SEC Contract Filing

Filing Date: 2018-11-08

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>dbd9302018ex102.htm
<DESCRIPTION>EX-10.2
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<div><a name="se9af2d6b6c7b4b41b5a3c23e8b9ea6c2"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">EXHIBIT 10.2</font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-top:4px;text-align:left;padding-left:210px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">CONSULTING AGREEMENT</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-top:13px;text-align:justify;padding-left:12px;text-indent:46px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">THIS CONSULTING AGREEMENT (the "Agreement"), is made and entered into as of October 1, 2018 by and between </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Diebold Nixdorf, Incorporated, </font><font style="font-family:inherit;font-size:11pt;">an Ohio corporation (together with its successors and assigns permitted under this Agreement, the "Company"), and </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Christopher Chapman </font><font style="font-family:inherit;font-size:11pt;">("Chapman").</font></div><div style="line-height:120%;padding-top:0px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:13px;text-indent:44px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">WHEREAS, Chapman served as the Chief Financial Officer of the Company until October 1, 2018 (the "End Date");</font></div><div style="line-height:120%;padding-top:0px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:10px;text-indent:46px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">WHEREAS, in connection with his separation from employment with the Company, the Company and Chapman agree that Chapman will provide services as an independent contractor on a transition basis through January 15, 2019 and enter into this Agreement to set forth the terms and conditions upon which those services wil1 be provided;</font></div><div style="line-height:120%;padding-top:0px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:10px;text-indent:45px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">NOW, </font><font style="font-family:inherit;font-size:11pt;">THEREFORE, in consideration of the premises and mutual covenants contained herein and for other good and valuable consideration, the receipt of which is mutually acknowledged, the Company and Chapman (individually a "Party" and together the "Parties") agree as follows:</font></div><div style="line-height:120%;padding-top:13px;text-align:left;padding-left:10px;font-size:13pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Article I</font><font style="font-family:inherit;font-size:13pt;font-weight:bold;">.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Responsibilities.</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;padding-left:8px;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">From October 2, 2018 (the "Start Date") through and including January 15, 2019 (the "Term"), Chapman shall advise and assist in the transition following his departure by providing support to the finance and accounting teams as requested. Chapman shall report to and receive instruction from the Chief Financial Officer (including any Interim Chief Financial Officer) and, unless otherwise directed, shall provide all support through Chief Financial Officer (including any Interim Chief Financial Officer). During the Term, Chapman shall devote his business time and attention to providing these transition services and shall use his best efforts, skills, and abilities to promote the Company's interests. Chapman shall work remotely unless otherwise requested by Chief Financial Officer (including any Interim Chief Financial Officer). During the Tem1. Chapman will render services of no more than twenty percent (20%) of the average level of services Chapman provided to the Company over the thirty-six (36) month period immediately preceding the Start Date; and, therefore, will have a "separation from service" within the meaning of Internal Revenue Code Section 409A on the End Date.</font></div><div style="line-height:120%;padding-top:0px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.1 &#160;&#160;&#160;&#160;Payment.</font></div><div style="line-height:12