Notice period buyout
I have requested for notice period buy out after serving 30 days of notice as I had an anxiety attack recent past. The conpany, I am working in, have clause 11(11. Your employment with us can be terminated by either party, by giving 60 days prior notice, in writing. At the discretion
of the management, one month gross salary may be paid along with GST and / or other applicable taxes to the Organization
in lieu of the notice period. However, notwithstanding the notice period mentioned herein, if you commit breach of the
terms of this employment agreement, then the Organization may terminate your employment with a day's notice.
This agreement with terms and conditions will be the only governing document of your employment with the Organization
and will supersede all other terms and conditions.
In the event of the assignment for which you are being employed, coming to an end, efforts to reallocate you to an
alternative assignment will commence. In case, the reallocation is not possible, your release process will be initiated.
Further, you may refer to our Corporate Policies and Statutory information on the Future Focus Infotech Portal to which
you will be provided access on completion of the appointment proce) for resignation notice and buyout. What are my scope here. They are not releasing me.