Hi, I'm currently working in a company where I signed a bond for 2 years. After joining the company, I came to know that they won't provide me with the first month's salary and will provide salary on a weekly basis. For example, the first-week salary will be given to me in the third week. When signing the bond, they took my original certificates and didn't provide me with any training. From the 2nd week, I started to work on a real project, and now it's the third week, but I really don't want to work here. The people here are unprofessional, and my HR isn't even picking up my calls. I have attached the bond below. What should I do to break the bond?
General Terms:
The Employment Contract is entered into on the 3rd day of June, 2024, between -------------- (hereinafter known as Employer), whose business is located at --------------, and ------ (hereinafter known as Employee), who resides in Tamil Nadu.
The Employer agrees to hire the Employee for the position of Frontend Developer with a 2-year contract ending on 3rd May 2026, with an extension of a 3-month notice period. The Employee will report to work beginning on the 3rd of June, 2024, at 9:00 am working from the office. The Employee is bound by the Certificate-based contract and is submitting original documents to the Employer till 3rd June 2026 as a guarantee for the contract period. The original documents will remain with the Employer until the completion of the contract, after which the Employee will receive them back. If the contract is broken before the end date, the Employee will be required to pay back their first-year CTC of Rs. 1,80,000 as a penalty for the effort spent by the Employer for the Employee's technical growth and to retrieve the certificates.
Certificates Submitted:
The following are the original certificates submitted by the Employee:
1. 10th Mark Sheet
2. 12th Mark Sheet
3. Degree Mark Sheet
4. Degree Provisional Certificate
5. Transfer Certificate
6. Course Completion Certificate
Along with the below photocopies:
1. Aadhar card
2. Pan card
3. 5 photocopies
In addition to the above, the Employee agrees to perform other duties customary for persons in similar positions. The Employee also agrees that the Employer may assign additional duties as needed.
Job Performance:
1. The Employee agrees to perform all duties listed above to the best of their abilities and adhere to work standards of the highest quality.
2. The Employee understands that failure to perform work satisfactorily and timely could lead to termination.
Confidentiality:
The Employee agrees to keep all company and client information confidential, including intellectual property, written communications, business strategies, marketing strategies, operations, and any other information obtained during work-related activities.
By signing below, both parties agree to be bound by the terms of this contract.
Printed Name: Employer Signature, Employer Representative Date
Printed Name: Employee Signature, Employee Date
Guarantor of the Employee:
General Terms:
The Employment Contract is entered into on the 3rd day of June, 2024, between -------------- (hereinafter known as Employer), whose business is located at --------------, and ------ (hereinafter known as Employee), who resides in Tamil Nadu.
The Employer agrees to hire the Employee for the position of Frontend Developer with a 2-year contract ending on 3rd May 2026, with an extension of a 3-month notice period. The Employee will report to work beginning on the 3rd of June, 2024, at 9:00 am working from the office. The Employee is bound by the Certificate-based contract and is submitting original documents to the Employer till 3rd June 2026 as a guarantee for the contract period. The original documents will remain with the Employer until the completion of the contract, after which the Employee will receive them back. If the contract is broken before the end date, the Employee will be required to pay back their first-year CTC of Rs. 1,80,000 as a penalty for the effort spent by the Employer for the Employee's technical growth and to retrieve the certificates.
Certificates Submitted:
The following are the original certificates submitted by the Employee:
1. 10th Mark Sheet
2. 12th Mark Sheet
3. Degree Mark Sheet
4. Degree Provisional Certificate
5. Transfer Certificate
6. Course Completion Certificate
Along with the below photocopies:
1. Aadhar card
2. Pan card
3. 5 photocopies
In addition to the above, the Employee agrees to perform other duties customary for persons in similar positions. The Employee also agrees that the Employer may assign additional duties as needed.
Job Performance:
1. The Employee agrees to perform all duties listed above to the best of their abilities and adhere to work standards of the highest quality.
2. The Employee understands that failure to perform work satisfactorily and timely could lead to termination.
Confidentiality:
The Employee agrees to keep all company and client information confidential, including intellectual property, written communications, business strategies, marketing strategies, operations, and any other information obtained during work-related activities.
By signing below, both parties agree to be bound by the terms of this contract.
Printed Name: Employer Signature, Employer Representative Date
Printed Name: Employee Signature, Employee Date
Guarantor of the Employee: