Document:

Termination Agreement and Mutual Release

 EXHIBIT 10.3 
 TERMINATION AGREEMENT AND MUTUAL RELEASE 
 AND AMENDMENTS TO EXISTING AGREEMENTS 
 This TERMINATION AGREEMENT AND MUTUAL RELEASE (“Termination Agreement”) is entered into by and between MSC.Software Corporation, a corporation organized
and existing under the laws of Delaware, having its principal offices at 2 MacArthur Place, Santa Ana, California 92707, United States of America (hereafter “MSC”), and Dassault Systemes, a corporation organized and existing under
the laws of France, having its principal offices at 9 quai Marcel Dassault, 93150 Surenes, France (hereafter “DS”) and is effective this 30th day of June, 2005. 
 In consideration of the terms and conditions set forth in this
Termination Agreement and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, MSC and DS hereby agree as follows: 
 1. Purpose. DS and MSC have previously entered into a Frame Agreement (referenced 01050A2001DS) (the “Frame Agreement”), a Gold Software Partner Agreement (referenced 01051A2001DS) and a CAA Solution Provider
Agreeement (referenced 01251A2000DS, (the Gold Software Partner Agreement and the CAA Solution Provider Agreement being hereafter designated the “Development Agreements”). By way of this Termination Agreement, DS and MSC desire to
completely and immediately terminate the Frame Agreement, and acknowledge and agree that, except as otherwise expressly set forth in Section 4 below, neither party shall have any obligation or liability to the other in connection with the Frame
Agreement. In addition, through this Termination Agreement, the Royalty rate under Section 6 of the Development Agreements is amended as set forth in Section 5 below. 
 2. Termination of the Frame Agreement. DS and MSC hereby terminate immediately, for mutual convenience, the Frame Agreement and any amendments thereto. Effective immediately upon execution of this Termination
Agreement, neither party shall have (except as otherwise expressly set forth in Sections 4 and 7 below) any obligation, responsibility, or liability to the other party for any reason whatsoever in connection with the Frame Agreement, including, but
not limited to any development obligation under Article 3 of the Frame Agreement, any royalty obligation for sales of MSC Non V5 Modeler Application Programs as described in Section 5.5 of the Frame Agreement and any and all other past,
present, or future payments, performance, or any other obligations under the Frame Agreement. 
 3. Mutual Release. Effective immediately upon
execution of this Termination Agreement, each party releases and forever discharges the other party and all of its employees, agents, successors, assigns, legal representatives, affiliates, directors and officers from and against any and all
actions, claims, suits, demands, payment obligations or other obligations or liabilities of any nature whatsoever, whether known or unknown, which such party or any of its employees, agents, successors, assigns, legal representatives, affiliates,
directors and officers have had, now have or may in the future have directly or indirectly arising out of (or in connection with) any of the Frame Agreement, including any activities undertaken pursuant to any of the Frame Agreement. 
 4. Termination Fee. In consideration of the termination of the Frame Agreement and the release of all obligations thereunder, MSC shall pay DS a termination fee
(the “Termination Fee”) in the aggregate sum of Two Million Dollars U.S.($2,000,000), payable in two equal installments of One Million Dollars ($1,000,000) due on July 30, 2005 and October 30, 2005 respectively. The Termination
Fee will be paid by wire transfer to the account of DS as specified in Section 7 of the Gold Agreement. 
 5. Amendment of Development
Agreements. Effective as of July 1st, 2005 and to the extent a Royalty (as defined in the Development
Agreements) is due from MSC to DS under the terms of the Development Agreements, such Royalty shall in all cases be adjusted to ten percent (10%) for direct distribution to end users and to fifteen percent (15%) for distribution through
resellers or distributors of Net Revenue, (as defined in the Gold Software Partner Agreement) and this Termination Agreement shall operate as an amendment to each of the Development Agreements for purposes of all future Royalty payments payable
thereunder. 
 6. DS Ownership of MSC Stock. Unless prohibited by applicable state or federal securities law law or regulation MSC hereby consents (on
its behalf but not on behalf of any other party) to DS’s disposition of MSC stock that DS currently owns, at any time from July 1st, 2005, notwithstanding the provisions of section 4 of the Stockholders Agreement reference 00501A2001GRUP. MSC agrees to cooperate actively with DS and use its best efforts to support DS’s efforts to obtain, if deemed
necessary by DS, similar consent from the individuals who signed the said Agreement, all at DS’s cost, if any. 
 7. Communication. Unless
otherwise required by or advisable under applicable law or regulation, neither party shall disclose the termination of the Frame Agreement or terms thereof without the consent of the other party. The parties agree to cooperate on all customer
communications related to this Termination Agreement. 
  

 Page 1 of 2 

 8. General Provisions. 
 a. Entire Agreement. This Termination Agreement is the entire agreement between the parties regarding the subject matter contained herein. It supersedes, and its terms govern, all prior proposals, agreements, or other communications
between the parties, oral or written, regarding the subject matter contained herein. This Termination Agreement shall not be modified or amended unless done so in a writing signed by authorized representatives of both parties. The terms of this
Termination Agreement shall take precedence in the event of any conflict with terms of any other agreement between the parties in relation to the termination of the Frame Agreement. 
 b. Applicable Law. This Termination Agreement shall be interpreted, construed and enforced in all respects in accordance with the laws of the State of New York, without regards to its conflicts of laws
principals. Each party irrevocably consents to the exclusive jurisdiction of the courts of New York, in connection with any action to enforce the provisions of this Termination Agreement or arising under or by reason of this Termination Agreement.

 c Counterparts; Copies. This Agreement may be signed in two counterparts which together will form a single agreement as if both parties had
executed the same document. Signed copies of this Agreement sent via facsimile will be deemed binding to the same extent as original documents. 
 IN WITNESS WHEREOF, the parties hereto have executed this Termination Agreement as of the last date written below. 
  

									
	For DASSAULT SYSTEMES	 		 	For MSC.SOFTWARE CORPORATION
					
	By:	 	 /s/ Thibault de Tersant
	 		 	By:	 	 /s/ John J. Laskey

	Name:	 	Thibault de Tersant	 		 	Name:	 	John J. Laskey
	Title:	 	EVP and CFO	 		 	Title:	 	CFO
	Date:	 	June 30, 2005	 		 	Date:	 	6/30/05

  

 Page 2 of 2First Amendment to Consulting Agreement

 EXHIBIT 10.58 
 FIRST AMENDMENT TO 
 CONSULTING AGREEMENT 
 THIS FIRST AMENDMENT (“First Amendment”) effective as of December 13, 2005 (the “Effective Date”), to the Consulting Agreement
dated June 30, 2005, is entered into by and between MSC.Software Corporation, a Delaware corporation (“MSC”) and Kenneth D. Blakely, an individual (“Blakely”). 
 WHEREAS, Blakely was previously employed as the Vice President of Special Projects for MSC; 
 WHEREAS, Blakely and MSC mutually agreed to terminate Blakely employment relationship with MSC pursuant to an Employment Separation and General Release
Agreement dated June 30, 2005 (the “Separation Agreement”); and 
 WHEREAS, MSC and Blakely thereafter entered into that
certain Consulting Agreement dated June 30, 2005 for the purpose of Blakely rendering consulting services from time to time to MSC (the “Agreement”); and 
 WHEREAS, MSC and Blakely desire to amend the Agreement in order to extend the Consulting Term as that term is defined in the Agreement, from December 31, 2005 through and including March 31, 2006;

 NOW, THEREFORE, in consideration of the covenants contained herein, the above recitals and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 
  

	 	1.	The first sentence of Section I of the Agreement shall be amended so as to read as follows: 

 “I. Engagement. MSC hereby engages Blakely and Blakely hereby accepts such engagement, upon the terms and conditions hereinafter set forth,
for the period commencing July 1, 2005 and ending on March 31, 2006 unless earlier terminated as provided in Section IV herein (such period is referred to as the “Consulting Term”).” 
  

	 	2.	Consistent with the extension of the Consulting Term as referenced above, wherever the Agreement refers to the ending date of December 31, 2005, that date shall be extended
through March 31, 2006. 

 For purposes of clarity, with regard to the 2000 Executive Cash or Stock Bonus Plan (the
“Plan”) under which Blakely has scheduled deferred bonus payments, and consistent with the rules of the Plan and MSC’s policy, Blakely shall be paid any amounts previously awarded under the Plan on or about March 31, 2006,
co-terminus with the end of the Consulting Term, which payments shall not imply a bonus for the year ending December 31, 2005. 
 This
Amendment shall in no way affect the terms of the Separation Agreement between the parties, and any amendments thereto including, without limitation, the treatment of Blakely’s stock options as set forth in Section XI of the Separation
Agreement. 
 Except as expressly modified by this First Amendment, the Agreement shall be and remain in full force and effect in accordance
with its terms, and shall constitute the legal, valid, binding, and enforceable obligations of MSC and Blakely. This First Amendment, including the Agreement and any attachments thereto, is the complete agreement of the parties and supersedes any
prior agreements or representations, whether oral or written, with respect thereto. In the event of a conflict between the terms of this First Amendment and the Agreement, the terms of the First Amendment shall govern as to the subject matter
referenced herein. 

 [Signatures intentionally appear on the following page.] 
 IN WITNESS WHEREOF, the parties have signed this First Amendment on the dates indicated below. 
  

									
	 MSC.Software Corporation
 a Delaware Corporation
	 		 	 Kenneth D. Blakely
 an Individual

					
	By:	 	/s/    WILLIAM J. WEYAND	 		 	 By:
	 	/s/    KENNETH D. BLAKELY
	Name:	 	William J. Weyand	 		 	Name:	 	Kenneth D. Blakely
	Title:	 	Chief Executive Officer	 		 	Title:	 	Blakely
	Date:	 	December 23, 2005	 		 	Date:	 	December 23, 2005

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