1. a:ob!
frnt oct--,o.ulrd3cn u^!^
^.
G ACUMEN
Z-, DREAM^PLAN ^ACHIEVE
ACML/AD/2009-20l 0/l800
Mr-JigarVyas.
FlatNoC-101,
shanryNiketanComplex,
opp.J.M.C.Nagar.
Nf RaiyaCircle,
RailaRoad,Itajkol- 360005
Deaf.ligaf,
With referenceto the disclrssionsyou had with us, we are pleasedto appointyour seryrceslor
bLrsinessdevelopmentat our company.You will currentlybe altachedto our Rajkot branchand
in order to effectively canJ out your functions.we designateyou as BusinessDcvelapnent
Managerato0r'coirpany.Your sdrviaa-swill begovernedby lhehles & regulationt:tndpolicies
oflhe company,which arealreadyframedor amendedfrom tjme to tinre.
This letterof appointmentshall take effeci from the datewhich you statt rendefiDgthe
service as Business Development Manager In auy case if you do nol lake up the
assignmentwithii 30 daysof this lefterit will be presumedthat you havedeclinedttre
offcr ard accordinglythis letter of appoiDtmeDtwill be treatedas irfr ctttousand not
ii'uedatall.
Appoin|menlof your servicesasllusinessDevelopmentM,rn:rgeris nol onc oI naster
andservantandispufelycontractualiDnalure.
Youshallberesponsibleto pedbrn fhefollowingfunctionsi
i0/09/2009
t.
. Dealirrgwithclientsofthecompanyandor itsassociates.
. MarketingandBusinessdevelopmentofthe companyandor itsassociateenlities
in Raikot.
Backoffice functions.
Any otherdLrticsihat areor maybe assignedby thecompanyfi
ACUMENCAPITALMARKET{INDIA)LIMITED
S.l Reddiar& SonsBuiiding,VedkshanamRoad,Cochin- 682035
Tel:04843079100,Fax:04842367030E-mail:admin@acmlmail.com,Web:www.acumengroup.in
Member:NSE,BSE,NSDL
-r$di€,
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2. ,1. This conlracl is valid for a pedod of six rnonthsltorn the daieofcommencemcntas statedabov€
anl:lal the endeyerymonthyou will be entilledto revenLrelinkedcompensalionin the manner
l'' Month
2"' N4onrlr
Wishingl,oua goodluck
i Its.I 7,000/'subjecttoyourachievingaDetbrckengerevenueof
Rs.17,000i-
: Rs.l?.000/-subjecttoyourachievingnetbrokeragerevenueof
Rs34,000/-anyshortfallwhereofwillentailprcportionatereductron
ofthecompensationofRs.17,000/-payablelo you.
r Rs17,000/-subjecto yourachievinganelbrok€fagerc!enLIe01'
Rs.5l.000l,anyshorlfallwhereofwillentailpropo$ionatereduclion
ofthecompensationoflls 17,000/'payable1oyou.
If drfing thecontracrperiodyouf pedbnnance,conductandcharaclerarefoundgoodandyou
achievelhe rafgetsasstaledhercin,)ou lvill be takc.as an employeeofthe companywith
appropriatedesigrnrionamdwillbcdulyconfinnedassuchindrescNicesofthecoDrpany.Unless
contjnrcdin writingeithefdufingoLattheexpiralionofthepcriodatbfesaid,thisconlractshall
ccaseto beeliectiveonandiiom thedaleof expiry'.
) .]i co,,pdr) i r;1'. ru . , 'r.r, )"1 '. i-i .l irrl-:h. ,o. _: ( irroJ
!vilhoulassigningaoyreasonsthereof:In anycaseyourservices{ill beterrninaledl
lnl Foran),actofdishonesty,disobedience,insubordination,infidelity,imperinence,
irregularityor othernrisconductorneglectofdutyof incompelenceonyourparl
inthedischargeoftlrefunctionsassigncdlo youor nonor bador ineffective
Pedofrnanceorthebrcachonyourparlofanyoflhe temrs,conditionsor
stipulationsconlainedinlhisagreementoraviolationonyourpadofanyolthe
Companls Rules;
lbl If),ouareheldguiltyblra competentcoudofanyoffenceinvolvingmofal
rurprtude.
Icl Foryourdisabilitythatwouldaffectlhenonnalworking
ldl lfyou absent),ourscllcslromtheduty'vithouroblainirgappfovrlfof suclrabsence.
lel ll youliiLropassthe|equircdcxarninationsstaredbeiow:
It isobligatofyon yourpal1to qualif)youfselvesof thenandatoryfequiremenlsof passingthe
requiredexaminationsrelatingto all thesegmentsincapitalmarket(includingderivative)andall
seSmentsin thecommoditymafkel(includingderivativet.Flenceyourconfinnationin servrcers
alsosubjecttoyourqualiryingtheexaminationsasstatedabove.
Kindlysi$ andreturnonecopyofthis lettef[allached]asa tokenofyouracceplanceforourrecords.
F n r/ L u m c nC i t i t a l M r
llosyShibiV M
(ALrhorisedSignalory)
i:r)l,inri

3. ACUMEN
DREAM^ PLAN ^ACHEIVE
ACMUAD|2010:201|/2439
Mr. JigarVyas,
FlatnoC-101,,
ShantyNiketanComplex,
Opp.J.M.C.Nagar,
Nr. RaiyaCircle,RaiyaRoad,
Rajkot-360005.
12.03.20t0
DeafJigar,
Confir$ati0nofS€rvice
Witl referenceto thediscussionsandtheinterviewyouhadwithus,wearepleas€dto ofteryouappointmenras
BusinessDevelopmentManagerat ourRajkotbranch.Effectivefom thedateofjoining , yourserviceswill
be govemedby therules& regulationsandpoliciesof thecompany , whicharebasedon andsubjectto
provisionsof therespectiveregulatoryauihoritiessetfo(h or amendedfrom time to time, andalsoby theterms
ofemployeewelfareschemes,applicabletothecompany.
1. Your appointmentwill take effect film the dateon which you join the dufy of the company.In any
caseif you do not report for duty within 30 daysof this letter it will be presumedthat you have
declinedthe offer and accordjnglytbis letter of appointmentwill be treatedasin fiuctuousand not
issuedai all.
2. Yourdutiesandresponsibilitiesshallinclude:
. Dealingwithclientsofthe companyandor itsassociates.
. Businessdevelopmentofthecompanyandor itsassociate.
. Backoffice tunctions.
. Any otherdutiesthatareor maybeassignedby thecompanyftom timeto tim€.
3. Youwill beentitledxothesalary& benefitsasmentionedin theattachedSalaryBreakup.
4. As discussedandagreedto betweenus,this appointmentis valid only ifyou areableto achievea
targetrevenueeaming(i.e.,net brokerageeamingto the company meaninggrossbrokerage(nol
includingstalutoiyor oth€r mandatoryleviet minus conmissionpayableto others)per nonth
equivaientto threetiinesof theCTCpernr'nll!asperthes2rarybr.ik ri-,aili:hr.l. Ilcrce ur'lcssycii
achievethetargetasstatedaboveyourserviceisliabletobeterminated.
Thecompany,howeverreservesils rightto terminateyourser.'7iceswjthoutassigninganyreason.ln
anycaseyourserviceswill beterminated;
al for anyactofdishonesty,disobedience,insubordination,incivility,intemp€rance,inegularityrn
attendanceor othermisconductorneglectof dutyor incompetenceonyourpartinthedischargeof
your dutiesor non or bador ineflectiveperformarceor thebreachon you| pa$ of anyof lhe
terms,conditionsor stipulrtionscoutainedin thisagreementof a violationonyourpariof anyof
theCompany'sRules;
lbl ifyou areheldguiltyby a competentcout of anyoffenceinvolving
ACUMENCAPITALMARKETONDIA)LTD.
S.l Reddiar& Sons Building,VeekshanamRoad,Cochin- 682 035
Tel:+91-484-3079100Fax:+91-484-2367030,E-mail:admin@acmlmail.comWeb:www.
lVember:NSE,BSE,NSDL,lrCX- SX.
E*HK)
Y;t-
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4. [c] for your disabitiryrhatwouldaffbctrhenormalworking.
ldl ifyou absenryourselvesfromtheduts/wirhoutobtainingapprovalfor suchabsenoe.
lel ifyou faittopasstherequiredexaminationsstaledbelow:
l:^:,"::rri::_t_-..1l:*,fl(
19o,.lril yourservesof themandatoryrequirementsof passinstherequueqexammatronsrelaringro all lhesegmenlsin capitalourker(inctudingdefltat;!elard allsegmentsin thecoinmodiBrmarket(includingderivativeq.Henceyourconfirma;onin seNrce,salsosubJectto your qualiryingXheexaminationsasstatedabove.
t
l":1,*ll 1.-:"llll:glo
rhe,satary.&benefirsasmenrionedinrheanachedsarar)B,earup.whrcnarcDaseoon and subJectto lhe poticies.rule. and_regularionsof lhe Compan)and of lne respefl!e
regulaLor)aurhorilresselfonhof amendedtsoml:merorime
6. You shallrerireon anainingtheageof60 yearswithouranynotice/advice.However,tbecompanymayatits discretion,extendor reducetheageofrerirement.
7. Thehoursofwork andhotidayswill bein accordancervirhtheCompany,sRuiesftom time-ro-time.
8. The_managementreservesrh€ righrro transferyou fiom one depafimentto anotheror liom oneoca on roanotheror to anybranchegofthe companypresenflyownedor maybeownedat a futuledate,anywherein Indiaor abroad
9. Dur-ingth€pedod,of your emptoymentwith th€ companyyou will neithermderlake any part timeemploymentelsewherenor engagein anybusinessor orhervocationdirectly or indirectly.
10. It is understcodtharall daraandinformationincludingfigures,srrategies,piansandclient listswhichy.ou
:9Te ro know or pursueduringtbecourseof your emplo),rnentari Comp_y.s propertyanclshouldbetreatedasconfidentialandshal norbediwfe.a to _ip".ron our"ideifr"'"*ir"".r.
"
caseofdefautt-byyouin thisregard,yousha betiaUreio,ana*,.'Co_punl ,r,ril" *i,r"o t"
"r"i.,compensationfor lossor damagetheCompanyisputto suslainin thatregar;.
,,
,t:":l"ll':j:':-te
conpan) sitholrrdelayofany act of dishoresty,flaud or cheatinsor anyoamage
_ro.rhecompany-sproperq rhatyou may cometo know of whetherrhe sameis undercontemplarionor istakingplaceorhasalreadytakenplace.
12. Uponretirementor terminationofyoxr enploymentby theCompany,you shallprornprlyretumto ihecompanyall documents,andwin not retainexrractsor summaries,oi duplicatesin ihe rorm ormracopyorsoftcopyor in anyelectronicorotherfotm.you shallalsopromprlyrourn afi"yr lo.ig.ul Aduplicate),creditcards,computerdiscs,recordjngs,p,int-"t., i**ingr, unJ ,i," l]i" fi""r"ai"ewithoutlimitation,any propert).or asseisof the oo-pany oi mut".iair'."n""ting__o,
"ontuln,ngconfidentialinformation)thatmaybein yourposs"ssion'or*aer yo* contoi_l-8ui."o," . ,n"operationandbusinessofthe Comnanv
,r
3,,lgll1^.::lT:1.; tenainins
rolour dcidem,cquatrficarionsdareor binJlandeperienceonrherobsnouroDeproducedroget]ler$ irhlieir respec e phorocopjesonlhedaleof) o|.rjolning.
14 In all mattersincludingrhosenotspecificatvcoveredby thislettersuchasleavelbcilities,navenng
etc.youw^illbe.governedby rulesasapplicableto orherenployeesof yourgradeandcategoryrnrre
companyftom time to time.

5. SALARY BREAKUP
You will beentitledto the salaryandbenefitsasdetailsbelow,which arebasedon
rulesandregulationsof the Conpany and of the respectiveregulatoryauthorities
timeto tlm€:
Monthlt/ Yearh
Basic 6,50C
DA 65C
HRA 1.30(
EducationalAllowance
ConvevanceAllowance 65(
;DecialAllowance 7,90(
fotal Salarv 17.00(2.04.00(
ComDanvcontributionto EPF 78C
SomDanvconkibutionto ESI
OnConfirmalion
Mediclaim(aoDrox)' 1.50C
L Encashment' 6.80C
:TC 17,7402.25.781
* Entitlem€ntis subjectto minimumqualiryingperiodasperrule andis encashableonlv asperthe
** Subjectto theprovisionsofther€ t, butwill bepaidonly on supemnnuation
/retiement asthecasemaybe of thepaym€fl ofcratuity act.
ForAcumenCapitalMerket
andsubjectio thepolici€s,
setforth or amendedfrom
RosyShibiVM
(AuthorizedSignatory)
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