外籍员工的劳务合同.docx

外籍员工的劳务合同.docx

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外籍员工的劳务合同

[ExecutionCopy]

20thDecember,2011

EmploymentContract

Dated:

December20th2011

Between

COLOSSUSGROUPINDIACO.LTD

And

Mr.BipinDeshpande

GlobalJurix

（AdvocatesandSolicitors）

EmploymentAgreement

ThisAGREEMENTmadeonDecember20,2011betweentheColossusGroupIndiaCo.,LtdacompanyregisteredunderCompaniesAct1956andhavingitsregisteredofficeatPuneIndiahereinaftercalledthe“COMPANY”,whichexpressionshallunlessrepugnanttothecontextormeaningthereof,meanandincludeitssuccessorsandassignsoftheonepartand

Mr.BipinDeshpandeaged38yearsresidentofFlatNo.208,Mahalaxmi,VasantKamalVihar,BehindOldWarjeNakaWarje,PUNE–411052.hereinaftercalled“THEEMPLOYEE“,whichexpressionshallunlessrepugnanttothecontextormeaningthereofmeanandinclude,hisheirs,executors,administrators,andassignsontheotherpart.

WHEREAS,

TheCOMPANYiscarryingonthebusinessofengineering,manufacturing,marketing,sales,andserviceofmechanicalseal,sealsystem,pumpandcoupling.

Onprocessingtheapplicationandonthebasisofinterview,theCOMPANYfoundtheEMPLOYEEadequatelyqualifiedforthepostandofferedtoappointhimasRegionalManagerintheCOMPANY.

TheEMPLOYEEhasacceptedthesaidappointmentonthetermsandconditionshereinaftersetout.

NOWTHEREFOREINCONSIDERATIONOFTHEMUTUALOBLIGATIONSANDUNDERTAKINGSCONTAINEDHEREINTHISAGREEMENTWITNESSETHASFOLLOWS:

1.Employment

1.1TheCompanyshallemploytheEmployeeonthepositionofRegionalManagerinPuneIndia.Assuch,theEmployeeshallbesubjecttothedirectionandcontroloftheBoardofDirectorsoftheCompany（"theBoard"）,orsuchpersondesignatedbytheBoard.TheEmployeeshallperformhisfunctionsassignedtohimwithalltheauthoritynormallypossessedandexercisedinsuchapositionandshallperformsuchotherdutiesandfunctionsasshallbereasonablyprescribedfromtimetotimebytheBoardofDirectorsoritsdesignate.TheEmployeecanbetransferredtoonesectionfromothersection,fromonedepartmenttootherandfromoneshifttoanotherkeepinginviewtheexigencyoftheworkwithoutanynotice.

1.2TheEmploymentwiththeCompanyshallcommenceon1stJanuary2012（the"CommencementDate"）andcontinueuntilterminatedinaccordancewiththetermination/resignationprovisionscontainedherein.

1.3ThePlaceofEmploymentshallbeattheCompany’sprincipaloffices/BranchOfficeinPune,India.ButthecompanyreservestherighttotransfertheEmployeeatanyotheratoffice/branchasandwhenrequiredbythecompany.

1.4TheEmployeewillbeplacedonprobationforaperiodofsixmonthsandthesaidperiodcanbeextendedbyanotherthreemonths,atthesolediscretionoftheCompany.Ontheexpiryoftheperiodofprobationorextendedperiodofprobation,ifnotconfirmedinwriting,Employee’sservicesshallbedeemedtohavebeenautomaticallyterminated.However,unlessEmployeehasbeenconfirmedinwriting,heshallnotbedeemedtobepermanentemployeeoftheCompany

1.5Duringprobation,eitherofthepartymayterminatetheemploymentbygivingnoticeinwritingnotlessthan15dayssubjecttootherprovisionsofthisagreement.

1.6Byorbeforetheendofthesix-monthprobationaryperiod,dependingontherecommendationsoftheimmediatesupervisor/manager,EmployeewillbecomearegularEmployeeofthecompanyentitledtoallcompanybenefitsandprivilegesenjoyedbyregularEmployees.

2.WorkScheduleandEmployee’sduties

2.1Employeeshallrenderaminimumofeight（8:

00）hoursofworkperdayfrom9:

00amto6:

00pmwithone

（1）hourbreakandworkatleastfive（5）daysperweek.ItisunderstoodthatEmployeeisbeingemployedwithalevelofconfidenceanddegreeofresponsibilitythatmayfurtherrequirehimtorenderworkbeyondnormalbusinesshourstocompetentlyperformthedutiesofhisposition.DetaileddutiesfindAnnerure-1.

2.2IncasethedemandsofthebusinessortheCompanywouldrequireEmployeetoworkmorethanhisregularworkschedule,hemayberequiredtorenderovertimework.OvertimeworkisnotcompensableformanagerialEmployeesunlessotherwisedeclaredbymanagement.Allowancesformealortransportationwillbeprovidedonacase-to-casebasisinaccordancewithcompanypolicies.

2.3Employeeagreesthat,hewillatalltimefaithfully,industriouslyandtothebestofhisability,knowledge,experienceandtalents,performallofthedutiesthatmayberequiredofandfromhimpursuanttotheexpressandimplicittermsofthisAgreement,tothereasonablesatisfactionofCompany.Suchdutiesshallberenderedingoodfaithrequireorastheinterestneeds,business,oropportunityofCompanyshallrequire.

2.4TheEmployeeshallcomplywithallstatedstandardsofperformance,policies,rules,regulationsandmanuals,asmaybeprescribedandissuedbythecompanyfromtimetotime.TheEmployeeshallalsocomplywithsuchfutureCompanypolicies,rules,regulations,performancestandardsandmanualsasmaybepublishedoramendedfromtimetotimebythecompany.

2.5ThatthesaidEmployeeshallnot,duringtheperiodofthisAgreement,workdirectlyorindirectlyinanytradeorbusinesseitherasemployer,employeeorpartneroradvisororinanyothercapacitybywhatevernamecalled.

2.6ThatthesaidEmployeeshallbejustandfaithfultotheCompanyinallmattersandshallnotatanytimeexceptunderlegalprocess,divulgetoanypersonwhosoeverandshallusehisbestendeavorstopreventthepublicationordisclosureofanytradesecretorsoftwaredevelopmentprocessoranyinformationconcerningmanagementdecisionoftheCompanyorofitsdealings,transactions,oraffairswhichmaycometohisknowledge

3.Obligationsandresponsibilitiesoftheemployee

3.1Employeeagreesthatduringthetermofhisemploymentandfromandevenafterthetermination/actualcessationofhisemploymentwiththeCompany,heshallatalltimesmaintainstrictconfidentialityandshallnotdiscloseanytechnical,business,financialorcommercialinformation,methods,processes,inventions（whethercoveredbyintellectualpropertyprotectionornotorwhethermarkedconfidentialornot）includingbutnotlimitedtocustomers,customerlistsorrequirements,pricelists,pricingstructures,marketingandsalesinformation,businessplansordealings,Employeesorofficers,financialinformation,productlinesresearchactivities,plansdesigns,formulaewhetherauthoredbyEmployeeorotherwise–tosuitEmployee’spurposeorthoseofanyotherperson,company,businessentityorotherorganizationwhatsoever.

3.2TheEmployeeshall,immediatelyuponexecutionofthisAgreement,makefullwrittendisclosuretotheCompany,shallholdintrustforthesolerightandbenefitoftheCompany,andherebyagreestoassigntotheCompany（oritsdesignee）,inwritingattherequestoftheCompanyfromtimetotime,alltheEmployee’sright,titleandinterestinandtoallinventions,originalworksofauthorship,development,concepts,improvementsortradesecrets,whetherornotpatentableorregistrableunderpatentorcopyrightorsimilarlaws,whichtheEmployeemaysolelyorjointlyconceiveordeveloporreducedtopractice,duringtheEmploymentPeriod（collectivelyreferredtoas“Inventions”）,excepttotheextentprohibitedorlimitedbylaw.TheEmployeefurtheracknowledgesthatalloriginalworksofauthorshipwhicharemadebytheEmployee（solelyorjointlywithothers）withinthescopeofandduringtheEmploymentPeriodoftheEmployee’semploymentwiththeCompanyandwhichareprotectablebycopyrightare“workmadeforhire”underapplicablelaw（s）.

3.3PatentandCopyrightRegistration.TheEmployeeshallassisttheCompany,oritsdesigneeattheCompany’sexpense,ineveryproperwaytosecuretheCompany’srighttheretointheInventionsandanycopyrights,patentsorotherintellectualpropertyrightsrelatingtheretoinanyandallcountries,includingthedisclosuretotheCompanyofallpertinentinformationanddatawithrespectthereto,theexecutionofallapplications,specifications,oaths,assignmentsandallotherinstrumentswhichtheCompanyshalldeemnecessaryinordertoapplyforandobtainsuchrightsandinordertoassignandconveytotheCompany,itssuccessors,assignsandnomineesthesoleandexclusiverightsandthetitleandinterestinandtosuchInventions,andanycopyrights,patentsorotherintellectualpropertyrightsrelatingthereto.TheEmployee’sobligationtoexecuteorcausetobeexecutedatthecostoftheCompany,whenitisinthepoweroftheEmployeetodoso,anysuchinstrumentorpapersshallcontinueaftertheexpirationorterminationoftheEmployee’semploymentwiththeCompany.

3.4EmployeeshallnottakeoutofCompany’spremisesanyinformation,technical,financial,salesoranyotherplans,charts,drawings,codesandothermaterialscontainingtechnicaldataandinformationunlesswiththepriorwrittenconsentorpermissionoftheCompany.

3.5EmployeeacknowledgesandagreesthatknowledgeandexperienceacquiredduringemploymentattheCompanyshallbeusedexclusivelyinthefurtheranceofthebusinessoftheCompanyandnotinanywaydetrimentaltoit.

3.6UponthecessationofhisemploymentwiththeCompanyforwhateverreason,EmployeeshalldeliverpromptlytotheCompanyallbooks,documents,materialsandotherpropertyoftheCompanythatareinhispossession,charge,controlorcustodyandshallnotkeepcopiesofthesame.

3.7TheEmployeeshallnot,directlyorindirectly,eitherduringthetermoftheEmployee'semploymentunderthisAgreementorforaperiodofOne

（1）yearthereafter,solicit,directlyorindirectly,thes