雇佣合同三

QLIKTECHINC.EMPLOYMENTAGREEMENTTHISEMPLOYMENTAGREEMENT(theAgreement)ismadeandenteredintoasofthe1stdayofJune,2010(theEffectiveDate)byandbetweenLarsH.Björk(theExecutive)andQlikTechInc.,aDelawarecorporationwithitsprincipalplaceofbusinessinRadnor,Pennsylvania(theCompany).TheAgreementsupersedesandreplacesinitsentiretythepreviousEmploymentAgreementbetweentheCompanyandtheExecutivemostrecentlyamendedasofOctober1,2007(thePreviousEmploymentAgreement).ExecutiveandtheCompanyaresometimeseachreferredtohereinasaPartyandcollectivelyastheParties.WITNESSETH:WHEREAS,theCompany,itsparentcompany,QlikTechInternationalAB(Parent),andtheirsubsidiariesandaffiliates(collectively,theQlikTechGroup)areengagedinthebusinessof:(i)developing,advertising,marketing,licensing,distributing,updating,enhancing,maintainingandsupportingbusinessintelligencesoftwareandapplicationsdesignedtoaccess,analyze,reportandshareinformationresidingincomputerdatabasesandotherdatasources;and(ii)providingrelatedimplementationandconsultingservices;WHEREAS,ParentandtheExecutiveenteredintothePreviousEmploymentAgreement,whichcontainedanumberoftermsrelatingtobenefitsinconnectionwiththeterminationofExecutive'semploymentandotherterms,allofwhicharebeingreplacedbythetermsofthisAgreement;WHEREAS,ExecutiveservesastheCompany'sChiefExecutiveOfficerandParent'sPresident;WHEREAS,Executiveacknowledgesandagreesthatinordertofulfillhisobligationshereunder,hewillberequiredtomaintainhispersonalresidenceinthePhiladelphia,Pennsylvania,U.S.A.area,unlessExecutive'sprimaryofficeismovedbytheCompany;WHEREAS,ExecutiveisboundbythecovenantssetforthinAppendixAattachedhereto;andWHEREAS,theCompanyandExecutivedesiretoamendthePreviousEmploymentAgreement.NOW,THEREFORE,inexchangeforthepromisesandmutualcovenantscontainedinthisAgreement,theParties,intendinglegallytobebound,agreeasfollows:1.EMPLOYMENT1.1JobDuties.DuringtheExecutive'semployment,ExecutiveshallcontinuetoserveastheChiefExecutiveOfficeroftheCompanyandthePresidentoftheParent.Executiveshallperformtheservicesanddutiesrequiredofsuchpositions,orsuchotherservices,dutiesandpositionsastheBoardofDirectorsoftheCompany(theBoard)mayfromtimetotimedesignate;shalldevoteExecutive'sfullprofessionaltime,attentionandbesteffortstothebusinessoftheCompanyandtheQlikTechGroup;andshallnotbeengagedasanemployeeorotherwiseinanyotherbusinessorcommercialactivitiesexceptasspecificallyauthorizedinadvancebytheBoard.Inaddition,duringtheExecutive'semployment,Executiveshall:(a)PerformthedutiesandexercisethepowersandfunctionsthatfromtimetotimemaybeassignedorvestedinhimbytheBoard.Executive'sprimaryofficeshallbelocatedinRadnor,Pennsylvania,U.S.A.,providedthattheCompanymaymoveExecutive'soffice;(b)Complywithalllawfulrequests,instructions,policiesandregulationsmadebytheBoardoritsauthorizedagent(s);(c)FaithfullyandloyallyservetheCompanyandtheQlikTechGrouptothebestofhisabilityandusehisutmosteffortstopromotetheCompany'sandtheQlikTechGroup'sinterestsinallrespects;and(d)Notengageinanyactivitiesthatwoulddetractfromtheproperperformanceofhisduties.1.2CompensationandBenefits.DuringthecourseoftheExecutive'semployment,Companyagrees:(a)BaseSalary:TheCompanywillpayExecutiveabasesalaryascompensationforExecutive'sservicesonbehalfoftheCompanyandtheQlikTechGroup(BaseSalary).Executive'sinitialBaseSalaryunderthisAgreementshallbeataperiodicrateequivalentto$300,000peryear.Executive'sBaseSalaryshallbepayableinbi-monthlyinstallments,lessapplicabledeductionsrequiredbylawforthepaymentofwagesandsuchotherdeductionsasmaybeproperlyauthorizedbyExecutive.(b)Bonus:ExecutivewillbeentitledtoparticipateinanyCompanybonusprogramforsimilarlysituatedexecutivesoftheCompanypursuanttothetermsandconditionsforsuchprogramasmaybeestablished,amendedorterminatedbytheCompanyfromtimetotime.Executive'spotentialbonusundersuchprogramforthefirstyearofhisemploymentunderthisAgreementmaybeinanamountupto$300,000iftheBoarddeterminesthattheterms,conditions,andperformancecriteriaitspecifiesareachieved.(c)LivingExpenses:TheCompanywillpayfor,orreimburseExecutivefor,upto$75,000.00peryearinlivingexpensesincurredbyExecutiveinconnectionwithhislivingaccommodationsinthePhiladelphia,Pennsylvaniaarea,including,withoutlimitation,expensesrelatedtorentingahouseforExecutiveandhisfamily,payingforthevisaapplications(andreasonableattorneys'feesrelatedthereto)forExecutiveandthemember'sofhisimmediatefamily,andpayingprivateschooltuitionforExecutive'schildrenifnecessary;provided,however,thatifExecutiveisrelocatedbacktoSwedenanyreimbursementoflivingexpensesbytheCompanywillcease.(d)StockOptions:PursuanttothetermsandconditionsoftheCompany's2007OmnibusStockOptionandAwardPlan(thePlan)andtheapplicableStockOptionAwardAgreementsbetweentheCompanyandExecutive,theBoardpreviouslygrantedExecutiveoptionstopurchasesharesoftheCompany'scommonstockonthetermssetforthintheapplicablestockoptionagreements(theStockOptionAgreements).(e)Vacation:Executivewillreceivesixweeks(6)weeks(i.e.,30businessdays)paidvacationpercalendaryear.(f)BusinessExpenses:TheCompanywillreimburseExecutiveforallrea