Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

Innov

Download as pdf or txt
Download as pdf or txt
You are on page 1of 11

Evaluation Warning : The document was created with Spire.PDF for .NET.

Evaluation Warning: The document was created with Spire.Doc for .NET.

LETTER OF EMPLOYMENT
Dear Mr Jwaed Iquebal Date: 08 Aug 2022

Ref: Instakart Services Private Limited Offer ID: BHU30072022321096


Employee Id: 202247782

We are pleased to offer you an employment in our organization Innovsource Services Private Limited , as Executive - HR for a
fixed period of employment (“Contract”), on the following terms and conditions.

1. The term of your employment shall be valid from 11 Aug 2022 to 31 Oct 2022. Notwithstanding this, in the event of the
project/work/deputation for which you are being employed terminates before the aforementioned period, this Contract shall
be co-terminus with the project/work.

2. You shall report to work on 11 Aug 2022 at 9.00 a.m. at Instakart Services Private Limited, Bhubaneshwar.

3. Details of your salary break up with components are as per the enclosure attached herewith.

4. This contract shall be terminable by either party giving 30 day’s notice in writing or salary in lieu of notice, to the other
party.

5. You will, with effect from 11 Aug 2022 be deputed by the Company to work at the client’s office/ premises at any of their
locations, either onsite or offshore.

6. You will be governed by the policies of the client's organization with respect to leaves and holidays.

In addition, to the terms of appointment mentioned above, you are also governed by the standard employment rules of the
company, which are attached along with this letter. The combined rules and procedures as contained in this letter and the
annexure will constitute the standard employment rules and you are required to read both of them in conjunction. Your net
salary / reimbursement amount due, if any, shall be credited to your savings bank account opened for this purpose.

Wishing you the very best in your assignment with us and as a token of your understanding and accepting of the standard
terms of employment, you are requested to sign the duplicate copy of this letter and return to us within a day.

Yours faithfully, Acceptance


For Innovsource Services Private
Limited I have received the Letter of Employment and agree to the terms
and conditions contained thereto

Mr Jwaed Iquebal

Authorised Signatory Authorised Signatory (Signature & Date)

1567495-30072022-612632 1
COMPENSATION SHEET

Offer ID: BHU30072022321096

Employee Id: 202247782

Applicant ID:

Name: Mr Jwaed Iquebal

Designation: Executive - HR

GROSS SALARY STATUTORY BENEFITS


Basic + DA Rs. 10963/- PF Employer Rs. 1800/-
HRA Rs. 4385/- PF Admin Rs. 75/-
Bonus Rs. 901/- EDLI Employer Rs. 75/-
Other Allowances Rs. 5676/- MediclaimPremium Rs. 200/-
GROSS SALARY TOTAL Rs. 21925/- STATUTORY TOTAL Rs. 2150/-
PF Employee Rs. 1800/-
ESIC Employee Rs. 0/-
Professional Tax Rs. 125/-
NET SALARY Rs. 20000/- COST TO COMPANY Rs. 24075/-
(Gross + Statutory
Benefits)

The net salary is subject to Income Tax

Your salary is payable only through electronic payment mode such as EFT/NEFT/RTGS/ECS or account payable cheque for
which you have to provide relevant information at the time of joining. One month grace period shall be provided to you on
reasonable ground.

Yours faithfully, Acceptance


For Innovsource Services Private
Limited I have received the Letter of Employment and agree to the terms
and conditions contained thereto

Mr Jwaed Iquebal

Authorised Signatory Authorised Signatory (Signature & Date)

1567495-30072022-612632 2
STANDARD TERMS OF EMPLOYMENT

1. VALIDITY TERM OF EMPLOYMENT:

1.1. Notwithstanding anything above, depending upon the aforementioned project/work/deputation, the Company reserves its
right to extend/renew your temporary appointment for such period or periods as may be necessary depending upon the
exigencies relatable to the work for which you are hereby engaged. In that event, the Company shall in writing
extend/renew your temporary assignment on the term as may be indicated in such letter and in the event of your
acceptance of such extension/renewal of the assignment; you shall be governed by such terms and conditions as maybe
indicated therein.

1.2. It is specifically understood by you that during term of your employment, you shall neither seek nor accept to be
employed, engaged, hired by or in any manner whatsoever, render services to any third party either in India or abroad
whether on deputation or otherwise. This obligation shall be binding on you whether the said third party is engaged in
similar business as the Company or otherwise.

1.3. You shall be required to complete the joining formalities as per the list enclosed. These formalities are required as a part
of compliance. You should therefore complete the said formalities immediately but not later than 10 days from the date
of joining the service. You may please note that in the event you fail to complete the formalities within the stipulated
time the company may be constrained to cancel the appointment and relieve you from the service. Further the salary
payable to you will be adjusted towards the dues. We expect you not to place yourself in such situation.

1.4. Your appointment is being made on the basis of your particulars such as qualifications, etc. as given in your application
for employment and in case any information, as given by you, is found false or incorrect, your appointment will be
deemed void and liable for termination without notice.

1.5 In case there is any change in your residential address, you will intimate the same in writing to us within three days from
the date of such change and get such change of address recorded.

1.6 Your coverage under ESIC scheme is subject to adherence of rules & regulation of it. It is mandatory for you to submit
Aadhar Card (UID) including your family within one month from the date of issuance of ESIC number, if you fail to submit
the submit Aadhar Card (UID) within stipulated period in that case you will not be eligible to take benefits of ESIC
coverage and in that circumstances Company shall not be held responsible.

1.7 You are eligible under Provident Fund scheme subject to adherence of rules & regulation of it. It is also mandatory for
you to submit Aadhar Card (UID), PAN Card & Bank A/c. No. with IFSC Code (collectively referred as ‘KYC’) within one
month from your date of joining, if you fail to submit the KYC within stipulated period in that case as per PF norms you
will not able to withdraw or transfer or to take any benefits of PF as per EPF act and rules and in that circumstances
Company shall not be held responsible.

2. COMPENSATION:

2.1. You will be entitled to an employer’s contribution of Provident Fund as per the rules applicable.

2.2. You will be covered under a Group Accident Insurance Scheme and med claim as applicable to your level as detailed in
the enclosure attached.

2.3. You will be entitled to all other statutory benefits wherever applicable during the period of this Contract.

2.4 Salary would be receivable on or before 10th of the subsequent month, subject to receipt of corresponding payments
from our Client where you will be deployed.

3. TERMINATION:

3.1. At the time of termination of the employment due to termination by either you or the Company or upon the lapse of the
term of employment, if there are any dues owing from you to the Company, the same may be adjusted against any

1567495-30072022-612632 3
monies due to you by the Company on account of salary, bonus or any other payment owed to you under the terms of
your employment.

4. DISCRETION:

4.1. Your employment is subject to you being certified medically fit by a registered medical practitioner

4.2. During the period of this Contract, your services could be deputed at the sole discretion of the Company to any of the
company’s clients to do work pertaining to or incidental to such Client’s business. Such deputation will be communicated
to you by way of a letter from the Company, and this will be effective from the date mentioned in such letter.

5. DEPUTATION:

5.1. During the tenure of the deputation, you will continue to be an employee of the Company and your compensation and
applicable allowances shall be payable only by the Company. In this regard, you shall not be entitled to receive any
payments, either as fees, expenses, reimbursement or such other allowance, directly from the Client to whose site you
may be deputed.

6. RULES/POLICIES OF THE CLIENT:

6.1. In the day-to-day functioning or carrying out your responsibilities and duties, you will receive instructions from the Client
and will undertake to abide by any suggestions, etc. given by any assigned person(s).

6.2. You shall also abide by any training that may be offered to you by the Client.

6.3. You shall be bound to follow the working hours of the Client’s organization.

7. NON - DISCLOSURE:

7.1. You shall take care not to disclose or divulge confidential information/trade secrets, etc. belonging either to the Company
or to the Client, that you may come across in the course of your responsibilities either to the Company and/or to the
Client or to anyone outside the Client’s organization and you shall use such confidential Information only in connection
with the services provided by you to such Client.

7.2. Further, you shall not utilize any Confidential Information acquired in consequence of your employment for your benefit
or for the benefit of any third party other than the Company or its Client who has disclosed such Confidential Information
or for whom you have created the Confidential Information.

8. ASSIGNMENT OF INTELLECTUAL PROPERTY RIGHTS;

8.1. You are employed by the company on the express understanding that all services provided by you whether at the
Company site(s) or on deputation, are being done on behalf of the company or its clients. Consequently, any and all
intellectual property rights (including but not limited to patents, copyrights, trademarks, etc.) arising therein shall be
owned exclusively by the Company or its clients to whom you may be providing the services on deputation. In this
regard, it shall be deemed that you have provided your consent for the assignment of any and all intellectual property
rights developed either solely by you or jointly with the Company or its clients exclusively and solely either in favor of the
Company or its clients and you shall do all such acts as may be necessary to ensure that the ownership of all such
intellectual property rights vests solely with the company or its clients, as the case may be.

9. LIABILITY:

9.1. You shall at no point of time make any claim or assert any right to employment, damage, loss or compensation of any
sort whatsoever against the Client. This arrangement of deputation is purely a contractual agreement between the
Company and the Client for the time specified.

1567495-30072022-612632 4
9.2. Further upon the lapse of your term of employment with the Company or earlier termination thereof, you shall have no
right or claim against the Company for continued employment and in this regard, the Company does not guarantee or
warrant any continued employment after the term of employment or earlier termination thereof.

9.3. You shall not engage in any act subversive of discipline in the course of your duty/duties for the Client either within the
Client’s organization or outside it, and if you were at any time found indulging in such act/s, the Company shall reserve
the right to initiate disciplinary action as is deemed fit, against you.

10. INDEMNITY:

10.1 You shall be responsible for protecting any property of the Client entrusted to you in the due discharge of your duties
and you shall indemnify the client if there is a loss of any kind to the said property.

All other terms and conditions of your employment remain unchanged.

We want you to understand that this is a rapidly growing company. It is a challenging environment that will require a lot of
time and effort on your part. The Company is an evolving organization that can provide opportunities to individuals with talent
that are committed to reaching our corporate goals. The Company provides a work environment that inspires creativity,
outstanding client service, attention to detail and personal advancement. This is the kind of work environment that brings the
best in our employees and in turn brings the best in our Clients. We welcome your experience and skills to our term and
expect your effort and talent to be a part of our growth and success.

You are requested to provide the following documents as mentioned in (1.3), within a 10 days of your reporting, to duty at
our client’s site.

- Aadhar card for proof of identity, proof date of birth and proof of address.
- Educational certificates
- ESI declaration in Form 1, PF nomination in Form 2 and Gratuity Nomination in “Form F”
- PAN Card ,Bank A/C details with proof
- Six passport size photographs
- Experience certificates and relieving letter from your previous employer (if applicable).
- Proof of your last drawn salary (if applicable)

You can reach us through (1) Call on Toll Free No. 1800-22-4456
(2) Email to flipkart-ar@innov.in or (3) WhatsApp on 9152219276.

We request you to please sign a duplicate copy of this letter and return the same to us, indicating your acceptance of the
terms mentioned herein. By signing this letter you confirm that you have read, fully understood and accepted the terms of
this letter.

Yours faithfully, Acceptance


For Innovsource Services Private
Limited I have received the Letter of Employment and agree to the terms
and conditions contained thereto

Mr Jwaed Iquebal

Authorised Signatory Authorised Signatory (Signature & Date)

1567495-30072022-612632 5
CONFIDENTIALITY, INTELLECTUAL PROPERTY ASSIGNMENT, NON-COMPETITION AND NON-
SOLICITATION AGREEMENT

(“Employee”) enters into this Confidentiality, Intellectual Property Assignment, Non-Competition Agreement (the "Agreement")
by and between Employee and Innovsource Services Private Limited (the “Company”).

WHEREAS, the Employee and Innovsource Services Private Limited are considering entering, or have entered, into a written
contract (“Contract”) under which Employee shall provide certain services to the Company.

WHEREAS, the Company has reasonably decided that the nature of its business makes it prudent to condition the Contract on
Employee’s agreement not to engage in competition with, or to solicit any customer, client or employee of, or to disclose any
confidential information of, the Company, and such further terms and conditions as are set forth below.

NOW, THEREFORE, in consideration of the mutual promises herein contained, and of other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending legally to be bound, hereby agree
as follows:

Personal responsibility is at the code of Company principles and culture. Every employee has a responsibility to protect
Company reputation, to always “do the right thing,” and to act with truth and fairness in all dealings with customers, business
partners and each other.

1. Code of Business Conduct and Ethics

This Code of Business Conduct and Ethics applies to all employees of the of Company, which are referred to in this Code as
Company or the Company.

The Company is proud of its reputation for integrity and honesty and is committed to these core values. Personal
responsibility is at the core of the Company’s principles and culture. The Company’s reputation depends on you maintaining
the highest standards of conduct in all business endeavors. You have a personal responsibility to protect this reputation, to
“do the right thing,” and to act with honesty and integrity in all dealings with customers, business partners and each other.
You should not take unfair advantage of anyone through manipulation, concealment, abuse of privileged information,
misrepresentation of material facts, or any other unfair-dealing practice.

The principles set forth in this document describe how you should conduct yourself. This Code does not address every
expectation or condition regarding proper and ethical business conduct. Good common sense is your best guide. It does not
substitute for Company policies and procedures. In every business-related endeavour, you must follow the ethics and
compliance principles set forth in this Code as well as all other applicable corporate policies and procedures.

You are accountable for reading, understanding and adhering to this Code. Further, compliance with all laws, rules and
regulations related to Company activities is mandatory and your conduct must be such as to avoid even the appearance of
impropriety. Failure to do so could result in disciplinary action, up to and including termination of employment.

If you are uncertain about what to do, refer to the relevant section of this Code. If you are still unsure, speak with your
supervisor or, if you prefer, communicate with any of the other points of contact indicated. If you have any doubt, ask for
help.

1.1 In the Workplace


Company is committed to providing a diverse and inclusive work environment, free of all forms of unlawful discrimination,
including any type of harassment.

1.2 Respect
The Company’s greatest strength lies in the talent and ability of its associates. Since working in partnership is vital to the
Company’s continued success, mutual respect must be the basis for all work relationships. Engaging in behavior that
ridicules, belittles, intimidates, threatens or demeans, affects productivity, can negatively impact the Company’s reputation.
You are expected to treat others with the same respect and dignity that any reasonable person may wish to receive, creating
a work environment that is inclusive, supportive and free of harassment and unlawful discrimination.

1567495-30072022-612632 6
1.3 Equal Employment Opportunity
The talents and skills needed to conduct business successfully are not limited to any particular group of people. Company
has a long-standing commitment to a meaningful equal employment opportunity. The Company is to ensure equal
employment and advancement opportunity for all qualified individuals without distinction or discrimination because of race,
color, religion, gender, sexual orientation, age, national origin, disability, covered veteran status, marital status or any other
unlawful basis. As part of this commitment, the Company will make reasonable accommodations for applicants and qualified
employees

1.4 Sexual Harassment and Other Discriminatory Harassment


Sexual harassment and other discriminatory harassment are illegal and violate Company policies. Actions or words of a
sexual nature that harass or intimidate others are prohibited. Similarly, actions or words that harass or intimidate based on
race, color, religion, gender, sexual orientation, age, national origin, disability, covered veteran status, marital status or any
other unlawful basis are also prohibited

1.5 Conflicts of Interest


Company prohibits conflicts of interest. A “conflict of interest” occurs when your private interest interferes in any way with
the interests of Company. In addition to avoiding conflicts of interest, you should also avoid even the appearance of a
conflict

1.6 Corporate Opportunity


You owe a duty to Company to advance its legitimate interests. You are prohibited from competing with the Company
and from using corporate property, information or position for personal opportunities or gain.

1. Outside Activities - Officer or Director of another business You may not serve as a director, officer, trustee,
and partner or in any other principal position of another for-profit or publicly held organization or company without
the prior approval of Company’s Head HR (or a designee). You should obtain approval from Company’s Head HR (or a
designee) before agreeing to serve on the board or in a principal position of a trade or professional association or of a
non-profit organization. In any event, these outside activities must not impact in any way your daily job
responsibilities in your current position.
2. Second Job: Unless the Company otherwise consents in its sole discretion, you will devote your entire resources and
full and undivided attention exclusively to the business of the Company during the term of your employment with the
Company and shall not accept any other employment or engagement (honorary or otherwise).
3. Vendors, Suppliers and Consultants: All vendors, suppliers and consultants shall be approved in accordance with
Company policies and procedures. Company’s business relationships must be totally based on their ability to
competitively meet the Company’s business needs.
4. If your association with a current or prospective Company vendor, supplier or consultant is of a nature
5. that gives rise, or potentially gives rise, to a conflict of interest, the Company may have to refrain from entering into
the relationship and, in any event, you must not be involved in any way with approving, managing or influencing the
Company’s business relationship
2. Non-Disclosure of Confidential Information
During and after the term of the Contract with the Company, Employee will keep confidential and not use or disclose outside
of the Company any information or materials not generally known outside of the Company, to which Employee is exposed or
that Employee develops as a result of its relationship with the Company. In addition, during and after the term of the
Contract with the Company, Employee agrees to keep confidential and to safeguard information pertaining to the
Company's: business; legal matters; products; technology; finances; research and development; and employees.
Maintaining Company reputation for integrity and its commitment to the highest principles of fairness and honesty is a special
responsibility of those who guide its operations and those in other sensitive positions. Completion of the Business Conduct
Certificate is designed to have you affirm your compliance with the standards contained in Company Employee Code of
Conduct (“the code”) and to help you avoid situations that may, in fact or in appearance, involve conflicts of interest or other
improper conduct

These include, but are not limited to, information pertaining to the Company's customer-, product/service-, or technology-
related: plans; manuals; methods; specifications; ideas; designs; techniques; blueprints; procedures; documents;
descriptions; lists; compilations; databases; innovations, and software (in source code or object code form).

1567495-30072022-612632 7
The above are hereinafter collectively referred to as "Confidential Information." Confidential Information also includes
Innovations, as described in Section 4, and Work product, as described in Section 6, of this Agreement.

During and after the term of the Contract with the Company, Employee will keep confidential and not use or disclose, outside
of the Company, Confidential Information of other persons or businesses that has been provided to the Company.

Employee agrees that the Confidential Information is the Company’s exclusive property and shall not be copied in any form or
format or removed from the Company premises except for Company business. Employee understands and agrees that the
Company does not wish Employee to disclose to the Company, or to any of its employees, independent Employees or agents,
any Confidential Information of any third party. Employee has not brought and will not bring to the Company any materials or
documents of a third party that are not generally available to the public.

Employees whose activities violate the policies contained in the Code or who willfully fail to fully disclose or to report known
or potential violations are subject to disciplinary action up to and including termination of employment. All associates are
required to cooperate fully in any investigations involving potential or actual misconduct.

3. Information Security Policy Statement

Employee acknowledges that the Company's business information is proprietary, and is a principal asset owned by the
Company. Employee understands and acknowledges that it may be entrusted with various information assets. Employee
agrees to follow Company security measures, including, but not limited to, those indicated in the Company Information
Security Policy Statement, to ensure the safeguarding of such information assets.

4. Use of Computers and Electronic Communications (Technology)

Computers and other media of electronic communications are the property of the Company. Persons who use such computers
and other media of electronic communications for private, non-work related purposes do so at their own risk. Employee
acknowledges and understands that electronic communications, including computer files, voice mail and e- mail, are not
considered to be private. By using Company's computers and other media of electronic communications, Employee consents
to having this use reviewed by the Company authorized individuals at the Company's discretion and utilizing whatever means
necessary. Employee acknowledges that reviewing may include, but is not limited to, inspecting the content of any electronic
communication, including e-mail, and employee consents to such inspection and review. Furthermore, Employee understands
that only authorized persons may review electronic communication on the Company's computers and other media of
electronic communications; however, the Company is under no obligation to do so. Employee agrees to not use any code,
access any file or retrieve any stored communication unless authorized to do so.

Employees whose activities violate the policies contained in any form of “Computer and Electronics communication” or who
willfully fail to fully disclose or to report known or potential violations are subject to disciplinary action up to and including
termination of employment. All associates are required to cooperate fully in any investigations involving potential or actual
misconduct.

5. General Administrative Matters


5.1 Late arrival
Employees are expected to arrive at work and for meetings on time. If an employee anticipates late arrival he/she must
inform the immediate manager (or a colleague in case the immediate manager is not available) in advance to allow for
schedule changes and to handle coverage of working hours. Repeat challenges with late arrivals will be recorded as
misconduct in the employee’s file. All employees working with customers must ensure that all meeting commitments are met
on time. Lapses in punctuality will not be acceptable.

5.2 Absence from Office


5.2.1 Any employee, who is outside the office during working hours, should ensure that the immediate manager (or a
colleague, if the immediate manager is not available) is aware of his/her whereabouts.
5.2.2 Unauthorized absence from office, or absence from office without prior approval from the immediate manager,
will be recorded as misconduct in the employee’s file.

5.2.3 Unauthorized absence will be treated as Loss of Pay (LOP).

1567495-30072022-612632 8
5.3 Smoking and Drinking
Smoking and Drinking is prohibited within office premises. In order to maintain a clean and healthy atmosphere in the
workplace and arising out of our concern for fellow employees, smoking

and Drinking is prohibited within the office premises. Failure to do so could result in disciplinary action, up to and including
termination of employment.

6. Disclosure of Innovations
Employee will promptly and fully disclose to the management of the Company any ideas; processes; inventions; methods;
improvements; discoveries; or techniques that Employee conceives of, makes or reduces to practice, whether by itself or
with others, during the term of the Contract with Company that are related to the Business (as defined below) or with the
use of the Company’s time, material, funds or facilities (collectively, "Innovations"). For the purposes of this
Agreement, the term “Business” shall mean designing, deploying and managing IP remote access VPNs, IP LAN to LAN VPNs,
and firewall management or any other revenue producing operation into which the Company enters in the future (the
“Business”). Employee agrees to assign the Company its entire right, title and interest associated with any Innovations.
Employee acknowledges and agrees that for the purposes of this agreement, the definition of Confidential Information shall
include all Innovations and any workproduct (described in Section 6 of this Agreement) that Employee develops as a result
of its relationship with the Company, and that such Innovations and Workproduct are subject to the protections of this
agreement.
7. Prior Inventions
Employee attaches hereto a complete list of all inventions made, discovered, developed, or conceived of by Employee prior
to contracting with the Company that are or may be related to the Company's present or reasonably anticipated future
business. Employee declares that the inventions listed therein are excluded from this agreement.
8. Ownership of Intellectual Property Rights
Employee agrees that all "Workproduct" that it develops as a direct result of its relationship with the Company shall become
the exclusive property of the Company. Such Workproduct shall include all:
Patents; copyrights (including, without limitation, rights of attribution and integrity); trade secrets; trademarks; and other
intellectual property rights, and applications or registrations thereof.
Employee acknowledges that for copyright purposes all such Workproduct shall constitute "works made for hire" under
applicable law. If, for any reason, such Workproduct does not qualify as a "work made for hire," Employee agrees to assign
to the Company the copyright(s) therein. To the extent that Employee is deemed to be the owner of any intellectual
property right included in or utilized by any such Workproduct, Employee hereby assigns to the Company all such rights
(including any patentable inventions) necessary or appropriate to the Company's full enjoyment and commercial exploitation
of such Work product.
Employee further agrees to comply fully with any future requests by the Company or persons designated by the Company
(whether during or after my relationship with the Company), without further consideration, to execute any documents or do
any other acts necessary to establish the Company's or its designee's exclusive ownership of such Workproduct.
These include, but are not limited to, documents and acts associated with patents, copyrights, trade secrets, trademarks and
other intellectual property rights therein.
Employee hereby irrevocably designates and appoints the Company and each of its duly authorized officers and agents as
Employee’s agent and attorney-in-fact to act for and in behalf of Employee and stead to execute and file any document and
to do all other lawfully permitted acts to further the prosecution, issuance and enforcement of patents, copyright and
trademark registrations, and other intellectual property rights with the same force and effect as if executed and delivered by
Employee.
9. Return of Confidential Information
Upon termination of the Contract with Company, Employee shall deliver to the Company all copies of Confidential
Information of the Company or of other persons or businesses that have come into Employee’s possession as a result of its
relationship with the Company. Employee further agrees not to retain or use such information, whether in tangible or in
intangible form, for any purpose following termination.
10. Termination of Agreement

1567495-30072022-612632 9
Except as otherwise provided herein, this agreement shall terminate upon termination of the Contract between Employee
and the Company; provided, however, that notwithstanding such termination, all of the obligations of the signatory of this
agreement shall survive with respect to any Confidential Information received prior to termination.
11. Non-Waiver
No failure or delay or partial exercise in exercising any right, power, or privilege under this Agreement shall operate as a
waiver of such right, power, or privilege.
12. Enforcement
In the event of a breach or threatened breach by me of the provisions of this Agreement, Employee agrees that the
Company shall be entitled to an injunction restraining Employee from disclosing, in whole or in part, any of the information
defined as Confidential Information in Section 1 of this Agreement.
Nothing herein shall be construed to replace, limit, or affect other legal rights of the Company or as prohibiting the Company
from pursuing any other available remedy for such breach or threatened breach, including the recovery of damages.
Employee agrees that should the Company prevail in an action, the Company will be entitled to recover from Employee its
reasonable attorneys' fees and costs.
If any provision of this Agreement shall be finally determined to be invalid or unenforceable under applicable law by a court
of competent jurisdiction, that provision shall be ineffective to the extent of such invalidity or unenforceability only, without
in any way affecting the remaining parts of said provision or the remaining provisions of this Agreement. If a court should
refuse to enforce any covenant because of geographic area, or scope extensiveness, or any other reason, the court may
revise the covenant to the extent necessary for enforcement.
If required by applicable law, Employee agrees to obtain any consent, without further consideration, necessary to provide
the Company, or other persons designated by the Company, with the exclusive ownership of Confidential Information, and
all patent, copyright, trade secret, trademark and other intellectual property rights that Employee develops as a result of its
Contract with the Company.
This document contains the only complete agreement and entirely supersedes any prior agreement(s) Employee has
executed with respect to the matters covered by this Agreement.
The rights and obligations under this Agreement shall inure to the benefit of, and may be enforced by and for the benefit of,
the Company and/or any parent, subsidiary, affiliate, predecessor, successor or assigns.
13. Acknowledgement
In addition to the above, I affirm that: I have / will abide by Company policies for appropriate workplace behavior;
I have / will comply with Company Money Laundering Prevention Policy, including the requirements to report all suspicious
activities;
I have not / will not engage, either directly or indirectly, in bribery, kickbacks, payoffs, or any other corrupt business
practices;
I have / will properly use and safeguard all Company physical or intellectual, regardless of form, and strictly adhere to both
the confidentiality requirements of Company privacy policy and all policies regarding the use and protection of all Company
information and computer resources;

I have not / will not compete with nor divert business from Company during the time I am employed by
Company;
I have not / will not buy or sell securities on the basis of material, non-public information, whether such
information is gained in the course of employment or otherwise, for Company -owned or managed accounts, for
personal accounts, or for any accounts that I may influence, including, but not limited to, accounts of family members;
I have not / will not influence, interfere with or provide inaccurate information in response to a legitimate audit or outside
examination request;
I have / will report all potential and actual conflicts of interest and material transactions or relationships that reasonably
could be expected to give rise to a conflict or the appearance of a conflict;

1567495-30072022-612632 10
I have read Company Employee Code of Business Conduct and Ethics and fully understand my responsibility to comply with
the standards contained therein and to ensure the compliance of those who report to me;
I am in full compliance with the standards described I the Code and neither I nor, to the best of my knowledge, anyone who
reports to me has engaged in behavior that may violate these standards or be viewed as illegal or unethical; and
I will promptly revise or amend this Certificate if there are any changes in or additions to the information currently contained
in this Certificate.
I have read Company IT System Usage & Confidentiality Policy and fully understand my responsibility to comply with the
standards contained therein. I agree to abide by the policy including the prohibitions as set out therein.

This offer of appointment/work assignment is subject to completion of your reference checks and clean background check
reports (which may include criminal checks, verification of previous employment, education verification, address check and
appropriate identification verification) being conducted by Innovsource or third parties on behalf of Innovsource, and the
results of such background checks being favorable in Innovsource's reasonable opinion. If this condition is not satisfied, then
this offer of appointment will be void or on notice by Innovsource.
You hereby consent to Innovsource or their agents sharing any information you provide to them with third parties for the
purposes of carrying out such checks.
The concerned documents requested by Innovsource or third parties on behalf of Innovsource needs to be shared
immediately from the Offer roll out. In case if the complete documents are not shared within 15 days from the Date of
Joining, the salary shall be kept on hold and your offer of appointment shall be void or will become void. This offer is
automatically withdrawn at the Innovsource discretion.

Yours faithfully, Acceptance


For Innovsource Services Private
Limited I have received the Letter of Employment and agree to the terms
and conditions contained thereto

Mr Jwaed Iquebal

Authorised Signatory Authorised Signatory (Signature & Date)

1567495-30072022-612632 11

You might also like