G Madan Mohan Offer

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Date: 16/06/2023

Letter of Offer

Dear G Madan Mohan,

With reference to your application and the subsequent interview you had with us, we are pleased to inform you
that you have been selected as Jr Engineer in Made Well Technologies, based at our Bangalore office. The key
components of your offer are as detailed below: -

Career band: Your career band would Professional.


Role band: You would be placed in roles Band A.

Title: The title that you would be using both internally and externally would be Jr Engineer (SQL DEVELOPER).

Compensation: Your Total Gross Pay will be INR 4,50,000 (Indian Rupees Four Lakh Fifty Thousand Only) per
annum, inclusive of Fixed Pay and Variable Pay/ Performance Incentive. A detailed break-up of your
compensation is given (i.e., :-) Annexure II foryour reference.

Joining Date: You are expected to join us by 20-June-2023.

Place of work: Your place of work will be Bangalore. However, your services are transferable, and you may be
assigned after reasonable notice, to any location in India or abroad where the Company or any one of its
associates or customers conducts business. While on transfer you will be governed by the rules, regulations and
conditions of service of that location.

Work Location: Remote working (Work from home) or Work from Office both opportunity can be provided
on request for the first 3 months until the probationary period is completed.
1. TERMS & CONDITIONS:

a. The terms of this offer shall be kept strictly confidential. You shall execute all other documents as
may be required to give effect to this offer.
b. You will be required to sign a standard employment agreement on your date of joining.
c. You shall be required to submit a set of certified true copies of the documents and information as set
forth in Annexure I of this appointment letter.
d. The Company’s business involves operating round the clock on all day. Therefore, the work may
involve shift working including working in night shifts and availing staggered weekly offs. You are
expected to attend the work as assigned to you by your superiors.
e. You will be on probation for six months from the date of joining; however, probation may be
extended by the Company at its sole discretion. During the probation period, the Company may
terminate this contract at any time without cause upon not less than 90 (Ninety) days prior written
notice to you and/or compensation in lieu thereof. However, the Company may with “cause”
immediately terminate this contract, if you are found to be in material breach of any ofthe terms of
your employment and the Company Policy. You may voluntarily terminate your employment for
any reason upon providing prior written notice to the Company, the period of which shall be
90(Ninety) days prior written notice. It is mandatory for you to serve the notice period and it is
your responsibility to complete your handover during the notice period before resigning from the
organization / Company. If you chose not to serve the notice period the Company reserves the
right to recover compensation in lieu of notice period from you in addition to the compensation
towards all expenses incurred with regard to any training and development, special education, up
skilling or on the job training provided to you in the course of your employment with the Company
in addition to losses and damages actually sustained by thecompany. The forgoing term is a
condition precedent to your acceptance of this offer letter.
f. Effect of inability to clear the proficiency / competency training / thresholds: You may be required to
undergo voice & accent, pre-process and process trainings as a prerequisite to your gainful
engagement as may be prescribed under relevant competency / proficiency parameters. At the end
of these trainings, a performance assessment will be conducted and the results will be declared as
per the established norms depending on the type / nature of the training. The company invests
significant number of efforts and costs on such trainings and you will appreciate that in case one
is not able meet the required norms during training or clear the afore-said assessment tests, the
Company will not be able to engage your services productively. In such eventuality, the Company
reserves right to terminate employment by providing two weeks’ notice and or pay in lieu thereof.
g. Post confirmation, your services may be terminated by either party, giving notice in writing as
mentioned in clause 1 (e) and non-service of Notice Period shall result in the same consequences
as enumerated in Clause 1 (e) hereinabove.
h. You will be entitled to twenty-one working days leave per annum subject to prior approval by the
Company. Carry-forward / accumulation of leave will be governed as per the existing Company policy
on the subject.
i. You will be provided with necessary training / special education / on-the-job skill enhancement /
interactive programs / upskilling programs / guidance required to discharge your duties effectively at the
cost, efforts and time of the Company. In consideration of such training or skill enhancement programs,
you shall serve.
The Company for a minimum period of six months from the date of your joining, failing which,
theCompany reserves the right to recover the losses suffered for imparting such training or skill
enhancement programs from you.
Deployment / Redeployment: The Company reserves the right to deploy/redeploy you in any of the
available roles as may be deemed appropriate. Since different roles require different competency
profiles, an exact match can be a challenge at times, despite the best intentions and efforts of the
Company. In such eventuality, you are obligated to cooperate in the deployment/redeployment
process by accepting a role that is offered to you.
You will automatically retire from the services of the Company on completing the age of 58 years.
Notice to terminate in electronic forms such as SMS or personal email shall not be accepted as
adequate notice of termination for the purposes of this agreement. Notice to terminate this contract
has to be addressed in writing to the Company in the form and manner as may be prescribed in the
Company Policy.
Made Well reserves the right to terminate your employment with immediate effect on grounds of
breach of policy including but not limited to Infosec / physical security, misconduct or where your
performance has been found to be unsatisfactory.
2. OTHER CONDITIONS:
Medical fitness: Your appointment/employment is subject to you being medically fit for
employment. Reference Checks / Background and testimonials verification: Your appointment
is also subject to asatisfactory reference /background testimonial verification. The Company shall,
at its discretionconduct background /reference checks and testimonial verification either before
joining the company or within a reasonable and practicable time frame after joining. This offer and
your continued employment are conditional upon the result of such checks. In case the results
of the same checks are negative or unsatisfactory for any reason whatsoever, your
offer/employment will be treated as nulland void ab initio. In such eventuality, you may be
immediately relieved from the employment without giving any notice and or pay in lieu thereof or
any other remuneration (including incentives) for the period of engagement up to aforesaid the
date of relieving.

Effect of Substance Abuse: The Company, at its sole discretion, may conduct from time-to-time
screening for substance abuse during the course of employment. If the results of the such screening
arefound to be positive, employment is liable to be terminated without giving any notice or pay in
lieu off.
All terms and conditions will be governed by the Company’s policies as stated
from time to time and the Company may in its sole discretion as it deems fit
revoke or change such policies. It shall be your duty to peruse and understand
all the terms and conditions enumerated in the Company’s Policy as well as the
repercussions of the breach thereof and not being aware of the same shall not
be a defense, which shall be either available to you or accepted by the
Company.

Please sign a copy of this letter as a token of your acceptance. Please initial each
page in acceptance of the terms and conditions set out herein.

Yours sincerely,

Made Well Technologies Pvt. Ltd.

Deepali Singh,
Head Operations-Human Resource
Annexure I
1. You need to furnish the following Documents at the time of joining MADEWELL TECHNOLOGIES.
NOTE: Joining will not happen without these documents.

A Original copy of Made Well Technologies offer letter


DATE OF BIRTH PROOF: Mandatory is Aadhar Card. If no Aadhar Card or incomplete details on
B Aadhar card then the following will apply: - (Any ONE of the following: Birth Certificate, X th,
XII Mark Sheet with DOB details on it, Passport, PAN Card, Driving License, School/College
Leaving Certificate) - 1 copy

PHOTO ID: Aadhar OR PAN Card in the absence of both then the following will apply: - (ONE
of the following: Voters ID, Driving License, Passport, or Bank Passbook with photograph,
C Bankers verification, NSR (National Skills Registry) ID card, Hall Tickets not more than 1 yrs.
including current year up to eg.2006 for 2008, Defense dependent ID Card - 1 copy

PERMANENT ADDRESS PROOF: (ONE of the following: Passport, Driving License, Voter’s ID,
Nationalized Bank Passbook with photograph and address, Electricity Bill - latest of Self or
Parents, Ration Card, LIC & Insurance documents, Mobile Bill, Telephone Landline Bill – latest
D of Self or Parents, or Current lease deed – with you or your parents/spouse as lessee or co-
lessee) - 1 copy. The information for address needs to be verifiable during BGV and hence the
same needs to be the latest permanent address proof.
EDUCATION QUALIFICATION PROOF: (mark sheets & degree are important) (as applicable:
E X th, XII th, Graduation, Post-Graduation Certificate, Copy of Diploma, others)

F PASSPORT SIZE PHOTOGRAPHS: 5 copies (with Red Background ONLY)


PAN NUMBER: Photocopy of PAN Card. If you do not possess a PAN card then an application for
G one will have to be made and a copy of the application receipt will have to be submitted.
Professional Relieving or Experience Letter from the previous employer (last 2
H
employments) or Accepted Resignation Letter from a previous employer.

Salary Slip / Salary certificate from the previous employer (last 2 employments). Bank
I
statement if no salary slips from the Company.

J Employee ID Proof: (photocopy of salary slips, appraisal letter which contains the employee
id proof)

K Marriage Certificate (if applicable) OR Marriage Affidavit with Couple Photo


Self-declaration Medical Fitness form: Medical Fitness form needs to be duly filled and
L
stamped by a doctor.
NOTE:

The same document may be used as proof for more than one of the above requirements.
Original copies to be brought along with copies for the purpose of verification.

In addition to the documents mentioned above, you are requested to provide the following
documents and information on your date of joining.

Documents……

1. Updated Resume.
2. Marriage Certificate (if applicable).
3. Self-declaration Medical Fitness form.

4. ESIC (Employee State Insurance Corporation) enrollment would be as per the applicable as per
government regulation. In case, your stack up contains ESIC components, please carry the following
documents:

a. Your 3-post card size (4X7) photographs (copies of the same photograph) OR
b. If you would like your family covered – Family group photograph of immediate family
(4X7, 3 copies of the same photograph), only members in the photo will be covered.
Photos should be clear and have only your immediate dependent family members which
include parents, siblings, spouse and children.

Information……

1. Names and date of birth of family members you would want to mention as nominees for
theProvident Fund Scheme (parents/siblings/spouse/ children)
2. Your blood group.
3. Your family doctor’s name, address, telephone and registration number.
4. National Social Security Number (NSSN) is allocated.
Annexure II
Name : G MADAN MOHAN
Title : Jr Engineer (Sql Developer)
Role Band : A
Monthly Annually
Compensation Component Ref
Basic Salary 8,563 1,02,756
House Rent Allowance 9273 1,11,276
City Compensatory Allowance 19664 2,35,968

Sub Total - II A 37,500 4,50,000

Bonus / Incentive (4) (a) 0 0

Company's contribution to Provident Fund (1) 2,200 26,400

Company's contribution to ESI (3) 200 2,400

Sub Total - II B 2,400 28,800

Total Fixed Pay A-B 35,100 4,21,200s

BENEFITS
Gratuity payable as per Payment of Gratuity Act, 1972
Note:

1) Company's contribution to Provident Fund (PF): In cases where PF wages are above the statutory maximum limit of
INR 15,000/- p.m., you have the option to choose the deduction of 12% on actual PF wages. In such a situation,
variouscomponents of the compensation will be adjusted to accommodate your request. PF wages considered for this
calculation will be as per Employee Provident Fund and Miscellaneous Provisions Act, 1952.
2) The Company provides the following discretionary Insurance benefits:
a) Mediclaim Benefit: For Self or Family Floater, as per Company policy
b) Personal Accident Insurance: For Employees, as per Company Policy
c) Life Insurance: For Employees, as per Company Policy
d) Parents can also be covered individually or through a Floater at an annual premium as per the company policy. You
would have to enroll and pay the sum separately through payroll.
Note: The company reserves the right to make appropriate changes to the Insurance plan as and when necessary.
3) Company’s contribution towards ESI Scheme will be as per t h e Employees State Insurance Act, 1948 and is
currently 3.25% of the monthly salary.
4) You will be eligible to participate in the Company's Bonus / Incentive scheme applicable to your process. The Bonus /
Incentive at the maximum level is inclusive of the Bonus / Incentive included in the Total Fixed Pay. The Bonus / Incentive
will be paid basis of the requirements of the Payment of Bonus Act, 1965, your performance and BU/Company
performance.

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