Offer Letter

Dear Mr. Aniket Ashwani

With reference to your job application & the subsequent selection process, we are pleased to extend an
offer letter to you. The validity of this offer letter is subject to verification of the data of your prior
employment, educational records, permanent address, current address, and criminal records check.
Please find the details below for your perusal:

Designation: Process Associate

CTC: Rs. 2,95,200
Joining Date: 19th December 2022
Location: 609, Mansarovar Plaza, Madhyam Marg, Mansarovar, Jaipur - 302020

Job Profile: Your job profile includes answering customer support questions of our clients’ website
visitors & delivering resolution to them via live chat. Additionally, you will also remain involved in online
lead generation, other back office tasks and additional KRAs assigned by the company. The company
expects an outstanding performance from you in these areas.

Please refer to the attached Annexure for the detailed compensation & benefits.

Activant Solutions Pvt. Ltd., hereinafter referred to as the company, reserves the rights to make any
changes related to any part of this offer letter. Also, the employment offered to you is governed by the
rules, regulations & policies of the company and the terms mentioned below.

Agreed & Accepted

Your Signature with Full Name

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1. Employment Policies

This letter constitutes the full terms of our employment offer and supersedes all other offers, either
written or verbal, that may have been made to you.

In addition to the rules & regulations stated in the Offer Letter, you will also need to abide by the rules &
regulations stated in the company’s Rule Book, & the Non-Disclosure Agreement including Non-Compete
clause.

2. Probation Period

Your association with the company will be on probation terms for the next three months from your date
of joining. The probation duration can be extended or reduced at the sole discretion of the management.
During the probation period, the employment can be terminated without any notice or compensation by
the company. Your positive contribution towards the achievement of company’s goals will work as a
great factor towards company’s decision-making.

3. Notice Period & Minimum Tenure Commitment

We look forward to a long term association with you but in case you decide to part ways, you may do so
with a notice period of at least 1 month. But since a lot of effort & money is put into hiring & training of
each employee, and as per the verbal commitment we had from you, the company requires you to
provide your services to the company for at least 12 months.

Agreed & Accepted

Your Signature with Full Name

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If you fail to serve the organisation for at least 12 months or seek immediate relief from the duties
without serving the notice period, one month’s salary shall be forfeited and no experience certificate or
relieving letter shall be provided.

The company has the right to initiate your termination with a notice period of 1 month.

The company also reserves the right to perform immediate termination on ground of any degree of
violation of the rules & regulations stated in the Offer Letter, Non-Disclosure Agreement & Company's
Rule Book.

4. Full Time Engagement

It is in the best interest of the company and your career growth with the company that beside your job
with the company, you must not occupy yourself with any type of honorary or remuneration-based,
full-time, part-time or freelance engagement with any type of service, trade, business, vocation or
occupation (including agency of an insurance company or in advisory capacity).

Also, you must not join coaching classes or appear in any type of competitive examinations, without
written approval from the management.

Should any violation be found by the company management in this term, the company management
holds the right to take any action at its discretion, including but not limited to job termination.

Agreed & Accepted

Your Signature with Full Name

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5. Promotions & Demotions

Your performance, salary, and responsibilities will be reviewed in every 12 months. For exceptional
performances, appraisals will be decided from time to time. All the decisions related to promotions and
demotions will be taken at the sole discretion of the company’s management. Some of the key factors
that are taken into consideration are your ethics, performance, efficiency, intelligence, discipline, loyalty,
good behaviour and the prosperity of the organisation.

6. Company’s Assets

Damage to or loss of any type of company assets that were provided to you to perform the duties must
be compensated by you as per the latest unit price & installation charges of the exact asset & in case of
its unavailability, as per the charges of an alternative asset approved by the management. This may
result in immediate termination as well.

7. Retirement

The day you will turn 58 years old, your service tenure will be automatically put to a stop & you will be
officially retired from the company.

My colleagues and I wholeheartedly look forward to seeing you joining Activant Solutions Pvt. Ltd.

Sincerely,
Smita Jain, Manager - HR,
Activant Solutions Pvt. Ltd.
Agreed & Accepted

Your Signature with Full Name

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 ANNEXURE
Remuneration/ CTC Break-Up

All entitlements listed below are subject to company policies, procedures and guidelines that may be in force or are
issued/ changed from time to time. All benefits, pay structure and deductions are subject to change as per the
Income Tax act, PF, ESIC and any other applicable law or acts.

S. No. Particulars Remuneration Remuneration

(Rs. Per Month) (Rs. Per Annum)

1 Basic Salary 11400 136800

2 HRA 5700 68400

3 Shift Allowance 1600 19200

4 Medical 1250 15000

5 Allowance 2850 34200

Salary 22800 273600

6 PF - Employee's Contribution 1800 21600

7 ESIC - Employee's Contribution 0 0

In-Hand Salary 21000 252000

8 PF - Employer's Contribution 1800 21600

9 ESIC - Employer's Contribution 0 0

CTC 24600 295200

I accept the offer of employment described in the above letter, and I acknowledge that my appointment is not
effective until approved by Activant Solutions Pvt. Ltd.

Candidate’s Signature ________________________

Candidate’s Name ____________________________
Date & Place _________________________________
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