0000950134-07-025070 Sample Contracts

Re: Separation Agreement and Release of Claims
Separation Agreement • December 7th, 2007 • Callidus Software Inc • Services-computer programming services • California

This letter is to formally confirm our agreement with you with respect to your separation from Callidus Software Inc. (“Callidus Software” or the “Company”). This agreement includes the separation and release terms that 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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