WHEREAS the said ________________________________________________________(Name of Employee) has been

appointed as ________________________________________(Designation) in the office of Ion Exchange (I) Ltd. On the

_______(date) day of __________________(month)20 ___________(year) and

WHEREAS the said Ion Exchange (I) Ltd has called upon _______________________________________(Name of

Employee) to execute a bond in favor of the said Ion Exchange (I) Ltd for the faithful service

by________________________________________________(Name of Employee) such sales personnel as afore said and

WHEREAS the said _____________________________________(Name of Employee)has entered into the above written

bond in the penal sum of Rs. 50,000/- conditioned for the due performance of this duties by

________________________(Name of Employee) and for indemnity of the said ION EXCHANGE (I) LTD against loss

from the acts, defaults, negligence, misconduct, embezzlement of

NOW THE CONDITION of the above written bond is that __________________________________(Name ofEmployee)

whilst in the service of the said Ion Exchange (I) Ltd, shall duly perform, discharge and fulfill the Duties assigned to him

without causing loss or damage by reason of any act, default, negligence, error in Judgment, embezzlement, breach of

duty and mismanagement and ________________________________________________________(Name of Employee)

shall indemnify and keep indemnified the said Ion Exchange(I) Limited and their successors and assigns shall losses

damages, cost, charges and expenses which the said Company or their successors all assigns shall or may sustain by

reason of loss or damage, financial and or / Otherwise to the equipment, gadgets, invoices, demo kit issued to me by the

company or any act, default, Misconduct, negligence, error in judgment, breach of duty, embezzlement and

mismanagement on the part of The said employee then and in such event above written bond shall become void and

cancelled and be of no Effect, otherwise the same shall remain in full force and effect.
The undertaking called __________________________________________(Date/Month/Year) of mine has been
additionally guaranteed by my father (guarantor)_________________________________________________(Father’s
Name)Age_______(Father’s Age) residing at ______________________________________________(Permanent
address).

My guarantor out of his freewill has singed this undertaking along with me to compensate as above in case of my failure
to fulfill the tears of this undertaking.

The guarantor as well as the witness signs this undertaking along with me.

Signed, sealed and delivered by the above mentioned on this_____________________________(Date) Day

of__________________________(Month)20___________________________(year) in the presence of witnesses.

Name& Signature of Employee :______________________________________________________________________

Name& Signature of the Guarantor :______________________________________________________________________

Address of Guarantor :______________________________________________________________________

_______________________________________________________________________

_______________________________________________________________________

Contact Number of Guarantor :______________________________________________________________________

Name & signature of the witness (1) :______________________________________________________________________

Address of witness (1) :______________________________________________________________________

:______________________________________________________________________

:______________________________________________________________________

Contact Number of witness (1) :______________________________________________________________________

Name &signature of the witness (2) :______________________________________________________________________

Address of witness (2) :______________________________________________________________________

:______________________________________________________________________

:______________________________________________________________________

Contact Number of witness (2) :______________________________________________________________________