UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
GENPACT LIMITED
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Shares, par value $0.01 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
G3922B107
------------------------
(CUSIP Number)
December 31, 2009
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1
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CUSIP No. G3922B107 13G Page 2
- -------------------------------------------- -----------------------------------------
- -------------- --------------------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
GE Capital (Mauritius) Holdings Ltd.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------- --------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Mauritius
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
39,928,342 (1)
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
39,947,364 (1)
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
39,928,342 (1)
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
See Item 8 [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.5% (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
- -------------- --------------------------------------------------------------------------------------------------------------------
(1) See Items 4 and 8 of this Schedule 13G (Amendment No. 2).
Page 2
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CUSIP No. G3922B107 13G Page 3
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- -------------- --------------------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
GE Capital International (Mauritius)
- -------------- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------- --------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Mauritius
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
19,022 (1)
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
39,947,364 (1)
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
19,022 (1)
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
See Item 8
[X]
- -------------- --------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.5% (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
- -------------- --------------------------------------------------------------------------------------------------------------------
(1) See Items 4 and 8 of this Schedule 13G (Amendment No. 2).
Page 3
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CUSIP No. G3922B107 13G Page 4
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1 NAMES OF REPORTING PERSONS
GE Indian Services Holding Private Limited
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------- --------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
India
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
39,947,364 (1)
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
See Item 8 [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.5%(1)
- -------------- --------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
- -------------- --------------------------------------------------------------------------------------------------------------------
(1) See Items 4 and 8 of this Schedule 13G (Amendment No. 2).
Page 4
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CUSIP No. G3922B107 13G Page 5
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- -------------- --------------------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
GE India Ventures LLC
- -------------- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------- --------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
39,947,364 (1)
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
See Item 8 [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.5% (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
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(1) See Items 4 and 8 of this Schedule 13G (Amendment No. 2).
Page 5
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CUSIP No. G3922B107 13G Page 6
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1 NAMES OF REPORTING PERSONS
General Electric Capital Services Indian Investments LLC
- -------------- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------- --------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
39,947,364 (1)
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
See Item 8 [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.5% (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
- -------------- --------------------------------------------------------------------------------------------------------------------
(1) See Items 4 and 8 of this Schedule 13G (Amendment No. 2).
Page 6
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CUSIP No. G3922B107 13G Page 7
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1 NAMES OF REPORTING PERSONS
General Electric Capital Corporation
- -------------- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------- --------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
39,947,364 (1)
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
See Item 8 [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.5% (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
- -------------- --------------------------------------------------------------------------------------------------------------------
(1) See Items 4 and 8 of this Schedule 13G (Amendment No. 2).
Page 7
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CUSIP No. G3922B107 13G Page 8
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- -------------- --------------------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
General Electric Capital Services, Inc.
- -------------- --------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------- --------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
39,947,364 (1)
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
See Item 8 [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.5% (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
- -------------- --------------------------------------------------------------------------------------------------------------------
(1) See Items 4 and 8 of this Schedule 13G (Amendment No. 2).
Page 8
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CUSIP No. G3922B107 13G Page 9
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
General Electric Company
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------- --------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
39,947,364 (1)
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
- ---------------------------- ----------- ------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
39,947,364 (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
See Item 8 [X]
- -------------- --------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.5% (1)
- -------------- --------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
- -------------- --------------------------------------------------------------------------------------------------------------------
(1) See Items 4 and 8 of this Schedule 13G (Amendment No. 2).
Page 9
Item 1(a). Name of Issuer:
Genpact Limited (the "Issuer")
Item 1(b). Address of Issuer's Principal Executive Offices:
Canon's Court, 22 Victoria Street, Hamilton HM, Bermuda
Item 2(a). Name of Person Filing:
This statement is being filed by each of:
GE Capital (Mauritius) Holdings Ltd. ("Holdings")
GE Capital International (Mauritius) ("International")
GE Indian Services Holding Private Limited ("Indian Holding")
GE India Ventures LLC ("India Ventures")
General Electric Capital Services Indian Investments LLC
("Indian Investments")
General Electric Capital Corporation ("GECC")
General Electric Capital Services, Inc. ("GECS")
General Electric Company ("GE")
International is a subsidiary of Indian Holding, which is a subsidiary
of India Ventures, which is a subsidiary of Indian Investments, which is a
subsidiary of GECC, which is a subsidiary of GECS, which is a subsidiary of GE.
Holdings is owned by GECC and International.
Holdings, International, Indian Holding, India Ventures, Indian
Investments, GECC, GECS and GE are referred to herein collectively as the
"Reporting Persons".
An agreement among the Reporting Persons that this statement be filed
on behalf of each of them is attached hereto as Exhibit 1.
Item 2(b). Address of Principal Business Office or, if none, Residence:
The principal business offices of Holdings, International and India
Ventures are located at Les Cascades Building, Edith Cavell Street Port Louis,
Mauritius. The principal business offices of Indian Holding are located at
AIFACS Building, 1 Rafe Marg, New Delhi, 110001 India. The principal business
office of Indian Investments are located at 800 Long Ridge Road, Stamford, CT
06927. The principal business offices of GECC and GECS are located at 901 Main
Avenue, Norwalk, CT 06851 with executive offices at 3135 Easton Turnpike,
Fairfield, CT, 06828. The principal business office of GE is located at 3135
Easton Turnpike, Fairfield, CT 06828.
Item 2(c). Citizenship:
Each of Holdings, International and India Ventures is a Mauritius
company. Indian Holding is an Indian company. Indian Investments is a Delaware
limited liability company. Each of GECC and GECS is a Delaware corporation. GE
is a New York corporation.
Item 2(d). Title and Class of Securities:
Common Shares, par value $0.01 per share (the "Common Shares")
Item 2(e). CUSIP Number:
G3922B107
Page 10
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or
(c), Check Whether the Person Filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the Act
(c) [ ] Insurance company as defined in Section 3(a)(19) of the Act
(d) [ ] Investment company registered under Section 8 of the
Investment Company Act of 1940
(e) [ ] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E)
(f) [ ] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F)
(g) [ ] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G)
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act
(i) [ ] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940
(j) [ ] A non-U.S. institution in accordance with Rule
13d-1(b)(1)(ii)(J)
(k) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(K)
If filing as a non-U.S. institution in accordance with Rule
13d-1(b)(1)(ii)(J), please specify the type of institution:
Item 4. Ownership.
(a)-(c) The responses of the Reporting Persons to Rows 5, 6, 7, 8, 9
and 11 in each of their respective cover pages to this Schedule 13G are
incorporated herein by reference.
As of December 31, 2009 and February 15, 2010, Holdings and
International were the direct beneficial owners of 39,928,342 and 19,022 Common
Shares of the Issuer, respectively. GE and the other Reporting Persons,
indirectly through subsidiaries, may be deemed to have beneficial ownership of
these shares. Nothing in this Schedule 13G shall be deemed to constitute an
admission by any Reporting Person that it is the beneficial owner of any of the
Common Shares of the Issuer, other than the Common Shares held directly or
indirectly by such Reporting Person, for purposes of Section 13(d) of the
Securities Exchange Act of 1934, as amended, or for any other purpose, and such
beneficial ownership is expressly disclaimed. Each Reporting Person expressly
disclaims (i) the existence of any group, and (ii) beneficial ownership with
respect to any Common Shares other than the Common Shares held directly by such
Reporting Person. Based on 216,145,901 Common Shares outstanding (according to
the Quarterly Report on Form 10-Q of the Issuer filed on November 9, 2009), the
39,947,364 Common Shares directly held by Holdings and International represent
approximately 18.5% of the outstanding Common Shares.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the Reporting Persons have ceased to be the beneficial owners of more
than five percent of the Common Shares, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Page 11
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company or Control
Person.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
See Item 4.
Shareholders Agreement
The Issuer, Holdings and International (the "GE Shareholders"), and
certain affiliates of General Atlantic, Oak Hill and Wells Fargo (together with
the GE Shareholders, the "Shareholders") are party to an amended and restated
shareholders agreement, as amended, relating to the Common Shares the
Shareholders hold in the Issuer. Pursuant to this agreement, Genpact Investment
Co. (Bermuda) Limited (f/k/a Genpact Investment Co. (Lux) SICAR S.a.r.l.)
("GICo"), the investment vehicle owned by General Atlantic and Oak Hill, is
entitled to nominate four persons to the Issuer's board of directors. The
Shareholders agreed to vote their shares to elect such persons. The number of
directors that GICo is entitled to appoint is reduced if its ownership in the
Issuer declines below certain levels and such right ceases if such ownership is
below 10% of the Issuer's outstanding Common Shares.
In addition, each of the Shareholders is subject to certain
restrictions on the transfer of their Common Shares. GICo, General Atlantic and
Oak Hill have agreed not to transfer their shares if such transfer would result
in a change of control (as defined in the agreement) unless certain conditions
are met which require that all outstanding Common Shares owned by the
Shareholders are sold for cash or certain types of marketable securities (or
both), provided that a limited number may be exchanged for equity of, or remain
outstanding in, the surviving person in certain circumstances. In the event of
certain transfers by GICo, each of GE Shareholders and Wells Fargo has certain
co-sale rights which permit them to sell shares to such transferee on the same
terms and conditions.
The GE Shareholders granted GICo certain rights of first refusal in the
event they desire to transfer shares other than to an affiliate or in a
registered offering or a sale pursuant to Rule 144.
The agreement grants the Shareholders certain rights to require the
Issuer to register for public resale under the Securities Act all Common Shares
that they request be registered. In addition, the agreement grants the
Shareholders piggyback rights on any registration for the Issuer's account or
the account of another Shareholder. These rights are subject to certain
limitations, including customary cutbacks and other restrictions. In connection
Page 12
with registrations described above, the Issuer will indemnify any selling
shareholders and will bear all fees, costs and expenses, except underwriting
discounts and selling commissions.
The Agreement also provides certain information rights to the
Shareholders and regulates the parties' conduct concerning corporate
opportunities.
The foregoing description is not complete and is qualified in its
entirety to the amended and restated shareholders agreement and the amendments
thereto, incorporated by reference as Exhibits 2.1, 2.2 and 2.3 to this Schedule
13G and incorporated herein by reference.
Beneficial Ownership
An aggregate of 160,615,838 Common Shares are subject to the
shareholders agreement, of which 39,947,364 Common Shares are held directly by
the GE Shareholders and 120,668,474 Common Shares are held by the other
shareholders party to the shareholders agreement. Nothing in this Schedule 13G
shall be deemed to constitute an admission by any Reporting Person that it is
the beneficial owner of any of the Common Shares of the Issuer covered by the
shareholders agreement, other than the Common Shares held directly or indirectly
by such Reporting Person, for purposes of Section 13(d) of the Securities
Exchange Act of 1934, as amended, or for any other purpose, and such beneficial
ownership is expressly disclaimed. Each Reporting Person expressly disclaims (i)
the existence of any group, and (ii) beneficial ownership with respect to any
Common Shares other than the Common Shares held directly by such Reporting
Person. Based on 216,145,901 Common Shares outstanding (according to the
Quarterly Report on Form 10-Q of the Issuer filed on November 9, 2009), the
160,615,838 Common Shares subject to the shareholders agreement represent
approximately 74.3% of the outstanding Common Shares.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certifications.
(a)-(c) Not applicable.
Page 13
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 16, 2010
GE CAPITAL (MAURITIUS) HOLDINGS LTD.
By: /s/ P. Jonas Svedlund
---------------------------------------
Name: P. Jonas Svedlund
Title: Attorney-in-fact
GE CAPITAL INTERNATIONAL (MAURITIUS)
By: /d/ P. Jonas Svedlund
---------------------------------------
Name: P. Jonas Svedlund
Title: Attorney-in-fact
GE INDIAN SERVICES HOLDING PRIVATE LIMITED
By: /s/ P. Jonas Svedlund
---------------------------------------
Name: P. Jonas Svedlund
Title: Attorney-in-fact
GE INDIA VENTURES LLC
By: /s/ P. Jonas Svedlund
---------------------------------------
Name: P. Jonas Svedlund
Title: Attorney-in-fact
GENERAL ELECTRIC CAPITAL SERVICES INDIAN
INVESTMENTS LLC
By: /s/ P. Jonas Svedlund
---------------------------------------
Name: P. Jonas Svedlund
Title: Attorney-in-fact
Page 14
GENERAL ELECTRIC CAPITAL CORPORATION
By: /s/ Barbara A. Lane
---------------------------------------
Name: Barbara A. Lane
Title: Attorney-in-fact
GENERAL ELECTRIC CAPITAL SERVICES, INC.
By: /s/ Barbara A. Lane
---------------------------------------
Name: Barbara A. Lane
Title: Attorney-in-fact
GENERAL ELECTRIC COMPANY
By: /s/ Barbara A. Lane
---------------------------------------
Name: Barbara A. Lane
Title: Attorney-in-fact
Page 15
EXHIBIT INDEX
Exhibit No. Description
- ----------- -----------
1 Joint Filing Agreement, dated February 16, 2010, among the
Reporting Persons.
2.1 Form of Amended and Restated Shareholders' Agreement by and
among Genpact Limited, Genpact Global Holdings (Bermuda)
Limited, Genpact Global (Bermuda) Limited and the
shareholders listed on the signature pages thereto
(incorporated by reference to Exhibit 10.1 of the
Registration Statement on Form S-1 (Amendment No. 4) filed
by Genpact Limited with the Securities and Exchange
Commission on August 1, 2007)
2.2 Amendment No. 1 to Amended and Restated Shareholders'
Agreement by and among Genpact Limited and the shareholders
listed on the signature pages thereto (incorporated by
reference to Exhibit 10.25 of the Annual Report on Form
10-K for the year ended December 31, 2007, filed by Genpact
Limited with the Securities and Exchange Commission on
March 31, 2008)
2.3 Amendment No. 2 to Amended and Restated Shareholders'
Agreement by and among Genpact Limited and the shareholders
listed on the signature pages thereto (incorporated by
reference to Exhibit 10.1 of the Quarterly Report on Form
10-Q for the quarterly period ended September 30, 2009,
filed by Genpact Limited with the Securities and Exchange
Commission on November 9, 2010)
3 Power of Attorney (GE Capital (Mauritius) Holdings Ltd.)
4 Power of Attorney (GE Capital International (Mauritius))
5 Power of Attorney (GE Indian Services Holding Private
Limited)
6 Power of Attorney (GE India Ventures LLC)
7 Power of Attorney (General Electric Capital Services Indian
Investments LLC)
8 Power of Attorney (General Electric Capital Corporation)
9 Power of Attorney (General Electric Capital Services, Inc.)
10 Power of Attorney (General Electric Company)
Page 16
Exhibit 1
JOINT FILING AGREEMENT
This will confirm the agreement by and among all the undersigned that
the Schedule 13G filed on or about this date and any amendments thereto with
respect to the beneficial ownership by the undersigned of the Common Shares,
$.01 par value per share, of Genpact Limited is being filed on behalf of each of
the undersigned in accordance with Rule 13d-1(k)(1). This agreement may be
executed in two or more counterparts, each of which shall be deemed an original,
but all of which together shall constitute one and the same instrument.
Dated: February 16, 2010
GE CAPITAL (MAURITIUS) HOLDINGS LTD.
By: /s/ P. Jonas Svedlund
---------------------------------------
Name: P. Jonas Svedlund
Title: Attorney-in-fact
GE CAPITAL INTERNATIONAL (MAURITIUS)
By: /d/ P. Jonas Svedlund
---------------------------------------
Name: P. Jonas Svedlund
Title: Attorney-in-fact
GE INDIAN SERVICES HOLDING PRIVATE LIMITED
By: /s/ P. Jonas Svedlund
---------------------------------------
Name: P. Jonas Svedlund
Title: Attorney-in-fact
GE INDIA VENTURES LLC
By: /s/ P. Jonas Svedlund
---------------------------------------
Name: P. Jonas Svedlund
Title: Attorney-in-fact
GENERAL ELECTRIC CAPITAL SERVICES INDIAN
INVESTMENTS LLC
By: /s/ P. Jonas Svedlund
---------------------------------------
Name: P. Jonas Svedlund
Title: Attorney-in-fact
GENERAL ELECTRIC CAPITAL CORPORATION
By: /s/ Barbara A. Lane
---------------------------------------
Name: Barbara A. Lane
Title: Attorney-in-fact
GENERAL ELECTRIC CAPITAL SERVICES, INC.
By: /s/ Barbara A. Lane
---------------------------------------
Name: Barbara A. Lane
Title: Attorney-in-fact
GENERAL ELECTRIC COMPANY
By: /s/ Barbara A. Lane
---------------------------------------
Name: Barbara A. Lane
Title: Attorney-in-fact
Exhibit 3
---------
POWER OF ATTORNEY
The undersigned, GE Capital (Mauritius) Holdings Ltd. (hereinafter
referred to as the "Corporation") does hereby make, constitute and appoint the
persons listed below as the Corporation's true and lawful agent and
attorney-in-fact (hereinafter referred to as the "Attorney") to act either
together or alone in the name and on behalf of the Corporation for and with
respect to the matters hereinafter described.
Names of Attorneys:
Sherwood P. Dodge
Barbara Gould
Frank J. Ertl
Bryant B. Cohen
P. Jonas Svedlund
Each Attorney shall have the power and authority to do the
following:
To execute and deliver any Schedule 13D, Schedule 13G and Forms 3, 4
and 5 and any amendments thereto required to be filed with the Securities and
Exchange Commission under the Securities Exchange Act of 1934 on behalf of
the Corporation with regard to the securities of Genpact Limited owned
by the Corporation or its subsidiaries.
And, in connection with the foregoing, to execute and deliver all
documents, acknowledgments, consents and other agreements and to take such
further action as may be necessary or convenient for the Corporation in order to
more effectively carry out the intent and purpose of the foregoing.
Agreements, commitments, documents, instruments and other writings
executed by the Attorneys in accordance with the terms hereof shall be binding
upon the Corporation without attestation and without affixation of the seal of
the Corporation. The Power of Attorney conferred hereby shall not be delegable
by any Attorney. Each Attorney shall serve without compensation for acting in
the capacity of agent and attorney-in-fact hereunder.
Unless sooner revoked by the Corporation, the authority of the
Attorney hereunder shall terminate on March 31, 2011.
IN WITNESS WHEREOF, the Corporation has caused this Power of Attorney to be
executed pursuant to authority granted by the Corporation's board of directors,
as of the 12th day of February 2010.
GE Capital (Mauritius) Holdings Ltd.
By: /s/ Noufail Manjoo
------------------------------
Name: Noufail Manjoo
Title: Director
Attest:
/s/ Ashraf Ramtoola
- ------------------------------
Ashraf Ramtoola
Authorized Signatory
Exhibit 4
---------
POWER OF ATTORNEY
The undersigned, GE Capital International (Mauritius) (hereinafter
referred to as the "Corporation") does hereby make, constitute and appoint the
persons listed below as the Corporation's true and lawful agent and
attorney-in-fact (hereinafter referred to as the "Attorney") to act either
together or alone in the name and on behalf of the Corporation for and with
respect to the matters hereinafter described.
Names of Attorneys:
Sherwood P. Dodge
Barbara Gould
Frank J. Ertl
Bryant B. Cohen
P. Jonas Svedlund
Each Attorney shall have the power and authority to do the
following:
To execute and deliver any Schedule 13D, Schedule 13G and Forms 3, 4
and 5 and any amendments thereto required to be filed with the Securities and
Exchange Commission under the Securities Exchange Act of 1934 on behalf of
the Corporation with regard to the securities of Genpact Limited owned
by the Corporation or its subsidiaries
And, in connection with the foregoing, to execute and deliver all
documents, acknowledgments, consents and other agreements and to take such
further action as may be necessary or convenient for the Corporation in order to
more effectively carry out the intent and purpose of the foregoing.
Agreements, commitments, documents, instruments and other writings
executed by the Attorneys in accordance with the terms hereof shall be binding
upon the Corporation without attestation and without affixation of the seal of
the Corporation. The Power of Attorney conferred hereby shall not be delegable
by any Attorney. Each Attorney shall serve without compensation for acting in
the capacity of agent and attorney-in-fact hereunder.
Unless sooner revoked by the Corporation, the authority of the
Attorney hereunder shall terminate on March 31, 2011.
IN WITNESS WHEREOF, the Corporation has caused this Power of Attorney to be
executed pursuant to authority granted by the Corporation's board of directors,
as of the 12th day of February 2010.
GE Capital International (Mauritius)
By: /s/ Luchmee Arunachalam
------------------------------
Name: Luchmee Arunachalam
Title: Director
Attest:
/s/ Ashraf Ramtoola
- ------------------------------
Ashraf Ramtoola
Authorized Signatory
Exhibit 5
---------
POWER OF ATTORNEY
The undersigned, GE Indian Services Holding Private Limited (hereinafter
referred to as the "Corporation") does hereby make, constitute and appoint the
persons listed below as the Corporation's true and lawful agent and
attorney-in-fact (hereinafter referred to as the "Attorney") to act either
together or alone in the name and on behalf of the Corporation for and with
respect to the matters hereinafter described.
Names of Attorneys:
Sherwood P. Dodge
Barbara Gould
Frank J. Ertl
Bryant B. Cohen
P. Jonas Svedlund
Each Attorney shall have the power and authority to do the following:
To execute and deliver any Schedule 13D, Schedule 13G and Forms 3, 4
and 5 and any amendments thereto required to be filed with the Securities and
Exchange Commission under the Securities Exchange Act of 1934 on behalf of
the Corporation with regard to the securities of Genpact Limited owned
by the Corporation or its subsidiaries
And, in connection with the foregoing, to execute and deliver all
documents, acknowledgments, consents and other agreements and to take such
further action as may be necessary or convenient for the Corporation in order to
more effectively carry out the intent and purpose of the foregoing.
Agreements, commitments, documents, instruments and other writings
executed by the Attorneys in accordance with the terms hereof shall be binding
upon the Corporation without attestation and without affixation of the seal of
the Corporation. The Power of Attorney conferred hereby shall not be delegable
by any Attorney. Each Attorney shall serve without compensation for acting in
the capacity of agent and attorney-in-fact hereunder.
Unless sooner revoked by the Corporation, the authority of the Attorney
hereunder shall terminate on March 31, 2011.
IN WITNESS WHEREOF, the Corporation has caused this Power of Attorney to be
executed pursuant to authority granted by the Corporation's board of directors,
as of the 16th day of February 2010.
GE Indian Services Holding Private Limited
By: /s/ Rupak Saha
--------------------------------------
Name: Rupak Saha
Title: Director
Attest:
/s/ Amit Rana
- ------------------------------------
Amit Rana
Witness
Exhibit 6
---------
POWER OF ATTORNEY
The undersigned, GE INDIA VENTURES LLC (hereinafter referred to as
the "Corporation") does hereby make, constitute and appoint the persons listed
below as the Corporation's true and lawful agent and attorney-in-fact
(hereinafter referred to as the "Attorney") to act either together or alone in
the name and on behalf of the Corporation for and with respect to the matters
hereinafter described.
Names of Attorneys:
Sherwood P. Dodge
Barbara Gould
Frank J. Ertl
Bryant B. Cohen
P. Jonas Svedlund
Each Attorney shall have the power and authority to do the
following:
To execute and deliver any Schedule 13D, Schedule 13G and Forms 3, 4
and 5 and any amendments thereto required to be filed with the Securities and
Exchange Commission under the Securities Exchange Act of 1934 on behalf of
the Corporation with regard to the securities of Genpact Limited owned
by the Corporation or its subsidiaries
And, in connection with the foregoing, to execute and deliver all
documents, acknowledgments, consents and other agreements and to take such
further action as may be necessary or convenient for the Corporation in order to
more effectively carry out the intent and purpose of the foregoing.
Agreements, commitments, documents, instruments and other writings
executed by the Attorneys in accordance with the terms hereof shall be binding
upon the Corporation without attestation and without affixation of the seal of
the Corporation. The Power of Attorney conferred hereby shall not be delegable
by any Attorney. Each Attorney shall serve without compensation for acting in
the capacity of agent and attorney-in-fact hereunder.
Unless sooner revoked by the Corporation, the authority of the
Attorney hereunder shall terminate on March 31, 2011.
IN WITNESS WHEREOF, the Corporation has caused this Power of Attorney to be
executed pursuant to authority granted by the Corporation's board of directors,
as of the 12th day of February 2010.
GE India Ventures LLC
By: /s/ Luchmee Arunachalam
------------------------------
Name: Luchmee Arunachalam
Title: Director
Attest:
/s/ Ashraft Ramtoola
- ------------------------------
Ashraft Ramtoola
Authorized Signatory
Exhibit 7
---------
POWER OF ATTORNEY
The undersigned, General Electric Capital Services Indian
Investments, LLC (hereinafter referred to as the "Company") does hereby make,
constitute and appoint the persons listed below as the Company's true and lawful
agent and attorney-in-fact (hereinafter referred to as the "Attorney") to act
either together or alone in the name and on behalf of the Company for and with
respect to the matters hereinafter described.
Names of Attorneys:
Sherwood P. Dodge
Barbara Gould
Frank J. Ertl
Bryant B. Cohen
P. Jonas Svedlund
Each Attorney shall have the power and authority to do the following:
To execute and deliver any Schedule 13D, Schedule 13G and Forms 3, 4
and 5 and any amendments thereto required to be filed with the Securities and
Exchange Commission under the Securities Exchange Act of 1934 on behalf of
the Company with regard to the securities of Genpact Limited owned by the
Company or its subsidiaries
And, in connection with the foregoing, to execute and deliver all
documents, acknowledgments, consents and other agreements and to take such
further action as may be necessary or convenient for the Company in order to
more effectively carry out the intent and purpose of the foregoing.
Agreements, commitments, documents, instruments and other writings
executed by the Attorneys in accordance with the terms hereof shall be binding
upon the Company without attestation and without affixation of the seal of the
Company. The Power of Attorney conferred hereby shall not be delegable by any
Attorney. Each Attorney shall serve without compensation for acting in the
capacity of agent and attorney-in-fact hereunder.
Unless sooner revoked by the Company, this Power of Attorney shall
be governed under the laws of the State of New York and the authority of the
Attorney hereunder shall terminate on March 31, 2011.
IN WITNESS WHEREOF, the Company has caused this Power of Attorney to be executed
pursuant to authority granted by the Company's operating agreement, as of the
16th day of February, 2010.
GENERAL ELECTRIC CAPITAL CORPORATION as
Managing Member of
General Electric Capital Services Indian
Investments, LLC
By: /s/ Stuart D. Aronson
------------------------------------
Name: Stuart D. Aronson
Title: Vice President
Attest:
/s/ Jonas Svedlund
- -----------------------------
Jonas Svedlund
Attesting Secretary
Exhibit 8
---------
POWER OF ATTORNEY
The undersigned, General Electric Capital Corporation, a Delaware
corporation (hereinafter referred to as the "Corporation") does hereby make,
constitute and appoint the persons listed below as the Corporation's true and
lawful agent and attorney-in-fact (hereinafter referred to as the "Attorney") to
act either together or alone in the name and on behalf of the Corporation for
and with respect to the matters hereinafter described.
Name of Attorney:
Preston H. Abbott Mark Kaplow
Brock Austin Barbara A. Lane
Eileen Brumback Henry Hubschman
Carlos Carrasquillo David L. Lloyd
Barbara Daniele Jonathan Mothner
Sherwood Dodge Michael Pastore
Frank Ertl Ronald Pressman
Barbara J. Gould James C. Ungari
Paul J. Halas Alex Urquhart
Daniel Henson Maryanne Courtney
Joseph Lincoln
Each Attorney shall have the power and authority to do the following:
To execute and deliver any Schedule 13D, Schedule 13G or Forms 3, 4 and
5 or any amendments thereto required to be filed with the Securities and
Exchange Commission under the Securities Exchange Act of 1934 on behalf of the
Corporation with regard to any securities owned by the Corporation or any of
their subsidiaries.
And, in connection with the foregoing, to execute and deliver all
documents, acknowledgments, consents and other agreements and to take such
further action as may be necessary or convenient for the Corporation in order to
more effectively carry out the intent and purpose of the foregoing.
Agreements, commitments, documents, instruments and other writings
executed by the Attorney in accordance with the terms hereof shall be binding
upon the Corporation without attestation and without affixation of the seal of
the Corporation. The Power of Attorney conferred hereby shall not be delegable
by any Attorney. The Attorney shall serve without compensation for acting in the
capacity of agent and attorney-in-fact hereunder.
Unless revoked by the Corporation, this Power of Attorney shall be
governed under the laws of the State of New York and the authority of the
Attorney hereunder shall terminate on March 31, 2011.
IN WITNESS WHEREOF, the Corporation has caused the Power of Attorney to
be executed, attested and its corporate seal to be affixed pursuant to authority
granted by the Corporation's board of directors, as the 5th day of February
2010.
General Electric Capital Corporation
(Corporate Seal)
By: /s/ Craig T. Beazer
--------------------------------------
Craig T. Beazer
Vice President, General Counsel and
Secretary
Attest:
/s/ David P. Russell
- -------------------------
Attesting Secretary
Exhibit 9
---------
POWER OF ATTORNEY
The undersigned, General Electric Capital Services, Inc., a Delaware
corporation (hereinafter referred to as the "Corporation") does hereby make,
constitute and appoint the persons listed below as the Corporation's true and
lawful agent and attorney-in-fact (hereinafter referred to as the "Attorney") to
act either together or alone in the name and on behalf of the Corporation for
and with respect to the matters hereinafter described.
Name of Attorney:
Preston H. Abbott Mark Kaplow
Brock Austin Barbara A. Lane
Eileen Brumback Henry Hubschman
Carlos Carrasquillo David L. Lloyd
Barbara Daniele Jonathan Mothner
Sherwood Dodge Michael Pastore
Frank Ertl Ronald Pressman
Barbara J. Gould James C. Ungari
Paul J. Halas Alex Urquhart
Daniel Henson Maryanne Courtney
Joseph Lincoln
Each Attorney shall have the power and authority to do the following:
To execute and deliver any Schedule 13D, Schedule 13G or Forms 3, 4 and
5 or any amendments thereto required to be filed with the Securities and
Exchange Commission under the Securities Exchange Act of 1934 on behalf of the
Corporation with regard to any securities owned by the Corporation or any of
their subsidiaries.
And, in connection with the foregoing, to execute and deliver all
documents, acknowledgments, consents and other agreements and to take such
further action as may be necessary or convenient for the Corporation in order to
more effectively carry out the intent and purpose of the foregoing.
Agreements, commitments, documents, instruments and other writings
executed by the Attorney in accordance with the terms hereof shall be binding
upon the Corporation without attestation and without affixation of the seal of
the Corporation. The Power of Attorney conferred hereby shall not be delegable
by any Attorney. The Attorney shall serve without compensation for acting in the
capacity of agent and attorney-in-fact hereunder.
Unless revoked by the Corporation, this Power of Attorney shall be
governed under the laws of the State of New York and the authority of the
Attorney hereunder shall terminate on March 31, 2011.
IN WITNESS WHEREOF, the Corporation has caused the Power of Attorney to
be executed, attested and its corporate seal to be affixed pursuant to authority
granted by the Corporation's board of directors, as the 5th day of February
2010.
General Electric Capital Services, Inc.
(Corporate Seal)
By: /s/ Craig T. Beazer
------------------------------------
Craig T. Beazer
Vice President, General Counsel and
Secretary
Attest:
/s/ David P. Russell
- -----------------------------
Attesting Secretary
Exhibit 10
----------
POWER OF ATTORNEY
The undersigned, General Electric Company, a New York corporation
(hereinafter referred to as the "Corporation") does hereby make, constitute and
appoint the persons listed below as the Corporation's true and lawful agent and
attorney-in-fact (hereinafter referred to as the "Attorney") to act either
together or alone in the name and on behalf of the Corporation for and with
respect to the matters hereinafter described.
Name of Attorney:
Preston H. Abbott Mark Kaplow
Brock Austin Barbara A. Lane
Eileen Brumback Henry Hubschman
Carlos Carrasquillo David L. Lloyd
Barbara Daniele Jonathan Mothner
Laura E.B. Dawson Keith W. Newman
Sherwood Dodge Michael Pastore
Frank Ertl Ronald Pressman
Barbara J. Gould James C. Ungari
Paul J. Halas Alex Urquhart
Daniel Henson Maryanne Courtney
Joseph Lincoln
Each Attorney shall have the power and authority to do the following:
To execute and deliver any Schedule 13D, Schedule 13G or Forms 3, 4 and
5 or any amendments thereto required to be filed with the Securities and
Exchange Commission under the Securities Exchange Act of 1934 on behalf of the
Corporation with regard to any securities owned by the Corporation or any of its
subsidiaries.
And, in connection with the foregoing, to execute and deliver all
documents, acknowledgments, consents and other agreements and to take such
further action as may be necessary or convenient for the Corporation in order to
more effectively carry out the intent and purpose of the foregoing.
Agreements, commitments, documents, instruments and other writings
executed by the Attorney in accordance with the terms hereof shall be binding
upon the Corporation without attestation and without affixation of the seal of
the Corporation. The Power of Attorney conferred hereby shall not be delegable
by any Attorney. The Attorney shall serve without compensation for acting in the
capacity of agent and attorney-in-fact hereunder.
Unless revoked by the Corporation, this Power of Attorney shall be
governed under the laws of the State of New York and the authority of the
Attorney hereunder shall terminate on March 31, 2011.
IN WITNESS WHEREOF, the Corporation has caused the Power of Attorney to
be executed, attested and its corporate seal to be affixed pursuant to authority
granted by the Corporation's board of directors, as the 13th day of January
2010.
General Electric Company
(Corporate Seal)
By: /s/ Michael McAlevey
------------------------------
Michael McAlevey
Vice President
Attest:
/s/ Eliza W. Fraser
- ---------------------------------
Eliza W. Fraser
Attesting Secretary
2