Document:

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                                                                    Exhibit 10.2
                                                                    ------------

February 14, 2000

Ms. Colleen Adstedt
10112 Country Club Curve
Woodbury, MN  55129

Dear Colleen:

It is my pleasure to formally offer you the position of Senior Vice President -
Human Resources of the new eFunds Corporation, reporting to Debra Janssen. This
offer is effective March 1, 2000.

The following confirms our discussions regarding your job offer, which is
subject to final approval by the Board's Compensation Committee in its next
meeting (February 25th):

Start date:       3/1/00.

Base Salary:      $200,000 annually, payable monthly.  This figure will next be
reviewed for possible adjustment as of January 1, 2001.

Target Bonus: Your target bonus will be 40% of base salary, or $80,000 annually.
In addition, this figure can range from 0% to 80% of base salary (or $0 to
$160,000), depending upon the company's performance against board-approved
annual operating plan measures. In all probability, your measures will be
identical to my own.

Stock option grant: Competitive market studies conducted by compensation
consultants suggest that your position should receive annual stock option grants
with value (as determined by the Black-Shoals method) equal to 75% of your base
salary. In addition, the Deluxe Board of Directors has determined that certain
senior officers of the new eFunds will be granted "double options" in this
formative year - i.e. options valued at 150% of your base salary. The exact
number of shares won't be finalized for another few weeks, but we intend to
grant you a number of options at the IPO strike price (which will vest in
thirds, on the first, second and third anniversary of the IPO) with approximate
value of $300,000. The next occasion for another option grant is expected to by
on or about January 1, 2002.

Severance: Should your employment be terminated for reasons other than willful
misconduct, gross negligence or unlawful actions toward the Company or toward
others involved with the Company's business (in other words, should you be
terminated because your job performance is judged inadequate, your job is
eliminated or any other similar reason), you will receive a severance package
consisting of one year's base salary, plus an additional six months of "income
continuation". Income continuation means that, if you are unemployed at the end
of the first year following termination from eFunds, or employed at a salary
level which is less than your eFunds base salary at the time of your
termination, eFunds would continue to pay your base salary (or the difference
between your eFunds base salary and whatever new salary you are earning) for up
to one additional year, or if earlier, until such time as your new salary equals
or exceeds your former eFunds salary.
<PAGE>

Medical/Dental insurance: You are eligible for medical and dental insurance for
you and your family on the first of the month following the date of hire.

Group Home & Group Auto: You are eligible for the Company's group home & auto
insurance program on the first of the month following the date of hire.

Life insurance: You are eligible for 1 times pay at Company cost, but you may
purchase an additional 6 times pay up to $1,000,000 through the Company's life
insurance plan. You may also purchase Dependent life insurance for your spouse
and children, up to $100,000 for your spouse and up to $25,000 for each child
under the age of 19 or age 23 if the child is a full-time student.

Retirement: While the new eFunds retirement plan has not been finalized, it is
expected to include a Defined Contribution Pension element of 4% of base salary,
a variable "profit sharing" component targeted at 3%, and a 401K plan in which
the company will match your contributions up to 3% of eligible wages.

Vacation:  You will be eligible for 5 weeks of annual vacation.

Long term disability: Your coverage remains as currently in place, unless the
new eFunds should change the policy later.

Physical exam: The Company pays for annual full physical exams for all
executives over the age of 45.

This agreement will supercede any existing written or oral agreement or
understanding regarding your employment with iDLX or the new eFunds Corporation.

Colleen, I hope these points resolve any questions or issues for you. If so,
please sign one copy and return it to me at your convenience in the enclosed
envelope. I can't tell you how pleased I am to be working with you to help the
eFunds Corporation develop and realize the great future ahead of us.

Best regards,

/s/ J.A. Blanchard III

Chairman and Chief Executive Officer

Accepted:  /s/ Collen Adstedt                        Date:  3/13/2000
           ---------------------------------               ------------

The understanding is that there will be more information forthcoming in the form
of an employment agreement or other letter, outlining the specifics of change of
control, stock option plan, etc. I will stay in iDLX benefit plans until a
formal change in plans occurs.<PAGE>

                                                                    Exhibit 10.8

                                  eBenX, INC.
                        EXECUTIVE EMPLOYMENT AGREEMENT

     This Executive Employment Agreement ("Agreement") dated as of February 23,
2001 is made and entered into between eBenX, Inc., a Minnesota corporation,
("the Company") and Thomas E. Kelly, an individual resident of the State of
Minnesota, ("the Employee").

     WHEREAS, the Company wishes to employ the Employee to render services for
the Company on the terms and conditions set forth in this Agreement, and the
Employee wishes to be retained and employed by the Company on such terms and
conditions.

     NOW, THEREFORE, in consideration of the premises and the respective
undertakings of the Company and the Employee set forth below, the Company and
the Employee agree as follows:

     Article 1.0  Definition.  Capitalized terms in this Agreement shall have
                  ----------
their defined meaning throughout the Agreement.  The following terms shall have
the meaning set forth below, unless the context clearly requires otherwise.

     1.01 Board.  "Board" shall mean the Board of Directors of the Company.
          -----

     1.02 Cause.  "Cause" shall mean termination by the Company of the
          -----
Employee's employment based upon: (i) the Employee's willful misconduct,
dishonesty, or other material violation of law or Company policies; or (ii)
actions (or failures to act) by the Employee in bad faith and to the detriment
of the Company.

     1.03 Change in Control.  A "Change in Control" of the Company shall be
          -----------------
deemed to have occurred if:

          (a) Any "person" (as such term is used in Sections 13(d) and 14(d)(2)
of the Securities Exchange Act of 1934, as amended (the "Exchange Act")) who did
not own shares of the capital stock of the Company on the date of grant of the
Option shall, together with his, her or its "Affiliates" and "Associates" (as
such terms are defined in Rule 12b-2 promulgated under the Exchange Act), become
the "Beneficial Owner" (as such term is defined in Rule 13d-3 promulgated under
the Exchange Act), directly or indirectly, of securities of the Company
representing fifty percent 50% or more of the combined voting power of the
Company's then outstanding securities (any such person being hereinafter
referred to as an "Acquiring Person");

          (b) The "Continuing Directors" (as hereinafter defined) shall cease to
constitute a majority of the Board; or

          (c) There should occur (i) any sale, lease, exchange or other transfer
(in one transaction or a series of related transactions) of all or substantially
all of the assets of the Company; or (ii) any liquidation or dissolution of the
Company; or (iii) any consolidation or merger involving the Company and the
Company shall not be the continuing or surviving corporation or the shares of
the Company's capital stock shall be converted into cash, securities or other
property; provided, however, that this subclause (iii) shall not apply to a
merger or consolidation in which (A) the Company is the surviving corporation
and (B) the shareholders of the Company immediately prior to the transaction
have the same proportionate ownership of the capital stock of the surviving
corporation immediately after the transaction.

          (d) The number of directors on the Board exceeds nine (9).

In the case of a Change of Control as described in Subsections (c)(i) or (iii),
the Options will be assumed by the surviving or acquiring corporation, as the
case may be.

     1.04 Confidential Information.  "Confidential Information" shall mean
          ------------------------
information that is proprietary to the Company, or to others and is entrusted to
the Company, whether or not trade secrets.  Confidential Information includes,
but is not limited to, information relating to designs, software (in source and
object code), technology strategies, business plans as to the business as
conducted or anticipated to be conducted by the Company, and to past or current
or anticipated products or services of the Company.  Confidential Information
also includes, without limitation, information concerning

                                      -1-
<PAGE>

the Company's research, development, purchasing, accounting, marketing, selling,
and services. All information that the Employee has a reasonable basis to
consider confidential is Confidential Information, whether or not originated by
the Employee and without regard to the manner in which the Employee obtains
access to it.

     1.05 Continuing Director.  "Continuing Director" shall mean any person who
          -------------------
is a member of the Board, while such person is a member of the Board, who is not
an Acquiring Person, an Affiliate or Associate of an Acquiring Person or a
representative of an Acquiring Person or of any such Affiliate or Associate and
who (i) was a member of the Board on the date of grant of the Option or (ii)
subsequently became a member of the Board, upon the nomination or
recommendation, or with the approval of, a majority of the Continuing Directors.

     1.06 Disability.  "Disability" shall mean the Employee's inability to
          ----------
perform the essential functions of the Employee's position, with or without
reasonable accommodation, provided the Employee has exhausted the Employee's
entitlement to any applicable leave, if the Employee desires to take and
satisfies all eligibility requirements for such leave.

     1.07 Effective Date.  "Effective Date" shall mean the date on page one
          --------------
hereof.

     1.08 Good Reason.  "Good Reason" shall mean the occurrence of any of the
          -----------
following events, except for the occurrence of such an event in connection with
the termination of the Employee's employment by the Company for Cause, for
Disability, or for death: (a) a material reduction in the employee's job duties
and responsibilities, (b) a material reduction in the Employee's compensation,
including the Employee's salary, bonus target percentage, and stock option
grants and vesting; (b) a requirement that the Employee relocate the Employee's
place of work more than twenty-five (25) miles from the Company's current
location in Plymouth, Minnesota.

     1.09 Inventions.  "Inventions" shall mean ideas, improvements, and
          ----------
discoveries, whether or not such are patentable or copyrightable, and whether or
not in writing or reduced to practice.

     1.10 Works of Authorship.  "Works of Authorship" shall mean any writings,
          -------------------
drawings, diagrams, charts, tables, databases, software (in object or source
code and recorded on any medium), and any other works of authorship, whether or
not such are copyrightable.

     Article 2.0  Employment.
                  ----------

     2.01 Service With The Company.  Under the terms and conditions set forth
          ------------------------
herein the Company hereby offers to continue to employ the Employee, and the
Employee accepts such employment, as Chief Financial Officer, commencing on or
about March 12,  2001 at the Company's principal place of business in Plymouth,
Minnesota.

     2.02 Performance of Duties.  The Employee agrees to serve the Company
          ---------------------
faithfully and to the best of the Employee's ability and to devote the
Employee's full-time, attention, and efforts to the business and affairs of the
Company during the term of the Employee's employment.  The Employee hereby
confirms that he is under no contractual commitments inconsistent with the
Employee's obligation set forth in this Agreement and that, during the term of
this Agreement, the Employee will not render or perform any services for
compensation for any other corporation, firm, entity, or person.

     Article 3.0  Compensation and Benefits.
                  -------------------------

     3.01 Base Salary.  As base compensation for all services to be rendered by
          -----------
the Employee under this Agreement during the term of this Agreement, the Company
shall pay to the Employee an annualized salary of one hundred and ninety
thousand dollars ($190,000). The Employee's salary shall be paid in accordance
with the Company's normal payroll procedures and policies, as such procedures
and policies may be modified from time to time and the Employee shall be
eligible for annual salary increases consistent with such policies and
procedures. Company's CEO will review Employee's salary on an annual basis.

     3.02 Incentive Compensation.  The Company shall make the Employee eligible
          ----------------------
for an annual bonus payment.  Payment of an annual bonus to the Employee will be
subject to the Company and the Employee achieving certain objectives set
annually by the CEO and the Board.  Subject to the foregoing, the Employee's
target bonus for each year of this Agreement will be thirty-five percent (35%)
of the Employee's base salary, with an opportunity for the Employee to

                                      -2-
<PAGE>

receive as little as zero or as much as seventy percent (70%) of his base salary
depending on Company and individual performance. Other benefits and conditions
of the bonus plan are subject to the terms of the Company's Management Incentive
Plan.

     3.03 Equity Participation.  The Company shall make the Employee eligible to
          --------------------
receive options to purchase the Company's common stock, subject to the terms and
conditions of the Company's stock option plan ("the Plan").  The Company agrees
to grant Employee an option to purchase 100,000 shares of the Company's stock at
the Employee's date of employment, and at a grant price of the fair market value
of the company's stock at the close of the market on the same day. The CEO and
the Company's Board of Directors will periodically review Employee's stock
option grants and, in its discretion, make additional grants and awards. In the
event of a change of control, 50% of all unvested stock option shares will vest
immediately, and the vesting period for any remaining unvested shares will be
cut in half.

     3.04 Participation in Benefits.  During the term of the Employee's
          -------------------------
employment with the Company, the Employee shall be entitled to participate in
the employee benefits offered generally by the Company to its employees, to the
extent that the Employee's position, tenure, salary, health, and other
qualifications make the Employee eligible to participate.  The Employee's
participation in such benefits shall be subject to the terms of the applicable
plans, as the same may be amended from time to time.  The Company does not
guarantee the adoption or continuance of any particular employee benefit plan
during the Employee's employment, and nothing in this Agreement is intended to,
or shall in any way restrict the right of the Company, to amend, modify, or
terminate any of its benefits during the term of the Employee's employment.

     Article 4.0  Term; Termination.
                  -----------------

     4.01 Term.  The Term of this Agreement shall be five (5) years from the
          ----
Effective Date.  The Employee's employment under this Agreement shall commence
upon the Effective Date and shall be terminable during the term of this
Agreement by either party for any reason or no reason upon a notice of thirty
(30) days.

     4.02 Termination by the Company for Cause.  Notwithstanding Section 4.01
          ------------------------------------
above, the Company may terminate this Agreement without notice for Cause.

     4.03 Termination by the Employee for Good Reason.  Notwithstanding Section
          -------------------------------------------
4.01 above, the Employee may terminate this Agreement without notice for Good
Reason.

     4.04 Termination in the Event of the Employee's Death or Disability.
          --------------------------------------------------------------
Notwithstanding Section 4.01 above, the Employee's employment under this
Agreement shall terminate in the event of the Employee's death or Disability.

     4.05 Termination by Mutual Agreement.  Notwithstanding Section 4.01 above,
          -------------------------------
the parties may terminate this Agreement at any time and upon any other terms or
conditions by mutual written agreement.

     4.06 Compensation Upon Termination.  As the Employee's sole and exclusive
          -----------------------------
compensation upon termination of the Employee's employment by either party
during the term of this Agreement, the Company shall pay the Employee as
follows:
               (a) If due to termination by the Company for Cause or by the
Employee without Good Reason, within ten (10) days after the termination date,
the Company shall pay the Employee any amounts due to him for base salary
through the termination date together with any other unpaid and pro rata amounts
of accrued paid time off and/or business expenses reimbursements that may be due
under the Company's policies, and all unvested option shares will be canceled
immediately.

               (b) If due to termination by the Company other than for Cause and
termination date is less than one year from the Employee's date of employment,
the Company shall pay the Employee his base salary in effect at the termination
date for a period of six months and 50% of the Employee's unvested stock option
shares will immediately vest.  If termination date is one year or more from date
of employment, then Company shall pay employee his base salary in effect at the
termination date for a period of one year and 100% of the Employee's unvested
stock option shares will immediately vest.  If such termination by the Company
other than for Cause occurs within one year after a Change of Control, the
Company shall pay the Employee his base salary in effect at the termination date
for a period of one year, plus

                                      -3-
<PAGE>

payment of Employee's bonus at target, and one hundred percent (100%) of the
Employee's unvested option shares will immediately vest.

               (c) If due to termination by the Employee for Good Reason and
termination date is less than one year from Employee's date of employment, the
Company shall pay the Employee his base salary in effect at the termination date
for a period of six months and 50% of the Employee's unvested option shares will
immediately vest.  If such termination occurs one year or more from Employee's
date of employment, the Company shall pay Employee his base salary in effect at
the termination date for a period of one year and 100% of Employee's unvested
stock option shares will immediately vest.  If such termination by the Company
other than for Cause occurs within one year after a Change of Control, the
Company shall pay the Employee his base salary in effect at the termination date
for a period of one year, plus payment of Employee's bonus at target, and one
hundred percent (100%) of the Employee's unvested option shares will immediately
vest.

               (d) Company shall continue to pay or reimburse Employee's
premiums for health coverage accorded to Employee under Article 3.04 during any
period of salary continuation pursuant to subclause (b) or (c), above. In the
event that any payment or benefit required to be made by Company under this
Article 4.06, either alone or in combination with any other payment or benefit
Employee is then entitled to receive, would constitute a "parachute payment"
(under Section 280(g) of the Internal Revenue Code), the Company and Employee
will negotiate in good faith a modification of this Article with the intention
of maximizing Employee's net after tax benefit, while at the same time not
adversely affecting the company. The Company shall have no duty or obligation to
employ the Employee following any termination by the Company or the Employee.

     4.07 Survival.  The provisions of Article 4.0 (relating to termination
          --------
rights and the provision of compensation and benefits beyond the termination of
this Agreement) shall survive termination of this Agreement for any reason.  The
provisions of Article 5.0 (relating to confidential information and intellectual
property rights of the Company), the provisions of Article 6.0 (relating to non-
competition, no raiding, and non-solicitation), the provisions of Article 7.0
(relating to dispute resolution) and the provisions of Article 8.0 (relating to
miscellaneous terms and conditions) shall survive the expiration of the term of
this Agreement and the termination of this Agreement for any reason.

     Article 5.0  Confidential Information; Intellectual Property.
                  -----------------------------------------------

     5.01 Prohibitions Against Unauthorized Use.  The Employee shall not use or
          -------------------------------------
disclose, other than in connection with the Employee's employment with the
Company, any Confidential Information to any person not employed by the Company
or not authorized by the Company to receive such Confidential Information,
without the prior written consent of the Company during the term of this
Agreement or at any time thereafter.  The Employee shall use reasonable and
prudent care to safeguard and prevent the unauthorized use and disclosure of
Confidential Information.

     5.02 Exclusions.  The obligations under Section 5.01 above shall not apply
          ----------
to any information that: (a) is now or becomes generally available to the public
through no fault of the Employee; (b) was already known to the Employee, as
shown by his books and records, prior to disclosure of same by the Company; (c)
is or was independently developed or acquired by the Employee without any use of
or reliance on Confidential Information; (d) is or was provided to the Employee
by a third party not under any obligation of confidentiality to the Company; or
(e) is required to be disclosed by law, provided, however, the Employee shall
render reasonable cooperation, at the Company's expense, to lawfully prevent or
minimize any such public disclosure of Confidential Information through
protective orders or other similar matters.

     5.03 Ownership and Return of Company Property.  All Confidential
          ----------------------------------------
Information or other Company property in the Employee's possession, custody, or
control, including, without limitation, all documents, reports, manuals,
business plans, minutes, memoranda, computer software, computer databases,
computer print-outs, member or customer lists, credit cards, keys,
identification, products, access cards, and all other tangible or intangible
property relating in any way to the business of the Company are the exclusive
property of the Company, even if the Employee authored, created, or assisted in
authoring or creating such property.  The Employee shall return to the Company
all such Confidential Information or other property immediately upon termination
of employment for any reason whatsoever or at such earlier time as the Company
reasonably requests.

     5.04 Disclosure and Assignment of Inventions and Other Works.  The Employee
          -------------------------------------------------------
shall promptly disclose to the Company in writing all Inventions and Works of
Authorship, which are conceived, made, discovered, written, or created by

                                      -4-
<PAGE>

the Employee alone or jointly with another person, group, or entity, whether
during the normal hours of his employment at the Company or on the Employee's
own time, during the term of this Agreement and for two (2) year following the
termination of the Employee's employment with the Company for any reason
whatsoever. The Employee hereby assigns all rights to such Inventions and Works
of Authorship to the Company. The Employee shall give the Company all the
assistance it reasonably requires for the Company to perfect, protect, and use
its rights to such Inventions and Works of Authorship. The Employee shall sign
all documents, take all actions, and supply all information that the Company
considers necessary or desirable to transfer or record the transfer of the
Employee's entire right, title, and interest in such Inventions and Works of
Authorship and to enable the Company to obtain exclusive patent, copyright, or
other legal protection for Inventions and Works of Authorship anywhere in the
world, provided, that the Company shall bear all reasonable expenses of the
Employee in rendering such cooperation.

     5.05 Exclusions.  Notwithstanding Section 5.04 above, the following shall
          ----------
not be deemed Inventions or Works of Authorship assigned to the Company by the
Employee hereunder: any Invention or Work of Authorship for which no equipment,
supplies, facility, or Confidential Information of the Company was used and
which was developed entirely on the Employee's own time, and which (a) does not
relate (i) directly to the business of the Company or (ii) to the Company's
actual or demonstrably anticipated research or development, or (b) does not
result from any work performed by the Employee for the Company.

     Article 6.0  Non-Competition, No Raid, and Non-Solicitation Covenants.
                  --------------------------------------------------------

     6.01 Non-Competition Covenant.  Subject to Section 6.02 below, during the
          ------------------------
term of this Agreement and for a period of one (1)  year following the
termination of the Employee's employment with the Company for any reason
whatsoever, the Employee shall not, directly or indirectly, engage in any
business activity on his own behalf or as a partner, shareholder, director,
trustee, principle, agent, officer, employee, consultant, or otherwise of any
person or entity the business of which is the same as, similar to, or
competitive with any business of the Company, or which is engaged in the
development or production of products intended to compete with the Company, or
assist, solicit, entice, or induce any other person to engage in any such
activity.  For purposes hereof, "shareholder" shall not include beneficial
ownership of less than five percent (5%) of the combined voting power of all
issued and outstanding voting securities of a publicly-held corporation whose
stock is traded on a major stock exchange or quoted on NASDAQ.

     6.02 Company's Option to Revise.  At its sole option, the Company may, by
          --------------------------
written notice to the Employee, after the termination of the Employee's
employment, waive or limit the line of business, time period, and/or geographic
area in which the Employee is prohibited from engaging in competitive activity
under Section 6.01 above.

     6.03 Covenant Not to Recruit.  The Employee hereby acknowledges that the
          -----------------------
Company's employees, consultants, and other contractors constitute vital and
valuable aspects of its business and missions on a world-wide basis.  In
recognition of that fact, for a period of two (2) years following the
termination of the Employee's employment with the Company for any reason
whatsoever, the Employee shall not solicit, or assist anyone else in the
solicitation of, any of the Company's then current employees, consultants, or
other contractors to terminate their respective relationships with the Company
and to become employees, consultants, or contractors of any enterprise with
which the Employee may then be associated, affiliated, or connected.

     6.04 Covenant Not to Solicit.  The Employee hereby acknowledges that the
          -----------------------
Company's customers constitute vital and valuable aspects of its business on a
world-wide basis.  In recognition of that fact, for a period of two (2) years
following the termination of the Employee's employment with the Company for any
reason whatsoever, the Employee shall not solicit, or assist anyone else in the
solicitation of, any of the Company's then current customers to terminate their
respective relationships with the Company and to become customers of any
enterprise with which the Employee may then be associated, affiliated, or
connected.

     Article 7.0  Dispute Resolution.
                  ------------------

     7.01 Procedure for Arbitration.  Except as provided in Section 7.02 below,
          -------------------------
any dispute arising out of or relating to this Agreement or the alleged breach
of it, or the making of this Agreement, including claims of fraud in the
inducement, or any dispute arising from or related in any way to the Employee's
employment, including any statutory or tort claims, which has not been settled
through negotiation within a period of thirty (30) days after the date on which
either party shall first have notified the other party in writing of the
existence of a dispute, shall be settled by final and binding

                                      -5-
<PAGE>

arbitration pursuant to the provisions of this Agreement and under the then
applicable arbitration rules of the American Arbitration Association ("AAA"),
unless such rules are inconsistent with the provisions of this Agreement. Any
such arbitration shall be conducted by: (a) neutral arbitrator appointed by
mutual agreement of the parties; or (b) failing such agreement, in accordance
with said rules. The arbitrator shall be an experienced attorney with a
background in employment law. An arbitral award may be enforced in any court of
competent jurisdiction. Each party shall be permitted reasonable discovery,
including the production of relevant documents by the other party, the exchange
of witness lists, and a limited number of depositions, including depositions of
any expert who will testify at the arbitration. The summary judgment procedure
applicable in Hennepin County, Minnesota, District Court, shall be available and
apply to any arbitration conducted pursuant to this Agreement. The arbitrator
shall have the authority to award to the prevailing party any remedy or relief
that a court of the State of Minnesota could order or grant, including costs and
attorneys' fees. Unless otherwise agreed by the parties, the place of any
arbitration proceeding shall be Minneapolis, Minnesota.

     7.02 Litigation Rights Reserved.  If any dispute arises with regard to the
          --------------------------
unauthorized use or infringement of Confidential Information by the Employee or
with regard to the Employee's breach or a threatened breach of the covenants in
Article 6.0 hereof, the Company may seek any available remedy at law or in
equity from a court of competent jurisdiction.

     Article 8.0  General Provisions.
                  ------------------

     8.01 Governing Law.  This Agreement is made under and shall be governed by
          -------------
and construed in accordance with the laws of the State of Minnesota without
regard to conflicts of laws principles thereof.

     8.02 Prior Agreements.  This Agreement (including other agreements
          ----------------
specifically mentioned in this Agreement) contains the entire agreement of the
parties relating to the employment of the Employee by the Company and the other
matters discussed herein and supercedes all prior promises, contracts,
agreements, and understandings of any kind, whether express or implied, oral or
written, with respect to such subject matter (including, but not limited to, any
promise, contract, or understanding, whether express or implied, oral or
written, by and between the Company and the Employee) and the parties hereto
have made no agreements, representations, or warranties relating to the subject
matter of this Agreement which are not set forth herein or in the other
agreements mentioned herein.

     8.03 Withholding Taxes.  The Company may take such action as it deems
          -----------------
appropriate to ensure that all applicable federal, state, city, and other
payroll, withholding, income, or other taxes arising from any compensation,
benefits, or any other payments made pursuant to this Agreement, or any other
contract, agreement, or understanding which relates, in whole or in part, to the
Employee's employment with the Company, are withheld or collected from the
Employee.  In connection with the foregoing, the Employee agrees to notify the
Company promptly upon entering into any contract, agreement, or understanding
relating to the Employee's employment with the Company and also to notify the
Company promptly of any payments or benefits paid or otherwise made available
pursuant to any such agreements.

     8.04 Amendments.  No amendment or modification of this Agreement shall be
          ----------
deemed effective unless made in writing and signed by the Employee and the
Company.

     8.05 No Waiver.  No term or condition of this Agreement shall be deemed to
          ---------
have been waived, nor shall there be any estoppel to enforce any provisions of
this Agreement, except by a statement in writing signed by the party against
whom enforcement of the waiver or estoppel is sought.  Any written waiver shall
not be deemed a continuing waiver unless specifically stated, shall operate only
as to the specific term or condition waived, and shall not constitute a waiver
of such term or condition for the future or as to any act other than as
specifically set forth in the waiver.

     8.06 Assignment.  This Agreement shall not be assignable, in whole or in
          ----------
part, by any party without the written consent of the other party, except that
the Company may, without the consent of the Employee, assign its rights and
obligations under this Agreement to any corporation, firm, or other business
entity with or into which the Company may merge or consolidate, or to which the
Company may sell or transfer all or substantially all of its assets, or of which
fifty percent (50%) or more of the equity investment and of the voting control
is owned, directly or indirectly, by, or is under common ownership with, the
Company.  After any such assignment by the Company, the Company shall be
discharged from all further liability hereunder and such assignee shall
thereafter be deemed to be the Company for the purposes of all provisions of
this Agreement including this Section 8.06.

                                      -6-
<PAGE>

     8.07 Injunctive Relief.  The Employee acknowledges and agrees that the
          -----------------
services to be rendered by the Employee hereunder are of a special, unique, and
extraordinary character, that it would be difficult to replace such services and
that any breach or threatened breach of the covenants in Article 6.0 hereof
would be highly injurious to the Company and that it would be extremely
difficult to compensate the Company fully for damages for any such violation.
Accordingly, the Employee specifically agrees that the Company shall be entitled
to temporary and permanent injunctive relief to enforce the provisions of the
covenants of Article 6.0 hereof, and that such relief may be granted without the
necessity of proving actual damages and without necessity of posting any bond.
This provision with respect to injunctive relief shall not, however, diminish
the right of the Company to claim and recover damages, or to seek and obtain any
other relief available to it at law or in equity, in addition to injunctive
relief.

     8.08 Construction.  Where ever possible, each provision of this Agreement
          ------------
shall be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Agreement shall be prohibited by or
invalid under applicable law, such provision shall be ineffective only to the
extent of such prohibition or invalidity without invalidating the remainder of
such provision or the remaining provisions of this Agreement.  In furtherance of
and not in limitation of the foregoing, the parties agree that, should the
duration of, geographical extent of, or business activities covered by, any
provision of this Agreement be in excess of that which is valid or enforceable
under applicable law in a given jurisdiction, then such provision, as to such
jurisdiction only, shall be construed to cover only that duration, extent, or
activities that may validly or enforceably be covered.  The Employee
acknowledges the uncertainty of the law in this respect and expressly stipulates
that this Agreement shall be construed in a manner that renders its provisions
valid and enforceable to the maximum extent (not exceeding its express terms)
possible under applicable law in each applicable jurisdiction.

     8.09 Captions.  The various headings or captions in this Agreement are for
          --------
convenience only and shall not affect the meaning or interpretation of this
Agreement.

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
set forth in the first paragraph.

Dated:  March 5, 2001
      --------------------    eBenX, INC.

                              By        /s/   John J. Davis

                                    ____________________________________
                              Its   Chief Executive Officer

                                    ____________________________________

Dated:  February 23, 2001     /s/  Thomas E. Kelly
      --------------------    ------------------------------------------
                              Thomas E. Kelly

                                      -7-

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