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Exhibit 10.5    
  

Amended June 25, 2002

 
 

ACCPAC INTERNATIONAL, INC.
  1998 STOCK INCENTIVE PLAN    
  

I.    Purpose.  

        The purpose of the ACCPAC International, Inc. 1998 Stock Incentive Plan is to promote the growth and profitability of ACCPAC International, Inc.
(the "Company") and its subsidiaries and to provide officers and key employees of the Company and its subsidiaries with an incentive to achieve long-term corporate objectives, to attract
and retain key employees of outstanding competence, and to provide such key employees with an opportunity to acquire an equity interest in the Company. 

        Options
granted hereunder may be either Incentive Stock Options (as defined under Section 422 of the Code) or Nonstatutory Stock Options, at the discretion of the Committee and as
reflected in the terms of the written option agreement. 

II.    Definitions.  

        The following terms shall have the meaning shown: 

        2.1  "Board"
shall mean the Board of Directors of the Company. 

        2.2  "Code"
shall mean the Internal Revenue Code of 1986, as the same shall be amended from time to time. 

        2.3  "Committee"
shall mean the Stock Option and Compensation Committee of the Board, having at least two (2) members and consisting of directors appointed to the
Committee by the Board, none of whom shall be eligible to participate in the Plan and each of whom shall otherwise qualify as a disinterested person for purposes of Rule 16b-3 under
the Securities Exchange Act of 1934, as amended, or any successor rule, promulgated by the Securities and Exchange Commission. 

        2.4  "Common
Stock" shall mean the Company's Common Stock, par value $.01 per share. 

        2.5  "Continuing
Director" shall mean (a) any member of the Board, while such person is a member of the Board, who was a member of the Board on January 7,1998,
the date of the adoption of the Plan, or (b) any member of the Board, while such person is a member of the Board, if such person's nomination or election to the Board was recommended or made by
a majority of the Continuing Directors. 

        2.6  "Fair
Market Value" shall mean the value of a share of Common Stock on a particular date, determined as follows: 

        (a)  If
the Common Stock is listed or admitted to trading on such date on the New York Stock Exchange, the closing sales price of the Common Stock on such date as reported in
the principal consolidated transaction reporting system with respect to securities listed or admitted to trading on the New York Stock Exchange; or 

        (b)  If
the Common Stock is not listed or admitted to trading on the New York Stock Exchange but is listed or admitted to trading on another national exchange, the closing
sales price of the Common Stock on such date as reported in the principal consolidated transaction reporting system with respect to securities listed or admitted to trading on such national exchange;
or 

        (c)  If
the Common Stock is not listed or admitted to trading on any national exchange, the mean of the closing bid and asked prices (or, if available, the high and low sales
prices) of a share 

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on such date in the over-the-counter market, as reported by the National Association of Securities Dealers, Inc. Automatic Quotation Systems, the National Quotation
Bureau or such other system then in use with regard to the Common Stock or, if on such date the stock of the Company is publicly traded but not quoted by any such system, the mean of the closing bid
and asked prices of the Common Stock on such date as furnished by a professional market maker making a market in the Common Stock; or 

        (d)  If
in (a), (b) or (c) above, as applicable, there were no sales on such date reported as provided above, but a public market exists, the last sale price on the most
recent prior day on which a sale of the Common Stock took place; or 

        (e)  If
no public market exists for the Common Stock, the fair market value as determined by the Committee. 

        2.7  "ISOs"
shall mean stock options which at the time granted qualify as incentive stock options under Section 422 of the Code granted by the Company or any
Subsidiary. 

        2.8  "Nonstatutory
Options" shall mean stock options which at the time granted are not intended to qualify as ISOs. 

        2.9  "Options"
shall mean any rights to purchase shares of Common Stock granted pursuant to Article IV of this Plan including both ISOs and Nonstatutory Options. 

      2.10  "Parent"
shall mean any corporation which, on the date of determination, qualifies as a parent corporation of the Company under Section 424(e) of the Code, or
any similar provision hereafter enacted. 

      2.11  "Plan"
shall mean this ACCPAC International, Inc. Stock Incentive Plan, as the same shall be amended from time to time. 

      2.12  "SARs"
shall mean stock appreciation rights granted pursuant to Article V of the Plan. 

      2.13  "Subsidiary"
shall mean any corporation which, on the date of determination, qualifies as a subsidiary corporation of the Company under Section 424(f) of the
Code, or any similar provision hereafter enacted. 

      2.14  "Ten
Percent Stockholder" shall mean any stockholder who at the time an ISO is granted owns (within the meaning of Section 424(d) of the Code) more than ten
percent (10%) of the voting power of all classes of stock of the Company or any Subsidiary. 

III.  General.  

        3.1    Administration.    

        (a)  The
Plan shall be administered by the Committee. The Committee shall have full authority to interpret the Plan and all Options and SARs granted hereunder; to establish,
amend, and rescind rules for carrying out the Plan; to administer the Plan; to select employees to participate in the Plan; to grant Options and SARs under the Plan; to determine the terms, exercise
price and form of exercise payment for each Option and SAR granted under the Plan; to determine whether each Option granted under the Plan shall be intended to qualify as an ISO; and to make all other
determinations and to take all such steps in connection with the Plan, the Options and the SARs as the Committee, in its discretion, deems necessary or desirable. The Committee shall not be bound to
any standards of uniformity or similarity of action, interpretation or conduct in the discharge of its duties hereunder, regardless of the apparent similarity of the matters coming before it. Its
determination shall be binding on all parties, including Optionees and any other holders of any Options. 

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        (b)  Any
employee may hold more than one Option or SAR under the Plan and under any other plan pursuant to which stock options, stock appreciation rights or other incentives
may be granted, issued or paid. 

        (c)  The
Committee may designate any employees of the Company or professional advisors to assist the Committee in the administration of the Plan, and may grant authority to
such persons to execute agreements or other documents on behalf of the Committee. The Committee may employ such legal counsel, consultants and agents as it may deem desirable for the administration of
the Plan, and may rely upon any opinion received from any such counsel or consultant and any computation received from any such consultant or agent. Expenses incurred by the Committee in the
engagement of such counsel, consultant or agent shall be paid by the Company. 

        (d)  No
member or former member of the Committee or of the Board shall be liable for any action or determination made in good faith with respect to the Plan or any Option or
SAR granted under it. To the maximum extent permitted by applicable law, each member or former member of the Committee or of the Board shall be indemnified and held harmless by the Company against any
cost or expense (including counsel fees) or liability (including any sum paid in settlement of a claim with the approval of the Company) arising out of any act or omission to act in connection with
the Plan unless arising out of such member's or former member's own fraud or bad faith. Such indemnification shall be in addition to any rights of indemnification the members or former members may
have as directors under applicable law or under the certificate of incorporation or by-laws of the Company. 

        (e)  The
Committee shall select one of its members as a Chairman and shall adopt such rules and regulations as it shall deem appropriate concerning the holding of its
meetings and the transaction of its business. Any member of the Committee may be removed at anytime either with or without cause by resolution adopted by the Board, and any vacancy on the Committee
may at any time be filled by resolution adopted by the Board. 

        (f)    All
determinations by the Committee shall be made by the affirmative vote of a majority of its members. Any such determination may be made at a meeting duly called and
held at which a majority of the members of the Committee were in attendance in person or through telephonic communication. Any determination set forth in writing and signed by all of the members of
the Committee shall be as fully effective as if it had been made by a majority vote of the members at a meeting duly called and held. 

IV.  Options.  

        4.1    No Grants to Outside Directors.    

        Directors
of the Company who are not also employees of the Company or a Subsidiary shall in no event be eligible to be granted Options or SARs under this Plan. 

        4.2    Terms and Conditions.    

        The
grant of an Option shall be evidenced by a written option agreement in a form approved by the Committee. Such Option shall be subject to the following express terms and conditions
and to such
other terms and conditions, not inconsistent with the terms of this Plan, which the Committee may deem appropriate. 

        (a)    Terms of Options.    

        The
term of each Option shall be for such period as the Committee shall determine, but for not more than ten (10) years from the date of grant thereof;  provided, however, that in the case of an ISO
granted to any individual who, at the time of grant is a Ten Percent Stockholder, such period shall not
exceed five (5) years from the date of grant. 

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        (b)    Exercise Price.    

        The
exercise price per share for the Common Stock covered by any Option (the "Exercise Price") shall be determined by the Committee and shall not be less than the Fair Market Value (or
in the case of an Option granted to a Ten Percent Stockholder, 110 percent of the Fair Market Value) of one (1) share of Common Stock (but in no event less than the par value) on the
date the Option is granted. The aggregate Fair Market Value (determined at the time the ISO is granted) of the shares of Common Stock (together with all other stock of the Company and all stock of any
Parent or Subsidiary) with respect to which ISOs may first become exercisable by an individual optionee during any calendar year, under all stock option plans of the Company and of its Parents and
Subsidiaries, shall not exceed $100,000. 

        (c)    Exercise of Options.    

        An
Option may be exercised from time to time by written notice by the optionee of his intent to exercise the Option with respect to a specified number of shares. Alternatively, the
Company may provide for exercise of an optionee's Option by delivery of an irrevocable notice of exercise signed by the optionee, accompanied by payment in full of the Exercise Price by the optionee's
broker and an irrevocable instruction to the Company to deliver the shares of Common Stock issuable upon exercise of the Option promptly to the optionee's broker for the optionee's account, provided
that at the time of such exercise the optionee is not subject to Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act"), or that such exercise would not subject the optionee
to liability under such Section 16(b) pursuant to Securities and Exchange Commission Rule 16b-3 or any successor rule or regulation of the Commission. In either case, the
specified number of shares will be issued and transferred to the optionee upon receipt by the Company of (i) such notice and (ii) payment in full for such shares. 

        (d)    Payment of Exercise Price Upon Exercise.    

        The
medium for payment of the Exercise Price for the shares of Common Stock with respect to which an Option shall be exercised shall be determined by the Committee and specified in each
option agreement and may include payment in (i) cash (or by certified or bank check), (ii) whole shares of Common Stock already owned by the optionee, valued at their Fair Market Value
on the date immediately preceding the date of exercise, (iii) a combination of cash (or certified or bank check) and Common Stock equal to the Exercise Price or (iv) such other form of
consideration as the Committee may, in its sole discretion, determine to be acceptable. 

        (e)    Exercise Period; Termination of Employment.    

        (1)    No Exercise Within One Year of Grant.    The Committee shall have the discretion to determine when each Option
granted hereunder shall become exercisable, and to prescribe any vesting schedule limiting the exercisability of such Options as it may deem appropriate. Unless the Committee affirmatively determines
otherwise, no Option shall become exercisable prior to the date which is one (1) year after the date on which the Option was granted. 

        (2)    By Reason of the Participant's Death.    If the optionee dies while an employee of the Company or a Subsidiary,
all outstanding Options granted to the optionee and not exercised by the optionee prior to death shall, notwithstanding any vesting schedule or period of non-exercisability imposed on such
Options pursuant to Paragraph 4.2(e) of this Plan, without any further action of the Committee, immediately become exercisable in full, effective as of the death of the optionee by the estate
or by the person given authority to exercise such Options by his will or by operation of law for a period of one (1) year from the date of the 

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optionee's death; provided, however, that no Option may be exercised more than ten (10) years from the date of grant or the date such Option expires by its terms. 

        In
the event an Option is exercised by the executor or administrator of a deceased optionee, or by the person or persons to whom the Option has been transferred by the Optionee's will or
the applicable laws of descent and distribution, the Company shall be under no obligation to deliver stock thereunder unless and until the Company is satisfied that the person or persons exercising
the Option is or are the duly appointed executor(s) or administrator(s) of the deceased optionee or the person to whom the Option has been transferred by the optionee's will or by the applicable laws
of descent and distribution. 

        (3)    By Reason of the Participant's Retirement or Disability.    If an optionee retires at or after age 65 (or, at
his early retirement date as defined in any retirement plan of the Company or a Subsidiary which is qualified under Section 401 et seq. of the
Code), all outstanding Options not exercised by the optionee
prior to the termination of his employment shall, unless otherwise specified in his option agreement, remain exercisable (to the extent that the optionee was entitled to exercise them at the date of
such age 65 retirement or early retirement) for a period of three (3) months after termination of employment. If an optionee terminates due to disability, all outstanding Options not exercised
by the optionee prior to the termination of employment shall, unless otherwise specified in his option agreement, remain exercisable (to the extent that the optionee was entitled to exercise them at
the date of such termination) for a period of one (1) year from the date of termination of the optionee's employment. Notwithstanding anything in the foregoing to the contrary, no Option may be
exercised more than ten (10) years after the date of grant thereof. As used in this subsection, the term "disability" shall refer to a condition causing an employee to be unable to engage in
any substantially gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of
not less than twelve (12) months. 

        (4)    By Reason of Other Separation from Service.    Upon any termination of employment not governed by
Section 4.2(e)(2) or (3) hereof, the optionee may exercise his or her Option (to the extent the optionee was entitled to exercise such Option as of the date of termination), but only within
such period of time ending on the earlier of (i) the date 30 days following the termination of the optionee's employment (or such longer or shorter period specified in the option
agreement, which period shall not be less than 30 days unless such termination is for cause) and (ii) the expiration of the term of the Option as set forth in the option agreement. The
assignment of any optionee from the Company to a Subsidiary or from a Subsidiary to the Company or from one Subsidiary to another Subsidiary shall not be considered a termination of employment. 

        For
purposes of this Agreement, the employment of an optionee shall be treated as continuing intact while the optionee is on military leave, sick leave or other bona fide leave of
absence (such as temporary employment with the Government) if the period of such leave does not exceed ninety (90) days, or if longer, so long as the optionee's right to
re-employment with the Company or a Subsidiary is guaranteed either by statute or by contract. Where the period of leave exceeds ninety (90) days and where the optionee's right to
re-employment is not guaranteed either by statute or by contract, the employment relationship shall be deemed to have terminated on the ninety-first (91st) day of such leave. 

        4.3    Designation of Options. 

        Each
Option shall be designated in the written option agreement as either an ISO or a Nonstatutory Option. 

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        4.4    Incentive Stock Options.    

        Each
provision of the Plan and of each written option agreement relating to an Option designated as an ISO shall be construed so that such Option qualifies as an ISO, and any provision
that cannot be so construed shall be disregarded. 

        4.5    Waiver of Restrictions on Exercisability Upon a Change in Control.    

        (a)  The
Committee may, in its sole discretion, determine that any option agreement to be executed with respect to Options to be granted to an individual under the Plan
shall, or that any existing option agreement (or agreements) executed with respect to all or any portion of Options previously granted to the individual under this Plan shall be amended to, include a
provision stating that if, during the period of one (1) year ending on the first anniversary of the effective date of any Change of Control Transaction, 

        (1)  the
optionee's employment with the Company or any Subsidiary shall be terminated without just cause (relating to the specific optionee) on the part of the Company; or 

        (2)  the
optionee's aggregate annual compensation shall be materially reduced, 

then
the Options granted to the optionee (or the relevant portion thereof) shall, notwithstanding any vesting schedule or period of non-excersiability imposed on such Options pursuant to
Paragraph 4.2(e) of this Plan, and without any further action of the Company or the Committee, immediately become exercisable in full, effective as of the date of such change in the optionee's
employment status. 

        (b)  For
purposes of this Paragraph, a "Change of Control Transaction" shall be deemed to have occurred if more than thirty percent (30%) of the aggregate voting power of all
classes of outstanding securities of the Company ordinarily entitled to vote in elections of directors shall be acquired (whether by direct purchase, exchange upon merger or otherwise) by another
corporation or other person or group without the prior consent (evidenced by a resolution adopted at a duly called meeting of the Board or by a written statement of action) of a majority of the
Continuing Directors. "Group" shall mean persons who act in concert as described in Section 14(d)(2) of the Securities Exchange Act of 1934, as amended. In addition, any transfer or sale of
substantially all the assets of the Company shall constitute a "Change of Control Transaction." 

        (c)  The
Committee may, in its sole discretion, determine at any time that all or any portion of Options granted to an individual under the Plan shall, notwithstanding any
restrictions on exercisability imposed pursuant to Paragraph 4.2(e), become immediately exercisable in full. 

        4.6    Tax Gross-Ups.    

        The
Committee may, in its sole discretion, award to any optionee tax gross-up rights, which entitle the optionee to cash payments from the Company at such time as income
and/or exercise tax liability arises with respect to the exercise of Options granted hereunder. Such tax gross-up rights may be granted coincident with or after the date of grant of the
related Option. 

V.    Stock Appreciation Rights.  

        5.1    Grant of SARs.    

        The
Committee may, in its sole discretion, from time to time grant SARs to optionees in connection with (but not separately from) any Option granted under this Plan. Holders of SARs
shall be entitled to receive upon exercise thereof, in cash or Common Stock as provided in Paragraph 5.3(c), the difference between the Fair Market Value of the Common Stock underlying the
Option on the day preceding the exercise date and the Exercise Price of the Option. SARs 

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may be granted with respect to all or part of the Common Stock issuable upon exercise of a particular Option, except as otherwise expressly provided herein. 

        5.2    Related-to Options.    

        SARs
shall entitle the holder of the related Option, upon exercise, in whole or in part, of the SARs to receive payment in the amount and form determined pursuant to
Paragraph 5.3(c). SARs may be exercised only to the extent that the related Option has not been exercised. The exercise of SARs shall result in a pro rata surrender of the related Option to the
extent that the SARs have been exercised. 

        5.3    Terms and Conditions.    

        The
grant of SARs shall be evidenced by a written option agreement in a form approved by the Committee. Such SARs shall be subject to the following express terms and conditions and to
such other
terms and conditions, not inconsistent with the terms of the Plan, which the Committee may deem appropriate. 

        (a)  SARs
shall be exercisable at such time or times and to the extent, but only to the extent, that the Option to which they relate shall be exercisable. 

        (b)  SARs
(and any Option related thereto) shall in no event be exercisable during the first year after the date of grant and such rights shall not be transferable other than
by will or by the laws of descent and distribution and shall be exercisable during the optionee's lifetime only by the optionee. 

        (c)  Upon
exercise of SARs, the holder thereof shall be entitled to receive an amount equal in value to the difference between the per share Exercise Price of the Option and
the Fair Market Value per share of Common Stock on the day preceding the exercise date, multiplied by the number of shares in respect of which the SARs shall have been exercised. Such amount shall be
paid in the form of (i) cash, (ii) shares of Common Stock with a Fair Market Value on the day preceding the exercise date equal to such amount or (iii) a combination of cash and
shares of Common Stock, all as determined by the Committee. 

        (d)  In
no event shall a SAR be exercisable at a time when the Exercise Price of the related Option is greater than the Fair Market Value of the shares of the Common Stock
issuable upon exercise of such Option. 

VI.  Aggregate Limitation on Shares of Common Stock.  

        6.1    Number of Shares of Common Stock.    

        (a)  Shares
of Common Stock which may be issued pursuant to Options or SARs granted under the Plan may be either authorized and unissued shares of Common Stock or authorized
and issued shares of Common Stock held by the Company as treasury stock. The aggregate number of shares of Common Stock reserved and available for issuance under Options and SARs granted under this
Plan shall be 5,000,000 shares of Common Stock, subject to such adjustments as may be made pursuant to Paragraph 7.8. 

        (b)  For
purposes of Paragraph 6.1(a), in addition to shares of Common Stock actually issued pursuant to the exercise of Options granted under the Plan, there shall be
deemed to have been issued under the
Plan a number of shares of Common Stock equal to the SARs which have been exercised, except that to the extent that SARs are settled by the actual delivery of shares of Common Stock, the number of
shares deemed to have been issued under the Plan pursuant to the exercise of SARs shall be reduced. 

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        (c)  Any
shares of Common Stock subject to an option which for any reason either terminates unexercised or expires, except by reason of the exercise of a related SAR, shall
again be available for issuance under the Plan. 

VII. Miscellaneous.  

        7.1    General Restrictions.    

        Any
Option or SAR granted under this Plan shall be subject to the requirement that, if at any time the Committee shall determine that any listing or registration of the shares of Common
Stock, or any consent or approval of any governmental body, or any other agreement or consent, is necessary or desirable as a condition of the granting of an award or issuance of Common Stock or cash
in satisfaction thereof, such award may not be consummated unless such requirement is satisfied in a manner acceptable to the Committee. 

        7.2    Non-Assignability.    

        (a)  Except
as provided in this subparagraph (a), Nonstatutory options granted under the Plan may not be transferred other than by will or the laws of descent and
distribution or pursuant to Title I of the Employee Retirement Income Security Act, or the rules thereunder. Notwithstanding the foregoing, any presently outstanding Nonstatutory options, or
Nonstatutory options granted in the future, may be transferred by the option holder to members of his other immediate family, or to one or more trusts for the benefit of such family members, or
partnerships in which such family members are the only partners, provided that any such transfer shall be permitted only if: (1) the optionholder does not receive any consideration for such
transfer, (2) written notice of such proposed transfer and the details thereof shall have been furnished to the Committee, and (3) the Nonstatutory stock option agreement with respect to
the options being transferred (including any amendments thereof) which shall have been approved by the Committee, expressly permits such transfer. Any Nonstatutory options transferred to such
immediate family members, trusts or partnership will continue to be subject to the same terms and conditions that were applicable to such options immediately prior to their transfer. Any transfer in
violation of this paragraph shall be void and of no effect. As used herein the term "family members" shall mean the optionee's spouse, children and grandchildren. 

        (b)  No
ISO or SAR granted under this Plan shall be assignable or transferable except by will or by the laws of descent and distribution. 

        7.3    Withholding Taxes.    

        (a)  The
Committee shall have the right to require participating employees to remit to the Company an amount sufficient to satisfy any federal, state and local withholding
tax requirements prior to the delivery of any shares of Common Stock under the Plan. If an employee sells, transfers, assigns or otherwise disposes of shares of Common Stock acquired upon the exercise
of an ISO within two (2) years after the date on which the ISO was granted or within one (1) year after the receipt of the shares of Common Stock by the employee, the employee shall
promptly notify the Company of such disposition and the Company shall have the right to require the employee to remit to the Company the amount necessary to satisfy any federal, state and local tax
withholding requirements imposed by reason of such disposition. 

        (b)  The
Company shall have the right to withhold from payments made in cash to an employee (or his permitted transferee) under the terms of the Plan, an amount sufficient to
satisfy any federal, state and local withholding tax requirements. 

        (c)  Amounts
to which the Company is entitled pursuant to Paragraph 7.3(a) or (b) may be paid at the election of the employee and with the approval of the Committee,
either (i) in cash, 

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withheld from the employee's salary or other compensation payable by the Company (or any Parent or Subsidiary), or (ii) in shares of Common Stock otherwise issuable to the employee upon
exercise of an Option or SAR that have a Fair Market Value on the date on which the amount of tax to be withheld is determined (the "Tax Date") equal to the amount of tax the Company is entitled to
withhold. An optionee's election to have withheld shares of Common Stock that are otherwise issuable shall be in writing, shall be irrevocable upon approval by the Committee, and shall be delivered to
the Company prior to the Tax Date with respect to the exercise of an Option or SAR and, if the participant is subject to the short-swing profit rules of Section16(b) of the Securities Exchange Act of
1934, as amended, shall be delivered to the Company at least six (6) months prior to such Tax Date. 

        7.4    Investment Representation.    

        Each
Option or SAR agreement may provide, upon demand by the Company, that the optionee or recipient shall deliver to the Company at the time of any exercise of any Option or SAR a
written representation that the shares to be acquired are to be acquired for investment and not for resale or with a view to the distribution thereof. Upon such demand, delivery of such representation
prior to delivery of any shares shall be a condition precedent to the right of the employee or such other person to purchase any shares. 

        7.5    No Right to Employment.    

        Nothing
in this Plan or any agreement entered into pursuant to it shall confer upon any participating employee the right to continue in the employment of the Company or a Parent or
Subsidiary or affect any right which the Company or a Parent or Subsidiary may have to terminate the employment of such participating employee. 

        7.6    Non-Uniform Determinations.    

        The
Committee's determinations under this Plan (including without limitation its determinations of the persons to receive Options or SARs, the form amount and timing of such awards and
the terms and provisions of such awards) need not be uniform and may be made by it selectively among persons who receive, or are eligible to receive, awards under this Plan, whether or not such
persons are similarly situated. 

        7.7    No Rights as Stockholders.    

        Employees
granted Options or SARs under this Plan shall have no rights as stockholders of the Company (or of a Parent or Subsidiary) as applicable with respect thereto unless and until
certificates for shares of Common Stock are issued to them. 

        7.8    Adjustments of Stock.    

        (a)    Recapitalization.    

        In
the event of changes in the Common Stock due to a change in capitalization, such as a stock dividend, stock split, or the exchange of the Common Stock in the whole or in part for
another class of shares of the Company, there shall be a proportionate adjustment in the number and kind of shares with respect to which Options may be granted under the Plan, including any shares
subject to Option
or SARs, and of the Option price stated in any Option or SAR; provided, that any fractional shares resulting from such adjustment shall be eliminated.
The computation by the Board of any such adjustment shall be conclusive. 

        (b)    Merger or Consolidation.    

        In
the event of a consolidation or merger in which the Company is not the surviving corporation, or in the event of complete liquidation of the Company, all outstanding Options 

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and SARs shall thereupon terminate, provided the Board shall, at least twenty (20) days prior to the effective date of any such corporate event, either (a) make all outstanding Options
immediately exercisable or (b) arrange to have the surviving corporation grant to the optionees replacement options on terms which the Board determines to be fair and reasonable. 

        7.9    Amendment or Termination of the Plan.    

        The
Committee, without further approval of the stockholders, but with the approval of the Board, may at any time terminate this Plan or any part thereof and may from time to time amend
this Plan as it may deem advisable; provided, however, that without stockholder approval, the Committee may not amend the Plan in any manner that would,
absent stockholder approval, disqualify the Plan for coverage under Rule 16b-3 of the Securities and Exchange Commission, or any successor rule or regulation adopted by the
Commission, including an amendment which would (i) increase the aggregate number of shares of Common Stock which may be issued under this Plan (other than increases permitted under
Paragraph 7.8), (ii) extend the term of this Plan, (iii) extend the period during which an Option or SAR may be exercised. The termination or amendment of this Plan shall not,
without the consent of the employee, affect such employee's rights under an award previously granted. 

        7.10    Term of Plan.    

        Unless
previously terminated pursuant to Paragraph 7.9, the Plan shall terminate on January 7, 2008 the tenth (10th) anniversary of the date on which the Plan
became effective, and no Options or SARs may be granted on or after such date. 

VIII. Effective Date of the Plan.  

        The effective date of this Plan shall be January 7, 1998, the date on which the Plan was adopted by the Board and the stockholders of the Company. 

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Exhibit 10.5

ACCPAC INTERNATIONAL, INC. 1998 STOCK INCENTIVE PLANQuickLinks
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Exhibit 10.6    
  

 
  ACCPAC INTERNATIONAL, INC.    
    
    2002 STOCK INCENTIVE PLAN    
  

I.    PURPOSE.    

        The
purpose of the ACCPAC International, Inc. 2002 Stock Incentive Plan (the "Plan") is to enhance and promote the interests of
ACCPAC International, Inc. (the "Company") by attracting and retaining exceptionally qualified individuals, including employees, officers and
directors of, and consultants or advisers to, the Company and its subsidiaries through awards of equity ownership opportunities and performance-based incentives that enable such individuals to
participate in the long term growth and future financial success of the Company. 

II.    DEFINITIONS.    

        Unless
the context clearly indicates otherwise, capitalized terms in the Plan or an Award Agreement shall have the meanings assigned to such terms in this Section II. The use of
the masculine pronoun in the Plan or an Award Agreement shall refer to both male and female Award recipients, and any term used in the singular also shall refer to the plural: 

        (a)  "Award" means a grant of an option to purchase shares of common stock of the Company or a grant of restricted shares of
common stock of the Company pursuant to the terms of the Plan. 

        (b)  "Award Agreement" means the written agreement entered into by the Grantee and the Company evidencing the grant of an
Award under the Plan. 

        (c)  "Beneficiary" means the person or persons designated by the Grantee, in writing and in the manner designated by the
Committee or its delegee, as his beneficiary with respect to an Award; or, the absence of an effective designation or if the designated person or persons predecease the Grantee, the Grantee's
Beneficiary shall be the person or persons who acquire by bequest or inheritance the Grantee's rights in respect of an Award. In order to be effective, a Grantee's designation of a Beneficiary must be
on file with the Company before the Grantee's death. Any such designation may be revoked and a new designation substituted therefor, in the manner designated by the Committee or its delegee, at any
time before the Grantee's death. 

        (d)  "Board of Directors" or "Board" means the Board of Directors of the
Company. 

        (e)  "Change in Control" means the occurrence of any of the following events: 

        (1)  any
"person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act), other than a shareholder of the Company or a trustee or other fiduciary
holding securities of the Company under an employee benefit plan maintained by the Company or any corporation owned, directly or indirectly, by the Company's stockholders in substantially the same
proportions as their ownership of the Company's stock, becomes the "beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the
Company representing 50% or more of the total combined voting power of the Company's then-outstanding securities pursuant to a tender or exchange offer made directly to the Company's
shareholders and which the Board does not recommend such shareholders to accept; 

        (2)  a
change in the composition of the Board over a period of twenty-four consecutive months or less such that a majority of the members of the Board ceases to
be comprised of individuals who are Continuing Members; for such purpose, a "Continuing Member" means an individual who is a member of the Board on the first day of such
twenty-four-month period and any successor of a Continuing Member who is elected to the Board or nominated for election by action of a majority of Continuing Members then
serving on the Board; or 

 

        (3)  approval
by shareholders of the Company of: 

        (i)    a
merger, consolidation, or reorganization involving the Company, unless the shareholders of the Company as of the date
immediately before the merger, consolidation, or reorganization, own, directly or indirectly immediately following such merger, consolidation, or reorganization, at least 50% of the combined voting
power of the outstanding voting securities of the corporation resulting from such merger, consolidation, or reorganization in substantially the same proportion as their ownership of the voting
securities immediately before such merger, consolidation, or reorganization; 

        (ii)  the
complete liquidation or dissolution of the Company; or 

        (iii)  an
agreement for the sale or other disposition of all or substantially all of the assets of the Company to any person (other than a transfer to a Subsidiary). 

        (f)    "Code" means the Internal Revenue Code of 1986, as amended from time to time. 

        (g)  "Committee" means the Compensation Committee of the Board of Directors or such other committee designated by the Board to
administer the Plan and which consists of such number of members of Board with such qualifications as are required to satisfy the requirements of (i) Rule 16b-3 under the
Exchange Act, and (ii) section 162(m) of the Code, and the regulations thereunder, as in effect from time to time, to the extent that Awards made under the Plan are intended to qualify
as performance-based compensation under section 162(m) of the Code. 

        (h)  "Disability" or "Disabled" means having a total and permanent disability
as defined in section 22(e)(3) of the Code. 

        (i)    "Effective Date" means July 22, 2002. 

        (j)    "Exchange Act" means the Securities Exchange Act of 1934, as in effect from time to time (including any successor rule of
similar import). 

        (k)  "Fair Market Value" means, as of any date, the value of Shares determined as follows: 

        (1)  where
there exists a public market for the Shares, the Fair Market Value of the Shares shall be the closing price of a Share for the last market trading day prior to the
time of determination (or, if no closing price was reported on such date, the closing price on the last trading date on which a closing price was reported) on the stock exchange determined by the
Committee to be the primary market for the Shares or the National Market System of the National Association of Securities Dealers, Inc. Automated Quotation System, whichever is applicable, as
reported by The Wall Street Journal or such other source as the Committee deems reliable, or 

        (2)  in
the absence of an established market of the type described in (1), above, for the Shares, the Fair Market Value of a Share shall be determined by the Committee in
good faith and in a manner consistent with section 260.140.50 of Title 10 of the California Code of Regulations, including any successor thereto, and section 422 of the Code. 

        (l)    "Grantee" means a person to whom an Award has been granted under the Plan. 

        (m)  "Incentive Stock Option" means an Option that complies with the terms and conditions set forth in section 422(b)
of the Code and is not designated as a Nonstatutory Stock Option. 

        (n)  "Nonstatutory Stock Option" means an Option granted under the Plan that is designated as a nonstatutory stock option or
that does not comply with the terms and conditions set forth in section 422(b) of the Code. 

2

 

        (o)  "Option" means an option to purchase Shares pursuant to the provisions of the Plan. Unless the context clearly indicates
otherwise, the term "Option" shall include both Incentive Stock Options and Nonstatutory Stock Options. 

        (p)  "Parent" means any parent corporation of the Company within the meaning of section 424(e) of the Code (or a
successor provision of similar import). 

        (q)  "Performance-Based Award" means an Award that is intended to be performance-based compensation within the meaning of
section 162(m)(4)(C) of the Code and is designated by the Committee as a Performance-Based Award pursuant to Section XI hereof. 

        (r)  "Public Company" means the Company if (i) the Company has a class of common equity securities required to be
registered pursuant to section 12 of the Exchange Act and has been subject to the reporting requirements of section 13 of the Exchange Act for a period of at least 90 days
immediately preceding the event giving rise to the necessity of determining whether the Company is a Public Company, or (ii) the Company has been subject to the reporting requirements of
section 15(d) of the Exchange Act. 

        (s)  "Restricted Shares" means Shares granted pursuant to Section X hereof and subject to such restrictions and other
terms and conditions as the Committee shall determine in accordance with the Plan. 

        (t)    "Securities Act" means the Securities Act of 1933, as in effect from time to time (including any successor rule of
similar import). 

        (u)  "Service" means employment or service with the Company or a Subsidiary or Parent. 

        (v)  "Shares" means shares of common stock of the Company, par value $0.01 per share. 

        (w)  "Subsidiary" means a subsidiary corporation of the Company within the meaning of section 424(f) of the Code (or a
successor provision of similar import). 

        (x)  "Substantial Shareholder" means any person who owns, within the meaning of sections 422 and 424 of the Code, more
than 10% of the total combined voting power of all classes of stock of the Company or of a Parent or any Subsidiary. 

III.    EFFECTIVE DATE AND DURATION OF THE PLAN.    

        The
Plan shall be effective as of the Effective Date, subject to approval of the Plan by shareholders of the Company within twelve months of the Effective Date. Upon approval by
shareholders of the Company of the Plan and Awards granted after the Effective Date and before the date shareholder approval is obtained, such Awards shall be fully effective as if the shareholders of
the Company had approved the Plan on the Effective Date; provided that Shares shall not be issued pursuant to Awards, and Options shall not be exercisable, before such shareholder approval is
obtained. If shareholders of the Company fail to approve the Plan within twelve months after the Effective Date, any Awards granted under the Plan shall be null and void as of the date of grant. The
Plan shall be effective for a term of ten years after the Effective Date, unless earlier terminated pursuant to Section XIX hereof. 

IV.    SHARES RESERVED FOR ISSUANCE UNDER THE PLAN.    

        (a)  Subject
to adjustment as provided in Section XVIII hereof, the aggregate number of Shares reserved for issuance under the Plan is 2,309,500 Shares. The Shares
subject to an Award may be authorized but unissued Shares, or Shares held by the Company in its treasury. If Shares subject to an Award are not issued because the Award terminates, is cancelled, or
expires before exercise, in whole or in part, such Shares shall be restored to the aggregate number of Shares reserved for issuance pursuant to Awards granted under the Plan. 

3

 

        (b)  To
the extent required by Section 260.140.45 of Title 10 of the California Code of Regulations, the total number of Shares issuable upon the exercise of
all outstanding Options and the total number of Shares provided for under any stock bonus or similar plan of the Company shall not exceed the applicable percentage as calculated in accordance with the
conditions and exclusions of Section 260.140.45 of Title 10 of the California Code of Regulations, based on the Shares outstanding at the time the calculation is made. 

        (c)  The
maximum number of Shares that may be the subject of Awards to a key employee in any fiscal year of the Company is 1,000,000 Shares. For purposes of this
subparagraph (c), (i) if an Award held by a key employee is cancelled, terminates or expires, in whole or in part, without the issuance of Shares under the Award, the cancelled,
terminated or expired portion of the Award shall be counted against the maximum number of Shares with respect to which Awards may be granted to such key employee for such fiscal year, and
(ii) if, after grant, the exercise price of an Option is reduced (other than pursuant to the adjustment provisions of Section XVIII hereof), the transaction shall be treated as the
cancellation of the Option and the grant of a new Option, and both the Option that is deemed to be cancelled and the Option that is deemed to be granted shall reduce the maximum number of Shares for
which Awards may be granted to such key employee for such fiscal year. 

V.    ADMINISTRATION OF THE PLAN.    

        (a)  The
Plan shall be administered by the Committee. Any Committee that administers the Plan shall consist solely of non-employee directors of the Company, and
shall include not fewer than two of such non-employee directors, each of whom must be an "outside director" for purposes of section 162(m) of the Code, and each of whom meets the
eligibility requirements of Rule 16b-3 of the Exchange Act. 

        (b)  The
Committee shall have full and final authority, in its discretion, but subject to the express provisions of the Plan, to (i) determine from time to time the
individuals to whom Awards shall be granted and the number of Shares to be subject to such Awards, (ii) determine the purchase price of
Shares subject to an Award, (iii) determine the frequency with which Awards shall be granted, (iv) determine the date on which an Award shall be granted, (v) determine any
performance criteria applicable to an Award, (vi) interpret the Plan, (vii) adopt, amend and rescind rules and regulations relating to the Plan, as it deems proper,
(viii) determine the terms and provisions of the instruments by which Awards shall be evidenced and the restrictions applicable to Awards, and (ix) make all other determinations
necessary or advisable, in its sole discretion, for the administration of the Plan. Any action that the Committee may take through a written instrument executed by all of its members then in office
shall be as effective as though taken at a meeting duly called and held. 

        (c)  The
determinations, interpretations, and other actions made or taken by the Committee pursuant to the provisions of the Plan shall be final, binding, and conclusive for
all purposes and upon all persons. 

        (d)  The
Committee may, in its sole discretion, authorize the Chief Executive Officer of the Company to grant Awards under the Plan to employees who are not key employees of
the Company; provided that the Chief Executive Officer shall not grant any Award (i) that would not comply with Rule 16b-3 of the Exchange Act or (ii) that is intended
to qualify as performance-based compensation within the meaning of section 162(m) of the Code. The exercise price of an Option granted by the Chief Executive Officer shall not be less than the
Fair Market Value of the Shares subject to the Option as of the date of grant. 

        (e)  Any
Award granted to a member of the Committee shall be approved by the Board, and no member of the Committee may approve an Award to himself. 

        (f)    In
addition to any other rights of indemnification they may have as members of the Board, each member of the Committee shall be indemnified by the Company against all
costs and expenses 

4

 

reasonably incurred by a member of the Committee in connection with any action, suit, or proceeding to which such member of the Committee may be a party by reason of any action taken or failure to
act under or in connection with the Plan or any Award granted thereunder, and against all amounts paid by him in settlement thereof (provided that such settlement is approved by legal counsel selected
by the Company) or paid by him in satisfaction of a judgment in any such action, suit, or proceeding, except a judgment based on bad faith. Upon the institution of any such action, suit, or
proceeding, each member of the Committee shall notify the Company in writing, giving the Company an opportunity, at its own expense, to undertake any endeavor, including the defense of the same before
the Committee member undertakes any such endeavor on his own behalf. 

VI.    ELIGIBILITY TO RECEIVE AWARDS.    

        (a)  Awards
may be granted under the Plan to (i) any employee of the Company or a Subsidiary, including any such employee who is an officer or director of the Company
or a Subsidiary, and (ii) any other individual whose participation in the Plan is determined to be in the interests of the Company,
including consultants or non-employee directors. In each case Grantees shall be determined under clause (i) or (ii) hereunder by the Committee, Board, or Chief Executive Officer, in
accordance with Section V hereof. Incentive Stock Options may be granted by the Committee and may be granted only to employees of the Company or a Subsidiary. 

        (b)  All
determinations by the Committee, the Board, or the Chief Executive Officer of the Company, as applicable, as to the identity of the persons to whom Awards shall be
granted hereunder shall be final, binding, and conclusive. 

VII.    AWARD AGREEMENT.    

        (a)  No
Award shall be effective with respect to a Grantee unless he shall have executed and delivered an Award Agreement to the Company. The Award Agreement shall include
the terms and conditions set forth in the Plan, and may include such other provisions not inconsistent with the terms of the Plan. Appropriate officers of the Company are hereby authorized to execute
and deliver Award Agreements in the name of the Company as directed from time to time by the Committee. 

        (b)  Awards
granted to Grantees need not contain similar terms and conditions, regardless of whether the Grantees are similarly situated. The recommendation or selection of a
Grantee as a recipient of an Award shall not be deemed to entitle the Grantee to or confer rights on the Grantee under the Award prior to the date it is granted. The granting of an Award shall not be
deemed either to entitle the Grantee to receive or to disqualify the Grantee from receiving any other Award under the Plan, except as otherwise provided herein. 

VIII.    INCENTIVE STOCK OPTIONS.    

        (a)  The
Committee may authorize the grant of Incentive Stock Options to employees of the Company and of any Subsidiary, including any such employee who is an officer or
director of the Company or of any Subsidiary, subject to the terms and conditions set forth in the Plan. The Committee shall not grant Incentive Stock Options to non-employees, including
without limitation non-employee directors. The Award Agreement relating to an Incentive Stock Option shall state that the Option evidenced by the Award Agreement is intended to be an
"incentive stock option" within the meaning of section 422(b) of the Code. 

        (b)  An
Incentive Stock Option shall terminate not later than the date that is ten years after the date of grant as set forth in the Award Agreement, provided that if the
Grantee is a Substantial Shareholder, the Incentive Stock Option shall terminate as of a date that is not more than five years after the date of grant as set forth in the Award Agreement, subject in
each case to earlier termination pursuant to the terms of the Plan and the Award Agreement. 

5

 

        (c)  An
Incentive Stock Option that otherwise satisfies the requirements under section 422 of the Code shall be treated as a Nonstatutory Stock Option to the extent
the Option first becomes exercisable in a calendar year with respect to Shares the aggregate Fair Market Value of which exceeds $100,000. For purposes of this subparagraph (c), the Fair Market
Value of Shares subject to an Option shall be determined as of the date the Option is granted. This paragraph (c) shall be applied by taking Options into account in the order in which they were
granted and shall include options granted under all plans of the Company, its Parent, and its Subsidiaries. 

        (d)  The
per-Share exercise price of an Incentive Stock Option shall not be less than 100% of the Fair Market Value of a Share on the date the Incentive Stock
Option is granted; provided that with respect to any Incentive Stock Option granted to a Grantee who is a Substantial Shareholder as of the grant date, the per-Share exercise price of such
Incentive Stock Option shall not be less than 110% of the Fair Market Value of a Share on the date of grant. Notwithstanding the preceding sentence, in no event shall an Incentive Stock Option be
granted or exercised if the per-Share exercise price is less than par value of a Share. 

        (e)  Any
Grantee who disposes of Shares acquired pursuant to the exercise of an Incentive Stock Option either (i) within two years after the date on which the Option
was granted, or (ii) within one year after the transfer of such Shares to the Grantee, shall promptly notify the Company of the date of such disposition and of the amount realized upon such
disposition. 

        (f)    If
an Option granted under the Plan purports to be an Incentive Stock Option but fails to satisfy the criteria under section 422(b) of the Code other than as
described in subparagraph (c), above, the Option may, at the discretion of the Committee, be deemed to be a Nonstatutory Stock Option. 

        (g)  If
the Company is not a Public Company as of the date an Incentive Stock Option is granted to an employee (other than an officer or director of the Company or a
Subsidiary), and unless the Award Agreement provides a shorter vesting schedule, each Incentive Stock Option granted to such an employee shall vest at a rate of not less than 20% per twelve-month
period and shall vest in full over the 60-month period beginning on the date of grant, subject to such reasonable conditions as the Committee may determine, including the continued Service
of the Grantee. Incentive Stock Options granted to an officer or director of the Company or a Subsidiary before the Company becomes a Public Company shall not be subject to the minimum vesting
requirements described in the preceding sentence, but shall be subject to the vesting schedule described in the Award Agreement. Incentive Stock Options granted on or after the date the Company
becomes a Public Company shall be subject to the vesting schedule described in the Award Agreement evidencing the Incentive Stock Option. 

IX.    NONSTATUTORY STOCK OPTIONS.    

        (a)  The
Committee, Board, or Chief Executive Officer of the Company may authorize the grant of Nonstatutory Stock Options, subject to the terms and conditions set forth in
the Plan. The Award Agreement evidencing a Nonstatutory Stock Option shall state that the Option evidenced by the Award Agreement shall be treated as a Nonstatutory Stock Option. 

        (b)  A
Nonstatutory Stock Option shall terminate not later than ten years after the date of grant as set forth in the Award Agreement, except to the extent the Nonstatutory
Stock Option terminates earlier pursuant to the terms of the Plan and the Award Agreement. 

        (c)  The
per-Share exercise price of a Nonstatutory Stock Option shall not be less than 100% of the Fair Market Value of a Share as of the date of grant; provided
that if the Company is not a Public Company as of the date a Nonstatutory Stock Option is granted to a Substantial Shareholder, the exercise price of such Nonstatutory Stock Option shall not be less
than 110% of the Fair Market Value of a Share as of the date of grant. Notwithstanding the preceding sentence, in no event may a Nonstatutory Stock Option be granted or exercised if the exercise price
per Share is less than par value of a Share. 

6

 

        (d)  If
the Company is not a Public Company as of the date a Nonstatutory Stock Option is granted to an employee (other than an officer or director of the Company or a
Subsidiary), and unless the Award Agreement provides a shorter vesting schedule, each Nonstatutory Stock Option granted to such an employee shall vest at a rate of not less than 20% per twelve-month
period and shall vest in full over the 60-month period beginning on the date of grant, subject to such reasonable conditions as the Committee may determine, including the continued Service
of the Grantee. Nonstatutory Stock Options granted to an officer or director of the Company or a Subsidiary before the Company becomes a Public Company shall not be subject to the minimum vesting
requirements described in the preceding sentence. Nonstatutory Stock Options granted on or after the date the Company becomes a Public Company shall be subject to the vesting schedule described in the
Award Agreement evidencing the Nonstatutory Stock Option. 

X.    RESTRICTED SHARES.    

        (a)  The
Committee, Board, or Chief Executive of the Company may authorize the grant of Restricted Shares, subject to Sections V and XI hereof. Awards of Restricted
Shares shall be subject to such restrictions as the Committee may impose (including, without limitation, any limitation on the right to vote a Restricted Share or the right to receive any dividend or
other right or property), which
restrictions may lapse separately or in combination at such time or times, in such installments or otherwise, as the Committee may deem appropriate. 

        (b)  Restricted
Shares granted under the Plan may be evidenced in such manner as the Committee may deem appropriate, including, without limitation, book-entry
registration or issuance of a stock certificate or certificates. In the event a stock certificate is issued with respect to a grant of Restricted Shares, such certificate shall be registered in the
name of the Grantee and shall bear an appropriate legend referring to the terms, conditions, and restrictions applicable to the Restricted Shares. Any attempt to dispose of the Shares in contravention
of such terms, conditions and restrictions shall be ineffective. 

        (c)  Except
as otherwise determined by the Committee, upon a Grantee's termination of Service for any reason during the period before all restrictions applicable to
Restricted Shares lapse, all Shares to which restrictions apply shall be forfeited and reacquired by the Company; provided, however, that the Committee may waive, in whole or in part, any or all
remaining restrictions if it determines that such waiver is in the best interests of the Company. 

        (d)  Unrestricted
Shares, evidenced in such manner as the Committee shall deem appropriate, shall be delivered to the holder of Restricted Shares within a reasonable period
after all applicable restrictions have expired, lapsed, or been waived. 

        (e)  If,
after Restricted Shares are transferred to a Grantee, the Grantee properly elects pursuant to section 83(b) of the Code, to include in gross income for
Federal income tax purposes the amount determined under section 83(b) of the Code, the Grantee shall furnish to the Company a copy of his completed and signed election form, and shall pay (or
make arrangements satisfactory to the Company to pay) to the Company any Federal, state or local taxes required to be withheld with respect to the Shares. If the Grantee fails to make such payments,
the Company and its Subsidiaries shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Grantee any Federal, state or local taxes of any kind
required by law to be withheld with respect to the Shares. 

XI.    PERFORMANCE-BASED AWARDS.    

        (a)  The
Committee may, at the time of grant, designate any Award of Restricted Shares as a Performance-Based Award intended to qualify as performance-based compensation
under section 162(m) of the Code and the regulations thereunder, provided that such designation shall be included in the Award Agreement as of the grant date of the Award. 

7

 

        (b)  Each
Performance-Based Award that is an Award of Restricted Shares shall be subject to following terms and conditions: 

        (1)  As
determined by the Committee in its sole discretion, either the grant of, or the lapse of restrictions with respect to, Restricted Shares shall be based on a Grantee's
or the Company's attainment of performance goals established by the Committee using one or more of the following criteria as the applicable performance targets: (i) increase in net sales;
(ii) pretax income before allocation of corporate overhead and/or bonus; (iii) budget; (iv) earnings per share; (v) net income; (vi) attainment of division, group or
corporate financial goals; (vii) return on shareholders' equity; (viii) return on assets; (ix) attainment of strategic and operational initiatives; (x) gross profits;
(xi) appreciation in or maintenance of the price of the common stock or any other publicly-traded securities of the Company; (xii) increase in market share; (xiii) earnings before
interest and taxes; (xiv) earnings before interest, taxes, depreciation and amortization; (xv) comparisons with various stock market indices; (xvi) economic value-added models; or
(xvii) reductions in costs. The performance goals shall be sufficiently specific that a third party having knowledge of the relevant facts could determine whether the performance goal is met.
The establishment of the actual performance goals and, if the grant of, or lapse of restrictions with respect to, a Performance-Based Award is based on more than one of the foregoing financial
criteria, the weighing of such financial criteria, shall be at the sole discretion of the Committee. 

        (2)  The
Committee shall establish, in writing, (i) the performance goals applicable to a particular fiscal year of the Company, and such performance goals shall
state, in terms of an objective formula or standard, the method for computing the amount of compensation payable (within the meaning of section 162(m) of the Code) to a Grantee if the
performance goals are achieved, and (ii) in all cases the performance goals applicable to an Award shall be established by the Committee, in writing, not later than 90 days after the
commencement of the fiscal year to which the performance goal(s) relates (but in no event after 25% of such fiscal year has elapsed). 

        (3)  The
Award shall not be granted or restrictions on Shares subject to the Award shall not lapse, as applicable, for a fiscal year of the Company unless or until the
Committee certifies, in writing, that the objective performance goals applicable to the Award for such fiscal year have been satisfied. 

        (4)  After
a performance goal is established, the Committee shall not revise the performance goal or increase the amount of compensation payable (within the meaning of
section 162(m) of the Code) to the Grantee upon the attainment of the performance goal. Notwithstanding the preceding sentence, the Committee may, in its discretion, reduce the compensation
payable to a Grantee on the attainment of a performance goal, provided that such reduction in compensation for a Grantee shall not increase the compensation payable to another employee. 

        (c)  For
purposes of the Plan, it shall be presumed, unless the Committee indicates to the contrary, that all Nonstatutory Stock Options granted to key employees are intended
to qualify for the performance-based exception from the tax deductibility limitation imposed by section 162(m) of the Code, as set forth in section 162(m)(4)(C) of the Code. The
Committee may, in its sole discretion, determine that
the vesting of a Nonstatutory Stock Option shall be contingent on the attainment of performance goals established by the Committee using one or more of the performance targets described in
subparagraph (b)(1), above. If the vesting of a Nonstatutory Stock Option is contingent on the attainment of a performance goal as described in the preceding sentence, the Nonstatutory Stock
Option shall be subject to subparagraphs (b)(2), (3), and (4), above. 

8

   
XII.    ACQUISITION OF SHARES PURSUANT TO AWARDS.    

        (a)  An
Option shall be exercisable at such times and under such conditions as determined by the Committee in accordance with the Plan and the Award Agreement. A Grantee
shall give written notice to the Company, completed, executed, and delivered in the form and at the time specified by the Committee, in order to exercise an Option. The notice of intent to exercise an
Option shall: 

        (1)  identify
the Option being exercised and the number of Shares with respect to which the Option is being exercised, and 

        (2)  include
payment in full of the exercise price for the Shares so purchased, and full payment, in an amount determined by the Company, of any Federal, State, or local tax
withholding obligations arising in connection with the exercise of the Option. 

        (b)  In
addition to any other types of consideration the Committee may permit, the Committee is authorized, but not required, to accept as satisfaction of the exercise price
of, and tax withholding obligations with respect to, an Option, one or more of the following: 

        (1)  cash,
money order, cashier's check, certified check; or other cash equivalent approved by the Committee; 

        (2)  delivery
of a Grantee's promissory note with such recourse, interest, security, and redemption provisions as the Committee determines are appropriate; or 

        (3)  if
the exercise of an Option occurs on or after the date the Company becomes a Public Company: 

        (A)  surrender
of Shares, or delivery of a properly executed form of attestation of ownership of Shares as the Committee may require, which have a Fair Market Value on the
date of surrender or attestation
equal to the sum of (i) the exercise price of the Option and (ii) any minimum required tax withholding obligation connected with the exercise of the Option, provided that to the extent
the Grantee is permitted to deliver Shares to pay any portion of the exercise price of an Option, the Grantee shall have owned such Shares for at least six months as of the delivery date; 

        (B)  with
respect to a Grantee's minimum required tax withholding obligation connected with the exercise of the Option, withholding by the Company of Shares otherwise
deliverable upon the exercise of the Option that have a Fair Market Value not in excess of the Grantee's minimum required tax withholding obligations; or 

        (C)  at
the Committee's discretion, payment through a broker-dealer sale and remittance procedure pursuant to which the Grantee (i) shall provide written instructions
to a Company-designated brokerage firm to effect the immediate sale of all or a portion of the purchased Shares and remit to the Company, out of the sale proceeds available on the settlement date,
sufficient funds to satisfy the sum of (I) the aggregate exercise price of the exercised portion of the Option and (II) any minimum required tax withholding obligation connected with the
exercise of the Option, and (ii) shall provide written instructions to the Company to deliver the stock certificates for the purchased Shares directly to such brokerage firm in order to
complete the sale transaction. 

        (c)  The
exercise of an Option and the grant of Restricted Shares shall be subject to the condition that if at any time the Company shall determine that it is necessary or
appropriate as a condition of, or in connection with, such exercise or grant (i) to effect the listing, registration, or qualification on any securities exchange or under any State or Federal
law of any Shares otherwise deliverable in connection with such exercise or grant, or (ii) to obtain the consent or approval of counsel or any regulatory body, then any such exercise or grant
shall not be effective unless such listing, registration, qualification, 

9

 

consent or approval shall have been effected or obtained free of any conditions not acceptable to the Company in its reasonable and good faith judgment. Any such postponement or limitation affecting
the right to exercise an Option or the grant of Restricted Shares shall not extend the time within which the Option may be exercised or the Restricted Shares may be granted, and neither the Company
nor its directors or officers shall have any obligation or liability to the Grantee or to a Beneficiary with respect to any Shares with respect to which the Award shall expire, or with respect to
which the grant or distribution shall not be effected because of such postponement or limitation. 

        (d)  Stock
certificates shall not be issued pursuant to the exercise of an Option or the grant of Restricted Shares unless or until the Grantee satisfies any required
Federal, State, or other tax withholding obligations arising in connection with such exercise or grant, as applicable, in compliance with Sections XII and XX(c) hereof. After the purchase of Shares
pursuant to the exercise of an Option that complies with this Section XII or after the Grantee's satisfaction of any tax withholding obligations in connection with the grant of Restricted
Shares, stock certificates shall be issued and may, at the request of the purchaser, be issued in his name and the name of another person as joint tenants with right of survivorship. 

XIII.    RIGHTS ON TERMINATION OF SERVICE.    

        (a)    General.    Except as otherwise provided in an Award Agreement, if a Grantee's Service with the Company or a
Parent or Subsidiary terminates for any reason other than death or disability, he may exercise his outstanding Options, to the extent he is entitled to do so as of the date of termination of his
Service, at any time or from time to time within 90 days after the date of his termination of Service, but in no event later than the expiration date specified in the Award Agreement. An Option
that has not previously expired or been exercised shall automatically terminate at the end of the 90-day period described in the preceding sentence, subject to subparagraph (d),
below, and subject to any provisions to the contrary in the Award Agreement. Whether an authorized leave of absence shall constitute a termination of Service for purposes of the Plan shall be
determined by the Committee, in its sole discretion. 

        (b)    Death.    If a Grantee's Service with the Company or a Parent or Subsidiary ceases due to the Grantee's death,
or if the Grantee dies within 90 days after his cessation of Service, any Option held by the Grantee on the date of his death may be exercised at any time within twelve months after the
Grantee's death by the Grantee's Beneficiary, to the extent that the Grantee could have been exercised the Option as of the date of his death, provided that the Option shall not be exercised later
than the expiration date specified in the Award Agreement. 

        (c)    Disability.    If a Grantee's employment with the Company or a Parent or Subsidiary ceases due to his
Disability, the Grantee may exercise the Option, to the extent the Grantee could have exercised the Option as of the date his Service terminated, at any time and from time to time, within twelve
months after the Grantee terminates his Service, but in no event later than the expiration date specified in the Award Agreement. 

        (d)    Change of Status.    If a Grantee changes status from an employee to a consultant or a non-employee
director, any Incentive Stock Options held by the Grantee shall convert automatically to Nonstatutory Stock Options as of the 91st day following the Grantee's change in status, to the
extent such Incentive Stock Options have not terminated or been exercised as of such date. 

XIV.    NONTRANSFERABILITY OF AWARDS.    

        (a)  An
Award shall not be assignable or transferable by the Grantee except by will or by the laws of descent and distribution, and during the lifetime of the Grantee the
Award shall be exercisable only by the Grantee, except as permitted under the following sentence. The Committee may, on a case by case basis, permit a Grantee to transfer a Nonstatutory Stock Option,
in whole or in part, during the Grantee's lifetime to one or more members of the Grantee's immediate family, and the extent of such 

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permission shall be enumerated in the Grantee's Award Agreement. "Members of the immediate family" means the Grantee's spouse, children, stepchildren, grandchildren, parents, grandparents, siblings
(including half brothers and sisters), and individuals who are family members by adoption. 

        (b)  The
portion of a Nonstatutory Stock Option transferred pursuant to subparagraph (a) above may be exercised only by the person or persons who acquire a proprietary
interest in the Nonstatutory Stock Option pursuant to the transfer. The terms applicable to the transferred portion of the Nonstatutory Stock Option shall be the same as those in effect for the Option
under the Grantee's Award Agreement immediately prior to the transfer. The Committee may impose on any transferable Nonstatutory Stock Option such limitations and conditions as the Committee deems
appropriate in its sole discretion. 

XV.    RIGHT OF REPURCHASE.    

        (a)  Except
as otherwise provided in an Award Agreement, the Company shall have the right, upon termination of the Grantee's Service, to repurchase Shares acquired by a
Grantee pursuant to an Award, as follows (provided that the Shares held by an officer, director or consultant of the Company or a Subsidiary or Parent may be subject to additional restrictions to the
extent permitted by Section 260.140.41 of Title 10 of the California Code of Regulations or any successor thereto). 

        (b)  The
Company's right of repurchase described in this Section XV shall be exercised, if at all, within 90 days after the Grantee's termination of Service (or
in the case of Shares issued upon exercise of Options after the Grantee's termination date, within 90 days after the date the Option is exercised). 

        (c)  The
amount of consideration payable in order to repurchase the Shares shall be equal to: (i) the exercise price or such other original purchase price, if any, as
was paid by Grantee for each Share that is not vested; or (ii) the Fair Market Value, as of the date of Grantee's termination of Service, for each such Share that is vested. 

        (d)  The
Company's right of repurchase shall be exercisable by written notice delivered to the Grantee prior to the expiration of the 90-day period described in
subparagraph (b) above. The notice shall indicate the number of Shares to be repurchased and the date on which the repurchase shall be effected. Within the 90-day period described
in subparagraph (b) above the Company and/or its assigns shall pay to the Grantee, in cash or by cancellation of purchase money indebtedness, an amount equal to the repurchase price determined
under subparagraph (c) above. Upon such payment, the Company and/or its assigns shall become the legal and beneficial owner of the Shares being repurchased and all rights and interest thereon
or related thereto, and the Company shall have the right to transfer to its own name or its assignee the number of Shares being repurchased, without further action by the Grantee. 

        (e)  Whenever
the Company shall have a right of repurchase pursuant to this Section XV, the Company may designate and assign one or more employees, officers, directors
or shareholders, or other persons or organizations, to exercise all or a part of such repurchase right. 

        (f)    The
right to repurchase Shares at the price determined under subparagraph (c) above shall terminate on the date the Company becomes a Public Company. 

        (g)  Any
transferee of the Grantee and any subsequent transferee shall be subject to the same restrictions on disposition, pledge, or hypothecation of the Shares or other
securities that applied to the Grantee. Any Shares issued pursuant to an Award and any Shares or securities issued in exchange therefor or on account thereof before the Company becomes a Public
Company shall be endorsed with the following legend: 

THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE "ACT") OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, 

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PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER THE ACT OR, IN THE OPINION OF COUNSEL SATISFACTORY TO THE ISSUER OF THESE SECURITIES, SUCH OFFER, SALE OR TRANSFER, PLEDGE OR HYPOTHECATION
IS IN COMPLIANCE THEREWITH. 

THE
SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER, A RIGHT OF FIRST REFUSAL AND A REPURCHASE RIGHT HELD BY THE ISSUER OR ITS ASSIGNEE(S) AS SET FORTH IN THE
ACCPAC INTERNATIONAL, INC. 2002 STOCK INCENTIVE PLAN AND THE AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THESE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE
ISSUER. SUCH TRANSFER RESTRICTIONS, RIGHT OF FIRST REFUSAL AND REPURCHASE RIGHT ARE BINDING ON TRANSFEREES OF THESE SHARES. 

XVI.    RIGHT OF FIRST REFUSAL.    

        Shares
issued pursuant to the exercise of an Award shall be subject to a right of first refusal to the extent, and as set forth, in the Bylaws of the Company. Neither the Grantee nor his
transferee shall sell, hypothecate, encumber or otherwise transfer any Shares or any right or interest therein except in compliance with such Bylaws. 

XVII.    SECURITIES REQUIREMENTS.    

        (a)  Each
Award shall be subject to the requirement that if at any time the Committee shall determine, in its discretion, that the listing, registration, or qualification of
the shares subject to the Award upon any securities exchange or under any State or Federal securities or other law or regulation, or the consent or approval of any governmental regulatory body, is
necessary or desirable as a condition to or in connection with the granting of such Award or the issuance or purchase of shares thereunder, no such Award may be exercised or paid in Shares in whole or
in part unless such listing, registration, qualification, consent, or approval shall have been effected or obtained free of any conditions not acceptable to the Committee, and the holder of the Award
will supply the Company with such certificates, representations, and information as the Company shall request and shall otherwise cooperate with the Company in obtaining such listing, registration,
qualification, consent, or approval. 

        (b)  If
the Shares subject to an Award have not been registered under the Securities Act as of the date an Option is exercised or the date Restricted Shares are granted, the
Committee may require, as a condition to the exercise of the Option or the effectiveness of the grant of Restricted Shares, such representations or agreements as the Company may consider appropriate
to avoid violation of the Securities Act and may require that the certificates evidencing such shares bear an appropriate legend restricting transfer. 

        (c)  In
the case of directors, officers and other persons subject to Section 16(b) of the Exchange Act, the Committee may at any time impose any limitations upon an
Award that, in the Committee's discretion, are necessary or desirable in order to avoid violations of Section 16(b) of the Exchange Act and the rules and regulations thereunder. 

        (d)  If
the Company, as part of an offering of securities or otherwise, finds it desirable because of Federal or State regulatory requirements to suspend or reduce the period
during which any Option may be exercised, the Committee may, in its discretion and without the Option holders' consent, so suspend or reduce such period on not less than fifteen days' written notice
to the holders thereof. 

XVIII.    ADJUSTMENT FOR CHANGES IN CAPITALIZATION.    

        (a)  In
the event that there is any change in the type or number of the Shares through merger, consolidation, reorganization, recapitalization, liquidation, or acquisition of
property or stock, or 

12

 

otherwise; or if there shall be any dividend on the Shares that is paid in Shares, or if there shall be a stock split or a combination of Shares, the aggregate number of Shares available for Awards,
the number of Shares subject to outstanding Options, and the per-Share exercise price of each outstanding Option may be proportionately adjusted by the Committee as it deems equitable in
its absolute discretion to prevent dilution or enlargement of the rights of the Grantees; provided that any fractional
Shares resulting from such adjustments shall be eliminated. The Committee may, in its sole discretion, (i) determine the effect of a liquidation, dissolution, merger, reorganization, or other
consolidation on Restricted Shares, (ii) make such adjustment(s) to the type and number of such Restricted Shares as it deems reasonable. 

        (b)  If
the Company shall be the surviving corporation in a merger, reorganization, or other consolidation of the Company with another entity, Options outstanding immediately
before the merger, reorganization, or consolidation shall extend to stock and securities of the Company after the merger, reorganization, or other consolidation under the terms and conditions of the
Award Agreement as in effect immediately before the merger, reorganization, or consolidation, except for the substitution, if any, of the underlying Shares or other securities. 

        (c)  Shares
to which a Grantee shall become entitled as a result of a stock split, dividend, combination of Shares, merger, consolidation, reorganization, recapitalization or
other event changing the capitalization of the Company shall have the same status, be subject to the same restrictions, and bear the same legend (if any) as the Shares with respect to which they were
issued, except as may be otherwise provided by the Committee. 

        (d)  To
the extent the adjustments described in this Section XVIII relate to Shares or other securities of the Company, the Committee's determination with respect to
any such adjustments shall be final, binding, and conclusive. 

XIX.    TERMINATION, SUSPENSION OR MODIFICATION OF THE PLAN.    

        (a)  The
Board of Directors may at any time terminate, suspend, amend or modify the Plan, in whole or in part, provided that an amendment with respect to (i) the
aggregate number of Shares for which Awards may be granted under the Plan (except for adjustments pursuant to Section XVIII hereof), or (ii) the class of persons eligible for Awards
shall not be effective prior to shareholder approval of such amendment. 

        (b)  No
termination, suspension or modification of the Plan shall adversely affect any right acquired by any Grantee under the terms of any Award granted before the date of
such termination, suspension or modification of the Plan, unless mutually agreed otherwise by the Grantee and the Committee. 

        (c)  The
Company or the Committee may, in its discretion, amend an outstanding Award, provided that an amendment that reduces the Grantee's rights or benefits under an Award
Agreement may become effective only by means of a writing signed by the Company or the Committee and the Grantee. In the case of any Award that is intended to qualify as performance-based compensation
within the meaning of section 162(m) of the Code, the Company and the Committee shall not have authority to amend or
adjust the Award in any manner that would cause the Award to fail to meet the requirements of section 162(m) of the Code. 

XX.    GENERAL PROVISIONS.    

        (a)  Notwithstanding
any provision of the Plan to the contrary, to the extent the Company is not a Public Company or to the extent compensation payable to a Grantee pursuant
to an Award would be deductible by the Company if such Award failed to comply with the requirements of section 162(m) of the Code and the regulations issued thereunder, such Award shall be
valid and compensation thereunder shall be payable in accordance with the terms and conditions described in the Award 

13

 

Agreement, disregarding any provisions of the Plan or Award Agreement that condition the grant, vesting, or exercise of the Award on compliance with section 162(m) of the Code. 

        (b)  Neither
the Plan nor the grant of an Award shall confer upon any Grantee any right to be retained in the employ of the Company or its Parent or Subsidiaries, nor shall
the Plan or the grant of an Award interfere in any way with the Company's or its Parent's or Subsidiaries' right to terminate the Grantee's Service at any time. 

        (c)  The
Company shall have the right to require Grantees to remit to the Company an amount sufficient to satisfy any Federal, State and/or local tax withholding obligations
in connection with the grant or exercise of an Award. If the Grantee does not satisfy such tax withholding obligations in a manner satisfactory to the Company, the Company shall have the right to
collect an amount sufficient to satisfy any Federal, State and/or local tax withholding obligations from amounts otherwise payable by the Company or a Parent or Subsidiary to the Grantee, to the
extent permitted by law. 

        (d)  Except
as otherwise provided by the Committee, a Grantee shall have no rights as a shareholder with respect to any Shares covered by an Award until the issuance of an
unrestricted stock certificate in his name with respect to such Shares. No adjustment shall be made for dividends or other rights for which the record date is prior to the issuance of such
unrestricted stock certificate. 

        (e)  No
fractional Shares shall be issued or delivered under the Plan with respect to any Award. Except as provided in Section XVIII hereof, the Committee shall have
full discretion to determine whether cash, other securities, or other property shall be paid or transferred in lieu of any fractional Shares or whether such fractional Shares or any rights thereto
shall be cancelled or terminated. 

        (f)    If
any provision of the Plan is, becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction, such provision shall be construed or deemed to be
amended to conform with applicable
laws, or if the provision cannot be so construed or deemed amended without, in the discretion of the Board, materially altering the intent of the Plan, such provision shall be severed as to the
jurisdiction and the remainder of the Plan shall remain in full force and effect. 

        (g)  The
headings in the Plan are for convenience of reference only and shall not be deemed a part of the Plan for purposes of the interpretation or construction of the Plan. 

        (h)  The
validity and construction of the Plan and any agreement evidencing the grant of an Award thereunder shall be governed by the laws of the State of Delaware, excluding
any conflicts or choice of law rules or principles that might otherwise refer construction or interpretation of any provision of the Plan or any such agreement to the substantive law of another
jurisdiction, except to the extent (i) superseded by any applicable Federal law, or (ii) expressly indicated to be subject to particular provisions of California law. 

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QuickLinks

Exhibit 10.6

ACCPAC INTERNATIONAL, INC. 2002 STOCK INCENTIVE PLAN

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