Document:

exv10w13

 

			
	

	 	Exhibit 10.13

November 17, 2006

Marcel Bernand

12 Jeremy Drive

Unionville, Ontario L3R 3K6 CN

Dear Marcel Bernand:

     Activant Group Inc., a Delaware corporation (“Activant”), is pleased to inform you that you
are eligible to receive a retention bonus of $21,492.10 (the “Bonus”), payable in three equal
annual installments, as provided below, as a reward for your continued service as a director,
consultant or employee of Activant or its holding company:

	 	 	 
	Date of Bonus Payment	 	Amount of Bonus
	September 30, 2007
	 	33-1/3%
	September 30, 2008
	 	33-1/3%
	September 30, 2009
	 	33-1/3%

Notwithstanding the foregoing, in the event of the consummation of a Change in Control (as defined
in the Amended and Restated Activant Group Inc. 2006 Stock Incentive Plan) of Activant, all annual
installments set forth above not previously paid shall become immediately due and payable upon
such consummation, subject to the following paragraph of this letter.

     You must be serving as a director, consultant or employee of Activant or its holding company
at the time each installment is payable in order to earn and receive such installment, but there
are no other conditions to the Bonus. In the event that your service relationship with Activant
or its holding company terminates prior to the time any annual installment is payable, you will
forfeit that and all subsequent installments. Activant may withhold from the Bonus any such
Federal, state, local or other taxes, including applicable taxes of any jurisdiction outside the
United States, as shall be required to be withheld pursuant to any applicable law or regulation.

     You understand that the Bonus made available to you hereunder does not constitute a guarantee
of continued service as a director, consultant or employee of Activant or its holding company, and
that your service relationship with Activant or its holding company is at will. As such, you or
the shareholders of Activant or its holding company may terminate your service as a director at
any time and for any reason or no reason and you or Activant or its holding company may terminate
your service as a consultant or employee at any time and for any reason or nor reason, in either
case, with or without cause or advance notice. In addition, Activant and its subsidiaries retain
the right to modify your compensation and benefits, other than this Bonus, within their sole
discretion, upon notice to you, to the fullest extent allowed by law.

 

 

     Unless otherwise determined by Activant’s Board of Directors, any payments made hereunder
will not be taken into account in computing your compensation for the purposes of determining any
benefits or compensation under (i) any retirement, life insurance or other benefit plan of
Activant or (ii) any agreement between Activant and you.

	 	 	 	 	 
	 	Sincerely,

 	 
	 	/s/ Greg Petersen
 	 
	 	Greg Petersen, 	 
	 	Executive Vice Presidentexv10w14

 

			
	
	 	Exhibit 10.14

November 17, 2006

Pervez Qureshi

1584 Cielo Court

Livermore, CA 94550

Dear Mr. Qureshi:

     Activant Group Inc., a Delaware corporation (“Activant”), is pleased to inform you that
you are eligible to receive a retention bonus of $758,333.45 (the “Bonus”), payable in five
equal annual installments, as provided below, as a reward for your continued employment with
Activant or one of its subsidiaries:

	 	 	 
	Date of Bonus Payment	 	Amount of Bonus
	September 30, 2007
	 	20%
	September 30, 2008
	 	20%
	September 30, 2009
	 	20%
	September 30, 2010
	 	20%
	September 30, 2011
	 	20%

Notwithstanding the foregoing, (i) in the event of the consummation of a Change in Control
(as defined in the Amended and Restated Activant Group Inc. 2006 Stock Incentive Plan) of
Activant, all annual installments set forth above not previously paid shall become
immediately due and payable upon such consummation, subject to the following paragraph of
this letter, and (ii) in the event your employment is terminated by Activant without Cause
(as defined in the Employment Agreement, dated as of May 2, 2006, between you and Activant
(as amended from time to time, the “Employment Agreement”)) (and other than by reason of
death or Disability (as defined in the Employment Agreement)) or if you resign for Good
Reason (as defined in the Employment Agreement) and one or more of the payment dates for the
annual installments set forth above has not occurred as of such termination, any annual
installment that you would have received on or prior to the six (6) month anniversary of the
termination of your employment based on the payment dates set forth above if you had
otherwise remained employed by Activant or one of its subsidiaries through such six (6) month
anniversary shall become immediately due and payable upon such
termination of your employment.

     You must be employed by Activant or one of its subsidiaries, whether as an employee,
consultant or advisor, at the time each installment is payable in order to earn and receive
such installment, but there are no other conditions to the Bonus. In the event that your
service relationship with Activant or one of its subsidiaries terminates prior to the time
any annual installment is payable, you will forfeit that and all subsequent installments. Activant may withhold from the Bonus any such Federal, state, local or
other taxes, including applicable taxes of any jurisdiction outside the United States, as
shall be required to be withheld pursuant to any applicable law or regulation.

 

 

     You understand that the Bonus made available to you hereunder does not constitute a
guarantee of continued employment with Activant or one of its subsidiaries, and that your
service relationship with Activant or its subsidiaries is at will. As such, you or Activant or
its subsidiaries may terminate your employment at any time and for any reason or no reason,
either with or without cause or advance notice. In addition, Activant and its subsidiaries
retain the right to modify your compensation and benefits, other than this Bonus, within their
sole discretion, upon notice to you, to the fullest extent allowed by law.

     Unless otherwise determinded by Activant’s Board of Directors, any payments made hereunder will
not be taken into account in computing your salary or compensation for the purposes of determining
any benefits or compensation under (i) any retirement, life insurance or other benefit plan of
Activant or (ii) any agreement between Activant and you.

	 	 	 	 	 
	 	Sincerely,

 	 
	 	/s/ Greg Petersen
 	 
	 	Greg Petersen, 	 
	 	Executive Vice Presidentexv10w15

 

			
	
	 	Exhibit 10.15

November 17, 2006

Bill Wilson

3143 Holyrood Drive

Oakland, CA 94611

Dear Mr. Wilson:

     Activant Group Inc., a Delaware corporation (“Activant”), is pleased to inform you that
you are eligible to receive a retention bonus of $131,250.00 (the “Bonus”), payable in five
equal annual installments, as provided below, as a reward for your continued employment with
Activant or one of its subsidiaries:

	 	 	 
	Date of Bonus Payment	 	Amount of Bonus
	September 30, 2007
	 	20%
	September 30, 2008
	 	20%
	September 30, 2009
	 	20%
	September 30, 2010
	 	20%
	September 30, 2011
	 	20%

Notwithstanding the foregoing, in the event of the consummation of a Change in Control (as
defined in the Amended and Restated Activant Group Inc. 2006 Stock Incentive Plan) of
Activant, all annual installments set forth above not previously paid shall become
immediately due and payable upon such consummation, subject to the following paragraph of
this letter.

     You must be employed by Activant or one of its subsidiaries, whether as an employee,
consultant or advisor, at the time each installment is payable in order to earn and receive
such installment, but there are no other conditions to the Bonus. In the event that your
service relationship with Activant or one of its subsidiaries terminates prior to the time
any annual installment is payable, you will forfeit that and all subsequent installments.
Activant may withhold from the Bonus any such Federal, state, local or other taxes, including
applicable taxes of any jurisdiction outside the United States, as shall be required to be
withheld pursuant to any applicable law or regulation.

     You understand that the Bonus made available to you hereunder does not constitute a
guarantee of continued employment with Activant or one of its subsidiaries, and that your
service relationship with Activant or its subsidiaries is at will. As such, you or Activant or
its subsidiaries may terminate your employment at any time and for any reason or no reason,
either with or without cause or advance notice. In addition, Activant and its subsidiaries
retain the right to modify your compensation and benefits, other than this Bonus, within their
sole discretion, upon notice to you, to the fullest extent allowed by law.

 

 

     Unless otherwise determined by Activant’s Board of Directors, any payments made hereunder
will not be taken into account in computing your salary or compensation for the purposes of
determining any benefits or compensation under (i) any retirement, life insurance or other benefit
plan of Activant or (ii) any agreement between Activant and you.

	 	 	 	 	 
	 	Sincerely,

 	 
	 	/s/ Greg Petersen
 	 
	 	Greg Petersen, 	 
	 	Executive Vice Presidentexv10w16

 

			
	
	 	Exhibit 10.16

November 17, 2006

Steve McLaughlin

1220 Bridgetown Pike

Langhorne, PA 19053

Dear Mr. McLaughlin:

     Activant Group Inc., a Delaware corporation (“Activant”), is pleased to inform you
that you are eligible to receive a retention bonus of $113,750.00 (the “Bonus”), payable
in five equal annual installments, as provided below, as a reward for your continued
employment with Activant or one of its subsidiaries:

	 	 	 
	Date of Bonus Payment	 	Amount of Bonus
	September 30, 2007
	 	20%
	September 30, 2008
	 	20%
	September 30, 2009
	 	20%
	September 30, 2010
	 	20%
	September 30, 2011
	 	20%

Notwithstanding the foregoing, in the event of the consummation of a Change in Control (as
defined in the Amended and Restated Activant Group Inc. 2006 Stock Incentive Plan) of
Activant, all annual installments set forth above not previously paid shall become
immediately due and payable upon such consummation, subject to the following paragraph of
this letter.

     You must be employed by Activant or one of its subsidiaries, whether as an employee,
consultant or advisor, at the time each installment is payable in order to earn and receive
such installment, but there are no other conditions to the Bonus. In the event that your
service relationship with Activant or one of its subsidiaries terminates prior to the time
any annual installment is payable, you will forfeit that and all subsequent installments.
Activant may withhold from the Bonus any such Federal, state, local or other taxes,
including applicable taxes of any jurisdiction outside the United States, as shall be
required to be withheld pursuant to any applicable law or regulation.

     You understand that the Bonus made available to you hereunder does not constitute a
guarantee of continued employment with Activant or one of its subsidiaries, and that your
service relationship with Activant or its subsidiaries is at will. As such, you or
Activant or its subsidiaries may terminate your employment at any time and for any reason
or no reason, either with or without cause or advance notice. In addition, Activant and
its subsidiaries retain the right to modify your compensation and benefits, other than
this Bonus, within their sole discretion, upon notice to you, to the fullest extent
allowed by law.

 

 

     Unless otherwise determined by Activant’s Board of Directors, any payments made hereunder will
not be taken into account in computing your salary or compensation for the purposes of determining
any benefits or compensation under (i) any retirement, life insurance or other benefit plan of
Activant or (ii) any agreement between Activant and you.

	 	 	 	 	 
	 

	 	Sincerely,	 	 
	 
	 	 	 	 
	 

	 	/s/ Greg Petersen	 	 
	 

	 	 

Greg Petersen,
	 	 
	 

	 	Executive Vice President

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