Document:

exv10w1

 

Exhibit 10.1

Manugistics [logo]         
             

Leveraged Intelligence           

9715 Key West Avenue   

Rockville, MD 20850-3915   

tel. (301) 255 5000   

fax (301) 255 5370   

www.manugistics.com   

September 3, 2004

Jeffrey L. Kissling

3075 Trout Run Rd

York, PA 17402

Dear Jeffrey:

We are pleased to offer you the position of Chief Technology Officer,
reporting to Joe Cowan, Chief Executive Officer.

In this position, your salary, on an annual basis, will be $225,000.00
and will be payable in accordance with Company policy. You are also
eligible to begin participation in Manugistics’ FY 05 Incentive Plan
Program, which commenced March 1, 2004. This Program offers you the
opportunity to receive up to 60% of your base salary, prorated based upon
your date of hire. Manugistics’ fiscal year is March 1 – February 28.
The terms and conditions of this Plan will be presented to you by Joe
Cowan upon joining the Company. This position has regular performance
reviews; your first performance review is scheduled for March 1, 2005 and
will be prorated accordingly. This position is exempt, at-will and may be
terminated at any time.

We will also recommend to the Compensation Committee of the Board of
Directors that you be granted an option to purchase 200,000 shares of
common stock of the Company under the 1998 Amended and Restated Stock
Option Plan (the “Plan”), vesting over five (5) years from the date of
grant in sixty (60) equal monthly installments. The option shall be
granted with an exercise price per share equal to the fair market value
of a share of common stock of the Company on the grant date as
determined under the Plan. Fair market value as determined under the
Plan is the average of the high and low of a share of the Company’s
common stock on the trading day immediately preceding the date of grant
as reported by the NASDAQ Nation Market System.

In the event that the Company has a change of control, which is defined
as fifty-one percent (51%) of the Company’s voting stock having a change
in ownership: (a) if your responsibilities are not affected, fifty
percent (50%) of your outstanding options set out above shall
immediately vest; (b) if your responsibilities are significantly
diminished or you are actually or constructively terminated, i.e., your
responsibilities no longer consist of those reasonably associated with
the position of Chief Technology Officer, one hundred percent (100%) of
the outstanding options set out above shall immediately vest. The
number of option shares vesting shall be determined by multiplying the
original number of option shares granted which are still outstanding by
the applicable percentage. A change in

 

 

Jeffrey Kissling

September 3, 2004

Page Two

ownership of “fifty-one percent (51%) of the Company’s voting stock”
shall mean a change in ownership as a result of a single purchase or
series of related purchases by a single purchaser or a group of
purchasers acting in concert by way of merger, consolidation or
otherwise. The change of control rights granted herein are in addition
to other similar rights granted under the Plan.

Our stock plan administrator will provide you with written confirmation of
stock options awarded.

In brief (effective on your first day of employment) you will be
eligible for our comprehensive Manugistics benefits program, which
includes:

	o	 	Manugistics, Inc. 401(k) Retirement Savings Plan
	 
	o	 	Comprehensive Medical Care; Dental Care, Vision Care
	 
	o	 	Life Insurance; Accidental Death and Dismemberment Insurance; Long-Term Disability
	 
	o	 	Vacation (The first and last years are earned on a pro-rated schedule.)
	 
	o	 	Sick Leave
	 
	o	 	Company and Personal Holidays

Additional information on these and other valuable benefits is enclosed
for your reference.

As required by the Immigration Reform and Control Act of 1986, on your
first day of employment, you must provide Manugistics with
documentation verifying your eligibility to work in the United States.
Acceptable forms of documentation are described on the attached
Employment Eligibility Verification form.

Dependent on the type of position you are being offered, you may be
required to obtain security clearance to work on specific projects.
Therefore, you consent to completing the necessary background
investigation in order to receive this clearance.

If the company terminates your employment for its convenience, as
compared to cause, such as for gross misconduct or upon a criminal
conviction, you will receive your base salary in accordance with the
Company’s regular payroll practices, and benefits to extent you are
eligible to receive such benefits under the terms of those plans
following termination of employment, for a 26 week period commencing on
your termination date; provided that the foregoing salary and benefits
will cease immediately if you begin alternative employment during this
26 week period. Any period during which you are receiving these
payments and benefits is called your “Severance Period.” You will not
earn any incentive compensation during this Severance Period, but you
will be entitled to receive any incentive compensation earned prior to
the date of termination. You will be considered to have earned
incentive compensation for this purpose through the last day of the
last full fiscal quarter during which you were employed by the Company.
During your Severance Period, any options which you hold will continue
to vest in accordance with their terms.

 

 

Jeffrey Kissling

September 3, 2004

Page Three

In order to receive the benefits described herein, you will be required
to execute a Termination Agreement which will include a non-compete
agreement (substantially in the form set forth in the Company’s
Conditions of Employment) and a full release of claims.

All compensation and benefits included as part of this offer will
conform to the Company’s standard policies, practices and plans. In
the event of any question with regard to the compensation and benefits
described in this letter, the Compensation Committee of the Board of
Directors will make the final determination with regard to any
interpretation relating to the elements of your compensation package.

In the event of a dispute concerning the terms and conditions of
employment, or the termination of that employment, the parties agree to
binding arbitration by and under the rules of the American Arbitration
Association, at Manugistics’ expense (other than your personal attorney
who you will hire at your expense).

Please signify your acceptance by signing this letter, completing the
enclosed paperwork and returning these documents to Human Resources. By
doing so, you agree, among other things, to comply with the
non-competition, secrecy, and other provisions of the Company’s
Conditions of Employment. This offer of employment expires 7 days from
the date of this letter. In keeping with Manugistics policy, all offers
are contingent upon successful completion of employment references.

We look forward to your joining Manugistics on September 3, 2004, and
are confident that the association will be mutually rewarding. There
will be a new employee orientation conducted that will review our
processes, procedures and standards.

Sincerely,

Manugistics, Inc.

/s/ Robin Hoesch

Robin Hoesch

Vice President

Human Resources

Accepted by:

	 	 	 
	/s/Jeffrey L. Kissling

	 	September 3, 2004
	Jeffrey L. Kissling

	 	Date

cc: Joe Cowan

Enclosuresexv10w2

 

Exhibit 10.2

CONDITIONS OF EMPLOYMENT

The company requires all employees to sign a Conditions of Employment Agreement
upon joining the company. This Agreement confirms an employee’s ethical
commitment to: (1) put forth full-time efforts for the company during the
course of employment; (2) not disclose or make outside use of company or
customer trade secrets; (3) protect the company against unethical loss of
employees or customers; and (4) protect company property.

The specific Conditions of Employment Agreement that follows should be referred
to for full details on the concerns and terms of employment.

MANUGISTICS, INC. CONDITIONS OF EMPLOYMENT

As a condition to, and in consideration of, my continued employment as an at
will employee, or certain changes or improvements related to my employment, I
agree with Manugistics, Inc. and Subsidiaries (“Manugistics”) as follows:

1. PRIOR UNDERSTANDING

Except as fully disclosed in any attachment to this Agreement, I am not
presently a party to any prior agreement or understanding with a former
employer or with any other person or business or any other legal restriction or
obligation which would in any way prohibit, impede, or hinder my employment
with Manugistics or the performance of my duties in the course of such
employment. I also fully understand that I have a duty not to disclose any
trade secrets that I have learned at previous employers during my employment
with Manugistics.

2. FULL EFFORTS WHILE EMPLOYED

Manugistics is entitled to my full-time and efforts during the course of my
employment. Therefore, I will not, without Manugistics’ prior written
approval, while employed by Manugistics, engage in any employment, for myself
or for any other person or business, which requires the use of skills for which
I was hired by Manugistics or the use of skills attained during the course of
my employment with Manugistics which would conflict with or compete with my
employment with Manugistics.

3. TRADE SECRETS AND CONFIDENTIAL INFORMATION

I fully understand that my employment with Manugistics creates a relationship
of confidence and trust between Manugistics and me with respect to confidential
information and unless and until made publicly available through no act or
omission of mine, all customer lists, and all features and documentation of
Manugistics’ programs, designs, technical memoranda, pricing policies, business
plans, proposals, results of development, and techniques and any other
information or property of Manugistics designated by it as confidential and
proprietary, and any information or property entrusted to Manugistics by any of
its customers are Manugistics’ (or such customer’s, as the case may be) trade
secrets. I acknowledge that I have access to these trade secrets, which are
valuable, have been developed at considerable time and expense, are unique, and
are kept confidential by Manugistics. I also acknowledge that Manugistics
would be damaged and its competitors benefited, if its trade secrets or those
of its customers were made available to persons outside Manugistics. Except to
the extent necessary in the regular course of my employment, or as otherwise
authorized or directed in writing by an officer of Manugistics, I will maintain
in confidence and will not knowingly use or disclose to any person, either
during or after the period of my employment, any such trade secrets or any
unpublished information regarding the financial affairs of Manugistics, its
salary structure, its relationships with its customers, and such other
unpublished information as may be helpful to its competitors or embarrassing to
it or its customers. I will also report to the company all unauthorized
disclosures regarding the matters stated in this provision.

 

 

4. COMPANY PROPERTY

All manuals, letters, notes, notebooks, reports, records, drawings, contracts,
customer lists, proposals, and other solicitations for work, and all other
writings and materials, and copies, which are of a secret or confidential
nature, which relate to Manugistics’ operations, investigations or business,
which are in my possession or which come into my possession during the period
of my employment, and all samples and other property of Manugistics, made or
received by me during any past or future period of employment with Manugistics,
are and shall be the property of Manugistics exclusively. I will keep the same
at all times in Manugistics’ custody and subject to its control and will
surrender the same to Manugistics or at before the termination of my
employment.

5. SOLICITATION OF EMPLOYEES, SOLICITATION OF CUSTOMERS, AND NON-COMPETITION
AFTER EMPLOYMENT

During the term of my employment with Manugistics and for six (6) months
thereafter, I will not, directly or indirectly, (a) solicit the employment of
or employ, for myself or for any other person or business, any other
Manugistics employee or any person who was a Manugistics employee at any time
during the six (6) month period preceding the termination of my employment with
Manugistics; or (b) in competition with Manugistics, solicit or attempt to
solicit business from, provide services to, or secure employment with any
person or entity which was a customer of Manugistics during my employment by
Manugistics, or any person or entity to whom Manugistics had proposed work
within six (6) months prior to the termination of my employment with
Manugistics. As a further protection for Manugistics’ legitimate business
interests, I agree that I will not accept employment, as either an employee or
a consultant, with any competitor of Manugistics for a period of six (6) months
following my termination from Manugistics. In the event this provision is
found to be unenforceable as written, the court so deciding may reduce the time
periods provided for herein to allow this provision to be enforced. I
acknowledge that the restrictions contained in this paragraph are reasonable
and will not unreasonably interfere with my ability to earn a living following
my employment with Manugistics.

6. COMPLIANCE WITH OBLIGATIONS TO THIRD PARTIES

Previous Employers - I understand and acknowledge that Manugistics
encourages all employees to comply in good faith with the terms of any
agreements with their former employers or other third parties. I hereby affirm
that my employment with Manugistics does not violate the terms of any
agreement, including any employment agreement, conditions of employment,
nondisclosure agreement or any other type of agreement that I have executed
with any other party. I understand that a breach of any such agreement could
cause me to be liable for contract and trade secret violations, and I hereby
agree that I shall abide by the terms of any agreements while performing
services for Manugistics. I also understand that such agreements may preclude
me from performing services for certain clients or in certain territories, and
I agree that I shall notify Manugistics of any restrictions on my ability to
perform services for Manugistics as an employee of Manugistics. I also
understand that such agreements may preclude or restrict my ability to solicit
employees from my former employer and to receive any Manugistics referral
bonuses related thereto, and I agree to abide by the terms of such agreements.

Clients, Partners - Manugistics Inc., is committed to a drug free
workplace and supports the Drug-Free Workplace Act of 1988. Employees are
prohibited from the possession or use of unlawful controlled substances, at any
time, on or off the job. Violations may result in mandatory rehabilitation or
serious disciplinary action up to, and including employment termination.

Many Manugistics clients have Drug and Alcohol Testing Programs in place.
These client programs will sometimes require that Manugistics employees submit
to drug and alcohol testing. Your signature on this Conditions of Employment
document indicates your willingness to abide by Manugistics and client
Drug/Alcohol Policies and testing programs.

7. INVENTIONS AND DISCOVERIES

I will disclose and assign to Manugistics all designs, improvements,
inventions, and discoveries relating to the business of Manugistics, which
shall have originated in connection with work done for Manugistics, which are
made, first reduced to practice, devised or conceived by me or by me jointly
with others during any past or future period of employment with Manugistics.
The foregoing obligation to disclose and assign to Manugistics my designs,
improvements, inventions, and discoveries shall apply whether or not they are
first reduced to practice, devised or conceived during regular working hours,
or on Manugistics’ premises, and/or at the expense of Manugistics. I will
disclose and assign to Manugistics all designs, improvements, inventions, and
discoveries, whether or not relating to the business of Manugistics, if
Manugistics’ machine or other resources

 

 

or Manugistics’ property were used by
me in pursuit of same, or if said items were the result of efforts expended
during the working hours for which I am compensated by Manugistics. All such
designs, improvements, inventions, and discoveries shall remain Manugistics
property whether or not so disclosed or assigned and I will cooperate fully
with Manugistics during and after my employment in accomplishing the intent of
this provision.

8. EMPLOYEE HANDBOOK

I acknowledge that I am responsible for reading and understanding company
policies and procedures which can routinely be accessed by employees on the
Lotus Notes Database (See Employee Encyclopedia). Also in the Database is the
Employee Code of Conduct and the policies on public disclosure and
communications, trade secrets, computer center access and security precautions.
I agree to comply with these policies and procedures and acknowledge that
nothing contained herein or in the employee handbook may be construed as a
contract of employment for any period of time or changes my status as an at
will employee.

9. ELECTRONIC MAIL (e-mail)

I understand that by use of electronic mail (e-mail or Lotus Notes), it is
possible to create a valid legal contract. I also acknowledge that during my
employment with Manugistics, I will be required to use e-mail on a regular
basis as a means of communication within Manugistics and with people outside
the Company. I fully understand, acknowledge and agree that my e-mail
transmissions include an authentic legal signature, the equivalent of a hard
copy paper signature.

10. REMEDIES

I acknowledge that Manugistics does not have an adequate remedy at law should I
breach any of my obligations hereunder. I agree that Manugistics shall have,
in the event of such a breach, the right to a mandatory or prohibitive
injunction requiring compliance herewith, the right to compel specific
performance by a suit in equity, or to any other appropriate remedy at law or
in equity, including but not limited to the right to reimbursement of all legal
fees and other expenses incurred by Manugistics in enforcing this Agreement. I
understand that violation of any of these Conditions of Employment may be
grounds for immediate dismissal.

11. SEVERABILITY

If any provision or provisions of this Agreement are held to be invalid,
illegal, or unenforceable, the validity, legality and enforceability of the
remaining provisions will not in any way be affected or impaired thereby.

My signature below signifies my acceptance of each of the foregoing Conditions
of Employment.

The signed copy of this acknowledgment (hard copy or electronic) will be
retained by the Human Resources Department in the employee’s personnel file.

	 	 	 	 	 
	NAME (Type or Print): Jeffrey L. Kissling
	 	 	 	 
	 
	 	 	 	 
	SIGNATURE /s/ Jeffrey L. Kissling

	 	DATE:
	 	September 3, 2004

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