from 10-Q
1 page
Agreement This Agreement Between Industri-Matematik International (Imi) and Per Edstrom (Peed), Personal Id Number 570315-0036, Has Been Made and Entered Into as Follows: 1. Effective From January 1, 1999 a Base Salary of Sek 68,000 Per Month Will Be Paid to Peed 2. the Pension-Based Salary Amounts to Sek 829,600 Per Year Effective From January 1, 1998. 3. Pension Premiums Shall Be Cost Neutral Towards the Spp/Itp Plan for Salaried Employees. 4. Peed Is Entitled Within the Framework of the Itp Plan to Discuss Alternative Pension Plan Solutions With the Company's Insurance Agent. Industri-Matematik International /S/ Lars-Goran Peterson - - 981231 Lars-Goran Peterson Date the Above Agreement Is Hereby Accepted and Agreed To: /S/ Per Edstrom - - 981231 Per Edstrom Date <page> Bonus Plan Fy99 Per Edstrom This Document Describes Your Bonus Plan for Fy99 (980501-990430) a Guaranteed Bonus Will Be Paid Out Monthly at the Amount of Sek 14.225 Per Month. Other Terms and Conditions: - - - If Per Edstrom Terminates Employment During the Budget Year, No Bonus Is Payable. - - - Vacation Compensation Is Not Accrued on Bonus Payments - - - Should the Company's Budget Be Changed, Especially as a Result of a Business Acquisition or Divestiture, Then the Calculations Contained Herein Shall Be Changed in the Corresponding Month for That Period for Which the Change Applies. for Industri-Matematik International Corp. /S/ Lars-Goran Peterson - - 981231 Lars-Goran Peterson Date the Above Bonus Plan Is Hereby Accepted and Agreed To: /S/ Per Edstrom - - 981231 Per Edstrom Date
