NXTGIPO TECNOLOGIES LTD

02-November-2011

Sub: Offer Letter

Dear Mr.JAMPANI RAJA MOHAN

*BANMSTTP2978*

We are delighted to appoint you for the position of TRAINEE PROGRAMMER from 19-November-2011 with NXTGIPO TECHNOLOGIES LTD. The terms and conditions of the employment agreement between you and NXTGIPO TECHNOLOGIES LTD(referred as The company hereinafter) that governs the basis of our mutual relationship, are
1. Renumeration Your annual remuneration has been set as Rs.276000 Per annum, total cost to the company. The detailed break-up is attached herewith in annexure-A. 2. Benefits As part of the company prevalent welfare policy you would also be entitled to insurance cover and mediclaim policy. 3. Probation You will be on probation for a period of six months, which may be curtailed or extended at any time during or at the end of the said probation period at the sole discretion of the company. During the period of probation, the offer may be terminated either by the company or by you, by giving one month notice. 4. Working hours & Location a) The normal working hours are 9:00am to 6:00pm with 30 minutes lunch break - Monday through Friday. However, due to business exigencies you may be required to work at different timings which may be prescribed by your manager from time to time. b) For the businesses that operate on 24x7 basis, you may be required to work at different timings including at night. In all such cases, the actual working hours shall be as prescribed by the manager. 5. Code of Conduct During the period of employment, you will work honestly, faithfully, diligently & efficiently for the growth of the company. Breach of the provision shall be treated as a gross violation of the terms herein and your services are liable to be terminated without notice. 6. Confidentiality You understand and acknowledge that during your employment with the company you will be exposed to terms and materials which the company has developed or which you may develop on behalf of the company, which the company deems as confidential proprietary information, including but not limited to conversations, records, correspondence, files, client list, personnel data, marketing data, recruitment practices, computer software designs and plans developed for or provided through license agreements to the company as well as those developed by the company for its clients. You will hold in trust and not disclose any such proprietary information and trade secrets during or any time after termination of your employment with the company. In the event of termination of your employment, you agree to return all such information belonging to the company. You further agree not to use any such confidential and 7. Conflict of interest Your position with the company calls for whole time employment and you will devote yourself exclusively to the business of the company. You will not take up any other work for remuneration or work on advisory capacity or be

J 1 & 2, Ground Floor, New Gitanjali Building, Raheja Township, Malad (East), Mumbai - 400 097

www.nxtgipo.com

NXTGIPO TECNOLOGIES LTD

interested directly or indirectly in any other trade or business except as share or debenture holder of publicly traded company during the duration of your employment without written permission of the company. 8. Notice of Termination a) This offer letter is issued on the understanding that all the information given by you in the application/employee data form / during the interview or data provided prior to and / or at the time of joining is true. If it is found at any time that the information given by you is not correct or true or you have knowingly suppressed any information, the company will have the right to terminate your employment at any time without any compensation. b) If your actions at any time constitute a serious of breach of companys standards of behaviour the company may end this contract and terminate your employment immediately. c) Termination of employment by either party shall be one months notice in writing or payment in lieu of notice. Such notice may not be offset by unused leave. d) The employee authorizes the company to deduct from the employees which were or remain unpaid at the time of the termination of the employees employment. payment any such outstanding expenses,

e) In case of termination within a period of six months from the date of commencement date, the company would be 9. Verification a) This offer is based on the details provided by you in the companys application form / employee data form / during the interview / data provided prior to or at the time of joining. b) The offer is based on Indian laws and subject to no adverse information being obtained during reference checking with previous employers, validation of educational qualifications or background checks and approval of your employment/immigration pass application (what ever applicable). For audit purposes, you are also expected to provide the original copy of your last pay slip to the companys HR Department. We welcome you to our organization and look forward to a mutually satisfying relationship and building a great career for you with us. At the time of joining bring this letter.

Yours sincerely

HR-President

J 1 & 2, Ground Floor, New Gitanjali Building, Raheja Township, Malad (East), Mumbai - 400 097

www.nxtgipo.com

NXTGIPO TECNOLOGIES LTD

Annexure-A The Salary Break up details will be as per norms given below Description Basic Salary (@60% of Gross) HRA (@20% of Gross) Other Allowances (@20% of Gross) PF(@12% of Basic) Professional Tax TDS Net. Payable Debit 13800 4600 4600 1656 200 800 20344 Credit

This letter of offer will be stands cancelled if you are not report the duties on or before 19-November-2011 at BANGALORE
Note: Salary will be calculated only from the commencement of the training date. I accept the conditions explained in the Offer letter and Annexure there to. I sign this as token of my acceptance.

J 1 & 2, Ground Floor, New Gitanjali Building, Raheja Township, Malad (East), Mumbai - 400 097

www.nxtgipo.com