EMPLOYMENT AGREEMENT

This Employment Agreement (“Agreement”) is made on 28-Sep-2023 by and between:

TaskUs India Private Limited, a private limited company incorporated under the provisions of the
Companies Act, 1956/2013 and having its CIN: U74999MH2019FTC318980 and Registered Office:
1102 Level 11, Tower B, Peninsula Business Park, S.B. Road, Lower Parel, Mumbai 400013, India.
Hereinafter referred to as “Company”, which expression shall, unless it is contrary to the context or
meaning thereof, be deemed to mean and include its successors and assigns; and

Lovepreet residing at S/O Indrajeet Singh, Pipliyarav, Pipliyarav, Indore, Indore, Madhya Pradesh -
452001, with identification type Aadhar (Aadhar/Passport/Driving License) and no. 333061520168
hereinafter referred to as the “Employee”.

The Company and Employee shall hereinafter jointly be referred to as the “Parties” and severally as the
“Party”.

Recitals:

A. Whereas, the Company is engaged in the business of, inter alia, business process outsourcing
(“Business”); and

B. Based on the disclosures and representations made by the Employee, including, but not limited
to, academic education, background and work experience, the Company desires to engage the
Employee and the Employee desires employment at the Company; upon the terms and
conditions contained in this Agreement and the Company’s Policies (as defined hereinafter).

NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL PROMISES SET FORTH HEREIN, THE
COMPANY AND THE EMPLOYEE HEREBY AGREE AS FOLLOWS:

1. DEFINITIONS AND INTERPRETATION

In this Agreement:

1.1 “Affiliate” means any Person that directly or indirectly through one or more intermediaries,
controls or is controlled by or is under the common control as that of the Company;

1.2 “Competitor” means and includes all such Persons whether domestic or foreign, which carry on
or which are likely to carry on business similar to the Business as defined herein above and/or
directly or indirectly compete or have the potential to compete with the Company;

1.3 “Confidential Information” means and includes, information which is confidential and proprietary
to the Company and/or Affiliates and/or to certain third parties with which the Company and/or
Affiliates has relationships, and disclosed to or obtained by the Employee from the Company
and/or Affiliates and/or such third parties, whether (without limitation) in graphic, written,
electronic or machine readable form on any media or orally and whether or not the information is
expressly stated to be confidential or marked as such and includes, but is not limited to
information of value or significance to the Company and/or Affiliates and/or its Competitors
(present or potential) such as Company’s Intellectual Property; content; data; techniques; plans;
designs; programs; customer information; identity and job descriptions of Company personnel;
the Company’s organizational structure; financing relationships or terms; service provider or
vendor relationships or terms; processes; methodologies; compensation or bonus data; the terms
of this Agreement; or other information not in the public domain pertaining to the Business or
 affairs of the Company or of any of its Affiliates; but does not include information: (i) that is in the
public domain other than by Employee’s breach of this Agreement and/or of any other agreement

to which the Employee is bound by; (ii) that was previously known by Employee, as established
by written records of the Employee prior to receipt of such information from the Company and (iii)
that was lawfully obtained by the Employee from a third party without any obligations of
confidentiality to Company;

1.4 “Company Policies” shall mean the policies and procedures of the Company as specified in
Clause 10 of this Agreement;

1.5 “Intellectual Property” includes ideas, concepts, creations, discoveries, inventions,

improvements, know how, trade or business secrets; trademarks, service marks, designs, utility
models, tools, devices, models, methods, procedures, processes, systems, principles, algorithms,
works of authorship, flowcharts, drawings, books, papers, models, sketches, formulas, teaching
techniques, electronic codes, proprietary techniques, research projects, and other confidential
and proprietary information, computer programming code, databases, software programs, data,
documents, instruction manuals, records, memoranda, notes, user guides; in either printed or
machine-readable form, the whether or not copyrightable or patentable, or any written or verbal
instructions or comments;

1.6 “Intellectual Property Rights” or “IPRs” include (i) all rights, title, and interest under any statute
or under common law including patent rights; copyrights including moral rights; and any similar
rights in respect of Intellectual Property, anywhere in the world, whether negotiable or not; (ii) any
licenses, permissions and grants in connection therewith; (iii) applications for any of the foregoing
and the right to apply for them in any part of the world; (iv) right to obtain and hold appropriate
registrations in Intellectual Property and, (v) all extensions and renewals thereof; (vi) causes of
action in the past, present or future, related thereto including the rights to damages and profits,
due or accrued, arising out of past, present or future infringements or violations thereof and the
right to sue for and recover the same;

1.7 “Person” or “Persons” means an individual, corporation, partnership, limited liability company,
association, trust or other entity or organization, including a government or political subdivision or
an agency or instrumentality thereof that is not a party to this Agreement;

1.8 “Property” includes, but is not limited to the:

1.8.1 internal memoranda, computer equipment (including software), training materials, books,
and all other like property, including all copies, duplications, replications, and derivatives
of such property which embody Confidential Information and Intellectual Property or any
other information concerning the Business of the Company, whether such documents
have been prepared by the Company or any other Person;

1.8.2 papers, blueprints, drawings, specifications, pen drives, laptops, keys, pass cards,
identification cards, photographs, charts, graphs, notebooks, customer lists, computer
disks, tapes or printouts, sound recordings and other printed, typewritten or handwritten
documents, sample products, prototypes and models or any other property belonging to
the Company and/or its Affiliates.

1.8.3 any residential accommodation, automobile, furniture, fixtures, fittings and furnishings,
communication equipment, and all other items; and,
 1.8.4 any tangible expression of Confidential Information, including, without limitation,
photographs, plans, notes, renderings, journals, notebooks, computer programs and
samples relating thereto;

1.9 Unless the context of this Agreement otherwise requires (i) words of any gender include each
other gender; (ii) words using the singular or plural number also include the plural or singular
number, respectively; (iii) the terms “hereof,” “herein,” “hereby” and derivative or similar words

refer to this entire Agreement; (iv) whenever this Agreement refers to a number of days, such
number shall refer to calendar days unless otherwise specified; (v) headings are used for
convenience only and shall not affect the interpretation of this Agreement; and (vi) references to
the Recitals, Clauses and Appendices shall be deemed to be a reference to the recitals, clauses
and appendices of this Agreement.

2. CONDITIONAL EMPLOYMENT, DESIGNATION AND PROBATIONARY PERIOD

2.1 The Company hereby employs the Employee as Title/Designation Teammate at location
(Complete Site Address) Plot number 5, Sector 82, Airport Rd, Sector 82, Sector 73,
Sahibzada Ajit Singh Nagar (Mohali), Punjab 160055 upon the terms and conditions set forth in
this Agreement and the Company Policies, with effect from 28-Sep-2023 or such other date as
may be mutually agreed (“Date of Employment”). The Employee shall initially report into Team
Leader.

2.2 Notwithstanding the aforesaid or anything to the contrary, the Employee’s employment with the
Company is contingent upon (1) successful completion by the Company of the Employee’s
background and reference checks; (2) the Employee’s full and complete disclosure to the
Company of any and all agreements (non-competition, non-solicitation, employment,
confidentiality or otherwise) with any prior employer, clients, principals, partners or others which in
any way may limit the Employee either contractually or otherwise from engaging in any business
activities required or contemplated by the Company in this Agreement; and (3) there being no
pending claims, actions, suits or proceedings against the Employee which might reasonably be
expected to have an adverse effect on the Employee’s ability to perform his/her duties towards
the Company hereunder and/or on the Company. The Company reserves the right to terminate
the Employee’s employment without any obligation whatsoever in the event that it receives any
negative background or reference check results or determines that any contractual or other
obligation may limit the Employee’s ability to engage in business activities for the Company or if
the Employee is found to be part of any pending investigation (whether judicial, quasi-judicial or
otherwise).

2.3 The Employee’s employment with the Company will be subject to a probationary period of 90
days. After 90 days, an employee shall be deemed to be confirmed and out of probationary
period unless the Company extends the period of probation in writing. The Company may, at its
sole discretion, extend this probationary period for whatever period the Company deems
appropriate. Notwithstanding anything aforesaid, if the Employee is serving his/her probationary
period, the employment can be terminated by the Company immediately, without giving any
notice to the Employee. However, in case the Employee wishes to terminate the Employment
during such period, the Employee shall give at least seven (7) days’ written notice to the
Company. In such an event, the Company may, at its sole discretion, permit the Employee to
leave service during the period of notice without any salary in lieu of notice or pro-rated salary for
the balance notice period as per this Clause.

3. DUTIES AND RESPONSIBILITIES, TRANSFER, CONFLICTS, ETC.

3.1 The Employee hereby agrees and undertakes to perform various duties and undertake various
responsibilities as may be required by the Employee’s reporting officers, from time to time. The
Employee is expected and required to devote the whole of his/her working time and attention to
the Company to the best of his/her skills and abilities to promote the interests and welfare of the
Company.

3.2 The Employee’s regular expected working hours shall be up to 10 hours per day and 48 hours
per week. The Employee acknowledges and agrees that his/her remuneration detailed in Clause
4 sufficiently covers any and all working hours necessary for the successful completion of the job
duties and the business needs of the Company.

3.3 The Company may, at its sole discretion, second, depute, assign and/or transfer the Employee to
any other office of Company in India or overseas or to any Affiliates of the Company or to any

third parties. The Employee may also be required to make visits and travel both within India and
overseas, as may be necessary for the proper discharge of his/her duties.

3.4 While in the employment of the Company, the Employee is not allowed to be employed in any
other organization on a permanent, temporary or part-time basis or offer his/her services with or
without consideration to any physical person, legal entity or public authority or be occupied in the
Employee’s own business, without the prior written consent of the Company. The Employee shall
comply with all directions given to the Employee by the Company and faithfully observe all the
rules, regulations, and arrangements applicable to the Employee.

3.5 The Employee is required to disclose in writing to the Company all of the Employee’s business
interests, if any, whether or not they are similar to or in conflict with the business(es) or activities
of the Company and all circumstances, in respect of which there is or there might in the future be
a conflict of interest between the Company and the Employee or any of Employee’s immediate
relatives. The Employee agrees to disclose fully to the Company in writing any such interests or
circumstances, which may arise during Employee’s employment immediately upon accruing of
such interest or occurring of any such circumstances.

3.6 During the term of the Employee’s employment with the Company, the Employee is required to be
medically fit to perform the services assigned to the Employee from time to time. As to whether
the Employee is medically fit, is an issue, which will be professionally determined, by the
Company and the Employee shall be bound by such determination. The Employee may
accordingly be required to undergo periodical medical examination as and when directed by the
Company.

3.7 During the term of employment and at all times thereafter, the Employee will not make any false,
defamatory or disparaging statements about the Company, or the employees, officers or directors
of the Company that are reasonably likely to cause damage to any such entity or person.

3.8 The Employee will also be governed by statutory laws enacted by the government or local
authorities as may be applicable from time to time. The Employee shall comply with all applicable
laws, regulations, and governmental orders of India, now or hereafter in effect, relating to the
Employee’s employment by the Company, including but not limited to the provisions of the
Prevention of Corruption Act, 1988 of India, the Foreign Corrupt Practices Act, 1977 of the United
States of America and the Bribery Act 2010 of the United Kingdom. Without limiting the generality
of the foregoing, the Employee represents and covenants that the Employee has not, and shall
not, at any time, during his employment with the Company, pay, give, or offer or promise to pay or
give, any money or any other thing of value, directly or indirectly, to, or for the benefit of: (i) any
public servant, government official, political party or candidate for political office; or (ii) any other
person, firm, corporation or other entity, with knowledge that some, or all of that money, or other
 thing of value will be paid, given, offered or promised to a public servant, government official,
political party or candidate for political office, for the purpose of obtaining or retaining any
business, or to obtain any other unfair advantage, in connection with the Company’s business.

4. REMUNERATION AND BENEFITS

4.1 The Employee shall be entitled to an all-inclusive remuneration and a detailed break-up of
remuneration has been provided in Annexure 1. The Company may change the remuneration package or
compensation structure from time to time.

4.2 The Company may withhold or deduct from any amounts payable under the Agreement such
taxes and/or contributions as may be required to be withheld or deducted pursuant to any applicable law
or regulation. In case of any under-withholding, the Employee shall be responsible to pay the necessary
tax or contributions and any interest / penalty thereon.

4.3 If, during the Employee’s employment under this Agreement, the Employee becomes indebted to
the Company for any reason, the Company may, if it so elects, set off any sum due to the Company from
the Employee against the compensation payable to the Employee and collect any remaining balance from
him/her.

4.4 The Company may offer the Employee certain employee benefits, subject to and in accordance
with the applicable benefit plan(s), as may be amended from time to time. The Company reserves the
right to amend, alter or cease to provide (without compensation) any benefit (including any commission
plan or incentive based pay) at any time.

4.5 The Employee is entitled to leaves and public holidays in accordance with applicable law and the
Company’s policies as implemented and/or amended from time to time.

4.6 You may be offered a relocation benefit plan at the company's discretion. In such an event, if you
leave the company before completion of one (1) year of service from the date of your joining the
company. The company is entitled to deduct and recover such relocation benefits from your full and final
settlement.

4.7 The company as part of the recruitment process may offer to buy your existing notice period. In
such an event, if you leave the company before completion of one (1) year of service from the date of
your joining the company. The company is entitled to deduct and recover such from your full and final
settlement.

5. NON-SOLICITATION

5.1 The Employee hereby agrees and undertakes that during the term of the employment with the
Company and for a period of two years following the date of termination of Employee’s
employment with the Company (“Termination Date”), the Employee shall not, directly or
indirectly, either as an individual on his own account or as a partner, employee, consultant,
advisor, agent, contractor, director, trustee, committee member, office bearer, or shareholder (or
in a similar capacity or function):

5.1.1 Solicit and/or attempt to solicit employment of or advise any of the Company’s existing
employees or any person who was employed by the Company within six months prior to
such solicitation or any person or organization providing services to or through Company
and/or its Affiliates to terminate his/her contract or relationship with Company or to accept
any contract (directly or indirectly) or other arrangement for providing services to any
other person or organization; or
 5.1.2 Contact and/or attempt to contact any of the existing or prospective clients (i.e. any
person or organization with whom the Company and/or its Affiliates is in advanced stages
of exploring a professional or business relationship) of the Company and/or its Affiliates
to entice such clients away from the Company and/or its Affiliates or to damage in any
way their business relationship with the Company and/or its Affiliates or for the provision
of substantially the same services provided to such clients by the Company and/or its
Affiliates.

5.2 It is agreed by and between the Parties that the employment with the Company and the
compensation payable under this Agreement shall be sufficient consideration for this Clause.

5.3 The Employee hereby acknowledges and agrees that the limitations as to time and the limitations
of the character or nature placed in this Clause 5 are reasonable and fair and will not preclude the
Employee from earning a livelihood, nor will they unreasonably impose limitations on the
Employee’s ability to earn a living. In addition, the Employee agrees and acknowledges that the
potential harm to the Company of the non-enforcement of this Clause outweighs any potential

harm to the Employee by this Agreement and has given careful consideration to the restraints
imposed upon the Employee by this Agreement, and is in full accord as to their necessity for the
reasonable and proper protection of Confidential Information and Intellectual Property of the
Company now existing or to be developed in the future. The Employee expressly acknowledges
and agrees that each and every restraint imposed by this Agreement is reasonable with respect
to subject matter, time period and geographical area.

5.4 It is expressly understood and agreed by the Parties that although the Employee and the
Company consider the restrictions contained in this Clause 5 to be reasonable, if a final judicial
determination is made by a court of competent jurisdiction that the time or territory or any other
restriction contained in this Agreement is an unenforceable restriction against the Employee, the
provisions of this Agreement shall not be rendered void but shall be deemed amended to apply
as to such maximum time and territory and to such maximum extent as such court may judicially
determine or indicate to be enforceable. Alternatively, if any court of competent jurisdiction finds
that any restriction contained in this Agreement is unenforceable, and such restriction cannot be
amended so as to make it enforceable, such finding shall not affect the enforceability of any of the
other restrictions contained herein.

5.5 Notwithstanding the foregoing, nothing herein shall prevent the Employee from directly or
indirectly owning, solely as an investment, securities of any person engaged in the business of
the Company which are publicly traded on a national or regional stock exchange or on the
over-the-counter market, if the Employee (i) is not a controlling person of, or a member of a group
which controls, such person, and (ii) does not, directly or indirectly, own 1% or more of any class
of securities of such person.

5.6 For all purposes of this Clause 5, the Company shall be construed to include the Company and
its Affiliates.

6. CONFIDENTIAL INFORMATION

6.1 The Employee shall forever hold the Confidential Information in confidence and shall not publish,
disclose or disseminate, any time, to any Person or competitor of the Company/ Affiliates; or use
for any purpose any Confidential Information other than such purposes as shall be required to
fulfill the Employee’s duties with the Company, or remove any Confidential Information, in whole
or in part, from the Company’s premises, without the Company’s prior written permission.
6.2 The Employee shall forever hold the Confidential Information in confidence and shall not publish,
disclose or disseminate, any time, to any Person or competitor of the Company/ Affiliates; or use
for any purpose any Confidential Information other than such purposes as shall be required to
fulfill the Employee’s duties with the Company, or remove any Confidential Information, in whole
or in part, from the Company’s premises, without the Company's prior written permission.

6.3 Notwithstanding the aforesaid provisions, the Employee may disclose Confidential Information
where ordered to do so, by any government, judicial or quasi-judicial authority; provided however,
that the Employee shall in such a case give the Company a reasonable notice of any prospective
disclosure and shall assist the Company in obtaining an exemption or protective order preventing
such disclosure.

6.4 The Employee shall return to the Company or to its nominees Confidential Information, including
copies thereof irrespective of storage or presentation medium, including all electronic and hard
copies thereof, and any other material containing or disclosing any Confidential Information which
is in the Employee’s possession, power and control as and when called upon by the Company
and upon termination, not later than the Termination Date or at the option of the Company, as the
case may be, destroy the same and will not make or retain any copies of such Confidential
Information. Until such time as all such Confidential Information is returned or destroyed, the
Company shall, in addition to initiating legal proceedings for recovery of the same, be entitled to

withhold any salary, emoluments or other dues of the Employee. Further, the Employee shall
compensate the Company for any misuse of the Confidential Information. On or immediately after
the Termination Date, the Employee shall certify (as per the format provided by the Company)
that the Employee has complied with the obligations imposed under this Clause.

6.5 The Employee understands that access to the Company’s databases and table structures,
including but not limited to databases or tables relating to clients, salary information, benefits, or
stock of Company employees, is only on a “need to know basis”. The Employee understands that
he is not permitted to access any database and tables, unless the database or table directly
relates to the work being performed by the Employee, and the Employee agrees that he will not
access any databases or tables other than those necessary to perform the Employee’s duties.
The Employee understands that accessing a Company database or table that does not directly
relate to the work required to be performed by the Employee may, at the sole option of the
Company, result in disciplinary action, up to and including termination of employment. The
Employee also understands and agrees that sharing passwords, using another employee’s
password, or allowing someone to use a password that has been designated solely as the
password of the Employee, may, at the sole option of the Company, result in disciplinary action up
to and including termination. The Employee also understands that the Company may monitor and
review which databases and tables that the Employee has been accessing at any time without
prior notice to the Employee.

6.6 During the term of employment, the Employee will not improperly use or disclose any confidential
information or trade secrets, if any, of any former employer or any other person to whom the
Employee has an obligation of confidentiality, and the Employee will not bring onto the premises
of the Company or Company’s clients any unpublished documents or any property belonging to
any former employer or any other person to whom the Employee has an obligation of
confidentiality, unless consented to in writing by such former employer or person.

7. INTELLECTUAL PROPERTY

7.1 Prior Developments: The Employee has submitted to the Company a complete report with all
supporting documents relating to all the Confidential Information, Intellectual Property and all
other information developed by the Employee on or prior to the Date of Employment, which would
 be excluded from the scope of this Agreement. To preclude any possible uncertainty, the
Employee sets forth in Annexure 2 attached hereto a complete list of all Intellectual Property, that
the Employee has, alone or jointly with others, conceived, developed or reduced to practice or
caused to be conceived, developed or reduced to practice prior to the Date of Employment, that
the Employee considers to be his/her property or the property of third parties and that the
Employee wishes to have excluded from the scope of this Employment. If any such disclosure
has not been made in Annexure 2, the Employee represents that he does not own any
Intellectual Property prior to the Date of Employment.

7.2 Acknowledgement: The Employee acknowledges and agrees that the Intellectual Property as
well as any portion thereof developed by the Employee shall be the sole property of the Company
from date of creation thereof.

7.3 Disclosure: During the term of the Employee’s employment and for six (6) months after
termination of the Employee’s employment with the Company, the Employee agrees to maintain
adequate and current written records on the development of all Intellectual Property and to
disclose promptly upon its creation to the Company all Intellectual Property and relevant records,
which records will remain the sole property of the Company. The Employee further agrees that all
information and records pertaining to any idea, process, trademark, service mark, invention,
technology, computer program, original work of authorship, design, formula, discovery, patent or
copyright that the Employee does not believe to be Intellectual Property, but is conceived,
developed, reduced to practice by the Employee (alone or with others) during the period of
employment, shall be promptly disclosed to the Company.

7.4 Handing-over: The Employee agrees that all originals and all copies of any and all material
containing, representing, evidencing, recording, or constituting all or part of the Intellectual
Property, however and whenever produced (whether by the Employee or others) and whether or
not protected under copyright law or patentable or protected under other intellectual property law,
shall be immediately handed over to the Company upon its creations and any copies thereof
returned to the Company upon termination of the Employee’s employment for any reason.

7.5 Ownership: The Employee agrees that the exclusive ownership of all content and/or part of
Intellectual Property that is not protected under copyright laws and /or other intellectual property
law and/or that is not patentable shall be automatically and irrevocably transferred to the
Company from date of creation. The Employee hereby waives all moral rights in relation to the
Intellectual Property.

7.6 Assignment: The Employee hereby irrevocably, absolutely and perpetually assigns to the
Company worldwide rights in respect of all of the Employee’s right, title, and interest, including
IPRs, in respect of the Intellectual Property developed by the Employee, free from encumbrances
of any kind for the full term of each and every such right, including renewal or extension of any
such term. Notwithstanding the provisions of Section 19(4) of the Copyright Act, 1957, any
assignment in so far as it relates to copyrightable material shall not lapse nor the rights
transferred therein revert to the Employee, even if the Company does not exercise the rights
under the assignment within a period of one year from the date of assignment. The Employee
hereby agrees to waive any right to and refrain from raising any objection or claims to the
Copyright Board with respect to any assignment, pursuant to Section 19A of the Copyright Act,
1957. The Employee further agrees to assist and cooperate with the Company in perfecting the
Company's rights in any of its Intellectual Property.

7.7 Agreement to Assign: To the extent any assignment of Intellectual Property cannot be made to
the Company or its designees, for any reason whatsoever, the Employee hereby irrevocably,
absolutely and perpetually agrees to assign to the Company or its designees, all of the
Employee’s right, title and interest including IPRs therein or any part thereof.
7.8 Co-operation: During and after the term of the Employee’s employment by the Company, the
Employee shall and undertakes to assist the Company, at the Company’s expense, in every
proper way to (i) secure and maintain the Company’s rights hereunder and to carry out the intent
of this Agreement and for vesting the Company with full title of the Intellectual Property and all
rights, titles and interest including IPR therein; (ii) to apply and prosecute registration applications
in respect of IPRs relating to Intellectual Property for the Company’s benefit, in any and all
countries; (iii) sign, execute, affirm all documents, including, without limitation, all applications,
forms, instruments of assignment and supporting documentation and perform all other acts as
may be required for the above mentioned purposes.

7.9 Power of Attorney: Should the Company be unable to secure the signature on any document
necessary to apply for, prosecute, obtain, protect or enforce any IPRs, due to any cause, the
Employee hereby irrevocably designates and appoints the Company and each of its duly
authorized officers and agents as the Employee’s agent and attorneys to do all lawfully permitted
acts to further the prosecution, issuance, and enforcement of IPRs or protection in respect of the
Intellectual Property, with the same force and effect as if executed and delivered by the
Employee. The Company reserves the right to appoint another attorney in lieu of the attorney as
appointed hereinabove.

7.10 Third-Party Material: The Employee represents and warrants that he/she will not use or
integrate in the Intellectual Property any third party materials or data that are not validly licensed
to the Company unless previously authorized by the Employee’s reporting officer in the Company.
The Employee represents and warrants that the Employee has not violated the Intellectual
Property Rights of any third party, and covenants that he shall not violate the Intellectual Property
Rights of any third party in the course of his/her employment with the Company. Provided that in

the event the Company is held liable for the Employee’s violation of any Intellectual Property
Rights, the Employee undertakes to indemnify the Company or Affiliate as the case may be
against any and all losses, liabilities, claims, actions, costs and expenses, including reasonable
attorney’s fees and court fees resulting therefrom.

7.11 License: If, in the course of the Employee’s employment with the Company, the Employee
incorporates Intellectual Property into the Company’s product, process or machine, the Company
is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide
license (with rights to sublicense through multiple tiers of sub-licensees) to make, have made,
modify, use and sell such Intellectual Property.

8. TERMINATION OF EMPLOYMENT

8.1 Termination by either Party: Either Party may terminate the Employee’s employment upon
written notice to the other Party. The termination can be initiated by providing Thirty (30) days
written notice and is enforceable from the date of the receipt (by the other Party) of such notice
(hereinafter referred to as the “Notice Period”). Alternatively, the Company may terminate the
Employee’s employment with immediate effect, upon giving the Employee salary in lieu of notice
or pro-rated salary for the balance of the Notice Period in case the Employee has been permitted
to work during some portion of the Notice Period. In case the Employee has given a notice to
resign from services, the Employee is expected and required to diligently serve the entire notice
period. However, in such a resignation situation, the Company may, at its sole discretion, without
being obligated to do so, (i) require the Employee to leave service at any time during the notice
period without any payment for the balance unexpired portion of the notice period or (ii) upon the
Employee’s request allow Employee to leave service during the notice period only upon the
Employee making payment to the Company in the form of damages for breach, the amount
equivalent to the Employee’s salary for the balance unexpired portion of the Notice Period.
8.2 Termination during probationary period: Notwithstanding anything aforesaid, if the Employee
is serving his/her probationary period, this Agreement can be terminated by the Company
immediately, without giving any notice to the Employee. However, in case the Employee wishes
to terminate this Agreement during such period, the Employee shall give at least seven (7) days’
written notice to the Company. In such an event, the Company may, at its sole discretion, permit
the Employee to leave service during the period of notice without any salary in lieu of notice or
pro-rated salary for the balance notice period as per this Clause.

8.3 Termination by Company due to the Employee’s misconduct: Notwithstanding anything

mentioned in above Clauses 8.1 and 8.2, the Company may terminate the Employee’s
employment with immediate effect by a notice in writing (without salary in lieu of notice), in the
event of (i) fraudulent, dishonest or undisciplined conduct of the Employee, (ii) the Employee’s
breach of integrity, or embezzlement, or misappropriation or misuse or causing damage to the
Company’s property, (iii) insubordination or failure to comply with the directions given to the
Employee by persons so authorized, (iv) the Employee’s insolvency or conviction for any offense
involving moral turpitude, (v) breach by the Employee of any terms of this Agreement or the
Company’s Policies or other documents or directions of the Company, (vi) irregularity in the
Employee’s attendance, or his/her unauthorized or unapproved absence from the place of work
for more than three (3) consecutive working days may call for initiation of process, (vii) the
Employee going on or abetting a strike in contravention of any law for the time being in force, (viii)
the Employee conducting himself/herself in a manner which is regarded by the Company as
prejudicial to its own interests or to the interests of its clients or (ix) the Employee’s misconduct as
provided under the labour laws or Company Policies.

In case you are charged with any act of misconduct, you may be suspended from service
pending enquiry. During the suspension period, you will be entitled only to 50% of your salary
towards suspension allowance. While claiming suspension allowance you will tender an

undertaking or affidavit every month in writing that you were neither employed nor self-employed
during such period.

8.4 Termination upon Total Permanent Disability or Death of Employee: This Agreement shall
automatically terminate upon the Employee's total permanent disability, or death.

8.5 Retirement: The Employee will automatically retire from the Company on attaining the age of 60
(sixty) years. An extension may however, be given at the discretion of the Company.

8.6 Offer on Liquidation: If the employment of the Employee is terminated by reason of the
liquidation of the Company in case of reconstruction, merger, spin-off, acquisition, amalgamation
or by reason of any reorganization of the Company or any other corporate action (including a
transfer of establishment / unit / undertaking) and the Employee shall have been offered
employment with the entity succeeding to the Company upon such event on terms no less
favorable to the Employee than the terms in effect under this Agreement then the Employee shall
have no legal or contractual claim against the Company by reason of the termination of the
employment.

8.7 Garden Leave during Notice Period: The Company may, in its absolute discretion, require the
Employee at any time during the Notice Period not to attend the Employee’s place of work and/or
not to perform any duties for the Company or to perform any such duties, projects or tasks as are
expressly assigned to the Employee by the Company. The Employee shall continue to be
employed by the Company during such period and therefore shall be eligible to receive the
Employee’s full pay and benefits during any such period. During any such period, the Employee
shall (i) notify the Company of any change of address or contact details, (ii) if requested by the
 Company, refrain from contacting employees, clients and professional contacts of the Company,
(iii) cease to be an authorized signatory of the Company or hold a power of attorney for the
Company, and (iv) continue to be bound by the express and implied duties of the Employee’s
employment, including, without limitation, by the duty of fidelity and good faith owed to the
Company. The garden leave shall be offset against any annual leave of the Employee.

8.8 Liability: The Parties hereby agree that if the termination is found to be wrongful by an
appropriate Court in India, based on a non-appealable order, the maximum liability of Company
shall not exceed Employee's thirty (30) days’ salary and statutory benefits for every year of
service, in case the Company does not reinstate the Employee.

8.9 Separation and Release: Upon termination of the Employee’s employment with the Company for
any reason, the Company may require the Employee to sign a Separation and Release
Agreement with the Company at no additional consideration or payment.

9. COMPANY’S PROPERTY - EMPLOYEE’S DUTY TO RETURN

9.1 Any and all of the Company’s Property, Confidential Information and Intellectual Property of the
Company acquired by or in the possession of the Employee under this Agreement, shall be
returned to the Company immediately upon termination of this Agreement.

9.2 In the event the Employee’s employment with the Company is terminated, the Employee shall
sign and deliver to the Company a termination and/or release certificate as provided by the
Company, without any additional consideration or benefit.

9.3 It is further agreed and understood that until such time as all of the Company’s Property,
Confidential Information and Intellectual Property are returned and the termination certificate is
provided as above mentioned, the Company shall, in addition to initiating legal proceedings for
recovery (and without prejudice to any other rights or remedies that Company may have under
law or equity), be entitled to withhold any salary, emoluments or other dues of the Employee then

or in future payable to the Employee, and may further, at its discretion, deduct therefrom the full
value of the said property/properties calculated at its then replacement price. The Employee
recognizes and agrees that the Company shall be entitled to recover from the Employee and the
Employee shall be bound and liable to make good to the Company any loss suffered by the
Company on account of misuse of the Company’s Property, Confidential Information and
Intellectual Property by the Employee and/or any damage occasioned to the Company’s Property,
Confidential Information and Intellectual Property whilst in the custody of or entrusted to the
Employee.

10. COMPANY POLICIES

10.1 The Employee agrees and undertakes that the Employee shall be bound by all the policies and
procedures of the Company, including those contained in the Employee Handbook and Global
Code of conduct, as may be drafted, revised, amended and/or updated from time to time by the
Company.

10.2 The Employee may be entitled to receive compensation under the Employees’ Compensation
Act, 1923 (if applicable) in case any personal injury is caused to the Employee by way of an
accident arising out of and in the course of Employee’s employment with the Company, unless
the payment obligation is covered by the insurance policies taken by the Company on the
Employee’s behalf.
10.3 The Company provides for maternity benefits to eligible employees in accordance with the
Maternity Benefit Act, 1961 (if applicable). Please refer to the Company policies for further
information in this regard.

11. NOTICES

11.1 All notices, requests and other communications hereunder must be in writing and will be deemed
to have been duly given only if delivered personally or by facsimile transmission or mailed (first
class postage prepaid) or by electronic mail to the Parties at the following email addresses:

If to the Company:
Attention: Bhavana Yadav
Email address: [email protected]
Along with a copy by email to: [email protected]
If to the Employee:
At the address provided in this Agreement or the address as available in the Company’s records, or at the
following email address [[email protected]].

11.2 Any change in the address of either the Company or the Employee shall be notified to the other
Party in the same manner mentioned hereinabove.

12. REPRESENTATIONS AND COVENANTS

12.1 The Employee hereby represents to, and covenants with, the Company that:

12.1.1 (i) he/she has been provided with a copy of this Agreement for review prior to signing it
(ii) that he/she has reviewed the Agreement and that he/she understands the terms,
purposes and effects of this Agreement, (iii) he/she has signed the Agreement only after
having had the opportunity to seek clarifications; (iv) he/she has not been subjected to
duress or undue influence of any kind to execute this Agreement and this Agreement will
not impose an undue hardship upon him/her (v) he/she has executed this Agreement of
his own free will and without relying upon any statements made by the Company or any
of its representatives, agents or employees (vi) this Agreement is in all respects
reasonable and necessary to protect the legitimate business interests of the Company;

(vi) he/she has all requisite power and authority, and does not require the consent of any third
party to enter into this Agreement and grant the rights provided herein; (vii) the execution,
delivery, and performance of this Agreement by him/her does not and will not conflict with,
breach, violate or cause a default under any agreement, contract or instrument to which he/she is
a party or any judgment, order or decree to which he/she is subject; (ix) he/she is not a party to or
bound by any employment agreement, consulting agreement, non-compete agreement,
confidentiality agreement or similar agreement with any other Person; and (ix) the services
performed by him/her and all items and/or materials furnished by him/her in connection with or as
a result of such services shall not infringe upon or violate the personal, civil or property rights, or
the rights of privacy of, or constitute a libel, slander or unfair competition against or violate or
infringe upon any common law right, copyright, trademark, trade name or patent or any other right
of any person or entity;

12.1.2 He/she will not execute any instrument or grant or transfer any rights, titles and
interests inconsistent with the terms and conditions of this Agreement;

12.1.3 He/she is legally permitted to reside and be employed in India, and shall remain so during
the term of his/her employment with the Company.
13. DISPUTE RESOLUTION

13.1 The Company and the Employee hereby agree that they will, at all times, act in good faith, and
make all attempts to resolve all differences howsoever arising out of or in connection with this
Agreement by discussion. If within fifteen (15) days of the commencement of the discussions the
dispute is not resolved the dispute shall be referred to binding arbitration, provided that:

13.1.1 The Employee’s employment with the Company shall be governed and construed in
accordance with the laws of India. Any dispute that may arise with respect to the
Employee’s employment or its terms shall be submitted for resolution by a sole arbitrator
appointed as per the rules of the Mumbai Center for International Arbitration (“MCIA”).
The arbitration shall be governed by the MCIA Rules and the Indian Arbitration &
Conciliation Act, 1996 (“Arbitration Act”).

13.1.2 There shall be a sole arbitrator appointed as per the rules of the MCIA. The award made
by the sole arbitrator shall be binding on both Parties. The language of the arbitration
shall be English. The seat and venue of the arbitration shall be Indore. The Employee
agrees to sign such further documents as required by the Company for the purposes of
resolving any dispute by way of arbitration.

13.1.1 The Parties agree that until the arbitration proceedings are complete, they shall not take
their disputes to a court of law.

13.2 The Employee hereby agrees to sign all further documents and/or forms as may be required by
the Company for or in relation to such arbitration.

13.3 Notwithstanding the aforesaid provisions of this Agreement, in the event of any breach or
apprehended breach by the Employee of the provisions of this Agreement, the Company shall be
entitled, in addition to all other remedies, to an injunction, whether interlocutory or preliminary,
restraining any such breach, without recourse to arbitration.

14 MISCELLANEOUS

14.1 Entire Agreement: The terms of this Agreement are the entire agreement and understanding
with respect to the subject matter hereof and supersedes all prior discussions or representations
between the Company and the Employee including, but not limited to, any representations made

during the Employee’s interview(s) or relocation negotiations, whether written or oral. This
Agreement shall constitute the complete and exclusive statement of its terms and no extrinsic
evidence whatsoever may be introduced in any judicial, administrative, or other legal proceeding
involving this Agreement. Any subsequent change or changes in the Employee’s duties, salary or
compensation will not affect the validity or scope of this Agreement.

14.2 Amendments: No change, modification, or termination of any of the terms, provisions, or

conditions of this Agreement shall be effective unless made in writing and signed or initiated by all
signatories to this Agreement.

14.3 Survival: Termination of this Agreement shall not affect those provisions hereof that by their
nature are intended to survive such termination.

14.4 Assignment: Except as otherwise provided in this paragraph, this Agreement shall insure to the
benefit of and be binding upon the parties hereto and their respective heirs, representatives,
successors and assigns. Neither this Agreement nor any right or interest hereunder shall be
assignable by the Employee, his/her beneficiaries, or legal representatives without the
 Company’s prior written consent; provided, however, that nothing in this Clause 14.4 shall
preclude the Employee from designating a beneficiary to receive any benefit payable hereunder
upon his/her death, or the executors, administrators, or other legal representatives of the
Employee or his/her estate from assigning any rights hereunder to the person or persons entitled
thereunto. This Agreement shall be assignable by the Company to a subsidiary or affiliate of the
Company; to any corporation, partnership, or other entity that may be organized by the Company,
its general partners, or its officers, as a separate business unit in connection with the business
activities of the Company or of its general partners or officers; or to any corporation, partnership,
or other entity resulting from the reorganization, merger or consolidation of the Companybreach
with any other corporation, partnership, or other entity or any corporation, partnership, or other
entity to or with which all or any portion of the Company’s business or assets may be sold,
exchanged or transferred.

14.5 Indemnification: The Employee shall indemnify the Company for any and all losses, liabilities,
claims, actions, costs and expenses, reasonable attorney’s fees and court fees resulting to
Company as a result of any wrongful act or omission on the Employee’s part done while serving
as an employee of the Company.

14.6 Authorisation: In the event of termination of the employment of the Employee, the Employee
hereby grants consent to the Company to notify any new employer of the Employee and/or any
third party about the obligations of the Employee under this Agreement. If necessary, the
Company has a right to disclose this Agreement to any new employer or third parties.

14.7 Governing Law and Jurisdiction: This Agreement shall be governed and construed in
accordance with the laws of India in relation to any legal action or proceedings to enforce this
Agreement. Subject to arbitration, the Parties irrevocably submit to the exclusive jurisdiction of
any competent courts situated at Indore and waive any objection to such proceedings on grounds
of venue or on the grounds that the proceedings have been brought in an inconvenient forum.

14.8 Waiver: No waiver by the Company of any breach of this Agreement shall be a waiver of any
preceding or succeeding breach. No waiver by the Company of any right under this Agreement
shall be construed as a waiver of any other right. The Company shall not be required to give
notice to enforce strict adherence to all terms of this Agreement.

14.9 Severability: If any paragraph, sub-paragraph, or provision of this Agreement, or the application
of such paragraph, sub-paragraph, or provision, is held invalid or excessively broad by a court of
competent jurisdiction, the remainder of this Agreement, and the application of such paragraph,
sub-paragraph, or provision to Persons, or circumstances other than those with respect to which
it is held invalid shall not be affected.

14.10 Data Privacy: The Company may, in connection with the Employee’s employment, collect
personal data including sensitive personal data relating to him/her. Such data may be received
from the Employee and some limited personal data may be recorded directly or indirectly by
internal security systems or by other means. The Company may process such data for relevant
and limited purposes. By signing this Agreement, the Employee expressly consents to the
following:

a. the collection, use, processing and storage of sensitive personal data by the Company
for relevant and limited purposes;

b. the transfer worldwide of personal data held about him/her by the Company to other
employees and offices of the Company’s worldwide organization and to third parties
where disclosure to such third parties is required in the normal course of business or by
law; and use of his/her personal images and voices in marketing material, videos, etc.;
 c. reading and understanding the Company’s Privacy Policy in relation to the collection,
processing, use, storage and transfer of personal and sensitive data and agreeing to the
terms thereof; and

d. treating any personal data to which the Employee has access in the course of his/her
employment strictly in accordance with Company policies and procedures and not using
any such data other than in connection with and except to the extent necessary for the
purposes for which it was disclosed to him/her.

14.11 No Attachments: Except as required by law, no right to receive payments under this Agreement
shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, charge,
pledge, or hypothecation, or to execution, attachment, levy, or similar process or assignment by
operation of law, and any attempt, voluntary or involuntary, to effect any such action shall be null,
void and of no effect.

14.12 Documents: Upon execution of this Agreement, the Employee shall be required to provide to the
Company copies of the following documents:
a. 2 recent passport-sized photographs
b. Relieving letter issued by your most recent employer
c. Copy of most recent passport
d. Relevant educational certificates
e. Last 3 months salary drawn payslips
f. Permanent Account Number (PAN) (For statutory purpose only)
g. Provident Fund UAN (For statutory purpose only)
h. Aadhar card (For statutory purpose only)
i. Bank Account Details (For salary purposes only)
j. Emergency contact address with mobile number (For safety reasons)
IN WITNESS WHEREOF, the Parties hereto have duly executed this Agreement as of the day and year
first above written.

[Lovepreet]
TaskUs India Private Limited
Sign:

Name:
Sign:
Date:
Name: Bhavana Yadav
Place:
Designation: VP, People Operations
 ANNEXURE 1

REMUNERATION AND BENEFITS

Employee’s total all-inclusive gross annual compensation on a cost-to-company basis will be as below,
which shall include Employee’s basic salary and various allowances and statutory contributions, which
may be claimed in compliance with and subject to limits under the applicable tax laws and the Company’s
policies and practices, set forth below:

Remuneration Break up

Name of the Employee: Lovepreet

Designation: Teammate

Sr No Salary Structure Amount in INR (per month) Amount in INR (per annum)
A Fixed Components
Basic Salary 15050 180600
HRA 6020 72240
Special Allowance 4680 56160
GROSS SALARY (Includes
Employee's contribution to
statutory deductions) 25750 309000
B Statutory Bonus (Interim)
Statutory Bonus 2450 29400
C Employer Contributions
Provident Fund 1800 21600
ESIC NA NA
( A + B + C) COST TO COMPANY ( A + B + C) 30000 360000

(Three Lacs Sixty Thousand Rupees and No Paise Per Annum)

Signature ________________________________ (Employee’s Signature) Date _________________

# Variable components are paid annually on the basis of individual and company performance. The
variable performance linked pay is subject to an employee being active on company payroll at the date of
disbursement.

Additional Component:

a.) Joining Bonus As per offered terms and company’s policies

b.) Relocation Amount:- As per offered terms and company’s policies

 c.) Notice Period Buy-Out As per offered terms and company’s policies

Benefits Schedule Cont.

This document will give you clarity on terms associated with compensation and benefits as per
organization policies in effect. Kindly go through and provide your acceptance for the same.

1. Retirals & Benefits (Whichever is applicable)

● You will participate in the Employees Provident Fund (‘EPF”) as set out in the Employees
Provident Fund Scheme, 1952 (“The Scheme”). The company’s total employer
contribution to the Scheme shall be equivalent to 12% of your basic salary irrespective of
the maximum statutory limit)

● Eligible employees will participate in the Employees State Insurance (‘ESI”) as set out in
the Employees State Insurance Scheme, 1948 (“The Insurance Scheme”). The
company’s total employer contribution to the Scheme shall be equivalent to 3.25% of
your gross salary.

● Cost to company (CTC) excludes the component of gratuity benefit which is payable on
cessation of employment after a minimum of five years continuous employment as per
the provisions of ‘The Payment of Gratuity Act 1972’.

● Notwithstanding what is stated under statutory schemes hereinbefore these are subject
to change as per the applicable law in India from time to time.

2. Insurance

● The Employee will be eligible to participate in the company group personal accident,
group medical insurance policies upon onboarding.
● The Employee will be eligible to participate in the company group term life insurance
policy upon onboarding.

3. Relocation (Only If applicable and approved as part of offer)

● Please refer to the clause no. 4.6 and 4.7 for deductions policy if benefits are granted.

Relocation Benefits (If Applicable)

Relocation Relocation - Luggage Shifting
Designation Travel Accommodation Lump-sum Charges (Reimbursement on
Allowance Actuals)
Upto Rs. 1,000 or 7 Days stay in
Team Mates actual whichever is company provided Rs. 10,000 NA
lesser accommodation
All other than
Upto Rs. 4000 or 10 days stay in
TeamMates and
actual whichever is company provided Rs. 25,000 NA
Below Manager
lesser accommodation
level
 Economy class Flight
Tickets for self,
50% of
Spouse and upto 2 15 days stay in
Manager & Monthly Rs. 25,000 or actual
kids. Maximum of Rs. company provided
above Gross whichever is less
5,000 per ticket or accommodation
Salary
actual whichever is
lesser

Terms of Relocation allowance -

● Travel ticket reimbursement is provisioned for expenses incurred on travel tickets and does not
include other ancillary expenses like transit from airport, food at the airport, excess baggage etc.
as the same must be considered as part of relocation lump sum allowance.
● Travel tickets must be booked by the candidate and claim for reimbursement needs to be
submitted within 60 days of joining the organization to the Finance team
● In case an employee leaves the company before 1 year, Relocation Expenses including Travel,
accommodation and lump-sum allowance will be deducted from full & final settlement
● In case of any candidate moving back to work location as his/her hometown, Accommodation
from the company will not be applicable for any level. In such scenarios, Relocation lump-sum
allowance will be applicable for Managers & above only
● Any extension to accommodation would not be allowed and in case of any emergency extension
scenario, additional expenses over and above 15 days will be borne by employee on direct
payment basis
● Relocation lump-sum allowance amount would be disbursed by the company along with the first
month salary provided the employee relocates to the place of posting.
● In case of Director & above, travel tickets can be booked by TaskUs logistics team based on
request and subject to prior approval of Vice President Operations
● In the case of Travel, actual bills must be submitted at the time of claim through TaskUs India
Finance Form - In case of travel through Personal vehicle, fuel cost would be reimbursed at INR.
10/Km considering the entitlement, whichever is low.
● Relocation Bonus will be paid out to employee who has been committed for this payout within the
policy limitations and will be paid out once any of the following evidence has been submitted -
● a. Travel tickets of self and family
● b. Luggage shifting
● c. rental agreement

4. Salary Bank Account

● The current banking partner for TaskUs is HDFC Bank & ICICI Bank. Your account for salary
credit shall be with the banking partner as decided by TaskUs. There will be no option to choose
the bank for crediting the salary. TaskUs shall not be in any way responsible for any previous
transactions with the banking partner thus decided and any past or future liability shall be owned
by the Employee.
● The company is not liable for any salary credits in any manner except what is stated
hereinbefore, notwithstanding in case an employee is unable to fulfill the bank account details at
the time of onboarding/joining the company, the company at its sole discretion may also initiate
separation proceedings.
 ANNEXURE 2

TO: TaskUs India Private Limited

FROM:

DATE:

SUBJECT: Intellectual Property

1. Except as listed in Section 2 below, the following is a complete list of all inventions or
improvements relevant to the subject matter of my employment by TaskUs India Private

2. Limited(the "Company"), that have been made or conceived or first reduced to practice
by me alone or jointly with others prior to my engagement by the Company:

❏ No inventions or improvements.
❏ See below:

_____________________________________________
_____________________________________________
_____________________________________________

3. Due to a prior confidentiality agreement, I cannot complete the disclosure under Section
1 above with respect to inventions or improvements generally listed below, the
proprietary rights and duty of confidentiality with respect to which I owe to the following
party (ies):

Invention or Improvement Party (ies) Relationship

1.

2.

3.

Signature _________________________________
Date _____________________________________