Document:

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                                                                  EXHIBIT 10.7.1

                     FIRST AMENDMENT TO EMPLOYMENT AGREEMENT

         THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (this "Amendment") is made
and entered into this 1st day of May, 2001 (the "Effective Date"), by and
between Richard S. Eiswirth, Jr., an individual resident of the State of Georgia
(the "Executive") and Netzee, Inc., a Georgia corporation (the "Company").

                                   WITNESSETH:

         WHEREAS, the Company and the Executive previously entered into that
certain Employment Agreement, dated September 1, 1999 (the "Old Agreement"); and

         WHEREAS, the Company and the Executive terminated the Old Agreement and
entered into that certain Employment Agreement, dated as of March 1, 2000 (the
"Agreement"); and

         WHEREAS, the Company and the Executive desire to mutually amend the
Agreement, effective as of the Effective Date, and adopt this Amendment for the
purpose of making such changes as the parties herein agree, in consideration for
the continued employment of the Executive with the Company;

         NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged by Executive and the Company,
including, without limitation, the agreements and covenants contained herein,
the parties hereto, intending to be legally bound, hereby agree as follows:

         1.       Section 2 of the Agreement is amended in its entirety to read
                  as follows:

         "2. Term. Unless earlier terminated as provided herein, the Executive's
         employment under this Agreement shall be for a continuing term (the
         "Term") of one year, commencing on March ___, 2001, the termination of
         which shall be extended automatically (without further action of the
         Company or the Executive) each day for an additional day so that the
         amount of time remaining in the Term shall continue to be one year;
         provided, however, that either party may at any time, by written notice
         to the other, fix the Term to a finite term of one year, without
         further automatic extension, which Term shall commence upon the date of
         such notice. Every reference in this Agreement to the "Initial Term"
         and the "Extended Term" shall mean the Term."

         2.       Notices. All notices and other communications given or made
pursuant to this Amendment shall be in writing and shall be given or made in
accordance with Section 9 of the Agreement. Either party hereto may change the
address to which notice to it, or copies thereof, shall be addressed, by giving
notice thereof to the other party hereto in conformity with the foregoing.

         3.       Assignment.

                  a.       This Amendment shall be binding upon and shall inure
         to the benefit of the Company and its Successors and Assigns, and the
         Company shall require any Successors and Assigns to expressly assume
         and agree to perform this Agreement in the same manner and to the same
         extent that the Company would be required to perform it if no such
         succession or assignment had taken place.

                  b.       Neither this Amendment nor any right or interest
         hereunder shall be assignable or transferable by the Executive or his
         beneficiaries or legal representatives, except by will or by the laws
         of descent and distribution. This Amendment shall inure to the benefit
         of and be enforceable by the Executive's legal personal representative.

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         4.       Governing Law. This Amendment shall be governed by and
construed and enforced in accordance with the laws of the State of Georgia
without giving effect to the conflict of laws principles thereof. Any action
brought by either party to this Amendment shall be brought and maintained in a
court of competent jurisdiction in the State of Georgia.

         5.       Counterparts. This Amendment may be executed in two
counterparts, each of which shall be deemed an original but all of which
together shall be deemed one and the same instrument.

         6.       Defined Terms. Any capitalized term used in this Amendment but
not defined herein shall have the meaning ascribed to it in the Agreement.

         7.       Full Force and Effect. Except as specifically modified by this
Amendment, the Agreement is hereby ratified and confirmed by the parties hereto
in all respects, and all representations, warranties, covenants and agreements
made by each party in the Agreement are deemed to be repeated in this Amendment
as if fully set forth herein.

         8.       Entire Agreement. The Agreement, together with this Amendment,
constitutes the entire agreement between the parties hereto with respect to the
subject matter hereof and supersedes all prior agreements (including the Old
Agreement), understandings and arrangements, oral or written, between the
parties hereto with respect to the subject matter hereof.

         IN WITNESS WHEREOF, the parties hereto have executed this Amendment
effective as of the date first above written.

                                    NETZEE, INC.

                                      By:    /s/Donny R. Jackson
                                            -------------------------------
                                      Name:  Donny R. Jackson
                                            -------------------------------
                                      Title:   Chief Executive Officer
                                            -------------------------------

                                      /s/ Richard S. Eiswirth, Jr.
                                      -----------------------------------
                                      Richard S. Eiswirth, Jr.

                                       26<PAGE>   1

                                                                 EXHIBIT 10.25.3

                                   May 1, 2001

Netzee, Inc.
6190 Powers Ferry Road
Suite 400
Atlanta, Georgia  30339
Attention: Richard S. Eiswirth

                  Re:      Consent and Release

Dear Rick:

         Reference is made to that certain Amended and Restated Credit Agreement
dated as of February 2, 2001 among Netzee, Inc. ("Borrower"), John H. Harland
Company, as a Lender ("Harland"), and The InterCept Group, Inc., as a Lender
("InterCept") and as Agent for the Lenders (in such capacity, "Agent") (as
amended, restated, supplemented and otherwise modified from time to time, the
"Credit Agreement"). Capitalized terms used herein but without definition shall
have the meanings ascribed to such terms in the Credit Agreement.

         Borrower has requested that the Agent and the Lenders (i) grant their
consent to the sale (the "Asset Sale") by Call Me Bill, LLC and Borrower
("Sellers") to iPAY, LLC ("Purchaser"), pursuant to that certain Asset Purchase
Agreement of even date herewith among Sellers and Purchaser (the "Purchase
Agreement"), of the "Assets" (as defined in the Purchase Agreement) (the
"Assets"); (ii) agree to the release of the Agent's security interest in the
Assets; (iii) agree that InterCept's Commitment shall not be permanently reduced
as a result of Borrower's prepayment of Revolving Credit Advances with the Net
Proceeds of the Asset Sale; and (iv) agree that Harland's Commitment shall be
permanently reduced only by an amount equal to $225,000 as a result of
Borrower's prepayment of Revolving Credit Advances with the Net Proceeds of the
Asset Sale (such consents and agreements by Agent and the Lenders, collectively,
the "Consents and Release").

          In order to induce the Agent and the Lenders to grant their approval
as provided herein, Borrower represents and warrants to the Agent and the
Lenders that, after giving effect to the Consents and Release:

         (i)      all of the representations and warranties set forth in the
Credit Agreement and the other Loan Documents were accurate in all material
respects as of the date hereof, except to the extent that such representations
and warranties expressly relate to an earlier date, in which case such
representations and warranties shall have been true and correct on and as of
such date; and

         (ii)     the Asset Sale does not, and when consummated, will not,
violate any term or provision of the Credit Agreement or create a Default or
Event of Default thereunder.

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         In reliance upon the representations, warranties and undertakings
herein provided by Borrower to the Agent and Lenders, the Lenders and the Agent
hereby grant to Borrower the Consents and Release, provided, that Sellers,
promptly following the closing of the Asset Sale, deliver to Agent, for the
benefit of the Lenders, (i) 100% of the Net Proceeds of the Asset Sale received
by Sellers at the closing of the Asset Sale, in the minimum aggregate amount of
$1,000,000, in prepayment of outstanding principal amounts of the Revolving
Credit Advances (none of which prepayment shall reduce InterCept's Commitment
and only $225,000 of which prepayment shall reduce Harland's Commitment) and
(ii) a true and correct copy of the asset purchase and sale agreement evidencing
the Asset Sale. Agent agrees to deliver to Borrower and Seller, at the closing
of the Asset Sale and from time to time thereafter, such Uniform Commercial Code
statements of release, intellectual property releases, and other documents and
instruments as Borrower or Seller shall reasonably request to evidence the
release of Agent's liens in the Assets.

         For the avoidance of doubt, the parties acknowledge and agree that,
immediately after giving effect to the prepayment of Revolving Credit Advances
by Borrower with the Net Proceeds of the Asset Sale as set forth in the
immediately preceding paragraph, that (i) the amount of InterCept's Commitment
shall continue to be $15,000,000, and the amount of Harland's Commitment shall
be reduced to $4,775,000; (ii) the Aggregate Commitment shall be reduced to
$19,775,000; and (iii) InterCept's Credit Percentage shall be increased to
75.85%, and Harland's Credit Percentage shall be reduced to 24.15%.

         This approval letter may be executed by facsimile signature and issued
in one or more counterparts, each of which shall be an original and all of which
together shall constitute one and the same agreement. Borrower acknowledges and
agrees that this approval letter constitutes a Loan Document and shall be
governed by, construed and enforced in accordance with the laws of the State of
Georgia, without reference to the conflicts or choice of law principles thereof.
Please evidence your acknowledgment of and agreement to the foregoing by
executing this letter below in the place indicated.

      [Remainder of page intentionally blank; next page is signature page]

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                                    Yours very truly,

                                    THE INTERCEPT GROUP, INC., as
                                    Agent and Lender

                                    By: /s/Scott R. Meyerhoff
                                        ----------------------------------------
                                    Title: SVP CFO
                                           -------------------------------------

                                    JOHN H. HARLAND COMPANY, as Lender

                                    By: /s/ John Stakel
                                        ----------------------------------------
                                    Title: VP/Treasurer
                                           -------------------------------------

         The foregoing is accepted, and each term agreed to, as of the date
first set forth above, by Sellers.

                                    NETZEE, INC.

                                    By: /s/ Donny R. Jackson
                                        ----------------------------------------
                                    Title: CEO
                                           -------------------------------------

                                    CALL ME BILL, LLC

                                    By: /s/ Donny R. Jackson
                                        ----------------------------------------
                                    Title: CEO
                                           -------------------------------------

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