aa GrechProcess Payment Services February 4, 2014 Mr, Jaibind Sahu Mumbai Dear Jaibind, We are pleased to inform you that you are placed as a Management Trainee in our organization subject to following terms & conditions: 1. Your MT shall be subject to the provision of the ICSI guidelines. You will be undergoing for training for Ten months commencing from February 10, 2014. 2. During the tenure of your training, you will be paid a stipend of Rs. 10,000 p.m. (Rupees ten thousand per month) all inclusive and subject to deduction of tax at source, if any applicable 3. During the training period, you will not take up any part time job whether advisory or otherwise and will observe the rules and regulations as may be applicable to you from time to time. 4, You would be working on assignment related to company & other associated companies. You will report to Varsha Sangam, Company Secretary. 5. You shall maintain and shall keep in your safe custody books, registers, documents and other ‘i wu Papers as may be issued to you or may come in your possession during the course of this assignment and return the same as and when required by the company. 6. This assignment will be terminable with a month’s notice by the company. In token of your acceptance of the above terms and conditions, you are requested to sign the duplicate copy of this letter and return the same to us. We look forward to having you with us at TechProcess Payments Service Ltd. Youl| sincerely, | &% Authofized Signatory ‘TechProcess Payment Services Limited Regd. Of: Meta Estate, Building No. 1, 2nd Floor, LBS Marg, Vikhroi(W), Mumbei 400079, Tok: (022) 652 8600 Fax = 022) 6852 8667 es cenlicaiiilabsliblllaiuiliii |. thar