EMPLOYMENT (PROBATIONERY) AGREEMENT

THIS AGREEMENT made and entered into this on Monday, 04th June 2018 by and between
LS Cable & System Ltd.
Bangladesh Project Branch Office at
H#592, 1st Floor, Road No# 08 (new), Avenue#05,
Mirpur DOHS, Dhaka-1216.
(Hereinafter called “Employer”)
And
Sanjay Pandey
Cell# +919205866172
(Hereinafter called “Employee”).

EMPLOYER employs EMPLOYEE, and EMPLOYEE accepts employment by EMPLOYER, on the

following terms and conditions.

WITNESSETH
Article 1. EMPLOYMENT

(a) EMPLOYER hereby employs EMPLOYEE, and EMPLOYEE hereby accepts

employment upon the terms and conditions hereinafter set forth.
(b) EMPLOYEE represents that he/she is legally and factually, free to enter into this
Agreement and to comply with all conditions contained in this Agreement.
(c) EMPLOYEE shall work at each site that EMPLOYER will be assigned. However, at
any time that EMPLYOER regards it as necessary for the purpose of its business,
Employee may be required to work at the place or places where EMPLOYEE may
be directed by EMPLOYER, on a temporary basis.

Article 2. SERVICES OF EMPLOYEE

(a) EMPLOYEE shall perform all duties incident to his/her employment and
devote the whole of his/her working time, attention and abilities exclusively to
the business of Employer as a title of Assistant Jointer.
(b) EMPLOYEE shall work exclusively for EMPLOYER and shall engage in any
business activities in competition with EMPLOYER’s business.
(c) EMPLOYEE shall not disclose to any other person, party or entity-any
business, financial, technical or other information of EMPLOYER of a
confidential nature during the term of this Agreement and thereafter.
(d) EMPLOYEE will be instructed in detail separately for the duties and
responsibility by Employer and Employee shall obey all applicable law and the
rules and policies of Employer.

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Article 3. WORKING TIME

Working time shall be from 08 a.m. to 05 p.m. during the weekdays (Saturday to Thursday)
and Friday is Public holiday. However, the time span may shift throughout the day
depending on the management decision.

Provided that, considering the situation demand, the working time may be extended, by
mutual understanding, to night or holiday without additional compensation.

Article 4. HOLIDAYS

EMPLOYEE shall have all local official holidays as per Bangladesh Govt. Policy.
The off-duty leave may be determined by EMPLOYER.

Article 5. SALARY & WAGES

(a) Employer shall pay BDT 40,000.00 as gross salary for a month. Details of
Employee`s Salary breakup with components are as per Annexure-I.
(b) Taxes on SALARY/ WAGES and other benefits will be on Employee’s own
account. However, TDS (Tax Deducted at Source) will be deducted and
remitted to the appropriate authority in accordance with the provisions of the
Income Tax Ordinance 1984.

Article 6. RELATIONSHIP BETWEEN THE PARTIES

The relationship between the parties is that of EMPLOYER and EMPLOYEE. EMPLOYEE is
not authorized to nor shall be enter into agreements, make contracts, issue guaranties,
make commitment or do any other act which will bind, obligate or render EMPLOYER liable
to any person, firm or corporation in any manner without the prior written approval of
EMPLOYER in each instance.

Article 7. TERM OF THE AGREEMENT

(a) This agreement shall be valid for a period of 1 (One) month from 04th June 2018 to
03rd July 2018. Notwithstanding this, in event of the project/works, for which
Employee is recruited, comes to an end before the aforementioned period, this
agreement shall be co-terminus with the end of the project/works.
(b) This Agreement may be extended for a successive period by the mutual consent of
the parties by written agreement.
(c) The terms and conditions of employment may be changed subject to the working
condition.

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Article 8. TERMINATION

(a) EMPLOYER may terminate the Agreement for any justifiable cause. For the purposes of
this Paragraph 8. (a), “justifiable cause” for termination shall be deemed to exist-
1) upon a material failure or refusal of EMPLOYEE to perform his assigned duties for
EMPLOYER or a refusal to follow the directions of EMPLOYER,
2) upon a material, serious or repeated breach by EMPLOYEE of the terms of the
Agreement,
3) upon dishonesty, gross negligence or willful misconduct of EMPLOYEE,
4) upon EMPLOYEE’s engagement in any conduct that is likely to bring EMPLOYER
into disrepute or to prejudice the interests of EMPLOYER, or
5) upon EMPLOYEE’s conviction for any serious offense (whether or not related to
his services for EMPLOYER)
(b) This Agreement may be terminated by either party by giving 1 (One) week (7 day) prior
written notice or Salary instead of notice to the other party.
(c) This Agreement may be terminated by either party immediately upon written notice,
provided that the other party at any time breach any term and/or condition of this
Agreement. Such termination shall not be affect any rights and obligations which have
accrued to either party up to the date of such termination.
(d) EMPLOYER may terminate this Agreement immediately without one week’s prior written
notice and any additional payment if EMPLOYEE has any caution and warning letter
under Paragraph Article 8. (a) over THREE(3) times.

Article 9. DAMAGE

9.1 Punishment
9.1.1 The following cases will result in punishment:
 When EMPLOYEE causes injury to EMPLOYER or other employees
including the supervisor.
 When EMPLOYEE violated the regulation rule and notice of EMPLOYER or
behaves wrongly.
 When EMPLOYEE is so careless and ignorant to issue instruction, which
causes a serious error on the part of his/her subordinate.
 When EMPLOYEE makes frequent absence, late and early leaving, salary
cut per days and if over 5 (Five) days in a month, salary cut of whole salary
of a month
 Committing any other action or omission which is harmful to the business
or reputation of EMPLOYER.

9.1.2 The punishment for the cases mentioned in (9.1.1) will be done two or more
of the followings:
 Reprimand

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  Salary cut
 Stoppage of salary increase
 Dismissal

9.1.3 If EMPLOYEE makes error intentionally or carelessly and causes damages to

EMPLOYER, EMPLOYEE shall be liable to compensate the damage which
EMPLOYER sustained in addition to the punishment mentioned in the
preceding (9.1.2)

9.1.4 If EMPLOYEE causes damages to items intentionally or carelessly that

EMPLOYER provided, EMPLOYEE shall be liable to compensate the
damage and EMPLOYER will deduct all damage amount from EMPLOYEE
`s salary.

9.2 Commendation
9.2.1 After screening cases, EMPLOYER, may praise the remarkable contribution
of EMPLOYEE, when EMPLOYEE gives a distinguished service which will be
good patterns for other employees.
9.2.2 The commendation mentioned in the preceding (9.2.1) will be one or two
times combined, or all of the following:
 Awarding of certificate of merit
 Awarding of gift
 Other reasonable benefits

Article 10. ARBITRATION

All disputes, controversies, or differences which may arise between the parties, out of or in
relation to or in connection with this agreement or for the breach hereof, shall be finally
settled by arbitration in Dhaka in accordance with the commercial arbitration rules of
Bangladesh. The award rendered by the arbitrator (s) shall be final and binding upon both
parties concerned.

Article 11. APPLICABLE LAW

This agreement is subject to and shall be constructed and interpreted under the laws of
Bangladesh.

Article 12. ASSIGNMENT

This agreement is personal in its character, and any attempt by either party to assign or
transfer the same without the prior written consent of the other party shall be void and shall
constitute a breach hereof.

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Article 13. ENTIRE AGREEMENT
No oral explanation or oral information by either party hereto shall alter the meaning or
interpretation of this agreement. No modification, alternation, addition or change in the
terms hereof shall be binding on either party hereto unless reduced to writing and duly
executed by and authorized officer of each party.

IN WITNESS WHEREOF, EMPLOYER has caused this instrument to be signed by its duly
authorized officer and EMPLOYER has hereunto set his hand the day and year first above
written.

EMPLOYER SIGNATURE EMPLOYEE SIGNATURE

(With Agreed Terms and Conditions)

Date: Date:

________________________ ________________________
SANJAY PANDEY
LS Cable & System Ltd.
Bangladesh Project Branch Office.

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 Annexure-I

SALARY BREAK UP DETAILS

FOR
SANJAY PANDEY

Particulars Amount/Month (BDT)

Basic Salary 25,000.00
H.R.A. 10,000.00
Medical Allowance 2,500.00
Conveyance Allowance 2,500.00
Total 40,000.00

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