April 03, 2017

Computation of prizes (Cash and possibly an LUV) for SD and SBU

Computation:                                                            SBU                            SD

1.  Awards to     SBU and SD for meeting     4 x 100t                     4 x 100
    targets
                                                                              400,000                    400,000
                                                                       1 x 50t                       1 x50t

                                                                             450,000                   450,000

2.  Ertiga GLS                                                      918,000                    918,000

                      Total                                          1,368,000                    1,368,000     

                       Grand Total                                                                  2,736,000

                                 % of sales                 2,736,000/300,000t         0.9%

                                % of collection            for first year (cash)

                                                                  2,736,000/18,000,000      15.00 

                                                                of total collection:

                                                                  2,736t/ 270,000                 1%


                              if amortization:

                              Cash award  -                       900,000

                             DP for Suzuki   115t x2          230,000

                             Amort for 12 months

                               5 years to pay

                               18,671 x 12 x 2                  74,864,

                               Total                                   1,204,864/
                                                                        18,000,000                   13, .38%

Jorge  U. Saguinsin


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