COST TO COMPANY(CTC) FOR Mr Michael Jenitto A

Email: michael_jenitto@yahoo.co.in
Band: E1

Designation: MEMBER TECHNICAL STAFF

Issued Date:Thursday, May 27, 2010

Monthly Components (In Rs.)

Basic Salary 6800

House Rent Allowance/Company Leased Accomodation 3400

Conveyance Allowance 800

Lifestyle Allowance 6116

Holiday Allowance$ 566

Advance Statutory Bonus 700

City Compensatory Allowance### 3000

Deployment Allowance/ Performance Incentive 3025

TOTAL: Monthly (A) 24407

TOTAL: Monthly : Annualised (B) 292884

Annual Components (In Rs.)

Provident Fund 9792

Social Security & Health Benefits±± 10200

Gratuity 3924

TOTAL: Annual : (C) 23916

Variable Components(In Rs.)

Performance Bonus @ 100% achievement levels+ 13200

TOTAL: Variable Components : (D) 13200

Cost to Company (B) + (C) + (D) 330000

$ INSURANCE & MEDICAL BENEFITS (in Rs.) MAX SUB-LIMITS (per annum)

Domiciliary expenses reimbursement limit 6800

Hospitalization cost reimbursement limit 204000

Term life Insurance Cover 1500000

Disability cover due to accident (upto) 1500000

±± The premium shown is at default as per the Company Medical Scheme Policy. This will depend on the extent of coverage that you would opt for as per the policy. Based on your

selection of dependents towards the coverage, following will be the treatment: 1. If the premium% is less than default, the difference will be paid out along with your Management

/ Lifestyle Allowance 2. Premium% can be more than default based on number of members you would like to include in the coverage. The details for selection of dependents for

coverage will be available to you at the time of your joining.

+ Year-end Performance Bonus is not payable on prorate basis in the event of employee leaving the organization prior to the completion of the performance review cycle.

$ Holiday Allowance can be converted into LTA. Please refer guidelines and contact the respective HR Representative.

### Your CCA amount will be subject to your working location - City / Zone classification as per the CCA Policy. CCA component will subject to change if there is a change in your
band or working location (City)

NOTE :
All salary components are governed by the company policies and statutory guidelines.

This salary sheet is strictly confidential and must not be discussed with anyone other than your HCLT Reporting Manager

All personal tax liability arising out of compensation and joining expense (if any) will be borne solely by the employee.