Date: 15/02/2025

To,

Dear ANNAPAREDDY SAILAJA,

Subject: Offer – Cum- Appointment Letter

With reference to your application and the subsequent interview, we are pleased to offer you a promising
career with us. Your appointment with VIVID TECHNOLOGIES PRIVATE LIMITED will be subject to your
agreement/ acceptance of the terms and conditions as defined therein, else the letter shall automatically
stand invalidated without any further obligation on the part of the Company. The details of the terms and
conditions are as mentioned below:-

Designation – EXECUTIVE

Organizational Band/ Grade – M0

Location - HYDERABAD [ Remote ]

Date Of Joining- 17/02/2025

Job Detail:

Although your normal work will consist of the duties and business targets as assigned to you from time to time,
which shall be achieved by you to the satisfaction of the company; you may at any time be called upon to
discharge any other duties which in the opinion of the company are within capacity to discharge and you will
forthwith undertake to discharge those duties with diligence and care.

Compensation & other Benefits:

1. Your annual emoluments will be 614820 per annum on a Cost to Company basis. The brief details of
which are shown in Annexure-1.The Company will deduct taxes and other statutory dues as may be
applicable from time to time from the remuneration payable to you.
 2. Besides emoluments, based on your performance and the Company’s performance, you may be
eligible for variable pay/incentives or performance bonus as applicable to your grade, as
declared by the Company from time to time.

3. The Provident Fund Scheme and other retirement schemes, if any.The company will contribute 12%
of your basic salary per month as its contribution and an equal amount will be deducted from your
payroll as your contribution towards this fund as per the Provident Fund Act, 1952

a) Medical Hospitalization Scheme ,as applicable.

a) Group Term Insurance plan, as applicable.

a) Gratuity - You will be entitled to gratuity as per 'Payment of Gratuity Act, 1972'. Please note that
gratuity is payable only on completion of 5 years of service

b) Employees State Insurance Corporation – You will be entitled to the benefits under Employees
State Insurance Corporation Act, 1948

Depending on your eligibility :

1. The Company in line with its business requirement or based on your performance as applicable to you
from time to time reserves the right in its sole discretion to effect change in the compensation
structure or its components.

2. All matters pertaining to compensation on your joining or thereafter is to be maintained under strict
confidentiality and not shared with any third party..

Probation Period:

1.​ 1. You will be on probation for a period of six (6) months from the date of your joining the Company,
which may be extended in case it is found necessary by the Company. You will continue to be on
probation unless specifically confirmed in writing.
2. Your confirmation in the Company would be based on your performance, which would be evaluated at
the end of 3rd and 6th month from the date of your joining or at the end of 12th month in the event of
extension of probation. While on probation, your services can be terminated at any time by either
party, without notice or wages/compensation in lieu therein and without assigning any reason
whatsoever.

Transfer:

1. Although you are initially appointed at our HYDERABAD office [WFH], the Company may at its
discretion transfer your services either temporarily or permanently to any other location or
department of the
 Company or to any of its affiliates, subsidiaries, or any of their branches and you shall comply with all
directions and instructions on that behalf. While on your transfer, you will be governed by the rules,
regulations and conditions of service as applicable.

Leave:

1 You will be eligible for leave as per the rules of the Company applicable from time to time. During
probation, you will be entitled to 5 days of Sick Leaves only. Once confirmed, your entitlement will be
prorated from the commencement date of employment.

Retirement:

1. You will automatically retire on attaining the age of 58 years and that no further notice whatsoever to
you will be necessary in this regard. The last day of the month when you attain the age of 58 years
would be considered as your relieving date.

Conflict of interest:

1. Whilst in the employment of the Company, you shall engage yourself exclusively in the work assigned to
you by the Company and shall not take up any independent or individual assignments whether on part
time or full time basis or in an advisory capacity either directly or indirectly.
2. On your joining and during the course of your employment with the Company, you will relinquish all your
previous interest, if any, either as a licensed agent or distribution agency of any other form with any
other company, institution, firm, individual either in the same line of business or otherwise.
3. You will always maintain utmost confidentiality and shall not either during your engagement with the
Company or thereafter, divulge to any person whatsoever any records, documents, formulae,
processes, methods ideas or any other information or communication whether written, visual or oral
and whether or not marked as confidential, concerning the business and affairs of the Company or any
of its dealings, transactions which come to your knowledge during the course of your employment, or
use any of the same for your own benefit.
4. Whilst in employment of the Company, you shall at all times whether or not you have any financial
interest or otherwise either directly or indirectly, keep the Company disclosed fully of any conflicting
business interest of your immediate relatives, if any, associated with the Company either as employee,
distribution agent or otherwise.
5. Any invention, improvement, or idea conceived by you in connection with your employment with the

Company, shall become the Company’s exclusive property. For the purpose of this section / point, the
Company shall in addition to mean and include any other firm, person or company subsidiary to or
affiliated with the Company
6. Unless specifically authorized by the proper authority within the Company, you will not engage or
represent the Company, whether in person or by way of any written document and, in any manner.
7. During the course of your employment you will be required to abide by governing laws, applicable rules

and regulations and maintain the highest standard of personal conduct and integrity and comply with
all policies and procedures of the Company. Any breach, deviation, disobedience of code of
conduct/procedures/policies/laws/regulations including but not restricted to any acts of
insubordination, negligence, corruption, fraud, forgery, misappropriation and unacceptable behavior,
which bring disrepute to the Company either within or outside the Company premises would warrant
stern disciplinary action, including dismissal from services of the Company without notice or wages in
lieu of notice.

Notice on confirmation:

1. This engagement may be terminated by either party by giving to the other, at any time, notice of fifteen
days in writing or by paying wages/compensation for fifteen days in lieu of notice.

2. Notwithstanding anything contained herein, your employment with the Company shall stand terminated
forthwith without any notice or payment in lieu of notice on account of :

a. breach of governing laws, applicable rules and regulations;

b. breach of applicable Company policies, procedure or code of conduct whether express or

c. performance below defined targets as applicable from time to time;

d. any act/s which is/are regarded as breach to the interest of the Company.

Others terms and condition:

1. While in the employment of the Company you are required to effectively carry out all duties and
responsibilities assigned to you. Disrespect for other employees, insubordination or flouting company
policies will not be tolerated.

2. You are required to provide all the necessary documents/ evidence required on the information
furnished by you while seeking employment and as required under the rules and regulations of the
Company.
Rules and Regulations:

1. We believe that you have not made any false declaration or willfully suppressed any material
information. Accordingly, the offer of appointment is made relying upon information furnished and
representation made by you. However, the offer of appointment is subject to reference and
background check to be conducted by the Company at its discretion at any point of time during the
course of your employment. If for any
reason it is found that the reference or background check is negative or detrimental to the interest of
the Company as determined by the Company, in its sole discretion, the Company is entitled to
terminate your services at any time during or even after completion of the probation period with
immediate effect without notice or any salary in lieu of notice.

2. If for any reason, you remain absent/abstain from duty for a continuous period of seven (7) days without
pre-approved leave or without intimating and obtaining the prior approval of your
manager/immediate superior, or if you remain absent/abstain from duty for a period of seven (7) days
beyond the period of leave originally granted without intimation or without obtaining the approval of
your manager/immediate superior, it would be treated as abandonment of service and you will be
deemed to have voluntarily abandoned your service without notice. The Company / employer would
not be responsible for any further intimation towards such separation / abandonment of service nor
any compensation or any full and final settlement payouts towards the same.

3. In case your employment with the Company is discontinued for any reason within 30 days from the date
of joining, you will not be eligible for payment of dues or any other benefit from the Company on
account of the expenses incurred by Hinduja Global Solutions Private Limited towards on-boarding
activities.

4. It will be your sole responsibility to inform the Company in writing of any change in your address, failing
which any communication sent to you in the address last stated by you shall be deemed to be validly
served on you.

5. On your joining, you will be required to undergo a Regional Induction programme for a period of twelve
(12) days at the Specified Regional location as communicated by the Regional Human Resources
Manager, designated to your location .In case you are required to travel and stay at another location
other than your base location for your induction, you will be eligible for training allowance as per
Company Policy.

6. While in the employment of the Company and for a period of three (3) months thereafter your salary
bank account as reflected on the Company’s records, may be subject to audit at any point of time. By
signing this letter, you hereby authorize and provide to the Company an irrevocable right to access
your salary bank account for audit purposes during the period specified he
7. Management reserves the right to effect change in any of the above clauses and the same will be
Communicated to you through SAP or other communication channels as prevalent . If you are
agreeable to the above mentioned terms and conditions, please acknowledge your acceptance by
signing the duplicate copy of this letter. We look forward
 to a mutually rewarding relationship.

Regards,

For & On behalf of

Vivid Technologies Pvt Ltd.

Pramit Sen

AVP - Human Resource

Signature:

Name: ANNAPAREDDY
SAILAJA
Designation: EXECUTIVE
Location: Hyderabad
SALARY ANNEXURE

Annexure-1

Particulars Annual Monthly

Basic 425832 35486

House Rent 77328 6444

Conveyance 72000 6000

Special Allowance 25200 2100

Bonus 14460 1205

Provident Fund 33600 2800

Gratuity 22560 1880

Fixed Cost To
Company

Total Fixed Cost 558660 46555

To Company

The Bonus component shown above is as per the Payment of Bonus Act and would be paid as part of monthly
salary. Sales incentives/VPP as applicable, will be over and above this.

Other Eligibilities
On appointment you will be covered under the Group Term insurance as per Company policy for a term cover
of Rs. 17,00,000.