Free Declaration in Support - District Court of California - California

Case 3:07-cv-06198-MHP

Document 50-3

Filed 07/10/2008

Page 1 of 3

EXHIBIT B

Case 3:07-cv-06198-MHP

Document 50-3

Filed 07/10/2008

Page 2 of 3

Exhibit B
Costs
# of Analysts # of Associates

Timelines
12 13 3 Contracts for Praveen and Analysts Analyst Signing Bonus payment Analysts Resign Praveen Signing Bonus payment Praveen Resigns Contracts for Associates & Support Associates & Support Signing Bonus Associates Resign Support Staff Resign TWP Decision on Real Estate Start Date 1-Nov 8-Nov 10-Nov 11-Nov 13-Nov 17-Nov 21-Nov 23-Nov 23-Nov 8-Dec 9-Jan

Milestones
Office Set up Finalize Coverage Plan Launch Coverage of 30 stocks Start Analyst marketing Start Morning Call Coverage of 30 more stocks Total Coverage of 100 stocks 9-Jan 8-Feb 8-Apr 8-Apr 8-Apr 7-Jun 6-Aug

Support Staff

Total Purchase Price Signing Bonus
Analysts Associates Support Staff Praveen Analysts Associates Support Staff Praveen

$5,000,000 $1,200,000

Year 1 Guarantee Comp

$3,700,000

$375,000 $275,000 $50,000 $500,000

Praveen Perks

$1,700,000 $1,300,000 $200,000 $500,000

$100,000

Thomas Weisel Analyst Meeting Schedule - Oberoi Business Center
Name Preeti Dubey Vijay Sarathi Abhiram Eleswarupu Sandeep Mathew Sameer Naringrekar Joseph George Lakshmi Ganti Amit Shah Vishal Sharma Girish Nair Interview Time 10/25 10am 10/25 1 1am 10/25 12pm 10/25 1pm 10/25 2pm 10/25 3pm 10/26 10am 10/26 1 1am 10/26 12pm 10/26 1pm
# yrs Sector Coverage Work Ex Logistics & Infrastructure 8.0 Telecom & Media 11.0 IT Services 6.0 Energy & Env Services 4.0 Telecom Equipment 11.0 Consumer - Retail 4.0 Capital Goods & Machinery 9.0 Oil & Gas 4.0 Healthcare Services 7.0 Electronic Supply Chain 5.0

Education MS (Finance) - Wisconsin, CFA Ph.D (IIM-A), CFA BE, MBA(ISB) MMS (BITS) BE, MBA (ISB) CA (Rank), CFA B.E, MBA (IIM-C) MS (Finance) -North Carolina MBA (Missouri), CFA, CA BE, MBA(TAPMI)

Case 3:07-cv-06198-MHP

Document 50-3

Filed 07/10/2008

Page 3 of 3

Purchase Price Analysts Year 1 Guarantee Associates Year 1 Guarantee Support Staff Year 1 Total Year 1 Comp Guarantee Signing Bonus Praveen Chakravarty Year 1 Guarantee Comp Housing & Other Perks Signing Bonus

$5,000,000 $1,730,000 $1,300,000 $139,635 $3,169,635 $676,922 $1,153,443 $500,000 $100,000 $553,443

(Base - 865k, Bonus 865k) (Base 650k, Bonus 650k) (Base - 90k, Bonus 50k) (Incl. TWP Bonus) (Base 200k, Bonus - 300k) (Incl. unvested equity of 60k shares @$13)

Analysts Avg Work Ex % with MBA % with CFA 1..urrent Base 10/25 11am 10/25 2pm 10/26 10am 10/25 10am 10/26 12pm 10/25 12pm 10/26 1pm 10/25 1pm 10/25 3pm 10/26 11am
i otai

10 7.0 85% 35% Proposed Base $115,000 $100,000 $100,000 $100,000 $100.000 $70,000 $70,000 $70,000 $70.000 $70,000 $865,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50.000 $50,000 $50,000 $50,000 $50.000 $50,000 $50.000 $650,000

Associates Avg Work Ex % with MBA % with CFA Guaranteed Bonus $115,000 $100,000 $100,000 $100,000 $100,000 $70,000 $70.000 $70,000 $70.000 $70,000 $865,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $650,000

13 4.0 100% 14% signing Bonus $44275 $44275 $46200 $46200 $46200 $26,031 $34,125 $31,850 $33,841 $31,500 $384,497 $23,625 $24,500 $21,000 $18,375 $22,750 $24,500 $24,500 $15,750 $19,250 $20,125 $20,125 $21,000 $17,500 $273,000 $657,497 $12,250 $5,075 $2,100 $19,425
* yrs Sector Coverage Work Ex

Name Vijay Sarathi Sameer Naringrekar Lakshmi Gant Preeti Dubey Vishal Sharma Abhiram Eleswarupu Girish Nair Sandeep Mathew Joseph George Amit Shah

07 Bonus

'LW L-omp expected US TWP Base ($)

Total $230,000 $200.000 $200,000 $200.000 $200,000 $140,000 $140,000 $140,000 $140,000 $140,000 $1,730,000 10 analysts $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100.000 $100,000 $1,300,000 13 associates $3,030,000 $46,410 $71,775 $21,450 $139,635 $500,000 $60,000 $400,000

Education I Ph.D (IIM-A), FA BE, MBA (ISE BE, MBA (Illy -C) MS (Finance) - Wisconsin, CFA MBA (Missoui i). CFA, CA BE, MBA(ISB BE, MBA(TAF MI) MMS (BITS) CA (Rank), CI A MS (Finance) -North Carolina

Telecom & Media Telecom Equipment Capital Goods & Machinery Logistics & Infrastructure Healthcare Services IT Services Electronic Supply Chain Energy & Env Services Consumer - Retail Oil & Gas

11.0 11.0 9.0 8.0 7.0 6.0 5.0 4.5 4.0 4.0 7.0 7.0 6.0 6.0 6.0 4.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 2.0 4.0

Ribhu Kumar Amit Dabas Vivek Rattan Parees P Abhishek B Samir Diwan Krishna P Avinash S Sriram S Manish G Charanjit S Karan Gupta Shashank Total Research Comp NFL/Prod Mgmt 10/26 2pm IT Admin Assistant Total Support Comp Praveen Chakravarty Housing Restricted Stock

MBA (IIM-C) B.Tech(IIT-D) MBA(IIM-B) MBA (Baylor I niv) MBA(TAPMI) B.Tech(IIT-D) MBA(IIM-1) MS (Finance) - Brandeis Univ B.Tech (BITS , MBA (NITIE) 13.6, MBA (MI I) CA, CFA. MB, (ISB) MBA (IIM-L) CFA Level 2, I BA (IIT-M) MBA (AIM, Mi nila) MBA(XLRI)

$27,300 $47,850 $14,300 $89,450 $200,000 $60,000

$19,110 $23,925 $7.150 $50,185 $300,000

REDACTED