BUSINESS OBJECTS S.A.
EXHIBIT 10.70
<DOCUMENT>
<TYPE>EX-10.70
<SEQUENCE>2
<FILENAME>f19852exv10w70.htm
<DESCRIPTION>EXHIBIT 10.70
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<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;10.70</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CONTRACT OF EMPLOYMENT</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="98%">&nbsp;</TD>
</TR>
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Employer:</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Business Objects (UK)&nbsp;Limited</B>, registered in England and
Wales with number 2636952 of Objects House, Vanwall
Business Park, Vanwall Road, Maidenhead, Berks SL6 4UB
(&#147;the Company&#148;); and</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Employee:</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Bernard Liautaud </B>of [ADDRESS]</TD>
</TR>
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</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This contract sets out the terms and conditions of your employment with the Company. This contract
supersedes all previous arrangements or agreements (whether oral or in writing) between you and the
Company in relation to the matters dealt with in it, in particular your contract of employment with
the Company dated 27 August&nbsp;2003.
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>COMMENCEMENT AND CONTINUOUS EMPLOYMENT</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>It has been agreed that, with effect from 11 September&nbsp;2005, you have ceased to be the
Company&#146;s Chief Executive Officer and been appointed instead as the Company&#146;s Chief Strategy
Officer.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Your period of continuous employment with the Company commenced on 1 August&nbsp;1990.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DUTIES</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The parties&#146; initial expectations regarding the primary duties of this position are as
follows: (i)&nbsp;assisting with the strategic planning process for the Group, including
participating in the corporate strategy board and participating in shaping the direction of
the Group, both from an organic development and from a transactional point of view; (ii)
acting as the Company spokesperson in major internal events, such as: kick-off meetings, quota
clubs, employee communication meetings, in Europe, Middle East and Africa; (iii)&nbsp;acting as the
Company spokesperson in major external events, such as: industry conferences, press meetings,
financial conferences, customer events (such as international user conferences) and serving on
the relevant customer advisory board, in Europe, Middle East and Africa; (iv)&nbsp;assisting in key
customer and partnership situations, in Europe, Middle East and Africa; (v)&nbsp;participating in
the Group&#146;s strategy offsite meetings; and (vi)&nbsp;helping define the Group&#146;s product strategy,
reviewing Group&#146;s new technology directions, and serving on the relevant Group&#146;s product
strategy board. The Company reserves the right to require you to perform other duties.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>During your employment you will be required to observe the Company&#146;s rules and regulations as
issued from time to time.</TD>
</TR>

</TABLE>
</DIV>
<P align="right" style="font-size: 10pt">1
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>LOCATION AND TRAVEL</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Your normal place of work is your home, in London and/or the Company&#146;s office in Maidenhead<I>.</I>
You may be required to work at the Company&#146;s offices within the UK or to travel as may be
necessary in the course of your duties within the UK or in some other countries in Europe,
Middle East and Africa.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>HOURS OF WORK</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You will devote 35% of your total working time to providing your services to the Company
under this contract. This will amount to 91 working days (i.e. Monday to Friday) each year,
during which you will devote your whole time and attention to your duties for the Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Given your status within the Company, you will work such hours as are necessary on those days
for you properly to perform your duties and it is agreed that the requirements of the Working
Time Regulations 1998 do not apply to you as you fall within the exception set out on
Regulation&nbsp;20. For your information, the normal hours of work at the Company are 9.00 am to
5.30 pm with a lunch break of one (1)&nbsp;hour.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>SALARY, BONUS AND EXPENSES</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Up to 31 December&nbsp;2005, your annual salary will be the sterling equivalent of US$227,500.
From 1 January&nbsp;2006, it is agreed that it will be the sterling equivalent of US$180,250. Your
salary will be payable monthly in arrears on the last day of each month, subject to all
statutory deductions and it may be reviewed annually by the Company in accordance with the
Group Executive Compensation Policy as agreed by the Company from time to time, although the
Company will be under no obligation to increase it.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">5.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Up to 31 December&nbsp;2005, your annual target bonus will be the sterling equivalent of
US$227,500. From1 January&nbsp;2006, your target bonus will be $180,250 per year. However, the
amount of bonus that you may be awarded, if any, may vary between 0% to 180% of the US$180,250
target, according to the Group&#146;s consolidated performance assessed on a quarterly basis, any
other criteria as set out for the Company and the achievement of such semi-annual individual
objectives as set out by the Company. The Company retains total discretion to determine the
amount of any bonus award you may be entitled to in any year. As you know, the specific bonus
measures are reviewed and are subject to change on an annual basis by the Company in
accordance with the Group Executive Compensation Policy as agreed by the Company from time to
time. Any bonus payment you may be entitled to in any year will be paid to you within ninety
(90)&nbsp;days after the end of the Company&#146;s tax year. However, receipt of a bonus in any year is
no indication that one will be paid in any subsequent year.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">5.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company shall reimburse all reasonable out-of-pocket expenses (including hotel,
travelling and other expenses) specifically or generally authorised by the</TD>
</TR>

</TABLE>
</DIV>
<P align="right" style="font-size: 10pt">2
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Company&#146;s HR Director and wholly, properly and necessarily incurred by you on the business of
the Company. You will provide such evidence of expenses as the Company may reasonably
require.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">5.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The sterling equivalent of any sum payable to you in US$ under this contract will be
determined by applying the spot exchange rate of the U.S. dollar against the sterling pound as
determined by the Bank of England on the first day of the month in which such payment is made
to you.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>PENSION AND OTHER BENEFITS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">6.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You will be entitled to participate in the following benefit schemes operated by the Company,
as well as to such other benefit schemes which the Company may set up for its employees. Your
family will be eligible to such benefits upon your request. More details on these schemes can
be obtained from the Company&#146;s HR Director:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>medical care scheme, currently with BUPA,</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>dental care scheme, also currently with BUPA,</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>group personal pension scheme,</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>personal accident insurance scheme,</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>life assurance scheme,</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>personal health insurance scheme.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">6.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Your participation in any of the schemes listed in paragraph 6.1 above is subject to the
rules and provisions of the scheme and any related contracts or policies of insurance in force
from time to time. The Company reserves the right to amend or withdraw each of the schemes at
any time. A contracting out certificate under the Pensions Schemes Act 1993 is not currently
in force in respect of your employment.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>HOLIDAYS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">7.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You are entitled to ten (10)&nbsp;days&#146; paid holiday in each holiday year (1 January to 31
December) in addition to three (3)&nbsp;of the UK bank and other public holidays.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">7.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You will not be entitled to carry over holiday from one holiday year to the next without
prior written consent from the Company&#146;s HR Director. You must agree the dates of your
holidays in advance with the Company&#146;s HR Director.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">7.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On termination of your employment with the Company any holiday entitlement which has accrued
in respect of that holiday year, i.e. excluding any holiday carried forward from any previous
year, will be paid less any holiday entitlement already taken. The Company reserves the right
to require you to take any accrued holiday</TD>
</TR>

</TABLE>
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<P align="right" style="font-size: 10pt">3
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    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>during your notice period or during any period of suspension or garden leave under paragraph
17 below on such dates as it may specify by giving you notice of not less than twenty-four
(24)&nbsp;hours.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">7.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A sum in respect of any days&#146; holiday taken in excess of your entitlement for the then
current holiday year as at the date of termination will be deducted from your final salary or
any other payment due to you (which you hereby authorise) and any excess will be recoverable
from you direct and repayable within forty (14)&nbsp;days of a demand for such repayment.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">7.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the purposes of paragraphs 7.3 and 7.4, holiday entitlement for the year of leaving will
be 1/12<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> of your annual entitlement per complete month of service in that year and
repayment for each excess day is calculated as 1/91<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> of your base salary payable
under paragraph 5.1 above.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>SICKNESS ABSENCE</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">8.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If you are absent from work because of sickness or injury you must:</TD>
</TR>

</TABLE>
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">8.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>notify the Company&#146;s HR Director before 10.00 am on the first morning of absence
and inform him/her also of your expected date of return; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">8.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>complete and return to the Company a self-certification form in respect of the
first seven (7)&nbsp;days (including weekends) of any sickness absence; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">8.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>provide the Company with a medical certificate from your GP or other registered
medical practitioner for periods of sickness over seven (7)&nbsp;days (including weekends)
and with medical certificates for each subsequent week of sickness absence.</TD>
</TR>

</TABLE>
</DIV>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>SICKNESS REQUIREMENTS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">9.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company may at any time require you to:</TD>
</TR>

</TABLE>
</DIV>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">9.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>undergo a medical examination (at the Company&#146;s expense) with a medical
practitioner nominated by the Company; and/or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">9.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>give written permission to the Company to have access to any medical or health
report in its complete form on your physical or mental condition, prepared by the
medical practitioner nominated by the Company.</TD>
</TR>

</TABLE>
</DIV>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>SICK PAY</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Provided you have complied with the Company&#146;s notification and certification procedures and
general terms relating to sickness absence referred to in paragraph 8 above, you will be
entitled to receive Statutory Sick Pay (&#147;SSP&#148;) from the Company insofar as it is required to
pay it in accordance with its statutory obligations for any period of incapacity for work
exceeding three (3)&nbsp;days. The</TD>
</TR>

</TABLE>
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<P align="right" style="font-size: 10pt">4
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<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>first three (3)&nbsp;days of sickness absence are &#147;waiting days&#148; in respect of which no SSP is
payable.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">10.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company may, at its discretion, pay salary over and above SSP, in the event of your
absence from work due to sickness or injury.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>MATERNITY AND PATERNITY BENEFITS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company will notify you of any paternity rights and benefits which
may be applicable to you in the event of your notifying it of any
relevant circumstances.
</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DISMISSAL, DISCIPLINARY AND GRIEVANCE PROCEDURES</B>
</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Details of the dismissal, disciplinary and grievance procedures are in
the Company&#146;s Staff Handbook. Those procedures will not form part of
the terms of your contract of employment.
</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CONFIDENTIALITY</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>It is a condition of your employment that you do not use, divulge or disclose to any
person, firm or organisation, (except as required by your employment) any confidential
commercial or confidential technical information relating to the business, finances or
affairs of the Company, the Group or any other company in the Group. This restriction
extends after the termination of your employment for any reason without time limit but does
not apply to information which is or comes into the public domain otherwise than through your
unauthorised disclosure.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>OUTSIDE INTERESTS AND DEALINGS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You may not, during your employment, without having disclosed full details to the Company and
obtained the prior written consent of the Company, be directly or indirectly engaged,
concerned or interested in any capacity in any trade, business or occupation, other than the
business of the Company or the Group. This restriction applies whether or not the other
activity is of a similar nature to or competes in any material respect with any of the
businesses of the Company or the Group. It is recognised that you also occupy positions with
Business Objects Americas(&#147;BOA&#148;) and Business Objects S.A. (&#147;BOSA&#148;) ( which are both also
companies in the Group, and it is agreed that such positions are permitted under this clause.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>OWNERSHIP OF RIGHTS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">15.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All notes and memoranda concerning the business of the Group or any of its suppliers, agents,
distributors, clients or customers which are received or made by you in the course of your
employment will be the property of the Company and must be surrendered by you to the Company
at any time and in any event on the termination of your employment.</TD>
</TR>

</TABLE>
</DIV>
<P align="right" style="font-size: 10pt">5
</DIV>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">15.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All property, copyright and other intellectual and proprietary rights in all works and
materials (including, without limitation, computer software) developed, written or prepared by
you in connection with the performance of your duties shall belong to the Company. To that
end you hereby assign, by way of future assignment, all such property, copyright and other
rights as mentioned above to the Company to hold absolutely unto itself, together with the
right to apply for and enforce all such rights. You also unconditionally and irrevocably
agree to give up all moral rights you may have as an author, designer or inventor of any such
works or materials.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">16</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TERMINATION</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">16.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Notice of termination</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You are required to give the Company and the Company is required to give you not less than
three (3)&nbsp;months&#146; written notice of termination. The Company reserves the right to terminate
your employment by making a payment to you of salary in lieu of notice.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">16.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Non-Compete</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You acknowledge that the nature of the business of the Group is such that if you were to
become employed by, or substantially involved in, the business of a Group&#146;s Competitor (as
defined herein) during up to two (2)&nbsp;years following the termination of your employment with
the Company, it would be very difficult for you not to rely on or use Group&#146;s trade secrets
and confidential information. Thus, to avoid the inevitable disclosure of the Group&#146;s trade
secrets and confidential information, you agree and acknowledge that your right to receive or
retain the severance payments set forth in paragraph 16.3 (to the extent you are otherwise
entitled to such payments) shall be conditioned upon you not directly or indirectly engaging
in (whether as an employee, consultant, agent, proprietor, principal, partner, stockholder,
corporate officer, director or otherwise), nor having any ownership interested in or
participating in the financing, operation, management or control of, any Competitor.
Notwithstanding the foregoing, you may, without violating this paragraph 16.2, own, as a
passive investment, shares of capital stock of any Competitor, being a publicly-held
corporation, where the number of shares of such Competitor&#146;s capital stock that are owned by
you represent less than three percent (3%) of the total number of shares of such Competitor&#146;s
capital stock outstanding. For the purposes of this paragraph 16.2, &#147;Competitor&#148; means each
of Cognos, SAS, Microstrategy, Hyperion, Actuate, Informatica and their respective
subsidiaries and affiliates. You agree not to challenge the effectiveness or enforceability
of this paragraph 16.2, either directly or indirectly, in your individual capacity or through
any subsequent employer or other third party. Similarly, the Company agrees not to challenge
the effectiveness or enforceability of this paragraph 16.2 as a means of avoiding payment of
any severance benefits.</TD>
</TR>

</TABLE>
</DIV>
<P align="right" style="font-size: 10pt">6
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">16.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Severance compensation</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the event your employment with the Company is terminated by you for Good Reason (as
defined in paragraph 16.4) or by the Company without Cause (as defined in paragraph 16.4)
at any time, then, subject to your executing and not revoking a release of claims in form
satisfactory to the Company or its successor(s) and your compliance with the terms and
conditions of the paragraph 16.2, you shall be entitled to the following:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>two (2)&nbsp;years continuation (from the date of termination) of your base salary
and target bonus (with respect to your target bonus, assuming a payout equal to 100%
of your base salary as at the date of termination), paid in accordance with the
Company&#146;s normal payroll practice and subject to withholding taxes and/or any other
deduction required by law; Notwithstanding the above, if you subsequently breach your
obligations set forth in paragraph 16.2, the Company will, without prejudice to any
other remedies available to it, be entitled to recover from you the sum paid to you
under this paragraph; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>at your request, the continuation of the medical cover you will have as at
the date of termination for eighteen (18)&nbsp;months following the date of termination
(or, if earlier, until you cease to be eligible for such medical coverage);
Notwithstanding the above, if you subsequently breach your obligations set forth in
paragraph 16.2, the Company will, without prejudice to any other remedies available to
it, immediately cease to provide the medical cover and the Company will be entitled to
recover from you the sum equivalent to the cost incurred by the Company in having
provided the medical cover from the date of termination.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the event that you breach any of the restrictions in section 16.2, you shall reimburse
to the Company the salary, bonus and medical insurance cover that the Company has paid or
provided to you as severance compensation since the termination date, together with any tax
and National Insurance Contributions (both employer&#146;s and employee&#146;s) that have been
incurred by the Company in respect of such salary, bonus and medical insurance.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the avoidance of doubt, the compensation payable under clause 16.3.(1) shall be deemed
to include any money that may be payable to you by the Company for your notice period
pursuant to clause 16.1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left"><B>16.4</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Definitions</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In this contract, the following expressions shall have the following meaning:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;Change of Control&#148; shall have the same defined meaning as in the Business Objects S.A.
2001 Stock Incentive Plan;</TD>
</TR>

</TABLE>
</DIV>
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</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&#147;Good Reason&#148; shall mean the occurrence of any of the following (without your consent and
with such occurrence failing to be cured within thirty (30)&nbsp;days following receipt of a
written notice by the Company&#146;s HR Director from you specifying the purported grounds for
such Good Reason):
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any reduction in the level of your base salary and annual target
bonus; provided, however, that this shall only amount to a Good Reason within the
first 12&nbsp;months following a Change of Control;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any material reduction in your duties or responsibilities and/or
change of title within the Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A requirement that you relocate to a location more than fifty (50)
miles from any of your then current office locations;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(4)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A change in reporting structure such that you no longer report to the
BOSA board;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(5)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The termination by BOSA of your office as chairman of the BOSA board
of without cause as defined in the BOSA board resolution appointing you as
chairman of the BOSA board;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(6)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The termination by you of your office as chairman of the BOSA board
for good reason as defined in the BOSA board resolution appointing you as chairman
of the BOSA board;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(7)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The termination by BOA of your employment as chief strategy officer
of that company without cause as defined in your employment agreement with BOA; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(8)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The termination by you of your employment as chief strategy officer
of BOA for good reason as defined in your employment agreement with that company.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;Cause&#148; shall mean that, in the reasonable opinion of the Company, you:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have committed an act that materially damages the business of the
Group;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have willfully refused or failed to follow lawful and reasonable
directions
of the Company and BOSA board as the case may be;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have willfully or habitually neglected your duties to the Company; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="7%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(4)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have been convicted of a felony involving moral turpitude that is
likely to inflict or has inflicted material injury on the business of the Group
and/or any of its companies.</TD>
</TR>

</TABLE>
</DIV>
<P align="right" style="font-size: 10pt">8
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</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">17</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>GARDEN LEAVE</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">17.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Once notice of termination has been given by either you or the Company, the Company may
suspend you from the performance of your duties and/or exclude you from any premises of the
Company or any other company in the Group. Salary and other contractual benefits shall
continue to be paid or provided despite such suspension and/or exclusion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">17.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>During any period of suspension and/or exclusion under paragraph 17.1, you shall not, without
the prior written consent of the Company, contact (either directly or indirectly) any clients,
customers, suppliers or employees of the Company or any other company in the Group.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">17.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the event of the suspension and/or exclusion under paragraph 17.1, the Company may require
you to return to the Company all property in your possession or under his control belonging to
the Company or any other company in the Group.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">18</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DEDUCTIONS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the purpose of Part&nbsp;II of the Employment Rights Act 1996, you hereby authorise the
Company to deduct from any sums owing to you (including but not limited to salary and accrued
holiday pay) the amount of any sums you owe to the Company at any time.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">19</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>COLLECTIVE AGREEMENTS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are no collective agreements affecting your terms and conditions of employment.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">20</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DEFINITION OF GROUP</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In this contract &#147;Group&#148; means the Company and any company which is a
subsidiary or holding company of it from time to time, or which is
from time to time a subsidiary of any such holding company. The terms
&#147;subsidiary&#148; and &#147;holding company&#148; for this purpose have the meanings
given to them in section 736, Companies Act 1985.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">21</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>WORK OUTSIDE THE UNITED KINGDOM</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You will not, during your employment, be required to work outside the United Kingdom for a
period of longer than one month per trip.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">22</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>USE OF DATA</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company holds a personnel file and computer records which contain
data concerning a wide variety of matters. These include matters such
as your</TD>
</TR>

</TABLE>
</DIV>
<P align="right" style="font-size: 10pt">9
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">application, references, bank details, and other personal details. They are held for the
following purposes:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>staff administration;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>accounts and records;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the provision of management information for business purposes such as
marketing activities and corporate and staff planning; and</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to permit the Company to comply with its legal responsibilities.</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">It may, in certain circumstances, be necessary to:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>transfer these details outside the European Economic Area (&#147;EEA&#148;), in
particular to the US, where there may be no legislation protecting an individual&#146;s
rights relating to personal data; and/or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>make the details available to the Company&#146;s advisers and/or the relevant
regulatory authorities.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Where transfers outside the EEA are necessary, the Company has taken, or shall take, the
appropriate steps to satisfy itself that the entity to which your data is transferred has in
place the appropriate technical and organisational measures to protect your data against
unauthorised or unlawful processing and against accidental loss or destruction of, or damage
to the data. In all cases, third parties to which your personal data is transferred will be
contractually obliged to use the data only for the relevant purpose specified above and not
to forward the data to other parties without your consent.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>By signing this contract, you agree to both this transfer of information outside the EEA and
to the processing of information concerning yourself.</TD>
</TR>

</TABLE>
</DIV>
<P align="right" style="font-size: 10pt">10
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">23</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>GOVERNING LAW</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This contract shall be interpreted and construed in accordance with the laws of England and
governed by the jurisdiction of the English courts.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Signed by St&#233;phane Massas,
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ St&#233;phane Massas</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Vice President &#151; Human Resources
EMEA</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">for <B>Business Objects (UK)&nbsp;Limited</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Dated February&nbsp;15, 2006</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>ACCEPTANCE BY THE EMPLOYEE:</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">To: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Business Objects (UK)&nbsp;Limited</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">I acknowledge receipt of my contract of employment with Business Objects (UK)&nbsp;Limited dated
September&nbsp;9, 2005 of which this is a copy and I agree to abide by the terms and conditions of my
employment set out in the contract.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Signed by <B>Bernard Liautaud</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Bernard Liautaud</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="font-size: 1pt">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Date:&nbsp;&nbsp;March&nbsp;7, 2006
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="right" style="font-size: 10pt">11
</DIV>


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