Document:

Severance Agreement

 Exhibit 10.31 
  

			
		  	

		  	 275 Frank Tompa Drive
 Waterloo, ON N2L 0A1
 CANADA

 Private and Confidential 
 December 4, 2009 
 Kirk Roberts 
 Dear Kirk: 
 This letter confirms our discussion
at which time you were provided notice that Open Text Corporation (the “Company”, “Open Text”) is terminating your employment effective February 15, 2010 (Termination Date). As of the Termination Date, your service,
employment, any pay, variable compensation or commission payments and benefits not expressly extended to you in this letter will end. 
 Your
last day worked will be February 15, 2010. The period from today through the Termination Date inclusive shall serve to be the notice period. Also, to further assist you in finding alternate employment, we are providing the career services of
our Employee Assistance Program (detailed below). 
 In addition to this notice period, the company has prepared the following severance
package. Upon acceptance of this package, please sign one copy of this letter and return it to HR Services located in the Waterloo office no later than 5 business days from the date of this letter. Please fax for processing to 1-877-267-3647, mail
in the signed original and retain the additional copy for your records. 
  

	1.	Severance Payments 

 As per your
Employment Agreement dated July 1, 2009, the Company will provide a total severance package of 20 months. This package includes 20 months of severance payments (as detailed below) beyond the notice period until October 15, 2011 (Severance
End Date). Severance payments are less all withholding and other employment taxes required by law and other usual deductions and are made via direct deposit on our regular semi-monthly payroll schedule (15th and last day of the month). If this
package is accepted, these payments begin immediately following your Termination Date. However, severance payments will not begin until all Company property is returned as outlined in the Return of Company Property Section below. 
 Total Severance Payments = $583,333.33 CDN 
 Semi-Monthly Severance Installments = $14,583.33 CDN ($583,333.33 CDN / 40) 

 In addition to the severance payment above, you will also receive: 
  

	 	1)	Any Variable Compensation amount earned up to the Termination Date. We are unable at this time to estimate a possible payment. However, if a payment is made, it will
follow the normal procedure and will be paid within 31 days of the amount being calculated and approved. 

  

	 	2)	 An amount equal to  1/12 of the Variable Compensation payment earned during the bonus year proceeding the current bonus year times the number of months referred to in the chart on Exhibit 1 of your
Employment Agreement, based on your length of service (January 1, 1992). The total variable compensation paid to you from July 1, 2008 to June 30, 2009 was $196,558.00 CDN. This amount will be divided into 40 equal installments and will be
included with your semi-monthly severance payment until October 15, 2011. Your semi-monthly payment will be $4,913.95 CDN. 

  

	 	3)	As per the “STATEMENT OF WORK” section of your Consulting Letter Agreement, as a Consultant, you will be paid a monthly retainer of $200.00 CDN, to be
invoiced monthly and payable within 30 days of submission of an approved invoice until October 15, 2011. 

 You acknowledge
that these payments include all notice and severance to which you may be entitled pursuant to the Employment Standards Act or any other Ontario labour laws, which apply. 
 You further acknowledge that should you resume employment with the Company or any of its subsidiaries or affiliates during the Notice or Severance Period prescribed above, all payments described in this
letter will cease and no additional payments will be due. 
  

	2.	Outstanding Vacation Pay 

 All accrued,
but unused vacation days, including time accrued during the statutory notice period will be paid with the next regularly scheduled payroll following the Termination Date. As per the vacation policy, any negative vacation balance will be deducted
from your final pay. 
  

	3.	Outstanding Expenses 

 If you have any
outstanding expenses, your final expense report must be submitted to the Company for review and approval within five (5) business days of your Termination Date. Approved reimbursement payments shall be made by the Company within thirty
(30) days after the Company’s receipt of your final expense report. 
  

	4.	Employee Stock Purchase Plan (ESPP) 

 Typically, deductions to the ESPP will stop immediately, and all monies contributed in the current season will be refunded to you on your first pay during your notice period. In the event that your Termination Date occurs on or after the
last day of the current purchase period, your deductions to the ESPP will continue until shares are purchased. In this circumstance, should you wish to have deductions cease, you must notify HR Services at least 5 business days prior to the last day
of the current purchase period. 

	5.	Stock Options 

 You may only exercise
options that have vested prior to your Termination Date per the plan. Your stock options will continue to vest during the term of your consulting agreement. No options will vest following your Severance End Date (October 15, 2011) If you wish to
exercise your stock options, please contact options-espp@opentext.com. 
  

	6.	Long-Term Incentive Plan 

 As a
participant in the company LTIP plans, you will be eligible for pro-rata payments, if in fact the company reaches all or some of the target objectives as per the plan document. Without knowing the outcome of company performance, we are unable to
estimate possible payments at this time. However, if LTIP targets are reached, and a payment is required, it will follow the normal procedure by board approval. 
  

	 	a.	For LTIP1, you will be eligible for a pro-rata payment equal to 32 of 36 months 

  

	 	b.	For LTIP2, you will be eligible for a pro-rata payment equal to 20 of 36 months 

 Payments for all LTIP plans will most likely occur in the September time-frame after each of the plan periods close. 
  

	7.	Group Insurance 

 All Group Insurance
Benefits will terminate as of your Termination Date except for the following: 
  

	 	•	 	 Health and Dental Care plan (if applicable) at the level in which you are presently enrolled 

  

	 	•	 	 Emergency Out of Country Medical & Travel Assistance will be reduced to $50,000 with a limited 60 day stay outside Canada.

  

	 	•	 	 The Employee Assistance Program (EAP) 

 These benefits will continue until your Severance End Date. 
 Should you wish to convert your
Basic Life, Employee Optional Life and/or Spousal Optional Life and AD&D (if applicable) to a personal plan, please refer to the FAQ document attached for more information. 
  

	8.	Group RRSP Contributions 

 Your
participation in the Company’s RRSP, if applicable, will terminate as of your Termination Date and the Company will continue to match contributions based on the Plan guidelines until this date. If you would like to stop your RRSP prior to your
Termination Date, please notify HR Services in writing. Further information regarding your RRSP Options will be mailed to your home address after your final RRSP contribution is made to the carrier. 
  

	9.	Career Transition 

 To assist you in your
job search, the Company will provide you with career transitioning services until the Severance End Date through Ceridian’s Employee Assistance Program. You can access this service by calling Ceridian’s toll-free call center at
877-207-8833. 

	10.	Employment Verification 

 Enclosed you
will find a written employment verification letter with your employment details. This letter confirms factual information such as dates employed and position title. All verbal inquires should be referred to HR Services and will be responded to in
keeping with the wording of the written employment letter. 
  

	11.	Return of Company Property 

 All payments
outlined in this letter are conditional upon return of all Company property including but not limited to; computers, printers, laptops, blackberries, phones, documents, software, code, manuals, customer lists and/or correspondence, notebooks,
reports and other written, digital or graphic materials relating in any way to the Company business and prepared or obtained by you from the Company, its clients or its suppliers during the course of your employment with the Company, including but
not limited to corporate credit cards and building/office access pass. It is understood and agreed that deletions of Company data on computers and hard drives is considered destruction of Company property and therefore all data must be returned
intact to the Company. Should you have Company property at your home or other location you are required to return it to the Company within five (5) business days of your actual last day worked. If required, the Company will provide you
with a courier account number to expense the shipping costs. 
  

	12.	Non-Disparagement and Professionalism 

 You agree that you will not make any statements that are derogatory or disparaging toward the Company or its affiliates, strategic partners, third party software providers or the Company’s management, products, or services, either
verbally or in writing, in any form through any medium, including but not limited to, Internet postings, blogs or email communications. 
  

	13.	General Release 

 In exchange for the
Company providing you with the severance described in Section 1 and other good and valuable consideration set forth herein, you agree that, you will execute a release substantially the same as the release attached as Exhibit A to this
Agreement. You understand that your eligibility for the benefits offered under this Agreement (except where otherwise stated) is subject to, and conditioned upon, your executing a copy of the release and returning it to Open Text. The release
document will be provided to you by the Company prior to your last day worked and must be signed by you and returned to the address indicated below no earlier than 5 working days before the last day worked or the offer of severance will be
considered withdrawn. 
  

	14.	Miscellaneous Provision 

 From and after
your notification date, you represent that you have not made, and agree that you will not make, to any third party any disparaging, untrue, or misleading written or oral statement about or relating to Open Text or its products or services (or about
or relating to any officer, director, agent, employee, or other person acting on Open Text’s behalf). The Company agrees to do the same regarding your past employment at Open Text. 
  

	15.	Amendment 

 This Agreement may not be
altered, amended, or modified except in writing signed both by you and Open Text. 
  

	16.	Severability 

 If any provision of this
Agreement is found by a court to be invalid or unenforceable, in whole or in part, then such provision shall be construed and/or modified or restricted to the extent necessary to render it valid and enforceable, or shall be deemed excised from this
Agreement, as the case may require. 

	17.	Applicable Law 

 This Agreement shall be
governed by and construed in accordance with the laws of the Province of Ontario. Ontario has exclusive jurisdiction with respect to any disputes arising pursuant to this Agreement. 
  

	18.	Confidentiality 

 The Company’s
promises and obligations under this Agreement are conditional upon your promise, made by your signing this Agreement, and your compliance with your promise, to keep all information acquired by you or disclosed to you regarding the business of the
company strictly confidential, and that you will not engage in any conduct or make any statements which may impair the reputation or which may be otherwise detrimental to the company. The provisions of this paragraph are an essential condition of
the Agreement. You will also confirm that you will be bound by the terms of your Confidentiality and Non-solicitation Agreement. 
 As further
condition of this Agreement you agree not to disclose, either directly or indirectly, any information whatsoever regarding the substance of this Agreement. This includes current and former employees of the company and all other members of the
public, including the media, but does not include your spouse or any person from whom you obtain legal of financial advice, provided they are prepared to accept the same restriction on disclosure. 
 Please read this letter Agreement and carefully consider all of its provisions before signing it. This Agreement contains a release of all known and unknown
claims, including those under federal, provincial and local laws prohibiting discrimination in employment. 
 This proposal is conditional upon
your signing and dating a copy of this letter and returning to HR Services by 5 business days from your notification date. You should feel free to obtain any advice that you require to consider this proposal. 
 Very truly yours, 
  

	
	OPEN TEXT CORPORATION
	
	

	Tony Preston
	SVP, Global Human Resources

 I have read, understand and agree to the options presented to me in the above proposal. 

 

							
	Accepted:	 	  
	 	Date:	 	  

		 	Kirk Roberts	 		 	
				
	Witness:	 	  
	 	Name:	 	  

		 	Signature	 		 	Printed

 Attached: Exhibit A 

 EXHIBIT A 
 GENERAL RELEASE 
 (To be signed no earlier than five (5) days prior
to Last Day Worked) 
 You acknowledge that you, together with each of your present and former heirs, executors, successors and assigns, as
the case may be, do hereby remise, release and forever discharge OPEN TEXT together with each of its respective administrators, representatives, shareholders, subsidiaries, controlled, related or affiliated corporations, successors, officers,
directors, agents, employees, associates and assigns as the case may be, of and from all actions, causes of action, suits, debts, dues, accounts, contracts, covenants, claims and demands, including claims or complaints pursuant to the Employment
Standards Act, 2000, S.O. 2000, as amended, whatsoever which you and your respective present and former heirs, executors, beneficiaries, successors and assigns, or any of them, have had, or now has in respect of any matter or thing whatsoever
existing up to the present time, wheher in law or in equity, whether real or contingent, whether liquidated or unliquidated, and particularly, without in any way whatsoever limiting the generality of the foregoing, of and from all claims and demands
of every nature and kind relating to your employment with the Company and the cessation of that employment. 
 In consideration of OPEN TEXT
honouring and completing each of its obligations; set out in the termination letter dated December 4, 2009, attached as Exhibit “A” hereto; and set out in the Consulting Letter Agreement also dated December 4, 2009, attached as
Exhibit “B” hereto (establishes A & B together being “the Agreement”) 
 You agree not to make any claim or commence or
maintain any action or proceeding against any person or corporation in which any claims may arise against Open Text. 
 This release shall not
constitute a bar to any proceedings which may be taken by either party to enforce any of the terms of “the Agreement”. 
 You agree to
save harmless and indemnify Open Text from and against all claims, charges, taxes, penalties or demands which may be made by the Minister of National Revenue requiring Open Text to pay income tax, charges, taxes or penalties under the Income Tax Act
(Canada) in respect of income tax payable by you in excess of income tax previously withheld; and in respect of any and all claims, charges, taxes or penalties and demands which may be made on behalf of or related to the Unemployment Insurance
Commissions and the Canada Pension Commission under the applicable statutes and regulations with respect to any amounts which may in the future be found to be payable by you, and which the Company is required to pay. 
 You agree that you had the opportunity to obtain independent legal advice with respect to the terms of settlement as well as this document and that you
fully understand them. You voluntarily accept the terms of settlement for the purpose of making full and final compromise of all matters between you and the Company. 
 You agree that nothing herein shall be deemed to be an admission of liability on the part of Open Text and such liability is in fact denied. 
 You acknowledge that your severance payments as outlined in the Agreement are conditional upon you signing this General Release and returning it to the Company no earlier than five (5) days prior to
your Last Day Worked. 

							
	Accepted:	 	  
	 	Date:	 	  

		 	Kirk Roberts	 		 	
				
	Witness:	 	  
	 	Name:	 	  

		 	Signature	 		 	PrintedForm of Notice of FY10 Target Incentive Bonus Award

 Exhibit 10(a) 
 

 
 TO: [Executive Name] 
 [Notification Date] 
 NOTICE OF FY10 
 TARGET INCENTIVE BONUS AWARD 
 On [HRCC Approval Date], the Human Resources and Compensation Committee of the Board of Directors (“Committee”) of Parker-Hannifin Corporation (“Company”) granted you a Target
Incentive Bonus Award (“Award”) in the target amount of $[Target Award] (“Target Amount”). Your Award is subject to the following terms and conditions: 
 1. Your payout under this Award will be based upon the Company’s actual operating cash flow less capital expenditures (free cash flow)
expressed as a percent of the Company’s sales (“FCF Margin”) for fiscal year [Fiscal Year] (“Performance Period”). Discretionary pension contributions by the Company are not included in the calculation of the FCF Margin. You
will receive a payout equal to 100% of your Target Amount if the Company achieves an FCF Margin of 6.5% for the Performance Period. If the Company’s FCF Margin is above or below 6.5% for the Performance Period, your payout will be a percentage
of the Target Amount or the interpolated percentage between percentages in the table below. The minimum threshold for any payout under the Award is 4% FCF Margin during the Performance Period and the maximum is 9% FCF Margin. 
  

																												
	 FY[        ]
 FCF Margin:
	  	< 4.00	% 	 	4.00	% 	 	4.83	% 	 	5.67	% 	 	6.50	% 	 	7.13	% 	 	7.75	% 	 	8.38	% 	 	> 9.00	% 
	 Payout %:
	  	0	% 	 	25	% 	 	50	% 	 	75	% 	 	100	% 	 	125	% 	 	150	% 	 	175	% 	 	200	% 

 2. The payout earned under the Award will be paid to you in installments in March,
June and August of [Fiscal Year]. 
 3. If you voluntarily terminate your employment (except retirement), or your employment is
terminated for cause, you will forfeit your Award. If your employment is terminated for any other reason, such as death, disability or retirement, during the Performance Period or you otherwise have not served in an eligible position during the full
Performance Period, you will be entitled to receive a prorated payout based on the number of full months served during the Performance Period. 
  

 1 

 4. Your payout will be paid in cash, or you may elect to receive the Payout in the form of a
credit to your Executive Deferral Plan (“EDP”) account in accordance with the terms of the EDP and rules established by the Committee or the Company, as the case may be, by filing a timely election under the EDP. 
 5. Your payout will be made following certification of the calculation of the FCF Margin by the Committee at the end of the Performance
Period. The Committee may reduce your payout in its sole discretion. 
 Please acknowledge receipt of the Award, and indicate
your agreement with the terms hereof, by signing and returning a copy to me as soon as possible. 
 Sincerely yours, 
  

	
	
	  
	 Thomas A. Piraino, Jr.
 Vice
President, General Counsel and Secretary

  

							
	Receipt Acknowledged and Agreed:	 		 	
				
	 	 		 	Date: 	 	 
	[Executive Name]	 		 		 	

  

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