April 15, 2005 Mr. Michael Lawrie 8 Country Club Road Ridgefield, CT 06877 Re: Separation and Consulting Agreement Dear Mike:Siebel Systems Inc • April 20th, 2005 • Services-prepackaged software
At the mutual agreement of you and Siebel Systems, Inc. (the “Company”), you have resigned as an employee, Chief Executive Officer and member of the Board of Directors of the Company. This letter sets forth the substance of the separation agreement and consulting arrangement (the “Agreement”) that the Company is offering to you to aid in your employment transition.
