CORIO INC
JOHN OTTMAN AMENDMENT OF CHANGE IN CONTROL AGREEMENT
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<TYPE>EX-10.24
<SEQUENCE>9
<FILENAME>exh10-24.htm
<DESCRIPTION>JOHN OTTMAN AMENDMENT OF CHANGE IN CONTROL AGREEMENT
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<TITLE>Q3 2004 Exhibit 10.24</TITLE>
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<FONT SIZE=3><B><P ALIGN="RIGHT">                                           EXHIBIT 10.24 </P></B>

<B><U><FONT FACE="Times"><P ALIGN="CENTER">Change in Control Agreement
Amendment</P>
</B></U><P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;Effective October 4, 2004, this Amendment amends the
Change in Control Agreement (the &quot;Agreement&quot;), entered into as of
March 7, 2000 by and between John Ottman, an individual ("<U>Executive</U>") and
Corio, Inc., a Delaware corporation (the "<U>Company</U>").</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;For good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">1.  <U>Section 1</U>.  Section 1 of the Agreement is hereby
deleted in its entirety and replaced with the following:</P>
<P ALIGN="JUSTIFY"> </P>
<P ALIGN="JUSTIFY"></P><DIR>
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</FONT><P>&quot;1.  &#9;<U>Benefits Upon a Change in Control</U>.  If (i) during
the term of this Agreement<B> </B>and while Executive remains an employee of the
Company, the Company shall be subject to the consummation of a Change in Control
<U>and</U> (ii) within one (1) year following such Change in Control the Company
terminates the employment of Executive involuntarily and without Business
Reasons or a Constructive Termination occurs, then in such case Executive shall
be entitled to receive the following:  (A)&nbsp;Executive's base salary and
vacation accrued through the Termination Date, (B) vesting of all outstanding
stock options and other equity arrangements subject to vesting and held by
Executive through the Termination Date that had vested as of the Termination
Date, plus acceleration of an additional twelve (12) months of vesting of such
options and other equity arrangements, (C) base salary continuance, excluding
any rights to a bonus and any payment rights other than base salary, for six
months after the Termination Date, and (D) to the extent required by COBRA only,
continuation of group health benefits pursuant to the Company's standard
programs in effect at the Termination Date, for a period of not less than 18
months (or such longer period as may be required by COBRA), provided that
Executive makes the necessary conversion and payments.&quot;</P>
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<P>2.  <U>Section 6</U>.   Section 6 of the Agreement is hereby deleted in its
entirety and replaced with the following:</P>
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<P>&quot;6.&#9;<U>Term of Agreement</U>.  This Agreement shall commence as of
the date first set forth above and shall continue until the date (the
&quot;Termination Date&quot;) which is the earlier of (i) the date that
Executive ceases to be an employee of the Company, for any reason, and (ii)
December 31, 2007.  Any benefits accruing to Executive under Section 1 hereof
prior to or upon the Termination Date shall survive termination of the
Agreement, and any obligations of Executive under Sections 1, 4 and 5 hereof
shall survive any such termination.&quot;</P>
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<FONT FACE="Times"><P ALIGN="JUSTIFY">The remaining provisions of the Agreement
remain in full force and effect.</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;IN WITNESS WHEREOF, each of the parties has executed this
Agreement, in the case of the Company by its duly authorized officer, as of the
day and year first above written.</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;&#9;&#9;</P>
<B><P ALIGN="JUSTIFY">COMPANY</P>
</B><P ALIGN="JUSTIFY">&#9;</P>
<P ALIGN="JUSTIFY">CORIO, INC.</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;&#9;&#9;</P>
<P ALIGN="JUSTIFY">By:    /s/ GEORGE KADIFA</P>
</FONT><FONT FACE="Times" SIZE=2><P ALIGN="JUSTIFY"><HR ALIGN="LEFT" WIDTH="43%"
SIZE=1></FONT><FONT FACE="Times">George Kadifa</P>
<P ALIGN="JUSTIFY">President and CEO</P>
<B><P ALIGN="JUSTIFY">&#9;&#9;&#9;&#9;</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">EXECUTIVE</P>
</B><P ALIGN="JUSTIFY">&#9;</P>
<P>   /s/ JOHN OTTMAN</P>
</FONT><U><FONT FACE="Times" SIZE=2><P><HR ALIGN="LEFT" WIDTH="35%"
SIZE=1></U></FONT>John Ottman</P>

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<P ALIGN="CENTER">[Signature Page to Change in Control Agreement
Amendment]</P>

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