Here’s A Review Of The Employment Agreement:

Parties Involved : The agreement involves a private limited company (the Employer) and an
individual (the Employee) and specifies their roles and responsibilities.

Interpretation : The document provides definitions for key terms used throughout the agreement,
including "Confidential Information," "The Employment," "Group Company," "Subsidiary," and
"Termination Date."

Position : It outlines the initial position of the Employee as a Coach and allows for potential changes
in position or location based on the Company's requirements or the Employee's performance.

Term and Probation Period : The agreement establishes a probationary period, during which the
Employer can terminate the Employee's contract without notice. Afterward, the Employee's
confirmation is at the Employer's discretion.

Performance of Duties : The Employee's responsibilities, including providing coaching services

and adhering to legal and ethical standards, are detailed.

Compensation : The document specifies the Employee's annual salary, payment frequency, and
reimbursement of reasonable expenses.

Obligations of the Employee : This section addresses various aspects of the Employee's conduct,
including not engaging in competing businesses, adhering to leave and harassment policies, and
maintaining confidentiality.

Leave Policy : It outlines the Employee's entitlement to paid leave and the procedure for reporting
sickness or injury.

Assignment of Intellectual Property : The Employee agrees to assign intellectual property

developed during employment to the Employer.

Competing Businesses : The Employee agrees not to engage in activities that compete with the
Employer's business for one year after termination.
Confidentiality : The Employee is bound to maintain the confidentiality of the Employer's trade
secrets, business plans, and client information.

Remedies : The Employer can terminate payment obligations if the Employee breaches certain
covenants and is entitled to seek equitable remedies for such breaches.

Amendment and Termination : The document addresses the terms of termination, including
notice periods, causes for termination, and related conditions.

Restrictive Covenant : It restricts the Employee from soliciting clients or divulging financial
information after termination.

Notices: Specifies how formal notices should be delivered.

Non-Assignment : The Employee's interests under the agreement are not subject to claims by
creditors and cannot be assigned or encumbered.

Successors : The agreement can be assigned to a successor employer, and the successor must uphold
its provisions.

Indemnification : The Employee must indemnify the Employer for certain expenses incurred in
connection with employment-related claims.

Modification and Severability : Any changes to the agreement must be in writing, and each
paragraph is considered separately enforceable.

Paragraph Headings : Headings are for convenience and don't modify the agreement's provisions.

Applicable Law and Jurisdiction : The agreement is governed by Indian law and subject to
Delhi courts' jurisdiction.

Counterparts : Multiple counterparts can be executed.

Execution: The document requires signatures from both parties or their authorized representative.