This excerpt taken from the TIBX 8-K filed Dec 7, 2005.
Item 1.01. Entry into a Material Definitive Agreement
On November 30, 2005, TIBCO Software Inc. (the Company) entered into Transition Agreement and Release (the Transition Agreement) with its former Chief Financial Officer, Christopher G. OMeara. The Transition Agreement became effective on December 7, 2005. Under the terms of the Transition Agreement, Mr. OMeara will serve as an Executive Vice President advising the Companys CEO on various matters through October 10, 2006 (Transition Period) at a salary of $260,000 per year, less applicable withholding taxes.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 7, 2005