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Offer Letter

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0% found this document useful (0 votes)
32 views4 pages

Offer Letter

Uploaded by

basavareddy9797
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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`

March 05, 2019

Offer Letter
To
Mr. Potlapati Mahesh Reddy,
1-15,
OC Colony,
Garudachedu,
A.P. – 515871.

Dear Potlapati Mahesh Reddy,

With reference to your application and subsequent interview with us, further to our
Discussions, we are pleased to offer you the position of “Software Engineer” in our
organization.

Your employment with Stratiwide Solutions Pvt. Ltd., will commence from March 13, 2019.

Your starting annual remuneration will be Rs. 3,20,000/- per annum.

You are requested to report at our office situated before 10.00 AM.

You are requested to return the duplicate copy of this offer and confirm your acceptance.

Carry the below documents:


1. Copies of Educational/Technical Courses
2. Copy of PAN Card
3. Copy of Passport
4. 2 Passport sized photographs
5. Last 3 months pay slip (if applicable)
6. Resignation copy and relieving letter (if applicable)
Your appointment is subject to being able to provide the above mentioned documents and
Subsequent back ground verification.

PARTICULARS MONTHLY GROSS ANNUAL GROSS


Basic Salary 12309 147708
Medical Allowance 1250 15000
Special Allowance 2954 35448
City Compensation Allowance 2399 28788
House Rent Allowance 6155 73860
Conveyance 1600 19200
Cost To Company 26667 320004
`

Note: CTC includes all allowances and statutory components. The salary is subjected to Income
Tax deduction (if applicable) as per the regulation of the Government of India.

Your salary is strictly confidential. The salary slip would be sent to your email ID provided in the
resume submitted to us at the time of joining.

Salary is inclusive of all statutory payments and the same would be credited your account
(Account Number to be intimated by you) in the form of amount transfer or cheque payment as
the case may be.

TERMS AND CONDITIONS OF EMPLOYMENT

1. Duties and Responsibilities: This is an executive position involving continuous


responsibility and does not entitle you to any compensation for overtime. The work
environment requires flexibility and you will need to undertake additional related duties from
time to time, which may include local as well as overseas travel. The Employer reserves the
right to transfer you within its offices in India or abroad. The Employer may also transfer you
from one department / unit to another (either existing or to be set up in future) or to a group
entity of the Employer, at the Employer’s sole discretion. Any such transfer shall be on the same
terms and conditions as are specified herein. The Employer also reserves its right to depute you
in any other company or entity, for providing the required services that may be decided
between the Employer and the Company. During the course of such deputation you will carry
out all reasonable and lawful instructions given either verbally, in writing or through any
electronic medium by the authority to whom you report to in the in the Company

2. Responsibility on deputation: During the course of your employment, the employer may
depute you to work at their customer or business partner organizations. You shall not under
any circumstance or at any point in time claim or demand to be on the rolls of the company
where you are deployed, as an employee of that company or claim any benefits of employment
from that company. Any benefit or emolument that you may receive during your period of
deputation in a company for providing services, shall not be construed to imply a employer-
employee relationship between such company and you.

3. Conduct and Discipline: You agree to devote your full business time, attention, skill, and
effort exclusively to the performance of the duties that the Employer may assign to you from
time to time. You may not engage in any business activities or render any services of a business,
commercial, or professional nature, directly or indirectly, whether or not for compensation, for
the benefit of anyone other than the Employer, unless the Employer has given its consent in
writing in advance. During your employment, you agree not to undertake any activity, which
creates, or could create, an actual or perceived conflict of interest with your employment, or
which in any way compromises your duty of loyalty to the Employer. You may not enter into any
pecuniary obligations that would render you financially embarrassed. You will be expected to
disclose certain financial transactions and agree to abide by the Employer’s policies and
procedures related to conflicts of interest, ethics and insider dealings.
`

4. Termination: Both you and the Employer will have an option of terminating the
employment. This option may be exercised at any time by either party by providing the other
party with thirty day’s written notice. The employer has an option of paying thirty day’s
remuneration (including all allowances) in lieu of such notice. Your employment may, however,
be terminated forthwith without notice or payment in lieu of notice should you be found guilty
of any breach or neglect of any of the terms of this letter, or of any of the duties expressed or
implied in this letter or any duties which may from time to time be assigned to you by the
Employer. Termination could also happen if back ground verification is not clear. Any
termination or resignation happening within a year of joining the organization would lead to a
deduction of back ground verification charges incurred which is done by a Third Party vendor.

Upon the termination of your employment for whatever reason, you shall immediately deliver
to the Employer all records, documents, plans, letters, papers, computer files and other
materials of every description (including all materials made or compiled by you, as well as to all
materials furnished to you by anyone else in connection with your employment and all copies of
or extracts of any such materials) within your possession or control relating to the affairs and
business of the Employer.

5. Representations and Warranties:

You represent and warrant to the Employer that:

1. You are free to enter into employment with the Employer without violation of any third
party rights and that your employment with Employer will not result in a violation of
any agreement or restrictive condition you may have with any third party including any
former employer
2. You are not a party to any arrangement or agreement which will compromise your
ability to carry out your duties for Employer.
3. All information provided by you to the Employer, including information set forth in your
résumé, information provided during the interview process and information in any
employment application, is truthful and accurate.
4. You will not disclose to the Employer, or induce the Employer to use, any confidential or
proprietary information or materials belonging to any third party, including any
previous employers.

6. Confidentiality: In the course of your work for the Employer, you are likely to become aware
of information which is commercially sensitive or valuable to the Employer (and/or its group
entities) concerning its organization, marketing, finance or other affairs
`

You are precluded from:

Revealing any such information, directly or indirectly to anyone without express written
authority of the Employer.

Using or attempting to use such information in any manner which may injure or cause loss
either directly or indirectly to the Employer (and/or its Group Entities) or any of its / their
business (es). You also agree to keep confidential all matters pertaining to your salary, increases
in salary, any bonuses, stock options you may be granted, etc. The obligation to keep
information confidential continues even after termination of employment.

Other conditions of your engagement will be based on the rules in force and as modified from
time to time.

Yours Sincerely,
For Stratiwide Solutions Private Limited,

Roop Kumar
Manager-Human Resources

Name: Signature:

Place: Date:

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