Document:

EMPLOYMENT AGREEMENT BETWEEN KIRK ROBERTS AND THE COMPANY

 Exhibit 10.22 
 EMPLOYMENT AGREEMENT 
 THIS AGREEMENT made as of the 30 day of June, 2006 
 AMONG 
 OPEN TEXT CORPORATION,

 a corporation amalgamated under the laws of 
 Ontario (hereinafter referred to as the 
 “Corporation”) 
 OF THE FIRST PART 
 - and - 
 KIRK ROBERTS 
 (hereinafter referred to
as the “Executive”) 
 OF THE SECOND PART 
 WHEREAS the Corporation is desirous of retaining the services of the Executive as an employee of the Corporation and as its Executive; 
 AND
WHEREAS the Executive has agreed to enter into and deliver this Agreement on the terms and conditions contained herein. 
 AND WHEREAS the Executive has
agreed to enter into and deliver this Agreement in consideration of receiving certain additional benefits and other additional compensation as provided for pursuant to the terms of this Agreement; 
 NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the mutual covenants and agreements herein contained and for other good and valuable consideration, the
parties agree as follows: 
  

	1.	DEFINITIONS 

 For the purposes of this Agreement,
the following terms shall have the following meanings, respectively: 
  

	 	a.	“Act” means the Business Corporations Act (Ontario), as amended from time to time; 

	 	b.	“Agreement” means this Agreement as may be amended or supplemented from time to time, including any and all schedules annexed hereto; 

  

	 	c.	“Annual Base Salary” has the meaning ascribed to that term in Section 5(a) hereof; 

  

	 	d.	“Audit Committee” means the audit committee of the Board of Directors of the Corporation as may be constituted from time to time; 

  

	 	e.	“Board of Directors” means the board of directors of the Corporation as may be constituted from time to time and “Directors” means the directors of
the Corporation; 

  

	 	f.	“Change of Control” means either of the following events: 

  

	 	i.	the sale of all or substantially all of the assets of the Corporation; or 

  

	 	ii.	any transaction whereby any person, together with Affiliates and Associates of such person, or any group of persons acting in concert (collectively, “Acquiror” or
“Acquirors”), acquires beneficial ownership of more than 50% of the issued common shares of the Corporation on a fully diluted basis, or any transaction as a result of which beneficial ownership of common shares constituting more than 50%
in the aggregate of the issued common shares of the Corporation on a fully diluted basis cease to be held by persons who are shareholders of the Corporation as at the date hereof or by Affiliates or Associates of such present shareholders;

 (for the purposes of this definition and this Agreement, whether persons are affiliated or associated shall be determined in
accordance with the definitions of “Affiliate” and “Associate” in the provisions of the Act as such provisions may be amended, supplemented or replaced from time to time and for purposes of this definition the terms
“group” and “beneficial ownership” shall have the meanings ascribed thereto under Section 14(d)(2) of the Securities Act and Rule 13d-3 of the General Rules of the Securities Act, respectively);

  

	 	g.	“Compensation Committee” means the compensation committee of the Board of Directors of the Corporation as may be constituted from time to time;

  

	 	h.	“Date of Termination” shall mean the date of termination of the Executive’s employment, whether by death of the Executive, by the Executive or by the
Corporation pursuant to the terms of this Agreement; 

	 	i.	“Disability” has the meaning ascribed to that term in Section 11(b) hereof; 

  

	 	j.	“Incumbent Director” shall mean any member of the Board of Directors who was a member of the Board of Directors immediately prior to a Change of Control and any
successor to an Incumbent Director who was recommended or appointed to succeed any Incumbent Director by the affirmative vote of the Directors when that affirmative vote includes the affirmative vote of a majority of the Incumbent Directors then on
the Board of Directors; 

  

	 	k.	“Just Cause” shall mean: 

  

	 	i.	the failure by the Executive to perform his duties according to the terms of his employment (other than those (A): that follow a demotion in his position or duties; or
(B) resulting from the Executive’s Disability) after the Corporation has given the Executive reasonable notice of such failure and a reasonable opportunity to correct it; 

  

	 	ii.	the engaging by the Executive in any act that is materially injurious to the Corporation, monetarily or otherwise, but not including, following a Change of Control, the expression
of opinions contrary to those directors of the Corporation who are not Incumbent Directors or those of the Acquirors; 

  

	 	iii.	the engaging by the Executive in any act of dishonesty resulting or intended to result directly or indirectly in personal gain of the Executive at the Corporation’s expense,
including the failure by the Executive to honour his fiduciary duties to the Corporation and his duty to act in the best interests of the Corporation; 

  

	 	iv.	the failure by the Executive to comply with the provisions of Section 11(c) where the Executive elects to terminate his employment with the Corporation unless notice of such
termination of employment is properly given in accordance with the terms of Section 14(b) hereof; 

  

	 	v.	the failure of the Executive to abide by the terms of any resolution passed by the Board of Directors; or 

  

	 	vi.	the failure by the Executive to abide by the policies, procedures and codes of conduct of the Corporation. 

  

	 	l.	 “Person” or “persons” includes an individual, sole proprietorship, partnership, unincorporated association, unincorporated
syndicate, 

	 	 
unincorporated organization, trust, body corporate, and a natural person in his capacity as trustee, executor, administrator or other legal representative;

  

	 	m.	“Parachute Event” means the occurrence of the following without the Executive’s written consent (except in connection with the termination of the employment of
the Executive for Just Cause or Disability or termination of the Executive’s employment because of the death of the Executive): 

  

	 	i.	a material change (other than those that are consistent with a promotion) in the Executive’s position or duties, responsibilities, title or office in effect immediately prior
to the Change of Control (except for a change in any position or duties as a director of the Corporation), which includes any removal of the Executive from or any failure to re-elect or re-appoint the Executive to any such positions or offices.

  

	 	ii.	a material reduction by the Corporation or any of its subsidiaries of the Executive’s salary, benefits or any other form of remuneration payable by the Corporation or its
subsidiaries; or 

  

	 	iii.	any material failure by the Corporation or its subsidiaries to provide any benefit, bonus, profit sharing, incentive, remuneration or compensation plan, stock ownership or purchase
plan, pension plan or retirement plan in which the Executive is participating or entitled to participate immediately prior to a Change of Control, or the Corporation or its subsidiaries taking any action or failing to take any action that would
materially adversely affect the Executive’s participation in or materially reduce his rights or benefits under or pursuant to any such plan; 

  

	 	iv.	any other material breach by the Corporation of this Agreement; 

  

	 	n.	“Securities Act” means the Securities Exchange Act of 1934, as amended from time to time; 

  

	 	o.	“Voluntary Termination” means the termination of the Executive’s employment with the Corporation by the Executive at his discretion in accordance with the
provisions of Section 11(c) of this Agreement. 

  

	2.	TERM 

 The Corporation shall employ the Executive
for an indefinite period commencing on the date of this Agreement, subject, however, to earlier termination as hereinafter provided. 

	3.	DUTIES 

 The Executive shall serve the Corporation
and any subsidiaries of the Corporation in such capacity or capacities and shall perform such duties and exercise such powers pertaining to the management and operation of the Corporation and any Subsidiaries and Associates of the Corporation (as
those terms are defined in the Act) as may be determined from time to time by the Reporting Manager (as defined below) and the Chief Executive Officer (“CEO”) consistent with the office of the Executive. The Executive shall:

  

	 	i.	devote his full time and attention and his best efforts to the business and affairs of the Corporation; 

  

	 	ii.	perform those duties that may be assigned to the Executive diligently and faithfully to the best of the Executive’s abilities and in the best interests of the Corporation; and

  

	 	iii.	use his best efforts to promote the interests and goodwill of the Corporation. 

  

	4.	REPORTING PROCEDURES 

 The Executive shall report to
the President/CEO (“Reporting Manager”). The Executive shall report fully on the management, operations and business affairs of the Corporation and advise to the best of his ability and in accordance with business standards on
business matters that may arise from time to time during the term of this Agreement. 
  

	5.	REMUNERATION AND BENEFITS 

  

	 	a.	The annual base salary (“Annual Base Salary”) payable to the Executive for his services hereunder for each year of the term of this Agreement shall be determined by
the CEO (and the Compensation Committee, as may be required) upon recommendation by the Reporting Manager and set out in a separate document, subject to the provisions of Section 7, and exclusive of bonuses, benefits and other compensation as
provided for herein. The Annual Base Salary payable to the Executive pursuant to the provisions of this section 5 shall be payable in such manner as other payments are made by the Corporation to senior executives or in such other manner as may be
mutually agreed upon, less, in any case, all applicable deductions or withholdings as required by law. As of the date of this Agreement, the Annual Base Salary is CDN$350,000.00. 

  

	 	b.	 The Corporation shall provide the Executive with employee benefits comparable to those provided by the Corporation from time to time to other 

	 	 
senior executives of the Corporation. Benefits to be enjoyed by the Executive during the term of this Agreement shall be in accordance with Schedule
“A”, as amended from time to time, and shall include reimbursement of any properly incurred expenses as provided for in Section 10 hereof. 

  

	6.	ANNUAL PERFORMANCE BONUS 

 In addition to the
Executive’s Annual Base Salary, the Executive shall be entitled to earn a bonus (the “Performance Bonus”) which shall be based upon performance goals established by the Reporting Manager in conjunction with the CEO (and the
Compensation Committee, as may be required) from time to time and set forth in a separate document. Any changes respecting the amount or other terms of the Performance Bonus payable to the Executive must be approved by the Reporting Manager in
conjunction with the CEO (and the Compensation Committee, as may be required). As of the date of this Agreement, the Performance Bonus target is CDN$230,000.00. 
  

	7.	SALARY AND/OR BONUS ADJUSTMENTS 

 Other than as
herein provided, there shall be no cost-of-living increase or merit increase in the Annual Base Salary or increases in any bonuses payable to the Executive unless agreed to in writing by the Reporting Manager and the CEO. The Reporting Manager and
the CEO shall review annually the Annual Base Salary and all other compensation to be received by the Executive under this Agreement. 
  

	8.	OPTIONS 

 The Corporation shall permit the Executive
to participate in any share option plan, share purchase plan, retirement plan or similar plan offered by the Corporation from time to time to its senior executives in the manner and to the extent authorized by the Compensation Committee of the Board
of Directors. The Compensation Committee may, in its absolute discretion, grant additional options, subject to approval by the Board of Directors, and it may review the advisability of additional option grants for the Executive. 
  

	9.	VACATION 

 The Executive shall be entitled to
(5) Five weeks paid vacation per fiscal year of the Corporation at a time approved in advance by the Reporting Manager, which approval shall not be unreasonably withheld but shall take into account the staffing requirements of the Corporation
and the need for the timely performance of the Executive’s responsibilities. Any vacation entitlement hereunder shall be subject to the Corporation’s policy respecting same in effect from time to time. 

	10.	EXPENSES 

 Subject to the terms of this section, the Executive shall
be reimbursed for all reasonable travel and other out-of-pocket expenses actually and properly incurred by the Executive from time to time in connection with carrying out his duties hereunder. Determination of whether expenses are reasonable or not
shall be made by the Reporting Manager. For all such expenses the Executive shall furnish to the Corporation originals of all invoices or statements in respect of which the Executive seeks reimbursement. 
  

	11.	TERMINATION 

  

	 	a.	For Just Cause 

 The Corporation may immediately terminate
the employment of the Executive for Just Cause without notice or any payment in lieu of notice, and for purposes of greater certainty, the Corporation shall have no obligation to make any payments to the Executive on account of severance or bonuses
or partial bonuses or any other amounts except as expressly stipulated in Section 12(a) hereof. 
  

	 	b.	For Disability/Death 

 This Agreement may be immediately
terminated by the Corporation by notice to the Executive if the Executive is determined to suffer from disability. The Executive shall be deemed to suffer from disability (hereinafter referred to as “Disability”) if in any year during the
employment period, because of ill health, physical or mental disability, or for other causes beyond the control of the Executive, the Executive has been continuously unable or unwilling or has failed to perform the Executive’s duties for 120
consecutive days, or if, during any year of the employment period, the Executive has been unable or unwilling or has failed to perform his duties for a total of 180 days, consecutive or not. The CEO, acting reasonably, shall (subject to paragraph 31
herein), finally determine if the Executive is suffering from ill health, physical or mental disability or other causes beyond his control during the time periods as hereinbefore set forth in the event of any dispute between the Executive and the
Corporation concerning the occurrence of Disability for purposes of this Section. 
 Notwithstanding any short term or long term corporate
benefits or insurance policies relating to disability maintained by the Corporation at the relevant time, if during any period of ill health, physical or mental disability or for other causes beyond the control of the Executive, the Executive has
been continuously unable or unwilling or has failed to perform the Executive’s duties less than 120 consecutive days (the “Short-Term Illness”), the Executive shall continue to receive all amounts of remuneration and benefits
otherwise payable to and enjoyed by the Executive under this Agreement less any and all amounts received by and/or payable to the Executive in connection with benefits paid and/or payable as a result of such Short-Term Illness (i.e. no duplicate
payments as a result of short term disability payments and the Executive’s salary payments that are due during the Short-Term 

 
Illness time period). Upon termination of this Agreement as a result of Disability, the Corporation shall pay to the Executive the severance payment provided
for in Subsection 12(b) hereof less any and all amounts received by and/or payable to the Executive in connection with benefits paid and/or payable as a result of the Disability. Upon termination of this Agreement as a result of Disability, the
Corporation shall permit the Executive to continue to participate in those employee benefits referred to in Section 5(b) hereof, to the extent enjoyed by the Executive prior to the occurrence of Disability, for the number of months of severance
payments set forth in the chart on Exhibit 1. The term “any year of the employment period” means any period of 12 consecutive months during the employment period. 
 This Agreement shall terminate without notice or any payment in lieu thereof immediately upon the death of the Executive. 
  

	 	c.	Voluntary Termination by Executive 

 If the Executive is
desirous of voluntarily terminating his employment with the Corporation, the Executive agrees to give the Corporation 3 months advance written notice of such termination in which case the Executive shall not be entitled to any payment on account of
severance under Section 12(b) hereof. The Reporting Manager and the CEO may waive such notice in writing after consulting with the Board of Directors, in their sole and absolute discretion, in which case the Executive’s employment shall be
deemed to terminate immediately, provided the Executive shall still be entitled to compensation due on account of Annual Base Salary and benefits earned up to the last date of the 3 month advance written notice period given by the Executive and any
Performance Bonus earned and prorated during such 3 month notice period. Provided that the Executive gives the 3 month notice as required hereunder, any unvested options which would have otherwise vested during such advance written notice period
shall be permitted to continue to vest during such period. The Executive shall have the right to exercise any options which are vested as at the Date of Termination for the period which is 90 days following such Date of Termination (the “90 Day
Period”). For purposes of this Section 11(c), the term “Date of Termination” shall mean the actual day on which the Executive ceases to be employed plus the remainder of the 3 month notice period if and to the extent waived by
the Reporting Manager and the CEO in consultation with the Board of Directors. Any termination properly given under Section 14(b) hereof and in accordance with the terms thereof shall not be considered a voluntary termination under this
Section 11(c). 
  

	 	d.	Termination by Corporation Other than For Just Cause, Disability or Death 

 The Corporation may terminate the employment of the Executive, notwithstanding any other provision of this Agreement, upon compliance with the terms of Section 12(b) hereof. 

	12.	SEVERANCE PAYMENTS 

  

	 	a.	Upon termination of the Executive’s employment for Just Cause, the Executive shall not be entitled to any severance or other payment other than Annual Base Salary earned by the
Executive before the Date of Termination calculated pro rata up to and including the Date of Termination and all outstanding and accrued vacation pay to the Date of Termination. Upon termination of the Executive’s employment: (i) for
death; or (ii) by the voluntary termination of the employment of the Executive by the Executive pursuant to Section 11(c) hereof, the Executive shall not be entitled to any severance or other payment other than Annual Base Salary and any
Performance Bonus earned by the Executive before the Date of Termination calculated pro rata up to and including the Date of Termination (which under Section 11(c) shall be as defined therein) and all outstanding and accrued vacation pay to the
Date of Termination. 

  

	 	    	Notwithstanding anything to the contrary in Section 12(b) below, the Executive shall not be entitled to any Performance Bonus earned by the Executive before the Date of
Termination unless the Executive gives the Corporation the advanced written notice required by Section 11(c) hereof. 

  

	 	b.	If the Executive’s employment is terminated by the Corporation for any other reason other than the reasons set forth in Section 12(a), the Executive shall be entitled to
receive, for the number of months of severance payments set forth in the chart on Exhibit 1, all of the health and dental benefits (other than disability benefits, accidental death and dismemberment benefits and life insurance benefits) that he
received from the Corporation immediately prior to the termination, PLUS: 

  

	 	(i)	All outstanding base salary earned before the Date of Termination, less any amounts that the Executive received in connection with benefits paid or payable as a result of Disability
if applicable; 

  

	 	(ii)	Any Performance Bonus which has been earned by the Executive before the Date of Termination calculated on a pro rata basis based on the number of months in the current bonus period
up to and including the Date of Termination ((pro rata Performance Bonus = annual Performance Bonus target / 12) x the number of months in the then-current bonus period up to and including the Date of Termination); 

  

	 	(iii)	 Additional payments based on the Executive’s length of service with the Company, calculated as Executive’s monthly base salary for the number of months
set forth in the chart on Exhibit 1, less any amounts received by and/or payable to Executive in connection with benefits paid or payable as a result of the 

	 	 
Disability if applicable (for purposes of this section 12.b.(iii), and section 12.b.(iv) below, Executive’s service start date is July 1,
1992); 

  

	 	(iv)	An amount equal to 1/12 of the Performance Bonus payments earned by Executive during the bonus year preceding the current bonus year times the number of months referred to in the
chart on Exhibit 1, based on Executive’s length of service with the Company; and 

  

	 	(v)	All outstanding and accrued vacation pay. 

 If, at the Date
of Termination, there were any memberships in any clubs, social or athletic organizations paid for by the Corporation pursuant to Schedule A hereof at the Date of Termination, the Corporation will not take any action to terminate such memberships
but will not renew any such membership that expires or reimburse the Executive for any further payments thereunder. 
 Any amounts due
hereunder on account of severance in 12.b.(iii) and 12.b.(iv) above shall be paid by the Corporation to the Executive on a monthly basis commencing 30 days following the Date of Termination and not in a lump sum. 
  

	 	c.	 Except as expressly stipulated in Sections 11(c) or 14 hereof or in this Section 12(c), any options which have not vested as of the Date of Termination (being
in the case where the Corporation gives notice, the date specified by the Corporation as the date on which the Executive’s employment will terminate) shall terminate and be of no further force and effect as of the Date of Termination and
neither any period of notice nor any payment in lieu thereof upon termination of employment hereunder shall be considered as extending the period of employment for the purposes of vesting of options notwithstanding anything to the contrary in any
other agreement between the Corporation and the Executive. Notwithstanding anything contained in this Section 12, in the event of termination by the Corporation other than for Just Cause, the Executive shall have the right to exercise any
options which are vested as at the Date of Termination for the 90 Day Period (as defined in Section 11(c)). Any unvested options which would have otherwise vested during such 90 Day Period shall continue to vest during that period and to the
extent any unvested options have vested during such 90 Day Period, the Executive shall also be entitled to exercise those options within a rolling 90 day period after the date of vesting of such options, which period will not exceed 180 days
following the Date of Termination. In addition, notwithstanding anything contained in this Section 12 or elsewhere in this Agreement, in the event of termination due to death of 

 
the Executive, the estate of the Executive shall be entitled, at any time during the period which is 12 months following the date of death of the Executive
(the “12 Month Period”), to exercise any options which have vested as at the date of death of the Executive. In addition, any unvested options which would have otherwise vested during such 12 Month Period shall continue to vest during that
period and to the extent of any unvested options have vested during such period, the Executive’s estate shall be entitled to exercise those options within a period which starts on the day of vesting and ends 12 months from the date of death of
the Executive. 
 For purposes of greater certainty, if the Executive is terminated for Just Cause, Death or if the Executive’s employment hereunder is
terminated by the Executive pursuant to Section 11(c) then no payment whatsoever shall be made to the Executive under Section 12(b). 
  

	13.	NO FURTHER ENTITLEMENTS 

 Except as expressly
provided in Sections 11 and 12 above and Section 14 below, where the Executive’s employment has been terminated by the Executive or terminated or deemed to have been terminated by the Corporation for any reason, the Executive will not be
entitled to receive any further payments, in lieu of notice or as damages for any reason whatsoever. Except as to any entitlement as expressly provided in this Agreement, the Executive hereby waives any claims the Executive may have against the
Corporation for or in respect of termination pay, severance pay, or on account of loss of office or employment or notice in lieu thereof, or any other cause, including human rights legislation. 
  

	14.	OPTION ACCELERATION AND SEVERANCE PAYMENTS ON CHANGE OF CONTROL 

  

	 	a.	Termination by the Corporation 

 If the
Executive’s employment is terminated by the Corporation upon the giving of written notice of such termination to the Executive at any time within the 6 month period following a Change of Control (other than for Just Cause, Disability or Death),
then the Executive shall be entitled to the following: 
  

	 	i.	such payments on account of severance as provided for under Section 12(b) of this Agreement; and 

  

	 	ii.	notwithstanding anything to the contrary in Section 12 hereof or in this Agreement, all options granted by the Corporation to the Executive shall, following the giving of any
notice by the Corporation under this Section 14(a), be deemed to vest immediately and shall be exercisable by the Executive for a period of 90 days following the giving of such notice by the Corporation hereunder. 

	 	b.	Termination by Executive 

 If the Executive’s
employment is terminated by the Executive upon the giving of written notice of such termination to the Corporation within the 6 month period following a Change of Control, and within 60 days following the occurrence of a Parachute Event, which shall
be described in detail by the Executive in the written notice of termination given to the Corporation, the Executive shall be entitled to the following: 
  

	 	i.	such payments on account of severance as provided for under Section 12(b) of this Agreement; 

  

	 	ii.	notwithstanding anything to the contrary in Section 12 hereof or in this Agreement, all options granted by the Corporation to the Executive shall, following the giving of
proper notice by the Executive, under this Section 14(b), be deemed to vest immediately and shall be exercisable by the Executive for a period of 90 days following the giving of such notice. 

  

	15.	DISCLOSURE 

 During the employment period, the
Executive shall promptly disclose to the CEO full information concerning any interest, direct or indirect, of the Executive (as owner, shareholder, partner, lender or other investor, director, officer, employee, consultant or otherwise) or any
member of his family in any business that is reasonably known to the Executive to purchase or otherwise obtain services or products from, or to sell or otherwise provide services or products to the Corporation or to any of its suppliers or
customers. 
  

	16.	NON-COMPETITION/NON-SOLICITATION/PROPRIETARY RIGHTS AGREEMENT 

 The Executive agrees to execute contemporaneously with his execution of this Agreement the confidentiality, non-solicitation, non-competition and inventions/proprietary rights agreement in substantially the form
annexed hereto as Schedule “B”. 

	17.	RETURN OF MATERIALS 

 All files, forms, brochures,
books, materials, written correspondence, memoranda, documents, manuals, computer disks, software products and lists (including lists of customers, suppliers, products and prices) pertaining to the business of the Corporation or any of its
subsidiaries and associates that may come into the possession or control of the Executive shall at all times remain the property of the Corporation or such Subsidiary or Associate, as the case may be. On termination of the Executive’s
employment for any reason, the Executive agrees to deliver promptly to the Corporation all such property of the Corporation in the possession of the Executive or directly or indirectly under the control of the Executive. The Executive agrees not to
make for his personal or business use or that of any other party, reproductions or copies of any such property or other property of the Corporation. 
  

	18.	GOVERNING LAW 

 This agreement shall be governed by
and construed in accordance with the laws of the Province of Ontario. 
  

	19.	SEVERABILITY 

 If any provision of this agreement,
including the breadth or scope of such provision, shall be held by any court of competent jurisdiction to be invalid or unenforceable, in whole or in part, such invalidity or unenforceability shall not affect the validity or enforceability of the
remaining provisions, or part thereof, of this agreement and such remaining provisions, or part thereof, shall remain enforceable and binding. 
  

	20.	ENFORCEABILITY 

 The Executive hereby confirms and
agrees that the covenants and restrictions pertaining to the Executive contained in this Agreement, are reasonable and valid and hereby further acknowledges and agrees that the Corporation would suffer irreparable injury in the event of any breach
by the Executive of his obligations under any such covenant or restriction. Accordingly, the Executive hereby acknowledges and agrees that damages would be an inadequate remedy at law in connection with any such breach and that the Corporation shall
therefore be entitled in lieu of any action for damages, temporary and permanent injunctive relief enjoining and restraining the Executive from any such breach. 
  

	21.	NO ASSIGNMENT 

 The Executive may not assign, pledge
or encumber the Executive’s interest in this agreement nor assign any of the rights or duties of the Executive under this agreement without the prior written consent of the Corporation. 

	22.	SUCCESSORS 

 This agreement shall be binding on and
enure to the benefit of the successors and assigns of the Corporation and the heirs, executors, personal legal representatives and permitted assigns of the Executive. 
  

	23.	NOTICES 

 Any notice or other communication required
or permitted to be given hereunder shall be in writing and either delivered by hand or mailed by prepaid registered mail. At any time other than during a general discontinuance of postal service due to strike, lock-out or otherwise, a notice so
mailed shall be deemed to have been received three business days after the postmarked date thereof or, if delivered by hand, shall be deemed to have been received at the time it is delivered. If there is a general discontinuance of postal service
due to strike, lock-out or otherwise, a notice sent by prepaid registered mail shall be deemed to have been received three business days after the resumption of postal service. Notices shall be addressed as follows: 
  

	 	i.	If to the Corporation: 

 275 Frank Tompa Drive 

Waterloo, Ontario 
 Canada N2L 0A1

  

	 	ii.	If to the Executive: 

 Kirk Roberts 
 18 Gladstone Avenue 
 Guelph, Ontario

 Canada N1E 1L6 
  

	24.	LEGAL ADVICE 

 The Executive hereby represents and
warrants to the Corporation and acknowledges and agrees that he had the opportunity to seek and was not prevented nor discouraged by the Corporation from seeking independent legal advice prior to the execution and delivery of this agreement and
that, in the event that he did not avail himself of that opportunity prior to signing this agreement, he did so voluntarily without any undue pressure and agrees that his failure to obtain independent legal advice shall not be used by him as a
defence to the enforcement of his obligations under this agreement. 

	25.	RESIGNATION OF DIRECTORSHIPS, ETC. 

 The Executive
agrees that after termination of his/her employment, he/she will, at the request of the CEO, tender his/her resignation from any position he/she may hold as an officer or director of the Corporation or any of its Affiliated or Associated companies,
and the Executive further covenants and agrees, if so requested by the CEO, not to stand for re-election to any office of the Corporation or any of its Affiliated or Associated companies at any time following termination of the Executive’s
employment hereunder. 
  

	26.	NO DEROGATION 

 Nothing herein derogates from any
rights the Executive may have under applicable law, except as set out in this section. The parties agree that the rights, entitlements and benefits set out in this Agreement to be paid to the Executive are in full satisfaction of any rights or
entitlements the Executive may have as against subsidiaries of the Corporation as a result of the termination of his employment with such subsidiaries. 
  

	27.	CURRENCY 

 All dollars referenced herein are in
Canadian dollars unless expressly provided to the contrary. 
  

	28.	NON-DISPARAGEMENT 

 The Executive covenants and
agrees that he shall not engage in any pattern of conduct that involves the making or publishing of written or oral statements or remarks (including, without limitation, the repetition or distribution of derogatory rumours, allegations, negative
reports or comments) which are disparaging, deleterious or damaging to the integrity, reputation or goodwill of the Corporation, its affiliates or its and their management. 
  

	29.	PRIVACY 

 The Executive acknowledges and agrees that
the Corporation may collect, use and disclose his personal information for purposes relating to his employment with the Corporation. The purposes of such collection, use and disclosure include, but are not limited to: 
 (a) ensuring that the Executive is paid for his services to the Corporation which includes disclosure to third party payroll providers; 
 (b) administering and/or facilitating the provision of any benefits to which the Executive is or may become entitled to, including bonuses, medical,
dental, disability and life insurance benefits, pension, group RRSP and/or stock options. This shall include the disclosure of the Executive’s personal information to the Corporation’s third party service providers and administrators;

 (c) compliance by the Corporation with any regulatory reporting and withholding requirements relating to
the Executive’s employment; 
 (d) in the event of a sale or transfer of all or part of the shares or assets of the Corporation,
disclosing to any potential acquiring organization the Executive’s personal information solely for the purposes of determining the value of the Corporation and its assets and liabilities and to evaluate the Executive’s position in the
Corporation. If the Executive’s personal information is disclosed to any potential acquiring organization, the Corporation will require the potential acquiring organization to agree to protect the privacy of the Executive’s personal
information in a manner that is consistent with any policy of the Corporation dealing with privacy that may be in effect from time to time and/or any applicable law that may be in effect from time to time; 
 (e) compliance by the Corporation of its obligations to report improper or illegal conduct by any of its directors, officers, employees or agents under
any applicable securities, criminal or other law; and 
 (f) monitoring the Executive’s access to the Corporation’s electronic media
services in order to ensure that the use of such services is in compliance with the Corporation’s policies and procedures and is not in violation of any applicable laws. 
 If the Executive’s specific consent to the collection, use or disclosure of his personal information is required in the future, the Executive hereby
agrees to provide such consent, and if the Executive refuses to provide or withdraws his consent, the Executive acknowledges that his employment and/or his entitlement to certain employment benefits may be negatively affected. 
  

	30.	ENTIRE AGREEMENT 

 This Agreement constitutes the
entire agreement and understanding between the parties with respect to the subject matter hereof and supersedes all prior agreements and understandings, written or oral, among the parties relating to such subject matter, including any other
employment agreement made between the Corporation and the Executive. 
  

	31.	ARBITRATION 

 If there is a disagreement or dispute
between the parties with respect to this Agreement or the interpretation thereof, such disagreement or dispute will be referred to binding arbitration to be conducted by a single arbitrator, if Executive and the Corporation agree upon one, otherwise
by three arbitrators appointed as hereinafter set out, pursuant to the provisions of the Arbitrations Act 1991 (Ontario) and any amendments thereto. A party who wishes to arbitrate shall give written notice of such intention to the other
party (a “Notice of Intention”). The arbitrator shall be appointed by agreement by agreement of 

 
Executive and the Corporation or, in default of agreement within ten (10) Business Days of service of the Notice of Intention, each of Executive and the
Corporation shall within five (5) Business Days of the expiry of the aforesaid ten (10) Business Day period, select one arbitrator and notify the other of its selection, with the third arbitrator to be chosen by the first two named
arbitrators within five (5) Business Days of the expiry of the aforesaid five (5) Business Day period. If one of the parties does not so notify the other of its selection within the prescribed time, then the arbitrator selected by the
other party in accordance with the above procedure shall be the sole arbitrator. The arbitration shall be held in the City of Toronto. The procedure to be followed shall be as agreed by the parties or, in default of agreement, determined by the
arbitrator(s), provided, however, that depositions or examinations for discovery will not be allowed but information may be exchanged by other means. The parties will use their best efforts to ensure that the arbitration hearing is conducted no
later than sixty (60) days after the arbitrator is, or arbitrators are, selected. The final decision of the arbitrator or arbitrators or any two of the three arbitrators will be furnished to the parties in writing and will constitute a
conclusive determination of the issue in question, binding upon the parties, without right of appeal. The fees and expenses of the arbitration shall be in the discretion of the arbitrator(s). Judgment upon the award may be entered in any court of
competent jurisdiction. 
  

	32.	NO CONFLICTING OBLIGATIONS 

 The Executive
represents and warrants that none of the negotiation, entering into or performance of this Agreement has resulted in or may result in a breach by the Executive of any agreement, duty or other obligation with or to any Person, including, without
limitation, any agreement, duty or obligation not to compete with any Person or to keep confidential the confidential information of any Person, and there exists no agreement, duty or other obligation binding upon the Executive that conflicts with
the Executive’s obligations under this Agreement. The Executive agrees to indemnify and hold the Corporation, its officers, directors, employees, agents and consultants harmless against any and all claims, liabilities, damages or costs incurred
by any of them by reason of an alleged violation by the Executive of the representations contained in this Section. 
 IN WITNESS
WHEREOF the parties hereto have executed this agreement as of the date first above written. 
  

									
		 		 	OPEN TEXT CORPORATION
				
		 		 	Per:	 	  
		 		 		 		 	Authorized Signing Officer
	 SIGNED, SEALED AND DELIVERED
 in
the presence of:
	 	  
 )
	 	
		 		 	 )
	 		 	
		 		 	 )
	 		 	  
		 		 		 		 	KIRK ROBERTS

 SCHEDULE “A” 
 Remuneration – Benefits 
 Schedule “A” to the Employment Agreement made as
of the 30 day of June, 2006, by and between Open Text Corporation (the “Corporation”) and KIRK ROBERTS (the “Executive”). 
 Benefits to be enjoyed by the Executive during the term of this Agreement shall include: 
  

	 	(i)	reimbursement of reasonable cell phone expenses consistent with corporate policy; 

  

	 	(ii)	each fiscal year you will be entitled to a $5,500 CDN perquisite allowance which may be used for reimbursement of the following types of services or fees: 

 

	 	•	 	Financial planning 

  

	 	•	 	Tax planning 

  

	 	•	 	Estate planning 

  

	 	•	 	Athletic/Health Club 

  

	 	(iii)	the services of Medisys Health Group Inc. have been retained to provide mandatory and regular Health Examinations to our senior executive team. 

 SCHEDULE “B” 
 CONFIDENTIALITY, NON-SOLICITATION AND NON-COMPETITION 
 AGREEMENT

 See attached. 

 Exhibit 1 
 Length of Service vs. Severance Payment 
  

			
	 Column “A”
	  	 Column “B”

	 Length of Service
	  	 Severance Payments

	Less than 10 years	  	6 months
	Greater than or equal to 10 years	  	12 months*

  

	*	In the event that the severance period required by applicable Canadian statutory law, at the time that the Executive’s employment is terminated (the “Statutory Severance
Period”), exceeds the months indicated in Column “B” above for the applicable years of service for the Executive as stated in Column “A”, then the months in Column “B” in the chart shall be increased
to equal the Statutory Severance Period.EMPLOYMENT AGREEMENT BETWEEN TONY PRESTON AND THE COMPANY

 Exhibit 10.23 
 EMPLOYMENT AGREEMENT 
 THIS AGREEMENT made as of the 30th day of June, 2006 
 (the “Effective Date”) 
 AMONG

 OPEN TEXT, INC. 
 a
corporation incorporated under the laws of 
 the State of Illinois (hereinafter referred to as 
 the “Corporation”) 
 OF THE FIRST
PART 
 - and - 
 TONY K.
PRESTON, 
 a resident of the State of Illinois, 
 (hereinafter referred to as the “Executive”) 
 OF THE SECOND PART 
 WHEREAS the Corporation is a wholly-owned subsidiary of Open Text Corporation, a corporation amalgamated under the laws of Ontario, Canada (hereinafter “Open
Text Corporation”); 
 WHEREAS the Executive has agreed to enter into and deliver this Agreement in consideration of receiving certain additional
benefits and other additional compensation as provided for pursuant to the terms of this Agreement; 
 NOW THEREFORE THIS AGREEMENT WITNESSES that in
consideration of the mutual covenants and agreements herein contained and for other good and valuable consideration, the parties agree as follows: 
  

	1.	DEFINITIONS 

 For the purposes of this Agreement,
the following terms shall have the following meanings, respectively: 
  

	 	a.	“Affiliate” means, with respect to any Person, any other Person that directly or indirectly through one or more intermediaries, controls or is controlled by, or is
under common control with, the Person specified. For the purposes of this definition and Agreement, the term “Control” means the possession, direct or indirect, of the power to direct or cause the direction of the management and
policies of a Person, whether through the ownership of voting securities, by contract or otherwise; 

	 	b.	“Agreement” means this Employment Agreement as may be amended or supplemented from time to time, including any and all schedules annexed hereto;

  

	 	c.	“Annual Base Salary” has the meaning ascribed to that term in Section 6(a) hereof; 

  

	 	d.	“Board of Directors” means the board of directors of Open Text Corporation as may be constituted from time to time, and “Directors” means the
directors of Open Text Corporation; 

  

	 	e.	“Change of Control” means either of the following events: 

  

	 	i.	the sale of all or substantially all of the assets of Open Text Corporation; or 

  

	 	ii.	any transaction whereby any person, together with Affiliates and Associates of such person, or any group of persons acting in concert (collectively, “Acquiror” or
“Acquirors”), acquires beneficial ownership of more than 50% of the issued common shares of Open Text Corporation on a fully diluted basis, or any transaction as a result of which beneficial ownership of common shares constituting more
than 50% in the aggregate of the issued common shares of Open Text Corporation on a fully diluted basis cease to be held by persons who are shareholders of Open Text Corporation as at the date hereof or by Affiliates or Associates of such present
shareholders; 

 (for the purposes of this definition and this Agreement, the terms “Associate,”
“group,” and “beneficial ownership” shall have the meanings ascribed thereto under Rule 14a-1(a) of the General Rules of the Exchange Act, Section 14(d)(2) of the Exchange Act, and Rule 13d-3 of the General Rules
of the Exchange Act, respectively); 
  

	 	f.	“Compensation Committee” means the compensation committee of the Board of Directors of Open Text Corporation as may be constituted from time to time;

	 	g.	“Date of Termination” shall mean the date of termination of the Executive’s employment, whether by death of the Executive, by the Executive or by the
Corporation pursuant to the terms of this Agreement; 

  

	 	h.	“Disability” has the meaning ascribed to that term in Section 12(b) hereof; 

  

	 	i.	“Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time; 

  

	 	j.	“Incumbent Director” shall mean any member of the Board of Directors who was a member of the Board of Directors immediately prior to a Change of Control and any
successor to an Incumbent Director who was recommended or appointed to succeed any Incumbent Director by the affirmative vote of the Directors when that affirmative vote includes the affirmative vote of a majority of the Incumbent Directors then on
the Board of Directors; 

  

	 	k.	“Just Cause” shall mean: 

  

	 	i.	the failure by the Executive to perform his duties according to the terms of his employment or in a manner satisfactory to the Board of Directors (other than those (A) that
follow a demotion in his position or duties or (B) resulting from the Executive’s Disability) after the Corporation has given the Executive reasonable notice of such failure and a reasonable opportunity to correct it;

  

	 	ii.	the engaging by the Executive in any act that is materially injurious to the Corporation, monetarily or otherwise, but not including, following a Change of Control, the expression
of opinions contrary to those directors of the Corporation who are not Incumbent Directors or those of the Acquirors; 

  

	 	iii.	the engaging by the Executive in any illegal conduct or any act of dishonesty resulting or intended to result directly or indirectly in personal gain of the Executive at the
Corporation’s expense, including the failure by the Executive to honor his fiduciary duties to the Corporation and his duty to act in the best interests of the Corporation; 

  

	 	iv.	the failure by the Executive to comply with the provisions of Section 12(d) where the Executive elects to terminate his employment with the Corporation unless notice of such
termination of employment is properly given in accordance with the terms of Section 15(b) hereof; 

	 	v.	the failure of the Executive to abide by the terms of any resolution passed by the Board of Directors; or 

  

	 	vi.	the failure by the Executive to abide by the policies, procedures and codes of conduct of Open Text Corporation and the Corporation. 

  

	 	l.	“Person” or “persons” includes an individual, sole proprietorship, partnership, unincorporated association, unincorporated syndicate,
unincorporated organization, trust, body corporate, and a natural person in his capacity as trustee, executor, administrator or other legal representative; 

  

	 	m.	“Parachute Event” means the occurrence of the following without the Executive’s written consent (except in connection with the termination of the employment of
the Executive for Just Cause or Disability or termination of the Executive’s employment because of the death of the Executive): 

  

	 	i.	a material change (other than those that are consistent with a promotion) in the Executive’s position or duties, responsibilities, title or office in effect immediately prior
to the Change of Control (except for a change in any position or duties as a director of the Corporation), which includes any removal of the Executive from or any failure to re-elect or re-appoint the Executive to any such positions or offices.

  

	 	ii.	a material reduction by the Corporation or any of its subsidiaries of the Executive’s salary, benefits or any other form of remuneration payable by the Corporation or its
subsidiaries; or 

  

	 	iii.	any material failure by the Corporation or its subsidiaries to provide any benefit, bonus, profit sharing, incentive, remuneration or compensation plan, stock ownership or purchase
plan, pension plan or retirement plan in which the Executive is participating or entitled to participate immediately prior to a Change of Control, or the Corporation or its subsidiaries taking any action or failing to take any action that would
materially adversely affect the Executive’s participation in or materially reduce his rights or benefits under or pursuant to any such plan; 

  

	 	iv.	any other material breach by the Corporation of this Agreement; 

  

	 	n.	“Voluntary Termination” means the termination of the Executive’s employment with the Corporation by the Executive at his discretion in accordance with the
provisions of Section 12(d) of this Agreement. 

  

	2.	INTENTIONALLY DELETED 

	3.	TERM 

 The initial term of this Agreement shall be
one (1) year commencing on the Effective Date of this Agreement (“Initial Term”), subject to earlier termination as provided for in this Agreement. At the end of the Initial Term and each subsequent year thereafter, this
Agreement shall be deemed to be extended automatically for an additional one-year term on the same terms and conditions unless either party gives contrary written notice to the other party no less than three (3) months prior to the date on
which this Agreement would otherwise be extended. 
  

	4.	DUTIES 

 The Executive is engaged and agrees to
perform services for and on behalf of the Corporation as its Senior Vice President, Global Human Resources or in such other capacity to which the Executive may be assigned by the Corporation from time to time. The Executive shall perform such
duties and exercise such powers pertaining to the management and operation of the Corporation and any subsidiaries and Affiliates of the Corporation as may be determined from time to time by the Chief Executive Officer (“CEO”) and
the Reporting Manager (as defined below) consistent with the office of the Executive. The Executive shall: 
  

	 	a.	devote his full time, attention, and best efforts to the business, affairs, and goodwill of the Corporation; 

  

	 	b.	perform those duties that may be assigned to the Executive diligently and faithfully to the best of the Executive’s abilities and in the best interests of the Corporation; and

  

	 	c.	use his best efforts to promote the interest and goodwill of the Corporation. 

  

	5.	REPORTING PROCEDURES 

 The Executive shall report to
the Chief Executive Officer. The Executive shall report fully on the management, operations, and business affairs of the Corporation and advise to the best of his ability and in accordance with business standards on business matters that may arise
from time to time during the term of this Agreement. 
  

	6.	REMUNERATION AND BENEFITS 

  

	 	a.	 The Corporation shall pay to the Executive as compensation for his services provided hereunder an annual base salary (“Annual Base Salary”) for
each year of the term of this Agreement, which shall be determined by the Reporting Manager and the CEO (and the Compensation Committee, as may 

	 	 
be required) and set out in a separate document, subject to the provisions of Section 8, and which shall be exclusive of bonuses, benefits and other
compensation as provided for herein. The Annual Base Salary shall be payable in accordance with the Corporation’s regular payroll practices for senior executives or in such other manner as may be mutually agreed upon, less, in any case, all
applicable deductions or withholdings as required by law. As of the date of this Agreement, the Annual Base Salary is USD $215,000.00. 

  

	 	b.	The Corporation shall provide the Executive with employee benefits comparable to those provided by the Corporation from time to time to other senior executives of the Corporation.
Benefits to be enjoyed by the Executive during the term of this Agreement shall include, but not be limited to, those benefits set forth in Schedule “A”, as amended from time to time, and shall include reimbursement of any properly
incurred expenses as provided for in Section 11 hereof. 

  

	7.	ANNUAL PERFORMANCE BONUS 

 In addition to the
Executive’s Annual Base Salary, the Executive may be awarded an additional bonus (the “Performance Bonus”), which shall be based upon performance goals approved by the CEO (and the Compensation Committee, as may be required)
from time to time and set forth in a separate document. Any changes respecting the amount or other terms of the Performance Bonus payable to the Executive must be approved by the CEO (and if required, the Board of Directors). As of the date of this
Agreement, the Performance Bonus target is USD $50,000. 
  

	8.	SALARY AND/OR BONUS ADJUSTMENTS 

 Other than as
herein provided, there shall be no cost-of-living increase or merit increase in the Annual Base Salary or increases in any bonuses payable to the Executive unless approved by the CEO. The CEO shall review annually the Annual Base Salary and all
other compensation to be received by the Executive under this Agreement. 
  

	9.	OPTIONS 

 The Corporation shall permit the Executive
to participate in any share option plan, share purchase plan, retirement plan or similar plan offered by the Corporation from time to time to its senior executives in the manner and to the extent authorized by the Compensation Committee. The
Compensation Committee may, in its absolute discretion, grant additional options, subject to approval by the Board of Directors, and it may review the advisability of additional option grants for the Executive. 

	10.	VACATION 

 The Executive shall be entitled to twenty
(20) days paid vacation per fiscal year of the Corporation at a time approved in advance by the CEO, which approval shall not be unreasonably withheld but shall take into account the staffing requirements of the Corporation and the need for the
timely performance of the Executive’s responsibilities. Any vacation entitlement hereunder shall be subject to the Corporation’s policy respecting same in effect from time to time. 
  

	11.	EXPENSES 

 Subject to the terms of this section, the
Executive shall be reimbursed for all reasonable travel and other out-of-pocket expenses actually and properly incurred by the Executive from time to time in connection with carrying out his duties hereunder. Determination of whether expenses are
reasonable or not shall be made by the CEO. For all such expenses the Executive shall furnish to the Corporation originals of all invoices or statements in respect of which the Executive seeks reimbursement. 
  

	12.	TERMINATION 

  

	 	a.	For Just Cause 

 The Corporation may immediately
terminate the employment of the Executive for Just Cause without notice or any payment in lieu of notice, and for purposes of greater certainty, the Corporation shall have no obligation to make any payments to the Executive on account of severance
or bonuses or partial bonuses or any other amounts except as expressly stipulated in Section 13(a) hereof. 
  

	 	b.	For Disability 

  

	 	i.	This Agreement may be immediately terminated by the Corporation by notice to the Executive if the Executive is determined to suffer from disability (hereinafter referred to as
“Disability”). The Executive shall be deemed to suffer from Disability if in any year during the employment period, because of ill health, physical or mental disability, or for other causes beyond the control of the Executive, the
Executive has been continuously unable or unwilling or has failed to perform the Executive’s duties for 120 consecutive days, or if, during any year of the employment period, the Executive has been unable or unwilling or has failed to perform
his duties for a total of 180 days, consecutive or not. The CEO, acting reasonably (subject to Section 33 below), shall finally determine if the Executive is suffering from ill health, physical or mental disability or other causes beyond his
control during the time periods as hereinbefore set forth in the event of any dispute between the Executive and the Corporation concerning the occurrence of Disability for purposes of this Section. 

	 	ii.	Notwithstanding any short term or long term corporate benefits or insurance policies relating to disability maintained by the Corporation at the relevant time, if during any period
of ill health, physical or mental disability or for other causes beyond the control of the Executive, the Executive has been continuously unable or unwilling or has failed to perform the Executive’s duties less than 120 consecutive days (the
“Short-Term Illness”), the Executive shall continue to receive all amounts of remuneration and benefits otherwise payable to and enjoyed by the Executive under this Agreement less any and all amounts received by and/or payable to the
Executive in connection with benefits paid and/or payable as a result of such Short-Term Illness. 

  

	 	iii.	Upon termination of this Agreement as a result of Disability, the Corporation shall pay to the Executive the severance payment provided for in Subsection 13(b) hereof less any and
all amounts received by and/or payable to the Executive in connection with benefits paid and/or payable as a result of the Disability. 

  

	 	iv.	The term “any year of the employment period” means any period of 12 consecutive months during the employment period. 

  

	 	c.	For Death 

 This Agreement shall terminate
immediately, without notice or any payment in lieu thereof, upon the death of the Executive. 
  

	 	d.	Voluntary Termination by Executive 

 If the
Executive is desirous of voluntarily terminating his employment with the Corporation at any time during the Agreement or in accordance with the terms for non-renewal under Section 3 hereof, the Executive agrees to give the Corporation 3 months
advance written notice of such termination and further agrees that he shall not be entitled to any payment on account of severance under Section 13(b) hereof. The Reporting Manager or the CEO may waive such notice in writing after consulting
with the Board of Directors, in their sole and absolute discretion, in which case the Executive’s employment shall be deemed to terminate immediately, provided the Executive shall still be entitled to compensation due on account of Annual Base
Salary and benefits earned up to the last date of the 3 month advance written notice period given by the Executive and any Performance Bonus earned and prorated during such 3 month notice period. Provided that the Executive gives the 3 month notice
as required hereunder, any unvested options which would have otherwise vested during such advance written notice period shall be permitted to continue to 

 
vest during such period. The Executive shall have the right to exercise any options which are vested as at the Date of Termination for the period which is 90
days following such Date of Termination (the “90 Day Period”). For purposes of this Section 12(d), the term “Date of Termination” shall mean the actual day on which the Executive ceases to be employed plus the remainder of
the 3 month notice period if and to the extent waived by the Reporting Manager or the CEO in consultation with the Board of Directors. Any termination properly given under Section 15(b) hereof and in accordance with the terms thereof shall not
be considered a voluntary termination under this Section 12(d). 
  

	 	e.	Termination by Corporation Other than For Just Cause, Disability or Death 

 The Corporation may terminate the employment of the Executive for any reason other than Just Cause, Disability or death of the Executive, notwithstanding any other provision of this Agreement, upon compliance with the
terms of Section 13(b) hereof. In the event of non-renewal of this Agreement by the Corporation in accordance with Section 3 hereof, the Corporation shall comply with the terms of Section 13(b) hereof. 
  

	13.	SEVERANCE PAYMENTS 

  

	 	a.	Upon termination of the Executive’s employment for Just Cause, the Executive shall not be entitled to any severance or other payment other than Annual Base Salary earned by the
Executive before the Date of Termination calculated pro rata up to and including the Date of Termination and all outstanding and accrued vacation pay to the Date of Termination. Upon termination of the Executive’s employment: (i) for
death; or (ii) by the voluntary termination of employment by the Executive pursuant to Section 12(d) hereof, the Executive shall not be entitled to any severance or other payment other than Annual Base Salary and any Performance Bonus
earned by the Executive before the Date of Termination calculated pro rata up to and including the Date of Termination (which under Section 12(d) shall be as defined therein) and all outstanding and accrued vacation pay to the Date of
Termination. 

 Notwithstanding the foregoing, the Executive shall not be entitled to any Performance Bonus earned by the
Executive before the Date of Termination unless the Executive gives the Corporation the advanced written notice required by Section 12(d) hereof. 
  

	 	b.	If the Executive’s employment is terminated by the Corporation for any other reason other than the reasons set forth in Section 12(a) the Executive shall be entitled to an
amount equal to the total of: 

  

	 	(i)	All outstanding base salary earned before the Date of Termination, less any amounts that the Executive received in connection with benefits paid or payable as a result of Disability
if applicable; 

	 	(ii)	Any Performance Bonus which has been earned by the Executive before the Date of Termination calculated on a pro rata basis based on the number of months in the current bonus period
up to and including the Date of Termination ((pro rata Performance Bonus = annual Performance Bonus target / 12) x the number of months in the then-current bonus period up to and including the Date of Termination); 

  

	 	(iii)	Additional payments based on the Executive’s length of service with the Company, calculated as Executive’s monthly base salary for the number of months set forth in the
chart on Exhibit 1, less any amounts received by and/or payable to Executive in connection with benefits paid or payable as a result of the Disability if applicable (for purposes of this section 12.b.(iii), Executive’s service start date is
October 1, 2005); 

  

	 	(iv)	An amount equal to 1/12 of the Performance Bonus payments earned by Executive during the bonus year preceding the current bonus year times the number of months referred to in the
chart on Exhibit 1, based on Executive’s length of service with the Company. 

  

	 	(v)	All outstanding and accrued vacation pay; 

  

	 	(vi)	All properly incurred and reasonable business expenses owing to Executive as of the Date of Termination; and 

  

	 	(vii)	Executive’s benefits provided for in Section 6(b) shall continue only through the Date of Termination. If Executive elects to continue his health and dental insurance
coverage pursuant to COBRA, reimbursement for the COBRA premiums for Executive and his dependents for the number of months corresponding to the months of Executive’s severance payments as set forth in the chart on Exhibit 1.

 Any amounts due under Sections 3(c)(iii), 3(c)(iv) and 3(c)(vii) hereunder shall be paid by the Company to Executive on a
monthly basis commencing 30 days following the Date of Termination and not in a lump sum. All salary, Performance Bonus, vacation and severance payments and COBRA reimbursements will be subject to applicable state and federal taxes and FICA
withholding. 

	 	c.	Except as expressly stipulated in Sections 12(d) or 15 hereof or in this Section 13(c), any options which have not vested as of the Date of Termination (being in the case where
the Corporation gives notice, the date specified by the Corporation as the date on which the Executive’s employment will terminate) shall terminate and be of no further force and effect as of the Date of Termination and neither any period of
notice nor any payment in lieu thereof upon termination of employment hereunder shall be considered as extending the period of employment for the purposes of vesting of options notwithstanding anything to the contrary in any other agreement between
the Corporation and the Executive. Notwithstanding anything contained in this Section 13, in the event of termination by the Corporation other than for Just Cause, the Executive shall have the right to exercise any options which are vested as
at the Date of Termination for the 90 Day Period as defined in Section 12(d). Any unvested options which would have otherwise vested during such 90 Day Period shall continue to vest during that period and to the extent any unvested options have
vested during such 90 Day Period, the Executive shall also be entitled to exercise those options within a rolling 90 day period after the date of vesting of such options, which period will not exceed 180 days following the Date of Termination. In
addition, notwithstanding anything contained in this Section 13 or elsewhere in this Agreement, in the event of termination due to death of the Executive, the estate of the Executive shall be entitled, at any time during the period which is 12
months following the date of death of the Executive (the “12 Month Period”), to exercise any options which have vested as at the date of death of the Executive. In addition, any unvested options which would have otherwise vested during
such 12 Month Period shall continue to vest during that period and to the extent of any unvested options have vested during such period, the Executive’s estate shall be entitled to exercise those options within a period which starts on the day
of vesting and ends 12 months from the date of death of the Executive. 

 For purposes of greater certainty, if the Executive is
terminated for Just Cause, Death or if the Executive’s employment hereunder is terminated by the Executive pursuant to Section 12(d) then no payment whatsoever shall be made to the Executive under Sections 13(b). 
  

	14.	NO FURTHER ENTITLEMENTS 

 Except as expressly
provided in Sections 12 and 13 above and Section 15 below, where the Executive’s employment has been terminated by the Executive or terminated or deemed to have been terminated by the Corporation for any reason, the Executive will not be
entitled to receive any further payments, in lieu of notice or as damages for any reason whatsoever. Except as to any entitlement as expressly provided in this Agreement, the Executive hereby waives any claims the Executive may have against the
Corporation for or in 

 
respect of termination pay, severance pay, or on account of loss of office or employment or notice in lieu thereof. 
  

	15.	OPTION ACCELERATION AND SEVERANCE PAYMENTS ON CHANGE OF CONTROL 

  

	 	a.	Termination by the Corporation 

 If the
Executive’s employment is terminated by the Corporation upon the giving of written notice of such termination to the Executive at any time within the 6 month period following a Change of Control (other than for Just Cause, Disability or Death),
then the Executive shall be entitled to the following: 
  

	 	i.	such payments on account of severance as provided for under Section 13(b) of this Agreement; and 

  

	 	ii.	notwithstanding anything to the contrary in Section 13 hereof or in this Agreement, all options granted by the Corporation to the Executive shall, following the giving of any
notice by the Corporation under this Section 15(a), be deemed to vest immediately and shall be exercisable by the Executive for a period of 90 days following the giving of such notice by the Corporation hereunder. 

  

	 	b.	Termination by Executive 

 If the Executive’s employment is
terminated by the Executive upon the giving of written notice of such termination to the Corporation within the 6 month period following a Change of Control, and within 60 days following the occurrence of a Parachute Event, which shall be described
in detail by the Executive in the written notice of termination given to the Corporation, the Executive shall be entitled to the following: 
  

	 	i.	such payments on account of severance as provided for under Section 13(b) of this Agreement; 

  

	 	ii.	notwithstanding anything to the contrary in Section 13 hereof or in this Agreement, all options granted by the Corporation to the Executive shall, following the giving of
proper notice by the Executive, under this Section 15(b), be deemed to vest immediately and shall be exercisable by the Executive for a period of 90 days following the giving of such notice. 

	16.	DISCLOSURE 

 During the employment period, the
Executive shall promptly disclose to the Reporting Manager full information concerning any interest, direct or indirect, of the Executive (as owner, shareholder, partner, lender or other investor, director, officer, employee, consultant or
otherwise) or any member of his family in any business that is reasonably known to the Executive to purchase or otherwise obtain services or products from, or to sell or otherwise provide services or products to, the Corporation or to any of its
suppliers or customers. 
  

	17.	NON-COMPETITION/NON-SOLICITATION/PROPRIETARY RIGHTS AGREEMENT 

 The Executive agrees to execute contemporaneously with his execution of this Agreement the confidentiality, non-solicitation, non-competition and inventions/proprietary rights agreement in substantially the form
annexed hereto as Schedule “B”. 
  

	18.	RETURN OF MATERIALS 

 All files, forms, brochures,
books, materials, written correspondence, memoranda, documents, manuals, computer disks, software products and lists (including lists of customers, suppliers, products and prices) pertaining to the business of the Corporation or any of its
subsidiaries, Affiliates, and Associates that may come into the possession or control of the Executive shall at all times remain the property of the Corporation or such subsidiary, Affiliate or Associate, as the case may be. On termination of the
Executive’s employment for any reason, the Executive agrees to deliver promptly to the Corporation all such property of the Corporation in the possession of the Executive or directly or indirectly under the control of the Executive. The
Executive agrees not to make for his personal or business use or that of any other party, reproductions or copies of any such property or other property of the Corporation. 
  

	19.	GOVERNING LAW 

 This agreement shall be governed by
and construed in accordance with the laws of the State of Illinois. 

	20.	SEVERABILITY 

 If any provision of this Agreement,
including the breadth or scope of such provision, shall be held by any court of competent jurisdiction to be invalid or unenforceable, in whole or in part, including the Schedules attached hereto and incorporated by reference, such invalidity or
unenforceability shall not affect the validity or enforceability of the remaining provisions, or part thereof, of this Agreement and such remaining provisions, or part thereof, shall remain enforceable and binding. 
  

	21.	ENFORCEABILITY 

 The Executive hereby confirms and
agrees that the covenants and restrictions pertaining to the Executive contained in this Agreement, are reasonable and valid and hereby further acknowledges and agrees that the Corporation would suffer irreparable injury in the event of any breach
by the Executive of his obligations under any such covenant or restriction. Accordingly, the Executive hereby acknowledges and agrees that damages would be an inadequate remedy at law in connection with any such breach and that the Corporation shall
therefore be entitled in lieu of any action for damages, temporary and permanent injunctive relief enjoining and restraining the Executive from any such breach. 
  

	22.	ASSIGNMENT OF AGREEMENT 

 The Executive may not
assign, pledge or encumber the Executive’s interest in this agreement nor assign any of the rights or duties of the Executive under this agreement without the prior written consent of the Corporation. This Agreement may be freely assigned by
the Corporation to a purchaser of all or substantially all of the assets of the Corporation, a subsidiary of the Corporation, a division of the Corporation or the Affiliates or Associates of the Corporation, as long as the purchaser/assignee
expressly agrees in writing to assume the obligations of the Corporation under this Agreement. 
  

	23.	SUCCESSORS 

 This agreement shall be binding on and
enure to the benefit of the successors and assigns of the Corporation and the heirs, executors, personal legal representatives and permitted assigns of the Executive. 
  

	24.	NOTICES 

 Any notice or other communication required
or permitted to be given hereunder shall be in writing and either delivered by hand or mailed by prepaid registered mail. At any time other than during a general discontinuance of postal service due to strike, lock-out or otherwise, a notice so
mailed shall be deemed to have been received three business days after the postmarked date thereof or, if delivered by hand, shall be deemed to have been received at the time it is delivered. If there is a general discontinuance of postal service
due to strike, lock-out or otherwise, a notice sent by prepaid registered mail shall be deemed to have been 

 
received three business days after the resumption of postal service. Notices shall be addressed as follows: 
  

	 	i.	If to the Corporation: 

 c/o Open Text Corporation

 275 Frank Tompa Drive 
 Waterloo, Ontario 
 Canada N2L 0A1 
  

	 	ii.	If to the Executive: 

 Tony K. Preston 
 14637 Crystal Tree Drive 
 Orland Park, IL
60462 
  

	25.	LEGAL ADVICE 

 The Executive hereby represents and
warrants to the Corporation and acknowledges and agrees that he had the opportunity to seek and was not prevented nor discouraged by the Corporation from seeking independent legal advice prior to the execution and delivery of this agreement and
that, in the event that he did not avail himself of that opportunity prior to signing this agreement, he did so voluntarily without any undue pressure and agrees that his failure to obtain independent legal advice shall not be used by him as a
defense to the enforcement of his obligations under this agreement. 
  

	26.	RESIGNATION OF DIRECTORSHIPS, ETC. 

 The Executive
agrees that after termination of his employment, he will, at the request of the CEO or the Reporting Manager, tender his resignation from any position he may hold as an officer or director of the Corporation or any of its subsidiaries, Affiliates or
Associates, and the Executive further covenants and agrees, if so requested by the CEO or the Reporting Manager, not to stand for re-election to any office of the Corporation or any of its subsidiaries, Affiliates or Associates at any time following
termination of the Executive’s employment hereunder. 

	27.	NO DEROGATION 

 Nothing herein derogates from any
rights the Executive may have under applicable law, except as set out in this section. The parties agree that the rights, entitlements and benefits set out in this Agreement to be paid to the Executive are in full satisfaction of any rights or
entitlements the Executive may have as against the subsidiaries, Affiliates and Associates of the Corporation as a result of the termination of his employment with such subsidiaries, Affiliates or Associates. 
  

	28.	CURRENCY 

 All dollars referenced herein are in
United States dollars unless expressly provided to the contrary. 
  

	29.	WITHHOLDING 

 The Corporation shall have the right
to withhold from any and all payments required to be made to the Executive pursuant to this Agreement all federal, state, local, and/or other taxes which the Corporation determines are required to be withheld in accordance with applicable statutes
or regulations. 
  

	30.	NON-DISPARAGEMENT 

 The Executive covenants and
agrees that he shall not engage in any pattern of conduct that involves the making or publishing of written or oral statements or remarks (including, without limitation, the repetition or distribution of derogatory rumors, allegations, negative
reports or comments) which are disparaging, deleterious or damaging to the integrity, reputation or goodwill of the Corporation, its subsidiaries, Affiliates or Associates or its and their management. 
  

	31.	PRIVACY 

  

	 	a.	The Executive acknowledges and agrees that the Corporation may collect, use and disclose his personal information for purposes relating to his employment with the Corporation. The
purposes of such collection, use and disclosure include, but are not limited to: 

  

	 	i.	ensuring that the Executive is paid for his services to the Corporation which includes disclosure to third party payroll providers; 

  

	 	ii.	administering and/or facilitating the provision of any benefits to which the Executive is or may become entitled to, including bonuses, medical, dental, disability and life
insurance benefits, pension, group RRSP and/or stock options. This shall include the disclosure of the Executive’s personal information to the Corporation’s third party service providers and administrators; 

	 	iii.	compliance by the Corporation with any regulatory reporting and withholding requirements relating to the Executive’s employment; 

  

	 	iv.	in the event of a sale or transfer of all or part of the shares or assets of the Corporation or its subsidiaries or Affiliates, disclosing to any potential acquiring organization
the Executive’s personal information solely for the purposes of determining the value of the Corporation and its assets and liabilities and to evaluate the Executive’s position in the Corporation. If the Executive’s personal
information is disclosed to any potential acquiring organization, the Corporation will require the potential acquiring organization to agree to protect the privacy of the Executive’s personal information in a manner that is consistent with any
policy of the Corporation dealing with privacy that may be in effect from time to time and/or any applicable law that may be in effect from time to time; 

  

	 	v.	compliance by the Corporation of its obligations to report improper or illegal conduct by any of its directors, officers, employees or agents under any applicable securities,
criminal or other law; and 

  

	 	vi.	monitoring the Executive’s access to the Corporation’s electronic media services in order to ensure that the use of such services is in compliance with the
Corporation’s policies and procedures and is not in violation of any applicable laws. 

  

	 	b.	If the Executive’s specific consent to the collection, use or disclosure of his personal information is required in the future, the Executive hereby agrees to provide such
consent, and if the Executive refuses to provide or withdraws his consent, the Executive acknowledges that his employment and/or his entitlement to certain employment benefits may be negatively affected. 

  

	32.	ENTIRE AGREEMENT 

 This Agreement constitutes the
entire agreement and understanding between the parties with respect to the subject matter hereof and supersedes all prior agreements and understandings, written or oral, among the parties relating to such subject matter, including any other
employment agreement made between the Corporation and the Executive. 
  

	33.	ARBITRATION 

 With the exception of an action to
enforce the restrictive covenants in Schedule B hereof, any dispute arising out of or relating to this Agreement shall be resolved by final and binding arbitration in accordance with the then-current rules of the American Arbitration 

 
Association (“AAA”). The arbitration hearing shall be held in Chicago, Illinois, unless otherwise agreed to by the parties, before a panel of three
arbitrators selected in accordance with the procedures established by the AAA. An action by the Corporation to enforce the restrictive covenants in Schedule B may be filed in a court of competent jurisdiction as provided in Schedule B. 

The party who initiates the arbitration shall pay the filing fees. The Corporation shall bear the fees of the arbitrator and any costs of or assessed
by the arbitrator. Each party shall bear the costs and expenses of its own counsel, technical advisors and expert witnesses, unless the decision of the arbitrator otherwise directs. The decision of the arbitrators shall be tendered within sixty
(60) days of final submission of the parties in writing or any hearing before the arbitrators and shall include their individual votes. Either party may enforce the arbitration award in any court of competent jurisdiction or in the forum
selected in Section 34 below. The parties understand and acknowledge that they are waiving their rights to a jury trial regarding any matters subject to arbitration under this Agreement. 
 Signature of Executive: __________________ 
  

	34.	FORUM SELECTION 

 The parties hereby agree that all
demands, claims, actions, causes of action, suits, proceedings and litigation between or among the parties or arising out of the employment relationship between the Executive and the Corporation not subject to the Arbitration provision in
Section 33 hereof shall be filed, tried and litigated only in a federal or state court located in Chicago, Illinois. In connection with the foregoing, the parties hereto irrevocably consent to the jurisdiction and venue of such court and
expressly waive any claims or defenses of lack of jurisdiction of or proper venue by such court. 
  

	35.	NO CONFLICTING OBLIGATIONS 

 The Executive
represents and warrants that none of the negotiation, entering into or performance of this Agreement has resulted in or may result in a breach by the Executive of any agreement, duty or other obligation with or to any Person, including, without
limitation, any agreement, duty or obligation not to compete with any Person or to keep confidential the confidential information of any Person, and there exists no agreement, duty or other obligation binding upon the Executive that conflicts with
the Executive’s obligations under this Agreement. The Executive agrees to indemnify and hold the Corporation and its subsidiaries and Affiliates, and their officers, directors, employees, agents and consultants harmless against any and all
claims, liabilities, damages or costs incurred by any of them by reason of an alleged violation by the Executive of the representations contained in this Section. 

	36.	NO SET-OFF 

 The existence of any claim, demand,
action or cause of action of the Executive against the Corporation, whether or not based upon this Agreement, will not constitute a defense to the enforcement by the Corporation of any covenant or agreement of the Executive contained herein.

  

	37.	AMENDMENT 

 This Agreement may be amended, modified
or supplemented only by a written agreement executed by each of the parties hereto. 
  

	38.	HEADINGS 

 The headings in this Agreement have been
inserted solely for ease of reference and shall not be considered in the interpretation or construction of this Agreement. 
  

	39.	COUNTERPARTS 

 This Agreement may be executed in any
number of counterparts, each of which shall be an original, but such counterparts shall together constitute one and the same agreement. 
 IN WITNESS WHEREOF the parties hereto have executed this agreement as of the date first above written. 
  

									
		 		 	OPEN TEXT, INC.
				
		 		 	 Per:
	 	  
		 		 		 		 	 Authorized Signing Officer

				
	SIGNED, SEALED AND DELIVERED	 		 		 	
	 in the presence of:
	 		 		 	
		 	)	 		 		 	
		 	)	 		 		 	
		 	)	 		 		 	  
		 	)	 		 		 	Tony K. Preston

 SCHEDULE “A” 
 Remuneration – Benefits 
 Schedule “A” to the Employment Agreement made as
of the 1st day of June, 2006, by and between Open Text, Inc. (the “Corporation”) and Tony K. Preston (the “Executive”). 
 Benefits to be enjoyed by the Executive during the term of this Agreement shall include, but are not limited to: 
  

	 	(i)	reimbursement of reasonable cell phone expenses consistent with corporate policy; 

  

	 	(ii)	a $5,000 perquisite allowance per fiscal year, which may be used for reimbursement of the following types of services or fees: 

  

	 	•	 	Financial planning 

  

	 	•	 	Tax planning 

  

	 	•	 	Estate planning 

  

	 	•	 	Athletic/Health Club 

  

	 	(iii)	the services of Medisys Health Group Inc., for the purposes of obtaining mandatory and regular Health Examinations. 

 SCHEDULE “B” 
 CONFIDENTIALITY, NON-SOLICITATION AND NON-COMPETITION 
 AGREEMENT

 See Attached. 

 Exhibit 1 
 Severance Payment vs. Length of Service 
  

			
	 Length of Service (years)
	  	 Severance Payments in Months

	Less than 10	  	6
	Greater than or equal to 10	  	12

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