Ref: LTTS/HR/ET/2021/Mysore/25177 Date: 01/11/2021

Manish Anil Sakpal

shivshakti nagar, near gupta kirana, behind sai krupa hotel, Kalyan(E), 421306, shivshakti nagar,
near gupta kirana, behind sai krupa hotel, Kalyan(E), 421306
Maharashtra - 421306

Dear Manish Anil Sakpal,

APPOINTMENT AS ASSOCIATE ENGINEER (TRAINEE)

“Congratulations! With reference to the interview you had with us, we have great pleasure in appointing
you as an Associate Engineer (Trainee) with L&T Technology Services Limited (referred as ‘Company’
henceforth) on the following terms and conditions:”

1. Medical Fitness and Academic Requirement:

The offer is valid subject to you –

a) Being found medically fit by the Company's authorized Doctor;

b) Scoring minimum aggregate marks of 60% and above in 10th, 12th, Diploma (if applicable), 60%
and above in Graduation and successfully completing final year degree examination in the first
attempt.

2. Period of Training

The Period of training will be for up to 15 months from the date of initial commencement of training.

The training commences on Nov 9, 2021 and it is essential that you join on this date. please report to
Ms. Jyothsna Biddanda (Human Resources – Employee Relations & Compliance) at the following
address:

L&T Technology Services Limited, KIADB Industrial Area, Hebbal, Hootagalli, Mysuru Karnataka
570018

Your exact department / location of posting will be decided solely by the Company after the initial
Orientation Programme (Genesis). You may be placed at any Location/ including project sites /
Department, Function, or Offices of the Company and /or its Associate / Subsidiary Companies.

After accepting our offer, if you do not report on the date of joining, this letter of appointment stands
automatically withdrawn. However, the Company reserves its right to change the date of joining at any
time.

The Company may, at its discretion, extend the period of training by such other period/s as it may deem
fit based on the evaluation of your learning at any time during the said period. You may also note that
the training period will not be reckoned as `Service'.

3. Signing of a Training cum Service Agreement

You will be required to execute a Training cum Service Agreement to serve the Company for the period
as determined by the Management.

4. Absorption

On successful completion of your training to the satisfaction of the Company, of which the Company
shall be the sole judge, you will be placed in the Executive Cadre or an equivalent grade in any of the

Page 1 of 8
Ref: LTTS/HR/ET/2021/Mysore/25177 Date: 01/11/2021

Departments / Offices of the Company. You will be treated as confirmed employee only when your
services are confirmed in writing by the Company.

5. Salary

The remuneration comprising of Base Pay, Bonus and other elements, is subject to an annual review
as may be decided by the Management Policy based on performance of individuals, team and
company. Bonus Compensation 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.

6. Provident Fund

You will be enrolled as a member of the Regional Provident Fund Organization from the day of your
joining the Company.

7. Leave

You will be eligible for ‘Leaves’ as per the existing Leave Policy of the Company and as amended from
time to time.

8. Working Hours

You will observe the working hours and holidays normally observed by the Department / Location you
are assigned to. This may include working hours and holidays observed by the client.

9. Conduct

During your training, you will carry out all directions and instructions issued to you by the Company,
its officers and representatives. You will have to carry out your duties and obligations diligently and
faithfully. The course and manner of your training will be decided solely by the Company at its
discretion, and you may be required to work, as part of your training, in any other Location/ including
project sites / Department, Function, or Offices of the Company. In such case you will be governed by
the terms and conditions of service applicable to the new assignment.

You shall not at any time engage in or be concerned with or be interested, directly or indirectly, in any
business, work or activity other than that of the Company or commit any act prejudicial to the interests
of the Company and/or its business.

You shall abide by the internal regulations specified in the Company’s ‘Code of Conduct’ which
includes policies such as Confidentiality policy, Gift policy, Insider Trading and Policy on Prevention of
Sexual Harassment and any future amendments and /or other policies which may become applicable
from time to time. Any violation /breach of the above, shall call for consequence management, which
may include as disciplinary action for those found guilty of such misdemeanors and may result in your
services being terminated, without any notice, notwithstanding any other terms and conditions
stipulated in this Offer letter.

Any invention or discovery made by you during the course of your training as ET / employment with
the Company shall become the property of the Company and you shall forthwith execute such
documents including assignment agreements as provided under applicable law for transfer of title to
the Company to enable the Company to register the same as Company owned intellectual property
and you shall not raise nor have any claim in respect thereof.

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
Ref: LTTS/HR/ET/2021/Mysore/25177 Date: 01/11/2021

10. Termination of Appointment

a) The Company may at its discretion give 30 days’ notice, or an amount equivalent to stipend and
allowances in lieu thereof and terminate this Appointment of training. You may terminate this
Appointment by giving 30 days’ notice in writing together with concurrent payment of the amount
of liquidated damages to the Company as provided in your “Service Agreement”. In the event of
your giving a shorter notice, the Company shall have the discretion to adjust any leave due to you
or will recover from you such amount from your dues towards the shortfall in notice period. In any
event you will be required to complete the handing over process as may be reasonably required by
the Company.

b) The Company shall have the right to terminate this Appointment forthwith without any notice in the
event of any of the following:
i. Breach of any of the conditions of this Appointment;
ii. Any misconduct on your part;
iii. Failure to carry out any of your duties and obligations.
iv. Unauthorized absence from or abstaining from attendance during training period.
v. If in the sole discretion of the Company, your continued association is / will be detrimental
to the interests of the Company.

Provided further that, in the event of termination under Clause 10b, the trainee shall not be entitled to
payment of any stipend, benefits or allowances except the statutory dues under applicable law.

11. Upon the determination of this Appointment of training for any of the reasons specified hereinabove in
Clause 10 you shall be forthwith liable for performance of your obligations under the provisions of the
“Training cum Service Agreement” furnished by you to the Company and the Company shall be entitled to
forthwith enforce its rights there under at its discretion, without prejudice to any other rights that may be
available to the Company.

12. Confidentiality of Contract

a. You are required to treat, as `strictly confidential' the affairs of the Company and its customers, of
which you may be cognizant. The confidentiality must be maintained particularly about drawings,
quotations, specifications and other manufacturing information, which you may have access to.
b. You will treat the terms of this Appointment as confidential.

13. Disputes & Arbitration

Any dispute or difference or claim arising in connection with this Appointment shall be resolved by
reference to arbitration by a sole arbitrator appointed by L&T Technology Service at its sole discretion.
The arbitration proceedings shall be governed by the Arbitration & Conciliation Act, 1996. The
language of arbitration shall be English. Each of L&T Technology Services or the Trainee / Employee
shall be respectively entitled to approach the Court of competent jurisdiction for such interim reliefs as
the Company or the Trainee / Employee may in its discretion deem fit. The venue 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.

14. Joining
On the date of joining please bring following documents in Original for verification along with two sets
of attested copies [from a to i] of all the documents.

a) Proof of age - either S.S.C. Certificate or School Leaving Certificate (Please note that no document
other than the above will be acceptable for verification of Date of Birth)
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
Ref: LTTS/HR/ET/2021/Mysore/25177 Date: 01/11/2021

b) S.S.C & H.S.C or equivalent examination marks-sheets.

c) Mark sheets of all the semesters / years of Diploma in Engineering. (This is applicable to those who
have done their Engineering Degree after passing Diploma examinations)
d) Mark sheets of all the examinations appeared (separately for each semester) 1st semester
onwards, of Degree in Engineering
In case you are unable to produce marksheet pertaining to your final year engineering degree
course, you will have to give a written declaration to produce the same within one month of your
joining date failing which your training is liable to be terminated.

e) Training cum Service Agreement and Guarantee documents along with address proof of
guarantors duly completed in accordance with the instructions provided in the instruction sheet.
f) A Self-certified copy of your Aadhar Card.
g) Four copies of your recent color photograph in passport size with Background in
red color and two copies in stamp size.
h) A Self-certified copy of your PAN Card
i) Name of your Bank, IFSC Code, bank Account Number where your stipend & allowances have to
be credited. Please provide a cancelled cheque leaf of your bank in support of this.

You will not be permitted to join if you fail to complete any of the other requirements specified above.

15. All communications / notices should be addressed to:

L&T - Technology Services Ltd.,
SEZ Unit II, Hazel-Block L3,
Ground Floor, Manyata Embassy Business Park,
Nagawara, Bangalore 560045

16. Acceptance Letter

If this offer is acceptable to you, please sign and return to us immediately the duplicate copy of this
letter in token of your acceptance of the terms and conditions. In case your acceptance is not received
within 30 days from the date of issue of this letter, the letter of appointment will automatically stand
withdrawn.

You will keep us informed of your local / contact address & Email ID whenever there is any change.

We welcome you to our company and look forward to a long and fruitful association with you.

Yours faithfully,
For L&T Technology Services.,

Prakash Krishnamoorthy
Head - Leadership & Campus Hiring

I have read, understood and accept the terms and conditions herein and affix my signature hereunder in
confirmation of acceptance of my appointment.

__________________
(SIGNATURE & DATE)
Manish Anil Sakpal
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
Ref: LTTS/HR/ET/2021/Mysore/25177 Date: 01/11/2021

ANNEXURE

Name : Manish Anil Sakpal Designation : Associate Engineer(Trainee)

Grade : LTTS-2

MONTHLY ANNUAL
Salary Components
(INR) (INR)

Basic Salary 15,500 1,86,000

Flexible Benefit Plan (FBP) 14,975 1,79,700

Allowances & Reimbursements under FBP

- House Rent Allowance

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

Gross ==> 30,475 3,65,700

Provident fund (@ 12% of basic salary) 1,860 22,320

Total fixed compensation ==> 3,88,020

Bonus 12,000

Total compensation ==> 4,00,020

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
Ref: LTTS/HR/ET/2021/Mysore/25177 Date: 01/11/2021

Flexible Benefit Plan for LTTS-2

Under the Company’s Flexible Benefit Plan (FBP), you are eligible for the following allowances and
reimbursements:

Components Explanation Eligibility

FBP is a menu of allowances and reimbursements available to an employee within
Flexible Benefit her /
his Total Compensation. Employees may choose the components as per their
Plan (FBP) requirements
and manage their taxes within the ambit of prevailing Income tax rules.
House Rent Employee can claim HRA as a %age of the Basic Salary. Min HRA – 10% of
Allowance (HRA) Subject to the production of original rent receipts and Basic
fulfilment of other terms & conditions as per the prevailing Max HRA – 40% or
Income Tax rules, employees can claim tax exemption in 50% of Basic as per
case the
they stay on a rental accommodation. city of residence

Employees can opt for a Meal Card. An Amount of INR

Meal Card 2,200 Meal Card Amount
per month will be allocated from your FBP eligibility and INR 2,200 p.m.
credited to your Meal Card. Employee to choose
Employees have a choice not to opt for Meal Card. In that either ‘Yes’ or ‘No’
case, no allocation from your FBP eligibility will be made to
the Meal Card.
Employees can opt for Children Education Allowance up to
Children a INR 100 per child p.m.
maximum of 2 children from their FBP eligibility and the
Education same Self-Allocated by
Allowance will be tax-exempt as per prevailing Income Tax rules. employee
Employees can opt for Mobile Phone Expenses
Mobile Expenses reimbursement Max INR 2,000 p.m.
Reimbursement from their FBP eligibility, subject to the maximum amount
eligible for their grade. Actual expenses incurred on official Employee to choose
calls will be tax-exempt as per prevailing Income Tax rules any amount up to INR
subject to production of bills. 2,000

Leave Travel LTA is tax-exempt twice in a block of 4 years subject to the Max – INR 4,000 p.m.
prevailing Income Tax rules. The current block being 2018
Assistance (LTA) -
2021. Employee to choose
Employees can opt for LTA from their FBP eligibility subject any amount from ‘0’to
to a maximum amount eligible as per their grade. Actual tax INR 4,000
exemption will be provided based on actual expenses
incurred
on production of bills/tickets and within the overall purview
of
Income Tax rules.
FBP Balance The unallocated FBP portion will be disbursed on a monthly Automatically Paid
basis as ‘FBP Balance’ and will be fully taxable.
Any allocated component as above, but unclaimed at the
year-
end will be paid as ‘Unclaimed FBP’ component and will be
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
Ref: LTTS/HR/ET/2021/Mysore/25177 Date: 01/11/2021

fully taxable.

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
Ref: LTTS/HR/ET/2021/Mysore/25177 Date: 01/11/2021

Notes:

1. Bonus – You will be eligible for Bonus based on the Company Performance for the
respective financial year. This amount is inclusive of bonus payable, if any, under the
Payment of Bonus Act (1965), including any amendments thereto. The actual amount of
Bonus Payable will also depend upon the period served by you in the financial year.
Employees who are active and on the rolls of the Organization as on 31st March of the
respective financial year will be eligible for Bonus. However, this clause is applicable to
employees who have joined on or before 1st October of the respective financial year.

2. Hospitalization Insurance and Group Personal Accident Insurance - You will be covered
under the Company’s Hospitalization Insurance and Group Personal Accident Insurance
Policy as per the applicable terms and conditions.

3. Group Term Life Insurance – You have an option to cover yourself under the Company’s
Group Term Life Insurance Policy by paying a nominal premium. The terms and conditions
for Group Term Life Insurance will be as per the Group Term Life Insurance Policy of the
Company and in case of death of an employee, the proceeds of the Term Insurance are paid
to the family member of the employee.

4. Only Basic Salary shall attract retiral benefits.

5. The eligibility for payment of Gratuity is a minimum of 5 years of continuous service in the
Company.

6. Tax Liability, if any, on the above payments will be borne by the employee.

Any or all of the above allowances may be altered / withdrawn at the sole discretion of the management
and the payment of allowance will be governed by the rules and regulations of the company as may be
applicable from time to time.

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