ROBERT L. DANIELS 20 University Road Cambridge, MA 02138 INDEMNIFICATION AGREEMENTDaniels Robert L • December 10th, 1997 • Services-prepackaged software
October 2, 1996 Alan L. Stanzler, Esquire Davis, Malm & D'Agostine One Boston Place Boston, Massachusetts 02108 Dear Alan: This letter will confirm our agreement regarding the option I have granted to you to acquire 4,000 shares of the Common Stock of...Daniels Robert L • December 10th, 1997 • Services-prepackaged software
This letter will confirm our agreement regarding the option I have granted to you to acquire 4,000 shares of the Common Stock of Project Software & Development, Inc. ("PSDI") owned by me at price of $31 per share, the closing price on August 14, 1996. The option shall be for a period of five (5) years and shall expire on August 12, 2001.
December 8, 1997 Alan L. Stanzler, Esq. Davis, Malm & D'Agostine One Boston Place Boston, MA 02108 Dear Alan: This letter will confirm our agreement regarding the stock appreciation right ("SAR") I have granted to you with respect to 14,000 shares of...Daniels Robert L • December 10th, 1997 • Services-prepackaged software
This letter will confirm our agreement regarding the stock appreciation right ("SAR") I have granted to you with respect to 14,000 shares of the Common Stock of Project Software & Development, Inc. ("PSDI") owned by me. The SAR, which replaces the option I granted to you on October 2, 1996, shall be exercisable in whole or in part until the earlier of December 7, 2002 and the date on which I sell all of my PSDI shares.
