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Employment Agreement - Carreker-Antinori Inc. and Royce Brown

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                              EMPLOYMENT AGREEMENT

     This EMPLOYMENT AGREEMENT (this "AGREEMENT") is entered into on this 13th
day of March 1998 between Carreker-Antinori, Inc., a Texas corporation (the
"COMPANY"), and Royce Brown ("MR. BROWN").


     This Agreement sets forth in definitive form the terms of Mr. Brown's
employment by the Company.

     NOW, THEREFORE, in consideration of the foregoing and the mutual
agreements of the parties contained herein, the Company and Mr. Brown hereby
agree as follows:

     1.   EMPLOYMENT.  The Company will employ Mr. Brown and Mr. Brown
accepts employment with the Company for a period of three years beginning on
the date of this Agreement (the "INITIAL PERIOD").  Mr. Brown's employment
may continue after the Initial Period but will then be terminable by either
party at will, with or without cause.  The obligations of the Company and Mr.
Brown set forth in that certain "Noncompetition, Property Rights and Trade
Secrets Agreement" and in that certain "Confidentiality Agreement" (each as
defined in Section 8) (referring to noncompetition, intellectual property
rights and confidentiality, respectively) and in Section 9 (referring to
termination) will survive termination of Mr. Brown's employment, regardless
of reason.

     2.   RESIDENCE AND BUSINESS TRAVEL.  Each of the parties agrees that the
primary location at which Mr. Brown will be expected to render services
hereunder will be in Dallas, Texas or its environs, but that Mr. Brown will,
from time to time, be expected to travel to other locations where the Company
transacts (or proposes to transact) business and undertake such other
business travel as is reasonably required in the discharge of his duties set
forth below and for the successful operation of the Company.

     3.   DUTIES.  As of the date of this Agreement, Mr. Brown is employed as
Executive Vice President and Managing Director - Payment Systems Group of the
Company, reporting to the President and Chief Operating Officer of the
Company. In such capacity, Mr. Brown shall be responsible for the
performance, management, supervision and function of the Payment Systems
Group of the Company.   

     Mr. Brown agrees that, to the best of his ability and experience, he
will at all times conscientiously (a) perform the foregoing duties and
responsibilities, or such other or additional duties and responsibilities,
and/or (b) hold such other or additional offices, as in either case may be
assigned to him from time to time by the Company's Chief Executive Officer,
the Company's President and Chief Operating Officer or the Company's Board of

     In discharging his duties, Mr. Brown shall have such authority as is
reasonably necessary to perform such duties. 


     4.   FULL-TIME EMPLOYMENT.  Mr. Brown's employment will be on a
full-time basis, in accordance with policies of the Company applicable to
executive officers.  In addition to such restrictions as are set forth in the
Noncompetition, Property Rights and Trade Secrets Agreement referenced
herein, Mr. Brown will not engage in any other business or render any
commercial or professional services, directly or indirectly, to any other
person or organization, whether for compensation or otherwise, provided that
Mr. Brown may (a) provide incidental assistance to family members on matters
of family business or with respect to their personal investments; (b) engage
in charitable activities on behalf of civic, educational or other nonprofit
organizations; and (c) subject to the approval of the Company's Chief
Executive Officer (which approval may be given or withheld in his or her sole
discretion), sit on the board of directors of corporations and other business
organizations; provided in each case that such activities do not conflict
with or interfere with Mr. Brown's obligations to the Company.  Mr. Brown may
make personal investments in non-publicly traded corporations, partnerships
or other entities that are not engaged in any business activities competitive
with the Company. Notwithstanding anything to the contrary contained in this
Agreement, Mr. Brown may make personal investments in publicly traded
corporations regardless of the business they are engaged in, provided that
Mr. Brown does not at any time own in excess of two percent (2%) of any class
of the issued and outstanding equity securities of any such corporation.

Brown's annual base salary for the Initial Period will be not less than
$240,000.  All base salary will be payable on the Company's regular payroll
dates, less required withholdings.

     If the Company's financial performance meets or exceeds the standards
for financial performance established for a fiscal year by the Company's
Board of Directors (i.e., the Company's "board plan"), then Mr. Brown will be
eligible to receive, subject to such reasonably achievable incentive
compensation criteria as the Company's Board of Directors establishes from
time to time, incentive compensation (which may be in cash or other forms of
consideration, or both) of up to seventy percent (70%) of Mr. Brown's annual
base salary on terms no less favorable than those applicable to other
executive officers of the Company (e.g., its Chairman, Vice-Chairman, Chief
Executive Officer and Chief Financial Officer).  Mr. Brown acknowledges that
the Company's Board of Directors has complete and sole discretion to
establish and revise the Company's "board plan" and such reasonably
achievable criteria; PROVIDED, HOWEVER, that no such action may retroactively
alter or limit the amount of any incentive compensation actually and
previously earned by Mr. Brown. 

     The Company, acting through its Chief Executive Officer or its Chief
Operating Officer and President or his or her respective designee, shall
provide to Mr. Brown, and provide Mr. Brown the opportunity to participate
in, an employment performance review not less frequently than annually.

     6.   BENEFITS.  Mr. Brown will also be entitled to insurance, vacation
and other employee benefits commensurate with his position (and reasonably
consistent with the level of such benefits as are afforded other executive
officers of the Company) in accordance with the Company's policies in effect
from time to time with respect to executive officers.  Mr. Brown


acknowledges receipt of a summary of the Company's employee benefits policies
in effect as of the date of this Agreement.

accordance with the Company's policies in effect from time to time, reimburse
Mr. Brown for all out-of-pocket reasonable business expenses incurred by Mr.
Brown in connection with the performance of his duties under this Agreement,
upon submission of the required documentation required pursuant to the
Company's standard policies and record-keeping procedures.

     8.   INTELLECTUAL PROPERTY.  Simultaneously with the execution of this
Agreement, Mr. Brown agrees to execute and deliver (if he has not done so
already) that certain Noncompetition, Property Rights and Trade Secrets
Agreement between him and the Company, a copy of which is attached to this
Agreement as ATTACHMENT A, and that certain Confidentiality Agreement between
him and the Company, a copy of which is attached to this Agreement as

     9.   TERMINATION.

          (a)  BY THE COMPANY.  Notwithstanding Section 1, the Company may
terminate Mr. Brown's employment at any time during the Initial Period, with
or without cause, upon written notice to Mr. Brown.

          (b)  BY MR. BROWN.  During the Initial Period, Mr. Brown may
terminate his employment upon written notice to the Company only if the
Company is in material breach of this Agreement; PROVIDED, HOWEVER, that such
termination will become effective only upon the expiration of 30 days
following such notice and then only if the breach remains uncured as of the
effective time of such termination.  Such termination shall be deemed a
termination by the Company of Mr. Brown's employment under Section 9(a),
without cause, for which Mr. Brown shall have the remedy set forth in Section

          (c)  REMEDY.  Upon termination of Mr. Brown's employment during the
Initial Period without cause pursuant to Section 9(a), or pursuant to Section
9(b), only, (at which time he shall cease to be an employee of the Company
for all purposes), the Company will (i) thereafter pay to Mr. Brown on the
Company's regular payroll dates and less required withholdings, base salary
(but not bonuses or other incentive compensation, for periods before or after
such termination) at the rate paid to Mr. Brown immediately prior to such
termination for the remaining balance of the Initial Period; and (ii) provide
Mr. Brown, for a period coterminous with such payments, with major medical
health and dental insurance reasonably comparable to employee insurance
benefits then provided to the Company's executive officers in accordance with
the Company's employee insurance benefits policies.

     If the Company terminates Mr. Brown's employment with cause, or if Mr.
Brown terminates his employment in circumstances constituting a breach by him
of this Agreement, then none of the foregoing post-termination payments or
insurance benefits, or any other post-termination or severance payments or
benefits, shall be made or provided to Mr. Brown.


     For purposes of this Agreement, the term "cause" shall mean conduct
involving one or more of the following as determined by the Company in its
reasonable discretion:  (i) the substantial, material and continuing failure
of Mr. Brown, after reasonable notice thereof, to render services to the
Company or any subsidiary in accordance with the terms or requirements of
this Agreement; (ii) disloyalty, gross negligence, willful misconduct,
dishonesty or breach of fiduciary duty to the Company or any subsidiary that
results in direct or indirect material loss, damage or injury to the Company
or any subsidiary; (iii) the commission of an act of embezzlement or fraud;
(iv) deliberate disregard of the rules or policies of the Company that
results in direct or indirect material loss, damage or injury to the Company
or any subsidiary; (v) the unauthorized and intentional disclosure of any
trade secret or confidential information of the Company or any subsidiary;
(vi) the commission of an act that constitutes unfair competition with the
Company or any subsidiary or which induces any customer or supplier to
terminate a contract with the Company or any subsidiary, that results in
direct or indirect material loss, damage or injury to the Company or any
subsidiary; (vii) habitual drunkenness or an addiction to drugs; or (viii)
commission of a crime of moral turpitude.

     The Company's obligation to make payments (and provide insurance
benefits), if any, pursuant to this Section 9(c) is subject to the condition
that Mr. Brown execute and deliver to the Company a comprehensive, general
release of the Company (and its directors, officers, shareholders, employees,
agents and other representatives), in form satisfactory to the Company and
its counsel, releasing the Company from and against any claims, damages and
the like that the Company might or allegedly could otherwise be obligated to
pay Mr. Brown as a result of the termination of Mr. Brown's employment with
the Company (including for claims of employment discrimination, wrongful
termination or breach of this Agreement).

          (d)  UPON DEATH.  Except as otherwise provided for in this
Agreement, if Mr. Brown dies during the term of this Agreement, then the
Company will pay his estate an amount equal to all earned and unpaid salary,
bonuses (if any) accrued and payable and accrued benefits, all as of the date
of his death.

          (e)  SURVIVAL.  Mr. Brown's and the Company's obligations under
Sections 8, 9 and 10(h) of this Agreement and, to the extent that any
allowable expenses have not been reimbursed as of the time of such
termination, under Section 7 of this Agreement, will survive the termination
of Mr. Brown's employment with the Company.


          (a)  NOTICES.  Any and all notice permitted or required to be given
under this Agreement must be in writing.  Notices will be deemed given (i)
when personally received or when sent by facsimile transmission (to the
receiving party's facsimile number), (ii) on the first business day after
having been sent by commercial overnight courier with written verification of
receipt, or (iii) on the third business day after having been sent by
registered or certified mail from a location on the United States mainland,
return receipt requested, postage prepaid, whichever occurs first, at the
address set forth below or at any new address, notice of which will have been
given in accordance with this Section 10(a):


(i)  If to the Company:       Carreker-Antinori, Inc.
                              14001 North Dallas Parkway, Suite 1100
                              Dallas, Texas 75240
                              Attention: Chief Executive Officer
                              Phone: (972) 458-1981
                              Fax: (972) 458-2567

                              with a copy to:

                              Locke Purnell Rain Harrell
                              (A Professional Corporation)
                              2200 Ross Avenue, Suite 2200
                              Dallas, Texas 75201
                              Attention: Russell F. Coleman
                              Phone: (214) 740-8686
                              Fax: (214) 740-8800

(ii) If to Mr. Brown:         Royce Brown
                              2512 Rotland  
                              Plano, Texas 75023
                              Phone: (972) 618-1598
                              Fax: (   )    -

                              with a copy to:


                              Phone: (   )    -  
                              Fax: (   )     -  
          (b)  AMENDMENTS.  This Agreement, including the Attachments hereto,
contains the entire agreement and supersedes and replaces all prior
agreements between the Company and Mr. Brown concerning Mr. Brown's
employment and employment benefits.  (PROVIDED, HOWEVER, that this Agreement
does not so supersede or replace any (i) agreements with respect to stock
options previously granted to Mr. Brown or (ii) agreements between Mr. Brown
and the Company, or among Mr. Brown, the Company and others, establishing
rights of first refusal and/or similar rights with respect to such stock.) 
This Agreement may not be changed or modified in whole or in part except by a
writing signed by the party against whom enforcement of the change or
modifications is sought.

          (c)  SUCCESSORS AND ASSIGNS.  This Agreement will not be assignable
by either Mr. Brown or the Company, except that the rights and obligations of
the Company under this Agreement may be assigned to a corporation which
succeeds the Company as the result of a


merger or other corporate reorganization and which continues the business of
the Company, or a subsidiary of the Company, provided that the Company
guarantees the performance by such assignee of the Company's obligations

          (d)  GOVERNING LAW.  The laws of the State of Texas (without regard
to its choice of law principles that might apply the law of another
jurisdiction) will govern the validity of this Agreement, the construction of
its terms, and the interpretation and enforcement of the rights and duties of
the parties.

          (e)  NO WAIVER.  The failure of any party to enforce any of the
provisions of this Agreement will not be construed to be a waiver of the
right of such party thereafter to enforce such provisions.  The waiver by any
party of the right to enforce any of the provisions of this Agreement on any
occasion will not be construed to be a waiver of the right of such party to
enforce such provisions on any other occasion.

          (f)  SEVERABILITY.  Mr. Brown and the Company recognize that the
limitations contained in this Agreement are reasonably and properly required
for the adequate protection of the interests of the Company.  If for any
reason a court of competent jurisdiction or an arbitrator in a binding
arbitration proceeding finds any provision of this Agreement, or the
application thereof, to be unenforceable, then the remaining provisions of
this Agreement will be interpreted so as best to reasonably effect the intent
of the parties.  The parties further agree that the court or arbitrator shall
replace any such invalid or unenforceable provisions with valid and
enforceable provisions designed to achieve, to the extent possible, the
business purposes and intent of such unenforceable provisions.

          (g)  COUNTERPARTS.  This Agreement may be executed in counterparts,
each of which will be an original as regards any party whose signature
appears thereon and all of which together will constitute one and the same
instrument. This Agreement will become binding when one or more counterparts
hereof, individually or taken together, bear the signatures of both parties
reflected hereon as signatories.

          (h)  DISPUTE RESOLUTION.

               (i)    ARBITRATION OF DISPUTES.  Any dispute under this
Agreement shall be resolved by arbitration in Dallas, Texas and, except as
herein specifically stated, in accordance with the commercial arbitration
rules of the American Arbitration Association ("AAA RULES") then in effect,
except that depositions and documentary discovery shall be freely permitted. 
However, in all events, these arbitration provisions shall govern over any
conflicting rules that may now or hereafter be contained in the AAA Rules. 
Any judgment upon the award rendered by the arbitrator may be entered in any
court having jurisdiction over the subject matter thereof.  The arbitrator
shall have the authority to grant any equitable and legal remedies that would
be available in any judicial proceeding instituted to resolve such dispute,
and may, in his or her discretion, award attorneys' fees, expenses and costs.

               (ii)   COMPENSATION OF ARBITRATOR.  Any such arbitration will
be conducted before a single arbitrator who will be compensated for his or
her services at a rate to be


determined by the parties or by the American Arbitration Association, but
based upon reasonable hourly or daily consulting rates for the arbitrator if
the parties are not able to agree upon his or her rate of compensation.

               (iii)  SELECTION OF ARBITRATOR.  The American Arbitration
Association will have the authority to select an arbitrator from a list of
arbitrators who are lawyers familiar with Texas contract law; PROVIDED,
HOWEVER, that such lawyers cannot work for a firm then performing services
for either party, that each party will have the opportunity to make such
reasonable objection to any of the arbitrators listed as such party may wish
and that the American Arbitration Association will select the arbitrator from
the list of arbitrators as to whom neither party makes any such objection. 
If the foregoing procedure is not followed, then each party will choose one
person from the list of arbitrators provided by the American Arbitration
Association (provided that such person does not have a conflict of interest),
and the two persons so selected will select from the list provided by the
American Arbitration Association the person who will act as the arbitrator.

               (iv)   PAYMENT OF COSTS.  Subject to the last sentence of
Section 10(h)(i) above, the Company and Mr. Brown will each pay 50% of the
initial compensation to be paid to the arbitrator in any such arbitration and
50% of the costs of transcripts and other normal and regular expenses of the
arbitration proceedings.

               (v)    BURDEN OF PROOF.  For any dispute submitted to
arbitration, the burden of proof will be as it would be if the claim were
litigated in a Texas judicial proceeding.

               (vi)   AWARD.  Upon the conclusion of any arbitration
proceedings hereunder, the arbitrator will render findings of fact and
conclusions of law and a written opinion setting forth the basis and reasons
for any decision reached and will deliver such documents to each party to
this Agreement along with a signed copy of the award.

               (vii)  TERMS OF ARBITRATION.  The arbitrator chosen in
accordance with these provisions will not have the power to alter, amend or
otherwise affect the terms of these arbitration provisions or the provisions
of this Agreement.

               (viii) NATURE OF REMEDY.  Except as specifically otherwise
provided below, arbitration will be the sole and exclusive remedy of the
parties for any dispute arising out of this Agreement.

               (ix)   EQUITABLE REMEDY.  Notwithstanding the provisions of
this Section 10(h) and the arbitration provided for herein, actions initiated
or maintained by the parties for injunctive or similar equitable relief are
not subject to arbitration, and may be brought by the parties in any court
that has jurisdiction, and, should the party bringing any such action
prevail, all costs and expenses (including legal fees) shall be borne by the
party against whom such action was brought.



     IN WITNESS WHEREOF, the parties have executed this Agreement to be
effective as of the date first set forth above.


By:  /s/ J.D. Carreker                  /s/ Royce Brown
     ----------------------------       ----------------------------
     J.D. Carreker                      Royce Brown
     Chairman of the Board and
     Chief Executive Officer