Document:

EX-10.11

 Exhibit 10.11 

SILVERBACK ENTERPRISE GROUP, INC. 

January 10, 2013 
 Brian Henley 

3511 Riva Ridge 
 Cove Austin, Tx 

78746 
 Dear Brian Henley: 

I am pleased to offer you a position with Silverback Enterprise Group, Inc. (the “Company”), as a Managing Director. If you decide to
join us, you will receive a monthly salary of $10,000.00 starting January 1, 2013, which will be paid semi-monthly in accordance with the Company’s normal payroll procedures. In addition, you will receive a monthly non-recourse draw
of $4,166.67 for up to your first twelve (12) months tied to your first Acquisition. For purposes of this offer letter, Acquisition will be defined as a business acquired by the Company having at least $5 million of trailing twelve months total
GAAP revenue. The Company may choose to alter the definition of an Acquisition to include a business with less revenue if we deem that business to have a unique strategic or financial value. Upon the first Acquisition, any remaining balance of the
$50,000 “success fee” owed to you less cumulative draws to that date will be paid to you in the form of a bonus. Similarly, but without draws, a bonus of $60,000 will be paid upon the second Acquisition, Similarly, and still without draws,
a bonus of $70,000 will be paid upon the third Acquisition. Finally, and still without draws, a bonus of $80,000 will be paid upon the fourth Acquisition, but for this fourth Acquisition, the definition of Acquisition will be amended to increase the
minimum acquired business trailing twelve months total GAAP revenue from $5 million to $10 million. 
 As an employee, you will also be eligible to receive
certain employee benefits. You will also be eligible to participate in any new equity-based plan adopted by the Company at a level appropriate for your role and responsibilities within the Company as determined by management. We will propose an
initial option grant of 212,160 shares of Common Stock to the Board for approval with a Vesting Commencement Date of January 1, 2013 (consistent with your employment start date), and ten percent (10%) of the shares subject to the Option
shall vest on the first anniversary of the Vesting Commencement Date, then twenty percent (20%) of the shares subject to the Option shall vest in equal twelve (12) installments on the corresponding day of each month (or if there is no
corresponding day in any such month, on the last day of such month) over the period from the first anniversary of the Vesting Commencement Date to the second anniversary of the Vesting Commencement Date, then thirty percent (30%) of the shares
subject to the Option shall vest in equal twelve (12) installments on the corresponding day of each month (or if there is no corresponding day in any such month, on the last day of such month) over the period from the second anniversary of the
Vesting Commencement Date to the third anniversary of the Vesting Commencement Date, then the remaining Forty percent (40%) of the shares subject to the Option shall vest in equal twelve (12) installments on the corresponding day of each
month (or if there is no corresponding day in any such month, on the last day of such month) over the period from the third anniversary of the Vesting Commencement Date to the 

 Brian Henley 

January 10, 2013 
 Page 2 

 

 
fourth anniversary of the Vesting Commencement Date, and all of the vesting, as described above, is subject to you continuing to be an employee through each such date. You should note that the
Company may modify job titles, salaries and benefits from time to time as it deems necessary. 
 The Company is excited about your joining
and looks forward to a beneficial and productive relationship. Nevertheless, you should be aware that your employment with the Company is for no specified period and constitutes at-will employment. As a result, you are free to resign at any time,
for any reason or for no reason. Similarly, the Company is free to conclude its employment relationship with you at any time, with or without cause, and with or without notice. We request that, in the event of resignation, you give the Company at
least two weeks notice. 
 The Company reserves the right to conduct background investigations and/or reference checks on all of its
potential employees. Your job offer, therefore, is contingent upon a clearance of such a background investigation and/or reference check, if any. 

For purposes of federal immigration law, you will be required to provide to the Company documentary evidence of your identity and eligibility
for employment in the United States. Such documentation must be provided to us within three (3) business days of your date of hire, or our employment relationship with you may be terminated. 

We also ask that, if you have not already done so, you disclose to the Company any and all agreements relating to your prior employment or
other business activities that may affect your eligibility to be employed by the Company or limit the manner in which you may be employed. It is the Company’s understanding that any such agreements will not prevent you from performing the
duties of your position and you represent that such is the case. Moreover, you agree that, during the term of your employment with the Company, you will not engage in any other employment, occupation, consulting or other business activity directly
related to the business in which the Company is now involved or becomes involved during the term of your employment, nor will you engage in any other activities that conflict with your obligations to the Company. Similarly, you agree not to bring
any third party confidential information to the Company, including that of your former employer, and that in performing your duties for the Company you will not in any way utilize any such information. 

As a condition of your employment, you are also required to sign and comply with an Employee Proprietary Information Agreement which requires,
among other provisions, the assignment of patent rights to any invention made during your employment at the Company, a restriction on your ability to engage in competitive activities, and non-disclosure of Company proprietary information. In the
event of any dispute or claim relating to or arising out of our employment relationship, you and the Company agree that (i) any and all disputes between you and the Company shall be fully and finally resolved by binding arbitration,
(ii) you are waiving any and all rights to a jury trial but all court remedies will be available in arbitration, (iii) all disputes shall be resolved by a neutral arbitrator who shall issue a written opinion, (iv) the arbitration
shall provide for adequate discovery, and (v) the Company shall pay all but the first $300 of the arbitration fees. Please note that we must receive your signed Agreement before your first day of employment. 

To memorialize your accept the Company’s offer, please sign and date this letter in the space provided below. A duplicate original is
enclosed for your records. If you accept our offer, your first day of employment will be Tuesday, January 1, 2013. This letter, along with any agreements relating to proprietary rights between you and the Company, set forth the

 Brian Henley 

January 10, 2013 
 Page 3 

 

 
terms of your employment with the Company and supersede any prior representations or agreements including, but not limited to, any representations made during your recruitment, interviews or
pre-employment negotiations, whether written or oral. This letter, including, but not limited to, its at-will employment provision, may not be modified or amended except by a written agreement signed by an officer of the Company and you. This offer
of employment will terminate if it is not accepted, signed and returned by Friday, January 11, 2013. 
 We look forward to your
favorable reply and to working with you at Silverback Acquisition Corporation. 
  

	
	Sincerely,
	
	/s/ Michael Hill
	 Michael Hill
 CFO

  

			
	Agreed to and accepted:
		
	Signature:	 	/s/ Brian Henley
	Printed Name: Brian Henley
	Date: 1/10/13

 Enclosures: 
 Duplicate Original
Letter 
 Employee Proprietary Information AgreementEX-10.11.1

 Exhibit 10.11.1 

UPLAND SOFTWARE, INC. 

EXECUTIVE EMPLOYMENT AGREEMENT 

This Executive Employment Agreement (the “Agreement”) is entered into as of July 25, 2014 (the “Effective
Date”) by and between Upland Software, Inc., a Delaware corporation (the “Company”), and R. Brian Henley (“Executive”). 

RECITALS 
 WHEREAS, the
Company and Executive desire to memorialize the terms of employment of Executive as of the Effective Date. 
 AGREEMENT 

NOW, THEREFORE, in consideration of the premises and mutual covenants herein and for other good and valuable consideration, the parties agree
as follows: 
 1. Duties and Scope of Employment. 

(a) Positions and Duties. As of the Effective Date, Executive will continue to serve as Executive Vice President of Corporate
Development & M&A of the Company. The period of Executive’s employment under this Agreement is referred to herein as the “Employment Term.” During the Employment Term, Executive will render such business and
professional services in the performance of Executive’s duties as are customarily associated with Executive’s positions within the Company and Executive agrees to perform such other duties and functions as shall from time to time be
reasonably assigned or delegated by the Company’s Chief Executive Officer (the “CEO”). 
 (b) Obligations.
During the Employment Term, Executive will perform Executive’s duties faithfully and to the best of Executive’s ability and will devote Executive’s full business efforts and time to the Company. During the Employment Term,
Executive agrees to devote substantially all of his business time to the Company and shall not engage in any other material employment, occupation or consulting activity with material remuneration without the prior written consent of the CEO. 

2. At-Will Employment. Executive and the Company agree and acknowledge Executive’s employment with the Company constitutes
“at-will” employment. Executive and the Company further agree and acknowledge that this employment relationship (and the Employment Term) may be terminated at any time, with or without cause or good reason, at the option of either
Executive or the Company. Executive understands and agrees that neither Executive’s job performance nor promotions, commendations, bonuses or the like from the Company give rise to or in any way serve as the basis for modification, amendment,
or extension, by implication or otherwise, of Executive’s employment with the Company. 

 3. Compensation. 

(a) Base Salary. During the Employment Term, the Company will pay Executive as compensation for Executive’s services a base salary
at the annualized rate of $125,000 (the “Base Salary”). The Base Salary will be paid in regular installments in accordance with the Company’s normal payroll practices (subject to required withholding). During the Employment
Term, Executive’s compensation shall be reviewed by the CEO from time to time and at least once every 12 months. Any increase or decrease in Base Salary (together with the then existing Base Salary) shall serve as the “Base Salary”
under this Agreement. The first and last payment will be adjusted, if necessary, to reflect a commencement or termination date other than the first or last working day of a pay period. 

(b) Bonus. During the Employment Term, Executive will be eligible to receive bonus payments upon the closing of the Company’s
acquisitions. The Bonus calculation for the 2014 calendar year is outlined in Exhibit A. Future year bonuses to be approved by the CEO and Executive will be finalized in January of each calendar year based upon the Company’s annual acquisition
targets as represented by subsequent addenda to this Agreement. 
 (c) Equity. Executive shall be entitled to receive an additional
grant of 250,000 shares of restricted stock of the Company (the “Award”) subject to approval of the Board and the terms and conditions set forth in the Company’s 2010 Equity Incentive Plan and a Restricted Stock Purchase
Agreement issued thereunder (the “Purchase Agreement”). The Purchase Agreement shall include a three year vesting schedule pursuant to which and twenty percent (20%) of the shares subject to the Award shall vest on the first
anniversary of the Effective Date, then forty percent (40%) of the shares subject to the Award shall vest in equal twelve (12) installments on the corresponding day of each month (or if there is no corresponding day in any such month, on the
last day of such month) over the period from the first anniversary of the Effective Date to the second anniversary of the Effective Date, then forty percent (40%) of the shares subject to the Award shall vest in equal twelve
(12) installments on the corresponding day of each month (or if there is no corresponding day in any such month, on the last day of such month) over the period from the second anniversary of the Effective Date to the third anniversary of the
Effective Date, and in each case above, all of the vesting, is subject to Executive continuing to be an employee through each such date. 

4. Employee Benefits. During the Employment Term, Executive will be entitled to participate in the employee benefit plans currently and
hereafter maintained by the Company of general applicability to other senior executives of the Company. The Company reserves the right to cancel or change the benefit plans and programs it offers to its employees at any time. 

5. Vacation. Executive will be entitled to paid vacation generally applicable to the senior executives of the Company, in accordance
with the Company’s vacation policy. 
 6. Business Expenses. During the Employment Term, the Company will reimburse Executive
for reasonable travel, entertainment and other expenses incurred by Executive in the furtherance of or in connection with the performance of Executive’s duties hereunder, in accordance with the Company’s expense reimbursement policy as in
effect from time to time (the “Expense Reimbursement”). 

  
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 7. Severance. 

(a) For Cause Termination by the Company; Voluntary Termination without Good Reason by Executive. If the Company terminates
Executive’s employment for Cause or if Executive terminates Executive’s employment voluntarily without Good Reason, then Executive will (i) receive the earned but unpaid compensation and earned but unpaid Bonus through the date of
termination, (ii) any accrued but unpaid vacation pay for the fiscal year during which the termination occurs and Expense Reimbursement and (iii) not receive any other compensation or benefits from the Company except as may be required by
law or in accordance with established Company plans and policies; provided, however, nothing herein shall be deemed to alter or affect Executive’s vested rights in any pension, 401(k) or other benefit plan with the Company, if any. 

(b) Termination Without Cause by the Company; Termination For Good Reason by Executive. If the Company terminates Executive’s
employment without Cause or if Executive terminates Executive’s employment for Good Reason, then Executive shall be entitled to receive (i) any earned but unpaid compensation, earned but unpaid Bonus, and accrued but unpaid vacation pay
and any Expense Reimbursement, (ii) severance in the form of continuation of Executive’s Base Salary in effect on the effective date of termination for a period determined by multiplying (i) four (4) weeks by (ii) the number
of years of service to the Company at the time of termination (up to a maximum of fifty two (52) weeks of severance)(such time period, the “Severance Period”), after the date of such termination to be paid periodically in
accordance with the Company’s normal payroll practices, (iii) the vesting of all outstanding shares of restricted stock and the shares underlying all options issued to the Executive shall accelerate as if the Executive had remained a
service provider until the first anniversary of the date of termination, and (iv) reimbursement of any health care benefit continuation premiums during the Severance Period, provided Executive timely elects continuation of coverage under COBRA
or applicable state law; provided, however, that Executive’s right to receive the amounts set forth in clauses (ii), (iii) and (iv) above shall be conditioned upon Executive’s and Executive’s wife’s execution and
delivery (without revocation) of a general release of claims in favor of the Company and affirmation of Executive’s other continuing obligations dated as of the date of termination; provided, further, that such COBRA premium
reimbursements set forth in clause (iii) shall terminate upon commencement of new employment by an employer that offers health care coverage to its employees and Executive shall be required to notify the Company of such other employment prior
to the effective date thereof. Notwithstanding the foregoing, upon Executive’s material breach of this Agreement or the Proprietary Information Agreement (as defined in Section 11), the Company shall no longer be obligated to pay any amounts
set forth in clauses (ii) and (iii), and Executive shall not be entitled to receive any further monthly installments of the severance payments set forth in clauses (ii) and (iii). 

(c) Section 409A. 
 (i)
Notwithstanding anything to the contrary in this Agreement, if Executive is a “specified employee” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and the final
regulations and any guidance promulgated thereunder (“Section 409A”) at the time of Executive’s termination (other than due to death), and the severance payable to Executive, if any, pursuant to this Agreement, when considered
together with any other severance payments or separation benefits that are considered deferred compensation under Section 409A (together, the “Deferred Compensation Separation Benefits”) that are payable within the first six
(6) months following Executive’s termination of employment, will become payable on the first payroll date that occurs on or after the date six (6) months and one (1) day following the date of Executive’s termination of
employment. All subsequent Deferred 

  
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Compensation Separation Benefits, if any, will be payable in accordance with the payment schedule applicable to each payment or benefit. Notwithstanding anything herein to the contrary, if
Executive dies following his termination but prior to the six (6) month anniversary of his termination, then any payments delayed in accordance with this paragraph will be payable in a lump sum as soon as administratively practicable after the
date of Executive’s death and all other Deferred Compensation Separation Benefits will be payable in accordance with the payment schedule applicable to each payment or benefit. Each payment and benefit payable under this Agreement is intended
to constitute separate payments for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations. 
 (ii) Any amount paid under the
Agreement that satisfies the requirements of the “short-term deferral” rule set forth in Section 1.409A-l(b)(4) of the Treasury Regulations shall not constitute Deferred Compensation Separation Benefits for purposes of Section 7(c)(i)
above. 
 (iii) Any amount paid under the Agreement that qualifies as a payment made as a result of an involuntary separation from service
pursuant to Section 1.409A-1(b)(9)(iii) of the Treasury Regulations that does not exceed the Section 409A Limit shall not constitute Deferred Compensation Separation Benefits for purposes of Section 7(c)(i) above. For purposes of this
Section 7(c), “Section 409A Limit” will mean the lesser of two (2) times: (A) Executive’s annualized compensation based upon the annual rate of pay paid to Executive during the Company’s taxable year preceding
the Company’s taxable year of Executive’s termination of employment as determined under Treasury Regulation 1.409A-l(b)(9)(iii)(A)(l) and any Internal Revenue Service guidance issued with respect thereto; or (B) the maximum amount
that may be taken into account under a qualified plan pursuant to Section 401(a)(l7) of the Code for the year in which Executive’s employment is terminated. 

8. Death or Disability. The Employment Term and Executive’s employment shall terminate upon Executive’s death or Disability.
Upon termination of Executive’s employment for either death or Disability, Executive or Executive’s estate, as the case may be, shall be entitled to receive any earned but unpaid compensation, earned but unpaid Bonus, and accrued but
unpaid vacation pay and any Expense Reimbursement. Upon termination of Executive’s employment due to death or Disability pursuant to this Section 8, Executive or Executive’s estate, as the case may be, shall have no further rights to
any compensation or any other benefits under this Agreement. All other benefits, if any, due Executive following Executive’s termination for death or Disability shall be determined in accordance with established Company plans and practices.

 9. Limitation on Payments. In the event that the severance and other benefits provided for in this Agreement or otherwise payable
to Executive (i) constitute “parachute payments” within the meaning of Section 280G of the Code and (ii) but for this Section 9, would be subject to the excise tax imposed by Section 4999 of the Code, then
Executive’s severance and other benefits will be either: (i) delivered in full, or (ii) delivered as to such lesser extent which would result in no portion of such severance and other benefits being subject to excise tax under
Section 4999 of the Code, whichever of the foregoing amounts, taking into account the applicable federal, state and local income taxes and the excise tax imposed by Section 4999, results in the receipt by Executive on an after-tax basis,
of the greatest amount of severance and other benefits, notwithstanding that all or some portion of such severance and other benefits may be taxable under Section 4999 of the Code. Unless the Company and Executive otherwise agree in writing,
any determination required under 

  
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this Section 9 will be made in writing by the Company’s independent public accountants immediately prior to a Change of Control (the “Accountants”), whose determination will
be conclusive and binding upon Executive and the Company for all purposes. For purposes of making the calculations required by this Section 9, the Accountants may make reasonable assumptions and approximations concerning applicable taxes and
may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the Code. The Company and Executive shall furnish to the Accountants such information and documents as the Accountants may reasonably request
in order to make a determination under this Section 9. The Company shall bear all costs the Accountants may reasonably incur in connection with any calculations contemplated by this Section 9. In the event the Accountants determine that
this Section 9 requires a reduction in Executive’s severance or other benefits, the reduction will occur in the following order: reduction of cash payments; reduction of employee benefits; cancellation of accelerated vesting of equity awards;
cancellation of equity awards that are considered to be contingent upon the Change of Control transaction. If Executive fails to make an appropriate reduction election within the reasonable time period determined by the Board, in its sole
discretion, the order of reduction shall be determined by the Board. 
 10. Definitions. 

(a) Change of Control. For purposes of this Agreement, “Change of Control” means (X) the acquisition of the
Company by another entity by means of any transaction or series of related transactions (including, without limitation, any merger, consolidation or other form of reorganization in which outstanding shares of the Company are exchanged for securities
or other consideration issued, or caused to be issued, by the acquiring entity or its subsidiary, but excluding any transaction effected primarily for the purpose of changing the Company’s jurisdiction of incorporation), unless the
Company’s stockholders of record as constituted immediately prior to such transaction or series of related transactions will, immediately after such transaction or series of related transactions hold at least a majority of the voting power of
the surviving or acquiring entity or (Y) a sale of all or substantially all of the assets of the Company. 
 (b) Cause. For
purposes of this Agreement, “Cause” means (i) Executive’s willful failure to perform the duties and obligations of Executive’s position with the Company; (ii) any act of personal dishonesty, fraud or
misrepresentation taken by Executive which was intended to result in substantial gain or personal enrichment of Executive at the expense of the Company; (iii) Executive’s violation of a federal or state law or regulation applicable to the
Company’s business which violation was or is reasonably likely to be injurious to the Company; (iv) Executive’s conviction of, or plea of nolo contendere or guilty to, a felony under the laws of the United States or any State,
excluding felonies for minor traffic violation and vicarious liability (so long as Executive did not know of the felony and did not willfully violate the law); or (v) Executive’s material breach of the terms of this Agreement or the
Proprietary Information Agreement (as defined in Section 11). 
 (c) Good Reason. For purposes of this Agreement, “Good
Reason” means, (i) without Executive’s consent, a material reduction of Executive’s duties or responsibilities relative to Executive’s duties or responsibilities as in effect immediately prior to such reduction;
provided, however, any reduction in Executive’s duties or responsibilities resulting solely from the Company being acquired by and made a part of a larger entity (as, for example, when a chief executive officer becomes an employee
of the acquiring corporation following a Change of Control but is not the chief 

  
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executive officer of the acquiring corporation) shall not constitute Good Reason; (ii) without Executive’s written consent, a material reduction in the Base Salary of Executive as in
effect immediately prior to such reduction, unless such reduction is part of a reduction in expenses generally affecting senior executives of the Company; (iii) without Executive’s consent, a material reduction by the Company in the kind
or level of employee benefits to which Executive was entitled immediately prior to such reduction, with the result that Executive’s overall benefits package is materially reduced, unless such reduction is part of a reduction in benefits
generally affecting senior executives of the Company or (iv) without Executive’s consent, his relocation to a facility or a location more than fifty (50) miles from his present working locations (currently Austin, Texas). Good Reason
shall not exist unless Executive provides (i) notice to the Company within ninety (90) days of the initial existence of the condition triggering Good Reason and (ii) the Company the opportunity of at least thirty (30) days to
cure such condition. 
 (d) Disability. For purposes of this Agreement, “Disability” means Executive’s
inability to perform Executive’s duties due to Executive’s physical or mental incapacity, as reasonably determined by the Board or its designee, for an aggregate of 180 days in any 365 consecutive day period. 

11. Confidential Information. Executive confirms Executive’s obligations under the Employee Proprietary Information Agreement
entered into by the Company and Executive on or about January 10, 2013 (the “Proprietary Information Agreement”), including, without limitation, provisions prohibiting (a) disclosure of confidential information,
(b) solicitation of company employees, and (c) competition with the Company, each as more fully set forth in the Proprietary Information Agreement. 

12. Assignment. This Agreement will be binding upon and inure to the benefit of (a) the heirs, executors and legal representatives
of Executive upon Executive’s death and (b) any successor of the Company. Any such successor of the Company will be deemed substituted for the Company under the terms of this Agreement for all purposes. For this purpose,
“successor” means any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly or indirectly acquires all or substantially all of the assets or business of the Company. None
of the rights of Executive to receive any form of compensation payable pursuant to this Agreement may be assigned or transferred except by will or the laws of descent and distribution. None of the obligations of Executive under this Agreement may be
assigned or transferred. Any other attempted assignment, transfer, conveyance or other disposition of Executive’s right to compensation or other benefits will be null and void. 

13. Notices. All notices, requests, demands and other communications called for under this Agreement shall be in writing and shall be
delivered personally by hand or by courier, mailed by United States first-class mail, postage prepaid, or sent by facsimile directed to the party to be notified at the address or facsimile number indicated for such party on the signature page to
this Agreement, or at such other address or facsimile number as such party may designate by ten (10) days’ advance written notice to the other parties hereto. All such notices and other communications shall be deemed given upon personal
delivery, three (3) days after the date of mailing, or upon confirmation of facsimile transfer. 
 14. Severability. In the
event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this Agreement will continue in full force and effect without said provision. 

  
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 15. Confidentiality. During the Employment Term and thereafter, Executive agrees to use
Executive’s best efforts to maintain in confidence the existence of this Agreement, the contents and terms of this Agreement, including any documents incorporated by reference, the consideration for this Agreement, any Company proprietary
information, technical data, trade secrets or know-how, including, but not limited to, research, product plans, products, services, customer lists and customers (including, but not limited to, customers of the Company on whom Executive called or
with whom Executive became acquainted during the term of the Employment Term), markets, software, developments, inventions, processes, formulas, technology, designs, drawings, engineering, hardware configuration information, marketing, finances or
other business information disclosed to Executive by the Company either directly or indirectly in writing or orally (hereinafter collectively referred to as “Employment Information”). Executive agrees to take every reasonable
precaution to prevent disclosure of any Employment Information to third parties, and agree that there will be no publicity, directly or indirectly, concerning any Employment Information. 

16. Arbitration. 
 (a)
Executive agrees that any dispute or controversy arising out of, relating to, or in connection with this Agreement, or the interpretation, validity, construction, performance, breach, or termination thereof, shall be settled by binding arbitration
to be held in Austin, Texas in accordance with the National Rules for the Resolution of Employment Disputes then in effect of the American Arbitration Association (the “Rules”). The arbitrator may grant injunctions or other relief
in such dispute or controversy. The decision of the arbitrator will be final, conclusive and binding on the parties to the arbitration. Judgment may be entered on the arbitrator’s decision in any court having jurisdiction. 

(b) The arbitrator(s) will apply Texas law to the merits of any dispute or claim, without reference to rules of conflicts of law. The
arbitration proceedings will be governed by federal arbitration law and by the Rules, without reference to state arbitration law. Executive hereby consents to the personal jurisdiction of the state and federal courts located in Texas for any action
or proceeding arising from or relating to this Agreement or relating to any arbitration in which the parties are participants. 
 (c)
EXECUTIVE HAS READ AND UNDERSTANDS THIS SECTION, WHICH DISCUSSES ARBITRATION. EXECUTIVE UNDERSTANDS THAT BY SIGNING THIS AGREEMENT, EXECUTIVE AGREES TO SUBMIT ANY CLAIMS ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH THIS AGREEMENT, OR THE
INTERPRETATION, VALIDITY, CONSTRUCTION, PERFORMANCE, BREACH OR TERMINATION THEREOF TO BINDING ARBITRATION, AND THAT THIS ARBITRATION CLAUSE CONSTITUTES A WAIVER OF EXECUTIVE’S RIGHT TO A JURY TRIAL AND RELATES TO THE RESOLUTION OF ALL DISPUTES
RELATING TO ALL ASPECTS OF THE EMPLOYER/EMPLOYEE RELATIONSHIP, INCLUDING BUT NOT LIMITED TO, DISCRIMINATION CLAIMS. 

  
 -7- 

 17. Term. The term of this Agreement shall commence on the Effective Date and continue
until the earlier of (i) the third anniversary of the Effective Date, or (ii) or the end of the Employment Term. Notwithstanding the foregoing, Sections 2 and 7 – 21 of this Agreement shall survive any such termination or expiration.

 18. Integration. This Agreement, together with the Purchase Agreement (and any other option or purchase agreements outstanding on
the Effective Date) and the Proprietary Information Agreement, represents the entire agreement and understanding between the parties as to the subject matter herein and supersedes all prior or contemporaneous agreements whether written or oral. To
the extent that any provision of the Proprietary Information Agreement conflicts with a provision of this Agreement, this Agreement shall control. No waiver, alteration or modification of any of the provisions of this Agreement will be binding
unless in writing and signed by duly authorized representatives of the parties hereto. 
 19. Tax Withholding. All payments made
pursuant to this Agreement will be subject to withholding of applicable taxes. 
 20. Governing Law; Consent to Personal Jurisdiction.
THIS AGREEMENT WILL BE GOVERNED BY THE LAWS OF THE STATE OF TEXAS WITHOUT REGARD FOR CONFLICTS OF LAWS PRINCIPLES. SUBJECT TO THE ARBITRATION PROVISION IN SECTION 16, I HEREBY EXPRESSLY CONSENT TO THE PERSONAL JURISDICTION OF THE STATE AND
FEDERAL COURTS LOCATED IN TEXAS FOR ANY LAWSUIT FILED THERE AGAINST ME BY THE COMPANY CONCERNING MY EMPLOYMENT OR THE TERMINATION OF MY EMPLOYMENT OR ARISING FROM OR RELATING TO THIS AGREEMENT. 

21. Acknowledgment. Executive acknowledges that Executive has had the opportunity to discuss this matter with and obtain advice from
Executive’s private attorney, Executive has had sufficient time to, and has carefully read and fully understands all the provisions of this Agreement, and is knowingly and voluntarily entering into this Agreement. 

[Remainder of Page Intentionally Left Blank] 

  
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 IN WITNESS WHEREOF, each of the parties has executed this Agreement, in the case of the Company
by their duly authorized officers, as of the day and year first above written. 
  

			
	“COMPANY”
	
	Upload Software, Inc.
		
	By:	 	 /s/ John McDonald

	Name:	 	 John McDonald

	Title:	 	 CEO

		
	Address:	 	401 CONGRESS AVE
		 	AUSTIN TX
		
	Attn:	 	  

	Facsimile #:	 	  

	
	“EXECUTIVE”
	
	 /s/ R. Brian Henley

	R. Brian Henley
		
	Address:	 	
	
	3511 Riva Ridge Cove
	Austin, TX 78746

 UPLAND SOFTWARE, INC. 

EXECUTIVE EMPLOYMENT AGREEMENT 

SIGNATURE PAGE 

 Exhibit A 

2014 BONUS 
 The Executive will be paid a bonus
for each business acquired by the Company during the 2014 calendar year. The bonus will be 1.33% of the acquired Annualized Run Rate Revenue of the acquired company at the closing of the acquisition. Annualized Run Rate Revenue is defined as the
product of (i) the aggregate amount of recognized revenue of the acquired company for the full three month period ending on the last day of the month prior to the closing of the acquisition, multiplied by (ii) four (4). Earned bonuses
shall be paid no later than 45 days after the closing of an acquisition. A bonus will be deemed earned on an acquisition if the Executive is terminated without cause within 45 days of acquisition closing.

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