CHANGE IN CONTROL AGREEMENTChange in Control Agreement • April 14th, 2009 • Qad Inc • Services-prepackaged software • California
This change in control agreement (this “Agreement”), is made and entered into as of December 18, 2008 (the “Effective Date”), by and between QAD Inc., a Delaware corporation, with its principal offices located at 100 Innovation Place, Santa Barbara, California 93108 (together with its successors and assigns permitted under this Agreement, the “Company”), and Karl F. Lopker who resides at 305 Woodley Road, Montecito, California 93108 (the “Employee”).
QAD INC. 2006 STOCK INCENTIVE PROGRAM STOCK APPRECIATION RIGHTS AGREEMENTStock Appreciation Rights Agreement • April 14th, 2009 • Qad Inc • Services-prepackaged software • Delaware
This Stock Appreciation Rights Agreement is made and entered into by and between QAD Inc. (the “Company”) and Employee Name as of the date of acceptance, pursuant to the QAD Inc. 2006 Stock Incentive Program (the “Program”). The Program Administrators administering the Program have selected the Grantee to receive the following grant of stock appreciation rights (“SAR”). This SAR entitles the Grantee to receive a payment in shares of the common stock of QAD Inc. (the “Common Stock”) that reflects the appreciation over the Grant Price, as specified in Section 1 hereof, for the number of shares of the Common Stock for which this SAR was granted, as specified in Section 1 hereof, (the “Grant Shares”), on the terms and conditions of the Program and as set forth below, which Grantee accepts and to which the Grantee agrees:
AMENDMENT AND WAIVER TO CREDIT AGREEMENTCredit Agreement • April 14th, 2009 • Qad Inc • Services-prepackaged software
QAD INC. NONQUALIFIED STOCK OPTION PLAN OPTION AGREEMENTStock Appreciation Rights Agreement • April 14th, 2009 • Qad Inc • Services-prepackaged software • California
This Option Agreement is made and entered into this «Day»th day of «MMonth», «Year» (this “Agreement”), pursuant to the QAD Inc. Nonqualified Stock Option Plan and the QAD Inc. 1997 Stock Incentive Program (collectively, the “Plan”). The Program Administrators administering the Plan have selected «name» (the “Optionee”) to receive the following grant of a stock option (the “Option”) to purchase shares of the Common Stock of QAD Inc. (the “Company”), on the terms and conditions set forth below, which the Optionee accepts and to which the Optionee agrees. All capitalized terms that are used in this Agreement that are not defined herein have the meanings assigned to them in the Plan. In the event of a conflict between the terms of the Plan and the terms of this Agreement, the terms of the Plan shall prevail.
