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AGREEMENT The Articles of Agreement made and executed this 13th day of January 2014 BETWEEN

1. Shri Abhishek Chaudhary, S/o Anil Chaudhary aged about adult, Indian inhabitant of E-70 Milano !ei"h#s, $i%lod road, Sura# 3!"00# $%&JA'AT(
AN& Mr' Na(e o) E(%loyee Address*. A"ed ++ ,ears, Male, )ccu*ation Ser-i.e hereinafter called and referred to as Mr' Na(e o) E(%loyee or as +The E(%loyee/ as the context may re,uire or *ermit --- o) #he Se.ond $ar# A./ 012'2 A3 Mr' Na(e o) E(%loyee has been 4or5ing as &esi"na#ion o) e(%loyee in the 6om*any since +nd 0ebruary +007 A./ 012'2A3 the 2m*loyer felt it necessary to enter into a ser7ice bond of T1o ,ears $a**rox or till the successful com*letion of the 8robation *eriod 4hiche7er is later( 4ith effect from the +nd 0ebruary +007 4ith the 2m*loyee in view of the cost incurred by the Employer in respect of process of selection, training, induction etc. A./ 012'2A3 the 2m*loyee has also agreed and underta5en to enter into a ser7ice bond for a *eriod of T1o ,ears $A**rox( 4ith the 6om*any from +nd 2anuary +007 on the terms and conditions as stated and ex*ressed hereunder 9 .)0 T12'2:)'2 T1232 8'232.T3 0IT.23323 A./ IT I3 12'2;< =&T&A>>< A%'22/ T) ;< A./ ;2T022. T12 8A'TI23 12'2T) A3 &./2' 9 2. That the 2m*loyee agrees to ser7e 4ith and be em*loyed in this 6om*any, or concern or associates to 4hich the 2m*loyee?s ser7ices may be transferred by this 6om*any for a *eriod of T1o ,ears $A**rox( from 0+/0+/+007 to 0+/0+/+003 on the terms and sub@ect to the conditions hereinafter contained.

3. The 6om*any shall *ay follo4ing salary initially 9 Gi-e salary brake u%

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That the em*loyee shall be entitled to all the benefits andAor amenities as may be a7ailable to the 2m*loyees of class em*loyed in the 6om*any from time to time during the *eriod of his ser7ices 4ith this 6om*any or 4ith the 6om*any or firm or concern or associates to 4hich his ser7ices may be transferred from time to time. D. designs. memorandums. That during the *eriod of his em*loyment.otice or by making payment of one day in lieu of notice ". boo5s. C.The above amount includes the retention cost of employee and considering retention cost the above salary is fixed jointly by both the parties . noteboo5s. his ser7ice can be terminated by gi7ing )ne /ay?s . *a*ers. #. If any time. That it shall be com*etent to the 6om*any to transfer the ser7ices of the 2m*loyee to any other 6om*any or :irm or concern to 4hich the =anagement of this 6om*any deem it necessary or fit to transfer and in the e7ent of such other 6om*any or :irm or 6oncern and shall be entitled to the continuity of the ser7ices under these *resents and shall be entitled to all the amenities or benefits 4hich may be in force in such 6om*any. s5etches. as if his *resent agreement 4as entered into such 6om*any or :irm or 6oncern. 6/s. !. diagrams. :lo**ies including those of or *ertaining to ra4 materials. If the em*loyee com*letes training A *robation *eriod successfully as decided by the com*any. That during the *eriod of his em*loyment the 2m*loyee shall be *unctual in attendance and diligent in his 4or5 and the 2m*loyee shall de7ote all his 4or5ing time and the best of his abilities. the 2m*loyee shall be bound to obser7e and abide by all terms and conditions and sti*ulations hereinafter contained as also by such other rules and regulations as may be framed by the 6om*any from time to time to be obser7ed by or to be a**licable to the 2m*loyees of his class. dra4ings. during the Training A 8robation 8eriod. /E/s. letters. names of 2 . 4. All clauses herein shall a**ly +=utatis =utandis? and shall continue to remain binding on the 2m*loyee e7en in the e7ent of his transfer to other 6om*any or :irm or 6oncern. That the 2m*loyee hereby agrees and underta5es to safeguard and hold in trust all notes. exclusi7ely for the benefit of the 6om*any. goods in *rocess. then he 4ill be absorbed in a suitable grade as *er )rganisationBs rule. the em*loyee does not sho4 the ex*ected *erformance or remains absent 4ithout *rior *ermission or misbeha7es. The 6om*any hereby sti*ulates that in the e7ent of the transfer of the 2m*loyee to any other 6om*any or :irm or concern as aforesaid the emoluments to 4hich he is entitled by 7irtue of these *resents shall not in any 4ay or manner be reduced or allo4ed to suffer. The 2m*loyee further agrees to obey all orders of and carry out all duties entrusted to him from time by his 3enior )fficers. finished *roducts. lists. formulas. 6om*any or concern to 4hich his ser7ices may be transferred.

. or dealers as also *rice lists of the 6om*any?s *roduct or of things in 4hich 6om*any may be dealing in.su**liers.. 3 . the 2m*loyee shall @oin the 6om*any in all a**lications to the authorities concerned for obtaining and getting 7ested such *atent rights andAor trademar5 rights in the same to and in fa7our of the 6om*any exclusi7ely. and in the e7ent of the 6om*any deciding to a**ly for any *atent or registered trade mar5 in connection there4ith.ears after the termination of the 2m*loyment. belonging to 6om*any for any *ur*ose other than those of the em*loyment in the 6om*any and further agrees not to carry any such *a*er. in any form or manner 4hatsoe7er 4hether as 6onsultant or Ad7isor or Actual manufacture or as em*loyee or in any other ca*acity or manner 4hatsoe7er. That in the e7ent of the 2m*loyee ma5ing any disco7ery or in7ention relating to the =anufacture. That the 2m*loyees hereby ex*ressly agrees and underta5es that he shall not at any time during the *eriod of his em*loyment and for a *eriod of T1o . 11. document or co*ies of extracts outside the *remises of the 6om*any and the 2m*loyee further agrees to deli7er u* all such *a*ers. for any reason 4hatsoe7er underta5e or carry on either long or in *artnershi* or in collaboration. and all other *a*ers and documents of 4hatsoe7er nature and 5ind that may ha7e come in *ossession of the 2m*loyee 4hile in the 2m*loyment of the 6om*any and not to hando7er the same to any unauthorised *erson or suffer or *ermit the same to be handed o7er to any unauthorised *erson and the 2m*loyee hereby underta5es to hando7er all such *a*ers or things abo7e said to 3enior )fficers 4hene7er called u*on to do so and the 2m*loyee further agrees not to ma5e co*ies of or to ta5e extracts from any *a*ers. articles or things for 4hich this 6om*any or such other 6om*any or :irm or 6oncern may ha7e ex*erimented in andA or ha7e *re*ared designs for the manufacture of such *roducts or ha7e made *re*arations for the =anufacture of such *roducts irres*ecti7e of 4hether such *roducts actually been manufactured or not and during the said *eriod shall not lend his assistance for such manufacture etc. or may be contem*lating to deal in. de7elo*ments or *rocessing of any *roduct that may ha7e been underta5en to be manufactured by the 6om*any or to be ex*erimented on. documents etc. nor to be em*loyed directly or indirectly in any ca*acity 4hatsoe7er in the &nion of India in any manufacture 4hich is of the same 5ind and nature as to business and manufacturing carries on by this 6om*any or any of its associate com*anies or firms or concerns to 4hich his ser7ices may be transferred. or in the manufacture of any *roducts.. the same be the *ro*erty of the 6om*any. names of *urchasers. 10. in his *ossession to his 3enior )fficers 4hene7er called u*on to do so and it shall not be com*etent for the 2m*loyee in such an e7entuality to 4ithhold any *a*ers or documents of 4hatsoe7er nature on the ground that they relate to his em*loyment directly or indirectly. articles or things for 4hich this 6om*any or such )ther 6om*any or :irm or 6oncern to 4hich his ser7ices may be transferred or in the manufacture of any *roducts. documents etc.

made 5no4n to anyone exce*ting to a duly authorised officer of this 6om*any. *roducts or articles or things 4hich this 6om*any or any of its associate com*anies of :irms or concern may ha7e underta5en to ex*eriment in or to manufacture fabricate. 4ith any of its associate 6om*anies or concerns to 4hich his ser7ices may be transferred or AT A. disclose or communicate any information regarding the formulas.5 *resent salary by 4ay of agreed li. machinery. s*ecifications. as also in the e7ent of the 2m*loyee ma5ing it obligatory or necessary or ex*edient on the *art of the 6om*any to terminate his ser7ices for any reason of whatsoever nature and for things mentioned in *aragra*h $11( and A or $12( abo7e.ui*ment. design or *rocess and 4hether the same is actually manufactured. it shall be la4ful for the 6om*any immediately to terminate the 3er7ices hereby created. *rocesses. formulas. )rganisation. 13. fabricated or *rocessed by the 6om*any or any of the other 6om*anies or concerns to 4hich the ser7ices of the 2m*loyee may be transferred 9 nor any of the secrets or 5no4ledge or information regarding the *lant facilities. designed. the em*loyee shall be liable to *ay and shall *ay to the 6om*any or to any of the 6om*anies or concerns to 4hich his ser7ices may be transferred as sum e.< TI=2 T12'2A:T2' di7ulge.ui7alent to T1el-e Calendar Mon#hs 4Basi. s*ecifications or manufacturing details or material re. *rocessed.uired to be *roduced and such *ayments shall al4ays be inde*endent of and not in lieu of any other com*ensation or damages that the 2m*loyees may ha7e rendered herself liable to *ay to 6om*any or any of the 4 . instruments.ui*ment. That if the 2m*loyee shall be guilty of any misconduct or commit any breach of the *ro7ision of this agreement or absent himself 4ithout any reasonable excuse or become inca*able of attending to his duties.uidated damages and the 2m*loyee agrees to *ay the same 4ithout any *roof of actual damages suffered by the 6om*any or by the other 6om*anies or concerns concerned to 4hich his ser7ices may ha7e been transferred. technical or *atent information or +Fno4 1o4? or the use of any *rocesses materials. fabricated or ex*erimented in or not as also not di7ulge. or of the others abo7e referred to and the em*loyee hereby agrees and underta5es to 5ee* all such information strictly confidential 4hich may ha7e been communicated to him in his ca*acity as +2m*loyee? or during the course of his duties or the *eriod of his contract and irres*ecti7e 4hether such information or 5no4ledge came to be ac. That the 2m*loyee has agreed and hereby agrees and underta5es that the 2m*loyee shall not at any time either during the course of his em*loyment 4ith this 6om*any.uired by him as secret or not and not to di7ulge andAor suffer the same to be di7ulged. That in the e7ent of the 2m*loyee lea7ing the ser7ices of the 6om*any before the 2x*iry of the *eriod of the 6ontract. *roduction lines or *roduction flo4 as also the method and *rocedure of *roduction or of the dealings of the firm. dis*lace or ma5e 5no4n or suffer to be made 5no4n directly or indirectly any of the secrets *ertaining to the designs. e. e. 14. being re.uirements. tools or other re. material used or any of instruments.12.uirements of the manufacture of the 7arious *roducts and other things manufactured.

but not en@oyed and other accumulated benefits if anyG ho4e7er in the e7ent of his ser7ices being terminated by the :irm at any time 4hen the unex*ired *eriod of the contract is less than six months. the ser7ices of the em*loyee can be terminated 4ithout notice or notice *ay as stated hereinabo7e. the 6om*any shall be entitled to do so by *aying the 2m*loyee. 13 abo7e. by reason of his ha7ing committed breach of any of the conditions herein before contained by reason of his ha7ing caused any damages or in@ury to the 6om*ing or concern to 4hich his ser7ices might ha7e been transferred. the 2m*loyee. This is in addition to damages *ro7ided under clause . 1C. 0IT. That in the e7ent of the 6om*any desiring to terminate the ser7ices of the 2m*loyee at any time during the currency of this agreement 4ithout assigning any reason for such termination.233 4here of the 6om*any has set the signature of its authorised Eice 8resident )*erations hereto in the *resence of and the 2m*loyee has get his signature in his o4n hand hereunto on the +nd &ay o) 0ebruary +007' 3ignature of /esignated *erson 3ignature of 2m*loyee W7TNESSES* W7TNESSES* " . further agrees that. by his conduct or omissions 4hile in em*loyment. 1". the 6om*any shall ha7e lien on all amounts due to the 2m*loyees from the 6om*any in res*ect of the damages aforesaid and the 6om*any shall be entitled to exercise the same and to set the said amounts off against such damages 4ithout reference to the 2m*loyee. the em*loyee shall be entitled to the *ayment of salary of unex*ired *eriod only. the same shall be referred to the Arbitrator under Arbitration H 6onciliation Act 1!CC I.5 8resent 3alary than being dra4n by him in addition to 4hate7er may be due and *ayable to him in lieu of his lea7e earned.6om*anies or concerns as abo7e said. 1#.ui7alent to 6ne Mon#h/s 4Basi. In the e7ent of dis*ute regarding the terms and conditions and inter*retations of the abo7e clauses. to the 6om*any. That in the e7ent of his lea7ing the ser7ices of the 6om*any at any time during the 6urrency of this Agreement he 4ill ha7e to gi7e )ne month?s notice to the 6om*any or 6ne Mon#h/s 4Basi. a sum e.5 8resent salary in lieu of notice.o. In case of misconduct of misbeha7iour of an em*loyee.

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