By agreeing to conduct an assignment for AUDIT HUB, you, the Professional, agree to the following terms and conditions. These terms outline the responsibilities, legal obligations, and liabilities of the Professional during the assignment.

1. Engagement Terms

1.1 Role of the Professional

The Professional agrees to act as an independent professional or freelancer to conduct an assignment on behalf of AUDIT HUB. The Professional shall visit the specified client location to perform the assigned audit or task.

1.2 Audit Direction

• In certain assignments, AUDIT HUB may manage and direct the audit, including providing detailed instructions on conducting the audit. The Professional is required to follow AUDIT HUB’s directives and instructions as given.

• In other assignments where AUDIT HUB acts as an intermediary, the client will be responsible for providing instructions and directions for conducting the audit. The
A professional is required to follow the client’s directives in such cases.

1.3 No Employment Relationship

The Professional understands that this agreement does not constitute an employer-employee relationship between the Professional and AUDIT HUB. The Professional is engaged as an independent professional and is responsible for their own tax payments, insurance, and compliance with applicable laws and regulations. If Tax Deducted at Source (TDS) is applicable, it will be deducted under section 194J of the Income Tax Act, 1961.

2. Confidentiality

2.1 Obligation of Confidentiality

The Professional agrees to keep confidential all information, data, or knowledge acquired during the assignment. This includes but is not limited to:

• Client data
• Financial records
• Audit-related findings
• Any proprietary information of AUDIT HUB or its clients

2.2 Data Retention and Deletion

The Professional must not retain any documents or data after the completion of the assignment. All data must be destroyed or deleted as per AUDIT HUB’s instructions upon completion.

2.3 Non-Disclosure

The Professional is prohibited from disclosing or discussing any confidential information or assignment-related details with third parties without the prior written consent of AUDIT HUB.

3. Theft, Damage, and Liability

3.1 Theft Liability

The Professional is fully responsible for any loss, theft, or damage that occurs during the assignment’s execution. The Professional must take all necessary precautions to ensure that belongings and materials at the client’s location are handled with care.

3.2 Liability for Damages

In the event of theft, damage, or loss caused by the Professional, they shall be held liable for the full cost of any damages incurred. AUDIT HUB reserves the right to take legal action or impose financial penalties if necessary.

4. Quality Assurance

4.1 Performance Standards

• When AUDIT HUB directs the audit, the Professional must ensure that the audit or task is performed according to the standards and instructions provided by AUDIT HUB.

• When the client directs the audit, the Professional must adhere to the client’s performance standards and expectations as communicated directly by the client.

4.2 Non-Performance Penalties

AUDIT HUB reserves the right to review the quality of the work performed by the Professional. If the work is found to be substandard, AUDIT HUB may withhold payment, impose penalties, or disqualify the Professional from future assignments.

5. Payment Terms

5.1 No Direct Payments

The Professional must not receive any payments directly from the client. All payments will be routed through AUDIT HUB, and any attempt to bypass this arrangement may result in penalties or legal action.

5.2 Final Payment

The final payment will only be released once AUDIT HUB receives confirmation from the client that the assignment has been completed and the deliverables meet the required quality standards.

6. Assignment Completion and Non-Backout Clause

6.1 Obligation to Complete
Once the Professional has confirmed an assignment, they are required to complete it in full. The Professionals cannot leave the assignment midway without prior approval from AUDIT HUB.

6.2 Non-Backout

If the Professional backs out after confirming the assignment, any financial loss or disruption caused by their withdrawal will be their sole responsibility. AUDIT HUB reserves the right to impose penalties for any such backouts.

7. Indemnification

7.1 Indemnification Clause

The Professional agrees to indemnify and hold AUDIT HUB, its officers, directors, employees, and agents harmless from and against any claims, liabilities, damages, losses, or expenses (including legal fees) arising out of or in connection with:

• Any breach of this agreement by the Professional.
• Any act of negligence, misconduct, or unlawful activity performed by the Professional during the assignment.
• Any damage, theft, or loss caused by the Professional during the execution of the assignment.

7.2 Third-Party Claims

The Professional agrees to indemnify AUDIT HUB from any third-party claims related to the Professional performance or non-performance during the assignment.

8. Non-Solicitation and Non-Contact Clause

8.1 No Direct Contact During Assignment

The Professional agrees not to contact or communicate directly with the client for any matters related to the assignment, except for those necessary to complete the task. All formal communication must be conducted through AUDIT HUB.

8.2 No Post-Assignment Contact

The Professional is prohibited from directly contacting the client after the assignment is completed. Any such contact may result in penalties or disqualification from future assignments.

8.3 Non-Solicitation

The Professional agrees not to solicit or attempt to establish a direct business relationship with the client for future assignments or business services that bypass AUDIT HUB. Any violation of this clause will be considered a breach of this agreement.

9. Termination and Disqualification

9.1 Termination

AUDIT HUB reserves the right to terminate the assignment at any point if the Professional fails to comply with the terms of this agreement, or if the Professional’s performance is unsatisfactory.

9.2 Disqualification from Future Assignments

Repeated failure to comply with the terms of this agreement or poor performance may result in the Professional’s disqualification from future assignments.

10. Independent Professional Status

10.1 Independent Professional

The Professional agrees and acknowledges that they are engaged as an independent professional or freelancer, and no employment relationship, whether actual or implied, exists between the Professional and AUDIT HUB.

11. Miscellaneous

11.1 Governing Law

This agreement is governed by the laws of India, and any legal disputes shall be handled in the courts of Kolkata.

11.2 Severability

If any provision of this agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

By agreeing to conduct an assignment, you acknowledge that you have read, understood, and agree to be bound by these terms and conditions