Document:

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                                                                    EXHIBIT 10.2

                              CORILLIAN CORPORATION

                               SEVERANCE AGREEMENT

This Severance Agreement (the "Agreement") is made and entered into by and
between _____________ (the "Employee") and Corillian Corporation (the
"Company"), effective as of the latest date set forth by the signatures of the
parties hereto below.

                                    RECITALS

      A. Because of Employee's significant role in the Company's business, the
Compensation Committee (the "Committee") of the Board of Directors of the
Company (the "Board") has determined that it is in the best interests of the
Company and its shareholders to establish clear terms for the termination of
Employee's employment with the Company.

      B. In addition, it is expected that the Company from time to time will
consider the possibility of an acquisition by another company or other change of
control as a means of enhancing shareholder value. The Committee recognizes that
such consideration can be a distraction to the Employee and can cause the
Employee to consider alternative employment opportunities. The Committee has
determined that it is in the best interests of the Company and its shareholders
to assure that the Company will have the continued dedication and objectivity of
the Employee, notwithstanding the possibility, threat or occurrence of a Change
of Control (as defined below) of the Company.

      C. The Committee believes that it is imperative to provide the Employee
with certain severance benefits upon the Employee's termination of employment,
including as a result of a Change of Control.

      D. Certain capitalized terms used in the Agreement but not defined when
first used are defined in Section 6 below.

NOW, THEREFORE, the parties hereto agree as follows:

1. TERM OF AGREEMENT. This Agreement shall terminate upon the date that all
obligations of the parties hereto with respect to this Agreement have been
satisfied.

2. AT-WILL EMPLOYMENT. The Company and the Employee acknowledge that, unless
there is a written employment agreement between the Company and the Employee,
which this Agreement is acknowledged by the Employee not to be, the Employee's
employment is and shall continue to be at-will, as defined under applicable law.
If the Employee's employment terminates for any reason, the Employee shall not
be entitled to any payments, benefits, damages, awards or compensation except
for those

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payments that may be set forth herein or that may be available pursuant to other
written agreements with the Company.

3. SEVERANCE BENEFITS.

      (a) Termination Not in Connection with a Change of Control. If the
      Employee's employment terminates as a result of Involuntary Termination
      (as defined below) other than for Cause at any time more than 90 days
      preceding a Change of Control or announcement of a Change of Control,
      whichever occurs earlier, then, subject to Section 5, the Employee shall
      be entitled to receive the following severance benefits:

            (1) Severance Payment. After the condition set forth in Section 3(e)
        is satisfied, a cash payment in an amount equal to the Severance
        Payment;

            (2) Timing of Severance Payments. Any severance payment to which the
        Employee is entitled under Section 3(a)(1) shall be paid by the Company
        to the Employee (or to the Employee's successor in interest, pursuant to
        Section 7(b)) in accordance with the Company's customary payroll
        schedule over the Severance Period after the condition set forth in
        Section 3(e) has been satisfied.

      (b) Termination in Connection with a Change of Control. If the Employee's
      employment terminates as a result of Involuntary Termination (as defined
      below) other than for Cause (i) within 90 days preceding a Change of
      Control or announcement of a Change of Control, whichever occurs earlier,
      or (ii) within twelve (12) months following a Change of Control or the
      announcement of a Change of Control, whichever comes later, then, subject
      to Section 5, the Employee shall be entitled to receive the following
      severance benefits:

            (1) Severance Payment. After the condition set forth in Section 3(e)
        is satisfied, a cash payment in an amount equal to the Severance
        Payment;

            (2) Timing of Severance Payments. Any severance payment to which the
        Employee is entitled under Section 3(b)(1) shall be paid by the Company
        to the Employee (or to the Employee's successor in interest, pursuant to
        Section 7(b)) in accordance with the Company's customary payroll
        schedule over the Severance Period after the condition set forth in
        Section 3(e) has been satisfied.

      (c) Voluntary Resignation; Termination for Cause. If the Employee's
      employment terminates by reason of the Employee's voluntary resignation
      (and is not an Involuntary Termination), or if the Employee is terminated
      for Cause, then the Employee shall not be entitled to receive severance or
      other benefits except for those (if any) as may then be established under
      the Company's then existing option and benefits plans and practices or
      pursuant to other written agreements with the Company.

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      (d) Disability; Death. If the Company terminates the Employee's employment
      as a result of the Employee's Disability, or the Employee's employment is
      terminated due to the death of the Employee, then the Employee shall not
      be entitled to receive severance or other benefits except for those (if
      any) as may then be established under the Company's then existing
      severance and benefits plans and practices or pursuant to other agreements
      with the Company.

      (e) Release. As a condition to the entitlement to and receipt of any
      payments under this Agreement, after termination, but at least eight days
      before any payments are due, Participant must execute and deliver the
      Release attached hereto as Exhibit A. To receive payments under this
      Agreement, the Release must not have been rescinded or revoked as
      permitted thereby.

4. ATTORNEY FEES, COSTS AND EXPENSES. If any party files an action in any court
or other forum or commences an arbitration to enforce compliance with any term
of this Agreement or to allege a breach thereof, the party prevailing in that
action shall be entitled to recover all attorney's fees, costs and any necessary
disbursements incurred therein, including, without limitation, expert witness
fees, deposition costs, court clerk fees, service fees, and printing costs, in
addition to any other relief to which the party may be entitled at arbitration,
trial or upon appeal.

5. LIMITATION ON PAYMENTS.

      (a) If severance and other benefits provided for in this Agreement or
      otherwise payable to the Employee (i) constitute "parachute payments"
      within the meaning of Section 280G of the Internal Revenue Code of 1986,
      as amended (the "Code") and (ii) but for this Section 5, would be subject
      to the excise tax imposed by Section 4999 of the Code, then the Employee's
      severance benefits under Section 3(a)(2) shall be either

            (1) delivered in full, or

            (2) delivered as to such lesser extent which would result in no
        portion of such severance benefits being subject to excise tax under
        Section 4999 of the Code, whichever of the foregoing amounts, taking
        into account the applicable federal, state and local income taxes and
        the excise tax imposed by Section 4999, results in the receipt by the
        Employee on an after-tax basis, of the greatest amount of severance
        benefits, notwithstanding that all or some portion of such severance
        benefits may be taxable under Section 4999 of the Code. Any taxes due
        under Section 4999 shall be the responsibility of the Employee.

      (b) If a reduction in the payments and benefits that would otherwise be
      paid or provided to the Employee under the terms of this Agreement is
      necessary to comply with the provisions of Section 5(a), the Employee
      shall be entitled to select which payments or benefits will be reduced and
      the manner and method of any such reduction of such payments or benefits
      subject to reasonable limitations (including, for example, express
      provisions under the Company's benefit plans) (so long as the

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      requirements of Section 5(a) are met). Within thirty (30) days after the
      amount of any required reduction in payments and benefits is finally
      determined in accordance with the provisions of Section 5(c), the Employee
      shall notify the Company in writing regarding which payments or benefits
      are to be reduced. If no notification is given by the Employee, the
      Company will determine which amounts to reduce. If, as a result of any
      reduction required by Section 5(a), amounts previously paid to the
      Employee exceed the amount to which the Employee is entitled, the Employee
      will promptly return the excess amount to the Company.

      (c) Unless the Company and the Employee otherwise agree in writing, any
      determination required under this Section 5 shall be made in writing by
      the Company's Accountants immediately prior to Change of Control, whose
      determination shall be conclusive and binding upon the Employee and the
      Company for all purposes. For purposes of making the calculations required
      by this Section 5, the Accountants may, after taking into account the
      information provided by the Employee, make reasonable assumptions and
      approximations concerning applicable taxes and may rely on reasonable,
      good faith interpretations concerning the application of Sections 280G and
      4999 of the Code. The Company and the Employee shall furnish to the
      Accountants such information and documents as the Accountants may
      reasonably request in order to make a determination under this Section.
      The Company shall bear all costs the Accountants may reasonably incur in
      connection with any calculations contemplated by this Section 5.

      (d) Any amounts received by Employee as cash compensation for employment
      or services rendered for any third party during the Severance Period will
      be offset against amounts payable by the Company under this Agreement.

6. DEFINITION OF TERMS. The following terms referred to in this Agreement shall
have the following meanings:

      (a) "ANNUAL COMPENSATION" means an amount equal to the greater of (i) the
      Employee's Company base salary for the twelve (12) months preceding the
      Change of Control or (ii) the Employee's Company base salary on an
      annualized basis.

      (b) "CAUSE" means (i) any act of personal dishonesty taken by the Employee
      in connection with his responsibilities as an employee and intended to
      result in substantial personal enrichment of the Employee, (ii) the
      conviction of a felony, (iii) a willful act by the Employee that
      constitutes gross misconduct and that is injurious to the Company, or (iv)
      for a period of not less than thirty (30) days following delivery to the
      Employee of a written demand for performance from the Company that
      describes the basis for the Company's belief that the Employee has not
      substantially performed his duties, continued violations by the Employee
      of the Employee's obligations to the Company that are demonstrably willful
      and deliberate on the Employee's part. Any dismissal for cause in
      accordance with Subsection (iv) of this Section 6(b) must be approved by
      the Company's Board of Directors prior to the dismissal date.

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      (c) "CHANGE OF CONTROL" means the occurrence of any of the following
      events:

            (1) Any "person" (as such term is used in Sections 13(d) and 14(d)
        of the Securities Exchange Act of 1934, as amended) becomes the
        "beneficial owner" (as defined in Rule 13d-3 under said Act), directly
        or indirectly, of securities of the Company representing fifty percent
        (50%) or more of the total voting power represented by the Company's
        then outstanding voting securities;

            (2) A change in the composition of the Board occurring within a
        twelve-month period, as a result of which fewer than a majority of the
        directors are Incumbent Directors. "Incumbent Directors" shall mean
        directors who either (A) are directors of the Company as of the date
        hereof, or (B) are elected, or nominated for election, to the Board with
        the affirmative votes of at least a majority of the Incumbent Directors
        at the time of such election or nomination (but shall not include an
        individual whose election or nomination is in connection with an actual
        or threatened proxy contest relating to the election of directors to the
        Company);

            (3) The consummation of a merger or consolidation of the Company
        with any other corporation, other than a merger or consolidation that
        would result in the voting securities of the Company outstanding
        immediately prior thereto continuing to represent (either by remaining
        outstanding or by being converted into voting securities of the
        surviving entity or such surviving entity's parent) at least fifty
        percent (50%) of the total voting power represented by the voting
        securities of the Company or such surviving entity or such surviving
        entity's parent outstanding immediately after such merger or
        consolidation;

            (4) The consummation of the sale or disposition by the Company of
        all or seventy-five percent (75%) or more of the Company's assets.

      (d) "DISABILITY" shall mean that the Employee has been unable to perform
      his or her Company duties as the result of incapacity due to physical or
      mental illness, and such inability, at least twenty-six (26) weeks after
      its commencement, is determined to be total and permanent by a physician
      selected by the Company or its insurers and acceptable to the Employee or
      the Employee's legal representative (such Agreement as to acceptability
      not to be unreasonably withheld). Termination resulting from Disability
      may only be effected after at least thirty (30) days' written notice by
      the Company of its intention to terminate the Employee's employment. In
      the event that the Employee resumes the performance of substantially all
      of his or her duties hereunder before the termination of employment
      becomes effective, the notice of intent to terminate shall automatically
      be deemed to have been revoked.

      (e) "INVOLUNTARY TERMINATION" shall mean (i) without the Employee's
      express written consent, the significant reduction of the Employee's
      duties, authority or responsibilities, relative to the Employee's duties,
      authority or responsibilities as in

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      effect immediately prior to such reduction, or the assignment to the
      Employee of such significantly reduced duties, authority or
      responsibilities; (ii) without the Employee's express written consent, a
      substantial reduction of the facilities and perquisites (including office
      space and location) available to the Employee immediately prior to such
      reduction; (iii) without the Employee's express written consent, a
      reduction by the Company of at least five percent (5%) in the base salary
      or target bonus of the Employee as in effect immediately prior to such
      reduction, disregarding for purposes of such calculation any
      across-the-board changes that affect substantially all employees of the
      Company; (iv) without the Employee's express written consent, a material
      reduction by the Company in the kind or level of employee benefits,
      including bonuses, to which the Employee was entitled immediately prior to
      such reduction with the result that the Employee's overall benefits
      package is significantly reduced, disregarding for purposes of such
      calculation any across-the-board changes that affect substantially all
      employees of the Company; (v) without the Employee's express written
      consent, the relocation of the Employee to a facility or a location more
      than thirty (30) miles from the Employee's then present location, without
      the Employee's express written consent; (vi) any purported termination of
      the Employee by the Company that is not effected for Disability or for
      Cause, or any purported termination for which the grounds relied upon are
      not valid; (vii) the failure of the Company to obtain the assumption of
      this Agreement by any successors contemplated in Section 7(a) below; or
      (viii) any act or set of facts or circumstances that would constitute a
      constructive termination of the Employee under Oregon law.

      (f) "SEVERANCE PAYMENT" means the Employee's Annual Compensation for the
      Severance Period.

      (g) "SEVERANCE PERIOD" means (i) six (6) months if Section 3(a) is
      applicable and (ii) twelve (12) months if Section 3(b) is applicable.

      (h) "TERMINATION DATE" shall mean (i) if this Agreement is terminated by
      the Company for Disability, thirty (30) days after notice of termination
      is given to the Employee (provided that the Employee shall not have
      returned to the performance of the Employee's duties on a full-time basis
      during such thirty (30)-day period), (ii) if the Employee's employment is
      terminated by the Company for any other reason, the date on which a notice
      of termination is given, provided that if within thirty (30) days after
      the Company gives the Employee notice of termination, the Employee
      notifies the Company that a dispute exists concerning the termination or
      the benefits due pursuant to this Agreement, then the Termination Date
      shall be the date on which such dispute is finally determined, either by
      mutual written agreement of the parties, or a by final judgment, order or
      decree of a court of competent jurisdiction (the time for appeal therefrom
      having expired and no appeal having been perfected), or (iii) if the
      Agreement is terminated by the Employee, the date on which the Employee
      delivers the notice of termination to the Company.

7. SUCCESSORS.

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      (a) Company's Successors. Any successor to the Company (whether direct or
      indirect and whether by purchase, merger, consolidation, liquidation or
      otherwise) to all or substantially all of the Company's business and/or
      assets shall assume the obligations under this Agreement and agree
      expressly to perform the obligations under this Agreement in the same
      manner and to the same extent as the Company would be required to perform
      such obligations in the absence of a succession. For all purposes under
      this Agreement, the term "Company" shall include any successor to the
      Company's business and/or assets which executes and delivers the
      assumption agreement described in this Section 7(a) or which becomes bound
      by the terms of this Agreement by operation of law.

      (b) Employee's Successors. The terms of this Agreement and all rights of
      the Employee hereunder shall inure to the benefit of, and be enforceable
      by, the Employee's personal or legal representatives, executors,
      administrators, successors, heirs, distributees, devisees and legatees.

8. NOTICE.

      (a) General. Notices and all other communications contemplated by this
      Agreement shall be in writing and shall be deemed to have been duly given
      when personally delivered or when mailed by U.S. registered or certified
      mail, return receipt requested and postage prepaid. In the case of the
      Employee, mailed notices shall be addressed to him or her at the home
      address which he or she most recently communicated to the Company in
      writing. In the case of the Company, mailed notices shall be addressed to
      its corporate headquarters, and all notices shall be directed to the
      attention of its Secretary.

      (b) Notice of Termination. Any termination by the Company for Cause or by
      the Employee as a result of a voluntary resignation or an Involuntary
      Termination shall be communicated by a notice of termination to the other
      party hereto given in accordance with Section 8(a) of this Agreement. Such
      notice shall indicate the specific termination provision in this Agreement
      relied upon, shall set forth in reasonable detail the facts and
      circumstances claimed to provide a basis for termination under the
      provision so indicated, and shall specify the termination date (which
      shall be not more than thirty (30) days after the giving of such notice).
      The failure by the Employee to include in the notice any fact or
      circumstance which contributes to a showing of Involuntary Termination
      shall not waive any right of the Employee hereunder or preclude the
      Employee from asserting such fact or circumstance in enforcing his rights
      hereunder.

9. MISCELLANEOUS PROVISIONS.

      (a) Authority of Company. The Company has the authority in its sole
      discretion to interpret the terms of the Agreement, decide questions of
      eligibility or benefits

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      under the Agreement, and make any related findings of fact. All decisions
      will be final and binding to the fullest extent permitted by law.

      (b) No Duty to Mitigate. The Employee shall not be required to mitigate
      the amount of any payment contemplated by this Agreement.

      (c) Waiver. No provision of this Agreement shall be modified, waived or
      discharged unless the modification, waiver or discharge is agreed to in
      writing and signed by the Employee and by an authorized officer of the
      Company (other than the Employee). No waiver by either party of any breach
      of, or of compliance with, any condition or provision of this Agreement by
      the other party shall be considered a waiver of any other condition or
      provision or of the same condition or provision at another time.

      (d) Whole Agreement. This Agreement and any outstanding stock option
      agreements represent the entire understanding of the parties hereto with
      respect to the subject matter hereof and supersedes all prior arrangements
      and understandings regarding the same subject matter, including, without
      limitation, the Change of Control Severance Agreement between the parties.
      Other than the agreements described in the preceding sentence, no
      agreements, representations or understandings (whether oral or written and
      whether express or implied) that are not expressly set forth in this
      Agreement have been made or entered into by either party with respect to
      the subject matter hereof.

      (e) Governing Law. This Agreement shall be governed by, and construed and
      interpreted in accordance with, the laws of the State of Oregon without
      regard to principles of conflicts of laws.

      (f) Severability. The invalidity or unenforceability of any provision or
      provisions of this Agreement shall not affect the validity or
      enforceability of any other provision hereof, which shall remain in full
      force and effect.

      (g) Withholding. All payments made pursuant to this Agreement will be
      subject to withholding of applicable income and employment taxes.

      (h) Counterparts. This Agreement may be executed in counterparts, each of
      which shall be deemed an original, but all of which together will
      constitute one and the same instrument.

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      IN WITNESS WHEREOF, each of the parties has executed this Agreement, in
the case of the Company by its duly authorized officer, as of the day and year
set forth below.

                                "Company"

                                CORILLIAN CORPORATION

                                By:________________________
                                Title:_____________________
                                Name:______________________

                                "Employee"

                                 ___________________________
                                 Print Name:________________

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                                    EXHIBIT A
                                RELEASE AGREEMENT

            This Release Agreement (this "Agreement") is entered into this ___
day of _________, 20__, by and between Corillian Corporation, an Oregon
corporation, and its subsidiaries and divisions (the "Company"), and
________________ ("Employee").

                                    RECITALS

      A.    The Company and the Employee are parties to a Severance Agreement,
            dated as of ____________ ___, 20__ (the "Severance Agreement").

      B.    Under the terms of the Severance Agreement, Employee agreed to enter
            into this Agreement.

      NOW, THEREFORE, for in consideration of the mutual promises contained
herein, and other good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the parties agree as follows:

                                    AGREEMENT

            1. SEVERANCE; RELEASE. In consideration of the payments to be made
to Employee under the Severance Agreement, Employee, on Employee's own behalf
and on behalf of Employee's descendants, dependents, heirs, executors,
successors, assigns and administrators hereby (1) covenants not to sue, (2)
fully releases and discharges, and (3) agrees to indemnify and hold harmless the
Company and each of its related companies or entities, and each of its
predecessors, successors, assigns, officers, directors, shareholders,
representatives, attorneys, employees and agents, past and present, with respect
to and from and against any and all claims, demands, obligations, causes of
action, debts, expenses, damages, judgments, orders and liabilities of whatever
kind or nature, in law, equity or otherwise, whether now known or unknown,
suspected or unsuspected, matured or unmatured, and whether or not concealed or
hidden (collectively, the "Claims"), which Employee now owns or holds or has at
any time heretofore owned or held or had, or may at any time own or hold or
have, against the Company, including without limiting the generality of the
foregoing, any Claims arising out of or in any way connected with any
transactions, occurrences, acts or omissions regarding or relating to Employee's
employment with the Company or any of its affiliates, or the termination of
Employee's employment, including without limitation any claims arising from any
alleged violation by the Company of any federal, state or local statutes,
ordinances or common laws, including, but not limited to, the Age Discrimination
in Employment Act, Title VII of the Civil Rights Act of 1964 and/or the Civil
Rights Act of 1991, the Americans with Disabilities Act, and the Family and
Medical Leave Act of 1993, or any claim for severance pay, bonus, sick leave,
holiday pay, vacation pay, life insurance, health or medical insurance or any
other fringe benefit, workers' compensation or disability.

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            2. ADEA WAIVER. Employee expressly acknowledges and agrees that, by
entering into this Agreement, Employee is waiving any and all rights or claims
that Employee may have arising under the Age Discrimination in Employment Act of
1967, as amended, which have arisen on or before the date of execution of this
Agreement. Employee further expressly acknowledges and agrees to the following:

            2.1. CONSIDERATION. In return for this Agreement, Employee will
            receive consideration beyond that which Employee was already
            entitled to receive before entering into this Agreement.

            2.2. COUNSEL. Employee was orally advised by Company and was advised
            in writing to consult with an attorney before signing this
            Agreement.

            2.3. REVOCATION. Employee was informed that Employee has seven (7)
            days following the date of execution of this Agreement in which to
            revoke this Agreement.

            3. WAIVER OF KNOWN AND UNKNOWN CLAIMS. In executing this Agreement,
Employee intends to bar each and every claim, demand and cause of action
specified above; in furtherance of this intention Employee hereby expressly
waives any and all rights and benefits conferred upon Employee by any statutory
provision and expressly agrees that this Agreement will be given full force and
effect according to each and all of its express terms and provisions. This
Agreement extends to unknown and unsuspected claims, demands and causes of
action, if any, as well as to those relating to any other claims, demands and
causes of action hereinabove specified. Employee makes this waiver with full
knowledge of Employee's rights, after adequate opportunity to consult with legal
counsel.

Employee acknowledges that Employee may hereafter discover claims or facts in
addition to or different from those which Employee now knows or believes to
exist with respect to the subject matter of this Agreement, and which, if known
or suspected at the time of executing this Agreement may have materially
affected this settlement. Nevertheless, Employee hereby waives any right, claim
or cause of action that might arise as a result of such different or additional
claims or facts. Employee hereby understands and acknowledges the significance
and consequence of such release and waiver.

This Agreement constitutes a full release in accordance with its terms.
Participant knowingly and voluntarily waives the provisions of any statute, law,
or rule that would limit the effect of this Agreement, and acknowledges and
agrees that this waiver is an essential and material term of this Agreement, and
without such waiver the severance payments to Participant would not have been
paid.

            4. INDEMNIFICATION. Employee warrants and represents that Employee
has not previously assigned or transferred to any person not a party to this
Agreement, any released matter or any part or portion thereof and Employee will
defend,

<PAGE>

indemnify and hold harmless the Company from and against any claim (including
the payment of attorneys' fees and costs actually incurred whether or not
litigation is commenced) based on or in connection with or arising out of any
such assignment or transfer made, purported or claimed.

            5. GENERAL PROVISIONS.

            5.1. DISCLAIMER OF LIABILITY. While this Agreement resolves all
            issues between the parties, as well as any future effects and
            consequences of any acts or omissions, it does not constitute an
            admission by any of the parties of any liability or wrongdoing.
            Nothing in this Agreement or any related document will be construed
            or admissible in any proceeding as evidence of liability or
            wrongdoing by the Company or Employee.

            5.2. ADDITIONAL DOCUMENTATION AND COOPERATION WITH FURTHER
            PROCEEDINGS. From time to time and without charge or other
            consideration, the parties will execute such additional
            documentation, take any actions and cooperate in further proceedings
            in connection with carrying out and effectuating the intent and
            purpose of this Agreement and all transactions and things
            contemplated by this Agreement.

            5.3. ASSIGNMENT. This Agreement is a personal contract, and the
            rights, interests and obligations of Employee under this Agreement
            may not be sold, transferred, assigned, pledged or hypothecated,
            except that this Agreement may be assigned by the Company to any
            corporation or other business entity that succeeds to all or
            substantially all of the business of the Company through merger,
            consolidation, corporate reorganization or by acquisition of all or
            substantially all of the assets of the Company and that assumes the
            Company's obligations under this Agreement. The terms and conditions
            of this Agreement will inure to the benefit of and be binding upon
            any successor to the business of the Company and Employee's heirs
            and legal representatives.

            5.4. AMENDMENTS; WAIVERS. Amendments, waivers, demands, consents and
            approvals under this Agreement must be in writing and designated as
            such. No failure or delay in exercising any right will be deemed a
            waiver of such right.

            5.5. INTEGRATION. This Agreement is the entire agreement between the
            parties pertaining to its subject matter, and supersedes all prior
            agreements and understandings of the parties in connection with such
            subject matter.

            5.6. GOVERNING LAW. This Agreement is to be interpreted in
            accordance with the laws of the State of Oregon.

            5.7. HEADINGS. Headings of sections are for convenience only and are
            not a part of this Agreement.

<PAGE>

            5.8. COUNTERPARTS. This Agreement may be executed in one or more
            counterparts, all of which constitute one agreement.

            5.9. SUCCESSORS AND ASSIGNS. This Agreement is binding upon and
            inures to the benefit of each party and such party's respective
            heirs, personal representatives, successors and assigns. Nothing in
            this Agreement, express or implied, is intended to confer any rights
            or remedies upon any other person.

            5.10. INTERPRETATION. This Agreement is to be construed as a whole
            and in accordance with its fair meaning. Any rule of law or any
            legal decision that would require interpretation of any claimed
            ambiguities in this Agreement against the party that drafted it, has
            no application and is expressly waived.

            5.11. TIME IS OF THE ESSENCE. Time is of the essence in the
            performance of each and every term, provision and covenant in this
            Agreement.

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

                                 "Company"

                                 CORILLIAN CORPORATION

                                 By ____________________________

                                 Its ___________________________

                                 "Employee"

                                 _______________________________<PAGE>

                                                                    EXHIBIT 10.5

                   2000 EXECUTIVE PERFORMANCE INCENTIVE PLAN
                  (Amended and Restated as of March 30, 2005)

SECTION 1. Purpose of Plan

The purpose of this "Fluor Corporation 2000 Executive Performance Incentive
Plan" ("Plan") of Fluor Corporation, a Delaware corporation, is to enable the
Company, as defined in Section 2.2(a)(ii) hereof, to attract, retain and
motivate its officers, management and other key personnel, and to further align
the interests of such persons with those of the shareholders of the Company, by
providing for or increasing their proprietary interest in the Company. The Plan
also permits Shares to be issuable upon exercise, vesting or satisfaction of
stock-based awards that were assumed by the Company in connection with the
distribution of the Company's common stock (the "Distribution") to the
stockholders of Massey Energy Company, which prior to the distribution was known
as Fluor Corporation ("Old Fluor").

SECTION 2. Administration of the Plan

2.1 Composition of Committee. The Plan shall be administered by the Organization
and Compensation Committee of the Board of Directors, and/or by the Board of
Directors or another committee of the Board of Directors of the Company, as
appointed from time to time by the Board of Directors (any such administrative
body, the "Committee"). The Board of Directors shall fill vacancies on, and from
time to time may remove or add members to, the Committee. The Committee shall
act pursuant to a majority vote or unanimous written consent. Notwithstanding
the foregoing, with respect to any Award that is not intended to satisfy the
conditions of Rule 16b-3 under the Securities Exchange Act of 1934, as amended
(the "Exchange Act") or Section 162(m)(4)(C) of the Internal Revenue Code of
1986, as amended (the "Code"), the Committee may appoint one or more separate
committees (any such committee, a "Subcommittee") composed of one or more
directors of the Company (who may but need not be members of the Committee) and
may delegate to any such Subcommittee(s) the authority to grant Awards, as
defined in Section 5.1 hereof, under the Plan to Employees, to determine all
terms of such Awards, and/or to administer the Plan or any aspect of it. Any
action by any such Subcommittee within the scope of such delegation shall be
deemed for all purposes to have been taken by the Committee. The Committee may
designate the Secretary of the Company or other Company employees to assist the
Committee in the administration of the Plan, and may grant authority to such
persons to execute agreements evidencing Awards made under this Plan or other
documents entered into under this Plan on behalf of the Committee or the
Company.

2.2 Powers of the Committee. Subject to the express provisions of this Plan, the
Committee shall be authorized and empowered to do all things necessary or
desirable in connection with the administration of this Plan with respect to the
Awards over which such Committee has authority, including, without limitation,
the following:

     (a) to prescribe, amend and rescind rules and regulations relating to this
     Plan and to define terms not otherwise defined herein; provided that,
     unless the Committee shall specify otherwise, for purposes of this Plan (i)
     the term "fair market value" shall mean, as of any date, the average of the
     highest price and the lowest price per share at which the Shares (as
     defined in Section 3.1 hereof) are sold in the regular way on the New

<PAGE>

     York Stock Exchange or, if no Shares traded on the New York Stock Exchange
     on the date in question, then for the next preceding date for which Shares
     traded on the New York Stock Exchange; and (ii) the term "Company" shall
     mean Fluor Corporation and its subsidiaries and affiliates, unless the
     context otherwise requires.

     (b) to determine which persons are Eligible Employees (as defined in
     Section 4 hereof), to which of such Eligible Employees, if any, Awards
     shall be granted hereunder, to make Awards under the Plan and to determine
     the terms of such Awards and the timing of any such Awards;

     (c) to determine the number of Shares subject to Awards and the exercise or
     purchase price of such Shares;

     (d) to establish and verify the extent of satisfaction of any performance
     goals applicable to Awards;

     (e) to prescribe and amend the terms of the agreements or other documents
     evidencing Awards made under this Plan (which need not be identical);

     (f) to determine whether, and the extent to which, adjustments are required
     pursuant to Section 11 hereof;

     (g) to interpret and construe this Plan, any rules and regulations under
     the Plan and the terms and conditions of any Award granted hereunder, and
     to make exceptions to any such provisions in good faith and for the benefit
     of the Company; and

     (h) to make all other determinations deemed necessary or advisable for the
     administration of the Plan.

2.3 Determinations of the Committee. All decisions, determinations and
interpretations by the Committee or the Board regarding the Plan shall be final
and binding on all Eligible Employees and Participants, as defined in Section 4
hereof. The Committee or the Board, as applicable, shall consider such factors
as it deems relevant, in its sole and absolute discretion, to making such
decisions, determinations and interpretations including, without limitation, the
recommendations or advice of any officer of the Company or Eligible Employee and
such attorneys, consultants and accountants as it may select.

SECTION 3.  Stock Subject to Plan

3.1 Aggregate Limits. Subject to adjustment as provided in Section 11, at any
time, the aggregate number of shares of the Company's common stock, $0.01 par
value ("Shares"), issued pursuant to all Awards (including all ISOs (as defined
in Section 5.1 hereof)) granted under this Plan shall not exceed 12,000,000;
provided that no more than 4,500,000 of such Shares may be issued pursuant to
all Restricted Stock Awards, Incentive Awards, and Stock Units (other than Stock
Units issued upon exercise of Options and any such awards issued as Assumed
Awards) granted under the Plan. The Shares subject to the Plan may be either
Shares reacquired by the Company, including Shares purchased in the open market,
or authorized but unissued Shares.
<PAGE>

3.2 Code Section 162(m) Limits. The aggregate number of Shares subject to
Options granted under this Plan during any calendar year to any one Eligible
Employee shall not exceed 750,000. The aggregate number of Shares issued or
issuable under any Restricted Stock Awards, Incentive Awards or Stock Unit
Awards (other than Stock Units issued or issuable upon exercise of Options)
granted under this Plan during any calendar year to any one Eligible Employee
shall not exceed 150,000. Notwithstanding anything to the contrary in the Plan,
the foregoing limitations (i) shall not apply to Assumed Awards, (ii) shall not
include the number of shares subject to Assumed Awards, and (iii) shall be
subject to adjustment under Section 11 only to the extent that such adjustment
will not affect the status of any Award intended to qualify as "performance
based compensation" under Code Section 162(m).

3.3 Issuance of Shares. For purposes of Section 3.1, the aggregate number of
Shares issued under this Plan at any time shall equal only the number of Shares
actually issued upon exercise or settlement of an Award and not returned to the
Company upon cancellation, expiration or forfeiture of an Award or delivered
(either actually or by attestation) in payment or satisfaction of the purchase
price, exercise price or tax obligation of an Award.

SECTION 4. Persons Eligible Under Plan

Any person who is an (i) employee and who also is an officer, key employee or
member of the Executive Management Team ("EMT"), (ii) prospective employee who
is to be an officer, key employee or member of the EMT, (iii) consultant, or
(iv) advisor of the Company (an "Eligible Employee") shall be eligible to be
considered for the grant of Awards hereunder. For purposes of this Plan, the
Chairman of the Board's status as an Employee shall be determined by the Board.
For purposes of the administration of Awards, the term "Eligible Employee" shall
also include a former Eligible Employee or any person (including any estate) who
is a beneficiary of a former Eligible Employee. A "Participant" is any Eligible
Employee to whom an Award has been made and any person (including any estate) to
whom an Award has been assigned or transferred pursuant to Section 10.1.

SECTION 5. Plan Awards

5.1 Award Types. The Committee, on behalf of the Company, is authorized under
this Plan to enter into certain types of arrangements with Eligible Employees
and to confer certain benefits on them. The following such arrangements or
benefits are authorized under the Plan if their terms and conditions are not
inconsistent with the provisions of the Plan: Stock Options, Restricted Stock,
Incentive Awards, Stock Units and Assumed Awards. Such arrangements and benefits
are sometimes referred to herein as "Awards." The authorized types of
arrangements and benefits for which Awards may be granted are defined as
follows:

     Stock Option Awards: A Stock Option is a right granted under Section 6 to
     purchase a number of Shares at such exercise price, at such times, and on
     such other terms and conditions as are specified in or determined pursuant
     to the document(s) evidencing the Award (the "Option Agreement"). Options
     intended to qualify as Incentive Stock Options ("ISOs") pursuant to Code
     Section 422 and Options which are not intended to qualify as ISOs ("Non-
     qualified Options") may be granted under Section 6 as the Committee in its
     sole discretion shall determine.

<PAGE>

     Restricted Stock Awards: Restricted Stock is an award of Shares made under
     Section 7, the grant, issuance, retention and/or vesting of which is
     subject to such performance and other conditions as are expressed in the
     document(s) evidencing the Award (the "Restricted Stock Agreement").

     Incentive Awards: An Incentive Award is a bonus opportunity awarded under
     Section 8 pursuant to which a Participant may become entitled to receive an
     amount (which may be payable in cash, Shares or other property) based on
     satisfaction of such performance criteria as are specified in the
     document(s) evidencing the Award (the "Incentive Bonus Agreement").

     Stock Unit Awards: A Stock Unit Award is an award of a right to receive the
     fair market value of one share of Common Stock made under Section 9, the
     grant, issuance, retention and/or vesting of which is subject to such
     performance and other conditions as are expressed in the document(s)
     evidencing the Award (the "Stock Unit Agreement").

     Assumed Awards: An Assumed Award is a stock option, stock appreciation
     right, restricted stock grant, restricted stock unit or other equity-based
     arrangement that was granted by Old Fluor and assumed by the Company in
     connection with the Distribution, as adjusted or amended pursuant to the
     terms thereof. Notwithstanding any provision to the contrary in this Plan
     and except as provided in this sentence, the terms of Assumed Awards shall
     be subject to the terms and conditions set forth in the grant agreement
     and/or other document(s) evidencing such Award and, to the extent provided
     therein, to terms equivalent to the terms of the plan under which such
     Award was originally granted; provided, however, that all Assumed Awards
     shall be administered by the Committee, which shall have the power and
     authority provided for in Section 2 of this Plan.

5.2 Grants of Awards. An Award may consist of one such arrangement or benefit or
two or more of them in tandem or in the alternative.

SECTION 6. Stock Option Awards

The Committee may grant an Option or provide for the grant of an Option, either
from time-to-time in the discretion of the Committee or automatically upon the
occurrence of specified events, including, without limitation, the achievement
of performance goals, the satisfaction of an event or condition within the
control of the recipient of the Award, within the control of others or not
within any person's control.

6.1 Option Agreement. Each Option Agreement shall contain provisions regarding
(a) the number of Shares which may be issued upon exercise of the Option, (b)
the purchase price of the Shares and the means of payment for the Shares, (c)
the term of the Option, (d) such terms and conditions of exercisability as may
be determined from time to time by the Committee, (e) restrictions on the
transfer of the Option and forfeiture provisions, and (f) such further terms and
conditions, in each case not inconsistent with the Plan as may be determined
from time to time by the Committee. Option Agreements evidencing ISOs shall
contain such terms and conditions as may be necessary to comply with the
applicable provisions of Section 422 of the Code.

<PAGE>

6.2 Option Price. The purchase price per Share of the Shares subject to each
Option granted under the Plan shall equal or exceed 100% of the fair market
value of such Stock on the date the Option is granted, except that (i) the
Committee may specifically provide that the exercise price of an Option may be
higher or lower in the case of an Option granted to employees of a company
acquired by the Company in assumption and substitution of options held by such
employees at the time such company is acquired, and (ii) in the event an
Eligible Employee is required to pay or forego the receipt of any cash amount in
consideration of receipt of an Option, the exercise price plus such cash amount
shall equal or exceed 100% of the fair market value of such Stock on the date
the Option is granted.

6.3 Option Term. The "Term" of each Option granted under the Plan, including any
ISOs, shall not exceed ten (10) years from the date of its grant.

6.4 Option Vesting. Options granted under the Plan shall be exercisable at such
time and in such installments during the period prior to the expiration of the
Option's Term as determined by the Committee in its sole discretion. The
Committee shall have the right to make the timing of the ability to exercise any
Option granted under the Plan subject to such performance requirements as deemed
appropriate by the Committee. At any time after the grant of an Option the
Committee may, in its sole discretion, reduce or eliminate any restrictions
surrounding any Participant's right to exercise all or part of the Option,
except that no Option shall first become exercisable within one (1) year from
its date of grant, other than upon death, disability, a Change of Control (as
defined in Section 12.2 hereof) or upon satisfaction of such performance
requirements as deemed appropriate by the Committee.

6.5 Option Exercise.

     (a) Partial Exercise. An exercisable Option may be exercised in whole or in
     part. However, an Option shall not be exercisable with respect to
     fractional Shares and the Committee may require, by the terms of the Option
     Agreement, a partial exercise to include a minimum number of Shares.

     (b) Manner of Exercise. All or a portion of an exercisable Option shall be
     deemed exercised upon delivery to the representative of the Company
     designated for such purpose by the Committee all of the following: (i)
     notice of exercise in such form as the Committee authorizes specifying the
     number of Shares to be purchased by the Participant, (ii) payment or
     provision for payment of the exercise price for such number of Shares,
     (iii) such representations and documents as the Committee, in its sole
     discretion, deems necessary or advisable to effect compliance with all
     applicable provisions of the Securities Act of 1933, as amended, and any
     other federal, state or foreign securities laws or regulations, (iv) in the
     event that the Option shall be exercised pursuant to Section 10.1 by any
     person or persons other than the Eligible Employee, appropriate proof of
     the right of such person or persons to exercise the Option, and (v) such
     representations and documents as the Committee, in its sole discretion,
     deems necessary or advisable to provide for the tax withholding pursuant to
     Section 13. Unless provided otherwise by the Committee, no Participant
     shall have any right as a shareholder with respect to any Shares purchased
     pursuant to any Option until the registration of Shares in the name of such
     person, and no adjustment shall be made for dividends

<PAGE>

     (ordinary or extraordinary, whether in cash, securities or other property)
     or distributions or other rights for which the record date is prior to the
     date such Shares are so registered.

     (c) Payment of Exercise Price. To the extent authorized by the Committee,
     the exercise price of an Option may be paid in the form of one of more of
     the following, either through the terms of the Option Agreement or at the
     time of exercise of an Option: (i) cash or certified or cashiers' check,
     (ii) shares of capital stock of the Company that have been held by the
     Participant for such period of time as the Committee may specify, (iii)
     other property deemed acceptable by the Committee, (iv) a reduction in the
     number of Shares or other property otherwise issuable pursuant to such
     Option, or (v) any combination of (i) through (iv).

SECTION 7. Restricted Stock Awards

Restricted Stock consists of an award of Shares, the grant, issuance, retention
and/or vesting of which shall be subject to such performance conditions and to
such further terms and conditions as the Committee deems appropriate.

7.1 Restricted Stock Award. Each Restricted Stock Award shall reflect, to the
extent applicable (a) the number of Shares subject to such Award or a formula
for determining such, (b) the time or times at which Shares shall be granted or
issued and/or become retainable or vested, and the conditions or restrictions on
such Shares, (c) the performance criteria and level of achievement versus these
criteria which shall determine the number of Shares granted, issued, retainable
and/or vested, (d) the period as to which performance shall be measured for
determining achievement of performance, (e) forfeiture provisions, and (f) such
further terms and conditions, in each case not inconsistent with the Plan as may
be determined from time to time by the Committee.

7.2 Restrictions and Performance Criteria. The grant, issuance, retention and/or
vesting of each Restricted Stock Award may be subject to such performance
criteria and level of achievement versus these criteria as the Committee shall
determine, which criteria may be based on financial performance, personal
performance evaluations and/or completion of service by the Participant;
provided, however, that no Restricted Stock Award shall first vest within one
year from its date of grant, other than upon death, disability, a Change of
Control (as defined in Section 12.2 hereof) or upon satisfaction of such
performance requirements as deemed appropriate by the Committee. Notwithstanding
anything to the contrary herein, the performance criteria for any Restricted
Stock Award that is intended by the Committee to satisfy the requirements for
"performance-based compensation" under Code Section 162(m) shall be a measure
based on one or more Qualifying Performance Criteria (as defined in Section 10.2
hereof) selected by the Committee.

7.3 Timing and Form of Award. The Committee shall determine the timing of award
of any Restricted Stock Award. The Committee may provide for or, subject to such
terms and conditions as the Committee may specify, may permit a Participant to
elect for the award or vesting of any Restricted Stock to be deferred to a
specified date or event. The Committee may

<PAGE>

provide for a Participant to have the option for his or her Restricted Stock, or
such portion thereof as the Committee may specify, to be granted in whole or in
part in Stock Units.

7.4 Discretionary Adjustments. Notwithstanding satisfaction of any completion of
service or performance goals, the number of Shares granted, issued, retainable
and/or vested under a Restricted Stock Award on account of either financial
performance or personal performance evaluations may be reduced by the Committee
on the basis of such further considerations as the Committee in its sole
discretion shall determine.

SECTION 8. Incentive Awards

Each Incentive Award will confer upon the Eligible Employee the opportunity to
earn a future payment tied to the level of achievement with respect to one or
more performance criteria established for a performance period of not less than
one year.

8.1 Incentive Award. Each Incentive Award shall contain provisions regarding (a)
the target and maximum amount payable to the Participant as an Incentive Award,
(b) the performance criteria and level of achievement versus these criteria
which shall determine the amount of such payment, (c) the period as to which
performance shall be measured for establishing the amount of any payment, (d)
the timing of any payment earned by virtue of performance, (e) restrictions on
the alienation or transfer of the Incentive Award prior to actual payment, (f)
forfeiture provisions, and (g) such further terms and conditions, in each case
not inconsistent with the Plan as may be determined from time to time by the
Committee. In establishing the provisions of Incentive Awards, the Committee may
refer to categories of such Awards as parts of "Programs" or "Plans", which
names will not affect the applicability of this Plan. The maximum amount payable
as an Incentive Award may be a multiple of the target amount payable, but the
maximum amount payable pursuant to that portion of an Incentive Award granted
under this Plan for any fiscal year to any Participant that is intended to
satisfy the requirements for "performance based compensation" under Code Section
162(m) shall not exceed Three million dollars ($3,000,000).

8.2 Performance Criteria. The Committee shall establish the performance criteria
and level of achievement versus these criteria which shall determine the target
and the minimum and maximum amount payable under an Incentive Award, which
criteria may be based on financial performance and/or personal performance
evaluations. The Committee may specify the percentage of the target Incentive
Award that is intended to satisfy the requirements for "performance-based
compensation" under Code Section 162(m). Notwithstanding anything to the
contrary herein, the performance criteria for any portion of an Incentive Award
that is intended by the Committee to satisfy the requirements for "performance-
based compensation" under Code Section 162(m) shall be a measure based on one or
more Qualifying Performance Criteria (as defined in Section 10.2 hereof)
selected by the Committee and specified at the time required under Code Section
162(m).

8.3 Timing and Form of Payment. The Committee shall determine the timing of
payment of any Incentive Award. The Committee may provide for or, subject to
such terms and conditions as the Committee may specify, may permit a Participant
to elect for the payment of any Incentive Award to be deferred to a specified
date or event. The Committee may specify the form of

<PAGE>

payment of Incentive Awards, which may be cash, shares or other property, or may
provide for a Participant to have the option for his or her Incentive Award, or
such portion thereof as the Committee may specify, to be paid in whole or in
part in Shares or Stock Units.

8.4 Discretionary Adjustments. Notwithstanding satisfaction of any performance
goals, the amount paid under an Incentive Award on account of either financial
performance or personal performance evaluations may be reduced by the Committee
on the basis of such further considerations as the Committee in its sole
discretion shall determine.

SECTION 9. Stock Units

9.1 Stock Units. A "Stock Unit" is a bookkeeping entry representing an amount
equivalent to the fair market value of one share of Common Stock, also sometimes
referred to as a "restricted unit" or "shadow stock". Stock Units represent an
unfunded and unsecured obligation of the Company, except as otherwise provided
for by the Committee.

9.2 Stock Unit Awards. Each Stock Unit Award shall reflect, to the extent
applicable (a) the number of Stock Units subject to such Award or a formula for
determining such, (b) the time or times at which Stock Units shall be granted or
issued and/or become retainable or vested, and the conditions or restrictions on
such Stock Units, (c) the performance criteria and level of achievement versus
these criteria which shall determine the number of Stock Units granted, issued,
retainable and/or vested, (d) the period as to which performance shall be
measured for determining achievement of performance, (e) forfeiture provisions,
and (f) such further terms and conditions, in each case not inconsistent with
the Plan as may be determined from time to time by the Committee. Stock Units
may also be issued upon exercise of Options, may be granted in payment and
satisfaction of Incentive Awards and may be issued in lieu of Restricted Stock
or any other Award that the Committee elects to be paid in the form of Stock
Units.

9.3 Performance Criteria. The grant, issuance, retention and or vesting of each
Stock Unit may be subject to such performance criteria and level of achievement
versus these criteria as the Committee shall determine, which criteria may be
based on financial performance, personal performance evaluations and/or
completion of service by the Participant; provided, however, that no Stock Unit
shall first vest within one (1) year from its date of grant, other than upon
death, disability, a Change of Control (as defined in Section 12.2 hereof) or
upon satisfaction of such performance requirements as deemed appropriate by the
Committee. Notwithstanding anything to the contrary herein, the performance
criteria for any Stock Unit that is intended by the Committee to satisfy the
requirements for "performance-based compensation" under Code Section 162(m)
shall be a measure based on one or more Qualifying Performance Criteria (as
defined in Section 10.2 hereof) selected by the Committee and specified at the
time the Stock Unit is granted.

9.4 Timing and Form of Award. The Committee shall determine the timing of award
of any Stock Unit. The Committee may provide for or, subject to such terms and
conditions as the Committee may specify, may permit a Participant to elect for
the award or vesting of any Stock Unit to be deferred to a specified date or
event. The Committee may provide for a Participant to have the option for his or
her Stock Unit, or such portion thereof as the Committee may specify, to be
granted in whole or in part in Shares.

<PAGE>

9.5 Settlement of Stock Units. The Committee may provide for Stock Units to be
settled in cash or Shares (at the election of the Company or the Participant, as
specified by the Committee) and to be made at such other times as it determines
appropriate or as it permits a Participant to choose. The amount of cash or
Shares, or other settlement medium, to be so distributed may be increased by an
interest factor or by dividend equivalents, as the case may be, which may be
valued as if reinvested in Shares. Until a Stock Unit is settled, the number of
Shares represented by a Stock Unit shall be subject to adjustment pursuant to
Section 11.

9.6 Discretionary Adjustments. Notwithstanding satisfaction of any completion of
service or performance goals, the number of Stock Units granted, issued,
retainable and/or vested under a Stock Unit Award on account of either financial
performance or personal performance evaluations may be reduced by the Committee
on the basis of such further considerations as the Committee in its sole
discretion shall determine.

SECTION 10. Other Provisions Applicable to Awards

10.1 Transferability. Unless the agreement evidencing an Award (or an amendment
thereto authorized by the Committee) expressly states that it is transferable as
provided hereunder, no Award granted under the Plan, nor any interest in such
Award, may be sold, assigned, conveyed, gifted, pledged, hypothecated or
otherwise transferred in any manner, other than by will or the laws of descent
and distribution, prior to the vesting or lapse of any and all restrictions
applicable to any Shares issued under an Award. The Committee may in its sole
discretion grant an Award or amend an outstanding Award to provide that the
Award is transferable or assignable to a member or members of the Eligible
Employee's "immediate family", as such term is defined under Exchange Act Rule
16a-1(e), or to a trust for the benefit solely of a member or members of the
Eligible Employee's immediate family, or to a partnership or other entity whose
only owners are members of the Eligible Employee's family, provided that
following any such transfer or assignment the Award will remain subject to
substantially the same terms applicable to the Award while held by the Eligible
Employee, as modified as the Committee in its sole discretion shall determine
appropriate, and the Participant shall execute an agreement agreeing to be bound
by such terms.

10.2 Qualifying Performance Criteria. For purposes of this Plan, the term
"Qualifying Performance Criteria" shall mean any one or more of the following
performance criteria, either individually, alternatively or in any combination,
applied to either the Company as a whole or to a business unit, subsidiary or
business segment, either individually, alternatively or in any combination, and
measured either annually or cumulatively over a period of years, on an absolute
basis or relative to a pre-established target, to previous years' results or to
a designated comparison group, in each case as specified by the Committee in the
Award: (a) cash flow, (b) earnings (including gross margin, earnings before
interest and taxes ("EBIT"), earnings before taxes ("EBT"), and net earnings),
(c) earnings per share, (d) growth in earnings or earnings per share, (e) stock
price, (f) return on equity or average stockholders' equity, (g) total
stockholder return, (h) return on capital, (i) return on assets or net assets,
(j) return on investment, (k) revenue, (l) income or net income, (m) operating
income or net operating income, (n) operating profit or net operating profit,
(o) operating margin, (p) return on operating revenue, (q) market share, (r)
contract awards or backlog, (s) overhead or other expense reduction, (t) growth
in stockholder value relative to the two-year moving average of the S&P 500
Index, (u) growth in

<PAGE>

stockholder value relative to the two-year moving average of the Dow Jones Heavy
Construction Index, (v) credit rating, (w) strategic plan development and
implementation, (x) succession plan development and implementation, (y)
retention of executive talent, (z) improvement in workforce diversity, (aa)
return on average stockholders' equity relative to the Ten Year Treasury Yield
(as hereinafter defined), (bb) improvement in safety records, (cc) capital
resource management plan development and implementation, (dd) improved internal
financial controls plan development and implementation, (ee) corporate tax
savings, (ff) corporate cost of capital reduction, (gg) investor relations
program development and implementation, (hh) corporate relations program
development and implementation, (ii) executive performance plan development and
implementation, and (jj) tax provision rate for financial statement purposes.
The Committee may appropriately adjust any evaluation of performance under a
Qualifying Performance Criteria to exclude any of the following events that
occurs during a performance period: (i) asset write-downs, (ii) litigation or
claim judgments or settlements, (iii) the effect of changes in tax law,
accounting principles or other such laws or provisions affecting reported
results, (iv) accruals for reorganization and restructuring programs, and (v)
any extraordinary non-recurring items as described in Accounting Principles
Board Opinion No. 30 and/or in management's discussion and analysis of financial
condition and results of operations appearing in the Company's annual report to
stockholders for the applicable year. The term "Ten Year Treasury Yield" shall
mean, for any fiscal period, the daily average percent per annum yield for U.S.
Government Securities -- 10 year Treasury constant maturities, as published in
the Federal Reserve statistical release or any successor publication. Prior to
the payment of any compensation under an Award intended to qualify as
"performance-based compensation" under Code Section 162(m) the Committee shall
certify the extent to which any Qualifying Performance Criteria and any other
material terms under such Award have been satisfied (other than in cases where
such relate solely to the increase in the value of the Company's Common Stock).

10.3 Dividends. Unless otherwise provided by the Committee, no adjustment shall
be made in Shares issuable under Awards on account of cash dividends which may
be paid or other rights which may be issued to the holders of Shares prior to
their issuance under any Award. The Committee shall specify whether dividends or
dividend equivalent amounts shall be paid to any Participant with respect to the
Shares subject to any Award that have not vested or been issued or that are
subject to any restrictions or conditions on the record date for dividends.

10.4 Agreements Evidencing Awards. The Committee shall, subject to applicable
law, determine the date an Award is deemed to be granted, which for purposes of
this Plan shall not be affected by the fact that an Award is contingent on
subsequent stockholder approval of the Plan. The Committee or, except to the
extent prohibited under applicable law, its delegate(s) may establish the terms
of agreements evidencing Awards under this Plan and may, but need not, require
as a condition to any such agreement's effectiveness that such agreement be
executed by the Participant and that such Participant agree to such further
terms and conditions as specified in such agreement. The grant of an Award under
this Plan shall not confer any rights upon the Participant holding such Award
other than such terms, and subject to such conditions, as are specified in this
Plan as being applicable to such type of Award (or to all Awards) or as are
expressly set forth in the Agreement evidencing such Award.

<PAGE>

10.5 Tandem Stock or Cash Rights. Either at the time an Award is granted or by
subsequent action, the Committee may, but need not, provide that an Award shall
contain as a term thereof, a right, either in tandem with the other rights under
the Award or as an alternative thereto, of the Participant to receive, without
payment to the Company, a number of Shares, cash or a combination thereof, the
amount of which is determined by reference to the value of the Award; provided,
however, that the number of such rights granted under any Award shall not exceed
the per Eligible Employee share limitation for such Award as set forth in
Section 3.2.

SECTION 11. Changes in Capital Structure

If the outstanding securities of the class then subject to this Plan are
increased, decreased or exchanged for or converted into cash, property or a
different number or kind of shares or securities, or if cash, property or shares
or securities are distributed in respect of such outstanding securities, in
either case as a result of a reorganization, merger, consolidation,
recapitalization, restructuring, reclassification, dividend (other than a
regular, quarterly cash dividend) or other distribution, stock split, reverse
stock split, spin-off or the like, or if substantially all of the property and
assets of the Company are sold, then, unless the terms of such transaction shall
provide otherwise, the Committee may make appropriate and proportionate
adjustments in (i) the number and type of shares or other securities or cash or
other property that may be acquired pursuant to Awards theretofore granted under
this Plan and the exercise or settlement price of such Awards, provided,
however, that any such adjustment shall be made in such a manner that will not
affect the status of any Award intended to qualify as an ISO under Code Section
422 or as "performance based compensation" under Code Section 162(m), and (ii)
the maximum number and type of shares or other securities that may be issued
pursuant to such Awards thereafter granted under this Plan.

SECTION 12. Change of Control

12.1 Effect of Change of Control. The Committee may through the terms of the
Award or otherwise provide that any or all of the following shall occur, either
immediately upon the Change of Control or a Change of Control Transaction, or
upon termination of the Eligible Employee's employment within twenty-four (24)
months following a Change of Control or a Change of Control Transaction: (a) in
the case of an Option, the Participant's ability to exercise any portion of the
Option not previously exercisable, (b) in the case of an Incentive Award, the
right to receive a payment equal to the target amount payable or, if greater, a
payment based on performance through a date determined by the Committee prior to
the Change of Control, and (c) in the case of Shares issued in payment of any
Incentive Award, and/or in the case of Restricted Stock or Stock Units, the
lapse and expiration of any conditions to the grant, issuance, retention,
vesting or transferability of, or any other restrictions applicable to, such
Award. The Committee also may, through the terms of the Award or otherwise,
provide for an absolute or conditional

<PAGE>

exercise, payment or lapse of conditions or restrictions on an Award which shall
only be effective if, upon the announcement of a Change of Control Transaction,
no provision is made in such Change of Control Transaction for the exercise,
payment or lapse of conditions or restrictions on the Award, or other procedure
whereby the Participant may realize the full benefit of the Award.

12.2 Definitions. Unless the Committee or the Board shall provide otherwise,
"Change of Control" shall mean an occurrence of any of the following events (a)
a third person, including a "group" as defined in Section 13(d)(3) of the
Exchange Act, acquires shares of the Company having twenty-five percent or more
of the total number of votes that may be cast for the election of directors of
the Company, (b) as the result of any cash tender or exchange offer, merger or
other business combination, or any combination of the foregoing transactions (a
"Transaction"), the persons who were directors of the Company before the
Transaction shall cease to constitute a majority of the Board of the Company or
any successor to the Company; or (c) such other events as the Committee or the
Board from time to time may specify. "Change of Control Transaction" shall
include any tender offer, offer, exchange offer, solicitation, merger,
consolidation, reorganization or other transaction which is intended to or
reasonably expected to result in a Change of Control.

SECTION 13. Taxes

13.1 Withholding Requirements. The Committee may make such provisions or impose
such conditions as it may deem appropriate for the withholding or payment by the
Employee or Participant, as appropriate, of any taxes which it determines are
required in connection with any Awards granted under this Plan, and a
Participant's rights in any Award are subject to satisfaction of such
conditions.

13.2 Payment of Withholding Taxes. Notwithstanding the terms of Section 13.1
hereof, the Committee may provide in the agreement evidencing an Award or
otherwise that all or any portion of the taxes required to be withheld by the
Company or, if permitted by the Committee, desired to be paid by the
Participant, in connection with the exercise of a Non-qualified Option or the
exercise, vesting, settlement or transfer of any other Award shall be paid or,
at the election of the Participant, may be paid by the Company withholding
shares of the Company's capital stock otherwise issuable or subject to such
Award, or by the Participant delivering previously owned shares of the Company's
capital stock, in each case having a fair market value equal to the amount
required or elected to be withheld or paid. Any such elections are subject to
such conditions or procedures as may be established by the Committee and may be
subject to disapproval by the Committee.

SECTION 14. Amendments or Termination

The Board may amend, alter or discontinue the Plan or any agreement evidencing
an Award made under the Plan, but no such amendment shall, without the approval
of the shareholders of the Company:

     (a) materially increase the maximum number of shares of Common Stock for
     which Awards may be granted under the Plan;

<PAGE>

     (b) reduce the price at which Options may be granted below the price
     provided for in Section 6.2;

     (c) reduce the exercise price of outstanding Options;

     (d) after the date of a Change of Control, impair the rights of any Award
     holder, without such holder's consent, under any Award granted prior to the
     date of any Change of Control;

     (e) extend the term of the Plan; or

     (f) change the class of persons eligible to be Participants.

SECTION 15. Compliance With Other Laws and Regulations

The Plan, the grant and exercise of Awards thereunder, and the obligation of the
Company to sell, issue or deliver Shares under such Awards, shall be subject to
all applicable federal, state and foreign laws, rules and regulations and to
such approvals by any governmental or regulatory agency as may be required. The
Company shall not be required to register in a Participant's name or deliver any
Shares prior to the completion of any registration or qualification of such
Shares under any federal, state or foreign law or any ruling or regulation of
any government body which the Committee shall, in its sole discretion, determine
to be necessary or advisable. This Plan is intended to constitute an unfunded
arrangement for a select group of management or other key employees.

No Option shall be exercisable unless a registration statement with respect to
the Option is effective or the Company has determined that such registration is
unnecessary. Unless the Awards and Shares covered by this Plan have been
registered under the Securities Act of 1933, as amended, or the Company has
determined that such registration is unnecessary, each person receiving an Award
and/or Shares pursuant to any Award may be required by the Company to give a
representation in writing that such person is acquiring such Shares for his or
her own account for investment and not with a view to, or for sale in connection
with, the distribution of any part thereof.

SECTION 16. Option Grants by Subsidiaries

In the case of a grant of an Option to any Eligible Employee employed by a
subsidiary or affiliate, such grant may, if the Committee so directs, be
implemented by the Company issuing any subject Shares to the subsidiary or
affiliate, for such lawful consideration as the Committee may determine, upon
the condition or understanding that the subsidiary or affiliate will transfer
the Shares to the optionholder in accordance with the terms of the Option
specified by the Committee pursuant to the provisions of the Plan.
Notwithstanding any other provision hereof, such Option may be issued by and in
the name of the subsidiary or affiliate and shall be deemed granted on such date
as the Committee shall determine.

<PAGE>

SECTION 17. No Right to Company Employment

Nothing in this Plan or as a result of any Award granted pursuant to this Plan
shall confer on any individual any right to continue in the employ of the
Company or interfere in any way with the right of the Company to terminate an
individual's employment at any time. The Award agreements may contain such
provisions as the Committee may approve with reference to the effect of approved
leaves of absence.

SECTION 18. Effectiveness and Expiration of Plan

The Plan shall be effective on the date the Board adopts the Plan and Old Fluor
approves the Plan as sole stockholder of the Company. No Stock Option Award,
Restricted Stock Award or Incentive Award shall be granted pursuant to the Plan
more than ten (10) years after the effective date of the Plan.

SECTION 19. Non-Exclusivity of the Plan

Neither the adoption of the Plan by the Board nor the submission of the Plan to
the shareholders of the Company for approval shall be construed as creating any
limitations on the power of the Board or the Committee to adopt such other
incentive arrangements as it or they may deem desirable, including without
limitation, the granting of restricted stock or stock options otherwise than
under the Plan, and such arrangements may be either generally applicable or
applicable only in specific cases.

SECTION 20. Governing Law

This Plan and any agreements hereunder shall be interpreted and construed in
accordance with the laws of the State of Delaware and applicable federal law.
The Committee may provide that any dispute as to any Award shall be presented
and determined in such forum as the Committee may specify, including through
binding arbitration. Any reference in this Plan or in the agreement evidencing
any Award to a provision of law or to a rule or regulation shall be deemed to
include any successor law, rule or regulation of similar effect or
applicability.

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