Notice of Extension of Framework Agreement between Centrica plc and EXL Service Holdings, Inc. and exl Service.com (India) Private Limited
Centrica plc and EXL Service Holdings, Inc., along with exl Service.com (India) Private Limited, have agreed to extend their existing Framework Agreement for an additional 12 months starting January 25, 2009. This extension continues the terms of the original agreement and related contracts unless otherwise specified in writing. The extension ensures ongoing service provision under the same conditions, unless both parties agree to changes. Both parties have signed to confirm their acceptance of this extension period.
Exhibit 10.1
Confidential between Centrica Plc & EXL Services
 | ||
| Centrica plc Millstream West Maidenhead Road Windsor Berkshire SL4 5GD | ||
| Date: 11 July 2008 | www.centrica.com | |
To: Vikram Talwar
Exl Service Holdings, Inc., a Delaware corporation with its principal office at 350 Park Avenue, 10th Floor, New York, NY 10022, USA (“EXL US”); and
exl Service.com (India) Private Limited, an Indian private limited company with its principal office at 48 Sector 58, Noida, UP 201 301, India (“EXL India”)
Dear Vikram,
Notice of First Extension Period for the provision of services between us dated 25th July 2005 reference CEN/2005/9464/BU (the “Framework Agreement”; capitalized terms used but not defined herein shall have the meaning ascribed to them in the Framework Agreement) together with a series of Work Contracts, Amendments and Contract Change Notices.
Further to our recent discussions, Client wishes to exercise clause 3.1.1 to extend the Framework Agreement for a further period of 12 months from 25th January 2009, the date of expiry of the Minimum Term.
For the avoidance of doubt, extension of the Framework Agreement pursuant to clauses 3.1.1 shall extend the term of any Work Contract unless Client advises otherwise in writing in relation to any Work Contract or otherwise stated within individual Work Contracts or Change Notices
The terms and conditions in the Framework Agreement, Amendments, subsequent Work Contracts and Change Notices still apply in respect of the First Extension Period unless otherwise agreed to by the parties.
May I take this opportunity, to wish both our organisations a successful year ahead and continue to evolve our operations.
| Centrica plc |
| Registered in England & Wales No ###-###-#### |
| Registered Office |
| Millstream Maidenhead Road |
| Windsor, Berkshire SL4 5GD |
1
Confidential between Centrica Plc & EXL Services
Please sign, date and return one copy of this letter by way of agreement to the First Extension Period.
Yours sincerely
| /S/ HV Rodgers |
| Heather Rodgers, |
Head of Group Procurement & Supplier Management, Centrica PLC
July 11, 2008
In Witness of Divyesh Lad, British Gas Commercial
We hereby confirm our agreement to the arrangements set out in this letter
| /S/ Rohit Kapoor |
| ROHIT KAPOOR, CEO |
For and on behalf of EXLService Holdings, Inc.
Date: July 11th, 2008
| /S/ Pavan Bagai |
| Pavan Bagai, Chief Operating Officer |
For and on behalf of exl Service.com (India) Private Limited
Date: July 11 2008
