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By email
    th closing opening
  §
    
    3,500 shares will vest after three months (i.e., on the 90th day following your date of hire)§
    
    3,500 shares will vest after six months (180 days following your date of hire)§
    
    All remaining shares (15,000) will vest over a three year period, with 1/3 of the shares
vesting annually on each anniversary of the Effective Date, so that the Restricted Stock
Grant will be fully vested on the third anniversary of the Effective Date.
 Business Objects Americas . . .  . .




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Business Objects Americas . . .  . .




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Signed:
    
    /s/ David Kennedy
    
    
    
    Date: 4/4/2007
 Business Objects Americas . . .  . .




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Addendum A
 
 Relocation Agreement
Permanent Relocation
 Employee Name:
    
    David KennedyDate of Agreement:
    
    April 20, 2007Anticipated Start Date:
    
    April 30, 2007Position:
    
    Senior Vice President, General Counsel &
Corporate SecretaryCurrent Location:
    
    Greenwich, CTNew Location:
    
    San Jose, CA
 Policy Administration
 Objective
  Ø
    
    Miscellaneous Allowance ($10,000)Ø
    
    Home Finding TripØ
    
    Shipment of Household goodsØ
    
    Auto shipment (2 vehicles)Ø
    
    Temporary Storage (90 days)Ø
    
    Temporary Living (90 days)Ø
    
    Temporary Automobile Rental (90 days)Ø
    
    Travel to new locationØ
    
    Home Sale Assistance
   Confidential
    
    Page 1 of 5
    
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Exceptions
  Eligibility
  Ø
    
    You are a newly hired employee, or you are a current employee
transferring from one Company location to another at the Companys request.Ø
    
    Your new workplace is at least 50 miles farther from your current
residence than your old workplace was from your current residence.Ø
    
    Any dependents receiving relocation benefits outlined in this agreement
currently reside with you in your current residence, will reside with you at
your new residence, and are considered eligible for coverage under the
Companys Health Benefits program.
 Administration
  Charles Mah
 Tax Implications of Relocation Expenses
 .
 Employment Requirements
  Confidential
    
    Page 2 of 5
    
    5/9/2007




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Booking Arrangements & Cost Administration
 American Express
 Expense Reimbursements
  Approved Provisions:
 Miscellaneous Allowance
    $10,000 USD
 Home Finding Assistance Trip
   Ø
    
    Actual cost of return advanced purchase economy class airfare for you and your spouseØ
    
    Lodging at an agreed price with Business ObjectsØ
    
    Rental costs for an economy class rental carØ
    
    Reasonable car-related costs for parking fees and gas
 Confidential
    
    Page 3 of 5
    
    5/9/2007




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Shipment of Household Goods/Personal Effects and Temporary Storage
  Ø
    
    Packing, loading, moving, unloading, and temporary storage, if needed, for a period
not to exceed 90 days, including handling fees and charges for delivery from storage to the
new residence.Ø
    
    Shipment of 2 vehicles via land transport. Insurance coverage for full replacement
value of the transported household goods. Additional insurance coverage is your
responsibility. You should prepare a detailed inventory prior to shipment of items of
extraordinary value.
 Ineligible Items
  Ø
    
    Recreational Vehicles such as Campers, Boats, Horse trailersØ
    
    High value items, including, antiques, artwork and wine collectionsØ
    
    AquariumsØ
    
    FirewoodØ
    
    Building Materials
 Travel (En-route) Expenses
  Ø
    
    Actual cost of a direct advanced purchase one-way economy class airfare for you and
each authorized accompanying dependent from your old location to the new location.
Please contact American Express Travel to make arrangements.
 Temporary Living
 Ø
    
    To assist you in the transition to your permanent accommodation, the following
benefits will be covered by the Company if required (should you move into your
permanent accommodations upon arrival to your new destination this service will not be
available to you):
 Ø
    
    Temporary lodging (as per current Company guidelines) for you and your authorized
accompanying dependents for a maximum of 90 days.Ø
    
    Utility bills and reasonable phone bills (excluding long-distance charges)Ø
    
    Economy size rental car for a maximum of 90 daysor until your vehicle arrives, whichever is sooner.
 Home Sale
  Confidential
    
    Page 4 of 5
    
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Buyer Value Option Program  Home sale Assistance:
   /s/ David KennedyEmployee Signature
 4/24/2007Date
 Distribution:
    
    Charles MahJohn SchwarzMichelle Crist
 Confidential
    
    Page 5 of 5
    
    5/9/2007