Amendment to Stock Option Agreement between Deltek Systems, Inc. and David Schwiesow

Summary

Deltek Systems, Inc. and David Schwiesow have agreed to amend their existing Stock Option Agreement, originally granted on April 26, 2006. The amendment changes the price at which Mr. Schwiesow can purchase company stock from $7.22 to $9.00 per share. All other terms of the original agreement remain unchanged. This amendment is effective as of December 4, 2006, and is signed by both parties.

EX-10.14 29 dex1014.htm EXHIBIT 10.14 Exhibit 10.14

Exhibit 10.14

AMENDMENT TO

STOCK OPTION AGREEMENT

WHEREAS, Deltek Systems, Inc. (the “Company”) has granted David Schwiesow (“Optionee”) an option (the “Option”) to purchase Common Stock of the Company pursuant to a Stock Option Agreement with a date of grant of April 26, 2006 (the “Stock Option Agreement”); and

WHEREAS, the option price (the “Option Price”) of the Option as stated in the Stock Option Agreement is $7.22 per share of Common Stock; and

WHEREAS, the Company and Optionee wish to revise the Option Price of the Option;

NOW, THEREFORE, Section 2 of the Stock Option Agreement is amended to provide that the Option Price of the Option is $9.00 per share of Common Stock.

Except as otherwise set forth above, all other terms and conditions of the Stock Option Agreement shall remain in effect.

IN WITNESS WHEREOF, this Amendment to Stock Option Agreement has been executed by the undersigned, effective as of December 4, 2006.

 

OPTIONEE     DELTEK SYSTEMS, INC.
/s/ David Schwiesow     /s/ Kevin Parker
Optionee Signature     Kevin Parker
    President and Chief Executive Officer
Date: December 22, 2006     Date: December 20, 2006