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Mohammed Irfan

The document is an offer letter for a sales executive position. It details the job title, salary of CA$60,000 per year, eligibility for a 50% bonus, 60 days of paid vacation, health insurance, and stock options. It also covers privacy policies, proprietary agreements, and assistance with visa and residence permits.

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irfanresh2014
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0% found this document useful (0 votes)
347 views3 pages

Mohammed Irfan

The document is an offer letter for a sales executive position. It details the job title, salary of CA$60,000 per year, eligibility for a 50% bonus, 60 days of paid vacation, health insurance, and stock options. It also covers privacy policies, proprietary agreements, and assistance with visa and residence permits.

Uploaded by

irfanresh2014
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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OFFER LETTER

Name : MOHAMMED IRFAN

Passport Number : B7017369

Country Of Current Residence : IND

Employee Registration Number : DNQ - 13870 - 991

Approval Date : 30/05/2024

Starting Date : 25/06/2024

I. Position
• Job title

Your title will be SALES EXECUTIVE and you will report to the
Company’s Service Management Officer.
• Working schedule
This is a full-time position requiring approximately 40 hours per week. Your regular weekly
schedule will be Monday to Friday 09:00-17:00. Overtime is also available; you can work
for any hour on any working days between 17:00 – 21:00.

II.Employment Relationship
• Employment with the Company is for 02 years period of time. Your employment with the
Company will be “at will of you,” meaning that you may terminate your employment at any
time and for a valid reason, with cause. This is the full and complete agreement between you
and the Company on this term. Although your job duties, title, compensation and benefits, as
well as the Company ’s personel policies and procedures, may change from time to time, the
“at will” nature of your employment may only be changed in an express written agreement
signed by you and a duly authorized officer of the Company (other than you).

III. Cash Compensation


• Salary

The Company will pay you a starting salary at the rate of CA$60,000 per year ($5,000 per
Month), payable in accordance with the Company’s standard payroll schedule, beginning of
your job and you will receive your first paycheck on 7th of each month. This salary will be
subject to adjustment pursuant to the Company’s employee compensation policies.

119 Yonge St, Toronto, ON M5C 1W4, Email: [email protected] Ph No +1 (860) 481-3007
IV. Bonus (or commission) potential
In addition, you will be eligible to be considered for an incentive bonus for each fiscal year of
the Company. The bonus (if any) will be awarded based on objective or subjective criteria
established by the Company’s Chief Executive Officer and approved by the Company’s Board
of Directors. Your target bonus will be equal to 50% of your annual base salary. Any bonus
for the fiscal year in which your employment begins will be prorated, based on the number of
days you are employed by the Company during that fiscal year. Any bonus for a f iscal year
will be paid within 1 month after the close of that fiscal year, but only if you are still employed
by the Company at the time of payment. The determinations of the Company Board of
Directors with respect to your bonus will be final and binding.

V. Employee benefits
As a regular employee of the Company, you will be eligible to participate in a number of
Company-sponsored benefits.
The Company offers a comprehensive employee benefits program, including:
• Vacation policy
You will be eligible for 60 days of paid vacation leave per year. Paid time off is additional to
sick days, bank holidays and days that the company does not operate.
• Private health and dental insurance plan
As all Company employees, you will be eligible for the private health and dental insurance
plan we provide. Specific terms and conditions may change upon vendor’s decision.
• Stock Options
Subject to the approval of the Company’s Board of Directors or its Compensation Committee,
and following the adoption by the Company of an equity incentive plan, you will be granted
an option to purchase 0.2%shares of the Common Stock of the Company or of its parent (the
“Option.”) The exercise price per share of the Option will be determined by the Board of
Directors or the Compensation Committee when the Option is granted. The Option will be
subject to the terms and conditions applicable to options granted under the Company’s Stock
Plan (as adopted, the“Plan”), as described in the Plan and the applicable Stock Option
Agreement.
• Accommodation
You will be eligible to live in the company provided quarters. Married Employees will be
given a 1-bed room apartment and un-married employees will be provided with a 1 sharing
bedroom apartment. This includes separate kitchen, separate bath and any damage to
property by the employees will be compensated by the employees themselves.
• Transportation
You will be provided to and from transportation from home to work and work to home at the
company working time on working days.
You will also be eligible to:
• Childcare Assistance
• Health, life and disability Insurance

119 Yonge St, Toronto, ON M5C 1W4, Email: [email protected] Ph No +1 (860) 481-3007
• Education Assistance
• Free meals at Work

VI. Privacy and Confidentiality Agreements


• Privacy Agreement
You are required to observe and uphold all of the Company’s privacy policies and procedures
as implemented or varied from time to time. Collection, storage, access to and dissemination
of employee personal information will be in accordance with privacy legislation.
• Conflict of Interest policy
While you are employed at this Company, you will not engage in any other employment,
consulting or other business activity (whether full-time or part-time) that would create a
conflict of interest with the Company. By signing this letter of agreement, you confirm that
you have no contractual commitments or other legal obligations that would prohibit you from
performing your duties for the Company.
• Proprietary Information and Inventions Agreement
Like all Company employees, you will be required, as a condition of your employment with
the Company, to sign the Company’s standard Proprietary Information and Inventions
Agreement.

VII. JOINING US:


• VISA- All International Applicant should note that company will pay for visa of every
applicant coming from outside the Canada. Visa processing fee is to be paid by the applicant
• Residence/Work Permit: On your conformation of affidavit of guarantee and letter of
attestation from the Merry Hill shall secure your residence and work permit papers from
the home office in Canada and send it down to your country of residence for the inducement of
your international passport with your year-to - year visa permit to enable you to make interact
down to Canada.

Signatures:

__________________ __________________
Sign Sign
Dewayne B. Sheppard Patrick M. Jorden

To Accept this Offer Letter:


Kindly sign and date where indicated below:

Name of Employee : _____________________ Approved By : _____________________

Date : _____________________ Signature : _____________________

119 Yonge St, Toronto, ON M5C 1W4, Email: [email protected] Ph No +1 (860) 481-3007

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