3rd March, 2021

OFFER LETTER

Amit Bahri
Flat No.069, Raheja Sampada Apartment,
Tower-2, Sector-92, Gurgaon,
Wazirpur(115), Haryana-122505.

This is in reference to your candidature in AWC Software Private Limited (the “Company”) for the position
of Tech Lead in Operations department.

We are pleased to confirm that you have been selected for the aforementioned position with effect from
15th March, 2021 (subject to clearance of background verification report) (the “Effective Date”). As
discussed, this offer is conditional upon completion of satisfactory references that may include but is not
limited to, a review of past employment and education records.

You will be placed on a probationary period of 6 (six) months (the “Probation”) from the Effective Date; and
your confirmation shall be subjected to the satisfactory completion of services, as per the Company’s
standards; however if you fail to perform during the aforementioned period, the Company has the sole right
of either extending your probation for an additional period of 6 (six) months; or terminating your association
with the Company and the same shall be conveyed to you by the management.

The details and terms of this offer letter are incorporated and enclosed under Schedule “A”. Kindly sign and
send a copy of this letter along with the self-attested copies of documents enlisted in Schedule “B” to
indicate acceptance to the terms and conditions of this letter within 3 (three) days from receipt of this letter.

We look forward to welcoming you to the Company and wish you a successful and rewarding career with us.

For AWC Software Private Limited

Bhavneek Singh
Manager - HR
 SCHEDULE A

AWC SOFTWARE PRIVATE LIMITED

TERMS AND CONDITIONS

This Schedule outlines the terms and conditions of employment with the Company during the Probation.
The Company reserves the right to change these terms and conditions as required, with due notice.

1. EMPLOYMENT

Tech Lead
Title
Location As determined by the Company from time to time

Salary In lieu of the services provided, you shall receive a compensation of

Rs.10,50,000/- per annum (the “Compensation”). Any statutory or regulatory
deduction and applicable taxes will be deducted as per the applicable law. The
detailed breakup of the Compensation has been provided under Annexure – I
of this document.

Hours of Work The Employee’s working hours shall be Monday to Friday as determined by
the Company and in accordance with a weekly/fortnightly/monthly shift
schedule.

Payroll Schedule Your salary will be paid to you on a monthly basis on the 1st working day of
each month for the preceding month. In case it is a holiday it will credited on
the following working day.

Probation Period To assess your fitness within Company, the first 6 (six) months of your
employment will constitute a probation period; however, the same can be
extended for an additional period of 6 (six) months if your services are found
unsatisfactory as per the Company’s standards.
2. COMPANY’S POLICIES

During your probation, you shall adhere to the rules and policies of the Company including without
limitation, the leave policy, the anti-sexual harassment policy, code of conduct, and other rules,
policies or guidelines as introduced or amended by the Company from time to time.

3. NON-DISCLOSURE

You shall not disclose any of the Company’s information received during your Probation which you
know or have reason to believe to be confidential or proprietary in nature, including technical and
financial information, business plans and marketing structure, customer-related information,
intellectual property, amongst other information to any person or legal entity. You shall be under
the non – disclosure obligation post expiry/termination of this Offer Letter.

4. NON-SOLICITATION AND NON-COMPETE

a. You acknowledge and agree that during the Probation, and for a period of 1 (one) year after
termination of your association with the Company, you shall not engage, own, manage, operate,
join, control, participate or be connected with any other gainful or commercial employment,
business or activity, part-time or full-time, directly or indirectly, or engage in any other profitable
business connected with the dealings or activities of the Company in any way.

b. You further acknowledge and agree that during your Probation and for a period of 6 (six) months
after the termination of your association with the Company, you shall not solicit or contact any
established clients or customers in business with the Company with a view to induce or encourage
such established clients and customers to discontinue or limit any business relationship with the
Company. You agree not to induce or encourage any established clients or customers of the
Company to withdraw, limit or discontinue business with the Company.

5. TERMINATION

a. During the period of probation, you can terminate your appointment with the Company by giving
at least 30 (Thirty) day’s prior written notice or by paying 30 (thirty) days’ salary in lieu of shortfall
 of notice to the Company. However, the same shall be solely determined by the Company. Your
notice period will be revised to 60 (sixty) days upon completion of your probation period.

b. At any time during this probationary period, due to any default in services or breach of the terms of
this letter, the Company may terminate your probation immediately, as per the Company’s sole
discretion. If this occurs, we would have no further obligation to you, financial or otherwise.

c. You may be terminated from duties in case you do not report to work continuously for 3 working
days without prior information or approvals. Such cases will be considered as ‘Absconding from
Duties’. If this occurs, we would have no further obligation to you, financial or otherwise. In such
cases, no relieving or experience letter will be provided.

d. Please note that upon acceptance of this offer, a background check will be conducted. Negative
response on Background Check may also lead to termination from duties with immediate effect. If
this occurs, we would have no further obligation to you, financial or otherwise.

e. At the time of leaving the Company, you shall hand over to the Company, all the information and
documents available with you, whether in electronic or physical form, in which the Company holds
any proprietary interest along with any device, gadget and other accessories and properties issued
to you by the Company during the Probation.

6. INTELLECTUAL PROPERTY RIGHT

All the rights, title and interest in respect of ownership, assignment and transfer of any and all the
intellectual property developed by you during the Probation shall be exclusively retained by the
Company and shall be the Intellectual Property of the Company and you shall have no right over the
same. Further, any unauthorized use, assignment or transfer of any of the intellectual property of
the Company shall attract penalty and/or legal proceedings under the applicable laws.

7. CONFLICT OF INTEREST

You are advised to avoid conflicts of interest between you as an employee and the interest of the
Company in dealing with suppliers, customers, vendors, individuals and other organizations doing
 or seeking to do business with the Company. If any potential conflict of interest does arise, you will
be under the obligation to promptly notify this to the management.

8. REPRESENTATIONS

a. You acknowledge and agree that you are competent to understand and sign this letter and are
capable of carrying out the duties associated as per the terms and conditions of this letter.

b. You further agree that all the information and particulars furnished by you in your resume and
testimonial for the purpose of this employment are true and correct to the best of your knowledge
and nothing contained therein is misleading.

9. GOVERNING LAW AND JURISDICTION

Your rights and obligations hereunder shall be governed by and construed and interpreted in
accordance with the laws of India and shall be subject to the exclusive jurisdiction of the court
situated at Noida, Uttar Pradesh.

ACCEPTANCE:

I, Amit Bahri, acknowledge that I have read and understood the terms and conditions of employment as
provided herein and agree to be bound by the same.

_________________________

Name:

Date:
 ANNEXURE – I

SALARY STRUCTURE

Items Per Month Per Annum

Basic 35,000 4,20,000

HRA 17,500 2,10,000

Transport Allowance 1,600 19,200

Medical Reimbursements 1,250 15,000

Education Allowance 200 2,400

Meal Allowance 1,100 13,200

Special Allowance 27,342 3,28,104

TOTAL(A) 83,992 10,07,904

Retirals/Additional Benefits/Ded.

PF 1,800 21,600

Labour Welfare Fund(Employee's Share) 25 300

Gratuity 1,683 20,196

TOTAL(B) 3,508 42,096

TOTAL SALARY (CTC): A+B 87,500 10,50,000

Provident Fund(Employer Share) 1,800 21,600

Provident Fund(Employee Share) 1,800 21,600

Labour Welfare Fund(Employee's Share) 25 300

Labour Welfare Fund(Employer's Share) 50 600

Gratuity 1,683 20,196

Total Deductions 5,358 64,296

Net Salary 82,142 9,85,704

 SCHEDULE B**

AWC SOFTWARE PRIVATE LIMITED

LIST OF DOCUMENTS

a) All mark sheets – Include 10th, 12th, Graduation/Post Graduation (year/semester wise)

b) Certificates/Degrees - Would include 10th, 12th Certificates, Graduation-Degree, Post-

Graduation-Degree

c) Employment Certificates - Offer Letter, Appointment Letter, and Relieving Letter mandatory for
all the previous organizations including current.

d) Salary Proof - Salary Slip or Form 16 or Salary Certificate for previous organizations.

e) Proof of Current Address - Photocopy of driving license/Voter’s identity card/Ration

card/Telephone, Electricity Bill, Bank/credit card statement or mobile post-paid bill.

f) Proof of Permanent address.

g) Photo Identity Proof – PAN Card and Passport

h) Copy of PAN Card (Declaration form to be filled in case joiner does not have PAN)

i) Copy of passport (Declaration form to be filled in case joiner does not have valid passport)

j) 10 Passport Size Photographs (Recent)

k) Adhaar Card (Mandatory)

l) Cancelled cheque or copy of passbook for Bank Account

** All Documents should be self-attested.