Appointment Letter

Date:13-02-2023
To,
Shivani
848, Veer Savarkar
MG Road Gurgaon
Haryana -122022

Subject: Appointment Letter as “Senior Executive-(Automation and Solution Sales)”and terms & conditions in

Dash Technologies & Labels (P) Ltd.

Dear Ms. Shivani,

We welcome you to Dash Technologies and Label (P) Ltd and are pleased to confirm your appointment for the
position of Senior Executive-(Automation and Solution Sales) under the following terms and conditions:

1) Date of Joining:
You are being appointed as Senior Executive-(Automation and Solution Sales) in Dash Technologies and
Labels Pvt. Ltd. with effect from 13th Feb 2023

2) Place of Work:
 Your initial posting will be at our Delhi office. Your place of work may be changed to any other location
to address business/client requirements as directed by the Company.
 You may be required to visit to the client site within and/or outside India.
3) Remuneration:
 Your annual CTC will be Rs.7,20,000/- P.A.  (Rupees Seven Lakh Twenty Thousand only.)  The breakup
of this compensation will be shared with you separately by Sheet. In addition, you may be eligible for a
performance-based incentive as per the incentive scheme of the company.
 The Incentive Scheme is subject to revisions at the discretion of the Management.
 You will be eligible for Gratuity as per the Payment of Gratuity Act. 1972.
 Your compensation will be subject to deductions as applied under provisions of the Income Tax Act. 1961
and other applicable laws in India.
4) Probation Period:
 You will be on a probationary period of 6 months from the date of joining the period which may be
extended at the Company’s discretion Based on your performance and confirmation review, action on
confirmation of your employment will be taken as directed by Company policy and will be communicated
to you in writing.
5) Work Conduct:
 During your employment with the Company, you shall devote your best efforts to promoting the
Company’s (and of any other relevant affiliate and/or business associate of the Company) business.
 You are required to effectively carry out all duties and responsibilities as assigned to you by the Company
and shall faithfully and diligently perform these in compliance with established policies and procedures,
endeavouring to the best of your ability to protect and promote the interests of the Company.
 You shall not, except with the written permission of the Company, engage directly or indirectly in any other
business, occupation, or activity, whether as a principal agent or otherwise which will be detrimental
whether directly, to the Company’s interests.
 You will be bound by the Code of Conduct and all other rules, regulations, policies, and orders issued by
the Company from time to time in relation to your conduct, discipline rules, regulations, policies etc all,
which were part of this contract of appointment.
6) Training
 You will be imparted training on the job and periodically when the training programs will be organized.
The Company lays high importance when training its employees and spends considerable resources
on it. A full commitment from the employee side is expected during the training period.
7) Disclosure of Information:

 You confirm that you have disclosed all your business interests in the Company whether or not they

are similar to or in conflict with the business (es) or the activities of the Company, & all circumstances

in respect of which there is, or there might be perceived, a conflict of interest between the Company

and you or any immediate relatives. Also, you agree to immediately disclose, to the Company any

such interests or circumstances which may arise during your employment.

8) Confidentiality:

 All information regarding the affairs or business matters of the Company (and of any other relevant

affiliate and/or business associate of the Company) – concepts, working methods, client portfolios,

strategies – that come to your knowledge by reasons of your employment is deemed to be

confidential and considered a trade secret.

  You shall be required to maintain strict confidentiality of such information and data  that may come to

your possession or knowledge by virtue of the engagement, use it only as may be required in the

normal course of your work, and shall not disclose or divulge any information or data, without the prior

consent of an authorized officer of the Company.

 You shall always keep the details of your salary and employment benefits at the Company strictly and

shall not disclose such details to any other person within the Company.

 You shall use the Company name, Logos trademarks, or other identifiers strictly in the manner

permitted by the Company’s policies or for the purposes of provision of Services delegated to you to

the extent required.

 You shall always. Whether during or after the termination of your employment act with the utmost

fidelity and shall not disclose or divulge any such confidential information to third parties or make use

of such information for your own benefit or the benefit of any third party, either during the term of your

employment or thereafter.

9) Monitoring Policy:

 Please note that emails sent to you and by you may be monitored from time to time for the purpose of

identifying any non-compliance with the Company policies or applicable laws. These emails along with

attachments are considered the property of the company.

 If such monitoring discloses a breach of any law or Company policies, disciplinary action may follow

including termination of employment.

10) Notice Period:

 During the probation (including any extension), services may be terminated by either party, giving

written notice to one month or payment salary in Lieu of thereof.

 Post confirmation, services may be terminated by either party, giving two months’ notice, which

comprises a non-negotiable mandatory working period of 1 month, with the remainder of the notice

period being negotiable on both sides (to agree with the release date & salary payment in lieu of

notice if any).

 The Company may terminate/suspend your services at its discretion at any time  immediately upon

written notice to you if it has been alleged and prima facie established through preliminary internal

inquiry that you have committed (i) any heinous criminal act or any offense involving moral turpitude.

Examples include rape, forgery, robbery, etc. (ii) sexual harassment, or (iii) other act that threatens or

are likely to damage the Company’s reputation.

  You are required to identify and train your replacement and facilitate a successful

handover/knowledge transfer. Failure to comply with the clause would be considered against the

Company policy. Prior approval by the Management shall be considered as an exception to this

clause through a mutual settlement between both parties.

 The Company reserves the right to terminate your employment on the grounds mentioned in clause

11 below. In such an event, you will be subject to immediate dismissal and the Company will not be

liable to give you pay for the notice period. The Company further reserves the right to initiate legal

action as it deems fit.

11) Termination of Services:

 If at any time during the course of your employment, it is found that you have made a false or an

incomplete declaration with regard to your qualification/experience and other detail, your appointment

will be treated void with immediate effect without any payment in lieu of notice period.

 If at any time during the course of your employment, it is found that you have committed any act of

gross misconduct or serious breach of employment terms,  been guilty of conduct tending to bring

yourself or the Company into disrepute, been absent for a continuous period of 10 days without

approval/information, indulged in policy violation/fraud/financial irregularities and/or been found to

demonstrate unsatisfactory job performance your services will be terminated and you shall not be

entitled to any notice period or payment in lieu thereof.

12) Leave:

 You will be entitled to Casual/Sick Leaves: National/Festival holidays as stipulated by law/company

policy, in a calendar year. The same may be changed from time to time in accordance with changes in

law and/or company policy.

13) Expenses:

 The Company shall reimburse all your reasonable expenses incurred in the performance of your

duties as specified above upon submission of receipts. The laid down claims procedure must be

followed you will be entitled to reimbursement of mobile phone expenses on an actual per company

policy.

14) Deductions:

 During your employment or in the event of any termination the Company is entitled to deduct any

amount due from you to the Company from actual total compensation including but not limited to:

a) Any debt or advance for the time being owed by you to the Company

b) Any deduction related to leaving day taken more than entitlement as at the date of termination

of employment: and
 c) Any deduction with respect to expenses incurred by the Company or the cost of repairing

damage to the Company’s property caused by you (and of recovering the same).

15) Return of Company Property

 You shall promptly upon request by the Company and in any event upon the expiry or termination of

your employment return and surrender to the Company laptop and other assigned assets, all such

confidential information including without limitation, data, information, files, books, magazines, reports,

documents, manuals, and knowledge database in whatever form including but not limited to

electronically held data that concerns the business of the Company which may have been prepared

by you or come into your possession custody or control in the course of your employment.

 You shall not keep any copies of these items in any form whatsoever.

 Violation of this clause may invite legal action.

16) Other:

 Under the Sexual Harassment Prevention Act. 2013, sexual harassment is considered misconduct.

The Consequences of such misconduct can be – apart from deduction of wages, termination of

employment, or transfer to another location.

 Your appointment is contingent upon Medical Fitness Certificate satisfactory reference background

checks, including verification of your application materials education, and employment history. Your

employment is also contingent upon your ability to work for the Company without restriction (i.e., you

do not have any non- competes for an obligation or other restrictive clauses with any previous

employer).

 You will be governed by the Company’s policies during your employment. It will be obligatory on your

part to ensure compliance with the applicable statutes, regulations, and requirements laid down by the

Company and other regulatory and statutory bodies. Violation of the terms and conditions mentioned

herein would attract disciplinary and/or legal action, including immediate termination.

 The Company reserves the right to amend the policies from time to time. You are  advised to keep

yourself updated on these policies and abide by the same.

We take this opportunity to congratulate you on your selection and look forward to a long and mutually beneficial

professional association. You are joining us at an exciting phase of your journey of building a world-class firm and we

are counting on you to help us get there.

Kindly return a copy of this letter duly signed by you in acceptance of the terms and conditions set out herein.

Yours Sincerely,
Dash Technologies and Label (P) Ltd

Authorized Signatory

I hereby accept and agree to the terms and conditions of this employment contract and any amendments, or additions

hereto. I also promise to adhere to and abide by the policies and regulations of the Company as mentioned and

amended from time to time.

Signature:

Name: Shivani

Date:

COST TO COMPANY (CTC)

EARNINGS Monthly Yearly

Basic Pay ₹ 27,000.00 ₹ 3,24,000.00
House Rent Allowance ₹ 13,500.00 ₹ 1,62,000.00
Special Allowance ₹ 11,700.00 ₹ 1,40,400.00
Gross Earning ₹ 52,200.00 ₹ 6,26,400.00
Others    
Provident Fund (From Employer) ₹ 1,800.00 ₹ 21,600.00
Annual Performance Bonus ₹ 6,000.00 ₹ 72,000.00
Cost to Company (CTC) ₹ 60,000.00 ₹ 7,20,000.00

Monthly Salary
EARNINGS AMOUNT Rs. DEDUCTIONS AMOUNT Rs.
Basic Pay ₹ 27,000.00 PF contribution ₹ 1,800.00
House Rent Allowance ₹ 13,500.00
Special Allowance ₹ 11,700.00    
   
   
Total Deductions ₹ 1,800.00
Gross Pay ₹ 52,200.00 Net Pay ₹50,400