Document:

EX-10.1

EXHIBIT 10.1

August 8, 2006

Ms. Virginia Albert

[Address]

Dear Holly:

I am pleased to offer you the position of Senior Vice President, General Counsel, and Secretary,
reporting to Robert Youngjohns, President and Chief Executive Officer. This position will commence
not later than August 28, 2006.

Your starting salary will be $225,000.00 per year, which equals $18,750.00 per month, subject to
periodic review. In addition, you will be eligible to participate in an annual executive incentive
compensation plan of 55% of your base salary ($123,750 per year) which may be over or under
achieved based upon Company performance and your ability to meet your objectives under the plan.
You will be eligible for 4/6ths (Sept – Dec) of the 2006 2nd half target bonus ($41,250
on target). Callidus will guarantee you 50% payout of the 2006 2nd half target
bonus. As a further incentive, we will recommend to the Board of Directors (or an
applicable Subcommittee) that you be granted an option to purchase 200,000 shares of Callidus
Software Inc. common stock subject to the vesting schedule, terms and conditions of the Company’s
stock plan, and the Company’s policies and procedures currently in effect on your start date. As a
new member of executive management, and a Section 16 officer of Callidus, you will be granted
benefits in connection with a corporate change of control and indemnification in the case of
litigation. Copies of our Board approved Change of Control Agreement and Indemnification Agreement
are included for your review and execution. You need to execute and return these agreements to me
for them to become effective.

As a regular, full-time employee, you are eligible to participate in Callidus’ benefits programs,
including medical, vision, and dental insurance, and 401(k) and ESPP plans, as set forth in our
Callidus Benefits Guidebook. Our standard policy requires that you have a reasonably clean driving
record and credit history and that we successfully complete a background check. This offer is also
contingent upon your completing and executing an Employment, Confidential Information and Invention
Assignment Agreement (“Invention Agreement”).

The Company is an “at will” employer, which means that the employment relationship may be
terminated at any time by either the Company or by you, with or without notice and with or without
cause. By signing below, you acknowledge that your employment at Callidus is for an unspecified
duration, and neither this letter, nor your acceptance thereof, constitutes a contract of
employment. Should you be involuntarily terminated other than for cause at any time, you shall
receive a 7-month base pay severance payment (lump sum) and payment of your applicable COBRA for 7
months, in return for signing a full release of rights.

 

 

Ms. Virginia Albert

Offer Letter – Senior Vice President, General Counsel, Secretary

Page 2

Upon separation from the Company for any reason, you also agree to return to the Company any
equipment that has been provided to you or reimburse the Company the cost for such equipment. The
Company reserves the right to deduct such costs from any final payments made to you in accordance
with state and federal laws.

For purposes of federal immigration law, you will be required to provide to Callidus documentary
evidence of your identity and eligibility for employment in the United States. Such documentation
must be provided to us within three business days of your date of hire with Callidus, or our
employment relationship with you may be terminated for cause. The Company’s standard policy also
requires that you participate in our direct deposit payroll program.

Holly, on behalf of Callidus Software, we very much look forward to your acceptance of this offer.
I have enclosed two executed copies of this offer letter. As evidence of your acceptance, please
sign both letters and return one original along with the signed Invention Agreement to Paul
Katawicz, Senior Corporate Counsel via the enclosed Federal Express envelope or otherwise to:
Callidus Software, Attn: Paul Katawicz, Senior Corporate Counsel, 160 West Santa Clara Street,
Suite 1500, San Jose, CA 95113, not later than August 12, 2006, at 5:00 p.m. PST.

We look forward to working with you at Callidus Software. If you have any questions regarding any
points in this letter please feel free to contact me. Welcome aboard!

Sincerely,

/s/
Robert Youngjohns                            

Robert Youngjohns

President, Chief Executive Officer

Callidus Software Inc.

I accept the terms of this letter and agree to keep the terms of this letter confidential.

	 	 	 	 	 	 
	/s/ V. Holly Albert

	 	 	 	August 11, 1006	 
	 
	 	 	 	 	 
	 

	 	 	 	 	 
	Signature of Virginia Albert

	 	Date	 	 	 
	 
	 	 	 	 	 
	 
	 	 	 	August 28, 2006	 
	I agree to start work for Callidus Software on:

	 	 	 	 	 
	 

	 	Start DateEX-10.2

EXHIBIT 10.2

January 16, 2008

Merritt Alberti

RE: Employment Agreement

Dear Merritt:

Welcome to Callidus!

This is a letter of understanding that outlines the main details associated to your compensation as
part of the of the Compensation Technology & Callidus acquisition transition.

Compensation (effective January 16, 2008)

Job Title: VP Americas Implementation & Configuration

Base Salary $210,000.00

Bonus: 50%

Stock: 20,000 Virginia Sajor (Stock Administration) will be sending you a letter outlining the
terms of your award.

The Company is an “at will” employer, which means that the employment relationship may be
terminated at any time by either the Company or by you, with or without notice and with or without
cause.

 Should you be involuntarily terminated other than for cause at any time, you shall receive a
6-month base pay severance payment in return for signing a full release of rights.

Further transition actions are in the planning stages such as a formal migration to Callidus
benefits, 401K and ESPP programs. We will send out announcements and more details on migration
plans as they develop.

Please let me know if you have any questions. I wish you the best of luck and welcome you to the
Callidus team.

Sincerely,

/s/
Leslie Bowers                                 

Leslie Bowers

Vice President Human Resources

Callidus Software Inc.

	 	 	 	 	 	 
	 

	 	/s/ Merritt Alberti
	 	               1-16-08
	Agreed and Accepted:

	 	 	 	Date:	 
	 

	 	 
	 	 	 

Return to:

Michele Sasser

Cc: Bob Conti

     Compensation Technology fileEX-10.3

EXHIBIT 10.3

June 18, 2009

Merritt Alberti

[Address]

RE: Relocation Expense Allowance

Dear Merritt,

We have mutually agreed to your relocation to Austin, Texas commencing no later than July 31, 2009.

This letter serves to clarify the agreement and outlines compensation provisions that Callidus
Software, “The Company”, agrees to provide to you in connection with your relocation. This
agreement is not an employment contract nor does it alter your status as an at-will employee of the
Company. You may resign or be terminated at any time, with or without cause.

The Company will provide you with an initial expense allowance up to a maximum of $20,000 gross to
cover some of the costs associated with the relocation of you and your family from Scottsdale,
Arizona to Austin, Texas. These expenses may include packing and movement of household goods,
transit insurance for household effects, transportation expenses to new location, temporary living
expenses (lodging and food), and house hunting trip. Please note you are responsible to contract
with a moving company and will be responsible for filing any and all claims for losses or damage
directly with the carrier. Under no circumstances will Callidus Software assume the responsibility
for personal or property damage incurred while traveling or moving

The expense allowance will be included in your W-2 as ordinary income and is subject to withholding
of applicable income and employment taxes. The company will advance you a lump sum payment with the
July 30, 2009, paycheck. Please retain your original receipts for your own records in anticipation
of your 2009 personal tax reporting, and defer to the IRS regulation on permissible expenses.

In addition, to cover some of your housing expenses in Texas, starting on July 31, 2009, and
payable on the last paycheck of each month, the Company will provide a housing allowance, not to
exceed the net amount of $5,000 per month for a maximum of 12 months with the last payment ending
on June 30, 2010. This payment will be reported as taxable wages on your W-2 Form. If you lease
your Scottsdale, Arizona home during this 12 month period, the housing allowance will be reduced by
the amount of monthly compensation you receive in conjunction with the leasing agreement of your
Arizona home. If you sell your home in Scottsdale, Arizona, then the housing allowance will
discontinue the month that your home closes escrow. In the event that you resign your position or
your employment at Callidus Software is terminated for Cause within the 12 months following your
receipt of an expense allowance, you agree to repay any relocation expense allowance paid by
Callidus Software to you or on your behalf. You agree that your repayment to Callidus of the
expense allowance paid to you shall be made no later than thirty (30) days after your

 

 

termination date. However, should Callidus Software terminate your employment for any reason other
than for cause you will not be obligated to repay any relocation expenses paid by Callidus Software
to you or on your behalf.

As evidence of your acceptance of the terms of the above, please sign below and return a copy via
fax to (408) 975-6634 or return a copy by U.S. mail to: Callidus Software, Attn: Michele Sasser,
Sr. HR Generalist, 160 West, 15th Floor, Santa Clara Street, San Jose, CA 95113 no later
than Friday, June 19, 2009, by 5:00 p.m. PST.

Please let me know if you have any questions. I wish you all the best with your upcoming move and
continued success at Callidus!

Sincerely,

/s/ Cindy Eppard

Cindy Eppard

Sr. Director, Human Resources

Agreed and Accepted: __/s/ Merritt Alberti                                         Date: _6/18/2009                    

Merritt Alberti

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