Company: G
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001140361-25-013031
Chunk: 60

Company: Genpact LTD
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 60
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 |EXECUTIVE OFFICER COMPENSATION |

other than our board of directors or a material relocation of Mr. Tyagarajan’s principal place of employment, which has not been cured by us within 30 days following notice of such event by Mr. Tyagarajan. If Mr. Tyagarajan’s employment had been terminated by us without cause or by Mr. Tyagarajan for good reason, then in addition to any earned but unpaid salary or bonus and payment for accrued but unused vacation, Mr. Tyagarajan would have been entitled to payment of an amount equal to the sum of (I) two times Mr. Tyagarajan’s then current base salary and (II) two times the annual bonus received for the fiscal year preceding the fiscal year in which the termination occurred. In addition, the agreement required us to reimburse Mr. Tyagarajan for the cost of acquiring health benefits for himself and his dependents at the same level of coverage and benefits provided to our US-based senior executives for two years following the date of termination, or any earlier date on which he and his dependents became eligible for such health benefits from another employer. Mr. Tyagarajan’s payments upon termination of employment described above were subject to his execution of a release of all claims against us and our affiliates. The release would also be executed by us and release Mr. Tyagarajan from any claims by us relating to Mr. Tyagarajan’s employment or services other than claims based on acts or omissions of Mr. Tyagarajan that involve fraud or which were not known to the non-employee directors on the date of such release. The release also includes a mutual non-disparagement provision. Under his employment agreement, for two years after the termination of his employment, Mr. Tyagarajan is subject to certain non-competition and non-solicitation covenants. Michael Weiner . On July 16, 2021, we entered into an employment agreement with Mr. Weiner, effective as of August 2, 2021, in connection with his appointment as our Chief Financial Officer. The employment agreement has an indefinite term and may be terminated by us or Mr. Weiner, subject to the severance provisions described below. The employment agreement provides for an annual base salary of $600,000 and a target bonus of 100% of annual base salary. Mr. Weiner’s base salary was set at $650,000 for 2024. In addition, Mr. Weiner is entitled to benefits and perquisites generally available to our employees and