Jasper Industries Private Limited HiNo, 5-10-173, 1st Floor, Vasantha Chambers, Fateh Maidan Road, Basheerbagh, Hyderabad-500004 Jasper Telephone: TeLNo, :040-66572222, 65521111 Corporate Identity Number: US0200TG}987°TCo08010 LETTER OF APPOINTMENT Ref No: JIPL/HR/14/170 To Date: September 17, 2014 Mr V Raveender 12-11-1251, Warasiguda Boudhangar, Near Kanakadurga Temple Secunderabad - 500 061 Contact No: +91-9963042074 Dear Mr Raveender, \We are pleased to appoint you as Supervisor at Karimnagar with effect from 17.09.2014 and will functionally reporting to Works Manager ~ Karimnagar on the following terms and conditions. 1. Emoluments and other benefits: Your total cost to the company will be Rs.1,62,812/- (Rupees One Lakh Sixty Two Thousand Eight Hundred and Twelve Only) per annum. And the Taxes will be deducted at source as per Government of India Rules and Regulations. 2. Probation: You will be under probation, for a period of 6 months from the date of offer letter issued to you at fhe time your joining. On Satisfactory completion of your probation period with the company, your services will be confirmed. In case your performance during the probation period is found unsatisfactory, your probation will be sole discretion of the company, be extended by a further period of your services may be terminated by the company. 3. Annual Review: At the discretion of the Company, your total compensation may be reviewed annually subject to your performance. 4. Attention to duties: You agree that you shall not engage in working for any other person, firm fr association in any capacity, whatsoever, nor do any private business during continuance of your employment with the Company. Further during your employment, you shall not directly or indirectly, without the prior written consent of the Company, acquire or maintain a direct or indirect interest in any business or enterprise other than that of the Company. You will devote ‘your whole time and attention to your duties with us. 5. Transfer: Your services are transferable, at short notice, any where In India, to any department, to any liason office,works,regional office etc.,belongs to the company.in the event of your transfer ,the term and conditions of employment outlined herein shall continue to apply to the rules regulations as prevalent at the new place of posting. 6. Duties assigned: Although your normal work will consist of the duties assigned to you in the ‘capacity as shown above, you may at any time be called upon to discharge any other duties \which in the opinion of the company are within your capacity to discharge and you will put forth to undertake and discharge those duties with diligence and ay foe ae aJasper Industries Private Limited HINo. 5-10-173, 1st Floor, Vasantha Chambers, Fateh Maidan Road, Basheerbagh, Hyderabad-500004 Jasper Telephone: TelNo. : 040-66572222, 66621111 Corporate Identity Number : USO300TG1987PTCOOEO10 7. Change of addre: ‘a You will Immediately inform the company (HR DEPT)In writing about any changes in your residential address, marital status, number of children, nomination under provident fund and ‘gratuity acts and any other changes which may have a bearing on your employment with the company on your failing to do so, all communications intended to be served on you will be sent to ‘you on your last known address, and this will be deemed to be sufficient service on you b. You hereby agree to abide by all the Company policies and procedures, including its Code of Business Conduct, and such other internal guidelines as the Company may formulate, as amended from time to time and which shall form part of this letter and to comply with all work Fules and Instructions communicated to by the Company to you, as each shall be amended from time to time. You further agree that you will not, directly or indirectly, at any time during a one year period ‘commencing upon the termination of your employment with the Company for any reason, either fon your own account or for any other person or entity, solicit, interfere with or endeavor to entice away from the Company or any of its related companies, any person who to your knowledge is, for has at any time in the one year period immediately prior to the termination of such employment, been a client, customer or employee of, or in the habit of dealing with the Company. ‘Termination ‘a. Your employment shall be terminable by you or the Company at any time upon 1 month's written notice. In’ the absence of notice period pay in lieu of notice is recoverable or payable as applicable. The employment may be terminated by the Company by alving shorter notice of termination and without recourse to any severance compensation, due to material breach by you of any of the terms and conditions of this letter of appointment it is further classified that during notice period, ‘you shall actually report for work normal duties and responsibilities and any leave taken during the notice period would amount to automatic extension of notice period to that effect. c. In the event of termination of your employment with the Company, you shall immediately return to the Company all dacuments and copies in your possession in connection with the business and the affairs of the Company as well as all the property belonging to the Company. You covenant and agree that you shall treat as strictly confidential all records, data and other Information that comes within your knowledge during the term of your employment and two years from the expiry of and/or sooner termination of your employment and shall not disclose any information to any party nor shall you take away at the time of termination of your employment with the Company or for any purpose or use any or all information (including that comprised in or derived from the information technology of all sectors, electronic intellectual property, manuals, instructions, catalogues, booklets, data disks, tapes, source codes, formula ‘cards and flowcharts) relating to the business of the Company’ and the services provided or products manufactured and developed by the Company (hereinafter referred to as know-how). ‘You will promptly return to the Company all such information of the Company. Any breach of this condition would entitle the Company to take such action as would be appropriate in the Circumstances and /or to claim damages. You further agree from the date hereof you shall use all reasonable endeavors to prevent the publication or disclosure of any such er eeeJasper Jasper Industries Private Limited H.No. 5-10-173, 1st Floor, Vasantha Chambers, Fateh Maidan Road, Basheerbagh, Hyderabad-s00004 Telephone: Tel.No. : 040-66572222, 66621111 Corporate Identity Number : US0300T1987PTCO08010 9. Other conditions ‘2. You shall not make any public announcements or publications or give interviews in respect of the business or affairs of the Company without prior wntten sanction of the Managing Director. Publications or speeches by you, which concern the activities or interests of the Company, must bbe approved in writing in advance by the Company. b. You will abide by the Conduct Guidelines of the Company as applicable from time to time. times. This appointment is subject to your being found medically fit at 4d. Eligibility of gratuity: You are entitled to receive gratuity upon the completion of Five (5) years continuaus service with the company. 10. Retirement Age In the event of your confirmation, it is here by agreed that you will retire from the services of the Company on attaining the age of $8 years. The proof of age shall be the one recorded in the school leaving certificate or birth certificate, as submitted and recorded in the records of the company, Tris letter of appointment is subject to your providing the following document |. Xerox copies in support of your educational qualifications li, Acceptable certificate of your date of birth ili, Two copies of your latest passport size photograph, and |v. You're having satisfactorily undergone a routine pre-employment medical check up which the Company may ask you to undergo. This letter constitutes the written terms and conditions governing your contract of employment with the Company. Please, therefore, signify your acceptance of terms contained herein by signing and returning ‘the duplicate copy to the Human Resources Department, as a token of your acceptance. We take this opportunity to welcome you to our organisation and hope that your association with us will prove to be mutual benefit. Yours sincerely, For Jasper Industries Private Limited. T have received a copy of this letter and have read and understood its contents. I accept that the Contents of this letter, which constitute my contract of employment, and accept all the terms and conditions of employment contract without any reservations. Signature: Date:. Jasper Industries Private Limited H.No, 5-10-173, 1st Floor, Vsanth Chambers, Fateh Maidan Road, Basheerbagh Hyderabad-s00004 Jasper Telephone: Tet No, :040-66572222 66621111 Corporate Identity Number : USO300TG!987PTCOOB10 Name? V Raveender Designation : Supervisor Department: Workshop Location: Karimnagar ‘Cost To Company [Particulars rer Month [Per Annum | (cost To Company | ___ 1386] 362812] [Conveyance 809] 9600] [Special Allowances 5320 53840) FTotal (ay 72000] 744000] [Benefits provided by Company [Employer Provient Fund 504) 6045] [Entitled for employees who have worked ervey 202) 2azalfor five or more years with the Company. lEmployer ESIC, 579] 6840] Statutory Bonus Total (B) [