Amendment No. 3 to Employment Agreement between WNS Global Services Private Limited and R. Swaminathan
This amendment updates the employment agreement between WNS Global Services Private Limited and R. Swaminathan, effective January 16, 2024. The main change is a revised definition of "Business" for the non-competition section, specifying certain competitors. All other terms of the original agreement remain unchanged. Both parties have agreed to these modifications, and the amendment is now part of the existing employment contract.
Exhibit 10.7
THE USE OF THE FOLLOWING NOTATION IN THE EXHIBIT INDICATES THAT THE CONFIDENTIAL PORTION HAS BEEN OMITTED PURSUANT TO ITEM 601(b)(10)(iv) WHEREBY CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED BECAUSE IT IS BOTH NOT MATERIAL AND THE REGISTRANT CUSTOMARILY AND ACTUALLY TREATS SUCH INFORMATION AS PRIVATE OR CONFIDENTIAL: [***]
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Amendment no. 3 to the Employment Agreement dated November 29, 2010, as amended on October 14, 2015 and November 01, 2022 (the Agreement) between WNS Global Services Private Limited (together with its affiliates and their respective successors and assigns, the Company) and R. Swaminathan (the Employee).
Whereas the terms defined in this Agreement shall have the same meaning and reference made in the Agreement;
And Whereas the Company and the Employee now agree to certain changes to the terms of the Agreement as detailed hereunder.
For the purposes of the Section 13.1 of the Agreement titled Non-Competition, the Company and the Employee agree that the definition of Business as defined in section 1.1 (i) of the Agreement shall mean competitors of the Company that shall be the following named entities [***].
All other terms and conditions of the Agreement remain unchanged and shall apply with full effect.
This Amendment is effective January 16, 2024.
Accepted by the Employee | ||||
/s/ Keshav R. Murugesh | /s/ R. Swaminathan | |||
Keshav R. Murugesh | Name : R. Swaminathan | |||
Group CEO, WNS | ||||
Date: 17 January 2024 | 1:39:12 AM PST | Date : 17 January 2024 | 6:01:15 AM PST |
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This communication and the contents of the letter are confidential and you are requested to treat this as such.
WNS Global Services Pvt. Ltd, Plan No: 10, Godrej & Boyce Complex, Pirojshanagar, LBS Marg, Vikhroli (West),
Mumbai 400089 India | Tel: +91 22 4095 2100 | Fax +91 22 2518 8307 | CIN: U72200MH1996PTC100196