Systems & Computer Technology Corp – ‘10-K’ for 9/30/03 – EX-10

On:  Tuesday, 12/23/03, at 9:25pm ET   ·   As of:  12/24/03   ·   For:  9/30/03   ·   Accession #:  950116-3-4956   ·   File #:  0-11521

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report -- tenk                               HTML    951K 
 2: EX-10       Exhibit 10.17                                          5     25K 
 3: EX-10       Exhibit 10.21                                          4     31K 
 4: EX-10       Exhibit 10.22                                         16     70K 
 5: EX-10       Exhibit 10.23                                         15     71K 
 6: EX-10       Exhibit 10.24                                         16     70K 
 7: EX-10       Exhibit 10.25                                         14     63K 
 8: EX-10       Exhibit 10.26                                          6     36K 
 9: EX-10       Exhibit 10.27                                          6     37K 
10: EX-10       Exhibit 10.28                                          6     36K 
11: EX-10       Exhibit 10.29                                          8     43K 
12: EX-10       Exhibit 10.30                                          7     43K 
13: EX-10       Exhibit 10.31                                          7     43K 
14: EX-10       Exhibit 10.32                                          1     12K 
15: EX-10       Exhibit 10.46                                         11     63K 
16: EX-10       Exhibit 10.47                                         11     71K 
17: EX-10       Exhibit 10.48                                         11     66K 
18: EX-10       Exhibit 10.49                                         53    217K 
19: EX-14       Material Foreign Patent                                7     36K 
20: EX-21       Exhibit 21.1                                           1      8K 
21: EX-23       Consent of Experts or Counsel                          1     11K 
22: EX-31       Exhibit 31.1                                           2±    13K 
23: EX-31       Exhibit 31.2                                           2±    13K 
24: EX-32       Exhibit 32.1                                           1     10K 
25: EX-32       Exhibit 32.2                                           1     10K 

EX-10   —   Exhibit 10.32

EX-10
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By Telecopy and Regular Mail                                                    
----------------------------                                                    
                                                           October 1, 2003

Mr. Michael J. Emmi                                                             
35 Deepdale Road                                                                
Strafford, PA 19087                                                             

Re: Retirement Agreement

Dear Mike:                                                                      

     I refer to the Retirement Agreement made as of January 2, 2002 (the
"Agreement") between you and the Company. All terms defined in the Agreement    
shall have the same meaning ascribed to them in the Agreement when used in this 
letter.                                                                         

      In Section 2.3.3 of the Agreement, the Company agreed to continue to
pay the premiums under the Split Dollar Policies for coverage through the fifth 
anniversary of the Retirement Date. You and the Company agree that in full      
discharge of the Company's obligation under Section 2.3.3 to pay the premiums   
for the Split Dollar Policies, the Company shall pay to you the aggregate sum of
$343,793, as follows: $35,744 within 5 days after you countersign this letter   
and return a copy to SCT, and the remaining $308,049 on January 1, 2004.        
Applicable taxes shall be withheld from the foregoing payments.                 

        Please indicate your agreement to the matters set forth in this letter
by signing below in the space provided and returning to me the enclosed copy of 
this letter. Thank you.                                                         

                                     Very truly yours,

                                    /s/ Eric Haskell
                                                  ------------------------------
                                Eric Haskell
                                             Executive Vice President,
                                                  Finance and Administration and
                                           Chief Financial Officer

ACKNOWLEDGED AND AGREED:                                                        

/s/ Michael J. Emmi                                                             
----------------------------                                                    
Michael J. Emmi                                                                 

Dates Referenced Herein

This ‘10-K’ Filing		Date		Other Filings
		1/1/04		None on these Dates
Filed as of:		12/24/03
Filed on:		12/23/03
		10/1/03
For Period End:		9/30/03
		1/2/02
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