October 9, 2002 Michael Borman Rye, NY 10580 Dear Mike:Separation Agreement • November 14th, 2002 • Blue Martini Software Inc • Services-prepackaged software • California
Contract Type FiledNovember 14th, 2002 Company Industry JurisdictionThis letter sets forth the substance of the separation agreement (the “Agreement”) that Blue Martini Software, Inc. (“Blue Martini”) is offering to you to aid in your employment transition. The terms set forth in this letter reflect those you accepted by email last week, and will supersede the terms of your Employment Agreement dated October 25, 2001 (the “Employment Agreement”) (copy attached as Exhibit A). This offer is open until Thursday, October 31, 2002; if you have not signed and returned the original of this letter to me by then, this offer will expire.