FIRST AMENDMENT TO PERSONAL SERVICES AGREEMENTPersonal Services Agreement • November 13th, 2006 • UGS Corp. • Services-computer integrated systems design
This First Amendment (the “Amendment”) to the Personal Services Agreement, dated as of July 15, 2000 (the “Agreement”) between UGS Corp. (successor to Unigraphics Solutions, Inc.) and Charles C. Girndstaff (“Executive”) is made and entered into as of August 25, 2006. Except as otherwise provided herein, all of the terms and conditions of the Agreement remain in full force and effect. Capitalized terms not defined herein shall have the same meanings set forth in the Agreement.
AGREEMENTManagement Incentive Agreement • March 9th, 2006 • UGS Corp. • Services-computer integrated systems design
This is an Agreement among UGS Capital Corp., (“Capital Corp.”), UGS Capital Corp. II (“Capital Corp II”), UGS Corp., (“UGS Corp.”), all Delaware corporations, (collectively and individually, the “Company”), and the undersigned (the “Employee”), entered into in connection with certain awards previously made to the Employee under the UGS Capital Corp. and UGS Capital Corp. II 2004 Management Incentive Plan (the “Management Incentive Plan”).
THIS AWARD AND ANY SHARES TO BE ISSUED HEREUNDER ARE SUBJECT TO RESTRICTIONS ON VOTING AND TRANSFER AND REQUIREMENTS OF SALE AND OTHER PROVISIONS AS SET FORTH IN THE STOCKHOLDERS AGREEMENT AMONG UGS CAPITAL CORP., UGS CAPITAL CORP. II, UGS HOLDINGS,...Management Incentive Plan • August 28th, 2006 • UGS Corp. • Services-computer integrated systems design
The undersigned (i) acknowledges receipt of an award (the “Award”) of deferred stock from UGS Capital Corp. (the “Company”) under the UGS Capital Corp. and UGS Capital Corp. II Management Incentive Plan (the “Plan”), subject to the terms set forth below and in the Plan; (ii) further acknowledges receipt of a copy of the Plan in effect as of the date hereof; and (iii) agrees with the Company as follows:
SEPARATION BENEFITS AGREEMENT AND RELEASESeparation Benefits Agreement • December 9th, 2005 • UGS Corp. • Services-computer integrated systems design • Texas
Jim Milton (“Employee”) has been informed about the loss of his employment with UGS Corporation (“UGS”) effective December 1, 2005. UGS wishes to provide Employee with separation benefits as Employee transitions to new endeavors. In exchange for UGS providing separation benefits, Employee is being asked to forego certain potential legal claims and rights relating to his employment with UGS and separation therefrom. Therefore, Employee and UGS enter into the following Separation Benefits Agreement and Release (hereinafter “Agreement”).
AGREEMENTManagement Incentive Agreement • March 9th, 2006 • UGS Corp. • Services-computer integrated systems design
This is an Agreement among UGS Capital Corp., (“Capital Corp.”), UGS Capital Corp. II (“Capital Corp II”), UGS Corp., (“UGS Corp.”), all Delaware corporations, (collectively and individually, the “Company”), and the undersigned (the “Employee”), entered into in connection with certain awards previously made to the Employee under the UGS Capital Corp. and UGS Capital Corp. II 2004 Management Incentive Plan (the “Management Incentive Plan”).
