AMENDMENT TO STOCK OPTION AGREEMENT
Exhibit 10.27
AMENDMENT TO
WHEREAS, Deltek Systems, Inc. (the “Company”) has granted Xxxxxxx Parent (“Optionee”) an option (the “Option”) to purchase Common Stock of the Company pursuant to a Stock Option Agreement with a date of grant of March 9, 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 $7.91 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/ Xxxxxxx X. Parent |
/s/ Xxxxx Xxxxxx | |||
| Optionee Signature | Xxxxx Xxxxxx | |||
| President and Chief Executive Officer | ||||
| Date: January 3, 2007 | Date: December 20, 2006 | |||
