Document:

Form of Director Indemnification Agreement

 Exhibit 10.10 
 DIRECTOR INDEMNIFICATION AGREEMENT 
 Indemnification Agreement (this “Agreement”), dated as
of                     , 2006 between The Western Union Company, a Delaware corporation (the “Company”), and
                    (“Indemnitee”). 
 W I T N E S S E T H: 
 WHEREAS, highly competent persons have become more reluctant to serve as directors of
publicly-held corporations unless they are provided with adequate protection through insurance and indemnification against risks of claims and actions against them arising out of their service to and activities on behalf of the corporation.

 WHEREAS, directors are increasingly being subjected to expensive and time-consuming litigation relating to, among other things, matters
that traditionally would have been brought only against the corporation itself. 
 WHEREAS, the Board of Directors of the Company (the
“Board”) has determined that, in order to attract and retain qualified individuals, the Company will attempt to maintain on an ongoing basis, at its sole expense, liability insurance to protect persons serving the Company and its
subsidiaries from certain liabilities. Nevertheless, the Board recognizes the limitations on the protection provided by liability insurance and the uncertainties as to the scope and level of such coverage that may be available in the future.

 WHEREAS, the Company’s directors have certain existing indemnification arrangements pursuant to the Company’s certificate of
incorporation and bylaws and may be entitled to indemnification pursuant to the General Corporation Law of the State of Delaware (“DGCL”). Nevertheless, the Board recognizes the limitations on the protection provided by such
indemnification and the uncertainties as to its availability in any particular situation. 
 WHEREAS, the Board believes that in light of the
limitations and uncertainties about the protection provided by the Company’s liability insurance and existing indemnification arrangements and the impact these uncertainties may have on the Company’s ability to attract and retain qualified
individuals to serve as directors, the Company should act to assure such persons that there will be increased certainty of such protection in the future. 
 WHEREAS, it is reasonable, prudent and necessary for the Company contractually to obligate itself to indemnify, and to advance expenses on behalf of, such persons to the fullest extent permitted by applicable law so
that they will serve or continue to serve the Company free from undue concern that they will not be adequately protected. 

 WHEREAS, Indemnitee is concerned that the protection provided under the Company’s liability
insurance and existing indemnification arrangements may not be adequate and may not be willing to serve as a director of the Company without greater certainty concerning such protection, and the Company desires Indemnitee to serve in such capacity
and is willing to provide such greater certainty. 
 NOW, THEREFORE, in consideration of the premises and the covenants contained herein, the
Company and Indemnitee do hereby covenant and agree as follows: 
 ARTICLE 1 
 CERTAIN DEFINITIONS 
 (a) As used in this Agreement:

 “Change in Control” shall be deemed to have occurred in any one of the following circumstances occurring after the date
hereof: (i) there shall have occurred an event required to be reported with respect to the Company in response to Item 6(e) of Schedule 14A of Regulation 14A (or in response to any similar item on any similar schedule or form) under the
Exchange Act, regardless of whether the Company is then subject to such reporting requirement; (ii) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Exchange Act) shall have become, without
prior approval of the Company’s Board, the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 15% or more of the combined voting power of the
Company’s then outstanding voting securities (provided that as used in this clause (ii), the term “person” shall exclude a trustee or other fiduciary holding securities under an employee benefit plan of the Company); (iii) there
occurs a merger or consolidation of the Company with any other entity, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to
represent (either by remaining outstanding or by being converted into voting securities of the surviving or resulting entity) more than 51% of the combined voting power of the voting securities of the surviving or resulting entity outstanding
immediately after such merger or consolidation and with the power to elect at least a majority of the board of directors or other governing body of such surviving or resulting entity; (iv) all or substantially all the assets of the Company are
sold or otherwise disposed of in a transaction or series of related transactions; (v) the approval by the stockholders of the Company of a complete liquidation of the Company or the sale or other disposition of all or substantially all of the
assets of the Company; or (vi) the individuals who on the date hereof constitute the Board (including, for this purpose, any new director 
  

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 whose election or nomination for election by the Company’s stockholders was approved by a vote of at least a
majority of the directors then still in office who were directors on the date hereof or whose election or nomination was so approved) cease for any reason to constitute at least a majority of the members of the Board. 
 “Corporate Status” means the status of a person who is or was a director, officer, employee or agent of the Company or who is or was
serving at the request of the Company as a director, officer, employee or agent of any other Enterprise. 
 “Disinterested
Director” means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification or advancement of expenses is sought by Indemnitee. 
 “Enterprise” means any corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other person
or enterprise. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
 “Expenses” means all costs and expenses (including, without limitation, fees and expenses of counsel, retainers, court costs, transcript
costs, fees of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage and delivery service fees) incurred in connection with prosecuting, defending, preparing to prosecute or defend,
investigating, being or preparing to be a witness in, or otherwise participating in, a Proceeding. Expenses shall include expenses incurred in connection with any appeal resulting from any Proceeding including, without limitation, the premium,
security for and other costs relating to any cost bond, supersedeas bond or other appeal bond or its equivalent. 
 “Independent
Counsel” means a law firm, or a member of a law firm, that is experienced in matters of corporate law and neither currently is, nor in the five years previous to its selection or appointment has been, retained to represent (i) the
Company or Indemnitee in any matter material to either such party (provided that acting as an Independent Counsel under this Agreement or in a similar capacity with respect to any other indemnification arrangements between the Company and its
present or former directors shall not be deemed a representation of the Company or Indemnitee) or (ii) any other party to the Proceeding giving rise to a claim for indemnification or advancement of expenses hereunder. Notwithstanding the
foregoing, the term “Independent Counsel” shall not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an
action to determine Indemnitee’s rights under this Agreement. 
  

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 “Liabilities” means all judgments, fines (including any excise taxes assessed with
respect to any employee benefit plan), penalties and amounts paid in settlement and other liabilities (including all interest, assessments and other charges paid or payable in connection with or in respect of any such amounts) arising out of or in
connection with any Proceeding; provided that Liabilities shall not include any Expenses. 
 “person” means an
individual, corporation, partnership, limited liability company, association, trust or other entity or organization. 
 “Proceeding” includes any threatened, pending or completed action, suit or other proceeding (which shall include an arbitration or other alternate dispute resolution mechanism or an inquiry, investigation or administrative
hearing), whether civil, criminal, administrative or investigative in nature (including any appeal therefrom) and whether instituted by or on behalf of the Company or any other party, in any such case, in which Indemnitee was, is or may be involved
as a party or otherwise by reason of any Corporate Status of Indemnitee or by reason of any action taken (or failure to act) by him or on his part while serving in any Corporate Status (in each case, whether or not serving in such capacity at the
time any liability or expense is incurred for which indemnification or advancement of expenses can be provided under this Agreement), or any inquiry or investigation that Indemnitee in good faith believes might lead to the institution of any such
action, suit or other proceeding; provided that Proceeding shall not include an action, suit or other proceeding contemplated by Section 8.06(b). 
 (b) For the purposes of this Agreement: 
 References to the “Company” shall include, in
addition to the surviving or resulting corporation in any merger or consolidation, any constituent corporation (including any constituent of a constituent) absorbed in a merger or consolidation which, if its separate existence had continued, would
have had power and authority to indemnify its directors, officers, employees or agents, so that if Indemnitee is or was a director, officer, employee or agent of such constituent corporation or is or was serving at the request of such constituent
corporation as a director, officer, employee or agent of another Enterprise, then Indemnitee shall stand in the same position under the provisions of this Agreement with respect to the surviving or resulting corporation as Indemnitee would have with
respect to such constituent corporation if its separate existence had continued. 
 References to “director, officer, employee or
agent” shall include a trustee, general partner, managing member, fiduciary or board of directors’ committee member. 
 References to “serving at the request of the Company” shall include any service as a director, officer, employee or agent of the Company or any other Enterprise which imposes duties on, or involves services by, such
director, officer, employee or agent with respect to an employee benefit plan, its 
  

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 participants or beneficiaries; and a person who acted in good faith and in a manner such person reasonably believed to be
in the best interests of the participants and beneficiaries of an employee benefit plan shall be deemed to have acted in a manner “not opposed to the best interests of the Company”. 
 ARTICLE 2 
 SERVICES BY INDEMNITEE

 Section 2.01. Services By Indemnitee. Indemnitee hereby agrees to serve or continue to serve as a director of the Company, for so
long as Indemnitee is duly elected or appointed or until Indemnitee tenders his resignation or is removed. 
 ARTICLE 3 
 INDEMNIFICATION 
 Section 3.01.
General. (a) The Company hereby agrees to and shall indemnify Indemnitee and hold him harmless, to the fullest extent permitted by applicable law, from and against any and all Expenses and Liabilities actually and reasonably incurred by
Indemnitee or on Indemnitee’s behalf in connection with a Proceeding. The phrase “to the fullest extent permitted by applicable law” shall include: 
 (i) to the fullest extent permitted by the DGCL as in effect on the date of this Agreement, and 
 (ii) to the fullest extent authorized or permitted by any amendments to or replacements of the DGCL adopted after the date of this
Agreement that increase the extent to which a corporation may indemnify its officers and directors. 
 (b) To the extent that Indemnitee is a
party to (or a participant in) and is successful, on the merits or otherwise, in the defense of any Proceeding or any claim, issue or matter therein, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by him
or on his behalf in connection therewith. If Indemnitee is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in any Proceeding, the Company shall indemnify Indemnitee against all Expenses actually
and reasonably incurred by him or on his behalf in connection with each successfully resolved claim, issue or matter and any claim, issue or matter related to each such successfully resolved claim, issue or matter. For purposes of this
Section 3.01(b) and without limitation, the termination of any Proceeding or any claim, issue or matter in a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to such Proceeding, claim, issue or
matter. 
  

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 (c) To the extent that Indemnitee is, by reason of his Corporate Status, a witness in any Proceeding to
which Indemnitee is not a party, he shall be indemnified against all Expenses actually and reasonably incurred by him or on his behalf in connection therewith. 
 Section 3.02. Exclusions. Notwithstanding any provision of this Agreement to the contrary (including Section 3.01 and Section 4.01), the Company shall not be obligated under this Agreement to
indemnify (or advance expenses) in connection with: 
 (a) any claim made against Indemnitee (i) for an accounting of profits made from
the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company pursuant to Section 16(b) of the Exchange Act or similar provisions of state statutory law or common law or (ii) for reimbursement to the Company of
any bonus or other incentive-based or equity-based compensation or of any profits realized by Indemnitee from the sale of securities of the Company in each case as required under the Exchange Act; 
 (b) except for an action, suit or other proceeding contemplated by Section 8.06(b), any action, suit or other proceeding (or part thereof) initiated
by Indemnitee (including any such action, suit or other proceeding (or part thereof) initiated by Indemnitee against the Company or its directors, officers, employees, agents or other indemnitees), unless (i) the Board authorized the action,
suit or other proceeding (or part thereof) prior to its initiation or (ii) the Company provides the indemnification, in its sole discretion, pursuant to the powers vested in the Company under applicable law; or 
 (c) any claim, issue or matter in a Proceeding by or in the right of the Company to procure a judgment in its favor as to which Indemnitee shall have
been adjudged to be liable to the Company unless and only to the extent the Delaware Chancery Court or the court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all
circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity for such expenses which the Delaware Chancery Court or such other court shall deem proper. 
 ARTICLE 4 
 ADVANCEMENT OF EXPENSES;
DEFENSE OF CLAIMS 
 Section 4.01 . Advances. The Company shall advance any Expenses
incurred by Indemnitee or on his behalf in connection with a Proceeding within 20 days after receipt by the Company of a written request for advancement of expenses, which request may be delivered to the Company at such time and from time to time as
Indemnitee deems appropriate in his sole discretion (whether prior to or after final disposition of any such Proceeding). Advances shall be made without regard to Indemnitee’s ability to repay such amounts and without regard 
  

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 to Indemnitee’s ultimate entitlement to indemnification under this Agreement or otherwise. Any such advances shall
be made on an unsecured basis and be interest free. 
 Section 4.02. Repayment of Advances or Other Expenses. Indemnitee agrees that
Indemnitee shall reimburse the Company for all amounts advanced by the Company pursuant to Section 4.01 if it is ultimately determined that Indemnitee is not entitled to be indemnified by the Company for such Expenses. Notwithstanding the
foregoing, if Indemnitee seeks a judicial adjudication or an arbitration pursuant to Section 6.01(a), Indemnitee shall not be required to reimburse the Company pursuant to this Section 4.02 until a final determination (as to which all
rights of appeal have been exhausted or lapsed) has been made. 
 Section 4.03. Defense Of Claims. The Company will be entitled to
participate in any Proceeding at its own expense. The Company shall not settle any Proceeding (in whole or in part) which would impose any Expense, Liability or limitation on Indemnitee without Indemnitee’s prior written consent, such consent
not to be unreasonably withheld. Indemnitee shall not settle any Proceeding (in whole or in part) which would impose any Expense, Liability or limitation on the Company without the Company’s prior written consent, such consent not to be
unreasonably withheld. 
 ARTICLE 5 
 PROCEDURES FOR NOTIFICATION OF AND DETERMINATION OF ENTITLEMENT TO INDEMNIFICATION

 Section 5.01. Request For Indemnification. (a) Indemnitee shall notify the Company in writing as soon as reasonably
practicable (i) after being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or (ii) if the Company has not been previously notified, after receipt of written
notice of any other matter with respect to which Indemnitee intends to seek indemnification or advancement of expenses under Section 3.01 and Section 4.01. The omission by Indemnitee to so notify the Company will not relieve the Company
from any liability which it may have to Indemnitee (i) under this Agreement except and only to the extent the Company can establish that such omission to notify resulted in actual material prejudice to the Company or (ii) otherwise than
under this Agreement. 
 (b) Indemnitee may thereafter deliver to the Company a written request for indemnification pursuant to this
Agreement at such time and from time to time as Indemnitee deems appropriate in his sole discretion, which request shall also be deemed a request for advancement of expenses under Section 4.01. 
 Section 5.02. Determination of Entitlement. (a) Except as otherwise provided pursuant to Section 3.01(b) and
Section 3.01(c), upon the final disposition of the matter that is the subject of the request for indemnification 
  

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 delivered pursuant to Section 5.01(b), a determination shall be made with respect to Indemnitee’s entitlement
thereto in the specific case. If a Change in Control shall not have occurred, such determination shall be made (i) by a majority vote of the Disinterested Directors or of a committee of Disinterested Directors designated by a majority vote of
the Disinterested Directors (in either case, even though less than a quorum of the Board) or (ii) if there are no Disinterested Director or the Disinterested Directors so direct, by Independent Counsel. If a Change in Control shall have
occurred, such determination shall be made by Independent Counsel. Any determination made by Independent Counsel pursuant to this Section 5.02(a) shall be in the form of a written opinion to the Board, a copy of which shall be delivered to
Indemnitee. Indemnitee shall reasonably cooperate with the person or persons making such determination including providing to such person or persons upon reasonable advance request any documentation or information which is not privileged or
otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination. Any costs or expenses (including fees and expenses of counsel) incurred by Indemnitee in so cooperating with the
person or persons making such determination shall be borne by the Company (irrespective of the determination as to Indemnitee’s entitlement to indemnification), and the Company hereby indemnifies and agrees to hold Indemnitee harmless
therefrom. 
 (b) If the determination is to be made by Independent Counsel, such Independent Counsel shall be selected as provided in this
Section 5.02(b). If a Change in Control shall not have occurred, the Independent Counsel shall be selected by the Board, and the Company shall give written notice to Indemnitee advising him of the identity of the Independent Counsel so
selected. If a Change in Control shall have occurred, the Independent Counsel shall be selected by Indemnitee (unless Indemnitee shall request that such selection be made by the Board, in which event the preceding sentence shall apply), and
Indemnitee shall give written notice to the Company advising it of the identity of the Independent Counsel so selected. In either case, the party receiving the notice may, within 10 days after receipt thereof, deliver to the other a written
objection to such selection; provided that such objection may be asserted only on the ground that the Independent Counsel so selected does not meet the requirements of “Independent Counsel” as defined in Article 1 of this Agreement,
and the objection shall set forth with particularity the factual basis of such assertion. Absent a proper and timely objection, the person so selected shall act as Independent Counsel. If a proper and timely objection is made, the counsel selected
may not serve as Independent Counsel unless and until such objection is withdrawn or a court of competent jurisdiction (or, at Indemnitee’s option pursuant to Section 6.01, an arbitration) has determined that such objection is without
merit. If, within 20 days after receipt by the Company of a request for indemnification pursuant to Section 5.01(b), no Independent Counsel shall have been selected and not objected to, either the Company or Indemnitee may petition a court of
competent jurisdiction (or, at Indemnitee’s option pursuant to Section 6.01, an arbitration) for resolution of any objection which shall have been made to the selection of Independent Counsel and/or for the appointment of another person as
Independent 
  

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 Counsel, and the person with respect to whom all objections are so resolved or the person so appointed shall act as
Independent Counsel. The Company agrees to pay the reasonable fees and expenses of any Independent Counsel appointed pursuant to this Section and to indemnify such person against any and all expenses, claims, liabilities and damages arising out of
or relating to this Agreement or its engagement pursuant hereto except for gross negligence or willful misconduct. 
 (c) If it is determined
that Indemnitee is entitled to indemnification, payment to Indemnitee shall be made within 10 days after such determination. 
 Section
5.03. Presumptions and Burdens of Proof; Effect of Certain Proceedings. (a) In making any determination as to Indemnitee’s entitlement to indemnification hereunder, Indemnitee shall be entitled to a presumption that he is
entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification in accordance with Section 5.01(b), and the Company shall have the burdens of coming forward with evidence and of persuasion to overcome
that presumption. 
 (b) The termination of any Proceeding or of any claim, issue or matter therein by judgment, order, settlement or
conviction, or upon a plea of nolo contendere or its equivalent, shall not of itself create a presumption (i) that Indemnitee did not act in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests
of the Company, (ii) that with respect to any criminal Proceeding, Indemnitee had reasonable cause to believe that his conduct was unlawful or (iii) that Indemnitee did not otherwise satisfy the applicable standard of conduct to be
indemnified pursuant to this Agreement. 
 (c) For purposes of any determination of good faith, Indemnitee shall be deemed to have acted in
good faith if Indemnitee’s action is based on the records or books of account of the Company or other Enterprise, as applicable, including financial statements, or on information supplied to Indemnitee by the officers of such entity in the
course of their duties, or on the advice of legal counsel for such entity or on information or records given or reports made to such entity by an independent certified public accountant, appraiser or other expert selected with reasonable care by
such entity. The provisions of this Section 5.03(c) shall not be deemed to be exclusive or to limit in any way other circumstances in which Indemnitee may be deemed or found to have met the applicable standard of conduct to be indemnified
pursuant to this Agreement. 
 (d) The knowledge or actions or failure to act of any other director, officer, employee or agent of the
Company or other Enterprise, as applicable, shall not be imputed to Indemnitee for purposes of determining Indemnitee’s right to indemnification under this Agreement. 
 (e) If a determination as to Indemnitee’s entitlement to indemnification shall not have been made pursuant to this Agreement within 60 days after
the final 
  

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 disposition of the matter that is the subject of the request for indemnification, the requisite determination of
entitlement to indemnification shall be deemed to have been made in favor of Indemnitee, and Indemnitee shall be entitled to such indemnification, absent a misstatement of a material fact in the information provided by Indemnitee pursuant to
Section 5.01(b) and Section 5.02(a) or an omission of a material fact necessary in order to make the information provided not misleading; provided that such 60-day period may be extended for a reasonable time, not to exceed an
additional 30 days, if the person or persons making the determination in good faith requires such additional time to obtain or evaluate any documentation or information relating thereto. 
 ARTICLE 6 
 REMEDIES OF INDEMNITEE

 Section 6.01. Adjudication or Arbitration. (a) Indemnitee shall be entitled to an adjudication (by a court of competent
jurisdiction or, at Indemnitee’s option, through an arbitration conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of the American Arbitration Association) of any determination pursuant to Section 5.02 that
Indemnitee is not entitled to indemnification under this Agreement. Any such adjudication shall be conducted in all respects as a de novo trial or arbitration on the merits, and any prior adverse determination shall not be referred to or
introduced into evidence, create a presumption that Indemnitee is not entitled to indemnification or advancement of expenses, be a defense or otherwise adversely affect Indemnitee. In any such judicial proceeding or arbitration, the provisions of
Section 5.03 (including the presumption in favor of Indemnitee and the burdens on the Company) shall apply. 
 (b) Indemnitee shall also
be entitled to an adjudication (by a court of competent jurisdiction or, at Indemnitee’s option, through an arbitration as described above) of any other disputes under this Agreement. 
 (c) If a determination shall have been made pursuant to Section 5.02 that Indemnitee is entitled to indemnification, the Company shall be bound by
such determination in any judicial proceeding or arbitration commenced pursuant to this Section 6.01, absent a misstatement of a material fact in the information provided by Indemnitee pursuant to Section 5.01(b) and Section 5.02(a)
or an omission of a material fact necessary in order to make the information provided not misleading. 
 (d) In connection with any judicial
proceeding or arbitration commenced pursuant to this Section 6.01, the Company shall not oppose Indemnitee’s right to seek such adjudication, shall be precluded from asserting that the procedures and presumptions of this Agreement are not
valid, binding or enforceable and shall stipulate in any such court or before any such arbitrator that the Company is bound by all of the provisions of this Agreement. 
  

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 ARTICLE 7 
 DIRECTORS’ AND OFFICERS’ LIABILITY INSURANCE 
 Section 7.01. D&O Liability Insurance. (a) The Company shall obtain and maintain a policy or policies of insurance (“D&O Liability Insurance”) with reputable insurance
companies providing liability insurance for directors of the Company in their capacities as such (and for any capacity in which any director of the Company serves any other Enterprise at the request of the Company), in respect of acts or omissions
occurring while serving in such capacity, on terms with respect to coverage and amount (including with respect to the payment of expenses) no less favorable than those of such policy in effect on the date hereof except for any changes approved by
the Board prior to a Change in Control. 
 (b) Indemnitee shall be covered by the Company’s D&O Liability Insurance policies as in
effect from time to time in accordance with the applicable terms to the maximum extent of the coverage available for any other director under such policy or policies. The Company shall, promptly after receiving notice of a Proceeding as to which
Indemnitee is a party or a participant (as a witness or otherwise), give notice of such Proceeding to the insurers under the Company’s D&O Liability Insurance policies in accordance with the procedures set forth in the respective policies.
The Company shall thereafter take all necessary or desirable actions to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies. The failure or refusal of
any such insurer to pay any such amount shall not affect or impair the obligations of the Company under this Agreement. 
 (c) Upon request
by Indemnitee, the Company shall provide to Indemnitee copies of the D&O Liability Insurance policies as in effect from time to time. The Company shall promptly notify Indemnitee of any material changes in such insurance coverage. 
 ARTICLE 8 
 MISCELLANEOUS

 Section 8.01. Nonexclusivity of Rights. The rights of indemnification and advancement of expenses provided by this Agreement shall
not be deemed exclusive of any other rights to which Indemnitee may at any time be entitled to under applicable law, the Company’s certificate of incorporation or bylaws, any other agreement, any vote of stockholders or resolution of directors
or otherwise. No amendment, alteration or repeal of this Agreement or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee in his Corporate Status
prior to such amendment, alteration or repeal. To the extent that a change in Delaware law, whether by statute or judicial decision, permits greater indemnification or advancement of expenses than would be afforded currently under this Agreement,

  

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 it is the intent of the parties hereto that Indemnitee shall be entitled under this Agreement to the greater benefits so
afforded by such change. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every right and remedy shall be cumulative and in addition to every other right and remedy given hereunder or now or hereafter
existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder or otherwise shall not prevent the concurrent assertion or employment of any other right or remedy. 
 Section 8.02. Subrogation, etc. (a) In the event of any payment under this Agreement, the Company shall be subrogated to the extent of
such payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and take all actions necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to
enforce such rights. 
 (b) The Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable
hereunder (or for which advancement is provided hereunder) if and to the extent that Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise. 
 (c) The Company’s obligation to indemnify or advance expenses hereunder to Indemnitee who is or was serving at the request of the Company as a
director, officer, employee or agent of any other Enterprise shall be reduced by any amount Indemnitee has actually received as indemnification or advancement of expenses from such Enterprise. 
 Section 8.03. Contribution. To the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is
unavailable to Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee or on his behalf, whether for Liabilities and/or Expenses in connection with a Proceeding or
other expenses relating to an indemnifiable event or transaction under this Agreement, in such proportion as is deemed fair and reasonable in light of all of the circumstances of such action, suit or other proceeding in order to reflect (i) the
relative benefits received by the Company and Indemnitee as a result of the event(s) and/or transaction(s) giving rise to such action, suit or other proceeding; and/or (ii) the relative fault of the Company (and its directors, officers,
employees and agents) and Indemnitee in connection with such event(s) and/or transaction(s). 
 Section 8.04. Amendment. This
Agreement may not be modified or amended except by a written instrument executed by or on behalf of each of the parties hereto. 
  

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 Section 8.05. Waivers. The observance of any term of this Agreement may be waived (either
generally or in a particular instance and either retroactively or prospectively) only by a writing signed by the party against which such waiver is to be asserted. Unless otherwise expressly provided herein, no delay on the part of any party hereto
in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any waiver on the part of any party hereto of any right, power or privilege hereunder operate as a waiver of any other right, power or privilege
hereunder nor shall any single or partial exercise of any right, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power or privilege hereunder. 
 Section 8.06. Expenses. (a) The Company shall pay all costs and expenses (including fees and expenses of counsel) incurred by the
Company and Indemnitee in connection with the preparation of this Agreement. 
 (b) The Company shall indemnify and hold Indemnitee harmless
from any and all costs and expenses (including fees and expenses of counsel) actually and reasonably incurred by Indemnitee or on his behalf in seeking (whether through a judicial proceeding or arbitration (including any appeal resulting therefrom)
or otherwise) to enforce any rights against the Company for indemnification or advancement of expenses (whether under this Agreement or otherwise) or to recover under any liability insurance policy maintained by any person for the benefit of
Indemnitee in connection with the performance of his duties for or on behalf of the Company, in each case, whether or not Indemnitee is successful (in whole or in part) with respect to his claims. The Company shall pay (or reimburse Indemnitee for
the payment of) any such costs or expenses within 20 days after receipt by the Company of a written request for the payment of such amounts, which request may be delivered to the Company at such time or from time to time as Indemnitee deems
appropriate in his sole discretion (whether prior to or after final disposition of any such matter). Indemnitee shall have no obligation to reimburse any amounts paid by the Company pursuant to this Section 8.06(b). 
 Section 8.07. Entire Agreement. This Agreement constitutes the entire agreement between the parties hereto with respect to the matters covered
herein and supersedes all prior oral or written understandings or agreements with respect to the matters covered herein. This Section 8.07 shall not be construed to limit any other rights Indemnitee may have under the Company’s certificate
of incorporation or bylaws, applicable law or otherwise. 
 Section 8.08. Severability. If any provision or provisions of this
Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever: (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including, without limitation, each portion of any Section
of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable to the 

 

 13 

 fullest extent permitted by law; (b) such provision or provisions shall be deemed reformed to the extent necessary
to conform to applicable law and to give the maximum effect to the intent of the parties hereto; and (c) to the fullest extent possible, the provisions of this Agreement (including, without limitation, each portion of any Section of this
Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested thereby. 
 Section 8.09. Notices. All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to
have been duly given (a) if delivered by hand or by courier and receipted for by the party to whom said notice or other communication shall have been directed, (b) if mailed by certified or registered mail with postage prepaid, on the
third business day after the date on which it is so mailed or (c) if sent by facsimile transmission and fax confirmation is received, on the next business day following the date on which such facsimile transmission was sent. Addresses for
notice to either party are as shown on the signature page of this Agreement, or such other address as any party shall have given by written notice to the other party as provided above. 
 Section 8.10. Binding Effect. (a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed the
obligations imposed on it hereby in order to induce Indemnitee to serve as a director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director of the Company. 
 (b) This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and
permitted assigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company, heirs, executors, administrators or other successors. The Company
shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all or substantially all or a substantial part of the business or assets of the Company, by written agreement in the form and
substance reasonably satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the manner and to the same extent that the Company would be required to perform if no such succession had taken place. 
 (c) The indemnification and advancement of expenses provided by this Agreement shall continue as to a person who has ceased to be a director, officer,
employee or agent or is deceased and shall inure to the benefit of the heirs, executors, administrators or other successors of the estate of such person. 
 Section 8.11. Governing Law. This Agreement and the legal relations among the parties hereto shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without
regard to its conflict of laws rules. 
  

 14 

 Section 8.12. Consent To Jurisdiction. Except with respect to any arbitration commenced by
Indemnitee pursuant to Section 6.01, the Company and Indemnitee hereby irrevocably and unconditionally (i) agree that any action, suit or other proceeding arising out of or in connection with this Agreement shall be brought only in the
Delaware Chancery Court and any court to which an appeal may be taken in such action, suit or other proceeding (the “Delaware Court”), and not in any other state or federal court in the United States of America or any court in any
other country, (ii) consent to submit to the exclusive jurisdiction of the Delaware Court for purposes of any action, suit or other proceeding arising out of or in connection with this Agreement, (iii) waive any objection to the laying of
venue of any such action, suit or other proceeding in the Delaware Court, and (iv) waive, and agree not to plead or to make, any claim that any such action, suit or other proceeding brought in the Delaware Court has been brought in an improper
or inconvenient forum. 
 Section 8.13. Headings. The Article and Section headings in this Agreement are for convenience of reference
only, and shall not be deemed to alter or affect the meaning or interpretation of any provisions hereof. 
 Section 8.14. Counterparts.
This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute one and the same Agreement. Only one such counterpart signed by the party
against whom enforceability is sought needs to be produced to evidence the existence of this Agreement. 
 Section 8.15. Use of Certain
Terms. As used in this Agreement, the words “herein,” “hereof,” and “hereunder” and other words of similar import refer to this Agreement as a whole and not to any particular paragraph, subparagraph, section,
subsection, or other subdivision. Whenever the context may require, any pronoun used in this Agreement shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns, pronouns and verbs shall include the plural
and vice versa. 
  

 15 

 IN WITNESS WHEREOF, this Agreement has been duly executed and delivered to be effective as of the date
first above written. 
  

			
	THE WESTERN UNION COMPANY
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	Address:
	Facsimile:
	Attention:
	
	With a copy to:
	
	Address:
	Facsimile:
	Attention:
	
	[INDEMNITEE]
	
	  

	
	Address:
	Facsimile:
	
	With a copy to:
	
	Address:
	Facsimile:
	Attention:

  

 16Employment Agreement, dated as of January 30, 2004

 Exhibit 10.11 
  
 WESTERN UNION HONG KONG LIMITED 
 Employment Agreement 
  

			
	Date:	  	30 January 2004
		
	To:	  	 Ian Marsh
 Chez Tabois,
 Le Moulin de Tabois,
 16370 St. Sulpice de Cognac,
 Charante
 France

  
 Western Union Hong Kong Limited (the
“Company”) is pleased to offer you employment on the terms and conditions set forth in this agreement between you and the Company (the “Agreement”), as follows: 
  

	1.	TERM OF AGREEMENT 

  

	a)	The term of you employment pursuant to this Agreement begins 16 February 2004. You will be subject to a three month probationary period, during which period your employment may
be terminated by the Company for any reason upon 7 days notice. Your initial title will be Senior Vice President and Managing Director, Asia Pacific, and you will be reporting to Christina Gold. The Company may change your title and reporting
relationship at any time without such a change being deemed a termination of your employment or a breach of this Agreement. 

  

	b)	You agree to comply with the Company’s decision should it determine it necessary or appropriate to change the entity of your legal employer, and the jurisdiction where you are
expected to perform your job duties (despite your residence). The Company, may, in its discretion, second your services to another company in the Company’s related group of entities. Your normal place of work will be in the Hong Kong SAR.
However, you may be required to travel worldwide on the Company’s business and to work in other countries in the proper performance of your duties or as the Company may reasonably direct, at no extra pay or remuneration. The Company will,
insofar as is reasonably possible, undertake to obtain all necessary work permits, visas and permission to enable you to work in such places as you may be required to work. 

  

	2.	SALARY 

  

	a)	 You agree that your base remuneration, as compensation for your services hereunder, will be paid by the Company at the annual rate of $280,000 U.S. dollars, payable
to you either monthly or semi-monthly in accordance with the Company’s normal payroll practices. The Company may, in its discretion, pay your salary to you in Hong Kong dollars, converted at a reasonable exchange rate on a semi-monthly,
monthly, or quarterly rate in the Company’s sole discretion. The total monthly base remuneration amount is comprised of (i) Core pay – 60% of total base remuneration; and (ii) housing benefit – 40% of total base
remuneration. If you are not eligible to take advantage of the tax 

	 	 
saving opportunity resulting from this pay structure, your entire remuneration amount will be reported as normal income. 

  

	b)	You acknowledge that you are solely responsible for paying personal income taxes pursuant to the relevant tax law of your tax residence. 

  

	3.	BENEFITS (NON-SALARY) 

  
 Incentive Plan 
  
 You will be eligible to participate in the Company’s 2004 Performance First Incentive Plan, in accordance with the terms and conditions thereof which will be provided to you, with an annual target incentive bonus
amount equal to 50% of your annualized base salary. This target may be changed by the Company in its sole discretion for subsequent years. Please understand that no payment under this plan is guaranteed, and is subject to attainment of corporate
and business unit financial performance thresholds as well as individual performance ratings attained for the year. Any annual or other bonus payments are discretionary, non-binding and revocable for future years. You acknowledge the
discretionary character of such payments and expressly renounce any claim that any repetition of any such payments, even if the repeated payments are in the same or similar amount as in a previous year, give you a claim to the payment of such an
amount or to any payment whatsoever in any succeeding year. 
  
 If a bonus payout
is earned, it is normally payable in March of the subsequent bonus year (e.g. 2004 bonus earned is paid in March 2005) and is prorated based on your start date. 
  

Stock Options 
  
 Upon your acceptance of this offer, you will be recommended for a grant of an option to purchase 35,000 shares of the common stock of First Data Corporation (“Options”) pursuant to the terms of the
Company’s Long-Term Incentive Plan (“LTIP”). This stock option grant requires the approval of First Data’s Chief Executive Officer and the First Data Compensation Committee (“Committee”) of the Company’s Board of
Directors (“Board”). Grant of the Options is subject to the Committee’s approval of the amount and terms of the grant of the Options to you. All your rights and obligations with respect to any options granted to you are subject to the
terms and conditions of the LTIP plan as well as the terms and conditions of the stock option agreement. If approved, this grant will be a one-time grant. There is no guarantee or promise that any future grants will be made or recommended.

  
 Health and Welfare 
  
 You will be eligible to participate in the Company’s health and welfare benefits
programme, and the Hong Kong Provident Fund, under the terms and conditions applicable to employees at your location, which will be described to you in detail. Further information about these benefit plans is set out in the plan summaries, which you
may access in the First Data Corporation Intranet or may obtain from the regional Human Resources office, and which it shall be your duty to know and understand. 
  

 2 

 Vacation 
  
 You will be entitled to twenty five (25) working days’ paid leave each calendar year upon successful completion of initial six (6) consecutive months of
employment. The length of your employment with Western Union HK and your time employed with any of the Company’s affiliated companies counts towards satisfying the 6-month requirement. If you began working with the Company after January 1
of this year, your vacation entitlement will be pro-rated based on the date on which your employment began. 
  
 Vacation leave not used during the calendar year up to a maximum of fourteen (14) days may be carried forward for use during the succeeding calendar year. Any such carried-forward leave that is not used in the
immediately succeeding year will be cancelled. You will not be entitled to any payment in lieu of cancelled or unused vacation leave. 
  
 Car Allowance 
  
 The Company will lease, for your business use, an insured and maintained automobile and hired driver as deemed appropriate by the Company for use in Hong Kong. The make and style of this automobile will be determined
by the Company. If any company-provided vehicle and/or driver would constitute taxable income to you, it will not be taken into account as “compensation” for purposes of other Company benefit plans, but in this event the Company will
provide a cash gross up amount to you to help offset the individual income tax liability. 
  
 Mobility Allowance 
  
 You will receive a
mobility allowance payment equal to one-month’s salary (USD$23,333.33), less taxes, immediately prior to the start of your assignment and again on the first anniversary date of your relocation to Hong Kong. This amount will constitute taxable
income to you but will not be taken into account as “compensation” for purposes of other Company benefit plans. No tax gross-up will be provided with respect to this allowance. 
  
 Relocation Bonus 
  
 A relocation bonus of USD$5,000 will be paid to you upon your relocation to Hong Kong prior to your assignment departure date. This amount will constitute taxable income
to you but will not be taken into account as “compensation” for purposes of other Company benefit plans. The Company will provide a cash gross up amount to you to help offset the individual income tax liability with respect to this amount.

  
 Household goods – Shipment and Storage 
  
 The Company will pay up to USD$18,200 to ship selected household goods to Hong Kong, and to
the extent you elect to ship goods in an amount or by means that do not incur shipping expenses up to this amount, the Company will pay you the balance in a lump sum to facilitate your furnishing of your Hong Kong residence. In addition, the Company
will pay you an amount of USD $1,150 per month during the term of your assignment in Hong Kong, for a maximum of 24 months, in lieu of payment for any storage of goods or household maintenance fees. You 

  

 3 

 
may use such amounts to help pay any property management fees related to your personal residences outside Hong Kong. 
  
 These amounts may constitute taxable income to you but will not be taken into account as
“compensation” for purposes of other Company benefit plans. To the extent these amounts constitute taxable income to you, the Company will provide a cash gross up amount to you to help offset the individual income tax liability with
respect to these amounts. 
  
 International Service Allowance (Goods and
Services Allowance) 
  
 During the term of your assignment in Hong Kong,
beginning with the date you move into your permanent residence in Hong Kong, you will receive an International Service Allowance equal to USD$4,788.75/per month, which will be paid monthly. This allowance is intended to help compensate you for the
higher cost of goods and services in Hong Kong. This amount may constitute taxable income to you but will not be taken into account as “compensation” for purposes of other Company benefit plans. To the extent these amounts constitute
taxable income to you, the Company will provide a cash gross up amount to you to help offset the individual income tax liability with respect to these amount. 
  

The monthly International Service Allowance will be reviewed on any change to your personal/family status in Hong Kong. In the absence of any status change, the
allowance will be reviewed annually and may be adjusted upwards or downwards if the cost of living in your Host Country increases or decreases by 5%, relative to your Home Country. The Company will provide a cash gross up amount to you to help
offset the individual income tax liability with respect to this amount. 
  
 Housing Allowance 
  
 In addition to the portion of your Base
Salary denominated as a housing allowance in Section 1, the Company will also pay you a Housing Allowance of USD$14,341.91/per month during the term of your assignment in Hong Kong, up to a maximum of 24 months, which will be paid monthly. You
may use this allowance to rent, lease, or purchase a dwelling place, but the Company shall in no event have any responsibility or ownership interest with respect to such dwelling. The Company will provide a cash gross up amount to you to help offset
the individual income tax liability with respect to this amount. 
  
 Utility
Allowance 
  
 The Company will also pay you a Utility Allowance of
USD$2,643.08 per month during the term of your assignment in Hong Kong, which will be paid monthly. This amount may constitute taxable income to you but will not be taken in account as “compensation” for purposes of other Company benefit
plans. The Company will provide a cash gross up amount to you to help offset the individual income tax liability with respect to this amount. 
  
 Club Membership Fees 
  
 The Company will pay up to $USD500 per month to maintain your membership in selected Hong Kong professional associations or clubs. The Company may pay this amount to you 

  

 4 

 
directly or, at the Company’s discretion, directly to such club(s) or association(s). The Company will structure such payment in a way that ensures tax
deductibility to the Company and minimizes your individual income tax liability. To the extent this amount constitutes taxable income to you, the Company will provide a cash gross up amount to you to help offset the individual income tax liability
with respect to this amount. 
  
 Home leave/Personal Travel 
  
 The Company will pay for two round trips (coach class air travel) each year for your two
children living and working and/or attending college or university outside Hong Kong, from the closest airport serving the location of their work and/or college or university to Hong Kong. To the extent this amount constitutes taxable income to you,
the Company will provide a cash gross up amount to you to help offset the individual income tax liability with respect to this amount. 
  
 Tax Preparation Assistance 
  
 The Company will pay a tax advisor/preparer up to $10,000 per year during the term of your employment to assist you in planning, preparation, and filing of your
individual income tax returns. This amount may constitute taxable income to you but will not be taken into account as “compensation” for purposes of other Company benefit plans. The Company will provide a cash gross up amount to you to
help offset the individual income tax liability with respect to this amount. 
  

	4.	POSITION AND TRANSFER 

  
 You agree to perform any functions and duties related to your position and pursuant to the Company’s instruction. You also agree that the Company may from time to
time make changes to your title, reporting relationships, or job duties and responsibilities on the basis of your performance or the Company’s business requirements. 
  

	5.	FULL TIME WORK 

  
 You acknowledge that you should devote your time to work for the Company and shall accept no other work, for which compensation (whether in the form of cash or otherwise) is received, without prior approval of the
Company. 
  
 Your normal working hours are from 9:00 a.m. to 6:00 p.m., Monday to
Friday, with an hour break for lunch. You should, however, make yourself available at other times if the demands of the business so require. You are not entitled to any overtime payment for any additional hours worked. 
  

	6.	NON-SOLICITATION 

  

	a)	Throughout the duration of your employment contract and for TWELVE MONTHS following termination thereof, you hereby undertake not to employ directly or to solicit collaboration for
your own benefit or that of a third party, employees of the Company or of any company in the Company’s Group and not to perform, in any form whatsoever, any action of a nature that may result in the poaching of such employees.

  

 5 

	b)	Your agree that your any violation of the foregoing Non-solicitation covenant will automatically render you liable to pay the Company a penalty at a lump-sum amount equal to twelve
months of your Gross Salary (i.e. your average monthly salary and regular monthly allowances during the last six months of employment by the Company), without there being the need for the Company to produce an order prohibiting the continuation of
such solicitation activity or to prove its damages due to your violation. You agree that this penalty is additional to the Company’s right under the section of Indemnification, below. 

  

	7.	NON-COMPETITION 

  
 Due to the extremely competitive market in which the Company evolves and to the knowledge, particularly of a commercial, financial, scientific, industrial or marketing nature concerning the activities, operations and
studies of the Company or another company of the Company’s Group, acquired by you in the performance of your duties, you agree that you shall be bound, with regard to the Company, to an obligation of non-competition in the following conditions.

  

	a)	In the event of departure from the Company occurring for any reason whatsoever, you hereby undertake not to enter into the service of a company studying, manufacturing or selling
(including wholesale and retail) products or services that are identical or similar to those that are studied, manufactured or sold by the Company, or which are intended to provide the same or comparable benefits to the purchasers of such products
or services in Taiwan, Hong Kong, or the People’s Republic of China. You agree that you shall more generally refrain from taking a direct or indirect interest, in any form whatsoever, including in particular through consultancy work or
acquisition of shareholding (except for current stock exchange transactions) in an activity of this type, be it in existence or in the process of creation. 

  

	b)	You agree that this obligation of non-competition applies to not only to Hong Kong but to Taiwan and the People’s Republic of China, as well as to the other countries in which
you may have performed your duties during the two years preceding your last day of actual work within the Company. Should you so desire, the list of countries in which you may have performed your duties during these two years will be given to you,
within 12 business days following receipt of such request. 

  

	c)	This non-competition covenant is for a duration of TWELVE MONTHS as from the expiration date of your employment contract with the Company. 

  

	d)	In consideration thereof, the Company, if at its discretion decides to request you to comply with this non-competition clauses, shall pay you an indemnity corresponding to ONE
month’s Base Salary (i.e. your average monthly salary during the last six months of your employment by the Company, excluding any allowances) for each one-month period of non-competition. If the Company decides to request so, you agree to
comply with the Non-Competition obligation without objection; rejection to the Company’s request will be deemed violation of this Non-Competition clause. 

  

 6 

	e)	During the non-competition period, you undertake to communicate to the Company, if the latter so requests, the name and address of your new employer. The Company reserves the right
to inform the new employer of the existence and contents of the present non-competition clause. You agree that you shall inform the latter of the present non-competition clause prior to entering into any commitment. 

  

	f)	Any violation of the non-competition covenant shall release the Company from payment of the financial compensation for the non-competition obligation stipulated above and shall
render you liable to reimburse the amounts you may have received in this respect to the Company. 

  

	g)	You agree that your any violation of the non-competition covenant will automatically render you liable to pay the Company an indemnity at a lump-sum amount equal to twelve months of
your Gross Salary, without there being the need for the Company to produce an order prohibiting the continuation of such competing activity or to prove its damages due to your violation. You agree that this penalty is additional to the
Company’s right under Section of Indemnification, below. 

  

	h)	The Company expressly reserves the right to waive the benefits of this covenant at any time, particularly in the event such covenant should become without interest.

  

	i)	Upon expiration of your employment contract and if this non-competition covenant is still in force at this time, you hereby agree that this special provision be included in the work
certificate that will be given to you. 

  

	8.	CONFIDENTIALITY 

  
 You agree that the Company is engaged in a highly competitive business and has expended, and continues to expend, significant money, skill, and time to develop and maintain valuable customer relationships, trade
secrets, and confidential and proprietary information. You agree that work your work for the Company will continue to bring you into close contact with many of the Company’s customers, Trade Secrets, Confidential Information and Third Party
Information (as defined below), the disclosure of which would cause the Company significant and irreparable harm. You recognize that any unauthorized disclosure of Third Party Information could breach non-disclosure obligations or violate applicable
laws or Company policy. You further agree that the covenants in this Agreement are reasonable and necessary to protect the Company’s legitimate business interests in its customer relationships, Trade Secrets, Confidential Information, and Third
Party Information. 
  
 Company “Trade Secrets” includes but is not
limited to the following: 
  

	 	(1)	any data or information that is competitively sensitive or commercially valuable, and not generally known to the public, including, but not limited to, products planning
information, marketing strategies, marketing results, forecasts or strategies, plans, finance, operations, reports, data, customer relationships, customer profiles, customer lists, sales estimates, business plans, and internal performance results
relating to the past, present or future business activities of the Company, its customers, clients, and suppliers; and 

  

 7 

	 	(2)	any scientific or technical information, design, process, procedure, formula, or improvement, computer software, object code, source code, specifications, inventions, systems
information, whether or not patentable or copyrightable. 

  
 Company
“Confidential Information” means any data or information and documentation, other than Trade Secrets, which is valuable to the Company and not generally known to the public, including but not limited to: 
  

	 	(1)	Financial information, including but not limited to earnings, assets, debts, prices, fee structures, volumes of purchases or sales, or other financial data, whether relating to the
Company generally, or to particular products, services, geographic areas, or time periods; and 

  

	 	(2)	Supply and service information, including but not limited to information concerning the goods and services utilized or purchased by the Company, the names and addresses of
suppliers, terms of supplier services contracts, or of particular transactions, or related information about potential suppliers, to the extent that such information is not generally known to the public, and to the extent that the combination of
suppliers or use of particular suppliers, though generally known or available, yields advantages to the Company the details of which are not generally known. 

  
 “Third Party Information” means any data or information of the Company’s customers, suppliers, consumers or employees that
the Company is prohibited by law, contract or Company policy from disclosing. By way of example such information includes but is not limited to: 
  

	 	(1)	Product specifications, marketing strategies, pricing, sales volumes, discounts; 

  

	 	(2)	Nonpublic personal information regarding customers, including but not limited to names, addresses, credit card numbers, financial transactions, and account balances;

  

	 	(3)	Personnel information, including but not limited to employees’ personal or medical histories, compensation or other terms of employment, actual or proposed promotions, hiring,
resignations, disciplinary actions, terminations or reasons therefore, training methods, performance skills, qualifications, and abilities, or other employee information; and 

  

	 	(4)	Customer information, which is not protected by a separate confidentiality agreement, including but not limited to any compilations of past, existing or prospective customers,
agreements between customers and the Company, status of customer accounts or credit, the identity of customer representatives responsible for entering into contracts with the Company, specific customer needs and requirements, or related information
about actual or prospective customers or nonpublic consumer information. 

  
 You agree that for so long as the pertinent information or documentation remains a Trade Secret, you will not use, disclose, or disseminate to any other person, organization, or entity or otherwise employ any Company Trade Secrets. You
further agree that during your 

  

 8 

 
employment and after the cessation of his employment with the Company, you will not use, disclose, or disseminate to any other person, organization, or
entity or otherwise employ any Company Confidential Information. The obligations set forth herein shall not apply to any Trade Secrets or Confidential Information which shall have become generally known to competitors of the Company through no act
or omission of yourself. 
  
 You agree that for so long as the pertinent
information or documentation is subject to protection under Company nondisclosure obligations, policy or applicable law, but in any event not less than two (2) years, you will not use, disclose, or disseminate to any other person, organization,
or entity or otherwise employ any Third Party Information. 
  
 Upon cessation of
your employment with the Company or at any time the Company requests, you agree to return all Third Party Information as well as Company materials and Trade Secrets and Confidential Information, and all copies thereof (including without limitation,
all memoranda and notes containing the names, addresses, and needs of the Company’s customers and prospective customers) (collectively, the “Information”) in your possession or over which you exercise control, and regardless of
whether such materials were prepared by the Company, you, or a third party. 
  
 In
addition, you agree that you will: 
  

	a)	take the necessary measures to keep the Information strictly confidential, with the exception of Information which is already in the public domain. You acknowledge that disclosure
of the Information would cause the Company’s Group considerable damage allowing the Company to engage you liability for gross misconduct. 

  

	b)	if you have recourse to documents, correspondence, software, software package and materials, either handwritten or computerized, or more generally all means of communication, in
particular Internet or Intranet, you undertake to use such tools for professional purposes only and not to take copies or reproduce such tools for your personal use or for any other use. You also undertake to take care of these tools and must inform
the Company in case of any deterioration, loss or theft, and will comply with the Company’s rules relating to the installation and use of such tools as applicable within the Company. 

  

	c)	not claim your rights or titles to software or software packages if the rights to such have been obtained for the Company. In particular, you shall not install any software or
software package if the rights of use have not been acquired. The installation of software or software packages will only be possible with the original support materials legally acquired. 

  

	d)	in case of termination of the employment contract, for any reason whatsoever, you undertake to return all documents, correspondence, software, software packages, including copies,
and material put at your disposal or in your possession, upon first request and at the latest upon the effective termination of your duties. 

  

	e)	 acknowledge that any violation of the present terms can constitute a serious breach of your contractual obligations and that such breach can cause the Company
serious harm, 

  

 9 

	 	 
for which you agree to pay the Company an indemnity for at least THREE MONTHS of your Gross Salary, without there being the need for the Company to prove its
damages due to your violation. You agree that this penalty is additional to the Company’s right under Section of Indemnification, below. 

  

	9.	INTELLECTUAL PROPERTY RIGHTS 

  

	a)	You acknowledge that copyright and all other intellectual proprietary rights in any documents and other materials produced by you during the course of this Appointment or your
performance of duties (whether or not produced during working hours), including without limitation your inventions, creations, work products or whatever forms of objects that may be protected under the Copyright Law, Patent Law, Trademark Law, Trade
Secret Law or other laws of the relevant jurisdiction (“Products”) shall vest in and be owned by the Company. 

  

	b)	You further agree that you will do all things necessary (at the Company’s request and expense) to perfect such vesting and ownership of such rights by the Company both during
and after the period of this Appointment. 

  

	c)	You ensure that such documents and other materials produced by you will be original and will not infringe the rights of any third party. 

  

	10.	INDEMNIFICATION 

  

	a)	You agree to indemnify and hold the Company harmless from all losses, liabilities, claims and damages (including lawyer’s fees) which may arise out of or as a result of any of
your unauthorized act or any act caused by you in contravention of this Agreement. 

  

	b)	Any payment according to the provision of this Agreement shall be without prejudice to the right the Company expressly reserves to engage proceedings against you in reparation for
the financial and moral damage actually suffered by the Company. 

  

	11.	TERMINATION 

  

	a)	In the event either party intends to terminate this Agreement following the probationary period, other than for justifiable cause as described below, the terminating party shall
give written notice to the other party at least 1 month prior to the desired date of termination; provided, however, that the Company may elect to give you payment in lieu of notice. Notwithstanding the foregoing, the Company may terminate this
Agreement without notice or payment of any kind during the probationary period set forth in Section 1. 

  

	b)	 No advance notice is required in the event of the Company’s termination of the Agreement for justifiable cause, including without limitation, a breach of your
obligations under this Agreement or the law and regulations of the relevant jurisdiction, provided that the specific reason and factual basis for such termination shall be communicated to you. Without limiting the general force of the previous
paragraph, the Company may terminate this Agreement and your employment if you: (i) commit fraud, 

  

 10 

	 	 
dishonesty or serious misconduct; or (ii) commit a serious or persistent breach or neglect of your duties; or (iii) refuse or neglect to comply
with any lawful order given to you by the Company; or (iv) commit misconduct inconsistent with the due and faithful discharge of your duties. The Company may also terminate this Agreement and your employment for any other reason that would
justify termination under the laws of the Hong Kong SAR. Any delay by the Company in exercising any right of termination shall not constitute a waiver thereof. 

  

	c)	Upon termination of employment, and without need of further notice or demand, you shall immediately transfer and deliver to the Company any property of the Company, Western Union HK
and affiliated and related companies which may be in your possession, custody or under your control including, without limitation, all papers, documents, notes, memoranda, records and writings, in whatever form or stored in whatever media, which in
any way relate to the business of the Company, Western Union HK and affiliated and related companies and/or to the business of the clients of the Company, Western Union HK and affiliated and related companies together with all extracts or copies
thereof. 

  

	12.	COMPANY RULES AND REGULATIONS 

  
 Employment Discipline 
  

	a)	You agree to comply with the Company’s rules and policies as set forth in its Employee Handbook, including but not limited to its Code of Conduct, and other materials made
available to you from time to time, as such may be amended or updated by the Company from time to time. You also agree to perform all aspects of your job in accordance with law, to strictly follow rules of safety and sanitation, to protect the
property of the Company, to maintain the highest standards of personal and professional ethics, to actively participate in training arranged by the Company, and to continue to develop and improve your professional skills. 

 

	b)	Any breach or failure to observe any conditions set forth in this Agreement may subject you to immediate dismissal without compensation, subject to the requirements of law. The
Company will have the right to take other appropriate legal actions before or after that dismissal. 

  

	c)	Your obligations under Sections 6,7,8,9, and 12 of this Agreement survive termination of your employment relationship with the Company. 

  

	13.	EXECUTION AND LANGUAGE OF AGREEMENT 

  

	a)	This Agreement is executed in two originals, with each party to retain one original. If there is any oral or written agreements between you and the Company existing prior to the
Agreement, the Agreement shall supersede such prior agreements and such prior agreements shall not apply to this appointment. All matters shall be governed by this Agreement. 

  

 11 

	b)	If there is any translation of this Agreement in Chinese or other languages, the English version shall govern. 

  

	14.	SEVERABILITY 

  
 In the event that any provision of this letter becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this letter shall continue in full force and effect without said
provision; provided that the Company reserves the right to determine whether such severability shall be effective if it materially changes the benefit of this letter to the Company. 
  

	15.	PROCESSING AND USE OF EMPLOYEE INFORMATION 

  
 You agree that for employment and management purposes, your personal data will be processed, stored, maintained, and transferred between Company and any of the associated
worldwide companies of First Data Corporation, and to third party service providers, according to business requirements. Your employee data will be kept secure and confidential in accordance with company policy and national legislation. Company will
regularly update your data with your assistance. You will retain the right of access to your data and the right to have incorrect data corrected. Your acceptance of employment under the terms and conditions set forth in this Agreement also
constitutes explicit consent by you to the Company’s collection, retention, and transmittal of your personal data, for all valid and appropriate purposes related to your employment by the Company. 
  

	16.	TAX LIABILITIES 

  
 Other than as specifically provided elsewhere in this Agreement, the Company will not be responsible or liable for any of your tax or other liabilities in respect of your employment, such as personal income tax
payable to any governments or authorities. You are solely responsible for filing any and all income tax returns and paying any amounts owed to the respective authorities in your relocation country or elsewhere. The Company will have the right to
withhold your remuneration (or any part thereof) as may be required by law and pay the same on your behalf in order to settle any of your tax liabilities and penalties. 
  

	17.	GOVERNING LAW AND JURISDICTION 

  

	a)	The execution, interpretation and enforcement of this Agreement and the respective rights and obligations of the parties shall be governed and construed in accordance with the laws
of Hong Kong SAR. 

  

	b)	Both parties shall submit to the jurisdiction of the Hong Kong courts in the event of a dispute relating to this Agreement. 

  

	c)	 This agreement contains and represents the entire agreement and understanding between you and the Company, and all of its affiliated companies, relating to your
employment with the Company. This agreement supersedes all previous agreements, arrangements and any other discussions that you may have had with the Company, Western Union HK or with its affiliated and related companies relating to your employment.
This agreement 

  

 12 

	 	 
may be altered only by a written agreement signed by the party against whom enforcement of any waiver, change, modification, extension, or discharge is
sought. 

  
 Company 
  
 Western Union Hong Kong Limited 
  
                                       
                               [company chop] 
  

			
		
	by	 	 /s/ George Graziadei

		 	 George Graziadei

		 	 Vice President, Executive Talent Acquisition

  

	**	Please acknowledge your acceptance of this offer of employment on the terms and conditions set forth in this Agreement by signing below and returning this letter to the Company:

  
 ______________________________

  
 /s/ Ian
Marsh                                       
        [chop or signature] 
  

 13 

 Addendum to Terms and Conditions of Employment Agreement 
  
 This Addendum is made this 12th day of August, 2004 and supplements, modifies, and clarifies the terms of the Employment Agreement dated as of January 30, 2004, by and between Western
Union Hong Kong Limited (the “Company”) and Ian Marsh (the “Employment Agreement”), and is intended to more closely conform the terms of the Employment Agreement to the original understanding and intent of the parties thereto.

  
 Therefore 
  
 The clause 3 of the Employment Agreement (Benefits
(Non-Salary) – Housing Allowance) is amended to read as follows: 
  

	3.	Benefits (Non-Salary) – Housing Allowance 

  
 In addition to your Base Salary set out in Section 1, the Company will also pay you a Housing Allowance of USD 14,341.91 per month during the
term of your assignment in Hong Kong, up to a maximum of 24 months, which will be paid monthly. You may use this allowance to rent, lease, or purchase a dwelling place, but the Company shall in no event have any responsibility or ownership interest
with respect to such dwelling. The Company may, at its discretion, make lease or rent payments directly to the landlord of such premises, and in such event the above-specified Housing Allowance will be reduced by the amount of any rent or lease
payments made directly to the landlord by the Company. If the Company makes such direct payments, the excess of the above specified Housing Allowance over the amount of such direct payments, plus the amount of the Hong Kong tax gross up on such
excess as calculated by the Company, will be paid to you monthly. 
  
 This
Addendum constitutes an integral part of the Employment Agreement dated January 30, 2004. 
  
 Kindly acknowledge your acceptance and agreement by signing hereunder. 
  

					
	 Yours faithfully,
	 		 	 Acknowledged and agreed by

			
	 /s/ Martin Timmis
	 		 	 /s/ Ian Marsh

	 Martin Timmis
	 		 	 Ian Marsh

	 Vice President, Human Resources
 Asia Pacific
	 		 	

  

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