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WINSPARK INNOVATIONS LEARNING PVT LTD.

1108-1109, 11th floor, JMD Megapolis, Sohna Road, Gurgaon


http://www.planetspark.in

Offer Letter

Date: 18/03/2021

To Mayank Guleria

Employee Code: _PS01461

Dear Mayank

Sub: Offer Letter

We are pleased to appoint you in our organization as a Business Development


Counsellor with effect from 23rd March 2021.You will be based out of Planet Spark
office at 1108-1109, 11th Floor.JMD Megapolis, Sohna Road, Gurgaon
Your shift timing will be 8:00 PM- 5:30 AM

You will be paid gross emoluments and incentives as detailed in Annexure – A.

Your employment with us will be governed by the Terms & Conditions as detailed in
Annexure – B.

Your offer has been made based on information furnished by you. However, if there is a
discrepancy in the copies of documents or certificates given by you as a proof of above
we retain the right to review our offer of employment.

Please sign and return duplicate copy of this letter in token of your acceptance.

We congratulate you on your appointment and wish you a long and successful career
with us. We are confident that your contribution will take us further in our journey
towards sparking the joy of learning in every child in India. We assure you of our
support for your professional development and growth.
Yours truly,

For WINSPARK INNOVATIONS LEARNING PRIVATE LIMITED.

AUTHORIZED SIGNATORY
Encl.: As above
Annexure – A

Emoluments can be bifurcated as under:

Particulars Monthly Yearly


Basic Pay 15600 187200
House Rent Allowance 7800 93600
Medical Allowance 2000 24000
Supplementary Allowance 7000 84000
Shift Allowance 5000 60000
Gross Salary 37400 448800
*Performance Linked Incentive based on Individual
20000 240000
Target
Employer PF Contribution 1800 21600
Total CTC 710400

During first month fixed component will be 20000 INR and second month
onwards CTC will be revised according to annexure A.

Annexure – B

1. Personal Particulars:
You will keep us informed of any change in your residential address, your family
status or any other relevant particulars. You would also let us know the name and
address of your legal heir/nominee.

2. Probation
You will be in probation period of 21 days from the date of joining and will not
be confirmed if you are unable to get license to sell i.e. successfully complete the
training within 21 days of joining

3. Nature of Work:
You will work at high standard of initiative, creativeness, efficiency and economy
in the organization. The nature of work and responsibilities within Business
Development Counsellor will be assigned and explained to you from time to
time.

4. Training:
You will hold yourself in readiness for any training at any place whenever
required. Such training would be imparted to you at the company’s expense.

5. Intellectual Property Right:


If during the period of your employment with us you achieve any invention,
process improvement, operational improvement, or other process/method likely to
result in more efficient operation of any of the activities of the company, the
company shall be entitled to use and utilize such improvement and you shall
assign all rights thereof to the company for the purpose of seeking any patent
rights or for any other purpose. The company shall have the sole ownership rights
of all the intellectual property rights that you may create during the tenure of
association with the company including but not limited to the creative concept
that you may develop during your association with the company.

6. Secrecy/Confidentiality:
You will not during the course of your employment with the company or at any
time there after divulge or disclose to any person whomsoever, make any use
whatsoever for your own purpose or for any other purpose other than that of the
company, of any information or knowledge obtained by you during your
employment as to the business or affairs of the company including development,
process reports and reporting system and you will during the course of your
employment hereunder also use your best endeavour to prevent any other person
from doing so.

7. Annual Leave:
You will be entitled to 4 annual leaves for every completed quarter at the
company.

8. Termination of Service:
Either party can terminate this employment by serving a notice of one week on
the other.

9. Appointment in Good Faith:


It must be specifically understood that this offer is made based on your
proficiency on technical/professional skills you have declared to possess as per
your application for employment and your ability to handle any assignment/job
independently.

The above terms and conditions are based on the company’s policy, procedures
and other rules currently applicable in India and are subject to amendments and
adjustments from time to time. In all matter including those not specifically
covered here such as traveling, retirement, etc. you will be governed by the rules
of the company as shall be in force from time to time.

Sincerely,
For and on behalf of WINSPARK INNOVATIONS LEARNING PVT LTD
“I hereby accept this offer and I Confirm that I have signed out of the placement process”

Signature Date

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