IK4091

PRIVATE AND CONFIDENTIAL

Date: 21-Jan-2023

OFFER LETTER

Dear. Prashant Singh Tomar,

Subsequent to your meetings with us at Go Digit General Insurance Limited, we are pleased to make an offer of employment on
the following terms and conditions:

1.1 You shall be appointed to the position of Consultant - Customer Happiness and will be located at Pune.

1.2 As an employee of the Organisation, your Gross Annual Compensation (Cost to Company) will be Rs. 3,40,000.00/- (Three
Lakhs Forty Thousand Only). Detailed CTC breakup is enclosed with this letter.

1.3 Your Gross Annual Compensation will include a performance-linked variable of 0.15% subject to achievement of pre-defined
targets.

1.4 You shall be required to work for 6 days a week in shifts and on rotation basis. The shift timing can be as per the roaster
assigned by the Company between 12:00 am to 11:59pm. The shift will be of 9 hours including a one-hour lunch. You shall be
entitled for 1 day rotational weekly off, which may or may not be a Saturday or Sunday and would depend on the work schedule
assigned to you by the Company. You may be required to work overtime occasionally (including on weekly off), depending on the
work exigency.

1.5 Your employment shall be governed by the terms and conditions of your Appointment letter and Company’s code of
Conduct, which shall be considered as final and binding.

1.6 Your employment with the Company is subject to:

(a) The accuracy of the testimonials and information provided by you; and,
(b) Your acceptance of this offer with a return receipt within 5 working days
(c) Successful verification of all documents submitted by you and your background verification by the Company.
(d) You are clearing an exam/certification that the Company arranges.

1.7 Probation: On acceptance of this offer, your appointment shall be provisional and you shall be on probation. Your services
shall be confirmed basis the completion of the following conditions: ;
(a) Completion of a special certification training course, post which you are required to attend written and oral exams.
Confirmation of your appointment is subject to you attaining a minimum score of 80% or above in the said exams. You will be
given three attempts to clear this exam. Failure to clear this exam will lead to you being relieved from the services and ending
your Contract of Employment with immediate effect.
(b) Completion of six months of service

At the end of probation period you shall be deemed to be confirmed in Company’s Service, unless the Company specifically
informs you in writing otherwise.

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1.8 Termination of services:
1.8.1 During Probation period: At any time during the probation, the contract may be terminated by either party by giving 15
days’ notice in writing.

1.8.2 On confirmation of services: In the event of confirmation of services, the contract may be terminated by either party by
giving 30 days’ notice in writing, The termination shall take effect at the end of such notice period. Go Digit General Insurance
Limited reserves the right to payment of salary in lieu of the notice period. However, in the event the termination with notice is
at the instance of the employee, then the Company may, at its sole discretion, relieve the employee on any date during the
notice period by waiving notice period, in full or part, with or without payment of notice pay.

1.9 Any termination of employment happening after fulfilment of conditions mentioned in Clause 1.6 above, shall be governed
by the “Termination clause” as stipulated in your appointment letter.

On the day of your joining (27-Jan-2023) kindly bring photocopies of your certificates (all education qualifications, address proof,
Pan card copy, ID proof, all previous employers’ certificates, Form 16, Last employer’s salary slip of last 3 months, relieving
Letter from last employer), along with four passport size photographs.

You agree and authorise the Company to obtain investigative employment verification report(s) either by itself or through the
Company engaged third party service provider(s) in connection with your employment. You also agree and consent to give an
authorization in writing in this regard, in the format prescribed by the Company.

As a token of your acceptance of our offer and the terms of this letter, please sign in the space provided below and return the
same to us.

We are excited at the prospect of having you join us and look forward to a rewarding association

Sincerely,
For Go Digit General Insurance Limited

Amrit Jaidka Arora

Head – Human Resources

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 Annexure A
Compensation Entitlement Sheet

Pay Component Monthly Amount Annual Amount

Fixed

Fixed 21876 262535

Basic Salary 8429 101150

HRA 3371 40460

Education Allowance 200 2400

LTA 702 8425

Statutory Bonus 702 8425

Special Allowance 8472 101675

Employer Contribution 2205 26465

Gratuity 405 4865

EPF 1800 21600

Total Fixed 24081 289000

Variable

Variable 4250 51000

Variable Pay 4250 51000

Total Variable 4250 51000

Total CTC 28331 340000

• TDS deduction is subject to taxable income

•• Variable Pay will be paid on monthly basis if eligible and can go upto 200% basis performance and this will lead to change in
net pay as well.
••• Increment is done after the end of a Financial Year. Eligibility for increment shall be depending upon the performance of the
employee and as per company policies. Employee who has resigned or is serving his/her notice period will not be eligible for
increment.

Sincerely,
For Go Digit General Insurance Limited

Amrit Jaidka Arora

Head – Human Resources

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