SEVERANCE AGREEMENTSeverance Agreement • July 7th, 2014 • Covisint Corp • Services-computer processing & data preparation
THIS SEVERANCE AGREEMENT, dated July 1, 2014, (the "Agreement"), is made by and between Covisint Corporation, a Michigan corporation (the "Company"), and Samuel M. Inman, III (the "Executive").
STOCK OPTION AGREEMENTStock Option Agreement • July 7th, 2014 • Covisint Corp • Services-computer processing & data preparation
Pursuant to the 2009 Long Term Incentive Plan (the “Plan”) of Covisint Corporation (the “Corporation”) and with the approval of the Compensation Committee (“Committee”) of the Corporation’s Board of Directors in accordance with the Plan, the Corporation grants you an option (the “Option”) to purchase 750,000 shares of Common Stock (the “Shares”) at $4.86 per share, upon the terms and conditions contained in this Stock Option Agreement (the “Agreement”) and in the Plan. The Option is intended to be a Nonqualified Option and is granted pursuant to Article VII of the Plan and is intended to be exempt from Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Code”). The Plan, as amended from time to time, is made a part of this Agreement and is available upon request. Capitalized terms used in this Agreement, but not otherwise defined in this Agreement, shall have the meanings given them in the Plan.
RESTRICTED STOCK UNIT AWARD AGREEMENTRestricted Stock Unit Award Agreement • July 7th, 2014 • Covisint Corp • Services-computer processing & data preparation • Michigan
THIS AGREEMENT (the “Agreement”) is made effective as of July 1, 2014 (the “Grant Date”), between Covisint Corporation, a Michigan corporation (the “Corporation”), and the individual whose name is set forth above, who is an employee of the Corporation (the “Recipient”). Capitalized terms not otherwise defined herein shall have the same meanings as in the Covisint Corporation 2009 Long Term Incentive Plan (the “Plan”), and the terms of the Plan are hereby incorporated by reference and made a part of this Agreement.
