27 April 2015

Dear Abhishek Burugu,

LETTER OF APPOINTMENT

We are delighted to welcome you to Axis Bank for an exciting career of learning, development and value driven performance
linked growth. Subsequent to the selection process, we take pleasure in offering you the position of Business Development
Executive under the control of Circle Head, Raipur Circle. The said appointment shall be governed by the under mentioned terms
and conditions apart from other Service Rules and conditions that are applicable or may become applicable from time to time.

1. Remuneration & Benefits

1.1 Remuneration:
Basic Salary Rs. 6,510.00p.m.
Basket of Allowance Rs. 5,000.00p.m.
Provident Fund Rs. 781.00p.m.
Gratuity Rs. 313.00p.m.
Fixed Cash + Retirals Rs. 12,604.00p.m.
Location Pay Rs. 0.00p.m.
Statutory Bonus * Rs. 1,400.00p.m.
Total Fixed Cash + Retirals Rs. 14,004.00p.m.

Upon your transfer/ deputation to any other location, the Remuneration as mentioned above is subject to change basis
the place of posting.

Retirals:
Contributory Provident Fund:

You will be covered under the Provident Fund Trust. You will be required to contribute to the Provident Fund of the Bank in
accordance with the regulations in force. At present this is 12% of the basic salary. In addition, the Bank will contribute 12%
of your basic salary to this fund.

Voluntary Provident Fund (VPF):

The Bank also has a voluntary provident fund scheme wherein you will be allowed to opt for a percentage of your Basic
Pay, up to a maximum of 23% as Voluntary Contribution to Provident Fund (VPF). The window for opting for VPF will be
open on the Bank’s HRMS for two months from your date of joining. Employees opting for VPF will be allowed to discontinue
their contribution during the year, but they will not be permitted to re-start the contribution during the year.
The contribution under this scheme will be in addition to the statutory Provident Fund contribution of 12% deducted from
salary, and there will be no matching contribution from the Bank towards VPF.

Gratuity:
You will be paid gratuity as per the provisions of The Payment of Gratuity Act i.e. after rendering five years of continuous
service in the Bank. As per the extant rules, the gratuity amount will be calculated @ 15 days on last drawn basic salary for
each completed year of service, subject to a maximum amount of 10 lacs.

Other Benefits:
Loan concession:
You will be entitled to staff loans at concessional rates of interest after your confirmation in the Bank as per details provided
in the CTC Annexure. In this connection, at the time of your joining, the Bank may, at its discretion, take over certain staff
loans with your existing employers. Post confirmation of your service in Axis Bank, outstanding specific loans may be taken
over at the Bank’s discretion and subject to eligibility criteria laid down.
 :: 2 ::

Group Mediclaim (Floater) Policy:

Upon Confirmation or 6 months of service whichever is earlier, subject to completion of all formalities in connection with
your appointment and fulfillment of the requirements of the Insurance Company, you will be covered under the Bank’s
Group Mediclaim (Floater) Policy in respect of yourself and a maximum of 3 of your dependents ( relations comprising of
Parents, Spouse and Children upto 25 years of age). Further, you have an option to bear the premium and add two more
dependents in addition to the above 3 dependents at a non-refundable premium. Upon confirmation or completion of 6
months, this amount shall be recovered upfront from the next monthly salary, on a pro-rata basis. The coverage limit under
the existing policy applicable to your grade is detailed in the CTC Annexure. For more details related to terms of inclusion,
eligibility etc. you may refer to the Bank’s Myconnect Portal upon your joining. The Bank's Mediclaim Policy falls due for
renewal on 1st October every year. The features referred to and the coverage provided as per CTC is valid only upto 30th
September and are subject to amendments upon renewal.

Group Term Life Insurance Policy:

You will be covered under the Bank’s Group Term Life Insurance Policy for a limit as applicable to your grade and is
detailed in the CTC Annexure. The requisite premium for the coverage will be deducted from your first salary. The policy
provides for the payment of the sum insured to the nominee / legal heirs in the event of the death (accidental / natural) of
an employee.

Variable Pay / Incentive Plan:

Annual performance linked variable pay / incentive, as may be applicable, will be paid as per the
Company’s policy, based on your performance and subject to your being a confirmed employee.

Your detailed compensation and benefit structure is given in the enclosed CTC Annexure. The said remuneration and
benefits will be taxable as per prevalent Income Tax Laws.
2. Reimbursement of Notice Period Pay
The Bank at its discretion may reimburse any shortfall in notice period pay to your current employer subject to prior
approval from the Competent Authority. In such case, the following terms and conditions shall apply:-
You will serve the Bank for a minimum period of three years, from the date of your joining the Bank's services, failing which
amount so reimbursed shall be recovered from you along with interest at the
Bank’s Base Rate prevailing on your last working day.

The Notice period pay reimbursement shall be taxable and will be added to your Annual Taxable Income for the relevant
Financial Year. Thus, the reimbursement shall be net of tax of the total amount paid by you to your employer.
For reimbursement of shortfall in notice period pay, you are requested to advise the amount, which you need to pay to your
present employer, to your Recruitment Manager before your resignation with your present employer to enable him / her to
take prior approval from the Competent Authority. Thereafter, upon your joining the Bank, recruitment manager shall advise
you to submit a certificate / letter from your present employer stating the number of days of shortfall in notice p eriod and
the amount recovered from you, basis which we shall process your request for reimbursement.

3. Leave Entitlements
The various leave entitlements are detailed in the Leave Annexure

4. Terms of Employment
Conditions precedent /Joining formalities:
Your appointment and subsequent joining is subject to the following:

Your submission of self-declaration of medical fitness in the prescribed format provided on our onboarding portal.
 :: 3 ::
The Bank receiving satisfactory Background Verification report. For this purpose, you will be contacted by an authorized agency
empanelled by the Bank.
The below mentioned documents to be submitted by you at the time of your joining –

a. Joining booklet (duly filled)

b. Self-attested copies of all your degrees and professional qualifications certificates and documentary evidence of
scholarships or prizes won, if any.
c. Proof of date of birth

d. Copy of Pan Card

e. Copy of Address Proof

f. One recent passport size color photograph

g. Copy of acceptance of resignation letter and relieving letter from your previous employer.

Additionally, the Bank reserves the right to seek references from your current / previous employer (s), at any stage,
subsequent to your acceptance of this letter of appointment.

It is brought to your notice that you need to complete your conditions precedent and / or joining formalities within 2 mon ths
from the date of joining, failing which your salary after 2nd month shall not be released till the completion of joining
formalities and the said salary shall be kept in the Bank’s Sundry Account.
Probation Period:

You will be on probation for a period of 6 (six) months from the date of your joining. This period may be extended upto a
maximum of 6 months in two tranches of 3 months each, if further assessment and observations are considered necessary
on the sole discretion of the Management. Thereafter, on failure to be confirmed in the service of the Bank, your
employment shall be terminated on account of non-confirmation of service.

On satisfactory completion of probation / extended probation period you will be confirmed in the services of the Bank.

Your probation can be extended not only by virtue of your non satisfactory performance but also by virtue of your non
completion of the formalities, which have to be fulfilled by you.

Notwithstanding what is stated above, the bank reserves the right to confirm you in the services of the bank even during th e
extended period, provided, the extension of probation was solely due to non-completion of the joining formalities and such
formalities are completed within the said period.

Transfer:

Your services are liable to be transferred to any of the offices of the Bank within India and / or abroad at the sole discretion of the
Bank and the Bank reserve the right to depute / transfer you at any time during your service in the Bank, to any of its
subsidiaries or associates without any prior consent from you.

Notwithstanding the role assigned to you in terms of this letter, the Bank reserves the right to assign you any other role/function
commensurate with your grade as may be deemed appropriate, depending on administrative exigencies and
requirements.

Your services can be requisitioned by the Bank at any time outside the business / working hours.

Resignation / Termination / Retirement:

Separation during probation:

a. On account of Resignation : During the period of probation, you may resign from the Bank’s service, subject to
acceptance of your resignation by the Competent Authority, for which you will be required to mandatorily serve a notice
period of 30 days. You will not be permitted to adjust any accumulated leave at your credit including accruals against the
notice period. However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such
an event, the basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus
privilege leave (if available), will be recovered from employee.

b. On account of Termination: During the probation period, this contract of employment is terminable by the Bank by way
of giving notice of 15 days’ or on payment of salary in lieu thereof without assigning any reasons therefor.
 :: 4 ::
Separation after Confirmation:

a. On account of Resignation: After confirmation, you may resign from the Bank's service, subject to acceptance of your
resignation by the Competent Authority, for which you will be required to mandatorily serve a notice period of 90 days. You
will not be permitted to adjust any accumulated leave at your credit including accruals against the notice period.
However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such an event, the
basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus privilege lea ve (if
available), will be recovered from employee.

b. On account of Termination: Notwithstanding what is provided in the Staff Rules and the above paragraphs, your
services, after confirmation, may be terminated by the Bank by giving 30 days’ notice or payment of 30 days’ s alary in lieu
thereof without assigning any reasons therefor.

Separation arrangement:
a. Written resignation should be submitted to your immediate supervisor, and also initiated on HRMS.
Upon receipt of your resignation, the acceptance of the same shall be at Bank’s discretion.

b. Upon acceptance of your resignation and before your proposed relieving date, you will have to return all Bank’s
property / assets entrusted to you and in your possession, to the Bank. Before you are relieved, all correspondence,
specifications, formulae, books, documents, cost data, market data, literature, drawings, effects etc. should be returned
and you shall not make or retain any copies of these items.

c. On separation, you will have to submit your claim for settlement of Provident Fund in the prescribed form. If no claim is
received within 6 months of separation, the Bank will close your Provident Fund account and credit proceeds to your SB
account with us or send you the proceeds by Demand Draft.

Retirement:

The retirement age in the Bank is fixed as 60 years. You will accordingly stand relieved from the services of the Bank on the
last day of the month of your attaining this age based on the Age Certificate furnished by you at the time of joining.

Other Terms
Code of Conduct & Ethics:

a. As an employee of the Bank, you will be guided by the Code of Conduct & Ethics and rules and regulations of the Bank
in force and as amended from time to time.

b. If any declaration, statement or information including your qualification, experience and/or any other details, as given
by you at any time, is found to be false or untrue, if any material information is suppressed or if it comes to the notice of the
Bank that you had been, prior to joining the Bank's services, convicted of any act involving moral turpitude and/or criminal
in nature, your services will be liable to be terminated forthwith without any notice or compensation in lieu thereof at any
time during or even after completion of the probation period. However, this does not preclude the Bank from initiating such
disciplinary measures, as the Bank shall deem fit and any penalty may be imposed upon you in terms of the Staff Rules of
the Bank in force.

The Bank reserves the right to vary the terms and conditions of service governing your appointment as contained in this letter
including your duties and responsibilities at any time.

Whole-time / Alternative Employment:

Your position is a whole time employment with the Bank and you shall not take any other work for remuneration (part-time or
otherwise) or work in advisory capacity or be interested directly or indirectly except as shareholder or debenture holder i n
other trade or business during the employment with the Bank. You shall not be involved directly or indirectly with any business
/ trade / occupation / service / calling or perform any part-time or other work for remuneration or otherwise without
obtaining prior written permission from Axis Bank.

During the employment in the services of the Bank, you shall not hold any other position in any organization nor shall you get
employed directly or indirectly in any manner whatsoever nor shall act as an advisor to any organization, the exception
being social organizations like clubs, NGOs etc. having no political affiliation. However the Bank reserves the right to direct
you to step down if, in the opinion of the Bank, such engagement interferes with your duties.
 :: 5 ::
4.7 Fidelity & Secrecy:

You shall not at any time during your employment and/or after the termination of your employment in any manner
whatsoever divulge any confidential information relating to the Bank, any of its constituents or its employees without the
prior written consent from the Management. In such an event, the Bank reserves the right to proceed against you.

Notwithstanding anything contained in the above paragraphs, your services may be terminated by the Bank if you are found to
be indulging in the acts of Commission / Omission which may be prejudicial to the interests of the Bank or any act of dishonesty,
disobedience, insubordination or any other misconduct or neglect of duty or incompetence in the discharge of duty on your part.

The terms and conditions set out in this letter of appointment inter alia constitute service conditions applicable to your
employment in the Bank. Any dispute arising thereof are subject to Mumbai jurisdiction only and the Mumbai Courts will have
exclusive jurisdiction.

The above terms and conditions are to be read in conjunction with the Staff Rules accessible through the Bank's intranet. These
shall be made available to you, post joining.

Kindly note that you are required to convey your acceptance within 15 days from the date of this letter. You are requested to sign
the copy of this letter as a token of acceptance of the above terms and return it to us immediately. This Letter of Appointme nt will
be valid only for fifteen days from the date of this letter.

For any further information / clarifications please feel free to contact:-

Plaban Patnaik

Plaban.Patnaik@axisbank.com

We at Axis Bank wish you success and look forward to your having a long and rewarding career with us!

Yours faithfully,

Human Resources
27 April 2015

Dear CH Naresh,

LETTER OF APPOINTMENT

We are delighted to welcome you to Axis Bank for an exciting career of learning, development and value driven performance
linked growth. Subsequent to the selection process, we take pleasure in offering you the position of Business Development
Executive under the control of Circle Head, Raipur Circle. The said appointment shall be governed by the under mentioned terms
and conditions apart from other Service Rules and conditions that are applicable or may become applicable from time to time.

1. Remuneration & Benefits

1.1 Remuneration:
Basic Salary Rs. 6,510.00p.m.
Basket of Allowance Rs. 5,000.00p.m.
Provident Fund Rs. 781.00p.m.
Gratuity Rs. 313.00p.m.
Fixed Cash + Retirals Rs. 12,604.00p.m.
Location Pay Rs. 0.00p.m.
Statutory Bonus * Rs. 1,400.00p.m.
Total Fixed Cash + Retirals Rs. 14,004.00p.m.

Upon your transfer/ deputation to any other location, the Remuneration as mentioned above is subject to change basis
the place of posting.

Retirals:
Contributory Provident Fund:

You will be covered under the Provident Fund Trust. You will be required to contribute to the Provident Fund of the Bank in
accordance with the regulations in force. At present this is 12% of the basic salary. In addition, the Bank will contribute 12%
of your basic salary to this fund.

Voluntary Provident Fund (VPF):

The Bank also has a voluntary provident fund scheme wherein you will be allowed to opt for a percentage of your Basic
Pay, up to a maximum of 23% as Voluntary Contribution to Provident Fund (VPF). The window for opting for VPF will be
open on the Bank’s HRMS for two months from your date of joining. Employees opting for VPF will be allowed to discontinue
their contribution during the year, but they will not be permitted to re-start the contribution during the year.
The contribution under this scheme will be in addition to the statutory Provident Fund contribution of 12% deducted from
salary, and there will be no matching contribution from the Bank towards VPF.

Gratuity:
You will be paid gratuity as per the provisions of The Payment of Gratuity Act i.e. after rendering five years of continuous
service in the Bank. As per the extant rules, the gratuity amount will be calculated @ 15 days on last drawn basic salary for
each completed year of service, subject to a maximum amount of 10 lacs.

Other Benefits:
Loan concession:
You will be entitled to staff loans at concessional rates of interest after your confirmation in the Bank as per details provided
in the CTC Annexure. In this connection, at the time of your joining, the Bank may, at its discretion, take over certain staf f
loans with your existing employers. Post confirmation of your service in Axis Bank, outstanding specific loans may be taken
over at the Bank’s discretion and subject to eligibility criteria laid down.
 :: 2 ::

Group Mediclaim (Floater) Policy:

Upon Confirmation or 6 months of service whichever is earlier, subject to completion of all formalities in connection with
your appointment and fulfillment of the requirements of the Insurance Company, you will be covered under the Bank’s
Group Mediclaim (Floater) Policy in respect of yourself and a maximum of 3 of your dependents ( relations comprising of
Parents, Spouse and Children upto 25 years of age). Further, you have an option to bear the premium and add two more
dependents in addition to the above 3 dependents at a non-refundable premium. Upon confirmation or completion of 6
months, this amount shall be recovered upfront from the next monthly salary, on a pro-rata basis. The coverage limit under
the existing policy applicable to your grade is detailed in the CTC Annexure. For more details related to terms of inclusion,
eligibility etc. you may refer to the Bank’s Myconnect Portal upon your joining. The Bank's Mediclaim Policy falls due for
renewal on 1st October every year. The features referred to and the coverage provided as per CTC is valid only upto 30th
September and are subject to amendments upon renewal.

Group Term Life Insurance Policy:

You will be covered under the Bank’s Group Term Life Insurance Policy for a limit as applicable to your grade and is
detailed in the CTC Annexure. The requisite premium for the coverage will be deducted from your first salary. The policy
provides for the payment of the sum insured to the nominee / legal heirs in the event of the death (accidental / natural) of
an employee.

Variable Pay / Incentive Plan:

Annual performance linked variable pay / incentive, as may be applicable, will be paid as per the
Company’s policy, based on your performance and subject to your being a confirmed employee.

Your detailed compensation and benefit structure is given in the enclosed CTC Annexure. The said remuneration and
benefits will be taxable as per prevalent Income Tax Laws.
2. Reimbursement of Notice Period Pay
The Bank at its discretion may reimburse any shortfall in notice period pay to your current employer subject to prior
approval from the Competent Authority. In such case, the following terms and conditions shall apply:-
You will serve the Bank for a minimum period of three years, from the date of your joining the Bank's services, failing which
amount so reimbursed shall be recovered from you along with interest at the
Bank’s Base Rate prevailing on your last working day.

The Notice period pay reimbursement shall be taxable and will be added to your Annual Taxable Income for the relevant
Financial Year. Thus, the reimbursement shall be net of tax of the total amount paid by you to your employer.
For reimbursement of shortfall in notice period pay, you are requested to advise the amount, which you need to pay to your
present employer, to your Recruitment Manager before your resignation with your present employer to enable him / her to
take prior approval from the Competent Authority. Thereafter, upon your joining the Bank, recruitment manager shall advise
you to submit a certificate / letter from your present employer stating the number of days of shortfall in notice period a nd
the amount recovered from you, basis which we shall process your request for reimbursement.

3. Leave Entitlements
The various leave entitlements are detailed in the Leave Annexure

4. Terms of Employment
Conditions precedent /Joining formalities:
Your appointment and subsequent joining is subject to the following:

Your submission of self-declaration of medical fitness in the prescribed format provided on our onboarding portal.
 :: 3 ::
The Bank receiving satisfactory Background Verification report. For this purpose, you will be contacted by an authorized agency
empanelled by the Bank.
The below mentioned documents to be submitted by you at the time of your joining –

a. Joining booklet (duly filled)

b. Self-attested copies of all your degrees and professional qualifications certificates and documentary evidence of
scholarships or prizes won, if any.
c. Proof of date of birth

d. Copy of Pan Card

e. Copy of Address Proof

f. One recent passport size color photograph

g. Copy of acceptance of resignation letter and relieving letter from your previous employer.

Additionally, the Bank reserves the right to seek references from your current / previous employer (s), at any stage,
subsequent to your acceptance of this letter of appointment.

It is brought to your notice that you need to complete your conditions precedent and / or joining formalities within 2 mon ths
from the date of joining, failing which your salary after 2nd month shall not be released till the completion of joining
formalities and the said salary shall be kept in the Bank’s Sundry Account.
Probation Period:

You will be on probation for a period of 6 (six) months from the date of your joining. This period may be extended upto a
maximum of 6 months in two tranches of 3 months each, if further assessment and observations are considered necessary
on the sole discretion of the Management. Thereafter, on failure to be confirmed in the service of the Bank, your
employment shall be terminated on account of non-confirmation of service.

On satisfactory completion of probation / extended probation period you will be confirmed in the services of the Bank.

Your probation can be extended not only by virtue of your non satisfactory performance but also by virtue of your non
completion of the formalities, which have to be fulfilled by you.

Notwithstanding what is stated above, the bank reserves the right to confirm you in the services of the bank even during th e
extended period, provided, the extension of probation was solely due to non-completion of the joining formalities and such
formalities are completed within the said period.

Transfer:

Your services are liable to be transferred to any of the offices of the Bank within India and / or abroad at the sole discretion of the
Bank and the Bank reserve the right to depute / transfer you at any time during your service in the Bank, to any of its
subsidiaries or associates without any prior consent from you.

Notwithstanding the role assigned to you in terms of this letter, the Bank reserves the right to assign you any other role/function
commensurate with your grade as may be deemed appropriate, depending on administrative exigencies and
requirements.

Your services can be requisitioned by the Bank at any time outside the business / working hours.

Resignation / Termination / Retirement:

Separation during probation:

a. On account of Resignation : During the period of probation, you may resign from the Bank’s service, subject to
acceptance of your resignation by the Competent Authority, for which you will be required to mandatorily serve a notice
period of 30 days. You will not be permitted to adjust any accumulated leave at your credit including accruals against the
notice period. However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such
an event, the basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus
privilege leave (if available), will be recovered from employee.

b. On account of Termination: During the probation period, this contract of employment is terminable by the Bank by way
of giving notice of 15 days’ or on payment of salary in lieu thereof without assigning any reasons therefor.
 :: 4 ::
Separation after Confirmation:

a. On account of Resignation: After confirmation, you may resign from the Bank's service, subject to acceptance of your
resignation by the Competent Authority, for which you will be required to mandatorily serve a notice period of 90 days. You
will not be permitted to adjust any accumulated leave at your credit including accruals against the notice period.
However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such an event, the
basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus privilege leav e (if
available), will be recovered from employee.

b. On account of Termination: Notwithstanding what is provided in the Staff Rules and the above paragraphs, your
services, after confirmation, may be terminated by the Bank by giving 30 days’ notice or payment of 30 days’ salary in lieu
thereof without assigning any reasons therefor.

Separation arrangement:
a. Written resignation should be submitted to your immediate supervisor, and also initiated on HRMS.
Upon receipt of your resignation, the acceptance of the same shall be at Bank’s discretion.

b. Upon acceptance of your resignation and before your proposed relieving date, you will have to return all Bank’s
property / assets entrusted to you and in your possession, to the Bank. Before you are relieved, all correspondence,
specifications, formulae, books, documents, cost data, market data, literature, drawings, effects etc. should be return ed
and you shall not make or retain any copies of these items.

c. On separation, you will have to submit your claim for settlement of Provident Fund in the prescribed form. If no claim is
received within 6 months of separation, the Bank will close your Provident Fund account and credit proceeds to your SB
account with us or send you the proceeds by Demand Draft.

Retirement:

The retirement age in the Bank is fixed as 60 years. You will accordingly stand relieved from the services of the Bank on the
last day of the month of your attaining this age based on the Age Certificate furnished by you at the time of joining.

Other Terms
Code of Conduct & Ethics:

a. As an employee of the Bank, you will be guided by the Code of Conduct & Ethics and rules and regulations of the Bank
in force and as amended from time to time.

b. If any declaration, statement or information including your qualification, experience and/or any other details, as given
by you at any time, is found to be false or untrue, if any material information is suppressed or if it comes to the notice of the
Bank that you had been, prior to joining the Bank's services, convicted of any act involving moral turpitude and/or criminal
in nature, your services will be liable to be terminated forthwith without any notice or compensation in lieu thereof at any
time during or even after completion of the probation period. However, this does not preclude the Bank from initiating such
disciplinary measures, as the Bank shall deem fit and any penalty may be imposed upon you in terms of the Staff Rules of
the Bank in force.

The Bank reserves the right to vary the terms and conditions of service governing your appointment as contained in this lette r
including your duties and responsibilities at any time.

Whole-time / Alternative Employment:

Your position is a whole time employment with the Bank and you shall not take any other work for remuneration (part-time or
otherwise) or work in advisory capacity or be interested directly or indirectly except as shareholder or debenture holder in
other trade or business during the employment with the Bank. You shall not be involved directly or indirectly with any business
/ trade / occupation / service / calling or perform any part-time or other work for remuneration or otherwise without
obtaining prior written permission from Axis Bank.

During the employment in the services of the Bank, you shall not hold any other position in any organization nor shall you get
employed directly or indirectly in any manner whatsoever nor shall act as an advisor to any organization, the exception
being social organizations like clubs, NGOs etc. having no political affiliation. However the Bank reserves the right to d irect
you to step down if, in the opinion of the Bank, such engagement interferes with your duties.
 :: 5 ::
4.7 Fidelity & Secrecy:

You shall not at any time during your employment and/or after the termination of your employment in any manner
whatsoever divulge any confidential information relating to the Bank, any of its constituents or its employees without the
prior written consent from the Management. In such an event, the Bank reserves the right to proceed against you.

Notwithstanding anything contained in the above paragraphs, your services may be terminated by the Bank if you are found to
be indulging in the acts of Commission / Omission which may be prejudicial to the interests of the Bank or any act of dishonesty,
disobedience, insubordination or any other misconduct or neglect of duty or incompetence in the discharge of duty on your part.

The terms and conditions set out in this letter of appointment inter alia constitute service conditions applicable to your
employment in the Bank. Any dispute arising thereof are subject to Mumbai jurisdiction only and the Mumbai Courts will have
exclusive jurisdiction.

The above terms and conditions are to be read in conjunction with the Staff Rules accessible through the Bank's intranet. These
shall be made available to you, post joining.

Kindly note that you are required to convey your acceptance within 15 days from the date of this letter. You are requested to sign
the copy of this letter as a token of acceptance of the above terms and return it to us immediately. This Letter of Appointme nt will
be valid only for fifteen days from the date of this letter.

For any further information / clarifications please feel free to contact:-

Plaban Patnaik

Plaban.Patnaik@axisbank.com

We at Axis Bank wish you success and look forward to your having a long and rewarding career with us!

Yours faithfully,

Human Resources
27 April 2015

Dear Jandla Saritha,

LETTER OF APPOINTMENT

We are delighted to welcome you to Axis Bank for an exciting career of learning, development and value driven performance
linked growth. Subsequent to the selection process, we take pleasure in offering you the position of Business Development
Executive under the control of Circle Head, Raipur Circle. The said appointment shall be governed by the under mentioned terms
and conditions apart from other Service Rules and conditions that are applicable or may become applicable from time to time.

1. Remuneration & Benefits

1.1 Remuneration:
Basic Salary Rs. 6,510.00p.m.
Basket of Allowance Rs. 5,000.00p.m.
Provident Fund Rs. 781.00p.m.
Gratuity Rs. 313.00p.m.
Fixed Cash + Retirals Rs. 12,604.00p.m.
Location Pay Rs. 0.00p.m.
Statutory Bonus * Rs. 1,400.00p.m.
Total Fixed Cash + Retirals Rs. 14,004.00p.m.

Upon your transfer/ deputation to any other location, the Remuneration as mentioned above is subject to change basis
the place of posting.

Retirals:
Contributory Provident Fund:

You will be covered under the Provident Fund Trust. You will be required to contribute to the Provident Fund of the Bank in
accordance with the regulations in force. At present this is 12% of the basic salary. In addition, the Bank will contribute 12%
of your basic salary to this fund.

Voluntary Provident Fund (VPF):

The Bank also has a voluntary provident fund scheme wherein you will be allowed to opt for a percentage of your Basic
Pay, up to a maximum of 23% as Voluntary Contribution to Provident Fund (VPF). The window for opting for VPF will be
open on the Bank’s HRMS for two months from your date of joining. Employees opting for VPF will be allowed to discontinue
their contribution during the year, but they will not be permitted to re-start the contribution during the year.
The contribution under this scheme will be in addition to the statutory Provident Fund contribution of 12% deducted from
salary, and there will be no matching contribution from the Bank towards VPF.

Gratuity:
You will be paid gratuity as per the provisions of The Payment of Gratuity Act i.e. after rendering five years of continuous
service in the Bank. As per the extant rules, the gratuity amount will be calculated @ 15 days on last drawn basic salary for
each completed year of service, subject to a maximum amount of 10 lacs.

Other Benefits:
Loan concession:
You will be entitled to staff loans at concessional rates of interest after your confirmation in the Bank as per details provided
in the CTC Annexure. In this connection, at the time of your joining, the Bank may, at its discretion, take over certain staf f
loans with your existing employers. Post confirmation of your service in Axis Bank, outstanding specific loans may be taken
over at the Bank’s discretion and subject to eligibility criteria laid down.
 :: 2 ::

Group Mediclaim (Floater) Policy:

Upon Confirmation or 6 months of service whichever is earlier, subject to completion of all formalities in connection with
your appointment and fulfillment of the requirements of the Insurance Company, you will be covered under the Bank’s
Group Mediclaim (Floater) Policy in respect of yourself and a maximum of 3 of your dependents ( relations comprising of
Parents, Spouse and Children upto 25 years of age). Further, you have an option to bear the premium and add two more
dependents in addition to the above 3 dependents at a non-refundable premium. Upon confirmation or completion of 6
months, this amount shall be recovered upfront from the next monthly salary, on a pro-rata basis. The coverage limit under
the existing policy applicable to your grade is detailed in the CTC Annexure. For more details related to terms of inclusion,
eligibility etc. you may refer to the Bank’s Myconnect Portal upon your joining. The Bank's Mediclaim Policy falls due for
renewal on 1st October every year. The features referred to and the coverage provided as per CTC is valid only upto 30th
September and are subject to amendments upon renewal.

Group Term Life Insurance Policy:

You will be covered under the Bank’s Group Term Life Insurance Policy for a limit as applicable to your grade and is
detailed in the CTC Annexure. The requisite premium for the coverage will be deducted from your first salary. The policy
provides for the payment of the sum insured to the nominee / legal heirs in the event of the death (accidental / natural) of
an employee.

Variable Pay / Incentive Plan:

Annual performance linked variable pay / incentive, as may be applicable, will be paid as per the
Company’s policy, based on your performance and subject to your being a confirmed employee.

Your detailed compensation and benefit structure is given in the enclosed CTC Annexure. The said remuneration and
benefits will be taxable as per prevalent Income Tax Laws.
2. Reimbursement of Notice Period Pay
The Bank at its discretion may reimburse any shortfall in notice period pay to your current employer subject to prior
approval from the Competent Authority. In such case, the following terms and conditions shall apply:-
You will serve the Bank for a minimum period of three years, from the date of your joining the Bank's services, failing which
amount so reimbursed shall be recovered from you along with interest at the
Bank’s Base Rate prevailing on your last working day.

The Notice period pay reimbursement shall be taxable and will be added to your Annual Taxable Income for the relevant
Financial Year. Thus, the reimbursement shall be net of tax of the total amount paid by you to your employer.
For reimbursement of shortfall in notice period pay, you are requested to advise the amount, which you need to pay to your
present employer, to your Recruitment Manager before your resignation with your present employer to enable him / her to
take prior approval from the Competent Authority. Thereafter, upon your joining the Bank, recruitment manager shall advise
you to submit a certificate / letter from your present employer stating the number of days of shortfall in notice period a nd
the amount recovered from you, basis which we shall process your request for reimbursement.

3. Leave Entitlements
The various leave entitlements are detailed in the Leave Annexure

4. Terms of Employment
Conditions precedent /Joining formalities:
Your appointment and subsequent joining is subject to the following:

Your submission of self-declaration of medical fitness in the prescribed format provided on our onboarding portal.
 :: 3 ::
The Bank receiving satisfactory Background Verification report. For this purpose, you will be contacted by an authorized agency
empanelled by the Bank.
The below mentioned documents to be submitted by you at the time of your joining –

a. Joining booklet (duly filled)

b. Self-attested copies of all your degrees and professional qualifications certificates and documentary evidence of
scholarships or prizes won, if any.
c. Proof of date of birth

d. Copy of Pan Card

e. Copy of Address Proof

f. One recent passport size color photograph

g. Copy of acceptance of resignation letter and relieving letter from your previous employer.

Additionally, the Bank reserves the right to seek references from your current / previous employer (s), at any stage,
subsequent to your acceptance of this letter of appointment.

It is brought to your notice that you need to complete your conditions precedent and / or joining formalities within 2 mon ths
from the date of joining, failing which your salary after 2nd month shall not be released till the completion of joining
formalities and the said salary shall be kept in the Bank’s Sundry Account.
Probation Period:

You will be on probation for a period of 6 (six) months from the date of your joining. This period may be extended upto a
maximum of 6 months in two tranches of 3 months each, if further assessment and observations are considered necessary
on the sole discretion of the Management. Thereafter, on failure to be confirmed in the service of the Bank, your
employment shall be terminated on account of non-confirmation of service.

On satisfactory completion of probation / extended probation period you will be confirmed in the services of the Bank.

Your probation can be extended not only by virtue of your non satisfactory performance but also by virtue of your non
completion of the formalities, which have to be fulfilled by you.

Notwithstanding what is stated above, the bank reserves the right to confirm you in the services of the bank even during th e
extended period, provided, the extension of probation was solely due to non-completion of the joining formalities and such
formalities are completed within the said period.

Transfer:

Your services are liable to be transferred to any of the offices of the Bank within India and / or abroad at the sole discretion of the
Bank and the Bank reserve the right to depute / transfer you at any time during your service in the Bank, to any of its
subsidiaries or associates without any prior consent from you.

Notwithstanding the role assigned to you in terms of this letter, the Bank reserves the right to assign you any other role/function
commensurate with your grade as may be deemed appropriate, depending on administrative exigencies and
requirements.

Your services can be requisitioned by the Bank at any time outside the business / working hours.

Resignation / Termination / Retirement:

Separation during probation:

a. On account of Resignation : During the period of probation, you may resign from the Bank’s service, subject to
acceptance of your resignation by the Competent Authority, for which you will be required to mandatorily serve a notice
period of 30 days. You will not be permitted to adjust any accumulated leave at your credit including accruals against the
notice period. However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such
an event, the basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus
privilege leave (if available), will be recovered from employee.

b. On account of Termination: During the probation period, this contract of employment is terminable by the Bank by way
of giving notice of 15 days’ or on payment of salary in lieu thereof without assigning any reasons therefor.
 :: 4 ::
Separation after Confirmation:

a. On account of Resignation: After confirmation, you may resign from the Bank's service, subject to acceptance of your
resignation by the Competent Authority, for which you will be required to mandatorily serve a notice period of 90 days. You
will not be permitted to adjust any accumulated leave at your credit including accruals against the notice period.
However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such an event, the
basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus privilege leav e (if
available), will be recovered from employee.

b. On account of Termination: Notwithstanding what is provided in the Staff Rules and the above paragraphs, your
services, after confirmation, may be terminated by the Bank by giving 30 days’ notice or payment of 30 days’ salary in lieu
thereof without assigning any reasons therefor.

Separation arrangement:
a. Written resignation should be submitted to your immediate supervisor, and also initiated on HRMS.
Upon receipt of your resignation, the acceptance of the same shall be at Bank’s discretion.

b. Upon acceptance of your resignation and before your proposed relieving date, you will have to return all Bank’s
property / assets entrusted to you and in your possession, to the Bank. Before you are relieved, all correspondence,
specifications, formulae, books, documents, cost data, market data, literature, drawings, effects etc. should be return ed
and you shall not make or retain any copies of these items.

c. On separation, you will have to submit your claim for settlement of Provident Fund in the prescribed form. If no claim is
received within 6 months of separation, the Bank will close your Provident Fund account and credit proceeds to your SB
account with us or send you the proceeds by Demand Draft.

Retirement:

The retirement age in the Bank is fixed as 60 years. You will accordingly stand relieved from the services of the Bank on the
last day of the month of your attaining this age based on the Age Certificate furnished by you at the time of joining.

Other Terms
Code of Conduct & Ethics:

a. As an employee of the Bank, you will be guided by the Code of Conduct & Ethics and rules and regulations of the Bank
in force and as amended from time to time.

b. If any declaration, statement or information including your qualification, experience and/or any other details, as given
by you at any time, is found to be false or untrue, if any material information is suppressed or if it comes to the notice of the
Bank that you had been, prior to joining the Bank's services, convicted of any act involving moral turpitude and/or criminal
in nature, your services will be liable to be terminated forthwith without any notice or compensation in lieu thereof at any
time during or even after completion of the probation period. However, this does not preclude the Bank from initiating such
disciplinary measures, as the Bank shall deem fit and any penalty may be imposed upon you in terms of the Staff Rules of
the Bank in force.

The Bank reserves the right to vary the terms and conditions of service governing your appointment as contained in this lette r
including your duties and responsibilities at any time.

Whole-time / Alternative Employment:

Your position is a whole time employment with the Bank and you shall not take any other work for remuneration (part-time or
otherwise) or work in advisory capacity or be interested directly or indirectly except as shareholder or debenture holder in
other trade or business during the employment with the Bank. You shall not be involved directly or indirectly with any business
/ trade / occupation / service / calling or perform any part-time or other work for remuneration or otherwise without
obtaining prior written permission from Axis Bank.

During the employment in the services of the Bank, you shall not hold any other position in any organization nor shall you get
employed directly or indirectly in any manner whatsoever nor shall act as an advisor to any organization, the exception
being social organizations like clubs, NGOs etc. having no political affiliation. However the Bank reserves the right to d irect
you to step down if, in the opinion of the Bank, such engagement interferes with your duties.
 :: 5 ::
4.7 Fidelity & Secrecy:

You shall not at any time during your employment and/or after the termination of your employment in any manner
whatsoever divulge any confidential information relating to the Bank, any of its constituents or its employees without the
prior written consent from the Management. In such an event, the Bank reserves the right to proceed against you.

Notwithstanding anything contained in the above paragraphs, your services may be terminated by the Bank if you are found to
be indulging in the acts of Commission / Omission which may be prejudicial to the interests of the Bank or any act of dishonesty,
disobedience, insubordination or any other misconduct or neglect of duty or incompetence in the discharge of duty on your part.

The terms and conditions set out in this letter of appointment inter alia constitute service conditions applicable to your
employment in the Bank. Any dispute arising thereof are subject to Mumbai jurisdiction only and the Mumbai Courts will have
exclusive jurisdiction.

The above terms and conditions are to be read in conjunction with the Staff Rules accessible through the Bank's intranet. These
shall be made available to you, post joining.

Kindly note that you are required to convey your acceptance within 15 days from the date of this letter. You are requested to sign
the copy of this letter as a token of acceptance of the above terms and return it to us immediately. This Letter of Appointme nt will
be valid only for fifteen days from the date of this letter.

For any further information / clarifications please feel free to contact:-

Plaban Patnaik

Plaban.Patnaik@axisbank.com

We at Axis Bank wish you success and look forward to your having a long and rewarding career with us!

Yours faithfully,

Human Resources
27 April 2015

Dear Karungulla Brijesh,

LETTER OF APPOINTMENT

We are delighted to welcome you to Axis Bank for an exciting career of learning, development and value driven performance
linked growth. Subsequent to the selection process, we take pleasure in offering you the position of Business Development
Executive under the control of Circle Head, Raipur Circle. The said appointment shall be governed by the under mentioned terms
and conditions apart from other Service Rules and conditions that are applicable or may become applicable from time to time.

1. Remuneration & Benefits

1.1 Remuneration:
Basic Salary Rs. 6,510.00p.m.
Basket of Allowance Rs. 5,000.00p.m.
Provident Fund Rs. 781.00p.m.
Gratuity Rs. 313.00p.m.
Fixed Cash + Retirals Rs. 12,604.00p.m.
Location Pay Rs. 0.00p.m.
Statutory Bonus * Rs. 1,400.00p.m.
Total Fixed Cash + Retirals Rs. 14,004.00p.m.

Upon your transfer/ deputation to any other location, the Remuneration as mentioned above is subject to change basis
the place of posting.

Retirals:
Contributory Provident Fund:

You will be covered under the Provident Fund Trust. You will be required to contribute to the Provident Fund of the Bank in
accordance with the regulations in force. At present this is 12% of the basic salary. In addition, the Bank will contribute 12%
of your basic salary to this fund.

Voluntary Provident Fund (VPF):

The Bank also has a voluntary provident fund scheme wherein you will be allowed to opt for a percentage of your Basic
Pay, up to a maximum of 23% as Voluntary Contribution to Provident Fund (VPF). The window for opting for VPF will be
open on the Bank’s HRMS for two months from your date of joining. Employees opting for VPF will be allowed to discontinue
their contribution during the year, but they will not be permitted to re-start the contribution during the year.
The contribution under this scheme will be in addition to the statutory Provident Fund contribution of 12% deducted from
salary, and there will be no matching contribution from the Bank towards VPF.

Gratuity:
You will be paid gratuity as per the provisions of The Payment of Gratuity Act i.e. after rendering five years of continuous
service in the Bank. As per the extant rules, the gratuity amount will be calculated @ 15 days on last drawn basic salary for
each completed year of service, subject to a maximum amount of 10 lacs.

Other Benefits:
Loan concession:
You will be entitled to staff loans at concessional rates of interest after your confirmation in the Bank as per details provided
in the CTC Annexure. In this connection, at the time of your joining, the Bank may, at its discretion, take over certain staf f
loans with your existing employers. Post confirmation of your service in Axis Bank, outstanding specific loans may be taken
over at the Bank’s discretion and subject to eligibility criteria laid down.
 :: 2 ::

Group Mediclaim (Floater) Policy:

Upon Confirmation or 6 months of service whichever is earlier, subject to completion of all formalities in connection with
your appointment and fulfillment of the requirements of the Insurance Company, you will be covered under the Bank’s
Group Mediclaim (Floater) Policy in respect of yourself and a maximum of 3 of your dependents ( relations comprising of
Parents, Spouse and Children upto 25 years of age). Further, you have an option to bear the premium and add two more
dependents in addition to the above 3 dependents at a non-refundable premium. Upon confirmation or completion of 6
months, this amount shall be recovered upfront from the next monthly salary, on a pro-rata basis. The coverage limit under
the existing policy applicable to your grade is detailed in the CTC Annexure. For more details related to terms of inclusion,
eligibility etc. you may refer to the Bank’s Myconnect Portal upon your joining. The Bank's Mediclaim Policy falls due for
renewal on 1st October every year. The features referred to and the coverage provided as per CTC is valid only upto 30th
September and are subject to amendments upon renewal.

Group Term Life Insurance Policy:

You will be covered under the Bank’s Group Term Life Insurance Policy for a limit as applicable to your grade and is
detailed in the CTC Annexure. The requisite premium for the coverage will be deducted from your first salary. The policy
provides for the payment of the sum insured to the nominee / legal heirs in the event of the death (accidental / natural) of
an employee.

Variable Pay / Incentive Plan:

Annual performance linked variable pay / incentive, as may be applicable, will be paid as per the
Company’s policy, based on your performance and subject to your being a confirmed employee.

Your detailed compensation and benefit structure is given in the enclosed CTC Annexure. The said remuneration and
benefits will be taxable as per prevalent Income Tax Laws.
2. Reimbursement of Notice Period Pay
The Bank at its discretion may reimburse any shortfall in notice period pay to your current employer subject to prior
approval from the Competent Authority. In such case, the following terms and conditions shall apply:-
You will serve the Bank for a minimum period of three years, from the date of your joining the Bank's services, failing which
amount so reimbursed shall be recovered from you along with interest at the
Bank’s Base Rate prevailing on your last working day.

The Notice period pay reimbursement shall be taxable and will be added to your Annual Taxable Income for the relevant
Financial Year. Thus, the reimbursement shall be net of tax of the total amount paid by you to your employer.
For reimbursement of shortfall in notice period pay, you are requested to advise the amount, which you need to pay to your
present employer, to your Recruitment Manager before your resignation with your present employer to enable him / her to
take prior approval from the Competent Authority. Thereafter, upon your joining the Bank, recruitment manager shall advise
you to submit a certificate / letter from your present employer stating the number of days of shortfall in notice period a nd
the amount recovered from you, basis which we shall process your request for reimbursement.

3. Leave Entitlements
The various leave entitlements are detailed in the Leave Annexure

4. Terms of Employment
Conditions precedent /Joining formalities:
Your appointment and subsequent joining is subject to the following:

Your submission of self-declaration of medical fitness in the prescribed format provided on our onboarding portal.
 :: 3 ::
The Bank receiving satisfactory Background Verification report. For this purpose, you will be contacted by an authorized agency
empanelled by the Bank.
The below mentioned documents to be submitted by you at the time of your joining –

a. Joining booklet (duly filled)

b. Self-attested copies of all your degrees and professional qualifications certificates and documentary evidence of
scholarships or prizes won, if any.
c. Proof of date of birth

d. Copy of Pan Card

e. Copy of Address Proof

f. One recent passport size color photograph

g. Copy of acceptance of resignation letter and relieving letter from your previous employer.

Additionally, the Bank reserves the right to seek references from your current / previous employer (s), at any stage,
subsequent to your acceptance of this letter of appointment.

It is brought to your notice that you need to complete your conditions precedent and / or joining formalities within 2 mon ths
from the date of joining, failing which your salary after 2nd month shall not be released till the completion of joining
formalities and the said salary shall be kept in the Bank’s Sundry Account.
Probation Period:

You will be on probation for a period of 6 (six) months from the date of your joining. This period may be extended upto a
maximum of 6 months in two tranches of 3 months each, if further assessment and observations are considered necessary
on the sole discretion of the Management. Thereafter, on failure to be confirmed in the service of the Bank, your
employment shall be terminated on account of non-confirmation of service.

On satisfactory completion of probation / extended probation period you will be confirmed in the services of the Bank.

Your probation can be extended not only by virtue of your non satisfactory performance but also by virtue of your non
completion of the formalities, which have to be fulfilled by you.

Notwithstanding what is stated above, the bank reserves the right to confirm you in the services of the bank even during th e
extended period, provided, the extension of probation was solely due to non-completion of the joining formalities and such
formalities are completed within the said period.

Transfer:

Your services are liable to be transferred to any of the offices of the Bank within India and / or abroad at the sole discretion of the
Bank and the Bank reserve the right to depute / transfer you at any time during your service in the Bank, to any of its
subsidiaries or associates without any prior consent from you.

Notwithstanding the role assigned to you in terms of this letter, the Bank reserves the right to assign you any other role/function
commensurate with your grade as may be deemed appropriate, depending on administrative exigencies and
requirements.

Your services can be requisitioned by the Bank at any time outside the business / working hours.

Resignation / Termination / Retirement:

Separation during probation:

a. On account of Resignation : During the period of probation, you may resign from the Bank’s service, subject to
acceptance of your resignation by the Competent Authority, for which you will be required to mandatorily serve a notice
period of 30 days. You will not be permitted to adjust any accumulated leave at your credit including accruals against the
notice period. However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such
an event, the basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus
privilege leave (if available), will be recovered from employee.

b. On account of Termination: During the probation period, this contract of employment is terminable by the Bank by way
of giving notice of 15 days’ or on payment of salary in lieu thereof without assigning any reasons therefor.
 :: 4 ::
Separation after Confirmation:

a. On account of Resignation: After confirmation, you may resign from the Bank's service, subject to acceptance of your
resignation by the Competent Authority, for which you will be required to mandatorily serve a notice period of 90 days. You
will not be permitted to adjust any accumulated leave at your credit including accruals against the notice period.
However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such an event, the
basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus privilege leav e (if
available), will be recovered from employee.

b. On account of Termination: Notwithstanding what is provided in the Staff Rules and the above paragraphs, your
services, after confirmation, may be terminated by the Bank by giving 30 days’ notice or payment of 30 days’ salary in lieu
thereof without assigning any reasons therefor.

Separation arrangement:
a. Written resignation should be submitted to your immediate supervisor, and also initiated on HRMS.
Upon receipt of your resignation, the acceptance of the same shall be at Bank’s discretion.

b. Upon acceptance of your resignation and before your proposed relieving date, you will have to return all Bank’s
property / assets entrusted to you and in your possession, to the Bank. Before you are relieved, all correspondence,
specifications, formulae, books, documents, cost data, market data, literature, drawings, effects etc. should be return ed
and you shall not make or retain any copies of these items.

c. On separation, you will have to submit your claim for settlement of Provident Fund in the prescribed form. If no claim is
received within 6 months of separation, the Bank will close your Provident Fund account and credit proceeds to your SB
account with us or send you the proceeds by Demand Draft.

Retirement:

The retirement age in the Bank is fixed as 60 years. You will accordingly stand relieved from the services of the Bank on the
last day of the month of your attaining this age based on the Age Certificate furnished by you at the time of joining.

Other Terms
Code of Conduct & Ethics:

a. As an employee of the Bank, you will be guided by the Code of Conduct & Ethics and rules and regulations of the Bank
in force and as amended from time to time.

b. If any declaration, statement or information including your qualification, experience and/or any other details, as given
by you at any time, is found to be false or untrue, if any material information is suppressed or if it comes to the notice of the
Bank that you had been, prior to joining the Bank's services, convicted of any act involving moral turpitude and/or criminal
in nature, your services will be liable to be terminated forthwith without any notice or compensation in lieu thereof at any
time during or even after completion of the probation period. However, this does not preclude the Bank from initiating such
disciplinary measures, as the Bank shall deem fit and any penalty may be imposed upon you in terms of the Staff Rules of
the Bank in force.

The Bank reserves the right to vary the terms and conditions of service governing your appointment as contained in this lette r
including your duties and responsibilities at any time.

Whole-time / Alternative Employment:

Your position is a whole time employment with the Bank and you shall not take any other work for remuneration (part-time or
otherwise) or work in advisory capacity or be interested directly or indirectly except as shareholder or debenture holder in
other trade or business during the employment with the Bank. You shall not be involved directly or indirectly with any business
/ trade / occupation / service / calling or perform any part-time or other work for remuneration or otherwise without
obtaining prior written permission from Axis Bank.

During the employment in the services of the Bank, you shall not hold any other position in any organization nor shall you get
employed directly or indirectly in any manner whatsoever nor shall act as an advisor to any organization, the exception
being social organizations like clubs, NGOs etc. having no political affiliation. However the Bank reserves the right to d irect
you to step down if, in the opinion of the Bank, such engagement interferes with your duties.
 :: 5 ::
4.7 Fidelity & Secrecy:

You shall not at any time during your employment and/or after the termination of your employment in any manner
whatsoever divulge any confidential information relating to the Bank, any of its constituents or its employees without the
prior written consent from the Management. In such an event, the Bank reserves the right to proceed against you.

Notwithstanding anything contained in the above paragraphs, your services may be terminated by the Bank if you are found to
be indulging in the acts of Commission / Omission which may be prejudicial to the interests of the Bank or any act of dishonesty,
disobedience, insubordination or any other misconduct or neglect of duty or incompetence in the discharge of duty on your part.

The terms and conditions set out in this letter of appointment inter alia constitute service conditions applicable to your
employment in the Bank. Any dispute arising thereof are subject to Mumbai jurisdiction only and the Mumbai Courts will have
exclusive jurisdiction.

The above terms and conditions are to be read in conjunction with the Staff Rules accessible through the Bank's intranet. These
shall be made available to you, post joining.

Kindly note that you are required to convey your acceptance within 15 days from the date of this letter. You are requested to sign
the copy of this letter as a token of acceptance of the above terms and return it to us immediately. This Letter of Appointme nt will
be valid only for fifteen days from the date of this letter.

For any further information / clarifications please feel free to contact:-

Plaban Patnaik

Plaban.Patnaik@axisbank.com

We at Axis Bank wish you success and look forward to your having a long and rewarding career with us!

Yours faithfully,

Human Resources
27 April 2015

Dear Katumala Avinash,

LETTER OF APPOINTMENT

We are delighted to welcome you to Axis Bank for an exciting career of learning, development and value driven performance
linked growth. Subsequent to the selection process, we take pleasure in offering you the position of Business Development
Executive under the control of Circle Head, Raipur Circle. The said appointment shall be governed by the under mentioned terms
and conditions apart from other Service Rules and conditions that are applicable or may become applicable from time to time.

1. Remuneration & Benefits

1.1 Remuneration:
Basic Salary Rs. 6,510.00p.m.
Basket of Allowance Rs. 5,000.00p.m.
Provident Fund Rs. 781.00p.m.
Gratuity Rs. 313.00p.m.
Fixed Cash + Retirals Rs. 12,604.00p.m.
Location Pay Rs. 0.00p.m.
Statutory Bonus * Rs. 1,400.00p.m.
Total Fixed Cash + Retirals Rs. 14,004.00p.m.

Upon your transfer/ deputation to any other location, the Remuneration as mentioned above is subject to change basis
the place of posting.

Retirals:
Contributory Provident Fund:

You will be covered under the Provident Fund Trust. You will be required to contribute to the Provident Fund of the Bank in
accordance with the regulations in force. At present this is 12% of the basic salary. In addition, the Bank will contribute 12%
of your basic salary to this fund.

Voluntary Provident Fund (VPF):

The Bank also has a voluntary provident fund scheme wherein you will be allowed to opt for a percentage of your Basic
Pay, up to a maximum of 23% as Voluntary Contribution to Provident Fund (VPF). The window for opting for VPF will be
open on the Bank’s HRMS for two months from your date of joining. Employees opting for VPF will be allowed to discontinue
their contribution during the year, but they will not be permitted to re-start the contribution during the year.
The contribution under this scheme will be in addition to the statutory Provident Fund contribution of 12% deducted from
salary, and there will be no matching contribution from the Bank towards VPF.

Gratuity:
You will be paid gratuity as per the provisions of The Payment of Gratuity Act i.e. after rendering five years of continuous
service in the Bank. As per the extant rules, the gratuity amount will be calculated @ 15 days on last drawn basic salary for
each completed year of service, subject to a maximum amount of 10 lacs.

Other Benefits:
Loan concession:
You will be entitled to staff loans at concessional rates of interest after your confirmation in the Bank as per details provided
in the CTC Annexure. In this connection, at the time of your joining, the Bank may, at its discretion, take over certain staf f
loans with your existing employers. Post confirmation of your service in Axis Bank, outstanding specific loans may be taken
over at the Bank’s discretion and subject to eligibility criteria laid down.
 :: 2 ::

Group Mediclaim (Floater) Policy:

Upon Confirmation or 6 months of service whichever is earlier, subject to completion of all formalities in connection with
your appointment and fulfillment of the requirements of the Insurance Company, you will be covered under the Bank’s
Group Mediclaim (Floater) Policy in respect of yourself and a maximum of 3 of your dependents ( relations comprising of
Parents, Spouse and Children upto 25 years of age). Further, you have an option to bear the premium and add two more
dependents in addition to the above 3 dependents at a non-refundable premium. Upon confirmation or completion of 6
months, this amount shall be recovered upfront from the next monthly salary, on a pro-rata basis. The coverage limit under
the existing policy applicable to your grade is detailed in the CTC Annexure. For more details related to terms of inclusion,
eligibility etc. you may refer to the Bank’s Myconnect Portal upon your joining. The Bank's Mediclaim Policy falls due for
renewal on 1st October every year. The features referred to and the coverage provided as per CTC is valid only upto 30th
September and are subject to amendments upon renewal.

Group Term Life Insurance Policy:

You will be covered under the Bank’s Group Term Life Insurance Policy for a limit as applicable to your grade and is
detailed in the CTC Annexure. The requisite premium for the coverage will be deducted from your first salary. The policy
provides for the payment of the sum insured to the nominee / legal heirs in the event of the death (accidental / natural) of
an employee.

Variable Pay / Incentive Plan:

Annual performance linked variable pay / incentive, as may be applicable, will be paid as per the
Company’s policy, based on your performance and subject to your being a confirmed employee.

Your detailed compensation and benefit structure is given in the enclosed CTC Annexure. The said remuneration and
benefits will be taxable as per prevalent Income Tax Laws.
2. Reimbursement of Notice Period Pay
The Bank at its discretion may reimburse any shortfall in notice period pay to your current employer subject to prior
approval from the Competent Authority. In such case, the following terms and conditions shall apply:-
You will serve the Bank for a minimum period of three years, from the date of your joining the Bank's services, failing which
amount so reimbursed shall be recovered from you along with interest at the
Bank’s Base Rate prevailing on your last working day.

The Notice period pay reimbursement shall be taxable and will be added to your Annual Taxable Income for the relevant
Financial Year. Thus, the reimbursement shall be net of tax of the total amount paid by you to your employer.
For reimbursement of shortfall in notice period pay, you are requested to advise the amount, which you need to pay to your
present employer, to your Recruitment Manager before your resignation with your present employer to enable him / her to
take prior approval from the Competent Authority. Thereafter, upon your joining the Bank, recruitment manager shall advise
you to submit a certificate / letter from your present employer stating the number of days of shortfall in notice period a nd
the amount recovered from you, basis which we shall process your request for reimbursement.

3. Leave Entitlements
The various leave entitlements are detailed in the Leave Annexure

4. Terms of Employment
Conditions precedent /Joining formalities:
Your appointment and subsequent joining is subject to the following:

Your submission of self-declaration of medical fitness in the prescribed format provided on our onboarding portal.
 :: 3 ::
The Bank receiving satisfactory Background Verification report. For this purpose, you will be contacted by an authorized agency
empanelled by the Bank.
The below mentioned documents to be submitted by you at the time of your joining –

a. Joining booklet (duly filled)

b. Self-attested copies of all your degrees and professional qualifications certificates and documentary evidence of
scholarships or prizes won, if any.
c. Proof of date of birth

d. Copy of Pan Card

e. Copy of Address Proof

f. One recent passport size color photograph

g. Copy of acceptance of resignation letter and relieving letter from your previous employer.

Additionally, the Bank reserves the right to seek references from your current / previous employer (s), at any stage,
subsequent to your acceptance of this letter of appointment.

It is brought to your notice that you need to complete your conditions precedent and / or joining formalities within 2 mon ths
from the date of joining, failing which your salary after 2nd month shall not be released till the completion of joining
formalities and the said salary shall be kept in the Bank’s Sundry Account.
Probation Period:

You will be on probation for a period of 6 (six) months from the date of your joining. This period may be extended upto a
maximum of 6 months in two tranches of 3 months each, if further assessment and observations are considered necessary
on the sole discretion of the Management. Thereafter, on failure to be confirmed in the service of the Bank, your
employment shall be terminated on account of non-confirmation of service.

On satisfactory completion of probation / extended probation period you will be confirmed in the services of the Bank.

Your probation can be extended not only by virtue of your non satisfactory performance but also by virtue of your non
completion of the formalities, which have to be fulfilled by you.

Notwithstanding what is stated above, the bank reserves the right to confirm you in the services of the bank even during th e
extended period, provided, the extension of probation was solely due to non-completion of the joining formalities and such
formalities are completed within the said period.

Transfer:

Your services are liable to be transferred to any of the offices of the Bank within India and / or abroad at the sole discretion of the
Bank and the Bank reserve the right to depute / transfer you at any time during your service in the Bank, to any of its
subsidiaries or associates without any prior consent from you.

Notwithstanding the role assigned to you in terms of this letter, the Bank reserves the right to assign you any other role/function
commensurate with your grade as may be deemed appropriate, depending on administrative exigencies and
requirements.

Your services can be requisitioned by the Bank at any time outside the business / working hours.

Resignation / Termination / Retirement:

Separation during probation:

a. On account of Resignation : During the period of probation, you may resign from the Bank’s service, subject to
acceptance of your resignation by the Competent Authority, for which you will be required to mandatorily serve a notice
period of 30 days. You will not be permitted to adjust any accumulated leave at your credit including accruals against the
notice period. However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such
an event, the basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus
privilege leave (if available), will be recovered from employee.

b. On account of Termination: During the probation period, this contract of employment is terminable by the Bank by way
of giving notice of 15 days’ or on payment of salary in lieu thereof without assigning any reasons therefor.
 :: 4 ::
Separation after Confirmation:

a. On account of Resignation: After confirmation, you may resign from the Bank's service, subject to acceptance of your
resignation by the Competent Authority, for which you will be required to mandatorily serve a notice period of 90 days. You
will not be permitted to adjust any accumulated leave at your credit including accruals against the notice period.
However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such an event, the
basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus privilege leav e (if
available), will be recovered from employee.

b. On account of Termination: Notwithstanding what is provided in the Staff Rules and the above paragraphs, your
services, after confirmation, may be terminated by the Bank by giving 30 days’ notice or payment of 30 days’ salary in lieu
thereof without assigning any reasons therefor.

Separation arrangement:
a. Written resignation should be submitted to your immediate supervisor, and also initiated on HRMS.
Upon receipt of your resignation, the acceptance of the same shall be at Bank’s discretion.

b. Upon acceptance of your resignation and before your proposed relieving date, you will have to return all Bank’s
property / assets entrusted to you and in your possession, to the Bank. Before you are relieved, all correspondence,
specifications, formulae, books, documents, cost data, market data, literature, drawings, effects etc. should be return ed
and you shall not make or retain any copies of these items.

c. On separation, you will have to submit your claim for settlement of Provident Fund in the prescribed form. If no claim is
received within 6 months of separation, the Bank will close your Provident Fund account and credit proceeds to your SB
account with us or send you the proceeds by Demand Draft.

Retirement:

The retirement age in the Bank is fixed as 60 years. You will accordingly stand relieved from the services of the Bank on the
last day of the month of your attaining this age based on the Age Certificate furnished by you at the time of joining.

Other Terms
Code of Conduct & Ethics:

a. As an employee of the Bank, you will be guided by the Code of Conduct & Ethics and rules and regulations of the Bank
in force and as amended from time to time.

b. If any declaration, statement or information including your qualification, experience and/or any other details, as given
by you at any time, is found to be false or untrue, if any material information is suppressed or if it comes to the notice of the
Bank that you had been, prior to joining the Bank's services, convicted of any act involving moral turpitude and/or criminal
in nature, your services will be liable to be terminated forthwith without any notice or compensation in lieu thereof at any
time during or even after completion of the probation period. However, this does not preclude the Bank from initiating such
disciplinary measures, as the Bank shall deem fit and any penalty may be imposed upon you in terms of the Staff Rules of
the Bank in force.

The Bank reserves the right to vary the terms and conditions of service governing your appointment as contained in this lette r
including your duties and responsibilities at any time.

Whole-time / Alternative Employment:

Your position is a whole time employment with the Bank and you shall not take any other work for remuneration (part-time or
otherwise) or work in advisory capacity or be interested directly or indirectly except as shareholder or debenture holder in
other trade or business during the employment with the Bank. You shall not be involved directly or indirectly with any business
/ trade / occupation / service / calling or perform any part-time or other work for remuneration or otherwise without
obtaining prior written permission from Axis Bank.

During the employment in the services of the Bank, you shall not hold any other position in any organization nor shall you get
employed directly or indirectly in any manner whatsoever nor shall act as an advisor to any organization, the exception
being social organizations like clubs, NGOs etc. having no political affiliation. However the Bank reserves the right to d irect
you to step down if, in the opinion of the Bank, such engagement interferes with your duties.
 :: 5 ::
4.7 Fidelity & Secrecy:

You shall not at any time during your employment and/or after the termination of your employment in any manner
whatsoever divulge any confidential information relating to the Bank, any of its constituents or its employees without the
prior written consent from the Management. In such an event, the Bank reserves the right to proceed against you.

Notwithstanding anything contained in the above paragraphs, your services may be terminated by the Bank if you are found to
be indulging in the acts of Commission / Omission which may be prejudicial to the interests of the Bank or any act of dishonesty,
disobedience, insubordination or any other misconduct or neglect of duty or incompetence in the discharge of duty on your part.

The terms and conditions set out in this letter of appointment inter alia constitute service conditions applicable to your
employment in the Bank. Any dispute arising thereof are subject to Mumbai jurisdiction only and the Mumbai Courts will have
exclusive jurisdiction.

The above terms and conditions are to be read in conjunction with the Staff Rules accessible through the Bank's intranet. These
shall be made available to you, post joining.

Kindly note that you are required to convey your acceptance within 15 days from the date of this letter. You are requested to sign
the copy of this letter as a token of acceptance of the above terms and return it to us immediately. This Letter of Appointme nt will
be valid only for fifteen days from the date of this letter.

For any further information / clarifications please feel free to contact:-

Plaban Patnaik

Plaban.Patnaik@axisbank.com

We at Axis Bank wish you success and look forward to your having a long and rewarding career with us!

Yours faithfully,

Human Resources
27 April 2015

Dear Mudalkar Praveen,

LETTER OF APPOINTMENT

We are delighted to welcome you to Axis Bank for an exciting career of learning, development and value driven performance
linked growth. Subsequent to the selection process, we take pleasure in offering you the position of Business Development
Executive under the control of Circle Head, Raipur Circle. The said appointment shall be governed by the under mentioned terms
and conditions apart from other Service Rules and conditions that are applicable or may become applicable from time to time.

1. Remuneration & Benefits

1.1 Remuneration:
Basic Salary Rs. 6,510.00p.m.
Basket of Allowance Rs. 5,000.00p.m.
Provident Fund Rs. 781.00p.m.
Gratuity Rs. 313.00p.m.
Fixed Cash + Retirals Rs. 12,604.00p.m.
Location Pay Rs. 0.00p.m.
Statutory Bonus * Rs. 1,400.00p.m.
Total Fixed Cash + Retirals Rs. 14,004.00p.m.

Upon your transfer/ deputation to any other location, the Remuneration as mentioned above is subject to change basis
the place of posting.

Retirals:
Contributory Provident Fund:

You will be covered under the Provident Fund Trust. You will be required to contribute to the Provident Fund of the Bank in
accordance with the regulations in force. At present this is 12% of the basic salary. In addition, the Bank will contribute 12%
of your basic salary to this fund.

Voluntary Provident Fund (VPF):

The Bank also has a voluntary provident fund scheme wherein you will be allowed to opt for a percentage of your Basic
Pay, up to a maximum of 23% as Voluntary Contribution to Provident Fund (VPF). The window for opting for VPF will be
open on the Bank’s HRMS for two months from your date of joining. Employees opting for VPF will be allowed to discontinue
their contribution during the year, but they will not be permitted to re-start the contribution during the year.
The contribution under this scheme will be in addition to the statutory Provident Fund contribution of 12% deducted from
salary, and there will be no matching contribution from the Bank towards VPF.

Gratuity:
You will be paid gratuity as per the provisions of The Payment of Gratuity Act i.e. after rendering five years of continuous
service in the Bank. As per the extant rules, the gratuity amount will be calculated @ 15 days on last drawn basic salary for
each completed year of service, subject to a maximum amount of 10 lacs.

Other Benefits:
Loan concession:
You will be entitled to staff loans at concessional rates of interest after your confirmation in the Bank as per details provided
in the CTC Annexure. In this connection, at the time of your joining, the Bank may, at its discretion, take over certain staf f
loans with your existing employers. Post confirmation of your service in Axis Bank, outstanding specific loans may be taken
over at the Bank’s discretion and subject to eligibility criteria laid down.
 :: 2 ::

Group Mediclaim (Floater) Policy:

Upon Confirmation or 6 months of service whichever is earlier, subject to completion of all formalities in connection with
your appointment and fulfillment of the requirements of the Insurance Company, you will be covered under the Bank’s
Group Mediclaim (Floater) Policy in respect of yourself and a maximum of 3 of your dependents ( relations comprising of
Parents, Spouse and Children upto 25 years of age). Further, you have an option to bear the premium and add two more
dependents in addition to the above 3 dependents at a non-refundable premium. Upon confirmation or completion of 6
months, this amount shall be recovered upfront from the next monthly salary, on a pro-rata basis. The coverage limit under
the existing policy applicable to your grade is detailed in the CTC Annexure. For more details related to terms of inclusion,
eligibility etc. you may refer to the Bank’s Myconnect Portal upon your joining. The Bank's Mediclaim Policy falls due for
renewal on 1st October every year. The features referred to and the coverage provided as per CTC is valid only upto 30th
September and are subject to amendments upon renewal.

Group Term Life Insurance Policy:

You will be covered under the Bank’s Group Term Life Insurance Policy for a limit as applicable to your grade and is
detailed in the CTC Annexure. The requisite premium for the coverage will be deducted from your first salary. The policy
provides for the payment of the sum insured to the nominee / legal heirs in the event of the death (accidental / natural) of
an employee.

Variable Pay / Incentive Plan:

Annual performance linked variable pay / incentive, as may be applicable, will be paid as per the
Company’s policy, based on your performance and subject to your being a confirmed employee.

Your detailed compensation and benefit structure is given in the enclosed CTC Annexure. The said remuneration and
benefits will be taxable as per prevalent Income Tax Laws.
2. Reimbursement of Notice Period Pay
The Bank at its discretion may reimburse any shortfall in notice period pay to your current employer subject to prior
approval from the Competent Authority. In such case, the following terms and conditions shall apply:-
You will serve the Bank for a minimum period of three years, from the date of your joining the Bank's services, failing which
amount so reimbursed shall be recovered from you along with interest at the
Bank’s Base Rate prevailing on your last working day.

The Notice period pay reimbursement shall be taxable and will be added to your Annual Taxable Income for the relevant
Financial Year. Thus, the reimbursement shall be net of tax of the total amount paid by you to your employer.
For reimbursement of shortfall in notice period pay, you are requested to advise the amount, which you need to pay to your
present employer, to your Recruitment Manager before your resignation with your present employer to enable him / her to
take prior approval from the Competent Authority. Thereafter, upon your joining the Bank, recruitment manager shall advise
you to submit a certificate / letter from your present employer stating the number of days of shortfall in notice period a nd
the amount recovered from you, basis which we shall process your request for reimbursement.

3. Leave Entitlements
The various leave entitlements are detailed in the Leave Annexure

4. Terms of Employment
Conditions precedent /Joining formalities:
Your appointment and subsequent joining is subject to the following:

Your submission of self-declaration of medical fitness in the prescribed format provided on our onboarding portal.
 :: 3 ::
The Bank receiving satisfactory Background Verification report. For this purpose, you will be contacted by an authorized agency
empanelled by the Bank.
The below mentioned documents to be submitted by you at the time of your joining –

a. Joining booklet (duly filled)

b. Self-attested copies of all your degrees and professional qualifications certificates and documentary evidence of
scholarships or prizes won, if any.
c. Proof of date of birth

d. Copy of Pan Card

e. Copy of Address Proof

f. One recent passport size color photograph

g. Copy of acceptance of resignation letter and relieving letter from your previous employer.

Additionally, the Bank reserves the right to seek references from your current / previous employer (s), at any stage,
subsequent to your acceptance of this letter of appointment.

It is brought to your notice that you need to complete your conditions precedent and / or joining formalities within 2 mon ths
from the date of joining, failing which your salary after 2nd month shall not be released till the completion of joining
formalities and the said salary shall be kept in the Bank’s Sundry Account.
Probation Period:

You will be on probation for a period of 6 (six) months from the date of your joining. This period may be extended upto a
maximum of 6 months in two tranches of 3 months each, if further assessment and observations are considered necessary
on the sole discretion of the Management. Thereafter, on failure to be confirmed in the service of the Bank, your
employment shall be terminated on account of non-confirmation of service.

On satisfactory completion of probation / extended probation period you will be confirmed in the services of the Bank.

Your probation can be extended not only by virtue of your non satisfactory performance but also by virtue of your non
completion of the formalities, which have to be fulfilled by you.

Notwithstanding what is stated above, the bank reserves the right to confirm you in the services of the bank even during th e
extended period, provided, the extension of probation was solely due to non-completion of the joining formalities and such
formalities are completed within the said period.

Transfer:

Your services are liable to be transferred to any of the offices of the Bank within India and / or abroad at the sole discretion of the
Bank and the Bank reserve the right to depute / transfer you at any time during your service in the Bank, to any of its
subsidiaries or associates without any prior consent from you.

Notwithstanding the role assigned to you in terms of this letter, the Bank reserves the right to assign you any other role/function
commensurate with your grade as may be deemed appropriate, depending on administrative exigencies and
requirements.

Your services can be requisitioned by the Bank at any time outside the business / working hours.

Resignation / Termination / Retirement:

Separation during probation:

a. On account of Resignation : During the period of probation, you may resign from the Bank’s service, subject to
acceptance of your resignation by the Competent Authority, for which you will be required to mandatorily serve a notice
period of 30 days. You will not be permitted to adjust any accumulated leave at your credit including accruals against the
notice period. However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such
an event, the basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus
privilege leave (if available), will be recovered from employee.

b. On account of Termination: During the probation period, this contract of employment is terminable by the Bank by way
of giving notice of 15 days’ or on payment of salary in lieu thereof without assigning any reasons therefor.
 :: 4 ::
Separation after Confirmation:

a. On account of Resignation: After confirmation, you may resign from the Bank's service, subject to acceptance of your
resignation by the Competent Authority, for which you will be required to mandatorily serve a notice period of 90 days. You
will not be permitted to adjust any accumulated leave at your credit including accruals against the notice period.
However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such an event, the
basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus privilege leav e (if
available), will be recovered from employee.

b. On account of Termination: Notwithstanding what is provided in the Staff Rules and the above paragraphs, your
services, after confirmation, may be terminated by the Bank by giving 30 days’ notice or payment of 30 days’ salary in lieu
thereof without assigning any reasons therefor.

Separation arrangement:
a. Written resignation should be submitted to your immediate supervisor, and also initiated on HRMS.
Upon receipt of your resignation, the acceptance of the same shall be at Bank’s discretion.

b. Upon acceptance of your resignation and before your proposed relieving date, you will have to return all Bank’s
property / assets entrusted to you and in your possession, to the Bank. Before you are relieved, all correspondence,
specifications, formulae, books, documents, cost data, market data, literature, drawings, effects etc. should be return ed
and you shall not make or retain any copies of these items.

c. On separation, you will have to submit your claim for settlement of Provident Fund in the prescribed form. If no claim is
received within 6 months of separation, the Bank will close your Provident Fund account and credit proceeds to your SB
account with us or send you the proceeds by Demand Draft.

Retirement:

The retirement age in the Bank is fixed as 60 years. You will accordingly stand relieved from the services of the Bank on the
last day of the month of your attaining this age based on the Age Certificate furnished by you at the time of joining.

Other Terms
Code of Conduct & Ethics:

a. As an employee of the Bank, you will be guided by the Code of Conduct & Ethics and rules and regulations of the Bank
in force and as amended from time to time.

b. If any declaration, statement or information including your qualification, experience and/or any other details, as given
by you at any time, is found to be false or untrue, if any material information is suppressed or if it comes to the notice of the
Bank that you had been, prior to joining the Bank's services, convicted of any act involving moral turpitude and/or criminal
in nature, your services will be liable to be terminated forthwith without any notice or compensation in lieu thereof at any
time during or even after completion of the probation period. However, this does not preclude the Bank from initiating such
disciplinary measures, as the Bank shall deem fit and any penalty may be imposed upon you in terms of the Staff Rules of
the Bank in force.

The Bank reserves the right to vary the terms and conditions of service governing your appointment as contained in this lette r
including your duties and responsibilities at any time.

Whole-time / Alternative Employment:

Your position is a whole time employment with the Bank and you shall not take any other work for remuneration (part-time or
otherwise) or work in advisory capacity or be interested directly or indirectly except as shareholder or debenture holder in
other trade or business during the employment with the Bank. You shall not be involved directly or indirectly with any business
/ trade / occupation / service / calling or perform any part-time or other work for remuneration or otherwise without
obtaining prior written permission from Axis Bank.

During the employment in the services of the Bank, you shall not hold any other position in any organization nor shall you get
employed directly or indirectly in any manner whatsoever nor shall act as an advisor to any organization, the exception
being social organizations like clubs, NGOs etc. having no political affiliation. However the Bank reserves the right to d irect
you to step down if, in the opinion of the Bank, such engagement interferes with your duties.
 :: 5 ::
4.7 Fidelity & Secrecy:

You shall not at any time during your employment and/or after the termination of your employment in any manner
whatsoever divulge any confidential information relating to the Bank, any of its constituents or its employees without the
prior written consent from the Management. In such an event, the Bank reserves the right to proceed against you.

Notwithstanding anything contained in the above paragraphs, your services may be terminated by the Bank if you are found to
be indulging in the acts of Commission / Omission which may be prejudicial to the interests of the Bank or any act of dishonesty,
disobedience, insubordination or any other misconduct or neglect of duty or incompetence in the discharge of duty on your part.

The terms and conditions set out in this letter of appointment inter alia constitute service conditions applicable to your
employment in the Bank. Any dispute arising thereof are subject to Mumbai jurisdiction only and the Mumbai Courts will have
exclusive jurisdiction.

The above terms and conditions are to be read in conjunction with the Staff Rules accessible through the Bank's intranet. These
shall be made available to you, post joining.

Kindly note that you are required to convey your acceptance within 15 days from the date of this letter. You are requested to sign
the copy of this letter as a token of acceptance of the above terms and return it to us immediately. This Letter of Appointme nt will
be valid only for fifteen days from the date of this letter.

For any further information / clarifications please feel free to contact:-

Plaban Patnaik

Plaban.Patnaik@axisbank.com

We at Axis Bank wish you success and look forward to your having a long and rewarding career with us!

Yours faithfully,

Human Resources
27 April 2015

Dear Narasampally Madhavi,

LETTER OF APPOINTMENT

We are delighted to welcome you to Axis Bank for an exciting career of learning, development and value driven performance
linked growth. Subsequent to the selection process, we take pleasure in offering you the position of Business Development
Executive under the control of Circle Head, Raipur Circle. The said appointment shall be governed by the under mentioned terms
and conditions apart from other Service Rules and conditions that are applicable or may become applicable from time to time.

1. Remuneration & Benefits

1.1 Remuneration:
Basic Salary Rs. 6,510.00p.m.
Basket of Allowance Rs. 5,000.00p.m.
Provident Fund Rs. 781.00p.m.
Gratuity Rs. 313.00p.m.
Fixed Cash + Retirals Rs. 12,604.00p.m.
Location Pay Rs. 0.00p.m.
Statutory Bonus * Rs. 1,400.00p.m.
Total Fixed Cash + Retirals Rs. 14,004.00p.m.

Upon your transfer/ deputation to any other location, the Remuneration as mentioned above is subject to change basis
the place of posting.

Retirals:
Contributory Provident Fund:

You will be covered under the Provident Fund Trust. You will be required to contribute to the Provident Fund of the Bank in
accordance with the regulations in force. At present this is 12% of the basic salary. In addition, the Bank will contribute 12%
of your basic salary to this fund.

Voluntary Provident Fund (VPF):

The Bank also has a voluntary provident fund scheme wherein you will be allowed to opt for a percentage of your Basic
Pay, up to a maximum of 23% as Voluntary Contribution to Provident Fund (VPF). The window for opting for VPF will be
open on the Bank’s HRMS for two months from your date of joining. Employees opting for VPF will be allowed to discontinue
their contribution during the year, but they will not be permitted to re-start the contribution during the year.
The contribution under this scheme will be in addition to the statutory Provident Fund contribution of 12% deducted from
salary, and there will be no matching contribution from the Bank towards VPF.

Gratuity:
You will be paid gratuity as per the provisions of The Payment of Gratuity Act i.e. after rendering five years of continuous
service in the Bank. As per the extant rules, the gratuity amount will be calculated @ 15 days on last drawn basic salary for
each completed year of service, subject to a maximum amount of 10 lacs.

Other Benefits:
Loan concession:
You will be entitled to staff loans at concessional rates of interest after your confirmation in the Bank as per details provided
in the CTC Annexure. In this connection, at the time of your joining, the Bank may, at its discretion, take over certain staf f
loans with your existing employers. Post confirmation of your service in Axis Bank, outstanding specific loans may be taken
over at the Bank’s discretion and subject to eligibility criteria laid down.
 :: 2 ::

Group Mediclaim (Floater) Policy:

Upon Confirmation or 6 months of service whichever is earlier, subject to completion of all formalities in connection with
your appointment and fulfillment of the requirements of the Insurance Company, you will be covered under the Bank’s
Group Mediclaim (Floater) Policy in respect of yourself and a maximum of 3 of your dependents ( relations comprising of
Parents, Spouse and Children upto 25 years of age). Further, you have an option to bear the premium and add two more
dependents in addition to the above 3 dependents at a non-refundable premium. Upon confirmation or completion of 6
months, this amount shall be recovered upfront from the next monthly salary, on a pro-rata basis. The coverage limit under
the existing policy applicable to your grade is detailed in the CTC Annexure. For more details related to terms of inclusion,
eligibility etc. you may refer to the Bank’s Myconnect Portal upon your joining. The Bank's Mediclaim Policy falls due for
renewal on 1st October every year. The features referred to and the coverage provided as per CTC is valid only upto 30th
September and are subject to amendments upon renewal.

Group Term Life Insurance Policy:

You will be covered under the Bank’s Group Term Life Insurance Policy for a limit as applicable to your grade and is
detailed in the CTC Annexure. The requisite premium for the coverage will be deducted from your first salary. The policy
provides for the payment of the sum insured to the nominee / legal heirs in the event of the death (accidental / natural) of
an employee.

Variable Pay / Incentive Plan:

Annual performance linked variable pay / incentive, as may be applicable, will be paid as per the
Company’s policy, based on your performance and subject to your being a confirmed employee.

Your detailed compensation and benefit structure is given in the enclosed CTC Annexure. The said remuneration and
benefits will be taxable as per prevalent Income Tax Laws.
2. Reimbursement of Notice Period Pay
The Bank at its discretion may reimburse any shortfall in notice period pay to your current employer subject to prior
approval from the Competent Authority. In such case, the following terms and conditions shall apply:-
You will serve the Bank for a minimum period of three years, from the date of your joining the Bank's services, failing which
amount so reimbursed shall be recovered from you along with interest at the
Bank’s Base Rate prevailing on your last working day.

The Notice period pay reimbursement shall be taxable and will be added to your Annual Taxable Income for the relevant
Financial Year. Thus, the reimbursement shall be net of tax of the total amount paid by you to your employer.
For reimbursement of shortfall in notice period pay, you are requested to advise the amount, which you need to pay to your
present employer, to your Recruitment Manager before your resignation with your present employer to enable him / her to
take prior approval from the Competent Authority. Thereafter, upon your joining the Bank, recruitment manager shall advise
you to submit a certificate / letter from your present employer stating the number of days of shortfall in notice period a nd
the amount recovered from you, basis which we shall process your request for reimbursement.

3. Leave Entitlements
The various leave entitlements are detailed in the Leave Annexure

4. Terms of Employment
Conditions precedent /Joining formalities:
Your appointment and subsequent joining is subject to the following:

Your submission of self-declaration of medical fitness in the prescribed format provided on our onboarding portal.
 :: 3 ::
The Bank receiving satisfactory Background Verification report. For this purpose, you will be contacted by an authorized agency
empanelled by the Bank.
The below mentioned documents to be submitted by you at the time of your joining –

a. Joining booklet (duly filled)

b. Self-attested copies of all your degrees and professional qualifications certificates and documentary evidence of
scholarships or prizes won, if any.
c. Proof of date of birth

d. Copy of Pan Card

e. Copy of Address Proof

f. One recent passport size color photograph

g. Copy of acceptance of resignation letter and relieving letter from your previous employer.

Additionally, the Bank reserves the right to seek references from your current / previous employer (s), at any stage,
subsequent to your acceptance of this letter of appointment.

It is brought to your notice that you need to complete your conditions precedent and / or joining formalities within 2 mon ths
from the date of joining, failing which your salary after 2nd month shall not be released till the completion of joining
formalities and the said salary shall be kept in the Bank’s Sundry Account.
Probation Period:

You will be on probation for a period of 6 (six) months from the date of your joining. This period may be extended upto a
maximum of 6 months in two tranches of 3 months each, if further assessment and observations are considered necessary
on the sole discretion of the Management. Thereafter, on failure to be confirmed in the service of the Bank, your
employment shall be terminated on account of non-confirmation of service.

On satisfactory completion of probation / extended probation period you will be confirmed in the services of the Bank.

Your probation can be extended not only by virtue of your non satisfactory performance but also by virtue of your non
completion of the formalities, which have to be fulfilled by you.

Notwithstanding what is stated above, the bank reserves the right to confirm you in the services of the bank even during th e
extended period, provided, the extension of probation was solely due to non-completion of the joining formalities and such
formalities are completed within the said period.

Transfer:

Your services are liable to be transferred to any of the offices of the Bank within India and / or abroad at the sole discretion of the
Bank and the Bank reserve the right to depute / transfer you at any time during your service in the Bank, to any of its
subsidiaries or associates without any prior consent from you.

Notwithstanding the role assigned to you in terms of this letter, the Bank reserves the right to assign you any other role/function
commensurate with your grade as may be deemed appropriate, depending on administrative exigencies and
requirements.

Your services can be requisitioned by the Bank at any time outside the business / working hours.

Resignation / Termination / Retirement:

Separation during probation:

a. On account of Resignation : During the period of probation, you may resign from the Bank’s service, subject to
acceptance of your resignation by the Competent Authority, for which you will be required to mandatorily serve a notice
period of 30 days. You will not be permitted to adjust any accumulated leave at your credit including accruals against the
notice period. However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such
an event, the basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus
privilege leave (if available), will be recovered from employee.

b. On account of Termination: During the probation period, this contract of employment is terminable by the Bank by way
of giving notice of 15 days’ or on payment of salary in lieu thereof without assigning any reasons therefor.
 :: 4 ::
Separation after Confirmation:

a. On account of Resignation: After confirmation, you may resign from the Bank's service, subject to acceptance of your
resignation by the Competent Authority, for which you will be required to mandatorily serve a notice period of 90 days. You
will not be permitted to adjust any accumulated leave at your credit including accruals against the notice period.
However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such an event, the
basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus privilege leav e (if
available), will be recovered from employee.

b. On account of Termination: Notwithstanding what is provided in the Staff Rules and the above paragraphs, your
services, after confirmation, may be terminated by the Bank by giving 30 days’ notice or payment of 30 days’ salary in lieu
thereof without assigning any reasons therefor.

Separation arrangement:
a. Written resignation should be submitted to your immediate supervisor, and also initiated on HRMS.
Upon receipt of your resignation, the acceptance of the same shall be at Bank’s discretion.

b. Upon acceptance of your resignation and before your proposed relieving date, you will have to return all Bank’s
property / assets entrusted to you and in your possession, to the Bank. Before you are relieved, all correspondence,
specifications, formulae, books, documents, cost data, market data, literature, drawings, effects etc. should be return ed
and you shall not make or retain any copies of these items.

c. On separation, you will have to submit your claim for settlement of Provident Fund in the prescribed form. If no claim is
received within 6 months of separation, the Bank will close your Provident Fund account and credit proceeds to your SB
account with us or send you the proceeds by Demand Draft.

Retirement:

The retirement age in the Bank is fixed as 60 years. You will accordingly stand relieved from the services of the Bank on the
last day of the month of your attaining this age based on the Age Certificate furnished by you at the time of joining.

Other Terms
Code of Conduct & Ethics:

a. As an employee of the Bank, you will be guided by the Code of Conduct & Ethics and rules and regulations of the Bank
in force and as amended from time to time.

b. If any declaration, statement or information including your qualification, experience and/or any other details, as given
by you at any time, is found to be false or untrue, if any material information is suppressed or if it comes to the notice of the
Bank that you had been, prior to joining the Bank's services, convicted of any act involving moral turpitude and/or criminal
in nature, your services will be liable to be terminated forthwith without any notice or compensation in lieu thereof at any
time during or even after completion of the probation period. However, this does not preclude the Bank from initiating such
disciplinary measures, as the Bank shall deem fit and any penalty may be imposed upon you in terms of the Staff Rules of
the Bank in force.

The Bank reserves the right to vary the terms and conditions of service governing your appointment as contained in this lette r
including your duties and responsibilities at any time.

Whole-time / Alternative Employment:

Your position is a whole time employment with the Bank and you shall not take any other work for remuneration (part-time or
otherwise) or work in advisory capacity or be interested directly or indirectly except as shareholder or debenture holder in
other trade or business during the employment with the Bank. You shall not be involved directly or indirectly with any business
/ trade / occupation / service / calling or perform any part-time or other work for remuneration or otherwise without
obtaining prior written permission from Axis Bank.

During the employment in the services of the Bank, you shall not hold any other position in any organization nor shall you get
employed directly or indirectly in any manner whatsoever nor shall act as an advisor to any organization, the exception
being social organizations like clubs, NGOs etc. having no political affiliation. However the Bank reserves the right to d irect
you to step down if, in the opinion of the Bank, such engagement interferes with your duties.
 :: 5 ::
4.7 Fidelity & Secrecy:

You shall not at any time during your employment and/or after the termination of your employment in any manner
whatsoever divulge any confidential information relating to the Bank, any of its constituents or its employees without the
prior written consent from the Management. In such an event, the Bank reserves the right to proceed against you.

Notwithstanding anything contained in the above paragraphs, your services may be terminated by the Bank if you are found to
be indulging in the acts of Commission / Omission which may be prejudicial to the interests of the Bank or any act of dishonesty,
disobedience, insubordination or any other misconduct or neglect of duty or incompetence in the discharge of duty on your part.

The terms and conditions set out in this letter of appointment inter alia constitute service conditions applicable to your
employment in the Bank. Any dispute arising thereof are subject to Mumbai jurisdiction only and the Mumbai Courts will have
exclusive jurisdiction.

The above terms and conditions are to be read in conjunction with the Staff Rules accessible through the Bank's intranet. These
shall be made available to you, post joining.

Kindly note that you are required to convey your acceptance within 15 days from the date of this letter. You are requested to sign
the copy of this letter as a token of acceptance of the above terms and return it to us immediately. This Letter of Appointme nt will
be valid only for fifteen days from the date of this letter.

For any further information / clarifications please feel free to contact:-

Plaban Patnaik

Plaban.Patnaik@axisbank.com

We at Axis Bank wish you success and look forward to your having a long and rewarding career with us!

Yours faithfully,

Human Resources
27 April 2015

Dear Paluru Naga Yamuna,

LETTER OF APPOINTMENT

We are delighted to welcome you to Axis Bank for an exciting career of learning, development and value driven performance
linked growth. Subsequent to the selection process, we take pleasure in offering you the position of Business Development
Executive under the control of Circle Head, Raipur Circle. The said appointment shall be governed by the under mentioned terms
and conditions apart from other Service Rules and conditions that are applicable or may become applicable from time to time.

1. Remuneration & Benefits

1.1 Remuneration:
Basic Salary Rs. 6,510.00p.m.
Basket of Allowance Rs. 5,000.00p.m.
Provident Fund Rs. 781.00p.m.
Gratuity Rs. 313.00p.m.
Fixed Cash + Retirals Rs. 12,604.00p.m.
Location Pay Rs. 0.00p.m.
Statutory Bonus * Rs. 1,400.00p.m.
Total Fixed Cash + Retirals Rs. 14,004.00p.m.

Upon your transfer/ deputation to any other location, the Remuneration as mentioned above is subject to change basis
the place of posting.

Retirals:
Contributory Provident Fund:

You will be covered under the Provident Fund Trust. You will be required to contribute to the Provident Fund of the Bank in
accordance with the regulations in force. At present this is 12% of the basic salary. In addition, the Bank will contribute 12%
of your basic salary to this fund.

Voluntary Provident Fund (VPF):

The Bank also has a voluntary provident fund scheme wherein you will be allowed to opt for a percentage of your Basic
Pay, up to a maximum of 23% as Voluntary Contribution to Provident Fund (VPF). The window for opting for VPF will be
open on the Bank’s HRMS for two months from your date of joining. Employees opting for VPF will be allowed to discontinue
their contribution during the year, but they will not be permitted to re-start the contribution during the year.
The contribution under this scheme will be in addition to the statutory Provident Fund contribution of 12% deducted from
salary, and there will be no matching contribution from the Bank towards VPF.

Gratuity:
You will be paid gratuity as per the provisions of The Payment of Gratuity Act i.e. after rendering five years of continuous
service in the Bank. As per the extant rules, the gratuity amount will be calculated @ 15 days on last drawn basic salary for
each completed year of service, subject to a maximum amount of 10 lacs.

Other Benefits:
Loan concession:
You will be entitled to staff loans at concessional rates of interest after your confirmation in the Bank as per details provided
in the CTC Annexure. In this connection, at the time of your joining, the Bank may, at its discretion, take over certain staf f
loans with your existing employers. Post confirmation of your service in Axis Bank, outstanding specific loans may be taken
over at the Bank’s discretion and subject to eligibility criteria laid down.
 :: 2 ::

Group Mediclaim (Floater) Policy:

Upon Confirmation or 6 months of service whichever is earlier, subject to completion of all formalities in connection with
your appointment and fulfillment of the requirements of the Insurance Company, you will be covered under the Bank’s
Group Mediclaim (Floater) Policy in respect of yourself and a maximum of 3 of your dependents ( relations comprising of
Parents, Spouse and Children upto 25 years of age). Further, you have an option to bear the premium and add two more
dependents in addition to the above 3 dependents at a non-refundable premium. Upon confirmation or completion of 6
months, this amount shall be recovered upfront from the next monthly salary, on a pro-rata basis. The coverage limit under
the existing policy applicable to your grade is detailed in the CTC Annexure. For more details related to terms of inclusion,
eligibility etc. you may refer to the Bank’s Myconnect Portal upon your joining. The Bank's Mediclaim Policy falls due for
renewal on 1st October every year. The features referred to and the coverage provided as per CTC is valid only upto 30th
September and are subject to amendments upon renewal.

Group Term Life Insurance Policy:

You will be covered under the Bank’s Group Term Life Insurance Policy for a limit as applicable to your grade and is
detailed in the CTC Annexure. The requisite premium for the coverage will be deducted from your first salary. The policy
provides for the payment of the sum insured to the nominee / legal heirs in the event of the death (accidental / natural) of
an employee.

Variable Pay / Incentive Plan:

Annual performance linked variable pay / incentive, as may be applicable, will be paid as per the
Company’s policy, based on your performance and subject to your being a confirmed employee.

Your detailed compensation and benefit structure is given in the enclosed CTC Annexure. The said remuneration and
benefits will be taxable as per prevalent Income Tax Laws.
2. Reimbursement of Notice Period Pay
The Bank at its discretion may reimburse any shortfall in notice period pay to your current employer subject to prior
approval from the Competent Authority. In such case, the following terms and conditions shall apply:-
You will serve the Bank for a minimum period of three years, from the date of your joining the Bank's services, failing which
amount so reimbursed shall be recovered from you along with interest at the
Bank’s Base Rate prevailing on your last working day.

The Notice period pay reimbursement shall be taxable and will be added to your Annual Taxable Income for the relevant
Financial Year. Thus, the reimbursement shall be net of tax of the total amount paid by you to your employer.
For reimbursement of shortfall in notice period pay, you are requested to advise the amount, which you need to pay to your
present employer, to your Recruitment Manager before your resignation with your present employer to enable him / her to
take prior approval from the Competent Authority. Thereafter, upon your joining the Bank, recruitment manager shall advise
you to submit a certificate / letter from your present employer stating the number of days of shortfall in notice period a nd
the amount recovered from you, basis which we shall process your request for reimbursement.

3. Leave Entitlements
The various leave entitlements are detailed in the Leave Annexure

4. Terms of Employment
Conditions precedent /Joining formalities:
Your appointment and subsequent joining is subject to the following:

Your submission of self-declaration of medical fitness in the prescribed format provided on our onboarding portal.
 :: 3 ::
The Bank receiving satisfactory Background Verification report. For this purpose, you will be contacted by an authorized agency
empanelled by the Bank.
The below mentioned documents to be submitted by you at the time of your joining –

a. Joining booklet (duly filled)

b. Self-attested copies of all your degrees and professional qualifications certificates and documentary evidence of
scholarships or prizes won, if any.
c. Proof of date of birth

d. Copy of Pan Card

e. Copy of Address Proof

f. One recent passport size color photograph

g. Copy of acceptance of resignation letter and relieving letter from your previous employer.

Additionally, the Bank reserves the right to seek references from your current / previous employer (s), at any stage,
subsequent to your acceptance of this letter of appointment.

It is brought to your notice that you need to complete your conditions precedent and / or joining formalities within 2 mon ths
from the date of joining, failing which your salary after 2nd month shall not be released till the completion of joining
formalities and the said salary shall be kept in the Bank’s Sundry Account.
Probation Period:

You will be on probation for a period of 6 (six) months from the date of your joining. This period may be extended upto a
maximum of 6 months in two tranches of 3 months each, if further assessment and observations are considered necessary
on the sole discretion of the Management. Thereafter, on failure to be confirmed in the service of the Bank, your
employment shall be terminated on account of non-confirmation of service.

On satisfactory completion of probation / extended probation period you will be confirmed in the services of the Bank.

Your probation can be extended not only by virtue of your non satisfactory performance but also by virtue of your non
completion of the formalities, which have to be fulfilled by you.

Notwithstanding what is stated above, the bank reserves the right to confirm you in the services of the bank even during th e
extended period, provided, the extension of probation was solely due to non-completion of the joining formalities and such
formalities are completed within the said period.

Transfer:

Your services are liable to be transferred to any of the offices of the Bank within India and / or abroad at the sole discretion of the
Bank and the Bank reserve the right to depute / transfer you at any time during your service in the Bank, to any of its
subsidiaries or associates without any prior consent from you.

Notwithstanding the role assigned to you in terms of this letter, the Bank reserves the right to assign you any other role/function
commensurate with your grade as may be deemed appropriate, depending on administrative exigencies and
requirements.

Your services can be requisitioned by the Bank at any time outside the business / working hours.

Resignation / Termination / Retirement:

Separation during probation:

a. On account of Resignation : During the period of probation, you may resign from the Bank’s service, subject to
acceptance of your resignation by the Competent Authority, for which you will be required to mandatorily serve a notice
period of 30 days. You will not be permitted to adjust any accumulated leave at your credit including accruals against the
notice period. However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such
an event, the basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus
privilege leave (if available), will be recovered from employee.

b. On account of Termination: During the probation period, this contract of employment is terminable by the Bank by way
of giving notice of 15 days’ or on payment of salary in lieu thereof without assigning any reasons therefor.
 :: 4 ::
Separation after Confirmation:

a. On account of Resignation: After confirmation, you may resign from the Bank's service, subject to acceptance of your
resignation by the Competent Authority, for which you will be required to mandatorily serve a notice period of 90 days. You
will not be permitted to adjust any accumulated leave at your credit including accruals against the notice period.
However, waiver of the notice period (if any), will be at the discretion of the Competent Authority. In such an event, the
basic salary equivalent of the notice period shortfall (if any), after adjusting with privilege leave / surplus privilege leav e (if
available), will be recovered from employee.

b. On account of Termination: Notwithstanding what is provided in the Staff Rules and the above paragraphs, your
services, after confirmation, may be terminated by the Bank by giving 30 days’ notice or payment of 30 days’ salary in lieu
thereof without assigning any reasons therefor.

Separation arrangement:
a. Written resignation should be submitted to your immediate supervisor, and also initiated on HRMS.
Upon receipt of your resignation, the acceptance of the same shall be at Bank’s discretion.

b. Upon acceptance of your resignation and before your proposed relieving date, you will have to return all Bank’s
property / assets entrusted to you and in your possession, to the Bank. Before you are relieved, all correspondence,
specifications, formulae, books, documents, cost data, market data, literature, drawings, effects etc. should be return ed
and you shall not make or retain any copies of these items.

c. On separation, you will have to submit your claim for settlement of Provident Fund in the prescribed form. If no claim is
received within 6 months of separation, the Bank will close your Provident Fund account and credit proceeds to your SB
account with us or send you the proceeds by Demand Draft.

Retirement:

The retirement age in the Bank is fixed as 60 years. You will accordingly stand relieved from the services of the Bank on the
last day of the month of your attaining this age based on the Age Certificate furnished by you at the time of joining.

Other Terms
Code of Conduct & Ethics:

a. As an employee of the Bank, you will be guided by the Code of Conduct & Ethics and rules and regulations of the Bank
in force and as amended from time to time.

b. If any declaration, statement or information including your qualification, experience and/or any other details, as given
by you at any time, is found to be false or untrue, if any material information is suppressed or if it comes to the notice of the
Bank that you had been, prior to joining the Bank's services, convicted of any act involving moral turpitude and/or criminal
in nature, your services will be liable to be terminated forthwith without any notice or compensation in lieu thereof at any
time during or even after completion of the probation period. However, this does not preclude the Bank from initiating such
disciplinary measures, as the Bank shall deem fit and any penalty may be imposed upon you in terms of the Staff Rules of
the Bank in force.

The Bank reserves the right to vary the terms and conditions of service governing your appointment as contained in this lette r
including your duties and responsibilities at any time.

Whole-time / Alternative Employment:

Your position is a whole time employment with the Bank and you shall not take any other work for remuneration (part-time or
otherwise) or work in advisory capacity or be interested directly or indirectly except as shareholder or debenture holder in
other trade or business during the employment with the Bank. You shall not be involved directly or indirectly with any business
/ trade / occupation / service / calling or perform any part-time or other work for remuneration or otherwise without
obtaining prior written permission from Axis Bank.

During the employment in the services of the Bank, you shall not hold any other position in any organization nor shall you get
employed directly or indirectly in any manner whatsoever nor shall act as an advisor to any organization, the exception
being social organizations like clubs, NGOs etc. having no political affiliation. However the Bank reserves the right to d irect
you to step down if, in the opinion of the Bank, such engagement interferes with your duties.
 :: 5 ::
4.7 Fidelity & Secrecy:

You shall not at any time during your employment and/or after the termination of your employment in any manner
whatsoever divulge any confidential information relating to the Bank, any of its constituents or its employees without the
prior written consent from the Management. In such an event, the Bank reserves the right to proceed against you.

Notwithstanding anything contained in the above paragraphs, your services may be terminated by the Bank if you are found to
be indulging in the acts of Commission / Omission which may be prejudicial to the interests of the Bank or any act of dishonesty,
disobedience, insubordination or any other misconduct or neglect of duty or incompetence in the discharge of duty on your part.

The terms and conditions set out in this letter of appointment inter alia constitute service conditions applicable to your
employment in the Bank. Any dispute arising thereof are subject to Mumbai jurisdiction only and the Mumbai Courts will have
exclusive jurisdiction.

The above terms and conditions are to be read in conjunction with the Staff Rules accessible through the Bank's intranet. These
shall be made available to you, post joining.

Kindly note that you are required to convey your acceptance within 15 days from the date of this letter. You are requested to sign
the copy of this letter as a token of acceptance of the above terms and return it to us immediately. This Letter of Appointme nt will
be valid only for fifteen days from the date of this letter.

For any further information / clarifications please feel free to contact:-

Plaban Patnaik

Plaban.Patnaik@axisbank.com

We at Axis Bank wish you success and look forward to your having a long and rewarding career with us!

Yours faithfully,

Human Resources
 LETTER OF APPOINTMENT

Date: 22-APR-15

Dear Anisha Reddy M,

Congratulations!

Further to your interest in being associated with us and the discussion we had, we are pleased to make an
offer of appointment to you as per the details given below.

Position: You will be designated as “Associate Analyst-1”

Probation Period: Six months from Date of joining, this can be extended based on the performance

Confirmation: Subject to performance after six months

Compensation: Your compensation in terms of “Cost to the Company (CTC)” will be Rs. 220000/-
(Two Lakhs Twenty Thousends Rupees Only).

You will also be entitled to discretionary bonus, after annual appraisal, as per the company policy.

Over and above CTC, you will be paid food coupons worth Rs. 1300 per month and will be eligible for
health and life insurance. Other benefits such as Gratuity, PPF will be entitled to you as per company
policy.

You should be willing to work in any shift as assigned by company including night shift.
th
Joining Date: You will join us on or before 29 April, 2015 and your place of posting will be Hyderabad.

A formal “Appointment Letter” detailing the terms and conditions of appointment will be issued on the
day of your joining.

We look forward for a long & fruitful association.

Best Regards,
For Berkadia Services Pvt Ltd

Vijay Meda
Manager - Human Resources

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
Berkadia Services India Pvt. Ltd www.berkadia.com
DOCUMENTS TO BE SUBMITTED ON THE DAY OF JOINING:

1. Education Certificates –
10th Standard till Higher Qualification. (Do not carry Original Certificates. If lost
we are not responsible).

2. Residential Address Proof Letters –

Driving License / Passport copy / Telephone / Mobile Bill / Electricity Bill.

3. Photo ID Proof Letter –

PAN Card / Voter ID Card. (If you are not having PAN Card please apply
immediately as it is mandate for you to provide us).

4. 7 Passport size photographs

5. Employment (For Experienced only):

a. Offer/Appointment Letter.
b. 3 Month’s most recent Pay slips and relieving letter.
c. Service certificates / Relieving letters from the previous employers.

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
www.berkadia.com
Berkadia Services India Pvt. Ltd
 LETTER OF APPOINTMENT

Date: 22-APR-15

Dear B Shalini,

Congratulations!

Further to your interest in being associated with us and the discussion we had, we are pleased to make an
offer of appointment to you as per the details given below.

Position: You will be designated as “Associate Analyst-1”

Probation Period: Six months from Date of joining, this can be extended based on the performance

Confirmation: Subject to performance after six months

Compensation: Your compensation in terms of “Cost to the Company (CTC)” will be Rs. 220000/-
(Two Lakhs Twenty Thousends Rupees Only).

You will also be entitled to discretionary bonus, after annual appraisal, as per the company policy.

Over and above CTC, you will be paid food coupons worth Rs. 1300 per month and will be eligible for
health and life insurance. Other benefits such as Gratuity, PPF will be entitled to you as per company
policy.

You should be willing to work in any shift as assigned by company including night shift.
th
Joining Date: You will join us on or before 29 April, 2015 and your place of posting will be Hyderabad.

A formal “Appointment Letter” detailing the terms and conditions of appointment will be issued on the
day of your joining.

We look forward for a long & fruitful association.

Best Regards,
For Berkadia Services Pvt Ltd

Vijay Meda
Manager - Human Resources

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
Berkadia Services India Pvt. Ltd www.berkadia.com
DOCUMENTS TO BE SUBMITTED ON THE DAY OF JOINING:

1. Education Certificates –
10th Standard till Higher Qualification. (Do not carry Original Certificates. If lost
we are not responsible).

2. Residential Address Proof Letters –

Driving License / Passport copy / Telephone / Mobile Bill / Electricity Bill.

3. Photo ID Proof Letter –

PAN Card / Voter ID Card. (If you are not having PAN Card please apply
immediately as it is mandate for you to provide us).

4. 7 Passport size photographs

5. Employment (For Experienced only):

a. Offer/Appointment Letter.
b. 3 Month’s most recent Pay slips and relieving letter.
c. Service certificates / Relieving letters from the previous employers.

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
www.berkadia.com
Berkadia Services India Pvt. Ltd
 LETTER OF APPOINTMENT

Date: 22-APR-15

Dear Boddu Mahendar Reddy,

Congratulations!

Further to your interest in being associated with us and the discussion we had, we are pleased to make an
offer of appointment to you as per the details given below.

Position: You will be designated as “Associate Analyst-1”

Probation Period: Six months from Date of joining, this can be extended based on the performance

Confirmation: Subject to performance after six months

Compensation: Your compensation in terms of “Cost to the Company (CTC)” will be Rs. 220000/-
(Two Lakhs Twenty Thousends Rupees Only).

You will also be entitled to discretionary bonus, after annual appraisal, as per the company policy.

Over and above CTC, you will be paid food coupons worth Rs. 1300 per month and will be eligible for
health and life insurance. Other benefits such as Gratuity, PPF will be entitled to you as per company
policy.

You should be willing to work in any shift as assigned by company including night shift.
th
Joining Date: You will join us on or before 29 April, 2015 and your place of posting will be Hyderabad.

A formal “Appointment Letter” detailing the terms and conditions of appointment will be issued on the
day of your joining.

We look forward for a long & fruitful association.

Best Regards,
For Berkadia Services Pvt Ltd

Vijay Meda
Manager - Human Resources

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
Berkadia Services India Pvt. Ltd www.berkadia.com
DOCUMENTS TO BE SUBMITTED ON THE DAY OF JOINING:

1. Education Certificates –
10th Standard till Higher Qualification. (Do not carry Original Certificates. If lost
we are not responsible).

2. Residential Address Proof Letters –

Driving License / Passport copy / Telephone / Mobile Bill / Electricity Bill.

3. Photo ID Proof Letter –

PAN Card / Voter ID Card. (If you are not having PAN Card please apply
immediately as it is mandate for you to provide us).

4. 7 Passport size photographs

5. Employment (For Experienced only):

a. Offer/Appointment Letter.
b. 3 Month’s most recent Pay slips and relieving letter.
c. Service certificates / Relieving letters from the previous employers.

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
www.berkadia.com
Berkadia Services India Pvt. Ltd
 LETTER OF APPOINTMENT

Date: 22-APR-15

Dear C Sandhya,

Congratulations!

Further to your interest in being associated with us and the discussion we had, we are pleased to make an
offer of appointment to you as per the details given below.

Position: You will be designated as “Associate Analyst-1”

Probation Period: Six months from Date of joining, this can be extended based on the performance

Confirmation: Subject to performance after six months

Compensation: Your compensation in terms of “Cost to the Company (CTC)” will be Rs. 220000/-
(Two Lakhs Twenty Thousends Rupees Only).

You will also be entitled to discretionary bonus, after annual appraisal, as per the company policy.

Over and above CTC, you will be paid food coupons worth Rs. 1300 per month and will be eligible for
health and life insurance. Other benefits such as Gratuity, PPF will be entitled to you as per company
policy.

You should be willing to work in any shift as assigned by company including night shift.
th
Joining Date: You will join us on or before 29 April, 2015 and your place of posting will be Hyderabad.

A formal “Appointment Letter” detailing the terms and conditions of appointment will be issued on the
day of your joining.

We look forward for a long & fruitful association.

Best Regards,
For Berkadia Services Pvt Ltd

Vijay Meda
Manager - Human Resources

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
Berkadia Services India Pvt. Ltd www.berkadia.com
DOCUMENTS TO BE SUBMITTED ON THE DAY OF JOINING:

1. Education Certificates –
10th Standard till Higher Qualification. (Do not carry Original Certificates. If lost
we are not responsible).

2. Residential Address Proof Letters –

Driving License / Passport copy / Telephone / Mobile Bill / Electricity Bill.

3. Photo ID Proof Letter –

PAN Card / Voter ID Card. (If you are not having PAN Card please apply
immediately as it is mandate for you to provide us).

4. 7 Passport size photographs

5. Employment (For Experienced only):

a. Offer/Appointment Letter.
b. 3 Month’s most recent Pay slips and relieving letter.
c. Service certificates / Relieving letters from the previous employers.

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
www.berkadia.com
Berkadia Services India Pvt. Ltd
 LETTER OF APPOINTMENT

Date: 22-APR-15

Dear Gali Mounika,

Congratulations!

Further to your interest in being associated with us and the discussion we had, we are pleased to make an
offer of appointment to you as per the details given below.

Position: You will be designated as “Associate Analyst-1”

Probation Period: Six months from Date of joining, this can be extended based on the performance

Confirmation: Subject to performance after six months

Compensation: Your compensation in terms of “Cost to the Company (CTC)” will be Rs. 220000/-
(Two Lakhs Twenty Thousends Rupees Only).

You will also be entitled to discretionary bonus, after annual appraisal, as per the company policy.

Over and above CTC, you will be paid food coupons worth Rs. 1300 per month and will be eligible for
health and life insurance. Other benefits such as Gratuity, PPF will be entitled to you as per company
policy.

You should be willing to work in any shift as assigned by company including night shift.
th
Joining Date: You will join us on or before 29 April, 2015 and your place of posting will be Hyderabad.

A formal “Appointment Letter” detailing the terms and conditions of appointment will be issued on the
day of your joining.

We look forward for a long & fruitful association.

Best Regards,
For Berkadia Services Pvt Ltd

Vijay Meda
Manager - Human Resources

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
Berkadia Services India Pvt. Ltd www.berkadia.com
DOCUMENTS TO BE SUBMITTED ON THE DAY OF JOINING:

1. Education Certificates –
10th Standard till Higher Qualification. (Do not carry Original Certificates. If lost
we are not responsible).

2. Residential Address Proof Letters –

Driving License / Passport copy / Telephone / Mobile Bill / Electricity Bill.

3. Photo ID Proof Letter –

PAN Card / Voter ID Card. (If you are not having PAN Card please apply
immediately as it is mandate for you to provide us).

4. 7 Passport size photographs

5. Employment (For Experienced only):

a. Offer/Appointment Letter.
b. 3 Month’s most recent Pay slips and relieving letter.
c. Service certificates / Relieving letters from the previous employers.

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
www.berkadia.com
Berkadia Services India Pvt. Ltd
 LETTER OF APPOINTMENT

Date: 22-APR-15

Dear Koppula Praveen,

Congratulations!

Further to your interest in being associated with us and the discussion we had, we are pleased to make an
offer of appointment to you as per the details given below.

Position: You will be designated as “Associate Analyst-1”

Probation Period: Six months from Date of joining, this can be extended based on the performance

Confirmation: Subject to performance after six months

Compensation: Your compensation in terms of “Cost to the Company (CTC)” will be Rs. 220000/-
(Two Lakhs Twenty Thousends Rupees Only).

You will also be entitled to discretionary bonus, after annual appraisal, as per the company policy.

Over and above CTC, you will be paid food coupons worth Rs. 1300 per month and will be eligible for
health and life insurance. Other benefits such as Gratuity, PPF will be entitled to you as per company
policy.

You should be willing to work in any shift as assigned by company including night shift.
th
Joining Date: You will join us on or before 29 April, 2015 and your place of posting will be Hyderabad.

A formal “Appointment Letter” detailing the terms and conditions of appointment will be issued on the
day of your joining.

We look forward for a long & fruitful association.

Best Regards,
For Berkadia Services Pvt Ltd

Vijay Meda
Manager - Human Resources

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
Berkadia Services India Pvt. Ltd www.berkadia.com
DOCUMENTS TO BE SUBMITTED ON THE DAY OF JOINING:

1. Education Certificates –
10th Standard till Higher Qualification. (Do not carry Original Certificates. If lost
we are not responsible).

2. Residential Address Proof Letters –

Driving License / Passport copy / Telephone / Mobile Bill / Electricity Bill.

3. Photo ID Proof Letter –

PAN Card / Voter ID Card. (If you are not having PAN Card please apply
immediately as it is mandate for you to provide us).

4. 7 Passport size photographs

5. Employment (For Experienced only):

a. Offer/Appointment Letter.
b. 3 Month’s most recent Pay slips and relieving letter.
c. Service certificates / Relieving letters from the previous employers.

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
www.berkadia.com
Berkadia Services India Pvt. Ltd
 LETTER OF APPOINTMENT

Date: 22-APR-15

Dear Rajesh C,

Congratulations!

Further to your interest in being associated with us and the discussion we had, we are pleased to make an
offer of appointment to you as per the details given below.

Position: You will be designated as “Associate Analyst-1”

Probation Period: Six months from Date of joining, this can be extended based on the performance

Confirmation: Subject to performance after six months

Compensation: Your compensation in terms of “Cost to the Company (CTC)” will be Rs. 220000/-
(Two Lakhs Twenty Thousends Rupees Only).

You will also be entitled to discretionary bonus, after annual appraisal, as per the company policy.

Over and above CTC, you will be paid food coupons worth Rs. 1300 per month and will be eligible for
health and life insurance. Other benefits such as Gratuity, PPF will be entitled to you as per company
policy.

You should be willing to work in any shift as assigned by company including night shift.
th
Joining Date: You will join us on or before 29 April, 2015 and your place of posting will be Hyderabad.

A formal “Appointment Letter” detailing the terms and conditions of appointment will be issued on the
day of your joining.

We look forward for a long & fruitful association.

Best Regards,
For Berkadia Services Pvt Ltd

Vijay Meda
Manager - Human Resources

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
Berkadia Services India Pvt. Ltd www.berkadia.com
DOCUMENTS TO BE SUBMITTED ON THE DAY OF JOINING:

1. Education Certificates –
10th Standard till Higher Qualification. (Do not carry Original Certificates. If lost
we are not responsible).

2. Residential Address Proof Letters –

Driving License / Passport copy / Telephone / Mobile Bill / Electricity Bill.

3. Photo ID Proof Letter –

PAN Card / Voter ID Card. (If you are not having PAN Card please apply
immediately as it is mandate for you to provide us).

4. 7 Passport size photographs

5. Employment (For Experienced only):

a. Offer/Appointment Letter.
b. 3 Month’s most recent Pay slips and relieving letter.
c. Service certificates / Relieving letters from the previous employers.

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
www.berkadia.com
Berkadia Services India Pvt. Ltd
 LETTER OF APPOINTMENT

Date: 22-APR-15

Dear Rakesh P,

Congratulations!

Further to your interest in being associated with us and the discussion we had, we are pleased to make an
offer of appointment to you as per the details given below.

Position: You will be designated as “Associate Analyst-1”

Probation Period: Six months from Date of joining, this can be extended based on the performance

Confirmation: Subject to performance after six months

Compensation: Your compensation in terms of “Cost to the Company (CTC)” will be Rs. 220000/-
(Two Lakhs Twenty Thousends Rupees Only).

You will also be entitled to discretionary bonus, after annual appraisal, as per the company policy.

Over and above CTC, you will be paid food coupons worth Rs. 1300 per month and will be eligible for
health and life insurance. Other benefits such as Gratuity, PPF will be entitled to you as per company
policy.

You should be willing to work in any shift as assigned by company including night shift.
th
Joining Date: You will join us on or before 29 April, 2015 and your place of posting will be Hyderabad.

A formal “Appointment Letter” detailing the terms and conditions of appointment will be issued on the
day of your joining.

We look forward for a long & fruitful association.

Best Regards,
For Berkadia Services Pvt Ltd

Vijay Meda
Manager - Human Resources

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
Berkadia Services India Pvt. Ltd www.berkadia.com
DOCUMENTS TO BE SUBMITTED ON THE DAY OF JOINING:

1. Education Certificates –
10th Standard till Higher Qualification. (Do not carry Original Certificates. If lost
we are not responsible).

2. Residential Address Proof Letters –

Driving License / Passport copy / Telephone / Mobile Bill / Electricity Bill.

3. Photo ID Proof Letter –

PAN Card / Voter ID Card. (If you are not having PAN Card please apply
immediately as it is mandate for you to provide us).

4. 7 Passport size photographs

5. Employment (For Experienced only):

a. Offer/Appointment Letter.
b. 3 Month’s most recent Pay slips and relieving letter.
c. Service certificates / Relieving letters from the previous employers.

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
www.berkadia.com
Berkadia Services India Pvt. Ltd
 LETTER OF APPOINTMENT

Date: 22-APR-15

Dear Ramu,

Congratulations!

Further to your interest in being associated with us and the discussion we had, we are pleased to make an
offer of appointment to you as per the details given below.

Position: You will be designated as “Associate Analyst-1”

Probation Period: Six months from Date of joining, this can be extended based on the performance

Confirmation: Subject to performance after six months

Compensation: Your compensation in terms of “Cost to the Company (CTC)” will be Rs. 220000/-
(Two Lakhs Twenty Thousends Rupees Only).

You will also be entitled to discretionary bonus, after annual appraisal, as per the company policy.

Over and above CTC, you will be paid food coupons worth Rs. 1300 per month and will be eligible for
health and life insurance. Other benefits such as Gratuity, PPF will be entitled to you as per company
policy.

You should be willing to work in any shift as assigned by company including night shift.
th
Joining Date: You will join us on or before 29 April, 2015 and your place of posting will be Hyderabad.

A formal “Appointment Letter” detailing the terms and conditions of appointment will be issued on the
day of your joining.

We look forward for a long & fruitful association.

Best Regards,
For Berkadia Services Pvt Ltd

Vijay Meda
Manager - Human Resources

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
Berkadia Services India Pvt. Ltd www.berkadia.com
DOCUMENTS TO BE SUBMITTED ON THE DAY OF JOINING:

1. Education Certificates –
10th Standard till Higher Qualification. (Do not carry Original Certificates. If lost
we are not responsible).

2. Residential Address Proof Letters –

Driving License / Passport copy / Telephone / Mobile Bill / Electricity Bill.

3. Photo ID Proof Letter –

PAN Card / Voter ID Card. (If you are not having PAN Card please apply
immediately as it is mandate for you to provide us).

4. 7 Passport size photographs

5. Employment (For Experienced only):

a. Offer/Appointment Letter.
b. 3 Month’s most recent Pay slips and relieving letter.
c. Service certificates / Relieving letters from the previous employers.

Berkadia Services India Pvt Limited

th
9 Floor, Block 2, DLF Cybercity
Gachibowli Village, Hyderabad - 500019
www.berkadia.com
Berkadia Services India Pvt. Ltd
 CODEFORCE 360 – “Expertise Powering Results”
ERP & IT Services | Consulting| Development | Staffing
URL: http://www.codeforce.com |info@codeforce.com
“Expertise Powering Results” Work: 770-410-7770| Fax: 770-410-7737

To,
Chandra Kumar M

Re: Offer of Employment

Dear ,

On Behalf of the CODEFORCE 360, we are very pleased to issue this offer letter for the position of
IT Recruiter, at Hyderabad. This offer letter outlines only the basic terms which are most exhaustive and
does not include the detailed terms and conditions of your employment. This offer is contingent on a
candidature reference and successful completion of the background check done by the company.

Start Date and salary

Unless we mutually agree otherwise in writing, you will commence employment on 27 th April, 2015
(the “start date”). Your starting salary will be Rs 1,68,000 (Rupees One Lakh Sixty Eight thousand only)
annualised, payable in accordance with the company’s standard payroll practice. Your salary will
compensate you for all hours worked, excluding payments for any overtime. If you have completed 6 months
with the company you will be eligible for a performance assessment and salary adjustment in the next
following month.

Note : This Offer of Employment is valid only after “Employment Agreement‟ documenation is done
between the Alpharetta Corporation CODEFORCE 360 and You.

We are very excited about the possibility of you joining us. I hope that you will accept this offer and
look forward to a productive and mutually beneficial working relationship. Sincerely,

Kindly acknowledge the duplicate copy of this letter as an acceptanceof this offer.

For and on behalf of Codeforce 360

Vivekanand Reddy
HR Manager.
Date: April 24th ,2015.
 CODEFORCE 360 – “Expertise Powering Results”
ERP & IT Services | Consulting| Development | Staffing
URL: http://www.codeforce.com |info@codeforce.com
“Expertise Powering Results” Work: 770-410-7770| Fax: 770-410-7737

To,
M Swathi

Re: Offer of Employment

Dear ,

On Behalf of the CODEFORCE 360, we are very pleased to issue this offer letter for the position of
IT Recruiter, at Hyderabad. This offer letter outlines only the basic terms which are most exhaustive and
does not include the detailed terms and conditions of your employment. This offer is contingent on a
candidature reference and successful completion of the background check done by the company.

Start Date and salary

Unless we mutually agree otherwise in writing, you will commence employment on 27 th April, 2015
(the “start date”). Your starting salary will be Rs 1,68,000 (Rupees One Lakh Sixty Eight thousand only)
annualised, payable in accordance with the company’s standard payroll practice. Your salary will
compensate you for all hours worked, excluding payments for any overtime. If you have completed 6 months
with the company you will be eligible for a performance assessment and salary adjustment in the next
following month.

Note : This Offer of Employment is valid only after “Employment Agreement‟ documenation is done
between the Alpharetta Corporation CODEFORCE 360 and You.

We are very excited about the possibility of you joining us. I hope that you will accept this offer and
look forward to a productive and mutually beneficial working relationship. Sincerely,

Kindly acknowledge the duplicate copy of this letter as an acceptanceof this offer.

For and on behalf of Codeforce 360

Vivekanand Reddy
HR Manager.
Date: April 24th ,2015.
 CODEFORCE 360 – “Expertise Powering Results”
ERP & IT Services | Consulting| Development | Staffing
URL: http://www.codeforce.com |info@codeforce.com
“Expertise Powering Results” Work: 770-410-7770| Fax: 770-410-7737

To,
Manemolu Naresh

Re: Offer of Employment

Dear ,

On Behalf of the CODEFORCE 360, we are very pleased to issue this offer letter for the position of
IT Recruiter, at Hyderabad. This offer letter outlines only the basic terms which are most exhaustive and
does not include the detailed terms and conditions of your employment. This offer is contingent on a
candidature reference and successful completion of the background check done by the company.

Start Date and salary

Unless we mutually agree otherwise in writing, you will commence employment on 27 th April, 2015
(the “start date”). Your starting salary will be Rs 1,68,000 (Rupees One Lakh Sixty Eight thousand only)
annualised, payable in accordance with the company’s standard payroll practice. Your salary will
compensate you for all hours worked, excluding payments for any overtime. If you have completed 6 months
with the company you will be eligible for a performance assessment and salary adjustment in the next
following month.

Note : This Offer of Employment is valid only after “Employment Agreement‟ documenation is done
between the Alpharetta Corporation CODEFORCE 360 and You.

We are very excited about the possibility of you joining us. I hope that you will accept this offer and
look forward to a productive and mutually beneficial working relationship. Sincerely,

Kindly acknowledge the duplicate copy of this letter as an acceptanceof this offer.

For and on behalf of Codeforce 360

Vivekanand Reddy
HR Manager.
Date: April 24th ,2015.
 CODEFORCE 360 – “Expertise Powering Results”
ERP & IT Services | Consulting| Development | Staffing
URL: http://www.codeforce.com |info@codeforce.com
“Expertise Powering Results” Work: 770-410-7770| Fax: 770-410-7737

To,
Nanavath Kalpana

Re: Offer of Employment

Dear ,

On Behalf of the CODEFORCE 360, we are very pleased to issue this offer letter for the position of
IT Recruiter, at Hyderabad. This offer letter outlines only the basic terms which are most exhaustive and
does not include the detailed terms and conditions of your employment. This offer is contingent on a
candidature reference and successful completion of the background check done by the company.

Start Date and salary

Unless we mutually agree otherwise in writing, you will commence employment on 27 th April, 2015
(the “start date”). Your starting salary will be Rs 1,68,000 (Rupees One Lakh Sixty Eight thousand only)
annualised, payable in accordance with the company’s standard payroll practice. Your salary will
compensate you for all hours worked, excluding payments for any overtime. If you have completed 6 months
with the company you will be eligible for a performance assessment and salary adjustment in the next
following month.

Note : This Offer of Employment is valid only after “Employment Agreement‟ documenation is done
between the Alpharetta Corporation CODEFORCE 360 and You.

We are very excited about the possibility of you joining us. I hope that you will accept this offer and
look forward to a productive and mutually beneficial working relationship. Sincerely,

Kindly acknowledge the duplicate copy of this letter as an acceptanceof this offer.

For and on behalf of Codeforce 360

Vivekanand Reddy
HR Manager.
Date: April 24th ,2015.
 CODEFORCE 360 – “Expertise Powering Results”
ERP & IT Services | Consulting| Development | Staffing
URL: http://www.codeforce.com |info@codeforce.com
“Expertise Powering Results” Work: 770-410-7770| Fax: 770-410-7737

To,
Nathi Srilaxmi

Re: Offer of Employment

Dear ,

On Behalf of the CODEFORCE 360, we are very pleased to issue this offer letter for the position of
IT Recruiter, at Hyderabad. This offer letter outlines only the basic terms which are most exhaustive and
does not include the detailed terms and conditions of your employment. This offer is contingent on a
candidature reference and successful completion of the background check done by the company.

Start Date and salary

Unless we mutually agree otherwise in writing, you will commence employment on 27 th April, 2015
(the “start date”). Your starting salary will be Rs 1,68,000 (Rupees One Lakh Sixty Eight thousand only)
annualised, payable in accordance with the company’s standard payroll practice. Your salary will
compensate you for all hours worked, excluding payments for any overtime. If you have completed 6 months
with the company you will be eligible for a performance assessment and salary adjustment in the next
following month.

Note : This Offer of Employment is valid only after “Employment Agreement‟ documenation is done
between the Alpharetta Corporation CODEFORCE 360 and You.

We are very excited about the possibility of you joining us. I hope that you will accept this offer and
look forward to a productive and mutually beneficial working relationship. Sincerely,

Kindly acknowledge the duplicate copy of this letter as an acceptanceof this offer.

For and on behalf of Codeforce 360

Vivekanand Reddy
HR Manager.
Date: April 24th ,2015.
 CODEFORCE 360 – “Expertise Powering Results”
ERP & IT Services | Consulting| Development | Staffing
URL: http://www.codeforce.com |info@codeforce.com
“Expertise Powering Results” Work: 770-410-7770| Fax: 770-410-7737

To,
Sonakshi G

Re: Offer of Employment

Dear ,

On Behalf of the CODEFORCE 360, we are very pleased to issue this offer letter for the position of
IT Recruiter, at Hyderabad. This offer letter outlines only the basic terms which are most exhaustive and
does not include the detailed terms and conditions of your employment. This offer is contingent on a
candidature reference and successful completion of the background check done by the company.

Start Date and salary

Unless we mutually agree otherwise in writing, you will commence employment on 27 th April, 2015
(the “start date”). Your starting salary will be Rs 1,68,000 (Rupees One Lakh Sixty Eight thousand only)
annualised, payable in accordance with the company’s standard payroll practice. Your salary will
compensate you for all hours worked, excluding payments for any overtime. If you have completed 6 months
with the company you will be eligible for a performance assessment and salary adjustment in the next
following month.

Note : This Offer of Employment is valid only after “Employment Agreement‟ documenation is done
between the Alpharetta Corporation CODEFORCE 360 and You.

We are very excited about the possibility of you joining us. I hope that you will accept this offer and
look forward to a productive and mutually beneficial working relationship. Sincerely,

Kindly acknowledge the duplicate copy of this letter as an acceptanceof this offer.

For and on behalf of Codeforce 360

Vivekanand Reddy
HR Manager.
Date: April 24th ,2015.
 CODEFORCE 360 – “Expertise Powering Results”
ERP & IT Services | Consulting| Development | Staffing
URL: http://www.codeforce.com |info@codeforce.com
“Expertise Powering Results” Work: 770-410-7770| Fax: 770-410-7737

To,
Vivek Kumar

Re: Offer of Employment

Dear ,

On Behalf of the CODEFORCE 360, we are very pleased to issue this offer letter for the position of
IT Recruiter, at Hyderabad. This offer letter outlines only the basic terms which are most exhaustive and
does not include the detailed terms and conditions of your employment. This offer is contingent on a
candidature reference and successful completion of the background check done by the company.

Start Date and salary

Unless we mutually agree otherwise in writing, you will commence employment on 27 th April, 2015
(the “start date”). Your starting salary will be Rs 1,68,000 (Rupees One Lakh Sixty Eight thousand only)
annualised, payable in accordance with the company’s standard payroll practice. Your salary will
compensate you for all hours worked, excluding payments for any overtime. If you have completed 6 months
with the company you will be eligible for a performance assessment and salary adjustment in the next
following month.

Note : This Offer of Employment is valid only after “Employment Agreement‟ documenation is done
between the Alpharetta Corporation CODEFORCE 360 and You.

We are very excited about the possibility of you joining us. I hope that you will accept this offer and
look forward to a productive and mutually beneficial working relationship. Sincerely,

Kindly acknowledge the duplicate copy of this letter as an acceptanceof this offer.

For and on behalf of Codeforce 360

Vivekanand Reddy
HR Manager.
Date: April 24th ,2015.
Ref No: 12051420

20-Jun-2015

Achanta Sudha
Hyd

Dear Achanta Sudha,

In continuation to our discussions, we are pleased to offer you the role of Process Executive - Data in Cognizant Technology Solutions India Private
Limited.

You are entitled to an Annual Gross Compensation (AGC) of Rs.150,000. The other details about your compensation is presented in Annexure A. We would like to
inform you that Cognizant has considered 0 months of your experience as relevant, which would be updated in our records. Your place of posting will be Hyderabad.

Your appointment will be governed by the terms and conditions of employment presented in Annexure B. You will also be governed by the rules, regulations and
practices in vogue and those that may change from time to time. Your compensation is highly confidential and if the need arises, you may discuss it only with your
Manager.

We request you to join us on or before 21-September-2015

Cognizant is keen that there is a secure environment for clients and internally too. You are required to be registered with the National Skills Registry (NSR) and provide
the ITPIN while joining the organization. Please refer Annexure B for more details.

Please note:
• This appointment is subject to satisfactory professional reference checks
• This offer from Cognizant is valid for 3 months only from the date of offer, any extension in said validity shall be at the discretion of the company and shall be
communicated to you in writing
• Prior to commencing employment with Cognizant you must provide Cognizant with evidence of your right to work in India and other such documents as Cognizant may
request

We look forward to your joining us. Should you have any further questions or clarifications, please feel free to contact us.

Yours sincerely,
For Cognizant Technology Solutions India Pvt. Ltd.

Suresh Bethavandu

Global Head-Talent Acquisition

I have read the offer, understood and accept the above mentioned terms and conditions.

Signature : Date:

Rl'qd. Office: 115/535, Old Mahabalipuram Road, Okkiam Thoraipakkam, Chennai - 600 097
 Annexure A

Name: Achanta Sudha Designation: Process Executive - Data

Sl. No. Description Monthly Yearly

1 Basic 6,875 82,500

2 Company's contribution of PF # 825 9,900
3 Advance Statutory Bonus*** 2,000 24,000
4 Special Allowance* 2,361 28,332
5 Company's Contribution of ESI @ 4.75 of Monthly Gross minus statutory exclusions 439 5,268

Annual Gross Compensation 150,000

Annual Total Compensation 150,000

As an associate you are also entitled to the following additional benefits:

• Floating Medical Insurance Coverage
• Round the Clock Group personal accident Insurance coverage
• Group Term Life Insurance Coverage
• Employees' compensation insurance benefit as per the Employees' Compensation Act, 1923
• Gratuity, on separation after 4 years and 240 calendar days of continuous service, payable as per Payment of Gratuity Act,1972
• Women associates joining Cognizant will be entitled to Maternity leave as per the Maternity Benefit Act, 1962

# PF is contributed at 12 of your basic. If you are an International worker, it is contributed at 12 of your monthly gross compensation excluding HRA

* Flexible Benefit Plan: Your compensation has been structured to ensure that you are adequately empowered to apportion components of your salary in a manner
that suits you the best. This plan will enable you to
1. Choose from a bouquet of allowance or benefits
2. Redefine your salary structure within prescribed guidelines
3. Optimize your earnings

** Advance Statutory Bonus is in line with the provisions of Payment of Bonus Act, 1965.

Note:
• Any statutory revision of Provident Fund/ESI Contribution or any other similar statutory benefits will result in a change in the Net take home salary and the Annual
Gross Compensation will remain the same.
• Cognizant has made this offer in good faith after expending significant time and resources in the hiring process. We hope you will join us, but appreciate your right to
pursue another path. Your formal commitment to joining us forms the basis of further planning and client communication at Cognizant. If you renege on the commitment
and decide not to join us after signing the offer letter, Cognizant reserves the right to not consider you for future career opportunities in the company. We look forward to
welcoming you to Cognizant.
Login to https:\\onecognizant.cognizant.com->Total Rewards App for more details.

Rl'qd. Office: 115/535, Old Mahabalipuram Road, Okkiam Thoraipakkam, Chennai - 600 097
Ref No: 12051438

20-Jun-2015

Martha Praveen Kumar

Hyd

Dear Martha Praveen Kumar,

In continuation to our discussions, we are pleased to offer you the role of Process Executive - Data in Cognizant Technology Solutions India Private
Limited.

You are entitled to an Annual Gross Compensation (AGC) of Rs.150,000. The other details about your compensation is presented in Annexure A. We would like to
inform you that Cognizant has considered 0 months of your experience as relevant, which would be updated in our records. Your place of posting will be Hyderabad.

Your appointment will be governed by the terms and conditions of employment presented in Annexure B. You will also be governed by the rules, regulations and
practices in vogue and those that may change from time to time. Your compensation is highly confidential and if the need arises, you may discuss it only with your
Manager.

We request you to join us on or before 21-September-2015

Cognizant is keen that there is a secure environment for clients and internally too. You are required to be registered with the National Skills Registry (NSR) and provide
the ITPIN while joining the organization. Please refer Annexure B for more details.

Please note:
• This appointment is subject to satisfactory professional reference checks
• This offer from Cognizant is valid for 3 months only from the date of offer, any extension in said validity shall be at the discretion of the company and shall be
communicated to you in writing
• Prior to commencing employment with Cognizant you must provide Cognizant with evidence of your right to work in India and other such documents as Cognizant may
request

We look forward to your joining us. Should you have any further questions or clarifications, please feel free to contact us.

Yours sincerely,
For Cognizant Technology Solutions India Pvt. Ltd.

Suresh Bethavandu

Global Head-Talent Acquisition

I have read the offer, understood and accept the above mentioned terms and conditions.

Signature : Date:

Rl'qd. Office: 115/535, Old Mahabalipuram Road, Okkiam Thoraipakkam, Chennai - 600 097
 Annexure A

Name: Martha Praveen Kumar Designation: Process Executive - Data

Sl. No. Description Monthly Yearly

1 Basic 6,875 82,500

2 Company's contribution of PF # 825 9,900
3 Advance Statutory Bonus*** 2,000 24,000
4 Special Allowance* 2,361 28,332
5 Company's Contribution of ESI @ 4.75 of Monthly Gross minus statutory exclusions 439 5,268

Annual Gross Compensation 150,000

Annual Total Compensation 150,000

As an associate you are also entitled to the following additional benefits:

• Floating Medical Insurance Coverage
• Round the Clock Group personal accident Insurance coverage
• Group Term Life Insurance Coverage
• Employees' compensation insurance benefit as per the Employees' Compensation Act, 1923
• Gratuity, on separation after 4 years and 240 calendar days of continuous service, payable as per Payment of Gratuity Act,1972
• Women associates joining Cognizant will be entitled to Maternity leave as per the Maternity Benefit Act, 1962

# PF is contributed at 12 of your basic. If you are an International worker, it is contributed at 12 of your monthly gross compensation excluding HRA

* Flexible Benefit Plan: Your compensation has been structured to ensure that you are adequately empowered to apportion components of your salary in a manner
that suits you the best. This plan will enable you to
1. Choose from a bouquet of allowance or benefits
2. Redefine your salary structure within prescribed guidelines
3. Optimize your earnings

** Advance Statutory Bonus is in line with the provisions of Payment of Bonus Act, 1965.

Note:
• Any statutory revision of Provident Fund/ESI Contribution or any other similar statutory benefits will result in a change in the Net take home salary and the Annual
Gross Compensation will remain the same.
• Cognizant has made this offer in good faith after expending significant time and resources in the hiring process. We hope you will join us, but appreciate your right to
pursue another path. Your formal commitment to joining us forms the basis of further planning and client communication at Cognizant. If you renege on the commitment
and decide not to join us after signing the offer letter, Cognizant reserves the right to not consider you for future career opportunities in the company. We look forward to
welcoming you to Cognizant.
Login to https:\\onecognizant.cognizant.com->Total Rewards App for more details.

Rl'qd. Office: 115/535, Old Mahabalipuram Road, Okkiam Thoraipakkam, Chennai - 600 097
Ref No: 12051427

20-Jun-2015

Naguluri Priyanka
Hyd

Dear Naguluri Priyanka,

In continuation to our discussions, we are pleased to offer you the role of Process Executive - Data in Cognizant Technology Solutions India Private
Limited.

You are entitled to an Annual Gross Compensation (AGC) of Rs.150,000. The other details about your compensation is presented in Annexure A. We would like to
inform you that Cognizant has considered 0 months of your experience as relevant, which would be updated in our records. Your place of posting will be Hyderabad.

Your appointment will be governed by the terms and conditions of employment presented in Annexure B. You will also be governed by the rules, regulations and
practices in vogue and those that may change from time to time. Your compensation is highly confidential and if the need arises, you may discuss it only with your
Manager.

We request you to join us on or before 21-September-2015

Cognizant is keen that there is a secure environment for clients and internally too. You are required to be registered with the National Skills Registry (NSR) and provide
the ITPIN while joining the organization. Please refer Annexure B for more details.

Please note:
• This appointment is subject to satisfactory professional reference checks
• This offer from Cognizant is valid for 3 months only from the date of offer, any extension in said validity shall be at the discretion of the company and shall be
communicated to you in writing
• Prior to commencing employment with Cognizant you must provide Cognizant with evidence of your right to work in India and other such documents as Cognizant may
request

We look forward to your joining us. Should you have any further questions or clarifications, please feel free to contact us.

Yours sincerely,
For Cognizant Technology Solutions India Pvt. Ltd.

Suresh Bethavandu

Global Head-Talent Acquisition

I have read the offer, understood and accept the above mentioned terms and conditions.

Signature : Date:

Rl'qd. Office: 115/535, Old Mahabalipuram Road, Okkiam Thoraipakkam, Chennai - 600 097
 Annexure A

Name: Naguluri Priyanka Designation: Process Executive - Data

Sl. No. Description Monthly Yearly

1 Basic 6,875 82,500

2 Company's contribution of PF # 825 9,900
3 Advance Statutory Bonus*** 2,000 24,000
4 Special Allowance* 2,361 28,332
5 Company's Contribution of ESI @ 4.75 of Monthly Gross minus statutory exclusions 439 5,268

Annual Gross Compensation 150,000

Annual Total Compensation 150,000

As an associate you are also entitled to the following additional benefits:

• Floating Medical Insurance Coverage
• Round the Clock Group personal accident Insurance coverage
• Group Term Life Insurance Coverage
• Employees' compensation insurance benefit as per the Employees' Compensation Act, 1923
• Gratuity, on separation after 4 years and 240 calendar days of continuous service, payable as per Payment of Gratuity Act,1972
• Women associates joining Cognizant will be entitled to Maternity leave as per the Maternity Benefit Act, 1962

# PF is contributed at 12 of your basic. If you are an International worker, it is contributed at 12 of your monthly gross compensation excluding HRA

* Flexible Benefit Plan: Your compensation has been structured to ensure that you are adequately empowered to apportion components of your salary in a manner
that suits you the best. This plan will enable you to
1. Choose from a bouquet of allowance or benefits
2. Redefine your salary structure within prescribed guidelines
3. Optimize your earnings

** Advance Statutory Bonus is in line with the provisions of Payment of Bonus Act, 1965.

Note:
• Any statutory revision of Provident Fund/ESI Contribution or any other similar statutory benefits will result in a change in the Net take home salary and the Annual
Gross Compensation will remain the same.
• Cognizant has made this offer in good faith after expending significant time and resources in the hiring process. We hope you will join us, but appreciate your right to
pursue another path. Your formal commitment to joining us forms the basis of further planning and client communication at Cognizant. If you renege on the commitment
and decide not to join us after signing the offer letter, Cognizant reserves the right to not consider you for future career opportunities in the company. We look forward to
welcoming you to Cognizant.
Login to https:\\onecognizant.cognizant.com->Total Rewards App for more details.

Rl'qd. Office: 115/535, Old Mahabalipuram Road, Okkiam Thoraipakkam, Chennai - 600 097
Ref No: 12051434

20-Jun-2015

Repala Sarika
Hyd

Dear Repala Sarika,

In continuation to our discussions, we are pleased to offer you the role of Process Executive - Data in Cognizant Technology Solutions India Private
Limited.

You are entitled to an Annual Gross Compensation (AGC) of Rs.150,000. The other details about your compensation is presented in Annexure A. We would like to
inform you that Cognizant has considered 0 months of your experience as relevant, which would be updated in our records. Your place of posting will be Hyderabad.

Your appointment will be governed by the terms and conditions of employment presented in Annexure B. You will also be governed by the rules, regulations and
practices in vogue and those that may change from time to time. Your compensation is highly confidential and if the need arises, you may discuss it only with your
Manager.

We request you to join us on or before 21-September-2015

Cognizant is keen that there is a secure environment for clients and internally too. You are required to be registered with the National Skills Registry (NSR) and provide
the ITPIN while joining the organization. Please refer Annexure B for more details.

Please note:
• This appointment is subject to satisfactory professional reference checks
• This offer from Cognizant is valid for 3 months only from the date of offer, any extension in said validity shall be at the discretion of the company and shall be
communicated to you in writing
• Prior to commencing employment with Cognizant you must provide Cognizant with evidence of your right to work in India and other such documents as Cognizant may
request

We look forward to your joining us. Should you have any further questions or clarifications, please feel free to contact us.

Yours sincerely,
For Cognizant Technology Solutions India Pvt. Ltd.

Suresh Bethavandu

Global Head-Talent Acquisition

I have read the offer, understood and accept the above mentioned terms and conditions.

Signature : Date:

Rl'qd. Office: 115/535, Old Mahabalipuram Road, Okkiam Thoraipakkam, Chennai - 600 097
 Annexure A

Name: Repala Sarika Designation: Process Executive - Data

Sl. No. Description Monthly Yearly

1 Basic 6,875 82,500

2 Company's contribution of PF # 825 9,900
3 Advance Statutory Bonus*** 2,000 24,000
4 Special Allowance* 2,361 28,332
5 Company's Contribution of ESI @ 4.75 of Monthly Gross minus statutory exclusions 439 5,268

Annual Gross Compensation 150,000

Annual Total Compensation 150,000

As an associate you are also entitled to the following additional benefits:

• Floating Medical Insurance Coverage
• Round the Clock Group personal accident Insurance coverage
• Group Term Life Insurance Coverage
• Employees' compensation insurance benefit as per the Employees' Compensation Act, 1923
• Gratuity, on separation after 4 years and 240 calendar days of continuous service, payable as per Payment of Gratuity Act,1972
• Women associates joining Cognizant will be entitled to Maternity leave as per the Maternity Benefit Act, 1962

# PF is contributed at 12 of your basic. If you are an International worker, it is contributed at 12 of your monthly gross compensation excluding HRA

* Flexible Benefit Plan: Your compensation has been structured to ensure that you are adequately empowered to apportion components of your salary in a manner
that suits you the best. This plan will enable you to
1. Choose from a bouquet of allowance or benefits
2. Redefine your salary structure within prescribed guidelines
3. Optimize your earnings

** Advance Statutory Bonus is in line with the provisions of Payment of Bonus Act, 1965.

Note:
• Any statutory revision of Provident Fund/ESI Contribution or any other similar statutory benefits will result in a change in the Net take home salary and the Annual
Gross Compensation will remain the same.
• Cognizant has made this offer in good faith after expending significant time and resources in the hiring process. We hope you will join us, but appreciate your right to
pursue another path. Your formal commitment to joining us forms the basis of further planning and client communication at Cognizant. If you renege on the commitment
and decide not to join us after signing the offer letter, Cognizant reserves the right to not consider you for future career opportunities in the company. We look forward to
welcoming you to Cognizant.
Login to https:\\onecognizant.cognizant.com->Total Rewards App for more details.

Rl'qd. Office: 115/535, Old Mahabalipuram Road, Okkiam Thoraipakkam, Chennai - 600 097
June 23, 2015

Mr A Srinivas

Hyderabad

Dear A Srinivas,

Congratulations! Subsequent to the discussions we had with you recently, we are pleased to offer you an
appointment in our organization. Please find the details below:

Position: Business Development Manager

Date of Joining: On or before November 1st, 2015

Compensation: Gross compensation of Rs. 5,00,000 /- (Rupees Five Lakhs only) per year
including annual bonus of 2,00,000/-

Notice Period: In case of resignation / termination of services, either party will be required
to give a two month notice in writing

Place of Work Your initial place of work will be at Hyderabad. However, your services are
transferable and you may be assigned, to any location in India or abroad
where the organization or any one of its associates or customers, conducts
business

If you choose to accept this job offer and comply with the terms and existing policies which are modified
from time to time, we request you to confirm your acceptance by signing a copy of the offer letter

Note: Please find the details of the terms & conditions of this offer attached. The details of which are strictly
confidential and should not be shared with anyone.

We congratulate you on your appointment and wish you a long and successful career with GGK.

Sincerely,

Moulikka Singh
HR Manager

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
 Terms and Conditions

1. Working Hours
The organization works 5-6 days a week, 8.5 hours a day. You will be expected to attend office and work
during the hours assigned to you by your leaders. You will be required to work 5 days a week.

2. Confidentiality
You will be required to execute a confidentiality agreement at the time of joining us regarding your
Employment and the business matters of the organization.

3. Authenticity
Please note that this offer is subject to the authenticity of the information and documentation provided by
you. In the event the information provided is proved to be false / untrue, the organization reserves the right
to immediately terminate your services.

4. Educational Qualification
This offer would stand cancelled if you fail to successfully complete your educational degree and do not
meet the percentage criterion as specified during interviews.

5. Permanent Account Number (PAN)

Permanent Account Number (PAN) is mandatory under Income Tax Act for processing salaries. In the
absence of PAN, TDS would be deducted as per the applicable slab rate of Income Tax.

6. Statutory Benefits
Provident Fund: Provident Fund will be deducted from your salary as per EPF Act. The organization will
also contribute a matching amount towards your Provident Fund. The PF related components of the
compensation would be governed by the relevant statutory laws as may be applicable from time to time.
Gratuity: The Gratuity is paid to the associates as per the Gratuity Act, 1972 and would be governed by
the relevant statutory laws and company policy as may be applicable from time to time.

7. Statutory Compliance
Income Tax and Profession Tax or any other payments will be deducted from your salary, applicable as
per statutory laws.

8. Health Insurance
You and your dependents will be covered as per the existing Group Insurance Policy facilitated by the
organization.

9. Drug Test
You will be required to undergo a drug test with the organization on the day of induction. If tested positive
for any of the banned & illegal drugs as per the organization policy, it would result in action leading up to
termination.

10. Background Checks

Background checks (Address, Criminal and Education, Employment or any other check as required by the
organization from time to time) are conducted for all associates. Additionally, Advanced Background
Checks (Address, Criminal and Education& Employment from the time the associate turned 18 till present)
may be conducted for associates depending on the organization policy / business need. If the information
provided by you is misrepresented, the organization would take appropriate action leading upto termination
of employment. Please note that this offer is subject to the authenticity of the information and documentation
provided by you. In the event the information provided is proved to be false / untrue, the organization
reserves the right to immediately terminate your services.

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
June 23, 2015

Mr Avula Madhavi

Hyderabad

Dear Avula Madhavi,

Congratulations! Subsequent to the discussions we had with you recently, we are pleased to offer you an
appointment in our organization. Please find the details below:

Position: Business Development Manager

Date of Joining: On or before November 1st, 2015

Compensation: Gross compensation of Rs. 5,00,000 /- (Rupees Five Lakhs only) per year
including annual bonus of 2,00,000/-

Notice Period: In case of resignation / termination of services, either party will be required
to give a two month notice in writing

Place of Work Your initial place of work will be at Hyderabad. However, your services are
transferable and you may be assigned, to any location in India or abroad
where the organization or any one of its associates or customers, conducts
business

If you choose to accept this job offer and comply with the terms and existing policies which are modified
from time to time, we request you to confirm your acceptance by signing a copy of the offer letter

Note: Please find the details of the terms & conditions of this offer attached. The details of which are strictly
confidential and should not be shared with anyone.

We congratulate you on your appointment and wish you a long and successful career with GGK.

Sincerely,

Moulikka Singh
HR Manager

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
 Terms and Conditions

1. Working Hours
The organization works 5-6 days a week, 8.5 hours a day. You will be expected to attend office and work
during the hours assigned to you by your leaders. You will be required to work 5 days a week.

2. Confidentiality
You will be required to execute a confidentiality agreement at the time of joining us regarding your
Employment and the business matters of the organization.

3. Authenticity
Please note that this offer is subject to the authenticity of the information and documentation provided by
you. In the event the information provided is proved to be false / untrue, the organization reserves the right
to immediately terminate your services.

4. Educational Qualification
This offer would stand cancelled if you fail to successfully complete your educational degree and do not
meet the percentage criterion as specified during interviews.

5. Permanent Account Number (PAN)

Permanent Account Number (PAN) is mandatory under Income Tax Act for processing salaries. In the
absence of PAN, TDS would be deducted as per the applicable slab rate of Income Tax.

6. Statutory Benefits
Provident Fund: Provident Fund will be deducted from your salary as per EPF Act. The organization will
also contribute a matching amount towards your Provident Fund. The PF related components of the
compensation would be governed by the relevant statutory laws as may be applicable from time to time.
Gratuity: The Gratuity is paid to the associates as per the Gratuity Act, 1972 and would be governed by
the relevant statutory laws and company policy as may be applicable from time to time.

7. Statutory Compliance
Income Tax and Profession Tax or any other payments will be deducted from your salary, applicable as
per statutory laws.

8. Health Insurance
You and your dependents will be covered as per the existing Group Insurance Policy facilitated by the
organization.

9. Drug Test
You will be required to undergo a drug test with the organization on the day of induction. If tested positive
for any of the banned & illegal drugs as per the organization policy, it would result in action leading up to
termination.

10. Background Checks

Background checks (Address, Criminal and Education, Employment or any other check as required by the
organization from time to time) are conducted for all associates. Additionally, Advanced Background
Checks (Address, Criminal and Education& Employment from the time the associate turned 18 till present)
may be conducted for associates depending on the organization policy / business need. If the information
provided by you is misrepresented, the organization would take appropriate action leading upto termination
of employment. Please note that this offer is subject to the authenticity of the information and documentation
provided by you. In the event the information provided is proved to be false / untrue, the organization
reserves the right to immediately terminate your services.

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
June 23, 2015

Mr Benjamin Krupakar rao Ch

Hyderabad

Dear Benjamin Krupakar rao Ch,

Congratulations! Subsequent to the discussions we had with you recently, we are pleased to offer you an
appointment in our organization. Please find the details below:

Position: Business Development Manager

Date of Joining: On or before November 1st, 2015

Compensation: Gross compensation of Rs. 5,00,000 /- (Rupees Five Lakhs only) per year
including annual bonus of 2,00,000/-

Notice Period: In case of resignation / termination of services, either party will be required
to give a two month notice in writing

Place of Work Your initial place of work will be at Hyderabad. However, your services are
transferable and you may be assigned, to any location in India or abroad
where the organization or any one of its associates or customers, conducts
business

If you choose to accept this job offer and comply with the terms and existing policies which are modified
from time to time, we request you to confirm your acceptance by signing a copy of the offer letter

Note: Please find the details of the terms & conditions of this offer attached. The details of which are strictly
confidential and should not be shared with anyone.

We congratulate you on your appointment and wish you a long and successful career with GGK.

Sincerely,

Moulikka Singh
HR Manager

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
 Terms and Conditions

1. Working Hours
The organization works 5-6 days a week, 8.5 hours a day. You will be expected to attend office and work
during the hours assigned to you by your leaders. You will be required to work 5 days a week.

2. Confidentiality
You will be required to execute a confidentiality agreement at the time of joining us regarding your
Employment and the business matters of the organization.

3. Authenticity
Please note that this offer is subject to the authenticity of the information and documentation provided by
you. In the event the information provided is proved to be false / untrue, the organization reserves the right
to immediately terminate your services.

4. Educational Qualification
This offer would stand cancelled if you fail to successfully complete your educational degree and do not
meet the percentage criterion as specified during interviews.

5. Permanent Account Number (PAN)

Permanent Account Number (PAN) is mandatory under Income Tax Act for processing salaries. In the
absence of PAN, TDS would be deducted as per the applicable slab rate of Income Tax.

6. Statutory Benefits
Provident Fund: Provident Fund will be deducted from your salary as per EPF Act. The organization will
also contribute a matching amount towards your Provident Fund. The PF related components of the
compensation would be governed by the relevant statutory laws as may be applicable from time to time.
Gratuity: The Gratuity is paid to the associates as per the Gratuity Act, 1972 and would be governed by
the relevant statutory laws and company policy as may be applicable from time to time.

7. Statutory Compliance
Income Tax and Profession Tax or any other payments will be deducted from your salary, applicable as
per statutory laws.

8. Health Insurance
You and your dependents will be covered as per the existing Group Insurance Policy facilitated by the
organization.

9. Drug Test
You will be required to undergo a drug test with the organization on the day of induction. If tested positive
for any of the banned & illegal drugs as per the organization policy, it would result in action leading up to
termination.

10. Background Checks

Background checks (Address, Criminal and Education, Employment or any other check as required by the
organization from time to time) are conducted for all associates. Additionally, Advanced Background
Checks (Address, Criminal and Education& Employment from the time the associate turned 18 till present)
may be conducted for associates depending on the organization policy / business need. If the information
provided by you is misrepresented, the organization would take appropriate action leading upto termination
of employment. Please note that this offer is subject to the authenticity of the information and documentation
provided by you. In the event the information provided is proved to be false / untrue, the organization
reserves the right to immediately terminate your services.

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
June 23, 2015

Ms Chettipalli Anusha

Hyderabad

Dear Ms Chettipalli Anusha,

Congratulations! Subsequent to the discussions we had with you recently, we are pleased to offer you an
appointment in our organization. Please find the details below:

Position: Business Development Manager

Date of Joining: On or before November 1st, 2015

Compensation: Gross compensation of Rs. 5,00,000 /- (Rupees Five Lakhs only) per year
including annual bonus of 2,00,000/-

Notice Period: In case of resignation / termination of services, either party will be required
to give a two month notice in writing

Place of Work Your initial place of work will be at Hyderabad. However, your services are
transferable and you may be assigned, to any location in India or abroad
where the organization or any one of its associates or customers, conducts
business

If you choose to accept this job offer and comply with the terms and existing policies which are modified
from time to time, we request you to confirm your acceptance by signing a copy of the offer letter

Note: Please find the details of the terms & conditions of this offer attached. The details of which are strictly
confidential and should not be shared with anyone.

We congratulate you on your appointment and wish you a long and successful career with GGK.

Sincerely,

Moulikka Singh
HR Manager

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
 Terms and Conditions

1. Working Hours
The organization works 5-6 days a week, 8.5 hours a day. You will be expected to attend office and work
during the hours assigned to you by your leaders. You will be required to work 5 days a week.

2. Confidentiality
You will be required to execute a confidentiality agreement at the time of joining us regarding your
Employment and the business matters of the organization.

3. Authenticity
Please note that this offer is subject to the authenticity of the information and documentation provided by
you. In the event the information provided is proved to be false / untrue, the organization reserves the right
to immediately terminate your services.

4. Educational Qualification
This offer would stand cancelled if you fail to successfully complete your educational degree and do not
meet the percentage criterion as specified during interviews.

5. Permanent Account Number (PAN)

Permanent Account Number (PAN) is mandatory under Income Tax Act for processing salaries. In the
absence of PAN, TDS would be deducted as per the applicable slab rate of Income Tax.

6. Statutory Benefits
Provident Fund: Provident Fund will be deducted from your salary as per EPF Act. The organization will
also contribute a matching amount towards your Provident Fund. The PF related components of the
compensation would be governed by the relevant statutory laws as may be applicable from time to time.
Gratuity: The Gratuity is paid to the associates as per the Gratuity Act, 1972 and would be governed by
the relevant statutory laws and company policy as may be applicable from time to time.

7. Statutory Compliance
Income Tax and Profession Tax or any other payments will be deducted from your salary, applicable as
per statutory laws.

8. Health Insurance
You and your dependents will be covered as per the existing Group Insurance Policy facilitated by the
organization.

9. Drug Test
You will be required to undergo a drug test with the organization on the day of induction. If tested positive
for any of the banned & illegal drugs as per the organization policy, it would result in action leading up to
termination.

10. Background Checks

Background checks (Address, Criminal and Education, Employment or any other check as required by the
organization from time to time) are conducted for all associates. Additionally, Advanced Background
Checks (Address, Criminal and Education& Employment from the time the associate turned 18 till present)
may be conducted for associates depending on the organization policy / business need. If the information
provided by you is misrepresented, the organization would take appropriate action leading upto termination
of employment. Please note that this offer is subject to the authenticity of the information and documentation
provided by you. In the event the information provided is proved to be false / untrue, the organization
reserves the right to immediately terminate your services.

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
June 23, 2015

Mr Dadaipally Sai Kiran

Hyderabad

Dear Dadaipally Sai Kiran,

Congratulations! Subsequent to the discussions we had with you recently, we are pleased to offer you an
appointment in our organization. Please find the details below:

Position: Business Development Manager

Date of Joining: On or before November 1st, 2015

Compensation: Gross compensation of Rs. 5,00,000 /- (Rupees Five Lakhs only) per year
including annual bonus of 2,00,000/-

Notice Period: In case of resignation / termination of services, either party will be required
to give a two month notice in writing

Place of Work Your initial place of work will be at Hyderabad. However, your services are
transferable and you may be assigned, to any location in India or abroad
where the organization or any one of its associates or customers, conducts
business

If you choose to accept this job offer and comply with the terms and existing policies which are modified
from time to time, we request you to confirm your acceptance by signing a copy of the offer letter

Note: Please find the details of the terms & conditions of this offer attached. The details of which are strictly
confidential and should not be shared with anyone.

We congratulate you on your appointment and wish you a long and successful career with GGK.

Sincerely,

Moulikka Singh
HR Manager

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
 Terms and Conditions

1. Working Hours
The organization works 5-6 days a week, 8.5 hours a day. You will be expected to attend office and work
during the hours assigned to you by your leaders. You will be required to work 5 days a week.

2. Confidentiality
You will be required to execute a confidentiality agreement at the time of joining us regarding your
Employment and the business matters of the organization.

3. Authenticity
Please note that this offer is subject to the authenticity of the information and documentation provided by
you. In the event the information provided is proved to be false / untrue, the organization reserves the right
to immediately terminate your services.

4. Educational Qualification
This offer would stand cancelled if you fail to successfully complete your educational degree and do not
meet the percentage criterion as specified during interviews.

5. Permanent Account Number (PAN)

Permanent Account Number (PAN) is mandatory under Income Tax Act for processing salaries. In the
absence of PAN, TDS would be deducted as per the applicable slab rate of Income Tax.

6. Statutory Benefits
Provident Fund: Provident Fund will be deducted from your salary as per EPF Act. The organization will
also contribute a matching amount towards your Provident Fund. The PF related components of the
compensation would be governed by the relevant statutory laws as may be applicable from time to time.
Gratuity: The Gratuity is paid to the associates as per the Gratuity Act, 1972 and would be governed by
the relevant statutory laws and company policy as may be applicable from time to time.

7. Statutory Compliance
Income Tax and Profession Tax or any other payments will be deducted from your salary, applicable as
per statutory laws.

8. Health Insurance
You and your dependents will be covered as per the existing Group Insurance Policy facilitated by the
organization.

9. Drug Test
You will be required to undergo a drug test with the organization on the day of induction. If tested positive
for any of the banned & illegal drugs as per the organization policy, it would result in action leading up to
termination.

10. Background Checks

Background checks (Address, Criminal and Education, Employment or any other check as required by the
organization from time to time) are conducted for all associates. Additionally, Advanced Background
Checks (Address, Criminal and Education& Employment from the time the associate turned 18 till present)
may be conducted for associates depending on the organization policy / business need. If the information
provided by you is misrepresented, the organization would take appropriate action leading upto termination
of employment. Please note that this offer is subject to the authenticity of the information and documentation
provided by you. In the event the information provided is proved to be false / untrue, the organization
reserves the right to immediately terminate your services.

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
June 23, 2015

Mr K Madhava Chary

Hyderabad

Dear K Madhava Chary,

Congratulations! Subsequent to the discussions we had with you recently, we are pleased to offer you an
appointment in our organization. Please find the details below:

Position: Business Development Manager

Date of Joining: On or before November 1st, 2015

Compensation: Gross compensation of Rs. 5,00,000 /- (Rupees Five Lakhs only) per year
including annual bonus of 2,00,000/-

Notice Period: In case of resignation / termination of services, either party will be required
to give a two month notice in writing

Place of Work Your initial place of work will be at Hyderabad. However, your services are
transferable and you may be assigned, to any location in India or abroad
where the organization or any one of its associates or customers, conducts
business

If you choose to accept this job offer and comply with the terms and existing policies which are modified
from time to time, we request you to confirm your acceptance by signing a copy of the offer letter

Note: Please find the details of the terms & conditions of this offer attached. The details of which are strictly
confidential and should not be shared with anyone.

We congratulate you on your appointment and wish you a long and successful career with GGK.

Sincerely,

Moulikka Singh
HR Manager

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
 Terms and Conditions

1. Working Hours
The organization works 5-6 days a week, 8.5 hours a day. You will be expected to attend office and work
during the hours assigned to you by your leaders. You will be required to work 5 days a week.

2. Confidentiality
You will be required to execute a confidentiality agreement at the time of joining us regarding your
Employment and the business matters of the organization.

3. Authenticity
Please note that this offer is subject to the authenticity of the information and documentation provided by
you. In the event the information provided is proved to be false / untrue, the organization reserves the right
to immediately terminate your services.

4. Educational Qualification
This offer would stand cancelled if you fail to successfully complete your educational degree and do not
meet the percentage criterion as specified during interviews.

5. Permanent Account Number (PAN)

Permanent Account Number (PAN) is mandatory under Income Tax Act for processing salaries. In the
absence of PAN, TDS would be deducted as per the applicable slab rate of Income Tax.

6. Statutory Benefits
Provident Fund: Provident Fund will be deducted from your salary as per EPF Act. The organization will
also contribute a matching amount towards your Provident Fund. The PF related components of the
compensation would be governed by the relevant statutory laws as may be applicable from time to time.
Gratuity: The Gratuity is paid to the associates as per the Gratuity Act, 1972 and would be governed by
the relevant statutory laws and company policy as may be applicable from time to time.

7. Statutory Compliance
Income Tax and Profession Tax or any other payments will be deducted from your salary, applicable as
per statutory laws.

8. Health Insurance
You and your dependents will be covered as per the existing Group Insurance Policy facilitated by the
organization.

9. Drug Test
You will be required to undergo a drug test with the organization on the day of induction. If tested positive
for any of the banned & illegal drugs as per the organization policy, it would result in action leading up to
termination.

10. Background Checks

Background checks (Address, Criminal and Education, Employment or any other check as required by the
organization from time to time) are conducted for all associates. Additionally, Advanced Background
Checks (Address, Criminal and Education& Employment from the time the associate turned 18 till present)
may be conducted for associates depending on the organization policy / business need. If the information
provided by you is misrepresented, the organization would take appropriate action leading upto termination
of employment. Please note that this offer is subject to the authenticity of the information and documentation
provided by you. In the event the information provided is proved to be false / untrue, the organization
reserves the right to immediately terminate your services.

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
June 23, 2015

Mr K Srikanth

Hyderabad

Dear K Srikanth,

Congratulations! Subsequent to the discussions we had with you recently, we are pleased to offer you an
appointment in our organization. Please find the details below:

Position: Business Development Manager

Date of Joining: On or before November 1st, 2015

Compensation: Gross compensation of Rs. 5,00,000 /- (Rupees Five Lakhs only) per year
including annual bonus of 2,00,000/-

Notice Period: In case of resignation / termination of services, either party will be required
to give a two month notice in writing

Place of Work Your initial place of work will be at Hyderabad. However, your services are
transferable and you may be assigned, to any location in India or abroad
where the organization or any one of its associates or customers, conducts
business

If you choose to accept this job offer and comply with the terms and existing policies which are modified
from time to time, we request you to confirm your acceptance by signing a copy of the offer letter

Note: Please find the details of the terms & conditions of this offer attached. The details of which are strictly
confidential and should not be shared with anyone.

We congratulate you on your appointment and wish you a long and successful career with GGK.

Sincerely,

Moulikka Singh
HR Manager

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
 Terms and Conditions

1. Working Hours
The organization works 5-6 days a week, 8.5 hours a day. You will be expected to attend office and work
during the hours assigned to you by your leaders. You will be required to work 5 days a week.

2. Confidentiality
You will be required to execute a confidentiality agreement at the time of joining us regarding your
Employment and the business matters of the organization.

3. Authenticity
Please note that this offer is subject to the authenticity of the information and documentation provided by
you. In the event the information provided is proved to be false / untrue, the organization reserves the right
to immediately terminate your services.

4. Educational Qualification
This offer would stand cancelled if you fail to successfully complete your educational degree and do not
meet the percentage criterion as specified during interviews.

5. Permanent Account Number (PAN)

Permanent Account Number (PAN) is mandatory under Income Tax Act for processing salaries. In the
absence of PAN, TDS would be deducted as per the applicable slab rate of Income Tax.

6. Statutory Benefits
Provident Fund: Provident Fund will be deducted from your salary as per EPF Act. The organization will
also contribute a matching amount towards your Provident Fund. The PF related components of the
compensation would be governed by the relevant statutory laws as may be applicable from time to time.
Gratuity: The Gratuity is paid to the associates as per the Gratuity Act, 1972 and would be governed by
the relevant statutory laws and company policy as may be applicable from time to time.

7. Statutory Compliance
Income Tax and Profession Tax or any other payments will be deducted from your salary, applicable as
per statutory laws.

8. Health Insurance
You and your dependents will be covered as per the existing Group Insurance Policy facilitated by the
organization.

9. Drug Test
You will be required to undergo a drug test with the organization on the day of induction. If tested positive
for any of the banned & illegal drugs as per the organization policy, it would result in action leading up to
termination.

10. Background Checks

Background checks (Address, Criminal and Education, Employment or any other check as required by the
organization from time to time) are conducted for all associates. Additionally, Advanced Background
Checks (Address, Criminal and Education& Employment from the time the associate turned 18 till present)
may be conducted for associates depending on the organization policy / business need. If the information
provided by you is misrepresented, the organization would take appropriate action leading upto termination
of employment. Please note that this offer is subject to the authenticity of the information and documentation
provided by you. In the event the information provided is proved to be false / untrue, the organization
reserves the right to immediately terminate your services.

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
June 23, 2015

Ms Boorla Rani

Hyderabad

Dear Ms Boorla Rani,

Congratulations! Subsequent to the discussions we had with you recently, we are pleased to offer you an
appointment in our organization. Please find the details below:

Position: Business Development Manager

Date of Joining: On or before November 1st, 2015

Compensation: Gross compensation of Rs. 5,00,000 /- (Rupees Five Lakhs only) per year
including annual bonus of 2,00,000/-

Notice Period: In case of resignation / termination of services, either party will be required
to give a two month notice in writing

Place of Work Your initial place of work will be at Hyderabad. However, your services are
transferable and you may be assigned, to any location in India or abroad
where the organization or any one of its associates or customers, conducts
business

If you choose to accept this job offer and comply with the terms and existing policies which are modified
from time to time, we request you to confirm your acceptance by signing a copy of the offer letter

Note: Please find the details of the terms & conditions of this offer attached. The details of which are strictly
confidential and should not be shared with anyone.

We congratulate you on your appointment and wish you a long and successful career with GGK.

Sincerely,

Moulikka Singh
HR Manager

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
 Terms and Conditions

1. Working Hours
The organization works 5-6 days a week, 8.5 hours a day. You will be expected to attend office and work
during the hours assigned to you by your leaders. You will be required to work 5 days a week.

2. Confidentiality
You will be required to execute a confidentiality agreement at the time of joining us regarding your
Employment and the business matters of the organization.

3. Authenticity
Please note that this offer is subject to the authenticity of the information and documentation provided by
you. In the event the information provided is proved to be false / untrue, the organization reserves the right
to immediately terminate your services.

4. Educational Qualification
This offer would stand cancelled if you fail to successfully complete your educational degree and do not
meet the percentage criterion as specified during interviews.

5. Permanent Account Number (PAN)

Permanent Account Number (PAN) is mandatory under Income Tax Act for processing salaries. In the
absence of PAN, TDS would be deducted as per the applicable slab rate of Income Tax.

6. Statutory Benefits
Provident Fund: Provident Fund will be deducted from your salary as per EPF Act. The organization will
also contribute a matching amount towards your Provident Fund. The PF related components of the
compensation would be governed by the relevant statutory laws as may be applicable from time to time.
Gratuity: The Gratuity is paid to the associates as per the Gratuity Act, 1972 and would be governed by
the relevant statutory laws and company policy as may be applicable from time to time.

7. Statutory Compliance
Income Tax and Profession Tax or any other payments will be deducted from your salary, applicable as
per statutory laws.

8. Health Insurance
You and your dependents will be covered as per the existing Group Insurance Policy facilitated by the
organization.

9. Drug Test
You will be required to undergo a drug test with the organization on the day of induction. If tested positive
for any of the banned & illegal drugs as per the organization policy, it would result in action leading up to
termination.

10. Background Checks

Background checks (Address, Criminal and Education, Employment or any other check as required by the
organization from time to time) are conducted for all associates. Additionally, Advanced Background
Checks (Address, Criminal and Education& Employment from the time the associate turned 18 till present)
may be conducted for associates depending on the organization policy / business need. If the information
provided by you is misrepresented, the organization would take appropriate action leading upto termination
of employment. Please note that this offer is subject to the authenticity of the information and documentation
provided by you. In the event the information provided is proved to be false / untrue, the organization
reserves the right to immediately terminate your services.

Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
Guru Gowri Krupa Technologies Pvt Ltd, Plot No. 59, Road No. 71, Jubilee Hills, Hyderabad-500034
www.ggktech.com, Ph: +91-40-39828190/23546697
MARUTI SUZUKI INDIA LTD (MSIL)
Head Office Maruti Suzuki,
India Limited Nelson Mandela Road,
Vasant Kunj, New Delhi-110070
Board no.46781000

Dear Mr.Madige hari babu,

REF: "MARUTI SUZUKI" DIRECT RECRUITMENTS OFFER.

It is our good pleasure to inform you that your Resume has been selected
for our new plant. The Company selected 62 candidates list for Senior
Engineer, IT, Administration, Production, marketing and general service
Departments, as well as Company offered you to join as an
Executive/Manager post in respective department. You are selected
according to your resume in which Project you have worked on according to
that you have been selected in Company. The SUZUKI Company is the best
Manufacturing Car Company in India; The Company is recruiting the
candidates for our new plant in Pune, Bangalore, hyd and Mumbai.

Your Appointment Process will be held at Company HR - office in Nelson

Mandela Road,Vasant Kunj Delhi – from 12th of AUGUST 2015.

You will be pleased to know that Company has advise you in the selection
panel that your Application can be progress to final stage. You will come to
Company HR office in Delhi. Your offer letter with Air Ticket will be send to
you by courier before date of interview. The Company can be offering you as
salary with benefits for this post 50,000/- to 4, 00,000/- P.M. + (HRA + D.A +
Conveyance and other Company benefits. The designation and Job Location
will be fixing by Company HRD at time of final process. You have to come with
photo-copies of all required documents.

REQUIRED DOCUMENTS BY THE COMPANY HRD.

1) Photo-copies of Qualification Documents.

2) Photo-copies of Experience Certificates (If any)

3) Two Passport Size Photograph

You are to make a REFUNDABLE cash security deposit of Rs.15, 800/-(Fifteen

Thousand Eight Hundred Rupees) as an initial amount in favor of our company
accountant name in charge of collecting payment. This payment covers
Registration, Interview, insurance, Processing & Maintenance charges. The
refundable interview security deposit of Rs. 15,800/- should by paid through
any [STATE BANK OF INDIA] Branch closer to you to our company hrd
accounting officer in charge. Account information of our hrd senior
accountant will be provided upon your email reply.

REASONS FOR INTERVIEW SECURITY DEPOSIT: This is a measure we have

taken to check bogus applications from unserious candidate who applies for
job and we send them offer letter and air ticket and also make the above
mentioned arrangements in other to give them a comfortable interview and
they fail to appear for interview which is a huge loss to the company and the
interview becomes shabby and hence we fail to recruit the needed manpower.
But with your security deposit we will be assured that our expenses will not
be wasted.

Please do comply with us as your refundable security deposit will be

returned to you in cash immediately after the interview is over at the very
premises of the interview.

NB: You are advised to reconfirm your mailing address and phone number in
your reply and also send scanned copy of payment receipt after deposit. This
Company will be responsible for all other expenditure to you at the time of
face-to-face meeting with you in the Company.
The Job profile, salary offer, and date -time of interview will be mentioned in
your offer letter.

IMPORTANT NOTICE:

Last date for security deposit is 11th of may 2012. The earlier the deposit is
made the earlier your position will be secured by the Company HRD -direct
recruitment manager.

Regards,

MARUTI SUZUKI INDIA LTD (MSIL)