OFFER CUM APPOINTMENT LETTER

Date: 24 .02.2024

Mr. Lakkaraju Krishna Goutham,

Dear Lakkaraju Krishna Goutham ,

Sub: OFFER CUM APPOINTMENT LETTER

We are pleased to offer you an appointment in our organization as a Sr.Sales Manager and
your initial posting will be at location Hyderabad. Your DOJ is from 01.03.2024

1. Position
1.1. In addition to your usual duties, you will also perform observe and conform to such
directions and instructions assigned or communicated to you by the Company. As a member
of an organization that practices flexibility and continuous improvement in work processes
and practices, the Company may from time to time change your duties and responsibilities
at its sole discretion.

2. Location& Terms &conditions.

2.1 You will be based at the Company’s office at Hyderabad.

2.2 Working Hours: 9:30am to 6:30pm. It may be extended if the company will require.

2.3 The Company reserves the right to transfer you at any time to any other location in
India, or to a branch office, subsidiary, affiliated company, department or establishment of
the Company, whether in existence on the date of this letter or established or acquired later
provided that the terms and conditions of your employment set forth herein are not
adversely affected by such transfer.
2.4 If any case you want to resign your job in any situation you must to be serve a notice
period of 30days.your salary will be credited after 45days which will be included your notice
period of time. In the terms of Full and Final settlement .If you failed to serve the notice
period you have to pay Rs .10000/- to the company.

2.5 If your performance is not being up to the mark company will take an action against you
by issuing the Memo.
3. Compensation and Benefits

3.1. Your CTC will be Rs. 3,00,000/- (Rupees THREE LAKHS Only) annualised, payable in
accordance with the Company’s standard payroll practice and subject to applicable
withholding taxes.

GROSS SALARY SHEET

Name Lakkaraju Krishna Goutham

Designation Sr.Sales Manager
Institute Name FINFREE ENTERPRISES

Table 1: Compensation Details (All Components in INR)

Component Category Monthly Annual

Salary Particulars Amount(Rs) Amount(Rs)
Basic Salary 12000.00 144000.00
House Rent Allowance(HRA) 6000.00 72000.00
Transport Allowance 2000.00 24000.00
Special Allowances 4000.00 48000.00
Medical Reimbursement 1000.00 12000.00
Total 25000.00 300000.00
3.2 Health Insurance Scheme

After completion of 6months service in the organisation, you will be applicable for health
insurance scheme.

FINFREE ENTERPRISES brings the benefit of health insurance cover to you and
your dependants under the company's Health Insurance Scheme(HIS).

HIS offers the following benefits:

1. BasicCover
i. Entitlement -Basic hospitalization expenses up to 2,00,000/- per insured
person per annum.

Premium - Basic premium for self, spouse and two children is entirely borne by FFE,
provided these members are explicitly enrolled by you under the scheme. Additionally, if
you wish to cover dependent parents/parents-in-law or remaining children, the applicable
premium per insured person is to be borne by you

Increments and Promotions

Your performance and contribution to FFE will be an important consideration for salary increments
and promotions. Salary increments and promotions will be based on FFE Compensation and
Promotion policy

Confidentiality Agreement.
As part of your acceptance of this appointment as an employee with FINFREE ENTERPRISES
you are required to maintain strict confidentiality of the intellectual property rights
protected information and other business information of FFE and its clients which may be
revealed to you by FFE or which may in the course of your engagement with FFE come your
possession or knowledge unless specifically authorized to do so in writing by FFE. This
Confidentiality Clause shall survive the termination or earlier determination of this
Appointment. The detailed Confidentiality related terms and conditions are The Data
shouldnot be Mis used & The data should not be passed to any other client or any other
person. If you failed to maintain such kind of things the company should take a legal
action against you.
Submission of Documents.

At the time of your joining, photocopy of the following documents should be submitted.

- Permanent Account Number (PAN) Card

You are required to submit a copy of your PAN card along with other
joining forms, immediately on joining. As per Indian Income Tax rules, the
PAN number is a mandatory requirement for processing salary.
- Standard X and XII mark sheets equivalent
- Diploma certificate and mark sheets of all semesters
- Degree certificate and mark sheets for all semesters
- Birth Certificate / Proof of Age
- Work permit and/or any other documentation as prescribed by Government of India
- Passport
- 2 photographs

 If you were employed, a formal release letter from your previous employer

Alternative Occupation /Employment

Either during the period of your traineeship or during the period of your employment as a confirmed
employee of FFE, you are not permitted to undertake any other employment, business, assume any
public or private office, honorary or remunerative, without the prior written permission of FINFREE
ENTERPRISES.

Terms and Conditions.

The above terms and conditions of employment are specific to your employment in India and
there can be changes to the said terms and conditions in case of deputation on international
assignments during the course of your employment.

Please Read the offer letter, Terms & condition very carefully before you sign. Once you accept the
offer letter & signed it means you are accept the things which is mentioned in the offer letter. Kindly
return duplicate copy of this letter in token of your acceptance.
We welcome you and wish you a long and successful career with us.
With Best Wishes,

Yours sincerely.
For FINFREE ENTERPRISES
Rajesh G
Human Resource Manager