4 WhiteHat Jr Live Online Coding for Kids 22-07-2021 Ms, Ekta Bhaskar Phone number +91 7206327185 Email -ektal 2bhaskar@gmailcom Dear Eta, Further to our discussions, the following is a summary of terms and conditions applicable to your association with Whitehat Education Technology Private Limited ("Company"). Once you accept this offer, the terms will be crystalized inthe form of an employment agreement. 1. Position: You will be employed ina full-time position, as "Software Engineer” for India IND. By Signing this offer, you confirm that you are under no contractual or other legal obligations that would prohibit you from performing your duties, 2. Date of Joining: Your date of joining the employment will be not later than 26-07-2021, after which date we shall have the unilateral right to terminate this offer. 3. Compensation: You wil receive a fixed yearly compensation of INR 20,00,000/- (Indian Rupees Twenty Lakh Only) on a cost-to-company basis, subject to applicable taxes and all statutory deductions ("Compensation"). The flxed component of the Compensation willbe paid on a monthly basis beginning your appointment. The company reserves the right to allocate any shift or transfer yout Shift schedule, based on ‘exigency. You wil be eligible to receive your frst monthiy compensation only if you serve the company for minimum 10 days from the date of joining. Falling so, the company will nat be liale to pay any compensation to you. a different 4. Confidential Information: You hereby represent and warrant that, at all times, you will maintain confidentiality with respect to all and any information relating to the Company ("Confidential Information”). You will not, ether directly or ingirectly, make any disclosure of Confidential Information to any third party, or make any use of Confidential Information, for your own benefit or the benefit of any third party, without the Company's prior written consent. You shall maintain proper and secure custody of the Confidential information to which you may be privy and shall use your best endeavors to prevent the use or disclosure of the Confidential Information by orto third paris. Post the acceptance of the offer leter, the Company reserves the right to share with you certain information in respect of the Company's product ‘and services as well a its operations which are non- public and proprietary in nature. You are hereby obligated to protect the confidentiality of such information at ll mes regardless of your joining the employment of the Company. 5. Belusivity: You will not enter into any employment oF discussions with any potential employers for a period of 30 (thirty days) after the date hereot, This employment offer shall be subject to you agresing upon the following terms and conditions, jointly and independently binding upon you totaly ‘A. At Will: Being applauded and accepted by you at your own will and has explained about the working methodology in the epidemic/pandemic and force majeure. B. Infrastructure: It is declared and accepted by you about having requisite infrastructure to perform your duties from any location other than the work place. infrastructure means laptop/desktop with required configurations, updated RAM, working dongle for data connectivity, video and audio features You have agreed unon to perform as per the existing or change of any performance targets/ KRAS/KSAs during COVID 19 situation and or otherwise {and failing which the said employment will came to an end without honorarium or implications, liabilities and accountablity of any Government notification for panderic/epidemic and force majeure in nature existing or may comein future. . Any tigation, grievances and disputes with regards to this willbe treated null and void, which you declare at your wish and wil For Whitehat Education Technology Private Limited WHITEHAT EDUCATION TECHNOLOGY PRIVATE LIMITED Registered Office Address: 028-139,Wing-A, 2nd Floor, WeWork Chromium, Near L&T Fiyover, Milind Nagar, JVLR, ‘Mumbai- 400072, Maharashtra, India. email info@whitehatjr.com CIN: U74999MH2018PTC3156904 WhiteHat Jr wh Date: 22-07-2021 Place: Mumbai Ekta Bhaskar Date: Place: WHITEHAT EDUCATION TECHNOLOGY PRIVATE LIMITED Registered Office Address: 028-139,Wing-A, 2nd Floor, WeWork Chromium, Near L&T Fiyover, Milind Nagar, JVLR, ‘Mumbai- 400072, Maharashtra, India. email info@whitehatir.com CIN: U74999MH2018PTC3156904 WhiteHat Jr Live Online Coding for Kids Annexure 1: Compensation Break Up (Allfiguees in indian Rupees) (Subject to Tax Deducted at Source as per applicable laws) ‘SALARY COMPUTATION Components. Per Annum| Per Month Basic 800000 66667 HRA 400000 33333 Special Allow ance 778400 64866 Gross Pay 1978400 164867 PF - Employer Contribution 21600 1800 Fixed Pay 2000000 166667 ‘Annual Performance Bonus Upto 200000 16667 Total CTC 2200000 183333 Please Note: Employee contribution to PF vill be deducted from employee's grass pay. Employee can select Flexi Benefit Plan components listed in Annexure -2 based on eligibility subject to availabilty of the amount in Supplementary Allowance, Standard tax liability will be incurred as per government regulations on income, Description of components is mentioned in Annexure 2 Benefits Benefit Group Term Life Insurance Group Personal Accident insurance coverage Employee Employee Sum insured 3 times employee's Annual Fixed Pay 3 times employee's Annual Fined Pay WHITEHAT EDUCATION TECHNOLOGY PRIVATE LIMITED Registered Office Address: 028-139,Wing-A, 2nd Floor, WeWork Chromium, Near L&T Fiyover, Milind Nagar, JVLR, Mumbai- 400072, Maharashtra, India. email: info@whitehatj.com CIN: U74999MH2018PTC315690,Group Medical Coverage Group Medical Coverage (Parental Policy- Optional; 50% Premium borne by the employes) Emotional Wellness 4 WhiteHat Jr Live Online Coding for Kids Employee, Spouse, 2 dependent INR3,00,000 Children Cone set of parents ~ Parents or Parents-in-laws INR3.00,000 Counseling assistance for Employee Reimbursements: Expenses Covered Reimbursement Limit Internet Services Up to INR 1,000 oras per actuals, whichever is lower Telephone Expenses up to INR 1,000 or as per actuals, whicheveris lower ‘Annewure 2: Compensation Break Up Basic 40%of annual fied pay; Paid monthly and taxable 50% of Basic; Paid monthly, tax exemption is subject to the submission of original ent receipts and other supporting documents at HRA the time of annual Investment proof submission or during the exit of an employee Flex efit Components Employee can choose any value between 0 and 50% of Basic. Tax exemption is subject to submission of valid travel fare ua receipts, tickets and supporting documents. All ules set under LTA by competent authorty will pay ealco, Employee can choose any value between 0 and 2400 per month. Meal coupons are added in to Food wallet provided by Por Paytm. Entire value mentioned under Meal coupon is Tax exempted. Full KYC is mandatory for meal coupons. Books and _Employee can choose any value between 0 and 1000 per month. Employee can use this allowance to purchase books, WHITEHAT EDUCATION TECHNOLOGY PRIVATE LIMITED Registered Office Address: 028-139,Wing-A, 2nd Floor, WeWork Chromium, Near L&T Fiyover, Milind Nagar, JVLR, ‘Mumbai- 400072, Maharashtra, India. email info@whitehatir.com CIN: U74999MH2018PTC3156904 WhiteHat Jr Live Online Coding for Kids Periodicals periodicals and professional journals or magazines related to their professional domain, Employees can avail tax benefit ‘Allowance by submitting valid bils of purchase. Includes the lease rent amount to be paid by organization to the owner of the vehicle an behalf of employee who has Cartease Rent avaled the benefit of company provided leased car. Maximum limit on lease rent varies for each Job Level. Only employees in Job Level of Sr. Manager and Above with annual fixed pay more than INR 15,00,000 per year are dligible. Fuel Charge includes reimbursement of fuel charge for employees who has availed the benefit of company provide leased car. Tax Reimbursement exemption will be provided as per rules lad outin company policy car Maintenance Includes reimbursement of maintenance and insurance cost for employees who has availed the benefit of company and Insurance provided leased car. Tax exemption willbe provided as per rules laid out in company policy. Reimbursement Driver Salary Includes reimbursement of driver salary for employees who has availed the benefit of company provided leased car and Reimbursement has hired driver for the car. Tax exemption willbe provided as per rules laid out in company policy. Retirals PF - Employer a Provident fund is calculated at INR 1800 per month as employers contribution to employee's PF account Contribution Similar amount 3s employer contribution, INR 2800 per month, is deducted from employee's gross salary as your PF - Employee contribution Contribution The Employees’ Provident Funds and Miscellaneous Provisions Act, mandates compulsory employer and employee contribution to PF account Gratuity is governed by payment of Gratuity act and would be paid to employees completing 5 years with Whitehat rata "v Education Technology Private Limited Performance Pay Annual Performance pay will be paid based on employee's performance on the job. For job levels- Vice President and President, Performance performance pay will depend on both - individual and organization performance. Performance pay will be paid in accordance Bonus with the rules set by the company in Performance pay policy. WHITEHAT EDUCATION TECHNOLOGY PRIVATE LIMITED Registered Office Address: 028-139,Wing-A, 2nd Floor, WeWork Chromium, Near L&T Fiyover, Milind Nagar, JVLR, ‘Mumbai- 400072, Maharashtra, India. email info@whitehatjr.com CIN: U74999MH2018PTC315690