EXHIBIT 10.2
AMENDMENT NUMBER 2
TO
EMPLOYMENT AGREEMENT
THIS AMENDMENT NUMBER 2 to that certain Employment Agreement dated
November 19, 1996, as amended on October 21, 1999 (the "Agreement"), by and
between Per-Se Technologies, Inc., a Delaware corporation (the "Company"), and
Xxxxx X. XxXxxxxx, a resident of the State of California (the "Employee"), is
made and entered into this 14th day of December 2005.
STATEMENT OF BACKGROUND INFORMATION
Employee is currently serving as a member of the Board of Directors of
the Company (the "Board") and is providing strategic planning, corporate
governance and corporate development services to the Company.
The Company and the Employee desire to amend the Agreement to extend
its term and make such other changes, deletions or additions as the parties may
agree.
Capitalized terms not otherwise defined herein shall have the meanings
ascribed to them in the Agreement.
STATEMENT OF AGREEMENT
In consideration of the mutual covenants, promises and conditions set
forth herein and in the Agreement, the parties agree to amend the Agreement,
effective as of October 21, 2005, as follows:
1. Section 3 "Term" is deleted in its entirety and the following new
Section 3 is substituted in lieu thereof:
3. Term. The term of this Agreement shall be for the period
during which Employee is a member of the Board and expiring on the
earlier to occur of (i) Employee's resignation from the Board, (ii)
expiration of Employee's term of service on the Board as a result of a
determination by Employee in his discretion not to stand for reelection
to the Board, or (iii) the Company's 2007 Annual Meeting of
Stockholders, subject to earlier termination as provided for in Section
4.
2. Section 4(b) is amended by deleting the phrase "October 21, 2005"
and substituting in lieu thereof the phrase "the Company's 2007 Annual Meeting
of Stockholders."
3. Section 4(e) is amended by deleting the phrase "October 21, 2005"
and substituting in lieu thereof the phrase "the Company's 2007 Annual Meeting
of Stockholders."
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4. Section 5(b) is amended by deleting the phrase "October 21, 2005"
and substituting in lieu thereof the phrase "the Company's 2007 Annual Meeting
of Stockholders."
5. Section 16 is amended by deleting the notice address specified for
the Company and substituting in lieu thereof the following notice address:
0000 Xxxxxxxxx Xxxxxxx
Xxxxx 000
Xxxxxxxxxx, Xxxxxxx 00000
Attn: General Counsel
Except as specifically amended herein, the Agreement shall remain in
full force and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment Number 2
to the Agreement as of the day and year first above written.
PER-SE TECHNOLOGIES, INC. EMPLOYEE
By: /s/ XXXXXX X. XXXX /s/ XXXXX X. XXXXXXXX
-------------------------------- ---------------------------
Xxxxxx X. Xxxx Xxxxx X. XxXxxxxx
Chairman, President and
Chief Executive Officer
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