0001140361-07-024311 Sample Contracts

SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • December 14th, 2007 • Electronic Clearing House Inc • Functions related to depository banking, nec

THIS SEPARATION AGREEMENT AND GENERAL RELEASE (this “Agreement”) is made and entered into as of this 10th day of August, 2007 (the “Execution Date”), to be effective as of the 2nd day of July, 2007 (the “Effective Date”), by and between Joel M. Barry (the “Executive”) and Electronic Clearing House, Inc., a Nevada corporation (together with any and all of its subsidiaries as appropriate, the “Company”).

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AMENDED AND RESTATED SEPARATION AGREEMENT
Separation Agreement • December 14th, 2007 • Electronic Clearing House Inc • Functions related to depository banking, nec

This Amended and Restated Separation Agreement (this “Agreement”) is made and entered into as of the [__] day of [__________], 200_, by and between Electronic Clearing House, Inc., a Nevada corporation (the “Company”) and [____________] (“Executive”) and supersedes and replaces that certain Separation Agreement, dated as of May 11, 2006, by and between the parties relating to the same subject matter and upon execution, such former Separation Agreement shall be null and void and of no further force and effect.

INDEMNIFICATION AGREEMENT
Indemnification Agreement • December 14th, 2007 • Electronic Clearing House Inc • Functions related to depository banking, nec • Nevada

This Indemnification Agreement (this “Agreement”) is made as of this ____ day of _______, 200_, by and between Electronic Clearing House, Inc., a Nevada corporation (the “Company”), and ____________, an individual (“Indemnitee”).

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