Beruflich Dokumente
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This Agreement has been entered into on the 21st day of July, 2019 by and between:
M/s. Organic Partners, Sole proprietor Company, having a Brand called “The Farmers
Stores” incorporated under the Companies Act, 2013, having its registered office at
unless repugnant to the context thereof, be deemed to include its respective legal heirs,
AND
Mr. Vishwamithran Kuthath Jayan aged about 34 years, residing at No: 207 A Park Street
Calcutta 17 hereinafter referred to as the “Employee” (where such expression shall, unless
repugnant to the context thereof, be deemed to include its respective legal heirs,
And the Employer and Employee shall be individually referred to as ‘Party’ and
WHEREAS
1. The Employer is in business of supplying organic products around the world. Based
on its efficacy and market reputation employee approached Employer and shown its
effectuate the exit of the employee from the Company, the Parties have agreed to
record all the terms and conditions governing the terms of their exit in this agreement.
3. The Employee’s last working day with the Employer was on ___________.
4. If any dispute arises between the parties hereto during the subsistence of this
shall be referred to a sole Arbitrator mutually appointed by the parties. The place and
by the Arbitration & Conciliation Act, 1996. The arbitration proceedings shall be in
1. The Employee shall not engage in any business or activity that is of a competing
nature with Employer for the period of one year, which includes employment with
another company or legal entity in the same or similar business as the Employer,
establishment of a new company or legal entity in the same or similar business as that
of the Employer, or enter into or be privy to any contractual arrangement under which
2. The Employee shall not share, divulge or disclose any information about the
3. Employee has surrendered to the Employer all paper and electronic copies of all
letters, memoranda, documents, records, correspondence and other material that is the
property of the Employer and connected to the business of the Employer. The
Employee has also surrendered to the Employer all other tangible property of
Employer, including keys, products, charge cards, telephones, pagers, computer and
4. The Employee shall not engage in conduct or make statements relating to their
5. The Employee shall not share, divulge, or disclose the provisions of this Agreement
required by law.
6. The Employer shall agrees to pay as base settlement amount the sum of INR 50,000/-
(Rupees Fifty Thousand Only) per month due and payable on or before the 15th day
of every month in 7 instalments. The employer will directly transfer the money from
7. The Employee agrees that pursuant to this settlement amount he shall not have any
Post settlement of accounts, the employee shall not have any claims against the
demands against the Employer and its employees, agents, partners, shareholders,
9. The Employee has had the opportunity to consult with their lawyer and is aware of
their legal rights, but knowingly and voluntarily waives those rights to the extent
The Employer and Employee agree that in the event of any breach of this Agreement or
default hereunder; the injured party has the right to pursue any legal action available to enjoin
the breaching party from further injurious conduct and/or to recover from the breaching party
PARTIES HERETO THE DAY, MONTH AND YEAR FIRST ABOVE WRITTEN
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EMPLOYER EMPLOYEE