I.

Letter of Offer
(Permanent Employment)
REF NO: SALASAR ADVERTISING PVT. LTD./LOGISTICS/5843/OFFER NO.2012.
01/01/2020

Mr. Dinesh Dalvi,

Room No.4, Shiv Baba Sing Chawl,
Hari Nagar, VTC , Jogeshwari East,
Mumbai - 400060.
Sub: Joining For Operations Manager

Dear Miss/Ms. Dalvi,

We are pleased to offer you the position of Logistic Manager in our SALASAR
ADVERTISING PVT. LTD. based at Ghatkopar West.

Your immediate supervisor will be Priti Singh. We trust that your knowledge, skills and
experience will be among our most valuable assets.

As discussed and agreed with you, you will be eligible to receive the following beginning
on your joining date:

 Salary: Annual gross starting salary of Rs.5,40,000/- , subject to tax and other
statutory deductions
 Sales Incentive: As per the prevailing company scheme 35% as per
performance.
 Business Travel allowance and reimbursements as per company policy.

This offer letter is valid till 2nd January 2020. Please send a signed copy of this letter
indicating your acceptance to join and resignation acceptance letter from your current
employer to our HR.

Your Appointment Letter will be issued on the date of joining. The joining formalities
and induction will be carried out in our Ghatkopar West office.

Please submit the following documents to HR at the time of your joining: (1)
photocopies of your degree certificates, (2) certifications, if any, (3) experience/
relieving letters (4) two color passport-size photos, (5) latest salary slip from your
previous organization and (6) proof of address.

We look forward to welcome you aboard.

Sincerely,

For SALASAR ADVERTISING PVT. LTD.

Rohit Sharma.

Manager.

Office No.: 513, 5th Floor Goldcrest Business Park, Lbs Marg, Opp. Shreyas Cinema, Ghatkopar
West, Mumbai Mh 400084 India.
 II. Appointment Letter-Permanent
(Permanent Employment)

REF NO: SALASAR ADVERTISING PVT. LTD./LOGISTICS/5843/OFFER NO.2012.

1st January, 2020

Dinesh Dalvi,
Room No.4, Shiv Baba Sing Chawl,
Hari Nagar, VTC , Jogeshwari East,
Mumbai - 400060.

Subject: Letter of Appointment

Dear Mr. Dalvi,

This has reference to your application and subsequent interviews you have had with
SALASAR ADVERTISING PVT. LTD.. We are pleased to appoint you as Logistic
Manager in its LOGISTICS function based at Ghatkopar West. Your employment will be
governed by the following terms and conditions:

1. Monthly Gross Salary

You will be paid a Monthly Gross Salary of Rs. 45,000/- (Rupees Forty Five Thousand
Only) per month.

2. Working Hours

Your working hours will be 10 am to 6:30 pm as per the current company policy. The
company observes a 6 day work week.

3. Date of Appointment

Your date of appointment as per company records is 1st January 2020.

4. Salary Increase
Increase in your salary will be reviewed periodically as per the policy of the Company.
Increments in the salary range will be on the basis of demonstrated results and
effectiveness of performance during the period of review.

5. Probation Period

You will be on probation for a period of three months from the date of your
appointment. On satisfactory completion of the probation period, you will be confirmed
in service.

If not confirmed after six months, this order will continue to be in operation, and the
probation period will stand extended automatically till further notice.

Office No.: 513, 5th Floor Goldcrest Business Park, Lbs Marg, Opp. Shreyas Cinema, Ghatkopar
West, Mumbai Mh 400084 India.
6. Leave

You will be governed by the current Leave Policy of the company for permanent
employees

7. Travel
Whenever you are required to undertake travel on Company work, you will be
reimbursed travel expenses as per Company rules.

8. Responsibilities

In view of your office, you must effectively perform to ensure results. Your performance
would be reviewed as per the Company’s Performance Management System.

9. Retirement Age

The normal retirement age for all employees is 60 years.

10. Notice Period

While on probation, this appointment may be terminated by either side by giving seven
days notice, or seven days salary in lieu of notice period.

On confirmation, this appointment may be terminated by either side by giving one

months’ notice or one months’ salary in lieu of notice period.

Should you resign after confirmation, the Company will have the option to accept your
resignation either with immediate effect, and pay you three months’ salary in lieu of
notice period or accept it effective any day up to the end of the notice period and pay
you salary for the remaining period from the acceptance of resignation till the end of the
notice period.

11. Transfer

You will be liable to be transferred to any other department or establishment or branch

or subsidiary of the Company in India or abroad. In such a case, you will be governed
by the terms and conditions of service as applicable to the new assignment.

12. Other work

Your position with the Company calls for whole time employment and you will devote
yourself exclusively to the business of the Company. You will not take up any other
work for remuneration (part time or otherwise) or work on advisory capacity or be
interested directly or indirectly (except as shareholder or debenture holder) in any
other trade or business during your employment with the Company, without written
permission from the Company.

13. Conflict of Interest

You will not seek full time or part time job or be involved in any way with competitor’s
business activities either directly or indirectly during your employment with the
Company, and for a period of 12 months in the event of cessation of your employment
with the Company.

Office No.: 513, 5th Floor Goldcrest Business Park, Lbs Marg, Opp. Shreyas Cinema, Ghatkopar
West, Mumbai Mh 400084 India.
14. Confidential Information

You will not, at any time, without the consent of the Company disclose or divulge or
make public except under legal obligation, any information regarding Company’s affairs
of administration or research carried out, whether the same may be confided to you or
become known to you, in the course of your service or otherwise.

15. Contract/Bond with Previous Employers.

It will be your personal responsibility to discharge all obligations arising out of any
contract or bond with previous employers.

16. On termination

On termination of this contract, you will immediately give up to the Company all
correspondence, specifications, formulae, books, documents, market data, cost data,
literature, drawings, effect or records, etc. belonging to the Company or relating to its
business and shall not make or retain any copies of these items.

17. General

The above terms and conditions are based on Company Policy, Procedures and other
Rules and Regulations currently applicable to the Company’s employees and are subject
to amendments and adjustments from time to time.
Please communicate your acceptance of this appointment by signing a copy of this letter
and returning it to us.

We welcome you to the SALASAR ADVERTISING PVT. LTD. family and trust we will
have a long and mutually rewarding association.

Yours faithfully,

SALASAR ADVERTISING PVT. LTD.

Office No.: 513, 5th Floor Goldcrest Business Park, Lbs Marg, Opp. Shreyas Cinema, Ghatkopar
West, Mumbai Mh 400084 India.
 III. Appointment Letter- Contract
REF NO: SALASAR ADVERTISING PVT. LTD./LOGISTICS/5843/OFFER NO.2012.

01/01/2020

Mr. Dinesh Dalvi.

.
Subject: LOGISTICS As Of Logistic Manager Post.

Dear Mr. Dalvi,

This has reference to your application and subsequent interviews you have had with us.
We are pleased to offer you a Consultancy assignment in our SALASAR ADVERTISING
PVT. LTD. based at Ghatkopar West, with effect from 01/01/2020, on the following
terms and conditions.

The Company undertakes Pan INDIA at various locations and you are being engaged for
the LOGISTICS As Of Operations Manager, based at Ghatkopar West, on the following
terms & conditions:

Scope of Work.

You will be responsible for:

LOGISTICS Key Responsibility Area 1, Area 2 etc...
Management reserves the right of changing the scope of your work or your posting
based on business exigencies.
A. Terms
1. This contract will be valid for Infinities with effect from 01/01/2020 or on
completion of 30yrs, whichever is earlier.

2. You would be paid monthly Salary of Rs. 45,000/- (Rupees in words Forty Five
Thousand Only) per month subject to TDS.

3. Inland Travel: You will be entitled for Rs. 1/- to 3,00,000/- or equivalent for
Business travels. You would or Would not stay at company transit houses wherever
available. You would be paid a daily boarding allowance of Rs.700/- from which
expenses towards meals would be deducted. If you stay with relatives or friends
you would be paid an additional amount of Rs. 1,200/- per day. If required to stay
in hotel the daily limit for reimbursement would be Rs. 2,500/-

4. You would be reimbursed the cost of any official long distance calls made by you
upon submission of bills.

5. You are expected to work for 300 days in a year and you should inform your non
availability in advance.

6. During the course of your employment with SALASAR ADVERTISING PVT. LTD.,
you will be required to abide by SALASAR ADVERTISING PVT. LTD., code of
conduct as detailed out in Annexure A. Non-compliance to the code of conduct will
lead to termination without notice and the management may (depending on the
nature of violation) proceed with legal lawsuit.

Office No.: 513, 5th Floor Goldcrest Business Park, Lbs Marg, Opp. Shreyas Cinema, Ghatkopar
West, Mumbai Mh 400084 India.
The contract may be terminated with one month’s notice from either side or on payment
of one months salary. The period will be 3 months for senior personnel like sales
Head, Operations Head, Operations Manager.

B. Confidentiality of Information
1. You will not divulge information about the company, customer, and progress of the
project to any outsider without prior approval from your supervising manager.

2. You will not undertake similar assignments from competitors of the SALASAR
ADVERTISING PVT. LTD., during the course of this contract.

You will take utmost care during the course of this contract in handling business
information of sensitive nature to maintain its secrecy.

C. Reporting
You are required to inform the progress of your work to Priti Singh.

Kindly communicate your acceptance of this contract by signing a copy of this letter and
returning it to us.

Thanking you.

Yours sincerely
For SALASAR ADVERTISING PVT. LTD.

Manager – Rohit Sharma.

Accepted by : Dinesh Dalvi.

Signature of the Candidate : ______________________________.

Date: 01/01/2020

Location: Mumbai – Ghatkopar West

Office No.: 513, 5th Floor Goldcrest Business Park, Lbs Marg, Opp. Shreyas Cinema, Ghatkopar
West, Mumbai Mh 400084 India.
 IV. Confirmation Letter
REF NO: SALASAR ADVERTISING PVT. LTD./LOGISTICS/5843/OFFER NO.2012.

03/04/2020

Mr. Dinesh Dalvi,

Room No.4, Shiv Baba Sing Chawl,
Hari Nagar, VTC , Jogeshwari East,
Mumbai - 400060.

Dear Mr. Dalvi,

Consequent to your probation review for the period 1st January 2020 to 31st March
2020, we are pleased to confirm your services in the organization w.e.f SALASAR
ADVERTISING PVT. LTD.

You will now be entitled for mention Benefits / Allowances if any. All other terms
and conditions as detailed in your appointment letter remain unchanged.

We look forward to your valuable contributions and wish you all the very best for a
rewarding career with SALASAR ADVERTISING PVT. LTD..

Note: Please sign the duplicate copy of this letter as a token of acceptance of the
same.

For,
SALASAR ADVERTISING PVT. LTD.

Rohit Sharma,
Manager.

Office No.: 513, 5th Floor Goldcrest Business Park, Lbs Marg, Opp. Shreyas Cinema, Ghatkopar
West, Mumbai Mh 400084 India.
To,
Mr. Dinesh Dalvi,
Logistic Manager,
1st January 2020.

Schedule I - Compensation Details

Salary Structure

Basic Salary 12000

Conveyance allowance 9100

Medical allowance 2000

House rent allowance 7500

Additional Benefits 5400

Performance incentive 5000

PF Contribution 550

ESI Contribution 450

Stock Option 3000

Total 45000

Net Total (Total-PF-ESI) 44000

Note: You will receive salary, and all other benefits forming part of your
remuneration package subject to, and after, deduction of tax at source in
accordance with applicable law.

Office No.: 513, 5th Floor Goldcrest Business Park, Lbs Marg, Opp. Shreyas Cinema, Ghatkopar
West, Mumbai Mh 400084 India.
 Schedule II - Employee Duties & Responsibilities

Duties:
For,
SALASAR ADVERTISING PVT. LTD.

___________________________

Responsibilities:
Dinesh Dalvi,
Logistic Manager.

___________________________
Thank You.

Office No.: 513, 5th Floor Goldcrest Business Park, Lbs Marg, Opp. Shreyas Cinema, Ghatkopar
West, Mumbai Mh 400084 India.