Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

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Thursday, 24 August 2000

EXHIBIT - B

Mr. Sudhakar

APPLITECH - Mumbai

Aug. 24, 2000

Dear Mr. Sudhakar:

Order Execution Module Software

Your Offer dated Aug. 21, 2000

I refer to your offer and our discussions on Aug. 21. Unfortunately, we could not meet today (as planned) but Mr. Cyril Ovely could spare sometime either on 29$^{\text{th}}$ (Tue) or on 1$^{\text{st}}$ Sept (Fri) and I await your early confirmation.

In the meantime, I have gone thru your offer. I enclose my comments on your "Terms" as well as some observations on the "Scope of Work/Features". Most of these are merely a SYNOPSIS of the notes given to you earlier.

I am sending 2 copies, so that you can handover one copy to Mr. Tripathi or make a photocopy & send to Tapan.

As far as the price and the delivery-period quoted by you is concerned, I do not wish to bargain but I want your assurance that there will be no compromise on the QUALITY as far as incorporations of features/functions and Upgradability is concerned. You may treat this as our Purchase Order & collect your cheque during your next visit.

With regards

[Signature/Initials]

cc: Mr. Cyril Ovely

cc: Nirmit.

ORDER EXECUTION MODULE

GENERAL COMMENTS:

$\triangleright$ No data should be required to be entered twice.

$\triangleright$ We should be able to "CUSTOMISE" any statement/report, simply by

  • clicking on desired "field"
  • allotting "Sequence-of-appearance" to each of such field.

If such statements/Reports are meant to be sent to any outsider (Client/candidate/associate etc), the same cannot be generated/printed-out/faxed/e-mailed WITHOUT entering P.O. details

statements/Reports generated for Internal use can only be seen/viewed on Screen but cannot be faxed/emailed/printed/copied.

$\triangleright$ Any Vacancy/position advertised by us in print-media (whether for a client or for ourselves) must be treated as a Purchase Order, which must not "linked" to the "Act. No."

If, in a particular PO, the concerned consultant feels that any particular AST needs to be changed, he/she should approach Nirmit for modifying. This cannot be changed unilaterally.

In course of time (at a later date) these ASTs will also be visible to the concerned client, when we permit him SELF-MONITORING (over extranet/internet).

Actual Activity-Time taken (AAT) will be compared with AST and Variances (cumulative also) will be calculated for each P.O.

These $\pm$ -ve Variances will form the basis of evaluation of the performance of a Consultant in execution of that particular assignment.

When a consultant has completed 20 order/assignments, it should be possible to plot consultant-wise FREQUENCY DISTRIBUTION CHARTS of Variances/AAT.

Built-In Productivity Measurement of each consultant has to be a KEY-FEATURE of O/E module.

AND position/Vacancy NO. as well.

$\triangleright$ "Client Name" is the Anchor-Point/Reference point. This is what all of us remember and all search will normally start by "clicking" on a client's name in a dropdown list.

This is the MAIN-GATE thru which we should enter the ORDER EXECUTION MODULE

We should NOT be able to enter O/E module WITHOUT entering/clicking CLIENT NAME!

Every data field should, somehow get linked to "Client Name" (or a "potential-client" name? - eg. an inquiry from a client which may or may not result into an order).

$\triangleright$ Individual Activity Time permitted to a consultant for each of the 21 activities should be Standardised & FROZEN in advance.

This will be called "ACTIVITY STANDARD TIME"

$\triangleright$ The O/E module must be able to access the existing databases directly and there should be no need to construct fresh/new masters of candidates & Clients.

Our database is in Oracle 8i and we will make available the database structure to Applitech (online/offline/corporate)

$\triangleright$ Back End

Oracle 8i is OK. we have a licenced copy. we are trying to get Version 2.0 + IFS (Internet File Server) (or something)

$\triangleright$ Front End

Our Mr. Cyril Ovely will advise you on this.

$\triangleright$ Our Website

Not only, you should thoroughly study the present "functionality/interactivity" of our website but also obtain a thorough understanding of changes being planned, from Mr. Cyril Ovely who is working on this. Any failure in this, may result in waste of time/effort/money all around.

for "junior-level" Candidates (College students/Fresh Graduates/Others

drawing annual salary of $\le$ Rs. 2 lakh), we are planning to "sell" their resumes (to an online recruiter) for a fixed amount per resume.

Such persons, would have in advance authorised us, (While filling-in their resume form online on our website), to "forward" their resumes to our online/offline Corporate-clients, without taking/obtaining their permission each time their resume gets shortlisted.

When an online shopping-basket arrives (or is created offline by one of our consultant thru localised resume-search) for an offline client), the Order Execution Module, should be able to

$\triangleright$ Calculate the amount payable by the Corporate Client

(e.g. 10 resumes $\times$ Rs. 500/resume = Rs. 5000).

$\triangleright$ Send out an "offer/quotation" automatically to the concerned client by e-mail (standard standard letter where blanks get filled-in automatically in case of Online Shopping basket or manually by consultant

case of an offline search), asking client to send a D/D of Rs. 5000/=

$\triangleright$ Send-out (i.e. email) 10 full resumes (with name/contact details) to the concerned Corporate Client as soon as D/D & its received & details are entered in the O/E module against that specific Shopping Basket NO/Client Name.

This "ONLINE SALE OF RESUME" feature is not mentioned anywhere in the folder given to you earlier since this is a recent development.1

This is however, one of the most CRITICAL/IMPORTANT feature of the Order Execution Module, which requires perfect/seamless integration with our website-ba2sed process of

$\triangleright$ Online Resume-Search by headhunter

$\triangleright$ Shortlisting by " "

$\triangleright$ Filling-up of Shopping Basket

$\triangleright$ arrival of SB at our office, triggering the ORDER EXECUTION MODULE.

This "triggering/activating" is keyword!

T/1

COMMENTS ON "TERMS" QUOTED BY APPLITECH VIDE THEIR QUOTATION DATED AUG. 21, 2000

GENERAL

$\textcircled{\small{1}}$ Source-code will be handed-over to 3P and will become intellectual property of 3P.

$\textcircled{\small{2}}$ Applitech will not undertake development/deployment of similar "Order Execution Module" for any other recruitment agency/executive-search company/placement company or any unincorporated individual engaged in similar business, whether or not such a firm/individual has an internet website or not.

$\textcircled{\small{3}}$ Applitech will not divulge and/or part with any procedure/business-process/document/system/records/Software applications etc. which it has obtained access to, during the course of this assignment at 3P Consultants and used by 3P Consultants to any other firm/individual3.

T/2

LICENSE FEE

We do not require the O/E module software to be installed at any other site but it should be capable of being accessed & operated from any of our branch-offices, which we propose to interlink thru VPN.4

There will be no local processing nor any database residing in the branch-office computers but all "access/operation" by any branch must be "logged".5

On branch-office computers, there will NOT be any floppy/CD drive/tape drive.6

Although there will be local printers, all "print-commands" must be given by Central server in M7umbai.

T/3

TRAVEL & STAY

(For Visits to Bombay)

During

Travel Reimbursement

Stay Reimbursement (Boarding & Lodging)

Design/coding/ Implementation/ training stage

One-way $2^{\text{nd}}$ A/c fare ($\text{A'bad}$ to Mumbai)

NIL

During 90 day Warranty period

One-way, $2^{\text{nd}}$ A/c fare ($\text{A'bad}$ to Mumbai)

NIL

Beyond Warranty period

One-way, $2^{\text{nd}}$ A/c fare ($\text{A'bad}$ to Mumbai)

Rs. 2500/= per perday (if stay is overnight)

This is OK as per Sudhakar 12/9/2000

PROJECT EXECUTION PLAN & PAYMENT SCHEDULE

(Fees will be payable on completion of each stage)

Stage

Deliverables

No. of Days

Fees

0

Place Order

20%

I

Detailed System Requirement Study (SRS) DOCUMENT.

10.

II

Detailed System Design Document (SDD)

30

20%

- ER diagram/Screen Prototypes

- Final Data Model/Data Dictionary

- Updated Process Description

- Screen Design Document

- Menu Design Document

III

Implementation Schedule

40

20%

IV

Executable Software Installation + All documentation

20

20%

[System documentation]

[User Manual]

[Operational Manual]

+ Training.

V

Debugging till fault-free operation of software

40

20%