Document:

Exhibit
10.2

AMENDMENT
TO JOHN H. HARLAND COMPANY

2000 STOCK OPTION PLAN

The
John H. Harland Company 2000 Stock Option Plan is amended effective as of
December 19, 2006, as follows:

1.

By amending
Section 13 of the 2000 Stock Option Plan to read as follows:

In the event of a Change in Control, and the
agreement resulting in such Change in Control does not provide for the
assumption or substitution of Options, each Option Agreement at the direction
and discretion of the Board may be canceled unilaterally by the Company if (1)
any restrictions on the exercise of an Option are waived before the Option
Agreement is canceled such that the Employee has the opportunity to exercise
the Option in full before such cancellation, (2) the Company transfers to the
Employee shares of Stock, the number of which shall be determined by the
Company by dividing the excess of (a) the fair market value of the number of
shares which remain subject to the exercise of such Option as of any date over
the total Option Price for such shares by (b) the fair market value of a share
of Stock on such date, which number shall be rounded down to the nearest whole
number, or (3) the Company transfers to an Employee the same consideration
which the Employee otherwise would receive as a shareholder of the Company in
connection with such Change in Control if the Employee held the number of
shares of Stock which would have been transferable to him or to her under (2)
above if such number had been determined immediately before such Change in
Control.  In addition, in the event of a
Change in Control any and all outstanding issuance or forfeiture conditions on
any Restricted Stock automatically shall be deemed satisfied in full as of the
date of the consummation of the Change in Control.

A “Change in Control” means the Company sells
all or substantially all of its assets for cash or property or for a
combination of cash and property or consummates any merger, consolidation,
reorganization, division or other corporate transaction in which Stock is
converted into another security or into the right to receive securities or
property.

In addition, a “Change in Control” also shall be
deemed to occur upon a change in the composition of the Board that causes less
than a majority of the directors of the Company to be directors that meet one
or more of the following descriptions:

(a)           a
director who has been a director of the Company for a continuous period of at
least 24 months,

(b)           a
director who was serving on the Board as a result of the consummation of a sale
by the Company of all or substantially all of its assets or the consummation by
the Company of any merger, consolidation, reorganization, or business
combination with any person that would not be a Fundamental Change, or

 

 

(c)           a
director whose election or nomination as director was approved by a vote of at
least two-thirds of the directors described in clauses (a), (b) or (c) by prior
nomination or election, but excluding, for purposes of this clause (c), any
director whose initial assumption of office occurred as a result of an actual
or threatened (i) election contest with respect to the election or removal of
directors or other actual or threatened solicitation of proxies or consents by
or on behalf of a person or group other than the Board or (ii) tender offer,
merger, sale of substantially all of the Company’s assets, consolidation,
reorganization or business combination that would be a Fundamental Change on
the consummation thereof.

For purposes of
this amendment, a “Fundamental Change” shall be deemed to occur upon the
sale by the Company of all or substantially all of its assets or the
consummation by the Company of any merger, consolidation, reorganization, or
business combination with any person, in each case, other than in a
transaction:

(1)           in which persons who were shareholders of the Company
(immediately prior to such sale, merger, consolidation, reorganization, or
business combination) own, immediately thereafter, (directly or indirectly)
more than 50% of the combined voting power of the outstanding voting securities
of the purchaser of the assets or the merged, consolidated, reorganized or
other entity resulting from such corporate transaction (the “Successor Entity”);

(2)           in which the Successor Entity is an employee benefit plan
sponsored or maintained by the Company or any person controlled by the Company;
or

(3)           after which more than 50% of the members of the board of
directors of the Successor Entity were members of the Board at the time of the
action of the Board approving the transaction.

2.

Except as otherwise
amended, the Plan shall remain in full force and effect.Exhibit
10.3

AMENDMENT
TO JOHN H. HARLAND COMPANY

2002 STOCK OPTION PLAN

The
John H. Harland Company 2002 Stock Option Plan is amended effective as of
December 19, 2006, as follows:

1.

By amending
Section 7.4 to read as follows:

7.4   Payment of Option Price.  The Option Price shall be payable in full
upon the exercise of any Option.  At the
discretion of the Committee, an Option Agreement may provide for the payment of
the Option Price either (1) in cash, (2) by check acceptable to the Committee,
(3) by delivery of Stock acceptable to the Committee, or (4) by withholding
shares of Stock that otherwise would be issuable upon the exercise of the
Option, or in any combination of those payment methods.  Additionally, the Option Price may be paid
through any cashless exercise procedure acceptable to the Committee or its
delegate.  The value of any Stock
surrendered or withheld as payment in the exercise of an Option shall be equal
to the Fair Market Value of such Stock on the date of exercise.

2.

Except as otherwise
amended, the Plan shall remain in full force and effect.Exhibit
10.4

AMENDMENT
TO JOHN H. HARLAND COMPANY

2005 NEW EMPLOYEE STOCK OPTION PLAN

The
John H. Harland Company 2005 New Employee Stock Option Plan is amended
effective as of December 19, 2006, to add the following provision:

Notwithstanding any
contrary provision of the Plan, as of the effective time of the merger of H
Acquisition Corp., a Georgia corporation and wholly-owned subsidiary of M &
F Worldwide Corp., a Delaware corporation, with and into the Company (the “Merger”),
each Option outstanding as of the effective time of the Merger shall be
cancelled, and the holder thereof shall be entitled to receive, in
consideration for such cancellation, an amount in cash (less the amount of any
applicable tax withholding) equal to the excess, if any, of the per share
Merger consideration over the Option Price for the Option, multiplied by the
total number of shares of Stock subject to the Option, to be paid as promptly
as reasonably practicable following the effective time of the Merger.Exhibit
10.5

AMENDMENT
TO JOHN H. HARLAND COMPANY

2005 COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS
AS AMENDED

DECEMBER 15, 2005

Pursuant to the
power to amend reserved in Section 11 of the John H. Harland Company 2005
Compensation Plan for Non-Employee Directors As Amended December 15, 2005, (the
“Plan”), the Board of Directors of the John H. Harland Company amends the Plan,
as follows:

1.

By deleting
Section 3, Payment of Annual Retainer in Common Stock, effective for
fees for services performed after 2006; provided, however, that the fees for
meetings in December 2006 and the fourth installment of the 2006 annual
retainer shall continue to be paid in common stock pursuant to the Plan and the
elections of Directors.

2.

By revising the
first sentence of Section 4, Payment of Other Annual Retainers, to read
as follows:

The annual
retainer fee covering the calendar year shall be paid in cash, in such amount
as approved by the Company’s Board of Directors .  In addition, the Board may approve annual
cash fees for the Chairs of Board Committees and the Lead Director, if any.

3.

By deleting the
last sentence of Section 5, Meeting Fees.

4.

By deleting the
phrase “or stock equivalents” from the last sentence of Section 6(b)(i).

5.

By amending the
first sentence of Section 6(b)(ii) to read as follows:

The Director’s
Account shall be credited with the dollar amount of the deferral.

 

 

6.

By deleting the
text of Section 6(b)(iii)- (v) and substituting “[RESERVED]” in its place.

7.

By amending
Section 6(b)(vi) to read as follows:

The cash balance
in the Account shall be credited as of the payment date for any cash dividend
on the Common Stock by multiplying the per share dividend by the number of
stock equivalents credited to the Account. 
If the dividend paid on Common Stock is a stock dividend, the cash
balance shall be credited as of the payment date with an amount determined by
multiplying the per share dividend by the closing price of the Common Stock on
the New York Stock Exchange and multiplying that product by the number of stock
equivalents credited to the Director’s Account.

8.

By amending the
last sentence of Section 6(c)(v) to read as follows:

Distribution of
the value of the Account invested in stock equivalents will be made in cash in
an amount determined by multiplying the number of stock equivalents at the time
of distribution by the closing price of the Common Stock on the date of
distribution.

9.

The amendments
described above shall be effective January 1, 2007; provided, however, that the
fees for meetings in December 2006 and the fourth installment of the 2006
annual stock retainer shall continue to be paid or deferred in common stock
pursuant to the Plan and the elections of Directors.  Except as otherwise amended, the Plan shall
remain in full force and effect.Exhibit
10.6

AMENDMENT
TO JOHN H. HARLAND COMPANY

COMPENSATION PLAN FOR NON-EMPLOYEE DIRECTORS

Pursuant to the
power to amend reserved in Section 10 of the John H. Harland Company
Compensation Plan for Non-Employee Directors (the “Plan”), the Board of Directors
of the John H. Harland Company amends the Plan, as follows:

1.

By amending
Section 5(b)(vi) to read as follows:

The cash balance
in the Account shall be credited as of the payment date for any cash dividend
on the Common Stock by multiplying the per share dividend by the number of
stock equivalents credited to the Account. 
If the dividend paid on Common Stock is a stock dividend, the cash
balance shall be credited as of the payment date with an amount determined by
multiplying the per share dividend multiplied by the closing price of the
Common Stock on the New York Stock Exchange and multiplying that product by the
number of stock equivalents credited to the Director’s Account.

2.

By amending the
last sentence of Section 5(c)(v) to read as follows:

Distribution of
the value of the Account invested in stock equivalents will be made in cash in
an amount determined by multiplying the number of stock equivalents at the time
of distribution by the closing price of the Common Stock on the date of
distribution.

3.

Except as provided
in this paragraph 4, below, or in Section 9 of the Plan, Adjustment to
Shares of Stock Issuable Pursuant to Plan, no additional stock equivalents
shall be credited to a Director’s Account after 2006.

4.

The amendments
described above shall be effective January 1, 2007; provided, however, that the
fees for meetings in December 2006 and the fourth installment of the 2006
annual stock retainer shall continue to be paid or deferred in common stock
pursuant to the Plan and the elections of Directors.  Except as otherwise amended, the Plan shall
remain in full force and effect.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00115-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00115-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00115-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00115-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00115-of-00352.parquet"}]]