Offer Letter: Vaibhav Jain
Offer Letter: Vaibhav Jain
Offer Letter
Further to your application and interview with Revature, we are pleased to offer you a
position of Software Engineer Trainee in our organization.
This Offer Letter (the or this “Agreement”) is entered into by and between
____________________
Vaibhav Jain (“Software Engineer Trainee” or “Trainee”), aged
______________years, S/O or D/O ______________________residing
at _________________________ __________________________________________ , and Revature
Consultancy Services Private Ltd, (“Company”), a company having its registered office at
12th Floor, New No.431, Anna Salai, Teynampet, Chennai - 600 018. Trainee and Company
may each be individually referred to hereinafter as a “Party” or collectively as the
“Parties.”
Company provides full-time training for real-world tech careers at the world’s top
companies. Revature software engineers have industry-recognized certifications that are
hard to achieve. During Revature’ s training program, software engineers are taught skills
and competence to hit the ground running. After they successfully complete the training,
Revature works with the individual to get them hired directly with Revature’ s clients. The
total training to hire process typically takes about four months.
NOW THEREFORE, in consideration of the mutual promises contained herein and for other
good and valuable consideration the receipt and sufficiency of which the Parties
acknowledge, the Parties hereby agree as follows:
c. During the term, Trainee undertake to devote best efforts, knowledge and
skill and devote substantially all their working time (at least 40 hours a week)
and attention to the performance of duties.
d. During Training, trainees will learn the skills that will set them on the career
path, working on the most highly sought-after technologies in the tech
industry.
h. All Trainees will be required to agree to, abide by and adhere to the rules of
use and policies in (or referenced in) Training Agreement.
k. Program Disclaimers
Revature reserves the right to remove Trainees from the program for any
reason during the course of the program including, but not limited to,
attendance, performance, or conduct, or to discontinue the program at any
time without notice on an as-needed basis.
a. After clearing the final review with the client(s) that includes an assessment
and one to one interaction, at the sole discretion of client and Revature and in
accordance with the terms in Training Agreement, trainee may be offered an
employment as “Software Engineer” by the Client.
b. By accepting this offer Trainee acknowledges and assures that he/she will
continue to remain in the employment of the Company’s Client for a minimum
period of eighteen months (18) (“hereinafter called minimum
3. Compensation:
a. Trainee will receive a stipend of Rs.5,000/- (Rupees Five Thousand Only) per
month during the Internship/Revature Readiness Program.
6. Liquidated Damages:
a. For the purpose of providing training and placing trainee, the Company is
incurring training expenses of approximately Rs.1,00,000/- (Rupees One Lakh
Only).
liquidated damages, repay the entire amount as given in Sec 6 (a) incurred by
Revature with interest @14% p.a during the Mandate Period (the “LD Amount”).
The parties acknowledge and agree that the LD Amount is not a penalty and is a
reasonable approximation of the actual damages sustained by Company under
the circumstances given Company’s valuable investment in Trainee.
c. Trainee further agrees that, at any time during the Mandate Period, Trainee will,
upon request of the Company, confirm in writing Trainee’s compliance with this
Agreement. Trainee also agrees to waive, as valid consideration for their
employment with Client, their right to challenge the validity of this Liquidated
Damages provision.
7. Confidentiality: Trainee acknowledges and agrees that the terms and conditions of
this Agreement and the Related Agreements are confidential in nature. Trainee shall
not directly or indirectly divulge, communicate, display, publish, or reveal the
terms of this Agreement or related Agreement to any third party. Notwithstanding the
foregoing, Trainee may disclose the terms and conditions of this Agreement and the
Related Agreements to the Trainee’s lawyer, financial advisor, immediate family
members, or pursuant to any court order, or as necessary to enforce this
Agreement. Trainee’s confidentiality obligations set forth herein shall survive the
termination or expiration of this Agreement.
12. Indemnity: Trainee shall indemnify and hold harmless Revature and its officers,
directors, employees and agents from and against any claim, liability, loss, cost,
damage or expense including, but not limited to, reasonable attorney’s fees and
expenses, relating to or arising out of any claim by any third party based on (a)
Trainee’s performance hereunder, (b) any breach of this Agreement by Trainee,
(c) any negligence fraud, or misconduct by Trainee, and (d) any non-competition
agreement, invention or secrecy agreement between Trainee and a third party which
was in existence as of the date of this Agreement.
13. Legal Review: The Parties acknowledge and agree that this Agreement will have
important legal consequences and imposes significant requirements on
each Party. The Parties further acknowledge and agree that they have been advised
and have had the opportunity to obtain independent legal counsel to review this
Agreement, and this Agreement is the product of arm's length negotiations among
the Parties and shall not be construed against any Party due to authorship.
The Parties further acknowledge and agree that they understand all the terms and
conditions contained herein.
a. Any dispute and/or differences whatsoever arising between the parties out of or
relating to the construction, meaning, scope, operation or effect of this contract or the
validity or the breach thereof shall be settled by compulsory arbitration in
accordance with The Arbitration and Conciliation Act, 1996 (including amendments,
if any) and the award made in pursuance thereof shall be binding on the parties.
b. The Company shall nominate the sole arbitrator. The venue of the arbitration
proceedings shall be in Chennai and the arbitration proceedings shall be in English.
15. Entirety; Construction; Amendment: This Agreement, along with NDA, Training
Agreement and other signed agreements contains the entire understanding between
the Parties and supersedes any prior or contemporaneous written or oral agreements
between them respecting the subject matter hereof. The language in this Agreement
shall be construed according to its fair meaning and not strictly for or against either
Party; headings are for convenience only, not for interpretation. This Agreement may
only be modified or supplemented by mutual written agreement. No modification,
alteration or amendment of this Agreement shall be binding unless it is in
writing, signed by the Parties.
Except as expressly set forth herein, all terms and conditions of the Agreement remain in
full force and effect.
IN WITNESS WHEREOF, the Parties hereto have duly executed this Agreement as of
the date of the first signed below.
REVATURE: TRAINEE:
Signature: Signature:
Title: Date:
Date: