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EXHIBIT 4.19 EXECUTIVE BOARD CONTRACT Between SAP Aktiengesellschaft
Systeme, Anwendungen, Produkte
in der Datenverarbeitung
Neurottstrasse 18
69190 Walldorf, Germany - herein: SAP- and Mr. Gerhard Oswald
Am Haagen 10
69168 Wiesloch Article 1
Tasks  1.
    Following a resolution by the supervisory board on March 8, 1996 Mr. Oswald is
appointed as a representative member of the SAP executive board with effect from January 1,
1996. Acting jointly with another executive board member or with one registered authorized
officer of SAP (a procurist in the meaning of the German Commercial Code, sections 48-53),
he is empowered to act for and on behalf of SAP.  2.
    Mr. Oswald will lead SAP jointly with other executive board members in accordance with
the law, the articles of incorporation, the executive board rules of procedure, and this
contract. He must put his entire working effort at SAPs disposal. Paid secondary
employment requires the approval of the supervisory board. He is free to determine his own
working hours.




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- 2 - Article 2
Compensation  1.
    For his work, Mr. Oswald will receive  a)
    A fixed annual salary of DM 300,000.00.b)
    A directors profit-sharing bonus set each year by the supervisory board,
represented by its chairperson.  2.
    The annual salary will be paid retroactively at the end of each month in 12 equal
monthly installments.  3.
    The directors profit-sharing bonus for the fiscal year will be paid at the end of the
month after the financial statements have been adopted.  4.
    SAP will make a car available to Mr. Oswald free of charge in accordance with the SAP
regulations. The car can be used for business and private purposes. All income tax on the
benefit in kind in respect of private use will be borne by Mr. Oswald.  5.
    Mr. Oswalds expenses as a result of SAP business will be reimbursed to the appropriate
extent.  6.
    If Mr. Oswald is unable to work due to illness, he will continue to receive his salary
after the statutory period of sickness pay has expired for a period ending six months after
the first day of illness or at the end of this contract, whichever is the earlier. Article 3
Leave Mr. Oswald is entitled to 35 days annual leave. Leave does not have to be taken all at once.




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- 3 - Article 4
Term Duties at the end of this contract  1.
    The term of this contract commences on January 1, 1996 and extends until December 31,
2000.It will extend by successive terms of four years unless terminated by either of the parties
giving not less than one years written notice to the other before it expires. It will end
without prior notice at the end of the period of three months following Mr. Oswalds
attainment of the age of 65. However this contract will end before Mr. Oswalds attainment
of the age of 65 if he terminates it during the period between attainment of the age of 62
and attainment of the age of 64 by giving one years notice.  2.
    If during the term of this contract Mr. Oswald becomes permanently unable to work, this
contract will end at the end of the quarter in which the permanent inability to work was
determined. For the purposes of this contract, a permanent inability to work would be if
Mr. Oswald were unable to perform his work during a period of more than one year and it
were not expected that he be able to start work again within the following six months.  3.
    Mr. Oswald undertakes to keep locked away all business documents and other written
documents as well as any reproductions or copies and to deliver them to the executive board
or a representative of the executive board at any time if requested and at the end of this
contract without being requested to do so. Mr. Oswald is not entitled to retain such
documents, other written documents, reproductions, or copies. Article 5
In-service inventions The provisions of the German Employee Inventions Act apply to inventions made by Mr. Oswald during
the term of this contract. Only SAP may exploit technical and organizational suggestions for
improvement made by Mr. Oswald and they are not subject to special compensation.




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- 4 - Article 6
Insurance Mr. Oswald is entitled to insurance coverage for death, invalidity, and accident. Under SAPs group
insurance contracts, insurance coverage equals  In case of death                   two times the annual salary
  In case of invalidity            three times the annual salary All income tax on the benefit in kind will be borne by Mr. Oswald. Article 7
Retirement and dependents pension plan Mr. Oswald and his dependents are entitled to a retirement pension, invalidity pension, and widows
pension. This entitlement is governed by the benefits plan document dated January 1, 1991. This replaces the
retirement benefits entitlement under the SAP AG relief fund. Article 8
Noncompete agreement  1.
    During the term of this contract Mr. Oswald will not hold an interest in any company
that competes with SAP or in any company that does a significant amount of business with
SAP. Shareholdings that do not enable any influence on the governing bodies of the company
concerned are not deemed to be an interest for the purposes of this provision.  2.
    If the noncompete agreement is breached, SAP is entitled to require that the breach
cease and claim in full for damages.




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- 5 - Article 9
Miscellaneous provisions If any provision in this contract is or becomes ineffective in whole or in part, such
ineffectiveness does not affect any other provision herein. The ineffective provision must be
replaced, to the extent possible in law, by a reasonable provision that comes closest to what the
parties intended or would, in the light of the business purpose, have intended if they had
considered the ineffectiveness of the provision. Walldorf, March 8, 1996 /s/  BERND THIEMANNThe supervisory board
Represented by its chairperson
    
    /s/  GERHARD OSWALDGerhard Oswald