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EXHIBIT 10.26  

Agreement Number               

Hyperion Solutions Corporation  

Independent Software Vendor Partner Agreement  

	HYPERION	 	 	 	PARTNER
	
Hyperion Solutions Corporation	
 	

Company Name:	
 	

Lawson Software
	1344 Crossman Avenue	 	Address:	 	380 St. Peter Street
	Sunnyvale, CA 94089	 	 	 	St. Paul, MN 55002
	USA	 	 	 	USA
	Phone:	 	Phone:	 	

	Fax:	 	Fax:	 	

Effective Date        June 13, 2003 

	

/s/
Signature 	
 	

/s/
Signature
	

Printed Name 	
 	

Printed Name
	

Title 	
 	

Title

Hyperion
and Partner desire to cooperate in marketing value-added Hyperion software applications developed by Partner. Accordingly, this Independent Software Vendor Partner Agreement ("Agreement") is
made and entered into as of the Effective Date by and between Hyperion Solutions Corporation, a Delaware corporation ("Hyperion") and the Partner identified above ("Partner"). 

This
Agreement consists of this Independent Software Vendor Partner Agreement and the attached Exhibits. 

   1.     DEFINITIONS

        (a)   "Agreement" refers to and includes this Hyperion Independent Software Vendor Partner Agreement, the Exhibits hereto and
any amendments to this Agreement that are executed by the parties' duly authorized representatives. 

        (b)   "Contract Year" means a year beginning on *** subsequent to the Effective Date and ending on ***, and on each succeeding
year beginning on *** and ending on *** during the term of this Agreement. 

        (c)   "Development Software" means the Software provided to Partner solely for development and other specific purposes
described under Section 2(a). 

        (d)   "Development Software Fees" means the license fees payable by Partner in consideration of the Development Software. 

        (e)   "Documentation" means the operating instructions, user manuals, "read-me" files, and all technical
information and reference materials related to the Software, in whatever form, provided by Hyperion. 

        (f)    "Effective Date" means the date first written above. 

        (g)   "End User" means (i) a customer of Partner that licenses Software (a) as part of the Partner Product and/or
(b) in conjunction with Lawson software products (which Lawson software product may already be in possession of End User, or which may be sublicensed with Software at the same time) for use in
its internal business operations; and/or (ii) a Service Bureau Provider. 

        (h)   "End User Evaluation License" means the license of Software granted by Partner in accordance with Section 2(e) to
enable the End User to evaluate the Partner Solution. 

        (i)    "End User Support Fees" means the Support fees payable by Partner in consideration of (i) the secondary Support
services provided by Hyperion to Partner in connection with Partner's or Service Bureau Partner's Support of End Users and (ii) the Support services provided to End User by Hyperion as a
subcontractor to Partner. End User Support Fees are separate and distinct from the Program Fee. 

        (j)    "Partner Product" means Partner's value-added product designed for use in conjunction with the Software or elements
thereof, as more fully described in Exhibit B. 

        (k)   "Partner Solution" means the Software and the Partner Product bundled together and marketed or promoted by Partner. 

        (l)    "Partner Support Services" means technical support, software diagnosis, and software problem analysis and resolution
provided by Hyperion to Partner over the telephone, by fax, via e-mail, or by other remote electronic means, and the provision of Updates, bug fixes and other related services, as
described in Exhibit C, in connection with Hyperion's support of the Development Software and the secondary Support services provided by Hyperion to Partner in connection with Partner's or
Service Bureau Partner's Support of End Users. 

        (m)  "Program Fee" means the annual fee payable by Partner for Partner Support Services and Partner benefits as further
described in the Program Guide. 

        (n)   "Program Guide" means Hyperion's published engagement guidelines, requirements and benefits for Hyperion ISV partners
***. In the event of conflict between the Program Guide and this Agreement, this Agreement will prevail. 

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

2

 

        (o)   "Resellers" means those Partner-authorized distributors, resellers and other sales channels that do not develop and
distribute products or services that are similar and competitive to those of Hyperion. A current list of Hyperion competitors is provided at Exhibit H. Hyperion reserves the right to make
changes to Exhibit H upon prior written notice to Partner. 

        (p)   "Service Bureau Provider" means Partner or Service Bureau Partner acting on behalf of a named End User, when such End
User has contracted with Partner or Service Bureau Partner, as part of the Partner Product offering, to outsource certain information technology related activities of its business to Partner or
Service Bureau Partner, including operation and administration of the Software as part of the Partner Product for the purpose of processing End User's internal business. 

        (q)   "Service Bureau Server" means the identified server used by Service Bureau Provider for the purposes of processing End
User's internal business. 

        (r)   "Service Bureau Partner" means a Partner-authorized service bureau provider who does not develop and distribute products
or services are not similar and competitive to those of Hyperion. A current list of Hyperion competitors is provided at Exhibit H. Hyperion reserves the right to make changes to
Exhibit H upon prior written notice to Partner. 

        (s)   "Software" means the Hyperion software products in object code form and related Documentation as more fully described in
Exhibit A, and any Updates and modifications to such products that may be provided by Hyperion from time to time. 

        (t)    "Sublicense Fees" means the fees payable by Partner in connection with (i) each sublicense of the Software granted
by Partner, and (ii) each license of the Software granted by Hyperion to Service Bureau Provider. 

        (u)   "Support" means technical support, software diagnosis, and software problem analysis and resolution provided over the
telephone, by fax, via e-mail, or by other remote electronic means, and the provision of Updates and bug fixes. 

        (v)   "Territory" means the geographical region and/or market segment described in Exhibit A in which Partner has rights
to market, sublicense, distribute and support the Partner Solution. 

        (w)  "Updates" means any subsequent releases of the Software that Hyperion makes generally available to its maintenance
customers at no additional license fee from time to time and that is intended to replace a prior Software release. Updates shall not include new functionality for which Hyperion will license
separately. 

2.     LICENSE AND DELIVERY

        (a)   Development Software. Upon payment of the Development Software Fees described in Section 6 and Exhibit A,
Hyperion will provide to Partner the Development Software listed in Exhibit A. During the term of this Agreement and subject to its terms and conditions, Hyperion grants to Partner a
non-exclusive, nontransferable license to use the Development Software on Partner's computer equipment solely to develop, support and maintain the integration of the Software with the
Partner Product for purposes of providing the Partner Solution. The Development Software shall not be used to run the internal operations of Partner or for the benefit of any third party, nor (except
as provided in Section 2(e) below) shall the Development Software be provided to any third party. 

        (b)   Distribution of Software. During the term of this Agreement and subject to its terms and conditions, Hyperion grants to
Partner a non-exclusive right to market, distribute and sublicense the Software to End Users within the Territory; provided that Partner may market, distribute and sublicense the Software
only as part of the Partner Product and/or in conjunction with Lawson software products (which Lawson software product may already be in possession of End User, or which may be sublicensed with
Software at the same time) to its End Users. Partner may also market, distribute and sublicense the Software as part of the Partner Product and/or in conjunction with Lawson software products (which
Lawson software product may already be in possession of End User, or which may be sublicensed with Software at the same time) indirectly through Resellers. All Resellers shall comply with the
limitations, restrictions and other terms and conditions of this Agreement relating to the marketing, distribution and sublicense of the Software. Partner shall be solely responsible for ensuring the
compliance of all Resellers with the terms of this Agreement. 

3

 

        (c)   Partner Product Description and Software Sublicense Restrictions. Partner may market, distribute and sublicense the
Software solely for use or in conjunction with the licensing of one or more Partner Products and/or Lawson software products in the manner authorized in Exhibit A, subject to the restrictions
applicable to the specific license type described in such Exhibit. Such restrictions shall be enforced by programmatic and/or contractual limitations. Contractual language, where used, shall contain
terms, with respect to Application Specific Sublicenses, substantially similar to those set forth in Exhibit B. Partner agrees to distribute the Software only under a written and signed license
agreement containing provisions at least as protective of Hyperion's rights with respect to, and consistent with, the limitations of liability, disclaimers of warranty and use restrictions contained
in (i) this Agreement; (ii) the Hyperion Solutions Corporation Software License Agreement contained in Exhibit D; and (iii) the then-current copy and use
restrictions for such Software which shall be provided to Partner upon request from time to time. A current copy of the copy and use restrictions is contained in Exhibit D. In addition, Partner
and its Resellers may not knowingly (applying the "reasonable person" standard) license the Software to any company, or the employees or consultants of such company, who develop and distribute
products or services that are similar and competitive to those of Hyperion. A current list of such competitors is provided at Exhibit H. Hyperion reserves the right to make changes to
Exhibit H upon prior written notice to Partner. 

        (d)   Enforcement of End User Licenses. Partner shall at all times use commercially reasonable efforts to enforce the terms and
conditions of any End User license agreement concerning the Software. In the event that Partner fails to enforce, in the reasonable opinion of Hyperion, any such End User licenses, Partner hereby
appoints Hyperion its true and lawful attorney-in-fact, in its name or otherwise, to do any and all acts necessary and appropriate and to execute any and all documents in the
name of Partner as its attorney-in-fact, as well as in the name of Hyperion, which may be necessary and appropriate to preserve, enforce or effect any rights of Hyperion or
Partner under the End User licenses. The power of attorney granted by or pursuant to the preceding sentence and all authority hereby conferred are made, granted and conferred subject to and in
consideration of the interest of the Hyperion for the purpose of assuring compliance by Partner with this Agreement and shall be deemed to be powers coupled with an interest. Accordingly, such powers
of attorney shall be irrevocable prior to the expiration of the term of this Agreement and shall not be terminated prior thereto or affected by any act of Partner or by operation of law, including but
not limited to, the termination of this Agreement by Hyperion under Section 7. If Hyperion terminates this Agreement in accordance with Section 7, Hyperion is nevertheless fully
authorized to act under such powers of attorney as if termination had not occurred and regardless of notice thereof. 

        (e)   Demonstration and End User Evaluation Licenses. Partner may make a reasonable number of copies of the Software for use by
Partner: (i) for the purpose of demonstrations at Partner locations and at trade shows, user groups, or seminar presentations; (ii) for internal training of Partner's employees;
(iii) marketing and demonstration of the Software to prospects; and (iv) for use by Partner at an End User location for End User evaluation. Partner may sublicense evaluation copies of
the Software (i) for which Partner has a master copy as set forth in Section 2(g) below or (ii) solely for use in conjunction with the licensing of one or more Partner Products to
enable End User to evaluate the Partner Solution. Partner agrees to distribute evaluation copies of the Software only under a written and signed End User software evaluation license agreement. Partner
may also order from Hyperion evaluation copies of the Software for use by End Users or legitimate prospects. To obtain such evaluation copies and related registration keys, Partner must submit to
Hyperion a signed Hyperion Software Evaluation Agreement (in the form prescribed by Hyperion) as well as a written request (i) identifying Partner and this Agreement (ii) specifying the
name and address of the End User (iii) detailing the products, platform and product configuration to be evaluated and (iv) providing the name, address and telephone number of the person
to whom the Software and registration number should be sent. The evaluation period of End User Evaluation Licenses may be for periods not to exceed *** unless agreed upon on a
case-by-case basis, after which the Software shall be considered to be sublicensed and Sublicense Fees will be due. Partner and its Resellers may not knowingly (applying the
"reasonable person" standard) sublicense demonstration or evaluation Software to any company, or the employees or consultants of such company, who develop and distribute products or services that are
similar and competitive to those of Hyperion. 

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

4

 

        (f)    Ordering Copies for Distribution. Except for Hyperion Essbase and Hyperion Analyzer Software, Partner shall submit
written order(s) to Hyperion for all other Software for distribution hereunder substantially similar in the form of Exhibit G. Partner may submit such written orders to Hyperion via fax or
e-mail and all such orders submitted via e-mail shall constitute an irrevocable, final and binding order whether or not an actual authorized signature is affixed to the order.
Hyperion may, in its discretion, establish minimum quantities for orders, which minimum quantities shall mirror those that Hyperion sets for its end user customers. Hyperion shall endeavor to fulfill
orders promptly, but may delay orders that are in excess of its capacity to produce Software. Software shall be shipped, either electronically or physically, by Hyperion either to Partner or Partner's
End User, as requested by Partner, F.O.B. origin, freight prepaid with risk of loss to pass from Hyperion upon either (i) physical delivery by Hyperion to a common carrier or
(ii) electronic delivery by Hyperion which shall be deemed delivered when e-mail notification is provided to the End User that the Software is available for downloading by the End
User. Hyperion shall invoice Partner upon shipment of orders received for applicable fees and freight charges, including transportation and insurance. Except for Hyperion Essbase and Hyperion Analyzer
Software, Partner shall not make copies of the Software for purposes of distributing the Software under its distribution license. 

        (g)   Master Copy for Distribution (Essbase and Analyzer Only). Hyperion will deliver to Partner a master copy of Hyperion
Essbase and Hyperion Analyzer Software only. Partner may then make as many copies of such Software as are required and authorized for distribution to its Resellers and End Users as provided in this
Agreement. Partner shall not make copies of such Software for any other purpose except as expressly authorized in this Agreement and the right to make copies for distribution does not expand any other
rights or mitigate any restrictions on use and distribution otherwise contained in this Agreement. Partner shall preserve all copyright, trademark, and other proprietary notices contained on or in the
Software and in all copies thereof. Partner shall not grant the right to make distribution copies to any Reseller or End User. Hyperion shall have the right to inspect and audit Partners policies and
procedures applied to reproduction of Hyperion's trademarks upon reasonable notice. 

        (h)   Service Bureau License. During the term of this Agreement and subject to its terms and conditions Hyperion grants to
Partner a non-exclusive perpetual right to install and use the Software in conjunction with the Partner Product to enable Partner to act as a Service Bureau Provider to End Users within
the Territory. Service Bureau Provider's use of the Software is subject to the Software copy and use restrictions described in this Agreement and in the Hyperion Software License and Services
Agreement, which is attached to this Agreement as Exhibit D, and any Software copy and use restrictions as provided by Hyperion from time to time for Software products not currently included in
the attached Hyperion Software License and Services Agreement. In the event of conflict between the terms of this Agreement and the Hyperion Software License and Services Agreement, the terms of this
Agreement shall prevail with respect to this Service Bureau license. Partner shall submit written orders to Hyperion or make copies from its master copy as authorized by Section 2(g) above for
Software to be used on Service Bureau Servers. Partner may also use Service Bureau Partners to act as a Service Bureau Providers to End Users within the Territory. All Service Bureau Partners shall
comply with the limitations, restrictions and other terms and conditions of this Agreement relating to the role of the Service Bureau Provider. Partner shall be solely responsible for ensuring the
compliance of all Service Bureau Partners with the terms of this Agreement. Partner agrees to indemnify Hyperion from and against any actual monetary liability or damages (including reasonable
attorneys' fees) suffered by Hyperion from any claim by an End User against Hyperion due to provision of service bureau services by Partner or Service Bureau Partner to such End User, to the extent
that such claim is not attributable to the performance or operation of the Software itself. 

5

 

        (i)    Service Bureau License Restrictions. Service Bureau Providers may use the Software solely in conjunction with the use of
one or more Partner Products in the manner authorized in this Agreement, subject to the Service Bureau License restrictions described in this Agreement. Such restrictions shall be enforced by either
programmatic and/or contractual limitations. Contractual language, where used, shall contain terms, with respect to Application Specific Sublicenses, substantially similar to those set forth in
Exhibit B. Partner agrees that any End User allowed access to the Software under any agreement where Partner or Service Bureau Partner is acting as a Service Bureau Provider shall be bound by a
written and signed agreement with provisions at least as protective of Hyperion's rights as the limitations of liability, disclaimers, and use restrictions identified in this Agreement and in the
Hyperion Software License and Services Agreement contained in Exhibit D. Partner may not grant access to the Software to any company, or the employees or consultants of such company, whose
products or services are similar and competitive to those of Hyperion. A current list of such competitors is provided at Exhibit H. Hyperion reserves the right to make changes to
Exhibit H upon prior written notice to Partner. 

        (j)    Beta or Pre-release Program Participation. Partner shall be allowed to participate in Hyperion's beta or
pre-release software program. The terms and conditions of the applicable then current Hyperion pre-release license agreement will govern beta or pre-release
Software provided to Partner. 

3.     PARTNER OBLIGATIONS

        (a)   Minimum Annual Quota Targets. Partner shall endeavor to achieve the minimum annual quotas targets specified *** during
each contract year. These quotas consist of ***. 

        (b)   Hyperion Attribution; Compliance. Partner shall not remove or alter any copyright, trademark, patent or other proprietary
notices contained in the Software. Upon Hyperion's reasonable request and subject to the nondisclosure provisions of this Agreement, Partner shall provide Hyperion the right to view the Partner
Products or Software for which Partner is authorized to make copies from the master copy and any related documentation and collateral solely to verify compliance with this provision and the licensing
restrictions contained in this Agreement. 

        (c)   Reputation and Goodwill. Each party agrees to properly use the other party's correct product names and trademarks for the
other party's products and services and shall not knowingly make false or misleading representations with regard to such products or services or the other party. Each party further agrees to conduct
business in a professional manner and act in good faith with respect to the other party's products and services and the good reputation ofthe other party. 

        (d)   Quality Control of Manufactured Software and Media. Partner agrees to use commercially reasonable efforts to implement
and observe commercially reasonable quality standards when reproducing the Software for distribution to its End Users. In the event that Hyperion does not supply specifications for reproducing the
Software, Partner's policies and practices will at a minimum mandate the use of high quality media and the prevention of the introduction of software viruses to the extent commercially reasonable.
Hyperion shall have the right to inspect and audit Partner's policies and practices applied to reproducing the Software upon reasonable notice. Hyperion shall have the right to notify Partner of
perceived deficiencies in Partner's policies and practices and in the event that Partner fails to correct actual deficient practices within fifteen (15) days of written notification, Hyperion,
at its sole reasonable discretion, may terminate Partner's right to produce distribution copies of the Software. 

        (e)   Business Plan. Partner and Hyperion shall collaborate on the creation of a detailed joint business plan ("Business Plan")
according to the business plan requirements set forth in the Program Guide. 

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

6

 

4.     MARKETING ACTIVITIES

        (a)   Publicity. Neither party will issue any public announcement nor publish any materials that reference or discuss the other
party or its products without the prior written consent of the other party. Neither party shall disclose the terms of this Agreement to any third party
without the prior written consent of the other party. 

        (b)   Joint Marketing. During the term of this Agreement, Partner and Hyperion may mutually agree from time to time to engage
in joint marketing activities which promote their products including seminars, press announcements, trade shows, user groups or other events. Unless otherwise mutually agreed in writing in advance,
each party will be responsible for its own costs and expenses when engaging in such joint marketing activities. 

        (c)   Co-op Marketing Program. Partner shall be eligible to participate in Hyperion's co-op marketing
program according to the guidelines set forth in the Program Guide. 

        (d)   Marketing Assistance Program. Partner shall be eligible to participate in Hyperion's Marketing Assistance Program
according to the guidelines set forth in the Program Guide. 

5.     SUPPORT AND OTHER SERVICES

        (a)   Development Software Support. In consideration of the Program Fee described in Section 6(b) and specified in
Exhibit A, Hyperion will provide Partner Support Services to Partner in connection with Partner's use of the Development Software during the periods for which such payments have been made. 

        (b)   End User Support to Partner. In consideration of the payment of the End User Support Fees described in Section 6,
Hyperion will provide Partner Support Services to Partner in connection with Partner's support of its End Users. 

        (c)   Support to End Users. Partner shall be responsible for ensuring that End Users are provided or have access to Support for
Software sublicensed by Partner. Partner shall either: (i) be responsible for distributing Updates and providing Support to its End Users, for which Hyperion will have no responsibility for
providing Support directly to Partner's End Users; or (ii) arrange for End Users to contract directly with Hyperion for Support of Restricted Full Use Sublicenses only ("RFU Support"), for
which Hyperion will provide RFU Support to Partner's End Users who have contracted directly with Hyperion for such RFU Support; or (iii) subcontract Hyperion, pursuant to the subcontracting
terms set forth in Section 5(d) below, to provide RFU Support to End Users on Partner's behalf. In no event will Hyperion be responsible for providing Support or maintenance services with
respect to Partner Products. Any error or other problem arising from an End User's use of the Partner Products shall be referred to Partner, and Hyperion shall have no further obligation with respect
to such error or problem. Partner shall be responsible for distributing Updates and providing Support to its Resellers and Hyperion will have no responsibility for providing Support directly to
Partner's Resellers. 

        (d)   Subcontracting Hyperion To Provide RFU Support. In the event that Partner elects to subcontract Hyperion to provide RFU
Support to End Users on Partner's behalf, Partner shall submit written order(s) to Hyperion for RFU Support substantially similar in the form of Exhibit G. In consideration of the payment of
the End User Support Fees related to when Partner subcontracts Hyperion to provide RFU Support to End Users, Hyperion will provide the related End User the Support services described in
Schedule I (Service Terms and Conditions) of the Hyperion Software License and Services Agreement, which is attached to this Agreement as Exhibit D. In the event of any End User Support
issue, such issue(s) shall be escalated for resolution as set forth in Exhibit A-2. Hyperion shall have no obligation to provide Support services to End User on behalf of Partner
for which the related End User Support Fees have not been prepaid. In the event that coverage for End User Support provided by Hyperion as a subcontractor to Partner to the related End User lapses as
a result of either non-election or termination by End User for any reason or by Partner for End User's non-payment, renewal of such End User Support will require payment by
Partner to Hyperion of a reinstatement fee equal to two percent (2%) per month of the sum of the End User Support Fees for any previously unpaid contract period(s) plus full payment for the subsequent
annual period. 

7

   
        (e)   Subcontracting Terms. Support services facilitate the use of Hyperion Software products provided to End Users of Partner
on a licensed basis (Hyperion retaining ownership). In furtherance of that licensing model, the parties agree that Hyperion and its suppliers shall own all title, right and interest (including any
copyrights, patents, trade secrets or other intellectual property rights) in and to all materials delivered by Hyperion in connection with the performance of Support services under this Agreement. In
addition to the limitation of liability set forth Section 8(h) of this Agreement, Hyperion's liability for damages from any cause of action whatsoever relating to Hyperion's obligations to
provide Support services as a subcontractor to Partner, shall be limited to the unused amount prepaid by Partner to Hyperion for such End User Support for the applicable year. THESE SUBCONTRACTING
TERMS AND CONDITIONS FOR THE PROVISION OF END USER SUPPORT CONSTITUTE A SERVICE CONTRACT AND NOT A PRODUCT WARRANTY. HYPERION FOR ITSELF AND ITS SUPPLIERS DISCLAIMS ALL SERVICE WARRANTIES OR
CONDITIONS, EITHER EXPRESS OR IMPLIED, INCLUDING BUT LIMITED TO WARRANTIES OR CONDITIONS OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 

        (f)    Additional Products and Services. Hyperion will provide to Partner additional products and services, which are for
Partner's use and not for resale, as Partner may select from Section III of Exhibit A, subject to availability. The prices for such products and services in effect as of the Effective
Date are specified in Exhibit A; however, Hyperion reserves the right to change such prices without notice. 

        (g)   Source Code Escrow. Hyperion maintains a copy of Hyperion source code for the Software with a source code escrow agent
(the "Agent"). Upon Partner's request, Hyperion shall forward a source code escrow agreement ("Escrow Agreement") to Partner for execution after which Hyperion shall register Partner with the Agent.
Such Escrow Agreement shall contain release conditions that shall provide for specified Hyperion source code to be released to Partner in the event that Hyperion has: (i) materially failed,
after the expiration of any applicable cure period, to materially perform maintenance or support obligations which Hyperion agreed to perform under the Agreement so long as Partner is current on
maintenance, i.e., current on maintenance payments and is running the then-currently Hyperion supported version(s) of the Hyperion Software;  or (ii) Hyperion has materially ceased to do business in
the ordinary course and has become insolvent without a successor in interest. Partner
agrees to pay for the registration and continued listing of Partner with Agent at Agent's then current fees for such service subject to the specific purpose herein. Partner shall not be eligible to
receive the source code under the Escrow Agreement unless Partner has paid for and is current on escrow enrollment and renewal, and has paid for and is entitled to Support from Hyperion for the
Software. Partner's use of such source code shall be subject to the terms of the Escrow Agreement and the Agreement. From time to time Hyperion shall permit Partner to extend third party beneficiary
rights in Hyperion source code for the Software to specific End Users who request such third party beneficiary rights. For each End User desiring third party beneficiary rights to Hyperion's source
code, Partner must execute a separate Addendum for Third Party Beneficiary Rights to Source Code form attached to this Agreement as Exhibit F. 

6.     FEES AND PAYMENT

        (a)   *** 

        (b)   *** 

        (c)   ***

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

8

 

        (d)   ***

        (e)   End User Support Fees.

        (e)(1) Partner Provides End User Support (Hyperion Drop Ships). For each sublicense of the Software granted by Partner for
which Hyperion drop ships Partner's order to the End User and for which the related End User has also contracted for Support from Partner, Partner shall pay to Hyperion the initial annual End User
Support Fee as set forth on Exhibit A. Hyperion shall invoice Partner for End User Support Fees upon shipment by Hyperion of the Software orders received. End User Support Fees are payable to
Hyperion annually in advance of the annual maintenance period for which they apply. *** 

        (e)(2) Partner Provides End User Support (Partner Fulfills). For each sublicense of the Software granted by Partner for which
Partner fulfills the order to the End User and for which the related End User has also contracted for Support from Partner, Partner shall pay to Hyperion annual End User Support Fees as set forth in
Exhibit A, payable in accordance with Section 6(g) below. End User Support Fees are payable to Hyperion annually in advance of the annual maintenance period for which they apply. *** 

        (e)(3) Hyperion Provides End User Support (Hyperion Drop Ships). For each sublicense of the Software granted by Partner for
which Hyperion drop ships the order to the End User and for which the related End User has also contracted for Support from Hyperion, Hyperion shall invoice End User for annual Support annually in
advance of the period for which they apply. 

        (e)(4) Subcontracting Hyperion to Provide RFU Support. For each Restricted Full Use Sublicense of the Software granted by
Partner where the related End User has contracted for RFU Support from Partner and Partner has subcontracted Hyperion to provide such RFU Support to the related End User, Hyperion shall invoice
Partner annually in advance of the period for which it applies the related End User Support Fees as set forth in Exhibit A. *** 

        (f)    Reporting and Payment of Sublicense Fees (Partner Fulfills). Within ***, Partner shall provide to Hyperion a written
report of all deliveries by Partner of Software to End Users under this Agreement that occurred during ***, identifying the anniversary
date, the End User name and address, and a detailed accounting of the Sublicense Fees payable for each Software sublicense on a form substantially similar or equivalent to Exhibit E. *** 

        (g)   Reporting of End Users Support Fees. Within ***, Partner shall provide to Hyperion a written report of all anniversaries
of the delivery of Software sublicenses to End Users under this Agreement, for which Partner provides Support to the related End Users, that occurred during the month, identifying the anniversary
date, the End User name and address, and a detailed accounting of the End User Support Fees payable for each such End User on a form substantially similar or equivalent to Exhibit E. Within
***, Partner shall pay to Hyperion, in the aggregate, full payment of all End User Support Fees then due and payable by Partner pursuant to this Section 6(g). 

        (h)   Maintenance of Books and Records. Each party shall maintain accurate books and records relating to the performance of its
obligations under this Agreement for at least three (3) years after expiration or termination of this Agreement. 

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

9

 

        (i)    Terms of Payment. ***

        (j)    Audit. At any time, Hyperion may, upon five (5) days' written notice and not more than once in each twelve month
period, examine Partner's books and records related to the amounts due to Hyperion. Such examination may be done by Hyperion or its certified public accounting firm***. Audits will not interfere
unreasonably with Partner's business activities. 

7.     TERM AND TERMINATION

        (a)   Initial Term. This Agreement and the licenses granted under it shall remain in effect from the Effective Date for three
(3) Contract Years (the "Initial Term") and shall automatically renew for subsequent one Contract Year periods unless terminated in accordance with the terms of this Agreement. 

        (b)   Termination for Cause. Either party may terminate this Agreement by giving written notice to the other party if such
other party fails to perform or comply with this Agreement or any provision hereof, including, but not limited to failure of Partner to pay undisputed fees when due (disputed fees must be a bona fide
dispute). Such termination shall be effective, in the case of non-payment of undisputed fees by Partner, ten (10) days after delivery by Hyperion of written notice. In all other
events, termination shall be effective thirty (30) days after written notice from the non-breaching party unless the occurrence giving rise to the right of termination and its
adverse effects have been cured to the reasonable satisfaction of the non-breaching party prior to the expiration of such thirty (30) day period. 

        (c)   Termination without Cause. After the Initial Term, either party may terminate this Agreement at any time without cause by
providing the other with not less than one hundred eighty (180) days' written notice. 

        (d)   Bankruptcy. This Agreement shall terminate automatically if (i) Partner files or has filed against it a petition
under any applicable law relating to insolvency or the protection of creditors, (ii) Partner makes an assignment for the benefit of creditors or (iii) a receiver or similar official is
appointed for all or a substantial portion of Partner's assets. 

        (e)   Remedies. Termination of this Agreement shall not limit or restrict any of the remedies otherwise available to the
parties hereunder or at law. 

        (f)    Effects of Termination. Upon termination of this Agreement for any reason, all rights and licenses granted under this
Agreement shall terminate and revert to Hyperion, except that (i) sublicenses or service bureau service contracts of the Software granted by Partner to End Users in accordance with this
Agreement as of the date of termination will remain in effect in accordance with their terms and conditions. Upon termination of this Agreement for any reason, Partner shall (i) cease using all
Demonstration and Development Software Licenses and Documentation; (ii) cease issuing any End User Evaluation Licenses, sales literature and other written information and materials supplied by
Hyperion pursuant to this Agreement or which contain Hyperion's trademarks; (iii) cease issuing new sublicenses or service bureau service contracts of Software; (iv) at Hyperion's
request, return to Hyperion all copies of the Software, sales literature and other written information and materials supplied by Hyperion pursuant to this Agreement or which contain Hyperion's
trademarks; and (v) no longer identify or hold itself out as a distributor of the Software. Notwithstanding the foregoing, Partner may retain sufficient copies of the Development Software, its
related Documentation, and a limited use license to use the Development Software and related Documentation solely as required to fulfill its contractual duties to support End Users for the duration of
the term of maintenance and support agreements existing as of termination that are no longer than one year, provided that Partner has paid Hyperion the applicable End User Support Fees. Partner shall
advise Hyperion at least sixty (60) days prior to expiration of any maintenance and support agreements existing as of termination, and Hyperion shall offer to the related End User to purchase
ongoing annual End User Support from Hyperion under Hyperion's then current Support terms. 

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

10

 

8.     GENERAL TERMS AND CONDITIONS

        (a)   Ownership. Hyperion retains all right, title and interest in the Software and in any ideas, know-how,
programs, processes, designs, inventions, works, trade secrets, and other information, which may be developed by Hyperion in the course of providing any technical services, including any enhancements
or modifications made to the Software (collectively, "Hyperion Materials"), and all patents, copyrights, trade secrets, and other proprietary rights in or related to the Hyperion Materials, whether or
not specifically recognized or perfected under the laws of the country where the Hyperion Materials are located. Partner will not remove, alter or destroy any form of copyright notice, proprietary
markings or confidential legends placed upon or contained within the Hyperion Materials. Further, Partner will reproduce Hyperion's copyright and other proprietary rights notices on any copies of the
Hyperion Materials it uses, including archival and backup copies. 

        (b)   Restrictions. Partner shall not translate, disassemble, reverse engineer, decompile or otherwise attempt to reconstruct
or discover any source code or underlying ideas or algorithms of, or embodied in, the Software. Partner shall not cause or permit unauthorized copying, reproduction or disclosure of any portion of the
Software, or any instructions, manuals, or other Documentation, or the delivery or distribution of any part of either the Software or the Documentation, to any third person or entity, for any purpose
whatsoever, including, but not limited to, transmission, uploading, downloading, leasing, or operating the Software as a timeshare without the prior written consent of Hyperion. 

        (c)   Confidential Information.

          (i)  "Confidential Information" means all information related to the business of the disclosing party that may be obtained by
the receiving party from any source as a result of this Agreement, provided that if written, the information is clearly identified as proprietary or confidential, and if oral, shall be followed by a
written summary of such oral communication within fifteen (15) days of the date of disclosure. Confidential Information includes (but is not limited to) source code, algorithms, concepts,
pricing information, business methods, customer lists, customer contact information, customer information and data, business and technical plans, research and test results, including the results of
any performance or benchmark tests or evaluation of the Software. 

         (ii)  What is Not "Confidential Information". Confidential Information does not include information that the receiving party
can demonstrate through written documentation (i) is or becomes publicly available through no act or omission of the receiving party; (ii) the disclosing party discloses to a third party
without restriction on further disclosure; (iii) is rightfully disclosed to the receiving party by a third party without restriction on disclosure; (iv) is independently developed by the
receiving party without access to the disclosing party's Confidential Information; (v) is previously known to the receiving party without nondisclosure obligations or (vi) is required to
be disclosed pursuant to any court order provided that the receiving party shall advise the disclosing party of such request in time for the disclosing party to apply for legal protection. 

        (iii)  Nondisclosure. Except as required by federal and state laws, rules and regulations, including but not limited to the
Health Insurance Portability and Accounting Act of 1996 ("HIPAA"), each party agrees that it will not disclose to any third party any Confidential Information belonging to the other party without the
other party's prior written consent. Hyperion shall comply with HIPAA regulations, to the extent applicable to Hyperion, in connection with the protection of End User's patient information, which may
be provided by Partner or End User about End User's patients, and shall not make any unauthorized disclosure or use of such information for any purpose other than to perform the activities
contemplated by this Agreement. Each party agrees that it will not use the Confidential Information of the other party except as authorized in the Agreement. Each party further agrees that it will
maintain the confidentiality of all Confidential Information of the other party and prevent the unauthorized disclosure or use of any Confidential Information by its clients, customers, employees,
subcontractors or representatives. In no event shall any party use less care to maintain the Confidential Information of the other party than it uses to maintain the confidentiality of its own similar
non-public information. Each party further agrees to notify the other in writing of any misuse or misappropriation of the other party's Confidential Information that may come to its
attention. 

11

 

        (d)   Indemnification by Hyperion.

          (i)  Provided by Hyperion. ***. 

         (ii)  Limitations. ***. 

        (iii)  Options for Remedy. ***. 

        (e)   Indemnification by Partner. Partner shall defend and hold Hyperion harmless from (a) any claim by a third party
that the Partner Product infringes any patent, trade secret, confidentiality right, trademark right or copyright of that third party in any jurisdiction in which Partner is licensed by Hyperion to use
or distribute the Software or (b) on any action brought against Hyperion to the extent that it is based on a claim based on misrepresentations made by Partner about the performance or operation
of the Software that differ from those found in Hyperion's Documentation and marketing material, provided that: (i) Partner is promptly notified in writing of the claim and no delay by Hyperion
in providing that notice materially prejudices the rights of Partner; (ii) Partner has sole control of the defense and any negotiations for its settlement (provided that Partner does not agree
to any settlement that materially prejudices Hyperion); and (iii) Hyperion provides Partner, at Partner's expense, with all reasonable assistance, information, and authority necessary to
perform the above. 

        (f)    Limited Warranty and Disclaimer. ***. EXCEPT FOR ANY EXPRESS WARRANTIES MADE HEREIN, HYPERION MAKES NO WARRANTIES
WHATSOEVER, EITHER EXPRESS OR IMPLIED, WITH REGARD TO THE SOFTWARE, MEDIA AND ANY SERVICES COVERED BY THE AGREEMENT, INCLUDING BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A
PARTICULAR PURPOSE. HYPERION DOES NOT WARRANT, GUARANTEE, OR MAKE ANY REPRESENTATIONS THAT THE SOFTWARE IS ERROR-FREE OR REGARDING THE USE, OR THE RESULTS OF THE USE, OF THE SOFTWARE IN
TERMS OF CORRECTNESS, ACCURACY, RELIABILITY OR OTHERWISE. 

        (g)   Limitation of Remedy. ***. 

        (h)   Limitation of Liability. ***. 

        (i)    Taxes. ***. 

        (j)    Export. Partner acknowledges that the Software, the Confidential Information of Hyperion and all Documentation and other
technical information delivered pursuant to the Agreement (collectively, "Technical Data") are subject to export controls under U.S. laws including but not limited to the Export Administration Act and
the regulations promulgated thereunder. Partner agrees to (a) comply strictly with all legal requirements established under these controls, (b) cooperate fully with Hyperion in any
official or unofficial audit or inspection that relates to these controls, and (c) not export, re-export, divert, transfer, or disclose directly or indirectly, any Technical Data to
any country, or to the nationals of any such country, which the U.S. government determines is a country to which such export, re-export, diversion, transfer, or disclosure is restricted,
without obtaining the prior written authorization of Hyperion and the applicable U.S. government agency. Any breach of this provision shall be considered a material breach of the Agreement. 

        (k)   Force Majeure. Neither party shall be responsible for any delay in its performance due to causes beyond its reasonable
control. 

        (l)    Assignment. Partner may not assign, delegate or otherwise transfer the Agreement or any of its rights or obligations to a
third party and any such attempted transfer shall be void. Notwithstanding the foregoing, Partner may assign, upon written notice to Hyperion, its rights and obligations under this Agreement to the
surviving corporation in any merger or consolidation to which it is a party or to any entity which acquires all or substantially all of its capital stock or assets, provided that such entity is not a
competitor of Hyperion. 

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

12

 

        (m)  Amendment and Waiver. Any waiver, amendment or modification of any provision of this Agreement must be in writing. No
waiver or consent shall constitute a continuing waiver or consent or commit a party to provide a waiver in the future except as specifically set forth in writing. The failure of either party to
exercise any right provided for by this Agreement shall not be deemed a waiver of that right. 

        (n)   Notices. All notices and other communications required or permitted under this Agreement shall be in writing, addressed
to the Legal Department of the party being notified at its address first written above, and shall be deemed given: (a) upon receipt when delivered personally, (b) upon confirmation of
receipt following delivery of registered or certified mail, return receipt requested, or (c) upon delivery by a recognized overnight courier service which provides confirmation of delivery. 

        (o)   Attorneys' Fees. Other than for indemnification under Sections 8(d) and 8(e) above, each party shall pay its own
attorneys' fees and costs in any action related to this Agreement. 

        (p)   Authority to Sign. Each person signing this Agreement represents and warrants that he or she is duly authorized and has
legal capacity to execute and deliver this Agreement. Each party represents and warrants to the other that the execution and delivery of this Agreement and the performance of such party's obligations
have been duly authorized and that the Agreement is a valid and legal agreement binding on the party and enforceable according to its terms. 

        (q)   Governing Law. This Agreement shall be deemed to have been made in, and shall be construed under, the laws of the State
of California without regard to its conflicts of laws provisions. The United Nations Convention on Contracts for the International Sale of Goods shall not apply to this Agreement. In any legal action
relating to this Agreement, Partner agrees that the federal or state courts of California located in Santa Clara County shall have the sole and exclusive jurisdiction over the matter. Neither this
Agreement, nor any terms and conditions contained herein, shall be construed as creating a partnership, joint venture, agency, or franchise relationship and neither party by virtue of this Agreement
shall have any right, power, or authority to act or create any obligation, express or implied, on behalf of the other party. 

        (r)   Survival of Obligations. The following obligations will survive termination of the Agreement for any reason:
(a) all obligations relating to non-use and nondisclosure of Confidential Information; (b) all obligations relating to indemnification and protection of proprietary rights;
(c) all obligations to make payments of undisputed amounts (disputed amounts must be a bona fide dispute), that are or become due under this Agreement prior to termination; (d) all
obligations regarding maintenance of records for tracking sublicense fees owing to Hyperion; and (e) all provisions regarding the limitations of warranty, remedy and liability. 

        (s)   Severability. Wherever possible, each provision of the Agreement shall be interpreted in such a way as to be enforceable
and valid under applicable law. If any term or provision of this Agreement is determined to be illegal, unenforceable, or invalid in whole or in part for any reason, that provision shall be stricken
from this Agreement and shall not affect the legality, enforceability or validity of the remainder of this Agreement. 

        (t)    Entire Agreement. The Agreement, including the attached Exhibits, constitutes the entire agreement between the parties,
and supersedes all prior oral or written agreements or communications with regard to the subject matters described. No additional or conflicting term in a purchase order or other document shall have
any effect on the terms of this Agreement. 

13

  

 
 

EXHIBIT A    
    
    Business Term Summary    
    

I.    Development Software  

Partner
shall receive the following Development Software in accordance with Sections 2(a) and 6(a) of the Agreement: 

	Development Software Description
 
	 	Unit Cost
	 	Total Units
	 	Extended Cost

	Hyperion Essbase Classic Concurrent Base Solution w/all options	 	***	 	***	 	***
	Hyperion Essbase Classic Concurrent Users	 	***	 	***	 	***
	Hyperion Planning Base Solution w/all options	 	***	 	***	 	***
	Hyperion Planning Named Interactive Users	 	***	 	***	 	***
	Hyperion Analyzer Base Solution w/all options	 	***	 	***	 	***
	Hyperion Analyzer Concurrent Interactive Users	 	***	 	***	 	***
	Hyperion Pillar Base Solution w/all options	 	***	 	***	 	***
	Hyperion Pillar Named Interactive Users	 	***	 	***	 	***
	Development Software Fees Total Due:	 	***

All
of the following information is required to (electronically or physically) ship Development Software: 

	SHIP DEVELOPMENT SOFTWARE TO:	 	BILL DEVELOPMENT SOFTWARE TO:
	Company: Lawson Software	 	Company: Lawson Software
	Address: 380 St. Peter Street	 	Address: 380 St. Peter Street
	City, State, Zip: St. Paul, MN 55102	 	City, State, Zip: St. Paul, MN 55102
	Contact:	 	Contact:
	Phone:	 	Phone:
	Fax:	 	Fax:
	E-mail:	 	E-mail:

II.    Program Fee  

***

Specify Partner Level (Silver, Gold or Platinum): Platinum

The Program Fee is payable in accordance with Section 6(b) of the Agreement.

*** 

III.    Additional Products and Services (Not for Resale)  

Partner
shall also be entitled to purchase the following additional Hyperion products and services discounted (if any) from Hyperion***: 

	Products and Services
 
	 	Pricing & Description
 

	***	 	• ***
	***	 	• ***
	***	 	• ***
	***	 	• ***
	***	 	• ***
	***	 	• ***
	***	 	• ***
	***	 	• ***

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

14

 

IV.    Hyperion Products Available for Sublicensing  

Partner
shall have the right to sublicense the following Software products, including subsequent Updates and enhancements to such Software products commercially released by Hyperion during the Term of
this Agreement in accordance with Sections 2(b) and 2(c) of the Agreement: 

	Hyperion Products Available for Sublicensing, subject to sublicense restrictions set forth in Section VII below.
 
	 	Platform & Operating System
 

	• ***	 	***

V.    Prepaid Sublicense Fees  

The
following are the prepaid Sublicense fees due upon signing this Agreement: 

	Prepaid Sublicense Fees	 	Total Due	 	***

VI.    Total Fees Payable  

The
following fees are due upon signing this Agreement: 

	Description
 
	 	Unit Cost
	 	Units Ordered
	 	Total Cost

	I.	 	Development Software Fees	 	***	 	***	 	***
	I.	 	Program Fee for first Contract Year	 	***	 	***	 	***
	II.	 	Prepaid Sublicense Fees	 	***	 	***	 	***
	III.	 	 	 	***	 	***	 	***
	Total Fees:	 	***

VII.    Permitted Software Sublicenses (functionality delivered to End User) and Associated Royalty Rates  

The
following sublicense types subject to applicable restrictions and associated royalty rates set forth below may be sublicensed to End Users by Partner: 

	(I)

License Name
 
	 	(II)

Description
 
	 	(III)

Discount

Off Local List Price
 

	Restricted Full Use Sublicense	 	***	 	***
	Application Specific Sublicense	 	***	 	***

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

15

 

VIII.    Approved Territory  

The
following is a summary of the geographical and/or market region(s) where Partner may sublicense Hyperion Software to End Users: 

	Territory
 
	 	Restrictions
 

	***	 	***

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

16

  

 
 

EXHIBIT A-1    
    
    RESTRICTED FULL USE SUBLICENSE ROYALTY RATES    
    

	Hyperion Software Product
 
	 	Discount Off Hyperion Local Channel List Price
	 	Global Support Plan

	Hyperion Essbase Classic	 	 	 	***
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Essbase Classic Concurrent	
 	

 	
 	

***
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Essbase Classic Development Server	
 	

 	
 	

***
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Essbase Options	
 	

 	
 	

***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Personal Essbase	
 	

 	
 	

***
	***	 	***	 	 
	
Essbase XTD Spreadsheet Services	
 	

 	
 	

***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	Hyperion Analyzer	 	 	 	***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

17

 

	Hyperion Software Product
 
	 	Discount Off Hyperion Local Channel List Price
	 	Global Support Plan

	Hyperion Application Builder	 	 	 	***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Reports	
 	

 	
 	

***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Planning	
 	

 	
 	

***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Planning Development Server	
 	

 	
 	

***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Planning Migration Package	
 	

***	
 	

***
	
Hyperion Pillar	
 	

 	
 	

***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Application Link	
 	

 	
 	

***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	Hyperion Enterprise	 	 	 	***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

18

 

	Hyperion Software Product
 
	 	Discount Off Hyperion Local Channel List Price
	 	Global Support Plan

	Hyperion Business Modeling	 	 	 	***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Financial Management	
 	

 	
 	

***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Performance Scorecard	
 	

***	
 	

***
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	***	 	***	 	 
	
Hyperion Computer Based Training	
 	

 	
 	

 
	***	 	***	 	***
	***	 	***	 	***
	***	 	***	 	***
	***	 	***	 	***
	***	 	***	 	***
	***	 	***	 	***

Global Support Plan is defined in Exhibit A-2.  

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

19

  

 
 

EXHIBIT A-2    
    
    GLOBAL SUPPORT PLAN AND ROYALTY RATES    
    

Support
Options: 

	Global Support Plan
 
	 	Partner Support

Responsibilities
	 	Hyperion Support

Responsibilities
	 	Partner

Support Rate/End User Support

Fees

	***	 	***	 	***	 	***
	***	 	***	 	***	 	***
	***	 	***	 	***	 	***

Support Escalation When Partner Subcontracts Hyperion (Plan D):  

***

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

20

  

 
 

EXHIBIT B    
    
    Partner Product Description    
    

Partner Product Name(s) & Description(s):  

(Describe
each Hyperion Essbase value-added Partner software application.) 

Use of Hyperion Essbase:  

(Describe
how Hyperion Essbase will be used in or with Partner's software application.) 

Contractual Restrictions:  

In
accordance with the terms of Section 2(b) of the Agreement, when Software is distributed as part of the Partner Product, Partner must include language in any sublicense agreement with an End
User that is substantially similar to the following: 

"HYPERION
ESSBASE SOFTWARE PROVIDED WITH [LAWSON APPLICATION SOFTWARE NAME] IS LIMITED TO USE ONLY WITH THIS [LAWSON APPLICATION SOFTWARE NAME]. WITHOUT
LIMITING THE FOREGOING, LICENSEE MAY NOT USE THE HYPERION ESSBASE SOFTWARE OR ANY OTHER THIRD PARTY PROGRAMMING LANGUAGE TOOLS OR PRODUCTS TO CREATE ADDITIONAL APPLICATIONS DESIGNED TO BE USED WITH
HYPERION ESSBASE SOFTWARE." 

List application front end to be used:  

21

  

 
 

EXHIBIT C    
    
    PARTNER SUPPORT    
    

1.     PARTNER SUPPORT  

        (a)    Summary.    In consideration of the Program Fee described in Exhibit A, Hyperion
will provide Partner Support Services to Partner, which include telephone support and Software product maintenance as described herein. The maintenance phase for a Software product version begins upon
the general commercial shipment date and continues until such version is retired as described below. All Software Updates or maintenance releases provided to Partner shall be governed by the terms of
the Agreement. Hyperion may change the services included in Partner Support Services at any time, effective as of the commencement of any renewal period. 

        (b)    Supported Versions.    *** 

                 Exclusions.    *** 

2.     TELEPHONE SUPPORT SERVICES  

        (a)    Staffing.    *** 

        (b)    Partner Contacts.    *** 

        (c)    Telephone Assistance not Adequate.    *** 

3.     SOFTWARE PRODUCT MAINTENANCE  

        (a)    Bug Fixes.    *** 

        (b)    Updates.    *** 

        (c)    Problems Not Classified as Bugs.    *** 

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

22

  

 
 

EXHIBIT D    
    
    HYPERION SOLUTIONS CORPORATION
  SOFTWARE LICENSE AND SERVICES AGREEMENT
  [including Copy and Use Schedule]
  [Attach Agreement]    
    

NOTE! Not all products or combinations seen in the Copy and Use Schedule may be available to Partner for marketing, distribution or sublicense. Partner may market, distribute
or sublicense only those products specifically listed in this Agreement.

23

  

 
 

EXHIBIT E    
    
    ROYALTY REPORT FORM    
    
    [Attach Form]    
    

24

  

 
 

EXHIBIT F    
    
    ADDENDUM FOR THIRD PARTY BENEFICIARY RIGHTS TO SOURCE CODE
  SOFTWARE SOURCE CODE ESCROW AGREEMENT ACKNOWLEDGMENT    
    

The
undersigned Beneficiary by signing below hereby acknowledges, accepts, and agrees to be bound by the terms of the Software Source Code Escrow Agreement by and between ***, as Escrow Agent, and
Hyperion Solutions Corporation (the successor in interest to Hyperion Software Operations Inc.), a Delaware corporation, as Depositor, *** (hereinafter, the "Escrow Agreement") and by the terms
of the [First, Second, etc.] Amendment of the Independent Software Vendor Partner Agreement by and between Hyperion Solutions Corporation and Beneficiary, dated    ,
in consideration of the right to receive a copy of the deposited Source Materials specified below under the terms of such Escrow Agreement and as a Beneficiary thereunder. If the Beneficiary requests
a release of any Source Material pursuant to the Escrow Agreement, it shall pay ***'s then-current charge for Source Material release requested by a Beneficiary. If the Source Material is
released to Beneficiary, Beneficiary agrees to use it only for maintenance and support purposes and to utilize strict security measures to keep it confidential. 

Beneficiary
shall pay Hyperion an annual fee of *** per product licensed by Beneficiary as indicated in the Acknowledgment below. Beneficiary shall be invoiced annually for this fee. Beneficiary shall
not be entitled to receive the benefits under the Escrow Agreement unless the Beneficiary has paid for and is current in payment of such annual fees and has paid for and is current in payment of
maintenance fees for the Software. The Beneficiary indicated below (as specified under "NOTICES TO: BENEFICIARY") will be Beneficiary's sole recipient of (a) any notices with respect to the
Source Material and (b) the Source Material in the event of a release. 

NOTICES TO:  

	DEPOSITOR:	 	ESCROW AGENT:	 	BENEFICIARY:
	

Hyperion Solutions Corporation	
 	

***	
 	

Lawson Software, Inc.
	1344 Crossman Drive	 	***	 	380 St. Peter Street
	Sunnyvale, CA 94089	 	***	 	St. Paul, MN 55102
	 	 	Attn: ***	 	Attn.: Accounting
	 	 	Phone: ***	 	 
	 	 	Fax: ***	 	BILL ANNUAL FEE TO:

ACKNOWLEDGMENT:  

	Acceptance of Acknowledgment:	 	Acceptance of Acknowledgment:
	Hyperion Solutions Corporation	 	Lawson Software
	

Signature:	
 	

 
	
 	

Signature:	
 	

 

	

Name:	
 	

 
	
 	

Name:	
 	

 

	

Title:	
 	

 
	
 	

Title:	
 	

 

	

Date:	
 	

 
	
 	

Date:	
 	

 

	

SOURCE MATERIAL DEPOSIT	
 	

 	
 	

 
	

 	
 	

 	
 	

***

***

***	
 	

 	
 	

 
	 	

ANNUAL FEE	
 	

$	
 	

 	
 	

 

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

25

  

 
 

EXHIBIT G    
    
    PARTNER ORDER FORM    
    
    [Insert Form]    
    

26

  

 
 

EXHIBIT H    
    
    DISALLOWED CUSTOMERS    
    
    (Effective June 2003)    
    
    ***    
    

	
***
	Denotes
confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and
Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934. 

27

QuickLinks

EXHIBIT A Business Term Summary

EXHIBIT A-1 RESTRICTED FULL USE SUBLICENSE ROYALTY RATES

EXHIBIT A-2 GLOBAL SUPPORT PLAN AND ROYALTY RATES

EXHIBIT B Partner Product Description

EXHIBIT C PARTNER SUPPORT

EXHIBIT D HYPERION SOLUTIONS CORPORATION SOFTWARE LICENSE AND SERVICES AGREEMENT [including Copy and Use Schedule] [Attach Agreement]

EXHIBIT E ROYALTY REPORT FORM [Attach Form]

EXHIBIT F ADDENDUM FOR THIRD PARTY BENEFICIARY RIGHTS TO SOURCE CODE SOFTWARE SOURCE CODE ESCROW AGREEMENT ACKNOWLEDGMENT

EXHIBIT G PARTNER ORDER FORM [Insert Form]

EXHIBIT H DISALLOWED CUSTOMERS (Effective June 2003)QuickLinks
 -- Click here to rapidly navigate through this document
  

Exhibit 10.7  

 
 

STOCK PURCHASE WARRANT    
    

        THIS WARRANT AND THE SHARES ISSUABLE UPON THE EXERCISE OF THIS WARRANT HAVE BEEN ACQUIRED SOLELY FOR INVESTMENT AND HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR ANY STATE SECURITIES LAWS. SUCH SECURITIES MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED IN
THE ABSENCE OF SUCH REGISTRATION, AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF SUCH ACT AND STATE SECURITIES LAWS OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT SUCH SALE,
OFFER, PLEDGE OR HYPOTHECATION IS EXEMPT FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF THE ACT AND OF ANY APPLICABLE STATE SECURITIES LAWS.

Void
after January 28, 2004 

No. 2000-1A  

LAWSON SOFTWARE, INC.  

(successor to Lawson Associates, Inc.) 

        THIS
CERTIFIES THAT, for value received The Convertible Fund Offshore Ltd. (the "Holder") is entitled, subject to the terms set forth below, to purchase from Lawson
Software, Inc., a Delaware corporation and successor of Lawson Associates, Inc., a Minnesota corporation (the "Company"), 1,248,300 shares (as adjusted pursuant to Section 5
hereof) of the Company's fully paid and nonassessable Common Stock, par value $0.01 per share (the "Common Stock"), at the exercise price of $4.635905 per share (the "Exercise Price"), subject to
adjustment as provided in Section 5 hereof. This Warrant was originally issued to Hewlett Packard Company ("HP") in connection with the transactions described in Section 1.2 of the
Warrant Purchase Agreement between the Company and HP described therein, dated as of January 28, 2000 (the "Warrant Purchase Agreement"), and amended on December 19, 2000 pursuant to
Amendment No. 1 to Stock Purchase Warrant between the Company and HP. By assignment dated May 20, 2003, HP assigned such amended warrant (which had not previously been exercised) to the
Holder and the Company reissued such warrant to Holder on May 20, 2003 as evidenced by this Warrant. This Warrant reflects all stock splits made effective by the Company from January 28,
2000 through May 20, 2003. The holder of this Warrant is subject to certain restrictions set forth in the Warrant Purchase Agreement and shall be entitled to certain rights and privileges set
forth therein. 

        1.    Exercise Period.    This Warrant shall be exercisable, in whole or in part, commencing on the date of reissuance
to the Holder on May 20, 2003, and shall expire and no longer be exercisable at 5:00 p.m., Minnesota local time, on January 28, 2004. 

        2.    Method of Exercise; Payment.    

        (a)    Cash Exercise.    The purchase rights represented by this Warrant may be exercised by the Holder, in whole or
in part, by the surrender of this Warrant (with the notice of exercise form attached hereto as Attachment A duly executed) at the principal office of
the Company, and by the payment to the Company, by certified, cashier's or other check, of an amount equal to the aggregate Exercise Price for the number of shares of Common Stock being purchased. 

        (b)    Net Issue Exercise.    In lieu of exercising this Warrant pursuant to Section 2(a) above, the Holder may
elect to receive, without the payment by the Holder of any additional consideration, 

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shares
of Common Stock equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such
election, in which event the Company shall issue to the Holder a number of shares of Common Stock of the Company computed using the following formula: 

        X
= Y (A-B)

                      A 

	Where X	 	=	 	the number of shares of Common Stock to be issued to the Holder pursuant to the net issue exercise.
	

Y	
 	

=	
 	

the number of shares in respect of which the net issue exercise is made.
	

A	
 	

=	
 	

the fair market value of one share of Common Stock at the time the net issue exercise is made.
	

B	
 	

=	
 	

the Exercise Price (as adjusted to the date of the net issue exercise).

        (c)    Fair Market Value.    For purposes of Section 2(b), the fair market value of one share of Common Stock
as of a particular date shall be determined as follows: (i) if traded on a securities exchange or through the Nasdaq National Market, the value shall be deemed to be the average of the closing
prices, as quoted in the Central Edition of the Wall Street Journal, of the securities on such exchange over the ten (10) trading day period
ending three (3) trading days prior to the net issue exercise election; (ii) if traded over-the-counter, the value shall be deemed to be the average of the
closing bid or sale prices (whichever is applicable), as quoted in the Central Edition of the Wall Street Journal, over the ten (10) trading day
period ending three (3) trading days prior to the net exercise; and
(iii) if there is no active public market, the value shall be the fair market value thereof, as determined in good faith by the Board of Directors of the Company. 

        (d)    Stock Certificates.    This Warrant shall be deemed to have been exercised immediately prior to the close of
business on the date of surrender for exercise as provided above, and the person entitled to receive the shares of Common Stock issuable upon exercise shall be treated for all purposes as the holder
of record of such shares as of the close of business on such date. In the event of any exercise of purchase rights represented by this Warrant, certificates for the number of shares of Common Stock so
purchased shall be delivered to the Holder as soon as practicable thereafter, and in any event within thirty (30) days of the delivery of the exercise notice, and, unless this Warrant has been
fully exercised or has expired, a new Warrant representing the shares with respect to which this Warrant shall not have been exercised shall also be issued to the Holder within such time. 

        3.    Loss, Theft, Destruction or Mutilation of Warrant.    Upon receipt by the Company of evidence reasonably
satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and in case of loss, theft or destruction, of indemnity reasonably satisfactory to it, and upon reimbursement to the
Company of all reasonable expenses incidental thereto, and upon surrender and cancellation of this Warrant, if mutilated, the Company will make and deliver a new Warrant of like tenor and dated as of
such cancellation, in lieu of this Warrant. 

        4.    Stock Fully Paid; Reservation of Shares.    All of the Common Stock issuable upon the exercise of the rights
represented by this Warrant will, upon issuance and receipt of the Exercise Price therefor, be duly and validly issued, fully paid and nonassessable, and free from all taxes, liens and charges with
respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance a
sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant. 

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        5.    Adjustment of Exercise Price and Number of Shares.    

        (a)   In
the event that the Company shall at any time prior to the expiration of this Warrant subdivide the outstanding shares of Common Stock or shall issue a stock dividend
on its outstanding shares of Common Stock payable in shares of Common Stock, then the number of shares of Common Stock issuable upon exercise of this Warrant immediately prior to such subdivision or
to the issuance of such stock dividend shall be proportionately increased, and the Exercise Price shall be proportionately decreased, and in the event that the Company shall at any time combine the
outstanding shares of Common Stock then the number of shares of Common Stock issuable upon exercise of this Warrant immediately prior to such combination shall be proportionately decreased, and the
Exercise Price shall
be proportionately increased, effective at the close of business on the date of such subdivision, stock dividend or combination, as the case may be. 

        (b)   In
the case of any reclassification, recapitalization or change in the Common Stock (other than any action for which adjustment is made pursuant to Section 5(a)
hereof), the Company shall execute a new warrant providing that the Holder of this Warrant shall have the right to exercise such new warrant and to procure upon such exercise and payment of the same
aggregate Exercise Price, in lieu of the shares of Common Stock theretofore exercisable upon exercise of this Warrant, the kind and amount of shares, other securities, money or property receivable
upon such reclassification, recapitalization or change of the Common Stock. In any such case appropriate provisions shall be made with respect to the rights and interest of the Holder so that the
provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the
purchase price per share payable hereunder, provided the aggregate purchase price shall remain the same. 

        (c)   No
adjustment on account of cash dividends shall be made to the Exercise Price under this Warrant. 

        (d)       (i) If
at any time prior to the expiration of this Warrant the Company shall issue any Common Stock or securities exercisable for or convertible
into Common Stock without consideration or for a consideration per share less than the Exercise Price in effect immediately prior to the issuance of such Common Stock (excluding stock dividends,
subdivisions, split-ups, combinations, dividends or recapitalizations which are covered by Sections 5(a) and (b)), the Exercise Price in effect after each such issuance shall thereafter
(except as provided in this Section 5(d)) be adjusted to a price equal to the quotient obtained by dividing: 

        (A)  an
amount equal to the sum of 

        (1)   the
total number of shares of Common Stock outstanding (including any shares of Common Stock issuable upon exercise of this Warrant or deemed to have been issued
pursuant to subdivision (ii) (C) of this clause (d) below) immediately prior to such issuance multiplied by the Exercise Price in effect immediately prior to such issuance, plus 

        (2)   the
consideration received by the Company upon such issuance, by 

        (B)  the
total number of shares of Common Stock outstanding (including any shares of Common Stock issuable upon exercise of this Warrant or deemed to have been issued
pursuant to subdivision (ii) (C) of this clause (d) below) immediately prior to such issuance plus the additional shares of Common Stock or securities exercisable for or
convertible into Common Stock issued in such issuance (but not including any additional shares of Common Stock deemed to be issued as a result of any adjustment in the Exercise Price resulting from
such issuance). 

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        (ii)   For
purposes of any adjustment of the Exercise Price pursuant to this clause (d), the following provisions shall be applicable: 

        (A)  In
the case of the issuance of Common Stock for cash, the consideration shall be deemed to be the amount of cash paid therefor after deducting any discounts, commissions
or fees paid or incurred by the Company in connection with the issuance and sale thereof. 

        (B)  In
the case of the issuance of Common Stock for a consideration in whole or in part other than cash, the consideration other than cash shall be deemed to be the fair
market value thereof as determined by the Board of Directors of the Company, irrespective of any accounting treatment; provided, however, that if, at the time of such determination, the Company's
Common Stock is traded in the over-the-counter market or on a national or regional securities exchange, such fair market value as determined by the Board of Directors of the
Company shall not exceed the aggregate fair market value of the shares of Common Stock being issued as determined in accordance with the procedures set forth in Section 2(c) hereof. 

        (C)  In
the case of the issuance of (1) options to purchase or rights to subscribe for Common Stock, (2) securities by their terms convertible into or
exchangeable for Common Stock, or (3) options to purchase or rights to subscribe for such convertible or exchangeable securities: 

        (w)  the
aggregate maximum number of shares of Common Stock deliverable upon exercise of such options to purchase or rights to subscribe for Common Stock shall be deemed to
have been issued at the time such options or rights were issued and for a consideration equal to the consideration (determined in the manner provided in subdivisions (A) and (B) above),
if any, received by the Company upon the issuance of such options or rights plus the minimum purchase price provided in such options or rights for the Common Stock covered thereby; 

        (x)   the
aggregate maximum number of shares of Common Stock deliverable upon conversion of or in exchange for any such convertible or exchangeable securities or upon the
exercise of options to purchase or rights to subscribe for such convertible or exchangeable securities and subsequent
conversion or exchange thereof, shall be deemed to have been issued at the time such securities were issued or such options or rights were issued and for consideration equal to the consideration
received by the Company for any such securities and related options or rights (excluding any cash received on account of accrued interest or accrued dividends), plus the minimum additional
consideration, if any, to be received by the Company upon the conversion or exchange of such securities or the exercise of any related options or rights (the consideration in each case to be
determined in the manner provided in subdivisions (A) and (B) above); 

        (y)   on
any change in the number of shares of Common Stock deliverable upon exercise of any such options or rights or conversion of or exchange for such convertible or
exchangeable securities, or on any change in the minimum purchase price of such options, rights or securities, other than a change resulting from the antidilution provisions of such options, rights or
securities, the Exercise Price shall forthwith be readjusted to such Exercise Price as would have obtained had the adjustment made upon the issuance of such options, right or securities not exercised,
converted or exchanged prior to such change, as the case may be, been made upon the basis of such change; and 

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        (z)   on
the expiration of any such options or rights, the termination of any such rights to convert or exchange or the expiration of any options or rights related to such
convertible or exchangeable securities, the Exercise Price shall forthwith be readjusted to such Exercise Price as would have obtained had the adjustment made upon the issuance of such options,
rights, convertible or exchangeable securities or options or rights related to such convertible or exchangeable securities, as the case may be, been made upon the basis of the issuance of only the
number of shares of Common Stock actually issued upon the exercise of such options or rights, upon the conversion or exchange of such convertible or exchangeable securities or upon the exercise of the
options or rights related to such convertible or exchangeable securities, as the case may be. 

        (iii)  Anything
herein to the contrary notwithstanding, the Company shall not be required to make any adjustments to the Exercise Price upon the occurrence of any of the
following events: 

        (A)  the
issuance of Common Stock upon conversion of warrants, options or other instruments or securities directly or indirectly convertible or exchangeable for Common Stock
outstanding on the date of this Warrant; 

        (B)  the
issuance of shares of Common Stock upon exercise of options granted or to be granted by the Company to employees, officers, consultants and directors of the Company; 

        (C)  the
issuance of shares of Common Stock in accordance with the terms and conditions of the Company's employee stock ownership plan; or 

        (D)  the
issuance of securities exercisable for or convertible into Common Stock in the transaction disclosed on Exhibit B to the Warrant Purchase Agreement. 

        (e)   If
at any time while this Warrant, or any portion hereof, is outstanding and unexpired there shall be (i) a reorganization (other than a combination,
reclassification, exchange or subdivision of shares otherwise provided for herein), (ii) a merger or consolidation of the Company with or into another corporation in which the Company is not
the surviving entity, or a reverse triangular merger in which the Company is the surviving entity but the shares of the Company's capital stock outstanding immediately prior to the merger are
converted by virtue of the merger into other property, whether in the form of securities, cash, or otherwise, or (iii) a sale or transfer of the Company's properties and assets as, or
substantially as, an entirety to any other person, then, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the holder of this Warrant
shall thereafter be entitled to receive upon exercise of this Warrant, during the period specified herein and upon payment of the Exercise Price then in effect, the number of shares of stock or other
securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon exercise of this Warrant
would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation,
sale or transfer, all subject to further adjustment as provided in this Section 5. The foregoing provisions of this Section 5(e) shall similarly apply to successive reorganizations,
consolidations, mergers, sales and transfers and to the stock or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. 

        6.    Notice of Adjustments.    Whenever the number of shares of Common Stock purchasable hereunder or the Exercise
Price thereof shall be adjusted pursuant to Section 5 hereof, the Company shall provide notice to the Holder setting forth, in reasonable detail, the event requiring the 

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adjustment,
the amount of the adjustment, the method by which such adjustment was calculated, and the number of shares of Common Stock which may be purchased and the Exercise Price therefor after
giving effect to such adjustment. 

        7.    Fractional Shares.    This Warrant may not be exercised for fractional shares. In lieu of such fractional shares
the Company shall make a cash payment therefor on the basis of the Exercise Price then in effect. 

        8.    Charges, Taxes and Expenses.    Issuance of certificates for shares of Common Stock upon the exercise of this
Warrant shall be made without charge to the holder hereof for any issue or transfer tax or other
incidental expense in respect of the issuance of such certificate, all of which taxes and expenses shall be paid by the Company, and such certificates shall be issued in the name of the holder of this
Warrant. 

        9.    Representations of the Company.    The Company represents that all corporate actions on the part of the Company,
its officers, directors and shareholders necessary for the sale and issuance of shares of Common Stock and the performance of the Company's obligations hereunder were taken prior to and are effective
as of the effective date of this Warrant. 

        10.    Restrictive Legend.    The Common Stock issuable on exercise of this Warrant shall (unless registered under the
Act) be stamped or imprinted with a legend in substantially the following form: 

"THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"). THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF A REGISTRATION
STATEMENT IN EFFECT WITH RESPECT TO THE SECURITIES UNDER SUCH ACT, AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF SUCH ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT SUCH
REGISTRATION IS NOT REQUIRED OR UNLESS SOLD PURSUANT TO RULE 144 OF SUCH ACT. THESE SECURITIES MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF THE WARRANT DATED MAY 20, 2003 PURSUANT TO WHICH
THE SECURITIES WERE ISSUED AND A WARRANT PURCHASE AGREEMENT, DATED JANUARY 28, 2000, COPIES OF WHICH ARE ON FILE WITH THE SECRETARY OF THE COMPANY." 

        11.    Restrictions Upon Transfer and Removal of Legend.    The Company need not register a transfer of this Warrant
or shares of Common Stock issued on exercise of this Warrant bearing the restrictive legend set forth in Section 9 hereof, unless the conditions specified in such legend are satisfied. The
Company may also instruct its transfer agent not to register the transfer of the Shares unless one of the conditions specified in the legend referred to in Section 9 hereof is satisfied. 

        12.    No Rights as Stockholders.    This Warrant does not entitle the Holder to any additional voting rights or other
rights as a stockholder of the Company prior to the exercise of the Warrants. 

        13.    Notices.    All notices and other communications required or permitted hereunder shall be in writing, shall be
effective when given, and shall in any event be deemed to be given upon receipt or, if earlier, (a) five (5) days after deposit with the U.S. Postal Service or other applicable postal
service, (b) upon delivery, if delivered by hand, (c) two (2) business days after the business day of deposit with Federal Express or similar overnight courier, freight prepaid or
(d) one (1) business day after the business day of facsimile transmission, if delivered by facsimile transmission with copy by first class mail, postage prepaid, and shall be addressed
(i) if to the Holder, at the Holder's address as provided to the Company, and (ii) if to the Company, at the address of its principal corporate offices (attention: Bruce McPheeters,
Senior Vice President, Secretary and Corporate Counsel), or at such other address as the Company shall have furnished to the other parties hereto in writing. 

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        14.    Amendments and Waivers.    Any term of this Warrant may be amended and the observance of any term of this
Warrant may be waived (either generally or in a particular instance and either retroactively or prospectively), with the written consent of the Company and the Holder. 

        15.    Attorneys' Fees.    If any action of law or equity is necessary to enforce or interpret the terms of this
Warrant, the prevailing party shall be entitled to its reasonable attorneys' fees, costs and disbursements in addition to any other relief to which it may be entitled. 

        16.    Headings.    The section and subsection headings of this Warrant are inserted for convenience only and shall
not constitute a part of this Warrant in construing or interpreting any provision hereof. 

        17.    Governing Law.    This Warrant and all actions arising out of or in connection with this Agreement shall be
governed by and construed in accordance with the laws of the State of Minnesota without regard to conflicts of law provisions. 

        18.    Assignment.    This Warrant and the rights represented by this Warrant may not be transferred, assigned or
pledged, in whole or in part, without the prior written consent of the Company, except that a transfer from the Holder to any other entity which controls, is controlled by or is under common control
with the Holder, may be effected by delivery by the Holder of a form of transfer attached hereto as Attachment B duly executed to the principal office
of the Company. The transfer shall be recorded on the books of the Company upon the surrender of this Warrant, properly endorsed, to the Company at its principal offices. In the event of a partial
transfer, the Company shall issue to the holders one or more appropriate new warrants. 

        19.    Successors and Assigns.    The terms and provisions of this Warrant and the Warrant Purchase Agreement shall
inure to the benefit of, and be binding upon, the Company and the Holders hereof and their respective successors and permitted assigns. 

        20.    Entire Agreement.    This Warrant constitutes the entire agreement among the parties hereto and supersedes in
its entirety any prior agreements, whether written or oral, among the parties hereto with respect to the subject matter hereof. 

Re-Issued
(upon assignment) this 20th day of May, 2003 

	 	 	LAWSON SOFTWARE, INC.
	

 	
 	

 	

 
	

 	
 	

By:	

/s/  BRUCE B. MCPHEETERS      
 Its: Senior Vice President

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ATTACHMENT A    
    
    NOTICE OF EXERCISE    
    

TO:
LAWSON SOFTWARE, INC. 

        Attention:
President 

        1.     The
undersigned hereby elects to purchase                        shares of Common Stock, par value
$            per share ("Common Stock"), of LAWSON SOFTWARE, INC.
(the "Company") pursuant to the terms of the attached Warrant. 

        2.     Method
of Exercise (Please initial the applicable blank): 

	__
	The
undersigned elects to exercise the attached Warrant by means of a cash payment, and tenders herewith payment in full for the purchase price of the shares being purchased, together
with all applicable transfer taxes, if any.

	__
	The
undersigned elects to exercise the attached Warrant by means of the net issuance exercise provisions of Section 2(b) of the Warrant. 

        3.     Please
issue a certificate or certificates representing said shares of Common Stock in the name of the undersigned or in such other name as is specified below: 

	 	 	
 (Name)	 	 
	

 	
 	

	
 	

 
	

 	
 	

 (Address)	
 	

 

        4.     The
undersigned hereby represents and warrants as follows: 

        (a)   The
shares of Common Stock being acquired hereby are being acquired for the account of the undersigned for investment and not with a view to, or for resale, in
connection with the distribution thereof, and that the undersigned has no present intention of distributing or reselling such shares. 

        (b)   The
undersigned is aware of the Company's business affairs and financial condition, and has acquired sufficient information about the Company to reach an informed and
knowledgeable decision to acquire such shares. The undersigned is purchasing such shares for the undersigned's own account for investment purposes only and not with a view to, or for the resale in
connection with, any "distribution" thereof for purposes of the Securities Act of 1933, as amended (the "Act"). 

        (c)   The
undersigned understands that the shares of Common Stock being acquired hereby have not been registered under the Act in reliance upon a specific exemption therefrom,
which exemption depends upon, among other things, the bona fide nature of its investment intent as expressed herein. In this connection, the undersigned understands that, in the view of the Securities
and Exchange Commission (the "SEC"), the statutory basis for such exemption may be unavailable if its representation was predicated solely upon a present intention to hold such shares for the minimum
capital gains period specified under tax statutes, for a deferred sale, for or until an increase or decrease in the market price of such shares, or for a period of one year or any other fixed period
in the future. 

        (d)   The
undersigned further understands that the shares of Common Stock must be held indefinitely unless subsequently registered under the Act or unless an exemption from
registration is otherwise available. In addition, the undersigned understands that the certificate evidencing such 

8

 

shares
will be imprinted with a legend which prohibits the transfer of such shares unless they are registered or an exemption from registration is available. 

        (e)   The
undersigned is familiar with the provisions of Rule 144, promulgated under the Act, which, in substance, permits limited public resale of "restricted
securities" acquired, directly or indirectly, from the issuer thereof, in a non-public offering subject to the satisfaction of certain conditions. The shares of Common Stock may be resold
in certain limited circumstances subject to the provisions of Rule 144. 

        (f)    The
undersigned agrees, in connection with the Company's initial public offering of the Company's securities, (i) not to sell, make short sales of, loan, grant
any options for the purchase of, or otherwise dispose of any shares of Common Stock held by the undersigned (other than those shares included in the registration) without the prior written consent of
the Company or the underwriters managing such initial underwritten public offering of the Company's securities for one hundred eighty (180) days from the effective date of such registration and
(ii) further agrees to execute any agreement reflecting (i) above as may be requested by the underwriters at the time of the public offering; provided that every executive officer,
director and holder of five percent (5%) or more of the outstanding shares of capital stock of the Company (excluding the Company's employee stock ownership plan) shall have entered substantially
similar restrictions on disposition of their shares of capital stock held at the time of the initial public offering. 

        (g)   The
undersigned further understands that in the event all of the applicable requirements of Rule 144 are not satisfied, registration under the Act, compliance
with a registration exemption will be required; and that, notwithstanding the fact that Rule 144 is not exclusive, the Staff of the SEC has expressed its opinion that persons proposing to sell
private placement securities other than in a registered offering and otherwise than pursuant to Rule 144 will have a substantial burden of proof in establishing that an exemption from
registration is available for such offers or sales, and that such persons and their respective brokers who participate in such transactions do so at their own risk. 

	

 	
 	

By:	

 
	 	 	 	

	 	 	Title:	 
	 	 	 	

	 	 	Date:	 
	 	 	 	

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ATTACHMENT B    
    
    FORM OF TRANSFER    
    
    (To be signed only upon transfer of Warrant)    

        FOR
VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto                        the right represented by the
attached Warrant to purchase                        shares of the
Common Stock, par value $            per share of Lawson Software, Inc. to which the attached Warrant relates, and
appoints                        Attorney to transfer such right on the books of
Lawson Software, Inc. with full power of substitution in the premises. 

        Dated:

	 	 	(Signature must conform in all respects to the name of the Holder as specified on the face of the Warrant)
	

 	
 	

 
	

 	
 	

(Address)
	

WITNESS:	
 	

 
	

	
 	

 
	

	
 	

 
	Print/Type Name

	 	 

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QuickLinks

STOCK PURCHASE WARRANT

ATTACHMENT A NOTICE OF EXERCISE

ATTACHMENT B FORM OF TRANSFER (To be signed only upon transfer of Warrant)

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