0000950123-11-100549 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • November 28th, 2011 • Progress Software Corp /Ma • Services-prepackaged software • Massachusetts

THIS EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made as of the 5th day of December 2011, between Progress Software Corporation, a Massachusetts corporation (the “Company”) and Jay H. Bhatt, an individual residing at 27 Appleby Road, Wellesley, Massachusetts 02482 (the “Executive”).

EMPLOYEE RETENTION AND MOTIVATION AGREEMENT
Employee Retention and Motivation Agreement • November 28th, 2011 • Progress Software Corp /Ma • Services-prepackaged software • Massachusetts

This agreement (the “Agreement”) is effective as of December 5, 2011 (the “Agreement Date”) by and between (the “Covered Person”) and Progress Software Corporation, a Massachusetts corporation (the “Company”).