HR & Employment
Employment Agreement Template (India B2B / Corporate)
⏱️ 6 min read•Free for Commercial Use•Indian Legal Jurisdiction
Standard Indian corporate employment contract protecting employer intellectual property, trade secrets, and client relationships while providing transparent employee compensation and notice period terms.
Key clauses included in this agreement:
- Job role, probation period & performance review
- Compensation structure (CTC, base salary, allowances, statutory PF/ESIC)
- Work product & Intellectual Property assignment
- Strict confidentiality & non-disclosure of employer data
- Post-employment non-solicitation of clients and staff
- Termination procedure & notice period buyout
Full Template Text
Word & plain text format
EMPLOYMENT AGREEMENT
This Employment Agreement ("Agreement") is entered into as of [Date] by and between:
[Company Legal Name], a company incorporated under the Companies Act 2013, having its registered office at [Company Address] ("Employer" or "Company");
AND
[Employee Full Name], residing at [Employee Address], PAN: [PAN Number] ("Employee").
1. APPOINTMENT & DUTIES:
The Company hereby employs the Employee in the designation of [Designation], and the Employee agrees to serve the Company on a full-time basis.
2. PROBATION & CONFIRMATION:
The Employee shall serve a probation period of [e.g., 3 / 6 months]. Upon satisfactory completion, employment shall be confirmed in writing.
3. COMPENSATION & TAXES:
The Employee shall receive an annual Cost to Company (CTC) of INR [Amount] as detailed in Annexure A. All payments are subject to statutory tax deduction at source (TDS), Provident Fund, and Professional Tax.
4. INTELLECTUAL PROPERTY ASSIGNMENT:
All inventions, software code, designs, algorithms, and documentation developed by the Employee during the course of employment shall be the sole and exclusive property of the Company worldwide under Section 17(c) of the Copyright Act, 1957.
5. NON-SOLICITATION & CONFIDENTIALITY:
The Employee agrees not to disclose any proprietary Company information and shall not, for a period of 12 months post-termination, solicit Company employees, contractors, or active clients.
6. TERMINATION & NOTICE PERIOD:
Either party may terminate this agreement by giving [30 / 60 / 90 days] prior written notice or payment of basic salary in lieu thereof.
EMPLOYER: [Company Name] EMPLOYEE: [Employee Name]
By: ___________________________ Signature: ______________________Legal & Compliance
Frequently Asked Questions
Are non-compete clauses enforceable in Indian employment contracts?
Under Section 27 of the Indian Contract Act 1872, post-employment non-compete covenants are generally void as restraints of trade. However, non-solicitation and strict non-disclosure of confidential trade secrets remain legally enforceable.
Execute agreements digitally in VoyceBook
No printing, scanning, or courier delays. Collect legally valid e-signatures online with verified audit logs.