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CEO Appointment Sample Letter

This document is an appointment letter offering the position of Chief Executive Officer to [Staff Name]. The letter outlines 15 terms and conditions of employment including: a total salary package of [Salary] per month, place of posting as [location], a probationary period of up to 6 months, 30 days of annual leave, entitlement to an annual return air ticket after 1 year of service, group medical coverage, and a notice period of 1 month for termination. The appointment is subject to satisfactory references, medical fitness, and obtaining necessary visa and work permits.
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67% found this document useful (3 votes)
3K views2 pages

CEO Appointment Sample Letter

This document is an appointment letter offering the position of Chief Executive Officer to [Staff Name]. The letter outlines 15 terms and conditions of employment including: a total salary package of [Salary] per month, place of posting as [location], a probationary period of up to 6 months, 30 days of annual leave, entitlement to an annual return air ticket after 1 year of service, group medical coverage, and a notice period of 1 month for termination. The appointment is subject to satisfactory references, medical fitness, and obtaining necessary visa and work permits.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

[Date]

Ref:

[Staff Name]
[Address]

Appointment Letter

We are pleased to appoint you as CEO with the following terms and condition:

1. Job Title and Description- You will be employed in the position of Chief Executive
Officer.

2. Salary Break up- You will be given a Total Salary of [Salary], [Salary in Words] per
month. The salary structure is as follows

a. Basic Salary ___________


b. Accommodation Allowance ___________
c. Transportation ___________

Salary will be revised to _______ based on performance and KPI completion during the
probationary period. Increment as per Organizational policy, based on performance
appraisal.

3. Place of posting- [location]. Your job is transferable between any of the Units / Sister
Concerns of the Organization/Group.

4. Working Hours- 48 Hours per week as per the Labor Law.

5. Contract Type- The term of this Contract shall be unlimited and the Employee shall
be a full time employee. After the Probationary Period, each Party may terminate this
Contract by providing 30 days written notice of intention to terminate the Contract to the
other Party.

6. Probationary Period- Upto 6 months as per the Labor Law.

7. Annual Leave- 30 Calendar Days, on completion of a years’ service period. Annual


Leave is credited/accrued at the beginning of the calendar year/or first day of employment.
The Employee shall be entitled to 30 calendar days’ leave per annum to be calculated on a
pro-rated basis where the Employee commences/leaves employment part way through the
annual leave year. Leave may be taken only after six (6) months of joining the company, any
leave taken within six (6) months of joining will be unpaid leave. In addition, the Employee
shall be entitled to national holidays as declared for the private sector by the government, or
days in lieu where the Company requires the Employee to work on such national holidays.
Remuneration for annual leave pay out shall be paid as per Company’s policy

8. Air Passage- You will be entitled to an annual return air ticket to employee’s home
country after completing 1 year of the service. The contribution for Air fare will be as per the
agreed rate card which will be reviewed periodically.

9. Medical Insurance- Group Medical Coverage for self.


10. You will abide by all the rules and regulations of the Organization, which shall be
modified /changed by the Management from time to time.

11. You will not be permitted to work anywhere else on part time / full time basis or seek any
other employment, so long as you remain an employee of the organization.

12. The Contract is subject to receipt of satisfactory references, you being found medically fit
for employment and your application for residence visa and work permit being accepted by
the authorities.

13. The Organization reserves the right to refrain you from taking up job with a competing
organization in [Country Nam] for a period of two years without our written consent, during or
after the contract period in accordance with the Labor Law.

14. Notice period for termination of service before the contract period shall be one month
from the employee and employer’s side. Management reserves the right to relieve you
immediately on receipt of the resignation notice without paying any compensation.

15. Any employee terminating the Employment before the end of 12 months of service, will
be required to compensate/ reimburse one month’s gross salary to the company. This is
required to offset the costs incurred by the company on the on boarding including the
Recruitment fees, Air fare, Licensing Fees, Advertisement Cost, Uniform, medical insurance
Cost etc.”.

Please sign and return the copy of this letter as token for your acceptance of the Appointment and the
terms and conditions.

The employment is confirmed in writing only after satisfactory completion of the Probation Period.

For [Company Name],

[CEO Name]
Chief Executive Officer

I hereby accept the appointment and the above-mentioned terms and conditions.

[Staff Name]
Date:

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