TRANSSION INDIA PVT. LIMITED
Regd. Office: Advant IT Park, Unit No. B-303, 3rd Floor, Tower B, Plot No-7, Sector-142, Noida-201301 U.P (India)
Phone: +91-120-6650888 | Fax: +91-120-6650886 | Email: tipl.in@transsion.com
CIN No.: U74999UP2016FTC085990
Date: 12-Jun-2019
Mr. Ganeshkumar S ,
589/Pasumpon Nagar, Thiruthangal,
Viruthunagar, Tamil Nadu- 626130
Subject – Appointment with Transsion India Pvt Ltd.
Dear Ganeshkumar S,
We are pleased to appoint you as Senior Engineer- Quality Management in role of Failure Analysis
Engineer in Band 7, Transsion India Pvt Ltd. (hereinafter called as the “company”), as per the terms &
conditions of your appointment letter. The terms and conditions of your appointment are as follows: -
1. APPOINTMENT AND REPORTING: -
Your employment with the company is effective from 12-Jun-2019 . All the terms and conditions of your
appointment shall be effective from your date of joining itself.
You will report to Noida your reporting is subject to change at the sole discretion of the company.
2. EMOLUMENTS AND TAXES: -
Your remuneration will be as per the details provided in Annexure `A' annexed hereto.
You shall be solely responsible for paying any taxes, direct or indirect, state or local, whether payable in
India or elsewhere which may result from the remuneration. The company is entitled to deduct from your
remuneration, income tax, other taxes and levies which it is liable to deduct at source as applicable.
3. TERMINATION: -
The management may terminate your services by giving one month’s written notice or salary in lieu
thereof without assigning any reasons. Similarly, you may resign from the service of the company by giving
one month’s notice in writing or salary in lieu thereof. Your employment can be terminated forthwith on
the happening of the following: -
If you are held guilty of any offence involving moral turpitude, even if it happened prior to your joining the
company or If you are held guilty of any violation of the code of conduct policies post your joining the
company or
If any of your actions/ behaviour considered unethical/unsuitable by the management of the company
(even if they are not part of the code of conduct policies).
Upon termination of your employment, you (or your legal heirs as the case may be) shall immediately
return to the company, any and all documents, manuals, documented confidential information (without
making any copies thereof and/ or extracts there from), kits and other property belonging to the company
that may be entrusted to and/ or placed in your possession by virtue of and/ or during the course of your
TRANSSION INDIA PVT. LIMITED
Regd. Office: Advant IT Park, Unit No. B-303, 3rd Floor, Tower B, Plot No-7, Sector-142, Noida-201301 U.P (India)
Phone: +91-120-6650888 | Fax: +91-120-6650886 | Email: tipl.in@transsion.com
CIN No.: U74999UP2016FTC085990
employment with the company. You (or your legal heirs as the case may be) shall also deliver to the
company immediately all notes, analyses, summaries and working papers relating thereto.
4. INITIAL POSTING AND TRANSFER: -
Your initial place of posting shall be at D-198, Sector-63, Noida, U.P. - 201301 . However, at the sole
discretion of the management, you will be liable to be transferred /deputed from one place to another
anywhere in India or abroad and/or from one department to another or from one establishment to
another and/or to any other concern including to any of company’s affiliates, associates, group companies
and/or entities in which the company may be having any interest whether existing or which may be set up
in future.
5. GENERAL EMPLOYMENT OBLIGATIONS: -
During your employment with us, you shall not be engaged, concerned or interested directly or indirectly
in any other occupation, business or employment whatsoever (either for remuneration or on a honorary
basis), and shall devote your whole time, attention and abilities exclusively to the performance of your
duties and shall faithfully serve the company and use your best endeavour to promote the interest and
business thereof.
You shall be governed by the service rules and regulations of the company, as amended by the
management, from time to time including the code of conduct, the terms of which are hereby incorporated
by reference. You shall abide by and carry out operational instructions/procedures as contained in the
company’s guidelines and other administrative instructions as may be issued by the management from
time to time. The work product generated by you while performing the services during the term of your
employment, including all electronic data, papers, worksheets, logs, records, reports, Documents, training
material and other materials developed or prepared by you, shall be the sole and exclusive property of the
company.
Without limiting the generality of the foregoing, the company will own all intellectual property rights in any
work, invention, discovery, improvement or design, which you make or conceive while employed by the
company and in connection with the business of the company; or by using the resources, facilities, or
confidential information of the company or its affiliates/associates/group companies.
For the purposes of this clause, intellectual property rights include, but are not limited to, rights in relation
to or arising from patents, design registrations, trademarks and copyright. You undertake to execute
necessary documents and do all such acts, at the request of the company that may be required to give
effect to this provision. You shall return to the company such materials upon the termination of your
employment or at the request of the company at any time during the term of your employment.
You will be responsible for the safe custody of all documents, manuals and kits and other property
belonging to the company that may be entrusted to and/ or placed in your possession by virtue of and/ or
during the course of your employment with the company.
If you are a managerial cadre employee, you will be responsible for the overall smooth and effective
functioning of the department / establishment / office / staff / employees under your charge and will be
directly responsible for the successful and timely completion of any job / work assigned to you or any
person working under your control and supervision and/or within the department / establishment/office of
TRANSSION INDIA PVT. LIMITED
Regd. Office: Advant IT Park, Unit No. B-303, 3rd Floor, Tower B, Plot No-7, Sector-142, Noida-201301 U.P (India)
Phone: +91-120-6650888 | Fax: +91-120-6650886 | Email: tipl.in@transsion.com
CIN No.: U74999UP2016FTC085990
which you are for the time being holding the charge. You would adhere to the norms of office discipline.
You would also be responsible to ensure proper and effective adherence to the norms of office discipline
including working hours, systems and procedures by the staff / employees working under your supervision
and/or in the department/ office / establishment under your charge.
You shall keep the management informed of your latest postal address at all times and intimate in writing
in case of change of address. Any communication sent to you by the management on your last known
address (as intimated by you) shall be deemed to have been duly served notwithstanding the fact that may
you have changed your address.
6. CONFIDENTIALITY: -
You shall not, except as authorized or required by your obligations in terms hereof, reveal to any person or
entity any of the trade secrets, secret or confidential information, information contained in any manuals or
dealings or any information concerning the company, business, finances, transactions or affairs of the
company and/or its affiliates/associates/group companies (‘confidential information’), which may come to
your knowledge and/ or be imparted to you by the company during this employment hereunder. You shall
hold in strict confidence, all such confidential information. This restriction shall survive termination of your
employment with the company without limit
In point of time but shall cease to apply to information or knowledge which may come into the public
domain without any of fault on your part.
You shall not during the term of your employment or at any time thereafter, use or permit to be used, any
information, notes or memoranda relating to the business and/ or transactions of the company and/or its
affiliates/associates/group companies which may come to your knowledge and/ or possession by virtue of
your employment with the company for any purpose other than for the benefit of the company.
You acknowledge that the breach of any of the provisions of clause 6 hereof will cause irreparable loss and
harm to the company which cannot be reasonably or adequately compensated by damages in an action at
law, and accordingly, the company will be entitled, to injunctive and other equitable relief to prevent or
cure any breach or threatened breach thereof, but no action for any such relief shall be deemed to waive
the right of the company to an action for damages.
7. LEAVES AND OTHER SERVICE BENEFITS: -
You will be entitled to leave, holidays and other service benefits as per the policies of the company as
framed from time to time and applicable to the employees in the office/establishment/department in
which you are for the time being posted.
8. RETIREMENT: -
You shall retire on the attainment of 58 years unless specially required by the company in writing to
continue in service beyond this age. Your employment shall stand terminated on the date of your
retirement.
TRANSSION INDIA PVT. LIMITED
Regd. Office: Advant IT Park, Unit No. B-303, 3rd Floor, Tower B, Plot No-7, Sector-142, Noida-201301 U.P (India)
Phone: +91-120-6650888 | Fax: +91-120-6650886 | Email: tipl.in@transsion.com
CIN No.: U74999UP2016FTC085990
9. CONTINUATION OF EMPLOYMENT: -
It is understood that this employment is being offered to you on the basis of the particulars submitted by
you with the company at the time of recruitment process. However, if at any time it should emerge that
the particulars furnished by you are false/incorrect or if any material or relevant information has been
suppressed or concealed this appointment will be considered ineffective and irregular and would be liable
to be terminated by the management forthwith without notice. This will be without prejudice to the right
of the management to take disciplinary action against you for the same.
Your appointment and its continuation is subject to your being medically fit and the management reserve
its right to ask you to undergo medical examination, as and when deemed necessary.
10. GOVERNING LAW AND JURISDICTION: -
This appointment letter shall be governed and construed in accordance with the laws of India. it is agreed
that any dispute of whatsoever nature between you and management will be subject to exclusive
jurisdiction of courts of Delhi whether they be civil courts, labour courts, industrial tribunals or any other
courts or authority of whatsoever nature. In case this offer of employment is acceptable to you, please sign
the duplicate copy of this letter and return to us as a token of your acceptance of the terms and conditions
of employment offered to you.
We are certain that your relationship with the company will create mutually beneficial results for our
better future.
All documents, papers and records of every kind (written or recorded), whether originals, copies or
reproductions and whether prepared by you or by others, relating to the business and finances of the
company shall be the sole and exclusive property of the company. You will not remove any of the above
materials and will not, at any time, give or disclose such materials to any unauthorized person, or
entity. Upon separation, you will return to the company all such materials including copies. The company
expects you to respect all matters which are intellectual property rights of your previous employer and
strongly discourages you to bring in to spice retail ltd. manuals, documents, papers, memos, and files etc.
which are classified. The company is recruiting you for your inherent experience, skills, knowledge and
attitude that you have exhibited at the time of selection process.
Yours Faithfully,
HR Head
Akchanch
I Have Read, Understood And Accept The Above Terms And Conditions Of My Appointment And Agree To
Faithfully And Sincerely Abide By The Same.
Signature of Employee: Ganeshkumar S Date: 12-Jun-2019
TRANSSION INDIA PVT. LIMITED
Regd. Office: Advant IT Park, Unit No. B-303, 3rd Floor, Tower B, Plot No-7, Sector-142, Noida-201301 U.P (India)
Phone: +91-120-6650888 | Fax: +91-120-6650886 | Email: tipl.in@transsion.com
CIN No.: U74999UP2016FTC085990
ANNEXURE – A
Compensation Plan
For
(Ganeshkumar S)
COMPONENT AMOUNT PER ANNUM
(In Rupees)
*Total Fixed Cost (TFC) R S . 414000 / T OTAL F IXED C OST (A NNUAL )
** Total Variable Cost (TVC) Rs . 46000 /Variable Cost (Annual)
Total Cost To Company (TCC) Rs. 460000/Total Cost (Annual)
*You Are Entitled to Draw Out Your Flexi Compensation Plan as Per the Company Policy.
**Based On Group, Business & Individual Performance as Per the Company Policy.
Other Than the Above, You Will Also Be Entitled for the Mediclaim Policy under the Group Mediclaim
Scheme for Yourself and Your Family Members
HR Head
Akchansh