March 18, 2024

LASCO FINANCIAL
SERVICES LIMITED
Venessa Jackson
43 Dunrobin Avenue,
38 ½ RED HILLS ROAD Dunrobin Acres Phase II,
KINGSTON 10
Kingston 10
JAMAICA W.I.

Tel: (876) 906-7473 Dear Ms. Jackson,

(876) 920-0322
(876) 920-7568
We are pleased to engage you with permanent employment in the position of Teller
Fax: (876) 908-4817
Toll Free: 1-888-LAS-CASH with LASCO Financial Services Limited commencing Monday, March 25, 2024.

REPORT
In this capacity, you will report to the Branch Manager or designate who will direct
and oversee your duties.

DUTIES & RESPONSIBILITIES

Your duties and responsibilities include but are not limited to providing professional
teller services to customers by prompt acknowledgement of the customer,
maintaining a friendly and courteous demeanour, ensuring customer satisfaction on
transaction requests and presents a professional image at all times.

A job description will be provided on commencement of your employment that will

further detail the objectives/responsibilities of your role.

WORKING HOURS
The business operates from Mondays through to Saturdays. Normal working hours are
between 7:45 am to 4:30 p.m. The nature of your position may require you to work in
excess of these hours. Under LASCO’s policies, no overtime compensation will be
paid for any additional hours unless pre-authorized. You may be required to work on
Saturdays in which case a day off will be granted. In addition, annually the company
conducts its mandatory AML/CFT Compliance Training which is held on Sundays. As
an employee of LFSL you are required to attend this mandatory training in which case
you will be compensated.

PLACE OF WORK
You are primarily assigned to work at 38 ½ Red Hills Road Kingston; however, you
may be required to operate from any branch designated by your manager in order to
carry out the proper performance and exercise of your duties. Your duties may
Directors: require you to travel between branches on the business of the Company as
• James E.D. Rawle, CD (Chairman) determined from time to time.
• Jacinth Hall-Tracey (Managing)
• Dr. Eileen Chin
• Compton Rodney
• Vincent Chen
• Colin Maxwell
• David Andrade
• Bevan Callam
 Venessa Jackson
March 18, 2024

PROBATIONARY PERIOD
You will be required to serve a probationary period of three (3) months. During
this time, your first performance assessment will be done at three (3) months. If
you meet the standards required by the organization, a letter of confirmation will
be given to you at the end of the three (3) months period. If performance is not
satisfactory, you may (mgt. decision) receive an extended trial up to a maximum of
six (6) months. After final assessment, a decision will be taken whether to confirm
you or terminate your employment with us.

TERMINATION
In the first ninety (90) days of probation your employment may be terminated by
either party without notice or payment in lieu of notice by either party to the other.
Thereafter, if the company considers termination, we will be required to give
notice of two (2) weeks, or two (2) weeks salary payment in lieu of notice to you.
If you consider termination, you will be required to give notice of two (2) weeks,
or two (2) weeks salary payment in lieu of notice to the company. Any breaches of
this arrangement will warrant payment in lieu of notice by either party to the other.

Your contract shall be terminated without notice or payment in lieu of notice if at

any time during the engagement:
a) You commit any serious misconduct or any serious breach or non-
observance of the contract.
b) You willfully neglect or refuse to carry out the duties assigned to you.
c) You are convicted of any criminal offence, which in the opinion of the
Company brings your position into dispute or impacts negatively on the
Company:
d) You contravene any Regulations in the Financial Services industry which
would render you subject to summary dismissal.
e) You are deemed medically unable to perform your duties because of mental
incapacity.

The Company manual further details any other criteria that may result in
termination.

REMUNERATION
Your compensation package will be as follows:
Basic Salary $1,320,000.00 per annum (taxable)
Lunch Allowance $ 260,000.00 per annum (taxable)

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 Venessa Jackson
March 18, 2024

TERMS
The laws of Jamaica govern the terms and conditions of employment. This
employment contract is governed by the policies and procedures of LASCO
Financial Services Limited. These policies may change from time-to-time and you
will be advised accordingly, by Management. You are expected to always respect
and uphold such policies and guidelines. A copy of the company manual will be
presented to you on commencement. You will be required to thoroughly read
through and sign the attestation page confirming that you will conform to the stated
guidelines.

DRESS CODE
The company always requires professional attire and expects that you will adorn
yourself likewise and comply with the dress code outlined in our company policy
document presented to you on commencement. Uniforms are usually offered in 18-
to-24-month cycles and as such will be issued when the cycle is due. This decision
may be amended based on the company’s ability to afford same.

CONFIDENTIALITY
Information about the company or matters affecting the company is confidential
and should not be discussed with any person(s) inside or outside of the company.
You are required to sign a Declaration of Secrecy Non-disclosure agreement.

BACKGROUND CHECK
All employees will be subjected to a detailed security investigation and is required
to sign a background check authorization form to commission these investigations.
Should there be any adverse findings, the company reserves the right to sever all
connections with the affected party immediately.

RESTRICTIVE COVENANTS
By signing this agreement, you are hereby making a declaration that you are free of
any non-compete clause arising from your previous employment arrangements and
can unquestionably perform the duties set out without prejudice or fear of legal
ramifications. Failure to make any necessary disclosure will not cause the company
to be liable in any competing situations.

ATTENDANCE
Your attendance record is based on the signing of an onsite Attendance Register
daily or when remoting accessing the network and remaining available virtually
during the workday. Failure to do so, for whatever reason, should be reported to
your Department Head in order to avoid confusion as to the amount of leave due to
you and performance demerits.

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 Venessa Jackson
March 18, 2024

VACATION LEAVE
Vacation leave is given as follows for all job categories below senior management:
- 2 weeks Vacation Leave after 1 year’s service
- 3 weeks Vacation Leave after 5 years’ service
- 4 weeks Vacation Leave after 10 years’ service

Two (2) weeks’ leave per annum is given in case of illness. Further sick leave can
be considered by the company depending on special or extenuating circumstances.

PENSION SCHEME
It is mandatory to participate in the Company’s Pension Scheme, after you have
satisfactorily completed your probationary period. Under the rules of the
Company’s Pension Plan, each employee must contribute a minimum of 5% of
their gross salary to the Plan, which will be matched by a non-refundable 5% from
the company. You also have the option to contribute an additional 1 -10% from
your gross salary. This portion, however, is not matched by the company as it is an
optional contribution.

MEDICAL SCHEME
The company offers a medical scheme and this is made available to all employees
after satisfactorily completing the required probationary period. Should you wish
to add your dependents to the Scheme then the difference in cost between the
single plan and the family plan must be borne by you.

GROUP LIFE INSURANCE

You will be covered by the company’s Group Life Insurance (through Sagicor Life
Jamaica Limited) after satisfactorily completing the required probationary period.
Group Life coverage that is three times your annual salary and all premiums, are
paid by the company. Please note that this arrangement may change based on
Management’s decision and the profitability of the company.

PERSONAL ACCIDENT INSURANCE

You will be covered by our Personal Accident Insurance (through Sagicor Life
Jamaica Limited) immediately. Personal Accident coverage is three (3) times your
annual salary and all premiums are paid by the company.

DOCUMENTATION required – please note that you are required to provide

the company with the following:
1. P45 from previous employer) by the 10th of the month)
2. National Insurance Reference Number (NIS)
3. 3 Passport sized Photographs
4. Tax Registration Number (TRN)
5. Proof of address
6. Birth Certificate
7. Educational & professional qualifications
8. Emergency contact details
9. Bank Account number for payroll purposes
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 Venessa Jackson
March 18, 2024

10. 2 written references

We trust that you will find these terms and conditions acceptable and in
confirmation, we will appreciate you signing and returning a copy of same to the
Human Resource Department.We look forward to a mutually beneficial working
relationship.

Yours faithfully,
LASCO FINANCIAL SERVICES LIMITED

------------------------------------ ------------------------------------
Norris Clarke (Mr.) Nordel Leach-Murphy (Mrs.)
Chief Financial Officer Human Resource Manager

======================================================
I have read, understood, and accept the terms and conditions of this
Employment Contract.

Signature: ------------------------------------- Date: ---------------------------

Venessa Jackson

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LASCO FINANCIAL SERVICES LIMITED - Employee Data Sharing Consent Form

Purpose of the Form:

LASCO Financial Services Limited (LFSL) respects your privacy and as a company we are committed to
ensuring that all data collected and retained, is secured, and solely used for the purpose for which it is
intended. Accordingly, we request your consent for collecting and processing your data in accordance
with the Data Protection Act, 2020.

Data Protection Compliance:

The Data Protection Act, 2020, is meant to protect the privacy and integrity of data held on individuals
by businesses and other organizations. LFSL adheres to the Data Protection Act, 2020, to ensure that
your personal data is handled responsibly and securely.

Details of Data Sharing:

Data to be shared: Name, DOB, TRN, NIS, qualifications, signature, photograph, employment details,
etc.

Recipients:
• Human Resource Personnels for the purpose of records management.
• Company Auditors for the purpose of ensuring compliance with our regulators,
• Sagicor Jamaica and CGM Gallagher Insurance Brokers for the purpose of obtaining life, health,
personal accident, pension and filing claims,
• Payroll/Accounts for the purpose of salary and benefit payments,
• IT for the purpose of user access set-up
• Wholesale Photos for the purpose of obtaining a company ID.
• Premier Loss Adjustors for the purpose of background checks

Duration: The duration of this consent will be for the tenure of employment with LASCO Financial
Services Limited or until the consent is withdrawn by you.

Consent
We request your consent for collecting and processing your data in accordance with the requirements
of the DPA, 2020 and any policy governing LFSL.

By signing to the abovementioned:

- I understand that my consent is voluntary and that the decision to not give consent will make
me ineligible to access some benefits and related services from the company.
- I have read and understood the terms of this consent form.
- I am aware that I can withdraw my consent at any time without any negative consequences to
my employment status.
 Venessa Jackson
March 18, 2024

By signing this consent form I _____________________________________ hereby give my consent to

LASCO Financial Services Limited to process personal data in accordance with the Data Protection Act,
2020. I understand that the company will process my personal data as outlined above with the listed
stakeholders for the purpose of obtaining benefits, compensation and other company related
services. I understand that this consent is voluntary and that I have the right to withdraw it at any
time.

_____________________________ __________________________ _____________

Name of Employee Signature of Employee Date

_____________________________ __________________________ _____________

Name of Witness Signature of Witness Date