Amendment to Employment Agreement and Termination of Share Rights Agreement between i2 Technologies, Inc. and Michael E. McGrath
This agreement, dated March 28, 2005, is between i2 Technologies, Inc. and Michael E. McGrath, its Chief Executive Officer. Mr. McGrath agrees to cancel and surrender his rights to 50,000 shares of i2 common stock previously granted under his Employment Agreement and a related Share Rights Award Agreement. By signing, both parties confirm the cancellation of these share rights and the complete termination of the Share Rights Award Agreement, effective immediately.
Exhibit 10.1
March 28, 2005
Mr. Michael E. McGrath
Chief Executive Officer
i2 Technologies, Inc.
11701 Luna Road
Dallas, Texas 75234
| Re: | Amendment to Employment Agreement and Termination of Share Rights Agreement |
Dear Mike:
You hereby agree to the cancellation and surrender to i2 Technologies, Inc. (“i2”) of your share right awards for 50,000 underlying shares of i2 common stock granted pursuant to the Employment Agreement, dated as of February 27, 2005, between you and i2 (the “Employment Agreement”), and the Share Rights Award Agreement between you and i2, dated as of February 27, 2005 (the “Share Rights Agreement”). By signing below you acknowledge, effective as of the date set forth above, the cancellation and surrender of such share right awards and further acknowledge that the Share Rights Agreement shall be terminated in its entirety.
Sincerely,
| i2 Technologies, Inc. | ||
| By: | /s/ Robert C. Donohoo | |
| Robert C. Donohoo | ||
| Senior Vice President & General Counsel | ||
| Agreed and Accepted: | ||
| /s/ Michael E. McGrath | ||
| Michael E. McGrath | ||
