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THIS AGREEMENT made at Mumbai on this _

,31",

u"a lYeN iq lt)orAy between

fi

thousa nd

TATA CONSULTANCY SERVICES LlMtrED,

incorporated under the Companies Act 1955 (hereinafter referred to as "TCS") and having its
Corporate Office at TCS House, Corner of Hazarimal Somani Marg & Raveline Street, Near Sterling Cinema, Fort, Mumbai 400 001 of the First part and ," lndian lnhabitant, residin

^,*,wo

company

e^t L

LoCaHon

)t

Z Mnn. q -l*.-1fn""rr-Z ft
e{\E aA},\aAs

and having permanent address at

nafter referred to
"Mr./Ms. Znlqrn. **h"fm^,r?)
(hereinafter referred to

as

of the second part AND

Zhlam<-o{*?,e S,rrefHT
to include his/her

as

"The Surety") which expression shall be deemed

executor, heir and administrator of the Third part.

WHEREAS TCS is involved in

the business

of

problem solving or consultancy and as of present and


-

the foreseeable future specifically in the business of Computer and Management Consultancy
offering services and products both in lndia and abroad.

-u.
of
high

WHEREAS

the

possession

of the above problem

solving techniques and effective use

technologies equipment can be acquired mainly through special training and training ("Training").

or specific on the job

TCS

Confidential

I=;unSr- of lyoi^n Y

,/<in$;r.- q S*47

Page | 7

WHEREAS

the said Training is of a duration of twelve months and is liable to be extended by a

further duration based on the performance of

vr.7vrr.

4Nqtna o{+be, ti,?Ainee.7

duringtheTraining,ofwhichTCSshallbethesolejudge.r
WHEREAS

the above mentioned Training involves considerable expenditure - both direct

and

indirect, financial and unliquidated - related to faculty, computer time, support facilities, salary of

rvr.lrvr.

Nlame- ob*he-

{qtaineeZ

white underrraining.

WHEREAS

this Training substantially improves the professional standing


TCS

of

and it has been imparted by TCS at considerable expenditure as an investment,


expects a commitment (elaborated below) from the employee to

recover its expenditure or seek a penalty for non-fulfillment of the same.

WHEREAS

the expenditure involved in imparting the said Training v,.lrv,@severaltimesineXcessofthepenaltydemandedfromhim/her.

to

IT IS NOW HEREBY AGREED AS UNDER:

ln

consideration of

the Training to

be imparted by TCS,
irrevocably

Mr.

1qajtle4-* , undertakes
2 (two) years from the date of joining TCS. Mr./Ms

to

serve TCS or any

of its
i,

associated or affiliated companies to which he/she may be transferred for a minimum period of

ZNq

ol

{lre-ti"mrin

ez}

giving this undertaking in view of the considerable expenditure incurred by TCS on him/her.

z.

Mr./Ms.

l- Mtne. 0

agrees not

to take employment with

any

other person, firm or company during the period of applicability of this agreement.
3.

By way

of guarantee for due performance of all the terms and conditions contained in the
has deposited in the name of TCS a sum

Agreement, Mr./Ms.

of

Rs. 50,000/- (Rupees Fifty Thousand only)

with the

Bank/

for a period of Two Years

and bearing interest as applicable, and the relative Bank receipt is attached. lf she/he faithfully

TCS

Confidential

Page | 8

3'ro.-,^fr"

lf)

4lcxno> '

,t-Oe

/-<tnLffx,. WS*17

serves TCS in accordance with the terms of this agreement TCS shall refund the deposit amount

of

Rs.

50,000/- (Rupees Fifty Thousand only) with interest thereon to him/her.

4.

By way

of guarantee for due performance of all terms and conditions contained in

this

asreement,

lvr.lvrr.Z-\hrnc- ol'thre-'lryafnee-Z provide herein below the name of his/her near relative / person in order of preference and who have consented by

----_-]r

signinghereinbelowto standasSuretyonhis/herbehalftoensurecompliance
covenant, and that in the event

oftheaforesaid

of failure/neglect

by Mr./Ms'
TCS

dN <NqmA

*tre-' I O{tqg-' l(f0"i4eez

rr

(?

to fulfill any of the terms of this undertaking of which

shall be the sole judge the Surety shall

be liable to pay TCS Rs.50,000/- (Rupees Fifty Thousand only) as compensation with interest
thereon as applicable and the Surety hereby agree, confirm and accept that the Surety shall be
tiable jointly and severaily with

Mr./Ms

,(Name- ol{tril"o.in9,o

pay the same to TCS.

Name

A
___n#$'--S-txV-

Occu

atio

Ocr,u-n+ior"t,
--'T----

duftilz o|,_ttre--$;Jr,t---u
T-----

5.

ln the event of any dispute or disagreement over the interpretation of any of the terms herein above contained or any claim of liability of any part including the Surety the same shall be referred to a person to be nominated byTCS whose decision shall be final and binding upon the

parties hereto. Such references shall be deemed to a submission

to arbitration

under The

Arbitration and Conciliation Act, 1996 or of any modification or re-enactment thereof. The
venue of arbitration shall be Mumbai.

if 6. During the period of 2(two) years from the date of joining , tJqmo- ollh4w;rv*"a v s/ e g n s/ abandons the services or violates the ru r / rvt I
.

terms

of this

Agreement,

Mr.1y,Ar.

1\hnu
notice

ob+he-lfuary' *;tt have to


or salary in lieu

pay

liquidated damages amounting to Rs. 50,000/- (Rupees Fifty Thousand only) and give one

calendar month's
TCS

written

thereof

'

Confidential

1sw^,ffi,

W1"f^t"--7

sqz L<'ur#
q

*r./.lhne- olth-Iqainub7
be recovered

asrees that the said amount of Rs. 50,000/- can

adjusted byTCS from the legal dues, if any, payable to him. on being absorbed

as an Employee of TCS, after completion of the said Training period, TCS would be entitled to

terminate the services of the Employee with one calendar month's written notice during the

tenure of service agreement. The provisions stated herein for breach

*,

1ril, o{Nqne- o#l1ne-I,v:t\ttt 7

by

of the provisions of this asreement

shall be without prejudice to other remedies available to TCS.

ADDRESS FOR THE PURPOSE OF SERVICE:

7.

All communications between Mr./Ms.

,l-Nat"
at:

or
:

TCS and

Surety shall be deemed to have effectively served if addressed to the following address
TCS (TATA CONSULTANCy SERVTCES LtMtTED)

TCS House, Corner of Hazarimal Somani Marg & Raveline Street, Near Sterling Cinema, Fort,

Mumbai 400 001


(Dr.

Mr.

Miss/ Mrs.)

at)

thcGo^i ZP.rr*"""r ailAo*t \a:uau,o-z

Lrtq^o

Surety (Dr. at)

/ Mr. / Miss/ Mrs.)

Any change in the above addresses of any of the concerned parties i.e. TCS, rvr.Zrvr. { Nqr\g of +qe- (thrne-Z or surety, shan be intimated to the other
parties bythe partywhose address has changed within a period of seven days of such change.

lf no such change has been intimated or

received, the addresses mentioned above shall be

deemed to be the addresses ofthe concerned parties.

TCS

Confidential

Page

10

/ Sixtffi^.. fi,ra\,^o 0.7

.zSiq^;frr* \5'u47

As a token of his/her consent, he/she has signed this agreement as surety:

Nome-

nfit

s'@? z

lasirnakdy
Dated this
Signed and delivered by Mr./Ms.

)<sifrnffihrt Tta^;*-Z \*
)

Accepted for and behalf of TATA CONSULTANCY SERVICES LIMITED


by their Constituted AttorneY

) )

TCS

Confidential

Page

l<Jo.^-#.

o-f.ud,-r-

/<;$^^r,,-+ S"-?7

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Sufety Verification
This is to certify that l,

Nawre- o
(name of (Relationship).

(Name of the Surety) am standing surety for

the candidate) who is mY

ConsultancY Services Ltd on

Toinl

(candidate's date of andidate's date of joining


).

joining) and executed an agreement on

rn the

eventthat

Mr./Ms

l. f{atne- \+t"z- {mi^'-:


000/-'

(name of the

guarantee and will be liable to the candidate) does not fulfillthe terms of the agreement, I stand

liquidated damages of

Rs. 50,

My permanent add rESS is as follows:


Name: Address

*he- 3u

Phone: (With countrY and area code)

(Signature of the Surety)

(Signature verification by competent authority)

Office Seal: Date:

Signature:
Name:

Designation: Office:

TCS

Confidential

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