[Address] [City, State, PIN]
Dear [Employee Name],
We are pleased to offer you the position of [Engineering manager] at [Company Name]. We believe that your skills and experience will make a valuable contribution to our team, and we look forward to working with you.
Your employment will begin on [Start Date] and your salary will be [Rs____] per annum, paid in accordance with the company’s payroll policies. This is Remote/Hybrid/In Office role, at (City Name)
In addition to your salary, you will be granted [Number] equity shares under the company’s Employee Stock Option Plan (ESOP). The grant date for the ESOP will be [Grant Date]. The exercise price for the ESOP will be [Exercise Price].
The vesting schedule for the ESOP is as follows: [4-year vesting period with a 1-year cliff]. This means that the first [12 months] of your employment will be a cliff period, and after that, the shares will vest according to the following schedule: [Monthly/Quarterly/Annual vesting schedule].
Please note that this offer of employment is contingent upon your acceptance of our company policies, which are available for your review.
If you accept this offer, please sign and return one copy of this letter to indicate your acceptance.
We look forward to welcoming you to our team.