Professional Documents
Culture Documents
Service Agreement Paper
Service Agreement Paper
Service Agreement Paper
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I rHls AGREEMENT made at Mumbai on this ,. trntf (f FF N day of
-(TPTEMBFP . Two thousand and .r
fl ween TATACONSULTAN'CY
SERfiCES EIMITED,
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WHEREAS TCS is involved in the business of problem solving or consultaney and- as of present and the
foreseeable future specifically in the business of Computer and Management Consultancy - offering
services and products both in lndia and abroad. WHEREAS the possession of the above problem solving
techniques and effective use of high technologies equipment can be acquired mainly through special
tr:aining an.d / or speeifie on the johtraining ("Trainlng").
WHEREAS the said Training is of a duration of Twelyq Mgn-thg and is liable to be extended by a further
durationbasedontheper.for.manceofM,r./x45.',M,uringthetraining,ofwhich
TCS shall be the sole judge.
WHEREAS the above mentioned Training irwolves considerable expenditure - both direct and lndirect,
financial and unliquidated - related to faculty, computer time, support facilities, Salary of Mr. /Ms.
,.,.?al/.i(fh klnnV, .9 while under Training.
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WHEREAS the expenditure involved in imparting the said Training to Mr. /+ils-
several times in excess of the penalty demanded from him/her.
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2. Mr./D/s; '-lagrees not to take employment with any other person, firm
or company duflng the period of applicability of this agreement,
3. By way of guarantee fo-r due performance of all terms and conditions contained in this
agreement, Mr.Alk :., )provide herein below the name of hislher
below to stand as Surety on his/her behalf to ensure compliance of the aforesaid covenant,
and that in the event of failure/neglect by Mr.A*s: to fulfill any of the terms
'.?nilith
of this undertaking of which TCS shall be the sole judge th€ Surety shall be liable to pay TCS
Rs.5Q0O0 (Rupees Fifty Thousand Only) as e ornpensation wlth lnterest thereon as applicable
and the Surety hereby agrqe, corfirm and accept that the Surety shall be liable jointly and
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severally with Mr./!/,s: . Ro I
"naV , to pay the same to TCS.
4. ln the event of any dispute'or disagreernent over the interpretation of any of the terms
hereinabove contained or any claim of liability of any part including the Surety the same
shall be referred to a person to be nominated by TCS whose decision shall be final and
binding upon the parties hereto. Such reference shall be deemed to a submission to
arbitration under The Arbitration and Conciliation Act, 1996 or of any modffication or re-
enactmentther:eof.. The venue of arhitration shall be Mumbai-
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Signature of th-e Emlloyee H;.#-{,?,efr
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.ADVOCATE &
NOTARY
the
a
will have to'pay liquidated damages amounting to
qqd giv.e Three calendar months' written notice or salary
a) agrees that the said amount of
by TCS from the legal dues, if any, payable to him. On being
absorbed as an Employee of TCS, after completion of the said Training period,
TCSwould be'entitled to ter.minate the.services of the Employee with Three'Calendar Months'
written notice during the tenure of service agreement.
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5. All eornmunications.between Mr./ffi. r. '.\ sr TCS.and
Surety shall be deemed to have effectively if addressed to the following address:
TCS ltOUSE,'Corner of FtazarimaI Somani Marg & Raveline Street, Near Sterling Cinema, Fort,
Mumbai400 001.
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Signature of the Enlf A;,#ffiN
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