<PAGE>   1
                                                                  EXHIBIT 10.09

                             COMSHARE, INCORPORATED

                          INCENTIVE BONUS ARRANGEMENTS
                             FOR EXECUTIVE OFFICERS


For fiscal 1995-1997, the Company established the Executive Officer Annual
Incentive Award Program to benefit its executive officers. A description of the
arrangements is set forth below.

Fiscal 1995-1997

The executive officers of the Company are the participants in the Comshare
Executive Officer Annual Incentive Award Program (the "Program") for fiscal
years 1995-1997. Under the Program, the Company's senior executives may be paid
bonuses from an award pool to be allocated among the executives pro rata in
accordance with their base salaries.

1995-1997 Bonus Pools. The 1995-1997 Bonus Pools are determined in accordance
with an earnings per share base line, based upon earnings per share targets in
fiscal years 1995, 1996, and 1997. The award pool determination is an addition
or subtraction of $10,000 for each cent per share that earnings per share
results deviate from the earnings per share target base line; provided, however,
that the Board of Directors has discretion to adjust the award pool for items
including, but not limited to, unusual items which impact earnings per share
results.

The 1995-1997 Bonus Pools are adjusted downward for each fiscal year of the
Program if certain revenue and free cash flow targets are not achieved. If in
the next fiscal year (other than fiscal year 1998) cash and free cash flow goals
are exceeded, the downward adjustment can be reversed to the extent of the
adjustment in the prior year.

Two-thirds of the amount of bonuses payable under the Program in fiscal years
1995, 1996 and 1997 is paid out in the year earned and one-third of the amount
of bonuses payable under the Program in fiscal years 1995 and 1996 is deferred
and, except for the deferred portion of the fiscal year 1997 bonus pool, added
to the participant's bonus for the next fiscal year or is used to offset any
negative bonus amounts generated under the Program in a subsequent fiscal year.
If performance in any fiscal year is below threshold levels, a negative bonus
pool amount will result. This negative bonus pool amount will be allocated among
the participants and will first be used to reduce the deferred portion of the
bonus pool from the prior fiscal year, if any, and the remainder will reduce the
bonus pool amount for the next fiscal year. Payments, if any, will be made on or
about July 31 following the fiscal year in which they are earned to executive
officers employed by the Company on the date of payment.

One-third of the amount of the bonus payable under the Program in fiscal year
1997 (the "1997 LTIP Award") will be deferred and separately maintained. It will
not be credited toward amounts to be paid under the Program in fiscal year 1998,
nor will it be reduced by a negative bonus pool amount



<PAGE>   2


in fiscal year 1998. The 1997 LTIP Award will be increased or decreased annually
by a percentage of the 1997 LTIP Award equal to the percentage increase (if in
excess of certain minimum levels and if earnings per share increases by certain
minimum levels), or percentage decrease, in the Company's revenues for the
fiscal year as compared to the prioir year's revenue. All 1997 LTIP Award
amounts remaining in the bonus pool at July 31, 2000 will be paid to the
participants employed by the Company at that time, or, if earlier, upon a
participant's retirement under normal circumstances on or after age 60.






























                                        2