EMPLOYER: NATURE LIFE SPACE

EMPLOYEE: [Will auto-fill]

• Public Holidays: Public holidays may not automatically be granted as days off. Employees may be required to work on demand without additional compensation.
• Weekend Leaves: Leaves are strictly prohibited on Fridays, Saturdays, and Sundays without prior approval from management at least 24 hours in advance. Unauthorized absence on any of these days will result in the forfeiture of the entire week's attendance and salary.
• Probation Period: The first 30 days of employment constitute a probationary period. Should the employee resign during this period, no salary will be disbursed.
• Termination by Company: If the Company terminates the employment, the employee will receive 50% of the agreed salary for the days worked during that specific period.
• Compliance: The employee shall adhere to all company rules, regulations, and reporting hierarchies.
• Data Privacy & Theft: Company data must not be taken outside office premises or shared orally, electronically, or physically with any unauthorized persons. In the event of a breach, the Company will file a lawsuit for data theft and privacy breach, seeking a minimum compensation of Rs. 10 Lakhs. The employee will also face legal action under applicable BNS (Bharatiya Nyaya Sanhita) laws.
• Non-Compete: The employee must not maintain independent contact with any real estate agents associated with the Company.
• Defamation & Customer Poaching: Post-employment, if the individual engages negatively with Company customers, staff, or associates, a defamation suit of Rs. 1 Crore will be filed. Furthermore, unauthorized contact with Company leads or customers post-employment will be treated as a business loss, and the Company will seek Rs. 1 Crore in damages.
• Notice Period: Employees must complete a minimum tenure of 6 months. Upon resignation, a mandatory 3-month notice period must be served. Leaving without serving the notice period will result in the forfeiture of pending salaries and a legal suit to recover an amount equivalent to 3 months' salary.
• Termination for Conduct: The Company reserves the right to terminate employment immediately in the event of misconduct.
• Late Penalties: For every three late arrivals, one day's salary will be deducted. (Applicable compensation will be provided for approved extra minutes worked).
• Target Failures: Failure to meet assigned targets may result in immediate termination of employment.
• Salary Payment: Salaries are processed with a 15-day hold period. However, if the employee submits their original educational certificates to the Company, the salary will be paid without the 15-day hold.
• Early Departure Deductions: If an employee resigns within the first 3 months, deductions will be made for weekly offs, holidays, and late penalties, subject to the Company's acceptance of the resignation.
• Return of Advances: Any advances taken for bookings or other purposes must be refunded in full upon leaving the Company.
• Site Visits: Employees requested to attend site visits must comply. Lack of cooperation may result in termination.
• Leaves & Permissions: Employees must not leave the premises without permission. All leaves must be applied for in writing 2 days in advance.
• Company Asset Protection: Upon departure, the employee must return all Company assets, including mobile phones, data diaries, and physical/digital copies. Damage to or loss of a Company phone will incur a recovery cost of up to Rs. 30,000. Loss of data diaries will incur a recovery cost of up to Rs. 10 Lakhs. Assets must not be taken outside the office.
• Jurisdiction: Any legal disputes shall fall exclusively under the jurisdiction of the Rangareddy District Courts.
• Right to Alter Terms: The Company reserves the right to amend, change, or upgrade these terms and conditions at any point without prior notice to adapt to new business challenges. Employment implies continuous consent to updated policies.
• Digital Validity: This electronically signed document holds indefinite validity, continuing even after the termination of employment.

Incentive Structure & Policies

• For Sales Trainees or New Joinees: Rs. 20,000 per plot for Narayankhed (605 Sq Yards) and other residential plots (minimum 167 Sq Yards).
• Commissions are strictly payable 3 months after the completion of full payment and plot registration.
• Resigning from the Company at any point forfeits all pending incentives, even if full payment or registration has been completed.
• Sales closed during the notice period do not qualify for commission.
• The incentive structure applies to FULL PAYMENT ONLY and is not applicable to EMI, monthly plans, or installments.
• All applicable incentives will be paid after a 10% deduction for taxes and administrative fees.