Document:

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                                                                   EXHIBIT 10.12

[Date]

[Name]
[Title]
[Address]

Dear __________:

Certegy Inc. (the "Company") considers the establishment and maintenance of a
sound and vital management to be essential to protecting and enhancing the best
interests of the Company and its shareholders.  In this connection, the Company
recognizes that, as is the case with many publicly held corporations, the
possibility of a change in control exists and that possibility, and the
uncertainty and questions that it may raise among management, may result in the
departure or distraction of management personnel to the detriment of the Company
and its shareholders.  Accordingly, the Board of Directors of the Company has
determined that appropriate steps should be taken to reinforce and encourage the
continued attention and dedication of members of the Company's management,
including yourself, to their assigned duties without distraction in the face of
potentially disturbing circumstances arising from the possibility of a change in
control of the Company.

In order to induce you to remain in its employ, the Company agrees to provide
you the payments and benefits described in this Letter (in lieu of any severance
payments and benefits you would otherwise receive in accordance with the
Company's severance pay practices) if your employment with the Company is
terminated subsequent to a "Change in Control" of the Company (as defined in
paragraph 3) under the circumstances described in paragraph 4.

1.  No Right to Continued Employment.  This Letter does not give you any right
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to continued employment by the Company or a Subsidiary, and it will not
interfere in any way with the right the Company or a Subsidiary otherwise may
have to terminate your employment at any time.

2.  Term of This Letter. The terms of this Letter will be effective as of
    -------------------
__________, 2001, and, except as otherwise provided in this Letter, will
continue in effect until _____________, 2006; provided that commencing on
January 1, 2002 and each subsequent January 1, the terms of this Letter will be
extended
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automatically so as to remain in effect for five (5) years from that January 1
unless at least sixty (60) days prior to January 1 of a given year, the Company
notifies you that it does not wish to continue this Letter in effect beyond its
then current expiration date; and provided further that if a Change in Control
occurs prior to the expiration of this Letter, this Letter will continue in
effect for two (2) years from the Change in Control.

3.  Change In Control.  No benefits will be payable under this Letter unless
    -----------------
there is a Change in Control and your employment by the Company is terminated
under the circumstances described in paragraph 4 entitling you to benefits.  For
purposes of this Letter, a Change in Control of the Company means the occurrence
of any of the following events during the period in which this Letter remains in
effect:

     3.1  Voting Stock Accumulations.  The accumulation by any Person of
          --------------------------
     Beneficial Ownership of twenty percent (20%) or more of the combined voting
     power of the Company's Voting Stock; provided that for purposes of this
     subparagraph 3.1, a Change in Control will not be deemed to have occurred
     if the accumulation of twenty percent (20%) or more of the voting power of
     the Company's Voting Stock results from any acquisition of Voting Stock (a)
     directly from the Company that is approved by the Incumbent Board, (b) by
     the Company, (c) by any employee benefit plan (or related trust) sponsored
     or maintained by the Company or any Subsidiary, or (d) by any Person
     pursuant to a Business Combination that complies with all of the provisions
     of clauses (a), (b) and (c) of subparagraph 3.2; or

     3.2  Business Combinations.  Consummation of a Business Combination,
          ---------------------
     unless, immediately following that Business Combination, (a) all or
     substantially all of the Persons who were the beneficial owners of Voting
     Stock of the Company immediately prior to that Business Combination
     beneficially own, directly or indirectly, more than sixty-six and two-
     thirds percent (66-2/3%) of the then outstanding shares of common stock and
     the combined voting power of the then outstanding voting securities
     entitled to vote generally in the election of Directors of the entity
     resulting from that Business Combination (including, without limitation, an
     entity that as a result of that transaction owns the Company or all or
     substantially all of the Company's assets either directly or through one or
     more subsidiaries) in substantially the same proportions relative to each
     other as their ownership, immediately prior to that Business Combination,
     of the Voting Stock of the Company, (b) no Person (other than the Company,
     that entity resulting from

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     that Business Combination, or any employee benefit plan (or related trust)
     sponsored or maintained by the Company, any Eighty Percent (80%) Subsidiary
     or that entity resulting from that Business Combination) beneficially owns,
     directly or indirectly, twenty percent (20%) or more of the then
     outstanding shares of common stock of the entity resulting from that
     Business Combination or the combined voting power of the then outstanding
     voting securities entitled to vote generally in the election of directors
     of that entity, and (c) at least a majority of the members of the Board of
     Directors of the entity resulting from that Business Combination were
     members of the Incumbent Board at the time of the execution of the initial
     agreement or of the action of the Board providing for that Business
     Combination; or

     3.3  Sale of Assets.  A sale or other disposition of all or substantially
          --------------
     all of the assets of the Company; or

     3.4  Liquidations or Dissolutions.  Approval by the shareholders of the
          ----------------------------
     Company of a complete liquidation or dissolution of the Company, except
     pursuant to a Business Combination that complies with all of the provisions
     of clauses (a), (b) and (c) of subparagraph 3.2.

For purposes of this paragraph 3, the following definitions will apply:

     "Beneficial Ownership" means beneficial ownership as that term is used in
     Rule 13d-3 promulgated under the Exchange Act.

     "Business Combination" means a reorganization, merger or consolidation of
     the Company.

     "Eighty Percent (80%) Subsidiary" means an entity in which the Company
     directly or indirectly beneficially owns eighty percent (80%) or more of
     the outstanding Voting Stock.

     "Exchange Act" means the Securities Exchange Act of 1934, including
     amendments, or successor statutes of similar intent.

     "Incumbent Board" means a Board of Directors at least a majority of whom
     consist of individuals who either are (a) members of the Company's Board of
     Directors as of the date of this Letter or (b) members who become members
     of the Company's Board of Directors subsequent to the date of this Letter
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     whose election, or nomination for election by the Company's shareholders,
     was approved by a vote of at least two-thirds (2/3) of the directors then
     comprising the Incumbent Board (either by a specific vote or by approval of
     the proxy statement of the Company in which that person is named as a
     nominee for director, without objection to that nomination), but excluding,
     for that purpose, any individual whose initial assumption of office occurs
     as a result of an actual or threatened election contest (within the meaning
     of Rule 14a-11 of the Exchange Act) with respect to the election or removal
     of directors or other actual or threatened solicitation of proxies or
     consents by or on behalf of a Person other than the Board of Directors.

     "Person" means any individual, entity or group (within the meaning of
     Section 13(d)(3) or 14 (d)(2) of the Exchange Act).

     "Voting Stock" means the then outstanding securities of an entity entitled
     to vote generally in the election of members of that entity's Board of
     Directors.

4.   Termination Following Change in Control.  If any of the events described in
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paragraph 3 constituting a Change in Control occurs, you will be entitled to the
payments and benefits provided for in paragraph 5 if your employment is
terminated within six (6) months prior to the Change in Control in connection
with the Change in Control or your employment is terminated within two (2) years
from the date of the Change in Control, unless your termination is (a) because
of your death, (b) by the Company for Cause or Disability, or (c) by you other
than for Good Reason. The payments and benefits provided for in paragraph 5 will
be in lieu of any severance payments you would otherwise receive in accordance
with the Company's severance pay practices, but will have no effect on any of
the Company's other employee benefit plans or practices, as amended from time to
time.

     4.1  Cause.  Termination by the Company of your employment for "Cause"
          -----
     means termination by the Company of your employment upon (a) your willful
     and continued failure to substantially perform your duties with the Company
     (other than any failure resulting from your incapacity due to physical or
     mental illness), after a written demand for substantial performance is
     delivered to you by the Chief Executive Officer of the Company (or if you
     are the Chief Executive Officer, the Chairman of the Compensation Committee
     of the Board of Directors) that specifically identifies the manner in which
     the Chief Executive Officer believes that you have not substantially
     performed your duties, or (b) your willfully engaging in
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     misconduct that is materially injurious to the Company, monetarily or
     otherwise. For purposes of this subparagraph 4.1, no act, or failure to
     act, on your part will be considered "willful" unless done, or omitted to
     be done, by you not in good faith and without reasonable belief that your
     action or omission was in the best interest of the Company. Notwithstanding
     the above, you will not be deemed to have been terminated for Cause unless
     and until you have been given a copy of a Notice of Termination from the
     Chief Executive Officer of the Company (or if you are the Chief Executive
     Officer, the Chairman of the Compensation Committee of the Board of
     Directors), after reasonable notice to you and an opportunity for you,
     together with your counsel, to be heard before (i) the Chief Executive
     Officer, or (ii) if you are an elected officer of the Company, the Board of
     Directors of the Company, finding that in the good faith opinion of the
     Chief Executive Officer, or, in the case of an elected officer, finding
     that in the good faith opinion of two-thirds of the Board of Directors, you
     committed the conduct set forth above in clauses (a) or (b) of this
     subparagraph 4.1, and specifying the particulars of that finding in detail.

     4.2  Disability.  Termination by the Company of your employment for
          ----------
     "Disability" means termination by the Company of your employment following
     and because of your failure to perform your duties as an employee for a
     period of at least one hundred eighty (180) consecutive calendar days as a
     result of total and permanent incapacity due to physical or mental illness
     or injury.  Your incapacity must be certified by a licensed medical doctor
     selected by you.  You will continue to receive your full base salary at the
     rate in effect and any bonus payments under the Plan payable during the one
     hundred eighty (180) day qualification period until termination of your
     employment for Disability.  After that termination, your benefits will be
     determined in accordance with the Company's long-term disability plan then
     in effect and any of the Company's other benefit plans and practices then
     in effect that apply to you.  The Company will have no further obligation
     to you under this Letter and all supplemental benefits will be terminated.
     If the Company disagrees with the certification of your incapacity, it may
     appoint another medical doctor to certify his opinion as to your
     incapacity, and if that doctor does not certify as to your incapacity, then
     the two doctors will appoint a third medical doctor to certify their
     opinion as to your incapacity, and the decision of a majority of the three
     doctors will prevail.  (The Company will bear the costs of the doctors
     opinions.)
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     4.3  Good Reason.   Termination by you of your employment for "Good Reason"
          -----------
     means termination by you of your employment based on:

          (a) The assignment to you of duties inconsistent with your position
          and status with the Company as they existed immediately prior to the
          Change in Control Date (as defined below), or a substantial change in
          your title, offices or authority, or in the nature of your
          responsibilities, as they existed immediately prior to the Change in
          Control Date (or if you receive a promotion or an increase in
          responsibilities or authority after the Change in Control Date, then a
          change with respect to your enhanced position, status,
          responsibilities or authority), except in connection with the
          termination of your employment for Cause or Disability or as a result
          of your death or by you other than for Good Reason;

          (b) A reduction by the Company in your base salary as in effect on the
          date of this Letter or as your salary may be increased from time to
          time;

          (c) A failure by the Company to continue the Company's incentive
          compensation plan(s) ("Incentive Plan"), as it may be modified from
          time to time, substantially in the form in effect immediately prior to
          the Change in Control Date, or a failure by the Company to continue
          you as a participant in the Incentive Plan on at least the basis of
          your participation immediately prior to the Change in Control Date or
          to pay you the amounts that you would be entitled to receive in
          accordance with the Incentive Plan;

          (d) The Company's requiring you to be based more than thirty-five (35)
          miles from the location where you are based immediately prior to the
          Change in Control Date, except for required travel on the Company's
          business to an extent substantially consistent with your business
          travel obligations prior to the Change in Control Date, or if you
          consent to that relocation, the failure by the Company to pay (or
          reimburse you for) all reasonable moving expenses incurred by you or
          to indemnify you against any loss realized in the sale of your
          principal residence in connection with that relocation;

          (e) The failure by the Company to continue in effect any retirement or
          compensation plan, supplemental retirement plan,
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          performance share plan, stock option plan, life insurance plan, health
          and accident plan, disability plan or any other benefit plan in which
          you are participating immediately prior to the Change in Control Date
          (or provide plans providing you with substantially similar benefits),
          the taking of any action by the Company that would adversely affect
          your participation or materially reduce your benefits under any of
          those plans or deprive you of any material fringe benefit enjoyed by
          you immediately prior to the Change in Control Date, or the failure by
          the Company to provide you with the number of paid vacation days to
          which you are then entitled in accordance with the Company's normal
          vacation practices in effect immediately prior to the Change in
          Control Date;

          (f) The failure by the Company to obtain the assumption of the
          agreement to perform this Letter by any successor, as contemplated in
          paragraph 6; or

          (g) Any purported termination of your employment that is not effected
          pursuant to a Notice of Termination satisfying the requirements of
          subparagraph 4.4 (and, if applicable, subparagraph 4.1).

     For purposes of this subparagraph 4.3, "Change in Control Date" means the
     date six months prior to the date of the Change in Control.

     4.4  Notice of Termination.  Any purported termination by the Company
          ---------------------
     pursuant to subparagraphs 4.1 or 4.2 or by you pursuant to subparagraph 4.3
     will be communicated by written Notice of Termination to the other party.
     For purposes of this Letter, a "Notice of Termination" means a notice that
     indicates the specific termination provision in this Letter relied upon and
     setting forth in reasonable detail the facts and circumstances claimed to
     provide a basis for termination of your employment under the provision so
     indicated.  Any purported termination not effected pursuant to a Notice of
     Termination meeting the requirements set forth in this Letter will not be
     effective.

     4.5  Date of Termination.  For purposes of this Letter, the date of the
          -------------------
     termination of your employment ("Date of Termination") will be (a) if your
     employment is terminated by your death, the end of the month in which
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     your death occurs, (b) if your employment is terminated for Disability,
     thirty (30) days after Notice of Termination is given, or (c) if your
     employment is terminated by you or the Company for any other reason, the
     date specified in the Notice of Termination, which will not be later than
     thirty (30) days after the date on which the Notice of Termination is
     given.

5.   Benefits upon Certain Terminations following a Change in Control.  If any
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of the events described in paragraph 3 constituting a Change in Control occurs
and your employment is terminated under the circumstances described in paragraph
4 which entitle you to payments and benefits under this paragraph 5, then the
provisions of subparagraphs 5.1 through 5.6 will apply. For purposes of
determining your compensation and benefits under this paragraph 5, amounts
accrued, earned or received under plans or programs maintained by Equifax Inc.,
prior to the date the Company was spun-off from Equifax Inc., will be treated as
if they were accrued, earned or received under plans or programs maintained by
the Company.

     5.1  Compensation through Date of Termination.  The Company will pay you
          ----------------------------------------
     (a) any unpaid amount of your base salary through the Date of Termination,
     (b) with respect to any year then completed, any unpaid amount accrued to
     you pursuant to the Incentive Plan, and (c) with respect to any year then
     partially completed, a pro rata portion through the Date of Termination of
     your target annual bonus under the Incentive Plan.  For purposes of item
     (c) above, your "target annual bonus under the Incentive Plan" will be your
     annual base salary as of the Date of Termination multiplied by the target
     percentage of your bonus under the Incentive Plan.

     5.2  Additional Severance.  In lieu of any further salary payments to you
          --------------------
     for periods subsequent to the Date of Termination, the Company will pay as
     severance pay to you on the fifth (5th) business day following the Date of
     Termination a lump sum equal to two (2) times the sum of (a) your annual
     base salary at the highest rate in effect during the twelve (12) months
     immediately preceding the Date of Termination plus (b) the higher of (i)
     the highest annual bonus paid to you or paid but deferred on your behalf
     under the Incentive Plan, (ii) any earned, but unpaid, bonus accrued for
     your benefit under the Incentive Plan, or (iii) your highest target annual
     bonus under the Incentive Plan, whether or not earned, in each case with
     respect to the three (3) calendar years immediately preceding the year in
     which the Date of Termination occurs and the partial calendar year ending
     on the Date
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     of Termination. For purposes of item (iii) above and subparagraph 5.3, the
     "highest target annual bonus under the Incentive Plan" for the partial
     calendar year ending on the Date of Termination will be your annual base
     salary as of the Date of Termination multiplied by the target percentage of
     your bonus under the Incentive Plan.

     5.3  Additional Retirement Benefit.  If you are a participant in the
          -----------------------------
     Company's U.S. Retirement Income Plan (the "Retirement Plan"), the Company
     will pay you on the fifth (5th) business day following the Date of
     Termination a lump sum retirement benefit, in addition to the benefits to
     which you are or would be entitled under the Retirement Plan.  That benefit
     will be a lump sum amount that is the actuarial equivalent of your benefits
     calculated pursuant to the terms of the Retirement Plan with the following
     adjustments:  (a) regardless of your Years of Vesting Service under the
     Retirement Plan, you will be treated as if you were 100% vested under the
     Retirement Plan, (b) the number of Years of Benefit Service used will be
     the actual number of Years of Benefit Service accumulated as of the Date of
     Termination plus an additional number of Years of Benefit Service (up to a
     maximum of five (5) additional years) equal to the number of additional
     Years of Benefit Service that you would have earned if you had remained an
     employee of the Company until attainment of age sixty-two (62), (c) the
     Final Average Earnings (for purposes of applying the benefit formula under
     the Retirement Plan) will be determined using (I) the highest monthly rate
     of Base Salary in effect during the twelve (12) months immediately
     preceding the Date of Termination, plus (II) the higher of (A) the highest
     annual bonus paid to you or paid but deferred on your behalf under the
     Plan, (B) any earned, but unpaid, bonus accrued for your benefit under the
     Plan, or (C) your highest target annual bonus under the Plan, whether or
     not earned, in each case with respect to the three (3) calendar years
     immediately preceding the Date of Termination and the partial calendar year
     ending on the Date of Termination, divided by twelve (12) (regardless of
     the earnings limitations under the Retirement Plan or governmental
     regulations applicable to those plans), and (d) the monthly retirement
     benefit so calculated will be reduced by an amount equal to the monthly
     retirement benefit payable to you under the Retirement Plan.  All
     capitalized terms used in this subparagraph, unless otherwise defined, will
     have the same meanings as those terms are defined in the Retirement Plan.
     The actuarial equivalent will be calculated based on the assumptions
     contained in the Retirement Plan on the Date of Termination; provided that
     the assumptions on which the actuarial equivalent
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     will be calculated will be no less favorable to you than those assumptions
     contained in the Retirement Plan on the date of the Change in Control.

     5.4  Benefit Plans.
          -------------

          (a) Unless your employment is terminated for Cause, the Company will
          maintain in full force and effect, for your continued benefit for two
          (2) years after your Date of Termination, the group health, dental,
          vision, life insurance. disability and similar coverages in which you
          are entitled to participate immediately prior to the Date of
          Termination at the same level as for active employees and in the same
          manner as if your employment had not terminated.  Any additional
          coverages you had at termination, including dependent coverage, will
          also be continued for that period on the same terms, to the extent
          permitted by the applicable policies or contracts.  You will be
          responsible for paying any costs you were paying for those coverages
          at the time of termination by separate check payable to the Company
          each month in advance.  If the terms of any benefit plan referred to
          in this subparagraph 5.4(a), or the laws applicable to that plan do
          not permit your continued participation, then the Company will arrange
          for other coverages satisfactory to you at the Company's expense that
          provide substantially similar benefits, or the Company will pay you a
          lump sum amount equal to the costs you would have to pay to obtain
          those coverage(s) for the three-year period.

          (b) If you have satisfied the requirements for receiving the Company's
          retiree medical coverage on your Date of Termination or will satisfy
          those requirements prior to the last day of the two-year benefit
          continuation period provided in item (a) above, you (and your
          dependents) will be covered by, and receive benefits under, the
          Company's retiree medical coverage program for employees at your
          level.  Your retiree medical coverage will commence on the date your
          health care coverage terminates under item (a) above, and will
          continue for your life (i.e., the coverage will be vested and may not
          be terminated), subject only to those changes in the level of coverage
          that apply to employees at your level generally.

          (c) You will be entitled to continue to participate in the Company's
          401(k) Retirement and Savings Plan for the two-year period after your
          Date of Termination.  For purposes of the 401(k) Plan, you will
          receive
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          an amount equal to the Company's contributions to the 401(k)
          Plan, assuming you had made contributions to the 401(k) Plan at the
          maximum permissible level.  If the Company cannot contribute those
          additional amounts to the 401(k) Plan on your behalf because of the
          terms of the 401(k) Plan or applicable law, the Company will pay to
          you within five (5) days of the Date of Termination a lump sum amount
          equal to the additional amounts the Company would have been required
          to contribute (based upon the terms of the 401(k) Plan as in effect on
          the Date of Termination).

     5.5  No Mitigation Required.  You will not be required to mitigate the
          ----------------------
     amount of any payment or benefits provided for in this paragraph 5 by
     seeking other employment or otherwise, nor will the amount of any payment
     or benefits provided for in this paragraph 5 be reduced by any compensation
     earned by you, or benefits provided to you, as the result of employment by
     another employer after the Date of Termination, or otherwise.

     5.6  Tax Gross-Up Payment.  If any payments or benefits provided pursuant
          --------------------
     to this Letter or any other payments or benefits provided to you by the
     Company are subject to an excise tax on an "excess parachute payment" under
     Section 4999 of the Internal Revenue Code of 1986 (the "Code"), or any
     successor provision of the Code, or are subject to an excise or penalty tax
     under any similar provision of any other revenue system to which you may be
     subject, the Company will provide a gross-up payment to you in order to
     place you in the same after-tax position you would have been in had no
     excise or penalty tax become due and payable under Code Section 4999 (or
     any successor provision) or any similar provision of that other revenue
     system.  That gross-up payment will not apply to any excise or penalty tax
     attributable to any incentive stock option granted to you by the Company or
     Equifax Inc. prior to April 1, 1998.  Any gross-up payment to which you are
     entitled as a result of the applicability of an excise tax under Code
     Section 4999 or any successor provision of the Code, or as a result of any
     excise or penalty tax under any similar provision of any other revenue
     system to which you may be subject, will be determined in accordance with a
     "Policy with Respect to Tax Gross-up Payments" adopted, or which will be
     adopted, by the Board of Directors (or a Committee of the Board), and once
     that policy is adopted, no amendment of that policy that adversely affects
     you will be effective with respect to your rights under this Letter without
     your written consent.
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6.   Successors: Binding Agreement.
     -----------------------------

     6.1  Assumption by Company's Successor.  The Company will require any
          ---------------------------------
     successor (whether direct or indirect, by purchase, merger, consolidation
     or otherwise) to all or substantially all of the business and/or assets of
     the Company, by agreement in form and substance reasonably satisfactory to
     you, to expressly assume and agree to perform this Letter.  Failure of the
     Company to obtain that agreement prior to the effectiveness of any
     succession will be a breach of this Letter and will entitle you to
     compensation from the Company in the same amount and on the same terms as
     you would be entitled under this Letter if you terminated your employment
     for Good Reason within two (2) years following a Change in Control, except
     that for purposes of implementing the foregoing, the date on which that
     succession becomes effective will be deemed the Date of Termination.  As
     used in this Letter, "Company" means Certegy Inc. and any successor to its
     business and/or assets that executes and delivers the agreement provided
     for in this subparagraph 6.1 or that otherwise becomes bound by all the
     terms and provisions of this Letter by operation of law.

     6.2  Enforcement by Your Successor.  This Letter will inure to the benefit
          -----------------------------
     of and be enforceable by your personal or legal representatives, executors,
     administrators, successors, heirs, distributees, devisees and legatees.  If
     you die subsequent to the termination of your employment while any amount
     would still be payable to you pursuant to this Letter if you had continued
     to live, all those amounts, unless otherwise provided in this Letter, will
     be paid in accordance with the terms of this Letter to your devisee,
     legatee or other designee or, if there be no designee, to your estate; that
     payment to be made in a lump sum within sixty (60) days from the date of
     your death.

7.   Notice.  For purposes of this Letter, notices and all other communications
     ------
provided for in this Letter will be in writing and will be deemed to have been
duly given when delivered or mailed by United States registered mail, return
receipt requested, postage pre-paid, addressed to the respective addresses set
forth on the first page of this Letter, provided that all notices to the Company
will be directed to the attention of the Chief Executive Officer of the Company
(or if the notice is from the Chief Executive Officer, to the General Counsel of
the Company), or to that other address as either party may have furnished to the
other in writing in accordance with this paragraph 7, except that notice of
change of address will be effective only upon receipt.
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8.   Modification and Waiver.  No provision of this Letter may be modified,
     -----------------------
waived or discharged unless that waiver, modification or discharge is agreed to
in writing by you and that officer as may be specifically designated by the
Board of Directors of the Company.  No waiver by either party at any time of any
breach by the other party of, or compliance with, any condition or provision of
this Letter to be performed by that other party will be deemed a waiver of
similar or dissimilar provisions or conditions at the time or at any prior or
subsequent time.

9.   Construction.  This Letter supersedes (a) any oral agreement between you
     ------------
and the Company and any oral representation by the Company to you with respect
to the subject matter of this Letter, and (b) that letter agreement dated
__________, ____ between you and Equifax Inc. pertaining to change in control.
The validity, interpretation, construction and performance of this Letter will
be governed by the laws of the State of Georgia.

10.   Severability.   If any one or more of the provisions of this Letter or any
      ------------
word, phrase, clause, sentence or other portion of a provision is deemed illegal
or unenforceable for any reason, that provision or portion will be modified or
deleted in such a manner as to make this Letter as modified legal and
enforceable to the fullest extent permitted under applicable laws.  The validity
and enforceability of the remaining provisions or portions of this Letter will
remain in full force and effect.

11.   Counterparts.  This Letter may be executed in two or more counterparts,
      ------------
each of which will take effect as an original and all of which will evidence one
and the same agreement.

12.   Legal Fees.  If the Company breaches this Letter or if, within two (2)
      ----------
years following a Change in Control,  your employment is terminated under
circumstances described in paragraph 4 that entitle you to payments and benefits
under paragraph 5, the Company will reimburse you for all legal fees and
expenses reasonably incurred by you as a result of that termination (including
all those fees and expenses, if any, incurred in contesting or disputing the
termination or in seeking to obtain or enforce any right or benefit provided by
this Letter).

Upon presentation to the Company of the invoice for those legal fees and
expenses, the Company will reimburse you monthly for those legal fees and
expenses.

13.   Indemnification.  After your termination, the Company will indemnify you
      ---------------
and hold you harmless from and against any claim relating to your performance as
an officer, director or employee of the Company or any of its subsidiaries or
other
<PAGE>

_________________
_________________
Page 14

affiliates or in any other capacity, including any fiduciary capacity, in which
you served at the Company's request, in each case to the maximum extent
permitted by law and under the Company's Articles of Incorporation and Bylaws
(the "Governing Documents"), provided that under no circumstances will the
protection afforded to you under this paragraph be less than that afforded under
the Governing Documents as in effect on the date of this Agreement except for
changes mandated by law. You will continue to receive the benefits of, and be
covered by, any policy of directors and officers liability insurance maintained
by the Company for the benefit of its directors, officers and employees.

14.   Employment by a Subsidiary.  Either the Company or a Subsidiary may be
      --------------------------
your legal employer. For purposes of this Letter, any reference to your
termination of employment with the Company means termination of employment with
the Company and all Subsidiaries, and does not include a transfer of employment
between any of them. The actions referred to under the definition of "Good
Reason" in subparagraph 4.3 include the actions of the Company or your employing
Subsidiary, as applicable. The obligations created under this Letter are
obligations of the Company. A change in control of a Subsidiary will not
constitute a Change in Control for purposes of this Letter unless there is also
a contemporaneous Change in Control of the Company. For purposes of paragraph 1
and this paragraph, a "Subsidiary" means an entity more than fifty percent (50%)
of whose equity interests are owned directly or indirectly by the Company.

If you accept the above terms, please sign and return to me the enclosed copy of
this Letter.

Sincerely,

Agreed to as of ______________, _____

_____________________________________
[Name]<PAGE>

                                                                   EXHIBIT 10.13

                                  CERTEGY INC.

                        Executive Life and Supplemental
                            Retirement Benefit Plan

     THIS EXECUTIVE LIFE AND SUPPLEMENTAL RETIREMENT BENEFIT PLAN (the "Plan"),
effective immediately following the close of the Distribution Date, is hereby
adopted and established by Certegy Inc., a Georgia corporation, (the "Company")
and will be maintained by the Company for selected executives as provided
herein.

                              Article I - Purpose

     The purpose of the Plan is to reward certain specified executives of the
Company for their service to the Company and to provide an incentive to the
Participants, including newly hired executives, for future service and loyalty
to the Company. This Plan provides benefits through life insurance policies
(each a "Policy") on the lives of Participants. Plan benefits and a
Participant's interest in his or her Policy shall be as set forth in the
Participant Agreements that each Participant is required to execute with the
Company before becoming a participant herein. In all cases, a Participant's
interest in this Plan and the benefits provided hereunder shall be governed by
this Plan and the terms of the Participant Agreements, which shall be considered
to be a part of this Plan.

     The Plan is established by the Company in connection with the spinoff of
the Company from Equifax Inc., and shall be considered a successor to the
Equifax Inc. Executive Life and Supplemental Retirement Benefit Plan (U.S.) (the
"Prior Plan").

                   Article II - Eligibility and Participation

     2.1  Eligibility and Participation.  Participants shall be designated by
          -----------------------------
the Plan Administrator (but not by any designee thereof) or the Company's Chief
Executive Officer and shall be informed in writing of the effective date of
their participation in the Plan (the "Commencement Date") and their level of
life insurance benefits to which they may be entitled. In order to participate,
a Participant must complete certain enrollment documents and must execute (i) a
Split-Dollar Life Insurance Agreement which specifies, among other matters, the
respective interests of the Participant and the Company in the Policy issued by
the Insurance Company, and (ii) a Collateral Assignment of certain rights in the
Policy in favor of the Company (collectively, the "Participant Agreements").
Individuals who were participants in the Prior Plan on the close of the
Distribution Date and who become employed by the Company, or remain so employed,
immediately after the close of the Distribution Date (the "Transferred
Individuals") shall automatically become Participants in this Plan immediately
after the close of the Distribution Date, which shall automatically be their
Commencement Date, and the Split-Dollar Life Insurance Agreements and Collateral
Assignments that were in effect under the Prior Plan (collectively, the "Prior
Agreements") shall be applicable under this Plan, subject to the following
provisions of this Article II.

     2.2  Succession.  With respect to Participants who are Transferred
          ----------
Individuals, the Company shall succeed to all rights and obligations of Equifax
Inc. under the Prior Agreements,
<PAGE>

including the right to recover from any cash values under each Transferred
Individual's Policy by means of enforcing the collateral assignment relating to
such Policy. All rights of Transferred Individuals under the Prior Agreements
shall be determined consistently with this succession to the rights and
obligations of Equifax Inc., and subject thereto and Section 2.3 below, the
Prior Agreements shall continue in effect hereunder (and to this extent shall be
considered Participant Agreements). Except as provided in this Section 2.2, the
Transferred Individuals shall cease to have any rights under the Prior
Agreements immediately after the close of the Distribution Date.

     2.3  Supersession.  The Company and a Transferred Individual may enter into
          ------------
one or more amendments to the Prior Agreements, and they may enter into a new
Split-Dollar Life Insurance Agreement, a new Collateral Assignment or both,
which shall supersede in part or in whole, as appropriate, the Prior Agreements.
Further, as a condition of continuing as a Participant, the Company may require
a Transferred Individual to execute any such document (and to perform such acts)
as may be necessary or desirable to effectuate the assumption by the Company of
all of the right, title, interests, and obligations of Equifax Inc. in and to
the Transferred Individual's Prior Agreements.

                           Article III - Definitions

     The following terms shall have the meanings ascribed to them below for
purposes of the Plan, the Participant Agreements and the Questions and Answers
for the Executive Life and Supplemental Retirement Benefit Plan, as initially in
effect following the Distribution Date, and any amendments, supplements or
successors thereto. Other capitalized terms used herein and not defined herein
shall have the meanings ascribed to them in the Participant Agreements.

     3.1  Cause.  "Cause" shall mean termination by the Company of the
          -----
Participant's employment upon any one of the following circumstances:

          (a)  the Participant's willful and continued failure to substantially
     perform the Participant's duties with the Company (other than any failure
     resulting from the Participant's incapacity due to physical or mental
     illness, including being Permanently Disabled), after a written demand for
     substantial performance is delivered to the Participant by the Chief
     Executive Officer of the Company (or if the Participant is the Chief
     Executive Officer, the Chairman of the Compensation and Human Resources
     Committee of the Board of Directors) that specifically identifies the
     manner in which the Chief Executive Officer (or the Chairman) believes that
     the Participant has not substantially performed the Participant's duties,
     or

          (b) the Participant willfully engaging in conduct that is materially
     injurious to the Company, monetarily or otherwise.

     For purposes of this Section 3.1, no act, or failure to act, on the
Participant's part will be considered "willful" unless done, or omitted to be
done, by the Participant not in good faith and without reasonable belief that
the Participant's action or omission was in the best interest of the Company.
Notwithstanding the above, the Participant will not be deemed to have been
terminated for Cause unless and until the Participant has been given a copy of a
Notice of Termination from the Chief Executive Officer of the Company (or if the
Participant is the Chief Executive Officer, the Chairman of the Compensation and
Human Resources Committee of the Board of Directors), after reasonable notice to
the Participant and an opportunity for the

                                       2
<PAGE>

Participant, together with the Participant's counsel, to be heard before (i) the
Chief Executive Officer, or (ii) if the Participant is an elected officer of the
Company, the Board of Directors of the Company, finding that in the good faith
opinion of the Chief Executive Officer, or, in the case of an elected officer,
finding that in the good faith opinion of two-thirds of the Board of Directors,
the Participant committed the conduct set forth above in clauses (a) or (b) of
this Section 3.1, and specifying the particulars of that finding in detail.

     3.2  Change in Control.  "Change in Control" shall mean the occurrence of
          -----------------
any one of the following events during the period in which the Plan remains in
effect:

          (a) Voting Stock Accumulations.  The accumulation by any Person of
              --------------------------
     Beneficial Ownership of twenty percent (20%) or more of the combined voting
     power of the Company's Voting Stock; provided that for purposes of this
                                          --------
     paragraph (a), a Change in Control will not be deemed to have occurred if
     the accumulation of twenty percent (20%) or more of the voting power of the
     Company's Voting Stock results from any acquisition of Voting Stock (i)
     directly from the Company that is approved by the Incumbent Board, (ii) by
     the Company, (iii) by any employee benefit plan (or related trust)
     sponsored or maintained by the Company or any Subsidiary, or (iv) by any
     Person pursuant to a Business Combination that complies with all of the
     provisions of clauses (i), (ii) and (iii) of paragraph (b) below,

          (b) Business Combinations.  The consummation of a Business
              ---------------------
     Combination, unless, immediately following that Business Combination, (i)
     all or substantially all of the Persons who were the beneficial owners of
     Voting Stock of the Company immediately prior to that Business Combination
     beneficially own, directly or indirectly, more than sixty-six and two-
     thirds percent (66 2/3%) of the then outstanding shares of common stock and
     the combined voting power of the then outstanding voting securities
     entitled to vote generally in the election of directors of the entity
     resulting from that Business Combination (including an entity that as a
     result of that transaction owns the Company or all or substantially all of
     the Company's assets either directly or through one or more subsidiaries)
     in substantially the same proportions relative to each other as their
     ownership, immediately prior to that Business Combination, of the Voting
     Stock of the Company, (ii) no Person (other than the Company, that entity
     resulting from that Business Combination, or any employee benefit plan (or
     related trust) sponsored or maintained by the Company, any Eighty Percent
     (80%) Subsidiary or that entity resulting from that Business Combination)
     beneficially owns, directly or indirectly, twenty percent (20%) or more of
     the then outstanding shares of common stock of the entity resulting from
     that Business Combination or the combined voting power of the then
     outstanding voting securities entitled to vote generally in the election of
     directors of that entity, and (iii) at least a majority of the members of
     the Board of Directors of the entity resulting from that Business
     Combination were members of the Incumbent Board at the time of the action
     of the board providing for that Business Combination;

          (c) Sale of Assets.  A sale or other disposition of all or
              --------------
     substantially all of the assets of the Company; or

          (d) Liquidations or Dissolutions.  Approval by the shareholders of the
              ----------------------------
     Company of a complete liquidation or dissolution of the Company, except
     pursuant to a

                                       3
<PAGE>

     Business Combination that complies with all of the provisions of clauses
     (i), (ii) and (iii) of paragraph (b) above.

For purposes of this Section 3.2, the following definitions will apply:

          "Beneficial Ownership" means beneficial ownership as that term is used
     in Rule 13d-3 promulgated under the Exchange Act.

          "Business Combination" means a reorganization, merger or consolidation
     of the Company.

          "Eighty Percent (80%) Subsidiary" means an entity in which the Company
     directly or indirectly beneficially owns eighty percent (80%) or more of
     the outstanding Voting Stock.

          "Exchange Act" means the Securities Exchange Act of 1934, including
     amendments, or successor statutes of similar intent.

          "Incumbent Board" means a Board of Directors at least a majority of
     whom consist of individuals who either are (a) members of the Company's
     Board of Directors as of the day after the spinoff of the Company from
     Equifax Inc. becomes effective, or (b) members who become members of the
     Company's Board of Directors subsequent to such date whose election, or
     nomination for election by the Company's shareholders, was approved by a
     vote of at least two-thirds (2/3) of the directors then comprising the
     Incumbent Board (either by a specific vote or by approval of the proxy
     statement of the Company in which that person is named as a nominee for
     director, without objection to that nomination), but excluding, for that
     purpose, any individual whose initial assumption of office occurs as a
     result of an actual or threatened election contest (within the meaning of
     Rule 14a-11 of the Exchange Act) with respect to the election or removal of
     directors or other actual or threatened solicitation of proxies or consents
     by or on behalf of a Person other than the Board of Directors.

          "Person" means any individual, entity or group (within the meaning of
     Section 13(d)(3) or 14 (d)(2) of the Exchange Act).

          "Voting Stock" means the then outstanding securities of an entity
     entitled to vote generally in the election of members of that entity's
     Board of Directors.

     3.3  Claimant.  "Claimant" shall have the meaning given to it in Section
          --------
4.1.

     3.4  Commencement Date.  "Commencement Date" shall have the meaning given
          -----------------
to it in Section 2.1.

     3.5  Company.  "Company" shall mean Certegy Inc., a Georgia corporation,
          -------
and its successor or successors.

                                       4
<PAGE>

     3.6  Competitive Activity.  A Participant or former Participant shall be
          --------------------
deemed to engage in "Competitive Activity" if he or she:

          (a) directly or indirectly owns, operates, controls, participates in,
     performs services for, or otherwise carries on, a business substantially
     similar to or competitive with the business conducted by the Company or any
     Subsidiary (without limit to any particular region, because Participant
     acknowledges that such business may be engaged in effectively from any
     location in the United States or Canada); provided that nothing set forth
                                               --------
     in this paragraph (a) will prohibit a Participant from owning not in excess
     of 5% of any class of capital stock of any corporation if such stock is
     publicly traded and listed on any national or regional stock exchange or on
     the Nasdaq Stock Market;

          (b) directly or indirectly attempts to persuade any employee or
     customer of the Company or any Subsidiary to terminate such employment or
     business relationship in order to enter into any such relationship on
     behalf of the Participant or any third party in competition with the
     business conducted by the Company or any Subsidiary; or

          (c) directly or indirectly engages in any activity that is harmful to
     the interests of the Company or any Subsidiary, as determined by the
     Compensation and Human Resources Committee in its sole discretion,
     including the disclosure or misuse of any confidential information or trade
     secrets of the Company or a Subsidiary.

     3.7  Distribution Date.  "Distribution Date" shall have the meaning given
          -----------------
to it in the Employee Benefits Agreement between Equifax Inc. and Certegy Inc.

     3.8  Good Reason.  "Good Reason" shall mean a termination by the
          -----------
Participant of the Participant's employment within the period of time beginning
six (6) months prior to a Change in Control and ending on the third anniversary
of such Change in Control and based on:

          (a) The assignment to the Participant of duties inconsistent with the
     Participant's position and status with the Company as they existed
     immediately prior to the Change in Control, or a substantial change in the
     Participant's title, offices or authority, or in the nature of the
     Participant's responsibilities, as they existed immediately prior to the
     Change in Control, except in connection with the termination of the
     Participant's employment by the Company for Cause, by the Participant other
     than for Good Reason or as a result of death;

          (b) A reduction by the Company in the Participant's base salary as in
     effect on the Commencement Date or as the Participant's salary may be
     increased from time to time;

          (c) A failure by the Company to continue the Company's incentive
     compensation plan(s), as it may be modified from time to time,
     substantially in the form in effect immediately prior to a Change in
     Control (the "Incentive Plan"), or a failure by the Company to continue the
     Participant as a participant in the Incentive Plan on at least the basis of
     the Participant's participation immediately prior to a Change in Control,
     or to pay the Participant the amounts that the Participant would be
     entitled to receive in accordance with the terms of the Incentive Plan (as
     in effect immediately prior to the Change in Control);

                                       5
<PAGE>

          (d) The Company requiring the Participant to be based more than
     thirty-five (35) miles from the location where the Participant is based
     prior to the Change in Control, except for required travel on Company
     business to an extent substantially consistent with the Participant's
     business travel obligations immediately prior to the Change in Control; or
     if the Participant consents to the relocation, the failure by the Company
     to pay (or reimburse the Participant for) all reasonable moving expenses
     incurred by the Participant or to indemnify the Participant against any
     loss realized on the sale of the Participant's principal residence in
     connection with the relocation;

          (e) The failure by the Company to continue in effect any retirement
     plan, compensation plan, performance share plan, stock option plan, life
     insurance plan, health and accident plan, disability plan or another
     benefit plan in which the Participant is participating immediately prior to
     a Change in Control (except that the Company may cancel any such plans
     without triggering this paragraph (e), if it provides the Participant with
     substantially similar benefits under another plan), the taking of any
     action by the Company that would adversely affect the Participant's
     participation or materially reduce the Participant's benefits under any
     such plans or deprive the Participant of any material fringe benefit
     enjoyed by the Participant immediately prior to a Change in Control, or the
     failure by the Company to provide the Participant with the number of paid
     vacation days to which the Participant is then entitled in accordance with
     the Company's normal vacation practices in effect immediately prior to a
     Change in Control; or

          (f) Any purported termination not effected pursuant to a Notice of
     Termination shall not be valid for purposes of this Plan.

     3.9  Insurance Company.  "Insurance Company" shall mean Pacific Life
          -----------------
Insurance Company, or such successor or successors that have issued life
insurance policies on the lives of the Participants with respect to the Plan.

     3.10  Notice of Termination.  A "Notice of Termination" shall mean a
           ---------------------
written notice that indicates the specific provision in the definition of Cause
relied upon as the basis for the Participant's termination of employment and
setting forth in reasonable detail the facts and circumstances claimed to
provide a basis for the termination of Participant's employment under the
provision so indicated.

     3.11  Participant.  "Participant" shall mean those specified executives of
           -----------
the Company or any affiliate who have been designated by the Plan Administrator
or Company's Chief Executive Officer as eligible to participate herein (or who
are automatically eligible to participate under Section 2.1), who have completed
all enrollment documents as specified in Section 2.1 and who remain so
qualified.

     3.12  Participant Agreements.  "Participant Agreements" shall have the
           ----------------------
meaning given to it in Section 2.1.

     3.13  Permanently Disabled.  "Permanently Disabled" shall mean the
           --------------------
Participant suffering a sickness, accident or injury, which in the determination
of the Plan Administrator would entitle the Participant to disability benefits
under either social security or the Company's

                                       6
<PAGE>

long-term disability plan. The Company reserves the right to require the
Participant to first qualify for disability benefits under either social
security or the Company's long-term disability plan before determining whether
such Participant is Permanently Disabled for purposes of this Plan.

     3.14  Plan.  "Plan" shall mean this Executive Life and Supplemental
           ----
Retirement Benefit Plan, as amended and restated from time to time.

     3.15   Plan Administrator.  "Plan Administrator" shall mean the
            ------------------
Compensation and Human Resources Committee of the Board of Directors of the
Company, or its designee or designees.

     3.16  Policy.  "Policy" shall have the meaning given to it in Article I.
           ------

     3.17  Prior Agreements.  "Prior Agreements" shall have the meaning given to
           ----------------
it in Section 2.1.

     3.18  Prior Plan.  "Prior Plan" shall have the meaning given to it in
           ----------
Article I.

     3.19  Retirement.  "Retirement" shall mean a Participant's termination of
           ----------
employment with the Company and all affiliates after (a) attaining age 65, (b)
attaining age 55 and five "Years of Vesting Service," or (c) attaining age 50
and the Participant's age plus his or her "Years of Benefit Service" equals at
least 75.  "Years of Vesting Service" and "Years of Benefit Service" shall have
the meanings given to them in the Certegy Inc. U.S. Retirement Income Plan.

     3.20  Subsidiary.  "Subsidiary" shall mean an entity more than fifty
           ----------
percent (50%) of whose equity interests are owned directly or indirectly by the
Company.

     3.21  Transferred Individual.  "Transferred Individual" shall have the
           -----------------------
meaning given to it in Section 2.1.

                         Article IV - Claims Procedures

     4.1  Claims and Review Procedures.  The claims procedures contained in this
          ----------------------------
Article IV shall apply for all purposes of this Plan and the benefits provided
herein and through the Participant Agreements.  The claims procedure in Section
4.2 below shall be followed with respect to benefits provided by the Insurance
Company under the terms of the Policies.  The claims procedures in Section 4.3
below shall be followed with respect to benefits provided directly by the
Company.  The Participant and his or her heirs, successors, beneficiaries and
personal representatives (individually or collectively, a "Claimant") must
follow both procedures, if necessary.

     4.2  Filing a Claim for Insurance Benefits.  A Claimant shall make a claim
          -------------------------------------
for death benefits provided by the Insurance Company by submitting a written
claim and proof of claim to the Insurance Company in accordance with procedures
and guidelines established from time to time by the Insurance Company.  On
written request, the Plan Administrator shall provide copies of any claim forms
or instructions, or advise the Claimant how to obtain such forms or

                                       7
<PAGE>

instructions.  The Insurance Company shall decide whether the claim for death
benefits shall be allowed.  If a claim is denied in whole or in part, the
Insurance Company shall notify the Claimant and explain the procedure for
reviewing a denied claim.

     4.3  Filing a Claim with the Company.
          -------------------------------

          (a) Initial Procedures.  If a Claimant does not receive the Company
              ------------------
benefits under this Plan to which the Claimant believes he or she is entitled,
the Claimant must file a written claim for benefits in accordance with the terms
of this Article.  Not later than ninety (90) days after receipt of such a claim,
the Plan Administrator shall render a written decision on the claim to the
Claimant, unless special circumstances require the extension of such ninety (90)
day period.  If such extension is necessary, the Plan Administrator shall
provide the Claimant with written notification of such extension before the
expiration of the initial ninety (90) day period.  Such notice shall specify the
reason or reasons for such extension and the date by which a final decision can
be expected.  In no event shall such extension exceed a period of sixty (60)
days from the end of the initial ninety (90) day period.

          (b) Claim Denial.  In the event the Plan Administrator denies the
              ------------
claim of a Claimant in whole or in part, the Plan Administrator's written
notification shall specify, in a manner calculated to be understood by the
Claimant, (a) the reason for the denial, (b) a reference to the Plan or other
document or form that is the basis for the denial, (c) a description of any
additional material or information necessary for the Claimant to perfect the
claim, (d) an explanation as to why such information or material is necessary,
and (e) an explanation of the applicable claims procedure.

          (c) Subsequent Claim Review.  If the claim is denied in whole or in
              -----------------------
part and should the Claimant be dissatisfied with the Plan Administrator's
disposition of the Claimant's claim, the Claimant may have a full and fair
review of the claim by the Compensation and Human Resources Committee of the
Board of Directors of the Company (the "Committee") upon written request.  Such
request for additional review of the claim must be submitted by the Claimant or
the Claimant's duly authorized representative and received by the Committee
within sixty (60) days after the Claimant receives written notification that the
Claimant's claim has been denied by the Plan Administrator.  In connection with
such review, the Claimant or the Claimant's duly authorized representative shall
be entitled to review pertinent documents and submit the Claimant's views as to
the issues, in writing.  The Committee shall act to deny or accept the claim
within sixty (60) days after receipt of the Claimant's written request for
review.  The action of the Company shall be in the form of a written notice to
the Claimant and its contents shall include all of the requirements for action
on the original claim.  In no event may a Claimant commence legal action for
benefits the Claimant believes are due until the Claimant has exhausted all of
the remedies and procedures afforded the Claimant by this Article.

          (d) Satisfaction of Claim.  Any payment made to a Claimant may be made
              ---------------------
pursuant to a requirement that the Claimant execute a receipt and release
therefore in such form as shall be determined by the Plan Administrator, and any
payment or other distribution to a Claimant may be delayed until the Plan
Administrator receives a properly executed receipt and release.

                                       8
<PAGE>

                   Article V - Effect of a Change in Control

     In the event of a Change in Control, the trustee of the grantor trust that
has been established by the Company with respect to the Plan shall, as provided
in such grantor trust, ensure that appropriate Company contributions to the
grantor trust and payments of Policy premiums from the grantor trust are made
with respect to the Participants.

                    Article VI - Amendment and Termination

     6.1  Amendment.  The Company reserves the right to amend this Plan at any
          ---------
time by action of the Company's Board of Directors. The Company, however, may
not make any amendment that changes the definition of "Change in Control" or
"Good Reason" after a Change in Control has occurred with respect to such Change
in Control without the written consent of all Participants as of the date of
such change.

     6.2  Termination.  The Company reserves the right to terminate this Plan,
          -----------
by action of the Company's Board of Directors, at any time it deems appropriate.
Upon termination of the Plan, no further Policy premium payments shall be made
by the Company and the rights of Participants with respect to their Policies
shall be as set forth in their respective Split-dollar Life Insurance
Agreements. Except as expressly provided in this Plan, the Company shall not
have any further financial obligations to any Participant after the termination
of this Plan. The Company shall provide written notice to all Participants if
the Plan is terminated. Notwithstanding the preceding provisions of this Section
6.2, in the event of a Change in Control, the Company shall not be able to
reduce a Participant's rights pursuant to this Section 6.2 to an extent that
exceeds its ability to reduce the Participant's rights under Section 6.1.

                         Article VII -- Administration

     7.1  Plan Administrator.  The Plan shall be administered by the Plan
          ------------------
Administrator, who shall establish operating guidelines from time to time for
purposes of the administration of the Plan.

     7.2  Powers and Duties of the Plan Administrator.  Subject to the express
          -------------------------------------------
terms and conditions set forth herein, the Plan Administrator shall have the
power to perform any and all actions, determinations and interpretations related
to the administration of the Plan, including the power from time to time:

          (a) to carry out the general administration of the Plan;

          (b) to cause to be prepared all forms necessary or appropriate for the
     administration of the Plan;

          (c) to keep appropriate books and records;

          (d) to determine, consistent with the provisions of this instrument
     all questions of eligibility, rights, and status of Participants under the
     Plan;

                                       9
<PAGE>

          (e) to issue, amend, and rescind rules relating to the administration
     of the Plan, to the extent those rules are consistent with the provisions
     of this instrument;

          (f) to establish uniform rules that shall govern when a Participant
     shall be continuously employed by the Company and/or an affiliate despite
     such Participant's leave of absence;

          (g) to exercise all other powers and duties specifically conferred
     upon the Committee elsewhere in this instrument; and

          (h) to interpret, with discretionary authority, the provisions of this
     Plan and to resolve, with discretionary authority, all disputed questions
     of Plan interpretation and benefit eligibility, provided that such
     discretionary authority shall not apply following a Change in Control with
     respect to a benefit claim by (or with respect to) an individual who was a
     Participant at the time of the Change in Control, unless the Participant
     consents in writing.

          7.3  Plan Expenses.  Expenses of Plan administration shall be paid by
               -------------
the Company, and if not paid within a reasonable time period, such expenses
shall be paid by the grantor trust that has been established by the Company with
respect to the Plan.

          7.4  Administration.  The Committee shall be entitled to rely on all
               --------------
tables, valuations, certificates, opinions, data and reports furnished by any
actuary, accountant, controller, counsel or other person employed or retained by
the Company with respect to the Plan.  The Plan Administrator shall serve
without bond and without compensation for services hereunder.

          7.5  Payment of Benefits.  With respect to the discretion of the Plan
               -------------------
Administrator and the standard of review applicable to benefit determinations,
benefits under this Plan will be paid only if the Plan Administrator or the
Company decides in its discretion that the Participant or Claimant is entitled
to them, provided that such discretion shall not apply following a Change in
Control with respect to a benefit claim by (or with respect to) an individual
who was a Participant at the time of the Change in Control, unless the
Participant consents in writing.

          7.6  Plan Taxes.  If the whole or any part of a Participant's Policy
               ----------
(or the cash surrender value thereof) becomes subject to any estate,
inheritance, income, employment or other tax which the Company may be required
to pay or withhold for or on behalf of the Participant, the Company shall have
the full power and authority to withhold and pay such tax out of any moneys or
other property in its hand for the benefit of the Participant.  To the extent
practicable, the Company shall provide the Participant notice of such
withholding.  Prior to making any payment, the Company may require such releases
or other documents from any lawful taxing authority as it shall deem necessary.

          7.7  Creditor Status.  Any funds invested in any trust established
               ---------------
with respect to the Plan shall continue for all purposes to be part of the
general assets of the Company and available to its general creditors in the
event of bankruptcy or insolvency.  A Participant's benefits which may be
payable pursuant to this Plan are not subject in any manner to anticipation,
sale,

                                       10
<PAGE>

alienation, transfer, assignment, pledge, encumbrance, charge, attachment, or
garnishment by a Participant, a Participant's beneficiary, or the creditors of
either. The Plan constitutes a mere promise by the Company to make benefit
payments in the future. No interest or right to receive a benefit may be taken,
either voluntarily or involuntarily, for the satisfaction of the debts of, or
other obligations or claims against, a Participant, a Participant's beneficiary,
or any other person or entity, including claims for alimony, support, separate
maintenance and claims in bankruptcy proceedings.

                         Article VIII - Miscellaneous

     8.1  Employment Effects.  Nothing contained in this Plan or any action
          ------------------
taken under the Plan shall be construed as a contract of employment or as giving
any Participant any right to be retained in employment with the Company or its
affiliates.  The Company and its affiliates specifically reserve the right to
terminate any Participant's employment at any time with or without cause, and
with or without notice or assigning a reason, subject to the terms of any
written employment agreement between the Participant and the Company or any
affiliate.

     8.2  Liability and Indemnification.  The Company shall indemnify, to the
          -----------------------------
fullest extent permitted by law, the Plan Administrator and directors, officers
and employees of the Company and its affiliates, both past and present, to whom
are or were delegated duties, responsibilities or authority with respect to the
Plan, against any and all claims, losses, liabilities, fines, penalties and
expenses (including, but not limited to, all legal fees relating thereto),
reasonably incurred by or imposed upon such persons, arising out of any act or
omission in connection with the operation and administration of the Plan, other
than willful misconduct.

     8.3  Waiver of Breach.  The Company's or the Plan Administrator's waiver of
          ----------------
any Plan or Participant Agreement provision shall not operate or be construed as
a waiver of any subsequent breach by a Participant.

     8.4  Gender, Number and Examples.  Except where otherwise indicated by the
          ---------------------------
context, in this Plan, the singular or plural number and the masculine, feminine
or neuter gender shall be deemed to include the other. Whenever an example is
provided or the text uses the term "including" followed by a specific item or
items, or there is a passage having a similar effect, such passage of the Plan
shall be construed as if the phrase "without limitation" followed such example
or term (or otherwise applied to such passage in a manner that avoids limitation
on its breadth of application).

     8.5  Severability.  In the event any provision of the Plan shall be held
          ------------
illegal or invalid for any reason, the illegality or invalidity shall not affect
the remaining parts of the Plan, and the Plan shall be construed and enforced as
if the illegal or invalid provision had not been included.

     8.6  Successors.  All obligations and rights of the Company under the Plan
          ----------
shall be binding on and inure to the benefit of any successor to the Company,
whether the existence of such successor is the result of a direct or indirect
purchase, merger, acquisition, consolidation, affiliation or other corporate
restructuring.

                                       11
<PAGE>

     8.7  Tax Effects.  The Company makes no promise, guarantee or warranty,
          -----------
express or implied, concerning the federal, state or local income or employment
tax treatment of any amount of benefits (including the cash surrender value of
any Participant's Policy) that may be paid to or accrued for the benefit of a
Participant.

     8.8  Benefits Provided Through Insurance.  Although the Company may assist
          -----------------------------------
Participants in obtaining life insurance coverage on the life of the
Participant, the Company is not responsible for paying any life insurance
benefits which are not paid by the Insurance Company, including whether such
nonpayment is caused by refusal of the Insurance Company to pay by virtue of a
legal reason for nonpayment, inability of the Insurance Company to pay, or any
other reason.

     8.9  Applicable Law.  All questions pertaining to the construction,
          --------------
validity and effect of the Plan shall be determined in accordance with the laws
of the United States and to the extent not preempted by such laws, by the laws
of the State of Georgia.

     8.10  Effect on Other Company Benefits.  The benefits provided by this Plan
           --------------------------------
shall replace the Participant's benefits provided by the Company to its
employees under the basic life insurance, basic accidental death and
dismemberment insurance and its retiree life insurance plans, and after becoming
a Plan Participant, the Participant shall no longer be eligible to participate
in such plans. However, Plan Participants shall remain eligible to participate
in any other benefit plan of the Company as provided in such plans, including
supplemental life and supplemental accidental death and dismemberment insurance.

     8.11  Transferred Individuals.  Notwithstanding anything in the Plan or the
           -----------------------
Participant Agreements to the contrary, and as provided by the Employee Benefits
Agreement between Equifax Inc. and Certegy Inc., all service and other benefit-
affecting determinations for Transferred Individuals that, as of the close of
the Distribution Date, were recognized under the Prior Plan for this purpose for
periods before the close of the Distribution Date, shall, effective immediately
after the close of the Distribution Date, receive full recognition, credit and
validity and shall be taken into account under this Plan to the same extent as
if such items occurred under the Prior Plan, except to the extent that
duplication of benefits would result. Specifically, even though Transferred
Individuals obtain a new Commencement Date as of the close of the Distribution
Date by becoming Participants in this Plan, (a) the Policy issued as a result of
their participation in the Prior Plan shall continue in effect under this Plan
and (b) their "Years of Benefit Service" and "Years of Vesting Service" (as
defined in Section 3.19) shall include prior service earned as an employee of
Equifax Inc.

                            [signature page follows]

                                       12
<PAGE>

     IN WITNESS WHEREOF, the Company has executed this Plan effective as of
immediately after the close of the Distribution Date.

                                            CERTEGY INC.

                                            By:
                                               ------------------------------
                                            Name:
                                            Title:

                                       13

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