Termination notice period 1 month or 3 months as per contract
Mass terminating people due to current market situation & setbacks. I was asked to resign but preferred them to Terminate me as i had no intention to quite its the companies decision. They have given me 1 month notice. However, want the Termination clauses review by lawyer to make sure if legally is it 1 month or 3 months of notice period before i sign.
17. TERM AND TERMINATION
17.1 The appointment of the Employee shall commence on November 01, 2021, subject to the provisions for termination of this Agreement, shall continue thereafter until terminated by the Company giving to the Employee not less than [1 (one)] month previous notice in writing to that effect. ----17.2 If the Company or the Employee gives notice to terminate this appointment in terms of Clause [17.1], the Company may make a payment to the Employee in lieu of notice equal to the Employee’s salary for [1 (one)] month less any appropriate tax and other statutory deductions.-----17.3 The employee will be in a probation period for first six (6) months, in which the termination notice period will be one (1) month. Post the probation period, the employee will have a three (3) month notice period (i.e. in case the employee/employer wants to terminate the contract, then a 3 month notice needs to be served).
Termination
17.4 Without in any way limiting any rights of the Company, and notwithstanding the notice requirements of clause [17.3] hereof, this Agreement shall be subject to termination by the Company by summary notice in writing given at any time if the Employee:-
17.5 If the Company has any grounds to believe it may have a right to terminate the appointment of the Employee pursuant to clause [17.3] above, it shall be entitled (but without prejudice to its right subsequently to terminate the appointment on the same or any other ground) to suspend the Employee on full payment of salary and other benefits during the period of any enquiry or investigation into the circumstances giving rise to such belief.
17.6 Without prejudice to the rights of the Employee to remuneration and other benefits hereunder and to the rights of the Company, the Company shall have the right at any time after either party has given notice to the other of termination of this Agreement in terms of clause [17] hereof until such termination to require the Employee not to attend at any place of work and to exclude [her/him] from any premises of the Company (or of any Affiliate of the company in relation to which the Employee held a position of responsibility at any time during the twelve months immediately prior to the date on which notice is served pursuant to clause [17]) and the Company shall be under no obligation to vest in or assign to the Employee any powers or duties or to provide any work for the Employee and shall have the right to suspend [her/him] from the performance of any duties or obligations hereunder (provided that the rights of the Company pursuant to this clause [17.5] shall not be exerci