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

Executive Employment Agreement

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

 | Document Parties: AVEROX INC. | Pearl Consulting Pvt. Ltd. You are currently viewing:
This Executive Employment Agreement involves

AVEROX INC. | Pearl Consulting Pvt. Ltd.

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

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

, Parties: averox inc. , pearl consulting pvt. ltd.
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                     STATEMENT OF PARTICULARS OF EMPLOYMENT
               Under the Employment Act As per Govt. Pakistan Law

1.     INTRODUCTION

      This statement sets out particulars of your employment with Pearl
      Consulting Pvt. Ltd. as at 10th January, 2004 which are required to be
      given to you Under the Employment Act As per Govt.Pakistan Law. Your
      employment commences on 16th February, 2004 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 Account Executive.

      2.2    REMUNERATION

            Your total Salary is Rs.20,000/- payable monthly in arrears.

      2.3    PLACE OF WORK

            Your normal place of work will be The Evacuee Trust Complex, Suite
            205-C, 2nd Floor Agha Khan Road, F-5/1, Islamabad.

      2.4    HOURS OF WORK

            Your normal hours of work are from 9:00 am to 5:00 pm Monday to
            Saturday.

      2.5    HOLIDAYS

            2.5.1 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.

            2.5.2 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.

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

      2.6    SICKNESS ABSENCE

            2.6.1 If you are absent from work on account of sickness or injury
                  you, or someone on your behalf, should inform Pearl Consulting
                  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.


                                  Page 1 of 5
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      2.7    NOTICE OF TERMINATION OF EMPLOYMENT

            2.7.1 The length of notice which you are obliged to give Pearl
                  Consulting 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
                  Consulting12 weeks' notice.

            2.7.2 The length of notice which you are entitled to receive from
                  Pearl Consulting 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.

      2.9    CONFIDENTIALITY AND OTHER EMPLOYMENT

            2.9.1 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.

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

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

            2.9.4 Your Incoming/out Going 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.

            2.9.5 Breach of any above mention clause will be consider 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 Management.

      3.2    DISCIPLINARY PROCEDURE

            The company's disciplinary procedure is described in Appendix A
            attached and applies to any m


 
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