Document:

Exhibit 10.4

DISPUTES RELATING TO
THIS AGREEMENT ARE REQUIRED TO BE SETTLED PURSUANT TO CERTAIN DISPUTE
RESOLUTION PROCEDURES AS PROVIDED IN ARTICLE 7 AND APPENDIX A OF THIS
AGREEMENT.

EMPLOYMENT AGREEMENT

This Employment
Agreement (this “Agreement”) is entered into effective as of the 23rd
day of February, 2007, between David C. Orf (“Employee”), and Rush
Administrative Services, Inc., a Delaware corporation (the “Company”),
whose principal executive offices are located in New Braunfels, Texas.

WHEREAS, the Company
desires to employ Employee, and Employee desires to be employed by the Company,
on terms hereinafter set forth;

NOW, THEREFORE, in
consideration for the mutual covenants contained herein and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

ARTICLE 1

DUTIES

1.1           Employment.  During the term of this Agreement, the
Company agrees to employ Employee, and Employee accepts such employment, on the
terms and conditions set forth in this Agreement.

1.2           Extent of Service.  During the term of this Agreement, Employee
shall devote his or her full-time business time, energy and skill to the
affairs of the Company and its affiliated companies, and Employee shall not be
engaged in any other business or consulting activities pursued for gain, profit
or other pecuniary advantage.  The foregoing shall not prevent Employee from
making monetary investments in businesses, provided that such investments do
not involve any services on the part of Employee in the operation or affairs of
such businesses.

1.3           Duties.  Employee’s duties hereunder shall include
such duties as may be prescribed from time to time by Employee’s supervisors or
the Board of Directors of the Company (the “Board”).  Employee shall also perform, without
additional compensation, such duties for the Company’s affiliated companies.

1.4           Access
to and Use of Proprietary Information. 
Employee recognizes and the Company agrees that, to assist Employee in
the performance of his or her duties hereunder, Employee will be provided
access to and limited use of proprietary and confidential information of the
Company.  Employee further recognizes
that, as a part of his or her employment with the Company, Employee will
benefit from and Employee’s qualifications will be enhanced by additional
training, education and experience which will be provided to Employee by the
Company directly and/or as a result of work projects assigned by the Company in
which proprietary and confidential information of the Company is utilized by
Employee.

ARTICLE 2

TERM OF EMPLOYMENT

The term of this Agreement shall commence
on the date hereof and continue until terminated pursuant to Article 4 hereof.

ARTICLE 3

COMPENSATION

3.1           Monthly
Base Salary.  As compensation for
services rendered under this Agreement, Employee shall be entitled to receive
from the Company a monthly base salary (before standard deductions) equal to
$21,681.76, subject to periodic review and upward adjustment by the Board in
its sole discretion (downward adjustment shall not be permitted).  Employee’s monthly base salary shall be
payable at regular intervals (at least semi-monthly) in accordance with the
prevailing practice and policy of the Company.

3.2           Discretionary
Performance Bonus.  As additional
compensation for services rendered under this Agreement, Employee shall also be
eligible to receive a discretionary performance bonus if, as and when declared
by the Board in its sole discretion.

3.3           Benefits.  Employee shall, in addition to the
compensation provided for herein, be entitled to the following additional
benefits:

(a)           Medical,
Health and Disability Benefits. 
Employee shall be entitled to receive all medical, health and disability
benefits that may, from time to time, be provided by the Company to all
employees of the Company as a group.

(b)           Other
Benefits.  Employee shall also be
entitled to receive any other benefits that may, from time to time, be provided
by the Company to all employees of Company as a group.

(c)           Vacation.  Employee shall be entitled to an annual
vacation as determined in accordance with the prevailing practice and policy of
the Company.

(d)           Holidays.  Employee shall be entitled to holidays in
accordance with the prevailing practice and policy of the Company.

(e)           Reimbursement
of Expenses.  The Company shall
reimburse Employee for all expenses reasonably incurred by Employee in
conjunction with the rendering of services at the Company’s request, provided
that such expenses are incurred in accordance with the prevailing practice and
policy of the Company and are properly deductible by the Company for federal
income tax purposes.  As a condition to
such reimbursement, Employee shall submit an itemized accounting of such expenses
in reasonable detail, including receipts where required under federal income
tax laws.

(f)            Annual
Physical.  Employee shall be entitled
to receive an annual physical, which shall be paid for by the Company on
Employee’s behalf.

ARTICLE 4

TERMINATION

4.1           Termination
With Notice.  This Agreement may be
terminated by the Company or Employee, without cause, upon 12 months’ prior
written notice thereof given by one party to the other party.  In the event of termination pursuant to this
Section 4.1, the Company shall pay Employee his or her monthly base salary
(subject to standard deductions) earned pro
rata to the date of such termination and the Company shall have no
further obligations to Employee hereunder.  
Notwithstanding the foregoing, in lieu of continuing the employment of
Employee for a period of 12 months after notice of termination is given under
this Section 4.1, the Company may, in its sole discretion, elect to terminate
this Agreement immediately and pay Employee a lump-sum equal to (a) Employee’s
monthly base salary (subject to standard deductions) for the month of
termination earned pro rata to
the date of such notification of termination, plus
(b) 12 months of Employee’s then effective base salary (subject to standard
deductions), plus (c) an amount
equal to (subject to standard deductions) a percentage of the bonus received by
Employee in connection with services rendered during the calendar year
immediately preceding the date of termination (without regard to the year in
which actual payment of such bonus is made), with such percentage being (i) 0%
if Employee has been employed by the Company on a continuous basis for less
than three years, (ii) 16.67% if the Employee has been employed by the Company
on a continuous basis for at least three years but less than four years, (iii)
33.34% if Employee has been employed by the Company on a continuous basis for
at least four years but less than five years, and (iv) 50% if Employee has been
employed by the Company on a continuous basis for five or more years.  Continuous service as described in the
previous sentence shall include all continuous service to the Company, whether
provided before or after the date of this Agreement, as determined in the sole
discretion of the Company.  In addition,
Employee shall be entitled to continue to be covered under the Company’s group
health insurance program pursuant to benefit continuation as prescribed in the
Consolidated Omnibus Budget Reconciliation Act (“COBRA”).  Such COBRA benefits shall commence on the
date of termination and the Company shall pay, on Employee’s behalf, any and
all costs associated with extending such group health benefits under COBRA for
a period of 12 months following the termination date.  Upon payment of the foregoing, the Company
shall have no further obligations to Employee hereunder.

4.2           Termination
For Cause.  This Agreement may be
terminated by the Company for “Cause” (hereinafter defined) upon written notice
thereof given by the Company to Employee. 
In the event of termination pursuant to this Section 4.2, the Company shall
pay Employee his or her monthly base salary (subject to standard deductions)
earned pro rata to the date of
such termination and the Company shall have no further obligations to Employee
hereunder.  The term “Cause” shall
include, without limitation, the following, as determined by the Board in its
sole judgment:  (i) Employee breaches any
of the terms of this Agreement; (ii) Employee is convicted of a felony; (iii)
Employee fails, after at least one warning, to perform duties assigned under
this Agreement (other than a failure due to death or physical or mental
disability); (iv) Employee intentionally engages in conduct which is
demonstrably and materially injurious to the 

Company; (v) Employee commits fraud or
theft of personal or Company property from Company premises; (vi) Employee
falsifies Company documents or records; (vii) Employee engages in acts of gross
carelessness or willful negligence to endanger life or property on Company
premises; (viii) Employee uses, distributes or is under the influence of
illegal drugs, alcohol or any other intoxicant on Company premises; (ix)
Employee possesses or stores hand guns on Company premises; or (x) Employee
intentionally violates state, federal or local laws and regulations.

4.3           Termination
Upon Death or Disability.  In the
event that Employee dies, this Agreement shall terminate upon Employee’s
death.  Likewise, if Employee becomes
unable to perform the essential functions of his or her duties hereunder, with
or without reasonable accommodation, on account of illness, disability or other
reason whatsoever for a period of more than 180 consecutive or nonconsecutive
days in any 12-month period, the Company may, upon notice to Employee,
terminate this Agreement.  In the event
of termination pursuant to this Section 4.3, Employee (or his or her legal
representatives) shall be entitled only to his or her monthly base salary
earned pro rata for services
actually rendered prior to the date of such termination; provided, however, Employee shall not be
entitled to his or her monthly base salary for any period with respect to which
Employee has received short-term or long-term disability benefits under
employee benefit plans maintained from time to time by the Company.

4.4           Survival
of Provisions.  The covenants and provisions
of Articles 5, 6 and 7 hereof shall survive any termination of this Agreement
and continue for the periods indicated, regardless of how such termination may
be brought about.

ARTICLE 5

PROPRIETARY PROPERTY; CONFIDENTIAL
INFORMATION

5.1           Proprietary
Property; Confidential Information. 
Employee acknowledges that in and as a result of Employee’s employment
hereunder, Employee will be making use of, acquiring and/or adding to
confidential information and proprietary property of a special and unique nature
and value relating to such matters as the Company’s trade secrets, systems,
procedures, manuals, confidential reports and lists of customers (“Confidential
Information”). As a material inducement to the Company to enter into this
Agreement and to pay to Employee the compensation and benefits stated herein,
the Employee covenants and agrees that Employee shall not, at any time during
or following the term of Employee’s employment, directly or indirectly, divulge
or disclose for any purpose whatsoever any Confidential Information or
proprietary information of the Company. 
Upon termination of this Agreement, regardless of how such termination
may be brought about, Employee shall deliver to the Company any and all documents,
instruments, notes, papers or other expressions or embodiments of confidential
information which are in Employee’s possession or control.

5.2           Publicity.  During the term of this Agreement and for a
period of ten years thereafter, Employee shall not, directly or indirectly,
originate or participate in the origination of any publicity, news release or
other public announcements, written or oral, whether to the public press or
otherwise, relating to this Agreement, to any amendment hereto, to Employee’s
employment hereunder or to the Company, without the prior written approval of
the Company.

ARTICLE 6

RESTRICTIVE COVENANTS

6.1           Non-Competition.  In consideration of the benefits of this
Agreement, including Employee’s access to and limited use of proprietary and
confidential information of the Company, as well as training, education and
experience provided to Employee by the Company directly and/or as a result of
work projects assigned by the Company with respect thereto, Employee hereby
covenants and agrees that during the term of this Agreement and for a period of
12 months following termination of this Agreement, regardless of how such
termination may be brought about, Employee shall not, directly or indirectly,
as proprietor, partner, stockholder, director, officer, employee, consultant, joint
venturer, investor or in any other capacity, engage in, or own, manage, operate
or control, or participate in the ownership, management, operation or control,
of any entity which engages in one of the Company’s major geographical or
commercial markets in the business of selling, servicing, renting, leasing,
insuring or financing new or used Class 3 through 8 trucks or any other
business activity in which the Company participates during Employee’s
employment with the Company; provided,
however, the foregoing shall not, in any event, prohibit Employee
from purchasing and holding as an investment not more than 1% of any class of
publicly traded securities of any entity which conducts a business in
competition with the business of the Company, so long as Employee does not
participate in any way in the management, operation or control of such
entity.  It is further recognized and
agreed that, even though an activity may not be restricted under the foregoing
provision, Employee shall not during the term of this Agreement and for a
period of 12 months following termination of this Agreement, regardless of how
such termination may be brought about, provide any services to any person or
entity which may be used against, or in conflict with the interests of, the Company
or its customers or clients.

6.2           Judicial
Reformation.  Employee acknowledges
that, given the nature of the Company’s business, the covenants contained in
Section 6.1 establish reasonable limitations as to time, geographic area and
scope of activity to be restrained and do not impose a greater restraint than
is reasonably necessary to protect and preserve the goodwill of the Company’s
business and to protect its legitimate business interests.  If, however, Section 6.1 is determined by any
court of competent jurisdiction to be unenforceable by reason of its extending
for too long a period of time or over too large a geographic area or by reason
of it being too extensive in any other respect or for any other reason, it will
be interpreted to extend only over the longest period of time for which it may
be enforceable and/or over the largest geographic area as to which it may be
enforceable and/or to the maximum extent in all other aspects as to which it
may be enforceable, all as determined by such court.

6.3           Customer
Lists; Non-Solicitation.  In
consideration of the benefits of this Agreement, including Employee’s access to
and limited use of proprietary and confidential information of the Company, as
well as training, education and experience provided to Employee by the Company
directly and/or as a result of work projects assigned by the Company with
respect thereto, Employee hereby further covenants and agrees that for a period
of 12 months following the termination of this Agreement, regardless of how such
termination may be brought about, Employee shall not, directly or indirectly,
(a) use or make known to any person or entity 

the names or addresses of any clients or
customers of the Company or any other information pertaining to them, (b) call
on, solicit, take away or attempt to call on, solicit or take away any clients
or customers of the Company on whom Employee called or with whom he or she
became acquainted during his or her employment with the Company, nor (c)
recruit, hire or attempt to recruit or hire any employees of the Company.

ARTICLE 7

ARBITRATION

Except for the provisions of Articles 5
and 6 of this Agreement dealing with proprietary property, confidential
information and restrictive covenants, with respect to which the Company
expressly reserves the right to petition a court directly for injunctive and
other relief, any claim, dispute or controversy of any nature whatsoever,
including but not limited to tort claims or contract disputes between the
parties to this Agreement or their respective heirs, executors, administrators,
legal representatives, successors and assigns, as applicable, arising out of or
related to Employee’s employment or the terms and conditions of this Agreement,
including the implementation, applicability or interpretation thereof, shall be
resolved in accordance with the dispute resolution procedures set forth in Appendix
A attached hereto and made a part hereof.

ARTICLE 8

MISCELLANEOUS

8.1           Notices.  All notices and other communications
hereunder shall be in writing and shall be deemed to have been duly given if
delivered personally, mailed by certified mail (return receipt requested) or
sent by an overnight delivery service with tracking procedures or by facsimile
to the parties at the following addresses or at such other addresses as shall
be specified by the parties by like notice: 
If to Employee, at the address set forth below his or her name on the
signature page hereof; and if to the Company, at 555 I.H. 35 North, New
Braunfels, Texas 78130, Attention: Chairman of the Board and Chief Executive
Officer.

8.2           Equitable
Relief.  In the event of a breach or
a threatened breach by Employee of any of the provisions contained in Article 5
or 6 of this Agreement, Employee acknowledges that the Company will suffer
irreparable injury not fully compensable by money damages and, therefore, will
not have an adequate remedy available at law. 
Accordingly, the Company shall be entitled to obtain such injunctive
relief or other equitable remedy from any court of competent jurisdiction as
may be necessary or appropriate to prevent or curtail any such breach,
threatened or actual.  The foregoing
shall be in addition to and without prejudice to any other rights that the
Company may have under this Agreement, at law or in equity, including, without
limitation, the right to sue for damages.

8.3           No
Rights in Contracts.  Employee
acknowledges and agrees that he or she shall not have any rights in or to any
contracts entered into with clients or customers of the Company in connection
with services provided by Employee hereunder (including those in which Employee
may be specifically named with the Company), unless otherwise agreed to in
writing by the Company.

8.4           Assignment.  The rights and obligations of the Company
under this Agreement shall inure to the benefit of and shall be binding upon
the successors and assigns of the Company. 
Employee’s rights under this Agreement are not assignable and any
attempted assignment thereof shall be null and void.

8.5           Governing
Law; Venue.  This Agreement shall be
subject to and governed by the laws of the State of Texas.  Non-exclusive venue for any action permitted
hereunder shall be proper in San Antonio, Bexar County, Texas, and Employee
hereby consents to such venue.

8.6           Entire
Agreement; Amendments.  This
Agreement constitutes the entire agreement between the parties and supersedes
all other agreements between the parties which may relate to the subject matter
contained in this Agreement.  This
Agreement may not be amended or modified except by an agreement in writing
which refers to this Agreement and is signed by both parties.

8.7           Headings.  The headings of sections and subsections of
this Agreement are for convenience only and shall not in any way affect the
interpretation of any provision of this Agreement or of the Agreement itself.

8.8           Severability.  Whenever possible, each provision of this
Agreement shall be interpreted in such manner as to be effective and valid
under applicable law.  If any provision
of this Agreement shall be prohibited by or invalid under applicable law, such
provision shall be ineffective to the extent of such prohibition or invalidity,
without invalidating the remainder of such provision or the remaining
provisions of this Agreement.

8.9           Waiver.  The waiver by any party of a breach of any
provision hereof shall not be deemed to constitute the waiver of any prior or
subsequent breach of the same provision or any other provisions hereof.  Further, the failure of any party to insist
upon strict adherence to any term of this Agreement on one or more occasions
shall not be considered a waiver or deprive that party of the right thereafter
to insist upon strict adherence to that term or any other term of this
Agreement unless such party expressly waives such provision pursuant to a written
instrument which refers to this Agreement and is signed by such party.

[Signatures on Following
Page]

IN WITNESS WHEREOF, the parties have
executed this Agreement as of the day and year first above written.

	
  

  	
  RUSH ADMINISTRATIVE
  SERVICES, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ W. Marvin
  Rush

  
	
   

  	
   

  	
   

  	
  W. Marvin Rush,

  
	
   

  	
   

  	
   

  	
  Chief Executive
  Officer

  
	
   

  	
   

  	
   

  
	
   

  	
  EMPLOYEE:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  /s/ David C. Orf

  
	
   

  	
   

  	
   

  	
  David C. Orf

  

 

APPENDIX A

DISPUTE RESOLUTION PROCEDURES

Re:      Employment Agreement dated February 23, 2007 (including any
amendments, the “Agreement”), between Rush Administrative Services,
Inc., a Delaware corporation (the “Company”), and David C. Orf (“Employee”).  Unless otherwise defined in this Appendix
A, terms defined in the Agreement and used herein shall have the meanings
set forth therein.

A.   Negotiations.  If any claim, dispute or controversy
described in Article 7 of the Agreement (collectively, the “Dispute”) arises,
either party may, by written notice to the party, have the Dispute referred to
the persons designated below for attempted resolution by good faith
negotiations within 45 days after such written notice is received.  Such designated persons are as follows:

1. 
Company.  The Chairman of
the Board and Chief Executive Officer or his designee; and

2. 
Employee.  Employee or his
or her designee.

Any settlement reached by the parties
under this paragraph A shall not be binding until reduced to writing and signed
by both parties.  When reduced to
writing, such settlement agreement shall supersede all other agreements,
written or oral, to the extent such agreements specifically pertain to the
matters so settled.  If the
above-designated persons are unable to resolve such dispute within such 45-day
period, either party may invoke the provisions of paragraph B below.

B.    Arbitration.  All Disputes shall be settled by negotiation
among the parties as described in paragraph A above or, if such negotiation is
unsuccessful, by binding arbitration in accordance with procedures set forth in
paragraphs C and D below.

C.    Notice.  Notice of demand for binding arbitration by
one party shall be given in writing to the other party pursuant to the
Agreement.  In no event may a notice of
demand of any kind be filed more than one (1) year after the date the Dispute
is first asserted in writing to the other party pursuant to paragraph A above,
and if such demand is not timely filed, the Dispute referenced in the notice
given pursuant to paragraph A above shall be deemed released, waived, barred
and unenforceable for all time, and barred as if by statute of limitations.

D.    Binding
Arbitration.  Upon filing of a notice
of demand for binding arbitration by either party, arbitration shall be
commenced and conducted as follows:

1. 
Arbitrators.  All Disputes
and related matters in question shall be referred to and decided and settled by
a panel of three arbitrators, one selected by the Company, one selected by
Employee and the third selected by the two arbitrators so selected.  Selection of the arbitrators to be selected
the Company and Employee shall be made within ten (10) business days after the
date of giving of a notice of demand for arbitration, and the two 

arbitrators so appointed shall appoint
the third within 10 business days following their appointment.

2. 
Cost of Arbitration.  The
cost of arbitration proceedings, including without limitation the arbitrators’
compensation and expenses, hearing room charges, court reporter transcript
charges etc., shall be borne by the parties equally or otherwise as the
arbitrators may determine.  The
arbitrators may award the prevailing party its reasonable attorneys’ fees and
costs incurred in connection with the arbitration.  The arbitrators are specifically instructed
to award attorneys’ fees for instances of abuse in the discovery process.

3. 
Location of Proceedings. 
The arbitration proceedings shall be held in San Antonio, Texas, unless
the parties agree otherwise.

4. 
Pre-hearing Discovery.  The
parties shall have the right to conduct and enforce pre-hearing discovery in
accordance with the then current Federal Rules of Civil Procedure, subject to
these limitations:

(a) 
Each party may serve no more than one set of interrogatories limited to
30 questions, including sub-parts;

(b) 
Each party may depose the other party’s expert witnesses who will be
called to testify at the hearing, plus two fact witnesses without regard to
whether they will be called to testify (each party will be entitled to a total
of no more than 24 hours of deposition time of the other party’s witnesses),
provided however, that the arbitrators may provide for additional depositions
upon showing of good cause; and

(c) 
Document discovery and other discovery shall be under the control of and
enforceable by the arbitrators.

5. 
Discovery disputes.  All
discovery disputes shall be decided by the arbitrators.  The arbitrators are empowered;

(a) 
to issue subpoenas to compel pre-hearing document or deposition
discovery;

(b) 
to enforce the discovery rights and obligations of the parties; and

(c) 
to otherwise to control the scheduling and conduct of the proceedings.

Notwithstanding any contrary foregoing
provisions, the arbitrators shall have the power and authority to, and to the
fullest extent practicable shall, abbreviate arbitration discovery in a manner
which is fair to all parties in order to expedite the conclusion of each
alternative dispute resolution proceeding.

6. 
Pre-hearing Conference. 
Within fifteen (15) days after selection of the third arbitrator, or as
soon thereafter as is mutually convenient to the arbitrators, the arbitrators
shall hold a pre-hearing conference to establish schedules for completion of
discovery, for exchange of exhibit and witness lists, for arbitration briefs
and for the hearing, and to decide procedural matters and address all other
questions that may be presented.

7. 
Hearing Procedures.  The
hearing shall be conducted to preserve its privacy and to allow reasonable
procedural due process.  Rules of
evidence need not be strictly followed, and the hearing shall be streamlined as
follows:

(a) 
Documents shall be self-authenticating, subject to valid objection by
the opposing party;

(b) 
Expert reports, witness biographies, depositions and affidavits may be
utilized, subject to the opponent’s right of a live cross-examination of the
witness in person;

(c) 
Charts, graphs and summaries shall be utilized to present voluminous
data, provided (i) that the underlying data is made available to the opposing
party thirty (30) days prior to the hearing, and (ii) that the preparer of
each chart, graph or summary is available for explanation and live
cross-examination in person;

(d) 
The hearing should be held on consecutive business days without
interruption to the maximum extent practicable; and

(e) 
The arbitrators shall establish all other procedural rules for the
conduct of the arbitration in accordance with the rules of arbitration of the
Center for Public Resources.

8. 
Governing Law.  This
arbitration provision shall be governed by, and all rights and obligations
specifically enforceable under and pursuant to, the Federal Arbitration Act (9
U.S.C. Sections 1-14.)

9. 
Consolidation.  No
arbitration shall include, by consolidation, joinder or in any other manner,
any additional person not a party to the Agreement, except by written consent
of both parties containing a specific reference to these provisions.

10. 
Award.  The arbitrators are
empowered to render an award of general compensatory damages and equitable
relief (including, without limitations, injunctive relief), but are not
empowered to award exemplary, special or punitive damages.  The award rendered by the arbitrators
(a) shall be final, (b) shall not constitute a basis for collateral
estoppel as to any issue and (c) shall not be subject to vacation or
modification.

11.  Confidentiality.  The parties hereto will maintain the
substance of any proceedings hereunder in confidence and the arbitrators, prior
to any proceedings 

hereunder, will sign an agreement whereby the
arbitrators agree to keep the substance of any proceedings hereunder in
confidence.Exhibit
10.8

SYMYX
TECHNOLOGIES, INC. 1997 STOCK PLAN

NOTICE OF RESTRICTED STOCK UNIT AWARD

	
  Grantee’s Name:

  	
   

  

 

You (the “Grantee”) have been granted an award of
Restricted Stock Units (the “Award”), subject to the terms and conditions of
this Notice of Restricted Stock Unit Award (the “Notice”), the Symyx
Technologies, Inc. 1997 Stock Plan, as amended from time to time (the “Plan”)
and the Restricted Stock Unit Agreement (the “Agreement”) attached hereto, as
follows.  Unless otherwise defined
herein, the terms defined in the Plan shall have the same defined meanings in
this Notice.

	
  Award Number

  	
   

  
	
   

  	
   

  
	
  Date of Award

  	
   

  
	
   

  	
   

  
	
  Total Number of
  Restricted Stock

  	
   

  
	
  Units Awarded (the
  “Units”)

  	
   

  

 

Vesting Schedule:

Subject to the Grantee’s continued status as a Service
Provider and other limitations set forth in this Notice, the Agreement and the
Plan, the Units will “vest” in accordance with the following schedule:

[to be determined]

In the event of the Grantee’s change in status from
Employee, Director or Consultant to any other status of Employee, Director or
Consultant, the Award shall remain in effect and the Units shall continue to
vest in accordance with the Vesting Schedule.

During any authorized leave of absence, the vesting of
the Units as provided in this schedule shall be suspended (to the extent
permitted under Section 409A of the Code) after the leave of absence
exceeds a period of three (3) months. 
The Vesting Schedule of the Units shall be extended by the length of the
suspension.  Vesting of the Units shall
resume upon the Grantee’s termination of the leave of absence and return to
service to the Company or a Related Entity; provided, however, that if the
leave of absence exceeds six (6) months, and a return to service upon
expiration of such leave is not guaranteed by statute or contract, then
(a) the Grantee’s status as a Service Provider shall be deemed to
terminate on the first date following such six-month period and (b) the
Grantee will forfeit the Units that are unvested on the date the Grantee ceases
to be Service Provider.  An authorized
leave of absence shall include sick leave, military leave, or other bona fide
leave of absence (such as temporary employment by the government).

For purposes of this Notice and the Agreement, the
term “vest” shall mean, with respect to any Units, that such Units are no
longer subject to forfeiture to the Company.  If the Grantee would become vested in a
fraction of a Unit, such Unit shall not vest until the Grantee becomes

 1
 

vested in the entire Unit.  Notwithstanding the foregoing, the Units
subject to this Notice will be subject to the provisions of Section 4 of
the Agreement relating to the release of forfeiture provisions in the event of a
Change in Control (as defined in the Agreement).

Vesting shall cease upon the date the Grantee ceases
to be Service Provider for any reason, including Disability.  Except as provided below, in the event the
Grantee ceases to be a Service Provider for any reason, including Disability, any
Units held by the Grantee immediately following such termination of the Grantee’s
status as a Service Provider shall be deemed reconveyed to the Company and the
Company shall thereafter be the legal and beneficial owner of the Units and
shall have all rights and interest in or related thereto without further action
by the Grantee.  In the event the Grantee
ceases to be a Service Provider on account of death, the Grantee shall become
vested as of the date of death in the number of Units determined as follows:

[to be determined]

IN WITNESS WHEREOF, the Company and the Grantee have
executed this Notice and agree that the Award is to be governed by the terms
and conditions of this Notice, the Plan, and the Agreement.

Symyx Technologies,
Inc.,

a Delaware corporation

	
  

  	
  By:

  	
   

  
	
   

  	
   

  
	
   

  	
  Title:

  
				

 

THE
GRANTEE ACKNOWLEDGES AND AGREES THAT THE UNITS SHALL VEST, IF AT ALL, ONLY WHILE
THE GRANTEE IS A SERVICE PROVIDER (NOT THROUGH THE ACT OF BEING HIRED, BEING
GRANTED THIS AWARD OR ACQUIRING SHARES HEREUNDER).  THE GRANTEE FURTHER ACKNOWLEDGES AND AGREES
THAT NOTHING IN THIS NOTICE, THE AGREEMENT, NOR IN THE PLAN, SHALL CONFER UPON
THE GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION OF THE GRANTEE’S STATUS AS A
SERVICE PROVIDER, NOR SHALL IT INTERFERE IN ANY WAY WITH THE GRANTEE’S RIGHT OR
THE COMPANY’S RIGHT TO TERMINATE THE GRANTEE’S STATUS AS A SERVICE PROVIDER AT
ANY TIME, WITH OR WITHOUT CAUSE, AND WITH OR WITHOUT NOTICE.  THE GRANTEE ACKNOWLEDGES THAT UNLESS THE
GRANTEE HAS A WRITTEN EMPLOYMENT AGREEMENT WITH THE COMPANY TO THE CONTRARY,
THE GRANTEE’S STATUS IS AT WILL.

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The Grantee acknowledges receipt of a copy of the Plan
and the Agreement and represents that he or she is familiar with the terms and
provisions thereof, and hereby accepts the Award subject to all of the terms
and provisions hereof and thereof.  The
Grantee has reviewed this Notice, the Agreement and the Plan in their entirety,
has had an opportunity to obtain the advice of counsel prior to executing this
Notice and fully understands all provisions of this Notice, the Agreement and
the Plan.  The Grantee hereby agrees that
all questions of interpretation and administration relating to this Notice, the
Plan and the Agreement shall be resolved by the Administrator in accordance
with Section 9 of the Agreement. 
The Grantee further agrees to the venue selection in accordance with
Section 10 of the Agreement.  The
Grantee further agrees to notify the Company upon any change in the residence
address indicated in this Notice.

	
  Dated:

  	
   

  	
   

  	
  Signed:

  	
   

  

 

 3

 

	
  Award Number: 

  	
   

  

 

SYMYX TECHNOLOGIES, INC. 1997 STOCK
PLAN

RESTRICTED STOCK UNIT AGREEMENT

1.                                       Issuance
of Units.  Symyx Technologies, Inc.,
a Delaware corporation (the “Company”), hereby issues to the Grantee (the
“Grantee”) named in the Notice of Restricted Stock Unit Award (the “Notice”) an
award (the “Award”) of the Total Number of Restricted Stock Units Awarded set
forth in the Notice (the “Units”), subject to the Notice, this Restricted Stock
Unit Agreement (the “Agreement”) and the terms and provisions of the Company’s
1997 Stock Plan, as amended from time to time (the “Plan”), which is
incorporated herein by reference.  Unless
otherwise defined herein, the terms defined in the Plan shall have the same
defined meanings in this Agreement.

2.                                       Transfer
Restrictions.  The Units may not be
transferred in any manner other than by will or by the laws of descent and
distribution.

3.                                       Conversion
of Units and Issuance of Shares.

(a)                                  General.  Subject to Section 3(b),
upon the vesting of a Unit, one share of Common Stock shall be issuable for
each Unit that vests on a particular date (the “Shares”), subject to the terms
and provisions of the Plan and this Agreement. 
Thereafter, the Company will transfer such Shares to the Grantee upon
satisfaction of any required tax or other withholding obligations.  Any fractional Unit remaining after the Award
is fully vested shall be discarded and shall not be converted into a fractional
Share.

(b)                                 Delay of Conversion.  The
conversion of the Units to Common Stock upon the vesting of a Unit shall be
delayed in the event the Company reasonably anticipates that the issuance of
Common Stock would constitute a violation of federal securities laws or other
applicable law.  If the conversion of the
Units to Common Stock is delayed by the provisions of this Section 3(b),
the conversion of the Units to Common Stock shall occur at the earliest date at
which the Company reasonably anticipates issuing the Common Stock will not
cause a violation of federal securities laws or other applicable law.  For purposes of this Section 3(b), the
issuance of Common Stock that would cause inclusion in gross income or the
application of any penalty provision or other provision of the Code is not
considered a violation of applicable law.

(c)                                  Delay of Issuance of Shares.  The
Company shall have the authority to delay the issuance of any shares of Common
Stock under this Section 2 to the extent it deems necessary or appropriate
to comply with Section 409A(a)(2)(B)(i) of the Code (relating to payments made
to certain “key employees” of certain publicly-traded companies); in such
event, any shares of Common Stock to which the Grantee would otherwise be
entitled during the six (6) month period following the date the Grantee ceases
to be a Service Provider will be issued on the first business day following the
expiration of such six (6) month period.

 1
 

4.                                       Change
in Control.

(a)                                  Notwithstanding Section 14 of the Plan,
in the event of a Change in Control, the Award shall automatically become fully
vested with respect to all of the Units at the time represented by the Award,
immediately prior to the specified effective date of such Change in Control,
provided that the Grantee has not ceased to be a Service Provider prior to such
date.  Effective upon the consummation of
a Change in Control, the Award shall terminate. 
]

(b)                                 “Change in Control” means the occurrence of
any change in ownership of the Company, change in effective control of the
Company, or change in the ownership of a substantial portion of the assets of
the Company, applied in a manner consistent with those terms as defined in Code
Section 409A(a)(2)(A)(v), the regulations thereunder, and any other published
interpretive authority, as issued or amended from time to time.

5.                                       Right
to Shares.  The Grantee shall not
have any right in, to or with respect to any of the Shares (including any
voting rights or rights with respect to dividends paid on the Common Stock)
issuable under the Award until the Award is settled by the issuance of such Shares
to the Grantee.

6.                                       Taxes.

(a)                                  Tax Liability.  The
Grantee is ultimately liable and responsible for all taxes owed by the Grantee
in connection with the Award, regardless of any action the Company or any
Parent or Subsidiary of the Company takes with respect to any tax withholding
obligations that arise in connection with the Award.  Neither the Company nor any Parent or
Subsidiary of the Company makes any representation or undertaking regarding the
treatment of any tax withholding in connection with the grant or vesting of the
Award or the subsequent sale of Shares subject to the Award.  The Company does not commit and is under no
obligation to structure the Award to reduce or eliminate the Grantee’s tax
liability.

(b)                                 Payment of Withholding Taxes.  Prior
to any event in connection with the Award (e.g., vesting) that the Company
determines may result in any tax withholding obligation, whether United States
federal, state, local or non-U.S., including any employment tax obligation (the
“Tax Withholding Obligation”), the Grantee must arrange for the satisfaction of
the minimum amount of such Tax Withholding Obligation in a manner acceptable to
the Company.

(i)                                     By Share Withholding.  The
Grantee authorizes the Company to, upon the exercise of its sole discretion,
withhold from those Shares issuable to the Grantee the whole number of Shares
sufficient to satisfy the minimum applicable Tax Withholding Obligation.  The Grantee acknowledges that the withheld
Shares may not be sufficient to satisfy the Grantee’s minimum Tax Withholding
Obligation.  Accordingly, the Grantee
agrees to pay to the Company or any Parent or Subsidiary of the Company as soon
as practicable, including through additional payroll withholding, any amount of
the Tax Withholding Obligation that is not satisfied by the withholding of
Shares described above.

(ii)                                  By Sale of Shares. 
Unless the Grantee determines to satisfy the Tax Withholding Obligation
by some other means in accordance with clause (iii) below, the Grantee’s
acceptance of this Award constitutes the Grantee’s instruction and
authorization to the

 2
 

Company and any brokerage
firm determined acceptable to the Company for such purpose to sell on the
Grantee’s behalf a whole number of Shares from those Shares issuable to the
Grantee as the Company determines to be appropriate to generate cash proceeds
sufficient to satisfy the minimum applicable Tax Withholding Obligation.  Such Shares will be sold on the day such Tax
Withholding Obligation arises (e.g., a vesting date) or as soon thereafter as
practicable.  The Grantee will be
responsible for all broker’s fees and other costs of sale, and the Grantee
agrees to indemnify and hold the Company harmless from any losses, costs,
damages, or expenses relating to any such sale. 
To the extent the proceeds of such sale exceed the Grantee’s minimum Tax
Withholding Obligation, the Company agrees to pay such excess in cash to the
Grantee.  The Grantee acknowledges that
the Company or its designee is under no obligation to arrange for such sale at
any particular price, and that the proceeds of any such sale may not be
sufficient to satisfy the Grantee’s minimum Tax Withholding Obligation.  Accordingly, the Grantee agrees to pay to the
Company or any Parent or Subsidiary of the Company as soon as practicable,
including through additional payroll withholding, any amount of the Tax
Withholding Obligation that is not satisfied by the sale of Shares described
above.

(iii)                               By Check, Wire Transfer or
Other Means. At any time not
less than five (5) business days (or such fewer number of business days as
determined by the Administrator) before any Tax Withholding Obligation arises
(e.g., a vesting date), the Grantee may elect to satisfy the Grantee’s Tax
Withholding Obligation by delivering to the Company an amount that the Company
determines is sufficient to satisfy the Tax Withholding Obligation by
(x) wire transfer to such account as the Company may direct,
(y) delivery of a certified check payable to the Company, or (z) such
other means as specified from time to time by the Administrator.

7.                                       Entire
Agreement: Governing Law.  The
Notice, the Plan and this Agreement constitute the entire agreement of the
parties with respect to the subject matter hereof and supersede in their
entirety all prior undertakings and agreements of the Company and the Grantee
with respect to the subject matter hereof, and may not be modified adversely to
the Grantee’s interest except by means of a writing signed by the Company and
the Grantee.  These agreements are to be
construed in accordance with and governed by the internal laws of the State of
California without giving effect to any choice of law rule that would cause the
application of the laws of any jurisdiction other than the internal laws of the
State of California to the rights and duties of the parties.  Should any provision of the Notice or this
Agreement be determined to be illegal or unenforceable, the other provisions
shall nevertheless remain effective and shall remain enforceable.

8.                                       Construction.  The captions used in the Notice and this
Agreement are inserted for convenience and shall not be deemed a part of the
Award for construction or interpretation. 
Except when otherwise indicated by the context, the singular shall
include the plural and the plural shall include the singular.  Use of the term “or” is not intended to be
exclusive, unless the context clearly requires otherwise.

9.                                       Administration
and Interpretation.  Any question or
dispute regarding the administration or interpretation of the Notice, the Plan
or this Agreement shall be submitted by the Grantee or by the Company to the
Administrator.  The resolution of such
question or dispute by the Administrator shall be final and binding on all
persons.

 3
 

10.                                 Venue.  The parties agree that any suit, action, or
proceeding arising out of or relating to the Notice, the Plan or this Agreement
shall be brought in the United States District Court for the Northern District
of California (or should such court lack jurisdiction to hear such action, suit
or proceeding, in a California state court in the County of Santa Clara) and
that the parties shall submit to the jurisdiction of such court.  The parties irrevocably waive, to the fullest
extent permitted by law, any objection the party may have to the laying of
venue for any such suit, action or proceeding brought in such court.  If any one or more provisions of this
Section 10 shall for any reason be held invalid or unenforceable, it is
the specific intent of the parties that such provisions shall be modified to
the minimum extent necessary to make it or its application valid and
enforceable.

11.                                 Notices.  Any notice required or permitted hereunder
shall be given in writing and shall be deemed effectively given upon personal
delivery, upon deposit for delivery by an internationally recognized express
mail courier service or upon deposit in the United States mail by certified
mail (if the parties are within the United States), with postage and fees
prepaid, addressed to the other party at its address as shown in these
instruments, or to such other address as such party may designate in writing
from time to time to the other party.

12.                                 Amendment
to Meet the Requirements of Section 409A.  The Grantee acknowledges that the Company, in
the exercise of its sole discretion and without the consent of the Grantee, may
amend or modify this Agreement in any manner and delay the payment of any
amounts payable pursuant to this Agreement to the minimum extent necessary to
meet the requirements of Section 409A of the Code as amplified by any
Internal Revenue Service or U.S. Treasury Department regulations or guidance as
the Company deems appropriate or advisable.

END OF
AGREEMENT

 4

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