& EMERSON. Emerson Information Technology Solutions, Mohali (NDhson of Emerscn Et 4rd Flor, F-8 Tower, Land CoN v2b1s0uHt985eTCoBTESS 27" May, 2015 M Ramesh ‘Chennai Dear Ramesh, Offer of Employment with Emerson Information Technology Solutions, Mohali Heartiest Congratulations on being selected for the below position at Emerson Information Technology Solutions, Mohali, a division of Emerson Electric Co. (India) Private Ltd., India Title: Engineer L2, tAT, Emerson Process Management Grade: 5 Role: System Delivery ~ Technical Analyst We are pleased to extend an Otfer of Rs. 639,200 per annum (Cost to Company) excluding Variable Pay. Your target annual Variable Pay will be Rs. 40,800 based on your performance “meeting expectations”. Also you will be entitled to benefits mentioned in the Annexure. You will be on probation {or @ period of six months and your confirmation is subject to satisfactory performance standard and no adverse verification reports, This is subject to your clearance of the Pre-Employment medical Check up; background and reference check. Please submit a copy of your resignation leiter duly accepted by your present company wathin three working days of receipt of this Offer Please indicate your acceptance of aur employment offer by signing and returning to us @ copy of this Offer letter and other joining documents. The timeframe for the same is 7 working days. On joining the Company you will be given a detailed letter of appointment. [As a condition to the commencement of your employment, you will be required to complete and sign the following = The Conflict of interest deciaration ‘The Ethics declaration ‘The Employee Intollectual Property and Confidential Information Agreement ‘The EITS, Mohali Employee Handbook The Information Security and Electronic Media Handbook We look forward to you being a part of the team at the earliest. Sincerely, owls — Sonia Dated Received & Accepted Registered Office : 301, Solaire Corporate Park, 161, MLV. Road, Andheri (East) Mumbai - 400098& EMERSON. ian ens Technology Solutions, Mohali (AOWson of meron Etec Co, nia PUL) CIN - uzosBoMH198sPTCOB7ESe Annexure Role & Responsibiltios ‘You would be part ofthe Global “Emerson Process Management” Division team inthe folowing roe. Role ~ System Delivery ~ Technical Analyst Responsibiities ~ + The positon wil be responsible for canying out Production support fr the Global ERP Instance for Emerson Process Management. Requires expert skills in Triage, Investigation, problem resolution ‘and communication © Abily to analyze, understand and effectively communicate Technical material to management, + Experience with gathering user requirements and understanding and interpreting requirements specifications + Abily to work in a demanding user environment. © Developing tsining material and application documentation as required. © Involved in Testing and automation © Providing guidance in data preparation and migration. Registered Office - 301, Solaire Corporate Park, 151, M.V. Road, Andheri (East) Mumbai - 400003& EMERSON. ——— Technology Solutions, (Abin of moran Elect » ‘IN -Uzp1goMHs996TCO8 Annexure 2 ‘Compensation Details M Ramesh Name . Title _ Engineer 2, (AT, Emerson Process Management Grade Level 5 | items Per month _ Per annum _ __(UNR) _ (INR) B _ 22,667 272,000 HRA a 9,067 Conveyance 1,600 ‘Education Allowance _ 200 Supplementary Allowance 13,194 158,333 Total (A) 46,728 560,733 15,000 22,667 Gratuity [TOTAL SALARY (A+B+C) [ Variable Pay *Kindly refer to the Annexure 8 for details on Performance Linked Variable Pay Registered Office : 301, Solitaire Corporata Park, 151, M.V, Road, Andheri (East) Mumbai - 400003§ EMERSON. Emerson Inormaton Technology Solutions, Mohali [ADWison of marca Ect e788 Annexure ‘Benefits & Relocation Policy “L insurance Benefits ‘You and your immediate family (Le. spouse & 2 children) ill be covered under our Hospitalization Medical Scheme, 28 per currently valid guidelines. for which the premium shall be paid by the Company. This ‘coverage is forthe amount upto Rss, 200,000 ‘Apart from the above, Employee is also covered under the folowing as per the existing company policy: Personal Accident covers - Death Total disablement (permanent or temporary) Partial disablement (permanent or temporary) Group Personal Accident Policy for Employee only: (Max) Rs. 2* CTC (Subject to type of disability) Group Term Life Policy (Coverage): 2 CTC 2 Relocation Policy Employee and his/ her family are paid relocation benefits for the purpose of joining the services of Emerson Information Technology Solutions, Mchaf, © One time travel claims can be made for 2° AC train! economy class airfare for employee and family (Spouse and two children). For employees traveling from Delhi to Chandigarh by Taxi, a ‘maximum of Rs. 4000 shall be paid towards taxi charges from Delhi to Chancigarh upon submission of bills, + Incase employee travels to Mohali by its own vehicle he willbe reimbursed as per rates as below For use of own Car Rs. 12.00 per km. For use of own 2 Wheeler Rs. 6.00 per km. ‘= Two Weeks Hotel Accommodation in company arranged hotel & A Fixed Amount of Rs.500 per day {0 cover up conveyance and food bill would be given to an Employee for the number of days stayed in the hotel ‘+ Reimbursement of transportation upto one full tuckload of household goods shall be as per the following © Maximum Limit: North (Rs. 26,000), West (Rs. 50000), East (60,000), South (80,000) © North comprises of: Rajasthan, NCR Region, Punjab, Haryana, Uttarakhand, Uttar Pradesh, Himachal Pradesh, Jammu & Kashmir © West comprises of Maharashtra, Gujarat, Madhya Pradesh, Goa © East comprises of Bihar, Assam, West Bengal, Jharkhand, Chhattisgarh, Orissa, Tripura, Meghalaya, Nagaland, Manipur, Mizoram, Sikkim, Arunachal Pradesh © South comprises of: Kamataka, Andhra Pradesh, Tamil Nadu, Kerala ete Prior to transportation of household goods, employee shall be required to submit 2 Quotations from different vendor's at best negotiated rates to the HR. The empioyee also needs to claim the relocation amount within the fst 3 Months of hist er joining. Registered Office : 301, Solaire Corporate Park, 151, M.V. Road, Andheri (East) Mumbai - 4000!s EMERSON. iors nation Technology Solutions, Mohali (ADwiion of Emanon Et Co, his Pat Lit) CIN - uzo1BowH9s6PTCOE7EsE Note — Relocation expenses reimbursed to the employee wil have to be paid back in fullin case an ‘employee does not clear background verification check. If an employee with Emerson Information ‘Technology Solutions, Mohali desires to leave the company within two years of taking up this appointment, ‘any amount paid or reimbursed as relocation assistance, must be repaid on a pro-rata basis as follows, Less than 6 months 100% months ~ 12 months 75% ‘12 months — 15 months 50% months ~24 months 25 % 3. Shift Allowances — Shift allowance amounting to Rs, 300I- for the tst and 2nd shift and Rs 600/-for the night shift, shall be paid to allthose coming in shifts and the said allowance will be added in the monty salary. The Shift work timings will be = Gonoral Shift 0930 Hrs ~ 1800 Hrs A" Shift 0530 Hrs — 1830 Hrs 2 Shit 1400 Hrs —2300 Hrs Si" shitt 2200 Hrs -0700 Hrs 4, Sodexo — ‘Soviexo meal coupons facility worth Rs. 1500 would be extended to employees as a tax saving option, this ‘amount is adjusted with the above mentioned supplementary allowance (Taxable). This is an optional facility. 5. Marriage Gift — For every Emerson Employee getting married, hel she is entitled to recolve a one time Sodexo Gift ‘Vouchers worth Rs. 5000/- 6. Lunch Subsiay ‘Company provides canteen Lunch subsidy to all the employees, the amount is subject to change 2s deemed fit by the management as weil as event driven. 7. Transport Subsidy Company provides Cab subsidy to all the employees coming in Shifts (1*, 2, 3°}, the amount is subject to change as deemed it by the management as well as event driven, Registered Office : 301, Soltare Corporate Park, 151, M.V, Road, Andheri (East) Mumbai - 4000936 EMERSON. orn wisn Technology Solutions, Mohali (NDison of Emoraon Ect Co. ni Pat Li CoN - uzor00MHroesPTCOR7e5e 8, Provident Fund ‘Al employees provident fund willbe paid as per Employee provident fund act 1952, tis equal contribution bby empioyee and employer. The Provident fund contribution of above specified amount by employee would bbe deducted from the Gross CTC. 8, Medical Reimbursement You can ciaim medical reimbursement against valid medical bills (‘e. bills issued within the same financial year in which the claim is made). The medical bils can be submited in those specific month(s) in the financial year as per the HR communication. 10. Leave Travel Allowance (LTA) For claiming LTA exemption, employees need to avail minimum 3 days of Privilege Leaves and need to submit the bills within the stipulated time after the travel dete alongwith LTA declaration form, 11. Vatlable Pay ‘Your target performance linked Variable Pay is purely performance based and is subject to you achieving a standard rating of “Meets Expectation’. Please note that the Variable Pay has been calculated on the basis of currently valid rules of the company. Whenever these rules are amended, you shall be offically advised about the revised variable pay applicable in your case. ‘© Figure indicated above is only indicative in nature Is directly linked to performance of the employee and the organization ‘The employee has to be on board til 30" September to be eligible for the same Fixed at 15% of annualized basic pay from 1" Oct to 20” Sept @ "Meets Expectations” rating Will be prorata basis based on actual service period 12. Interest Subsidy on Loans Eligibility: © All permanent employees who have completed one year of continuous service at Emerson Information Technology Solutions, Mohall is eligibie for this benefit © Once in Syears for housing and vehicle for interest subsidy only. © One time for specified house or vehicle fora period of 5 years, ‘= Emerson Information Technology Solutions, Mohali Employees can approach any financial institution for obtaining loan for purchase of © Housing (New or used house, major renovation of the current house) © Vehicles (Cars and Two wheelers} Limits: + Interest Rate ~ 8 % Max (Reducing Balance Monthly Rest) +The Interest subsidy for vanous categories of employees is applicable to hisfher ‘corresponding grade. Registered Office : 201, Soltare Corporate Park, 151, M.V, Road, Andheri East) Mumbai - 400093& EMERSON. — Technology Solutions, Mohall (ADWn of rere CoN. uzer9ounF005TCoB7eSS 13. Broadband Charges - ‘You willbe eligible for reimbursement for broadband against submission of actual bills Bil have to be in the ‘name of the employee. Connection has to be taken by you in your name. The amount for the same wil be ‘as per existing company policy 14, Appraisals - “The Aporeisal Cycle at Emerson js from October ~ September of the Calendar year. The corresponaing Salary Hikes takes effect from 1" Apri of tre next year. Ths is subject to change as per Company Policy, 18. Notice Period ~ ‘Your Notice Period to the company is 3 Months. In case you desire to leave the Company, you would need to serve 3 calendar months’ prior written notice to the Company. Relieving you before the said period will be atthe diseretion of the Management based on business requirements. However you would nave to ‘compensate the Company for the corresponding shortfall of your Notice Period. 48. Notice Period Buyout - {As discussed with you, the Notice Period Buyout option is not applicable. fered Offce : 301, Solitaire Corporate Park, 151, MV. Road, Andheri (East) Mumbai - 400003