Document:

<PAGE>
                                                                  EXHIBIT 10.64

October 31, 2002

Mr. Andrew H. Schultz

Dear Andy:

The following confirms the terms of our agreement regarding your resignation as
an executive officer of and termination of your employment with PRG-Schultz
International, Inc. ("PRG-Schultz"), effective as of the close of business on
November 1, 2002. In exchange for the cancellation of the agreement regarding
employment between you and PRG-Schultz dated December 20, 2001, and your
relinquishment of rights and interests thereunder, the release provided
hereunder, and other good and valuable consideration, the receipt, adequacy and
sufficiency of which you acknowledge, PRG-Schultz shall pay you an aggregate of
$354,461.54, payable in equal monthly payments of $23,630.77 beginning November
30, 2002 through January 30, 2004, unless you die prior to such date, in which
event all payments shall cease. In addition, PRG-Schultz will pay you a lump
sum of $55,000.00 in March of 2003. The termination payments set forth above
shall constitute the total payment and obligations under this Agreement, which
represent payments and obligations that you would not otherwise be entitled to
receive from PRG-Schultz. As of November 1, 2002, all health and welfare
benefits provided by PRG-Schultz to you shall cease, other than those required
by COBRA and similar applicable state laws, if any. PRG-Schultz will not
withhold any amount for taxes on such payments and you shall be solely
responsible for payment of all applicable federal, state, local and other taxes
on such payments. You hereby agree to indemnify and hold PRG-Schultz harmless
against, any and all claims and causes of action (including, but not limited
to, costs and attorneys' fees), arising out of any failure to withhold amounts
from such payments for any such taxes or other taxes of any nature whatsoever.

In consideration of the payment provided for above and other good and valuable
consideration, the receipt, adequacy, and sufficiency of which is hereby
acknowledged, you hereby, for yourself, your heirs, assigns, legal
representatives, predecessors and successors in interest, and any other
representative or entity acting on your behalf, pursuant to, or by virtue of
the rights of any of them, now and forever unconditionally release, discharge,
acquit and hold harmless PRG-Schultz and any subsidiary and related companies,
and any and all of their employees, agents, representatives, affiliates,
insurers, assigns, predecessors and successors in interest, regardless of form,
trustees in bankruptcy or otherwise, insurance benefit plans, and any other
representative or entity acting on its or their behalf (collectively, "Released
Parties"), from any and all claims, rights, demands, actions, suits, damages,
losses, expenses, liabilities, indebtedness, and causes of action, of whatever
kind or nature that existed from the beginning of time through the date of
execution of this Agreement, regardless of whether known or unknown, and
regardless of whether asserted by you to date, but limited to claims arising
from or relating to your employment with PRG-Schultz or any other Released
Party, whether said claim(s) are brought pursuant to Title VII of the Civil
Rights Act of 1964, the Civil Rights Act of 1991, 42 U.S.C. ss. 1981, the
Employee Retirement Income Security Act, the Equal Pay Act, the Fair Labor
Standards Act, the Age Discrimination in Employment Act, the Older Workers'
Benefit Protection Act, the Americans with Disabilities Act, the Family and
Medical Leave Act, any employment-related contract or agreement (whether
written or oral) or any other constitutional, federal, regulatory, state or
local law, or under the common law or in equity.

You understand and acknowledge that this Agreement shall operate as a fully
binding and complete resolution of all claims relating to your employment
relationship with any of the Released Parties and that you shall not be able to
seek any monies for any claim that relates to your employment relationship with
any of the Released Parties, whether known or unknown, against any of the
persons or entities released hereunder other than as provided above.

<PAGE>
Other than as expressly provided herein, the parties hereto acknowledge and
agree that this Agreement contains the entire agreement of the parties and
supersedes all prior agreements or other arrangements by and between
PRG-Schultz and you with respect to compensation and benefits payable by
PRG-Schultz to you, including all of PRG-Schultz's payment obligations for
compensation set forth in any employment agreement between you and PRG-Schultz,
including that certain agreement dated December 20, 2001, and that such prior
agreements or arrangements with respect to compensation and benefits payable by
PRG-Schultz to you shall, upon the execution and delivery hereof by the parties
hereto, be null and void and of no force and effect whatsoever. No
understanding, agreement, representation, warranty, promise or inducement has
been made concerning the subject matter of this Agreement other than as set
forth in this Agreement, and each party enters into this Agreement without any
reliance whatsoever upon any understanding, agreement, representation, warranty
or promise not set forth herein.

This Agreement shall be binding upon and inure to the benefit of the parties
hereto, jointly and severally, and the past, present and future heirs,
executors, administrators, agents, employees, attorneys, affiliated persons and
entities, predecessors and successors in interest and assigns, regardless of
form, trustees in bankruptcy or otherwise, and any other representative or
entity acting on behalf of, pursuant to, or by virtue of the rights of each.

The parties to this Agreement, individually and collectively, shall be
responsible for their own attorneys' fees and costs, and for extinguishing any
attorneys' liens filed by their counsel of record.

The laws of the State of Georgia shall govern this Agreement, unless pre-empted
by any applicable federal law controlling the review of this Agreement. This
Agreement may be signed in counterpart originals with the same force and effect
as if signed in a single original document. Neither this Agreement nor any
provision of this Agreement may be modified or waived in any way except by an
agreement in writing signed by each of the parties hereto consenting to such
modification or waiver.

Please execute this letter agreement and have it notarized, and return the
original signed copy to me in the Atlanta office.

Sincerely,

/s/ Maria A. Neff
--------------------------------------
Maria A. Neff
Senior Vice President, Human Resources

Executed  this 15 day of November 2002

/s/ Andrew H. Schultz
--------------------------------------
Andrew H. Schultz

Executed this 15 day of November 2002

/s/ Sherry Ricamore
--------------------------------------
Notary Public

My commission expires: May 26, 2004<PAGE>
                                                                   EXHIBIT 10.65

                            FIRST AMENDMENT OF LEASE

         This FIRST AMENDMENT OF LEASE (this "Amendment") is entered into this
19th day of April, 2002, by and between GALLERIA 600, LLC ("Landlord") and
PRG-SCHULTZ INTERNATIONAL, INC. ("Tenant").

                              W I T N E S S E T H:

         WHEREAS, Landlord and Tenant have previously entered into that certain
Galleria Atlanta Office Lease Agreement dated February 18, 2002 (the "Lease")
with respect to space in Atlanta Galleria Office Tower No. 600, a multistory
office building located at 600 Galleria Parkway, Atlanta, Georgia 30339 (the
"Building"), such space (the "Premises") originally being identified as 107,016
rentable square feet of space on floors 1, 2, 3, 4 and 5 of the Building;

         WHEREAS, Tenant has elected to exercise Tenant's right to add the
entire 6th floor of the Building to the Premises in accordance with the
provisions preceding Paragraph 1 of the Lease; and

         WHEREAS, Landlord and Tenant desire to amend the Lease to reflect the
addition of the 6th floor of the Building to the Premises.

         NOW THEREFORE, in consideration of Ten and No/100 Dollars ($10.00)
and the mutual covenants hereinafter set forth, Landlord and Tenant agree as
follows:

         1.       All capitalized terms not otherwise defined herein shall have
the respective meanings ascribed to them in the Lease.

         2.       The Lease is hereby amended by deleting the indented
paragraph entitled "Premises:" set forth on page 1 of the Lease in its
entirety, and by inserting in lieu thereof the following new paragraph:

                  "Premises:      Atlanta Galleria-Office Tower No. 600
                                  600 Galleria Parkway
                                  Atlanta, Cobb County, Georgia
                                  Square Feet: 131,653
                                  Suite Numbers: 100, 200, 300, 400, 500 and 600
                                  Floor(s):   1st (8,565 square feet)
                                              2nd (24,540 square feet)
                                              3rd (24,637 square feet)
                                              4th (24,637 square feet)
                                              5th (24,637 square feet)
                                              6th (24,637 square feet)"

         3.       The Lease is hereby amended by deleting the second sentence
(including the rent chart) of paragraph 2(a) of the Lease in its entirety, and
by inserting in lieu thereof the following new sentence:

                  "The annual and monthly rental shall be as follows, based
                  upon the Premises containing 131,653 square feet of area
                  (and subject to adjustment to reflect the actual number
                  of square feet of area leased if the Premises do not
                  contain 131,653 square feet due to Tenant's election to
                  increase the size of the Premises pursuant to provisions
                  preceding Paragraph 1 of this Lease):

<Table>
<Caption>
                                      Rate per                                           Monthly
                  Lease               Rentable                 Annual                  Installment
                  Year               Square Foot               Rental                    of Rent
                  ------             -----------            -------------              -----------
                  <S>                <C>                    <C>                        <C>
                  One                  $10.00               $1,316,530.00              $109,710.83
                  Two                  $12.00               $1,579,836.00              $131,653.00
                  Three                $26.50               $3,488,804.50              $290,733.71
                  Four                 $27.16               $3,575,695.48              $297,974,62
                  Five                 $27.85               $3,666,536.05              $305,544.67
                  Six                  $28.55               $3,758,693.15              $313,224.43
                  Seven                $29.26               $3,852,166.78              $321,013.90
                  Eight                $29.99               $3,948,273.47              $329,022.79
                  Nine                 $30.74               $4,047,013.22              $337,251.10
                  Ten                  $31.51               $4,148,386.03              $345,698.84
                  Eleven               $32.30               $4,252,391.90              $354,365.99
                  Twelve               $33.11               $4,359,030.83              $363,252.57"
</Table>

<PAGE>

         4.  The Lease is hereby amended by deleting from Paragraph 2(c)(ii) of
the Lease the number "107,016," and by inserting in lieu thereof the number
"131,653."

         5.  The Lease is hereby amended by deleting the second page of Exhibit
"D" to the Lease in its entirety, and by inserting in lieu thereof the new
second page of Exhibit "D" to the Lease attached hereto as Item 1 and made a
part hereof.

         6.  The Lease is hereby amended by deleting the number "six (6)" from
Paragraph 8 of Exhibit "E" to the Lease, and by inserting in lieu thereof the
number "eight (8)."

         7.  The Lease is hereby amended by deleting the number "ten (10)" from
Paragraph 11 of Exhibit "E" to the Lease, and by inserting in lieu thereof the
number "twelve (12)."

         8.  The additional unpaid portion of the First Month's Rent in the
amount of Twenty Thousand Five Hundred Thirty and 83/100 ($20,530.83),
representing the difference between the amended First Month's Rent
($109,710.83) less the First Month's Rent previously paid by Tenant
($89,180.00), is due and payable upon execution of this Amendment by both
Tenant and Landlord.

         9.  Landlord and Tenant acknowledge and agree that the increase in the
size of the Premises reflected herein results from the exercise by Tenant of
Tenant's rights under the provisions preceding Paragraph 1 of the Lease. Tenant
shall have the continuing right to further increase the size of the Premises
pursuant to provisions, but Tenant shall have no right to decrease the
size of the Premises pursuant to such provisions.

         10. The Lease, as amended by this Amendment, is hereby ratified and
confirmed, and each and every provision, covenant, condition, obligation, right
and power contained in and under, or existing in connection with the Lease, as
amended by this Amendment, shall continue in full force and effect. This
Amendment is not intended to, and shall not be construed to, effect a novation,
and, except as expressly provided in this Amendment, the Lease has not been
modified, amended, canceled, terminated, surrendered, superseded or otherwise
rendered of no force and effect. The Lease, as amended by this Amendment, is
enforceable against the parties hereto in accordance with its terms.

         11. This Amendment shall bind and inure to the benefit of the parties
and their respective legal representatives, successors and assigns.

         12. This Amendment may be executed in a number of identical
counterparts, each of which for all purposes shall be deemed to be an
original, and the Lease, as amended by this Amendment, shall collectively
constitute but one agreement, fully binding upon, and enforceable against the
parties hereto. The Lease and this Amendment shall be construed together as a
single instrument.

         IN WITNESS WHEREOF, the parties hereto have hereinto set their hands
and seals the day and year first above written.

                              LANDLORD: GALLERIA 600, LLC

                              By: OTR, an Ohio general partnership, its
                                  manager

                              By: /s/ Matthew J. Vulanich
                                 -----------------------------------------------
                                 Name: Matthew J. Vulanich
                                 Title: Assistant Director, Portfolio Management

                              TENANT: PRG-SCHULTZ INTERNATIONAL, INC.

                              By: /s/ Donald E. Ellis, Jr.
                                 -----------------------------------------------
                                 Name: Donald E. Ellis, Jr.
                                 Title: Exec. VP & CFO

                              Attest: /s/ Carolyn S. Cook
                                     -------------------------------------------
                                     Name: Carolyn S. Cook
                                     Title: Exec. Asst.

                                              (CORPORATE SEAL)

                                      -2-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00048-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00048-of-00352.parquet"}]]