Item 3.03. Material Modification to Rights of Security Holders.

At the close of business on March 5, 2013, the shareholder rights plan, and the rights issued thereunder, of Cognizant Technology Solutions Corporation (the "Company") expired in accordance with the terms of the plan.

The Rights Agreement between the Company and American Stock Transfer & Trust Company, as rights agent, dated March 5, 2003 (the "Rights Agreement"), and the rights issued thereunder to purchase, under certain circumstances, one one-thousandth of a share, as adjusted, of the Company's Series A Junior Participating Preferred Stock (the "Rights"), expired by their terms at the close of business on March 5, 2013. The shares of the Company's Class A common stock are no longer accompanied by the Rights, and the Rights Agreement is of no further force or effect. The terms of the Rights Agreement and the Rights are further described in the Company's registration statement on Form 8-A filed with the Securities and Exchange Commission on March 6, 2003 (the "Form 8-A"). The foregoing description of the terms of the Rights Agreement and the Rights issued thereunder is qualified in its entirety by reference to the full text of the Rights Agreement, which is included as Exhibit 4.1 to the Form 8-A and incorporated herein by reference.

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