Document:

exv10w4a

 

Exhibit 10.4A

ALTIRIS, INC.

2002 EMPLOYEE STOCK PURCHASE PLAN

(as amended effective February 1, 2007)

     The following constitutes the provisions of the 2002 Employee Stock Purchase Plan of Altiris,
Inc.

     1. Purpose. The purpose of the Plan is to provide Employees with an opportunity to
purchase Common Stock through accumulated payroll deductions. It is the intention of the Company
to have the Plan qualify as an “Employee Stock Purchase Plan” under Section 423 of the Code. The
provisions of the Plan, accordingly, shall be construed so as to extend and limit Plan
participation in a manner that is consistent with the requirements of that section of the Code.

     2. Definitions.

          (a) “Administrator” means the Board or any committee thereof designated by the Board
in accordance with Section 14.

          (b) “Board” means the Board of Directors of the Company.

          (c) “Change of Control” means the occurrence of any of the following events:

               (i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act)
becomes the “beneficial owner” (as defined in Rule 13d-3 of the Exchange Act), directly or
indirectly, of securities of the Company representing fifty percent (50%) or more of the total
voting power represented by the Company’s then outstanding voting securities; or

               (ii) The consummation of the sale or disposition by the Company of all or substantially all of
the Company’s assets; or

               (iii) The consummation of a merger or consolidation of the Company, with any other
corporation, other than a merger or consolidation which would result in the voting securities of
the Company outstanding immediately prior thereto continuing to represent (either by remaining
outstanding or by being converted into voting securities of the surviving entity or its parent) at
least fifty percent (50%) of the total voting power represented by the voting securities of the
Company, or such surviving entity or its parent outstanding immediately after such merger or
consolidation.

               (iv) A change in the composition of the Board, as a result of which fewer than a majority of
the Directors are Incumbent Directors. “Incumbent Directors” means Directors who either (A) are
Directors as of the effective date of the Plan (pursuant to Section 23), or (B) are elected, or
nominated for election, to the Board with the affirmative votes of at least a majority of

 

those Directors whose election or nomination was not in connection with any transaction
described in subsections (i), (ii) or (iii) or in connection with an actual or threatened proxy
contest relating to the election of Directors of the Company.

          (d) “Code” means the Internal Revenue Code of 1986, as amended. Any reference to a
section of the Code herein shall be a reference to any successor or amended section of the Code.

          (e) “Common Stock” means the common stock of the Company.

          (f) “Company” means Altiris, Inc., a Delaware corporation.

          (g) “Compensation” means all base straight time gross earnings, commissions, overtime,
and shift premium, but exclusive of payments for incentive compensation, bonuses, and other
compensation.

          (h) “Designated Subsidiary” means any Subsidiary that has been designated by the
Administrator from time to time in its sole discretion as eligible to participate in the Plan.

          (i) “Director” means a member of the Board.

          (j) “Employee” means any individual who is a common law employee of an Employer and is
customarily employed for at least twenty (20) hours per week and more than five (5) months in any
calendar year by the Employer. For purposes of the Plan, the employment relationship shall be
treated as continuing intact while the individual is on sick leave or other leave of absence
approved by the Employer. Where the period of leave exceeds ninety (90) days and the individual’s
right to reemployment is not guaranteed either by statute or by contract, the employment
relationship shall be deemed to have terminated on the 91st day of such leave.

          (k) “Employer” means any one or all of the Company and its Designated Subsidiaries.

          (l) “Enrollment Date” means the first Trading Day of each Offering Period.

          (m) “Exchange Act” means the Securities Exchange Act of 1934, as amended, including
the rules and regulations promulgated thereunder.

          (n) “Exercise Date” means the first Trading Day on or after February 1 and August 1 of
each year. The first Exercise Date under the Plan shall be the first Trading Day on or after
February 1, 2003.

          (o) “Fair Market Value” means, as of any date, the value of Common Stock determined as
follows:

               (i) If the Common Stock is listed on any established stock exchange or a national market
system, including without limitation the Nasdaq National Market or The Nasdaq SmallCap Market of
The Nasdaq Stock Market, its Fair Market Value shall be the closing sales price for the Common
Stock (or the closing bid, if no sales were reported) as quoted on such exchange or

 

system on the date of determination, as reported in The Wall Street Journal or such other
source as the Administrator deems reliable, or;

               (ii) If the Common Stock is regularly quoted by a recognized securities dealer but selling
prices are not reported, its Fair Market Value shall be the mean of the closing bid and asked
prices for the Common Stock on the date of determination, as reported in The Wall Street Journal or
such other source as the Administrator deems reliable, or;

               (iii) In the absence of an established market for the Common Stock, its Fair Market Value
shall be determined in good faith by the Administrator, or;

               (iv) For purposes of the Enrollment Date of the first Offering Period under the Plan, the Fair
Market Value shall be the initial price to the public as set forth in the final prospectus deemed
to be included within the registration statement on Form S-1 filed with the Securities and Exchange
Commission for the initial public offering of the Common Stock (the “Registration Statement”).

          (p) “Offering Periods” means the periods of approximately six (6) months during which
an option granted pursuant to the Plan may be exercised, commencing on the first Trading Day on or
after February 1 and August 1 of each year and terminating on the first Trading Day on or after the
February 1 and August 1 Offering Period commencement date approximately six (6) months later;
provided, however, that the first Offering Period under the Plan shall commence with the first
Trading Day on or after the date on which the Securities and Exchange Commission declares the
Company’s Registration Statement effective and end on the last Trading Day on or after February 1,
2003. The duration and timing of Offering Periods may be changed pursuant to Section 4 of this
Plan.

          (q) “Parent” means a “parent corporation,” whether now or hereafter existing, as
defined in Section 424(e) of the Code.

          (r) “Plan” means this 2002 Employee Stock Purchase Plan.

          (s) “Purchase Price” means an amount equal to eighty-five percent (85%) of the Fair
Market Value of a share of Common Stock on the Enrollment Date or on the Exercise Date, whichever
is lower; provided however, that the Purchase Price may be adjusted by the Administrator pursuant
to Section 20.

          (t) “Subsidiary” means a “subsidiary corporation,” whether now or hereafter existing,
as defined in Section 424(f) of the Code.

          (u) “Trading Day” means a day on which the U.S. national stock exchanges and the
Nasdaq System are open for trading.

 

     3. Eligibility.

          (a) First Offering Period. Any individual who is an Employee immediately prior to the
first Offering Period under the Plan shall be automatically enrolled in the first Offering Period.

          (b) Subsequent Offering Periods. Any individual who is an Employee as of the
Enrollment Date of any future Offering Period shall be eligible to participate in such Offering
Period, subject to the requirements of Section 5.

          (c) Limitations. Any provisions of the Plan to the contrary notwithstanding, no
Employee shall be granted an option under the Plan (i) to the extent that, immediately after the
grant, such Employee (or any other person whose stock would be attributed to such Employee pursuant
to Section 424(d) of the Code) would own capital stock of the Company or any Parent or Subsidiary
of the Company and/or hold outstanding options to purchase such stock possessing five percent (5%)
or more of the total combined voting power or value of all classes of the capital stock of the
Company or of any Parent or Subsidiary of the Company, or (ii) to the extent that his or her rights
to purchase stock under all employee stock purchase plans (as defined in Section 423 of the Code)
of the Company or any Parent or Subsidiary of the Company accrues at a rate which exceeds
twenty-five thousand dollars ($25,000) worth of stock (determined at the Fair Market Value of the
stock at the time such option is granted) for each calendar year in which such option is
outstanding at any time.

     4. Offering Periods. The Plan shall be implemented by consecutive Offering Periods
with a new Offering Period commencing on the first Trading Day on or after February 1 and August 1
of each year, or on such other date as the Administrator shall determine, and continuing thereafter
until terminated in accordance with Section 20; provided, however, that the first Offering Period
under the Plan shall commence with the first Trading Day on or after the date on which the
Securities and Exchange Commission declares the Company’s Registration Statement effective and end
on the first Trading Day on or after February 1, 2003. The Administrator shall have the power to
change the duration of Offering Periods (including the commencement dates thereof) with respect to
future offerings without stockholder approval if such change is announced prior to the scheduled
beginning of the first Offering Period to be affected thereafter.

     5. Participation.

          (a) First Offering Period. An Employee who has become a participant in the first
Offering Period under the Plan pursuant to Section 3(a) shall be entitled to continue his or her
participation in such Offering Period only if he or she submits to the Company’s payroll office (or
its designee) a properly completed subscription agreement authorizing payroll deductions in the
form provided by the Administrator for such purpose (i) no earlier than the effective date of the
filing of the Company’s Registration Statement on Form S-8 with respect to the shares of Common
Stock issuable under the Plan (the “Effective Date”) and (ii) no later than five (5) business days
from the Effective Date (the “Enrollment Window”). A participant’s failure to submit the
subscription agreement during the Enrollment Window pursuant to this Section 5(a) shall result in
the automatic termination of his or her participation in the first Offering Period under the Plan.

          (b) Subsequent Offering Periods. An Employee who is eligible to participate in the
Plan pursuant to Section 3(b) may become a participant by (i) submitting to the Company’s

 

payroll office (or its designee), on or before a date prescribed by the Administrator prior to
an applicable Enrollment Date, a properly completed subscription agreement authorizing payroll
deductions in the form provided by the Administrator for such purpose, or (ii) following an
electronic or other enrollment procedure prescribed by the Administrator.

 

     6. Payroll Deductions.

          (a) At the time a participant enrolls in the Plan pursuant to Section 5, he or she shall elect
to have payroll deductions made on each payday during the Offering Period in an amount not
exceeding 10% of the Compensation which he or she receives on each such payday.

          (b) Payroll deductions authorized by a participant shall commence on the first payday
following the Enrollment Date and shall end on the last payday in the Offering Period to which such
authorization is applicable, unless sooner terminated by the participant as provided in Section 10;
provided, however, that for the first Offering Period under the Plan, payroll deductions shall
commence on the first payday on or following the end of the Enrollment Window.

          (c) All payroll deductions made for a participant shall be credited to his or her account
under the Plan and shall be withheld in whole percentages only. A participant may not make any
additional payments into such account.

          (d) A participant may discontinue his or her participation in the Plan as provided in Section
10, or may change the rate of his or her payroll deductions during the Offering Period by (i)
properly completing and submitting to the Company’s payroll office (or its designee), on or before
a date prescribed by the Administrator prior to an applicable Exercise Date, a new subscription
agreement authorizing the change in payroll deduction rate in the form provided by the
Administrator for such purpose, or (ii) following an electronic or other procedure prescribed by
the Administrator. If a participant has not followed such procedures to change the rate of payroll
deductions, the rate of his or her payroll deductions shall continue at the originally elected rate
throughout the Offering Period and future Offering Periods (unless terminated as provided in
Section 10). The Administrator may, in its sole discretion, limit the nature and/or number of
payroll deduction rate changes that may be made by participants during any Offering Period. Any
change in payroll deduction rate made pursuant to this Section 6(d) shall be effective as of the
first full payroll period following five (5) business days after the date on which the change is
made by the participant (unless the Administrator, in its sole discretion, elects to process a
given change in payroll deduction rate more quickly).

          (e) Notwithstanding the foregoing, to the extent necessary to comply with Section 423(b)(8) of
the Code and Section 3(c), a participant’s payroll deductions may be decreased to zero percent (0%)
at any time during an Offering Period. Payroll deductions shall recommence at the rate originally
elected by the participant effective as of the beginning of the first Offering Period which is
scheduled to end in the following calendar year, unless terminated by the participant as provided
in Section 10.

          (f) At the time the option is exercised, in whole or in part, or at the time some or all of
the Company’s Common Stock issued under the Plan is disposed of, the participant must make adequate
provision for the Company’s federal, state, or other tax withholding obligations, if any, which
arise upon the exercise of the option or the disposition of the Common Stock. At any time, the
Company may, but shall not be obligated to, withhold from the participant’s compensation the amount
necessary for the Company to meet applicable withholding obligations,
including any

 

withholding required to make available to the Company any tax deductions or benefits
attributable to the sale or early disposition of Common Stock by the Employee.

     7. Grant of Option. On the Enrollment Date of each Offering Period, each Employee
participating in such Offering Period shall be granted an option to purchase on each Exercise Date
during such Offering Period (at the applicable Purchase Price) up to a number of shares of Common
Stock determined by dividing such participant’s payroll deductions accumulated prior to such
Exercise Date and retained in the participant’s account as of the Exercise Date by the applicable
Purchase Price; provided that in no event shall a participant be permitted to purchase during the
first Offering Period under the Plan more than 1,125 shares of Common Stock (subject to any
adjustment pursuant to Section 19) and during each subsequent Offering Period under the Plan more
than 750 shares of Common Stock (subject to any adjustment pursuant to Section 19), and provided
further that such purchase shall be subject to the limitations set forth in Sections 3(c) and 13.
The Employee may accept the grant of such option (i) with respect to the first Offering Period
under the Plan, by submitting a properly completed subscription agreement in accordance with the
requirements of Section 5(a) on or before the last day of the Enrollment Window, and (ii) with
respect to any future Offering Period under the Plan, by electing to participate in the Plan in
accordance with the requirements of Section 5(b). The Administrator may, for future Offering
Periods, increase or decrease, in its absolute discretion, the maximum number of shares of Common
Stock that a participant may purchase during each Offering Period. Exercise of the option shall
occur as provided in Section 8, unless the participant has withdrawn pursuant to Section 10. The
option shall expire on the last day of the Offering Period.

     8. Exercise of Option.

          (a) Unless a participant withdraws from the Plan as provided in Section 10, his or her option
for the purchase of shares of Common Stock shall be exercised automatically on the Exercise Date,
and the maximum number of full shares subject to option shall be purchased for such participant at
the applicable Purchase Price with the accumulated payroll deductions in his or her account. No
fractional shares of Common Stock shall be purchased; any payroll deductions accumulated in a
participant’s account which are not sufficient to purchase a full share shall be retained in the
participant’s account for the subsequent Offering Period, subject to earlier withdrawal by the
participant as provided in Section 10. Any other monies left over in a participant’s account after
the Exercise Date shall be returned to the participant. During a participant’s lifetime, a
participant’s option to purchase shares hereunder is exercisable only by him or her.

          (b) Notwithstanding any contrary Plan provision, if the Administrator determines that, on a
given Exercise Date, the number of shares of Common Stock with respect to which options are to be
exercised may exceed (i) the number of shares of Common Stock that were available for sale under
the Plan on the Enrollment Date of the applicable Offering Period, or (ii) the number of shares of
Common Stock available for sale under the Plan on such Exercise Date, the Administrator may in its
sole discretion (x) provide that the Company shall make a pro rata allocation of the shares of
Common Stock available for purchase on such Enrollment Date or Exercise Date, as applicable, in as
uniform a manner as shall be practicable and as it shall determine in its sole discretion to be
equitable among all participants exercising options to purchase Common Stock on such Exercise Date,
and continue all Offering Periods then in effect, or (y) provide that the Company shall make a pro
rata allocation of the shares of Common Stock available for purchase on such Enrollment Date

 

or Exercise Date, as applicable, in as uniform a manner as shall be practicable and as it
shall determine in its sole discretion to be equitable among all participants exercising options to
purchase Common Stock on such Exercise Date, and terminate any or all Offering Periods then in
effect pursuant to Section 20. The Company may make pro rata allocation of the shares of Common
Stock available on the Enrollment Date of any applicable Offering Period pursuant to the preceding
sentence, notwithstanding any authorization of additional shares of Common Stock for issuance under
the Plan by the Company’s shareholders subsequent to such Enrollment Date.

     9. Delivery. As soon as administratively practicable after each Exercise Date on
which a purchase of shares of Common Stock occurs, the Company shall arrange the delivery to each
participant, as appropriate, the shares purchased upon exercise of his or her option in a form
determined by the Administrator (in its sole discretion). No participant shall have any voting,
dividend, or other shareholder rights with respect to shares of Common Stock subject to any option
granted under the Plan until such shares have been purchased and delivered to the participant as
provided in this Section 9.

     10. Withdrawal.

          (a) Under procedures established by the Administrator, a participant may withdraw all but not
less than all the payroll deductions credited to his or her account and not yet used to exercise
his or her option under the Plan at any time by (i) submitting to the Company’s payroll office (or
its designee) a written notice of withdrawal in the form prescribed by the Administrator for such
purpose, or (ii) following an electronic or other withdrawal procedure prescribed by the
Administrator. All of the participant’s payroll deductions credited to his or her account shall be
paid to such participant as promptly as practicable after the effective date of his or her
withdrawal and such participant’s option for the Offering Period shall be automatically terminated,
and no further payroll deductions for the purchase of shares shall be made for such Offering
Period. If a participant withdraws from an Offering Period, payroll deductions shall not resume at
the beginning of the succeeding Offering Period unless the participant re-enrolls in the Plan in
accordance with the provisions of Section 5.

          (b) A participant’s withdrawal from an Offering Period shall not have any effect upon his or
her eligibility to participate in any similar plan which may hereafter be adopted by the Company or
in succeeding Offering Periods which commence after the termination of the Offering Period from
which the participant withdraws.

     11. Termination of Employment. In the event a participant ceases to be an Employee of
an Employer, any payroll deductions credited to such participant’s account during the Offering
Period but not yet used to purchase shares of Common Stock under the Plan shall be returned to such
participant or, in the case of his or her death, to the person or persons entitled thereto under
Section 15, and such participant’s option shall be automatically terminated. The preceding
sentence notwithstanding, a participant who receives payment in lieu of notice of termination of
employment shall be treated as continuing to be an Employee for the participant’s customary number
of hours per week of employment during the period in which the participant is subject to such
payment in lieu of notice.

 

     12. Interest. No interest shall accrue on the payroll deductions of a participant in
the Plan.

     13. Stock.

          (a) Subject to adjustment upon changes in capitalization of the Company as provided in Section
19, the maximum number of shares of Common Stock which shall be made available for sale under the
Plan shall be 500,000 shares plus an annual increase to be added on the first day of the Company’s
fiscal year beginning in fiscal year 2003, equal to the lesser of (i) 750,000 shares, (ii) 2% of
the outstanding shares on such date or (iii) an amount determined by the Board.

          (b) Shares of Common Stock to be delivered to a participant under the Plan shall be registered
in the name of the participant or in the name of the participant and his or her spouse.

     14. Administration. The Plan shall be administered by the Board or a committee of
members of the Board who shall be appointed from time to time by, and shall serve at the pleasure
of, the Board. The Administrator shall have full and exclusive discretionary authority to
construe, interpret and apply the terms of the Plan, to determine eligibility and to adjudicate all
disputed claims filed under the Plan. The Administrator, in its sole discretion and on such terms
and conditions as it may provide, may delegate to one or more individuals all or any part of its
authority and powers under the Plan. Every finding, decision and determination made by the
Administrator (or its designee) shall, to the full extent permitted by law, be final and binding
upon all parties.

     15. Designation of Beneficiary.

          (a) A participant may designate a beneficiary who is to receive any shares of Common Stock and
cash, if any, from the participant’s account under the Plan in the event of such participant’s
death subsequent to an Exercise Date on which the option is exercised but prior to delivery to such
participant of such shares and cash. In addition, a participant may designate a beneficiary who is
to receive any cash from the participant’s account under the Plan in the event of such
participant’s death prior to exercise of the option. If a participant is married and the
designated beneficiary is not the spouse, spousal consent shall be required for such designation to
be effective.

          (b) Such designation of beneficiary may be changed by the participant at any time. In the
event of the death of a participant and in the absence of a beneficiary validly designated under
the Plan who is living at the time of such participant’s death, the Company shall deliver such
shares and/or cash to the executor or administrator of the estate of the participant, or if no such
executor or administrator has been appointed (to the knowledge of the Company), the Company, in its
discretion, may deliver such shares and/or cash to the spouse or to any one or more dependents or
relatives of the participant, or if no spouse, dependent or relative is known to the Company, then
to such other person as the Company may designate.

          (c) All beneficiary designations under this Section 15 shall be made in such form and manner
as the Administrator may prescribe from time to time.

     16. Transferability. Neither payroll deductions credited to a participant’s account
nor any rights with regard to the exercise of an option or to receive shares of Common Stock under
the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by
will, the

 

laws of descent and distribution or as provided in Section 15) by the participant. Any such
attempt at assignment, transfer, pledge or other disposition shall be without effect, except that
the Company may treat such act as an election to withdraw from an Offering Period in accordance
with Section 10.

     17. Use of Funds. All payroll deductions received or held by the Company under the
Plan may be used by the Company for any corporate purpose, and the Company shall not be obligated
to segregate such payroll deductions. Until shares of Common Stock are issued under the Plan (as
evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer
agent of the Company), a participant shall only have the rights of an unsecured creditor with
respect to such shares.

     18. Reports. Individual accounts shall be maintained for each participant in the
Plan. Statements of account shall be given to participating Employees at least annually, which
statements shall set forth the amounts of payroll deductions, the Purchase Price, the number of
shares of Common Stock purchased and the remaining cash balance, if any.

     19. Adjustments, Dissolution, Liquidation or Change of Control.

          (a) Adjustments. In the event that any dividend or other distribution (whether in the
form of cash, Common Stock, other securities, or other property), recapitalization, stock split,
reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination,
repurchase, or exchange of Common Stock or other securities of the Company, or other change in the
corporate structure of the Company affecting the Common Stock such that an adjustment is determined
by the Administrator (in its sole discretion) to be appropriate in order to prevent dilution or
enlargement of the benefits or potential benefits intended to be made available under the Plan,
then the Administrator shall, in such manner as it may deem equitable, adjust the number and class
of Common Stock which may be delivered under the Plan, the Purchase Price per share and the number
of shares of Common Stock covered by each option under the Plan which has not yet been exercised,
and the numerical limits of Sections 7 and 13.

          (b) Dissolution or Liquidation. In the event of the proposed dissolution or
liquidation of the Company, the Offering Period then in progress shall be shortened by setting a
new Exercise Date (the “New Exercise Date”), and shall terminate immediately prior to the
consummation of such proposed dissolution or liquidation, unless provided otherwise by the Board.
The New Exercise Date shall be before the date of the Company’s proposed dissolution or
liquidation. The Board shall notify each participant in writing, at least ten (10) business days
prior to the New Exercise Date, that the Exercise Date for the participant’s option has been
changed to the New Exercise Date and that the participant’s option shall be exercised automatically
on the New Exercise Date, unless prior to such date the participant has withdrawn from the Offering
Period as provided in Section 10.

          (c) Merger or Change of Control. In the event of a merger or Change of Control, each
outstanding option shall be assumed or an equivalent option substituted by the successor
corporation or a Parent or Subsidiary of the successor corporation. In the event that the
successor corporation refuses to assume or substitute for the option, any Offering Periods then in
progress shall be shortened by setting a new Exercise Date (the “New Exercise Date”) and any
Offering Periods then in progress shall end on the New Exercise Date. The New Exercise Date shall
be before the

 

date of the Company’s proposed merger or Change of Control. The Board shall notify each
participant in writing, at least ten (10) business days prior to the New Exercise Date, that the
Exercise Date for the participant’s option has been changed to the New Exercise Date and that the
participant’s option shall be exercised automatically on the New Exercise Date, unless prior to
such date the participant has withdrawn from the Offering Period as provided in Section 10.

     20. Amendment or Termination.

          (a) The Administrator may at any time and for any reason terminate or amend the Plan. Except
as provided in Section 19, no such termination can affect options previously granted under the
Plan, provided that an Offering Period may be terminated by the Administrator on any Exercise Date
if the Administrator determines that the termination of the Plan is in the best interests of the
Company and its stockholders. Except as provided in Section 19 and this Section 20, no amendment
may make any change in any option theretofore granted which adversely affects the rights of any
participant. To the extent necessary to comply with Section 423 of the Code (or any successor rule
or provision or any other applicable law, regulation or stock exchange rule), the Company shall
obtain stockholder approval in such a manner and to such a degree as required.

          (b) Without stockholder consent and without regard to whether any participant rights may be
considered to have been “adversely affected,” the Administrator shall be entitled to change the
Offering Periods, limit the frequency and/or number of changes in the amount withheld during an
Offering Period, establish the exchange ratio applicable to amounts withheld in a currency other
than U.S. dollars, permit payroll withholding in excess of the amount designated by a participant
in order to adjust for delays or mistakes in the Company’s processing of properly completed
withholding elections, establish reasonable waiting and adjustment periods and/or accounting and
crediting procedures to ensure that amounts applied toward the purchase of Common Stock for each
participant properly correspond with amounts withheld from the participant’s Compensation, and
establish such other limitations or procedures as the Administrator determines in its sole
discretion advisable which are consistent with the Plan.

          (c) In the event the Administrator determines that the ongoing operation of the Plan may
result in unfavorable financial accounting consequences, the Board may, in its discretion and, to
the extent necessary or desirable, modify or amend the Plan to reduce or eliminate such accounting
consequence including, but not limited to:

               (i) altering the Purchase Price for any Offering Period including an Offering Period underway
at the time of the change in Purchase Price;

               (ii) shortening any Offering Period so that Offering Period ends on a new Exercise Date,
including an Offering Period underway at the time of the Board action; and

               (iii) allocating shares.

Such modifications or amendments shall not require stockholder approval or the consent of any Plan
participants.

     21. Notices. All notices or other communications by a participant to the Company
under or in connection with the Plan shall be deemed to have been duly given when received in the
form

 

specified by the Company at the location, or by the person, designated by the Company for the
receipt thereof.

     22. Conditions Upon Issuance of Shares. Shares of Common Stock shall not be issued
with respect to an option under the Plan unless the exercise of such option and the issuance and
delivery of such shares pursuant thereto shall comply with all applicable provisions of law,
domestic or foreign, including, without limitation, the Securities Act of 1933, as amended,
including the rules and regulations promulgated thereunder, the Exchange Act and the requirements
of any stock exchange upon which the shares may then be listed, and shall be further subject to the
approval of counsel for the Company with respect to such compliance.

           As a condition to the exercise of an option, the Company may require the person exercising
such option to represent and warrant at the time of any such exercise that the shares are being
purchased only for investment and without any present intention to sell or distribute such shares
if, in the opinion of counsel for the Company, such a representation is required by any of the
aforementioned applicable provisions of law.

     23. Term of Plan. The Plan shall become effective upon the earlier to occur of its
adoption by the Board or its approval by the stockholders of the Company. It shall continue in
effect until terminated under Section 20.exv10w5a4

 

Exhibit 10.5A4

AMENDMENT NUMBER 4

TO LICENSE AND DISTRIBUTION AGREEMENT

     This Amendment Number 4 to the License and Distribution Agreement (the “Amendment”), dated
September 27, 2006 (the “Effective Date”), amends the terms of the License and Distribution
Agreement, dated August 2001, including any and all previous amendments thereto (the “Agreement”)
by and between Altiris Inc., a Delaware corporation having its principal of place of business at
588 West 400 South, Lindon, Utah 84042 (“Altiris”) and Hewlett-Packard, a Delaware corporation
having its principal place of business at 3000 Hanover Street, Palo Alto, California 94304 (“HP”)
(individually, the “Party,” collectively, the “Parties”). Unless specifically modified or changed
herein, the terms and conditions of the Agreement shall remain in effect. In the event of a
conflict or inconsistency between the terms and conditions contained in this Amendment and the
Agreement, the terms and conditions contained in this Amendment shall prevail.

     WHEREAS, the Parties have previously entered into the Agreement that grants HP rights to
incorporate certain Altiris software into HP product lines; and

     WHEREAS, the Parties desire to amend the Agreement to update certain deliverables provided by
Altiris and the terms and conditions corresponding to such deliverables.

     NOW, THEREFORE, in consideration of the above recitals, the mutual undertakings of the Parries
as contained herein, and other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties to this Amendment hereby agree as follows:

     I. Definitions. All capitalized terms which are not defined in this Amendment shall
have the meaning as set forth in the Agreement.

     II. Modifications. The Agreement is amended and supplemented as follows:

     1. Section 1.29 shall be modified as follows:

“1.29 “Licensed Software” shall mean each of the components of the
Altiris eXpress deployment server software, which consists of the software
components listed on Schedule 1.2 of Exhibit A (as may be modified as set forth
on Schedule 1.2), and which shall also include those modifications made under
this Amendment No. 4 to the Deployment Server software to include functionality
to provide compatibility with the Intel Itanium processor, to the extent the
foregoing are for deployment and redeployment of HP Products and products,
similar thereto, and any Updates/Maintenance Releases and New Releases to be
provided under this Agreement.”

     2. The following shall be added as Section 2.4:

 

	 	“2.4 Altiris shall use best efforts to develop and deliver to HP no later than
December 6, 2006, the Deployment Server software product, in object code format,
as modified to include functionality for compatibility with the Intel Itanium
processor (hereinafter referred to as the “Deployment Server for Itanium” or
Licensed Software”), which product shall be deemed to be a standard commercially
available Altiris software product.”
	 
	 	3.	 	Section 3. License and Rights, Section 4. Marketing,
Promotion and Press Releases, Section 6. Support and Updates/Maintenance
Releases and New Releases, Section 7 Royalties and Fees (as such sections
were modified by Amendment No. 3) shall apply to this Amendment No. 4,
provided that (i) any references to the Licensed Software shall be deemed
to include the Deployment Server for Itanium, (ii) references to Compaq
shall be deemed to refer to HP, and (iii) references to Compaq products
shall be deemed to refer to the HP products.
	 
	 	4.	 	The following shall be added as Section 7.7:
	 
	 	 	 	“7.7 In consideration for the development as further defined in Exhibit
B-l and license grants set forth in this Amendment No. 4, HP shall pay to
Altiris fees in the fixed amount of [*], which fees shall be paid in three
(3) installments as detailed below and which shall be used for the
development activities of Altiris hereunder.
	 
	 	 	 	Payment No. 1 in the amount of [*] shall be due sixty (60) days after the
Effective Date of this Amendment.
	 
	 	 	 	Payment No. 2 in the amount of [*] shall be due within sixty (60) days
after the delivery by Altiris to HP of the final object code for the
Deliverables as defined in Exhibit B-l.
	 
	 	 	 	Payment No. 3 in the amount of [*] shall be due within sixty (60) days
after HP’s acceptance of the Deliverables as defined in Exhibit B-l. In
the event that HP fails to notify Altiris in a detailed writing of any
nonconformance of the Deliverables on or before March 31, 2007, the
parties agree that the Deliverables shall be deemed accepted by HP.
	 
	 	5.	 	Exhibit B-l shall be attached hereto and made a part hereof.

     III. Conflicts. All other terms not expressly amended herein shall remain in full
force and effect as set form in the Agreement. Should a conflict arise between this Amendment and
the Agreement, the provisions of this Amendment shall control.

 

			
	[ * ] 	 	These provisions are the subject of a Confidential Treatment Request

-2-

 

     IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly
authorized representatives, all as of the date first written above.

	 	 	 	 	 	 	 	 
	Agreed and Accepted:	 	Agreed and Accepted:	 	 
	ALTIRIS, INC.	 	HEWLETT-PACKARD COMPANY	 	 
	 
	 	 	 	 	 	 	 
	By:

	/s/ Michael R. Samuelian
	 	By:
	 	/s/ Rick Beck	 	 
	 

	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	Printed Name: Michael R. Samuelian	 	Printed Name: Rick Beck	 	 
	 
	 	 	 	 	 	 	 
	Title: Vice President Sales	Title: VP	 	 
	 
	 	 	 	 	 	 	 
	Date: 11/14/06	 	Date: 10-5-06	 	 
	 
	 	 	 	 	 	 	 
	Reviewed by Altiris Legal	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	By:

	HW	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	Date:

	 10-6-06	 	 	 	 	 	 

 

EXHIBIT B-l

DEPLOYMENT SERVER SUPPORT FOR ITANIUM-BASED PRODUCTS

STATEMENT OF WORK

     1. SCOPE OF THE STATEMENT OF WORK

     Altiris will provide updated versions of Deployment Solution that include support for
Itanium-based products, such as HP Integrity servers. This support will include deployment of Linux
IA-64 and Windows for 64 Bit systems using both the native operating system scripted install and
the Altiris image installation methods.

     Altiris will provide both LinuxPE and WinPE pre-boot support on the Itanium-based products,
including changes needed to comprehend the EFI boot environment and the IA-64 processor
architecture.

     Altiris will also provide a deployment agent for Linux IA-64 and Windows for 64 Bit systems.

     Hardware discovery of the Management Processor (iLO equivalent on Integrity) will be similar
to that for iLO/RILOE on ProLiant.

     It is not a requirement for the Altiris Deployment Solution to run on Itanium-based products.

     This will provide a robust deployment solution for ProLiant and Integrity servers.

     2. PROJECT MANAGERS AND PROJECT COORDINATION

	 	 	 	 	 
	 

	 	For HP:
	 	For Altiris:
	 

	 	Gail Reebenacker
	 	Glen Herzog
	 

	 	Project Manager
	 	Program Manager, Deployment Solution
	 

	 	Mailstop 150601
	 	588 West 400 South
	 

	 	20555 Tomball Parkway
	 	Lindon, Utah 84042
	 

	 	Houston, Texas 77070	 	 

     3. DESCRIPTION OF SERVICES

          a. Altiris will provide the following services (collectively, the “Services”):

     Altiris will develop updates to their Deployment Server product, which forms the basis of HP
ProLiant Essentials Rapid Deployment Pack, in order to provide support for servers based on
Itanium-based products.

 

     4. DESCRIPTION OF DELIVERABLES

          a. List of Deliverables. Altiris will provide the updates described in Paragraph 3
above to develop and deliver the following Deliverables:

	 	•	 	Program/Project Plan
	 
	 	•	 	Documentation
	 
	 	•	 	Deployment Solution Preliminary Builds
	 
	 	•	 	Deployment Solution Final Release

          b. Requirements for Deliverables. Project plan shall include milestone dates
including development complete, first release to HP, beta release, release candidate, and final
release date. Project plan updates shall be communicated in the regular RDP core team meeting.

     Documentation will include updates to existing Altiris Deployment Server documentation to
include certain IA-64 and Integrity unique features.

     The Altiris Deployment Solution to be delivered is an updated version that includes support
for Itanium-based products as described above. This will be released to HP in beta form to support
internal development and testing by HP of RDP. The final release of the updated Deployment Solution
will be released by Altiris with RDP integration of Integrity support

     Detailed requirements for Deployment Solution are:

               1. Support image capture and deploy of Itanium-based products running Windows.

               2. Support image capture and deploy of Itanium-based products running Linux.

               3. Support scripted OS install of Windows on Itanium-based products.

               4. Support scripted OS install of Linux on Itanium-based products.

               5. Support gathering basic inventory information from Integrity servers on initial pre-boot,
similar to what is done for ProLiants.

               6. Support pre-boot of Linux via PXE, CD, and USB key, support pre-boot of WinPE via CD.

               7. Support configuration discovery of the Management Processor on Integrity and provide
console features (browse to interface, power control, reset, etc.) as with the ProLiants.

B-2

 

               8. Ability for HP to create a single unified RDP product, that supports both Integrity and
ProLiant servers.

               9. Provide preliminary releases of the updated version of Deployment Solution to HP for
development and testing purposes.

          c. Acceptance Criteria for Deliverables. Acceptance criteria for the Deliverables
will be conformance to the requirements set forth above, or otherwise as set forth in the body of
Amendment No. 4.

     It is anticipated that some minor bugs may be deferred to a future release; however those
should be resolved by the next major release of Deployment Solution.

          d. Delivery Date for Deliverables. All Deliverable shall be completed by December 6,
2006 and submitted to HP for validation against the acceptance criteria noted above.

B-3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00119-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00119-of-00352.parquet"}]]