Document:

QuickLinks
 -- Click here to rapidly navigate through this document

 
 

Exhibit 10.89    
    

  

July 15,
2005 

Alan
Kerr

1155 Camino Del Mar, #481

Del Mar, CA 92014 

	Re:
	Notice
of Participation in Retention Bonus Plan 

Dear
Alan: 

        I
am pleased to confirm that the Company has selected you as a Participant in the Peregrine Systems, Inc. Retention Bonus Plan (the "Plan"). The Plan is designed to aid in the
retention of the Company's most crucial employees in the event of a Change of Control of the Company by providing for the award of retention bonuses. 

General terms  

        Your Retention Bonus Amount under the Plan is $250,000. This is the amount you are eligible to receive under the Plan so long as you remain employed with the
Company through the six-month anniversary of the consummation of a Change in Control of the Company or
if your employment is terminated in connection with, in anticipation of or following a Change of Control under certain circumstances as described in this Notice of Participation and the Plan. 

        The
basic terms of your participation in the Plan are set forth in this Notice of Participation, but other important terms and conditions are described in the Plan. We encourage you to
carefully review the Plan, a copy of which is included with this Notice. Capitalized words in this Notice of Participation which are not defined herein are defined in the Plan. In the event of any
conflict between the provisions of this Notice of Participation and the provisions of the Plan, the terms of the Plan shall control. This letter constitutes the Notice of Participation called for in
the Plan. 

Payment Terms  

        In accordance with Section 4(a)(i) of the Plan, except as set forth below, your Retention Bonus Amount shall be payable (a) fifty percent
(50%) upon the consummation of a Change of Control, and (b) fifty percent (50%) upon the date that is six months after the consummation of a Change of Control. If any scheduled payment date is
not a business day, the applicable payment shall be made on the first business day following the applicable payment date. 

Termination of Your Employment  

        In accordance with Section 4(a)(ii) of the Plan, if your employment with the Company is terminated prior to receiving one or both of the payments
described above, your right to receive such payments shall be determined as follows: 

        (A)  Subject
to clause (B) below, if your employment with the Company terminates for any reason prior to the consummation of a Change of Control, you will immediately
forfeit without consideration any right to any payments under the Plan and this Notice of Participation; 

        (B)  Notwithstanding
clause (A) above, if your employment is terminated by the Company without Cause, or by you with Good Reason, in connection with or in anticipation
of a Change of Control, both of the payments described above will be payable upon the consummation of the Change of Control, unless you are rehired prior to the consummation of the Change of Control,
in which case the payments will be made as if your employment had never terminated; 

        (C)  If
your employment is terminated by the Company for Cause, or by you without Good Reason, following the consummation of the Change of Control but prior to the date that
is six months after the consummation of the Change of Control, the second payment described above will be immediately forfeited without consideration; and 

        (D)  If
your employment is terminated by the Company without Cause, or by you for Good Reason, following the consummation of the Change of Control but prior to the date that
is six months after the consummation of the Change of Control, the second payment described above will be payable on the effective date of such termination. 

Nontransferability  

        As set forth in the Plan, none of your rights or obligations under the Plan and this Notice of Participation may be assigned or transferred by you other than
rights to payments or benefits under the Plan, which may be transferred only by will or the laws of descent and distribution. In the event of your death or a judicial determination of your
incompetence, reference in the Plan and this Notice of Participation to you shall be deemed, where appropriate, to refer to your estate or other legal representative(s). 

Miscellaneous Provisions  

        Successors and Assigns.    Subject to the limitations set forth in this Notice of Participation, the
benefits and obligations of this letter agreement will be binding on the executors, administrators, heirs, legal representatives, successors, and assigns of the parties. 

        Governing Law.    This letter agreement shall be governed by, and construed in accordance with, the laws
of the State of Delaware excluding those laws that direct the application of the laws of another jurisdiction. 

        Amendment.    Prior to a Change of Control, the Board and the Committee shall each have the right to
amend this Notice of Participation in any manner not materially adverse to your rights under the Plan. Following a Change of Control, this Notice of Participation may only be amended with your
consent. 

        Withholding.    The Company may withhold and deduct from any payment under the Plan and this Notice of
Participation all legally required amounts necessary to satisfy any and all federal, state, local and foreign withholding and employment-related tax requirements. 

        This is not an employment contract.    This Notice of Participation is not to be interpreted as a
guarantee or contract of continuing employment. 

        We
value your efforts and look forward to your continued contribution. 

	 	 	Sincerely,
	

 	
 	

John Mutch

CEO

I accept and agree to the terms of this Notice of Participation and the Plan.  

	

    
	
 	

    
	
 	

, 2005
	Alan Kerr	 	Date

QuickLinks

Exhibit 10.89QuickLinks
 -- Click here to rapidly navigate through this document

 
 

Exhibit 10.90    
    

PEREGRINE SYSTEMS, INC.

RESTRICTED STOCK GRANT NOTICE

(2003 Equity Incentive Plan)  

        Peregrine Systems, Inc. ("PSI"), pursuant to its 2003 Equity Incentive Plan (the "Plan"), hereby grants to the participant under the Plan (the
"Participant") the right to purchase the number of shares of PSI's common stock (the "Common Stock") set forth below (the "Award"). This Award is subject to all of the terms and conditions as set
forth in this Restricted Stock Grant Notice (the "Grant Notice"), the Restricted Stock Agreement attached hereto as Attachment I and the Plan attached hereto as Attachment II, all of which are
incorporated herein in their entirety. 

	Participant:	 	[                                    ]

	

Date of Grant:	
 	

[                        ], 200  
	

Vesting Commencement Date:	
 	

[                        ], 200  
	

Number of Shares Subject to Award:	
 	

[                  ]
	

Purchase Price per Share:	
 	

$0.0001
	

Total Purchase Price:	
 	

$[           ]
	

Vesting Schedule:	
 	

Except as otherwise provided in the Restricted Stock Agreement, the shares subject to the Award shall vest as follows:
	

 	
 	
Vesting Date	
 	

Shares Vested
	

 	
 	

[                        ], 200  	
 	

[                  ]
	 	 	[                        ], 200  	 	[                  ]
	 	 	[                        ], 200  	 	[                  ]
	

Payment:	
 	

As described in the Restricted Stock Agreement, (i) par value for the shares must be paid in cash, by check or (ii) as determined by the Board of Directors or Compensation Committee, the shares may be issued as consideration for past
services to PSI.

        Additional Terms/Acknowledgements:    The undersigned Participant acknowledges receipt of, and understands and agrees to the
terms and conditions of this Grant Notice, the Restricted Stock Agreement and the Plan. Participant further acknowledges that as of the Date of Grant, this Grant Notice, the Restricted Stock Agreement
and the Plan set forth the entire understanding between Participant and PSI regarding the acquisition of Common Stock in PSI and supersede all prior oral and 

 

written
agreements relating thereto, with the exception of other awards previously granted and delivered to Participant under the Plan. 

	 Peregrine Systems, Inc.	 	Participant
	

By:	

 	
 	

 
	 	
	 	

	 	Signature	 	Signature
	

Title:	
 	

Date:
	 	 	 	 
	
	 	

	

Date:	
 	

 
	 	 	 	 
	
	 	

2

   ATTACHMENT I  

PEREGRINE SYSTEMS, INC.

2003 EQUITY INCENTIVE PLAN

RESTRICTED STOCK AGREEMENT  

        THIS RESTRICTED STOCK AGREEMENT (the "Agreement"),
dated                        [    ], 2005, is entered into by and between
[                        ] ("Participant") and Peregrine Systems, Inc., a Delaware corporation ("PSI"). 

RECITALS 

        WHEREAS,
PSI has adopted the Peregrine Systems, Inc. 2003 Equity Incentive Plan (the "Plan"), which provides for awards of restricted stock to PSI's Employees, Consultants and
Directors; and 

        WHEREAS,
Participant is currently serving as an Employee of PSI; and 

        WHEREAS,
PSI desires to issue to Participant, and Participant desires to acquire from PSI, shares of Common Stock, $0.0001 par value, of PSI ("Common Stock"), pursuant to the provisions
of the Plan. 

        NOW
THEREFORE, in consideration of the foregoing, and the mutual covenants and agreements set forth herein, the parties hereto agree as follows: 

1.    Definitions.    

        Capitalized
terms not explicitly defined in this Agreement but defined in the Plan shall have the same meanings ascribed to them in the Plan. 

2.    Grant of Award.    

        PSI
grants to Participant, pursuant to the terms of the Restricted Stock Grant Notice ("Grant Notice"), this Agreement (collectively, the "Award") and the Plan, the number of shares of
Common Stock indicated in the Grant Notice (the "Shares") on the Date of Grant provided in the Grant Notice (the "Date of Grant"). The Award represents the right to receive and retain up to the number
of Shares indicated in the Grant Notice (as adjusted from time to time pursuant to Section 10 of the Plan) subject to the fulfillment of the vesting conditions set forth in this Agreement.  By accepting the Award,
Participant irrevocably agrees on behalf of Participant and Participant's successors and permitted assigns to all of the terms and conditions of the
Award as set forth in or pursuant to this Agreement and the Plan (as such Plan may be amended from time to time).

3.    Agreement to Purchase.    

        Participant
hereby agrees to purchase from PSI, and PSI hereby agrees to sell to Participant, the aggregate number of Shares at the specified Purchase Price per Share, each as set forth
in the Grant Notice. Participant may not purchase less than the aggregate number of Shares specified in the Grant Notice. 

4.    Payment.    

        The
Restricted Shares are being issued in consideration of past services provided by Participant. 

5.    Vesting.    

        5.1   Participant's
rights in and to the Shares subject to the Award shall not be vested as of the Grant Date and shall be forfeitable unless and until otherwise vested
pursuant to the terms of this Agreement. Provided that Participant remains continuously employed by PSI or any Subsidiary through the respective vesting dates set forth in the Grant Notice (each, a
"Vesting Date"), the Award shall 

1

 

become
vested with respect to number of the Shares subject to the Award set forth opposite the applicable Vesting Date in the Grant Notice on such Vesting Date. Shares that have vested and are no
longer subject to forfeiture are referred to herein as "Vested Shares." Shares of Restricted Stock that are not vested and remain subject to forfeiture
are referred to herein as "Unvested Shares." 

        5.2   The
vesting period of the Award set forth in Section 5.1 may be adjusted by the Committee to reflect the decreased level of employment during any period in which
Participant is on an approved leave of absence or is employed on a less than full time basis. Notwithstanding anything to the contrary in this Section 5, the Award shall be subject to earlier
acceleration of vesting and/or forfeiture and transfer as provided in this Agreement and the Plan. 

6.    Limitations on Transfer.    

        6.1   Participant
agrees not to sell, assign, hypothecate, donate, encumber or otherwise dispose of any interest in the Unvested Shares. 

        6.2   Notwithstanding
anything in Section 6.1 to the contrary, the Unvested Shares may be assigned in whole or in part during Participant's lifetime to one or more
members of Participant's family or to a trust established exclusively for one or more such family members or to an entity in which Participant is majority owner, to the extent such assignment is in
connection with Participant's estate or financial planning or pursuant to a Domestic Relations Order (as defined in the Plan); provided the assignees shall hold the Shares subject to the terms,
conditions and restrictions applicable to the Unvested Shares immediately prior to such assignment. Any assignee shall be required to execute documentation satisfactory to PSI agreeing to be bound by
all such terms, conditions and restrictions. 

        6.3   Any
sale, transfer, assignment, encumbrance, pledge, hypothecation, conveyance in trust, gift, transfer by bequest, devise or descent, or other transfer or disposition
of any kind, whether voluntary or by operation of law, directly or indirectly, of Unvested Shares shall be strictly prohibited and void. 

7.    Restrictive Legends.    

        The
stock certificates evidencing the Vested and Unvested Shares issued under the Award shall bear appropriate legends determined by PSI. 

8.    Stockholder Status of Participant; Voting Rights.    

        From
and after the Grant Date, Participant will be recorded as a stockholder of PSI with respect to the Shares (Vested or Unvested) subject to the Award and shall have voting rights with
respect to such Shares unless and until any such Shares are forfeited or transferred back to PSI. 

9.    Dividends.    

        From
and after the Grant Date and unless and until the Shares are forfeited or otherwise transferred back to PSI, Participant will be entitled to receive all dividends and other
distributions paid with respect to the Shares subject to this Award. Dividends payable by PSI to its public stockholders in cash shall, with respect to any Unvested Shares, be paid in cash on or about
the date such dividends are payable to public stockholders, subject to any applicable tax withholding requirements. 

10.    Effect of Termination of Employment; Change in Control.    

        10.1    General.    Except as provided in Section 10.2 or 10.3, upon a termination of Participant's employment
with PSI or any Subsidiary for any reason, the Unvested Shares shall be forfeited by Participant and cancelled and surrendered to PSI without payment of any consideration to Participant. 

        10.2    Death or Disability.    In the event of the death or Disability (as defined below) of the Participant prior to
any Vesting Date, a number of Unvested Shares equal to the number of Unvested Shares that would have vested on the next succeeding Vesting Date multiplied by a fraction, the numerator of which is the
number of days elapsed since the later of the Date of Grant or the 

2

 

immediately
preceding Vesting Date to, but not including, the date of such death or Disability and the denominator of which is 365. For purposes of this Agreement, "Disability" is defined as the
Participant's inability to perform such Participant's job responsibilities for a period of 180 consecutive days or 180 days in the aggregate in any 12-month period. 

        10.3    Change in Control.    Immediately prior to the effectiveness of a Change in Control (as defined herein), all
Unvested Shares shall vest as of such date. For purposes of this Agreement, "Change in Control" is defined as: (i) the consummation of a merger
or consolidation of PSI with or into another entity or any other corporate reorganization, if persons who were not stockholders of PSI immediately prior to such merger, consolidation or other
reorganization own immediately after such merger, consolidation or other reorganization 50% or more of the voting power of the outstanding securities of each of (A) the continuing or surviving
entity and (B) any direct or indirect parent corporation of such continuing or surviving entity; (ii) the sale, transfer or other disposition of all or substantially all of the assets of
PSI; (iii) a change in the composition of the Board, as a result of which fewer than 50% of the incumbent directors (or persons whose nomination for election as director has been approved by
incumbent directors) are directors; or (iv) any transaction as a result of which any person is the "beneficial owner" (as defined in Rule 13d-3 under the Securities Exchange
Act of 1934, as amended), directly or indirectly, of securities of PSI representing at least 50% of the total voting power represented by PSI's then outstanding voting securities. For purposes of the
definition of "Change in Control," the term "person" shall have the same meaning as when used in Sections 13(d) and 14(d) of the Securities Exchange Act but shall exclude (A) a trustee or other
fiduciary holding securities under an employee benefit plan of PSI or of a parent or subsidiary of PSI and (B) a corporation owned directly or indirectly by the stockholders of PSI in
substantially the same proportions as their ownership of the common stock of PSI. 

11.    Award not a Service Contract.    

        The
Award is not an employment or service contract, and nothing in the Award shall be deemed to create in any way whatsoever any obligation on PSI or an Affiliate to continue
Participant's employment or service. In addition, nothing in the Award shall obligate PSI or an Affiliate, their respective stockholders, Boards of Directors, officers or employees to continue any
relationship that Participant may have as an employee of PSI or an Affiliate. 

12.    Withholding Obligations.    

        12.1   If
PSI becomes obligated to withhold an amount on account of any federal, state, or local tax imposed as a result of the sale of the Shares to Participant
pursuant to this Agreement or the termination of the restrictions imposed upon the Shares hereunder, including, without limitation, any federal, state or other income tax, or any F.I.C.A., state
disability insurance tax or other employment tax (the date upon which PSI becomes so obligated shall be referred to herein as the "Withholding Date"), Participant shall pay such amount (the
"Withholding Liability") to PSI on the Withholding Date. Participant may satisfy the Withholding Liability by paying such amount in cash or by check payable to PSI or by having PSI withhold such
amount from compensation that is otherwise payable to Participant (including the Shares, provided that the Participant has not made an election under Section 83(b) of the Internal Revenue Code
("Section 83(b) Election") with respect to the Shares). Unless you otherwise notify PSI by written notice to
[                        ] at least  [10] days prior to the Vesting Date of
the Shares that you are electing to pay the applicable taxes by cash or check
payable to PSI, or having given the required notice, you fail to make such payment at least [three] days prior to such Vesting
Date, PSI is hereby authorized to withhold the Withholding Liability by causing the transfer to PSI of the number of Shares necessary to satisfy the Withholding Liability; provided, however, that in
the event that Participant makes a Section 83(b) Election, it shall not be entitled to use the Shares to satisfy the Withholding Liability. Such Shares shall be valued, for this purpose, at
Fair Market Value on the Vesting Date. If Participant makes a Section 83(b) Election, Participant hereby 

3

 

consents
to PSI withholding the full amount of the Withholding Liability from any compensation or other amounts otherwise payable to Participant if Participant does not pay the Withholding Liability
to PSI on the Withholding Date, and Participant agrees that the withholding and payment of any such amount by PSI to the relevant taxing authority shall constitute full satisfaction of PSI's
obligation to pay such compensation or other amounts to Participant. 

        12.2   Unless
the Withholding Liability of PSI is satisfied, PSI shall have no obligation to issue a certificate for any of the Shares. 

13.    83(b) Election.    

        Participant
understands that the income that he or she recognizes for income tax purposes as a result of the award of Shares hereunder, and the Withholding Liability and Withholding Date
with respect thereto, would be affected by a decision by Participant to make a Section 83(b) Election with respect to the Shares within 30 days of the Date of Grant. Participant
understands and agrees that he or she will have the sole responsibility for determining whether to make an 83(b) Election with respect to the Shares, and for properly making such election and
filing the election with the relevant taxing authorities on a timely basis. Participant will not rely on PSI for any advice in connection with the decision whether to make, or the procedures for
making, the 83(b) Election, and acknowledges that PSI has urged Participant to consult his or her own tax advisor with respect to the Shares. Participant shall submit to PSI a copy of any 83(b)
Election with respect to the Shares immediately upon filing such election with the relevant taxing authority (and in no event later than five days after of the filing of such election with the
Internal Revenue Service). The amount includible in Participant's income as a result of the Section 83(b) Election shall be subject to applicable federal, state and local withholding
requirements, which shall be paid by the Participant in accordance with Section 12 of this Agreement and may not be satisfied by the withholding of any Shares. 

14.    Representations.    

        Participant
has reviewed with his or her own tax advisors the federal, state, local and foreign tax consequences of this investment and the transactions contemplated by this Agreement.
Participant is relying solely on such advisors and not on any statements or representations of PSI or any of its agents. Participant understands that he or she (and not PSI) shall be responsible for
any tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement. 

15.    Notices.    

        Any
notices provided for in the Award or the Plan shall be given in writing and shall be deemed effectively given upon receipt or, in the case of notices delivered by mail by PSI to
Participant, five days after deposit in the United States mail, postage prepaid, addressed to Participant at the last address provided by Participant to PSI. 

16.    Survival of Terms.    

        This
Agreement shall apply to and bind Participant and PSI and their respective permitted assignees and transferees, heirs, legatees, executors, administrators and legal successors. 

17.    Failure to Enforce not a Waiver.    

        The
failure of PSI or Participant to enforce at any time any provision of this Agreement shall in no way be construed to be a waiver of such provision or of any other provision hereof. 

18.    Amendments.    

        This
Agreement may be amended or modified at any time only by an instrument in writing signed by each of the parties hereto. 

4

 

19.    Authority of the Committee.    

        The
Committee shall have full authority to interpret and construe the terms of this Agreement. The determination of the Committee as to any such matter of interpretation or construction
shall be final, binding and conclusive. 

20.    Miscellaneous.    

        20.1   The
rights and obligations of PSI under the Award shall be transferable to any one or more persons or entities, and all covenants and agreements hereunder
shall inure to the benefit of, and be enforceable by PSI's successors and assigns. 

        20.2   Participant
agrees upon request to execute any further documents or instruments necessary or desirable in the sole determination of PSI to carry out the
purposes or intent of the Award. 

        20.3   Participant
acknowledges and agrees that he or she has reviewed the Award in its entirety, has had an opportunity to obtain the advice of counsel prior to
executing and accepting such Award and fully understands all provisions of the Award. 

21.    Governing Plan Document.    

        The
Award is subject to all the provisions of the Plan, the provisions of which are hereby made a part of Participant's Award, and is further subject to all interpretations, amendments,
rules and regulations which may from time to time be promulgated and adopted pursuant to the Plan. In the event of any conflict between the provisions of the Award and those of the Plan, the
provisions of the Plan shall control. 

        Participant
represents that he or she has read this Agreement and is familiar with its terms and provisions. Participant hereby agrees to accept as binding, conclusive and final all
decisions or interpretations of the Committee upon any questions arising under this Agreement. 

22.    Compliance With Applicable Laws.    

        22.1   Participant
will do all acts and things, execute, acknowledge and deliver all documents and instruments, and make all representations and warranties that
are necessary or appropriate, in the judgment of PSI, for the grant, vesting, holding or transfer of the Shares to comply with applicable laws. Without limiting the generality of the foregoing, the
Participant hereby represents and warrants that: 

          (i)  He
or she has such knowledge and experience in financial matters that he or she is capable of evaluating the merits and risks of the acquisition of the Shares; he or
she is sufficiently aware of PSI's business affairs and financial condition to reach an informed and knowledgeable decision to acquire the Shares and has been provided a copy of PSI's most recent
Annual Report on Form 10-K and Form 12b-25 Notification of Late Filing. He or she is acquiring the Shares for his or her own account for investment purposes only
and not with a view to, or for the resale in connection with, any "distribution" thereof for purposes of the Securities Act of 1933, as amended, and the rules promulgated thereunder (the
"Securities Act"). 

         (ii)  He
or she further understands that the Shares have been issued without registration under the Securities Act and must be held indefinitely unless subsequently
registered under the Securities Act or unless an exemption from registration is otherwise available (such as Rule 144 under the Securities Act). In addition, he or she understands that the
certificate evidencing the Shares will be imprinted with a legend which prohibits the transfer of the Shares unless they are registered or such registration is not required in the opinion of counsel
for PSI. 

        (iii)  He
or she understands that at the time he or she wishes to sell the Shares, there may be no public market upon which to make such a sale, and that, even if such a
public market then 

5

 

exists,
PSI may not be satisfying the current public information requirements of Rule 144, and that, in such event, he would be precluded from selling the Shares under Rule 144 even if
the minimum holding periods had been satisfied. 

        (iv)  He
or she acknowledges that he or she has been given the opportunity to ask questions and receive answers concerning the terms and conditions of the issuance of the
Shares and to obtain any additional
information which PSI possesses or can acquire without unreasonable effort or expense that is necessary to verify the accuracy of information provided as described in Section 23.1(i). 

        22.2    Securities Law Compliance.    PSI may impose such restrictions, conditions or limitations as it determines
appropriate as to the timing and manner of any resales by Participant or other subsequent transfers by Participant of any Shares issued as a result of or under this Award, including without limitation
(i) restrictions under an insider trading policy, (ii) restrictions that may be necessary in the absence of an effective registration statement under the Securities Act of 1933, as
amended, covering the Shares and (iii) restrictions as to the use of a specified brokerage firm or other agent for such resales or other transfers. Any sale of the Shares must also comply with
other applicable laws and regulations governing the sale of such shares. 

23.    Community Property.    

        Without
prejudice to the actual rights of the spouses as between each other, for all purposes of this Agreement, the Participant shall be treated as agent and
attorney-in-fact for that interest held or claimed by his or her spouse with respect to any Shares and the parties hereto shall act in all matters as if the Participant was the
sole owner of such Shares. This appointment is coupled with an interest and is irrevocable. 

24.    Governing Law.    

        This
Agreement will be governed by the internal laws of the State of Delaware without reference to its conflicts of law provisions. 

25.    Venue; Service of Process.    

        Any
legal action, arbitration or other legal proceeding relating to this Agreement or the enforcement of any provision of this Agreement may be brought or otherwise commenced in any
state or federal court located in the County of San Diego, California. Each party to this Agreement: (i) expressly and irrevocably consents and submits to the jurisdiction of each state and
federal court located in the County of San Diego, California (and each appellate court located in the State of California) in connection with any such legal proceeding or arbitration;
(ii) agrees that each state and federal court located in the County of San Diego, California shall be deemed to be a convenient forum; and (iii) agrees not to assert (by way of motion,
as a defense or otherwise), in any such legal proceeding or arbitration commenced in any state of federal court located in the County of San Diego, California, any claim that such party is not subject
personally to the jurisdiction of such court, that such legal proceeding or arbitration has been brought in an inconvenient forum, that the venue of such proceeding is improper or that this Agreement
or the subject matter of this Agreement may not be
enforced in or by such court. Process in any action or proceeding referred to in this section may be served on any party anywhere in the world. 

[signature
page follows] 

6

        IN
WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first above written. 

	 Peregrine Systems, Inc.	 	Participant
	

By:	

 	
 	

 
	 	
	 	

	 	Signature	 	Signature
	

Name:	

 	
 	

 
	 	
	 	 
	

Title:	

 	
 	

 
	 	
	 	 

CONSENT OF SPOUSE 

        The
undersigned spouse of the Participant hereby acknowledges that: I have read the foregoing Restricted Stock Agreement and that I understand its contents. I am aware that the Agreement
imposes restrictions on the transfer of such Shares. I agree that my spouse's interest in the Shares is subject to this Agreement and any interest I may have in such Shares shall be irrevocably bound
by this Agreement and further that my community property interest, if any, shall be similarly bound by this Agreement. 

        I
am aware that the legal, financial and other matters contained in this Agreement are complex and I am free to seek advice with respect thereto from independent counsel. I have either
sought such advice or determined after carefully reviewing this Agreement that I will waive such right. 

	Dated:	As of                        , 200  	 	 
	 	 	 	

ATTACHMENT II

2003 EQUITY INCENTIVE PLAN 

QuickLinks

Exhibit 10.90

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00092-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00092-of-00352.parquet"}]]