A Detailed breakup of Monetary Component of CTC Fixed Component | Monthly %) [Annual (%) | Basic 41,667.00 | 3,00,004.00 HRA 16,666.80 | 2,00,001.60 Special Allowane 18,200.20 | 2,18,402.40 Food Allowance 3,000.00 | 36,000.00 ‘Telephone Allowance 1,000.00 | 12,000.00 Internet Allowance 1,000.00 | _ 12,000.00 Fixed Salary 81,534.00 | _9,78,408.00 Employer Contribution toPF | __‘1,800.00 | _21,600.00 Gross Salary 3,334.00 | 10,00,008,00 Maximum Variable Component =| 2,00,000.00 (Annual) ESOPs (worth with cap of 834 ESOPs - | 1,00,000.00 and issued after completion of 2 years) Health Insurance =| 10,000.00 Gratuity Provision = |__ 24,050.00 Cost To Company (CTC) = | 13,34,058,00 Note: 1. The yearly variable pay will be paid for timely achievement milestones with adequate quality and outstanding performance, 2. Provident Fund, Profession Tax and Income Tax deductions will apply as per government norms. 3. Additional benefits includes health insurance with a coverage of 5 Lakhs for employee, spouse and children, The company will be contributing %10,000/- per annum towards the premium amount. The balance premium will be payable by employee. This premium is subjected to change based on number of dependent insured and age of the employee, Employee health insurance contribution for the year will be deducted from employee first month’s salary. 4. As per government norms, tax deductions are to be carried out from employers side itself, so your net take home is gross salary minus taxes. 5. Other benefits also include Gratuity Provision. The annual Gratuity amount of €24,050/- will be contributed by the company. The accumalated gratuity amount will be provided to the employee only if employee has completed 5 years in the company at the time of leaving the company. © as bn (For Astrome Technologies Pyt. Ltd. (Mr. Sridhar Khathavath “Company”) “Employee”) Disclaimer: This Offer Letter is strictly private & confidential and should not be shared with other compa- nies for offer letter negotiations.