Employee Non-Compete Agreement Builder

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GOVERNMENT OF INDIA • STATE OF MAHARASHTRA

NON-JUDICIAL STAMP PAPER — VALUE As applicable in the State

[Leave top 90mm blank space when printing directly onto physical Stamp Paper]

EMPLOYEE NON-COMPETE AGREEMENT

(RESTRICTIVE COVENANT, NON-SOLICITATION & TRADE SECRET PROTECTION CONTRACT • ROLE: Vice President of Trading Systems)

This EMPLOYEE NON-COMPETE AGREEMENT is made and entered into on this 1 August 2026 at Mumbai, Maharashtra, by and between:

1. THE COMPANY / EMPLOYER (PARTY OF THE FIRST PART):

FinTech Quantum Labs Pvt Ltd, having registered office at Level 12, Express Towers, Nariman Point, Mumbai, Maharashtra 400021.

(hereinafter referred to as the "COMPANY", which expression shall, unless repugnant to the context or meaning thereof, include its successors, administrators and permitted assigns).

AND

2. THE EMPLOYEE (PARTY OF THE SECOND PART):

Aditya Kulkarni, residing at Plot 88, Baner Road, Pune, Maharashtra 411045, serving as Vice President of Trading Systems.

(hereinafter referred to as the "EMPLOYEE", which expression shall, unless repugnant to the context or meaning thereof, include his/her legal heirs, executors and administrators).

WHEREAS the Licensor is the sole absolute legal owner of the residential property situated at:

RESTRICTED INDUSTRY SCOPE: Direct competitors in algorithmic trading software, fintech payment gateways, or financial analytics platforms | DURATION: 12 Months Post-Employment | GEOGRAPHY: Territory of India and international markets where Company operates

WHEREAS the Employee holds or held a key executive/technical position with access to confidential algorithms, customer goodwill, and trade secrets; AND WHEREAS in consideration of valid employment/severance benefits provided, the Employee covenants to adhere to the non-competition and non-solicitation restrictions set forth hereunder:

RESTRICTIVE COVENANTS AND TERMS:

1. NON-COMPETITION RESTRICTIVE COVENANT:

During employment and for a period of 12 Months Post-Employment, the Employee covenants not to accept employment with, consult for, advise, or launch any competing enterprise in: Direct competitors in algorithmic trading software, fintech payment gateways, or financial analytics platforms.

2. RESTRICTED GEOGRAPHIC TERRITORY:

The geographic restrictions under this covenant shall extend across: Territory of India and international markets where Company operates.

3. NON-SOLICITATION OF CLIENTS & CUSTOMERS:

The Employee covenants not to directly or indirectly solicit, divert, induce, or conduct business with any client, account, or customer of the Company for a duration matching the non-compete period.

4. NON-SOLICITATION OF EMPLOYEES & TECHNICAL STAFF:

The Employee agrees not to solicit, entice, recruit, or headhunt any existing employee, software engineer, or contractor of the Company to join a competing entity.

5. VALID LEGAL CONSIDERATION:

In consideration for agreeing to these restrictive covenants, the Employee acknowledges receipt of: Included in standard severance package / Rs. 1,00,000 Retention Bonus which is fair, reasonable, and legally adequate.

6. INJUNCTIVE RELIEF & LIQUIDATED DAMAGES:

The Employee acknowledges that breach of these covenants will cause irreparable harm to the Company, entitling the Company to seek immediate injunctive relief and liquidated damages from a court of competent jurisdiction.

7. GOVERNING LAW & JURISDICTION:

This Agreement shall be governed by the laws of India and subject to the exclusive jurisdiction of the competent civil courts situated at Mumbai.

8. WITNESS EXECUTION:

This Non-Compete Agreement is executed in the presence of the following independent witnesses: • Witness 1: ____________________ (Residing at: ____________________) • Witness 2: ____________________ (Residing at: ____________________)

Place / Location: ______________________Date of Execution: ______________________

IN WITNESS WHEREOF, the Company and the Employee have executed this Non-Compete Agreement on the day, month and year first above written.

COMPANY / AUTHORIZED SIGNATORY

FinTech Quantum Labs Pvt Ltd

COMPANY / AUTHORIZED SIGNATORY

EMPLOYEE / SIGNATORY

Aditya Kulkarni

EMPLOYEE / SIGNATORY

WITNESS 1:

Name: ______________________

Signature: ___________________

WITNESS 2:

Name: ______________________

Signature: ___________________

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