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5. The company agrees and undertakes that the security services provided by the security personnel are provided to the greatest satisfaction of the employer, and the company will inform the security personnel that the security personnel are workers of the company and have no rights against the employer and that the employer is not liable for the remuneration. Salary, indemnity and all statutory benefits due to security personnel under labor law and other laws, and the company is responsible for providing its employees with the services that are authorized by law/rules/conditions of service. It is understood by mutual agreement by and between the parties and agreed that: this agreement, which took place on …… on this point…… Day of the …. 2000, between ABC Co. Ltd., a company under the Companies Act, 1956 and based in ………. (hereinafter referred to as “the employer”, the expression of which is not related to the context or meaning thereof and includes his successors and transferees) of ONE PART and XYZ Security Guards (P) Ltd., a company established under the Companies Act 1956 and having its registered office at ……… (hereinafter referred to as “the company” whose expression, unless it is repugnant to the context or meaning thereof, is considered and includes its successor and addressee) of the other party. 2. The employer shall return to the security guards the guard post established at the door of the said factory and such guards shall, in accordance with the instructions of the employer`s representative, survive from time to time the vehicles and personnel leaving the factory; save correctly.

PandaTip: A Memorandum of Understanding is a kind of cooperation agreement intended to document the understanding of certain parties (two or more) as to their cooperation in a project or in the achievement of a goal. Unlike a Memorandum of Understanding, it is more likely that a Memorandum of Understanding will impose certain obligations on the parties. like “the factory in question” and it wants to employ security guards to provide security services to the factory in question. 14. Unless otherwise agreed, the respective communication addresses regarding all matters related to this Agreement are as follows: – 7. The employer pays an amount of Rs. …… (Rupees……… only) per vigil per month and a sum of Rs. ……

by vigil for three national holidays for the services provided by the company when the law is presented by the company until the 10th. .

Posted on October 5th, 2021 | filed under Uncategorized |

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