28st June 2023

To
Mr. Keerthi Sagar

Subject: Appointment of Services

Dear Keerthi Sagar,

With reference to your job application & interview, we are glad to appoint as “Business development
executive” in Skryap Pvt. Ltd, Bangalore.

Terms of employment: Your appointment is subject to following terms and conditions.

⚫ Nature of employment: Your appointment is made on the clear understanding that your employment is on full
time basis and that you will not undertake any other part time / full-time work. Also this employment is of
continuous nature and does not entail any compensation for any overtime worked by you.

⚫ Date of appointment: The date of appointment of your services is 26st June 2023 and the same shall be
recorded in all our official documents.

⚫ Probation: You shall be on probation period of six months and then on shall be confirmed in the organization’s
regular grade on successful completion of your probation period. In case of unsatisfactory performance, the
probation period will be extended till the time you perform at the expected level. During the period of probation,
your services are liable to be terminated by giving 24 hours notice.

⚫ Confirmation: Your performance will be reviewed by your superior after completion of probation period.
Unless confirmed by the company in writing, the employee shall not assume the status of a “permanent
employee” of the company and till such confirmation you shall continue to be employed on probation.

⚫ Compensation: Your Cost to the Company will be Rs. 2,16,000/- p.a. (Per Annum Rupees Two Lakh –
Sixteen Thousand Only).

Please also note that the compensation structure of the Company may be altered at any time without prior notice
and it can be altered from time to time. Further, bonuses, allowances and all other payments, benefits will be
governed by the Company rules and statutory compliances in force, from time to time and subject to deduction of
appropriate taxes at source. Income Tax and any other tax liability with respect to your compensation will be your
responsibility.

Your compensation will be due for revision in accordance with the Company policy, business dynamics and your
performance. Your performance will be closely monitored throughout the work span.

⚫ Leave & Holidays: The Company provides 11 public holidays as per the statutory compliances. You will be
entitled for 1.5-day annual leave per month, earned by you, allocated to you on completion of the month. You will
be eligible to avail annual leave only after completing probation period.

Private & Confidential

Skryap 3/1 1st cross , byrasandra , jayanagar 1st block east . Bengaluru 560011.
Contact: +91 9901260136 Email: info@skryap.com https://www.skryap.com/
⚫ Other Conditions:

1. Company will be investing valuable resources, time and cost on your regular training and development and
in return you are expected to serve the company to achieve the organizational objectives.

2. You will work under the directions of your superiors and carry out all the work that may be entrusted to you
from time to time diligently, honestly, regularly, & punctually to the best of your ability. You need to be
flexible and attend & deliver the work, assigned by your superior, as per the workload.

3. You will not remain absent from work without previous notice and sanction thereof. Habitual absenteeism
without previous permission for any extended period will make your services liable to be terminated without
notice.

4. Uninformed absenteeism can lead to termination of your services from the company.

5. Your compensation structure may be altered / modified at any time without prior notice and your
compensation package and other terms may accordingly be altered/ modified from time to time.

6. During the continuance of your employment and thereafter, you will not divulge to any person, firm or
Company whatsoever any confidential business information that you may learn during your employment with
us.

7. You will be required to give 3 (Three) months’ notice to discontinue your services with the company and if
you fail to do so, you will have to pay for the shortfall in notice period. The calculations for this purpose will
be on the basis of your last drawn salary.

8. Any time during your services you may be asked to leave without assigning any reason for poor
performance or any misconduct, reported by your manager in charge.

9. On separation or termination of your services, your full & final settlement will be completed only after you
return all properties of the Company, or any other material handed to you during your employment with the
Company. Your dues will be settled on the next month’s salary processing day.

10. This appointment has been made based on the information furnished by you at the time of interview and
joining. If there is any discrepancy in the information & documents furnished by you, we retain the right to
withdraw the appointment of your services made to you.

11. You shall retire from the services of the Company on attaining the age of 70 years. However, it would be
open for the Company to discontinue your employment at any time in the event of you becoming
incapacitated by any cause, for a period longer than three months. The Company would be the sole judge in
such a case.

12. Relieving & experience letter will not be processed & issued to you if you separate before completing one
year of service with the Company.

13. You shall be required to comply with all existing rules and regulations regarding your service and those,
which may be enforced from time to time.

Private & Confidential

Skryap 3/1 1st cross , byrasandra , jayanagar 1st block east . Bengaluru 560011.
Contact: +91 9901260136 Email: info@skryap.com https://www.skryap.com/
Please return the acknowledged copy of this letter as a token of your consent and acceptance of the above terms
and conditions.

We believe you will make a very important contribution to fulfilling our vision and I look forward for a long
term association with you.
Sincerely,

For Skryap Pvt. Ltd.

ARVIND
Founder & CEO

SUNIL S
HR Executive
Human Resources Department

Terms of Acceptance: I have read and understood the above-mentioned terms and conditions and accept to abide
by them.
Agreed to and Accepted by:

Sign: Place: Bangalore Date:

Private & Confidential

Skryap 3/1 1st cross , byrasandra , jayanagar 1st block east . Bengaluru 560011.
Contact: +91 9901260136 Email: info@skryap.com https://www.skryap.com/