May 30, 2012 Cadian Capital Management, LLC New York, NY 10022 Ladies and Gentlemen:Board Nomination Agreement • May 31st, 2012 • Comverse Technology Inc/Ny/ • Telephone & telegraph apparatus • New York
Contract Type FiledMay 31st, 2012 Company Industry JurisdictionThis letter confirms the understanding and agreement between Comverse Technology, Inc., a New York corporation (“CTI”), on the one hand, and Cadian Capital Management, LLC (“Cadian Capital”), Cadian Fund LP, Cadian Master Fund LP and Cadian GP LLC (Cadian Capital, together with the aforementioned entities other than CTI being referred to collectively herein as the “Cadian Group”), on the other hand, as follows:
May 30, 2012 Cadian Capital Management, LLC New York, NY 10022 Ladies and Gentlemen:Board Nomination Agreement • May 31st, 2012 • Comverse Technology Inc/Ny/ • Telephone & telegraph apparatus
Contract Type FiledMay 31st, 2012 Company IndustryThis letter confirms the understanding and agreement between Comverse Technology, Inc., a New York corporation (“CTI”), on the one hand, and Cadian Capital Management, LLC (“Cadian Capital”), Cadian Fund LP, Cadian Master Fund LP and Cadian GP LLC (Cadian Capital, together with the aforementioned entities other than CTI being referred to collectively herein as the “Cadian Group”), on the other hand, as follows: