[Company Logo][Company Name]
- Ref. No.:
- [Reference Number]
- Date:
- [Date]
This Employment Agreement ("Agreement") is made at [City] on [Date] between:
[Company Name], a company incorporated under the Companies Act, 2013, having its registered office at [Company Address] (the "Company"); and
[Employee Name], son/daughter of [Parent Name], residing at [Employee Address] (the "Employee").
The Company wishes to employ the Employee, and the Employee agrees to be employed, on the terms set out below.
1. Appointment and Term
1.1 The Company appoints the Employee as [Designation] in the [Department] department with effect from [Date of Joining].
1.2 The employment will continue until ended under Clause 9.
2. Duties
2.1 The Employee shall perform the duties in Schedule 2 and other reasonable duties assigned by [Reporting Manager].
2.2 The Employee shall devote full working time to the Company and shall not take up other paid work without written consent.
3. Remuneration
3.1 The Employee shall receive an annual CTC of ₹[CTC] as set out in Schedule 1, subject to statutory deductions.
3.2 Increments and variable pay, if any, are at the Company's discretion and as per policy.
4. Probation
The Employee will be on probation for [Probation Period] months, which may be extended once by written notice.
5. Hours, Leave and Benefits
Working hours, leave, PF, ESI (if eligible), gratuity and insurance shall be as per law and Company policy.
6. Confidentiality
The Employee shall not disclose any confidential information of the Company, its clients or vendors, during or after employment, except as required by law.
7. Intellectual Property
All work, inventions, software, designs and documents created by the Employee in the course of employment shall belong to the Company. The Employee assigns all rights in them to the Company and will sign any further documents needed.
8. Non-Solicitation
For [Non-Solicit Period] months after leaving, the Employee shall not solicit the Company's clients or induce its employees to leave.
9. Termination
9.1 After confirmation, either party may end this Agreement by giving [Notice Period] written notice or salary in lieu.
9.2 The Company may end employment without notice for proven misconduct after a fair inquiry.
9.3 On exit, the Employee shall return all Company property and data.
10. Governing Law
This Agreement is governed by the laws of India. Courts at [City] shall have jurisdiction.
For
[Company Name][Authorised Signatory][Designation][Employee Name]Employee
Signature: ____________
Witnesses:
1. Name: [Witness 1 Name], Address: [Witness 1 Address], Signature: ____________
2. Name: [Witness 2 Name], Address: [Witness 2 Address], Signature: ____________