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    13 views5 pages

    Appointment Letter - Pramod Mehrol

    Uploaded by

    testengine701921

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
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    Vakrangee Pr it pe a ai cin |L: +91 22 2850 3412 / +81 22 6776 510 errr Wate: F (CIN LeSsS0\IN 1990PLCC56% YL/HR/APPT/2019-2020/28552 August 19, 2019 To, Mr, Pramod Mehrol, Flat 203, H wing, Shakar Residency, ‘Tivri Road, Seven Square School, Naigaon (East), Palghar - 401208. Sub: Letter of Appointment Dear Mr. Pramod, With reference to your application dated March 13, 2019 and subsequent interviews, we are pleased to inform you that you are appointed as “Relationship Manager” with effect from May 16, 2019. The detail of your Compensation is attached as per Annexure L ‘You will be initially posted at Mumbai and will report to the Head - CRM. Other terms and conditions of your appointment are as follows: - + You will be on probation for a period of Six Months from the date of appointment. This period may be extended at the discretion of the competent authority, if necessary. During the period of probation, your services are liable to be terminated at any time with 7 days notice and/or assigning any reason, whatsoever, Further to the same, ifyou resign or remain absent from duty during the said notice period of 7 days, you will not only forfeit your salary for the period of your absence, but shall also be liable to payto the Company a sim equivalentto 7 éays salary or part thereof. + ‘Thereafter, subject to your attitude, conduct and performance being found satisfactory, your employment will be confirmed in writing. ‘+The appointment may be terminated by either side at any time by giving a writien notice of 30 days. The appointing authority reserves a right of terminating the services of the appointee without assigning any reasons therefore and making payment in lieu of the notice period as mentioned above, of @ sum equivalent to one month salary of the appointee, which will include basic salary, The same will be credited to the bank account of the appointee as per the policy of the Company in vogue, from time to time. # In the event of your giving 30 days notice, in writing, of terminating the agreement, you will serve the ‘Company for the entire 30 cays period of notice. Ifyou resign or remain absent from duty during the said 30 days’ period of notice or any pert thereof, you will not only forfeit your salary for the period of your absence, but shall also be liable to yay to the Company a sum equivalent to 30 days salary or part thereof, hy easy of liquidated damages and the /company will be entitled to appropriate cues payable to you, on account whatsoever, towards these damages. + On cessation of your employment with the Company, on superannuation or ctherwise, you shall handover the charge to such person(s) nominated by the Company oa its behalf and shall deliver all tho Company's properties in your possession, custody or under your control including without prejudice to the generality of the forcgcing all programmes, charts, drawings, specifications, notes, correspondence, ‘working paper files and other documents of whatever nature, Vakrangee + Working days and working hours will be observed by you as per the existing HR Manual, + Company reservesits right to vary your timings atits discretion, depending on the exigencies of work. + You will abide by the rules and regulations of the Company, which are in force at present, or be brought inte force from time to time. + You are required to display the Identity Card while you are in the office premises. You shall be bound to carry the Identity Card during the offical visits for any purpose outside the company. The non- compliance of the above will be viewed seriously and you will be subjected to disciplinary action for the non-compliance of the same under discretion of the Management. + Your detailed job description would be given to you by the management from time to time and that you will be bound to putin best of your effort in carrying out the job irrespective of your liking or disilking of the job. Your designation is merely indicative of the responsibilities, which you are required to carry out. ‘The company shall be entitled to require you to, at any time; perform any other administrative, rmanageral, supervisory, or other functions and you shall be bound to carry out such functions. + Your remuneration will be subject to annual review, or at such times as may be appropriate. Review dates are set by Corporate Headquarters. VL operates a Pay-for-Performance policy and the result of any remuneration review will take your performance into account. ‘+ You will appreciate that information relating t> your remuneration package is strictly confidential and hence you must maintain this confidentiality. © You shall carzy out the instructions given to you by your superiors, in connection with the business of the Company diligently and faithfully. © You shall maintain proper discipline and dignity of your official position within the office and outside offic. © You shall deal all matters with due diligence, ethics and shall be governed under the provision of mode! standing order, if applicable © You shall not, either during the continuance of your employment hereunder or thereafter at any time, without the prior consent of the Compary, in writing, disclose, divulge, or make public, except under legal obligation, any of the affairs or secrats of the Company or any processes, accounts, transactions and dealings of the Company or of any person, firm or Company which ought not to be disclosed, divulged or made public, whether the same be confided or become known to you in the course of your service or otherwise, nor shall you use or attempt to use any information which may injure or cause loss to or be calculated to injure or cause loss to the Company. © You shall not get yourself engaged in giving and accepting bribe in cash or kind or offering or accepting any type of favor for getting any work done during your tenure of service which may bring disrepute to the company. * "Subject to applicable law, during the Employment Feriod with the Company and for a period of 1 (One] ‘year immediately following termination or expiry of such employment, you Irrevocably undertakes not to, directly or indirect, in India or elsewhere, either as an individual on his/her own account or as @ partner, Executive, consultant, advisor, agent, contractor, director, trustee, committee member, office bearer or shareholder Vakrangee are eat a. Own, manage, operate, control, be employed by or participate in the ownership, management, operation or control of, or be connected in any manner with, any similar business and/or of the type and character engaged in and competitive with that conducted by the Company or any Aifiliate as it now exists or as it may exist at the time of termination, b, Solicit employment of, endeavor to entice or advise any Company Executive or any independent contractor, wha pravides services to or through the Company, to terminate his/her contract or relationship with the Company or to accept any contract (directly or indirectly) or other arrangement for providing services to any other person or organization; Join or contact any customers of the Company, who has been the Company's customer for a past twelve months, to entice such customers away from the Company or to in any way damage their business relationship with the Compan ‘© You will devote your whole time and attention exclusively to the duties entrusted to you and you will not engage yourself, cither directly or indirectly, to work for any other person or Company in any capacity whatsoever, nor will you do any private business without the prior permission of the Company, in writing ‘+ Iyoware charge-sheeted for any act of misconduct, you may be suspended from service pencting inquiry. Ifyou are found guilty of the misconduct, you will not be entitled for any salary for the suspension period. In case if you are found not guilty, you will be paid salary for the suspension period and you will be treated as you were in service for this period + You will assign the Company complete rights, title and interestin any invention or improvement, that you might make solely or jointly in the course of your relating to the products/services marketed, worked, based or developed during the duration of your employment with the company and the company shall be entitled to use, utilize and exploit suck inver provement. You will also perform/undertake activities and execute such decuments without expense to you which in the judgment of the Company may be needful or desirable to secure the Company's patent protection or for any other purpose, and any/all rights relating to inventions or improvement. + You shall be liable to be transferred outside Mumbai and/or to another Department/ Shift/ Location

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