Offer Letter

Date : Tuesday, January 23, 2024

Dear Seemant Paraste,

Congratulations on your decision to be a BYJUITE! At BYJU'S, we are on a mission to help students fall in love with learning across the world. We create
learning journeys for every student that address their unique needs and make them lifelong learners. We hope your contributions and passion would help us
achieve this mission.

It gives us immense pleasure to formalize your offer and appointment for the position of Business Development Associate - Inside Sales (L) at Think and
Learn Private Limited (hereafter referred to as ‘BYJU'S' or 'Company'’) in the Inside Sales function subject to your acceptance of the offer mentioned in this
letter. The letter includes details of your compensation, probation and notice periods. As you read through the details, please feel free to reach out to the
recruiter who managed your process, with any questions or concerns.
Your date of joining at BYJU'S is Tuesday, January 30, 2024 . Your onboarding details will be communicated by BYJU'S Onboarding Team post acceptance
of the offer. In case you do not report at your job on or prior to Tuesday, January 30, 2024, the offer shall be deemed to be rejected by you. Please accept
this offer in our HR portal so that we can initiate your onboarding process . Once initiated, you will be receiving an email confirmation for the same. In case you
do not acknowledge and accept this offer letter on the HR portal within two working days, the offer would stand withdrawn.

Position Details and Compensation Overview

Designation Business Development Associate - Inside Sales (L)

Department Inside Sales
Employment Type TLPL - Regular
Work Location # 301, 10th Foor, C-21 Business Park, Opp. Hotel Radisson, Indore - 452010

Fixed Compensation: ₹ 400,000.00 per annum

Variable Compensation: Up to ₹ 300,000.00
Total Annual Cost to Company: ₹ 700,000.00

Joining Bonus: In addition to the fixed compensation, you are entitled to receive a joining bonus of INR 0.00. If your joining date is on or before the 24th of
the month, the bonus will be released with your first month's salary. However, for those joining after the 24th, the bonus will be disbursed in the subsequent
month's salary. To qualify for the bonus payout, it is important that you maintain an active employment status without serving notice, being inactive, resigned,
terminated, or on garden leave during the payroll day, which occurs on the 1st of the month.
This clause is applicable only if the Joining Bonus component in the above structure is non-zero.

You are requested to join the services of the Company not later than Tuesday, January 30, 2024, failing which you may please consider the offer to be
withdrawn unless an extension to the date of joining has been mutually agreed in writing. You are requested to signify your acceptance of the terms and
conditions by accepting the offer on our HR portal.

The terms of your employment contract are strictly confidential and should be treated as privileged information between yourself and the Company. You are
expected to maintain such information appropriately. We take this opportunity to thank you for the interest you have shown in our organization and look
forward to welcoming you on board for a fruitful career with us. We are certain that you will find challenge, satisfaction, and opportunity in your association
with the Company.

Best Regards,

Deeptha A R
Head – Human Resources
Think & Learn Pvt. Ltd

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Terms & Conditions

1. The Income Tax liability regarding your salary and perks will be governed by the taxation laws of the country as applicable from time to time.

2. The company shall be entitled to deduct, from the above remuneration payable to you, the following contractual, statutory, and compulsory deductions:

Provident Fund
Income tax deducted at source at the rates applicable
Employment/Professional taxes
Dues to the company including loans and advances
Or any other applicable statutory deductions

3. Variable pay, if applicable, will be paid based on your performance and the company’s performance for the year. The payment is subject to your being
active (not serving notice) on the company rolls on the date of payout. More details will be mentioned on the appointment letter which shall be shared upon
joining.

4. Benefits – All the full-time regular employees of the Company are eligible for our employee benefits program effective from their Date of Joining.

You would be entitled to avail the below-mentioned benefits, which are governed by the prevailing company policy. More details regarding benefits, eligibility
and related policies will be available on the HR Portal after the onboarding formalities are completed.

Leaves
Employee Medical Insurance/ESIC (As applicable)
Employee Personal Accidental Insurance
Employee Wellness (BYJU'S Let's Talk Initiative - 24 Hour one-on-one counselling from experts)
Gratuity, as per government rules

5. In the event of you resigning from the services of the Company on your own accord within one year of employment, you will be required to pay BYJU'S the
full amount of Notice Period buyout.
This clause is applicable only if there has been a notice-period buyout by BYJU’S.

6. Probation – On joining the Company you shall be on probation for 90 days. During this period, your employment may be terminated by giving you a
notice of 1 days. You are also at liberty to resign from the services of the Company by giving 1 days' notice in writing. Further, unless otherwise
communicated to you in writing, your services shall stand confirmed at the end of the period of probation. You hereby agree and acknowledge that, in the
event that you resign from the services of the Company within 30 (thirty) days from the date of joining, you will not be entitled to receive an experience letter
from the company.

7. Separation and Notice Period – Subsequent to completion of your probation period, your services may be terminated in the following manner:

In the event of your resignation from the services of the Company, where you will be required to give the Company a written notice of 15 days, the
notice period has to be served in full unless otherwise agreed mutually in writing. In case of failure to serve the above notice period, the Company
shall have the right to deduct the salary in lieu of the notice period and you will not be eligible to be hired by the Company in the future. You shall,
on ceasing to be the employee of the Company for any reason and in addition to the obligations under the Non-Disclosure and Confidential
Information Agreement, forthwith return all Company properties, movable and immovable, including all Company information and data in any form,
files, reports, memoranda, software, credit cards, door and file keys, computer access codes, laptops, desktops, and such other property which
you received or in possession or prepared in connection with your employment with the Company.
The Company will be entitled to terminate your services by giving you 15 days of notice in writing, or by payment of 15 days of salary in lieu of such
notice. In the event you desire to leave the services of the Company, you will be required to give the Company 15 days of notice in writing or
15 days of salary in lieu of such notice.
In the event of termination on disciplinary grounds including but not limited to embezzlement, fraud, gross negligence, incorrect information found
during background verification, wilful misconduct, criminal offenses - alleged or guilty, or a material violation of Company policies, or you are found
to be absconding from the services of the Company or for any other reasons causing grievous loss/damage/disrepute to the Company/associates,
your termination will be immediate and without any notice or compensation.

8. The detailed breakup of CTC will be shared in your appointment letter.

9.Anti-disparagement: During the term of engagement/ employment and at all times thereafter,

(i) The Employee shall not, directly or indirectly, in any capacity or manner, make, express, transmit, speak, write, verbalize, or otherwise communicate in

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any way (or cause, further, assist, solicit, encourage, support or participate in any of the foregoing) any remark, comment, message, information, declaration,
communication or other statement of any kind, whether verbal, in writing, electronically transferred or otherwise, that may reasonably be construed to be
derogatory, disparaging, denigrating, maligning or critical of, or negative towards the Company or the business or business relationships of the Company or
any shareholder, or any of their affiliates, investors, employees, directors, agents, or partners including business partners;

(ii) The Employee shall not assist, or cooperate with, any other person in committing any act, which, if committed by the Employee, would constitute a
violation of this clause; and

(iii) The Employee shall not do or cause to be done any act, deed or thing which would affect the Employee’s obligations to the Company and shall promptly
inform and keep informed the Company of any act, deed, thing or event which would prejudicially affect the interests of the Company. Any violation to the
provision will lead to legal/disciplinary action.

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