Tredence Analytics Solutions Pvt Ltd

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Tredence Analytics Solutions Pvt Ltd | 2nd Floor, Sattva Knowledge Court

20 21,7th Cross Rd, Green Domain layout, EPIP Zone, Whitefield,


Bengaluru, Karnataka 560048

December 12 , 2024
Bangalore

Subject : Offer Letter

Hi VALAPALA MANOJ KUMAR,

Congratulations!

On behalf of Tredence Analytics Solutions Private Limited, we are pleased to extend the offer
of employment to you on the following terms and conditions :

The key terms and conditions of your employment are specified below:

Appointment

Position : Your designation will be STL – Level 2 and title Software Team
Lead

You will work from our office located at Sattva Knowledge Court,
2nd Floor, Wing B, Doddenakkundi, I Phase, Industrial Area,
Doddenakkundi Village, K.R.Puram, Hobli, Bengaluru, Karnataka
560048

During the term of employment, you will perform such duties as


may be assigned to you from time to time and will follow all
directions given by the company’s management.

Commencement Date : Your joining date as mutually agreed is 2nd January 2025

Probationary Period : You will be required to serve a probationary period of six


months. Your performance will be formally reviewed at the end
of the period. Your probation period may be extended if deemed
necessary by the management. During the probation period,
either party may terminate the employment by giving prior
notice of sixty days.
Total Compensation

Annual Remuneration : You are eligible for a total compensation package of INR
Package 27,00,000.00 . The compensation offered to you is described in
detail in ‘Annexure 1 : Remuneration’ annexed to this offer.

Performance Appraisal : The appraisal cycle is annual – from January to December of


ever calendar year. If your start date is after October 1s t , you
will not be eligible for that annual appraisal cycle.

Variable Pay : Variable pay is a guaranteed pay component which shall be


prorated for your employment period and paid out on a
monthly basis retrospectively. For eg; The variable pay for the
month of April will be paid out in May salary(month end).

Intellectual Property : The company has extended this offer based upon your general
of other Employer(s) knowledge, background, experience and skills and abilities and
not because of your current employer’s or any previous
employer’s trade secrets or other company specific information.
As a condition of your engagement at the company, you agree
not to disclose or use confidential information or proprietor
information or any trade secrets of any current or prior
employer.

In this regard, you should be extremely careful not to bring to


the Company any documents or other materials in any form
belonging to or from any current or prior employer.

Conflict of Interest : You shall not engage in any outside work, in any capacity , for
remuneration or not, over and above the legitimate work with
the Company on working days, on holidays or when on leave
without obtaining the management’s prior permission in
writing.

Other Information : Please always keep your records updated and informed to the
Company, such as your phone numbers, addresses, etc. You are
solely responsible for filling returns of your personal income
tax.

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This offer is subject to your background verification of such as academic, employment,
salary history etc. Please confirm your acceptance of the above-mentioned terms and
conditions by signing a copy of this Offer Letter.

This offer is valid for Six days from the data of this letter.

We look forward to welcoming you to Trendence Analytics Solutions Private Limited.

For Trendence Analytics Solutions Private Limited.

Rekha Nair
Senior Director – Human Resources

Acceptance

I accept above mentioned terms and conditions.

Signature :

Name :

Date :

Place :

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Annexure -1 : Remuneration

Name VALAPALA MANOJ KUMAR


Designation Senior Software Engineer
Component Annual (Rs.)
Basic Salary 10,80,000.00
HRA (40% of Basic Salary) 4,32,000.00
Special allowance 9,26,000.00
Gross (A) 24,38,000.00
Statutory Contributions (PF) (B) 1,62,000.00
Gross with statutory (A + B) 26,00,000.00
Variable Pay (C) 1,00,000.00
Total Annual CTC (A + B + C) 27,00,000.00
Joining Bonus (One-time) 1,00,000.00
Gratuity You are entitled for gratuity on completion
of 5 years employment with us.
Insurance Premium paid by the company for life and
accidental insurance for self and Medical
Insurance for Self + 5 dependents
(including Spouse , Children and Parents).

Note:
1. Statutory deductions such as Income Tax, Employee Contribution towards EPF,
Professional Tax, ESI, etc. will be deducted as per the applicable laws.
2. Variable pay is a guaranteed pay component which shall be prorated for the
employment period and paid out on a monthly basis retrospectively, provided the
employee is active on roles and not serving notice at time of pay-out.

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