SEC Contract Filing

Filing Date: 2016-02-08

Document Content:
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<TYPE>EX-10.4
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<FILENAME>a15-24917_1ex10d4.htm
<DESCRIPTION>EX-10.4
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 10.4</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">PORTIONS OF THIS EXHIBIT&nbsp;WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 24B-2 OF THE SECURITIES EXCHANGE ACT; [***] DENOTES OMISSIONS</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Amendment #1 To Polaris Master Professional Services Agreement</font></b></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">and Termination of Virtusa Master Professional Services Agreement</font></b></p>
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<p style="margin:0in 0in .0001pt;text-indent:.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Whereas, Polaris Consulting&nbsp;&amp; Services Ltd (&#147;Polaris&#148;) has entered into a Master Professional Services Agreement, dated July&nbsp;1, 2015 (the &#147;Agreement&#148;) by and among Polaris and Citigroup Technology,&nbsp;Inc. (&#147;Citi&#148;);</font></p>
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<p style="margin:0in 0in .0001pt;text-indent:.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Whereas, Virtusa Corporation (&#147;Virtusa&#148;) has entered into a Master Professional Services Agreement, dated October&nbsp;1, 2011 (the &#147;Virtusa MSA&#148;) by and among Virtusa and Citi;</font></p>
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<p style="margin:0in 0in .0001pt;text-indent:.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Whereas, Virtusa, through one of its Indian subsidiaries, is acquiring at least 50.1% of the outstanding shares of Polaris (the &#147;Transaction&#148;) pursuant to a certain share purchase agreement (&#147;SPA&#148;), pursuant to which, upon the closing of such Transaction (&#147;Closing&#148;), Polaris will be a majority owned subsidiary of Virtusa;</font></p>
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<p style="margin:0in 0in .0001pt;text-indent:.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Whereas, upon the Closing, the Agreement will be amended&#160; under the terms hereunder (the &#147;Amendment&#148;), and&#160; all outstanding services and related work orders of Virtusa and Polaris being performed or in effect prior to the Closing shall be subject to the terms and conditions of this Amendment and the Agreement.</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:.5in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NOW, THEREFORE</font></b>, in consideration of the foregoing premises and the promises, terms and conditions set forth below and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, subject to a Closing, intending to be legally bound, agree as follows; <u>provided that</u> if there is no Closing, all terms and conditions of this Amendment are null and void and of no force or effect:</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 27.0pt;text-indent:-.25in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1.</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Preferred Vendor Status.&#160; </b>Upon the Closing, Citi shall designate Virtusa and Polaris and, subject only to Citi&#146;s consent right pursuant to Section&nbsp;19 of the Agreement not to be unreasonably withheld, their direct and indirect subsidiaries, (collectively, the &#147;Company&#148;) as a preferred vendor for Global Technology Resource Strategy (&#147;GTRS&#148;) for the provision of IT services to Citi on an enterprise wide basis (&#147;GTRS Preferred Vendor&#148;).&#160; As a GTRS Preferred Vendor, the Company will have the opportunity, from and after January&nbsp;1, 2016, to bid on additional GTRS IT services and engagements, at Citi&#146;s reasonable discretion, including potential supplier consolidation initiatives Citi may conduct in the future.</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 27.0pt;text-indent:-.25in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#1