Date: April 30th 2012 Name : Devanshu Kashyap UID : CHG Location: Noida Subject: Performance Review for

2011-2012. Dear Devanshu. We are happy to inform you that, on the basis of performance review and appraisal for the year 2011-2012, your current emoluments have been revised as per details below. Your increment is Rs. 1350/- per month w.e.f 1-April-2012. Calculating on the basis of your joining the organization, your net increment amount is Rs. 1069/per month on pro rata basis. I he incremental amount of Rs. 1069/- per month is being clubbed with your current salary w.e.f.1April-2012. Your annual CTC is Rs. 76668/- per annum, w.e.f 1-April 2012. All other terms and conditions of your employment remain unchanged. Please sign the duplicate copy of this letter as a token of your acceptance. With best wishes for a successful career with Altivolus. Sincerely,

For Altivolus Infotech Pvt. Ltd.

Authorized Signatory

B - 37, Sector -1, Noida - 201301 Tel.: 91 120 4014445, Fax: 91 120 4014512

24th November 2011 Pushker Dwivedi Flat No. 13, Type 3, NIST, Dwarika, Sector 3, New Delhi Dear Pushker,

AIPL/FR/HRM/62-04

With reference to the discussions you had with us, we are pleased to designate you as DA. You are requested to join us from 24th November 2011. Your appointment shall be subject to the following terms and conditions: 1. 2. This appointment is effective from your actual date of joining. You will be paid a CTC of Rs. 6525/- per month. Your emoluments/salary includes monthly allowances which are as follows: (a) (b) (c) (d) Basic Salary HRA PF& ESI Contribution Gratuity : : : : Rs. 4400 /- p.m. Rs. 1205/-p.m. As stipulated by law As stipulated by law

In addition, you will be entitled to all benefits to your scale and grade, as per company policy, laid down from time to time. 3. You shall be on probation for a period of 6 months from the date of joining the organization. Based on your performance, management may decide to take you on regular rolls of the company after completion of the probation period. Management may at its own discretion extend the probation period. Your appointment will be further subject to the verification of your credentials, testimonials and other particulars mentioned by you in your application, at the time of your appointment. In case it comes to the notice of the management that the particulars given by you in your application were wrong, your appointment shall be deemed to be automatically cancelled irrespective of whether you have joined duty upon your selection. In such a contingency, you shall be liable to be discharged forthwith. Your services during the period of probation can be terminated giving 7 days notice or seven days basic salary in lieu thereof without assigning any reason thereof. Likewise probationer can also terminate his/her employment by giving 7 days notice or serenading his/her seven days basic salary in lieu thereof. After confirmation, both employees as well as employer may terminate the contract of employment by giving 15 days notice period or serenading fifteen days basic salary in lieu thereof. Your resignation shall become effective as soon as the management accepts it. The management can withhold its acceptance in respect of your resignation in case dues are recoverable from you or if you are under suspension and/or disciplinary proceedings are pending or contemplated against you or for any other reasons. After having elected to resign and given the intimation to this effect, you shall be debarred from withdrawing your resignation except with the prior written permission of the management.

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B - 37, Sector -1, Noida - 201301 Tel.: 91 120 4014445, Fax: 91 120 4014512