August 30, 2005 Mr. Bertram W. Rankin c/o Callidus Software Inc. 160 W. Santa Clara Street San Jose, CA 95133 Dear Bert:Separation Agreement • November 14th, 2005 • Callidus Software Inc • Services-computer programming services
Contract Type FiledNovember 14th, 2005 Company IndustryThis 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.