Document:

exv10w2

 

Exhibit 10.2

OMNITURE, INC.

2006 EQUITY INCENTIVE PLAN

NOTICE OF GRANT OF STOCK APPRECIATION RIGHT

     Unless otherwise defined herein, the terms defined in the Omniture, Inc. 2006 Equity Incentive
Plan (the “Plan”) shall have the same defined meanings in this Notice of Grant.

     You have been granted a Stock Appreciation Right subject to the terms and conditions of the
Plan and the attached Stock Appreciation Right Agreement, as follows:

	 	 	 	 	 	 	 
	 
	 	Grant Number	 	 	                                        	 
	 
	 	Date of Grant	 	 	                                        	 
	 
	 	Exercise Price per Share	 	$	                                        	 
	 
	 	Total Number of Shares Granted	 	 	                                        	 
	 
	 	Expiration Date:	 	 	Ten (10) years from the Date of Grant

     Vesting Schedule:

     This Stock Appreciation Right shall vest, in whole or in part, in accordance with the
following schedule:

          [VESTING SCHEDULE]

     Termination Period:

     This Stock Appreciation Right, to the extent vested, may be exercised for three months after
the date upon which you cease to be a Service Provider (extended to twelve months if such
termination is because of your death or Disability) but in no event later than the Expiration Date
as set forth above. To the extent not vested at the date upon which you cease to be a Service
Provider, the Stock Appreciation Right shall terminate.

     The Stock Appreciation Right evidenced by this Notice of Grant is part of and subject in all
respects to the terms and conditions of the attached Stock Appreciation Right Agreement, the terms
of which are hereby incorporated herein by reference as if set forth herein in full, and the Plan
(a copy of which has been made available to you by the Company).

 

 

OMNITURE, INC.

2006 EQUITY INCENTIVE PLAN

STOCK APPRECIATION RIGHT AGREEMENT

     1. Grant of Stock Appreciation Right. The Administrator hereby grants to the
Participant (the “Participant”) named in the Notice of Grant attached to (and part of) this Stock
Appreciation Right Agreement, a Stock Appreciation Right (the “Stock Appreciation Right”) to
purchase the number of Shares as set forth in the Notice of Grant, at the exercise price per share
set forth in the Notice of Grant (the “Exercise Price”), subject to the terms and conditions of the
Omniture, Inc. 2006 Equity Incentive Plan (the “Plan”) which is incorporated herein by reference
(the Plan and the Notice of Grant together with this Stock Appreciation Right Agreement are herein
referred to as the “Agreement” or the “Stock Appreciation Right Agreement”). Subject to Section
19(c) of the Plan, in the event of a conflict between the terms and conditions of the Plan and the
terms and conditions of this Stock Appreciation Right Agreement, the terms and conditions of the
Plan shall prevail. Unless otherwise defined herein, the terms defined in the Plan shall have the
same defined meanings in this Stock Appreciation Right Agreement.

     2. Exercise of Stock Appreciation Right. This Stock Appreciation Right is exercisable
by delivery of an exercise notice, in the form attached as Exhibit A (the “Exercise
Notice”), which shall state the election to exercise the Stock Appreciation Right and the number of
Shares in respect of which the Stock Appreciation Right is being exercised (the “Exercised
Shares”). The Exercise Notice shall be signed by the Participant and shall be delivered in person,
by certified mail or electronically to the Stock Plan Administrator of the Company. This Stock
Appreciation Right shall be deemed to be exercised upon receipt by the Company of such fully
executed Exercise Notice.

          Upon exercising the Stock Appreciation Right, the Participant shall receive from the Company,
for each Share exercised, an amount equal to (a) the Fair Market Value of the Common Stock as of
the date of such exercise, minus (b) the Exercise Price set forth in the Notice of Grant.

          The Company’s obligation arising upon the exercise of this Stock Appreciation Right shall be
paid 100% in stock, net of any amounts required to satisfy the Company’s withholding obligations.
Stock withheld to satisfy withholding obligations shall also be valued at its Fair Market Value on
the date of exercise. Any fractional share due to a Participant upon exercise shall be rounded
down to the nearest whole share.

     3. Non-Transferability of Stock Appreciation Right. This Stock Appreciation Right may
not be transferred in any manner otherwise than by will or by the laws of descent or distribution
and may be exercised during the lifetime of Participant only by the Participant. The terms of the
Plan and this Stock Appreciation Right Agreement shall be binding upon the executors,
administrators, heirs, successors and assigns of the Participant.

 

 

     4. Term of Stock Appreciation Right. This Stock Appreciation Right may be exercised only
within 10 years from the Date of Grant set forth in the Notice of Grant. The Stock Appreciation
Right may be exercised during such term only in accordance with the Plan and the terms of this
Stock Appreciation Right Agreement.

     5. Tax Consequences. Some of the federal tax consequences relating to this Stock
Appreciation Right, as of the date of this Stock Appreciation Right, are set forth below. THIS
SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. THE
PARTICIPANT SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THIS STOCK APPRECIATION RIGHT.

          The Participant will be treated as having received compensation income (taxable at ordinary
income tax rates) equal to the amount of stock received upon exercising the Stock Appreciation
Right. If the Participant is an Employee or a former Employee, the Company will be required to
withhold from amounts otherwise payable hereunder to Participant and pay to the applicable taxing
authorities an amount in cash equal to a percentage of this compensation income.

     6. No Effect on Employment. Participants who are employees are employed by the
Company on an at-will basis only. Accordingly, nothing in this Agreement or the Plan shall confer
upon an Employee any right to continue to be employed by the Company or shall interfere with or
restrict in any way the rights of the Company, which are hereby expressly reserved, to terminate
the employment of the Employee at any time for any reason whatsoever, with or without good cause.

     7. No Rights of Stockholder. Until Shares are issued in respect of the exercise of
this SAR in accordance with Plan Section 9(f), the Participant shall not have any of the rights or
privileges of a stockholder of the Company in respect of any of the Shares covered by this SAR.

     8. Entire Agreement; Governing Law. The Plan is incorporated herein by reference.
The Plan, this Stock Appreciation Right Agreement and the Notice of Grant constitute the entire
Agreement of the parties with respect to the subject matter hereof and supersede in their entirety
all prior undertakings and agreements of the Company and Participant with respect to the subject
matter hereof, and may not be modified adversely to the Participant’s interest except by means of a
writing signed by the Company and Participant. This Agreement is governed by Delaware law except
for that body of law pertaining to conflict of laws.

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     By your signature below, you represent and warrant that you are familiar with the terms and
provisions of the Plan, and hereby accept and agree to be bound by the Stock Appreciation Right
Agreement and the attached Notice of Grant subject to all the terms and provisions hereof and
thereof, as well as the Plan. You further represent and warrant that you have reviewed the Stock
Appreciation Right Agreement and the Plan in their entirety, and have had an opportunity to obtain
the advice of counsel prior to executing the Stock Appreciation Right Agreement by signing below,
and fully understand all provisions of the Plan and the Stock Appreciation Right Agreement.
Participant also hereby agrees to accept as binding, conclusive and final all decisions or
interpretations of the Administrator upon any questions arising under the Plan or the Stock
Appreciation Right Agreement. Participant further agrees to notify the Company upon any change in
the residence address indicated below (and any subsequent change).

	 	 	 	 	 
	PARTICIPANT:

	 	 	 	OMNITURE, INC.
	 
	 	 	 	 
	 

	 	 	 	 
	Signature

	 	 	 	By:
	 

	 	 	 	Title:
	 
	 	 	 	 
	 

Print Name

	 	 	 	 
	 
	Residence Address:
	 	 	 	 
	 

	 	 	 	 
	 
	 

	 	 	 	 
	 
 

	 	 	 	 

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EXHIBIT A

OMNITURE, INC.

2006 EQUITY INCENTIVE PLAN

STOCK APPRECIATION RIGHT AGREEMENT

EXERCISE NOTICE

Omniture, Inc.

550 East Timpanogos Circle

Orem, UT 84097

Attention: Stock Plan Administration

     1. Exercise of Stock Appreciation Right. Effective as of today,                                         ,
20___, the undersigned (“Participant”) hereby elects to exercise                                          Shares under and
pursuant to the Omniture, Inc. 2006 Equity Incentive Plan (the “Plan”) and the Stock Appreciation
Right Agreement dated                                         , 20___(the “Stock Appreciation Right Agreement”). Unless
otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in
this Exercise Notice.

     2. Representations of Participant. Participant acknowledges that Participant has
received, read and understood the Plan and the Stock Appreciation Right Agreement and agrees to
abide by and be bound by their terms and conditions.

     3. Tax Consultation. Participant understands that Participant may suffer adverse tax
consequences as a result of Participant’s exercise hereunder. Participant represents that
Participant has consulted with any tax consultants Participant deems advisable in connection with
the purchase or disposition of the Shares and that Participant is not relying on the Company for
any tax advice.

     4. Entire Agreement; Governing Law. The Notice of Grant, the Plan and the Stock
Appreciation Right Agreement are incorporated herein by reference. This Exercise Notice, the
Notice of Grant, the Plan and the Stock Appreciation Right Agreement constitute the entire
agreement of the parties with respect to the subject matter hereof and supersede in their entirety
all prior undertakings and agreements of the Company and Participant with respect to the subject
matter hereof, and may not be modified adversely to the Participant’s interest except by means of a
writing signed by the Company and Participant. This Agreement is governed by Delaware law except
for that body of law pertaining to conflict of laws.

[SIGNATURE PAGE FOLLOWS]

 

 

	 	 	 	 	 
	Submitted by:

	 	 	 	Accepted by:
	 
	 	 	 	 
	Participant:

	 	 	 	Omniture, Inc.
	 
	 	 	 	 
	 

	 	 	 	 
	Signature

	 	 	 	By:
	 

	 	 	 	Title:
	 
	 	 	 	 
	Print Name:
	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	Address:
	 	 	 	 
	 
	 

	 	 	 	 
	 
 

	 	 	 	 
	 
	 
 

	 	 	 	 

[SIGNATURE PAGE TO STOCK APPRECIATION RIGHT AGREEMENT EXERCISE NOTICE]exv10w3

 

Exhibit 10.3

OMNITURE, INC.

JOHN R. PESTANA SEPARATION AGREEMENT

     THIS SEPARATION AGREEMENT (this “Agreement”) is made by and between Omniture, Inc. (the
“Company”), and John R. Pestana (“Executive”).

     WHEREAS, Executive is employed by the Company as its Executive Vice President, Customer
Success; and

     WHEREAS, Executive is resigning from his position as Executive Vice President, Customer
Success effective November 15, 2007.

     NOW THEREFORE, in consideration of the mutual promises made herein, the Company and Executive
(collectively referred to as “the Parties”) hereby agree as follows:

     1. Termination of Employment. Executive hereby resigns his employment effective upon
November 15, 2007 (the “Termination Date”). Except as required by COBRA and similar laws,
Executive shall not be eligible to participate in the Company’s employee and fringe benefit plans
following the Termination Date.

     2. Transition Period. Executive agrees that, during the period commencing with the
signing of this Agreement by the Parties and ending on the Termination Date (the “Transition
Period”), he will use his best efforts on a full-time basis to fulfill his duties and
responsibilities as Executive Vice President, Customer Success. During the Transition Period,
Executive’s duties shall include his regular duties as well as such assignments and
responsibilities as are reasonably assigned to him by the Company’s Board of Directors or Chief
Executive Officer.

     3. Severance/Retention Benefits.

          (a) Scheduled Termination. Executive is electing to terminate his employment with the
Company voluntarily, and he acknowledges and agrees that this Agreement shall constitute notice of
such termination for purposes of that certain employment agreement by and between Executive and the
Company originally entered into as of April 21, 2004, and as amended and restated in its entirety
effective June 7, 2006 (the “Employment Agreement”). Executive and the Company agree that
Executive’s termination on the Termination Date (a “Scheduled Termination”) shall not constitute a
Constructive Termination, a Termination without Cause or any other termination triggering severance
benefits under the terms of the Employment Agreement. Following such Scheduled Termination, and
subject to Executive executing a general release of all claims in the form attached hereto as
Exhibit A, and subject to Executive timely electing COBRA continuation coverage under the
Company’s group health, dental and/or vision plans, the Company shall reimburse Executive 100% of
the cost of the COBRA premiums for Executive and his covered dependents for a period equal to the
lesser of (i) 18 months following the Termination Date, or (ii)
the date upon which Executive and his covered dependents become covered under substantially
similar plans of a successor employer.

 

 

          (b) Early Termination. If, however, Executive’s employment with the Company
terminates prior to the Termination Date, then, Executive’s severance benefits and obligations, if
any, shall be governed by the terms of the Employment Agreement. Executive further agrees that his
and the Company’s agreements hereunder and the Company’s reduction or restructuring of Executive’s
authority and duties during the Transition Period shall not constitute grounds for either a
Constructive Termination or a Termination Without Cause under the Employment Agreement. Otherwise,
the provisions of the Employment Agreement remain in full force and effect.

     4. Costs. The Parties shall each bear their own costs, expert fees, attorneys’ fees
and other fees incurred in connection with this Agreement.

     5. At-Will Employment. Executive and the Company understand and acknowledge that
Executive’s employment with the Company constitutes “at-will” employment. Subject to the Company’s
obligation to provide severance benefits as specified herein, Executive and the Company acknowledge
that this employment relationship may be terminated at any time, upon written notice to the other
party, with or without good cause or for any or no cause, at the option either of the Company or
Executive.

     6. Arbitration. The Parties agree that any and all disputes arising out of the terms
of this Agreement, their interpretation, and any of the matters herein released, including any
potential claims of harassment, discrimination or wrongful termination shall be subject to binding
arbitration, to the extent permitted by law, as specified in the Employment Agreement.

     7. No Representations. Executive represents that he has had the opportunity to
consult with an attorney, and has carefully read and understands the scope and effect of the
provisions of this Agreement. Neither party has relied upon any representations or statements made
by the other party hereto which are not specifically set forth in this Agreement.

     8. Severability. In the event that any provision hereof becomes or is declared by a
court of competent jurisdiction to be illegal, unenforceable or void, this Agreement shall continue
in full force and effect without said provision.

     9. Entire Agreement. This Agreement, along with the Employment Agreement (as amended
hereby), the Proprietary Rights Agreement (as defined in the Employment Agreement), the Executive’s
equity compensation agreements and the Change of Control Agreement by and between Executive and the
Company represent the entire agreement and understanding between the Company and Executive
concerning Executive’s transition and termination arrangements with the Company.

     10. No Oral Modification. This Agreement may only be amended in writing signed by
Executive and the Chief Executive Officer of the Company.

     11. Governing Law. This Agreement shall be governed by the internal substantive laws,
but not the choice of law rules, of the State of Utah.

     12. Effective Date. This Agreement is effective immediately after it has been signed
by both Parties.

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     13. Counterparts. This Agreement may be executed in counterparts, and each
counterpart shall have the same force and effect as an original and shall constitute an effective,
binding agreement on the part of each of the undersigned.

     14. Voluntary Execution of Agreement. This Agreement is executed voluntarily and
without any duress or undue influence on the part or behalf of the Parties, with the full intent of
releasing all claims. The Parties acknowledge that:

          (a) They have read this Agreement;

          (b) They have been represented in the preparation, negotiation, and execution of this
Agreement by legal counsel of their own choice or that they have voluntarily declined to seek such
counsel;

          (c) They understand the terms and consequences of this Agreement and of the releases it
contains;

          (d) They are fully aware of the legal and binding effect of this Agreement.

     IN WITNESS WHEREOF, the Parties have executed this Agreement on the respective dates set forth
below.

	 	 	 	 	 
	 	 	 
	Dated: March 28, 2007 	/s/ Joshua G. James
 	 
	 	Joshua G. James 	 
	 	Chief Executive Officer

Omniture, Inc. 	 
	 
	 	 	 
	Dated: March 28, 2007 	/s/ John R. Pestana
 	 
	 	John R. Pestana, an individual 	 
	 	 	 

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EXHIBIT A

OMNITURE, INC./JOHN R. PESTANA

RELEASE OF CLAIMS

     THIS RELEASE OF CLAIMS (this “Agreement”) is made by and between Omniture, Inc. (the
“Company”), and John R. Pestana (“Employee”).

     WHEREAS, Employee has agreed to enter into a release of claims in favor of the Company upon
certain events specified in the separation agreement by and between Company and Employee (the
“Separation Agreement”).

     NOW THEREFORE, in consideration of the mutual promises made herein, the Parties hereby agree
as follows:

     1. Termination. Employee’s employment from the Company was terminated effective on
November 15, 2007.

     2. Confidential Information. Employee shall continue to maintain the confidentiality
of all confidential and proprietary information of the Company and shall continue to comply with
the terms and conditions of the Employee Invention Assignment and Confidentiality Agreement
previously entered into by Employee with the Company (the “Proprietary Rights Agreement”).
Employee shall return all the Company property and confidential and proprietary information in his
possession to the Company on the Effective Date of this Agreement.

     3. Payment of Salary. Employee acknowledges and represents that the Company has paid
all salary, wages, bonuses, accrued vacation, commissions and any and all other benefits due to
Employee.

     4. Release of Claims. Employee agrees that the foregoing consideration represents
settlement in full of all outstanding obligations owed to Employee by the Company. Employee, on
behalf of himself, and his respective heirs, family members, executors and assigns, hereby fully
and forever releases the Company and its past, present and future officers, agents, directors,
employees, investors, shareholders, administrators, affiliates, divisions, subsidiaries, parents,
predecessor and successor corporations, and assigns, from, and agrees not to sue or otherwise
institute or cause to be instituted any legal or administrative proceedings concerning any claim,
duty, obligation or cause of action relating to any matters of any kind, whether presently known or
unknown, suspected or unsuspected, that he may possess arising from any omissions, acts or facts
that have occurred up until and including the Effective Date of this Agreement including, without
limitation,

          (a) any and all claims relating to or arising from Employee’s employment relationship with the
Company and the termination of that relationship;

 

 

          (b) any and all claims relating to, or arising from, Employee’s right to purchase, or actual
purchase of shares of stock of the Company, including, without limitation, any claims for fraud,
misrepresentation, breach of fiduciary duty, breach of duty under applicable state corporate law,
and securities fraud under any state or federal law;

          (c) any and all claims for wrongful discharge of employment; termination in violation of
public policy; discrimination; breach of contract, both express and implied; breach of a covenant
of good faith and fair dealing, both express and implied; promissory estoppel; negligent or
intentional infliction of emotional distress; negligent or intentional misrepresentation; negligent
or intentional interference with contract or prospective economic advantage; unfair business
practices; defamation; libel; slander; negligence; personal injury; assault; battery; invasion of
privacy; false imprisonment; and conversion;

          (d) any and all claims for violation of any federal, state or municipal statute, including,
but not limited to, Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the
Age Discrimination in Employment Act of 1967, the Americans with Disabilities Act of 1990, the Fair
Labor Standards Act, the Employee Retirement Income Security Act of 1974, the Worker Adjustment and
Retraining Notification Act and all amendments to each such Act as well as the regulations issued
thereunder;

          (e) any and all claims for violation of the federal, or any state, constitution;

          (f) any and all claims arising out of any other laws and regulations relating to employment or
employment discrimination; and

          (g) any and all claims for attorneys’ fees and costs.

Employee agrees that the release set forth in this section shall be and remain in effect in all
respects as a complete general release as to the matters released.

     5. Solicitation of Employees. I agree that for a period of 18 months immediately
following the termination of my relationship with The Company for any or no reason, I shall not,
directly or indirectly, (a) solicit, induce, recruit or encourage any of the Company’s employees to
leave their employment or (b) attempt to solicit, induce, recruit or encourage, either for myself
or for any other person or entity, any of the Company’s employees to leave their employment.
During such 18-month period, I also will not solicit the services of any former employee of the
Company whose service with the Company has ended within the prior 3 months.

     6. Non-Competition Covenants.

          (a) Omniture’s Business; Access to Confidential Information and Trade Secrets. The
Company is in the business of web analytics and on-line marketing services. Employee recognizes
that the Company’s business employs a unique and specialized method of marketing, selling, hosting,
delivery, and distributing such products and services. Employee recognizes and

-2-

 

acknowledges that
he has, from time to time, come into possession of or had access to information which the Company
deemed confidential information to its business operations and interests.

          (b) Covenant Against Competition. Employee agrees and covenants that he will not, for
18 months following the Effective Date, do or undertake, directly or indirectly, any of the
following activities:

               (i) accept employment, as an agent, representative, consultant, member, partner or in any
other capacity, with any Competitive Business in the Restricted Area;

               (i) operate, manage, or conduct a Competitive Business, either alone or in conjunction with
any person or entity, whether as an owner, part-owner, affiliate, partner, agent, consultant, joint
venturer, officer, director or in any other capacity in the Restricted Area;

               (ii) divert or otherwise take away, or interfere with any Customer of the Company so as to
have a detrimental effect on the Company’s business with that Customer. The term “Customer” shall
mean any company or business entity to which the Company sells or licenses products or services, or
with whom Employee had contact, or for whom Employee performed services during his employment with
the Company.

          (c) Competitive Business. The term “Competitive Business” refers to any activities
that are competitive to the Company, including, but not limited to, any business or entity that
markets, sells, hosts, delivers, or distributes web analytics products or other online business
optimization software or services in the Restricted Area. Notwithstanding the foregoing
restrictions, Employee is permitted to work for a data hosting or storage provider whose primary
business is the hosting of third party products or services; provided that such hosting or data
storage provider does not create, develop, or market web analytics products or other online
business optimization software or services (for example, Employee may work for a data center
provider).

          (d) Restricted Area. The Restricted Area as used in this Agreement shall mean any
state, county, city or other recognized geographic area within the United States, any territory of
the United States or any foreign country in which the Company is conducting or has conducted
business at any time prior to Employee’s separation from employment with the Company.

          (e) Reasonableness of Restrictions. Employee represents and warrants to the Company
that he has carefully read and considered the provisions of this Section 6, and agrees that the
restrictions set forth, including without limitation the time period and geographical restrictions,
are reasonable and restrict Employee’s right to compete only to the extent necessary to protect the
valid and legitimate
business interests of the Company. Employee further represents and warrants to the Company
that he understands the legal and other consequences of entering into the covenants and agreements
contained in this Section 6. If any restriction, including but not limited to any time or
geographical restriction, contained in this Section 6 is deemed to be unenforceable by a court of
competent jurisdiction, then Employee and the Company agree that such a court may modify and
enforce such restrictions to the extent it believes to be reasonable under the circumstances
existing at that time.

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          (f) Injunction. In the event of a breach or threatened breach by Employee of the
provisions of Section 6(b) above, the Company shall be entitled to an injunction restraining
Employee from engaging in competitive activities prohibited by such paragraph. The parties hereto
agree that a violation of such provisions will cause immediate and irreparable damage to the
Company. Nothing contained herein shall prohibit the Company from also pursuing any other remedies
available at law, and no action by the Company in pursuing any other remedies shall constitute an
election to forego other remedies.

     7. No Pending or Future Lawsuits. Employee represents that he has no lawsuits,
claims, or actions pending in his name, or on behalf of any other person or entity, against the
Company or any other person or entity referred to herein. Employee also represents that he does
not intend to bring any claims on his own behalf or on behalf of any other person or entity against
the Company or any other person or entity referred to herein.

     8. Application for Employment. Employee understands and agrees that, as a condition
of this Agreement, he shall not be entitled to any employment with the Company, its subsidiaries,
or any successor, and he hereby waives any right, or alleged right, of employment or re-employment
with the Company.

     9. No Cooperation. Employee agrees that he will not counsel or assist any attorneys
or their clients in the presentation or prosecution of any disputes, differences, grievances,
claims, charges, or complaints by any third party against the Company and/or any officer, director,
employee, agent, representative, shareholder or attorney of the Company, unless under a subpoena or
other court order to do so.

     10. No Admission of Liability. Employee understands and acknowledges that this
Agreement constitutes a compromise and settlement of disputed claims. No action taken by the
Company, either previously or in connection with this Agreement shall be deemed or construed to be
(a) an admission of the truth or falsity of any claims heretofore made or (b) an acknowledgment or
admission by the Company of any fault or liability whatsoever to the Employee or to any third
party.

     11. Costs. The Parties shall each bear their own costs, expert fees, attorneys’ fees
and other fees incurred in connection with this Agreement.

     12. Arbitration. The Parties agree that any and all disputes arising out of the terms
of this Agreement, their interpretation, and any of the matters herein released, including any
potential claims of
harassment, discrimination or wrongful termination shall be subject to binding arbitration, to
the extent permitted by law, as specified in the Separation Agreement.

     13. Authority. Employee represents and warrants that he has the capacity to act on
his own behalf and on behalf of all who might claim through him to bind them to the terms and
conditions of this Agreement.

-4-

 

     14. No Representations. Employee represents that he has had the opportunity to
consult with an attorney, and has carefully read and understands the scope and effect of the
provisions of this Agreement. Neither party has relied upon any representations or statements made
by the other party hereto which are not specifically set forth in this Agreement.

     15. Severability. In the event that any provision hereof becomes or is declared by a
court of competent jurisdiction to be illegal, unenforceable or void, this Agreement shall continue
in full force and effect without said provision.

     16. Entire Agreement. This Agreement, along with the Separation Agreement, the
Proprietary Rights Agreement and Employee’s written equity compensation agreements with the
Company, represents the entire agreement and understanding between the Company and Employee
concerning Employee’s separation from the Company.

     17. No Oral Modification. This Agreement may only be amended in writing signed by
Employee and the Chief Executive Officer of the Company.

     18. Governing Law. This Agreement shall be governed by the internal substantive laws,
but not the choice of law rules, of the State of Utah.

     19. Effective Date. This Agreement is effective immediately after it has been signed
by both Parties.

     20. Counterparts. This Agreement may be executed in counterparts, and each
counterpart shall have the same force and effect as an original and shall constitute an effective,
binding agreement on the part of each of the undersigned.

     21. Voluntary Execution of Agreement. This Agreement is executed voluntarily and
without any duress or undue influence on the part or behalf of the Parties hereto, with the full
intent of releasing all claims. The Parties acknowledge that:

          (a) They have read this Agreement;

          (b) They have been represented in the preparation, negotiation, and execution of this
Agreement by legal counsel of their own choice or that they have voluntarily declined to seek such
counsel;

          (c) They understand the terms and consequences of this Agreement and of the releases it
contains;

          (d) They are fully aware of the legal and binding effect of this Agreement.

-5-

 

     IN WITNESS WHEREOF, the Parties have executed this Agreement on the respective dates set forth
below.

	 	 	 
	Dated: March ___, 2007
	 	 
	 

	 	 
	 

	 	Joshua G. James
	 

	 	Chief Executive Officer
	 

	 	Omniture, Inc.
	 
	 	 
	Dated: March ___, 2007
	 	 
	 

	 	 
	 

	 	John R. Pestana, an individual

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