Date: 25-April-2018

Private & Confidential

Mr. Sholaganga Munureddy Uday Kumar Reddy

H.No: 28/1173, Kissan Nagar, Mypadu Road,

Near Substation, Nellore, Andhra Pradesh -524002.

Dear Sholaganga Munureddy Uday Kumar Reddy,

 With reference to your application and further interview, it is our pleasure to offer you
employment with Collabridge as Associate Consultant, on fixed term employment. Please
report to work on 01st May 2018 for your first day of work and on every working day
thereafter for the job assigned to you.

 Salary: Your CTC Annual salary will be INR 5,50,000/- for your full time services that
will be rendered by you. Your full gross salary will be paid to you during handling
projects assigned by client, subject to deductions for statutory dues, taxes and other
deductions as required by law or the policies of the company.

 Expenses: The Company shall reimburse the actual conveyance and other business
expenses only, if incurred by you while carrying out your employment responsibilities
under this agreement against submission of proper documents. Car/Travel Expenses:
Normal and reasonable expenses will be reimbursed on a monthly basis as per company
policy.

 Deputation to Projects: - As per requirement of our clients, you may be deputed to

client’s office to undertake Projects and for such services, you will be paid compensation
in fixed & process based pay depending on your attendance in the concerned project of
the client. During unavailability of projects you will be kept of bench and fixed gross
salary will be paid based on attendance.

 Your employment with Collabridge is for a period of 12 months. Either party can
terminate the relationship at any time with or without cause by giving one month’s
notice in advance. You acknowledge that this is an offer letter, and that any verbal or
written agreements, promises or representations that are not specifically stated in this
offer, are not or will not be binding upon Collabridge.

 Please confirm this offer before joining on 01-May-2018 that you will be able to start on
the day as indicated in this letter.

1-98/G/38, Gafoor Nagar, Serenity Square, Madhapur, Hyderabad-500081.

E - Mail : [email protected] Ph: 040 - 71327510 www.Collabxpress.Net

 Place of posting: You will be posted at Hyderabad. You may however be required to
work at any place of business which the Company has, or may later acquire or WFH/
Hybrid/. You may be redeployed to any other process of the client at any point of time
within the duration of your employment based on our client requirement.

 Company Assets: You will always be maintaining good condition company assets such
as ID cards, access cards, laptops, etc. which may be entrusted to you for official use
during the course of your employment and shall return all such assets to the Company
prior to relinquishment of your charge, failing which the cost of the same will be
recovered from you by the Company.

 Borrowing/accepting gifts: You will not borrow or accept any money, gift, reward or
compensation for your personal gains from or otherwise place yourself under pecuniary
obligation to any person/client with whom you may be having official dealings.

 Leave Policy: You will be entitled to leave as per law in force and as laid down in the
Standing Orders of the company. The company follows strict time schedule and late
comings are discouraged, unless otherwise notified by you in advance. Late marks will
be accorded to you for every late entry with one day of absence counted for e very three
late marks. You are eligible for 1.5 leaves (SL+PL+CL) per month. Every Year from
January onwards fresh leaves will start accumulating in the leave account.

 Termination: Your appointment can be terminated by the Company, without any

reason, by giving you 15 days’ prior notice in writing or salary in lieu thereof. You may
terminate your employment with the Company, without any cause, by 60 days’ prior
notice or salary for unsaved period, left after adjustment of pending leaves, as on date.
The Company reserves the right to terminate your employment summarily without any
notice period or termination payment, fit has reasonable ground to believe you are
guilty of misconduct or negligence, or have committed any fundamental breach of
contract or caused any loss to the Company.

 Confidential Information: During your employment with the Company you will devote
your whole time, attention and skill to the best of your ability for its business. You shall
not, directly or indirectly, engage or associate yourself with, be connected with,
concerned, employed or engaged in any other business or activities or any other post or
work part time or pursue any course of study whatsoever, without the prior permission
of the Company.

You must always maintain the highest degree of confidentiality and keep as confidential
the records, documents and other Confidential Information relating to the business of
the Company which may be known to you or confided in you by any means and you will
use such records, documents and information only in a duly authorized manner in the
interest of the Company. For the purposes of this clause ‘Confidential Information’
means information about the Company’s business and that of its customers which is not
available to the general public and which may be learnt by you in the course of your

1-98/G/38, Gafoor Nagar, Serenity Square, Madhapur, Hyderabad-500081.

E - Mail : [email protected] Ph: 040 - 71327510 www.Collabxpress.Net

 employment. This includes, but is not limited to, information relating to the
organization, its customer lists, employment policies, personnel, and information about
the Company’s products, processes including ideas, concepts, projections, technology,
manuals, drawing, designs, specifications, and all papers, resumes, records and other
documents containing such Confidential Information.

At no time, will you remove any Confidential Information from the office without
permission. Your duty to safe guard and not disclose Confidential Information will
survive the expiration or termination of this Agreement and/or your employment with
the Company. Breach of the conditions of this clause will render you liable to summary
dismissal under clause above in addition to any other remedy the Company may have
against you in law.

 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, utilize and exploit 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.

 Applicability of Company Policy: The Company shall be entitled to make policy

declarations from time to time pertaining to matters like leave entitlement, maternity
leave, employees’ benefits, working hours, transfer policies, etc., and may alter the same
from time to time at its sole discretion. All such policy decisions of the Company shall be
binding on you and shall override this Agreement to that extent.

 Governing Law/Jurisdiction: Your employment with the Company is subject to Indian

laws. All disputes shall be subject to the jurisdiction of Hyderbad & is therefore
subjected to Telangana Jurisdiction only.

 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. In case at a later date any of your statements/particulars furnished are
found to be false or misleading or your performance is not up to the mark or falls short
of the minimum standard set by the company, the company shall have the right to
terminate your services forthwith without giving any notice notwithstanding any other
terms and conditions stipulated therein.

1-98/G/38, Gafoor Nagar, Serenity Square, Madhapur, Hyderabad-500081.

E - Mail : [email protected] Ph: 040 - 71327510 www.Collabxpress.Net

 The above terms and conditions are based on the company's policy, procedures and other
rule 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 travelling, retirement, etc.
you will be governed by the rules of the company as shall be in force from time to time.

Please confirm your acceptance of Employment Offer by signing and returning the duplicate
copy. We welcome you, and look forward to receiving your acceptance and to working with
you.

Annexure - I
Employee Name Sholaganga Munureddy Uday Kumar Reddy
Designation Associate Consultant
Description Monthly Gross - INR Annual Gross - INR
Basic 18333 220000
HRA 7333 88000
Conveyance Allowance 1600 19200
CC Allowance 2750 33000
Special Allowance 15817 189800
Total Cost To Company 45833 550000

Yours Sincerely,

Collabridge.,

Sunil Rao

Director - HRD

1-98/G/38, Gafoor Nagar, Serenity Square, Madhapur, Hyderabad-500081.

E - Mail : [email protected] Ph: 040 - 71327510 www.Collabxpress.Net