CONFIDENTIAL

JKMIPL/HO/HR/2014

Mr. Mohit Sharma

Sub: Appointment for the position of Manager Sales

Dear Mr. Mohit Sharma

Please refer to your application for employment with us and your subsequent interview, we are pleased to
appoint you in our organization on the following terms and conditions with effect from 1st January 2014.
You would be posted at Delhi NCR.

1. DESIGNATION
You will be designated as Manager Sales in M-1B in our Ready Mix Concrete segment and
posted at Delhi NCR.

2. ROLE AND RESPONSIBILITIES

You will perform such Role and be responsible for such responsibilities as assigned to you by the
Management from time to time.

3. STANDARD OF PERFORMANCE
You commit yourself to devote your entire time for the assigned responsibilities so as to
accomplish the given tasks and achieving the objectives within the agreed time frame with
expected quality and efficiency standards. As a part of performance standard, you also commit to
observe and maintain best standard of behavior, discipline and work ethics, while following Rules
and Regulations of the Company as are in force and /or amended from time to time.

4. MONTHLY COMPENSATION AND BENEFITS

You will be entitled to such Compensation and Benefit as are given in the annexure.

5. MEDICAL EXAMINATION
The company reserves the rights to get you medically examined periodically. Your employment
will be liable for termination if the company finds it necessary to do so on the ground of your being
medically unfit at any time.
6. PROBATION PERIOD
You will be on probation for a period of six months from the date of your joining. The
Management may, at its sole discretion, extend your Probationary period for such term as
considered appropriate. You will continue to be on probation until a communication of
confirmation is issued to you in writing. During the period of probation, the appointment is
terminable either by company or by you by giving fifteen days (15 days), notice or payment in lieu
thereof.

7. NOTICE PERIOD
After Confirmation, your services are liable for termination, without assigning any reason, on one
months notice in writing on either side or basic pay in lieu thereof.

The company reserves the right to pay or recover salary in lieu of notice period. On receiving
notice, if in the opinion of the company it is prejudicial to its interest to continue employment
during the notice period, the company may act its discretion relieve you before expiry of the
notice period and is not bound to give any reason thereof.

8. LEAVE
You will be entitled as per company rules from time to time privilege, sick and casual leaves as
may be applicable to your category of employees.

9. TRANSFER
You will be liable to be transferred in such capacity as the company may from time to time
determine, to any other location, department, establishment, factory or branch of the company or
its affiliate, associate or subsidiary companies subject to the provision that your remuneration will
not be adversely affected. In such case, you will be governed by the terms and conditions of
service applicable to the new assignment.

10. OTHER WORK

Your services are on full time employment with the company and you shall 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 in advisory capacity or be interested directly or indirectly (except
as shareholder or debenture holder) in any other trade or business during the employment with
the company without written permission of the management.

11. TRAVEL
You will be required to undertake travel on company work and you will be paid travel expenses
for this as per the company rules.

12. CONFIDENTIAL INFORMATION

You will not disclose or divulge or make public to any unauthorized person except on legal
obligation, nor use for any purpose other than the companys work during any employment with
us or thereafter any information concerning the companys (or its associates) interests, operation,
 plan, know-how, etc. that you may come to know as an employee of the company, failing which
the company can initiate necessary disciplinary action as deemed fit as per the rule of the
company.

13. PROTECTION OF INTEREST

If you conceive any new or advanced methods of improving processes/formulae/systems in
relation to the operation of the company during the course of employment with us, such
developments will be fully communicated to the company and will be and remain the sole
right/property of the company.

14. PAST RECORD

If any declaration given or furnished by you to the company proves to be false or if you are found
to have willfully suppressed any material information, in such case, you will be liable to removal
from service without any notice.

15. COMPLIANCE OF SECTION 314 OF THE COMPANIES ACT, 1956

This appointment is subject to your not being a relative of a director of the company within the
meaning of Section 314 of the Companies Act, 1956. In case, in future, you happen to be related
to any of the members of the Board of Directors of the company, you shall intimate the same to
the management in writing and continuance of your employment thereafter shall be on the
compliance provisions of section 314 of the Companies Act, 1956.

16. TRAINING
If you are sent for training abroad, you will have to sign a bond for the period and amount which
will be decided by the company depending on the period of training, travel and other expenses
incurred.

17. AGE OF SUPERANNUATION/RETIREMENT

Your age of superannuation will be sixty years and on attaining the same, you will stand retired
from the services of the Company.

18. ON SEPARATION
On acceptance of resignation or termination of appointment, you will be obliged to:

a) Handover charge of your responsibilities in the manner required to such person as nominated by
the Company.
b) Return to the company all correspondence, specifications, formulae, books, documents, cost
data, market data, literature, drawings, software/hardware, effects etc. before you are relieved,
and shall not make or retain any copies of these items.
c) Vacate the residential accommodation provided by the company in the campus or outside, and to
handover the vehicle, furniture and all other properties of the company before you are relieved.
19. GENERAL
It will be your responsibility to go through all the Policies, Processes, Rules and Regulations of
the company, and keep yourself with the same regularly for requisite observance.
Your appointment is governed by companys policies and rules as applicable from time to time.

For any dispute, the local court has the jurisdiction.

Since, you are in the Executive category, you will not be governed by any Rules and Regulations,
which are / may be applicable to workmen category including the workmen compensation.

You will not receive any presents, gifts, commissions, loans, advances or sort of gratification or
benefit in cash or kind from any person, party or firm or company having dealings or any
connection with the company.

Please confirm the above terms and conditions are acceptable to you by signing a copy of this letter of
appointment.

We welcome you to JKM Group and wish you all the best in your career with us.

Thanking You,

Yours faithfully
For J.K.M. Infracon Private Limited

Authorized Signatory

I agree to accept to employment on the terms and conditions mentioned in the above letter.

Date:

Signature: