Annexure

EMOLUMENTS Per Month Per Annum

FIXED SALARY AND ALLOWANCES

Basic Salary Rs 9000 108000

Fixed DA Rs 8715 104580

House Rent Allowance Rs 1650 19800

Head Quarter Allowance Rs 1800 21600

Conveyance Allowance Rs 2800 33600

Fixed Taxi Allowance Rs 450 5400

Supplemantary Allowance Rs 1000 12000

Total Monthly Rate (A) Rs 25415 304980

BENEFITS

LTA (@1 month Basic Salary + Fixed DA) Rs 1476 17715

Medical (@ I month Salary + Fixed DA) Rs 1476 17715

Annual Bonus / Exgratia Rs 700 8400

Total (B) Rs 3653 43830

RETIRALS

PF (@12% of Basic Salary + Fixed DA) Rs 2126 25510

Gratuity(@15 days pay/year) Rs 852 10220

PERQUISITE

Cell Phone Reimbursement Rs 500 6000

Total (C ) Rs 3477 41730

VARIABLE PAY

Sales Incentive ( Max.) Rs 0 60000

Total (D ) Rs. 0 60000

Gross Salary (CTC) Rs 32545 450540

(Total of A+B+C+D)

NOTE :

a) Aditional benefits extended by the company as per Company policy is Group Mediclaim Insurance coverage of Rs 1,00,000/- per annum

for self and immediate family ( wife & two children).

b) LTA can only be availed after completion of one year of service.

c) Sales Incentive amount stated is an indicative figure based on an assumption that you will earn the maximum of 100%.

However actual incentive may vary from 0-100% subject to your performance as per the desired norms.

The incentive shall be applicable only on being assigned field job and is effective from the 3rd Qtr of the financial year 2013-14, and shall

be payable provided you are on the rolls of the ecompany during the time of payout.

d) Annual Bonus for the period (April - March) is payable in September / October of every year.

e) Medical is a reimbursement benefit covering only immediate family members ( self & wife ) during the training period.

f) Two wheeler shall be alloted as per company OYTW Scheme & individual grade entitlement.

g) Leave entitlement with in a year long training period : Contingency Leave of 15 days.

BERGER PAINTS INDIA LTD

SALES OFFICER TRAINEE COMPENSATION - 2015

EMOLUMENTS Per Month Per Annum

FIXED SALARY AND ALLOWANCES

Basic Salary Rs 9000 108000

Fixed DA Rs 7395 88740

House Rent Allowance Rs 1650 19800

Head Quarter Allowance Rs 1800 21600

Conveyance Allowance Rs 2800 33600

Fixed Taxi Allowance Rs 450 5400

Supplemantary Allowance Rs 1000 12000

Total Monthly Rate (A) Rs 24095 289140

BENEFITS

LTA (@1 month Basic Salary + Fixed DA) Rs 1366 16395

Medical (@ I month Salary + Fixed DA) Rs 1366 16395

Annual Bonus / Exgratia Rs 700 8400

Total (B) Rs 3433 41190

RETIRALS

PF (@12% of Basic Salary + Fixed DA) Rs 1816 21794

Gratuity(@15 days pay/year) Rs 728 8732

PERQUISITE

Cell Phone Reimbursement Rs 500 6000

Total (C ) Rs 3044 36526

VARIABLE PAY

Sales Incentive ( Max.) Rs 0 60000

Total (D ) Rs. 0 60000

Gross Salary (CTC) Rs 30571 426852

(Total of A+B+C+D)

NOTE :

BERGER PAINTS INDIA LTD

TECHNICAL SALES OFFICER TRAINEE COMPENSATION - 2013

a) Aditional benefits extended by the company as per Company policy is Group Mediclaim Insurance coverage of Rs 1,00,000/- per annum

for self and immediate family ( wife & two children).

b) LTA can only be availed after completion of one year of service.

c) Sales Incentive amount stated is as indicative figure based on an assumption that you will earn the maximum of 100%.

However actual incentive may vary from 0-100% subject to your performance as per the desired norms.

The incentive shall be applicable only on being assigned field job and is effective from the 3rd Qtr of the financial year 2013-14, and shall

be payable provided you are on the rolls of the ecompany during the time of payout.

d) Annual Bonus for the period (April - March) is payable in September / October of every year.

e) Medical is a reimbursement benefit covering only immediate family members ( self & wife ) during the training period.

f) Two wheeler shall be alloted as per company OYTW Scheme & individual grade entitlement.

g) Leave entitlement with in a year long training period : Contingency Leave of 15 days.

Annexure

a) Aditional benefits extended by the company as per Company policy is Group Mediclaim Insurance coverage of Rs 1,00,000/- per annum

The incentive shall be applicable only on being assigned field job and is effective from the 3rd Qtr of the financial year 2013-14, and shall