Document:

exv10w1

Exhibit 10.1

AMENDMENT NO. 3 TO

SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT

     This Amendment No. 3 to Supplemental Executive Retirement Agreement, made and entered into
this 23rd day of December, 2008 (this “AMENDMENT”), is made by and between Affiliated Computer
Services, Inc. (the “COMPANY”) and Darwin Deason (the “EXECUTIVE”), to be effective as of the date
hereof. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed
to them in the Agreement (defined below).

RECITALS:

     WHEREAS, the Executive and the Company entered into the Supplemental Executive Retirement
Agreement on December 15, 1998 to be effective as of the first day of December, 1998, amended by
Amendment No. 1 to Supplemental Executive Retirement Agreement effective as of August 11, 2003 and
Amendment No. 2 to Supplemental Executive Retirement Agreement effective as of June 30, 2005 (the
“AGREEMENT”);

     WHEREAS, the Executive and the Company desire to amend certain provisions of the Agreement,
and the Compensation Committee of the Board of Directors of the Company has approved the desired
amendments;

     WHEREAS, the Executive was granted Integrated Stock Options on October 8, 1998 (the “1998
OPTION”) and August 11, 2003 (the “2003 OPTION”) applicable to the calculation of Executive’s
Accrued Benefit as provided in the Agreement;

     WHEREAS, the Executive exercised the 1998 Option on October 2, 2008 at the request of the
Company;

     WHEREAS, the Company desires to reimburse the Executive for certain costs he incurred in
connection with exercising the 1998 Option;

     WHEREAS, the Executive and the Company desire that the 2003 Option be terminated without
exercise on December 31, 2008; and

     WHEREAS, the Executive and the Company desire to terminate the Agreement as of January 1,
2009, and for the Executive to receive, on January 2, 2009, his benefits under the Agreement, as
described below.

     NOW, THEREFORE, in consideration of the foregoing, and intending to be legally bound hereby,
the Executive and the Company hereby agree as follows:

     Section 1. 2003 Option Termination. Notwithstanding anything to the contrary in the
Agreement or the stock option agreement and other documentation regarding the 2003 Option, the 2003
Option shall automatically be terminated without
exercise on December 31, 2008. For the avoidance of doubt, the 2003 Option may not be
exercised prior to, on or following such date.

 

 

     Section 2. Termination of Agreement. The Agreement shall be terminated as of January
1, 2009. On January 2, 2009, in full satisfaction of the Company’s obligations under the Agreement
and with respect to the 2003 Option, the Executive shall receive an amount, in a single cash lump
sum, equal to the Accrued Benefit that he would have earned under the Agreement upon Normal
Retirement on January 1, 2009, without reduction for early commencement; provided, however, that
for purposes of calculating such Accrued Benefit, (a) the Executive’s Final Average Monthly
Compensation shall be determined as of January 1, 2009, (b) the Executive’s Stock Option Offset
Value attributable to the 1998 Option shall be deemed to be $5,585,813 and (c) the Executive’s
Stock Option Offset Value attributable to the 2003 Option shall be deemed to be equal to $0.

     Section 3. 1998 Option Exercise. On January 2, 2009, the Company will pay the
Executive $1,697,317, subject to applicable withholdings, to reimburse him for certain costs he
incurred in connection with exercising the 1998 Option.

     Section 4. No Assignment or Offset. Notwithstanding Section 13 of the Agreement, the
Executive’s rights to the payment of any amounts under the Agreement or this Amendment may not be
assigned, transferred, pledged or encumbered, and any attempted assignment, transfer, pledge or
encumbrance shall be null and void. Notwithstanding Section 19 of the Agreement, except as
permitted under Section 409A of the Internal Revenue Code of 1986, as amended, and the Treasury
Regulations promulgated thereunder, payments made by the Company to the Executive pursuant to the
Agreement or this Amendment may not be reduced by, or offset against, any amount owing by the
Executive to the Company.

     Section 5. No Effect on Consistent Terms. All terms of the Agreement not
inconsistent with this Amendment shall remain in place and in full force and effect and shall be
unaffected by this Amendment.

     Section 6. Section 409A. The modification of the time and form of payment of the
benefits provided under the Agreement specified in this Amendment is effected pursuant to the
authority provided under Section 3.02 of Notice 2006-79, 2006-43 IRB 307, as modified and
superseded by Section 3.01 of Notice 2007-86, 2007-39 IRB 719.

     Section 7. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, AND ENFORCEABLE UNDER, THE LAWS OF THE STATE OF TEXAS APPLICABLE TO
CONTRACTS MADE IN TEXAS THAT ARE TO BE WHOLLY PERFORMED IN TEXAS WITHOUT REFERENCE TO THE
CHOICE-OF-LAW PRINCIPLES OF TEXAS.

 

 

     Section 8. Headings. The section headings contained in this Amendment are for
reference purposes only and shall not affect in any way the meaning or interpretation of this
Amendment.

     IN WITNESS WHEREOF, the undersigned have duly executed this Amendment as of the date first
above written.

	 	 	 	 	 
	 	EXECUTIVE:

 	 
	 	By:  	/s/ Darwin Deason
 	 
	 	 	Darwin Deason 	 
	 
	 	COMPANY:

Affiliated Computer Services, Inc.

 	 
	 	By:  	/s/
Kevin Kyser
 	 
	 	 	Name:  	Kevin Kyser 	 
	 	 	Title:  	Chief Financial Officerexv10w2

Exhibit 10.2

AMENDMENT

to

EMPLOYMENT AGREEMENT

dated December 23, 2008

by and between Affiliated Computer Services, Inc. (the “Company”)

and Darwin Deason (the “Executive”)

             WHEREAS, the Company and the Executive entered into an employment agreement dated as of
February 16, 1999, as amended as of December 7, 2007 (the “Agreement”).

             WHEREAS, the Company and the Executive desire to amend the Agreement as set forth herein as a
result of the requirements of Section 409A of the Internal Revenue Code of 1986, and the
regulations thereunder.

             NOW, THEREFORE, the Agreement is hereby amended as follows:

	 	1.	 	Section 3 of the Agreement is hereby modified by adding the following
sentences after the last sentence thereof: “Except as specifically permitted by
Section 409A of the Internal Revenue Code of 1986, as amended, and the Treasury
Regulations promulgated thereunder (“Section 409A”), the relocation benefits provided
to the Executive under this Section 3 during any calendar year shall not affect the
relocation benefits to be provided to the Executive under this Section 3 in any other
calendar year and the right to such relocation benefits cannot be liquidated or
exchanged for any other benefit, in accordance with Treas. Reg. Section
1.409A-3(i)(1)(iv) or any successor thereto. Furthermore, reimbursement payments for
moving expenses shall be made to the Executive as promptly as practicable following
the date that the applicable expense is incurred, but in any event not later than the
last day of the calendar year following the calendar year in which the expense is
incurred, in accordance with Treas. Reg. Section 1.409A-3(i)(1)(iv) or any successor
thereto.”
	 
	 	2.	 	Subsection 8(b) of the Agreement is hereby modified by adding the following
sentence after the first sentence thereof: “Except as specifically permitted by
Section 409A, the benefits provided to the Executive under this Subsection 8(b) during
any calendar year shall not affect the benefits to be provided to the Executive under
this Subsection 8(b) in any other calendar year and the right to such benefits cannot
be liquidated or exchanged for any other benefit, in accordance with Treas. Reg.
Section 1.409A-3(i)(1)(iv) or any successor thereto.”

 

 

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	 	3.	 	Subsection 8(c) of the Agreement is hereby modified by deleting the following
language: “; and (ii) all compensation previously deferred by the Executive but not
yet paid”.
	 
	 	4.	 	Subsection 8(e) of the Agreement is hereby deleted and replaced with the
following language: “Intentionally omitted”.
	 
	 	5.	 	Subsection 8(g) of the Agreement is hereby modified by adding the following
language at the end of the first sentence thereof: “, provided that such expenses are
incurred on or prior to the last day of the second calendar year following the
calendar year in which the Executive’s separation from service (within the meaning of
Section 409A) occurs, in accordance with Treas. Reg. Section 1.409A-1(b)(9)(v) or any
successor thereto. Such expenses shall be reimbursed no later than the last day of
the third calendar year following the calendar year in which the Executive’s
separation from service (within the meaning of Section 409A) occurs, in accordance
with Treas. Reg. Section 1.409A-1(b)(9)(v) or any successor thereto.”
	 
	 	6.	 	Subsection 8(i) of the Agreement is hereby modified by adding the following
sentences after the last sentence thereof: “Any Gross-Up Payment or other payment in
respect of Excise Tax or income tax or related interest or penalties payable to the
Executive pursuant to this Subsection 8(i) shall be paid to the Executive as soon as
practicable after the applicable liability is incurred, but in any event not later
than the last day of the calendar year after the calendar year in which the Executive
remits the applicable taxes, interest or penalties to the applicable taxing authority,
in accordance with Treas. Reg. Section 1.409A-3(i)(1)(v) or any successor thereto.
Furthermore, any amounts that the Executive becomes entitled to receive in respect of
costs and expenses incurred in connection with a contest relating to this Subsection
8(i) shall be paid to the Executive as soon as practicable after the applicable cost
or expense is incurred, but in any event not later than the later of (i) the last day
of the calendar year after the calendar year in which the Executive remits the
underlying taxes to the applicable taxing authority and (ii) the last day of the
calendar year after the calendar year in which the applicable contest is concluded, in
accordance with Treas. Reg. Section 1.409A-3(i)(1)(v) or any successor thereto.”
	 
	 	7.	 	The following new Section 17 is hereby added to the Agreement:

               “17. Section 409A of the Code. The provisions of this Section 17
shall apply notwithstanding any provision in this Agreement to the contrary.

	 	  (a)	 	Intent to Comply with Section 409A.
It is intended that the provisions of this Agreement comply with
Section 409A,

 

 

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	 	 	 	and all provisions of this Agreement shall be construed and
interpreted in a manner consistent with the requirements for
avoiding taxes or penalties under Section 409A.

	 	(b)	 	Six-Month Delay of Certain
Payments. If, at the time of the Executive’s separation from
service (within the meaning of Section 409A), (i) the Executive shall
be a specified employee (within the meaning of Section 409A and using
the identification methodology selected by the Company from time to
time) and (ii) the Company shall make a good faith determination that
an amount payable under this Agreement or any other plan, policy,
arrangement or agreement of or with the Company or any affiliate
thereof (this Agreement and such other plans, policies, arrangements
and agreements, the “Company Plans”) constitutes deferred
compensation (within the meaning of Section 409A) the payment of
which is required to be delayed pursuant to the six-month delay rule
set forth in Section 409A in order to avoid taxes or penalties under
Section 409A, then the Company (or an affiliate, as applicable) shall
not pay any such amount on the otherwise scheduled payment date but
shall instead accumulate such amount and pay it, without interest, on
the first day of the seventh month following such separation from
service.”

	 	8.	 	Except as set forth herein, all other terms and conditions of the Agreement
shall remain in full force and effect.

IN WITNESS WHEREOF, the undersigned have executed this amendment as of December 23, 2008.

	 	 	 	 	 
	 	Affiliated Computer Services, Inc.

 	 
	 	By:  	/s/ Lynn Blodgett
 	 
	 	 	 	 
	 	 	 	 
	 
	 	Darwin Deason

 	 
	 	/s/ Darwin Deason

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