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| Dublin,      California | $166,444.00 |
|-------------------------|-------------|

|   | 1. | Purpose.  The      parties are entering into this loan in order to provide BORROWER with      funds to repay Taleo the gross severance amount previously paid to      BORROWER by Taleo pursuant to BORROWER’S employment agreement, dated May      8, 2006.  BORROWER shall use the funds solely for the purpose of      repaying Taleo pursuant to the terms of Internal Revenue Service (“IRS”)      Notice 2008-113 so that the original payment of severance will not be      potentially subject to the negative tax implications of Section 409A of      the Internal Revenue Code of 1986, as amended and the final regulations      and any guidance promulgated thereunder (“Section 409A”).  By      entering into this LOAN, LENDER neither takes the position nor represents      that (i) the severance as originally paid was subject to any negative tax      implications under Section 409A or (ii) the provision of the loan      satisfies the requirements of IRS Notice      2008-113.  Notwithstanding the forgoing, the BORROWER and the      LENDER acknowledge that the repayment to LENDER as set forth above shall      be a good faith effort to comply with the requirements of IRS Notice      2008-113 and LENDER agrees not to take a contrary tax reporting      position. |
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|   | 2. | Definitions. |
|--------|----|--------------|

|   | a. | “CODE”      will mean the Internal Revenue Code of 1986, as  amended. |
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|   | b. | “DUE      DATE” will mean the date that is six (6) months and one (1) day following      the LOAN DATE. |
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|   | c. | “INTEREST      RATE” will accrue at rate of five percent (5%) per  annum. |
|--------|----|---------------------------------------------------------------------------------------|

|   | d. | “LOAN      DATE” will mean the date the LENDER provides the funds to BORROWER after      execution of this promissorynote. |
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|   | 3. | Payments. |
|--------|----|-----------|

|   | a. | On      each monthly anniversary of the LOAN DATE, BORROWER shall pay accrued      interest on the NOTE equal to six hundred and ninety-three dollars and      fifty-two cents ($693.52) based on the INTEREST  RATE. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b. | BORROWER      shall pay the principal amount of one hundred and sixty-six thousand, four      hundred and forty-four dollars ($166,444.00) in a lump-sum on the DUE      DATE. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 4. | Prepayment. |
|--------|----|-------------|

|   | 5. | Acceleration of DUE      DATE. |
|--------|----|--------------------------------|

|   | a. | BORROWER      fails to make any payment when the same is due;  or |
|--------|----|-------------------------------------------------------------------|

|   | b. | A      bankruptcy or insolvency proceeding is instituted by or against BORROWER,      or if a receiver is appointed for the property of  BORROWER. |
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|   | 6. | Collection Costs Borne      by BORROWER. |
|--------|----|------------------------------------------|

|   | 7. | Full      Recourse. |
|--------|----|---------------------|

|   | 8. | Governing      Law. |
|--------|----|---------------------|

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|   | 9. | Successors. |
|--------|----|-------------|

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| Signature: | /s/ Jeffrey Carr  |   |
|------------|-------------------|--------|
| Name:      | Jeffrey      Carr |   |

| By: | /s/ Josh Faddis |   |
|-----|-----------------|--------|

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