1. Note : Data for Aug is from 1 st – 15 th August 2010 Title Quarterly Incentive B2C, Commodity & Currency RMs w.e.f. July 12

2. Note : Data for Aug is from 1 st – 15 th August 2010 RM Incentive Structure Complete Online dealers Complete Offline dealers

3. Note : Data for Aug is from 1 st – 15 th August 2010 Terms & Conditions… 1. The 1 st Incentive Structure is for the RM which has only OFFLINE dealers mapped to them. 2. The 2 nd Incentive Structure is for the RM which has only ONLINE dealers mapped to them. 3. For RMs who have both OFFLINE as well as ONLINE dealers mapped to them, expectation of Productivity increases by 1x with each ONLINE dealer. 4. The dealers of same department as that of RM would be considered. 5. No Minimum Activation % is Required for Incentives 6. RMs personal Revenues will be counted in overall Revenues 7. Productivity will be calculated with Total Team Cost including RM’s. 8. The respective NCFM exam needs to be cleared for qualifying for incentives

4. Note : Data for Aug is from 1 st – 15 th August 2010 Example for RM Incentives…

5. Note : Data for Aug is from 1 st – 15 th August 2010

7. Incentive for In Active Clients Terms & Conditions: Brokerage of the first trade date would only be considered Dealers need to clear the NCFM exam for this incentive component This incentive would be paid on Quarterly basis

8. Note : Data for Aug is from 1 st – 15 th August 2010

9. New Client Acquisition Incentive w.e.f. 01 st April 2012 Expected Rev/ClientINCENTIVE FOCOMMCURRFOCOMMCURR 25K-50K600125025015001700750 50K-1Lac12002500500250030001250 >=1 Lac180050001000400045002000

10. Note : Data for Aug is from 1 st – 15 th August 2010 1. No incentive will be paid for the clients acquired in ONLY CASH Segment. 2. The Margin should be in Cash and not Collaterals. 3. Margin should be deposited in the Respective segment only. 4. Brokerage Requirement is from the Respective Segment where the Incentive is Claimed 5. Brokerage Requirement is within 1 Month of the Acquisition 6. If a Client Comes with CURRENCY as an additional Segment along with FO or Commodity then applicable slab wise incentive will be paid 7. If a Client comes only in Currency Segment then slabs of FO will be applicable. 8. Incentive slab for new acquisition and Cross Sales is same. 9. Client AQ, Cross sell & Prepaid incentives would be paid monthly. 10. Margin amount and/or Prepaid voucher request received in first 15 days would be considered. Terms & Conditions…

11. Note : Data for Aug is from 1 st – 15 th August 2010 Incentive For Client Acquisition Expected Rev/ClientINCENTIVE FOCOMMCURRFOCOMMCURR 25K-50K600125025015001700750 50K-1Lac12002500500250030001250 >=1 Lac180050001000400045002000 Voucher AmountIncentive Amount Rs 250001500 Rs 50000 - Rs 750002500 Rs 1L & above4000

12. Note : Data for Aug is from 1 st – 15 th August 2010

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