TIER TECHNOLOGIES, INC. Change in Control Equity Vesting Acceleration Plan (November 8th, 2011)
Tier Technologies, Inc. (the "Company") hereby establishes the Tier Technologies, Inc. Change in Control Equity Vesting Acceleration Plan (the "Plan"). The Plan is in effect for "Covered Executives" (as defined below) whose employment is terminated without "Cause" (as defined below") by the Company on or within 12 months after the closing of a "Change in Control" (as defined below) or, for certain Covered Executives, ends during such 12 month period (the "Covered Period") as a result of a resignation for "Good Reason" (as referenced below). The effective date of the Plan is November 3, 2011 (the "Effective Date").
Tier Technologies, Inc. Employment Agreement (August 9th, 2011)
THIS EMPLOYMENT AGREEMENT (this "Agreement") is made as of May 26, 2011 by and between Tier Technologies, Inc., a Delaware corporation (the "Company"), and Sandip Mohapatra, an individual ("you", and together with the Company, the "Parties"). It replaces your employment agreement with the Company dated December 13, 2010 (the "Predecessor Agreement").
Employment Agreement (May 9th, 2011)
This Employment Agreement (the "Agreement") is made and entered into as of the 13th day of December, 2010, by and between Tier Technologies, Inc., a Delaware corporation (together with its successors and assigns, the "Company"), and Sandip Mohapatra (the "Executive").