Amendment to the Jack Henry & Associates, Inc. 1996 Stock Option Plan (June 29, 2005)

Summary

Jack Henry & Associates, Inc. amended its 1996 Stock Option Plan on June 29, 2005. The amendment allows the Board or Committee to extend the term or accelerate the vesting of stock options in the event of an option holder's death, disability, termination of employment, or other circumstances as deemed appropriate. All other terms of the original plan remain unchanged. The amendment was approved by the company's Board of Directors and signed by the corporate secretary.

EX-10.1 2 exh10-1.txt AMENDMENT TO STOCK OPTION PLAN EXHIBIT 10.1 AMENDMENT TO THE JACK HENRY & ASSOCIATES, INC. 1996 STOCK OPTION PLAN On this 29th day of June, 2005, the Board of Directors of Jack Henry & Associates, Inc. adopted the following resolution to amend the 1996 Stock Option Plan: RESOLVED, that Section 5(h) of the Jack Henry & Associates, Inc. 1996 Stock Option Plan be amended as follows (amended portion underlined): 5 (h) Change in Option Terms. Notwithstanding the terms of this Plan or of individual option agreements granted hereunder, the Board or Committee may, in its discretion, upon the death, disability or termination of employment of the option holder, or in such other circumstances as the Board or Committee may deem appropriate in its sole discretion, extend the term of the option or accelerate vesting thereof. The effective date of this amendment is June 29, 2005. In all other respects, the Jack Henry & Associates, Inc. 1996 Stock Option Plan remains unchanged. /s/ Janet E. Gray ------------------------ Janet E. Gray, Secretary