EXHIBIT 10.11
CONTRACT OF EMPLOYMENT
Between the undersigned,
- Cartis International Limited Address: Cartis Center - Old Road Moka Road -
Xxxx Village Republic Of Mauritius represented by Xx Xxxxx XXXXXXX,
Chairman and CEO, having all capacities to negotiate the present contract
On the one hand,
and
- Xx Xxxxx Xxxxxxx, of mauricien nationality
on the other hand,
He was agreed what follows:
Offer of Employment
CARTIS International Ltd offers to hire Xx Xxxxx Xxxxxxx, effective as of the
1/1/1999, under the terms and conditions indicated hereafter, and under the
conditions of satisfactory results of the medical examination.
Xx Xxxxx Xxxxxxx who accepts this offer of employment.
Trial period
This contract, without defined duration, will become fully effective at the end
of a three months trial period.
Responsibilities
Xx Xxxxx Xxxxxxx will exercice the functions of Chief Financial and
Administrative Officer, under the authority and within the framework of the
instructions given by the Chairman & CEO.
Remuneration
In remuneration of his services, Xx Xxxxx Xxxxxxx will receive monthly wages of
Rs 8,000.00 for a part time employment avraging 12 hours per week.
Place of work
Xx Xxxxx Xxxxxxx'x place of work will be at the headquarters of CARTIS
International in Mauritius
Paid vacations
Xx Xxxxx Xxxxxxx will benefit from the allowance of paid vacations as specified
by law. The timing of these vacations is determined by mutual agreement between
Management and Xx. Xxxxx Xxxxxxx, taking into account the requirements of the
job.
Clause of confidentiality
Xx Xxxxx Xxxxxxx covenants not to communicate to anyone, inside as well as
outside of the Company, for the duration of this contract and beyond, any of the
information regarding the activities of the Company, of which he would have been
appraised in the exercise of his duties.
This confidentiality agreement covers in particular all the technical documents,
drawings, studies, projects and achievements, and in a general way, all the
industrial know-how to which Xx Xxxxx Xxxxxxx will have access, within the
framework of its professional activity at the Company.
Upon termination of employment in the Company, Xx Xxxxx Xxxxxxx will have to
return all the documents that would have been entrusted to him or that he would
have generated in the performance of his duties. In general, all technology and
know-how relating to the activity for which he was employed, which are specific
to CARTIS International or related companies, to the extent that he would have
knowledge of them, could not be used by him in another company, nor benefit any
other company, existing or future.
Conditions for execution of the contract
Xx Xxxxx Xxxxxxx commits to observe the work instructions that could be given to
him. He will also be responsible to communicate these instructions to his
subordinates and ensure their implementation.
Xx Xxxxx Xxxxxxx will have to inform the Company of any change in the personal
information given at the time of his hiring (addresses, family circumstances,
etc.).
Drafted in double originals, in Xxxx Village, on 8/1/99
/s/ Xxxxx Xxxxxxx /s/ Xxxxx Xxxxxxx
President
Signature preceded by the handwritten mention
" read and approved "
