Employment Agreement (Anisha)
Employment Agreement (Anisha)
Company and the Employee are each referred to herein as “Party” and
collectively as “Parties”.
WeSecureApp is a new age cyber security company with its headquarters in Texas, USA and
offshore centers in Hyderabad and Mumbai, India. Having started the journey as an App
security company, we have moved up the value chain of being addressed as one of the most
promising Enterprise Security Companies in the last five years.
WHEREAS
1. DEFENITION
a. “Lock-In” means the period before the expiry of which an employee
cannot terminate his employment. If the employee leaves the Employer
before the expiry of the lock-in period, he is liable to pay damage to the
Employer.
b. “Probation Period” means the trial period that you serve as a new
employee in an organization.
c. “WFH” means Work from home in which employees work from home by
using a dedicated laptop/pc connected to the internet and business
application to collaborate and communicate with their team members.
2. TERM
a. The Present agreement shall come into force on the Effective Date
hereof and shall be in force
(I) For Interns: 2 years lock-in and 3 months Probationary period
after full employment.
(II) For Experience- 1-year lock-in period and 3 months probation
period.
3. SCOPE
a. The scope of the present agreement is that the Employer hereby employs
the Employee and the Employee hereby accepts employment with the
Employer. Employee shall perform a task which is assigned by the
Employer
Employee by the Employer & comply with all such directions as the
Officers of the Employer and/or his/her nominated deputies may from
5. COMPENSATION
a. The Employee shall be paid the salary of ____________
b. The amount of salary/remuneration shall be paid by the employer on
the 1st week of every month.
c. The employer shall pay the remuneration after calculating the
remuneration based on experience and depending on the market
standard
d. Employer shall Pay the bonus to the employee every quarter.
e. Employer shall give Incentives, and gift coupons to Employee, but it shall
be based on the employee's work performance.
f. Employer shall review the work of Employee on a quarterly basis.
g. The salary shall be paid in a bank account.
6. EXPENSES
a. The Employer may pay or refund or procure to paid or refund to
Employee _________ in arrears all reasonable expenses necessarily
incurred by the Employee wholly in the proper performance of the
Employee’s duties, subject to production by an employee of such
evidence of the Expenses as the employer may reasonably require. The
employee can claim the expenses by filling expenses claim form.
7. WORKING PLACE
a. Employee in present shall perform the work from Home (WFH).
b. The timings of work shall be 9 hours. However, the Employee might be
asked to work for longer as shall be required as per the requirements
of the project.
8. LEAVES AND HOLIDAYS
a. The Employee shall be eligible for paid leaves and holidays from DOJ
9. PROFESSIONAL CONDUCT
a. The Employee shall at all times conduct itself in a professional manner
and shall comply with all rules and regulations laid down by the
Employer. It should also refrain from any conduct or activity that
would tend to disparage the Employee.
ethics.
b. The Employee shall not work for third Parties even during
his leaves.
addition, the Employee shall not, for his own use, keep
responsibilities.
14. CONFIDENTIALITY
that, the restraints set forth in this agreement are necessary for
it for the
Employer as confidential.
employee.
16. NON-SOLICITATION
Hyderabad Courts.
arbitration in _______________.
competent court.
19. NON-COMPETITION
The Employee covenants and agrees that during the term of this
agreement with the Company and for a period of ______ year after
Competitive
20. INDEMNIFICATION
each of them harmless, from and against any and all claims,
21. WAIVER
parties.
22. SEVERABILITY
24. ASSIGNMENT
a. The Employee shall have no right to (a) assign this
25.MODIFICATION
parties.
26. DECLARATION