Document:

Endorsement, dated March 28, 2007 between the Company and John J. Laskey

 EXHIBIT 10.2 
 ENDORSEMENT 
 I, John J. Laskey, hereby acknowledge that I was given 21 days to consider the
foregoing Employment Separation and General Release Agreement and voluntarily chose to sign the Employment Separation and General Release Agreement prior to the expiration of the 21-day period. 
 I declare under penalty of perjury under the laws of the state of California, that the foregoing is true and correct. 
 EXECUTED this 28th day of March, 2007, at Orange County, California. 
  

			
	 /s/ John J. Laskey
	 	
	John J. LaskeyResignation Letter, dated March 28, 2007

 EXHIBIT 10.3 
 To:     The Board of Directors of MSC.Software Corporation 
 From: John J. Laskey 
 Effective April 16, 2007 I hereby resign my position as Executive Vice President and Chief Financial Officer of MSC.Software Corporation.
Furthermore, effective April 30, 2007 I hereby resign as an employee, officer, director, member, manager (or in any other capacity) of MSC.Software Corporation and each of its affiliates. 
  

			
	 /s/ John L. Laskey
	 	
	John J. Laskey	 	
		
	 March 28, 2007
 Date
	 	

  

 A-1Consulting Agreement, dated as of March 28, 2007

 EXHIBIT 10.4 
 CONSULTING AGREEMENT 
 This Consulting
Agreement (“Consulting Agreement”) is entered into this 28th day of March, 2007(the “Effective
Date”), by and between John J. Laskey, an individual (“Consultant”), and MSC.Software Corporation, a Delaware corporation (“MSC”). 
 WHEREAS, Consultant has been employed as Executive Vice President and Chief Financial Officer of MSC; 
 WHEREAS, Consultant desires to retire from active employment and, accordingly, Consultant and MSC have mutually agreed to terminate Consultant’s employment relationship with MSC pursuant to an Employment Separation and General
Release Agreement of even date herewith (the “Separation Agreement”); and 
 WHEREAS, Consultant is willing to provide
advice to and consult with MSC, on an exclusive basis, as MSC may reasonably request from time to time on matters with which Consultant was familiar and/or about which Consultant acquired knowledge, expertise and/or experience during the time that
Consultant was employed by MSC. 
 NOW, THEREFORE, Consultant and MSC agree as follows: 
 I. Engagement. MSC hereby engages Consultant and Consultant hereby accepts such engagement, upon the terms and conditions hereinafter set
forth, for the period commencing May 1, 2007 and ending on December 31, 2007 unless earlier terminated by mutual agreement of the parties or as provided in Section IV herein (such period is referred to as the “Consulting
Term”). Notwithstanding anything else contained herein to the contrary, this Consulting Agreement shall be null and void if Consultant revokes the Separation Agreement during the seven (7) day period following the execution of that
agreement. 
 II. Service. 
 A. Consultant shall perform consulting services during the Consulting Term which shall include providing advice to and consultation with MSC and such of its affiliates as MSC may reasonably request from time to time on matters with
which Consultant was familiar and/or about which Consultant acquired knowledge, expertise and/or experience during the time that Consultant was employed by MSC. 
 B. Consultant shall report exclusively to the Chief Financial Officer of MSC or his designee (the “CFO”) and, except as expressly authorized by the CFO from time to time, shall not have contact with
any other employee of MSC or its affiliates. Consultant shall provide in writing to and as requested by the CFO a detailed summary of all business contacts involved in any consulting activity performed hereunder and report on services performed.

 C. Consultant will perform consulting services that the CFO requests during the term of this Agreement. Consultant shall attend and
participate in such meetings with MSC employees, consultants (including outside auditors), the Board and/or suppliers as the CFO may reasonably request from time to time. 
 D. Consultant agrees to devote sufficient time and energy to the business of MSC and its affiliates to accomplish the projects assigned by MSC. 
 E. Consultant agrees to honestly and faithfully present and conduct himself at all times during the performance of services for MSC. Consultant
agrees to perform the responsibilities in a diligent, timely, and competent manner. Consultant agrees to truthfully and 

 
faithfully account for and deliver to MSC all property (including, without limitation, monies, materials, securities, etc.) belonging to MSC or any of its
affiliates which Consultant may receive from or on account of MSC or any of its affiliates, and that upon Consultant’s termination or MSC’s demand Consultant will immediately deliver to MSC all such property belonging to MSC or any of its
affiliates. 
 III. Compensation. 
 A. Consulting Fee. As consideration for Consultant’s services during the Consulting Term, MSC shall pay Consultant a monthly consulting fee (the “Consulting Fee”) equal to Fifteen Thousand
Dollars ($15,000). The first month with respect to which the Consulting Fee shall be paid is May, 2007. The last month with respect to which the Consulting Fee shall be paid is the month of December, 2007 in which the Consulting Term
terminates. MSC shall pay the Consulting Fee with respect to any particular month during the Consulting Term no later than ten (10) days following the end of such month. The Consulting Fee shall be prorated for any partial month of
service during the Consulting Term. 
 B. Benefits. Consultant shall not be entitled to participate in any vacation,
medical, retirement, or other fringe benefit of MSC and shall not make claim of entitlement to any such employee program or benefit. 
 IV.
Termination. 
 A. Termination. MSC may terminate Consultant’s engagement at any time, with or without cause,
upon fourteen (14) days’ written notice. 
 B. Obligations of MSC Upon Termination. 
 1. Termination for Cause. If Consultant’s engagement is terminated by MSC for Cause, this Consulting Agreement, save and except Sections VI,
VII, VIII, IX, X, XI and XII, and the Consulting Term shall terminate without further obligations to Consultant under this Consulting Agreement, other than for payment of Consultant’s monthly Consulting Fee through the date of termination to
the extent not theretofore paid (with the Consulting Fee for the month of such termination pro-rated for the number of days in the month completed prior to such termination). For purposes of this Consulting Agreement and except as provided in the
next sentence, “Cause” shall mean any time the MSC Board of Directors determines, based on its reasonable belief at the time based on the information then known to it, that any of the following events or contingencies exists or has
occurred: (i) Consultant has been negligent in the discharge of Consultant’s responsibilities and obligations hereunder; (ii) Consultant has refused to perform Consultant’s responsibilities and obligations hereunder;
(iii) Consultant has failed to perform his responsibilities and obligations hereunder in a reasonably satisfactory manner; (iv) Consultant has been dishonest or committed or engaged in an act of moral turpitude, theft, embezzlement or
fraud, a breach of confidentiality, an unauthorized disclosure or use of inside information, customer lists, trade secrets or other confidential information; or (v) Consultant has breached any of the provisions of any agreement with MSC or any
of its affiliates (including, without limitation, a breach by Consultant of any provision of this Consulting Agreement or the Separation Agreement). For purposes of this Consulting Agreement upon and after the occurrence of a Change in Control
Event (as such term is defined in the MSC.Software Corporation 2001 Stock Option Plan, as amended) of MSC that occurs after the Effective Date, “Cause” shall mean any time the MSC Board of Directors determines, based on its reasonable
belief at the time based on the information then known to it, that any of the following events or contingencies exists or has occurred: (i) Consultant has willfully refused to perform Consultant’s responsibilities and obligations
hereunder; (ii) Consultant has willfully been dishonest or committed or engaged in an act of moral turpitude, theft, 

  

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embezzlement or fraud, a breach of confidentiality, an unauthorized disclosure or use of inside information, customer lists, trade secrets or other
confidential information that, in any event either alone or together, has (or have) a material adverse effect on MSC; or (iii) Consultant has willfully breached any of the provisions of any agreement with MSC or any of its affiliates
(including, without limitation, a breach by Consultant of any provision of this Consulting Agreement or the Separation Agreement) that (alone or together with any other such breaches) has a material adverse effect on MSC. Notwithstanding
anything in the preceding two sentences to the contrary, if Consultant’s conduct or actions (or lack thereof) would otherwise constitute Cause and a cure by Consultant is reasonable in the circumstances, Cause shall not exist for purposes of
this Consulting Agreement unless MSC gives notice to Consultant of the conduct or actions (or lack thereof) at issue and, after a reasonable period of time not to exceed thirty (30) days after the date of such notice, Consultant has failed to
remedy the situation to the reasonable satisfaction of MSC; provided that in the case of any reoccurring conduct or actions (or lack thereof), MSC shall be required to provide only one notice to Consultant of the reoccurring conduct or actions (or
lack thereof) at issue. 
 2. Termination without Cause. If Consultant’s engagement is terminated by MSC without Cause (and other
than due to Consultant’s death), this Consulting Agreement, save and except paragraphs VI, VII, VIII, IX, X, XI and XII , and the Consulting Term shall terminate without further obligations to Consultant under this Consulting Agreement,
other than for payment of Consultant’s monthly Consulting Fee through December 31, 2007. 
 C. Exclusive
Remedy. Consultant agrees that the payments contemplated by this Consulting Agreement shall constitute the exclusive and sole remedy for any termination of his engagement and Consultant covenants not to assert or pursue any other
remedies, at law or in equity, with respect to any termination of the engagement. 
 V. Relationship. Consultant
shall operate at all times as an independent contractor of MSC. This Consulting Agreement does not authorize Consultant to act as an agent of MSC or any of its affiliates or to make commitments on behalf of MSC or any of its
affiliates. Consultant and MSC intend that an independent contractor relationship be created by this Consulting Agreement, and nothing herein shall be construed as creating an employer/employee relationship, partnership, joint venture, or other
business group or concerted action. Consultant at no time shall hold himself out as an agent of MSC or any of its affiliates for any purpose, including reporting to any governmental authority or agency, and shall have no authority to bind MSC
or any of its affiliates to any obligation whatsoever. 
 A. Right to Control. Consultant shall have the right to control and
determine the method and means of performing the above services; MSC shall not have the right to control or determine such method or means, being interested only in the results obtained, and having the general right of inspection and supervision in
order to secure the satisfactory completion of such services. 
 B. Taxes. Consultant and MSC agree that Consultant is not an
employee for state or federal tax purposes. Consultant shall be solely responsible for any taxes due as a result of the payment of the monthly Consulting Fee, and Consultant will defend and indemnify MSC and each of its affiliates from and
against any tax liability that any of them may have with respect to any such payment and against any and all losses or liabilities, including defense costs, arising out of Consultant’s failure to pay any taxes due with respect to any such
payment. If MSC reasonably determines that applicable law requires that taxes should be withheld from any payment of the monthly Consulting Fee, MSC reserves the right to withhold, as legally required, and to notify Consultant accordingly.

  

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 C. Workers’ Compensation and Unemployment Insurance. Consultant is not entitled to
worker’s compensation benefits or unemployment compensation benefits provided by MSC. Consultant shall be solely responsible for the payment of his worker’s compensation, unemployment compensation, and other such payments. MSC will
not pay for worker’s compensation for Consultant. MSC will not contribute to a state unemployment fund for Consultant. MSC will not pay the federal unemployment tax for Consultant. 
 D. Employment Policies Not Applicable. Consultant and MSC agree that Consultant shall not be subject to the provisions of any personnel
policy or rules and regulations applicable to employees, and Consultant shall fulfill his duties independent of and without supervisory control by MSC. 
 VI. Non-competition. 
 A. Consultant agrees that, during the Consulting Term, he will
not, directly or indirectly, without the prior written consent of the CFO, provide consultative service with or without pay, own, manage, operate, join, control, participate in, or be connected as a stockholder, general partner, employee or
otherwise with, any business, individual, partner, firm, corporation, or other entity which is currently or at that particular point in time in competition with (or has plans to engage in business which would be in competition with) the business of
MSC or any of its affiliates. Nothing in this section is intended to prevent Consultant from owning up to one percent (1%) of the publicly traded stock of any company. 
 B. It is expressly agreed that MSC and its affiliates will or would suffer irreparable injury if Consultant were to compete with the business of
any of such entities in violation of this Consulting Agreement and that any such entity would by reason of such competition be entitled to injunctive relief in a court of appropriate jurisdiction. Consultant consents and stipulates to the entry
of such injunctive relief in such a court prohibiting him from competing with MSC or any of its affiliates in violation of this Consulting Agreement. 
 C. For purposes of this Consulting Agreement, a business in competition with MSC or its affiliates will be deemed to include (without limiting any other business in competition with MSC or its affiliates) any
business which is engaged in the development, marketing and/or support of virtual product development tools for the computer-aided engineering marketplace (including, without limitation, simulation software and/o professional services). 

VII. Confidential Information. 
 A. Consultant, in the performance of Consultant’s services on behalf of MSC, may have access to, receive and be entrusted with (and in the past has, in fact, had access to, received and been entrusted with) confidential
information, including but in no way limited to development, marketing, organizational, financial, management, administrative, production, distribution and sales information, data, specifications and processes presently owned or at any time in the
future developed, by MSC or any of its affiliates or its or their agents or consultants, or used presently or at any time in the future in the course of its or their business that is not otherwise part of the public domain (collectively, the
“Confidential Material”). All such Confidential Material is considered secret and, to the extent made available to Consultant, will be available to Consultant in confidence. Except in the performance of services on behalf of MSC
and its affiliates, Consultant shall not, directly or indirectly for any reason whatsoever, disclose or use any such Confidential Material, unless such Confidential Material ceases (through no fault of Consultant’s) to be confidential because
it has become part of the public domain or he is otherwise obligated to disclose such information by the lawful order of any competent jurisdiction. All records, files, drawings, documents, equipment and other tangible items, wherever located,
relating in any way to the Confidential Material or otherwise to the business of MSC or any of its affiliates, which Consultant prepares, uses or encounters, shall be and remain the sole and exclusive property of such entity or entities and shall be
included in the Confidential Material. Upon the termination or expiration, as applicable, of the 

  

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Consulting Term, or whenever requested by MSC, Consultant shall promptly deliver to MSC any and all of the Confidential Material, not previously delivered to
MSC, that may be or at any previous time has been in Consultant’s possession or under Consultant’s control. 
 B. Consultant
hereby acknowledges that the sale or unauthorized use or disclosure of any of the Confidential Material by any means whatsoever and any time before, during or after Consultant’s engagement with MSC shall constitute “Unfair
Competition.” Consultant agrees that Consultant shall not engage in Unfair Competition either during the time engaged by MSC or any time thereafter. 
 VIII. Soliciting Customers. Consultant promises and agrees that he will not, during the Consulting Term and for a period of one year following the termination or expiration, as applicable, of
the Consulting Term, influence or attempt to influence any customers of MSC or any of its affiliates, either directly or indirectly, to divert their business to any individual, partnership, firm, corporation or other entity which is currently or at
that particular point in time in competition with (or has plans to engage in business which would be in competition with) the business of MSC or any of its affiliates. Consultant acknowledges that during his engagement with MSC, he will be
given access to Confidential Material of MSC and its affiliates (and in the past has, in fact, had access to, received and been entrusted with Confidential Material), and that such Confidential Material constitutes MSC’s trade
secrets. Consultant acknowledges and agrees that this restriction is necessary in order for MSC and its affiliates to preserve and protect their legitimate proprietary interest in the Confidential Material and trade secrets. 
 IX. Soliciting Employees. Consultant promises and agrees that he will not, during the Consulting Term and for a period of one
year following the termination or expiration, as applicable, of the Consulting Term, directly or indirectly solicit any employee of any MSC or any of its affiliates who earned annually $25,000 or more as an employee of such entity during the last
six months of his or her own employment to work for any business, individual, partnership, firm, or corporation. 
 X.
Ownership. Consultant agrees that any software, hardware, equipment, or records, including all copies or extracts of them which Consultant prepares, uses or sees during the Consulting Term in relation to the performance of services
hereunder shall be and remain the sole property of MSC (or, if applicable, any affiliate of MSC). 
 A. Ownership of
Copyrights. Consultant agrees that any work product, documentation, and improvements made by Consultant during the term of this Consulting Agreement that relate to the business activities of MSC belong exclusively to MSC as works made for
hire under the U.S. Copyright Law when such work is within the scope of the services to be performed under this Consulting Agreement or if they were created using any of MSC’s facilities or resources. 
 B. Invention Assignment. Consultant agrees, without further compensation or consideration, to disclose promptly to MSC any and all
inventions, improvements, data, processes, products, and computer software (hereafter “matters subject to disclosure”) which, during the term of this Consulting Agreement, Consultant may conceive, make, develop, or work on, in whole or in
part, solely or jointly with others, whether or not during regular working hours, and which relate to the actual or anticipated business, research, and/or development of MSC or any of its affiliates, or which result from tasks assigned to Consultant
by MSC or its affiliates. 
 1. Consultant agrees that all matters subject to disclosure, together with all related rights (such as patents,
trademarks, copyrights, designs, and trade secrets), shall be the property of MSC. 
 2. Consultant will, without further compensation or
consideration, assign any and all worldwide rights in and to the matters subject to disclosure to MSC and assist MSC in every proper way including, without limitation. 
  

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 a. The execution of any and all papers, applications for patents, and assignments to MSC. 
 b. The making and keeping of proper records. 
 c. The giving of evidence and testimony. 
 3. Consultant will do all of the above, and whatever else is necessary, to assist MSC in
obtaining patent, copyright, trademark, or trade secret protection in all countries, and to perfect MSC’s ownership of the matters subject to disclosure. MSC agrees to pay all reasonable expenses incurred by Consultant in providing this
assistance. 
 4. Consultant’s obligation to assign inventions shall not apply to inventions, improvements, or discoveries listed below,
patented or unpatented, which Consultant developed and owned prior to the Effective Date of this Consulting Agreement (if “None,” so state in Consultant’s handwriting): 
 XI. Freedom to Enter Agreement. Consultant represents and warrants that Consultant is free to enter into this Consulting Agreement and
to perform each of its terms and covenants. Consultant’s execution and performance of this Consulting Agreement is not a violation or breach of any other agreement between Consultant and any other person or entity. 
 XII. Miscellaneous. 
 A.
Successors. 
 1. This Consulting Agreement is personal to Consultant and shall not, without the prior written consent of MSC, be
assignable by Consultant. 
 2. This Consulting Agreement shall inure to the benefit of and be binding upon MSC and its respective successors
and assigns and any such successor or assignee shall be deemed substituted for MSC under the terms of this Consulting Agreement for all purposes. As used herein, “successor” and “assignee” shall include any person, firm,
corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly or indirectly acquires the ownership of MSC or to which MSC assigns this Consulting Agreement by operation of law or otherwise. 
 B. Waiver. No waiver of any breach of any term or provision of this Consulting Agreement shall be construed to be, nor shall be, a
waiver of any other breach of this Consulting Agreement. No waiver shall be binding unless in writing and signed by the party waiving the breach. 
 C. Modification. This Consulting Agreement may not be amended or modified other than by a written agreement executed by Consultant and the CEO. 
 D. Complete Agreement. This Consulting Agreement and the Separation Agreement constitute and contain the entire agreement and final
understanding concerning Consultant’s relationship with MSC and its affiliates and the other subject matters addressed herein between the parties, and supersedes and replaces all prior negotiations and all agreements proposed or otherwise,
whether written or oral, concerning the subject matters hereof. The Employee Confidentiality and Inventions Agreement by and between Consultant and MSC and entered into on or about October 18, 2004 (the “Confidentiality
Agreement”) is outside of the scope of the preceding sentence and shall continue in effect in accordance with its terms. Any representation, promise or agreement not specifically included in this Consulting Agreement, the Separation
Agreement or the 

  

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Confidentiality Agreement shall not be binding upon or enforceable against either party. This Consulting Agreement, along with the Separation Agreement and
the Confidentiality Agreement, constitute an integrated agreement. 
 E. Litigation and Investigation Assistance. In addition
to the consulting services described in Section II, Consultant agrees to cooperate in the defense of MSC or any of its affiliates against any threatened or pending litigation or in any investigation or proceeding by any governmental agency or
body that relates to any events or actions which occurred during or prior to the term of Consultant’s employment or which relate to any events or actions which occur during the Consulting Term. Furthermore, Consultant agrees to cooperate
in the prosecution of any claims and lawsuits brought by MSC or any of its affiliates that are currently outstanding or that may in the future be brought relating to matters which occurred during or prior to the term of Consultant’s employment
or which relate to any events or actions which occur during the Consulting Term. Except as requested by MSC or as required by law, Consultant shall not comment upon any (i) threatened or pending claim or litigation (including
investigations or arbitrations) involving MSC or any of its affiliates, or (ii) threatened or pending government investigation involving MSC or any of its affiliates. 
 F. Severability. If any provision of this Consulting Agreement or the application thereof is held invalid, the invalidity shall
not affect other provisions or applications of the Consulting Agreement which can be given effect without the invalid provisions or applications and to this end the provisions of this Consulting Agreement are declared to be severable. 
 G. Choice of Law. This Consulting Agreement shall be deemed to have been executed and delivered within the State of California, and
the rights and obligations of the parties hereunder shall be construed and enforced in accordance with, and governed by, the laws of the State of California without regard to principles of conflict of laws. 
 H. Cooperation in Drafting. Each party has cooperated in the drafting and preparation of this Consulting Agreement. Hence, in any
construction to be made of this Consulting Agreement, the same shall not be construed against any party on the basis that the party was the drafter. 
 I. Counterparts. This Consulting Agreement may be executed in counterparts, and each counterpart, when executed, shall have the efficacy of a signed original. Photographic copies of such
signed counterparts may be used in lieu of the originals for any purpose. 
 J. Arbitration. Any dispute, claim or controversy
arising out of or relating to this Consulting Agreement, its enforcement or interpretation, or because of an alleged breach, default, or misrepresentation in connection with any of its provisions, including the determination of the scope or
applicability of this agreement to arbitrate, shall be submitted to final and binding arbitration, to be held in Orange County, California before a sole arbitrator; provided, however, that provisional injunctive relief may, but need not, be sought
in a court of law while arbitration proceedings are pending, and any provisional injunctive relief granted by such court shall remain effective until the matter is finally determined by the arbitrator. The arbitration shall be administered by
JAMS pursuant to its Comprehensive Arbitration Rules and Procedures. Judgment on the award may be entered in any court having jurisdiction. In the event either party institutes arbitration under this Consulting Agreement, the party
prevailing in any such proceeding, as determined by the arbitrator, shall be entitled, in addition to all other relief, to reasonable attorneys’ fees relating to such arbitration. The non-prevailing party shall be responsible for all costs
of the arbitration, including but not limited to, the arbitration fees, court reporter fees, etc. Any dispute as to the reasonableness of costs and expenses shall be determined by the arbitrator. 
  

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 K. Advice of Counsel. In entering this Consulting Agreement, the parties represent
that they have relied upon the advice of their attorneys, who are attorneys of their own choice, and that the terms of this Consulting Agreement have been completely read and explained to them by their attorneys, and that those terms are fully
understood and voluntarily accepted by them. 
 L. Supplementary Documents. All parties agree to cooperate fully and to execute
any and all supplementary documents and to take all additional actions that may be necessary or appropriate to give full force to the basic terms and intent of this Consulting Agreement and which are not inconsistent with its terms. 
 M. Headings. The section headings contained in this Consulting Agreement are inserted for convenience only and shall not affect
in any way the meaning or interpretation of this Consulting Agreement. 
  

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 I have read the foregoing Consulting Agreement and I accept and agree to the provisions it contains and
hereby execute it voluntarily with full understanding of its consequences. 
 EXECUTED
this 28th day of March, 2007, at Orange County, California. 
  

					
	“Consultant”	 	
		
	 /s/ John J. Laskey
	 	
	John J. Laskey	 	
		
	“MSC”	 	
		
	 MSC.Software Corporation,
 a Delaware
corporation
	 	
		
	 /s/ John A. Mongelluzzo
	 	
	By:	 	John A. Mongelluzzo	 	
	Its:	 	Executive Vice President,	 	
		 	 Business Administration,
 Legal Affairs and Secretary
	 	

  

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