Document:

Equity Commitment Letter

 Exhibit 10.2 
 EXECUTION COPY 
 VOTING AND STANDSTILL AGREEMENT 

THIS VOTING AND STANDSTILL AGREEMENT (this “Agreement”) is made and entered into as of January 10, 2011 by and
among iGate Corporation, a Pennsylvania corporation (the “Company”), Viscaria Limited, a private company limited by shares formed under the Laws of Cyprus (the “Investor”) and each of Mr. Sunil Wadhwani,
Wadhwani Partners No. 1 LP, Wadhwani Partners No. 2 LP, Sunil and Nita Wadhwani Family Foundation, Mr. Ashok Trivedi and The Trivedi Family Qualified Subchapter S Trust (collectively, the “Shareholders”, and each a
“Shareholder”). 
 WHEREAS, the Investor is party to that certain Securities Purchase Agreement, dated as of
the date hereof, by and among the Company and the Investor (the “Purchase Agreement”). Capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to such terms in the Purchase Agreement;
and 
 WHEREAS, the Investor and the Shareholders wish to agree among themselves as to the taking of certain actions with
respect to the Shareholder Approval; and 
 WHEREAS, the Investor and the Shareholders also wish to agree among themselves as to
the taking of actions with respect to the election of certain directors to the Board; and 
 WHEREAS, the Investor and the
Shareholders also wish to agree among themselves as to the taking of actions with respect to any additional approvals of the Shareholders required to fully effectuate the Investor’s rights under Section 3.1 (Right of First Offer)
and Section 3.3 (Preemptive Rights) of the Investor Rights Agreement and Section 4(b) (Participating Dividends) of the Series B Statement with Respect to Shares; and 

WHEREAS, as a condition of the willingness of the Investor to enter into the Purchase Agreement, and as an inducement and in
consideration therefor, each Shareholder has entered into this Agreement, and 
 WHEREAS, each Shareholder owns the number of
shares of common stock, par value $0.01 per share, of the Company as set forth on Schedule A hereto (the “Common Stock”), together with any other shares of capital stock of the Company acquired (whether beneficially or of
record) by any Shareholder after the date hereof and prior to the Expiration Time (as defined in Section 1.1 hereto), including any such shares acquired by means of purchase, dividend or distribution, or issued upon the exercise of any
options or warrants or the conversion of any convertible securities or otherwise, being collectively referred to herein as the “Securities”. 

 NOW, THEREFORE, in consideration of the foregoing, the mutual covenants and agreements set
forth herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 
 ARTICLE I 
 VOTING; GRANT AND APPOINTMENT OF PROXIES 

Section 1.1 Voting by the Shareholders. From and after the date hereof until the termination of this Agreement in accordance
with Article VI (the “Expiration Time”), each Shareholder irrevocably and unconditionally hereby agrees that at any meeting (whether annual or special and each adjourned or postponed meeting) of the Company’s
shareholders, however called, or in connection with any written consent of the Company’s shareholders, each Shareholder will (i) appear at such meeting or otherwise cause its Covered Securities (as defined below) to be counted as present
thereat for purposes of calculating a quorum and (ii) vote or cause to be voted (including by proxy or written consent, if applicable) all of such Shareholder’s voting securities beneficially owned or controlled by such Shareholder as of
the relevant time (the “Covered Securities”), 
  

	 	(a)	in favor of the Shareholder Approval; 

  

	 	(b)	for so long as Investor and its Affiliates hold, in the aggregate, at least one third of the Conversion Stock issuable as of the Second Closing Date (or the First
Closing, if the Second Closing has not yet occurred) (whether or not such Conversion Stock has been issued or is held through Preferred Stock or as a combination thereof), in favor of the election of each Series B Director (as defined in the Series
B Statement with Respect to Shares) to the Board; 

  

	 	(c)	in favor of any additional approvals of the shareholders of the Company required under any regulation or rule of any Trading Market (as defined in the Series B
Statement with Respect to Shares) on which the Company’s stock is listed, in order to fully effectuate the Investor’s rights under Section 3.1 (Right of First Offer) and Section 3.3 (Preemptive Rights) of the Investor Rights
Agreement and Section 4(b) (Participating Dividends) of the Series B Statement with Respect to Shares; and 

  

	 	(d)	against any other action, agreement or transaction, that is intended, that could reasonably be expected, or the effect of which could reasonably be expected, to
materially impede, interfere with, delay, postpone, discourage or adversely affect the approvals and actions in Sections 1.1(a), (b) or (c) hereto. 

Section 1.2 Voting by the Investor. Subject to the occurrence of the First Closing, from and after the effectiveness of the
First Closing until the Expiration Time, the Investor irrevocably and unconditionally hereby agrees that at any meeting (whether annual or special and each adjourned or postponed meeting) of the Company’s shareholders, however called, or in
connection with any written consent of the Company’s shareholders, the Investor will (i) appear at such meeting or otherwise cause its Investor Securities (as defined below) to be counted as present thereat for purposes of calculating a
quorum and (ii) vote or cause to be voted (including by written consent, if applicable) all of the Investor’s voting Preferred Stock and Conversion Stock (collectively, the “Investor Securities”) beneficially owned or
controlled by the Investor as of the relevant time, 

  
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	 	(a)	for so long as Sunil Wadhwani and his Affiliates beneficially own, in the aggregate, not less than three percent (3%) of the total outstanding Common Stock, in
favor of the election of Sunil Wadhwani (or his nominee) to the Board; 

  

	 	(b)	for so long as Ashok Trivedi and his Affiliates beneficially own, in the aggregate, not less than three percent (3%) of the total outstanding Common Stock, in
favor of the election of Ashok Trivedi (or his nominee) to the Board; and 

  

	 	(c)	against any other action, agreement or transaction, that is intended, that could reasonably be expected, or the effect of which could reasonably be expected, to
materially impede, interfere with, delay, postpone, discourage or adversely affect the election of such Shareholder (or respective nominee) to the Board. 

 Notwithstanding anything to the contrary in this Agreement or any other Transaction Document, the Investor, the Company and each of the Shareholders acknowledge and agree that this Section 1.2
shall temporarily be of no force or effect immediately upon the occurrence and continuation of an (i) Event of Noncompliance (as defined in the Series B Statement with Respect to Shares) or (ii) Event of Default (as defined in the Investor
Rights Agreement), in each case, through the time such Event of Noncompliance or Event of Default, as applicable, shall have been cured. 
 ARTICLE II 
 GRANT OF IRREVOCABLE PROXIES; APPOINTMENT OF PROXIES 

Section 2.1 Grant of Irrevocable Proxies. From and after the date hereof until the Shareholder Approval is obtained, each
Shareholder hereby irrevocably and unconditionally grants to, and appoints, the Company and any designee thereof as such Shareholder’s proxy and attorney-in-fact (with full power of substitution), for and in the name, place and stead of such
Shareholder, to vote or cause to be voted (including by proxy or written consent, if applicable) the Covered Securities in accordance with Section 1.1(a) hereto. 
 Section 2.2 Affirmation of Irrevocable Proxy. Each Shareholder hereby affirms that the irrevocable proxy set forth in this Article II is given in connection with the execution of the
Purchase Agreement, and that such irrevocable proxy is given to secure the performance of the duties of each Shareholder under this Agreement. Each Shareholder hereby further affirms that the irrevocable proxy is coupled with an interest and, except
as set forth in this Article II, is intended to be irrevocable. If for any reason a proxy granted herein is not irrevocable, then each Shareholder agrees to vote the Covered Securities in accordance with Section 2.1 above as
instructed by the Company in writing. The parties agree that the foregoing is a voting agreement. 

  
 3 

 Section 2.3 Restrictions on Transfers. Each Shareholder hereby agrees that from
the date hereof until the Shareholder Approval is obtained, he, she or it shall not, directly or indirectly, (a) sell, transfer, assign, tender in any tender or exchange offer, pledge, encumber, hypothecate or similarly dispose of (by merger,
by testamentary disposition, by operation of Law or otherwise), either voluntarily or involuntarily, or to enter into any Contract, option or other arrangement or understanding with respect to the sale, transfer, assignment, pledge, lien,
hypothecation or similar disposition of (by merger, by testamentary disposition, by operation of Law or otherwise), any Covered Securities, (b) deposit any Securities into a voting trust or enter into a voting agreement or arrangement or grant
any proxy, consent or power of attorney with respect thereto that is inconsistent with this Agreement, or (c) agree (whether or not in writing) to take any of the actions referred to in the foregoing clause (a) or (b);
provided, that the restrictions set forth in this Section 2.3 shall not apply to any transfers by any Shareholder to any Person in connection with estate planning so long as such Person agrees to be bound by the terms of this
Agreement. 
 Section 2.4 Inconsistent Agreements. Each Shareholder hereby covenants and agrees that, except for
this Agreement, each Shareholder (a) has not entered into any voting agreement or arrangement or voting trust with respect to the Covered Securities and (b) has not granted a proxy, consent or power of attorney with respect to the Covered
Securities. Each Shareholder hereby represents that any proxies heretofore given in respect of such Shareholder’s Covered Securities, if any, are revocable, and hereby revokes such proxies. 

ARTICLE III 

REPRESENTATIONS, WARRANTIES AND COVENANTS OF EACH SHAREHOLDER 
 Section 3.1 Representations and Warranties. Each Shareholder represents and warrants to the Investor as follows: (a) such Shareholder, if an individual, has full legal right and capacity
to execute and deliver this Agreement, to perform the Shareholder’s obligations hereunder and to consummate the transactions contemplated hereby, (b) this Agreement has been duly executed and delivered by such Shareholder and the
execution, delivery and performance of this Agreement by such Shareholder and the actions contemplated hereby have been duly authorized by all necessary action on the part of such Shareholder and no other actions or proceedings on the part of such
Shareholder are necessary to authorize this Agreement or the actions contemplated hereby, (c) assuming this Agreement constitutes the valid and binding agreement of each of the other Shareholders and the Investor, this Agreement constitutes the
valid and binding agreement of such Shareholder, enforceable against such Shareholder in accordance with its terms, (d) the execution and delivery of this Agreement by such Shareholder does not, and the consummation of the transactions
contemplated hereby and the compliance with the provisions hereof will not, conflict with or violate any Law or agreement binding upon such Shareholder or such Shareholder’s Covered Securities, nor require any authorization, consent or approval
of, or filing with, any governmental entity, except for filings with the United States Securities and Exchange Commission by such Shareholder, and (e) except for such transfer restrictions of general applicability as may be provided under the
Securities Act of 1933, as amended, and the “blue sky” Laws of the various states of the United States, such Shareholder owns, beneficially and of record, or controls all of his, her or its Covered Securities (and will own, beneficially
and on record, or control any additional Covered Securities acquired after the 

  
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date hereof) free and clear of any proxy, voting restriction, adverse claim or other lien (other than any restrictions created by this Agreement) and has sole voting power with respect to such
Covered Securities and sole power of disposition with respect to all of such Shareholder’s Covered Securities, with no restrictions on the Shareholder’s rights of voting or disposition pertaining thereto and no person other than such
Shareholder has any right to direct or approve the voting or disposition of any of the Shareholder’s Securities. 

Section 3.2 Covenants. Each Shareholder hereby: 
 (a) agrees, prior to the Expiration Time, not to take any action that would make any representation or warranty of such Shareholder contained herein untrue or incorrect or have or would reasonably be
expected to have the effect of preventing, impeding or interfering with or adversely affecting the performance by each Shareholder of its obligations under this Agreement; 
 (b) agrees that the Company may permit the Investor to publish, if required under applicable Law, such Shareholder’s identity and ownership of Common Stock and the nature of such Shareholder’s
commitments, arrangements and understandings under this Agreement in any proxy statement used in connection with soliciting the Shareholder Approval; 
 (c) shall and does authorize the Company or its counsel to, notify the Company’s transfer agent that there is a stop transfer order with respect to all of the Covered Securities (and that this
Agreement places limits on the voting and transfer of such shares); and 
 (d) agrees that, upon request of the Investor, each
Shareholder shall execute and deliver any additional documents and take such further actions as may reasonably be deemed by the Investor to be necessary or desirable to carry out the provisions of this Agreement. 

ARTICLE IV 

REPRESENTATIONS AND WARRANTIES OF THE INVESTOR 
 Section 4.1 Representations and Warranties of the Investor. The Investor hereby represents and warrants to each of the Shareholders and the Company as follows: (a) this Agreement has been
duly and validly authorized by the Investor, (b) this Agreement has been duly executed and delivered by the Investor, (c) assuming this Agreement constitutes a valid and binding agreement of each Shareholder and the Company, as applicable,
this Agreement constitutes a valid and binding agreement of the Investor, enforceable against the Investor in accordance with its terms and (d) the execution and delivery of this Agreement by the Investor does not, and the consummation of the
transactions contemplated hereby and the compliance with the provisions hereof will not, conflict with or violate any Law or agreement or organizational documents binding upon the Investor, nor require any authorization, consent or approval of, or
filing with, any governmental entity except for filings with the United States Securities and Exchange Commission by such Shareholder. 

  
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 ARTICLE V 
 REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE COMPANY 
 Section 5.1
Representations and Warranties of the Company. The Company hereby represents and warrants to each of the Shareholders and to the Investor as follows: (a) this Agreement has been duly and validly authorized by the Company, (b) this
Agreement has been duly executed and delivered by the Company, (c) assuming this Agreement constitutes a valid and binding agreement of each Shareholder and the Investor, as applicable, this Agreement constitutes a valid and binding agreement
of the Company, as applicable, enforceable against the Company, as applicable, in accordance with its terms and (d) the execution and delivery of this Agreement by the Company does not, and the consummation of the transactions contemplated
hereby and the compliance with the provisions hereof will not, conflict with or violate any Law or agreement or organizational documents binding upon the Company, nor require any authorization, consent or approval of, or filing with, any
governmental entity except for filings with the United States Securities and Exchange Commission by the Company. 

Section 5.2 Covenants. The Company hereby agrees to vote or cause to be voted the Covered Securities only in accordance with
this Agreement. 
 ARTICLE VI 
 TERMINATION 
 Section 6.1 This Agreement shall automatically terminate and be
of no further force or effect upon the date on which both the Shareholder Approval has been obtained and the Shareholders are no longer required to vote to elect each Series B Director pursuant to Section 1.1(b) of this Agreement;
provided that this Agreement shall automatically terminate upon the termination of the Purchase Agreement in accordance with its terms prior to the First Closing. Notwithstanding the preceding sentence, Article VII shall survive any
termination of this Agreement. Nothing in this Article VI shall relieve or otherwise limit any party of liability for willful breach of this Agreement. 
 ARTICLE VII 
 MISCELLANEOUS 

Section 7.1 Expenses. Except as otherwise may be agreed in writing, all costs, fees and expenses incurred in connection with
this Agreement and the transactions contemplated hereby shall be paid by the party incurring or required to incur such costs, fees and expenses. 
 Section 7.2 Notices. Unless otherwise provided, any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given as hereinafter described
(a) if given by personal delivery, then such notice shall be deemed given upon such delivery, (b) if given by facsimile or electronic transmission, then such notice shall be deemed given upon receipt of confirmation of complete
transmittal, (c) if given by mail, then such notice shall be deemed given upon the earlier of (i) receipt of such notice by the recipient or (ii) three days after such notice is deposited in first class mail, postage prepaid, and
(d) if given by an internationally recognized overnight air courier, then such notice shall be deemed given one Business Day after delivery to such carrier. All notices shall be addressed to the party to be notified at the address as follows,
or at such other address as such party may designate by written notice to the other party: 
 To the Company: 

iGate Corporation 
 6528 Kaiser Drive, 
 Fremont, CA 94555 

Attention: Phaneesh Murthy 
 Fax: 

  
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 with a copy to (which shall not constitute notice): 

Latham & Watkins LLP 
 355 South Grand Avenue 
 Los Angeles, CA 90071-1560 

Attention: Cynthia A. Rotell 
 Fax: (213) 891-8763 
 To the Investor: 

Viscaria Limited 
 c/o Aspen Secretarial Services 
 Lemesou, 77 

Elia House 

P.C. 2121, Nicosia, Cyprus 
 Attention: Secretary of the Company 
 Fax: + 357 2241 8801 

with copies to (solely in its capacity as investment advisor or investment manager as the case may be), which shall not constitute notice
to Investor: 
 Apax Partners Europe Managers Limited 
 33 Jermyn Street 
 London SW1Y 6DN 

United Kingdom 

Attention: Salim Nathoo 
 Fax: +44 20 7666 6441 
 and 

  
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 Apax Partners India Advisers Private Limited 

2nd Floor, Devchand House 
 Shivsagar Estate 
 Dr Annie Besant Road 

Worli, Mumbai 400 018, India 
 Attention: Shashank Singh 
     Rohan Haldea 

Fax: +91 22 4050 8444 
 with a copy to (which shall not constitute notice to Investor): 

Kirkland & Ellis LLP 
 601 Lexington Avenue 
 New York, New York 10022 

Attention: Frederick Tanne 
     Susan J. Zachman 
 Fax: 212-446-6460 

To the Shareholders: 
 1000 Commerce Drive, 
 Suite 500 

Pittsburgh, PA 15275 
 Attention: Sunil Wadhwani 
 Fax: 412-291-1188 

and 
 1000
Commerce Drive, 
 Suite 500 
 Pittsburgh, PA 15275 
 Attention: Ashok Trivedi 

Fax: 412-291-1154 
 with a copy to (which shall not constitute notice): 
 Reed Smith LLP 

225 Fifth Avenue 
 Pittsburgh, PA 15222-2716 
 Attention: James J. Barnes 

Fax: (412) 288-3063 
 Section 7.3 Amendments; Waivers. At any time prior to the Expiration Time, any provision of this Agreement may be amended or waived if, and only if, such amendment or waiver is in writing and
signed, in the case of an amendment, by the Company, each of the Shareholders and the Investor, or in the case of a waiver, by the party against whom the waiver is to be effective. Notwithstanding the foregoing, no failure or delay by the Company,
the 

  
 8 

 
Shareholders or the Investor in exercising any right hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise of any
other right hereunder. 
 Section 7.4 Assignment; Binding Effect. Neither this Agreement nor any of the rights,
interests or obligations hereunder shall be assigned by any of the parties hereto (whether by operation of Law or otherwise) without the prior written consent of the other parties, except that each Investor may assign, in its sole discretion, any of
or all of its rights, interest and obligations under this Agreement to any Affiliate of an Investor, but no such assignment shall relieve such Investor of its obligations hereunder. Subject to the preceding sentence, this Agreement shall be binding
upon and shall inure to the benefit of the parties hereto and their respective permitted successors and assigns. Each Investor shall cause any assignee thereof to perform its obligations under this Agreement and shall be responsible for any failure
of such assignee to comply with any representation, warranty, covenant or other provision of this Agreement. 
 Section 7.5
No Partnership, Agency, or Joint Venture. This Agreement is intended to create, and creates, a contractual relationship and is not intended to create, and does not create, any agency, partnership, joint venture or any like relationship
between the parties hereto. 
 Section 7.6 Entire Agreement; Benefit. This Agreement is intended by the parties as a
final expression of their agreement and intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein. This Agreement and the other Transaction Documents
supersede all prior agreements and understandings between the parties with respect to such subject matter. 
 Section 7.7
Severability. If any provision of this Agreement or the application of any such provision to any Person or circumstance shall be declared by any court of competent jurisdiction to be invalid, illegal, void or unenforceable in any respect, all
other provisions of this Agreement, or the application of such provision to Persons or circumstances other than those as to which it has been held invalid, illegal, void or unenforceable, shall nevertheless remain in full force and effect and will
in no way be affected, impaired or invalidated thereby. Upon such determination that any provision, or the application of any such provision, is invalid, illegal, void or unenforceable, the parties hereto shall negotiate in good faith to modify this
Agreement so as to effect the original intent of the parties hereto as closely as possible to the fullest extent permitted by Law in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the greatest extent
possible. 
 Section 7.8 Governing Law. This Agreement, and all claims or causes of action (whether at Law, in
contract or in tort) that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance hereof, shall be governed by and construed in accordance with the Laws of the State of Pennsylvania, without giving
effect to any choice or conflict of law provision or rule (whether of the State of Pennsylvania or any other jurisdiction) that would cause the application of the Laws of any jurisdiction other than the State of Pennsylvania. 

Section 7.9 Jurisdiction; Enforcement. Each of the parties hereto irrevocably submits to the exclusive jurisdiction of the
courts of the State of New York located in New York County 

  
 9 

 
and the United States District Court for the Southern District of New York for the purpose of any suit, action, proceeding or judgment relating to or arising out of this Agreement and the
transactions contemplated hereby. Service of process in connection with any such suit, action or proceeding may be served on each party hereto anywhere in the world by the same methods as are specified for the giving of notices under this Agreement.
Each of the parties hereto irrevocably consents to the jurisdiction of any such court in any such suit, action or proceeding and to the laying of venue in such court. Each party hereto irrevocably waives any objection to the laying of venue of any
such suit, action or proceeding brought in such courts and irrevocably waives any claim that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum. EACH OF THE PARTIES HERETO WAIVES ANY RIGHT TO
REQUEST A TRIAL BY JURY IN ANY LITIGATION WITH RESPECT TO THIS AGREEMENT AND REPRESENTS THAT COUNSEL HAS BEEN CONSULTED SPECIFICALLY AS TO THIS WAIVER. 
 Section 7.10 Remedies. The Company and each of the Shareholders acknowledges that monetary damages would not be an adequate remedy in the event that any covenant or agreement in this Agreement
is not performed in accordance with its terms, and it is therefore agreed that, in addition to and without limiting any other remedy or right it may have, the Investor will have the right to an injunction, temporary restraining order or other
equitable relief in any court of competent jurisdiction enjoining any such breach and enforcing specifically the terms and provisions hereof. The Company and each of the Shareholders agrees not to oppose the granting of such relief in the event a
court determines that such a breach has occurred, and to waive any requirement for the securing or posting of any bond in connection with such remedy. All rights, powers, and remedies provided under this Agreement or otherwise available in respect
hereof at Law or in equity shall be cumulative and not alternative, and the exercise or beginning of the exercise of any thereof by the Investor shall not preclude the simultaneous or later exercise of any other such right, power or remedy by such
party. 
 Section 7.11 Titles and Subtitles; Rules of Construction. The titles and subtitles used in this Agreement
are used for convenience only and are not to be considered in construing or interpreting this Agreement. All references to “Section” or “Sections” refer to the corresponding Section or Sections of this Agreement. Defined terms
used in this Agreement in the singular shall include the plural and vice versa. Whenever the words “include,” “includes” or “including” are used in this Agreement, they are deemed to be followed by the words
“without limitation.” Any definitions used herein defined in the plural shall be deemed to include the singular as the context may require and any definitions used herein defined in the singular shall be deemed to include the plural as the
context may require. Wherever reference is made herein to the male, female or neuter genders, such reference shall be deemed to include any of the other genders as the context may require. 

Section 7.12 No Strict Construction. The language used in this Agreement shall be deemed to be the language chosen by the
parties hereto to express their mutual intent, and no rule of strict construction shall be applied against any Person. 

  
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 Section 7.13 Counterparts; Facsimiles and Electronic Copies. This Agreement may
be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. This Agreement may also be executed via facsimile or other electronic copy (including copies
sent via email), which shall be deemed an original. 
 [Signature Pages to Follow] 

  
 11 

 IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of
the date and year first written above. 
  

					
	COMPANY:
	
	iGATE CORPORATION
		
	By:	 	 /s/ Sujit Sircar

		 	Name:	 	Sujit Sircar
		 	Title:	 	Chief Financial Officer

 [Signature
Page to Voting and Standstill Agreement] 

 IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of
the date and year first written above. 
  

					
	VISCARIA LIMITED
		
	By:	 	 /s/ Andreas Athinodorou

		 	Name: Andreas Athinodorou
		 	Title: Director

 [Signature
Page to Voting and Standstill Agreement] 

 IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of
the date and year first written above. 
  

	
	SHAREHOLDER:
	
	 /s/ Sunil Wadhwani

[Signature Page to Voting and Standstill Agreement] 

 IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of
the date and year first written above. 
  

					
	SHAREHOLDER:
	
	WADHWANI PARTNERS NO. 1 LP
		
	By:	 	 /s/ Sunil Wadhwani

		 	Name: Sunil Wadhwani
		 	Title: Majority in Interest of the General Partners

 [Signature Page to Voting and Standstill Agreement] 

 IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of
the date and year first written above. 
  

			
	SHAREHOLDER:
	
	WADHWANI PARTNERS NO. 2 LP
		
	By:	 	 /s/ Sunil Wadhwani

		 	Name: Sunil Wadhwani
		 	Title: Majority in Interest of the General Partners

 [Signature Page to Voting and Standstill Agreement] 

 IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of
the date and year first written above. 
  

			
	SHAREHOLDER:
	
	SUNIL AND NITA WADHWANI FAMILY FOUNDATION
		
	By:	 	 /s/ Sunil Wadhwani

		 	Name: Sunil Wadhwani
		 	Title: Director, President and Treasurer

 [Signature Page to Voting and Standstill Agreement] 

 IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of
the date and year first written above. 
  

	
	SHAREHOLDER:
	
	 /s/ Ashok K. Trivedi

[Signature Page to Voting and Standstill Agreement] 

 IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of
the date and year first written above. 
  

			
	SHAREHOLDER:
	
	THE TRIVEDI FAMILY QUALIFIED SUBCHAPTER S TRUST
		
	By:	 	 /s/ Ashok K. Trivedi

		 	Name: Ashok K. Trivedi
		 	Title: Co-Trustee

 [Signature Page to
Voting and Standstill Agreement]Voting and Standstill Agreement

 Exhibit 10.3 

 

			
		  	EXECUTION COPY
		
	 Apax Europe VI - A, L.P.
 Third Floor, Royal Bank Place
 1 Glategny Esplanade

St Peter Port
 Guernsey GY1 2HJ
	  	 Apax Europe VII - A, L.P.

Third Floor, Royal Bank Place
 1 Glategny Esplanade
 St Peter Port

Guernsey GY1 2HJ

		
	 Apax Europe VII - 1, L.P.
 Third Floor, Royal Bank Place
 1 Glategny Esplanade

St Peter Port
 Guernsey GY1 2HJ
	  	 Apax Europe VII - B, L.P.

Third Floor, Royal Bank Place
 1 Glategny Esplanade
 St Peter Port

Guernsey GY1 2HJ

		
	 Apax Europe VI - 1, L.P.
 Third Floor, Royal Bank Place
 1 Glategny Esplanade

St Peter Port
 Guernsey GY1 2HJ
	  	 Apax US VII - L.P.
 P.O. BOX 908GT
 Mary Street, George Town

Grand Cayman
 Cayman
Islands E9KY1-9002

 EQUITY COMMITMENT LETTER 

January 10, 2011 
 Viscaria
Limited 
 77 Lemesou 
 Elia House P.C.
2121 
 Nicosia, Cyprus 
 Attn: Marina
Zevedeou 
 iGATE Corporation 
 6528
Kaiser Drive 
 Fremont, CA 94555-3616 

Attention: Mr. Phaneesh Murthy 
 Re:
Project Gateway 
 Ladies and Gentlemen: 
 This letter agreement sets forth the commitment of Apax Europe VII-A, L.P., Apax Europe VII-B, L.P., Apax Europe VII-1, L.P., Apax Europe VI – A, L.P., Apax Europe VI – 1, L.P. and Apax US VII
– L.P. (collectively, “Sponsor”), subject to the terms and conditions contained herein, to purchase, or cause the purchase of, certain equity and/or debt securities of Viscaria Limited (the “Investor”).
Capitalized terms used but not defined herein shall have the meaning ascribed to them in the Securities Purchase Agreement (defined below). 
 As of the date hereof, (a) Investor and iGATE Corporation (“iGATE”) have entered in to a securities purchase agreement (as amended, restated, supplemented or otherwise modified from
time to time in accordance with its terms, the “Securities Purchase Agreement”) pursuant to which the Investor will purchase Preferred Shares in iGATE, subject to the terms and conditions

 
set forth therein (the “Investment Transaction”) and, simultaneously with execution of the Securities Purchase Agreement, (b) (i) each of iGATE Global Solutions
Limited, a company incorporated under the Laws of the Republic of India and a wholly-owned indirect subsidiary of the iGATE (together with its successors and permitted assigns, “iGATE India”), and Pan-Asia iGATE Solutions, a company
limited by shares incorporated under the Laws of the Republic of Mauritius and a wholly-owned indirect subsidiary of the Company (together with its successors and permitted assigns, “iGATE Mauritius”, and together with iGATE India,
the “iGATE Purchasers”) has entered into that certain Share Purchase Agreement, dated as of the date hereof, with the sellers listed on the signature pages thereto (as amended from time to time in accordance with its terms, the
“Patni SPA”), and (ii) iGATE Mauritius has entered into (A) that certain Share Purchase Agreement and (B) that certain Securities Purchase Agreement, in each case, dated as of the date hereof, with General Atlantic
Mauritius Limited (each as amended from time to time in accordance with its terms, a “GA SPA”, and both together with the Patni SPA, the “Patni Purchase Agreements”). It is contemplated that the proceeds of the
Investment Transaction will be used to fund a portion of the funds required to acquire (a) the Shares and (b) the Securities (as defined in the Patni Purchase Agreements), and to pay related fees and expenses. 

1. Commitment. Sponsor hereby commits to the Investor, subject to the terms and conditions set forth herein, it shall purchase, or
shall cause the purchase of, equity and/or debt securities of the Investor for an aggregate amount up to $480,000,000 (the “Commitment”), solely for the purpose of enabling the Investor to (or any entity nominated by the Investor to
purchase Preferred Shares under the provisions of the Securities Purchase Agreement) to complete the purchase of the Preferred Shares pursuant to the Securities Purchase Agreement and the payment of related expenses; provided, that under no
circumstance shall Sponsor be obligated to fund, in the aggregate, an amount in excess of the Commitment. Sponsor may effect the purchase of such equity and/or debt securities of the Investor directly or indirectly through one or more affiliated
entities. 
 2. Timing; Conditions. 
 (a) Sponsor shall fund $210,000,000 of the Commitment two (2) Business Days prior to the Escrow Deposit Date (as defined in the Patni SPA) subject to (a) the satisfaction, or waiver by the iGATE
Purchasers (with the prior written consent of the Investor), of the conditions precedent to the obligation of the iGATE Purchasers to fund the Open Offer Consideration (as defined in the Patni SPA) set forth in the Patni Purchase Agreements shall
have occurred, (b) none of the Patni Purchase Agreements shall have been terminated and (c) the conditions to the obligations of the Investor to consummate the First Closing shall have occurred. 

(b) Sponsor shall fund up to the balance of the Commitment (i.e., up to $270,000,000) two (2) Business Days prior to the Completion
Date (as defined in the Patni SPA) subject to (a) the satisfaction, or waiver by the iGATE Purchasers (with the prior written consent of the Investor) of each of the conditions to the iGATE Purchasers’ obligations to consummate the
Transactions as set forth in Clauses 3.2 and 3.3 of each Patni Purchase Agreement, (b) none of the Patni Purchase Agreements shall have been terminated and (c) the conditions to the obligations of the Investor to consummate the Second
Closing shall have occurred. 

  
 2 

 3. Enforceability; Assignment. This letter agreement may only be enforced by either
(a) the Investor or by (b) iGATE, provided that iGATE may only enforce payment to the Investor. None of the rights of the addressees under this letter agreement may be assigned or transferred without the prior written consent of Sponsor.

 4. No Modification. This letter agreement may not be amended or otherwise modified without the prior written consent
of the Investor, Sponsor and iGATE. No transfer of any rights or obligations hereunder shall be permitted without the consent of the Investor and Sponsor. Any transfer in violation of the preceding sentence shall be null and void. 

5. Governing Law; Jurisdiction. This letter agreement, and all claims and causes of action arising out of, based upon, or related
to this letter agreement or the negotiation, execution or performance hereof, shall be governed by, and construed, interpreted and enforced in accordance with, the Laws of the State of Delaware, without regard to choice or conflict of law principles
that would result in the application of any Laws other than the Laws of the State of Delaware. Any legal action, suit or proceeding arising out of, based upon or relating to this letter agreement or the transactions contemplated hereby shall be
brought solely in the Delaware Court of Chancery and any state appellate court therefrom within the State of Delaware (or, if the Delaware Court of Chancery declines to accept jurisdiction over a particular matter, any state or federal court within
the State of Delaware). Each of the parties hereto hereby irrevocably submits to the exclusive jurisdiction of such courts in respect of any legal action, suit or proceeding arising out of, based upon or relating to this letter agreement and the
rights and obligations arising hereunder and agrees that it will not bring any action arising out of, based upon or related to this letter agreement in any other court. Each of the parties hereto hereby irrevocably waives, and agrees not to assert
as a defense, counterclaim or otherwise, in any legal action, suit or proceeding arising out of, based upon or relating to this letter agreement, (a) any claim that it is not personally subject to the jurisdiction of the above named courts for
any reason other than the failure to serve process as set forth below, (b) any claim that it or its property is exempt or immune from jurisdiction of any such court or from any legal process commenced in such courts (whether through service of
notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) and (c) to the fullest extent permitted by applicable Law, any claim that (i) the suit, action or proceeding in such
court is brought in an inconvenient forum, (ii) the venue of such suit, action or proceeding is improper or (iii) this letter agreement, or the subject mater hereof, may not be enforced in or by such courts. Each of the parties hereto
agrees that notice or the service of process in any action, suit or proceeding arising out of, based upon or relating to this letter agreement or the rights and obligations arising hereunder shall be properly served or delivered if delivered in the
manner contemplated by Section 7 hereof. 
 6. Counterparts. This letter agreement may be executed by
facsimile or electronic transmission and in one or more counterparts, and by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall constitute one
and the same agreement. 
 7. Notices. All notices, requests, claims, demands and other communications hereunder shall be
given and shall be deemed to have been duly received (a) upon receipt by hand delivery, (b) upon receipt after dispatch by registered or certified mail, postage prepaid, (c) on the next Business Day if transmitted by national
overnight courier with confirmation of delivery, or (d) upon confirmation of delivery if transmitted by facsimile, as follows: 
 if to Sponsor: 
 Apax Europe VII - 1, L.P. 

Third Floor, Royal Bank Place 
 1 Glategny Esplanade 
 St Peter Port 

Guernsey GY1 2HJ 
 Attn.: Denise Fallaize 
 Facsimile: +44 (0) 1481 810 099 

  
 3 

 Apax Europe VII - A, L.P. 

Third Floor, Royal Bank Place 
 1 Glategny Esplanade 
 St Peter Port 

Guernsey GY1 2HJ 
 Attn.: Denise Fallaize 
 Facsimile: +44 (0) 1481 810 099 

Apax Europe VII - B, L.P. 
 Third Floor, Royal Bank Place 
 1 Glategny Esplanade 

St Peter Port 

Guernsey GY1 2HJ 
 Attn.: Denise Fallaize 
 Facsimile: +44 (0) 1481 810 099 

Apax Europe VI - A, L.P. 
 Third Floor, Royal Bank Place 
 1 Glategny Esplanade 

St Peter Port 

Guernsey GY1 2HJ 
 Attn.: Denise Fallaize 
 Facsimile: +44 (0) 1481 810 099 

Apax Europe VI - 1, L.P. 
 Third Floor, Royal Bank Place 
 1 Glategny Esplanade 

St Peter Port 

Guernsey GY1 2HJ 
 Attn.: Denise Fallaize 
 Facsimile: +44 (0) 1481 810 099 

  
 4 

 Apax US VII – L.P. 

P.O. Box 908GT 

Mary Street, George Town 
 Grand Cayman 
 Cayman Islands E9KY1-9002 

Attn.: Denise Fallaize 
 Facsimile: +44 (0) 1481 810 099 
 in each case with a copy (which shall not
constitute notice) to: 
 Kirkland & Ellis LLP 

601 Lexington Avenue 
 New York, New York 10022 

			
	Attn:	  	Frederick Tanne
		  	Susan J. Zachman
	Facsimile:	  	(212) 446-4900

 if to Investor:

 Viscaria Limited 
 c/o Aspen Secretarial Services Ltd 
 77 Lemesou 

Elia House P.C. 2121 
 Nicosia, Cyprus 

			
	Attn:	  	Marina Zevedeou
	Facsimile:	  	(357) 2241-8801

 with a copy (which shall
not constitute notice) to: 
 Harneys Aristodemou Loizides Yiolitis 

Loucaides Building, 2nd Floor 
 Arch. Kyprianou & Ayiou Andreou 
 3036 Limassol, Cyprus 

			
	Attn:	  	Pavlos Aristodemou
	Facsimile:	  	(357) 258-20021

 8. No Third Party
Beneficiaries. This letter agreement shall inure to the benefit of and be binding upon the Investor and Sponsor. Except for the express right of iGATE to cause Sponsor to fund to the Investor the Commitment subject to the terms and conditions of
this letter agreement, nothing in this letter agreement, express or implied, is intended to nor does it confer upon any Person other than the Investor and Sponsor any rights or remedies under, or by reason of, or any rights to enforce or cause the
Investor to enforce, the Commitment or any provisions of this letter agreement or to confer upon any Person any rights or remedies against any Person other than Sponsor under or by reason of this letter agreement. Without limiting the foregoing, the
Investor’s creditors shall have no right to specifically enforce this letter agreement or to cause the Investor to enforce this letter agreement. 

  
 5 

 9. Several Liability. Notwithstanding anything to the contrary contained in this
letter agreement, the liability of each Sponsor hereunder shall be several, not joint and several, based upon its respective Pro Rata Percentage, and no Sponsor shall be liable for any amounts hereunder in excess of its Pro Rata Percentage of the
Commitment, as applicable. For purposes of letter agreement, the “Pro Rata Percentage” of each Sponsor is as set forth below: 
  

					
	 Apax Europe VII-A, L.P.
	  	 	29.583	% 
	 Apax Europe VII-B, L.P.
	  	 	54.279	% 
	 Apax Europe VII-1, L.P.
	  	 	1.388	% 
	 Apax Europe VI-A, L.P.
	  	 	8.323	% 
	 Apax Europe VI-1, L.P.
	  	 	0.010	% 
	 Apax US VII – L.P.
	  	 	6.417	% 
		  	 	 	 
	 Total:
	  	 	100.000	% 

 10.
Termination. The obligation of Sponsor to fund the Commitment will terminate automatically and immediately upon the earliest to occur of (a) the termination of any of the Securities Purchase Agreement or any Patni Purchase Agreement in
accordance with its terms and (b) the funding of the Commitment. Upon termination, all rights and obligations of the parties hereunder shall terminate and there shall be no liability on the part of any party hereto. 

11. No Recourse. Notwithstanding anything that may be expressed or implied in this letter agreement or any document or instrument
delivered in connection herewith, and notwithstanding the fact that Sponsor may be a partnership or limited liability company, by its acceptance of the benefits of this letter agreement, each addressee acknowledges and agrees that no Person other
than Sponsor has any obligations hereunder and that no recourse shall be had hereunder, or for any claim based on, in respect of, or by reason of, such obligations or their creation, against, and no personal liability shall attach to, be imposed on
or otherwise be incurred by any Related Person of the Sponsor, whether by or through attempted piercing of the corporate veil, by or through a claim by or on behalf of the addressees against any Related Person of the Sponsor, by the enforcement of
any assessment or by any legal or equitable proceeding, by virtue of any statute, regulation or applicable law, or otherwise. For the purposes of this letter agreement, “Related Person” means (i) any former, current and future
equity holders, controlling Persons, directors, officers, employees, agents, Affiliates, members, managers, general or limited partners or assignees of the Sponsor or (ii) any former, current or future stockholder, controlling Person, director,
officer, employee, general or limited partner, member, manager, Affiliate, agent or assignee of any of the foregoing. 

*    *    *    *    * 

(signature page follows) 

  
 6 

 Sincerely, 
 For and on behalf of Apax Partners Europe Managers Limited as Manager of Apax Europe VI - A, L.P. 
  

									
	By:	 	 /s/ Martin Halusa
	 		 	By:	 	 /s/ Steve Hare

	Name:	 	Martin Halusa	 		 	Name:	 	Steve Hare
	Title:	 	Director	 		 	Title:	 	Authorized Signatory

 For and on behalf of Apax
Partners Europe Managers Limited as Manager of Apax Europe VI - 1, L.P. 
  

									
	By:	 	 /s/ Martin Halusa
	 		 	By:	 	 /s/ Steve Hare

	Name:	 	Martin Halusa	 		 	Name:	 	Steve Hare
	Title:	 	Director	 		 	Title:	 	Authorized Signatory

 For and on behalf of Apax
Partners Europe Managers Limited as Manager of Apax Europe VII - A, L.P. 
  

									
	By:	 	 /s/ Martin Halusa
	 		 	By:	 	 /s/ Steve Hare

	Name:	 	Martin Halusa	 		 	Name:	 	Steve Hare
	Title:	 	Director	 		 	Title:	 	Authorized Signatory

 For and on behalf of Apax
Partners Europe Managers Limited as Manager of Apax Europe VII - B, L.P. 
  

									
	By:	 	 /s/ Martin Halusa
	 		 	By:	 	 /s/ Steve Hare

	Name:	 	Martin Halusa	 		 	Name:	 	Steve Hare
	Title:	 	Director	 		 	Title:	 	Authorized Signatory

 For and on behalf of Apax
Partners Europe Managers Limited as Manager of Apax Europe VII - 1, L.P. 
  

									
	By:	 	 /s/ Martin Halusa
	 		 	By:	 	 /s/ Steve Hare

	Name:	 	Martin Halusa	 		 	Name:	 	Steve Hare
	Title:	 	Director	 		 	Title:	 	Authorized Signatory

 [Signature Page to
Equity Commitment Letter] 

  

			
	Apax US VII, L.P.
		
	By:	 	Apax US VII GP, L.P. its General Partner
		
	By:	 	Apax US VII GP, Ltd. its General Partner
		
	By:	 	 /s/ Christian Stahl

	Name:	 	Christian Stahl
	Title:	 	Vice President

 [Signature Page to Equity
Commitment Letter] 

  

					
	Agreed to and accepted:
	
	Viscaria Limited
		
	By:	 	 /s/ Andreas Athinodorou

		 	Name:	 	Andreas Athinodorou
		 	Title:	 	Director

 [Signature Page to Equity
Commitment Letter] 

  

					
	Agreed to and accepted:
	
	iGATE Corporation
		
	By:	 	 /s/ Sujit Sircar

		 	Name:	 	Sujit Sircar
		 	Title:	 	Chief Financial Officer

 [Signature
Page to Equity Commitment Letter]

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