Document:

Form of Restricted Stock Agreement.

 Exhibit 10.19 
 TIBCO SOFTWARE INC. 
 NOTICE OF AWARD OF RESTRICTED STOCK UNITS 
 Unless otherwise defined herein, the terms defined in the 1996 Stock Option Plan (the “Plan”) will have the same defined meanings in this
Notice of Award and in the Terms and Conditions of Restricted Stock Units (the “Agreement”), attached hereto as Appendix A. 
 Name: [insert name] (the “Employee”) 
 You have been granted the right to receive restricted stock units
(“Restricted Stock Units”), subject to the terms and conditions of the Plan, the Agreement and this Notice of Award as follows: 
  

			
	Award Number	  	 
	Date of Award	  	 
	Vesting Commencement Date	  	 
	Total Number of Restricted Stock Units	  	 

 Vesting Schedule: 
 One-fourth (1/4th) of the Restricted Stock Units will vest one (1) year after
the Vesting Commencement Date (i.e., the first annual anniversary of the Vesting Commencement Date), and an additional one-fourth (1/4th) of the Restricted Stock Units will vest on each of the next three (3) annual
anniversaries of the Vesting Commencement Date, so that 100% of the Restricted Stock Units will be vested four (4) years from the Vesting Commencement Date, subject to the following sentence (the “Original Vesting Schedule”). On any
scheduled vesting date, Restricted Stock Units will not vest in accordance with any of the provisions of this Notice of Award or the Agreement unless the Employee remains a Service Provider through such vesting date. If a “Change of
Control” (as defined in the Agreement) occurs while the Employee is a Service Provider, then the first sentence of this paragraph shall be deemed replaced by the following (which shall be applied both retroactively and prospectively):
One-thirty-sixth (1/36th) of the Restricted Stock Units will vest each month after the Vesting Commencement Date on the same day of the month as the Vesting Commencement Date, so that 100% of the Restricted Stock Units will be vested
three (3) years from the Vesting Commencement Date, subject to the last sentence of this paragraph (the “Change of Control Vesting Schedule”). The additional Restricted Stock Units that vest as a result of the preceding sentence and
are attributable to the period prior to the date of the Change of Control shall be considered to have vested as of the date of the Change of Control and shall be paid as soon as administratively practicable following such date, subject to paragraph
6 of the Agreement. In the event the Employee ceases to be a Service Provider for any or no reason (including death or Disability) before the Employee vests in the right to acquire the Shares to be issued pursuant to the Restricted Stock Unit, the
Restricted Stock Unit and the Employee’s right to acquire any Shares hereunder will immediately terminate. 
  

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 By signing below, you acknowledge that this award of Restricted Stock Units is granted under and governed
by the terms and conditions of the Plan and the Agreement, both of which are made a part of this document. By signing this Notice of Award, the Employee represents that he or she has reviewed the Plan, the Agreement and this Notice of Award in their
entirety and fully understands all provisions of the Plan, the Agreement and this Notice of Award. 
  

	
	EMPLOYEE:
	
	  
	Signature
	
	 
	Print Name

  

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 APPENDIX A 
 TERMS AND CONDITIONS OF RESTRICTED STOCK UNITS 
 1. Award. The Company hereby grants to the
Employee under the Plan an award of Restricted Stock Units, subject to all of the terms and conditions in this Agreement (including Exhibit A hereto), the attached Notice of Award and the Plan. If and when any Restricted Stock Units are paid to the
Employee, par value for the Shares issued will be deemed paid by the Employee by past services rendered by the Employee. 
 2.
Company’s Obligation to Pay. Each Restricted Stock Unit has a value equal to the Fair Market Value of a Share on the date it becomes vested. Unless and until the Restricted Stock Units will have vested in the manner set forth in
paragraphs 3 and 4, the Employee will have no right to payment of any such Restricted Stock Units. Prior to actual payment of any vested Restricted Stock Units, such Restricted Stock Unit will represent an unsecured obligation of the Company,
payable (if at all) only from the general assets of the Company. Payment of any vested Restricted Stock Units will be made in whole Shares only. 
 3. Vesting Schedule. Subject to paragraphs 4 and 5, the Restricted Stock Units awarded by this Agreement and the attached Notice of Award will vest in the Employee according to the vesting schedule set forth on the attached Notice of
Award, subject to the Employee continuing to be a Service Provider through each such vesting date. 
 4. Administrator Discretion. The
Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the Restricted Stock Units at any time, subject to the terms of the Plan. If so accelerated, such Restricted Stock Units will be
considered as having vested as of the date specified by the Administrator. If the Administrator, in its discretion, accelerates the vesting of the balance, or some lesser portion of the balance, of the Restricted Stock Units, the payment of such
accelerated amount nevertheless shall be made at the same time or times as if such Restricted Stock Units had vested in accordance with the vesting schedule set forth on the attached Notice of Award (whether or not the Employee remains employed by
the Company or a Subsidiary as of such date(s)). 
 5. Forfeiture upon Termination of Continuous Service. Notwithstanding any contrary
provision of this Agreement or the attached Notice of Award, if the Employee ceases to be a Service Provider for any or no reason, the then-unvested Restricted Stock Units awarded by this Agreement and the attached Notice of Award will thereupon be
forfeited at no cost to the Company and the Employee will have no further rights thereunder. 
 6. Payment after Vesting. Any
Restricted Stock Units that vest in accordance with paragraph 3 will be paid to the Employee (or in the event of the Employee’s death, to his or her estate) in whole Shares as soon as administratively practicable after vesting, subject to
paragraph 8 and the other provisions of this Agreement. Any Restricted Stock Units that vest in accordance with paragraph 4 will be paid to the Employee at the time(s) provided in paragraph 4, subject to paragraph 8 and the other provisions of this
Agreement. Notwithstanding the foregoing, to the extent required by Section 409A of the Code (“Section 409A”), any Restricted Stock Units that vest in accordance with the Change of Control Vesting Schedule will be paid to the Employee
at the same time or times as if such Restricted Stock Units had vested in accordance with the Original Vesting Schedule. 
  

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 7. Payments after Death. Any distribution or delivery to be made to the Employee under this
Agreement will, if the Employee is then deceased, be made to the administrator or executor of the Employee’s estate. Any such administrator or executor must furnish the Company with (a) written notice of his or her status as transferee,
and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer. 
 8. Withholding of Taxes. Regardless of any action the Company or the Employee’s employer (the “Employer”) takes with respect to any or all income tax (including foreign, federal, state and local
taxes), social insurance, payroll tax, payment on account or other tax-related withholding (“Tax Related Items”), the Employee acknowledges that the ultimate liability for all Tax Related Items legally due by the Employee is and remains
the Employee’s responsibility and that the Company and/or the Employer (i) make no representations or undertakings regarding the treatment of any Tax Related Items in connection with any aspect of the Restricted Stock Units, including the
award of Restricted Stock Units, the vesting of Restricted Stock Units, the issuance of Shares in settlement of Restricted Stock Units, the subsequent sale of any Shares acquired at vesting and the receipt of any dividends; and (ii) do not
commit to structure the terms of the award or any aspect of the Restricted Stock Units to reduce or eliminate the Employee’s liability for Tax Related Items. 
 Prior to the issuance of Shares upon vesting of Restricted Stock Units, the Employee shall pay, or make adequate arrangements satisfactory to the Company or to the Employer (in their sole discretion) to satisfy all
withholding and payment on account obligations of the Company and/or the Employer. In this regard, the Employee authorizes the Company or the Employer to withhold all applicable Tax Related Items legally payable by the Employee from the
Employee’s wages or other cash compensation payable to the Employee by the Company or the Employer. Alternatively, or in addition, if permissible under local law, the Company or the Employer may, in their sole discretion, (i) sell or
arrange for the sale of Shares to be issued on the vesting of Restricted Stock Units to satisfy the withholding or payment on account obligation, and/or (ii) withhold in Shares, provided that the Company and the Employer shall withhold only the
amount of Shares necessary to satisfy the minimum withholding amount. The Employee shall pay to the Company or to the Employer any amount of Tax Related Items that the Company or the Employer may be required to withhold as a result of the
Employee’s receipt of Restricted Stock Units, the vesting of Restricted Stock Units, or the issuance of Shares in settlement of vested Restricted Stock Units that cannot be satisfied by the means previously described. The Company may refuse to
deliver Shares to the Employee if the Employee fails to comply with the Employee’s obligation in connection with the Tax Related Items as described herein. 
 9. Rights as Stockholder. Neither the Employee nor any person claiming under or through the Employee will have any of the rights or privileges of a stockholder of the Company in respect of any Shares
deliverable hereunder unless and until certificates representing such Shares will have been issued, recorded on the records of the Company or its transfer agents or registrars, and delivered to the Employee (including through electronic delivery to
a brokerage account). After such issuance, recordation and delivery, the Employee will have all the rights of a stockholder of the Company with respect to voting such Shares and receipt of dividends and distributions on such Shares.

  

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 10. No Effect on Employment. The terms of the Employee’s employment with his or her Employer
are governed by applicable local law and any relevant employment agreement. This Agreement and the attached Notice of Award do not constitute an express or implied promise of continued employment for any period of time. The Employee may terminate
his or her employment and the Employer may terminate the Employee’s employment in accordance with applicable local law and any relevant employment agreement. 
 11. Acknowledgment of Nature of Award. In accepting the award of Restricted Stock Units, the Employee acknowledges that: 
 (a) the Plan is established voluntarily by the Company, it is discretionary in nature and may be modified, amended, suspended or
terminated by the Company at any time, as provided in the Plan; 
 (b) the award of Restricted Stock Units is voluntary and
occasional and does not create any contractual or other right to receive future awards of Restricted Stock Units, or benefits in lieu of Restricted Stock Units even if Restricted Stock Units have been awarded repeatedly in the past; 
 (c) all decisions with respect to future awards, if any, will be at the sole discretion of the Company; 
 (d) the Employee’s participation in the Plan is voluntary; 
 (e) Restricted Stock Units are an extraordinary item that does not constitute compensation of any kind for services of any kind rendered
to the Company or to the Employer, and Restricted Stock Units are outside the scope of the Employee’s employment contract, if any; 
 (f) Restricted Stock Units are not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculation of any severance, resignation, termination, redundancy, end of service
payments, bonuses, long-service awards, pension or retirement benefits or similar payments; 
 (g) neither the award of
Restricted Stock Units nor any provision of this Agreement, the attached Notice of Award, the Plan or the policies adopted pursuant to the Plan confer upon the Employee any right with respect to employment or continuation of current employment, and
in the event that the Employee is not an employee of the Company, Restricted Stock Units shall not be interpreted to form an employment contract or relationship with the Company; 
 (h) the future value of the underlying Shares is unknown and cannot be predicted with certainty; 
 (i) if the Employee receives Shares, the value of such Shares acquired on vesting of Restricted Stock Units may increase or decrease in
value; 
 (j) no claim or entitlement to compensation or damages arises from termination of Restricted Stock Units, and no
claim or entitlement to compensation or damages shall arise from any diminution in value of the Restricted Stock Units or Shares received upon vesting of Restricted Stock Units resulting from termination of the Employee’s employment by the
Employer (for any reason whatsoever and whether or not in breach of local labor laws) and 

  

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the Employee irrevocably releases the Company and the Employer from any such claim that may arise; if, notwithstanding the foregoing, any such claim is found
by a court of competent jurisdiction to have arisen, then, by signing the attached Notice of Award, the Employee shall be deemed irrevocably to have waived his or her entitlement to pursue such claim; and 
 (k) in the event of involuntary termination of the Employee’s employment (whether or not in breach of local labor laws), the
Employee’s right to receive Restricted Stock Units and vest under the Plan, if any, will terminate effective as of the date that the Employee is no longer actively employed and will not be extended by any notice period mandated under local law
(e.g., active employment would not include a period of “garden leave” or similar period pursuant to local law); furthermore, in the event of involuntary termination of employment (whether or not in breach of local labor laws), the
Employee’s right to receive Shares pursuant to the Restricted Stock Units after termination of employment, if any, will be measured by the date of termination of the Employee’s active employment and will not be extended by any notice
period mandated under local law; the Administrator shall have the exclusive discretion to determine when the Employee is no longer actively employed for purposes of the award of Restricted Stock Units. 
 12. Address for Notices. Any notice to be given to the Company under the terms of this Agreement and the attached Notice of Award will be
addressed to the Company, in care of Shareholder Services, TIBCO Software Inc., 3303 Hillview Avenue, Palo Alto, California, 94304, or at such other address as the Company may hereafter designate in writing. 
 13. Award is Not Transferable. Except to the limited extent provided in paragraph 6, Restricted Stock Units and the rights and privileges
conferred hereby cannot be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign,
pledge, hypothecate or otherwise dispose of Restricted Stock Units, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, Restricted Stock Units granted herein and the rights and
privileges conferred hereby immediately will become null and void. 
 14. Binding Agreement. Subject to the limitation on the
transferability of Restricted Stock Units contained herein, this Agreement and the attached Notice of Award will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto.

 15. Additional Conditions to Issuance of Stock. If at any time the Company will determine, in its discretion, that the listing,
registration or qualification of the Shares upon any securities exchange or under any foreign, state or federal law, or the consent or approval of any governmental regulatory authority is necessary or desirable as a condition to the issuance of
Shares to the Employee (or his or her estate), such issuance will not occur unless and until such listing, registration, qualification, consent or approval will have been effected or obtained free of any conditions not acceptable to the Company. The
Company will make all reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority. 
 16. Plan Governs. This Agreement and the attached Notice of Award are subject to all terms and provisions of the Plan. In the event of a conflict
between one or more provisions of 

  

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this Agreement and one or more provisions of the Plan, the provisions of the Plan will govern. In the event of a conflict between one or more provisions of
the attached Notice of Award and one or more provisions of the Plan, the provisions of the Plan will govern. 
 17. Administrator
Authority. The Administrator will have the power to interpret the Plan, this Agreement and the attached Notice of Award and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to
interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Restricted Stock Units have vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will
be final and binding upon the Employee, the Company and all other interested persons. No member of the Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan, this
Agreement and the attached Notice of Award. 
 18. Captions. Captions provided herein are for convenience only and are not to serve as
a basis for interpretation or construction of this Agreement. 
 19. Agreement Severable. In the event that any provision in this
Agreement or the attached Notice of Award will be held invalid or unenforceable, such provision will be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Agreement
or the attached Notice of Award. 
 20. Modifications to the Agreement. This Agreement and the attached Notice of Award constitute the
entire understanding of the parties on the subjects covered. The Employee expressly warrants that he or she is not accepting this Agreement or the attached Notice of Award in reliance on any promises, representations, or inducements other than those
contained herein and therein. Modifications to this Agreement, the attached Notice of Award or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in
the Plan, this Agreement or the attached Notice of Award, the Company reserves the right to revise this Agreement or the attached Notice of Award as it deems necessary or advisable, in its sole discretion and without the consent of the Employee, to
comply with Section 409A or to otherwise avoid imposition of any additional tax or income recognition under Section 409A prior to the actual payment of Shares pursuant to this award of Restricted Stock Units. 
 21. Change of Control. For purposes of this Agreement and the attached Notice of Award, a “Change of Control” means: 
 (a) Any “person,” as such term is used in Sections 13(d) and 14(d) of the U.S. Securities Exchange Act of 1934, as amended
(other than a group consisting of the Company stockholders as of the date of the closing and their Parents and Subsidiaries) that becomes the “beneficial owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of
securities of the Company representing 50% or more of the total voting power represented by the Company’s then outstanding voting securities; or 
 (b) The consummation of a merger, consolidation, reorganization or similar transaction in which the stockholders of the Company before such transaction (and their Parents and Subsidiaries) own less than 50% of the
voting stock or voting power of the surviving entity immediately after such transaction; or 
  

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 (c) The consummation of the sale or disposition by the Company of all or substantially
all of the Company’s assets. 
 22. Amendment, Suspension or Termination of the Plan. By accepting this Restricted Stock Unit
award, the Employee expressly warrants that he or she has received a conditional right to receive Shares issued under the Plan, and has received, read and understood a description of the Plan. The Employee understands that the Plan is discretionary
in nature and may be modified, suspended or terminated by the Company at any time. 
 23. Electronic Delivery. The Company may, in its
sole discretion, decide to deliver any documents related to Restricted Stock Units awarded under the Plan or future Restricted Stock Units that may be awarded under the Plan by electronic means or request the Employee’s consent to participate
in the Plan by electronic means. The Employee hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through an on-line or electronic system established and maintained by the Company or another third
party designated by the Company. 
 24. Data Privacy Notice and Consent. The Employee hereby explicitly and
unambiguously consents to the collection, use and transfer, in electronic or other form, of the Employee’s personal data as described in this Agreement by and among, as applicable, the Employer, the Company, its Subsidiaries and its affiliates
for the exclusive purpose of implementing, administering and managing the Employee’s participation in the Plan. 
 The
Employee understands that the Company and the Employer may hold certain personal information about the Employee, including, but not limited to, the Employee’s name, home address and telephone number, date of birth, social insurance number or
other identification number, salary, nationality, job title, any shares of stock or directorships held in the Company, details of all Restricted Stock Units or any other entitlement to Shares awarded, canceled, vested, unvested or outstanding in the
Employee’s favor, for the purpose of implementing, administering and managing the Plan (“Data”). The Employee understands that Data may be transferred to any third parties assisting in the implementation, administration and management
of the Plan, that these recipients may be located in the Employee’s country, or elsewhere, and that the recipient’s country may have different data privacy laws and protections than the Employee’s country. The Employee understands
that the Employee may request a list with the names and addresses of any potential recipients of the Data by contacting the Employee’s local human resources representative. The Employee authorizes the recipients to receive, possess, use, retain
and transfer the Data, in electronic or other form, for the purposes of implementing, administering and managing the Employee’s participation in the Plan, including any requisite transfer of such Data as may be required to a broker, escrow
agent or other third party with whom the Shares received upon vesting of the Restricted Stock Units may be deposited. The Employee understands that Data will be held only as long as is necessary to implement, administer and manage the
Employee’s participation in the Plan. The Employee understands that the Employee may, at any time, view Data, request additional information about the storage and processing of Data, require any necessary amendments to Data or refuse or
withdraw the consents herein, in any case without cost, by contacting in writing the Employee’s local human resources representative. The Employee understands that refusal or withdrawal of consent may affect the Employee’s ability to
participate in the Plan. For more information on the consequences of the Employee’s refusal to consent or withdrawal of consent, the Employee understands that the Employee may contact the Employee’s local human resources representative.

  

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 25. Language: If the Employee has received this Agreement, the attached Notice of Grant or any
other document related to the Plan translated into a language other than English and if the translated version is different that the English version, the English version will control. 
 26. Notice of Governing Law. This Agreement and the attached Notice of Grant shall be governed by the laws of the State of California, U.S.A.,
without regard to its principles of conflict of laws. For purposes of litigating any dispute that arises under this award of Restricted Stock Units, this Agreement or the attached Notice of Grant, the parties hereby submit to and consent to the
jurisdiction of the State of California, and agree that such litigation shall be conducted in the courts of Santa Clara County, California, or the federal courts of the United States for the Northern District of California, and no other courts where
this award of Restricted Stock Units is made and/or to be performed. 
  

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 EXHIBIT A 
 TO TERMS AND CONDITIONS 
 OF RESTRICTED STOCK UNITS 
 This Exhibit A, which is part of the Agreement, includes additional terms and conditions of the award of Restricted Stock Units that will apply to
Employees in the countries listed below. Please note that the exchange control information provided below is current as of July 2006, unless otherwise noted herein. However, exchange controls are subject to change and the Employee should consult his
or her personal advisor(s) with respect to the applicable exchange controls (if any) which may apply to the vesting of the Restricted Stock Units, acquisition and/or sale of the Shares. Capitalized terms used but not defined herein shall have the
same meanings assigned to them in the Plan, the Agreement and the Notice of Award. 
 Australia 
 The Employee’s Restricted Stock Unit award is granted pursuant to the Australian Addendum which is an addendum to the Plan. The Employee’s award
is subject to the terms and conditions as stated in the Australian Addendum, Offer Document, the Plan, the Notice of Award and the Agreement. The Employee will receive a copy of each of these documents when an award is made to him or her.

 Austria 
 The Employee acknowledges
that he or she may be entitled to revoke the Agreement on the basis of the Austrian Consumer Protection Act according to the following rules: 
  

	 	(i)	If the Employee accepts the award of Restricted Stock Units under the Plan, the Employee may be entitled to revoke his or her acceptance of the Agreement. The revocation must be
made within one week after the Employee has accepted the Agreement. 

  

	 	(ii)	The revocation must be in written form to be valid. It is sufficient if the Employee returns the Agreement to the Company or the Company’s representative with language that can
be understood as his or her refusal to conclude or honor the Agreement. It is sufficient if the revocation is sent within the period discussed above. 

 Belgium 
 No special provisions. 
 Brazil 
 By accepting this Restricted Stock Unit award, the Employee acknowledges that he or she agrees to comply with
applicable Brazilian laws and pay any and all applicable taxes associated with the vesting of the Restricted Stock Units and the sale of Shares. An Employee resident or domiciled in Brazil will be required to submit annually a declaration of assets
and rights held outside of Brazil to the Central Bank of Brazil if the aggregate value of such assets and rights is equal to or greater than US$100,000. Assets and rights that must be reported include Shares of Company stock. 
  

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 China 
 The Employee will be required to sell all Shares that he or she is entitled to at vesting and will receive the sale proceeds less brokerage fees and withholding taxes in cash. 
 France 
 The Employee may hold Shares obtained under the Plan outside of France provided that the
Employee declares all foreign accounts, whether open, current, or closed, in the Employee’s income tax return. 
 Germany 
 The Employee must report any receivables or payables or debts in foreign currency exceeding an amount of €5,000,000 on a monthly basis. In addition,
the Employee must report on an annual basis his or her share holdings in the Company in the unlikely event that Employees holds Shares representing 10% or more of the total or voting capital of the Company. 
 Hong Kong 
 Due to securities law restrictions in Hong
Kong, the Employee undertakes not to sell any Shares acquired under the Plan for at least six months from the date of award. 
 In the event
the Employee’s award is determined to be governed by the Occupational Retirement Schemes Ordinance, the Employee’s award may be cancelled. 
 India 
 By accepting the award of Restricted Stock Units, the Employee consents and agrees to satisfy any liability for
fringe benefit tax that may be payable by the Company and/or the Employer in connection with the Restricted Stock Units. Further, by accepting the award of Restricted Stock Units, the Employee agrees that the Company and/or the Employer may collect
the fringe benefit tax from the Employee by any of the means set forth in Section 8 of this Agreement. The Employee further agrees to execute any other consents or elections required to accomplish the above, promptly upon request of the
Company. 
 Proceeds from the sale of Shares must be repatriated to India within a reasonable period of time (i.e., two weeks). The
Employee should obtain a foreign inward remittance certificate from the bank for his or her records to document compliance with this requirement and submit a copy of the foreign inward remittance certificate to his or her Employer. 
 Ireland 
 Directors and shadow directors of an Irish
subsidiary are subject to certain notification requirements under the Companies Act. Directors and shadow directors must notify the Irish subsidiary in writing of their interest in the Company and the number and class of Shares or rights to which
the interest relates within five days of the acquisition or disposal of Shares or within five days of becoming aware of the event giving rise to the notification. This disclosure requirement also applies to any rights or Shares acquired by the
director’s spouse or children (under the age of 18). 
 Italy 
 Exchange control reporting is required if the Employee holds foreign investments outside of Italy (including Shares) in excess of €12,500 or the equivalent amount in U.S. dollars. If reporting is required, it
must be done on the Employee’s individual tax return. 
  

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 For data privacy purposes, the Controller of personal data processing is TIBCO Software
Inc., with registered offices in 3302 Hillview Avenue, Palo Alto, California, 94304, U.S.A., and pursuant to Legislative Decree no. 196/2003, its representative in Italy is TIBCO Software S.r.l. with registered offices at Via del Casale Solaro, 110,
Rome 00143, Italy. 
 Japan 
 No special provisions. 
 Luxembourg 
 No special provisions. 
 Malaysia 
 If the Employee is a director of a Malaysian Subsidiary of the Company, the Employee is subject to certain notification requirements under the Malaysian Companies Act, 1965. Among these requirements is an obligation
to notify the Malaysian Subsidiary in writing when the Employee receives an interest (e.g., Restricted Stock Units, Shares, etc.) in the Company or any related entity. In addition, the Employee must notify the Malaysian Subsidiary when the Employee
sells Shares of the Company or any related entity (including when the Employee sells Shares acquired under the Plan). These notifications must be made within fourteen days of acquiring or disposing of any interest in the Company or any related
entity. 
 Mexico 
 In accepting the
Restricted Stock Unit award, the Employee acknowledges that he or she understands and agrees that: (i) the award is not related to the salary and other contractual benefits granted to the Employee by the Employer; (ii) any modification of
the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Employee’s employment; and (iii) any benefit realized under the Plan is a fringe benefit. 
 Policy Statement. La invitación que la Compañía hace en relación con el Plan es unilateral y discrecional, por lo tanto, la
Compañía se reserva el derecho absoluto para modificar o terminar el mismo en cualquier momento, sin ninguna responsabilidad para el Opcionante. Esta invitación y, en el caso del Opcionante, la adquisición de acciones, de
ninguna manera establecen relación laboral alguna entre el Opcionante y la Compañía. Tampoco establece derecho alguno entre el Opcionante y su empleador. 
 English Translation. The invitation the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute
right to amend it and discontinue it at any time without any liability to the Employee. This invitation and, in Employee’s case, the acquisition of Shares does not, in any way, establish a labor relationship between the Employee and the Company
and it does not establish any rights between the Employee and the Employer. 
 Netherlands 
 No special provisions. 
  

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 Norway 
 No special provisions. 
 Portugal 
 If the Employee acquires Shares upon vesting and does not hold the Shares with a Portuguese financial intermediary, the Employee must file a report with the Portuguese Central Bank for statistical purposes. If the Shares are held by a
Portuguese financial intermediary, it will file the report for the Employee. 
 By accepting this award, the Employee acknowledges that he or
she understands and agrees that: (i) the grant of the award under the Plan will not create any obligation on the Company to grant Restricted Stock Units in the future; and (ii) the Employee recognizes the absolute right of the Company to
amend or cancel the Plan at any time without incurring any liability to the Employee. 
 Russia 
 When Employee acquires Shares upon vesting, the Shares will be held for Employee in a U.S. brokerage account. Employee will not be
permitted to request share certificates and hold the certificates in Russia. Employee may sell his or her Shares on a U.S. stock market; Employee is not permitted to sell shares in the Company directly to other Russian individuals. 
 This Agreement, the Plan and all other materials Employee may receive regarding his or her participation in the Plan do not constitute
advertising or an offering of securities in Russia. The issuance of securities pursuant to the Plan has not and will not be registered in Russia and hence the securities described in any Plan-related documents may not be used for offering or public
circulation in Russia. 
 All proceeds from the sale of Shares must be repatriated to Russia through an authorized bank in
Russia. After repatriation, Employee may transfer the funds to an “offshore” (foreign) bank account outside of Russia, but must give notice to the Russian tax authorities about the opening/closing of each foreign account within one month
after the account is opened/closed and report to the Russian tax authorities records of the flow of funds in the foreign accounts as well as records of the account balances. 
 Singapore 
 The grant of the award of Restricted Stock Units under the Plan is being made on a private
basis and is, therefore, exempt from registration in Singapore. 
 If the Employee is a director, associate director or shadow director of a
Singapore affiliate of the Company, the Employee is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Singaporean affiliate in writing when the Employee receives
an interest (e.g., Restricted Stock Units, Shares) in the Company or any related companies. Please contact the Company to obtain a copy of the notification form. In addition, the Employee must notify the Singapore affiliate when the Employee
sells Shares of the Company or any related company (including when the Employee sells Shares acquired pursuant to this award). These notifications must be made within two days of acquiring or disposing of any interest in the 

  

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Company or any related company. In addition, a notification must be made of the Employee’s interests in the Company or any related company within two
days of becoming a director. 
 South Africa 
 No special provisions. 
 South Korea 
 The following information is current as of May 2007. 
 If the Employee realizes US$500,000 or more from the sale of Shares
issued pursuant to the Restricted Stock Unit award, the Employee is required to repatriate the sale proceeds back to Korea within eighteen months of the sale. 
 Spain 
 In accepting the Restricted Stock Unit award, the Employee acknowledges that he or she consents to participation in
the Plan and has received a copy of the Plan. The Employee understands that the Company has unilaterally, gratuitously and discretionally decided to grant Restricted Stock Units under the Plan to individuals who may be employees of the Company or
its Subsidiaries throughout the world. The decision is a limited decision that is entered into upon the express assumption and condition that any award will not economically or otherwise bind the Company or any of its Subsidiaries on an ongoing
basis. Consequently, the Employee understands that the award is granted on the assumption and condition that the award or the Shares acquired pursuant to the award shall not become a part of any employment contract (either with the Company or any of
its Subsidiaries) and shall not be considered a mandatory benefit, salary for any purposes (including severance compensation) or any other right whatsoever. In addition, the Employee understands that this award would not be made to the Employee but
for the assumptions and conditions referred to above; thus, the Employee acknowledges and freely accepts that should any or all of the assumptions be mistaken or should any of the conditions not be met for any reason, then any award of Restricted
Stock Units shall be null and void. 
 To participate in the Plan, the Employee must comply with exchange control regulations in Spain. The
acquisition of Shares under the Plan must be declared for statistical purposes to the Spanish Dirección General de Política Comercial e Inversiones Exteriores (the “DGPCIE”), the Bureau for Commercial Policy and Foreign
Investments, which is a department of the Ministry of the Economy. The Employee must make the declaration himself or herself by filing a form with the DGPCIE. When receiving foreign currency payments derived from the ownership of Shares
(i.e., dividends or sale proceeds), the Employee must inform the financial institution receiving the payment of the basis upon which such payment is made. The Employee will need to provide the institution with the following information:
(i) the Employee’s name, address, and fiscal identification number; (ii) the name and corporate domicile of the Company; (iii) the amount of the payment; (iv) the currency used; (v) the country of origin; (vi) the
reasons for the payment; and (vii) further information that may be required. If the Employee acquires Shares under the Plan and wishes to import the ownership title of such Shares (i.e., share certificates) into Spain, the Employee must
declare the importation of such securities to the DGPCIE. 
  

 14 

 Sweden 
 No special provisions. 
 Switzerland 
 The offer is considered a private offering in Switzerland and is therefore not subject to registration in Switzerland. 
 Taiwan 

No special provisions. 
 United Arab Emirates

 No special provisions. 
 *
* * * * 
  

 15Form of Stock Option Agreement.

 Exhibit 10.20 
 TIBCO SOFTWARE INC. 
 STOCK OPTION AGREEMENT 
 A. Grant of Option. 
 Unless otherwise defined
herein, the terms defined in the TIBCO Software Inc. 1996 Stock Option Plan (the “Plan”) and the Notice of Grant shall have the same defined meanings in this Stock Option Agreement (the “Stock Option Agreement”). The Plan
Administrator of TIBCO Software Inc., a Delaware corporation (the “Company”), has granted to the Optionee named in the Notice of Grant an option (“Option”) to purchase a total number of shares of the Company’s Common Stock
(“Shares”) set forth in the Notice of Grant, at the exercise price per Share set forth in the Notice of Grant (the “Exercise Price”) subject to the terms, definitions and conditions of the Plan, which is incorporated herein by
reference, and this Stock Option Agreement. Subject to Section 16(c) of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of the Notice of Grant and this Stock Option Agreement, the
terms and conditions of the Plan shall prevail. 
 If designated in the Notice of Grant as a U.S. Incentive Stock Option (“ISO”),
the Option is intended to qualify as an ISO under Section 422 of the U.S. Internal Revenue Code. However, if the Option is intended to be an ISO, to the extent that it exceeds the $100,000 rule of Section 422(d) of the U.S. Internal
Revenue Code it shall be treated as a U.S. Non-Qualified Stock Option (“NQSO”). 
 B. Exercise and Vesting Schedule. 
 Subject to accelerated vesting as set forth below, the Option may be exercised, in whole or in part, in accordance with the vesting schedule set forth in
the Optionee’s Notice of Grant (the “Vesting Schedule”). In addition, if the Optionee has been issued ISOs and NQSOs on the same grant date, then the Vesting Schedule covers the aggregate number of shares granted under all types of
Options, ISOs and NQSOs combined, issued on the same grant date. 
 In the event of a “Change of Control” of the Company, the
Vesting Schedule shall be replaced in its entirety by the following vesting schedule, to be applied both retroactively and prospectively: 
 1/36th of the Shares subject to the Option shall vest each month after the vesting commencement date, as set forth in the Notice of Grant, on the same day of the month as the vesting commencement date, so that 100% of the Shares subject to
the Option shall be vested three (3) years from the vesting commencement date, subject to your remaining in continuous status as an Employee or Consultant as of such vesting dates. 
  

 1 

 For this purpose, a “Change of Control” of the Company is defined as: 
 (a) Any “person,” as such term is used in Sections 13(d) and 14(d) of the U.S. Securities Exchange Act of 1934, as amended
(other than a group consisting of the Company stockholders as of the date of the closing and their Parents and Subsidiaries) that becomes the “beneficial owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of
securities of the Company representing 50% or more of the total voting power represented by the Company’s then outstanding voting securities; or 
 (b) The consummation of a merger, consolidation, reorganization or similar transaction in which the stockholders of the Company before such transaction (and their Parents and Subsidiaries) own less than 50% of the
voting stock or voting power of the surviving entity immediately after such transaction; or 
 (c) The consummation of the
sale or disposition by the Company of all or substantially all of the Company’s assets. 
 C. Post Termination Exercise Period. 
 The Option may be exercised for three (3) months after the Optionee ceases to be a Service Provider, which shall be measured from the last day of
active service and not extended by any notice period required under local law. Notwithstanding the foregoing, in the event that the Optionee ceases to be a Service Provider as a result of a violation by the Service Provider of the Company’s
policies (including, the Code of Business Conduct and Ethics and other policies set forth in the Employee Handbook), the Option shall terminate immediately on the date upon which Optionee ceases to be a Service Provider and shall no longer be vested
or exercisable in any respect. Upon the death or Disability of the Optionee, the Option may be exercised for twelve (12) months after the Optionee ceases to be a Service Provider. In no event shall the Option be exercised later than the
expiration date of the Option. 
 D. Exercise of Option. 
 (1) Right to Exercise. The Option is exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Grant and the applicable provisions of the Plan and this Stock Option Agreement.

 (2) Method of Exercise. Unless otherwise noted in Section D(3) below, the Option is exercisable by delivery of an exercise notice,
which shall state the election to exercise the Option, the number of Shares in respect of which the Option is being exercised (the “Exercised Shares”), and such other representations and agreements as may be required by the Company
pursuant to the provisions of the Plan. The exercise notice shall be completed by the Optionee and delivered to Shareholder Services at the Company. The exercise notice shall be accompanied by payment of the aggregate Exercise Price as to all
Exercised Shares. The Option shall be deemed to be exercised upon receipt by the Company of such fully executed exercise notice accompanied by such aggregate Exercise Price. 
  

 2 

 No Shares shall be issued pursuant to the exercise of the Option unless such issuance and
exercise complies with applicable laws. Assuming such compliance, for income tax purposes the Exercised Shares shall be considered transferred to the Optionee on the date the Option is exercised with respect to such Exercised Shares. 
 (3) Method of Payment. 
 Unless stated otherwise in this Stock Option Agreement, payment of the aggregate Exercise Price shall be by any of the following, or a combination thereof, at the election of the Optionee and to the extent permitted by the Administrator:

 (a) cash; or 
 (b) check; or 
 (c) for U.S. employees, surrender of other Shares which (i) in the case
of Shares acquired upon exercise of an option, have been owned by the Optionee for more than six (6) months on the date of surrender, and (ii) have a Fair Market Value on the date of surrender equal to the aggregate Exercise Price of the
Exercised Shares; or 
 (d) delivery of a properly executed exercise notice together with such other documentation as the
Administrator and the broker, if applicable, shall require to effect a same day sale (i.e., a cashless-sell all exercise). Pursuant to a same day sale exercise, Optionee will authorize the broker to sell all the Shares that he or she is
entitled to at exercise and remit the sale proceeds less the aggregate Exercise Price for the Shares, broker’s fees and any applicable taxes to the Optionee in cash. 
 E. Non-Transferability of Option. 
 Unless otherwise provided by the Administrator, the Option may
not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan, this Stock Option Agreement and the Notice of
Grant shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee. 
 F. Term of Option. 
 The Option may be exercised only within the term set out in the Notice of Grant, and may be exercised during such term only in accordance with the Plan
and the terms of this Stock Option Agreement. 
 G. U.S. Tax Consequences. 
 Some of the U.S. federal tax consequences relating to the Option are set forth below. THIS SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND
REGULATIONS ARE SUBJECT TO CHANGE. IN ADDITION, DIFFERENT TAX LAWS WILL APPLY TO EMPLOYEES SUBJECT TO TAX OUTSIDE THE U.S. THE OPTIONEE SHOULD CONSULT A TAX ADVISOR BEFORE EXERCISING THE OPTION OR DISPOSING OF THE SHARES. 
  

 3 

 (1) Exercising the Option. 
 (a) U.S. Non-Qualified Stock Option. The Optionee may incur regular U.S. federal income tax liability upon exercise of an NQSO. The
Optionee will be treated as having received compensation income (taxable at ordinary income tax rates) equal to the excess, if any, of the Fair Market Value of the Exercised Shares on the date of exercise over their aggregate Exercise Price. If the
Optionee is an Employee or a former Employee, the Company will be required to withhold from his or her compensation or collect from Optionee and pay to the applicable taxing authorities an amount in cash equal to a percentage of this compensation
income at the time of exercise, and may refuse to honor the exercise and refuse to deliver Shares if such withholding amounts are not delivered at the time of exercise. 
 (b) U.S. Incentive Stock Option. If this Option qualifies as an ISO, the Optionee will have no regular U.S. federal income tax
liability upon its exercise, although the excess, if any, of the Fair Market Value of the Exercised Shares on the date of exercise over their aggregate Exercise Price will be treated as an adjustment to alternative minimum taxable income for U.S.
federal tax purposes and may subject the Optionee to alternative minimum tax in the year of exercise. In the event that the Optionee ceases to be an Employee but remains a Service Provider, any ISO of the Optionee that remains unexercised shall
cease to qualify as an ISO and will be treated for tax purposes as an NQSO on the date three (3) months and one (1) day following such change of status. 
 (2) Disposition of Shares. 
 (a) U.S. Non-Qualified Stock Option. If the
Optionee holds NQSO Shares for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for U.S. federal income tax purposes. 
 (b) U.S. Incentive Stock Option. If the Optionee holds ISO Shares for at least one year after exercise and two years after the
grant date, any gain realized on disposition of the Shares will be treated as long-term capital gain for U.S. federal income tax purposes. If the Optionee disposes of ISO Shares within one year after exercise or two years after the grant date, any
gain realized on such disposition will be treated as compensation income (taxable at ordinary income rates) equal to the lesser of (A) the difference between the Fair Market Value of the Shares acquired on the date of exercise and the aggregate
Exercise Price, or (B) the difference between the sale price of such Shares and the aggregate Exercise Price. Any additional gain will be taxed as capital gain, short-term or long-term depending on the period that the ISO Shares were held.

 (c) Notice of Disqualifying Disposition of ISO Shares. If the Optionee sells or otherwise disposes of any of the
Shares acquired pursuant to an ISO on or before the later of (i) two years after the grant date, or (ii) one year after the exercise date, the Optionee shall immediately notify the Company in writing of such disposition. The Optionee
agrees that he or she may be subject to income tax withholding by the Company on the compensation income recognized from such early disposition of ISO Shares by payment in cash or out of the current earnings paid to the Optionee. 
  

 4 

 H. Responsibility for Taxes. Regardless of any action the Company or Optionee’s employer (the
“Employer”) takes with respect to any or all income tax, social insurance, payroll tax, payment on account or other tax-related withholding (“Tax-Related Items”), Optionee acknowledges that the ultimate liability for all
Tax-Related Items legally due by him or her is and remains Optionee’s responsibility and that the Company and/or the Employer (1) make no representations or undertakings regarding the treatment of any Tax-Related Items in connection with
any aspect of the Option grant, including the grant, vesting or exercise of the Option, the subsequent sale of Shares acquired pursuant to such exercise and the receipt of any dividends; and (2) do not commit to structure the terms of the grant
or any aspect of the Option to reduce or eliminate Optionee’s liability for Tax-Related Items. Prior to the exercise of the Option, Optionee shall pay or make adequate arrangements satisfactory to the Company and/or the Employer to satisfy all
withholding and payment on account obligations of the Company and/or the Employer. In this regard, Optionee authorizes the Company and/or the Employer to withhold all applicable Tax-Related Items legally payable by Optionee from his or her wages or
other cash compensation paid to Optionee by the Company and/or the Employer or from proceeds of the sale of the Shares. Alternatively, or in addition, if permissible under local law, the Company may (1) sell or arrange for the sale of Shares
that Optionee acquires to meet the withholding obligation for Tax-Related Items, and/or (2) withhold in Shares, provided that the Company only withholds the amount of shares necessary to satisfy the minimum withholding amount. Finally, Optionee
shall pay to the Company or the Employer any amount of Tax-Related Items that the Company or the Employer may be required to withhold as a result of Optionee’s participation in the Plan or Optionee’s purchase of Shares that cannot be
satisfied by the means previously described. The Company may refuse to honor the exercise and refuse to deliver the Shares if Optionee fails to comply with his or her obligations in connection with the Tax-Related Items as described in this section.

 I. Nature of Grant. In accepting the grant, Optionee acknowledges that: (i) the Plan is established voluntarily by the Company, it is
discretionary in nature and it may be modified, amended, suspended or terminated by the Company at any time, unless otherwise provided in the Plan and this Stock Option Agreement; (ii) the grant of the Option is voluntary and occasional and
does not create any contractual or other right to receive future grants of options, or benefits in lieu of options, even if options have been granted repeatedly in the past; (iii) all decisions with respect to future option grants, if any, will
be at the sole discretion of the Company; (iv) Optionee’s participation in the Plan shall not create a right to further employment with the Employer and shall not interfere with the ability of the Employer to terminate Optionee’s
employment relationship at any time with or without cause; (v) Optionee is voluntarily participating in the Plan; (vi) the Option is an extraordinary item that does not constitute compensation of any kind for services of any kind rendered
to the Company or the Employer, and which is outside the scope of Optionee’s employment contract, if any; (vii) the Option is not part of normal or expected compensation or salary for any purposes, including, but not limited to,
calculating any severance, resignation, termination, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (viii) in the event that Optionee is not an employee of the Company, the
Option grant will not be interpreted to form an employment contract or relationship with the Company; and furthermore, the Option 

  

 5 

 
grant will not be interpreted to form an employment contract with the Employer or any Subsidiary or affiliate of the Company; (ix) the future value of
the underlying Shares is unknown and cannot be predicted with certainty; (x) if the underlying Shares do not increase in value, the Option will have no value; (xi) if Optionee exercises his or her Option(s) and acquires Shares, the value
of those Shares acquired may increase or decrease in value, even below the Exercise Price; (xii) in consideration of the grant of the Option, no claim or entitlement to compensation or damages shall arise from termination of the Option or
diminution in value of the Option or Shares purchased through exercise of the Option resulting from termination of Optionee’s employment by the Company or the Employer (for any reason whatsoever and whether or not in breach of local labor laws)
and Optionee irrevocably releases the Company and the Employer from any such claim that may arise; if, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction to have arisen, then, by signing the Notice of Grant,
Optionee shall be deemed irrevocably to have waived his or her entitlement to pursue such claim; and (xiii) notwithstanding any terms or conditions of the Plan to the contrary, in the event of involuntary termination of Optionee’s
employment (whether or not in breach of local labor laws), Optionee’s right to receive options and vest in options under the Plan, if any, will terminate effective as of the date that Optionee is no longer actively employed and will not be
extended by any notice period mandated under local law (e.g., active employment would not include a period of “garden leave” or similar period pursuant to local law); furthermore, in the event of involuntary termination of
employment (whether or not in breach of local labor laws), Optionee’s right to exercise the Option after termination of employment, if any, will be measured by the date of termination of his or her active employment and will not be extended by
any notice period mandated under local law; the Company shall have the exclusive discretion to determine when Optionee is no longer actively employed for purposes of his or her Option grant. 
 J. Data Privacy. Optionee hereby explicitly and unambiguously consents to the collection, use and transfer, in electronic or other form, of
his or her personal data as described in this Stock Option Agreement by and among, as applicable, the Employer, and the Company and its Subsidiaries and affiliates for the exclusive purpose of implementing, administering and managing Optionee’s
participation in the Plan. Optionee understands that the Company and the Employer hold certain personal information about him or her, including, but not limited to, Optionee’s name, home address and telephone number, date of birth, social
insurance number or other identification number, salary, nationality, job title, any shares of stock or directorships held in the Company, details of all options or any other entitlement to Shares of stock awarded, canceled, exercised, vested,
unvested or outstanding in Optionee’s favor, for the purpose of implementing, administering and managing the Plan (“Data”). Optionee understands that Data may be transferred to any third parties assisting in the implementation,
administration and management of the Plan, that these recipients may be located in Optionee’s country or elsewhere, and that the recipient’s country may have different data privacy laws and protections than Optionee’s country.
Optionee understands that he or she may request a list with the names and addresses of any potential recipients of the Data by contacting his or her local human resources representative. Optionee authorizes the recipients to receive, possess, use,
retain and transfer the Data, in electronic or other form, for the purposes of implementing, administering and managing his or her participation in the Plan, including any requisite transfer of such Data as may be required to a broker or other third
party with whom Optionee may elect to deposit any Shares of stock acquired upon exercise of the Option. Optionee understands that Data will be held only as long as is 

  

 6 

 
necessary to implement, administer and manage Optionee’s participation in the Plan. Optionee understands that he or she may, at any time, view
Data, request additional information about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing his or her local human resources
representative. Optionee understands, however, that refusing or withdrawing his or her consent may affect Optionee’s ability to participate in the Plan. For more information on the consequences of refusal to consent or withdrawal of consent,
Optionee understands that he or she may contact his or her local human resources representative. 
 K. Language. If Optionee has received this
Stock Option Agreement or any other document related to the Plan translated into a language other than English and if the translated version is different than the English version, the English version will control. 
 L. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to the Option granted under the Plan, participation in
the Plan, or future options that may be granted under the Plan by electronic means or to request Optionee’s consent to participate in the Plan by electronic means. Optionee hereby consents to receive such documents by electronic delivery and,
if requested, to agree to participate in the Plan through an on-line or electronic system established and maintained by the Company or another third party designated by the Company. 
 M. Severability. The provisions of this Stock Option Agreement are severable and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining
provisions shall nevertheless be binding and enforceable. 
 N. Entire Agreement; Governing Law. 
 The Plan and the applicable Notice of Grant are incorporated herein by reference. The Plan, this Stock Option Agreement and the Notice of Grant
constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and Optionee with respect to the subject matter hereof, and may not be
modified adversely to the Optionee’s interest except by means of a writing signed by the Company and Optionee. This Stock Option Agreement is governed by, and subject to, the internal substantive laws, but not the choice of law rules, of the
State of California. For purposes of litigating any dispute that arises directly or indirectly from the relationship of the parties evidenced by this grant or this Stock Option Agreement, the parties hereby submit to and consent to the exclusive
jurisdiction of the State of California and agree that such litigation shall be conducted only in the courts of Santa Clara County, California, or the federal courts for the United States for the Northern District of California, and no other courts,
where this grant is made and/or to be performed. 
 O. NO GUARANTEE OF CONTINUED SERVICE. 
 BY SIGNING THE APPLICABLE NOTICE OF GRANT, THE OPTIONEE ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES PURSUANT TO THE VESTING SCHEDULE THEREIN IS
EARNED ONLY BY CONTINUING AS A 

  

 7 

 
SERVICE PROVIDER AT THE WILL OF THE EMPLOYER (AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED AN OPTION OR PURCHASING SHARES HEREUNDER). OPTIONEE
FURTHER ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH IN THE NOTICE OF GRANT AND HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE
PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH OPTIONEE’S RIGHT OR THE EMPLOYER’S RIGHT TO TERMINATE OPTIONEE’S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE.

 *  *  *  *  * 
 By signing the Notice of Grant, Optionee acknowledges receipt of a copy of the Plan, this Stock Option Agreement and certain information related thereto and represents that he or she is familiar with the terms and
provisions thereof, and hereby accepts this Option subject to all of the terms and provisions of the Plan, this Stock Option Agreement and the Notice of Grant. Optionee has reviewed the Plan, this Stock Option Agreement and the Notice of Grant in
their entirety, has had an opportunity to obtain the advice of counsel prior to executing the Notice of Grant and fully understands all provisions of the Plan, this Stock Option Agreement and the Notice of Grant. Optionee hereby agrees to accept as
binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan, this Stock Option Agreement and the Notice of Grant. 
  

 8 

 EXHIBIT A 
 TO THE TIBCO SOFTWARE INC. 
 STOCK OPTION AGREEMENT 
 This Exhibit A includes additional terms and conditions of the grant of Options that will apply to Optionees in the countries listed below. Please note
that the exchange control information provided below is current as of April 2006, unless otherwise noted herein. However, exchange controls are subject to change and Optionee should consult his or her personal advisor(s) with respect to the
applicable exchange controls (if any) which may apply to the exercise of the Option, acquisition and/or sale of the Shares. Capitalized terms used but not defined herein shall have the same meanings assigned to them in the Plan and this Stock Option
Agreement. 
 Australia 
 Optionee’s
Option is granted pursuant to the Australian Addendum which is an addendum to the Plan. Optionee’s Option is subject to the terms and conditions as stated in the Australian Addendum, Offer Document, the Plan, the Notice of Grant and this Stock
Option Agreement. Optionee will receive a copy of each of these documents when a grant is made to him or her. 
 Austria 
 Optionee acknowledges that he or she may be entitled to revoke the Stock Option Agreement on the basis of the Austrian Consumer Protection Act according
to the following rules: 
  

	 	(i)	If Optionee accepts the award of Options under the Plan, Optionee may be entitled to revoke his or her acceptance of the Stock Option Agreement. The revocation must be made within
one week after Optionee accepted the Stock Option Agreement. 

  

	 	(ii)	The revocation must be in written form to be valid. It is sufficient if Optionee returns the Stock Option Agreement to the Company or the Company’s representative with language
that can be understood as his or her refusal to conclude or honor the Stock Option Agreement. It is sufficient if the revocation is sent within the period discussed above. 

 Belgium 
 Optionee will receive a separate Offer Document and an Undertaking Form in addition to this
Stock Option Agreement. Optionee should consult his or her personal tax advisor with respect to completing the Undertaking Form. 
 Brazil 

By accepting this Option, Optionee acknowledges that he or she agrees to comply with applicable Brazilian laws and pay any and all applicable taxes
associated with the exercise of the 

  

 9 

 
Option and the sale of Shares. An Optionee resident or domiciled in Brazil will be required to submit annually a declaration of assets and rights held
outside of Brazil to the Central Bank of Brazil if the aggregate value of such assets and rights is equal to or greater than US$100,000. Assets and rights that must be reported include Shares of Company stock. 
 Canada (Quebec) 
 If Optionee is a resident of Quebec,
by accepting this Option, Optionee hereby provides his or her consent to receive Plan information in English. Specifically, Optionee acknowledges as follows: 
 The parties acknowledge that it is their express wish that the present Stock Option Agreement, as well as all documents, notices and legal proceedings entered into, given or instituted pursuant hereto or relating
directly or indirectly hereto, be drawn up in English. 
 Les parties reconnaissent avoir exigé la rédaction en anglais de
la présente convention, ainsi que de tous documents exécutés, avis donnés et procédures judiciaries intentées, directement ou indirectement, relativement à ou suite à la présente
convention. 
 China 
 Due to exchange
control requirements, Optionee must exercise his or her Option using the “same day sale” method of exercise as described in Section D(3)(d) of this Stock Option Agreement. Optionee may exercise the Option only by delivery of properly
executed exercise instructions together with such other documentation as the Administrator and the broker, if applicable, shall require to effect the exercise of the Option and delivery to the Company of the sale proceeds required to pay the
aggregate Exercise Price. Optionee will not be permitted to pay the aggregate Exercise Price in cash or by check. 
 France 
 The Option grant is not French tax-qualified. 
 Optionee may hold Shares obtained under the Plan outside of France provided that Optionee declares all foreign accounts, whether open, current, or closed, in Optionee’s income tax return. 
 Germany 
 Optionee must report any receivables or
payables or debts in foreign currency exceeding an amount of approximately €5,000,000 on a monthly basis. In addition, Optionee must report, on an annual basis, if he or she holds Shares exceeding 10% of the total voting capital of the Company.

 Hong Kong 
 Due to securities law
restrictions in Hong Kong, Optionee undertakes not to sell any Shares acquired under the Plan for at least six months from the grant date of the Option. At the Company’s discretion, the Company may retain the original stock certificate in
escrow until the expiration of the six-month period. Optionee will receive a copy of the stock certificate. 
  

 10 

 In the event Optionee’s grant is determined to be governed by the Occupational Retirement Schemes
Ordinance, Optionee’s grant may be cancelled. 
 India 
 By accepting the grant of Options, Optionee consents and agrees to satisfy any liability for fringe benefit tax that may be payable by the Company and/or the Employer in connection with the Options. Further, by
accepting the grant of Options, Optionee agrees that the Company and/or the Employer may collect the fringe benefit tax from the Optionee by any of the means set forth in Section G of this Stock Option Agreement. Optionee further agrees to execute
any other consents or elections required to accomplish the above, promptly upon request of the Company. 
 Proceeds from the sale of Shares
must be repatriated to India within a reasonable period of time (i.e., two weeks). Optionee should obtain a foreign inward remittance certificate from the bank for his or her records to document compliance with this requirement and submit a
copy of the foreign inward remittance certificate to his or her Employer. 
 Ireland 
 Directors and shadow directors of an Irish subsidiary are subject to certain notification requirements under the Companies Act. Directors and shadow
directors must notify the Irish subsidiary in writing of their interest in the Company and the number and class of Shares or rights to which the interest relates within five days of the acquisition or disposal of Shares or within five days of
becoming aware of the event giving rise to the notification. This disclosure requirement also applies to any rights or Shares acquired by the director’s spouse or children (under the age of 18). 
 Italy 
 To facilitate compliance with securities laws
in Italy, Optionee must exercise his or her Option using the “same day sale” method of exercise as described in Section D(3)(d) of this Stock Option Agreement. Optionee may exercise the Option only by delivery of properly executed exercise
instructions together with such other documentation as the Administrator and the broker, if applicable, shall require to effect the exercise of the Option and delivery to the Company of the sale proceeds required to pay the aggregate Exercise Price.
Optionee will not be permitted to pay the aggregate Exercise Price in cash or by check. 
 Exchange control reporting is required if Optionee
holds foreign investments outside of Italy (including Shares) in excess of €12,500 or the equivalent amount in U.S. dollars. If reporting is required, it must be done on Optionee’s individual tax return. 
 For data privacy purposes, the Controller of personal data processing is TIBCO Software Inc., with registered offices in 3302 Hillview Avenue, Palo Alto,
California, 94304, U.S.A., and pursuant to Legislative Decree no. 196/2003, its representative in Italy is TIBCO Software S.r.l. with registered offices at Via del Casale Solaro, 110, Rome 00143. 
  

 11 

 Japan 
 No special provisions. 
 Luxembourg 
 No special provisions. 
 Malaysia 
 The following information is current as of May 2007. 
 If Optionee is a Malaysian resident for exchange control purposes and
if the value of funds remitted to purchase Shares under the Plan exceeds MYR50,000, Optionee must notify Bank Negara at least seven working days before the remittance (Optionee can estimate the amount that Optionee intends to remit) by submitting a
prescribed Form SSC 9B. Please note that the above threshold is calculated on a cumulative basis. These requirements apply to both cash and cashless exercises. Optionee should check with his or her personal advisor to determine the filing
requirements applicable to Optionee’s particular circumstances. 
 If Optionee is a director of a Malaysian Subsidiary of the Company,
Optionee is subject to certain notification requirements under the Malaysian Companies Act, 1965. Among these requirements is an obligation to notify the Malaysian Subsidiary in writing when Optionee receives an interest (e.g., Options, Shares,
etc.) in the Company or any related entity. In addition, Optionee must notify the Malaysian Subsidiary when Optionee sells Shares of the Company or any related entity (including when Optionee sells Shares acquired under the Plan). These
notifications must be made within fourteen days of acquiring or disposing of any interest in the Company or any related entity. 
 Mexico 

In accepting the Option, Optionee acknowledges that he or she understands and agrees that: (i) the Option is not related to the salary and other
contractual benefits granted to Optionee by the Employer; (ii) any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of Optionee’s employment; and (iii) any benefit
realized under the Plan is a fringe benefit. 
 Policy Statement. La invitación que la Compañía hace en
relación con el Plan es unilateral y discrecional, por lo tanto, la Compañía se reserva el derecho absoluto para modificar o terminar el mismo en cualquier momento, sin ninguna responsabilidad para el Opcionante. Esta
invitación y, en el caso del Opcionante, la adquisición de acciones, de ninguna manera establecen relación laboral alguna entre el Opcionante y la Compañía. Tampoco establece derecho alguno entre el Opcionante y su
empleador. 
 English Translation. The invitation the Company is making under the Plan is unilateral and discretionary and, therefore,
the Company reserves the absolute right to amend it and discontinue it at any time without any liability to the Optionee. This invitation and, in Optionee’s case, the acquisition of Shares does not, in any way, establish a labor relationship
between the Optionee and the Company and it does not establish any rights between the Optionee and the Employer. 
  

 12 

 Netherlands 
 For Option grants made after January 1, 2005, employees resident in the Netherlands may use any method of exercise specified in Section D(3) of this Stock Option Agreement to exercise Options. For Options granted prior to this date,
exercise restrictions may apply and Optionee should review the terms of his or her grant, including any addenda to the relevant stock option agreement to determine whether there are any exercise restrictions. 
 Norway 
 No special provisions. 
 Portugal 
 If Optionee acquires Shares upon exercise
and does not hold the Shares with a Portuguese financial intermediary, Optionee must file a report with the Portuguese Central Bank. If the Shares are held by a Portuguese financial intermediary, it will file the report for Optionee. 
 By accepting this Option, Optionee acknowledges that he or she understands and agrees that: (i) Options granted at a fixed price will not create any
obligation on the Company to grant Options in the future; and (ii) Optionee recognizes the absolute right of the Company to amend or cancel the Plan at any time without incurring any liability to Optionee. 
 Russia 
 If Optionee acquires Shares upon exercise,
the Shares will be held for Optionee in a U.S. brokerage account. Optionee will not be permitted to request share certificates and hold the certificates in Russia. Optionee may sell his or her Shares on a U.S. stock market; Optionee is not permitted
to sell shares in the Company directly to other Russian individuals. 
 This Stock Option Agreement, the Plan and all other materials
Optionee may receive regarding his or her participation in the Plan do not constitute advertising or an offering of securities in Russia. The issuance of securities pursuant to the Plan has not and will not be registered in Russia and hence the
securities described in any Plan-related documents may not be used for offering or public circulation in Russia. 
 All proceeds from the
sale of Shares must be repatriated to Russia through an authorized bank in Russia. After repatriation, Optionee may transfer the funds to an “offshore” (foreign) bank account outside of Russia, but must give notice to the Russian tax
authorities about the opening/closing of each foreign account within one month after the account is opened/closed and report to the Russian tax authorities records of the flow of funds in the foreign accounts as well as records of the account
balances. Also, if Optionee uses a cash method of exercise, he or she may be required to make the remittance of cash through an authorized bank in Russia. 
  

 13 

 Singapore 
 The grant of the Option under the Plan is being made on a private basis and is, therefore, exempt from registration in Singapore. 
 If Optionee is a director, associate director or shadow director of a Singapore affiliate of the Company, Optionee is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation
to notify the Singaporean affiliate in writing when Optionee receives an interest (e.g., Options, Shares) in the Company or any related companies. Please contact the Company to obtain a copy of the notification form. In addition, Optionee
must notify the Singapore affiliate when Optionee sells Shares of the Company or any related company (including when Optionee sell Shares acquired through exercise of his or her Option). These notifications must be made within two days of acquiring
or disposing of any interest in the Company or any related company. In addition, a notification must be made of Optionee’s interests in the Company or any related company within two days of becoming a director. 
 South Africa 
 If Optionee is a permanent resident of
South Africa, he or she may invest up to ZAR 2 million in foreign investments (including Company Shares). Investments exceeding this amount require approval by the South African Reserve Board. Optionee should consult his or her personal advisor
regarding how this limitation is calculated. Compliance with the exchange controls is Optionee’s sole responsibility and neither the Company nor the Employer take any responsibility for Optionee’s compliance. 
 South Korea 
 The following information is current
as of May 2007. 
 If Optionee remits funds to purchase Shares, the remittance has to be “confirmed” by a foreign exchange bank
in Korea. To receive the confirmation, Optionee should submit (i) a prescribed form application, (ii) this Stock Option Agreement and any other Plan documents that Optionee received, and (iii) certificates of employment with
Optionee’s Employer. Optionee should check with the bank to determine whether there are any additional requirements. If Optionee exercises his or her Option using the “same day sale” method of exercise as described in Section D(3)(d),
this requirement will not apply. This is an automatic procedure (i.e., the bank does not need to “approve” the remittance) and should take no more than a single day to process. Exchange control laws also require Korean residents who
realize US$500,000 or more from the sale of Shares to repatriate the proceeds to Korea within six months of the sale. 
 Spain 
 In accepting the Option, Optionee acknowledges that he or she consents to participation in the Plan and has received a copy of the Plan. The Optionee
understands that the Company has unilaterally, gratuitously and discretionally decided to grant options under the Plan to individuals who may be employees of the Company or its Subsidiaries throughout the world. The decision is a limited decision
that is entered into upon the express assumption and condition that any grant 

  

 14 

 
will not economically or otherwise bind the Company or any of its Subsidiaries on an ongoing basis. Consequently, the Optionee understands that the Option is
granted on the assumption and condition that the Option or the Shares acquired upon exercise shall not become a part of any employment contract (either with the Company or any of its Subsidiaries) and shall not be considered a mandatory benefit,
salary for any purposes (including severance compensation) or any other right whatsoever. In addition, the Optionee understands that this grant would not be made to the Optionee but for the assumptions and conditions referred to above; thus, the
Optionee acknowledges and freely accepts that should any or all of the assumptions be mistaken or should any of the conditions not be met for any reason, then any grant of Options shall be null and void. 
 To participate in the Plan, Optionee must comply with exchange control regulations in Spain. The purchase of Shares under the Plan must be declared for
statistical purposes to the Spanish Dirección General de Política Comercial e Inversiones Exteriores (the “DGPCIE”), the Bureau for Commercial Policy and Foreign Investments, which is a department of the Ministry of the
Economy. If the Optionee purchases the Shares through the use of a Spanish financial institution, that institution will automatically make the declaration to the DGPCIE for Optionee. Otherwise, the Optionee must make the declaration himself or
herself by filing a form with the DGPCIE. When receiving foreign currency payments derived from the ownership of Shares (i.e., dividends or sale proceeds), Optionee must inform the financial institution receiving the payment of the basis upon
which such payment is made. Optionee will need to provide the institution with the following information: (i) Optionee’s name, address, and fiscal identification number; (ii) the name and corporate domicile of the Company;
(iii) the amount of the payment; the currency used; (iv) the country of origin; (v) the reasons for the payment; and (vi) further information that may be required. If Optionee acquires Shares under the Plan and wishes to import
the ownership title of such Shares (i.e., share certificates) into Spain, the Optionee must declare the importation of such securities to the DGPCIE. 
 Sweden 
 No special provisions. 
 Switzerland 
 The offer is considered a private offering in Switzerland and is therefore not subject to registration in
Switzerland. 
 Taiwan 
 No special
provisions. 
 United Arab Emirates 
 No
special provisions. 
 *  *  *  *  * 
  

 15

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