Exhibit 10.30
LAWSON SOFTWARE, INC.
Amendment No. 2 to
EXECUTIVE CHANGE IN CONTROL
SEVERANCE PAY PLAN
for Tier 1 Executives
Amendment
No. 2 Adopted November 8, 2007
This Amendment No. 2 (“Amendment
No. 2”) modifies the Lawson Software, Inc.
Executive Change in Control Severance Pay Plan for Tier 1
Executives dated January 17, 2005 and Amendment No. 1 to
that plan dated June 26, 2007 (that plan, as amended by
Amendment No. 1 is referred to as the “Tier 1
Plan”). All of the capitalized terms not otherwise
defined in this Amendment No. 2 have the same respective
meanings as contained in the Tier 1 Plan. The sections or
paragraphs of the Tier 1 Plan that are not expressly modified or
replaced by this Amendment No. 2 shall remain in effect
pursuant to their terms.
1.
New Definitions of “Cause,” “Good
Reason,” and “Tier 1.” Section 1
of Amendment No. 1 is deleted in its entirety and shall have
no force or effect. Sections 1.2.3, 1.2.13 and 1.2.20 of the
Tier 1 Plan are deleted and replaced in their entirety by the
following new Sections 1.2.3, 1.2.13 and 1.2.20 effective on and
after November 8, 2007:
1.2.3. Cause — the termination of the
Participant’s employment initiated by the Employer because
of: (1) if the Participant has entered into any written
and executed contract(s) with the Employer, any material
breach by the Participant of such contract (as reasonably
determined by the Employer) and which is not or cannot reasonably
be cured within 10 days after written notice from the Employer to
the Participant; (2) any material violation by the
Participan
