Date: June 08, 2019

Navneet Nigam

RE: ​LETTER OF APPOINTMENT

Dear ​Mr​. ​Navneet​,

On behalf of ​Saraswati Digital Pvt. Ltd​., it is my pleasure to confirm our offer of employment to you as an ​“Senior Business
Development Executive”​. We extend this offer, and the opportunity it represents, with great confidence in your abilities. You made a
very favorable impression with everyone you met and we are excited with the prospect of your joining our company.

We are pleased to appoint you on the following terms & conditions:

Your effective ​Date of Joining​ will be​ ​June 18, 2019​.

Your Initial Posting will be at ​Gurgaon, India. However, your services are transferable to any other place or office of the Company
or to any subsidiary or associate company; whether now existing or still to be formed. Such transfer / deputation will be in accordance
with the company’s rules being in force at the time.

This offer of employment is contingent upon the successful completion of your background screening as per the norms of the
organization.

1. Compensation
Please refer to ​Annexure 1​ for the breakup.

2. Reporting Manager
For all purposes, your reporting manager will be “​Shashank Gupta - Business Development Manager​”.

3​. ​Notice Period

Subject to the provisions contained in this offer, services of a confirmed employee are terminable by the employee by serving the
Company notice of 60 days ensuring the deliverables or gross salary in lieu of. During probation period, services are terminable by the
employee by giving the Company notice of 30 days.
No notice of resignation will be effective if given during a period of leave of absence from the Company and you will also not be
eligible for leave during the notice period. Employees resigning in first month will not be liable for severance pay/ compensation and
will be considered as absconding. If the Employee does not serve the entire Notice Period (unless explicitly agreed with the Company)
or fails to discharge his/her duties in the expected manner as per the opinion of the Company, then the Company reserves the right to
adjust/withhold his/her Compensation, experience letter or take any other action as it deems suitable in this regard.

4​. ​Probation
You will be under 3 months probation starting from the Date of Appointment.
The company may in its sole discretion extend the employee’s probation period based on the employee’s performance, conduct and/or
other factors as the company may deem fit. The employee’s probation period shall be considered to be completed on confirmation of
employee’s services by the company in writing by a Letter of Confirmation.
5. Health Clause
You acknowledge that you are healthy (physically and mentally) and you can ​devote your whole time and attention to the Company’s
business entrusted to you.

6. Confidentiality
Your individual remuneration is purely a matter between yourself and the company and has been arrived on the basis of your job,
skills specific background and professional merit. We expect you to maintain this information and any changes made therein from
time to time as personal and confidential.
You shall, during your service with us, devote your whole time and attention to the Company’s business entrusted to you and you shall
not engage yourself directly or indirectly in any business or service other than the Company’s business and service.
Information pertaining to the Company’s operations shall remain secret and safeguarded by you. On joining the Company, a formal
agreement to effect non-disclosure of confidential information and intellectual property etc., shall be executed by you. You will also
keep us duly informed if you are bound by any confidentiality agreement with your previous employers, in which case you shall keep
us indemnified against any breach thereof by you.
You agree not to disclose or disseminate proprietary or confidential Company and client information and/ Company Trade Secrets etc.
that you would access under your course of employment or otherwise knowledge of which you gain with your own senses or any
information about which you have residual knowledge;

7. Non Compete & Non Solicit

You​ ​agree and undertake that You shall not for a period of one year from the termination of your services voluntary or involuntary,
carry on or engage in, directly or indirectly, as an employee, joint venture partner, collaborator, partner or a shareholder (other than as
a shareholder of less than 2% of the issued and paid up share capital of a listed company), consultant or agent or in any other manner
whatsoever, whether for profit or otherwise, any business which competes with the whole or any part of the Company’s business or an
ex-employee of the Company (currently holding a managerial position).

You agree and undertake that You shall not for a period of one year from the termination of your services voluntary or involuntary,
directly or indirectly,

a. solicit, entice, or assist any person to solicit or entice away business from any current or potential customer/client of the Company
or any firm, association, corporation, or other entity, which You ​are or was in contact with or otherwise will deal or dealt with on
behalf of the Company;
b. attempt to persuade any person, firm, or entity, which is a current or potential customer/client, vendor, dealer, or business associate
of the Company to cease doing business or to reduce the amount of business which any such parties has customarily done or might
propose to do with the Company; and/or
c. employ, solicit, incite, canvass, or attempt to employ or assist any third party to employ any person who is in the employment of the
Company, or solicit, incite or in any other way encourage other employees of the Company to terminate their respective contracts of
employment with the Company.

8. Unauthorised Disclosure of Information

If it appears that You have disclosed (or has threatened to disclose) Information in violation of this Agreement, or there is a
suspicion as to the same, Saraswati Digital Pvt Ltd (operating with brand name edwisor.com or any others) with the intention to
harm the business of the company or its reputation, then the company shall be entitled to avail all legal and other lawful resources
available to it, including but not limited to, injunctive and/or other remedial measures at its sole discretion to restrain You from
disclosing, in whole or in part, such information, or from providing any service to any party to whom such information has been
disclosed or may be disclosed. Saraswati Digital Pvt Ltd (operating with brand name edwisor.com or any other brands) shall not be
prohibited by this provision from pursuing other remedies, including a claim for losses and damages.
9. Indemnity
Employee shall indemnify and keep indemnified the Company, its directors, officers, agents, advisors and/or employees against all
costs, losses, fines, penalties, damages and/or other legal, financial or other liabilities of any kind whatsoever which may arise due
to any deeds, acts or omissions of the Employee which are in breach of this agreement or otherwise unlawful, illegal or otherwise in
contravention to applicable rules and laws.

10. Office Hours

The scheduled hours of work for this position are: 10:00 a.m. to 7:00 p.m., Monday to Saturday and such other hours or days as may
be reasonably required to complete your business duties. The days off shall be allocated/ announced as per company policy on joining.

11. Termination
Any act of dishonesty, disobedience, indiscipline, insubordination, incivility, intemperance, irregularity in attendance, uninformed
absence and/ or unapproved leaves, non-performance, under performance, under performance/ non performance during or post issue
of PIP (Performance Improvement Plan/ Notice), theft, undisclosed medical issues/ prolonged illness leading to non-performance, or
other misconduct or neglect of duty, and/or incompetence in the discharge of duty on your part or the breach of any of the terms,
conditions and stipulations contained herein will render you liable to termination of your employment with immediate effect by the
Company in writing by Letter of Termination, with or without severance pay basis the severity of breach of terms.

You shall inform the company of any change in your personal details within 3 working days.

By signing below, you acknowledge that you have complete understanding of the agreement and you affirm your commitment to the
Company for minimum of 6 months, ensuring high productivity. You confirm that you are not bound by any agreement with any
previous employer or any party, which restricts in any way your prospective employment by Company (for example, any non-compete
or non-competition agreement, non-disclosure or confidentiality agreement, non-solicitation agreement, etc.). You represent that your
employment with the Company and the performance of your proposed duties for Company will not violate any obligations you have
to such previous employer or other party.

In case any information furnished by you, either in your application for employment or during the selection process is found to be
incorrect/false, and /or if it is found that you have suppressed any material information in respect of your qualifications and past
experience, the Company reserves the right to terminate your services at any time without notice or compensation in lieu of notice.

It is our hope that your acceptance of our offer will be just the beginning of a mutually beneficial relationship with our
organization.

We take great pleasure in welcoming you to our organization and sincerely hope that ​your period of service with us will be long,
pleasant and of mutual benefit.

Sincerely,

For, Saraswati Digital Pvt.Ltd. Employee’s Signature

______________________________ _____________________________
Anchal Bansal ​ Navneet Nigam
Human Resource

Annexure I
SALARY COMPONENTS AMOUNT P.A. (IN INR) AMOUNT P.​M​. (IN INR)
Basic ₹134,400.00 ₹11,200
HRA ₹67,200.00 ₹5,600
Conveyance ₹19,200.00 ₹1,600
Medical Allowance ₹15,000.00 ₹1,250
Mobile Reimbursement ₹3,000.00 ₹250
Special Allowance ₹97,200.00 ₹8,100
Gross Fixed Earnings ₹336,000.00 ₹28,000
Gross Variable Earnings ₹70,000.00 Performance based disbursed monthly as incentives

CTC ₹4,06,000*
- TDS as applicable

The company reserves the right to alter / modify / restructure your compensation without adversely affecting the annual gross salary
stated above.

1) All entitlements given below are applicable after you have joined Saraswati Digital Pvt. Ltd. The entitlements are subject to any
company policies / procedures / guidelines that may be issued / modified from time to time. All perquisites and benefits including
reimbursements, are subject to Income Tax provisions, which may be applicable, including taxation on perquisite value.

2) The Company, at any time, reserves the right to review and restructure its Compensation Package. The above compensation
structure is governed by the provisions of the Indian Income Tax Act and Rules as applicable for each relevant financial year.

All other terms and conditions of your employment shall be governed by company rules and policies.

OFFER ACCEPTANCE

I, Navneet Nigam​, have read and understood this offer and have signed this document as a confirmation of my acceptance it in its
entirety.

____________________________________
Navneet Nigam