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Contract of Employment

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Contract of Employment
CONTRACT OF EMPLOYMENT This Agreement is entered into this 09th of February 2011 by between. New Life Pharmaceuticals Inc. PHILIPPINES, a corporation duly organized and existing under the laws of the Republic of the Philippines with office address at the 2667, Honduras Street Batangas Cor. Brgy. San Isidro Makati, Philippines, as represented by its General Manager Sreedhar Nagarajan hereinafter referred to as the “EMPLOYER”;
-and-
Sandeep Toshkani Indian of legal age, currently residing at 4820-C- Sampaguita Street Santo Niño, Parañaque City, hereinafter referred to as the “EMPLOYEE”.
WHEREAS, the Employee desires to be employed by the employer as Sr. Sales Manager and the Employer is willing to hire the employee immediately upon signing this agreement.
NOW THEREFORE, for and in consideration of the foregoing premises the parties have hereunto agreed to the following terms and conditions of employment: 1. The Employee shall devote the whole of his/her time and attention during business hours to the discharge of her duties and responsibilities;

2. The duties and responsibilities of the Employee shall be outlined under his/her designation and such shall be made as an integral part hereof;

3. The Employees shall commence his/her work with Employer beginning 21st March 2008 a “PROBATIONARY STATUS”. Of employment from 21st of March 2008 to 20th August 2008 during which time your performance shall be evaluated by your immediate superior, in accordance with your duties, responsibilities and work hours. The Company shall not be obliged to maintain you in its employ if, within six-month period above stated, you shall have been found unqualified or unfit to assume the position on a regular basis.

4. The Employer shall pay the Employee a monthly salary of Eighty Five Thousand Pesos (85,000) eligibility of the employee on any variable pay will be effective only after 6months of employment or confirmation;

5. Aside from the compensation and

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