Document:

Separation Agreement

 Exhibit 10.1 

 
 

 
 BY HAND 
 Mr. Hermann Waldemer 
 May 7, 2012 

Separation Agreement and Release (the “Agreement”) 
 Dear Hermann, 
 We refer to your communication this weekend with Louis Camilleri during which you
informed him of your final decision to take early retirement from Philip Morris International Management S.A. (“the Company”) effective May 31, 2013. The Company and you mutually agree to the following terms and conditions relating to
your early retirement. 
  

	1.	Definitions 

 In this Agreement the
expressions below shall have the following meanings: 
 An “Affiliate” of a company means any person, company, group of companies or
other entity, which, either directly or indirectly, owns, is owned by, has common owner(s) with, or shares ownership interest in that company. 

“Confidential Information” shall have the meaning set out in Section 7. 
 The “Tobacco Business” means the manufacture, sale, marketing and/or distribution of cigarettes or other tobacco products. 

 

	2.	Ending of Employment Agreement 

 As
per the separation letter dated May 7, 2012, your employment with the Company will end on May 31, 2013 (the “Early Retirement Date”). However, you will be exempt from any further obligation to appear for work and to render any
services on behalf of the Company or any of its Affiliates after July 31, 2012 (the “Physical Exit Date”), and you agree that there is no need to engage in any activities for, or be present at, the Company or any of its Affiliates

 Philip Morris International Management S.A. 
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www.philipmorrisinternational.com 

 after that date, unless you are specifically requested to do so by Louis Camilleri on or prior to the Early
Retirement Date. 
  

	3.	Payments by the Company  

 (a) Your
salary will be paid up to and including the Early Retirement Date, together with the following, each of which will be paid in a single sum within 30 days after the Early Retirement Date: 

 

	 	(i)	 the pro-rated
13th month salary for the period January 1, 2013 to
the Early Retirement Date; 

  

	 	(ii)	your pro-rated fidelity premium; 

  

	 	(iii)	any outstanding vacation entitlement, as per Company records, provided that, if the vacation you have taken exceeds your pro-rated vacation entitlement up to
July 31, 2012, the Company will deduct the vacation days you took in excess of the entitlement from other payments under this Agreement. You will not be eligible to accrue further vacation after July 31, 2012. 

(b) In recognition of your contribution to the Company and subject to your countersignature of this Agreement, you will receive a lump sum payment
in the total gross amount of CHF 1’350’966.—. Instead of receiving the amount mentioned in this sub-section 3(b), you may opt to have the Company finance an enhancement, on your behalf, of the Pension schemes of Philip
Morris in Switzerland, by transferring part or the total amount of the lump sum payment to the Philip Morris Pension Fund to enhance your retirement benefits, subject to certain restrictions. The decision to transfer must be notified to the
Company by March 31, 2013; if the case arises, the transfer will take place before the Early Retirement Date and the Company shall deduct the amount of the transfer from the lump sum payment that would otherwise be paid to you under this
subparagraph. Please contact our Pension Fund Administration for further information. 
 If you do not use this option, the amount of CHF
1’350’966.— will be paid in a lump sum payment within 30 days after the Early Retirement Date, subject to your compliance with the terms and conditions of this Agreement. 
 If you elect to transfer only a part of the lump sum payment to the Philip Morris Pension Fund, the balance of the lump sum payment will be paid in a lump sum within 30 days after the Early Retirement
Date, subject to your compliance with the terms and conditions of this Agreement. 
 (c) In addition, and subject to your countersignature of
this Agreement and to your compliance with the terms and conditions of this Agreement, you will receive your 2012 

  

			
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	 Philip Morris International Management S.A.

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Incentive Compensation (IC) pro-rated through July 31, 2012. This IC payment will be made at the end of February 2013 on the basis of the relevant 2012 IC business and individual performance
ratings and subject to Internal Revenue Code Section 162(m) maximum levels. 
 (d) You expressly agree that (i) no payment will be
made (and that you are not entitled to any amount) for (or in lieu of) the pro-rated 2013 Incentive Compensation (IC), and (ii) no equity award will be made with respect to your 2012 and 2013 performance, and no payments will be made in lieu
thereof. You further expressly agree that your annual base salary will not be reviewed in April 2013. 
 (e) Subject to your compliance with the
terms and conditions of this Agreement, the unvested stock awards previously granted to you, namely 138’320 shares of deferred stock, shall fully vest on April 30, 2013. 
 The accelerated vesting will be implemented by UBS Financial Services Inc. (“UBS”) on April 30, 2013 and shares will be issued to you as soon as reasonably practicable after that date. The
Company will comply with local laws and regulations including wage tax withholding (income and/or social security to the extent required) and information reporting to the taxing authorities as may be required. 

Your wage tax withholding (and any other withholding of payroll taxes) will be satisfied by deducting the number of shares equal in value to the amount
of the withholding requirements from your stock award; therefore, the number of shares deposited into your UBS account on the vesting date will be net of the shares used to satisfy applicable withholding taxes (rounded up to the next whole share).

 You understand and agree that this vesting is being accelerated, and the valuation will be determined, in accordance with the terms
established at the sole discretion of the Company. 
 (f) The amounts payable pursuant to this Section 3 will be subject to income tax and
social security deductions, if applicable. If necessary, in particular should you no longer be residing in Switzerland when such payments are made, the Company will make any applicable Swiss tax withholdings from such payments. Notwithstanding the
preceding, it shall be your responsibility to make all tax payments in respect of your receipt of these amounts. 
 (g) Any outstanding balance
on the account of the corporate credit card issued in your name as of the Early Retirement Date and any other amounts that for any reason you may owe to the Company as of the Early Retirement Date will be set-off from the sums payable pursuant to
this Section 3. 
 (h) If you seek to revoke your early retirement or if the Early Retirement Date as defined in this Agreement is
postponed for any reason whatsoever, the accelerated vesting described in subsection 3(e) shall not occur. 

  

			
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	 Philip Morris International Management S.A.

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 (i) In the event of your death before the payment to you of any amounts payable to you as per the above,
subject to your having complied in full with the terms of this Agreement at the date of your death, the Company will pay your designated beneficiary the balance of the amounts unpaid within two months from your death, with the actual date of payment
determined within the sole discretion of the Company. 
  

	4.	Tax Advice  

 The Company will pay
the fees of KPMG for the preparation of your 2012, 2013 and 2014 Swiss and German tax returns. The fees paid by the Company represent a taxable benefit to you and will be subject to income tax and social security deductions, if applicable.

  

	5.	Company Car  

 You will have the
option to buy your present Company car at its current net book value, with the option exercisable before April 30, 2013. If you exercise this option, the difference between the market and the book value will represent a taxable benefit for you
and will be subject to income tax and social security deductions, if applicable. The transfer will be effective on the Early Retirement Date. Insurance of the car will become your responsibility on the Early Retirement Date. The Company will not
require reimbursement of the registration tax paid for 2012 and 2013, but payment for 2014 and beyond shall be your responsibility. The Company will be entitled to deduct payment for the car from your last payment of salary and/or from any other
payment due to you according to this Agreement. No warranties will be given as to the condition of the car, and you will be deemed to have full knowledge thereof. If you decide not to exercise your option to buy the Company car, it will be your
obligation to return it to the Company on or before the Early Retirement Date, in accordance with the terms of the relevant Company car policy. 
  

	6.	Health / Accident Insurance 

 All
your welfare benefits will be kept in force until the Early Retirement Date, with the exception of the accident insurance (LAA coverage only), which will cover you for an additional thirty (30) days beyond the Early Retirement Date. After that
each type of coverage ends, although you may elect to maintain coverage with Groupe Mutuel under the Company’s contract at your full expense or to seek alternative private coverage at your full expense. 

 

	7.	Confidentiality  

 You acknowledge
that during your employment you were engaged in a position of trust and confidence and you were privy to Confidential Information (as defined below). You acknowledge that it benefits both the Company and its employees for the Company to protect its
Confidential Information and to obtain the rights to discoveries, inventions, improvements, innovations and other works developed by its employees. You acknowledge your duties of confidentiality and your obligations with respect to the Company will
continue in accordance 

  

			
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	 Philip Morris International Management S.A.

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with your contractual, professional and statutory obligations. This Agreement does not prevent you or the Company from responding truthfully to a lawfully issued subpoena, court order or other
lawful request by any regulatory agency or governmental authority. 
 You must return any Confidential Information in tangible or electronic
form in your possession by the Physical Exit Date at the latest. 
 You agree that, unless you are required by a lawfully issued subpoena, court
order or other lawful request by any regulatory agency or governmental authority, you will not disclose or cause to be disclosed in any way: 
  

	 	•	 	 any Confidential Information; or 

  

	 	•	 	 any documents or information obtained by you relating to or arising out of your employment with the Company or the operations of the Company;

  

	 	•	 	 any information about business or legal strategies; or 

 

	 	•	 	 any information covered by the attorney client privilege or constituting attorney work product. 

You understand that use or disclosure of Confidential Information would violate this Agreement and applicable law, and would cause immediate and
irreparable harm to the Company and its competitive position. You thus acknowledge and agree that the Company is entitled to (and you will be bound by) preliminary and permanent injunctive relief in order to prevent or stop such violations, in
addition to damages, costs, and other relief that may be appropriate. In particular, if it will be established by a decision of any competent court, your unconditional admission or mutual agreement that you have breached your duty to keep
Confidential Information confidential, you will not be entitled to any future payments under this Agreement and will reimburse the Company for any and all payments made to you hereunder. If you are required by a lawfully issued subpoena, court order
or other lawful request by any regulatory agency or governmental authority to disclose any Confidential Information, you agree to notify the Company (specifically, the Company representative who has signed this Agreement, or his successor) as soon
as practicable. 
 For purposes of this Agreement, Confidential Information shall mean any information obtained as a result of your employment
by the Company including its current or former employees, current or former customers, or potential customers that belongs to the Company or is private (not publicly known or available), whether or not it is designated that way in writing. Examples
of Confidential Information include, but are not limited to: trade secrets; intellectual property; business strategies; litigation strategies; customers or prospective customers; sales, marketing or advertising; business policies; government
relations; finances; products, services, or pricing; business development matters; organizational structure; research and development; legal strategies; technology (including methods, systems, techniques, procedures, designs, specifications,
formulae, inventions, know-how, hardware 

  

			
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	 Philip Morris International Management S.A.

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and software); data and databases; testing or evaluation procedures; and other information of a similar nature. Confidential Information also includes information you prepared or developed during
your employment with the Company, and other information to which you had access. The information can take any form, including written or electronic, and includes all copies of such Confidential Information. 

Unless required by a lawfully issued subpoena, court order or other lawful request by any regulatory agency or governmental authority to release
information, the Company will keep any information with respect to your employment and/or the end of your employment strictly confidential, subject to the Company’s obligations under the securities laws, pursuant to which it intends to announce
your resignation and to file this Agreement with the U.S. Securities and Exchange Commission. 
 These confidentiality obligations continue to
be valid and enforceable after the end of your employment relationship but, with respect to any particular Confidential Information, for only so long as such Confidential Information has been maintained as confidential by the Company. 

Both parties agree not to speak disparagingly of the other party. 
  

	8.	Affiliate Directorships  

 You
agree to resign as a Director, Manager or similar positions of all Affiliates of the Company of which you are a director or manager, or hold a similar position on or before the Physical Exit Date, by promptly signing the resignation letter(s) that
the Company shall submit to you. 
  

	9.	Company Property  

 In addition to
your obligation to return Confidential Information by the Physical Exit Date at the latest, you will also return to the Company by that date all files, documents, tapes, CD’s, and copies thereof, and other items belonging to the Company and its
Affiliates irrespective of their source and origin, including, where applicable, credit cards, telephone cards, blackberry, SmartPhones (HTC, QTEK), iPhones, keys, access and identification cards, and computers, and, if requested, will certify that
this has been done to the best of your belief. You may however keep the mobile telephone provided to you by the Company or its Affiliates, on condition that you pay all future bills and bear all expenses related thereto as of the Physical Exit Date.

 If you have not exercised your option to buy the Company car as per Section 5, it must be returned by the Early Retirement Date.

  

			
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	 Philip Morris International Management S.A.

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	10.	Non Competition  

 You recognize
and agree that you have access to information relating to the Company and its Affiliates, and their respective businesses, including business plans and strategies, which are highly confidential, and that you have been employed by the Company in a
special position of trust. You also recognize that the Company is undertaking, pursuant to Section 3 of this Agreement, to make substantial payments to you. 
 In consideration of the premises, you agree that you will not, without the prior written consent of the Chief Executive Officer of the Company, provide any services between the date of this Agreement and
the Early Retirement Date and for a period of 12 months from the Early Retirement Date, directly or indirectly, whether as an employee, consultant or otherwise, to any person, company, group of companies or other entity (i) engaged in the
Tobacco Business, or (ii) which owns directly or indirectly, either individually or jointly with other parties and whether through ownership of voting securities or otherwise, more than 5% of the equity ownership of any person, company, group
of companies or other entity engaged in the Tobacco Business, or (iii) one of the purposes of which is to take positions or actions in opposition to the Tobacco Business. 
 Your obligations in the preceding paragraph shall apply worldwide, including, without limitation, with respect to Japan Tobacco Inc., Imperial Tobacco Group p.l.c., British American Tobacco p.l.c., China
National Tobacco Company, and their Affiliates. 
 You further agree between the date of this Agreement and the Early Retirement Date and for a
period of 12 months from the Early Retirement Date not to acquire a financial interest or shares in an enterprise engaged in the Tobacco Business or to enter into a partnership with such an enterprise. The acquisition of 5% or less of shares in a
publicly held corporation will not be deemed a violation of this covenant not to compete. 
 In case of any violation of these covenants, a
contractual penalty of CHF 500’000.— shall be due by you to the Company. In addition, the Company reserves the right to seek further damages and/or specific performance of this covenant not to compete. 

 

	11.	Future Relationship and Cooperation  

 You agree that, consistent with applicable law and to the extent the Company or any of its Affiliates so requests, you will cooperate reasonably and truthfully with the requesting company in connection
with any matter, including any legal or business dispute, with which you were involved or had knowledge of while employed by the Company and its Affiliates, including but not limited to any enquiry, proceeding, hearing, or investigation by or before
any administrative, executive, judicial or legislative body or agency, or within the Company and its Affiliates. You agree to make yourself available if and when reasonably required by the Company, its Affiliates or relevant counsel, taking into
account your schedule. The Company will reimburse you for all reasonable travel and other out-of-pocket expenses 

  

			
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	 Philip Morris International Management S.A.

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incurred by you in connection with your compliance with this obligation. Such amounts shall be payable within 60 days of receipt of the corresponding expense statement provided, however, that you
must submit any such expense statement to the Company no later than 90 days prior to the end of the calendar year following the year you incur the expense. 
 You agree that, to the extent consistent with applicable law, you will not aid, assist, or participate in any legal action or proceeding filed by third parties against the Company or its Affiliates or,
against any of its or their current or former officers, directors, employees, employee benefit plans or funds or pension funds. 
 Nothing in
this Section shall prohibit you from responding truthfully to a lawfully-issued subpoena, court order, or other lawful request by any regulatory agency or governmental authority. 
 Should you have to defend against any claim raised by a third party relating to the activities you performed within the context of your employment with the Company, the Company shall indemnify you to the
fullest extent permitted by applicable law for any amount said third party may succeed in claiming from you and any costs reasonably incurred by you in defending against such a claim, provided (i) you take all reasonable steps to defend
yourself and (ii) the amount to be paid to such third party appears in a final and enforceable Court decision or in a settlement agreement approved by the Company. 

 

	12.	Agreement and Release 

 By
countersigning this Agreement and in consideration of the payments to be made by the Company to you or for your benefit: 
  

	 	(i)	you hereby confirm that you accept and agree to all of the terms and conditions set forth above and you represent that you do not today or presently expect that you
will in the future have any claim or interest adverse to the Company or any of its Affiliates; 

  

	 	(ii)	 you also acknowledge that this Agreement provides consideration to you which you are not legally entitled to receive in connection with your employment
with the Company and/or the end of said employment, or under any other agreement. In exchange for receiving this additional consideration, you agree, on behalf of yourself, your heirs, personal representatives, executors, administrators, successors
and assigns, to forever release and discharge the Company, its Affiliates, and its and their respective successors, predecessors, divisions, assigns, assets, employee benefit plans or funds, pension funds, and any of its or their respective past,
present and/or future representatives, shareholders, directors, officers, fiduciaries, agents, trustees, administrators, and employees (collectively referred to as the “Releasees”), from any and all claims, demands, damages, remedies,
contracts (express or implied) and 

  

			
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causes of action of any kind or nature whatsoever, whether known or unknown, which you had, now have or in the future may or could have against the Releasees, or any of them, by reason of any
matter, act, omission or event that occurred, or is alleged to have occurred, up to the date of effectiveness of this Agreement, including, but not limited to, any and all claims in connection with your employment with the Company (or with any other
Releasee) and/or your separation therefrom. The foregoing releases shall not apply to any claims for monies due under this Agreement. 

  

	 	(iii)	you hereby acknowledge and agree that all overtime work you might have performed, if any, has been compensated in full; 

 

	 	(iv)	if any provision of this Agreement is held by a court of competent jurisdiction to be overbroad, unreasonable or unenforceable, such provision shall be given effect by
the court to the maximum extent possible by narrowing or not enforcing in part that aspect of the provision found overbroad, unreasonable or unenforceable, without affecting the validity or enforceability of the remainder of this
Agreement; and 

  

	 	(v)	you hereby agree that this Agreement sets out all the terms and conditions relating to the ending of your employment with the Company and supersedes all discussions and
understandings, if any, oral or written. 

 You represent that you have not, and agree that, to the extent permitted by law, you
will not, bring or cause to be brought any charges, claims, demands, or actions in any forum against the Company or any other Releasee arising from any matter, act, omission or event that occurred or is alleged to have occurred, up to the date of
effectiveness of this Agreement, including, but not limited to, any charge or claim in connection with your employment and/or your separation from employment, except for any claim related to settlement of any outstanding expenses pursuant to the
Company’s Expense Account Policy and the payments to be made pursuant to Section 3. 
 This waiver and release includes all claims of
any kind under the laws of Switzerland or any other jurisdiction, whether they are known to you or unknown, which you now have, had, or may hereafter claim to have had against the Company, its Affiliates and other Releasees, or any of them, by
reason of any matter, act, omission, or event that has occurred or is alleged to have occurred up to the date of this Agreement, except for claims that cannot be waived or released under Swiss law. Further, although the Company and you agree below
that no federal, state, or local U.S. employment laws apply to your employment relationship with the Company or its Affiliates, the waiver and release include, but are not limited to, claims under Title VII of the Civil Rights Act of 1964, as
amended, the Civil Rights Act of 1991, the Civil Rights Act of 1866, the Age Discrimination in Employment Act, as amended, the Americans With Disabilities Act, as amended, the Family and Medical Leave Act, as amended, the New York State Human Rights
Law, the New York Equal Pay Law, the New York City Administrative Code, and the Employee Retirement Income Security Act, as amended, to the 

  

			
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	 Philip Morris International Management S.A.

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extent, if at all, that these may be applicable, and/or all other applicable city, state or federal anti-discrimination and employment laws. 

This Agreement does not waive or release any rights or claims that you may have which arise after the date this Agreement and Release becomes effective.

 Nothing in this Agreement prevents you from filing an employment discrimination charge with an administrative authority or cooperating with
the investigation of such a charge. However, you expressly waive your right to any personal relief for claims released by this Section, including lost wages, salary, benefits, money damages, attorneys’ fees, costs, reinstatement or any other
legal or equitable relief whatsoever. You waive such personal relief even if it is sought on your behalf by an agency, a governmental authority, or a person claiming to represent you and/or any member of a class. 

The making of this Agreement is not intended to be, and shall not be construed, as an admission that the Company or any of the Releasees violated any
federal, state or local law (statutory or decisional), ordinance or regulation, breached any contract or committed any wrong whatsoever against you. 
  

	13.	Review Period 

 This offer of
mutual agreement is made without prejudice. Your right to receive the payments and benefits described in Section 3 is contingent on your executing this Agreement and returning it to the Senior VP Human Resources, within 21 days of your receipt
of this Agreement and your not revoking your acceptance of this Agreement as set forth below. 
 You acknowledge that you have at least 21 days
from the date you receive this Agreement to consider its terms. You may, if you want, sign and return this Agreement to the Company sooner. If you do so, however, you are waiving your right to the 21-day consideration period. You further agree that
any changes to this Agreement, whether material or otherwise, will not restart the 21-day consideration period. You are advised in writing to discuss this Agreement with an attorney and other professional persons unrelated to the Company before you
sign it. You acknowledge you are entering into this Agreement freely, knowingly, and voluntarily, with a full understanding of its terms. 
 The Agreement will be null and void if not accepted by May 28, 2012. Such acceptance shall be evidenced by your signature of this Agreement and delivery to the Company. You will have 7 days from the
date you sign and deliver this Agreement to revoke the Agreement by notifying the Company prior to the end of the seven-day period. The Agreement will become effective on the 8th day after you execute and deliver the Agreement. 

  

			
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	 Philip Morris International Management S.A.

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	14.	Governing Law and Jurisdiction 

Any issues relating to or arising out of this Agreement shall be governed exclusively by the laws of Switzerland without regard to its conflict of law
provisions and shall be subject to the exclusive jurisdiction of the competent courts of the Canton de Vaud, Switzerland. However, each party is hereby expressly authorized and entitled to initiate judicial action seeking preliminary or permanent
injunctive relief with respect to the obligations set forth under the confidentiality provisions of this Agreement, before any other court of competent jurisdiction. 
  

					
		 		 	Yours faithfully,
			
		 		 	 PHILIP MORRIS INTERNATIONAL

MANAGEMENT SA

			
	 /s/ KEVIN CLICK
	 		 	 /s/ RALF ZYSK

	Kevin Click	 		 	Ralf Zysk
	Senior VP Human Resources PMI	 		 	 VP Compensation, Benefits and
 International Assignments PMI

 I agree to the above: 
  

			
	Name:	 	 /s/ HERMANN WALDEMER

		 	(Hermann Waldemer)

 Date: May 7, 2012 

  

			
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	 Philip Morris International Management S.A.

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	www.philipmorrisinternational.comForm of 2012 Performance Share Award Agreement

 Exhibit 10.1 
 GENPACT LIMITED 
 2007 OMNIBUS INCENTIVE COMPENSATION PLAN 

PERFORMANCE SHARE AWARD AGREEMENT 
 THIS PERFORMANCE SHARE AWARD AGREEMENT (the “Agreement”), dated as of March 6, 2012 (the “Award Date”), is made by and between Genpact Limited, an exempted limited
company organized under the laws of Bermuda (the “Company”) and             (“Participant”). To the extent not defined herein, all capitalized terms in
this Agreement shall have the meanings assigned to them in the Genpact Limited 2007 Omnibus Incentive Compensation Plan (the “Plan”). 
 RECITALS: 
 WHEREAS, the Company has adopted the Plan for the
purpose of promoting the interests of the Company and its shareholders by attracting and retaining exceptional directors, officers, employees and consultants and enabling such individuals to participate in the long-term growth and financial success
of the Company. 
 WHEREAS, the Committee has determined that it is in the best interests of the Company and its shareholders to
grant to Participant a performance share award under the Plan as provided for herein. 
 NOW, THEREFORE, for and in
consideration of the premises and covenants of the parties contained in this Agreement, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto, for themselves, their successors and assigns,
hereby agree as follows: 
 1. Grant of Performance Shares Award. The Company hereby awards to Participant, as of
the Award Date, a performance share award (the “Award”) under the Plan entitling Participant to receive a number of Shares based on the extent, if any, to which the applicable vesting criteria are satisfied. The initial number of
Shares that shall be used to determine Participant’s rights pursuant to this Award is «Shares_Granted» (the “Target Performance Shares”). The number of Target Performance Shares shall be used solely to calculate the
maximum number of Shares that may be issued to Participant under this Agreement (“Actual Performance Shares”). Both the number of Target Performance Shares and Actual Performance Shares shall be subject to adjustment as set forth in
the Plan. The number of Shares issuable under the Award may be subject to reduction as set forth in Paragraph 3. 
 2.
Vesting Requirements. The Shares subject to the Award shall initially be unvested and shall vest only in accordance with the vesting provisions of this Paragraph 2 or the special vesting acceleration provisions of Paragraph 4. The Shares in
which Participant shall vest under this Paragraph 2 shall be determined pursuant to a two-step process: (i) first there shall be calculated the maximum number of Shares in which Participant can vest based upon the level at which the Performance
Goals specified in Appendix A of this Agreement (the “Performance Goals”) for the performance period commencing on January 1, 2012 and ending on December 31, 2012 (the “Performance Period”) are actually
attained and (ii) then the number of the Actual Performance Shares resulting from the clause (i) calculation in which Participant shall actually 

 
vest shall be determined on the basis of Participant’s completion of the applicable service vesting provisions set forth below. Accordingly, the vesting of the Shares shall be calculated as
follows: 
 (a) Performance Vesting. The number of Actual Performance Shares to which Participant may become
entitled under this Agreement shall be calculated following the end of the Performance Period and shall be based on the level at which the Performance Goals for the Performance Period are determined to have been attained. The number of Actual
Performance Shares to which Participant may become entitled at the end of the Performance Period shall be calculated by multiplying the designated number of Target Performance Shares by a performance percentage ranging from 0% to 150%. The actual
performance percentage to be used for such purpose shall be determined in accordance with the methodology set forth in Appendix A and shall be tied to the attained level of Company performance for the Performance Period described in Appendix A. In
no event may the number of Actual Performance Shares exceed one hundred fifty percent (150%) of the Target Performance Shares. 
 (b) Service Vesting: The Actual Performance Shares so determined represent the maximum number of Shares in which Participant can vest hereunder. The actual number of Shares in which
Participant shall vest shall be determined as follows: 
 (i) If Participant remains in continued employment or
service with the Company or an Affiliate from January 1, 2012 through December 31, 2014 (the “Service Period”), on December 31, 2014, Participant shall vest in 100% of the Actual Performance Shares. 

(ii) In the event of Participant’s termination of continued employment or service with the Company or an Affiliate
that occurs during the Service Period by reason of death or Disability, Participant shall be entitled to receive a number of Shares determined by multiplying (A) the number of Actual Performance Shares (if any) to which Participant would be
entitled based on the actual level at which the Performance Goals are achieved by (B) a fraction, the numerator of which is the number of months of employment or service in the Service Period prior to the termination (rounded up to the closest
whole month) and the denominator of which is thirty-six (36). 
 (iii) Should Participant cease continued
employment or service with the Company or an Affiliate for any other reason prior to the end of the Service Period, the Award shall be immediately canceled and Participant shall thereupon cease to have any right or entitlement to receive any Shares
under the Award. 
 3. Performance Goals. 
 (a) Committee Determination. Following the end of the Performance Period, the Committee shall determine whether and the extent to which the Performance Goals have been achieved for the
Performance Period and shall determine the number of Actual Performance Shares, if any, issuable to Participant with respect to the level of achievement of the Performance Goals based on completion of the service vesting requirement; provided that
with respect to any Award to a “covered employee” within the meaning of Section 162(m) of the Code, the Committee shall have certified the achievement of the Performance Goals. The

  
 2 

 
Committee’s determinations with respect to the achievement of the Performance Goals shall be based on the Company’s audited financial statements, subject to any adjustments made by the
Committee in accordance with Paragraph 3(b) below. If the threshold levels for the Performance Goals are not achieved, the Award shall be cancelled and Participant shall thereupon cease to have any right or entitlement to receive any Shares under
the Award 
 (b) Committee Discretion to Reduce or Eliminate Award. Notwithstanding satisfaction, achievement or
completion of the Performance Goals (or any adjustments thereto as provided below), the number of Shares issuable hereunder may be reduced or eliminated by the Committee on the basis of such further considerations as the Committee in its sole
discretion shall determine. 
 (c) Modification of Performance Goals. The Committee shall have the right to adjust or
modify the calculation of the Performance Goals as permitted under the Plan. 
 (d) Section 162(m). To the extent
the Committee has determined that this Award is intended to comply with the performance-based exception to Section 162(m) of the Code and Participant is a “covered employee” within the meaning of Section 162(m) of the Code, all
actions taken hereunder (including without limitation any adjustments of Performance Goals) shall be made in a manner which would comply with Section 162(m) of the Code. 
 4. Change of Control: In the event a Change of Control occurs during the Service Period, the number of Shares issuable under this Award and the date of issuance of the Shares shall be determined as
follows notwithstanding any provisions of this Agreement or the Plan to the contrary: 
 (a) In the event the Change of Control
occurs prior to completion of the Performance Period and Participant remains in continued employment or service with the Company or an Affiliate through the effective date of that Change of Control, then this Award shall be converted into a right to
receive the number of Target Performance Shares without any measurement of Performance Goal attainment to date, subject to the provisions of Paragraphs 4(c) and 4(d) below. 
 (b) If the Change of Control occurs on or after completion of the Performance Period but prior to completion of the Service Period and Participant remains in continued employment or service with the
Company or an Affiliate through the effective date of that Change of Control, this Award shall entitle Participant to receive the number of Actual Performance Shares based on the level of attainment of the Performance Goals, subject to the
provisions of Paragraphs 4(c) and 4(d) below. 
 (c) If this Award is assumed, continued or substituted in connection with the
Change of Control in accordance with the Plan, then provided Participant remains in continued employment or service with the Company or an Affiliate through the completion of the Service Period, the Shares issuable under this Award (as determined in
accordance with the applicable provisions of Paragraphs 4(a) and 4(b)) or other consideration payable in connection with such assumption, continuation or substitution, shall be issued on January 1, 2015 or as soon as practicable thereafter but
in no event later than March 15, 2015. If Participant’s continued 

  
 3 

 
employment or service terminates prior to completion of the Service Period, then except as otherwise provided in Paragraph 4(f) and Paragraph 4(g), the Award shall be immediately cancelled upon
such termination and Participant shall thereupon cease to have any right or entitlement to receive any Shares or other consideration under the Award. 
 (d) If this Award is not assumed, continued or substituted in connection with the Change of Control in accordance with the Plan, then the Shares issuable under this Award (as determined pursuant to
Paragraphs 4(a) or 4(b)) or other consideration payable with respect to such Shares in consummation of the Change of Control shall be issued on the effective date of the Change of Control or as soon as administratively practicable thereafter, but in
no event more than fifteen (15) business days after such effective date. 
 (e) Following a Change of Control, Participant
shall not have any right to receive any Shares under this Award in excess of the number of Shares determined under this Paragraph 4. 
 (f) In the event of Participant’s termination of continued employment or service with the Company or an Affiliate that occurs during the Service Period by reason of death or Disability, Participant
shall be entitled to receive a number of Shares determined by multiplying (A) the number of Shares (if any) to which Participant would be entitled in accordance with the applicable provisions of Paragraphs 4(a) and 4(b) had Participant’s
employment or service not terminated by (B) a fraction, the numerator of which is the number of months of service in the Service Period prior to the termination (rounded up to the closest whole month) and the denominator of which is thirty-six
(36). To the extent not issued at the time of the Change of Control, such Shares (or other consideration issuable under this Award) shall be issued immediately upon such termination or as soon as practicable thereafter, but not later than the
fifteenth (15th) day of the third (3rd) calendar month following the year of such termination. 
 (g) Notwithstanding
anything to the contrary, in the event of Participant’s Involuntary Termination that occurs during the Service Period and within twenty-four (24) months following a Change of Control in connection with which this Award is assumed,
continued or substituted, Participant shall immediately vest in the Shares (as determined in accordance with the applicable provisions of Paragraphs 4(a) and 4(b) above) or other consideration payable in connection with such assumption, continuation
or substitution issuable under this Award and such Shares or other consideration shall be issued immediately upon such Involuntary Termination or as soon as practicable thereafter, but in no event more than fifteen (15) business days after such
Involuntary Termination. 
 (h) Each issuance of Shares shall be subject to the Company’s collection of any Applicable
Taxes. 
 (i) For purposes of this Agreement, the following definitions shall apply: 

(i) “Involuntary Termination” shall mean the termination of Participant’s continued employment or service with the
Company or an Affiliate which occurs by reason of such individual’s involuntary dismissal or discharge by the Company (or Affiliate) for reasons other than Cause. 

  
 4 

 (ii) “Cause” shall mean “Cause” as defined in any employment or
consulting agreement between Participant and the Company or an Affiliate in effect at the time of termination or, in the absence of such an employment or consulting agreement: (A) any conviction by a court of, or entry of a pleading of guilty
or nolo contendere by Participant with respect to, a felony or any lesser crime involving moral turpitude or a material element of which is fraud or dishonesty; (B) Participant’s willful dishonesty of a substantial nature towards
the Company and any of its Affiliates; (C) Participant’s use of alcohol or drugs which materially interferes with the performance of his duties to the Company and/or its Affiliates or which materially compromises the integrity and
reputation of Participant or the Company and/or its Affiliates; or (D) Participant’s material, knowing and intentional failure to comply with material applicable laws with respect to the execution of the Company’s and its
Affiliates’ business operations. 
 5. Issuance of Shares; Withholding. 

(a) Except as otherwise provided under Paragraph 4, the Company shall issue the Shares to which Participant becomes entitled as soon as
practicable following completion of the Service Period but in no event later than the fifteenth (15th) day of the third (3rd) calendar month following the end of the Service Period, subject to the Company’s collection of any
Applicable Taxes; provided, however, that any Shares to which Participant becomes entitled under Paragraph 2(b)(ii) shall be issued no later than the fifteenth (15th) day of the third (3rd) calendar month following the year of
Participant’s termination. 
 (b) Any Applicable Taxes required to be withheld with respect to the issuance of the Shares
under this Agreement shall be paid through an automatic Share withholding procedure pursuant to which the Company will withhold, at the time of such issuance, a portion of the Shares with a Fair Market Value (measured as of the issuance date) equal
to the amount of those taxes. Notwithstanding the foregoing, the Company may, in its sole discretion, require that such Applicable Taxes be paid through Participant’s delivery of his or her separate check payable to the Company in the amount of
such taxes or such other method as the Company deems appropriate. 
 (c) Regardless of any action the Company takes with respect
to any or all Applicable Taxes, Participant acknowledges that the ultimate liability for all Applicable Taxes legally due by Participant is and remains Participant’s responsibility and that the Company (i) makes no representations or
undertakings regarding the treatment of any Applicable Taxes in connection with any aspect of the Award, including the grant, vesting or settlement of the Award, and the subsequent sale of any Shares acquired at settlement; and (ii) does not
commit to structure the terms of the grant or any aspect of the Award to reduce or eliminate Participant’s liability for Applicable Taxes. 
 (d) In no event will any fractional shares be issued. 
 (e) The holder of this
Award shall not have any shareholder rights, including voting or dividend rights, with respect to the Shares subject to the Award until Participant becomes the record holder of those Shares following their actual issuance after the satisfaction of
the Applicable Taxes. 

  
 5 

 6. Limited Transferability. Prior to actual receipt of the Shares which vest and
become issuable hereunder, Participant may not transfer any interest in the Award or the underlying Shares. Any Shares which vest hereunder but which otherwise remain unissued at the time of Participant’s death may be transferred pursuant to
the provisions of Participant’s will or the laws of inheritance or to Participant’s designated beneficiary or beneficiaries of this Award. Participant may make such a beneficiary designation at any time by filing the appropriate form with
the Committee or its designee. 
 7. Clawback. If a Participant resident in the United States or India has breached any
restrictive covenant (whether non-solicitation, non-competition, non-disparagement or confidentiality) under any agreement between Participant and the Company or an Affiliate during employment or during the one (1) year period following
termination of Participant’s employment or service with the Company or an Affiliate, the Company shall have the right to terminate this Award (and Participant shall thereupon cease to have any right or entitlement to receive any Shares under
this Award) to the extent outstanding and to cancel any Shares issued hereunder and be paid any proceeds received by Participant from the sale of Shares issued hereunder. 
 8. Sections 409A and 457A. 
 (a) It is the intention of the parties that
the provisions of this Agreement shall, to the maximum extent permissible, comply with the requirements of the short-term deferral exceptions of Section 409A of the Code and the Treasury Regulations issued thereunder and Section 457A of
the Code and any guidance with respect to Code Section 457A, including but not limited to Notice 2009-8. Accordingly, to the extent there is any ambiguity as to whether one or more provisions of this Agreement would otherwise contravene the
requirements or limitations of Code Section 409A or of Code Section 457A applicable to such short-term deferral exceptions, then those provisions shall be interpreted and applied in a manner that does not result in a violation of the
requirements or limitations of Code Section 409A and the Treasury Regulations thereunder and Code Section 457A and any guidance with respect to Code Section 457A, including but not limited to Notice 2009-8, that apply to such
exceptions. 
 (b) Notwithstanding any provision to the contrary in this Agreement, to the extent this Award may be deemed to
create a deferred compensation arrangement under Code Section 409A, then Shares or other amounts which become issuable or distributable under this Agreement by reason of Participant’s cessation of continued employment or service shall
actually be issued or distributed to Participant prior to the earlier of (i) the first day of the seventh (7th) month following the date of Participant’s Separation from Service (as determined under Code
Section 409A and Treasury Regulations thereunder) or (ii) the date of Participant’s death, if Participant is deemed at the time of such Separation from Service to be a specified employee under Section 1.409A-1(i) of the Treasury
Regulations issued under Code Section 409A, as determined by the Committee in accordance with consistent and uniform standards applied to all other Code Section 409A arrangements of the Company, and such delayed commencement is otherwise
required in order to avoid a prohibited distribution under Code Section 409A(a)(2). The deferred Shares or other distributable amount shall be issued or distributed in a lump sum on the first day of the seventh (7th) month following the
date of Participant’s Separation from Service or, if earlier, the first day of the month immediately following the date the Company receives proof of Participant’s death. 

  
 6 

 9. Compliance with Laws and Regulations. The issuance of Shares pursuant to the Award
shall be subject to compliance by the Company and Participant with all applicable laws, rules and regulations and to such approvals by any regulatory or governmental agency as may be required. The Committee, in its sole discretion, may postpone the
issuance or delivery of Shares as the Committee may consider appropriate and may require Participant to make such representations and furnish such information as it may consider appropriate in connection with the issuance or delivery of Shares in
order to be in compliance with applicable laws, rules and regulations. 
 10. Successors and Assigns. Except to the
extent otherwise provided in this Agreement, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the Company and its successors and assigns and Participant and Participant’s assigns, beneficiaries, executors,
administrators, heirs and successors. 
 11. Notices. All notices, demands and other communications provided for or
permitted hereunder shall be made in writing and shall be by registered or certified first-class mail, return receipt requested, telecopier, courier service or personal delivery: 

if to the Company: 
 Genpact Limited 
 Canon’s Court 

22 Victoria Street 
 Hamilton HM EX 
 Bermuda 

Attn: Secretary 

with a copy to: 

Genpact LLC 
 105
Madison Avenue 
 Second Floor 
 New York, NY 10016 
 Attn: Legal Department 

if to Participant, at Participant’s last known address on file with the Company. 

All such notices, demands and other communications shall be deemed to have been duly given when delivered by hand, if personally delivered; when
delivered by courier, if delivered by commercial courier service; five (5) business days after being deposited in the mail, postage prepaid, if mailed; and when receipt is mechanically acknowledged, if telecopied. 

12. Construction. This Agreement and the Award evidenced hereby are made and granted pursuant to the Plan and are in all respects
limited by and subject to the terms of the Plan. All decisions of the Committee with respect to any question or issue arising under the Plan or this Agreement shall be conclusive and binding on all persons having an interest in the Award.

  
 7 

 13. Governing Law. This Agreement shall be construed and interpreted in accordance
with the laws of the State of New York without regard to principles of conflicts of law thereof, or principles of conflicts of laws of any other jurisdiction which could cause the application of the laws of any jurisdiction other than the State of
New York. Each Participant and the Company hereby waive, to the fullest extent permitted by applicable law, any right either of them may have to a trial by jury in respect to any litigation directly or indirectly arising out of, under or in
connection with this Agreement or the Plan. 
 14. Employment at Will. Nothing in this Agreement or in the Plan shall
confer upon Participant any right to remain in employment or service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Affiliate employing or retaining Participant) or of
Participant, which rights are hereby expressly reserved by each, to terminate Participant’s employment or service at any time for any reason, with or without cause, subject to applicable law and the terms of any employment agreement between
Participant and the Company (or any Affiliate employing or retaining Participant). 
 15. No Acquired Right. Participant
acknowledges and agrees that: 
 (a) the Plan is established voluntarily by the Company, the grant of awards under the Plan is
made at the discretion of the Committee and the Plan may be modified, amended, suspended or terminated by the Company at any time. All decisions with respect to future awards, if any, will be at the sole discretion of the Committee; 

(b) this Award and any similar awards the Company may in the future grant to Participant, even if such awards are made repeatedly or
regularly, and regardless of their amount, (A) are wholly discretionary, are not a term or condition of employment and do not form part of a contract of employment, or any other working arrangement, between Participant and the Company or any
Affiliate, (B) do not create any contractual entitlement to receive future awards or benefits in lieu thereof; (C) do not constitute compensation of any kind for services of any kind related to the Company or any Affiliate and are outside
the scope of Participant’s employment contract, if any; and (D) do not form part of salary or remuneration for purposes of determining pension payments or any other purposes, including without limitation termination indemnities, severance,
resignation, payment in lieu of notice, redundancy, dismissal, end of service payments, bonuses, long-term service awards, pension or retirement or welfare benefits, or similar payments, except as otherwise required by the applicable law of any
governmental entity to whose jurisdiction the award is subject; 
 (c) Participant is voluntarily participating in the Plan;

 (d) this Award and the Shares subject to the Award are not intended to replace any pension rights or compensation;

 (e) in the event that Participant’s employer is not the Company, the grant of this Award and any similar awards the
Company may grant in the future to Participant will not be interpreted to form an employment contract or relationship with the Company and, furthermore, the grant of this Award and any similar awards the Company may grant in the future to
Participant will not be interpreted to form an employment contract with Participant’s employer or any Affiliate; 

  
 8 

 (f) the future value of the underlying Shares is unknown and cannot be predicted with
certainty; if Participant vests in the Award and receives Shares, the value of the acquired Shares may increase or decrease. Participant understands that the Company is not responsible for any foreign exchange fluctuation between the United States
Dollar and Participant’s local currency that may affect the value of the Award or the Shares; and 
 (g) Participant shall
have no rights, claim or entitlement to compensation or damages as a result of Participant’s cessation of employment for any reason whatsoever, whether or not in breach of contract or local labor law, or notice to terminate having been given by
either Participant or Participant’s employer, insofar as these rights, claim or entitlement arise or may arise from Participant’s ceasing to have rights under this Award as a result of such cessation (or notice) or loss or diminution in
value of the Award or any of the Shares issuable under this Award as a result of such cessation (or notice), and Participant irrevocably releases his or her employer, the Company and its Affiliates, as applicable, from any such rights, entitlement
or claim that may arise. If, notwithstanding the foregoing, any such right or claim is found by a court of competent jurisdiction to have arisen, then, by signing this Agreement, Participant shall be deemed to have irrevocably waived his or her
entitlement to pursue such rights or claim. 
 16. Data Protection. 

(a) In order to facilitate Participant’s participation in the Plan and the administration of the Award, it will be necessary for
the Company (or its Affiliates or payroll administrators) to collect, hold and process certain personal information about Participant (including, without limitation, Participant’s name, home address, telephone number and e-mail address, date of
birth, nationality, social insurance or other identification number and job title and details of the Award and other awards granted, cancelled, exercised, vested, unvested or outstanding and Shares held by Participant). Participant consents
explicitly and unambiguously to the Company (or its Affiliates or payroll administrators) collecting, holding and processing Participant’s personal data and transferring this data (in electronic or other form) by and among, as applicable,
Participant’s employer, the Company and its Affiliates and other third parties (collectively, the “Data Recipients”) insofar as is reasonably necessary to implement, administer and manage the Plan and the Award. Participant
understands that the Data Recipients may be located in Participant’s country or elsewhere, and that Data Recipient’s country may have different data privacy laws and protections than Participant’s county. Participant authorizes the
Data Recipients to receive, possess, use, retain and transfer the data for the purposes of implementing, administering and managing the Plan and the Award including any requisite transfer of such data as may be required to a broker or third
party. 
 (b) The Data Recipients will treat Participant’s personal data as private and confidential and will not
disclose such data for purposes other than the management and administration of the Plan and the Award and will take reasonable measures to keep Participant’s personal data private, confidential, accurate and current. Participant
understands that the data will be held only as long as is necessary to implement, administer and manage his or her participation in the Plan. 

  
 9 

 (c) Participant understands that Participant may, at any time, view his or her personal
data, require any necessary corrections to it or withdraw the consents herein in writing by contacting the Company but acknowledges that without the use of such data it may not be practicable for the Company to administer Participant’s
involvement in the Plan in a timely fashion or at all and this may be detrimental to Participant and may result in the possible exclusion of Participant from continued participation with respect to this Award or any future awards under the Plan.

 17. Provisions Applicable to Participant Resident in the People’s Republic of China. In accordance with the
requirements of the State Administration of Foreign Exchange (“SAFE”), Participant must hold the Shares issued following vesting of the Award with the Company’s designated broker until sale. The net proceeds realized upon the
sale of the Shares will be repatriated to China and such net proceeds (less any applicable taxes required to have been withheld in connection with the Award) shall be paid to Participant in local currency. Participant shall have no access to the
sales proceeds until such distribution. The remittance, conversion and payment of the net proceeds shall be made in accordance with the procedures adopted by the Company in order to comply with SAFE regulations and accordingly, are subject to change
from time to time. 
 18. Provisions Applicable to Participant Resident in Singapore. 

(a) Securities Law Notice: The Award is being granted pursuant to the “Qualifying Person” exemption under section
273(1)(f) of the Singapore Securities and Futures Act (Chapter 289, 2006 Ed.) (“SFA”). The Plan has not been lodged or registered as a prospectus with the Monetary Authority of Singapore. Participant should note that such grant is subject
to section 257 of the SFA and Participant will not be able to make any subsequent sale in Singapore, or any offer of such subsequent sale of the Shares underlying the Award unless such sale or offer in Singapore is made pursuant to the exemptions
under Part XIII Division (1) Subdivision (4) (other than section 280) of the SFA. 
 (b) Director Notification
Requirement: If Participant is a director, associate director or shadow director of a Singapore Affiliate of the Company, Participant is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is
an obligation to notify the Singaporean Affiliate of the Company in writing when Participant receives an interest (e.g., the Award or Shares) in the Company or any Affiliate of the Company. In addition, Participant must notify the Singaporean
Affiliate when Participant sells Shares or shares of any other Affiliate of the Company (including when Participant sells Shares acquired under the Award). These notifications must be made within two (2) days of acquiring or disposing of an
interest in the Company or any Affiliate of the Company. In addition, within two (2) days of becoming a director, Participant must notify the Singaporean Affiliate of any interest Participant may have in the Company or any Affiliate of the
Company. Participant is advised to seek appropriate professional advice as to Participant’s reporting obligations under the Singapore Companies Act. 

  
 10 

 19. Signature in Counterparts. This Agreement may be signed in counterparts, each of
which shall be an original, with the same effect as if the signatures thereto were upon the same instrument. 

  
 11 

 IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year first indicated
above. 
  

			
	GENPACT LIMITED
		
	Signature:	 	 
		
	Name:	 	 
		
	Title:	 	 

  

			
	PARTICIPANT
		
	Signature:	 	 
		
	Name:	 	 
		
	Address:	 	 

  
 12 

 Exhibit 10.1 
 Appendix A 
 Organic Performance Goals: The Performance Goals to be
achieved under the Award are revenue growth and adjusted income from operations growth for the Company for the period commencing January 1, 2012 and ending December 31, 2012 (the “Performance Period”) compared to the
period beginning January 1, 2011 and ending December 31, 2011. For each goal there are three designated levels of attainment – threshold, target and outstanding. 

 

					
	 Performance Level
	  	Revenue Growth	 	Adjusted Income from
Operations Growth
	 Outstanding
	  	20%	 	20%
	 Target
	  	17%	 	17%
	 Threshold
	  	14%	 	14%

  

	 	•	 	 For such purpose, revenue growth and adjusted income from operations growth shall be calculated without taking into account the effect of any
acquisition or restructuring that occurred during the Performance Period. 

  

	 	•	 	 The Actual Performance Shares to which Participant may become entitled subject to continued employment or service during the Service Period shall be
calculated by multiplying the designated number of Target Performance Shares by a performance percentage based on the level of achievement of each Performance Goal as follows (and rounding down to the nearest whole number):

  
 

 
  

	 	•	 	 Straight line interpolation will apply to performance levels between the ones illustrated above. 

 

	 	•	 	 If performance below threshold occurs for either metric, payout on the other metric will also be zero regardless of performance.

  

	 	•	 	 The goals will be measured based on Company-wide performance on a consolidated basis.

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