UST/38130977/RH2592646
April 23, 2025
Vivek T K
Bengaluru
Sub: Letter of Offer
Dear Vivek,
We are pleased to inform you that after careful consideration, US Technology International
Private Limited (‘Company’) has decided to make you this offer of employment, for the
position of “Lead II - Enterprise Solutions”, B2. This offer letter (“Letter”) sets forth the
terms of the offer and will be followed by a detailed employment agreement. You will receive
the employment agreement on the day of your joining. The employment agreement will
contain the detailed provisions that will govern the terms and conditions for your employment.
Employment Commencement Date: You are expected to join the Company, on or before
May 13, 2025. Please note that this offer is valid only till April 29, 2025. Should you not
respond within such time frame, this offer shall stand revoked.
Location: You understand that your base location will be Bangalore. However, the Company
may, at its discretion, allow you to work from home or a different city/location provided that
you may be asked to come back to your base location when required by the Company. You
also understand that you may, depending upon business exigencies or requirements, be
deputed to work with any of the Company’s group companies, affiliates or customers.
Salary: Your yearly consolidated compensation will be Rs. 28,00,000/- (Rupees Twenty
Eight Lakhs ) per annum.
…..
This will include an Annual Variable Pay of upto a maximum of Rs. 1,40,000 per annum
subject to the policy of Company in this regard.
Details of the salary have been set out in Annexure-1 to this Letter.
Policies: From the Effective Date, you will be covered under, and be subject to, the policies of
the Company as may be issued from time to time.
Non-Compete and Non-Solicitation: As a part of your employment, you will be subject to
standard non-compete and non-solicitation covenants which will extend during the period of
your employment and for a period of [12 (twelve) months]. Detailed provisions in this regard
will be included in your employment agreement.
Confidentiality and Intellectual Property Rights: As a part of your employment, you will
be subject to standard confidentiality covenants requiring you to Hold in strict confidence and
not disclose or use any confidential or proprietary information belonging to the Company, both
during and after your employment. You will also be subject to customary provisions relating to
the ownership of all intellectual property generated by you during the course of your
employment and the assignment thereof.
Background Check: This offer is conditional, subject to the receipt of satisfactory completion
of background and reference checks, and due verification of your documentation on joining. In
case there is any discrepancy in the testimonials submitted to us or references, then this offer
would stand revoked. You consent to the Company carrying out such checks either directly and
/ or through a third part agency and acknowledge that your employment / continued
employment is contingent upon the Company being satisfied with the results of such checks.
Personal Information: You further agree and understand that the Company (and / or any of
its group companies) may, from time to time, including during your employment, require
information from you including information that may be classified as “sensitive personal data
or information” under the Information Technology Act, 2000 or, when enforced, as personal
information under the Digital Personal Data Protection Act, 2023 (the “Information”). You
hereby authorize the Company (and / or any of its group companies) to collect, store, transmit
and use any and all Information (unless restricted by applicable law) provided by you to the
Company (and / or any of the group companies). You further authorize the Company (and its
relevant group companies) to disclose the Information to other group entities or other persons
for legitimate business reasons or for any other reason that the Company (and / or the relevant
group company) may deem necessary irrespective of whether such group entities or third
parties are located in India or any other country.
By choosing to accept this Letter of offer you confirm that you have no obligations, of any kind,
surviving with previous / current employer which restrict or inhibit you from joining the
Company and carrying out such responsibilities as the Company may deem appropriate from
time to time.
This Letter shall be governed by Indian law with the Courts of competent jurisdiction at
Bangalore having jurisdiction over any disputes that arise.
Should you have any questions with regard to any of the items indicated above, please do not
hesitate to contact us at [email protected].
You are requested to return the duplicate copy of this Letter, duly signed, to evidence your
acceptance.
We look forward to your acceptance of this Letter and a mutually beneficial enduring
relationship.
Best wishes,
for US Technology International Private Limited
Vinesh George Accepted
Director-HR Vivek T K
Execution by the Employee:
I, Vivek T K, agree and accept this conditional offer on the terms and conditions outlined and/or
referred to in this Agreement.
Signed by Candidate IP Address
$IPAddress
106.206.77.63
$Signature
Date
$Date
24 Apr 2025, 06:22 AM UTC
Encl: Annexure 1
Annexure 1
Name: Vivek T K
Designated as: Lead II - Enterprise Solutions
Components Monthly Salary Annual
Basic Salary 66,500 7,98,000
House Rent Allowance 33,250 3,99,000
Education Allowance 200 2,400
Bonus Ex-Gratia 4,200 50,400
Other Allowance 1,12,392 13,48,700
Employer Contribution to PF*** 1,800 21,600
Gratuity 3,325 39,900
Variable Pay 1,40,000
Cost to the Company (CTC) 28,00,000
* All payments are subject to applicable statutory tax deductions
