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Salary Increment Letter

Jan 1st, 2011

Dear Mr. P.XYZ

We are pleased to inform you that after the evaluation of your performance by
the Top Management, a decision has been made to award you an increment in
salary. An increment of Rs 50,000/- on your monthly salary will be effective from
the month of Aug 1st, 2007.

Your basic compensation and related benefits for the year 2007 post increment
stands at Rs 15,000/- per month

Thank you for your valuable contributions to the Organization and helping the
organization going to the next level. Congratulations on your progress. We are
sure that your continued efforts and support will help us in achieving our goals.
We value your contribution to the organization.

Wishing you all the best.

CEO / Managing Director

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