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Exhibit 10.10.1  

 
 

FIRST AMENDMENT TO OFFICE LEASE    
    

        This FIRST AMENDMENT TO OFFICE LEASE (this "First Amendment") is executed as of March 31, 2006 (the
"Effective Date") by and between HOUSTON COMMUNITY COLLEGE SYSTEM, a local governmental entity organized pursuant to the Texas Education Code
("Landlord") and PROS REVENUE MANAGEMENT, L.P., a Texas limited partnership, formerly PROS Revenue Management, Inc,
("Tenant"). 

 
 

Introduction    
    

        A.    Landlord
and Tenant entered into that certain Office Lease dated as of January 31, 2001 (the "Original Lease")
covering 73,200 square feet of RSF (as defined in the Original Lease) on floors 9 and 10 of the Building (as defined in the Original Lease) commonly known as the ComTech Center, Houston, Harris
County. Texas, and being described in the Original Lease as the "Premises" after including therein the Subsequent Premises (as defined in the Original
Lease). 

        B.    The
Original Lease is for a term expiring on the Expiration Date (as defined in the Original Lease) and which is currently May 31, 2006. 

        C.    Landlord
and Tenant desire to further amend the Original Lease subject to the specific terms and conditions of this First Amendment, but not otherwise. 

        NOW
THEREFORE, in consideration of the of the mutual covenants and agreements contained herein and for Ten and No/100 Dollars ($10.00) and other good and valuable consideration to each
party, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant, intending to be legally bound, hereby agree as follows: 

        1.    Capitalized Terms.    Capitalized terms that are used herein but not defined in this First Amendment shall have
the meanings given to them in the Original Lease. The term "Lease" as used in this First Amendment shall mean the Original Lease as amended by this
First Amendment. 

        2.    Premises.    Landlord and Tenant acknowledge and agree that the Premises is comprised of "Floor 9" and "Floor
10" of that certain Condominium Declaration for the 3100 Main Condominium recorded under Clerk's File No. W441927 of the Official Public Records of Real Property of Harris County, Texas on
February 20, 2003 (the "Condominium Declaration" and that the Premises consists of 73,200 RSF. 

        3.    Base Rent.    Paragraph 1.D of the Original Lease is
hereby amended to provide that from and after June 1, 2006 Base Rent will be as follows and otherwise Base Rent will remain unchanged: 

	DATE
	 	RATE

	6/1/06 to 5/31/08	 	$14.75/RSF
	6/1/08 to 5/31/09	 	$15.75/RSF
	6/1/09 to 7/31/11	 	$16.50/RSF

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        4.    Rental Abatement.    

        (a)   The
portion of Paragraph 1.D of the Original Lease entitled "RENTAL ABATEMENT" is hereby amended and restated in
its entirety to read as follows: 

 
 

"RENTAL ABATEMENT"    
    

        (1)   Commencing
on June 1, 2006, the Tenant will be entitled to receive a credit as prepaid Base Rent equal to two (2) months of Base Rent (but not Taxes) based
on 65,406 RSF at the $14.75 RSF annual Base Rent rate, to be applied monthly against Base Rent as it becomes due. 

        (2)   Commencing
on June 1, 2006, Tenant will be entitled to receive a credit (the "9th Floor Credit") as prepaid Base
Rent equal to sixteen (16) months of Base Rent based on the 7,794 RSF of the Premises located on the 9th Floor which is not currently built-out and which is depicted on
Exhibit A to this First Amendment (the "9th Floor Credit Space") at the $14.75 RSF annual Base Rent rate; provided,
however, that at such time as Tenant occupies or uses all or any portion of the 9th Floor Credit Space in any manner (excluding Tenant's continued use of the 9th Floor Credit
Space for storage only or the build-out of the 9th Floor Credit Space, but not for any other purposes), the 9th Floor Credit shall no longer be provided to Tenant and Tenant shall
immediately begin paying Base Rent on the 9th Floor Credit Space in accordance with the terms of this Lease. 

        (3)   Commencing
on June 1, 2006, Tenant will be entitled to receive an abatement for the monthly charges for any unreserved Tenant Parking Spaces or for monthly
charges for any Tenant Parking Spaces in the Parking Nest (as defined in Paragraph 4.H), if any. for a period of twenty (20) months (the "Parking
Abatement")." 

        (b)   Tenant
acknowledges that it is not entitled to any credits against Rent or any allowances except (i) as expressly provided in  Section 4(a) and Section 6(b) of this First Amendment and (ii) the Refurbishment
Allowance (as defined below in Section 14 of this First Amendment). 

        5.    Tenant's Pro Rata Share.    Paragraph 1.E of the Original
Lease is hereby amended and restated in its entirety to read as follows: 

        "E.  "Tenant's Pro Rata Share" is equal to the RSF of the Premises divided by the RSF of the Building and currently equals
13.7853%." 

        6.    Base Year.    

        (a)   Paragraph 1.F of the Original Lease is hereby amended and restated in its entirety to read as follows: 

        "Base Year" for Operating Expenses: From the Commencement Date through December 31, 2005, the "Base
Year" for Operating Expenses shall be 2001. Commencing on January 1, 2006 and for the remainder of the Term, the "Base
Year" for Operating Expenses shall be 2006." 

        (b)   Tenant
shall not be liable to Landlord for any Excess Operating Expenses for the calendar year 2006. In the event that Tenant has already paid to Landlord any such sums,
Tenant will be entitled to a credit against Base Rent equal to such Excess Operating Expenses actually paid by Tenant to Landlord from and after the January 1, 2006 and for the calendar year
2006 (the "2006 Operating Expense Overpayment"). Such Base Rent credit shall continue until such time as any 2006 Operating Expense Overpayment actually
paid by Tenant to Landlord shall have been reimbursed to Tenant pursuant to such Base Rent credit. 

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        7.    Term.    Paragraph 1.G of the Original Lease is hereby
amended and restated in its entirety to read as follows: 

        "G.  "Term" The term of this Lease for the Premises shall commence on the Commencement Date and expire on July 31,
2011, unless extended or earlier terminated as permitted pursuant to the express terms hereof." 

        8.    Notice Addresses.    Paragraph 1.L of the Original Lease
is hereby amended and restated in its entirety to read as follows: 

        "L.  "Notice Address": 

	Notices to Tenant shall be sent to Tenant at the Premises	 	 
	

with a copy to Thompson & Knight LLP

333 Clay Street, Suite 3300

Houston, Texas 77002

Attn: Susan A. Stanton	
 	

 
	

Notices to Landlord shall be sent to:	
 	

With a copy to:
	

Houston Community College System

3100 Main Street, 12th Floor

Houston, Texas 77002

Attention: Mark Lambert

                    Director of Building Operations	
 	

Bracewell & Giuliani LLP

711 Louisiana, Suite 2300

Houston, Texas 77002

Attention: Ron I. Erlichman"

        9.    Definition of Rent.    Paragraph 4.A of the Original
Lease is hereby amended as follows: 

        (a)   The
first sentence of Paragraph 4.A is hereby amended and restated in its entirety to read as follows: 

        "As
consideration for this Lease, commencing on the dates specified in Paragraph 1.D, Tenant will pay Landlord, without setoff or
deduction, unless a setoff is specifically permitted by an express provision of this Lease, the total amount of Base Rent, Additional Rent and Premise Taxes due and payable for the Term in the manner
set forth in this Lease." 

        (b)   The
term "Rent" shall mean Additional Rent, Base Rent and Premise Taxes, collectively. 

        10.    Operating Expenses Defined.    

        (a)   Paragraph 4.D(5) is hereby amended and restated in its entirety to read as follows: 

        "(5)    Real
estate taxes, assessments, business taxes, excises, association dues directly related to the Property, fees, levies, charges and other taxes of every kind and
nature whatsoever, general and special, extraordinary and ordinary, foreseen and unforeseen, including interest on installment payments, which may be levied or assessed against or arise in connection
with the ownership, use, occupancy, rental, operation or possession of the Property (including, without limitation, personal property taxes for property that is owned by Landlord and used in
connection with the operation, maintenance and repair of the Property), or substituted, in whole or in part, for a tax previously in existence by any taxing authority, or assessed in lieu of a tax
increase, or paid as rent under any ground lease (collectively, "Taxes"). Taxes do not include Landlord's income, franchise or estate taxes (except to
the extent such excluded taxes are assessed in lieu of taxes included above). Tenant's share of Taxes for purposes of this Paragraph D.5 and
without limiting Tenant's obligations under Paragraph 4.I, shall be based on Tenant's Pro Rata Share of Taxes assessed on, levied against or
attributable to the Property other than (i) the Premises, (ii) any portion of the leaseable 

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space
in the Building or the retail/office space on the first floor of the Parking Facilities which is used, held or occupied exclusively by Landlord, (iii) any portion of the leaseable space
in the Building or the retail/office space on the first floor of the Parking Facilities which is either leased to a third party or being held for lease to a third party, (iv) the Auditorium and
(v) the Café." 

        (b)   The
following is hereby added to the Original Lease as Paragraph 4.E(5) and  Paragraph 4.E(6): 

        "(5)    The
routine operation, repair and maintenance of the "Neo Café" located on the first (1st) floor of the Building (the
"Café") including (i) any leasehold build-out, remodeling or interior upgrades to the Café and
(ii) any repair and maintenance expenses that would be the responsibility of any tenant occupying the Café if the tenant of the Café was an unaffiliated party;  provided, however, that
notwithstanding the foregoing or anything herein to the contrary, Landlord shall be permitted to include in Operating Expenses
(x) any maintenance, repairs or capital expenditures which would be Landlord's responsibility to perform if the tenant of the Café was an unaffiliated party and which would
otherwise be permitted pursuant to the terms of this Lease, including, but not limited to Paragraph 4.D, and (ii) any utilities or
services which Landlord typically provides to other tenants in the Building or to the Property generally, such as security, janitorial, electrical, gas, water, sewer, HVAC, etc (but excluding any
above building standard services furnished to the Café, provided that nothing herein shall require Landlord to install any submeters
within the Café to determine any above building standard utilities being furnished to the Café). In determining the repair and maintenance expenses that would be the
responsibility of a tenant or the Landlord, as applicable, the customary repair and maintenance allocation contained in lease agreements between Landlord and unaffiliated tenants of the Building shall
be controlling. 

        (6)   The
routine operation, repair and maintenance of the Auditorium located on the second (2nd) floor of the Building (the
"Auditorium"), including any leasehold build-out, remodeling or interior upgrades to the Auditorium; provided,
however, that notwithstanding the foregoing or anything herein to the contrary, Landlord shall be permitted to include in Operating Expenses (x) any maintenance, repairs
or capital expenditures necessary to maintain the structural, mechanical, electrical,
plumbing, HVAC, fire, health and life safety systems and/or or other similar components of the Auditorium or which are related to the maintenance, repair or upgrade of the Building (as opposed to
day-to-day maintenance and repairs resulting from normal wear and tear of the Auditorium) and (y) any utilities or services which Landlord typically provides to other
tenants in the Building or to the Property generally, such as security, janitorial, electrical, gas, water, sewer, HVAC, etc. (but excluding any above building standard services furnished to the
Auditorium, provided that nothing herein shall require Landlord to install any submeters within the Auditorium to determine any above building standard
utilities being furnished to the Auditorium). 

        11.    Audit.    Paragraph 4.G of the Original Lease is hereby
amended to provide that the "Audit Election Period" shall be within ninety (90) days after Landlord furnishes its statement of actual Operating
Expenses for any calendar year (including the Base Year). 

        12.    Parking.    

        (a)   Paragraph 4.H
of the Original Lease is hereby amended and restated in its entirety as follows: 

        "H.  Parking Permits/Charges.

        (1)   Tenant
shall be provided, and shall be required to take and pay for, not less than two (2) unreserved parking spaces in the Parking facilities for each 1,000 RSF
of the Premises 

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leased
by Tenant (the "Must Take Spaces") with the ability to expand the ratio at any time during the Term, upon thirty (30) days prior written
notice to Landlord, to up to four (4) unreserved parking spaces per 1,000 RSF leased by Tenant (the unreserved parking spaces actually taken by Tenant in excess of the Must Take Spaces being
referred to herein as the "May Take Spaces" and the Must Take Spaces plus the May Take Spaces actually taken by Tenant being referred to herein
collectively as the "Tenant Parking Spaces"). All of the Tenant Parking Spaces (except any that are converted to reserved parking spaces as provided
below) shall be on a first come first serve basis in the Parking Facilities. 

        (2)   Tenant
has been granted the one time right, which Tenant hereby exercises, to convert up to twenty percent (20%) of the Tenant Parking Spaces to reserved parking spaces
("Tenant's One Time Parking Space Conversion"), such conversion to be effective as of the date of this First Amendment. Notwithstanding the foregoing,
at any time during the Term, Tenant shall have the right to convert Tenant Parking Spaces from reserved parking spaces to unreserved parking spaces. In the event during the Term Tenant converts more
than five percent (5%) of the Tenant Parking Spaces from reserved to unreserved spaces (i.e. the number of reserved Tenant Parking Spaces drops below fifteen percent (15%) of the total number of
Tenant Parking Spaces after the exercise of Tenant's One Time Parking
Spaces Conversion), thereafter Tenant's right to convert unreserved parking spaces to reserved parking spaces shall be changed to a right to convert up to fifteen percent (15%) of the Tenant Parking
Spaces to reserved parking spaces; provided, however, that in the event that Landlord determines, in its sole and absolute discretion as operator of the
Parking Facilities, that there is existing availability in the Parking Facilities for additional reserved parking spaces at the time that Tenant requests additional reserved parking spaces, Landlord
shall make available to Tenant the right to convert additional Tenant Parking Spaces to reserved parking spaces, but in no event shall Landlord be obligated to provide Tenant with an aggregate amount
of reserved parking spaces in excess of twenty percent (20%) of the Tenant Parking Spaces. 

        (3)   Tenant
has been granted the one time right, which Tenant hereby exercises, to have one half (1/2) of its reserved Tenant Parking Spaces be located on the
4th floor in a contiguous block of spaces and the balance of Tenant's reserved Tenant Parking Spaces to be located on the 5th floor in a similar contiguous block of spaces In the event Tenant
subsequently converts any of the Tenant Parking Spaces from reserved parking spaces to unreserved parking spaces, then at such time Tenant will only have the right to request that the reserved Tenant
Parking Spaces be arranged in accordance with the preceding sentence, but such right shall be subject to Landlord's determination, in its sole and absolute discretion as operator of the Parking
Facilities, that the ability to arrange the reserved Tenant Parking Spaces in such fashion exists and that such arrangement will not adversely affect the operation of the Parking Facilities. 

        (4)   The
rate for the Tenant Parking Spaces during the Term shall be equal to (i) Forty-five and No/100 Dollars ($45.00) per month for each unreserved
Tenant Parking Space (plus applicable taxes), (ii) Seventy-five and No/100 Dollars ($75.00) per month for each reserved Tenant Parking Space (plus applicable taxes) and
(iii) Forty and No/100 Dollars ($40.00) per month (plus applicable taxes) for each Tenant Parking Space in the Parking Nest. 

        (5)   At
any time during the Term, Tenant may opt to create a parking "nest" on the then top floor of the Parking Facilities (currently the 8th floor) (the
"Parking Nest"), reserving as many Available Spaces as exist on that floor at the time in question. "Available
Spaces" means the parking spaces on the then top floor of the Parking Facilities which are available for parking automobiles and which are not otherwise reserved. In the event
that Tenant shall elect to exercise its right to create the Parking Nest, the aggregate number of Tenant Parking Spaces on all of the floors in the Parking Facilities below the floor on which the
Parking Nest 

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is
located (currently floors 1-7)(the "Covered Floors") shall be reduced by the aggregate number of Tenant Parking Spaces within the Parking
Nest with such reduction applying first to any reserved Tenant Parking Spaces located within the Covered Floors and then, after eliminating all reserved Tenant Parking Spaces within the Covered
Floors, next to the unreserved Tenant Parking Spaces located within the Covered Floors. Tenant acknowledges that subject to Landlord's repair and maintenance requirements under this Lease, Tenant
accepts the floor of the Parking Facilities on which the Parking Nest is located in its then "as-is, where-is" condition and that Landlord shall not be required to make any
modifications to such floor of the Parking Facilities to accommodate the Parking Nest, including, but not limited to, creating elevator access. 

        (6)   Without
limiting Paragraph 4 of the Parking Agreement (Exhibit E) and in the event the Parking Nest is
created, if at any time Tenant, its employees, invitees, guests or anyone utilizing the Tenant Parking Spaces at Tenant's direction shall use more than the number of Tenant Parking Spaces permitted in
the Covered Floors, then Landlord shall be entitled to exercise all rights permitted under the Lease as well as the rules and regulations of the Parking Facilities, including, but not limited to,
removing vehicles from the Parking Facilities. 

        (7)   Subject
to the terms and conditions of this Paragraph 4.H, Tenant may convert any reserved Tenant Parking Space
into an unreserved Tenant Parking Space and relinquish any May Take Spaces upon at least thirty (30) days advance written notice to Lessor." 

        (b)   As
of the Effective Date of this First Amendment, Tenant has elected to exercise its right to take all of the May Take Spaces for a total of Two Hundred Ninety-Three
(293) Tenant Parking Spaces. Of these Tenant Parking Spaces, Two Hundred Thirty-Four (234) Tenant Parking Spaces are unreserved and Fifty-Nine (59) Tenant
Parking Spaces are reserved. With respect to the reserved Tenant Parking Spaces, Landlord shall designate such reserved Tenant Parking Spaces (in accordance with the provisions of  Paragraph 4.H of
the Lease) as soon as reasonably practicable after the Effective Date, provided
that Tenant shall pay, subject to the Parking Abatement, the unreserved parking rate until the reserved Tenant Parking Spaces are made available to Tenant. 

        13.    Taxes Attributable to the Premises.    

        (a)   The
following is hereby added to the Original Lease as Paragraph 4.I: 

        "I.   Taxes.

        (1)   Notwithstanding
anything in this Lease to the contrary, in addition to Base Rent and Additional Rent, Tenant shall be responsible for paying the entire amount of all
Taxes assessed on, levied against or attributable to all or any portion of the Premises, Tenant's personal property and improvements and Tenant's leasehold interest in this Lease (the
"Premise Taxes"). Notwithstanding Paragraph 4.A of this Lease to the contrary, Landlord shall
bill Tenant for the portion of the Premise Taxes that constitutes real estate ad valorem taxes, assessments or charges, any Taxes in lieu thereof and any other Premise Taxes assessed against
Landlord's fee interest in the Premises (collectively, "Real Estate Premise Taxes") in equal monthly installments based on Landlord's estimate of the
Real Estate Premise Taxes. In the event that during any calendar year Tenant shall pay more or less than the actual payment due by Landlord to the applicable taxing authorities for such Real Estate
Premise Taxes, including any overpayment in Real Estate Premise Taxes resulting from a successful protest with the applicable taxing authorities as to the assessed valuation for the Premises, then
(i) in the event of an overpayment, Landlord shall apply the overpayment by Tenant against the Real Estate Premise Taxes due or next become due; provided,
however, that if the Term expires before the determination of the overpayment, Landlord shall refund any overpayment to Tenant after first deducting the amount of Rent due and
(ii) in the event of any underpayment, Tenant 

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shall
pay Landlord, within thirty (30) days after Tenant's receipt of an invoice from Landlord, any underpayment of Real Estate Premise Taxes. All other Premise Taxes shall be paid by Tenant
directly to the applicable taxing authority fifteen (15) days prior to such Premise Taxes becoming due and payable. In the event, and only in the event, that Tenant has timely paid to Landlord
all Real Estate Premise Taxes due for a calendar year required to be paid to Landlord in accordance with the above, Tenant shall not be responsible for the payment of any penalties or interest
assessed by the applicable taxing authority as a result of Landlord's failure to timely pay such taxing authority the Real Estate Premise Taxes which Tenant paid to Landlord for such calendar year in
question. 

        (2)   Landlord
has assigned to Tenant, on a revocable basis, the right to protest with the applicable taxing authorities the assessed valuation related to the Premises (but
not any other portion of the Building or the Parking Facilities) and used for purposes of calculating the Premise Taxes; provided, however, that
(i) Tenant shall undertake any such protests at its sole cost and expense, (ii) if Landlord's participation is required in order for Tenant to undertake such protest, Landlord will
cooperate with Tenant in connection with such protest as reasonably required by Tenant, but at no cost, expense or inconvenience to Landlord, (iii) Tenant shall not be permitted to bind
Landlord in connection with such protest in any manner without Landlord's consent, such consent to be within Landlord's sole and absolute discretion, except that Landlord shall be reasonable with
respect to any request to consent to the reduction in the assessed valuation of the Premises and (iv) Tenant's right to undertake such protests shall be revocable by Landlord upon the earlier
of any default or breach by Tenant of this Lease and the Expiration Date, except that with respect to the expiration of the Term only (as opposed to the earlier termination of this Lease), to the
extent that such expiration occurs prior to Tenant having had an opportunity to protest the Premise Taxes for the calendar in which the expiration occurs and provided that Landlord has not elected to
undertake the protest of the Premise Taxes for such calendar year, Tenant's rights under this Paragraph 4.I(2) shall continue beyond the
expiration of the Term and until the later of the deadline for filing a protest with the applicable taxing authority for the Premise Taxes in question and, in the event Tenant has timely filed a
protest, the conclusion of the protest process." 

        (b)   Tenant
has previously paid to Landlord certain outstanding penalties related to the non-payment of certain Real Estate Premise Taxes assessed on the Premises
for the calendar years 2003 and 2004 (the "Tax Penalties"). Tenant and Landlord agree to work together to attempt to mitigate the Tax Penalties, but
without either party committing to expend any out-of-pocket funds in connection with such effort and provided that Tenant acknowledges that in the event that the Tax Penalties
are not reduced or mitigated in any manner, Tenant shall not be entitled to any credit, rebate or compensation of any kind from Landlord for the Tax Penalties. In the event of any reduction by the
applicable taxing authorities to the aggregate amount of the Tax Penalties, Landlord shall pay to Tenant or apply to the payment of future Premise Taxes, at Landlord's sole discretion, an amount equal
to the adjustment received by Landlord, 

        14.    Refurbishment Allowance.    The following is hereby added as  Paragraph 4.J to the Original Lease: 

        "I.   Refurbishment Allowance.

        (1)   Commencing
on June 1, 2006, Tenant shall be entitled to receive a refurbishment allowance of Five and No/100 Dollars ($5.00) per RSF (the
"Refurbishment Allowance") for the reimbursement of Tenant's past and future costs in refurbishing the Premises, provided,
however, that in order to be entitled to the Refurbishment Allowance, the costs related to refurbishing the Premises must (i) have been incurred between
August 15, 2004 and March 31, 

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2008,
(ii) the expenses must be in the nature of permanent leasehold improvements to the Premises, i.e. carpet, paint, leasehold build-out, HVAC, etc. as opposed to items such as
furniture, technology, moving costs, non-permanent fixtures (e.g. cubicles and trade fixtures), office supplies, design fee, other soft costs, etc.
("Build-out"). 

        (2)   The
Refurbishment Allowance will be due to Tenant within thirty (30) days after Landlord's receipt of adequate documentation, as reasonably determined by
Landlord, evidencing Tenant's actual, out-of-pocket expenditures for the Build-out in accordance with the requirements of  Paragraph 4.J(1) of this Lease; provided,
however, that (i) at Landlord's option, the
Refurbishment Allowance may be extended to Tenant in the form of a credit against Base Rent commencing at the time the payment is due and continuing until Tenant has received a credit against Base
Rent due or coming due equal to the sum Tenant would have been otherwise been paid by Landlord pursuant to this Paragraph 4.J and
(ii) Tenant shall not submit invoices for the Refurbishment Allowance to Landlord on more than one (1) occasion per month. 

        15.    Building Management.    The following is hereby added to the Original Lease as  Paragraph 7.E: 

        "E.  Building Management.    Landlord agrees to manage and maintain the Building in a manner
consistent with other comparable office buildings of a similar class and age in Houston, Harris County, Texas (the "Management Standard");  provided, however, that (i) the foregoing shall not obligate Landlord to hire a third party manager to manage the Building, (ii) Tenant
shall not be entitled to terminate this Lease in the event that Tenant believes Landlord has breached this obligation and (iii) Tenant's sole and exclusive remedy for such failure by Landlord
shall be a suit for specific performance. Notwithstanding the foregoing, prior to Tenant exercising its remedy of specific performance for Landlord failing to adhere to the Management Standard, Tenant
shall be required to give Landlord written notice, specifying in reasonably sufficient detail, the basis upon which Tenant believes that Landlord has not complied with the Management Standard and the
manner in which Tenant proposes that Landlord remedy same. Landlord shall have until the date which is sixty (60) days after Landlord's receipt of such notice to either (i) respond to
Tenant that it disagrees with Tenant's belief that Landlord has not complied with the Management Standard or (ii) commence to remedy such failure (but without having any obligation to remedy in
the manner suggested by Tenant in its notice). If Landlord commences to remedy such failure within such sixty (60) day period, Tenant shall not be entitled to exercise its remedy of specific
performance for so long as Landlord is diligently prosecuting such cure, subject to any cessation of the prosecution of such cure resulting from force majeure or other factors outside of Landlord's
control. If, however, Landlord either (i) notifies Tenant prior to the expiration of such sixty (60) day period that it disagrees with Tenant's determination that Landlord has failed to
comply with the Management Standard or (ii) Landlord commences within such sixty (60) day period to remedy such failure and diligently prosecutes same, but then subsequently ceases
before the cure is achieved and without any basis for such cessation, e.g. force majeure, then Landlord and Tenant shall meet in an effort to resolve such dispute. If after ninety (90) days
from and after the first day that Landlord and Tenant met in an effort to resolve such dispute, Landlord and Tenant are still unable to resolve such dispute, then Tenant shall be entitled to pursue,
as its sole and exclusive remedy, a suit for specific performance to require Landlord to adhere to the Management Standard." 

        16.    Tax Waiver.    Paragraph 32.K of the Original Lease is
hereby amended and restated in its entirety as follows: 

        "K.  Tax Waiver.    SUBJECT TO PARAGRAPH
4.I(2), TENANT WAIVES ALL RIGHTS PURSUANT TO ALL LAWS TO PROTEST APPRAISED VALUES OR RECEIVE NOTICE OF REAPPRAISAL REGARDING THE PROPERTY (INCLUDING LANDLORD'S PERSONALTY),
IRRESPECTIVE OF WHETHER LANDLORD CONTESTS SAME." 

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        17.    Renewal Option: Right of First Offer.    Rider 1 of the
Original Lease is hereby amended (but not restated) as follows: 

        (a)   Any
Expansion Options (including, but not limited to, the First Expansion Option and the Second Expansion Option) are deleted in their entirety and Tenant acknowledges
that the Lease does not contain any expansion options. 

        (b)   The
preferential right to lease is hereby deleted in its entirety and Tenant acknowledges that the Lease, as hereby amended, does not contain any preferential rights to
lease in favor of Tenant other than the Renewal Option, as contained in the Original Lease and modified by this First Amendment, and the Right of First Offer, as contained in this First Amendment. 

        (c)   The
renewal option (the "Renewal Option") as contained in the Original Lease shall remain in effect in accordance with
its current terms except that the following is hereby added to the end of the first full paragraph under the Renewal Option in Rider 1: 

        "In
the event that Tenant elects to renew as to a partial floor as permitted pursuant to the terms of the renewal option described above, then Tenant shall pay for the cost to demise the
Premises. Notwithstanding anything herein to the contrary, this renewal option shall not be exercised by Tenant in the event that (i) Landlord elects to not lease all or any portion of the
Premises and instead opts to leave the Premises, or any portion, vacant or (ii) Landlord elects to lease all or any portion of the Premises to any Affiliate of Landlord or (iii) Landlord
elects to use all or any portion of the Premises for its own use; provided, however, that if Landlord only elects to cause a portion of the Premises to
be left vacant, leased to an Affiliate or used by Landlord, Landlord will offer Tenant the right to renew the Lease as to the portion of the Premises not being left vacant, leased to an Affiliate or
used by Landlord pursuant to the terms and conditions of this renewal option except that Landlord shall be required to pay for the cost to demise the Premises if it will include a partial floor. 

        Tenant's
renewal option as provided above is not subordinate to any tenant of the Building or any third party, other than Landlord and its Affiliates as expressly provided above." 

        (d)   The
following is hereby inserted into Rider 1 as the Right of First Offer: 

 
 

"RIGHT OF FIRST OFFER    
    

        Right of First Offer:    Tenant shall have an ongoing right of first offer (the "Right of First
Offer") on all Available Space. Such right will be subordinate to all other rights in favor of any third party, e.g. preferential rights to lease, expansion options, renewal
rights, right of first offer, etc., and in existence as of February 15, 2006. Anytime Landlord has Available Space, Landlord shall notify Tenant in writing (the "Offer
Notice"), which Offer Notice shall include (i) the Market Rental Rate for the Available Space (the "Right of First Offer
Space"), (ii) the amount of RSF in the Right of First Offer Space, (iii) how the Right of First Offer Space is divisible and (iv) the amount of
reserved/unreserved parking spaces allocated to the Right of First Offer Space. Tenant shall have a period of twenty (20) Business
Days to notify Landlord in writing whether it will (x) lease all or, to the extent permitted pursuant to the Offer Notice, a portion of the Right of First Offer Space pursuant to the terms
contained in the Offer Notice, (y) lease all or, to the extent permitted pursuant to the Offer Notice, a portion of the Right of First Offer Space but request arbitration of the Market Rental
Rate pursuant to the arbitration provision contained in this Rider 1 below or (iii) pass on the option to lease the Right of First Offer Space. 

        Renewal of Right of First Offer:    In the event that Tenant shall fail to respond to the Offer Notice in writing within such
twenty (20) Business Day period, Tenant shall be deemed to 

9

 

have
elected to pass on the option to lease the Right of First Offer Space. If Tenant passes on the option to lease the Right of First Offer Space (or is deemed to have passed), Landlord shall be free
to market the Right of First Offer Space without having to provide Tenant with any notice or opportunity to lease the Right of First Offer Space until the date which is one hundred twenty
(120) days after Tenant delivered its notice to Landlord that it was electing to not lease the Right of First Offer Space (or the date that Tenant was deemed to have elected same, if
applicable) (the "First Offer Refusal Date") and as provided below, except that if during such one hundred twenty (120) period Landlord shall
offer third parties the right to lease less than all of the Right of First Offer Space in a manner that is materially different than the manner in which Landlord advised Tenant that the Right of First
Offer Space was divisible pursuant to the Offer Notice, Landlord shall provide Tenant with a new Offer Notice identifying such divisibility of the Right of First Offer Space and Tenant shall have five
(5) Business Days after its receipt of such new Offer Notice from Landlord to elect to (x) lease a portion, but not all, of the Right of First Offer Space pursuant to the terms contained
in the new Offer Notice, (y) lease a portion, but not all, of the Right of First Offer Space but request arbitration of the Market Rental Rate pursuant to the arbitration provision contained in
this Rider 1 below or (iii) pass again on the option to lease the Right of First Offer Space. After the First Offer Refusal Date, so long as (i) Landlord has  not entered into a lease for the
Right of First Offer Space, (ii) Landlord is not in active lease
negotiations with a prospective tenant for the Right of First Offer Space and (iii) Landlord is still offering the Right of First Offer Space for lease to third parties (other than Affiliates),
then, in such event only, Tenant may give Landlord notice that Tenant will lease the Right of First Offer Space pursuant to the then current Market Rental Rate and the other terms and conditions upon
which Landlord is currently offering the Right of First Offer Space for lease. Otherwise, the Right of First Offer as to the Right of First Offer Space will only arise once the Right of First Offer
Space has become Available Space after not being available because of a lease to another tenant or Landlord withdrawing the space from the market. 

        Terms of Lease of Right of First Offer Space:    If Tenant elects to lease the Right of First Offer Space, (i) the term
for such Right of First Offer Space shall be coterminous with the Term of this Lease, (ii) the Base Rent rate for the Right of First Offer Space shall be equal to the Market Rental Rate,
(iii) the Right of First Offer Space shall be provided to Tenant on an "As-Is" "Where-Is" basis, with all faults." 

        (d)   The
Arbitration portion of Rider 1 shall be amended and restated in its entirety with the following: 

"ARBITRATION  

        Any
controversy or claim between the parties arising out of or relating to the Market Rental Rate, and only such matter (the "Market Rate
Dispute") may be submitted to arbitration upon either party's written request (provided that Tenant's request must be made within the time periods provided for in the Renewal
Option and Right of First Offer sections of this Rider 1 above). Any arbitration conducted under this section will comply with the following, and any determination as a result thereof shall be binding
upon the parties: 

        (1)   Appointment of Arbitrators.    Landlord and Tenant shall use all reasonable efforts to agree, within ten
(10) Business Days following one party's delivery to the other of a written notice requesting the submittal of a Market Rate Dispute to arbitration, upon the appointment of one
(1) arbitrator to resolve the Market Rate Dispute. If an agreement on a single arbitrator cannot be reached within such ten (10) Business Day period, Landlord and Tenant shall each
appoint an arbitrator within seven (7) Business Days following the expiration of the ten (10) Business Day period and shall specify the name and address of their 

10

 

respective
arbitrator to the other party prior to the expiration of such seven (7) Business Day period; provided. however, that if one party
fails to specify the name and address of its selected arbitrator within such seven (7) Business Day period the other party shall give such failing party written notice and if within five
(5) Business Days after such written notice the failing party still has not specified an arbitrator, the arbitrator selected by the other party shall act as the single arbitrator as if both
parties had agreed to the appointment of such arbitrator as provided above. The selected arbitrators shall then meet and if such arbitrators are unable to agree upon the resolution to the Market Rate
Dispute, they shall appoint a third arbitrator within twenty (20) days following their appointment. If the two (2) arbitrators are unable to agree upon a third arbitrator within such
twenty (20) day period, the third arbitrator shall be appointed as soon as reasonably possible thereafter by the American Arbitration Association (or any successor organization, or if no
successor organization shall then exist, by a court of competent jurisdiction residing in Harris County, Texas), subject to the qualification requirements set forth below. In the event of the failure,
refusal or inability of any arbitrator to act, a new arbitrator shall be appointed in his/her stead, which appointment shall be made in the same manner as set forth above for the appointment of such
resigning arbitrator. Immediately following the selection of the final arbitrator, the arbitrator(s) shall meet and, within thirty (30) days following the complete selection of the
arbitrator(s), endeavor to resolve the matter; such thirty (30) day period may be extended only to the extent of delay caused by force majeure or if resolution within such thirty
(30) day period is not reasonable under the circumstances. 

        (2)   Arbitration Proceeding; Decisions of Arbitrators.    Within five (5) Business Days following the
selection of all arbitrators, each party shall submit to such arbitrators such party's proposed resolution to the Market Rent Dispute in the form of an annual Base Rent per RSF in accordance with the
definition of
Market Rental Rate as provided in this Rider 1, together with reasonable evidence supporting such proposed resolution. The arbitrator(s) shall select either the proposed resolution of the Market Rate
Dispute submitted by Landlord or the proposed resolution of the Market Rate Dispute submitted by Tenant, whichever proposal such arbitrator(s) deem to be the most correct according to the definitions,
terms and requirements set forth in this Lease, with no compromise. The power of the arbitrators shall be exercised by the concurrence of at least two (2) arbitrators, except that if only one
arbitrator is required, the decision of such arbitrator shall govern. The arbitrator(s) shall have the authority to request additional facts or evidence from each of the parties and, if such
arbitrators so require, a hearing to present the same. In the event of such a hearing, rules of evidence applicable to judicial proceedings in Houston, Texas civil district courts shall govern;  provided, however,
 that evidence will be admitted or excluded in the sole discretion of the arbitrator(s). The arbitrator(s) shall resolve the Market
Rate Dispute and shall execute and acknowledge their decision, together with a brief statement describing the rationale for such decision, in writing and deliver a copy thereof to each of the parties
personally or by registered or certified mail, return receipt requested. If the arbitrators fail to reach an agreement during such thirty (30) day period (as extended as aforesaid), they shall
be discharged, and new arbitration proceedings shall commence, which appointments shall be made in the same manner as set forth above. By agreement in writing, Landlord and Tenant may extend the time
to reach agreement either before or after the expiration thereof. 

        (3)   Costs.    Each party shall bear their own costs and expenses in connection with the arbitration except that the
cost of a single arbitrator or the third arbitrator, as applicable, shall be split equally. 

        (4)   Qualifications.    Each arbitrator shall (i) be a real estate broker licensed under the laws of the
State of Texas having actively and continuously engaged in leasing transactions 

11

 

involving
in the aggregate more than 2,000,000 square feet of rentable area of office space in Houston, Texas for the immediately preceding ten (10) year period. In addition to all of the
foregoing, the third arbitrator shall be an independent broker not having any prior relationship representing either Landlord or Tenant. 

        (5)   Binding; Complete Defense.    The decision of the arbitrator(s)
shall be final and non-appealable, shall be binding on both Landlord and Tenant, and may be enforced in any court of competent jurisdiction. The parties to the arbitration agree that
compliance by a party with the provisions of this arbitration provision shall be a complete defense to any suit, action or proceeding instituted in any federal or state court, or before any
administrative tribunal by any of the other parties with respect to any Market Rate Dispute, other than a suit or action alleging non-compliance with a final and binding arbitration award
rendered hereunder. 

        (e)   The
following is hereby inserted into Rider 1 at the end of Rider 1: 

        "Definitions:

        As
used herein, "Available Space" means rentable space within the Building which none of Landlord, St. Luke's Episcopal Health Care System or any of their Affiliates desires to lease,
use or, with respect to Landlord or its Affiliates, leave such space vacant and which (i) Landlord has determined to lease to third parties, (ii) an existing tenant lease expires within
nine (9) months and such space is not otherwise subject to an existing expansion option, renewal right or preferential option to lease or (iii) can be "recaptured" by Landlord and
Landlord actually recaptures such space. 

        As
used herein, "Affiliate" means any person or entity of any kind directly or indirectly controlling, directly or indirectly controlled by or under direct or indirect common control
with such person or entity. The term "control", "controlling" or "controlled by" shall mean the possession, directly or indirectly, of the power either to (a) vote fifty percent (50%) or more
of the securities or interests having ordinary voting power for the election of directors (or other comparable controlling body) of such person or entity or (b) direct or cause the direction of
management or policies of such person or entity, whether through the ownership of voting securities or interests, by contract or otherwise or (c) any person or entity with whom exists a joint
venture of any kind, 

        As
used herein, the exchange of a letter of intent, execution of a letter of intent, lease draft negotiations and the receipt of a proposal to lease shall all constitute "active lease
negotiations"." 

        18.    Existing Claims.    Tenant hereby waives any claims, damages, suits, liabilities costs or expenses
("Claims") it may have against Landlord with respect to the Lease or all or any part of the Property to the extent such Claims are related to the
payment of Taxes, the Tax Penalties and/or the operation or management of the Property and which arose prior to the Effective Date, but not any such Claims arising from and after the Effective Date. 

        19.    Brokers.    Tenant represents that it has dealt only with Cushman & Wakefield of Texas, Inc.
("Tenant's Broker") in connection with this First Amendment. Tenant agrees to indemnify, defend, protect and hold Landlord harmless from all claims of
any broker, agent or similar person or entity (other than Tenant's Broker) arising by, through or under Tenant and in connection with the Property or this First Amendment. Landlord shall pay a real
estate commission to Tenant's Broker equal to four percent (4%) times the Base Rent (and not including Additional Rent, Taxes or Excess Operating Expenses) due by Tenant during the portion of the Term
commencing on June 1, 2006 and ending on July 31, 2011, less the abatements provided for in Section 4 of this First Amendment
(other than the Parking Abatement). 

12

 

        20.    Successors and Assigns.    The obligations in this First Amendment shall be binding upon and inure to the
benefit of the successors and assigns of Landlord, and shall be binding upon and inure to the benefit of the permitted successors and assigns of Tenant. 

        21.    Original Lease In Full Force and Effect.    The Original Lease remains in full force and effect and is
unchanged except specifically modified by the provisions of this First Amendment. In the event of any conflicts between the terms of the Original Lease and this First Amendment, the terms of this
First Amendment shall control. 

        22.    Entire Agreement.    This First Amendment and the Original Lease contain all the agreements of the parties
regarding the matters discussed in this First Amendment, and no prior agreement, understanding or representation about any such matter is effective for any purpose. The terms and conditions of this
First Amendment may not be amended or otherwise affected except by instrument in writing executed by each party to be bound by the instrument. All references in the Original Lease to the "Lease" shall
mean and refer to the Original Lease as amended by this First Amendment. 

EXECUTED
to be effective for all purposes as of the Effective Date. 

	TENANT:	 	LANDLORD:
	

PROS Revenue Management, L.P. (formerly Houston Community College System PROS Revenue Management, Inc.)
	

By:	

/s/ Charles H. Murphy  
	
 	

By:	

/s/ Bruce Leslie  

	Name:	Charles H. Murphy
	 	Name:	Bruce Leslie

	Title:	EVP & CFO
	 	Title:	Chancellor

13

 
 
 

Exhibit "A"    
    
    9th Floor Credit Space    

[GRAPHIC OF FLOORPLAN]  

14

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FIRST AMENDMENT TO OFFICE LEASE

Introduction

"RENTAL ABATEMENT"

" RIGHT OF FIRST OFFER

Exhibit "A" 9th Floor Credit SpaceQuickLinks
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Exhibit 10.11  

 
 

EMPLOYMENT AGREEMENT    
    

        THIS EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into as of
September 30, 2005 (the "Effective Date") by and between PROS Revenue Management, L.P., a Delaware limited partnership (the
"Company"), and Albert Winemiller (the "Employee"). The Company and the Employee are sometimes
collectively referred to herein as the "Parties" and individually referred to herein as a "Party." 

 
 

RECITALS    
    

        WHEREAS, the Employee and the Company desire to enter into an employment agreement containing the material terms and conditions set forth herein. 

        WHEREAS,
the Parties intend that this Agreement memorialize all of the rights, duties and obligations of the Parties with respect to the employment of Employee with the Company. 

 
 

AGREEMENT    
    

        NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and adequacy of which is acknowledged, the Parties
hereby agree as follows: 

1.    Position and Duties.    Employee shall be employed by the Company as Chief Executive Officer and President and will have such
corresponding duties and responsibilities as determined by the Board of
Directors of the Company (the "Board"). Employee agrees to devote his full time, energy and skill to his responsibilities and duties to the Company. 

2.    Term of Agreement.    The term of Employee's employment shall commence on the Effective Date and shall continue for a period
of twenty-four (24) months thereafter (the "Employment Term"), unless earlier terminated as provided in this Agreement. The
Employment Term will be automatically extended unless the Company decides, in its sole discretion, not to so extend and provides notice thereof to Employee (each such extension being a
"Renewal Term"); provided, however, that no single Renewal Term may be less than twelve (12) months unless consented to in writing by each Party
or earlier terminated as provided in this Agreement. 

3.    Compensation.    Employee shall be compensated by the Company for the performance of his duties and obligations hereunder as
follows: 

        (a)    Salary.    Employee shall be paid a salary of $22,916.67 per month, less applicable withholdings and
deductions, in accordance with the Company's normal payroll procedures (the "Salary"). 

        (b)    Benefits.    Employee shall be eligible, on the same basis as other employees of the Company, to participate in
and to receive the benefits of the Company's employee benefit plans and vacation, holiday and business expense reimbursement policies, each as in effect from time to time. 

        (c)    Review.    The Compensation Committee will review the Salary of Employee provided hereunder on a periodic basis
consistent with its review of other management generally and may adjust upward in its discretion such Salary. 

4.    Termination.    Employee agrees that his employment is on an at-will basis and may be terminated at any time by
the Company or the Employee, with or without cause. Upon the termination (voluntarily or otherwise) of Employee's employment with the Company, neither Party shall have any continuing obligations or
liabilities with respect to compensation, benefits, or severance except as set forth in this Section 4. 

        (a)    Voluntary Termination; Termination for Cause.    If Employee's employment is voluntarily terminated by Employee
other than for Good Reason (a "Voluntary Termination") or is terminated by the Company for Cause (as defined below), Employee shall be entitled to no
compensation or benefits 

from
the Company other than accrued and unpaid compensation and benefits through the date of termination. For purposes of this Section 4, a
termination of Employee's employment as a result of his death or Disability (as defined below) shall constitute a Voluntary Termination. 

        (i)    "Cause" shall mean (a) the unauthorized use or disclosure of the confidential information or trade secrets of the
Company, which use or disclosure causes material harm to the Company; (b) conviction of, or a plea of "guilty" or "no contest" to, a felony under the laws of the United States or any thereof;
(c) any intentional wrongdoing by Employee, whether by omission or commission, which adversely affects the business or affairs of the Company (or any parent or subsidiary); or
(d) continued failure to perform assigned duties after receiving written notification from the CEO or the Board and following a reasonable cure period. 

        (ii)   "Disability" shall mean the good-faith determination by the Board after consultation with medical personnel
that the Employee has ceased to be able to materially perform his duties and obligations, with or without reasonable accommodation, due to a mental or physical illness or incapacity that is reasonably
expected to materially prevent Employee from performing his duties and obligations for a period of not less than ninety (90) days. 

        (iii)  "Good Reason" shall mean any one or more of the following: 

        (A)  the
assignment to the Employee of any duties, or any material limitation of the Employee's responsibilities, substantially inconsistent with the Employee's duties and
status with the Company as contemplated on the date of this Agreement; 

        (B)  the
relocation of the principal place of the Employee's service to a location that is more than fifty (50) miles from the Employee's principal place of service as
of the date of this Agreement; 

        (C)  any
material reduction by the Company of the Employee's Salary (unless reductions comparable in amount and duration are concurrently made for all other senior executives
of the Company with responsibilities and organizational level comparable to the Employee's); or 

        (D)  any
failure by the Company to continue to provide the Employee with the opportunity to participate, on terms no less favorable than those in effect for the benefit of
any employee holding a comparable position within the Company, in any benefit or compensation plans and programs. 

        (b)    Termination Without Cause or for Good Reason; Non-Renewal.    In the event Employee's employment is
terminated by the Company without Cause or by voluntarily by Employee for Good Reason or the Company elects not to renew the Employment Term or any Renewal Term, Employee shall be entitled only to the
following: 

        (i)    accrued
and unpaid compensation through the date of termination; 

        (ii)   continued
health benefits as made generally available to employees for twelve (12) months following the date of such termination; 

        (iii)  the
then-current base monthly salary of Employee, less applicable withholdings and deductions, for twelve (12) months following the date of such
termination, payable on normal payroll cycles; and 

        (iv)  the
acceleration of vesting of stock options and other equity awards with respect to shares that would have vested in the twelve (12) months following such date
of termination (collectively, the "Severance"). 

5.    Confidential Information.    Employee acknowledges and agrees that the Company considers to be confidential the information,
observations and data obtained by him while employed by the Company concerning the actual or anticipated business or affairs of the Company, its subsidiaries or affiliates (collectively,
"Confidential Information") and that such Confidential Information is the property of the Company and/or the respective subsidiary or affiliate.
Therefore, Employee agrees that he shall not 

disclose
to any unauthorized person or use for his own purposes any Confidential Information without the prior written consent of the Board, unless and to the extent that the aforementioned matters
become generally known to and available for use by the public or persons knowledgeable in the Company's industry other than as a result of Employee's acts or omissions which constitute a breach
hereof. Employee shall deliver to the Company at the termination (whether voluntary or otherwise) of Employee's employment, or at any other time the Company may request, all memoranda, notes, plans,
records, reports, computer tapes, printouts and software and other documents and data (and copies thereof) relating to the Confidential Information, Work Product (as defined below) or the business or
anticipated business of the Company, its subsidiaries or affiliates (including, without limitation, trade secrets, business or marketing plans, reports, projections, diskettes, intangible information
stored on diskettes, software programs and data compiled with the use of those programs, tangible copies of trade secrets and confidential information, memoranda, credit cards, telephone charge cards,
manuals, building keys and passes, cell phones, computers, names and addresses of the Company's or its subsidiaries' or affiliates' customers and potential customers, customer lists, customer
contracts, sales information and any and all other similar information or property) which he may then possess or have under his control. Employee further agrees that in the event he discovers any
other materials of the Company, its subsidiaries or affiliates in his possession or control after the date of termination, he will immediately return such property to the Company. 

6.    Inventions and Patents.    Employee acknowledges that all inventions, innovations, improvements, developments, methods,
designs, analyses, drawings, reports and all similar or related information (whether or not patentable) which (i) relate to the Company's or its subsidiaries' actual or anticipated business,
research and development or existing or future products or services or (ii) result from any work performed by Employee for the Company or its subsidiaries, and which are conceived, developed or
made by the Employee during the Noncompete Period ("Work Product") belong to the Company or such subsidiary; provided, however, that this  Section 6 does not apply to any invention for which no equipment, supplies, materials, facilities, trade secrets, or other proprietary
information of the Company or its subsidiaries was used and which was developed entirely on Employee's own time, unless (i) the invention relates to the actual or anticipated business of the
Company or its subsidiaries or to the Company's or any of its subsidiaries' actual or anticipated research or development, or existing or future products or services or (ii) the invention
results from any work performed by Employee for the Company or its subsidiaries. Employee shall promptly disclose such Work Product to the Board and perform all actions requested by the Board (whether
during or after the Employment Period) to establish and confirm such ownership (including, without limitation, assignments, consents, powers of attorney and other instruments). The Parties acknowledge
and agree that Work Product is subject to this Section 6 and is Confidential Information unless and to the extent that such Work Product
(i) becomes generally known to and available for use by the public or persons knowledgeable in the Company's industry other than as a result of Employee's acts or omissions which constitute a
breach of this Agreement or (ii) the Employee discloses such Work Product to the Board and the Board by vote or written consent waives its rights under this Agreement with respect thereto. 

7.    Non-Compete, Non-Solicitation. 

        (a)   In
further consideration of the compensation to be paid to Employee hereunder, including the Severance, if any, the Company shall, upon execution of this Agreement,
disclose to Employee the Company's trade secrets and other Confidential Information concerning the Company, its subsidiaries and affiliates. Employee acknowledges that his services have been and shall
be of special, unique, and extraordinary value to the Company. Therefore, Employee agrees that, during the Employment Term, each Renewal Term, if any, and for one (1) year following the
termination of his employment with the Company for any reason (collectively, the "Noncompete Period"), he shall not, directly or indirectly, own any
interest in, manage, control, participate in, consult with, render services for, or in any manner engage in any business competing with the actual or anticipated businesses of the Company, its
subsidiaries or affiliates, on the date of the termination of Employee's employment, within any geographical area in which the Company, its subsidiaries or affiliates engage or plan to engage in such
businesses. A termination of this Agreement pursuant to Section 4 or otherwise shall constitute a 

termination
of the Employment Term or Renewal Term, as applicable. Nothing herein shall prohibit Employee from being a passive owner of not more than two percent (2%) of the outstanding capital stock
of any class of a corporation which is publicly traded, so long as Employee has no active participation in the business of such corporation. 

        (b)   During
the Noncompete Period, Employee shall not directly himself or indirectly through another person or entity (i) induce or attempt to induce any employee of
the Company, its subsidiaries or affiliates to leave the employ thereof, or in any way interfere with the relationship between the Company, its subsidiaries and affiliates and any employee thereof,
(ii) hire any person who was an employee or contractor of the Company, its subsidiaries or affiliates or (iii) induce or attempt to induce any customer, supplier, licensee, licensor,
franchisee, contractor or other business relation of the Company, its subsidiaries or affiliates, or in any way interfere with the relationship between any such customer, supplier, licensee,
franchisee, contractor or other business relation and the Company, its subsidiaries or affiliates (including, without limitation, making any negative statements or communications about the Company,
its subsidiaries, or affiliates). 

        (c)   If,
at the time of enforcement of this Section 7, a court shall hold that the duration, scope or area restrictions
stated herein are unreasonable under circumstances then existing, the Parties agree that the maximum duration, scope or area reasonable under such circumstances shall be substituted for the stated
duration, scope or area and that the court shall be allowed to revise the restrictions contained herein to cover the maximum duration, scope and area permitted by law. 

        (d)   Employee
acknowledges and agrees that the restrictions contained in this Section 7 are enforceable and reasonable.
Accordingly, should Employee assert in any context that the restrictions contained in this Section 7 are unenforceable or unreasonable, Employee
agrees that as of the date of such assertion the Company shall have no further obligation to provide him with Severance. 

8.    Non-Disparagement.    Each of the Parties represents and agrees that such Party will not, directly or indirectly,
engage during the Noncompete Period in any defamatory, disparaging or critical communication with any other person or entity concerning the business, operations, services, marketing strategies,
pricing policies, management, business practices, officers, directors, employees, attorneys, representatives, affiliates, agents affairs and/or financial condition of the other Party, its subsidiaries
or affiliates. 

9.    Injunctive Relief and Additional Remedy.    Employee acknowledges and agrees that any breach or threatened breach by Employee
of any of the provisions of Sections 5, 6, 7, or  8 would
result in irreparable injury and damage to the Company and/or its subsidiaries and affiliates for which the Company and/or its subsidiaries and
affiliates would have no adequate remedy at law. The Employee therefore also acknowledges and agrees that in the event of such breach or threatened breach the Company, in addition and supplementary to
other rights and remedies existing in its favor, may apply to any court of competent jurisdiction for specific performance and/or injunctive or other relief in order to enforce or prevent any
violations of the provisions thereof (without posting a bond or other security). The terms of this Section 9 shall not prevent the Company from
pursuing any other available remedies for any breach or threatened breach thereof including, without limitation, the recovery of damages from Employee. In addition, in the event of an alleged breach
or violation by Employee of any of the provisions of Sections 5, 6,  7, or 8, the Noncompete Period shall be tolled with respect to such provision until such breach or
violation has been duly cured. 

10.    Dispute Resolution.    In the event of any dispute or claim relating to or arising out of this Agreement (including, without
limitation, any claims of breach of contract, wrongful termination or age, sex, race or other discrimination), Employee and the Company agree that all such disputes shall be fully and finally resolved
by binding arbitration conducted by the American Arbitration Association in Austin, Texas in accordance with its National Employment Dispute Resolution rules, as those rules are currently in effect
(and not as they may be modified in the future). Employee acknowledges that by accepting this arbitration provision he is waiving any right to a jury trial in the event of such dispute; provided,
however, that this arbitration provision shall not apply to any disputes or claims relating to or arising out of Sections 5,  6,,7, or 8 or any misuse or misappropriation of
Confidential Information, 

Work
Product or other trade secrets or proprietary information of the Company, its subsidiaries or affiliates. 

11.    Attorneys' Fees.    The prevailing Party in any dispute or claim relating to or arising out of this Agreement shall be
entitled to recover from the losing Party all fees and expenses of any nature or kind (including, without limitation, attorney's fees and expenses) incurred in any such dispute or claim. 

12.    Interpretation.    The Company and Employee agree that this Agreement shall be interpreted in accordance with and governed by
the laws of the State of Texas, without giving effect to conflicts of law principles. 

13.    Successors and Assigns.    This Agreement shall inure to the benefit of and be binding upon Employee and its successors and
assigns. In view of the personal nature of the services to be performed under this Agreement by Employee, Employee shall not have the right to sell, assign, pledge, hypothecate, donate or otherwise
transfer any of his rights, obligations or benefits hereunder. 

14.    Entire Agreement.    This Agreement constitutes the entire employment agreement between the Company and Employee regarding
the terms and conditions of his employment, with the exception of that certain Employee Inventions and Proprietary Rights Assignment Agreement, dated January 5, 1999, between the Company and
Employee (the "Assignment Agreement"); provided, however, that the provisions of this Agreement shall control if there exists any conflicting provisions
in the Option Agreement or the Assignment Agreement. This Agreement, together with the Option Agreement and the Assignment Agreement, supersede all prior negotiations, representations or agreements
between the Company and Employee, whether written or oral, regarding Employee's employment by the Company. 

15.    Severability.    If any one or more of the provisions (or any part thereof) of this Agreement shall be held invalid, illegal
or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions (or any part thereof) shall not in any way be affected or impaired thereby. 

16.    No Representations.    Employee acknowledges that he is not relying, and has not relied, on any promise, representation or
statement made by or on behalf of the Company which is not set forth in this Agreement. 

17.    Notices.    All notices requests, reports and other communications pursuant hereto shall be in writing, either by letter
(delivered by hand or commercial delivery service or sent by certified mail, return receipt requested) or facsimile, addressed as follows: 

If
to the Company: 

PROS
Holdings, Inc.

3100 Main Street, Suite 900

Houston, Texas 77006

Attention: Chief Executive Officer

Facsimile: (713) 529-7037 

with
a copy to (which shall not constitute notice): 

DLA
Piper Rudnick Gray Cary US LLP

1221 S. Mopac Expressway, Suite 400

Austin, Texas 78746

Attention: John J. Gilluly

Facsimile: (512) 457-7001 

If
to the Employee: 

Albert
Winemiller 

____________________________ 

____________________________ 

Facsimile:
___________________ 

Any
notice, request or communication hereunder shall be deemed to have been given on the day on which it is delivered by hand to such party at its address specified above, or, if sent by certified
mail, return receipt requested, postage prepaid, on the third business day following the date it was deposited in the mail, or in the case of facsimile notice, when transmitted addressed as aforesaid,
confirmation received, if the notice is also delivered by hand or mail in the manner described above. Any party may change the person or address to whom or which notices are to be given hereunder, by
notice duly given hereunder; provided, however, that any such notice shall be deemed to have been given hereunder only when actually received by the party to which it is addressed. 

18.    Counterparts.    This Agreement may be executed in any number of counterparts, provided, however, that each of such
counterparts when taken together shall constitute one and the same agreement. 

19.    Amendments.    This Agreement may be modified or amended only by a supplemental written agreement signed by both the Employee
and the Company and approved by unanimous vote or written consent of the Compensation Committee. 

 
 

Signature Page Follows.    
    

        IN
WITNESS WHEREOF, the Parties hereto have entered into this Agreement as of the Effective Date. 

	 	 	COMPANY:
	

 	
 	
PROS REVENUE MANAGEMENT, L.P.,
	

 	
 	

By:	

/s/ Kurt R. Jaggers

	 	 	Name:	Kurt R. Jaggers
	 	 	Title:	 
	

 	
 	
EMPLOYEE:
	

 	
 	

/s/ Albert Winemiller
ALBERT WINEMILLER

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