Sample Template Example of Casual Worker / Employee Job Agreement Letter Format for Temporary Employment with Retention Allowance, Terms & Conditions Deed Clause in India in word / .doc / .pdf Free Download
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AGREEMENT FOR RETENTION ALLOWANCE
WITNESSES :
Download Temporary Employment Contract:-
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AGREEMENT FOR RETENTION ALLOWANCE
This agreement executed by Sri
__________________________ S/o ______________________________
R/o ____________________________ ( herein
after referred to as the “ Seasonal Employee) in favour of the Nizam Deccan
Sugars Limited, Mombojipalli unit, Medak. ( herein after referred to as
“Company” ).
Whereas,
the Seasonal Employee is entitled for retaining allowance on reporting for duty
for the ensuing crushing season.
Whereas,
the Seasonal Employee represented to the Company to pay him the retaining
allowance in advance every month.
And
whereas, the company has to do so provided the seasonal employee together with
two sureties bind themselves to pay back the advance retaining allowance paid
to him in case the seasonal employee does not report for duty in all the coming
crushing seasons.
Therefore
the seasonal employees
1) _____________________________ S/o
__________________________ R/o
2) _____________________________ S/o
__________________________ R/o (herein after referred to as “ Sureties” )
undertake and agree that in case the seasonal employee does not report for duty
in the ensuing crushing season, the seasonal employee and the sureties shall
severally and jointly be responsible to pay back all the advance retaining
allowance that the company might pay to the seasonal employee and the Company
shall be entitled to recover the same from the person and property of the
seasonal employee or the Sureties or all of them.
In
witness, whereof, signs this day the ______________________
Signature of the Seasonal
Employee.
SURITIES :
1.
2.
WITNESSES :
1.
2.
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For IT, MNCs, KPO, BPO, Banks, Manufacturing, Insurance & Retail Companies
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