Addendum to Employment Agreement Between Lawson Software International AB and Bertrand Sciard
This addendum, effective June 1, 2006, modifies the employment agreement between Lawson Software International AB (formerly Intentia International AB) and Bertrand Sciard. It states that the Lawson Software, Inc. Executive Change in Control Severance Pay Plan for Tier 1 Executives will apply to Mr. Sciard from June 1, 2006, and any severance payments under this plan will be reduced by amounts paid under the original employment agreement. All other terms of the original agreement remain unchanged.
Exhibit 10.35
Addendum
To
Employment Agreement
This Addendum is effective June 1, 2006 (“Addendum”) and modifies the Employment Agreement, as amended (“Agreement”) entered into effective May 4, 2004 between Intentia International AB, a Swedish company (now known as Lawson Software International AB) (“Company”) and Bertrand Sciard (“Employee”). Capitalized terms not otherwise defined in this Addendum have the same respective meaning as defined in the Agreement. The sections of the Agreement that are not expressly modified by this Addendum shall remain in effect pursuant to their terms.
The Lawson Software, Inc. Executive Change in Control Severance Pay Plan for Tier 1 Executives (first adopted on January 17, 2005) will apply to Employee on and after June 1, 2006 (the “Tier 1 CIC Plan”). As stated in the Tier 1 CIC Plan, any severance payments under the Tier 1 CIC Plan will be reduced by the amount of any severance payments under this Agreement.
This Addendum may be signed in counterpart and by fax, and is effective June 1, 2006.
| Lawson Software, Inc. |
| Lawson Software International AB |
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| By | /s/ David R Hubers |
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| David R. Hubers, | Title |
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| Compensation Committee Chair |
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| /s/ Bertrand Sciard |
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| Bertrand Sciard |
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