GENPACT LIMITED (NYSE:G) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 25, 2018, the Company and Mr.Thukral entered into aletter agreement, effective May 1, 2018 (the “Letter Agreement”), in connection with Mr. Thukral’s separation from the Company. TheLetter Agreement provides for the payment of certain severance benefits to Mr.Thukral, including a lump sum cash payment of 32,478,600 Indian rupees (approximately $484,837 as of April 25, 2018) to be paid on May 15, 2018. The Letter Agreement also includes customary nondisclosure, nondisparagement, nonsolicitation and noncompetition provisions and a mutual general release of claims by the Company and Mr. Thukral.
About GENPACT LIMITED (NYSE:G)
Genpact Limited (Genpact) is engaged in providing digitally-powered business process management and services. The Company designs, transforms and runs a combination of processes, as well as provides solutions that combine elements of several of its service offerings. The Company offers various vertical activities, which include banking and financial services, insurance services, capital markets, consumer product goods services, life sciences and pharmaceutical services, infrastructure and manufacturing services, healthcare and high tech services. In addition to these vertical activities, it also offers finance and accounting (F&A) services, analytics and research, business consulting services, enterprise risk consulting, supply chain and procurement services, enterprise application services, information technology (IT) management services, and collections and customer services. The Company offers solutions, including Smart Enterprise Processes (SEP) and Genpact Digital.
