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                                                                    EXHIBIT 10.2

                              LAWSON SOFTWARE, INC.
                            2001 STOCK INCENTIVE PLAN
                     (AMENDED AND RESTATED AUGUST 15, 2001)

SECTION 1.  PURPOSE OF THE PLAN.

         This Plan shall be known as the "Lawson Software, Inc. 2001 Stock
Incentive Plan" and is hereinafter referred to as the "Plan." The purpose of
this Plan is to promote the interests of the Company and its stockholders by
aiding in maintaining and developing employees, officers, consultants,
independent contractors and non-employee directors capable of assuring the
future success of Lawson Software, Inc., a Delaware corporation (the "Company"),
to offer such persons additional incentives to put forth maximum efforts for the
success of the business, and to afford them an opportunity to acquire a
proprietary interest in the Company through stock options and restricted stock
grants as provided herein. Options granted under this Plan may be either
incentive stock options ("Incentive Stock Options") within the meaning of
Section 422 of the United States Internal Revenue Code of 1986, as amended (the
"Code"), or options which do not qualify as Incentive Stock Options.

SECTION 2.  STOCK SUBJECT TO THE PLAN.

         (a) Subject to adjustment as provided in Section 11, the maximum number
of shares (the "Shares") of the Company's common stock, par value $.01 per share
(the "Common Stock") granted as restricted stock, Shares on which options may be
exercised under this Plan and Shares available for granting Incentive Stock
Options under this Plan shall not exceed in the aggregate 35,000,000, subject to
adjustment as provided in Section 11 and subject to the provisions of Section
422 or 424 of the Code or any successor provision. The aggregate number of
Shares of Common Stock subject to awards granted under this Plan in any fiscal
year of the Company shall not exceed the lower of 5,000,000 Shares or five
percent (5%) of the then currently outstanding shares of Common Stock of the
Company. The Shares may be either authorized but unissued shares of Common
Stock, or issued shares of Common Stock which have been reacquired by the
Company. If an option or restricted stock grant under this Plan expires or for
any reason is terminated or expires unexercised with respect to any Shares, such
Shares shall again be available for options or restricted stock awards
thereafter granted during the term of this Plan.

         (b) No person may be granted any award or awards under this Plan, the
value of which is based solely on an increase in the value of the Shares after
the date of grant, for more than 4,161,000 Shares (subject to adjustment as
provided for in Section 11) in the aggregate in any calendar year. The foregoing
annual limitation specifically includes the grant of any award or awards
representing "qualified performance-based compensation" within the meaning of
Section 162(m) of the Code.

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SECTION 3.  ADMINISTRATION OF PLAN.

         (a) This Plan shall be administered by the Board of Directors of the
Company or a committee of three or more directors of the Company. The members of
such committee shall be appointed by and serve at the pleasure of the Board of
Directors. Such committee shall consist of not less than that number of
directors that shall be required to permit options or restricted stock granted
under this Plan to qualify under Rule 16b-3 (or any successor rule or
regulation) promulgated by the Securities and Exchange Commission under the
Securities Exchange Act of 1934, as amended, each of whom shall be a
"Non-Employee Director" within the meaning of such Rule. If the Company is
subject to Section 162(m) of the Code, the Company expects to have this Plan
administered in accordance with the requirements for the award of "qualified
performance-based compensation" within the meaning of such Section and each
member of such Committee shall be an "outside director" within the meaning of
such Section. If any such committee is established, the Board of Directors may,
at any time and from time to time, without any further action of such committee,
exercise the powers and duties of such committee under this Plan. The group
administering this Plan at any time shall be referred to herein as the
"Committee."

         (b) The Committee shall have plenary authority in its discretion, but
subject to the express provisions of this Plan, (i) to determine the persons to
whom and the time or times at which options or restricted stock shall be granted
and the number of Shares to be subject to each option or grant of restricted
stock, (ii) to determine the purchase price of the Shares covered by each
option, (iii) to determine the terms and conditions of each option and grant of
restricted stock, (iv) to accelerate the time at which all or any part of an
option may be exercised or at which all or any part of the restrictions with
respect to restricted stock shall lapse, (v) to amend or modify the terms of any
option or restricted stock grant with the consent of the holder of the option or
restricted stock, (vi) to interpret this Plan, (vii) to prescribe, amend and
rescind rules and regulations relating to this Plan, (viii) to determine the
terms and provisions of each option and restricted stock agreement with respect
to options and restricted stock granted under this Plan (which agreements need
not be identical), including the designation of those options intended to be
Incentive Stock Options, and (ix) to make all other determinations necessary or
advisable for the administration of this Plan, subject to the exclusive
authority of the Board of Directors under Section 13 to amend or terminate this
Plan. The Committee's determinations on the foregoing matters, unless otherwise
disapproved by the Board of Directors of the Company, shall be final and
conclusive.

         (c) The Committee shall select one of its members as its Chair and
shall hold its meetings at such times and places as it may determine. A majority
of its members shall constitute a quorum. All determinations of the Committee
shall be made by not less than a majority of its members. Any decision or
determination that is set forth in a written document and signed by all of the
members of the Committee shall be fully effective as if it had been made by a
majority vote at a meeting duly called and held. The Committee may appoint a
Secretary and may make such rules and regulations for the conduct of its
business as it shall deem advisable.

         (d) Subject to the provisions of Article 16 of the Plan, in order to
assure the viability of options granted to recipients employed in foreign
countries, the Committee may provide for such special terms as it may consider
necessary or appropriate to accommodate differences in local law, tax policy, or
custom. Moreover, the Committee may approve such supplements to, or

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amendments, restatements, or alternative versions of the Plan as it may consider
necessary or appropriate for such purposes without thereby affecting the terms
of the Plan as in effect for any other purpose; provided, however, that no such
supplements, amendments, restatements, or alternative versions shall increase
the share limitations contained in Section 2 of the Plan.

SECTION 4.  ELIGIBILITY.

         Incentive Stock Options may only be granted under this Plan to any full
or part-time employee (which term as used herein includes, but is not limited
to, officers and directors who are also employees) of the Company and of its
present and future subsidiary corporations (herein called "subsidiaries") that
qualify as "subsidiary corporations" of the Company within the meaning of
Section 424(f) of the Code or any successor provision. Full and part-time
employees of the Company and its subsidiaries, members of the Board of Directors
of the Company or one of its subsidiaries who are not also employees thereof,
and consultants or independent contractors providing valuable services to the
Company or one of its subsidiaries who are not also employees thereof shall be
eligible to receive options which do not qualify as Incentive Stock Options and
to receive grants of restricted stock. In determining the persons to whom
options or restricted stock grants shall be granted and the number of Shares
subject to each option or grant, the Committee may take into account the nature
of services rendered by the respective persons, their present and potential
contributions to the success of the Company and such other factors as the
Committee in its discretion shall deem relevant. A person who has been granted
an option or restricted stock grant under this Plan may be granted an additional
options or restricted stock grants under this Plan if the Committee shall so
determine; provided, however, that to the extent the aggregate fair market value
(determined at the time the Incentive Stock Option is granted) of the Shares
with respect to which all Incentive Stock Options are exercisable for the first
time by an employee during any calendar year (under all plans described in
Section 422 of the Code of his or her employer corporation and its parent and
subsidiary corporations described in Section 424(e) or 424(f) of the Code)
exceeds $100,000, such options shall be treated as options which do not qualify
as Incentive Stock Options. Incentive Stock Options may only be granted under
this Plan within ten years from the date on which this Plan was adopted by the
Board of Directors.

SECTION 5.  RESTRICTED STOCK GRANTS.

         (a) Each restricted stock award made under this Plan shall be for such
number of Shares as the Committee shall determine. Shares of restricted stock
shall be subject to such restrictions as the Committee may impose (including,
without limitation, a waiver by the recipient of the restricted stock of the
right to vote or to receive any dividend or other right or property with respect
thereto), which restrictions may lapse separately or in combination at such time
or times, in such installments or otherwise as the Committee may deem
appropriate. Each restricted stock award shall be set forth in an agreement
setting forth the terms of such award.

         (b) Except as otherwise determined by the Committee, upon termination
of employment or other service (as determined under criteria established by the
Committee) during the applicable restriction period, all Shares of restricted
stock at such time subject to restriction shall be forfeited and reacquired by
the Company; provided, however, that the Committee may, when it finds that a
waiver would be in the best interest of the Company, waive in whole or in part
any or all remaining restrictions with respect to Shares of restricted stock.

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         (c) At the time of a restricted stock award, a certificate representing
the number of Shares awarded thereunder shall be registered in the name of the
grantee. The certificate shall be held by the Company or any custodian appointed
by the Company for the account of the grantee subject to the terms and
conditions of this Plan, and shall bear an appropriate legend referring to the
terms, conditions and restrictions applicable to such restricted stock. The
grantee shall not be entitled to delivery of the stock certificate until the
expiration of the restricted period and the fulfillment of any other restrictive
conditions set forth in the restricted stock agreement with respect to such
Shares. Unless the Committee determines otherwise and the determination is set
forth in the restricted stock award agreement, the grantee shall have all rights
of a stockholder with respect to the Shares, including the right to receive
dividends and the right to vote such Shares, subject to the provisions of this
Plan, including those with respect to forfeiture of the Shares and restrictions
on the transfer or pledge of the Shares. Any Shares, any other securities of the
Company and any other property (except for cash dividends) distributed with
respect to the Shares subject to restricted stock awards shall be subject to the
same restrictions, terms and conditions as such restricted Shares.

         (d) At the end of the restricted period and provided that any other
restrictive conditions of the restricted stock award are met, or at such earlier
time as otherwise determined by the Committee, all restrictions set forth in the
agreement relating to the restricted stock award or in this Plan shall lapse as
to the restricted Shares subject thereto. Upon payment by the grantee to the
Company of any withholding tax required to be paid, a stock certificate for the
appropriate number of Shares, free of the restrictions and the restricted stock
legend, shall be delivered to the grantee or his or her beneficiary or estate,
as the case may be.

         (e) Restricted stock grants shall be granted for no cash consideration
or for such minimal cash consideration as may be required by applicable law.

         (f) Within 30 days after a recipient is granted a restricted stock
award, the Company, if the recipient so elects, will prepare and file, and the
recipient will sign, an effective election with the Internal Revenue Service
under Section 83(b) of the Code relative to the Shares granted.

SECTION 6.  OPTION GRANTS.

         (a) Each option grant made under this Plan shall be for such number of
Shares as the Committee shall determine. Subject to the provisions of Section 9,
the option price for all stock options granted under this Plan shall be
determined by the Committee but shall not be less than 100% of the fair market
value of the Shares at the date of granting of such option. For purposes of the
preceding sentence and for all other valuation purposes under this Plan, the
fair market value of the Shares shall be as reasonably determined by the
Committee. If on the date of grant of any option granted under this Plan, the
Shares are not publicly traded, the Committee shall make a good faith attempt to
satisfy the option price requirement of this Section 6 and in connection
therewith shall take such action as it deems necessary or advisable. Each option
grant shall be set forth in an agreement setting forth the terms of such option.

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         (b) Each option and all rights and obligations thereunder shall expire
on the date determined by the Committee and specified in the option agreement.
The Committee shall be under no duty to provide terms of like duration for
options granted under this Plan, but the term of any Incentive Stock Option may
not extend more than ten (10) years from the date of granting of such option.

         (c) Options  shall be granted for no cash consideration or for such
minimal cash consideration as may be required by applicable law.

SECTION 7.  OPTION EXERCISE.

         (a) The Committee shall have full and complete authority to determine
whether the option will be exercisable in full at any time or from time to time
during the term of the option, or to provide for the exercise thereof in such
installments, upon the occurrence of such events and at such times during the
term of the option as the Committee may determine.

         (b) The exercise of any option granted hereunder shall only be
effective at such time that the sale of Shares pursuant to such exercise will
not violate any applicable domestic or foreign securities or other laws.

         (c) An optionee electing to exercise an option shall give written
notice to the Company of such election and of the number of Shares subject to
such exercise. The full purchase price of such Shares shall be tendered with
such notice of exercise. Payment shall be made to the Company either in cash
(including check, bank draft or money order), or, at the discretion of the
Committee, (i) by delivery of the optionee's promissory note, which shall
provide for interest at a rate not less than the minimum rate required to avoid
the imputation of income, original issue discount or a below-market-rate loan
pursuant to Sections 483, 1274 or 7872 of the Code or any successor provisions
thereto, (ii) by delivering certificates for shares of Common Stock already
owned by the optionee having a fair market value equal to the full purchase
price of the Shares, provided that such shares of Common Stock shall either (A)
have been issued and outstanding more than six months before the option is
exercised or (B) shall have been purchased on a national stock exchange or on
the Nasdaq National Market System, or (iii) any combination of cash, promissory
notes and shares of Common Stock (meeting the requirements of this Section 7(c))
at the discretion of the Committee; provided, however, that an optionee shall
not be entitled to tender shares of Common Stock pursuant to successive,
substantially simultaneous exercises of options granted under this or any other
stock option plan of the Company. The fair market value of such tendered shares
of Common Stock shall be determined as provided in Section 6. Until such person
has been issued a certificate or certificates for the Shares subject to such
exercise, he or she shall possess no rights as a stockholder with respect to
such Shares.

SECTION 8.  ADDITIONAL RESTRICTIONS.

         All Shares or other securities delivered under this Plan pursuant to
any option or restricted stock grant or the exercise thereof shall be subject to
such restrictions as the

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Committee may deem advisable under this Plan, applicable federal, state or
foreign securities laws and regulatory requirements, which restrictions shall be
contained in the agreement relating to the option or restricted stock grant. The
Committee shall cause appropriate entries to be made or legends to be affixed to
certificates representing the Shares to reflect such restrictions. If any
securities of the Company are traded on a securities exchange, the Company shall
not be required to deliver any Shares or other securities covered by an option
or restricted stock grant unless and until such Shares or other securities have
been admitted for trading on such securities exchange.

SECTION 9.  TEN PERCENT SHAREHOLDER RULE.

         Notwithstanding any other provision in this Plan, if at the time an
option is otherwise to be granted pursuant to this Plan the optionee owns
directly or indirectly (within the meaning of Section 424(d) of the Code) shares
of common stock of the Company possessing more than ten percent (10%) of the
total combined voting power of all classes of stock of the Company or its parent
or subsidiary corporations (within the meaning of Section 424(e) or 424(f) of
the Code), if any, then any Incentive Stock Option to be granted to such
optionee pursuant to this Plan shall satisfy the requirements of Section
422(c)(7) of the Code, the option price shall be not less than 110% of the fair
market value of the Shares determined as described herein, and such option by
its terms shall not be exercisable after the expiration of five (5) years from
the date such option is granted.

SECTION 10.  NON-TRANSFERABILITY.

         No option granted under this Plan and no award of restricted stock
(prior to the lapsing of the restrictions) and no right under any such option or
award of restricted stock shall be transferable by the recipient otherwise than
by will or by the laws of descent and distribution; provided that stock options
and restricted stock awards may be transferred by gift by the optionee or
awardee with the prior approval of the Committee. During the lifetime of an
optionee, an option shall be exercisable only by such optionee. No option
granted under this Plan and no award of restricted stock (prior to the lapsing
of the restrictions) or right under any such option or award of restricted stock
may be pledged, alienated, attached or otherwise encumbered, and any purported
pledge, alienation, attachment or encumbrance thereof shall be void and
unenforceable against the Company or any affiliate.

SECTION 11.  ADJUSTMENTS.

         If the Committee shall determine that, as the result of any change in
the Common Stock through merger, consolidation, reorganization,
recapitalization, stock dividend (of whatever amount), stock split or other
similar corporate transaction or change in the corporate structure of the
Company, adjustments in this Plan and outstanding options and awards of
restricted stock would be appropriate to prevent dilution or enlargement of the
benefits or potential benefits intended to be made available under this Plan,
then the Committee shall make such adjustments in this Plan and outstanding
options and awards of restricted stock as it may deem equitable. In the event of
any such changes, adjustments shall include, where appropriate, changes in the
number and type of Shares subject to this Plan and the number and type of Shares
and the price per Share subject to outstanding options and awards of restricted
stock.

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SECTION 12.  INCOME TAX WITHHOLDING; TAX BONUSES.

         (a) In order to comply with all applicable domestic or foreign income
tax laws or regulations, the Company may take such action as it deems
appropriate to ensure that all applicable federal, state or local payroll,
withholding, income or other taxes, which are the sole and absolute
responsibility of the person receiving the option or the restricted stock under
this Plan, are withheld or collected from such person. In order to assist the
recipient in paying all or a portion of the federal, state or local taxes to be
withheld or collected upon exercise or receipt of (or the lapse of restrictions
relating to) an option or restricted stock, the Committee, in its discretion and
subject to such additional terms and conditions as it may adopt, may permit the
recipient to satisfy such tax obligation by (i) electing to have the Company
withhold a portion of the Shares otherwise to be delivered upon exercise or
receipt of (or the lapse of restrictions relating to) such option or restricted
stock grant with a fair market value equal to the amount of such taxes, or (ii)
delivering to the Company shares of Common Stock other than Shares issuable upon
exercise or receipt of (or the lapse of restrictions relating to) such option or
restricted stock grant with a fair market value equal to the amount of such
taxes. The fair market value of shares of Common Stock shall be determined in
accordance with Section 6. The election, if any, must be made on or before the
date that the amount of tax to be withheld is determined.

         (b) The Committee, in its discretion, shall have the authority, at the
time of grant of any option or restricted stock under this Plan or at any time
thereafter, to approve cash bonuses to designated recipients to be paid upon
their exercise or receipt of (or the lapse of restrictions relating to) the
option or restricted stock grant in order to provide funds to pay all or a
portion of federal, state or local taxes due as a result of such exercise or
receipt (or the lapse of such restrictions). The Committee shall have full
authority in its discretion to determine the amount of any such tax bonus.

SECTION 13.  AMENDMENT AND TERMINATION.

         (a) The Company's Board of Directors may amend, alter, suspend,
discontinue or terminate this Plan at any time; provided, however, that
notwithstanding any other provision of this Plan or any option agreement,
without the approval of the shareholders of the Company, no such amendment,
alteration, suspension, discontinuation or termination shall be made that,
absent such approval (i) would violate the rules or regulations of any
securities exchange that are applicable to the Company; or (ii) would cause the
Company to be unable, under the Code, to grant Incentive Stock Options under
this Plan.

         (b) The Committee may waive any conditions of or rights of the Company
under any outstanding option or restricted stock grant, prospectively or
retroactively. Except as otherwise provided herein or in the option or
restricted stock agreement, the Committee may not amend, alter, suspend,
discontinue or terminate any outstanding option or restricted stock grant,
prospectively or retroactively, if such action would adversely affect the rights
of the holder of such option or restricted stock, without the consent of the
holder or beneficiary thereof.

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         (c) The Committee may correct any defect, supply any omission or
reconcile any inconsistency in this Plan or any option or restricted stock
agreement in the manner and to the extent it shall deem desirable to carry this
Plan into effect.

SECTION 14.  TIME OF GRANTING.

         The granting of an option or an award of restricted stock pursuant to
this Plan shall be effective only if either (a) a written agreement shall have
been duly executed and delivered by and on behalf of the Company and the person
to whom such option or restricted stock is granted, or (b) the Company shall
have delivered a grant notice to such person. Nothing contained in this Plan or
in any resolution adopted or to be adopted by the Board of Directors or by the
stockholders of the Company, and no action taken by the Committee or the Board
of Directors (other than the execution and delivery of such an agreement), shall
constitute the granting of an option or award of restricted stock hereunder.

SECTION 15.  NO RIGHT TO AWARDS; NO GUARANTY OF CONTINUED SERVICE OR FUTURE
             BENEFITS.

         (a) No person shall have any claim to be granted any option or
restricted stock grant under this Plan, and there is no obligation for
uniformity of treatment of employees, directors, consultants, independent
contracts or holders or beneficiaries of options or restricted stock grants
under this Plan. The terms and conditions of options and restricted stock grants
need not be the same with respect to any recipient or with respect to different
recipients.

         (b) Nothing in this Plan or in any agreement hereunder shall confer on
any employee, director, consultant or independent contractor any right to
continue in the employ or service of the Company or any of its subsidiaries or
affect in any way the right of the Company or any of its subsidiaries to
terminate any such person's employment or other services at any time, with or
without cause. In addition, the Company or an affiliate may at any time
terminate the employment or service of an employee, director, consultant or
independent contractor free from any liability or any claim under this Plan or
any award or agreement with respect to an option or restricted stock grant
hereunder, unless otherwise expressly provided in this Plan or in any such
agreement.

         (c) Options shall be granted under this Plan in the sole discretion of
the Board of Directors or the Committee and will not form part of the
recipient's salary or entitle the recipient to similar option grants in the
future. The value of any options or the proceeds upon the exercise thereof will
not be reflected in any severance, overtime, benefit, retirement or indemnity
payments that the Company or any affiliate or subsidiary may make to any
recipient in the future. The offer to participate in the Plan does not
constitute an acquired right.

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SECTION 16.  GENERAL PROVISIONS

         (a) Nothing in this Plan shall prevent the Company or any affiliate
from adopting or continuing in effect other or additional compensation
arrangements, and such arrangements may be either generally applicable or
applicable only in specific cases.

         (b) The validity, construction and effect of this Plan or any option or
restricted stock agreement hereunder, and any rules and regulations relating to
this Plan or any option or restricted stock agreement hereunder, shall be
determined in accordance with the laws of the State of Minnesota.

         (c) If any provision of this Plan or any option or restricted stock
agreement hereunder is or becomes or is deemed to be invalid, illegal or
unenforceable in any jurisdiction or would disqualify this Plan or any option or
restricted stock agreement hereunder under any law deemed applicable by the
Committee, such provision shall be construed or deemed amended to conform to
applicable laws, or if it cannot be so construed or deemed amended without, in
the determination of the Committee, materially altering the purpose or intent of
this Plan or the option or restricted stock agreement hereunder, such provision
shall be stricken as to such jurisdiction or option or restricted stock
agreement, and the remainder of this Plan or any such agreement shall remain in
full force and effect.

         (d) Neither this Plan nor any option or restricted stock grant
hereunder shall create or be construed to create a trust or separate fund of any
kind or a fiduciary relationship between the Company or any affiliate of the
Company and a recipient or any other person.

         (e) No fractional Shares shall be issued or delivered pursuant to this
Plan or any option or restricted stock grant hereunder, and the Committee shall
determine whether cash shall be paid in lieu of any fractional Shares or whether
such fractional Shares or any rights thereto shall be canceled, terminated or
otherwise eliminated.

         (f) Headings are given to the Sections and subsections of this Plan
solely as a convenience to facilitate reference. Such headings shall not be
deemed in any way material or relevant to the construction or interpretation of
this Plan or any provision hereof.

SECTION 17.  EFFECTIVE DATE AND TERMINATION OF PLAN.

         (a) This Plan shall be effective as of the date on which the Company's
Common Stock shall become registered pursuant to the Securities Exchange Act of
1934, as amended.

         (b) Unless this Plan shall have been discontinued as provided in
Section 13 above, this Plan shall terminate ten years from the date of
effectiveness of the Plan. No option or restricted stock may be granted after
such termination, but termination of this Plan shall not, without the consent of
the recipient, alter or impair any rights or obligations under any option or
restricted stock theretofore granted.

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                                                                    EXHIBIT 10.4

                              LAWSON SOFTWARE, INC.
                        2001 EMPLOYEE STOCK PURCHASE PLAN
                     (AMENDED AND RESTATED AUGUST 15, 2001)

                             ARTICLE I. INTRODUCTION

         SECTION 1.01 Purpose. The purpose of the Lawson Software, Inc. (the
"Company") 2001 Employee Stock Purchase Plan is to provide the employees of the
Company and related corporations with an opportunity to share in the ownership
of the Company by providing them a convenient means for regular and systematic
purchases of the Company's Common Stock and, thus, to develop a stronger
incentive to work for the continued success of the Company.

         SECTION 1.02 Rules of Interpretation. It is intended that the Plan be
an "employee stock purchase plan" as defined in Section 423(b) of the Internal
Revenue Code of 1986, as amended (the "Code"), and Treasury Regulations
promulgated thereunder, if approved by the Company's shareholders. Accordingly,
the Plan will be interpreted and administered in a manner consistent therewith
if so approved. All Participants in the Plan will have the same rights and
privileges consistent with the provisions of the Plan.

         SECTION 1.03 Definitions. For purposes of the Plan, the following terms
will have the meanings set forth below:

         (a) "Acceleration Date" means either an Acquisition Date or a
Transaction Date.

         (b) "Acquisition Date" means (i) the date of public announcement of the
acquisition of "beneficial ownership" (as defined in Rule 13d-3 under the
Securities Exchange Act of 1934 (the "Exchange Act") or any successor rule
thereto) of more than fifty percent (50%) of the outstanding voting stock of the
Company by any "person" (as defined in Section 13(d) of the Exchange Act) other
than the Company, by means of a tender offer, exchange offer or otherwise; and
(ii) the date five (5) business days after the date of public announcement of
the acquisition of beneficial ownership (as so defined) of more than twenty-
five percent (25%) but not more than fifty (50%) of the outstanding voting stock
of the Company by any person (as so defined) other than the Company, by means of
a tender offer, exchange offer or otherwise unless, during such five (5)
business day period, the Board or the Committee determines, by resolution duly
adopted, that such acquisition shall not be deemed to be an Acquisition Date. In
any such resolution, the Board or Committee may elect that any continued
acquisition or acquisitions by the same person (as so defined) which would
otherwise trigger an Acquisition Date under clause (ii) above shall also not
give rise to an Acquisition Date.

         (c) "Affiliate" means any parent or subsidiary corporation of the
Company, as defined in Sections 424(e) and 424(f) of the Code.

         (d) "Board" means the Board of Directors of the Company.

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         (e) "Committee" means the committee appointed under Section 10.01.

         (f) "Company" means Lawson Software, Inc., a Delaware corporation, and
its successors by merger or consolidation as contemplated by Article XI herein.

         (g) "Current Compensation" means the gross cash compensation (including
wage, salary bonus, incentive compensation and overtime earnings) paid by the
Company or a Participating Affiliate to a Participant in accordance with the
terms of employment, but excluding all expense allowances (including relocation
and spousal travel expenses), severance payments, and compensation payable in a
form other than cash.

         (h) "Employer" means the Company or a Participating Affiliate, as the
case may be.

         (i) "Fair Market Value" as of a given date means such value of the
Stock which is equal to (i) the last sale price of the Stock as reported on the
Nasdaq National Market System on such date, if the Stock is then quoted on the
Nasdaq National Market System; (ii) the average of the closing representative
bid and asked prices of the Stock as reported on the National Association of
Securities Dealers Automated Quotation System ("Nasdaq") on such date, if the
Stock is then quoted on Nasdaq; or (iii) the closing price of the Stock on such
date on a national securities exchange, if the Stock is then quoted on a
national securities exchange. If on a given date the Stock is not traded on an
established securities market, the Committee shall make a good faith attempt to
satisfy the requirements of this Section 1.03(i) and in connection therewith
shall take such action as it deems necessary or advisable. For purposes of the
Initial Offering Period, the Fair Market Value of the Stock on the first
business day of the Initial Offering Period shall be the price to public as set
forth in the Registration Statement on Form S-1 at the time of its effectiveness
related to the Company's initial public offering of its Stock, or in the final
prospectus related to such Registration Statement filed with the Securities and
Exchange Commission pursuant to Rule 424 under the Securities Act of 1933, as
amended.

         (j) "Participant" means a Regular Employee who is eligible to
participate in the Plan under Section 2.01 or any other eligible employee
designated by the Committee pursuant to Section 2.01 and who has elected to
participate in the Plan or who has been automatically enrolled in the Plan
pursuant to Section 2.02.

         (k) "Participating Affiliate" means an Affiliate which has been
designated by the Committee in advance of the Offering Period in question as a
corporation whose eligible Regular Full-Time Employees may participate in the
Plan.

         (l) "Regular Employee" means an employee of the Company or a
Participating Affiliate as of the first day of a Purchase Period or as of an
Enrollment Date, including an officer or director who is also an employee,
except an employee whose customary employment is less than twenty (20) hours per
week, unless otherwise required by local law.

         (m) "Plan" means the Lawson Software, Inc. 2001 Employee Stock Purchase
Plan, the provisions of which are set forth herein.

                                       2
<PAGE>

         (n) "Offering Period" means a period beginning on such business day as
may be designated by the Committee prior thereto and ending on the earlier of
such business day as may be designated by the Committee prior to the first
business day of such Offering Period or any Acceleration Date, except for the
initial Offering Period, which shall commence on the effective date of the
Company's Registration Statement on Form S-1 for the initial public offering of
the Company's Stock (the "IPO Date") and continue until December 31, 2002 (the
"Initial Offering Period").

         (o) "Purchase Period" means a period of six months within an Offering
Period, except for the initial Purchase Period, which shall commence on the IPO
Date and continue until December 31, 2001 (the "Initial Purchase Period"). The
Committee shall have the power and authority to change the duration and/or
frequency of Purchase Periods with respect to future purchases without
stockholder approval, if such change is announced at least five (5) days prior
to the scheduled beginning of the Offering Period during which the adjusted
Purchase Periods occur.

         (p) "Stock" means the Company's Common Stock, $.01 par value, as such
stock may be adjusted for changes in the stock or the Company as contemplated by
Article XI herein.

         (q) "Stock Purchase Account" means the account maintained in the books
and records of the Company recording the amount received from each Participant
under the Plan.

         (r) "Transaction Date" means the date of shareholder approval of (i)
any consolidation or merger of the Company in which the Company is not the
continuing or surviving corporation or pursuant to which shares of Company stock
would be converted into cash, securities or other property, other than a merger
of the Company in which shareholders immediately prior to the merger have the
same proportionate ownership of stock of the surviving corporation immediately
after the merger; (ii) any sale, lease, exchange or other transfer (in one
transaction or a series of related transactions) of all or substantially all, of
the assets of the Company; or (iii) any plan of liquidation or dissolution of
the Company.

                    ARTICLE II. ELIGIBILITY AND PARTICIPATION

         SECTION 2.01 Eligible Employees. All Regular Full-Time Employees who
are residents of the United States shall be eligible to participate in the Plan
beginning on the first day of the first full Purchase Period to commence after
such person becomes a Regular Full-Time Employee. Subject to the provisions of
Article VI, each such employee will continue to be eligible to participate in
the Plan so long as he or she remains a Regular Full-Time Employee. At the
discretion of the Committee, employees who are not residents of the United
States may participate in the Plan if they otherwise meet the requirements of
this Section 2.01.

         SECTION 2.02 Participation. All Regular Full-Time Employees as of the
first business day of the Initial Offering Period who are resident in the United
States and all other eligible employees designated by the Committee pursuant to
Section 2.01 shall be automatically enrolled as a Participant in the Plan for
the Initial Offering Period. Thereafter, an eligible Regular Full-

                                       3
<PAGE>

Time Employee may elect to participate in the Plan for a given Purchase Period
by filing with his or her Employer in advance of that Purchase Period a form
provided by such Employer for such purpose (which authorizes regular payroll
deductions from Current Compensation beginning with the first payday in that
Purchase Period and continuing until the employee withdraws from the Plan or
ceases to be eligible to participate in the Plan); provided that any Regular
Full-Time Employee who first becomes eligible to be a Participant after the
first business day of a Purchase Period may elect to participate in the Plan and
begin payroll deductions as of April 1 and October 1 of each year (an
"Enrollment Date"), if the Participant files a completed form provided by the
Company prior to the applicable Enrollment Date.

         SECTION 2.03 Limits on Stock Purchase. No employee shall be granted any
right to purchase hereunder if such employee, immediately after a right to
purchase is granted, would own, directly or indirectly, within the meaning of
Section 423(b)(3) and Section 424(d) of the Code stock possessing five percent
5% or more of the total combined voting power or value of all the then classes
of the capital stock of the Company or of all Affiliates.

         SECTION 2.04 Voluntary Participation. Participation in the Plan on the
part of the Participant is voluntary and such participation is not a condition
of employment nor does participation in the Plan entitle a Participant to be
retained as an employee.

           ARTICLE III. PAYROLL DEDUCTIONS AND STOCK PURCHASE ACCOUNT

         SECTION 3.01 Deduction from Pay. Except for the Initial Purchase
Period, a Participant shall elect to have payroll deductions made for each pay
period (or contributions made under the Plan made by other means, if required by
applicable local law) in any whole percentage of Current Compensation not to
exceed fifteen percent (15%), or such other percentage as the Committee in its
sole discretion may establish from time to time before the first business day of
an Offering Period. No payroll deductions will be made on behalf of a
Participant, or credited to a Participant's Stock Purchase Account, unless and
until a Participant completes and delivers the participation form described in
Section 2.02 The Participant may reduce or increase future payroll deductions
(within the foregoing limitations) by filing with such Participant's Employer a
form provided by such Employer for such purpose. The effective date of any
reduction in future payroll deductions will be the first day of the next
succeeding pay period. The effective date of any increase in future payroll
deductions will be the first day of the next succeeding Offering Period. Also,
the Participant may cease making payroll deductions at any time, as provided in
Section 6.01.

         In the event that during a Offering Period the entire credit balance in
a Participant's Stock Purchase Account exceeds the product of (a) 85% of the
Fair Market Value of the Common Stock on the first business day of that Offering
Period and (b) a maximum amount as shall be set by the Committee, then payroll
deductions for such Participant shall automatically cease, and shall resume on
the first pay period of the next Offering Period.

         SECTION 3.02 Credit to Account. Payroll deductions will be credited to
the Participant's Stock Purchase Account on each payday.

                                       4
<PAGE>

         SECTION 3.03 Interest. No interest will be paid upon payroll deductions
or on any amount credited to, or on deposit in, a Participant's Stock Purchase
Account unless otherwise required by local law.

         SECTION 3.04 Nature of Account. The Stock Purchase Account is
established solely for accounting purposes, and all amounts credited to the
Stock Purchase Account will remain part of the general assets of the Company or
the Participating Affiliate (as the case may be) unless otherwise required by
local law.

         SECTION 3.05 Additional Contributions. Except during the Initial
Purchase Period, a Participant may not make any payment into the Stock Purchase
Account other than the payroll deductions made pursuant to the Plan. During the
Initial Purchase Period, a Participant may contribute up to fifteen percent
(15%) of the Participant's Current Compensation during the Initial Purchase
Period to the Participant's Stock Purchase Account by delivery of a personal
check or money order to the Company. Contributions to a Participant's Stock
Purchase Account during the Initial Purchase Period must be made on or prior to
December 1, 2001. Any Participant's contribution shall be credited to the
Participant's Stock Purchase Account and such funds shall be held by the Company
on the terms and conditions of this Article III.

                      ARTICLE IV. RIGHT TO PURCHASE SHARES

         SECTION 4.01 Number of Shares. Each Participant will have the right to
purchase on the last business day of the Purchase Period all, but not less than
all, of the largest number of whole shares of Stock that can be purchased at the
price specified in Section 4.02 with the entire credit balance in the
Participant's Stock Purchase Account, subject to the limitations that (a) no
more than the maximum number of shares of Common Stock, as established by the
Committee prior to the beginning of any given Offering Period, may be purchased
under the Plan by any one Participant for a given Offering Period, and (b) in
accordance with Section 423(b)(8) of the Code, no more than Twenty-Five Thousand
Dollars ($25,000) in Fair Market Value (determined at the beginning of each
Offering Period) of Stock and other stock may be purchased under the Plan and
all other employee stock purchase plans (if any) of the Company and the
Affiliates by any one Participant for each calendar year. If the purchases for
all Participants would otherwise cause the aggregate number of shares of Stock
to be sold under the Plan during a given Offering Period to exceed the number
specified in Section 10.04, however, each Participant shall be allocated a pro
rata portion of the Stock to be sold.

         SECTION 4.02 Purchase Price. The purchase price for any Purchase Period
will be the lesser of (a) Eighty-five percent (85%) of the Fair Market Value of
the Stock on the first business day of that Offering Period (except that if (i)
a Regular Full-Time Employee becomes a Participant after the first business day
of an Offering Period, then the purchase price shall be Eighty-five percent
(85%) of the Fair Market Value of the Stock on the first business day of the
Purchase Period in which such Regular Full-Time Employee first becomes a
Participant, or (ii) a Regular Full-Time Employee becomes a Participant after
the first business day of a Purchase Period, then the purchase price shall be
Eighty-five percent (85%) of the Fair Market Value of the Stock on the
Enrollment Date), or (b) Eighty-five percent (85%) of the Fair Market Value of

                                       5
<PAGE>

the Stock on the last business day of that Purchase Period, in each case rounded
up to the next higher full cent.

                          ARTICLE V. EXERCISE OF RIGHT

         SECTION 5.01 Purchase of Stock. On the last business day of a Purchase
Period, the entire credit balance in each Participant's Stock Purchase Account
will be used to purchase the largest number of whole shares of Stock purchasable
with such amount (subject to the limitations of Section 4.01) unless the
Participant has filed with the Committee in advance of that date a form provided
by his or her Employer and elected to receive the entire credit balance in cash.

         SECTION 5.02 Cash Distributions. Any amount remaining in a
Participant's Stock Purchase Account after the last business day of a Purchase
Period will be paid to the Participant in cash within thirty (30) days after the
end of that Purchase Period; provided, however, that if the amount remaining in
the Participant's Stock Purchase Account at the end of a Purchase Period results
from the fact that such amount was not sufficient to purchase a whole share of
Stock, such amount will be transferred to the Participant's Stock Purchase
Account for the immediately succeeding Purchase Period.

         SECTION 5.03 Notice of Acceleration Date. The Company shall use its
reasonable efforts to notify each Participant in writing at least ten (10) days
prior to any Acceleration Date that the then current Offering Period will end on
such Acceleration Date.

                        ARTICLE VI. WITHDRAWAL FROM PLAN

         SECTION 6.01 Voluntary Withdrawal. A Participant may, at any time,
withdraw from the Plan and cease making payroll deductions by filing with such
Participant's Employer a form provided for this purpose. In such event, the
Participant may request that either (a) the entire credit balance in the
Participant's Stock Purchase Account be paid to the Participant in cash within
thirty (30) days, or (b) the entire credit balance in the Participant's Stock
Purchase Account be held in such account until used to purchase shares of Stock
in accordance with Section 5.01. A Participant who withdraws from the Plan will
not be eligible to reenter the Plan until the beginning of the next Offering
Period following the date of such withdrawal.

         SECTION 6.02 Death. Participation in the Plan will cease on the date of
the Participant's death, and the entire credit balance in the Stock Purchase
Account will be paid to the Participant's estate in cash within thirty (30)
days. Each Participant, however, may designate one or more beneficiaries who,
upon death, are to receive the amount that otherwise would have been paid to the
Participant's estate and may change or revoke any such designation from time to
time. No such designation, change or revocation will be effective unless made by
the Participant in writing and filed with the Participant's Employer during the
Participant's lifetime. Unless the Participant has otherwise specified in the
beneficiary designation, the beneficiary or beneficiaries so designated will
become fixed as of death so that, if a beneficiary survives the Participant but
dies before the receipt of the payment due such beneficiary, the payment will be
made to such beneficiary's estate.

                                       6
<PAGE>

         SECTION 6.03 Termination of Employment. Participation in the Plan also
will cease on the date the Participant ceases to be a Regular Full-Time Employee
for any reason other than death unless otherwise required by local law. In such
event, the entire credit balance in the Participant's Stock Purchase Account
will be paid to the Participant in cash within thirty (30) days. For purposes of
this Section, a leave of absence which has been approved by the Committee will
not be deemed a termination of employment as a Regular Full-Time Employee.

                         ARTICLE VII. NONTRANSFERABILITY

         SECTION 7.01 Nontransferable Right to Purchase. The right to purchase
Stock hereunder may not be assigned, transferred, pledged or hypothecated
(whether by operation of law or otherwise), except as provided in Section 6.02,
and will not be subject to execution, attachment or similar process. Any
attempted assignment, transfer, pledge, hypothecation or other disposition or
levy of attachment or similar process upon the right to purchase will be null
and void and without effect.

         SECTION 7.02 Nontransferable Account. Except as provided in Section
6.02, the amounts credited to a Stock Purchase Account may not be assigned,
transferred, pledged or hypothecated in any way, and any attempted assignment,
transfer, pledge, hypothecation or other disposition of such amounts will be
null and void and without effect.

                        ARTICLE VIII. STOCK CERTIFICATES

         SECTION 8.01 Delivery. Within thirty (30) days after the last day of
each Purchase Period, the Company will cause to be deposited to the
Participant's account the Stock purchased on the last business day of such
Purchase Period.

         SECTION 8.02 Securities Laws. The Company shall not be required to
issue or deliver any shares representing Stock prior to registration under the
Securities Act of 1933, as amended, or registration or qualification under any
state or foreign law if such registration is required. The Company will use its
best efforts to accomplish such registration (if and to the extent required) not
later than a reasonable time following the Purchase Period, and delivery of
shares may be deferred until such registration is accomplished.

         SECTION 8.03 Completion of Purchase. A Participant will have no
interest in the Stock purchased until delivery of shares purchased and paid for
pursuant to the Plan.

         SECTION 8.04 Form of Ownership. The shares representing Stock issued
under the Plan will be registered in the name of the Participant, as the
Participant may direct on a form provided by the Participant's Employer.

                                       7
<PAGE>

                    ARTICLE IX. EFFECTIVE DATE AND AMENDMENT
                             OR TERMINATION OF PLAN

         SECTION 9.01 Effective Date. The Plan will become effective as of the
date on which the Company's Common Stock shall become registered pursuant to the
Securities Exchange Act of 1934, as amended, but only if the Plan is previously
approved by the Company's shareholders.

         SECTION 9.02 Powers of Board. The Board may at any time amend or
terminate the Plan, except that no amendment will be made without prior approval
of the shareholders which would (a) authorize an increase in the number of
shares of Stock which may be purchased under the Plan, except as provided in
Section 11.01, (b) permit the issuance of Stock before payment therefor in full,
(c) reduce the price per share at which the Stock may be purchased, or (d)
absent such shareholder approval, cause Rule 16b-3 to become unavailable with
respect to the Plan.

         SECTION 9.03 Automatic Termination. The Plan will terminate
automatically five (5) years from the effective date. The Board may by
resolution extend the Plan for one or more additional periods of five years
each.

                            ARTICLE X. ADMINISTRATION

         SECTION 10.01 Appointment of Committee. The Plan shall be administered
by a committee (the "Committee") established by the Board and meeting the
requirements of Rule 16b-3 as in effect from time to time.

         SECTION 10.02 Powers of Committee. Subject to the provisions of the
Plan, the Committee will have full authority to administer the Plan, including
authority to interpret and construe any provision of the Plan, to establish
deadlines by which the various administrative forms must be received in order to
be effective, and to adopt such other rules and regulations for administering
the Plan as it may deem appropriate. Decisions of the Committee will be final
and binding on all parties who have an interest in the Plan.

         SECTION 10.03 Power and Authority of the Board of Directors.
Notwithstanding anything to the contrary contained herein, the Board of
Directors may, at any time and from time to time, without any further action of
the Committee, exercise the powers and duties of the Committee under the Plan.

         SECTION 10.04 Stock to be Sold. The Stock to be issued and sold under
the Plan may be treasury Stock or authorized but unissued Stock, or the Company
may go into the market and purchase Stock for sale under the Plan. Except as
provided in Section 11.01, the maximum number of shares of Common Stock which
shall be made available for sale under the Plan shall be 20,805,000 shares of
Common Stock aggregated over the term of the Plan or such lesser amount as the
Board of Directors may determine prior to the effective date of the Plan. The
Committee or Board of Directors has the discretion to limit the number of shares
available for purchase under the Plan during each Offering Period.

         SECTION 10.05 Notices. Notices to the Committee should be addressed as
follows:

                                       8
<PAGE>

         Lawson Software, Inc.
         Attention:  Corporate Secretary
         380 St. Peter Street
         St. Paul, MN 55102

         SECTION 10.6 Income Tax Withholding. In order to comply with all
applicable domestic or foreign income tax laws or regulations, the Company may
take such action as it deems appropriate to ensure that all applicable federal,
state, local or foreign payroll, withholding, income or other taxes, which are
the sole responsibility of the Participant, are withheld or collected from such
person.

         SECTION 10.7 Data Privacy. Participation in the Plan shall be subject
to the effective consent of the Participant under applicable law to the
collection, use, compilation and disclosure by the Company and/or its affiliates
of personal data and/or sensitive personal data about the participant as the
Company and/or its affiliates may require to implement, administer and manage
the Plan.

         ARTICLE XI.  ADJUSTMENT FOR CHANGES IN STOCK OR COMPANY

         SECTION 11.01 Stock Dividend or Reclassification. If the outstanding
shares of Stock are increased, decreased, changed into or exchanged for a
different number or kind of securities of the Company, or shares of a different
par value or without par value, through reorganization, recapitalization,
reclassification, stock dividend, stock split, amendment to the Company's
Certificate of Incorporation, reverse stock split or otherwise, an appropriate
adjustment shall be made in the maximum numbers and/or kind of securities to be
sold under this Plan with a corresponding adjustment in the purchase price to be
paid therefor.

         SECTION 11.02 Merger or Consolidation. If the Company is merged into or
consolidated with one or more corporations during the term of the Plan,
appropriate adjustments will be made to give effect thereto on an equitable
basis in terms of issuance of shares of the corporation surviving the merger or
of the consolidated corporation, as the case may be.

                           ARTICLE XII. APPLICABLE LAW

         Rights to purchase Stock granted under this Plan shall be construed and
shall take effect in accordance with the laws of the State of Minnesota without
giving effect to the conflict of laws principles thereof.

                                       9

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