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EXHIBIT 6.5
EMPLOYMENT AGREEMENT
BETWEEN
SR SINGAPORE PTE LTD
AND
XX. XXXXXX XXXXXXXXX
XX Singapore Pte Ltd (here in after called as the "Employer") and XX. XXXXXX
XXXXXXXXX (hereinafter called as the "Employee") agrees to the following terms
and conditions:
1. SALARY
Employee is hereby appointed as "GENERAL MANAGER - FINANCE & OPERATIONS
from 1st February 1999 and shall receive a consolidated salary of
S$3,800/(SINGAPORE DOLLARS TWO THOUSAND ONLY) per month with applicable
CPF contribution imposed by Govt. from time to time as per the law
subject to attendance and leave policies as adopted from time to time
by Employer.
2. DUTIES AND RESPONSIBILITIES
Employee shall perform the duties assigned to him by any duly
authorized officer of the employer.
3. WORKING HOURS AND PLACE
3.1 Employee shall follow the official working hours of the
Employer. Employee are also required to follow any changes in
the working hours as may be decided in the future. This is a
position of continuous responsibility and does not entail
payment of extra time or overtime.
3.2 In view of the nature of Company's business, you may be
assigned to different locations both in Singapore and abroad.
You will carry assignments/projects given to you from time to
time with diligence and devotion and maintain the company's
image as suppliers of quality software, hardware and services.
Signature of the Employee
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4. ANNUAL AND MEDICAL LEAVE
4.1 Employee shall be entitled to 12 days annual leave and 12 days
of sick leave for a year.
4.2 Employee shall be eligible for sick leave on production of
medical certificate but this may be revoked at the Employer's
discretion without any notice.
5. MEDICAL AND HOSPITALIZATION BENEFITS
Employee shall be covered for Life and Hospitalization by the Employers
extensive Medical insurance.
6. PART-TIME EMPLOYMENT AND PRIVATE PRACTICE
Employee should devote the whole of his time, attention and ability to
the business of the company and should observe all rules and
regulations applicable from time to time. Employee agrees that the
duties herein shall be full time. Employee shall not engage in other
business ventures or employment without the prior approval of Employer.
7. RULES AND REGULATIONS
Employee shall follow the rules and regulations of the Employer on
anything not expressly provided herein or necessarily implied
therefore.
Signature of the Employee
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8. TERMINATION OF EMPLOYMENT
8.1 If Employee shall not perform well in his assigned duties, the
Employer may terminate this agreement and employment.
8.2 During the employment period if Employee is guilty of any
personal misconduct or of any willful breach and continued
neglect of the terms of this agreement or any other duties or
terms, the Employer may from time to time assign, terminate
this agreement and employment.
8.3 Both Parties may terminate this agreement only after twelve
months by giving one months (30 days) written notice or
equivalent salary in lieu thereof. The Employer will entertain
no premature termination of the contract.
9. OVERSEAS ASSIGNMENT
9.1 Before proceeding on an overseas assignment you will be
required to give the company, a written undertaking for
dedicated services to Employer, completing the work/project
assigned and timely return to resume work in Singapore.
9.2 You may be selected and sponsored by the company for training
assignments with the Company's associates or other
institutions abroad. You will, diligently and beneficially,
take part in such training and assignments. The cost of such
overseas training include travel fare and related expenses
will be borne by the company, subject to your signing suitable
agreement with the company that you will continue to serve the
company after such training, for a minimum period as may be
stipulated.
Signature of the Employee
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10. SECRECY & SECURITY
Employee shall not during or after termination of his employment
without the prior written consent of the Employer to disclose or permit
the disclosure of any confidential information obtained in the course
of or as a result of this employment, concerning the affairs of the
Employer, to any person or body not otherwise authorized by law to
receive such information. For the purpose hereof all information is to
be treated as confidential except such as is or has become public
knowledge otherwise than through Employee's default or neglect.
Employee shall also take all reasonable precautions in dealing with any
information documents and papers provided to him by the Employer so as
to prevent any unauthorized person from having access to such
information documents or papers.
The laws regarding the Computer Misuse Act, Chapter 50a will apply to
Employee and under no circumstance employee should misuse any computer
resources that belong to the Employer.
Upon the termination of employment Employee shall deliver up to the
Employer all documents papers or copies thereof and property belonging
to it or them which are in employee's possession, custody or control.
11. BREACH OF CONTRACT
In the event of any actual or threatened breach of the above clauses by
the employee including with limitation of the loss or injury which the
Employer suffers, the Employee agrees that the Employer shall exercise
their right to specifically enforce the performance of all obligations
in terms of the above undertaking as well as other injunctive relieves
as may be granted by a court of competent jurisdictions without
prejudice to any other relieves, monetary or otherwise as the Employer
may be entitled by law as compensation for the loss damage suffered on
account of breach of the terms of the contract.
Signature of the Employee
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12. GOVERNING LAW
The applicable law and revenue will be that of the Republic of
Singapore.
We have pleasure in welcoming you and trust you will have many happy and
mutually Beneficial years of service with SR SINGAPORE PTE. LTD.
I have read, understood and I accept the above terms and conditions of
employment Mentioned above.
Agreed to on the Monday 1st February 1999.
Employee Employer
/s/ Xxxxxx Xxxxxxxxx /s/ V. Suresh
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Accepted By : XXXXXX XXXXXXXXX Accepted By: V.SURESH
NRIC No/Passport ~No.X0000000X PRESIDENT
Date of Joining 01.02.99 SR SINGAPORE ~PTE LTD
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Signature and date Signature and Date
