[A NetAmbit Group Company]

OFFER CUM APPOINTMENT LETTER

25-Jun-24
To,

ABILASH B
[email protected]
Dear ABILASH B,

On behalf of Futuresafe service pvt Ltd we are pleased to issue this offer-cum-appointment
letter (“Letter”) to you for the position of Onboarding Executive on a fixed term basis for a
period of 11 months / full time basis]. Your service will commence on (27-Jun-24) and this
position will be based out of one of Company's client site at Chennai, which will be informed
to you upon you accepting the offer (Chennai). Company reserves its right to depute or
transfer you to any other Client’s site or location at its sole discretion subject to its service
engagement and requirements of different clients. Your employment with the Company is
subject to your acceptance of this Letter and the terms and conditions set forth herein.
Please convey your acceptance, should you wish to accept this offer, by sharing a signed
copy of this letter with the company within a period of 7 days from the date of this letter. This
offer shall be revoked automatically, in the event we do not hear from you within the
stipulated time as mentioned aforesaid.

TERMS & CONDITIONS OF EMPLOYMENT

1 Salary:

1.1 Your remuneration structure will be as per enclosed “Annexure 1” subject to all
lawful deductions including income tax, your contribution to the Provident Fund,
and/or any other deductibles as per applicable laws;

1.2 Your remuneration is inclusive of Company contribution to the Provident Fund as

required under the Employees’ Provident Fund and Miscellaneous Provision Act,
1952, and as further described in the Company’s policies and procedures.

1.3 The applicable variable pay will be provided as per the Company’s policies.

2 Responsibilities & Duties:

2.1 You would be assigned a reporting manager immediately upon your joining, who
will advise you about your job responsibilities including Deputed Location. You
are expected to perform your job to the best of your ability at all times strictly
adhering to the job responsibilities as would be advised by your manager from
time to time including such other services as may be required by the Company
as per its service level arrangements, assignments and commitments with its
clients;
 2.2 You are expected to perform the services in a professional manner until the
completion of the term of the employment or work assignment, whichever is
earlier. In the event your services are required beyond the term period of your
contractual employment, a fresh offer letter on either similar or amended terms
and conditions would be executed at the Company’s sole discretion. The said
extended or fresh offer letter would, however, be subject to revision in the term
period for completion of work assignment, compensation and responsibilities,
which would be discussed with you prior to issuing the said revised offer /
amended offer letter.

2.3 You will not engage in any act, which would be detrimental to the interest of the
Company or our clients.

2.4 Unless specified in writing, you shall not be authorised to enter into any
contractual obligations on behalf of the Company or its affiliates including
creating a lien (statutory or other), security interest, mortgage, pledge,
assignment, encumbrance, chattel or conditional sale or other title retention
agreement or any other financial obligations or otherwise on behalf of the
Company or its affiliates.

2.5 You have to report and be present at the Deputed Location during the working
hours of our client and abide by the rules and regulations of both the Company
as well as our client(s).

2.6 You may be deputed to any of our client sites as per Company’s service level
commitments, engagements or assignments with different clients and you will
abide by the rules and regulation of both the Company and our client(s).

2.7 In no manner whatsoever, this offer letter can be or to be construed as

employment being offered to you or accepted by any of our clients and you will
not have any claim be it statutory or otherwise, directly or indirectly on our
clients. You agree to defend, indemnify and hold our clients harmless from any
and all claims, damages, liabilities, attorney fees and expenses on account of
Company’s failure to fulfil any of its obligations as per this letter or for any
misconduct or for violation of any law or creation of any legal liability by you.

3 Hours of Work:

The normal business hours as per law i.e. 9 hours per day subject to 48 hours in a week.

4 Employees State Insurance Corporation (ESIC) and Statutory Bonus:

Your coverage under ESIC scheme and statutory bonus will be determined by the
Company basis government regulations and applicable statutes.

5 Leave Policy:

The Company will grant you leave as required under law and as provided in the
Company’s policies and procedures. All leave scheduling and organisation will be
arranged to ensure smooth business operation; your manager’s approval is required
prior to your scheduling or availing any leave.

6 Gratuity:
 Gratuity will be paid subject to you meeting the eligibility criteria as required under the
Payment of Gratuity Act, 1972 and as further described in the Company’s policies and
procedures.

7 Employee Benefits:

You will be eligible to receive benefits as may be provided by the Company in the
Company’s Policies and Procedures.

8 Termination of Services:

8.1 Your employment may be terminated by either party by giving 7 (Seven) days
written notice (exclusive of any leaves availed during the said period) or payment
of 7 (Seven) days salary in lieu of such notice period to the other party.
Company holds the right to accept or deny payment in the event you fail to serve
the required 7 (Seven) days’ notice period;

8.2 If any declaration given or information furnished by you to the Company proves
to be false or if you are bound to have wilfully suppressed or concealed any
material information, in such cases, Company may take action against you
including but not limiting to termination without any notice or pay in lieu thereof;

8.3 Company reserves the right to terminate your employment forthwith “for cause”
without advance notice and without payment of severance, in the event you:

8.3.1 Have been found guilty of any misconduct or indiscipline after due
enquiry by the Company;

8.3.2 Have violated or are in breach of any of the terms of this Letter or the
Company’s/ our client’s policies, guidelines or procedures;

8.3.3 Have been grossly negligent, or have grossly neglected your duties, or
have underperformed your duties, or have performed your duties in a
manner unacceptable to the Company / our client;

8.3.4 Have suppressed any information or submitted false information with the
view to obtain employment in the Company;

8.3.5 Are convicted for any offence under any law for the time being in force in
any jurisdiction; and/or

8.3.6 Commit any act detrimental to the interest of the Company/ our client.

8.3.7 Abstain from work for seven consecutive days without informing the
Company;

8.3.8 Found to be engaged in any other employment (on full-time or part-time

basis) or other business activity or provided services to any client other
than the Company assigned client, without the written consent of the
Company.

8.4 Company reserve the right to evaluate and appraise your performance at any time during
your employment period. In case of underperformance or non-performance up to the
 Company expected standards, you will be informed about the same and you will be
placed under Performance Improvement Plan (PIP) for a period of 7 days as per
Company’s policies. If there is no improvement in your performance after expiry of the
said period, the Company reserves the right to terminate your employment as per its
policies with immediate effect.

8.5 Upon termination of your employment for any reason whatsoever, you will return to the
Company, without delay, all assets belonging to the Company, correspondence, records,
specifications, models, notes, formulations, lists, papers, reports and other documents
and all copies thereof and other property belonging to the Company or our client or
relating to its business affairs or dealing, including any Confidential Information and
Intellectual Property Rights, which are in your possession or under your control or had
access at Deputed Location. At the Company’s option, you agree to provide a written
certification of your compliance confirming the aforesaid. Further, you agree to sign a
termination letter in accordance with the Company’s policies and procedures, which will
reaffirm your compliance of your post-termination obligations, including return of the
Company’s property/properties and releasing the Company from all claims, liabilities and
obligations. Where the Company has made any excess payment to you as part of your
relieving formalities, whether or not such excess payment is termed “Full and Final
Settlement”, you shall be obligated and liable to repay such excess amount forth with
upon being notified by the Company.

9 Confidentiality:

9.1 You acknowledge that you have acquired and/or will acquire Confidential
Information, (a) during the course of your employment with the Company, (b)
Confidential Information belonging to our client during work assignments at
Deputed Location(s), and that the ability of the Company to continue its business
and liability towards its clients could be seriously jeopardized if such Confidential
Information were to be used by you or by other persons or firms to compete with
the Company. Accordingly, you agree that you shall not, directly or indirectly, at
any time, during the term of your employment with the Company or at any time
thereafter, and without regard to when or for what reason, if any, such
employment shall terminate, use or cause to be used any Confidential
Information in connection with any activity or business except the business of the
Company, and shall not disclose or cause to be disclosed any Confidential
Information to any individual, partnership, corporation, or other entity unless such
disclosure has been specifically authorized in writing by the Company, or except
as may be required by any applicable law or by order of a court of competent
jurisdiction, or any regulatory or governmental body. Further, you agree that you
will give the Company prompt notice of any such order/direction of a court/
regulatory or governmental body so that the Company may seek relief by way of
a protective order or other appropriate remedy, and further will provide any
assistance which may reasonably be require in order to secure such order or
such remedy (with your expenses reasonably incurred in providing such
assistance to be reimbursed by the Company). In the event such protective order
or other remedy is not obtained, you shall furnish only that portion of the
Confidential Information which is legally required by the governmental entity or
regulatory authority; and will use reasonable efforts to accord confidential
treatment to any Confidential Information so disclosed.

9.2 You will not disclose to any person, firm or body corporate, without approval from
appropriate authority of the Company, any information and trade secrets of the
Company, and of Company’s clients where you may be deputed.
 9.3 You will be bound by rules, regulation and office directions and policies as may
be in force and framed by the Company from time to time in relation to your
employment and services, which will form part and parcel of your employment
letter.

10 Governing Law and Jurisdiction:

Your employment, and any disputes that may arise thereunder, out of, or in connection
with your employment, shall be governed by and construed in accordance with the laws
of India, and the Courts having territorial jurisdiction over the registered office of the
Company shall alone have exclusive jurisdiction to try and entertain such disputes to the
exclusion of any other Courts situated elsewhere.

11 Others:

11.1 You will be bound by the code of conduct of the Company and all other rules,
regulations, instructions, policies, circulars and orders, etc. issued by the
Company from time to time in relation to your conduct, discipline and service
conditions such as leave, medical treatment, retirement, etc. as if these code of
conduct, rules, regulations, circulars, instructions and policies, etc. were part of
this offer-cum-.

11.2 You will be governed by the rules, regulations, service conditions, policies,
circulars, notices, etc., of the Company which are in force at present and maybe
amended/ formulated/ invoked/ introduced by the Company from time to time as
applicable at its sole discretion. It is understood that all Terms & Conditions of
your employment are subject to revision at any time at the sole discretion of the
management of the Company.

11.3 Your acceptance of this position is subject to successful completion of

background verification, which the Company may undertake at its sole discretion
and as per its client(s) requirement. You may be required to furnish requisite
information to the Company, and you understand that this offer letter is
contingent upon successful completion of background investigation. We reserve
the right to end our employment agreement with you should the results of your
background investigation are not successful either prior to your joining or any
time during the term of your employment.

11.4 You are requested to provide your acceptance to this offer letter within 24 hours
from the receipt of this letter, in case we don’t received the confirmation and you
have not rejected the offer/ joined the company/ started providing your services
then it shall be deemed that you have agreed, acknowledged and accepted
explicitly all the terms mentioned in this offer Letter.

Please review the aforesaid and return the signed copy of this letter as token of you having
read, understood, agreed and acceptance of the terms & conditions of the appointment.

Wish you all the best.

Authorized Signatory
Ranjeet Singh

Annexure 1 – Salary Details

Particulars Amount (Monthly)

Basic 15000
HRA 7500
Bonus (statutory) 1250
Transport Allowance 0
Special Allowance 1006
Gross Salary 24756
Employee‘s PF Contribution 1800
Employee‘s ESIC Contribution 0
Take Home 22956
Employer‘s PF Contribution 1950
Employer‘s ESIC Contribution 0
Medical +Accidental Insurance/Life Insurance 294
Cost To Company (CTC) 27000

- Details of the monthly salary to be mentioned clearly.

- PF contribution should be captured in the salary structure

Acceptance

(Signatures)
Name: