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Appointment Letter

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Appointment Letter
PRIVATE AND CONFIDENTIAL

September 1st, 2011

Dear Mr. Manoj Hajare,

With reference to your application for employment, and the subsequent interviews with us, we are pleased to appoint you in our company as a Business Development Manager based at our Mumbai office.

The company is offering you employment on the following terms and conditions:

1. Appointment

1.1 You will be appointed to the position of the Business Development Manager. Your designation is merely indicative of the responsibilities, which you are required to carry out. You will perform such duties as are assigned to you by the Company from time to time relating to the position to which you are now appointed and to which you may be transferred / promoted in future.

1.2 Your commencement will be effective from September 1st, 2011.

1.3 You will report to Bhavesh Mehta and shall be posted at our Mumbai office but will serve the company or any of its subsidiaries or associated Companies.

1.4 Your employment with the company is subject to your providing documentary proof of your last drawn salary, educational qualification, work testimonials, certificates, relieving letter if any, and is also conditional upon your being free from any contractual restrictions preventing you from accepting this offer or starting work on the above mentioned date.

2. Remuneration

2.1 The annual Compensation offered would be Rs 2,58,240/- per annum. Taxes as per the government norms would be deducted from the salary component. Your salary will be subject to Tax Deduction at source according to the prevailing Income Tax Law and other deductions as applicable under Indian laws

2.3 You will be eligible for annual performance appraisals after confirmation. A performance review may or may not result in salary change depending on the performance of the individual as well as performance of the company.

3. Probation

3.1 You shall serve a

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