Employment Agreement India Sample

The consulting contract can be used when the services of the consultant or independent contractor are used by a natural or commercial person. For more information on the difference between these two agreements, see our guide: What is the difference between an employee and an independent contractor? 12. CONFIDENTIALITY In the course of working with ______, the employee may learn private, sensitive and/or confidential information. This information may concern __, its customers or even parties with whom the Company does business. The employee shall keep secret and may not disclose such private, sensitive or confidential information, from any source and in any manner as he or she may learn, to any person or entity without the express written permission of the Company. A breach of confidentiality above may serve as grounds for termination of the employment relationship. The obligations imposed on the employee under this clause remain in force and continue to exist even if he leaves the employment relationship of __ 13. OTHER EMPLOYMENT: During employment with ____, the employee will not take any other form of employment or engage in any other business activity without the prior written consent of _ ME, _________________________________________________________________WITH_____________________________ NAME: DATE: SIGNATURE: On behalf __________being employer in the presence of (2) ________________________being of the employee in the presence of 2. The employer provides personal accident insurance for the employee (personal accident insurance is attached to this employment contract as Annex B) Both the employer and the employee contribute to this premium payment system in the report determined at the sole discretion of the company. The Company hereby employs the Employee as an employee, and the Employee hereby agrees to serve as such for the period beginning and ending on the date on which the Employee`s employment relationship is terminated in accordance with paragraph 8 below (the “Employment Period”). Keep in mind that the validity of certain clauses of an employment contract may extend beyond the duration of an employee`s employment.

For example, a confidentiality clause may remain in effect for years after the employee leaves the company. This clause prevents the employee from disclosing confidential information about the company for a certain period of time or an unlimited period of time. THEREFORE, taking into account the mutual agreements and arrangements listed below, it is agreed and agreed by the Company and the Employee as follows: This employment contract, i.e. the Terms of Employment, is a contract to be used when an Indian company hires a new employee. It can be used for a number of different types of jobs, including full-time, part-time and temporary. If, at any time, the Employee materially violates any of the agreements or understandings set out in paragraphs 5 and 6, the Company shall have the right to terminate all of its obligations to pay other payments under this Agreement. The Employee acknowledges that the Company would be irretrievably harmed by a breach of paragraph 5 or 6 and agrees that the Company shall be entitled to an injunction exempting the Employee from any actual or threatened breach of paragraph 5 or 6 or any other reasonable remedy, without the need for any warranty or other guarantee. However, many model employment contracts also contain provisional clauses that offer the company additional legal protection: a breach of confidentiality as mentioned above can serve as a ground for terminating the employment relationship.

The obligations imposed on the employee under this clause remain in force and continue to exist even if he leaves the employment relationship of __ This agreement sets out all the conditions of employment, including work obligations, wages and benefits, hours of work, confidentiality, annual leave and various other important conditions. This Agreement may be modified or terminated by mutual agreement by the parties without the consent of another person, and as long as the Employee is alive, no person other than the parties has any rights or interests in this Agreement or in the subject matter of the Agreement. Without a written employment contract form, an employment contract is usually implied at will. In other words, the employee is free to dismiss at any time, and the employer is free to dismiss the employee at any time – as long as the basis for the dismissal is not considered illegal dismissal. .

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