Document:

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                                                                   EXHIBIT 10.34

May 1, 2002

Michael Bealmear
65 Inverrary Lane
Alamo, CA  94507

Dear Mike:

I am very pleased to offer you the position of Executive Vice President
reporting to me. In this position, you will have the business title of
President, Worldwide Field Operations responsible for all the Sybase Geography
Field Operations (North America, Latin America, Asia and Europe). We anticipate
you will make immediate contributions to Sybase and look forward to your start
date of May 6, 2002.

Your compensation will consist of the following components:

         I.       Base Salary: $400,000 per year to be paid semi-monthly at
                  $16,666.67.

         II.      Variable Incentive Bonus: You will be eligible for the FY2002
                  annual incentive bonus of $250,000. You will be guaranteed
                  your variable incentive from your May 6, 2002 start date to
                  the end of Q3 2002. Your quarterly target bonus for Q4 2002
                  will be $62,500, which will be paid only if you meet or exceed
                  your target revenue and margin numbers for Q4. Each subsequent
                  year, your compensation will be reviewed and a new
                  compensation plan will be provided to you.

         III.     Stock Options

                  (1)      Sybase Stock Options

                           A recommendation will be made for you to be awarded
                           an option to purchase 500,000 shares of Sybase common
                           stock. The stock option price will be the closing
                           price as quoted on NYSE on the date the option is
                           granted.

                           The above Sybase options with respect to 6/48 of the
                           shares will vest after the first six (6) months and
                           the options with respect to 1/48 of the shares will
                           vest each month for the following forty-two (42)
                           months. Sybase has the right to cancel any unvested
                           portion of your shares if your employment with the
                           company is ended for any reason before four (4)
                           years. If you do not receive your stock option
                           agreements within four to six weeks from your
                           employment start date, please contact Sybase
                           Corporate Stock Administration immediately.

                           Additional shares of Sybase options may be
                           recommended for you on an annual basis based on your
                           job performance and contributions.

         IV.      Change of Control Agreement - A change of control agreement
                  (double trigger) will be recommended for you shortly after
                  your employment start date. You will be receiving the
                  agreement from Nita White-Ivy, Vice President of Worldwide
                  Human Resources shortly after your first week of employment.

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         V.       Employee Benefits - You will be covered by the Sybase employee
                  benefits program, a summary of which is enclosed. I
                  understand, however, that you are currently covered by
                  Covansys' health benefit programs and that you may not be
                  interested in Sybase coverage for the next two years. Our
                  "cafeteria" medical and prescription programs provide up to
                  $383.43 of credit points for medical and prescription
                  benefits, which are most likely better than Covansys. Should
                  you not want to use these benefits, our program will only
                  allow you to get a credit of $47.38 per month, which you can
                  apply toward additional life or accidental death and
                  dismemberment insurance.

         VI.      Automobile Allowance - Should you not want to participate in
                  Sybase's health benefit programs while you are covered under
                  Covansys, or if you choose not to use the allowed credit for
                  your additional life or accidental death and dismemberment
                  insurance described above, we will provide you instead with
                  $500 per month of automobile allowance. This allowance will
                  cease as soon as you start participating in Sybase health
                  benefit programs for yourself and/or your eligible dependents
                  as described in V, above.

         VII.     Financial and Tax Planning - Sybase has developed a
                  comprehensive executive financial and tax planning program for
                  its officers which we plan to roll out in January 2003. You
                  will be eligible to participate in this program if and when it
                  is launched.

         VIII.    Business Travel - You will be able to travel with "business
                  class" accommodations for all job-related air travel.

         IX.      Consideration for Promotion to President and Chief Operating
                  Officer (COO) - I understand that in accepting the position to
                  head the worldwide field operations for Sybase, it is your
                  desire to help Sybase execute to its revenue plans and
                  strategic objectives. I also understand your career objective
                  to eventually broaden your job scope and responsibilities at
                  Sybase. Depending on your ability to perform to and achieve or
                  exceed the targeted/budgeted revenues and contribution margins
                  for all of your operations, plus other priority goals and
                  objectives given to you, it is my intention to consider you
                  for the position of President and Chief Operating Officer
                  (COO) for Sybase, Inc. Should another person be selected and
                  appointed for the position of President and COO of Sybase,
                  Inc., you have the option to submit your written resignation
                  within 45 days of that person's appointment so you can pursue
                  your career objectives outside of Sybase. Within seven days of
                  the effective date of your resignation, Sybase will pay you a
                  separation pay equal to one times your then annual base salary
                  (net of applicable taxes and deductions). Sybase will not,
                  however, have any obligation to pay you any separation payment
                  under the following instances: (1) if you resign from the
                  company other than following the event of the appointment of a
                  President and COO as described above; (2) if you are asked to
                  leave the company or if you are involuntarily terminated or
                  you voluntarily resign "for cause."

                  For purposes of the above paragraph, "for cause" voluntary or
                  involuntary termination is defined as: (1) unsatisfactory job
                  performance and/or work behavior, (2) insubordination, (3) any
                  act of personal dishonesty taken by you in connection with
                  your job duties and responsibilities intended to result in
                  your personal gain, (4) violation of company policies and/or
                  misconduct on your part which is seriously injurious to the
                  company, the company's reputation, or Sybase employees, and
                  (5) conviction of a felony.

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You agree that your employment with Sybase is "at will" and that you are free to
resign your employment at any time with or without cause and that Sybase may
also terminate your employment at any time with or without cause.

This offer is contingent upon: (1) satisfactory verification of your current and
previous employment history, background checks and your academic degrees; and
(2) completion and signing of the enclosed Sybase Employment form, Notification
and Authorization to Conduct Background Investigation form, and Sybase Statement
of Values and Business Ethics.

The enclosed Non-Disclosure Agreement must be signed by all Sybase employees as
a condition of employment, and Section 1 of the enclosed U.S. Department of
Justice Immigration and Naturalization Service I-9 Form also must be completed.
The enclosed Personal Data Sheet and W-4 must be completed to ensure that you
receive your paychecks and other employee benefits in a timely manner. PLEASE
SIGNIFY ACCEPTANCE OF THIS OFFER BY SIGNING ONE COPY OF THIS OFFER LETTER,
INDICATING YOUR START DATE, AND RETURNING IT WITH THE AFOREMENTIONED ENCLOSED
DOCUMENTS BY MAY 3, 2002 TO NITA WHITE-IVY AT HUMAN RESOURCES.

U.S. Federal law requires that we make this offer of employment contingent upon
being able to produce proof that you have the legal right to work in the United
States. Because satisfactory evidence of such proof must be presented in order
for you to start employment, please bring your choice of required acceptable
documentation (as stated on the enclosed I-9) with you on your first day to the
New Hire Orientation with Human Resources.

We are very proud of our company's continuing success and look forward to your
joining our very committed and hardworking team.

Sincerely,

/s/ JOHN S. CHEN

John S. Chen
Chairman, CEO and President

Enclosures

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I will start to work on 5/6/02. I certify that as of this date I will not be
employed by, on the payroll of, or otherwise compensated by any other company,
and that I have not received any consideration or promise of consideration from
any other company based on my acceptance of employment with Sybase. I can
produce satisfactory proof on my start date that I have the legal right to work
in the United States.

I understand and agree that if I am hired by Sybase, I will be free to resign my
employment at any time with or without cause and that Sybase may also terminate
my employment at any time with or without cause. I understand that although
Sybase has Human Resources policies relating to other terms and conditions of my
employment, and that these policies and conditions may be changed from time to
time by Sybase at its discretion, the voluntary "at will" nature of my
employment may not be changed.

This employment offer, and an employment and change of control agreement which
will be provided to me shortly after my employment start date, constitute the
entire agreement and understanding between Sybase and me with regard to its
offer of employment and supersedes any other negotiations, agreements, promises,
understandings, and representations, whether written or oral.

 /s/ MICHAEL BEALMEAR                                              5/3/02
------------------------------                                      Date
     Michael Bealmear

Please indicate your termination date with current employer:  _____________

Name of current employer:  __________________<PAGE>

                                                                   EXHIBIT 10.35

September 5, 2002

Thomas Volk
11555 Hillpark Lane
Los Altos Hills, CA  94024

Dear Thomas:

I am very pleased to offer you the position of Executive Vice President and
General Manager of the eBusiness Group (eBG) reporting directly to me. This
position will be located at the Sybase Corporate Headquarters in Dublin, CA, and
will be responsible for the leadership, growth, and revenue and margin
achievements of the following divisions: Enterprise Solutions, Business
Intelligence and e-Business.

This offer is contingent upon your obtaining an H-1B Visa approval from the U.S.
Immigration and Naturalization Service (INS). We anticipate that this INS
application and approval process will take three to six months. Therefore, we
look forward to your starting date of Sybase employment sometime in early Q1 of
2003.

         I.       Your compensation will consist of the following components:

                  1)       Base Salary: $350,000 per annum paid bi-monthly at
                           $14,583.33.

                  2)       Variable Compensation and Incentive Bonus: You will
                           be eligible for FY 2003 variable compensation and
                           incentive bonus of $250,000 as follows:

                           1)       Variable Compensation target of $125,000
                                    based on 100% achievement of revenue and
                                    margin targets for the three divisions under
                                    eBG (ESD, BID and eBD).

                           2)       Executive Leadership Team (ELT) Incentive
                                    Bonus target of $125,000 based on Sybase,
                                    Inc. achievement of its revenue and profit
                                    before tax (PBT) goals as approved by the
                                    Board of Directors for 2003.

         II.      Stock Options:

                  A recommendation will be made for you to be awarded an option
                  to purchase 300,000 shares of Sybase common stock. The stock
                  option price will be the closing price as quoted on NYSE on
                  the date the option is granted.

                  The option with respect to 6/48 of the shares will vest after
                  the first six (6) months and the option with respect to 1/48
                  of the shares will vest each month for the following forty-two
                  (42) months. Sybase has the right to cancel any unvested
                  portion of your shares if your employment with the company is
                  ended for any reason before four (4) years. If you do not
                  receive your stock option agreement within four to six weeks
                  from your start date, please contact Corporate Stock
                  Administration immediately.

                  Additional shares of Sybase options may be recommended for you
                  on an annual basis based on your job performance and
                  contributions.

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         III.     Sign-On Bonus

                  You will receive a sign-on bonus of $120,000 (gross, subject
                  to income tax withholding) to be paid to you after 30 days
                  from your start of employment with Sybase. Please note that if
                  you resign from Sybase or are terminated "for cause" within
                  two years of your employment start date, you agree to repay
                  Sybase the full sign-on bonuses less 1/24 for every full month
                  of your Sybase employment. Please sign and return the enclosed
                  Sign-On Bonus Agreement with your signed acceptance of this
                  offer.

         IV.      One-Time Relocation and Miscellaneous Bonus

                  Sybase agrees to cover and reimburse you up to $100,000 for
                  the following relocation and miscellaneous expenses. To obtain
                  reimbursement to expenses paid directly by you, you will need
                  to submit an Expense Report with all appropriate receipts.

                  1) H-1B Visa and permanent Residence (Green Card) Visa filing
                     fees and legal costs - Sybase will pay reasonable legal
                     fees and INS filing fees for obtaining your H-1B, (and
                     later on your Permanent Residence) Visa. Corporate Human
                     Resources will coordinate and assist you in this process.

                  2) Househunting, business class airfare and actual relocation
                     business class airfare for your and your spouse (from
                     Germany to San Francisco).

                  3) Up to 90 days of temporary housing and car rental (when you
                     relocate to the Dublin, CA area).

                  4) Shipment and storage of household goods (associated with
                     your relocation to the Dublin, CA area), which will be
                     coordinated by Corporate Human Resources.

                  5) Closing costs associated with your purchase of a home in
                     the Dublin, CA area within six months of your employment
                     date.

Please sign and return the enclosed Relocation Agreement with your signed
acceptance of this offer.

         V.       Change of Control Agreement

                  A change of control agreement (double trigger) will be
                  recommended for you shortly after your employment start date.
                  You will be receiving the agreement from Nita White-Ivy, Vice
                  President of Worldwide Human Resources shortly after your
                  first month of employment.

         VI.      Employee Benefits

                  You will be covered by the Sybase U.S. employee benefits
                  program, a summary of which is enclosed.

         VII.     Financial and Tax Planning

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                  Sybase has developed a comprehensive executive financial and
                  tax planning program for its officers which we plan to roll
                  out in January 2003. You will be eligible to participate in
                  this program if and when it is launched.

         VIII.    Business Travel

                  All job-related air travel in the performance of your duties
                  and responsibilities as EVP and GM for eBG will be in
                  accordance with Sybase current travel policy for ELT members.

You agree that your employment with Sybase is "at will" and that you are free to
resign your employment at any time with or without cause and that Sybase may
also terminate your employment at any time with or without cause.

This offer is also contingent upon: (1) satisfactory verification of your
current and previous employment history, background checks and your academic
degrees; and (2) completion and signing of the enclosed Sybase Employment form,
Notification and Authorization to Conduct Background Investigation form, and
Sybase Statement of Values and Ethics.

The enclosed Non-Disclosure Agreement must be signed by all Sybase employees as
a condition of employment, and Section 1 of the enclosed U.S. Department of
Justice Immigration and Naturalization Service I-9 Form also must be completed.
The enclosed Personal Data Sheet and W-4 must be completed to ensure that you
receive your paychecks and other employee benefits in a timely manner. Please
signify acceptance of this offer by signing one copy of this offer letter, and
returning it with the aforementioned enclosed documents by September 25, 2002 to
Nita White-Ivy at Human Resources.

U.S. Federal law requires that we make this offer of employment contingent upon
being able to produce proof that you have the legal right to work in the United
States. Because satisfactory evidence of such proof must be presented in order
for you to start employment, you will need to complete the application for the
H-1B with the U.S. INS and receive approval before you start your Sybase
employment.

We are very proud of our company's continuing success and look forward to your
joining our very committed and hardworking team.

Sincerely,

/s/ JOHN S. CHEN

John S. Chen
Chairman, CEO and President

NWI:ef
Enclosures

cc: Juli Ann Reynolds, Russell Reynolds Associates

<PAGE>

I will start to work at Sybase within two (2) weeks following receipt of my H-1B
visa from the U.S. Immigration and Naturalization Service (or after January 1,
2003). I certify that as of my Sybase start date, I will not be employed by, on
the payroll of, or otherwise compensated by any other company, and that I have
not received any consideration or promise of consideration from any other
company based on my acceptance of employment with Sybase. I can produce
satisfactory proof on my start date that I have the legal right to work in the
United States.

I understand and agree that if I am hired by Sybase, I will be free to resign my
employment at any time with or without cause and that Sybase may also terminate
my employment at any time with or without cause. I understand that although
Sybase has Human Resources policies relating to other terms and conditions of my
employment, and that these policies and conditions may be changed from time to
time by Sybase at its discretion, the voluntary "at will" nature of my
employment may not be changed.

This offer states the entire agreement and understanding between Sybase and me
with regard to its offer of employment and supersedes any other negotiations,
agreements, promises, understandings, and representations, whether written or
oral.

Signed:           /s/ THOMAS VOLK                Date:    09-24-02
               --------------------------

Print Name:    Thomas Volk

Please indicate your termination date with current employer:  12-31-02

Name of current employer:  HP

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