**EXHIBIT 10.29****Novell**Dear Susan:We are pleased to extend an invitation to you to join the Novell team as General Manager of theMidwest Area Sales based out of our Rolling Meadows, Illinois office and employed by Novell Canada,Ltd. The start date of this offer is March 8,2004. This position reports directly to RonHovsepian, your manager and the President of North America Ops.Your total target compensation at Novell will be $400,000.00 USD annualized (less applicablewithholding) and will be paid to you in Canadian dollars in accordance with our Canadian payrollpractices. At an exchange rate of .76, this equals $526,315.79 Canadian dollars annualized (lessapplicable withholding). Your total target compensation is composed of 60% base salary and 40%target Incentive. The amount of target incentive you will earn depends on your achievement ofcertain objectives established by your manager and/or department. Your base salary will be$13,157.89 CAN semi-monthly (less applicable withholding), which is $316,789.46 CAN annualized(less applicable withholding), payable in accordance with Novell’s payroll procedures. If youachieve your incentive target at 100%, you will earn $210,526.32 CAN (less applicable withholding).For your first three months of employment, the company will grant you a three-monthnon-recoverable draw equal to 100% of your monthly target Incentive. Therefore, you will receive$17,543.86 CAN (less applicable withholding) at the end of each month during the three-monthperiod. The current exchange rate of .76 will be used during your first twelve months ofemployment with Novell. After your first year of employment a new rate of exchange between US andCanadian dollars will be established and your salary will be adjusted to match the new rate ofexchange for your total target earnings in the new year. This process will be repeated annually inmaking a salary adjustment tied to the current rate of exchange. Further details are availablefrom your manager, Ron Hovsepian and HR Vice President, Glade Nelson.Novell has a highly competitive benefits package that you are eligible to receive at employmentdate, to include, without limitation, the accrual of 20 vacation days during your first 12 monthsof employment Your accrual of vacation days will not decrease below a minimum of 20 days duringyour employment with Novell. Benefits details are available through Human Resources.You will be recommended to the Option Grant Committee, at the first Committee meeting followingyour start date, to be granted 30,000 (thirty thousand) non-qualified stock options (“Options”) topurchase shares of Novell, Inc. common stock at the fair market value on thedate of the meeting, in accordance with Novell’s current Stock Plan (as amended) and the standardform of option agreement. The Shareholder Services Department will issue documentation confirmingthe action of the Committee approximately eight weeks following the Committee meeting.
 

 
You will be recommended to the Option Grant Committee, at the first Committee meeting followingyour start date, to be granted the right to purchase 10,000 (ten thousand) shares of Novell commonstock (consistent with the terms of the applicable Novell restricted stock plan). This recommendedgrant is subject to the approval of the Committee and is in their sole discretion. If the right topurchase these shares of Novell Common stock is granted by the Committee, then such grant will besubject to forfeiture or a repurchase right In favor of Novell if you terminate employment prior tothe lapse of restrictions on the shares. The restricted stock will vest according to the followingvesting schedule, if you are employed by Novell on the applicable date; 100% cliff vest on thethird anniversary of the date of grant.Novell will provide you with assistance in completing your visa application in order to work in theUS. It is expected that you will conduct yourself in such a manner that you will not jeopardize theapplication process or your eligibility for Visa approval. Please contact Michelle K. Donohue,Manager, Immigration and Relocation for immigration questions. Her contact information is asfollows: