STRICTLY CONFIDENTIAL

November 6, 2020
Shubham Nehare
Offer of Employment
Dear Shubham,

We are pleased to offer you a position at Entercoms Solutions Pvt. Ltd, a wholly owned subsidiary of Entercoms Inc. The
purpose of this letter is to set forth our offer of employment to you.

1. Date of Joining: Your date of joining will be November 10, 2020

2. Role: You will work as Technical Support Engineer and will be a part of Customer Operations Team

3. Duties: In addition to the normal responsibilities/ duties associated with the above position, the Company may also
assign you other duties as deemed fit and proper

4. Income Tax: All components of your remuneration (outlined in Annexure I) will be subject to deduction of income tax as
per the provisions of Income Tax Act, 1961

5. Separation:
5.1. Your services may be terminated by either party, upon giving a 30 days notice in writing. Company is not bound to
give any reason thereof. The Company reserves the right not to accept salary in lieu of notice.
5.2. Further, the Company may at its discretion relieve you from such date as it may deem fit even before the expiry of
the notice period with or without compensating for the un-expired period and is not bound to give any reason
thereof.
5.3. The Company reserves the right to terminate your employment without notice on grounds of breach of Company
Terms/ policy, misconduct or unsatisfactory performance.

6. Probation: The first three (3) months of employment shall be considered a probationary period

7. Validity:
7.1. The Company reserves the right to withdraw the offer made to you, before your acceptance, without providing
any reasons to you.
7.2. The Company also reserves the right to withdraw the offer made to you even after the acceptance of such offer
by you, if the Company becomes aware of any material information that may have been concealed or
misrepresented by you at the time the offer was made by the Company.

This letter constitutes our entire offer of employment and supersedes any prior oral and written agreements made by anyone
employed by, or associated with, the Company. The terms of this offer, if accepted, will become your terms of employment
and can only be added to or modified by a written document signed by the CEO or the Head of HR.

Sincerely,

Rinku Basu
Vice President & Head - Human Resources
Entercoms Solutions Private Limited

Kindly return a copy of this letter duly countersigned by you on each page in acceptance of this offer.

Entercoms Solutions Private Limited

Regd Office Unit No. 301 & 302, NSG IT Park, S No 127/2B, ITI Road, Aundh, Pune 411007, Maharashtra, INDIA
Phone +91 20 6648 8000 Fax +91 20 6648 8282 Email contact@entercoms.com
CIN No. U64202PN2004PTC154566. www.entercoms.com
 ANNEXURE – I
COMPENSATION DETAILS

Name: Shubham Nehare

Designation: Technical Support Engineer
Effective From: November 10, 2020

Particulars Per Annum (INR) Per Month (INR)

Total CTC 1,89,250 15,771
Basic 1,50,816 12,568
Dearness Allowance - -
House Rent Allowance 7,541 628
Motor Car Allowance - -
Child Education Allowance - -
Children Hostel Allowance - -
Gift Voucher - -
Health /Sport Club Membership Fees - -
Telephone bill and Internet Allowance - -
Leave Travel Allowance - -
Attendance Allowance - -
Canteen Allowance - -
Statutory Bonus 7,001 583
Shift Allowance 407 34
Employer PF Contribution 18,098 1,508
Employer ESIC Contribution 5,387 449
Gross CTC 1,89,250 15,771

In addition to the above you will also be entitled for a medical insurance and personal accident cover.

Name:
Sign:

Date:
Location:

Entercoms Solutions Private Limited

Regd Office Unit No. 301 & 302, NSG IT Park, S No 127/2B, ITI Road, Aundh, Pune 411007, Maharashtra, INDIA
Phone +91 20 6648 8000 Fax +91 20 6648 8282 Email contact@entercoms.com
CIN No. U64202PN2004PTC154566. www.entercoms.com