Document:

Amended and Restated 2000 Director and Officer Stock Option and Incentive Plan

 Exhibit 10.4 
  
 CITRIX SYSTEMS, INC. 
  
 2000 DIRECTOR AND OFFICER
STOCK OPTION AND INCENTIVE PLAN 
 NON-QUALIFIED STOCK OPTION AGREEMENT 
  
 Citrix Systems, Inc. (the “Company”) hereby grants the following stock option pursuant to its 2000 Director and Officer Stock Option and
Incentive Plan. The terms and conditions attached hereto are also a part hereof. 
  

			
	 Name of option holder (the “Participant”):
	 	 
	 Date of this option grant:
	 	 
	 Number of shares of the Company’s Common
 Stock subject to this option (“Option Shares”):
	 	 
	 Option exercise price per share:
	 	 
	 Number, if any, of Option Shares that may be
 purchased on or after grant date:
	 	 
	 Number of Option Shares subject to vesting schedule:
	 	 
	 Vesting Start Date:
	 	 

  
 Vesting
Schedule: 
  

			
	One year from Vesting Start Date:	 	[an additional]                          shares
	Two years from Vesting Start Date:	 	an additional                          shares
	Three years from Vesting Start Date:	 	an additional                          shares
	Four years from Vesting Start Date:	 	all remaining shares
	 Payment alternatives (specify any or all of
 Section
7(a)(i) though (iv):
	 	 

  

					
	 	 	      CITRIX SYSTEMS, INC.
	  

	 	 	 	 
	Signature of Participant	 	By:	 	  

	  

	 	 	 	Name of Officer:
	Street Address	 	 	 	Title:
	  

	 	 	 	 
	City/State/Zip Code	 	 	 	 

 CITRIX SYSTEMS, INC. 
  
 NON-QUALIFIED STOCK OPTION AGREEMENT —
INCORPORATED TERMS AND CONDITIONS 
  
 1. Grant Under Plan. This option is granted pursuant to and is governed by the Company’s 2000 Director and Officer Stock Option and Incentive
Plan (the “Plan”) and, unless the context otherwise requires, terms used herein shall have the same meaning as in the Plan. 
  
 2. Grant as Non-Qualified Stock Option. This option is a non-statutory stock option and is not intended to qualify as an incentive stock option
under Section 422 of the Internal Revenue Code of 1986, as amended, and the regulations thereunder (the “Code”). 
  
 3. Vesting of Option if Business Relationship Continues. The Participant may exercise this option on or after the date of this option grant for the
number of shares of Common Stock, if any, indicated on the cover page hereof. If the Participant has continued to serve the Company or any Subsidiary in the capacity of an employee, officer, director, advisor or consultant (such service is described
herein as maintaining or being involved in a “Business Relationship with the Company”) through the dates listed on the vesting schedule set forth on the cover page hereof, the Participant may exercise this option for the additional number
of shares of Common Stock set opposite the applicable vesting date. Notwithstanding the foregoing, the Board may, in its discretion, accelerate the date that any installment of this option becomes exercisable. The foregoing rights are cumulative and
(subject to Sections 4 or 5 hereof if the Participant’s Business Relationship with the Company terminates) may be exercised only before the date which is ten years from the date of this option grant. 
  
 4. Termination of Business Relationship. 
  
 (a) Termination Other Than for Cause. If the
Participant’s Business Relationship with the Company is terminated, other than by reason of death or disability as defined in Section 5 or termination for Cause as defined in Section 4(c), no further installments of this option shall become
exercisable, and this option may no longer be exercised after the passage of three months from the date the Participant’s Business Relationship with the Company terminates, but in no event later than the scheduled expiration date. For purposes
hereof, Participant’s Business Relationship with the Company shall not be considered as having terminated during any leave of absence if such leave of absence has been approved in writing by the Company and if such written approval
contractually obligates the Company to continue the Participant’s Business Relationship with the Company after the approved period of absence. In the event of such an approved leave of absence, vesting of this option shall be suspended (and the
period of the leave of absence shall be added to all vesting dates) unless otherwise provided in the Company’s written approval of the leave of absence. This option shall not be affected by any change of Business Relationship within or among
the Company and its Subsidiaries so long as the Participant continuously maintains his Business Relationship with the Company or any Subsidiary. 

 (b) Termination for Cause. If Participant’s Business Relationship with the
Company is terminated for Cause (as defined in Section 4(c)), this option shall no longer be exercised upon the Participant’s receipt of written notice of such termination. 
  
 (c) Definition of Cause. “Cause” shall mean conduct involving one or more of the
following: (i) the substantial and continuing failure of the Participant, after notice thereof, to render services to the Company in accordance with the terms or requirements of his or her Business Relationship with the Company; (ii) disloyalty,
gross negligence, willful misconduct, dishonesty, fraud or breach of fiduciary duty to the Company; (iii) deliberate disregard of the rules or policies of the Company, or breach of an agreement with the Company, which results in direct or indirect
loss, damage or injury to the Company; (iv) the unauthorized disclosure of any trade secret or confidential information of the Company; or (v) the commission of an act which constitutes unfair competition with the Company or which induces any
customer or supplier to breach a contract with the Company. 
  
 5.
Death; Disability. 
  
 (a) Death.
If the Participant is a natural person who dies during the course of his or her Business Relationship with the Company, this option may be exercised, to the extent otherwise exercisable on the date of his or her death, by the Participant’s
estate, personal representative or beneficiary to whom this option has been transferred pursuant to Section 10, only at any time within 180 days after the date of death, but not later than the scheduled expiration date. 
  
 (b) Disability. If the Participant is a natural
person whose Business Relationship with the Company is terminated by reason of his or her disability, this option may be exercised, to the extent otherwise exercisable on the date of cessation of Participant’s Business Relationship with the
Company, only at any time within 180 days after such cessation of Participant’s Business Relationship with the Company, but not later than the scheduled expiration date. For purposes hereof, “disability” means
“permanent and total disability” as defined in Section 22(e)(3) of the Code. 
  
 6. Partial Exercise. This option may be exercised in part at any time and from time to time within the above limits, except that this option may not be exercised for a fraction of a share. 
  
 7. Payment of Exercise Price. 
  
 (a) Payment Options. The exercise price shall be paid
by one or any combination of the following forms of payment that are applicable to this option, as indicated on the cover page hereof: 
  

	 	(i)	by check payable to the order of the Company; or 

  

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	 	(ii)	if the Common Stock is then traded on a national securities exchange or on the Nasdaq National Market (or successor trading system), delivery of an irrevocable and unconditional
undertaking, satisfactory in form and substance to the Company, by a creditworthy broker to deliver promptly to the Company sufficient funds to pay the exercise price, or delivery by the Participant to the Company of a copy of irrevocable and
unconditional instructions, satisfactory in form and substance to the Company, to a creditworthy broker to deliver promptly to the Company cash or a check sufficient to pay the exercise price; or 

  

	 	(iii)	subject to Section 7(b) below, if the Common Stock is then traded on a national securities exchange or on the Nasdaq National Market (or successor trading system), by delivery of
shares of Common Stock having a fair market value equal as of the date of exercise to the option price; or 

  

	 	(iv)	by check payable to the order of the Company for the par value of the shares being purchased plus delivery of the Participant’s three-year personal full recourse promissory
note for the balance of the exercise price, with such note bearing interest payable not less than annually at the applicable Federal rate, as defined in Section 1274(d) of the Code. 

  
 In the case of (iii) above, fair market value as of the date
of exercise shall be determined as of the last business day for which such prices or quotes are available prior to the date of exercise and shall mean (i) the last reported sale price (on that date) of the Common Stock on the principal national
securities exchange on which the Common Stock is traded, if the Common Stock is then traded on a national securities exchange; or (ii) the last reported sale price (on that date) of the Common Stock on the Nasdaq National Market (or successor
trading system), if the Common Stock is not then traded on a national securities exchange. 
  
 (b) Limitations on Payment by Delivery of Common Stock. If Section 7(a)(iii) is applicable, and if the Participant delivers Common
Stock held by the Participant (“Old Stock”) to the Company in full or partial payment of the exercise price and the Old Stock so delivered is subject to restrictions or limitations imposed by agreement between the Participant and
the Company, an equivalent number of Option Shares shall be subject to all restrictions and limitations applicable to the Old Stock to the extent that the Participant paid for the Option Shares by delivery of Old Stock, in addition to any
restrictions or limitations imposed by this Agreement. Notwithstanding the foregoing, the Participant may not pay any part of the exercise price hereof by transferring Common Stock to the Company unless such Common Stock has been owned by the
Participant free of any substantial risk of forfeiture for at least six months. 
  
 8. Securities Laws Restrictions on Resale. Until registered under the Securities Act of 1933, as amended, or any successor statute (the “Securities Act”), the Option Shares will be of an
illiquid nature and will be deemed to be “restricted securities” for 

  

 - 3 - 

 
purposes of the Securities Act. Accordingly, such shares must be sold in compliance with the registration requirements of the Securities Act or an exemption
therefrom. Unless the Option Shares have been registered under the Securities Act, each certificate evidencing any of the Option Shares shall bear a legend substantially as follows: 
  
 “The shares represented by this certificate are subject to restrictions on transfer and may not be sold, exchanged,
transferred, pledged, hypothecated or otherwise disposed of except in accordance with and subject to all the terms and conditions of a certain Non-Qualified Stock Option Agreement dated as of
            , a copy of which the Company will furnish to the holder of this certificate upon request and without charge.” 
  
 9. Method of Exercising Option. Subject to the terms and conditions of
this Agreement, this option may be exercised by written notice to the Company at its principal executive office, or to such transfer agent as the Company shall designate. Such notice shall state the election to exercise this option and the number of
Option Shares for which it is being exercised and shall be signed by the person or persons so exercising this option. Such notice shall be accompanied by payment of the full purchase price of such shares, and the Company shall deliver a certificate
or certificates representing such shares as soon as practicable after the notice shall be received. Such certificate or certificates shall be registered in the name of the person or persons so exercising this option (or, if this option shall be
exercised by the Participant and if the Participant shall so request in the notice exercising this option, shall be registered in the name of the Participant and another person jointly, with right of survivorship). In the event this option shall be
exercised, pursuant to Section 5 hereof, by any person or persons other than the Participant, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise this option. 
  
 10. Option Not Transferable. This option is not transferable or
assignable except by will or by the laws of descent and distribution. During the Participant’s lifetime only the Participant can exercise this option. 
  
 11. No Obligation to Exercise Option. The grant and acceptance of this option imposes no obligation on the Participant to exercise it. 

 
 12. No Obligation to Continue Business Relationship. Neither the
Plan, this Agreement, nor the grant of this option imposes any obligation on the Company to continue the Participant’s Business Relationship with the Company. 
  
 13. Adjustments. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of
the Company, no adjustment shall be made for dividends or similar rights for which the record date is prior to such date of exercise. 
  
 14. Withholding Taxes. If the Company in its discretion determines that it is obligated to withhold any tax in connection with the exercise of this
option, or in connection with the transfer of, or the lapse of restrictions on, any Common Stock or other property 

  

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acquired pursuant to this option, the Participant hereby agrees that the Company may withhold from the Participant’s wages or other remuneration the
appropriate amount of tax. At the discretion of the Company, the amount required to be withheld may be withheld in cash from such wages or other remuneration or in kind from the Common Stock or other property otherwise deliverable to the Participant
on exercise of this option. The Participant further agrees that, if the Company does not withhold an amount from the Participant’s wages or other remuneration sufficient to satisfy the withholding obligation of the Company, the Participant will
make reimbursement on demand, in cash, for the amount underwithheld. 
  
 15. No Rights as Stockholder until Exercise. The Participant shall have no rights as a stockholder with respect to the Option Shares until such time as the Participant has exercised this option by delivering a notice of exercise and
has paid in full the purchase price for the number of shares for which this option is to be so exercised in accordance with Section 9. 
  
 16. Lock-up Agreement. The Participant agrees that in connection with an underwritten public offering of Common Stock, upon the request of the
Company or the principal underwriter managing such public offering, the Option Shares may not be sold, offered for sale or otherwise disposed of, directly or indirectly, without the prior written consent of the Company or such underwriter, as the
case may be, for such period of time after the execution of an underwriting agreement in connection with such offering that all of the Company’s then directors and executive officers agree to be similarly bound. 
  
 17. Arbitration. Any dispute, controversy, or claim arising out of, in
connection with, or relating to the performance of this Agreement or its termination shall be settled by arbitration in the State of Florida, pursuant to the rules then obtaining of the American Arbitration Association. Any award shall be final,
binding and conclusive upon the parties and a judgment rendered thereon may be entered in any court having jurisdiction thereof. 
  
 18. Provision of Documentation to Participant. By signing this Agreement the Participant acknowledges receipt of a copy of this Agreement
and a copy of the Plan. 
  
 20. Miscellaneous. 

 
 (a) Notices. All notices hereunder shall be in
writing and shall be deemed given when sent by certified or registered mail, postage prepaid, return receipt requested, if to the Participant, to the address set forth below or at the address shown on the records of the Company, and if to the
Company, to the Company’s principal executive offices, attention of the Corporate Secretary. 
  
 (b) Entire Agreement; Modification. This Agreement constitutes the entire agreement between the parties relative to the subject
matter hereof, and supersedes all proposals, written or oral, and all other communications between the parties relating to the subject matter of this Agreement. This Agreement may be modified, amended or rescinded only by a written agreement
executed by both parties. 
  

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 (c) Fractional Shares. If this option becomes exercisable for a fraction of a
share because of the adjustment provisions contained in the Plan, such fraction shall be rounded down. 
  
 (d) Issuances of Securities; Changes in Capital Structure. Except as expressly provided herein or in the Plan, no issuance by the
Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares subject to this option. No
adjustments need be made for dividends paid in cash or in property other than securities of the Company. If there shall be any change in the Common Stock of the Company through merger, consolidation, reorganization, recapitalization, stock dividend,
stock split, combination or exchange of shares, liquidation, spin-off, split-up or other similar change in capitalization or event, the restrictions contained in this Agreement shall apply with equal force to additional and/or substitute securities,
if any, received by the Participant in exchange for, or by virtue of his or her ownership of, Option Shares, except as otherwise determined by the Board. 
  
 (e) Severability. The invalidity, illegality or unenforceability of any provision of this Agreement shall in no way affect the
validity, legality or enforceability of any other provision. 
  
 (f) Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, subject to the limitations set forth in Section 10
hereof. 
  
 (g) Governing Law. This
Agreement shall be governed by and interpreted in accordance with the laws of the State of Delaware, without giving effect to the principles of the conflicts of laws thereof. 
  

 - 6 -Omnibus Assumption and Amendment Agreement

 Exhibit 10.42 
 OMNIBUS ASSUMPTION AND AMENDMENT AGREEMENT 
 This OMNIBUS ASSUMPTION AND AMENDMENT AGREEMENT (this “Agreement”) is entered into as of May 30, 2007 among
CITRIX SYSTEMS, INC., a Delaware corporation, as Lessee (the “Lessee”), CITRIX CAPITAL CORP., a Nevada corporation, as Guarantor (the
“Original Guarantor”), PENINSULA INVESTMENT CORP., a Delaware corporation (the “New Guarantor”), SELCO SERVICE CORPORATION, an Ohio
corporation, as Lessor (the “Lessor”), KEYBANK NATIONAL ASSOCIATION (as successor to Key Corporate Capital Inc.) and ALLIED IRISH
BANKS P.L.C., as Lenders (the “Lenders”), and KEYBANK NATIONAL ASSOCIATION, a national banking association (as
successor to Key Corporate Capital Inc.), as administrative agent for the Participants (the “Administrative Agent”) and as collateral agent (the “Collateral Agent”). 
 W I T N E S S E T
H : 
 WHEREAS, the parties hereto (other than the New Guarantor) are party to that certain Participation
Agreement dated as of April 23, 2002 (as heretofore amended, the “Participation Agreement”); capitalized terms not otherwise defined herein shall have the meanings assigned thereto in the Participation Agreement; 
 WHEREAS, the Original Guarantor wishes to assign all of its rights and obligations as Guarantor under the Guaranty dated as of
April 23, 2002 (the “Original Guaranty”) and the other Operative Documents to the New Guarantor, the New Guarantor wishes to assume all of the obligations of the Original Guarantor thereunder and the Original Guarantor and the
New Guarantor wish to obtain the consent of the Lenders, the Lessor, the Collateral Agent and the Administrative Agent to such assignment and assumption; 
 WHEREAS, pursuant to New Guarantor’s assumption of the Original Guarantor’s obligations under the Original Guaranty, Original Guarantor has agreed to sell, and New Guarantor has agreed to buy,
all assets held by KeyBank National Association pursuant to that certain Deposit Account Control Agreement dated April 23, 2002 from Original Guarantor to KeyBank National Association (the “Depositary”), effective as of the
date hereof, and pursuant to the purchase and sale of such collateral, Original Guarantor and New Guarantor have directed the Depositary to transfer all such collateral from the Original Guarantor’s existing deposit account with Depositary to a
new deposit account to be held by Depositary in the name of the New Guarantor, and the Original Guarantor and the New Guarantor wish to obtain the consent of the Lenders, the Lessor, the Collateral Agent and the Administrative Agent to such
transfer; and 
 WHEREAS, in connection with such assignment and assumption and transfer, the New Guarantor will execute and
deliver the following documents, each dated as of the date hereof and in substantially the forms entered into by the Original Guarantor and otherwise in form and substance satisfactory to the Administrative Agent (collectively, the
“Assumption Documents”): (i) a Guaranty Agreement, (ii) a Pledge Agreement, (iii) a Control Agreement, and (iv) a custody and investment management agreement with KeyBank National Association. 

 NOW, THEREFORE, in consideration of the mutual agreements contained herein,
and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 Section 1. Assignment and Assumption; Consent. 
 (a) The Original Guarantor hereby assigns and transfers to the New
Guarantor all of the Original Guarantor’s right, title, interest and obligations in, to and under the Original Guaranty and the other Operative Documents. 
 (b) The New Guarantor hereby irrevocably, absolutely, unconditionally and expressly assumes, in accordance with the terms and conditions of the Guaranty (in the form attached hereto as Exhibit A), the due and punctual
payment, performance and observance of each agreement and condition contained in the Operative Documents to be paid, performed or observed by the “Guarantor”, known or unknown, whether arising prior to the date hereof or hereafter, and
agrees to be bound by all of the provisions of the Operative Documents with the same effect as if the New Guarantor were the named party therein. Except as expressly stated herein, the Original Guarantor shall not be released from any obligations
under the Operative Documents arising prior to the Effective Date. 
 (c) Subject to the terms and conditions of this Agreement, the Lenders,
the Lessor, the Administrative Agent and the Collateral Agent (i) consent and agree to the foregoing assignment and assumption and the substitution of the New Guarantor under the Operative Documents and that from and after the Effective Date,
all references in the Operative Documents to the Original Guarantor shall be deemed to be references to the New Guarantor; (ii) consent and agree to the Depositary’s transfer of the collateral from the Original Guarantor’s Deposit
Account to a Deposit Account held by Depositary in the name of the New Guarantor; (iii) agree that, following the Effective Date, the Original Guarantor may be dissolved (and waive any potential Event of Default under Section 16.1(g) of
the Lease that may result from such dissolution of the Original Guarantor); and (iv) agree that, following the Effective Date, the Pledge Agreement and the Control Agreement executed and delivered by the Original Guarantor shall be terminated.

 Section 2. Amendments. From and after the Effective Date, Appendix A to the Participation Agreement is hereby amended as
follows: 
 (a) The definitions of “Administrative Agent”, “Collateral Agent” and
“Guarantor” are amended in their entirety to provide as follows: 
 “Administrative Agent”
means KeyBank National Association, a national banking association (as successor to Key Corporate Capital Inc., a Michigan corporation). 

 “Collateral Agent” means KeyBank National Association, a national
banking association (as successor to Key Corporate Capital Inc., a Michigan corporation). 
 “Guarantor”
means Peninsula Investment Corp., a Delaware corporation, as assignee of and successor to Citrix Capital Corp., a Nevada corporation. 
 “Original Guarantor” means Citrix Capital Corp., a Nevada corporation. 
 (b) New
definitions of “Control Agreement”, “Guaranty” and “Pledge Agreement” added to Appendix A in correct alphabetical order as follows: 
 “Control Agreement” means the Deposit Account Control Agreement dated May 30, 2007 from the Original Guarantor and
the Guarantor to KeyBank National Association, as depositary. 
 “Guaranty” means the Guaranty, dated as of
May 30, 2007, from the Guarantor to the Lessor and the Lenders. 
 “Pledge Agreement” means the Pledge
Agreement, dated as of May 30, 2007, from the Guarantor to the Collateral Agent. 
 (c) Clause (k) of the definition of
“Operative Documents” is amended in its entirety to provide as follows: 
 (k) the Guaranty and each other
document, agreement, certificate or instrument delivered in connection with the foregoing (including any amendment or other modification to any of the foregoing). 
 Section 3. Representations and Warranties. The Original Guarantor, the New Guarantor and the Lessee hereby represent and warrant to the Administrative Agent, the Collateral Agent, the Lessor and the
Lenders as follows: 
 (a) No Default or Event of Default has occurred and is continuing (or would result from the amendment
of the Participation Agreement contemplated hereby). 
 (b) The execution, delivery and performance by the Original Guarantor
and the Lessee of this Agreement, and by the New Guarantor of this Agreement and the Assumption Documents, has been duly authorized by all necessary corporate and other action and do not and will not require any registration with, consent or
approval of, or notice to or action by, any Person (including any Governmental Authority) in order to be effective and enforceable. 

 (c) This Agreement, the Participation Agreement (as amended by this Agreement) and the
Assumption Documents constitute the legal, valid and binding obligations of the Original Guarantor, the New Guarantor and the Lessee, as applicable, enforceable against it in accordance with their respective terms. 
 (d) All representations and warranties of the Original Guarantor and the Lessee in the Participation Agreement are true and correct
(except to the extent such representations and warranties expressly refer to an earlier date, in which case they shall be true and correct as of such earlier date and except that this subsection (d) shall be deemed instead to refer to the last
day of the most recent quarter and year for which audited or unaudited financial statements, as applicable, have then been delivered in respect of the representation and warranty made in Section 8.1(d) of the Participation Agreement). The New
Guarantor hereby makes the representations of the Original Guarantor in the Participation Agreement as of the date hereof, such representations being incorporated by reference herein as if fully set forth herein; provided that references to
the “Operative Documents” therein shall mean the Operative Documents as amended hereby. 
 (e) The Original
Guarantor, the New Guarantor and the Lessee are entering into this Agreement on the basis of their own investigation and for their own reasons, without reliance upon any of the Lessor, the Lenders, the Collateral Agent, the Administrative Agent or
any other Person. 
 (f) The Original Guarantor’s, the New Guarantor’s and the Lessee’s obligations under the
Master Lease, the Participation Agreement, the Guaranty and the other Operative Documents are not subject to any defense, counterclaim, set-off, right of recoupment, abatement or other claim. 
 (g) The New Guarantor is an Affiliate of the Lessee with assets having a net worth equal to or greater than the assets of the Original
Guarantor at the time of the assignment, and such assignment to the New Guarantor will not in any material respect impair the rights and remedies of any Guaranteed Party (as defined in the Guaranty) under the Guaranty. 
 (h) The New Guarantor has good and marketable title to the Collateral, free and clear of all Liens other than the Lien of the Collateral
Agent. 
 Section 4. Conditions Precedent. This Agreement shall be effective on the date (the “Effective Date”)
on which each of the following conditions precedent is satisfied: 
 (a) this Agreement and each Assumption Document shall
have been duly authorized, executed and delivered by each of the parties hereto. 
 (b) the Collateral Agent shall have
confirmed that the Collateral required under the Pledge Agreement has been transferred by the Depositary to the Deposit Account. 

 (c) the New Guarantor shall have delivered a certificate of a Secretary or Assistant
Secretary certifying as to its articles of incorporation, by-laws, authorizing resolutions and incumbency and specimen signatures of officers, such certificate to be reasonably satisfactory to the Administrative Agent. 
 (d) the New Guarantor shall have delivered an opinion of counsel reasonably satisfactory to the Administrative Agent to the effect that
(i) upon the execution and delivery of this Agreement, all of the Original Guarantor’s obligations under the Operative Documents, including, without limitation, the due and punctual performance and observance of each covenant and condition
of the Guaranty, the Participation Agreement and the other Operative Documents has been effectively assumed by the New Guarantor, (ii) that this Agreement and the Assumption Documents have been duly authorized, executed and delivered by, and
this Agreement and the Operative Documents and the Assumption Documents constitute a legal, valid and binding agreement of, the New Guarantor enforceable against the New Guarantor in accordance with their terms subject to such reasonable exceptions
customarily stated with respect to such opinions, and (iii) all UCC and other filings necessary to perfect the Collateral Agent’s lien and security interest in the Collateral have been made. Such opinion of counsel shall also address such
additional matters as the Administrative Agent may reasonably request. 
 (e) the Administrative Agent, each Lender and the
Lessor shall have received such evidence as it may reasonably request relating to the business, operations and financial condition of the New Guarantor as it may reasonably request. 
 (f) the Administrative Agent, each Lender and the Lessor shall have received all other documents it may reasonably request relating to any
matters relevant hereto, all in form and substance satisfactory to such Person. 
 Section 5. Continuing Effectiveness; Ratification
of Guaranty. As herein amended, the Participation Agreement and each of the Operative Documents shall remain in full force and effect and each of the agreements, guarantees and obligations contained therein (as amended hereby) is hereby ratified
and confirmed in all respects. After the date hereof, all references to the “Participation Agreement” in the Operative Documents shall refer to the Participation Agreement as amended hereby. 
 Section 6. Counterparts. This Agreement may be executed in any number of counterparts and by the different parties on separate counterparts,
and each such counterpart shall be deemed to be an original but all such counterparts shall together constitute one and the same Agreement. 
 Section 7. Governing Law. This Agreement shall be a contract made under and governed by the laws of the State of New York applicable to contracts made and to be performed entirely within such state. 

 Section 8. Successors and Assigns. This Agreement shall be binding upon the parties hereto
and their respective successors and assigns, and shall inure to the benefit of the parties hereto, and their respective successors and assigns. 
 Section 9. Expenses. The Lessee will pay all costs and expenses, including fees and expenses of counsel, incurred by the Lessor, the Lenders, the Administrative Agent and the Collateral Agent in connection with this Agreement
and the transactions contemplated hereby. 
 [Signature Pages to Follow] 

 This Agreement is entered into between us for the uses and purposes hereinabove set forth as of the date
first above written 
  

			
	CITRIX SYSTEMS, INC., as Lessee
		
	By	 	 /s/ Karen Leopardi

		 	Its Treasurer
	
	CITRIX CAPITAL CORP., as Original Guarantor
		
	By	 	 /s/ L. Monte Miller

		 	Its
	
	PENINSULA INVESTMENT CORP., as New Guarantor
		
	By	 	 /s/ Thomas P. Laskaris

		 	Its Secretary

			
	SELCO SERVICE CORPORATION, as Lessor
		
	By	 	 /s/ Donald C. Davis

		 	Its Vice President
	
	 KEYBANK NATIONAL ASSOCIATION, in its
 individual capacity as a Lender and also as
 Administrative Agent and
Collateral Agent

		
	By	 	 /s/ Kim A. Richmond

		 	Its Assistant Vice President
	
	ALLIED IRISH BANKS P.L.C., as a Lender
		
	By	 	 /s/ Peter M. McDonnell

		 	Its
		
	By	 	  

		 	Its

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