Amendment No. 5 to Employment Agreement between Intelligroup, Inc. and Vikram Gulati
This amendment updates the employment agreement between Intelligroup, Inc. and Vikram Gulati, extending the term of employment from four to five years, effective July 1, 2009. All other terms of the original agreement remain unchanged. The amendment is signed by both parties and reflects their mutual consent to this change.
Exhibit 10.1
Amendment No. 5 to
Employment Agreement
This Amendment No. 5 shall modify the terms of the Employment Agreement dated June 30, 2005, as amended, (Agreement) between Intelligroup, Inc. (the Company) and Vikram Gulati (the Executive). This Amendment No. 5 shall be effective as of July 1, 2009 (the Amendment Effective Date). Except as expressly set forth below all other terms and conditions in the Agreement remain in full force and effect.
1. | Section 2. Term of Agreement of the Agreement is hereby amended by replacing four (4) years with five (5) years. |
IN WITNESS WHEREOF, the parties hereto have executed the Amendment No. 5 as of July 21, 2009.
/s/ Vikram Gulati | /s/ Alok Bajpai | |
Executive Vikram Gulati | Intelligroup, Inc. |
Name: | Alok Bajpai |
Title: | CFO, Treasurer and Secretary |