0000950144-03-003198 Sample Contracts

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WITNESSETH:
Employment Agreement • March 17th, 2003 • PRG Schultz International Inc • Services-engineering, accounting, research, management
EXHIBIT 10.64 October 31, 2002 Mr. Andrew H. Schultz Dear Andy: The following confirms the terms of our agreement regarding your resignation as an executive officer of and termination of your employment with PRG-Schultz International, Inc....
Severance Agreement • March 17th, 2003 • PRG Schultz International Inc • Services-engineering, accounting, research, management

The following confirms the terms of our agreement regarding your resignation as an executive officer of and termination of your employment with PRG-Schultz International, Inc. ("PRG-Schultz"), effective as of the close of business on November 1, 2002. In exchange for the cancellation of the agreement regarding employment between you and PRG-Schultz dated December 20, 2001, and your relinquishment of rights and interests thereunder, the release provided hereunder, and other good and valuable consideration, the receipt, adequacy and sufficiency of which you acknowledge, PRG-Schultz shall pay you an aggregate of $354,461.54, payable in equal monthly payments of $23,630.77 beginning November 30, 2002 through January 30, 2004, unless you die prior to such date, in which event all payments shall cease. In addition, PRG-Schultz will pay you a lump sum of $55,000.00 in March of 2003. The termination payments set forth above shall constitute the total payment and obligations under this Agreemen

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