_【0427更新】Appointment Letter - Mr. Kaneko

Dated: ………………. Mr. Mitsuo Kaneko Sub: Letter of Appointment. Dear Sir, With reference to your application and the subsequent interview that had with us we are pleased to offer you the position of Accounting Manager of Bangladesh in our organization, your employment will be governed by the following terms and conditions: Date of commencement of employment, location and transfer: Your appointment would be effective from the date you join duty, which however, should not be later than April 2016 failing which the appointment offered will be subject to review from us. You will be based at Dhaka, Bangladesh. The Company can transfer your services to either temporarily or permanently to any of the associated companies in Bangladesh or elsewhere at the discretion of the Company. In the event of a transfer the terms and conditions applicable to you will remain unchanged unless notified in writing. Remuneration: Your consolidated gross salary will be 261,640BDT (Two Lac Sixty-One Thousand Six Hundred Forty Taka only) per calendar month, this would be subject to review every year on the basis of performance. The break up of the same is as under: Basic salary BDT 156,900 House rent Allowance BDT 78,500 Conveyance Allowance BDT 13,000 Medical Allowance BDT 13,240 Appropriate income tax due on your salary will be payable by you and this will be deducted at source by the Company during the payment of salary as per Income Tax Ordinance 1984. Probationary period: You will be on probation for a period of three months, but same can be extended by a suitable period at the discretion of the management. At the end of probation period you will be confirmed if your services are found to be satisfactory and up to the standard as required by the Company. Exclusivity of employment: You are required to work exclusively for us, and not to engage in any outside employment/business activities without the expressed written permission of the Company. Furthermore neither the Company’s name nor any of its facilities may be used for any purpose whatsoever other than of our business requirement. Hours of work: The normal working hours is Sunday through Thursday 8:00 to 17:00 (including 1-hour lunch break) and be Saturday 8:00 to 13:30. However, the Company reserves a right to changing weekly holiday and working hour within the meaning of Bangladesh Labor Act 2006 and amendment thereon in 2013. However you shall have to spend considerable time beyond the general office time, as and when necessary and will provide timely and best possible solution to Company’s clients/customers to achieve high level of client/customer satisfaction. Leave facilities: You will be entitled to enjoy leave in accordance with the Company’s rule in existence, which will be as under: You will be entitled to 15 working days of paid annual leave per year and the same will be governed by local labour Act and EPZ policy. You will also be entitled to 10 working days of paid casual leave per year. This entitlement would be pro-rated on the period of service completed. You will also be entitled to 14 days of sick leave in accordance with the policies of the Company and the same will be governed by local Labour Act and EPZ policy.. Reimbursement of expenses: You will be reimbursed for expenses actually incurred in the conduct of our business as per the terms and conditions laid down by the Company. Retirement The employee’s retirement age is based on the regulations of the Company. Duties and responsibilities: You will carry out your duties and responsibilities in accordance with the instructions you will receive from the management from time to time. However a broad outline of your job description will be conveyed to you by your reporting officer. Handover/Takeover Upon the termination of your employment, you will return to the Company all papers and documents or other property which may at that time be in your possession, relating to the business or affairs of the Company or any of its associates or clients and will not retain any copy or extract there from. Termination: The separation of service or employment may be terminated by either party by serving written notice in line with the provisions of the Bangladesh Labour Act 2006 and amendment thereon in 2013, and EPZ policy or otherwise by payment in lieu of such notice. As regards dismissal and other form of separation of service, proper legal provisions will be observed as per law. General terms and conditions: During the employment with us and thereafter you will keep strict secrecy regarding the business of the Company. You will not divulge to any person, Company, whatsoever any private, confidential or secret information, business secret, manual, information CD’s, writings, records, notes, letters, plans, customer database or any other data belonging to the Company, which you have obtained or come across by virtue of your employment with the Company or whether the Company is bound by an obligation of confidentiality or secrecy or not, to a third party or otherwise whosoever. In the capacity of Country Manager of Bangladesh you will maintain high standard of discipline, efficiency, integrity, behaviors attitude, you should not act in any manner, which will damage the reputation of the Company in any way. It should be clearly understood that your assignment or work can be changed or altered whenever at the direction of the management to suite any development or requirement of the Company in the same terms and conditions without any additional benefits. You will conform to all rules and regulations in force from time to time and shall carry out all other lawful orders/instructions/directions of your reporting officer as are given to you in connection with the day to day discharge of your duties while in employment of this firm. Any change of your local address must be notified in writing forthwith to the management. Your appointment will be subject to your submission of certified true copies of certificate in support of your 1) date of birth 2) academic qualifications 3) NOC from past employer, if any 4) copy of national ID/passport 5) Passport size photographs-two copies at the time of your joining or earlier. You will ensure proper maintenance and up-keep of the area of job allocated to you by following the instructions / directions that may be given from time to time in this regard. You will have the responsibility for efficient, satisfactory and economical operation in the area of job assignment that may be entrusted to you from time to time. You will adhere to such instructions and directions issued to you in connection with the performance of your duties assigned to you from time to time in the interest of the Company. Any discovery or invention of secret process/technology or improvement in procedure made or discovered by you while in the service of the Company (in connection with or in any way affecting or relating to the business of the Company or capable of being used or adapted for use there or in connection therewith) shall forthwith be disclosed to the Company and shall belong to and be the absolute property of the Company. All patents and rights secured in the course of your work shall be in the name of the Company and shall belong to, and be the absolute property of the Company. In consideration of the Company entering into this contract with you, you hereby agree and acknowledge that (i) the Company or any of its associate/subsidiaries as the case may be, shall be the sole and exclusive owner of any and all intellectual property developed by you during the subsistence of this agreement either alone or with others pertaining to the operations or business of the Company and (ii) you shall have and shall make no claims in respect thereto. You hereby irrevocably and unconditionally waive any and all moral rights or any rights of similar nature under any law in any jurisdiction in and to any and all material written created or devised by you, whether solely or jointly and pertaining to the operation or business of the Company. You shall not without prior written permission of the Company disclose to anyone outside of the Company and its subsidiaries or use in other than the Company or its subsidiaries business either during or after the termination of the contract any confidential information or material received from its subsidiaries or any information or material received in confidence from a third party by the Company or its subsidiaries or associate companies. On the termination of the contract you will return all property of the Company and its subsidiaries in your possession including all confidential information or materials such as drawings, notebooks, reports or any other documents in any form, electronic or otherwise. We sincerely welcome you to our team, and wish you every success in your career progress with us. We are confident that we will receive your best efforts in the profitable development of the Company. Please return the office copy of this letter duly signed by you as a token of your acceptance of the above terms and conditions. Sincerely yours _______________________ Daikatsu Sato Director TS TECH BANGLADESH LIMITED. I have carefully read the above letter and the terms and conditions set out therein, which I have fully understood and I hereby accept the same. Date: Signature: __________________________ Mr. Mitsuo Kaneko Place: 　　　　　　　　　　　　　　　　　　　　　　　　　Dhaka, Bangladesh.