Document:

<PAGE>

                                                                   EXHIBIT 10.62

                VERITAS 2002 EXECUTIVE OFFICER COMPENSATION PLAN

                                  - Name, Title

The 2002 Executive Officer Annual Compensation Plan shall consist of the
following components:

<TABLE>
<CAPTION>
COMPONENT                         AMOUNT          PAID
---------                         -------         ---------------
<S>                               <C>             <C>
Base Salary                       $0,000          Regular payroll
EPS Bonus                         $0,000          Annually
Revenue Bonus                     $0,000          Annually
                 TOTAL            $0,000
</TABLE>

BASE SALARY

The Base Salary will be paid on a semi-monthly basis.

EPS BONUS

Achieving the earnings per share specified in the approved operating plan shall
fund the EPS Bonus pool. The pool shall be funded in accordance with the
following plan:

<TABLE>
<CAPTION>
            PERFORMANCE                                PAYOUT
            -----------                                ------
<S>                                                    <C>
               <90%                                      0
                90%                                     75%
                95%                                     90%
               100%                                     100%
               105%                                     115%
               110%                                     150%
               115%                                     200%
               120%                                     250%
               >120%                                    250%
</TABLE>

Any intermediate achievement between levels will earn a proportional amount of
bonus.

REVENUE GROWTH BONUS

Achieving the revenue growth specified in the approved operating plan shall fund
the Revenue Growth Bonus pool. The pool shall be funded in accordance with the
following plan:

<TABLE>
PERFORMANCE     PAYOUT       PERFORMANCE        PAYOUT
-----------     ------       -----------        ------
<S>             <C>          <C>                <C>
    <80%          0%            120%             145%
    80%           50%           130%             160%
    90%           75%           140%             175%
    95%           90%           150%             190%
    100%         100%           160%             205%
    110%         115%           167%             250%
    115%         130%           >167%            250%
</TABLE>

Any intermediate achievement between levels will earn a proportional amount of
bonus.

PAYMENTS

Actual bonus payments will be determined by measurement of individual
performance. The CEO shall be responsible for setting recommendations and
presenting to the Compensation Committee for approval.

ELIGIBILITY

In order to be eligible to receive a bonus, the individual must be employed by
Veritas at the time of payment.

DISCRETION OF THE CEO AND BOARD OF DIRECTORS

Notwithstanding the above, the Company's CEO and/or board of directors, at
his/its sole discretion, may, for reasonable cause, modify or change this Plan
or its implementation at any time.

------------------------ --------           --------------------------- --------
VERITAS                  Date               Mr./Ms.                     Date<PAGE>

                                                                   EXHIBIT 10.63

                    FORM OF 2002 VERITAS VP PERFORMANCE-BASED
                      EMPLOYEE INCENTIVE BONUS PLAN (EIBP)

ELIGIBILITY:

- VP and above employees not on EPS or revenue-based plans are eligible to
  participate in the EIBP Plan.

- Actual receipt of performance-based bonus requires being employed by VERITAS
  on date of payment.

PLAN OVERVIEW:

- Bonuses are performance-based and will be paid on a semi annual basis. The
  pool will be determined based upon a target percentage of the semi annual base
  salary for all participants in the plan. The target bonus has been established
  at 25% of annual base salary.

- The EIBP Plan pool is based upon VERITAS proforma operating profit performance
  as follows:

<TABLE>
<CAPTION>
                               Performance              % of EIBP pool
                               -----------              --------------
<S>                                                     <C>
                                   <90%                     50%
                                    90%                     90%
                                   100%                    100%
                                   110%                    125%
                                   120%                    200%
                                  >120%                    200%
</TABLE>

        - Any intermediate achievement between levels will earn a proportional
          amount (for example, earnings of 105% would earn 112.5%).

        - Employees who join VERITAS (or are promoted to a bonus eligible
          position) during the six month period will be eligible for a pro-rated
          bonus, provided their hire date or promotion date is no less than one
          month from the end of the semi annual period.

                - Example: A Division Executive has four eligible employees. If
                  100% of the profit target were achieved, the pool funds at 25%
                  of the eligible salaries of the employees. The Executive has
                  the discretion to allocate to the eligible employees based
                  upon individual performance and contribution to the
                  organization. Where the Executive chooses to award above
                  target bonuses, the pool is reduced for the remaining eligible
                  employees. In this way, the bonus program closely resembles
                  the merit increase and annual stock programs. If operating
                  profit achievement exceeds 100%, the bonus pool will increase.
                  Conversely, if operating profit achievement is lower than
                  expected, the bonus pool will decrease.

        - The Company's CEO and/or board of directors, at his/its sole
          discretion, may, for reasonable cause, modify or change this Plan or
          its implementation at any time.<PAGE>
                                                                   EXHIBIT 10.39

* Certain information on this document has been omitted and filed separately
with the Commission. Confidential treatment has been requested with respect to
the omitted portions.

                     AMENDMENT TO 1996 INTELLECTUAL PROPERTY

                        LICENSE AGREEMENT BY AND BETWEEN

                    IMMERSION CORPORATION AND LOGITECH, INC.

        WHEREAS Immersion Corporation, a Delaware Corporation with principal
offices in San Jose, California (hereinafter "Immersion") and Logitech, Inc., a
California corporation with principal offices in Fremont, California
(hereinafter "Logitech"), entered into an Intellectual Property License
Agreement dated October 4, 1996, as amended, (hereinafter the "IP License
Agreement"); and

        WHEREAS Immersion and Logitech desire to revise the royalty structure in
the IP License Agreement;

        NOW THEREFORE, Immersion and Logitech hereby agree to the following:

        1. Effective as of the Quarter beginning on July 1, 2001 the IP License
Agreement is hereby amended as follows:

                A. Section 3.2 "Per Product Model Royalty" is deleted in its
        entirety and replaced with the following:

        "3.2 Royalty Calculation.

                (a) Effective with the Quarter beginning on July 1, 2001 through
        the Quarter ending on March 31, 2002, [****] Affiliates to unrelated
        third parties (other than Logitech or Logitech Affiliates) in arms
        length transactions, during such Quarters.

                (b) Commencing with the Quarter beginning on April 1, 2002 and
        thereafter during the term of the IP License Agreement, royalties for
        each Logitech fiscal year will be calculated quarterly on Net Receipts
        from sales of Royalty Bearing Products using the royalty rates based on
        the schedule below. [****]. Shipment of Royalty Bearing Products between
        Logitech and the Logitech Affiliates or between Logitech Affiliates will
        not be considered to be sold or otherwise transferred until sold to an
        unrelated customer of Logitech or a Logitech Affiliate.

<TABLE>
<S>                                                        <C>
                  [****]                                    [****]

                  [****]                                    [****]
                  [****]                                    [****]
                  [****]                                    [****]
                  [****]                                    [****]
</TABLE>

<PAGE>

* Certain information on this page has been omitted and filed separately
with the Commission. Confidential treatment has been requested with respect to
the omitted portions.

                (c) For sake of clarity and example only, the following royalty
        calculation is included for reference:

A Logitech fiscal year ("Year") is defined as April 1 through March 31,
beginning with Calendar Q2 and ending with Calendar Q1 of the following year.

                [****]

                B. Section 3.4 "Payments and Reports" is deleted in its entirety
        and replaced with the following:

        "3.4 Payments and Reports.

        The royalties to be paid by Logitech to Immersion hereunder shall be due
forty-five (45) days after the close of each Quarter. Royalty reports setting
forth the royalty calculation shall be included with such payments. Each such
report will identify (i) the names of all Royalty Bearing Products sold in the
subject Quarter, (ii) the total Net Receipts and number of units sold for the
subject Quarter of joysticks, gamepads, wheels, and other similar categories of
gaming devices designed for use with PCs, and (iii) the total Net Receipts and
number of units sold for the subject Quarter of joysticks, gamepads, wheels, and
other similar categories of gaming devices designed for use with game consoles.
Logitech will pay and account to Immersion for royalties due hereunder with
respect to sales or other disposition of Royalty Bearing Products by any
Logitech Affiliates, and for that purpose, sales of Royalty Bearing Products by
any Logitech Affiliate (other than sales or other disposition by an Affiliate to
Logitech or to another Logitech Affiliate) will be deemed to be sales by
Logitech."

        Except as specifically amended herein, in all other respects, the IP
License Agreement will remain in full force and effect. This Amendment along
with the IP License Agreement constitutes the complete agreement of the parties
concerning the subject matter hereof, and supersedes any other agreements,
promises, representations or discussions, written or oral, concerning such
subject matter. This Agreement may be executed in several counterparts, all of
which taken together shall constitute one single agreement between the parties.
This Amendment will be of no force or effect until signed by an authorized
representative of each of the parties.

        IN WITNESS WHEREOF, THE AUTHORIZED REPRESENTATIVES OF THE PARTIES HERETO
HAVE SIGNED THIS AMENDMENT AS OF THE DATE AND YEAR SET FORTH BELOW.

LOGITECH INC.                                     IMMERSION CORPORATION

By:
   -------------------------                      By:
                                                     -------------------------
Name:
     -----------------------                      Name:
                                                       -----------------------
Title:
      ----------------------                      Title:
                                                        ----------------------
Date:
     -----------------------                      Date:
                                                       -----------------------

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