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46 Aagam Shah FTE

Cisco has offered Aagam Shah a position as a Technical Consulting Engineer in their Bangalore, India office. The offer letter outlines a start date of August 9, 2023 and details of compensation including a basic salary of INR 550,000 annually, flexible compensation of INR 550,000, and an annual discretionary bonus target of INR 55,000. The letter requests that Aagam respond with their acceptance or any requested changes by March 4, 2023.

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Abhay Sharma
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0% found this document useful (0 votes)
122 views10 pages

46 Aagam Shah FTE

Cisco has offered Aagam Shah a position as a Technical Consulting Engineer in their Bangalore, India office. The offer letter outlines a start date of August 9, 2023 and details of compensation including a basic salary of INR 550,000 annually, flexible compensation of INR 550,000, and an annual discretionary bonus target of INR 55,000. The letter requests that Aagam respond with their acceptance or any requested changes by March 4, 2023.

Uploaded by

Abhay Sharma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 10

DocuSign Envelope ID: CE187770-C04E-4F12-9AD8-2CC69BC29DD7

24-Feb-2023

Aagam Shah
Tower 1 - 603, Rustomjee Ozone, Near MTNL office, Goregaon West
Mumbai, Maharashtra 400104
Dear Aagam,
Congratulations on your offer to join Cisco.
At Cisco, our commitment is to drive the most trusted customer experience in the industry, through our innovation, choice, and
extraordinary people. We have a unique opportunity to build a better, more equitable, and inclusive future for everyone.
Day to day, we make a meaningful difference for our people, our customers, and the world around us. We support each other
and work together to create shared success that will benefit everyone. As we bring our talents and ideas together, we hope
you will join us as we work to empower an inclusive future for all.
We're offering you a position as a Technical Consulting Engineer, Grade Level 004 in 123 - Cisco Systems (India) Private
Limited. You'll report to me, Aarushi Bhatnagar |[email protected] and you'll start in our Bangalore, India office.

When you'll start ?

We’re planning for you to start on 09-Aug-2023 (Start Date). If this date won’t work for you, please email me (Aarushi
Bhatnagar |[email protected]) with the date you prefer and we can discuss options. You just need to make sure it is at
least two weeks after we receive all your signed documents.

What Happens Next ?

Please let us know your response to this offer by 04-Mar-2023 by either accepting this offer or contacting your recruiter or me
to discuss.
If you accept the offer, you'll get access to our hiring portal, "My Documents Space" where you’ll find more about what you
need to get started on your Cisco career journey.
Get in touch if you have any questions. Reach out to me personally, or your recruiter, who is also a great source of
information. It’s been a pleasure getting to know you, Aagam. I look forward to having you on our team!
Welcome to Cisco!

Aarushi Bhatnagar |[email protected]


Leader, Learning & Development
DocuSign Envelope ID: CE187770-C04E-4F12-9AD8-2CC69BC29DD7

Cisco Systems (India) Private Limited


SEZ Unit, Cessna Business Park,

Kadubeesanahalli Village

Varthur Hobli, Sarjapur Marathalli Outer Ring Road


Bangalore, Karnataka 560103

CIN: U31909KA1995PTC019505
India

Dear Aagam,

The terms of your employment are set out in the attached offer letter. Details of your remuneration and discretionary benefits
are also included below. In brief, these include:

Start Date 09-Aug-2023

Candidate Name Aagam Shah

Manager Name Aarushi Bhatnagar |[email protected]

Grade 004

Designation Technical Consulting Engineer

Compensation Details In INR per Annum

(A). Basic Salary INR 550,000.00

(B). Flexible Compensation Plan INR 550,000.00

(C). Total Fixed Salary (A+B) INR 1,100,000.00

(D). Discretionary Bonus/Sales Commission at 100%


INR 55,000.00
achievement (Variable Component; Current Target)

(E). PF (Employer's Contribution) INR 66,000.00

(F). Estimated Total on Target Compensation at Current


INR 1,221,000.00
Targets (C+D+E)

Insurance benefits, additional leave entitlements and other discretionary benefits.

Your projected start date is 09-Aug-2023. If you prefer a different start date, please respond back to this email with your
requested start date.

To accept the terms of your offer, follow the process set out in clause 21 of the attached offer letter. If you do not do so within
seven days from the date of this letter, the offer will lapse. Please also note that the terms of this letter and the attached offer
letter are confidential.

Welcome to the Cisco family! We wish you a long and fruitful career with the Company.

Yours faithfully,
123 - Cisco Systems (India) Private Limited

____________________________
Priyanka Bhagat
MANAGER RECRUITING. TALENT ACQUISITION
DocuSign Envelope ID: CE187770-C04E-4F12-9AD8-2CC69BC29DD7
DocuSign Envelope ID: CE187770-C04E-4F12-9AD8-2CC69BC29DD7

24-Feb-2023

Aagam Shah
Tower 1 - 603, Rustomjee Ozone, Near MTNL office, Goregaon West
Mumbai, Maharashtra 400104

Dear Aagam:

On behalf of 123 - Cisco Systems (India) Private Limited (“Company”), I am pleased to offer you the position of Technical
Consulting Engineer (System Title: Technical Consulting Engineer) on the terms set out herein.

1. COMMENCEMENT OF EMPLOYMENT
a. Subject to you obtaining the necessary employment or visa approvals, if any, from the relevant government authorities for
your employment with the Company, your employment will commence on 09-Aug-2023.
b. Your employment is intended to be for an indefinite term, subject to:
the Company’s satisfaction, in its sole discretion, with the results of a background and reference check and verification of
your salary and employment history;
your successful completion of an initial six (6) month probationary period. During the probation period you will be eligible for
benefits in accordance with relevant Company policies; and
termination pursuant to the terms of this agreement and the requirements of applicable law.
Any past service rendered by you with any affiliate or group entity of the Company shall not be considered by the company for
the purpose of determining your eligibility for any local statutory benefits such as gratuity including other retirals or otherwise
during your employment with 123 - Cisco Systems (India) Private Limited (“Company”).

2. TERMS AND SCOPE OF EMPLOYMENT


a. You will be employed in the position of Technical Consulting Engineer), grade level 004.
b. Your primary work location will be at the Company office at IND-BANGALORE, KARNATAKA, INDIA . You may be
transferred to any place of business of the Company as existing/operating presently or acquired or set up later in any part of
India or abroad at any time. You may be required to undertake work of any associate, sister concerns, subsidiaries or any
other companies, concerns, organizations, firms with whom the Company may make such arrangement or agreement.
Depending on the exigencies of work or any external factors, you may be required to work from home for such periods as may
be determined by the Company. Once the Company determines that it is appropriate, having regard to its operational needs,
to have you work from your primary work location, you shall commence work from your primary work location. The Company
will give you reasonable notice for you to transition to your primary work location. If you do not commence work from your
primary work location by the given date, then the Company reserves the right to terminate your employment forthwith.
c. You agree, as a condition of your employment and prior to the date of your commencement, that you will execute the
Company’s “Proprietary Information and Inventions Agreement”.
d. You agree that during your employment with the Company, you will comply with the Company's policies and procedures in
place from time to time including Cisco’s Code of Business Conduct. These policies and procedures form part of your contract
of employment (and the Company may adopt, vary or rescind these policies from time to time in its absolute discretion and
without any limitation (implied or otherwise) on its ability to do so). The COBC explains our Company’s ethical values and
culture, and the current version can be found at:
https://investor.cisco.com/investor-relations/governance/code-of-conduct/default.aspx
e. Please read the document concerning "Conflicts of Interest" carefully as it highlights certain conflict of interest policies
under the Cisco Code of Business Conduct that you will be expected to comply with while employed by Cisco. If, after
reviewing this document, you believe your employment with Cisco will create a conflict of interest of the types described in
that document, immediately contact Akshatha S Swamy |[email protected], or Shikhar Agarwal
|[email protected].

3. DUTIES
a. You agree that, during your employment with the Company you must:
i. perform to the best of your abilities and knowledge the duties assigned to you by the Company from time to time,
whether during or outside Business Hours and at such places as the Company requires;
ii. serve the Company faithfully and diligently to the best of your ability;
iii. use all reasonable efforts to promote the interests of the Company;
iv. act in the Company’s best interests;
v. comply with the Company’s policies and procedures in place from time to time;
vi. comply with all law applicable to your position and the duties assigned to you; and
vii. report to the person or persons nominated by the Company from time to time.
b. Without limiting your duties to the Company, you must not:
i. act in conflict with the Company’s best interests; or
ii. compete with the Company, Cisco Commerce Private Limited or any of their respective subsidiaries and affiliates
(together, the “Cisco Group”).
DocuSign Envelope ID: CE187770-C04E-4F12-9AD8-2CC69BC29DD7

c. You agree that, the Company may assign you additional tasks or to a new manager; modify or remove your assigned
duties; or change the place of your employment without additional compensation to you, in accordance with the Company’s
needs.

4. SALARY
Your fixed salary of INR 1,100,000.00 will be split equally (i.e. 50%:50%) into two components:
a. basic salary which is fully taxable and may not be changed; and
b. flexible compensation: This component is flexible and you may structure it by allocating it among the following, which apply
in accordance with Company policy and relevant laws as established and amended from time to time:
i. house rent allowance (HRA).This allowance is exempt from tax to the extent permitted by income tax laws and is
based on the actual rental amount paid.
ii. leave travel allowance (LTA): This is an allowance of up to INR 1,00,000 per annum, which is subject to applicable
income tax laws;
iii. food coupons: These are exempt from tax up to a maximum of INR 13,200 per annum; and
iv. flexible allowance: this is the residual balance (if any) after allocating your Flexible Compensation amongst the
above. This amount is taxable.
Your basic salary will be paid according to local payroll practices, subject to any tax or other deduction provided or permitted
by law in force from time to time, such as the employee’s share of provident fund contributions, as well as such other sums as
may be agreed with you from time to time. Your fixed salary may be reviewed from time to time in accordance with Company
policy but will not necessarily be increased and is paid in satisfaction of all services rendered by you under this agreement,
including overtime, to the extent permitted by law.
You are encouraged to independently verify the tax implications on your salary. The taxable and non- taxable components of
your salary may vary based upon the prevailing law as amended from time to time.

5. PROVIDENT FUND CONTRIBUTIONS AND GRATUITY


The Company shall make contributions of 12% of basic salary towards the provident fund. Gratuity will be paid in accordance
with prevailing statutory requirements and your tenure of employment on India payroll.
For the employee holding foreign passport (International Worker), the Company shall make contributions of 12% of basic plus
flexible allowance towards the provident fund.

6. DISCRETIONARY BENEFITS
In addition to your salary, the Company may, at its absolute discretion, provide you with other benefits. Unlike your salary, the
Company may cease providing these benefits, or change the basis on which it provides them, from time to time at its absolute
discretion. Such benefits include, without limitation, the benefits set out in the remainder of this paragraph.

The Company's offer to you also includes a gross sign-on bonus of INR 400,000.00 . This sign-on bonus will be paid to you in
2 installments (less tax and other authorized deductions). The first installment of INR 200,000.00 will be paid on successful
completion of 12 months of your employment and balance amount INR 200,000.00 will be paid as 2nd installment upon
successful completion of 24 months of your employment. This sign-on bonus will not be paid if, on the date of payment: either
party has given the other notice of termination of your employment; or you are no longer employed by the Company.
You authorize the Company to withhold from your final pay, to the extent permitted by law, any Sign-On Bonus
reimbursement due to the Company as described above and you agree to sign whatever further authorization may be
required by the Company at the time to give effect to this. In the event the reimbursement amount you owe the Company is
greater than the amount withheld, you must pay the balance in full to the Company within thirty (30) days of the date your
employment terminates.

You may be eligible to participate in any bonus scheme applicable to your position that the Company has in place from time to
time. You acknowledge any bonus shall be at the absolute discretion of the Company, and you agree that as a condition of
participating in any such scheme that you will not make, and do not have, any legal claim to expect or be entitled to a bonus,
even if such payment was made repeatedly and without any explicit acknowledgment on each occasion as to its voluntary
and/or discretionary nature.

You may be entitled to participate in the Company’s benefits plans as operated from time to time, at such times as you qualify
for them or, as the case may be, as you are selected, at the Company’s absolute discretion, for participation in them. These
include insurance benefits, additional leave entitlements such as maternity leave, marriage leave and bereavement leave, and
other benefits.

7. VACATION ENTITLEMENT AND PAID HOLIDAYS


a. You will be entitled to privilege leave in accordance with the Company’s leave policy in place from time to time, subject to
applicable law.
b. You are entitled to public holidays in accordance with the laws of the state in which you work.
c. Privilege leave and public holidays will be paid as actual workdays.
d. Upon termination of your employment for any reason whatsoever, any outstanding accrued vacation shall be paid to you.
DocuSign Envelope ID: CE187770-C04E-4F12-9AD8-2CC69BC29DD7

8. HOURS OF WORK
You are expected to work during the Company’s normal business hours (Business Hours). The normal working days will be
five days a week. However, you may be required to work in excess of the Business Hours or outside normal working days as
necessary to perform your duties and responsibilities. The salary payable to you hereunder is adequate compensation in case
you are required to work for any additional hours and you shall not be entitled to any additional payment in this regard.
While working with the TAC India business unit, you may be required to work on a 6th day in a week. The need to work on a
6th day in the week will be informed to you by your manager or in accordance with a set business process based on business
needs. In the event you are required to work on a 6th day in a week, you will be covered by the company policy -
Supplemental Pay Policy Addendum: Non Standard Work week-India 6th day Working Practice.

9. BUSINESS TRAVEL
Your duties may require you to engage in travel on behalf of the Company including travel outside India. As a consequence,
you must work any additional hours as required. The salary payable to you hereunder is adequate compensation in case you
are required to travel and work for any additional hours while traveling and you shall not be entitled to any additional payment
in this regard.

10. EXPENSES
Authorized Company expenses will be reimbursed to you in accordance with Company policy in place from time to time, upon
your presentation of documentary evidence of each expense acceptable to the Company.

11. DISABILITY AND SICK LEAVE


a. You will be entitled to paid sick leave in accordance with the Company’s policy in place from time to time, subject to
applicable law. You will not be entitled to any payment in respect of such leave on termination of your employment.
b. You are required to notify the Company immediately of every absence from work and its probable duration. Upon request
by the Company, you must promptly provide the Company with reasons for the absence.
c. If you are unable to attend work due to illness or injury, you are required upon request or as set out in the Company’s policy
to provide a medical certificate from a registered medical practitioner confirming the illness or injury and stating its probable
duration. In the case of any illness exceeding the stated probable duration, you will provide a further medical certificate from a
registered medical practitioner within three (3) days after the expiry of the previous medical certificate.
d. The Company may require that you undergo a thorough medical examination by a doctor approved by the Company, at the
expense of the Company, for any absence from work due to an illness or injury. The Company will be provided with the results
of the examination and you agree to complete any additional authorization necessary to enable the results of the examination
to be shared with the Company.

12. TERMINATION OF EMPLOYMENT RELATIONSHIP


a. Notwithstanding anything herein contained, your employment may be terminated immediately by the Company at any time
without notice or payment in lieu thereof or any compensation whatsoever, if, among other things:
i. you disobey a lawful direction of the Company;
ii. you are guilty of any other serious misconduct;
iii. you commit any serious or persistent breach or non- observance of the terms, conditions or stipulations contained in
this agreement, or are guilty of any negligence or misconduct in connection with or affecting the business or affairs of
the Company;
iv. you breach your obligations under the paragraph headed NO CONFLICT OF INTEREST or any other material
provision of the agreement set out in this letter, including under the paragraph headed TERMS AND SCOPE OF
EMPLOYMENT;
v. you commit an act or acts in breach of the “Proprietary Information and Inventions Agreement” that you are required
to sign in connection with your employment with the Company or “The Cisco Code of Business Conduct” as each may
exist from time to time;
vi. you engage in conduct that could bring you or the Company into disrepute;
b. During the probationary period, your employment may be terminated at any time:
i. by you giving to the Company 15 days’ written notice; or by paying an amount equal to 15 days' fixed salary; or
ii. by the Company giving you 15 days’ written notice or by paying you an amount equal to 15 days’ fixed salary, less
any applicable or required tax or other deduction, unless otherwise restricted by any state specific legislation.

c. After the successful completion of the probationary period, your employment may be terminated at any time:
i. by you giving to the Company 60 days’ written notice; or by paying an amount equal to 60 day's fixed salary; or
ii.by the Company giving you 60 days’ written notice or by paying you an amount equal to 60 days’ fixed salary, less any
applicable or required tax or other deduction, unless otherwise restricted by any state specific legislation.
d. You acknowledge and agree that such notice (or payment in lieu thereof) is reasonable notice of termination and no other
notice requirements express or implied shall apply.
e. Upon the effective notice of termination of your employment by either party, the Company shall have the right to relieve you
from the performance of any and all duties of the position upon the continued payment of your salary and compensation, as
then in effect, for the duration of the notice period. During such notice period, you may be required to not attend for work, at
the Company’s absolute discretion. However, you must not take up any alternate employment until the expiration of such
DocuSign Envelope ID: CE187770-C04E-4F12-9AD8-2CC69BC29DD7

notice period.
f. The termination of your employment howsoever arising shall not affect such of the terms hereof as are expressed to
operate or have effect thereafter and shall be without prejudice to any right of action already accrued to the Company in
respect of any breach or default by you.
g. If your employment is terminated for any reason:
i. the Company may off-set amounts you owe the Company against any amounts the Company owes you at the date of
termination except for amounts the Company is by law not entitled to set-off;
ii. you must return all the Company’s property (including property leased by the Company) to the Company on
termination including all written or machine readable material, software, computers, credit cards, mobiles, laptops, keys
and vehicles;
iii. your obligations contained within the “Proprietary Information and Inventions Agreement” that you are required to
sign in connection with your employment, continue after the termination of your employment; and
iv. you must not record or retain any confidential information in any form after termination.
h. Additionally, your employment may also be terminated immediately by the Company at any time without notice or payment
in lieu thereof or any compensation whatsoever if:
i. you fail to provide the required documents related to completion of your education. The company has provided you
temporary relief, in light of the covid19 situation, to submit your documents within 10 days of it being issued by your
institution.
ii. you fail to succeed / pass in your examination thus leading to incompletion of your degree.
iii. you fail to appear for your degree examination.

13. NO CONFLICT OF INTEREST


a. You warrant that:
i. you have not entered into any other agreement or arrangement which may be in conflict with the terms and conditions
of your employment with the Company, or which would preclude you from fully performing your job responsibilities for
the Company; and
ii. your performance of your duties for the Company does not and will not breach any obligation you have to keep in
confidence: proprietary information; knowledge or data acquired by you in confidence or in trust prior to your
employment by the Company; and you will not disclose to the Company or induce the Company to use any confidential
or proprietary information or material belonging to any previous employers or others.
b. During your employment with the Company, you agree not to become associated as an owner, employee, agent,
consultant, officer or partner or in any other capacity with any business which furnishes services or products similar to those of
any member of the Cisco Group or which in any way otherwise competes with any member of the Cisco Group. While you are
employed by the Company, you also agree not to become a director of any company or business, without the Company’s
prior written consent.

14. APPLICABLE LAW


This agreement is to be governed and construed by the laws of India.

15. NO WAIVER
The failure by the Company at any time to insist on performance of any provision of the agreement set out in this letter is not a
waiver of its right at any later time to insist on performance of that or any other provision of the agreement set out in this letter.

16. REFERENCE OR BACKGROUND CHECKS


This offer of employment and any consequent employment relationship is contingent upon satisfactory reference and/or
background checks as well as verification of your employment and salary history. Any false information provided by you or at
your request may result in immediate termination of your employment with no compensation to you.

17. SEVERABILITY
The Company and you mutually agree that the provisions of this agreement are severable, and if any one provision is found to
be invalid or unenforceable in whole or in part, the remainder of the agreement will remain valid and enforceable. The
Company and you further agree that the court may modify any provision to make it valid and enforceable.

18. SUCCESSORS AND ASSIGNS


The Company will have the right to transfer and assign this agreement and all covenants and agreements herein will inure to
the benefit of and be enforceable by such successors and assigns. This agreement is personal to you and you will not be
entitled to transfer or assign it in whole or in part.

19. VARIATION
Any variation to this agreement must be in writing and agreed by both parties. The exercise of any right or discretion by the
Company under the agreement set out in this letter or in connection with your employment is in its absolute discretion and is
not subject to any implied restrictions (including any implied term of mutual trust and confidence).
DocuSign Envelope ID: CE187770-C04E-4F12-9AD8-2CC69BC29DD7

20. MISCELLANEOUS
Headings are for ease of reference only and do not affect the meaning of the agreement set out in this letter. Unless expressly
indicated otherwise, references to monetary amounts are references to an amount expressed in the currency of India.

21. TIME FOR ACCEPTANCE OF OFFER


By accepting this offer, you acknowledge and agree that this offer letter and the terms and conditions set forth in them
accurately describe the employment relationship that you are willing to enter into with the Company and you agree that the
terms and conditions of the employment are fair and reasonable. To accept the terms of this offer, you must do the following
on or before the acceptance deadline of seven days following the date of this letter:
a. Sign the offer using DocuSign; and
b. acknowledge that you have received, reviewed and signed the Proprietary Information and Inventions Agreement and
returned the completed, signed copy to as per instructions from Shikhar Agarwal |[email protected], or such other
person nominated by Shikhar Agarwal |[email protected].
If you do not do these things by 04-Mar-2023 signifying your acceptance of the offer, the offer will lapse.
Welcome to the Cisco India family! We wish you a long and fruitful career with the Company.
Yours sincerely,

____________________________
Priyanka Bhagat

MANAGER RECRUITING. TALENT ACQUISITION

Acceptance

I, Aagam Shah, accept this offer on the terms mentioned above.

[signHere] 24-Feb-2023

_____________________ _____________________
Signature Date

For Official Use Only:


123 - Cisco Systems (India) Private Limited
Technical Consulting Engineer
004
DocuSign Envelope ID: CE187770-C04E-4F12-9AD8-2CC69BC29DD7

Domestic Relocation Benefits

Name: Aagam
Date: 09-Aug-2023

Dear Aagam,

You are entitled to relocation assistance under the Company’s domestic relocation policy (Policy), a copy of which is
enclosed. You are entitled to the “Domestic Standard” level of assistance (as set out in the Policy) and summarised below are
the details of the relocation package being provided to help support your transition from MAHARASHTRA to IND-
BANGALORE. All benefits under the Policy are subject to the terms of the Policy from time to time and are “Discretionary
Benefits” (as defined in your offer letter).

You will be reimbursed expenses towards the following items subject to limits specified below. However, in light of the recent
Covid situation, the below expense reimbursements will be made only on actual relocation. The Company will give you as
much notice as practical of the date of your transition. You will have to change from remote location working, to your primary
work location within 90 days after being requested to do so by Cisco. Please ensure that reimbursements are submitted in the
tool and within timelines as specified in the Domestic Relocation policy.

Particulars Eligibility

Economy class airfare or II AC train fare from your current location to the place of joining Cisco
Systems by the shortest possible route will be reimbursed on actual expenses incurred for you and
Travel Fare
maximum at the time of joining the company.
Reimbursement

Original boarding passes are needed for reimbursement claims.

Movement of Reimbursement of expenses incurred towards shipment of household goods up to a maximum of


Household Goods INR 45,000 or actuals, which ever is less, subject to you submitting original receipts of the same.

The company shall provide temporary accommodation and related expenses only for your stay only
for a maximum period of 15 days.

Limits for Related Expenses:


Temporary Living
Related Expenses o Food INR 500 per day per person
o Laundry on submission of receipt/ or along with the hotel bills INR 400 per person/ per day
o Co. Provided Transport from company provided accommodation to campus and back as
applicable.

Airport Transfers Reimbursement of Airport Transfers in both current & new location subject to actual bill

Note:
All reimbursements are subject to submission of original bills and receipts.
All reimbursements to be claimed through the company tool and within timelines as specified in the Policy.
Any additional expenses borne by you will not be eligible for reimbursement.
The Company will also pay you a relocation allowance of INR 91,667.00 equivalent to 30 days’ fixed salary. This allowance is
subject to deduction of tax, as applicable.
If in case you do not relocate by the date as requested by the company, the company reserves the right to take appropriate
action as deemed necessary. You will also agree to repay the full amount that has been paid to you in advance as “relocation
allowance” in such situation as well as in case of you voluntarily terminating.
Please refer to the Policy for additional details or contact GBS Employee Experience: HR Support
For 123 - Cisco Systems (India) Private Limited

____________________________
Priyanka Bhagat

MANAGER RECRUITING. TALENT ACQUISITION


Relocation Payback Agreement

Date: 09-Aug-2023

Name: Aagam Shah


DocuSign Envelope ID: CE187770-C04E-4F12-9AD8-2CC69BC29DD7

I understand and agree that 123 - Cisco Systems (India) Private Limited (“Cisco”) may, in its sole discretion, require that I
provide additional acceptable documentation of some or all of my relocation expenses before reimbursing me for those
expenses.

I further understand and agree that Cisco's obligation to make any relocation payment(s) and reimbursement is contingent
upon my continued employment with the Company. If I voluntarily terminate my employment within the first year of my
relocation, or my employment is terminated for “cause” (as defined below) by the Company, I agree to pay back on pro rata
basis all relocation payments and reimbursements advanced to me or paid on my behalf by Cisco. The pro-rata amount will
be determined by multiplying the total payments and reimbursements.
If, I have not relocated to my work location as per notice from Cisco OR have not relocated at all within one year, I agree to
pay back full amount of all relocation payments and reimbursements advanced to me or paid on my behalf by Cisco.

In the event of involuntary termination without cause or termination due to my acceptance of a voluntary retirement or
redundancy scheme offered by the Company, I am not required to repay any amount to Cisco. ”Cause” means any of the
following reasons:
(i) my continued material failure to perform my duties to Cisco (other than due to disability) after there has been
delivered to me a written demand for performance which describes the specific material deficiencies in my performance
and the specific manner in which my performance must be improved, all in accordance with the Cisco performance
management plan, and which provides thirty (30) business days from the date of notice, or the amount of time specified
in any applicable Cisco performance management plan, whichever is greater, to remedy such performance
deficiencies;

(ii) my engaging in an act of willful misconduct that has had or will have a material adverse effect on Cisco's
reputation or business;

(iii) my being convicted of a crime punishable by imprisonment;

(iv) my committing an act of fraud against, or willful misappropriation of property belonging to, Cisco;

(v) my material breach of the Cisco Code of Business Conduct, Conflict of Interest Agreement or Proprietary
Information and Inventions Agreement;

(vi) any other circumstance, or conduct, behaviour or omission by me, which entitles Cisco to terminate my
employment immediately without notice or payment in lieu, including without limitation those set out in subclause (a)
under the heading of TERMINATION OF EMPLOYMENT RELATIONSHIP in my offer letter.

I authorize Cisco, to the extent permitted by law, to deduct from any payments due to me on termination any amount owed to
Cisco, as determined above. I further agree to re-affirm this authorization in writing in the event that my employment is
terminated during my first year of employment, either voluntarily or involuntarily for cause. I agree to pay the remaining
balance in full to Cisco within thirty (30) days of my termination date.

____________________________
Priyanka Bhagat

MANAGER RECRUITING. TALENT ACQUISITION


[signHere] 24-Feb-2023
______________________________ _________________________
Aagam Shah
Employee Name & Signature Date:

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