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                                                                    EXHIBIT 10.5

                              AMENDMENT NUMBER FIVE
                                       TO
                        COUNTRYWIDE FINANCIAL CORPORATION
                                GLOBAL STOCK PLAN

      WHEREAS, Countrywide Financial Corporation (the "Company") wishes to amend
the Employee Stock Purchase Plan of the Countrywide Financial Corporation Global
Stock Plan (the "Plan") to provide for an Option Price based on the Offering
Termination Date;

      NOW THEREFORE, the Plan is amended to read as follows for Offerings
commencing on or after January 1, 2006:

      1. Section 6.02 is hereby amended by deleting this section in its entirety
and replacing it with a new Section 6.02 as follows:

      "6.02 Option Price. The per share option price of shares of Common Stock
purchased with payroll deductions made during any Offering (the "Offering
Price") by a Participant shall be not less than 92.5% of the Fair Market Value
of the stock on the Offering Termination Date of such Offering.

      IN WITNESS WHEREOF, the Company has caused this Amendment Number Five to
be executed by its duly authorized officer this 28th day of September, 2005.

                                          Countrywide Financial Corporation

                                          By:    /s/ Leora Goren
                                              ---------------------------------
                                                 Leora Goren
                                                 Senior Managing Director,
                                                 Chief Human Resources Officer

Attest:

 /s/ Gerard A. Healy
------------------------
Gerard A. Healy
Assistant Secretaryexv10w1

 

AGREEMENT

     This Agreement (this “Agreement”) is entered into by and between Affiliated Computer Services,
Inc. (the “Company”) and Jeffrey A. Rich (“Executive”) as of September 30, 2005.

     Executive has voluntarily decided to resign from his position as a director and as the Chief
Executive Officer of the Company and to assist the Company in the orderly transition of his duties
to his successor.

     In recognition of Executive’s long and successful service to the Company and its stockholders,
and the Company’s accomplishments under his leadership during his tenure, the Company has
determined to provide Executive with the benefits specified in this Agreement.

     This Agreement will govern the Company’s and Executive’s relationship and arrangements with
respect to such matters.

     In consideration of the foregoing and the mutual promises contained in this Agreement, the
Company and Executive agree as follows:

	 	1.	 	Status. Executive will remain an employee of the Company through June 30, 2006.
Executive agrees that he resigned as a director and the Chief Executive Officer of the Company
and as a director, officer and employee of any of its subsidiaries or affiliates as of
September 29, 2005. Following June 30, 2006, Executive will no longer be employed by the
Company and will have no further responsibility or obligation to the Company except as
specifically imposed by the terms of this Agreement or pursuant to the terms of any benefit
plan of the Company under which Executive is covered on or after September 29, 2005. During
the period commencing on September 29, 2005 and ending on June 30, 2006, Executive shall
assist the Company in connection with the orderly transition of his duties to his successor
and on such other matters related to his prior activities at the Company as may be reasonably
requested from time to time by the Board of Directors or senior management team of the
Company. Subject to his obligations under this Agreement, Executive’s status as an employee
of the Company shall not require him to devote any specific minimum amount of time to the
Company, impose any duties toward the Company other than as specifically stated herein, or
preclude him from engaging in other opportunities for his own benefit, including establishing
an investment business as provided in Paragraph 2(G).
	 
	 	2.	 	Compensation and Benefits.

	 	(A)	 	Salary. Executive shall remain on the Company’s payroll and
shall continue to receive compensation at his current base salary at the rate of
$68,333.33 per month for the period commencing on September 29, 2005 and ending on
June 30, 2006, at which time such salary continuation shall cease. Such
compensation shall be payable in the amounts, at the times and in the manner
otherwise applicable to Executive immediately prior to September
29, 2005. The Company shall withhold from such payments all applicable payroll
taxes and other authorized or legally required deductions.

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	 	(B)	 	Cash Payment. Upon the expiration of the seven day
revocation period described in Paragraph 14, or if such date is not a business
day, then on the next succeeding business day, the Company shall pay to Executive,
in cash, $4,100,000. Such payment, less applicable income and payroll taxes,
shall be made by wire transfer to an account designated by Executive.
	 
	 	(C)	 	Bonus. Executive shall not be eligible to participate in the
Company’s Fiscal Year 2006 Management Bonus Plan or any other similar plan
maintained by the Company or any of its subsidiaries or affiliates.
	 
	 	(D)	 	Benefits. Executive will continue to receive Company
benefits as currently available through September 29, 2005, at which time
Executive’s coverage under and participation in the Company’s benefit plans and
arrangements shall cease, except to the extent otherwise provided herein, or as
required by the terms of any benefit plan or applicable law, and provided, that
Executive shall be entitled to receive all benefits and payments accrued under
such benefit plans and arrangements through September 29, 2005, in accordance with
such plans and arrangements. Executive will not accrue additional sick leave or
vacation benefits with respect to any period of employment after September 29,
2005. Executive will continue to be subject to all Company policies relating to
benefits currently in effect and as they may change from time to time. Where
continued participation in benefit plans and arrangements is provided for herein,
Executive shall be treated as a full-time employee under such benefit plans and
arrangements through June 30, 2006.

	 	•	 	Beginning September 29, 2005 and continuing through June 30, 2006,
Executive, and his eligible spouse and children as of September 29, 2005,
shall be eligible to receive, as a participant in the Affiliated Computer
Services, Inc. Executive Benefit Plan (the “Executive Plan”), medical,
dental and vision benefits only. Executive shall not be eligible for any
other types of benefits otherwise available under the Executive Plan (such
as estate planning services, tax planning services and executive physicals).
Medical, dental and vision benefits provided to Executive and his eligible
spouse and children under the Executive Plan will be provided in accordance
with, and subject to, the terms and conditions of the Executive Plan.
	 
	 	•	 	Except as specifically provided herein, after September 29, 2005, the
Company will provide no other type of benefits to Executive or his eligible
spouse or children, regardless of whether such benefits have previously been
offered to Executive or such spouse or children.
	 
	 	•	 	The Company will continue to pay the premiums on two individual
disability policies covering Executive, one of which is underwritten by
Northwestern Mutual Life and the other of which is underwritten by
Lloyds of London (the “Disability Policies”), until the expiration of the
current terms of such policies in January 2006 and March 2006, respectively;

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	 	 	 	provided that such premiums, in the aggregate, do not exceed $10,000.
Thereafter, the Company, at the election of Executive and at his expense,
will assist Executive in the continuation, conversion or renewal of such
policies (to the extent continuation is permitted by the underwriter of such
policies).
	 
	 	•	 	As of June 30, 2006, Executive and Executive’s eligible spouse and
children shall be entitled to elect continuation coverage under the
Company’s benefit plans providing coverage to Executive as of such date, to
the extent required by the Consolidated Omnibus Budget Reconciliation Act of
1985, as amended (“COBRA”). Any such continuation coverage shall be
provided to Executive and his eligible spouse and children upon timely
enrollment therefor. Notwithstanding the foregoing, Executive shall be
deemed to have elected COBRA coverage under the Executive Plan, effective as
of July 1, 2006. Further information regarding COBRA continuation rights
may be found in applicable summary plan descriptions or plan documents which
are available from the Company.
	 
	 	•	 	From and after September 29, 2005, the Company shall pay, on Executive’s
behalf, the applicable premiums for such medical, dental, and vision
benefits as are provided to Executive and his eligible spouse and children
under this Agreement pursuant to the Executive Plan or COBRA, as the case
may be. The Company will make such premium payments only for so long as
Executive remains eligible for such benefits, except that the Company will
make such premium payments for Executive’s coverage under the Executive Plan
or, if applicable, COBRA in respect of the continuation of coverage under
the Executive Plan only until September 30, 2007, and under the Disability
Policies only until the expiration of their respective current policy terms
as set forth above. To the extent required under applicable tax law, the
full value of such premium payments will be treated as taxable income to
Executive, Executive may realize ordinary taxable income equal to the
aggregate amount of such premiums paid by the Company, and the Company may
report the value of such premiums as income to Executive to both Executive
and the Internal Revenue Service (the “IRS”). Additionally, the Company may
be required to pay employment taxes on the amount of income Executive
realizes, and also to pay to the IRS an amount representing federal income
tax withholding. If Executive lives in a state that has a state income tax,
the Company may also be required to pay an amount to the applicable state
taxing authority as withholding. Executive shall reimburse the Company for
his share of employment taxes paid by the Company on his behalf, as well as
any amount paid to the IRS or any state taxing authority as income tax
withholding.
	 
	 	•	 	Executive shall be entitled to continue his participation in the
Company’s Savings Plan (401(k)) through June 30, 2006, in accordance with
its terms.

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	 	•	 	The Company will reimburse Executive for any credit card balances,
including overpayments, incurred by him on Company issued credit cards in
accordance with Company policies.

	 	(E)	 	Club Memberships. The Company represents that it has no
interest in, and if requested by Executive will quit claim to Executive any
interest it might otherwise have in, the membership in Executive’s name at Dallas
National Country Club, and if required by club procedures will execute such
documents as may be necessary to establish such absolute ownership in Executive
and comply with any other applicable club procedures in connection therewith as
soon as practicable. Executive agrees that all expenses of such membership shall
become the sole responsibility of Executive beginning September 30, 2005. As soon
as practicable, Executive shall take all such actions as may be necessary or
required by the Company and the club in order to transfer the membership at the
Robert Trent Jones Golf Club in Gainesville, Virginia currently maintained in
Executive’s name to such person as the Company may designate.
	 
	 	(F)	 	Administrative Support. Beginning September 30, 2005 and
continuing until September 30, 2006, the Company shall furnish to Executive at the
Company’s expense the services of (i) Carol Anderson or another secretary
acceptable to Executive to work for Executive from Executive’s home office in
Dallas, Texas, and (ii) John Zell or another executive assistant acceptable to
Executive, provided, however, that Executive agrees to periodically reimburse the
Company for one-half of the salary of such executive assistant. The salaries and
benefits of such persons shall be as in effect on the date hereof and shall not be
increased without the Company’s written consent. Any such increase shall only be
made in accordance with the Company’s policies (i.e., salary increases shall not
exceed 3% per annum). Such persons may be paid discretionary bonuses under the
Company’s discretionary bonus plan only in accordance with Company policy
regarding such plan, and at the discretion of the Company. Executive shall be
responsible for personal income taxes imposed on him, if any, under applicable tax
law in connection with the foregoing arrangements.
	 
	 	(G)	 	Retention of Executive for M&A Advisory Services. If
Executive establishes an investment business (the “Business”) by January 1, 2007,
upon the formation thereof the Company shall retain the Business for a two year
period for consideration consisting of an annual retainer of $250,000, plus a
reasonable and customary success fee for identified and completed transactions or
investments as is negotiated between the Company and Executive on a case by case
basis.
	 
	 	(H)	 	Phone/Computer. Through June 30, 2006, Executive shall be
entitled to continue his use of his Company provided cell phone and blackberry
device, including Company provided service thereunder, at the expense of the
Company and in accordance with applicable Company guidelines for such items, and
to retain as his personal property such phone and blackberry device thereafter.

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	 	 	 	Company provision of service under such phone and device shall terminate on July
1, 2006. In addition, Executive shall be entitled to retain as his personal
property the two personal computers supplied to him by the Company, subject to the
right of the Company to remove any information embedded on such computer that
constitutes confidential or proprietary Company information (as hereinafter
defined).

	 	3.	 	Existing Stock Options. Executive’s rights with respect to options granted to
Executive under the Company’s stock option plans shall be as follows:

	 	(A)	 	In order to provide for an orderly transition of Executive’s option
position with the Company and to avoid the possible market disruptions associated
with Executive’s exercise of such options and corresponding sale of the acquired
option shares in the open market, upon the expiration of the seven day revocation
period described in Paragraph 14, or if such date is not a business day, then on
the next succeeding business day, the Company will purchase from Executive all of
the following options to purchase Class A Common Stock of the Company (the “Common
Stock”), to the extent that they are vested as of September 29, 2005, in exchange
for an aggregate cash payment, less applicable income and payroll taxes, equal to
the amount determined by subtracting the exercise price of each such vested option
from the closing price of the Common Stock on the New York Stock Exchange on
September 29, 2005 ($54.08). Such cash payment shall be made by wire transfer to
an account designated by Executive, whereupon all such vested options shall
terminate and be cancelled and all rights of Executive thereunder shall then
cease. In connection with the foregoing, Executive agrees from and after the date
of this Agreement not to exercise, transfer, sell, monetize or hedge such options.
To the extent that the following options are not vested as of September 29, 2005,
in accordance with the terms thereof they shall be forfeited and shall terminate
and be cancelled and all rights of Executive thereunder shall then cease as of
September 30, 2005.

	 	•	 	October 8, 1998 Option No. 352.

	 	•	 	500,000 shares originally covered
	 
	 	•	 	350,000 shares previously exercised
	 
	 	•	 	150,000 shares remaining under option
	 
	 	•	 	Fully vested as of September 29, 2005
	 
	 	•	 	Exercise price of $11.53125 per share

	 	•	 	July 11, 2000 Option No. 644.

	 	•	 	200,000 shares originally covered
	 
	 	•	 	200,000 shares remaining under option

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	 	•	 	Fully vested as of September 29, 2005
	 
	 	•	 	Exercise price of $16.4375 per share

	 	•	 	July 23, 2002 Option No. 1304.

	 	•	 	400,000 shares originally covered
	 
	 	•	 	60% (i.e., 240,000 shares) vested as of September 29, 2005
	 
	 	•	 	40% (i.e., 160,000 shares) unvested as of September 29, 2005
	 
	 	•	 	Exercise price of $35.75 per share

	 	•	 	July 30, 2004 Option No. 1886.

	 	•	 	100,000 shares originally covered
	 
	 	•	 	20% (i.e., 20,000 shares) vested as of September 29, 2005
	 
	 	•	 	80% (i.e., 80,000 shares) unvested as of September 29, 2005
	 
	 	•	 	Exercise price of $51.90 per share

	 	(B)	 	Option No. 2324 granted to Executive on March 18, 2005 covering
400,000 shares of Common Stock shall be terminated and cancelled as of September
30, 2005.
	 
	 	(C)	 	All other options not described above have been exercised by
Executive and there are no other grants of options to Executive outstanding.

	 	4.	 	Confidentiality.

	 	(A)	 	The Company and Executive agree that the Company will disclose this
Agreement and the terms of this Agreement pursuant to press release and
appropriate filings with the Securities and Exchange Commission. Prior to the
execution of this Agreement, the Company has provided Executive with an
opportunity to review the proposed press release with respect to the subject
matter hereof and has taken Executive’s comments into account in connection with
the finalization of the release.
	 
	 	(B)	 	On or before June 30, 2006, or at such other time as may be requested
by the Company, Executive will return all of the Company’s property in Executive’s
possession including, but not limited to, files, records, manuals,
memoranda, documents, keys, access cards, any phone cards, and all of the
tangible and intangible property belonging to the Company and relating to
Executive’s employment with the Company. Executive will not retain any copies or
summaries, electronic or otherwise, of such property, other than Executive’s

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	 	 	 	own contacts and rolodex lists and other similar information maintained
by or for Executive which has a personal aspect of it to Executive.
	 
	 	(C)	 	Executive shall not disclose to any other person or entity any
confidential or proprietary information, as described in subparagraph (D) below
and all subsections thereunder, that Executive acquired as an employee, officer or
director of the Company or any of its affiliates or subsidiaries, or use such
information in any manner that is detrimental to the interest of the Releasees
(defined in Paragraph 11 below), except in response to compulsory legal process by
a court or governmental agency of competent jurisdiction that requires disclosure
of such information. Unless prohibited from doing so by law, Executive will
deliver or telefax a copy of such process to the General Counsel of the Company
within seven days after receipt of such process. Executive will not disclose the
requested information until the last day indicated in the legal process or, if the
Company timely and properly objects to or moves to quash the disclosure and
notifies Executive that it had so objected or moved, if such objection protects
Executive from such disclosure under applicable regulation or law, only when and
if such objections are overruled by the relevant Court or other governmental
authority.
	 
	 	 	 	Executive agrees that all information described in subparagraph (D) is the
exclusive property of the Company. Executive agrees to leave all Company
property with the Company and cease his use of such property as of September 29,
2005, except to the extent required in connection with his continuing duties as
an employee of the Company through June 30, 2006, and will not retain or use any
such information, or retain any copy of such information, in any form from and
after September 29, 2005, except in connection with such continuing duties.
These obligations of confidentiality survive execution of this Agreement and
Executive’s termination of employment.
	 
	 	(D)	 	“Confidential” or proprietary information” as used in this Agreement
shall include, but not be limited to, the following, except to the extent that
such information has not been held confidential by the Company as a trade secret,
or can be determined from information that is publicly available, or is already
known to the recipient of Executive’s communication through receipt from a third
party source who Executive believed in good faith had an unrestricted right to
disclose that information when it did so:

	 	(1)	 	Any materials, notes, papers, documents, records, copies, e-mail, voice mail,
telephone conversations, knowledge or information that relate to the business of the
Company, including, but not limited to:

	 	(a)	 	Business or marketing strategies;

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	 	(b)	 	Products, future projects, prices, billing
rates, research, marketing, servicing, engineering, developments,
innovations, designs, ideas, plans, trade secrets or technical
information;
	 
	 	(c)	 	All financial information and sources of the
business, including tax records, investments, financial statements and
accounting procedures;
	 
	 	(d)	 	Data figures, sales figures, projections,
estimates, market research and analysis, advertising and sales,
computing techniques, staffing, or direct or indirect cost data;
	 
	 	(e)	 	All client or customer information, including
client and customer lists, information relating to the relationships
between the Company and its clients and customers, and information
relating to existing and potential clients and customers;
	 
	 	(f)	 	All subcontractor, supplier, vendor and
consultant information (including, without limitation their products,
prices, costs, name, and financial, personal, or business information)
or agreements to which they are a party;
	 
	 	(g)	 	Information pertaining to any lawsuits,
potential or existing, with the exception of information that has
become public record;
	 
	 	(h)	 	Equipment, modifications, software, source
code, object code, hardware, program documentation, user
documentation, procedures, processes, production controls and
specifications;
	 
	 	(i)	 	Patent applications, inventions,
improvements, specifications, codes, developmental or experimental
work, formulas, test data, prototypes, models and copyrighted
information; and
	 
	 	(j)	 	Any other confidential, nonpublic or
proprietary information, or trade secret of the Company.

	 	(2)	 	Any materials, notes, papers, documents, records, copies, e-mail, voicemail,
telephone conversations, knowledge or information that relate to the following
activities of the Company’s past and present executive officers or directors (and their
respective family members):

	 	(a)	 	Personal matters, including familial
relations, marital status, health (physical and mental) or legal
matters;
	 
	 	(b)	 	Financial matters, including income,
investments and expenditures; and

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	 	(c)	 	Personal history.

	 	(E)	 	Executive shall at all times maintain the confidentiality of all
trade secrets relating to the Company. All such documentation and information is
the exclusive property of the Company. Executive will not at any time hereafter
use, publish, disclose, disseminate, appropriate, communicate or make accessible
any such trade secrets to any third party for Executive’s own benefit or for the
benefit of another. Executive shall not disclose any trade secrets to any person
in any way that might injure or jeopardize the operations or reputation of the
Company or any of its officers, directors, shareholders or executives.
	 
	 	(F)	 	Executive shall deliver to and pay over to the Company all monies or
other consideration, including advances, service fees, royalties or gifts that
Executive may receive, or which are distributed at Executive’s direction or with
Executive’s consent or acquiescence to any person or entity, for, on account of,
or in relation to the disclosure of confidential information in breach of this
Agreement. Executive may not seek to profit personally, directly or indirectly,
from the Company’s entrustment to Executive of such confidential information.

	 	5.	 	Intellectual Property Ownership. Executive agrees that all copyrightable works, if
any, created by Executive or under Executive’s direction up to and including September 29,
2005, in connection with the Company’s business are “works made for hire” and are and shall be
the sole and complete property of the Company and that any and all copyrights to such works
shall belong to the Company whether or not such creations were or are created outside normal
business hours, off Company property or with equipment or materials not furnished by the
Company. To the extent such works, if any, are not deemed to be “works made for hire,”
Executive hereby assigns all rights, including copyright, in these works to the Company
without further compensation. The Company agrees that any of the foregoing items, if any,
that are created by Executive during the period September 29, 2005 through June 30, 2006 in
connection with Executive’s investment business shall not be within the provisions of this
Paragraph.
	 
	 	6.	 	Non-solicitation of Employees. As a material inducement to the Company to enter into
this Agreement, through September 29, 2008, Executive shall not, and shall not permit any of
his controlled affiliates to, either directly or indirectly, (i) hire, (ii) initiate contact
with respect to hiring or solicit with respect to hiring, any present employee, director,
manager or officer of Company or any of its affiliates or subsidiaries (including any person
who acted in such capacity within the one year period prior to any such contact or
solicitation), or (iii) encourage any such employee, director, manager or officer to accept
employment with any third party or otherwise leave the Company or any of its affiliates or
subsidiaries, other than the administrative support personnel mentioned in Paragraph 2(F).
For purposes of this Paragraph 6 and Paragraphs 7, 8 and 9, the term “controlled affiliates” shall
mean (i) any entity in which Executive beneficially owns or controls, directly or
indirectly, a

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	 	 	 	majority of the outstanding equity securities thereof, (ii) any entity in
which Executive, directly or indirectly, has the ability to appoint or control a
majority of the board of directors, board or managers or similar body thereof, (iii)
any entity in which Executive is either the chairman of the board, chief executive
officer or chief operating officer thereof, (iv) any entity which, through contractual
or managerial arrangements, Executive has the power or ability, directly or indirectly,
to control, direct or materially influence the policies, decisions, strategies or
management of such entity, (v) any entity with which Executive, directly or indirectly,
has formed a joint venture or partnership in which either the ownership interests
therein or the managerial authority thereof, or both, are evenly distributed among
Executive and the other participants therein. Nothing in this Paragraph 6 shall
restrict general public employment solicitations and hirings as a result thereof that
are not targeted to the Company or its subsidiaries or affilates which are made by any
entity in which Executive or a controlled affiliate has made an investment or are made
by Pegasus (on whose board Executive sits) or JP Morgan (on whose advisory board
Executive sits).
	 
	 	7.	 	Non-solicitation of Customers. As a further material inducement to the Company to
enter into this Agreement, through September 29, 2007, Executive shall not, and shall not
permit any of his controlled affiliates to, either directly or indirectly, solicit or divert
to any Competing Business of the Company or its subsidiaries or affiliates, or retain on
behalf of any Competing Business of the Company or its subsidiaries or affiliates, any
individual or entity who is a customer of the Company or its subsidiaries or affiliates on, or
was a customer of the Company or it subsidiaries or affiliates during the one year period
prior to September 29, 2005, with regard to services of the type actually provided on or prior
to September 29, 2005, to any such customer by the Company or its subsidiaries or affiliates
or of the type that the Company or its subsidiaries or affiliates has actually proposed, on or
prior to September 29, 2005, to provide to any such customer. Nothing contained in this
Paragraph shall prohibit any other business activities of any business now or hereafter owned
or affiliated with Executive.
	 
	 	8.	 	Non-compete. As a further material inducement to the Company to enter into this
Agreement, during the period commencing September 29, 2005 and ending on September 29, 2007
(the “Non-Competition Period”), Executive shall not, and shall not permit any of his
controlled affiliates to, directly or indirectly, through the ownership of equity interests,
stock, assets or otherwise or as an owner, partner, member, officer, director, financier,
employee, advisor or consultant, enter into competition with the Company or its subsidiaries
or affiliates through any of the following companies: Accenture, Computer Sciences Corp.,
Convergys, Electronic Data Systems Corporation, Hewitt, IBM, JP Morgan (only as to its child
and family services SDU line of business), Maximus, Perot Systems, Roper Industries, Tier
Technologies, Unisys Corp., Infosys, WiPro, Tata, Cognizant, H-Cube, Mercer, Watson-Wyatt,
Fidelity (only as to its human resources outsourcing line of business), ADP, Covansys, Syntel
or Patni, or any subsidiary thereof (each a “Competing Business”). In addition, Executive,
only as to himself, shall not become an officer, director or employee of, or a consultant or
advisor to, any Competing Business or any

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	 	 	 	entity which competes with a business line
maintained by the Company as of September 29, 2005 (for the avoidance of doubt, this
sentence is not intended to restrict Executive’s actions with respect to any portfolio
company investments by him or his controlled affiliates which otherwise comply with the
provisions of this Agreement). Nothing contained in this Paragraph shall prohibit the
ownership of equity interests or other securities in a Competing Business by any mutual
fund in which Executive has an interest which is not a controlled affiliate. For the
avoidance of doubt, such prohibitions shall specifically apply to the ownership by
Executive or his controlled affiliates of any equity interests in any Competing
Business during the Non-Competition Period; provided, however, that nothing herein
shall restrict any investment company, private equity fund or hedge fund of which
Executive is a founder, principal, investor or officer, or any related management
company of which Executive is a founder, principal, investor or officer, or any of
their portfolio companies from investing in or owning, directly or indirectly, up to
4.9% of single class of securities of a Competing Business so long as such 4.9%
ownership is not held as part of an affiliated group that also owns similar securities
such that the aggregate ownership of such similar securities by such group exceeds
4.9%.

	 	9.	 	Certain Remedies. In the event of a breach by Executive or any of his controlled
affiliates of the terms of Paragraphs 6, 7 or 8, the Company shall be entitled, if it shall so
elect, to institute legal proceedings to obtain damages for any such breach, or to enforce the
specific performance of such terms by Executive (or his applicable controlled affiliate) and
to enjoin Executive (or his applicable controlled affiliate) from any further violation and to
exercise such remedies cumulatively or in conjunction with all other rights and remedies
provided by applicable law. Executive acknowledges that the remedies at law for any breach by
Executive or his control affiliates of the provisions of Paragraphs 6, 7 or 8 may be
inadequate and that the Company shall be entitled to injunctive relief against Executive (or
his applicable control affiliate) in the event of any breach without the necessity of posting
any bond therefor.
	 
	 	 	 	The necessity of protection against competition, solicitation or diversion by Executive
and his controlled affiliates and the nature and scope of such protection has been
carefully considered by the parties to this Agreement based upon the consultation with
and advice from their respective legal counsel. The parties agree and acknowledge (i)
that the duration, scope and geographic areas applicable to the covenants contained in
Paragraphs 6, 7 and 8 are fair, reasonable and necessary, and do not impose a greater
restraint than is necessary to protect the goodwill or other business interests of the
Company and its subsidiaries and affiliates and the business goodwill thereof, (ii)
that adequate compensation has been received by Executive for such obligations, and
(iii) that these obligations do not prevent Executive and his affiliates from
conducting his or their remaining personal or business interests. If any provision of
Paragraphs 6, 7 or 8 is held to be illegal, invalid or unenforceable under present or
future laws effective during the Non-Competition Period or the other time periods
covered by such Paragraphs, in lieu of such illegal, invalid or unenforceable provision, there shall be
added automatically a provision as similar in terms to such illegal, invalid or
unenforceable provision as may be possible and be legal, valid and

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	 	 	 	enforceable, but no such added provision shall be broader or result in a greater limitation of the
activities of Executive or his affiliates than is provided in Paragraphs 6, 7 or 8 on
the date hereof. If the automatic reformation provision contained in this Paragraph
for any reason fails or is held to be illegal, invalid or unenforceable, the parties
request that the applicable court or governmental entity, as the case may be, making
such determination interpret, alter, amend and modify the terms of Paragraphs 6, 7 or 8
to include as much of the scope, time period and geographic area specified therein as
may be possible without rendering any provision of those Paragraphs illegal, invalid or
unenforceable, but no such modified term shall be broader or result in a greater
limitation of the activities of Executive and his affiliates than is provided in
Paragraphs 6, 7 or 8 on the date hereof.

	 	10.	 	Future cooperation and support.

	 	a.	 	Business issues. Through June 30, 2006, Executive shall,
without additional compensation, assist the Company’s Board of Directors and
management team in the orderly transition of his duties to his successor and make
himself reasonably available to support the Company, its subsidiaries and
affiliates, in regard to their future administrative items and general business
issues related to Executive’s actual responsibilities, actions or knowledge during
the tenure of his employment with the Company. Executive’s continuing status as
an employee of the Company notwithstanding, Executive shall have no obligation to
the Company other than those stated in this Paragraph 10(a) or Paragraph 1 or
stated elsewhere in this Agreement. Nothing herein will require Executive to
expend time needed by him in the formation or management of new business ventures
by him including a private equity fund.
	 
	 	b.	 	Legal actions. Executive shall cooperate fully with the
Company in its prosecution or defense of, or participation in, any administrative,
judicial or other proceeding arising from any charge, complaint or other legal
action, which has been or may be filed that relates to matters for which Executive
was responsible or had material knowledge during his service as an employee of the
Company. Executive shall reasonably cooperate with the designated representatives
of the Company, its affiliates and successors, in providing accurate and complete
information to such representatives related to such past, present or future
administrative, judicial or other actions in which the Company or any of its
owners, stockholders, predecessors, successors, assigns, agents, directors,
officers, employees, representatives, attorneys, subsidiaries, affiliates (and
agents, directors, officers, employees, representatives and attorneys of such
subsidiaries and affiliates) and all persons acting by, through, under or in
concert with any of them is a party. Such cooperation shall include, but not be
limited to, meeting with the designated representatives of the Company or its
affiliates and subsidiaries upon reasonable notice at reasonable times and
locations and providing accurate and complete information and testimony related to
Executive’s employment with the Company to such representatives. The Company shall reimburse Executive
for all reasonable out-of-pocket expenses incurred by Executive in connection
with such matters, and after June

12

 

	 	 	 	30, 2006 the Company will compensate Executive for time expended by Executive on such matters at a commercially reasonable rate
for such time, not to be less than $500 per hour.
	 
	 	c.	 	Indemnification and Insurance. The Indemnification
Agreement, dated May 24, 1994, between ACS Investors, Inc. and Executive shall
terminate as of September 29, 2005 except as to accrued rights thereunder for
circumstances in existence through such date, which rights shall survive such
termination. In addition, all other accrued indemnification rights applicable to
Executive for circumstances in existence through September 29, 2005 pursuant to
the charter, bylaws, insurance policies or similar arrangements of the Company or
its subsidiaries shall survive Executive’s resignation as an officer and director
of the Company and its subsidiaries. The Company agrees, with respect to any
continuation, modification or replacement of its existing director and officer
indemnification policy, which actions shall be within the sole discretion of the
Company, to use its best efforts to provide for coverage for all former directors
and officers of the Company, including Executive, on the same basis as coverage is
provided for any then current directors and officers of the Company.

	11.	 	Release and Covenant Not to Sue. As a further material inducement to the Company to
enter into this Agreement, Executive, on his behalf and on behalf of his affiliates, heirs,
successors and assigns, hereby irrevocably and unconditionally releases, acquits and forever
discharges and covenants not to sue the Company and each of the Company’s owners,
stockholders, predecessors, successors, assigns, agents, directors, officers, employees,
representatives, attorneys, subsidiaries, affiliates (and agents, directors, officers,
employees, representatives and attorneys of such subsidiaries and affiliates) and all persons
acting by, through, under or in concert with any of them (collectively the “Releasees”), or
any of them, from any and all charges, complaints, claims, liabilities, obligations, promises,
agreements, controversies, damages, actions, causes of action, suits, rights, demands, costs,
losses, debts and expenses (including attorneys’ fees and costs actually incurred) of any
nature whatsoever, known or unknown (individually “Claim” or collectively “Claims”), which
Executive now has, owns, or holds, or which Executive at any time heretofore had, owned or
held, against any of the Releasees, including, but not limited to, (a) all Claims of Age
Discrimination under the Age Discrimination in Employment Act of 1967 or any similar state
statute; (b) all Claims under the Executive Retirement Income Security Act of 1974; (c) all
employment or discrimination Claims under the statutes of the State of Texas or any other
state; (d) all Claims of unlawful discrimination based on age, sex, race, religion, national
origin, handicap, disability, equal pay or any other basis; (e) all Claims of wrongful
discharge, retaliation, breach of any implied or express employment contract, negligent or
intentional infliction of emotional distress, libel, defamation, breach
of privacy, fraud, and breach of any implied covenant of good faith and fair dealing;
and (f) all Claims related to Executive’s employment with the Company, including, but
not limited to, all Claims related to unpaid wages, salary, overtime compensation,
bonuses, severance pay, vacation pay, or other compensation or benefits arising out of
Executive’s employment with the Company. Executive covenants and agrees not to bring
any judicial action against any of the Releasees

13

 

	 	 	with respect to any such Claim or
Claims and warrants that no such Claim or Claims have been filed.
	 
	 	 	By signing this Agreement, however, Executive is not waiving any rights or claims
arising after the date on which this Agreement is executed. Nothing in this Paragraph
is intended to release the Company from its obligations to make payments to the
Executive as contemplated by this Agreement, or to affect the Executive’s rights as
contemplated by this Agreement.
	 
	 	 	The Company, on behalf of itself and its subsidiaries and anyone claiming through it or
them, including any Releasees, irrevocably and unconditionally releases, acquits and
forever discharges and covenants not to sue Executive, his heirs, personal
representatives, attorneys, agents, successors and assigns (collectively the “Executive
Releasees”) from any and all charges, complaints, claims, liabilities, obligations,
promises, agreements, controversies, actions, damages causes of action, suits, rights,
demands, costs, losses, debts and expenses (including attorneys’ fees and costs
actually incurred) of any nature whatsoever, known or unknown, which the Company or any
of its subsidiaries or any Releasees now has, owns or holds, or which the Company or
any of its subsidiaries or any Releasees heretofore had, owned or held against
Executive or any of the Executive Releasees. Further, the Company, on behalf of itself
and its subsidiaries and the Releasees, agrees to not bring any legal action, either
civil or criminal, against Executive or any of the Executive Releasees for any claim
waived and released under this Agreement and the Company represents and warrants that
no such Claim has been filed to date.
	 
	 	 	By signing this Agreement, however, the Company is not waiving any rights or claims
arising after the date on which this Agreement is executed. Nothing in this Paragraph
is intended to release Executive from his obligations contemplated by this Agreement,
or to affect the Company’s rights as contemplated by this Agreement.
	 
	12.	 	Representations of Executive. Executive represents and agrees (a) that he was
advised by the Company in writing by this Agreement to consult with an attorney of his choice
prior to signing this Agreement and that the Company has given him an option, if he so
chooses, to consider whether to execute this Agreement for no less than 21 days, and has
elected of his own volition, as evidenced by his execution of this Agreement, not to consider
this Agreement for the entirety of such period; (b) that he would not be entitled to the
compensation set forth in Paragraph 2 hereof but for the terms of this Agreement; (c) that he
has consulted or has had sufficient opportunity to discuss with any person, including an
attorney of his choice, all provisions of this Agreement, that he has carefully read and
further understands same, that he is competent to execute this Agreement, and that he
is entering same voluntarily without reliance upon any statement or representation of
the Releasees or their representatives, concerning the nature and extent of the damages
and/or legal liability therefore; (d) that he has not heretofore assigned or
transferred, or purposed to assign or transfer, to any person or entity, any Claim or
any portion thereof or interest therein; and (e) that in executing this Agreement, he
does not rely and has not relied upon any representation or statement made by any

14

 

		 	of the Releasees or by any of the Releasees’ agents, representatives or attorneys with
regard to the subject matter, basis or effect of this Agreement or otherwise.
	 
	 	 	Executive shall indemnify and hold each and all of the Releasees harmless from and
against any and all loss, cost, damage, or expense, including, without limitation,
attorneys’ fees, incurred by the Releasees, or any of them, arising out of any breach
of this Agreement by Executive or the fact that any representation made by Executive
was false when made. The Company shall indemnify and hold Executive and the Executive
Releasees harmless from and against any and all loss, cost, damage or expense,
including, without limitation, attorneys’ fees, incurred by Executive or any of the
Executive Releasees arising out of any breach of this Agreement by the Company or the
fact that any representation by the Company was false when made.
	 
	13.	 	Non-Disparagement Covenants. Executive will refrain from making any disparaging
remarks concerning the Company or any of its subsidiaries or affiliates, or their past and
present respective officers, directors, or clients. Similarly, the Company will refrain from
making disparaging remarks concerning Executive or his family.
	 
	14.	 	Revocation. Except for the resignation provisions specified in Paragraph 2, which
shall become effective immediately upon the execution of this Agreement by Executive, it is
expressly agreed that for seven days following the execution of this Agreement by Executive,
Executive may revoke this Agreement; it is further expressly agreed by the parties that this
Agreement, other than the resignation provisions specified in Paragraph 2, which shall be
deemed effective and enforceable as of the date first set forth above, shall not become
effective or enforceable until the seven day revocation period described above has expired,
after which the entirety of this Agreement shall be deemed effective and enforceable.
	 
	15.	 	Severance Agreement. It is expressly agreed that the Severance Agreement, dated
August 6, 1997, as amended by Amendment No. 1 to Severance Agreement, dated February 2, 2005,
between the Company and Executive will continue to be effective until the expiration of the
seven day revocation period described in Paragraph 14, at which time such agreement, as so
amended, shall terminate and be of no further force and effect.
	 
	16.	 	Miscellaneous. It is the parties’ intention that all provisions of this Agreement be
enforced to the fullest extent permitted by law. If, however, any provision of this Agreement
is held to be illegal or unenforceable, such provision shall be
severable and the remaining provisions of this Agreement shall remain in full force and
effect. No presumption or rule of construction shall be utilized as a result of the
identity of the party drafting this Agreement. This Agreement contains the entire
understanding and agreement between the Company and Executive with respect to the
subject matter of this Agreement and supersedes all prior oral or written agreements
between the parties with respect to that subject matter. The terms and conditions of
the Agreement shall not be amended except by written agreement signed by both parties.
The prevailing party in any legal proceeding brought in relation to this Agreement
shall be entitled to recover from the other party reasonable attorney’s fees and costs

15

 

incidental to such proceeding. This agreement shall be governed by, interpreted,
construed and enforced in accordance with the law of the State of Texas, without
reference to the principles of conflict of laws. Suit under this-Agreement may only be
brought in a court of competent jurisdiction in Dallas County, Texas.

PLEASE READ CAREFULLY. THIS AGREEMENT INCLUDES A RELEASE OF ALL KNOWN AND UNKNOWN
CLAIMS.

16

 

     IN WITNESS WHEREOF, the parties have executed this Agreement on the date first set forth
above.

	 	 	 	 	 
	 	 	AFFILIATED COMPUTER SERVICES, INC.
	 
	 	 	 	 
	 

	 	By:
	 	/S/ William L. Deckelman, Jr.
	 

	 	 	 	 
	 

	 	Name:
	 	William L. Deckelman, Jr.
	 

	 	Title:
	 	Executive Vice President
	 
	 	 	 	 
	 	 	/S/ Jeffrey A. Rich
	 	 	Jeffrey A. Rich

17

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