Document:

Exhibit 10.11

RESTRICTED STOCK UNIT AGREEMENT

LAWSON SOFTWARE, INC.

1996 STOCK INCENTIVE PLAN

1.             Award
of Restricted Stock Units.  Pursuant
to the Lawson Software, Inc. 1996 Stock Incentive Plan (the “Plan”), Lawson
Software, Inc., a Delaware corporation (the “Company”) awards (the “Award”) to
the participant (“Participant”) whose name is specified on the Certificate of
Restricted Stock Unit Award on the Salomon Smith Barney website at
www.benefitaccess.com (the “Certificate”), units of restricted common stock (“Common
Stock” of the Company as follows:

The Company awards to Participant the number of “Restricted Stock Units”
shown on the Certificate, subject to the terms and conditions set forth in the
Plan, this Restricted Stock Unit Agreement (“Agreement”) and the
Certificate.  The Award Date for the
Restricted Stock Units is stated on the Certificate.  No shares of Common Stock will be issuable to
Participant under the Award unless and until the Restricted Stock Units vest as
described in the Agreement.  By participating in the Plan, Participant
shall be deemed to have accepted all the terms and conditions of the Plan and
this Agreement and the terms and conditions of any rules and regulations
adopted by the Committee and shall be fully bound thereby.

2.             Restricted
Stock Units Subject to Plan; Definitions. 
The Restricted Stock Units are subject to the terms and conditions of
the Plan, and the terms of the Plan shall control to the extent not otherwise
inconsistent with the provisions of this Agreement.  The Restricted Stock Units are subject to any
rules promulgated pursuant to the Plan by the Board of Directors of the Company
or the Committee.  The capitalized terms
not otherwise defined in this Agreement have the same meanings assigned to them
in the Plan.

2.1           The term “Actual
Number of Employment Days” means the number of calendar days between the Award
Date and the date of Termination of Participant’s Service.

2.1           The term “Cause”
means Termination of Participant’s Service initiated by the Company or its Subsidiaries
because of:  (1) if Participant has
entered into any written and executed contract(s) with the Company or its
Subsidiaries, any material breach by Participant of such contract that has a
material adverse effect on the Company or any Subsidiary (as reasonably
determined by the Company) and which is not or cannot reasonably be cured
within five days after written notice from the Company to Participant; (2) any
material violation by Participant of the Company’s or a Subsidiary’s policies,
rules or regulations that has a material adverse effect on the Company or any
Subsidiary (as reasonably determined by the Company) and which is not or cannot
be cured within five days after written notice from the Company to Participant;
(3) commission of any act of fraud, embezzlement or dishonesty by Participant
that is materially injurious to the Company or any Subsidiary (as reasonably
determined by the Company); (4) any other intentional misconduct by Participant
adversely affecting the business or affairs of the Company or any Subsidiary in
any material manner (as reasonably determined by the Company); or (5)
intentional or willful failure of Participant to perform Participant’s
responsibilities as an employee of the Company or any 

 

Subsidiary (other than
as a result of permitted leave of absence, vacation, injury or illness), unless
cured to the reasonable satisfaction of the Company within five days after
written notice to Participant describing the failure.

2.2           The term “Certificate
Vesting Date” means the vesting date specified in the Certificate.

2.3           The term “Change
in Control Transaction” means (1) the closing of a tender offer or exchange
offer for the ownership of 50% or more of the outstanding voting securities of
the Company; (2) the Company shall have entered into a definitive agreement
with respect to a tender offer, exchange offer or merger, consolidation or
other business combination with another corporation and as a result of such
tender offer, exchange offer, merger, consolidation or combination 50% or fewer
of the outstanding voting securities of the surviving or resulting corporation
are owned in the aggregate by the former stockholders of the Company, other
than affiliates (within the meaning of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”)) of any party to such merger or consolidation, as
the same shall have existed immediately prior to such merger or consolidation;
(3) the Company shall have entered into a definitive agreement to sell
substantially all of its assets to another corporation which is not a direct or
indirect wholly owned Subsidiary of the Company; (4) a person, within the
meaning of Section 3(a)(9) or of Section 13(d)(3) (as in effect on the date of
this Agreement) of the Exchange Act, shall acquire 50% or more of the
outstanding voting securities of the Company (whether directly, indirectly,
beneficially or of record) (for purposes hereof, ownership of voting securities
shall take into account and shall include ownership as determined by applying
the provisions of Rule 13d-3(d)(1)(i) as in effect on the date of this
Agreement) pursuant to the Exchange Act; (5) approval by the stockholders of
the Company of a complete liquidation or dissolution of the Company; or (6)
individuals who constitute the Company’s Board of Directors on the date of this
Agreement (the “Incumbent Board”) cease for any reason to constitute at least a
majority thereof, provided that any person becoming a director subsequent to
the date of this Agreement whose election, or nomination for election by the
Company’s stockholders, was approved by a vote of at least 50% of the directors
comprising the Incumbent Board shall be, for purposes of this clause (6),
considered as though such person were a member of the Incumbent Board.  The definition of a “Change in Control” in
the 1996 Stock Incentive Plan shall not apply to this Award.

2.4           The term “Disability”
means Participant’s permanent disability as defined under any long term
disability plan of the Company, or in the absence of such plan, the inability
of Participant, due to illness or injury, to substantially perform Participant’s
duties (after taking into account any reasonable accommodation required by the
Americans with Disabilities Act, if applicable to Participant) for a period of
at least 180 consecutive days.   The determination of a Disability shall be
based on competent medical opinion.

2.5           The term “Fair
Market Value” has the meaning described in Section 2(m) of the Plan.

2.6           The term “Good Reason”
means:  the occurrence of any of the following
events:  (1) a job reassignment that does
not have at least a majority of comparable responsibilities as the assignment
in effect immediately prior to a Change in Control Transaction; (2) a reduction
in the Participant’s Base Pay as in effect immediately prior to a Change in
Control Transaction; (3) a reduction of more that 10% in Participant’s 

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target incentive cash compensation as in effect immediately prior to a
Change in Control Transaction; or (4) a requirement by the Employer that the
Participant be based anywhere other than within fifty miles of the Participant’s
work location immediately prior to a Change in Control Transaction (with
exceptions for temporary business travel that is consistent in both frequency
and duration with the Participant’s business travel before the Change in
Control Transaction).  The following
events are not considered “Good Reason”: 
(a) changes in organizational structure or reporting relationships,
changes in the number of direct reports, or change in Participant’s title; (b)
changes to equity incentive plans and other employee benefits plans, programs
or perquisites; or (c) termination or reassignment of the Participant’s
employment for Cause, or by reason of Disability or death of Participant.

2.7           The term “Initial
Number of Days During Vesting Period” means the number of calendar days between
the Award Date and the Certificate Vesting Date.

2.8           The term “Retirement”
means Termination of Participant’s Service at any time on or after the date on
which the Participant’s age plus years of full time employment with the Company
or any Subsidiary equals 65 or more.  The
definition of a “Retirement” in the 1996 Stock Incentive Plan shall not apply
to this Award.

2.9           The term “Shares” means
the shares of Common Stock subject to the Award, whether or not those shares
are Vested Shares.

2.10         The term “Subsidiary” or “Subsidiaries”
means any corporation at least a majority of whose securities having ordinary
voting power for the election of directors (other than securities having such
power only by reason of the occurrence of a contingency) is at the time owned
by the Company and/or one (1) or more Subsidiaries.

2.11         The term “Termination of
Participant’s Service” means the last day of Participant’s regular full time or
part time employment with the Company and its Subsidiaries.

2.12         The term “Vested Shares”
means the Shares with respect to which the Restricted Stock Units have vested
at any particular time, on a one-for-one basis (for example, if ten Restricted
Stock Units vest, ten Vested Shares of Common Stock will be issued on the
vesting date).

3.             Vesting
and Acceleration of Vesting.  Except
as specifically provided in this Agreement and the Plan, 100% of the Restricted
Stock Units will vest and become the right to receive Vested Shares on the Certificate
Vesting Date, but only if Participant has at all times been a regular full time
or part time employee of the Company or any Subsidiary from the Award Date to
the applicable vesting date.  No vesting
of the Restricted Stock Units shall occur after Termination of Participant’s
Service, except only to the extent described in Sections 3.1, 3.2 and 3.3
below.

3.1           Pro Rata Acceleration
of Vesting Upon Death, Disability or Retirement.  If there is a Termination of Participant’s
Service because of Participant’s death, Disability or Retirement, the following
pro rata portion of the Restricted Stock Units will vest and become the right
to receive the corresponding number of Vested Shares as of the date of
Termination of Participant’s Service:

 

	
  (Actual Number of Employment
  Days)

  	
   

  	
   

  
	
  (Initial Number of Days During Vesting Period)

  	
  X

  	
  (Restricted Stock Units) = (Vested Shares)

  

 

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If Termination of Participant’s Service is due to
death, Disability or Retirement, the pro rata acceleration of vesting under
this Section 3.1 will be deemed to have occurred immediately prior to such
Termination of Participant’s Service.

3.2           Automatic 100%
Acceleration of Vesting if Restricted Stock Units are Terminated In Connection
with a Change in Control Transaction. 
If the Restricted Stock Units are to be terminated upon the completion
of a Change in Control Transaction, then immediately prior to the Change in
Control Transaction (and if Participant is then an employee of the Company or
any Subsidiary):  (i) all conditions of
vesting will be assumed to have been met for 100% of the Restricted Stock Units
and (ii) Participant will have the right to immediately receive the number of
Vested Shares equal to the number of Restricted Stock Units.  The acceleration of vesting under this
Section 3.2 will be deemed to have occurred immediately before the completion
of the Change in Control Transaction.

3.3           Automatic 100%
Acceleration of Vesting Under Certain Conditions Within Two Years After a
Change in Control Transaction.  If
within two years after the completion of a Change in Control Transaction, there
is a Termination of Participant’s Service initiated by the Company or any
Subsidiary (or successor) other than for Cause or by the Participant for Good
Reason, then:  (i) all conditions of
vesting will be assumed to have been met for 100% of the Restricted Stock Units
and (ii) Participant will have the right to immediately receive the number of
Vested Shares equal to the number of Restricted Stock Units.  The acceleration of vesting under this
Section 3.3 will be deemed to have occurred immediately before the Termination
of Participant’s Service.

3.4           Leave of Absence.  The Company’s leave of absence procedure
concerning stock options, that is in effect as of the date of this Agreement,
will also govern the vesting of the Restricted Stock Units during a Company
approved leave of absence.

4.             Termination
and Forfeiture.  Except to the extent
described in Sections 3.1, 3.2 and 3.3 above, no vesting of the Restricted Stock
Units shall occur after the date of Termination of Participant’s Service and
all such unvested Restricted Stock Units will be irrevocably forfeited as of
5:01 p.m. United States Central on the date of Termination of Participant’s
Service and Participant will retain no rights with respect to the forfeited
Restricted Stock Units.

5.             No Transfer of Restricted Stock Units.  The
Restricted Stock Units cannot be sold, assigned, transferred, gifted, pledged,
hypothecated, or in any manner encumbered or disposed of at any time prior to
delivery of the Vested Shares underlying the Restricted Stock Units after the
Restricted Stock Units have vested pursuant to Section 3 above.

6.             Issuance and Custody of Certificate; Delayed
Delivery in Certain Cases.

6.1           Subject to the restrictions in this Section 6,
upon vesting of the Restricted Stock Units and following payment of any
applicable withholding taxes pursuant to Section 9 of this Agreement, the
Company shall promptly cause to be issued and delivered to Participant a
certificate or certificates evidencing such Vested Shares, free of any
restrictive legends and registered in the name of Participant or in the name of
Participant’s legal representatives, beneficiaries or heirs, as the case may
be, and shall 

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cause such certificate or certificates to be
delivered to Participant or Participant’s legal representatives, beneficiaries
or heirs.  Except as provided in Section
6.2 or 6.4, any income will be recognized by Participant on the date the
Participant first becomes eligible to receive the shares under Section 3.  If the issuance of shares is delayed pursuant
to Section 6.2 or 6.4, the Participant will recognize income on the date the
shares may first be issued in accordance with Section 6.2 or 6.4.

6.2           The issuance of any Common Stock in
accordance with this Award shall only be effective at such time that the sale
or issuance of Common Stock pursuant to this Agreement will not violate any
state or federal securities laws or other laws.

6.3           At any time after the vesting of the
Restricted Stock Units and prior to the issuance of the Vested Shares, if the
issuance of the Vested Shares to the Participant is prohibited due to
limitations under Section 6.2, the Company shall use its reasonable efforts to
remove such limitations.

6.4           If Participant is a “specified employee” for
purposes of Section 409A of the United States Internal Revenue Code (“Section
409A”), an exception to the payment restrictions of Section 409A does not apply,
and the Company is a publicly traded corporation at the time of Employee’s
termination of employment, then, notwithstanding any provision in this Agreement
to the contrary:  (a) the issuance of the Vested Shares shall be made to
Participant six months plus five business days following the date of Termination
of Participant’s Service (provided that at the time of actual payment
Participant has met all other requirements for that payment under this
Agreement), (b) no payment of such amount will be made to Participant before
the date described in clause (a) above, and (c) no dividend equivalents shall
accrue or be payable to Employee for any payments that are delayed pursuant to
this Section 6.4.

7.             Rights as Stockholder. 
Prior to the Restricted Stock Units vesting and Participant receiving the
Vested Shares underlying the Restricted Stock Units pursuant to Section 6
above, Participant shall not have ownership or rights of ownership of any
Common Stock underlying the Restricted Stock Units awarded hereunder.  Participant shall not be entitled to receive
dividend equivalents on the Restricted Stock Units.

8.             Adjustments.  In the event of any stock
split, stock dividend, recapitalization or combination of shares by the Company
after the Award Date, the number of Shares subject to the Restricted Stock
Units shall be equitably adjusted in the same manner as the Company’s
outstanding shares of Common Stock.  The
Committee will administer the process for completing that equitable
adjustment.  The number of Restricted
Stock Units designated in the Certificate has been adjusted for all stock
splits that were effective before the Award Date.

9.             Taxes.  To provide the Company with
the opportunity to claim the benefit of any income tax deduction which may be
available to it in connection with the Award, and to comply with all applicable
federal or state tax laws or regulations, the Company may take such action as
it deems appropriate to insure that, if necessary, all applicable federal or
state income taxes, social security taxes and other taxes are withheld or
collected from Participant.  In
accordance with the terms of the Plan, and such rules as may be adopted by the
Committee under the Plan, Participant may elect to satisfy Participant’s
minimum federal and state income tax withholding obligations arising from the
receipt of the Vested Shares, by:  (i)
delivering cash, check (bank check, certified check or personal check) or money
order payable to the Company, (ii) having the Company withhold a portion of the
Vested Shares otherwise to be delivered having a Fair 

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Market Value equal to the
amount of such taxes, or (iii) delivering to the Company shares of Common Stock
which have been owned by the Participant more than six months and which have a
Fair Market Value equal to the amount of such taxes.   The Company will not deliver any fractional
Vested Shares but will pay, in lieu thereof, the Fair Market Value of such
fractional Vested Shares.  Participant’s
election under this Section 9 must be made on or before the date that the amount
of tax to be withheld is determined.

10.           Participant’s Employment.  This
Agreement, the Certificate and the Plan are not an employment contract.  Nothing contained in this Agreement, the
Certificate or the Plan shall confer on Participant any right to continue in
the employ of the Company or any Subsidiary or other affiliate of the Company
or affect in any way the right of the Company or any Subsidiary or other
affiliate to terminate the employment of Participant at any time.  No compensation or benefit awarded to or
realized by Participant under the Plan or this Agreement shall be included for
the purpose of computing Participant’s compensation under any incentive
compensation plan or any compensation-based retirement, disability or similar
plan of the Company unless required by law or otherwise provided by such other
plan.

11.           No Trust or Fund Created. 
Neither the Plan nor this Agreement shall create or be construed to
create a trust or separate fund of any kind or a fiduciary relationship between
the Company or any Subsidiary and Participant or any other person.  To the extent that any Participant acquires a
right to receive Shares or payments from the Company or any Subsidiary pursuant
to the Award, such right shall be no greater than the right of any unsecured
creditor of the Company or any Subsidiary.

12.           Consent
to Internal Use of Personal Data. 
Participant consents to the Company’s and its Subsidiaries’ (and the
Company’s equity plan administrator) receiving and using personal data related
to Participant for employment-related purposes only and for gathering and
making required reports to government authorities.

13.           No
Right of Future Awards.  Nothing
contained in this Agreement, the Certificate or the Plan shall confer on
Participant any right to receive any additional stock awards in the future from
the Company, Subsidiary or any other affiliate of the Company or affect in any
way the right of the Company, Subsidiary or any other affiliate to terminate
the granting of equity awards at any time.

14.           Interpretation
of Terms; General.  The Committee
shall interpret the terms of the Award and this Agreement, the Certificate and
Plan and all determinations shall be final and binding.  The Award and this Agreement, the Certificate
and Plan (1) are governed by the laws of the State of Minnesota, (2) may be
amended only in writing, signed by an executive officer of the Company, and (3)
supersede any other verbal or written agreements or representations concerning
the Award.

15.           Official
Language.  The official language of
the Award and this Agreement, the Certificate and Plan is English.  Documents or notices not originally written
in English shall have no effect until they have been translated into English,
and the English translation shall then be the prevailing form of such documents
or notices.  Any notices or other
documents required to be delivered to the Company (or equity plan administrator)
under this Agreement, shall be translated into English, at Participant’s
expense, and provided promptly to the Company in English (to the attention of
the Company’s Corporate Secretary).  The
Company may also request an untranslated copy of such documents.

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16.           Signature
and Validity.  An executive officer
of the Company has signed this Agreement electronically on behalf of the
Company.   The Participant is deemed to
have signed this Agreement and agreed to all of its terms by having
electronically indicated Participant’s acceptance and agreement on the
Certificate on the Salomon Smith Barney website at www.benefitaccess.com.  If there is any discrepancy between the
number of Restricted Stock Units shown in the Certificate and the number shown
in the records of the Company’s Corporate Secretary, the records of the Company’s
Corporate Secretary shall prevail.

Lawson Software, Inc.

	
  By

  	
   

  	
   

  	
   

  
	
  Title

  	
   

  	
   

  	
   

  
					

 

 7Exhibit
10.34

Addendum

To

Employment Agreement

This Addendum is
effective June 1, 2006 (“Addendum”) and modifies the Employment Agreement, as
amended (“Agreement”) entered into effective June 2, 2005 between Lawson
Software, Inc., a Delaware corporation (now known as Lawson Software Americas,
Inc.) (“Company”) and Harry Debes (“Employee”), pursuant to Section 7.7 of the
Agreement.  Capitalized terms not
otherwise defined in this Addendum have the same respective meaning as defined
in the Agreement.  The sections of the
Agreement that are not expressly modified by this Addendum shall remain in
effect pursuant to their terms.

Section 3.9 of the Agreement is deleted in its
entirety and replaced with the following new Section 3.9:

3.9           Tier 1 Change in Control Severance
Pay Plan Is Applicable to Employee. 
The Lawson Software, Inc. Executive Change in Control Severance Pay Plan
for Tier 1 Executives (first adopted on January 17, 2005) will apply to
Employee on and after June 1, 2006 (the “Tier 1 CIC Plan”).  As stated in the Tier 1 CIC Plan, any
severance payments under the Tier 1 CIC Plan will be reduced by the amount of
any severance payments under this Agreement.

This Addendum may be signed in counterpart and by fax,
and is effective June 1, 2006.

	
  Lawson Software, Inc.

  	
   

  	
  Lawson Software Americas, Inc.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By

  	
  /s/ David R. Hubers

  	
   

  	
  By

  	
   

  	
   

  	
   

  
	
   

  	
  David R. Hubers,

  	
  Title

  	
   

  	
   

  	
   

  
	
   

  	
  Compensation Committee Chair

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  /s/ Harry Debes

  	
   

  	
   

  	
   

  
	
   

  	
  Harry Debes

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