PREVIEW SYSTEMS INC
EXHIBIT 10.24
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<DESCRIPTION>EXHIBIT 10.24
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<BR></FONT><FONT SIZE=2><B>EXHIBIT 10.24    <BR>  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>PREVIEW SYSTEMS,&nbsp;INC.<BR>
OFFICER RETENTION, SEVERANCE, AND ACCELERATED VESTING AGREEMENT  </B></FONT></P>

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<TD WIDTH="48%"><FONT SIZE=2>Name: </FONT><FONT SIZE=2><B>Patrick Reutens</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="50%"><FONT SIZE=2>Date: March&nbsp;16, 2001</FONT></TD>
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<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Preview
Systems wishes to provide you with an incentive to continue in the service of the Company through certain potential transactions and for a reasonable period of time
thereafter. If you wish to receive the benefits of the Retention Bonus and Severance Agreement, please sign the bottom of this letter indicating your acknowledgement and agreement to the terms
described in this letter, and return it to HR no later than 5:00&nbsp;p.m. on March&nbsp;23, 2001. </FONT></P>

<P><FONT SIZE=2><B>Retention Bonus Amount:  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Lump sum payment equal to three months of your base salary plus 25% of your target bonus for this year, reduced by applicable withholding taxes. </FONT></P>


<P><FONT SIZE=2><B>&nbsp;&nbsp;&nbsp;&nbsp;Severance Amount:</B></FONT><FONT SIZE=2>&nbsp;&nbsp;Lump sum payment equal to three months of your base salary plus 25% of your target bonus for this
year, reduced by applicable withholding taxes. </FONT></P>

<P><FONT SIZE=2><B>&nbsp;&nbsp;&nbsp;&nbsp;Accelerated Vesting:</B></FONT><FONT SIZE=2>&nbsp;&nbsp;50% of unvested options or unvested stock subject to repurchase. </FONT></P>

<P><FONT SIZE=2><B>&nbsp;&nbsp;&nbsp;&nbsp;Conditions for Receipt of the Retention Bonus:</B></FONT><FONT SIZE=2>&nbsp;&nbsp;You will receive the Retention Bonus if </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;One
of the following circumstances applies to you: </FONT></P>

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<DT><FONT SIZE=2>&#149;</FONT></DT><DD><FONT SIZE=2>You
continue in the active full time employment of Preview until June&nbsp;30, 2001; or
<BR><BR></FONT></DD><DT><FONT SIZE=2>&#149;</FONT></DT><DD><FONT SIZE=2>You
are terminated from your employment by Preview other than for cause before June&nbsp;30, 2001. </FONT></DD></DL>
</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;And
you meet each of the following conditions: </FONT></P>

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<DT><FONT SIZE=2>&#149;</FONT></DT><DD><FONT SIZE=2>You
maintain the confidentiality of this Retention Bonus offer.
<BR><BR></FONT></DD><DT><FONT SIZE=2>&#149;</FONT></DT><DD><FONT SIZE=2>You
sign and return a general release of claims in a form provided by Preview Systems (a copy of which is attached) within the time frame described on the
release. </FONT></DD></DL>
</UL>

<P><FONT SIZE=2><B>Conditions for Receipt of the Severance Amount:  </B></FONT></P>

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<DT><FONT SIZE=2>&#149;</FONT></DT><DD><FONT SIZE=2>Your
employment with the Company is terminated by the Company other than for cause, and other than on account of your commencement of employment with an
acquiring company. </FONT></DD></DL>
</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;And
you meet each of the following conditions: </FONT></P>

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<DT><FONT SIZE=2>&#149;</FONT></DT><DD><FONT SIZE=2>You
maintain the confidentiality of this Severance offer.
<BR><BR></FONT></DD><DT><FONT SIZE=2>&#149;</FONT></DT><DD><FONT SIZE=2>You
sign and return a general release of claims in a form provided by Preview Systems (a copy of which is attached) within the time frame described on the
release. </FONT></DD></DL>
</UL>
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<P><FONT SIZE=2><B>&nbsp;&nbsp;&nbsp;&nbsp;Condition for Receipt of Accelerated Vesting:</B></FONT><FONT SIZE=2>&nbsp;&nbsp;Termination of employment other than for cause, and you sign and return a
general release of claims. </FONT></P>

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<TD WIDTH="50%"><FONT SIZE=2><B>Preview Systems,&nbsp;Inc.</B></FONT></TD>
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&nbsp;</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><B><BR>&nbsp;</B></FONT></TD>
<TD WIDTH="50%"><BR><FONT SIZE=2>By:</FONT><HR NOSHADE><FONT SIZE=2> Title: President&nbsp;&amp; CEO</FONT></TD>
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<TD WIDTH="48%"><FONT SIZE=2><BR>
ACKNOWLEDGED AND ACCEPTED:</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="50%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
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Date:</FONT><HR NOSHADE></TD>
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