Senior executive employment agreement, chief executive or whole-time director

EXECUTIVE EMPLOYMENT AGREEMENT

THIS AGREEMENT is made at [Place of signing the agreement] on this [Day of the month of the agreement] day of [Month of the agreement], [Year of the agreement].

Between

1. [Name of the Company], a company incorporated under the Companies Act [2013 / 1956], bearing Corporate Identity Number [CIN], having its registered office at [Company's registered office address], acting through [Company signatory's name], [Chairman / Director], duly authorised by a resolution of its Board of Directors passed on [Date of Board resolution authorising signatory], hereinafter referred to as the “Company”, of the ONE PART;

And

2. [Mr / Ms Full name], son / daughter of [Executive's father's or mother's name], aged about [age] years, residing at [Executive's residential address], holding Permanent Account Number [PAN] and Director Identification Number [DIN, where applicable], hereinafter referred to as the “Executive”, of the OTHER PART.

Whereas

A. The Company carries on the business of [description].