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Employment Terms & Conditions

This document sets out the terms & conditions of your employment with NexWave Talent Management Solutions Pvt. Ltd (the COMPANY) as at the date as specified in your
offer letter including those terms & conditions required to be given to you in writing in accordance with applicable laws in India.

1. Deputation: You will be deputed to one of our clients location. Failure to report at the specified office on Date of Joining as specified in your offer letter shall be
deemed as "No-Show". In such an event, the offer stands cancelled and you shall be liable to pay one months salary as penalty to the company for the loss suffered
by the company.
2. Remuneration:
a. Salary: Your gross annual salary and compensation structure will be as mentioned in the Hire/offer letter for the first year of your Employment. Your salary,
subject to such deductions as are required by law and/or agreed between you and the COMPANY, is payable as specified in your offer letter.
b. Gross: You shall be paid a total salary as specified in your offer letter. Cost to Company (CTC) as specified is inclusive of your Basic salary and other monthly
allowances, Provident Fund and all other annual components. The employees base compensation is paid once a month and the pay calculation will be as per
clients policy and paid on or before 10
th
of the subsequent month, as per the prevailing policy of the COMPANY.
c. The Company shall not be responsible for any delays in salary payment caused by the late submission/approval of timesheet/attendance on your part.
3. Provident Fund: You will be entitled to the COMPANYs Provident Fund benefits (As per the EPF Act, 1952) subject to its rules.
4. Work Location: You will be based at our client location as specified in your offer letter.
5. Holidays & Leave:
a. Holidays: You will be eligible for the entire Clients Holiday list given such holidays are reflected in their monthly approved timesheet(s). There will be
declaration of certain number of holidays for festivals and certain nationally important days, the guiding principles being the laws of the land and local practice.
b. Leave: In addition to holidays as specified above, you are entitled to avail 1 (one) day Paid Leave per successful completion of 1 (one) Calendar Month at
Clients Place from the DOJ (Date of Join). This would be compensated and considered as paid leave only if NexWave HR receives an email confirmation with
Project Managers written email approval within 2 days of availing such leave, failing which it would be strictly considered as Loss-of-Pay (LOP).
i. Leaves cannot be en-cashed, however can be accrued.
ii. For >1 to <=2 days leave, Prior written Project Manager email approval and communicated to Nexwave HR within 2 days of availing such leaves.
iii. For >=2 to <=4 days leave, Prior written Project Manager email approval and communicated to Nexwave HR immediately once it gets an approval from
respective Project Manager.
iv. Any absence for 4 consecutive business days without Project Managers prior written permission/approval will be treated as un-authorized absence from
the work. In such a case, NexWave is entitled to terminate your services and/or seek compensation for any loss suffered by NexWave or its Clients due to
such an absence.
c. Unauthorized Absence: Any absence for two (2) consecutive business days without prior permission will be treated as un-authorized absence from the work. In
such a case, the Company is entitled to terminate your services and/or seek compensation for any loss suffered by the Company or its Client due to such an
absence.
6. Conflicts of Interest & Confidentiality:
a. Information pertaining to the COMPANY/CLIENTs operations shall remain a secret and safeguarded by you. On joining the COMPANY, a formal agreement to
effect non-disclosure of confidential information and intellectual property etc. shall be executed by you. Any Intellectual Property or Patents developed by you
during your service will be the property of the COMPANY/CLIENT. You will also keep us duly informed if you are bound by any confidentiality agreement with
any of your previous employers, in which case you shall keep us indemnified against any breach thereof by you. Similarly, after leaving the services of the
COMPANY, you shall keep confidential, any proprietary information and technologies, which you were involved with during your service with the
COMPANY/CLIENT and shall render yourself liable to damages and costs arising out of breach of such confidentiality.
b. During the tenure of your deputation with the COMPANY/CLIENT, you are debarred from undertaking any other employment either on full or part time basis
and shall not engage in any trade or business or contract or avocation, or honorary work anywhere, (whether or not such employment is paid), directly or
indirectly without prior permission of the COMPANY. Contravention of this condition will entail termination of your services with the COMPANY without any
notice.
c. You must not at any time during (except so far as is required for the proper performance of your duties) nor at any time after the termination of your
employment with the COMPANY communicate or divulge to any person (person shall include a firm or COMPANY or any other undertaking) or make use of or
permit any other person to make use of for your own or any other persons benefit any Confidential Information.
d. In the case of you being sent for training onsite by the client, you will be required to serve the client for a period of minimum 1 year from the date of
completion of the training program, failing which you will be liable to pay the cost of training to the client, as decided by the client
7. Deductions from Salary:
a. You agree that the COMPANY may at any time deduct, from your Salary or any other benefit payable to you, any sum including any over-payment of Salary,
which in the reasonable opinion of the COMPANY you owe to it whether by reason or any default on your part or otherwise at the time such deduction is made.
b. The company is obliged to deduct Income Tax at Source (TDS) as per applicable Income Tax Act/Rules. Accordingly you are required to submit all required
proofs of Savings /Investments and other details from time to time to enable the company to comply with the provisions of law, based on which your Income
Tax deductions will be calculated and deducted monthly.
c. Time Sheets: You need to fill timesheets/time log before the Clients billing cycle date and need to send for approval. Missing a day in timesheet/time log will be
considered absent and deduction will be done accordingly. Mail approvals from the Manager /Client, will not be considered valid to make payment.
8. Nature of Employment:
a. You shall be on probation for a period of 6 months from the date of your joining the organization. Permanent employment in the organization is considered
based on periodic reviews made and on satisfactory performance during probationary period. Your probationary period of employment shall come to an
automatic end on the completion of your probationary period unless otherwise communicated by a specific order of the management writing.
b. You will be deputed out of client location as specified in your offer letter. You will be governed by the rules and regulations of the Client which the Company
has agreed to abide by. This agreement of employment may be terminated by 1 (one) month notice on either side.
c. During the employment with the company, you are liable to be transferred from one job to another, one post to another, from one department to another,
from one location to another, from one shift to another and from one division / branch to another belonging to or managed/operated by the COMPANY or its
associates.
d. This agreement may be terminated by the COMPANY without notice under any of the following clauses:
i. If you become of unsound mind.
ii. If at any time you are prevented by illness or accident or other incapacity from properly performing your duties for a period of 15 consecutive days during
the course of the agreement.
iii. If you either commit any serious breach or (after warning) repeat or continue any material breach of your obligations under this Agreement or
persistently fail or neglect to carry out your duties under this Agreement or fail to maintain a satisfactory standard of conduct or performance within a
reasonable time after receiving written warning from the COMPANY/CLIENT relating to your conduct and/or performance.
iv. If you are guilty of fraud, dishonesty or conduct (whether or not in the course of your deputation) tending to bring yourself, the COMPANY/CLIENT into
disrepute or otherwise to affect prejudicially the interests of the COMPANY.
v. If you are declared bankrupt, compound with your creditors or enter into a voluntary agreement with your creditors or otherwise become unable to meet
your debts and liabilities as and when they fall due.
vi. If you are convicted of any criminal offence.
vii. If you commit an offence relating to insider dealing or are in breach of the rules of any authority or regulatory organization, which apply to you.
viii. If your performance is not found up to standards.

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e. The termination will not invalidate or affect any claim, which the COMPANY may have against you, nor will it invalidate or affect any terms or conditions of this
agreement, which are expressed to have continuing effect after the termination of your agreement, even if the COMPANY has breached any other terms of the
agreement.
f. On communication of the termination / resignation of your employment with the COMPANY, you will immediately give up to the COMPANY/CLIENT before you
are relieved all documents of the COMPANY/CLIENT including, correspondence, specifications, formulae, books, documents, cost data, market data, literature,
drawings, effects, computer disks, materials, equipment and other property of the COMPANY or any of its customers or company s in your possession and shall
not make or retain any copies or extracts of parts thereof.
g. On termination of your employment you shall resign without compensation for loss of office (but without prejudice to any claim you may have against the
COMPANY arising out of any breach of this Agreement by the COMPANY) from such offices held by you in the COMPANY and from any other offices you may
hold as nominee or representative of the COMPANY of and the COMPANY is irrevocably authorized by you to appoint some person in your name and on your
behalf to sign any documents and do any things necessary or requisite to give effect to such resignations.
9. Termination:
a. If the termination is initiated by the client, it will be affected with immediate effect.
b. If the termination is initiated by the COMPANY, it has entitlement of either giving 1 month notice or pay the basic salary in lieu of notice period.
c. If the termination is initiated by you, serving of 1 month notice is mandatory to enable smooth transition and knowledge transfer. No payment will be
accepted from the Employee under any circumstances in lieu of the Notice period. On the event of employee failing to adhere the above clauses and fail to
give 1 month notice, you will not be eligible for relieving documents.
10. Restrictions following termination:
a. Kindly ensure that the following documents/cards/passes are submitted to the concerned department before end day:
i. Access Card / Identity Card
ii. Bus Pass (If availed company transport)
iii. Any other utilities availed.
iv. Please note that the non-submission of any of the above would lead to appropriate deductions that would be done from the final payment. Therefore,
ensure to submit and clear all the related exit formalities before leaving Client Premises. No requests for refunds will be entertained once the deductions
for the same have been made.
b. Protection of Interest: If you conceive any new or advanced methods of improving process / formulae / systems in relation to the operations of the COMPANY,
such development will be fully communicated to the COMPANY and will be and remain sole right / property of the COMPANY.
c. Communicate to any person, concern, undertaking, firm or body corporate anything, which is intended to or which will or may damage the reputation or good
standing of the COMPANY.
d. You will not at any time following the Termination Date, save with the previous express written consent of the COMPANY, represent yourself as being in any
way connected with our interested in the business of the COMPANY.
e. If the COMPANY transfers all or any part of its business to a third party (the transferee) the restrictions contained in this clause 9 shall apply to you with
effect from you becoming an employee of the transferee as if references to the COMPANY include the transferee were construed accordingly and as if
references to companys were to companys of the COMPANY and/or the transferee.
11. Definitions:
In this Agreement the following words and expressions shall have the following meanings:
a. COMPANY shall mean the COMPANY or Directors of the COMPANY and, where the context so admits, the person to whom you directly report.
b. Competitor shall mean any person, firm or body corporate which competes with any business of the COMPANY of a kind carried on by the COMPANY at the
Termination Date in which you have been involved on behalf of the COMPANY at any time in the 12 months immediately preceding the Termination Date.
c. Confidential Information shall mean all information not in the public domain concerning the business and/or finances of the COMPANY or any other
customers, companys or suppliers of the COMPANY, which you shall have received or obtained at any time by reason of or in connection with your service with
the COMPANY including, without limitation: trade secrets: customer/company lists, contact details of companys customers and suppliers and individuals within
those organizations; technical information, know-how, research and development; financial projections, target details and accounts; fee levels, pricing policies,
commissions and commission charges; budgets, forecasts, reports, Interpretations, records and corporate and business plans; planned products and services;
marketing and advertising plans, requirements and materials, marketing surveys and research reports and market share and pricing statistics; and computer
software and passwords;
12. Changes: Please note that you are governed by all Rules and Regulations of the COMPANY, which are in force at any given time and the COMPANY reserves the
right to modify any of the terms and conditions of service from time to time, which shall be binding on you.
13. General: This Agreement is in replacement for all previous contracts of service or other arrangements relating to your contract by the COMPANY.
14. Laws of Agreement: Any dispute, difference, controversy or claim (Dispute) arising between the Parties out of or in relation to or in connection with this terms of
Employment, of the breach, termination, effect, validity, interpretation or non maintaining the secrete policy of Agreement or as to their rights, duties or liabil ities
there under, or as to any act, matter or thing arising out of, consequent to or in connection with this Agreement, shall be settled by the Parties by mutual
negotiations and agreement. If, for any reason, the Parties cannot resolve such Dispute amicably, the same shall then be referred to and settled by way of arbitration
proceedings by appointment of a sole Arbitrator by NexWave The decision of the Arbitrator shall be final and binding upon the Parties. The venue of arbitration
proceedings will be at Hyderabad, India. The language of the arbitration and the award shall be English.


We take pleasure in welcoming you to our Organization and look forward to a mutually beneficial association.

Wishing you all the best and welcoming you to NexWave family.



Manager HR Operations

Candidate Declaration

I confirm that I have read & understood the above terms and conditions, the implications thereof and am accepting the same. Also, I acknowledge that I have retained a
copy of the Terms and Conditions.

Further, I also accept that this Agreement is entered specially on the basis of the information given by me in the application and that in accordance with the Declaration
solemnly affirmed therein by me, my services are liable to be terminated without notice if at any time I am found to have concealed any material, information or having given
any false details.


Date of Joining: ..

Signature:

Name: