Groww Serv Private Limited

(Erstwhile Billionbrains Capital Private Limited)

Regd Office:No 11, 80ft Road, 4th Block
S.T Bed, Koramangala, Bangalore-560034
CIN: U74110KA2020PTC134558

Offer Letter

April 07, 2023

Garvit Gaud,

Dear Garvit,

Congratulations!

An interesting and challenging experience awaits you at Groww. We have set our vision on being
the most customer centric investing platform. It is not going to be easy. We need the best of the best
to realize our dream. And we are delighted to have you with us.

Please find attached herewith as “Annexure A” the Terms & Conditions to be adhered to while you
are in employment with us.. Annexure A covers the details terms and conditions governing your
relationship and employment with the Company.

Additionally, also attached herewith is “Annexure B” depicting the details pertaining to your
remuneration and benefits.

Do note that this offer is subject to positive feedback by your reference checks and conditional upon
successful completion of verification of your educational qualification and background verification
from the last two companies to the satisfaction of the Company.

This offer is valid upon your joining with us on or before April 10, 2023.

Lastly, it is imperative to note that if any information that has been disclosed to the Company by
you, whether before or after acceptance of this offer with the Company, is found to be incorrect or
false or if it is discovered that any material particulars or information has been deliberately
suppressed, this offer of employment shall be void.

We look forward to your joining our organization and to a mutually beneficial association.

From,

HR Department @ Groww

Note: This is a valid computer generated document and does not require any signature.
 Annexure A

EMPLOYMENT TERMS AND CONDITIONS

Below are the terms and conditions (hereinafter referred to as “Terms”) that needs to be adhered to
by you during your employment with us (hereinafter referred to as “Company”). This “Annexure A”
forms an integral part of the offer made to you and you hereby accept and agree to the terms
specified herein. Kindly read the same in conjunction with the offer provided to you

Details of the Employment

Name Garvit Gaud

Designation Customer Success Executive
Function CS
Work Location Jaipur
Date of Joining April 10, 2023

The Company and You shall hereinafter be referred to as the “Parties” and individually as a “Party”.

(A) The Company operates a platform for distribution of financial products using website www.groww.in
and the mobile application ‘Groww’ or any other means wherein users can discover and invest in
financial products like mutual funds and stocks without any hassles (“Business”);

(B) You desire to be appointed as Customer Success Executive and have represented to the Company as
being qualified and competent to carry out the functions expected from the said post;

(C) Relying on the representations made by You regarding your qualifications, experience, know-how
and expertise, the Company has agreed to employ You as Customer Success Executive; and

(D) Accordingly, the Company and You hereby wish to record the terms and conditions governing your
employment.

1. DEFINITIONS AND INTERPRETATION

1.1 In the Terms, the following expressions shall have the meaning ascribed to them as under:

(a) “Associated Company” shall mean and include any and every company in which at least 25%
(twenty five percent) of the aggregate of the fully diluted share capital is for the time being held by
or in the beneficial ownership of the Company and/or any of its associated company;

(b) “Cause” shall have the meaning ascribed to the term in Clause 11.6 herein;

“Confidential Information” means without limitation, any and all information disclosed, either
directly or indirectly, in written, representational, electronic,

verbal or other form relating to the present or potential business, operations or financial condition
of or relating to the Company, it’s Associated Companies or any of their respective clients and
customers. Confidential Information shall specifically include any: (i) technical data, know-how,
inventions, innovations, information on research, product plans, products, services, suppliers,
distributors, customer lists, prices and costs, markets, software, processes, formulas, technology,

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 designs, drawings, engineering, hardware configuration information, marketing information and
plans, licenses, budgets or other business information disclosed to You by the Company or created
by You during the period of your employment with the Company, whether or not during working
hours; (ii) all confidential and proprietary trade secrets, and/or all other information belonging or
relating to the Company’s Business and/or any Associated Company’s business, that is not publicly
and widely known or not known by actual or potential competitors of the Company/its Associated
Companies; (iii) proprietary information relating to the development, utility, operation and
functionality of the Company’s or any Associated Company’s business plans, ideas, strategies, data
related to any or all employees, customers or prospective customers unpublished financial
statements, and other financial details, computer programming techniques, methodologies and
related technical information, forecasts, price quotes, bids, controls, operating procedures,
organisation responsibilities, operating manuals, user manuals, documentation, source code and any
and all information pertaining to the Company’s Business either now or in the future in any form
whatsoever; and (iv) any confidential or proprietary information received by the Company from third
parties, subject to a duty on the Company’s part to maintain the confidentiality of such information
and to use it only for certain limited purposes;

(c) “Tenure” shall have the meaning ascribed to the term in Clause 11.1 herein; and

(d) “Termination Date” shall mean the date of severance of your employment with the Company.

2. BACKGROUND VERIFICATION

The confirmation of your employment with the Company is subject to the positive feedback from
your references and successful completion of background verification on the verification parameters
decided by the company being conducted either by the Company or an appropriate third party
appointed by the Company, which are satisfactory to the Company. The Company reserves the right
to end your employment without liability (except payment for work already completed and subject
to applicable law), if You do not meet any of the above conditions and/or the Company discovers
that there has been a material omission by You in relation to the foregoing.

3. APPOINTMENT AND DESIGNATION

3.1. You will be employed in the position of Customer Success Executive at our Jaipur location, reporting
to Director or to such other person as the Company may designate from time to time. You shall
perform such duties as may be assigned to You by the direct supervisor from time to time, and as
communicated by the Company. You may be transferred to any other department/unit/office of the
Company, or to any group company/ subsidiary/Associated Company, if any, whether located in
India or abroad.

3.2. Your employment with the Company will commence on the Effective Date and will continue until
terminated in accordance with these Terms (“Tenure”).

3.3. Your employment will be subject to a probationary period of 3 months (the “ Probationary Period”),
which the Company may extend at its sole discretion. Upon successful completion of the
Probationary Period, your employment with the Company will be confirmed by way of a written
communication. The Probationary Period will be deemed to be extended until You has been notified
otherwise.

3.4. Should your performance or conduct be below the standards acceptable to the Company, or should
the Company have any reservations about your continued employment, during the course of the

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 Probationary Period, the Company reserves the right to terminate your employment as
contemplated in Clause 11.2 herein.

3.5. You hereby state that You have returned all property and confidential information belonging to any
prior employer(s), other than confidential information that has become generally known to the
public or within the relevant industry.

4. YOUR DUTIES AND OTHER COVENANTS

4.1. General. You shall perform all such duties and responsibilities as are consistent with your
designation in a competent and professional manner. It is clarified that your designation/title is
merely descriptive, and You shall also discharge such other duties and responsibilities as are
delegated, assigned and communicated to You from time to time, on behalf of the Company and/or
any Associated Company.

4.2. Time Commitment. You shall devote the whole of your working time, attention and skill to the duties
of your office and shall faithfully, efficiently, competently and diligently perform such duties and
exercise such powers as may be communicated to You from time to time.

4.3. Work Hours and Work Timings: You shall comply with the work hours, leaves and timings of the
Company as may be communicated to You by the Company from time to time or as may be
prescribed under the Policies.

4.4. Policies. You shall always observe and comply with the Company's rules, regulations and internal
policies including the IT Usage policy and Code of Conduct (the “Policies”) as may be amended from
time to time at the Company’s sole discretion in addition to the provisions of this Terms. You shall
ensure that during the Tenure, You shall not behave in a manner that would be construed as being in
violation of the Policies and/or of any applicable laws.

4.5. Additional Undertakings. In addition to the above, You, at all times during the Tenure:

(a) shall have no contractual commitments or other legal obligations that would prohibit You from
performing duties for the Company;

(b) shall not retain and shall not bring onto the Company’s premises, or use in the course of
employment with the Company, any confidential or proprietary information of any third party;

(c) shall not use or disclose any trade secrets or other proprietary information or intellectual property in
which You or any other person has any right, title or interest and your employment with the
Company will not infringe or violate the rights (including any intellectual property rights) of any
party;

(d) shall not breach any obligation or any employment, severance, confidentiality, restrictive covenant
or similar agreement that You may have entered into with any third party, including former
employers;
(e) shall be required, in pursuance of your duties and responsibilities hereunder, to travel and stay
outside of the location specified above, both within and outside India;

(f) shall make full and true disclosure in writing to the Company of any direct or indirect interest you
may have in connection with any contractual arrangements, dealings, transactions or affairs of the
Company;

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(g) shall not use or integrate any third - party materials or data that are not validly licensed to the
Company into Intellectual Property unless previously authorized by the Company;

(h) shall not directly or indirectly request, agree to receive, or accept kickbacks, payoffs or other
payments or anything of value in monetary terms. Further, You shall not borrow or accept any
money, gift, reward or compensation for personal gains from or otherwise place yourself under
pecuniary obligation to any person/client with whom, You may be having official dealings; and

(i) shall not disparage the Company, its Associated Companies or any of their respective officers and
employees, or act in any manner whatsoever which may damage the Business or which could
adversely affect the goodwill, reputation, and business relationships of the Company with the public
generally, or with any of its customers or prospective customers.

(j) shall not harass or bully any employee, officer, directors etc of the Company and/or its associates,
group, affiliates  etc in any manner during your employment and even after your
resignation/suspension/termination.

(k) not divulge confidential information of the company and/or its associates, group, affiliates in any
manner during your employment and even after your resignation/ suspension/termination.

(l) refrain from using any derogatory or defamatory statements against the Company and/or its
employees, directors, associates, group affiliates etc on any platform including social media, email,
letters, newspaper, magazines etc during your employment and even after your resignation/
suspension/ termination.

(m) Shall voluntarily disclose, either by yourself or through any of your immediate relatives (in the
event if you are not able to disclose the same due to unforeseen and unavoidable reason), any
legal and judicial matters, court cases including police complaints and such other complaints which
shall involve legal battle filed against you, immediately within 24 hours of the said complaint filed.

4.6. Conflict of Interest. You are required to promote the interests and further the business of the
Company and, if applicable, any Associated Company, and undertake that You will not do any act,
which may be prejudicial or detrimental to the business of the Company or any Associated Company.
You shall not, during the course of employment, be engaged, concerned, or interested directly or
indirectly, in any other occupation, business or employment whatsoever without the prior written
consent of the Company.

4.7. Retirement. You shall retire from the services of the Company at the age of 60 (sixty) years on your
birthday or in case your birthday is on a non-working date, the retirement date shall be the date
preceding the birthday.

5. COMPENSATION AND BENEFITS

5.1. You shall be eligible for the compensation as set out in Annexure B to this Terms(the
“Compensation”). The Compensation shall be payable in accordance with Company’s regular payroll
schedule. Each Party shall bear and fully comply with their respective tax liabilities arising from the
provisions of these Terms.

5.2. During the Tenure, the Company may review your basic annual salary at any time and make such
adjustments as the Company may deem appropriate. Nothing stated herein shall imply that You are
guaranteed a salary increase in any year and the Company shall have no obligation to increase your
salary following a review (or otherwise).

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5.3. You may be eligible to participate in benefit programmes that the Company establishes and makes
available to its employees, subject always to relevant eligibility criteria.

5.4. You shall be reimbursed for all reasonable out-of-pocket expenses on actuals, provided such
expenses are incurred in the course of the employment. Reimbursement of such expenses shall be
subject to the Company’s internal reimbursement policies and You shall provide invoices, receipts
and other supporting documentation in writing, as the Company may reasonably request for such
expenses.

5.5. The Company shall be entitled, at any time during your employment and in any event on termination
howsoever arising, to deduct from your remuneration, any monies due from You to the Company
including

but not limited to any outstanding loans, advances, cost of repairing any damage or loss to the
Company’s property caused by You, and any other monies owed by You to the Company, to the
extent permitted by applicable law.

6. INTELLECTUAL PROPERTY RIGHTS

6.1. You acknowledge that all right, title and interest (including without limitation any and all patent,
copyright, trademarks, moral rights, design rights, database rights, trade names, service marks and
other proprietary rights), that is now or may be available, in any ideas, inventions, discoveries,
concepts, designs, know-how developments, improvements, original works of authorship, material,
trade secrets, processes, formulae, business and product names, logos, slogans, industrial models,
processes, designs, databases, methodologies, software, computer programs, technical information,
engineering and technical drawings, know-how created or conceived by You (either solely or jointly)
(i) in the course of your employment with the Company (on and from the Effective Date), and/or (ii)
which in any way relates to the Company and/or the Business, and/or (iii) is created using tools,
resources or materials belonging to the Company, and/or (iv) is based on material or information
belonging to the Company and the Business, whether or not made during the your regular working
hours or whether or not made on the Company’s premises, together with all associated service
names, brand names, internet domain names and sub-domains (collectively herein the “Intellectual
Property”) shall vest with Company upon creation thereof.

6.2. To the extent that any such rights do not vest with the Company automatically as per the terms
above or through operation of law, You hereby irrevocably and in perpetuity assign to the Company
all right, title and interest (including without limitation any and all patent, copyright, trademarks,
moral rights, design rights, database rights, trade names, service marks and other proprietary rights),
that is now or may be available, in any and all Intellectual Property, that You solely or jointly may
conceive, write, encode, develop, or reduce to practice during your employment with the Company.
Further, all records, documents, papers (including copies and summaries of them), and other
copyright protected works made or acquired by You in the course of your employment shall,
together with all the worldwide copyright and design rights in all such works, be and at all times
remain the absolute property of the Company.

6.3. You agree and understand that any and all copyrightable works that are prepared by You, within

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 your scope of service, shall be deemed to be commissioned and paid for, and developed on ‘work for
hire’ basis by You for the Company under applicable law and the Company will be considered the
first owner of such copyrightable works. To the extent that the Company is not considered the first
owner of the Intellectual Property rights created by You, the copyright and all related rights, title and
interest in all such Intellectual Property is irrevocably assigned by You to the Company in
consideration of your employment with the Company which constitutes a valid and adequate
consideration.

6.4. You hereby waive any right to and agree that You shall not raise any objection or claims to the Indian
Copyright Board with respect to the ownership of the Intellectual Property rights, under the
provisions of Section 19A of the Copyright Act, 1957. It is further agreed between the Parties that
notwithstanding the provisions of Section 19(4) of the Copyright Act, 1957, the assignment under
this Terms shall not lapse nor the rights transferred therein revert to You, even if the Company does
not exercise the rights under this Terms within a period of one (1) year from the date the assignment
becomes effective. All such assignments shall be valid anywhere in the world and shall include all
registrations and applications related to assignment and analogous rights thereto anywhere in the
world. You undertake and agree to execute confirmations of such assignments and any other
documents that may be requested by the Company in connection with such Intellectual Property.
You agree that You will not be entitled to claim any right, title or interest therein, and expressly
waive any moral rights that You may have therein. You further acknowledge and agree that the
Company may, in its sole discretion, assign to third parties all such intellectual property rights.

6.5. You undertake that You shall at all times during your employment with the Company and thereafter
fully cooperate with Company to register, perfect and/or enforce intellectual property rights that
may derive as a result of the work performed by You as an employee of the Company. This shall
include executing, acknowledging, and delivering to the Company all documents or papers that may
be requested by the Company to enable the Company to create, establish, publish or protect said
intellectual property rights.

6.6. If, prior to the commencement of your employment, You have independently or jointly with any
other person, whether during the course of your previous employment(s) or otherwise, created any
intellectual property or developed any intellectual property rights which belong to You either singly
or jointly with others, (together “Prior Inventions”) You shall identify and disclose the same to the
Company on the Effective Date. You shall also indicate the ownership of such Prior Inventions and if
You are the owner, the terms of license or other right that You have granted to third parties, if any.
You shall ordinarily refrain from using any Prior Inventions in the course of your employment with
the Company. However, if You use such Prior Inventions in the course of your employment, the
Company shall be deemed to have been granted all right, title and interest to the same or where this
is not possible, the Company shall have a fully paid up, royalty-free, exclusive, perpetual, worldwide
license to use such Prior Inventions in such manner as the Company may be deem fit.

7. NON-COMPETITION AND NON-SOLICITATION

7.1. You shall acknowledge that during the course of your Tenure, You will have knowledge of trade
secrets, intellectual property and/or Confidential Information of the Company and its Associated
Company and would have dealings with the Company’s customers or prospective customers. You
acknowledge the breadth of your covenants under this Clause and acknowledge that You hold other
technologies and skill sets which, if deployed after ceasing to
be an employee of the Company, could result in You competing against the Company and/or any
Associated Company. Accordingly, You undertake the following to the Company:

(a) That, You shall not, for the duration of your Tenure, and for a period of 6 (six) months thereafter,

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 either directly, or indirectly through an agent, company, partnership or as a shareholder, joint
venture partner, collaborator, consultant, advisor, principal contractor or sub-contractor, director,
trustee, committee member, office bearer or agent or in any other manner whatsoever, whether for
profit or otherwise, be engaged or concerned in any business that directly or indirectly competes
and/or is similar to the Business;

(b) That, You shall not, for the duration of your Tenure, and for a period of 2 (two) years thereafter,
either directly, or indirectly through an agent, company, partnership or as a shareholder, joint
venture partner, collaborator, consultant, advisor, principal contractor or sub-contractor, director,
trustee, committee member, office bearer or agent or in any other manner whatsoever:

i. solicit, induce, recruit or encourage any of the Company’s or any Associated Company’s employees
including senior management employees or advisors to terminate their relationship with the
Company or any Associated Company, or attempt to solicit, induce, recruit, encourage or take away
employees or advisors or consultants of the Company or any Associated Company; and/ or

ii. solicit, or assist in soliciting, endeavour to solicit, influence or attempt to influence any customer,
client, vendor, consultant of the Company, existing or prospective, directly or indirectly to cease to
be a customer, client, vendor, consultant of the Company for your own benefit or for the benefit of
any other person or entity.

7.2. The Parties hereto recognise that the foregoing covenants in Clause 7.1 and the time and other
limitations with respect thereto, are reasonable as to the period, territorial limitation and subject
matter, are properly required for the adequate protection of the value and goodwill of the Company,
and agree that such limitations are reasonable with respect to the Business.

8. CONFIDENTIALITY

8.1. You acknowledge that as a consequence of your employment, You shall have access to Confidential
Information. You agree that while being employed by Company, and upon termination of
employment, You shall hold such Confidential Information in strictest confidence and shall not,
directly or indirectly, use such information for your us or disclose to any person or entity or make
any copies of, any Confidential Information other than for the benefit of the Company and its
Associated Company and in the course of performing your duties under this Termsand/or as
otherwise authorised by the Company.

8.2. The Parties agree that Confidential Information shall not include information that You can
demonstrate by sustainable evidence:

(a) Is, or hereafter becomes, through no act or failure to act on your part, publicly known or available;

(b) Is known to You at the time of receipt of such information. You shall immediately upon receipt of
such information disclose to the Company that such information was already in your possession; and

(c) Is hereafter furnished to You by a third party, as a matter of right and without restriction on
disclosure, there being no obligations of confidentiality attached to the source of such information.
You shall immediately upon receipt of such information inform the Company of the same.

8.3. Without prejudice to the generality of Clause 8.1:

(a) You shall not try to gain access to any Confidential Information, except as entrusted to You in
furtherance of your duties. You shall not attempt to access any customer databases and other
Confidential Information, which the Company has expressly prohibited You

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 from accessing. You also understand that, for any reason, if You gain access to such Confidential
Information, You shall immediately inform the Company of the same and the reasons for gaining
such access/intrusion. You undertake under such circumstances, to maintain utmost confidentiality
of such Confidential Information.

(b) You shall not reproduce in any form, the Confidential Information except with the prior written
consent of the Company. Further, You shall ensure that the Confidential information does not fall
into the hands of third parties or is not put to unauthorised use.

(c) Your confidentiality obligations under the Terms shall not prevent You from disclosing the same if
required by applicable law or under the orders of any court of competent jurisdiction or other
competent legal authority, provided that You give the Company

(d) of such intended disclosure and an opportunity to oppose the same.

(e) You confirm that all Confidential Information shall remain the sole and absolute property of the
Company and/or the Associated Company (where relevant), and You hereby transfer to the
Company or its assignee any and all right, title, or interest, including without limitation any
intellectual property rights, in and to any of the Confidential Information, or part thereof, created in
whole or part by You. You agree that You shall not directly or indirectly copy, duplicate. disseminate,
publish, transfer, disclose, or divulge any of the Confidential Information to any firm, individual,
entity, institution or other third party, unless otherwise so specifically authorized in writing, in
advance, by the Company.

(f) You shall, at the time of leaving the services of the Company, return all Confidential Information and
other Company property, which are in your possession. You undertake to indemnify and keep
indemnified the Company against any and all claims, damages, losses, which the Company may
suffer, on account of unauthorised use of Company property and/or the Confidential Information by
You, and also on account of breach by You of any of the other terms and conditions contained
herein, which survives your severance of employment from the Company.

(g) The provisions of this Clause shall apply, notwithstanding that You have inadvertently, or without
authorization, obtained access to or otherwise come into possession of Confidential Information.

(h) You represent that the performance of these Terms as an employee of the Company has not
breached and will not breach any agreement to keep in confidence proprietary information,
knowledge or data acquired prior to the commencement of your employment relationship with the
Company.

(i) In order to secure or preserve Confidential Information, the Company shall have the right at all times
to deactivate, disable, remove or prevent access to any Company property, including computers,
servers, computer networks, email accounts, databases, storage spaces, and vehicles.

(j) You agree that during the course of employment with the Company and at any time thereafter, You
shall not use any Confidential Information: (i) to attempt to negatively influence any of the
Company’s clients or customers; and/or (ii) to solicit or influence or attempt to influence any of the
Company’s clients, customers or other person either directly or indirectly.

9. REPRESENTATIONS AND WARRANTIES

9.1. You represent and warrant to the Company that: (a) You have the full right, power and authority to

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 execute, deliver and perform the duties as specified under these Terms; (b) all documents and facts
furnished/disclosed to the Company are true and accurate; and (c) You are not subject to any
agreement, arrangement, contract, understanding, court order or other restriction, which in any way
directly or indirectly restricts or prohibits You from performing any of the duties and/or obligations
under these Terms .

10. INDEMNITY

10.1. You shall defend, indemnify and hold harmless the Company and the Associated Company against
and in respect of any and all actions, suits, proceedings, claims, demands, judgments, costs,
expenses (including reasonable attorney’s fees) and damages resulting from, or arising out of: (i) any
breach or alleged breach of any of the terms and conditions contained in these Terms and/or the
Policies; or (ii) all claims arising from any breach of the representations and warranties contained in
these Terms

11. TENURE AND TERMINATION

11.1. Term: You shall continue to be employed by the Company on and from the Effective Date, unless
your services are terminated in accordance with this Clause 11.

11.2. Termination during the Probationary Period: During the Probationary Period, the Company may
terminate the Agreement at its own sole discretion with or without prior notice of 15 (fifteen) days
or salary in lieu of such notice period. The Company reserves the right to adjust any amount due
from You from the full and final amount payable.

11.3. Termination [after Probationary Period] by the Company: The Company may terminate this
Agreement without Cause by giving prior written notice of 60 (sixty) days or payment of gross salary
in lieu of such notice.

11.4. Death and Disability: Your employment shall be deemed to be terminated in the event of your death
or incapacitation by reason of ill health or accident that prevents You from performing your duties
for a consecutive period of not less than 15 (fifteen) days (whether working days or not).

11.5. Termination by You. You may terminate your employment by giving 60 (sixty) days prior notice in
writing (the “Notice Period”) to the Company or 60 (sixty) day’s salary in lieu of notice, provided that
the Company may, at its sole discretion, decide to accept the entire Notice Period or the salary in
lieu thereof or relieve You from your duties at any time after receipt of the notice, prior to the expiry
of the Notice Period.

However, if you have not completed the Probationary period as specified in clause 3.4, you can
terminate your employment only by serving 60 (sixty) days prior written notice to the Company.

11.6. Termination for Cause by the Company: The Company may at any time, terminate your employment
for Cause with immediate effect, upon provision of notice in writing to this effect.

For the purposes of this Agreement, “Cause” shall be deemed to exist upon the occurrence of one or
more of the following events, as determined by the Company:

(a) You have committed a breach of any obligation under this Agreement (or any other agreement

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 executed in relation to your employment with the Company), or any misconduct, save as except for
where such breach or misconduct is remedial and the same has been remedied within 10 (ten) days
of receipt of a notice from the Company asking You to cure such breach or misconduct to the
satisfaction of the Company;

(b You have been negligent in carrying out, or has failed or refused in any material respect to serve
and carry out duties and responsibilities as required by the Agreement and as reasonably assigned
by the Company;

(c) You have committed an act of fraud, misappropriation, embezzlement, theft, dishonesty, breach
of fiduciary duty involving personal benefit or act or omission otherwise inimical to the interests of
the Company;

(d) You have been found guilty of any criminal offence or been accused of any offence involving
moral turpitude, whether involving the Company or otherwise;

(e) You have been absent from work without authorization from the Company for a period more
than 5 (five) consecutive working days; or

(f) You have committed a violation of any of the Policies and/or any other internal regulations of the
Company.

11.7. Consequences of Termination.

(a) Termination of employment shall not release You from your obligations and liabilities, which have
accrued prior to the Termination Date and those surviving termination. The Company reserves its
right to adjust any and all amounts due from You from the full and final amount payable. You shall
extend your complete cooperation in relation to executing any and all documentation as may be
required by the Company regarding your termination from services. The execution of such
documents shall take place prior to the last date of employment irrespective of the reason for the
severance and in the form and manner satisfactory to the company.
(b) You shall, at the time of leaving the service of the Company, return all materials/documents
containing confidential/proprietary information of the Company and all property (including mobile
phones, access cards, laptops, keys, badges, passwords, pass-codes) belonging to the Company,
which are in your possession. You shall, delete all confidential material including but not limited to
customer data from your personal devices or personal accounts if any before leaving.

12. REMEDIES

12.1. In the event of a breach or a threatened breach of any of the covenants contained in Clauses 4,
Clauses 6, Clause 7 or Clause 8, the Company shall, in addition to any other remedies including but
not limited to an action for injunctive relief, suit for damages, and other legal remedies provided
herein or otherwise available under applicable law, be entitled to have such covenants specifically
enforced by any court having jurisdiction and it is being acknowledged and agreed that any material
breach of any of the covenants will cause irreparable injury to the Company and that monetary
damages will not provide an adequate remedy to the Company. Accordingly, in the event of any
breach or threatened breach by You of any of the provisions of these Terms, the Company shall, in
addition to and not in limitation of any other rights, remedies, or damages available to the Company
at law or in equity, be entitled to a temporary restraining order to prevent or to restrain any such

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 breach by You and/or by all persons directly or indirectly acting for, on behalf of, or with You.

13. GOVERNING LAW AND JURISDICTION

13.1. The courts at Bangalore shall have exclusive jurisdiction on the matters arising from or in connection
with these Terms and each Party hereby irrevocably and unconditionally consents to the exclusive
jurisdiction of the aforementioned courts. These Terms shall be governed by and be construed as
per the laws of India, without reference to its conflict of law principles.

14. MISCELLANEOUS

14.1. Consent. You hereby unequivocally consent to the Company collecting, using, or disclosing Your
personal information, in accordance with applicable law. Such data or information may be collected,
used or disclosed for purposes such as administering the employment relationship, processing pay,
conducting background checks, generally discharging all human resource management activities and
legitimate interest of the Company. You also hereby consent to the Company transferring such
personal information within the organisation to other states, territories or countries as required by

law for internal administrative purposes. Further, You also irrevocably agree to execute any other or
additional document(s) which the Company/any third - party agency acting on its behalf may require
in order to better perfect its rights in this regard. The Company represents that except for the
purposes mentioned herein or if required under law, the Company will not disclose to any third
party or otherwise use in any manner, the personal information without your prior consent.

14.2. Entire Terms. These Terms , annexures, any documents referred to therein, and the Policies sets
forth constitute the entire agreement between the Parties with respect to the subject matter hereof,
and supersede and replace any prior agreements, representations or understandings (whether
written, oral or implied) between You and the Company.

14.3. Amendment. These Terms may not be amended or modified, except by an express written
agreement signed by both You and a duly authorized officer of the Company.

14.4. Successors and Assigns. These Termsshall inure to the benefit of the successors and assigns of the
Company. You may not assign your obligations hereunder, and any such assignment shall be void

14.5. Waiver. No Terms or provision hereof will be deemed waived, and no variation of terms or
provisions hereof shall be deemed consented to, unless such waiver or consent be in writing and
signed by the Party against whom such waiver or consent is sought to be enforced. Further, waiver
by any Party of any default or breach of any term or condition contained in these Termsat any one
instance shall not be deemed or construed to be a continuing waiver of default or breach of such
term or condition for the future or any subsequent breach thereof.

14.6. Severability. If any provision of these Terms should be held invalid, illegal or unenforceable, the
validity, legality and enforceability of the remaining provisions will not in any way be affected or
impaired thereby, and such provision will be deemed restated to reflect the original intention of the
Parties as nearly as possible in accordance with applicable laws and if such restatement is not
possible, then these Terms shall be construed as if such invalid or unenforceable provisions had
never been contained herein.

14.7. Heading. The headings of clauses and sub-clauses are for ease of reference only and shall not be
considered during the construction of the Terms.

14.8. Counterpart. These Terms may be executed in any number of counterparts, and each such

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 counterpart shall be deemed to be an original instrument, and which shall together constitute one
document. Signatures sent by electronic means (facsimile or scanned and sent via electronic email
signed by electronic signature service where legally permitted) shall be deemed original signatures.

14.9. You agree that You are not a partner or in a joint venture with the Company and has no authority to
bind the Company to any contract with third parties.

14.10. Survival: All provisions of these Terms which by their very nature are intended to survive the
termination of these Terms, shall survive the termination of these Terms hereof.

14.11. Notices: All notices pursuant to these Terms shall be in writing and shall be deemed duly given when

delivered at such address as notified by a party from time to time, and shall be deemed to have been
received: (i) upon delivery in person; (ii) by registered post; (iii) upon transmittal by confirmed e-mail
or facsimile, provided that if sent by e-mail or facsimile, a copy of such notice shall be concurrently
sent by registered post, with an indication that the original was sent by e-mail or facsimile and the
date of its transmittal.

Name: Garvit Gaud

Date: 07 April 2023

Please note that this is a valid computer-generated letter and does not require signature. By clicking
on the T&C, You agree and accept all the employment terms as specified herein.

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 Annexure B

Remuneration Details
Full Name Garvit Gaud
Designation Customer Success Executive
Function CS
Work Location Jaipur

Reward and Benefits

Description Amount Per Annum  
CTC (A+B) INR 2,83,000
Fixed Salary (A) INR 2,75,000
Variable (B) INR 8,000
Fixed Component Stack (A)
Particulars Per Month (Rs) Per Annum (Rs)
Basic Salary 9,167 1,10,000
HRA 3,667 44,000
Special Allowance 4,983 59,800
39,600
Statutory Bonus 3,300
Total Gross Salary (A) 21,117 2,53,400
Employer Contribution to PF 1,800 21,600
Cost to Company 22,917 2,75,000
Deductions
Employee Contribution to PF 1,800 21,600
Professional Tax 200 2,400
Total Deductions (B) 2,000 24,000
Net Salary (A-B) 19,117 2,29,400

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 Note: EPF includes in CTC.
1. Variable component is performance driven. There is a scope to earn more than indicated figure basis
performance. It is paid biannually, once during Annual Appraisal (Jul) and then during Mid-Year Review
(Jan).

I, Garvit Gaud accept the above terms and conditions of the offer and agree to abide by them. I will
be joining the Company on April 10, 2023.

Notes on Remuneration
1. Confidentiality
a. In accordance with the standard practice of the company, you are expected to keep your
remuneration and other terms & conditions of your employment confidential.
2. Applicable Taxes
a. Your remuneration shall be subject to applicable taxes and statutory withholding.
3. Provident Fund
a. You can choose to increase your PF deduction to 12% of basic salary.
b. Impt: The 12% PF deduction to be opted at the time of joining in the first payroll only.
You can also choose to opt for VPF (Voluntary Provident Fund) which is covered under Flexi.

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 Annexure C

Welfare Benefits

Your well-being is paramount to us. Here are the Welfare Benefits that you should know.

The cost towards welfare benefits Health Insurance, Personal Accident, and Term Life Insurance are
borne by the company. This is over and above the salary.

Insurance Benefits: You shall be covered under the following insurance benefits from the date of
joining.
1. Group Medical Health Insurance
a. Covers Self + 5 (Spouse + 2 children + 2 Parents or Parents-in-law) for INR 5L family floater per
annum.
b. Voluntary Top Up can be availed for 2L, **, **
c. Group Personal Accident
d. Group Term Life Insurance
2. Statutory Benefits
a. Gratuity: As per Gratuity Act 1972. Applicable after completing five years of continuous service in
the company.
b. Maternity Leave: As per Maternity Benefit (Amendment) Act 2017.
3. Other Benefits
a. Access to free doctor teleconsultations .

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