Soma India New Office Lh

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Ref: HR/ Comp. Letters/'09 Employee ID:SNSEPL 0093 Date: 27th April '09 Private & Confidential Mr. Shatrughan Singh SOMA Networks Software Engineering Pvt. Ltd. GURGAON Sub: Compensation Revision 2009 Dear Shatrughan, We are pleased to revise your compensation w.e.f. 1" April, 2009 as mentioned below; Level

III

Basic Salary

800000 per annum

Allowances / Re-imbursements

600000 per annum

Total Target Cash (TTC)

1400000 per annum

Retirals (PF and Gratuity)

As mentioned below

Variable Performance Incentive Cash

Maximum of 15% of Total Target

Effective Date

1St April, 2009

Variable Performance Incentive : You are also eligible for the " Variable Performance Incentive - Plan 2009"

wherein the maximum

earning potential at Level-III, will be @ 15% of the "Total Target Cash". This is based on drawing up an "Incentive Frame" with

"Targets and Achievement Levels" and subject to

evaluation of your "Performance" based on delivering

"Objectives" as discussed & laid

down during "Goal Setting" by your reporting - "Line Manager" at the start of the Year-'09. Retrials: PF - Employer's Contribution towards PF which is Rs 780/- per month is paid over & above the Total Target Cash. Gratuity - You are entitled to Gratuity, as per the Payment of Gratuity Act, 1972. We would like to take this opportunity to express our appreciation of your association with SOMA Networks. We

value your contribution to the organization and look forward to a

sustained performance to meet our business

challenges and Company objectives for the

Year - 2009. All other terms & conditions of your employment remain the same.

With West Wishes,

SOMA C o r e 1 ,

NETWORKS

SOFTWARE

ENGINEERING

PVT.

6 t h F l o o r , P a r k C e n t r a B u i l d i n g , S e c - 3 0 , O p p . 3 2 n d N . H . - 8 , G u r g a o n - 1 2 2 0 0 1 , H a r y a n a , I N D I A

LTD.

M i l e s t o n e ,

Tel. :( 91) (124)668 5000,258 6094 Regd.Office: A-133, Niti Bagh, New Delhi-110049, INDIA

For Soma Networks Software Engineering Pvt. Ltd.

SOMA C o r e 1 ,

NETWORKS

SOFTWARE

ENGINEERING

PVT.

6 t h F l o o r , P a r k C e n t r a B u i l d i n g , S e c - 3 0 , O p p . 3 2 n d N . H . - 8 , G u r g a o n - 1 2 2 0 0 1 , H a r y a n a , I N D I A

LTD.

M i l e s t o n e ,

Tel. :( 91) (124)668 5000,258 6094 Regd.Office: A-133, Niti Bagh, New Delhi-110049, INDIA

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