Offer of Employment

Dear: {{Candidate Name}} Date: {{CurrentDate}}

Ref: Vaco Binary LLP Offer ID: {{EmployeeNo}}

We are pleased to appoint you as {{Designation}} with our Client Vaco Binary LLP located at our client project site at
{{Location}}, on a fixed Term Basis. You have to complete Joining Formalities within 10 days from your joining.
In addition to this :

1. Your assignment with the Company will be effective from the date of this letter {{DOJ}}. Your engagement will be
governed as per clauses mentioned in this letter and the attached Letter of Engagement.
2. Your CTC details would be :

{{SalaryTable}}

Your salary is payable only through electronic payment mode such as EFT/NEFT/RTGS/ECS or account payable cheque
for which you have to provide relevant information at the time of joining. One month grace period shall be provided to
you on reasonable ground.

3. In addition to the Monthly Salary, you will not be entitled to any other perquisites/ allowances unless given to you in
writing. Your coverage under ESIC scheme, Provident Fund scheme, and Bonus Act where applicable will be as per the
government regulations. Salary would be receivable on or before 10th of the subsequent month, subject to receipt of
corresponding payments from our Client where you will be deployed. Any discrepancy in the salary received needs to be
reported to our nearest branch within 7 days of receipt of salary after which, it will be considered as correct and further
claims will not be entertained. Gratuity will be payable as per Payment of gratuity Act, 1972. TDS will be deducted at
Higher rate as per Income Tax Act, in case PAN number along with proof is not provided to nearest Big Tree Branch
within 7 days of joining. Any unclaimed salary within 3 years from when it is due, will be paid to Labour Welfare Fund as
per Labour Welfare Fund Act. You will be entitled to leave as per the practice followed by the client.

4. If, your coverage under ESIC scheme is subject to adherence of rules & regulation of it. It is mandatory for you to
submit Aadhar Card (UID) including your family within one month from the date of issuance of ESIC number, if you fail to
submit the Aadhar Card (UID) within stipulated period in that case you will not be eligible to take benefits of ESIC
coverage and in that Circumstances Company shall not be held responsible.

5. If you are eligible under Provident Fund scheme subject to adherence of rules & regulation of it. It is also mandatory
for you to submit Aadhar Card (UID), PAN Card & Bank A/c. No. with IFSC Code (collectively referred as ‘KYC’) within one
month from your date of joining, if you fail to submit the KYC within stipulated period in that case as per PF norms you
will not able to withdraw or transfer or to take any benefits of PF and in that circumstances company shall not be held
responsible or liable.

6. Since our Client undertakes contract projects, you may be required to work at different project sites and are likely to
be deputed in any establishment within the city or outside the city including outside the State for the purpose of
discharging your duties as and when the situation demands, at the said working hours.

7. You will act within the framework of organizational structure and policies and directions as may be laid down by the
management from time to time. During the tenure of your employment with us, you will not undertake any other
employment or business activities, work or public office of payment or otherwise except with the written permission of
the Management. If you are found involved in any act which in the opinion of the Company is detrimental to the interest
of their business interest, Management shall be at liberty to dispense with your services immediately and without any
notice or compensation. At all-time during the tenure of this Contract of employment you will be bound by any Rules &
Regulations enforced by the management from time to time in relation to the conduct, discipline, leave, holidays or any
other matters relating to service conditions.
8. Either party can terminate the employment during the existence of a Appointment Letter, as per the terms laid out in
the Letter of Engagement. You shall at no point of time stake any claim or right to claim employment, damage, loss or
 compensation of any sort whatsoever against our clients. Your continuance in employment is subject to your remaining
physically and mentally fit. As and when required, the Management may require you to submit yourself to medical
examination by a physician of the choice of the management.

9. During your employment your notice period should be 30 days however Company can take the final decision on
a number of days to be served by the candidate in the notice period.

10. This letter is being sent to you in duplicate, please return two copies of the same, duly signed as the token of
acceptance this Contract of employment with the above terms and conditions.

Yours faithfully,
For Big Tree Resource Management Private Ltd I have received the Work Assignment Letter and agree to
the terms and conditions.

Authorized Signatory {{Candidate Name}}

(Signature & Date)
 Letter of Engagement with our Clients/Business Partners
Dear {{Candidate Name}},
{{CurrentDate}}

1. Big Tree Resource Management Private Limited (also known as “Big Tree”) is involved in the business of providing
services to manage key business processes of our Clients/ Business Partner s. Based on your interaction with us, we
wish to confirm your registration with us for the purpose of selection to perform any service ("Work Assignment":) that
may be required by our Clients/ Business Partners ("Customer").

2. It is understood that mere registration with Big Tree does not guarantee you any Work Assignment and is subject to
selection by Big Tree and/or its Customers. Big Tree may offer to engage you to perform specific Work Assignments from
time to time for any of its Customers at a specified location and you may choose to accept such offer at your discretion.

3. The terms of this letter ("Engagement Letter") shall govern your relationship with Big Tree now and in the future.
Each Work Assignment will be governed by the terms of this letter and the specific Work Assignment Letter. In the
event of any inconsistency, the terms of the relevant Work Assignment Letter shall govern.

4. Execution of any Work Assignment Letter by you shall be a full and complete acceptance by you to perform
the services. Upon acceptance, you shall;
I. fully perform the services, in a professional manner, at the Customer's location till the completion of
the term of the Work Assignment;

II. during the term of the Work Assignment, render services exclusively to the Customer and
such performance shall not be inconsistent with any obligation you may have to other third
parties;

III. not engage in any conduct detrimental to the interests of the Customer or Big Tree;

IV. not receive any payments of any nature directly from the Customer unless agreed to by Big Tree;
V. not, either directly or indirectly, offer yourself for employment with the Customer, its agencies or its
affiliates during the period of the Work Assignment without the prior permission of Big Tree ;

VI. comply with the safety, health, environment and other rules and regulations of the Customer provided
that you have been made aware of the same;

VII. report and be present at the Customer's designated location during the working hours mentioned in
the applicable Work Assignment Letter;

VIII. extend all co-operation to the Customer's employees, consultants, representatives, etc., and do all such
things as may be necessary and comply with all terms of the applicable Work Assignment Letter so as
to effectively undertake the Work Assignment.

5. At the end of each Record Period, as mentioned in the Work Assignment Letter, or at the completion of the Work
Assignment, whichever is applicable, you will deliver to the Customer, a Time Sheet (or any other format/ register as
required by the Customer) containing the number of hours worked in any given day at the Customer's location and such
other details as may be prescribed by Big Tree and produce the same to Big Tree upon request.
6. As consideration for the services performed during any Work Assignment, Big Tree will pay you remuneration, as per
the Work Assignment Letter. Big Tree will be entitled to make deductions as per applicable law or in respect of any
amounts due to Big Tree or the Customer from you. You will be reimbursed any approved expenses subject to your
submitting original bills/ declarations as required by Big Tree and/or the Customer.

7. Any intellectual property that results from work performed by the Individual under any Work Assignment
Letter shall be the property of the Customer and the Individual agrees to assign/ transfer to the Customer, the
worldwide,
perpetual and entire right, title, and interest in all intellectual properties including all rights to obtain, register, perfect,
and enforce patents, copyrights, and other intellectual property protection under any laws and conventions.

8. All proprietary information/ material of the Customer that is made known to you during the term of the Work
Assignment shall be received in confidence and you shall not disclose or, except in performing the services, use any such
proprietary information/ material. You agree that all information, correspondence, documents, materials or items
provided to you by the Customer or Big Tree are provided to you in trust and on lapse/ termination of the Work
Assignment, you shall promptly return all such material to the Customer or Big Tree, as the case may be.

9. You agree that this Letter of Engagement creates no obligation on the part of either party unless you are selected for
a particular Work Assignment and you execute the relevant Work Assignment. By executing this Letter of Engagement,
neither do we offer you employment with Big Tree nor do you become an employee of Big Tree. The terms of this Letter
of Engagement shall however govern any Work Assignments that you undertake to perform.

10. Should you be selected to perform the Work Assignment, the nature of your relationship with Big Tree will be that
of Employment/ Contract of Service for a period mentioned in the Work Assignment Letter. Upon lapse or termination of
the Work Assignment, your employment with Big Tree shall stand terminated forthwith.

11. Except for lapse of a Work Assignment due to completion, if either Party wishes to terminate the Work Assignment
during its existence, the terminating Party shall provide a notice of 30 days to the other Party for Work Assignments of
duration 6 months or more. However, in case of Work Assignments of duration under six months duration, a notice
period of Fourteen Days is required. In case you fail to give the above notice, the salary in lieu of notice will be
recovered from you.

12. In case there is no Work Assignment subsisting, either party may terminate this Letter of Engagement forthwith
by sending notice in writing. If a Work Assignment is subsisting, this Letter of Engagement can be terminated only co-
terminus with the relevant Work Assignment as per the notice period required for termination of the Work Assignment
as above.

13. Termination of this Letter of Engagement shall not affect the obligations of the parties that have been incurred
prior to termination and Big Tree will promptly settle all your dues after making applicable deductions. Further,
obligations relating to confidentiality and intellectual property shall continue after termination/ expiry of this Letter of
Engagement or the Work Assignment.

14. You agree to defend, indemnify and hold Big Tree or the Customer harmless from any and all claims, damages,
liability, attorneys' fees and expenses on account of your failure to satisfy any of your obligations under this Letter of
Engagement or under the Work Assignment Letter or for misconduct, violation of any law or creation of any legal liability
by you.

15. Any dispute between the Individual and Big Tree shall be referred to a sole arbitrator to be selected from a list of
arbitrators nominated by Big Tree. The arbitration shall be conducted in English language, in accordance with the
Arbitration and Conciliation Act, 1996, at Mumbai, India. This engagement letter shall be governed in all respects by the
laws of India.

16. In addition to the terms contained herein, your relationship with Big Tree may be subject to such other
additional terms and conditions as may be communicated to you from time to time in writing by Big Tree.

We request you to please sign a duplicate copy of this letter and return the same to us, indicating your acceptance of the
terms mentioned herein. By signing this letter, you confirm that you have read, fully understood and accepted the
terms of this letter.
Warm regards,
Yours faithfully,
For Big Tree Resource Management Private Ltd I have received the Work Assignment Letter
and agree to the terms and conditions.

Authorized Signatory {{Candidate Name}}

(Signature & Date)
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