Whether the EMD Clause Samples
Whether the EMD. Amount of Rs18950/- (Rupees Eighteen Thousand nine hundred and fifty only) for one year remitted online or not ? Yes/No
FOR THE EMPLOYER FOR THE UNION:
By the Employee This Agreement and the obligations created hereunder may not be assigned by the Employee, but all rights of the Employee hereunder shall inure to the benefit of and be enforceable by his heirs, devisees, legatees, executors, administrators and personal representatives.
By the Executive The Executive may terminate the Employment at any time with a three-month prior written notice to the Company or by payment of three months’ salary in lieu of notice. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation or an alternative arrangement with respect to the Employment is approved by the Board.
AGREEMENTS OF THE EXECUTIVE In consideration of the compensation and benefits to be paid or provided to the Executive by the Employer under this Agreement, the Executive covenants as follows:
By the Employer The Employer may terminate the Executive’s employment: