Common use of Remuneration of Directors Clause in Contracts

Remuneration of Directors. (i) All pecuniary relationship or transactions of the non-executive directors vis-à-vis the company shall be disclosed in the Annual Report. (ii) Further the following disclosures on the remuneration of directors shall be made in the section on the corporate governance of the Annual Report: (a) All elements of remuneration package of individual directors summarized under major groups, such as salary, benefits, bonuses, stock options, pension etc. (b) Details of fixed component and performance linked incentives, along with the performance criteria. (c) Service contracts, notice period, severance fees. (d) Stock option details, if any – and whether issued at a discount as well as the period over which accrued and over which exercisable. (iii) The company shall publish its criteria of making payments to non-executive directors in its annual report. Alternatively, this may be put up on the company’s website and reference drawn thereto in the annual report. (iv) The company shall disclose the number of shares and convertible instruments held by non- executive directors in the annual report. (v) Non-executive directors shall be required to disclose their shareholding (both own or held by / for other persons on a beneficial basis) in the listed company in which they are proposed to be appointed as directors, prior to their appointment. These details should be disclosed in the notice to the general meeting called for appointment of such director

Remuneration of Directors. (i) i. All pecuniary relationship or transactions of the non-executive directors vis-à-vis the company shall be disclosed in the Annual Report. (ii) . Further the following disclosures on the remuneration of directors shall be made in the section on the corporate governance of the Annual Report: (a) a. All elements of remuneration package of individual directors summarized under major groups, such as salary, benefits, bonuses, stock options, pension etc. (b) b. Details of fixed component and performance linked incentives, along with the performance criteria. (c) c. Service contracts, notice period, severance fees. (d) d. Stock option details, if any – and whether issued at a discount as well as the period over which accrued and over which exercisable. (iii) . The company shall publish its criteria of making payments to non-executive directors in its annual report. Alternatively, this may be put up on the company’s website and reference drawn thereto in the annual report. (iv) . The company shall disclose the number of shares and convertible instruments held by non- non-executive directors in the annual report. (v) v. Non-executive directors shall be required to disclose their shareholding (both own or held by / for other persons on a beneficial basis) in the listed company in which they are proposed to be appointed as directors, prior to their appointment. These details should be disclosed in the notice to the general meeting called for appointment of such director

Remuneration of Directors. (i) i. All pecuniary relationship or transactions of the non-executive directors vis-à-vis the company Issuer shall be disclosed in the Annual Report. (ii) . Further the following disclosures on the remuneration of directors shall be made in the section on the corporate governance of the Annual Report: (a) a. All elements of remuneration package of individual directors summarized under major groups, such as salary, benefits, bonuses, stock options, pension etc. (b) b. Details of fixed component and performance linked incentives, along with the performance criteria. (c) c. Service contracts, notice period, severance fees. (d) d. Stock option details, if any – and whether issued at a discount as well as the period over which accrued and over which exercisable. (iii) . The company Issuer shall publish its criteria of making payments to non-executive directors in its annual report. Alternatively, this may be put up on the companyIssuer’s website and reference drawn thereto in the annual report. (iv) . The company Issuer shall disclose the number of shares and convertible instruments held by non- non-executive directors in the annual report. (v) v. Non-executive directors shall be required to disclose their shareholding (both own or held by / for other persons on a beneficial basis) in the listed company Issuer in which they are proposed to be appointed as directors, prior to their appointment. These details should be disclosed in the notice to the general meeting called for appointment of such director

Remuneration of Directors. (i) All pecuniary relationship or transactions of the non-executive directors vis-à-vis the company shall be disclosed in the Annual Report. (ii) Further the following disclosures on the remuneration of directors shall be made in the section on the corporate governance of the Annual Report: (a) All elements of remuneration package of individual directors summarized under major groups, such as salary, benefits, bonuses, stock options, pension etc. (b) Details of fixed component and performance linked incentives, along with the performance criteria. (c) Service contracts, notice period, severance fees. (d) Stock option details, if any – and whether issued at a discount as well as the period over which accrued and over which exercisable. (iii) The company shall publish its criteria of making payments to non-executive directors in its annual report. Alternatively, this may be put up on the company’s website and reference drawn thereto in the annual report. (iv) The company shall disclose the number of shares and convertible instruments held by non- non-executive directors in the annual report. (v) Non-executive directors shall be required to disclose their shareholding (both own or held by / for other persons on a beneficial basis) in the listed company in which they are proposed to be appointed as directors, prior to their appointment. These details should be disclosed in the notice to the general meeting called for appointment of such director.

Remuneration of Directors. (i) All pecuniary relationship or transactions of the non-executive directors vis-à-vis the company shall be disclosed in the Annual Report. (ii) Further the following disclosures on the remuneration of directors shall be made in the section on the corporate governance of the Annual Report: (a) All elements of remuneration package of individual directors summarized under major groups, such as salary, benefits, bonuses, stock options, pension etc. (b) Details of fixed component and performance linked incentives, along with the performance criteria. (c) Service contracts, notice period, severance fees. (d) Stock option details, if any – and whether issued at a discount as well as the period over which accrued and over which exercisable. (iii) The company shall publish its criteria of making payments to non-executive directors in its annual report. Alternatively, this may be put up on the company’s website and reference drawn thereto in the annual report. (iv) The company shall disclose the number of shares and convertible instruments held by non- executive directors in the annual report. (v) Non-executive directors shall be required to disclose their shareholding (both own or held by / for other persons on a beneficial basis) in the listed company in which they are proposed to be appointed as directors, prior to their appointment. These details should be disclosed in the notice to the general meeting called for appointment of such director.

Remuneration of Directors. (i) All pecuniary relationship or transactions of the non-executive directors vis-à-vis the company shall be disclosed in the Annual Report. (ii) . Further the following disclosures on the remuneration of directors shall be made in the section on the corporate governance of the Annual Report: (a) : All elements of remuneration package of individual directors summarized under major groups, such as salary, benefits, bonuses, stock options, pension etc. (b) . Details of fixed component and performance linked incentives, along with the performance criteria. (c) . Service contracts, notice period, severance fees. (d) . Stock option details, if any – and whether issued at a discount as well as the period over which accrued and over which exercisable. (iii) . The company shall publish its criteria of making payments to non-executive directors in its annual report. Alternatively, this may be put up on the company’s website and reference drawn thereto in the annual report. (iv) . The company shall disclose the number of shares and convertible instruments held by non- non-executive directors in the annual report. (v) . Non-executive directors shall be required to disclose their shareholding (both own or held by / for other persons on a beneficial basis) in the listed company in which they are proposed to be appointed as directors, prior to their appointment. These details should be disclosed in the notice to the general meeting called for appointment of such director

Remuneration of Directors. (i) 1. All pecuniary relationship or transactions of the non-executive directors vis-à-à- vis the company shall be disclosed in the Annual Report. (ii) Further 2. In addition to the disclosures required under the Companies Act, 2013, the following disclosures on the remuneration of directors shall be made in the section on the corporate governance of the Annual Report: (a) a. All elements of remuneration package of individual directors summarized under major groups, such as salary, benefits, bonuses, stock options, pension etc. (b) b. Details of fixed component and performance linked incentives, along with the performance criteria. (c) c. Service contracts, notice period, severance fees. (d) d. Stock option details, if any – - and whether issued at a discount as well as the period over which accrued and over which exercisable. (iii) 3. The company shall publish its criteria of making payments to non-executive directors in its annual report. Alternatively, this may be put up on the company’s website and reference drawn thereto in the annual report. (iv) 4. The company shall disclose the number of shares and convertible instruments held by non- non-executive directors in the annual report. (v) 5. Non-executive directors shall be required to disclose their shareholding (both own or held by / for other persons on a beneficial basis) in the listed company in which they are proposed to be appointed as directors, prior to their appointment. These details should be disclosed in the notice to the general meeting called for appointment of such director.

Remuneration of Directors. (i) 1. All pecuniary relationship or transactions of the non-executive directors vis-à-vis the company shall be disclosed in the Annual Report. (ii) Further 2. In addition to the disclosures required under the Companies Act, 2013, the following disclosures on the remuneration of directors shall be made in the section on the corporate governance of the Annual Report: (a) a. All elements of remuneration package of individual directors summarized under major groups, such as salary, benefits, bonuses, stock options, pension etc. (b) b. Details of fixed component and performance linked incentives, along with the performance criteria. (c) c. Service contracts, notice period, severance fees. (d) d. Stock option details, if any – - and whether issued at a discount as well as the period over which accrued and over which exercisable. (iii) 3. The company shall publish its criteria of making payments to non-executive directors in its annual report. Alternatively, this may be put up on the company’s website and reference drawn thereto in the annual report. (iv) 4. The company shall disclose the number of shares and convertible instruments held by non- executive directors in the annual report. (v) 5. Non-executive directors shall be required to disclose their shareholding (both own or held by / for other persons on a beneficial basis) in the listed company in which they are proposed to be appointed as directors, prior to their appointment. These details should be disclosed in the notice to the general meeting called for appointment of such director

Remuneration of Directors. (i) i. All pecuniary relationship or transactions of the non-executive directors vis-à-vis the company shall be disclosed in the Annual Report. (ii) . Further the following disclosures on the remuneration of directors shall be made in the section on the corporate governance of the Annual Report: (a) a. All elements of remuneration package of individual directors summarized under major groups, such as salary, benefits, bonuses, stock options, pension etc. (b) b. Details of fixed component and performance linked incentives, along with the performance criteria. (c) c. Service contracts, notice period, severance fees. (d) d. Stock option details, if any – and whether issued at a discount as well as the period over which accrued and over which exercisable. (iii) . The company shall publish its criteria of making payments to non-executive directors in its annual report. Alternatively, this may be put up on the company’s website and reference drawn thereto in the annual report. (iv) . The company shall disclose the number of shares and convertible instruments held by non- non-executive directors in the annual report. (v) v. Non-executive directors shall be required to disclose their shareholding (both own or held by / for other persons on a beneficial basis) in the listed company in which they are proposed to be appointed as directors, prior to their appointment. These details should be disclosed in the notice to the general meeting called for appointment of such director.

Remuneration of Directors. (i) i. All pecuniary relationship or transactions of the non-executive directors vis-à-vis the company Company shall be disclosed in the Annual Report. (ii) . Further the following disclosures on the remuneration of directors shall be made in the section on the corporate governance of the Annual Report: (a) a. All elements of remuneration package of individual directors summarized under major groups, such as salary, benefits, bonuses, stock options, pension pension, etc. (b) b. Details of fixed component and performance linked incentives, along with the performance criteria. (c) c. Service contracts, notice period, severance fees. (d) d. Stock option details, if any – and whether issued at a discount as well as the period over which accrued and over which exercisable. (iii) . The company Company shall publish its criteria of making payments to non-executive directors in its annual report. Alternatively, this may be put up on the companyCompany’s website and reference drawn thereto in the annual report. (iv) . The company Company shall disclose the number of shares and convertible instruments held by non- non-executive directors in the annual report. (v) v. Non-executive directors shall be required to disclose their shareholding (both own or held by / for other persons on a beneficial basis) in the listed company Company in which they are proposed to be appointed as directors, prior to their appointment. These details should be disclosed in the notice to the general meeting called for appointment of such director.

Remuneration of Directors. (i) 1. All pecuniary relationship or transactions of the non-executive directors vis-à-vis the company shall be disclosed in the Annual Report. (ii) Further 2. In addition to the disclosures required under the Companies Act, 2013, the following disclosures on the remuneration of directors shall be made in the section on the corporate governance of the Annual Report: (a) a. All elements of remuneration package of individual directors summarized under major groups, such as salary, benefits, bonuses, stock options, pension etc. (b) b. Details of fixed component and performance linked incentives, along with the performance criteria. (c) c. Service contracts, notice period, severance fees. (d) d. Stock option details, if any – - and whether issued at a discount as well as the period over which accrued and over which exercisable. (iii) 3. The company shall publish its criteria of making payments to non-executive directors in its annual report. Alternatively, this may be put up on the company’s website and reference drawn thereto in the annual report. (iv) 4. The company shall disclose the number of shares and convertible instruments held by non- executive directors in the annual report. (v) 5. Non-executive directors shall be required to disclose their shareholding (both own or held by / for other persons on a beneficial basis) in the listed company in which they are proposed to be appointed as directors, prior to their appointment. These details should be disclosed in the notice to the general meeting called for appointment of such director.