Document:

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                                                                   Exhibit 10.15

                              EMPLOYMENT AGREEMENT

        THIS AGREEMENT is entered into as of January 1, 2002, by and between
Jeffrey R. Rodek (the "Employee"), an individual residing at the address set
forth on the signature page hereof, and HYPERION SOLUTIONS CORPORATION, a
Delaware corporation (the "Company"). This agreement replaces the Employment
Agreement dated as of October 11, 1999, provided that, except to the extend
specifically covered herein, nothing in this agreement is intended to affect the
terms of Restricted Stock, Stock Options or the loan granted under the terms of
the October 11, 1999 agreement.

        1. DUTIES AND SCOPE OF EMPLOYMENT.

           (a) POSITION. For the term of his employment under this Agreement
("Employment"), the Company agrees to employ the Employee in the position of
Chief Executive Officer. The Employee shall report to the Company's Board of
Directors.

           (b) OBLIGATIONS TO THE COMPANY. During the term of his Employment,
the Employee shall devote his full business efforts and time to the Company.
During the term of his Employment, without the prior written approval of the
Company (which shall not be unreasonably withheld), the Employee shall not
render services in any capacity to any other person or entity and shall not act
as a sole proprietor, partner or managing member of any other person or entity
or as a shareholder owning more than one percent of the stock of any other
corporation, provided however that Employee may own up to two percent of the
stock of New Roads Inc. The foregoing, however, shall not preclude the Employee
from engaging in reasonable community, school or charitable activities. The
Employee shall comply with the Company's policies and rules, as they may be in
effect from time to time during the term of his Employment.

           (c) NO CONFLICTING OBLIGATIONS. The Employee represents and warrants
to the Company that he is under no obligations or commitments, whether
contractual or otherwise, that are inconsistent with his obligations under this
Agreement. The Employee represents and warrants that he will not use or
disclose, in connection with his employment by the Company, any trade secrets or
other proprietary information or intellectual property in which he or any other
person has any right, title or interest and that his employment by the Company
as contemplated by this Agreement will not infringe or violate the rights of any
other person. The Employee represents and warrants to the Company that he has
returned all property and confidential information belonging to any prior
employer.

        2. CASH AND INCENTIVE COMPENSATION.

           (a) SALARY. The Company shall pay the Employee as compensation for
his services a base salary at a gross annual rate of not less than $400,000.
Such salary shall

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be payable in accordance with the Company's standard payroll procedures. (The
annual compensation specified in this Subsection (a), together with any
increases in such compensation that the Company may grant from time to time, is
referred to in this Agreement as "Base Compensation.").

           (b) INCENTIVE BONUSES. The Employee shall be eligible to be
considered for an annual incentive bonus with a target amount equal to 50% of
his Base Compensation. Such bonus (if any) shall be awarded based on objective
or subjective criteria established in advance by the Company's Board of
Directors (the "Board") or its Compensation Committee. Bonus will be payable on
a pro rated basis starting at achievement of a minimum of 80% targeted goal.
Achievement above targeted goal will increase percent of Base Compensation
payable as a bonus up to a maximum of 75% of Base Compensation The
determinations of the Board or such Committee with respect to such bonus shall
be final and binding.

        3. LOAN FORGIVENESS. The Company has loaned Employee one million dollars
($1,000,000). This note bears interest and is due in full on October 11, 2005
(or earlier in certain events.) The Company will forgive 25% of the principle,
or two hundred fifty thousand dollars ($250,000), and the interest accrued with
respect to such 25%, for any year, commencing with the year ending June, 2002,
in which the earnings per share of the Company equal or exceed targets set by
the Compensation Committee of the Board of Directors. In the event that the
Company's earnings per share are under or over such earnings per share target,
then the Company will consider forgiving less or more, respectively, of the 25%
amount, provided that the Company is only obligated to forgive 25%, and then
only in the event the earnings per share target is met. Employee will be
responsible for paying all personal income tax due on account of any such
forgiveness.

        4. EMPLOYEE BENEFITS. During the term of his Employment, the Employee
shall be eligible to participate in any employee benefit plans maintained by the
Company for similarly situated employees, subject in each case to the generally
applicable terms and conditions of the plan in question and to the
determinations of any person or committee administering such plan.

        In addition to providing the foregoing benefits to Employee, the Company
shall:

           (i) reimburse the Employee for the reasonable and customary cost of
        an annual physical examination.

           (ii) provide to the Employee certain income tax services.
        PricewaterhouseCoopers will prepare and sign the Employee's individual
        income tax returns and provide the Employee with estimated tax
        calculations. In addition, the tax professionals at
        PricewaterhouseCoopers will provide the Employee with income tax
        projections to help Employee develop his or her personal financial goals
        and strategies, including planning for the exercise and/or sale of
        option stock.

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        5. BUSINESS EXPENSES. During the term of his Employment, the Employee
shall be authorized to incur necessary and reasonable travel, entertainment and
other business expenses in connection with his duties hereunder, including one
hundred percent of all cell phone charges, reasonable costs of travel to and
from employee's home to the Company offices, and the cost of an apartment for
Employee's exclusive use near the Company's Sunnyvale, CA offices. The Company
shall reimburse the Employee for such expenses upon presentation of an itemized
account and appropriate supporting documentation, all in accordance with the
Company's generally applicable policies. Any single expenditure in excess of
$10,000 shall require the prior approval of the Company's Chief Financial
Officer.

        6. TERM OF EMPLOYMENT.

           (a) BASIC RULE. The Company agrees to continue the Employee's
Employment, and the Employee agrees to remain in Employment with the Company,
from the Effective Time until the earlier of:

               (i) The close of the applicable Initial Term or Renewal Period,
        as determined under Subsection (b) below; or

               (ii) The date when the Employee's Employment terminates pursuant
        to Subsection (c) below.

           (b) INITIAL TERM AND RENEWAL PERIODS. The initial term of this
Agreement shall end on January 31, 2003 (the "Initial Term"). Thereafter this
Agreement shall automatically be renewed for successive 12-month periods (the
"Renewal Periods"), unless either party has given the other party written notice
of non-renewal not less than 90 days prior to the close of the Initial Term or
Renewal Period then in effect.

           (c) EARLY TERMINATION. The Employee may terminate his Employment at
any time and for any reason (or no reason) by giving the Company 30 days'
advance notice in writing. The Company may terminate the Employee's Employment
at any time and for any reason (or no reason), and with or without Cause, by
giving the Employee 30 days' advance notice in writing. The Company may also
terminate the Employee's active Employment due to Permanent Disability by giving
the Employee notice in writing. For all purposes under this Agreement,
"Permanent Disability" shall mean that the Employee, at the time notice is
given, has failed to perform his duties under this Agreement for 60 or more
consecutive days or for 90 or more days during any 12-month period as the result
of his incapacity due to physical or mental injury, disability or illness and
which the Company is unable to accommodate reasonably without undue hardship.
The Employee's Employment shall terminate automatically in the event of his
death.

           (d) RIGHTS AND OBLIGATIONS UPON TERMINATION. Except as expressly
provided in Section 7, upon the termination of the Employee's Employment
pursuant to this Section 6, the Employee shall only be entitled to the
compensation, benefits and reimbursements described in Sections 2, 3 and 4 and 5
for the period preceding the effective date of the termination. No incentive
bonus under Section 2(b) shall be payable for the year in which the

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Employee's Employment terminates, unless the applicable bonus program expressly
provides for the payment of a prorated bonus for such year. The payments under
this Agreement shall fully discharge all responsibilities of the Company to the
Employee. The termination of this Agreement shall not limit or otherwise affect
the Employee's obligations under Section 7.

        7. TERMINATION BENEFITS.

           (a) GENERAL RELEASE. Any other provision of this Agreement
notwithstanding, Subsections (b) and (c) below shall not apply unless the
Employee has executed a general release (in a form prescribed by the Company) of
all known and unknown claims that he may then have against the Company or
persons affiliated with the Company. Such release shall include, among other
things, an agreement not to prosecute any legal action or other proceeding based
upon any of such claims. The Employee acknowledges that such release may provide
that in the event of a breach by the Employee of the terms of the release or of
Employee's obligations under Section 7 hereof, the Company shall be entitled to
recover from the Employee all amounts paid under subsections (b) and (c) of this
Section 6, as well as all litigation costs (including attorneys' fees and
expenses) incurred by the Company in connection with such breach.

           (b) SEVERANCE PAY. The Company shall pay the Employee his Base
Compensation for a 12-month period following the effective date of the
termination of his Employment (the "Continuation Period") if:

               (i) The Company terminates the Employee's Employment under
        Section 6(c), or the Employee's employment terminates due to the
        expiration of the term of this agreement without renewal under 6(b);
        except, in each case, for terminations for Cause or Permanent
        Disability; or

               (ii) The Company was subject to a Corporate Transaction/Change in
        Control during the term of this Agreement and, within 12 months
        thereafter, the Employee resigns for Good Reason.

               (iii) During the term of this Agreement, the current Chief
        Executive Officer ("CEO") ceases to serve as the senior executive
        officer of the Company, the Company's Board of Directors appoints a new
        CEO and within six months of the first day of such new CEO's employment
        with the Company, the Employee resigns because the Company has
        significantly diminished the nature or scope of the Employee's
        authority, duties or responsibilities in effect immediately prior to the
        appointment of the new CEO.

Base Compensation under this Subsection (b) shall be paid at the rate in effect
at the time of the termination of Employment and in accordance with the
Company's standard payroll procedures.

           (c) EMPLOYEE BENEFITS. If Subsection (b) above applies, the Company
shall continue the coverage of the Employee and his dependents (if applicable)
under the employee benefit plans described in Section 3 during the Continuation
Period. To the extent that

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such plans or the insurance contracts or provider agreements associated with
such plans do not permit the extension of the Employee's coverage following the
termination of his active employment, the Company shall pay the Employee cash in
an amount equal to the cost to the Company of the coverage that cannot be
provided. The cash payments shall be made in accordance with Subsection (b)
above.

           (d) COBRA. If Subsection (b) above applies, and if the Employee
elects to continue his health insurance coverage under the Consolidated Omnibus
Budget Reconciliation Act ("COBRA") following the termination of his Employment,
then the date of the "qualifying event" for purposes of COBRA shall be the
Employee's last day of active employment.

           (e) DEFINITION OF "CAUSE." For all purposes under this Agreement,
"Cause" shall mean:

               (i) The Employee's misconduct relating to the Company's affairs,
        if such misconduct continues for seven days or more after the Company
        has given the Employee written notice describing such misconduct and
        advising him of the consequences of such misconduct under this
        Agreement; provided that such notice shall be required only with respect
        to the first occurrence of such misconduct; provided further there shall
        be no requirement that the misconduct continue for seven days or more
        with respect to acts for which an employee's employment is specifically
        terminable under the Company's policies and procedures applicable to all
        employees;

               (ii) The Employee's conviction of, or a plea of "guilty" or "no
        contest" to, a felony, or a misdemeanor which calls into question the
        Employee's honesty, under the laws of the United States or any state
        thereof;

               (iii) Any breach of this Agreement, the Employee Proprietary
        Information Agreement between the Employee and the Company, or any other
        agreement between the Employee and the Company;

               (iv) Threats or acts of violence or harassment directed at any
        present, former or prospective employee, independent contractor, vendor,
        customer or business partner of the Company; or

               (v) Fraud or embezzlement involving the assets of the Company or
        its affiliates, customers or suppliers.

The foregoing shall not be deemed an exclusive list of all acts or omissions
that the Company may consider as grounds for the termination of the Employee's
Employment with Cause. Termination for Cause hereunder shall be deemed to be
termination for "Misconduct" under the Company's stock option plans and related
agreements.

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           (f) DEFINITION OF "CORPORATE TRANSACTION/CHANGE IN CONTROL." For all
purposes under this Agreement, "Corporate Transaction/Change in Control" shall
mean any transaction under clauses (i) or (ii) below:

               (i) a change in ownership or control of the Company effected
        through either of the following transactions:

                      (A) the acquisition, directly or indirectly, by any person
               or related group of persons (other than the Company or a person
               that directly or indirectly controls, is controlled by, or is
               under common control with, the Company), of beneficial ownership
               (within the meaning of Rule 13d-3 of the 1934 Act) of securities
               possessing more than fifty percent (50%) of the total combined
               voting power of the Company's outstanding securities pursuant to
               a tender or exchange offer made directly to the Company's
               stockholders which the Board does not recommend such stockholders
               to accept, or

                      (B) a change in the composition of the Board over a period
               of thirty-six (36) consecutive months or less such that a
               majority of the Board members ceases, by reason of one or more
               contested elections for Board membership, to be comprised of
               individuals who either (A) have been Board members continuously
               since the beginning of such period or (B) have been elected or
               nominated for election as Board members during such period by at
               least a majority of the Board members described in clause (A) who
               were still in office at the time the Board approved such election
               or nomination,

               (ii) either of the following stockholder-approved transactions to
           which the Company is a party:

                      (A) a merger or consolidation in which securities
               possessing more than fifty percent (50%) of the total combined
               voting power of the Company's outstanding securities are
               transferred to a person or persons different from the persons
               holding those securities immediately prior to such transaction;
               or

                      (B) the sale, transfer or other disposition of all or
               substantially all of the Company's assets in complete liquidation
               or dissolution of the Company.

           (g) DEFINITION OF "GOOD REASON." For all purposes under this
Agreement, "Good Reason" shall mean:

               (i) A change in Employee's position with the Company which
           materially reduces his or her level of responsibility in effect
           immediately prior to the Corporate Transaction/Change in Control;

               (ii) A reduction in Employee's level of compensation (including
           base salary, fringe benefits and participation in
           corporate-performance based bonus or incentive programs) in effect
           immediately prior to the Corporate Transaction/Change in Control by
           more than fifteen percent (15%); or

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               (iii) A relocation of Employee's place of employment prior to the
           Corporate Transaction/Change in Control by more than fifty (50)
           miles, provided and only if such change, reduction or relocation is
           effected by the Company without Employee's consent.

        8. EMPLOYEE'S COVENANTS.

           (a) NON-SOLICITATION OF EMPLOYEES. During the period commencing on
the date of this Agreement and continuing until the second anniversary of the
date when the Employee's Employment terminated for any reason, the Employee
shall not interfere with the business of the Company by, directly or indirectly,
personally or through others, soliciting or attempting to solicit (on the
Employee's own behalf or on behalf of any other person or entity) the employment
of any employee of the Company or any of the Company's affiliates. During such
period, the Employee shall not encourage or induce, or take any action that has
the effect of encouraging or inducing, any employee of the Company or any of the
Company's affiliates to terminate his or her employment.

           (b) LIMITATION ON HIRING OF EMPLOYEES. For a period of 120 days
following the date when the Employee's Employment terminated for any reason, the
Employee shall not hire, or assist any other person in hiring, any person who
was an employee of the Company on the date when the Employee's Employment
terminated to work at the Employee's new place of employment in a position that
reports either directly to the Employee or to any other person who reports
directly to the Employee.

           (c) NON-SOLICITATION OF CUSTOMERS. The parties agree that information
relating to the identities, key contact personnel, preferences, needs and
circumstances of the Company's customers are trade secrets belonging to the
Company that are, and necessarily will be, used by the Employee in the
solicitation of business from the Company's customers. As a result, during the
period commencing on the date of this Agreement and continuing until the second
anniversary of the date when the Employee's Employment terminated for any
reason, the Employee shall not, directly or indirectly, personally or through
others, solicit or attempt to solicit (on the Employee's own behalf or on behalf
of any other person or entity) the business of any customer or prospective
customer, of the Company, or of any of the Company's affiliates, for services or
products similar to those sold by the Company. For purposes of this provision, a
"prospective customer" shall mean any person or entity whom the Employee was
involved in contacting or soliciting to become a customer during the six month
period prior to the termination of the Employee's Employment.

           (d) NON-DISPARAGEMENT. Commencing on the date when the Employee's
Employment terminated for any reason and continuing thereafter, the Employee
shall not directly or indirectly, personally or through others, disparage the
Company or any of its predecessors, including each of their past, current, or
future board of directors or senior management or any of their products or
services.

           (e) INJUNCTIVE RELIEF. The Employee acknowledges and agrees that his
failure to perform any of his covenants in this Section 7 would cause
irreparable injury to the

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Company and cause damages to the Company that would be difficult or impossible
to ascertain or quantify. Accordingly, without limiting any other remedies that
may be available with respect to any breach of this Agreement, the Employee
consents to the entry of an injunction to restrain any breach of this Section 7.

           (f) SURVIVAL. The covenants in this Section 7 shall survive any
termination or expiration of this Agreement and the termination of the
Employee's Employment with the Company for any reason.

        9. SUCCESSORS.

           (a) COMPANY'S SUCCESSORS. This Agreement shall be binding upon any
successor (whether direct or indirect and whether by purchase, lease, merger,
consolidation, liquidation or otherwise) to all or substantially all of the
Company's business and/or assets. For all purposes under this Agreement, the
term "Company" shall include any successor to the Company's business and/or
assets which becomes bound by this Agreement.

           (b) EMPLOYEE'S SUCCESSORS. This Agreement and all rights of the
Employee hereunder shall inure to the benefit of, and be enforceable by, the
Employee's personal or legal representatives, executors, administrators,
successors, heirs, distributees, devisees and legatees.

        10. MISCELLANEOUS PROVISIONS.

            (a) NOTICE. Notices and all other communications contemplated by
this Agreement shall be in writing and shall be deemed to have been duly given
when (i) personally delivered, (ii) delivered to the U.S. Postal Service for
delivery by registered or certified mail or (iii) delivered to a comparable
private service offering guaranteed deliveries in the ordinary course of its
business. Notice under clauses (ii) and (iii) shall be valid only if delivery
charges have been prepaid and a return receipt will be furnished. In the case of
the Employee, notice under clauses (ii) and (iii) shall be addressed to him at
the home address which he most recently communicated to the Company in writing.
In the case of the Company, notice under clauses (ii) and (iii) shall be
addressed to its corporate headquarters and directed to the attention of its
Secretary.

            (b) MODIFICATIONS AND WAIVERS. No provision of this Agreement shall
be modified, waived or discharged unless the modification, waiver or discharge
is agreed to in writing and signed by the Employee and by an authorized officer
of the Company (other than the Employee). No waiver by either party of any
breach of, or of compliance with, any condition or provision of this Agreement
by the other party shall be considered a waiver of any other condition or
provision or of the same condition or provision at another time.

            (c) WHOLE AGREEMENT. This Agreement supersedes any prior employment
agreement between the Employee and the Company. No other agreements,
representations or understandings (whether oral or written and whether express
or implied) which are not expressly set forth in this Agreement have been made
or entered into by either party with

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respect to the subject matter hereof. This Agreement and the Employee
Proprietary Information Agreement between the Employee and the Company contain
the entire understanding of the parties with respect to the subject matter
hereof.

            (d) WITHHOLDING TAXES. All payments made under this Agreement shall
be subject to reduction to reflect taxes or other charges required to be
withheld by law.

            (e) CHOICE OF LAW. The validity, interpretation, construction and
performance of this Agreement shall be governed by the laws of the State of
Connecticut without regard to its choice of law principles.

            (f) SEVERABILITY. The invalidity or unenforceability of any
provision or provisions of this Agreement shall not affect the validity or
enforceability of any other provision hereof, which shall remain in full force
and effect.

            (g) ARBITRATION. Subject to Section 7(g), any controversy or claim
arising out of or relating to this Agreement or the breach thereof, or the
Employee's Employment or the termination thereof, shall be settled in Fairfield
County, Connecticut, by arbitration in accordance with the National Rules for
the Resolution of Employment Disputes of the American Arbitration Association.
The decision of the arbitrator shall be final and binding on the parties, and
judgment on the award rendered by the arbitrator may be entered in any court
having jurisdiction thereof. The parties hereby agree that the arbitrator shall
be empowered to enter an equitable decree mandating specific enforcement of the
terms of this Agreement. The Company and the Employee shall share equally all
fees and expenses of the arbitrator; provided, however, that the Company or the
Employee, as the case may be, shall bear all fees and expenses of the arbitrator
and all of the legal fees and out-of-pocket expenses of the other party if the
arbitrator determines that the claim or position of the Company or the Employee,
as the case may be, was without reasonable foundation. The Employee hereby
consents to personal jurisdiction of the state and federal courts located in the
State of Connecticut for any action or proceeding arising from or relating to
this Agreement or relating to any arbitration in which the parties are
participants.

            (h) NO ASSIGNMENT. This Agreement and all rights and obligations of
the Employee hereunder are personal to the Employee and may not be transferred
or assigned by the Employee at any time. The Company may assign its rights under
this Agreement to any entity that assumes the Company's obligations hereunder in
connection with any sale or transfer of all or a substantial portion of the
Company's assets to such entity.

            (i) COUNTERPARTS. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

            (j) GENDER. The masculine, feminine and neuter gender, and the
singular or plural number, shall be deemed to include the others whenever the
context so indicates.

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        IN WITNESS WHEREOF, each of the parties has executed this Agreement, in
the case of the Company by its duly authorized officer, as of the day and year
first above written.

                                            ------------------------------------
                                            Jeffrey Rodek

                                            Address:

                                            ------------------------------------

                                            ------------------------------------

                                            ------------------------------------

                                            HYPERION SOLUTIONS CORPORATION

                                            By:
                                                --------------------------------
                                            Name:
                                                 ------------------------------
                                            Title:
                                                  ------------------------------<PAGE>
                                                                   Exhibit 10.24

                              EMPLOYMENT AGREEMENT

        THIS AGREEMENT is entered into on October 17, 2001, by and between
GODFREY SULLIVAN (the "Employee"), an individual residing at the address set
forth on the signature page hereof, and HYPERION SOLUTIONS CORPORATION, a
Delaware corporation (the "Company").

        1. DUTIES AND SCOPE OF EMPLOYMENT.

(a) POSITION. For the term of his employment under this Agreement
("Employment"), the Company agrees to employ the Employee in the position of
President and Chief Operating. The Employee shall report to the Company's Chief
Executive Officer.

(b) OBLIGATIONS TO THE COMPANY. During the term of his Employment, the Employee
shall devote his full business efforts and time to the Company. During the term
of his Employment, without the prior written approval of the Company (which
shall not be unreasonably withheld), the Employee shall not render services in
any capacity to any other person or entity and shall not act as a sole
proprietor, partner or managing member of any other person or entity or as a
shareholder owning more than one percent of the stock of any other corporation.
The foregoing, however, shall not preclude the Employee from engaging in
reasonable community, school or charitable activities. The Employee shall comply
with the Company's policies and rules, as they may be in effect from time to
time during the term of his Employment.

(c) NO CONFLICTING OBLIGATIONS. The Employee represents and warrants to the
Company that he is under no obligations or commitments, whether contractual or
otherwise, that are inconsistent with his obligations under this Agreement. The
Employee represents and warrants that he will not use or disclose, in connection
with his employment by the Company, any trade secrets or other proprietary
information or intellectual property in which he or any other person has any
right, title or interest and that his employment by the Company as contemplated
by this Agreement will not infringe or violate the rights of any other person.
The Employee represents and warrants to the Company that he has returned all
property and confidential information belonging to any prior employer.

        2. CASH AND INCENTIVE COMPENSATION.

           (a) SALARY. The Company shall pay the Employee as compensation for
his services a base salary at a gross annual rate of not less than $340,000.
Such salary shall be payable in accordance with the Company's standard payroll
procedures. (The annual compensation specified in this Subsection (a), together
with any increases in such compensation that the Company may grant from time to
time, is referred to in this Agreement as "Base Compensation.").

(b) INCENTIVE BONUSES. The Employee shall be eligible to be considered for an
annual incentive bonus with a target amount equal to 50% of his Base
Compensation. Such bonus (if any) shall be awarded based on objective or
subjective criteria established in advance by the Company's Board of Directors
(the "Board") or its Compensation Committee. The determinations of the Board or
such Committee with respect to such bonus shall be final and binding.

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        3. EMPLOYEE BENEFITS. During the term of his Employment, the Employee
shall be eligible to participate in any employee benefit plans maintained by the
Company for similarly situated employees, subject in each case to the generally
applicable terms and conditions of the plan in question and to the
determinations of any person or committee administering such plan.

    In addition to providing the foregoing benefits to Employee, the Company
shall reimburse the Employee for the reasonable and customary cost of an annual
physical examination.

        4. BUSINESS EXPENSES. During the term of his Employment, the Employee
shall be authorized to incur necessary and reasonable travel, entertainment and
other business expenses in connection with his duties hereunder. The Company
shall reimburse the Employee for such expenses upon presentation of an itemized
account and appropriate supporting documentation, all in accordance with the
Company's generally applicable policies. Any single expenditure in excess of
$10,000 shall require the prior approval of the Company's Chief Executive
Officer, President or Chief Financial Officer.

        5. TERM OF EMPLOYMENT.

(a) BASIC RULE. The Company agrees to continue the Employee's Employment, and
the Employee agrees to remain in Employment with the Company, from the Effective
Time until the earlier of:

            (i) The close of the applicable Initial Term or Renewal Period, as
    determined under Subsection (b) below; or

            (ii) The date when the Employee's Employment terminates pursuant to
    Subsection (c) below.

(b) INITIAL TERM AND RENEWAL PERIODS. The initial term of this Agreement shall
end on December 31, 2002 (the "Initial Term"). Thereafter this Agreement shall
automatically be renewed for successive 12-month periods (the "Renewal
Periods"), unless either party has given the other party written notice of
non-renewal not less than 90 days prior to the close of the Initial Term or
Renewal Period then in effect.

(c) EARLY TERMINATION. The Employee may terminate his Employment at any time and
for any reason (or no reason) by giving the Company 30 days' advance notice in
writing. The Company may terminate the Employee's Employment at any time and for
any reason (or no reason), and with or without Cause, by giving the Employee 30
days' advance notice in writing. The Company may also terminate the Employee's
active Employment due to Permanent Disability by giving the Employee notice in
writing. For all purposes under this Agreement, "Permanent Disability" shall
mean that the Employee, at the time notice is given, has failed to perform his
duties under this Agreement for 60 or more consecutive days or for 90 or more
days during any 12-month period as the result of his incapacity due to physical
or mental injury, disability or illness and which the Company is unable to
accommodate reasonably without undue hardship. The Employee's Employment shall
terminate automatically in the event of his death.

(d) RIGHTS AND OBLIGATIONS UPON TERMINATION. Except as expressly provided in
Section 6, upon the termination of the Employee's Employment pursuant to this
Section 5, the Employee shall only be entitled to the compensation, benefits and
reimbursements described in Sections 2, 3 and 4 for the period preceding the
effective date of the termination. No incentive bonus under Section 2(b) shall
be payable for the year in which the Employee's Employment terminates, unless
the applicable bonus program expressly provides for the payment of a prorated
bonus for such year. The payments under this Agreement shall fully discharge all
responsibilities of the Company to the Employee. The termination of this
Agreement shall not limit or otherwise affect the Employee's obligations under
Section 7.

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        6. TERMINATION BENEFITS.

(a) GENERAL RELEASE. Any other provision of this Agreement notwithstanding,
Subsections (b) and (c) below shall not apply unless the Employee has executed a
general release (in a form prescribed by the Company) of all known and unknown
claims that he may then have against the Company or persons affiliated with the
Company. Such release shall include, among other things, an agreement not to
prosecute any legal action or other proceeding based upon any of such claims.
The Employee acknowledges that such release may provide that in the event of a
breach by the Employee of the terms of the release or of Employee's obligations
under Section 7 hereof, the Company shall be entitled to recover from the
Employee all amounts paid under subsections (b) and (c) of this Section 6, as
well as all litigation costs (including attorneys' fees and expenses) incurred
by the Company in connection with such breach.

(b) SEVERANCE PAY. The Company shall pay the Employee his Base Compensation for
a 12-month period following the effective date of the termination of his
Employment (the "Continuation Period") if:

            (i) The Company terminates the Employee's Employment under Section
    5(c) for any reason other than Cause or Permanent Disability; or

            (ii) The Company was subject to a Corporate Transaction/Change in
    Control during the term of this Agreement and, within 12 months thereafter,
    the Employee resigns for Good Reason.

            (iii) During the term of this Agreement, the current Chief Executive
    Officer ("CEO") ceases to serve as the senior executive officer of the
    Company, the Company's Board of Directors appoints a new CEO and within six
    months of the first day of such new CEO's employment with the Company, the
    Employee resigns because the Company has significantly diminished the nature
    or scope of the Employee's authority, duties or responsibilities in effect
    immediately prior to the appointment of the new CEO.

Base Compensation under this Subsection (b) shall be paid at the rate in effect
at the time of the termination of Employment and in accordance with the
Company's standard payroll procedures.

(c) EMPLOYEE BENEFITS. If Subsection (b) above applies, the Company shall
continue the coverage of the Employee and his dependents (if applicable) under
the health benefit plans described in Section 3 during the Continuation Period.
To the extent that such plans or the insurance contracts or provider agreements
associated with such plans do not permit the extension of the Employee's
coverage following the termination of his active employment, the Company shall
pay the Employee cash in an amount equal to the cost to the Company of the
coverage that cannot be provided. The cash payments shall be made in accordance
with Subsection (b) above.

(d) COBRA. If Subsection (b) above applies, and if the Employee elects to
continue his health insurance coverage under the Consolidated Omnibus Budget
Reconciliation Act ("COBRA") following the termination of his Employment, then
the date of the "qualifying event" for purposes of COBRA shall be the Employee's
last day of active employment.

(e) DEFINITION OF "CAUSE." For all purposes under this Agreement, "Cause" shall
mean:

            (i) The Employee's misconduct relating to the Company's affairs, if
    such misconduct continues for seven days or more after the Company has given

<PAGE>

    the Employee written notice describing such misconduct and advising him of
    the consequences of such misconduct under this Agreement; provided that such
    notice shall be required only with respect to the first occurrence of such
    misconduct; provided further there shall be no requirement that the
    misconduct continue for seven days or more with respect to acts for which an
    employee's employment is specifically terminable under the Company's
    policies and procedures applicable to all employees;

            (ii) The Employee's conviction of, or a plea of "guilty" or "no
    contest" to, a felony, or a misdemeanor which calls into question the
    Employee's honesty, under the laws of the United States or any state
    thereof;

            (iii) Any breach of this Agreement, the Employee Proprietary
    Information Agreement between the Employee and the Company, or any other
    agreement between the Employee and the Company;

            (iv) Threats or acts of violence or harassment directed at any
    present, former or prospective employee, independent contractor, vendor,
    customer or business partner of the Company; or

            (v) Fraud or embezzlement involving the assets of the Company or its
    affiliates, customers or suppliers.

The foregoing shall not be deemed an exclusive list of all acts or omissions
that the Company may consider as grounds for the termination of the Employee's
Employment with Cause. Termination for Cause hereunder shall be deemed to be
termination for "Misconduct" under the Company's stock option plans and related
agreements.

(f) DEFINITION OF "CORPORATE TRANSACTION/CHANGE IN CONTROL." For all purposes
under this Agreement, "Corporate Transaction/Change in Control" shall mean any
transaction under clauses (i) or (ii) below:

            (i) a change in ownership or control of the Company effected through
    either of the following transactions:

               (A) the acquisition, directly or indirectly, by any person or
        related group of persons (other than the Company or a person that
        directly or indirectly controls, is controlled by, or is under common
        control with, the Company), of beneficial ownership (within the meaning
        of Rule 13d-3 of the 1934 Act) of securities possessing more than fifty
        percent (50%) of the total combined voting power of the Company's
        outstanding securities pursuant to a tender or exchange offer made
        directly to the Company's stockholders which the Board does not
        recommend such stockholders to accept, or

               (B) a change in the composition of the Board over a period of
        thirty-six (36) consecutive months or less such that a majority of the
        Board members ceases, by reason of one or more contested elections for
        Board membership, to be comprised of individuals who either (A) have
        been Board members continuously since the beginning of such period or
        (B) have been elected or nominated for election as Board members during
        such period by at least a majority of the Board members described in
        clause (A) who were still in office at the time the Board approved such
        election or nomination,

<PAGE>

            (ii) either of the following stockholder-approved transactions to
    which the Company is a party:

               (A) a merger or consolidation in which securities possessing more
        than fifty percent (50%) of the total combined voting power of the
        Company's outstanding securities are transferred to a person or persons
        different from the persons holding those securities immediately prior to
        such transaction; or

               (B) the sale, transfer or other disposition of all or
        substantially all of the Company's assets in complete liquidation or
        dissolution of the Company.

(g) DEFINITION OF "GOOD REASON." For all purposes under this Agreement, "Good
Reason" shall mean:

            (i) A change in Employee's position with the Company which
    materially reduces his or her level of responsibility in effect immediately
    prior to the Corporate Transaction/Change in Control;

            (ii) A reduction in Employee's level of compensation (including base
    salary, fringe benefits and participation in corporate-performance based
    bonus or incentive programs) in effect immediately prior to the Corporate
    Transaction/Change in Control by more than fifteen percent (15%); or

            (iii) A relocation of Employee's place of employment prior to the
    Corporate Transaction/Change in Control by more than fifty (50) miles,
    provided and only if such change, reduction or relocation is effected by the
    Company without Employee's consent.

        7. EMPLOYEE'S COVENANTS.

(a) NON-SOLICITATION OF EMPLOYEES. During the period commencing on the date of
this Agreement and continuing until the second anniversary of the date when the
Employee's Employment terminated for any reason, the Employee shall not
interfere with the business of the Company by, directly or indirectly,
personally or through others, soliciting or attempting to solicit (on the
Employee's own behalf or on behalf of any other person or entity) the employment
of any employee of the Company or any of the Company's affiliates. During such
period, the Employee shall not encourage or induce, or take any action that has
the effect of encouraging or inducing, any employee of the Company or any of the
Company's affiliates to terminate his or her employment.

(b) LIMITATION ON HIRING OF EMPLOYEES. For a period of 120 days following the
date when the Employee's Employment terminated for any reason, the Employee
shall not hire, or assist any other person in hiring, any person who was an
employee of the Company on the date when the Employee's Employment terminated to
work at the Employee's new place of employment in a position that reports either
directly to the Employee or to any other person who reports directly to the
Employee.

(c) NON-SOLICITATION OF CUSTOMERS. The parties agree that information relating
to the identities, key contact personnel, preferences, needs and circumstances
of the Company's customers are trade secrets belonging to the Company that are,
and necessarily will be, used by the Employee in the solicitation of business
from the Company's customers. As a result, during the period commencing on the
date of this Agreement and continuing until the second anniversary of the date
when the Employee's Employment

<PAGE>

terminated for any reason, the Employee shall not, directly or indirectly,
personally or through others, solicit or attempt to solicit (on the Employee's
own behalf or on behalf of any other person or entity) the business of any
customer or prospective customer, of the Company, or of any of the Company's
affiliates, for services or products similar to those sold by the Company. For
purposes of this provision, a "prospective customer" shall mean any person or
entity whom the Employee was involved in contacting or soliciting to become a
customer during the six month period prior to the termination of the Employee's
Employment.

        (d) NON-DISCLOSURE. The Employee has entered into an Employee
Proprietary Information Agreement with the Company, which is incorporated herein
by reference and survives the termination or expiration of this Agreement. Given
the nature of the Employee's position as President and Chief Operating Officer
of the Company, the parties agree that, during the period commencing on the date
the Employee's Employment is terminated for any reason and continuing until the
third anniversary of such date, it would be practically impossible for the
Employee to work as a president or chief operating officer for certain
companies, including their subsidiaries and affiliates, that provide services or
products that are similar to those of the Company without disclosing the
Company's trade secrets. A list of such companies, which may be amended from
time to time by written notice of the Company, is attached hereto as Schedule A.

        (e) NON-COMPETITION. The following provision shall apply only to the
extent that the Employee resides and has his principal place of employment
outside of the State of California. During the period commencing on the date of
this Agreement and continuing until the second anniversary of the date when the
Employee's Employment terminated for any reason, the Employee shall not,
directly or indirectly (other than on behalf of the Company or with the
Company's prior written consent), engage in a Competitive Business Activity in
any of the locations listed in Schedule B attached hereto. If Section 6(b)
applies, the foregoing two year period shall be reduced to one year. The term
"Competitive Business Activity" shall mean:

            (i) Engaging in, or managing or directing persons engaged in, any
    business in which the Company or any of the Company's affiliates is engaged
    at the time of the termination of the Employee's Employment, whether
    independently or as an employee, agent, consultant, advisor, independent
    contractor, proprietor, partner, officer, director or otherwise;

            (ii) Acquiring or having an ownership interest in any entity that
    derives more than 15% of its gross revenues from any business in which the
    Company or any of the Company's affiliates is engaged at the time of the
    termination of the Employee's Employment, except for ownership of 1% or less
    of any entity whose securities are freely tradable on an established market;
    or

            (iii) Participating in the financing, operation, management or
    control of any firm, partnership, corporation, entity or business described
    in Paragraph (ii) above.

(f) NON-DISPARAGEMENT. Commencing on the date when the Employee's Employment
terminated for any reason and continuing thereafter, the Employee shall not
directly or indirectly, personally or through others, disparage the Company or
any of its predecessors, including each of their past, current, or future board
of directors or senior management or any of their products or services.

<PAGE>

(g) INJUNCTIVE RELIEF. The Employee acknowledges and agrees that his failure to
perform any of his covenants in this Section 7 would cause irreparable injury to
the Company and cause damages to the Company that would be difficult or
impossible to ascertain or quantify. Accordingly, without limiting any other
remedies that may be available with respect to any breach of this Agreement, the
Employee consents to the entry of an injunction to restrain any breach of this
Section 7.

(h) SURVIVAL. The covenants in this Section 7 shall survive any termination or
expiration of this Agreement and the termination of the Employee's Employment
with the Company for any reason.

        8. SUCCESSORS.

(a) COMPANY'S SUCCESSORS. This Agreement shall be binding upon any successor
(whether direct or indirect and whether by purchase, lease, merger,
consolidation, liquidation or otherwise) to all or substantially all of the
Company's business and/or assets. For all purposes under this Agreement, the
term "Company" shall include any successor to the Company's business and/or
assets which becomes bound by this Agreement.

(b) EMPLOYEE'S SUCCESSORS. This Agreement and all rights of the Employee
hereunder shall inure to the benefit of, and be enforceable by, the Employee's
personal or legal representatives, executors, administrators, successors, heirs,
distributees, devisees and legatees.

        9. MISCELLANEOUS PROVISIONS.

(a) NOTICE. Notices and all other communications contemplated by this Agreement
shall be in writing and shall be deemed to have been duly given when (i)
personally delivered, (ii) delivered to the U.S. Postal Service for delivery by
registered or certified mail or (iii) delivered to a comparable private service
offering guaranteed deliveries in the ordinary course of its business. Notice
under clauses (ii) and (iii) shall be valid only if delivery charges have been
prepaid and a return receipt will be furnished. In the case of the Employee,
notice under clauses (ii) and (iii) shall be addressed to him at the home
address which he most recently communicated to the Company in writing. In the
case of the Company, notice under clauses (ii) and (iii) shall be addressed to
its corporate headquarters and directed to the attention of its Secretary.

(b) MODIFICATIONS AND WAIVERS. No provision of this Agreement shall be modified,
waived or discharged unless the modification, waiver or discharge is agreed to
in writing and signed by the Employee and by an authorized officer of the
Company (other than the Employee). No waiver by either party of any breach of,
or of compliance with, any condition or provision of this Agreement by the other
party shall be considered a waiver of any other condition or provision or of the
same condition or provision at another time.

(c) WHOLE AGREEMENT. This Agreement supersedes any prior employment agreement
between the Employee and the Company. No other agreements, representations or
understandings (whether oral or written and whether express or implied) which
are not expressly set forth in this Agreement have been made or entered into by
either party with respect to the subject matter hereof. This Agreement and the
Employee Proprietary Information Agreement between the Employee and the Company
contain the entire understanding of the parties with respect to the subject
matter hereof.

(d) WITHHOLDING TAXES. All payments made under this Agreement shall be subject
to reduction to reflect taxes or other charges required to be withheld by law.

<PAGE>

(e) CHOICE OF LAW. The validity, interpretation, construction and performance of
this Agreement shall be governed by the laws of the State of Connecticut without
regard to its choice of law principles.

(f) SEVERABILITY. The invalidity or unenforceability of any provision or
provisions of this Agreement shall not affect the validity or enforceability of
any other provision hereof, which shall remain in full force and effect.

(g) ARBITRATION. Subject to Section 7(g), any controversy or claim arising out
of or relating to this Agreement or the breach thereof, or the Employee's
Employment or the termination thereof, shall be settled in Fairfield County,
Connecticut, by arbitration in accordance with the National Rules for the
Resolution of Employment Disputes of the American Arbitration Association. The
decision of the arbitrator shall be final and binding on the parties, and
judgment on the award rendered by the arbitrator may be entered in any court
having jurisdiction thereof. The parties hereby agree that the arbitrator shall
be empowered to enter an equitable decree mandating specific enforcement of the
terms of this Agreement. The Company and the Employee shall share equally all
fees and expenses of the arbitrator; provided, however, that the Company or the
Employee, as the case may be, shall bear all fees and expenses of the arbitrator
and all of the legal fees and out-of-pocket expenses of the other party if the
arbitrator determines that the claim or position of the Company or the Employee,
as the case may be, was without reasonable foundation. The Employee hereby
consents to personal jurisdiction of the state and federal courts located in the
State of Connecticut for any action or proceeding arising from or relating to
this Agreement or relating to any arbitration in which the parties are
participants.

(h) NO ASSIGNMENT. This Agreement and all rights and obligations of the Employee
hereunder are personal to the Employee and may not be transferred or assigned by
the Employee at any time. The Company may assign its rights under this Agreement
to any entity that assumes the Company's obligations hereunder in connection
with any sale or transfer of all or a substantial portion of the Company's
assets to such entity.

(i) COUNTERPARTS. This Agreement may be executed in two or more counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

(j) GENDER. The masculine, feminine and neuter gender, and the singular or
plural number, shall be deemed to include the others whenever the context so
indicates.

<PAGE>

        IN WITNESS WHEREOF, each of the parties has executed this Agreement, in
the case of the Company by its duly authorized officer, as of the day and year
first above written.

                                            ------------------------------------
                                            Godfrey Sullivan

                                            Address:

                                            ------------------------------------

                                            ------------------------------------

                                            ------------------------------------

                                            HYPERION SOLUTIONS CORPORATION

                                            By:
                                                --------------------------------

                                            Name:
                                                  ------------------------------

                                            Title:
                                                   -----------------------------

<PAGE>

                                   SCHEDULE A

Accrue
Actuate
Adaytum Software
Alphablox
Applix, Inc
Brio
Business Objects
Cognos, Inc.
Computer Associates International, Inc.
Comshare Incorporated
Corporate Planning
E.piphany, Inc.
Frango AB
Gentia Software
Informatica
Information Builders, Inc.
Kana
Kenan Systems Corporation
Kopcke and Associates
Lawson Software
Microsoft Corporation
MicroStrategy Inc.
MIK
MIS AG
Oracle Corporation
PeopleSoft, Inc.
Sagent
SAP AG
SAS Institute, Inc.
SPSS

<PAGE>

                                   SCHEDULE B

Alabama                               North Carolina
Alaska                                North Dakota
Arizona                               Ohio
Arkansas                              Oklahoma
California                            Oregon
Colorado                              Pennsylvania
Connecticut                           Rhode Island
Delaware                              South Carolina
Florida                               South Dakota
Georgia                               Tennessee
Hawaii                                Texas
Idaho                                 Utah
Illinois                              Vermont
Indiana                               Virginia
Iowa                                  Washington
Kansas                                West Virginia
Kentucky                              Wisconsin
Louisiana                             Wyoming
Maine                                 District of Columbia
Maryland                              Australia
Massachusetts                         Brazil
Michigan                              Canada
Minnesota                             France
Mississippi                           Germany
Missouri                              Hong Kong
Montana                               Israel
Nebraska                              Japan
Nevada                                Mexico
New Hampshire                         Netherlands
New Jersey                            Singapore
New Mexico                            United Kingdom
New York

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