EXHIBIT 10.26

                                    CONTRACT


This  contract  between Dr.  Robert M.  Oliver  ("Oliver")  and Fair,  Isaac and
Company, Incorporated (the "Company"), is entered into in light of the following
facts:

         1.       Oliver was elected  Chairman pro tem of the Company's Board of
                  Directors on November  21, 1995,  and Chairman of the Board on
                  January 29, 1996; and

         2.       The  Company  desires  to  make  use of  Oliver's  skills  and
                  experience  in various  matters for so long as Oliver  remains
                  Chairman of the Company's Board of Directors.

THEREFORE, the parties have agreed as follows:

         1.       Oliver  agrees  to  make  himself  available  to  the  Company
                  approximately  half-time (1,000 hours per year) for so long as
                  he remains Chairman of the Company's Board of Directors.

         2.       The  Company  agrees to pay Oliver at the rate of  $100,000.00
                  per  year,  payable  quarterly  in  arrears  for his  services
                  hereunder,  and to reimburse Oliver for out-of-pocket expenses
                  incurred for the benefit of the Company in accordance with the
                  same expense reimbursement  guidelines applicable to employees
                  of the Company.  Reimbursement for expenses will be made after
                  submission of an expense report and appropriate documentation.
                  In addition to the above amounts, the Company shall pay Oliver
                  the  sum  of  $2,000.00  for  each  meeting  of its  Board  of
                  Directors which he attends while Chairman.

         3.       Oliver and the  Company  agree  that,  should his work for the
                  Company  exceed  1,000 hours per year,  compensation  for such
                  additional work shall be subject to mutual agreement of Oliver
                  and the Company.

         4.       The term of this agreement shall begin on January 1, 1996, and
                  shall  continue  indefinitely  until (a) it is  terminated  by
                  either  party on 60 days'  written  notice to the  other,  (b)
                  Oliver  resigns  from or is not  re-elected  to the  Company's
                  Board of  Directors,  or (c)  another  person  is  elected  as
                  Chairman  of  the  Company's   Board  of  Directors.   Nothing
                  contained   herein  shall  be  construed  as  constituting  an
                  agreement  that Oliver  shall be  nominated  or elected to the
                  Company's  Board of  Directors  or elected as Chairman of said
                  Board.







         5.       It is understood  that this contract  requires the approval of
                  the  disinterested  Directors of the Company.  Notwithstanding
                  the  foregoing,  the Company shall in any event pay Oliver the
                  amounts  due  hereunder  for the period  from  January 1, 1996
                  through June 30, 1996.

Dated as of April 2, 1996.

Fair, Isaac and Company Incorporated


By: /s/  PETER L. MCCORKELL
    ----------------------------------
         Peter L. McCorkell
Its Senior Vice President and Secretary



    /s/  ROBERT M. OLIVER
    ----------------------------------
         Robert M. Oliver