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Offer Letter - Princy Jenet

The document is an offer letter from AVA Software Pvt. Ltd. to Princy Jenet Lawrence for the position of Trainee Engineer. The letter details the terms of a 6-month internship with a monthly stipend of Rs. 10,000, after which she will become a Software Engineer with an annual CTC of Rs. 3 lakhs. The letter outlines the probation period, compensation, confidentiality requirements, roles and responsibilities, leave eligibility, health insurance, termination conditions, and other employment terms.

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0% found this document useful (0 votes)
987 views8 pages

Offer Letter - Princy Jenet

The document is an offer letter from AVA Software Pvt. Ltd. to Princy Jenet Lawrence for the position of Trainee Engineer. The letter details the terms of a 6-month internship with a monthly stipend of Rs. 10,000, after which she will become a Software Engineer with an annual CTC of Rs. 3 lakhs. The letter outlines the probation period, compensation, confidentiality requirements, roles and responsibilities, leave eligibility, health insurance, termination conditions, and other employment terms.

Uploaded by

princy lawrence
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
You are on page 1/ 8

Feb-21

Ms. Princy Jenet Lawrence


D/O:Lawrence,20/91-7(1),
Srilekshmipuram,Anjugramam,
Kanyakumari-401

Dear Princy ,

Thank you for your interest in AVA SOFTWARE Pvt. Ltd. Subsequent to our discussion with you, we
are delighted to extend you an offer to join AVASOFT. We believe you can play an important role in our rapid
growth and success and look forward to welcoming you to the AVASOFT family.

Position

You will be undergoing an internship with AVASOFT for a period of 6 months and you will be
designated as Trainee Engineer and will be paid a stipend of Rs.10,000/- per month subject to PF & ESI from
the date of joining. After successful completion of your internship you will be designated as Software
Engineer and your CTC would be Rs. 3/- Lakhs per annum (Rupees Three Lakhs only) is inclusive of basic
salary, HRA, medical and regular conveyance which is effective from the date of employment.

Probation

You will be on probation from your date of joining for a period of twelve months as Software
Engineer. You will continue to do so until the company confirms your services in writing, based on your
conduct and performance during this period meeting the standards of the company.

Compensation

Your total cost to AVASOFT will be Rs. 3/- Lakhs per annum (Rupees Three Lakhs only) subject to Tax
deduction. Further details are furnished in Annexure-1

AVA Software Pvt. Ltd.,


Bayline Infocity Limited, 1st Floor, Block 2, 33, Rajiv Gandhi Salai,
Navalur, Chennai - 600 130
Website: http://www.avasoft.com
Confidentiality and Non Disclosure

You are expected to maintain utmost secrecy in regard to the affairs of the company and shall keep
confidential all information , instruments, documents, etc relating to the company that may come to your
professional knowledge during your assignment With the company.

Conflict of interest Guidelines.

You shall diligently adhere to the following guidelines and policy of the company and to conduct its
affairs in strict compliance with the letter and spirit of the law and to adhere to the highest principles of
business ethics. Accordingly , you must avoid activities, which are in conflict, or give the appearance of being
in conflict, with these principles and with the interests of the company

Roles and Responsibilities

The roles, responsibilities and duties appropriate to your designation or your employment, will be
specified by Company from time to time. Company may at any time, in its sole discretion, upon notice to you,
alter or otherwise modify these roles, responsibilities and duties. Further, at any time, you may be required
to provide services, directly or indirectly, to Company and its affiliates and their employees, contractors and
clients. In view of the trust and confidence reposed in you, you must effectively perform to ensure results
and you will be expected to work extra hours to achieve the set targets, whenever the job so requires.

Working Hours

You are expected to comply with the normal working hours(discussed during the interview) as
declared by the Company or project requirements. You may be required to work on a shift basis. Company
may, at any time and its sole discretion, change the shift timings upon notice to you.

AVA Software Pvt. Ltd.,


Bayline Infocity Limited, 1st Floor, Block 2, 33, Rajiv Gandhi Salai,
Navalur, Chennai - 600 130
Website: http://www.avasoft.com
Leave Eligibility:

You are entitled to Leave benefits during your employement with the company. Annual Eligibility of
Earned Leave will depend on the length of service of the associate. Associates are also entitled to sick leave
and any associate shall be entitled to maternity/paternity leave and benefits specific to gender. Detailed
terms and conditions relating to leave eligibility is provided as relavant policies on the intranet. All these
policies are subject to change and you shall abide by the updated policies.

Health Insurance

The Company will insure you, your spouse and a maximum of 2 Children as dependents for
Hospitalization as per the policy for an amount of Rs.2,00,000/-per annum per individual. Details would be
made available on joining.

Termination & Recovery

(i) The Company may terminate this contract and the Employee s employment at any time

(ii) Upon termination of employment with the company, the Employee shall forthwith return to the
company all the assets and property of the company i.e., documents, files, books paper, memos, or any
other property of the company in your possession or under Employee control.

(iii) The employee shall commit to be in the employment of the company at least for a period of 24
months, considering the substantial expenditure incurred by the Employer Company in India and Overseas
towards training certification on Employee s account In case if any employee decides to resign any time
after the 1st month of internship/training Period without serving the 24 months service with us as a full-term
employee after completing 6 months internship, the Employee shall be liable to compensate the Employer a
sum of Rs. 1,50,000/- (Rupees One Lakh and Fifty thousand Only) to cover the loss incurred by the Employer
in recruiting/training Employee and also for similar expenses to be incurred by the Employer on another
person to be inducted as successor in the office and also considering disruption in continuity in the office,
failing which will lead to legal action.

AVA Software Pvt. Ltd.,


Bayline Infocity Limited, 1st Floor, Block 2, 33, Rajiv Gandhi Salai,
Navalur, Chennai - 600 130
Website: http://www.avasoft.com
(iv) Employee undertakes that he/she will not take up any other employment while he/she is under the
contract and further undertakes to obtain prior consent from the Company before taking up any other
employment.

(v) In case wherein the employee resigns within a period of 24 months from the date of Joining, the entire
amount of expenses reimbursed/buy out cost/Joining Bonus/relocation expense/Certification cost paid to
him/her will be recovered as part of the full and final settlement.

Non – Competition

(a) It is further acknowledged and agreed that following termination of the employee s employment
with the Company for any reason the employee shall not hire or attempt to hire any current employees
of Company.

(b) It is further acknowledged and agreed that following termination of the employee s employment
with the Company for any reason the employee shall not solicit business from current clients or clients
who have retained the Company in the years period immediately preceding the employee s
termination.

Notice Period

The employee may terminate the contract of employment by giving 3 months written notice to the
Company The waiver of notice period fully or partially is at the Company s sole discretion However,
Company will also be entitled to terminate the contract of employment without assigning any reasons
thereof.

Pre-Employment Screening:

The employment offer is contingent upon the satisfactory outcome of the pre-employment screening
activities(including background checks, reference check of former employment/s or such other checks as
may be deemed right by the company). Please be advised that company s policy provides that
misrepresentation of an individual s qualifications, credentials etc in securing employment at the company
may be grounds of dismissal with immediate effect.

AVA Software Pvt. Ltd.,


Bayline Infocity Limited, 1st Floor, Block 2, 33, Rajiv Gandhi Salai,
Navalur, Chennai - 600 130
Website: http://www.avasoft.com
Professional Ethics:

As an organistion which believes in professionalism and performance every employee will be


expected to uphold professional ethics when dealing with company s money, material, documents and
assets, and violation of the Company s code or leakage of the Company s trade business secrets that is
directly or indirectly attributable to the concerned person. If you are found guilty , at any point of time , of
moral turpitude or dishonesty in dealing with the Company s money, material or documents or of theft of
misappropriation regardless of the value involved, your services would be terminated with immediate effect,
notwithstanding other terms and conditions mentioned in this letter. Also you would be liable to pay the
damage quantified by the Company for breach of any terms and conditions mentioned in this letter. You shall
not divulge, communicate or pass on any information, secrets which you may come to possess as a result of
your employment with the company to any outsider or to anyone not employed by the company. Company
information on devices, media, social media, e-mail, fax, printout or photos need to be handled with strict
confidentiality. You shall not communicate, in any manner, any information regarding your
remuneration/terms of employment to any other employee of the company except your immediate superior.
Indulgence in such activities or any violation of this norm shall lead to termination of your service
immediately and will be taken proper legal actions.

AVA Software Pvt. Ltd.,


Bayline Infocity Limited, 1st Floor, Block 2, 33, Rajiv Gandhi Salai,
Navalur, Chennai - 600 130
Website: http://www.avasoft.com
Dispute

Any dispute that arises between parties will be referred to the Sole Arbitrator appointed by the
Employer and the same is governed by the Arbitration and conciliation Act 1996. Any dispute between us
and employee will be handled in Chennai courts only.

Upon joining you will be expected to follow the Employment terms and conditions document with
us which will outline the basic expectations from employees.

Kindly sign the copy of this letter as a token of your acceptance and return it to the undersigned on
or before 18th Feb 2021.

Sincerely,

______________________

Anthea Vicky

Human Resources

AVA Software Pvt. Ltd.,


Bayline Infocity Limited, 1st Floor, Block 2, 33, Rajiv Gandhi Salai,
Navalur, Chennai - 600 130
Website: http://www.avasoft.com
Compensation Break Up

Name Princy Jenet Lawrence

Designation Trainee Engineer

A – Base Component Monthly (Rs.) Annual (Rs.)

Basic 15000 180000

HRA 7500 90000

Total of A 22500 270000

B – Basket of Allowances

Medical Allowances 700 8400

Total of B 700 8400

C- Retirals

Provident Fund 1800 21600

Total of C 1800 21600

Total (A+B+C) 25000 300000

For AVA SOFTWARE Pvt. Ltd., To AVA SOFTWARE Pvt. Ltd.,

_____________________ ________________________

Anthea Vicky Princy Jenet Lawrence

Human Resources Trainee Engineer

AVA Software Pvt. Ltd.,


Bayline Infocity Limited, 1st Floor, Block 2, 33, Rajiv Gandhi Salai,
Navalur, Chennai - 600 130
Website: http://www.avasoft.com

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