Exhibit 10.2

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December 23, 2009

Michael Piraino

VIA ELECTRONIC MAIL

Dear Michael:

We are pleased to offer you the following position with Accelrys, Inc. (the
“Company”). It is our hope that you will become a part of our exciting and
innovative organization. The following will confirm the terms of our offer of
employment to you:

Position/Location: You will assume the position of Accelrys’ Senior Vice
President and Chief Financial Officer reporting to the Company’s Chief Executive
Officer. This position is based in our San Diego headquarters and will require
your relocation to the San Diego area. Prior to your relocation to San Diego you
will commute to our headquarters with regularity. Reasonable lodging expenses in
connection with such commute will be reimbursed by the Company.

Compensation: Your compensation in the above position will include an annual
base salary of $300,000.00, less applicable withholdings, paid during the
Company’s regular payroll periods. In addition, you will be eligible to
participate in our Management Incentive Plan (the “Plan”) designed to allow you
to earn initially up to an additional 50% at plan of your annual base salary in
incentive compensation upon achievement of corporate performance objectives as
determined by the Board. For fiscal year 2010, your bonus will be pro-rated for
the number of months during the fiscal year during which you were employed by
the Company.

Employment: As the Chief Financial Officer of the Company, you will be eligible
to participate in our comprehensive employee benefits package, including health,
disability and life insurance; participation in our 401(k) retirement savings
plan; and vacation benefits. You will also be eligible for any other benefits
provided to our senior executives including long term care and enhanced life and
long term disability insurance benefits.

Equity Award: We are recommending to the Human Resources Committee of the Board
of Directors (“Committee”) that you receive a non-qualified option to purchase
125,000 shares of common stock. The stock option will be priced as of the date
of your commencement of employment (the “Vesting Commencement Date”) and shall
vest as follows: 1/4 of the stock underlying the option shall vest on the one
year anniversary of the Vesting Commencement Date and 1/48th of the stock
underlying the option shall vest monthly thereafter so that the option shall be
fully vested four years from the Vesting Commencement Date. We are also
recommending to the Committee that you be awarded 60,000 restricted stock units.
1/3 of the stock underlying the units will vest upon the first anniversary of
your Vesting Commencement Date; another 1/3 will vest on the second anniversary
of your Vesting Commencement Date and the final 1/3 will vest on the third
anniversary of your Vesting Commencement Date. All equity awards contemplated by
this paragraph will be issued pursuant to the Company’s 2004 Stock Incentive
Plan.

Accelrys reviews all executives after the close of each fiscal year. Among other
matters, it considers the award of additional equity, based on performance and
other factors as determined by the Committee. You will be eligible for review
under this program, with any recommendation subject to the approval of the
Committee at its discretion.

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Employment Agreement: Concurrently herewith the Company is providing you with an
employment agreement setting forth the terms of your employment.

Relocation Terms/Legal Review Fees: Accelrys Inc. will agree to pay for
reasonable and customary expenses associated with your relocation to the San
Diego area, up to a maximum of $125,000, upon your acceptance of this offer and
commencement of your employment with us. Relocation expenses must be approved in
advance and can include but not be limited to the following items:

 

  •  

The packing and moving of your household goods.

 

  •  

Temporary living expenses.

 

  •  

Travel costs associated with your personal move to San Diego.

 

  •  

Closing costs associated with the sale of your existing Orange County home and
purchase of a home in San Diego within 12 months of your commencement of
employment with us.

To the extent that any reimbursable relocation expenses would constitute taxable
income to you, such amounts will paid within thirty days of the receipt of a
written reimbursement request and all supporting invoices and documentation, but
in no event later than March 15, 2011

Please note that should you voluntarily terminate your employment with the
company (without “Good Reason” as defined in your employment agreement) prior to
2 years from the date of your relocation to San Diego, as defined by final
payment of relocation related expenses, you must repay to the company all monies
paid to you or on your behalf in conjunction with your relocation.

The Company will also reimburse up to $2,500 in customary and reasonable legal
expenses incurred in review of this offer letter and your employment agreement.

Confidentiality: As with all our employees, you will be required to execute and
be bound by the Company’s Invention and Non-Disclosure Agreement which you will
find enclosed for your review and execution prior to your commencement of
employment with the Company.

Proposed Start Date: We would appreciate your acceptance of our offer by
execution of the accompanying employment and confidentiality/invention
assignment agreements, with an agreed upon start date of January 5, 2010.

I look forward to your joining the Accelrys Inc. team and your involvement in
what we are confident represents an exciting and professionally rewarding
venture.

 

Accelrys, Inc. By:  

/s/    Max Carnecchia

  Max Carnecchia   President and Chief Executive Officer   Accelrys, Inc.