Exhibit 10.11

 

PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE
SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL
TREATMENT UNDER RULE 24B-2 OF THE SECURITIES EXCHANGE ACT; [***] DENOTES
OMISSIONS.

 

Contract ID No. CW483516

 

Amendment — CW483516

To Master Service Provider Agreement

(Contract ID No. JPMC 70575)

 

This Amendment (“Amendment”) to the Master Service Provider Agreement, dated
December 6, 2004, as amended (the “Agreement”) is made and entered into as of
the 29th day of March 2012 (“Amendment Effective Date”) among JPMorgan Chase
Bank, National Association (“JPMC”), with an office located at 270 Park Avenue,
New York, New York, 10017 and Virtusa Corporation located at 2000 West Park
Drive, Westborough, MA 01581 (“US Supplier”) and Virtusa India Pvt. Ltd., 3rd
Floor, My Home Tycoon, Begumpet, Hyderabad 500-016, India (“Offshore Supplier”).

 

WHEREAS, JPMC and Supplier have entered into the Agreement, as amended, and

 

WHEREAS, JPMC and Supplier now wish to further amend the Agreement as set forth
herein.

 

NOW, THEREFORE, in consideration of the foregoing premises and the promises,
terms and conditions set forth below and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties
hereto, intending to be legally bound, agree as follows.

 

1.             Effective April 1, 2012, to amend the Exhibit G to the Agreement
as follows:

 

(a)          The Title of Exhibit G is hereby amended and restated to be
“Pricing and Rate Card”

 

(b)         The pricing set forth on Exhibit G, including the associated terms
(collectively, the “Rate Card), is effective April 1, 2012 for all new time and
material engagements between the parties hereto executed on or after January 1,
2012 but to be performed on or after April 1, 2012, but excluding any agreements
executed prior to January 1, 2012, JPMC reserves the right to review and adjust
said Rate Card periodically (the frequency and results of such a review will be
based upon supply, demand and/or other internal/external economic forces, but in
no such case shall such review be less than annually.

 

(c)          In addition, Supplier will [***]

 

(i)             [***********************************] Supplier pursuant to time
and material engagements performed from [******************];

 

(ii)   [***********************************] Supplier pursuant to time and
material engagements performed from [*******************];

 

and

 

(iii)  [***********************************] Supplier pursuant to time and
material engagements performed from [********************].

 

2.             Except as expressly amended herein, the Agreement remains in full
force and effect for the period from April 1, 2012 to December 31, 2013.

 

3.             Terms not defined herein shall be as defined in the Agreement.

 

1

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PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE
SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL
TREATMENT UNDER RULE 24B-2 OF THE SECURITIES EXCHANGE ACT; [***] DENOTES
OMISSIONS.

 

Contract ID No. CW483516

 

4.             By executing this Amendment, the parties hereto ratify and
confirm the terms of the Agreement, as modified by the terms of this Amendment.

 

5.             This Amendment may be executed in one or more counterparts, each
of which shall for all purposes be deemed to be an original and all of which
shall constitute the same instrument.

 

6.             If there shall be any conflict in the terms and conditions of the
Agreement and the terms and conditions of this Amendment, the terms and
conditions of this Amendment shall control and be binding.

 

7.             All references in the Agreement in and/or to “this Agreement” and
words of a like nature shall be deemed to refer to the Agreement, as amended and
supplemented by this Amendment.

 

IN WITNESS WHEREOF, JPMC and Supplier have caused duly authorized
representatives of their respective companies to execute this Amendment as of
the Amendment Effective Date.

 

JPMORGAN CHASE BANK,

VIRTUSA CORPORATION

NATIONAL ASSOCIATION

 

 

 

By:

/s/Peter Van Allsburg

 

By:

/s/Paul D. Tutun

 

 

 

Printed Name:

Peter Van Allsburg

 

Printed Name:

Paul D. Tutun

 

 

 

Title:

 

 

Title:

S.V.P. & General Counsel

 

 

 

Date:

3/30/2012

 

Date:

3/31/2012

 

 

 

 

 

VIRTUSA INDIA PVT. LTD.

 

 

 

By:

/s/Kris Canekeratne

 

 

 

 

Printed Name:

Kris Canekeratne

 

 

 

 

Title:

CEO

 

 

 

 

Date:

3/31/2012

 

2

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PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE
SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL
TREATMENT UNDER RULE 24B-2 OF THE SECURITIES EXCHANGE ACT; [***] DENOTES
OMISSIONS.

 

Contract ID No. CW483516

 

Exhibit G

 

[*****]

 

3

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