Employment Contract

Employment Contract
This contract, dated on the 25 day of july in the year 2020, is made between TATA STEEL and
Mr.A of Maharashtra. This document constitutes an employment agreement between these
two parties and is governed by the laws of Maharashtra.
WHEREAS the Employer desires to retain the services of the Employee, and the Employee
desires to render such services, these terms and conditions are set forth.
IN CONSIDERATION of this mutual understanding, the parties agree to the following terms and
conditions:
1. Employment
The Employee agrees that he or she will faithfully and to the best of their ability carry out the
duties and responsibilities communicated to them by the Employer. The Employee shall comply
with all company policies, rules and procedures at all times.
2. Position
As a sales manager it is the duty of the Employee to perform all essential job functions and
duties. From time to time, the Employer may also add other duties within the reasonable scope
of the Employee’s work.
3. Compensation
As compensation for the services provided, the Employee shall be paid a wage of RS.100000
[per annum] and will be subject to a(n) [quarterly/annual] performance review. All payments
shall be subject to mandatory employment deductions (State & Federal Taxes, Social Security,
Medicare).
4. Benefits
The Employee has the right to participate in any benefits plans offered by the Employer. The
employer currently offers Dearness allowance, traveling allowance,bonus. Access to these
benefits will only be possible after the probationary period has passed.
5. Probationary Period
It is understood that the first one year of employment constitutes a probationary period. During
this time, the Employee is not eligible for paid time off or other benefits. During this time, the
Employer also exercises the right to terminate employment at any time without advanced
notice.
6. Paid Time Off

Following the probationary period, the Employee shall be eligible for the following paid time
off:
 1 week time for vacation
This employment contract created by Betterteam.

 30days of time for sick/personal days
 Bereavement leave may be granted if necessary.
The employer reserves the right to modify any paid time off policies.
7. Termination
It is the intention of both parties to form a long and mutually profitable relationship. However,
this relationship may be terminated by either party at any time provided 2months written
notice is delivered to the other party.
The Employee agrees to return any Employer property upon termination.
8. Non-Competition and Confidentiality

As an Employee, you will have access to confidential information that is the property of the
Employer. You are not permitted to disclose this information outside of the Company.
During your time of Employment with the Employer, you may not engage in any work for
another Employer that is related to or in competition with the Company. You will fully disclose
to your Employer any other Employment relationships that you have and you will be permitted
to seek other employment provided that (a.) it does not detract from your ability to fulfill your
duties, and (b.) you are not assisting another organization in competing with the employer.
It is further acknowledged that upon termination of your employment, you will not solicit
business from any of the Employer’s clients for a period of at least 3 months
9. Entirety
This contract represents the entire agreement between the two parties and supersedes any
previous written or oral agreement. This agreement may be modified at any time, provided the
written consent of both the Employer and the Employee.
10. Legal Authorization

The Employee agree that he or she is fully authorized to work in India and can provide proof of
this with legal documentation. This documentation will be obtained by the Employer for legal
records.
11. Severability
The parties agree that if any portion of this contract is found to be void or unenforceable, it
shall be struck from the record and the remaining provisions will retain their full force and
effect.
12. Jurisdiction
This contract shall be governed, interpreted, and construed in accordance with the laws of
Maharashtra.

In witness and agreement whereof, the Employer has executed this contract with due
process through the authorization of official company agents and with the consent of the
Employee, given here in writing.
___________________________________ ___________________________
Employee Signature Date
___________________________________ ___________________________
Company Official Signature Date

Employment Contract

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Employment Contract

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Employment Contract

6. Paid Time Off

This employment contract created by Betterteam.

The Employee agrees to return any Employer property upon termination.

8. Non-Competition and Confidentiality

10. Legal Authorization

This employment contract created by Betterteam.

This employment contract created by Betterteam.

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