Document:

EX-10.30

Exhibit 10.30

PLATO LEARNING, INC.

2006 STOCK INCENTIVE PLAN

EMPLOYEE STOCK OPTION AGREEMENT

PLATO Learning, Inc., a Delaware corporation (the “Company”), hereby grants to [Name] (the
“Employee”) on this [day] day of [month], [year] (the “Option Date”), pursuant to the provisions of
the PLATO Learning, Inc. 2006 Stock Incentive Plan (the “Plan”), a non-qualified stock option (the
“Option”) to purchase from the Company [shares] shares of its Common Stock, $.01 par value
(“Stock”), at the price of [$price] per share upon and subject to the terms and conditions set
forth below.

1. Option Subject to Acceptance of Agreement.

The Option shall be forfeited unless the Employee shall accept this Agreement by executing it
in the space provided below and return it to the Company within 60 days following the Option Date.

2. Time and Manner of Exercise of Option.

2.1 Maximum Term of Option. In no event may the Option be exercised, in whole or in
part, after 5:00 p.m., Minneapolis time, on the date, which is eight (8) years after the Option
Date (the “Expiration Date”).

2.2 Exercise of Option. Except as otherwise provided in the Plan, the Option shall
become exercisable with respect to (i) 33.33% of the aggregate number of shares of Stock (rounded
down to the nearest whole Shares) subject to the Option on December 10, 2008 (the “First Exercise
Date”); (ii) with respect to 33.33% of the aggregate number of shares of Stock (rounded down to the
nearest whole Shares) subject to the Option on December 10, 2009 (the “Second Exercise Date”); and
(iii) with respect to the remaining aggregate number of shares of Stock subject to the Option on
December 10, 2010 (the “Third Exercise Date”); (the First Exercise Date, the Second Exercise Date,
and the Third Exercise Date each being referred to herein as an “Exercise Date”).

2.3 Method of Exercise. Subject to the limitations set forth in this Agreement, the
Option may be exercised (i) by giving written notice to the Secretary of the Company or the
Secretary’s designee, specifying the number of whole shares to be purchased and accompanied by the
payment therefore in full in cash or, if permitted by the Compensation Committee, (A) in previously
owned whole shares of Stock (for which the Employee has good title, free and clear of all liens and
encumbrances) having a fair market value, determined as of the date of exercise, equal to the
aggregate purchase price payable pursuant to the Option by reason of such exercise, (B) in cash by
a broker-dealer to whom the Employee has submitted an irrevocable notice of exercise, or (C) a
combination of cash and Stock as described in this Section; and (ii) by executing such documents as
the Company may reasonably request. No shares shall be issued until the full purchase price and
all applicable taxes have been paid.

2.4 Termination of Option. In no event may the Option be exercised after it
terminates as set forth in this Section 2.4. The Option shall terminate on its Expiration Date, or
earlier to the extent not exercised pursuant to Section 2.2 and pursuant to Section 6.10 of the
Plan, except that upon Voluntary Termination with Good Reason or Involuntary Termination without
Cause, of such Employee’s service with the Company, any Option held by such Employee will vest and
be exercisable throughout the term of the grant. For purpose of this Agreement “Good Reason” shall
exist if the Company, without Participant’s written consent: (i) materially reduces the nature,
scope, level or extent of Participant’s responsibilities; (ii) reduces Participant’s salary; (iii)
gives written notice to the Participant not to extend the Term of any Employment Agreement in
effect; or (iv) relocates Participant’s principal business office to a location which is more than
fifty (50) miles from both (A) Participant’s principal business office immediately prior to such
relocation and (B) Participant’s principal place of residence at the time of such relocation. For
the purposes of this Agreement, “Cause” shall mean Participant’s: (i) indictment or plea of guilty
or nolo contendere involving any felony or gross misdemeanor involving dishonesty, fraud,
or breach of trust under any law of the United States or any State thereof; (ii) willful engagement
in any conduct or gross negligence that in either case materially injures the Company or any of its
subsidiaries; or (iii) willful and substantial nonperformance of assigned duties, provided that
such nonperformance has continued more than ten days after the Company has given written notice of
such nonperformance and of its intention to terminate Participant’s employment because of such
nonperformance. Upon Voluntary Termination without Good Reason of such Employee’s service with the
Company, any Option held by such Employee may thereafter be exercised to the extent it was
exercisable at the time of such termination, but may not be exercised after one year after such
termination, or the expiration of the stated term of the Option, whichever period is the shorter.
In the event an Employee’s Service with the Company is terminated for Cause, all unexercised
Options granted to such Employee shall immediately terminate. In the event that the Employee shall
forfeit rights to purchase all or a portion of the shares to which this Option relates, the
Employee shall, within 10 days of the date of the Company’s written request, return this Agreement
to the Company for cancellation.

2.5 Change in Control. Notwithstanding any other provisions as outlined in the Plan,
and unless otherwise specifically prohibited under applicable laws, or by the rules and regulations
of any governing governmental agencies or national securities exchanges, upon a Change in
Control any and all outstanding Options will become immediately exercisable and will remain
exercisable throughout their entire term.

3. Restrictive Covenants.

If the Participant breaches any non-disclosure, non-compete, non-solicitation provisions
pursuant to Sections 3.1, 3.2 and 3.3 or other provisions of this Agreement, whether during or
after termination of Service, in addition to any other penalties or restrictions that may apply
under any employment agreement, state law, or otherwise, the Participant will forfeit any and all
Options or shares of Stock granted to him or her under this Agreement, including shares of Stock
that have been distributed upon exercise of Options. In the event that the Participant shall
forfeit rights to any shares of Stock to which the Options relate, the Participant shall, within 10
days of the date of the Company’s written request, return this Agreement, any shares of Stock or
any certificates to the Company for cancellation.

3.1 Non-Disclosure. Participant agrees not to directly or indirectly, without the
Company’s prior written consent: (i) use or disclose, for the benefit of any person, firm or entity
other than the Company and its subsidiaries, the Confidential Business Information of the Company
or any of its subsidiaries; (ii) distribute or disseminate in any way to any person, firm or
entity anyone other than the Company and its subsidiaries, any Confidential Business Information in
any form whatsoever; (iii) copy any Confidential Business Information other than for use by the
Company or any of its subsidiaries; (iv) remove any Confidential Business Information from the
premises of the Company; (v) fail to safeguard all confidential documents; and (vi) copy any
confidential documents belonging to any of the Company’s customers. For purposes of this
Agreement, “Confidential Business Information” means information or material that is not generally
available to or used by others or the utility or value of which is not generally known or
recognized as a standard practice, whether or not the underlying details are in the public domain,
including but not limited to its computerized and manual systems, procedures, reports, client
lists, review criteria and methods, financial methods and practices, plans, pricing and marketing
techniques, business methods and procedures and other valuable and proprietary information relating
to the pricing, marketing, design, manufacture and formulation of educational software, as well as
information regarding the past, present and prospective clients of the Company or any of its
subsidiaries, and their particular needs and requirements, and their own confidential information.
Upon termination of employment for any reason, Participant agrees to return to the Company all
policy and procedure manuals, records, notes, data, memoranda, and reports of any nature (including
computerized and electronically stored information) which are in Participant’s possession and/or
control which relate to (i) the Confidential Business Information of the Company or any of its
subsidiaries, (ii) the business activities or facilities of the Company or its past, present, or
prospective clients.

3.2 Non-Compete. During the period of Participant’s Service and for a period of one
(1) year following termination of this Agreement and Participant’s employment for any reason (the
“Restricted Period”), Participant will not directly or indirectly, on his or her behalf, or as a
partner, officer, director, trustee, member, employee, or otherwise, within the United States or in
any foreign market in which Participant was engaged in activities on behalf of the Company or any
of its subsidiaries, own, engage in or participate in, in any way, any business that is similar to
or competitive with any actual or planned business activity engaged in or planned by the Company or
any of its subsidiaries at the time the Participant was terminated. However, this Agreement shall
not prohibit ownership by Participant of up to 2% of the shares of stock of any corporation the
stock of which is listed on a national securities exchange or is traded in the over-the-counter
market.

3.3 Non-Solicitation. During the Restricted Period, Participant will not directly or
indirectly, for the purpose of selling services and/or products provided or planned by the Company
or any of its subsidiaries at the time the Participant’s employment was terminated, call upon,
solicit or divert any actual customer or prospective customer of the Company or any of its
subsidiaries, unless employed by the Company to do so. An actual customer, for purposes of this
Section, is any customer to whom the Company or any of its subsidiaries has provided services
and/or products within one year prior to Participant’s termination of employment. A prospective
customer, for purposes of this Section, is any prospective customer to whom the Company or any of
its subsidiaries sought to provide services and/or products within one year prior to the date of
Participant’s termination of employment when Participant had knowledge of or was involved in such
solicitation. Participant further agrees that during the Restricted Period Participant shall not
directly or indirectly induce any person to leave the employ of the Company or any of its
subsidiaries, or solicit any person who is currently or was an employee of the Company or any of
its subsidiaries at any time during the twelve months prior to Participant’s termination of
employment.

3.4 Judicial Modification. If the final judgment of a court of competent jurisdiction
declares that any term or provision of this Agreement is invalid or unenforceable, the parties
agree that (i) the court making the determination of invalidity or unenforceability shall have the
power to reduce the scope, duration, or geographic area of the term or provision, to delete
specific words or phrases, or to replace any invalid or unenforceable term or provision with a term
or provision that is valid and enforceable and that comes closest to expressing the intention of
the invalid or unenforceable term or provision, (ii) the parties shall request that the court
exercise that power, and (iii) this Agreement shall be enforceable as so modified after the
expiration of the time within which the judgment or decision may be appealed.

4. Additional Terms and Conditions of Option.

4.1 Withholding Taxes. As a condition precedent to any exercise of the Option, the
Employee shall, upon request by the Company, pay to the Company in addition to the purchase price
of the shares such amount of cash as the Company may be required to withhold, under all applicable
federal, state or local laws or regulations. The employee will recognize ordinary income at the
time of exercise in an amount equal to the excess, if any, of the fair market value of a share of
Common Stock at the time of exercise over the option price, multiplied by the number of shares as
to which the option is exercised. The Employee may elect, by written notice to the Company, to
satisfy part or all of the withholding tax requirements associated with the exercise by delivering
to the Company from shares of Stock already owned by the Employee, that number of shares having an
aggregate Fair Market Value equal to part or all of the tax payable by the Employee under this
Section 4.1. Any such election shall be in accordance with, and subject to, applicable tax and
securities laws, regulations and rulings.

4.2 Agreement Subject to Plan. This Agreement is subject to the provisions of the
Plan, and shall be interpreted in accordance therewith, except where specifically provided
otherwise in this Agreement. The Employee hereby acknowledges receipt of a copy of the Plan.

PLATO LEARNING, INC.

By:

[Company Executive]

Accepted this      day of

     , 200

     

[Name]EX-10.31

Exhibit 10.31

PLATO LEARNING, INC.

2006 STOCK INCENTIVE PLAN

PERFORMANCE SHARE AWARD AGREEMENT

PLATO Learning, Inc., a Delaware corporation (the “Company”), hereby grants to [Name]
(the “Participant”) on this [Date] (the “Grant Date”) a Performance Share Award subject to
the terms and conditions set forth herein and pursuant to the provisions of the PLATO Learning,
Inc. 2006 Stock Incentive Plan (the “Plan”) and the Participant Annual Equity Incentive
Plan (“Annual Incentive Plan”). Any term capitalized herein, but not defined, will have the
meaning set forth in the Plan.

1. Performance Share Award Subject to Acceptance of Agreement.

The Award of any Performance Share pursuant to this Agreement will be null and void unless the
Participant accepts this Agreement by executing it in the space provided below and returning it to
the Company within thirty (30) days following the Grant Date.

2. Terms of Performance Share Award.

2.1 Number of Performance Shares. In accordance with the terms of the Plan and
subject to the terms and conditions of this Agreement, the Company hereby grants to the Participant
(the “Award”) an aggregate of [Number] Performance Shares. Each Performance Share represents the
right to receive a distribution of one share of the Company’s Common Stock, par value $.01 per
share (each, a “Share”) upon such Performance Share becoming vested in accordance with Section 2.2
and 2.3.

2.2 Vesting of Performance Shares. Except as otherwise provided herein and in Section
2.3, the Performance Shares will vest and become nonforfeitable as follows: (1) 33.3% of the
Performance Shares (rounded down to the nearest whole Share) shall be immediately vested as of the
Grant Date; (2) 33.3% of the Performance Shares (rounded down to the nearest whole Share) will vest
on December 10, 2009 so long as the Participant has remained continuously employed up to and
including such date; and (3) the remaining Performance Shares will vest on December 10, 2010 so
long as the Participant has remained continuously employed up to and including such date.

	 	2.3	 	Termination of Service.

2.3 (a) Death, Disability, or Retirement. In the event a Participant’s employment
with the Company and any Affiliate terminates by reason of Death, Disability, or Retirement any
Performance Shares unvested at the time of the Participant’s termination by reason of Death,
Disability, or Retirement, shall be forfeited.

2.3 (b) Voluntary Termination without Good Reason or Involuntary Termination with
Cause. For purpose of this Agreement “Good Reason” shall exist if the Company, without
Participant’s written consent: (i) materially reduces the nature, scope, level or extent of
Participant’s responsibilities; (ii) reduces Participant’s salary; (iii) gives written notice to
the Participant not to extend the Term of any Employment Agreement in effect; or (iv) relocates
Participant’s principal business office to a location which is more than fifty (50) miles from both
(A) Participant’s principal business office immediately prior to such relocation and (B)
Participant’s principal place of residence at the time of such relocation. For the purposes of
this Agreement, “Cause” shall mean Participant’s: (i) indictment or plea of guilty or nolo
contendere involving any felony or gross misdemeanor involving dishonesty, fraud, or breach of
trust under any law of the United States or any State thereof; (ii) willful engagement in any
conduct or gross negligence that in either case materially injures the Company or any of its
subsidiaries; or (iii) willful and substantial nonperformance of assigned duties, provided that
such nonperformance has continued more than ten days after the Company has given written notice of
such nonperformance and of its intention to terminate Participant’s employment because of such
nonperformance. Upon Voluntary Termination without Good Reason or Involuntary Termination
with Cause any Performance Shares unvested at the time of the Participant’s termination by reason
of Voluntary Termination without Good Reason or Involuntary Termination with Cause, shall be
forfeited.

2.3 (c) Voluntary Termination with Good Reason or Involuntary Termination without
Cause. In the event a Participant’s employment with the Company and any Affiliate is
Voluntarily Terminated with Good Reason or Involuntarily Terminated without Cause, at any time
prior to the last vesting date of the Performance Shares, all remaining unvested Performance Shares
shall vest.

2.3 (d) Change in Control. If at any time prior to the last vesting date of the
Performance Shares there is a Change in Control, the Performance Shares shall immediately vest.

2.4 Timing and Form of Payout. Within five business days following a Performance
Share becoming vested pursuant to Section 2.2 and 2.3, the Participant shall receive a distribution
of one corresponding Share.

2.5 Withholding Taxes. The Company will have the right to deduct or withhold, or
require the Participant to remit to the Company, the minimum amount necessary to satisfy federal,
state, and local taxes, domestic or foreign, as required by law or regulation to be withheld with
respect to any taxable event arising under this Plan, including by withholding Shares otherwise
distributable to the Participant pursuant to this Agreement.

3. Restrictive Covenants.

If the Participant breaches any non-disclosure, non-compete, non-solicitation provisions
pursuant to Sections 3.1, 3.2 and 3.3 or other provisions of this Agreement, whether during or
after termination of Service, in addition to any other penalties or restrictions that may apply
under any employment agreement, state law, or otherwise, the Participant will forfeit any and all
Performance Shares granted to him or her under this Agreement, including Shares that have been
distributed upon vesting of Performance Shares. In the event that the Participant shall forfeit
rights to any Shares to which the Performance Shares relate, the Participant shall, within 10 days
of the date of the Company’s written request, return this Agreement to the Company for
cancellation.

3.1 Non-Disclosure. Participant agrees not to directly or indirectly, without the
Company’s prior written consent: (i) use or disclose, for the benefit of any person, firm or entity
other than the Company and its subsidiaries, the Confidential Business Information of the Company
or any of its subsidiaries; (ii) distribute or disseminate in any way to any person, firm or
entity anyone other than the Company and its subsidiaries, any Confidential Business Information in
any form whatsoever; (iii) copy any Confidential Business Information other than for use by the
Company or any of its subsidiaries; (iv) remove any Confidential Business Information from the
premises of the Company; (v) fail to safeguard all confidential documents; and (vi) copy any
confidential documents belonging to any of the Company’s customers. For purposes of this
Agreement, “Confidential Business Information” means information or material that is not generally
available to or used by others or the utility or value of which is not generally known or
recognized as a standard practice, whether or not the underlying details are in the public domain,
including but not limited to its computerized and manual systems, procedures, reports, client
lists, review criteria and methods, financial methods and practices, plans, pricing and marketing
techniques, business methods and procedures and other valuable and proprietary information relating
to the pricing, marketing, design, manufacture and formulation of educational software, as well as
information regarding the past, present and prospective clients of the Company or any of its
subsidiaries, and their particular needs and requirements, and their own confidential information.
Upon termination of employment for any reason, Participant agrees to return to the Company all
policy and procedure manuals, records, notes, data, memoranda, and reports of any nature (including
computerized and electronically stored information) which are in Participant’s possession and/or
control which relate to (i) the Confidential Business Information of the Company or any of its
subsidiaries, (ii) the business activities or facilities of the Company or its past, present, or
prospective clients.

3.2 Non-Compete. During the period of Participant’s Service and for a period of one
(1) year following termination of this Agreement and Participant’s employment for any reason (the
“Restricted Period”), Participant will not directly or indirectly, on his or her behalf, or as a
partner, officer, director, trustee, member, employee, or otherwise, within the United States or in
any foreign market in which Participant was engaged in activities on behalf of the Company or any
of its subsidiaries, own, engage in or participate in, in any way, any business that is similar to
or competitive with any actual or planned business activity engaged in or planned by the Company or
any of its subsidiaries at the time the Participant was terminated. However, this Agreement shall
not prohibit ownership by Participant of up to 2% of the shares of stock of any corporation the
stock of which is listed on a national securities exchange or is traded in the over-the-counter
market.

3.3 Non-Solicitation. During the Restricted Period, Participant will not directly or
indirectly, for the purpose of selling services and/or products provided or planned by the Company
or any of its subsidiaries at the time the Participant’s employment was terminated, call upon,
solicit or divert any actual customer or prospective customer of the Company or any of its
subsidiaries, unless employed by the Company to do so. An actual customer, for purposes of this
Section, is any customer to whom the Company or any of its subsidiaries has provided services
and/or products within one year prior to Participant’s termination of employment. A prospective
customer, for purposes of this Section, is any prospective customer to whom the Company or any of
its subsidiaries sought to provide services and/or products within one year prior to the date of
Participant’s termination of employment when Participant had knowledge of or was involved in such
solicitation. Participant further agrees that during the Restricted Period Participant shall not
directly or indirectly induce any person to leave the employ of the Company or any of its
subsidiaries, or solicit any person who is currently or was an employee of the Company or any of
its subsidiaries at any time during the twelve months prior to Participant’s termination of
employment.

3.4 Judicial Modification. If the final judgment of a court of competent jurisdiction
declares that any term or provision of this Agreement is invalid or unenforceable, the parties
agree that (i) the court making the determination of invalidity or unenforceability shall have the
power to reduce the scope, duration, or geographic area of the term or provision, to delete
specific words or phrases, or to replace any invalid or unenforceable term or provision with a term
or provision that is valid and enforceable and that comes closest to expressing the intention of
the invalid or unenforceable term or provision, (ii) the parties shall request that the court
exercise that power, and (iii) this Agreement shall be enforceable as so modified after the
expiration of the time within which the judgment or decision may be appealed.

4. Transferability of Performance Shares. The Performance Shares awarded under this
Agreement are transferable only by will or the laws of descent and distribution, or pursuant to a
domestic relations order (as defined in Code Section 414(p)).

5. Securities Law Requirements. If at any time the Committee determines that issuing
Shares pursuant to the Award would violate applicable securities laws, the Company will not be
required to issue Shares. With respect to individuals subject to Section 16 of the Exchange Act,
transactions under this Agreement are intended to comply with all applicable conditions of Rule
16b-3, or its successors under the Exchange Act. To the extent any provision of the Agreement or
action by the Committee fails to so comply, the Committee may determine, to the extent permitted by
law, that the provision or action will be null and void.

6. No Limitation on Rights of the Company. The grant of a Performance Share will not
in any way affect the right or power of the Company to make adjustments, reclassification, or
changes in its capital or business structure, or to merge, consolidate, dissolve, liquidate, sell,
or transfer all or any part of its business or assets.

7. Plan and Performance Shares Not a Contract of Employment. Neither the Plan nor
this Agreement is a contract of employment, and no terms of employment of the Participant will be
affected in any way by the Plan, this Agreement, or related instruments except as specifically
provided therein. Neither the establishment of the Plan nor this Agreement will be construed as
conferring any legal rights upon the Participant for a continuation of employment, nor will it
interfere with the right of the Company or any Affiliate to discharge the Participant and to treat
him or her without regard to the effect that treatment might have upon him or her as a Participant.

8. Participant to Have No Rights as a Stockholder. The Participant will have no
rights as a stockholder with respect to any Performance Share until such Performance Shares has
been satisfied with a distribution of a corresponding Share and the Participant is recorded as the
holder of such shares of common stock on the records of the Company.

9. Notice. Any notice or other communication required or permitted hereunder must be
in writing and must be delivered personally, or sent by certified, registered, or express mail,
postage prepaid. Any such notice will be deemed given when so delivered personally or, if mailed,
three days after the date of deposit in the United States mail, in the case of the Company to 10801
Nesbitt Avenue South, Bloomington, Minnesota, 55437, Attention: Corporate Secretary and, in the
case of the Participant, to the last known address of the Participant in the Company’s records.

10. Governing Law. This Agreement and the Performance Share Award will be construed
and enforced in accordance with, and governed by, the laws of the State of Minnesota, determined
without regard to its conflict of law rules. The Company and the Participant agree that the
jurisdiction and venue for any disputes arising under this Agreement or any action brought to
enforce (or otherwise relating to) this Award Agreement shall be exclusively in the courts in the
State of Minnesota, County of Hennepin, including the Federal Courts located therein, should
Federal jurisdiction exist.

11. Plan Document Controls. The rights granted under this Agreement are in all
respects subject to the provisions of the Plan to the same extent and with the same effect as if
they were set forth fully herein. If the terms of this Agreement conflict with the terms of the
Plan document, the Plan document will control.

PLATO LEARNING, INC.

	 	 	 	 	 
	By:
	 	 	—	 
	   Michael A. Morache

	   President and Chief Participant Officer

Accepted this      day of

     , 200     

[NAME]

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