BOTTOMLINE TECHNOLOGIES (de), INC. Executive Retention AgreementExecutive Retention Agreement • November 14th, 2003 • Bottomline Technologies Inc /De/ • Services-prepackaged software • New Hampshire
THIS EXECUTIVE RETENTION AGREEMENT (the “Agreement”) by and between Bottomline Technologies (de), Inc., a Delaware corporation (the “Company”), and Chris Bishop (the “Executive”) is made as of September 12, 2002 (the “Effective Date”).
August 28, 2003Letter Agreement • November 14th, 2003 • Bottomline Technologies Inc /De/ • Services-prepackaged software • New Hampshire
This letter agreement (the “Letter Agreement”) sets forth the terms on which you and Bottomline Technologies (de), Inc. (the “Company”) agree that you will serve as a consultant to the Company. Except as provided in Sections 2 and 5 below, from this date forward this Letter Agreement shall supercede and replace your Employment Agreement (the “Employment Agreement”), dated as of December 3, 1998, as amended. This Letter Agreement shall not in any manner whatsoever affect your position as Chairman of the Board of Directors of the Company.
