Company: G
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001140361-25-013031
Chunk: 65

Company: Genpact LTD
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 65
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 of the service period for such PSUs, with respect to the number of shares that would have vested had Mr. Nanduru continued in service for a period of 12 months following the termination date (the “Additional Shares”). All time-based options may be exercised for any Additional Shares vesting under the time-based option and any previously-vested shares for six months following the termination date (or if earlier, upon the expiration of the term of the time-based option). In the event such termination occurs within 24 months following a change of control, Mr. Nanduru’s outstanding time-based options, time-based RSUs and PSUs will vest in full on the termination date (with respect to the number of shares then subject to the awards). All time-based options (including with respect to any previously-vested shares) will remain exercisable for a period of 6 months following the termination date (or if earlier, upon the expiration of the term of the time-based option). Mr. Nanduru’s payments upon termination of employment described above are subject to his execution of a release of all claims against us and our affiliates. In addition, Mr. Nanduru will be subject to certain non-competition and non-solicitation covenants for one year after the termination of his employment. Riju Vashisht . On November 23, 2021, we entered into an employment agreement with Ms. Vashisht. The employment agreement has an indefinite term and may be terminated by us or Ms. Vashisht, subject to the severance provisions described below. The employment agreement provides for an annual base salary of $470,000 and a target bonus of 100% of annual base salary. Ms. Vashisht’s base salary was set at $625,000 for 2024. In addition, Ms. Vashisht is entitled to benefits and perquisites generally available to our other employees and paid vacation in accordance with Company policy. For purposes of Ms. Vashisht’s employment agreement, the term “good reason” means a material reduction in the nature of Ms. Vashisht’s authorities or duties or a material reduction in base salary, which has not been cured by us within 30 days following notice to us of such event by Ms. Vashisht. In the event of Ms. Vashisht’s termination for good reason or by the Company without cause, Ms. Vashisht will receive severance benefits that consist of a cash payment