Date: 17th Jan 2014

To,

Mr. Jayswal Hemant R.,

Manager – Business Development,

Ahmedabad Sales Office.

Letter of Increment

Dear Hemant,

In recongnition of the efforts put in by you last year and basis the

recommendation by your seniors, we are pleased to award you a sun of Rs.

3604/- per month as your performance increment in your CTC with effect from 1St

Jan 14.

Now, Your CTC stands revised at RS.305400/- per annum, the detils of your

increased remuneration package are enclosed herewith for your reference and

record.

The Salary is a confidential governing your employment with the organization will

remain unchanged.

We are sure that You, as a proud member of “Team Ceasefire” will put in your

well – directed and focused efforts with renewed zeal & passion.

Congratulation once again & Best wishes from Team Ceasefire for your future

endeavor.

For Ceasefire Industries Ltd.

(Authorised Signatory)

COMPENSATION & BENEFITS STACK-UP

JAYSWAL HEMANT R.

MANAGER – BUSINESS DEVELOPMENT

AHMEDABAD SALES OFFICE

Revised Salary Package W.E.F 1st Jan 2014

Components of Monthly Salary Rs

(Per Month )

Rs

(Per Annum )

Basic Salary 6000 72000

House Rent Allowance 3000 36000

City Compensatory Allowance 2400 28800

Transport Allowance 1450 17400

Total – A 12850 154200

B: Annual & Retiral Benefits . .

Ex-Gratia*** 500 6000

Gratuity**** 288 3456

PF-Employer’s @12% of Basic 720 8640

Total – B 1508 18096

C: Components of Reimbursement . .

Fixed Conveyance Reimbursement 3500 42000

Qualitative Performance Reimbursement 2000 24000

Mobile Allowance 450 5400

Variable Incentive 5150 61800

Total - C 11100 133200

Total CTC (A+B+C) 25458 305496

***Ex-Gratia / Assured Incentive : Subject to Completion of one Year from Date of Joining

****Gratuity (Equivalent to 15 days basic salary for completion of 5 years Service as per rules

of the gratuity act.

**Qualitative Performance Reimbursement/ Incentive subject to achievement of the given

objectives.

*Reliance Mobile is the budget amount – in case of deviation on the same, on a higher side, the

amount will be recovered from the salaries on a quarterly basis. However, in case of variance on

lower side there will not be any reimbursement.

Yours Truly

FOR CEASEFIRE INDUSTRIES LIMITED

(Authorised Signatory)

Selection Date: 13th Aug 2012

Dear Mr. Hemant R Jayswal

With reference to the interview you had with us, we are pleased to inform you that you have

been selected on the following terms and conditions.

You are designated as Manager Business Development

You will be working in our Location: Ahmedabad

Your Gross Salary Package shall be Rs. 2.57 Lacs

Your date of Joining will be 16th August 2012

At the time of joining you shall bring the following documents failing which your joining shall

not be considered as completed and you will not be allowed to attend your Induction &

Orientation Program

1) Passport Size Photo and One Stamp Sized Photograph.

2) Age Proof Certificate (High School Mark Sheet or School Leaving Certificate or Birth

Certificate)

3) Copies of Certificates for educational qualification with originals for Verification.

4) Experience Certificate and relieving order of previous company (Incase of experienced

person)

5) Name of Two Reference with their complete address / Occupation etc.

6) Permanent Residence address proof.

7) Blood Group.

8) Postcard size photograph of self along- with family.

Your Offer cum Appointment Letter shall be sent from our Zonal Office and shall be handed

over to you on the day of your joining.

Please acknowledge the receipt of this Selection Letter as a your acceptance of this Offer.

Yours Truly

For Ceasefire Industries Ltd

(Authorised Signatory)

JAYSWAL HEMANT R.

MANAGER – BUSINESS DEVELOPMENT

HEAD QUARTER - AHMEDABAD

SALARY PACKAGE OFFER

DATE OF JOINING : 16th

August 2012

Particulars Amount (Rs.)

Fixed Component

Basic Salary 5000

House Rent Allowance 2500

City Compensatory Allowance 2000

Transport Allowance 1400

Sub Total – A 10900

Reimbursement

Fixed Conveyance Reimbursement 2500

Sub Total – A1 2500

Variable Component

Productivity Linked Reimbursement 1675

Variable Incentive 5100

Sub Total – B 6775

Annual /Retirement/Statutory Component

PF-Employer’s @12% of Basic 600

Ex-Gratia*** 417

Gratuity**** 240

Sub Total – C 1257

Total Salary Package (A+A1+B+C) 21432

Total Salary Package Per Annum 257184

Variable Incentive is applicable as per Company’s incentive policy

Productivity Linked Reimbursement subject to achievement of the given objectives.

Ex-Gratia : Subject to Completion of one Year from Date of Joining

Gratuity (Equivalent to 15 days basic salary for completion of 5 years Service as per rules of the

gratuity act.

Yours Truly

FOR CEASEFIRE INDUSTRIES LIMITED

(Authorised Signatory)