Document:

EX-10.27

 Exhibit 10.27 
 June 1, 2006 
 Jerry Ulrich 
 [Address] 
 Dear Jerry, 
 I am pleased to confirm our offer of employment to join Blackhawk as the Senior Vice President & Chief Financial Officer reporting to Donald Kingsborough. As previously discussed, our
offer is as follows: 
  

			
	Compensation:	  	Your base compensation will be $225,000 annually, paid on a weekly basis. Our next scheduled merit pay increase cycle is in March, 2007, at which time you may be eligible for
a prorated merit pay increase, depending on your job performance.
		
	Bonus:	  	You are eligible to participate in a company bonus plan with a maximum potential bonus of up to 100% of your base pay, effective with your date to position, payable in the
first quarter of 2007. Any bonus payments will be made in accordance with the applicable bonus plan terms.
		
	Stock Options:	  	You have been awarded an option to purchase 25,000 shares of Safeway stock pending the approval of the Board of Directors. Your new hire grant will be issued at the quarterly
grant following your hire date. The option vests over five (5) years with a term of six (6) years. Your option will vest 20% at each anniversary from the grant date and will be fully vested at the end of the fifth year from the grant date. The price
for this option will be set at the market close of the grant date. Further details of your option terms will be included in your stock option package and you can expect your stock option package two months following your grant date.
		
	Blackhawk Founder Shares:	  	You have been awarded 54,500 shares pending the approval of the Blackhawk Board of Directors.
		
	Blackhawk Stock Options:	  	You will be eligible to receive Blackhawk Stock Options commensurate with Blackhawk Senior Officers.
		
	Benefits:	  	You will be eligible for health care benefit coverage on the first of the month following the month in which you complete 30 days of employment. You will be able to take part in the
optional Safeway Stock Purchase Plan and 401(k) Plan immediately. You will be entitled to all other benefits available to employees after the prescribed waiting period.
		
	Vacation:	  	You will immediately begin accruing vacation at a rate of 4 weeks per year.
		
	Severance:	  	If you are terminated from employment other than for cause, you will receive

			
		  	52 weeks of base salary continuation.

 This offer for employment is contingent upon the following items: 

 

			
	Drug Screening:	  	You must successfully pass a pre-employment drug screen. You will meet with Human Resources to conduct an oral fluids drug screen. You have 48 business hours from the receipt of
this letter to schedule the screen, if you fail to do so, this offer can be rescinded. To arrange for your drug screening, please contact Anelle Jackson at 925-226-9047.
		
		  	The oral drug screen is a non-intrusive method of drug screening that uses a “toothbrush” like device that is placed in your mouth for approximately 2 minutes, and
forwarded to an outside testing laboratory for analysis. Please be sure to bring a driver’s license or picture ID with you to and do not eat or drink anything 10 minutes prior to the screening
		
	Appropriate
Documentation:	  	Bring with you on your first day of work the appropriate documentation to show that you are legally able to work in the United States. (See attached list of acceptable
documents. Bring one item from List A or one item each from Lists B and C).

 Please sign below the statement of understanding, and return the original to Anelle Jackson. Upon receipt, this
offer will be considered confirmed. 
 Congratulations! 
 Sincerely, 
 /s/ Donald Kingsborough 
 Donald Kingsborough 
 President and CEO 
 Blackhawk Marketing 
 I understand Safeway’s policy that employment is “at will”
and for no specific term and that the employment relationship may be terminated by either party at any time. 
  

					
	 /s/ Jerry Ulrich
	 	 Jerry Ulrich
	 	 6/2/06

	Signature	 	Print Name	 	Date

 Jerry Ulrich 
 Reference is made to your offer letter dated June 1, 2006 (the “Offer Letter”) by and between yourself and Blackhawk Marketing (now Blackhawk Network, Inc.). 

The paragraph entitled “Severance” shall be amended to read in its entirety as follow: 

“If you are terminated from employment other than for cause, you will receive 52 weeks of base salary continuation: provided, however, any amount
paid during the paid leave of absence referenced in this provision that is considered “separation pay” for purposes of Internal Revenue Code (“Code”) Section 409A and regulations promulgated thereunder in excess of the
lesser of two times the (1) Code Section 401(a)(17) limit in effect in the year in which you are terminated, or (2) your base compensation in the year preceding the year in which your employment is terminated, shall be delayed six
months if you are determined to be a specified employee under Treasury Regulation 1.409A-1(i).” (Changes from the original language in the Offer Letter noted in italics.) 
 Except for the foregoing, the Offer Letter shall remain in full force and effect. 
 This amendment
shall be effective as of this 9th day of August, 2007. 
  

			
	Blackhawk Network, Inc.
		
	By:	 	 /s/ Donald D. Kingsborough

		 	Donald D. Kingsborough
		 	President and CEO

  

			
	Agreed:
	
	 /s/ Jerry Ulrich

	Jerry Ulrich
		
	Date:	 	 8/22/07EX-10.1

 Exhibit 10.1 
 KNIGHT CAPITAL GROUP, INC. 
 December 19, 2012 

Thomas Joyce 
 Knight Capital Group, Inc.

 545 Washington Boulevard 
 Jersey
City, NJ 07310 
 Dear Tom: 
 This letter sets forth our understanding with respect to your continued service to Knight Capital Group, Inc. (the “Company”) as Chief Executive Officer and Chairman. In recognition of the fact
that your employment letter agreement with the Company, dated as of March 31, 2009 (the “Letter Agreement”), is scheduled to expire effective December 31, 2012 and in consideration of the desire of the Board of Directors of the
Company (the “Board”) to ensure your continued and dedicated service to the Company following the date hereof and through at least the consummation of the proposed transactions between the Company and GETCO Holding Company, LLC as
contemplated by the Agreement and Plan of Merger by and among GETCO Holding Company, LLC, the Company and the other entities listed in the recitals to such agreement, dated as of December 19, 2012, the Board has determined that it is in the
best interests of the Company and its shareholders to extend the term of the Letter Agreement and to provide you with the retention payment described below. 
 Now therefore, in consideration of the foregoing, you and the Company hereby agree as follows: 
  

	1.	Extension of the Term. The “Term” of the Letter Agreement as set forth in paragraph 1 of the Letter Agreement is hereby extended so as to expire on the
first to occur of (i) the date of consummation of the transactions contemplated by the Agreement and Plan of Merger by and among GETCO Holding Company, LLC, the Company and the other entities listed in the recitals to such agreement, dated as
of December 19, 2012 (the “Merger Agreement”) and (ii) December 31, 2014. In addition, the provision of paragraph 1 of the Letter Agreement providing for the extension of the Term on a Change in Control (as defined in the
Letter Agreement) is hereby deleted and of no further force and effect. 

  

	2.	Retention Payment. Paragraph 7(b) of the Letter Agreement is hereby amended by adding the following new paragraph at the end thereof: 

Notwithstanding anything contained herein to the contrary, upon the Closing Date (as defined in the Merger Agreement), subject to your
continued employment with the Company through the Closing Date, the Company will pay you a lump sum cash payment equal to $7.5 million (the “Retention Payment”) and your right to receive the severance

 
payments and benefits under paragraph 7(b) of this Letter Agreement (other than the Accrued Obligations) shall lapse and be of no further force and effect. The Retention Payment will be paid on
the Closing Date. In the event the Merger Agreement is terminated, your right to the Retention Payment will be void and of no force and effect, and your rights under paragraph 7(b) of this Letter Agreement will continue in accordance with the terms
thereof. Prior to the Closing Date, your rights under paragraph 7(b) shall remain in effect in accordance with the terms thereof. 
  

	3.	Survival. Paragraph 18 of the Letter Agreement is hereby amended by adding the following new paragraph at the end thereof: 

The foregoing sentence notwithstanding, from and after the expiration of the Term due to the consummation of the transactions contemplated
by the Merger Agreement, the following survival provision shall apply (and the foregoing sentence shall not apply): The expiration of the Term will not destroy or diminish the binding force and effect of any of the following provisions of this
Letter Agreement, which shall come into or continue in effect on or after such expiration: (i) paragraph 4(c) (with all determinations thereunder following the consummation of the transactions contemplated by the Merger Agreement requiring the
approval referred to in Article V, Section 2(c)(ii) of the Knight Holdco Inc., Amended and Restated By-laws as if they were a modification to this Letter Agreement), (ii) the obligations of the Company to pay the Accrued Obligations under
paragraph 7(a) and the Retention Payment under paragraph 7(b); (iii) paragraphs 8 through 10, (v) paragraph 13, and (vi) paragraphs 15 through 17. 
 Except as set forth above, the Letter Agreement shall remain in full force and effect. 
 This
letter may be executed in one or more counterparts, all of which shall be considered one and the same agreement, and shall become a binding agreement when one or more counterparts have been signed by each party and delivered to the other party.

 * * * * 

 Please indicate your agreement with the terms of this letter as set forth above by signing
and returning to us one copy of this letter. 
  

							
		 		 		 	Sincerely yours,
				
		 		 		 	KNIGHT CAPITAL GROUP, INC.
				
		 		 	By:	 	 /s/ Steven Bisgay

				
	AGREED TO AND ACCEPTED BY:	 		 		 	
				
	 /s/ Thomas Joyce
	 		 		 	
	Thomas Joyce

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