Thikka Komalatha

Warangal

Dear Thikka Komalatha,

Subject: Offer cum Appointment Letter

We take this opportunity to thank you for exploring an opportunity with Aditya Birla Health
Insurance Company Ltd. (hereafter referred to as “Company”). On basis of our discussions and
understanding we are pleased to appoint you with the Company as "Unit Manager".

The terms and conditions of your appointment are as follows:

1. Your Fixed Pay will be Rs.262000 per annum. Further, you will be entitled to Benefits as
applicable in your grade. The components of your Fixed Pay and details of Benefits are provided in
Annexure ‘A’ and will be governed by Company policies as amended from time to time.

2. In addition to your Fixed Pay above, you will be covered for Sales Incentive Scheme. The
payout will be based on your performance and dependent on the parameters that are defined under
the Sales Incentive Plan as declared by the Company from time to time.

3. You will be governed as per Company’s Sales Progression Plan, as applicable in your grade
and will be communicated to you.

4. Your appointment is subject to you providing all documents and information as set forth
under Annexure ‘B’ to the company.

5. Your date of joining with the Company will be on or before 28/06/2023.

6. Your initial place of work will be Dilsukhnagar. The Company is a part of the Aditya Birla
Group and the organizations in the Aditya Birla Group are affiliates of the Company. The Company
will have the right to transfer/second you, as the case may be, to any function or business group,
any other location within India or overseas, or to its affiliate and subsidiary organizations, at any
time in the future. While on transfer, you will be governed by the rules, regulations and service
conditions of that business and location.

7. On joining, your services will deem to be under probationary review. Your services will be
confirmed on successful completion of Confirmation Goal sheet, as applicable in your grade and
will be communicated to you on your joining. Unless your services are confirmed in writing by the
Company, you will continue to be on probation. Please refer to Annexure C for further details.
Please also note that you may be terminated basis non-performance in your current role as per
norms defined in the Company’s Sales Progression Plan, as applicable in your grade.

8. Your services may be terminated by either party, giving notice in writing for Fifteen (15) days
(during probation period) and Thirty (30) days (post confirmation) or payment of notice pay for the
balance period in lieu thereof. The Company reserves the right not to accept notice pay in lieu of
notice and enforce completion of full or partial notice period. For the purpose of calculation, notice
pay would refer to “Basic Salary” only.

9. The Company reserves the right to terminate your employment immediately without notice, at
any time, in case:

· You are found guilty of misconduct, dishonesty or you fail to observe the Company’s Code of
Conduct, business, disciplinary and ethical code guidelines and policies.

· You are absent from the services for a period of Three (3) days (including overstay of
sanctioned leave/training) without prior intimation and approval. You will then be deemed to have
abandoned employment voluntarily and the provisions of clause 8 above will apply in respect of
the notice payable by you.

10. You will retire from the services of the Company on attaining the superannuation age of Sixty
(60) years or even earlier if you are not found physically and mentally fit. Your date of birth as
recorded at the time of your appointment with the Company will be considered as the
authenticated date for all relevant purposes throughout your employment.

11. Your appointment is subject to being certified medically fit by the Company doctor. If you are
at any time prevented by ill-health, accident or other urgent necessity from attending office or
performing your duties, you shall bring this to the notice of the Management as soon as you
possibly can and furnish the Management with all the information relating thereto as it may
reasonably require. If called upon, you shall submit yourself to an examination by a qualified
registered medical practitioner appointed or agreed to by the Management and you may be
required to produce a certificate of medical fitness before you resume work. Absence from work or
disability in performing your duties beyond the period of sick leave to which you are entitled under
the rules shall be, at the discretion of the Management, without salary.

12. You will be entitled to leaves and other paid holidays as per Company policy subject to prior
approval by your supervisor(s). Accumulation / carry-forward of leave will be governed as per the
existing Company policy on the subject.

13. Whilst employed by the Company:

· You will work exclusively for, and in the interest of the Company. You will not engage yourself
in any other business/profession (part-time or otherwise) without written permission from the
Company.

· You will be required to effectively carry out all duties and responsibilities assigned to you by
your supervisors and others authorized by the Company to assign such duties and responsibilities.

· You will maintain the highest standards of conduct and act with the highest ethical principles.
You must not do anything that may be a conflict of interest with your responsibilities as an
employee. You will be governed under the Company’s Code of Conduct. It is your responsibility to
read and understand it. If you have any questions, please contact your supervisor or Human
Resources representative.

· You may have access to or acquire client information and other business information from the
Company or from its employees, clients or customers that is unique and which cannot be lawfully
duplicated or easily acquired. You understand and agree that you have a continuing obligation not
to use, publish or otherwise disclose either during or after your employment with the Company, any
trade secrets, confidential or proprietary information belonging to, or concerning or referring to the
Company, or any client or customer of the Company. You acknowledge that should you breach this
provision, the Company will suffer immediate and irreparable harm and that money damages will
be inadequate relief. Therefore, you agree that should you breach this provision; the Company will
be entitled to injunctive relief to enforce this paragraph.

· You confirm that there is no litigation /conviction against you before any Court of law which
involves criminal offence or offences involving moral turpitude.

· You confirm that you have disclosed fully all of your business interests, whether or not they
are similar to or in conflict with the business (es) or activities of the Company, and all
circumstances in respect of which there is, or there might be perceived, a conflict of interest
between the Company and you or any immediate relatives. Also, you agree to disclose fully and
immediately to the Company any such interests or circumstances which may arise during your
employment.

· At ABHI we believe strongly in leveraging technology to enhance customer experience &

thereby increasing sales productivity. As a part of our sales process, we have developed sales
tools to achieve the above objective & facilitate you in achievement of your goals. You will need to
pre-own or purchase a tablet for the above purpose. In case you do not pre own the same, the
Company will provide you with a new tablet, the cost of which will be recovered from you through a
process of deduction which will be intimated to you separately.

· In case of cessation of your employment with the company for reason(s) whatsoever, before
the complete deduction of the full recovery amount as mentioned in the above clause, if any
amount is still balance and pending, you shall be liable to pay the balance amount left to be
deducted on the date of cessation. Your will be liable to pay the balance amount to the Company in
case the full & final amount falls short in covering the same.

14. During the period of your employment with the Company and Six (6) months thereafter, you
agree:
· Not to directly or indirectly induce or solicit any person employed or engaged by the Company
or its affiliate companies (whether as an employee, consultant, advisor or in any other manner) to
terminate their contractual relationship with the Company; and become an employee of, or directly
or indirectly offer services in any form or manner to any other company, person or entity.

· To keep the Company indemnified in respect of any loss that may be caused to it as a result of
breach of this covenant by you.

· To refrain from directly or indirectly soliciting any customer to remove its business from or
reduce its business with the Company or its affiliates.

15. In the event of separation from the services of the Company, you will immediately return all
the Company property in your possession to the Company. You will be relieved from services only
after a satisfactory handover of responsibilities, settlement of outstanding dues, service of notice
period, and clearance from your immediate supervisor.

16. All terms and conditions will be governed by the Company’s policies as stated from time to
time and the Company may, in its sole discretion as it deems fit, revoke or change such policies.

17. The terms of this appointment will be governed by and construed in accordance with the laws
of India, and the courts in Mumbai will have jurisdiction in relation to any dispute or difference that
may arise under the terms of this employment.

18. The terms of this offer must be kept strictly confidential. You agree not to disclose it to any
person and entity except as required by law or legal process and except for disclosure to your
attorneys, accountants, and immediate family.

19. This appointment is contingent upon all information, facts and figures provided by you to the
Company’s representatives at any point in time, being accurate and true. The Company will, at its
discretion, conduct background and reference checks as per Company policy. In the event the
results of such background and/or reference checks are unsatisfactory on any account, the
Company may, in its sole discretion, revoke this offer at any time.

Kindly sign and return a copy of this letter. Please initial each page in acceptance of the terms and
conditions set out herein latest by 15 days of the issuance of the letter else this appointment letter
stands automatically withdrawn.

We wish you an enjoyable and rewarding association with Aditya Birla Health Insurance Company
Ltd.

Sincerely,

Ankesh Amin

Head - HR, L&D and Admin Agreed &

Accepted

I hereby accept the above mentioned terms and conditions

 Annexure A

Fixed Remuneration Per Annum (Rs.) Per Month (Rs.)

Basic Salary 108000 9000

Housing Rent Allowance 50000 4167
Mobile Allowance 0 0
Education Allowance 2400 200
Special Allowance 58005 4834
Advance Against Statutory Bonus 16800 1400
Provident Fund (Employers Contribution) 21600 1800
Gratuity 5195 433
Total 262000 21834

· The payment of Salary and Benefits will be subject to deduction of Income Tax as per the
prevailing Income Tax rates and other statutory deductions, as may be required in accordance with
applicable legislation in force from time to time.

· All figures mentioned are annualized value and prorated according based on your date of
joining.

· Advance against Statutory Bonus is paid monthly in lieu of Statutory Bonus as per the
provisions

· Gratuity is payable as per the provision of applicable Gratuity Act.

Company reserves the right to amend the Compensation structure as it may deem fit.
 Annexure 'B'

Please submit photocopies of the following documents, as applicable, at the time of joining.
Please also bring the original copies of your certificates and testimonials for verification.

· Copy of Latest Resume

· Copy of Permanent Account No. (PAN)/Copy of PAN application (in case PAN is not available)

· SSC / HSC certificates with Mark-Sheets

· Graduation / post-graduation Degree / Diploma with Mark-Sheets

· Professional Degree / Diploma with mark-sheets

· Proof of Age (Ration Card/ Driving License/ Passport/ Voter’s Id/ College ID card/ Bank Pass
Book)

· Resignation acceptance letter need to be submitted, if you require time to produce the
relieving letter

Note: Relieving Letter is a must and needs to be submitted within 30 days from your date of joining
failing which your appointment will stand cancelled.

· Affidavit for Gap in employment (in case the gap is greater than or equal to 6 months)

· Proof of your last drawn Salary with details (Last 3 months salary slip/ Salary Annexure from
previous employer/ Bank Statement as a proof of salary credit/ Affidavit for Salary Declaration)

· Four passport Size Colored photographs

· Three professional references (with complete address and telephone number)

On joining you will also be required to furnish the following:

· PF Nomination Form

· Family dependent details

· Any other relevant information that may be required.

Please Note that Submission of all the above-mentioned documents and completion of all the
forms given in your joining kit are mandatory. Any non-compliance may result in your joining kit
being declared as incomplete, for which you would be solely responsible and thus consequently
delay/impact:

· The generation of Employee Code and Salary pay-out

· Your coverage under mediclaim, Group Protection Cover, etc.

· Settlement of claims etc., were they to come up

Your present and permanent addresses, as mentioned in your application form, are recorded in
Company’s record. You are required to inform the Company about any change in your address and
telephone numbers.