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EXHIBIT 10.25    
    

        [Translation of Spanish Original] 

        LEASE
AGREEMENT ENTERED INTO BY AND BETWEEN JOSE PABLO HERNANDEZ GONZALEZ, ON HIS ON RIGHT AND WHO WILL HEREAFTER BE DEFINED AS THE  "THE LESSOR", AND THE
MERCANTILE ENTITY NAMED CROCS MÉXICO, S. DE R.L. DE C.V.REPRESENTED
HEREIN BY ITS LEGAL REPRESENTATIVE  JOSE ANTONIO AGUIRRE MARQUEZ, WHO WILL HEREAFTER BE DEFINED AS "THE
LESSEE", AGREEMENT FORMALIZED ACCORDING TO THE FOLLOWING RECITALS AND CLAUSES: 

 
 

RECITALS    
    

        I.—"THE LESSOR" declares: 

                That
it is the lawful owner of the following real estate property: 

        A)   Industrial
building located in Privada Emiliano Zapata, Primer Sector, No. 208 two hundred eight, zona centro, C.P. 36400 in the city of Purísima
del Rincón, Guanajuato having an area of 4,283.08 squared meters and a constructed area of 3,818.27 squared meters, being described in the attached blue prints which duly signed by the
parties is a part hereto. 

        Said
building includes electric wiring, an electric transformer and a Bong-Shin 75 liter "Bambori" machine for the production of rubber with an estimated value of
USD$50,000.00 fifty thousand dollars, lawful currency of the United States of America. 

        B)    Industrial
building located in Privada Emiliano Zapata, Primer Sector, No. 212 two hundred twelve, zona centro, C.P. 36400 in the city of Purísima
del Rincón, Guanajuato having an approximate area of 1,200 squared meters being described in the attached blue prints which duly signed by the parties is a part hereto. 

        C)    Property and Registry Backround.—Lessor is owner of the aforementioned buildings as evidenced with the first
official transcript of the following public deeds, which evidence an area greater than that which is the purpose of this Agreement as stated in the prior sections. 

        Industrial building located in Privada Emiliano Zapata, Primer Sector, No. 208 two hundred eight evidenced in Public Deed Number
8,417 dated as of May 5, 1998, granted before Mr. Nestor Raúl Luna Hernández, Notary Public number 5 of this city and its judicial district, registered
before the Public Registry of Commerce of this city, under number 494, volume II, first book of property, domain section, on July 6 1998. 

        Industrial building located in Privada Emiliano Zapata, Primer Sector, No. 212 two hundred twelve, evidenced in Public Deed Number
9,183 dated as of September 1, 1998, granted before Mr. Nestor Raúl Luna Hernández, Notary Public number 5 of this city and its judicial district,
registered before the Public Registry of Commerce of this city, under number 24, volume III, first book of property, domain section, on January 26 1999. 

        II.—"The Lessee" declares through its legal representative, that it is a company duly incorporated in accordance with the laws
of its country and that its corporate purpose grants the possibility to execute this Agreement, as evidenced in certified copy of Public Deed Number 74,424 Seventy-four thousand four
hundred twenty-four, dated as of April 22, 2005 two thousand five, granted before Mr. Jorge Villa Flores, Notary Public Number 125 one hundred twenty-five,
associated to Mr. Jaime Martínez Gallardo, Notary Public Number 24 twenty-four, both residing and in exercise in the city of Guadalajara, Jalisco, executing upon the
the latter's Notary's Register, which contains the legal incorporation of Crocs México S. de R.L. de C.V. and the granting of a General Power for Administration Acts to
José Antonio Aguirre Márquez, authorities which have not been modified, revoked or limited in any way. Said document still is in registration process before the Public
Registry of Commerce as it was recently executed. 

        III.—"The Lessee" declares that it agrees in leasing the Industrial Buildings and
Equipment described in the first recital of this Agreement and to individually return them pursuant to that stated in this Agreement. 

        IV.—Therefore, parties agree upon the following: 

 
 

CLAUSES    
    

        FIRST.—"The Lessor" agrees to lease to "The Lessee"
the buildings and good described in the first recital and the latter accepts its use and quiet enjoyment pursuant to articles 1899, 1900, 1908 and the other corresponding articles of the Civil Code in
effect for the state of Guanajuato and those correlative of the Federal and the Federal Civil Code and pursuant to the terms established hereunder. 

        SECOND.—"The Lessee" is bound to use the buildings purpose of this Agreement only as an industrial buildings to  produce footwear and to sell footwear and materials for the footwear
industry. Any failure to comply with this shall be cause of termination and the
leased buildings shall be immediately returned to "The Lessor". 

        THIRD.—This Agreement shall have a term of 26 twenty-six months compulsory for both parties beginning on
May 15 fifteen, 2005 two thousand five ending precisely on July 15 fifteen, 2007 two thousand seven, subject to an extension for 5 five more years and renewable each year, therefore "The
Lessee" shall return the buildings purpose of this Lease Agreement to "The Lessor" on the expiration date of this Agreement with no need of prior notice, request or court resolution. 

        In
case Lessee leases the leased facilities for the aforementioned seven years and two months as stated, it will have the option to acquire the "Bambori" machine at no cost. 

        FOURTH.—"The Lessee" is bound to pay to "The Lessor" at Lessor's address
described hereunder, as monthly rent installments, during the first 26 twenty six months of the term of this Agreement the amount of U.S.$5,000.00 (five thousand dollars,
lawful currency of the United States of America) and beginning on July 15 fifteen 2007 two thousand seven, the amount of  U.S.$7,000.00 (seven thousand
dollars, lawful currency of the United States of America) plus value added tax which shall be paid in advance during the
15 fifteenth day of each month starting on July 15 fifteen 2005 two thousand five, thus Lessor
grants two months of grace to Lessee regarding the payment of the first two monthly rent installments. Any failure to timely comply with rent payments will result in the right of  "The Lessor" to charge
"The Lessee" a conventional penalty equivalent to a 3% three percent of the
monthly rent due or the fraction of the month due not withstanding other penalties which are established hereunder. In case the payment date were to be non-working, the payment shall be
done in the preceding working day. 

        Rent Increase.—Rent will increase annually in an amount equivalent to 5% five percent above the amount paid on each
anniversary date. 

        "The Lessor" shall not retain monthly installments under any judicial or extra judicial title. 

        "The Lessee" hereby delivers to "The Lessor", an amount equivalent to 2 (two) monthly rent
installments as a security deposit to guarantee any damages that the leased buildings might suffer during their use and the payment of services, such security deposit will be returned at end of the
Agreement's term once "The Lessor" determines that the leased buildings are in good the condition they were delivered and no debt for any type of
electricity, water, telephone or any other service engaged for the leased buildings exists. 

        FIFTH.—"The Lessee" shall deliver the leased buildings to "The Lessor" in the
same good conditions as when it was received in lease and with no pending payments regarding services such as water, electricity, telephone or any other which is engaged. Therefore at the returning of
the leased buildings "The Lessee" will be held as responsible for any defects or defaults that the buildings may have, regardless if it were  "The Lessee's"
fault or not. Any failure of Lessee to comply with the aforementioned will cause "The
Lessee" to indemnify "The Lessor", "The Lessee" shall also indemnify 

 "The Lessor" in the event of total or partial destruction of the leased buildings attributable or due to carelessness or fault of "The
Lessee".

        SIXTH.—"The Lessee" shall not sublease or assign in any way to a third person the leased buildings, unless a written express
authorization of "The Lessor" exists. 

        SEVENTH.—Any deterioration and expenses derived during the use of the leased buildings and costs derived as a consequence of
the same will be at "The Lessee's" responsibility and expense, improvements made by "The Lessee" to the
leased buildings during its use, will remain, at the termination of the Agreement in benefit the leased buildings, having "The Lessee" no authority to
demand to "The Lessor" any indemnification regarding this. 

        EIGHTH.—"The Lessee" will hold "The Lessor" harmless of indemnification in the
event that any damages could be caused to "The Lessee" for any default arisen during the use of the leased buildings, therefore  "The Lessor" will not be
responsible for the damages caused by any defect arisen during the use of the leased buildings. 

        NINTH.—Expenses related to maintenance and engagement of services such as electricity, water, telephone, gas or any other
requested will be bore by "The Lessee". Moreover, installations required by the corresponding authorities and the compliance with the agreements in
respect, will also be at "The Lessee's" expense and responsibility, such agreements will also remain in benefit of the leased buildings at the
termination of the Agreement. 

        TENTH.—Lessor assures that the land use of the facilities has been authorized to carry out such activities as those stated in
this Agreement, therefore Lessor is responsible before environmental authorities for any related fines. 

        ELEVENTH.—Parties designate the following addresses for this Agreement: 

	A)
	"The Lessor".—Bulevard Josefa Ortiz de Domínguez number 111 one hundred eleven, Sur, San Francisco del
Rincón, Guanajuato.

	B)
	"The Lessee".—Privada Emiliano Zapata No. 204, primer sector, zona centro, C.P. 36400, Purísima del
Rincón, Guanajuato. 

        Such
addresses are also designated for any judicial execution procedure and its derived court actions. 

        TWELFTH.—Failure to comply with any of the terms stated in this Agreement grants "The
Lessor" the right to terminate this Agreement at any time pursuant to the terms established in Guanajuato's Civil Code. 

        THIRTEENTH.—For the interpretation and compliance of any controversy derived from the execution this Agreement Parties agree
that they shall be solved before the Courts of San Francisco del Rincón, Guanajuato, therefore, parties waive their right to any other jurisdiction that could be applicable as a
consequence of present or future addresses. 

        Having
read and aware of the content and legal consequences, the Parties sign this Agreement on May, 1, 2005 two thousand five in San Francisco del Rincón, Guanajuato. 

	"The Lessor"	 	"The Lessee"
	

/s/ Jose Pablo Hernandez Gonzalez
	
 	

/s/ Jose Antonio Aguirre Marquez

	JOSE PABLO HERNANDEZ GONZALEZ	 	CROCS MEXICO S. DE R.L. DE C.V.

THROUGH ITS LEGAL REPRESENTATIVE

JOSE ANTONIO AGUIRRE MARQUEZ
	

(Ratification before Notary Public number 16 of San Francisco del Rincón)

  

        MODIFYING AGREEMENT TO THE LEASE AGREEMENT ENTERED INTO ON ONE SIDE AND BY HIS OWN RIGHT MR. JOSE PABLO HERNÁNDEZ GONZALEZ (HEREINAFTER REFERRED TO AS "LESSOR") AND ON THE
OTHER SIDE THE ENTITY CROCS MEXICO, S. DE R.L. DE C.V. REPRESENTED HEREIN BY MR. JOSE ANTONIO AGUIRRE MARQUEZ (HEREINAFTER REFERRED TO AS "LESSEE"), WHICH IS SUBJECTED TO THE FOLLOWING RECITALS AND
CLAUSES: 

 
 

RECITALS    
    

Both parties declare.—  

        a)    That
they acknowledge each other's legal capacity to appear to the execution of this agreement. 

        b)    That
they entered into a Lease Agreement (hereinafter the "Lease Agreement") dated May 1, 2005, with respect to certain equipment and the industrial buildings
located at Privada Emiliano Zapata, Numbers 208 and 212, Downtown Area, C.P. 36400, in the city of Purísima del Rincón, Guanajuato, which agreement remains in effect in
all of its terms. 

        c)     That
they desire to execute and hereby execute this Modifying Agreement, with respect to the Lease Agreement in the terms and conditions set forth herein. 

 
 

CLAUSES    
    

        FIRST.—In the terms of this Modifying Agreement, the parties agree to incorporate clause Fourteenth to
the Lease Agreement, as it is drafted in the following clause. The parties herein ratify the contents of the remaining recitals and clauses, which remain in full force and effect without any
modification. Therefore, this Amendment will not be considered as a novation (novación) with respect to the obligations acquired by the
parties in the Lease Agreement. 

        SECOND.—Clause Fourteenth shall read as follows: 

        "FOURTEENTH.—"LESSOR"
declares that up to this date the buildings subject matter of this Lease Agreement are free of any type of pollution or hazardous and
non-hazardous wastes, for which the same are in full compliance with the applicable environmental laws and Mexican Official Standards. 

        Therefore,
"LESSOR" shall be the only one responsible for any breach to the environmental laws, which occurred before the date of execution of this Lease Agreement and, consequently,
"LESSOR" commits to indemnify and keep "LESSEE" free of any responsibility, as well as to defend it at its own cost from any lawsuit, complaint, sanction, proceeding or claim from any authority or
third party derived from the breach to any environmental law. 

        THIRD.—As provided in Clause Thirteenth of the Lease Agreement, in case of any controversy, conflict or claim based in the
interpretation or breach of this modifying agreement, the parties expressly submit their selves to the laws and courts of the city of San Francisco del Rincon, Guanajuato, waiving to any other venue
that it may correspond due to their present or future domiciles or for any other reason. 

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        Having
been read this agreement and fully aware the parties of its contents and legal scope, it is signed in counterpart on this    day of August 2005. 

	LESSOR	 	LESSEE
	
/s/ Jose Pablo Hernandez Gonzalez
	
 	

/s/ Jose Antonio Aguirre Marquez

	MR. JOSÉ PABLO HERNÁNDEZ GONZALEZ.	 	CROCS MÉXICO, S. DE R.L. DE C.V.

Represented by Mr. José Antonio Aguirre Márquez.
	

/s/ [illegible]
	
 	

/s/ [illegible]

	Name:	 	Name:
	WITNESS	 	WITNESS
 

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EXHIBIT 10.25

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Exhibit 10.82    
    

AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT  

        This Executive Employment Agreement ("Agreement") is made effective as of July 1, 2005 ("Effective Date"), by and between Peregrine Systems, Inc., a
Delaware corporation ("Company") and Donald Boyce ("Executive") and amends and restates the Executive Employment Agreement between Company and Executive Dated May 11, 2005. 

        The
parties agree as follows: 

        1.    Employment.    Company hereby employs Executive, and Executive hereby accepts such employment, upon the terms
and conditions set forth herein. 

        2.    Duties.    

        2.1    Position.    Executive is employed as Senior Vice President, Professional Services, and shall have the duties
and responsibilities assigned by Company's Chief Executive Officer as may be reasonably assigned from time to time. Executive shall perform faithfully and diligently all duties assigned to Executive.
Company reserves the right to modify Executive's position, title, and duties at any time in its sole and absolute discretion. 

        2.2    Best Efforts/Full-time.    Executive will expend Executive's best efforts on behalf of Company, and
will abide by all policies and decisions made by Company, as well as all applicable federal, state and local laws, regulations or ordinances. Executive will act in the best interest of Company at all
times. Executive shall devote Executive's full business time and efforts to the performance of Executive's assigned duties for Company, unless Executive notifies the Chief Executive Officer in advance
of Executive's intent to engage in other paid work and receives the Chief Executive Officer's express written consent to do so. 

        2.3    Work Location.    Executive's principal place of work shall be located in Alpharetta, Georgia, or such other
location as the parties may agree upon from time to time. 

        3.    At-Will Employment Relationship.    Executive's employment with Company is at-will and
not for any specified period and may be terminated at any time, for any reason, with or without Cause, by either Executive or Company, subject to section 7 below and its subparts. No
representative of Company, other than the Chief Executive Officer or the Board of Directors, has the authority to alter the at-will employment relationship. Any change to the
at-will employment relationship must be by specific, written agreement signed by Executive and Company's Chief Executive Officer. Nothing in this Agreement is intended to or should be
construed to contradict, modify or alter this at-will relationship. 

        4.    Compensation.    

        4.1    Base Salary.    As compensation for Executive's performance of Executive's duties hereunder, Company shall pay
to Executive an initial Base Salary of $235,000 per year, payable in accordance with the normal payroll practices of Company, less required deductions for state and federal withholding tax, social
security and all other employment taxes and payroll deductions. Payment at the Base Salary rate shall be made retroactive to April 1, 2005. 

        4.2    Incentive Compensation.    Executive will be eligible to receive incentive compensation, the terms, amount and
payment of which shall be determined by Company in its sole and absolute discretion. 

        4.3    Performance and Salary Review.    Company will periodically review Executive's performance on no less than an
annual basis. Adjustments to salary or other compensation, if any, will be made by the Company in its sole and absolute discretion. 

        5.    Customary Fringe Benefits.    Executive will be eligible for all customary and usual fringe benefits generally
available to executives of Company subject to the terms and conditions of Company's 

 

benefit
plan documents. Company reserves the right to change or eliminate any of the fringe benefits on a prospective basis, at any time, effective upon notice to Executive. 

        6.    Business Expenses.    Executive will be reimbursed for all reasonable, out-of-pocket
business expenses incurred in the performance of Executive's duties on behalf of Company. To obtain reimbursement, expenses must be submitted promptly with appropriate supporting documentation in
accordance with Company's policies. 

        7.    Termination of Executive's Employment.    

        7.1    Termination for Cause by Company.    Although Company anticipates a mutually rewarding employment relationship
with Executive, Company may terminate Executive's employment immediately at any time for Cause. For purposes of this Agreement, "Cause" is defined as: (a) acts or omissions constituting gross
negligence or willful misconduct relating to the business of the Company; (b) repeated and continued failure to perform the duties and responsibilities of the Executive's position (other than
as a result of a disability) after having a reasonable opportunity to cure such failure following notice; (c) failure to perform the essential functions of Executive's position, with or without
reasonable accommodation, due to disability; (d) breach of the Company's Invention and Non-Disclosure and Arbitration Agreement; (e) violation of the Company's Code of
Conduct; (f) conviction or entry of a plea of guilty or nolo contendere for fraud, misappropriation, embezzlement, or any crime of moral turpitude if such crime caused harm to the business and
affairs of the Company in the reasonable determination of the Company; (g) any material violation of any federal or state securities law or any SEC or stock exchange rule or regulation with
respect to the Company; or (h) conviction or entry of a plea of guilty or nolo contendere of any felony. In the event Executive's employment is terminated in accordance with this subsection,
all other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. Executive will not be entitled to receive the Severance Payment
described in subsection 7.5 below. 

        7.2    Termination Without Cause by Company.    Executive's employment is at-will and Company can
terminate the employment relationship at any time without Cause. 

        7.3.    Voluntary Resignation by Executive.    Executive may voluntarily resign Executive's position with Company, at
any time on sixty (60) days' advance written notice. In the event of Executive's voluntary resignation, Executive will be entitled to receive the Base Salary and employee benefits for the
60-day notice period. At the conclusion of the 60-day period, all other Company obligations to Executive pursuant to this Agreement will become automatically terminated and
completely extinguished. In addition, Executive will not be entitled to receive the Severance Payment described in subsection 7.5 below. Company reserves the right to relieve Executive of
Executive's duties during the 60-day notice period in which case Executive will continue to receive salary and benefits as if Executive were actively working. 

        7.4    Termination By Executive For Good Reason Following a Change in Control.    Executive may terminate Executive's
employment upon thirty (30) days' advance written notice for Good Reason within twelve months following a Change in Control. "Good Reason" is defined as: (a) a relocation of Executive's
principal place of employment of more than 50 miles without consent of Executive; (b) a material diminution of Executive's duties or responsibilities; provided that a mere change in the
Executive's title or reporting relationships will not be Good Reason; or (c) a material reduction in Executive's compensation (other than equity-based compensation) or employee benefits other
than as part of a general reduction in compensation or benefits of all similarly situated Company executives. "Change in Control" is defined as: (i) the consummation of a merger or
consolidation of the Company with or into another entity or any other corporate reorganization, if persons who were not stockholders of the Company immediately prior to such merger, consolidation or
other reorganization own immediately after such merger, consolidation or other reorganization 50% or more of the voting power 

2

 

of
the outstanding securities of each of (A) the continuing or surviving entity and (B) any direct or indirect parent corporation of such continuing or surviving entity; (ii) the
sale, transfer or other disposition of all or substantially all of the assets of the Company; (iii) a change in the composition of the Board, as a result of which fewer than 50% of the
incumbent directors (or persons whose nomination for election as director has been approved by incumbent directors) are directors; or (iv) any transaction as a result of which any person is the
"beneficial owner" (as defined in Rule 13d-3 under the Securities Exchange Act of 1934, as amended), directly or indirectly, of securities of the Company representing at least 50%
of the total voting power represented by the Company's then outstanding voting securities. For purposes of the definition of "Change in Control", the term "person" shall have the same meaning as when
used in Sections 13(d) and 14(d) of the Securities Exchange Act but shall exclude (A) a trustee or other fiduciary holding securities under an employee benefit plan of the Company or of a
parent or subsidiary of the Company and (B) a corporation owned directly or indirectly by the stockholders of the Company in substantially the same proportions as their ownership of the common
stock of the Company. 

        7.5    Severance.    In the event of a termination pursuant to Section 7.2 (Termination without Cause by
Company) or Section 7.4 (Termination by Executive for Good Reason Following a Change in Control) Executive will be entitled to receive a "Severance Payment" equivalent to the sum of
(i) twelve months of Executive's Base Salary then in effect on the date of termination plus (ii) Executive's target annual bonus under the MICP or successor plan, payable in accordance
with Company's regular payroll cycle, provided that Executive: (a) complies with all surviving provisions of this Agreement as specified in subsection 13.8 below; (b) executes a
full general release acceptable to Company, releasing all claims, known or unknown, that Executive may have against Company arising out of or any way related to Executive's employment or termination
of employment with Company; and (c) agrees with respect to a termination without Cause, to provide reasonable transition assistance to Company, without further compensation, for three months
following the termination of the employment. In addition to the Severance Payment, Company shall pay for Executive's COBRA coverage during the payout period of the Severance Payment. All other Company
obligations to Executive will be automatically terminated and completely extinguished, other than obligations under stock option or restricted stock agreements as set forth in Section 8.2 below
and any indemnification obligations arising under applicable law, the Company's charter documents or a written indemnification agreement between Company and Executive ("Indemnification Obligations"). 

        8.    No Other Agreements.    

        8.1    No Prior Agreements Relating to Terms of Employment and Severance.    Except for the Invention and
Non-Disclosure and Arbitration Agreement and the Notice of Participation in Retention Bonus Plan dated February 23, 2005, Executive and Company wish to replace and invalidate any
previously agreed upon terms of employment or severance obligations, including without limitation that certain Change of Control Agreement, dated October 18, 2004, and set forth in this
Agreement all of Company's obligations to Executive concerning the terms of Executive's employment and severance. By signing this Agreement, Executive agrees that any prior letters, memoranda, emails,
or any other agreements, whether written or verbal, relating to the terms of Executive's employment and Executive's severance are invalid and superseded by this Agreement. 

        8.2    Inapplicability to Option Grants, Restricted Stock Agreements and Indemnification Obligations.    This
Agreement does not incorporate, supersede, or in any way affect stock option grants or restricted stock agreements between Company and Executive or any Indemnification Obligations, which are governed
by separate documents. 

        9.    No Conflict of Interest.    During the term of Executive's employment with Company and during any period
Executive is receiving payments from Company pursuant to this Agreement, Executive must not engage in any work, paid or unpaid, that creates an actual or potential conflict of interest with 

3

 

Company.
Such work shall include, but is not limited to, directly or indirectly competing with Company in any way, or acting as an officer, director, employee, consultant, stockholder, volunteer,
lender, or agent of any business enterprise of the same nature as, or which is in direct competition with, the business in which Company is now engaged or in which Company becomes engaged during the
term of Executive's employment with Company, as may be determined by the Board of Directors in its sole discretion. If the Board of Directors believes such a conflict exists during the term of
Executive's employment with Company, the Board of Directors may ask Executive to choose to discontinue the other work or resign employment with Company. If the Board of Directors believes such a
conflict exists during any post-employment period in which Executive is receiving severance payments pursuant to this Agreement, the Board of Directors may ask Executive to choose to
discontinue the other work or not receive the remaining severance payments. In addition, Executive agrees not to refer any client or potential client of Company to competitors of Company, without
obtaining Company's prior written consent, during the term of Executive's employment and during any period in which Executive is receiving payments from Company pursuant to this Agreement. 

        10.    Confidentiality and Proprietary Rights.    Executive agrees to read, sign and abide by Company's Invention and
Non-Disclosure and Arbitration Agreement, which is provided with this Agreement and incorporated herein by reference. Executive further agrees that the terms of this Agreement are
confidential, and that such terms are not to be disclosed to anyone, including other Company employees and Company executives, but excluding the Company's Chief Executive Officer,
the Company's Senior Vice President, Human Resources, Chief Financial Officer, and any member of the Company's Audit or Compensation Committees. 

        11.    Nonsolicitation.    Executive understands and agrees that certain information regarding Company's employees and
customers and any information regarding Company employees and/or customers is confidential and constitutes trade secrets 

        11.1    Nonsolicitation of Customers or Prospects.    Executive agrees that during the term of Executive's employment
with Company and for a period of one (1) year after the termination of such employment, Executive will not, either directly or indirectly, separately or in association with others, interfere
with, impair, disrupt or damage Company's relationship with any of its customers or customer prospects. 

        11.2    Nonsolicitation of Company's Employees.    Executive agrees that during the term of Executive's employment
with Company and for a period of one (1) year after the termination of such employment, Executive will not, either directly or indirectly, separately or in association with others, solicit,
encourage or attempt to hire any of Company's employees or cause others to solicit or encourage any of Company's employees to discontinue their employment with Company. 

        12.    Injunctive Relief.    Executive acknowledges that Executive's breach of the covenants contained in sections
9-11 (collectively "Covenants") would cause irreparable injury to Company and agrees that in the event of any such breach, Company shall be entitled to seek from the arbitrator (or, where
there is no provision for arbitration, from a court) temporary, preliminary and permanent injunctive relief without the necessity of proving actual damages or posting any bond or other security. 

        13.    General Provisions.    

        13.1    Successors and Assigns.    The rights and obligations of Company under this Agreement shall inure to the
benefit of and shall be binding upon the successors and assigns of Company. Executive shall not be entitled to assign any of Executive's rights or obligations under this Agreement. 

        13.2    Waiver.    Either party's failure to enforce any provision of this Agreement shall not in any way be construed
as a waiver of any such provision, or prevent that party thereafter from enforcing each and every other provision of this Agreement. 

4

 

        13.3    Attorneys' Fees.    Each side will bear its own attorneys' fees in any dispute unless a statutory
section at issue, if any, authorizes the award of attorneys' fees to the prevailing party. 

        13.4    Severability.    In the event any provision of this Agreement is found to be unenforceable by an arbitrator or
court of competent jurisdiction, such provision shall be deemed modified to the extent necessary to allow enforceability of the provision as so limited, it being intended that the parties shall
receive the benefit contemplated herein to the fullest extent permitted by law. If a deemed modification is not satisfactory in the judgment of such arbitrator or court, the unenforceable provision
shall be deemed deleted, and the validity and enforceability of the remaining provisions shall not be affected thereby. 

        13.5    Interpretation; Construction.    The headings set forth in this Agreement are for convenience only and shall
not be used in interpreting this Agreement. Executive acknowledges that Executive has had an opportunity to review and revise the Agreement and have it reviewed by legal counsel, if desired, and,
therefore, the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement. 

        13.6    Governing Law.    This Agreement will be governed by and construed in accordance with the laws of the United
States and the State of California. Each party consents to the jurisdiction and venue of the state or federal courts in San Diego, California, if applicable, in any action, suit, or proceeding arising
out of or relating to this Agreement. 

        13.7    Notices.    Any notice required or permitted by this Agreement shall be in writing and shall be delivered as
follows with notice deemed given as indicated: (a) by personal delivery when delivered personally; (b) by overnight courier upon written verification of receipt; (c) by telecopy
or facsimile transmission upon acknowledgment of receipt of electronic transmission; or (d) by certified or registered mail, return receipt requested, upon verification of receipt. Notice shall
be sent to the addresses set forth below, or such other address as either party may specify in writing. 

        13.8    Survival.    Sections 9 ("No Conflict of Interest"), 10 ("Confidentiality and Proprietary
Rights"), 11 ("Nonsolicitation"), 12 ("Injunctive Relief"), 13 ("General Provisions") and 14 ("Entire Agreement") of this Agreement shall survive Executive's termination of
employment from the Company. 

        14.    Entire Agreement.    This Agreement, including the Invention and Non-Disclosure and Arbitration
Agreement and other documents incorporated herein by reference constitutes the entire agreement between the parties relating to this subject matter and supersedes all prior or simultaneous
representations, discussions, negotiations, and agreements, whether written or oral. No oral waiver, amendment or modification will be effective under any circumstances whatsoever. 

5

 

        THE
PARTIES TO THIS AGREEMENT HAVE READ THE FOREGOING AGREEMENT AND FULLY UNDERSTAND EACH AND EVERY PROVISION CONTAINED HEREIN. WHEREFORE, THE PARTIES HAVE EXECUTED THIS AGREEMENT ON THE
DATES SHOWN BELOW. 

	 	 	 	DONALD BOYCE
	

Dated:	

 	
 	

 	

 
	 	
	 	

	 	 	 	 	3611 Valley Centre Drive

San Diego, CA 92130
	

 	

 	
 	
PEREGRINE SYSTEMS, INC.
	

Dated:	

 	
 	

By:	

 
	 	
	 	 	

	 	 	 	 	John Mutch

Peregrine Systems, Inc.

President and Chief Executive Officer

3611 Valley Centre Drive

San Diego, CA 92130

6

QuickLinks

Exhibit 10.82

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00092-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00092-of-00352.parquet"}]]