Document:

Form of Employee Restricted Stock Unit Agreement

 Exhibit 10.46 
 HEARTLAND PAYMENT SYSTEMS, INC. 
 2008 EQUITY INCENTIVE PLAN 
 NOTICE OF RESTRICTED STOCK UNIT GRANT 
 Grantee
Name: [                    
                    ] 
 Pursuant to the
terms of the Heartland Payment Systems, Inc. 2008 Equity Incentive Plan (the “Plan”), you have been granted Restricted Stock Units (“RSUs”) of Heartland Payment Systems, Inc. (the “ Company “) upon
the terms and conditions set forth herein and in the Restricted Stock Unit Agreement (the “Agreement”) which is attached hereto: 
  

			
	Number of RSUs Granted:	 	[                     ]
		
	Date of Grant:	 	[                     ]
		
	Vesting Commencement Date:	 	[                     ]
		
	Vesting/Payment Schedule:	 	 So long as you are in Continuous Service status with the Company (as defined in the Plan), the RSUs shall vest and the Shares underlying such RSUs
shall be paid pursuant to Section 4 of the Agreement in accordance with the following schedule:
  
 [                    ]
  
 [                    ]

		
	Transferability:	 	The RSUs granted hereunder may not be transferred.

 No Employment or Service Contract. In addition, you agree and acknowledge that your
rights to the RSUs (and any Shares to be issued to you upon vesting of the RSUs) will be earned only as you provide services to the Company over time, that the grant of the RSUs is not as consideration for services you rendered to the Company prior
to your Vesting Commencement Date, and that nothing in this Notice or the attached Plan or Agreement shall confer upon you any right to continue your employment or consulting relationship with the Company for any period of time, nor does it
interfere in any way with your right or the Company’s right to terminate that relationship at any time, for any reason, with or without Cause. 
 Definitions. All capitalized terms in this Notice shall have the meaning assigned to them in this Notice, the attached Agreement or the Plan. 
 By your signature and the signature of the Company’s representative below, you and the Company agree that the RSUs are granted under and governed by the terms and conditions of the Plan and the Agreement, both of
which are attached and made a part of this document. You further acknowledge receipt of a copy of the Plan and the Agreement, represent that you have read and are familiar with their provisions, and hereby accept the RSUs subject to all of their
terms and conditions. 

			
	HEARTLAND PAYMENT SYSTEMS, INC.
		
	By:	 	  

	Name:	 	
	Title:	 	

 This award of RSUs is hereby accepted and the terms and conditions thereof hereby agreed to by the
undersigned. 
  

					
	Dated:	 	  
	    	  

		 		    	Grantee’s Signature
			
		 		    	Grantee’s name and address:
			
		 		    	  

			
		 		    	  

			
		 		    	  

 CIRCULAR 230 DISCLOSURE: To ensure compliance with requirements imposed by the IRS, we inform you that any tax
advice contained in this communication (including any attachments) (i) was not intended or written to be used, and cannot be used, for the purpose of avoiding any tax penalties and (ii) was not written to promote, market or recommend the
transaction or matter addressed in the communication. Each taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor. 
  

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 HEARTLAND PAYMENT SYSTEMS, INC. 
 2008 EQUITY INCENTIVE PLAN 
 RESTRICTED STOCK UNIT AGREEMENT

 1. Grant of RSUs. Heartland Payment Systems, Inc., a Delaware corporation (the “Company”), hereby grants
to [                                         ]
(the “Grantee”), the total number of Restricted Stock Units (“RSUs”) set forth in the Notice of Restricted Stock Unit Grant (the “Notice”), subject to the terms, definitions and provisions of the
Heartland Payment Systems, Inc. 2008 Equity Incentive Plan (the “Plan”) adopted by the Company, which is incorporated in this Agreement by reference. Unless otherwise defined in this Agreement, the terms used in this Agreement shall
have the meanings defined in the Plan. 
 2. Restrictions and Conditions. Prior to the vesting of the RSUs as described in the Notice,
the Grantee shall have no rights in the RSUs except as specifically provided herein. 
 (a) No Voting Rights or Dividends. Until such
time as the RSUs are paid to the Grantee in Shares, the Grantee shall have no voting rights and shall not be entitled to payment or accrual of any dividends, Dividend Equivalents or other distributions with respect to the RSUs or the Shares
underlying the RSUs. 
 (b) Restrictions on Transfer. The RSUs granted pursuant to this Agreement may not be sold, transferred,
pledged, assigned, or otherwise alienated or hypothecated and any such attempt to transfer any RSU will not be honored. 
 3. Vesting of
RSUs. The RSUs shall vest pursuant to the vesting schedule set forth in the Notice, so long as the Grantee remains in Continuous Service status with the Company through each such vesting date. The Grantee’s rights to all RSUs granted herein
and not yet vested in accordance with the provisions of the Notice shall automatically terminate upon the Grantee’s termination of Continuous Service status with the Company, whether voluntarily or involuntarily, for any reason or no reason.
Notwithstanding anything to the contrary contained herein, if Grantee’s Continuous Service status with the Company ceases (i) by reason of his death, or (ii) because of his Disability, then all outstanding RSUs granted pursuant to
this Agreement shall immediately become vested in full in accordance with the Plan. 
 4. Receipt of Shares Upon Vesting. As soon as
practicable following the vesting of the RSUs as set forth in the Notice (but in no event later than 30 days following the applicable vesting date), the Grantee shall receive one Share for each vested RSU. Shares to be acquired pursuant to this
Award shall be issued and delivered to the Grantee either in actual stock certificates or by electronic book entry, subject to tax withholding as provided in Paragraph 6, below. 
 5. Transferability. This Agreement is personal to the Grantee, is non-assignable and is not transferable in any manner, by operation of law or
otherwise, other than by will or the laws of descent and distribution. 

 6. Tax Consequences. The Company has not provided any tax advice with respect to the RSUs or the
disposition of the Shares. The Grantee should obtain advice from an appropriate independent professional adviser with respect to the taxation implications of the grant, payment, assignment, release, settlement, cancellation or any other disposition
of the RSUs (each, a “Trigger Event”) and on any subsequent sale or disposition of the Shares. The Grantee should also take advice in respect of the taxation indemnity provisions under Section 8 below. The Grantee shall, not
later than the date as of which the receipt of any RSU becomes a taxable event for Federal income tax purposes, pay to the Company or make arrangements satisfactory to the Administrator for payment of any Federal, state, and local taxes required by
law to be withheld on account of such taxable event. The Grantee may elect to have the required minimum tax withholding obligation satisfied, in whole or in part, by (i) authorizing the Company to withhold from Shares to be issued, or
(ii) transferring to the Company, a number of Shares with an aggregate Fair Market Value that would satisfy the withholding amount due. 
 7. Data Protection. 
 (a) To facilitate the administration of the Plan and this Agreement, it will be necessary for the
Company (or its payroll administrators) to collect, hold and process certain personal information about the Grantee and to transfer this data to certain third parties such as brokers with whom the Grantee may elect to deposit any share capital under
the Plan. The Grantee consents to the Company (or its payroll administrators) collecting, holding and processing the Grantee’s personal data and transferring this data to the Company or any other third parties insofar as is reasonably necessary
to implement, administer and manage the Plan. 
 (b) The Grantee understands that the Grantee may, at any time, view the Grantee’s
personal data, require any necessary corrections to it or withdraw the consents herein in writing by contacting the Company, but acknowledges that without the use of such data it may not be practicable for the Company to administer the
Grantee’s involvement in the Plan in a timely fashion or at all and this may be detrimental to the Grantee. 
 8. Grantee’s
Taxation Indemnity. 
 (a) To the extent permitted by law, the Grantee hereby agrees to indemnify and keep indemnified the Company and the
Company as trustee for and on behalf of any affiliate entity, in respect of any liability or obligation of the Company and/or any affiliate entity to account for income tax or any other taxation provisions under the laws of the Grantee’s
country or citizenship and/or residence to the extent arising from a Trigger Event or arising out of the acquisition, retention and disposition of the Shares. 
 (b) The Company shall not be obliged to allot and issue any of the Shares or any interest in the Shares unless and until the Grantee has paid to the Company such sum as is, in the opinion of the Company, sufficient to
indemnify the Company in full against any liability the Company has for any amount of, or representing, income tax or any other tax arising from a Trigger Event (the “RSU Tax Liability”), or the Grantee has made such other
arrangement as in the opinion of the Company will ensure that the full amount of any RSU Tax Liability will be recovered from the Grantee within such period as the Company may then determine. 
  

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 9. Miscellaneous. 
 (a) This Agreement and all acts and transactions pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and interpreted in accordance with the laws of the State of New
Jersey, without giving effect to principles of conflicts of law. 
 (b) The Grantee acknowledges receipt of a copy of the Plan and represents
that he or she is familiar with the terms and provisions thereof (and has had an opportunity to consult counsel regarding the terms of this award of RSUs), and hereby accepts the RSUs and agrees to be bound by the contractual terms as set forth
herein and in the Plan. The Grantee hereby agrees to accept as binding, conclusive and final all decisions and interpretations of the Administrator regarding any questions relating to the RSUs. In the event of a conflict between the terms and
provisions of the Plan and the terms and provisions of the Notice and this Agreement, the Plan terms and provisions shall prevail. This Agreement, the Notice and the Plan, constitute the entire agreement between the Grantee and the Company on the
subject matter hereof and supersedes all proposals, written or oral, and all other communications between the parties relating to such subject matter. 
 (c) The parties agree to execute such further instruments and to take such further action as may be reasonably necessary to carry out the purposes and intent of this Agreement. 
 This Agreement may be executed in two or more counterparts, each of which shall be deemed an original and all of which together shall constitute one
document. 
  

							
	GRANTEE	    	HEARTLAND PAYMENT SYSTEMS, INC.
			
	  
	    	By:	 	  

	(Signature)	    		 	
			
		    	Name:	 	  

			
	  
 (Printed Name)
	    	Title:	 	  

				
	Dated:	 	  
	    		 	

  

 3Amend. No. 1 to Amended and Restated Employee Confidential Information

 Exhibit 10.47 
 AMENDMENT NO. 1 
 TO AMENDED AND RESTATED 
 EMPLOYEE CONFIDENTIAL INFORMATION 
 AND NONCOMPETITION AGREEMENT 
 This Amendment No. 1 (“Amendment”) to that certain Amended and Restated
Employee Confidential Information and Noncompetition Agreement dated May 4, 2007 (the “Agreement”) by and between Robert O. Carr (the “Employee”) and Heartland Payment Systems, Inc., a Delaware corporation (collectively with
any and all current and future subsidiary and/or affiliate companies, the “Company”) is entered into effective May 11, 2009 by and between the Employee and the Company. Capitalized terms used but not defined herein shall have the
meanings ascribed to them in the Agreement. 
 RECITALS 
 WHEREAS, the Compensation Committee of the Board of Directors (the “Board”) of the Company awarded the Employee certain stock options and restricted stock units (collectively, the “Awards”) in
order to incentivize and retain the Employee; and 
 WHEREAS, a condition to the Employee’s receipt of, and in consideration for, the
Awards, the Employee and the Company agreed to enter into this Amendment to extend certain of the Employee’s noncompetition and nonsolicitation covenants in the circumstances described below; and 
 WHEREAS, the parties now desire to amend certain terms and conditions of the Agreement. 
 AGREEMENT 
 NOW, THEREFORE, in consideration of the foregoing and other good and
valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties to the Agreement agree as follows: 
 1. Section 2(a)
of the Agreement shall be deleted and replaced in its entirety by the following: 
 “(a) In consideration of the covenants by Employee
contained below, in the event of a termination of Employee’s employment by action of the Company other than for Cause or Disability, the Employee will receive severance pay, in an amount equal to the base salary that would have been paid for a
period of twenty four (24) months payable in accordance with the Company’s regular payroll practices, plus medical benefits for such period; provided, however, that in the event of a Change in Control (as defined below) the Employee will
receive severance pay, in an amount equal to the base salary that would have been paid for a period of twelve (12) months following the Employee’s termination after a Change in Control by action of the Company other than for Cause or
Disability payable in accordance with the Company’s regular payroll practices, plus medical benefits for such period; provided further that the Employee shall not be eligible to receive such severance pay unless such termination of employment
occurs after the ninetieth (90th) day of the Employee’s employment by the Company. Medical benefit continuation during such severance period shall be counted against the benefit continuation period required under COBRA.” 

 2. A new Section 2(f) shall be added to the Agreement as follows: 
 “(f) “Change in Control” shall mean the occurrence of any of the following events: 
 (i) the sale, exchange, lease or other disposition, in one or a series of related transactions, of all or substantially all of the assets
of the Company to a “person” or “group” (as such terms are defined or described in Sections 3(a)(9), 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)); 
 (ii) any person or group is or becomes the “Beneficial Owner” (as such term is Rule 13d-3 of the Exchange Act), directly or
indirectly, of more than 50% of the total voting power of the voting stock of the Company (or any successor to all or substantially all of the assets of the Company or any entity which controls the Company), including by way of merger, consolidation
or otherwise; 
 (iii) either a merger or consolidation of the Company with or into another person (as defined by
Section 13(d) or 14(d) of the Exchange Act) if the holders of the common stock of the Company immediately prior to such transaction are not the Beneficial Owners of a majority of the outstanding common stock of the surviving company or its
parent immediately after the transaction; 
 (iv) during any period of two (2) consecutive years, individuals who at the
beginning of such period constituted the Board (together with any new Directors whose election by such Board or whose nomination for election by the stockholders of the Company was approved by a vote of at least two-thirds of the Directors of the
Company then still in office, who were either Directors at the beginning of such period or whose election or nomination for election was previously so approved) cease for any reason to constitute a majority of the Board then in office; or

 (v) a dissolution or liquidation of the Company.” 
 3. Section 5(c) of the Agreement shall be deleted and replaced in its entirety by the following: 
 “(c) “Restricted Period” shall mean the period commencing on the date hereof and ending on the last date of the twenty fourth (24th) full calendar month following the Employee’s termination for any reason whatsoever
including but not limited to involuntary termination (with or without Cause) and/or voluntary termination; provided that the Restricted Period shall be extended by any amount of time that the Employee has failed to comply with his promises contained
in Section 5 of this Agreement; provided further that in the event of a Change in Control the Restricted Period shall mean the period commencing on the date hereof and ending on the last day of the twelfth (12th) full calendar month
following the Employee’s termination for any reason whatsoever including but not limited to involuntary termination (with or without Cause) and/or voluntary termination following a Change in Control.” 
  

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 4. Section 6(a) of the Agreement shall be deleted and replaced in its entirety by the following: 
 “(a) During the period commencing on the date hereof and ending on the last day of the twenty fourth (24th) full calendar month (the “Non
Solicitation of Customer/Supplier Period”) following the Employee’s termination for any reason whatsoever including but not limited to involuntary termination (with or without Cause) and/or voluntary termination, Employee hereby covenants
that he will not, directly or indirectly, solicit, entice or induce any Customer or Supplier (as defined below) of the Company to (i) become a Customer or Supplier of any other person or entity engaged in any business activity that competes
with any business conducted by the Company at any time during the period of Employee’s employment with the Company, or any business planned by the Company at any time during the period of Employee’s employment with the Company or
(ii) cease doing business with the Company, and Employee agrees that he will not assist any person or entity in taking any action described in the foregoing clauses (i) and (ii); provided, however, that in the event of a Change in Control
the Non Solicitation of Customer/Supplier Period shall mean the period commencing on the date hereof and ending on the last day of the twelfth (12th) full calendar month following the Employee’s termination for any reason whatsoever
including but not limited to involuntary termination (with or without Cause) and/or voluntary termination following a Change in Control. For purposes of this Section 6, (A) a “Customer” of the Company means any person,
corporation, partnership, trust, division, business unit, department or agency which, at the time of termination or within one year prior thereto, shall be or shall have been a customer, distributor or agent of the Company or shall be or shall have
been contacted by the Company for the purpose of soliciting it to become a customer, distributor or agent of the Company; and (B) a “Supplier” of the Company means any person, corporation, partnership, trust, division, business unit,
department or agency which, at the time of termination or within one (1) year prior thereto, shall be or shall have been a supplier, vendor, manufacturer or developer for any product or service or significant component used in any product or
service of the Company.” 
 5. Except as explicitly provided in this Amendment, all other terms and conditions of the Agreement shall remain in full
force and effect. 
 [Remainder of page intentionally left blank; signature page follows] 
  

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

			
	COMPANY:
	
	HEARTLAND PAYMENT SYSTEMS, INC.
		
	By:	 	 /s/ Robert H.B. Baldwin, Jr.

	Name:	 	Robert H.B. Baldwin, Jr.
	Title:	 	President and Chief Financial Officer
	
	EMPLOYEE:
		
	By:	 	 /s/ Robert O. Carr

	Name:	 	Robert O. Carr

  

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