Document:

Exhibit 10.23

EMPLOYMENT AGREEMENT

This Employment Agreement (“Agreement”) is made and entered into effective as of the
Agreement Date, between Lawson Software, Inc., a Delaware corporation, having
its principal place of business in St. Paul, Minnesota (the “Company” or “Lawson”)
and Robert A. Schriesheim (“Employee”),
for the purpose of setting forth the terms and conditions of Employee’s
employment by the Company

Recitals

WHEREAS, the Company desires to
employ Employee as described in this Agreement, and Employee desires to accept
and serve in that capacity; and

WHEREAS, Employee understands that such employment is expressly
conditioned on execution of this Agreement; and

WHEREAS, Company desires to
employ Employee to render services for Company on the terms and conditions set
forth in this Agreement, and Employee desires to be retained and employed by
Company pursuant to such terms and conditions.

Agreement

NOW, THEREFORE, in consideration
of Employee’s employment with Company and the foregoing premises, the mutual
covenants set forth below and other good and valuable consideration, the
receipt and adequacy of which are hereby acknowledged, Company and Employee
agree as follows:

Article
I.  Definitions

1.1           “Agreement”
means this Employment Agreement, as from time to time amended.

1.2           “Agreement Date” means October 5, 2006,
which is the date on which Employee started as a full time employee of the
Company or any Subsidiary.

1.3           “Base Salary”
means the total annual cash compensation payable on a regular periodic basis,
without regard to taxes and other items withheld, and excluding all types of
incentive pay, all forms of stock or equity based compensation, fringe
benefits, special pay or awards, commissions and bonuses.  Base Salary shall include amounts contributed
by Employee to a qualified retirement plan, nonqualified deferred compensation
plan or similar plan sponsored by the Company, but it shall not include
earnings on those amounts.

1.4           “Board” means the
Board of Directors of Company.

1.5           “Cause” means: 
(1) material breach by Employee of this Agreement or the Invention and
Non-Disclosure Agreement; (2) any material violation by Employee of the Company’s
policies, rules or regulations that has a material adverse effect on the
Company (as reasonably determined by the Company); (3) commission of any act of
fraud, embezzlement or dishonesty by Employee that is materially injurious to
the Company (as reasonably determined by the Company); (4) any other
intentional misconduct by Employee adversely affecting the business or affairs
of the Company or any Subsidiary in any material manner (as reasonably
determined by the Company); or (5) intentional or 

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willful failure of
the Employee to materially perform Employee’s responsibilities hereunder, other
than as a result of permitted leave of absence, vacation, injury or illness.

1.6            “Change of
Control” means:  (1) the
closing of a tender offer or exchange offer for the ownership of 50% or more of
the outstanding voting securities of the Company; (2) the Company shall have
entered into a definitive agreement with respect to a tender offer, exchange
offer or merger, consolidation or other business combination with another
corporation and as a result of such tender offer, exchange offer, merger,
consolidation or combination 50% or fewer of the outstanding voting securities
of the surviving or resulting corporation are owned in the aggregate by the
former stockholders of the Company, other than affiliates (within the meaning
of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) of any
party to such merger or consolidation, as the same shall have existed
immediately prior to such merger or consolidation; (3) the Company shall have
entered into a definitive agreement to sell substantially all of its assets to
another corporation which is not a direct or indirect wholly owned Subsidiary
of the Company; (4) a person, within the meaning of Section 3(a)(9) or of
Section 13(d)(3) (as in effect on the date of this Agreement) of the Exchange
Act, shall acquire 50%  or more of the
outstanding voting securities of the Company (whether directly, indirectly,
beneficially or of record) (for purposes hereof, ownership of voting securities
shall take into account and shall include ownership as determined by applying
the provisions of Rule 13d-3(d)(1)(i) as in effect on the date of this
Agreement) pursuant to the Exchange Act; (5) approval by the stockholders of
the Company of a complete liquidation or dissolution of the Company; or (6)
individuals who constitute the Company’s Board of Directors on the date of this
Agreement (the “Incumbent Board”) cease for any reason to constitute at least a
majority thereof, provided that any person becoming a director subsequent to
the date of this Agreement whose election, or nomination for election by the
Company’s stockholders, was approved by a vote of at least 50% of the directors
comprising the Incumbent Board shall be, for purposes of this clause (6),
considered as though such person were a member of the Incumbent Board.  Notwithstanding the foregoing, the
Lawson/Intentia Transaction is not a Change of Control of the Company.

1.7           “Disability”
means Employee’s permanent disability as defined under any long term disability
plan of the Company, or in the absence of such plan, the inability of Employee,
due to illness or injury, to substantially perform his duties hereunder (after
taking into account any reasonable accommodation required by the Americans with
Disabilities Act) for a period of at least 180 consecutive days.  The determination of a Disability shall be
based on competent medical opinion.

1.8           “Good Reason” means:  (1) Company effects a material diminution of
Employee’s duties or reporting responsibilities or a diminution of Employee’s
title of Chief Financial Officer of the Company; (2) the failure by Company, or
its successor, if any, to pay compensation or provide benefits to Employee as
and when required by the terms of this Agreement; or (3) any material breach by
Company of this Agreement that is not timely cured by Company after notice from
Employee.

1.9           “Invention
and Non-Disclosure Agreement” means the Lawson Software, Inc.
Employee Invention and Non-Disclosure Agreement entered into between the
Company and Employee.

1.10          “Plan” means any
bonus or incentive compensation agreement, plan, program, policy or arrangement
sponsored, maintained or contributed to by Company, to which Company is a party
or under which employees of Company are covered, including, without limitation,
any stock option, restricted stock or any other equity based compensation plan,
and any employee benefit plan, such as a thrift, pension, profit sharing,
deferred compensation, medical, dental, disability, accident, life insurance,
automobile allowance, perquisite, fringe benefit, vacation, sick or parental
leave, severance or relocation 

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plan or policy or any
other agreement, plan, program, policy or arrangement intended to benefit
employees or executive officers of Company.

1.11         “Subsidiary”
means any corporation at least a majority of whose securities having ordinary
voting power for the election of directors (other than securities having such
power only by reason of the occurrence of a contingency) is at the time owned
by the Company and/or one (1) or more Subsidiaries.

1.12         “Release/Restrictive Covenant” means the form of General Release and
Restrictive Covenants attached as Exhibit A.

1.13         “Term”
means the period during which this Agreement is in effect.

Article
II.  Employment, Term, and Duties

2.1           Employment.  Company hereby employs Employee as executive
vice president and as an executive officer of the Company as of the Agreement
Date.  Commencing October 11, 2006 and
continuing for the balance of the Term, Employee shall serve as the Company’s Chief
Financial Officer and Principal Financial Officer, pursuant to the Company’s
Bylaws.  Employee accepts such employment
and agrees to perform services for Company for the period and upon the other
terms and conditions set forth in this Agreement.

2.2           Term.  The Term shall commence on the Agreement Date
and continue in effect until terminated in accordance with Article IV of this
Agreement.

2.3           Position and Duties.

(a)           Service with Company. 
During the Term, Employee shall report to the Chief Executive Officer
and agrees to perform such duties and responsibilities (a) as are set forth for
that position in the By-laws of the Company; (b) as the Chief Executive Officer
or the Board shall assign to the Employee from time to time consistent with Employee’s
position; and (c) that the Employee undertakes or accepts consistent with Employee’s
position.  Employee acknowledges and
agrees that, from time to time, Employee will be required to perform duties
with respect to one or more of the Company’s Subsidiary or affiliate companies
and that Employee will not be entitled to any additional compensation for
performing those duties.  Employee also
agrees to serve, for any period for which Employee is elected, as an director
of Company; provided, however, that Employee shall
not be entitled to any additional compensation for serving as a director after
the Agreement Date.  Upon termination of
Employee’s employment, for whatever reason, Employee will be deemed to have
resigned as an officer and director of the Company.

(b)           Performance of Duties. 
Commencing as of the Agreement Date, Employee agrees to devote Employee’s
full business time, attention and efforts to the business and affairs of
Company (exclusive of any period of vacation, sick, disability or other leave
to which Employee is entitled).  Employee
may participate in charitable and civic activities so long as Employee remains
available to provide Employee’s full time services to the Company.  Employee will review and agree to comply with
the Company’s then current Code of Conduct to the same extent required for other
United States-based employees of the Company. 
Employee will perform all of Employee’s responsibilities in compliance
with all applicable laws.  Employee
acknowledges that in Employee’s capacity as principal executive officer of the
Company, Employee will be expected to execute certain documents on behalf of
the Company under the federal securities laws, which may include documents
covering periods prior to the Agreement Date.

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2.4           Location.  Employee shall be located in the
Company’s St. Paul, Minnesota office and in the Company’s Schaumburg, Illinois
office.

2.5           Outside
Directorships.  It is recognized that
as of the Agreement Date, Employee has existing commitments on two public
boards including Dobson Communications (Nasdaq: DCEL) and Skyworks Solutions
(Nasdaq: SWKS), neither of which compete in any business with the Company.  One of those companies is currently a
customer of Lawson, and the approximate $250,000 in annual payments to Lawson
from that company are less than five percent (5%) of either that company’s or
Lawson’s respective annual revenue. 
Lawson acknowledges that Employee has committed to become a stockholder
and director of Alyst Acquisitions, Inc., a telecommunications firm known as a
specified purpose acquisition company (“SPAC”). 
Any time Employee devotes to outside director positions will be Employee’s
personal or vacation days.  Employee will
accept no additional non-Lawson roles or directorships without approval from
Lawson’s Chief Executive Officers and Board of Directors.  Employee acknowledges that Lawson will be
Employee’s full time position and employee will manage any conflicts
accordingly to Lawson’s favor.

Article
III.  Compensation, Benefits and Expenses

3.1           Base Salary.  Subject to the provisions of Article IV of
this Agreement, during the Term Company shall pay Employee a Base Salary at an
annual rate that is not less than Four Hundred Thousand dollars ($400,000.00)
or such higher annual rate as may from time to time be approved by the Board,
such Base Salary to be paid in substantially equal regular periodic payments,
less deductions and withholdings, in accordance with Company’s regular payroll
procedures, policies and practices as such may be modified from time to
time.  Employee shall be eligible, at
Company’s sole discretion, for annual salary increases consistent with such
procedures, policies and practices and if Employee’s Base Salary is increased
from time to time during the Term, the increased amount shall become the Base
Salary for the remainder of the Term and for as long thereafter as required
pursuant to Article IV, subject to any subsequent increases.  Employee’s Base Salary may not be decreased
during the Term.

3.2           Incentive Compensation.  Employee
will participate in the Company’s Executive Leadership Results Plan (“ELRP”) in
accordance with which Employee may earn an annual incentive bonus.  The terms of the annual incentive bonus plan,
including the criteria upon which Employee can earn the maximum bonus, will be
determined annually by the Board.  Employee’s
annualized target incentive compensation under the ELRP for the fiscal year
ending May 31, 2007 (“FY07”) shall be Four Hundred Thousand dollars ($400,000);
provided, however that any incentive compensation awarded under the ELRP for the
Company’s second fiscal quarter ending November 30, 2006 and the fiscal year
ending shall be adjusted on a pro-rata basis by the number of calendar days that
Employee is a full time employee during the applicable performance period in
FY07.  For years after FY07, Employee’s annual
target incentive compensation shall be an amount equal to his annual Base
Salary as of the beginning of the applicable performance period.  Under the ELRP, a participant must be
employed by the Company on the last day of a fiscal year to be eligible to
receive annual incentive compensation that is payable for that fiscal year.

3.3           Stock Options. 
As of the Agreement Date, the Company will approve the grant to Employee
of an option to purchase 1,000,000 shares of the Company’s common stock (the “Stock
Option”) in accordance with the terms of the Company’s 1996 Stock Incentive
Plan, as the same may be amended from time to time (“1996 Plan”), and a
nonqualified stock option agreement will be entered into by the Employee and
the Company (the “Option Agreement”). 
The Stock Option will be subject to vesting and other requirements
described in the Option Agreement and 1996 Plan.

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3.4           Participation in Benefits. 
During the Term of Employee’s employment by Company, Employee shall be
entitled to participate in the employee benefits offered generally by Company
to its employees, to the extent that Employee’s position, tenure, salary,
health and other qualifications make Employee eligible to participate.  Employee’s participation in such benefits
shall be subject to the terms of the applicable plans, as the same may be
amended from time to time.  Company does
not guarantee the adoption or continuance of any particular employee benefit
during Employee’s employment, and nothing in this Agreement is intended to, or
shall in any way restrict the right of Company, to amend, modify or terminate
any of its benefits during the Term.

3.5           Expenses.  In accordance with
Company’s normal policies for expense reimbursement, Company will reimburse
Employee for all reasonable and necessary expenses incurred by Employee in the
performance of Employee’s duties under this Agreement, subject to the
presentment of receipts or other documentation acceptable to Company.

3.6           Travel and Living Expenses.  During
the first three years of the Term, the Company will pay Employee’s airfare
expenses between Chicago, Illinois and St. Paul, Minnesota under the Company’s
travel policy and Employee’s living expenses in St. Paul, Minnesota up to an
aggregate amount of $75,000 during that three-year period for such airfare and
living expenses, with an annual limit of $25,000 for such airfare and living
expenses (collectively, the “Travel and Living Expenses”).  In addition, the Company will pay Employee
the amount of federal and state personal income taxes payable by Employee on
the reimbursed Travel and Living Expenses, plus the amount of federal and state
personal income taxes payable on the tax reimbursements under this Section 3.6
(the “Tax Gross-Up”).  The Tax Gross-Up
and Travel and Living Expenses may together exceed the $75,000 three-year
limitation or the $25,000 annual limitation referred to above, but the Travel
and Living Expenses (before the Tax Gross-Up) must be within those respective
limits.

3.7           No Prior Period Restatements.  As of
the date hereof, the Company represents and warrants that the Company has
complied with all financial reporting requirements under the federal securities
laws in all material respects, and no facts, events or circumstances exist
which would require the Company to prepare an accounting restatement due to
misconduct within the meaning of Section 304 of the Sarbanes-Oxley Act of
2002.  In the event that the Company
prepares an accounting restatement for a fiscal period ending prior to the
Agreement Date, the Company shall at its expense file a petition with the
Securities and Exchange Commission under Section 304(b) of the Sarbanes-Oxley
Act seeking to exempt Employee from the operation of the Section 304(a)
thereof.

3.8           Tier 1 Change of
Control Severance Pay Plan Is Applicable to Employee.  Employee will be considered a “Tier 1
Executive” under the then current terms of the Company’s Executive Change in
Control Severance Pay Plan for Tier 1 Executives (first adopted by the Company
on January 17, 2005).

Article
IV.  Termination and Compensation
Following Termination

4.1           Termination. 
Subject to the respective continuing obligations of the parties under
this Agreement, the Term and Employee’s employment hereunder may be terminated
under the following circumstances:

(a)           Mutual Agreement.  By
mutual written agreement of the parties at any time.

(b)           Death.  In the event of Employee’s
death.

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(c)           Employee’s Disability. 
In the event Employee becomes Disabled. 
During the period in which Employee is absent from work due to an injury
or illness which may result in a Disability, the Company shall continue to pay
to Employee the compensation, benefits and other payments and awards set forth
in Article III hereof.

(d)           Termination by Company for Cause. 
Company may terminate this Agreement and Employee’s employment hereunder
for Cause at any time after providing written notice to Employee.  Notwithstanding the foregoing, a termination
for Cause, if susceptible of cure, shall not become effective unless Employee
fails to cure such failure to perform within 10 days after written notice from
Company, such notice to describe such failure to perform and identify what
reasonable actions shall be required to cure such failure to perform.

(e)           Termination By Employee For Good Reason. 
Employee may terminate Employee’s employment hereunder for Good
Reason.  Notwithstanding the foregoing,
the Employee shall have Good Reason to terminate Employee’s employment only if
(i) Employee notifies the Company in writing that Employee has determined Good Reason
exists and specifies the event creating Good Reason, and (ii) following receipt
of such notice, the Company fails to remedy such event within 10 days.

(f)            Termination by Company Without Cause. 
Company may terminate Employee’s employment hereunder at any time for
any reason (including without limitation a Change in Control), or no reason and
with notice.

(g)           Termination by Employee Without Good Reason.  The
Employee may terminate Employee’s employment hereunder at any time for any
reason (including without limitation a Change in Control) or no reason, upon 10
days advance written notice.

4.2           Effect of Termination. 
Notwithstanding any termination of this Agreement and/or Employee’s
employment with Company, Employee, in consideration of Employee’s employment
hereunder to the date of such termination, shall remain bound by the provisions
of this Agreement that specifically relate to periods, activities or
obligations upon or subsequent to the termination of Employee’s employment,
including, but not limited to, the covenants contained in Article V and the
Invention and Non-Disclosure Agreement.

4.3           Surrender of Records and Property. 
Upon termination of Employee’s employment with Company, Employee shall
deliver promptly to Company all records, manuals, books, blank forms,
documents, letters, memoranda, notes, notebooks, reports, computers, computer
disks, computer software, computer programs (including source code, object
code, on-line files, documentation, testing materials and plans and reports),
designs, drawings, sketches, devices, specifications, formulae, data, tables or
calculations or copies thereof, which are the property of Company or any
subsidiary or affiliate or which relate in any way to the business, products,
practices or techniques of Company or any Subsidiary.

4.4           Compensation Following Termination of the
Term.  In the event that Employee’s employment
hereunder is terminated prior to the end of the Term, Employee shall be
entitled only to the following compensation and benefits upon such termination;
provided, however, as a condition precedent to the payment of any severance
under Section 4.4(b) of this Agreement, Employee shall have executed the
General Release and Restrictive Covenants in the form attached hereto as
Exhibit A (the “Release/Restrictive Covenant”) and the revocation or rescission
period specified therein shall have expired:

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(a)           Termination by Company for Cause or by
Employee Without Good Reason.  If the Employee’s employment is terminated by
the Company for Cause or the Employee voluntarily terminates employment without
Good Reason, the Company shall promptly pay to the Employee (1) any Base Salary
earned but not paid through the date of Employee’s employment termination, plus
(2) any bonus that is earned because Employee was employed on the last day of
the fiscal year as provided in Section 3.2, and amounts that Employee is
entitled to under any equity compensation, bonus, benefit or other plan of, or
agreement with the Company in accordance with the terms of such plan or agreement
..  The Company shall have no further
obligations under this Agreement.

(b)           Termination by Employee for Good Reason;
Termination by the Company Without Cause; Termination by Reason of Employee’s
Death or Disability.   In the event that Employee’s employment is
terminated by Employee for Good Reason, by the Company without Cause (whether
or not there is a Change of Control) or by reason of Employee’s death or
Disability, Company shall promptly pay to Employee, Employee’s estate or
Employee’s spouse, as the case may be: 
(1) any amounts due to Employee for Base Salary through the date of
employment termination, together with any other unpaid and pro rata amounts to
which Employee is entitled as of the date of termination pursuant to Article
III of this Agreement, including, without limitation, any bonus that is earned
because Employee was employed on the last day of the fiscal year as provided in
Section 3.2, amounts that Employee is entitled to under any equity
compensation, bonus , benefit or other plan of, or agreement with, the Company
in accordance with the terms of such plan or agreement, plus (2) one times
Employee’s then current annual Base Salary plus (3) one times Employee’s then
current annual target bonus plus (4) for fiscal years beginning on or after
June 1, 2007, if Employee’s termination occurs during the second half of the
Company’s fiscal year, a target annual bonus, to the extent not previously
paid, pro rated based on number of days employed during such fiscal) for such
fiscal year.  Except to the extent expressly
described in a stock option agreement or other award, Employee will have no
rights to any unvested benefits or any other compensation or payments coming
due after the date of Employee’s employment termination. The Company shall have
no further obligations under this Agreement.

4.5           No Mitigation Obligation. 
Employee shall not be required to mitigate the amount of any payment
provided to Employee under Section 4.4 of this Agreement by seeking other
employment. The Company may not claim a right of offset to reduce any payment
to Employee required hereunder

4.6           No Other Benefits or Compensation. 
Except as may be provided under this Agreement, under the terms of any
incentive compensation, employee benefit or fringe benefit plan applicable to
Employee at the time of the termination of Employee’s employment, Employee
shall have no right to receive any other compensation or to participate in any
other plan, arrangement or benefit, with respect to any future period after
such termination or resignation.

4.7           IRC Section 409A and
Delay of Payment.  If any amounts payable to Employee pursuant
to this Agreement are subject to Section 409A of the United States Internal
Revenue Code (“Section 409A”), an exception to Section 409A does not apply, and
the Company is a publicly traded corporation at the time of Employee’s
termination of employment or first scheduled payment of such amount, then,
notwithstanding any provision in this Agreement to the contrary:  (a) the payment of such amount will be made
to Employee six months plus five business days following the date of Employee’s
termination of employment (provided that at the time of actual payment Employee
has met all other requirements for that payment under this Agreement), (b) no
payment of such amount will be made to Employee before the date described in
clause (a) above, and (c) no interest shall accrue or be payable to Employee
for any 

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payments
that are delayed pursuant to this Section 4.7. 
The Company assumes no obligation to pay or reimburse Employee for any
taxes incurred under Section 409A.

Article
V.  Noncompetition and Nonsolicitation

5.1           Release/Restrictive
Covenant.  The Release/Restrictive
Covenant attached as Exhibit A includes certain noncompetition and
nonsolicitation covenants of Employee that are a condition precedent to the
payment of any severance under Section 4.4(b) above.

5.2           Covenant
Not To Compete—Five Competitors. 
Before the payment of any severance under Section 4.4(b) of this
Agreement and execution of the Release/Restrictive Covenant, within five days
following termination of employment, the Company shall notify Employee of the
names of five competitors that will be identified as the “Five Competitors” in
Section 2.1 of the Release/Restrictive Covenant.

5.3           Covenant
Not To Compete—25 Clients/Prospects. 
Before the payment of any severance under Section 4.4(b) of this
Agreement and execution of the Release/Restrictive Covenant, within five days
following termination of employment, the Coxmpany shall notify Employee of the
names of 25 clients and/or prospects that will be identified as the “25
Clients/Prospects” in Section 2.2 of the Release/Restrictive Covenant.

Article VI.  Tax Consideration.

Notwithstanding anything herein to the contrary, in the event any
payments, benefits, or distributions (or combination thereof) from the Company,
any affiliates, or any trust established by the Company or any affiliate for
the benefit of its employees, to the Employee or for Employee’s benefit
(including, without limitation, payments hereunder or under any equity or
option award, including the value of any acceleration of such award), (“Total
Payments”) are determined by the Company to be subject to the tax imposed by
Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”) or
any similar federal or state excise tax, FICA tax, or any interest or penalties
are incurred by the Employee with respect to such excise tax (such excise tax,
together with any such interest or penalties are hereinafter collectively
referred to as the “Excise Tax”), the Company shall pay to the Employee an
additional amount (the “Gross-Up Payment”) such that after the payment by the
Employee of all federal, state, or local income taxes, Excise Taxes, FICA
taxes, or other taxes (including any interest or penalties imposed with respect
thereto) imposed upon the receipt of the Gross-Up Payment, the Employee retains
an amount of the Gross-Up Payment equal to the Excise Tax imposed on the Total
Payments.  Any Gross-Up Payment may be
withheld by the Company from the Employee and submitted to the applicable
governmental taxing authorities on Employee’s behalf.

If the Excise Tax is subsequently determined to be
less than the amount taken into account hereunder at the time of termination of
employment, the Employee shall repay to the Company, at the time the reduction
in Excise Tax is finally determined, the portion of the Gross-Up Payment
attributable to such reduction; provided, however, that Employee shall not be
obligated to return such excess until receipt by the Employee of a refund of
such amount from the applicable governmental taxing authorities. .  If the Excise Tax is determined to exceed the
amount taken into account hereunder at the time of termination of employment,
the Company shall make an additional Gross-Up Payment to the Employee (or to
the applicable governmental taxing authorities as withholding on the Employee’s
behalf) in respect of such excess at the time the amount of such excess is
finally determined.  The Employee shall
notify the Company in writing of any claim by the Internal Revenue Service
that, if successful, would require the 

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payment by the Company of the Gross-Up Payment.  Such notification shall be given as soon as
practicable but no later than ten (10) business days after the Employee is
informed in writing of such claim and shall apprise the Company of the nature
of such claim and the date on which such claim is requested to be paid.  The Employee shall not pay such claim prior
to the expiration of the thirty (30) day period following the date on which he
or she gives such notice to the Company (or such shorter period ending on the
date that any payment of taxes with respect to such claim is due).  If the Company notifies the Employee in
writing prior to the expiration of such period that it desires to contest such
claim, the Employee shall:

(a)           give the Company any information reasonably requested by the Company
relating to such claim;

(b)           take such action in connection with contesting such claim as the
Company shall reasonably request in writing from time to time, including,
without limitation, accepting legal representation with respect to such claim
by an attorney reasonably selected by the Company;

 (c)          cooperate
with the Company in good faith in order to effectively contest such claim; and

(d)           permit the Company to participate in any proceedings relating to such
claim;

provided, however, that the Company shall bear and pay directly all costs and expenses
(including legal and accounting fees and additional interest and penalties)
incurred in connection with such contest and shall indemnify and hold the
Employee harmless, on an after-tax basis, for any Excise Tax, FICA tax, or
income tax (including interest and penalties with respect thereto) imposed as a
result of such representation and payment of costs and expenses.  Without limitation on the foregoing
provisions of this Article VI, the Company shall control all proceedings taken
in connection with such contest and, at its sole option, may pursue or forgo
any and all administrative appeals, proceedings, hearings, and conferences with
the taxing authority in respect of such claim and may, at its sole option,
either direct the Employee to pay the tax claimed and sue for a refund or
contest the claim in any permissible manner, and the Employee agrees to
prosecute such contest to a determination before any administrative tribunal,
in a court of initial jurisdiction, and in one or more appellate courts, as the
Company shall determine; provided, however, that if the Company directs the
Employee to pay such claim and sue for a refund, the Company shall advance the
amount of such payment to the Employee, on an interest-free basis, and shall
indemnify and hold the Employee harmless, on an after-tax basis, from any
Excise Tax or income tax (including interest or penalties with respect thereto)
imposed with respect to such advance or with respect to any imputed income with
respect to such advance; and provided, further, that any extension of the
statute of limitations relating to payment of taxes for the taxable year of the
Employee with respect to which such contested amount is claimed to be due is
limited solely to such contested amount. 
Furthermore, the Company’s control of the contest shall be limited to
issues with respect to which a 

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Gross-Up Payment would be payable hereunder and the Employee shall be
entitled to settle or contest, as the case may be, other issues raised by the
Internal Revenue Service or any other taxing authority.

If any such claim referred to in this Article VI is
made by the Internal Revenue Service and the Company does not request the
Employee to contest the claim within the thirty (30) day period following
notice of the claim, the Company shall pay to the Employee the amount on any
Gross-Up Payment owed to the Employee, but not previously paid pursuant to this
Article VI, immediately upon the expiration of such thirty (30) day
period.  If any such claim is made by the
Internal Revenue Service and the Company requests the Employee to contest such
claim, but does not advance the amount of such claim to the Employee for
purposes of such contest, the Company shall pay to the Employee the amount of
any Gross-Up Payment owed to the Employee, but not previously paid under the
provisions of this Article VI, within five (5) business days of a Final
Determination of the liability of the Employee for such Excise Tax.  For purposes of this Agreement, a “Final
Determination” shall be deemed to occur with respect to a claim when (i) there
is a decision, judgment, decree, or other order by any court of competent
jurisdiction, which decision, judgment, decree, or other order has become
final, i.e., all allowable appeals pursuant to this Article VI have been
exhausted by either party to the action, (ii) there is a closing agreement made
under Section 7121 of the Code, or (iii) the time for instituting a claim for
refund has expired, or if a claim was filed, the time for instituting suit with
respect thereto has expired.

If, after the receipt by the Employee of an amount
advanced by the Company pursuant to this Article VI, the Employee becomes
entitled to receive any refund with respect to such claim, the Employee shall
(subject to the Company’s complying with the requirements of this Article VI)
promptly pay to the Company the amount of such refund (together with any
interest paid or credited thereon after taxes applicable thereto).  If after the receipt by the Employee of an
amount advanced by the Company pursuant to this Article VI, a determination is
made by the Internal Revenue Service that the Employee is not entitled to any
refund with respect to such claim and the Company does not notify the Employee
in writing of its intent to contest such denial of refund prior to the
expiration of thirty (30) days after such determination, then such advance
shall be forgiven and shall not be required to be repaid and the amount of such
advance shall offset, to the extent thereof, the amount of Gross-Up Payment
required to be paid.

Article
VII.  Miscellaneous Provisions

7.1           Tax Consequences.  Employee acknowledges and agrees that Company
has made no representations or warranties with respect to the tax consequences
of any of the payments or other consideration provided by Company to Employee
under the terms of this Agreement, and that Employee is solely responsible for
Employee’s compliance with any and all laws applicable to such payments or
other consideration.

7.2           Withholding Taxes.  Company may take such action as it deems
appropriate to insure that all applicable federal, state, city and other
payroll, withholding, income or other taxes arising from any compensation,
benefits or any other payments made pursuant to this Agreement, or any other
contract, agreement or understanding that relates, in whole or in part, to
Employee’s employment with Company, are withheld or collected from
Employee.  The Company may deduct
applicable withholding taxes from any payments to Employee under this
Agreement.

7.3           Assignment.  This Agreement shall not be assignable, in
whole or in part, by any party without the written consent of the other party
and any purported or attempted assignment or transfer of 

 10
 

 

this Agreement or any of
Employee’s duties, responsibilities or obligations hereunder shall be void.
This Agreement is binding upon Employee, Employee’s heirs and personal
representatives. This Agreement shall inure to the benefit of and be binding
upon the Company and its successors and assigns.  Notwithstanding the foregoing, the Company
may, without the consent of Employee, assign its rights and obligations under
this Agreement to any business entity that has become the legal successor to
Company in the event of a sale, merger, liquidation or similar transaction.

7.4           Notices.  All notices, requests, demands and other
communications under this Agreement shall be in writing, shall be deemed to
have been duly given on the date of service if personally served on the parties
to whom notice is to be given, or on the second day after mailing if mailed to
the parties to whom notice is given, by registered or certified mail, return
receipt requested, postage prepaid and properly addressed as follows:

	
  If to the Company, at:

  	
   

  	
  Lawson Software, Inc.

  380 St. Peter Street

  St. Paul, MN 55102

  Attn: Corporate Secretary

  
	
   

  	
   

  	
   

  
	
  If to Employee, at:

  	
   

  	
  (Last address of Employee on record at the Company)

  
	
   

  	
   

  	
   

  
	
  With a copy to:

  	
   

  	
  Wayne R. Luepker

  Mayer, Brown, Rowe & Maw LLP

  71 S. Wacker Drive

  Chicago, IL 60606

  

 

Any party may change the
address for the purpose of this Section by giving the other written notice of
the new address in the manner set forth above.

7.5           Governing Law.  The validity, interpretation, performance and
enforcement of this Agreement shall be governed by the laws of the State of
Minnesota, without regard to conflicts of laws principles thereof.

7.6           Severability.  In the event any provision of this Agreement
(or portion thereof) shall be held illegal or invalid for any reason, said
illegality or invalidity shall not in any way affect the legality or validity
of any other provision of this Agreement. To the extent any provision (or
portion thereof) of this Agreement shall be determined to be invalid or
unenforceable in any jurisdiction, such provision (or portion thereof) shall be
deemed to be deleted from this Agreement as to such jurisdiction only, and the
validity and enforceability of the remainder of such provision and of this
Agreement shall be unaffected.

7.7           Entire Agreement.  This Agreement and the agreements and Plans
expressly referenced above is the final, complete and exclusive agreement of
the parties and sets forth the entire agreement between Company and Employee
with respect to Employee’s employment by Company, and there are no
undertakings, covenants or commitments other than as set forth therein.  The Agreement may not be altered or amended,
except by a writing executed by the party against whom such alteration or
amendment is to be enforced.

 11
 

 

7.8           Counterparts.  This Agreement may be simultaneously executed
in any number of counterparts and by facsimile.

7.9           Survival.  The parties expressly acknowledge and agree
that the provisions of this Agreement that by their express or implied terms
extend beyond the expiration of this Agreement or the termination of Employee’s
employment under this Agreement, shall continue in full force and effect,
notwithstanding Employee’s termination of employment under this Agreement or
the expiration of this Agreement.

7.10         Waivers.  No failure on the part of either party to
exercise, and no delay in exercising, any right or remedy under this Agreement
shall operate as a waiver thereof; nor shall any single or partial exercise of
any right or remedy under this Agreement preclude any other or further exercise
thereof or the exercise of any other right or remedy granted hereby or by any
related document or by law.

7.11         No Conflicting Obligations.  Employee represents and warrants
to Company that Employee is free to enter into this Agreement and has no
contract, commitment, arrangement or understanding to or with any party that
restrains or is in conflict with Employee’s performance of the covenants,
services and duties provided for in this Agreement.

7.12         Read and Understood. 
Employee has read this Agreement carefully and understands each of its
terms and conditions.  Employee has
sought independent legal counsel of Employee’s choice (and at Employee’s own
expense) to the extent Employee deemed such advice necessary in connection with
the review and execution of this Agreement.

7.13         Indemnification.
The Company shall indemnify Employee to the fullest extent permitted by the
Company’s certificate of incorporation and bylaws, and any change to those
documents that diminish any protection afforded as of the date hereof to
officers or members of the Board thereunder shall not be applied to reduce
Employee’s protection thereunder. The provisions under this Section shall
continue to apply to Employee following his termination of employment.

7.14.        Arbitration. All
disputes in any way relating to this Agreement or in any way relating to
Employee’s employment by the Employer, will be resolved by binding arbitration
in St. Paul/ Minneapolis in accordance with the commercial arbitration rules of
the American Arbitration Association then in effect. Each party shall pay its
own costs and expenses (including attorneys’ fees) relating to such dispute and
the arbitration, except that if the arbitrator determines that the Company did
not have a good faith dispute or the Company was in intentional breach of this
Agreement or of any other agreement between the Company and Employee, the
Company shall be required to pay the costs and expenses (including reasonable
attorneys’ fees) relating to such dispute and the arbitration.

 12
 

 

7.15 Attorneys’
Fees.  The Company shall pay Employee’s
attorneys’ fees in negotiating this Agreement and ancillary documents relating
thereto in an amount not to exceed $10,000.00

IN WITNESS WHEREOF,
the parties hereto have executed this Agreement as of the date first above
written.

	
   

  	
  Lawson Software, Inc.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Harry Debes,
  Chief Executive Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Robert A.
  Schriesheim

  

 13
 

 

EXHIBIT
A

GENERAL RELEASE AND
RESTRICTIVE COVENANTS

This General Release and Restrictive Covenants (“Release/Restrictive
Covenant”) is made and entered into as of the         
 day of                             ,                
, by Robert A. Schriesheim (“Employee”).

WHEREAS,
Lawson Software, Inc. (the “Company”)
and Employee are parties to an Employment Agreement dated October 5, 2006;

WHEREAS,
Employee intends to settle any and all claims that Employee has or may have
against Company as a result of Employee’s employment with Company and the
cessation of Employee’s employment with Company; and

WHEREAS,
Under the terms of the Employment Agreement, which Employee agrees are fair and
reasonable, Employee agreed to enter into this Release/Restrictive Covenant as
a condition precedent to the severance arrangements described in Article IV of
the Employment Agreement.

NOW, THEREFORE,
in consideration of the provisions and the mutual covenants herein contained,
the parties agree as follows:

1.             Release.  For the consideration expressed in the
Employment Agreement, Employee does hereby fully and completely release and
waive any and all claims, complaints, causes of action, demands, suits and
damages, of any kind or character, which Employee has or may have against the
Released Parties, as hereinafter defined, arising out of any acts, omissions,
conduct, decisions, behavior or events, in each case directly relating to his
employment by the Company, occurring up through the date of Employee’s
signature on this Release/Restrictive Covenant, including Employee’s employment
with Company and the cessation of that employment.  For purposes of this Release/Restrictive
Covenant, “Released Parties” means collectively Company, its predecessors,
successors, assigns, parents, affiliates, subsidiaries, related companies,
officers, directors, shareholders, agents, servants, employees and insurers,
and each and all thereof.

Employee understands and accepts that Employee’s
release of claims includes any and all possible discrimination claims,
including, but not limited to, claims based upon:  Title VII of the Federal Civil Rights
Act of 1964, as amended; the Age Discrimination in Employment Act; the
Americans with Disabilities Act; the Equal Pay Act; the Fair Labor Standards
Act; the Employee Retirement Income Security Act; the Minnesota Human Rights
Act; Minn. Stat. §181.81; the Minneapolis or St. Paul Code of Ordinances; or
any other federal, state or local statute, ordinance or law.  Employee also understands that Employee is
giving up all other claims, including those grounded in contract or tort
theories, including, but not limited to: 
wrongful discharge; violation of Minn. Stat. §176.82; breach of
contract; tortious interference with contractual relations; promissory
estoppel; breach of the implied covenant of good faith and fair dealing; breach
of express or implied promise; breach of manuals or other policies; assault;
battery; fraud; false imprisonment; invasion of privacy; intentional or
negligent misrepresentation; defamation, including libel, slander, discharge
defamation and self-publication defamation; discharge in violation of public
policy; whistleblower; intentional or negligent infliction of emotional
distress; or any other theory, whether legal or equitable.

Employee further understands that, with respect to the
claims he has released as provided above, Employee is releasing, and does
hereby release, any claims for damages, by charge or otherwise, whether brought
by Employee or on Employee’s behalf by any other party, governmental or
otherwise, and agrees 

 14
 

 

not to institute any
claims for damages via administrative or legal proceedings against any of the
Released Parties.  Employee also waives
and releases , with respect to the claims he has released as provided above,
any and all rights to money damages or other legal relief awarded by any
governmental agency related to any charge or other claim against any of the
Released Parties.

This Section 1 does not apply to any post-termination
claim that Employee may have for benefits or other payments required under the
provisions of the Employment Agreement , equity compensation, bonus, employee
benefit, or other plan of or agreement with Company.

Employee’s release of claims shall not apply to any
claims Employee might have to indemnification under Minnesota Statute
§302A.521, any other applicable statute or regulation or Company’s by-laws or
pursuant to the Employment Agreement. [when this document is
signed at the time of termination of employment, the above provisions will be
updated to include the laws of the jurisdiction applicable to Employee’s state
and location of residence, if different from Minnesota]

2.             Covenants Restricting
Employee.  Employee covenants and agrees
as follows:

2.1         Covenant Not
To Compete—Five Competitors. 
Employee covenants and agrees that throughout the one year period after
the date of this Release/Restrictive Covenant, Employee shall not:  (a) be employed by                   [Company will fill in names of 5 competitors of the
Company]                  
(or any of their respective wholly owned subsidiaries) (collectively referred
to as the “Five Competitors”) or (b) directly or indirectly provide any consulting
or other services to any of the Five Competitors anywhere in the world.  If one or more of the Five Competitors
acquire one another, this Section 2.1 shall remain in effect through the end of
the time period described above for each of the resulting successors to the
Five Competitors.  If one of the Five
Competitors acquires Employee’s then current employer, that acquisition will
not result in a violation of this Section 2.1(e.g. Employee may continue to
work for that employer or its successor). 
If another company buys one of the Five Competitors, that acquisition
and this Section 2.1 will not prohibit Employee from working for the combined
company.

2.2         Covenant Not
To Compete—25 Clients/Prospects. 
Employee covenants and agrees that throughout the one year period after
the date of this Release/Restrictive Covenant, Employee shall not:  (a) directly solicit any of the following
clients or prospects of the Company                   [Company will fill in names of 25 clients and/or
prospects of the Company]              (collectively
referred to as the “25 Clients/Prospects”) with the purpose of inducing the 25
Clients/Prospects to diminish any business conducted or to be conducted with
the Company or (b) directly provide any employment, consulting or other
services to any of the 25 Clients/Prospects anywhere in the world.  If one or more of the 25 Clients/Prospects
acquire one another, this Section 2.2 shall remain in effect through the end of
the time period described above for each of the resulting successors to the 25
Clients/Prospects.  If one of the 25
Clients/Prospects acquires Employee’s then current employer, that acquisition
will not result in a violation of this Section 2.2 (e.g. Employee may continue
to work for that employer or its successor). 
If another company buys one of the 25 Clients/Prospects, that
acquisition and this Section 2.2 will not prohibit Employee from working for
the combined company.

2.3         Covenant Not To Hire or Solicit The
Company Employees. 
Employee covenants and agrees that throughout the one year period after
the date of this Release/Restrictive Covenant, Employee shall not directly or
indirectly, hire or solicit any the Company employees for the purpose of hiring
them or inducing them to leave employment at the Company.

 15
 

 

2.4         Remedies.  Employee acknowledges that the violation of
this Section 2 will cause irreparable harm to the Company and agrees that, in
addition to any other relief afforded by law, an injunction against any
violation of this Section 2 may issue against Employee.  Both damages and injunction shall be proper
modes of relief and are not alternative remedies for Employee’s violation of
this Section 2.  If the Company commences
any action in equity to specifically enforce any of its rights under this
Section 2, Employee waives and agrees not to assert the defense that The
Company has an adequate remedy at law.

3.             Rescission.  Employee has been
informed of Employee’s right to rescind this Release/Restrictive Covenant by
written notice to Company within fifteen (15) calendar days after the execution
of this Release/Restrictive Covenant. 
Employee has been informed and understands that any such rescission must
be in writing and delivered to Company (to the attention of the Corporate
Secretary) by hand or sent by mail within the 15-day time period.  If delivered by mail, the rescission must
be:  (1) postmarked within the applicable
period and (2) sent by certified mail, return receipt requested.

Employee understands that Company will have no
obligations under the Employment Agreement in the event a notice of rescission
by Employee is timely delivered, and, in the event Employee rescinds this
Release/Restrictive Covenant, Employee agrees to repay to Company any payments
made to Employee or benefits conferred upon him pursuant to Article IV of the
Employment Agreement prior to the date of rescission.

4.             Acceptance Period; Advice of Counsel.  The
terms of this Release/Restrictive Covenant will be open for acceptance by
Employee for a period of 21 days during which time Employee may consider
whether or not to accept this Release/Restrictive Covenant.  Employee agrees that changes to this
Release/Restrictive Covenant, whether material or immaterial, will not restart
this acceptance period.  Employee is
hereby advised to seek the advice of an attorney regarding this
Release/Restrictive Covenant.

5.             Binding Agreement.  This
Release/Restrictive Covenant shall be binding upon, and inure to the benefit
of, Employee and Company and their respective successors and permitted assigns.

6.             Representation.  Employee
hereby acknowledges and states that Employee has read this Release/Restrictive
Covenant.  Employee further represents
that this Release/Restrictive Covenant is written in language that is
understandable to Employee, that Employee fully appreciates the meaning of its
terms, and that Employee enters into this Release/Restrictive Covenant freely
and voluntarily.

IN
WITNESS WHEREOF,
Employee, after due consideration, has authorized, executed and delivered this
Release/Restrictive Covenant all as of the date first written above.

	
  

  	
   

  	
   

  
	
   

  	
  Robert A.
  Schriesheim

  

 

 16Exhibit
10.24

STOCK
OPTION AGREEMENT

LAWSON
SOFTWARE, INC.

1996 STOCK INCENTIVE PLAN

1.             Option Grant and
Option Exercise Price. Pursuant to the Lawson Software, Inc. 1996 Stock
Incentive Plan (the “Plan”), Lawson Software, Inc., a Delaware corporation (the
“Company”) grants to the participant (“Participant”) whose name is specified on
the Certificate of Stock Option Grant on the Salomon Smith Barney website at
www.benefitaccess.com (the “Certificate”), an option to purchase shares of
common stock (“Common Stock”) of the Company as follows:

The Company grants to Participant an option (the “Option” or “Stock
Option”) to purchase the number of full shares of Common Stock shown on the
Certificate (the “Shares”) at an exercise and purchase price in United States dollars
(the “Grant Price”) per Option Share equal to the Grant Price listed on the
Certificate (which is the closing price for the Common Stock on Nasdaq
(symbol:  LWSN) on the trading day
immediately preceding the Grant Date), subject to the terms and conditions set
forth in the Plan, this Stock Option Agreement (“Agreement”) and the
Certificate. The Grant Date of this Stock Option is stated on the Certificate. The
Option will be in effect commencing on the Grant Date and terminating on the
Grant Expiration Date listed on the Certificate (“Grant Expiration Date”) or
such earlier date and time described in this Agreement (the “Option Period”). This
Option is an “Incentive Stock Option (ISO)” or a “Nonqualified Stock Option
(NQ),” as identified on the Certificate under “Type of Stock Option.”

2.             Option Subject to
Plan; Definitions. This Stock Option and its exercise are subject to the
terms and conditions of the Plan, and the terms of the Plan shall control to
the extent not otherwise inconsistent with the provisions of this Agreement. This
Stock Option is subject to any rules promulgated pursuant to the Plan by the
Board of Directors of the Company or the Committee. The capitalized terms not
otherwise defined in this Agreement have the same meanings assigned to them in
the Plan.

2.1           The term “Cause”
means Termination of Participant’s Service initiated by the Company or its
Subsidiaries because of:  (1) if
Participant has entered into any written and executed contract(s) with the
Company or its Subsidiaries, any material breach by Participant of such
contract that has a material adverse effect on the Company or any Subsidiary
(as reasonably determined by the Company) and which is not or cannot reasonably
be cured within 10 days after written notice from the Company to Participant;
(2) any material violation by Participant of the Company’s or a Subsidiary’s
policies, rules or regulations that has a material adverse effect on the
Company or any Subsidiary (as reasonably determined by the Company) and which
is not or cannot be cured within 10 days after written notice from the Company
to Participant; (3) commission of any act of fraud, embezzlement or dishonesty
by Participant that is materially injurious to the Company or any Subsidiary
(as reasonably determined by the Company); (4) any other intentional misconduct
by Participant adversely affecting the business or affairs of the Company or
any Subsidiary in any material manner (as reasonably determined by the
Company); or (5) intentional or willful failure of Participant to perform
Participant’s

 

responsibilities under
any then current employment agreement between Participant and Company, other
than as a result of permitted leave of absence, vacation, injury or illness.

2.2           The term “Change
of Control Transaction” means (1) the closing of a tender offer or exchange
offer for the ownership of 50% or more of the outstanding voting securities of
the Company, (2) the Company shall have entered into a definitive agreement
with respect to a tender offer, exchange offer or merger, consolidation or
other business combination with another corporation and as a result of such
tender offer, exchange offer, merger, consolidation or combination 50% or fewer
of the outstanding voting securities of the surviving or resulting corporation
are owned in the aggregate by the former stockholders of the Company, other
than affiliates (within the meaning of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”)) of any party to such merger or consolidation, as
the same shall have existed immediately prior to such merger or consolidation,
(3) the Company shall have entered into a definitive agreement to sell
substantially all of its assets to another corporation which is not a direct or
indirect wholly owned Subsidiary of the Company, (4) a person, within the
meaning of Section 3(a)(9) or of Section 13(d)(3) (as in effect on the date of
this Agreement) of the Exchange Act, shall acquire 50% or more of the
outstanding voting securities of the Company (whether directly, indirectly, beneficially
or of record) (for purposes hereof, ownership of voting securities shall take
into account and shall include ownership as determined by applying the
provisions of Rule 13d-3(d)(1)(i) as in effect on the date of this Agreement)
pursuant to the Exchange Act, (5) approval by the stockholders of the Company
of a complete liquidation or dissolution of the Company, or (6) individuals who
constitute the Company’s Board of Directors on the date of this Agreement (the “Incumbent
Board”) cease for any reason to constitute at least a majority thereof,
provided that any person becoming a director subsequent to the date of this
Agreement whose election, or nomination for election by the Company’s
stockholders, was approved by a vote of at least 50% of the directors
comprising the Incumbent Board shall be, for purposes of this clause (6),
considered as though such person were a member of the Incumbent Board. The
definition of a “Change in Control” in the 1996 Stock Incentive Plan shall not
apply to this Stock Option.

2.3           The term “Disability”
means Participant’s permanent disability as defined under any long term
disability plan of the Company, or in the absence of such plan, the inability
of Participant, due to illness or injury, to substantially perform Participant’s
duties (after taking into account any reasonable accommodation required by the
Americans with Disabilities Act) for a period of at least 180 consecutive days.
Termination of Participant’s Service because of a permanent disability as
defined under any retirement plan of the Company or its Subsidiaries. The
determination of a Disability shall be based on competent medical opinion.

2.4           The term “Fair
Market Value” has the meaning described in Section 6 of the Plan.

2.5           The term “Good
Reason” means:  (1) Company effects a
material diminution of Participant’s duties or reporting responsibilities or a
diminution of Participant’s title of Chief Financial Officer of the Company;
(2) the failure by Company, or its successor, if any, to pay compensation or
provide benefits or perquisites to Participant as and when required; or (3) any
material breach by Company of any Employment Agreement between the Company and
Participant.

 

2.6           The term “Retirement”
means Termination of Participant’s Service (1) at or after age 55 provided
Participant has been employed by the Company or its Subsidiaries for at least
ten years or (2) at or after age 62.

2.8           The term “Subsidiary”
or “Subsidiaries” means any corporation at least a majority of whose securities
having ordinary voting power for the election of directors (other than
securities having such power only by reason of the occurrence of a contingency)
is at the time owned by the Company and/or one (1) or more Subsidiaries.

2.9           The term “Termination
of Participant’s Service” means the last day of Participant’s regular full time
or part time employment with the Company and its Subsidiaries.

3.             Vesting and
Acceleration of Vesting. Except as specifically provided in this Agreement
and the Plan, this Stock Option will vest and first become exercisable on the
respective vesting dates specified in the Certificate, but only if Participant
has at all times been a regular full time or part time employee of the Company
or any Subsidiary from the Grant Date to the applicable vesting date. Vested
Option Shares may be exercised and purchased during the Option Period, until
termination under Section 4 below. No vesting of the Option shall occur after
Termination of Participant’s Service, except only to the extent described in
Sections 3.1, 3.2, 3.3 or 3.4 below.

3.1           Automatic
100% Acceleration of Vesting Upon Death, Disability or Retirement. If there is a Termination of Participant’s
Service because of Participant’s death, Disability or Retirement, all
conditions of vesting will be assumed to have been met immediately before such
death, Disability or Retirement, and Participant or Participant’s estate will
have the right to exercise one hundred percent (100%) of the number of Shares
remaining under the Option, whether or not vested, during the applicable time
period in Section 4 below. If Termination of Participant’s Service is due to
death, Disability or Retirement, the acceleration of vesting under this Section
3.1 will be deemed to have occurred prior to such Termination of Participant’s
Service.

3.2           Automatic
100% Acceleration of Vesting if Options are Terminated In Connection with a
Change in Control Transaction.
If the Option is to be terminated upon the completion of a Change in Control
Transaction, then (i) all conditions of vesting will be assumed to have been
met for one hundred (100%) of the then current total unvested Option Shares and
(ii) Participant will have the right to exercise all vested Option Shares
during the applicable time period in Section 4 below. The acceleration of vesting
under this Section 3.2 will be deemed to have occurred immediately before the
completion of the Change in Control Transaction.

3.3           Automatic
100% Acceleration of Vesting Under Certain Conditions Within Two Years After a
Change in Control Transaction.
If within two years after the completion of a Change in Control Transaction,
there is a Termination of Participant’s Service initiated by the Company or any
Subsidiary (or successor) other than for Cause or by the Participant for Good
Reason, then (i) all conditions of vesting will be assumed to have been met for
one hundred (100%) of the then current total unvested Option Shares and (ii)
Participant will have the right to exercise all vested Option Shares during the
applicable time period in Section 4 below. The acceleration of vesting under
this Section 3.3 will be deemed to have occurred immediately before Termination
of Participant’s Service.

 

3.4           One
Year Acceleration of Vesting.
The vesting of the Option Shares shall be accelerated by one year upon any of
the following events:  (1) Termination of
Participant’s Service by the Company, other than for Cause and not within two
years after a Change of Control Transaction or (2) Termination of Participant’s
Service by Participant for Good Reason and not within two years after a Change
of Control Transaction.

3.5           Leave
of Absence. The Company’s
leave of absence procedure concerning stock options, that is in effect as of
the date of this Agreement, will also govern the vesting of the Option during a
Company approved leave of absence.

4.             Termination and
Forfeiture. The Stock Option, whether or not vested, automatically expires
at 5:00 p.m. United States Central Time on the Grant Expiration Date, unless
terminated on an earlier date as described in this Agreement or the Plan. No
vesting of the Stock Option shall occur after the date of Termination of
Participant’s Service and all such unvested Option Shares will be forfeited as
of 5:01 p.m. United States Central on the date of Termination of Participant’s
Service. The unexercised portion of the Stock Option that is vested will
automatically terminate and be forfeited at the first of the following to
occur:

(1)                                  5:00
p.m. United States Central Time on the date of Termination of Participant’s
Service initiated by the Company or any Subsidiary for Cause;

(2)                                  5:00
p.m. United States Central Time on the date that is six months after
Termination of Participant’s Service by for any reason or no reason, or by the
Company other than for Cause;

(3)                                  5:00
p.m. United States Central Time on the date that is six months after the date
of Termination of Participant’s Service due to death, Disability or Retirement;
or

(4)                                  5:00
p.m. United States Central Time on the Grant Expiration Date.

5.             No Fractional
Shares. This Stock Option may be exercised only in whole Shares and not
fractional Shares. Any fraction of a Share that would otherwise vest on any
vesting date will be rounded down to the nearest whole Share.

6.             Manner of Exercise.
Before the end of the Option Period, this Stock Option may be exercised only by
Participant (or by Participant’s guardian or legal representative, or by
Participant’s estate (if Participant is deceased)) up to the extent then vested
and exercisable by delivering to the Company’s stock option administrator an
irrevocable notice of exercise in the form required by the Company. The notice
of exercise shall state the number of Shares for which the Option is being
exercised and shall be accompanied by payment in full of the Grant Price for
those Shares (under Section 7 below) and applicable tax withholdings (under
Section 10 below).

7.             Payment of Grant
Price. Participant may pay the Grant Price by wire transfer or check (bank
check, certified check or personal check) or by delivering to the Company for
cancellation, in accordance with the rules of the Committee, shares of Common
Stock which have a Fair Market Value in United States dollars equal to the
Grant Price and which either (i) were purchased on a national stock exchange or
on the NASDAQ NMS system or (ii) have been issued and outstanding more than six
months. The Grant Price is payable in United States dollars. Subject to the
Company’s approval, Participant may also pay the Grant Price by having it
delivered to the Company in cash from a broker, dealer or other “creditor” as
defined in Regulation T issued by the Board of Governors of the Federal Reserve
System following delivery

 

by the Participant to the
Company of instructions in a form acceptable to the Company regarding delivery
to such broker, dealer or other creditor of that number of shares of Common
Stock with respect to which the Stock Option is exercised.

8.             Delivery of Shares.
The Company will deliver to Participant the Shares (either in certificate or
electronic form as requested by Participant) promptly after proper exercise of
the Option and receipt of the Grant Price and applicable tax withholdings. Notwithstanding
any provision in this Agreement to the contrary, the obligation of the Company
to deliver Shares is subject to the condition that if at any time the Committee
shall determine in its discretion that the listing, registration, or
qualification of the Stock Option or the Shares upon any securities exchange or
under any state or federal law, or the consent or approval of any governmental
regulatory body, is necessary as a condition of, or in connection with, the
Stock Option or the issuance or purchase of Shares thereunder, then the Stock
Option may not be exercised in whole or in part unless such listing,
registration, qualification, consent or approval shall have been effected or
obtained free of any conditions not reasonably acceptable to the Committee.

9.             Tax Requirements
for Incentive Stock Options; Disqualifying Disposition. This Section 9 will
apply only if this Stock Option is identified as an Incentive Stock Option or
ISO on the Certificate. If this Section 9 applies, then subject to the
provisions of the Plan, this Stock Option is an Incentive Stock Option. To the
extent the number of Shares exceeds the limit set forth in Section 4 of the
Plan, such Shares shall be deemed granted pursuant to a Nonqualified Stock
Option. In such event, then unless otherwise indicated by Participant in the
notice of exercise pursuant to Section 6 above, upon any exercise of this Stock
Option, the number of exercised Shares that shall be deemed to be exercised
pursuant to an Incentive Stock Option shall equal the total number of Shares so
exercised multiplied by a fraction, (a) the numerator of which is the number of
unexercised Option Shares that could then be exercised pursuant to an Incentive
Stock Option and (b) the denominator of which is the then total number of
unexercised Option Shares that could then be exercised. If Common Stock
acquired upon exercise of this Stock Option is disposed of by Participant in a “Disqualifying
Disposition,” such Participant shall notify the Company in writing within 30
days after such disposition of the date and terms of such disposition. For
purposes hereof, “Disqualifying Disposition” means a disposition of Common
Stock that is acquired upon the exercise of an Incentive Stock Option prior to
the expiration of either two years from the Grant Date of such Incentive Stock
Option or one year from the transfer of Shares to Participant pursuant to the
exercise of such Incentive Stock Option. If a Disqualifying Disposition occurs,
the tax requirements described in Section 10 will apply.

10.           Tax Requirements and
Withholdings for Nonqualified Stock Options. This Section 10 will apply
only if this Stock Option is identified as a Nonqualified Stock Option or NQ on
the Certificate or is considered a Nonqualified Stock Option under Section 9
above. In order to provide the Company and its Subsidiaries with the
opportunity to claim the benefit of any income tax deduction in any
jurisdiction which may be available to it upon the exercise of the Nonqualified
Stock Option, and in order to comply with all applicable income tax laws or
regulations of any applicable country, state or other jurisdiction, the Company
and its Subsidiaries may take such action as it deems appropriate to ensure
that, if necessary, all applicable payroll, withholding, income, NIC or other
taxes (of any applicable country, state or other jurisdiction) are withheld or
collected from Participant. Participant may elect to satisfy Participant’s
minimum income tax withholding obligations under such laws or regulations upon
exercise of the Option by (i) paying that amount by wire transfer or check
(bank check, certified check or personal check), (ii) having the Company or its
Subsidiaries withhold a portion of the shares of Shares otherwise to be
delivered upon exercise of such Option having a Fair Market

 

Value in United States
dollars (on the date of exercise of Option) equal to the minimum amount of such
taxes required to be withheld on such exercise, in accordance with the rules of
the Committee, or (iii) delivering to the Company for cancellation, in
accordance with the rules of the Committee, shares of Common Stock which have a
Fair Market Value equal to such tax withholdings and which either (a) were
purchased on a national stock exchange or on the NASDAQ NMS system or (b) have
been issued and outstanding more than six months. The Company may, at its
discretion, require Participant to pay the withholding taxes under clause (i)
above in lieu of the alternatives in clauses (ii) or (iii) above.

11.           Investment
Representation. Unless the Common Stock is issued to Participant in a
transaction registered under applicable federal and state securities laws,
Participant represents and warrants to the Company that all Common Stock which
may be purchased hereunder will be acquired by Participant for investment
purposes for Participant’s own account and not with any intent for resale or
distribution in violation of federal or state securities laws. Unless the
Common Stock is issued to Participant in a transaction registered under the
applicable federal and state securities laws, all certificates issued with
respect to the Common Stock shall bear an appropriate restrictive investment
legend.

12.           Impact
on Employment Status. This Agreement, the
Certificate and the Plan are not an employment contract. Nothing contained in
this Agreement, the Certificate or the Plan shall confer on Participant any
right to continue in the employ of the Company or any Subsidiary or other
affiliate of the Company or affect in any way the right of the Company or any
Subsidiary or other affiliate to terminate the employment of Participant at any
time.

13.           Adjustments. In
the event of any stock split, stock dividend, recapitalization or combination
of shares by the Company after the Grant Date, the number of Shares subject to
the Option and the Grant Price per Share shall be equitably adjusted in the
same manner as the outstanding shares of Common Stock, in accordance with the
rules of the Committee. The number of Option Shares designated in the
Certificate has been adjusted for all stock splits that were effective before
the Grant Date.

14.           Non-Transferability
of Option. This Stock Option is not assignable or transferable by
Participant except by will or by the laws of descent and distribution.

15.           Consent to Internal
Use of Personal Data. Participant consents to the Company’s and its
Subsidiaries’ (and the Company’s stock option administrator) receiving and
using personal data related to Participant for employment-related purposes only
and for gathering and making required reports to government authorities.

15.           No Right of Future
Stock Option Grants. Nothing contained in this Agreement, the Certificate
or the Plan shall confer on Participant any right to receive any additional
stock options in the future from the Company, Subsidiary or any other affiliate
of the Company or affect in any way the right of the Company, Subsidiary or any
other affiliate to terminate the granting of stock options at any time.

16.           Interpretation
of Terms; General. The Committee shall
interpret the terms of the Option and this Agreement, the Certificate and Plan
and all determinations shall be final and binding. The Option and this
Agreement, the Certificate and Plan (1) are governed by the laws of the State
of Minnesota, (2) may be amended only in writing, signed by an executive
officer of the Company, and (3) supersede any other verbal or written agreements
or representations

 

concerning the Option.

17.           Official Language.
The official language of the Option and this Agreement, the Certificate and
Plan is English. Documents or notices not originally written in English shall
have no effect until they have been translated into English, and the English
translation shall then be the prevailing form of such documents or notices. Any
notices or other documents required to be delivered to the Company (or stock
option administrator) under this Notice, shall be translated into English, at
Participant’s expense, and provided promptly to the Company in English (to the
attention of the Company’s Corporate Secretary). The Company may also request
an untranslated copy of such documents.

 

18.           Signature and
Validity. An executive officer of the Company has signed this Agreement
electronically on behalf of the Company. The Participant is deemed to have
signed this Agreement and agreed to all of its terms by having electronically
indicated Participant’s acceptance and agreement on the Certificate on the
Salomon Smith Barney website at www.benefitaccess.com. If there is any
discrepancy between the number of Option Shares shown in the Certificate and
the number shown in the records of the Company’s Corporate Secretary, the
records of the Company’s Corporate Secretary shall prevail.

	
  Lawson Software, Inc.

  
	
   

  
	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Harry Debes,

  
	
   

  	
   

  	
  Chief Executive Officer

  
	
   

  
	
   

  
	
  Confirmed and Agreed to:

  
	
   

  
	
   

  
	
   

  	
   

  
	
  Robert A. Schriesheim,

  
	
  Dated: 
  October 5, 2006

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