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Employment Contract Extension Letter

Employer to Employee  ·  Contract Act 1872

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On the letterhead of employer_name employer_address Contact: employer_contact Date: letter_date

To, employee_name employee_designation Employee Code: employee_code employee_address

Subject: Extension of your contract of employment dated original_contract_date for a further fixed period commencing extension_start_date and ending extension_end_date.

Dear employee_name,

1. Reference is made to your contract of employment dated original_contract_date, executed between employer_name (the 'Company') and yourself, by virtue of which you have been employed as employee_designation since joining_date. The said contract is presently due to expire on current_expiry_date, and the Management, on the basis of your performance and the operational requirements of the Company, is pleased to offer you an extension of the said contract on the terms set out herein.

2. The contract of employment is hereby extended for a further fixed period of extension_duration, commencing on extension_start_date and ending on extension_end_date, subject to the terms and conditions of the original contract, save and except as expressly modified by this letter.

3. The revised terms applicable for the extension period are as follows: (a) gross monthly compensation of Rs. revised_compensation, payable in accordance with the existing salary schedule; (b) revised benefits and allowances as per the schedule set out in benefits_schedule_reference; (c) revised key responsibilities, where applicable, as detailed at: revised_responsibilities; (d) revised performance metrics applicable to your role, namely: performance_metrics; and (e) all other terms of the original contract shall remain unchanged.

4. The extension is subject to: (a) your continued compliance with the Company's policies, code of conduct, and applicable service rules; (b) successful completion of any periodic reviews or assessments scheduled during the extension period; (c) continued satisfactory performance against the prescribed metrics; and (d) the Management's right to terminate the contract earlier in accordance with the provisions of the original contract and the applicable law.

5. Kindly indicate your acceptance of the above extension and the revised terms by signing the duplicate copy of this letter and returning the same to the office of the return_office within seven (7) days of the date of this letter. Upon receipt of your countersigned acceptance, the extension shall be deemed to have been validly executed and shall form part of the contract of employment.

The Management thanks you for the contributions made by you to the Company during the original contract period and looks forward to your continued association during the extended period.

Yours sincerely, _____________________________ authorising_officer_name authorising_officer_designation For and on behalf of employer_name Accepted and agreed: _____________________________ employee_name Date: acceptance_date

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