~3枚目_Appointment Letter - Mr. Kaneko

Dated: 2nd June 2016 Mr. Mitsuo Kaneko Sub: Letter of Appointment. Dear Sir, With reference to your application and the subsequent interview that had with us we are pleased to offer you the position of Accounting Manager of Bangladesh in our organization, your employment will be governed by the following terms and conditions: Date of commencement of employment, location and transfer: Your appointment would be effective from the date you join duty, which however, should not be later than April 2016 failing which the appointment offered will be subject to review from us. You will be based at Dhaka, Bangladesh. The Company can transfer your services to either temporarily or permanently to any of the associated companies in Bangladesh or elsewhere at the discretion of the Company. In the event of a transfer the terms and conditions applicable to you will remain unchanged unless notified in writing. Remuneration: Your consolidated gross salary will be 3,358 USD (Three Thousand Three Hundred & Fifty Eight USD only) per calendar month, this would be subject to review every year on the basis of performance. The break up of the same is as under: Basic salary USD 2,014 House rent Allowance USD 1,008 Conveyance Allowance USD 166 Medical Allowance USD 170 Appropriate income tax due on your salary will be payable by you and this will be deducted at source by the Company during the payment of salary as per Income Tax Ordinance 1984. Probationary period: You will be on probation for a period of three months, but same can be extended by a suitable period at the discretion of the management. At the end of probation period you will be confirmed if your services are found to be satisfactory and up to the standard as required by the Company. Exclusivity of employment: You are required to work exclusively for us, and not to engage in any outside employment/business activities without the expressed written permission of the Company. Furthermore neither the Company’s name nor any of its facilities may be used for any purpose whatsoever other than of our business requirement. In consideration of the Company entering into this contract with you, you hereby agree and acknowledge that (i) the Company or any of its associate/subsidiaries as the case may be, shall be the sole and exclusive owner of any and all intellectual property developed by you during the subsistence of this agreement either alone or with others pertaining to the operations or business of the Company and (ii) you shall have and shall make no claims in respect thereto. You hereby irrevocably and unconditionally waive any and all moral rights or any rights of similar nature under any law in any jurisdiction in and to any and all material written created or devised by you, whether solely or jointly and pertaining to the operation or business of the Company. You shall not without prior written permission of the Company disclose to anyone outside of the Company and its subsidiaries or use in other than the Company or its subsidiaries business either during or after the termination of the contract any confidential information or material received from its subsidiaries or any information or material received in confidence from a third party by the Company or its subsidiaries or associate companies. On the termination of the contract you will return all property of the Company and its subsidiaries in your possession including all confidential information or materials such as drawings, notebooks, reports or any other documents in any form, electronic or otherwise. We sincerely welcome you to our team, and wish you every success in your career progress with us. We are confident that we will receive your best efforts in the profitable development of the Company. Please return the office copy of this letter duly signed by you as a token of your acceptance of the above terms and conditions. Sincerely yours _______________________ Daikatsu Sato Director TS TECH BANGLADESH LIMITED. I have carefully read the above letter and the terms and conditions set out therein, which I have fully understood and I hereby accept the same. Date: Signature: __________________________ Mr. Mitsuo Kaneko Place: 　　　　　　　　　　　　　　　　　　　　　　　　　Dhaka, Bangladesh.