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STATEMENT OF PARTICULARS OF EMPLOYMENT Under the Employment Act As per Govt. UAE Law

Executive Employment Agreement

STATEMENT OF PARTICULARS OF EMPLOYMENT
                 Under the Employment Act As per Govt. UAE Law
 | Document Parties: AVEROX INC. You are currently viewing:
This Executive Employment Agreement involves

AVEROX INC.

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Title: STATEMENT OF PARTICULARS OF EMPLOYMENT Under the Employment Act As per Govt. UAE Law
Date: 11/14/2006

STATEMENT OF PARTICULARS OF EMPLOYMENT
                 Under the Employment Act As per Govt. UAE Law
, Parties: averox inc.
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                     STATEMENT OF PARTICULARS OF EMPLOYMENT
                 Under the Employment Act As per Govt. UAE Law


1.     INTRODUCTION

      This statement sets out particulars of your employment with Pearl
      Consulting FZ LLC as on September 26, 2006 which we are required to be
      given to you Under the Employment Act As per Govt. of UAE Law. Your
      employment commences on September 11, 2005 and no employment with a
      previous employer counts as part of a period of continuous employment or
      forms part of a continuous period of employment.

2.     TERMS OF EMPLOYMENT

      2.1    JOB TITLE

      The title of the job, which you are employed to, is Regional Director.

      2.2    REMUNERATION

            o      Your remuneration is AED 18,250 payable monthly in arrears.

      2.3    PLACE OF WORK

            Your normal place of work will be The Dubai Internet City, Office
            No: 601, Thuraya 2, 6th Floor, Dubai, United Arab Emirates.

      2.4    HOLIDAYS

            2.4.1 You are entitled, in addition to the normal public holidays,
                  to take 20 working days as holiday in each holiday year, which
                  runs from 1st January to 31st December, and you will be paid
                  your normal basic remuneration during such holidays.

            2.4.2 If your employment commenced or terminates part way through
                  the holiday year, your entitlement to holidays during that
                  year will be assessed on a pro rata basis. Deductions from the
                  final salary due to you on termination of employment will be
                  made in respect of any holidays taken in excess of
                  entitlement.

            2.4.3 Holidays must be taken at times convenient to Pearl Consulting
                  FZ LLC and sufficient notice of intention to take holidays
                  must be given to the Management.

      2.5    SICKNESS ABSENCE

            2.5.1 If you are absent from work on account of sickness or injury
                  you, or someone on your behalf, should inform Pearl Consulting
                  FZ LLC of the reason for your absence as soon as possible but
                  no later than the end of the working day on which absence
                   first occurs.


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      2.6    PROBATIONARY PERIOD

            The first six months of your employment with Pearl Consulting FZ LLC
            will be treated as a probationary period. Your employment may be
            terminated by you or by Pearl Consulting FZ LLC on one week's notice
            in writing at any time during or at the end of this period.

      2.7    NOTICE OF TERMINATION OF EMPLOYMENT

            2.7.1 The length of notice which you are obliged to give Pearl
                  Consulting FZ LLC to terminate your employment is 4 weeks
                  until you have been employed for 2 years. Thereafter, the
                  notice period increases by one week for each year of
                  continuous employment until you have completed 10 years of
                  continuous employment, after which time you will be obliged to
                  give Pearl Consulting FZ LLC 12 weeks' notice.

            2.7.2 The length of notice which you are entitled to receive from
                  Pearl Consulting FZ LLC to terminate your employment is 4
                  weeks until you have been continuously employed for 2 years.
                  Thereafter, the notice entitlement increases by one week for
                  each year of continuous employment until you have completed 10
                  years of continuous employment, after which time you will be
                  entitled to 12 weeks' notice.

      2.8    CONFIDENTIALITY AND OTHER EMPLOYMENT

            2.8.1 You may not, during or after the termination of your
                  employment with Pearl Consulting, disclose to anyone any
                  information of a confidential nature relating to Pearl
                   Consulting or its clients.

            2.8.2 You may not, without the prior written consent of Pearl
                  Consulting FZ LLC, engage in any form of business or
                  employment other than your employment with Pearl Consulting FZ
                  LLC whether inside or outside your normal working hours.

            2.8.3 You are not allowed to take any type of source code outside
                  the office premises.

            2.8.4 Your Incoming/outgoing emails & activities on computer/LAN
                  /Wan will be audited and monitored by the management. No
                  emails with attachment are allowed to be sent out without
                  prior authorisation from the management.

            2.8.5 Breach of any above mention clause will be considered as
                  criminal offence which will lead to legal proceed.

3.     GRIEVANCES AND DISCIPLINE

      3.1    GRIEVANCE PROCEDURE

            If you have a grievance regarding your employment you should speak
            to the Managemen


 
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