EMPLOYMENT AGREEMENT
This Employment Agreement (this "Agreement") is made at S.A.S. Nagar (Mohali) on 1 April 2026.
BETWEEN
Northline Analytics Private Limited, a company incorporated under the Companies Act, 2013, of Plot No. 8, Phase 8-B, Industrial Area, S.A.S. Nagar (Mohali) 160055, acting through Rohit Nair, Director, authorised by board resolution dated 4 March 2026 (the "Company");
AND
Simran Kaur Dhillon, son/daughter/wife of Gurdeep Singh Dhillon, of House No. 214, Sector 15-A, Chandigarh 160015, PAN AFRPB2211J (the "Employee").
The Company and the Employee are each a "Party" and together the "Parties".
RECITALS
A. The Company wishes to employ the Employee, and the Employee wishes to be employed by the Company, on the terms of this Agreement.
B. This Agreement records the complete terms of that employment and supersedes any earlier offer, letter or discussion between the Parties to the extent they conflict with it.
NOW THIS AGREEMENT WITNESSES AS FOLLOWS.
- 1. DESIGNATION. The Company employs the Employee as Head of Engineering, reporting to Chief Executive Officer, and the Employee accepts that employment.
- 2. WORK LOCATION. The Employee's place of work will be Unit 305, Third Floor, Tower B, Bestech Business Tower, Sector 66, S.A.S. Nagar (Mohali), subject to the Company's right to reassign that location in the ordinary course of its business, on reasonable notice to the Employee.
- 3. NATURE AND TERM OF ENGAGEMENT. The Employee is engaged as a full-time, permanent employee of the Company. The employment is subject to a probationary period of 3 months from 2 April 2026, and the Company will confirm the Employee's employment in writing on satisfactory completion of probation.
- 4. COMMENCEMENT. This Agreement and the Employee's employment under it commence on 2 April 2026.
- 5. COMPENSATION. The Employee's annual cost to the Company (CTC) is ₹24,00,000 (Rupees Twenty Four Lakh only), made up as follows: Basic Rs 10,00,000; HRA Rs 5,00,000; special allowance Rs 6,00,000; retiral benefits Rs 3,00,000. Salary is paid by the 7th day of the following calendar month, by bank transfer, after deduction of tax at source under s.192 of the Income-tax Act, 1961 and of the statutory contributions clause 8 describes.
- 6. WORKING HOURS AND LEAVE. The Employee's working hours are 9:30 a.m. to 6:30 p.m., Monday to Friday. The Employee's leave entitlement is as stated in the Company's leave policy in force from time to time, besides such further leave as applicable law separately provides. That entitlement currently is: 24 days of paid leave in a calendar year, besides public holidays.
- 7. WHOLE TIME AND OUTSIDE ENGAGEMENTS. During the term of this Agreement, the Employee shall devote their whole working time, attention and skill to the Company's business, and shall not take up other employment, consultancy, directorship or business without the Company's prior written consent.