Document:

Exhibit 10.26

    Exhibit
      10.26

    Summary
      of Certain Director and Executive Compensation

    

    

    Executive
      Officers

    

    2006
      Compensation

    

    On
      February 16, 2006, the Compensation Committee of the Board of Directors of
      Interactive Intelligence, Inc. (the “Company”) approved compensation
      arrangements for the Company’s executive officers beginning January 1, 2006.
      Annual base salary for the Company’s executive officers are as follows: Donald
      E. Brown, President and Chief Executive Officer, $300,000; Gary R. Blough,
      Executive Vice President, Worldwide Sales, $200,000; Jeremiah J. Fleming,
      President - Vonexus, $200,000; Stephen R. Head, Chief Financial Officer,
      $200,000; Pamela J. Hynes, Vice President, Customer Services, $150,000; and
      Joseph A. Staples, Senior Vice President, Marketing, $200,000.

    

    Dr.
      Brown, Mr. Head, Ms. Hynes and Mr. Staples are also eligible for a Company
      Performance Bonus, which is dependent on the Company achieving certain levels
      of
      financial operating results and, if met, will be payable in the amount of
      $37,500, $10,000, $2,500 and $10,000 per quarter, respectively. 

    

    Messrs.
      Blough, Fleming and Head, Ms. Hynes and Mr. Staples are eligible for bonuses
      of
      $10,000, $10,000, $5,000, $7,500 and $10,000 per quarter, respectively. Mr.
      Blough’s bonus is based upon achieving quota targets in all regions. Mr.
      Fleming’s bonus is dependent on Vonexus achieving certain gross profit targets.
      Mr. Head’s bonus is based upon cash collection targets. Ms. Hynes’ bonus is
      based upon the revenue and operating income from the services over which she
      is
      responsible. Mr. Staples’ bonus is based on the dollar amount of orders for
      Interactive Intelligence and certain gross profit targets for
      Vonexus.

    

    Messrs.
      Blough and Fleming are also eligible for monthly, quarterly and/or annual
      commission and/or quota bonuses that are tied to the areas over which they
      are
      responsible. Mr. Blough is eligible to earn a commission based upon worldwide
      contracted licenses and services. Mr. Fleming is eligible to earn a commission
      based on Vonexus performance. 

    

    Certain
      executives are eligible for a Superior Achievement Bonus based on the Company
      exceeding its operating income targets. This bonus would be awarded as a
      percentage of the Company’s operating income achieved above the target. Dr.
      Brown is eligible for 5%, Mr. Head 2.5%, Ms. Hynes 1% and Mr. Staples 1%. The
      Company must reach certain annual revenue targets in addition to the operating
      income targets in order for Mr. Staples to be eligible for his Superior
      Achievement Bonus. Mr. Fleming is eligible for 4% of the gross profit of Vonexus
      orders exceeding its annual targets. 

    

    Dr.
      Brown, Messrs. Blough, Fleming and Head, Ms. Hynes and Mr. Staples are eligible
      to receive grants of incentive stock options on an annual basis of up to 45,000,
      10,000, 15,000, 25,000, 15,000, and 25,000 shares, respectively. These option
      grants are based on the Company’s performance, Vonexus performance and/or sales
      quotas, depending on the individual executive’s role within the Company. Messrs.
      Blough and Fleming are also eligible for quarterly stock options of 2,500 shares
      each, based upon achievement of sales quotas and Vonexus gross profit,
      respectively. They are also eligible for additional annual stock option grants
      based on the percentage each goes over their targets. Messrs. Blough and Fleming
      are eligible for total maximum options up to 30,000 and 35,000 each per year.
      

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    All
      options discussed above may be granted in full or in partial amounts according
      to the discretion of the Compensation Committee and the option exercise price
      equal to the closing price of the Company’s stock as of the date they are
      approved by the Compensation Committee.

    

    Board
      of Directors 

    

    2006
      Compensation

    

    Non-employees
      serving as members of the Company’s Board of Directors receive an annual
      retainer of $10,000, payable in quarterly installments, in connection with
      membership on the Company’s Board of Directors. In addition, each member
      receives $1,000 for attending in person and $500 for attending by telephone
      any
      meeting of the Board of Directors or any meeting of a committee of the Board
      of
      Directors that is not held in conjunction with a meeting of the full Board
      of
      Directors. An additional fee of $5,000 per year, payable in quarterly
      installments, is paid to the Chairman of the Audit Committee of the Board of
      Directors and $1,000 per year, payable in quarterly installments, is paid to
      each other member of the Audit Committee. Directors are entitled to
      reimbursement of expenses incurred in connection with attendance at Board and
      committee meetings.

    

    Non-employees
      serving as members of the Company’s Board of Directors are eligible to receive
      stock option grants under the Company’s Outside Directors Stock Option
      Plan.

    

    Full-time
      officers of the Company or its subsidiaries do not receive additional
      compensation for serving as members of the Boards of Directors of the Company
      or
      its subsidiaries. No additional compensation is paid if a full-time officer
      serves on any committee of such Boards of Directors.Exhibit 10.24

                               FIRST AMENDMENT OF
                               ------------------
                              ACQUISITION AGREEMENT
                              ---------------------

     This First Amendment of Acquisition Agreement (the "Amendment") is entered
into this December 27, 2005 by and among One Link 4 Travel, Inc., a Delaware
corporation ("OneLink"), The Call Center, LLC, a Delaware limited liability
company ("TCC"), Paul S. Flannery, as Trustee of the Paul Flannery Trust under
trust agreement dated July 2, 2001 as amended and restated November 26, 2003
("Flannery Trust"), and Paul S. Flannery ("Flannery") (OneLink, TCC, the
Flannery Trust and Flannery are sometimes referred to together in this Amendment
as the "Parties") for the purpose of amending the Acquisition Agreement dated
April 8, 2005 entered into among the Parties (the "Original Agreement").

                                R E C I T A L S:

     A.   Following entry by the Parties into the Original Agreement on April 8,
2005 and the Closing of the transactions and delivery of consideration and
documents required under the Original Agreement on April 28, 2005, significant
changes have occurred in the business of TCC including a dramatic reduction and
change in the customer base of TCC. Flannery's involvement in TCC activities has
diminished, and Flannery's time available for activities involving TCC has
decreased. As a result of such changes, Flannery and OneLink contemplate that:
(i) Flannery's involvement in future operations of TCC will be substantially
less than was contemplated at the time of Closing, and (ii) the future value of
the TCC business to OneLink will be increasingly dependent upon post-Closing
operations and will be less dependant on conditions and assets of the TCC
business which existed at the time of Closing.

     B.   Accordingly, the Parties have agreed to: (i) reduce the total
consideration payable to the Flannery Trust for the Flannery Trust's TCC
Membership Interest by reducing the maximum amount of Acquisition Consideration
provided in the Original Agreement, (ii) eliminate certain contingencies and
Repurchase Options applicable to portions of the reduced Acquisition
Consideration, (iii) adjust the payment schedule for certain portions of the
Acquisition Consideration, (iv) terminate certain obligations of Flannery under
Flannery's Employment Agreement, and (v) make other appropriate related
adjustments, with all such adjustments to be made according to the terms of this
Amendment.

ONELINK, TCC, FLANNERY AND THE FLANNERY TRUST AGREE AS FOLLOWS:

     1.   Definitions.   Unless otherwise defined in this Amendment, the
capitalized terms used in this Amendment shall have the meanings defined for
such terms in the Original Agreement.

     2.   Effect of Amendment.   Except as expressly modified by this Amendment,
the terms and provisions of the Original Agreement and the Operating Documents
shall remain in full force and effect.

     3.   Reduction of Acquisition Consideration; Release of Escrow Shares;
Elimination of A Portion of the Contingent Consideration.

<PAGE>
          3.1  Escrow Shares.   Of the 1,000,000 Escrow Shares provided for in
     Section 2.2(b) of the Original Agreement, 500,000 are intended to be
     released to the Flannery Trust, and 500,000 are to be returned to OneLink
     for cancellation. Accordingly, the following changes are hereby adopted in
     the Original Agreement:

               (a)  Section 2.10 of the Original Agreement is amended and
          restated in its entirety to read as follows:

               "2.10 Escrow Shares. Five Hundred Thousand (500,000) of the
               Escrow Shares shall be released from the Escrow and transferred
               by the Escrow Agent to the Flannery Trust on or before December
               31, 2005. Five Hundred Thousand (500,000) of the Escrow Shares
               shall be released from the Escrow and transferred by the Escrow
               Agent to OneLink for cancellation on or before December 31, 2005.
               The Escrow Agreement shall be amended and restated to reflect the
               provisions of this Section 2.10."

               (b)  The Parties acknowledge that the Escrow Agreement
          concurrently is being amended and restated to read as set forth in the
          Amended and Restated Escrow Agreement attached hereto as Exhibit A
          (the "Amended and Restated Escrow Agreement").

               (c)  Release of the Escrow Shares and the resulting termination
          of the Escrow pursuant to this Amendment and the Amended and Restated
          Escrow Agreement eliminate the original purpose and meaning of the
          Repurchase Option, and accordingly, Section 2.10 of the Original
          Agreement is deleted in its entirety, and all references in the
          Original Agreement to the term "Repurchase Option" shall be
          ineffective and inoperative.

     3.2  Contingent Consideration. The Parties have agreed that all
consideration other than the Accounts Receivable Surplus included in the term
"Contingent Consideration" as defined in the Original Agreement and payable to
the Flannery Trust under the Original Agreement is eliminated and shall not be
payable at any time or under any circumstances, and the Parties agree further
that the manner in which the Accounts Payable Surplus, if any, shall be payable
shall be changed to permit the Flannery Trust to meet certain tax obligations.
Accordingly, the following changes are hereby adopted in the Original Agreement:

          (a)  Section 2.2(c) of the Original Agreement is hereby amended and
     restated in its entirety to read as follows:

          "(c) Contingent Consideration. The amount of the Accounts Receivable
          Surplus (the "Contingent Consideration") shall be paid within ten (10)
          business days following the Second Anniversary, provided, however,
          that, during the 2006 calendar year, the Flannery Trust may, by
          advance notice to OneLink of not less than ten (10) business days
          request payment of not more than $150,000 of any Contingent
          Consideration after January 1, 2006 and on or before April 15, 2006,
          not more than $100,000 of any Contingent Consideration after April 15,
          2006 and on or before June 15, 2006, and not more than $100,000 of any
          Contingent Consideration after June 15, 2006 and on or before
          September 15, 2006. OneLink shall effect any payment so requested on
          or before the indicated payment date (or ten (10) days after notice if
          later); provided, however, that in no event shall the cumulative
          amount of such requests for payment during 2006 exceed OneLink's
          liability to pay Contingent Consideration.

          (b)  For all purposes of the Original Agreement, the term "Contingent
     Consideration" shall be synonymous with and equivalent to the Accounts
     Receivable Surplus.

                                       2
<PAGE>
          (c)  Sections 2.8, 2.9 and 5.14 are hereby deleted from the Original
     Agreement in their entirety, and all references to the following defined
     terms in the Original Agreement shall be ineffective and inoperative:

                      "Acquisition Consideration Adjustment"
                      "Cash Flow Shortfall Adjustment"
                      "Cumulative Gross Revenues"
                      "TCC Loan Balances"

     4.   Amendment of Additional Consideration Provision.   The Parties do not
intend to alter the terms and conditions under which Additional Consideration is
to be paid to the Flannery Trust with respect to the 1,000,000 shares of OneLink
Common Stock issued to the Flannery Trust outright at Closing (the "Closing
Shares"). The Escrow Shares were subject to payment of Additional Consideration
under identical terms and conditions under the Original Agreement, but the
Parties have now agreed that the 500,000 Escrow Shares to be retained by the
Flannery Trust under this Amendment are to be subject to identical Additional
Consideration terms and conditions except that the measuring date for the
retained Escrow Shares is to be April 8, 2008 (the "Third Anniversary") and not
the Second Anniversary measurement date that applies to the Closing Shares.
Additionally, because the number of Escrow Shares to be retained is now fixed, a
substantial portion of the language in Section 2.3 of the Original Agreement has
been rendered meaningless. For the purpose of differentiating between the terms
and conditions of any Additional Consideration payable with respect to the
Closing Shares and the Escrow Shares, and for purposes of clarity and
simplification, Section 2.3 of the Original Agreement is amended and restated to
read in its entirety as follows:

          "2.3 Additional Consideration.

               (a)  With respect to the Closing Shares. If, on the Second
          Anniversary of the Closing, the Market Value of OneLink Common Stock
          is less than Two Dollars and Fifty Cents ($2.50) per share, OneLink
          shall pay to the Flannery Trust an amount (the "Additional
          Consideration") determined by the following formula: (i) One Million
          (1,000,000), multiplied by (ii) the positive difference, if any,
          between (A) Two Dollars and Fifty Cents ($2.50), minus (B) the Market
          Value of OneLink Common Stock on the Second Anniversary. The amount of
          any Additional Consideration due with respect to the Closing Shares
          shall be paid by cashier's check or by wire transfer to the Flannery
          Trust within five (5) business days following the Second Anniversary.
          Notwithstanding the foregoing, in the event the Flannery Trust has
          sold or otherwise disposed of part or all of the Closing Shares prior
          to Second Anniversary, the number set forth in part (a)(i) of the
          formula in this Section 2.3(a) shall be reduced from One Million
          (1,000,000) to the number of Closing Shares which the Flannery Trust
          has retained, provided, however, that this sentence shall not apply in
          the event the sale or disposition of shares occurs as part of a sale
          of the Assets or Business of OneLink or in connection with a merger or
          acquisition which is approved by the OneLink Board of Directors. If
          the Market Value of the OneLink Common Stock is zero ($0.00) or deemed
          to be zero ($0.00) on the Second Anniversary, the payment of
          Additional Consideration shall be made to the Flannery Trust as
          required under this Section 2.3, but the Flannery Trust shall be
          required to return to OneLink all of the 1,000,000 Closing Shares of
          OneLink Common Stock (or such lesser portion as the Flannery Trust has
          retained) in exchange for the Additional Consideration.

                                       3
<PAGE>
               (b)  With Respect to Escrow Shares. If, on the Third Anniversary
          of the Closing, the Market Value of OneLink Common Stock is less than
          Two Dollars and Fifty Cents ($2.50) per share, OneLink shall pay to
          the Flannery Trust an amount (the "Additional Consideration")
          determined by the following formula: (i) Five Hundred Thousand
          (500,000), multiplied by (ii) the positive difference, if any, between
          (A) Two Dollars and Fifty Cents ($2.50), minus (B) the Market Value of
          OneLink Common Stock on the Third Anniversary. The amount of any
          Additional Consideration due with respect to the Escrow Shares shall
          be paid by cashier's check or by wire transfer to the Flannery Trust
          within five (5) business days following the Third Anniversary.
          Notwithstanding the foregoing, in the event the Flannery Trust has
          sold or otherwise disposed of part or all of the Escrow Shares prior
          to Third Anniversary, the number set forth in part (b)(i) of the
          formula in this Section 2.3(b) shall be reduced from Five Hundred
          Thousand (500,000) to the number of Escrow Shares which the Flannery
          Trust has retained, provided, however, that this sentence shall not
          apply in the event the sale or disposition of shares occurs as part of
          a sale of the Assets or Business of OneLink or in connection with a
          merger or acquisition which is approved by the OneLink Board of
          Directors. If the Market Value of the OneLink Common Stock is zero
          ($0.00) or deemed to be zero ($0.00) on the Third Anniversary, the
          payment of Additional Consideration shall be made to the Flannery
          Trust as required under this Section 2.3(b), but the Flannery Trust
          shall be required to return to OneLink all of the 500,000 Escrow
          Shares of OneLink Common Stock (or such lesser portion as the Flannery
          Trust has retained) in exchange for the Additional Consideration."

The following capitalized terms are referred to in amended Section 2.3 above and
shall be added to those set forth in the Original Agreement and shall have the
following meanings:

               ""Closing Shares" means the 1,000,000 shares of OneLink Common
          Stock issued to the Flannery Trust outright at Closing.

               "Third Anniversary means the third anniversary of the Closing
          which will be April 8, 2008."

     5.   Termination of Employment Agreement.   Flannery, TCC and OneLink, by
mutual agreement, acknowledge and agree to the termination of the Employment
Agreement among Flannery, TCC and OneLink dated April 8, 2005 as of the close of
business on July 31, 2005. Notwithstanding the termination of the Employment
Agreement, and the language set forth in Section 5.7(e) of the Original
Agreement, Flannery and the Flannery Trust acknowledge that the Flannery Trust
and Flannery have received adequate consideration to support the Non-Competition
covenants set forth in Section 5.7 of the Original Agreement, and the Parties
agree that Section 5.7 shall remain in full force and effect according to its
original terms (other than Section 5.7(e)) notwithstanding the termination of
the Employment Agreement. Consistent with the foregoing, Section 5.8 is hereby
deleted from the Original Agreement in its entirety.

                                       4
<PAGE>
     6.   Termination of Automobile Benefits.  The Parties agree that use of the
2004 Lexis LUV Model GX 470 provided to Flannery without charge under the
Employment Agreement terminated upon termination of the Employment Agreement;
provided, however, that Flannery shall have the right and obligation to assume
lease obligations previously paid by TCC and/or purchase the automobile from the
lessor reasonably promptly after execution of this Amendment; and further
provided that for purposes of determining the amount of "Chargeable Liabilities"
under the Original Agreement (which is included in the formula for determining
the amount of Accounts Receivable Surplus and Contingent Consideration payable
to the Flannery Trust), any lease payments paid by TCC with respect to the 2004
Lexis LUV Model GX 470 attributable to periods on or after August 1, 2005 shall
be treated as "Chargeable Liabilities."

     7.   Modification of Flannery Note Demand.   Due to changes in terminology
adopted by this Amendment, the Flannery Note Demand previously submitted by
Flannery and accepted by OneLink and TCC has been altered to read as set forth
on Exhibit B to this Amendment, and all Parties hereby adopt and accept such
demand in place of the original Flannery Note Demand.

     IN WITNESS WHEREOF, the parties hereto have caused this First Amendment of
Acquisition Agreement to be executed as of the date first above written.

                         TCC:     The Call Center, LLC,
                                  a Delaware limited liability company

                                  By:      /s/ F. W. Guerin
                                           ----------------------------------
                                           F. W. Guerin, CEO of One Link 4
                                           Travel, Inc., Manager of The Call
                                           Center, LLC

              FLANNERY TRUST:     /s/ Paul S. Flannery
                                  ------------------------------------------
                                  Paul S. Flannery, Trustee of the Paul
                                  Flannery Trust under trust agreement dated
                                  July 2, 2001 and amended and restated
                                  November 26, 2003

                   FLANNERY:      /s/ Paul S. Flannery
                                  -------------------------------------------
                                  Paul S. Flannery

                     ONELINK:     ONE LINK 4 TRAVEL, INC.,
                                  a Delaware corporation

                                  By:      /s/ F. W. Guerin
                                           -------------------------------------
                                           F. W. Guerin, Chief Executive Officer

                                       5
<PAGE>

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