Document:

Employment  Separation and General Release Agreement

 EXHIBIT 10.14 
 EMPLOYMENT SEPARATION AND GENERAL RELEASE AGREEMENT 
 This Employment Separation and General
Release Agreement (this “Separation Agreement”), is entered into this 8th day of March 2005, by and
between Charles Davis, an individual (“Davis”), and MSC.Software Corporation, a Delaware corporation (“MSC”). 
 WHEREAS, Davis has been employed as the Vice President of Finance for MSC; and 
 WHEREAS, Davis and MSC mutually
agreed to terminate Davis’ employment relationship with MSC upon the terms set forth herein; 
 NOW, THEREFORE, in consideration
of the covenants undertaken and the releases contained in this Separation Agreement and the Consulting Agreement attached as Exhibit C hereto (the “Consulting Agreement”), Davis and MSC agree as follows: 
 I. Resignation. Davis resigned as an officer, director, employee, member, manager and in any other capacity with MSC and each of its
affiliates, effective February 7, 2005 (the “Separation Date”). Davis hereby confirms such resignation. Concurrently with the execution of this Separation Agreement, Davis shall execute the letter attached as Exhibit A
hereto and promptly deliver such letter to MSC. MSC and its affiliates accepted such resignation effective February 7, 2005. MSC hereby confirms such acceptance. Davis acknowledges and agrees that he has received all amounts owed for his
regular and usual salary (including, but not limited to, any severance, overtime, bonus, accrued vacation, commissions, or other wages) and usual benefits, and that all payments due to Davis from MSC after the Separation Date shall be , determined
under this Separation Agreement and the Consulting Agreement. 
 II. Severance. 
 A. Severance Pay. MSC shall pay as severance pay to Davis (i) a lump sum amount of Twenty-Five Thousand Dollars and No
Cents ($25,000.00), less standard withholding and authorized deductions, within thirty (30) days after his return of this executed Agreement to MSC (“Lump Sum Severance Payment”), and (ii) a monthly severance benefit of
Sixteen Thousand Nine Hundred Fourteen Dollars and No Cents ($16,914.00) per month, less standard withholding and authorized deductions, for a period of six consecutive months commencing with March 2005 and ending with August 2005 (“Salary
Continuation Payments”). The Salary Continuation Payment for any such month will be paid to Davis not later than the last day of such month and may be paid, in MSC’s discretion, in installments during such month; provided that in no
event shall MSC be required to make any such payment earlier than thirty (30) days after Davis returns this executed Agreement to MSC. 
 B. Health Benefit Continuation. For a period of six (6) months following the Separation Date, MSC shall either pay or reimburse Davis for one hundred percent (100%) of Davis’ COBRA
premiums to continue for such period the same or reasonably equivalent medical coverage for Davis (and, if applicable, Davis’ eligible dependents) as in effect immediately prior to the Separation Date. For a period of six (6) months
following the Separation Date, Davis shall 

  

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also be entitled to continued supplemental medical benefit coverage under MSC’s executive medical benefit program. 
 C. No Other Benefits. The severance payments and benefits pursuant to this Section II are for and in lieu of any other
payments or benefits (and, except as specifically provided herein, none shall accrue) beyond the Separation Date. Davis specifically acknowledges and agrees that he is entitled to receive no severance pay or other benefits pursuant to any severance
plan or policy of MSC or any of its affiliates. 
 III. Non-Disparagement. Davis agrees that he shall not (1) directly or
indirectly, make or ratify any statement, public or private, oral or written, to any person that disparages, either professionally or personally, MSC or any of its affiliates, past and present, and each of them, as well as its and their trustees,
directors, officers, members, managers, partners, agents, attorneys, insurers, employees, stockholders, representatives, assigns, and successors, past and present, and each of them, or (2) make any statement or engage in any conduct that has
the purpose or effect of disrupting the business of MSC or any of its affiliates. 
 IV. Consulting Agreement. Concurrently
with the execution of this Separation Agreement, Davis shall execute the Consulting Agreement attached as Exhibit C hereto. 
 V.
Release. Davis on behalf of himself, his descendants, dependents, heirs, executors, administrators, assigns, and successors, and each of them, hereby covenants not to sue and fully releases and discharges MSC and each of its parents,
subsidiaries and affiliates, past and present, as well as its and their trustees, directors, officers, members, managers, partners, agents, attorneys, insurers, employees, stockholders, representatives, assigns, and successors, past and present, and
each of them, hereinafter together and collectively referred to as the “Releasees,” with respect to and from any and all claims, wages, demands, rights, liens, agreements, contracts, covenants, actions, suits, causes of action,
obligations, debts, costs, expenses, attorneys’ fees, damages, judgments, orders and Liabilities of whatever kind or nature in law, equity or otherwise, whether now known or unknown, suspected or unsuspected, and whether or not concealed or
hidden, which he now owns or holds or he has at any time heretofore owned or held or may in the future hold as against any of said Releasees, arising out of or in any way connected with his service as an officer, director, employee, member or
manager of any Releasee, his separation from his position as an officer, director, employee, manager and/or member, as applicable, of any Releasee, or any other transactions, occurrences, acts or omissions or any loss, damage or injury whatever,
known or unknown, suspected or unsuspected, resulting from any act or omission by or on the part of said Releasees, or any of them, committed or omitted prior to the date of this Separation Agreement including, without limiting the generality of the
foregoing, any claim under Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, the Age Discrimination in Employment Act, the Family and Medical Leave Act of 1993, the California Fair Employment and Housing Act, the
California Family Rights Act, or any claim for severance pay, bonus, sick leave, holiday pay, vacation pay, life insurance, health or medical insurance or any other fringe benefit, workers’ compensation or disability; provided that such
release shall not apply to (1) any obligation created by or arising out of this Separation Agreement or the Consulting Agreement for which receipt or satisfaction has not been acknowledged, (2) any right to indemnification that Davis may
have pursuant to MSC’s Bylaws with respect to any losses that Davis may in the future 

  

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incur with respect to his past service as an officer or employee of MSC, and (3) with respect to any such losses, any rights that Davis may have to
insurance coverage for such losses under any MSC directors and officers liability insurance policy. 
 VI. 1542 Waiver. It is
the intention of Davis in executing this instrument that the same shall be effective as a bar to each and every claim, demand and cause of action hereinabove specified. In furtherance of this intention, Davis hereby expressly waives any and all
rights and benefits conferred upon him by the provisions of SECTION 1542 OF THE CALIFORNIA CIVIL CODE and expressly consents that this Separation Agreement shall be given full force and effect according to each and all of its express terms and
provisions, including those related to unknown and unsuspected claims, demands and causes of action, if any, as well as those relating to any other claims, demands and causes of action hereinabove specified. SECTION 1542 provides: 
 “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF
EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.” 
 Davis acknowledges that he may hereafter
discover claims or facts in addition to or different from those which Davis now knows or believes to exist with respect to the subject matter of this Separation Agreement and which, if known or suspected at the time of executing this Separation
Agreement, may have materially affected this settlement. Nevertheless, Davis hereby waives any right, claim or cause of action that might arise as a result of such different or additional claims or facts. Davis acknowledges that he understands the
significance and consequences of such release and such specific waiver of SECTION 1542. 
 VII. ADEA Waiver. Davis expressly
acknowledges and agrees that by entering into this Agreement, he is waiving any and all rights or claims that he may have arising under the Age Discrimination in Employment Act of 1967, as amended, which have arisen on or before the date of
execution of this Separation Agreement. Davis further expressly acknowledges and agrees that: 
 A. In return for this
Separation Agreement, he will receive consideration beyond that which he was already entitled to receive before entering into this Separation Agreement; 
 B. He is hereby advised in writing by this Separation Agreement to consult with an attorney before signing this Separation Agreement; 
 C. He was given a copy of this Separation Agreement on March 2, 2005 and informed that he had twenty-one (21) days within
which to consider this Separation Agreement; and 
 D. He was informed that he had seven (7) days following the
date of execution of this Separation Agreement in which to revoke this Separation Agreement. 
  

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 VIII. No Transferred Claims. Davis warrants and represents that he has not heretofore
assigned or transferred to any person not a party to this Separation Agreement any released matter or any part or portion thereof and he shall defend, indemnify and hold MSC and each of its affiliates harmless from and against any claim (including
the payment of attorneys’ fees and costs actually incurred whether or not litigation is commenced) based on or in connection with or arising out of any such assignment or transfer made, purported or claimed. 
 IX. Confidential Information. 
 A. Davis, in the performance of Davis’ services on behalf of MSC and its affiliates, has had access to, received and been entrusted with confidential information, including but in no way limited to
development, marketing, organizational, financial, management, administrative, production, distribution and sales information, data, specifications and processes presently owned or at any time in the future developed, by MSC, its affiliates, or its
or their agents or consultants, or used presently or at any time in the future in the course of its or their business that is not otherwise part of the public domain (collectively, the “Confidential Material”). All such Confidential
Material is considered secret and was made available to Davis in confidence. Davis represents that he has held all such information confidential and will continue to do so. 
 B. Except in the performance of services on behalf of MSC and its affiliates, Davis shall not, directly or indirectly for
any reason whatsoever, disclose or use any such Confidential Material, unless such Confidential Material ceases (through no fault of Davis’) to be confidential because it has become part of the public domain or he is otherwise obligated to
disclose such information by the lawful order of any competent jurisdiction. All records, files, drawings, documents, equipment and other tangible items, wherever located, relating in any way to the Confidential Material or otherwise to the business
of MSC or any of its affiliates, which Davis prepares, uses or encounters, shall be and remain the sole and exclusive property of the appropriate entity or entities and shall be included in the Confidential Material. Upon the termination or
expiration, as applicable, of the Consulting Term as set forth in the Consulting Agreement, or whenever requested by MSC, Davis shall promptly deliver to MSC any and all of the Confidential Material, not previously delivered to MSC, that may be or
at any previous time has been in Davis’ possession or under Davis’ control. 
 C. Davis hereby
acknowledges that the sale or unauthorized use or disclosure of any of the Confidential Material by any means whatsoever and any time before, during or after Davis’ engagement with MSC shall constitute “Unfair Competition.” Davis
agrees that Davis shall not engage in Unfair Competition either during the time engaged by MSC or any time thereafter. 
 X. Soliciting
Customers. Davis promises and agrees that he will not, during his engagement pursuant to the Consulting Agreement and for a period of one year following the termination or expiration, as applicable, of the Consulting Term under the
Consulting Agreement, influence or attempt to influence any customers of MSC or any of its affiliates, either directly or indirectly, to divert their business to any individual, partnership, firm, corporation or other entity which is currently or at
that particular point in time in competition with (or has plans to engage in business which would be in competition with) the business of 

  

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MSC or any of its affiliates. (For purposes of this Separation Agreement, a business in competition with MSC or its affiliates will be deemed to include
(without limiting any other business in competition with MSC or its affiliates) any business which is engaged in the development, marketing and/or support of virtual product development tools for the computer-aided engineering marketplace
(including, without limitation, simulation software and/or professional services).) Davis acknowledges that during his employment with MSC, he was given access to Confidential Material of MSC and its affiliates, and that such Confidential Material
constitutes MSC’s trade secrets. Davis acknowledges and agrees that this restriction is necessary in order for MSC to preserve and protect its legitimate proprietary interest in its Confidential Material and trade secrets. 
 XI. Soliciting Employees. Davis promises and agrees that he will not, during his engagement pursuant to the Consulting Agreement and for a
period of one year following the termination or expiration, as applicable, of the Consulting Term under the Consulting Agreement, directly or indirectly solicit any employee of MSC or any of its affiliates who earned annually $25,000 or more as an
employee of such entity during the last six months of his or her own employment to work for any business, individual, partnership, firm, or corporation. 
 XII. Stock Options. MSC has previously granted options on shares of MSC common stock to Davis. As of the Separation Date, such vested options (to the extent not previously expired, terminated, or
exercised) remained outstanding as to an aggregate of 98,875 shares of MSC common stock, of which 48,875 were vested as of the Separation Date and 50,000 were unvested as of the Separation Date. Such unvested stock options terminated as of the
Separation Date and Davis shall have no further rights with respect thereto or in respect thereof. This confirms that the termination of employment/service rules applicable to such vested stock options shall not be deemed triggered until [18 months]
from the Separation Date, provided, however, that Davis’ right to exercise options during this period is subject to earlier termination at the end of the maximum award term or in connection with a change in control or similar event as
contemplated by the applicable equity incentive plan under which the options were granted. Except for such clarification of the application of the termination of employment/service rules with respect to Davis’ outstanding MSC options, the
options otherwise shall remain outstanding in accordance with their respective terms and conditions. 
 XIII. Miscellaneous

 A. Successors. 
 1. This Separation Agreement is personal to Davis and shall not, without the prior written consent of MSC, be assignable by Davis. 
 2. This Separation Agreement shall inure to the benefit of and be binding upon MSC and its respective successors and assigns and any such successor or assignee shall be deemed substituted for MSC under the terms of this Separation Agreement
for all purposes. As used herein, “successor” and “assignee” shall include any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly or indirectly acquires the

  

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ownership of MSC or to which MSC assigns this Separation Agreement by operation of law or otherwise. 
 B. Waiver. No waiver of any breach of any term or provision of this Separation Agreement shall be construed to be, nor shall
be, a waiver of any other breach of this Separation Agreement. No waiver shall be binding unless in writing and signed by the party waiving the breach. 
 C. Modification. This Separation Agreement may not be amended or modified other than by a written agreement executed by Davis and the Chief Executive Officer of MSC or his designee. 
 D. Complete Agreement. This Separation Agreement and the Consulting Agreement constitute and contain the entire agreement
and final understanding concerning Davis’ relationship with MSC and its affiliates and the other subject matters addressed herein between the parties, and supersedes and replaces all prior negotiations and all agreements proposed or otherwise,
whether written or oral, concerning the subject matters hereof. The Employee Confidentiality and Inventions Agreement by and between Davis and MSC and entered into on or about February 19, 2004 (the “Confidentiality Agreement”)
is outside of the scope of the preceding sentence and shall continue in effect in accordance with its terms. Any representation, promise or agreement not specifically included in this Separation Agreement, the Consulting Agreement or the
Confidentiality Agreement shall not be binding upon or enforceable against either party. This Separation Agreement, along with the Consulting Agreement and the Confidentiality Agreement, constitute an integrated agreement. 
 E. Litigation and Investigation Assistance. Davis agrees to cooperate in the defense of MSC or any of its affiliates against
any threatened or pending litigation or in any investigation or proceeding by any governmental agency or body that relates to any events or actions which occurred during or prior to the term of Davis’ employment with MSC or the Consulting Term
(as defined in the Consulting Agreement). Furthermore, Davis agrees to cooperate in the prosecution of any claims and lawsuits brought by MSC or any of its affiliates that are currently outstanding or that may in the future be brought relating to
matters which occurred during or prior to the term of Davis’ employment with MSC or the Consulting Term. From and after the Separation Date, except as requested by MSC or as required by law, Davis shall not comment upon any (i) threatened
or pending claim or litigation (including investigations or arbitrations) involving MSC or any of its affiliates or (ii) threatened or pending government investigation involving MSC or any of its affiliates. 
 F. Severability. If any provision of this Separation Agreement or the application thereof is held invalid, the invalidity
shall not affect other provisions or applications of the Separation Agreement which can be given effect without the invalid provisions or applications and to this end the provisions of this Separation Agreement are declared to be severable.

 G. Choice of Law. This Separation Agreement shall be deemed to have been executed and delivered within the
State of California, and the rights and obligations of the parties 

  

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hereunder shall be construed and enforced in accordance with, and governed by, the laws of the State of California without regard to principles of conflict
of laws. 
 H. Cooperation in Drafting. Each party has cooperated in the drafting and preparation of this
Separation Agreement. Hence, in any construction to be made of this Separation Agreement, the same shall not be construed against any party on the basis that the party was the drafter. 
 I. Counterparts. This Separation Agreement may be executed in counterparts, and each counterpart, when executed, shall have
the efficacy of a signed original. Photographic copies of such signed counterparts may be used in lieu of the originals for any purpose. 
 J. Arbitration. Any dispute, claim or controversy arising out of or relating to this Separation Agreement, its enforcement or interpretation, or because of an alleged breach, default, or
misrepresentation in connection with any of its provisions, including the determination of the scope or applicability of this agreement to arbitrate, shall be submitted to final and binding arbitration, to be held in Orange County, California before
a sole arbitrator; provided, however, that provisional injunctive relief may, but need not, be sought in a court of law while arbitration proceedings are pending, and any provisional injunctive relief granted by such court shall remain effective
until the matter is finally determined by the arbitrator. The arbitration shall be administered by JAMS pursuant to its Comprehensive Arbitration Rules and Procedures. Judgment on the award may be entered in any court having jurisdiction. In the
event either party institutes arbitration under this Separation Agreement, the party prevailing in any such proceeding, as determined by the arbitrator, shall be entitled, in addition to all other relief, to reasonable attorneys’ fees relating
to such arbitration. The nonprevailing party shall be responsible for all costs of the arbitration, including but not limited to, the arbitration fees, court reporter fees, etc. Any dispute as to the reasonableness of costs and expenses shall be
determined by the arbitrator. 
 K. Advice of Counsel. In entering this Separation Agreement, the parties
represent that they have relied upon the advice of their attorneys, who are attorneys of their own choice, and that the terms of this Separation Agreement have been completely read and explained to them by their attorneys, and that those terms are
fully understood and voluntarily accepted by them. 
 L. Supplementary Documents. All parties agree to cooperate
fully and to execute any and all supplementary documents and to take all additional actions that may be necessary or appropriate to give full force to the basic terms and intent of this Separation Agreement and which are not inconsistent with its
terms. 
 M. Headings. The section headings contained in this Separation Agreement are inserted for convenience
only and shall not affect in any way the meaning or interpretation of this Separation Agreement. 
 N. Taxes.
Other than MSC’s right to reduce the Cash Severance Payment and the Salary Continuation Payments for standard withholding, Davis shall be solely responsible for any taxes due as a result of the payment of the Cash Severance Payment, Salary
Continuation 

  

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Payments, any payments pursuant to the Consulting Agreement, and other benefits to be provided to Davis pursuant to Section II. Davis will defend and
indemnify MSC and each of its affiliates from and against any tax liability that any of them may have with respect to any such payment and against any and all losses or liabilities, including defense costs, arising out of Davis’ failure to pay
any taxes due with respect to any such payment. 
 [Remainder of page intentionally left blank.] 
  

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 I have read the foregoing Separation Agreement and I accept and agree to the provisions it contains and
hereby execute it voluntarily with full understanding of its consequences. 
 EXECUTED this 8th day of March 2005, at Orange County, California. 
  

	
	“Davis”
	
	

	 Charles Davis

 EXECUTED this 8th day of March 2005, at Orange County, California. 
  

			
	“MSC”
	
	 MSC.Software Corporation, a Delaware corporation

		
		 	

	By:	 	John J. Laskey
	Its:	 	CFO

  

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 EXHIBIT C 
 CONSULTING AGREEMENT 
  

 C-1Consulting Agreement, dated as of March 8, 2005

 EXHIBIT 10.15 
 CONSULTING AGREEMENT 
 This Consulting Agreement (“Consulting Agreement”) is
entered into this 8th day of March, 2005 (the “Effective Date”), by and between Charles Davis, an
individual (“Consultant”), and MSC.Software Corporation, a Delaware corporation (“MSC”). 
 WHEREAS,
Consultant was previously employed as the Vice President of Finance for MSC; 
 WHEREAS, Consultant and MSC mutually agreed to
terminate Consultant’s employment relationship with MSC pursuant to an Employment Separation and General Release Agreement dated on or about the date hereof (the “Separation Agreement”); and 
 WHEREAS, Consultant is willing to provide advice to and consult with MSC, as MSC may, in its sole discretion, request from time to time on matters
with which Consultant was familiar and/or about which Consultant acquired knowledge, expertise and/or experience during the time that Consultant was employed by MSC. 
 NOW, THEREFORE, Consultant and MSC agree as follows: 
 I. Engagement. MSC hereby
engages Consultant and Consultant hereby accepts such engagement, upon the terms and conditions hereinafter set forth, for the period commencing [February 8, 2005] and ending on August 7, 2006 unless earlier terminated as provided in Section IV
herein (such period is referred to as the “Consulting Term”). Notwithstanding anything else contained herein to the contrary, this Consulting Agreement shall be null and void if Consultant revokes the Separation Agreement during the
seven (7) day period following the execution of that agreement. 
 II. Service. 
 A. Consultant shall perform consulting services during the Consulting Term as reasonably requested from time to time on matters
with which Consultant was familiar and/or about which Consultant acquired knowledge, expertise and/or experience during the time that Consultant was employed by MSC. Such consulting services shall include providing advice to and consultation with
MSC and such of its affiliates as MSC may reasonably request. 
 B. Consultant shall report to the Chief Financial
Officer of MSC or his designee (the “CFO”) and, except as expressly authorized by the CFO from time to time, shall not have contact with any other employee of MSC or its affiliates. Consultant shall provide in writing to and as
requested by the CFO a detailed summary of all business contacts involved in any consulting activity performed hereunder and report on services performed. 
 C. The consulting services that Consultant may be required to perform during the Consulting Term may include, without limiting other consulting services that the CFO may request from time to time, advice,
research, planning and similar services as to business strategy, marketing, litigation, finance, accounting, financial reporting, and administration. 
  

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 D. Consultant agrees to devote sufficient time and energy to the business of MSC
and its affiliates to accomplish the projects assigned by MSC. 
 E. Consultant agrees to honestly and faithfully
present and conduct himself at all times during the performance of services for MSC. Consultant agrees to perform the responsibilities in a diligent, timely, and competent manner. Consultant agrees to truthfully and faithfully account for and
deliver to MSC all property (including, without limitation, monies, materials, securities, etc.) belonging to MSC or any of its affiliates which Consultant may receive from or on account of MSC or any of its affiliates, and that upon
Consultant’s termination or MSC’s demand Consultant will immediately deliver to MSC all such property belonging to MSC or any of its affiliates. 
 III. Compensation. 
 A. Consulting Fee. As payment and
consideration for the services to be provided, MSC agrees to pay Consultant a consulting fee of two hundred dollars ($200.00) per full hour of time that Consultant reasonably spends during the Consulting Term performing such services as MSC may
request of him pursuant to this Agreement (“Consulting Fee”). The Consulting Fee shall be pro-rated for any fractional hour of such service. The amount of the Consulting Fee attributable to any particular month shall be paid no
later than the 15th business day of the month following the month in which Consultant invoices MSC. 
 B. Invoice. Consultant Agrees to submit monthly invoices in a form reasonably acceptable to MSC for all services performed,
no later than the 5th business day of the month following the month in which the consulting services were rendered.
Consultant agrees to include itemized hourly (or fractional hour, as the case may be) information for all time billed on each invoice. 
 C. Benefits. Consultant shall not be entitled to participate in any vacation, medical, retirement, or other fringe benefit of MSC and shall not make claim of entitlement to any such employee program or
benefit. 
 IV. Termination. 
 A. Termination by the MSC. MSC may terminate Consultant’s engagement at any time, with or without cause, upon written notice. 
 B. Termination by the Consultant. Consultant may terminate Consultant’s engagement at any time, with or without cause,
upon written notice. 
 C. Obligations of MSC Upon Termination. 
 1. Termination by MSC. If Consultant’s engagement is terminated by MSC for any reason, this Agreement shall terminate without
further obligations to Consultant under this Agreement, other than for payment of Consultant’s fee through the date of termination to the extent not theretofore paid, which shall be paid to Consultant in a lump sum no later than the
15th business day of the month following the month in which Consultant invoices MSC. 
  

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 2. Termination by the Consultant. If Consultant’s engagement is terminated by
Consultant, this Agreement shall terminate without further obligations to Consultant other than for the payment of Consultant’s fee through the date of termination to the extent not theretofore paid, which shall be paid to Consultant in a lump
sum no later than the 15th business day of the month following the month in which Consultant invoices MSC.

 3. Exclusive Remedy. Consultant agrees that the payments contemplated by this Agreement shall constitute the exclusive
and sole remedy for any termination of Consultant’s engagement and Consultant covenants not to assert or pursue any other remedies, at law or in equity, with respect to any termination of the engagement. 
 V. Relationship. Consultant shall operate at all times as an independent contractor of MSC. This Consulting Agreement does not
authorize Consultant to act as an agent of MSC or any of its affiliates or to make commitments on behalf of MSC or any of its affiliates. Consultant and MSC intend that an independent contractor relationship be created by this Consulting Agreement,
and nothing herein shall be construed as creating an employer/employee relationship, partnership, joint venture, or other business group or concerted action. Consultant at no time shall hold himself out as an agent of MSC or any of its affiliates
for any purpose, including reporting to any governmental authority or agency, and shall have no authority to bind MSC or any of its affiliates to any obligation whatsoever. 
 A. Right to Control. Consultant shall have the right to control and determine the method and means of performing the above
services; MSC shall not have the right to control or determine such method or means, being interested only in the results obtained, and having the general right of inspection and supervision in order to secure the satisfactory completion of such
services. 
 B. Time and Place of Work. Consultant shall perform the services required by this Agreement at any
place or location and at such times as Consultant shall determine, but shall comply with the deadlines set by the Company. 
 C. Equipment and Supplies. Consultant, at Consultant’s expense and risk, agrees to provide all equipment, supplies, and tools necessary to perform the above services, and will be responsible for all other expenses
required for the performance of those services, except such of said items as Company specifically agrees in writing to furnish. 
 D. Taxes. Consultant and MSC agree that Consultant is not an employee for state or federal tax purposes. Consultant shall be solely responsible for any taxes due as a result of the payment of the Consulting Fee, and Consultant
will defend and indemnify MSC and each of its affiliates from and against any tax liability that any of them may have with respect to any such payment and against any and all losses or liabilities, including defense costs, arising out of
Consultant’s failure to pay any taxes due with respect to any such payment. If MSC reasonably determines that applicable law requires that taxes should be withheld from any payment of the Consulting Fee, MSC reserves the right to withhold, as
legally required, and to notify Consultant accordingly. 
  

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 E. Workers’ Compensation and Unemployment Insurance. Consultant is not
entitled to worker’s compensation benefits or unemployment compensation benefits provided by MSC. Consultant shall be solely responsible for the payment of his worker’s compensation, unemployment compensation, and other such payments. MSC
will not pay for worker’s compensation for Consultant. MSC will not contribute to a state unemployment fund for Consultant. MSC will not pay the federal unemployment tax for Consultant. 
 F. Employment Policies Not Applicable. Consultant and MSC agree that Consultant shall not be subject to the provisions of
any personnel policy or rules and regulations applicable to employees, and Consultant shall fulfill his duties independent of and without supervisory control by MSC. 
 VI. Noncompetition. 
 A. Consultant agrees that, during the
Consulting Term, he will not, directly or indirectly, without the prior written consent of the Chief Executive Officer of MSC (the “CEO”), provide consultative service with or without pay, own, manage, operate, join, control, participate
in, or be connected as a stockholder, general partner, employee or otherwise with, any business, individual, partner, firm, corporation, or other entity which is currently or at that particular point in time in competition with (or has plans to
engage in business which would be in competition with) the business of MSC or any of its affiliates. Nothing in this section is intended to prevent Consultant from owning up to one percent (1%) of the publicly traded stock of any company.

 B. It is expressly agreed that MSC and its affiliates will or would suffer irreparable injury if Consultant were to
compete with the business of any of such entities in violation of this Consulting Agreement and that any such entity would by reason of such competition be entitled to injunctive relief in a court of appropriate jurisdiction. Consultant consents and
stipulates to the entry of such injunctive relief in such a court prohibiting him from competing with MSC or any of its affiliates in violation of this Consulting Agreement. 
 C. For purposes of this Consulting Agreement, a business in competition with MSC or its affiliates will be deemed to include
(without limiting any other business in competition with MSC or its affiliates) any business which is engaged in the development, marketing and/or support of virtual product development tools for the computer-aided engineering marketplace
(including, without limitation, simulation software and/o professional services). 
 VII. Confidential Information.

 A. Consultant, in the performance of Consultant’s services on behalf of MSC, may have access to, receive and be
entrusted with (and in the past has, in fact, had access to, received and been entrusted with) confidential information, including but in no way limited to development, marketing, organizational, financial, management, administrative, production,
distribution and sales information, data, specifications and processes presently owned or at any time in the future developed, by MSC or any of its affiliates or its or their agents or consultants, or used presently or at any time in the future in
the course of its or their business that is not otherwise part of the public domain (collectively, the “Confidential Material”). All such 

  

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Confidential Material is considered secret and, to the extent made available to Consultant, will be available to Consultant in confidence. Except in the
performance of services on behalf of MSC and its affiliates, Consultant shall not, directly or indirectly for any reason whatsoever, disclose or use any such Confidential Material, unless such Confidential Material ceases (through no fault of
Consultant’s) to be confidential because it has become part of the public domain or he is otherwise obligated to disclose such information by the lawful order of any competent jurisdiction. All records, files, drawings, documents, equipment and
other tangible items, wherever located, relating in any way to the Confidential Material or otherwise to the business of MSC or any of its affiliates, which Consultant prepares, uses or encounters, shall be and remain the sole and exclusive property
of such entity or entities and shall be included in the Confidential Material. Upon the termination or expiration, as applicable, of the Consulting Term, or whenever requested by MSC, Consultant shall promptly deliver to MSC any and all of the
Confidential Material, not previously delivered to MSC, that may be or at any previous time has been in Consultant’s possession or under Consultant’s control. 
 B. Consultant hereby acknowledges that the sale or unauthorized use or disclosure of any of the Confidential Material by any means
whatsoever and any time before, during or after Consultant’s engagement with MSC shall constitute “Unfair Competition.” Consultant agrees that Consultant shall not engage in Unfair Competition either during the time engaged by MSC or
any time thereafter. 
 VIII. Soliciting Customers. Consultant promises and agrees that he will not, during the
Consulting Term and for a period of one year following the termination or expiration, as applicable, of the Consulting Term, influence or attempt to influence any customers of MSC or any of its affiliates, either directly or indirectly, to divert
their business to any individual, partnership, firm, corporation or other entity which is currently or at that particular point in time in competition with (or has plans to engage in business which would be in competition with) the business of MSC
or any of its affiliates. Consultant acknowledges that during his engagement with MSC, he will be given access to Confidential Material of MSC and its affiliates (and in the past has, in fact, had access to, received and been entrusted with
Confidential Material), and that such Confidential Material constitutes MSC’s trade secrets. Consultant acknowledges and agrees that this restriction is necessary in order for MSC and its affiliates to preserve and protect their legitimate
proprietary interest in the Confidential Material and trade secrets. 
 IX. Soliciting Employees. Consultant promises
and agrees that he will not, during the Consulting Term and for a period of one year following the termination or expiration, as applicable, of the Consulting Term, directly or indirectly solicit any employee of any MSC or any of its affiliates who
earned annually $25,000 or more as an employee of such entity during the last six months of his or her own employment to work for any business, individual, partnership, firm, or corporation. 
 X. Ownership. Consultant agrees that any software, hardware, equipment, or records, including all copies or extracts of them which
Consultant prepares, uses or sees during the Consulting Term in relation to the performance of services hereunder shall be and remain the sole property of MSC (or, if applicable, any affiliate of MSC). 
  

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 XI. Freedom to Enter Agreement. Consultant represents and warrants that Consultant
is free to enter into this Consulting Agreement and to perform each of its terms and covenants. Consultant’s execution and performance of this Consulting Agreement is not a violation or breach of any other agreement between Consultant and any
other person or entity. 
 XII. Miscellaneous. 
 A. Successors. 
 1. This Consulting Agreement is personal to Consultant and shall not, without the prior written consent of MSC, be assignable by Consultant. 
 2. This Consulting Agreement shall inure to the benefit of and be binding upon MSC and its respective successors and assigns and any such successor or assignee shall be deemed substituted for MSC under the terms of
this Consulting Agreement for all purposes. As used herein, “successor” and “assignee” shall include any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly or
indirectly acquires the ownership of MSC or to which MSC assigns this Consulting Agreement by operation of law or otherwise. 
 B. Waiver. No waiver of any breach of any term or provision of this Consulting Agreement shall be construed to be, nor shall be, a waiver of any other breach of this Consulting Agreement. No waiver shall be binding
unless in writing and signed by the party waiving the breach. 
 C. Modification. This Consulting
Agreement may not be amended or modified other than by a written agreement executed by Consultant and the CEO. 
 D.
Complete Agreement. This Consulting Agreement and the Separation Agreement constitute and contain the entire agreement and final understanding concerning Consultant’s relationship with MSC and its affiliates and the other subject
matters addressed herein between the parties, and supersedes and replaces all prior negotiations and all agreements proposed or otherwise, whether written or oral, concerning the subject matters hereof. The Employee Confidentiality and Inventions
Agreement by and between Consultant and MSC and entered into on or about February 19, 2004 (the “Confidentiality Agreement”) is outside of the scope of the preceding sentence and shall continue in effect in accordance with its
terms. Any representation, promise or agreement not specifically included in this Consulting Agreement, the Separation Agreement or the Confidentiality Agreement shall not be binding upon or enforceable against either party. This Consulting
Agreement, along with the Separation Agreement and the Confidentiality Agreement, constitute an integrated agreement. 
 E.
Litigation and Investigation Assistance. In addition to the consulting services described in Section II, Consultant agrees to cooperate in the defense of MSC or any of its affiliates against any threatened or pending litigation or in any
investigation or proceeding by any governmental agency or body that relates to any events or actions which occurred during or prior to the term of Consultant’s employment or which relate to any events or actions which occur during the
Consulting Term. Furthermore, Consultant agrees to cooperate in the 

  

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prosecution of any claims and lawsuits brought by MSC or any of its affiliates that are currently outstanding or that may in the future be brought relating
to matters which occurred during or prior to the term of Consultant’s employment or which relate to any events or actions which occur during the Consulting Term. Except as requested by MSC or as required by law, Consultant shall not comment
upon any (i) threatened or pending claim or litigation (including investigations or arbitrations) involving MSC or any of its affiliates, or (ii) threatened or pending government investigation involving MSC or any of its affiliates.

 F. Severability. If any provision of this Consulting Agreement or the application thereof is held invalid,
the invalidity shall not affect other provisions or applications of the Consulting Agreement which can be given effect without the invalid provisions or applications and to this end the provisions of this Consulting Agreement are declared to be
severable. 
 G. Choice of Law. This Consulting Agreement shall be deemed to have been executed and delivered
within the State of California, and the rights and obligations of the parties hereunder shall be construed and enforced in accordance with, and governed by, the laws of the State of California without regard to principles of conflict of laws.

 H. Cooperation in Drafting. Each party has cooperated in the drafting and preparation of this Consulting
Agreement. Hence, in any construction to be made of this Consulting Agreement, the same shall not be construed against any party on the basis that the party was the drafter. 
 I. Counterparts. This Consulting Agreement may be executed in counterparts, and each counterpart, when executed, shall have
the efficacy of a signed original. Photographic copies of such signed counterparts may be used in lieu of the originals for any purpose. 
 J. Arbitration. Any dispute, claim or controversy arising out of or relating to this Consulting Agreement, its enforcement or interpretation, or because of an alleged breach, default, or
misrepresentation in connection with any of its provisions, including the determination of the scope or applicability of this agreement to arbitrate, shall be submitted to final and binding arbitration, to be held in Orange County, California before
a sole arbitrator; provided, however, that provisional injunctive relief may, but need not, be sought in a court of law while arbitration proceedings are pending, and any provisional injunctive relief granted by such court shall remain effective
until the matter is finally determined by the arbitrator. The arbitration shall be administered by JAMS pursuant to its Comprehensive Arbitration Rules and Procedures. Judgment on the award may be entered in any court having jurisdiction. In the
event either party institutes arbitration under this Consulting Agreement, the party prevailing in any such proceeding, as determined by the arbitrator, shall be entitled, in addition to all other relief, to reasonable attorneys’ fees relating
to such arbitration. The nonprevailing party shall be responsible for all costs of the arbitration, including but not limited to, the arbitration fees, court reporter fees, etc. Any dispute as to the reasonableness of costs and expenses shall be
determined by the arbitrator. 
 K. Advice of Counsel. In entering this Consulting Agreement, the parties
represent that they have relied upon the advice of their attorneys, who are attorneys of their own 

  

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choice, and that the terms of this Consulting Agreement have been completely read and explained to them by their attorneys, and that those terms are fully
understood and voluntarily accepted by them. 
 L. Supplementary Documents. All parties agree to cooperate fully
and to execute any and all supplementary documents and to take all additional actions that may be necessary or appropriate to give full force to the basic terms and intent of this Consulting Agreement and which are not inconsistent with its terms.

 M. Headings. The section headings contained in this Consulting Agreement are inserted for convenience only
and shall not affect in any way the meaning or interpretation of this Consulting Agreement. 
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blank.] 
  

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 I have read the foregoing Consulting Agreement and I accept and agree to the provisions it contains and
hereby execute it voluntarily with full understanding of its consequences. 
 EXECUTED this 8th day of March 2005, at Orange County, California. 
  

	
	 “Consultant”

	
	

	 Charles Davis

 EXECUTED this 10th day of March 2005, at Orange County, California. 
  

			
	“MSC”
	
	 MSC.Software Corporation, a Delaware corporation

	
	

	By:	 	
	 Its:
	 	 Chief Executive Officer

  

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