Document:

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                               [VERITAS Letterhead]                EXHIBIT 10.75

                                                               November 11, 2002

Mr. Edwin Gillis

Re: Employment Agreement

Dear Ed:

On behalf of VERITAS Software Corporation ("VERITAS"), I am pleased to offer you
the position of Chief Financial Officer and Executive Vice President, Finance on
the terms set forth below.

1.       Position. You will be employed by Veritas as its Chief Financial
         Officer and as Executive Vice President, Finance, commencing upon the
         date specified at the end of this letter below the signature line (the
         "COMMENCEMENT DATE") and continuing thereafter until termination
         pursuant to Section 6. You will have overall responsibility for the
         management of Veritas worldwide financial affairs and operations and
         will report directly to the Chief Executive Officer of Veritas. You
         will be expected to devote your full working time and attention to the
         business of Veritas, and you will not render services to any other
         business without Veritas' prior approval according to its Conflicts of
         Interest Policy. You agree you will not, directly or indirectly, engage
         or participate in any business that is competitive in any manner with
         the business of Veritas. You will also be expected to comply with and
         be bound by the Company's operating policies, procedures and practices
         that are from time to time in effect during the term of your
         employment.

2.       Cash Compensation. Your cash compensation will include the following:

         (a)      Base Salary. A base salary of $18,125.00 paid semi-monthly,
                  equal to $435,000.00 on an annualized basis. Your base annual
                  salary will be payable in accordance with Veritas' normal
                  payroll practices, with such payroll deductions and
                  withholdings as are required by law. Your base salary will be
                  reviewed on an annual basis by the Chief Executive Officer of
                  Veritas and may be increased from time to time, in the
                  discretion of the Chief Executive Officer of Veritas, subject
                  to the approval of the Compensation Committee of the Board of
                  Directors of Veritas.

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         (b)      Bonus. You will be eligible to participate in the annual
                  Veritas officer EPS compensation plan, with a target bonus of
                  $290,000. You bonus will be (i) guaranteed on a pro-rated
                  basis (based on the target amount) for the portion of 2002
                  during which you are employed by VERITAS and (ii) guaranteed
                  at the target amount for 2003. Thereafter, this bonus will be
                  payable based on Veritas' EPS Bonus Plan for the corresponding
                  year. A copy of the current EPS Bonus Plan is attached hereto
                  as Exhibit A.

3.       Relocation Costs. In consideration of your relocation costs and
         expenses, Veritas will provide you with $180,000 for your housing
         expenses and an additional $100,000 for your relocation expenses. These
         amounts shall be paid to you over 12 months, in full, for use at your
         discretion, less any amounts withheld for taxes. If you have additional
         questions regarding Veritas relocation services, please contact Deborah
         Lang at Relocation Resources International, Inc. ("RRI") at
         800-258-7356. Please note that the Internal Revenue Service (the "IRS")
         requires certain relocation related expenses to be reported by you as
         taxable income. You may want to contact you tax advisor regarding any
         effect this may have on your personal tax situation.

4.       Other Benefits. You will be eligible for the normal health insurance,
         401(k), employee stock purchase plan, vacation days and other benefits
         offered to all Veritas senior executives of similar rank and status. As
         a full-time employee, you will be eligible to be covered under Veritas'
         medical, dental and life insurance programs as of the first day of your
         employment. At the new hire orientation you will have the ability to
         select specific benefits coverage appropriate to your personal needs.

5.       Stock Options. Within 30 days of the Commencement Date, the
         Compensation Committee of the Board of Directors of Veritas (the
         "BOARD") shall grant you incentive stock options (up to the maximum
         allowed under IRS regulations) and nonqualified stock options (for the
         balance, if any) to purchase a total of 700,000 shares of Veritas
         common stock at an exercise price equal to the fair market value of
         Veritas common stock on the date of such grant (the "INITIAL OPTION
         PRICE").

         (a)      These options will vest and become exercisable in accordance
                  with the terms of the stock option plan as follows: (i) the
                  option shall be exercisable with respect to 12 1/2% of the
                  shares underlying such option upon completion of the first six
                  months of employment (the "INITIAL PERIOD") and (ii) the
                  option shall be exercisable with respect to the balance of
                  such shares underlying such option at the rate of 1/48th per
                  month over the 42 months following the Initial Period. Except
                  as otherwise indicated in this Agreement or in

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                  Veritas' stock option plan, the vested portion of such options
                  may be exercised at any time until the earlier of (i) 90 days
                  after the termination of your employment or (ii) ten years
                  after the grant of such options. You should consult a tax
                  advisor concerning your income tax consequences before
                  exercising any of the options.

         (b)      Notwithstanding any other provision of this Section 5 to the
                  contrary, upon an Involuntary Termination (as defined below),
                  a Termination without Cause (as defined below) or a
                  Termination for Death or Disability (as defined below), a
                  portion of the unvested options shall immediately vest as
                  provided in Section 8 below.

         (c)      Veritas shall register the shares issuable under the option
                  contemplated herein on a Form S-8 registration statement and
                  shall keep such registration statement in effect for the
                  entire period the options remain outstanding.

6.       Employment and Termination. Your employment with Veritas is "at-will"
         which means it is not for a specific term and may be terminated by you
         or by Veritas at any time for any reason, with or without cause as
         follows:

         (a)      You may terminate your employment upon written notice to the
                  Chief Executive Officer at any time for "Good Reason," as
                  defined below (an "INVOLUNTARY TERMINATION");

         (b)      You may terminate your employment upon written notice to the
                  Chief Executive Officer at any time in your discretion without
                  Good Reason (a "VOLUNTARY TERMINATION");

         (c)      Veritas may terminate your employment upon written notice to
                  you at any time following a determination by the Company that
                  there is "Cause," as defined below, for such termination (a
                  "TERMINATION FOR CAUSE");

         (d)      Veritas may terminate your employment upon written notice to
                  you at any time in the sole discretion of the Chief Executive
                  Officer without a determination that there is Cause for such
                  termination (a "TERMINATION WITHOUT CAUSE"); and

         (e)      Your employment will automatically terminate upon your death
                  or upon your disability as determined by the Company (a
                  "TERMINATION FOR DEATH OR DISABILITY").

7.       Definitions. As used in this Agreement, the following terms have the
         following definitions:

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         (a)      "GOOD REASON" means (i) a material reduction in your duties
                  that is inconsistent with your position as Chief Financial
                  Officer of Veritas or a change in your reporting relationship
                  such that you no longer report directly to the Chief Executive
                  Officer; (ii) your no longer being Chief Financial Officer of
                  Veritas or, in the case of a Change in Control (as defined
                  below), of the surviving entity or acquiror that results from
                  any Change in Control; (iii) any reduction in your base annual
                  salary or target quarterly or annual bonus (other than in
                  connection with a general decrease in the salary or target
                  bonuses for all officers of Veritas) without your consent;
                  (iv) material breach by Veritas of any of its obligations
                  under this Agreement after providing Veritas with written
                  notice and an opportunity to cure within seven days of such
                  notice; or (v) failure of any successor to assume this
                  Agreement pursuant to Section 15(d) below.

         (b)      "CAUSE" means (i) gross negligence or willful misconduct in
                  the performance of your duties to Veritas (other than as a
                  result of a disability) that has resulted or is likely to
                  result in substantial and material damage to Veritas; (ii)
                  commission of any act of fraud with respect to Veritas; or
                  (iii) conviction of a felony or a crime involving moral
                  turpitude, either of which causes material harm to the
                  business and affairs of Veritas. No act or failure to act by
                  you shall be considered "willful" if done or omitted by you in
                  good faith with reasonable belief that your action or omission
                  was in the best interests of Veritas.

         (c)      "CHANGE IN CONTROL" means (i) the acquisition (other than from
                  Veritas) by any person, entity or "group", within the meaning
                  of section 13(d)(3) or 14(d)(2) of the Securities Exchange Act
                  of 1934, as amended (the "EXCHANGE ACT") (excluding, for this
                  purpose, Veritas or its subsidiaries, or any employee benefit
                  plan of Veritas or its subsidiaries which acquires beneficial
                  ownership of voting securities of Veritas) of beneficial
                  ownership (within the meaning of Rule 13d-3 promulgated under
                  the Exchange Act) of 50% or more of either the then
                  outstanding shares of common stock or the combined voting
                  power of the Veritas' then outstanding voting securities
                  entitled to vote generally in the election of directors; (ii)
                  individuals who, as of the date hereof, constitute the Board
                  (the "INCUMBENT BOARD") cease for any reason to constitute at
                  least a majority of the Board, provided that any person
                  becoming a director subsequent to the date hereof whose
                  election, or nomination for election by Veritas' shareholders,
                  was approved by a vote of at least a majority of the directors
                  then comprising the Incumbent Board (other than an

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                  election or nomination of an individual whose initial
                  assumption of the office is in connection with an actual or
                  threatened election contest relating to the election of the
                  directors of Veritas, as such terms are used in Rule14a-11 of
                  Regulation 14A promulgated under the Exchange Act) shall be,
                  for the purposes of this Agreement, considered as though such
                  person were a member of the Incumbent Board; or (iii) approval
                  of the stockholders of Veritas of a reorganization, merger or
                  consolidation, in each case, with respect to which persons who
                  were the stockholders of Veritas immediately prior to such
                  reorganization, merger or consolidation do not, immediately
                  thereafter, own more than 50% of the combined voting power
                  entitled to vote generally in the election of directors of the
                  reorganized, merged or consolidated company's then outstanding
                  voting securities, or a liquidation or dissolution of Veritas
                  or of the sale of all or substantially all of the assets of
                  Veritas.

8.       Separation Benefits. Upon termination of your employment with Veritas
         for any reason, you will receive payment for all unpaid salary and
         vacation accrued to the date of your termination of employment. In such
         event your benefits will be continued under Veritas' then existing
         benefit plans and policies for so long as provided under the terms of
         such plans and policies and as required by applicable law. Under
         certain circumstances, subject to your execution of a termination and
         general release agreement, you will also be entitled to receive
         severance benefits as set forth below. Veritas' termination and general
         release agreement will contain provisions specifying that you will not,
         directly or indirectly, compete with Veritas or engage in any business
         that is competitive in any manner with the business of Veritas while
         you are receiving such severance benefits, nor will you solicit
         employees for a period of two years after any final payment, that
         neither you nor Veritas shall disparage the other party, and that you
         shall not have any claims that shall survive that agreement.

         (a)      In the event of your Voluntary Termination or Termination for
                  Cause, you will not be entitled to any cash severance benefits
                  or additional vesting of options.

         (b)      In the event of your Involuntary Termination or Termination
                  without Cause within two years of the Commencement Date, you
                  will be entitled to:

                  (i)      a severance payment equal to twelve months of your
                           then current annual base salary [or a bonus based on
                           six months of on-target earnings], payable over
                           twelve months in accordance with Veritas' normal
                           payroll practices with such payroll deductions and
                           withholdings as are required

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                           by law, provided, that you provide Veritas with
                           consulting services during such period after the date
                           of termination (the "CONSULTING SERVICES");

                  (ii)     continued participation in the Veritas health care
                           plans for the term you are providing Consulting
                           Services at the same cost to you as immediately prior
                           to the date of your termination of employment, or if
                           it is not possible for you to continue to participate
                           in the Veritas health care plans, Veritas shall pay
                           an amount to you so that you may purchase equivalent
                           health care coverage at the same cost to you as
                           immediately prior to the date of your termination of
                           employment; and

                  (iii)    accelerated vesting and exercisability of that
                           portion of your outstanding unvested options to
                           purchase Veritas common stock that would have vested
                           within twelve months from the date of such
                           Involuntary Termination or Termination without Cause,
                           with all vested options exercisable for a period of
                           90 days from the later of:

                           (A)      the date of your Involuntary Termination or
                                    Termination without Cause, as applicable; or

                           (B)      the date you cease providing Consulting
                                    Services to Veritas.

         (c)      In the event of your Involuntary Termination or Termination
                  without Cause on or after two years of the Commencement Date,
                  you will not be entitled to any severance payments, continued
                  benefits or accelerated vesting of your outstanding unvested
                  options under this Agreement.

         (d)      In the event of your Involuntary Termination or Termination
                  without Cause within one year of a Change in Control, provided
                  the Change of Control occurs within two years of the
                  Commencement Date, you will be entitled to the following: (i)
                  a lump sum payment equal to twelve months of your current
                  annual base salary and full target bonus (less applicable
                  deductions and withholding) payable within 30 days after the
                  date of termination (ii) continued health care coverage on the
                  same terms set forth under Section 8(b)(ii) and (iii)
                  accelerated vesting of fifty percent (50%) of your outstanding
                  unvested options to purchase Veritas common stock, with all
                  vested options exercisable for a period of 90 days from the
                  date of your Involuntary Termination or Termination without
                  Cause.

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         (e)      For purposes of this Agreement, Termination by Death or
                  Disability shall be treated as Involuntary Termination.

         (f)      If your severance and other benefits provided for in this
                  Section 8 constitute "parachute payments" within the meaning
                  of Section 280G of the Internal Revenue Code of 1986, as
                  amended (the "CODE"), and, but for this subsection, would be
                  subject to the excise tax imposed by Section 4999 of the Code,
                  then your severance and other benefits under this Section 8
                  will be payable, at your election, either in full or in such
                  lesser amount as would result, after taking into account the
                  applicable federal, state and local income taxes and the
                  excise tax imposed by Section 4999 of the Code, in your
                  receipt on an after-tax basis of the greatest amount of
                  severance and other benefits.

         (g)      No payments due you hereunder shall be subject to mitigation
                  or offset.

         (h)      To the extent that Veritas shall provide to similarly situated
                  Veritas employees any other severance or other benefits in
                  connection with a Change of Control or otherwise, you shall be
                  entitled to such benefits to the extent such benefits exceed
                  these benefits granted and contained herein.

9.       Immigration. The Immigration Reform and Control and Act of 1986
         requires that all new employees submit proof of employment eligibility.
         Your employment with Veritas is contingent upon you providing proof of
         your right to work in the United States. Enclosed is a list of
         acceptable documents that will be necessary for you to show proof of
         your employment eligibility on your first day of employment.

10.      Indemnification Agreement. Upon your commencement of employment with
         Veritas, Veritas will enter into its standard form of indemnification
         agreement for officers and directors (which can be viewed in our most
         recent published proxy statement) to indemnify you against certain
         liabilities you may incur as an officer or director of Veritas.

11.      Confidential Information and Invention Assignment Agreement. On the
         Commencement Date, you will be required to sign Veritas standard form
         of Proprietary Information and Invetntions Assignment Agreement, a copy
         of which is attached to this letter as Exhibit B, to protect Veritas'
         confidential information and intellectual property.

12.      No Solicitation. During the term of your employment with Veritas and
         for two years thereafter, you will not, on behalf of yourself or any
         third party,

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         solicit or attempt to induce any employee of Veritas to terminate his
         or her employment with Veritas.

13.      Arbitration. The parties agree that any dispute regarding the
         interpretation or enforcement of this Agreement shall be decided by
         confidential, final and binding arbitration conducted by Judicial
         Arbitration and Mediation Services ("JAMS") under the then existing
         JAMS rules rather than by litigation in court, trial by jury,
         administrative proceeding or in any other forum. The filing fees and
         arbitrator's fees and costs in such arbitration will be borne by
         Veritas. The parties will be entitled to reasonable discovery of
         essential matters as determined by the arbitrator. In the arbitration,
         the parties will be entitled to all remedies that would have been
         available if the matter were litigated in a court of law.

14.      Term. This Agreement shall be in effect upon the signing by both
         parties, and shall terminate upon the date on which you are no longer
         an employee of Veritas or until the parties mutually agree to its
         termination.

15.      Miscellaneous.

         (a)      Authority to Enter into Agreement. Veritas represents that
                  Gary Bloom, its Chairman of the Board and Chief Executive
                  Officer, has due authority to execute and deliver this
                  Agreement on behalf of Veritas.

         (b)      Absence of Conflicts. You represent that upon the Commencement
                  Date the performance of your duties under this Agreement will
                  not breach any other agreement as to which you are a party.

         (c)      Attorneys Fees. If a legal action or other proceeding is
                  brought for enforcement of this Agreement because of an
                  alleged dispute, breach, default, or misrepresentation in
                  connection with any of the provisions contained herein, you
                  shall be entitled to recover reasonable attorneys' fees and
                  costs incurred, both before and after judgment, in addition to
                  any other relief to which you may be entitled, to the extent
                  you have brought the action in good faith and it is not deemed
                  frivolous.

         (d)      Successors. This Agreement is binding on and may be enforced
                  by Veritas and its successors and assigns and is binding on
                  and may be enforced by you and your heirs and legal
                  representatives. Any successor to Veritas or substantially all
                  of its business (whether by purchase, merger, consolidation or
                  otherwise) will in advance assume in writing and be bound by
                  all of Veritas' obligations under this Agreement.

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         (e)      Notices. Notices under this Agreement must be in writing and
                  shall be deemed to have been given when personally delivered
                  or two days after mailed by U.S. registered or certified mail,
                  return receipt requested and postage prepaid. Mailed notices
                  to you shall be addressed to you at the home address which you
                  have most recently communicated to Veritas in writing. Notices
                  to Veritas shall be addressed to its General Counsel at
                  Veritas' corporate headquarters.

         (f)      Waiver. No provision of this Agreement shall be modified or
                  waived except in writing signed by you and an officer of
                  Veritas duly authorized by the Board. No waiver by either
                  party of any breach of this Agreement by the other party shall
                  be considered a waiver of any other breach of this Agreement.

         (g)      Entire Agreement. This Agreement, including the attached
                  exhibits, represents the entire Agreement between us
                  concerning the subject matter herein

16.      Governing Law. This Agreement will be governed by the laws of the State
         of California without reference to conflict of laws provisions.

         Ed, I am pleased that you are interested in Veritas. I believe this is
an excellent opportunity for you and I am confident it will provide you with the
personal challenge and growth opportunity you seek.

         If you would like to accept this offer, please sign below and return
this letter as well as the Proprietary Information and Invention Assignment
Agreement and completed employment application in the self-addressed UPS
envelope included in this package. This offer is contingent upon you signing all
such documents. This offer of employment and your employment with Veritas is
contingent upon successful completion of a background check. This offer will
remain open until November 12, 2002.

         Should you have any questions, please contact me at (650) 527-8501.

                                                  Very truly yours,

                                                  /s/ GARY L. BLOOM

                                                  Gary L. Bloom
                                                  Chief Executive Officer
                                                  Veritas Software Corporation

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                                                  I ACCEPT THIS OFFER

                                                  By: /s/ EDWIN GILLIS
                                                      --------------------------
                                                      Edwin Gillis

     Commencement Date: November 18, 2002

Attachments:

     -   Proprietary Information and Inventions Agreement

     -   Indemnification Agreement

     -   List of Acceptable Documents for I-9 Form

     -   VERITAS Benefits Highlights

     -   Employment Application

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                                                                       EXHIBIT A

                            [FORM OF EPS BONUS PLAN]

                     [FILED SEPARATELY AS EXHIBIT 10.77]

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                                                                       EXHIBIT B

                PROPRIETARY INFORMATION AND INVENTIONS AGREEMENT

This EMPLOYEE AGREEMENT when signed below by me, an employee of VERITAS Software
Corporation ("VERITAS") is my Agreement with VERITAS regarding inventions, trade
secrets, works of authorship, proprietary information, proprietary materials,
and other terms and conditions of employment (the "AGREEMENT").

In consideration of my employment or of my continued employment, with VERITAS, I
agree that:

1.       Either during or after my employment with VERITAS, I will not disclose
         to anyone outside of VERITAS, nor use other than in connection with
         VERITAS' business, except with the prior written permission of an
         officer of VERITAS, any invention, trade secret, work of authorship,
         Proprietary Information (as defined below) or proprietary materials
         that relates in any manner to any VERITAS actual or anticipated
         business, research, development, product, device, or activity, or that
         is received in confidence by or for VERITAS from any other person.
         "PROPRIETARY INFORMATION" includes but is not limited to inventions,
         marketing plans, product plans, business strategies, financial
         information, forecasts, personnel information, customer lists and any
         other nonpublic technical or business information which I know or have
         reason to know VERITAS would like to treat as confidential for any
         purpose, such as maintaining a competitive advantage or avoiding
         undesirable publicity. Examples of "inventions" include, but are not
         limited to, original works of authorship, formulas, processes, computer
         programs, databases, trade secrets, mechanical and electronic hardware,
         computer languages, user interfaces, documentation, marketing and new
         product plans, production processes, advertising, packaging and
         marketing techniques, and improvements to anything. Upon termination of
         my employment with VERITAS, I will promptly deliver to VERITAS all
         documents and materials of any nature pertaining to my work with
         VERITAS and I will not take with me any documents or materials or
         copies thereof containing any Proprietary Information.

2.       I represent that my performance of all the terms of this Agreement and
         my duties as an employee of VERITAS will not breach any proprietary
         information, invention, assignment or similar agreement with any former
         employer or any other party. I represent that I will not bring with me
         to VERITAS, or use in the performance of my duties for VERITAS, any
         documents or materials of a former employer or any other person that
         are not generally available to the public.

3.       During my employment with VERITAS, I will not engage in any other
         employment, occupation, consultation, or other activity relating to any
         actual or anticipated business, research, development, product, service
         or activity of VERITAS, or which otherwise conflicts with my
         obligations to VERITAS, without first informing an executive corporate
         officer of VERITAS about any such activity to ensure that all parties
         agree that no conflict exists. If new

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         conflicts arise with respect to my obligations to VERITAS pursuant to
         Paragraph 10(d) of this Agreement, VERITAS agrees to advise me of such
         conflicts. The specific actions for resolving such new conflicts will
         be agreed upon after I have been advised of this conflict.

4.       I hereby assign and agree to assign to VERITAS my entire right, title,
         and interest in any Proprietary Information, invention, trade secret,
         work of authorship, or proprietary materials hereafter made or
         conceived solely by me or jointly with others and any associated
         patents, patent applications, copyrights, trade secret rights, mask
         work rights, rights of proprietary and other intellectual property
         rights which:

         a.       were developed while working for VERITAS in an executive,
                  managerial, planning, technical, research, engineering,
                  development, manufacturing, programming, sales, marketing,
                  system service, repair, or other capacity, using equipment,
                  supplies, facilities or trade secrets of VERITAS; and

         b.       relates in any manner at the time of conception or reduction
                  to practice to any VERITAS actual or anticipated business,
                  research, development, product, service, or activity, or is
                  suggested by or results from any task assigned to me or work
                  performed by me for or on behalf of VERITAS, and

         c.       was not developed entirely on my own time.

5.       I have been notified and understand that the provisions of Section 4 do
         not apply to any invention that qualifies fully under the provisions of
         Section 2870 of the California Labor Code, which states as follows:

         a.       ANY PROVISIONS IN AN EMPLOYMENT AGREEMENT WHICH PROVIDE THAT
                  AN EMPLOYEE SHALL ASSIGN, OR OFFER TO ASSIGN, ANY OF HIS OR
                  HER RIGHTS IN AN INVENTION TO HIS OR HER EMPLOYER SHALL NOT
                  APPLY TO AN INVENTION THAT THE EMPLOYEE DEVELOPED ENTIRELY ON
                  HIS OR HER OWN TIME WITHOUT USING THE EMPLOYER'S EQUIPMENT,
                  SUPPLIES, FACILITIES, OR TRADE SECRET INFORMATION EXCEPT FOR
                  THOSE INVENTIONS THAT EITHER:

                  (i)      RELATE AT THE TIME OF CONCEPTION OR REDUCTION TO
                           PRACTICE OF THE INVENTION TO THE EMPLOYER'S BUSINESS,
                           OR ACTUAL OR DEMONSTRABLY ANTICIPATED RESEARCH OR
                           DEVELOPMENT OF THE EMPLOYER; OR

                  (ii)     RESULT FROM ANY WORK PERFORMED BY THE EMPLOYEE FOR
                           THE EMPLOYER.

         b.       TO THE EXTENT A PROVISION IN AN EMPLOYMENT AGREEMENT PURPORTS
                  TO REQUIRE AN EMPLOYEE TO ASSIGN AN INVENTION OTHERWISE
                  EXCLUDED FROM BEING REQUIRED TO BE ASSIGNED UNDER SUBDIVISION
                  (a), THE PROVISION IS AGAINST THE PUBLIC POLICY OF THIS STATE
                  AND IS UNENFORCEABLE.

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6.       In connection with any Proprietary Information, invention, trade
         secret, work of authorship and/or proprietary materials assigned or to
         be assigned to VERITAS pursuant to Paragraph 4 of this Agreement:

         a.       I will, disclose promptly in writing all such Proprietary
                  Information, inventions, trade secrets, works of authorship,
                  or proprietary materials upon conception, creation, or my
                  otherwise becoming aware thereof to my immediate superior,
                  with copies to the Senior Vice President of Engineering and
                  the legal department, whether or not they are patentable or
                  copyrightable or protectable as trade secrets or mask works,
                  that are made or conceived or first reduced to practice or
                  created by me, either alone or jointly with others, during the
                  period of my employment whether or not in the course of my
                  employment.

         b.       I will, at VERITAS' request, promptly execute a specific
                  irrevocable assignment of title to VERITAS, and do whatever is
                  deemed necessary or advisable by VERITAS to secure and
                  maintain for VERITAS a patent, copyrights, or other
                  proprietary interest in Proprietary Information, such
                  invention, trade secret, work of authorship, or other
                  proprietary interest in such Proprietary Information,
                  invention, trade secret, work of authorship, or proprietary
                  materials, and with respect to any associated patents, patent
                  applications, copyrights, trade secret rights, mask work
                  rights, rights of priority and other intellectual property
                  rights, in the United States and in foreign countries both
                  during and after my employment with VERITAS.

         c.       I hereby irrevocably transfer and assign to VERITAS any and
                  all Moral Rights (as defined below) that I may have in or with
                  respect to any invention. I also hereby forever waive and
                  agree never to assert any and all Moral Rights I may have in
                  or with respect to any invention, even after termination of my
                  work on behalf of VERITAS. As used herein, "MORAL RIGHTS"
                  means any rights of paternity or integrity, any right to claim
                  authorship of any invention, to object to any distortion,
                  mutilation or other modification of, or other derogatory
                  action in relation to, any invention, whether or not such
                  would be prejudicial to my honor or reputation, and any
                  similar right, existing under judicial or statutory law of any
                  country in the world, or under any treaty, regardless of
                  whether or not such right is denominated or generally referred
                  to as a "moral right".

         d.       I acknowledge that any computer program, any programming
                  documentation, and any other work of authorship that falls
                  within the scope of sections (a) and (c) under paragraph 4 of
                  this Agreement is a "work made for hire," and that VERITAS
                  owns all the rights comprised in the copyrights for such work.

7.       I agree to make and maintain adequate and current written records, in a
         form specified by VERITAS, of all Proprietary Information inventions,
         trade secrets, works of authorship, proprietary information, and
         proprietary materials assigned or to be assigned to VERITAS pursuant to
         paragraph 4 of this Agreement; and upon the termination of my
         employment with VERITAS, I agree to surrender to

                                       4

<PAGE>

         VERITAS all such records and all other tangible items and evidence
         relating thereto.

8.       In further consideration of this Agreement, VERITAS hereby agrees that
         I may use VERITAS facilities, equipment and other resources for work on
         inventions and works of authorship, not coming within the provisions of
         paragraph 4, so long as these activities do not impact my work
         schedule, the work schedule of other employees, or otherwise amount to
         excessive use of such resources. VERITAS recognizes that my
         professional development and standing in the community of software
         developers is enhanced by such activity.

9.       Attached hereto as EXHIBIT A is a complete list of all inventions and
         works of authorship, if any, patented or unpatented, including a brief
         identification of all unpatented inventions and works of authorship
         that I made prior to my employment at VERITAS and which are to be
         excluded from assignment to VERITAS under this Agreement (the "PRIOR
         PRODUCTS"). I hereby certify that I have no continuing obligations with
         respect to assignment of such Prior Products to any previous employers,
         nor do I claim any previous unpatented inventions within the scope of
         this Agreement as my own, except those which I have listed below. I
         agree to not use VERITAS' Proprietary Information, proprietary
         inventions, works of authorship or information in making future
         improvements or revisions to these Prior Products, without the express
         written approval of a corporate officer of VERITAS.

         I hereby grant to VERITAS a non-exclusive, perpetual, irrevocable,
         royalty-free, worldwide license, with rights to sublicense, to use
         modify, copy, prepare derivative works of and distribute any VERITAS
         products that contain all or any portion of such Prior Product(s). I
         further understand that any improvements, whether patentable or not,
         made on the listed inventions after commencement of my employment by
         VERITAS are assigned or are to be assigned to VERITAS to the extent
         that such improvements are covered by the provisions of paragraph 4 of
         this Agreement.

10.      During my employment with VERITAS, I may add an invention to the
         invention list described in paragraph 9 in the following way:

         a.       I shall provide, in writing, a brief description and title of
                  the new invention to a corporate officer of VERITAS (the "NEW
                  INVENTION NOTICE").

         b.       A review period shall be provided for a new invention. The
                  review period shall start on the business day following the
                  receipt of a New Invention Notice by a VERITAS corporate
                  officer (the "NEW INVENTION REVIEW PERIOD").

         c.       During the New Invention Review Period, VERITAS may ask
                  questions, in writing, with regard to the new invention and
                  the provisions of paragraph 3. I agree to respond, in writing,
                  to all such questions. In addition, I agree that any delays
                  introduced by my response shall be added to the length of the
                  New Invention Review Period.

                                       5

<PAGE>

         d.       If a new invention comes within the provisions of paragraph 3,
                  and VERITAS provides written notice thereof, along with an
                  explanation, to me during the review period, then the new
                  invention shall not be added to the list of inventions or
                  works of authorship described by paragraph 7. If no such
                  written notice regarding a new invention is received within
                  thirty (30) days of the New Invention Notice, then the new
                  invention or work of authorship shall be excluded from
                  assignment to VERITAS under this Agreement.

11.      I understand that VERITAS, from time to time, may have agreements with
         other persons, companies or with the United States Government or
         agencies thereof which impose obligations or restrictions on VERITAS
         regarding Proprietary Information inventions, trade secrets, works of
         authorship, and proprietary materials made during the course of work
         under such agreements or regarding the confidential nature of such
         work. I agree to be bound by all such obligations and any applicable
         United States laws or regulations.

12.      I hereby authorize VERITAS to notify others, including but not limited
         to customers of VERITAS, or my future employers, of the terms of this
         Agreement and my responsibilities hereunder.

13.      In the event of any violation of this Agreement by me, and in addition
         to any relief or remedies to which VERITAS is entitled, I agree that
         VERITAS shall have the right to an immediate injunction, and shall have
         the right to recover the reasonable attorney's fees and court costs
         expended in connection with any litigation instituted to enforce this
         Agreement. I agree that any dispute in the meaning, effect or validity
         of this Agreement shall be resolved in accordance with the laws of the
         State of California without regard to the conflict of laws provisions
         thereof. I further agree that if one or more provisions of this
         Agreement are held to be unenforceable under applicable California law,
         such provision(s) shall be excluded from this Agreement and the balance
         of the Agreement shall be interpreted as if such provision were so
         excluded and shall be enforceable in accordance with its terms.

14.      "VERITAS" as used in this Agreement includes any and all subsidiaries
         and affiliated companies of VERITAS Software Corporation, and this
         Agreement shall inure to the benefit of any successors in interest or
         of any assignees of VERITAS.

15.      During the term of my employment and for one (1) year thereafter, I
         will not encourage or solicit any employee of VERITAS to leave VERITAS
         for any reason. However, this obligation shall not affect any
         responsibility I may have as an employee of VERITAS with respect to the
         bona fide hiring and firing of Company personnel.

16.      Any dispute or claim, whether based on contract, tort, or otherwise,
         relating to or arising out of my employment by VERITAS shall be
         submitted by the parties to arbitration by the American Arbitration
         Association in the City of San Francisco, State of California and shall
         be subject to final and binding arbitration. The arbitrator shall have
         jurisdiction to determine any such claim, and may grant any relief
         authorized by law. The award rendered by the arbitrator shall include
         costs

                                       6

<PAGE>

         of arbitration, reasonable attorney's fees and reasonable costs for
         expert and other witnesses; provided however that nothing in this
         Agreement shall be deemed as preventing either party from seeking
         injunctive relief (or any other provisional remedy) from the courts as
         necessary. The parties shall be entitled to discovery as provided in
         the Code of Civil Procedure of the State of California, whether or not
         the California Arbitration Act is deemed to apply to said provision.

17.      I understand that this Agreement does not constitute a contract of
         employment or obligate VERITAS to employ me for any stated period of
         time. I understand that my employment with VERITAS is "at-will", and
         may be terminated by VERITAS at any time and for any reason, with or
         without cause.

18.      I acknowledge receipt of a copy of this Agreement and agree that with
         respect to the subject matter hereof, it is my entire Agreement with
         VERITAS, superseding any previous oral or written communications,
         representations, undertaking, or Agreements with VERITAS or any
         official or representative thereof. This Agreement may not be modified
         or changed except in a writing signed by the employee and an officer of
         VERITAS.

                                       7

<PAGE>

IN WITNESS WHEREOF, the parties have entered into this Agreement on this 11th
day of November, 2002.

                                          VERITAS SOFTWARE CORPORATION

                                          By: /s/ JOHN F. BRIGDEN
                                              ----------------------------------
                                              Name:  John F. Brigden
                                              Title: Vice President and General
                                                     Counsel

                                          AGREED AND ACCEPTED:

                                          By: /s/ EDWIN GILLIS
                                              ----------------------------------

                                       8

<PAGE>

                                                                       EXHIBIT A

                            DESCRIPTION OF INVENTIONS
                       BEFORE VERITAS SOFTWARE EMPLOYMENT

<TABLE>
<CAPTION>
TITLE OF DOCUMENT    DATE OF DOCUMENT    NAME OF WITNESS
-----------------    ----------------    ---------------
<S>                  <C>                 <C>
NONE                 ________________    _______________

_________________    ________________    _______________

_________________    ________________    _______________

_________________    ________________    _______________

_________________    ________________    _______________

_________________    ________________    _______________

_________________    ________________    _______________

_________________    ________________    _______________
</TABLE>

(If "None", Please So State)

                                          VERITAS SOFTWARE CORPORATION

                                          By: /s/ JOHN F. BRIGDEN
                                              ----------------------------------
                                              Name:  John F. Brigden
                                              Title: Vice President and General
                                                     Counsel

                                          AGREED AND ACCEPTED:

                                          By: /s/ EDWIN GILLIS
                                              ----------------------------------<PAGE>

                                                                   EXHIBIT 10.76

                              [VERITAS letterhead]

                                                                January 20, 2003

Paul Sallaberry
Executive Vice President, Worldwide Field Operations
Veritas Software Corporation
350 Ellis Street
Mountain View, CA 94043

         Re:      Employment Agreement

Dear Paul:

         This letter sets forth the agreement (the "AGREEMENT") between you and
VERITAS Software Corporation and its affiliates and subsidiaries (together, the
"COMPANY") relating to your employment with the Company. This Agreement is
effective as of the date of its execution (the "EFFECTIVE DATE")

      1)    Position and Duties.

                  a.       Effective as of January 31, 2003, or on such other
                           date as agreed to by you and the Company, you agree
                           that you will resign as, and no longer hold the
                           position of, or perform the duties or have the
                           responsibilities associated with the position of,
                           Executive Vice President, Worldwide Field Operations
                           of the Company. You further acknowledge that, as a
                           result of your resignation, you will no longer be an
                           officer, within the meaning of Section 16 of the
                           Securities Exchange Act of 1934, as amended, as of
                           the Effective Date. Upon your resignation from the
                           position of Executive Vice President of World Wide
                           Field Operations, you will continue to be employed by
                           the Company, having the position of Executive Vice
                           President, Sales Strategy. In such position you will
                           report directly to me and your duties will include,
                           among others, providing strategic advice and support
                           to the CEO regarding sales and sales organization
                           related matters.

                  b.       During the period of your employment with the Company
                           you will receive the compensation as described in
                           Section 2 below. In addition, during the period of
                           your employment, you agree that you will (i)
                           cooperate with and provide any transitional services
                           to your successor to the role of Worldwide Field
                           Operations Executive of the Company and (ii) be
                           expected to devote your attention to the
<PAGE>
                           business of Company, and you will not render services
                           to any other business without the Company's prior
                           approval according to its Conflicts of Interest
                           Policy.

      2)    Employment Benefits.

                  a.       Compensation. As of the date of your resignation as
                           EVP of Worldwide Field Operations, subject to your
                           execution of the release set forth in Section 4
                           hereof and your compliance with Sections 5 and 6
                           hereof, the Company shall pay you a base salary at an
                           annualized rate of $400,000 (the "BASE SALARY")
                           during the period of your employment in accordance
                           with the regular payroll practices of the Company,
                           with such payroll deductions and withholding as
                           required by law. You will not continue to participate
                           in the Company's annual EPS Bonus Plan going forward
                           but will remain eligible to participate and receive
                           your bonus for the 2002 fiscal year according to the
                           Company's 2002 EPS Bonus Plan. You will be eligible
                           to receive performance bonuses at the discretion of
                           the CEO and Compensation Committee.

                  b.       Stock Options. Any stock options ("OPTIONS") held by
                           you to purchase shares ("SHARES") of common stock of
                           the Company pursuant to stock option awards ("OPTIONS
                           AWARD AGREEMENTS") shall continue to vest in
                           accordance with the terms of the Company's 1993
                           Equity Incentive Plan (the "PLAN") while you are
                           employed by the Company.

                  c.       Other Benefits. During the period of your employment,
                           you will continue to be eligible for the normal
                           health insurance, 401(k), employee stock purchase
                           plan, vacation days and other benefits offered to all
                           Company senior executives. During the period of your
                           employment, you will continue to be eligible to be
                           covered under the Company's medical, dental and life
                           insurance programs.

      3)    Separation Benefits. Upon termination of your employment with the
            Company for any reason, you will receive payment for all unpaid
            salary and vacation accrued to the date of your termination of
            employment. In such event, your benefits will be continued under the
            Company's then existing benefit plans and policies for so long as
            provided under the terms of such plans and policies and as required
            by applicable law. You agree that for the period of time over which
            you are receiving, or have received, severance benefits as provided
            below under this Section (the "Severance Period") plus three months
            from the conclusion of the Severance Period that you will not
            compete with the Company (including holding a board seat with
            companies that are a competitor of the Company) and that you will
            comply with the Company's Conflict of Interest Policy. You agree
            that upon your termination from the Company, except for a
            termination for Cause, you will execute a separation and general
            release agreement substantially in the form attached to this
            Agreement as EXHIBIT A.

                  a.       Compensation.

                                       2
<PAGE>
                                    1)   In the event that you are terminated
                                         without Cause by the Company at any
                                         time prior to December 31, 2003, you
                                         shall be entitled to a lump sum payment
                                         from the Company equal to the Base
                                         Salary you would have received had you
                                         continued to be employed through
                                         December 31, 2003.

                                    2)   Upon such a termination, you will no
                                         longer receive any salary or other cash
                                         compensation from the Company.

                  b.       Stock Options. In accordance with the terms of the
                           Plan, you shall have 90 days following the date of
                           your employment termination with the Company to
                           exercise any vested Options, and to the extent such
                           Options are not exercised at the expiration of such
                           period, such Options shall be forfeited and
                           cancelled; provided, however, that to the extent you
                           hold any vested Options having an exercise price that
                           is above the closing price for the Company's common
                           stock as of the Effective Date of this Agreement (the
                           "UNDERWATER OPTIONS"), such Underwater Options shall
                           be amended and you shall have twelve months following
                           the termination date to exercise such Underwater
                           Options. To the extent such Underwater Options are
                           not exercised at the expiration of such period, such
                           Underwater Options shall be forfeited and cancelled.

                  c.       Continued Health Benefits. In the event that you are
                           terminated without Cause by the Company at any time
                           prior to December 31, 2003, the Company at its option
                           shall, in each case through the earlier of (x)
                           December 31, 2003 or (y) the date on which you become
                           eligible for group insurance benefits from another
                           employer, either (i) continue medical, dental, and
                           vision benefits for you on substantially similar
                           terms and at the same cost to you as prior to such
                           termination (which may be through Company-paid
                           coverage continuation under COBRA (as defined below)
                           or (ii) make payments to you such that, after payment
                           by you of all applicable taxes thereon, you retain an
                           amount which, when added to the amount of your
                           contribution, if any, to your health insurance
                           arrangement as in effect prior to such termination
                           will enable you to purchase medical, dental and
                           vision benefits substantially similar to those you
                           received immediately prior to such termination on
                           substantially similar terms you received such
                           benefits immediately prior to such termination
                           without Cause.

                  d.       COBRA. After December 31, 2003, you will be eligible
                           to continue your current medical coverage (including
                           health, dental and vision) under the Company group
                           medical plan(s) pursuant to the Consolidated Budget
                           Reconciliation Act of 1985, as amended ("COBRA") at
                           your own expense for the period applicable under
                           COBRA, subject to the applicable COBRA requirements
                           and conditions. You will receive notice of how to
                           continue your COBRA requirements from the Company's
                           Human Resources Department.

                                       3
<PAGE>
                  e.       For purposes of this Section 3, the term "CAUSE"
                           means (i) gross negligence or willful misconduct in
                           the performance of your duties to the Company (other
                           than as a result of a disability) that has resulted
                           or is likely to result in substantial and material
                           damage to the Company; (ii) commission of any act of
                           fraud with respect to the Company; or (iii)
                           conviction of a felony or a crime involving moral
                           turpitude, either of which causes material harm to
                           the business and affairs of the Company. No act or
                           failure to act by you shall be considered
                           "negligence" or "willful" if done or omitted by you
                           in good faith with reasonable belief that your action
                           or omission was in the best interests of the Company.
                           In addition, for "cause" to exist the Board of
                           Directors must determine that your act or omission
                           was the result of demonstrable misconduct that is
                           materially injurious to the Company.

      4)    Release.

                  a.       You agree to and do fully and completely release,
                           discharge and waive any and all claims, complaints,
                           causes of action or demands of whatever kind which
                           you have or may have against the Company, its
                           subsidiaries, affiliates, agents, predecessors and
                           successors and all its past and present directors,
                           officers and employees by reason of any event,
                           matter, cause or thing prior to the date hereof
                           (hereinafter "EXECUTIVE CLAIMS"). You understand and
                           accept that this Agreement specifically covers, but
                           is not limited to, any and all Executive Claims which
                           you have or may have against the Company relating in
                           any way to the Employment Agreement (as defined in
                           Section 7) or to compensation, or to any other terms,
                           conditions or circumstances, including modifications,
                           of your employment, or your role as a stockholder of
                           the Company. Notwithstanding the foregoing, you do
                           not waive any rights which you may be entitled to
                           seek to enforce this Agreement or obtain benefits to
                           which you are entitled under the Company's existing
                           benefit plans or under law, or to seek
                           indemnification with respect to liability incurred by
                           you as an officer of the Company.

                  b.       You acknowledge the release in this Section 4 shall
                           extend to unknown, as well as known claims, and
                           hereby waive the application of any provision of law,
                           including, without limitation, Cal. Civ.
                           Code Section 1542 (West 1982 & 2000 Supp.), that
                           purports to limit the scope of a general release.
                           Section 1542 of the California Civil Code provides:

                                    "A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS
                                    WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT
                                    TO EXIST IN HIS FAVOR AT THE TIME OF
                                    EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM
                                    MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT
                                    WITH THE DEBTOR."

                                    /s/  PS
                                    --------------
                                    Initial Here

                                       4
<PAGE>
      5)    Protective Covenants.

                  a.       During the period beginning on the Effective Date and
                           ending twelve months from your termination date with
                           the Company, you agree that you shall not either
                           directly or indirectly solicit, induce, attempt to
                           hire, recruit, encourage, take away, hire any
                           employee of the Company or cause an employee to leave
                           his or her employment either to work with you or for
                           any other entity or person. The foregoing covenant
                           shall not be deemed to prohibit you from acquiring an
                           investment of not more than one percent (1%) of the
                           capital stock of a competing business, whose stock is
                           traded on a national securities exchange or through
                           the automated quotation system of a registered
                           securities association.

                  b.       You agree that you will continue to comply with the
                           terms of the Proprietary Information and Inventions
                           Agreement (the "INVENTIONS AGREEMENT"), attached
                           hereto as EXHIBIT B, in accordance with its terms.
                           Additionally, you will not at any time (whether
                           during the period of your employment or at any time
                           thereafter) disclose or use for your own benefit or
                           purposes or the benefit or purposes of any other
                           person, firm, partnership, joint venture,
                           association, corporation or other business
                           organization, entity or enterprise other than the
                           Company, any trade secrets, confidential data, or
                           other confidential information relating to customers,
                           development programs, costs, marketing, trading,
                           investment, sales activities, promotion, credit and
                           financial data, manufacturing processes, financing
                           methods, plans, or the business and affairs of the
                           Company generally, or of any subsidiary or affiliate
                           of the Company, provided that the foregoing shall not
                           apply to information which is known to the industry
                           or the public other than as a result of your breach
                           of this covenant. You agree that upon your
                           termination of employment with the Company, you will
                           immediately return to the Company all memoranda,
                           books, papers, plans, information, letters and other
                           data, and all copies thereof or therefrom, in any way
                           relating to the business of the Company and its
                           affiliates. You further agree that you will not
                           retain or use for your account at any time any trade
                           names, trademark or other proprietary business
                           designation used or owned in connection with the
                           business of the Company or its affiliates.

      6)    Communications with the Public; No Disparagement.

                  a.       The Company may issue a press release relating to
                           your employment relationship with the Company
                           substantially in the same form as that attached as
                           EXHIBIT C.

                  b.       You agree that, other than as may be required by law,
                           you shall not make any disparaging statements or
                           representations, in writing, orally, or otherwise, or
                           take any action which would be considered by a
                           reasonable person to be, directly or indirectly,
                           disparaging to the Company, its successors or their
                           officers, directors, employees, business or
                           reputation.

                                       5
<PAGE>
                  c.       The Company agrees that, other than as may be
                           required by law, it shall not, and shall not
                           authorize any officer, agent, employee or other
                           representative of the Company to, make any
                           disparaging statements or representations, in
                           writing, orally, or otherwise, or take any action
                           which would be considered by a reasonable person to
                           be, directly or indirectly, disparaging to you
                           concerning your performance of your duties while
                           employed by the Company, your resignation of
                           employment with the Company or the terms and
                           conditions of this Agreement to anyone (other than
                           the Company's legal counsel and accountants or as
                           legally required to be disclosed in the Company's
                           filings with the Securities and Exchange Commission
                           or otherwise).

      7)    Entire Agreement; Amendment. Except for the Inventions Agreement and
            an Employee Indemnification Agreement between you and the Company
            dated May 28, 1999 (the "INDEMNIFICATION AGREEMENT") attached as
            EXHIBIT D, this Agreement (i) shall supersede any and all agreements
            between you and the Company only with respect to the subject matter
            contained herein, including but not limited to the Key Employment
            Agreement dated May 27, 1999 between you and the Company attached as
            EXHIBIT E and (ii) contains the entire understanding of the parties
            with respect to the subject matter contained herein. This Agreement
            may not be altered, modified or amended except by a written
            agreement signed by both parties hereto.

      8)    At-will Employment. You acknowledge that your employment with the
            Company as of the Effective Date and at any time thereafter is
            at-will, and may be terminated at any time by the Company, with or
            without prior notice to you.

      9)    Effectiveness. This Agreement has been approved by the Company's
            Chief Executive Officer and is effective as of the Effective Date.

      10)   No Waiver. The failure of a party to insist upon strict adherence to
            any term of this Agreement on any occasion shall not be considered a
            waiver of such party's rights or deprive such party of the right
            thereafter to insist upon strict adherence to that term or any other
            term of this Agreement.

      11)   Severability. In the event that any one or more of the provisions of
            this Agreement shall be or become invalid, illegal or unenforceable
            in any respect, the validity, legality or enforceability of the
            remaining provisions of this Agreement shall not be affected
            thereby.

      12)   Assignment. This Agreement shall inure to the benefit of and be
            binding upon the parties hereto and their respective heirs,
            representatives, successors and assigns. This Agreement shall not be
            assignable by you and shall be assignable by the Company only to a
            direct or indirect wholly-owned subsidiary of the Company; provided,
            however, that no such assignment by the Company shall relieve the
            Company of any liability hereunder, whether accrued before or after
            such assignment.

                                       6
<PAGE>
      13)   Acknowledgement. You acknowledge that you have carefully read this
            Agreement, fully understand and accept all of its provisions and
            sign it voluntarily of your own free will. You further acknowledge
            that you have been provided a full opportunity to review and reflect
            on the terms of this Agreement and to seek the advice of legal
            counsel of your choice.

      14)   Governing Law. This Agreement shall be governed by and construed in
            accordance with the laws of the State of California.

      15)   Arbitration. The parties agree that any dispute regarding the
            interpretation or enforcement of this Agreement shall be decided by
            confidential, final and binding arbitration conducted by Judicial
            Arbitration and Mediation Services ("JAMS") under the then existing
            JAMS rules rather than by litigation in court, trial by jury,
            administrative proceeding or in any other forum. The filing fees and
            arbitrator's fees and costs in such arbitration will be borne by the
            prevailing party. The parties will be entitled to reasonable
            discovery of essential matters as determined by the arbitrator. In
            the arbitration, the parties will be entitled to all remedies that
            would have been available if the matter were litigated in a court of
            law

      16)   Counterparts. This Agreement may be signed in counterparts, each of
            which shall be an original, with the same effect as if the
            signatures thereto and hereto were upon the same instrument.

                                       VERITAS SOFTWARE CORPORATION

                                       By:   /s/ GARY BLOOM
                                             -----------------------------------
                                             Name:   Gary Bloom
                                             Title:  Chairman, CEO and President

AGREED AND ACCEPTED:

By:    /s/ PAUL SALLABERRY
       ------------------------------
      Paul Sallaberry

Effective Date:   January 20, 2003

                                       7
<PAGE>
                                    EXHIBIT A

                    SEPARATION AND GENERAL RELEASE AGREEMENT

         This agreement supplements the Employment Agreement between Paul
Sallaberry ("YOU") and VERITAS Software Corporation and its affiliates and
subsidiaries (together, the "COMPANY") dated January 20, 2003 (the "EMPLOYMENT
AGREEMENT"). In addition to the terms and conditions of the Employment
Agreement, which terms and conditions the parties hereby acknowledge and assent
to, and for valuable consideration offered and received, the parties agree as
follows:

      1)    Release.

                  a.       You agree to and do fully and completely release,
                           discharge and waive any and all claims, complaints,
                           causes of action or demands of whatever kind which
                           you have or may have against the Company, its
                           subsidiaries, affiliates, agents, predecessors and
                           successors and all its past and present directors,
                           officers and employees by reason of any event,
                           matter, cause or thing prior to the date hereof
                           (hereinafter "EXECUTIVE CLAIMS"). You understand and
                           accept that this Supplemental Agreement specifically
                           covers, but is not limited to, any and all Executive
                           Claims which you have or may have against the Company
                           relating in any way to the Employment Agreement (as
                           defined in Section 7) or to compensation, or to any
                           other terms, conditions or circumstances, including
                           modifications, of your employment, or your role as a
                           stockholder of the Company. Notwithstanding the
                           foregoing, you do not waive any rights which you may
                           be entitled to seek to enforce this Agreement, the
                           Employment Agreement or obtain benefits to which you
                           are entitled under the Company's existing benefit
                           plans or under law, or to seek indemnification with
                           respect to liability incurred by you as an officer of
                           the Company.

                  a.       You acknowledge the release in this Agreement shall
                           extend to unknown, as well as known claims, and
                           hereby waive the application of any provision of law,
                           including, without limitation, Cal. Civ.
                           Code Section 1542 (West 1982 & 2000 Supp.), that
                           purports to limit the scope of a general release.
                           Section 1542 of the California Civil Code provides:

                                    "A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS
                                    WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT
                                    TO EXIST IN HIS FAVOR AT THE TIME OF
                                    EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM
                                    MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT
                                    WITH THE DEBTOR."

                                    -------------
                                    Initial Here

                                       8
<PAGE>
                                         VERITAS SOFTWARE CORPORATION

                                         By:
                                              ---------------------------
                                              Name:
                                              Title:

AGREED AND ACCEPTED:

By:
       --------------------------
       Paul Sallaberry

Effective Date: ____________________

                                       9
<PAGE>
                                                                       Exhibit B

                              AGREEMENT CONCERNING
                     CERTAIN DUTIES OF VERITAS EMPLOYMENT:
                   INVENTIONS, TRADE SECRETS, AND DISCLOSURES

This EMPLOYEE AGREEMENT when signed below by me, an employee of VERITAS
Software Corporation ("VERITAS") is my agreement with VERITAS regarding
inventions, trade secrets, works of authorship, proprietary information,
proprietary materials, and other terms and conditions of employment (the
"Agreement").

In consideration of my Employment or of my continued employment, with VERITAS,
I agree that:

1. Either during or after my employment with VERITAS, I will not disclose to
   anyone outside of VERITAS, nor use in other than VERITAS' business, except
   with the prior written permission of an officer of the corporation, any
   invention, trade secret, work of authorship, proprietary information or
   proprietary materials that relates in any manner to any VERITAS actual or
   anticipated business, research, development, product, device, or activity, or
   that is received in confidence by or for VERITAS from any other person.
   "Proprietary Information" includes but is not limited to inventions,
   marketing plans, product plans, business strategies, financial information,
   forecasts, personnel information, customer lists and any other nonpublic
   technical or business information which I know or have reason to know VERITAS
   would like to treat as confidential for any purpose, such as maintaining a
   competitive advantage or avoiding undesirable publicity. Examples of
   "inventions" include, but are not limited to, original works of authorship,
   formulas, processes, computer programs, databases, trade secrets, mechanical
   and electronic hardware, computer languages, user interfaces, documentation,
   marketing and new product plans, production processes, advertising, packaging
   and marketing techniques, and improvements to anything. Upon termination of
   my employment with VERITAS, I will promptly deliver to VERITAS all documents
   and materials of any nature pertaining to my work with VERITAS and I will not
   take with me any documents or materials or copies thereof containing any
   Proprietary Information.

2. I represent that my performance of all the terms of this Agreement and my
   duties as an employee of VERITAS will not breach any Proprietary Information,
   invention, assignment or similar agreement with any former employer or other
   party. I represent that I will not bring with me to VERITAS or use in the
   performance of my duties for VERITAS any documents or materials of a former
   employer or any other person that are not generally available to the public.

3. During my employment with VERITAS, I will not engage in any other employment,
   occupation, consultation, or other activity relating to any actual or
   anticipated business, research, development, product, service or activity of
   VERITAS, or which otherwise conflicts with my obligations to VERITAS, without
   first informing an executive corporate officer of VERITAS about any such
   activity to ensure that all parties agree that no conflict exists. If new
   conflicts arise with respect to my obligations to VERITAS pursuant to
   Paragraph 10(d) of this Agreement, then VERITAS agrees to advise me of those
   conflicts. The specific actions for resolving these new conflicts will be
   agreed upon after I have been advised of this conflict.

4. I hereby assign and agree to assign to VERITAS my entire right, title, and
   interest in any Proprietary Information, invention, trade secret, work of
   authorship, or proprietary materials hereafter made or conceived solely by
   me or jointly with others and any associated patents, patent applications,
   copyrights, trade secret rights, mask work rights, rights of proprietary and
   other intellectual property rights which:

   a. were developed while working for VERITAS in an executive, managerial,
      planning, technical, research, engineering, development, manufacturing,
      programming, sales, marketing, system service, repair, or other capacity,
      using equipment, supplies, facilities or trade secrets of VERITAS; and

   b. relates in any manner at the time of conception or reduction to practice
      to any VERITAS actual or anticipated business, research, development,
      product, service, or activity, or is suggested by or results from any task
      assigned to me or work performed by me for or on behalf of VERITAS, and

   c. was not developed entirely on my own time.

                                               Terms in Conditions of Employment
                                                                    Rev. 10/4/94
                                                                          Page 1
<PAGE>
5.  I have been notified and understand that the provisions of Section 4 do not
    apply to any invention that qualifies fully under the provisions of Section
    2870 of the California Labor Code, which states as follows:

    a.  ANY PROVISIONS IN AN EMPLOYMENT AGREEMENT WHICH PROVIDE THAT AN EMPLOYEE
        SHALL ASSIGN, OR OFFER TO ASSIGN, ANY OF HIS OR HER RIGHTS IN AN
        INVENTION TO HIS OR HER EMPLOYER SHALL NOT APPLY TO AN INVENTION THAT
        THE EMPLOYEE DEVELOPED ENTIRELY ON HIS OR HER OWN TIME WITHOUT USING THE
        EMPLOYER'S EQUIPMENT, SUPPLIES, FACILITIES, OR TRADE SECRET INFORMATION
        EXCEPT FOR THOSE INVENTIONS THAT EITHER:

        (i)  RELATE AT THE TIME OF CONCEPTION OR REDUCTION TO PRACTICE OF THE
             INVENTION TO THE EMPLOYER'S BUSINESS, OR ACTUAL OR DEMONSTRABLY
             ANTICIPATED RESEARCH OR DEVELOPMENT OF THE EMPLOYER; OR

        (ii) RESULT FROM ANY WORK PERFORMED BY THE EMPLOYEE FOR THE EMPLOYER.

    b.  TO THE EXTENT A PROVISION IN AN EMPLOYMENT AGREEMENT PURPORTS TO
        REQUIRE AN EMPLOYEE TO ASSIGN AN INVENTION OTHERWISE EXCLUDED FROM BEING
        REQUIRED TO BE ASSIGNED UNDER SUBDIVISION (a), THE PROVISION IS AGAINST
        THE PUBLIC POLICY OF THIS STATE AND IS UNENFORCEABLE.

6.  In connection with any Proprietary Information, invention, trade secret,
    work of authorship and/or proprietary materials assigned or to be assigned
    to VERITAS pursuant to Paragraph 4 of this Agreement:

    a.   I will, disclose promptly in writing all such Proprietary Information,
         inventions, trade secrets, works of authorship, or proprietary
         materials upon conception, creation, or my otherwise becoming aware
         thereof to my immediate superior, with copies to the Senior Vice
         President of Engineering and the legal department, whether or not they
         are patentable or copyrightable or protectable as trade secrets or mask
         works, that are made or conceived or first reduced to practice or
         created by me, either alone or jointly with others, during the period
         of my employment whether or not in the course of my employment.

     b.  I will, at VERITAS' request, promptly execute a specific irrevocable
         assignment of title to VERITAS, and do whatever is deemed necessary or
         advisable by VERITAS to secure and maintain for VERITAS a patent,
         copyrights, or other proprietary interest in Proprietary Information,
         such invention, trade secret, work of authorship, or other proprietary
         interest in such Proprietary Information, invention, trade secret, work
         of authorship, or proprietary materials, and with respect to any
         associated patents, patent applications, copyrights, trade secret
         rights, mask work rights, rights of priority and other intellectual
         property rights, in the United States and in foreign countries both
         during and after my employment with VERITAS.

     c.  I hereby irrevocably transfer and assign to VERITAS any and all "Moral
         Rights" (as defined below) that I may have in or with respect to any
         invention. I also hereby forever waive and agree never to assert any
         and all Moral Rights I may have in or with respect to any invention,
         even after termination of my work on behalf of VERITAS. "Moral Rights"
         means any rights of paternity or integrity, any right to claim
         authorship of any invention, to object to any distortion, mutilation or
         other modification of, or other derogatory action in relation to, any
         invention, whether or not such would be prejudicial to my honor or
         reputation, and any similar right, existing under judicial or statutory
         law of any country in the world, or under any treaty, regardless of
         whether or not such right is denominated or generally referred to as a
         "moral right".

     d.  I acknowledge that any computer program, any programming documentation,
         and any other work of authorship that falls within the scope of
         sections (a) and (c) under paragraph 4 of this Agreement is a "work
         made for hire," and that VERITAS owns all the rights comprised in the
         copyrights for such work.
<PAGE>
7.   I agree to make and maintain adequate and current written records, in a
     form specified by VERITAS, of all Proprietary Information inventions, trade
     secrets, works of authorship, proprietary information, and proprietary
     materials assigned or to be assigned to VERITAS pursuant to paragraph 4 of
     this Agreement; and upon the termination of my employment with VERITAS, I
     agree to surrender to VERITAS all such records and all other tangible items
     and evidence relating thereto.

8.   In further consideration of this Agreement, VERITAS hereby agrees that I
     may use VERITAS facilities, equipment and other resources for work on
     inventions and works of authorship, not coming within the provisions of
     paragraph 4, so long as these activities do not impact my work schedule,
     the work schedule of other employees, or otherwise amount to excessive use
     of such resources. VERITAS recognizes that my professional development and
     standing in the community of software developers is enhanced by such
     activity.

9.   I have attached (as Exhibit A hereto) a complete list of all inventions and
     works of authorship, if any, patented or unpatented, including a brief
     identification of all unpatented inventions and works of authorship that I
     made prior to my employment at VERITAS and which are to be excluded from
     assignment to VERITAS under this Agreement ("Prior Products"). I hereby
     certify that I have no continuing obligations with respect to assignment of
     such Prior Products to any previous employers, nor do I claim any previous
     unpatented inventions within the scope of this Agreement as my own, except
     those which I have listed below. I agree to not use VERITAS' Proprietary
     Information proprietary inventions, or works of authorship, or information
     in making future improvements or revisions to these Prior Products, without
     the express written approval of a corporate officer of VERITAS.

     I hereby grant to VERITAS a non-exclusive, perpetual, irrevocable,
     royalty-free, worldwide license, with rights to sublicense, to use, modify,
     copy, prepare derivative works of and distribute any VERITAS products that
     contain all or any portion of such Prior Products(s). I further understand
     that any improvements, whether patentable or not, made on the listed
     inventions after commencement of my employment by VERITAS are assigned or
     are to be assigned to VERITAS to the extent that such improvements are
     covered by the provisions of paragraph 4 of this Agreement.

10.  During my employment with VERITAS, I may add an invention to the invention
     list described in paragraph 9 in the following way:

     a.   I shall provide, in writing, a brief description and title of the new
          invention to a corporate officer of VERITAS. This description is
          hereafter called the NEW INVENTION NOTICE.

     b.   A review period shall be provided for a new invention. The review
          period shall start on the business day following the receipt of a NEW
          INVENTION NOTICE by a VERITAS corporate officer. This period is
          hereafter called the NEW INVENTION REVIEW PERIOD.

     c.   During the NEW INVENTION REVIEW PERIOD, VERITAS may ask questions, in
          writing, with regard to the new invention and the provisions of
          paragraph 3. I agree to respond, in writing, to all such questions. In
          addition, I agree that any delays introduced by my response shall be
          added to the length of the NEW INVENTION REVIEW PERIOD.

     d.   If a new invention comes within the provisions of paragraph 3, and
          VERITAS provides written notice thereof, along with an explanation, to
          me during the review period, then the new invention shall not be added
          to the list of inventions or works of authorship described by
          paragraph 7. If no such written notice regarding a new invention is
          received within thirty (30) days of the NEW INVENTION NOTICE, then the
          new invention or work of authorship shall be excluded from assignment
          to VERITAS under this Agreement.

11.  I understand that VERITAS, from time to time, may have agreements with
     other persons, companies or with the United States Government or agencies
     thereof which impose obligations or restrictions on VERITAS regarding
     Proprietary Information inventions, trade secrets, works of authorship, and
     proprietary materials made during the course of work under such agreements
     or regarding the confidential nature of such work. I agree to be bound by
     all such obligations and any applicable United States laws or regulations.

                                              Terms and Conditions of Employment
                                                                    Rev. 10/4/94
                                                                          Page 3

<PAGE>
12.  I hereby authorize VERITAS to notify others, including but not limited to
     customers of VERITAS, or my future employers, of the terms of this
     Agreement and my responsibilities hereunder.

13.  In the event of any violation of this Agreement by me, and in addition to
     any relief or remedies to which VERITAS is entitled, I agree that VERITAS
     shall have the right to an immediate injunction, and shall have the right
     to recover the reasonable attorney's fees and court costs  expended in
     connection with any litigation instituted to enforce this Agreement. I
     agree that any dispute in the meaning, effect or validity of this Agreement
     shall be resolved in accordance with the laws of the State of California
     without regard to the conflict of laws provisions thereof. I further agree
     that if one or more provision of this Agreement are held to be
     unenforceable under applicable California law, such provision(s) shall be
     excluded from this Agreement and the balance of the Agreement shall be
     interpreted as if such provision were so excluded and shall be enforceable
     in accordance with its terms.

14.  "VERITAS" as used in this Agreement includes any and all subsidiaries and
     affiliated companies of VERITAS Software Corporation, and this Agreement
     shall inure to the benefit of any successors in interest or of any
     assignees of VERITAS.

15.  During the term of my employment and for one (1) year thereafter, I will
     not encourage or solicit any employee of VERITAS to leave VERITAS for any
     reason. However, this obligations shall not affect any responsibility I may
     have as an employee of VERITAS with respect to the bona fide hiring and
     firing of Company personnel.

16.  Any dispute or claim, whether based on contract, tort, or otherwise,
     relating to or arising out of my employment by VERITAS shall be submitted
     by the parties to arbitration by the American Arbitration Association in
     the City of San Francisco, State of California and shall be subject to
     final and binding arbitration. The arbitrator shall have jurisdiction to
     determine any such claim, and may grant any relief authorized by law. The
     award rendered by the arbitrator shall include costs of arbitration,
     reasonable attorney's fees and reasonable costs for expert and other
     witnesses; provided however that nothing in this Agreement shall be deemed
     as preventing either party from seeking injunctive relief (or any other
     provisional remedy) from the courts as necessary. The parties shall be
     entitled to discovery as provided in the Code of Civil Procedure of the
     State of California, whether or not the California Arbitration Act is
     deemed to apply to said provision.

17.  I understand that this Agreement does not constitute a contract of
     employment or obligate VERITAS to employ me for any stated period of time.
     I understand that my employment with VERITAS is at will and may be
     terminated by VERITAS at any time and for any reason, with or without
     cause.

18.  I acknowledge receipt of a copy of this Agreement and agree that with
     respect to the subject matter hereof, it is my entire agreement with
     VERITAS, superseding any previous oral or written communications,
     representations, undertaking, or agreements with VERITAS or any official or
     representative thereof. This agreement may not be modified or changed
     except in a writing signed by the employee and an officer of the
     corporation.

IN WITNESS WHEREOF, the parties have entered into this Agreement on this 23 day
of May 1997.

     VERITAS SOFTWARE CORPORATION                        EMPLOYEE

By  /s/ KRISTIN CRANE                         /s/ PAUL SALLABERRY
   -------------------------------------    ------------------------------------
                                                        Signature

Its Sr. Human Resources                       Paul Sallaberry
   -------------------------------------    ------------------------------------
                                                       (Please Print)
<PAGE>
                                   EXHIBIT A

                         (AS REFERENCED IN PARAGRAPH 9)

                           DESCRIPTION OF INVENTIONS

                       BEFORE VERITAS SOFTWARE EMPLOYMENT

                           (IF NONE, PLEASE SO STATE)

<Table>
<Caption>
     TITLE OF DOCUMENT                     DATE OF DOCUMENT                   NAME OF WITNESS
     -----------------                     ----------------                   ---------------
<S>                                   <C>                            <C>
           NONE
-------------------------------       ---------------------------    --------------------------------

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-------------------------------       ---------------------------    --------------------------------

-------------------------------       ---------------------------    --------------------------------

-------------------------------       ---------------------------    --------------------------------

-------------------------------       ---------------------------    --------------------------------

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</Table>

          VERITAS SOFTWARE CORPORATION            EMPLOYEE:

By:       /s/ Kristin V. Crane                    /s/ Paul Sallaberry
          -----------------------------------     ------------------------------
                                                  (Signature)

Its:      Sr. Human Resources Adm                 Paul Sallaberry
          -----------------------------------     ------------------------------
                                                  (Please Print)

Date:            5/23/97                                     5/23/97
          -----------------------------------     ------------------------------
                                                  Employee No. & Date

                                              Terms and Conditions of Employment
                                                                    Rev. 10/4/94
                                                                          Page 5
<PAGE>
                                                                       Exhibit C

PRESS RELEASE: FOR IMMEDIATE RELEASE

VERITAS ANNOUNCES PAUL SALLABERRY TO STEP DOWN AS HEAD OF WORLDWIDE FIELD
OPERATIONS

Sallaberry to continue with company as EVP, Sales Strategy

MOUNTAIN VIEW, CALIF. - JANUARY 8, 2003 - VERITAS Software Corporation (Nasdaq:
VRTS), the leading storage software provider, today announced that Paul
Sallaberry will step down from his current position as Executive Vice President
of Worldwide Field Operations at the end of January. Sallaberry will continue
with the company as Executive Vice President, Sales Strategy, assisting Gary
Bloom, CEO, chairman and president, who will lead the sales organization in the
interim period while a search for a replacement is conducted. The company
anticipates announcing a successor within the next six months.

"Paul Sallaberry has contributed greatly over the past 10 years as VERITAS has
grown into one of the leading software companies in the world," said Gary
Bloom. "On behalf of our customers, shareholders and employees, I want to thank
Paul for his unparalleled commitment to the success of the company."

"I am proud to have participated in creating one of the all time great software
companies," said Paul Sallaberry. "This is a decision I have considered
carefully over the past year and I believe this is an excellent time for me to
hand over the reigns of the worldwide sales organization. I look forward to
assisting Gary with the search for the ideal candidate for the global
leadership role, while also focusing on the longer-term sales strategy for the
company."

Bloom further commented, "Similar to other companies in the storage sector who
have recently announced preliminary results, we enjoyed a strong 4th quarter
finish. Our positive results for the year, combined with one of the best sales
teams in the industry, positions us well for 2003." The company expects to
announce its fourth quarter and annual results for 2002 on January 28, 2003.

ABOUT VERITAS SOFTWARE

With revenues of $1.5 billion in 2001, VERITAS Software ranks among the top 10
software companies in the world. VERITAS Software is the world's leading
storage software company, providing data protection, storage management, high
availability and disaster recovery software to 86 percent of the Fortune 500.
VERITAS Software's corporate headquarters is located at 350 Ellis Street,
Mountain View, CA 94043, tel: 650-527-8000, fax: 650-527-8050, e-mail:
vx-sales@veritas.com, Web site: www.veritas.com.

FOR MORE INFORMATION CONTACT:
Press Contacts:
Marlena Fernandez, Public Relations, VERITAS Software
(650) 527-3778, marlena.fernandez@veritas.com

Investor Contact:
Renee Budig, Investor Relations, VERITAS Software
(650) 527-4047, renee.budig@veritas.com

This press release may include estimates and forward-looking statements within
the meaning of the Securities Act of 1933 and the Securities Exchange Act of
1934. These forward-looking statements involve a number of risks and
uncertainties, including the risk that it will be more difficult than we
anticipate to locate and hire a new sales executive; and the risk that our
actual financial results for the fourth quarter and year ended December 31,
2002 may vary from our preliminary expectations

<PAGE>
as a result of adjustments arising out of our year-end financial closing and
preparation of our financial statements. For more information regarding
potential risks, see the "Factors That May Affect Future Results" section of our
most recent report on Form 10-K and Form 10-Q on file with the SEC. We undertake
no obligation to update any forward-looking statement to reflect events or
circumstances after the date hereof.

Copyright 2002 VERITAS Software Corporation. All rights reserved. VERITAS, the
VERITAS Logo and all other VERITAS product names and slogans are trademarks or
registered trademarks of VERITAS Software Corporation. VERITAS and the VERITAS
Logo Reg. U.S. Pat. & Tm. Off. Other product names and/or slogans mentioned
herein may be trademarks or registered trademarks of their respective companies.
<PAGE>
                                                                       Exhibit D

                          VERITAS SOFTWARE CORPORATION

                               INDEMNITY AGREEMENT

      This Indemnity Agreement (this "Agreement"), dated as of May 28, 1999 is
made by and between VERITAS Software Corporation, a Delaware corporation (the
"COMPANY"), and Paul A. Sallaberry, a director and/or officer of the Company
(the "INDEMNITEE").

                                    RECITALS

      A. The Company is aware that competent and experienced persons are
increasingly reluctant to serve as directors or officers of corporations unless
they are protected by comprehensive liability insurance and/or indemnification,
due to increased exposure to litigation costs and risks resulting from their
service to such corporations, and due to the fact that the exposure frequently
bears no reasonable relationship to the compensation of such directors and
officers;

      B. Based upon their experience as business managers, the Board of
Directors of the Company (the "BOARD") has concluded that, to retain and attract
talented and experienced individuals to serve as officers and directors of the
Company, and to encourage such individuals to take the business risks necessary
for the success of the Company, it is necessary for the Company contractually to
indemnify officers and directors and to assume for itself maximum liability for
expenses and damages in connection with claims against such officers and
directors in connection with their service to the Company;

      C. Section 145 of the General Corporation Law of Delaware, under which the
Company is organized ("SECTION 145"), empowers the Company to indemnify by
agreement its officers, directors, employees and agents, and persons who serve,
at the request of the Company, as directors, officers, employees or agents of
other corporations or enterprises, and expressly provides that the
indemnification provided by Section 145 is not exclusive; and

      D. The Company desires and has requested the Indemnitee to serve or
continue to serve as a director or officer of the Company free from undue
concern for claims for damages arising out of or related to such services to the
Company.

      NOW, THEREFORE, the parties hereto, intending to be legally bound, hereby
agree as follows:

      1.    DEFINITIONS.

            1.1 Agent. For the purposes of this Agreement, "agent" of the
      Company means any person who is or was a director or officer of the
      Company or a subsidiary of the Company; or is or was serving at the
      request of, for the convenience of, or to represent the interest of the
      Company or a subsidiary of the Company as a director or

<PAGE>

      officer of another foreign or domestic corporation, partnership, joint
      venture, trust or other enterprise or an affiliate of the Company; or was
      a director or officer of a foreign or domestic corporation which was a
      predecessor corporation of the Company, including, without limitation,
      VERITAS Software Corporation, a California corporation and OpenVision
      Technologies, Inc., a Delaware corporation, or was a director or officer
      of another enterprise or affiliate of the Company at the request of, for
      the convenience of, or to represent the interests of such predecessor
      corporation. The term "enterprise" includes any employee benefit plan of
      the Company, its subsidiaries, affiliates and predecessor corporations.

            1.2 Expenses. For purposes of this Agreement, "expenses" includes
      all direct and indirect costs of any type or nature whatsoever (including,
      without limitation, all attorneys' fees and related disbursements and
      other out-of-pocket costs) actually and reasonably incurred by the
      Indemnitee in connection with the investigation, defense or appeal of a
      proceeding or establishing or enforcing a right to indemnification or
      advancement of expenses under this Agreement, Section 145 or otherwise;
      provided, however, that expenses shall not include any judgments, fines,
      ERISA excise taxes or penalties or amounts paid in settlement of a
      proceeding.

            1.3 Proceeding. For the purposes of this Agreement, "proceeding"
      means any threatened, pending or completed action, suit or other
      proceeding, whether civil, criminal, administrative, investigative or any
      other type whatsoever.

            1.4 Subsidiary. For purposes of this Agreement, "subsidiary" means
      any corporation of which more than 50% of the outstanding voting
      securities is owned directly or indirectly by the Company, by the Company
      and one or more of its subsidiaries or by one or more of the Company's
      subsidiaries.

      2. AGREEMENT TO SERVE. The Indemnitee agrees to serve and/or continue to
serve as an agent of the Company, at the will of the Company (or under separate
agreement, if such agreement exists), in the capacity the Indemnitee currently
serves as an agent of the Company, faithfully and to the best of his ability, so
long as he is duly appointed or elected and qualified in accordance with the
applicable provisions of the charter documents of the Company or any subsidiary
of the Company; provided, however, that the Indemnitee may at any time and for
any reason resign from such position (subject to any contractual obligation that
the Indemnitee may have assumed apart from this Agreement), and the Company or
any subsidiary shall have no obligation under this Agreement to continue the
Indemnitee in any such position.

      3. DIRECTORS' AND OFFICERS' INSURANCE. The Company shall, to the extent
that the Board determines it to be economically reasonable, maintain a policy of
directors' and officers' liability insurance ("D&O INSURANCE"), on such terms
and conditions as may be approved by the Board.

      4. MANDATORY INDEMNIFICATION. Subject to Section 9 below, the Company
shall indemnify the Indemnitee:

<PAGE>

            4.1 Third Party Actions. If the Indemnitee is a person who was or is
      a party or is threatened to be made a party to any proceeding (other than
      an action by or in the right of the Company) by reason of the fact that he
      is or was an agent of the Company, or by reason of anything done or not
      done by him in any such capacity, against any and all expenses and
      liabilities of any type whatsoever (including, but not limited to,
      judgments, fines, ERISA excise taxes or penalties and amounts paid in
      settlement) actually and reasonably incurred by him in connection with the
      investigation, defense, settlement or appeal of such proceeding if he
      acted in good faith and in a manner he reasonably believed to be in, or
      not opposed to, the best interests of the Company and, with respect to any
      criminal action or proceeding, had no reasonable cause to believe his
      conduct was unlawful; and

            4.2 Derivative Actions. If the Indemnitee is a person who was or is
      a party or is threatened to be made a party to any proceeding by or in the
      right of the Company to procure a judgment in its favor by reason of the
      fact that he is or was an agent of the Company, or by reason of anything
      done or not done by him in any such capacity, against any amounts paid in
      settlement of any such proceeding and all expenses actually and reasonably
      incurred by him in connection with the investigation, defense, settlement
      or appeal of such proceeding if he acted in good faith and in a manner he
      reasonably believed to be in, or not opposed to, the best interests of the
      Company; except that no indemnification under this subsection shall be
      made in respect of any claim, issue or matter as to which such person
      shall have been finally adjudged to be liable to the Company by a court of
      competent jurisdiction due to willful misconduct of a culpable nature in
      the performance of his duty to the Company, unless and only to the extent
      that the Court of Chancery or the court in which such proceeding was
      brought shall determine upon application that, despite the adjudication of
      liability but in view of all the circumstances of the case, such person is
      fairly and reasonably entitled to indemnity for such amounts which the
      Court of Chancery or such other court shall deem proper; and

            4.3 Exception for Amounts Covered by Insurance. Notwithstanding the
      foregoing, the Company shall not be obligated to indemnify the Indemnitee
      for expenses or liabilities of any type whatsoever (including, but not
      limited to, judgments, fines, ERISA excise taxes or penalties and amounts
      paid in settlement) to the extent such have been paid directly to the
      Indemnitee by D&O Insurance.

      5. PARTIAL INDEMNIFICATION AND CONTRIBUTION.

            5.1 Partial Indemnification. If the Indemnitee is entitled under any
      provision of this Agreement to indemnification by the Company for some or
      a portion of any expenses or liabilities of any type whatsoever
      (including, but not limited to, judgments, fines, ERISA excise taxes or
      penalties and amounts paid in settlement) incurred by him in the
      investigation, defense, settlement or appeal of a proceeding but is not
      entitled, however, to indemnification for all of the total amount thereof,
      then the Company shall nevertheless indemnify the Indemnitee for such
      total amount except as to the portion thereof to which the Indemnitee is
      not entitled to indemnification.

<PAGE>

            5.2 Contribution. If the Indemnitee is not entitled to the
      indemnification provided in Section 4 for any reason other than the
      statutory limitations set forth in the Delaware General Corporation Law,
      then in respect of any threatened, pending or completed proceeding in
      which the Company is jointly liable with the Indemnitee (or would be if
      joined in such proceeding), the Company shall contribute to the amount of
      expenses (including attorneys' fees), judgments, fines and amounts paid in
      settlement actually and reasonably incurred and paid or payable by the
      Indemnitee in such proportion as is appropriate to reflect (i) the
      relative benefits received by the Company on the one hand and the
      Indemnitee on the other hand from the transaction from which such
      proceeding arose and (ii) the relative fault of the Company on the one
      hand and of the Indemnitee on the other hand in connection with the events
      which resulted in such expenses, judgments, fines or settlement amounts,
      as well as any other relevant equitable considerations. The relative fault
      of the Company on the one hand and of the Indemnitee on the other hand
      shall be determined by reference to, among other things, the parties'
      relative intent, knowledge, access to information and opportunity to
      correct or prevent the circumstances resulting in such expenses,
      judgments, fines or settlement amounts. The Company agrees that it would
      not be just and equitable if contribution pursuant to this Section 5 were
      determined by pro rata allocation or any other method of allocation which
      does not take account of the foregoing equitable considerations.

      6. MANDATORY ADVANCEMENT OF EXPENSES.

            6.1 Advancement. Subject to Section 9 below, the Company shall
      advance all expenses incurred by the Indemnitee in connection with the
      investigation, defense, settlement or appeal of any proceeding to which
      the Indemnitee is a party or is threatened to be made a party by reason of
      the fact that the Indemnitee is or was an agent of the Company or by
      reason of anything done or not done by him in any such capacity. The
      Indemnitee hereby undertakes to promptly repay such amounts advanced only
      if, and to the extent that, it shall ultimately be determined that the
      Indemnitee is not entitled to be indemnified by the Company under the
      provisions of this Agreement, the Certificate of Incorporation or Bylaws
      of the Company, the General Corporation Law of Delaware or otherwise. The
      advances to be made hereunder shall be paid by the Company to the
      Indemnitee within thirty (30) days following delivery of a written request
      therefor by the Indemnitee to the Company.

            6.2 Exception. Notwithstanding the foregoing provisions of this
      Section 6, the Company shall not be obligated to advance any expenses to
      the Indemnitee arising from a lawsuit filed directly by the Company
      against the Indemnitee if an absolute majority of the members of the Board
      reasonably determines in good faith, within thirty (30) days of the
      Indemnitee's request to be advanced expenses, that the facts known to them
      at the time such determination is made demonstrate clearly and
      convincingly that the Indemnitee acted in bad faith. If such a
      determination is made, the Indemnitee may have such decision reviewed by
      another forum, in the manner set forth in Sections 8.3, 8.4 and 8.5
      hereof, with all references therein to "indemnification" being deemed to
      refer to "advancement of expenses," and the burden of proof shall be on
      the Company to demonstrate clearly and convincingly that, based on the
      facts known at the time, the

<PAGE>

      Indemnitee acted in bad faith. The Company may not avail itself of this
      Section 6.2 as to a given lawsuit if, at any time after the occurrence of
      the activities or omissions that are the primary focus of the lawsuit, the
      Company has undergone a change in control. For this purpose, a change in
      control shall mean a given person or group of affiliated persons or groups
      increasing their beneficial ownership interest in the Company by at least
      twenty (20) percentage points without advance Board approval.

      7. NOTICE AND OTHER INDEMNIFICATION PROCEDURES.

            7.1 Promptly after receipt by the Indemnitee of notice of the
      commencement of or the threat of commencement of any proceeding, the
      Indemnitee shall, if the Indemnitee believes that indemnification with
      respect thereto may be sought from the Company under this Agreement,
      notify the Company of the commencement or threat of commencement thereof.

            7.2 If, at the time of the receipt of a notice of the commencement
      of a proceeding pursuant to Section 7.1 hereof, the Company has D&O
      Insurance in effect, the Company shall give prompt notice of the
      commencement of such proceeding to the insurers in accordance with the
      procedures set forth in the respective policies. The Company shall
      thereafter take all necessary or desirable action to cause such insurers
      to pay, on behalf of the Indemnitee, all amounts payable as a result of
      such proceeding in accordance with the terms of such D&O Insurance
      policies.

            7.3 In the event the Company shall be obligated to advance the
      expenses for any proceeding against the Indemnitee, the Company, if
      appropriate, shall be entitled to assume the defense of such proceeding,
      with counsel approved by the Indemnitee (which approval shall not be
      unreasonably withheld), upon the delivery to the Indemnitee of written
      notice of its election to do so. After delivery of such notice, approval
      of such counsel by the Indemnitee and the retention of such counsel by the
      Company, the Company will not be liable to the Indemnitee under this
      Agreement for any fees of counsel subsequently incurred by the Indemnitee
      with respect to the same proceeding, provided that: (a) the Indemnitee
      shall have the right to employ his own counsel in any such proceeding at
      the Indemnitee's expense; (b) the Indemnitee shall have the right to
      employ his own counsel in connection with any such proceeding, at the
      expense of the Company, if such counsel serves in a review, observer,
      advice and counseling capacity and does not otherwise materially control
      or participate in the defense of such proceeding; and (c) if (i) the
      employment of counsel by the Indemnitee has been previously authorized by
      the Company, (ii) the Indemnitee shall have reasonably concluded that
      there may be a conflict of interest between the Company and the Indemnitee
      in the conduct of any such defense or (iii) the Company shall not, in
      fact, have employed counsel to assume the defense of such proceeding, then
      the fees and expenses of the Indemnitee's counsel shall be at the expense
      of the Company.

<PAGE>

      8. DETERMINATION OF RIGHT TO INDEMNIFICATION.

            8.1 To the extent the Indemnitee has been successful on the merits
      or otherwise in defense of any proceeding referred to in Section 4.1 or
      4.2 of this Agreement or in the defense of any claim, issue or matter
      described therein, the Company shall indemnify the Indemnitee against
      expenses actually and reasonably incurred by him in connection with the
      investigation, defense or appeal of such proceeding, or such claim, issue
      or matter, as the case may be.

            8.2 In the event that Section 8.1 is inapplicable, or does not apply
      to the entire proceeding, the Company shall nonetheless indemnify the
      Indemnitee unless the Company shall prove by clear and convincing evidence
      to a forum listed in Section 8.3 below that the Indemnitee has not met the
      applicable standard of conduct required to entitle the Indemnitee to such
      indemnification.

            8.3 The Indemnitee shall be entitled to select the forum in which
      the validity of the Company's claim under Section 8.2 hereof that the
      Indemnitee is not entitled to indemnification will be heard from among the
      following, except that the Indemnitee can select a forum consisting of the
      stockholders of the Company only with the approval of the Company:

            (a) A quorum of the Board consisting of directors who are not
      parties to the proceeding for which indemnification is being sought;

            (b) The stockholders of the Company;

            (c) Legal counsel mutually agreed upon by the Indemnitee and the
      Board, which counsel shall make such determination in a written opinion;

            (d) A panel of three arbitrators, one of whom is selected by the
      Company, another of whom is selected by the Indemnitee and the last of
      whom is selected by the first two arbitrators so selected; or

            (e) The Court of Chancery of Delaware or other court having
      jurisdiction of subject matter and the parties.

            8.4 As soon as practicable, and in no event later than thirty (30)
      days after the forum has been selected pursuant to Section 8.3 above, the
      Company shall, at its own expense, submit to the selected forum its claim
      that the Indemnitee is not entitled to indemnification, and the Company
      shall act in the utmost good faith to assure the Indemnitee a complete
      opportunity to defend against such claim.

            8.5 If the forum selected in accordance with Section 8.3 hereof is
      not a court, then after the final decision of such forum is rendered, the
      Company or the Indemnitee shall have the right to apply to the Court of
      Chancery of Delaware, the court in which the proceeding giving rise to the
      Indemnitee's claim for indemnification is or was pending or

<PAGE>

      any other court of competent jurisdiction, for the purpose of appealing
      the decision of such forum, provided that such right is executed within
      sixty (60) days after the final decision of such forum is rendered. If the
      forum selected in accordance with Section 8.3 hereof is a court, then the
      rights of the Company or the Indemnitee to appeal any decision of such
      court shall be governed by the applicable laws and rules governing appeals
      of the decision of such court.

            8.6 Notwithstanding any other provision in this Agreement to the
      contrary, the Company shall indemnify the Indemnitee against all expenses
      incurred by the Indemnitee in connection with any hearing or proceeding
      under this Section 8 involving the Indemnitee and against all expenses
      incurred by the Indemnitee in connection with any other proceeding between
      the Company and the Indemnitee involving the interpretation or enforcement
      of the rights of the Indemnitee under this Agreement unless a court of
      competent jurisdiction finds that each of the material claims and/or
      defenses of the Indemnitee in any such proceeding was frivolous or not
      made in good faith.

      9. EXCEPTIONS. Any other provision herein to the contrary notwithstanding,
the Company shall not be obligated pursuant to the terms of this Agreement:

            9.1 Claims Initiated by Indemnitee. To indemnify or advance expenses
      to the Indemnitee with respect to proceedings or claims initiated or
      brought voluntarily by the Indemnitee and not by way of defense, except
      with respect to proceedings specifically authorized by the Board or
      brought to establish or enforce a right to indemnification and/or
      advancement of expenses arising under this Agreement, the charter
      documents of the Company or any subsidiary or any statute or law or
      otherwise, but such indemnification or advancement of expenses may be
      provided by the Company in specific cases if the Board finds it to be
      appropriate; or

            9.2 Unauthorized Settlements. To indemnify the Indemnitee hereunder
      for any amounts paid in settlement of a proceeding unless the Company
      consents in advance in writing to such settlement, which consent shall not
      be unreasonably withheld; or

            9.3 Securities Law Actions. To indemnify the Indemnitee on account
      of any suit in which judgment is rendered against the Indemnitee for an
      accounting of profits made from the purchase or sale by the Indemnitee of
      securities of the Company pursuant to the provisions of Section l6(b) of
      the Securities Exchange Act of 1934 and amendments thereto or similar
      provisions of any federal, state or local statutory law; or

            9.4 Unlawful Indemnification. To indemnify the Indemnitee if a final
      decision by a court having jurisdiction in the matter shall determine that
      such indemnification is not lawful. In this respect, the Company and the
      Indemnitee have been advised that the Securities and Exchange Commission
      takes the position that indemnification for liabilities arising under the
      federal securities laws is against public policy and is, therefore,
      unenforceable and that claims for indemnification should be submitted to
      appropriate courts for adjudication.

<PAGE>

      10. NON-EXCLUSIVITY. The provisions for indemnification and advancement of
expenses set forth in this Agreement shall not be deemed exclusive of any other
rights which the Indemnitee may have under any provision of law, the Company's
Certificate of Incorporation or Bylaws, the vote of the Company's stockholders
or disinterested directors, other agreements or otherwise, both as to action in
the Indemnitee's official capacity and to action in another capacity while
occupying his position as an agent of the Company, and the Indemnitee's rights
hereunder shall continue after the Indemnitee has ceased acting as an agent of
the Company and shall inure to the benefit of the heirs, executors and
administrators of the Indemnitee.

      11. GENERAL PROVISIONS

            11.1 Interpretation of Agreement. It is understood that the parties
      hereto intend this Agreement to be interpreted and enforced so as to
      provide indemnification and advancement of expenses to the Indemnitee to
      the fullest extent now or hereafter permitted by law, except as expressly
      limited herein.

            11.2 Severability. If any provision or provisions of this Agreement
      shall be held to be invalid, illegal or unenforceable for any reason
      whatsoever, then: (a) the validity, legality and enforceability of the
      remaining provisions of this Agreement (including, without limitation, all
      portions of any paragraphs of this Agreement containing any such provision
      held to be invalid, illegal or unenforceable that are not themselves
      invalid, illegal or unenforceable) shall not in any way be affected or
      impaired thereby; and (b) to the fullest extent possible, the provisions
      of this Agreement (including, without limitation, all portions of any
      paragraphs of this Agreement containing any such provision held to be
      invalid, illegal or unenforceable, that are not themselves invalid,
      illegal or unenforceable) shall be construed so as to give effect to the
      intent manifested by the provision held invalid, illegal or unenforceable
      and to give effect to Section 11.1 hereof.

            11.3 Modification and Waiver. No supplement, modification or
      amendment of this Agreement shall be binding unless executed in writing by
      both of the parties hereto. No waiver of any of the provisions of this
      Agreement shall be deemed or shall constitute a waiver of any other
      provision hereof (whether or not similar), nor shall such waiver
      constitute a continuing waiver.

            11.4 Subrogation. In the event of full payment under this Agreement,
      the Company shall be subrogated to the extent of such payment to all of
      the rights of recovery of the Indemnitee, who shall execute all documents
      required and shall do all acts that may be necessary or desirable to
      secure such rights and to enable the Company effectively to bring suit to
      enforce such rights.

            11.5 Counterparts. This Agreement may be executed in one or more
      counter-parts, which shall together constitute one agreement.

            11.6 Successors and Assigns. The terms of this Agreement shall bind,
      and shall inure to the benefit of, the successors and assigns of the
      parties hereto.

<PAGE>

            11.7 Notice. All notices, requests, demands and other communications
      under this Agreement shall be in writing and shall be deemed duly given:
      (a) if delivered by hand and receipted for by the party addressee; or (b)
      if mailed by certified or registered mail, with postage prepaid, on the
      third business day after the mailing date. Addresses for notice to either
      party are as shown on the signature page of this Agreement or as
      subsequently modified by written notice.

            11.8 Governing Law. This Agreement shall be governed exclusively by
      and construed according to the laws of the State of Delaware, as applied
      to contracts between Delaware residents entered into and to be performed
      entirely within Delaware.

            11.9 Consent to Jurisdiction. The Company and the Indemnitee each
      hereby irrevocably consent to the jurisdiction of the courts of the State
      of Delaware for all purposes in connection with any action or proceeding
      which arises out of or relates to this Agreement.

            11.10 Attorneys' Fees. In the event Indemnitee is required to bring
      any action to enforce rights under this Agreement (including, without
      limitation, the expenses of any Proceeding described in Section 3), the
      Indemnitee shall be entitled to all reasonable fees and expenses in
      bringing and pursuing such action, unless a court of competent
      jurisdiction finds each of the material claims of the Indemnitee in any
      such action was frivolous and not made in good faith.

      IN WITNESS WHEREOF, the parties hereto have entered into this Indemnity
Agreement effective as of the date first written above.

VERITAS SOFTWARE CORPORATION              INDEMNITEE:

By: /s/ JAY A. JONES                       By: /s/ Paul A. Sallaberry
    -----------------------------------        --------------------------------

Title: Senior Vice President, Chief
Administrative Officer and Secretary

Address: 1600 Plymouth Street              Address:
         ------------------------------            ----------------------------

          Mountain View, CA 94043
---------------------------------------    ------------------------------------

<PAGE>
                                                                      Exhibit E

                             KEY EMPLOYEE AGREEMENT

     THIS KEY EMPLOYEE AGREEMENT, dated as of the 27th day of May, 1999, is by
and between New VERITAS Software Corporation, a Delaware corporation ("New
VERITAS" or the "Company"), and Paul A. Sallaberry (the "Employee")

                                    RECITALS

     A. Employee is employed as a key employee VERITAS Software Corporation
("VERITAS").

     B. VERITAS. New VERITAS, Seagate Technology, Inc., Seagate Software, Inc.
("SSI") and certain of their subsidiaries have entered into an Agreement and
Plan of Reorganization dated as of October 5, 1998, as amended and restated on
April 15, 1999 (the "Reorganization Agreement"), pursuant to which certain
assets of SSI will be contributed to New VERITAS and VERITAS will become a
wholly owned subsidiary of New VERITAS; and

     C. The Company and Employee wish to enter into this Key Employee Agreement
relating to Employee's contemplated employment with the Company

     NOW, THEREFORE, IT IS HEREBY AGREED by and between the parties hereto as
follows:

     1. EMPLOYMENT

          (a) Duties. The Company agrees to employ Employee as Senior Vice
President of Worldwide Sales of the Company, and Employee agrees to perform such
reasonable responsibilities and duties as may be required of him by the Company.
During the Employment Term (as defined in subsection (b) below). Employee shall
carry out his duties and responsibilities hereunder in a diligent and competent
manner and shall devote his full business time, attention and energy thereto.

          (a) Term. The term of Employee's employment under this Agreement (the
"Employment Term") shall commence on the Effective Time (as defined in the
Reorganization Agreement) and shall terminate twelve (12) months after the
Effective Time Employee's employment with the Company shall be "at-will," as
defined under applicable law. At the end of the Employment Term, Employee's
employment shall continue on a month to month basis on the terms and conditions
set forth in this Agreement.

          (b) Place of Employment. During the Employment Term, Employee shall
render his services at the offices of the Company located in Mountain View,
California. Employee shall do such traveling as shall be reasonably necessary in
connection with his duties and responsibilities hereunder and Employee shall be
reimbursed for all reasonable travel and business expenses.

                                       1

<PAGE>
     2. COMPENSATION AND BENEFITS.

          (a) Cash Compensation. The Company shall pay Employee as compensation
for his services a base salary at the annualized rate of $225,000, along with
such performance bonus amounts as the Board of Directors or the Compensation
Committee of the Company (the "Board") shall authorize, in its discretion, from
time to time. Such salary shall be reviewed at least annually and shall be
increased from time to time subject to accomplishment of such performance goals
and objectives as may be established from time to time by the Board. Such
compensation shall be subject to applicable tax withholding and shall be paid
periodically in accordance with normal Company payroll practices. The Employee's
base salary specified in this Section 2(a), together with any increases in such
base salary that the Board may grant from time to time, is referred to in this
Agreement as "Base Compensation."

          (b) Employee Benefits. Employee shall be eligible to participate in
employee benefit plans and executive compensation programs maintained by the
Company applicable to key employees of the Company, including (without
limitation) retirement plans, savings or profit sharing plans, deferred
compensation plans, supplemental retirement or excess-benefit plans, stock
option, incentive or other bonus plans, life, disability, health, accident and
other insurance programs, paid vacations, and similar plans or programs, subject
in each case to the generally applicable terms and conditions of the plan or
program in question and to the determination of any committee administering such
plan or program.

     3. SEVERANCE PAYMENTS.

          (a) Termination Prior to the Last Day of the Employment Term. If,
prior to the last day of the Employment Term, Employee's employment terminates
as a result of an Involuntary Termination (as defined below), then Employee
shall receive the following severance benefits from the Company in lieu of any
other benefits whether or not under this Agreement:

               (i) Severance Payment. A cash payment in an amount equal to the
sum of (A) six (6) months of the Employee's Base Compensation, (B) any unpaid
quarterly bonuses earned by Employee with respect to a previous quarter and (C)
fifty percent (50%) of Employee's target bonus for the fiscal year of the
Company in which such termination occurs. Such cash payment shall be paid in
equal installments over the length of the Consulting Period (as defined in
Section 3(a)(iii));

               (ii) Continued Employee Benefits. Health, dental and life
insurance coverage at the same level of coverage and with the same percentage of
Company-paid coverage as was provided to Employee immediately prior to the
Involuntary Termination (the "Company-Paid Coverage"). If such coverage included
Employee's dependents immediately prior to the Involuntary Termination, such
dependents shall also be included in the Company-Paid Coverage. Company-Paid
Coverage shall continue until the earlier of (i) six (6) months from the date of
the termination of employment or (ii) the date that Employee and his dependents
become covered under group health, dental and life insurance plans, as
applicable, that provide Employee and his dependents with comparable benefits
and levels of coverage. For purposes of the Consolidated Budget Reconciliation

                                       2
<PAGE>
Act of 1985, as amended ("COBRA"), the date of the "qualifying event" for
Employee and his dependents shall be the date upon which the Company-Paid
Coverage terminates; and

               (iii) Consulting Relationship. The Company agrees to retain
Employee as a consultant to the Company for the period commencing with the date
of the Involuntary Termination and ending (i) twelve (12) months after the date
of the Involuntary Termination if the date of the Involuntary Termination is
less than or equal to six (6) months after the Effective Date (as defined in the
Reorganization Agreement) and (ii) nine (9) months after the date of the
Involuntary Termination if the date of the Involuntary Termination is more than
six (6) months after the Effective Date (as defined in the Reorganization
Agreement) (the "Consulting Period"). During the Consulting Period, Employee
shall report to the Board or its designee and shall be available to perform
consulting services for the Company; provided, however, that the Company shall
not require Employee to perform services for more than ten (10) hours in any
one month during the Consulting Period. Only stock options received by Employee
on May 28, 1999 and restricted stock held by Employee on May 28, 1999 shall
continue to vest through the Consulting Period, and all such stock options shall
remain exercisable for three months following the Consulting Period. Any
incentive stock options held by Employee shall automatically convert into
nonstatutory stock options three months and one day following the date of the
Involuntary Termination, to the extent required by law.

          (b) Other Termination. In the event: (i) Employee's employment
terminates by reason of Employee's voluntary resignation not resulting from
an Involuntary Termination; (ii) (ii) the Company terminates Employee's
employment after the last day of the Employment Term or (iii) Employees'
termination by the Company for Cause. Employee shall not be entitled to receive
any severance under Section 3(a) hereof or any other benefits except for those
(if any) as may then be established under the Company's then-existing severance
and benefits plans and policies at the time of such termination.

     4.   COVENANTS NOT TO COMPETE AND NOT TO SOLICIT.

     (a)  Until the end of the Consulting Period as provided for in Section 3
and only to the extent Employee receives severance benefits under Section 3,
upon an Involuntary Termination, the Employee agrees that he shall not be, on
his own behalf, or as owner, manager, advisor, principal, agent, partner,
consultant, director, officer, stockholder or employee of any Restricted
Business, or without the express written authorization of the Company. The
foregoing covenant shall not be deemed to prohibit Employee from acquiring an
investment not more than one percent (1%) of the capital stock of a competing
business, whose stock is traded on a national securities exchange or through the
automated quotation system of a registered securities association. Should
Employee waive any severance benefits provided pursuant to Section 3, this
covenant not to compete in this Section 4(a) shall not apply to Employee.

          (b)  Until one year after termination of Employee's employment, upon
the termination of Employee's employment with the Company for any reason,
Employee agrees that he shall not either directly or indirectly solicit,
induce, attempt to hire, recruit, encourage, take away,

                                       3

<PAGE>
hire any employee of the Company or cause an employee to leave their employment
either for Employee or for any other entity or person.

          (c)  The Employee represents that he (i) is familiar with the
foregoing covenants not to compete and not to solicit, and (ii) is fully aware
of his obligations hereunder, including, without limitation, the reasonableness
of the length of time, scope and geographic coverage of these covenants.

     5.   DEFINITIONS. As used herein, the following terms shall have the
meanings set forth below:

          (a)  Involuntary Termination. "Involuntary Termination" shall mean
after the Effective Time, (i) without Employee's express written consent, the
reduction of Employee's duties, authority or responsibilities, relative to
Employee's duties, authority or responsibilities as in effect immediately prior
to such reduction, or the assignment to Employee of such reduced duties,
authority or responsibilities; (ii) a reduction by the Company in the base
salary of Employee as in effect immediately prior to such reduction; (iii) a
reduction by the Company in the kind or level of target bonus opportunity to
which Employee was entitled immediately prior to such reduction with the result
that Employee's overall cash compensation package is significantly reduced; (iv)
the relocation of Employee to a facility or a location more than thirty (30)
miles from Employee's then present location, without Employee's express written
consent; (v) any termination of Employee by the Company not for Cause; (vi) the
failure of the Company to obtain the assumption of this agreement by any
successors contemplated in Section 6(a) below; and (vii) any act or set of facts
or circumstances that would under California case law or statute, constitute a
constructive termination of Employee.

          (b)  Cause. "Cause" for termination by Company of Employee's
employment shall mean (A) the willful and continued failure by Employee to
follow the lawful written directions of the Board after a written demand for
substantial performance is delivered to Employee by the Board, which demand
identifies the manner in which the Board believes that Employee has not
substantially followed the Board's directions and provides thirty (30) days for
Employee to comply with such demand; (B) the willful engagement by Employee in
conduct which is demonstrably and materially injurious to Company or its
subsidiaries and affiliates, monetarily or otherwise; or (C) a conviction, pleas
of nolo contendere, guilty plea or confession by Employee to an act of fraud,
misappropriation or embezzlement, or to a felony.

          (c)  Restricted Business. "Restricted Business" shall mean a business
(whether a firm, corporation or partnership) which has products which compete
directly with New VERITAS' products; provided, however, that in the case of a
company that has a division that is a Restricted Business, only the division
shall be treated as a Restricted Business and not the entire company. For
example, only the IBM division developing and selling data storage software is a
Restricted Business and the rest of IBM shall not be a Restricted Business.

                                       4
<PAGE>
     6.   NOTICES. Any notice, report or other communication required or
permitted to be given hereunder shall be in writing to both parties and shall
be deemed given on the date of delivery, if delivered, or three days after
mailing, if mailed first-class mail, postage prepaid, (i) if to Employee, at
the home address that he most recently communicated to the Company in writing;
and (ii) if to the Company, at the Company's principal executive offices to the
Chief Executive Officer's attention; or (iii) to such other address as any
party hereto may designate by notice given as herein provided.

     7.   SUCCESSORS.

               (a) Company's Successors. Any successor to the Company (whether
direct or indirect and whether by purchase, merger, consolidation, liquidation
or otherwise) to all or substantially all of the Company's business and/or
assets shall assume the obligations under this Agreement and agree expressly to
perform the obligations under this Agreement in the same manner and to the same
extent as the Company would be required to perform such obligations in the
absence of a succession. For all purposes under this Agreement, the term
"Company" shall include any successor to the Company's business and/or assets
which executes and delivers the assumption agreement described in this Section
6(a) or which becomes bound by the terms of this Agreement by operation of law.

               (b) Employee's Successors. The terms of this Agreement and all
rights of Employee hereunder shall inure to the benefit of, and be enforceable
by, Employee's personal or legal representatives, executors, administrators,
successors, heirs, distributees, devisees and legatees.

     8.   GOVERNING LAW. The validity, interpretation, construction and
performance of this Agreement shall be governed by the laws of the State of
California as applied to agreements entered into and performed within solely by
residents of that state.

     9.   NO DUTY TO MITIGATE. Employee shall not be required to mitigate the
amount of any payment contemplated by this Agreement, nor shall any such
payment be reduced by any earnings that Employee may receive from any other
source.

     10.  SEPARABILITY. In the event that any provision or provisions of this
Agreement is held to be invalid or unenforceable by any court of law or
otherwise, the remaining provisions of this Agreement shall nevertheless
continue to be valid and enforceable as though the invalid or unenforceable
parts had not been included therein.

     11.  ENTIRE AGREEMENT. This Agreement represents the entire agreement and
understanding between the parties as to the subject matter hereof and
supersedes all prior or contemporaneous agreements whether written or oral. No
waiver, alteration or modification of any of the provisions of this Agreement
shall be binding unless in writing and signed by duly authorized
representatives of the parties hereto.

     12.  AMENDMENTS. This Agreement shall not be changed or modified in whole
or in part except by an instrument in writing signed by each party hereto.

                                       5

<PAGE>
     13. EFFECTIVENESS. This Agreement shall become effective and enforceable
on the later of the date it is signed by both parties or the Effective Time (as
defined in the Reorganization Agreement).

     14. COUNTERPARTS. This Agreement may be executed in several counterparts,
each of which shall be an original, but all of which together shall constitute
one and the same agreement.

     15. EFFECT OF HEADINGS. The section headings herein are for convenience
only and shall not affect the construction or interpretation of this Agreement.

              [REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

<PAGE>
     IN WITNESS WHEREOF, the parties hereto have executed this Key Employee
Agreement of the date first written above.

                                        VERITAS HOLDING CORPORATION,
                                        A DELAWARE CORPORATION
                                        /S/ Mark Leslie
                                        ----------------------------
                                        Mark Leslie, Chief Executive
                                        Officer

                                        EMPLOYEE
                                        /S/ Paul A. Sallaberry
                                        ----------------------------
                                        Paul A. Sallaberry

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