Exhibit
      10.1

    


    ELEVENTH
      AMENDMENT TO EMPLOYMENT AGREEMENT

    


    This
      Eleventh
      Amendment to the Employment Agreement is effective the 21st
      day of
      November, 2008 (the “Eleventh Amendment”), by and between MICROS SYSTEMS, INC.,
      a Maryland corporation, with offices located at 7031 Columbia Gateway Drive,
      Columbia, Maryland 21046-2289 (hereinafter referred to as the "Company"), and
      A.
      L. GIANNOPOULOS, whose address is 7031 Columbia Gateway Drive, Columbia,
      Maryland 21046-2289 (hereinafter referred to as the “Executive”).

    


    WHEREAS,
      the Executive and the Company entered into an Employment Agreement dated June
      1,
      1995, as amended (the agreement as amended hereinafter referred to as the
“Agreement”); and

    


    WHEREAS,
      the parties hereto would like to amend the Agreement pursuant to this Eleventh
      Amendment.

    


    NOW,
      THEREFORE, the Company and the Executive, for good and valuable consideration,
      and pursuant to the terms, conditions, and covenants contained herein, hereby
      agree as follows:

    


    1.
      Section 3 of the Agreement, captioned “Term”, shall be deleted in its entirety
      and the following new language inserted in lieu thereof:

    


    “The
      term
      of this Agreement shall commence upon the day and year first above written
      (“Commencement Date”) and shall continue until June 30, 2014, unless sooner
      terminated, as provided herein.”

    


    2.
      Section 4 of the Agreement, captioned “Salary”, is amended by appending to the
      existing salary chart the following new rows:

    


    
      	
              Period

            	 	
              Salary

            	 
	
              July
                1, 2011 through June 30, 2012

            	 	
              $

            	
              2,000,000

            	 
	
              July
                1, 2012 through June 30, 2013

            	 	
              $

            	
              2,000,000

            	 
	
              July
                1, 2013 through June 30, 2014

            	 	
              $

            	
              2,000,000

            	 


    

    


    3.
      Section 5 of the Agreement, captioned “Bonuses”, is amended by appending to the
      existing bonus chart the following new rows:

    


    
      	
              Fiscal
                Year Ending

            	 	
              Target Bonus

            	 
	
              June
                30, 2012

            	 	
              $

            	
              1,000,000

            	 
	
              June
                30, 2013

            	 	
              $

            	
              1,500,000

            	 
	
              June
                30, 2014

            	 	
              $

            	
              2,000,000

            	 


    

    


    4.
      The
      first paragraph of Section 16(c)(3) of the Agreement shall be deleted in its
      entirety and the following new language inserted in lieu
      thereof:


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    “Payment
      Upon Termination By The Company. If the Company terminates the Executive's
      employment for any reason other than Good Cause, the Executive shall be entitled
      to receive from the Company and the Company shall pay to the Executive in one
      lump sum, within fifteen (15) days following the Executive's termination of
      employment, all of the salary and Target Bonus payments provided for in Sections
      4 and 5 of this Agreement for the period beginning on the date of the
      Executive's termination of employment and ending on June 30, 2014.”

    


    5.
      The
      first paragraph of Section 16(c)(4) of the Agreement shall be deleted in its
      entirety and the following new language inserted in lieu thereof:

    


    “Payment
      Upon Termination By The Executive. If the Executive terminates his employment
      with the Company for Good Reason, he shall be entitled to receive from the
      Company and the Company shall pay to the Executive in one lump sum, within
      fifteen (15) days following the date of the Executive's termination of
      employment, all of the salary and Target Bonus payments provided for in Sections
      4 and 5 of this Agreement for the period beginning on the date of the
      Executive's termination and ending on June 30, 2014.”

    


    6.
      All
      other provisions of the Agreement shall remain in full force and
      effect.

    


    IN
      WITNESS WHEREOF, the parties have executed this Eleventh Amendment as of the
      dates indicated below, the effective date of this Eleventh Amendment being
      the
      21st
      day of
      November, 2008.

    


    
      	 	 	
              COMPANY:

            	 	 
	
              ATTEST:

            	 	
              MICROS
                SYSTEMS, INC.

            	 	 
	 	 	 	 	 	 
	  
	 	
              By:

            	   
	 	
              (SEAL)

            
	 	 	 	
              John
                G. Puente

            	 	 
	 	 	 	
              Chairman,
                Compensation Committee

            	 	 
	
              [Corporate
                Seal]

            	 	 	 	 	 
	 	 	
              EXECUTIVE:

            	 	 
	
              WITNESS:

            	 	 	 	 	 
	 	 	 	 	 	 
	  
	 	   
	 	 
	 	 	
              A.
                L. GIANNOPOULOS