Appointment Letter
Dear RAHUL KUMAR MAHTO
Congratulations! We take immense pleasure in appointing you a position as Brand Promoter at
Channelplay Limited.
We welcome you to be part of this close knit family. You are joining a group of colleagues who are
smart, passionate about what they do, and have impeccable integrity. We are all in this together to
learn, to perform, and to grow; both as individuals and professionals. Over time, as you prove that
you share the above values with us, we assure you a phenomenally rewarding career.
We hope your decision to work with us is just the beginning of a wonderful mutually enriching
experience.
The details of your employment are as follows.
Full Name RAHUL KUMAR MAHTO
Employee Code 268715
Designation Brand Promoter
City Ranchi
Grade/Band N1/Band 1
Type of Employment Contractual
Term of Employment 01-03-2023 to 31-03-2023
Fixed Annual Cost to Company 167196
Annual Performance Linked Variable Pay 0
Total Cost to Company 167196
Notice Period 14 days
Other Perks Expense reimbursements as per policy -
Channelplay Executives & Sr. Executive Policy
Life, Disability & Medical Insurance
Please refer to the following pages for important details about your employment. It is mandatory
that you read them and acknowledge your acceptance below for this offer of employment to be
considered valid.
Annexure 1 to Appointment Letter: Compensation Details
Annexure 2 to Appointment Letter: Terms & Conditions of Employment
Once again, congratulations! We look forward to you building an awesome career with us.
Sincerely, Appointment Accepted with Terms & Conditions:
Authorised Signatory Signed: RAHUL KUMAR MAHTO
Channelplay Limited Date: 3/3/2023
Annexure 1 to Appointment Letter: Compensation Details
Heads Monthly Annual
1 Emoluments
A Basic Pay 8579 102948
B Bonus 715 8580
C House Rent Allowance 3121 37452
D Special Allowance 0 0
2 Company Contributions
E Provident Fund 1029 12348
F Employee State Insurance 403 4836
G Govt Operational Charges 86 1032
3 Employee Deductions
I Provident Fund 1029 12348
J Employee State Insurance 93 1116
K Medical & Life Insurance* 293 3516
4 Gross Pay (A+B+C+D) 12415 148980
5 Fixed CTC (4+E+F+G) 13933 167196
6 Net Take Home (4-I-J-K) 11000 132000
7 Variable 0 0
8 TCTC (5+7) 13933 167196
Sincerely, Appointment Accepted with Terms & Conditions:
Authorised Signatory Signed: RAHUL KUMAR MAHTO
Channelplay Limited Date: 3/3/2023
Annexure 2 to Appointment Letter: Terms and Conditions of Employment
1. Duties and Responsibilities
You shall work in the best interest of the company. Your duties include, but are not limited to
the following:
1. Working within company's Code of Conduct and operative policies as laid down from time to
time. The company has clearly stated policies on working hours, leave, transfer,
reimbursement, usage of company's assets, rights to raise purchase requests from vendors
etc. You shall follow them in letter and spirit.
2. Diligently completing Jobs/Tasks assigned to you by your supervisor or management.
3. Participating in the growth of the company by taking initiative in bringing opportunities,
reducing wastage of money or resources, giving suggestions to improve the working
environment.
4. Not engaging in any other work activities not sanctioned by the company including any kind
of freelancing, part time or fulltime employment from any other entity during the period of
your tenure with the company.
2. Confidentiality
You shall not at any time or in any manner, either directly or indirectly, divulge, disclose or
communicate to any person, firm, corporation, or other entity in any manner whatsoever, any
information concerning any matters affecting or relating to the business of employer, including
but not limited to any of its customers, the prices it obtains or has obtained from the sale of, or
at which it sells or has sold, its products, or any other information concerning the business of
employer, its manner of operation, its contractors for procurement of its product, its plans,
processes, employee details, sales figures, profit margin, website functioning, development tools,
software know-how, government authority proceedings or other data without regard to whether
all of the above-stated matters will be deemed confidential, material, or important. You shall also
not disclose any knowledge, information, trade secrets, strategies, business plans, and business
models of the employer or its customers gained or accessed during the tenure of his/her
employment with the employer or/by attendance in a workshop, training, presentation organized
by the employer or vendors, clients or partners of the employer.
For the purpose of avoidance of doubt, any information that has not been explicitly put in the
public domain by the employer or its client or any government authority is to be considered
confidential information. This clause is applicable in perpetuity and has no expiry period.
3. Intellectual Property Rights
Any process, strategy, solution, drawing, design, copyright, patent, trademark or the like
developed by you in the course of your employment with the company shall be the sole property
of the company. Any modification or amendment to such process, strategy, solution, drawing,
design, copyright, patent, and trademark shall also always be the sole property of the company.
In case the company at any time applies for the registration of such process, strategy, solution,
drawing, design, copyright, patent, trademark, you shall extend your full support and cooperation
for the same.
4. Probation Period
You will be on probation for a period as mentioned on the appointment letter starting from the
date of your joining. Upon satisfactory completion of probation period, your services will stand
confirmed, subject to a formal written approval from the authorized representative of the
company. Your probation period may be extended for such period as may be deemed fit by the
management of the company and such extension, if any, shall be binding upon you. During the
probation period, either party may terminate this employment by serving a written notice period
as indicated on the appointment letter as well.
5. Compensation & Reimbursement of Expenses
During the tenure of your employment the company shall pay you a salary as described in
Annexure-1. Your compensation package may be revised periodically based upon your
performance review. The compensation package is strictly confidential.
You may be paid a performance linked variable pay, or incentive, if and as mentioned in your
appointment letter. The variable pay may be paid partially or fully depending on your achievement
of the performance criteria defined by management and duly communicated in writing or through
a software system. No variable pay is payable if no performance criteria are defined, and variable
pay is only payable if you serve the full length of the period for which the performance criteria are
defined.
You understand and accept that your physical presence is an essential precondition to your
employment as your work cannot be virtually delivered and hence in case you are unable to be
physically present at your deployed establishment(s) due to any force majeure event including
but not limited to a government ordered lockdown or closure of the establishment(s) you are
deployed at; you will consider that the essential pre-condition to your employment is vitiated and
hence you shall not claim wages or any statutory dues which may legally accrue, for that period
during which you are not able to be physically present at work.
Any tax or similar levy related to remuneration payable to you is your liability. The company will
deduct Tax at Source as per applicable regulations.
Eligible expenses incurred by you in the course of carrying out your duties as employee of the
company shall be reimbursed by the company by way of an expense reimbursement policy and
procedure of the company. It should be clearly understood that the policy entitlement is strictly
for actual expenses incurred and is not a source of additional income for you.
6. Deputation, Transfer and Relocation
The company may, at its discretion, depute you to any subsidiaries of the company or to any
subsidiaries of the holding company of the company or transfer you to or from any of the
company's departments, branches or locations to another department, branch or location.
7. Retirement or Appointment Expiry
You will retire from the employment of the company at the end of the month in which you attain
60 years of age unless an extension is provided by the company in writing. The company does not
provide any retirement benefits.
If an end date has been mentioned in your appointment letter, unless an extension is provided in
writing, you will automatically stand relieved on such date subject to satisfactory completion of
your duties and obligations upon discharge from company as mentioned elsewhere in this
document.
8. Resignation
You shall have the right to resign from the company by giving written notice and subsequently
serving the applicable notice period mentioned in your appointment letter. The company reserves
the right to not provide waivers to the notice period except when force majeure circumstances
make serving of such notice period impossible or too difficult. A waiver, if provided, would be
against you reimbursing the company for an amount equivalent to your remuneration for the
notice period not served. The company does not allow the use of earned & casual leaves, if any,
against the notice period. If you avail any earned leaves during your notice period, your last
working day shall accordingly get extended by the number of days of earned leaves availed by you
during such period. Failure to serve the applicable notice period would be considered a violation
of your employment terms.
Your relieving from the company will be subject to complete and formal handover of all
assignments, proper transitioning and knowledge transfer.
9. Termination
The company shall have the right to terminate your employment at any time by giving a written
notice and providing you the applicable notice period mentioned in your appointment letter.
Termination due to Ethical/Moral Breaches or Disciplinary issues
The company shall have the right to immediately terminate your employment without liability for
compensation/salary or damages upon the happening of any the following events:
1. If the employee is found to have provided any incorrect or misleading information during the
interview or joining process.
2. If a background check reveals any past unprofessional, unethical, or immoral behaviour or
material inconsistencies in the information provided to the company.
3. If the employee is convicted of any criminal offense other than an offense which is reasonable
for waiver in the opinion of the company.
4. If the employee discloses any information, data, trade secrets which are not to be disclosed
as mentioned in confidentiality clause of your appointment letter.
5. If the employee makes any remarks of indecent or threatening nature or spreads/participates
in rumors which make the working environment unhealthy for a co-worker or disrupts the
normal work of the company.
6. If the employee harasses or discriminate against any co-worker on the grounds of gender,
religion, caste, sexual orientation or other such matters.
7. If the employee demonstrates insolence, impertinence, rudeness or misbehavior towards any
colleague, client, visitor or public servant inside the work premises or outside where such act
relates to employment.
8. If the employee deliberately makes a false complaint or report against any employee.
9. Carrying or being in possession of any weapon or narcotics or other prohibited substances
inside the work premises.
10. If the employee is found under the influence of alcohol or narcotic substances while at duty.
11. If the employee is found guilty of stealing, misusing or misappropriating company's property
or funds including submitting fake bills for reimbursement claim.
12. If the employee undertakes a financial transaction on behalf of the company or its clients for
which they have not been explicitly authorized in writing.
13. Misconduct or willful neglect in the discharge of duties. Habitual absence from work without
leave, habitual late attendance or leaving of work before the scheduled time, habitual
inefficiency, carelessness and defective work causing quality or quantity of work to suffer.
14. If the employee fails to obey authorized and reasonable instructions of supervisor or
company's authorized representative or fails to follow norms/rules as per the company's
policies communicated to them on joining or any changes/amendments in rules given in
writing from time to time.
15. If the employee does any act or omission by virtue of which the company suffers a reasonably
avoidable loss in the business.
16. If the employee remains absent from duty for more than 5 days without any intimation or
approved leave.
17. If the employee strikes work or incites others to strike work in contravention of the provisions
of any law. The term “striking work” includes work–to-rule, sit-down and / or stay-in strike,
pen-down strike and sympathetic strike.
18. If the employee is part of an activity or makes a statement to any person or in public which is
prejudicial to the interest of the company.
Termination due to Poor Performance
The company shall have the right to terminate the employee by providing the applicable Notice
Period or Compensation in lieu of the Notice Period if the employee is unable to perform his/her
duties at the expected level of performance.
Termination due to Business Exigencies
The company shall have the right to terminate the employee by providing Notice Period or
equivalent compensation in lieu thereof, if:
1. The post on which the employee was designated no longer exists in the company due to
business exigencies.
2. The company decides for any other reason that the employee’s employment with the
company is no longer required.
3. If a force majeure event renders you unable to perform your services, or renders the
company unable to continue to employ you.
Termination due to Medical Reasons
The company shall have the right to initiate terminate the employee by providing Notice Period or
equivalent compensation in lieu thereof, if the employee is declared unfit on medical grounds to
continue his/her services with the organization for the foreseeable future.
10. Duties and Obligations upon Discharge from Company
You shall, on or before the last date of your employment with the company, hand over all the
assets, furniture, fixtures, documents, vehicles, immovable properties etc. of the company in good
shape and condition to the authorized person of the company on or before your last date at the
company and obtain clearance certificate for the same. Failing in compliance of the above, the
value of the non-returned materials shall be adjusted against any dues outstanding towards the
employee and the employee will be liable to pay back to company any amount unrecoverable
through outstanding dues.
If you have access to any information belonging to the company or its clients, vendors and
partners, you must return all copies of such information and delete and destroy all copies that
cannot be returned and should cease from accessing any facilities or software systems that may
provide such access in the future.
11. Non-Compete & Non-Solicitation
You shall not at any time during the term of this appointment letter or for a period of one year
from the date of discharge from Channelplay:
1. Set up a business of your own in competition with the company and will not pose as a
competitor to the company.
2. Solicit business from clients or customers that you were engaged with in service of the
company.
3. Hire/offer/persuade a colleague employed with the company to join your new place of
employment.
12. Breach of Contract Agreement and Terms
If you are in breach of any terms of this agreement either during the employment or after the
employment for a period as specified in respective clauses, the company will pursue all legal
remedies for punitive action and to recover from you any damages caused due to the breach of
this agreement.
13. Liability
You shall be liable to compensate to the company for the entire loss suffered as to its business and
goodwill in the event of the following circumstances:
1. In the event of your indulging in such activities or giving such undertaking or making a
statement to a person or in public that is prejudicial to the interest of the company.
2. Exercising the powers possessed by you, by virtue of your holding the position of employment
with the company, for your personal profits or gains to the detriment of the company’s
interest.
3. In the event of stealing, misusing or misappropriating company's property or funds.
4. In the event of your incurring expenses or causing the company to incur expenses which are
outside of explicitly defined policy or in violation of defined company procedure as may be
informed through training programs or announcements circulated from time to time.
5. In the event you solicit any of the company's employees for terminating their employment
with the company or for disclosing the company trade secrets to you or to any third party.
6. In the event you disclose any information, data, trade secrets which are not to be disclosed
as mentioned in confidentiality clause of this appointment letter, then you shall be liable to
pay any damages relating to disclosure from you as claimed by the employer or any third
party on and upon the company.
14. Dispute or Disagreement
In the event of any dispute or disagreement arising from this agreement or over the interpretation
of any of the terms here in above contained or any claim or liability of any party, the same shall
be referred to an Arbitrator to be appointed by the Managing Director of the company, whose
decision shall be final and binding upon the parties hereto. Such reference shall be deemed to be
a submission to arbitration under the Indian Arbitration & Conciliation Act, 1996 of any
modification or reenactments thereof. The place of arbitration shall be Gurgaon.
15. Effect of Partial Invalidity
The invalidity of any portion of the terms mentioned herein will not and shall not be deemed to
affect the validity of any other terms/provision. In the event that any terms/ provision is held to
be invalid, the parties agree that the remaining terms/ provisions shall be deemed to be in full
force and effect as if they had been executed by both parties subsequent to the exclusion of the
invalid term/ provision.
I have read and understood all the terms and conditions mentioned in this Annexure 2 to Appointment
Letter and accept the same.
Signature:
Name:
Date:
