+919026441178, +918448373881
CHANDRA VARAN AEROLOGISTIX info@office@[Link]
PRIVATE LIMITED [Link]
Date: 3th November, 2024
Rohit Yadav
Post Office Ujwa, Dariyapur Khurdh,
South West Delhi, Delhi. 110073.
Offer cum Appointment Letter
Dear Mr. Rohit Yadav
This is with reference to your application and subsequent interview you had with us. We are pleased to offer you
employment as Procurement Executive in our business on the following terms and conditions.
1. PLACE OF POSTING:
Your initial posting will be at Delhi NCR.
However, during employment with the Company, you may be posted at any other location in India or abroad,
without any additional remuneration. Further your services may be transferred to any other Chandra Varan
Aerologistix PVT. LTD.
This offer is subject to your joining us on or before 4th November, 2024.
2. COMPENSATION:
Your compensation on a Cost to Company (CTC) basis will be Rs.1,80,000 /- (Rupees One Lac Eighty Thousand Only)
per annum and will be payable as under.
This offer and appointment letter shall automatically stand withdrawn in case we do not receive your
acknowledgement and acceptance within ten days from issue of this letter.
We wish you a long and successful association with us.
Sincerely yours,
For Chandra Varan Aerologistix Pvt. Ltd.
UTKARSH SHRIVASTAVA
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ACKNOWLEDGEMENT & ACCEPTANCE
I have read and understood all terms and conditions relating to my appointment/ employment and declare
that I hereby unconditionally and irrevocably accept the same.
I shall report for duty on _____________________
SIGNATURE: __________________________ DATE: ____________________________
Fixed Components Monthly Annual
Basic Salary 7500 90000
House Rent Allowance 3750 45000
Special Allowance 3750 45000
Gross Salary (Total) 15000 180000
PF Contribution 0 0
ESI Contribution 0 0
Fixed Salary (Total) 15000 180000
Gratuity Payable 0 0
Bonus Payable 0 0
LTA Payable 0 0
Variable Payable 0 0
Mediclaim Payable 0 0
Grand Total (CTC) 15000 180000
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TERMS AND CONDITIONS OF EMPLOYMENT
1. PROBATION:
You will be initially on probation for a period of One Months, which may be extended or reduced at the sole
discretion of the Management. During the period of probation, the appointment is terminable by giving 30 days'
notice in writing by either side or payment of 30 days Basic salary in lieu thereof. On completion of initial
probation period till such time that you are intimated in writing regarding your confirmation, you shall continue
to be on probation. After confirmation, the employment can end through one month notice or payment of Basic
salary in lieu thereof by either side. You shall attend duties till you are relieved from services in writing. Waiving
the Notice Period on resignation is at the sole discretion of the company.
2. TRANSFER:
Your employment is transferable to any other place/ establishment/ department/ division/ unit/ branch/
subsidiary of the company. However, such transfer will not entail any increase in your salary and / or adversely
affect your emoluments.
3. REPRESENTATIONS AND WARRANTIES:
The Company's agreement to continue to employ you and the compensation and benefits to be paid to you are
in consideration of the terms, covenants, and conditions stated herein, and you represent and warrant to the
company that:
a. You are under no contractual or other restriction or obligation which is inconsistent with the conditions
contained herein, the performance of your duties hereunder, or the other rights of the Company hereunder.
b. You are under no physical or mental disability that would hinder the performance of your duties contained
herein.
c. You shall not raise any issue of the reasonableness of the terms, covenants, and/or conditions in any proceeding
to enforce these terms, covenants and/or conditions.
d. You have full right and authority to execute this contract and that you are not bound by any contract or
arrangement, including any employment contract, bond or covenant not to compete, inconsistent herewith.
e. You hereby agree and undertake to indemnify the Company, its affiliates and the directors, officers and
employees of each of the foregoing and to hold them harmless from and against any and all third party claims
they face, which give rise to any liabilities, damages, claims, costs and expenses (including legal expenses), due
to any act, omission, violation or breach of any of your representations, warranties, and covenants.
f. The Company shall indemnify and defend you to the fullest extent permitted by the law of the State of
Company's incorporation and the By-Laws of the Company with respect to any claims that may be brought
against you arising out of any action taken or not taken in your capacity as an officer or director of the Company;
provided, that, the Company shall not indemnify and defend you with respect to any claims brought against you
relating to intentional or willful acts, or to other acts as to which indemnification is not allowable under
applicable law.
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g. These terms, covenants, and/or conditions shall survive the termination of your employment with the Company;
and conditions set forth herein are essential for the Company's protection; and the Company has relied on these
representations, warranties, and agreements by you.
4. DUTIES AND RESPONSIBILITIES:
a. Exclusivity: You agree to perform your duties, responsibilities and obligations efficiently and to the best
of your ability. You agree that you will devote all of your working time, care and attention and best
efforts to such duties, responsibilities and obligations throughout the term of employment. You also
agree that you will not engage in any other employment or business activities. You agree that all of your
activities as an employee of the Company shall be in conformity with all the policies, rules and
regulations and directions of the Company.
You are required to engage yourself exclusively in the work assigned by the company and shall not take
up any independent or individual assignments (whether the same as part time or full time, in an advisory
capacity or otherwise) directly or indirectly without the express written consent of your Business Unit
Head. You will avoid any such issue which may result in a conflict between your personal interest and the
interest of the company in dealing with suppliers, customers and all other organizations or individuals
doing or seeking to do business with the company.
You shall obey and comply with all the orders and directions given to you by your superior or any other
person duly authorized in that behalf. You shall obey all the rules and regulations, either statutory or
otherwise, which are in vogue and may be notified from time to time.
b. Non-Solicitation: You will not, during the course of your employment or at any time thereafter, without
the prior written consent of the Company, directly or indirectly, solicit for employment, or employ or
otherwise contract for the services of, any person who is employed or engaged (either as an employee or
consultant) by any of its associated companies or directly or indirectly induce any such employee to
leave his or her employment.
This covenant shall survive the termination of your employment with the Company; and prohibits you
from directly or indirectly inducing an employee with whom you have worked with or been in
association with during your employment with the company.
c. Other Interests: You shall not seek membership of any local or public bodies without first obtaining
written permission from the Management.
d. Work hours: Your working hours at your place of posting shall be as per the rules and regulations of the
company, specified from time to time. However, you may be required to work additional hours, as may
be required from time to time, to carry out your duties and responsibilities effectively.
You may be required to work on any day of the year, including festival holidays, in the establishment. You
will be allowed a weekly off in accordance with law on any one of the days in the week, as per the
schedule notified.
You shall be entitled to leave and other benefits as per the rules and regulations of the organization.
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e. Non-disclosure: You shall neither divulge nor give out information to any unauthorized person during
the period of your service or even afterwards by word of mouth or otherwise, particulars or details of
our manufacturing processes, technical know-how, security arrangements, administrative and/or
organizational matters of a confidential/secret nature, which you may know by virtue of your being the
employee of the Company.
f. Confidentiality: You shall keep confidential all the information and material provided to you by the
Company concerning their affairs, in order to enable the Company to perform the service. This also
includes such information as is already known to the public which also you will not release, use or
disclose except with the prior written permission of the Company. Your obligation to keep such
information confidential shall remain even on termination of this employment.
You are also expected to keep your salary package strictly confidential and not to share any information
regarding the salary to anyone except your very close family members.
g. Safe-keeping of Company's property: You will be responsible for the safe keeping and return in good
condition and order of all the properties of the company, which may be in your use, custody, care or
charge. For the loss of any property of the company in your possession, the company will have a right to
assess on its own basis and recover the damages of all such materials from you and to take such other
action as it deems proper in the event of your failure to account for such material or property to its
satisfaction.
h. Return of the Company's Property and records: Upon termination of your employment, you shall
forthwith hand over any letter of Authority or Power of Attorney issued to you or any property / material
of the company in your possession at the time of cessation of your employment with the company. Also,
you shall return to the Company, without condition, all documents, files, records, keys, and other
property of the Company in your possession regardless of the media on which such items are stored, and
you shall not retain any copies or duplicates thereof.
i. Authorizations for activities: You will not enter into any commitments or dealings on behalf of the
Company for which you have no express authority nor alter or be a party to any alteration of any
principle or policy of the Company or exceed the authority or discretion vested in you without the
previous sanction of the Company or those in authority over you.
You will avoid any issue which may result in a conflict between your personal interests and the interests
of the Company in dealing with suppliers, customers and all other organizations or individuals doing or
seeking to do business with the Company.
j. Non-disparagement: You agree that you shall act with the highest standards of propriety and
professionalism and shall not criticize, ridicule or make any statement which disparages or is derogatory
of the Company, any of its Group companies or any other employee or business associate of the
Company or the Group Company in any public or non-public communication with any customer or
member of the investment community or media or in any communication.
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k. Confidential nature of terms of employment: You agree that, except as may be required by
applicable law you shall not disclose the terms of employment to any person other than your close
family members.
l. Enforceability: You acknowledge and agree that any violation of any of your duties and responsibilities
may result in irreparable damage to the Company, and, accordingly, the Company may obtain injunctive
and other equitable relief for any breach or threatened breach of such duties and obligations, in addition
to any other remedies available to the Company. You and the Company agree that the restrictions and
remedies contained hereinabove are reasonable and that it is your intention and the intention of the
Company that such restrictions and remedies shall be enforceable to the fullest extent permissible by
law. If it shall be found by a court of competent jurisdiction that any such restriction or remedy is
unenforceable but would be enforceable if some parts thereof were deleted or the period or area of
application reduced, then such restriction or remedy shall apply with such modification as shall be
necessary to make it enforceable.
5. TERMINATION OF EMPLOYMENT:
a. Employment AT-WILL: You and the Company acknowledge that the employment is and shall continue
to be AT-WILL. This means, that you have the right to terminate your employment at any time and for
any reason. Likewise, the Company may terminate your employment with or without cause at any time
and for any reason. Accordingly, this letter is not to be construed or interpreted as containing any
guarantee of continued employment. As such, the recitation of certain time periods in this letter is solely
for the purpose of defining your compensation. It is also not to be construed or interpreted as containing
any guarantee of any particular level or nature of compensation.
b. Performance: Your appointment and subsequent continuation of employment with the Company is
strictly based on your delivering consistently on the agreed performance parameters and business
targets.
c. Absenteeism: If you absent yourself without leave or remain absent beyond the period of leave
originally granted or subsequently extended, you shall be considered as having voluntarily terminated
your employment without giving any notice unless you:
i. Return to work within 3 days from the commencement of such absence, and
ii. Give an explanation to the satisfaction of the Management regarding such absence.
d. Notice Period: Notwithstanding anything contained herein, the Company, in its sole discretion, may
terminate your employment without cause by giving one month notice in writing or payment of pro rata
one month Basic Salary, in lieu thereof. Likewise, you may resign from employment without cause by
giving one month notice in writing or by payment of pro rata one month Basic Salary, in lieu thereof. In
the event of your resignation, the Company in its sole discretion will have an option to accept the same
and relieve you prior to the completion of the stipulated notice period of 1 months, without any pay in
lieu of the notice period.
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e. Termination for Misconduct: Your services are liable to be terminated without any notice or salary in
lieu thereof for misconduct, without being exhaustive and without prejudice to the general meaning of
the term "misconduct" in the case of reasonable suspicion of misconduct, disloyalty, and commission of
an act involving moral turpitude, any action of indiscipline or inefficiency.
f. Suspension: You may be placed under suspension, without salary, pending enquiry into the charges of
misconduct or otherwise. The salary for the suspension period will be paid to you only when you are
found not guilty of any of the charges for which you were suspended and not otherwise.
g. Harassment: The Establishment considers harassment and discrimination of any nature to be an
unacceptable form of Behavior, which is not tolerated under any circumstances. All people have the right
to work in an environment that is free from harassment and discrimination. Disciplinary action will be
taken against anyone found to be guilty of harassing or discriminating against a fellow employee that
may result in termination of employment.
h. Non-compete: In the event of your separation from the Company for any reason whatsoever, you will
not take up any job or assignment either full time or otherwise, either directly or indirectly, for a period
of three months from the date of separation in any industry or business involved in similar/competing
business of the company or any of its Group Companies.
i. Recovery of Payments: Payments / reimbursements made towards recovery of notice period by your
previous employer and relocation expenses by us will be recovered in full in the event of your separation
from the company before completion of one year of joining.
6. AUTHORIZATION FOR ANTECEDENT VERIFICATION:
You have hereby given no objection in the Company (Or its group Companies and associates) sharing your
personal information and documents, including but not limited to Aadhaar number, other Government issues ID
number such as Voter ID, PAN card, DL, name, gender, date of birth, addresses, mobile number, email, education
record and employment record with any Reference / Antecedent Verification Organization that company has
appointed time being or anytime later for the purpose of background checks and verifications, in order to avail
services such as employment / training / management / payment / credit / insurance / house on rent / vehicle
on rent, etc.
You have hereby authorized the Company or any agency/ agencies appointed by them from time to time to store
your personal information on their platform, which will be accessible to the Company or its service provider for
which this consent is being obtained. The Company or its service provider and their authorized users / partners /
affiliates / contractors can access and update your digital record on such platform, including data, documents,
certificates, verification reports, references, testimonials, etc. and can use related services provided via such
agency. You have understood that agency will ensure security and confidentiality of the same.
You also agree that your digital record including references, testimonials and verification reports on such agency
platform will only be available to any other users of the platform if/when you provide your explicit consent for
the same. You have also understood that you have the option of deleting your digital record from such agency
database.
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Your No Objection will be coterminous with the arrangement between the Company and any agency /
organization engaged by the Company for Reference / Antecedent Verification of your current and past
employments.
7. GENERAL:
a. Training: You may be selected and sponsored by the Company for familiarization/ training assignments
with our technical collaborators or any other institutions/ organizations in India and/or abroad, based on
stipulated terms and conditions. You will diligently and beneficially take part in the training and such
assignments in accordance with company policies and directives. The cost of any such training shall be
borne by the company and you may be required to sign a Service Bond for a minimum time for which
you will serve the company. The company can recover the liquidated damages on the event of your
voluntary resignation before the time as mutually agreed upon in the bond.
b. Rules Regulations and Policy on Ethics: You will be covered by the service rules and regulations including
conduct, discipline and administrative orders and any such other rules or orders of the company that
may come in force from time to time. You must observe the policies that the Company publishes from
time to time. These include a requirement that you maintain the highest standards of conduct and act
with the highest ethical principles. You must not do anything that may be a conflict of interest with your
responsibilities as an employee.
c. Media Interaction: You will not interact with the media - electronic, print or otherwise in
i. India or overseas, during or outside work hours, either in your own personal capacity or on
behalf of the company unless you have express and direct approval from the Management to
interact with the media as the representative of the Company. Only persons duly authorized by
the Management are allowed to interact with media on specified subjects. Disclosure of any
information other than statutory disclosures or those specifically authorized by the Management
is prohibited.
ii. Disclosure of information on proceedings of meetings (board / committee / internal) and
disclosure of forward-looking statements is prohibited unless such disclosure is specifically
approved by the Management. These will need to be combined with cautionary statements,
wherever required.
iii. You shall also not disclose non-public information selectively to any particular group as it may
lead to unfair advantage / discrimination.
iv. For any outside publication of books, articles or manuscripts which relate specifically to the
Company's business, policies and processes, you should take the approval of the Management
prior to its release.
v. Any violation of the company's media policy, tantamount to a breach of the terms and
conditions of employment and may result in termination of the contract.
d. Age: Your age mentioned in the Matriculation / Higher Secondary Certificate / Passport will be deemed
to be the conclusive proof of your date of birth.
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e. Change of address: You will intimate in writing to the Management any change of address within a week
from change of the same, failing which any communication sent on your last recorded address shall be
deemed to have been served on you.
f. Travel: You shall make your own transport arrangements to and from the place of work.
In case of one / more clauses of this letter of employment becomes untenable, the same shall not render the letter of
employment null and void in its entirety.
The various clauses of this letter are to be read, understood, and interpreted in its entirety, and none of the clauses are
severable from the remaining.
I confirm that this contract is in accordance with our mutual understanding and unconditionally and irrevocably accept
the above terms and conditions.
Employee Name: Rohit Yadav
Signature:
Date:
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