[Company Logo][Company Name]
- Ref. No.:
- [Reference Number]
- Date:
- [Date]
To,
[Candidate Name]
[Candidate Address]
Subject: Offer to Join [Company Name] as [Designation]
Dear [Candidate Name],
We are excited to invite you to join [Company Name] as [Designation]. As one of our early team members, you will play a key role in building [Product / Business]. You will report to [Reporting Manager] and your proposed start date is [Date of Joining].
1. Your Role
Your initial focus will be [Key Priorities]. As a growing startup, our needs will change quickly; you may be asked to take on related responsibilities beyond your core role, and your title and scope will be reviewed as the company grows.
2. Compensation
- Annual CTC: ₹[CTC] (fixed), paid monthly after statutory deductions.
- Performance bonus: up to ₹[Amount] based on company and individual goals (delete if not applicable).
- ESOP: We propose to grant you [Number] stock options under the [Company Name] ESOP Plan, vesting over [Vesting Period] with a [Cliff Period] cliff, subject to board approval and a separate grant letter.
- Benefits: health insurance, PF and other benefits as per company policy and applicable law.
3. Work Arrangement
You will work [From Office / Hybrid / Remote] with base location [Work Location]. The company will provide a laptop and the tools needed for your work.
4. Confidentiality and Ownership
You will sign our Confidentiality and Invention Assignment Agreement on joining. Everything you create for the company, including code, designs, content, brand assets and business ideas, will belong to [Company Name]. Our investor information, financials, product plans and customer data must remain confidential during and after your employment. You confirm you are not bound by any agreement that prevents you from joining.
5. Probation and Notice
Probation will be [Probation Period] months with a [Notice Period] notice period during probation and [Notice Period] after confirmation. This offer is subject to verification of your documents (PAN, Aadhaar – last 4 digits / masked copy, education and experience).
Please sign and return this letter by [Date]. We cannot wait to build with you.
Cheers,
For
[Company Name][Founder Name]Founder and CEO
Accepted by
[Candidate Name]Date:
[Date]