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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



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FORM 10-K/A

Amendment No. 1



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FOR ANNUAL AND TRANSITION REPORTS PURSUANT TO

SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



|x | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|- | ------------------------------------------------------------------------------------



For the fiscal year ended December 31, 2004



| ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|- | ----------------------------------------------------------------------------------------



Commission File No. 001-10824



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BORLAND SOFTWARE CORPORATION

(Exact name of registrant as specified in its charter)



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|                                                               |  |                                     
|-------------------------------------------------------------- |  | ------------------------------------
|Delaware                                                       |  | 94-2895440                          
|(State or other jurisdiction of incorporation or organization) |  | (I.R.S. Employer Identification No.)



100 Enterprise Way,
Scotts Valley, California 95066-3249

(Address of principal executive offices, including zip code)



(831) 431-1000

(Registrants telephone number, including area code)



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Securities registered pursuant to Section 12(b) of the
Act:

None



Securities registered pursuant to Section 12(g) of the Act:



COMMON STOCK, PAR VALUE $0.01 PER SHARE

RIGHTS TO PURCHASE SERIES D JUNIOR PARTICIPATING PREFERRED STOCK

(Title of classes)



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Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No ̈



Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein,
and will not be contained, to the best of registrants knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K ̈



Indicate by check mark whether registrant is an accelerated filer (as defined in Exchange Act Rule 12b-2 ).    Yes  x    No ̈



The aggregate market value of common stock held by non-affiliates of the registrant, based upon the closing price of the
registrants common stock on June 30, 2004 as reported for such date by the Nasdaq National Market was approximately $597,220,730. Common stock held by each executive officer and director of the registrant and by each person who owns 5% percent
or more of the outstanding common stock have been excluded from this computation because such persons may be deemed affiliates of the registrant. This determination of affiliate status for this purpose does not reflect a determination that any
persons are affiliates for any other purposes.



The number of
shares of the registrants common stock outstanding as of February 28, 2005 was 80,473,339.



DOCUMENTS INCORPORATED BY REFERENCE



The following documents (or parts thereof) are incorporated by reference into the following parts of this Form 10-K: Certain information required in Part
III of this Form 10-K is incorporated therein from our definitive Proxy Statement for our 2005 Annual Meeting of Stockholders, to be filed with the Securities and Exchange Commission pursuant to Regulation 14A within 120 days after our fiscal year
ended December 31, 2004.



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TABLE OF CONTENTS



|              |  |                                                                                                             |  |  
|------------- |  | ----------------------------------------------------------------------------------------------------------- |  | -
|              |  | Page                                                                                                       
|PART II       |  |                                                                                                            
|ITEM 5.       |  | MARKET FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER MATTERSAND ISSUER PURCHASES OF EQUITY SECURITIES |  | 2
|              | 
|SIGNATURES    |  | 4                                                                                                          
|EXHIBIT INDEX |  | 5                                                                                                          







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EXPLANATORY NOTE



We are filing this amendment to our Annual Report on Form 10-K, originally filed with the Securities and Exchange Commission
on March 25, 2005, solely for the purpose of adding to the disclosure in Part II, Item 5, the summary of stock repurchases for the three months ended December 31, 2004 which was inadvertently omitted. No other information included in the Annual
Report on Form 10-K is amended by this Amendment No. 1 on Form 10-K/A.



In addition, we have filed the following exhibits herewith:



|     |  |                                                           
|---- |  | ----------------------------------------------------------
|31.1 |  | Certification required by Rule 13a-14(a) or Rule 15d-14(a)
|     | 
|31.2 |  | Certification required by Rule 13a-14(a) or Rule 15d-14(a)





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##### Table of Contents

PART II



ITEM 5. MARKET FOR REGISTRANTS COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES



Our common stock is traded on the Nasdaq National Market under the symbol BORL. According to the records of our transfer agent and registrar,
Mellon Investor Services, L.L.C., we had approximately 2,429 stockholders of record of our common stock as of February 28, 2005. Because many of such shares are held by brokers, institutions and other nominees on behalf of stockholders, we are
unable to estimate the total number of beneficial owners represented by these record holders. We have not paid cash dividends since 1988. We intend to retain future earnings for use in our business and to repurchase our outstanding common shares,
and therefore, do not anticipate paying cash dividends in the foreseeable future.



The following table sets forth the high and low closing price per share of our common stock as reported on the Nasdaq National Market for the periods presented below:



|               |  |      |       |     |   |     
|-------------- |  | ---- | ----- | --- | - | ----
|               |  | High |       | Low
|Fiscal 2003    |  |      |       |     |   |     
|First Quarter  |  | $    | 14.47 |     | $ | 8.80
|Second Quarter |  | $    | 12.05 |     | $ | 8.01
|Third Quarter  |  | $    | 11.17 |     | $ | 8.56
|Fourth Quarter |  | $    | 9.93  |     | $ | 8.19
|Fiscal Year    |  | $    | 14.47 |     | $ | 8.01
|               |  |     
|Fiscal 2004    |  |      |       |     |   |     
|First Quarter  |  | $    | 10.62 |     | $ | 8.74
|Second Quarter |  | $    | 9.90  |     | $ | 8.21
|Third Quarter  |  | $    | 8.87  |     | $ | 7.00
|Fourth Quarter |  | $    | 12.00 |     | $ | 8.68
|Fiscal Year    |  | $    | 12.00 |     | $ | 7.00



As of March 21, 2005,
the most recent practicable date prior to the filing of this Form 10-K, the closing sale price of a share of our common stock was $7.98.



Below is a summary of stock repurchases for the three months ended December 31, 2004. See Note 12 of our Notes to Consolidated Financial Statements for
information regarding our stock repurchase programs.



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PURCHASES OF EQUITY SECURITIES (1)



|                                     |  |                                               |  |                                         |       |                                                                                                 |         |                                                                                                                             |   |            |    
|------------------------------------ |  | --------------------------------------------- |  | --------------------------------------- | ----- | ----------------------------------------------------------------------------------------------- | ------- | --------------------------------------------------------------------------------------------------------------------------- | - | ---------- | ---
|Period                               |  | (a) Total Numberof Shares (orUnits) Purchased |  | (b) AveragePrice Paidper Share(or Unit) |       | (c) Total Number of Shares (or Units) Purchased as Part of
Publicly Announced Plans or Programs |         | (d) Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs |  
|October 1, 2004  October 31, 2004   |  | 62,000                                        |  | $                                       | 9.77  |                                                                                                 | 62,000  |                                                                                                                             | $ | 26,956,278 | (2)
|                                     |  |                                               |  |                                        
|November 1, 2004  November 30, 2004 |  | 64,000                                        |  | $                                       | 11.22 |                                                                                                 | 64,000  |                                                                                                                             | $ | 26,238,491 | (3)
|                                     |  |                                               |  |                                        
|December 1, 2004  December 31, 2004 |  | 47,000                                        |  | $                                       | 11.61 |                                                                                                 | 47,000  |                                                                                                                             | $ | 25,692,619 | (4)
|                                     |  |                                               |  |                                        
|Total                                |  | 173,000                                       |  |                                         |       |                                                                                                 | 173,000 |                                                                                                                             |   |            |    
|                                     |  |                                               |  |                                         |       |                                                                                                 |         |                                                                                                                             |   |            |    



No shares were repurchased other than
through our Discretionary Program and our 10b5-1 Program.



(1) In September
2001, our Board of Directors authorized the use of up to $30.0 million to repurchase shares of our outstanding common stock under a discretionary stock repurchase program (the Discretionary Program). The program was announced in our
Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 15, 2002. In February 2004, our Board of Directors authorized an additional $30.0 million of repurchases under the Discretionary Program, which was announced in
our Current Report on Form 8-K filed with the Securities and Exchange Commission on February 4, 2004. In August 2003, our Board of Directors authorized the repurchase of the lesser of 1,000,000 shares or $15.0 million worth of our outstanding common
stock pursuant to a 10b5-1 repurchase program (the 10b5-1 Program). The 10b5-1 Program was announced in our Current Report on Form 8-K filed with the Securities and Exchange Commission on August 7, 2003.



(2) Includes $17,511,256 under our Discretionary Program and $9,445,022 or 384,000 shares
under our 10b5-1 Program.



(3) Includes $17,271,539 under our Discretionary
Program and $8,966,952 or 342,000 shares under our 10b5-1 Program.



(4)
Includes $17,235,989 under our Discretionary Program and $8,456,630 or 298,000 shares under our 10b5-1 Program.





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SIGNATURES



Pursuant to the
requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, Borland Software Corporation has duly caused this Form 10-K/A to be signed on our behalf by the undersigned, thereunto duly authorized, in the City of Scotts
Valley, California, on the 29th day of March 2005.



BORLAND SOFTWARE CORPORATION (Registrant)By:

/s/ KENNETH R. HAHNKenneth R. Hahn Senior Vice President and Chief Financial Officer (principal financial and accounting officer)




Pursuant to the
requirements of the Securities Exchange Act of 1934, as amended, this report has been signed below by the following persons on behalf of Borland Software Corporation and in the capacities as indicated on the 29th day of March 2005.



|                                                                                                                |  |                             
|--------------------------------------------------------------------------------------------------------------- |  | ----------------------------
|/s/    *                                                                                                        |  | /s/    *                    
|William K. Hooper, Chairman of the Board and Director                                                           |  | Robert Dickerson, Director  
|                                                                                                                | 
|/s/    *                                                                                                        |  | /s/    *                    
|Robert H. Kohn, Vice Chairman and Director                                                                      |  | William F. Miller, Director 
|                                                                                                                | 
|/s/    DALE L. FULLER                                                                                           |  | /s/    *                    
|Dale L. Fuller, President, Chief Executive Officer and Director (principal executive officer)                   |  | T. Michael Nevens, Director 
|                                                                                                                | 
|/s/    KENNETH R. HAHN                                                                                          |  | /s/    *                    
|Kenneth R. Hahn, Senior Vice President and Chief Financial Officer (principal financial and accounting
officer) |  | John F. Olsen, Director     
|                                                                                                                | 
|                                                                                                                |  | /s/    *                    
|                                                                                                                |  | Charles J. Robel, Director  
|                                                                                                                | 
|                                                                                                                |  | /s/    *                    
|                                                                                                                |  | Gregory W. Slayton, Director
|                                                                                                                | 
|*By: /s/    KENNETH R. HAHN                                                                                     |  |                             
|Kenneth R. Hahn, Attorney-In-Fact                                                                               |  |                             





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EXHIBIT INDEX



|               |  |                                                                                                                                                                                                                                                                                                           |  |                           |  |          |  |        |  |               
|-------------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ------------------------- |  | -------- |  | ------ |  | --------------
|               |  |                                                                                                                                                                                                                                                                                                           |  | Incorporated by Reference |  |         
|Exhibit Number |  | Description of Exhibit                                                                                                                                                                                                                                                                                    |  | Form                      |  | Date     |  | Number |  | Filed Herewith
|2.1            |  | Agreement and Plan of Merger and Reorganization by and among Borland Software Corporation, Targa Acquisition Corp. I, Targa Acquisition Corp. II, TogetherSoft Corporation, Peter Coad, as Primary
Stockholders Agent, and Kurt Jaggers, as Secondary Stockholders Agent, dated as of October 29, 2002. |  | 8-K                       |  | 11/01/02 |  | 2.1    |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|2.2            |  | Agreement and Plan of Merger among Borland Software Corporation, Galaxy Acquisition Corp. and Starbase Corporation, dated as of October 8, 2002.                                                                                                                                                          |  | 8-K                       |  | 10/10/02 |  | 2.1    |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|3.1            |  | Restated Certificate of Incorporation of Borland Software Corporation.                                                                                                                                                                                                                                    |  | 10-Q                      |  | 11/14/03 |  | 3.1    |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|3.2            |  | Amended and Restated Bylaws of Borland Software Corporation.                                                                                                                                                                                                                                              |  | 8-K                       |  | 02/18/05 |  | 3.2    |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|4.1            |  | Stockholder Rights Agreement, dated as of October 26, 2001, between Borland Software Corporation and Mellon Investor Services, L.L.C.                                                                                                                                                                     |  | 8-A                       |  | 10/31/01 |  | 1      |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|4.2            |  | Specimen Stock Certificate of Borland Software.                                                                                                                                                                                                                                                           |  | 10-Q                      |  | 05/13/02 |  | 4.1    |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|4.3            |  | Investor Rights Agreement between Borland Software Corporation and Microsoft Corporation, dated as of June 7, 1999.                                                                                                                                                                                       |  | 8-K                       |  | 07/06/99 |  | 4.2(a) |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|4.4            |  | Stockholder Lock-up Agreement between Borland Software Corporation and Object International, Inc., dated as of January 14, 2003.                                                                                                                                                                          |  | 10-K                      |  | 03/28/03 |  | 4.5    |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|4.5            |  | Stockholder Lock-up Agreement between Borland Software Corporation and Dietrich Charisius, dated as of January 14, 2003.                                                                                                                                                                                  |  | 10-K                      |  | 03/28/03 |  | 4.6    |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|10.1           |  | Form of Indemnity Agreement. +                                                                                                                                                                                                                                                                            |  | S-8                       |  | 09/26/90 |  |        |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|10.2           |  | 2005 Incentive Compensation Plan for Senior Officers. +                                                                                                                                                                                                                                                   |  | 10-K                      |  | 03/25/05 |  | 10.2   |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|10.3           |  | 1985 Stock Option Plan. +                                                                                                                                                                                                                                                                                 |  | 10-K                      |  | 03/28/03 |  | 10.4   |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|10.4           |  | Non-Employee Directors Stock Option Plan. +                                                                                                                                                                                                                                                              |  | 8-K                       |  | 12/27/91 |  |        |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|10.5           |  | 1992 Stock Option Plan. +                                                                                                                                                                                                                                                                                 |  | S-8                       |  | 07/04/92 |  |        |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|10.6           |  | 1993 Stock Option Plan. +                                                                                                                                                                                                                                                                                 |  | S-8                       |  | 03/11/93 |  |        |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|10.7           |  | 1997 Stock Option Plan. +                                                                                                                                                                                                                                                                                 |  | S-8                       |  | 12/19/97 |  | 4.4    |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|10.8           |  | Amendment to the 1997 Stock Option Plan. +                                                                                                                                                                                                                                                                |  | S-8                       |  | 09/01/00 |  | 4.9    |  |               
|               |  |                                                                                                                                                                                                                                                                                                           |  |                           | 
|10.9           |  | Second Amendment to the 1997 Stock Option Plan. +                                                                                                                                                                                                                                                         |  | S-8                       |  | 06/01/01 |  | 4.6    |  |               





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|      |  |                                                                                                                |  |      |  |          |  |       |  | 
|----- |  | -------------------------------------------------------------------------------------------------------------- |  | ---- |  | -------- |  | ----- |  | 
|10.10 |  | 1997 Employee Stock Purchase Plan. +                                                                           |  | S-8  |  | 12/19/97 |  | 4.5   |  | 
|      |  |                                                                                                                |  |      | 
|10.11 |  | 1998 Nonstatutory Stock Option Plan. +                                                                         |  | 10-K |  | 03/28/03 |  | 10.12 |  | 
|      |  |                                                                                                                |  |      | 
|10.12 |  | 1999 Employee Stock Purchase Plan. +                                                                           |  | S-8  |  | 05/21/02 |  | 99.2  |  | 
|      |  |                                                                                                                |  |      | 
|10.13 |  | Borland Software Corporation Dale Fuller Individual Stock Option Plan. +                                       |  | 10-K |  | 04/04/00 |  | 10.18 |  | 
|      |  |                                                                                                                |  |      | 
|10.14 |  | 2002 Stock Incentive Plan. +                                                                                   |  | 10-K |  | 03/25/05 |  | 10.14 |  | 
|      |  |                                                                                                                |  |      | 
|10.15 |  | Form of Notice of Grant under the Discretionary Option Grant Program of the 2002 Stock Incentive Plan +        |  | 10-Q |  | 10/09/04 |  | 10.73 |  | 
|      |  |                                                                                                                |  |      | 
|10.16 |  | Form of Stock Option Agreement under the Discretionary Option Grant Program of the 2002 Stock Incentive Plan + |  | 10-Q |  | 10/09/04 |  | 10.74 |  | 
|      |  |                                                                                                                |  |      | 
|10.17 |  | Form of Stock Issuance Agreement under the 2002 Stock Incentive Plan. +                                        |  | 10-K |  | 03/25/05 |  | 10.17 |  | 
|      |  |                                                                                                                |  |      | 
|10.18 |  | Form of Option Agreement under the Automatic Option Grant Program of the 2002 Stock Incentive Plan. +          |  | 10-K |  | 03/25/05 |  | 10.18 |  | 
|      |  |                                                                                                                |  |      | 
|10.19 |  | Form of Addendum to Stock Option Agreement under the 2002 Stock Incentive Plan (Twelve Months Acceleration). + |  | 10-K |  | 03/25/05 |  | 10.19 |  | 
|      |  |                                                                                                                |  |      | 
|10.20 |  | Form of Addendum to Stock Option Agreement under the 2002 Stock Incentive Plan (50% Acceleration) +            |  | 10-K |  | 03/25/05 |  | 10.20 |  | 
|      |  |                                                                                                                |  |      | 
|10.21 |  | Form of Addendum to Stock Option Agreement under the 2002 Stock Incentive Plan (100% Acceleration) +           |  | 10-K |  | 03/25/05 |  | 10.21 |  | 
|      |  |                                                                                                                |  |      | 
|10.22 |  | 2003 Supplemental Stock Option Plan. +                                                                         |  | 8-K  |  | 01/13/03 |  | 99    |  | 
|      |  |                                                                                                                |  |      | 
|10.23 |  | Open Environment Corporation Amended and Restated 1993 Stock Option Plan +                                     |  | 10-K |  | 03/28/03 |  | 10.17 |  | 
|      |  |                                                                                                                |  |      | 
|10.24 |  | Visigenic Software, Inc. 1995 Stock Option Plan. +                                                             |  | 10-K |  | 03/28/03 |  | 10.18 |  | 
|      |  |                                                                                                                |  |      | 
|10.25 |  | Starbase Corporation 2001 Stock Plan. +                                                                        |  | S-8  |  | 01/24/03 |  | 99.1  |  | 
|      |  |                                                                                                                |  |      | 
|10.26 |  | Starbase Corporation 1996 Stock Option Plan. +                                                                 |  | S-8  |  | 01/24/03 |  | 99.2  |  | 
|      |  |                                                                                                                |  |      | 
|10.27 |  | Starbase Corporation NSO Stock Option Program. +                                                               |  | S-8  |  | 01/24/03 |  | 99.3  |  | 
|      |  |                                                                                                                |  |      | 
|10.28 |  | Premia Corporation 1998 Stock Option Plan. +                                                                   |  | S-8  |  | 01/24/03 |  | 99.4  |  | 
|      |  |                                                                                                                |  |      | 
|10.29 |  | Technology Builders, Inc. Amended and Restated Stock Option and Stock Incentive Plan. +                        |  | S-8  |  | 01/24/03 |  | 99.5  |  | 
|      |  |                                                                                                                |  |      | 
|10.30 |  | TogetherSoft Corporation 2000 Stock Plan. +                                                                    |  | S-8  |  | 01/24/03 |  | 99.6  |  | 
|      |  |                                                                                                                |  |      | 
|10.31 |  | TogetherSoft Corporation 2001 Officer Stock Plan. +                                                            |  | S-8  |  | 01/24/03 |  | 99.7  |  | 
|      |  |                                                                                                                |  |      | 
|10.32 |  | TogetherSoft Corporation 2001 Non-U.S. Plan. +                                                                 |  | S-8  |  | 01/24/03 |  | 99.8  |  | 





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|      |  |                                                                                                                             |  |      |  |          |  |       |  | 
|----- |  | --------------------------------------------------------------------------------------------------------------------------- |  | ---- |  | -------- |  | ----- |  | 
|10.33 |  | TogetherSoft Corporation 2001 California Plan. +                                                                            |  | S-8  |  | 01/24/03 |  | 99.9  |  | 
|      |  |                                                                                                                             |  |      | 
|10.34 |  | Employment Agreement between Dale L. Fuller and Borland Software Corporation dated as of December 29, 2000. +               |  | 10-K |  | 03/29/01 |  | 10.20 |  | 
|      |  |                                                                                                                             |  |      | 
|10.35 |  | Amendment to Employment Agreement between Borland Software Corporation and Dale L. Fuller, dated July 1, 2003.+             |  | 10-Q |  | 11/14/03 |  | 10.3  |  | 
|      |  |                                                                                                                             |  |      | 
|10.36 |  | Employment Agreement between Kenneth R. Hahn and Borland Software Corporation dated as of August 7, 2002. +                 |  | 10-Q |  | 11/14/02 |  | 99.3  |  | 
|      |  |                                                                                                                             |  |      | 
|10.37 |  | Amendment to Employment Agreement between Kenneth R. Hahn and Borland Software Corporation dated as of October 22, 2002. +  |  | 10-Q |  | 11/14/02 |  | 99.4  |  | 
|      |  |                                                                                                                             |  |      | 
|10.38 |  | Amendment to the Employment Agreement between Borland Software Corporation and Kenneth R. Hahn, dated as of June 7, 2004. + |  | 10-Q |  | 08/09/04 |  | 10.72 |  | 
|      |  |                                                                                                                             |  |      | 
|10.39 |  | Addendum to Stock Option Agreement between Borland Software Corporation and Kenneth R. Hahn dated as of November 3, 2004. + |  | 10-K |  | 03/25/05 |  | 10.39 |  | 
|      |  |                                                                                                                             |  |      | 
|10.40 |  | Employment Agreement between Borland Software Corporation and Scott Arnold, dated October 2, 2003. +                        |  | 10-Q |  | 11/14/03 |  | 10.4  |  | 
|      |  |                                                                                                                             |  |      | 
|10.41 |  | Addendum to Stock Option Agreement between Borland Software Corporation and Scott Arnold dated as of November 3, 2004. +    |  | 10-K |  | 03/25/05 |  | 10.41 |  | 
|      |  |                                                                                                                             |  |      | 
|10.42 |  | Employment Agreement between Borland Software Corporation and Timothy J. Stevens, dated September 17, 2003. +               |  | 10-Q |  | 11/14/03 |  | 10.5  |  | 
|      |  |                                                                                                                             |  |      | 
|10.43 |  | Amendment to Employment Agreement between Borland Software Corporation and Timothy J. Stevens, dated March 4, 2004. +       |  | 10-K |  | 03/15/04 |  | 10.34 |  | 
|      |  |                                                                                                                             |  |      | 
|10.44 |  | Stock Option Agreement between Borland Software Corporation and Timothy J. Stevens dated as of November 3, 2004. +          |  | 10-K |  | 03/25/05 |  | 10.44 |  | 
|      |  |                                                                                                                             |  |      | 
|10.45 |  | Employment Agreement between Borland Software Corporation and Matthew Thompson, dated October 1, 2003. +                    |  | 10-Q |  | 11/14/03 |  | 10.6  |  | 
|      |  |                                                                                                                             |  |      | 
|10.46 |  | Summary of Board Compensation. +                                                                                            |  | 10-K |  | 03/25/05 |  | 10.46 |  | 
|      |  |                                                                                                                             |  |      | 
|10.47 |  | Lease Agreement by and between Borland Software Corporation and ScanlanKemperBard Companies dated as of February 17, 2000.  |  | 10-K |  | 03/29/01 |  | 10.44 |  | 





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|      |  |                                                                                                                                                                                                                                                                                                                     |  |      |  |          |  |       |  | 
|----- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ---- |  | -------- |  | ----- |  | 
|10.48 |  | First Amendment to Lease Agreement by and between Borland Software Corporation and Enterprise Way Associates, LLC as dated as of September 30, 2000.                                                                                                                                                                |  | 10-K |  | 03/29/01 |  | 10.45 |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.49 |  | Second Amendment to Lease Agreement by and between Borland Software Corporation and Enterprise Way Associates, LLC as dated as of June 1, 2001.                                                                                                                                                                     |  | 10-K |  | 03/28/03 |  | 10.54 |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.50 |  | Third Amendment to Lease Agreement by and between Borland Software Corporation and Enterprise Way Associates, LLC as dated as of November 1, 2001.                                                                                                                                                                  |  | 10-K |  | 03/28/03 |  | 10.55 |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.51 |  | Net Office Lease and related agreements by and between Sun Microsystems, Inc., Cupertino City Center Buildings and Borland Software Corporation.                                                                                                                                                                    |  | 10-K |  | 03/28/03 |  | 10.56 |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.52 |  | Office Lease and amendment between Starwood O.C. Portfolio I, L.L.C., and Starbase Corporation.                                                                                                                                                                                                                     |  | 10-K |  | 03/28/03 |  | 10.57 |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.53 |  | Lease and amendment between Davis-Sandler Three LLC and TogetherSoft Corporation.                                                                                                                                                                                                                                   |  | 10-K |  | 03/28/03 |  | 10.58 |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.54 |  | Technology License and Distribution Agreement between Sun Microsystems, Inc. and Borland Software Corporation, dated as of October 31, 1995. ++                                                                                                                                                                     |  | 10-Q |  | 08/13/01 |  | 10.2  |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.55 |  | Addendum Number 1 to Technology License and Distribution Agreement between Sun Microsystems, Inc. and Borland Software Corporation, dated as of June 25, 1998. (To the best of our knowledge, no
executed document titled Addendum Number 2 exists.)                                                              |  | 10-Q |  | 08/13/01 |  | 10.3  |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.56 |  | Addendum Number 3 to Technology License and Distribution Agreement between Sun Microsystems, Inc. and Borland Software Corporation, dated as of June 15, 2000.                                                                                                                                                      |  | 10-Q |  | 08/13/01 |  | 10.4  |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.57 |  | Amendment No. 4 to Technology License and Distribution Agreement Sun Microsystems, Inc. and Borland Software Corporation, dated as of December 29, 2000. (Attached as exhibit A-1 to the Software
License Agreement between Sun Microsystems, Inc. and Borland Software Corporation, dated as of December 29, 2000) |  | 10-Q |  | 08/13/01 |  | 10.11 |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.58 |  | Letter Agreement between Sun Microsystems, Inc. and Borland Software Corporation, dated as of November 7, 1995.                                                                                                                                                                                                     |  | 10-Q |  | 08/13/01 |  | 10.5  |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.59 |  | Letter Agreement between Sun Microsystems, Inc. and Borland Software Corporation, dated as of March 9, 1998.                                                                                                                                                                                                        |  | 10-Q |  | 08/13/01 |  | 10.6  |  | 
|      |  |                                                                                                                                                                                                                                                                                                                     |  |      | 
|10.60 |  | Letter Agreement between Sun Microsystems, Inc. and Borland Software Corporation, dated as of November 5, 1998.                                                                                                                                                                                                     |  | 10-Q |  | 08/13/01 |  | 10.7  |  | 





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##### Table of Contents

|      |  |                                                                                                                                                                                                              |  |      |  |          |  |       |  | 
|----- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |  | ---- |  | -------- |  | ----- |  | 
|10.61 |  | Letter Agreement between Sun Microsystems, Inc. and Borland Software Corporation, dated as of February 1, 1999.                                                                                              |  | 10-Q |  | 08/13/01 |  | 10.8  |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|10.62 |  | Software License Agreement between Sun Microsystems, Inc. and Borland Software Corporation, dated as of December 29, 2000.                                                                                   |  | 10-Q |  | 08/13/01 |  | 10.11 |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|10.63 |  | Addendum Number 1 to Software License Agreement between Sun Microsystems, Inc. and Borland Software Corporation, dated as of December 12, 2001.                                                              |  | 10-Q |  | 05/13/02 |  | 10.1  |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|10.64 |  | Trademark License for Java Powered between Sun Microsystems, Inc. and Borland Software Corporation, dated as of December 29, 2000.                                                                           |  | 10-Q |  | 08/13/01 |  | 10.12 |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|10.65 |  | Wireless Toolkit Supplement to the Sun Community Source Licenses between Sun Microsystems, Inc. and Borland Software Corporation, dated as of December 21, 2001. ++                                          |  | 10-Q |  | 05/13/02 |  | 10.5  |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|10.66 |  | Open Tools License Agreement between Microsoft Corporation and Borland Software Corporation, dated as of March 2, 1999.                                                                                      |  | 10-Q |  | 05/13/02 |  | 10.6  |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|10.67 |  | Amendment Number 1 to Open Tools License Agreement between Microsoft Corporation and Borland Software Corporation, dated as of June 2, 1999.                                                                 |  | 10-Q |  | 05/13/02 |  | 10.7  |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|10.68 |  | Amendment Number 2 to Open Tools License Agreement between Microsoft Corporation and Borland Software Corporation, dated as of January 9, 2003. ++                                                           |  | 10-K |  | 03/28/03 |  | 10.80 |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|10.69 |  | Extension of the Open Tools License Agreement between Microsoft Corporation and Borland Software Corporation, dated as of February 11, 2004.                                                                 |  | 10-K |  | 03/15/04 |  | 10.66 |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|10.70 |  | License and Distribution Agreement (Microsoft Internet Explorer and Components  Windows 95 and Windows NT Version) between Microsoft Corporation and Borland Software Corporation, dated
as of May 7, 1997. |  | 10-Q |  | 05/13/02 |  | 10.8  |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|10.71 |  | Letter Agreement between Microsoft Corporation and Borland Software Corporation, dated as of April 30, 2004.                                                                                                 |  | 10-Q |  | 05/10/04 |  | 10.71 |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|21.1  |  | Subsidiaries of Borland Software Corporation.                                                                                                                                                                |  | 10-K |  | 03/25/05 |  | 21.1  |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|23.1  |  | Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm.                                                                                                                        |  | 10-K |  | 03/25/05 |  | 23.1  |  | 
|      |  |                                                                                                                                                                                                              |  |      | 
|24.1  |  | Power of Attorney                                                                                                                                                                                            |  | 10-K |  | 03/25/05 |  | 24.1  |  | 





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##### Table of Contents

|     |  |                                                                                                                                                   |  |      |  |         |  |      |  |  
|---- |  | ------------------------------------------------------------------------------------------------------------------------------------------------- |  | ---- |  | ------- |  | ---- |  | -
|31.1 |  | Certification of Dale L. Fuller, Chief Executive Officer of Borland Software Corporation, pursuant to Rule 13a-14(a).                             |  |      |  |         |  |      |  | X
|     |  |                                                                                                                                                   |  |      | 
|31.2 |  | Certification of Kenneth R. Hahn, Chief Financial Officer of Borland Software Corporation, pursuant to Rule 13a-14(a).                            |  |      |  |         |  |      |  | X
|     |  |                                                                                                                                                   |  |      | 
|32.1 |  | Certification of Dale L. Fuller, Chief Executive Officer of Borland Software Corporation, pursuant to Rule 13a-14(b) and 18 U.S.C. Section 1350.  |  | 10-K |  | 3/25/05 |  | 32.1 |  |  
|     |  |                                                                                                                                                   |  |      | 
|32.2 |  | Certification of Kenneth R. Hahn, Chief Financial Officer of Borland Software Corporation, pursuant to Rule 13a-14(b) and 18 U.S.C. Section 1350. |  | 10-K |  | 3/25/05 |  | 32.2 |  |  

---

|+ | Management contract or compensatory plan or arrangement.
|- | --------------------------------------------------------

|++ | Confidential treatment has been requested with respect to certain portions of this exhibit. Omitted portions have been filed separately with the SEC.
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------



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