
Employer Employee
P&p SIddaye