Document:

STOCKHOLDER AGREEMENT

 Exhibit 10.1 
 Execution Copy 
 STOCKHOLDER AGREEMENT 
 STOCKHOLDER AGREEMENT, dated as of August 13, 2007 (this “Agreement”), among the stockholders listed on the signature page(s) hereto
(collectively, “Stockholders” and each individually, a “Stockholder”), Gensym Corporation, a Delaware corporation (the “Company”) and Versata Enterprises, Inc., a Delaware corporation (“Parent”). Capitalized
terms used and not otherwise defined herein shall have the respective meanings assigned to them in the Merger Agreement referred to below. 
 WHEREAS, as of the date hereof, the Stockholders collectively own of record and beneficially shares of capital stock of the Company, as set forth on Schedule I hereto (such shares, or any other voting or equity of securities of the Company
hereafter acquired by any Stockholder prior to the termination of this Agreement, being referred to herein collectively as the “Shares”); 
 WHEREAS, concurrently with the execution of this Agreement, Parent and the Company are entering into an Agreement and Plan of Merger, dated as of the date hereof (the “Merger Agreement”), pursuant to which, upon the terms and
subject to the conditions thereof, a subsidiary of Parent will be merged with and into the Company, and the Company will be the surviving corporation (the “Merger”); and 
 WHEREAS, as a condition to the willingness of Parent to enter into the Merger Agreement, Parent has required that the Stockholders agree, and in order to
induce Parent to enter into the Merger Agreement, the Stockholders are willing to enter into this Agreement. 
 NOW, THEREFORE, in
consideration of the foregoing and the mutual covenants and agreements contained herein, and intending to be legally bound hereby, the parties hereby agree, severally and not jointly, as follows: 
 Section 1. Voting of Shares. 
 (a) Each Stockholder covenants and agrees that until the termination of this Agreement in accordance with the terms hereof, at the Company Meeting or any other meeting of the stockholders of the Company, however called, and in any action by
written consent of the stockholders of the Company, such Stockholder will vote, or cause to be voted, all of his, her or its respective Shares (i) in favor of adoption of the Merger Agreement and approval of the Merger contemplated by the
Merger Agreement, as the Merger Agreement may be modified or amended from time to time in a manner not adverse to the Stockholders, (ii) against any merger agreement or merger (other than the Merger Agreement and the Merger), consolidation,
combination, sale of substantial assets, reorganization, recapitalization, dissolution, liquidation or winding up of or by the Company or any other proposal, offer or agreement concerning any merger, reorganization, consolidation, recapitalization,
business combination, liquidation, share exchange, sale of stock, sale of material assets or similar business transaction involving the Company, any subsidiary of the Company or any division of the Company and (iii) against any other action,
agreement or transaction submitted for the vote or written consent of Stockholders that would reasonably be expected to impede, interfere with, delay, postpone, discourage, frustrate the purposes of or adversely affect the Merger or the other
transactions contemplated by the Merger Agreement or this Agreement or the performance by the Company of its obligations under the Merger Agreement or by such Stockholder of its obligations under this Agreement. 

 (b) Each Stockholder hereby irrevocably grants to, and appoints, Parent, and any individual designated in
writing by it, and each of them individually, as its proxy and attorney-in-fact (with full power of substitution), for and in its name, place and stead, to vote his, her or its Shares at any meeting of the stockholders of the Company called with
respect to any of the matters specified in, and in accordance and consistent with this Section 1. Each Stockholder understands and acknowledges that Parent is entering into the Merger Agreement in reliance upon the Stockholder’s execution
and delivery of this Agreement. Each Stockholder hereby affirms that the irrevocable proxy set forth in this Section 1(b) is given in connection with the execution of the Merger Agreement, and that such irrevocable proxy is given to secure the
performance of the duties of such Stockholder under this Agreement. Except as otherwise provided for herein, each Stockholder hereby (i) affirms that the irrevocable proxy is coupled with an interest and may under no circumstances be revoked,
(ii) ratifies and confirms all that the proxies appointed hereunder may lawfully do or cause to be done by virtue hereof and (iii) affirms that such irrevocable proxy is executed and intended to be irrevocable in accordance with the
provisions of Section 212(e) of the Delaware General Corporation Law. Notwithstanding any other provisions of this Agreement, the irrevocable proxy granted hereunder shall automatically terminate upon the termination of this Agreement.

 (c) Each Stockholder covenants and agrees that until the termination of this Agreement in accordance with the terms hereof, at the Company
Meeting or any other meeting of the stockholders of the Company, however called, and in any action by written consent of the stockholders of the Company, such Stockholder shall appear at each such meeting or otherwise cause the Shares as to which
such Stockholder controls the right to vote to be counted as present thereat for purposes of calculating a quorum. 
 (d) The obligations of
each Stockholder specified in this Section 1 shall, subject to Section 6, apply whether or not the Merger or any action described above is recommended by the Board of Directors of the Company. 
 Section 2. Transfer of Shares. Each Stockholder covenants and agrees that such Stockholder will not directly or indirectly (i) sell,
assign, transfer (including by merger, testamentary disposition, interspousal disposition pursuant to a domestic relations proceeding or otherwise by operation of law), pledge, encumber or otherwise dispose of any of the Shares, (ii) deposit
any of the Shares into a voting trust or enter into a voting agreement or arrangement with respect to the Shares or grant any proxy or power of attorney with respect thereto which is inconsistent with this Agreement or (iii) enter into any
contract, option or other arrangement or undertaking with respect to the direct or indirect sale, assignment, transfer (including by merger, testamentary disposition, interspousal disposition pursuant to a domestic relations proceeding or otherwise
by operation of law) or other disposition of any Shares. 
 Section 3. Representations and Warranties of the Stockholders. Each
Stockholder on its own behalf hereby severally represents and warrants to Parent with respect to itself and its, his or her ownership of the Shares as follows: 
  

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 (a) Ownership of Shares. The Stockholder beneficially owns all of the Shares as set forth on
Schedule I hereto and has good and marketable title to such Shares, free and clear of any claims, liens, encumbrances and security interests whatsoever. The Stockholder owns no shares of Common Stock other than the Shares as set forth on Schedule I
hereto. The Stockholder has sole voting power, without restrictions, with respect to all of the Shares. 
 (b) Power, Binding
Agreement. The Stockholder has the legal capacity and all requisite power and authority to enter into and perform all of its obligations, under this Agreement. This Agreement has been duly and validly executed and delivered by the Stockholder
and constitutes a valid and binding obligation of the Stockholder, enforceable against the Stockholder in accordance with its terms. 
 (c)
No Conflicts. The execution and delivery of this Agreement do not, and the consummation of the transactions contemplated hereby will not, conflict with or result in any violation of, or default (with or without notice or lapse of time, or
both) under, or give rise to a right of termination, cancellation or acceleration of any obligation or to loss of a material benefit under, any provision of any loan or credit agreement, note, bond, mortgage, indenture, lease, or other agreement,
instrument, permit, concession, franchise, license, judgment, order, decree, statute, law, ordinance, rule or regulation applicable to the Stockholder, the Shares or any of the Stockholder’s properties or assets. Except as expressly
contemplated hereby, the Stockholder is not a party to, and the Shares are not subject to or bound in any manner by, any contract or agreement relating to the Shares, including without limitation, any voting agreement, option agreement, purchase
agreement, stockholders’ agreement, partnership agreement or voting trust. Except for any informational filings with the Securities and Exchange Commission, no consent, approval, order or authorization of, or registration, declaration or filing
with, any court, administrative agency or commission or other governmental authority or instrumentality, domestic, foreign or supranational, is required by or with respect to the Stockholder in connection with the execution and delivery of this
Agreement or the consummation by the Stockholder of the transactions contemplated hereby. 
 Section 4. No Solicitation. Prior to
the termination of this Agreement in accordance with its terms, each Stockholder agrees, in its individual capacity as a stockholder of the Company, that (i) it will not, nor will it authorize or permit any of its employees, agents and
representatives to, directly or indirectly, (a) initiate, solicit or encourage any inquiries or the making of any Acquisition Proposal, (b) enter into any agreement with respect to any Acquisition Proposal, or (c) participate in any
discussions or negotiations regarding, or furnish to any person any information with respect to, or take any other action to facilitate any inquiries or the making of any proposal that constitutes, or may reasonably be expected to lead to, any
Acquisition Proposal, and (ii) it will notify Parent as soon as possible if any such inquiries or proposals are received by, any information or documents is requested from, or any negotiations or discussions are sought to be initiated or
continued with, it or any of its affiliates in its individual capacity. 
 Section 5. Stock Dividends, etc. In the event of a
stock split, stock dividend or distribution, or any change in the common stock by reason of any split-up, reverse stock split, recapitalization, combination, reclassification, exchange of shares or the like, the term “Shares” shall be
deemed to refer to and include such shares as well as all such stock dividends and 

  

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distributions and any securities into which or for which any or all of such shares may be changed or exchanged or which are received in such transaction;
provided that the foregoing shall not prevent the conversion of any of the Shares into the right to receive Merger Consideration pursuant to the Merger in accordance with the terms of the Merger Agreement. 
 Section 6. Termination. This Agreement shall terminate upon the earlier to occur of (i) the Effective Time or (ii) any termination
of the Merger Agreement in accordance with the terms thereof; provided that no such termination shall relieve any party of liability for a willful breach hereof prior to termination. 
 Section 7. Specific Performance. The parties hereto agree that irreparable damage would occur in the event any provision of this Agreement
was not performed in accordance with the terms hereof and that the parties shall be entitled to specific performance of the terms hereof, in addition to any other remedy at law or in equity. 
 Section 8. Fiduciary Duties. Each Stockholder is signing this Agreement solely in such Stockholder’s capacity as an owner of his, her or
its respective Shares, and nothing herein shall prohibit, prevent or preclude such Stockholder from taking or not taking any action in his or her capacity as an officer or director of the Company, to the extent permitted by the Merger Agreement.

 Section 9. Consent and Waiver. Each Stockholder hereby gives any consents or waivers that are reasonably required for the
consummation of the Merger under the terms of any agreement to which such Stockholder is a party or pursuant to any rights such Stockholder may have in its capacity as a Stockholder of the Company. 
 Section 10. Waiver of Appraisal Rights. To the fullest extent permitted by applicable law, each Stockholder hereby waives any rights of
appraisal or rights to dissent from the Merger that it may have under applicable law. 
 Section 11. Miscellaneous. 

(a) Entire Agreement. This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and
supersedes all prior agreements and understandings, both written and oral, between the parties with respect thereto. This Agreement may not be amended, modified or rescinded except by an instrument in writing signed by each of the parties hereto.

 (b) Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any rule
of law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the
parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible to the fullest extent permitted by applicable law in a mutually acceptable manner in order that the terms
of this Agreement remain as originally contemplated to the fullest extent possible. 
  

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 (c) Governing Law. This Agreement shall be governed by and construed in accordance with the laws
of the State of Delaware without regard to the principles of conflicts of law thereof. 
 (d) Counterparts. This Agreement may be
executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. 
 (e) Notices. All notices and other communications hereunder shall be in writing and shall be deemed duly delivered (i) three business days after being sent by registered or certified mail, return receipt requested, postage
prepaid, or (ii) one business day after being sent for next business day delivery, fees prepaid, via a reputable nationwide overnight courier service, in each case to the intended recipient as set forth below: 
 (i) if to a Stockholder to the address set forth on the respective signature page of this Agreement; 
 (ii) if to the Parent to: 
 Versata
Enterprises, Inc. 
 6011 West Courtyard Drive, Suite 300 
 Austin, TX 78730 
 Attn: Lance A. Jones 
 Telecopy: 512-874-3502 
 with a copy to:

 Haynes and Boone, LLP 
 901
Main Street, Suite 3100 
 Dallas, TX 75202 
 Attn: Dennis R. Cassell 
 Telecopy: 214-200-0788 
 (iii) if to the Company to: 
 Gensym
Corporation 
 52 Second Avenue 
 Burlington, MA 01803 
 Attn: President 
 Telecopy: (781) 265-7101 
 with a copy to: 
 Wilmer Cutler Pickering Hale and Dorr LLP 
 60 State Street 
 Boston, MA 02109 
 Attn: David Westenberg, Esq. 
          Edward Young, Esq.

 Telecopy: (617) 526-6000 
  

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 (f) No Third Party Beneficiaries. This Agreement is not intended, and shall not be deemed, to
confer any rights or remedies upon any person other than the parties hereto and their respective successors and permitted assigns, to create any agreement of employment with any person or to otherwise create any third-party beneficiary hereto.

 (g) Assignment. Neither this Agreement nor any of the rights, interests or obligations under this Agreement may be assigned or
delegated, in whole or in part, by operation of law or otherwise by any of the parties hereto without the prior written consent of the other parties, and any such assignment without such prior written consent shall be null and void, except that the
Parent may assign this Agreement to any direct or indirect wholly owned subsidiary of the Parent without the consent of the Company or the Stockholder, provided that the Parent shall remain liable for all of its obligations under this Agreement.
Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of, and be enforceable by, the parties hereto and their respective successors and permitted assigns. 
 (h) Interpretation. When reference is made in this Agreement to a Section, such reference shall be to a Section of this Agreement, unless
otherwise indicated. The headings contained in this Agreement are for convenience of reference only and shall not affect in any way the meaning or interpretation of this Agreement. The language used in this Agreement shall be deemed to be the
language chosen by the parties hereto to express their mutual intent, and no rule of strict construction shall be applied against any party. Whenever the context may require, any pronouns used in this Agreement shall include the corresponding
masculine, feminine or neuter forms, and the singular form of nouns and pronouns shall include the plural, and vice versa. Any reference to any federal, state, local or foreign statute or law shall be deemed also to refer to all rules and
regulations promulgated thereunder, unless the context requires otherwise. Whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words
“without limitation.” No summary of this Agreement prepared by the parties shall affect in any way the meaning or interpretation of this Agreement. 
 (i) Submission to Jurisdiction. Each of the parties to this Agreement (i) consents to submit itself to the personal jurisdiction of any state or federal court sitting in the State of Delaware in any action
or proceeding arising out of or relating to this Agreement or any of the transactions contemplated by this Agreement, (ii) agrees that all claims in respect of such action or proceeding may be heard and determined in any such court,
(iii) agrees that it will not attempt to deny or defeat such personal jurisdiction by motion or other request for leave from any such court and (iv) agrees not to bring any action or proceeding arising out of or relating to this Agreement
or any of the transactions contemplated by this Agreement in any other court. Each of the parties hereto waives any defense of inconvenient forum to the maintenance of any action or proceeding so brought and waives any bond, surety or other security
that might be required of any other party with respect thereto. Any party hereto may make service on another party by sending or delivering a copy of the process to the party to be served at the address and in the manner provided for the giving of
notices in Section 11(e). Nothing in this Section, however, shall affect the right of any party to serve legal process in any other manner permitted by law. 
  

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 (j) WAIVER OF JURY TRIAL. EACH OF THE PARENT, THE COMPANY AND EACH STOCKHOLDER HEREBY IRREVOCABLY
WAIVES ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THE ACTIONS OF THE PARENT, THE
COMPANY OR EACH STOCKHOLDER IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE AND ENFORCEMENT OF THIS AGREEMENT. 
 [Signature Page to follow]

  

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 IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to be signed individually or by
its respective duly authorized officer as of the date first written above. 
  

			
	GENSYM CORPORATION
		
	By:	 	 /s/ Robert B. Ashton

	Name:	 	Robert B. Ashton
	Title:	 	President and Chief Executive Officer
	
	VERSATA ENTERPRISES, INC.
		
	By:	 	 /s/ Sean Fallon

	Name:	 	Sean Fallon
	Title:	 	Vice President of Finance and Chief Financial Officer

 [Signature Page to Stockholder Agreement] 

	
	STOCKHOLDERS:
	
	 /s/ Robert B. Ashton

	Robert B. Ashton
	  

	Address
	  

	Address
	
	 /s/ John A. Shane

	John A. Shane
	  

	Address
	  

	Address
	
	 /s/ David A. Smith

	David A. Smith
	  

	Address
	  

	Address
	
	 /s/ Thomas E. Swithenbank

	Thomas E. Swithenbank
	  

	Address
	  

	Address

 [Signature Page to Stockholder Agreement] 

 Schedule I 
  

			
	 Stockholder
	  	 Number of Shares of
 Common Stock Owned

	 Robert A. Ashton
	  	1,310,311
	 John A. Shane
	  	47,875
	 David A. Smith
	  	13,171
	 Thomas E. Swithenbank
	  	20,286Employment Agreement

 EXHIBIT 10.17 
 EMPLOYMENT AGREEMENT 
 This Employment Agreement (this “Agreement”), by and between Saba
Software, Inc., a Delaware corporation (the “Company”), and Michael Martini (“Executive”), is effective as of July 9, 2007 (the “Effective Date”). 
 RECITALS 
 A. The Company desires to employ Executive and Executive
desires to accept such employment on the terms and conditions set forth in this Agreement. 
 AGREEMENT 
 NOW, THEREFORE, based on the foregoing recitals and in consideration of the commitments set forth below, Executive and the Company agree as follows:

 1. Term, Position, Duties and Responsibilities 
 1.1. Term. The Company hereby employs Executive to render services to the Company, reporting directly to the Chief Executive Officer of the Company, for the period commencing on the Effective Date and ending on
the date Executive’s employment is terminated under this Agreement (the “Term”). Commencing on July 12, 2007, Executive shall serve in the position of Chief Financial Officer of the Company. The Company and Executive hereby
acknowledge that either of them may terminate Executive’s term of Employment for any reason or no reason at al1. 
 1.2.
Position. The duties of this position shall include such duties and responsibilities as are reasonably assigned to Executive by the Chief Executive Officer, including but not limited to those customarily perform by chief financial
officers of similarly situated corporations. Executive agrees to serve in a similar capacity for the benefit of any of the Company’s direct or indirect, wholly-owned or partially-owned subsidiaries or affiliates. Additional1y, Executive shall
serve in such other capacity or capacities as the Chief Executive Officer may from time to time prescribe. During his employment by the Company, Executive” shall, subject to Section 1.3, devote his full energies, interest, abilities and
productive time to the proper and efficient performance of his duties under this Agreement. 
 1.3. Other Activities. Except
upon the prior written consent of the Chief Executive Officer of the Company, Executive will not (i) accept any other employment, or (ii) engage, directly or indirectly, in any other business activity (whether or not pursued for pecuniary
advantage) that is or may be in conflict with, or that might place Executive in a conflicting position to that of, the Company. Notwithstanding the foregoing, Executive shall be permitted to engage in occasional professional or charitable activities
outside the scope of his employment with the Company so long as such activities (A) do not conflict with the actual or proposed business of the Company or any of its subsidiaries or affiliates, and (B) do not affect the performance of his
duties hereunder. In addition, subject to the prior written consent of the Chief Executive Officer and the Board of Directors of the Company and subject to Executive’s fiduciary duties to the Company, Executive shall be permitted to serve as a
director of other corporations provided that their businesses are not competitive with the actual or proposed business of the Company or any of its subsidiaries or affiliates and provided further that Executive’s service as a director of such
other corporations does not interfere with his performance of his duties hereunder. Any such prior written consent may be subsequently revoked in the event that the Board of Directors determines, in good faith, that Executive’s position as a
director of any such other corporation has developed into a conflict of interest. 
 1.4. Proprietary Information. Executive
recognizes that his employment with the Company will involve contact with information of substantial value to the Company, which is not generally known in the trade, and which gives the Company an advantage over its competitors who do not know or
use it. Executive is executing and delivering to the Company, concurrently with the execution and delivery to the Company of this Agreement, a copy of the Company’s standard form of Employee Proprietary Information and Inventions Agreement (the
“Employee Proprietary Information and Inventions Agreement”). 

 2 Compensation of Executive 
 2.1. Base Salary. In consideration of the services to be rendered under this Agreement, while employed by the Company, Company shall pay
Executive an initial base annual salary of two hundred sixty thousand dollars ($260,000), less standard deductions and withholdings, payable in regular periodic payments in accordance with Company payroll policy. Such salary shall be prorated for
any partial month of employment on the basis of a 30-day fiscal month. Such base salary shall be subject to usual review by the Board of Directors in consultation with the Chief Executive Office. 
 2.2. Bonus. Executive will be eligible to receive bonuses totaling one hundred forty thousand dollars ($140,000) annually (such annual
amount, the “Target Bonus”), the exact amount of each such bonus to be determined by the Board of Directors in consultation with the Chief Executive Officer based upon Executive achieving certain performance criteria and the Company
achieving specific financial goals, in each case to be determined by the Board of Directors in consultation with the Chief Executive Officer. Any such bonus shall be payable quarterly after the end of each fiscal quarter, and shall be prorated for
partial fiscal quarters. In addition, Executive shall be eligible for such additional bonuses as may be awarded by the Board of Directors in its sole discretion from time to time in consultation with the Chief Executive Officer. 
 2.3. Stock Options. Subject to approval by the Board of Directors, Executive will be granted a stock option to purchase 275,000 shares of
the Company’s Common Stock at the market price in effect the date Board of Directors approves the grant pursuant to the Company’s standard form of Stock Option Agreement to be entered into by and between Executive and the Company (the
“Stock Op on Agreement”). Twenty-five percent (25%) of the shares subject to the stock option will vest on the one (1) year anniversary of the Effective Date and the remaining seventy-five percent of the shares subject to the
stock option will vest in 12 equal quarterly installments with the first installment vesting one quarter after the first anniversary of the Effective Date of this employment agreement. 
 2.4. Benefits. Executive shall be entitled to participate in the Company’s group medical, dental, life insurance, 401(k), deferred
compensation or other benefit plans and programs on the same terms and conditions as other members of the Company’s senior executive management. Executive shall be provided such perquisites of employment, including paid vacation, and all paid
holidays and sick leave as are provided to all other members of the Company’s senior executive management. Executive shall be entitled to reimbursement of all reasonable expenses incurred by Executive in the performance of his duties hereunder,
in accordance with the policies and procedures established by the Company from time to time, and as may be amended from time to time. 
 3. Employment At Will 
 Company or Executive may terminate Executive’s employment with Company at any time for
any reason, including no reason at all, notwithstanding anything to the contrary contained in or arising from any statements, policies, or practices of Company relating to the employment, discipline, or termination of its employees. This at-will
employment relationship cannot be changed except in writing signed by a duly authorized officer of the Company other than Executive. This Section 3 shall survive any termination or expiration of this Agreement. 
 4. Termination of Employment 
 4.1. Termination of Executive. Executive may terminate his employment upon notice to the Company. In the event that Executive elects to terminate his employment other than for Good Reason (as defined below), the Company shall
pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminate. 
 4.2. Termination by the Company for Cause. In the event that the Company terminates Executive’s employment for Cause, the Company
shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually worked and thereafter the Company’s obligations under this Agreement shall terminate. For the
purposes of this Agreement, termination shall be for “Cause” if (i) Executive refuses or fails to act in accordance with any lawful order or instruction of the Chief Executive Officer, and such refusal or failure to act has not been
cured within 30 days of notice of such disobedience, (ii) Executive fails to 

 devote reasonable attention and time during normal business hours to the business affairs of the Company or Executive is
reasonably determined by the Board of Directors to have been unfit (other than as a result of an Incapacity), unavailable for service (other than as a result of an Incapacity) or grossly negligent in connection with the performance of his duties on
behalf of the Company, which unfitness, unavailability or gross negligence has not been cured within 3 days of notice of the same; (iii) Executive is reasonably determined by the Board of Directors to have committed a material act of dishonesty
or willful misconduct or to have acted in bad faith to the material detriment of the Company in connection with the performance of his duties on behalf of the Company; (iv) Executive is convicted of a felony or other crime involving dishonesty,
breach of trust, moral turpitude or physical harm to any person, or (v) Executive materially breaches any agreement with the Company which breach has not been cured within 30 days notice of the same. For purposes of this Agreement, the term
“without Cause” shall mean termination of Executive’s employment for reasons other than for “Cause.” 
 4.3.
Termination by the Company without Cause or Termination by Executive for Good Reason. In the event that the Company terminates Executive’s employment without Cause or Executive terminates his employment for Good Reason, the
Company shall pay Executive all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the last day actually work and Executive shall be entitled to receive the severance payments and benefits set forth
below in this Section 4.3; provided, however, that such severance and benefits are conditioned on Executive’s execution and non-revocation of a release agreement, the form of which is attached hereto as Exhibit A and thereafter the
Company’s obligations under this Agreement shall terminate. For the purposes of this Agreement, termination shall be for “Good Reason” if (i) there is a material diminution of Executive’s reporting responsibilities without
Executive’s consent; (ii) there is a reduction by the Company in Executive’s annual base salary then in effect without Executive’s consent; or (iii) Executive’s principal work location is relocated outside of the San
Francisco Bay Area without Executive’s consent. For purposes of the foregoing, any change in title from Chief Financial Officer to an executive officer that reports to the Company s Chief Executive Officer shall not be deemed a material change
in Executive’s reporting responsibilities. Executive agrees that he may be required to travel from time to time as required by the Company’s business and that such travel shall not constitute grounds for Executive to terminate his
employment for Good Reason. 
 4.3.1. Target Bonus and Base Salary. On the date of the termination of Executive’s
employment, the Company shall pay to Executive, or to Executive’s beneficiaries or estate as appropriate, in a single lump-sum payment, subject to standard deductions and withholdings, Executive’s Target Bonus, as if the applicable
performance criteria and Company financial goals had been achieved completely, pro rated based on the number of days actually elapsed through the date of termination in the year in which such termination occurs. In addition, the Company shall pay to
Executive, or to Executive’s beneficiaries or estate, as appropriate, the sum of (i) an amount equal to that number of months of Executive’s then current base salary equal to the sum of six (6) months plus one month for every
twelve month period Executive has been employed by the Company prior to the date of termination (which sum shall not exceed twelve (12) months) (collectively, the “Severance Months”), and (ii) an amount equal to the product of
(x) the quotient of the number of Severance Months divided by 12, and (y) the Target Bonus amount (the “Bonus Severance Amount”), less all applicable standard deductions and withholdings. Such amounts payable in the preceding
sentence shall be payable either as a lump-sum or in the form of salary continuation (with amounts attributable to the Target Bonus pro rated monthly), whichever the Company shall determine in its sole discretion. 
 4.3.2. Acceleration of Vesting of Stock Option. On the date of termination of Executive’s employment, 100% of the shares subject to
any stock option then held by Executive, including without limitation, the option described in Section 2.3, shall vest and become immediately exercisable. 
 4.3.3. Group Medical Coverage. The Company shall, following the Executive’s timely election, provide the Executive with continued coverage for one year after termination of Executive’s
employment under the Company’s group health insurance plans in effect upon termination of Executive’s employment without Cause or for Good Reason in accordance with the provisions of the Consolidated Omnibus Budget Reconciliation Act of
1985 (“COBRA”), at no cost to Executive. If COBRA or similar benefits are not available by law during any portion of the remainder of such one year period, then the Company shall pay Executive each month during which COBRA or similar
benefits are not available by law an amount equal to the premium paid by Executive for the last month during which such COBRA or similar benefits were available. 

 4.4. Termination for Incapacity. In the event that Executive suffers an Incapacity during
Executive’s employment, the Company may elect to terminate Executive’s employment pursuant to this Section 4.4. In such event, the Company shall pay Executive, or to Executive’s beneficiaries or estate if applicable, all base
salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the date on which an Incapacity is determined to exist (the “Determination Date ‘), less applicable standard deductions and withholdings. In
addition, within ten days of such termination of Executive’s employment, the Company shall pay to Executive, or to Executive’s beneficiaries or estate if applicable, in a single lump-sum payment, subject to applicable standard deductions
and withholdings, an amount equal to the Target Bonus, pro rated based on the number of days through the Determination Date in the year in which such termination occurs, less amounts of the Target Bonus previously paid to Executive for the year in
which such termination occurs. In addition, the Company shall pay to Executive, or to Executive’s beneficiaries or estate, as appropriate, the sum of (i) an amount equal to that number of months of Executive’s then current base salary
equal to the Severance Months and, (ii) the Bonus Severance Amount, less all applicable standard deductions and withholdings and disability payment otherwise payable by or pursuant to plans provided by the Company and actually paid to
Executive. Such amounts payable in the preceding sentence shall be payable either as a lump-sum or in the form of salary continuation (with amounts attributable to the Bonus Severance Amount prorated monthly), whichever the Company shall determine
in its sole discretion. Thereafter the Company’s obligations under this Agreement shall terminate; provided, however, that nothing contained in this Agreement shall limit Executive’s right to payments or other benefits under any long-term
disability plans of the Company in which Executive participates, if any. For the purposes of this Agreement, Executive shall be deemed to have suffered an “Incapacity” if Executive shall, due to illness or mental or physical incapacity, be
unable to perform the duties and responsibilities required to be performed by him on behalf of the Company for a period of at least 180 days. 
 4.5. Termination Upon Death. In the event that Executive dies during Executive’s employment, Executive’s employment shall be deemed to have terminated upon the date of death. In such event, the Company s shall pay
Executive’s estate all base salary due and owing and all other accrued but unpaid benefits (e.g., accrued vacation) through the date of death. In addition, within ten days of such termination of Executive’s employment, the Company shall
pay to Executive’s estate, in a single 1ump-sum payment, subject to applicable standard deductions and withholdings, an amount equal to the Target Bonus, pro rated based on the number of days actually elapsed during the year in which such
termination occurs, less amounts of the Target Bonus previously paid to Executive for the year in which Executive’s death occurs. In addition, the Company shall pay to Executive’s estate the sum of (i) an amount equal to that number
of months of Executive’s then current base salary equal to the Severance Months, and (ii) the Bonus Severance Amount, less all applicable standard deductions and withholdings. Such amounts payable in the preceding sentence shall be payable
either as a lump-sum or in the form of salary continuation (with amounts attributable to the Bonus Severance Amount prorated monthly), whichever the Company shall determine in its sole discretion. Thereafter the Company’s obligations under this
Agreement shall terminate; provided, however, that nothing contained in this Agreement shall limit Executive’s estate’s or beneficiaries’ rights to payments or other benefits under any life insurance plan or policy in which Executive
participates or with respect to which Executive has designated a beneficiary, if any. 
 4.6. Gross-Up Payment. Anything in
this Agreement to the contrary notwithstanding, in the event that it shall be determined that any payment or distribution by the Company to or for the benefit of Executive, ether paid or payable or distributed or distributable pursuant to the terms
of this Agreement or otherwise (the “Payment”), would constitute an “excess parachute payment” within the meaning of Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”), Executive shall be
paid an additional amount (the “Gross-Up Payment”) such that the net amount retained by Executive after deduction of any excise tax imposed under Section 4999 of the Code, and any federal, state and local income and employment tax and
excise tax imposed upon the Gross-Up Payment shall be equal to the Payment. For purposes of determining the amount of the Gross-Up Payment, Executive shall be deemed to pay federal income tax and employment taxes at the highest marginal rate of
federal income and employment taxation in the calendar year in which the Gross-Up Payment is to be made and state and local income taxes at the highest marginal rate of taxation in the state and locality of Executive’s residence (or, if
greater, the state and locality in which Executive is required to file a nonresident income tax return with respect to the Payment) on the date on which Executive’s employment terminates, net of the maximum reduction in federal income taxes
that may be obtained from the deduction of such state and local taxes. 
 4.6.1. All determinations to be made under this Section 4.6
shall be made by a nationally-recognized independent public accountant (the “Accounting Firm”), which firm shall provide its determinations and 

 any supporting calculations both to the Company and Executive within 30 days of each of a Chang of Control and the
termination of Executive’s employment. Any such determination by the Accounting Firm shall be binding upon the Company and Executive. Six months and one day after the termination of Executive’s employment, the Company shall pay (or cause
to be paid) or distribute (or cause to be distributed) to or for the benefit of Executive such amounts as are due to Executive pursuant to this Section 4.6. 
 4.6.2. Executive shall notify the Company in writing of any claim by the Internal Revenue Service or any other taxing authority that, if successful, would require the payment by the Company of the Gross-Up Payment
(taking into account any amounts theretofore already paid by the Company). Such notification shall be given as soon as practicable but no later than ten business days after Executive knows of such claim and shall apprise the Company of the nature of
such claim and the date on which such claim is requested to be paid. Executive shall not pay such claim prior to the expiration of the 30-day period following the date on which he gives such notice to the Company (or such shorter period ending on
the date that any payment of taxes with respect to such claim is due). If the Company notifies Executive in writing prior to the expiration of such period that it desires to contest such claim, Executive shall: 
 (a) give the Company any information reasonably request by the Company relating to such claim; 
 (b) take such action in connection with contesting such claim as the Company shall reasonably request in writing from time to time, including, without
limitation, accepting legal representation with respect to such claim by an attorney reasonably I selected by the Company; 
 (c) cooperate
with the Company in good faith in order to effectively contest such claim; and 
 (d) permit the Company to participate in any proceedings
relating to such claim; 
 provided, however, that the Company shall bear and pay directly all costs and expenses (including additional interest and
penalties) incurred in connection with such contest and shall indemnify and hold Executive harmless, on a after-tax basis, for any excise tax, income tax or employment tax, including interest and penalties, with respect thereto, imposed as a result
of such representation and payment of costs and expenses. Without limiting the foregoing provisions of this Section 4.6.2, the Company shall control all proceedings taken in connection with such contest and, at its sole option, may pursue or
forego any and all administrative appeals, proceedings, hearings and conferences with the taxing authority in respect of such claim and may, at its sole option, either direct Executive to pay the tax claimed and sue for a refund or contest the claim
in any permissible manner, and Executive agrees to prosecute such contest to a determination before any administrative tribunal, in a court of initial jurisdiction and in one or more appellate courts, as the Company shall determine; provided
further, however, that if the Company directs Executive to pay such claim and sue for a refund the Company shall advance the amount of such payment to Executive, on an interest-free basis and shall indemnify and hold Executive harmless, on an
after-tax basis, from any excise tax, income tax or employment tax, including interest or penalties with respect thereto, imposed with respect to such advance or with respect to any imputed income with respect to such advance; and provided further
that any extension of the statute of limitations relating to payment of taxes for the taxable year of Executive with respect to which such contested amount is claim to be due is limited solely to such contested amount. Furthermore, the
Company’s control of the contest shall be limited to issues with respect to which a Gross-Up Payment would be payable hereunder and Executive shall be entitled to settle or contest, as the case may be, any other issue raised by the Internal
Revenue Service or any other taxing authority. 
 4.6.3. If, after the receipt by Executive of an amount advanced by the Company pursuant to
this Section 4.6, Executive becomes entitled to receive any refund with respect to such claim, Executive shall promptly pay to the Company the amount of such refund (together with any interest paid or credited thereon after taxes applicable
thereto). If, after the receipt by Executive of an amount advanced by the Company pursuant to this Section 4.6, a determination is made that Executive shall not be entitled to any refund with respect to such claim and the Company does not
notify Executive in writing of its intent to contest such denial of refund prior to the expiration of 30 days after such determination, then such advance shall be forgiven and shall not be required to be repaid and the amount of such advance shall
offset, to the extent thereof, the amount of Gross-Up Payment required to be paid. 

 4.6.4. All of the fees and expenses of the Accounting Firm in performing determinations referred to in
subsections 4.6.1 and 4.6.2 above shall be borne solely by the Company. 
 4.7. No Other Compensation or Benefits. Executive
acknowledges that except as expressly provided in this Agreement, he will not be entitled to any additional compensation, severance payments or benefit after the termination of his employment. 
 5. Termination Obligations 
 5.1. Return of Company’s Property. Without in any way limiting Executive’s obligations and the Company’s rights under the Employee Proprietary Information and Inventions Agreement described in Section 1.4,
Executive hereby acknowledges and agrees that all books, manuals, records, reports, notes, contracts, lists, spreadsheets and other documents or materials, or copies thereof, and equipment furnished to or prepared by Executive in the course of or
incident to Executive’s employment, belong to Company and shall be promptly returned to Company upon termination of Executive’s employment. 
 5.2. Activities. In the event Executive’s employment is terminated without Cause or due to Executive’s Incapacity or Executive terminates his employment for Good Reason, in exchange for the
payments by Company pursuant to Section 4.3 and 4.4 hereof, Executive agrees that for a period of one (1) year after termination of Executive’s employment, Executive shall not, directly or indirectly on Executive’s behalf or as
an officer, director, consultant, partner, owner, stockholder or employee of any partnership, corporation or other entity: (a) solicit for employment, employ or otherwise seek to retain, or retain the services of, any employee, officer,
director or consultant of the Company, or solicit or otherwise induce any person to terminate his or her employment or other relationship with the Company; or (b) engage in any activity, in those states within the United States and those
countries outside the United States in which the Company or any of its subsidiaries then conducts any business, where such activity is similar to and competitive with the activities carried on by the Company or any of its subsidiaries. Executive
acknowledges that the nature of the Company’s activities is such that competitive activities could be conducted effectively regardless of the geographic distance between the Company’s place of business and the place of any competitive
business. 
 5.3. Resignation. Upon the termination of Executive’s employment for any reason, Executive shall be deemed to
have resigned from all offices and directorships then held with the Company or any of its subsidiaries or affiliates. Executive agrees to execute and deliver such documents or instruments as are reasonably requested by the Company or any such
subsidiary or affiliate to evidence such resignations. 
 5.4. Survival. The representations and warranties contained herein
and Executive’s obligations under Sections 5 and 6 and under the Employee Proprietary Information and Inventions Agreement shall survive termination of Executive’s employment and the expiration of this Agreement. 
 6. Arbitration. 
 6.1. Agreement
to Arbitrate Claims. The Company and Executive hereby agree that, to the fullest extent permitted by law, any and all claims or controversies between them (or between Executive and any present or former officer, director, agent, or employee
of the Company or any parent, subsidiary, or other entity affiliated with the Company) relating in any manner to the employment or the termination of employment of Executive shall be resolved by final and binding arbitration. except as specifically
provided herein, any arbitration proceeding shall be conducted in accordance with the National Rules for the Resolution of Employment Disputes of the American Arbitration Association (“the AAA Rules”). Claims subject to arbitration shall
include contract claims, tort claims, claims relating to compensation and stock options, as well as claims based on any federal, state, or local law, statute, or regulation, including but not limited to any claims arising under Title VII of the
Civil Rights Act of 1964, the Age Discrimination in Employment Act, the Americans with Disabilities Act, and the California Fair Employment and Housing Act. However, claims for unemployment compensation, workers’ compensation, and claims under
the National Labor Relations Act shall not be subject to arbitration. 
 6.2. Arbitrator. A neutral and impartial arbitrator
shall be chosen by mutual agreement of Executive and the Company; however, if Executive and the Company are unable to agree upon an arbitrator within a reasonable 

 period of time, then a neutral and impartial arbitrator shall be appointed in accordance with the arbitrator nomination
and selection procedure set forth in the AAA Rules. The arbitrator shall prepare a written decision containing the essential findings and conclusions on which the award is based so as to ensure meaningful judicial review of the decision. The
arbitrator shall apply the same substantive law, with the same statutes of limitations and same remedies, that would apply if the claims were brought in a court of law. The arbitrator shall have the authority to consider and decide pre-hearing
motions, including dispositive motions. 
 6.3. Enforcement Actions. Either the Company or Executive may bring an action in
court to compel arbitration under this Agreement and to enforce an arbitration award. Except as otherwise provided in this Agreement, neither party shall initiate or prosecute any lawsuit in any way related to any arbitrable claim, including without
limitation any claim as to the making, existence, validity, or enforceability of the agreement to arbitrate. All arbitration hearings under this Agreement shall be conducted in San Francisco, California. 
 6.4. Exceptions. Nothing in this Agreement precludes a party from filing an administrative charge before an agency that has jurisdiction
over an arbitrable claim. In addition, either party may, at its option, seek injunctive relief in a court of competent jurisdiction for any claim or controversy arising out of or related to the unauthorized use, disclosure, or misappropriation of
the confidential and/or proprietary information of either party. By way of example, the Company may choose to use the court system to seek injunctive relief to prevent disclosure of its proprietary information or e secrets; similarly, Executive may
elect to use the court system to seek injunctive relief to protect Executive’s own inventions or trade secrets. 
 6.5. Governing
Law. In ruling on procedural and substantive issues raised in arbitration, the Arbitrator shall in all cases apply the substantive law of the State of California. 
 6.6. Attorneys’ Fees. Each party shall pay its own costs and attorney’s fees, unless a party prevails on a statutory claim, and the statute provides that the prevailing party is entitled to
payment of its attorneys’ fees. In that case, the arbitrator may award reasonable attorneys’ fees and costs to the prevailing party as provided by law. The costs and fees of the arbitrator shall be borne equally by Executive and the
Company, unless otherwise required by law. 
 6.7. Survival. The parties obligations under this Section 6 shall survive
the termination of Executive’s employment with the Company and the expiration of this Agreement. 
 6.8. Acknowledgements.
THE PARTIES UNDERSTAND AND AGREE THAT THIS SECTION 6 CONSTITUTES WAIVER OF THEIR RIGHT TO A TRIAL BY JURY OF ANY CLAIMS OR CONTROVE IES COVERED BY THIS SECTION 6. THE PARTIES AGREE THAT NONE OF THOSE CLAIMS OR CONTROVERSIES SHALL BE RESOLVED BY A
JURY TRIAL. THE PARTIES FURTHER ACKNOWLEDGE THAT THEY HAVE BEEN GIVEN THE OPPORTUNITY TO DISCUSS THIS SECTION 6 WITH THEIR LEGAL COUNSEL AND HAVE AVAILED THEMSELVES OF THAT OPPORTUNITY TO THE EXTENT THEY WISH TO DO SO. 
 7. Expiration of Term  
 The terms of
this Agreement are intended by the parties to govern Executive’s employment with the Company during Executive’s employment. Upon termination of Executive’s employment, this Agreement shall terminate and be of no further force or
effect, except to the extent of provisions hereof which expressly survive the expiration or termination of this Agreement. 
 8.
Amendments, Waivers  
 This Agreement may not be modified, amended, or terminated except by an instrument in writing, signed by
Executive and by a duly authorized representative of the Company other than Executive. No failure to exercise and no delay in exercising any right, remedy, or power under this Agreement shall operate as a waiver thereof, nor shall any single or
partial exercise of any right, remedy, or power under this Agreement preclude any other or further exercise thereof, or the exercise of any other right, remedy, or power provided herein or by law or in equity. 

 Notwithstanding the foregoing, Executive acknowledges that the Company, in the exercise of its sole
discretion and without the consent of Executive, may amend or modify this Agreement to delay the payment of any severance or other benefits payable pursuant to this Agreement to the minimum extent necessary to meet the requirements of
Section 409A of the Internal Revenue Code as amplified by any Internal Revenue Service or U.S. Treasury Department guidance as the Company deems appropriate or advisable. 
 9. Assignment; Successors and Assigns  
 Executive agrees that Executive may not assign, sell, transfer, delegate or otherwise dispose of, whether voluntarily or involuntarily, or by operation of law, any rights or obligations under this Agreement, nor shall Executive’s
rights be subject to encumbrance or the claims of creditors. Any purported assignment, transfer, or delegation shall be null and void. Nothing in this Agreement shall prevent the consolidation of the Company with, or its merger into, any other
corporation, or the sale by the Company of all or substantially all of its properties or assets, or the assignment by the Company of this Agreement and the performance of its obligations hereunder to any successor in interest. 
 10. Entire Agreement; Severability; Enforcement  
 This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof and supersedes in its entirety all prior undertakings and agreements of the Company and Executive with respect
to the subject matter hereof; provided, however, that to the extent of any conflict between the provisions of this Agreement, on the one hand, and either the Employee Proprietary Information and Inventions Agreement, on the other hand, the
provisions of such Employee Proprietary Information a d Inventions Agreement or Stock Option Agreement shall govern. If any provision of this Agreement, or the application thereof to any person, place, or circumstance, shall be held by a court of
competent jurisdiction to be invalid, unenforceable, or void, the remainder of this Agreement and such provisions as applied to other persons, places, and circumstances shall remain in full force and effect. Such court shall have the authority to
modify or replace the invalid or enforceable term or provision with one which most accurately represents the parties’ intention with respect to the invalid or unenforceable term or provision. 
 11. Governing Law  
 The validity,
interpretation, enforceability, and performance of this Agreement shall be governed by and construed in accordance with the law of the State of California. 
 12. Acknowledgment  
 The parties acknowledge (a) that they have consulted with or have had the
opportunity to consult with independent counsel of their on choice concerning this Agreement, and (b) that they have read and understand the Agreement, are fully aware of its legal effect, and have entered into it freely based on their own
judgment and not on any representations or promises other than those contained in this Agreement. 
 13. Compliance with Section 409A
of the Internal Revenue Code of 1986, as amended 
 This Agreement is intended to comply with Section 409A of the Code (or any
regulations or rulings thereunder), and shall be construed and interpreted in accordance with such intent. Notwithstanding anything to the contrary in this Agreement, the Company shall have the authority and the obligation to delay the payment of
any amounts or the provision of any benefits under this Agreement 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, amounts or the provision of any benefits under this Agreement to which Executive would otherwise be entitled during the six (6) month period following Executive’s termination of employment will be
paid on the first business day following the expiration of such six (6) month period. Any provision of this Agreement that would cause the payment of any benefit to fail to satisfy Section 409A of the Code shall have no force and effect
until amended to comply with Code Section 409A (which amendment may be retroactive to the extent permitted by the Code or any regulations or rulings thereunder). 

 14. Notices  
 All notices or demands of any kind required or permitted to be given by the Company or Executive under this Agreement shall be given in writing and shall be personally delivered (and receipted for) or mailed by
certified mail, return receipt requested, postage prepaid, addressed as follows: 

			
	 If to Company:
	  	Saba Software, Inc.
		  	Attn: Chief Executive Officer
		  	2400 Bridge Parkway
		  	 Redwood Shores, CA 94065
  

	 If to Executive:
	  	Michael Martini
		  	Saba Software, Inc.
		  	2400 Bridge Parkway
		  	Redwood Shores, CA 94065

 Any such written notice shall be deemed received when personally delivered or three days after its deposit in the
United States mail as specified above. Either party may change its address for notices by giving notice to the other party in he name specified in this section. 
 15. Representations and Warranties 
 Executive represents and warrants that he is not restricted or
prohibited, contractually or otherwise, from entering into and performing each of the terms and covenants contained in this Agreement, and that his execution and performance of this Agreement will not violate or breach any other agreements between
Executive and any other person or entity. 
 16. Counterparts  
 This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, all of which together shall contribute one and the
same instrument. 
 IN WITNESS WHEREOF, each of the undersigned has executed this Agreement as of the date first set forth above. 

 

							
	SABA SOFTWARE, INC.	 		 	MICHAEL MARTINI
				
	 By:
	 	 /s/ BOBBY YAZDANI
	 		 	 /s/ MICHAEL MARTINI

		 	Bobby Yazdani, Chief Executive Officer	 		 	Michael Martini

 EXHIBIT A 
 RELEASE AND WAIVER OF CLAIMS 
 In exchange for the severance payments and other benefits to which I would not
otherwise be entitled, I hereby furnish Saba Software, Inc. and each of its subsidiaries and affiliates (collectively, the “Company”) with the following release and waiver. 
 I hereby release, and forever discharge the Company, its officers, directors, agents, employees, stockholders, attorneys, successor, assigns and
affiliates, of and from any and all claims, liabilities, demands, causes of action, costs, expenses, attorneys fees, damages, indemnities and obligations of every kind and nature, in law, equity, or otherwise, known and unknown, suspected and
unsuspected, disclosed and undisclosed, arising at any time prior to and including the date I sign this Release with respect to any claims relating to my employment and the termination of my employment, including but not limited to: any and all such
claims and demands directly or indirectly arising out of or in any way connected with my employment with the Company or the termination of that employment; claims or demands related to salary, bonuses, commissions, stock, stock options, or any other
ownership interests in the Company, vacation pay, fringe benefits, expense reimbursements, sabbatical benefits, severance benefits, or any other form of compensation; claims pursuant to any federal, state or local law or cause of action including,
but not limited to, the federal Civil Rights Act of 1964, as amended; the federal Age Discrimination Act of 1990; the Delaware Fair Employment Practices Act, as amended; tort law; contract law; wrongful discharge; discrimination; harassment; fraud;
emotional distress; and breach of the implied covenant of good faith and fair dealing, provided, however, that this Release shall not apply to claims or causes of action for defamation, libel, or invasion of privacy. 
 In granting the releases herein, I acknowledge that I understand that I am waiving any and all rights and benefits conferred by the provisions of
Section 1542 of the Civil Code of the State of California and any similar provision of law of any other state or territory of the United States or other jurisdiction to the following effect: “A general release does not extend to claims
which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor,” I hereby expressly waive and relinquish all rights
and benefits under that section and any law or legal principle of similar effect in any jurisdiction with respect to the release of unknown and unsuspected claims granted in his Agreement. 
 I acknowledge that, among other rights, I am waiving and releasing any rights I may have under ADEA, that this waiver and release is owing and voluntary,
and that the consideration given for this waiver and release is in addition to anything of value to which I was already entitled. I further acknowledge that I have been advised, as required by the Older Workers Benefit Protection Act, that:
(a) the waiver and release granted herein does not relate to claims which may arise after this agreement is executed; (b) I have the right to consult with an attorney prior to executing this agreement (although may choose voluntarily not
to do so); (c) I have 21 days from the date I receive this agreement, which to consider this agreement (although I may choose voluntarily to execute this agreement earlier); (d) I have seven days following the execution of this agreement
to revoke my consent to the agreement; and (e) this agreement shall not be effective until the seven day revocation period has expired. 
  

									
		 		 		 	
					
	Date:	 	  
	 		 	 	 	
		 		 		 	Michael Martini

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