Confidential Proprietary Information

To, [__] day [Month], 2017

Mr. [__]
S/o {__}
{__Address__}

APPOINTMENT LETTER

Dear Mr. {_First Name_},

We at Wings Biotech, hereafter known as the Company, are pleased to appoint you
as {Designation} in our organization based on following terms and conditions of
employment.

TERMS AND CONDITIONS OF EMPLOYMENT

1. SCOPE OF WORK AND REMUNERATION

1.1. Position

You will perform the capacity of {Designation), at Band/Level (__) within the
structure of the Company, effective {__date__}, reporting to the
{_designation of the Reporting Manager_}. You may be required to report to
any other officer of the Company depending on the nature of the
assignment given to you or as deemed fit by the Management of the
Company.

1.2. Remuneration

a. Your Basic Salary will be Rs. 33,710/-P.M. (Rupees______Only) the

breakup of the same is attached as an Annexure {__} to this Letter.
b. Perquisites, benefits and allowances as per your eligibility and Company
Policy will be provided to you. Detailed policies/procedures/rules and
regulations governing the monthly/annual allowances, benefits and
perquisites, whether existing or adopted in future, will be provided to
you and you shall be governed by the same.
c. Your emoluments will be subject to income tax as per the provisions of
the Income Tax Act or any other payment made by the Company in
respect to taxes will be borne by you and as required by law, will be
deducted at source.

1.3. Role & Responsibility

a. The Company will expect you to work with a high standard of initiative,
efficiency and economy.
b. Whilst in the employment of the Company, you are not allowed to be
employed by any other company on a temporary or part-time basis or

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 offer your services with or without pay to any person, legal entity or
public authority or to be occupied in your own business without the
express prior consent of the Company.
c. You shall be reporting to your senior as per the hierarchy level in the
Company.
d. Your main responsibility shall be to ensure that the work assigned to you
by your seniors
is duly completed in stipulated time and you will also be responsible for
your team members/reportees.
e. You will be responsible for safekeeping and return in good condition and
order of all Company property, which may be in your use, custody or
charge.

1.4. Location & Transferability

You will render your services presently at the Delhi Office. However, your
services are liable to be transferred/lent to any place/branch of our
organization or subsidiary and/or associated company in India, whether
existing or established in future at the sole discretion of the Management
subject to terms as outlined in this Employment Agreement. Upon being
transferred / lent, you shall be governed by the conditions of service/rules
and regulations as prevalent at that place.

1.5. Probation and Confirmation

Based on your performance your services shall be confirmed with the

company after a period of Six Months (6) or more, at the discretion of the
management, with effect from the date of joining. During the period of
probation, your services can be terminated by the Company by either side
by giving 30 days written notice or payment of 30 days basic salary and all
admissible allowances in lieu of such notice. However, such notice or
payment of basic salary and admissible allowances shall not be necessary
and your services may be terminated without notice and on account of
reason of any of the acts or omission the Company shall be entitled to
recover the damages from you, if at any time in our opinion, you are found
non performer or guilty of fraud, committing act/s of indiscipline,
disobedience, insubordination, incivility, insobriety and absence from duty
without permission or any other conduct considered by the Company as
determined to its interest or of violation of one or more terms and conditions
of this appointment letter.

You shall be deemed to be continuing on probation unless you are confirmed

in writing, after satisfactory completion of the probationary period, you will
be confirmed in the present position and thereafter your services can be
terminated by either party by giving (_____) month notice or salary and fixed
allowances (if any) in lieu thereof.

2. LEAVE

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 You would be entitled to leave and other benefits as per the prevailing rules of
the company.

3. WORKING HOURS

The Companys normal hours of work will be as per applicable law. Depending on
the workload, you may be required to work longer hours and on weekends in
certain instances.

4. RETIREMENT

Your age of retirement from the services of the company will be 58 years. The
proof of age shall be the one recorded in the school leaving certificate or birth
certificate, as submitted and recorded in the records of the company.

5. CONFIDENTIALITY AND INTELLECTUAL PROPERTY RIGHTS

You agree that the terms and conditions applying to your employment are strictly
confidential. Any disclosure of these terms and conditions to third parties without
limitation to operations, trade and business information (including other
employees of the Company or any other associate or affiliate of the Company)
constitutes a breach of your employment.

By signing this Agreement, you undertake that you will not during the term of
this Agreement and after termination thereof, howsoever occasioned,
communicate, use or divulge to any third party (except as required by the terms
and nature of your employment with the company) any of the plans, strategies,
programmes, trade secrets, accounts, financial information, market research,
customer lists, processes, inventions, designs, or other confidential information
concerning the business affairs of the Company, any affiliated Company, or its
clients.

As far as the Company is not already by law the owner of the intellectual
property rights arising in respect of any and all works created, you here by assign
to the Company and/or its affiliates all intellectual property rights arising in
respect of any and all works created, compiled and/or devised by you in the
course and scope of your employment with the company pursuant to this
Agreement. By virtue of this agreement, any intellectual property rights which
come into existence in the future in respect of any such work created, compiled
and/or devised by you in the course and scope of your contract with the
Company, shall vest in the Company and/or its affiliates upon their coming into
existence.

For the purposes of this clause, intellectual property shall include any trademark,
trade name, or service mark, any patent, registered design, copyright, design
right, topography right, application to register any of the aforementioned rights,
trade secrets, any right in unpatented know-how, any right of confidence and any
other intellectual or industrial property rights of any nature whatsoever in any
part of the world, including any License rights and the right to take legal action.

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 All plans, strategies, programmes, trades secrets, accounts , financial
information, market research, customer lists, data, records, reports, manuals,
financial statements, budgets, specifications, correspondence, indices , research
papers , letters or other similar documents(the nature of which is not limited by
the specific reference to the foregoing items) which are created , compiled or
devised or brought into being by you or have come into your possession in the
course of the employment and all copies hereof, and other property whatsoever
belonging to the Company such as laptops etc. which may be in your possession
or under your control , will be sole property of the Company , and all copies shall
be returned to the Company without any copies in whatever form withheld, if not
destroyed earlier. The provisions of this clause shall survive termination of this
agreement for whatsoever reason.

6. MEDICAL EXAMINATION

Your appointment is subject to you being medically fit; Company reserves the
right to get you medically examined by any medical practitioner nominated by
the Company and your further employment will depend on your being found fit.
7. TERMINATION

a. Upon confirmation of service, the employment can be terminated by either

side by giving Sixty (60) days written notice or payment of Sixty (60)
days basic salary and all admissible allowances in lieu of such notice.
Such notice or payment of basic salary and admissible allowances shall not
be necessary if your services are dispensed with by the Company for
committing act/s of misconduct or committing any act of indiscipline,
disobedience, insubordination, incivility, poor performance insobriety, and
dishonesty or corrupt practice or breach of any of the terms & conditions
of this appointment letter.
b. This appointment is made on the basis of the information given by you,
and contained in your application. If it is found to be false, misleading or
deliberately concealed, the management will have the right to terminate
your services forthwith without any notice or compensation.
c. On tendering your resignation, you shall be liable to clear your
imprest/advance within 7 (Seven) days of your notice period. You shall
be liable to submit all the property, samples, belonging issued to you by
the organization from time to time and also furnish the no dues certificate
and no objection letter as per the requirement.
d. Your services shall summarily be terminated at any time you are found
guilty of remaining absent from the duties without prior information/pre-
sanctioned leave for more than 7 days.

8. ENGAGEMENT IN OTHER BUSINESS

You acknowledge that the Company wishes you to devote your whole time and
attention to the service of the Company during the Term of your employment
with it. For this reason, during the term of your employment, you shall not take
up any other job/assignment in any capacity, whether remunerative or honorary,
and/or you shall not engage in any business of whatsoever nature without the
permission of the management in writing.

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9. OTHER TERMS AND CONDITIONS

a. You shall be governed by the rules and regulations of the organization,

which are in force and/or are framed from time to time. The terms and
conditions of service can be changed without any reference to you and the
same shall be binding upon you as is applicable to other employees of
your grade/level/function/department of the company.

a. You shall communicate the change, if any, in your permanent/present

residential address/telephone/mobile number hereafter immediately,
failing which communication sent to you at your notified address, shall be
deemed to have been received by you.

b. You shall throughout your service with the company, conduct yourself in a
manner befitting a responsible employee of the company and maintain
absolute integrity. In case your behavior or conduct is found wanting or
undesirable, the company reserves the right to terminate your services
without any compensation, notice or salary in lieu thereof.

c. The copyright and intellectual property rights of all material produced by

you during your tenure shall vest with the company.

d. Dispute Resolution and Governing Law: - All disputes and differences

are to be enquired and to be dealt with, and are to be settled at Head
Office. For legal disputes arising out of your employment, Delhi Courts,
Tribunals and/or authorities shall have exclusive jurisdiction to entertain,
try and decide such dispute or differences arising or pertaining to this
agreement or employment irrespective of your working Headquarter being
elsewhere at that time.

e. You shall be required to maintain the secrecy & not to divulge or

communicate in any manner any information or knowledge obtained by
you in the course of your employment, to other companies or persons
thereof.

f. Non-Solicitation:- Upon leaving the company you will not, without prior
written consent of the company, for a period of 12 (twelve) months from
the date of ceasing employment, canvass, solicit, interfere with or entice
away any person or customer of the Company. To prevent any potential
conflicts of interest or breaches of confidentiality, you will not accept an
appointment offered by a customer or any competitor of the Company.

10.Policy Guidelines

With the acceptance of this employment, you agree and confirm that during your
employment, you will be governed by the Companys Policies, as amended from
time to time. The policies are available on the Public Folder of all systems and
should be read and understood by you. In the event of any clarification with
same please contact the HR Department.

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 We take this opportunity to welcome you to the {___} team and trust you will find
this a stimulating environment that will offer you a challenging and rewarding
career. We look forward to your contribution to building a company of which we
can all be proud.

Please return the duplicate copy of this letter, duly signed by you on each page in
token of your acceptance of the above terms and conditions.

Thanking you,

For Wings Biotech

OTC Division

Authorized Signatory
{___}
Senior Manager
(Human Resource)

I accept the above terms and conditions and undertake to abide by them.

Signature
Date:

Annexure: Compensation & Benefit Sheet

______________
_______________
Authorized Signatory Signature of
employee

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