Employment Agreement

Updated atSeptember 2010

This agreement is made the........day of........201...


________________ a Company incorporated under the laws of the _______________ and having its Registered Office at __________________________(hereinafter referred to as the Company)


_____________, s/o _____________resident of _______________ (hereinafter referred to as the Employee). together referred to as the Parties.

It is agreed that the Company will employ Mr. ____________as [designation] of the Company on the terms and conditions as laid down in the Annexure to this Agreement appended hereto, and on terms and conditions as enumerated hereinafter in this Agreement:

1. Definitions and Interpretations

In this Agreement:

1.1 "Associate Company" means a subsidiary and any other Company which is for the time being a holding Company of the Company.

1.2 "Calendar Year" means the Calendar year which shall run from the 1st day of January to the 31st day of December every year.

1.3 "Probation Period" means the initial period of three months extendible by a further period of three months on the commencement of the Employment of the Employee.

1.4 Words importing one gender include all other genders and words importing the singular include the plural and vice versa.

1.5 Any reference to a Statutory provision shall be deemed to include a reference to any Statutory amendment, modification or re-enactment of it.

1.6 Any reference to the Company shall if appropriate include his authorized representatives.

1.7 References in this Agreement to any clause, sub-clause, schedule or paragraph without further designation shall be construed as references to the clause, sub clause, schedule or paragraph of this Agreement.

2. Terms of Employment

2.1 The employment of the Employee shall be deemed to have commenced on the date of actual reporting in the premises of the Company pursuant to the execution of this Agreement.

2.2 The Employee shall be under the period of probation on commencement of his employment. Period of probation shall be for three months. The Company shall have the option to extend the period of probation by a further period of three months, without assigning any reason to the Employee.

3. Duties

The Employee shall during his employment with the Company under this Agreement:

3.1 Perform the duties and exercise the powers which the Company may from time to time properly assign to him in his capacity as [title] or in connection with the business of any of its Associated Company.

3.2 The Company shall be at liberty to appoint any other person to be [job title] of the Company jointly with the Employee and to assign to him duties and responsibilities identical or similar to those assigned to the Employee under this Agreement.

4. Hours of Employment

4.1 The Employee shall carry out his duties between 9.00 A M to 6.30 P M and during such hours as the Company may from time to time reasonably require him to work. Employee shall be required to work for a minimum of 45 hours per week, Monday to Friday.

5. Place of Employment

5.1 The Employee''s place of employment shall be [specify place], but the Company shall be entitled to require the Employee to work at any other place of business of the Company, whether on a temporary or permanent basis as the...

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