EMPLOYMENT AGREEMENTEmployment Agreement • February 28th, 2013 • Syntel Inc • Services-computer programming services • Michigan
THIS AGREEMENT (“Agreement”) is made as of September 3, 2012 by and between Syntel INC, 525 E. Big Beaver, Suite 300, Troy, MI 48083 (“SYNTEL”) and Nitin Rakesh (“EMPLOYEE”). In consideration of the mutual promises and covenants herein contained, SYNTEL and EMPLOYEE agree as follows:
THE SHARES ISSUABLE UPON LAPSE OF THE RESTRICTION PERIOD WILL NOT BE RELEASED TO YOU UNTIL ALL APPLICABLE WITHHOLDING TAXES HAVE BEEN COLLECTED FROM YOU OR HAVE OTHERWISE BEEN PROVIDED FOR RESTRICTED STOCK UNIT GRANT AGREEMENT UNDER THE SYNTEL, INC....Stock Option and Incentive Plan • February 28th, 2013 • Syntel Inc • Services-computer programming services • Michigan
THIS RESTRICTED STOCK UNIT GRANT AGREEMENT made this day of , 20 by and between Syntel, Inc., a Michigan corporation (“the Corporation”), and (the “Grantee”).
