Document:

Letter Agreement with Mazama Capital Management, Inc.

Exhibit 10.30 
 
[Letterhead of Onyx Software Corporation] 
March 5, 2003 
 
Mazama Capital Management, Inc. 
One SW Columbia, Suite 1500 
Portland, OR 97258 
 

	Re:	 	Letter Agreement 

 
Ladies and Gentlemen: 
 
We are in receipt of your letter dated March 4, 2003 relating to your beneficial ownership of 10,779,600 shares of Common Stock (the “Shares”)
of Onyx Software Corporation (“Onyx”), which constitute approximately 21.1% of the outstanding shares of Onyx Common Stock. The Board of Directors of Onyx has reviewed your letter and determined that Mazama’s acquisition of the shares
was made in good faith and without knowledge that such acquisition would, absent this determination by Onyx’s Board of Directors, make Mazama an “Acquiring Person” under the Rights Agreement dated October 25, 1999 between the Company
and Mellon Investor Services LLC, formerly known as ChaseMellon Shareholder Services L.L.C., as rights agent (the “Rights Agreement”). 
 
Under the terms of the Rights Agreement, Mazama would be required to divest itself of any Shares in excess of the number of Shares that would constitute
15% of Onyx’s issued and outstanding shares of Common Stock. Because it would be in neither our interest nor yours for Mazama to divest itself of excess Shares at this time, the Board of Directors has approved, conditioned upon your execution
of this Letter Agreement, an amendment to the Rights Agreement, in the form attached hereto as Exhibit A (the “Amendment”), under which Mazama will become a “Grandfathered Shareholder,” and will thereby be permitted to retain its
current ownership interest in Onyx. 
 
In consideration of Onyx
entering into the Amendment, Mazama hereby agrees that so long as Mazama “Beneficially Owns” (as defined in Section 1 of the Rights Agreement) more than 15% of Onyx’s outstanding shares of Common Stock, Mazama shall not: 
 

	 	(i)	 	in any manner acquire, agree to acquire or make any proposal to acquire, directly or indirectly, any voting securities or assets of Onyx or any of its subsidiaries;

 

	 	(ii)	 	propose to enter into, directly or indirectly, any merger or business combination involving Onyx or any of its subsidiaries or to purchase, directly or indirectly, a
material portion of the assets of Onyx or any of its subsidiaries; 

 

Mazama Capital Management, Inc. 
March 5, 2003 
Page 2 
 

	 	(iii)	 	make, or in any way participate, directly or indirectly, in any “solicitation” of “proxies” (as such terms are used in the proxy rules of the
Securities and Exchange Commission) to vote, or seek to advise or influence any person with respect to the voting of any voting securities of Onyx or any of its subsidiaries; 

 

	 	(iv)	 	form, join or in any way participate in a “group” (within the meaning of Section 13 (d)(3) of the Securities Exchange Act of 1934, as amended) or otherwise
act, alone or in concert with others, to seek to control or influence the management, Board of Directors or policies of Onyx; 

 

	 	(v)	 	vote against any candidates for Onyx’s Board of Directors recommended by Onyx or vote in favor of any candidates for Onyx’s Board of Directors who are not
recommended by Onyx; 

 

	 	(vi)	 	advise, assist or encourage any other persons in connection with any of the foregoing; 

 

	 	(vii)	 	request that Onyx (or its directors, shareholders, officers, employees or agents), directly or indirectly, amend or waive any provision of this Letter Agreement; or

 

	 	(viii)	 	take any action which might require Onyx to make a public announcement regarding the possibility of a business combination, merger or sale of assets.

 
Promptly following execution of this Letter
Agreement, Onyx agrees to enter into the Amendment. 
 
If Mazama
agrees with the foregoing, please execute this Letter Agreement in the space provided below. 
 

	 Sincerely,
  
 ONYX SOFTWARE CORPORATION
	 	 	 	 	 	 Accepted and Agreed:
  
 MAZAMA CAPITAL MANAGEMENT, INC.

	
	 By:
	 	 /s/    Paul B. Dauber        

	 	 	 	 By:
	 	 /s/    Brian Alfrey        

	 	 	 Paul B. Dauber
	 	 	 	 Name:
	 	 Brian Alfrey

	 	 	 Vice President, Chief Legal Officer and Secretary
	 	 	 	 Title:
	 	 Chief Operating Officer<PAGE>
                                                                   EXHIBIT 10.14

                         SUPERIOR ENERGY SERVICES, INC.
                              DIRECTORS' STOCK PLAN

         1. Purpose. The purpose of the Directors' Stock Plan (the "Plan") of
Superior Energy Services, Inc., a Delaware corporation ("Superior"), is to
encourage ownership of Superior common stock by members of the Board of
Directors in order to promote an identity of interests with Superior's
stockholders.

         2. Effective Date and Term of Plan. The Plan shall become effective on
such date as it is approved by the Chairman of the Board of Directors of
Superior as indicated on the last page hereof and shall remain in effect until
terminated by the Board of Directors.

         3. Stock Subject to the Plan. There are authorized for issuance and
delivery under the Plan an aggregate of 25,000 shares of common stock, $.001 par
value per share (the "Common Stock"), subject to adjustment as provided in
Section 7 hereof. Such shares may be, in whole or in part, authorized but
unissued shares or issued shares that have been reacquired by Superior.

         4. Plan Administration. The Plan shall be administered by the
Compensation Committee (the "Committee") of the Board. The Committee shall have
full and final authority to interpret the Plan, adopt, amend and rescind rules
and regulations relating to the Plan, and make all other determinations and take
all other actions necessary and advisable for the administration of the Plan.
Decisions and determinations of the Committee on all matters relating to the
Plan shall be in its sole discretion and shall be conclusive.

         5. Eligibility. Any member of the Board who is not an employee of
Superior or any of its subsidiaries (a "Director") may participate in the Plan.

         6. Payment of Director Compensation in Stock.

                  6.1 Each Director may make an election (the "Election") to
have up to 100% of his or her Compensation (as hereinafter defined), in 25%
increments, paid in shares of Common Stock, rather than in cash. "Compensation"
means the annual retainer and any meeting fees paid to a Director by Superior,
but does not include expense reimbursements.

                  6.2 An Election will be effective beginning on the first day
of the month following the date a signed election form is filed with the
Committee in the manner required by the Committee, unless a later effective date
is specified on the election form. An Election may be revoked or modified
effective on the first date that Compensation is paid following the date the
revocation or modified election is filed with the Committee in the manner
required by the Committee.

                  6.3 Number of Shares Issued. If a Director has timely
submitted an election form, the Director shall be issued at the end of each
calendar quarter, commencing with the end of the first calendar quarter after an
Election, that number of shares of Common Stock calculated by dividing the
amount of the Director's Compensation for that period elected to be paid in
Common Stock by the Fair Market Value (as hereinafter defined) of the Common
Stock for that calendar quarter. "Fair Market Value" means the average price of
the Common Stock for the calendar quarter used in determining Superior's earning
per share in accordance with generally accepted accounting principles. The
Director will be paid cash for any fractional shares.

<PAGE>

         7. Adjustments. In the event of any change in the outstanding shares of
Common Stock by reason of any stock split, stock dividend, recapitalization,
merger, consolidation, combination or exchange of shares, or other similar
change in corporate structure or change affecting the capitalization of
Superior, an equitable adjustment shall be made to the number and kind of shares
issuable under the Plan as is necessary or appropriate in the Committee's
discretion, to give proper effect to such corporate action.

         8. No Right to Continue as a Director. Neither the Plan nor any action
taken pursuant to the Plan, shall constitute evidence of any agreement or
understanding, express or implied, that Superior will retain a participant as a
Director for any period of time, or at any particular rate of compensation.

         9. Amendment, Modification, and Termination. The Board at any time may
terminate and in any respect amend or modify the Plan; provided, however, that
the Board of Directors shall condition any amendments on the approval of
shareholders if such approval is necessary or advisable with respect to
securities, tax or other applicable law. No amendment, modification or
termination of the Plan shall in any manner adversely affect the rights of any
participant with respect to shares of Common Stock to which he or she became
entitled prior to such amendment, modification or termination.

         10. Restrictions on Delivery and Sale of Shares. Each share of Common
Stock purchased through the Plan is subject to the condition that if at any time
the Committee, in its discretion, shall determine that the listing, registration
or qualification of such shares upon any securities exchange or under any state
or federal law is necessary or desirable as a condition of or in connection with
the purchase or delivery of shares thereunder, the delivery of any or all shares
may be withheld unless and until such listing, registration or qualification
shall have been effected. If a registration statement is not in effect under the
Securities Act of 1933 or any applicable state securities laws with respect to
the shares of Common Stock purchasable or otherwise deliverable hereunder, the
Director shall as a condition to any delivery of Common Stock hereunder,
represent, in writing, that the shares received are being acquired for
investment and not with a view to distribution and agree that the shares will
not be disposed of except pursuant to an effective registration statement,
unless Superior shall have received an opinion of counsel that such disposition
is exempt from such requirement under the Securities Act of 1933 and any
applicable state securities laws.

         11. Non-alienation of Benefits. Other than with regard to the death of
a Director, no benefit shall be subject in any manner to anticipation,
alienation, sale, transfer, assignment, pledge, encumbrance or charge, and any
attempt to do so shall be void. No such benefit shall, prior to receipt by the
Director, be in any manner liable for or subject to the debts, contracts,
liabilities, engagements or torts of the Director.

ADOPTED EFFECTIVE AS OF APRIL 30, 2000:

          /s/ Terence E. Hall
--------------------------------------------
               Terence E. Hall
            Chairman of the Board

                                        2

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