25th April2025
PERSONAL & CONFIDENTIAL
Dear V Raj Kumar,
We are pleased to extend you an offer to join Cantik Technologies Private Limited on the post of
Asset Executive under Career Band B2 category.
This letter broadly covers the terms of employment by CANTIK TECHNOLOGIES PRIVATE LIMITED.
Your employment is contingent on your ability to furnish employment eligibility documentation as
required by law. However, if considered expedient and necessary, we may conduct background checks
on you on our own or through a third party. You hereby consent to any such background checks and
undertake to co-operate if so, requested by us. We look forward to your joining and helping us grow
the Company's business!
Date of Joining: 28th April 2025
The terms of your employment are as follows:
1. Working Hours: You will observe the working hours as may be applicable to your category of
employees and location of posting.
2. Fulfillment Obligation: Any cash bonuses or other expenses paid prior to normal salary periods
are recoverable by the Company for the first 90 days of employment, should you terminate your
employment without cause.
3. Confidentiality, CEBC, NDA and conflict of interest: Your employment is conditioned upon your
execution of Confidentiality, CEBC, NDA and conflict of interest Agreements and agreement to abide
by the terms and conditions of those Agreements. Failure to abide by the terms of the Agreements
may result in your dismissal, and you are subject to their terms even after the termination of your
employment.
4. Location & Transfer: The Company may, after giving you reasonable notice, transfer or assign your
services to any place of business of the Company that may presently be operating, or which may
subsequently be acquired or established, in any part of India or abroad.
You will be liable to transfer 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. In such case, you will be governed by the terms and conditions of service
applicable to the new assignment.
5. Probation, Confirmation & Termination:
a) In case you leave the organization within the first 10 days of your employment or company
finds issues with your fitment, company will not be liable to pay any salary or expenses to you.
b) You shall serve a probationary period of 6 calendar months of continuous service from the
date of joining. The Company may in its sole discretion extend the probation period based on
your performance, conduct and/or other factors as the company may deem fit.
c) During probation and upon confirmation of employment, you may resign from employment
by giving to the Company 60 days’ notice in writing or salary in lieu thereof; provided that the
CANTIK TECHNOLOGIES PRIVATE LIMITED
Registered Add.: Flat No. E501, 5th Floor, Design arch Homes, Plot No HRA 8, UPSIDC housing Solapur Site C
(Extn) Phase – 2, Gautam Buddha Nagar (UP)– 201306
Corporate Add.: 319, JMD Megapolis, Sector – 48, Sohna Road, Gurugram, Haryana 122018
CIN: U72900UP2017PTC095257 |Ph.: 0124-4043461|[Link] |Mail Id: info@[Link]
Company in its sole discretion will have an option to accept the same and
relieve the Employee prior to completion of the stipulated notice period of
60 days, without any pay in lieu of the notice period.
d) Once the probation period is completed, you shall be a confirmed employee, and the company
shall be entitled to terminate your employment without cause at any time by giving you 60
calendar days’ notice or in its sole discretion relieve the Employee prior to completion of the
stipulated notice period of 60 days, without any pay in lieu of the notice period.
e) You are bound to provide the company with 60 calendar days’ notice period from the day next
to resignation. The Company in its sole discretion will have an option to accept the same and
relieve the Employee prior to completion of the stipulated notice period of 60 days, without
any pay in lieu of the notice period.
f) If at any time, in the opinion of the management of the Company, which shall be final and
binding, the Employee is involved in or is accused of or is guilty of dishonesty, negligence or
indiscipline in discharge of the Employee’s duties or of any other conduct, act or omission
considered by the management of the Company to be detrimental to the interests of the
Company, or in violation of one or more terms of this Agreement or any terms, policies,
guidelines, conditions or agreements incorporated by reference in this Agreement, the
Employee’s relationship and employment with the Company shall be liable to be terminated
with immediate effect, without any prior notice or payment of salary in lieu thereof.
g) In the event of a project ramp down, the Employer reserves the right, at its sole discretion, to
release you from services without prior notice or payment in lieu of notice. This includes but
is not limited to: Reduction or cancellation of projects, Changes in client requirements, -
Business restructuring or realignment. Upon such release return all company property,
equipment, and documents, cooperate in the transition of your responsibilities and be bound
by the confidentiality and non-disclosure obligations as outlined in this agreement
h) PERFORMANCE/BEHAVIOUR IMPROVEMENT PLAN (PIP) AND NOTICE PERIOD: If your
performance or behavior falls below the expected standards, the Company reserves the right
to place you on a Performance Improvement Plan (PIP). The duration of the PIP shall be
considered as your notice period. If, despite being on the PIP, your performance or behavior
does not improve to the required standards, the Company may terminate your employment
with effect from the last day of the duration of the Performance Improvement Plan (PIP). The
last day of the notice period/ Performance Improvement Plan (PIP) shall be considered as your
last working day, without any pay in lieu of the notice period.
i) Unauthorized absence or absence without permission from duty on the part of the Employee
shall entitle the Company to terminate this Agreement forthwith without prejudice to the
Company’s right available under the applicable laws to initiate legal action against the
Employee including without limitation to recover any damages from the Employee.
j) During the notice period you shall not be entitled to any paid or unpaid leave and the notice
period cannot be adjusted by any accrued leave. Further in case of any leave the notice period
shall be extended accordingly. The decision to waive the notice period lies at the sole
discretion of the Company.
CANTIK TECHNOLOGIES PRIVATE LIMITED
Registered Add.: Flat No. E501, 5th Floor, Design arch Homes, Plot No HRA 8, UPSIDC housing Solapur Site C
(Extn) Phase – 2, Gautam Buddha Nagar (UP)– 201306
Corporate Add.: 319, JMD Megapolis, Sector – 48, Sohna Road, Gurugram, Haryana 122018
CIN: U72900UP2017PTC095257 |Ph.: 0124-4043461|[Link] |Mail Id: info@[Link]
6. Confidentiality & Non-Compete and Non-Solicitation: You certify not to share
your salary or any company details along with not joining any competitor as an
employee or contractor or solicit any employee from the company.
7. Term: The Company may terminate your employment for cause with immediate effect at any time.
No salary or allowances will be paid for any period if you are terminated for cause like integrity, COBC,
Sexual harassment or non- compliance to company policies rolled out from time to time.
8. Salary: Refer annexure – B for salary details.
9. “Employee Agreement”: To protect the interests of the Company, you will need to sign the
Company's standard Terms & Conditions of Employment (attached as annexure A), invention
assignment agreement, Cantik Technologies Private Limited. Confidentiality Agreement and conflict
of interest agreement (collectively, the “Employee Agreements”) as a condition of your employment.
You represent that your signing of this offer letter, and the Employee Agreements and your
commencement of employment with the Company will not breach any agreement currently in place
between yourself and current or past employers and further the Company reserves a right to withdraw
this offer letter without giving any prior notice before the date of joining on the sole discretion of the
company.
Please confirm that this letter sets forth the terms of your employment with the Company by
countersigning a copy of this letter below. Your signature below indicates that you fully understand
the terms of your employment with the Company and that you enter this Agreement knowingly and
of your own accord.
Sincerely,
------------------------------- ------------------------
Authorized Signatory V Raj Kumar
CANTIK TECHNOLOGIES PRIVATE LIMITED
Registered Add.: Flat No. E501, 5th Floor, Design arch Homes, Plot No HRA 8, UPSIDC housing Solapur Site C
(Extn) Phase – 2, Gautam Buddha Nagar (UP)– 201306
Corporate Add.: 319, JMD Megapolis, Sector – 48, Sohna Road, Gurugram, Haryana 122018
CIN: U72900UP2017PTC095257 |Ph.: 0124-4043461|[Link] |Mail Id: info@[Link]
Annexure A
Terms & Conditions of Employment
1. During the term of your employment with Cantik Technologies Private Limited, you may not engage
in any employment or act in any way, which either conflicts with your duties and obligations to Cantik
Technologies Private Limited or is contrary to the policies or the interests of Cantik Technologies
Private Limited.
2. During the term of your employment with Cantik Technologies Private Limited, you are required to
disclose all material and relevant information, which may either affect your employment with Cantik
Technologies Private Limited currently or in the future or may be in conflict with the terms of your
employment with Cantik Technologies Private Limited, either directly or indirectly. If at any time
during your employment, if Cantik Technologies Private Limited becomes aware that you have
suppressed any material or relevant information required to be disclosed by you, Cantik Technologies
Private Limited reserves the right to forthwith terminate your employment without any notice and
without any obligation or liability to pay any remuneration or other dues to you irrespective of the
period that you may have been employed by Cantik Technologies Private Limited.
3. You agree to conform to and comply with Cantik Technologies Private Limited’s Policy and other
directions and guidelines which Cantik Technologies Private Limited may from time to time give as per
its own discretion.
4. Notwithstanding anything mentioned in this Agreement, Cantik Technologies Private Limited may
terminate your employment, with immediate effect by a notice in writing (without salary in lieu of
notice), in the event of your misconduct, including but not limited to, fraudulent, dishonest or
undisciplined conduct of, or breach of integrity, or embezzlement, or misappropriation or misuse by
you of Cantik Technologies Private Limited’s property, or insubordination or failure to comply with the
directions given to you by persons so authorized, or your insolvency or conviction for any offence
involving moral turpitude, or breach by you of any terms of this Agreement or Cantik Technologies
Private Limited Policy or other documents or directions of Cantik Technologies Private Limited, or
irregularity in attendance, or your unauthorized absence of from the place of work for more than five
(5) working days, or closure of the business of Cantik Technologies Private Limited, or redundancy of
your post in Cantik Technologies Private Limited, or upon you conducting yourself in a manner which
is regarded by Cantik Technologies Private Limited as prejudicial to its own interests or to the interests
of its clients .
5. Notwithstanding anything aforesaid, termination by you shall be subject to the satisfactory
completion of all your existing duties, obligations, and projects.
6. At the time of termination of your employment, if there are any dues from you, the same may be
adjusted against any money due to you from Cantik Technologies Private Limited on account of salary,
bonus or any other such payments.
CANTIK TECHNOLOGIES PRIVATE LIMITED
Registered Add.: Flat No. E501, 5th Floor, Design arch Homes, Plot No HRA 8, UPSIDC housing Solapur Site C
(Extn) Phase – 2, Gautam Buddha Nagar (UP)– 201306
Corporate Add.: 319, JMD Megapolis, Sector – 48, Sohna Road, Gurugram, Haryana 122018
CIN: U72900UP2017PTC095257 |Ph.: 0124-4043461|[Link] |Mail Id: info@[Link]
Annexure A – Contd.
7. You agree that the laws of India shall govern the interpretation and enforcement of this Agreement
and the provisions of the Indian Arbitration and Conciliation Act, 1996, shall govern all disputes under
this Agreement. The venue for arbitration will be Gurugram (Haryana).
This is to certify that I have read this Agreement and understood all the terms and conditions
mentioned therein and I hereby accept and agree to abide by them.
-------------------
V Raj Kumar
CANTIK TECHNOLOGIES PRIVATE LIMITED
Registered Add.: Flat No. E501, 5th Floor, Design arch Homes, Plot No HRA 8, UPSIDC housing Solapur Site C
(Extn) Phase – 2, Gautam Buddha Nagar (UP)– 201306
Corporate Add.: 319, JMD Megapolis, Sector – 48, Sohna Road, Gurugram, Haryana 122018
CIN: U72900UP2017PTC095257 |Ph.: 0124-4043461|[Link] |Mail Id: info@[Link]
Annexure B
Name V Raj Kumar
Designation Asset Executive
Band Band B2
Department Service Delivery
Fixed
Components Annual Monthly
Basic 312,000 26,000
HRA 46,800 3,900
Flexible Benefit Plan 62,400 5,200
Special Allowance 54,600 4,550
Gross Salary 475,800 39,650
Employee Deductions
PF Employee Contribution 21,600 1,800
LWF Employee 420 35
Group Mediclaim 7,560 630
Life Insurance 1,800 150
Accidental Insurance 120 10
Total Deductions 31,500 2,625
In Hand Salary 444,300 37,025
Company Contributions
LWF Employer 840 70
PF Employer Contribution 21,600 1,800
PF Administration Charges 1,800 150
Total Employer contribution 24,240 2,020
CTC
500,040 41,670
Note: -
• CTC is subject to applicable tax deductions.
• Employer and employee’s contribution to all Statutory compliance will be deducted from
CTC.
• The Performance Linked Incentive, if applicable, shall be paid as per company policy and is
subject to change at the discretion of the management and/or company/project
performance.
• Accident Insurance (including Personal Accident Insurance) cover will be Rs.5,00,000/-
• Group Life Insurance cover will be Rs 15,00,000/-
• Premium for Insurances is subjected to change as per changes in charges from Insurance
Company
• Salary due/payable for a month is paid on the 7th of the following month.
• Please note that your compensation is personal to you, and you are requested not to share
details of the same with others.
For Cantik Technologies Private Limited
Team HR
CANTIK TECHNOLOGIES PRIVATE LIMITED
Registered Add.: Flat No. E501, 5th Floor, Design arch Homes, Plot No HRA 8, UPSIDC housing Solapur Site C
(Extn) Phase – 2, Gautam Buddha Nagar (UP)– 201306
Corporate Add.: 319, JMD Megapolis, Sector – 48, Sohna Road, Gurugram, Haryana 122018
CIN: U72900UP2017PTC095257 |Ph.: 0124-4043461|[Link] |Mail Id: info@[Link]