jabbourempagramdexhibit1







1         Exhibit 10.47   AMENDMENT TO EMPLOYMENT AGREEMENT      This AMENDMENT TO EMPLOYMENT AGREEMENT (the "Amendment") is   effective as of February 23, 2016 (the "Effective Date"), by and between FIDELITY   NATIONAL INFORMATION SERVICES, INC., a Georgia corporation ("FIS" or the   "Company"), and Anthony Jabbour (the "Employee") and amends that certain Employment   Agreement dated October 1, 2009 (the "Agreement").  Unless expressly amended herein, the   terms of the Agreement remain in full force and effect.  In consideration of the mutual covenants   and agreements set forth herein, the parties agree as follows:   1. Section 2 is deleted and the following is inserted in lieu thereof:   “2. Employment and Duties.  Subject to the terms and conditions of this Agreement,   Company employs Employee to serve as Corporate Executive Vice President or in such   other capacity as may be mutually agreed by the parties. Employee accepts such   employment and agrees to undertake and discharge the duties, functions and responsibilities   commensurate with the aforesaid position and such other duties and responsibilities as may   be prescribed from time to time by Company. Employee shall devote substantially all   business time, attention and effort to the performance of duties hereunder and shall not   engage in any business, profession or occupation, for compensation or otherwise without the   express written consent of Company, other than personal, personal investment, charitable, or   civic activities or other matters that do not conflict with Employee's duties.”   2. Section 4 is deleted and the following is inserted in lieu thereof:   “4. Salary.  During the Employment Term, Company shall pay Employee an annual   base salary, before deducting all applicable withholdings, of no less than $700,000 per year,   payable at the time and in the manner dictated by Company's standard payroll policies.    Such minimum annual base salary may be periodically reviewed and increased (but not   decreased without Employee's express written consent) at the discretion of Company to   reflect, among other matters, cost of living increases and performance results (such annual   base salary, including any increases, the "Annual Base Salary").”   3. Sections 5(a), (b) and (c) are deleted and the following is inserted in lieu thereof:   “(a) equivalent or more beneficial medical and other insurance coverage (for   Employee and any covered dependents) provided by Company to executives with the same   corporate title (i.e., Corporate Executive Vice President);    (b) supplemental disability insurance sufficient to provide a benefit to Employee   equal to two-thirds of Employee's pre-disability Annual Base Salary until Employee reaches   the age of 65, provided that such coverage is available in the market using traditional   standards of underwriting;        





 







2         (c) an annual incentive bonus opportunity under Company's annual incentive plan   ("Annual Bonus Plan") for each calendar year included in the Employment Term, with such   opportunity to be earned based upon attainment of performance objectives established by   Company ("Annual Bonus"). Employee's target Annual Bonus under the Annual Bonus Plan   shall be no less than 150% of Employee's then current Annual Base Salary, with a maximum   of up to 300% of Employee's then current Annual Base Salary (collectively, the target and   maximum Annual Bonus are referred to as the "Annual Bonus Opportunity"). Employee's   Annual Bonus Opportunity may be periodically reviewed and increased by Company, but   may not be decreased without Employee's express written consent. Employee’s Annual   Bonus is subject to the Company’s clawback policy, pursuant to which the Company may   recoup all or a portion of any bonus paid if, after payment, there is a finding of fraud, a   restatement of financial results, or errors or omissions discovered that call into question the   business results on which the bonus was based.  If owed pursuant to the terms of the Annual   Bonus Plan, the Annual Bonus shall be paid no later than the March 15th first following the   calendar year to which the Annual Bonus relates. Unless provided otherwise herein or the   Board of Directors of Company (the "Board") determines otherwise, no Annual Bonus shall   be paid to Employee unless Employee is employed by Company, or an affiliate thereof, on   the Annual Bonus payment date;”   4. The following is inserted as Section 6 and all subsequent Sections are renumbered   accordingly:   “6. Compensation Policies.  Company has adopted certain compensation related   policies that apply to Employee.  Employee acknowledges that, as a corporate officer, he is   expected to maintain an ownership level in Company stock of at least two (2) times his   annual base salary and that following the vesting of any restricted shares granted to him,   Employee must hold 50% of those shares for at least six (6) months.  Employee further   represents that he has read and understands the Company’s policies regarding insider trading   and prohibiting the hedging and pledging of Company stock.”   5. Sections 8(f)(i) is deleted and the following is inserted in lieu thereof:   “(i) a material adverse change in Employee's position or title, or a material diminution   in Employee's managerial authority, duties or responsibilities or the conditions under which   such duties or responsibilities are performed (e.g., a material reduction in the number or   scope of department(s), functional group(s) or personnel over which Employee has   managerial authority), in each case as in effect as of immediately following the Effective   Date of the most recent Amendment to the Agreement;”   6. Section 9(a)(iv) is deleted and the following is inserted in lieu thereof:   “(iv) All stock option, restricted stock and other equity-based incentive awards   granted by Company that were outstanding but not vested as of the Date of   Termination shall become immediately vested and/or payable, as the case may be;”        





 







3         IN WITNESS WHEREOF the parties have executed this Amendment to be effective as   of the date first set forth above.       FIDELITY NATIONAL INFORMATION   SERVICES, INC.         By:  ___________//S//_______________   Its:  CEVP, Chief Administrative Officer           ANTHONY JABBOUR      ______________//S//________________