, 2014

Mr. Reghu Pillai. Dynamic Consultants,B303,Golden Habitat, Whitefields,Hyderabad-500084Re.: Consulting AgreementDear Mr Reghu Pillai,Based on our recent discussions including your visit to our Office, we are pleased to engage your services as Consultant(Projects)as per following terms and conditions. 1] Period of Contract: This Agreement is made effective from . 2014 for a period of one year, which will be automatically renewed unless either of the Party wishes otherwise. However, the agreement remain valid as long as any project with the involvement of Mr Reghu Pillai remains ongoing.2) Non-exclusivity This agreement is non-exclusive.3] Description of Services/Scope of assistanceReghu Pillai will assist Tesync Technology Limited in following business opportunities. 1. NSDC2. NRLM3. Other Govt initiatives 4. Defence 5. CSR Opportunity6. Business from World Bodies7. Any other mutually interested ideas/sectors4) Terms of Contract: Remuneration: For the above services, you will be paid a monthly retainer of Rs. 1,75,000/-(Rupees one lac seventy five thousand only) plus service tax @12.36% to be paid in advance along with signing of this agreement and thereafter by 1st of every month. In addition following will also be paid:

5) General(i) All trave expenses incurred by you for our Company work will be reimbursed byTesync Technology Limited (economy air ticket and actuals of hotel expenses, entertainment expenses) subject to prior approval by the undersiTesync Technology Limited will give you a Company visit card as President/Director (Projects). This designation is purely for weightage during business dealings.(iii) For NRLM project, 3.5% of the total project cost to be paid to Mr Reghu Pillai after receipt of each phased payment.(iv) For NSDC proposal preparation Rs.3 lac to be given for project proposal preparation.(v) For NSDC project, 1% of the total project funding to be given to Mr Reghu Pillai after each phased payment is received.(vi) For CSR projects 3.5% of the total project funding based on receipt of payment.(vii) For Defence 5% of the total funding(viii) For all other projects, this will be decided from case to cast as per mutually agreed terms.7) Termination of contract: The contract could be terminated mutually by either party giving thirty days notice in writing. However, it is binding for Tesync Technology Limited to pay remaining phased payment of the total Project value for all projects with the involvement of Mr Reghu Pillai and remaining monthly fee for the contract duration in caseTesync Technology Limited terminate the contract any time. assistance involves right from identifying opportunities, assistance in preparation of project proposals to throughout the life-cycle of the projects. The entire scope of work and its success as above is a total team effort and as such the responsibility rest with the entire team.

8) Acceptance: You are requested to confirm acceptance of the terms and condition set forth in this agreement by signing on the duplicate copy of this and returning same to the undersigned.We welcome you aboard and look forward to work with us.SincerelyACCEPTED BY

Reghu PillaiDynamic Consultants