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Exhibit 10.154
 
AMENDMENT NO. 1
TO PERFORMANCE UNIT AWARD AGREEMENT

This Amendment No. 1 (“Amendment”), dated as of June 16, 2013, to the
Performance Unit Award Agreement (“Agreement”), footed with “PU Covisint Revenue
162m,” dated as of December 7, 2009, between Compuware Corporation, a Michigan
corporation (the “Corporation”), and [Recipient Name] (“Award”).

WHEREAS, the Award was granted pursuant to the Compuware Corporation 2007 Long
Term Incentive Plan (the “Plan”);

WHEREAS, the Compensation Committee of the Board desires to amend the Agreement
pursuant to Section 10.6(b) of the Plan.

NOW, THEREFORE, the Agreement is hereby amended as follows:

3.             Section 2(a) Vesting and Forfeiture of the Agreement is amended
and restated in its entirety as follows:

“As long as the Recipient continues to be employed by the Corporation, the Units
shall become vested and non-forfeitable on August 26, 2015 if Covisint
Corporation (“Covisint”) has recognized total organic revenue on a US GAAP basis
exceeding $150 million for any four consecutive completed calendar quarters
prior to August 26, 2015. Notwithstanding the foregoing, the entire Units Award
shall become immediately vested and non-forfeitable in the event that the
Recipient ceases to be employed by the Corporation due to Recipient’s death or
Disability, upon a Change in Control of the Corporation, as defined in the Plan.

4.             Section 2(b) Vesting and Forfeiture of the Agreement is amended
and restated in its entirety as follows:

“To the extent not previously vested, the Units will be cancelled on the earlier
of (i) the closing date of an Initial Public Offering, (ii) the date on which a
change in control of Covisint occurs or (iii) on August 26, 2015 if the criteria
for vesting stipulated in 2(a) above are not met. For purposes of this
Agreement, “Initial Public Offering” means the initial sale of shares of
Covisint common stock to the public by Covisint or by the Corporation after the
date hereof pursuant to a registration statement under the Securities Act which
has been declared effective by the Securities and Exchange Commission (other
than a registration statement on Form S-4 or Form S-8) if, immediately following
the closing of such sale, shares of the Common Stock are registered under
Section 12(b) or 12(g) of the Exchange Act or would be required to be so
registered if the date immediately following the closing were the last day of
Covisint’s fiscal year.  A “change of control of Covisint” means the closing or
effectiveness of an acquisition of Covisint by a third party, regardless of the
form of the acquisition, provided, however, that an Initial Public Offering of
Covisint or an acquisition of the Corporation shall not constitute a “change of
control of Covisint” for purposes of this Agreement.”

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly
executed, all as of the day and year first above written.

 
RECIPIENT
 
 
 
 
 
 
 
 
 
[Recipient Name]
 
 
 
COMPUWARE CORPORATION
 
 
 
 
By:
 
 
 
 
 
 
[officer]
 
 
Its:  [title]

 
 

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