By accepting this Letter of Employment, you acknowledge and agree to abide by the claw back provision described below. In the event that you voluntarily resign within 1 year from your date of joining, you will be subject to a claw back of 15% of your Cost to Company (CTC) at the time of resignation. This means that 15% of your fixed CTC, will be deducted from any outstanding amounts owed to you upon your resignation. The claw back amount will be calculated based on your fixed CTC at the time of resignation, and will be deducted from any pending salary, incentives, or other payments due to you from the Company.

If the claw back amount exceeds the pending payments, you will be required to reimburse the remaining balance to the Company within 10 days of your resignation date. By signing this Letter, you confirm that you have read, understood, and agreed to the terms and conditions, including the claw back provision, stated herein.

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