APPOINTMENT LETTER

To,
Vivek Rajesh Acharya (74883)
Date: September 04, 2024
Mumbai
Dear Vivek,

With reference to your application and the subsequent interviews you had with us we are pleased to
appoint you as “ AR Associate” at GeBBS Healthcare Solutions Pvt. Ltd., Mumbai on the following terms
and conditions:
Your date of appointment is effective September 04, 2024.
1. You will be on probation for a period of six months. Thereafter subject to your work, conduct and
performance being found satisfactory you will be confirmed in writing. If either your work conduct or
performance is not found satisfactory, the probation period will stand automatically extended without any
intimation to you till you get a communication from the Company confirming your services.

2. Your emolument by way of Annual Cost to the company is INR 3,28,786/- per annum (INR Three Lacs
Twenty Eight Thousand Seven Hundred Eighty Six Only). Details of this annual cost are enclosed in
the annexure.

3. The Organization conducts screening and background verification for its prospective hires. Your
appointment and continuation of your services is subject to a clear and clean background report.

4. Your shift timings are subject to change as per the requirement of the business.

5. Your employment is subject to your undertaking that,

Ÿ You will clear the training and on the job evaluations that are pre -requisite.
Ÿ You will not directly or indirectly engage in any other work or assignment or take up part /full time
training program without prior permission in writing of the Company.
Ÿ You will not divulge, disclose or leak out any information regarding the affairs of the Company ,
which comes to your knowledge, including the design, patent process or trade of Company or
of Company’s collaborations [whether in India or abroad]
Ÿ You will also execute a service and confidentiality documents as applicable to employees from
time to time.

6. Your services are liable to be transferred to any of the branches of the Company or to any of its
Group/Associate Company. The terms and conditions of this appointment will be binding on such
transfers and your services will be treated as continuous services. Any subsequent change in rules,
policies and regulations during the term of your services of the Company shall be binding upon you in
totality.

7. During the period of your service if you are found medically unfit for work, the management shall have
the right to require you to get yourself examined by any medical authority specified by the Company and
management as its sole discretion may terminate your services based on such medical reports.

8. Your performance will be evaluated at regular intervals for salary review or salary increments. Increment
shall be based on your performance and in no case shall be automatic and / or can be claimed as a
matter of right and shall be solely at the discretion of the Company.

9. Your services can be terminated without assigning any reasons as under:

a) At any time without any prior notice during the period of probation.
b) With prior notice of minimum [1] One month or salary in lieu thereof, after confirmation. Release Date:01/10/17
GHS / QR / HRD /408 Version No. 4.0

Registered Office Tel:+91-22-39487300

“Mindspace”, Building No. 3, 1st Office Level, Thane - Belapur Road, Web:www.gebbs.com
Airoli, Navi Mumbai 400 708 Email ID:askus@gebbs.com
CIN - U72900MH2004PTC143808
 9. Your services can, however, be terminated, without any notice or compensation and without assigning
any reason for loss of confidence, or for any act including dishonesty, disobedience, negligence, fraud,
misappropriation of Company’s money, property or any subversive act which is seriously detrimental to
the interest of the company and warrants your termination forthwith.

10. You will have to give minimum [1] one month prior notice if you want to resign from the services of the
Company at any time. If you fail to give [1] one month prior notice, you will have to pay to the Company
[1] one month salary in lieu thereof. Notice period waive off or Notice period buyout option will be
subject to Company’s sole discretion and binding on you .

11. An absence from duty for a continuous period of 2 days during probation and 7 days after confirmation ,
including absence on leave though applied but not granted, would make you lose your lien on the
services and the same will automatically come to an end without notice or even intimation. The
Company shall have full authority to initiate absconding and recovery proceedings against you.

12. You will retire from the services of the Company on attaining 60 years of age and for this purpose the
official record of your date of birth with the Company will be treated as final .

13. During the period of the service in the Company, you shall:
• Perform, observe and conform to such orders and instructions as may from time to time be
reasonably given or communicated to you by the Supervisor;
• In all respects carry out the objects of the Company diligently and faithfully serve the Company ,
promote and protect its interest in all things to the best of your ability and judgment, and use your
best endeavors to increase its business; and
• Devote your whole time and attention to the business of the Company during the office hours of the
Company, and shall not in any way be engaged in, concerned directly or indirectly with any other
Company, business or trade without the prior written consent of the Company.
• Agree to enter into a service contract with the Employer which will require the Employee to remain
with the organization for a defined period post his/her return to India. This service contract will be
liable only in the event that he/she is required to travel abroad to a client site for any business need.
14. The postal address shared by you shall be treated as the correct address for all communications to you .
You undertake to promptly intimate the company in case of any change in the postal address. All
communication addressed to you on the address shall be deemed to have been correctly served.

15. By accepting this letter of appointment, you acknowledge and agree that you will not, during the course
of your service or thereafter, except with our consent, as required by law or in the performance of your
duties, use or disclose confidential information relating to our business, including but not limited to
business, client/s information, business methods and practices, software technology and tools and /or
any such information we may assign time to time as being confidential.

If the terms and conditions stated above are accepted to you, please sign the duplicate copy of this letter as
a token of your acceptance of our employment offer and return it to us for record .

Yours faithfully,
For Accepted
GeBBS Healthcare Solutions Pvt. Ltd

Manoj Narkar
Vivek Rajesh Acharya
Associate Vice President

GHS / QR / HRD /408 Release Date:01/10/17

Version No. 4.0
 Employee Code : 74883
Employee Name : Vivek Rajesh Acharya
Grade : 05
Designation : AR Associate
Department : AR (Accounts Receivable)

Salary Annexure:
Sr. No. Component Per Month (INR) Per Annum (INR)

Section A
1 Basic 11,632 1,39,584

2 HRA 862 10,347

3 Advance Statutory Bonus 1,060 12,720

4 Special Allowance 5,612 67,349

Section A - Total 19,166 2,30,000

Section B

5 Minimum Variable Incentive - -

6 Maximum Variable Incentive (Up to) 5,000 60,000

Section B - Total 5,000 60,000

Min Earning Potential (Section A Total) 19,166 2,30,000

Max Earning potential (Total Section (A+B) ) 24,166 2,90,000

Section C
Retirals & Non - Monetary Benefits

7 Employer's Provident Fund 21,600

8 Gratuity 6,711
9 Insurance 3,000

10 ESIC 7,475

Section C - Total 38,786

Total (Section A+B+C) 3,28,786

The above compensation package is subject to Income Tax regulations and other laws applicable from time to time .
Gratuity will be paid out to the employee as per the payment of Gratuity Act , 1972.
GeBBS Reimbursement Flexi Plan applicable as per existing policy.
GPA / GMC / GTL Insurance are prevalent as per policy .
The Employee will be paid monthly / quarterly variable amount only if s/he remains in the service of the Company at the end of that period.

Release Date:01/10/17
GHS / QR / HRD /408
Version No. 4.0