EX-10.05
Published on June 13, 2001
EXHIBIT 10.05
[INTUIT LETTERHEAD]
April 6, 2001
Stephen M. Bennett
President and Chief Executive Officer
Intuit Inc.
P.O. Box 7850
Mountain View, CA 94039-7850
Re: Forgiveness of Loan Interest
Dear Steve:
This letter will confirm that on February 8, 2001, the Compensation
Committee of Intuit's Board of Directors decided to forgive the interest
payments that you otherwise would have been required to pay on or before
September 30, 2001 under your $4,750,000 promissory note to Intuit dated
February 17, 2000.
Very truly yours,
/s/ Greg J. Santora
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Greg J. Santora
Chief Financial Officer