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The term Party to the First Part and Second Part or Parties wherever occurs shall include its heirs, successors, assignors, legal representatives, executors or administrators wherever the context so admits.

This Contract is entered by the Parties subsequent to the issue of appointment letter or execution of the employment contract dated the 1^st Day of January, 2016.

WHEREAS, the Company desires to employ the Party to the First Part and the said Party desires to be employed/appointed by the Company in employment for the post of Designation & Department

Employee Service Conditions:  Following are the terms and conditions associated with your employment:

“Company” or “{SHORT COMPANY NAME}” for all purposes shall mean {FULL COMPANY NAME}

“You” or “Candidate” for all purposes shall mean Mr./Ms. ………………………………….

1.       Remuneration:

Your monthly gross salary will be Rs. .................. (Rupees ........................................ only). The allowances, incentives and other benefits of your employment will be as per Company policies as applicable from time to time and based on performance, as may be mutually decided by the Company and the Candidate.