Offer-Letter SubDutta

Download as pdf or txt
Download as pdf or txt
You are on page 1of 5

You are requested to report on your date of commencement of employment (as mentioned in clause 3

above) to complete the joining formalities. At the time of joining, you are requested to submit the
documents as per Annexure - C.

6. Employment Invention Assignment Agreement

You will be required to execute and be bound by an Employment Invention Assignment Agreement given
to you as in Annexure - D. The Employment Invention Assignment Agreement shall coexist with this
Employment Agreement.

7. Entire Agreement

This letter agreement (together with the agreements and annexures referred to herein) supersedes any
prior agreements, representations or promises of any kind, whether written, oral, express or implied
between you and the Company with respect to the subject matters herein. This letter (together with the
agreements and annexures referred to herein) may not be modified or amended except by a written
agreement, signed by the Company and by you.

To indicate your agreement with all terms and your acceptance of this offer, please sign the duplicate
copy of the offer on all sheets at the bottom on the right corner and return the same to Technotus Global
Pvt. Ltd.. Also, please provide the date you will commence employment with Technotus Global Pvt. Ltd..
Once you accept this offer and join the Company, this letter will serve as your formal Appointment Order.

We welcome you to Technotus Global Pvt. Ltd. and look forward to a mutually rewarding
association.

For Technotus Global Pvt. Ltd.

______________________________ __________________

Signature (Name) Date

Technotus Global Pvt. Ltd.

Acceptance of Offer

I have read and accept this offer of employment.

______________________________ __________________

Signature (Name) Start Date

___________________

Today’s Date
ANNEXURE - A

Salary Structure

Particulars

INR Per Annum

Basic Salary - ₹21000

House Rent Allowance - ₹1910

Special Allowance - ₹0

Bonus - ₹0

Leave Travel Allowance - ₹

Commission - ₹

TOTAL - ₹275000

For Technotus Global Pvt. Ltd.

222, IInd Floor, ,

Near Ganpati Plaza,MI road,

Jaipur, Rajasthan,

India - 302001

______________________________ __________________

Signature (Name) Date

ANNEXURE - B
TERMS AND CONDITIONS OF EMPLOYMENT

1. Term of Employment

Subject to Clauses 3 and 4 below, the term of your employment with Technotus Global Pvt. Ltd. is
intended to be for indefinite period subject to termination pursuant to the terms of this Agreement and
the requirements of applicable Indian laws.

2. Outside activities/[Conflicts]

This position is for a full-time employment with Technotus Global Pvt. Ltd. and you shall exclusively
devote yourself to the business of the company. You shall not take on any other work for remuneration
(part-time or otherwise) or work in an advisory capacity, or be interested directly or indirectly (except as
shareholders or debenture holders) in any other trade or business, during your term of employment with
Technotus Global Pvt. Ltd., without written permission from Technotus Global Pvt. Ltd.. Similarly, you
agree not to bring any third party confidential information to Technotus Global Pvt. Ltd., including that of
your former employer, and that in performing your duties for the Technotus Global Pvt. Ltd., you will not
in any way utilize any such information, other than in the manner that may be directed by Technotus
Global Pvt. Ltd. while releasing such information.

You will be liable to be transferred in such capacity that the Company may determine, to any other
department, branch, manufacturing unit or establishment under the same management or same
principals, whether existing or to be set up in future. In addition, the Company reserves the right to assign
you to other such units or companies as may be determined from time to time.

3. Termination

a) During the term of your employment, should you desire to leave the services of Technotus Global
Pvt. Ltd., you shall be required to give 30 days’ notice or salary in lieu thereof. The company may, at its
discretion, relieve you before the expiry of notice period without compensating for the remaining notice
period.

b) Technotus Global Pvt. Ltd. shall be entitled to terminate your employment without cause at any time
by giving you 30 days notice or salary in lieu thereof.

c) Notwithstanding anything mentioned in this Agreement, Technotus Global Pvt. Ltd. may terminate
your employment, with immediate effect by a notice in writing (without salary in lieu of notice), in the
event of your misconduct, including but not limited to, fraudulent, dishonest or undisciplined conduct of,
or breach of integrity, or embezzlement, or misappropriation or misuse by you of Technotus Global Pvt.
Ltd.’s property, or insubordination or failure to comply with the directions given to you by persons so
authorized, or your insolvency or conviction for any offence involving moral turpitude, or breach by you of
any terms of this Agreement or Technotus Global Pvt. Ltd. Policy or other documents or directions of
Technotus Global Pvt. Ltd., or irregularity in attendance, or your unauthorized absence from the place of
work (or remote check in in case of work from home) for more than five (5) working days, or closure of
the business of Technotus Global Pvt. Ltd., or redundancy of your post in Technotus Global Pvt. Ltd., or
upon you conducting yourself in a manner which is regarded by Technotus Global Pvt. Ltd. as prejudicial
to its own interests or to the interests of its clients and/or customers.

d) Notwithstanding anything aforesaid, termination by you shall be subject to the satisfactory


completion of all your existing duties, obligations and projects etc.

e) During the notice period, Company will continue to pay its share of insurance premiums, if
applicable.

f) On acceptance of the resignation notice, you will be required to immediately give up to the company
all correspondences, specifications, formulae, books, documents, market data, literature, drawings,
effects or records, et al belonging to the company or relating to its business and shall not make or retain
any copies of these items.

4. Holidays / Leave

General Holidays will be declared at the beginning of the Calendar year and all full-time employees are
entitled to this benefit. You may be called upon to attend duties as and when required on holidays, as
may be scheduled in accordance with the needs of the Company. You will be entitled to vacation and sick
leave as per the company's Paid Leave policy. Casual leave without notice will be considered as Leave
against Loss-of-pay. Additional leave will be against Loss-of-Pay. Medical Leave has to be authenticated
with Medical Report and is at the discretion of the Management.

5. Disclosure of Information

During the term of your employment with Technotus Global Pvt. Ltd., you are required to disclose all
material and relevant information, which may either affect your employment with Technotus Global Pvt.
Ltd. currently or in the future or may be in conflict with the terms of your employment with Technotus
Global Pvt. Ltd., either directly or indirectly, including but not limited to any and all agreements relating to
your current or prior employment that may affect your eligibility to be employed by Technotus Global Pvt.
Ltd. or limit the manner in which you may be employed. It is Technotus Global Pvt. Ltd.’s understanding
that any such agreements or information will not prevent you from performing the duties of your position
and you represent that such is the case. If at any time during your employment, Technotus Global Pvt.
Ltd. becomes aware that you have suppressed any material or relevant information required to be
disclosed by you, Technotus Global Pvt. Ltd. reserves the right to forthwith terminate your employment
without any notice and without any obligation or liability to pay any remuneration or other dues to you
irrespective of the period that you may have been employed by Technotus Global Pvt. Ltd..

Any change in your personal information including residential address, marital status and educational
qualification should be notified to Technotus Global Pvt. Ltd. in writing within three (3) days from the start
of such change.

Any notice required to be given to you shall be deemed to have been duly and properly given if delivered
to you personally or sent by post to you at your address as recorded in Technotus Global Pvt. Ltd.’s
records.

6. Adherence to Company Policy

You agree to conform to and comply with Technotus Global Pvt. Ltd.’s Policies and such directions and
orders as may from time to time be given by Technotus Global Pvt. Ltd..

7. Travel

You will be posted in Jaipur. But, you may be required to make visits and travel both within India and
overseas, as necessary for the proper discharge of your duties.

8. Non-Solicitation

You agree that during and upon termination of your employment and for one year thereafter, you shall
not in any manner either directly or indirectly solicit or entice the other employees or customers of
Technotus Global Pvt. Ltd. to join or enter into transactions, as the case may be with either you directly or
indirectly or with other entities which are in direct or indirect competition with Technotus Global Pvt. Ltd..

9. Assignment

This Agreement is personal to you and will not be assigned by you. Technotus Global Pvt. Ltd. will have
the right to assign this letter of offer to its parent, subsidiaries, subdivisions, affiliates, successors and
assigns, and all covenants and agreements herein will inure to the benefit of and be enforceable as such.

10. Arbitration

You agree that the interpretation and enforcement of this Agreement shall be governed by the laws of
India and all disputes under this Agreement shall be governed by the provisions of the Indian Arbitration
and Conciliation Act, 1996. The venue for arbitration will be .

This is to certify that I have read this Agreement and all Annexure and understood all the terms and
conditions mentioned therein and I hereby accept and agree to abide by them.

__________________________

You might also like