November 19, 2002Letter Agreement • January 29th, 2003 • Versant Corp • Services-prepackaged software
This letter agreement is being entered into by you, Ajay Jain (“you”) and Versant Corporation (“Versant”) pursuant to Section 8.7 of the Agreement and Plan of Reorganization dated as of November 19, 2002 (the “Plan”) among Versant, Mokume Software, Inc. (“Mokume”), VM Merger Corp., a wholly owned subsidiary of Versant (“Sub’) and the stockholders of Mokume. Capitalized terms used in this letter agreement but not defined in this letter will have the same meanings given to them in the Plan. Regardless of when signed, this letter agreement will not take effect or bind you or Versant unless and until the merger of Sub into Mokume contemplated by the Plan has been consummated and become effective.
NON-COMPETITION AGREEMENTNon-Competition Agreement • January 29th, 2003 • Versant Corp • Services-prepackaged software • California
This NON-COMPETITION AGREEMENT (this “Agreement”) is made and entered into as of November 19, 2002 (the “Execution Date”) by and among VERSANT CORPORATION, a California corporation (“Versant”) and MOKUME SOFTWARE, INC., a Delaware corporation (“Mokume”), on the one hand, and AJAY JAIN (“Stockholder”), on the other hand.
