Document:

Exhibit

June 6, 2016                                           Exhibit 10.1

                    
Dear Mr. Ahuja,  

Re: Employment Letter 

Novelis Inc. is pleased to offer you the role of Senior Vice President and Chief Financial Officer. This position will initially be based in Atlanta, Georgia (US) but may be relocated to any other location based on business needs. You will report to Mr. Steven Fisher, President and Chief Executive Officer of Novelis Inc.  The terms and conditions applicable to your appointment to this position are as follows:

		
	1.
	Position Title 

Senior Vice President and Chief Financial Officer of Novelis Inc.

		
	2.
	Base Salary

Effective July 19, 2016, your base salary will be $500,000 annually.  Your next salary review will be in July 2017.

		
	3.
	Annual Incentives

You are entitled to participate in Novelis Annual Incentive Plan (AIP). The target opportunity for your position will be 76% of your annual base salary. The annual incentive performance measures for Fiscal Year 2016-2017 are set forth in the Novelis 2017 Executive Annual Incentive Plan. 

		
	4.
	Long Term Incentive Plan (LTIP)

You are eligible to participate in the Novelis Long Term Incentive Plan (LTIP).  Your target opportunity for Fiscal 2016-2017 is $450,000. The LTIP grant is in the form of 50% Novelis Performance Units, 20% Hindalco Stock Appreciation Rights (SARs) and 30% Hindalco Restricted Stock Units (RSU’s) as more fully described in the Novelis 2017 Executive LTIP Plan. 

		
	5.
	Benefits

Novelis provides a wide range of benefits as well as an annual Company paid Executive Physical examination. Benefits include:

		
	•
	Savings and Retirement 

		
	•
	Life insurance 

		
	•
	Medical and prescription drug plan for you and your eligible dependents

		
	•
	Dental coverage for you and your eligible dependents

		
	•
	Short-Term Disability

		
	•
	Long-Term Disability 

		
	•
	Business Travel and Accident Insurance 

		
	•
	Flex Perks – You will receive an annual stipend of $48,000 minus required deductions, paid to you over 12 months.  This amount is intended for your personal use for club memberships, tax preparation services, car allowance, professional financial services or as you may choose.  The company does not otherwise pay club dues and/or other services

		
	6.
	Relocation

You will be entitled to relocation assistance ordinarily extended to executive-level Novelis employees, which shall include, at a minimum: shipment of household effects, travel expenses to Atlanta, Georgia for you and your immediately family members, real estate sale assistance for your current residence, real estate purchase assistance for a residence in the Atlanta, Georgia area, miscellaneous relocation allowance and income tax adjustment for relocation expense reimbursements.  You will be required to repay any relocation assistance if you voluntarily separate from Novelis within your first twenty-four (24) months of your employment.

		
	7.
	Additional Payments

		
	7.1

	In recognition of the forfeiture of the annual bonus earned in connection with your prior employment and as inducement for you to enter into this Agreement, Novelis will pay you a lump sum of $57,500 on the first anniversary of your employment start date. 

		
	7.2

	In recognition of the forfeiture of stock awards earned in connection with you prior employment and as inducement for you to enter into this Agreement, Novelis will pay you $67,000 on the first anniversary of your employment start date, $67,000 on the second anniversary of your employment start date, and $67,000 on the third anniversary of your employment start date.  

		
	7.3

	To assist you with any US federal and state tax liability relating to pension benefits earned in connection with your prior employment and as inducement for you to enter into this Agreement, Novelis will pay you an amount equal to the taxes owed with respect to such pension benefits, up to $350,000.  Such reimbursement shall be made promptly upon receipt of written evidence satisfactory to Novelis that the expense was incurred.

		
	7.4

	Notwithstanding the foregoing, the payments contemplated by this paragraph are expressly conditioned upon your continued employment with 

2

Novelis through the applicable payment date and shall be subject to all applicable taxes and other withholdings.  Further, you agree that if you voluntarily resign your employment with the Company prior to the third anniversary of your employment start date, then you shall promptly repay the full amount of all payments made to you by Novelis pursuant to paragraphs 7.2 and 7.3 above  within 30 days following your last day of employment with Novelis and hereby authorize Novelis to recover such amounts by reducing any other compensatory amounts payable to you by the Company; provided, however, that in the event of your death or disability during the term of your employment with Novelis, any payments contemplated by paragraphs 7.1, 7.2 and 7.3 above which have not been made shall be accelerated and any payments that have been made shall not be subject to recovery by Novelis.

		
	8.
	Vacation Entitlement

Your vacation entitlement is governed by Novelis’ vacation policy but will be no less than 25 days annually. You are also entitled to the paid holidays in Novelis published holiday schedule for the Atlanta office.

		
	9.
	Change in Control 

Novelis will provide you with a separate Agreement that provides protection in the event of a Change in Control.   

		
	10.
	Severance and Other Termination Benefits

You are entitled to severance and other benefits if the Company shall terminate your employment other than for Cause, or you terminate your employment for Good Reason defined as follows: 

“Cause” means only (i) your conviction of any crime (whether or not involving the company) constituting a felony in the applicable jurisdiction; (ii) willful and material violation of the companies policies including, but not limited to, those relating to sexual harassment and confidential information; (iii) willful misconduct in the performance of your duties for the Company; or (iv) willful failure or refusal to perform your material duties and responsibilities which is not remedied within ten (10) days after written demand from the Board of Directors to remedy such failure or refusal.

“Good Reason” means any of the following if it shall occur without your express written consent:  (i) a material reduction in your position, duties , reporting relationships, responsibilities, authority, or status within the Company except as contained in this contract;  (ii)  a reduction in your base salary and target short term and long term incentive opportunities in effect on date hereof or as the same may be increased from time to time during the term of this Agreement; or (iii) any failure of the Company  to comply with its obligations under this Agreement, in each case which is not remedied within ten (10) day after written demand by you to remedy such reduction or failure.

3

Your right to receive severance and benefits shall be subject to the terms and conditions of the Company's release from and waiver by you of claims, non-compete agreement and non-solicitation agreement for executive employees. No payments or benefits shall be paid unless you execute such release and waiver of claims, non-compete agreement and non-solicitation agreement. The Release shall not release your right to receive indemnification and defense from the Company for any claims arising out of the performance of your duties on behalf of the Company. Termination of employment due to Cause, Death, Disability or Retirement at any time shall not give rise to any rights to compensation.

(a) Severance Pay. The Company shall pay a lump sum cash amount equal to:
        [A x (B + C)] - D, where

                     "A" equals a multiplier of 1.5;

"B" equals your annual base salary (including all amounts of such base salary that are voluntarily deferred under any qualified and non-qualified plans of the Company) determined at the rate in effect as of the date of appointment, which stands at $ 500,000;

"C" equals your target short term incentive opportunity given in this contract of employment which is $380,000; and

"D" equals the amount of retention and severance payments, if any, paid or payable to you by the Company other than pursuant to this Agreement; it being expressly understood that the purpose of this deduction is to avoid any duplication of payments to you.

(b)     Other Benefits

		
	(i)
	If you are not eligible for retiree medical benefits and are covered under the Company's group health plan at the time of your termination of employment, the Company shall pay an additional lump sum cash amount for the purpose of assisting you with the cost of post-employment medical continuation coverage equal to: (C x M) / (1 - T), where

"C" equals the full monthly COBRA premium charged for coverage under the Company's group medical plan at your then current level of coverage;

                                "M" equals twelve (12) months; and

                                "T" equals an assumed tax rate of 40%

4

(ii) To the extent applicable, you shall be entitled to continue coverage under the Company's group life plan for a period of twelve (12) months at your pre-termination level of coverage.

(iii)  You shall be entitled to twelve (12) months of additional credit for benefit accrual and contribution allocation purposes including credit for age, service and earnings pro rated over twelve (12) months under the Company's tax-qualified and non-qualified pension, savings or other retirement plans; provided that if applicable provisions of the Code prevent payment in respect of such credit under the Company's tax-qualified plans, such payments shall be made under the Company's non-qualified plans.

(iv) To the extent you are not already fully vested under the Company's tax-qualified and non-qualified retirement pension, savings and other retirement plans, you shall become 100% vested under such plans; provided that if applicable provisions of the Code prevent accelerated vesting under the Company's tax-qualified plans, an equivalent benefit shall be payable under the Company's non-qualified plans.

Notwithstanding the foregoing provisions of this paragraph 8 or any other provision in this Agreement, if you are a “specified employee" within the meaning of Code Section 409A, then all payments under this Agreement shall be delayed for a period of six (6) months to the extent required by Section 409A.

Should you decide to voluntarily separate from the company you will have to give the company a 3 month notice and will not be entitled to any of the payments in this paragraph 8.   

11. Internal Revenue Code Section 409A

To the extent applicable, this Agreement shall be interpreted in accordance with Section 409A of the Code and the applicable U.S. Treasury regulations and other interpretative guidance issued thereunder, including without limitation any regulations or other guidance that may be issued after the effective date of this Agreement. Notwithstanding any provision of the Agreement to the contrary, the Company may adopt such amendments to the Agreement or adopt other policies and procedures, or take any other actions, that the Company determines is necessary or appropriate to exempt the Agreement from Section 409A and/or preserve the intended tax treatment of the benefits provided hereunder, or to comply with the requirements of Section 409A and related U.S. Treasury guidance, as long as such changes do not reduce the overall compensation.

5

12. Non-Competition 

		
	12.1
	Competing Entities:   In this Agreement, “Competing Entities” includes any entity whose major business consists of manufacturing or recycling of aluminium, alumina, or downstream rolled aluminium products. 

		
	12.2 
	Competitive Activities:  You covenant and agree that, while employed with the Company and for 24 months thereafter, you shall not, directly or indirectly, in any manner whatsoever including, without limitation, either individually, or in partnership, jointly or in conjunction with any other person, or as employee, principal, agent, consultant, director, shareholder, lender or otherwise:

		
	(a)

	be engaged actively in or by any Competing Entities in order to provide products or services similar to the products and services provided by the Company;

		
	(b)

	have any financial or other interest including, without limitation, an interest by way of royalty or other compensation arrangements, in or in respect of any Competing Entities, excluding the ownership of not more than 5% of the issued shares of any such Competing Entities, the shares of which are listed on a recognized stock exchange or traded in the over-the-counter market; or 

		
	(c)

	advise, lend money to or guarantee the debts or obligations of any Competing Entities.

13    Non-Solicitation

		
	13.1
	Customers and Suppliers: You covenant and agree that, while employed with the Company and for 24 months thereafter, you will not, in any manner, directly or indirectly, by any means, in any capacity, in order to direct away from the Company, approach, solicit, or contact any customers or suppliers of the Company who has actively done business with the Company in the preceding twenty four months, or any prospective customer or supplier that the Company approached, solicited or contacted in the preceding twenty four months, or attempt to do any of the foregoing, in order to offer or obtain services or products that compete with the business of the Company (or any material part thereof) as conducted at the time of the cessation of the your employment or during the twenty four month period prior to such date or contemplated to be carried on in its most recent annual business plan.

		
	13.2
	Employees: You covenant and agree that, while employed with the Company and for 24 months thereafter, you will not induce or solicit, or attempt to induce or solicit, or assist any person to induce or solicit, any management or higher employee, contractor or advisor of the Company, or assist or encourage any management or higher employee, contractor 

6

or advisor of the Company, to accept employment or engagement elsewhere that competes with the business of the Company (or any material part thereof) as conducted at the time of the cessation of your employment or any other business conducted by the Company during the twenty four month period prior to such date or contemplated to be carried on in its most recent annual business plan.

14.    Governing Law

This letter agreement shall be governed by, and shall be construed in accordance with, the internal laws (and not the laws of conflicts) of the State of Georgia.

15. Obligation to Mitigate Damages: No Effect on other Contractual Rights 

15.1 You shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by you as a result of employment by another employer after your termination of employment, or otherwise.
15.2 The provision of this Agreement, and any payments provided for hereunder, shall not reduce any amounts otherwise payable, or in any way diminish your existing rights, or rights which would accrue solely as a result of the passage of time, under any employee benefit plan or arrangement providing retirement benefits or health, life, disability, or similar welfare benefits.

16. Successor to the Company

The Company will require any successor or assign (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to absolutely and unconditionally assume and agree to perform this Agreement in the same manner and to the extent that the Company would be required to perform it if no such succession or assignment had taken place. 

Any failure of the Company to obtain such assumption and agreement prior to the effectiveness of any such succession or assignment shall entitle you to terminate your employment for Good Reason.

17. Indemnification

The Company will provide full indemnification to the maximum extent permitted under the Companies by-laws and applicable law. The Company shall maintain Directors and Officers liability insurance coverage in an amount reasonably anticipated to satisfy such indemnification during your employment and at all times thereafter for the duration of any period of limitations during which any action may be brought against you.

7

18. General

		
	18.1 
	All the information in this letter including eligibility for participation in compensation and benefits plan is subject to the terms of applicable plan documents and policies, which are subject to change during the normal course of Novelis business, but shall not result in an overall reduction of your compensation or terms and conditions of your employment. Your employment at Novelis is “at – will” and either you or Novelis may decide to terminate the employment relationship at any time for any reason, except as provided by law. The terms of this letter, therefore, do not and are not intended to create either an express or implied contract of employment with Novelis for any particular duration. 

		
	18.2
	In carrying out the Company’s business, employees often learn confidential or proprietary information about the Company, its customers, suppliers, or joint venture parties. Employees must maintain the confidentiality of all information so entrusted to them, except when disclosure is authorized or legally mandated. Confidential or proprietary information of the Company, and of other companies, includes any non-public information that would be harmful to the relevant company or useful or helpful to competitors if disclosed.  You will find more information about this in the Code of Conduct.  By signing below, you acknowledge you have received a copy of the Novelis/Aditya Birla Group Code of Conduct.   

 
If you agree with the foregoing terms, please sign and return a copy of this letter to me. If you have any questions, please feel free to contact me.

Sincerely,

/s/ HR Shashikant            
HR Shashikant
Senior Vice President and Chief Human Resources Officer

Accepted:

/s/ Devinder Ahuja            
Devinder Ahuja

Date: June 6, 2016

8Exhibit

 Long Term International Assignment letter
Page 1 of 1

April 28, 2016                                      Exhibit 10.2

Sachin Satpute

PERSONAL & CONFIDENTIAL – Long Term Assignment Letter

Dear Sachin,

Congratulations on your International Assignment.  This letter details the terms and conditions applicable to your assignment in Seoul, South Korea.  Your targeted start date is subject to your receipt of a valid work permit and our receipt from you of a signed copy of this letter. 

The objective of an international assignment is to create an adaptable, comprehensive program that provides flexibility to move people globally at the right time, to the right location for the business and to the right role for development of talent. As such, Novelis reserves the right to extend and/or end the assignment before or prior to the anticipated end-of-assignment date.

This letter does not create a contract of employment, but simply seeks to confirm the conditions which pertain to your international assignment.  

This assignment letter details the benefits that will be provided to you during your Long Term International Assignment.  Please refer to the Long Term International Assignment Policy document for complete details and descriptions.   

Proposed Position:             Senior Vice President and President, Novelis Asia
Proposed Band:                      Job Band: Executive B        
Assignment Effective Date:         June 1, 2016    
Expected Length of Assignment:         3 Years    
		
	You will report to: 
	President and Chief Executive Officer, Novelis Inc.        

		
	Home Country:  
	India    

Host Country:                 South Korea    

Base Salary:  For the duration of this assignment, salary administration will be based on your Home Country policies and practices as well as your performance. Your base salary will be
356,000,000 KRW. Your next salary review will be July 2017.  For the duration of this assignment, you will be paid from the Novelis Korea, Ltd., payroll. 

Bonus Plan:  While on assignment your target annual bonus opportunity will be 60% of your annual cash base salary earnings during the year.  Bonuses are awarded based upon annual 

 Long Term International Assignment letter
Page 2 of 2

individual performance and business performance measured against established objectives and they are typically paid in the first quarter following the end of each performance year.  Your potential receipt of an annual bonus is subject to the discretion of the Company and the amount of any award made to you will depend on a number of factors in addition to your individual performance, including your employment by the Company at the time that such awards are made.  Any annual bonus paid to you will be subject to hypothetical tax withholding.

Long Term Compensation:  You are eligible to participate in our long-term compensation plan.  The types of awards granted under this plan may change from time to time but they currently include stock appreciation rights (SARs) and restricted stock units (RSUs).  Under this plan your annual target is currently USD $360,000.  
Your potential receipt of a long-term compensation award is subject to the discretion of the Company and the amount of any award to you would depend on a number of factors in additional to your individual performance, including your employment by the Company when such awards are made. 

Assignment Benefits:

Novelis utilizes a relocation services provider, Lexicon Relocation, to assist employees on international assignments. All relocation benefits are administered via Lexicon. Tracy Gorman is the Novelis Global Mobility Manager who will work with Lexicon on the coordination of your assignment benefits.  Please contact her with any assignment-related questions. Her contact information may be found on the last page of this letter.

Work Permits/Visas:  An Immigration Services Provider will assist in obtaining the proper visas/work permits for you and your family.   To the extent that you pay any visas, passport, and/or immigration expenses personally, you will be reimbursed per the instructions provided to you. Permanent residence status is not provided for temporary assignments.

House Search Trip:  You will be reimbursed for an accommodations search trip to your host country for five (5) business days and up to seven (7) days, including weekends, to review housing rental and schooling options.  

Transportation to the Host Country:  You will be reimbursed actual reasonable travel expenses for relocation to the assignment location at the start of the assignment.  Class of air travel will be in accordance with your home country business travel guidelines.

Medical Examinations:  We strongly suggest that you and your family have a medical examination prior to your departure.  This is intended for your own safety to enable you to clarify any medical concerns prior to the start of the assignment.

Medical Coverage: You and your dependents will be covered by the Company designated international medical benefit plan.  Details will be forwarded to you under separate cover. 

Cultural Orientation and Language Training:  You and your family will be offered 2 days of a cultural orientation session.  You and your spouse will also be eligible for language training, if needed.

Shipment of Personal Effects and Storage:   Lexicon will contract with a relocation company to move your household belongings to your host country location.   You will be entitled to air ship up to 500lbs for you, 500lbs for your spouse/partner and 250lbs for each accompanying dependent.  

 Long Term International Assignment letter
Page 3 of 3

You will also be entitled to surface ship your other household goods, limited to a 40-foot container.  

Temporary Accommodation:  The Company will reimburse you for reasonable temporary furnished accommodation for you and any relocating eligible family member(s) for up to 30 days in the Home or Host location. 

Additional Vacation Time:
Additional vacation time to move and settle in to the host location shall not exceed three(3) days in the home country and three(3) days in the host country, for a total of six(6) business days, if needed. Any other additional vacation time taken during the relocation period will be per the home country vacation entitlement. 

Home Leave: To maintain ties to your Home Country while on assignment, the Company will provide for reimbursement of airfare in accordance with Company Travel Policy for one home trip per year for you and any dependents residing with you in the Host Country. The Company will also reimburse you for transportation to and from the airport, if needed.  Vacation days are intended to be utilized, when days are spent not working on a home leave trip.

Assignment Allowances
 
These allowances are paid only for the period of your international assignment and will not be considered for bonus, long term compensation and/or benefit calculation purposes.   Please note that any tax in relation to these allowances will be paid by the Company.   

Relocation Allowance:  A relocation allowance equivalent to one month’s salary capped at KRW11,100,000 grossed up for taxes, will be paid to you.  This allowance is meant to cover any incidental costs incurred in connection with your relocation that are not specifically addressed in the policy.  

Host Housing Allowance:  The host housing budget is designed to provide an amount necessary to obtain rental housing in the Host Country. The Company has established the housing budget in Host Country to be a maximum of KRW 8,650,000 per month. This is based on your family size and data from Novelis’ Data Services Provider.  You will be able to choose the type of accommodations that you would like to meet your personal lifestyle needs.  However, you are responsible for paying any amount incurred in excess of the established maximum.  Should you choose to purchase housing in the host location, Novelis will discontinue this benefit. 
Host Housing Utilities Allowance:  Novelis will also provide a utilities allowance determined by the designated Data Services Provider in order to assist with utilities such as gas, water, and electric.  Personal utilities – home telephone, internet, or cable television – are not covered.  A Utility allowance of KRW355,000/month will be paid to you.
Spousal Assistance Allowance: Novelis will provide acclimation programs through Lexicon Relocation, as needed or a lump sum allowance of  KRW 5,600,000 or home country equivalent.
Dependent Education reimbursement:  Novelis will reimburse the difference between your current Home Country education costs and the Host Country education costs for private schooling (grades K-12).  The differential cost covered includes tuition, application and registration fees, textbooks, mandatory uniforms and transportation costs.  Items not in the differential cost include, but are not limited to, lunches, sports clothing or equipment, field trips or 

 Long Term International Assignment letter
Page 4 of 4

extra-curricular activities.  Additional details are referenced in the Novelis International Long-Term Assignment policy. 
Home Country Property Management:  If you owned your home prior to the start of the global assignment, an allowance for Home Country property management costs will be provided by Novelis.  The allowance is one time lump sum payment of KRW11,100,000, or home country equivalent (net of taxes) via direct reimbursement in accordance with the Novelis International Long-Term Assignment policy.  
If you rented your home prior to the start of the global assignment, lease cancellation fees will be reimbursed up to the equivalent of 2 month’s rent (net of taxes).
Host Country Transportation:  You will be provided with transportation assistance in the Host Country according to the local car policy.  The current policy in Korea is to provide a car for the duration of the assignment and a driver, if needed. (Hyundai Equis with a driver)

Home Country Vehicle Allowance:  Novelis will provide KRW 3,890,000 or home country equivalent per car. This includes a maximum of 1 car for single employees and a maximum of 2 cars for married employees.   This allowance may be used for loss on car sale, lease breakage fees, or to store your vehicle, in accordance with the Novelis International Long-Term Assignment policy. 
Wire Transfer Allowance:  To facilitate the transfer of funds to the Host Country, Novelis will provide a monthly reimbursement of up to KRW 111,000 (net) or home equivalent towards the costs of wire transfer and banking fees.

Tax Return Preparation Services
To assist in understanding how your tax position will be affected by the assignment, you will be invited to tax briefings in both your home and host countries with the Company designated tax provider.
Tax return preparation will be provided by the Company designated tax provider for the duration of the assignment and one additional year following repatriation, if needed.

Repatriation
The Company will relocate you and your family back to your Home Country or to another international assignment at the end of this assignment, according to the terms of the International Long Term Assignment Policy.  Prior to the successful conclusion of your assignment, you may be contacted to be considered for new opportunities with the Company which may determine the exact location of your repatriation.  However, the Company does not guarantee employment at the end of your assignment.

Termination
If you terminate employment at your option and for Good Reason while abroad and you have no employment, at your manager's discretion, the Company will pay moving expenses in accordance with the Company's domestic and foreign policy for yourself, your family, and your household goods and furniture. Expenses to your point of origin will be paid, provided you return to that point within thirty days of termination.

If you terminate employment at the Company's option while abroad, the Company will pay moving expenses in accordance with the Company's domestic and foreign policy for yourself, your family, 

 Long Term International Assignment letter
Page 5 of 5

and your household goods and furniture.  Expenses to your point of origin will be paid, provided you return to that point within thirty days of termination. 

If a Company-initiated termination occurs, you will receive adequate advance notice in accordance with the provisions of the Home country policy.  Similarly, if you voluntarily terminate, you are expected to give notice in accordance with the provisions of the Home Country Policy.  If you are provided leased housing by the Company, you agree to vacate Company housing within thirty (30) days of termination.

Termination will require immediate settlement of all outstanding tax, travel, and other advances.

Years of Service - Impact on Benefits
Your total years of service with companies affiliated with the Aditya Birla Group shall be recognized for purposes of calculating retirement benefits.  

In some locations, national law may construe a voluntary termination or transfer to an affiliated company as a “termination”, or require that any severance payment to be made should be based on more years of service than those actually performed in the country of last employment.  As an expatriate employee, you are not eligible to receive such payments. If however, you do receive 
them, you will be required to repay the Company upon receipt. If repayment is not made within sixty (60) days, the amounts will be offset against other benefits to which you may be entitled.

Confidential or Proprietary Information
 In carrying out the Company’s business, employees often learn confidential or proprietary information about the Company, its customers, suppliers, or joint venture parties.  You must maintain the confidentiality of all information so entrusted to you, except when disclosure is authorized or legally mandated.  Confidential or proprietary information of the Company, and of the companies, includes any non-public information that would be harmful to the relevant company or useful or helpful to competitors, if disclosed.  You will find more information about this in the Novelis Code of Conduct and Guidelines for Ethical Behavior.

Code of Business Conduct and Ethics
You and your family should understand that you can be, and often are, highly visible representatives of The Company in the host location.  As such, you will need to be familiar with and adhere to The Company’s Code of Conduct and applicable Home and Host Country work laws.  It is imperative that you and your family members follow both the letter and the spirit of the law, not only to protect yourselves from criminal or civil penalties, but also to maintain and advance the Company’s image as a reputable corporate citizen in the countries in which we operate.  You will be expected to operate in compliance with The Novelis Code of Conduct and Guidelines for Ethical Behavior at all times.  

Data Protection Act  
To manage your assignment effectively we may need to process personal data relating to you for the purpose of personnel and employment administration.  This may include the transfer of data to, and processing by, other offices. Examples could include providing the Host Country office with your bank account details, or an emergency contact number for a relative in your home country.

By signing this assignment letter, you consent under the Data Protection Act, to the processing of this personal data.   This is likely to include the provision that, from time to time, such data be 

 Long Term International Assignment letter
Page 6 of 6

transferred to the other offices, including those based in countries outside of the EU.  Data will only be released to authorized individuals for administrative purposes only.

Governing Law
This letter, your global assignment and your employment relationship generally are subject to and governed by the laws of Home Country in accordance with the terms of the International Assignment Policy.  This letter shall not be amended or supplemented unless in writing signed by you and a duly authorized representative of your Host Country. 
Confidentiality Requirement  
This letter contains the total cash and benefits that you will receive and no local benefits other than those included in this letter are to be provided.  By signing this letter, you agree to keep this Agreement confidential and not to disclose its content to anyone except your lawyer, immediate family, or your financial consultant, provided such persons agree in advance to keep the contents of this Agreement confidential and not to disclose it to others.  

Best wishes to you in your new assignment.

Sincerely,

/s/ HR Shashikant

HR Shashikant
Chief Human Resource Officer, Novelis Inc.

Please indicate your agreement by signing below and returning this letter as soon as possible.

I have reviewed the general terms and conditions of my international assignment outlined above and by signing below, accept these conditions. 

/s/ Sachin Satpute                        May 3, 2016
_________________________________            __________________
Signature                            Date    

If at any time you have questions related to your assignment benefits, you can contact: 

Tracy Gorman
Manager, Global Mobility
Office: +1 678-823-4875 
Mobile: +1 404-565-3134
Tracy.Gorman@novelis.com

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00261-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00261-of-00352.parquet"}]]