June 14,2010 Joseph L. Cowan 5212 Legends Dr Braselton, GA 30517-4012 Dear Joe,Online Resources Corp • March 15th, 2011 • Services-business services, nec
On behalf of Online Resources Corporation (the “Company”) and its Board of Directors (the “Board”) I am pleased to offer you the position of President and Chief Executive Officer of the Company, subject to the terms and conditions of this letter agreement (the “Letter Agreement”). Upon acceptance of this offer and satisfaction of any conditions herein, you will also be nominated to serve as a member of the Board.
