Document:

First Amendment to the Executive Supplemental Benefit Plan

 EXHIBIT 10 (l) 
 FIRST AMENDMENT TO THE 
 COMPUTER TASK GROUP, INCORPORATED 
 EXECUTIVE SUPPLEMENTAL BENEFIT PLAN 
 1997 RESTATEMENT 
 WHEREAS, pursuant to Article 15.1 of the Computer Task Group, Incorporated Executive Supplemental Benefit Plan 1997
Restatement (the “Plan”), the Compensation Committee of the Board of Directors reserved the right to amend the Plan. 
 NOW, THEREFORE, the Plan is
hereby amended as follows: 
 1. The following provisions are added at the end of Article 2 of the Plan: 
 2.22 “Early Retirement Age” shall mean the later of (a) the completion of five years of service from the date the Employee becomes a Member
of the Plan, or (b) (i) in the case of a Member whose benefits became nonforfeitable under Section 2.13 prior to December 1, 1994 and who does not participate in any plan that is a successor to this Plan, age 55, or (ii) in
the case of any other Member, age 60. 
 2.23 “Early Retirement” shall mean severance from employment with the Company at or after
attaining Early Retirement Age, but before attaining Normal Retirement Age. 
 2.24 “Early Retirement Benefit” shall mean a monthly
benefit beginning earlier than Normal Retirement Age and for a Member whose benefit became nonforfeitable under Section 2.13 prior to December 1, 1994 and who does not participate in any plan that is a successor to this Plan, at age 55 or
later, and, for any other Member, at age 60 or later, and continuing for 180 months or the life of the Member, whichever is the greater. The monthly benefit is an amount calculated in the same manner as the Normal Retirement Benefit and then
actuarially reduced for commencement prior to a Member’s Normal Retirement Age based on the following factors: 
  

							
		 	  
   Mortality:
	  	  
 1994
Group Annuity Mortality
  
	  	
		 	  
   Pre and Post Retirement  
   Interest:
	  	  
 The annual interest rate on
 10-year Treasury securities for the
month that is two months before the
month in which the
benefit commences  
	  	

 2. Section 2.20, “Post-retirement Death Benefit”, is amended and restated in its entirety to read
as follows: 
 2.20 “Post-retirement Death Benefit” shall mean that benefit payable to a Member’s Beneficiary if the Member
dies prior to separation from service with the Company but after Normal Retirement Age, or if the Member dies after Normal or Early Retirement, and the Member has not received any or all of the Retirement Benefit payment provided for under this
Plan. 
 3. Section 2.21, “Voluntary Termination”, is amended and restated in its entirety to read as follows: 
 2.21 “Voluntary Termination” shall mean severance from employment with the Company before attaining the Normal or Early Retirement Age for
reasons other than cause, as defined in Section 9.3. 
 4. The caption heading for Article V, “Voluntary Termination Benefit”, is amended and
restated in its entirety to read as follows: 
  

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 ARTICLE V 
 EARLY RETIREMENT - VOLUNTARY TERMINATION BENEFITS 
 5. Section 5.3 is amended and restated in its entirety as
follows: 
 5.3 Notwithstanding Section 5.1, a Member whose benefits first became nonforfeitable under Section 2.13 prior to
December 1, 1994 and who does not participate in any plan that is a successor to this Plan can apply to the Committee for an earlier distribution of the Member’s Early Retirement Benefit, if the Member has attained at least age 55 as of
the date of the first payment. The application must be submitted to the Committee not less than six months before the first payment date, and first payment date will be available only on the Member’s attainment of age 55, 56, 57, 58 or 59. The
payment of a benefit before age 60 shall be permitted solely in the discretion of the Committee. The requirement of six months application may be waived by the Committee in its discretion. 
 6. The following provisions are added at the end of Article 5 of the Plan: 
 5.4 Notwithstanding Section 5.2, a Member whose benefits first became nonforfeitable under Section 2.13 after November 30, 1994, or a Member who participates in any plan that is a successor to this Plan
can apply to the Committee for an earlier distribution of the Member’s Early Retirement Benefit, if the Member has attained at least age 60 as of the date of first payment. The application must be submitted to the Committee not less than six
months before the first payment date, and first payment date will be available only on the Member’s attainment of age 60, 61, 62, 63 or 64. The payment of a benefit before age 65 shall be permitted solely in the discretion of the Committee. The
requirement of six months application may be waived by the Committee in its sole discretion. 
 5.5 The amount of the nonforfeitable Early
Retirement Benefit shall be determined based on the forfeitability provision of Section 2.13 and Article IX. 
 7. Section 7.1 is amended and
restated in its entirety to read as follows: 
 7.1 If a Member shall die after the commencement of Normal or Early Retirement Benefit
payments, but before 180 payments have been made, the Retirement Benefit payments then remaining unpaid to a Member shall continue to be paid to the Member’s Beneficiary as a Post-retirement Death Benefit in the form and manner such payments
would have continued to be paid to the Member. 
 8. Section 7.2 is amended and restated in its entirety to read as follows: 
 7.2 If a Member shall die after attaining Early Retirement Age and benefits have not commenced, 180 Retirement Benefit payments shall be paid to a
Member’s Beneficiary as a Post-retirement Death Benefit in the form and manner such payments would have been paid to the Member. The benefit shall commence within 60 days following the date of death of such Member and continue for 180 months.

 9. The following provision is added at the end of Article 7 of the Plan: 
 7.5 If a Member shall die before Early Retirement Age, is not employed by the Company on the date of death, and is not otherwise entitled to a Death Benefit under Article IV, the Early Retirement Benefit to which the
Member otherwise would have been entitled shall be paid to the Member’s Beneficiary, commencing within 60 days of the date of the Member would have reached Early Retirement Age based on the Member’s Basic Compensation immediately preceding
the Member’s separation from service with the Company, and reduced in accordance with Section 2.24 for early payment of such benefit. 
 10.
Section 9.1 of Article IX, “Conditions Precedent to Benefits”, is amended and restated in its entirety to read as follows: 
 9.1 A Member’s right to a Retirement Benefit shall be forfeitable in accordance with the level Classification assigned to the Member by the Committee. All forfeitable benefits will be forfeited upon Early Retirement, Normal Retirement,
Voluntary Termination or termination of employment for cause or for other reasons, as provided in this Article IX. 
  

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 The effective date of this amendment is December 1, 2000. In all other respects, the Plan provisions remain in full
force and effect. 
 IN WITNESS WHEREOF, the Company has caused this instrument to be executed by its
duly authorized officer this 17th day of November, 2000. 
  

			
	Computer Task Group, Incorporated
		
	By	 	  

  

 97Compensation Arrangements for the Named Executive Officers

 EXHIBIT 10 (m) 
 COMPUTER TASK GROUP, INCORPORATED 
 COMPENSATION ARRANGEMENTS FOR THE NAMED EXECUTIVE OFFICERS 

 Set forth below is a summary of the annual and incentive compensation paid by Computer Task Group, Incorporated (the Company) to its named executives
(defined in Regulation S-K Item 402(a)(3)) in their current positions as of the date of the filing of the Company’s Annual Report on Form 10-K for the year ended December 31, 2007. All of the Company’s executive officers are
at-will employees whose compensation and employment status may be changed at any time at the discretion of the Company’s Board of Directors, subject only to the terms of employment agreements, as applicable, between the Company and these
executive officers. 
 Effective January 1, 2008, the named executive officers are scheduled to receive the following annual base salaries in their
current positions: 
  

				
	 	  	Current Annual Salary
	 James R. Boldt
	  	$	437,750
	 Chairman, President and Chief Executive Officer
	  		
	 Brendan M. Harrington
	  	$	206,000
	 Senior Vice President, Chief Financial Officer
	  		
	 Filip J.L. Gyde (1)
	  	$	294,931
	 Senior Vice President, General Manager, CTG Europe
	  		
	 Michael J. Colson
	  	$	239,000
	 Senior Vice President, Solutions
	  		
	 Arthur W. Crumlish
	  	$	232,000
	 Senior Vice President and General Manager, Strategic Staffing Solutions
	  		

 Executive officers are also eligible to receive incentive compensation each year primarily based upon the
achievement of certain targets. These targets may include specific levels of revenue growth, gross profit, operating income or earnings per share. Bonuses were awarded to the named executives for 2007 as follows: 
  

				
	 	  	2007 Bonus
		
	 James R. Boldt
	  	$	368,365
		
	 Brendan M. Harrington
	  	$	86,674
		
	 Filip J.L. Gyde
	  	$	65,500
		
	 Michael J. Colson
	  	$	122,535
		
	 Arthur W. Crumlish
	  	$	82,509

  

	(1)	Mr. Gyde is paid in Euros. This amount represents his base pay of 200,328 Euros translated into U.S. dollars at the January 1, 2008 exchange rate.

  

 98Change in Control Agreement, dated July 16, 2001

 EXHIBIT 10 (n) 
 CHANGE IN CONTROL AGREEMENT 
 THIS AGREEMENT, effective as of July 16, 2001 (the
“Effective Date”), is between Computer Task Group, Incorporated, a New York corporation with its executive offices at 800 Delaware Avenue, Buffalo, New York 14209 (the “Corporation”), and James R. Boldt, an individual residing at
142 Audubon Drive, Amherst, New York 14226 (the “Executive”). 
 RECITALS: 
 WHEREAS, the Executive is employed as the President and Chief Executive Officer of the Corporation; and 
 WHEREAS, it is in the best interests of the Corporation to reinforce and encourage the Executive’s continued disinterested full attention and
undistracted dedication to the duties of the Executive currently and in the potentially disturbing circumstances of a possible change in control of the Corporation by providing some degree of personal financial security to the Executive; and

 WHEREAS, it is in the best interests of the Corporation to enable the Executive, without being influenced by the uncertainties of
the Executive’s own situation, to assess and advise the Corporation whether proposals concerning any potential change in control are in the best interests of the Corporation and its shareholders and to take other action regarding these
proposals as the Corporation might determine to be appropriate; and 
 WHEREAS, to induce the Executive to remain in the employ of the
Corporation, the Board of Directors has determined it is desirable to pay the Executive the compensation set forth below if the Executive’s employment with the Corporation terminates in one of the circumstances described below in connection
with a change in control of the Corporation. 
 NOW, THEREFORE, in consideration of the promises and of the covenants contained in
this Agreement, the Corporation and the Executive agree as follows: 
 1. Definitions. The following definitions apply for purposes of
this Agreement. 
 (a) “Aggregate Exercise Price” means: 
  

	 	(i)	in the case of options to acquire common stock of the Corporation owned by the Executive, the total amount of cash or immediately available funds the Executive would be required to
pay to the Corporation to purchase all of the common stock of the Corporation that, on the date as of which the Aggregate Exercise Price is to be determined, the Executive is entitled to purchase under the terms of all issued, outstanding and
unexercised options to purchase common stock of the Corporation that are outstanding and exercisable on the date as of which the Aggregate Exercise Price of those options is to be determined; and 

  

	 	(ii)	in the case of options to acquire Successor Equity, the total amount of cash or immediately available funds the Executive would be required to pay to the Successor to purchase all
the Successor Equity that, on the date as of which the Aggregate Exercise Price is to be determined, the Executive is entitled to purchase under the terms of all issued, outstanding and unexercised options to purchase Successor Equity that are
outstanding and exercisable on the date as of which the Aggregate Exercise Price of those options is to be determined. 

  

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 (b) “Built in Gain” means an amount equal to: 
  

	 	(i)	the Highest Sale Price as of the date of a Change in Control multiplied by the total number of shares of common stock of the Corporation that the Executive could acquire by
exercising all of the options to acquire common stock of the Corporation that, as of the date of the Change in Control, were issued to the Executive, outstanding and unexercised, minus 

  

	 	(ii)	the Aggregate Exercise Price of those options. 

 (c)
“Board of Directors” or “Board” means the Board of Directors of the Corporation. 
 (d) “Cause” means a
finding by the Board of Directors, with notice in writing to the Executive setting forth in reasonable detail its reasons, that any of the following conditions exist: 
  

	 	(i)	The Executive’s willful and continued failure to substantially perform his duties as President and Chief Executive Officer (other than as a result of the Executive’s
Disability). 

  

	 	(ii)	A willful act or omission by the Executive constituting fraud or other malfeasance, including without limitation acts of dishonesty constituting a felony offense under the laws of
the United States or any state thereof, and any act or omission by the Executive constituting immoral conduct, which in any such case is injurious to the financial condition or business reputation of the Corporation. 

  

	 	(iii)	A material breach by the Executive of the Employment Agreement dated as of July 16, 2001. 

 For purposes of this definition, an act or failure to act will be deemed “willful” only if it is effected by the Executive not in good faith and without a reasonable belief that his action or failure to act
was in or not opposed to the Corporation’s best interests. 
 (e) “Change in Control” means any one of the following
occurrences: 
  

	 	(i)	Approval by the stockholders of the Corporation of the dissolution or liquidation of the Corporation; 

  

	 	(ii)	Approval by the stockholders of the Corporation of an agreement to merge or consolidate, or otherwise reorganize, with or into one or more entities that are not Subsidiaries or
other affiliates, as a result of which less than 50% of the outstanding voting securities of the surviving or resulting entity immediately after the reorganization are, or will be, owned, directly or indirectly, by stockholders of the Corporation
immediately before such reorganization (assuming for purposes of such determination that there is no change in the record ownership of the Corporation’s securities from the record date for such approval until such reorganization and that such
record owners hold no securities of the other parties to such reorganization, but including in such determination any securities of the other parties to such reorganization held by affiliates of the Corporation); 

  

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	 	(iii)	Approval by the stockholders of the Corporation of the sale of substantially all of the Corporation’s business and/or assets to a person or entity that is not a Subsidiary or
other affiliate; or 

  

	 	(iv)	Any “Person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended from time to time, but excluding any person described in
and satisfying the conditions of Rule 13d-1(b)(1) thereunder), other than the Corporation, any Subsidiary of the Corporation, any employee benefit plan of the Corporation or of any of its Subsidiaries or any Person holding common shares of
the Corporation for or pursuant to the terms of any such employee benefit plan, becomes the beneficial owner (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Corporation representing more than 20% of
the combined voting power of the Corporation’s then outstanding securities entitled to then vote generally in the election of directors of the Corporation; or 

  

	 	(v)	During any period not longer than two consecutive years, individuals who at the beginning of such period constituted the Board cease to constitute at least a majority thereof,
unless the election, or the nomination for election by the Corporation’s stockholders, of each new Board member was approved by a vote of at least three-quarters of the Board members then still in office who were Board members at the beginning
of such period (including for these purposes, new members whose election or nomination was so approved). 

 (f)
“Code” means the Internal Revenue Code of 1986, as amended. 
 (g) “Conversion Options” means an option or options to
purchase Successor Equity, which option or options may be granted by the Successor to the Executive and are exercisable in full immediately following the Change in Control for an Aggregate Exercise Price that does not exceed the Aggregate Exercise
Price of the options to purchase common stock of the Corporation owned by the Executive on the date of the Change in Control and which options, if exercised by the Executive in full immediately following that Change in Control, would provide for the
ownership by the Executive of Successor Equity that, immediately following the acquisition of that Successor Equity by the Executive, may be sold by the Executive, free of any restrictions imposed on the sale of securities by the Securities Act of
1933, for a price that exceeds the Aggregate Exercise Price of those options by an amount not less than the Built in Gain. Under no circumstances is the Executive required to accept a grant of Conversion Options from the Successor. 
 (h) “Corporation” means Computer Task Group, Incorporated. 
 (i) “Disability” means a disability that exists for a period of at least 12 months and because of which the Executive is physically or mentally unable to substantially perform his regular duties as
President or Chief Executive Officer of the Corporation, as the case may be. 
 (j) “Good Reason” means any of the following
occurrences, with notice to the Corporation from the Executive setting forth in reasonable detail his reasons: 
  

	 	(i)	A material diminution in the Executive’s responsibilities, duties, title, reporting responsibilities within the business organization, status, role or authority.

  

	 	(ii)	A reduction by the Corporation in the Executive’s annual base salary as in effect on the date of a Change in Control or as in effect thereafter if that base salary has been
increased. 

  

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	 	(iii)	A reduction by the Corporation in the aggregate value of benefits provided to the Executive, as in effect on the date of a Change in Control or as in effect after that date if those
benefits have been increased. “Benefits” includes all profit sharing, 401(k), retirement, pension, health, medical, dental, disability, insurance, automobile, severance, vacation, leave, reimbursement, and similar benefits.

  

	 	(iv)	A failure to continue in effect any stock option or other equity-based or non-equity based incentive compensation plan in effect immediately prior to the Change in Control, or a
reduction in the Executive’s participation in any such plan, unless the Executive is afforded the opportunity to participate in alternative incentive compensation plans or agreements of reasonably equivalent value. 

  

	 	(v)	A material breach by the Corporation of any provision of this Agreement or of any stock option or other equity-based plan or agreement with the Executive. 

 

	 	(vi)	Removal from, or failure to re-elect, the Executive to the position of President or Chief Executive Officer. 

  

	 	(vii)	A requirement, in the Executive’s reasonable judgment, that the services required to be performed by the Executive would necessitate the Executive moving his residence from the
Buffalo, New York area. 

 The Corporation will have 20 business days from the date of notice from the Executive stating his claim of Good
Reason to cure the circumstances stated that create the Good Reason cited by the Executive in the notice. If the Corporation does not, or cannot, cure the Good Reason to the Executive’s reasonable satisfaction, the Good Reason will be deemed to
have occurred at the end of the 20-day period. 
 (k) “Highest Sale Price” means: 
  

	 	(i)	with respect to the common stock of the Corporation, the highest closing sale price at which common stock of the Corporation has been sold, in an established securities market,
during the 12 consecutive month period ending on the date as of which the Highest Sale Price of the common stock of the Corporation is to be determined; and 

  

	 	(ii)	with respect to Successor Equity, the highest closing sale price at which Successor Equity has been sold, in an established securities market, during the 12 consecutive month period
ending on the date of which the Highest Sale Price of the Successor Equity is to be determined. 

 (l) “Subsidiary”
means any corporation or other entity a majority of whose outstanding voting stock or voting power is beneficially owned directly or indirectly by the Corporation. 
 (m) “Successor” means, the person, firm, corporation or other entity that, as a result of a Change in Control, has succeeded, directly or indirectly, to all or substantially all the assets, rights,
properties, liabilities and obligations of the Corporation. 
 (n) “Successor Equity” means capital stock or any other equity
interest in the Successor. 
 2. Benefits upon Change in Control. The Corporation will provide the benefits listed below in
subsections (a) through (c) on a Change in Control. All amounts payable on a Change in Control under all subsections of this Section will be made by bank check or wire transfer at the Change in Control, or, if that is not 

  

 102 

 
within the control of the Corporation, not later than the tenth business day following the Change in Control. For purposes of this Section, references to
payments by the Corporation include payments from any entity related to the Corporation, such as the Corporation’s Stock Employee Compensation Trusts. 
 (a) Stock Rights. As of the date of the Change in Control, the Executive will become fully vested in, and entitled to exercise immediately all stock-related awards he has been granted under any plans or
agreements of the Corporation, including without limitation, awards under the 1991 Stock Option Plan and the 2000 Equity Award Plan. Unless otherwise required to be limited for an option to qualify as an Incentive Stock Option under the Code or
unless otherwise terminated by the maximum limits of the applicable plan, the Executive will be entitled to exercise all these awards for a period of not less than 12 months following the Change in Control. The acceleration of vesting and
exercisability under this Section will apply notwithstanding any provision in the 2000 Equity Award Plan or any other plan or agreement that would prevent the acceleration and vesting of the awards or cause them to be canceled, rescinded or
otherwise impaired. 
 (b) Deferred Compensation. All deferred or otherwise contingent compensation of the Executive will become
(i) vested and (ii) immediately payable in cash. For purposes only of (ii) in the preceding sentence, a Change in Control under Section 1(e)(ii) will be determined only by substituting 70% for 50% in that Section 1(e)(ii).

 (c) Conversion Rights. If, following the Change in Control (or, in the case of a Change in Control event described in
Section 1(e)(ii) or (iii), following the merger or sale transaction referred to in those paragraphs (the consummation of that merger or sale transaction is referred to as a “Merger or Sale Event”)): 
  

	 	(i)	the Corporation’s legal existence continues but the number of shares of common stock of the Company the Executive is entitled to purchase pursuant to the exercise of all
options to purchase the Corporation’s common stock owned by the Executive immediately following the Change in Control for a price not more than the Aggregate Exercise Price of his unexercised options immediately prior to the Change in Control,
is not, on a fully diluted basis, at least equal to the same proportion, on a fully diluted basis, of the issued and outstanding shares of common stock of the Corporation that could have been purchased by the Executive pursuant to the exercise of
all of his options immediately prior to the Change in Control; or  

  

	 	(ii)	the common stock of the Corporation is no longer listed for trading on an established securities market and the Successor, effective as of the date of the Change in Control, has not
offered to grant Conversion Options to the Executive in lieu of the options of the Executive to purchase common stock of the Corporation; or 

  

	 	(iii)	the common stock of the Corporation is no longer listed for trading on an established securities market and the Successor has offered to grant Conversion Options to the Executive,
effective as of the date of the Change in Control (in lieu of the Executive’s options to purchase common stock of the Corporation), but the Executive has elected not to accept that grant of Conversion Options; then

 the Executive will be paid, in one lump sum payment not later than 20 business days following the Change in Control (or, in the case of a
Change in Control event described in Section 1(e)(ii) or (iii), not later than 20 business days following the Merger or Sale Event), the Built in Gain on the options to purchase common stock of the Corporation that were issued to the
Executive and outstanding and unexercised on the date of the Change in Control and, after that, all those options will be canceled and will be deemed and construed to be null and void for all purposes. 
 For purposes of this subsection, references to options include all equity-based compensation, including without limitation, restricted stock and stock appreciation
rights. In the case of these types of equity-based compensation held by the Executive as of the Change in Control, the formulas and payouts under this subsection will be adjusted to reflect the equivalents under those types of equity-based
compensation. 
  

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 3. Benefits upon Termination. The Corporation will provide the benefits listed below in
subsections (a) through (f) on the termination of the Executive’s employment (i) by the Corporation without Cause or by the Executive with Good Reason in either case within 24 months following or in anticipation of or in
connection with a Change in Control, or (ii) by the Executive for any reason within 6 months after a Change in Control. Payments under subsections (a), (b), (c), (e) and (f) of this Section will be made by the tenth business day
following the termination of the Executive’s employment. For purposes of this Section, references to payments by the Corporation include payments from any entity related to the Corporation, such as the Stock Employee Compensation Trusts. Also,
references to payments by the Successor include payments from the Corporation’s Stock Employee Compensation Trusts if those trusts are permitted to make the payments. 
 (a) Salary. The Executive will receive 2.99 times his full rate of salary in effect, including directors’ fees, if any, (whether or not
deferred) on the date immediately prior to the Change in Control or, if greater, the amount in effect at any date after the Change in Control. 
 (b) Bonus. The Executive will receive a cash bonus equal to 2.99 times the highest annual bonus payable (whether or not deferred) to him in the 3 calendar years preceding the year in which the Change in Control occurs. 
 (c) Fringe Benefits. The Executive will receive a lump sum payment equal to 25% of the sum of (i) one times his full rate of salary, as
defined in (a), and (ii) highest annual bonus, as defined in (b). This payment represents the value to which the parties agree the Executive otherwise would be entitled with respect to fringe benefits (including without limitation profit
sharing, 401(k), retirement, pension, health, medical, dental, disability, insurance, automobile, severance, vacation, leave, reimbursement, and similar benefits) for 36 months. 
 (d) Indemnification. For a 60-month period following the date of the Executive’s termination of employment, the Corporation will continue
any indemnification agreement with the Executive and will provide directors’ and officers’ liability insurance insuring the Executive that coverage will have limits and scope of coverage not less than that in effect immediately prior to
the Change in Control. 
 (e) Cash-Out of Stock Options and Other Equity-Related Compensation. 
  

	 	(i)	In Corporation. If the options to purchase common stock of the Corporation have not been canceled as provided for in Section 2(c), to the extent that the Executive has
any unexercised options to purchase common stock of the Corporation that are exercisable at the time of the termination of the Executive’s employment under this Section, the Executive will receive an amount equal to: 

 

	 	(A)	the Highest Sale Price of the common stock of the Corporation determined as of the date of the termination of the Executive’s employment under this Section; multiplied
by 

  

	 	(B)	the aggregate number of shares of common stock of the Corporation the Executive is entitled to purchase pursuant to the terms of all options to purchase any common stock of the
Corporation owned by the Executive and exercisable on the date of the termination of the Executive’s employment under this Section; minus 

  

	 	(C)	the Aggregate Exercise Price of the issued and outstanding unexercised options to purchase common stock of the Corporation owned by the Executive as of the date of the termination
of the Executive’s employment under this Section, to the extent that those options are exercisable as of that date. 

  

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	 	(ii)	In Successor. If the Executive has elected to accept a grant of Conversion Options from the Successor and, at the time of the termination of the Executive’s employment
under this Section, the Executive owns Conversion Options or any other options to acquire any Successor Equity that are exercisable at the time of the termination of the Executive’s employment under this Section, and any of those Conversion
Options and other options to purchase Successor Equity have not been exercised by the Executive, the Executive will receive an amount equal to: 

  

	 	(A)	the Highest Sale Price, determined as of the date of the termination of the Executive’s employment under this Section, of each unit of Successor Equity that could be acquired
by the Executive on the exercise of all outstanding Conversion Options and other options to purchase Successor Equity on the date of the termination of the Executive’s employment under this Section; multiplied by

  

	 	(B)	the aggregate number of units of Successor Equity the Executive is entitled to purchase pursuant to the terms of all options to purchase Successor Equity owned by the Executive and
exercisable on the date of the termination of the Executive’s employment under this Section; minus 

  

	 	(C)	the Aggregate Exercise Price of the issued and outstanding unexercised Conversion Options and other options to purchase Successor Equity owned by the Executive and exercisable as of
the date of the termination of the Executive’s employment under this Section. 

 For purposes of this subsection, references to options
and to Successor Equity include all equity-based compensation, including without limitation, restricted stock and stock appreciation rights. In the case of these types of equity-based compensation held by the Executive as of the Change in Control or
as of the termination of the Executive’s employment under this Section, the formulas and payouts under this subsection will be adjusted to reflect the equivalents under those types of equity-based compensation. 
 (f) Deferred Compensation. The Executive will receive all deferred or otherwise contingent compensation not paid out as of the date of the
termination of the Executive’s employment. 
 4. Withholding. The Corporation will deduct or withhold from all salary and bonus
payments, and from all other payments made to the Executive pursuant to this Agreement, all amounts that may be required to be deducted or withheld under any applicable Social Security contribution, income tax withholding or other similar law now in
effect or that may become effective during the term of this Agreement. 
 5. Other Termination. Upon termination of the
Executive’s employment for Cause or because of death or Disability, or not within the time related to a Change in Control as described in Section 3, no benefits will be payable under this Agreement. 
 6. Additional Payments. Notwithstanding anything in this Agreement, the 2000 Equity Award Plan, or any other agreement or plan to the contrary, in
the event it is determined that any payments or distributions by the Corporation or any affiliate (as defined under the Securities Act of 1933, as amended, and the 

  

 105 

 
regulations thereunder) thereof or any other person to or for the benefit of the Executive, whether paid or payable pursuant to the terms of this Agreement,
or pursuant to any other agreement or arrangement with the Corporation or any such affiliate (“Payments”), would be subject to the excise tax imposed by Section 4999 of the Code, or any successor provision, or any interest or
penalties with respect to the excise tax (the excise tax, together with any interest and penalties, are hereinafter collectively referred to as the “Excise Tax”), then the Executive will be entitled to receive an additional payment from
the Corporation (a “Gross-Up Payment”) in an amount that after payment by the Executive of all taxes (including, without limitation, any interest or penalties imposed with respect to such taxes and any Excise Tax) imposed upon the Gross-Up
Payment, the Executive retains an amount of the Gross-Up Payment equal to the Excise Tax imposed upon the Payments. The amount of the Gross-Up Payment will be calculated by the Corporation’s independent accounting firm, engaged immediately
prior to the event that triggered the payment, in consultation with the Corporation’s outside legal counsel. For purposes of making the calculations required by this Section, the accounting firm may make reasonable assumptions and
approximations concerning applicable taxes and may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the Code, provided that the accounting firm’s determinations must be made with substantial
authority (within the meaning of Section 6662 of the Code). The Gross-Up Payment will be paid on the Executive’s last day of employment or on the occurrence of the event that results in the imposition of the Excise Tax, if later. If the
precise amount of the Gross-Up Payment cannot be determined on the date it is to be paid, an amount equal to the best estimate of the Gross-Up Payment will be made on that date and, within 10 days after the precise calculation is obtained, either
the Corporation will pay any additional amount to the Executive or the Executive will pay any excess amount to the Corporation, as the case may be. If subsequently the Internal Revenue Service (the “IRS”) claims that any additional Excise
Tax is owing, an additional Gross-Up Payment will be paid to the Executive within 30 days of the Executive providing substantiation of the claim made by the IRS. After payment to the Executive of the Gross-Up Payment, the Executive will provide to
the Corporation any information reasonably requested by the Corporation relating to the Excise Tax, the Executive will take those actions as the Corporation reasonable requests to contest the Excise Tax, cooperate in good faith with the Corporation
to effectively contest the Excise Tax and permit the Corporation to participate in any proceedings contesting the Excise Tax. The Corporation will bear and pay directly all costs and expenses (including any interest or penalties on the Excise Tax),
and indemnify and hold the Executive harmless, on an after-tax basis, from all such costs and expenses related to such contest. Should it ultimately be determined that any amount of an Excise Tax is not properly owed, the Executive will refund to
the Corporation the related amount of the Gross-Up Payment. 
 7. Non-Exclusivity of Rights. Except as otherwise specifically
provided, nothing in this Agreement prevents or limits the Executive’s continued or future participation in any benefit, incentive, or other plan, practice, or program provided by the Corporation and for which the Executive may qualify. Any
amount of vested benefit or any amount to which the Executive is otherwise entitled under any plan, practice, or program of the Corporation will be payable in accordance with the plan, practice, or program, except as specifically modified by this
Agreement. However, if the Executive receives the payments under Section 3, the Executive will not be entitled to any severance payments (which excludes for this purpose all types of equity-based compensation not cashed out under
Section 2(c) or 3(e)) otherwise payable under any other agreement, plan, or practice providing for severance compensation. 
 8. No
Obligation to Seek Other Employment. The Executive will not be obligated to seek other employment or to take other action to mitigate any amount payable to him under this Agreement. 
 9. Successors. This Agreement is personal to the Executive and may not be assigned by the Executive other than by will or the laws of descent and
distribution. This Agreement will inure to the benefit of and be enforceable by the Executive’s legal representatives or successors in interest. Notwithstanding any other provision of this Agreement, the Executive may designate a successor or
successors in interest to receive any amounts due under this Agreement after the Executive’s death. A designation of a successor in interest must be made in writing, signed by the Executive, and delivered to the Corporation. Except as otherwise
provided in this Agreement, if the Executive has not designated a successor in interest, payment of benefits under this Agreement will be made to the Executive’s estate. This Section will not supersede any designation of beneficiary or
successor in interest made by the Executive or provided for under any other plan, practice, or program of the Corporation. 
 This Agreement
will inure to the benefit of and be binding upon the Corporation and its successors and assigns. 
  

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 The Corporation will require any successor (whether direct or indirect, by acquisition of assets, merger,
consolidation or otherwise) to all or substantially all of the operations or assets of the Corporation or any successor, and without regard to the form of transaction used to acquire the operations or assets of the Corporation, to assume and agree
to perform this Agreement in the same manner and to the same extent that the Corporation would be required to perform it if no succession had taken place. As used in this Agreement, “Corporation” means the Corporation and any successor to
its operations or assets as set forth in this Section that is required by this clause to assume and agree to perform this Agreement or that otherwise assumes and agrees to perform this Agreement. 
 10. Benefit Claims. In the event the Executive, or his beneficiaries, as the case may be, and the Corporation disagree as to their respective
rights and obligations under this Agreement, and the Executive or his beneficiaries are successful in establishing, privately or otherwise, that his or their position is substantially correct, or that the Corporation’s position is substantially
wrong or unreasonable, or in the event that the disagreement is resolved by settlement, the Corporation will pay all costs and expenses, including counsel fees, that the Executive or his beneficiaries may incur in connection therewith directly to
the provider of the services or as may otherwise be directed by the Executive or his beneficiaries. The Corporation will not delay or reduce the amount of any payment provided for hereunder or setoff or counterclaim against any such amount for any
reason whatsoever; it is the intention of the Corporation and the Executive that the amounts payable to the Executive or his beneficiaries hereunder will continue to be paid in all events in the manner and at the times herein provided. All payments
made by the Corporation hereunder will be final and the Corporation will not seek to recover all or any part of any portion of any payments hereunder for any reason. 
 11. Failure, Delay or Waiver. No course of action or failure to act by the Corporation or the Executive will constitute a waiver by the party of any right or remedy under this Agreement, and no waiver by either
party of any right or remedy under this Agreement will be effective unless made in writing. 
 12. Severability. Whenever possible,
each provision of this Agreement will be interpreted in such a manner as to be enforceable under applicable law. However, if any provision of this Agreement is deemed unenforceable under applicable law by a court having jurisdiction, the provision
will be unenforceable only to the extent necessary to make it enforceable without invalidating the remainder thereof or any of the remaining provisions of this Agreement. 
 13. Notice. All written communications to parties required hereunder must be in writing and (a) delivered in person, (b) mailed by registered or certified mail, return receipt requested, (such mailed
notice to be effective 4 days after the date it is mailed) or (c) sent by facsimile transmission, with confirmation sent by way of one of the above methods, to the party at the address given below for the party (or to any other address as the
party designates in a writing complying with this Section, delivered to the other party): 
 If to the Corporation: 
  

			
	Computer Task Group, Incorporated
	 800 Delaware Avenue
 Buffalo, New York 14209

	Attention:	  	General Counsel
	Telephone:	  	716-882-8000
	Telecopier:	  	716-887-7370

  

			
	with a copy to:
	
	 Hodgson, Russ, Andrews, Woods & Goodyear, LLP
 One M&T Plaza, Suite 2000
 Buffalo, New York 14203

	Attention:	  	Dianne Bennett, Esq. and Ward B. Hinkle, Esq.
	Telephone:	  	716-856-4000
	Telecopier:	  	716-849-0349

  

 107 

 If to the Executive: 
  

			
	 James R. Boldt
 142 Audubon Drive

Amherst, New York 14226

	Telephone:	  	716-839-0907

 14. Miscellaneous. This Agreement (a) may not be amended, modified or terminated
orally or by any course of conduct pursued by the Corporation or the Executive, but may be amended, modified or terminated only by a written agreement duly executed by the Corporation and the Executive, (b) is binding upon and inures to the
benefit of the Corporation and the Executive and each of their respective heirs, representatives, successors and assignees, except that the Executive may not assign any of his rights or obligations pursuant to this Agreement, (c) except as
otherwise specifically provided in this Agreement, constitutes the entire agreement between the Corporation and the Executive with respect to the subject matter of this Agreement, and supersedes all oral and written proposals, representations,
understandings and agreements previously made or existing with respect to such subject matter, including that certain employment agreement dated October 17, 2000 and any similar agreements, and (d) will be governed by, and interpreted and
construed in accordance with, the laws of the State of New York, without regard to principles of conflicts of law. 
 15 Term.

 (a) Except as provided in (b), this Agreement will not be terminated earlier than 36 months after its Effective Date. The Agreement will
be extended automatically for additional 12-month periods unless one party notifies the other prior to the beginning of the successive 36 month period that it is terminating the Agreement. The intention of the preceding sentence is that if a party
does not give notice, at least 36 months remain in the Agreement. 
 (b) This Agreement will terminate when the Corporation has made the
last payment provided for under it, including without limitation, any payments payable at any time under Sections 9 and 10. However, the obligations under Section 3(d) will survive any termination and will remain in full force and effect for
the period specified. 
 IN WITNESS WHEREOF, the parties have duly executed this Agreement as of the date first above written. 
  

			
	CORPORATION:
		
	By	 	  

	Name:	 	Randolph A. Marks
	Title:	 	Chairman of the Board of Directors
	
	EXECUTIVE:
	
	  

		 	James R. Boldt

  

 108

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