Company: G
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001140361-25-013031
Chunk: 67

Company: Genpact LTD
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 67
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EXECUTIVE OFFICER COMPENSATION |

Incentive compensation plans We adopted our 2017 Omnibus Incentive Compensation Plan, or the 2017 Plan, on May 9, 2017 as a successor to our 2007 Omnibus Incentive Compensation Plan, or the 2007 Plan. The 2017 Plan was amended and restated in April 2019 and approved by our shareholders at our 2019 annual general meeting. The 2017 Plan was subsequently amended and restated in April 2022 and approved by our shareholders at our 2022 annual general meeting. No grants may be made under the 2007 Plan after the date of adoption of the 2017 Plan. Grants that were outstanding under the 2007 Plan as of the Company’s adoption of the 2017 Plan remain subject to the terms of the 2007 Plan. Restricted share unit awards The RSUs granted to our named executive officers in 2024 under the 2017 Plan vest with respect to one-third of the shares underlying the award on January 10th of each year from 2025 through 2027, subject to each NEO’s service through each vesting date. The awards may be assumed, substituted or continued in connection with a change of control and continue to vest based on the vesting requirements of the awards. If not assumed, substituted or continued, then the awards will vest in full and become payable at the time of the change of control. An RSU award will vest in full in the event of a participant’s termination by the Company without cause within 24 months following a change of control of the Company in connection with which the award is assumed, continued or substituted. Additionally, RSUs will vest on a pro-rated basis with respect to the number of shares that would have vested on the vesting date after an NEO’s termination date in the event of such officer’s termination by reason of death, disability or retirement prior to full vesting of the award. As described above, under the employment agreements for our NEOs other than Mr. Tyagarajan, the RSUs are also subject to partial acceleration upon certain involuntary terminations without a change of control. The RSUs (and any shares issued thereunder or proceeds from the sale of such shares) are subject to potential forfeiture in the event of a breach of restrictive covenants. Performance share unit awards The PSU awards granted to our named executive officers in 2024 under the 2017 Plan vest based on the Company