Date: 17-Dec-2021

To,
Sourav Kumar
S/O Upendra Narayan Roy, Dominiya Tola,
Mangal Bazar Rita Kumari Basdeopur Munger, Bihar 811202

Dear Sourav,

We are pleased to appoint you as Business Analyst at Genesys International Corporation Ltd to be based at
Mumbai with effect from 24-Sep-2021.The appointment shall be at all times governed by the following terms and
conditions-

1. Your annual cost to the company will be Rs.6,00,000/-p.a.(Rupees Six Lakh Only) Band – D, Grade -5,
and Level -2. The detailed structure is given in Annexure A.

2. You will be placed on probation for a period of Six Months and the said period can be extended
in the event of non satisfactory performance at the discretion of the company.

3. During probation or after confirmation of your employment, the notice period required from either side is
Two Months notice in writing, subject however to the company’s right to pay basic salary in lieu thereof.

4. After successful completion of your probation, you will be confirmed in writing as a permanent
employee of the Company. You will be entitled to statutory and service benefits and be governed by
discipline and other rules existing or may come into existence from time to time, as and when applicable
as per rules of the Company and such other benefits as applicable to employees in force from time
to time to the location / place wherever you are working.

5. Your future increments or promotion or any other salary increase shall be based on merit considering your
periodic and consistent overall performance, business conditions and other parameters fixed from time to
time at the discretion of the management and shall not be considered merely as a matter of right. Your
performance would be evaluated during the annual Performance Appraisal.

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6. During the period of service with the company, you shall not indulge and/ or take part in any activity, which
are found to be detrimental in the interest of the company in any way. Such an action shall be deemed as
infringement to service conditions of the company and amount to causing damage to its interest and shall
call for disciplinary action being taken against you, as it may deem fit and appropriate.

7. You shall retire from the services of the Company on attaining 58 years of age.

8. During the tenure of your services, you will wholly devote yourself to the work assigned to you and will not
undertake any other employment either on full or part time basis. Any contravention of this condition will
entail termination of your services from the Company. (Section 65 of the Bombay Shops and Establishment
Act prohibits double employment and also puts an obligation on Employers not to permit the same.)

9. (i) Your services are liable to be transferred or loaned or assigned with / without transfer, wholly or
partially, from one department to another or to office/ branch and vice-versa or office/ branch to another
office/ branch of an associate company, existing or to come into existence in future or any of the Company’s
branch office or locations anywhere in India or abroad or any other concern where this Company has any
interest. In such case, you will abide by responsibilities expressly vested or implied or communicated and
shall follow rules and regulations of the department / office, establishment, jointly or separately, without
any compensation or extra remuneration or provision of accommodation. You, thereupon, may be
governed by service conditions and other terms of the said concern as may be applicable.

(ii) The aforesaid Clause (i) will not give you any right to claim employment in any associate or / sister
concern or ask for a common seniority with the employee of sister / associate concern.

10. In the event you are absent from duty without information or permission of leave for more than 8 day or
you overstay your sanctioned leave, the Management will treat you as having voluntarily abandoned the
services of the Company. You services will be terminated with effect from your first day of absence.

11. Your services are liable to be terminated at any time :

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 (ii) As and when the Company comes to know of any conviction by the Court of Law during the
tenure of your service with us or conviction and / or any bad record in the past under the previous
employer, or because of your giving false information at the time of your appointment or concealed
any material information or given any false details in the application form or otherwise as regard age,
education qualification , experience , salary etc.

(iii) If you are found to be not possessing desired qualification or have given false education proof.

12. You will keep the Company informed of any change in your residential address that may happen during the
course of employment of your service with the company.

13. All documents, plans, drawings, prints, trade secrets, technical information, reports, statements,
correspondence etc., written or unwritten and also information and instructions that pass through
you or come to your knowledge shall be treated as confidential. You shall not utilize them for
your own use or disclose to other persons during or after your employment. During the course of
employment with the Company, you will acquire, gain, generate, gather and develop knowledge of
and be given access to business information about products activities, know – how, methods or
refinements and business plans and business secrets and other information concerning the products
/ business of the Company, hereinafter called the “Secrets”. You will be liable for prosecution for
damages for divulgence, sharing or parting any of such information during course of employment and on
cessation for at least 2 years period.

14. You shall carry out the job /jobs connected with or incidental to which is necessary for business of the
Company. You shall do any other work assigned to you, which you are capable of doing or work at any other
post which has been temporarily assigned to you.

15. You shall faithfully and to the best of your ability perform your duties that may be entrusted to you from
time to time by the management. You will be bound by rules, regulations and orders promulgated by the
management in relation to conduct, discipline and policy matters and all such rules and regulations as the
Company may frame from time to time. You will not seek membership of any local or public bodies without
first obtaining specific permission of the management. In the event of your becoming member without
following due process as mentioned , it shall amount to contravention of provision of employment condition
and the management reserves the right to take appropriate action including dispensing with your services,
as it may deem fit. You will not give out to any one, by word of mouth or otherwise, particulars of our
business or administrative or organizational matters of a confidential nature which may be your privilege to
know by virtue of your being our employee.

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16. While you are in employment of the company, you may be given or handed over company’s property and/
or equipment for official use and you shall take care of them including their upkeep.

17. On cessation of employment with the Company, You shall return all documents, books, papers relating to
the affairs of the Company, purchased with the Company’s money, which may have come to you, and also
any property of the Company in your possession.

18. Any balance of advance or loan taken by you from the Company, shall be fully recovered from your salary
and all other legal dues, at the time of you’re leaving the services of the Company.

19. The company is obliged to deduct Income Tax at source as per provision of Income Tax Act / Rules.
Accordingly, you are required to submit all required proof of permitted savings / investments and other
details from time to time to enable the company to comply with the provisions of law. In the event of non
compliance by you as aforesaid if the company is required to pay any interest or payment under Income Tax
Act, it shall deduct the amount as may be paid or payable from your Salary or other payments and you shall
allow the company to comply with these requirements without objection.

20. All disputes arising out of this letter will be subject to the jurisdiction of the Courts in Mumbai. And that the
courts, tribunals and/or authorities at Mumbai only shall have jurisdiction to entertain, try and decide such
disputes or differences arising out of or pertaining to this contract of employment, irrespective of your place
of working being elsewhere at that times You are requested to return the enclosed copy duly signed
as a token of your acceptance of the terms and conditions of your employment.

Hope that this will be the beginning of a long and successful career with us.

Thanking You

For Genesys International Corporation Ltd.

Accepted: _______________
Vineet Chopra (Signature of an Employee)
Vice president Legal & Company Secretary

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 Annexure- A
Name : Sourav Kumar
Employee Code : GI2890
Designation : Business Analyst, Band-D, Grade-5, Level-2
Date of Joining : 24-Sep-2021
ANNEXURE OF EMOLUMENTS
P.M. (Rs.) Annual (Rs.)
Basic Salary 17500 210000
House Rent Allowance 8750 105000
Special Allowance 23750 285000
Gross 50000 600000
Company's contribution towards
(i) Provident fund 0 0
(ii) ESIC 0 0
CTC 50000 600000
Profession Tax 200 2400
Provident fund Employers Contribution 0 0
Provident fund Employees Contribution 0 0
ESIC Employers Contribution 0 0
ESIC Employees Contribution 0 0
(-) Statutory Deductions 200 2400
Take Home Salary 49800 597600
Total Cost to Company Rs.6,00,000/-p.a.
In words: Rupees Six Lakh Only

For Genesys International Corporation Ltd,

Vineet Chopra
Vice president Legal & Company Secretary Page 5