Reference ID : IRC3027608/15001GRB
5 August 2020
Satyam Sangrai
Dear Satyam,
We are pleased to offer you employment in the position of Network Analyst with Oracle India Private
Limited, IDC (“ORACLE”). Your base of operation is New Delhi, India. This Offer of employment is made
based on Indian Laws.
We offer you a starting compensation at an annual rate of INR 5,40,000.00 payable over twelve (12) months.
In addition, you will be eligible to participate in the standard bonus compensation plan relevant to your role
and line of business.
The break-up of your total gross compensation will be given in your salary slip.
** - Details of Flexible Benefit Plan is provided in the Annexure “Employment Agreement & Employment
Benefits”
The Company may, at any time, review and/or restructure the Compensation Package.
You are eligible for a one-off relocation benefit of INR 50,000.00. The relocation benefits will comprise of :
● Travel Fare for self, spouse, dependant children (Economy Class Airfare or II A/C train)
● Transporting of Personal Effects or excess baggage to the host location.
● Visa for employees and dependents.
If you have received relocation benefits within the last 24 months, elect on your own volition to change
Country or City into a new role after 12 months, no relocation assistance to new Country or City will be
extended. These benefits shall cease upon the termination of your existing employment contract with Oracle.
Temporary accommodation would be provided for you, your spouse and dependent children for a period not
exceeding 15 days, at Oracle preferred hotels. Expenses related to members other those prescribed above
would have to be borne by you.
You have to initially settle the dues to the hotel and can claim reimbursement of expenses along with original
bills. Temporary accommodation will be provided only for the number of days given above.
The expenses on stays of up to and including 15 days would not be taxed. If the temporary accommodation is
usd for more than 15 days, the expenses will be borne by the Company, however the taxes on the expenses for
the entire temporary accommodation duration will have to be borne by you.
Please refer to the offer pack for information regarding booking the TEMPORARY ACCOMMODATION.
Recovery of Costs: All relocation expenses reimbursed by the Company to the employee or incurred by the
Company on the employee’s behalf weather for travel, shipping, boarding and lodging or any other, will be
fully refundable to the Company should the employee leave the Company’s service for any reason whatsoever
before the end of one year from date of joining. The company may deduct this amount from any monies due
to the employee. Relocation and related expenses thereof are taxable and such tax will be payable by the
employee.
This offer is our formal contract and must be read and accepted in conjunction with the EMPLOYMENT
AGREEMENT PROPRIETARY AGREEMENT AND DISCLOSURE OF INTEREST. In addition to these
terms and conditions stated in the above documents, there are other company policies and procedures which
you agree to observe and follow during your employment with Oracle. These company policies and
procedures may be varied from time to time.
This offer of employment is contingent upon no adverse information being obtained during reference
checking with previous employers, approval of your employment / immigration pass application (if
applicable) and satisfactory completion of Oracle’s pre-employment background screening process. If you fail
any of the above checks, validation or approval or do not cooperate or do not provide assistance in undergoing
such checks, validation or approval process, this offer will immediately lapse without any claims against, or
liability to Oracle.
Once all the information has been obtained and you have satisfactorily completed and passed Oracle’s pre
-employment background screening process, you will be advised of your commencement date. Upon
commencement with Oracle, a final background check will be undertaken in respect of your former
employment as may be applicable. In the Event that you have provided incorrect, false or misleading
information in relation to your former employment,
your employment with Oracle will immediately be terminated without any notice.
In the event that you have commenced working for Oracle prior to completion of the background screening
process, and have subsequently fail any of the checks, validation or approval, or have not co-operated or
provided assistance in undergoing such checks, validation or approval process, your employment will be
terminated with immediate effect without any claim against, or liability to Oracle.
By accepting this offer you confirm that there are no contractual or other legal impediments which may
prevent you commencing employment with the Company. Upon acceptance by you, this offershall form the
employment agreement between you and the Company.
New employees are inducted e very Monday / Thursday beginning 9:30 a.m. You may therefore choose to
commence on any Monday or Thursday based on prior confirmation. On your day of commencement you will
be required to sign in all pages including Employment Agreement for our records, a copy of offer and other
Propriety Information Agreement.
If you have any questions regarding the conditions of your offer, please feel free to contact your manager,
Pankaj Honnavar.
This letter of offer is valid for one (1) week from the date hereof for conveying your acceptance.
We look forward to having you with us in our team.
Yours Sincerely,
For and behalf of Oracle India Private Limited. IDC
OFFER LETTER ACCEPTANCE :
No signature is required from Satyam Sangrai upon acceptance of this offer. By clicking the acceptance
button, you have agreed to be bound by the terms & conditions upon which the offer of employment has been
made. An acknowledgment of receipt of the acceptance will be sent to you. This contract is legally binding
based on the laws of India