28-07-2023

Jana Kumar
HS2210

Sub: Appraisal 2023

Dear Jana,

Further to your performance review for the period July 01, 2022 – June 30, 2023, we are pleased to
inform you that your Annual Cost to Company (CTC) has been revised with effect from July 01, 2023.
Heartiest Congratulations!!

Your new annual Cost to Company (CTC) will be Rs. 26,25,000. This consists of Fixed Salary
(Rs.2113939), Performance Based Incentive (Rs.367500) and Statutory Benefits (Rs.143561). The
Performance Based Incentive is only an indicative amount, and the actual payment may differ based
on your performance in the review period. The detailed salary break-up is mentioned in the
Annexure below.

Please note that your CTC is strictly personal and confidential and is not to be shared with others.
The next salary revision will be due in July 2024 basis organizational guidelines.

Your notice period will be 75 Day(s). All other employment terms remain the same.

We wish you all the best and look forward to your contribution towards the growth of our company
and our progress together in the future.

Important Note: Any tax whatsoever will be deducted as per the Income Tax Act, 1961.

Thanking you,
For Harbinger Systems Pvt. Ltd.

Neville Postwalla
Associate Vice President - Talent Management

This letter is system generated and does not require signature.

Component Monthly Annual
Basic 66220 794640
House Rent Allowance (HRA) 33110 397320
City Compensatory Allowance (CCA) 50344 604123
Basket Reimbursements (Petrol , Telephone/
Mobile/ Broadband / Books & periodicals- Optional 0 0
Component as per entitlement)*
Ex-Gratia / Bonus (Paid in advance) 13244 158928
Leave Travel Allowance (LTA) 13244 158928
Fixed Salary (A) 176162 2113939
Performance Based Incentive (B) paid Bi-
annual 367500
Statutory / Other Benefits (c) 143561
Provident Fund (Employer's contribution) 7946 95357
Gratuity as per act 38204
Insurance Benefits (Indicative annual average
amount) 10000
ESIC (As per Act if applicable)
Annual Cost to Company (A+B+C) 26,25,000
Group Mediclaim Policy, Group Personal Accident Insurance, Group Term Life Insurance (as per
policy)
Basket Reimbursement needs to be opted for within the first 2 months of joining. By default,
your Basket Allowance will be set as Zero. The option chosen by you will continue till your next
salary review
50% of the Performance Based Incentive (PBI) will be paid only after 6 months from the date of
joining, subject to confirmation of services.
The above compensation will be subject to the standard deduction of income tax and other
statutory deductions at source as per the applicable laws

In the event there is any enhancement in the total emoluments to be paid to you on account of
change in any statute or notification, then the said enhanced payment will be adjusted from
the total CTC payable to you as shown hereinabove. In such a case the company will have the
right to restructure your emoluments within the specific CTC.