Exhibit 10.1

NINTH AMENDMENT TO EMPLOYMENT AGREEMENT

          This Ninth Amendment to the Employment Agreement is effective the 17th
day of November, 2006 (the “Ninth Amendment”), by and between MICROS SYSTEMS,
INC., a Maryland corporation, with offices located at 7031 Columbia Gateway
Drive, Columbia, Maryland 21046-2289 (hereinafter referred to as the “Company”),
and A. L. GIANNOPOULOS, whose address is 7031 Columbia Gateway Drive, Columbia,
Maryland 21046-2289 (hereinafter referred to as the “Executive”).

          WHEREAS, the Executive and the Company entered into an Employment
Agreement dated June 1, 1995, as amended (the agreement as amended is
hereinafter referred to as the “Agreement”); and

          WHEREAS, the parties hereto would like to amend the Agreement pursuant
to this Ninth Amendment in an effort to induce the Executive to continue to
render services to the Company for an extended term.

          NOW, THEREFORE, the Company and the Executive, for good and valuable
consideration, and pursuant to the terms, conditions, and covenants contained
herein, hereby agree as follows:

1.  Section 3 of the Agreement, captioned “Term”, shall be deleted in its
entirety and the following new language inserted in lieu thereof:

“The term of this Agreement shall commence upon the day and year first above
written (“Commencement Date”) and shall continue until June 30, 2011, unless
sooner terminated, as provided herein.”

2.  Section 4 of the Agreement, captioned “Salary”, is amended by appending to
the existing salary chart the following new rows:

Period

 

Salary

 

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July 1, 2009 through June 30, 2010

 

$

2,000,000

 

July 1, 2010 through June 30, 2011

 

$

2,000,000

 

3.  Section 5 of the Agreement, captioned “Bonuses”, is amended by appending to
the existing bonus chart the following new rows:

Fiscal Year Ending

 

Target Bonus

 

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June 30, 2010

 

$

900,000

 

June 30, 2011

 

$

900,000

 

4.  The first paragraph of Section 16(c)(3) of the Agreement shall be deleted in
its entirety and the following new language inserted in lieu thereof:

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“Payment Upon Termination By The Company.  If the Company terminates the
Executive’s employment for any reason other than Good Cause, the Executive shall
be entitled to receive from the Company and the Company shall pay to the
Executive in one lump sum, within fifteen (15) days following the Executive’s
termination of employment, all of the salary and Target Bonus payments provided
for in Sections 4 and 5 of this Agreement for the period beginning on the date
of the Executive’s termination of employment and ending on June 30, 2011.”

5.        The first paragraph of Section 16(c)(4) of the Agreement shall be
deleted in its entirety and the following new language inserted in lieu thereof:

 

“Payment Upon Termination By The Executive. If the Executive terminates his
employment with the Company for Good Reason, other than Good Reason described in
Section 16(a)(3)a), he shall be entitled to receive from the Company and the
Company shall pay to the Executive in one lump sum, within fifteen (15) days
following the date of the Executive’s termination of employment, all of the
salary and Target Bonus payments provided for in Sections 4 and 5 of this
Agreement for the period beginning on the date of the Executive’s termination
and ending on June 30, 2011.  If the Executive terminates his employment with
the Company for the Good Reason described in Section 16(a)(3)a), then and in
such event, he shall be entitled to receive from the Company and the Company
shall pay to the Executive in one lump sum, within fifteen (15) days following
the date of the Executive’s termination of employment, an amount equal to the
lesser of (i) all of the salary and Target Bonus payments provided for in
Sections 4 and 5 of this Agreement for the period beginning on the date of the
Executive’s termination and ending on June 30, 2011, or (ii) all of the salary
and Target Bonus payments provided for in Sections 4 and 5 of this Agreement for
the period commencing on the date of the Executive’s termination and ending on
the third anniversary of the date of the Executive’s termination.”

6.        All other provisions of the Agreement shall remain in full force and
effect.

IN WITNESS WHEREOF, the parties have executed this Ninth Amendment as of the
dates indicated below, the effective date of this Ninth Amendment being the 17th
day of November, 2006.

 

 

COMPANY:

 

 

ATTEST:

 

MICROS SYSTEMS, INC.

 

 

 

 

 

 

 

 

 

 

By:

 

 

(SEAL)

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Louis M. Brown, Jr.

 

 

 

 

 

Vice Chairman

 

 

[Corporate Seal]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXECUTIVE:

 

 

WITNESS:

 

 

 

 

 

 

 

 

 

 

 

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A. L. GIANNOPOULOS

 

 

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