Date: 21-08-2023

Mr. Thalari Prem,

1-28, Renigunta, Chittoor,

Andhra Pradesh-517520,

India

Dear Thalari Prem,

We are writing to offer you the position of Software Developer at Alta Vista. This is a full-time position with a
starting salary of INR 360,000 per year.

We are excited to have you join our team and believe that you have the skills necessary to be successful in this
role.

At Alta vista, we assure that your career will never stand still, we will inspire you to build what`s next and we
will navigate further, together. Our journey of learnability, values and trusted relationships with our clients
continue to be the cornerstones of our organization and these values are upheld only because of our people.

We look forward to working with you and wish you success in your career with us.

Warm regards,

Abhishek Kothari

HR Manager

ALTA VISTA INFO SOLUTIONS

Welcome aboard…

It is often said that an organization can grow only if it empowers its employees to grow! At ALTA VISTA,
we consciously realize this fact and have developed a five-fold path for individual enlightenment that
not only covers basic monetary benefits for ALTA VISTA, but also takes care oftheir professional growth
by providing empowerment, knowledge, recognition, transformation,and support.

Following are the terms and conditions that refer to our offer of employment to you, this is to be read
in conjunction with the offer letter as attached

TERMS AND CONDITIONS

1. Date of Employment: Your employment will be effective from your date of joining, which shall
be on 23-08-2023. Please contact us immediately if you require an alternative joining date.

2. Emoluments: Your per annum cost to the company is INR 3,60,000/- 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: You are recruited for the position of Software Developer. 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. 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 atthe discretion of the Company. During
your service with the Company, you are expectedto devote your whole time and attention to the
Company's affairs and refrain from directlyor indirectly engaging in any other employment or
business in any role or capacity.
6. Working Hours: Company’s general working hours are from 9.00 am to 6.00 pm, Monday to
Saturday. You may be required to work additional hours as may be necessary for the efficient
execution of your responsibilities. Every second and fourth Saturday of the month is off. Your
weekly off may not necessarily be for 1 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.

7. Leave Policy: As a full time, employee of the Company, you will be eligible to have 12 paid leaves
per year and are allotted as 1 leave for each month, from an exceeded leave ina month comes
under the “Loss of Pay” which is based on your monthly wage. A paid leave shall be informed at
least before a week until unless reason for the leave is ill health. If your paid and unpaid leaves
exceed 24 per Annum, you may receive a notice of termination.
8. 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.

9. 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 always keep your passport valid.

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

11. Salary Review: Your compensation will be reviewed periodically as per the Company’spolicy 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.

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 noticesshall 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 materialor relevant information had been
suppressed or concealed or exaggerated, any employment pursuant hereto will be considered
ineffective and irregular and will be liableto 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 permissionto 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’ noticeor 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 allthe
non- statutory payments due to you. The Company may further reserve the right torecover
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 compensationfor 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 attemptedunauthorized disclosure or misuse of the Company’s
Confidential Information, gross insubordination, or receipt or attempted receipt of any impermissible
rebate, kickback or othersimilar remuneration or consideration in connection with any potential or
existing opportunityfor 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 clearancefrom concerned
departments.
 You will retire from the services of the Company on attaining the age of
superannuation [55 years].
 Any notice required to be given to you shall be deemed to be duly and properly givenif
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 theCompany.
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 contractto 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 yourbreach of
any of the provisions contained hereof.

17. Entire Agreement: This letter sets forth the entire agreement and understandingbetween 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 anywaiver of any
rights under this letter, will be effective unless in writing signed by the parties

18. 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 personor 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 termsof employment will be construed in accordance with and
governed by the laws of India. Uponyour 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.
 19. Miscellaneous:

 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 givento the
Company by you.

 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 yourjob responsibilities
for the Company.

 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.

 It is agreed that any dispute of whatsoever nature between you and the Company will be
subject to the jurisdiction of Pune Courts only, whether they be any other courts or tribunal
or authority of whatsoever nature.

 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 letterto the
minimum extent required so that this letter shall otherwise remain in full force and effectand
enforceable in accordance with their terms.

20. Letter of Acceptance:

If the above stated terms and conditions are acceptable to you, kindly Share us an acknowledged
scanned soft copy of this employment offer Letter.

Your employment will be governed by the rules, regulations, and policies of the Company in effect.
The terms and conditions mentioned above are subject to changes at any time at sole discretion of
the COMPANY and as per business demands with or without prior notice.

According to the standard practice of our Company, you will treat the above terms of this letteras
strictly confidential.
 ANNEXURE - I

SALARY BREAKUP:

SALARY ANNEXURE
EMPLOYEE NAME: THALARI PREM
LOCATION: HYDERABAD
DESIGNATION: SOFTWARE DEVELOPER

PER MONTH (INR) PER ANNUM (INR)

COST TO COMPANY 30000 360000
COMPONENTS PER MONTH(INR) PER ANNUM (INR)
BASIC 15000 180000
HRA 7500 90000
Convenience Allowance 4500 54000
Special Allowance 3000 36000
Total (A) 30000 360000

Deductions
Employees Contribution of PF 1800.00 21600.00
Variable Deduction 5800.00 69600.00
Professional Tax 200.00 2400.00
Total Deductions (B) 7800.00 93600.00
NET TAKE HOME (A-B) 22200 266400

Acceptance

Signature:

Name:
 ANNEXURE – II

EXPLANATION OF COMPENSATION STRUCTURE ANDEMPLOYEE BENEFITS

To facilitate an easy understanding of your compensation structure (Cost to Company, CTC), the
various components have been categorized under the following broad heads:

Basic Salary Monthly Allowances Variable Pay Retrials & Insurances Benefit

The details for each component falling under these heads are explained as following:

BASIC SALARY

The Basic Salary is standard across organization and brought to a certain value of the CTC. Basic salary
has an impact on various other components such as the PF contribution, medical insurance cover,
Gratuity, HRA etc. and hence has to be balanced so as not to substantially reduce the employee's take
home salary.

MONTHLY ALLOWANCES
• House Rent Allowance (HRA): The HRA is payable maximum Up to 100% of the BasicSalary and
paid monthly. This includes the Company Leased Accommodation value. For thosewho are not staying
in a rented accommodation, can declare the same in the system post joiningand this amount would be
paid as taxable component.

• Compensatory Allowance: Compensatory Allowance is a buffer component that adjusts the

amount of CTC against all other fixed components.

VARIABLE PAY

The scope of “Variable Pay” in your compensation structure will be credited half yearly “employee
group” in ALTA VISTA.

Performance Bonus (PB): You will be eligible to Performance bonus

Performance Bonus (PB) is payable in accordance with the Company’s Bonus Policy (sales / delivery /
functional support) as applicable at that time. The quantum of pay-out will be subject to the current
year’s Bonus Policy and will be calculated based on your individual contributions against your Key
Performance Parameters (KPP) as well as the company's performance.

PB is payable to you at the end of the performance review cycle. To be eligible for the bonus pay- out,
you need to be active on the rolls of the company at the time of reward distribution as per our
Performance review and Reward cycle.
We look forward for you being an integral part of this arduous yet fulfilling journey towards excellence
and growth and hope our relationship will go a long way!

List of Documents required for joining-induction day

1. Latest Offer/Appointment Letter with Cost to Company (CTC and ALL ANNEXURES)
2. Relieving Letter/ Resignation Acceptance-FOR EXPERIENCED EMPLOYEES
3. PAN Card
4. Passport – First and last page – Name and Date of Birth Proof.
5. 10th Mark Sheet
6. 12th Mark Sheet
7. Address Proof: Any Govt. photo ID / address proof e.g., Passport, Driver's License, Voter ID card,
electricity bill of last 3 months, etc.
8. Passport Size Photographs (white background).

 Please ensure all documents are Self-attested (Photocopies).

 Please ensure that the photocopies are clearly visible as dark and hazy photocopies are not
accepted.

 Please avoid clicking pictures of documents and taking printouts.

 Please keep your PF account number (immediate previousemployment), UAN information

handy as these details are required on theinduction day.
 ANNEXURE – III

LIST OF DOCUMENTS/INFORMATION TO BE SUBMITTED TO FACILITATEJOINING, PRE-EMPLOYMENT /

BACKGROUND VERIFICATION / VALIDATION AND APPOINTMENT PROCESS AT ALTA VISTA

PRE-EMPLOYMENT BACKGROUND VERIFICATION:

Particulars (To be submitted to the Recruiter)

1. Highest Qualification - Degree Certificate, All Years Mark sheets. Provisional DegreeCertificate
required for courses completed in the last 6 months from the current date.
2. Permanent/Current Address Proof – Passport, Ration Card, Voter ID, Driving License,Rental
agreement or Lease agreement etc.
3. Previous Employer – Relieving and Experience Letter, latest salary slips & offer letterwith
Employee ID Number.
4. A duly filled and signed copy of the joining form and LOA (letter of authorization)
5. Identity Verification - Copy of valid passport or PAN card required

Additional documents (To be submitted on request)

1. Highest Qualification- Admit card, college, and university official’s (Registrar andDirector)
detail.
2. Previous Employer – Direct HR Contact, PF account details, bank statement showingsalary
transfer and Form 16, If company is active, employer’s active address.

Things to Remember

1. The information provided in Resume and background verification form must be same.
2. Information provided in background verification form must be accurate.
3. Period of stay mentioned in the background verification form should be correct and in
continuation (without any GAP).
4. Any Gap in Employment or Education must be informed explicitly to the recruiter.

Additional document can be requested to clear background verification therefore to avoiddelay

it is advisable to submit these documents along with the mandatory documents.
 ANNEXURE – IV

You are required to report to ALTA VISTA Onboarding Team for completing joining
formalities on the day of joining.

You are supposed to submit all the above-mentioned documents to you reporting manager
or concern manager on the date of joining at Hyderabad office.

This offer and Appointment letter with all the enclosures of Annexures is completed in all
respects and it is clearly understood and agreed that there is no other commitment or
understanding.

ALTA VISTA INFO SOLUTIONS

For ALTA VISTA

ACCEPTANCE OF APPOINTMENT TERMS AND CONDITIONS:

I agree that I have read, understand, and accept this engagement from Alta vista under
the terms and conditions stated above.
(Please sign below to confirm that you agree with the terms and conditions stated in this
engagement.)
Signature:

Printed Name: Date: