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Info webtech software solutions

May 11, 2015

Appointment
Dear Megala,

We have pleasure in appointing you as Software Trainee in our organization, effective 11/5/2015 on the
following terms and conditions:

1. Placement & Compensation


You will be placed in the appropriate band/responsibility level of the Company, and will be
entitled to compensation (salary and other applicable benefits) as detailed in Annexure A.
Compensation will be governed by the rules of the Company on the subject, as applicable and/or amended
hereafter.

2. Salary revision
Your salary will be reviewed on December 1st of each year, or at such other time as the
Management may decide. Salary revisions are discretionary and will be subject to, and on the basis of,
effective performance and results.

3. Posting & Transfer


Your initial posting will be at Krishnagiri. However, your services are liable to be transferred,
at the sole discretion of Management, in such other capacity as the company may determine, to any
department / section, location, associate, sister concern or subsidiary, at any place in India or abroad,
whether existing today or which may come up in future. In such a case, you will be governed by the terms
and conditions of the service applicable at the new placement location.
4. Full time employment
Your position is a whole time employment with the Company and you shall devote yourself
exclusively to the business and interests of the company. You will not take up any other work for
remuneration (part time or otherwise) or work in an advisory capacity, or be interested directly or
indirectly (except as shareholder / debenture holder), in any other trade or business during your
employment with the company, without permission in writing of the Board of Directors of the Company.
You will also not seek membership of any local or public bodies without first obtaining specific
permission from the Management.
5. Confidentiality
You will not, at any time, during the employment or after, without the consent of the Board of
Directors disclose or divulge or make public, except on legal obligations, any information regarding the

Companys affairs or administration or research carried out, whether the same is confided to you or
becomes known to you in the course of your service or otherwise.
6. Intellectual Property
If you conceive any new or advanced method of improving designs/ processes/ formulae/
systems, etc. in relation to the business/ operations of the Company, such developments will be fully
communicated to the company and will be, and remain, the sole right/ property of the Company.
7. Responsibilities & Duties
Your work in the organization will be subject to the rules and regulations of the organization as
laid down in relation to conduct, discipline and other matters. You will always be alive to responsibilities
and duties attached to your office and conduct yourself accordingly. You must effectively perform to
ensure results.
8. Past Records
If any declaration given, or information furnished by you, to the company proves to be false, or if
you are found to have willfully suppressed any material information, in such cases, you will be liable to
removal from services without any notice.
9. Retirement
The retirement age is 58 years. You will retire from the employment of the Company at the end
of the month in which you attain 58 years of age.
10. Termination of employment
Your services may be terminated on either side by giving one months notice or salary in lieu
thereof. However, on confirmation the services can be terminated from either side by giving One months
(30 days) notice or salary in lieu thereof.
Upon termination of employment, you will immediately hand over to the Company all
correspondence, specifications, formulae, books, documents, market data, cost data, drawings, affects or
records belonging to the Company or relating to its business and shall not retain or make copies of these
items.

11. Medical Fitness


This appointment is subject to your being, and remaining, medically fit.
Please confirm your acceptance of the appointment on the above terms and conditions by signing
and returning this letter for our records.
Yours faithfully,
I have read the terms and conditions of this letter of appointment and confirm my acceptance of
the same.

(Signature and Date)

ANNEXURE A: COMPENSATION DETAILS (Salary & applicable benefits)

Name

Address of Residing

Designation
Date of joining
Location

:
:
:

Megala

119,
Railway
colony
Gandhi Road,
Krishnagiri
635 001.
Software Trainee
11/5/2015
Krishnagiri

a) Remuneration
2nd month 4th month
:
th

st

5 month- end of 1 year

Rs. 7000/- per


month
Rs. 10,000/- per
month

b) Leave
You will be allowed to have a Leave of One Day per Month and two hours of permission, any
more absentees or leave will be considered as Loss of Pay

--------------------------------------------------------------------------------------------------------------------Note:
It is expected that individual compensation package would not be shared with other employees.

The above compensation structure is subject to change without affecting emoluments adversely.

Applicable tax would be borne by the employee.

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