Document:

QuickLinks
 -- Click here to rapidly navigate through this document

 

 
 

Exhibit 10.24    
    

FOURTH AMENDMENT  

        This fourth amendment (this "Amendment") is entered into as of March 27, 2008 by and between GENERAL
ELECTRIC COMPANY, a New York corporation with a principal place of business at 3135 Easton Turnpike, Fairfield, Connecticut 06431 ("GE"), and GENPACT INTERNATIONAL, a Delaware company, acting through
its Hungarian Branch having a principal place of business at Duna Plaza Offices, 4th Floor, Budapest Vaci Ut 178 1138, Hungary ("Company")
(GE and Company being collectively referred to herein as the "Parties"). 

W I T N E S S E T H:  

        WHEREAS, GE and its Affiliates entered into a Master Services Agreement with the Company dated as of December 30, 2004 (as amended as of January 1,
2005, December 16, 2005 and September 7, 2006, the "MSA"); 

        WHEREAS,
GE and the Company desire to enter into an amendment to that certain Amended and Restated Shareholders Agreement, dated as of August 7, 2007 (as amended from time to
time), pursuant to which (i) certain consent rights of Genpact Investment Co (Lux) Sicar S.A.R.L. in respect of any transfer by GE of its common shares of the Company would be terminated on and
as of the one year anniversary of the date hereof, and (ii) GE's right to appoint directors of the Company, and to designate an observer to the board of director of the Company (including the
right to receive materials provided to the board of directors of the Company) would be terminated on and as of the date hereof; and 

        WHEREAS,
in connection therewith, GE and Company wish to further amend the MSA to extend its term by one additional year. 

        NOW,
THEREFORE, in consideration of the above premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto
agree as follows: 

ARTICLE I

DEFINED TERMS  

        1.1    Defined Terms.    Capitalized terms not otherwise defined in this Amendment shall have the meaning specified in
the MSA. 

ARTICLE II

AMENDMENT TO TERMS  

        2.1    Extension of MVC.    Section 6.1 of the MSA is hereby amended to replace "six (6)-calendar year period"
with "seven (7)-calendar year period." In Section 6.2 of the MSA, references to the "seventh," "eighth" and "ninth" years of the Term are hereby adjusted to refer to the "eighth," "ninth" and
"tenth" years, respectively. 

        2.2    Extension of Initial Term.    Section 11.1(a) of the MSA is hereby amended so that the Initial Term
shall expire on December 31, 2014 instead of December 31, 2013. 

        2.3    Option to Extend Customer SOWs.    Section 11.2 of the MSA is hereby amended to replace
"December 31, 2010" with "December 31, 2011." 

 
ARTICLE III

GENERAL  

        3.1    Governing Law.    This Amendment will be governed by and construed and enforced in accordance with, the Laws of
the State of New York, without regard to conflict of laws principles thereof. 

        3.2    General Provisions.    The provisions of Sections 22.5, 22.6, 22.7, 22.8, 22.12, 22.13, 22.14, 22.15, 22.16 and
22.18 of the MSA shall apply to this Amendment and all references to the MSA in such sections shall be read as applying to the agreement as amended by this Amendment. 

[The remainder of this page has been intentionally left blank.]

2

 

        IN
WITNESS WHEREOF, the Parties hereto have caused this Amendment to be duly executed by their respective duly authorized representatives as of the day and year first above written. 

	 	 	GENPACT INTERNATIONAL
	

 	
 	
By:	

/s/  VICTOR GUAGLIANONE      
 Name:  Victor Guaglianone

Title:    SVP & General Counsel
	

 	
 	
GENERAL ELECTRIC COMPANY
	

 	
 	
By:	

/s/  DOUGLAS SEYMOUR      
 Name:  Douglas Seymour

Title:    GM—Global Business Services

3

QuickLinks

Exhibit 10.24QuickLinks
 -- Click here to rapidly navigate through this document

 

 
 

Exhibit 10.25    
    

 
 

AMENDMENT No. 1
  TO
  AMENDED AND RESTATED SHAREHOLDERS AGREEMENT    
    

        THIS AMENDMENT (this "Amendment"), dated and effective as of March 27, 2008, is made by and among Genpact
Limited (the "Company"), Genpact Investment Co (Lux) Sicar S.A.R.L. ("GICo"), GE Capital International
(Mauritius) ("GECIM") and GE Capital (Mauritius) Holdings Ltd. ("GECM" and together with GECIM,
"GE", and together with GICo, the "Shareholders"). 

W
I T N E S S E T H: 

        WHEREAS,
the undersigned are parties to that certain Amended and Restated Shareholders Agreement, dated as of August 7, 2007 (as amended from time to time, the
"Shareholders Agreement"); 

        WHEREAS,
Section 3.01(b) of the Shareholders Agreement (the "GICo Lock-up
Provision") provides that prior to December 30, 2009 (the "Outside Date") GE shall not, without the prior written consent
of GICo, Transfer any Common Shares if such Transfer would cause GE to own less than 26,745,000 common shares ("Common Shares") of Genpact Limited (the
"Company"); and 

        WHEREAS,
the parties hereto desire to amend the Shareholders Agreement to provide that the GICo Lock-up Provision shall expire on March 20, 2009 (the
"Revised Outside Date") and (ii) terminate any and all rights that GE may have under the Shareholders Agreement to (A) designate persons
for nomination as Directors and (B) require that the Company invite any Observer identified by GE to any regular meetings of the Board (or any committees thereof) and provide such Observer with
Board materials. 

        NOW
THEREFORE, in consideration of the foregoing premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows: 

        1.    Defined Terms.    Capitalized terms not otherwise defined in this Amendment shall have the meaning specified in
the Shareholders Agreement. 

        2.    Amendment to Effect Revised Outside Date.    The parties hereby (i) amend  Section 3.01(b)(i) of the Shareholders
Agreement to read "If the Transfer is to occur prior to March 20, 2009, GE does not then own, or
such Transfer would cause GE to own, less than 26,745,000 Common Shares", and (ii) agree that from and after the Revised Outside Date (and notwithstanding the provisions of  Section 3.03 of the
Shareholders Agreement), GE's proposed transferees (other than Permitted Transferees) shall not be required to agree in
writing to be bound by the terms of the Shareholder Agreement pursuant to Section 3.03(i) of the Shareholders Agreement. 

        3.    Amendment Relating to Board Appointments and Observer Rights.    

        (a)
Notwithstanding anything to the contrary set forth in the Shareholders Agreement (including, without limitation, Sections 2.01(a), 2.01(b), 2.01(d), 2.01(e),
2.01(f), 2.01(g), 2.01(h), 2.01(j) and 2.02 thereof), and irrespective of any changes in the Ownership Percentage of GE
hereafter, from and after the date hereof, (i) GE shall have no right under the Shareholders Agreement to designate any persons for nomination by the Nominating Committee as Directors, or to
fill any vacancies in the Board arising from the resignation, removal or incapacity of any Directors previously so designated by GE, (ii) none of the other Shareholders shall have any
obligation to vote for the election of, or to refrain from voting for the removal of, any persons designated by GE for nomination as Directors, and (iii) GE shall deliver to the Company, within
three business days of the date of this Amendment, letters of resignation from each of the Directors of the Board previously designated by GE and the Company and the Board shall be deemed to have
accepted such resignations, and each such person shall cease to be, and shall no longer serve as, a Director. 

 

        (b)
From and after the date hereof, Section 2.01(i) of the Shareholders Agreement is deleted in its entirety and replaced with
"[Reserved]". 

        4.    Representation and Warranty.    GECIM and GECM represent and warrant that, as of the date hereof, they are the
legal owners, collectively, of 39,947,364 Common Shares. 

        5.    Effect of this Amendment; Modification.    Except as modified hereby, the Shareholders Agreement shall remain
unmodified and in full force and effect. 

        6.    Entire Agreement.    The Shareholders Agreement and this Amendment contain the entire agreement among the
parties with respect to the subject matter hereof and supersede all prior arrangements or understandings respect hereto. 

        7.    Counterparts.    This Amendment may be executed in any number of counterparts, and each such counterpart hereof
shall be deemed to be an original instrument, but all such counterparts together shall constitute but one agreement. 

        8.    Governing Law.    This Amendment shall be governed by and construed in accordance with the laws of the State of
New York, without giving effect to principles governing conflicts of laws thereof. 

[signatures pages follow] 

2

 

        IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their respective duly authorized representatives as of the day and year first above written. 

	 	 	GENPACT LIMITED
	

 	
 	

By:	

/s/  VICTOR GUAGLIANONE      
 Name: Victor Guaglianone

Title: SVP & General Counsel

	 	 	GENPACT INVESTMENT CO (LUX) SICAR S.A.R.L.
	

 	
 	

By:	

/s/  JOHN MONSKY      
 Name: John Monsky

Title: Director
	

 	
 	

By:	

/s/  CHRIS LANNING      
 Name: Chris Lanning

Title: Director

	 	 	GE CAPITAL INTERNATIONAL (MAURITIUS)
	

 	
 	

By:	

/s/  LAWRENCE ZLATKIN      
 Name: Lawrence Zlatkin

Title: Director

	 	 	GE CAPITAL (MAURITIUS) HOLDINGS LTD.
	

 	
 	

By:	

/s/  LAWRENCE ZLATKIN      
 Name: Lawrence Zlatkin

Title: Director

3

QuickLinks

Exhibit 10.25

AMENDMENT No. 1 TO AMENDED AND RESTATED SHAREHOLDERS AGREEMENT

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}]]