Employee Service Agreement with Probation[CD1]
THIS EMPLOYEE SERVICE AGREEMENT
executed at __________ on this the _______ day of _____________ _________
BETWEEN
_______________, a company
incorporated under the Companies Act, 1956, represented by it's
________________Mr./Ms. _______________, son of / wife of/ daughter of Mr.
___________ having it's registered office at
________________________________________________, hereinafter referred to as
the EMPLOYER (which expression shall, unless it is repugnant to the context,
mean and include it's successors-in-interests, administrators and permitted
assigns);
AND
Mr./Ms. ______________, son of /
wife of/ daughter of Mr. ____________, Indian, ______________, aged about
_____________years, residing at ______________________________________________,
hereinafter referred to as the EMPLOYEE.
WHEREAS
The EMPLOYER is carrying on the
business of ________________.
The EMPLOYER called for applications
from the eligible candidates for the post _________and in response thereto an
application-dated ____________ was forwarded by the EMPLOYEE to the EMPLOYER.
On processing the application and
the relevant documents, the EMPLOYER found the EMPLOYEE adequately qualified
for the post and offered to appoint him as __________________________ in the
Company.
The EMPLOYEE has accepted the
said appointment on the terms and conditions herein after set out.
NOW THEREFORE IN CONSIDERATION OF
THE MUTUAL OBLIGATIONS AND UNDER TAKINGS CONTAINED HEREIN THIS AGREEMENT
WITNESSETH AS FOLLOWS
NAME OF THE POST:
The said EMPLOYEE is hereby
appointed as ______________.
PROBATION AND CONFIRMATION:
The EMPLOYEE shall be on
probation for a period of ________. The decision of the management on the
performance of the EMPLOYEE during the period of probation is final and binding
on the EMPLOYEE.
DURATION OF EMPLOYMENT:
On successful completion of
probation, the EMPLOYEE shall be appointed as a permanent EMPLOYEE of the
EMPLOYER for a period of ____________.
PLACE OF POSTING:
The EMPLOYEE shall report to work
at ___________________, on ___________________.
HOURS OF WORK:
The EMPLOYEE is required to work
from ___________ to ________ during the Weekdays. The weekly holiday would be
on ________.
REMUNERATION
The EMPLOYER shall pay the
EMPLOYEE a stipend of Rs. __________/- during the period of probation. On
successful completion of probation the EMPLOYER shall pay the EMPLOYEE a basic
salary of Rs. __________.
The EMPLOYER shall increase the
basic salary of the EMPLOYEE as per the policy of the EMPLOYER.
PERQUISITIES & HOLIDAYS:
On confirmation, the EMPLOYEE
shall be entitled to other benefits, monetary/leave, as is prevalent in the
Company, from time to time, as per the ________________________.
ARBITRATION:
Any dispute arising under this
Agreement or any matter incidental thereto, shall be submitted for arbitration
as per the provisions of Arbitration and Conciliation Act, 1996.
IN WITNESS WHEREOF the parties hereto
affixed their signatures on the day, month and year mentioned herein above.
SIGNATURE OF EMPLOYER SIGNATURE OF THE EMPLOYEE WITNESSES:
1.
2.
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