Professional Documents
Culture Documents
Daksh Chauhan
Emp ID TVC4706
31G,
Shivsankar Nagar, Jaipur
Rajasthan, 302033
Employment Agreement
Dear Daksh,
We are pleased to appoint you as Customer Success Associate with Team Vertex Cosmos Pvt Ltd. The terms
and conditions of this letter supersede all prior communications. You shall be governed by Company’s rules,
regulations and policies as applicable, enforced, amended or altered from time to time during the course of your
employment (“the Company Policy”). The terms and conditions of your appointment are as follows:
a) Your effective date of joining is Friday, 09 June 2023. You will perform duties as allocated to you,
conscientiously and exercising due diligence and care. On account of business reasons, these may be
modified from time to time and the changes will be communicated to you by your manager.
b) The terms and conditions of appointment shall be effective from your date of joining.
a) Your Initial place of posting shall be at Jaipur. Your place of work shall change in case of any relocation
of the company’s offices, for which you shall not be entitled to any additional compensation.
b) The Company’s business operates on a 24x7 basis and you may therefore be required to work in shifts
including periodic night shifts. Work exigencies and your profile may require you to extend your work-
timings in accordance with the Working Hour & Attendance Policy. By accepting and signing this letter
you affirm your willingness to abide by this requirement.
c) It is a condition of employment that due to business reasons, you may be transferred at any time from
one job, process, function or department to another and from one location or establishment of the
Company to another, and you will abide by the instructions of the Company in this regard. In such event
the terms and conditions governing your service shall be those applicable at the location of transfer or
those as applicable to employees of such subsidiary or affiliate as the case may be.
Your appointment will be on probation for a period of 6 month from the date of your joining the Company
or for an extended period of time (“Probation Period”) if found necessary. Your employment with the
Company will be confirmed on the expiry of your Probation Period unless you are specifically advised
otherwise in writing.
Your appointment shall continue, during your Probation Period or thereafter upon confirmation, unless
your employment is terminated by the Company, by providing not less than 7 Days’ prior written notice. In
the event you decide to leave the employment of the Company, you will be required to provide 30 Days
prior written notice to the Company, and the Company may at its sole discretion relieve you of your duties
anytime during the notice period. You will be paid salary up to the last working day.
The Company at its discretion, during probation or on confirmation of your services thereof, without
assigning any reason, can terminate your employment on payment in lieu of Notice Period. Such payment
will be calculated pro rate on the basis of your current Gross Fixed salary (subject to tax). In case of violation
of any policies, procedures or rules of the Company or any other act of misconduct including but not limited
to improper behavior, theft or fraud, your services are liable to be terminated without Notice Period or
without payment in lieu of Notice Period.
a) Your remuneration is detailed in the enclosed Annexure I. All tax liabilities arising out of your entire
compensation package, present or future, shall be borne by you.
b) The Company will deduct taxes and other statutory dues as may be applicable from time to time from
the remuneration payable to you. You will be personally responsible for your tax liabilities and other
dues. The Company shall also be titled to deduct any other sums as may be recoverable from you from
time to time.
c) By accepting this offer you authorize the company to deduct from your remuneration on termination
of employment (including salary, salary in lieu of notice, holiday pay and sick pay, etc) all debts owed
by you to the company or any fine imposed by the company as a discretionary penalty pursuant to the
company’s disciplinary procedure.
5. CONFIDENTIALITY OBLIGATIONS
a) In the course of your assignment with us, and by virtue of the position held by you, you may acquire
information, technical or otherwise which is confidential or proprietary to the Company or its
subsidiaries or affiliates, it’s customers, subcontractors or any other person or company having any
kind of association or relationship with the Company and/or its affiliates or subsidiaries (together
“Confidential Information”). You shall at all times during your employment with the Company keep
and maintain strict confidentiality of such Confidential Information and data that may come to your
possession or knowledge by virtue of this engagement, use such information only as may be required
in the normal course of your work and shall not disclose or divulge any such information or data,
without prior written consent of an authorized officer of the Company. You shall at all times, whether
during or after the termination of your employment, act with utmost fidelity and shall not disclose or
divulge any such information to third parties or make use of such information for your own benefit or
otherwise howsoever. You will not reproduce, store in a retrieval system or transmit in any form or by
any means - electronic, mechanical, photocopying, recording, scanning or otherwise - any copyrighted
Team Vertex Cosmos Pvt Ltd
Office Address: Plot No E258, Mansrover Industrial Area, Jaipur, Rajasthan-302020
Registered Office: 076A, Udyog Vihar, Phase 4, Gurgaon, Haryana 122016
Tel: +91 124 428 2044, CIN No U72900DL2021PTC383798, Email id info@vertexcosmos.com
material or other Confidential Information, for your own benefit or for the benefit of any third party,
either during the term of your employment or thereafter. Upon expiry or termination of your
employment with the Company, you will return and surrender to the Company, all such Confidential
Information including without limitation, data, information, files, books, magazines, reports,
documents, manuals, audio and video tapes, floppies and discs and any other knowledge databases
that came to you or were entrusted to you in the course of your employment and shall not retain any
copy thereof in any form whatsoever. You may be required to execute such other or further
agreements as the Company or its affiliates or customers may require in this regard, from time to time.
Provisions of this paragraph will continue to be valid and binding on you notwithstanding cessation of
your employment with the Company.
b) The Employee acknowledges that in the course of employment with the Employer, the Employee will
acquire and be exposed to information about certain matters which are confidential to the Employer
and not known to the public or to competitors (the "Confidential Materials and Information"), and
which Confidential Materials and Information are the exclusive property of the Employer, and includes
Confidential methods of operation, which includes all information relating to the Employer's unique
marketing programs, data and information gathering methods, techniques and approaches, unique
products and services, unique methods, unique service systems, unique security information and
systems, and trade secrets.
c) All of the Employer’s manuals of operation and methods of operation whether written or otherwise
disseminated.
d) All information regarding the Employer's existing customers and clients, including customer lists, contracts,
prices, invoices, computer printouts, files, data whether stored electronically or otherwise and other
similar information.
e) All information concerning the Employer's potential customers and clients, including mailing lists,
prospect cards, and other similar information.
f) Any information about the Employer’s business that is not known to the public or competitors, or any
other information which gives the Employer an opportunity to obtain an advantage over competitors
who do not know of such information.
g) Financial information, including the Employer's costs, sales, income, profits and other similar
information.
h) Business opportunities, including all ventures considered by the Employer, whether or not such
ventures are pursued.
i) Personnel information, including the names of employees and applicable remuneration and benefits
policies, and computer programs and procedures relating to the Employer's business, including related
data input procedures or techniques, software, hardware, e- mails and similar information whether it
be electronic or otherwise.
j) The Employee acknowledges that the Confidential Materials and Information referred to in paragraph
(1) could be used to the detriment of the Employer. Accordingly, through out the time of the
Employee’s employment with the Employer, the Employee under takes not to disclose to any third
party and to treat in strict confidence all Confidential Materials and Information, except where
disclosure is necessary by the Employee to properly discharge his duties of employment under this
agreement. Further, after the termination of the Employee's employment with the Employer,
k) You shall not disclose to any public papers, journals, pamphlets or leaflets, blogs or cause to be
disclosed at any time, any information or documents, official or otherwise relating to the Company or
its subsidiaries or affiliates, customers, sub-contractors or any other person or company having any
kind of association or relationship with the Company and/or its subsidiaries or affiliates, except with
prior written approval of the Company.
a) In order to protect the business and interest of the Company, you shall covenant, promise and
undertake that you shall not at any time during your employment with the Company and for a period
of two years after cessation of your employment, engage, directly or indirectly, whether as owner,
promoter, director, shareholder, consultant, retainer, advisor, employee or in any other manner, in
any business, conduct or action:
(a) that is similar to or competing with the business carried out by the Company and or its
subsidiaries, affiliates or group companies; or
(b) that involves solicitation or acceptance, either on your own account or as agent of any other
person, of the custom of any person in respect of the business of the Company; or
(c) that involves inducing, soliciting or endeavoring to encourage only person who is an
employee of the Company to leave the services or employment of the Company; or
(d) that uses any trade mark, name or nomenclature used by the Company at any time or any
other name that is intended or like to cause confusion with any name used by the Company
or that involves the unauthorized use, disclosure or exploitation of any proprietary or
confidential information or data of the Company.
b) You shall never engage in or encourage any disparaging or slanderous acts, comments or remarks
against the Company which may result in the erosion of the business interest or the loss of reputation
and damage of the Company and or its business and affairs.
c) During the term of your employment you shall not, directly or indirectly, engage in, associate with or
have any concern with any competitor of the Company and or undertake any activities which are
detrimental to the interests of the Company or could result in any gain, benefit or business advantage
to any of the competitors of the Company. Further for a period of two years following cessation of
your employment with the Company, you shall not undertake any employment or be associated with
any competitor of the Company in any capacity whatsoever.
7. NON —SOLICITATION
a) On termination of employment with the company, for a period of two years from the date of
termination, you shall not solicit any of the employees/ consultants/ representatives/ partners/ clients
of Team Vertex Cosmos Pvt Ltd and/or its group of companies directly or indirectly to work elsewhere.
In the event of violation of this clause, you would pay Team Vertex Cosmos Pvt Ltd an amount equal
to 6 months gross compensation of the affected employee(s) or any loss suffered by Team Vertex
Cosmos Pvt Ltd or any of its group companies, whichever is higher.
a) By accepting the employment with the Company you agree and acknowledge that, any breach by
you of the provisions of Clause 4, 5, 6, or 10.2 of this letter would result in irreparable injury to the
Company for which the Company shall be entitled to claim and recover from you as damages the loss
that are likely to be caused to or sustained by the Company on account of such breach. The Company
shall have the right to recover such damages from any amounts that are due or payable to you by the
Company without any objections or demur from you.
b) Notwithstanding the foregoing, you agree and acknowledge that any failure to comply with the
terms of this letter and more specifically with the terms of Clause 5, 6, 7 or 10.2 hereof, shall constitute
a material breach by you of your employment terms. In such an event, you hereby consent to any form
of administrative remedies, or similar sanctions, which may be available under the Law, for the
protection of Trademarks, other intellectual property, Confidential Information, business interests and
other similar rights of the Company.
c) By accepting the employment with the Company you agree to receive electronic communication
and transactional messages from the Company.
You will be allowed to resign from your services with the Company by giving a clear one months’ notice in
writing or by payment of one month Gross salary in lieu of such notice. The Company likewise would have
the right to terminate your services by giving you 7 days notice in writing or by payment of 7 days gross
salary in lieu of such notice. Gross salary would include all allowances and exclude Incentive & Provident
Fund. Please note that the Company may immediately terminate your services without any compensation
or notice thereof, if you are in material breach of your responsibilities which breach either (i) is incapable
of remedy; or (ii) if capable of remedy, has not been remedied by you for at least 5 days after receipt of
such notice from the Company. Such material breach would include (a) your failure to comply with or
committing breach of provisions contained in any of Clause 5, 7, 10.a and 10.b of this appointment letter
or (b) breach by you of any provisions of the Company Policy; or (c) any professional misconduct or
commission of actions which are not in the interest of the Company. There will be 20 days no buy out notice
period which you will have to serve so that the company can look for a replacement in lieu. Failing which
your employment will be considered as absconded.
Recovery of Dues: It is clearly understood and agreed particularly in view of the training imparted to you
and the expenses of which training borne and paid by the Company, that you shall not leave your service
of Company before completion of 12 months or extended period of probation or completion of training, as
the case may be however if you leave your service before the completion of aforesaid 12 months or
extended period of probation or completion of training without serving one months’ notice period the
Company shall deduct an amount of Rs. 15000/- (Rupees Fifteen Thousand Only) from the amount of your
salary or wages payable to you or from the amount of your full and final dues.
In the event of my leaving services of the Company, for any reason, during the 12-month period from the
separation date, I shall not directly or indirectly either on my own account or otherwise:
i. engage or attempt to engage in providing services to any customer or prospective customer
where such services or products are competitive with the services offered by the Company or
any affiliate to the Customer
ii. canvass solicit or endeavor to entice away from the Company any client or customer(s) of the
Company, or any person(s), who at any time during my employment, were or are clients or
Team Vertex Cosmos Pvt Ltd
Office Address: Plot No E258, Mansrover Industrial Area, Jaipur, Rajasthan-302020
Registered Office: 076A, Udyog Vihar, Phase 4, Gurgaon, Haryana 122016
Tel: +91 124 428 2044, CIN No U72900DL2021PTC383798, Email id info@vertexcosmos.com
customers of the Company, or were in the habit of dealing with the Company;
iii. solicit, interfere with, or endeavor to entice away any employee of the Company; or
iv. counsel, or otherwise assist any person to do any of the acts referred to in para (i) (ii) & (III) of
this clause.
I shall not offer, promise, give, accept, condone, approve or knowingly benefit from an improper business
gratuity, a bribe, ‘kickback’ or other improper advantage, benefit or reward, or otherwise apply
inappropriate influence.
I shall not make a ‘facilitation payment’. Facilitation payment refers to the practice of paying a small sum
of money to (usually) an official as a way of ensuring that they perform their duty.
None of my relatives are employed or associated with the Company or any of its affiliate companies or its
customers / clients / suppliers in any form; and I undertake that I shall immediately notify the Company in
case-
(a) any person who is so employed / associated becomes a relative, and/or
(b) a relative, in future, is so employed / associated with the Company.
1. the restraints contained herein are reasonable in all the circumstances of employment and agree
that they are necessary for the protection and maintenance of the Company and its business.
a) Upon end of your employment with the Company for whatsoever reason, you shall promptly return to
the Company any keys, laptop, passes, confidential documents or material, or other property
belonging to the Company, and return all writings, files, records, correspondence, notebooks, notes
and other documents and things (including any copies thereof) containing Confidential Information or
relating to the business or proposed business of the Company. The company reserves the right not to
relieve you of your employment in the event that all the Company documents / property / Confidential
Information in your custody have not been properly handed over by you to an authorized
representative of the company.
b) Background Verification: You hereby authorize the Company or any external agency hired by the
Company to verify your educational, employment antecedents, your conduct and any other
background checks prior to your joining the Company or thereafter. Your appointment is contingent
upon successful completion of the background check and the Company reserves the right to end your
employment should the results of your background investigation not be successful. Your address as
provided by you in the employment terms shall be deemed to be correct for sending any
Team Vertex Cosmos Pvt Ltd
Office Address: Plot No E258, Mansrover Industrial Area, Jaipur, Rajasthan-302020
Registered Office: 076A, Udyog Vihar, Phase 4, Gurgaon, Haryana 122016
Tel: +91 124 428 2044, CIN No U72900DL2021PTC383798, Email id info@vertexcosmos.com
communication to you and every communication addressed to you at the given address shall be
deemed to have been served upon you.
c) The age of retirement of an employee from company Service is 58 years. You shall however, during
your employment remain medically fit to perform the work for which you have been employed. As to
whether an employee is medically fit, is an issue which will be professionally determined by the
Company and the employee shall be bound by such determination. You will accordingly undergo
periodic medical examinations as and when intimated to you by the Company.
d) In case you don’t report to office for 3 consecutive days, an absconding will be raised on the 4th day of
your absence and you will be terminated from the organization on the 7 th day. As per absconding policy,
you will be required to pay one month’s Gross salary in lieu of your notice.
e) Company, however reserves the right to terminate employment without any notice or payment in lieu
thereof, if found guilty under the following reasons:
• Misdemeanor
• Influence of Drugs/Alcohol or any Toxicant
• Data Theft
• Integrity Issue
• Behavioral Issue
• Process Non-Adherence
• Misconduct
• Negligence
• Breach of instructions or regulations or any of the terms and conditions of service
or rule and regulations, expressed or implied
• Breach of any of the provision hereof.
a) As an employee in the full time employment of the Company, you will be obliged to devote your
entire time, attention and effort to the furtherance of the business of the Company and to continually
develop your professional skills in the interest of the Company and yourself. You shall not, during your
employment with the Company, directly or indirectly engage yourself in or devote any time or
attention to any employment or business or position of monetary interest, other than that of the
Company.
b) All intellectual property rights in any work or material developed by you (if any) during the course of
your employment shall belong to and be the property of the Company and you confirm that you shall
not be entitled to claim any rights over such intellectual property. If required by the Company, during
or after the term of this engagement, you shall assign and transfer in favor of the Company or, at the
request of the Company, in favor of any of its subsidiary, affiliate, customers or other persons, all
intellectual property rights in such works or materials and shall execute such deeds and documents,
as the Company may require, to effectually vest in the Company, any of its subsidiary, affiliate or
customers as the Company may require, any and all intellectual property rights and benefits in such
works or materials. In performance of your duties and responsibilities, you shall not use or infringe
any intellectual property properties or rights of any other persons.
d) You shall be bound by the Company Policy for the time being in force and as varied from time to
time.
e) In case of any dispute, the jurisdiction to entertain and try such dispute shall vest exclusively in a
Court of competent jurisdiction in Gurgaon.
f) The terms of this letter detailed above are strictly confidential and should be treated as privileged
information between you and the Company.
g) You are requested to please signify your unconditional acceptance of this offer by signing and
returning to us the duplicate copy of this letter.
Kindly sign and return the duplicate copy of this employment agreement, as a token of your acceptance
of the terms and conditions set out herein .Also, please initial each page of this letter.
Yours truly,
For Team Vertex Cosmos Pvt Ltd
Authorized Signatory
I accept the offer on the terms and conditions as described in this letter.
Daksh Chauhan
Dated:
Annexure I forms an integral part of the Appointment Dated Friday, 09 June 2023
Ref. No. TVC/HRD/ TVC4706
Designation: Customer Success Associate
Date of Joining: Friday, 09 June 2023
Remuneration Break-Up
Entitlements: All entitlements listed below are subject to Company policies, Procedures and guidelines
that may be enforce or are issued/ changed from time to time. All perquisites and benefits, including
reimbursements, are subject to Income Tax as per the provisions of the Income Tax Act, 1961, which
may be applicable, including tax on perquisites value. The details of your remuneration are as under:
* Performance Linked Incentive will be paid monthly basis based as per below grid and you should be active at the
time of payment.
* Login hours incentive will be paid max Rs. 2000 if you completed the 192 production hours in a month and if
production hours below 192 hours than Login hours incentive will be paid pro-rate basis.
Example 1 – If you completed 192 and above production hours in a month – Rs. 2000 login hours incentive paid
Example 2 – If you completed 188 production hours in a month – Rs. 1958 login hours incentive paid
(Rs. 2000/192 hours * 188 production hours)
Thanking you,
NON-DISCLOSURE AGREEMENT
THIS NON-DISCLOSURE AGREEMENT ("Agreement") is entered into on this 09 June 2023 by and between: Team Vertex
Cosmos Cosmos Pvt Ltd, a limited liability partnership formed under the Private Limited Act 2013, having its registered
office at Plot No 076A, Vertex Tower, Udyog Vihar, Phase 4, Gurgaon, Haryana 122016 (hereinafter referred to as
“Vertex Cosmos”) which expression unless repugnant to the context hereof, shall mean and include its representatives,
successors and assigns, of the FIRST PARTY.
AND
Second Party (Daksh Chauhan), having its registered address at 31G,Shivsankar Nagar, JaipurRajasthan, 302033,
(hereinafter referred to as “Employee”) which expression unless repugnant to the context hereof, shall mean and
include its representatives, successors and assigns, of the SECOND PARTY;
Vertex Cosmos & Employee are hereinafter collectively referred to as the Parties.
The parties agree as follows:
1. Definition of Confidential Information. For the purpose of evaluating, establishing or continuing a beneficial
business relationship between Team Vertex Cosmos Pvt Ltd and Employee.
(a) Vertex Cosmos and Employee, itself and through its direct and indirect subsidiary companies (collectively
“Parties”), may disclose to each other confidential non-technical business information, including without
limitation: personal data, personnel records, financial data, financial plans, prices and pricing strategies,
product plans, lists of actual or potential customers or suppliers, samples, prototype devices, components, or
other materials current, future, or proposed products of a party; business forecasts, and procurement
requirements of a party (collectively, “Confidential Information").
(b) For purposes of this Agreement, Confidential Information shall be limited to information of a business nature.
Such information shall not include confidential processes, formulations, designs, source code or other
information that would otherwise be considered technical in nature or that could be used in the creation of
a product, solution or business process. In the event the parties determine in the future that it is necessary
For, For,
Team Vertex Cosmos Pvt Ltd. Second Party(Employee)
_______________________
Authorized Signatory
Authorized Signatory Name: Daksh Chauhan
Title: Customer Success Associate