Document:

Letter Agreement, dated 5/12/2010

 Exhibit 10.174 

May 12, 2010 
 Philip Osman 

5712
251st Court NE 

Redmond, Washington 98053 
 Dear Philip:

 Comverse, Inc. (“Comverse” or the “Company”) is pleased to offer you the position of Senior Vice President, Global
Services, initially reporting to the Company’s Chief Executive Officer and thereafter, to the Chief Operating Officer or person serving in a similar capacity for the Company, Mr. Andre Dahan and based out of Comverse’s office in
Somerset, New Jersey. 
  

	 	1.	This offer is subject to satisfactory completion of the following as determined by the Company: 

 

	 	•	 	 Completion of an I-9 form and appropriate proof of authorization to work in the United States in accordance with the Immigration Reform and Control Act
of 1986. 

  

	 	•	 	 Your signing and returning of the Employee Confidentiality, Intellectual Property, Non-Solicitation and Non-Competition Agreement, enclosed for your
review and which must be signed and returned to the Company prior to your first day of work. 

  

	 	2.	Your initial annual gross base salary will be $350,000, less lawful deductions, payable in accordance with the regular payroll practices of the Company. Thereafter,
your annual base salary will be reviewed no less frequently than annually and Comverse may, in its discretion, make adjustments to your compensation due to business circumstances and your work performance; provided, however, that no adjustments
shall result in adjustments other than as part of an across-the-board reduction applicable to all senior executives of the Company that results in a proportional reduction to your base salary compared to that of other executives. As a non-exempt
employee, you understand and agree that you are not eligible for overtime and to abide by Comverse’s United States Overtime Policy in effect at the time you earn overtime compensation. The Company’s United States Overtime Policy can be
found on the Company’s intranet. 

  

	 	3.	During your term of employment, you will be entitled to participate in the Company’s executive fringe benefit programs applicable to the Company’s
senior-level executives (if any) in accordance with the terms and conditions of such programs as in effect from time to time. During the term of employment, you will be entitled to an annual additional supplemental payment of $14,000 payable as
additional salary (but not deemed base salary for other purposes under this offer letter) during the course of the year in accordance with the regular payroll practices of the Company. 

 

	 	4.	 In addition to your base salary, your maximum annual bonus opportunity for each fiscal year will be $750,000 and your target bonus opportunity will be
$350,000 (and, in each case, will be adjusted based on future increases in your annual base salary) and will be payable based upon the achievement of performance criteria developed by the Company’s Chief Executive Officer; provided,
however, your bonus for fiscal year 2010 shall not be less than sixty thousand dollars ($60,000). Any bonuses shall be payable in the fiscal year following the applicable fiscal year when bonuses are customarily payable under the
Company’s regular payroll practices, but in no event later than 2 and
 1/2 months following the end of the applicable
fiscal year. 

	 	5.	 You will be eligible to participate in any plan or arrangement offered from time to time to other similarly situated employees with respect to
severance upon termination of employment. If you are terminated without cause by Comverse, you will be entitled to (i) a lump sum payment equal to the sum of (A) 75% of your annual base salary and (B) 75% of your target bonus and
(ii) any annual bonus earned, but unpaid, as of the date of termination for the immediately preceding fiscal year, payable when bonuses are paid by the Company to its senior-level executives in respect of such fiscal year (but not later than
2- 1/2 months after the end of such fiscal year).
“Cause” shall, for the purpose of this offer, be defined as a good faith finding by Comverse of (i) a material violation of any of the provisions of this offer or the attached Confidentiality, Assignment of Inventions and
Non-Competition Agreement, some other material breach of duty owed by you to Comverse, material violation of a material Comverse policy or procedure, (ii) fraud or dishonesty, theft of Comverse assets, (iii) gross negligence or misconduct,
or (iv) the conviction or plea of nolo contendere to a felony or crime of moral turpitude; provided, however, that no finding of Cause pursuant to subsections (i) or (iii) hereof shall be effective unless and
until the Company has provided you with written notice thereof stating with specificity the facts and circumstances underlying the finding of Cause and, if the basis for such finding of Cause is capable of being cured by you, providing you with an
opportunity to cure the same within thirty (30) calendar days after receipt of such notice. As a condition precedent to receiving the payments contemplated by this paragraph, you will be required to execute and deliver to the Company a waiver
and release substantially in the form attached to this offer letter as Addendum A. 

 In the
event of a termination of your employment by Comverse without Cause, you shall be under no obligation to seek other employment and there shall be no offset against amounts due to the you under this letter on account of any compensation attributable
to any subsequent compensation you may receive. The Company’s obligation to make the payments provided for in this letter and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense
or other claim, right or action which the Company may have against you or others; provided that the foregoing shall in no way limit the Company’s remedies upon a breach or threatened breach of the restrictive covenants in the attached
Confidentiality, Assignment of Inventions and Non-Competition Agreement. 
  

	 	6.	You will be eligible to participate in its Executive Severance Protection Plan applicable to senior level executives such as yourself. The plan protects eligible
participants in the event of employment termination without cause following, or in anticipation of, a change in control of Comverse. Under the terms applicable to you, if a change in control occurs, and you are terminated without cause, under
certain circumstances you would be eligible to (i) receive 100% of your annual base salary and target bonus amount as severance; (ii) receive the pro-rated amount of the actual bonus you would have earned for the year in which termination
occurs; (iii) continue to receive health care and certain other benefits for a period of twelve (12) months; and (iv) receive the benefit of the acceleration of all vesting for equity incentive awards. 

 

	 	7.	 The Company’s Chief Executive Officer will recommend that the Compensation and Leadership Committee recommend and the Board approve, at its first
scheduled meetings after the date hereof, a grant of 40,000 deferred stock units representing the right to receive, upon vesting, shares of Comverse Technology, Inc. common stock (“Common Stock”) in accordance with the terms and conditions
of the Company’s 2004 Stock Incentive Compensation Plan. Shares of 

	 	
Common Stock in respect of the award will vest and be delivered, contingent upon your continued employment with Comverse, as follows: forty percent (40%) on the first anniversary of your
start date, and thirty percent (30%) of the award on each of the second and third anniversaries of your start date. 

In addition, the Company’s Chief Executive Officer will recommend that the Compensation and Leadership Committee
recommend and the Board approve, at its first scheduled meetings after the date hereof, a special, one-time grant of 30,000 deferred stock units representing the right to receive, upon vesting, shares of Common Stock in accordance with the terms and
conditions of the Company’s 2004 Stock Incentive Compensation Plan (the “Make Whole Award”). One-third
( 1/3) of the Make Whole Award would be
scheduled to vest, and shares of Common Stock in respect thereof delivered, contingent upon your continued employment with Comverse, on each of the first, second and third anniversary of the Effective Date. Upon any termination of your employment by
the Company without Cause, the unvested portion of your Make Whole Award shall immediately vest. 
 The deferred stock
award would be documented using the form of the Comverse Technology, Inc. Deferred Stock Award Agreement. 
 During the term of
your employment, you will be eligible to receive equity awards under the Comverse Technology, Inc. stock incentive plans based on your performance and the performance of the Company, as recommended by the Company’s Chief Executive Officer and
determined in the good faith discretion of the Comverse Technology, Inc. Board of Directors and/or Compensation and Leadership Committee, as applicable, and consistent with your role and responsibilities as Senior Vice President, Global Services of
the Company, with such awards to be assessed on an annual basis. 
  

	 	8.	As an employee of our Company, you will be eligible to enroll and receive Company benefits which currently include: 

 

	 	•	 	 Medical insurance, dental insurance and vision coverage 

	 	•	 	 Life, accident, short-term and long-term disability insurance 

	 	•	 	 401(K) 

	 	•	 	 Dependent and health care flexible spending accounts 

	 	•	 	 Company holidays, 17 paid working days off (PTO) per year and seven (7) accrued illness/personal days per year. 

Employee eligibility to receive benefits and/or participate in benefit programs is governed by the applicable plan documents and Company
policies. As an employee of Comverse, you agree to abide by all material Company policies and procedures for employees. All Company policies applicable to employees can be found on the Company’s intranet. The Company reserves the right to
modify its offered benefits and policies periodically. Further information regarding Company benefits will be provided during a new hire orientation, to be conducted when you start your employment. 

 

	 	9.	 During your term of employment, you are authorized to incur reasonable business expenses in carrying out your duties and responsibilities under this
offer letter, and the Company will reimburse you for all such reasonable business expenses, subject to documentation in accordance 

	 	
with the Company’s policies relating thereto. In addition, the Company shall pay for reasonable legal fees and expenses up to an amount of $10,000 that you have incurred in connection with
the negotiation and drafting of this offer letter. 

  

	 	10.	In accordance with Comverse’s relocation programs, policies and practices in effect at the time of this offer letter, you will be eligible for the relocation
services and benefits outlined within this section of this offer letter. Comverse will provide the services and cover the costs incurred from the offered services listed below to relocate you to the Somerset, New Jersey area as you will be based in
the Company’s Somerset, New Jersey office. 

 The relocation services offered to you within the terms of this
offer letter is limited to $80,000.00. If the following services exceed the stated amount, you will be responsible for the balance of the costs. Any relocation service not specifically provided below will not be part of the relocation services
offered to you. You will be paid on the last regular payroll date of the Company following August 1, 2010, a one-time bonus equal to the difference between $80,000 and the aggregate amount of relocation services paid or reimbursed on your
behalf by the Company or submitted by you prior to August 1, 2010; provided, however, that from and after August 1, 2010, you shall no longer be entitled to submit requests for reimbursement of any relocation services. 

 

	 	•	 	 Coach-class, (1)-way airfare to New Jersey for you and your spouse. 

 

	 	•	 	 Movement of household goods by a company-approved shipment vendor (inclusive of packing, loading, insurance and thirty (30)-day storage of goods) from
your current residence in Washington to New Jersey. 

  

	 	•	 	 Reimbursement of real estate commission and closing costs as a result of the sale of your current primary residence in Redmond, Washington.

 If you voluntarily terminate or otherwise leave your employment for reasons within your own control (other
than death or disability), or if you are terminated by Comverse for cause within one (1) year from the date of the effective date of your employment with Comverse, you will be required to promptly re-pay the costs of all relocation services
provided to you and the amount of the one-time bonus referenced above and as contained within this offer and any other additional costs directly associated with your relocation, paid for or reimbursed by Comverse. This full amount will be deducted
from your final pay. If your final pay is not sufficient to cover all of the expenses, you agree to pay Comverse upon demand the remaining balance. 

Joy Lee will be your contact for relocation assistance. She can be reached at joy.lee@comverse.com or by phone at
(781) 224-8549. 
  

	 	11.	Compliance with Code Section 409A 

If any payment, compensation or other benefit provided to you in connection with your employment termination is determined, in whole or in
part, to constitute “nonqualified deferred compensation” within the meaning of Section 409A of the Internal Revenue Code, as amended (the “Code”), and you are a specified employee as defined in Section 409A(2)(B)(i), no
part of such payments shall be paid before the day that is six (6) months plus one (1) day after the date of termination or earlier death (the “New Payment Date”). The aggregate of any payments that

 
otherwise would have been paid to you during the period between the date of termination and the New Payment Date will be paid to you in a lump sum on such New Payment Date. Thereafter, any
payments that remain outstanding as of the day immediately following the New Payment Date will be paid without delay over the time period originally scheduled, in accordance with the terms of this offer letter. Notwithstanding the foregoing, to the
extent that the foregoing applies to the provision of any ongoing welfare benefits to you that would not be required to be delayed if the premiums therefor were paid by you, you will pay the full cost of premiums for such welfare benefits during the
six-month period and the Company shall pay you an amount equal to the amount of such premiums paid by you during such six-month period promptly after its conclusion. 

Each of Comverse and you acknowledge and agree that the interpretation of Section 409A and its application to the terms of this offer
letter is uncertain and may be subject to change as additional guidance and interpretations become available. Anything to the contrary herein notwithstanding, all benefits or payments provided by the Company to you that would be deemed to constitute
“nonqualified deferred compensation” within the meaning of Section 409A are intended to comply with Section 409A. If, however, any such benefit or payment is deemed to not comply with Section 409A, the Company and you agree
to renegotiate in good faith any such benefit or payment (including, without limitation, as to the timing of any severance payments payable hereof) so that either (i) Section 409A will not apply or (ii) compliance with
Section 409A will be achieved; provided, however, that any resulting renegotiated terms shall provide to you the after-tax economic equivalent of what otherwise has been provided to you pursuant to the terms of this offer letter, and provided
further, that any deferral of payments or other benefits shall be only for such time period as may be required to comply with Section 409A. 

A termination of employment shall not be deemed to have occurred for purposes of any provision of this offer letter providing for the
payment of any amounts or benefits subject to Section 409A upon or following a termination of employment unless such termination is also a “separation from service” within the meaning of Section 409A, and for purposes of any such
provision of this offer letter, references to a “resignation,” “termination,” “terminate,” “termination of employment” or like terms shall mean separation from service. 

All reimbursements for costs and expenses under this offer letter will be paid in no event later than the end of the calendar year
following the calendar year in which you incur such expense. With regard to any provision herein that provides for reimbursement of costs and expenses or in-kind benefits, except as permitted by Section 409A, (i) the right to reimbursement
or in-kind benefits shall not be subject to liquidation or exchange for another benefit, and (ii) the amount of expenses eligible for reimbursements or in-kind benefits provided during any taxable year shall not affect the expenses eligible for
reimbursement or in-kind benefits to be provided in any other taxable year, provided, however, that the foregoing clause (ii) shall not be violated with regard to expenses reimbursed under any arrangement covered by Section 105(b) of the
Code solely because such expenses are subject to a limit related to the period the arrangement is in effect. Any tax gross-up payments under this offer letter will be paid in no event later than the end of the calendar year following the year in
which any excise tax, income tax or other amount comprising a gross-up payment was remitted to the relevant taxing authority. 
  

	 	12.	 Please be advised your employment with Comverse will be “at will” which means that either you or Comverse may terminate your employment with
the Company at any time with or without cause or advance notice. Neither this offer letter, the Employee Confidentiality, Intellectual Property, Non-Solicitation and Non-Competition Agreement, nor the content of any discussions

	 	
with Comverse constitutes a contract of employment for any specified duration or a guarantee of any level of benefits or compensation. Consistent with the terms and conditions set forth in this
letter, Comverse reserves the right to change your position, place of work, rate of pay, and/or other terms of your employment based upon the needs of the Company. The terms of this offer supersede any other agreements or promises, written or oral,
made to you by anyone on behalf of the Company and you acknowledge that you have not relied upon any other written or verbal discussions concerning employment with Comverse. The terms of this offer cannot be modified or amended unless such a change
is made in writing and signed by an authorized representative of the Company. 

  

	 	13.	The Company confirms and acknowledges that the Company is obligated to indemnify you pursuant to the terms of the Company’s By-laws (without taking into account
any amendment to the Company’s By-laws adopted after your start date which reduces your rights to indemnification) and that you shall, in any event, be indemnified to the fullest extent permitted by law. You shall be entitled to the same
Director and Officer Insurance coverages as apply to other executive officers of the Company. 

  

	 	14.	Notwithstanding anything to the contrary contained in this letter, to the extent that any of the payments and benefits provided for under this letter or any other
agreement or arrangement between you and the Company (collectively, the “Payments”) (i) constitute a “parachute payment” within the meaning of Section 280G of the Code and (ii) but for this Section 14, would
be subject to the excise tax imposed by Section 4999 of the Code, then the Payments shall be payable either (i) in full or (ii) as to such lesser amount which would result in no portion of such Payments being subject to excise tax
under Section 4999 of the Code; whichever of the foregoing amounts, taking into account the applicable federal, state and local income taxes and the excise tax imposed by Section 4999, results in your receipt on an after-tax basis, of the
greatest amount of benefits under this letter, notwithstanding that all or some portion of such benefits may be taxable under Section 4999 of the Code. Unless you and the Company otherwise agree in writing, any determination required under this
Section shall be made in writing by the Company’s independent public accountants (the “Accountants”), whose determination shall be conclusive and binding upon you and the Company for all purposes. For purposes of making the
calculations required by this Section, the Accountants may make reasonable assumptions and approximations concerning applicable taxes and may rely in reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the
Code. The Company and you shall furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a determination under this Section. The Company shall bear all costs the Accountants may reasonably
incur in connection with any calculations contemplated by this Section. If the limitation set forth in this Section 14 is applied to reduce an amount payable to you, and the Internal Revenue Service successfully asserts that, despite the
reduction, you have nonetheless received payments which are in excess of the maximum amount that could have been paid to you without being subjected to any excise tax, then, unless it would be unlawful for the Company to make such a loan or similar
extension of credit to you, you may repay such excess amount to the Company as though such amount constitutes a loan to you made at the date of payment of such excess amount, bearing interest at 120% of the applicable federal rate (as determined
under Section 1274(d) of the Code in respect of such loan). 

  

	 	15.	 It is understood and agreed that this offer letter and the Employee Confidentiality, Intellectual Property, Non-Solicitation and Non-Competition
Agreement, constitute the entire agreement between Comverse and you with respect to your employment by the Company. In the case of a conflict between the terms of this offer letter and the Employee Confidentiality, Intellectual

	 	
Property, Non-Solicitation and Non-Competition Agreement, the terms of the Employee Confidentiality, Intellectual Property, Non-Solicitation and Non-Competition Agreement shall control. This
offer letter is governed by and construed and interpreted in accordance with the laws of the State of New York without reference to principles of conflicts of law unless superseded by federal law. You agree that any suit, action or other legal
proceeding that is commenced to resolve any matter arising under or relating to any provision of this offer letter shall be commenced only in a court of the State of New York (or, if appropriate, a federal court located within the State of New
York), and you consent to the jurisdiction of such court. Each party shall be responsible for paying its own fees and expenses (including reasonable attorney fees) in connection with any dispute under this offer letter. 

If you choose to accept our offer pursuant to the terms above, please sign this offer letter and the Employee Confidentiality, Intellectual Property,
Non-Solicitation and Non-Competition Agreement and return both original, signed documents to Comverse Technology, Inc., Attention: Human Resources Service Center Employment, 200 Quannapowitt Parkway, Wakefield, MA 01880. Please keep copies of
all signed documents for your own files. 
 This offer is valid until 5:00 PM U.S. EST
            . If we have not received your signed acceptance by this date and time, please be advised the offer is revoked and considered null and void. 

We look forward to welcoming you as part of the Comverse team. The opportunities for professional and personal growth at Comverse are great and we
believe your contributions will greatly increase the likelihood of our organization’s continued success. 
  

	
	Sincerely,
	
	 /s/ Andre Dahan

	
	Andre Dahan
	Chief Executive Officer
	Comverse, Inc.

 I have read the foregoing and agree to
these terms of employment with Comverse. 
  

	
	 /s/ Philip H. Osman

	Philip Osman
	
	 5/12/10

	Date:
	

 Enclosures:             Employee Confidentiality,
Intellectual Property, Non-Solicitation and Non-Competition Agreement 

                         
       Employment Eligibility Verification (I-9) 

 ADDENDUM A 

This RELEASE (“Release”) dated as of
                     between Comverse, Inc., a Delaware corporation (the “Company”), and Philip Osman (the
“Executive”). 
 WHEREAS, the Company and the Executive previously entered into an employment offer letter
dated May 12, 2010 under which the Executive was employed to serve as the Company’s Senior Vice President, Global Services (the “Offer Letter”); and 

WHEREAS, the Executive’s employment with the Company (has been) (will be) terminated effective
                    ; and 

WHEREAS, pursuant to the Offer Letter, the Executive is entitled to certain compensation and benefits upon such termination, contingent
upon the execution of this release; 
 NOW, THEREFORE, in consideration of the premises and mutual agreements contained herein
and in the Offer Letter, the Company and the Executive agree as follows: 
 1. The Executive, on his own behalf and on behalf of
his heirs, estate and beneficiaries, does hereby release the Company, and in such capacities, any of its subsidiaries or affiliates, and each of their respective past, present and future officers, directors, agents, employees, shareholders, employee
benefit plans and their administrators or fiduciaries, insurer of any such entities, and its and their successors and assigns and others related to such entities, in each case, only in such person’s capacity as such, from any and all claims
made, to be made, or which might have been made of whatever nature, whether known or unknown, from the beginning of time, including those that arose as a consequence of his employment with the Company, or arising out of the separation from the
Company, the severance of such employment relationship, or arising out of any act committed or omitted during or after the existence of such employment relationship, all up through and including the date on which this release is executed, including,
but not limited to, those which were, could have been or could be the subject of an administrative or judicial proceeding filed by the Executive or on his behalf under federal, state or local law, whether by statute, regulation, in contract or tort,
and including, but not limited to, every claim for front pay, back pay, wages, bonus, fringe benefits, any form of discrimination (including but not limited to, every claim of race, color, sex, religion, national origin, disability or age
discrimination), wrongful termination, tort, emotional distress, pain and suffering, breach of contract, fraud, defamation, compensatory or punitive damages, interest, attorney’s fees, reinstatement or reemployment, and any rights or claims
under the Civil Rights Act of 1866; the Age Discrimination in Employment Act; the Americans with Disabilities Act; the Family and Medical Leave Act, the Civil Rights Act of 1964, Title VII, as amended; the Civil Rights Act of 1991; the Employee
Retirement Income Security Act of 1974, as amended; the Equal Pay Act; the Worker Adjustment and Retraining Notification Act; or any other federal, state or local law relating to employment, discrimination in employment, termination of employment,
wages, benefits or otherwise. If any arbitrator or court rules that such waiver of rights to file, or have filed on his behalf, any administrative or judicial charges or complaints is ineffective, the Executive agrees not to seek or accept any money
damages or any other relief upon the filing of any such administrative or judicial charges or complaints. The Executive relinquishes any right to future employment with the Company and the Company shall have the right to refuse to re-employ the
Executive, in each case without liability of the Executive or the Company. The Executive acknowledges and agrees that even though claims and facts in addition to those now known or believed by him to exist

 
may subsequently be discovered, it is his intention to fully settle and release all claims he may have against the Company and the persons and entities described above, whether known, unknown or
suspected. 
 2. The Company and the Executive acknowledge and agree that the release contained in Paragraph 1 does not, and
shall not be construed to, release or limit the scope of, or preclude the Executive from asserting his rights to enforce any existing obligation of the Company (i) to indemnify the Executive for his acts as an officer of Company in accordance
with the Company’s By-laws and other agreements or the law, as to continued coverage and rights under director and officer liability insurance policies, (ii) to the Executive and his eligible, participating dependents or beneficiaries
under any existing group welfare, equity, or retirement plan of the Company in which the Executive and/or such dependents are participants or any existing rights relating to outstanding incentive equity held by the Executive under written agreements
relating to the same, or (iii) to pay any amounts payable under the terms of the Offer Letter (including, without limitation, any severance or other items payable following termination of Executive’s employment). In addition, Executive
does not waive his right to file a charge with the Equal Employment Opportunity Commission (“EEOC”) or participate in an investigation conducted by the EEOC; however, Executive expressly waives his right to monetary or other relief
should any administrative agency, including but not limited to the EEOC, pursue any claim on Employee’s behalf. 
 3. The
Executive acknowledges that before entering into this release, he has had the opportunity to consult with any attorney or other advisor of the Executive’s choice, and the Executive is hereby advised to do so if he chooses. The Executive further
acknowledges that by signing this release, he does so of his own free will and act, that it is his intention to be legally bound by its terms, and that no promises or representations have been made to the Executive by any person to induce the
Executive to enter into this release other than the express terms set forth herein. The Executive further acknowledges that he has carefully read this release, knows and understands its contents and its binding legal effect, including the waiver and
release of claims set forth in Paragraph 1 above. 
 4. The Executive acknowledges that he has been provided at least 21 days to
review the release. In the event the Executive elects to sign this release prior to this 21 day period, he agrees that it is a knowing and voluntary waiver of his right to wait the full 21 days. The Executive further understand that he has 7 days
after the signing hereof to revoke this release by so notifying the Company (200 Quannapowitt Parkway, Wakefield, Massachusetts, Attention: Human Resources) in writing, such notice to be received by the Company within the 7 day period. This Release
shall not become effective or enforceable, and no payments under the release shall be made, until this seven (7) day revocation period expires without the Executive having revoked this release. 

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

 

			
	COMVERSE, INC.
		
	By:	 	  

		 	Name:
		 	Title:

	
	THE EXECUTIVE
	
	  

	Philip OsmanEmp. Confidentiality, Intellectual Property, Non-Solicitation/Competition Agmt

 Exhibit 10.175 

EMPLOYEE CONFIDENTIALITY, 

INTELLECTUAL PROPERTY, NON-SOLICITATION AND 

NON-COMPETITION AGREEMENT 

This Employee Confidentiality, Intellectual Property, Non-Solicitation and Non-Competition Agreement (“Agreement”) is effective by and between
the Company and Philip Osman (the “Employee”). 
 In consideration of Employee’s employment by the Company, and the payment of
salary to Employee and for other valuable consideration, the receipt and adequacy of which Employee hereby acknowledges, Employee agrees (as either part of or in addition to Employee’s regular duties) as follows: 

1. Definitions: As used in this Agreement, the following terms have the meanings indicated: 

a. “Company” means Comverse, Inc. (“Comverse”) and, as appropriate, any currently existing or future parent,
subsidiary, or other affiliated entity that directly or indirectly controls, is controlled by, or is under common control with Comverse, and any of these companies’ successors and assigns, by which Employee is now or hereafter employed. In the
event that this Agreement is assigned by Company to a person or company who contemporaneously employs Employee, the “Company” shall thereafter be defined to mean and to refer to that assignee. 

b. “Company Competitor” has the meaning stated in Section 12 below. 

c. “Confidential Information” means information in any medium, whether written, oral, visual, electronic or other tangible or
intangible form, consisting of business, technical, financial, employment or personal information of the Company or of any customer, vendor, consultant, advisor or other third party with whom the Company has or is contemplating a business
relationship or other engagement (“Third Parties”), whether or not marked or otherwise identified as confidential or proprietary. Confidential Information includes, but is not limited to: data, technology, know-how, Inventions, Creative
Works, discoveries, designs, processes, formulations, models, equipment, algorithms, computer programs and software, in object code and source code, and any derivative works, modifications, fixes and enhancements thereto, cost information,
interfaces, technical documentation, product manuals, specifications, trade and business secrets, marketing and business plans, forecasts, projections and analyses, financial analyses and financial statements, sales, pricing and customer
information, employee and other personnel information or data, customer technical requirements, requests for proposals, installation and service procedures, maintenance and support programs, contracts, legal tactics and attorney work product and
information consisting of, concerning, or relating to, research and development work, current, future, planned or proposed products and pre-release devices. Confidential information does not include any information that (a) was in
Employee’s possession or known to Employee, without an obligation to keep it confidential, before such information was disclosed to Employee by the Company or Third Parties; or (b) is or becomes lawfully public knowledge through a source
other than Employee and through no fault of Employee. 
 d. “Creative Works” means any and all original works of
authorship fixed in any tangible medium of expression, including, but not limited to, writings, compilations of data, charts, drawings, software, videos, photographs, music, designs, and mask works, and further including, but not limited to, any
other subject matter for which copyright or mask work protection would apply, specifically including original or revised designs, computer software, advertising and marketing materials, instructional and procedural manuals, and related documents and
copies thereof. 

 e. “Duly Authorized Representative” means an employee of the Company at the Vice
President level or higher. 
 f. “Employment” means the period of time, including the time prior to the date signed
below, during which Employee was or is employed, either full or part-time, by any entity included within the definition of the Company. 

g. “Intellectual Property Rights” means the collection of proprietary legal rights in Inventions, Creative Works, Confidential
Information, and other related forms of intangible property that can be protected under various patent, copyright, mask work, trademark, trade secret and know-how, and related laws. 

h. “Inventions” means any and all discoveries, improvements, designs, and inventions, whether or not patentable, including, but
not limited to, any new or improved products, processes, methods, machines, systems, computer software, compositions of matter, and further including, but not limited to, any other subject matter for which a patent or inventor’s certificate may
be obtained. 
 2. Confidentiality: Employee acknowledges that, as a result of Employee’s Employment, Employee will have access to
Confidential Information and other valuable rights of the Company. In addition to all duties and obligations imposed by law on Employee, unless Employee has express prior written consent from a Duly Authorized Representative of the Company or any
attorney in the legal department of the Company to do otherwise, Employee agrees that, except as required by law: (i) Employee will treat as confidential and protect the secrecy of any Confidential Information that may be made available to
Employee, (ii) Employee will not disclose, publish, or otherwise make any Confidential Information known to the public or to any third party and (iii) Employee will not use any Confidential Information for the benefit of any person or
organization (including Employee) other than the Company. 
 3. Termination and Return of Company Property:  

a. Upon the termination of Employment for any reason, or at any other time that the Company may request, Employee shall promptly deliver
to the Company (and shall not delete or destroy (other than Confidential Information that is on his personal property and copies of which have been provided to the Company) all Confidential Information and all Company property, including any
originals and all copies of any documents, records, data, software or other property, whether stored on computers or in hard copy, obtained from the Company or a third-party. Such property shall include everything obtained during and as a
result of Employee’s employment with the Company, other than documents related to Employee’s compensation and benefits, such as pay stubs and benefit statements. In addition, Employee shall also return any phone, facsimile, printer,
computer, personal digital assistant (PDA), or other items or equipment provided by the Company. 
 b. Employee shall not access
the Company’s computer systems after the termination of Employee’s Employment. 
 c. If requested by the Company,
Employee shall attend an exit interview upon termination of Employment to ensure that Employee complies with the terms of this Agreement. 
  

 2 

 4. Third-Party Confidentiality:  

a. Employee shall not disclose to the Company or induce the Company to use any confidential or proprietary information belonging to
persons not affiliated with the Company, including any of Employee’s former employers. Employee also acknowledges that the Company has disclosed to Employee that the Company is now, and may be in the future, subject to duties to third parties
to maintain information in confidence and secrecy. By executing this Agreement, Employee consents to be bound by any such duty owed by the Company to any third party. 

b. Except for any prior obligations that Employee may have that are contained in any previous agreements of which Employee has attached a
copy hereto, Employee represents that Employee is not subject to any agreement containing a non-competition, non-solicitation, or any other restriction with respect to (i) the nature of any services or business that Employee is being hired to
perform or conduct for the Company, or (ii) the disclosure or use of any information that directly or indirectly relates to the business of the Company or to the nature of any services that Employee expects to be performing for the Company.

 c. Employee further represents that Employee has not disclosed or used, and will not disclose or use, during Employee’s
Employment, any confidential information that Employee acquired as a result of any previous employment or under a contractual obligation of confidentiality before the commencement of Employee’s Employment with the Company. 

5. Submission of Inventions and Creative Works: Employee shall promptly submit, to a designated representative of the Company, a written
description of all ideas, discoveries, improvements, designs, writings, and all Inventions and Creative Works, whether or not patentable or copyrightable, that Employee may conceive or make or author, either solely or jointly with others, at any
time during Employment, whether or not on Employee’s own time or with the Company’s resources, that relate to the present or anticipated business, research, or development of the Company; and Employee shall create, maintain, preserve, and
make available to the Company as part of the Company’s property, complete, accurate, and up-to-date records, including but not limited to, correspondence, prototypes, models, drafts, and other written or tangible data, of all such inventive and
creative activity. The Company shall promptly consider Employee’s written request to maintain any such submission in confidence. 
 6.
Ownership of Inventions: Employee hereby assigns and agrees to assign to the Company all right, title, and interest in any Inventions Employee conceives or makes, either solely or jointly with others, at any time during Employment, and
whether or not developed on Employee’s own time or with the Company’s resources, and Employees agrees that ownership is and shall reside in the Company; EXCEPT, however, that this assignment does not apply to, and Employee retains
ownership of, any Invention: (i) that does not relate to the present or anticipated business, research, or development of the Company; and (ii) that Employee can show did not involve the use of any equipment, supplies, facilities, or trade
secret information of the Company; and (iii) that did not result from any work Employee performed for the Company; and (iv) that Employee developed entirely on Employee’s own time. Any such Invention first reduced to practice within
twelve (12) months after termination of Employment shall be disclosed by Employee to the Company and treated as if conceived during such Employment unless Employee can establish specific events giving rise to the conception that occurred after
such Employment. Employee has specifically listed, in the space provided in Section 9 of this Agreement entitled “List of All Employee Prior Intellectual Property Rights”, any and all Inventions Employee conceived or made or acquired
prior to Employment, and Employee hereby disclaims ownership of and agrees not to assert against the Company any rights in any Inventions not so listed. The Company agrees to promptly consider Employee’s written request for a release of any
Invention for which this Agreement does not apply or in which the Company has no commercial interest. 
  

 3 

 7. Ownership of Creative Works: Employee acknowledges that all Creative Works that are covered by the
definition of a “work made for hire” under 17 U.S.C. § 101 of the U.S. Copyright Act of 1976 will be considered a “work made for hire”, and the Company will be regarded as the author and owner of all copyrights in any
such works. As to any Creative Works that are not “works made for hire” under the Copyright Act, such that Employee is regarded as the copyright author and owner, Employee hereby assigns and agrees to assign to the Company all right,
title, and interest in any such Creative Works authored, either solely or jointly with others, at any time during Employment, and whether or not developed on Employee’s own time or with the Company’s resources, and Employee agrees that
ownership is and shall reside in the Company; EXCEPT, however, that this assignment does not apply to, and Employee retains ownership of, any Creative Works: (i) that do not relate to the present or anticipated business, research, or
development of the Company; and (ii) that Employee can show did not involve the use of any equipment, supplies, facilities, or trade secret information of the Company; and (iii) that did not result from any work Employee performed for the
Company; and (iv) that Employee authored entirely on Employee’s own time. Employee has specifically listed, in the space provided in Section 9 of this Agreement entitled “List of All Employee Prior Intellectual Property
Rights”, any and all Creative Works Employee has authored or acquired prior to Employment that relate to the present or anticipated business, research, or development of the Company, and hereby disclaims ownership of and shall not assert
against the Company any rights in any Creative Works not so listed. The Company agrees to promptly consider Employee’s written request for a release of any Creative Works for which this Agreement does not apply or in which the Company has no
commercial interest. 
 8. Cooperation: Both during and after Employment, Employee shall cooperate with the Company and promptly review,
sign, and return all documents, communicate all pertinent information, and do anything else reasonably requested by the Company to obtain, maintain, enforce, and defend its Intellectual Property Rights and to vest in the Company all rights therein
free of all encumbrances and adverse claims. Employee will not be entitled to further compensation for these services, except that Employee will be entitled to receive reasonable compensation for the time reasonably required for such services
rendered after termination of Employment. 
 9. List of All Employee Prior Intellectual Property Rights: As required by Sections 6 and 7,
Employee hereby identifies all Inventions and Creative Works conceived or made or acquired, either alone or jointly with others, prior to Employment. Employee represents that this list is complete. If there is no information listed, Employee
represents that no such Inventions or Creative Works exist. 
  

			
	[    ]	  	No Inventions
		
	[    ]	  	See Below:
	
	  

	  

	  

		
	[    ]	  	Additional sheets attached

  

 4 

 10. At-Will Employment: Employee understands and acknowledges that this Agreement does not constitute
an employment contract for a specific term, and that Employee is free to resign from Employment and the Company is free to terminate Employment at any time, for any or no reason, with or without notice, except as otherwise stated in Employee’s
offer letter. 
 11. Future Employment: During Employment and for a period of twelve (12) months immediately following termination
of Employment for any reason (voluntarily or involuntarily), prior to accepting employment with any new employer that has been, is, or plans to be engaged in competition with the Company, Employee will inform such employer of the existence of this
Agreement and provide such employer with a copy. Employee authorizes the Company to forward a copy of this Agreement to any actual or prospective new employer, and inform any actual or prospective new employer of any concerns the Company may have
about actual or possible conduct by Employee that may be in breach of this Agreement. 
 12. Non-Competition: Employee shall not, during
Employment and for a period of twelve (12) months immediately following termination of Employment for any reason (voluntarily or involuntarily), directly or indirectly engage in any activity on behalf of a Company Competitor in any capacity
relating to any product(s) or service(s) on which Employee worked on behalf of the Company during Employment or about which Employee had access to Confidential Information during Employment. As used herein, “Company Competitor” means any
person or organization (including Employee acting independently) engaged in, or planning to engage in, any of the businesses of the Company, specifically including any activity related to the development, sale, production, manufacturing, marketing
or distribution of products or services which are in competition with the Company’s then current or intended products or services. The restrictions under this Section will be applicable in any state or country in which the Company then
conducts business or reasonably has plans to conduct business. It is not the intent of these restrictions to bar Employee from employment in a non-competitive capacity for any company whose general business is the manufacture of communications
equipment or delivery of communications services. 
 13. Non-Solicitation: Employee shall not, during Employment and for a period of
twelve (12) months immediately following termination of Employment for any reason (voluntarily or involuntarily), directly or indirectly, engage in, assist in, or be connected in any manner with: (i) the solicitation of business from any
of the Company’s clients or customers with whom Employee interacted as part of Employment (except for and on behalf of the Company), nor any attempt to induce any of the Company’s suppliers, licensees, clients, customers or other business
relations with whom Employee interacted as part of Employment to withdraw from, or reduce their business with, the Company; or (ii) the solicitation for employment, consulting, or contract work of any of the Company’s employees, nor any
attempt to induce any of the Company’s employees to leave employment with the Company, without the express prior written consent of a Duly Authorized Representative of the Company. 

14. Remedies: 
 a.
EMPLOYEE AGREES THAT THE DURATION AND GEOGRAPHIC SCOPE OF THE NON-COMPETITION AND NON-SOLICITATION PROVISIONS SET FORTH IN SECTIONS 12 AND 13 ARE REASONABLE AND ACCEPTABLE. 

b. Employee recognizes that the obligations to assign certain Inventions and Creative Works to the Company, not disclose or use
Confidential Information, and not to compete or solicit, are special, unique, and of extraordinary character, for which an action at law for monetary damages would not be 

 

 5 

 
adequate in the event of a breach. Therefore, in the event of any actual or threatened breach of those obligations, the Company shall be entitled, in addition to any other remedies available to
it, to specific performance, to preliminary, temporary or permanent injunctive relief, or to any other equitable relief that the court may find just and proper to enforce this Agreement, along with recovering reasonable attorneys’ fees and
costs of prosecuting any action. 
 c. In the event that an appropriate court determines that any provisions of Sections 12
(Non-Competition) and 13 (Non-Solicitation), including the provisions regarding duration, geographic scope, prohibited activities, or otherwise, are unenforceable, the restrictions and limitations of these paragraphs may be reduced or curtailed to
the extent necessary to render them enforceable and that those Sections shall remain in full force and effect for the greatest time period and in the greatest area that would not render them unenforceable. The Company and Employee intend Sections 12
and 13 to be a series of separate covenants, one for each and every county of each and every state of the United States of America and each and every political subdivision of each and every country outside the United States of America where those
provisions are intended to be effective. 
 15. Assignment: Employee acknowledges that the services to be rendered by Employee are unique
and personal. Accordingly, Employee may not assign any of Employee’s rights or delegate any of Employee’s duties or obligations under this Agreement. The Company may assign its rights and delegate any of its duties or obligations under
this Agreement in its sole discretion. 
 16. Notices: Any notice required or desired to be given under this Agreement shall be deemed
given only if in writing sent by overnight carrier or registered/certified mail as follows: 
  

	 	•	 	 If to Employee: To Employee’s most recent home address provided to the Company. 

 

	 	•	 	 If to Company: To Company’s then current mailing address and to the attention of Vice President of Americas HR Service Center.

 17. Applicable Law: This Agreement shall be governed by, and construed and enforced in accordance with, the laws of
the State of New York, without reference to its principles of conflict of laws. This Agreement is intended to supplement, and not supersede, any remedies or claims that may be available to the Company under applicable law, including any claims
asserting misappropriation of trade secrets or unfair trade practices. 
 18. New York Courts and Jury Waiver: Any action to enforce
arising out of, or relating in any way to, any of the provisions of this Agreement must be brought and prosecuted exclusively in such court or courts located in the State of New York; and the parties consent to the jurisdiction of said court or
courts located in the State of New York and to service of process by registered mail, return receipt requested, or by any other manner provided by law. TO THE FULLEST EXTENT PERMITTED BY LAW, THE PARTIES HEREBY EXPRESSLY WAIVE THEIR RIGHT TO A
JURY TRIAL FOR ANY CLAIM RELATING TO RIGHTS OR OBLIGATIONS UNDER THIS AGREEMENT. 
 19. Severability: If any provision of this
Agreement shall be held invalid or unenforceable, the remainder of this Agreement shall nevertheless remain in full force and effect. If any provision is held invalid or unenforceable with respect to particular circumstances, it shall nevertheless
remain in full force and effect in all other circumstances. 
  

 6 

 20. Waiver: No waiver by either party of any breach or violation of any provision of this Agreement
shall operate or be construed as a waiver of any subsequent breach or violation hereof. In the event that Employee believes that employment otherwise in violation of this Agreement would not harm the Company’s legitimate business interests,
Employee may request the Company to waive certain of the restrictions contained in this Agreement. Any such request shall be made, pursuant to Section 16 of this Agreement, in writing to the Company’s Vice President of Americas HR Service
Center and shall identify the business with whom the Employee seeks to associate and describe the duties that the Employee seeks to perform. The Company has the sole discretion whether to grant such a waiver. No waiver of any restrictions under this
Agreement will be effective unless in writing and signed by a Duly Authorized Representative of the Company. 
 21. Headings: The
headings contained in this Agreement are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement. 

22. Survival: 
 a.
Employee’s obligations under this Agreement and the Company’s rights under this Agreement shall survive the termination of Employee’s employment with the Company. 

b. Employee’s obligations hereunder shall continue in full force and effect in the event that Employee’s job title or
responsibilities or other conditions of Employment with the Company change subsequent to the execution of the Agreement, without the need to execute a new agreement. 

23. Amendments: This Agreement may not be amended, nor shall any waiver, change, modification, consent or discharge hereof be affected except by
an instrument in writing executed by or on behalf of the party against whom enforcement of any such amendment, waiver, change, modification, consent or discharge is sought. 

24. Entire Agreement: This Agreement is the entire agreement between the Company and Employee and supersedes any previous oral or written
agreement or understanding between the Company and Employee with respect to the subject matter hereof. No other representations, warranties, promises, or undertakings have been made or are valid other than those expressly contained in this
Agreement. 
 BY SIGNING THIS AGREEMENT, EMPLOYEE HEREBY CERTIFIES THAT EMPLOYEE HAS READ AND FULLY UNDERSTANDS THE MEANING OF ALL TERMS AND
CONDITIONS OF THIS AGREEMENT, INCLUDING THE ABOVE NOTICE REGARDING INVENTIONS, AND THAT EMPLOYEE ACKNOWLEDGES THE RIGHT TO SEEK INDEPENDENT LEGAL COUNSEL BEFORE SIGNING THIS AGREEMENT. 

Signed and Witnessed at
                                        ,
on
                                        ,
             
  

 7 

					
	EMPLOYEE:	  		 	COMVERSE, INC.
			
	 /s/ Philip H. Osman
	  		 	By:
	(Signature)	  		 	
			
	 Philip H. Osman
	  		 	 /s/ Andre Dahan

	(Printed Name)	  		 	(Signature)
			
	 5/12/10
	  		 	 Andre Dahan

	(Date)	  		 	(Printed Name)
			
		  		 	 CEO

		  		 	(Title)
			
		  		 	 5/12/10

		  		 	(Date)
		  		 	
		  		 	
	WITNESS:	  		 	
			
	  
	  		 	
	(Signature)	  		 	
			
	  
	  		 	
	(Printed Name)	  		 	

  

 8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}]]