Document:

EX-10.1

 Exhibit 10.1 
 EXECUTION VERSION 
 SECOND AMENDMENT TO THE STOCKHOLDER AGREEMENT

 This Amendment (this “Amendment”), dated as of June 30, 2013, is made by EVERTEC, Inc.
(f.k.a. Carib Latam Holdings, Inc.), a corporation organized under the laws of the Commonwealth of Puerto Rico (the “Company”), AP Carib Holdings, Ltd., an exempted company organized under the laws of the Cayman Islands
(“Apollo”), and Popular, Inc., a corporation organized under the laws of the Commonwealth of Puerto Rico (“Popular”). Capitalized terms used and not otherwise defined herein have the meanings set forth
in the Stockholder Agreement (as defined below). 
 WHEREAS, the Company, Apollo, Popular, and the other Holders are parties to
that certain Stockholder Agreement, dated as of April 17, 2012, as amended by the First Amendment to the Stockholder Agreement dated as of March 27, 2013 (as so amended, the “Stockholder Agreement”); 

WHEREAS, Section 12(h) of the Stockholder Agreement provides, among other things, that the Stockholder Agreement may be amended by
the Company from time to time with the written consent of (a) Holders holding at least a majority of the Class A Shares then outstanding and (b) for so long as a Principal Stockholder’s Proportionate Percentage is at least 10%,
such Principal Stockholder; 
 WHEREAS, Apollo and Popular collectively own a majority of the issued and outstanding
Class A Shares, and Apollo, Popular and the Company desire to amend certain provisions of the Stockholder Agreement as set forth in this Amendment. 
 NOW, THEREFORE, in consideration of the covenants and agreements contained herein and in the Stockholder Agreement and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties agree as follows: 
 A. Amendments to the Stockholder Agreement. The Stockholder
Agreement is hereby amended as follows: 
 1. Section 2(d) – Composition. Effective as of the date hereof,
Section 2(d) of the Stockholder Agreement is hereby amended as follows: 
 (a) Subclause (vi) of Section 2(d)
shall be amended and restated as follows: 
 “(vi) if the number of Directors nominated pursuant to the foregoing clauses
(ii) through (v) is less than eight, then a committee of the Board comprised of all Directors other than the Director or Directors who are to be replaced by Independent Replacement Directors because the Holder or Holders who nominated such
Directors have lost the right to nominate such Directors pursuant to this Section 2 (the “Independent Replacement Director Selection Committee”), shall have the right to (A) nominate Independent Replacement Directors to
fill 

 
such vacancies, which nominations must be reasonably acceptable to each Principal Stockholder so long as such Principal Stockholder’s Proportionate Percentage is 5% or more, and
(B) remove any Independent Replacement Directors at any time and for any reason; provided that (1) nothing in this Agreement shall affect the right of holders of a majority of the outstanding Common Shares to remove any Independent
Replacement Director with or without cause or the right of any holder of outstanding Common Shares to nominate a person for election as a Director (whether to fill a vacancy or otherwise) at any meeting of the stockholders in accordance with
applicable Law, the Certificate of Incorporation and the Company’s bylaws; (2) the Independent Replacement Director Selection Committee shall act by the vote of a majority of all of its members (including any vacancies) in nominating and
removing the Independent Replacement Directors; (3) except in connection with nominations for the annual meeting of the Holders or any special meeting of the Holders for which the notice of such meeting sets forth that the business to be
conducted shall include the election of directors (and in the case of such a special meeting, solely to the extent of the number of directors so indicated to be elected), the Independent Replacement Director Selection Committee shall only nominate a
person to be an Independent Replacement Director to the extent there exists, at such time, a vacancy on the Board; and (z) the Independent Replacement Director Selection Committee shall, in connection with nominating any person to be an
Independent Replacement Director, indicate the order in which each Independent Replacement Director shall be automatically removed if the number of Independent Directors pursuant to this Section 2(d)(vi) decreases; and” 

2. Section 2(g) – Term: Removal and Replacement. Effective as of the date hereof, Section 2(g) of the Stockholder
Agreement is hereby amended and restated follows: 
 “(g) Term: Removal and Replacement. Each Principal Stockholder
and each of its Partial Rights Transferees agrees to vote all of its Common Shares and to take all other necessary or desirable actions within its control (whether in such Holder’s capacity as a Holder or otherwise, and including, without
limitation, attendance at meetings in person or by proxy for purposes of obtaining a quorum and execution of written consents in lieu of meetings), and the Company will, as promptly as practicable, take all necessary and desirable actions within its
control (including, without limitation, calling special meetings of the Board and the Holders), so that each of the nominees designated in Section 2(d) or Section 2(e) will be elected as Directors at any annual or special meeting of
the Holders (or by written consent in lieu of a meeting of the Holders), and each Director so elected will serve until their successors are duly elected and qualified pursuant to the terms of this Agreement or until their earlier death, disability,
resignation or removal (with cause or without cause). Subject to applicable Law, no Director may be removed without the consent of the Holder who is entitled to nominate such individual as a Director pursuant this Agreement. Subject to applicable
Law, a Director may only be removed at the direction of the party that is entitled to nominate such Director and, except as set forth in Section 2(d)(vi) and applicable Law, the vacancy created by any former Director may only be filled by a
nominee of the party that was entitled to nominate such former Director. Each Principal Stockholder and each of its Partial Rights Transferees agrees to vote all of its Common Shares and to take all other necessary or desirable actions within its
control (whether in such Holder’s capacity as a Holder or otherwise, and including, without limitation, attendance at meetings in person or by proxy for purposes of obtaining a quorum and execution of written consents in lieu of meetings), and
the Company will, as promptly as practicable, take all 

  
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necessary and desirable actions within its control (including, without limitation, calling special meetings of the Board and the Holders), so that each Director shall be removed as directed by
the Holder entitled to nominate such Director. Furthermore, each Principal Stockholder and each of its Partial Rights Transferees shall vote all of its Common Shares to cause the individual then entitled to be the Management Director to be a member
of the Board, including removing any person previously elected as the Management Director and no longer entitled to hold such position in accordance with this Agreement. In the event that a person serving as the Management Director loses the right
pursuant to Section 2(d) to serve in such capacity, the Board (by majority vote of the Directors then in office, even in less than a quorum) may remove such person from the Board. Subject to the foregoing, in the event a vacancy is
created on the Board by reason of the death, disability, resignation or removal (with cause or without cause) of any Director, each Principal Stockholder and each of its Partial Rights Transferees hereby agrees that such vacancy may be filled by a
majority vote of the Directors then in office, even if less than a quorum, or by a sole remaining Director, and any Director so chosen shall hold office for the remainder of the full term in which such vacancy occurs; provided, that, any person
chosen to fill such vacancy shall be selected in accordance with the procedures set forth in this Section 2. Subject to applicable Law, the Company and each Principal Stockholder and each of its Partial Rights Transferees shall fill any
vacancies on the Board in accordance with this Section 2, as soon as practicable following the date such vacancy is created.” 
 3. Section 6(b) – Excluded Securities. Effective as of the date hereof, Section 6(b) of the Stockholder Agreement is hereby amended as follows: 

(a) Subclause (ii)(A) of Section 6(b) shall be amended and restated as follows: 

“(A) securities of the Company, including any options, warrants or other securities convertible into or exercisable or exchangeable
for any such securities, issued pursuant to the Management Long-Term Compensation Plan, in an aggregate amount (inclusive of any such securities that have been converted into, exercised or exchanged for voting securities) at any time outstanding not
to exceed (on an as-converted, exercised or exchanged basis) 2,921,604 Common Shares, and” 
 4. Section 12
(h) – Amendments. Effective as of the date hereof, Section 12(h) of the Stockholder Agreement is hereby amended and restated as follows: 
 “(h) Amendments. Other than with respect to amendments to Schedule I attached hereto, which may be amended by the Company to reflect additional Holders, this Agreement may not be
amended, supplemented or modified without the written consent of (x) the Holders holding at least a majority of the Class A Shares held by all of the Holders at the time of such amendment and (y) for so long as any Principal
Stockholder’s Proportionate Percentage is at least 10%, such Principal Stockholder; provided, however, that (i) any such amendment, modification or supplement that by its terms affects the rights or obligations of any Holder in a manner
that is materially adverse and substantially different relative to other Holders shall not be enforceable against such Holder without the written consent of such Holder, and (ii) the written consent of the Company shall be required, in the
event that any such amendment, modification or supplement imposes a burden or obligation on the Company or adversely affects a benefit or right of the Company under this Agreement.” 

  
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 5. Annex I – ACTIONS REQUIRING SPECIAL APPROVAL. Effective as of the date
hereof, Annex I of the Stockholder Agreement is hereby amended as follows: 
 (a) Item 9 of Annex I shall be amended and
restated as follows: 
 “9. any engagement by the Company or any Subsidiary of the Company, directly or indirectly, in one
or a series of related transactions with (i) any Principal Stockholder, (ii) any Affiliate of a Principal Stockholder, (iii) any Person in which a Principal Stockholder or any of its Affiliates holds more than 50% of such
Person’s equity securities or (iv) any executive management employee of the Company, other than (A) dividends and other distributions on shares of the Company’s capital stock, (B) in the case of clauses (ii), (iii) or
(iv) above, transactions that are entered into on arm’s length terms in the ordinary course of business, and (C) in accordance with any agreement executed and delivered on the date of this Agreement with the consent of Apollo and
Popular;” 
 B. Miscellaneous. This Amendment and the Stockholder Agreement, together, contain the complete
agreement among the Company and the Holders and supersede any prior understandings, agreements, letters of intent, or representations by or among such parties, written or oral, to the extent they relate to the subject matter hereof. Except as
specifically amended hereby, the Stockholder Agreement, as amended hereby, shall remain in full force and effect. The terms and provisions of Section 12 of the Stockholder Agreement are incorporated herein by reference as if set forth
herein in their entirety and shall apply mutatis mutandis to this Amendment. 

*        *        *      
  *        * 

  
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 IN WITNESS WHEREOF, the Company has executed or caused this Amendment to be executed as of
the date first written above. 
  

			
	EVERTEC, INC.
		
	By:	 	 /s/ Philip E. Steurer

	Name:	 	Philip E. Steurer
	Title:	 	 Executive Vice President and Chief
 Operating Officer

 [Signature Page to the Second Amendment to the Stockholder Agreement] 

 
			
	PRINCIPAL STOCKHOLDERS:
	
	AP CARIB HOLDINGS, LTD.
		
	By:	 	Apollo Management VII, L.P.,
		 	its sole director
		
	By:	 	AIF VII Management, LLC,
		 	its general partner
		
	By:	 	 /s/ Scott Ross

	Name:	 	
	Title:	 	
	
	POPULAR, INC.
		
	By:	 	 /s/ Ivan Pagani

	Name:	 	Ivan Pagani
	Title:	 	SVP

  

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Félix M. Villamil Pagani

	Name:	 	Félix M. Villamil Pagani

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	By:	 	 /s/ Lourdes Durán

	Name:	 	Lourdes Durán

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Carlos J. Ramírez

	Name:	 	Carlos J. Ramírez

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Jorge Rafael Hernández Gonzalez

	Name:	 	Jorge Rafael Hernández Gonzalez

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	By:	 	 /s/ Soraya Cheleuitte

	Name:	 	Soraya Cheleuitte

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Luis Gerardo Alvarado

	Name:	 	Luis Gerardo Alvarado

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	By:	 	 /s/ Alexandra Villalobos Montero

	Name:	 	Alexandra Villalobos Montero

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Miguel Vizcarrondo

	Name:	 	Miguel Vizcarrondo

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	By:	 	 /s/ Jackeline Cardona

	Name:	 	Jackeline Cardona

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

			
	By:	 	 /s/ Raúl Aponte

	Name:	 	Raúl Aponte

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	By:	 	 /s/ Madeline Fontanés

	Name:	 	Madeline Fontanés

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

			
	 By:
	 	 /s/ Ramón Luis Meléndez

	 Name:
	 	 Ramón Luis Meléndez

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	 By:
	 	 /s/ Ana M. Hernández Colón

	 Name:
	 	 Ana M. Hernández Colón

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

			
	By:	 	 /s/ José Luis Casas

	Name:	 	José Luis Casas

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	By:	 	 /s/ Emi Escribá

	Name:	 	Emi Escribá

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

			
	By:	 	 /s/ Miguel Angel Mercado Morales

	Name:	 	Miguel Angel Mercado Morales

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	By:	 	 /s/ Marena Rodríguez

	Name:	 	Marena Rodríguez

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Luisa Wert Serrano

	Name:	 	Luisa Wert Serrano

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Luis A Munoz Zavala

	Name:	 	Luis A Munoz Zavala

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Wanda Betancourt Diaz

	Name:	 	Wanda Betancourt Diaz

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	By:	 	 /s/ Joseph Albino

	Name:	 	Joseph Albino

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Lilia Sylvette Ramos Figueroa

	Name:	 	Lilia Sylvette Ramos Figueroa

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Luis Cabrera

	Name:	 	Luis Cabrera

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	By:	 	 /s/ Elisa Sánchez Colberg

	Name:	 	Elisa Sánchez Colberg

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	  

	Name:	 	James Gonzalez, Jr.

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	By:	 	  

	Name:	 	María Lizardi

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Juan Jose Roman Jimenez

	Name:	 	Juan Jose Roman Jimenez

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	 SPOUSE OF MANAGEMENT HOLDER

		
	By:	 	 /s/ Maday Viera

	Name:	 	Maday Viera

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

			
	 By:
	 	 /s/ Miguel Arocho

	Name:	 	Miguel Arocho

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

			
	By:	 	 /s/ Marcelino Zayas

	Name:	 	Marcelino Zayas

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Maria Gois

	Name:	 	Maria Gois

 The spouse of the above signed Management Holder hereby executes this Amendment to acknowledge (a) the
fairness of this Amendment and (b) that binding such spouse’s community interest, if any, in the Common Shares and any other securities referred to in this Amendment to the terms of this Amendment is in such spouse’s best interest.

  

			
	SPOUSE OF MANAGEMENT HOLDER
		
	By:	 	 /s/ Renzo Pilotta

	Name:	 	Renzo Pilotta

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Peter Harrington

	Name:	 	Peter Harrington

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	Thomas M. White 2006 Trust
		
	By:	 	  

	 Name:
	 	Trustee

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement] 

 
			
	By:	 	 /s/ Philip E. Steurer

	Name:	 	Philip E. Steurer

  
 [Signature
Page to the Second Amendment to the Stockholder Agreement]EX-10.2

 Exhibit 10.2 
 EVERTEC, Inc. 
 Cupey Center Building 

Road 176, Kilometer 1.3 
 San Juan, Puerto Rico 00926 
 August 1, 2013 

Félix M. Villamil Pagani 
 c/o EVERTEC,
Inc. 
 Cupey Center Building 
 Road
176, Kilometer 1.3 
 San Juan, Puerto Rico 00926 
 Dear Félix: 
 This letter will serve as confirmation of the terms of your
resignation as Vice Chairman of the Board of Directors (the “Board”) of EVERTEC, Inc. (the “Company”). Other than as specifically set forth below in this letter, you acknowledge and agree that you are not entitled
to any other payments or benefits from the Company and its affiliates in connection with your service with the Company and affiliates and the termination thereof, including, without limitation, pursuant to that certain Confidential Modification
Agreement and General Release, effective as of February 22, 2012 (the “Modification Agreement”). 
  

	1.	Resignation. You hereby resign, and the Company hereby accepts your resignation, as Vice Chairman of the Board effective as of August 7, 2013 (the
“Effective Date”). In addition, you hereby resign from all other positions you hold with the Company and its affiliates, including, without limitation, as a consultant and as a member of the Board and as a member of the board of
directors or similar governing body of the Company’s affiliates. For the avoidance of doubt, by accepting your resignation hereunder, the Company hereby waives any required notice period under the Modification Agreement.

  

	2.	Final Payment. The Company will pay you a lump sum amount equal to $25,000 (the “Final Payment”), which represents the accrued but unpaid
portion of the annual fee payable to you under the Modification Agreement. The Final Payment will be paid to you within ten (10) days following the Effective Date in full satisfaction of the Company’s obligations to you under the
Modification Agreement. 

  

	3.	Stock Options. As of the date hereof, you have 38,955 stock options which were granted to you pursuant to the terms of the Company’s Amended and Restated
2010 Equity Incentive Plan (the “Plan”) and that certain Amended and Restated Stock Option Agreement dated as of May 9, 2012 (the “Option Agreement”). Your stock options will accelerate and vest on the
Effective Date. All other terms of your stock options will continue to be governed by the Plan and your Option Agreement. 

  

	4.	Pension Benefits. Any pension benefits to which you may be entitled will be governed by the terms of the applicable plan documents. 

 Please acknowledge your understanding of, and agreement with, the foregoing by signing
below. 
  

			
	EVERTEC, Inc.
		
	By:	 	/s/ Juan J. Roman
		 	Name: Juan J. Roman
		 	Title: Chief Financial Officer

 I, Félix M. Villamil Pagani, understand and am in agreement with the foregoing, and hereby resign from any
and all positions I hold with EVERTEC, Inc. and its affiliates, including, without limitation, as Vice Chairman of the Board of Directors of EVERTEC, Inc., effective as of August 7, 2013. 

 

	
	
	/s/ Félix M. Villamil Pagani
	Félix M. Villamil Pagani
	Dated: August 1, 2013

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