Offer Letter of Swapnil Ramkrishnarao Bandre

Date: 24.01.2019

Dear Swapnil Ramkrishnarao Bandre,

Congratulations upon your selection and choosing "Birlasoft" Limited as your career choice.

Welcome to the Birlasoft family. We are pleased to extend an offer to you in our company with effect from 25.03.2019 as:

Role: Consultant
Designation: Sr. Technical Consultant
Grade: D Grade

Your base location would be at Pune- Hinjawadi.

A new assignment, office, culture and colleagues, await you so that we can achieve the company's vision of building a global
IT consulting organization of first choice.

Work life at Birlasoft is all about exciting new challenges and innovation embedded into the fabric of every deliverable for
mutual growth. It's needless to mention that fun is an integral part of the work culture. We invite you to be a part of the journey
to make it even a better place!

The following are the terms and conditions of the offer:-

Your Total Target Compensation will be INR 1,400,000.00 /- ( Fourteen Lakh Only). The Annual salary break-up is presented
in Annexure A along with Joining Benefits and other benefits applicable to you and your family. In addition, you will be eligible
fo r Gratuity, Mediclaim and Group Personal Accident Insurance benefits as per the company policy. The duly signed
appointment letter will be issued to you on the first day of your joining at Birlasoft only upon submitting your valid testimonials
and related joining formalities.

You shall be governed by the terms and conditions of service during your employment with Birlasoft as per existing HR
policies and those that may be amended from time to time.

"Please note that Birlasoft (India) Limited has merged with KPIT Technologies Limited ("KPIT") in accordance with a scheme
of amalgamation ("Scheme") approved by the Mumbai bench of the National Company Law Tribunal pursuant to its order
dated 29 November 2018. KPIT's name has changed to Birlasoft Limited with effect from 8 February 2019 pursuant to the
approval of the Registrar of Companies (Pune). During the course of your employment with the Company, you will be subject
to terms and conditions set out in this offer letter and the Company's policies, practices and procedures, as notified to you,
from time to time."

As a token of your acceptance of the above terms and conditions of the offer, please sign the duplicate copy of this letter and
indicate the date on which you can begin your employment with us.

Yours Sincerely,
For: Birlasoft Limited

Shahzada Raihan
Assistant Vice President
Talent Acquisition

Birlasoft Limited
(Formerly KPIT Technologies Limited)
Registered Office: 35 & 36, Rajiv Gandhi Infotech Park, Phase - I, MIDC, Hinjawadi, Pune (MH) 411057, India
+91 20 6652 5000 | Fax +91 20 6652 5001 | contactus@birlasoft.com | www.birlasoft.com
CIN: L72200PN1990PLC059594
 ANNEXURE A

Components Monthly [Amount (in INR)] Yearly [Amount (in INR)]

Basic Salary 24,419.00 293,023.00
House Rent Allowance 12,209.00 146,512.00
Monthly Bonus 4,884.00 58,605.00
Employer's contribution to Provident Fund 2,930.00 35,163.00
India Allowance 9,003.00 108,040.00
Flexi Basket* 0.00 0.00
Additional Allowance 36,994.00 443,928.00
Fixed Compensation** 0.00 1,085,271.00
Skill Allowance 16,279.00 195,349.00
Other Compensation 0.00 195,349.00
Variable Performance Incentive*** 0.00 119,380.00
Incentive and Bonus 0.00 119,380.00
Monthly Total 106,718.00 0.00
Total Target Compensation 0.00 1,400,000.00
Notional Provision for Statutory Gratuity**** 0.00 14,094.00
Employer's contribution to Insurance Premium***** 0.00 4,700.00
Other Benefits 0.00 18,794.00
Cost to Company 0.00 1,418,794.00

** Fixed compensation is payable subject to adherence of all applicable policies of the organization.
*** The amount mentioned under Variable Performance Incentive is fully variable and payable on the performance as per
Company Policy.
**** As per Payment of Gratuity Act.
***** The amount mentioned is an indicative average cost incurred by Company towards Group Mediclaim, Group Personal
Accident and Group Term Life Insurance premium.

Note:-

1. The above salary break-up is per annum and is provided based on the existing company policies and may undergo
change from time to time.
2. As per the company policy you are required to maintain total confidentiality of your compensation details.
3. Certain figures mentioned in this Letter of Offer, including financial information have been subject to rounding-off
adjustments. In certain instances,
1. the sum change of such numbers may not match exactly to the total figure given; and
2. the sum of the numbers in a column or row in certain tables may not match exactly to the total figure given for
that column or row.

Birlasoft Limited
(Formerly KPIT Technologies Limited)
Registered Office: 35 & 36, Rajiv Gandhi Infotech Park, Phase - I, MIDC, Hinjawadi, Pune (MH) 411057, India
+91 20 6652 5000 | Fax +91 20 6652 5001 | contactus@birlasoft.com | www.birlasoft.com
CIN: L72200PN1990PLC059594
Additional Notes to Offer Letter

Salary Review: You will be considered for salary review as per the company's policies effective from time to time.

Validity: This offer is valid for a period of 7 days from the date of issue. Also, the company has made the offer of employment
on the basis of the bonafide statements and facts provided by you. At the time of employment or during employment if the
company finds the information provided to be false or misleading, it reserves the right to take appropriate disciplinary action
against you which also includes termination of employment.

In case you decide to end your employment with the Company or the Company terminates your services for any reason before
you complete one year of employment with the Company,

1. the company retains the right to recover from you any expenses incurred by it in connection with your recruitment
including, but not limited to, fees paid to consultant, joining benefits paid to you (if any), etc. and
2. the company retains the right to recover from you any expenses incurred by it for processing any visa/ work permit for
you and/or any of your family members.

Notice Period: This appointment may be ended by either side with a notice period of 90 days or pay in lieu of notice. The
discretion to accept pay in lieu of notice rests with the Company and you will be bound by any such decision, which will be
taken based on work exigencies and you therefore may be required to work through the notice period. In case an employee
resigns of his/her own will, The Company reserves the right to release the employee prior to the notice period of 90 days,
taking into consideration business needs and work exigencies and the Company will not be liable to make any payment to the
employee in lieu of the notice period. The Company also reserves the right to recover the period costs of any specific
expenditure incurred, either on processing a visa/ work permit or for any specific training given for an assignment and where
you are unable, for any reason, to fulfil your part of the obligation, either to travel or to complete the assignment.

Assignments & Deputations: You may also be assigned and /or deputed to any other location for fulfilling the company's
business needs. This could include client locations, group companies, or a subsidiary and any other location as a
representative of Birlasoft Limited or its group companies.

Arbitration: All disputes arising out of or in connection with this Agreement shall be settled through mutual negotiation failing
which, shall be referred to arbitration in pursuance of the Arbitration and Conciliation Act, 1996 by a panel of three arbitrators
one appointed by each side and the third by the two arbitrators. The award rendered by the arbitrators shall be final and
binding upon both parties concerned. The place of arbitration shall be Pune. The language of the arbitration shall be English.
The cost of arbitration shall be initially borne equally by the parties. However upon the award being given, the prevailing Party
shall be reimbursed all the costs incurred by it towards arbitration by the other Party.

Birlasoft Limited
(Formerly KPIT Technologies Limited)
Registered Office: 35 & 36, Rajiv Gandhi Infotech Park, Phase - I, MIDC, Hinjawadi, Pune (MH) 411057, India
+91 20 6652 5000 | Fax +91 20 6652 5001 | contactus@birlasoft.com | www.birlasoft.com
CIN: L72200PN1990PLC059594
Brief Note on Variable Performance Incentive:-

1. VPI will be paid twice in a financial year, once after the mid-year review (H1 period) alongwith salary of November and
then after the H2 appraisal period along with the salary of May.
2. In H1, VPI will be paid at 40% of the annual eligibility
3. At the end of the financial year, VPI will be calculated on annual eligibility. In case the annual payout is more than 40%,
H1 VPI paid will be adjusted against the total payout. In case the annual payout is less than 40%, H1 VPI paid will not
be recovered.
4. Your first year VPI payout will be calculated based on your joining month, complete details of which will be available in
the Personnel policy handbook.
5. For candidates joining in the middle of the H1 / H2 period, VPI eligibility will be prorated for the number of days in the
respective appraisal period. This is subject to their joining date as in a person needs to be part of appraisal process
6. The Respective SBU Head will decide & distribute the VPI Kitty to the employees.
7. In case employee's last working date with the organization falls before the last date of the appraisal period (30th Sept
for H1, 31st March for H2), the VPI for that appraisal period in which the employee has been relieved will not be paid.
8. If the employee's last working date is the last day of the appraisal period, he will be paid VPI for that appraisal period.
9. All other terms of the VPI policy will be as per the HR Personnel handbook available on joining.

Documents to be brought on the date of joining

Original & 1 set of self-attested photo copies to be brought on the date of joining

1. Two copies of Adhaar Card

2. PAN card
3. Copy of DOB(e.g. Drivinglicense/PANCard/Passport Copy/School Leaving Certificate/Birth Certificate etc.)
4. Permanent Address Proof
5. Bachelors Degree along with Certificate and Marksheets
6. Masters Degree along with Certificate and Marksheets
7. Diploma along with Certificate and Marksheets
8. Secondary and Higher Secondary certificates
9. Previous employers relieving letter/experience certificate
10. Previous employers appointment letter
11. Two Photographs (as per US visa specifications 50 x 50 mm, 80% face, grey/white background)
12. Name Change Documents (If applicable)
13. Provident Fund Number

Please note that absence of proofs of date of birth would result in exclusion from Company Insurance Coverage, Gratuity,
Provident Fund etc.

Background verification will be conducted at the time of induction and at any time during your tenure with Birlasoft Limited. All
are expected to provide the relevant data during induction for closing background verification successfully.

Birlasoft Limited
(Formerly KPIT Technologies Limited)
Registered Office: 35 & 36, Rajiv Gandhi Infotech Park, Phase - I, MIDC, Hinjawadi, Pune (MH) 411057, India
+91 20 6652 5000 | Fax +91 20 6652 5001 | contactus@birlasoft.com | www.birlasoft.com
CIN: L72200PN1990PLC059594
 Details of "StepIn@Birlasoft": The Induction program

® Birlasoft Limited
Invites you
For The
Induction Program

"StepIn@Birlasoft- Journey towards Excellence"

Program Details

Day: Monday

Time: 08:30am to 05:30pm

Venue: Birlasoft Limited

Dress Code: Business Formals

* Refreshments will be provided on Day 1

On your arrival to the campus visit the security gate. After creation of the temporary employee card contact the reception.
Please wait until you are escorted to the Training room.

Joining Date: 25.03.2019

Venue: Pune

Please bring a copy of this offer letter with you on the date of joining.

Please note that later on, you will be invited for the second and final part of "StepIn@Birlasoft", which is the Corporate
Induction Program organized once a month.

For any further assistance, you can contact Nivashini U (7899339106).

Birlasoft Limited
(Formerly KPIT Technologies Limited)
Registered Office: 35 & 36, Rajiv Gandhi Infotech Park, Phase - I, MIDC, Hinjawadi, Pune (MH) 411057, India
+91 20 6652 5000 | Fax +91 20 6652 5001 | contactus@birlasoft.com | www.birlasoft.com
CIN: L72200PN1990PLC059594