US Payments

EX-10.33 3 p73519exv10w33.htm EX-10.33 exv10w33
 

EXHIBIT 10.33
AMENDMENT NO. 1
TO
RETENTION AGREEMENT
     THIS AMENDMENT NO. 1 (“Amendment No. 1”) to the Retention Agreement referred to herein below, dated as of December 4, 2006, by and between eFunds Corporation, a Delaware corporation (the “Corporation”) and Paul F. Walsh (the “Executive”), recites and provides as follows:
RECITALS
     WHEREAS, Executive entered into a Retention Agreement with the Corporation on November 3, 2004 (such agreement referred to herein as the “Retention Agreement”); and
     WHEREAS, pursuant to this Amendment No. 1 the parties wish to amend the Retention Agreement as provided below;
     NOW, THEREFORE, in consideration of the mutual agreements hereinafter set forth and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the Company and the Recipient agree as follows:
AGREEMENT
     1. Amendment.
          Section 1 of the Retention Agreement is hereby amended to delete the words “third anniversary” appearing therein and to substitute the words “fifth anniversary” therefor.
     2. Definitions. Capitalized terms used and not defined in this Amendment No. 1 shall have the meanings ascribed to such terms in the Retention Agreement.
     3. Continuing Effect of Retention Agreement. Except as expressly provided herein to the contrary, the Retention Agreement shall remain unaffected and shall continue in full force and effect after the date hereof.
     4. References to Retention Agreement. From and after the execution and delivery of this Amendment No. 1, all references to the Retention Agreement in the Retention Agreement or any other document executed or delivered in connection therewith shall be deemed a reference to the Retention Agreement as amended hereby, unless the context expressly requires otherwise.
     5. Counterparts. This Amendment No. 1 may be executed by one or more of the

 


 

parties to this Amendment on any number of separate counterparts (including counterparts delivered by telecopy), and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Any such counterpart delivered by telecopy shall be effective as an original for all purposes.
     6. Governing Law. This Amendment No. 1 shall be governed by and construed in accordance with the laws of the State of Delaware, without reference to principles of conflict of laws.
             
    EFUNDS CORPORATION    
 
           
 
  By:   /s/ Laura DeCespedes    
 
     
 
   
    Name: Laura DeCespedes    
    Title: EVP, Human Resources    
 
           
    PAUL F. WALSH    
 
           
 
  By:   /s/ Paul F. Walsh    
 
           
 
  Name:        
 
  Title:        

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