Probationary period and confirmation as a permanent employee:
AUGMENT SYSTEMS
………..Providing best solutions
ADITYA WADHWA
LUCKNOW- 226003,
UTTAR PRADESH, INDIA.
As a condition of employment at Augment Systems Pvt Ltd, you will be required to sign Augment Systems Pvt Ltd's standard Employee Agreement in which you agree, among other things, not to disclose to Augment Systems Pvt Ltd or use in your employment with Augment Systems Pvt Ltd any confidential or proprietary information or trade secrets of any current or prior employer. In this regard, you should be extremely careful not to bring to Augment Systems Pvt Ltd any documents or other materials in tangible or intangible form belonging to or acquired from your current or any prior employer. The compensation package associated with this offer is INR 300,000 Per Annum CTC.
Our employment relationship is voluntary and based on mutual consent. As a standard practice the employee (ADITYA WADHWA) may resign or Augment Systems Pvt Ltd likewise may terminate employment at any time, for any reason; subject to the fulfillment of agreed notice period, subject to fulfillment of service agreement formalities and subject to clearance of any non-financial and/or financial dues.
RAKESH KUMAR
Director
Welcome to Augment Systems Pvt Ltd!
Probationary Period and Confirmation as a Permanent Employee:
Leave:
In the work from home mode, all leaves are counted as deductible from your monthly payout.
Notice Period:
During the employment period, if your performance is found to be unsatisfactory or if it does not meet the prescribed criteria, your employment can be terminated by the Company with one month’s notice (or salary thereof). Similarly, in the event of employee’s resignation, the employee is required to serve one month’s notice (or equivalent monthly CTC salary thereof). In addition to the notice period, resignation from employee is also subject to the fulfilment of service level agreement formalities regarding dissolution of the service level agreement. In the event of you having any incomplete assignment, the Company will reserve the discretion to relieve you only at the end of the one month’s notice period. The Company may terminate your services without any compensation immediately on disciplinary grounds or if you are convicted of any criminal charges. Augment Systems Pvt Ltd may terminate the Employee's employment without any extra notice period or compensation thereof should any of the following events occur:
Bankruptcy.
Service Agreement:
Our offer to you is subject to the execution of the necessary Service Agreement. You will be
SERVICE AGREEMENT
Mr./Ms. ADITYA WADHWA agrees not to take employment with any other person, firm or company during the period of applicability of this agreement.
By way of guarantee for due performance of all the terms and conditions contained in the Agreement, Mr./Ms. ADITYA WADHWA has assured to pay a sum equivalent to her two months’ salary
In the event of any dispute or disagreement over the interpretation of any of the terms herein above contained or any claim of liability of any part including the Sureties the same shall be sole discretion of the Augment Systems Pvt Ltd.
During the period of 2 (two) years from the date of joining including the period spent on probation, if Mr/Ms ADITYA WADHWA leaves/resigns/abandons the services or violates the terms of this Agreement, Mr/Ms _SURETY 1 + SURETY 2 will have to pay liquidated damages amounting to equivalent of two months’ current salary and give 1 calendar month’s written notice or salary in lieu thereof as applicable.
SURETY 1 Mr./Ms.
SURETY 1 Mr./Ms.
Background Checks
Other Terms & Conditions
of the same will be at the Company’s discretion In Augment Systems Pvt Ltd, there are policies that are linked to performance management, career growth and annual compensation review of an employee, these policies will be applicable to you.
Confidentiality of Proprietary Information: The Employee signing this agreement, agrees, during or after the term of this employment, not to reveal confidential information, or trade secrets to any person, firm, corporation, or entity while employed at Augment Systems Pvt Ltd and for a period of one year thereafter. Should the Employee signing this agreement reveal or threaten to reveal this information, Augment Systems Pvt Ltd shall be entitled to an injunction restraining the employee signing this agreement from disclosing same, or from rendering any services to any entity to whom said information has been or is threatened to be disclosed, the right to secure an injunction is not exclusive, and Augment Systems Pvt Ltd may pursue any other remedies it has against the employee signing this agreement for a breach or threatened breach of this condition, including the recovery of damages from the employee signing this agreement.
Welcome to the Augment Systems Pvt Ltd family.
Annexure I (Compensation Details)
Your monthly Total Gross Salary will be a as applicable to you and
COMPENSATION DETAILS (All figures in Rs. Per month)
BASIC: 15,000 INR
Basket of Allowances (This is to be used towards HRA, LTA, Medical Allowance, Children’s Education Allowance, Transport Allowance and Miscellaneous Allowance): 10,000 INR
Annexure II (Non-Compete Agreement)
I am required, on behalf of Augment Systems Pvt Ltd, to provide services to, or solicit business from, various clients of Augment Systems Pvt Ltd (each such client hereinafter referred to as a “Customer”).
In consideration of the above, I agree that during my period of employment as well as for a period of twelve (12) months following the termination of my employment with Augment Systems Pvt Ltd for any reason, I will not:
SolveMore Limited (reg no: HE415945)
Chegg India Private Limited
Vedantu
Byju’s
Educomp Solutions
Edwise International
Acknowledge that the Company shall or may in reliance of this agreement provide me access to trade secrets, customers and other confidential data and good will. I agree to retain said information as confidential and not to use said information on my behalf or disclose same to any third party.
acknowledge that during my employment there may be disclosed to me certain trade secrets of the Company; said trade secrets consisting but not necessarily limited to:
agree that upon the termination of my employment from the Company:
I shall return to the Company all documents and property of the Company, including but not necessarily limited to: papers, drawings, notes, specifications, designs, devices, code, email, documents, diskettes, CDs, tapes, blueprints, reports, manuals, correspondence, customer lists, computer programs, and all other materials and all copies thereof relating in any way to the Company's business, or in any way obtained by me during the course of employ. I further agree that I shall not retain copies, notes, or abstracts of the foregoing as well as any material in any form or media containing any confidential or proprietary information or trade secrets.
warrant that my employment with Augment Systems Pvt Ltd does not violate any contractual or other obligations I have relating to my former employers, and I have disclosed to Augment Systems Pvt Ltd all such agreements that may bear on my employment with Augment Systems Pvt Ltd
agree that the restrictions in this agreement are reasonable in light of, among other things, the global and highly competitive markets in which Augment Systems Pvt Ltd and its subsidiaries operate.
Annexure III (Copyrights, New Inventions, Intellectual Property Rights, Non-Disclosure Agreement)
I, ADITYA WADHWA do hereby acknowledge and confirm the following:
I am accepting employment with Augment Systems Pvt Ltd. Now, as per the presents below, I agree to the following terms herein, and acknowledge that this is a material condition of
In addition, I will not disclose confidential or proprietary information or trade secrets to other Augment Systems Pvt Ltd employees except on a “need-to-know” basis. The confidential and proprietary information or trade secrets means all data and information in whatever form, tangible or intangible, that is not generally known to the public and that relates to the business, technology, practices, products, marketing, sales, services, finances, or legal affairs of Augment Systems Pvt Ltd or its subsidiaries or any third party doing business with or providing information to Augment Systems Pvt Ltd or its subsidiaries, including but not limited to information about actual or prospective customers, suppliers and business partners; non-public information about employees, such as contact information, job duties or description, compensations and performance; business, sales, marketing,
technical, financial and legal plans, proposals and projections; and concepts, techniques, processes, methods, systems, designs, programs, code, formulas, research, technologies, features of technologies, experimental work and work in progress. If I have any questions as to what comprises such confidential or proprietary information or trade secrets or to whom if anyone it may be disclosed, I will consult company’s senior management officials including director Mr Rakesh Kumar. I agree that Augment Systems Pvt. Ltd.’s subsidiaries are intended third-party beneficiaries of this clause. I agree to cooperate with Augment Systems Pvt. Ltd. in its efforts to ascertain and assure my compliance with this clause, even after my employment with Augment Systems Pvt Ltd ends.
Does not result from any work performed by me for Augment Systems Pvt. Ltd.
I have already informed Augment Systems Pvt Ltd. describing any inventions that I am currently developing and all inventions belonging to me and made by me prior to my employment with Augment Systems Pvt. Ltd. If no such list is attached, I represent that there are no such inventions. Augment Systems Pvt. Ltd. is permitted to an irrevocable, perpetual, exclusive, royalty-free, worldwide license to exercise any and all rights with respect to such invention, including but not limited to the right to
Date: Employee Name:
Acknowledged by Augment Systems Pvt Ltd
Confirmation as a Permanent Employee
a) Class 10 (or equivalent) Marks Sheet (s) b) Class 12 (or equivalent) Marks Sheet (s) c) Graduation Marks Sheet (s) d)
Final Graduation Degree Certificate e) Post Graduation Marks Sheet (s) (if applicable) f) Diploma Certificate (if
Basket of Allowances (BOA)
Passport & Driving License
Date of Joining Extension
As per the Company policy, only one extension in Date of Joining would be granted based on medical exigencies. The extension date would be given within the validity period of 6 months from the initial date of joining. Please note that any request for extension must be supported with documentary evidence (Medical records and certificate). All the requests are to be sent to careers@augmentsys.com. The Company will review the case based on the documents provided and we may extend the Date of Joining based on business requirements. All such requests for the date of joining extension have to be made at least a week before the initial date of joining. Granting this extension is solely at the discretion of the Company.
