SETTLEMENT AGREEMENTSettlement Agreement • June 22nd, 2007 • Visa Inc. • New York
THIS SETTLEMENT AGREEMENT (the “Settlement Agreement” or “Agreement”) is made as of the 4th day of June 2003, by Defendant Visa U.S.A. Inc. (“Visa”) and Plaintiffs in In Re Visa Check/MasterMoney Antitrust Litigation, No. 96-CV-5238 (JG), a Class Action (the “Class Action” or “Action”), on behalf of each and every member of the Class defined herein (collectively, the “Plaintiffs” or “Class Members”).
June 4, 2007 Joseph Saunders Dear Joe:Visa Inc. • June 22nd, 2007
We refer to the letter agreement, dated February 12, 2007 (the “Prior Letter Agreement”), between Visa International Service Association (“Visa International”) and you, pursuant to which you agreed to serve as Executive Chairman of the Transition Governance Committee (“TGC”) and Interim Chief Executive Officer Pro tempore of Visa Inc., a corporation to be formed. We are pleased to confirm your appointment by the TGC and the Board of Directors of Visa International as Chairman and Chief Executive Officer of Visa Inc. This letter agreement will govern the terms of your employment, and supersedes and replaces the Prior Letter Agreement, which is terminated and of no further force or effect as of the date of this letter agreement.
FORM OF ESCROW AGREEMENT] ESCROW AGREEMENTEscrow Agreement • June 22nd, 2007 • Visa Inc. • New York
ESCROW AGREEMENT, dated as of [·], 2007 (this “Agreement”), among VISA Inc., a Delaware corporation (“Visa Inc.”), Visa U.S.A. Inc., a Delaware corporation (“Visa USA”) and [·] (the “Escrow Agent”).
