Document:

EX-10.5

 Exhibit 10.5 

THE SHARES ISSUABLE UPON LAPSE OF THE RESTRICTION PERIOD WILL 

NOT BE RELEASED UNTIL ALL APPLICABLE WITHHOLDING TAXES 

HAVE BEEN SATISFIED 

RESTRICTED STOCK UNIT GRANT AGREEMENT 

UNDER THE SYNTEL, INC. 

2016 INCENTIVE PLAN 

THIS RESTRICTED STOCK UNIT GRANT AGREEMENT made this          day of
        , 20     by and between Syntel, Inc., a Michigan corporation (“the Corporation”), and
                     (the “Grantee”). 

WITNESSETH: 

WHEREAS, the Grantee is now employed by the Corporation or a Subsidiary of the Corporation, and the Corporation desires to provide
additional incentive to the Grantee, to encourage stock ownership by the Grantee, and to encourage the Grantee to remain in the employ of the Corporation or a Subsidiary, and as an inducement thereto, the Corporation has determined to grant to the
Grantee a Restricted Stock Unit Award pursuant to the Corporation’s 2016 Incentive Plan, a copy of which is available to employees on Syntelligence; 

NOW, THEREFORE, it is agreed between the parties as follows: 

1. Definitions in Agreement. For purposes of this Agreement, certain words and phrases have the following definitions: 

(a) “Award” means the Restricted Stock Units granted pursuant to this Agreement; 

(b) “Change in Control” means the definition in Section 1.4(e) of the Plan upon the occurrence of any of the following
events: (i) the acquisition by one or more persons acting as a group of more than fifty percent of the total fair market value or total voting power of the Corporation’s Common Stock; (ii) the acquisition by one or more persons acting
as a group within a 12-month period of thirty-five percent or more of the total voting power of the Company’s Common Stock; (iii) the majority of the members on the Corporation’s Board is replaced during a 12-month period by Directors
whose appointment or election is not endorsed by a majority of the members of the Corporation’s Board prior to the date of the appointment or election; (iv) the acquisition of more than forty percent of the total gross fair market value of
the Corporation’s assets; provided however, that any event in (i) through (iv) involving any of the shareholders of the Corporation on February 28, 2016 (or any entity at any time controlled by any such shareholder or
shareholders) shall not be included within the meaning of “Change in Control.” 

 (c) “Change in Control Termination” means, as defined in Section 1.4(f) of
the Plan, with respect to the Grantee: (i) the Grantee’s involuntary termination of employment without “Cause,” as defined in Section1.4(d) of the Plan, or (ii) the Grantee’s termination due to “Good Reason”
as defined in Section 1.4(s) of the Plan, either event occurring after the execution of an agreement to consummate a Change of Control with the Corporation as a party and while such agreement remains effective, or within two years following a
Change in Control. 
 (d) “Code” means the Internal Revenue Code of 1986, as amended; 

(e) “Committee” means, as defined in Section 1.4(i) of the Plan, the Compensation Committee of the Board, or any other
committee or sub-committee of the Board, designated by the Board from time to time, comprised solely of two or more Directors who are “Non-Employee Directors,” as defined in Rule 16b-3 of the Exchange Act, “Outside Directors” as
defined in Code Section 162(m) and Treasury regulations thereunder, and “Independent Directors” for purposes of the rules and regulations of the applicable stock exchange; 

(f) “Common Stock” means the common stock of the Corporation; 

(g) “Corporation” means Syntel, Inc.; 

(h) “Employment” (whether or not capitalized) means employment with the Corporation or any Subsidiary of the Corporation;

 (i) “Grant Date” means the date of this Agreement as reflected above; 

(j) “Insider Trading Policy” means the policy adopted by the Board that establishes rules regarding the trading of the
Corporation’s securities by its directors, officers, and employees, which policy is available on the Syntelligence; 
 (k)
“Plan” means the Corporation’s 2016 Incentive Plan; 
 (l) “Restricted Stock Unit” means a right granted
under Article IV of the Plan to receive one share of Common Stock for each Restricted Stock Unit at the time the applicable restrictions lapse, less any shares withheld to satisfy income and employment tax withholding requirements; and 

(m) “Restriction Period” means the period of time during which a Grantee’s Restricted Stock Units are subject to
restrictions and are nontransferable. 
 2. Grant of Restricted Stock Units. Subject to the terms and conditions hereof, the
Corporation hereby grants to the Grantee XXXXXX Restricted Stock Units as of the close of business on the Grant Date. 

 3. Lapse of Restriction Period. The Restriction Period lapses on or after the
following anniversaries of the Grant Date as to the following cumulative percentages of the Restricted Stock Units: 
  

			
	 On or after the first anniversary
	  	25%
	 On or after second anniversary
	  	25% additional
	 On or after third anniversary
	  	25% additional
	 On or after fourth anniversary
	  	25% additional

 In accordance with this schedule, on or after the fourth anniversary of the Grant Date, all restrictions on the Restricted
Stock Units shall have lapsed; provided, however, that each of the foregoing anniversaries of the Grant Date shall be deemed automatically extended (i) by the total period of time that the Grantee spends on unpaid leave(s) of absence between
the Grant Date and each such anniversary, and (ii) for the duration of any regular or special blackout on trading in Common Stock in effect pursuant to the Insider Trading Policy when the anniversary occurs. 

4. Forfeiture of Restricted Stock Units. The Grantee received this Grant upon purchasing Common Stock. The Restricted Stock
Units in this Grant will terminate and be forfeited whenever the Grantee fails to retain Common Stock equal to at least four times the number of Restricted Stock Units that are then subject to the Restriction Period. 

5. Certificate or Electronic Balance. Except as otherwise provided in this Agreement and in Article IV and Section 10.3 of
the Plan, and subject to applicable federal and state securities laws, shares covered by Restricted Stock Units awarded under the Plan shall become freely transferable by the Grantee and a Common Stock certificate issued or an electronic balance
with a brokerage working with the Plan established following the last day of the Restriction Period and after shares have been withheld to satisfy the applicable income and employment tax withholding requirements. 

6. Termination of Employment. 

(a) If a Grantee terminates employment for any reason (other than as provided in paragraph (b) or (c) below, after a Change
in Control), the Grantee’s right to shares of Common Stock subject to a Restricted Stock Unit Award that are still subject to a Restriction Period automatically shall terminate and be forfeited by the Grantee. 

(b) In the event of the Grantee’s Change in Control Termination subsequent to a Change in Control, the remaining Restriction
Period on any Restricted Stock Units granted hereunder shall immediately lapse and the shares shall become fully transferable. 
 (c)
In the event of the Grantee retiring after age sixty (60) and with ten (10) or more years of employment with Syntel, the remaining Restriction Period on any Restricted Stock Units granted hereunder shall immediately lapse and the
shares shall become fully transferable. 
 (d) Except as provided in paragraph (b) above, all Restricted Stock Units for which
the applicable Restriction Period has not lapsed as of termination of employment shall be canceled. 

 (e) A leave of absence with the written consent of the Corporation and in accordance with
Code Section 409A, or a transfer of the Grantee from one corporation to another among the Corporation, its Parent and any of its Subsidiaries shall not be deemed to constitute a termination of employment for purposes of this Restricted Stock
Unit Award. 
 7. Compliance with Securities Laws. Anything to the contrary herein notwithstanding, the Corporation’s
obligation to deliver Common Stock under this Agreement is subject to such compliance with federal and state laws, rules and regulations applying to the authorization, issuance or sale of securities, and applicable stock exchange requirements, as
the Corporation deems necessary or advisable. The Corporation shall not be required to deliver Common Stock pursuant hereto unless and until it receives satisfactory proof either that (a) the issuance or transfer of such shares will not violate
(i) any of the provisions of the Securities Act of 1933 or the Securities Exchange Act of 1934 or the rules and regulations of the Securities Exchange Commission promulgated thereunder, (ii) the rules and regulations of any stock exchange
on which the Corporation’s securities are listed, or (iii) state law governing the sale of securities, or (b) there has been compliance with the provisions of such acts, rules, regulations and state laws. If the Grantee fails to
accept delivery for all or any part of the number of shares specified by such notice upon tender of delivery thereof the Grantee’s right to Common Stock with respect to such undelivered shares may be terminated by the Corporation. 

8. Non-Assignability. The Restricted Stock Units granted hereunder may not be transferred, pledged, assigned, or otherwise
alienated or hypothecated until the Restriction Period applicable to the Restricted Stock Unit has lapsed and the applicable number of shares has been withheld to satisfy any income and employment tax withholding requirements. 

9. Withholding. Unless otherwise permitted or designated by the Corporation, the Corporation shall withhold from the
Grantee’s Restricted Stock Unit Award the applicable number of shares of Common Stock necessary to satisfy any minimum income and employment tax withholding requirements arising in connection with the lapse of the Restriction Period applicable
to such Restricted Stock Units. To the extent that the shares withheld from the Award do not satisfy the minimum withholding requirements, or if the Grantee is to receive the full number of shares upon the lapse of the Restriction Period applicable
to such Restricted Stock Units, the Grantee authorizes the Corporation to withhold the difference, or the entire amount due, in cash from other compensation owed by the Corporation to the Grantee. The Grantee shall tender such cash amount for the
minimum withholding requirements to the Corporation if the Grantee is not then receiving compensation from the Corporation to cover such amount. 

10. Disputes. As a condition to the granting of the Restricted Stock Unit Award granted hereby, the Grantee and the
Grantee’s successors and assigns agree that any dispute or disagreement which shall arise under or as a result of this Agreement shall be determined by the Committee in its sole discretion and judgment and that any such determination and any
interpretation by the Committee of the terms of this Agreement shall be final and shall be binding and conclusive for all purposes. 

 11. Adjustments. In the event of any stock dividend, stock split, reclassification,
merger, consolidation, or similar transaction affecting the shares of Common Stock associated with this Restricted Stock Unit Award and in the event of a Change in Control, the rights of the Grantee shall be as provided in Article IX of the Plan,
and any adjustment therein provided shall be made in accordance with Article IX of the Plan. 
 12. Rights as Shareholder.
During the Restriction Period, Grantee may not exercise voting rights with respect to the Restricted Stock Units granted hereunder. No dividend or distribution of shares declared with respect to the Common Stock associated with this Restricted Stock
Unit Award will accrue or be paid until after the lapsing of the Restriction Period applicable to the Restricted Stock Units. 
 13.
Notices. Every notice relating to this Agreement shall be in writing and if given by mail shall be given by registered or certified mail with return receipt requested. All notices to the Corporation shall be delivered to the Secretary of
the Corporation at the Corporation’s headquarters in Troy, Michigan, or addressed to the Secretary of the Corporation at 525 E. Big Beaver Road, Suite 300, Troy, MI 48083. All notices by the Corporation to the Grantee shall be delivered to the
Grantee personally or addressed to the Grantee at the Grantee’s last residence address as then contained in the records of the Corporation or such other address as the Grantee may designate. Either party by notice to the other may designate a
different address to which notices shall be addressed. Any notice given by the Corporation to the Grantee at the Grantee’s last designated address shall be effective to bind any other person who shall acquire rights hereunder. 

14. Foreign Law Restrictions. Anything to the contrary herein notwithstanding, the Corporation’s obligation to deliver
Common Stock pursuant to a Restricted Stock Unit grant is subject to compliance with the laws, rules and regulations of any foreign nation applying to the authorization, issuance or sale of securities, providing of compensation, transfer of
currencies and other matters, as may apply to the Grantee, if a resident of such foreign nation. To the extent that the Corporation is restricted in accordance with such foreign laws from delivering shares of Common Stock to the Grantee as would
otherwise be provided for in this Agreement, the Corporation shall be released from such obligation and shall not be subject to the claims of the Grantee hereunder with respect thereto. 

15. Governing Law. This Agreement has been made in and shall be construed in accordance with the laws of the State of Michigan.

 16. Provisions of Plan Controlling. The provisions hereof are subject to the terms and provisions of the Plan, a copy of
which is available to the Grantee on the Syntelligence. In the event of any conflict between the provisions of this Agreement and the provisions of the Plan, the provisions of the Plan shall control. 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year
first above written. 
 SYNTEL, INC. 
  

			
	By:	 	  

		 	Daniel M. Moore, Chief Administrative Officer
		
	By:	 	  

		 	Rajesh Save, Global Head – Human Resources
		
		 	                                      
                       , Grantee
		 	[Insert Printed Name]EX-10.19

 Exhibit 10.19 

Terms and Conditions: 
 1.0 WORK
RELATED 
 1.1 You will devote full time to the work of SYNTEL Ltd. (herein referred as SL), and shall not undertake any direct / indirect
business / work / assignment etc. even on part-time basis whether for any consideration or not, save with the prior written permission from the Company. 

1.2 You will use your best efforts in the performance of employment duties assigned to you from time to time and to, at all times, act in good faith
and in the best interests of SL, you will comply with all rules, regulations and procedures established by SL. 
 1.3 You will retire from the
SL’s services on reaching the age of 60 yrs or earlier if found medically unfit. The age or date of birth already given by you in your application form would be treated as binding and final. The actual date of retirement shall be the
last date of the calendar month in which you were born. 
 2.0 SOFTWARE RELATED 

You are strictly prohibited from bringing any unauthorized / infringed copies of software in the office premises, from any external sources or copying software
from one computer system to another which may include any violation of the provisions of the Copyrights Act. Non-compliance of this rule will be regarded as a serious offense and you will be subjected to appropriate disciplinary action. 

3.0 INTELLECTUAL PROPERTY RIGHTS 
 3.1 You will
agree to inform SL of full details of all your inventions, discoveries, concepts and ideas (collectively called “Developments”), whether patentable or not, including but not limited to, hardware and apparatus, products, processes
and methods, formulae, computer programs and techniques, as well as any improvements and related knowledge, which you conceive, improve, complete, or put in to practice (whether alone or jointly with others) while you continue in the employment of
SL; and which relate to the present or prospective business, work or investigations of SL; or which result from any work you do using any equipment, facilities, materials or personnel of SL; or which has or have been developed by you or under your
supervision, or which result from or are suggested by any work, which you do or may do for SL. 
 3.2 The ownership of all “developmental”
work and documentation created by you shall from the moment of its creation, vest in SL. Thus, you agree to assign and do hereby assign to SL, SL’s nominee, your entire right, title and interest in – 

 

	 	•	 	all Developments; 

  

	 	•	 	all trademarks, copyrights and mask work rights in the developments; and 

  

	 	•	 	all patent applications filed, patents granted on any development, including those in foreign countries, which you conceive or make (whether alone or with others) while employed by SL or within two (2) years of the
end of your employment (if conceived as a result of your Employment) 

 3.3 You acknowledge existence of SL’s present and future products, know how, processes, software
products, programs, codes, documentation and flowcharts in any form and agree to abide by the procedures of the Copyright Law in force in India and foreign countries, which prohibits the reproduction of such protected works, in whole or in part, or
in any form or by any other means without the prior written permission of SL. 
 3.4 You will assign to SL your entire right, title and interest in
any invention or improvement that you might make solely or jointly with others, during the course of your employment with SL relating to any and all products / services / software / software tools marketed or manufactured or developed and that you
will perform any acts and execute such documents without expenses to you which, in the judgments of SL or its attorneys may be needful or desirable to secure to the Company patent protection and any / all rights relating to such invention or
improvement. 
 4.0 NONSOLICITATION / NONCOMPLETE / NONDIVERSION 

4.1 During the term of this Employment Agreement and for a period of two (2) years subsequent to the termination of this Agreement, you will not,
without the prior written consent of SL, directly, indirectly, or through any other party solicit business from or perform services for any direct or indirect SL customer or any prospective SL customer whom you had any contact with or exposure to,
at any time during the term of this Employment Agreement. 
 4.2 During the term of this Employment Agreement and for a period of two (2) years
subsequent to the termination of this Agreement, you will not, without the prior written consent of SL, seek engagement or employment, either full-time or contractually with any organization that is likely to deploy you on project /
assignment in Offshore or Onsite client engagement where SL is already working for the same client and where you have been engaged in a project with the client organization for a period exceeding one month. This clause does not apply if a period of
one year has already exceeded from the last date of working with the specific client. 
 4.3 During the term of this Employment Agreement and for a
period of two (2) years subsequent to the termination of this Agreement, you will not, without the prior written consent of SL directly, indirectly, or through any other party solicit, offer to, or accept the employment of, persons who
are then, or were during the previous six (6) months, employees of SL or any SL subsidiary / associate / affiliate. 
 5.0 SPECIALIZED
TRAINING and KNOWLEDGE ACQUISITION 
 5.1 If you have to undergo any specialized training in SL or arranged by SL, you will have to
undertake a training agreement to serve SL for a minimum period of one year from the date of undergoing the specialized training. Liquidated damages in case of breach of agreement in this regard would be Rs. 100,000/- (Rupees One Lac only). During
this training period if your performance if found to be unsatisfactory, the Company reserves the right to terminate you from this employment. 

 5.2 On deputation to a client site for knowledge Acquisition and subsequent Knowledge Transfer on a
client’s application, either for development, enhancement, maintenance or support, you will be understood to have gathered intellectual property on behalf of SL while on such deputation. As a consequence, you shall commit to serving SL for a
minimum period of six months from the date of return to India from the Onsite engagement. This clause does not apply in the event that you are transferred, within SL, to another client engagement where the value of the initial knowledge acquisition
has diminished and therefore does not constitute knowledge attrition. 
 6.0 CONFIDENTIALITY 

6.1 In connection with your providing certain products and/or services to SL and/or on behalf of SL, you will have access to information concerning SL
and SL’s clients. As a condition to your being given access to such information, you agree to treat any information concerning SL and/or SL’s clients (whether prepared by SL, its advisors or otherwise) which is furnished to you by or on
behalf of SL and/or SL’s clients (herein collectively referred to as the “Confidential Information”) in accordance with the provisions of this letter and to take or abstain from taking certain other actions herein set forth. The term
“Confidential Information” does not include information which (i) is already in your possession, or (ii) becomes generally available to the public other than as a result of a disclosure by you or (iii) becomes available to
you on a non-confidential basis from a source other than SL and/or SL’s clients. The confidential Information shall be solely used for the purpose of and on behalf of SL and you further agree that disclosure of the same shall be with prior
permission of SL. 
 6.2 You agree to promptly redeliver to SL, upon request, all Confidential Information including all Intellectual property
rights, whether registered or unregistered on any tangible media and that you will not retain any copies, extracts or other reproductions in whole or in part of such material. You further agree that breach of this confidentiality letter agreement
could cause irreparable harm to SL and that SL shall be entitled to any and all injunctive relief, as well as monetary damages, including reasonable attorney fees, for such breach. 

7.0 ARBITRATION 
 All disputes or difference what so ever
arising between the parties out of or related to this contract or the construction or meaning and operation or effect of this contract or the breach thereof shall be settled by arbitration in accordance with rules of arbitration of the Indian
Merchant Chambers and award made in pursuant thereof shall be binding on the parties. 
 You or SL may demand arbitration by giving a written notice to the
other party stating the nature of the controversy. 
 8.0 GOVERNING LAW 

The validity, constructing, interpretation and performance of this Contract will be governed by Indian Laws and adjudicated upon by a competent Court in
Mumbai. 

 9.0 REMEDIES 

9.1 Notwithstanding paragraph (Arbitration clause), you agree that your failure or neglect to perform, keep, or observe any term, provision, condition,
covenant, warranty, or representation contained in this Contract, the confidentiality Contract or any other agreement between you and SL will cause SL immediate and irreparable harm and that SL is, in addition to all other remedies available to it,
entitled to immediate injunctive and equitable relief from a court having jurisdiction to prevent any breach and to secure the enforcement of its rights hereunder. 

9.2 Remedies for damages procuring prior to SL’s knowledge of breach or until action in breach ends and related in any way to the effects of the
breach shall include but not be limited to monetary damage, liquidated damage, attorney’s fees and other cause related to the action. 
 10.0 OTHERS

 10.1 You will also be covered by the Company’s Mediclaim and Accident Insurance Policy. 

10.2 This appointment is being made in good faith on the basis of your CV and other information provided by you during the course of SL and your mutual
discussions. Any data, which is not in consonance with the information provided by you, shall result in termination of employment forthwith and you shall indemnify SL in full, for any losses suffered by SL. SL reserves the right to make suitable
formal / informal checks with your educational institutions and previous employers as may be applicable. You are requested to produce all the documents as mentioned in the checklist attached on your date of joining. 

10.3 You shall not accept any presents, commissions, or any kind of gratification in cash or kind from any person, party, firm or company having
dealings with SL group of companies and if you are offered you will report the same immediately to SL. 
 10.4 On matters not specifically covered in
this Employment Contract, you shall be governed by SL’s service rules, practices, etc. which are liable for modifications, additions, total or partial withdrawal, suspension / revocation, etc. from time to time. SL’s decision on all such
matters shall be final and binding on you. 
 11.0 SEVERABILITY 

If any clause in this agreement is held invalid, illegal or unenforceable for any reason, that provision shall be severed and the remainder of the provisions
of this agreement will continue in full force and effect as if this agreement had been executed without such invalid provision. 
  

									
	For, SYNTEL Ltd.	 		 	Confirmed and Agreed to
					
	Signature	 	/s/ Ajay P	 		 	Signature	 	/s/ Rahul Aggarwal
	Name	 	Ajay P	 		 	Your Name	 	Rahul Aggarwal
	DATE:	 	11-2-2008	 		 	DATE:	 	1/2/2008

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00267-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00267-of-00352.parquet"}]]