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Exhibit 4.4.1
 14 March 2008
 SAP AG
 DEUTSCHE BANK AG
ABN AMRO BANK N.V., NIEDERLASSUNG DEUTSCHLAND
BNP PARIBAS S.A.
COMMERZBANK AKTIENGESELLSCHAFT
J.P. MORGAN PLC
SUMITOMO MITSUI BANKING CORPORATION
 DEUTSCHE BANK AG PARIS BRANCH
 Certain Financial Institutions
 Certain Financial Institutions
 DEUTSCHE BANK LUXEMBOURG S.A.
 
 ACCESSION AGREEMENT
 relating to the
 5,000,000,000 (subsequently reduced to 2,947,679,513.45)
SYNDICATED MULTICURRENCY TERM LOAN
FACILITY AGREEMENT
dated 1 October 2007




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CONTENTS
 CLAUSE
    
    PAGE1.     INTERPRETATION
    
    
    42.     AMENDMENT
    
    
    43.     TRANSFER
    
    
    44.     REPRESENTATIONS
    
    
    55.     SYNDICATION DATE
    
    
    66.     MISCELLANEOUS
    
    
    6SCHEDULE 1 Existing Lenders and New Lenders
    
    
    7Part A Existing Lenders
    
    
    7Part B Portions Transferred
    
    
    8Part C Allocation of participations in Loans outstanding following Transfers
    
    
    10SIGNATORIES TO THE ACCESSION AGREEMENT
    
    
    12




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THIS AGREEMENT
 Between
 (1)
    
    SAP AG(the Borrower);(2)
    
    DEUTSCHE BANK AG, ABN AMRO BANK N.V., NIEDERLASSUNG DEUTSCHLAND, BNP PARIBAS S.A.,
COMMERZBANK AKTIENGESELLSCHAFT, J.P. MORGAN PLCand SUMITOMO MITSUI BANKING CORPORATIONas
mandated lead arrangers (the Mandated Lead Arrangers);(3)
    
    THE FINANCIAL INSTITUTIONSidentified in Part A of Schedule 1 (Existing Lenders and New
Lenders) as existing lenders (the Existing Lenders);(4)
    
    THE FINANCIAL INSTITUTIONSidentified in Part B of Schedule 1 (Existing Lenders and New
Lenders) as new lenders (the New Lenders);(5)
    
    DEUTSCHE BANK AG PARIS BRANCHas offer guarantor (the Offer Guarantor); and(6)
    
    DEUTSCHE BANK LUXEMBOURG S.A.as agent of the other Finance Parties (the Agent).
 whereas:
 1.
    
    The Borrower, the Mandated Lead Arrangers, the Existing Lenders, the Offer Guarantor and the
Agent entered into or, as the case may be, acceded to a facility agreement dated 1 October
2007 (as amended and restated pursuant to an Amendment and Restatement Agreement dated 27
February 2008, the Facility Agreement) whereby a 5,000,000,000 syndicated multicurrency
term loan facility was made available to the Borrower. As a result of voluntary cancellations
of the Available Facility and voluntary prepayments of Loans, the Total Commitments were
subsequently reduced to 2,947,679,513.45.2.
    
    The Offer Guarantor has confirmed that the Offer Guarantee Discharge Date has occurred.3.
    
    The Borrower, the Mandated Lead Arrangers, the Existing Lenders, the Offer Guarantor and the
Agent wish to record the arrangements agreed between them to amend the Facility Agreement as
set out herein.4.
    
    The Borrower, the Mandated Lead Arrangers, the Offer Guarantor, the Agent, the Existing
Lenders and the New Lenders wish to record the arrangements agreed between them to transfer
(in part) from the Existing Lenders to the New Lenders the Existing Lenders participations in
Loans drawn and outstanding under the Facility Agreement.
 it is agreed




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1.
    
    INTERPRETATION
  2.
    
    AMENDMENT
 Definitions
 Treaty State Treaty
 3.
    
    TRANSFER3.1
    
    Confirmation by Existing Lender
 Existing Lenders and New Lenders
 3.2
    
    Transfer
 (a)
    
    Each Existing Lender agrees with each New Lender set out opposite such Existing Lenders name
in Part B of Schedule 1 (Existing Lenders and New Lenders) to the transfer by each such
Existing Lender to each such New Lender by way of assumption of contract (Vertragsübernahme)
on 25 March 2008 (the Effective Date) of that part of that Existing Lenders participations
in Loans outstanding as is specified in Part B of Schedule 1 (Existing Lenders and New
Lenders) in accordance with Clause 24.1 (Assignments and transfers by the Lenders) of the
Facility Agreement.(b)
    
    As consideration for the transfers contemplated by paragraph (a) each New Lender shall make
available to the Agent for value on the Effective Date and for onward distribution by the
Agent on such date to the respective Existing Lenders an amount in EUR corresponding to the
aggregate amount of participations in Loans outstanding transferred to such New Lender as
contemplated hereby. Upon receipt by the Agent of such payments from the New Lenders the Agent
shall, subject to Clause 29.4 (Clawback) of the Facility Agreement, distribute as soon as
practicable after receipt to each Existing Lender an amount in EUR corresponding to the
aggregate amount of participations in Loans outstanding transferred by such Existing Lender as
contemplated hereby.
 3.3
    
    Acceptance by the Agent
 Procedure for transfer Existing Lenders and New Lenders




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3.4
    
    Acknowledgement by New Lenders(a)
    
    Each New Lender expressly acknowledges the limitations on the Existing Lenders obligations
set out in paragraph (c) of Clause 24.4 (Limitation of responsibility of Existing Lenders) of
the Facility Agreement.(b)
    
    Each New Lender hereby acknowledges, accepts and consents to the amendment of the Facility
Agreement set out in Clause 2 (Amendment).3.5
    
    Consent, confirmation and undertaking of the Borrower(a)
    
    The Borrower hereby consents to the transfers contemplated hereby for the purposes of Clause
24.2 (a) (Conditions of assignment or transfer) of the Facility Agreement.(b)
    
    The Borrower hereby confirms that this Agreement is a Transfer Certificate for the purposes
of Clauses 24.5 (Procedure for transfer) and 24.6 (Copy of Transfer Certificate to Borrower)
of the Facility Agreement and that, accordingly, upon receipt by it of an executed copy of
this Agreement, the Borrower has received a copy of such Transfer Certificate in accordance
with that clause.(c)
    
    The Borrower hereby undertakes not to make use of its right under Clause 8.6 (Voluntary
prepayment of Loans) of the Facility Agreement to voluntarily prepay any Loan outstanding on
the date hereof during the period beginning on the date hereof and ending on (and including)
the Effective Date.3.6
    
    Amounts payable prior to Effective Date
  3.7
    
    Transfer fees
 Fees
 3.8
    
    Details for notices
 Addresses
 4.
    
    REPRESENTATIONS
 No material adverse change No misleading information




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5.
    
    SYNDICATION DATE
  6.
    
    MISCELLANEOUS
 6.1
    
    Incorporation of terms
 Notices Partial Invalidity Conclusion of this
Agreement Counterparts Governing law Jurisdiction
 6.2
    
    Designation




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SCHEDULE 1
Existing Lenders and New Lenders
 Part A
Existing Lenders
 Existing Lenders participations in Loans outstandingExisting Lender
    
    (EUR)Deutsche Bank Luxembourg S.A.
    
    
    491,279,918.90ABN AMRO Bank N.V., Niederlassung
Deutschland
    
    
    491,279,918.91BNP Paribas S.A. Niederlassung Frankfurt am
Main
    
    
    491,279,918.91Commerzbank Aktiengesellschaft
    
    
    491,279,918.91JPMorgan Chase Bank, N.A.
    
    
    491,279,918.91Sumitomo Mitsui Banking Corporation
    
    
    491,279,918.91TOTAL
    
    
    2,947,679,513.45




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Part B
Portions Transferred
 Portions of Existing Lenders participations inLoans outstanding TransferredExisting Lender
    
    New Lender
    
    Deutsche Bank Luxembourg S.A.
    
    The Bank of Tokyo-Mitsubishi UFJ, Ltd., Düsseldorf Branch
    
    
    145,000,000.00Deutsche Bank Luxembourg S.A.
    
    Crédit Industriel et Commercial
    
    
    36,600,405.45Deutsche Bank Luxembourg S.A.
    
    Crédit Mutuel Banque de lEconomie du Commerce et de la
Monétique S.A. Niederlassung Deutschland
    
    
    72,500,000.00ABN AMRO Bank N.V., Niederlassung Deutschland
    
    Crédit Industriel et Commercial
    
    
    35,899,594.55ABN AMRO Bank N.V., Niederlassung Deutschland
    
    DZ BANK AG Deutsche Zentral-Genossenschaftsbank,
Frankfurt am Main
    
    
    145,000,000.00ABN AMRO Bank N.V., Niederlassung Deutschland
    
    Fortis Banque Luxembourg S.A.
    
    
    128,880,324.36BNP Paribas S.A. Niederlassung Frankfurt am Main
    
    Fortis Banque Luxembourg S.A.
    
    
    16,119,675.64BNP Paribas S.A. Niederlassung Frankfurt am Main
    
    Intesa Sanpaolo S.p.A., Frankfurt Branch
    
    
    145,000,000.00BNP Paribas S.A. Niederlassung Frankfurt am Main
    
    Morgan Stanley Bank
    
    
    55,000,000.00BNP Paribas S.A. Niederlassung Frankfurt am Main
    
    UBS AG, London Branch
    
    
    1,660,243.27BNP Paribas S.A. Niederlassung Frankfurt am Main
    
    Zürcher Kantonalbank
    
    
    92,000,000.00




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Portions of Existing Lenders participations inLoans outstanding TransferredExisting Lender
    
    New Lender
    
    Commerzbank Aktiengesellschaft
    
    Barclays Bank PLC
    
    
    92,000,000.00Commerzbank Aktiengesellschaft
    
    BoA Netherlands Coöperatieve U.A.
    
    
    55,000,000.00Commerzbank Aktiengesellschaft
    
    Landesbank Baden-Württemberg, London Branch
    
    
    145,000,000.00Commerzbank Aktiengesellschaft
    
    UBS AG, London Branch
    
    
    17,779,918.91JPMorgan Chase Bank, N.A.
    
    Citibank N.A., Frankfurt Branch
    
    
    92,000,000.00JPMorgan Chase Bank, N.A.
    
    Credit Suisse
    
    
    55,000,000.00JPMorgan Chase Bank, N.A.
    
    Société Générale
    
    
    145,000,000.00JPMorgan Chase Bank, N.A.
    
    UBS AG, London Branch
    
    
    17,779,918.91Sumitomo Mitsui Banking Corporation
    
    Deutsche Postbank International S.A.
    
    
    55,000,000.00Sumitomo Mitsui Banking Corporation
    
    HVB Banque Luxembourg Société Anonyme
    
    
    145,000,000.00Sumitomo Mitsui Banking Corporation
    
    Nordea Bank Finland Plc, Niederlassung Deutschland
    
    
    92,000,000.00Sumitomo Mitsui Banking Corporation
    
    UBS AG, London Branch
    
    
    17,779,918.91




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Part C
Allocation of participations in Loans outstanding following Transfers
 Participations in Loans outstandingLender
    
    (EUR)Deutsche Bank Luxembourg S.A.
    
    
    237,179,513.45ABN AMRO Bank N.V., Niederlassung Deutschland
    
    
    181,500,000.00BNP Paribas S.A. Niederlassung Frankfurt am Main
    
    
    181,500,000.00Commerzbank Aktiengesellschaft
    
    
    181,500,000.00JPMorgan Chase Bank, N.A.
    
    
    181,500,000.00Sumitomo Mitsui Banking Corporation
    
    
    181,500,000.00The Bank of Tokyo-Mitsubishi UFJ, Ltd., Düsseldorf Branch
    
    
    145,000,000.00Crédit Industriel et Commercial
    
    
    72,500,000.00Crédit Mutuel Banque de lEconomie du Commerce et de la Monétique
S.A. Niederlassung Deutschland
    
    
    72,500,000.00DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main
    
    
    145,000,000.00Fortis Banque Luxembourg S.A.
    
    
    145,000,000.00HVB Banque Luxembourg Société Anonyme
    
    
    145,000,000.00Intesa Sanpaolo S.p.A., Frankfurt Branch
    
    
    145,000,000.00Landesbank Baden-Württemberg, London Branch
    
    
    145,000,000.00Société Générale
    
    
    145,000,000.00




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Participations in Loans outstandingLender
    
    (EUR)Barclays Bank PLC
    
    
    92,000,000.00Citibank N.A., Frankfurt Branch
    
    
    92,000,000.00Nordea Bank Finland Plc, Niederlassung Deutschland
    
    
    92,000,000.00Zürcher Kantonalbank
    
    
    92,000,000.00BoA Netherlands Coöperatieve U.A.
    
    
    55,000,000.00Credit Suisse
    
    
    55,000,000.00Deutsche Postbank International S.A.
    
    
    55,000,000.00Morgan Stanley Bank
    
    
    55,000,000.00UBS AG, London Branch
    
    
    55,000,000.00TOTAL
    
    
    2,947,679,513.45




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SIGNATORIES TO THE ACCESSION AGREEMENT
 THE BORROWER
 SAP AGBy: /s/ DR. BRANDT
    
    /s/ SCHOLTEN
 THE MANDATED LEAD ARRANGERS
 DEUTSCHE BANK AGBy: /s/ GAAB
    
    /s/ NEIDERT
  By: /s/ GRUNWALD
    
    /s/ MEISER
  By: /s/ SCHRÖTER
    
    /s/ CÉBÉLIEN
  By: /s/ SCHERFF
    
    /s/ RICHEBÄCHER
  By: /s/ BLACKBOROUGH
  By: /s/ LEGENS
    
    /s/ KLEIN




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THE EXISTING LENDERS
  By:
    
    /s/ BUDZISCH
    
    /s/ BREYER-SIMSKI
  By:
    
    /s/ GRUNWALD
    
    /s/ MEISER
  By:
    
    /s/ SCHRÖTER
    
    /s/ CÉBÉLIEN
  By:
    
    /s/ BOTHE
    
    /s/ WEINACHT
  By:
    
    /s/ BLACKBOROUGH
  By:
    
    /s/ LEGENS
    
    /s/ KLEIN




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14 THE NEW LENDERS
  By:
    
    /s/ TRENOUTH
  By:
    
    /s/ DESLAURIERS
    
    /s/ PLATTARD
  By:
    
    /s/ FOLLINI
    
    /s/ LORANG
  By:
    
    /s/ PELZER
  By:
    
    /s/ WEINS
    
    /s/ THILL
  By:
    
    /s/ MOOS
    
    /s/ MÖLLER
  By:
    
    /s/ PERAZZO
    
    /s/ RÜCKER
  By:
    
    /s/ MARCH
    
    /s/ LAVIOLETTE
  By:
    
    /s/ BECK
    
    /s/ ENGELHARD




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15  By:
    
    /s/ POPE
  By:
    
    /s/ KROHN
  By:
    
    /s/ HASTRICH
    
    /s/ LARSEN
  By:
    
    /s/ POLTERA
    
    /s/ SCHMIDLIN
  By:
    
    /s/ STAGG
    
    /s/ BROUWEN
  By:
    
    /s/ KRAMER
    
    /s/ SCHWARZENBERGER
  By:
    
    /s/ BRANDT
    
    /s/ LAUDWEIN
  By:
    
    /s/ CROSS
  By:
    
    /s/ VANCE
    
    /s/ HERBERT




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16 THE OFFER GUARANTOR
  By:
    
    /s/ DRAY
    
    /s/ MARTINELLI
 THE AGENT
  By:
    
    /s/ BELHOSTE
    
    /s/ EWERHARDY