Amendment No. 4 to Employment Agreement between Mark J. Barrenechea and Open Text Corporation

Summary

This document is the fourth amendment to the employment agreement between Mark J. Barrenechea and Open Text Corporation, originally dated October 30, 2012. The amendment modifies Section 7(b)(ii) to clarify that certain exceptions may apply as specified in grant instruments under the 2004 Stock Option Plan. All other terms of the original employment agreement remain unchanged. The amendment was signed by both parties on August 14, 2020.

EX-10.1 2 exhibit101amendment4.htm EXHIBIT 10.1 Exhibit

Exhibit 10.1

AMENDMENT NO. 4 TO EMPLOYMENT AGREEMENT

Reference is made to the employment agreement between Mark J. Barrenechea and Open Text Corporation dated as of October 30, 2012, as amended (the “Employment Agreement”). Defined terms used herein are as defined in the Employment Agreement unless otherwise stated.

Section 7(b)(ii) of the Employment Agreement is hereby amended to insert “Except as expressly stated in an instrument of grant entered into pursuant to the 2004 Stock Option Plan, as amended,” at the beginning of the paragraph.

All terms and conditions of the Employment Agreement, except as varied by this Amendment No. 4, remain in full force and effect.

IN WITNESS WHEREOF, the Executive and the Corporation have executed this Amendment No. 4 to the Employment Agreement as of the 14th day of August, 2020.



	Open Text Corporation	Mark J. Barrenechea

Name:	/s/ Gordon A. Davies	/s/ Mark J. Barrenechea

Title:	Executive Vice President, Chief Legal Officer and Corporate Development