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Date: 29th September 2010

To,
Mr. Alok Shukla,
B7- 208 Gaur Plaza
Shalimar Garden
Ext II, Ghaziabad,
U.P.

OFFER LETTER – AREA MANAGER

Dear Alok,

Subsequent to your interview we are pleased to offer the position “AREA MANAGER” in our company. You are required to
report in our office latest by 4th October 2010. Your offer is subject to the following terms and conditions.

1. DURATION OF CONTRACT OF EMPLOYMENT

The contract is for continuous employment, but subject to termination as herein provided.

2. TERMINATION OF CONTRACT OF EMPLOYMENT

Either party to the contract may terminate the contract at any time by giving fifteen days prior notice in writing to that
effect to the other. Alternately, contract can be terminated by paying fifteen days salary in lieu of the notice period. The
contract can be terminated without notice period in case of disciplinary issues, integrity and drop in performance on the
part of the employee. You shall be bound by the company polices as given in employee manual and amendments issued
from time to time (Copy of employee manual attached)

3. COMPENSATION

At present your cost to the company will be Rs. 325,000/- per year, consisting of FIXED Pay of Rs 276,250/- per year
(CTC Including Company’s contribution to PF and health insurance) and VARIABLE PAY of Rs 48,750/- per
year. Break-up for the same is enclosed in Annexure - I.

4. RULES AND REGULATIONS

Your services will be governed by the Service Rules and Regulations which may be brought in force or amended from
time to time, as applicable to all employees of the company.

5. PROBATION PERIOD

You will be on probation for a period of six months from the date of joining and your position will be confirmed on
recommendation of your manager.

6. PLACE OF POSTING AND TRANSFER

Your posting at present will be at Agra. During your employment you may be posted or transferred/attached to any of
the Company’s establishments/Group Companies or associate offices, whether now existing or incorporated in future, of
the company in Bangalore or any other city in India or Abroad. While working in another company on
transferred/attached, you shall be entitled to emoluments and perks as applicable in the transferred/attached company,
and for all purposes you shall be deemed to be in the company transferred/attached.

Manipal K - 12 Education (P) Ltd.


No. 10, Ashwini Layout, Intermediate Ring Road, Ejipura, Koramangala, Bangalore - 47,
Ph: +91 80 30461060 Fax: +91 80 30461003
www.manipalk12education.com | www.edurite.com | eduritetutorials.com
7. DISPUTES

Any disputes between yourself and the company concerning with or relating to or arising out of this contract shall be
governed by the laws of India subject to Jurisdiction of and be determined by a Court of competent jurisdiction in
Bangalore only.

8. OTHER EMPLOYMENT

During the period of your employment you will not work directly or indirectly for any other person, firm, company or
organisation whether with or without remuneration. Also you are not to interest yourself in any business or do any
trading on your own account.

9. EXAMS AND COURSES

In case you intend to appear in some examinations or wish to attend some classes while working with Manipal K - 12
Education (P) Ltd, you are required to obtain written permission for the same giving full details including the time frame
involved.

10. MEDICAL FITNESS

During the period of your employment, the Management shall have the power to require you to get yourself examined
medically. You are required to maintain medical/physical/mental fitness and ensure regular medical check-ups. Any
negligence on your part in maintaining good health may render you medically unfit for the service. In such case your
services are liable for termination, not withstanding any other conditions mentioned in this letter or otherwise.

11. GENERAL
Your responsibility during the course of employment shall be defined by the Branch Head / Regional Manager
 During the course of your employment you will employ yourself efficiently, honestly, faithfully, and devote your
whole time attention and ability to the interest of the company.
 You are to obey and comply with all the lawful orders and directions given to you by the concerned superiors in the
company.
 You should not indulge in any act or omission which is likely to harm the reputation of the company or affect
prejudicially the reputation of the company. You should on no account place yourself in a position where your
interests conflict with your duties under the management.
 It is also your duty to bring to the notice of the Management any act or omission of any other employee who affects
the organisation prejudicially, immediately it comes to your notice.
 In case your termination or resignation, you should hand over charge to any official designated in this behalf and
obtain a clearance certificate from him and your accounts can be settled only on production of such a certificate.
 You are expected to deal with company’s money, material and documents with utmost honesty and professional
ethics. Your service may be dispensed with any time without any previous notice if you are found guilty of gross
indiscipline, fraud, misappropriation or acting against the interest of the company
 This offer is made on the basis of the particulars submitted by you. You shall inform the Company in writing of any
changes in such particulars, promptly and in any case within 15 days of such change. If at any time it emerges that
such particulars were false or incorrect or that any material or relevant information had been suppressed or
concealed or exaggerated, this offer and your employment pursuant hereto will be considered ineffective and
irregular and will be liable to be terminated by the Company without notice or salary in lieu of notice. This shall be
without prejudice to the right of the Company to take disciplinary action or initiate appropriate proceedings against
you. The Company will be entitled to conduct such background checks upon you as it may deem fit and you hereby
expressly grant the Company the permission to do so and waive and all rights under applicable law in this regard.

Manipal K - 12 Education (P) Ltd.


No. 10, Ashwini Layout, Intermediate Ring Road, Ejipura, Koramangala, Bangalore - 47,
Ph: +91 80 30461060 Fax: +91 80 30461003
www.manipalk12education.com | www.edurite.com | eduritetutorials.com
12. CONFIDENTIALITY

You should not give anyone by word of mouth, writing, and facsimile or by another form, any particulars or details
which you acquire during the course of your employment or our working systems, technical know-how, security
arrangements, administrative and or organizational matters of our and our clients whether confidential, secret or
otherwise, either during your employment with the Company or afterwards. In the event that you are in possession of any
confidential information during the course of employment with us, you are to return it to the company on the event of
your termination.

13. COMPETETION

You should not involve yourself, directly or indirectly, in the similar business in which the company is engaged with, for
six months after leaving the company with out the prior permission of the company. Breach on your part of any of the
above conditions will entail termination of your employment without notice. The terms and conditions of your service
contract mentioned herewith or are intimated hereafters are to be treated as strictly confidential.

14. In any portion of this letter is held to be invalid it will not invalidate any other portion of this letter.

In token of your agreement to the terms and conditions stipulated above you are requested to confirm the acceptance of
the offer through email by 1st October 2010 failing which this offer will automatically stand withdrawn, without any
further obligation on our side.

Yours faithfully,

for Manipal K – 12 Education (P) Ltd.


(Formerly Known as Edurite Technologies Pvt Ltd.)

Murlidhar Nambiar
Head - HR
Date: 29th September 2010

I, Alok Shukla, have read the above contents and understood thoroughly the terms of my contract of employment and I do
hereby agree with all terms as above and I shall abide by all general rules of service which are now or may hereafter to be in
force and accordingly accept my contract of employment with you.

EMPLOYEE’S SIGNATURE IN FULL


Date: 29th September 2010

Manipal K - 12 Education (P) Ltd.


No. 10, Ashwini Layout, Intermediate Ring Road, Ejipura, Koramangala, Bangalore - 47,
Ph: +91 80 30461060 Fax: +91 80 30461003
www.manipalk12education.com | www.edurite.com | eduritetutorials.com
E-MAIL EMPLOYEE ACKNOWLEDMENT FORM

I understand
 That all electronic communication systems and all information transmitted by, received from, or stored in theses
systems are the property of Manipal K -12 Education (P) Ltd.
 That these systems are to be used primarily for job-related purposes and that I have no expectation of privacy in
connection with the use of this equipment or with the transmission, receipt, or storage of information of this
equipment.
 That my supervisors will have the option to monitor my work through Remote Admin Tools.
 No installation of chat facility nor chatting will be permitted from my equipment.
 I also understand that following acts/omissions are prohibited by Indian IT Act 2000 in respect of internet usage:
 Tampering with computer source code.
 Hacking/ Cracking and installation/use of unauthorized software.
 Publishing, storing or transmitting information (including unanimous emails) which is obscene in electronic
form.
 Unauthorized access into any computer or computer system for downloading any data or information.
 Causing damage to any computer or computer system, data or database.
 Introduction of virus or computer contaminant into any computer or computer network.
 Disrupting any computer or computer network.
 Prohibiting any assistance to any person to facilitate any access to any computer or computer system in
contravention of any provisions under any law in the country.

I, Alok Shukla, acknowledge and consent to Manipal K- 12 Education (P) Ltd monitoring my use of this equipment at any
time at its discretion. Such monitoring may include printing up and reading all e-mail entering, leaving or stored in theses
systems.

Name of the Employee: Alok Shukla,

Signature:

Date:

Manipal K - 12 Education (P) Ltd.


No. 10, Ashwini Layout, Intermediate Ring Road, Ejipura, Koramangala, Bangalore - 47,
Ph: +91 80 30461060 Fax: +91 80 30461003
www.manipalk12education.com | www.edurite.com | eduritetutorials.com
Annexure – I: Provisional Salary Break-up

Name: Mr. Alok Shukla


Designation: Area Manager

FIXED PAY
Annual Monthly

CTC Annual 276,250.00 23,021.00

Basic 82,875.00 6,906.00

HRA 33,150.00 2,762.50

Performance Allowance 6,906.25 576.00

CO contribution of PF 9,360.00 780.00

Health Insurance 2,000.00 167.00

Conveyance 9,600.00 800.00

Other Allowance 132,358.75 11,030.00

Total 276,250.00 23,021.00


Deductions
PF

--- Self 9,360.00 780.00

---Company 9,360.00 780.00


---ESI - -

Professional Tax 2,400.00 200.00

21,120.00 1,760.00
Net take home without IT
deduction 255,130.00 21,261.00

VARIABLE PAY
Annual Monthly

48,750.00 4,062.50

Gross Annual CTC 325,000.00

Manipal K - 12 Education (P) Ltd.


No. 10, Ashwini Layout, Intermediate Ring Road, Ejipura, Koramangala, Bangalore - 47,
Ph: +91 80 30461060 Fax: +91 80 30461003
www.manipalk12education.com | www.edurite.com | eduritetutorials.com

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