AMENDED AND RESTATED CHANGE OF CONTROL AGREEMENT Amended and Restated August 16, 2006Change of Control Agreement • August 17th, 2006 • Sumtotal Systems Inc • Services-prepackaged software • California
This Change of Control Severance Agreement (the “Agreement”) is entered into this day of , 2006 (the “Effective Date”) between (“Executive”) and SumTotal Systems, Inc., a Delaware corporation (the “Company”). This Agreement is intended to provide Executive with the compensation and benefits described herein upon the occurrence of specific events following a change of control of the ownership of the Company (defined as “Change of Control”).
