EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • July 22nd, 2011 • SuccessFactors, Inc. • Services-prepackaged software • California
This Executive Employment Agreement (the “Agreement”) is made and entered into on July 20, 2011, with an effective date of May 11, 2011 (“Effective Date”), by and between SuccessFactors, Inc., a Delaware corporation (the “Company”), and Lars Dalgaard (the “Executive”).
SUCCESSFACTORS, INC. NOTICE OF GRANTSuccessFactors, Inc. • July 22nd, 2011 • Services-prepackaged software • Delaware
This Agreement evidences the grant by SuccessFactors, Inc., a Delaware corporation (the “Company”), on the date set forth below (the “Grant Date”) to the person named below (the “Participant”) of a Performance Restricted Stock Unit Award (the “Award”) of the target number of performance share units (“PSUs”) listed below (“Target Number of PSUs”) up to the maximum number of performance share units listed below (“Maximum Number of PSUs”) for the Performance Period listed below (the “Performance Period”). Each PSU represents the right to receive one share of the Company’s common stock (“Common Stock”). This Award is subject to the terms and conditions specified in the Company’s 2007 Equity Incentive Plan (the “Plan”) and in this Agreement (consisting of this Notice of Grant and Exhibit A). Terms not otherwise defined herein shall have the meaning ascribed to them in the Plan.
