Document:

Bonus Plan for Executive Officers, adpoted on Nov. 3, 2006

 EXHIBIT 10.38 
 ARIBA BONUS PLAN 
 EXECUTIVE
OFFICERS 
 1. Effective Date and Term. This Plan was adopted by the Compensation Committee (the
“Committee”) of the Board of Directors of Ariba, Inc. (the “Company”) on November 3, 2006. It is effective for fiscal year 2007 and thereafter will continue to apply until it is amended or terminated by the Committee. The
Plan supersedes all prior bonus plans applicable to individuals who are deemed to be “officers” of the Company for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the “Executive Officers”). Any
other bonus plan applicable to Executive Officers previously approved by the Committee is hereby terminated. 
 2. Administration. The
Committee administers the Plan and adopts rules and regulations to implement the Plan. The decisions of the Committee are final and binding on all parties who have an interest in the Plan. 
 3. Eligibility. Participation in the Plan is limited to Executive Officers. Participation in the Plan is effective on the day the participant
starts in a bonus-eligible job. Participants must be employed in a bonus-eligible position before the first day of the last month of the fiscal half-year to be eligible to participate in the Plan for that fiscal half-year. Bonus payments will be
prorated for participants who become eligible after the start of a fiscal half-year or for participants who are on a leave of absence or sabbatical for all or part of a fiscal half-year. A participant may be removed from the Plan at any time and for
any reason, at the Company’s discretion, regardless of whether he or she remains an officer or employee of the Company. 
 4.
Determination of Amounts. The Plan may provide a semi-annual cash bonus that is paid based on the achievement of pre-determined Company performance objectives and individual performance factors. The amount of each participant’s
semi-annual bonus is determined as follows: 
 (a) An annual target bonus amount is assigned to the participant by the
Committee as soon as reasonably practicable after the beginning of a fiscal year or, if later, at the time of his or her hiring. The annual target bonus amount may be modified from time to time thereafter by the Committee. The semi-annual target
bonus amount is equal to 50% of the annual target bonus amount. 
 (b) Except in the case of the Chief Commercial Officer,
one-half of the actual semi-annual bonus is determined on the basis of the Company’s semi-annual non-GAAP net income score and one-half is determined on the basis of the Company’s semi-annual revenue score. “Non-GAAP net income”
means after-tax income excluding (i) restructuring-related expense, (ii) amortization of acquired core technology and in-process R&D, (iii) amortization of goodwill and intangibles and (iv) amortization of stock-based
compensation. 

 (c) As soon as reasonably practicable after the beginning of a fiscal year, the Committee
determines for each fiscal half-year in that year the levels of non-GAAP net income and revenue that will be required for non-GAAP net income and revenue scores of 0.50, 0.75, 1.00 and 2.00. If the level of non-GAAP net income or revenue is less
than the level required for a 0.50 score, the score will be zero. If the level of non-GAAP net income or revenue is greater than the amount required for a 2.00 score, the score will be 2.00. If the amount of non-GAAP net income or revenue falls
between the amounts required for a 0.50 score and a 0.75 score, between the amounts required for a 0.75 score and a 1.00 score or between the amounts required for a 1.00 score and a 2.00 score, then straight-line interpolation will be used.

 (d) When the actual amount of non-GAAP net income for a fiscal half-year has been determined, the non-GAAP net income score
is calculated. Likewise, when the actual amount of revenue for a fiscal half-year has been determined, the revenue score is calculated. The weighted-average score for the fiscal half-year equals one-half of the non-GAAP net income score plus
one-half of the revenue score. This weighted-average score is multiplied by each participant’s semi-annual target bonus amount. The result is the participant’s tentative semi-annual bonus, based on financial measures (the “Tentative
Bonus”). 
 (e) After the close of each fiscal half-year, the Committee at its discretion may increase or reduce any
Tentative Bonus, based on criteria other than non-GAAP net income and revenue (including individual performance). 
 (f) All
calculations for the second fiscal half-year are performed on a cumulative full-year basis. The bonus calculated on that basis is then reduced by the semi-annual bonus already paid for the first fiscal half-year. 
 (g) In the case of the Chief Commercial Officer, the Company’s semi-annual bookings score is added to the other two scores described
above. The semi-annual bookings score has a weight of 25%, the non-GAAP net income score has a weight of 50%, and the revenue score has a weight of 25%. As soon as reasonably practicable after the beginning of the fiscal year, the Committee
determines for each fiscal half-year in that year the amount of bookings that will be required for bookings scores of 0.50, 0.75, 1.00 and 2.00. If the amount of bookings is less than the amount required for a 0.50 score, the score will be zero. If
the amount of bookings is greater than the amount required for a 2.00 score, the score will be 2.00. If the amount of bookings falls between the amounts required for a 0.50 score and a 0.75 score, between the amounts required for a 0.75 score and a
1.00 score or between the amounts required for a 1.00 score and a 2.00 score, then straight-line interpolation will be used. All other provisions of the Plan apply to the Chief Commercial Officer in the same manner as to the other Executive
Officers. 
  

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 (h) The Committee may adjust the amount of the Company’s semi-annual non-GAAP net
income or semi-annual revenue, or both, to exclude extraordinary expenses or benefits. 
 5. Payment of Bonuses. Payment of the
semi-annual cash bonus (if any) is targeted for May 31 and November 30. Adjustments to this payment schedule may be made as business conditions require. 
 6. Employment Requirement. Unless a Severance Agreement between a participant and the Company provides otherwise, the participant must be employed by the Company at the time of the bonus payment to receive the
semi-annual cash bonus. 
 7. Modification or Termination of the Plan. The Committee reserves the right to modify, suspend or
terminate this Plan at any time. Should an acquisition or significant business initiative change the operating plan, this Plan may be modified or a new plan may go into effect at the start of the fiscal half-year following this event. 
 8. Benefits Unfunded. No amounts awarded or accrued under this Plan will be funded, set aside or otherwise segregated prior to payment. The
obligation to pay the bonuses awarded hereunder will at all times be an unfunded and unsecured obligation of the Company. Plan participants will have the status of general creditors and must look solely to the general assets of the Company for the
payment of their bonus awards. 
 9. Benefits Nontransferable. No Plan participant will have the right to alienate, pledge or encumber
his or her interest in this Plan, and such interest will not (to the extent permitted by law) be subject in any way to the claims of the participant’s creditors or to attachment, execution or other process of law. 
 10. No Employment Rights. No action of the Company in establishing the Plan, no action taken under the Plan by the Committee and no provision of
the Plan itself will be construed to grant any person the right to remain in the employ of the Company or its subsidiaries for any period of specific duration. Rather, each employee is employed “at will,” which means that either the
employee or the Company may terminate the employment relationship at any time and for any reason, with or without cause. 
  

 3Restricted Stock Award dated 11/3/06 between Ariba & H. Tayloe Stansbury

 EXHIBIT 10.39 
 Confidential Treatment. The portion of this exhibit that has been replaced with “[*****]” has been filed separately with the Securities and Exchange Commission and is the subject of an application for confidential treatment.

 ARIBA, INC. 1999 EQUITY INCENTIVE PLAN: 
 NOTICE OF RESTRICTED STOCK AWARD 
 You have been granted restricted shares of Common Stock of Ariba, Inc. (the “Company”) on the following terms, as amended on November 7, 2006:

  

			
	Name of Recipient:	  	H. Tayloe Stansbury
		
	Total Number of Shares Granted:	  	65,000
		
	Date of Grant:	  	November 3, 2006

 By accepting this grant, you agree as follows: 
  

	1.	This grant is made under and governed by the Ariba, Inc. 1999 Equity Incentive Plan (the “Plan”) and the Restricted Stock Agreement. Both of these documents are
available on the Company’s internal web site at http://stock.ariba.com. 

  

	2.	The Company may deliver by email all documents relating to the Plan or this grant (including, without limitation, prospectuses required by the Securities and Exchange Commission)
and all other documents that the Company is required to deliver to its security holders (including, without limitation, annual reports and proxy statements). The Company may also deliver these documents by posting them on a web site maintained by
the Company or by a third party under contract with the Company. The “Ariba, Inc. 1999 Equity Incentive Plan—Summary and Prospectus” is available on the Company’s internal web site at http://stock.ariba.com. If, in the future,
the Company posts documents required by law on a web site, it will notify you by email. 

  

	3.	You have read the Company’s Securities Trading Policy, and you agree to comply with that policy whenever you acquire or dispose of the Company’s securities. The
Company’s Securities Trading Policy is available on the Company’s internal web site at http://stock.ariba.com. 

  

	
	
	
	/s/ H. Tayloe Stansbury
	Recipient’s Signature

 ARIBA, INC. 1999 EQUITY INCENTIVE
PLAN: 
 RESTRICTED STOCK AGREEMENT 
  

			
	Payment for Shares	  	No payment is required for the shares that you are receiving.
		
	Vesting	  	 One-half of the shares that you are receiving will vest on the first Permissible Trading Day that follows the date on which the Company achieves the
Performance Milestone, provided that your service as an employee, consultant or director of the Company or a subsidiary of the Company (“Service”) shall have been continuous from the Date of Grant to such Permissible Trading
Day.
  
 The remaining one-half of the shares that you are receiving will vest on the
first Permissible Trading Day that follows the first anniversary of the date on which the Company achieved the Performance Milestone, provided that your Service shall have been continuous from the Date of Grant to such Permissible Trading
Day.
  
 No shares will vest after your Service has terminated for any reason.

 
 “Permissible Trading Day” means a day that satisfies each of the following
requirements:
  
 •     The principal market on which shares of the Company’s Common Stock are then traded is open for trading on that day,
  
 •     You are permitted to sell shares of the Company’s Common Stock on that day without
incurring liability under Section 16(b) of the Securities Exchange Act of 1934, as amended,
  
 •     You are not in possession of material non-public information that would make it illegal for
you to sell shares of the Company’s Common Stock on that day under Rule 10b-5 of the Securities and Exchange Commission, and Rule 10b5-1 of the Securities and Exchange Commission is not applicable,
  
 •     Under the Company’s
written Securities Trading Policy, you are permitted to sell shares of the Company’s Common Stock on that day, and
  
 •     You are not prohibited from selling shares of the Company’s Common Stock on that day by
a written agreement between you and the Company or a third party.

  

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		  	 •     “Performance Milestone” means the close of the first period of four consecutive fiscal
quarters in which the Company recognizes at least $[*****] in subscription software revenue (as determined in accordance with United States Generally Accepted Accounting Principles), provided that the Performance Milestone must be achieved on or
before September 30, 2008.

		
	Shares Restricted	  	Unvested shares will be considered “Restricted Shares.” You may not sell, transfer, pledge or otherwise dispose of any Restricted Shares without the written consent of the
Company, except as provided in the next sentence. You may transfer Restricted Shares to your spouse, children or grandchildren or to a trust established by you for the benefit of yourself or your spouse, children or grandchildren. However, a
transferee of Restricted Shares must agree in writing on a form prescribed by the Company to be bound by all provisions of this Agreement.
		
	Forfeiture	  	 If your Service terminates for any reason, then your Restricted Shares will be forfeited to the extent that they have not vested as of the
termination of your Service. In addition, if the Performance Milestone is not achieved on or before September 30, 2008, then your Restricted Shares will be forfeited. In either case, this means that any Restricted Shares that have not vested
under this Agreement will immediately revert to the Company. You receive no payment for Restricted Shares that are forfeited.
  
 The Company determines when your Service terminates for this purpose.

		
	Leaves of Absence and Part-Time Work	  	 For purposes of this grant, your Service does not terminate when you go on a military leave, a sick leave or another bona fide leave of
absence, if the leave was approved by the Company in writing and if continued crediting of Service is required by applicable law, the Company’s written leave of absence policy (as in effect for similarly situated employees) or the terms of your
leave. But your Service terminates when the approved leave ends, unless you immediately return to active work.
  
 If you go on a leave of absence, then the vesting dates specified above may be adjusted in accordance with the Company’s written leave of absence policy (as in effect for similarly situated employees) or the
terms of your leave. If you commence working on a part-time basis, then the vesting dates specified above may be adjusted in accordance with the Company’s written part-time work policy (as in effect for similarly situated employees) or the
terms of an agreement between you and the Company pertaining to your part-time schedule.

  

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	Voting Rights	  	You may vote your shares even before they vest.
		
	Stock Certificates	  	The Company will hold your Restricted Shares for you. After shares have vested, a stock certificate for those shares will be released to a broker for your account. The Company will select the
broker at its discretion.
		
	Withholding Taxes	  	 You will be required to pay all withholding taxes that become due as a result of this grant or the vesting of the shares. You may direct the
Company to deduct the withholding taxes from any cash compensation payable to you, or you may pay the withholding taxes to the Company in cash.
  
 The Company will instruct the broker whom it has selected for this purpose to sell shares with a value sufficient to satisfy any remaining withholding taxes. You agree
that the broker selected by the Company may sell a portion of your shares for your account, in accordance with the Company’s instructions, in order to pay the remaining amount of withholding taxes required by law.

		
	Restrictions on Resale	  	You agree not to sell any shares at a time when applicable laws or the Company’s Securities Trading Policy prohibit a sale. This restriction will apply as long as your Service continues
and for such period of time after the termination of your Service as the Company may specify.
		
	No Retention Rights	  	Your grant or this Agreement does not give you the right to be employed or retained by the Company or a subsidiary of the Company in any capacity. The Company and its subsidiaries reserve the
right to terminate your Service at any time, with or without cause.
		
	Adjustments	  	In the event of a stock split, a stock dividend or a similar change in Company stock, the number of Restricted Shares that remain subject to forfeiture will be adjusted
accordingly.
		
	Applicable Law	  	This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions).

  

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	The Plan and Other Agreements	  	 The text of the Plan is incorporated in this Agreement by reference.
  
 The Plan, this Agreement and the Notice of Restricted Stock Award constitute the entire
understanding between you and the Company regarding this grant. Any prior agreements, commitments or negotiations concerning this grant are superseded. However, if you and the Company entered into a Severance Agreement, then that Severance Agreement
is not superseded and will continue to apply. This Agreement may be amended only by another written agreement between the parties.

 BY ACCEPTING THIS GRANT,
YOU AGREE TO ALL OF THE TERMS AND 
 CONDITIONS DESCRIBED ABOVE, IN THE PLAN AND IN 
 THE NOTICE OF RESTRICTED STOCK AWARD. 
  

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