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Hello Pillarikuppam Deepika,

Congratulations on your selection at Altimetrik - one of the fastest growing global Digital Technology Company!

I am delighted to extend this offer to you to join our highly energetic and innovative team helping Fortune 100 companies modernize and
transform their business. 

With our engineering excellence, product mindset, and delivery focus, we have become partners to many marquee global brands. Our results
driven philosophy has earned the trust of several new clients, placing us on a promising growth trajectory. Even with the recent global
pandemic, we are able to continue a substantial growth rate due to our unfailing delivery commitment to customers while taking utmost care
of all our employees. 

As a workplace, we take pride in our best-in-class policies and standards, and a hyper-collaborative and innovative work culture. A
testimonial to our consistent efforts is that we have been ranked in the Top 100 Best Places to Work by the Great Places to Work Institute for
five consecutive years, rising up the ranks. This year, we are extremely proud to be ranked 36th and for being in the Top 50 workplaces club
for second consecutive time. In addition we are ranked TOP 25 in the IT&IT-BPM category and in the TOP 100 in the Best Workplaces for
Women category

India nests the company’s largest Technology Center with over 3000 employees across Chennai, Bengaluru, Pune and Hyderabad, catering
to our remarkable client portfolio globally. We enable the growth of our business by cultivating a solutioning mindset that helps our clients
achieve relevant business outcomes. Delivery excellence is of utmost importance for us to ensure customer satisfaction. As a people centric
organization, we help our employees evolve as practitioners in both their tech and business domains. Our approach posits us as a company
to be highly agile in technology adoption and stay ahead in the market. 

Innovation and learning are therefore given the highest decree here. If you have the zeal to learn, or an idea you believe in, you will discover
the ideal culture to help you realize your passion and follow it. 

I am confident you will experience personal growth and value in your career with Altimetrik, and be a prized addition to our team. Hoping to
see you soon! 

Best regards, 
Ranga Kanapathy

 
 

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 26/05/2022

Ms. Pillarikuppam Deepika

Samaikya Apartment, D Block Road

Visakhapatnam , Andhra Pradesh, 530012, India

                                                   
E-Mail: dpillarikuppam@gmail.com | Mobile: 8520875519

EMPLOYMENT LETTER
 
Dear Deepika,

On behalf of Altimetrik India Private Limited, we are pleased to offer you the position of “Engineer -Quality Engineering”. Attached are the
specific terms and conditions of our employment – please read these important details carefully, including your compensation and benefits.

1. Date of Employment: Your employment will be effective from your date of joining, which shall be on or before 27/05/2022. Please
contact us immediately if you require an alternative joining date.  In the event you fail to join us by 27/05/2022, this offer for
employment will stand automatically withdrawn without any further obligation from our side.

2. Emoluments: Your per annum cost to the company is INR 1,100,004.00/- the breakup of which is shown in Annexure - I.  Your
salary is strictly confidential, and we expect you to treat this information and any changes made therein from time to time as Personal
and Confidential.  Unless otherwise provided by Company, your salary shall be paid monthly. The total amount paid will be your
salary less any statutory, standard, permissible or elected deductions or set-offs applicable to your employment. In addition to your
salary, you may receive other benefits, as applicable under the Company’s benefits or similar policies. Company may, upon notice to
you, at any time and in its sole discretion amend, suspend, vary and modify any of the terms and conditions of these benefits and/or
policies. The compensation and/or benefits offered to you by the Company may be pro-rated depending on your effective start or
effective termination date. In case you have any queries in this regard, you may discuss the matter with your reporting manager.

3. Designation:  Company reserves the right to alter your designation from time to time, in accordance with Company's policy.

4. Posting and Period of Employment: Your work location of position will be Hyderabad Your services are transferable and you may
be assigned to any office of the Company, a subsidiary or associate company, whether now existing or still to be formed whether in
India or abroad. You may also be deputed to any of our customer’s locations.  Such transfer / deputation will be in accordance with
the Company’s rules being in force at the time.

5. Duties: The roles, responsibilities and duties appropriate to your employment, will be specified by Company from time to time.
Company may at any time, in its sole discretion, upon notice to you, alter or otherwise modify these roles, responsibilities and duties.
Further, at any time, you may be required to provide services, directly or indirectly, to Company and its affiliates and clients. You will
be required to report to any supervisor at the discretion of the Company. During your service with the Company, you are expected to
devote your whole time and attention to the Company's affairs and refrain from directly or indirectly engaging in any other
employment or business in any role or capacity.

6. Leave without Approval:  If you are absent for a continuous period of 8 days without leave or obtaining your manager’s approval,
you will be deemed to have voluntarily terminated your service without notice.

7. Travel and Expenses: You may be required to travel, whether in India or overseas, in connection with your employment upon short
notice to you. While traveling for work, your expenses and costs in connection with such travel and any other expenses incurred by
you during the course of your employment will be reimbursed in accordance with the travel and expense policy of Company. You are
expected to keep your passport valid at all times.

8. Employee Benefits Program: You will be covered by the Company sponsored Employee Benefit Program as applicable from time
to time.

9. Salary Review: Your compensation will be reviewed periodically as per the Company’s policy and your salary may be adjusted
depending upon various factors, including your performance during the preceding performance period. Notwithstanding the above,
you acknowledge that it is Company’s policy to review the compensation payable to its employees for successive years and such
compensation may be higher or lower than the compensation received for the previous year depending on various factors, including
the overall performance of the Company, the Industry and prevailing economic conditions.

10. Leave: You are eligible for 24 days leave per annum.  Company’s leave policy shall apply to your employment and may be

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modified by Company at any time, in its sole discretion, upon notice to you.

11. Working Hours: Company’s general working hours are from 9.00 am to 6.00 pm, Monday through Friday.  You may be required to
work additional hours as may be necessary for the efficient execution of your responsibilities. Your weekly off may not necessarily be
for 2 days and not necessarily be on Saturday and Sunday. Company may, at any time and in its sole discretion, change the working
hours applicable to you upon notice to you.

12. Non-Disclosure agreement (NDA): You are required to sign a separate NDA document covering the following clauses:
 Confidential Information, Intellectual Property Ownership Rights, Non-compete, Non-solicit and Non-circumvent

13. Past Record and Unsatisfactory Services:  It is your responsibility to notify the Company of any changes in your personal
information within 3 working days. All notices shall be considered duly and properly delivered to the address on file with the Company.
If at any time it emerges that such particulars were false or incorrect or that any material or relevant information had been suppressed
or concealed or exaggerated, any employment pursuant hereto will be considered ineffective and irregular and will be liable to be
terminated by the Company without notice or salary in lieu of notice, without prejudice to the right of the Company to take disciplinary
action against you. The Company will be entitled to conduct such background checks and medical examination upon you as it may
deem fit and you hereby expressly grant the Company the permission to do so and waive and all rights under applicable law in this
regard.

14. Termination: 

You or the Company may terminate your service at any time by giving 60 days’ notice or basic salary in lieu thereof.  You shall
not be deemed to have been relieved of your services except upon issue of a letter by the Company to that effect.
In the event of disputed separation, where the client and / or the Company faces any monetary damage due to the separation,
the Company reserves the right to withhold all the non-statutory payments due to you. The Company may further reserve the
right to recover any amount receivable / recoverable from you including salary in lieu of un-served notice period.
Company shall have the right, at  its sole discretion, to terminate your employment with Company 'for cause' at any time,
without any further payment to you, specifying the reason for such termination, and you shall not be entitled to any incentive
compensation for the period ending on the date of such termination.  For purposes of this subparagraph, 'cause' shall mean (i)
your involvement in any act of moral turpitude; (ii) your  misconduct (willful, intentional or otherwise) or negligence during or in
connection with the performance of your obligations hereunder or being arrested, charged or convicted in a criminal
proceeding or similar proceeding that involves a matter which Company believes, in its sole discretion, may affect the
performance of your obligations hereunder, may affect the Company and/or its affiliates and their employees, contractors
and/or clients or may otherwise bring the Company and/or its affiliates and their employees, contractors and/or clients any
disrepute, whether or not such matter is directly related to the affairs of the Company and/or its affiliates and their employees,
contractors or clients; (iii) your embezzlement, intoxication or illegal drug abuse, unauthorized absence in excess of the
Company leave policy, unauthorized disclosure or misuse or attempted unauthorized disclosure or misuse of the Company’s
Confidential Information, gross insubordination, or receipt or attempted receipt of any impermissible rebate, kickback or other
similar remuneration or consideration in connection with any potential or existing opportunity for the Company and its affiliates
and their employees, contractors and clients; (iv) your participation or abetment in a strike in contravention of any law; (v)
damaging  the property of the Company; (vi) continued discharge of work functions, which do not meet the standards
reasonably expected by the Company from you; or (vii) the breach by you of a material term of this letter, NDA, policies of the
company or your failure to implement the reasonable business requests or directions of the Company.
Full & Final Settlement dues (if any) shall be settled upon due receipt of clearance from concerned departments.
You will retire from the services of the Company on attaining the age of superannuation [60 years].
Any notice required to be given to you shall be deemed to be duly and properly given if delivered to you personally or sent by
registered post to you at your address in India or by e-mail to your last personal e-mail address as recorded with the
Company.

15. Consequence of Termination: 

(a) Upon termination or expiration of your employment, for any reason, or as otherwise requested by Company, you will return
to the Company: (i) any property belonging to the Company, such as laptop computer, mobile phone, access card and other
devices with details of any passwords or user ids installed therein; (ii) all Confidential Information and any work product,
including any documents and information, of whatever description or in whatever form, tangible or intangible, in your
possession, together with copies, notes or summaries of such documents and your own working papers which are derived of
or based on such documents; and (iii) amounts due or payable, from, or to you by the Company shall be settled in full and an
acknowledgment of such settlement shall be recorded in writing.
(b) Upon termination or expiration of your employment, for any reason, Company shall be entitled to, at its sole discretion,
pursue any remedy available in law or in contract to ensure settlement of any amounts owed by you hereunder, including
costs and expenses incurred towards your training.
(c) Any termination of employment or the terms hereof shall be without any further liability, except as specified above, of
Company and its affiliates and their employees, contractors or clients to you or to your heirs and successors. 

16. Indemnification: You agree to indemnify the Company and its affiliates for any losses or damages sustained by Company and its
affiliates which is caused by or related to your breach of any of the provisions contained hereof.

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17. Mode of Communication: Other than general notices, which may be intimated by e-mail, general notice, announcement on the
Company’s web site, bulletin e- mail, bulletin boards and other similar postings, notices will be provided to you in person, by email or
by ordinary post at the address given by you at the time of your employment or such other address as may be intimated by you to the
management of the Company thereafter.  

18. Entire Agreement: This letter sets forth the entire agreement and understanding between the Company and you relating to the
subject matter herein and merges all prior discussions between the parties. No modification of or amendment to this letter, nor any
waiver of any rights under this letter, will be effective unless in writing signed by the parties

19. General: These terms of employment and your employment are personal to you and you cannot assign, subcontract or transfer
your obligations hereunder to any other person or entity. No delay or failure by the Company to exercise any of its powers, rights or
remedies under these terms of employment will operate as a waiver of such powers, rights or remedies.  If any provision of these
terms of employment is held by any competent authority to be invalid or unenforceable, the validity of the other provisions and the
remainder of these terms of employment shall not be affected. You shall not make any announcement concerning Company and its
affiliates and their employees, contractors or clients without Company’s prior written consent and you shall not use or disclose the
name, trademark, domain name, service mark, logo or any other intellectual property of Company and its affiliates and their
employees, contractors or clients. These terms of employment will be construed in accordance with and governed by the laws of
India.  Upon your acceptance, these terms of employment, together with the employment letter (and any attachments thereto), are the
exclusive and entire agreement between the parties relating to its subject matter, and supersedes all prior and contemporaneous
discussions, agreements negotiations, representations, and proposals relating to the subject matter hereof.

20. Miscellaneous:

(a) You will notify the Company immediately of every incapacitation from work and its probable duration. Upon request by the
Company, reasons for the incapacitation must be given to the Company by you.
(b) You represent and warrant that you have not entered into any previous or contemporaneous of this agreement, or which
would preclude you from fully performing your job responsibilities for the Company.
(c) All of the rights, duties and obligations between the Company and you as set forth in this letter are in addition to those
provided by applicable law and none of the remedies specifically provided for in this letter will preclude either you or the
Company from pursuing additional remedies available to either of the parties.
(d) It is agreed that any dispute of whatsoever nature between you and the Company will be subject to the jurisdiction of
Bangalore Courts only, whether they be any other courts or tribunal or authority of whatsoever nature.
(e) If one or more provisions of this letter are held to be illegal or unenforceable under Indian law, such illegal or
unenforceable portion(s) shall be limited or exclude from this letter to the minimum extent required so that this letter shall
otherwise remain in full force and effect and enforceable in accordance with their terms.

21. Date of Joining:  On your date of joining report to below location at 09:00 hrs. 
         Altimetrik India Pvt.Ltd., Spacion Business Centre, Corporate Court, Level 4, Wing B, Nanakramgunda Village, Hyderabad 

Please note that it is important to be on time to complete the joining formalities.  On your joining date, please bring the following
mandatory documents:

a.    3 self-photographs (passport sized, color photos with a white background)

b.    the originals and 1 set of photocopies of the following documents:

i.    All Educational documents including X, XII, Graduation and Post-Graduation certificates and all year mark sheets.
Photocopies should include both front and back sides of certificate/ Mark sheet
ii.    Relieving letter from your last 2 recent employers. Include your employee number with such previous employer(s).
In the absence of relieving letter at the time of Joining, a resignation acceptance letter can be submitted and the
relieving letter can be submitted at a later date.
iii.    Last drawn 3 months’ salary slip from your previous Employer
iv.    Form 16/ Salary Slips/ Bank Statement for Salary for the second last employer, if your employment duration is
less than a year with last employer
v.    Copy of PAN Card - if you do not have a PAN Card then kindly apply for a PAN card 
vi.    Copy of AADHAR Card – if you do not have an ADHAAR Card then kindly apply for an AADHAR card
immediately and carry the acknowledgement on the day of your joining
vii.    Copy of Passport - if you do not have a passport then kindly apply for a passport immediately and carry the
acknowledgement on the day of your joining
viii.    Proof of identity. Bring 3 sets of photocopies for the following documents: Aadhaar & PAN Card
ix.    If you have stated in your application to Altimetrik that you are differently abled, please bring the disability
certificate as per the prescribed format, duly filed & signed
x.    If you have ever changed your name at any point of time, and for any reason whatsoever, please bring supporting
documents for the same
xi.    Valid Indian Work Permit, if applicable

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 c.    Documents required for UAN (Universal Account Number) for Employee Provident Fund (One set of photocopies, which
are self-attested) 

i.    Bank Account Document (A Cancelled Cheque leaf  or a copy of Cheque leaf  or Bank Statement (having IFSC
Code) or Passbook (having IFSC Code))
ii.    Copy of ID Proof (NPR/ Aadhaar or PAN Card or Passport or Driving License or Election Card or Ration Card or
ESIC Card)
d.    You are required to submit above mentioned documents, or such other documents requested by Altimetrik during
your employment within the time stipulated by Altimetrik. Non submission of the documents within the stipulated time
will be considered as misconduct and Altimetrik may take appropriate action as per Disciplinary Policy. 

22. Joining Bonus: You are entitled to a Joining Bonus ("Bonus") of INR 100,000.00 which is a one-time lump sum payment, if you join
the company on/before 27/05/2022. In the event you fail to join us on or before 27/05/2022 the joining bonus will not be applicable.
The Joining Bonus will be paid as part of your monthly payroll, post completing 3 months in the Organization and is conditional upon
your agreement to remain in employment of the Company for a minimum period of one year from the date of your joining. 
In the event of your separation or termination from the Company prior to the completion of one year from the date of joining for any
reason whatsoever, you agree that you shall return the entire Bonus to the company, inclusive of the tax deducted. Any such
deduction from amounts owing to you by the Company upon separation/termination as aforesaid shall not affect the Company’s rights
in law or equity in respect of the amounts of un-recovered Bonus, if any. The Bonus shall be subject to all statutory deductions. 

23. Notice Period Buyout: Notice Period Buyout will be paid on actuals, upon submission of the Full & Final Statement from the
previous employer. This amount will be recoverable including the amounts deducted / withheld by way of tax, should you decide to
leave the organization before one year from your date of joining. Any tax deduction applicable to this amount shall be to the
employee‘s account. 

It gives me great pleasure to invite you to join the Altimetrik family.  We will be delighted to have you as part of our growing family and be a
key contributor to the success of Altimetrik.

 
Sincerely,

For Altimetrik India Pvt Ltd.,

 
 
Krishna Muniramaiah

Head – Human Resource

 
 
ACCEPTANCE OF EMPLOYMENT TERMS AND CONDITIONS:

I agree that I have read, understand, and accept employment with Altimetrik under the terms and conditions stated above.

 
(Please sign below to confirm that you agree with the terms and conditions stated in this employment letter.)

Signature:                                                                                                            

 
 
 

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ANNEXURE I

Ms. Pillarikuppam Deepika,

  Components Monthly Annual

A Basic Pay 34,357.00 412,284.00

B House Rent Allowance 17,179.00 206,148.00

C Leave Travel Allowance 5,726.00 68,712.00

D Flexible Benefit Plan 27,529.00 330,348.00

E Meal Voucher 1,100.00 13,200.00

F Statutory Bonus 0.00 0.00

  Gross Fixed Pay (A to F) 85,891.00 1,030,692.00

G Employer's Contribution to Provident Fund 4,123.00 49,476.00

H Employer's Contribution to ESI 0.00 0.00

I Gratuity 1,653.00 19,836.00

  Total Cost to Company (A to I) 91,667.00 1,100,004.00

 
Your monthly Net Pay = Gross Fixed Pay (A to F) – (PF, ESIC, Professional Tax, Insurance & Income Tax)

Acceptance

Signature: _______________________________________.

Name: ___________________________________________.

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ANNEXURE II

SALARY COMPONENT AND BENEFITS EXPLANATION

(For detailed information please refer to Company policies, which are subject to change from time to time)

COMPONENT % EXPLANATION

Basic Salary 40% of gross Fundamental component of your salary that is linked to many other
compensation components are linked

House Rent Allowance (HRA) 50% of Basic Salary To be used for house rent
(Maximum)

Flexible Benefit Plan (FBP) Balancing amount Employee has to opt for these benefits by submitting the FBP
from gross salary declaration form
based on other 1)  Meal Card – Meal Voucher
components 2) Vehicle Maintenance and Driver Salary - Employees with 4 Wheeler
Vehicle that are registered in their name and are using the vehicle for
primarily official purposes can avail this tax benefit.
*4 Wheeler < 1600 CC are eligible for tax benefit up to INR 1800
*4 Wheeler > 1600 CC are eligible for tax benefit up to INR 2400
In case a driver is employed, employee will be eligible for an additional
exemption of INR 900 per month (employee must submit the license
copy of the driver along with the salary receipts.
3) The National Pension System (NPS) is a contribution based pension
system launched by the Government of India. This allows employees to
augment their retirement solutions. This is a voluntary contribution it is
up to the employee to avail the scheme. Employees can make a
monthly contribution of a minimum INR 500 to a maximum of 10% of the
basic. The amount will be rounded off to the nearest INR 100

Leave Travel Allowance (LTA) 2 Months Annual Paid as monthly allowance and is tax exempted to the extent of bills
Basic submitted for reimbursement.  Up to maximum of economy class air fare
twice during a four year period as per Income Tax rules

Meal Voucher INR 1100 or INR Meal Cards - provided by the Company based on voluntary declaration
2200 per Month and is tax exempted. One can opt for INR 1100 per month or INR 2200
per month as part of initial declarations upon joining the Company

Gratuity 4.81% of basic Payment of Gratuity will be governed by “Payment of Gratuity Act 1972”
salary and subjected to applicable taxes as per Indian Income Tax Act.

Employee State Insurance Act   Until your monthly wages are less than INR 21,000/- or such other
amount prescribed by law, you will be covered under Employee State
Insurance Act , 1948 (ESIC) and will entitled to avail benefits under the
same

Payment of Bonus Act   Until your monthly wages are less than INR 21,000/- or such other
amount prescribed by law, you will be covered under Payment of Bonus
Act , 1965

    Contributions towards Provident Fund.

Two options are available.
Option I: Limit equal contribution of 12% of basic salary from employer
    and employee. This option will give you consistent take home salary,
decrease your tax liability and increase your ability to save for

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 Provident Fund retirement
  Option II:  Limit equal contribution of INR 1800 from employer and
employee. This option will certainly give you a higher take home salary
12% of Basic Salary and conversely increase your tax liability and reduce your ability to save
or INR 1800 Per for retirement
Month The difference is adjusted with FBP (Flexible Benefit Plan) keeping the
CTC as constant. The options are available at the time of joining.
Employees can choose to make Voluntary contributions to PF account
in addition to the options above (VPF)

Group Term Life Insurance Plan 3 times of Annual This is a company paid benefit which provides group term life coverage
CTC subject to min to all employees of Altimetrik India Pvt. Ltd. The benefit basis for life
of INR 20,00,000/- coverage will be 3 times of Annual CTC subject to a minimum of INR
20,00,000/-. The coverage is subject to completion of the Insurance
company' s prescribed insurance underwriting procedure and awarding
of coverage by the insurance company. Coverage applies world-wide,
24 hours a day.

Group Personal Accident Plan 2 times of  Annual This is a company paid benefit which provides group personal accident
CTC subject to min coverage to all employees of Altimetrik India Pvt. Ltd. The benefit basis
of INR 20,00,000/- for accident coverage against permanent total disability, permanent
partial disability and dismemberment will be 2 times of the Annual Cost
to the Company subject to a minimum of INR 20,00,000/-.

Group Mediclaim Insurance Policy Base Sum Insured of Altimetrik provides a Family Floater cover with a Base Sum Insured of
INR 3 Lakhs per INR 3 Lakhs which costs approximately about INR 15,000/- per
family, with the employee. Employees can cover their family members (Self + Spouse +
option to Top Up in 2 Kids +  Parents/In laws) under this policy, with no additional cost
multiples of 1 Lakh burden on themselves.
up to 7 Lakhs Employees will also have the option to Enhance their Sum Insured by
paying the applicable Premium. The details of the same is available in
the below table:

Annual Premium
Base Sum Enhancement Sum Total Sum
(Recoverable from
insured Insured Insured
employees)
INR 3 Lakhs - INR 3 Lakhs -
INR 3 Lakhs INR 1 Lakh INR 4 Lakhs INR  4,206
INR 3 Lakhs INR 2 Lakh INR 5 Lakhs INR   6,308
INR 3 Lakhs INR 3 Lakh INR 6 Lakhs INR  9,462
INR 3 Lakhs INR 4 Lakh INR 7 Lakhs INR  10,881
INR 3 Lakhs INR 5 Lakh INR 8 Lakhs INR  12,514
INR 3 Lakhs INR 6 Lakh INR 9 Lakhs INR  14,390
INR 3 Lakhs INR 7 Lakh INR 10 Lakhs INR  16,549

In case you fail to opt for any of the above option, you will be enrolled
under the default Sum Insured option of 3 Lakhs. You need to enrol
your immediate family (Spouse & 2 Children and dependent parents/in-
laws) within 45 days of joining. Mid-term inclusion of only new born
babies (within 45 days of the child birth) and newly married spouse
(within 45 days from the date of marriage) is allowed

Leave Encashment Annual Leave Leave balance for the calendar year over and above 30 days (maximum
Encashment of up to carry forward) and subject to a maximum of 15 days will be encashed at
15 days the end of every year.  The encashment will be computed on the
Monthly Basic Salary of an employee.

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