TRANSFER POLICY

Section III: HR Systems & Processes Titan Company Ltd & TCTL
Controlled Copy: For Internal Circulation Only: Version No: 3.3: Issue Date: 01.07.2021
 TRANSFER POLICY

OBJECTIVE: To provide a defined process for transfers across locations and to accelerate inter mobility process
for employee through inter/intra functional movements to develop talent for future roles.

SCOPE: All employees in Band 7 and above of Titan Company Limited & TCTL.

APPLICABILITY: Any transfer/movement which results in dislocation of an employee and family from one
location to another will be governed under the policy.

TRANSFER TO OTHER LOCATION: Based on organizational requirement, employees may be transferred from one
location to another. In such a situation, the following benefits can be availed by the employee on their transfer,
provided it’s not their the base location

1. TRANSFER BENEFITS (MONTHLY PAYMENT):

The below rates apply to all new transfer cases. At the time of promotion, an employee will be eligible for the
benefit which is higher - the currently availed or the new grade value:

Mumbai / Bangalore/Hyderabad/Pune/Kolk
Band Grade Other locations
Delhi ata/Chennai/ Ahmedabad/Sikkim

7A & 7B 3500 2500 2500

7C 4000 3000 3000

Band 7 7D 5000 4000 4000

7E 6000 5000 5000

7F 7000 6000 6000

6A 4000 3000 3000

6B 5000 4000 4000

Band 6
6C 6000 5000 5000

6D 7000 6000 6000

5A 6000 5000 5000

5B 7000 6000 6000

Band 5
5C 8000 7000 7000

5D 9000 8000 8000

Band 4 4A 9000 8000 8000

a. Trainees in Band 7 & 6 are eligible for 50% of applicable transfer benefit, during their training period,
provided transfer takes place after six month of joining based on organisational requirement.
b. MTs eligibility for Transfer Benefit: All MTs join in Corporate Office, Bangalore, which will be
Section III: HR Systems & Processes Titan Company Ltd & TCTL
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 TRANSFER POLICY

considered as their base location. In the first year of training, they will be assigned projects across
various locations however; transfer benefit/ CLA will not be applicable for this period. In the final role
allotment, involving relocation to a different city (other than the city where the training project was
done), one time disturbance allowance will be applicable. Any other subsequent transfers which will
involve their movement to a different location (except the base location), they will be eligible for
transfer benefit/CLA. Ex: MT who joined at Bangalore, does the training stint in other city and then
gets a final role in Bangalore will not be eligible for transfer benefit/CLA. In their second role
movement to another city, they will be eligible for transfer benefit/CLA.
c. Employees shifting their residence to the transferred location/city and availing transfer benefit will be
eligible for a house deposit advance, charged @ 8.5% Interest per annum, which will be recovered in
60 equated monthly installments (EMI). The eligible amount shall be upto 10 months of the applicable
HRA or 80% of the actual advance, whichever is lower.
d. Employees will continue to get their applicable HRA as per the city of transfer.
e. Employees moving to their home town where the employee or their parents/spouse own a house and
the employee is staying with them will not be eligible for transfer benefit. However, if an employee
gives an undertaking that they are staying in a rented house, transfer benefit will be considered based
on approval by Location HR Head and RBH/Manufacturing Head/Business Head.
f. Transfer Benefit/CLA will be extended only if there is a physical shifting of residence from current
location/city to transferred location/city. Accordingly, employees not moved to the city of transfer will
not be eligible for Transfer Benefit/CLA.
g. At the time of transfer, employee needs to take the option of availing transfer benefit/CLA by giving in
writing (as per Annexure 29 or Annexure 30 available in Me@titan portal). Once an employee takes
the option of availing transfer benefit, they will not be eligible to switch over to CLA until they transfer
to next location/city. However, in view of tax liability or for any other reason(s), if an employee
availed CLA wishes to switch over to transfer benefit, they may do so by submitting the request to their
respective HRBP in the prescribed format (Annexure 29). Employees who are already availing transfer
benefit will continue to avail the same until their transfer to the next location/city.
h. Employees transferred from Hosur to Bangalore (Corp or RO-South), Hosur to Chikkaballapur or
Bangalore to Chikkaballapur or vice versa will be eligible for Transfer Benefit & One Time
Disturbance Allowance (clause f) subject to physical shifting of residence to the transferred city. In
case of movement to Chikkaballapur an employee can locate a residence upto Devanahalli from
Chikkaballapur.

i. Transfer Benefit/CLA will not be merged with CTC, but the same will be considered for Income Tax
calculation.

COMPANY LEASED ACCOMMODATION:

Bangalore/Hyderabad/Pune/Kol
Band Grade Delhi / Mumbai kata/Chennai/ Other locations
Ahmedabad/Sikkim

7A & 7B 16000 11000 8000

7C,7D 18000 13000 9500

Band 7
7E 21000 15000 11000

7F 23000 17000 12000

Section III: HR Systems & Processes Titan Company Ltd & TCTL
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 TRANSFER POLICY

6A & 6B 18000 13000 9500

Band 6 6C 21000 15000 11000

6D 23000 17000 12000

5A 21000 15000 11000

Band 5 5B & 5C 23000 17000 12000

5D 26000 20000 14000

Band 4 4A & 4B 26000 20000 14000

a. Employees who opt for CLA following a transfer under this policy will be applicable for HRA at the
new location, which will be protected and paid as relocation allowance in the monthly salary.
b. In lieu of the transfer benefit provided under clause 1 of this policy, an employee may avail CLA as per
their band and grade eligibility. Both transfer benefit and CLA benefit cannot be availed
simultaneously.
c. For CLA, the company will pay the house advance to the extent of 10 months house rent allowance
(protected as relocation allowance) or 10 months monthly lease value, whichever is lesser, as an
advance against the employee to the landlord. It will be the responsibility of the concerned employee to
ensure that the deposit is refunded to the company on vacating the CLA. Since the house deposit
advance is given to the landlord, on termination of CLA or lease agreement, the landlord has to repay
the advance to the company by way of cheque or demand draft and the employees are not allowed to
collect the money and remit to the company. For this purpose, the employee will give an undertaking to
the company for recovery of the CLA advance at the time of their final settlement, if the CLA deposit
is not refunded to the company. CLA is applicable only if the employee stays in the city of transfer
within the district and does not own a house at the new location/city of transfer.
d. An employee cannot avail a CLA in the family members/spouse/parent’s name nor can an employee
avail CLA benefit on transfer if the employee owns a house at the location.
e. Where the CLA exceeds the CLA entitlements on transfer, the excess amount will be recovered from
the employee and shown under deduction column of the payslip.
f. Any damages/claims made by landlord, such as, painting charges, repairs, cleaning, etc. are to be
borne by the employee and the company will not be liable to pay such damages/claims.
g. Transfer Benefit/CLA will be withdrawn when an employee moves back to their original place of
appointment or acquires their own house at the place of transfer.
h. Transfer Benefit/CLA will not be eligible where an employee is transferred on their request.
i. Employees transferred from Hosur to Bangalore (Corp or RO-South) or vice versa will not be eligible
for CLA, but eligible for Transfer Benefit as mentioned above.
j. It is the responsibility of the employee to initiate CLA agreement renewal well before the expiry of the
current lease. Any delay on the part of the employee exceeding more than one month from the
proposed renewal date, employee will need to bear the CLA rental for the period from the date of
proposed renewal date to completion and reaching of the CLA renewal document to finance payroll.
k. At the end of the CLA agreement, if the premise is vacated or shifted to new premise, it is the
responsibility of the employee to get the refund of CLA advance from landlord to Titan Company
Limited, by cheque or DD only.
l. Any amount deducted or recovered by the landlord from CLA advance for painting, maintenance, etc.
Section III: HR Systems & Processes Titan Company Ltd & TCTL
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 TRANSFER POLICY

will be made good by the employee and shall be paid to the company.
m. On termination of CLA, the employee needs to collect a closure note (No Due Certificate) from the
landlord and handover the same to finance payroll.
n. Wherever online lease agreements are insisted by the state government, the same may be processed by
location HR/Admin department, after getting the draft vetted by the legal team.
ONE TIME DISTURBANCE ALLOWANCE:

Consequent to movement to the new city of transfer, a one-time disturbance allowance will be paid to take care
of incidental expenses at the new place of posting, and can be availed as under:

Bangalore/ Hyderabad/
Delhi/ NCR /
Band Grade Pune/ Kolkata/ Chennai/ Other locations
Mumbai
Ahmedabad

7A,7B,7C, 7D & 7E 20000 17000 15000

Band 7
7F 25000 20000 17000

6A, 6B & 6C 20000 17000 15000

Band 6
6D 25000 20000 17000

5A 20000 17000 15000

Band 5
5B,5C & 5D 25000 20000 17000

Band 4 4A & 4B 25000 20000 17000

One Time Disturbance Allowance will be paid only if there is a physical shifting of residence from current
location/city to transferred location/city. Any MT moving or posted or transferred after 12 months of joining will
be eligible for One Time Disturbance Allowance.

TRAVEL: Travel fare reimbursement for employee, spouse and dependent children will be as per eligibility
mentioned under the travel policy.

SETTLING DOWN EXPENSES: LODGING

a. In the event of no housing accommodation being provided by the company at the new location,
boarding and lodging at actuals for self and family for a period of upto 2 weeks will be provided as per
the travel policy entitlements.
b. Non Hotel Stay Allowance: Should the employee not opt to stay in a hotel during this period, they will
be eligible to claim a non hotel stay allowance as prescribed under travel policy (maximum three days).
c. Where the distance between two cities (current and proposed) is less than 100 kms, settling down
expenses are not applicable.

GENERAL GUIDELINES:
1. Transportation of Personal Belongings: Actual expenses incurred by the employee in transporting
Section III: HR Systems & Processes Titan Company Ltd & TCTL
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 TRANSFER POLICY

personal belongings by truck or train, including packing charges, will be reimbursed. Such claims
should be supported by bills, after obtaining prior sanction of the estimate from the concerned Admin
department. The employee should submit 3 quotes to Admin department and the least valued will be
reimbursed. The company will also bear the transportation cost for two wheeler for Band 7 & 6 and
four wheeler or two wheeler for Band 5 and above. Insurance premium based on the least amount of
three quotes will be reimbursed and employee needs to get the approval of Location HR/Admin Head
prior to transportation.
2. Four/Two wheeler re-registration charges: Where an employee owns four or two wheeler vehicle
prior to transfer and wants to transfer the same to new location, and requires to re-register the vehicle,
they will be given an interest free advance to the extent of re-registration charges subject to production
of proof. Simultaneously, the transferred employee will need to apply for a refund of registration
charges from his previous state’s RTO where the vehicle was previously registered. The difference
between re-registration charges and refund will be adjusted against the advance and the balance to be
paid to the company by the transferred employee. Beyond one year of availing the advance, the
employee will be required to settle the advance. In case the employee fails to settle or claim the refund
from the previous RTO, the advance amount will be settled considering the refund they would have
received from the previous RTO based on the age of the vehicle.
3. House Brokerage: Employees are eligible to claim house brokerage at actual as per prevailing norms
(maximum one month rent) subject to production of bills/receipt.
4. School Donation: Employees are eligible for reimbursement of children’s school donation at the new
location subject to production of bills/ receipts. Fees towards tuition/academic fees, lab fees, sports
fees, computer fees, books, etc will not be reimbursed.
5. Insurance Coverage: The company will also reimburse the insurance charges to cover for loss/
damage of personal belongings of household items, excluding jewellery/ornaments and alike up to a
premium value of Rs.4500/-. It will be the responsibility of the employee to arrange for a requisite
insurance cover.
6. Advance: The employee will be entitled to draw an adequate advance as per the travel policy to cover
their travel and to meet the expenses for packaging and transporting of household goods.
7. Submission of Expenses Statement: The employee will be required to settle the transfer expenses to
accounts, as per Annexure 4 of travel policy, within fifteen working days of reporting at the new
location.

DEPUTATION RULES:

1. All outstation employees posted to a location for duration over one month will be considered as
deputation. In all such cases, Admin team in corporate office and HRBP/Admin team will arrange
either a paying guest or guest house accommodation. A consolidated statement on a weekly basis shall
be submitted to Finance team for reimbursement of the daily incidental expenses and/or daily
allowances for meals, where boarding facility is not extended.
2. If deputation extends for over six months, it will be considered as transfer.
3. Employees on deputation shall continue to get hometown HRA.
4. Employees on deputation will continue to get HRA as per their base location. The employee shall make
claims once a week on deputation and the RBM/RBH will approve all such claims.

Any deviations from this policy require approval from the MD/CPO.

Management reserves the right to modify or terminate or withdraw this policy without prior notice.

Section III: HR Systems & Processes Titan Company Ltd & TCTL
Controlled Copy: For Internal Circulation Only: Version No: 3.3: Issue Date: 01.07.2021
 TRANSFER POLICY

SWADESH KUMAR BEHERA

EXECUTIVE VICE PRESIDENT & CPO

APPLICATION FOR TRANSFER BENEFIT THROUGH SALARY ON TRANSFER

Date:

From

Name : ___________________________

Empcd : __________________________

Section III: HR Systems & Processes Titan Company Ltd & TCTL
Controlled Copy: For Internal Circulation Only: Version No: 3.3: Issue Date: 01.07.2021
 TRANSFER POLICY

Dept : ____________________________

Location: _________________________

To : The Location/Regional HR/Admin. Head.

Dear Sir,

Sub: Request for Transfer Benefit based on Transfer Letter dated: _______________- ________________.

I have been transferred from ______________________ to ___________________ with effect from

________________. As per the Transfer Policy I would like to avail Transfer Benefit through salary. I have
moved / will be moving to the following address:

Address of the House :

landlord name :

Address & Contact No. of landlord:

Undertaking:

I hereby declare that I understood the Income Tax implication towards the Transfer Benefit payable through
salary and I do agree for the terms therein

I further declare that I do not own a House in my city of posting / transfer or if my parents own a house in my
city of posting / transfer, I am not staying with them and I am aware of clause 4.1(vi) and 4.2(vii) of Transfer
Policy.

I also declare that immediately after acquiring a house on my own in the City of posting / transfer I will notify
the same to the Company and I agree for withdrawal of Transfer Benefit immediately.

I also agree that upon transfer of my job to the city of initial place of joining, the Transfer Benefit will be
withdrawn from the date of transfer.

Request you to advise Payroll for payment of Transfer Benefit through salary.

_________________________

SIGNATURE OF EMPLOYEE

APPLICATION FOR COMPANY LEASED ACCOMMODATION ON TRANSFER

Date:

From

Name: __________________________

Empcd: __________________________

Dept: ____________________________

Location: _________________________

To : The Location/Regional HR/Admin. Head.

Section III: HR Systems & Processes Titan Company Ltd & TCTL
Controlled Copy: For Internal Circulation Only: Version No: 3.3: Issue Date: 01.07.2021
 TRANSFER POLICY

Dear Sir,

Sub: Request for Company Leased Accommodation based on Transfer Letter

Dated:_______________-_______________.

I have been transferred from ______________________ to ___________________ with effect from

________________. As per the Transfer Policy I would like to avail Company Leased Accommodation. I have
identified a House at the following address:

Address of the House:

landlord name:

Address & Contact No. of landlord:

I have verified the ownership details of the property and the same is genuine.

Undertaking:

I hereby declare that I understood the Income Tax implication towards the Company Leased Accommodation
and I do agree for the terms therein

I further declare that I do not own a House in my city of posting / transfer or if my parents own a house in my
city of posting / transfer, I am not staying with them and I am aware of clause 4.1(vi) and 4.2(vii) of Transfer
Policy. I also agree that upon transfer of my job to the city of initial place of joining, the CLA Benefit will be
withdrawn from the date of transfer. I also declare that immediately after acquiring a house on my own in the
City of posting / transfer, I will notify the same to the Company and I agree for withdrawal of Transfer Benefit
immediately.

I hereby undertake that at the time of vacating the House I will ensure that the advance paid for my CLA is
returned to the Company. I also undertake that in the event of non return / non-refund of House Advance, the
same may be recovered from my salary or final settlement.

Request you to execute the Company Leased Accommodation Agreement with effect from ___________.

______________________

SIGNATURE OF EMPLOYEE

COMPANY LEASED ACCOMMODATION GUIDELINES FOR TRANSFERRED EMPLOYEES:

Following guidelines will apply for availing Company Leased Accommodation by a transferred employees.

1. In case of employees from Band 7 to Band 4 Transfer Benefit and CLA limit clause will be
incorporated as part of transfer letter.
2. Employees who wants to opt for Company Leased Accommodation need to finalise a house on his/her
own and give a request letter as per annexure and Deed of Undertaking in Rs.100/- stamp paper to the
concerned Location HR/Administration Head.
3. Concerned Location Administration Head will prepare and execute a Lease document and advise
Payroll/concerned location Finance Head for further processing. Please note the following
● The lease agreement will be prepared on the standard lease agreement format only

Section III: HR Systems & Processes Titan Company Ltd & TCTL
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● The documents such as Sale Deed OR Khatha/Patta OR House Tax Receipts need to be submitted
for clearance from legal team to ascertain the ownership of the property. In case of power of
attorney the POA document to be produced
● The lease agreement will be entered only post the legal clearances
● Adequate notice to be given for all paper works – minimum 2 weeks
● While vacating the premises the employee is responsible to serve the notice period as per the
agreement.
● The employee should negotiate and finalise the rent and deposit details
4. Based on the Lease Agreement concerned Location Finance will release the House Deposit Advance
and pay the rent month on month, as long as an employee stays in that house. The Location Finance
Head need to send a communication to Payroll so that employee’s actual HRA will be protected and
paid as a Relocation Allowance, as long as the employee avails the CLA.
5. When an employee gets transferred to other location or vacating the house on various reasons, it is the
responsibility of the employee to inform the concerned Location Admin and Finance Head and ensure
that the Advance is returned / refunded to the Company.
6. The Company will reimburse the house brokerage charges for the Company Leased Accommodation at
actual as per the prevailing norms subject to production of Bill/Receipt.
7. Finally it is the responsibility of the employee to ensure that the House Deposit Advance paid to the
landlord is refunded/returned at the time of vacating the house. In the absence of receipt of advance the
Company has the authority to recover the same from the employee from his/her salary or final
settlement.

DEED OF UNDERTKING

This Deed of Undertaking is executed on this day of ……………………………….. by

Mr…………….., S/o. , working as ………………..in Titan Company Ltd (which expression shall wherever
the context as required or admits shall mean and include his legal heirs, successors, executors and
administrators) hereinafter referred to as the Employee.

In favour of:

M/s. Titan Company Ltd, a Company incorporated under the provisions of the Companies Act, 1956 having
its Registered Office at 3, Sipcot Industrial Complex, Hosur 635 126, Tamil Nadu and its Corporate Office
situated at “Integrity”, No.193, Veerasandra, Electronics City Post, Off. Hosur Main Road, Bangalore – 560 100
(which expression shall wherever the context as required or admits shall mean and include its successors,
executors and administrators) hereinafter referred to as the `Company` represented herein by its duly
constituted Authorised Signatory.

I. WHEREAS the Company is engaged interalia in the business of designing, manufacturing and
also selling watches, designer Jewelry and new generation Glasses.
II. WHEREAS, the Employee was on the look out for suitable premises for his premises and by
virtue of the employee's designation in the Company, the Employee has become entitled to a
Company Leased Accommodation, hereinafter referred to as the premises. Accordingly the
Company has agreed to provide the Employee a Company Leased Accommodation subject to the
following conditions and undertakings given by the Employee hereunder:

Section III: HR Systems & Processes Titan Company Ltd & TCTL
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 TRANSFER POLICY

WHEREAS IN CONSIDERATION OF THE MUTUAL COVENANTS SET FORTH BELOW, THE

EMPLOYEE AND THE COMPANY (HEREINAFTER REFERRED TO AS THE PARTIES)
WITNESSES AS FOLLOWS:

1. The Employee who intends to enter into a Company Leased Accommodation affirms that he shall first
visit the site of such premises, inspect the premises and only upon being completely satisfied that
everything is in order, the Employee undertakes that he shall obtain the Title Deeds (either original or
certified copies) of the said Premises and hand over the same to the Administration Department for
scrutiny of the title by the Legal Department.
2. Pursuant to the scrutiny of the title deeds of the premises by the Legal Department, the Employee shall
get the lease agreement (the draft which shall be supplied by the Administration Department)
prepared on a Rs…………………Stamp Paper and get the said lease agreement executed by the
landlord, himself and shall handover the said duly executed Lease Agreement with the administration
Department who shall upon the receiving the same arrange for payment of security deposit as
mentioned in the Lease Agreement.
3. The Employee affirms that he shall bring any such points worthy of specific mention to the attention of
the landlord in writing prior to him occupying the premises. The Employee shall hand over a copy of
any such written communication with the Administration Department for reference.
4. The Employee hereby affirms that he has received the keys of the said flat this day and would occupy
the flat on the date convenient to him. The Employee further undertakes that he shall alone along with
his family members only occupy the said premises. The Employee undertakes not to sub-lease the said
premises. In the event the Company finds out that the Employee has sub-let the premises, then the
Company shall forthwith enter upon the premises and take vacant possession of the same and further be
entitled to recover whatever rents that it has already paid to the Lessor along with damages form the
Employee. The Employee undertakes not to interfere with the actions of the Company and shall also
pay any rents and damages that the Company deems fit in the circumstances.
5. The Employee undertakes that he would take due care of the premises along with all furniture and
fittings and return the same to the Company subject to normal wear and tear. The Employee undertakes
that in case of any damage caused to the premises i.e any damage caused to windows/frames, doors,
electrical fittings etc, he shall ensure that the said damage is made good prior to handing over the
vacant possession of the premises to the Company.
6. The employee undertakes to punctually pay all the outgoings of the premises i.e all the Electricity and
Water charges till the date the employee vacates the premises. In case the employee fails to clear the
said outgoings, the Company shall have the absolute right to get the same reimbursed from the
Employee along with punitive interests.
7. The employee further undertakes that he shall occupy the premises only for the period of his
employment with the Company and he shall hand over the vacant possession of the premises to the
Company on him ceasing to be the employee of the Company or on his own volition.
8. The Employee undertakes that he shall intimate the Administration Department in writing about the
expected vacation of the premises by him in accordance with the Lease agreement. Due notice shall be
issued by the Administration Department to the landlord. However in case the Employee fails to
intimate the same to the Administration Department and if any rents which could have been avoided
for any period has consequently been paid by the Company beyond the date on which the premises is
vacated by the Employee, then the rents so paid shall be made good by the Employee to the Company.
In case the Employee fails to pay the same, the Company will have to right to recover the same as it
thinks fit.
9. The Employee shall obtain an appropriate release letter from the landlord of the premises and furnish
the same to the Administration Department to establish that the Company has no further liability
towards the premises that has already been vacated.
10. The Employee undertakes to hand over the vacant possession of the premises together with all the
fittings and furniture, if any, to the landlord and further he shall also ensure that he shall collect the
deposit amount from the landlord and handover the same to the Company without fail. Failure of

Section III: HR Systems & Processes Titan Company Ltd & TCTL
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which Company shall be entitled to proceed against the employee to recover the same from him with
interest and litigation cost, if any, in accordance with law.
11. However if the Employee squats around the premises even after him ceasing to the Employee of the
Company, the Company shall stop making any payments to the landlord and inform the landlord that
the Employee is no longer with the Company and the Company shall forthwith enter upon the premises
and take vacant possession of the same and further be entitled to recover whatever rents that it has
already paid to the Lessor along with damages from the Employee. The Employee undertakes not to
interfere with the actions of the Company and shall also pay any rents and damages that the Company
deems fit in the circumstances. However nothing in the said undertaking shall prevent the Company
from initiating appropriate legal proceedings both civil and criminal as the Company deems fit.
12. The employee undertakes that he would pay all the maintenance and outgoing charges over and above
the lease charges as agreed at clause 3 supra. The Employee further agrees that the last paid receipt of
the paid up charges shall be handed over to the Company at the time of the Employee vacating the
premises either on the expiry of the term of the lease or earlier termination due to his ceasing to be the
employee. Any arrears of any kind of payments whatsoever payable by the Employee to the landlord,
if paid by the Company or such arrears being appropriated by the landlord against the deposit paid by
the Company the same shall be recovered by the Company from the salary of the Employee. However
the Company if unable to recover the same from the salary of the Employee, the Company hereby
reserves the right to initiate appropriate proceedings against the defaulting Employee for recovery of
the same along with damages.
13. Apart form what ever may be stated in the lease agreement there shall be no commitments (financial or
otherwise) whatsoever on part of the Company towards the landlord. Such commitments if any shall
be borne by the employee and the Employee undertakes that such commitments shall not be prejudicial
to the rights of the Company.

IN WITNESS WHEREOF, the Employee hereby agrees that he has read, understood and only then executed
this letter of Undertaking out of his own accord and free will with no compulsion, coercion or any kind of duress
from any person whatsoever as of the Effective Date.

Section III: HR Systems & Processes Titan Company Ltd & TCTL
Controlled Copy: For Internal Circulation Only: Version No: 3.3: Issue Date: 01.07.2021