Document:

ex1088.htm

    

      Exhibit
10.88

      Chordiant
Software, Inc.

      

      Amended
and Restated 1999 Non-Employee

      Directors’
Stock Option Plan

      

      Restricted
Stock Award Grant Notice

      For
Non-U.S. Directors

       

      Chordiant
Software, Inc. (the “Company”),
pursuant to its 1999 Amended and Restated Non-Employee Directors’ Stock Option
Plan (the “Plan”),
hereby awards to Participant the award of shares of restricted stock of the
Company (the “Award”)
set forth below.  This Award is subject to all of the terms and
conditions as set forth herein and in the Restricted Stock Award Agreement (the
“Award
Agreement”) (including any appendix to the Award Agreement for
Participant’s country (the “Appendix”))
and the Plan, all of which are attached hereto and incorporated herein in their
entirety.  Unless otherwise defined herein, capitalized terms shall
have the meanings set forth in the Plan.  In the event of any conflict
between the terms set forth herein and the Plan, the terms of the Plan shall
control.

       

      
        	
                Participant:

              	 
      
	
                Date
      of Grant:

              	 
      
	
                Vesting
      Commencement Date:

              	
                Date
      of Grant

              
	
                Number
      of Shares Subject to Award:

              	
                [           ]
      shares of Common Stock

              
	
                Consideration:

              	
                Participant’s
      past services

              

      

      

       

      Vesting
Schedule:   Subject to the Participant’s Continuous
Service, this Award shall vest in full on the earlier of (a) the first
anniversary of the most recent Annual Meeting and (b) the date of the first
Annual Meeting following the Date of Grant.

       

      Additional
Terms/Acknowledgements:  The undersigned Participant
acknowledges receipt of, and understands and agrees to, this Award Grant Notice,
the Award Agreement (including any Appendix) and the Plan (collectively, the
“Award Documents”) and has received the Plan prospectus.  Participant
further acknowledges that, as of the Date of Grant, the Award Documents set
forth the entire understanding between Participant and the Company with respect
to the subject matter hereof and supersede in their entirety all prior
undertakings and agreements of the Company and Participant with respect to
the subject matter hereof.

       

      
        	
                Chordiant
      Software, Inc.

              	 
      	
                Participant:

              
	 
      	 
      	 
      	 
      
	
                By:

              	 
      	 
      	 
      
	 
      	
                Signature

              	 
      	
                Signature

              
	 
      	 
      	 
      	 
      
	
                Title:

              	 
      	 
      	
                Date:

              	 
      
	 
      	 
      	 
      	 
      	 
      
	
                Date:

              	 
      	 
      	 
      	 
      

      

       

       

      
        	
                Attachments:

              	
                Restricted
      Stock Award Agreement (including any Appendix), 1999 Amended and Restated
      Non-Employee Directors’ Stock Option
Plan

              

      

      
        
          
             

          

           

        

        
           

          
            

          

        

        
           

        

      

      
        	
                 
      

              	
                Attachment
      I

              

      

       

      Chordiant
Software, Inc.

      Amended
and Restated 1999 Non-Employee

      Directors’
Stock Option Plan

      

      Restricted
Stock Award Agreement

      For
Non-U.S. Directors

       

      Pursuant
to the Restricted Stock Award Grant Notice (the “Grant
Notice”) and this Restricted Stock Award Agreement (the “Award
Agreement”), including any appendix for your country (the “Appendix”),
Chordiant Software, Inc. (the “Company”)
has awarded you, pursuant to its 1999 Amended and Restated Non-Employee
Directors’ Stock Option Plan (the “Plan”),
the Award as indicated in the Grant Notice.  Unless otherwise defined
herein or in the Grant Notice, capitalized terms shall have the meanings set
forth in the Plan.

       

      The
details of your Award, in addition to those set forth in the Grant Notice and
the Plan, are as follows.

       

      1. Entitlement
to Shares.

       

      (a) Award.  The
Award shall be as set forth in the Grant Notice.  By signing the Grant
Notice, you hereby agree to acquire from the Company, and the Company hereby
agrees to issue to you, the aggregate number of shares of Common Stock specified
in your Grant Notice for the consideration set forth in Section 1(c) below, and
subject to all of the terms and conditions of this Award Agreement and the
Plan.  You may not acquire less than the aggregate number of shares
specified in the Grant Notice.

       

      (b) Closing.  You
will acquire the shares by delivering your Grant Notice, executed by you in the
manner required by the Company, to the Corporate Secretary of the Company, or to
such other person as the Company may designate, during regular business hours,
on the date that you have executed the Grant Notice (or at such other time and
place as you and the Company may mutually agree upon in writing) (such date, not
later than thirty (30) days following the Grant Date, the “Closing
Date”) along with any consideration, other than your services, if any,
required to be delivered by you by law on the Closing Date and such additional
documents as the Company may then require.  The Company will direct
the transfer agent for the Company to deliver to Escrow Agent (as defined in
Section 8 below) pursuant to the terms of Section 8 below, the certificate or
certificates evidencing the shares of Common Stock being acquired by
you.  You acknowledge and agree that any such shares may be held in
book entry form directly registered with the transfer agent or in such other
form as the Company may determine.

       

      (c) Consideration.  Unless
otherwise required by law, the shares of Common Stock to be delivered to you on
the Closing Date shall be deemed paid, in whole or in part in exchange for the
services rendered or to be rendered by you to the Company or an Affiliate in the
amounts and to the extent required by law.  In the event additional
consideration is required by law so that the Common Stock acquired under this
Award Agreement is deemed fully paid and nonassessable, the Board shall
determine the amount and character of such additional consideration to be
paid.

       

      (d) Vesting.  The
Award shall be subject to vesting in accordance with the Vesting Schedule set
forth on the Grant Notice, as modified by this Section 1(d).  Shares
acquired by you that have vested in accordance with the Vesting Schedule set
forth in the Award Documents are “Vested
Shares.”  Shares acquired by you pursuant to this Award
Agreement that are not Vested Shares are “Unvested
Shares.”

       

      (i) Termination of Continuous
Service; Reacquisition Right. The Company shall
simultaneously with the termination of your Continuous Service automatically
reacquire (the “Reacquisition
Right”) for no consideration all of the Unvested Shares, unless the Company agrees to waive
its Reacquisition Right as to some or all of the Unvested Shares.  Any
such waiver shall be exercised by the Company by written notice to you or your
representative (with a copy to Escrow Agent, as defined below) within ninety
(90) days after the termination of your Continuous Service, and Escrow Agent may
then release to you the number of Unvested Shares not being reacquired by the
Company.  If the Company does not waive its Reacquisition Right as to
all of the Unvested Shares, then upon such termination of your Continuous
Service, Escrow Agent shall transfer to the Company the number of Unvested
Shares the Company is reacquiring.  The Reacquisition Right shall
expire when all of the shares have become Vested
Shares.  Notwithstanding the foregoing, the Company shall not exercise
its Reacquisition Right for such period of time following your acquisition of
the shares of Common Stock issued pursuant to this Award as necessary to avoid a
charge to earnings for financial accounting purposes, as determined in good
faith by the Board.

       

      (ii) Accelerated Vesting on
Change in Control.   In the event of a: (1) a dissolution,
liquidation or sale of all or substantially all of the assets of the Company;
(2) a merger or consolidation in which the Company is not the surviving
corporation; (3) a reverse merger in which the Company is the surviving
corporation but the shares of the Common Stock outstanding immediately preceding
the merger are converted by virtue of the merger into other property, whether in
the form of securities, cash or otherwise; or (4) the acquisition by any person,
entity or group within the meaning of Section 13(d) or 14(d) of the Exchange
Act, or any comparable successor provisions (excluding any employee benefit
plan, or related trust, sponsored or maintained by the Company or any Affiliate
of the Company) of the beneficial ownership (within the meaning of Rule 13d-3
promulgated under the Exchange Act, or comparable successor rule) of securities
of the Company representing at least fifty percent (50%) of the combined voting
power entitled to vote in the election of directors, in each case other than a
merger or consolidation for the purpose of a change in domicile, and provided
you remain in Continuous Service with the Company as of immediately prior to
such transaction, then the vesting of this Award will be automatically
accelerated in full as of immediately prior to such transaction.

       

      (iii) Assumption of
Award.  As provided in Section 12(B) of the Plan, in the event
of a transaction described in Section 12(B) of the Plan, the Reacquisition Right
may be assigned by the Company to the successor of the Company (or such
successor’s parent corporation), if any, in connection with such
transaction.  To the extent the Reacquisition Right remains in effect
following such transaction, it shall apply to the new capital stock or other
property received in exchange for the Common Stock in consummation of such
transaction.

       

      2. Holding
Period.  You agree that you will not sell or otherwise transfer
(excluding transfers to certain family trusts as provided in Section 7 below)
any of the shares of Common Stock issued under the Award until the earlier of
(1) the second anniversary of the vesting date of the Award, (2) the closing of
a transaction described in Section 1(d)(ii)  above, (3) the
certification by the Board that you have suffered an Unforeseeable Emergency or
(4) the termination of your Continuous Service as a result of death or
Disability (such period, the “Holding
Period”).  Shares sold or withheld by the Company to cover
applicable withholding for Tax-Related Items (as defined in Section 3 below)
will not be deemed a violation of the Holding Period.  The shares of
Common Stock issued pursuant to this Award shall be endorsed with appropriate
legends as determined by the Company and subject to escrow (as provided in
Section 8 below) in order to enforce the provisions of this Section 2, and you
will enter into such other arrangements as determined reasonably necessary by
the Company in order to enforce the provisions of this Section 2.

       

      3. Withholding
Obligations. 

       

      (a) Regardless
of any action the Company or an Affiliate takes
with respect to any or all income tax, social insurance, payroll tax, payment on
account or other tax-related items related to your participation in the Plan and
legally applicable to you (“Tax-Related
Items”), you acknowledge that the ultimate liability for all Tax-Related
Items is and remains your responsibility and may exceed the amount actually
withheld by the Company or an Affiliate.  You acknowledge that the
Company and/or any Affiliate (i) make no representations or undertakings
regarding the treatment of any Tax-Related Items in connection with any aspect
of the Award, including, but not limited to, the grant or vesting of the Award,
the issuance of shares of Common Stock, the expiration of the Reacquisition
Right and the Holding Period, the sale of shares of Common Stock acquired under
the Plan and the receipt of any dividends; and (ii) do not commit to and
are under no obligation to structure the terms of the grant or any aspect of the
Award to reduce or eliminate your liability for Tax-Related Items or achieve any
particular tax result.  Further, if you have become subject to tax in
more than one jurisdiction between the Date of Grant set forth in the Grant
Notice and the date of any relevant taxable or tax withholding event, as
applicable, you acknowledge that the Company and/or an Affiliate may
be required to withhold or account for Tax-Related Items in more than one
jurisdiction.

       

      (b) Prior
to any relevant taxable or tax withholding event, as applicable, you will pay or
make adequate arrangements satisfactory to the Company and/or an Affiliate to
satisfy all Tax-Related Items.  In this regard, you authorize the
Company and/or an Affiliate, or their respective agents, at their discretion, to
satisfy the obligations with regard to all Tax-Related Items by one or a
combination of the following:

       

      
        	
                (i)  

              	
                withholding
      from your wages or other cash compensation paid to you by the Company
      and/or an Affiliate; or

              

      

       

      
        	
                (ii)  

              	
                causing
      you to tender a cash payment to the Company in the amount of the
      Tax-Related Items; or

              

      

       

      
        	
                (iii)  

              	
                withholding
      from proceeds of the sale of shares of Common Stock issued to you upon
      vesting of the Award pursuant to you entering into a “same day sale”
      commitment with a broker-dealer that is a member of the Financial Industry
      Regulatory Authority (a “FINRA
      Dealer”) whereby you irrevocably elect to sell a portion of the
      shares of Common Stock subject to the Award to satisfy the Tax-Related
      Items and whereby the FINRA Dealer irrevocably commits to forward the
      proceeds necessary to satisfy the Tax-Related Items directly to the
      Company and/or an Affiliate; or

              

      

       

      
        	
                (iv)  

              	
                withholding
      shares of Common Stock from the shares of Common Stock otherwise issuable
      to you in connection with the Award with a Fair Market Value equal to the
      amount of the Tax-Related Items.

              

      

       

      To
avoid negative accounting treatment, the Company may withhold or account for
Tax-Related Items by considering applicable minimum statutory withholding
amounts or other applicable withholding rates.  If the obligation for
Tax-Related Items is satisfied by withholding shares of Common Stock, for tax
purposes, you are deemed to have been issued the full number of shares of Common
Stock subject to the Award, notwithstanding that a number of the shares of
Common Stock are held back solely for the purpose of paying the Tax-Related
Items due as a result of any aspect of your participation in the
Plan.

       

      (c) Unless
the withholding obligations of the Company and/or any Affiliate with regard to
all Tax-Related Items are satisfied, the Company shall have no obligation to
deliver any shares of Common Stock to you.  Finally, you agree to
indemnify and hold the Company and/or any Affiliate harmless from any failure by
the Company and/or any Affiliate to withhold the proper amount.

       

      4. Rights as
Stockholder. Subject to the provisions of this Award Agreement, you shall
have the right to exercise all rights and privileges of a stockholder of the
Company with respect to the shares of Common Stock deposited in
the Joint Escrow (as defined in Section 8 below).  You shall be deemed
to be the holder of the shares of Common Stock for purposes of receiving any
dividends that may be paid with respect to such shares and for purposes of
exercising any voting rights relating to such shares, even if some or all of the
shares are Unvested Shares.

       

      5. Capitalization
Adjustments; Dividends.  The number of
shares of Common Stock subject to your Award will be adjusted from time to time
for capitalization adjustments, as provided in Section 12(A) of the
Plan.  Any shares, cash or other property received in respect of the
shares of Common Stock subject to this Award, whether pursuant to an adjustment
made under Section 12(A) or otherwise, will be subject to the terms and
conditions of this Award to the extent such terms are then applicable to such
shares of Common Stock.

       

      6. Securities
Law Compliance.  The grant of your Award and the issuance of
any shares of Common Stock pursuant to an Award shall be subject to compliance
with all applicable requirements of federal, state or foreign law with respect
to such securities.  You may not be issued any shares of Common Stock
pursuant to an Award if the issuance of shares of Common Stock would constitute
a violation of any applicable federal, state or foreign securities laws or other
law or regulations or the requirements of any stock exchange or market system
upon which the Common Stock may then be listed.  In addition, you may
not be issued any shares of Common Stock pursuant to an Award unless (i) a
registration statement under the Securities Act shall at the time of issuance be
in effect with respect to the shares of Common Stock or (ii) in the opinion
of legal counsel to the Company, the shares of Common Stock may be issued in
accordance with the terms of an applicable exemption from the registration
requirements of the Securities Act.  YOU ARE CAUTIONED THAT THE SHARES
OF COMMON STOCK MAY NOT BE ISSUED UNLESS THE FOREGOING CONDITIONS ARE
SATISFIED.  The inability of the Company to obtain from any regulatory
body having jurisdiction the authority, if any, deemed by the Company’s legal
counsel to be necessary to the lawful issuance and sale of any shares of Common
Stock pursuant to an Award shall relieve the Company of any liability in respect
of the failure to issue or sell such shares as to which such requisite authority
shall not have been obtained.  As a condition to the issuance of any
shares of Common Stock pursuant to an Award, the Company may require you to
satisfy any qualifications that may be necessary or appropriate, to evidence
compliance with any applicable law or regulation and to make any representation
or warranty with respect thereto as may be requested by the
Company.

       

      7. Transferability.  Your
Award and any Unvested Shares and any Vested Shares subject to the Holding
Period are not transferable, except by will or by the laws of descent and
distribution.  Notwithstanding the foregoing, you may transfer such
shares of Common Stock to a trust for the benefit of you or your “immediate
family,” provided that each such transferee agrees in a writing satisfactory to
the Company that the provisions of this Award Agreement (including but not
limited to Section 2 and Section 8) will continue to apply to the transferred
shares in the hands of such transferee, and provided further that following such
transfer, you continue to be deemed to be the “beneficial owner” of the shares
for purposes of the Exchange Act.  As used herein, the term “immediate
family” will mean your spouse, brother or sister, adopted child or
grandchild, or the spouse of your child, adopted child, grandchild or adopted
grandchild.  In addition, by delivering written notice to the Company,
in a form satisfactory to the Company, you may instruct the Company to
distribute shares of Common Stock upon release from escrow to a spouse or former
spouse pursuant to a domestic relations order (or equivalent order under local
law).

       

      8. Escrow of
Unvested Shares. As security for your faithful performance of the terms
of this Award Agreement (including Section 2) and to insure the availability for
delivery of your Common Stock upon execution of the Reacquisition Right, you
agree to the following “Joint Escrow” and “Joint Escrow Instructions,” and you
and the Company hereby authorize and direct the Corporate Secretary of the
Company or the Corporate Secretary’s designee (“Escrow
Agent”) to hold the documents delivered to Escrow Agent pursuant to the
terms of this Award Agreement and of your Grant Notice, in accordance with the
following Joint Escrow Instructions:

       

      (a) In
the event you cease your Continuous Service, the Company shall pursuant to the
Reacquisition Right, automatically reacquire for no consideration all Unvested
Shares, as of the date of such termination, unless the Company elects to waive
such right as to some or all of the Unvested Shares.  If the Company
elects to waive the Reacquisition Right, the Company will give you and Escrow
Agent a written notice specifying the number of Unvested Shares not to be
reacquired. You and the Company hereby irrevocably authorize and direct Escrow
Agent to close the transaction contemplated by such notice as soon as
practicable following the date of termination of Continuous Service in
accordance with the terms of this Award Agreement and the notice of waiver, if
any.

       

      (b) Vested
Shares shall be delivered to you upon your request given in the manner provided
in Section 16 for providing notice.

       

      (c) At
any closing involving the transfer or delivery of some or all of the property
subject to the Grant Notice and this Award Agreement, Escrow Agent is directed
(i) to date any stock assignments necessary for the transfer in question,
(ii) to fill in the number of shares being transferred, and (iii) to
deliver the same, together with the certificate, if any, evidencing the shares
of Common Stock to be transferred, to you or the Company, as
applicable.

       

      (d) You
irrevocably authorize the Company to deposit with Escrow Agent the certificates,
if any, evidencing shares of Common Stock to be held by Escrow Agent hereunder
and any additions and substitutions to such shares as specified in this Award
Agreement.  You hereby irrevocably constitute and appoint Escrow Agent
as your attorney-in-fact and agent for the term of this escrow to execute with
respect to such securities and other property all documents of assignment and/or
transfer and all stock certificates necessary or appropriate to make all
securities negotiable and complete any transaction contemplated
herein.

       

      (e) This
escrow shall terminate upon the later of (i) the expiration or application in
full of the Reacquisition Right and (ii) the expiration of the Holding Period,
and the completion of the tasks contemplated by these Joint Escrow
Instructions.

       

      (f) If
at the time of termination of this escrow, Escrow Agent should have in its
possession any documents, securities, or other property belonging to you, Escrow
Agent shall deliver all of same to you and shall be discharged of all further
obligations hereunder.

       

      (g) Except
as otherwise provided in these Joint Escrow Instructions, Escrow Agent’s duties
hereunder may be altered, amended, modified, or revoked only by a writing signed
by all of the parties hereto.

       

      (h) Escrow
Agent shall be obligated only for the performance of such duties as are
specifically set forth herein and may rely and shall be protected in relying or
refraining from acting on any instrument reasonably believed by Escrow Agent to
be genuine and to have been signed or presented by the proper party or parties
or their assignees.  Escrow Agent shall not be personally liable for
any act Escrow Agent may do or omit to do hereunder as Escrow Agent or as
attorney-in-fact for you while acting in good faith and any act done or omitted
by Escrow Agent pursuant to the advice of Escrow Agent’s own attorneys shall be
conclusive evidence of such good faith.

       

      (i) Escrow
Agent is hereby expressly authorized to disregard any and all warnings given by
any of the parties hereto or by any other person or corporation, excepting only
orders, judgments, decrees or process of courts of law, and is hereby expressly
authorized to comply with and obey orders, judgments, or decrees of any
court.  In case Escrow Agent obeys or complies with any such order,
judgment, or decree of any court, Escrow Agent shall not be liable to any of the
parties hereto or to any other person, firm, or corporation by reason of such
compliance, notwithstanding any such order, judgment, or decree being
subsequently reversed, modified, annulled, set aside, vacated, or found to have
been entered without jurisdiction.

       

      (j) Escrow
Agent shall not be liable in any respect on account of the identity, authority,
or rights of the parties executing or delivering or purporting to execute or
deliver this Award Agreement or any documents or papers deposited or called for
hereunder.

       

      (k) Escrow
Agent shall not be liable for the outlawing of any rights under any statute of
limitations with respect to these Joint Escrow Instructions or any documents
deposited with Escrow Agent.

       

      (l) Escrow
Agent’s responsibilities as Escrow Agent hereunder shall terminate if Escrow
Agent shall cease to be the Secretary of the Company, if applicable, or if
Escrow Agent shall resign by written notice to each party.  In the
event of any such termination, the Company may appoint any officer or assistant
officer of the Company or any other person as successor Escrow Agent and you
hereby confirm the appointment of such successor or successors as your
attorney-in-fact and agent to the full extent of such successor Escrow Agent’s
appointment.

       

      (m) If
Escrow Agent reasonably requires other or further instruments in connection with
these Joint Escrow Instructions or obligations in respect hereto, the necessary
parties hereto shall join in furnishing such instruments.

       

      (n) It
is understood and agreed that should any dispute arise with respect to the
delivery and/or ownership or right of possession of the securities, Escrow Agent
is authorized and directed to retain in its possession without liability to
anyone all or any part of such securities until such dispute shall have been
settled either by mutual written agreement of the parties concerned or by a
final order, decree, or judgment of a court of competent jurisdiction after the
time for appeal has expired and no appeal has been perfected, but Escrow Agent
shall be under no duty whatsoever to institute or defend any such
proceedings.

       

      (o) By
signing this Award Agreement below, Escrow Agent becomes a party hereto only for
the purpose of the Joint Escrow Instructions in this Section 8; Escrow Agent
does not become a party to any other rights and obligations of this Award
Agreement apart from those in this Section 8.

       

      (p) Escrow
Agent shall be entitled to employ such legal counsel and other experts as Escrow
Agent may deem necessary to properly advise Escrow Agent in connection with
Escrow Agent’s obligations hereunder.  Escrow Agent may rely upon the
advice of such counsel, and may pay such counsel reasonable compensation
therefor.  The Company shall be responsible for all fees generated by
such legal counsel in connection with Escrow Agent’s obligations
hereunder.

       

      (q) These
Joint Escrow Instructions set forth in this Section 8 shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and
permitted assigns.  It is understood and agreed that references to
“Escrow Agent” herein refer to the original Escrow Agent and to any and all
successor Escrow Agents.  It is understood and agreed that the Company
may at any time or from time to time assign its rights under the Award Agreement
and these Joint Escrow Instructions in whole or in part.

       

      9. Irrevocable
Power of Attorney. You constitute and appoint the Company’s Secretary as
attorney-in-fact and agent to transfer the Common Stock on the books of the
Company with full power of substitution in the premises, and to execute with
respect to such securities and other property all documents of assignment and/or
transfer and all stock certificates necessary or appropriate to make all
securities negotiable and complete any transaction contemplated
herein.  This is a special power of attorney coupled with an interest
(specifically, the Company’s underlying security interest in retaining the
shares of Common Stock in the event you do not perform the requisite services
for the Company), and is irrevocable and shall survive your death or legal
incapacity.  This power of attorney is limited to the matters
specified in this Award Agreement.

       

      10. Successors
and Assigns.  Except to the extent otherwise provided in this
Award Agreement, the provisions of this Award Agreement will inure to the
benefit of, and be binding upon, the Company and its successors and assigns and
you, your assigns, the legal representatives and the heirs and legatees of your
estate.

       

      11. Nature of
Grant.  In accepting the Award, you
acknowledge that:

       

      (a) the
Plan is established voluntarily by the Company, it is discretionary in nature
and it may be modified, amended, suspended or terminated by the Company at any
time;

       

      (b) the
grant of the Award is voluntary and occasional and does not create any
contractual or other right to receive future grants of restricted stock, or
benefits in lieu of restricted stock, even if restricted stock awards have been
granted repeatedly in the past;

       

      (c) all
decisions with respect to future restricted stock unit grants or other awards,
if any, will be at the sole discretion of the Company;

       

      (d) your
participation in the Plan shall not create any right to continue to serve the
Company or an Affiliate in the capacity in effect at the time this Award was
granted or will affect the right of the Company or an Affiliate to terminate
your service as a Director pursuant to the bylaws of the Company or an
Affiliate, and any applicable provisions of the corporate law of the state in
which the Company or the Affiliate is incorporated, as the case may
be;

       

      (e) you
are voluntarily participating in the Plan;

       

      (f) because
you are not an employee of the Company or any Affiliate, the Award and your
participation in the Plan will not be interpreted to form an employment contract
with the Company or any Affiliate;

       

      (g) the
future value of the underlying shares of Common Stock is unknown and cannot be
predicted with certainty; and

       

      (h) in
consideration of the grant of the Award, no claim or entitlement to compensation
or damages shall arise from forfeiture of the Award resulting from termination
of your Continuous Service (for any reason whatsoever and whether or not in
breach of local labor laws) and you irrevocably release the Company and any Affiliate from
any such claim that may arise; if, notwithstanding the foregoing, any such claim
is found by a court of competent jurisdiction to have arisen, you shall be
deemed irrevocably to have waived your entitlement to pursue such
claim.

       

      12. No
Advice Regarding Grant.  The Company is not providing any tax,
legal or financial advice, nor is the Company making any recommendations
regarding your participation in the Plan or your acquisition or sale of the
underlying shares of Common Stock.  You are hereby advised to consult
with your own personal tax, legal and financial advisors regarding participation
in the Plan before taking any action related to the Plan.

       

      13. Data
Privacy.  You hereby explicitly and unambiguously consent to the
collection, use and transfer, in electronic or other form, of your personal data
as described in the Grant Notice, this Award Agreement and any other Award
materials by and among, as applicable, the Company and any Affiliate for the
exclusive purpose of implementing, administering and managing your participation
in the Plan.

       

      You
understand that the Company and any Affiliate may hold certain personal
information about you, including, but not limited to, your name, home address
and telephone number, date of birth, social insurance number or other
identification number, salary, nationality, job title, any shares of Common
Stock or directorships held in the Company, details of all Awards or any other
entitlement to shares of Common Stock awarded, canceled, exercised, vested,
unvested or outstanding in your favor, for the exclusive purpose of
implementing, administering and managing the Plan (“Data”).

      

      You
understand that Data will be transferred to E*TRADE, or such other stock plan
service provider as may be selected by the Company in the future, which is
assisting the Company with the implementation, administration and management of
the Plan.  You understand that the recipients of Data may be located
in the United States or elsewhere, and that the recipients’ country (e.g., the
United States) may have different data privacy laws and protections than your
country.  You understand that you may request a list with the names
and addresses of any potential recipients of Data by contacting your local human
resources representative.  You authorize the Company E*TRADE and any
other possible recipients which may assist the Company (presently or in the
future) with implementing, administering and managing the Plan to receive,
possess, use, retain and transfer Data, in electronic or other form, for the
sole purpose of implementing, administering and managing your participation in
the Plan.  You understand that Data will be held only as long as is
necessary to implement, administer and manage your participation in the
Plan.  You understand that you may, at any time, view Data, request
additional information about the storage and processing of Data, require any
necessary amendments to Data or refuse or withdraw the consents herein, in any
case without cost, by contacting in writing the Company’s Corporate
Secretary.  You understand, however, that refusing or withdrawing your
consent may affect your ability to participate in the Plan.  For more
information on the consequences of your refusal to consent or withdrawal of
consent, you understand that you may contact Company’s Corporate
Secretary.

       

      14. Electronic
Delivery and Participation.  The Company may, in its sole
discretion, decide to deliver any documents related to participation in the Plan
and this Award by electronic means or to request your consent to participate in
the Plan by electronic means.  You hereby consent to receive such
documents by electronic delivery and agree to participate in the Plan through an
on-line or electronic system established and maintained by the Company or
another third party designated by the Company.

       

      15. Severability.
If any provision of this Award Agreement will be held unlawful or
otherwise invalid or unenforceable in whole or in part by a court of competent
jurisdiction, such provision will (i) be deemed limited to the extent that such
court of competent jurisdiction deems it lawful, valid and/or enforceable and as
so limited will remain in full force and effect, and (ii) not affect any other
provision of this Award Agreement or part thereof, each of which will remain in
full force and effect.

       

      16. Notices.
Any notice or request required or permitted under the Plan or hereunder shall be
given in writing to each of the other parties hereto and shall be deemed
effectively given upon receipt or, in the case of notices delivered by mail by
the Company to you, five (5) days after deposit in the United States mail,
postage prepaid.  All notices shall be addressed (i) if to the
Company, to the attention of the Company’s general counsel at the Company’s
principal office, (ii) if to Escrow Agent, to the attention of the Company’s
Corporate Secretary at the Company’s principal office, and (iii) if to you, to
the last address you provided to the Company.

       

      17. Governing
Plan Document.  Your Award is subject to all the provisions of
the Plan, the provisions of which are hereby made a part of your Award, and is
further subject to all interpretations, amendments, rules and regulations which
may from time to time be promulgated and adopted pursuant to the
Plan.  In the event of any conflict between the provisions of your
Award and those of the Plan, the provisions of the Plan shall
control.

       

      18. Applicable
Law and Venue.  This Award
Agreement shall be governed by the laws of the State of Delaware without regard
to such state’s conflict of laws rules.  For purposes of litigating
any dispute that arises directly or indirectly from the relationship of the
parties evidenced by this grant or this Award Agreement, the parties hereby
submit to and consent to the exclusive jurisdiction of the State of California
and agree that such litigation shall be conducted only in the courts of Santa
Clara County, California, or the federal courts for the United States for the
Northern District of California, and no other courts, where this grant is made
and/or to be performed.

       

      19. Other
Documents.  You hereby acknowledge receipt or the right to
receive a document providing the information required by Rule 428(b)(1)
promulgated under the Securities Act, which includes the Plan
prospectus.  In addition, you acknowledge receipt of the Company’s
policy permitting certain individuals to sell shares only during certain
“window” periods and the Company’s insider trading policy, in effect from time
to time.

       

      20. Compliance
with Section 409A of the Code.  This Award is
intended to comply with the “short-term deferral” rule set forth in Treasury
Regulation Section 1.409A-1(b)(4) and the exception from the application of Code
Section 409A pursuant to Treasury Regulation Section
1.409A-1(b)(6).  Notwithstanding the foregoing, if it is determined
that the Award fails to satisfy the requirements of these exceptions and is
otherwise deferred compensation subject to Section 409A, and if you are a
“Specified Employee” (within the meaning set forth Section 409A(a)(2)(B)(i) of
the Code) as of the date of your separation from service (within the meaning of
Treasury Regulation Section 1.409A-1(h)), then the issuance of any shares that
would otherwise be made upon the date of the separation from service or within
the first six (6) months thereafter will not be made on the originally scheduled
date(s) and will instead be issued in a lump sum on the date that is six (6)
months and one day after the date of the separation from service, with the
balance of the shares issued thereafter in accordance with the original vesting
and issuance schedule set forth above, but if and only if such delay in the
issuance of the shares is necessary to avoid the imposition of taxation on you
in respect of the shares under Section 409A of the Code.  Each
installment of shares that vests is intended to constitute a “separate payment”
for purposes of Treasury Regulation Section 1.409A-2(b)(2).

       

      21. Language.  If
you have received this Award Agreement or any other document related to the Plan
translated into a language other than English and if the meaning of the
translated version is different than the English version, the English version
will control.

       

      22. Appendix.  Notwithstanding
any provisions in this Award Agreement, the Award shall be subject to any
special terms and conditions set forth in any Appendix to this Award Agreement
for your country.  Moreover, if you relocate to one of the countries
included in the Appendix, the special terms and conditions for such country will
apply to you, to the extent the Company determines that the application of such
terms and conditions is necessary or advisable in order to comply with local law
or facilitate the administration of the Plan.  The Appendix
constitutes part of this Award Agreement.

       

      23. Imposition
of Other Requirements.  The Company reserves the right to
impose other requirements on your participation in the Plan, on the Award and on
any shares of Common Stock acquired under the Plan, to the extent the Company
determines it is necessary or advisable in order to comply with local law or
facilitate the administration of the Plan, and to require you to sign any
additional agreements or undertakings that may be necessary to accomplish the
foregoing.

       

      

      

      Escrow
Agent hereby acknowledges and accepts its rights and responsibilities pursuant
to Section 8 above.

      

      

      ___________________________

      Escrow
Agent

      
        
          
                                                                     
..

          

           

        

        
           

          
            

          

        

        
           

        

      

      Appendix
for the United Kingdom

       

      Chordiant
Software, Inc.

      Amended
and Restated 1999 Non-Employee

      Directors’
Stock Option Plan

      

      Restricted
Stock Award Agreement

      For
Non-U.S. Directors

      

      

      Withholding
Obligations.  This
section supplements Section 3 of the Award Agreement:

      

      You
are engaged with the Company as a Non-Employee Director on an independent
contractor basis and it is your responsibility to report any income you derive
from the Award and to pay any Tax-Related Items on such income.

      

      Notwithstanding
the foregoing, the terms of Section 3 remain in effect to the extent
applicable.  Further, in the event that the Company or an Affiliate
has a withholding obligation with respect to the Tax-Related Items, if payment
or withholding of the Tax-Related Items is not made within ninety (90) days of
the event giving rise to the Tax-Related Items or such other period specified in
Section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act
2003 (the “Due
Date”), the amount of any uncollected Tax-Related Items shall constitute
a benefit to you on which additional income tax and national insurance
contributions (“NICs”),
if any, will be payable.  You will be responsible for reporting any
income tax and NICs due on this additional benefit directly to Her Majesty’s
Revenue and Customs under the self-assessment regime.

      
        
          
                                                                   
..

          

           

        

        
           

          
            

          

        

        
           

        

      

      

      Attachment
II

       

      Chordiant
Software, Inc.

      Amended
and Restated 1999 Non-Employee

      Directors’
Stock Option Plan

      
        
          
                                                               
..ex1089.htm

    

      Exhibit
10.89

       

      INDEMNITY
AGREEMENT

       

      This
Indemnity Agreement (this “Agreement”) dated as of
_____________________, 20__, is made by and between Chordiant
Software, Inc., a Delaware corporation (the “Company”), and ___________________________
(“Indemnitee”).

       

      Recitals

       

      A.           The
Company desires to attract and retain the services of highly qualified
individuals as directors, officers, employees and agents.

       

      B.           The
Company’s bylaws (the “Bylaws”) require that the
Company indemnify its directors and officers, and shall have the power to
indemnify its employees and agents, as authorized by the Delaware General
Corporation Law, as amended (the “Code”), under which the
Company is organized and such Bylaws expressly provide that the indemnification
provided therein is not exclusive and contemplates that the Company may enter
into separate agreements with its directors, officers and other persons to set
forth specific indemnification provisions.

       

      C.           Indemnitee
does not regard the protection currently provided by applicable law, the
Company’s governing documents and available insurance as adequate under the
present circumstances, and the Company has determined that Indemnitee and other
directors, officers, employees and agents of the Company may not be willing to
serve or continue to serve in such capacities without additional
protection.

       

      D.           The
Company desires and has requested Indemnitee to serve or continue to serve as a
director, officer, employee or agent of the Company, as the case may be, and has
proffered this Agreement to Indemnitee as an additional inducement to serve in
such capacity.

       

      E.           Indemnitee
is willing to serve, or to continue to serve, as a director, officer, employee
or agent of the Company, as the case may be, if Indemnitee is furnished the
indemnity provided for herein by the Company.

       

      Agreement

       

      Now
Therefore, in consideration of the mutual covenants and agreements set
forth herein, the parties hereto, intending to be legally bound, hereby agree as
follows:

       

      1. Definitions.

       

      (a) Agent.  For purposes
of this Agreement, the term “agent” of the Company means any person
who:  (i) is or was a director, officer, employee or other
fiduciary of the Company or a subsidiary of the Company; or (ii) is or was
serving at the request or for the convenience of, or representing the interests
of, the Company or a subsidiary of the Company, as a director, officer, employee
or other fiduciary of a foreign or domestic corporation,
partnership,  joint venture, trust or other enterprise.

       

      (b) Expenses.  For
purposes of this Agreement, the term “expenses” shall be broadly construed and
shall include, without limitation, all direct and indirect costs of any type or
nature whatsoever (including, without limitation, all attorneys’, witness or
other professional fees and related disbursements, and other out-of-pocket costs
of whatever nature), actually and reasonably incurred by Indemnitee in
connection with the investigation, defense or appeal of a proceeding, or
establishing or enforcing a right to indemnification under this Agreement, the
Code or otherwise, and amounts paid in settlement by or on behalf of Indemnitee,
but shall not include any judgments, fines or penalties actually levied against
Indemnitee for such individual’s violations of law.  The term
“expenses” shall also include reasonable compensation for time spent by
Indemnitee for which he is not compensated by the Company or any subsidiary or
third party (i) for any period during which Indemnitee is not an agent, in the
employment of, or providing services for compensation to, the Company or any
subsidiary; and (ii) if the rate of compensation and estimated time involved is
approved by the directors of the Company who are not parties to any action with
respect to which expenses are incurred, for Indemnitee while an agent of,
employed by, or providing services for compensation to, the Company or any
subsidiary.

       

      (c) Proceedings.  For
purposes of this Agreement, the term “proceeding” shall be broadly construed and
shall include, without limitation, any threatened, pending or completed action,
suit, arbitration, alternate dispute resolution mechanism, investigation,
inquiry, administrative hearing or any other actual, threatened or completed
proceeding, whether brought in the right of the Company or otherwise and whether
of a civil, criminal, administrative or investigative nature, and whether formal
or informal in any case, in which Indemnitee was, is or will be involved as a
party or otherwise by reason of:  (i) the fact that Indemnitee is or
was a director or officer of the Company; (ii) the fact that any action was
taken by Indemnitee or on Indemnitee’s part while acting as a director, officer,
employee or agent of the Company; or (iii) the fact that Indemnitee is or was
serving at the request of the Company as a director, officer, employee or agent
of another corporation, partnership, joint venture, trust, employee benefit plan
or other enterprise, and in any such case described above, whether or not
serving in any such capacity at the time any liability or expense is incurred
for which indemnification, reimbursement or advancement of expenses may be
provided under this Agreement.

       

      (d) Subsidiary.  For
purposes of this Agreement, the term “subsidiary” means any corporation or
limited liability company of which more than 50% of the outstanding voting
securities or equity interests are owned, directly or indirectly, by the Company
and one or more of its subsidiaries, and any other corporation, limited
liability company, partnership, joint venture, trust, employee benefit plan or
other enterprise of which Indemnitee is or was serving at the request of the
Company as a director, officer, employee, agent or fiduciary.

       

      (e) Independent
Counsel.  For purposes of this Agreement, the term “independent
counsel” means a law firm, or a partner (or, if applicable, member) of such a
law firm, that is experienced in matters of corporation law and neither
presently is, nor in the past five (5) years has been, retained
to represent: (i) the Company or Indemnitee in any matter material to either
such party, or (ii) any other party to the proceeding giving rise to a claim for
indemnification hereunder.  Notwithstanding the foregoing, the term
“independent counsel” shall not include any person who, under the applicable
standards of professional conduct then prevailing, would have a conflict of
interest in representing either the Company or Indemnitee in an action to
determine Indemnitee’s rights under this Agreement.

       

      2. Agreement to
Serve.  Indemnitee will serve, or continue to serve, as a
director, officer, employee or agent of the Company or any subsidiary, as the
case may be, faithfully and to the best of his or her ability, at the will of
such corporation (or under separate agreement, if such agreement exists), in the
capacity Indemnitee currently serves as an agent of such corporation, so long as
Indemnitee is duly appointed or elected and qualified in accordance with the
applicable provisions of the bylaws or other applicable charter documents of
such corporation, or until such time as Indemnitee tenders his or her
resignation in writing; provided, however, that nothing contained in this
Agreement is intended as an employment agreement between Indemnitee and the
Company or any of its subsidiaries or to create any right to continued
employment of Indemnitee with the Company or any of its subsidiaries in any
capacity.

       

      The
Company acknowledges that it has entered into this Agreement and assumes the
obligations imposed on it hereby, in addition to and separate from its
obligations to Indemnitee under the Bylaws, to induce Indemnitee to serve, or
continue to serve, as a director, officer, employee or
agent of the Company, and the Company acknowledges that Indemnitee is relying
upon this Agreement in serving as a director, officer, employee or agent of the
Company.

       

      3. Indemnification.

       

      (a) Indemnification in Third Party
Proceedings.  Subject to Section 10 below, the Company
shall indemnify Indemnitee to the fullest extent permitted by the Code, as the
same may be amended from time to time (but, only to the extent that such
amendment permits Indemnitee to broader indemnification rights than the Code
permitted prior to adoption of such amendment), if Indemnitee is a party to or
threatened to be made a party to or otherwise involved in any proceeding, for
any and all expenses, actually and reasonably incurred by Indemnitee in
connection with the investigation, defense, settlement or appeal of such
proceeding.

       

      (b) Indemnification in Derivative Actions
and Direct Actions by the Company.  Subject to Section 10
below, the Company shall indemnify Indemnitee to the fullest extent permitted by
the Code, as the same may be amended from time to time (but, only to the extent
that such amendment permits Indemnitee to broader indemnification rights than
the Code permitted prior to adoption of such amendment), if Indemnitee is a
party to or threatened to be made a party to or otherwise involved in any
proceeding by or in the right of the Company to procure a judgment in its favor,
against any and all expenses actually and reasonably incurred by Indemnitee in
connection with the investigation, defense, settlement or appeal of such
proceedings.

       

      4. Indemnification of Expenses of
Successful Party.  Notwithstanding any other provision of this
Agreement, to the extent that Indemnitee has been successful on the merits or
otherwise in defense of any proceeding or in defense of any claim, issue or
matter therein, including the dismissal of any action without prejudice, the
Company shall indemnify Indemnitee against all expenses actually and reasonably
incurred in connection with the investigation, defense or appeal of such
proceeding.

       

      5. Partial
Indemnification.  If Indemnitee is entitled under any provision
of this Agreement to indemnification by the Company for some or a portion of any
expenses actually and reasonably incurred by Indemnitee in the investigation,
defense, settlement or appeal of a proceeding, but is precluded by applicable
law or the specific terms of this Agreement to indemnification for the total
amount thereof, the Company shall nevertheless indemnify Indemnitee for the
portion thereof to which Indemnitee is entitled.

       

      6. Advancement of
Expenses.  To the extent not prohibited by law, the Company
shall advance  the expenses incurred by Indemnitee in connection with
any proceeding, and such advancement shall be made within twenty (20) days after
the receipt by the Company of a statement or statements requesting such advances
(which shall include invoices received by Indemnitee in connection with such
expenses but, in the case of invoices in connection with legal services, any
references to legal work performed or to expenditures made that would cause
Indemnitee to waive any privilege accorded by applicable law shall not be
included with the invoice) and upon request of the Company, Indemnitee shall
provide to the Company an undertaking to repay the advancement of expenses if
and to the extent that it is ultimately determined by a court of competent
jurisdiction in a final judgment, not subject to appeal, that Indemnitee is not
entitled to be indemnified by the Company.  Advances shall be
unsecured, interest free and without regard to Indemnitee’s ability to repay the
expenses. Advances shall include any and all expenses actually and reasonably
incurred by Indemnitee pursuing an action to enforce Indemnitee’s right to
indemnification under this Agreement, or otherwise, and this right of
advancement.  Indemnitee acknowledges that the execution and delivery
of this Agreement shall constitute an undertaking providing that Indemnitee
shall, to the fullest extent required by law, repay the advance if and to the
extent that it is ultimately determined by a court of competent jurisdiction in
a final judgment, not subject to appeal, that Indemnitee is not entitled to be
indemnified by the Company.  The right to advances under this Section
shall continue until final disposition of any proceeding, including any appeal
therein.  This Section 6 shall not apply to any claim made by
Indemnitee for which indemnity is excluded pursuant to Section
10(b).

       

      7. Notice and Other Indemnification
Procedures.

       

      (a) Notification of
Proceeding.  Indemnitee will notify the Company in writing
promptly upon being served with any summons, citation, subpoena, complaint,
indictment, information or other document relating to any proceeding or matter
which may be subject to indemnification or advancement of expenses covered
hereunder.  The failure of Indemnitee to so notify the Company shall
not relieve the Company of any obligation which it may have to Indemnitee under
this Agreement or otherwise.

       

      (b) Request for Indemnification and
Indemnification Payments.  Indemnitee shall notify the Company
promptly in writing upon receiving notice of any demand, judgment or other
requirement for payment that Indemnitee reasonably believes to be subject to
indemnification under the terms of this Agreement, and shall request payment
thereof by the Company.  Indemnification payments requested by
Indemnitee under this Section 7(b) or Section 3 hereof shall be made by the
Company no later than sixty (60) days after receipt of the written request of
Indemnitee.  Claims for advancement of expenses shall be made under
the provisions of Section 6 herein.

       

      (c) Application for
Enforcement.  In the event the Company fails to make timely
payments as set forth in Sections 6 or 7(b) above, Indemnitee shall have the
right to apply to any court of competent jurisdiction for the purpose of
enforcing Indemnitee’s right to indemnification or advancement of expenses
pursuant to this Agreement.  In such an enforcement hearing or
proceeding, the burden of proof shall be on the Company to prove that
indemnification or advancement of expenses to Indemnitee is not required under
this Agreement or permitted by applicable law.  Any determination by
the Company (including its Board of Directors, stockholders or independent
counsel) that Indemnitee is not entitled to indemnification hereunder shall not
be a defense by the Company to the action nor create any presumption that
Indemnitee is not entitled to indemnification or advancement of expenses
hereunder.

       

      (d) Indemnification of Certain
Expenses.  The Company shall indemnify Indemnitee against all
expenses incurred in connection with any hearing or proceeding under this
Section 7 unless the Company prevails in such hearing or proceeding on the
merits in all material respects.

       

      8. Assumption of
Defense.  In the event the Company shall be requested by
Indemnitee to pay the expenses of any proceeding, the Company, if appropriate,
shall be entitled to assume the defense of such proceeding, or to participate to
the extent permissible in such proceeding, with counsel reasonably acceptable to
Indemnitee.  Upon assumption of the defense by the Company and the
retention of such counsel by the Company, the Company shall not be liable to
Indemnitee under this Agreement for any fees of counsel subsequently incurred by
Indemnitee with respect to the same proceeding, provided that Indemnitee shall
have the right to employ separate counsel in such proceeding at Indemnitee’s
sole cost and expense.  Notwithstanding the foregoing, if Indemnitee’s
counsel delivers a written notice to the Company stating that such counsel has
reasonably concluded that there may be a conflict of interest between the
Company and Indemnitee in the conduct of any such defense or the Company shall
not, in fact, have employed counsel or otherwise actively pursued the defense of
such proceeding within a reasonable time, then in any such event the fees and
expenses of Indemnitee’s counsel to defend such proceeding shall be subject to
the indemnification and advancement of expenses provisions of this
Agreement.

       

      9. Insurance. To the extent that the
Company maintains an insurance policy or policies providing liability insurance
for directors, officers, employees, or agents of the Company or of any
subsidiary (“D&O Insurance”), Indemnitee shall be covered by such policy or
policies in accordance with its or their terms to the maximum extent of the
coverage available for any such director, officer, employee or agent under such
policy or policies.  If, at the time of the receipt of a notice
of a claim pursuant to the terms hereof, the Company has D&O Insurance in
effect, the Company shall give prompt notice of the commencement of such
proceeding to the insurers in accordance with the procedures set forth in the
respective policies.  The Company shall thereafter take all necessary
or desirable action to cause such insurers to pay, on behalf of Indemnitee, all
amounts payable as a result of such proceeding in accordance with the terms of
such policies.

       

      10. Exceptions.

       

      (a) Certain
Matters.  Any provision herein to the contrary notwithstanding,
the Company shall not be obligated pursuant to the terms of this Agreement to
indemnify Indemnitee on account of any proceeding with respect to
(i) remuneration paid to Indemnitee if it is determined by final judgment
or other final adjudication that such remuneration was in violation of law (and,
in this respect, both the Company and Indemnitee have been advised that the
Securities and Exchange Commission believes that indemnification for liabilities
arising under the federal securities laws is against public policy and is,
therefore, unenforceable and that claims for indemnification should be submitted
to appropriate courts for adjudication, as indicated in Section 10(d) below);
(ii) a final judgment rendered against Indemnitee for an accounting,
disgorgement or repayment of profits made from the purchase or sale by
Indemnitee of securities of the Company or in connection with a settlement by or
on behalf of Indemnitee to the extent it is acknowledged by Indemnitee and the
Company that such amount paid in settlement resulted from Indemnitee's conduct
from which Indemnitee received monetary personal profit, pursuant to the
provisions of Section 16(b) of the Securities Exchange Act of 1934, as
amended, or other provisions of any federal, state or local statute or rules and
regulations thereunder; (iii) a final judgment or other final adjudication
that Indemnitee’s conduct was in bad faith, knowingly fraudulent or deliberately
dishonest or constituted willful misconduct (but only to the extent of such
specific determination); or (iv) on account of conduct that is established by a
final judgment as constituting a breach of Indemnitee’s duty of loyalty to the
Company or resulting in any personal profit or advantage to which Indemnitee is
not legally entitled.  For purposes of the foregoing sentence, a final
judgment or other adjudication may be reached in either the underlying
proceeding or action in connection with which indemnification is sought or a
separate proceeding or action to establish rights and liabilities under this
Agreement.

       

      (b) Claims Initiated by
Indemnitee.  Any provision herein to the contrary
notwithstanding, the Company shall not be obligated to indemnify or advance
expenses to Indemnitee with respect to proceedings or claims initiated or
brought by Indemnitee against the Company or its directors, officers, employees
or other agents and not by way of defense, except (i) with respect to
proceedings brought to establish or enforce a right to indemnification under
this Agreement or under any other agreement, provision in the Bylaws or
Certificate of
Incorporation or applicable law, or (ii) with respect to any other proceeding
initiated by Indemnitee that is either approved by the Board of Directors or
Indemnitee’s participation is required by applicable law.  However,
indemnification or advancement of expenses may be provided by the Company in
specific cases if the Board of Directors determines it to be
appropriate.

       

      (c) Unauthorized
Settlements.  Any provision herein to the contrary
notwithstanding, the Company shall not be obligated pursuant to the terms of
this Agreement to indemnify Indemnitee under this Agreement for any amounts paid
in settlement of a proceeding effected without the Company’s written
consent.  Neither the Company nor Indemnitee shall unreasonably
withhold consent to any proposed settlement; provided, however, that the Company
may in any event decline to consent to (or to otherwise admit or agree to any
liability for indemnification hereunder in respect of) any proposed settlement
if the Company is also a party in such proceeding and determines in good faith
that such settlement is not in the best interests of the Company and its
stockholders.

       

      (d) Securities Act
Liabilities.  Any provision herein to the contrary
notwithstanding, the Company shall not be obligated pursuant to the terms of
this Agreement to indemnify Indemnitee or otherwise act in violation of any
undertaking appearing in and required by the rules and regulations promulgated
under the Securities Act of 1933, as amended (the “Act”), or in any registration
statement filed with the SEC under the Act.  Indemnitee acknowledges
that paragraph (h) of Item 512 of Regulation S-K currently generally
requires the Company to undertake in connection with any registration statement
filed under the Act to submit the issue of the enforceability of Indemnitee’s
rights under this Agreement in connection with any liability under the Act on
public policy grounds to a court of appropriate jurisdiction and to be governed
by any final adjudication of such issue.  Indemnitee specifically
agrees that any such undertaking shall supersede the provisions of this
Agreement and to be bound by any such undertaking.

       

      11. Nonexclusivity and Survival of
Rights.  The provisions for indemnification and advancement of
expenses set forth in this Agreement shall not be deemed exclusive of any other
rights which Indemnitee may at any time be entitled under any provision of
applicable law, the Company’s Certificate of Incorporation, Bylaws or other
agreements, both as to action in Indemnitee’s official capacity and Indemnitee’s
action as an agent of the Company, in any court in which a proceeding is
brought, and Indemnitee’s rights hereunder shall continue after Indemnitee has
ceased acting as an agent of the Company and shall inure to the benefit of the
heirs, executors, administrators and assigns of Indemnitee.  The
obligations and duties of the Company to Indemnitee under this Agreement shall
be binding on the Company and its successors and assigns until terminated in
accordance with its terms.  The Company shall require any successor
(whether direct or indirect, by purchase, merger, consolidation or otherwise) to
all or substantially all of the business or assets of the Company, expressly to
assume and agree to perform this Agreement in the same manner and to the same
extent that the Company would be required to perform if no such succession had
taken place.

       

      No
amendment, alteration or repeal of this Agreement or of any provision hereof
shall limit or restrict any right of Indemnitee under this Agreement in respect
of any action taken or omitted by such Indemnitee in his or her corporate status
prior to such amendment, alteration or repeal.  To the extent that a
change in the Code, whether by statute or judicial decision, permits greater
indemnification or advancement of expenses than would be afforded currently
under the Company’s Certificate of Incorporation, Bylaws and this Agreement, it
is the intent of the parties hereto that Indemnitee shall enjoy by this
Agreement the greater benefits so afforded by such change.  No right
or remedy herein conferred is intended to be exclusive of any other right or
remedy, and every other right and remedy shall be cumulative and in addition to
every other right and remedy given hereunder or now or hereafter existing at law
or in equity or otherwise.  The assertion or employment of any right
or remedy hereunder, or otherwise, by Indemnitee shall not prevent the
concurrent assertion or employment of any other right or remedy by
Indemnitee.

       

      12. Term.  This
Agreement shall continue until and terminate upon the later of: (a) five (5)
years after the date that Indemnitee shall have ceased to serve as a director
and/or officer, employee or agent of the Company; or (b) one (1) year after the
final termination of any proceeding, including any appeal then pending, in
respect to which Indemnitee was granted rights of indemnification or advancement
of expenses hereunder.

       

      No
legal action shall be brought and no cause of action shall be asserted by or in
the right of the Company against an Indemnitee or an Indemnitee's estate,
spouse, heirs, executors or personal or legal representatives after the
expiration of five (5) years from the date of accrual of such cause of action,
and any claim or cause of action of the Company shall be extinguished and deemed
released unless asserted by the timely filing of a legal action within such
five-year period; provided, however, that if any shorter period of limitations
is otherwise applicable to such cause of action, such shorter period shall
govern.

       

      13. Subrogation.  In the
event of payment under this Agreement, the Company shall be subrogated to the
extent of such payment to all of the rights of recovery of Indemnitee, who, at
the request and expense of the Company, shall execute all papers required and
shall do everything that may be reasonably necessary to secure such rights,
including the execution of such documents necessary to enable the Company
effectively to bring suit to enforce such rights.

       

      14. Interpretation of
Agreement.  It is understood that the parties hereto intend
this Agreement to be interpreted and enforced so as to provide indemnification
to Indemnitee to the fullest extent now or hereafter permitted by
law.

       

      15. Severability.  If
any provision of this Agreement shall be held to be invalid, illegal or
unenforceable for any reason whatsoever, (a) the validity, legality and
enforceability of the remaining provisions of the Agreement (including without
limitation, all portions of any paragraphs of this Agreement containing any such
provision held to be invalid, illegal or unenforceable, that are not themselves
invalid, illegal or unenforceable) shall not in any way be affected or impaired
thereby; and (b) to the fullest extent possible, the provisions of this
Agreement (including, without limitation, all portions of any paragraph of this
Agreement containing any such provision held to be invalid, illegal or
unenforceable, that are not themselves invalid, illegal or unenforceable) shall
be construed so as to give effect to the intent manifested by the provision held
invalid, illegal or unenforceable and to give effect to Section 14
hereof.

       

      16. Amendment and
Waiver.  No supplement, modification, amendment, or
cancellation of this Agreement shall be binding unless executed in writing by
the parties hereto.  No waiver of any of the provisions of this
Agreement shall be deemed or shall constitute a waiver of any other provision
hereof (whether or not similar) nor shall such waiver constitute a continuing
waiver.

       

      17. Notice.  Except as
otherwise provided herein, any notice or demand which, by the provisions hereof,
is required or which may be given to or served upon the parties hereto shall be
in writing and, if by telegram, telecopy or telex, shall be deemed to have been
validly served, given or delivered when sent, if by overnight delivery, courier
or personal delivery, shall be deemed to have been validly served, given or
delivered upon actual delivery and, if mailed, shall be deemed to have been
validly served, given or delivered three (3) business days after deposit in the
United States mail, as registered or certified mail, with proper postage prepaid
and addressed to the party or parties to be notified at the addresses set forth
on the signature page of this Agreement (or such other address(es) as a party
may designate for itself by like notice).  If to the Company, notices
and demands shall be delivered to the attention of the Secretary of the
Company.

       

      18. Governing Law.  This
Agreement shall be governed exclusively by and construed according to the laws
of the State of Delaware, as applied to contracts between Delaware residents entered into
and to be performed entirely within Delaware.

       

      19. Counterparts.  This
Agreement may be executed in one or more counterparts, each of which shall for
all purposes be deemed to be an original but all of which together shall
constitute but one and the same Agreement.  Only one such counterpart
need be produced to evidence the existence of this Agreement.

       

      20. Headings.  The
headings of the sections of this Agreement are inserted for convenience only and
shall not be deemed to constitute part of this Agreement or to affect the
construction hereof.

       

      21. Entire
Agreement.  This Agreement constitutes the entire agreement
between the parties with respect to the subject matter hereof and supersedes all
prior agreements, understandings and negotiations, written and oral, between the
parties with respect to the subject matter of this Agreement; provided, however,
that this Agreement is a supplement to and in furtherance of the Company’s
Certificate of Incorporation, Bylaws, the Code and any other applicable law, and
shall not be deemed a substitute therefor, and does not diminish or abrogate any
rights of Indemnitee thereunder.

       

      
        
          
            

            . 

          

           

        

        
           

          
            

          

        

        
           

        

      

      In Witness
Whereof, the parties hereto have entered into this Agreement effective as
of the date first written above.

       

      
        	 
      	 
      	
                CHORDIANT
      SOFTWARE, INC.

              	 
      
	 
      	 
      	
                20400
      Stevens Creek Boulevard, Suite 400

              	 
      
	 
      	 
      	
                Cupertino,
      CA 95014

              	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                By:

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                Name:

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                Title:

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                INDEMNITEE

              	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	
                By:

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                Name:

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                Title:

              	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                Address:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00152-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00152-of-00352.parquet"}]]