**Exhibit 10.13**

 

 
|                 | Versant  Corporation   |
|----------------------|------------------------|
|                 |                   |
| June 26,  2000       | 6539 Dumbarton  Circle |
|                 |                   |
|                 | Fremont, CA  94555     |
|                 |                   |
| Mr. Lee  McGrath     | (510)789-1500  main    |
| 370 Pismo  Terrace   |                   |
| Suhnyvale,  CA 94086 | (510)  789-1515 fax    |

 

Dear Lee:

 

We are pleased to offer you thefull-time position with Versant Corporation as Vice President, Finance &Administration and Chief Financial Officer, reporting to Nick Ordon, President& Chief Executive Officer.  Yourinitial base salary will be $13,333.33 per month (annualized at $160,000.00),which will be paid semi-monthly.  Youwill also be eligible for a $32,000.00 bonus, based on performance objectives,which will be established with you within 30 days after your start date, andthe bonus will be earned during the last half of calendar year 2000 and paid inJanuary 2001.

 

The Company offers medical,dental, long term disability, life, flex, vision, ESPP and 401(k)benefits.  If you have any questionsabout these benefits, please contact or email Robin Steckhahn atrobin@versant.com.  You will also accruevacation time at 3 weeks per year commencing your first year of employment.

 

You will be granted an optionto purchase 70,000 shares of Versant Corporation common stock under the currentstock option program subject to Board of Director’s approval.

 

I hope that you will be able tomake a commitment as soon as possible and begin your employment with VersantCorporation on or before August 1, 2000. This offer will remain valid until July 7, 2000.  On your first day of employment, please beprepared to show proof of eligibility to work in the United States.  Acceptable documentation includes: valid USpassport, valid certificate of citizenship, valid certificate ofnaturalization, un-expired INS work permit, un-expired foreign passport bearingan appropriate, un-expired endorsement of the US Attorney General authorizingan individual’s employment in the United States.  Resident Alien card, Form I-94, or socialsecurity card with valid driver’s license.

 

By accepting this offer youagree that your employment is “at will” and that you may be terminated at thesole discretion of management.  You mayalso resign at any time for any reason whatsoever.

 

This letter sets forth theentire understanding between yourself and Versant Corporation as to the durationof your employment.  The terms of thisoffer may only be modified in writing by an officer of Versant.  The terms of this offer letter areconfidential and Versant reserves the right to cancel this offer without noticeif these terms become public knowledge.

 

To confirm your acceptance ofthis offer, please sign and return a copy of this letter.  If you have any questions, please do nothesitate to call.  We are all lookingforward to having you on the Versant team and believe that you will findworking at Versant a rewarding career.

 
| Sincerely,         | Accepted by: |
|--------------------|--------------|
|               |         |
| Sincerely,         | Accepted by: | /s/ Lee  McGrath |   | 6/30/00 |   |
|               |         | Lee McGrath | Date |   |
| /s/ Nick  Ordon    |         |   |
| Nick Ordon         |         |
| President  and CEO |         |
|               |         |
| Enclosures         |         |
|                    |              |  |  |  |  |  |  |

 

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