FIRST LOAN MODIFICATION AGREEMENTLoan Modification Agreement • September 29th, 2003 • Aspen Technology Inc /De/ • Services-computer programming services
This First Loan Modification Agreement (this "Loan Modification Agreement") is entered into as of June 27, 2003, by and among (i) SILICON VALLEY BANK, a California chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462, doing business under the name "Silicon Valley East" ("Bank") and (ii) ASPEN TECHNOLOGY, INC., a Delaware corporation with offices at Ten Canal Park, Cambridge, Massachusetts 02141 and ASPENTECH, INC., a Texas corporation with offices at Ten Canal Park, Cambridge, Massachusetts 02141 (jointly and severally, individually and collectively, "Borrower")
AspenTechnology Letterhead/Logo]Aspen Technology Inc /De/ • September 29th, 2003 • Services-computer programming services
This letter amendment references the letter agreement between you and AspenTech dated June 24, 2003 (the "Agreement") regarding your FY04 Executive Compensation Plan. Under the terms of the Agreement, AspenTech agreed that it would grant you an option to purchase the number of shares of AspenTech common stock specified in the Agreement, contingent upon stockholder approval of the Advent transaction (the "Option"). As you know, the Advent transaction was approved by AspenTech stockholders and closed on August 14, 2003.
AspenTechnology Letterhead/Logo]Aspen Technology Inc /De/ • September 29th, 2003 • Services-computer programming services
This letter amendment references the letter agreement between you and AspenTech dated June 24, 2003 (the "Agreement") regarding your FY04 Executive Compensation Plan. Under the terms of the Agreement, AspenTech agreed that it would grant you an option to purchase the number of shares of AspenTech common stock specified in the Agreement, contingent upon stockholder approval of the Advent transaction (the "Option"). As you know, the Advent transaction was approved by AspenTech stockholders and closed on August 14, 2003.
AspenTechnology Letterhead/Logo]Aspen Technology Inc /De/ • September 29th, 2003 • Services-computer programming services
This letter amendment references the letter agreement between you and AspenTech dated June 24, 2003 (the "Agreement") regarding your FY04 Executive Compensation Plan. Under the terms of the Agreement, AspenTech agreed that it would grant you an option to purchase the number of shares of AspenTech common stock specified in the Agreement, contingent upon stockholder approval of the Advent transaction (the "Option"). As you know, the Advent transaction was approved by AspenTech stockholders and closed on August 14, 2003.
AspenTechnology Letterhead/Logo]Aspen Technology Inc /De/ • September 29th, 2003 • Services-computer programming services
This letter amendment references the offer letter between you and AspenTech dated June 16, 2003 (the "Agreement") regarding your employment with AspenTech. Under the terms of the Agreement, AspenTech agreed that, following stockholder approval of the Advent transaction, it would grant you an option to purchase a number of shares of AspenTech common stock which would maintain your pre-transaction equity participation percentage in AspenTech (the "Option"). As you know, the Advent transaction was approved by AspenTech stockholders and closed on August 14, 2003.
PLEDGE AGREEMENTPledge Agreement • September 29th, 2003 • Aspen Technology Inc /De/ • Services-computer programming services
To secure the prompt, punctual, and faithful performance of all and each of the Obligations (as that term is defined herein) of the undersigned, ASPEN TECHNOLOGY, INC., a Delaware corporation, with offices at Ten Canal Park, Cambridge, Massachusetts 02141 (hereinafter, the "Borrower") to SILICON VALLEY BANK, a California-chartered bank, with its principal office located at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (hereinafter, the "Lender"), the Borrower hereby grants to the Lender a security interest in and to, and assigns, pledges, and delivers to the Lender the following property, and all products, proceeds, substitutions, additions, interest, dividends, and other distributions (including, without limitation, stock splits) in respect thereto, and all books, records, and papers relating to the foregoing (all of which is referred to hereinafter
AspenTechnology Letterhead/Logo]Aspen Technology Inc /De/ • September 29th, 2003 • Services-computer programming services
AspenTechnology Letterhead/Logo]Aspen Technology Inc /De/ • September 29th, 2003 • Services-computer programming services
This letter amendment references the letter agreement between you and AspenTech dated June 24, 2003 (the "Agreement") regarding your FY04 Executive Compensation Plan. Under the terms of the Agreement, AspenTech agreed that it would grant you an option to purchase the number of shares of AspenTech common stock specified in the Agreement, contingent upon stockholder approval of the Advent transaction (the "Option"). As you know, the Advent transaction was approved by AspenTech stockholders and closed on August 14, 2003.
Employment and Transition AgreementEmployment and Transition Agreement • September 29th, 2003 • Aspen Technology Inc /De/ • Services-computer programming services • Massachusetts
This Employment and Transition Agreement (the "Agreement") is entered into this 30th day of June 2003 between Lawrence B. Evans ("Evans") and Aspen Technology, Inc., a Delaware corporation (the "Company").
