Exhibit 10.38
November 6, 2002
▇▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇ ▇
▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇
Dear ▇▇▇▇▇
Reference is made to that certain Executive Retention Agreement, dated
as of June 17, 2002, by and between eFunds Corporation and you. I am writing to
inform you that the Company is waiving the requirement set forth in Section
2(iv) of the Agreement that you execute the Release attached to the Agreement as
Exhibit A as a condition to your receipt of the lump-sum payment described in
Section 1(a). I would anticipate that this payment will be made shortly.
Very truly yours,
/s/ ▇▇▇▇▇▇▇ ▇. Adtedt
---------------------------------
Senior Vice President
Human Resources and Administration
eFunds Corporation
