CHEMICALS LTD. 18" January 2024 To, Mr. Divyeshkumar Rameshbhai Patel 17/2 Gayatri Nagar, Near Raghuvirnagar, ‘Ankleshwar - 393001 Contact No. +91-8905480944 Subject: Letter of Appointment CONGRATULATIONS! We welcome you to NEOGEN Pariwar!! We refer to your application for employment with us and the subsequent interviews you had with us. We are pleased to inform you that we are offering you a position in Neogen Chemicals Limited (“Company”) on the following terms and conditions (“Appointment Letter”). DESIGNATION: Asst. Manager-Instrumentation (Maintenance) 1, SALARY The Company may change the salary structure depending on any change in law or any government policy. However, the cost to Company (on an annual basis) will remain the same as agreed at the time of appointment, the details of which set out in “Annexure-A”. 2. POSTING You will be posted at our Dahej Site. and report directly to Sr. Manager - Electrical & Instrumentation for smooth functioning of your obligations, you will communicate and interact directly with the managers and staff of other departments, and external agencies, as may be required under your scope of work. You are expected to build and project good company image by the manner in which you talk and conduct yourself. At the time of appointment, your posting will be as mentioned above, but during the course of your employment with the Company, you may be posted/ transferred to any other location of the Company's existing or proposed offices/projects/divisions/department/unit at any other location in India. You're travelling expenses to the new location of your deployment shall be borne by the Company on an actual basis. You will put in your best efforts in discharging the responsibilities assigned to you by the management, from time to time. You will, at all times during your employment, follow the Company's rules and regulations and internal policies, as may be provided to you by the Company. The Company's decision — wy RW Registered Office : 1002, Dev Corpora, Cadbury Junction, E : sales@neogenchem.com T : #91 22 2549 7900 Eastern Express Highway, Thane (W) 400 601, India W: wonm.neogenchem.com F : +91 22 2549 7399 CIN No. L24200MH1989PLC050919onall matters with respect to compliance or non-compliance of Company's rules and policies shall be final and binding on you. 3, RECRUITMENT FORMALITIES Your engagement with the Company will be subject to you completing the following recruitment formalities with the Company's human resources department. You will be required to produce the following documents, at least one day prior to the date of your joining: (i) Duly filled “human capital inventory form” (“Form”) with clear instructions about the nominee. You may change the nominee appointed by you at any time, after giving the Company a declaration to that effect, in writing; (ii) Passport size photographs ~ 2 Nos.; (iii) Copy of your Passport, along with original; (iv) Birth certificate, school leaving certificate, graduation certificate and other relevant documents substantiating the information given by you in your resume or curriculum vitae, along with copies of the same. All original certificates will be returned to you once the copies are authenticated by the HR Team (v) Relieving letter from your previous employer and proof of last salary paid by your pervious employers; (vi) Names and full details of two references who hold position of authority and are not related to you. Please note that, the Company reserves the right to check your references, in its sole discretion; and At the time of starting your employment with the Company, you will inform the Company in writing, of any continuing or residual business interest that you may be a party to in any other undertaking or enterprise, prior to joining the Company. 4, PERIOD OF PROBATION You will be on probation for a period of six months from the date of your appointment. The probation period may be extended by the Company, at its sole discretion (“Extended Period”). You shall be deemed to be on probation until a letter of confirmation in writing is issued to you. You will not be entitled to any leave during the probation period. 2 wWTRAVEL When traveling for Companys work, whether locally or out of station, you will be governed by the rules and policies framed by the Company, in this regard. 6. TRANSFER You may be transferred and deployed by the Company to any place / department/branch/office of the Company, anywhere in India. LEAVE You will be governed by all the schemes, rules and regulations relating to leaves, conduct, discipline etc. that are applicable, from time to time, to all employees of your grade. 8. ABSENCES OR UNAUTHORISED LEAVE Unauthorized leave or absence for a continuous period of 8 (eight) days or more, without the prior permission in writing of the Company, will be considered as abandonment of your service. In such case, it will be deemed that your services with the Company have been terminated and such termination will be without any notice or intimation to you from the Company. [Upon such termination of your services, you will pay the Company, an amount equivalent of 45 days’ salary if the termination is during your probation period or 3 (three) months’ salary, in any other case. 9. TAX DEDUCTION AT SOURCE The remuneration, reimbursement or any other payment / allowances paid to you, will be subject to deductions of tax under the Income Tax Act, 1961 or other law or government regulation in force, from time to time. 10. PERFORMANCE EVALUATION ~ INCREMENT & BONUS Annual increment will depend upon your consistent performance and will not be a matter of right. The Company reserves the right to grant or withhold any amount of annual increment, as it may deem fit, in its sole discretion. The next revision of pay will be done by the company effective from April 2025 along with other employees. You will be eligible for such revision of pay only if the company has confirmed you as @ permanent employee and your progress is satisfactory to the Company. Please note that you are eligible for bonus only upon completion of minimum 1 (one) year of employment with the Company. % we11. MEDICAL FITNESS Your appointment and confirmation as well as continued employment in the services of the Company is subject to your being declared and remaining medically fit by a medical officer or by a doctor specified by the Company. In case of any medical emergency arising during the performance of your work, the Company will immediately take the necessary action and inform the contact person mentioned by you in the Form. 12. GENERAL DISCIPLINE (i) During the period of your service, you will not disclose, divulge or communicate to any interested party or other persons whatsoever, any information relating to the Company's business practices or any other information of a confidential nature and also you will not enter into personal financial transactions with Company's suppliers / clients. In case you do so, you will be guilty of moral turpitude and misconduct. (ii) Attending to or pursuing in any other way, during the office hours, any personal or private business unconnected with your employment in this Company or engaging in any part-time business, allied, connected or incidental to the Company's business is strictly forbidden. (ii) Occupation/activities in any part time engagement beyond your working hours/holidays of a remunerative character or otherwise requires the prior consent of the Company. Pursuit of any avocation of this nature detrimental to the efficient discharge of duties shall be considered inconsistent with the terms of your tenure in this Company. (iv) You are requested to take permission from the director of the Company for doing any kind of courses or attending any external classes after working hours whether or not it is likely to affect your job responsibilities. Whenever possible, if it is desirable for the organization, the Company may partly or fully bear the expense, at its sole discretion. {v) You will carry out the work assigned to you by the Company. You will not divulge any information pertaining to the affairs of the Company / associate Companies and any trade secrets thereof, during the course of your employment with the organization / associate Companies and even after discontinuance of your service with the Company, in case you leave the Company before retirement. (vi) You will devote your services for the Company only and shall not carry out any other activities such as part time job and business without permission from the Company. In the event of you indulging in any such activity, disciplinary action, including termination of services without any notice, will be taken by the Company. Ww a 413. NON-DISPARAGEMENT From and after the Effective Date and even after the expiry of your tenure with the Company, you will not make any statements that criticizes, ridicules, disparages or is otherwise derogatory about the Company, any of its subsidiaries, affiliates, employees, officers, directors or shareholders. 14. NON-COMPETITION AND NON-SOLICITATION (i) Non-Compete: You will not, during the tenure and for a period of [36] (thirty-six) months from the date of termination of this Appointment Letter, directly or indirectly, in any capacity, whether ‘through partnership or as a shareholder, joint venture partner, collaborator, consultant or agent or in any other manner whatsoever, whether for profit or otherwise: (a) carry on or participate (whether as a partner, shareholder, principal, agent, director, employee or consultant) in any business and/or activity which is the same as or substantially similar to the business (other than through the Company), including in the business of any Competitor; and (b) render any services to a Competitor or enter into employment with any of the Competitors. For the purposes of this Clause 14(i), “Competitor” means any entity or a person (including any affiliate of such entity or person) who is, directly or indirectly, engaged in any commercial activity same or similar to the business or which competes with the business of the Company. whict You will not receive any separate non-compete fees, and the consideration for the non-compete restriction contained herein is deemed to have been received by you under this Appointment Letter and you acknowledge the receipt and sufficiency of such consideration. Non-Solicit: You will not, during your tenure with the Company and for a period [36 (thirty-six]) months thereafter (“Non-Solicit Period”): {a) in any manner, contact or attempt to contact any existing or prospective client/customer/business associates/employee of the company (“Company's Clients”) or solicit from any Company's Clients, business of the type carried on by the Company or to persuade any Company's Client, to cease doing business or to reduce the amount of business which any such Company's Client has customarily done or might propose doing with company and/or its subsidiaries; (b) in any manner, damage or attempt to damage, the business relationship that the Company has with any of Company's Clients, whether or not the relationship between the Company and such Company's Client was originally established in whole or in part through your efforts; or Wy 5{c) in any manner, employ or attempt to employ, directly or indirectly, any person who is in the ‘employment of the Company or its subsidiaries or affiliates, or was in the employment of the company or its subsidiaries or affiliates, at any time during the Non-Solicit Period. 15, RETIREMENT: You will retire from the services of the Company upon attaining the age of 60 (sixty) years. However, the Company reserves the right to give you extension with mutual consent, 16. RESIGNATION / TERMINATION OF SERVICES During probation or Extended Period(s) thereof, your services to the organization can be terminated at any time by giving 45 (forty-five) day notice by either party. Upon completion of probation and after confirmation of appointment, the Company can terminate your services at any time without assigning the reason or notice to you. In case you choose to resign from the services, you will be obligated to serve (3) three months’ notice period and it would be in the sole discretion of the Company for waiving any notice period. Your services shall be liable to be terminated; (a) If you are found to be medically unfit or if you remain absent due to continued ill health. You will have to undergo medical examination as per Company's advice in such situation; (b) By the Company at any time without notice, if you are found indulging in any act of insubordination, interference, corrupt practices, misconduct, breach of trust, or you are in non- compliance with any of the instructions or are in non-compliance with any general rules and regulations of the Company; (c) By the Company without notice, if at any time it has been found that the declarations or information including the information given for seeking employment furnished by you is proved to be false and / or misleading and / or it has been found that you have willfully suppressed any information from the Company; (d) By the Company at any time, if you are declared insolvent, convicted of any offence involving any moral turpitude or found/ suspected of fraud or misappropriation of money or other assets of the Company; (e) By the company if you commit material breach of provisions of the ‘Confidentiality Agreement’; or In case of breach of any of these conditions, you shall be liable, (in addition to termination of services by the Company) to pay damages to the extent of loss suffered by the Company. In case of default, ay a *‘the Company shall be entitled to withhold and appropriate your salary and other monetary benefits due to you till such time as the said amount of damages is fully recovered. At the time of termination of your services with the Company, you will be required to handover to the Company all documents, articles (including cash), confidential information, return all property (including car, keys, security pass, telephone, mobile, computer, disks, etc.) of the Company in good condition, which were given to you for your use or came within your possession by virtue of your employment with the Company, and obtain 2 “no dues certificate” from the Company. Final settlement of your accounts will be made only on you handing over the abovementioned items to a designated representative of the Company. You shall delete or destroy (if the Company so requires) all confidential information and provide proof of such destruction to the Company. You shall also be required to irretrievably delete all information of the Company stored on any magnetic or optical disk or memory of the personal equipment owned by you and all matter derived from such information of the Company. 17. ADDRESS The address indicated by you in the Form (“Address”) shall be deemed to be correct for sending any communication to you by the Company. Every communication sent to you at the Address shall be deemed to have been served upon you. In case there is any change in the Address, you will intimate the same in writing to the personal department / manager within 3 (three) days from the date of such change and ensure that such change of address is recorded by the Company. 18. CORRECT INFORMATION You are advised to furnish the details as required by the Company, to the best of your knowledge and belief. if any declaration, statement or information given by you is at any time found to be false or untrue or if any information is suppressed, your services are liable to be terminated forthwith, without any notice or compensation in lieu of notice. 19. DISPUTE RESOLUTION In case of any dispute or difference that may arise between the parties in relation to this Appointment Letter, such dispute shall be resolved by the parties mutually, through discussions at the Company's premises. In case such dispute is not resolved through discussions, within 15 (fifteen) days from the date of raising the dispute by a party, then either party may approach the courts at Mumbai for any relief. If the above terms and conditions are acceptable to you, please sign the duplicate copy of the Appointment Letter as an acknowledgement and submit the same along with the recruitment papers. ay a,‘We look forward to a mutually beneficial and long-term successful association with you. WISHING YOU ALL THE BEST! For NEOGEN CHEMICALS LIMITED Dr. Harin Kanani Managing Director =To Dr. Harin Kanani Managing Director NEOGEN CHEMICALS LIMITED 1002, Dev Corpora, Next to Cadbury Junction, Khopat, Thane (West) ~ 400601. laccept the offer on the terms and conditions mentioned in the Appointment Letter 18" January2024 and | shall report for my duties on Signature: Name: {_] Date : {_]xX dws NEOGEN CHEMICALS LTD Employee Name Divyeshiumar Ramashbhai Patel Designation Bast. Manager- Instrumentation ( Maintenance ) [Salary Component Final Salory Wont ‘Annual [stay 1,00,000 +2,00,000 asic a9 503,271 pedi Alowance 29970 251,636 ea 12582 150.981 ra 348 ‘ans conveyance 1.600 39,200 Medical 1250 35}000 auctions 200 2.800, Sub Total wos saan PF cont. byw. 7883 80.588 National Pensona Scheme lerformance Linked Variable Pay IPLVP)* 5333 +,09,000, rota cre 100,000 12,00,000, In adetion tothe above, you wil be covered under the following Schemes 2s per Company Policy > Group Heath insurance Media with family cover upto maxINR- 2 Lacs (Faril= SefeSpouce'3 kids upto age on 25) > Group Term fe insurance upto max NR your Anal CC musi by S > Group Persona Acident insurance upto max. INR your xonthly Gross Seley muti by 100, > Annual 35 leaves and 10 calender holiday are apatable ‘Ai compensation allowence are subect to Income Tox as applicable *Performace Liked Sonus willbe dsriosted by uly 2025 based on Company and individual performance n 2024-2025 Eigtitty and Payment sal be a per the payment of Gratulty Ac 1972 So ‘Br Harn ana Managing Director Bs Registered Office : 1002, Dev Corpora, Cadbury Junction, E : sales@neogenchem.com T: +91 22 2549 7300 Easter Express Highway, Thane (W) 400 601, India W:: wwrw.neogenchem.com F +91 22 2549 7399 IN No. L24200MH1989PLC050919