0000950103-05-000124 Sample Contracts

January 24, 2005 Mr. Christopher W. Cabrera c/o Callidus Software Inc. 160 W. Santa Clara Street San Jose, CA 95133 Dear Chris:
Release of Claims • January 26th, 2005 • Callidus Software Inc • Services-computer programming services

This letter is to confirm our agreement (the “Agreement”) with respect to your separation from Callidus Software Inc. (the “Company”). To ensure that there are no ambiguities, this Agreement explains in detail both your rights and obligations and those of the Company upon termination of your employment.

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