30th March, 2025 Confidential

Ref: HR/CSY/GIS/OPS/2025/JDE/28/03/2025

To
Mr. Bora Ganesh Reddy,
Aditya Nagar, Surampalem,
Andhra Pradesh – 533437.

Dear Mr. Bora Ganesh Reddy,

Sub: Offer Letter

With reference to your application and subsequent selection procedures and on behalf of
Cadsys (India) Limited, a group company of Apex Group, we are pleased to offer you a
position as Jr. Design Engineer in our company located at Hyderabad on the following
terms and conditions.

Your Salary Structure will be as per Annexure- A.

You will be working in shifts as may be decided by the company.

As you step in, along with us you also carry with you the expectations of Cadsys family
– that you would truly identify and exemplify Cadsys Code of Conduct.

Your appointment will happen only upon submission of copies of following testimonials
(originals to be presented for verification)

 Academic qualification certificates (SSC, Intermediate or Diploma, Graduation)

including proof of date of birth, professional proficiency certificates, four latest
passport size photographs, copies of Aadhaar, Pan and passport, where applicable

 Experience certificate(s), Relieving letter/ Clearance certificate, from your previous

employer(s), as applicable.

In the event that there is any discrepancy in the submitted documents and information
stated during the interview, we reserve the right to cancel your candidature.
You need to report on 12th April, 2025 @ 9:45 AM at the address given above to complete
the joining formalities, failing which this offer will be treated as invalid.
The joining formalities includes
- Verification of your certificates
- Submission of filled joining forms as per the company’s procedures
- Execution of bank guarantee

Once your joining formalities are completed, your work location will be assigned at any of our
offices / subsidiaries / sister concerns anywhere in Hyderabad.
Your employment shall be effective from the day the above joining formalities are
completed and your probation period of two years also starts from the same day.

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Secrecy and Duty:

During the period of your employment, you will work honestly, faithfully, diligently and
efficiently for the growth of the company. You are expected to maintain utmost secrecy
with regards to the affairs of the company and shall keep confidential any information,
instruments, documents etc. relating to the company that may come to your knowledge.
As an employee, you will be privy to sensitive and commercially valuable information
concerning company and business. Such information is deemed to be the property of the
company more so in the nature of intellectual property, and must not be disclosed
during or after this employment to any third party without prior written consent of the
company. Hereby, you undertake to indemnify the company and its affiliates from any
loss or damage arising from any breach of this undertaking.

The company has various software, methodologies, systems and strategies that are of
high quality involving several man-hours of effort. During your employment with
company you will or may receive or contribute to confidential information, which is value
to the company. You need to maintain strict confidentiality regarding any such
information whether oral or written. You need to execute Non- Disclosure Agreement and
Employee Proprietary Information and Intellectual Property Agreement which is enclosed
with this agreement.

In view of your position and office, you must effectively and diligently and to the best of
your ability perform all responsibilities and ensure results. In this connection you are
required not to engage in activities that have or will have an adverse impact on the
reputation/image and business of company, whether directly or indirectly.

Misconduct
Any time during your employment, if you are found guilty of any act of misconduct or
any willful breach or continuous negligence or under performance in terms of this
appointment letter or rules or duties, disobedience of the instructions given to you from
time to time, the management may, without any notice, put an end to your services with
the company. You will be deemed to have brought about such a situation by your
misconduct compelling the management to put an end to your services and in addition
you shall be liable for losses, damages to the company.

Termination of employment:
During the period of probation your employment can be terminated by the company
without notice and with or without any cause.
During the period of probation, if you decide to terminate the employment you will not
only be required to give two months of prior written notice but also amount spent on
training by the company. The company reserves the right to withhold your salary and
other benefits in lieu of the same.

After completion of two years from the date of joining, your employment with the
company can be terminated either by you or the company upon three months prior
written notice. Further, until the company accepts your separation & relieves you of the
responsibilities, you are deemed an employee of the company and the terms and
conditions of your employment shall continue to bind you.

The company reserves the right to terminate without any notice on the grounds of
unethical, misconduct, non-performance, lack of requisite attendance, or sexual
harassment entirely at its own discretion.

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Liquidated Damages

(a) You acknowledge and agree that the Cadsys is providing you with training so as to
enable you to perform in this position. You neither had the skill nor the capability to
perform in this position without undergoing this training.
(b) You acknowledge and agree that as an employee of Cadsys, you will receive highly
sensitive information from customers all over the world. Any breach in confidentiality
of this valuable information not only causes irreparable damage to the company but
also loss of reputation in international market.
.
(c) You further acknowledge and agree that in lieu of the special training given and the
nature of services you were provided with, it may not be possible for the company to
accurately estimate and/or establish the loss it will suffer if you breach the terms of
this offer letter and leave your employment with the company before completion of
two years from the date of joining the employment.

Having regard to those matters in clause (a) to clause (c), if your employment is
terminated for breach or otherwise during the probation period and if you seek to leave
your employment before the probation end date, you must pay to the company, a sum of
Rupees One Lakh (Rs.1,00,000) towards the liquidated damages. To this effect, before
joining the company you shall provide an irrevocable Bank Guarantee in the format
provided to you.

You further agree and acknowledge that this amount is a genuine pre-estimate of the
loss that the company will suffer as a result of you terminating your employment before
the end date or for breaching any of the confidentiality clauses of the intellectual
property agreement. This amount is exclusive of damages, if any, which arise out of your
breach of the mandatory terms and conditions outlined in this agreement.

Severability:
In the event any provision of this agreement is deemed invalid or unenforceable by a
court of law, the remaining provisions shall continue in full force and effect.

The above-mentioned does not purport to be exhaustive employment terms. You will be
governed by the rules and regulations laid by the company from time to time. The
above-mentioned terms and other rules & regulations shall be in force and binding until
you are separated from the company by way of a written agreement/ letter issued to
you.

Any action to enforce, or which arises out of or relates in any way to, any of the
provisions of this agreement, or any dispute with regard to the terms stipulated herein
shall be resolved in accordance with the laws of India, and any dispute, reference to this
shall be dealt at Hyderabad under the exclusive jurisdiction of the courts of India.

Please sign and return the duplicate copy of this letter in token of your acceptance of the
terms described in this letter.

Looking forward to a mutually beneficial association.

Welcome once again and wishing you the best time

ahead!!!

For CADSYS (INDIA) LIMITED I accept the terms of this letter

Manager – Human Resources

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 ANNEXURE-A
SALARY BREAK- UP DETAILS

AMOUNT (in Rs)

PARTICULARS
MONTHLY YEARLY
Basic 9500 114000
House Rent Allowance 3800 45600
Professional Development Allowance 950 11400
WiFi Allowance 1000 12000
Conveyance Allowance 1600 19200
Medical Allowance 2150 25800
Gross Salary (A) 19000 228000
Statutory Deductions (B)
Employee Contribution to PF 1800 21600
Employee Contribution to ESI* 184 2208
Professional Tax 150 1800
Net Salary (A-B) 16866 202392
Employer Benefits (C)
Contribution to PF 1800 21600
Contribution to ESI* 796 9552
Gratuity 457 5481
Variable Pay** 5500 66000
Cost to Company (A+C) 27553 330633

*ESI Contribution may vary based on total earnings in a month.

** Variable pay shown here is the performance based incentives upon reaching minimum target as per the
company norms. It varies from month on month depending on the individual performance.

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