Sequelsoft Offer Letter

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Strictly & Confidential

Ref: HRD/SQ/APP/2020
Date: 20 January, 2020.

Mr. Sachin Pattar


Hyderabad.
Offer & Appointment Letter

Dear Sachin Pattar,

With reference to your application and subsequent interview you had with us, we are pleased to offer you a
career with Sequel Soft India as Java Developer. Please accept our heartiest congratulations. This offer is
being based on the value we foresee you bring in to our organization.

You shall be on probation for a minimum period of 3 Months. Based on periodic reviews made, you shall be
considered for confirmation in the services of the company. Your compensation package would be a fixed
amount of Rs. 1,50,000.00 per annum and payable before the 7th of every month. The compensation
package would be reviewed after the probation period.

You are requested to join us on 04 February, 2020. Please refer to the relevant annexure for
compensation and benefit details and terms of employment.

On date of your reporting, you would need to submit the following documents:

1). Copy of Educational Certificates (Grad, Post Grad Certificates or any Equivalents).
2). Relieving/Experience Certificates from the previous employers (if applicable).
3). Last Drawn Pay-Slip/Salary Certificate from the previous employer (if applicable).
4). Two Passport size photograph.

ANNEXURE-1

Terms of employment

Place of posting:

Your posting will be at Hyderabad. However, during your employment with the company, you may be posted/
transferred to any of the offices/projects/ divisions/departments/units of the company existing or to be set at
any other location in India or abroad without any additional remuneration.

Compensation Progression:

Future increase in your compensation and future prospects in the company shall depend on your efficiency,
hard work, and regularity in attendance, sincerity, good conduct and such other relevant factors and company’s
performance. Such increase in no case shall be automatic and or a matter of right and will be mostly in the form
of additional performance linked incentive.
Verification of Particulars:

In case particulars mentioned in your application are found false or unsatisfactory, your services would be liable
for termination at any time without any notice or any compensation in lieu thereof.

Duties and Responsibilities:

a) The company will expect you to work with high standard of initiative, efficiency and economy. You will
perform, observe and confirm to such duties, directions and instructions assigned or communicated to you by the
company and those in authority over you.

b) You shall keep confidential all information and material provided to you by the company or by its clients
concerning their affairs, in order to enable the company to perform the service. This also includes such already
known to the public, which you will not release, use or disclose except with the prior written permission of the
company. Your obligation is to keep such information confidential even on termination or cancellation of this
employment.

Contractual obligation:

a) The minimum period of service with the company to be referred would be 1 year from the time of completion
of probation, prior to which the company will not refer with regard to your performance or the time period spent
with the company. You would not be entitled to receive either experience certificate or relieving letter if the
minimum period of employment criteria is not met.

b) The company would provide training and role-based knowledge transfer as required. Hence you would need
to provide a minimum service contract of 12 months exclusive of the probation period. In case you wish to be
relieved prior to 12 months, you would require to provide a minimum written notice period of 1 month and
1month basic salary as compensation. The management at its sole discretion can waive the same. All knowledge
transfer and handing over formalities have to be completed within the notice period.

Termination of Permanent Service:

a) You will automatically retire from the services of the company on the attainment of superannuation age of 58
years. The management can extend the tenure of work on a contractual basis at its sole discretion.
b) If you absent yourself without leave or remain absent beyond the period of leave originally granted or
subsequently extended, you shall be considered as having voluntarily terminated your employment without
giving any notice unless you return to work within 4 days from the commencement of such absence and give an
explanation to the satisfaction of the management regarding such absence.
c) Your services are liable to be terminated without notice or salary in lieu thereof for misconduct, without being
exhaustive and without prejudice to the general meaning of the term “misconduct” in the case of reasonable
suspicion of misconduct, disloyalty, and commission of an act involving moral turpitude, any act of indiscipline
or inefficiency.

d) Your services may be terminated by giving notice of one month along with payment of basic salary in lieu
thereof. However, in the event of your resignation, the company in its sole discretion will have an option to accept
the same and relieve you prior to the completion of the stipulated notice period of 1 months, without any pay in
lieu of the notice period, post the contractual period of 12 months minimum service from the date of completion
of probation.
General:

a) You will be covered by the service rules and regulations including conduct, discipline and administrative
orders and any other such rules or orders of the company that may come in force from time to time.

b) You will hand over the charge of any property/material of the company in your possession at the time of
cessation of your employment with the company.

c) Please note that you are expected to keep your salary package strictly confidential and not to share
information regarding the salary with anyone except your very close family members.

ANNEXURE 2

Compensation Structure:

Name Sachin Pattar


Designation Java Developer

Description Monthly Gross (INR) Annual Gross (INR)


Basic 3860.00 46320.00
House Rent Allowance 1930.00 23160.00
Special Allowance 1737.00 20844.00
Medical 1250.00 15000.00
CCA 2123.00 25476.00
Conveyance Allowance 1600.00 19200.00

Total Cost to Company 12500.00 150000.00

Team Sequel Soft India, welcomes you aboard and wishes you a very happy association with us. We wish
this association is mutually fruitful and growth oriented.

For Sequel Soft India,

Arjun Prasad
(HR-Manager)

I accept the offer and shall join on _______________. Mr. Sachin Pattar.

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