DocuSign Envelope ID: 9B5AAE30-757C-472D-8C5A-8B76E4A8FF02

Ref: LTTS–Vadodara /HR/475537                                                                                                                      Date: 14/02/2023

Mr.  Arul Abin                                                                                                               

  
Jamshedpur 
Mobile: +91-9629933709

Sub: Fixed Term Contract                

Dear Arul,

This has reference to your application and subsequent interview with L&T TECHNOLOGY SERVICES LIMITED (referred
as “Company” henceforth).

We are pleased to offer you an opportunity on a Fixed Term Contract basis from 23/03/2023 to 22/03/2024.This is
regarding execution of projects and assignments on the following terms and conditions:

1. You are required to join on or before 23/03/2023. If you do not join by this date, this offer stands withdrawn – unless
the Date of Joining is extended and communicated to you in writing. At the time of joining, please report to Ms.Dhruvi
Kandarp Vyas (Human Resources – Employee Relations & Compliance) at the following address:

   L&T Technology Services Limited, L&T Knowledge City IT / ITES SEZ, West Block II, NH. 8, Between Ajwa –
Waghodia Crossing, Vadodara – 390 019 

You are required to bring ORIGINALS of the following documents, with self-attested photocopy (except photographs) of
each at the time of joining.

1. Aadhar Card, PAN Card and Passport.

2. Education certificates including mark sheets.
3. Relieving certificate or Service Certificate from your present employer (without which you will not be allowed to join)
and other experience Certificates.
4. Four copies of your recent passport size photograph (with white background-in formals).
5. Your last Employer’s EPF and EPS numbers & Universal Account Number (UAN).
6. Provisional Form-16 for the current financial year.

Please note that salary payment will not take place until and unless PAN, Bank (salary) account details are registered in our
Shared Services Centre portal. All our reimbursements are through the Bank and hence you are requested to also open an
Employee Reimbursement Account (ERA) after joining.If you intend to accept this offer, please return the duplicate copy of
this letter, duly signed as token of your acceptance, within Seven days from the date of the issue of the letter.     

2. Grade and Salary

During the period of contract, you will be on LTTS – FTC grade. Your total compensation (Cost to the Company) shall be
Rs. 620,000.00/- per annum. The entire remuneration package will be subject to Tax Deductible at Source (TDS), which will
be on your account, subject to standard deductions towards tax and other deductions as per Company policy. All statutory
requirements of tax, including tax deductible at source, Employer Provident Fund, professional tax, etc. will be paid and
complied by the  and all/ any funds/ salary/ remuneration paid to the Employee will be after such appropriate deductions.

The details of your other Allowances are indicated in the Salary Card attached here with in Annexure-A

The remuneration is subject to an annual review as may be decided by the Management Policy based on performance of
individuals, team and company. Any component earned and payable at a future date may be deferred or reduced,
notwithstanding the achievements of the performance metrics, for unforeseen circumstances such as a pandemic like
Covid-19, natural disasters or an act of God, that would adversely affect the business. The Base Pay amount may similarly
be subject to deferment or reduction during the employment term subject to agreement by the Parties.

3. Your appointment is subject to your being found medically fit by the Company Doctor.
 

Registered Office: L&T House, N.M. Marg, Ballard Estate Mumbai - 400001, INDIA                                                                               CIN: L72900MH2012PLC232169 
L&T Technology Services Limited is a subsidiary of Larsen & Toubro Limited
 

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                                                                                                                                              Mr. Arul Abin

4. The Company reserves the right to verify your documents and background through internal or external agencies.
These may include your current/previous employment history, education/professional credentials and other background
checks.If any discrepancy with regard to documentation is discovered after you have joined the Company, you are liable
to be terminated,apart from legal action being initiated against you.

5. Your contract with the Company is subject to your providing documentary proof of your last drawn salary, educational
qualifications and work testimonials if any, and is subject to you being free from any contractual restrictions preventing
you from accepting this offer or starting work on the above-mentioned date.

6. You will be based at our Vadodara location. You will be employed at SEZ/STPI/DTA unit. However, the Company may
relocate/ transfer/ depute you to any of its branches or client’s place as part of their work, within or outside India where
business of the Company or any subsidiary/ branch/ outlet/ unit of the Company is in or may come into existence if the
Company so directs based on the exigencies of work. Upon such relocation/ transfer, you agree to be bound by the rules
and regulations of the respective working place, or otherwise as specified by Company.

7. During the fixed term contractual appointment, you will be eligible for 2 days of for every 21 days worked, which will be
credited every month in arrears in the subsequent month. Un-availed leaves will lapse at the end of FTC period.
Encashment of leaves is not allowed. Leave will be sanctioned at the discretion of the Management, subject to exigency
of work.

8. It must be clearly understood that your appointment is purely on a fixed term contractual basis for the aforesaid period
after which the fixed term contractual appointment shall automatically stand terminated and you will not report for duty
after the mentioned date.  

9. Your services may be terminated prior to completion of the period of fixed term contractual appointment or any
extension (which may be given as per the provisions of paragraph 8 mentioned below) at any time by giving 30 days’
notice or 30 days’ basic pay in lieu of notice period and without assigning any reason . Notice period of 30 days should be
served, if you are willingly withdrawing from the role during your Fixed term contractual appointment.. 

10. The Management at its discretion may extend the period of fixed term contractual appointment by giving a separate
letter of extension for a specific period stated in the letter of extension.

11. You will be responsible for any relevant jobs assigned to you from time to time by your Superior.

12. Non-disclosure of confidential information and trade secret

You shall not, except as authorised, reveal/disclose/disseminate to any person or entity including competitors or persons
involved directly or indirectly in allied trade, any of the trade secrets, secret or confidential information, information
contained in any manuals and/or dealings or any information concerning the businesses, finances, external and internal
transactions of the company and/or its affiliates / associates / group companies including but not limited to all data, all
company contracts, processes, policies, strategies involving marketing, advertising, operations, contractual obligations,
business expansion (“confidential information”) which may come to your knowledge and/or imparted to you by the
company during your employment. You shall hold strict confidence of such confidential information. This restriction shall
survive after termination of employment / retirement / resignation / severance of employment for any reason whatsoever
without limit in point of time. You shall not during the term of your employment or at any time thereafter, use or permit to
be used, any information, notes or memorandum, contracts or processes relating to the business and/or the transactions
of the company and/or its affiliates / associates / group companies which may come to your knowledge and/or possession
by virtue of his employment with the company for any purpose other than for the benefit of the company. You will be
responsible for the safe custody of all the documents, manuals, processes, contacts, kits and other properties belonging
to the company that may by entrusted to and/or placed in your possession by virtue of and/or during the course of your
employment with the company.

Registered Office: L&T House, N.M. Marg, Ballard Estate Mumbai - 400001, INDIA                                                                               CIN: L72900MH2012PLC232169 
L&T Technology Services Limited is a subsidiary of Larsen & Toubro Limited
     

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                                                                                                                                                    Mr. Arul Abin

13. Non-Competition restriction

You shall not engage directly or indirectly in any professional services or employment nor advise, manage, render or
perform services to or for any person or entity during the term of your employment with the company. You agree that the
company’s services are highly specialised. You further agree that the identity and particular needs of the company’s
customers are not generally known in the industry. Documents and other information regarding company’s services,
pricing and cost as well as information pertaining to the company’s customers including but not limited to identity,
location, service requirements and charges to the customer are highly confidential and secret and hence, you shall not for
a period of one year from the termination/ retirement / resignation / severance of your contract of employment for any
reason whatsoever, directly or indirectly engage yourself in any capacity in any professional service or employment which
is engaged in a business competitive to that of the company within the geographical location wherein the company does
its businesses.You are, however free to engage yourself in any profession or employment provided your such future
engagement is not competitive and such engagement is in full compliance of all the terms of your employment specially
the terms related to Non-disclosure of confidential information and trade secret & Non-Solicitation and Non-Poaching to
that of the company.

14. Non-Solicitation and Non-Poaching

You shall not at any time during the term of your employment with the company or thereafter, under any circumstances,
directly or indirectly solicit or attempt to solicit the company’s and/or any of its subsidiaries’ and/or affiliates’ and/or group
companies’ personnel to leave the employment of the company and/or any of its subsidiaries and/or affiliates or apply for
employment with any third party or encourage such personnel of the company. You have further agreed that you shall not
engage in soliciting business or allied business that is in any way similar, identical or competitive with the business, activities,
services of the company, or with those customers of the company with whom you may have had any contact during your
employment with the company and for a period of one year after your employment ceases within the company.

15. Intellectual Property Rights

All intellectual property rights, including but not limited to, patents, copyrights, designs, trademarks, trade secrets,
semiconductor chips etc. developed by you during your tenure with the Company, shall be the sole and exclusive
property of the Company and shall be considered as “work made for hire”. You shall execute/sign such documents to
assign such intellectual property, as and when required by the Company. The Company reserves the right to proceed
legally against you and recover damages, where any such intellectual property is sought to be protected by you
independently of the Company.

16. Restrictive Covenant

     The Company is in the business of providing various services in all areas of engineering. You will acknowledge that:

a. Company’s services are highly specialized.

b. The identity and needs of the Company’s customers are not generally known in the industry.
c. Documents and other information regarding Company’s services, pricing and costs, as well as information
pertaining to Company’s customers, including but not limited to identity, location, service requirements and charges
to the customers are highly confidential and contain trade secrets.
d. You will therefore agree that:

A. During the term of your employment or association with the Company, you will not engage in any other
employment, occupation, consulting or other business activity with any third parties, directly related to the business
in which the Company is now involved or becomes involved during the term of your employment. Furthermore, you
will not engage in any other activities that conflict with your obligations to the Company. or becomes involved during
the term of your employment. Furthermore, you will not engage in any other activities that conflict with your
obligations to the Company.
 

Registered Office: L&T House, N.M. Marg, Ballard Estate Mumbai - 400001, INDIA                                                                      CIN: L72900MH2012PLC232169 
L&T Technology Services Limited is a subsidiary of Larsen & Toubro Limited

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DocuSign Envelope ID: 9B5AAE30-757C-472D-8C5A-8B76E4A8FF02

                                                                                                                                                    Mr. Arul Abin

B. You also agree that you will abide by all terms and conditions of this Offer of Employment and any other terms and
conditions agreed by you in any legal document as and where applicable. You understand that if you violate the above
undertaking, you shall be liable for suitable damages, which will be decided at the discretion of the Company after taking into
consideration the nature and extent of the violation. You acknowledge that Trade Secrets and Confidential Information,
intellectual property rights constitute one of Company’s main strengths and that the Company has legitimate interest in
including a non-competitive clause in the Offer of employment. You also agree that if any of the terms and conditions of this
Offer of employment or any other document is violated or likely to be violated, then the Company shall also be entitled to
move for an order against you before a competent court including without limitation injunction, specific performance. In the
event of the Employee being liable to pay any amounts as mentioned hereinabove, the Company shall have the first charge
over the salary, bonus and other dues to be paid to the Employee from the Company and the Employee hereby agrees and
authorizes the Company to deduct from them, all such amounts payable by him.

17. This being a purely fixed term contractual assignment, you will not have any lien on this job. You will also not have any
right for automatic absorption into the Company or any other associate / affiliate company with which we have business
interests / association, against any post / vacancy, existing or arising during your assignment or thereafter.

18. Your performance will be monitored every quarter during your contractual period and in case of unsatisfactory
performance (of which the Company shall be the sole judge), this contract may be terminated at any time without any notice
or compensation in lieu thereof.

19. In case you leave without completing the contractual obligation, you will be paid proportionate amount based on the
number of days spent on the assignment. If you are away on unauthorized absence on any working day during the period,
proportionate amount will be deducted from your contractual consideration.

20. Your unauthorized absence from work for a continuous period of more than 3 days will be treated as absconding from
duty, and in the event of your not reporting for work within 10 days from the date of absence, the same would be treated as
“voluntary termination of contract” and it shall be understood that you are no longer interested in the contract and have
terminated the contract with the Company on your own accord. In such an event, you shall be liable to refund the salary in lieu
of shortfall in notice period and other dues payable to the company, as specified and/or the Company shall be entitled to
deduct, adjust from your contractual consideration.

21. You shall abide by the internal regulations specified in the company’s ‘Code of Conduct’ which includes among other
policies, Confidentiality policy, Gift policy, Insider Trading and Policy on Sexual Harassment and any amendments and other
policies which may become applicable from time to time. Any violation/breach thereof shall call for consequence
management, which may include disciplinary action for those found guilty of the misdemeanors including termination of
services with immediate effect without any compensation.

22. You will be required to contribute to Provident Fund as per the Employees’ Provident Fund Act read with Scheme and
equivalent amount shall be deposited by the Company in your PF account.

23. Your insurance coverage is as per the Insurance Policy of the Company in practice at the point of time.

24. Training

During your contractual period, you may undergo training based on the business need for which the company will cover the
entire cost. However, you will sign the training cost agreement wherein, you will bear the liquidity damages..

25. Disclosure of Personal Information by the Company

You hereby agree that the Company can share your personal details disclosed by you to the Company as a part of your
employment, with third parties in India and outside India as a part of Company’s contractual, business obligations, in
compliance with data protection laws in India and outside India and you will have no objection towards the same.

Registered Office: L&T House, N.M. Marg, Ballard Estate Mumbai - 400001, INDIA                                                                      CIN: L72900MH2012PLC232169 
L&T Technology Services Limited is a subsidiary of Larsen & Toubro Limited

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                                                                             Mr. Arul Abin

26. Disputes and Arbitration

Any disputes between yourself and the Company concerning or relating to or arising out of this contract shall be subject to the
jurisdiction of and be determined by a court of competent jurisdiction in Greater Mumbai only.
Any dispute or difference or claim arising in connection with this contract shall be resolved by reference to arbitration by a sole
arbitrator appointed by L&T Technology Services (LTTS) at its sole discretion.  The arbitration proceedings shall be governed
by the Arbitration & Conciliation Act, 1996.  The language of arbitration shall be English. LTTS or the concerned employee
shall be respectively entitled to approach the Court of competent jurisdiction for such interim reliefs as the Company or the
Employee may in its discretion deem fit.  The seat of arbitration shall be at Mumbai and the Courts at Mumbai shall have
exclusive jurisdiction. The award of the arbitrator shall be final and binding on the parties.  The governing law shall be the laws
of India.

This Offer of Employment including Annexures hereto together with subsequent Joining NDA, Code of Conduct Policy, Letter
of Undertaking if any, and any other subsequent agreement signed from time to time, constitute the entire agreement between
the parties.

27. Other Matters

1. You will be governed by all rules, regulations and policies of the Company.
2. You are to devote your full time, attention and ability to the interest of the Company.
3. You are not to interest yourself in any business or do any trading on your own account.
4. The above & below terms and conditions may be modified by the Company from time to time in writing depending
upon prevailing circumstances and practice in the industry and in relevance with prevalent laws and regulations.
Such variations shall be binding on you..
5.  You will abide by the laws of India in your dealings with the Company, its stakeholders and society.

This contract Offer of Employment including Annexures hereto together with subsequent Joining NDA, Code of Conduct
Policy, Letter of Undertaking if any, and any other subsequent agreement signed from time to time, constitute the entire
agreement between the parties. .

 28. Please note that it is the responsibility of every employee to familiarize themselves with the provisions of all policies   
 concerning conduct, discipline and behaviours. In case of any concerns or clarification, the HR department may be     
 approached. However, ignorance of the rule will not be accepted as a defense in any case.

In accordance with the standard practice of the Company, we request you to treat the terms of this employment as
confidential.

We look forward to your joining us for a mutually rewarding association

For L&T TECHNOLOGY SERVICES LIMITED

 

            
       
  Senior Manager HR
February 14, 2023

 I have read the terms and conditions and accept the same. I will join on 23/03/2023. Accordingly, my engagement
comes to  an end on 22/03/2024.

Mr.  Arul Abin

           
 

           (Signature & Date)

 
 
              Registered Office: L&T House, N.M. Marg, Ballard Estate Mumbai - 400001, INDIA                                                                      CIN: L72900MH2012PLC232169 
              L&T Technology Services Limited is a subsidiary of Larsen & Toubro Limited

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Salary Card

Arul Abin Date 14/02/2023 

Consultant Stream Delivery

  Grade LTTS-FTC

  Location Vadodara

Monthly Annual
Salary Components
INR INR

Basic salary 25,833.00  310,000.00

Flexible Benefit Plan (FBP) 22,733.00  272,800.00

  -  House Rent allowance

  -  Meal Card
  -  Education Allowance
  -  Mobile Expense
Reimbursement Eligibility under each of these components is mentioned in the FBP
  -  Leave Travel Assistance Sheet
  -  FBP Balance

Gross Monthly 48,567.00 582,800.00 

Retirement Benefits

-   Provident Fund(@12% of Basic)   37,200.00

Total Fixed Compensation   620,000.00

 
 
              Registered Office: L&T House, N.M. Marg, Ballard Estate Mumbai - 400001, INDIA                                                                      CIN: L72900MH2012PLC232169 
              L&T Technology Services Limited is a subsidiary of Larsen & Toubro Limited

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