Professional Documents
Culture Documents
Dear Sakthivel C
Congratulations! We take immense pleasure in offering you a position as Product Advisor at Channelplay
Limited.
We welcome you to be part of this close knit family. You are joining a group of colleagues who are
smart, passionate about what they do, and have impeccable integrity. We are all in this together to
learn, to perform, and to grow; both as individuals and professionals. Over time, as you prove that
you share the above values with us, we assure you a phenomenally rewarding career.
We hope your decision to work with us is just the beginning of a wonderful mutually enriching
experience.
The details of your employment are as follows.
Full Name
Employee Code
Designation
City
Grade/Band
Type of Employment
Term of Employment
Fixed Annual Cost to Company
Annual Performance Linked Variable Pay (Max)
Notice Period
Probation Period
Other Perks
Sakthivel C
224327
Product Advisor
Chennai
Senior Executive/Band - 1
Contractual
05-09-2016 to 30-06-2017
275478
68870
15 days
0 months
Expense reimbursements as per policy - Microsoft
Product Advisor Policy
Life, Disability & Medical Insurance
344348
Please refer to the following pages for important details about your employment. It is mandatory
that you read them and acknowledge your acceptance below for this offer of employment to be
considered valid.
Annexure 1: Details of Fixed Annual Cost to Company
Annexure 2: Terms & Conditions of Employment
Once again, congratulations! We look forward to you building an awesome career with us.
Sincerely,
Authorised Signatory
Channelplay Limited
Signed: Sakthivel C
Date: 5/9/2016
Monthly
Annual
9183
4592
1600
1250
0
0
4340
765
110196
55104
19200
15000
0
0
52080
9180
1102
0
125
13224
0
1500
1102
0
0
21730
22957
20628
5739
28696
13224
0
0
260760
275484
247536
68870
344354
Emoluments
Basic Pay
House Rent Allowance
Conveyance Allowance
Medical Allowance
Mobile Allowance
Internet Allowance
Special Allowance
Bonus
Company Contributions
Provident Fund
Employee State Insurance
Govt Operational Charges
Employee Deductions
Provident Fund
Employee State Insurance
Medical & Life Insurance
Gross Pay (A+B+C+D+E+F+G+H)
Fixed CTC (4+I+J+K)
Net Take Home (4-L-M-N)
Variable
TCTC (5+7)
Sincerely,
Authorised Signatory
Channelplay Limited
Signed: Sakthivel C
Date: 5/9/2016
1.
Scope of Work
During the term of this employment, you shall work in the best Interest of the Company.
Your work description and responsibilities include, but are not limited to the following:1.1. You will promote sale of products/ services for the project assigned to you
1.2. You will diligently take part/ impart training for boosting sale and promotion of the
product or services
1.3. You will make sincere efforts to achieve the sales target set by your program
coordinator
1.4. You will at all times during the term of this employment letter attend your work with
full punctuality and will not absent yourself from your work for more than 7 (seven)
days without sanction from your coordinator/ supervisor. In case you absent yourself
from work for a continuous period of 7 days without intimating/ giving a satisfactory
answer in written for such delay, it shall be presumed that you are no more interested
in this employment, and have left on your own accord and your employment with the
Company shall stand terminated with immediate effect
1.5. You will not engage into any kind of freelancing, part time or fulltime employment
from any other entity during the period of this employment
1.6. You will refrain and will not go on any strike or collective absenteeism. In case you
are found indulged in such activity, the Company may take disciplinary action
against you.
1.7. This employment is done on the basis of the information given by you. In case at any
time during the term of this employment, any information given by you is found
incorrect or false, this employment shall stand terminated with immediate effect
1.8. In case of change of address during the course of this employment, you will intimate
the same to your coordinator in writing within 3 working days along with the
address proof for the new address
2. Compensation
During the tenure of your employment, the Company shall pay you a monthly emolument as
described in Annexure-1. Your Compensation package will be revised annually based on your
Performance Review. The Compensation package is strictly confidential. Any
deviation/disclosure of the same would result in the company taking serious disciplinary action
against you.
The emolument payable to you during this employment shall be made on back to back basis i.e. the
Company will be liable to make the payment to you only after receipt of payment against its bills
from the respective client. In case of non-receipt of payment from the client Company does not
assume any liability to make the payment to you under this appointment letter. However, the
company would safeguard the interest of the project employee under this contract by initiating
appropriate proceedings against the Client in case of non-receipt of funds.
3.
Tax Liability
You shall be liable to Tax Deduction at Source as may be applicable from time to time. Tax will
be deducted from your emolument as per prevailing rules of Government of India.
4. Nature of Employment
The nature of your employment with the Company under this letter is on contractual basis for
project with the client and such employment shall stand terminated ipso-facto on the date of
conclusion/ termination of the said Project. Your employment herein is project to project base
and cant be treated as permanent employment with the Company.
6. Confidentiality
You shall not at any time or in any manner, either directly or indirectly, divulge, disclose or
communicate to any person, firm, corporation, or other entity in any manner whatsoever any
information concerning any matters affecting or relating to the business of employer, including
but not limited to any of its customers, the prices it obtains or has obtained from the sale of,
or at which it sells or has sold, its products, or any other information concerning the business
of employer, its manner of operation, its contractors for procurement of its product, its plans,
processes, employee details, sales figures, profit margin, website functioning, development
tools, software know-how, government authority proceedings, or other data without regard to
whether all of the above-stated matters will be deemed confidential, material, or important,
employer and employee specifically and expressly stipulating that as between them, such
matters are important, material, and confidential and gravely affect the effective and
successful conduct of the business of employer, and employers good will, and that any breach
of the terms of this section shall be a material
breach of this Agreement. You will also not disclose any knowledge, information, trade secrets,
strategies, business plans, and business models gained or accessed during the tenure of his/her
7. Termination/ Resignation
During the term of this employment letter, either party shall have the right to terminate/ resign
by serving a written notice period as defined in the Appointment letter on the other Party or
by paying emolument equivalent to the notice period, subject to any other arrangement agreed
between you and the Company. The Company does not allow the use of Earned or Casual
Leaves, if any, against the notice period. Any incentive or Bonus or compensation/emolument
will be forfeited in case notice period has not been served, in full, or use of Earned or Casual
Leaves, if any, against the notice period. Incomplete process compliance to the same has a likely
negative business consequence, and adversely impacts internal planning, opportunity cost and
on many occasions affects customer deliveries and business image. In such situations company
reserves the right to initiate strictest disciplinary/ legal action against you as deemed fit.
8. Liability
The employment herein is co-terminus with the termination of the project or the agreement of
the Company with the client and in case of event of termination or early expiry of such
agreement/ project this employment shall also stand terminated with the completion or
conclusion of agreement/project and in such case the Company will settle all liabilities, towards
compensation, emoluments, incentives, claims, statutory dues etc. and other claims arising out
of this employment till the date of project completion/ termination of agreement with the
Client. The Company shall have the right to immediately terminate your employment without
liability for compensation/emolument or damages if, at any time you are found to be in breach
of any of the terms and conditions, as mentioned in this employment letter. In the event you
disclose any information, data, trade secrets which are not to be disclosed as mentioned in
confidentiality clause 08 of this appointment letter, then you shall be liable to pay any damages
as claimed by the Employer or any Third Party on and upon Employer relating to disclosure
from you.
9. Discharge of Duties and obligations upon Termination / Resignation
That you shall at the time of termination/ resignation from the Company hand over all the
assets of the Company in good shape and condition to the authorized person of the
Company and obtain clearance certificate for the same. You shall hand over all the documents
and assets of the Company in good condition and shape which were given to you for your
personal use. Failure to return the Company property as per this clause will be considered and
attempt to usurp the Company property and shall be deemed as a criminal action committed
against the Company. Post termination/resignation, you shall not, at any time, represent
yourself as being interested in, or employed by, or in any way connected with the Company
and its Associated Companies, or any of them, or the business of all or any of them. You agree
that the Company will clear y o u r accounts including the Full and Final Settlement only after
all Company formalities and policies are adhered to. If you were given any money or equipment,
you agree to clear the same within two days of resignation / termination, failing which said
amount or value shall be adjusted with the dues towards you and recovery of any amount, if
remaining, by way of legal action.
I have read and understood all the terms & conditions mentioned herein and accepts the same
with sound mind.
Signed
Name.
Date