EX-10.1 2 exhibit101080620218k.htm EX-10.1 Document
SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
This Second Amendment to Employment Agreement (“Amendment”) is entered into as of August 6, 2021 (the “Effective Date”), by and between Deluxe Corporation, a Minnesota corporation, (the “Company”), and Barry C. McCarthy, an individual (“Executive”).
WHEREAS, the Company and Executive entered into an Employment Agreement effective October 14, 2018, as amended on March 25, 2020 (collectively, the “Agreement”);
WHEREAS, the Company and Executive would like to further amend the Agreement, as set forth herein; and
WHEREAS, this Amendment shall further amend the Agreement.
NOW, THEREFORE, as of the Effective Date, the Agreement is hereby further amended as follows:
1.Section 3(c) of the Agreement is hereby deleted in its entirety.
2.Section 4(h) of the Agreement is deleted in its entirety.
3.The Agreement remains unchanged except as set forth in this Amendment.
IN WITNESS WHEREOF, the undersigned have executed this Second Amendment to Employment Agreement as of the date set forth above.
|/s/ Jeffrey L. Cotter||/s/ Barry C. McCarthy|
|By: Jeffrey L. Cotter||Barry C. McCarthy|
|Its: Chief Administrative Officer|