0000950134-07-006292 Sample Contracts

March 16, 2007 Robert Warfield 3470 Merrill Road Aptos, California 95003 Re: Separation Agreement and Release of Claims Dear Bob:
Separation Agreement and Release of Claims • March 21st, 2007 • Callidus Software Inc • Services-computer programming services

This letter is to confirm our agreement with you with respect to your separation from Callidus Software Inc. (“Callidus” or the “Company”). This agreement includes the separation and release terms that have been previously discussed with you and which are a necessary part of such agreements with the Company. To ensure that there are no ambiguities, this letter explains in detail both your rights and obligations and those of the Company upon separation of your employment and your full release of any and all claims against the Company.

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