Amended and Restated Employment AgreementEmployment Agreement • December 2nd, 2008 • Intuit Inc • Services-prepackaged software • California
On behalf of Intuit Inc. (“Intuit” or the “Company”), I am pleased to offer you a promotion to the position of Executive Vice President, Small Business Ecosystem on the terms set forth below. In light of this promotion and the requirements of Section 409A (“Section 409A”) of the Internal Revenue Code of 1986, as amended (the “Code”) Intuit has reviewed the terms of your employment offer letter of August 29, 2005 and has concluded that certain amendments to your employment offer letter are desirable. This letter amends and restates in its entirety your Employment Agreement dated August 29, 2005, and is intended to clarify the terms of your promotion and bring your employment agreement into documentary compliance with the requirements for administration under Section 409A.
