07-Jun-2024

Mr. Katu Sree varunAndhra Pradesh,

Dear Mr. Katu Sree varun ,

Further to our offer and your acceptance thereof, we have pleasure in appointing you as Application
Engineer - I at Bangalore effective 08-Jul-2024.

Your annual total base pay will be INR 7,00,000 (Rupees Seven LakhOnly). Your compensation is
mentioned in the attached Annexure-I.

In addition to the above, you will be eligible for 10% of your total base pay as an annual performance
bonus as per the Bonus plan’s terms and conditions. The company will review its overall performance
and your individual performance and will determine your bonus, if any.

Additionally, you will be eligible for a joining bonus of INR 1,50,000 Should you decide to terminate
the employment with the company within 24 months from your date of joining; the above said amount
will be recoverable from you in full.

You will also be eligible for a retention bonus of INR 1,50,000 which will be paid to you in 1 installment
as per the below schedule,

Upon Completion of 24 months from date of Joining INR 1,50,000

If you decide to terminate the employment with the company within 12 months from your date of
payment of retention bonus; the above said amount will be recoverable from you in full

Your Employment shall be "at will," meaning that either you or the Company shall be entitled to
terminate your Employment at any time and in a manner specified below for any reason, with or
without Cause. Any contrary representations that may have been made to you shall be superseded
by this Agreement. This Agreement shall constitute the full and complete agreement between you
and the Company on the "at-will" nature of your Employment, which may only be changed in an
express written agreement signed by you and a duly authorized officer of the Company.

Your employment may be terminated at the instance of either party only by giving to the other party 1
calendar months’ prior written notice provided that the Company may if it shall so choose pay 1
months’ prior written notice or salary in lieu thereof.

This offer of appointment is subject to positive feedback on your reference checks and conditional
upon successful background checks (which may include criminal checks, verification of previous
employment, education verification, credit check and appropriate identification verification) being
conducted either by Flipkart or an appropriate third party, and the results of such background
checks being favorable in Flipkart's reasonable opinion. If this condition is not satisfied, then this
offer of appointment will be void or will become void, on notice by Flipkart. If the terms & conditions
are acceptable to you, kindly send us an acceptance mail at the earliest and confirm your date of
joining.

You may be required to work from Monday to Friday or Monday to Saturday as per company policy
applicable to your area of function, for such hours as are necessary to suit the Company's
requirements and for the proper discharge of the Employee's duties. You may also be required to

Flipkart Internet Private Limited

Buildings Alyssa, Begonia & Clover, Embassy Tech Village, Outer Ring Road, Devarabeesanahalli Village, Bengaluru – 560103,
Karnataka, India.
CIN: U51109KA2012PTC066107 | Ph: 1800 208 9898 | www.flipkart.com
 attend duties on Public Holidays as per the exigencies of work. However, the maximum number of
working hours per week shall not exceed the provisions of the applicable law. In the event that you
are required to work for more than 48 hours in a week, you shall be informed of the same by your
immediate supervisor.

You represent and warrant to the Company that you are under no obligations or commitments,
whether contractual or otherwise, that are materially inconsistent with your obligations under this
Agreement. In connection with your Employment, you shall not use or disclose any trade secrets or
other proprietary information or intellectual property in which you or any other person has any right,
title or interest and your Employment will not infringe or violate the rights of any other person. You
represent and warrant to the company that you have returned all property and confidential
information belonging to any prior employer, other than confidential information that has become
generally known to the public or within the relevant trade industry.

You shall serve the Company in India in connection with the business either of the Company or one
of the Associated Companies as the Company may at any time or from time to time direct.
(“Associated Companies” shall mean and include any and every Company in which at least 25% in
the aggregate of the Ordinary Share Capital is for the time being held by or in the beneficial
ownership of the Company and/or any of its associated companies)

You shall not have any claim whatever against the Company or any of its Associated Companies for
any extra service, unless for such payment (if any) as may have been expressly agreed to in writing
prior to such services being rendered.

During the employment period, if you are required to travel or stay outside your location specified
above, you shall be entitled to reimbursement of reasonable expenses as per the travel policy of the
Company, applicable from time to time.

You shall not, during the continuance of this engagement, be engaged, concerned, or interested
directly or indirectly, in any other occupation, business or employment whatever without the previous
consent in writing of the Company, but shall devote your time, attention and abilities exclusively to
the performance of your duties hereunder and shall in all respects obey and conform to the
Company’s orders and regulations, and well and faithfully serve the Company, and use best
endeavors to promote the interests hereof, and of the business in which you shall for the time being
be engaged. During such time as you may be engaged in connection with the business of any of the
Associated Companies you shall at all times readily conform to obey and execute all lawful orders
which may be issued to you by such Associated Company.

You shall not, unless directed by the company, either during the continuance of this engagement or
thereafter disclose, divulge, or communicate to any person or persons whatsoever any information of
a secret or confidential character relating to the trade or business of the Company or of the
Associated Companies or to the strategies, plans, methods, process, appliances, machinery or plant
used by them, or by any of them or to any activities or experiments made by them, or any of them, or
by any persons in their employ, or relating to the prices paid or charged by, or the customers or
suppliers of the Company or its Associated Companies.

All Intellectual Property rights in any work or material developed/co developed/conceptualized

directly or indirectly by you during the course of your employment shall be considered ‘Works made
for Hire’ under the Intellectual Property laws and shall belong to and be the property of the Company
and you confirm and accept that you shall not be entitled to claim any rights over any such
Intellectual Property. If required by the Company, during or after the Employment Period, you shall
assign and transfer in favour of the Company or, at the request of the Company, in favour of any of

Flipkart Internet Private Limited

Buildings Alyssa, Begonia & Clover, Embassy Tech Village, Outer Ring Road, Devarabeesanahalli Village, Bengaluru – 560103,
Karnataka, India.
CIN: U51109KA2012PTC066107 | Ph: 1800 208 9898 | www.flipkart.com
 its subsidiary, affiliate or customers, all Intellectual Property rights in such works or materials and
shall execute such deeds and documents, as the Company may require, to effectually vest in the
Company, any of its subsidiary, affiliate or customers as the Company may require, any and all
Intellectual Property rights and benefits in such works or materials. In performance of your duties and
responsibilities you shall not use or infringe any intellectual Property or rights of the Company or of
any other third party/s.

You shall, at the request and cost of the Company, take all necessary steps to procure the granting
of Letters of Patent in India and similar protection abroad in the Joint names of the Company and
yourself in respect of such invention, and upon such Letters of Patent and/or similar protection being
granted, shall, at the request and cost of the Company, execute all assignments, licenses, and other
documents required by the Company to deal with the said Letters of Patent and/or similar protection
in such manner as the Company may think fit. Should the Company so desire the said invention shall
not be made the subject of Letters of Patent or similar protection, but shall be worked by the
Company, and all or any of its Associated Companies as a secret process, and in such case you
undertake not to disclose, divulge or communicate any information relating to such invention to any
other person or persons whatsoever.

All the provisions hereinbefore contained regarding any invention or patent shall apply to any design
which during the continuance of this Agreement, you shall become entitled to register, the
registration thereof being deemed to be equivalent to the grant of Letters of Patent, and any other
necessary changes being made.

If at any time hereafter it shall be agreed between the Company and yourself that an alteration shall
be made in your salary, duties or place of employment, such alteration shall not affect the other
terms of this Agreement, except as may be expressly agreed on.

You shall not do or indulge in any of the following, without the prior written consent of the Company:

(a) Compete: During the Employment Period and for a period of at least 6 (Six) months after the
Employment Period, you shall not directly or indirectly carry on, assist, engage in, be concerned or
participate in any business/activity (whether directly or indirectly, as a partner, shareholder, principal,
agent, director, affiliate, employee, consultant or in any other capacity or manner whatsoever) which
is similar to the business of the Company nor engage in any activity that conflicts with your
obligations to the Company;

(b) Solicit Business: During the Employment Period and for a period of at least two (2) years
after the Employment Period, you shall not solicit, endeavor to solicit, influence or attempt to
influence any client, existing or prospective customers or other person, directly or indirectly, to
purchase his product in lieu of Company’s products and/or services, to any person, firm,
corporation, institution or other entity in competition with the business of the Company;

(c) Solicit Personnel: During the Employment Period and for a period of at least two (2) years
after the Employment Period, you shall not solicit or attempt to influence any person employed or
engaged by the Company (whether as an employee, consultant, advisor or in any other manner) to
terminate or otherwise cease such employment or engagement with the Company or become the
employee of or directly or indirectly offer services in any form or manner to himself or any person or
entity which is a competitor of the Company.

You acknowledge and agree that the compensation stated in Annexure I of this appointment letter is
sufficient consideration for you to agree to non-compete and non-solicitation

Flipkart Internet Private Limited

Buildings Alyssa, Begonia & Clover, Embassy Tech Village, Outer Ring Road, Devarabeesanahalli Village, Bengaluru – 560103,
Karnataka, India.
CIN: U51109KA2012PTC066107 | Ph: 1800 208 9898 | www.flipkart.com
 You will not borrow or accept any money, gift, reward or compensation for your personal gains from
or otherwise place yourself under pecuniary obligation to any person/client with whom, you may be
having official dealings.

You acknowledge and agree that violation of the covenants and obligations with respect to
noncompete and non-solicitation as set forth above will cause the Company, irreparable injury.
Therefore, you agree that the Company shall be entitled to an interim injunction, restraining order or
such other equitable relief as a court of competent jurisdiction may deem necessary or appropriate
to restrain you from committing any violation of the covenants and obligations. These injunctive
remedies are cumulative and are in addition to any other rights and remedies that the Company may
have against you as provided under laws.

You will have access to the employee portal which will have Company’s Code of Conduct, Privacy
Policy Guide, IT Usage Policy, Safety and Environment policy and other policies of the company. You
are required to go through the same and understand them. You agree to abide by the principles set
out in the document, breach of which, can have serious consequences including dismissal from
service.

You will always maintain in good condition of the Company’s assets, which may be entrusted to you
for official use during the course of your employment and shall return all such assets to the Company
prior to relinquishment of your charge to the person or department identified by the Company. Failing
which the cost of the assets will be recovered from your Full and Final Settlement. Once the amount
is recovered and you return the asset within seven (7) business days from the date of recovery, you
may claim the amount back. You will not be able to claim/or offer to return the assets post the cut off
of seven (7) business days from the date of the recovery.

If you are at any time found to be guilty of misconduct, commit any breach of this Agreement, or
refuse or willfully neglect to perform to the satisfaction of the Company or any of the Associated
Companies in connection with whose business you may be engaged all or any of the duties
devolving upon you under this Agreement, the Company may at once, without any previous notice,
terminate your appointment. Unless in case of earlier termination of this appointment due to a
plausible cause, you shall retire on your 60th birthday or the day immediately preceding such date, if
your birthday does not fall on a working day.

This Agreement and all of your rights and obligations hereunder are personal to you and may not be
transferred or assigned by you at any time. The Company may assign its rights under this agreement
to any entity that assumes the Company's obligations hereunder in connection with any sale or
transfer of all or a substantial portion of the Company's assets to such entity.

No provision of this Agreement shall be modified, waived or discharged unless the modification,
waiver or discharge is agreed to in writing and signed by you and by an authorized officer of the
Company (other than you). Notwithstanding the above, in the event of a change in role, grades,
promotions or other changes made in your employment and informed to you by the authorised
officer of the Company, the applicable policies to such change in role, grades, promotion or other
employment changes (for e.g. Notice Policy, Reimbursement Policy) shall apply to you from the
effective date of such change. To that extent, such change in applicable policies will be considered
an amendment of this Agreement and your continued employment will be constituted as agreement
to applicable policies from time to time.

No waiver by either party of any breach of, or of compliance with, any condition or provision of this
Agreement by the other party shall be considered a waiver of any other condition or provision or of
the same condition or provision at another time.

Flipkart Internet Private Limited

Buildings Alyssa, Begonia & Clover, Embassy Tech Village, Outer Ring Road, Devarabeesanahalli Village, Bengaluru – 560103,
Karnataka, India.
CIN: U51109KA2012PTC066107 | Ph: 1800 208 9898 | www.flipkart.com
 The Company shall be entitled to make policies from time to time including but not limited to the
matters/terms and conditions mentioned in this Offer Letter and may alter the policies anytime at its
sole discretion. All such policy decisions of the Company shall be binding on you and shall override
this Offer Letter to that extent.

If you agree to these terms and conditions, may we request you to sign the copy of this letter in
token of your acceptance.

Yours sincerely,

For Flipkart Internet Private Limited

Richa Verma
Senior Director

I accept the above terms and conditions and shall abide by them.

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Name: Mr. Katu Sree varun

“This is an electronically generated document, hence will not be printed on letter head material.”

Flipkart Internet Private Limited

Buildings Alyssa, Begonia & Clover, Embassy Tech Village, Outer Ring Road, Devarabeesanahalli Village, Bengaluru – 560103,
Karnataka, India.
CIN: U51109KA2012PTC066107 | Ph: 1800 208 9898 | www.flipkart.com
 Annexure I

Annexure I: Your Rewards

Summary
Name :
Mr. Katu Sree varun
City :
Andhra Pradesh
Compensation Structure INR Annually (in Lakhs)
Total Base Pay (A) 7,00,000
Basic Salary 3,15,000
House Rent Allowance 1,57,500
Leave Travel Allowance 24,000
Special Allowance 1,81,900
Provident Fund (Employer's Contribution) 21,600
Performance Bonus (B) 70,000

Total Cash Compensation (C = A+B) 7,70,000

Benefits Cost (D) 51,641

Insurance Cost 36,490

Gratuity 15,151
Cost To Company (E = C + D) 8,21,641

Your Rewards (E + G) 8,21,641

Note:

- Employer's Contribution to Provident Fund (maximum 12% on 1,80,000/- of Basic Salary per
annum)
- Gratuity is at 4.81% of your Basic Salary and its payable on separation, subject to completion
of 5 years of service in the company with the prevailing acts.
- Performance bonus is paid as per the terms and conditions of the company bonus plan.
- Any tax liability arising out of these allowances, perquisites and reimbursements will be borne
by the employees.

Flipkart Internet Private Limited

Buildings Alyssa, Begonia & Clover, Embassy Tech Village, Outer Ring Road, Devarabeesanahalli Village, Bengaluru – 560103,
Karnataka, India.
CIN: U51109KA2012PTC066107 | Ph: 1800 208 9898 | www.flipkart.com