Letter of Appointment Date: To,

Employee Code: ___________________ Dear, Sub: Letter of Appointment We are pleased to offer you an appointment in our organization as _________________. You will be based in our Baroda office. You will be on training for an initial period of t ree mont s and on probation for a period of si! mont s following successful completion of training. Your transition from trainee to probationer will be based on your appraisal at t e end of t e period of training. You are re"uired to agree to t e special terms and conditions as described in #nne!ure $ #%. You will be paid gross emoluments as detailed in #nne!ure $ #. Your employment wit us will be go&erned by t e 'erms ( Conditions as detailed in #nne!ure $ B. Your offer as been made based on information furnis ed by you. )owe&er if t ere is a discrepancy in t e copies of documents or certificates gi&en by you as a proof of abo&e we retain t e rig t to re&iew our offer of employment. Employment as per t is offer is sub*ect to your being medically fit. +lease sign and return duplicate copy of t is letter in to,en of your acceptance. We congratulate you on your appointment and wis you a long and successful career wit us. We are confident t at your contribution will ta,e us furt er in our *ourney towards becoming world leaders. We assure you of our support for your professional de&elopment and growt . Yours truly, -or C./+#0Y 0#/E #1').234ED 5360#'.2Y Encl.: #s abo&e

Annexure A1 %. ' e company follows a olding policy for new trainees under w ic t e company will retain 789 of your C'C for t e first four mont s of your employment wit us. ' is amount will be eld wit t e company for a period of one year from t e date of your ta,ing up employment and payable to you in full upon completion of t e abo&e said period. 7. 3f you decide to resign from t e company before completion of one year you forfeit t e olding amount and no claim w atsoe&er will be entertained in t is regard. :. 3n t e e&ent t at you decide to lea&e t e company before a period of one year t e following s all apply as is t e case: ; You will be re"uired to gi&e at least one mont notice of resignation to t e company or pay to t e company one mont <s salary in lieu of t e notice. You will also forfeit t e amount in olding wit t e company. =. ' e company will pro&ide you e!tensi&e training during t e first t ree mont s of your employment wit us and e!pects you to return t e in&estment made on t is training in t e form of personal &alue addition to t e company. ' e training materials pro&ided to you are property of t e company and confidential information. Carrying t e materials outside t e company or disclosing t em to any one ot er t an employees of t e company is a breac of trust and will result in immediate forfeiture of t e olding amount and termination of employment wit out notice. 8. 5preading rumors, soliciting employees of t e company for outside employment or coercing cowor,ers to lea&e t e company is strictly pro ibited and frowned upon. 5uc actions will result in immediate termination of employment wit out notice and forfeiture of your olding amount. +lease indicate your understanding and acceptance of t e abo&e terms and conditions by signing in t e space pro&ided below. 3 accept.

>5ignature, name ( date?

Annexure A 5alary structures can be bifurcated as under: Basic +ay Cost of @i&ing #llowance >C.@#? )ouse 2ent #llowances /edical #llowances Con&eyance #llowances +erformance 3ncenti&es .t er #llowances Deductions @ea&e 5alary Total CTC:

=A9 of basic pay %,78AB; per mont CAAB; per mont

+.-. 0o lea&e 5alary

+rofessional 'a! .t er eligible 5alary

'D5

Annexure B %. Personal Particulars: You will ,eep us informed of any c ange in your residential address, your family status or any ot er rele&ant particulars. You would also let us ,now t e name and address of your legal eirBnominee. 7. Nature of Wor : You will wor, at ig standard of initiati&e, creati&eness, efficiency and economy in t e organization. ' e nature of wor, and responsibilities will be assigned and e!plained to you by your senior from time to time. :. Wor in! "ours: ' e regular wor,ing ours of t e company are from __________ to __________ including :A minutes for lunc brea, and %8 minutes for tea brea,. =. Assi!nment, Transfer an# $eputation: ' oug you a&e been engaged to a specific position, t e company reser&es t e rig t to send you on deputationBtransferBassignment to any of t e company<s branc offices in 3ndia or abroad, w et er e!isting at t e time of your appointment or to be set up in t e future. 8. Trainin!: You will old yourself in readiness for any training at any place w ene&er re"uired. 5uc training would be imparted to you at t e company<s e!pense. Dindly note t at refusal to participate in a training programme wit out any e!traneous circumstances would lead to automatic termination of your employment. E. %ntellectual Propert& 'i!(t: 3f during t e period of your employment wit us you ac ie&e any in&ention, process impro&ement, operational impro&ement, or ot er processBmet od li,ely to result in more efficient operation of any of t e acti&ities of t e company, t e company s all be entitled to use, utilize and e!ploit suc impro&ement and you s all assign all rig ts t ereof to t e company for t e purpose of see,ing any patent rig ts or for any ot er purpose. ' e company s all a&e t e sole owners ip rig ts of all t e intellectual property rig ts t at you may create during t e tenure of association wit t e company including but not limited to t e creati&e concept t at you may de&elop during your association wit t e company. F. Secrec&)Confi#entialit&: You will not during t e course of your employment wit t e company or at any time t ere after di&ulge or disclose to any person w omsoe&er, ma,e any use w atsoe&er for your own purpose or for any ot er purpose ot er t an t at of t e company, of any information or ,nowledge obtained by you during your employment as to t e business or affairs of t e company including de&elopment,

process reports and reporting system and you will during t e course of your employment ereunder also use your best endea&our to pre&ent any ot er person from doing so. C. 'estrain: i. Access to %nformation: 3nformation is a&ailable on need to ,now basis for specific groups and t e networ, file ser&er of t e company is segregated to allow indi&idual sectors information access for pro*ects and units. #ccess to t is is aut orized t roug access pri&ileges appro&ed by unit mentors or pro*ect mentors. ii. 'estriction on Personal *se: 1se of company resources for personal use is strictly restricted. ' is includes usage of computer resources, information, internet ser&ice, and wor,ing time of t e company for any personal use. G. Lea+e: You will be entitled to lea&e as per law in force and as laid down in t e 5tanding .rders of t e company. ' ree days ad&ance intimation is re"uired to be gi&en for a&ailing lea&e. 3n t e e&ent of a sic, lea&e you will be re"uired to furnis a doctor<s certificate for t e period of lea&e. ' e company follows strict time sc edule and late comings are discouraged, unless ot erwise notified by you in ad&ance. @ate mar,s will be accorded to you for e&ery late entry wit one day of absence counted for e&ery t ree late mar,s. %A. Securit&: 5ecurity is an important aspect of our communication and office infrastructure. Communication security is maintained by controlling p ysical access to computer system, disabling all wor,ing stations, floppy dis, dri&es and companywide awareness about t e need for protection of intellectual property and sensiti&e customer information. %%. Termination of Ser+ice: i. Eit er party can terminate t is employment by ser&ing a notice of one mont on t e ot er, sa&e and accept t at t e company may at its option pay salary in lieu of t e notice period to terminate employment wit immediate effect. ii. 1naut orized absence or absence wit out permission from duty for a continuous period of F days would ma,e you loose your lien on employment. 3n suc case your employment s all automatically come to an end wit out any notice of termination or notice pay. iii. You will be go&erned by t e laid down code of conduct of t e company and if t ere is any breac of t e same or non conformance of contractual obligation or wit t e terms and conditions laid down in t is agreement, your ser&ice can be terminated wit out any noticeH notwit standing any ot er terms and conditions stipulated erein t e company reser&es t e rig t to in&o,e ot er legal remedies as it deems fit to protect its legitimate interest.

%7. Stan#in! ,r#ers: You will abide by t e 5tanding .rders, rules ( regulations and ser&ice conditions t at may be in force or application to t e organization or are framed from time to time by t e company. %:. Appointment in -oo# .ait(: 3t must be specifically understood t at t is offer is made based on your proficiency on tec nicalBprofessional s,ills you a&e declared to possess as per your application for employment and your ability to andle any assignmentB*ob independently. 3n case at a latter date any of your statementsBparticulars furnis ed are found to be false or misleading or your performance is not up to t e mar, or falls s ort of t e minimum standard set by t e company, t e company s all a&e t e rig t to terminate your ser&ices fort wit wit out gi&ing any notice notwit standing any ot er terms and conditions stipulated t erein. ' e abo&e terms and conditions are based on t e company<s policy, procedures and ot er rules currently applicable in 3ndia and are sub*ect to amendments and ad*ustments from time to time. 3n all matter including t ose not specifically co&ered ere suc as tra&eling, retirement, etc. you will be go&erned by t e rules of t e company as s all be in force from time to time.