Exhibit 10.141

EXECUTION COPY

LOGO [g21873ex10_141pg1.jpg]

April 29, 2008

Cynthia L. Shereda

Comverse Technology, Inc.

810 Seventh Avenue

35th Floor

New York, NY 10019

Re: Amendment to the make-whole Deferred Stock Unit Award Agreement (the
“Deferred Stock Award Agreement”) dated as of October 15, 2007 between Comverse
Technology, Inc. (the “Company”) and Cynthia Shereda

Dear Cynthia:

The Compensation Committee of the Company’s Board of Directors has authorized
two amendments to the terms of the Deferred Stock Award Agreement. Upon your
execution of this letter amendment below, the Deferred Stock Award Agreement is
hereby amended as provided below:

1. Section 3(c) of the Deferred Stock Award Agreement is deleted in its entirety
and replaced with the following new Section 3(c) which shall read as follows:

“(c) Certain Terminations. In the event of Service Termination by the Company or
an Affiliate without Cause or by the Grantee for Good Reason or resulting from
the Grantee’s Disability or death, the Granted Units shall vest on the
Termination Date and the shares of Common Stock to be issued under the vested
Granted Units in accordance with Section 4 hereof shall be delivered to the
Grantee on the applicable Vesting Date.”

2. Section 4(a) of the Deferred Stock Award Agreement is amended by adding the
following as the last sentence of Section 4(a):

“Notwithstanding anything to the contrary contained in this Section 4(a), and
subject to Section 4(b), the number of shares of Common Stock deliverable to the
Grantee in respect of any Granted Units which vest in calendar year 2008 shall
be deliverable to the Grantee on the first date within the “short-term deferral
period” (as defined in Treasury Reg. §l.409A-l(b)(4)) on which there is an
Effective Registration (as defined below) in place, but in no event later than
March 15, 2009; provided, however, that in the event of the Grantee’s Service
Termination in accordance with Section 3(b) prior to March 15, 2009 and there is
no Effective Registration in place, the number of shares of Common Stock in
respect of any Granted Units which are vested as of the Termination Date shall
be delivered to the Grantee on the Termination Date, less a number of shares of
Common Stock with an aggregate value sufficient to cover any applicable
Withholding Tax, with the shares of Common Stock valued using the closing price
of the Common Stock on the

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Termination Date. For purposes of this Section 4, “Effective Registration” shall
mean the registration of the shares of Common Stock granted to the Grantee
hereunder pursuant to an effective registration statement on Form S-8 or any
successor form under the Securities Act of 1933, as amended, and no restrictions
under applicable law apply to the resale of such shares of Common Stock at the
time of delivery of such shares of Common Stock.”

Except as expressly herein amended, the terms and conditions of the Deferred
Stock Award Agreement shall remain in full force and effect.

 

COMVERSE TECHNOLOGY, INC. By:  

/s/ Andre Dahan

Name:   Andre Dahan Title:   President and Chief Executive Officer

 

Accepted and Agreed as of April 29, 2008:

/s/ Cynthia L. Shereda

Cynthia L. Shereda

 

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