(As per the Indian Contract Act, 1872)
This Employment Agreement is made and entered into on this [Date], at [Place], by and between:
(The Employer and Employee shall be collectively referred to as “Parties” and individually as “Party”).
The Employer hereby appoints the Employee as [Job Title] in the company, and the Employee accepts the appointment under the terms and conditions specified in this Agreement.
2.1 The employment shall commence on [Start Date].
2.2 The Employee shall be on probation for a period of [Duration] Months. Upon successful completion, the employment shall continue unless terminated as per this Agreement.
3.1 The Employee shall perform the duties and responsibilities as assigned by the Employer from time to time.
3.2 The Employee shall comply with all company policies, rules, and regulations.
3.3 The Employee shall maintain professionalism and confidentiality in all matters related to the Employer’s business.
4.1 Salary: The Employee shall be paid a salary of ₹[Amount] per [Month/Year], subject to applicable deductions.
4.2 Bonuses & Incentives: Any performance-based incentives, if applicable, shall be determined by the Employer.
4.3 Other Benefits: The Employee shall be entitled to [Medical Insurance, PF, Gratuity, etc.] as per company policy.
5.1 The Employee shall work from [Working Hours, e.g., 9:00 AM to 6:00 PM, Monday to Friday], subject to changes per business needs.
5.2 The Employee is entitled to [Number] Days of Paid Leave per year, as per company policy.
5.3 Any absence without prior approval may result in disciplinary action.
6.1 The Employee shall not disclose or misuse any confidential information related to the Employer’s business.
6.2 The Employee agrees to return any company property upon termination of employment.
7.1 The employment may be terminated by:
8.1 The Employee agrees not to work for or establish a competing business for a period of [Duration] Months after leaving the company.
8.2 The Employee shall not solicit the company’s clients, employees, or business partners during or after employment.
9.1 Any disputes arising under this contract shall first be attempted to be resolved through mutual discussion.
9.2 If unresolved, disputes shall be referred to arbitration under the Arbitration and Conciliation Act, 1996, and the courts of [Jurisdiction/City] shall have exclusive jurisdiction.
9.3 This contract shall be governed by the Indian Contract Act, 1872 and other applicable laws of India.
10.1 Entire Agreement: This Agreement represents the entire agreement between the parties.
10.2 Amendments: Any changes to this Agreement must be in writing and signed by both parties.
10.3 Severability: If any clause is found invalid, the remaining clauses shall still be enforceable.
The parties have read, understood, and agreed to the terms and conditions set forth in this Agreement and have signed below:
For Employer
Signature: _______________
Name: ___________________
Designation: _____________
Date: _______________
For Employee
Signature: _______________
Name: ___________________
Designation: _____________
Date: _______________
This Employment Contract ensures legal compliance, clarity, and protection of both Employer and Employee interests. Let me know if you need modifications based on a specific job role or industry!
