Compensation Arrangements for Calendar Year 2013 and Restricted Stock Unit Grants for Certain Executive Officers

On September 13, 2012, the Compensation Committee of the Board of Directors (the "Committee") of TeleNav, Inc. (the "Company") approved the calendar year 2013 compensation arrangements of and the grants of restricted stock units ("RSUs") to certain executive officers of the Company. The calendar year 2013 compensation arrangements for and RSUs to such executive officers are as follows:

                                                 Base Salary for        Bonus Target
                                                  Calendar Year         for Calendar          Number
Name                                                  2013                Year 2013          of RSUs
Dr. HP Jin
President, Chief Executive Officer and
Chairman of the Board of Directors              $         280,000                  70 %            -
Michael Strambi
Chief Financial Officer and Treasurer                     270,000                  50          50,000
Dariusz Paczuski
Vice President, Marketing, Products and
Monetization                                              255,000                  60          70,000
Hassan Wahla
Vice President, Business Development and
Carrier Sales                                             255,000                  60          60,000

The base salaries listed for the executive officers in the table above are effective as of October 1, 2012.

The bonus targets specified for the executive officers in the table above are for use under the Company's 2013 Bonus Plan, and the individual and corporate key performance indicators relating to the bonuses of the executive officers for calendar year 2013 will be determined by the Committee at a subsequent meeting. The Company's Chief Executive Officer may make adjustments to the bonus targets of up to 15% of each bonus target pursuant to the terms of the 2013 Bonus Plan.

The RSUs granted to the Company's executive officers listed in the table above began vesting on September 13, 2012 (vesting commencement date) and will vest as to 1/4th of the shares each year after the vesting commencement date on the same day of the year as the vesting commencement date, subject to the executive officer's continuous status as a service provider. The RSUs were granted under the Company's 2009 Equity Incentive Plan.