27­Dec­21

Gulam Ghouse
S/O Md Sharfuddin
22B, Kabi Mohalla, Nawadih.
Road, Aurangabad
Bihar 824101

Dear Gulam,
Letter of Appointment

With reference to our recent discussions regarding your possible employment with Care Health
Insurance Limited, hereafter referred to as the Company, we are pleased to offer you the position of
Digital Agency Manager on the following terms and conditions defined herein:

1. Date of Joining: Your appointment will be effective from 03­Jan­22 or any other date mutually
agreed upon in writing.

2. Place of work: Your place of work is Noida Sector­6 .Your place of work may be changed to any
other location within India / any group Company, as directed by the Company from time to time. In
addition, in performance of your duties for the company, you may be required to travel within and/or
outside.

3. Reporting: You will report to Team Leader ­ E Agency or any other designate person as specified
by the Company from time to time.

4. Remuneration: Your annual compensation package on a Total Fixed Cost (TFC) basis is Rs.
500000 (Rupees 5 Lakh(s) Only ). This amount will include basic salary, taxable and non­taxable
allowances & benefits, and other payments, payable as per the designate acts. Annexure 1 provides your
compensation break­up, as per the applicable Compensation Structure.
5. Medical: You may be required to undergo medical examination by a Company appointed medical
practitioner as and when directed by the Company and to comply with rules and instructions in the matter.
Your services may be terminated without notice if the Company considers you unsuitable for retention in
service on medical grounds.

6. Group Insurance: You will be covered under the Group Personal Accident Insurance, Group Life
Insurance and Hospitalization Insurance/ Employee’s State Insurance Corporation (as applicable) in
accordance with company’s policy.

7. Hours of Work: Your hours of work will be in line with the needs of your role/function, in accordance
with the company policy and provisions of applicable laws

8. Probation: You will work on probation for a period of six months from the date of joining. This may
be extended at the discretion of the Company and you will continue to be on probation till a confirmation
letter has been issued to you in writing. During your probation or thereafter, you shall undertake such
studies /vocational courses as may be required by Company / your superiors. You may also be required
to take such examinations / obtain such certifications as the Company / your superiors may require from
time to time, and your confirmation / promotions/ salary enhancements etc. may be linked to your having
successfully cleared the required examinations / certifications &/or successfully undergone required
studies.

9. Age of Retirement: Your age of retirement will be 58 years and you shall stand relieved on retirement
at the end of the month in which you attain the age of 58 years.

10. Whole Time and Attention: During your employment with the Company you shall devote your best
efforts for promoting the Company’s (and of any other relevant Group Company, affiliate and/ or business
associate of the Company) business and may not without prior written consent of the Company(and
subject to any terms and conditions the Company may impose) engage or be interested (directly or
indirectly) in any other business or employment.

11.Leave: In addition to public holidays observed by the Company, you shall be entitled to a paid annual
leave for each calendar year in accordance with the existing leave policy, prorated from your date of
joining. The Company is covered by the Maternity Benefit Act, 1961 and the eligible employees will be
entitled to the benefits like maternity leave as per the amended provisions of the Maternity Benefit Act
save and except those who are covered by ESI Act since they will be entitled to the benefits as per the
applicable said Act.

12.Confidentiality: You shall not during the course of your employment with the Company or any time
thereafter, use or disclose to any other Company, firm or person, any of the business or affairs of the
Company, nor shall you without the consent of the Company, publish any book, booklet, brochure or any
other publication, whether for remuneration or otherwise, relating to the affairs of the Company or to your
work in the Company. You shall also not disclose to any public papers, journals, pamphlets or leaflets, or
cause to be disclosed at any time, information or documents, official or otherwise relating to the Company
or its subsidiaries, except with prior approval.

13.Disclosure: You (including on behalf of your family) shall disclose to the Company all your business
interests and any material transaction(s) with the Company (and with any other relevant Group Company,
affiliate and/ or any subsidiary of the Company), whether or not they are similar to or in conflict with the
business(es) or activities of the Company (and with any other relevant Group Company, affiliate and/ or
13.Disclosure: You (including on behalf of your family) shall disclose to the Company all your business
interests and any material transaction(s) with the Company (and with any other relevant Group Company,
affiliate and/ or any subsidiary of the Company), whether or not they are similar to or in conflict with the
business(es) or activities of the Company (and with any other relevant Group Company, affiliate and/ or
any subsidiary of the Company), and all circumstances in respect thereof and whether there is, or might
be, a conflict of interest between the Company (and with any other relevant Group Company, affiliate
and/ or any subsidiary of the Company) and you (and/or your family) during the period of your
employment with the Company and for a period of 12 months after cessation of your employment.

14.Company Policies: You will be governed by the Company’s policies, as applicable at your grade.
The Company reserves the right to amend the policies from time to time. You are advised to keep
yourself updated on these policies which are available online.

15.Return of Company Property:You shall promptly upon request by the Company and in any event
upon the termination of your employment deliver to the Company all monies, securities, other properties
belonging to the company, all lists of clients or customers, correspondence and all other documents,
papers and records in whatever form including but not limited to electronically held data containing or
referring to any trade secrets or confidential information concerning the business of the Company and any
Group Company which may have been prepared by you or come into your possession, custody or
control in the course of your employment including any prior employment with any Group Company. You
shall not keep any copies of these items.

16.Monitoring Policy: As per Company Policy, telephone conversations of employees may be recorded
and monitored for the purpose of creating record of transactions, and for compliance purposes. Any
recordings will be stored securely, and will not be disclosed outside the group companies, except as
required by law.
Further please note that the emails sent to you and by you may be monitored, from time to time, for the
purposes of identifying any non­compliance with company policies, or applicable laws.
If such monitoring discloses any breaches of any law or company policies disciplinary action may follow,
including termination from the employment.

17.Intellectual Property: Subject to any relevant legislation, if at any time in the course of your
employment you make or discover or participate in the making or discovery of any letters patent, trade
marks, service marks, designs, copyrights, inventions, drawings, computer programs, know­how and
rights of like nature however arising and whether registered or unregistered (“intellectual property”)
relating to or capable of being used in the Company (and of any other relevant Group Company, affiliate
and/ or business associate of the Company) you shall immediately disclose full details thereof to the
Company and, at the request and expense of the Company, you shall do all things which may be
necessary or desirable for obtaining appropriate forms of protection for such intellectual property in such
parts of the world as may be specified by the Company and for vesting all rights in the same in the
Company or its nominee.

All rights and obligations under this paragraph in respect of intellectual property made or discovered by
you during your employment shall continue in full force and effect after the termination of your employment
and shall be binding upon your personal representatives
The employee shall not disclose to anyone, directly or indirectly, except when the duties may require,
during or subsequent to the term of employment, any trade secret or confidential information regarding
Company’s business. Trade Secrets and Confidential information for this purpose shall include, but not
limited to, product information, process information, customer lists, employee details, company policies
and procedures and financial information ( including results, budgets and other financial plans and
systems).

18. Notice Period: In case either the employer or the employee wishes to terminate the employment
systems).

18. Notice Period: In case either the employer or the employee wishes to terminate the employment
contract, a notice of 90 days should be served in writing by the party who wishes to terminate the
contract to the other party. The Company depending on the business context and its sole discretion may
allow you to pay the equivalent of the Total Fixed Cost (TFC) (e xcluding gratuity and GMC if
applicable) amount in lieu of any period and / or adjust notice period against your leave balance subject
to satisfactory handing over of the charges to your superior.

Notice period during probation would be 7 days or equivalent of the TFC (excluding gratuity) in lieu of
notice.

19. Termination: 1. If any time during the course of your employment it is found that you have made a
false or an incomplete declaration as regards to your qualifications/ experience and other details, your
appointment will be treated void ab initio and you shall cease to be on the rolls of the company with
immediate effect. In that case you shall not be entitled to any notice period or payment in lieu thereof.

2. If any time during the course of your employment it is found that you have:

a. committed any act of gross misconduct; or

b. committed any serious breach or repeated or continued a material breach of the terms of your
employment; or

c. been guilty of conduct tending to bring yourself or the company into disrepute; or

d. been convicted of a criminal offence, other than a road traffic offence for which you are not sentenced
to a term of imprisonment whether immediate or suspended; or

e. become bankrupt or made any arrangement or composition with or for the benefit of your creditors; or

f. cease to hold the qualifications necessary for you to carry out your work with the company; or

g. been found in an act of moral turpitude or having indulged in violations laws as applicable in general to
the Company; or

h. been absent for a continuous period of 14 days (including absence when leave though applied for, is not
granted or when you overstay period of sanctioned leave by 14 days); or

i. provided false, inaccurate or incomplete information to the company regarding your background and/or
previous employment.

j. been found inefficient or lower performer as compared to other employees of your category.

In all such aforementioned cases you shall not be entitled to any notice period or payment in lieu thereof.

20. Non Solicitation: You shall not at any time during the term of your employment with the Company or
thereafter for a period of six months after cessation of your employment, directly or indirectly solicit the
Company’s (and any other relevant Group Company’s, affiliate’s and/ or any subsidiary of the Company)
personnel to leave the employment of the Company (and any other relevant Group Company’s, affiliate’s
and/ or any subsidiary of the Company) or apply for employment with any third party or encourage such
personnel of the Company (and any other relevant Group Company’s, affiliate’s and/ or any subsidiary of
the Company) to take any action or inaction that may adversely impact the performance or reputation of
the Company (and any other relevant Group Company’s, affiliate’s and/ or any subsidiary of the
Company) of its obligations under this Letter of Appointment and / or any other contract or adversely
personnel of the Company (and any other relevant Group Company’s, affiliate’s and/ or any subsidiary of
the Company) to take any action or inaction that may adversely impact the performance or reputation of
the Company (and any other relevant Group Company’s, affiliate’s and/ or any subsidiary of the
Company) of its obligations under this Letter of Appointment and / or any other contract or adversely
impact the ability of the Company (and any other relevant Group Company’s, affiliate’s and/ or any
subsidiary of the Company) to carry out its normal business activities.

21. Others: 1. It will be obligatory on your part to ensure compliance to the applicable statutes,
regulations and requirements laid down by the Company, JV partners various regulatory and statutory
bodies .

2. In the event of you being found acting in breach of your terms of appointment or indulged in an act of
misconduct or an act that has brought disrepute to the organization, you shall render yourself liable for a
disciplinary action as per the rules as applicable .

3. Clause headings do not form part or affect the interpretation of this letter of appointment.

22. Joining Formalities: As part of the joining formalities, you are requested to bring the following
documents with you on the day of joining:

1. 3 Passport size photographs on red background (for branch offices red is not mandatory).

2. Copies of all years mark sheets of the highest qualification/Degree certificate

3. Copy of previous employer Salary Slip

4. Copy of Relieving Letter / Endorsed Resignation letter.

5. Copy of Address proof (any one) :­Ration Card/ Utility Bills/ Driving License/ Passport/ Affidavit

6. Copy of PAN Card

7. Copy of AADHAR Card

We take this opportunity to congratulate you on your selection and look forward to a long and mutually
beneficial professional association.

For Care Health Insurance Limited

(formerly known as Religare Health Insurance Company Limited)

Rashi Ramani Accepted and agreed by Gulam Ghouse

Head ­ Talent Acquisition & Talent Management

Annexure: 1

Per Annum Per Month

BASIC 166584 13882
ALLOWANCES
House Rent Allowance 83292 6941
MONTHLY GROSS * 21766
BENEFITS:CONTRIBUTION BY ORGANISATION
Statutory Bonus 11316 943
Provident Fund 19992 1666
Gratuity 8016 668
GMC 10800 900
TOTAL FIXED COST(TFC) 300000

* The following amount will be deducted from your monthly gross as your contribution towards
statutory benefits
PF ­ 1666

** Leave Travel Allowance or Medical Allowance (if applicable) will be paid as monthly
components
*** Gratuity(if applicable) ­ As per Gratuity Act, payable only after completion of 5 continuous
years of service in organization.

Participation in Incentive/Bonus Schemes You are eligible to participate in the Company’s

Annual Incentive/Bonus Plan subject to the terms and conditions of such Plan and any
amendments as may be made from time to time.

Deductions The Company may during your employment, or on termination for whatever reason,
deduct from your remuneration any monies due from you to the Company including but not limited
to:
Any overpayment of salary or expenses or payment made to you by mistake or
misrepresentation; and/or
Any outstanding loans or advances made to you by the Company; and/or
Amounts equal in sum to the amount of any secret/illegitimate profits that you make from the
Company’s business/interests; and/or
Any debt owed by you to the Company; and/or
Any other deductions permitted under applicable law including Tax.