2nd April 2012 Shravan Khanna Activations Executive Dear Shravan, Firstly, let me say how delighted, how

happy we are with your performance over the past 9 months. You have surely demonstrated commitment and proved yourself. Taking into consideration all the great work that you have done and most importantly the great attitude that you have displayed I am delighted to confirm you. A confirmation also means, that in the event should you or iris decide to part ways in the future a one month notice period will come into play. You are a true iris citizen and I am sure you will continue to demonstrate your commitment and passion by raising the bar higher in your work. Ive laid out the changes to the terms of your employment here: Title: Activations Executive CTC: Rs 1,80,000 pa Effective from: 1st April 2012 There are two copies of your letter. These should be signed and one set returned to me here at iris. The other is for your records. We look forward to you continuing the good work that you have been doing and making 2012 an even better year for your self and iris. Cheers,

Ashish Mathur Managing Director