January 13, 2024

Dear Naveen Kumar V,

Congratulations!!

It is my pleasure to extend an offer of employment to you, further to your selection in our assessment Process.

You have been selected for the role of Product Specialist – Spine Division and your place of posting would be
Bangalore. We will look forward to your joining on 01st Feb 2024. You will be responsible for the Sales and Business
Development for the Spine division and any area of the service will required by the company. In this role, you will
be directly reporting to Sales Manager.

Your annual fixed remuneration on joining will be CTC Rs. 4,63,200/- (Rupees Four Lakh Sixty Three Thousand
Two Hundred Only).

Your offer has been made based on information furnished by you, however if there is a discrepancy in the copies
of documents or certificates given by you as a proof of above we retain the right to review our offer of employment.
you will be on probation for a period of six months and confirmation will be done post your performance
evaluation. further we will review your first performance by the third month and In case of unsatisfactory
performance during probation, termination of employment will be done without any notice.

RIVARP is committed to rapidly growing its business in India. We are confident that your contributions will take us
further in our journey towards fulfilling this goal.

We are committed to the growth of our valued team members and hope for a long-term commitment from you
by becoming a ‘Destination organization’.

Looking forward to a long and a mutually beneficial relationship!

For Rivarp Medical Pvt. Ltd

MAVIDIPALLI Digitally signed by
MAVIDIPALLI
THYAGARAJ THYAGARAJULU
Date: 2024.01.13
NAIDU

ULU NAIDU 17:21:12 +05'30'

M. T. NAIDU, CHAIRMAN
ANNEXURE- 1

FIXED COMPONENT STRUCTURE

NAME NAVEEN KUMAR V DEPARTMENT: SPINE

Division Compensation (All P.M.)
Fixed Salary Basic Salary INR 20,880
House rent Allowance INR 10,440
Special Allowance INR 7,280
Monthly payout INR 38,600
Total Annual fixed Salary Pay out INR 4,63,200
Deduction PT, PF (Both Contribution) per month INR 3,800

Health Insurance As per Company Policy

Take Home Salary INR 34,800/-

Performance Bonus / Will be paid subject to company & individual
Incentive performance.

MAVIDIPALLI Digitally signed by

MAVIDIPALLI
THYAGARAJ THYAGARAJULU NAIDU
Date: 2024.01.13
ULU NAIDU 17:21:38 +05'30'