April 1, 2012 Janie West 2450 Shumard Oak Drive Braselton, GA 30517 Dear Janie: (February 5th, 2013)
Online Resources Corporation (the Company) is pleased to offer you a special bonus arrangement as a retention incentive for you to maintain your employment in good standing with the Company through March 31, 2013 (your Stay Date). Under this arrangement, and subject to the conditions described below in this letter, if you are actively employed by the Company on your Stay Date, you will be entitled to a payment from the Company of $59,000 (your Retention Bonus). Generally, your retention bonus will be paid to you in a single cash payment, less any applicable Federal and state income and employment taxes required to be withheld, within fifteen days following your Stay Date.
November 9, 2010 Janie M. West 2450 Shumard Oak Drive Braselton, GA 30517 Dear Janie, (February 5th, 2013)
On behalf of Online Resources Corporation, I am pleased to offer you the position of Chief Marketing Officer, reporting to Joe Cowan, President and Chief Executive Officer, effective November 8, 2010. Outlined below are the details of our offer.