Agreement forming part of our Employment offer
This Agreement is entered into this the Date_______ between Organization Name__________, a Company registered in India, having its registered office at Full Address of company’s registered office.(hereinafter called the ‘Company’) and (ii) Mr./Miss./Mrs., Employee Name___ a Indian inhabitant residing at <<Present Address of the Employee>> and having permanent address at <<Permanent address of the Employee>> (herein after referred to as “Employee”) of the other part
WHEREAS
A The Company has selected the Employee for the position of Designasion_____________,which would initially involve extensive training for imparting the required level of skills, for effectively carrying out the official responsibilities assigned to the Employee.
B The Employee, on joining the Company, undertook to stay in employment of the Company for a minimum period of six months ,& one month notice period to the Company in case he/she wants to leave the company, in consideration of which, the Company is not charging the cost of training from him/her.
C the Employee undertakes to undergo the training methodologies, as may be required, and understand the job responsibilities, so that the same are carried out in an effective manner.
D the Employee, as part of the consideration for the training efforts and costs involved, agreed to sign a bond for not leaving the services of the Company for a minimum period of six months from the date of his/her joining the services of the Company.
NOW THIS AGREEMENT WITNESSETH AS BELOW:
However, Company has full right to transfer,suspend or terminate the employment of the Employee in case if he/she breaches any of the above provisions & founds dishonest to the Company at any moment of his/her employment also Company can with held the Salary or/and Exp.letter of the said Employee until the final clearance of the matter.
In witness hereof the parties have executed this Agreement on the day and date mentioned above at Ahmedabad.
Witness : 1. <<Name of the company>>
Employee
Dt. / /2008
Place :
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