OFFER LETTER

07th December 2022

Dear Aman Srivastava,

NoBroker is a real estate portal which eliminates brokers from the real estate transactions and
currently deals with residential rental niche with plans of expanding to other niches in real estate
and businesses which involves middlemen transactions.
As we continue to grow we are looking for likeminded people who can join our team and follow
the leadership and be part of our culture of innovation
Further to our discussion, we are pleased to invite you to join our team as “Associate Director-
Performance Marketing” based out of Bangalore.
Your scope of responsibilities will be as briefed to you during your conversation with our team
and in addition to that all other duties assigned to you by your Manager. In accepting this offer of
employment, you will be required to perform all duties assigned to you with due care and diligence
and in compliance with company norms. You are expected to devote all your time and effort in
performing assigned duties during the business hours and reasonable additional hours as it may be
necessary for business

COMPENSATION & BENEFITS

You are entitled to a compensation of INR 33,55,796 /- per annum. The details of your
compensation structure and other benefits are outlined in Annexure.
The compensation shall be subject to taxes and the Company may withhold therefrom any amounts
as are required to be withheld pursuant to applicable Law.

POLICIES AND PROCEDURES

You are required to comply with all NoBroker policies and procedures as they may be amended
or added to from time to time.

LEAVE
You will be entitled to 7 days of sick leave per annum and 15 days of vacation leave per annum.
For medical leave, any leave more than 3 days would require doctor’s certificate. Vacation leave
can be carry forwarded to max of 15 days.

OTHER ENGAGEMENTS
You are not allowed to work either full time, part time or in advisory, consultant, associate or any
other role with any company, organization or any kind of freelance work till the time you are
employed with the Company. You need to take specific approval in writing from your manager
before being associated or contributing to any forums, groups, projects or non-profit seeking
bodies.
eSigned using Aadhaar
(Leegality.com - z4mqquJ)
Aman Srivastava
Date: Wed Dec 07 19:38:18 IST
2022
 TERMINATION
Your employment may be terminated by the Company giving one (1) month notice or one (1)
month pay in lieu of notice. In case the employee resigns/give notice for termination of
employment, he/she shall give two (2) months’ notice or two (2) month's pay in lieu of notice to
the Company. Further, the Company at their sole discretion may relieve the employee before
expiry of the notice period without any financial liability or commitment to allow them to continue
in service till the end of notice period. Your probation period will be One (1) month from the date
of joining. During the probation period, the Company may terminate your employment by giving
seven (7) days’ notice or salary in lieu of such notice or Employee can terminate by giving thirty
(30) days’ notice or salary in lieu of such notice.
The company may terminate your employment without notice/ without pay in lieu of notice if you
willfully disobey a lawful and reasonable instruction or direction, commit an act of misconduct,
including but not limited to, fraud or dishonesty, or are habitually negligent in your duties.

RETURN OF COMPANY PROPERTY

On termination of your employment, for any reason, you must immediately return to company all
company property and all documents and items relating to the company’s business. This includes,
but is not limited to, any car, equipment, papers, keys, reports, computers, information and
programs, records and documents and other information in whatever form, relating in any way to
company. Company is entitled to deduct or set off any amount owing to you on termination for
the value of any property not returned, or amounts owing to company.Any damage/loss/theft to
company property issues to you, not limiting to laptop will have to borne by employee subjected
to review by management.

NON-COMPETE & NON-SOLICITATION OBLIGATIONS

A. The Employee acknowledges that he/she, during his/her employment with the Group may
obtain access to Confidential Information and have dealings with the customers and suppliers
of the Group. The Employee acknowledges the breadth of the covenants under this Clause, and
acknowledges that he/she has various other skill sets which, if deployed by him/her after he/she
ceases to be an employee of or ceases to be associated with the Group would be sufficient to
be gainfully employed without having to compete with the Group. The Employee undertakes
that he/she shall not, during the Non-Compete Period anywhere in the world, either jointly or
severally, directly or indirectly, and whether as an individual, investor, promoter, proprietor,
shareholder, joint venture partner, collaborator, consultant, advisor, principal contractor or sub-
contractor, director, trustee, committee member, office bearer or agent or in any other manner
whatsoever, whether for profit or otherwise commence, engage or be concerned in any business
that competes with the whole or any part of any of the current or proposed business of the
Group except on behalf of the Group, canvass or solicit business of a type similar to those
being dealt in, or for services similar to those being provided by the Group from any Person
B. induce or attempt to induce any customer/client of the Group to cease to be a customer/client,
or otherwise interfere with the relationship between such a customer/client and the Group (save
and except actions taken during the course of his/her employment in what he/she believes to
be, in the Group’s interest); or

eSigned using Aadhaar

(Leegality.com - z4mqquJ)
Aman Srivastava
Date: Wed Dec 07 19:38:18 IST
2022
 C. induce or attempt to induce any director of the Company, senior management personnel or key
employee of the Company to leave the employment of the Company.
D. During the Non-Compete Period, the Employee shall not anywhere in the world, either jointly
or severally, directly or indirectly, and whether as an individual, investor, promoter, proprietor,
shareholder, joint venture partner, collaborator, consultant, advisor, principal contractor or sub-
contractor, director, trustee, committee member, office bearer or agent or in any other manner
whatsoever, whether for profit or otherwise;
E. solicit any Person then engaged by the Group as an employee, full-time equivalent, officer,
consultant, contractor or director or so engaged within the preceding 12 (twelve) month period
(“Existing Employee”) to leave the employment of the Group, and shall use its best efforts to
prevent any of its related entities or Persons from taking any such action;
F. disclose to any third party the names, backgrounds or qualifications of any the Existing
Employees or otherwise identify them as potential candidates for employment;
G. approach, recruit or otherwise solicit Existing Employees to work for any other employer;
H. persuade any Person which is a vendor / consultant of the Group, to cease doing business or to
reduce the amount of business which any such Person has customarily done or might propose
doing with the Group.
I. The covenants in this Clause and the time and other limitations with respect thereto, are
reasonable as to duration and subject matter, properly required for the adequate protection of
the value and goodwill of the Group and such limitations are reasonable with respect to the
activities of the Group.
J. It is the intention of the Parties that the provisions of this Clause shall be enforced to the fullest
extent permissible under the applicable Law, but that the unenforceability (or the modification
to conform with such applicable Laws) of any provision hereof shall not render unenforceable
or impair the remainder of this Clause. If any provision of this Clause shall be determined to
be invalid or unenforceable, either in whole or in part, this Clause shall be deemed to be
amended or modified, as necessary, the offending provision and to alter the remaining
provisions of this Clause to the extent necessary to render the same valid and enforceable to
the fullest extent permissible.
K. Nothing herein contained shall affect the Employee’s non-competition and non-solicitation
obligations set forth in the Transaction Document. The obligations are independent of each
other and shall bind the Employee independently.

CONFIDENTIALITY
The Employee shall not, whether during his/her employment with the Group, or after
termination of his/her employment, for any reason, directly or indirectly, use for
himself/herself or use for or disclose to any Person any Confidential Information other than
for the benefit of Group and in the course of performing his duties and responsibilities.
A. Without prejudice to the generality of the foregoing, the Employee shall:
a. keep confidential the Confidential Information and not disclose the same to any
third party or use the same for the Employee’s benefit or for the benefit
(financial or otherwise) of any third party, except as expressly permitted by the
Agreement or except with the prior written consent of the Company.
b. protect the Confidential Information received with all reasonable care so as to
ensure that the same does not fall into the hands of third parties or is not put to
eSigned using Aadhaar
(Leegality.com - z4mqquJ)
Aman Srivastava
Date: Wed Dec 07 19:38:18 IST
2022
 unauthorized use.
c. not reproduce in any form the Confidential Information except with the prior
written consent of the Company.
B. The confidentiality obligations under the Agreement shall not prevent the Employee
from disclosing the same if required by Law or under the orders of any court of
competent jurisdiction or other competent legal authority, provided that the Employee
gives the Company notice of such intended disclosure and an opportunity to oppose the
same.
C. The Employee confirms that all Confidential Information shall remain the sole and
absolute property of the Group or any third party, as applicable. The Employee shall, at
the time of leaving the services of the Company, return all Confidential Information
and other Company property, which he/she is in possession of.
D. The obligations under this Clause 5 shall survive the termination of the Agreement and
shall survive so long as such information remains confidential. The Employee also
acknowledges that use of the Confidential Information contrary to the provisions of the
Agreement constitutes, among other things, criminal breach of trust in terms of the
provisions of the Indian Penal Code, 1860.
E. The provisions of the Agreement for the protection of Confidential Information shall
apply notwithstanding that the Employee has unauthorized or inadvertently obtained
access to or otherwise come into possession of such Confidential Information.
F. In order to secure or preserve Confidential Information, the Company shall have the
right at all times to deactivate, disable, remove or prevent access to any Company
property, including computers, servers, computer networks, email accounts, databases,
storage, and vehicles.
Your date of Joining is 13th December 2022.
We look forward for your acceptance of this offer to begin your most exciting journey
ahead.

Best Regards,

HR Team

For NoBroker Technologies Solutions Pvt Ltd

Note - This is a system-generated letter and does not require a signature.

Acceptance:

I, Aman Srivastava, have read, understood, and accept this offer of employment, as set
forth above.

Signature: _______________________________ Date: _____________

eSigned using Aadhaar

(Leegality.com - z4mqquJ)
Aman Srivastava
Date: Wed Dec 07 19:38:18 IST
2022
 ANNEXURE
Fig. in INR
Components Monthly Annual
Salary (A)
Basic 96,667 1,160,000
HRA 38,667 464,000
Special Allowance 104,533 1,254,400
Employer PF 1,800 21,600
Gross Salary (A) 241,667 2,900,000
Performance Bonus (B) 400,000
CTC ( A+B ) 241,667 3,300,000
Gratuity @ 4.81% of Basic (C) 55,796
Total CTC (A+B+C) 3,355,796

* Please note that above mentioned CTC includes a fixed monthly deduction for employer
& employee contribution to PF (INR 3600/-), Professional Tax (INR 200/-) & Income tax, if
applicable.
** You will also be eligible for Medical Insurance under company’s group medical insurance
policy, details of the policy will be shared with you separately.
*** Gratuity will be payable in line with the statutory provisions, upon separation from the
Company, subject to completion of minimum of five years of employment with the Company.

eSigned using Aadhaar

(Leegality.com - z4mqquJ)
Aman Srivastava
Date: Wed Dec 07 19:38:18 IST
2022