0000912057-02-012899 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Employment Agreement • April 1st, 2002 • Providian Financial Corp • National commercial banks • Delaware

EMPLOYMENT AGREEMENT (the "Agreement") dated as of November 25th, 2001 (the "Effective Date"), between Providian Financial Corporation, a Delaware corporation (the "Company"), and Joseph W. Saunders (the "Executive").

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FORM OF RETENTION BONUS AGREEMENT
Retention Bonus Agreement • April 1st, 2002 • Providian Financial Corp • National commercial banks • California

This letter sets forth the Retention Bonus Agreement (this "Agreement") between you and Providian Financial Corporation (the "Company") and is effective as of the date above ("Effective Date"). Provided you agree to the terms below by executing this letter, the following retention bonus award will be made to you in accordance with the schedule below.

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