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                                                                   EXHIBIT 10.26

                              MANAGEMENT AGREEMENT

               This Management Agreement (this "Agreement") is entered into as
of August 14, 2002, by and between Fair, Isaac and Company, Incorporated, a
Delaware corporation (the "Company"), and _________ ("Executive").

               WHEREAS, Executive is a key member of the management of the
Company and has heretofore devoted substantial skill and effort to the affairs
of the Company; and

               WHEREAS, it is desirable and in the best interests of the Company
and its shareholders to continue to obtain the benefits of Executive's services
and attention to the affairs of the Company; and

               WHEREAS, it is desirable and in the best interests of the Company
and its shareholders to provide inducement for Executive (A) to remain in the
service of the Company in the event of any proposed or anticipated change in
control of the Company and (B) to remain in the service of the Company in order
to facilitate an orderly transition in the event of a change in control of the
Company, without regard to the effect such change in control may have on
Executive's employment with the Company; and

               WHEREAS, it is desirable and in the best interests of the Company
and its shareholders that Executive be in a position to make judgments and
advise the Company with respect to proposed changes in control of the Company;
and

               WHEREAS, the Executive desires to be protected in the event of
certain changes in control of the Company; and

               WHEREAS, for the reasons set forth above, the Company and
Executive desire to enter into this Agreement.

               NOW, THEREFORE, in consideration of the foregoing and the mutual
covenants and agreements contained herein, the Company and Executive agree as
follows:

        1.      EVENTS. No amounts or benefits shall be payable or provided for
pursuant to this Agreement unless an Event shall occur during the Term of this
Agreement.

                (a)     For purposes of this Agreement, an "Event" shall be
        deemed to have occurred if any of the following occur:

                        (i)     Any "person" (as defined in Sections 13(d) and
                                14(d) of the Securities Exchange Act of 1934, as
                                amended, or any successor statute thereto (the
                                "Exchange Act")) acquires or becomes a
                                "beneficial owner" (as defined in Rule 13d-3 or
                                any successor rule under the Exchange Act),
                                directly or indirectly, of securities of the


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                                Company representing 30% or more of the combined
                                voting power of the Company's securities
                                entitled to vote generally in the election of
                                directors ("Voting Securities") then outstanding
                                or 30% or more of the shares of common stock of
                                the Company ("Common Stock") outstanding,
                                provided, however, that the following shall not
                                constitute an Event pursuant to this Section
                                1(a)(i):

                                (A)     any acquisition or beneficial ownership
                                        by the Company or a subsidiary of the
                                        Company;

                                (B)     any acquisition or beneficial ownership
                                        by any employee benefit plan (or related
                                        trust) sponsored or maintained by the
                                        Company or one or more of its
                                        subsidiaries;

                                (C)     any acquisition or beneficial ownership
                                        by any corporation (including without
                                        limitation an acquisition in a
                                        transaction of the nature described in
                                        Section 1(a)(ii)) with respect to which,
                                        immediately following such acquisition,
                                        more than 70%, respectively, of (x) the
                                        combined voting power of the Company's
                                        then outstanding Voting Securities and
                                        (y) the Common Stock is then
                                        beneficially owned, directly or
                                        indirectly, by all or substantially all
                                        of the persons who beneficially owned
                                        Voting Securities and Common Stock,
                                        respectively, of the Company immediately
                                        prior to such acquisition in
                                        substantially the same proportions as
                                        their ownership of such Voting
                                        Securities and Common Stock, as the case
                                        may be, immediately prior to such
                                        acquisition; or

                                (D)     any acquisition of Voting Securities or
                                        Common Stock directly from the Company;
                                        and

                        Continuing Directors shall not constitute a majority of
                        the members of the Board of Directors of the Company.
                        For purposes of this Section 1(a)(i), "Continuing
                        Directors" shall mean: (A) individuals who, on the date
                        hereof, are directors of the Company, (B) individuals
                        elected as directors of the Company subsequent to the
                        date hereof for whose election proxies shall have been
                        solicited by the Board of Directors of the Company or
                        (C) any individual elected or appointed by the Board of
                        Directors of the Company to fill vacancies on the Board
                        of Directors of the Company caused by death or
                        resignation (but not by removal) or to fill
                        newly-created directorships, provided that a "Continuing


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                        Director" shall not include an individual whose initial
                        assumption of office occurs as a result of an actual or
                        threatened election contest with respect to the
                        threatened election or removal of directors (or other
                        actual or threatened solicitation of proxies or
                        consents) by or on behalf of any person other than the
                        Board of Directors of the Company; or

                (ii)    Consummation of a reorganization, merger or
                        consolidation of the Company or a statutory exchange of
                        outstanding Voting Securities of the Company (other than
                        a merger or consolidation with a subsidiary of the
                        Company), unless immediately following such
                        reorganization, merger, consolidation or exchange, all
                        or substantially all of the persons who were the
                        beneficial owners, respectively, of Voting Securities
                        and Common Stock immediately prior to such
                        reorganization, merger, consolidation or exchange
                        beneficially own, directly or indirectly, more than 70%
                        of, respectively, (x) the combined voting power of the
                        then outstanding voting securities entitled to vote
                        generally in the election of directors of the
                        corporation resulting from such reorganization, merger,
                        consolidation or exchange and (y) the then outstanding
                        shares of common stock of the corporation resulting from
                        such reorganization, merger, consolidation or exchange
                        in substantially the same proportions as their
                        ownership, immediately prior to such reorganization,
                        merger, consolidation or exchange, of the Voting
                        Securities and Common Stock, as the case may be; or

                (iii)   (x) Approval by the shareholders of the Company of a
                        complete liquidation or dissolution of the Company or
                        (y) the sale or other disposition of all or
                        substantially all of the assets of the Company (in one
                        or a series of transactions), other than to a
                        corporation with respect to which, immediately following
                        such sale or other disposition, more than 70% of,
                        respectively, (1) the combined voting power of the then
                        outstanding voting securities of such corporation
                        entitled to vote generally in the election of directors
                        and (2) the then outstanding shares of common stock of
                        such corporation is then beneficially owned, directly or
                        indirectly, by all or substantially all of the persons
                        who were the beneficial owners, respectively, of the
                        Voting Securities and Common Stock immediately prior to
                        such sale or other disposition in substantially the same
                        proportions as their ownership, immediately prior to
                        such sale or other disposition, of the Voting Securities
                        and Common Stock, as the case may be; or


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                (iv)    A majority of the members of the Board of Directors of
                        the Company shall have declared that an Event has
                        occurred or that an Event will occur upon satisfaction
                        of specified conditions, in which case the Event shall
                        be deemed to occur upon satisfaction of such specified
                        conditions; or

                (v)     The Company enters into a letter of intent, an agreement
                        in principle or a definitive agreement relating to an
                        Event described in Section 1(a)(i), 1(a)(ii) or
                        1(a)(iii) hereof that ultimately results in such an
                        Event, or a tender or exchange offer or proxy contest is
                        commenced which ultimately results in an Event described
                        in Section 1(a)(i) hereof; or

                (vi)    There shall be an involuntary termination of employment
                        of the Executive or Termination for Good Reason (as
                        defined in Section 4(c)), and the Executive reasonably
                        demonstrates that such event (x) was requested by a
                        party other than the Board of Directors of the Company
                        that had previously taken other steps reasonably
                        calculated to result in an Event described in Section
                        1(a)(i), 1(a)(ii), 1(a)(iii) or 1(a)(iv) hereof and
                        which ultimately results in an Event described in
                        Section 1(a)(i), 1(a)(ii), 1(a)(iii) or 1(a)(iv) hereof,
                        or (y) otherwise arose in connection with or in
                        anticipation of an Event described in Section 1(a)(i),
                        1(a)(ii), 1(a)(iii) or 1(a)(iv) hereof that ultimately
                        occurs.

        Notwithstanding anything stated in this Section 1(a), an Event shall not
        be deemed to occur with respect to Executive if (x) the acquisition or
        beneficial ownership of the 30% or greater interest referred to in
        Section 1(a)(i) is by Executive or by a group, acting in concert, that
        includes Executive or (y) a majority of the then combined voting power
        of the then outstanding voting securities (or voting equity interests)
        of the surviving corporation or of any corporation (or other entity)
        acquiring all or substantially all of the assets of the Company shall,
        immediately after a reorganization, merger, exchange, consolidation or
        disposition of assets referred to in Section 1(a)(ii) or 1(a)(iii), be
        beneficially owned, directly or indirectly, by Executive or by a group,
        acting in concert, that includes Executive.

               (b) For purposes of this Agreement, a "subsidiary" of the Company
        shall mean any entity of which securities or other ownership interests
        having general voting power to elect a majority of the board of
        directors or other persons performing similar functions are at the time
        directly or indirectly owned by the Company.

        2.      PAYMENTS AND BENEFITS. If any Event shall occur during the Term
of this Agreement, then the Executive shall be entitled to receive from the
Company or its successor (which term as used herein shall include any person
acquiring all or substantially all of the assets of


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the Company) a cash payment and other benefits on the following basis (unless
the Executive's employment by the Company is terminated voluntarily or
involuntarily prior to the occurrence of the earliest Event to occur (the "First
Event"), in which case Executive shall be entitled to no payment or benefits
under this Section 2):

                (a)     If at the time of, or at any time after, the occurrence
        of the First Event and prior to the end of the Transition Period, the
        employment of Executive with the Company is voluntarily or involuntarily
        terminated for any reason (unless such termination is a voluntary
        termination by Executive other than for Good Reason, is on account of
        the death or Disability of the Executive or is a termination by the
        Company for Cause), subject to the limitations set forth in Sections
        2(d) and 2(e), Executive shall be entitled to the following:

                        (i)     The Company shall pay Executive's full base
                                salary through the Termination Date at the rate
                                then in effect.

                        (ii)    The Company or its successor, within 90 days
                                after the Termination Date, shall make a cash
                                payment to Executive in an amount equal to one
                                (1) times the sum of (A) the annual base salary
                                of Executive in effect immediately prior to the
                                First Event plus (B) the cash bonus or cash
                                incentive compensation received by the Executive
                                from the Company for the fiscal year preceding
                                the First Event.

                        (iii)   For a 12-month period after the Termination
                                Date, the Company shall allow Executive to
                                participate in any health, disability and life
                                insurance plan or program in which the Executive
                                was entitled to participate immediately prior to
                                the First Event as if Executive were an employee
                                of the Company during such 12-month period;
                                provided, however, that in the event that
                                Executive's participation in any such health,
                                disability or life insurance plan or program of
                                the Company is barred, the Company, at its sole
                                cost and expense, shall arrange to provide
                                Executive with benefits substantially similar to
                                those which Executive would be entitled to
                                receive under such plan or program if Executive
                                were not barred from participation. Benefits
                                otherwise receivable by Executive pursuant to
                                this section 2(a)(iii) shall be reduced to the
                                extent comparable benefits are received by
                                Executive from another employer or other third
                                party during such 12-month period, and Executive
                                shall promptly report receipt of any such
                                benefits to the Company.

                        (iv)    Any outstanding and unvested stock options
                                granted to Executive shall be accelerated and
                                become immediately exercisable by Executive (and
                                shall remain exercisable for the terms specified
                                in the applicable stock option agreements) and
                                any restricted stock awarded


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                                to Executive and subject to forfeiture shall be
                                fully vested and shall no longer be subject to
                                forfeiture.

                (b)     The Company shall also pay to Executive all legal fees
        and expenses incurred by the Executive as a result of such termination,
        including, but not limited to, all such fees and expenses, if any,
        incurred in contesting or disputing any such termination or in seeking
        to obtain or enforce any right or benefit provided by this Agreement.

                (c)     In addition to all other amounts payable to Executive
        under this Section 2, Executive shall be entitled to receive all
        benefits payable to Executive under any other plan or agreement relating
        to retirement benefits.

                (d)     Executive shall not be required to mitigate the amount
        of any payment or other benefit provided for in Section 2 by seeking
        other employment or otherwise, nor shall the amount of any payment or
        other benefit provided for in Section 2 be reduced by any compensation
        earned by Executive as the result of employment by another employer
        after the Termination Date or otherwise, except as specifically provided
        in this Agreement.

                (e)     Notwithstanding any other provision of this Agreement,
        the Company will not pay to Executive, and Executive will not be
        entitled to receive, any payment pursuant to Section 2(a)(ii) unless and
        until:

                        (i)     Executive executes, and there shall be effective
                                following any statutory period for revocation or
                                rescission, a release that irrevocably and
                                unconditionally releases the Company, any
                                company acquiring the Company or its assets, and
                                their past and current shareholders, directors,
                                officers, employees and agents from and against
                                any and all claims, liabilities, obligations,
                                covenants, rights and damages of any nature
                                whatsoever, whether known or unknown,
                                anticipated or unanticipated; provided, however,
                                that the release shall not adversely affect
                                Executive's rights to receive benefits to which
                                he is entitled under this Agreement or
                                Executive's rights to indemnification under
                                applicable law, the charter documents of the
                                Company, any insurance policy maintained by the
                                Company or any written agreement between the
                                Company and Executive; and

                        ii)     Executive executes an agreement prohibiting
                                Executive for a period of one (1) year following
                                the Termination Date from soliciting, recruiting
                                or inducing, or attempting to solicit, recruit
                                or induce, any employee of the Company or of any
                                company acquiring the Company or its assets to
                                terminate the employee's employment.


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                (f)     The obligations of the Company under this Section 2
        shall survive the termination of this Agreement.

        3.      CERTAIN REDUCTION OF PAYMENTS BY THE COMPANY.

                (a)     Notwithstanding anything contained herein to the
        contrary, prior to the payment of any amounts pursuant to Section 2(a)
        hereof, an independent national accounting firm designated by the
        Company (the "Accounting Firm") shall compute whether there would be any
        "excess parachute payments" payable to Executive, within the meaning of
        Section 280G of the Internal Revenue Code of 1986, as amended (the
        "Code"), taking into account the total "parachute payments," within the
        meaning of Section 280G of the Code, payable to Executive by the Company
        or any successor thereto under this Agreement and any other plan,
        agreement or otherwise. If there would be any excess parachute payments,
        the Accounting Firm will compute the net after-tax proceeds to
        Executive, taking into account the excise tax imposed by Section 4999 of
        the Code, if (i) the payments hereunder were reduced, but not below
        zero, such that the total parachute payments payable to Executive would
        not exceed three (3) times the "base amount" as defined in Section 280G
        of the Code, less One Dollar ($1.00), or (ii) the payments hereunder
        were not reduced. If reducing the payments hereunder would result in a
        greater after-tax amount to Executive, such lesser amount shall be paid
        to Executive. If not reducing the payments hereunder would result in a
        greater after-tax amount to Executive, such payments shall not be
        reduced. The determination by the Accounting Firm shall be binding upon
        the Company and Executive subject to the application of Section 3(b)
        hereof.

                (b)     As a result of uncertainty in the application of
        Sections 280G of the Code, it is possible that excess parachute payments
        will be paid when such payment would result in a lesser after-tax amount
        to Executive; this is not the intent hereof. In such cases, the payment
        of any excess parachute payments will be void ab initio as regards any
        such excess. Any excess will be treated as an overpayment by the Company
        to Executive. Executive will return the overpayment to the Company,
        within fifteen (15) business days of any determination by the Accounting
        Firm that excess parachute payments have been paid when not so intended,
        with interest at an annual rate equal to the rate provided in Section
        1274(d) of the Code (or 120% of such rate if the Accounting Firm
        determines that such rate is necessary to avoid an excise tax under
        Section 4999 of the Code) from the date Executive received the excess
        until it is repaid to the Company.

                (c)     All fees, costs and expenses (including, but not limited
        to, the cost of retaining experts) of the Accounting Firm shall be borne
        by the Company and the Company shall pay such fees, costs, and expenses
        as they become due. In performing the computations required hereunder,
        the Accounting Firm shall assume that taxes will be paid for state and
        federal purposes at the highest possible marginal tax rates which could
        be applicable to Executive in the year of receipt of the payments,
        unless Executive agrees otherwise.


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        4.      DEFINITION OF CERTAIN ADDITIONAL TERMS.

                (a)     "Cause" shall mean, and be limited to, (i) willful and
        gross neglect of duties by the Executive or (ii) an act or acts
        committed by the Executive constituting a felony and substantially
        detrimental to the Company or its reputation.

                (b)     "Disability" shall mean Executive's absence from his
        duties with the Company on a full time basis for 180 consecutive
        business days, as a result of Executive's incapacity due to physical or
        mental illness, unless within 30 days after written notice of intent to
        terminate is given by the Company following such absence Executive shall
        have returned to the full time performance of Executive's duties.

                (c)     "Good Reason" shall mean if, without Executive's express
        written consent, any of the following shall occur:

                        (i)     the assignment to Executive of any material
                                duties inconsistent with Executive's status or
                                position with the Company, or any other action
                                by the Company that results in a substantial
                                diminution in such status or position, excluding
                                any isolated, insubstantial, or inadvertent
                                action not taken in bad faith and which is
                                remedied by the Company promptly after receipt
                                of notice thereof from Executive;
                                notwithstanding the foregoing, a change in title
                                and/or reporting relationship alone shall not
                                constitute a substantial diminution in an
                                Executive's status or position.

                        (ii)    a material reduction by the Company in
                                Executive's annual base salary or target
                                incentive in effect immediately prior to the
                                First Event;

                        (iii)   the failure by the Company to continue to
                                provide Executive with benefits at least as
                                favorable in the aggregate to those enjoyed by
                                Executive under the Company's pension, life
                                insurance, medical, health and accident,
                                disability, deferred compensation, incentive
                                awards, employee stock options or savings plans
                                in which Executive was participating at the time
                                of the First Event, the taking of any action by
                                the Company that would directly or indirectly
                                materially reduce any of such benefits or
                                deprive Executive of any material fringe benefit
                                enjoyed at the time of the First Event, or the
                                failure by the Company to provide Executive with
                                the number of paid vacation days to which
                                Executive is entitled at the time of the First
                                Event, but excluding any failure or action by
                                the Company that is not taken in bad faith and
                                which is remedied by the Company promptly after
                                receipt of notice thereof from Executive; or


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                        (iv)    the Company requiring Executive to relocate to
                                any place other than a location within forty
                                miles of the location at which Executive
                                performed his primary duties immediately prior
                                to the First Event or, if Executive is based at
                                the Company's principal executive offices, the
                                relocation of the Company's principal executive
                                offices to a location more than forty miles from
                                its location immediately prior to the First
                                Event, except for required travel on the
                                Company's business to an extent substantially
                                consistent with Executive's prior business
                                travel obligations;

                        (v)     the failure of the Company to obtain agreement
                                from any successor to assume and agree to
                                perform this Agreement, as contemplated in
                                Section 5(b).

                (d)     As used herein, other than in Section 1(a) hereof, the
        term "person" shall mean an individual, partnership, corporation,
        estate, trust or other entity.

                (e)     "Termination Date" shall mean the date of termination of
        Executive's employment, which in the case of termination for Disability
        shall be the 30th day after notice is given as required in Section 4(b).

                (f)     "Transition Period" shall mean the one-year period
        commencing on the date of the earliest to occur of an Event described in
        Section 1(a)(i), 1(a)(ii), 1(a)(iii) or 1(a)(iv) hereof (the
        "Commencement Date") and ending on the first anniversary of the
        Commencement Date.

        5.      SUCCESSORS AND ASSIGNS.

                (a)     This Agreement shall be binding upon and inure to the
        benefit of the successors, legal representatives and assigns of the
        parties hereto; provided, however, that the Executive shall not have any
        right to assign, pledge or otherwise dispose of or transfer any interest
        in this Agreement or any payments hereunder, whether directly or
        indirectly or in whole or in part, without the written consent of the
        Company or its successor.

                (b)     The Company will require any successor (whether direct
        or indirect, by purchase of a majority of the outstanding voting stock
        of the Company or all or substantially all of the assets of the Company,
        or by merger, consolidation or otherwise), by agreement in form and
        substance satisfactory to Executive, to assume expressly and agree to
        perform this Agreement in the same manner and to the same extent that
        the Company would be required to perform it if no such succession had
        taken place. Failure of the Company to obtain such agreement prior to
        the effectiveness of any such succession (other than in the case of a
        merger or consolidation) shall be a breach of this Agreement and shall
        entitle Executive to compensation from the Company in the same amount
        and on the same terms as Executive


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        would be entitled hereunder in the event of termination by Executive for
        Good Reason, except that for purposes of implementing the foregoing, the
        date on which any such succession becomes effective shall be deemed the
        Termination Date. As used in this Agreement, "Company" shall mean the
        Company as hereinbefore defined and any successor to its business and/or
        assets as aforesaid that is required to execute and deliver the
        agreement as provided for in this Section 5(b) or that otherwise becomes
        bound by all the terms and provisions of this Agreement by operation of
        law.

        6.      GOVERNING LAW. This Agreement shall be construed in accordance
with the laws of the State of Minnesota.

        7.      NOTICES. All notices, requests and demands given to or made
pursuant to this Agreement shall be in writing and shall be deemed to have been
duly given when delivered or mailed by United States registered or certified
mail, return receipt requested, postage pre-paid, addressed to the last known
residence address of Executive or in the case of the Company, to its principal
executive office to the attention of each of the then directors of the Company
with a copy to its Secretary, or to such other address as either party may have
furnished to the other in writing in accordance herewith, except that notice of
change of address shall be effective only upon receipt.

        8.      REMEDIES AND CLAIM PROCESS. If Executive disputes any
determination made by the Company regarding Executive's eligibility for any
benefits under this Agreement, the amount or terms of payment of any benefits
under this Agreement, or the Company's application of any provision of this
Agreement, then Executive shall, before pursuing any other remedies that may be
available to Executive, seek to resolve such dispute by submitting a written
claim notice to the Company. The notice by Executive shall explain the specific
reasons for Executive's claim and basis therefor. The Board of Directors shall
review such claim and the Company will notify Executive in writing of its
response within 60 days of the date on which Executive's notice of claim was
given. The notice responding to Executive's claim will explain the specific
reasons for the decision. Executive shall submit a written claim hereunder
before pursuing any other process for resolution of such claim. This Section 8
does not otherwise affect any rights that Executive or the Company may have in
law or equity to seek any right or benefit under this Agreement.

        9.      SEVERABILITY. In the event that any portion of this Agreement is
held to be invalid or unenforceable for any reason, it is hereby agreed that
such invalidity or unenforceability shall not affect the other portions of this
Agreement and that the remaining covenants, terms and conditions or portions
hereof shall remain in full force and effect.

        10.     INTEGRATION. The benefits provided to Executive under this
Agreement shall be in lieu of any other severance pay or benefits available to
Executive under any other agreement, plan or program of the Company. In the
event that any payments or benefits become payable to Executive pursuant to
Section 2 of this Agreement, then this Agreement will supersede and replace any
other agreement, plan or program applicable to Executive to the extent that such
other


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agreement, plan or program provides for payments or benefits to Executive
arising out of the involuntary termination of Executive's employment or
termination by Executive for Good Reason. In addition, the acceleration of stock
options and lapsing of forfeiture provisions of restricted stock provided
pursuant to Section 2(a)(iv) of this Agreement shall not be subject to the
provisions of Article 13 of the Company's 1992 Long-Term Incentive Plan (or
similar successor provision or plan).

        11.     MISCELLANEOUS. No provision of this Agreement may be modified,
waived or discharged unless such waiver, modification or discharge is agreed to
in writing and signed by the parties. No waiver by either party hereto at any
time of any breach by the other party to this Agreement of, or compliance with,
any condition or provision of this Agreement to be performed by such other party
shall be deemed a waiver of similar or dissimilar provisions or conditions at
the same or at any prior to similar time.

        12.     TERM. This Agreement shall commence on the date of this
Agreement and shall terminate, and the Term of this Agreement shall end, on the
later of (A) December 31, 2007, provided that such period shall be automatically
extended for one year and from year to year thereafter until notice of
termination is given by the Company or Executive to the other party hereto at
least 60 days prior to December 31, 2007 or the one-year extension period then
in effect, as the case may be, or (B) if the Commencement Date occurs on or
prior to December 31, 2007 (or prior to the end of the extension year then in
effect as provided for in clause (A) hereof), the first anniversary of the
Commencement Date.

        IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the day and year first above written.

                                   FAIR, ISAAC AND COMPANY, INCORPORATED

                                   By
                                     -------------------------------------
                                   NAME OF EXECUTIVE

                                   By
                                     -------------------------------------



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