<SUBMISSION>
<ACCESSION-NUMBER>0001193125-09-131712
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>6
<PERIOD>20090615
<ITEMS>5.02
<ITEMS>8.01
<ITEMS>9.01
<FILING-DATE>20090616
<DATE-OF-FILING-DATE-CHANGE>20090616
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>ACCELRYS, INC.
<CIK>0001002388
<ASSIGNED-SIC>7372
<IRS-NUMBER>330557266
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>0331
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-27188
<FILM-NUMBER>09894178
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>10188 TELESIS COURT, SUITE 100
<CITY>SAN DIEGO
<STATE>CA
<ZIP>92121-3752
<PHONE>(858) 799-5000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>10188 TELESIS COURT, SUITE 100
<CITY>SAN DIEGO
<STATE>CA
<ZIP>92121-3752
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>PHARMACOPEIA INC
<DATE-CHANGED>19951018
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:3px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P
STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="margin-top:3px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>UNITED STATES </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="3"><B>WASHINGTON, D.C. 20549 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P
STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>FORM 8-K </B></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>CURRENT REPORT </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>Pursuant to Section&nbsp;13 or 15(d) of the </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>Securities Exchange Act of 1934 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><B>Date of Report (Date of earliest event reported): June&nbsp;15, 2009 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P
STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6"><B>ACCELRYS, INC.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Exact Name of Registrant as Specified in its Charter) </B></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Delaware</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>0-27188</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>33-0557266</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(State or Other Jurisdiction of</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>Incorporation or Organization)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Commission File Number)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(I.R.S. Employer</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>Identification Number)</B></FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>10188 Telesis Court, San Diego, California 92121-1761 </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Address of Principal Executive Offices) (Zip Code) </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>Registrant&#146;s telephone number, including area code: (858)&nbsp;799-5000 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>N/A </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Former Name or Former Address, if Changed Since Last Report) </B></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR></TABLE> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR></TABLE> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:3px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P
STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;5.02</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers </B></FONT></TD></TR></TABLE> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Appointment of New President and Chief Executive Officer </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">On
June&nbsp;15, 2009, the Board of Directors (the &#147;Board&#148;) of Accelrys, Inc. (the &#147;Company&#148;) appointed Scipio &#147;Max&#148; Carnecchia to serve as President and Chief Executive Officer of the Company. This position was previously
held by Todd Johnson, on an interim basis, since January 2009. Effective June&nbsp;15, 2009, Mr.&nbsp;Johnson will remain to assist with the transition by serving as an advisor to Mr.&nbsp;Carnecchia as requested by Mr.&nbsp;Carnecchia.
Mr.&nbsp;Carnecchia has also been appointed to serve on the Board. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Prior to joining the Company, Mr.&nbsp;Carnecchia, 46, served as President of
Interwoven, Inc., which was acquired by Autonomy Corporation plc earlier this year in a transaction valued at approximately $800 million. Prior to joining Interwoven, Mr.&nbsp;Carnecchia served as Vice President of Global Sales of Xoriant
Corporation from April 2000 to January 2001 and as Vice President of Sales and Services of SmartDB Corporation from September 1996 to February 2000. Mr.&nbsp;Carnecchia holds a B.S. in Electrical Engineering and Computer Science from The Stevens
Institute of Technology. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">No family relationships exist between Mr.&nbsp;Carnecchia and any of the Company&#146;s directors or other executive officers.
There are no arrangements between Mr.&nbsp;Carnecchia and any other person pursuant to which Mr.&nbsp;Carnecchia was selected as an officer, nor are there any transactions to which the Company is or was a participant in which Mr.&nbsp;Carnecchia has
a material interest subject to disclosure under Item&nbsp;404(a) of Regulation S-K. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Employment Agreement with and Offer Letter to New President and
Chief Executive Officer </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In connection with the appointment of Mr.&nbsp;Carnecchia as the Company&#146;s President and Chief Executive Officer, the
Company has entered into an employment agreement, dated June&nbsp;15, 2009, with Mr.&nbsp;Carnecchia (the &#147;Employment Agreement&#148;). Pursuant to the terms of the Employment Agreement, Mr.&nbsp;Carnecchia is entitled to receive an annual base
salary in the amount of $400,000, which amount is subject to annual review by the Human Resources Committee of the Board. Mr.&nbsp;Carnecchia is also entitled to participate in the Company&#146;s management incentive plan, which allows him to
receive, subject to the criteria set forth in the management incentive plan, an incentive bonus in an amount equal to up to 80% at plan of his annual base salary for each year he remains employed with the Company. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company may terminate the Employment Agreement upon one years&#146; notice, which notice may be given at any time. However, even during the term of the Employment
Agreement, Mr.&nbsp;Carnecchia&#146;s employment with the Company will be at-will, meaning that either the Company or Mr.&nbsp;Carnecchia may terminate the employment relationship at any time. If Mr.&nbsp;Carnecchia&#146;s employment with the
Company is terminated during the term of the Employment Agreement by the Company without &#147;cause&#148; or by Mr.&nbsp;Carnecchia for &#147;good reason&#148; (each as defined in the Employment Agreement), Mr.&nbsp;Carnecchia will be entitled to
receive, subject to his continued compliance with certain confidentiality, non-competition, non-solicitation and non-disparagement provisions contained in the Employment Agreement, severance payments and benefits consisting of: (1)&nbsp;an amount
equal to his then-current base salary, payable in equal monthly installments over a period of one year following the date of termination; (2)&nbsp;an amount equal to his then-current target bonus amount under the management incentive plan, payable
in equal monthly installments over a period of one year following the date of termination; (3)&nbsp;a pro-rated amount equal to the incentive bonus that he would otherwise have been entitled to receive under the management incentive plan for the
then-current fiscal year, payable as a lump sum; and (4)&nbsp;reimbursements for COBRA payments made under the Company&#146;s medical and dental insurance plans for a period of up to one year following the date of termination. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In addition, if Mr.&nbsp;Carnecchia&#146;s employment with the Company is terminated within the period commencing two months prior to, and extending eighteen months
following, the occurrence of a &#147;change of control&#148; (as&nbsp;defined in the Employment Agreement) which </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">takes place during the term of the Employment Agreement, Mr.&nbsp;Carnecchia will be entitled to receive, subject to his
continued compliance with certain confidentiality, non-competition, non-solicitation and non-disparagement provisions contained in the Employment Agreement, severance payments and benefits consisting of: (1)&nbsp;an amount equal to twice the amount
of his then-current base salary, payable in equal monthly installments over a period of one year following the date of termination; (2)&nbsp;an amount equal to twice the amount of his then-current target bonus amount under the management incentive
plan, payable in equal monthly installments over a period of one year following the date of termination; (3)&nbsp;a pro-rated amount equal to the incentive bonus that he would otherwise have been entitled to receive under the management incentive
plan for the then-current fiscal year, payable as a lump sum; and (4)&nbsp;reimbursements for COBRA payments made under the Company&#146;s medical and dental insurance plans for a period of up to one year following the date of termination. In
addition, all stock awards issued to Mr.&nbsp;Carnecchia pursuant to the Company&#146;s stock incentive plans will automatically accelerate and become vested in full as of the date of termination. Additionally, all stock options issued to
Mr.&nbsp;Carnecchia will be exercisable during the earlier of one year following the date of termination or the original expiration date of the stock option. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">The timing of payments to Mr.&nbsp;Carnecchia of his severance payments and benefits under the Employment Agreement may be deferred to avoid incurring additional taxes and penalties pursuant to Section&nbsp;409A of the Internal Revenue Code
of 1986 (the &#147;Code&#148;). All payments are subject certain gross-up provisions in the event that they are characterized as &#147;excess parachute payments&#148; within the meaning of Section&nbsp;280G of the Code. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In addition to the Employment Agreement, the Company gave Mr.&nbsp;Carnecchia an offer letter, dated June&nbsp;15, 2009 (the &#147;Offer Letter&#148;). In general, the
Offer Letter describes the terms of Mr.&nbsp;Carnecchia&#146;s employment with the Company (as set forth in the Employment Agreement). Also, pursuant to the terms of the Offer Letter, the Company has agreed to pay Mr.&nbsp;Carnecchia&#146;s
reasonable and customary relocation expenses, including moving costs, temporary living expenses, travel costs related to his relocation to San Diego, and closing costs related to the sale of his existing home and purchase of a new home in San Diego
relating to his relocation to San Diego. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The foregoing descriptions of the Employment Agreement and Offer Letter are intended only as a summary of the
material terms of the Employment Agreement and Offer Letter, and such descriptions are qualified in their entirety by reference to the full Employment Agreement and full Offer Letter, copies of which are attached hereto as Exhibit 10.2 and Exhibit
10.3, respectively, and are each incorporated by reference herein. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Stock Option Agreement with New President and Chief Executive Officer
</I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In addition to the Employment Agreement, the Company has entered into a Stock Option Agreement, dated June&nbsp;15, 2009, with Mr.&nbsp;Carnecchia (the
&#147;Option Agreement&#148;). Pursuant to the Option Agreement, the Company has granted Mr.&nbsp;Carnecchia an option to purchase up to 800,000 shares of Company common stock, at an exercise price equal to the fair market value of the stock as of
the date of the grant. Subject to certain acceleration provisions in the event of a change of control or Mr.&nbsp;Carnecchia&#146;s death or disability, the option will vest over four years with 200,000 shares vesting on the first anniversary of the
grant date, and the remaining 600,000 shares vesting in equal monthly installments over the three-year period thereafter. The option represented by the Option Agreement was granted without stockholder approval as an inducement award pursuant to Rule
5635(c)(4) of the NASDAQ Listing Rules. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The foregoing description of the Option Agreement is intended only as a summary of the material terms of the
Option Agreement, and such description is qualified in its entirety by reference to the full Option Agreement, a copy of which is attached hereto as Exhibit 10.4 and is incorporated by reference herein. </FONT></P> <P
STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;8.01.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Other Events. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">On June&nbsp;15, 2009, the Company issued a press
release announcing the appointment of Mr.&nbsp;Carnecchia as the Company&#146;s President and Chief Executive Officer. A copy of the press release is attached hereto as Exhibit&nbsp;99.1 and is incorporated by reference herein. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;9.01.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Financial Statements and Exhibits. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>(d) Exhibits </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD WIDTH="91%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:39pt"><FONT FACE="Times New Roman" SIZE="1"><B>Exhibit&nbsp;No.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:39pt"><FONT FACE="Times New Roman" SIZE="1"><B>Description</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">10.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Employment Agreement, dated June 15, 2009, between Scipio &#147;Max&#148; Carnecchia and Accelrys, Inc.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">10.3</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Offer Letter, dated June 15, 2009, from Accelrys, Inc. to Scipio &#147;Max&#148; Carnecchia</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">10.4</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Stock Option Agreement, dated June 15, 2009, between Scipio &#147;Max&#148; Carnecchia and Accelrys, Inc.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">99.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Press release dated June 15, 2009</FONT></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SIGNATURES </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">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. </FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>ACCELRYS, INC.</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/&nbsp;&nbsp;&nbsp;&nbsp;Rick E. Russo</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Rick E. Russo</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Senior Vice President and Chief Financial Officer</FONT></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Date: June&nbsp;15, 2009 </FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>dex102.htm
<DESCRIPTION>EMPLOYMENT AGREEMENT
<TEXT>
<HTML><HEAD>
<TITLE>Employment Agreement</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 10.2 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>EMPLOYMENT AGREEMENT </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">This <B>EMPLOYMENT AGREEMENT</B> (the &#147;Agreement&#148;) is made and entered into as of
the Effective Date, as defined below, by and between Accelrys, Inc.<B>,</B> a Delaware corporation (hereinafter, the &#147;Company&#148;), and Scipio &#147;Max&#148; Carnecchia, an individual (hereinafter, &#147;Executive&#148;). </FONT></P> <P
STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>RECITALS </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>WHEREAS,</B>
Executive is commencing employment with the Company on the terms set forth herein and in the offer letter dated June&nbsp;15, 2009 from Ken Coleman (&#147;Offer Letter&#148;). </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>NOW, THEREFORE,</B> in consideration of their mutual promises and intending to be legally bound, the parties agree as follows: </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>1. <U>EMPLOYMENT</U>. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(a)
<U>Title and Location</U>.</B> The Company shall employ Executive as its Chief Executive Officer upon the terms and conditions set forth in this Agreement, and Executive hereby accepts such employment. Executive will be based in San Diego,
California. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(b) <U>Duties and Responsibilities</U>.</B> Executive&#146;s duties, powers and responsibilities in such capacity shall be
those which are customary for such position, as may be determined from time to time by the Company&#146;s Board of Directors (&#147;Board&#148;). Executive agrees to perform and discharge such duties well and faithfully and to be subject to the
supervision and direction of Executive&#146;s Board. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(c) <U>No Conflicts</U>.</B> Executive&#146;s position under this Agreement is a
full-time position. Executive agrees to devote Executive&#146;s full business time, effort, attention and energies to this position. Executive will not render any professional services or engage in any activity that might be competitive with,
adverse to the best interest of, or create the appearance of a conflict of interest with, the Company. Executive agrees to abide by the policies, rules and regulations of the Company as they may be amended from time to time. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(d) <U>No Other Agreement</U>.</B> Executive represents and warrants the Executive is not bound by any employment, consulting, noncompetition,
confidentiality, finders, marketing or other agreement or arrangement that would, or might reasonably be expected to, prohibit or restrict Executive in any manner from performing Executive&#146;s duties and obligations hereunder. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>2. <U>TERM</U>.</B> The term of this Agreement shall commence on the day on which Executive commences employment with the Company (the &#147;Effective
Date&#148;) and shall continue thereafter until the effective date of termination set forth in Section&nbsp;13, below (&#147;Term&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2"><B>3. <U>COMPENSATION</U>.</B> As compensation for Executive&#146;s services under this Agreement: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(a) <U>Base Salary</U>.</B>
The Company will pay Executive an initial annual base salary as set forth in the Offer Letter (&#147;Base Salary&#148;), to be paid semi-monthly in equal installments, less normally applicable payroll deductions. Executive&#146;s Base Salary will be
subject to annual review and adjustment by the Board or a duly appointed committee thereof, in either case in its sole discretion. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(b)
<U>Incentive Bonus</U>.</B> Executive shall be eligible to participate in the Company&#146;s management incentive plan, as may be implemented and modified by the Company at its sole discretion. The Company and Executive agree that Executive&#146;s
initial bonus target percentage will be as set forth in the Offer Letter. Such amounts, payable to Executive under this plan or any other bonus program, shall be referred to herein as the &#147;Incentive Bonus.&#148; The Incentive Bonus for any year
will be paid after the conclusion of the applicable fiscal year, based upon the Board of Directors&#146; determination as to the amount of such bonus earned pursuant to the terms of the management incentive plan, provided Executive is employed by
the Company or its successor on that date. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(c) <U>Vacation and Other Benefits</U>. </B>Executive shall be entitled to the benefit of paid
vacation, holidays, group medical, accident and long-term disability insurance and other fringe benefits and tax qualified retirement plans as the Company shall make available from time to time to its other similarly situated senior executives. The
Company may change or amend its benefits as it deems appropriate from time to time. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>4. <U>TERMINATION AND EFFECT OF
TERMINATION</U>.</B> Executive&#146;s employment hereunder is <B>AT WILL</B> and may be terminated at any time by the Company for any reason. In the event of termination of Executive&#146;s employment, the Company shall have no liability to
Executive for compensation or benefits, except as specified in this Section&nbsp;4 or as required by the Company&#146;s benefits policy. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2"><B>(a) <U>Termination by the Company for Cause</U>.</B> Executive&#146;s employment may be terminated by the Company for Cause at any time upon delivery of written notice to Executive. Upon such a termination, the Company shall have no
obligation to Executive other than the payment of all accrued, but unpaid, Base Salary and any unpaid expenses or expense reimbursements prior to the effective date of such termination. For purposes of this Agreement, &#147;Cause&#148; means the
occurrence of any one or more of the following events or conditions: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(i) any material failure on the part of Executive (other than by
reason of disability as provided in Section&nbsp;4(e) below) to faithfully and professionally carry out Executive&#146;s duties or to comply with any other material provision of this Agreement, which failure continues for ten (10)&nbsp;days after
written notice detailing such failure is delivered by the Company; provided, that the Company shall not be required to provide such notice in the event that such failure (A)&nbsp;is not susceptible to remedy or (B)&nbsp;relates to the same type of
acts or omissions as to which notice has been given on a prior occasion; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(ii) Executive&#146;s dishonesty (which shall include without
limitation any misuse or misappropriation of the Company&#146;s assets), or other willful misconduct, if such dishonesty or other willful misconduct is intended to or likely to materially injure the business of the Company; </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(iii) Executive&#146;s conviction of any felony or of any other crime involving moral turpitude, whether or not relating to Executive&#146;s employment;
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(iv) Executive&#146;s insobriety or use of drugs, chemicals or controlled substances either (A)&nbsp;in the course of performing
Executive&#146;s duties and responsibilities under this Agreement, or (B)&nbsp;otherwise affecting the ability of Executive to perform the same; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman"
SIZE="2">(v) Executive&#146;s failure to comply with a lawful written direction of the Company or the Board of Directors; or </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(vi) Any
wanton or willful dereliction of duties by Executive. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The existence of any of the foregoing events or conditions shall be determined by
the Company in the exercise of its reasonable judgment. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(b) <U>Involuntary Termination by the Company without Cause or Resignation by
Executive with Good Reason</U>.</B> The Company may involuntarily terminate Executive&#146;s employment under this Agreement at any time during the Term without Cause upon delivery of written notice to Executive, and Executive may resign at any time
during the Term with Good Reason (as defined in Section&nbsp;4(c), below). Except as provided by Section&nbsp;4(g) hereof concerning termination in connection with a Change of Control </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">(as defined in such Section&nbsp;4(g)), if, during the Term, Executive&#146;s employment is terminated involuntarily by the Company without Cause pursuant to
this Section&nbsp;4(b) or Executive resigns for Good Reason pursuant to Section&nbsp;4(c) during the Term, the Company shall: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(i) pay
Executive all compensation and benefits accrued, but unpaid, up to the effective date of termination; and </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(ii) provided that, and for so
long as, Executive complies with Executive&#146;s obligations set forth in Sections 6 and 7, below, continue to pay Executive each month (in accordance with the Company&#146;s regular payroll practices) an amount equal to one twelfth
(1/12)&nbsp;Executive&#146;s annual Base Salary in effect as of the effective date of termination, for a period of twelve (12)&nbsp;months after the effective date of termination; </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(iii) provided that, and for so long as, Executive complies with his/her obligations set forth in Sections 6 and 7, below, pay Executive, each month for
a period of twelve (12)&nbsp;months, in accordance with the Company&#146;s payroll practices, one twelfth (1/12)&nbsp;of an amount obtained by multiplying Executive&#146;s target bonus percentage in effect as of the effective date of termination
(expressed as a decimal) times Executive&#146;s annual Base Salary in effect as of such date of termination. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(iv) pay Executive a pro-rata
lump sum amount, prorated for the number of full months during the applicable fiscal year during which Executive had been employed by the Company prior to his/her termination, of the bonus that would have been payable to Executive had she/he
remained employed throughout the year. Such bonus will be based upon the percentage achievement against objectives as determined by the Company&#146;s board of directors at the conclusion of the applicable fiscal year to have been earned pursuant to
the terms of the Company&#146;s management incentive plan; and </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(v) Reimburse or otherwise pay Executive&#146;s Consolidated Omnibus Budget
Reconciliation Act of 1985 (COBRA) payments for medical and dental insurance under the Company&#146;s applicable plans for the lesser of (x)&nbsp;twelve months from the effective date of termination or (y)&nbsp;the date upon which Executive becomes
eligible for medical coverage from a new employer. Executive shall notify the Company no later than 15 days after becoming eligible for such coverage. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2"><B>(c) <U>Termination by Executive for Good Reason</U>.</B> Executive may terminate his/her employment under this Agreement during the Term for Good Reason upon the provision of advance written notice to the Company
no later than thirty (30)&nbsp;days after the initial occurrence of the events or conditions upon which Executive is basing such termination and specifying in reasonable detail the events or conditions upon which Executive is basing such
termination. The Company will be given the opportunity, but shall have no obligation, to &#147;cure&#148; such events or conditions within thirty (30)&nbsp;days after the provision by Executive of such notice. Subject to the provisions of
Section&nbsp;4(g) hereof (concerning termination in connection with a Change of Control), if the Company elects in a written notice to Executive not to cure such events or conditions or otherwise fails to so cure such events or conditions within
such thirty (30)&nbsp;day period, Executive may terminate Executive&#146;s employment with the Company for Good Reason effective at the end of such 30 day notice period. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2">For purposes of this Agreement, &#147;Good Reason&#148; means any one or more of the following events or conditions: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT
FACE="Times New Roman" SIZE="2">(i) the Company&#146;s breach of any of the material terms of this Agreement; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(ii) the Company&#146;s
relocating its office at which Executive is principally employed on the Effective Date of this Agreement, to a location which is more than fifty (50)&nbsp;miles from both Executive&#146;s residence and the offices of the Company at which Executive
is principally employed on the date of execution of this Agreement, and requiring Executive to commute to such location without Executive&#146;s written consent; </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(iii) a material diminution in Executive&#146;s title, duties or responsibilities or conditions of
his/her employment from those in effect on the date of execution of this Agreement; or </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(iv) a reduction of more than 10% in
Executive&#146;s annual Base Salary then-in-effect without Executive&#146;s consent (other than such a reduction applicable generally to other senior executives of the Company) </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Solely for purposes of Section&nbsp;4(g) below, &#147;Good Reason&#148; also means a reduction in the Executive&#146;s target bonus. For the avoidance of doubt, other than in the event of Change of Control Termination
Without Cause or Resignation for Good Reason, as set forth in Section&nbsp;4(g), below, Executive&#146;s bonus target percentage may be modified by the Board or a duly appointed committee thereof at any time at the Board&#146;s or such
committee&#146;s sole discretion. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(d) <U>Termination by Executive without Good Reason (Voluntary Resignation)</U>.</B> Executive may
voluntarily resign his position and terminate his/her employment under this Agreement without Good Reason at any time. Upon such a termination, the Company shall have no obligation to pay compensation and provide benefits to Executive other than the
payment of all accrued, but unpaid, Base Salary and any other unpaid expenses or expense reimbursements prior to the effective date of such termination. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2"><B>(e) <U>Disability</U>.</B> If Executive becomes disabled for more than one hundred eighty (180)&nbsp;days in any twelve (12)&nbsp;month period, the Company shall have the right to terminate Executive&#146;s
employment upon written notice to Executive. Executive shall be deemed disabled for purposes of this Agreement either (i)&nbsp;if Executive is deemed disabled for purposes of any long-term disability insurance policy paid for by the Company and at
the time in effect, or (ii)&nbsp;if in the exercise of the Company&#146;s reasonable judgment, due to accident, mental or physical illness, Executive cannot perform Executive&#146;s duties. In the event that during the Term, the Company shall
terminate Executive due to disability, as described above, Executive shall be entitled to receive the benefits set forth in Section&nbsp;4(b) (i.e., as if Executive were terminated by the Company without Cause). </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(f) <U>Death</U>.</B> In the event of the death of Executive, this Agreement shall automatically terminate and any obligation to continue to pay
compensation and benefits shall cease as of the date of death, except for the payment of all accrued, but unpaid, Base Salary and any other unpaid expenses or expense reimbursement prior to the date of death. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(g) <U>Change of Control Termination Without Cause or Resignation for Good Reason</U>.</B> </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2"><B>(i) <U>Benefits</U>. S</B>ubject to Section&nbsp;4(i) below<B>, </B>in the event, Executive&#146;s employment under this Agreement is terminated by
the Company involuntarily without Cause at any time during the period commencing two (2)&nbsp;months before and ending within eighteen (18)&nbsp;months after the occurrence of a Change of Control during the Term, or Executive terminates employment
with the Company for Good Reason at any time during the period commencing two (2)&nbsp;months before and ending within eighteen (18)&nbsp;months after the occurrence of a Change of Control during the Term, the Company shall, in lieu of providing
Executive with any amounts or benefits otherwise payable under this Agreement: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:17%"><FONT FACE="Times New Roman" SIZE="2">(A) pay Executive all compensation and benefits accrued,
but unpaid, up to the effective date of termination; and </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:17%"><FONT FACE="Times New Roman" SIZE="2">(B) provided that, and for so long as, Executive complies with his/her obligations set forth in Sections
6 and 7, below, continue to pay Executive each month in accordance with the Company&#146;s regular payroll practices an amount equal to two twelfth (2/12)&nbsp;Executive&#146;s annual Base Salary in effect as of the effective date of termination;
for a period of twelve months after the effective date of termination; and </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:17%"><FONT FACE="Times New Roman" SIZE="2">(C) provided that, and for so long as, Executive complies with
his/her obligations set forth in Sections 6 and 7, below, pay Executive, each month for a period of twelve (12)&nbsp;months, in accordance with the Company&#146;s payroll practices, two twelfths (2/12)&nbsp;of an amount obtained by multiplying
Executive&#146;s target bonus percentage in effect as of the effective date of termination (expressed as a decimal) times Executive&#146;s annual Base Salary in effect as of such date of termination . </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:17%"><FONT FACE="Times New Roman" SIZE="2">(D) pay Executive a pro-rata lump sum amount, prorated for the number of full months during the applicable fiscal year during which Executive had been
employed by the Company prior to his/her termination, of the bonus that would have been payable to Executive had she/he remained employed throughout the year. Such bonus will be based upon the percentage achievement against objectives as determined
by the Company&#146;s board of directors at the conclusion of the applicable fiscal year to have been earned pursuant to the terms of the Company&#146;s management incentive plan; and </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:17%"><FONT FACE="Times New Roman" SIZE="2">(E) Reimburse or otherwise pay Executive&#146;s COBRA payments for medical and dental insurance under the Company&#146;s applicable plans for the lesser
of (x)&nbsp;twelve months from the effective date of termination or (y)&nbsp;the date upon which Executive becomes eligible for medical coverage from a new employer. Executive shall notify the Company no later than 15 days after becoming eligible
for such coverage. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">Anything contained in this Section&nbsp;4(g)(i) to the contrary notwithstanding, Executive shall not be entitled to any
of the benefits set forth in this Section&nbsp;4(g)(i) if Executive resigns and terminates such employment voluntarily (other than for Good Reason) or is terminated by the Company (including without limitation any Acquiring Company) for Cause.
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">For purposes of Sections 4(g)(i) and (ii)&nbsp;hereof, the term the &#147;Company&#148; shall include any Acquiring Company (as defined
below) and all obligations of the Company under such Section shall be assumed by any Acquiring Company. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2"><B>(ii) <U>Stock Options</U>.</B>
Subject to Section&nbsp;4(i) below, in the event Executive&#146;s employment under this Agreement is terminated by the Company involuntarily without Cause at any time during the period commencing two (2)&nbsp;months before and ending within eighteen
(18)&nbsp;months after the occurrence of a Change of Control during the Term or Executive terminates his employment with the Company for Good Reason at any time during the period commencing two (2)&nbsp;months before and ending within eighteen
(18)&nbsp;months after the occurrence of a Change of Control during the Term, then, notwithstanding anything to the contrary contained in any stock option or other equity award plan of the Company (&#147;Equity Incentive Plan&#148;), any and all
stock options (&#147;Stock Options&#148;), stock appreciation rights (&#147;SARs&#148;), restricted stock units or restricted stock (collectively &#147;Equity Rights&#148;) shall immediately accelerate and become vested and exercisable upon the date
of termination of Executive&#146;s employment. Any vested Stock Option or SAR may be exercised during the earlier of (a)&nbsp;one (1)&nbsp;year following the date of termination, and (b)&nbsp;the expiration of the original term of the Stock Option
or SAR, and the Company shall take all actions necessary or advisable to give effect to this Section&nbsp;4(g)(ii). </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">Anything contained in
this Section&nbsp;4(g)(ii) to the contrary notwithstanding, Executive shall not be entitled to any of the benefits set forth in this Section&nbsp;4(g)(ii) if Executive resigns and terminates such employment voluntarily (other than for Good Reason)
or is terminated by the Company (including without limitation any Acquiring Company) for Cause. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2"><B>(iii) <U>Definition of &#147;Change of Control</U>.&#148;</B> For purposes of this Agreement, a
&#147;Change of Control&#148; of the Company shall mean the occurrence of any of the following events or circumstances: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:17%"><FONT FACE="Times New Roman" SIZE="2">(A) any
&#147;person&#148; (within the meaning of Section&nbsp;13(d) or 14(d) of the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;)), including a &#147;group&#148; within the meaning of such Section&nbsp;13(d) but excluding the
Company and any of its subsidiaries and any employee benefit plan sponsored or maintained by the Company or any subsidiary thereof (a &#147;Person&#148;), shall become the &#147;beneficial owner&#148; (as defined in Rule 13d-3 under the Exchange
Act), directly or indirectly, of securities of the Company representing fifty percent (50%)&nbsp;or more of the combined voting power of the Company&#146;s then outstanding securities entitled to vote generally in the election of directors
(&#147;Company Voting Securities&#148;); or </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:17%"><FONT FACE="Times New Roman" SIZE="2">(B) the consummation of a merger or consolidation of the Company, or the acceptance by the
stockholders of the Company of shares in a share exchange, where the Persons who were the beneficial owners of Company Voting Securities, outstanding immediately prior to such merger, consolidation or share exchange, do not beneficially own,
directly or indirectly, immediately after such merger, consolidation or share exchange, securities representing more than fifty percent (50%)&nbsp;of the combined voting power of the then outstanding Company Voting Securities or voting securities of
the Acquiring Company in such merger, consolidation or share exchange, in substantially the same proportions as their ownership of the Company Voting Securities immediately prior to such merger, consolidation or share exchange; or </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:17%"><FONT FACE="Times New Roman" SIZE="2">(C) a sale, exchange or other disposition or transfer (in one transaction or a series of related transactions) of all or substantially all of the assets
of the Company; provided, that a Change of Control shall not be deemed to have occurred where (x)&nbsp;the Company sells, exchanges or otherwise disposes or transfers all or substantially all of its assets to another corporation which is
beneficially owned, directly or indirectly, immediately following such transaction by the holders of Company Voting Securities in substantially the same proportions as their ownership of the Company Voting Securities immediately prior to such
transaction and (y)&nbsp;such corporation expressly assumes this Agreement; or </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:17%"><FONT FACE="Times New Roman" SIZE="2">(D) such time as the Continuing Directors (as defined
below) do not constitute at least a majority of the Board of Directors of the Company (or, if applicable, of a successor to the Company), where the term &#147;Continuing Director&#148; means at any date a member of the Board who was (x)&nbsp;a
member of the Board on the date of this Agreement or (y)&nbsp;nominated or elected subsequent to such date by at least a majority of the directors who were Continuing Directors at the time of such nomination or election or whose election to the
Board was recommended or endorsed by at least a majority of the directors who were Continuing Directors at the time of such nomination or election (it being understood that no individual whose initial assumption of office occurred as a result of an
actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board shall be a Continuing Director).
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2"><B>(iv) <U>Definition of &#147;Acquiring Company</U>.&#148; </B>For purposes of Section&nbsp;4 of this Agreement, an &#147;Acquiring
Company&#148; shall mean the resulting or surviving corporation, or the company issuing cash or securities (or its ultimate parent company), in a merger, consolidation or share exchange involving the Company, or the successor corporation to the
Company (whether in any such transaction or otherwise). </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(h) <U>Section&nbsp;409A</U></B><B>.</B> If any benefit or amount payable to Executive under this
Section&nbsp;4 hereof on account of the Executive&#146;s termination of employment constitutes &#147;nonqualified deferred compensation&#148; within the meaning of Section&nbsp;409A of the Internal Revenue Code (&#147;409A&#148;), payment of such
benefit or amount shall commence within sixty (60)&nbsp;days following the Executive&#146;s &#147;separation from service&#148; within the meaning of Treasury Regulation Section&nbsp;1.409A-1(h), which in part provides that a separation from service
will be deemed to occur if the Company and Executive reasonably anticipate that Executive shall perform no further services for the Company (whether an employee or an independent contractor) or that the level of bona fide services Executive will
perform in the future (whether as an employee or an independent contractor) will permanently decrease to no more than 49 percent of the average level of bona fide services performed (whether as an employee or independent contractor) over the
immediately preceding 36-month period. If Executive has failed to execute the release described in Section&nbsp;4(j) below within sixty (60)&nbsp;days of Executive&#146;s separation of service, the payments described in Section&nbsp;4(b),
(c)&nbsp;and (g)&nbsp;shall be forfeited. If, at the time Executive incurs a separation from service, Executive is a &#147;specified employee&#148; within the meaning of 409A, any benefit or amount payable to the Executive under this Section&nbsp;4
on account of Executive&#146;s termination of employment that constitutes nonqualified deferred compensation subject to 409A shall be delayed until the first day of the seventh month following the Executive&#146;s separation from service (the
&#147;409A Suspension Period&#148;). Within 14 calendar days after the end of the 409A Suspension Period, the Company shall pay to the Executive a lump sum payment in cash equal to any payments that the Company would otherwise have been required to
provide under this Section&nbsp;4 but for the imposition of the 409A Suspension Period. Thereafter, the Executive shall receive any remaining payments due under this Section&nbsp;4 in accordance with the terms of this Section (as if there had not
been any suspension period beforehand). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(i) <U>Golden Parachute Tax Provisions</U>. </B>In the event it is determined that any payments
by the Company to or for the benefit of Executive under this Agreement or otherwise pursuant to which Executive is entitled to receive payments or benefits (such payments and benefits collectively, the &#147;Payments&#148;) shall be subject to an
excise tax by reason of the operation of Section&nbsp;4999 of the Internal Revenue Code of 1986, as amended (the &#147;Code&#148;), relating to parachute payments, or any interest or penalties are incurred by Executive with respect to such excise
tax (such excise tax together with any such interest and penalties collectively, the &#147;Excise Tax&#148;), then Executive shall receive (i)&nbsp;a payment from the Company sufficient to pay the Excise Tax, and (ii)&nbsp;an additional payment from
the Company sufficient to pay such Excise Tax and federal and state income taxes arising from the payments made by the Company to Executive pursuant to this sentence (such additional payments collectively, the &#147;Reimbursement Payments&#148;).
For purposes of determining the amount of the Reimbursement Payments, Executive shall be deemed to (i)&nbsp;pay federal income taxes at the highest marginal rates of federal income taxation for the calendar year in which the Reimbursement Payments
are to be made and (ii)&nbsp;pay applicable state and local income taxes at the highest marginal rate of taxation for the calendar year in which the Reimbursement Payments are to be made, net of the maximum reduction in federal income taxes which
could be obtained from deduction of such state and local taxes. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">Notwithstanding the foregoing, if it shall be determined that Executive is
entitled to Reimbursement Payments under the preceding paragraph, but that the Payments would not be subject to the Excise Tax if the Payments were reduced by an amount that is less than 10% of the portion of the Payments that would be treated as
parachute payments under Section&nbsp;280G of the Code, then the amounts payable to Executive under this Agreement shall be reduced (but not below zero) to the maximum amount that could be paid to Executive without giving rise to the Excise Tax (the
&#147;Safe Harbor Cap&#148;), and no Reimbursement Payments shall be made to Executive. The reduction of the amounts payable hereunder, if applicable, shall be made by reducing first the payments under Section&nbsp;4(g)(i)(D), then
Section&nbsp;4(g)(i)(B), then 4(g)(i)(C), then 4(g)(i)(E), and last 4(g)(ii). For purposes of reducing the Payments to the Safe Harbor Cap, only amounts payable under this Agreement (and no other Payments) shall be reduced. If the reduction of the
amounts payable hereunder would not result in a reduction of the Payments to the Safe Harbor Cap, no amounts payable under this Agreement shall be reduced pursuant to this provision. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">Unless the Company and Executive otherwise agree in writing, the determination of Executive&#146;s Excise
Tax liability and the amount required to be paid under this paragraph shall be made in writing by the Company&#146;s accountants or attorneys (the &#147;Advisors&#148;). In the event that the Excise Tax incurred by Executive is determined by the
Internal Revenue Service to be greater or lesser than the amount so determined by the Advisors, the Company and Executive agree to promptly make such payment, including interest and any tax penalties, to the other party as the Advisors reasonably
determine is appropriate to ensure that the net economic effect to Executive under this paragraph, on an after-tax basis, is as if the Excise Tax did not apply to Executive. For purposes of making the calculations required by this paragraph, the
Advisors may make reasonable assumptions and approximations concerning applicable taxes and may rely on interpretations of the Code for which there is a &#147;substantial authority&#148; tax reporting position. The Company and Executive shall
furnish to the Advisors such information and documents as the Advisors may reasonably request in order to make a determination under this Section. The Company shall bear all costs the Advisors may reasonably incur in connection with any calculations
contemplated by this paragraph. The Reimbursement Payments shall be made to Executive no later than thirty (30)&nbsp;days before the due date of any taxes that are the subject of the Reimbursement Payment. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(j) <U>Liquidated Damages/Release</U>.</B> Executive acknowledges that, upon executing a release as set forth below, any payments and benefits
resulting from a termination of Executive&#146;s employment under Section&nbsp;4(b), (c)&nbsp;or (g)&nbsp;of this Agreement which are not required by law are in satisfaction of any and all claims that Executive may have against the Company or any
Acquiring Company (other than benefits under the Company&#146;s benefit plans that by their terms survive termination of employment, benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, and rights to indemnification
under certain indemnification arrangements for officers of the Company), and represent liquidated damages (and not a penalty). The Company will require that Executive execute and not revoke a separation agreement and a release of all claims in favor
of the Company in a form reasonably satisfactory to the Company prior to, and as a condition to, receipt of such payments and benefits. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2"><B>5. <U>TAXES</U>.</B> Except as set forth in Section&nbsp;4(i) above, Executive will be responsible for the payment of any tax liability incurred as a result of this Agreement. The Company may withhold tax on any payments or benefits
provided to Executive as required by law or regulation. The Executive is solely responsible and liable for the satisfaction of all taxes and penalties that may arise under Section&nbsp;409A of the Code, and the Company shall not have any obligation
to indemnify or otherwise hold Executive harmless from any or all of such taxes. The Company shall have the sole discretion to interpret the requirements of the Code, including Section&nbsp;409A, for purposes of this provision, but shall only act in
accordance with written advice from its Advisors </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Nevertheless, if the Company or Executive determine that delaying severance payments will
avoid subjecting Executive to Section&nbsp;409(A) taxes and penalties, the Company shall modify the payment terms of this Agreement to the limited extent, and for the minimum deferral period, that the Company reasonably determines is necessary to
avoid subjecting Executive to Section&nbsp;409A penalties. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>6.</B> <B><U>CONFIDENTIAL INFORMATION</U>.</B> Except as reasonably
necessary to perform Executive&#146;s duties hereunder, Executive agrees not to reveal to any other person or entity or use for Executive&#146;s own benefit any confidential information of or about the Company or its operations, both during and
after Executive&#146;s employment under this Agreement, including without limitation marketing plans, financial information, key personnel, Executives&#146; capabilities, salaries and benefits, customer lists, pricing and cost structures, operation
methods and any other information not available to the public, without the Company&#146;s prior written consent. These obligations are in addition to any similar obligations set forth in the Company&#146;s Invention and Non-Disclosure Agreement.
</FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>7.</B> <B><U>NON-COMPETITION; NON-SOLICITATION; NON-DISPARAGEMENT</U>.</B> </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(a) <U>Restrictions</U>.</B> For so long as Executive is receiving benefits pursuant to section 4, above, Executive shall not, directly or indirectly:
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(i) be employed by, engaged in or participate in the ownership, management, operation or control of, or act in any advisory or other
capacity (including as an individual, principal, agent Executive, consultant or otherwise) for, any Competing Entity which conducts its business within the Territory (as the terms Competing Entity and Territory are hereinafter defined); provided,
however, that notwithstanding any of the foregoing, Executive may make solely passive investments in any Competing Entity the common stock of which is &#147;publicly held&#148; and of which Executive shall not own or control, directly or indirectly,
in the aggregate securities which constitute 5% or more of the voting power of such Competing Entity; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(ii) solicit or divert any business
or any customer or known prospective customer from the Company or its affiliates or assist any person or entity in doing so or attempting to do so; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman"
SIZE="2">(iii) cause or seek to cause any person or entity to refrain from dealing or doing business with the Company or its affiliates or assist any person or entity in doing so; or </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(iv) solicit for employment, or advise or recommend to any other person or entity that he, she or it employ or solicit for employment or retention as an
Executive or consultant, any person who is an Executive of, or exclusive consultant to, the Company (provided that this prohibition shall not apply in the event of a Change of Control Termination or Resignation, as set forth in Section&nbsp;4(g),
above). </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(v) make any derogatory or disparaging statement regarding the Company, its affiliates, directors, or its employees. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2">In the event Executive violates any of the foregoing restrictions, all payments or benefits being provided pursuant to Sections 4(b) and
(c)&nbsp;shall immediately cease. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(b) <U>Definitions</U>.</B> For purposes of this Section&nbsp;7: </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(i) &#147;Competing Entity&#148; means any entity which is presently or hereafter engaged in any business of the type or character engaged in by the
Company or any of its affiliates including, without limitation, (A)&nbsp;the business of developing, marketing or selling software programs which use molecular simulation or analysis to predict chemical or biological activities; (B)&nbsp;the
business of developing, marketing or selling software programs that store, manage or analyze chemical or biological information or (C)&nbsp;any business which is otherwise competitive with a business conducted by the Company or any of its
affiliates; and </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">(ii) &#147;Territory&#148; means North America, Europe and Japan. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">Notwithstanding anything in the above to the contrary, Executive may engage in the activities set forth in Section&nbsp;7(a) hereof with the prior written
consent of the Company, which consent shall not be unreasonably withheld. Further, in determining whether a specific activity by Executive for a Competing Entity shall be permitted, the Company will consider, among other things, the nature and scope
of (A)&nbsp;the duties to be performed by Executive and (B)&nbsp;the business activities of the Competing Entity at the time of Executive&#146;s proposed engagement by such entity. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(c) <U>Acknowledgement</U>.</B> Executive acknowledges and agrees that the covenants set forth in this Section are reasonable and necessary in all
respects for the protection of the Company&#146;s legitimate business interests (including without limitation the Company&#146;s confidential, proprietary information and trade secrets and client good-will, which represents a significant portion of
the Company&#146;s net worth and in which the Company has a property interest). Executive acknowledges and agrees that, in the event that </FONT>
</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Executive breaches any of the covenants set forth in this Section (other than that provided for in Section&nbsp;7(a)(i)), the Company shall be irreparably
harmed and shall not have an adequate remedy at law; and, therefore, in the event of such a breach, the Company shall be entitled to injunctive relief, in addition to (and not exclusive of) any other remedies (including monetary damages) to which
the Company may be entitled under law. If any covenant set forth in this Section&nbsp;7 is deemed invalid or unenforceable for any reason, it is the parties&#146; intention that such covenants be equitably reformed or modified to the extent
necessary (and only to such extent to) render it valid and enforceable in all respects. In the event that the time period and geographic scope referenced above is deemed unreasonable, overbroad, or otherwise invalid, it is the parties&#146;
intention that the enforcing court shall reduce or modify the time period and/or geographic scope to the extent necessary (and only to such extent necessary) to render such covenants reasonable, valid and enforceable in all respects. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>8. <U>ARBITRATION</U>.</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(a)
<U>General</U>.</B> In consideration of Executive&#146;s service to the Company, its promise to arbitrate all employment related disputes and Executive&#146;s receipt of the compensation, pay raises and other benefits paid to Executive by the
Company, at present and in the future, Executive agrees that any and all controversies, claims, or disputes with anyone (including the Company and any employee, officer, director, shareholder or benefit plan of the Company in their capacity as such
or otherwise) arising out of, relating to, or resulting from Executive&#146;s service to the Company under this Agreement or otherwise or the termination of Executive&#146;s service with the Company, including any breach of this Agreement, will be
subject to binding arbitration under the Arbitration Rules set forth in California Code of Civil Procedure Section&nbsp;1280 through 1294.2, including Section&nbsp;1283.05 (the &#147;Rules&#148;) and pursuant to California law. Disputes which
Executive agrees to arbitrate, and thereby agrees to waive any right to a trial by jury, include any statutory claims under state or federal law, including, but not limited to, claims under Title VII of the Civil Rights Act of 1964, the Americans
with Disabilities Act of 1990, the Age Discrimination in Employment Act of 1967, the Older Workers Benefit Protection Act, the California Fair Employment and Housing Act, the California Labor Code, claims of harassment, discrimination or wrongful
termination and any statutory claims. Executive further understands that this Agreement to arbitrate also applies to any disputes that the Company may have with Executive. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(b) <U>Procedure</U></B><B>.</B> Executive agrees that any arbitration will be administered by the American Arbitration Association (&#147;AAA&#148;)
and that a neutral arbitrator will be selected in a manner consistent with its National Rules for the Resolution of Employment Disputes. The arbitration proceedings will allow for discovery according to the rules set forth in the <I>National Rules
for the Resolution of Employment Disputes or California Code of Civil Procedure</I>. Executive agrees that the arbitrator will have the power to decide any motions brought by any party to the arbitration, including motions for summary judgment
and/or adjudication and motions to dismiss and demurrers, prior to any arbitration hearing. Executive agrees that the arbitrator will issue a written decision on the merits. Executive also agrees that the arbitrator will have the power to award any
remedies, including attorneys&#146; fees and costs, available under applicable law. Executive understands the Company will pay for any administrative or hearing fees charged by the arbitrator or AAA except that Executive will pay the first $125.00
of any filing fees associated with any arbitration Executive initiates. Executive agrees that the arbitrator will administer and conduct any arbitration in a manner consistent with the Rules and that to the extent that the AAA&#146;s National Rules
for the Resolution of Employment Disputes conflict with the Rules, the Rules will take precedence. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(c) <U>Remedy</U></B><B>.</B> Except
as provided by the Rules, arbitration will be the sole, exclusive and final remedy for any dispute between Executive and the Company. Accordingly, except as provided for by the Rules, neither Executive nor the Company will be permitted to pursue
court action regarding claims that are subject to arbitration. Notwithstanding, the arbitrator will not have the authority to disregard or refuse to enforce any lawful Company policy, and the arbitrator will not order or require the Company to adopt
a policy not otherwise required by law which the Company has not adopted. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(d) <U>Availability of Injunctive Relief</U></B><B>.</B> In addition to the right under the Rules to
petition the court for provisional relief, Executive agrees that any party may also petition the court for injunctive relief where either party alleges or claims a violation of this Agreement or the Confidentiality Agreement or any other agreement
regarding trade secrets, confidential information, nonsolicitation or Labor Code &#167;2870. In the event either party seeks injunctive relief, the prevailing party will be entitled to recover reasonable costs and attorneys&#146; fees. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(e) <U>Administrative Relief</U></B><B>.</B> Executive understands that this Agreement does not prohibit Executive from pursuing an administrative
claim with a local, state or federal administrative body such as the Department of Fair Employment and Housing, the Equal Employment Opportunity Commission or the workers&#146; compensation board. This Agreement does, however, preclude Executive
from pursuing court action regarding any such claim. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(f) <U>Voluntary Nature of Agreement</U></B><B>.</B> Executive acknowledges and
agrees that Executive is executing this Agreement voluntarily and without any duress or undue influence by the Company or anyone else. Executive further acknowledges and agrees that Executive has carefully read this Agreement and that Executive has
asked any questions needed for Executive to understand the terms, consequences and binding effect of this Agreement and fully understand it, including that Executive is waiving Executive&#146;s right to a jury trial. Finally, Executive agrees that
Executive has been provided an opportunity to seek the advice of an attorney of Executive&#146;s choice before signing this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2"><B>9. <U>WAIVER</U>.</B> The waiver by the Company of any breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach by Executive of any provision of this Agreement. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>10.</B> <B><U>SEVERABILITY</U>.</B> The parties have carefully reviewed the provisions of this Agreement and agree that they are fair and equitable.
However, in light of the possibility of differing interpretations of law and changes of circumstances, the parties agree that in the event that any section, paragraph or term of this Agreement shall be determined to be invalid or unenforceable by
any competent authority or tribunal for any reason, the remainder of this Agreement shall be unaffected thereby and shall remain in full force and effect. Moreover, if any of the provisions of this Agreement is determined by a court of competent
jurisdiction to be excessively broad as to duration, activity, geographic application or subject, it shall be construed by limiting or reducing it to the extent legally permitted so as to be enforceable to the extent compatible with then applicable
law. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>11.</B> <B><U>SUCCESSORS AND ASSIGNS</U>.</B> This Agreement shall bind and inure to the benefit of the successors and assigns of
the Company and the heirs, executors or personal representatives of Executive. This Agreement may not be assigned by Executive. This Agreement may be assigned to any successor in interest to the Company (including by way of merger, consolidation or
reorganization, or by way of any assignment of all or substantially all of the Company&#146;s assets, business or properties), and Executive hereby consents to such assignment. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>12.</B> <B><U>ENTIRE AGREEMENT; AMENDMENTS</U>.</B> This Agreement, including the recitals (which are a part hereof), together with the applicable
bylaws and policies of the Company, constitutes the entire Agreement between the parties hereto and there are no other understandings, agreements or representations, expressed or implied This Agreement supersedes any and all prior or contemporaneous
agreements, oral or written, concerning Executive&#146;s employment and compensation, except for any invention assignment and confidentiality terms of any agreement signed by Executive, provided that the provisions of this Agreement relating to
acceleration and time to exercise vested Stock Options in the event of a Change of Control are in addition to, not in lieu of, any such similar provisions set forth in any Equity Incentive Plan or other document, and further provided that any terms
set forth in the Offer Letter relating to the Company&#146;s payment of relocation expenses, and Executive&#146;s obligations to repay such expenses, shall survive execution of this Agreement, solely as and to the extent set forth in the Offer
Letter, and solely in accordance with its terms. This Agreement may be amended only in writing signed by Executive and an authorized member of the Company&#146;s Board. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>13. <U>TERMINATION; SURVIVAL</U>. </B>The Company may terminate this Agreement upon written notice
delivered to Executive. Such notice may be delivered to Executive at any time after the Effective Date, which termination shall be effective twelve months after delivery of such notice to Executive. Sections 5 (five) through 14 (fourteen), inclusive
shall survive the termination of this Agreement. The obligations of Section&nbsp;4 (four) shall survive only with regards to termination of employment occurring prior to the effective date of termination of this Agreement or with regards to a Change
of Control occurring prior to the effective date of termination of this Agreement. In all other respects the parties&#146; obligations set forth in Section&nbsp;4 (four), above, shall terminate upon termination of this Agreement. <B> </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>14. <U>GOVERNING LAW</U>.</B> This Agreement shall be governed by and construed in accordance with the laws (other than conflicts of laws
principles) of the State of California applicable to contracts executed in and to be performed entirely within such State by residents of such state. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Dated as of June&nbsp;15, 2009. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">ACCELRYS, INC.</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/&nbsp;&nbsp;&nbsp;&nbsp;Ken Coleman</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Ken Coleman</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Chairman, Board of Directors</FONT></TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">EXECUTIVE</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/&nbsp;&nbsp;&nbsp;&nbsp;Scipio &#147;Max&#148; Carnecchia</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Scipio &#147;Max&#148; Carnecchia</FONT></TD></TR>
</TABLE></DIV>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>3
<FILENAME>dex103.htm
<DESCRIPTION>OFFER LETTER
<TEXT>
<HTML><HEAD>
<TITLE>Offer Letter</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 10.3 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px">

<IMG SRC="g50870g97u26.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">June&nbsp;15, 2009 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Scipio
&#147;Max&#148; Carnecchia </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>VIA ELECTRONIC MAIL </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Dear
Max: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">We are pleased to offer you the following position with Accelrys, Inc. (the &#147;Company&#148;). It is our hope that you will become a part of our
exciting and innovative organization. The following will confirm the terms of our offer of employment to you: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Position/Location</U>:</B> You will
assume the position of Accelrys&#146; President and Chief Executive Officer reporting to the Company&#146;s Board of Directors (&#147;Board&#148;). The Company will also appoint you as a member of its Board of Directors. This position is based in
our San Diego headquarters and will require your relocation to the San Diego area. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Compensation</U>:</B> Your compensation in the above position
will include an annual base salary of $400,000.00, less applicable withholdings, paid during the Company&#146;s regular payroll periods. In addition, you will be eligible to participate in our Management Incentive Plan (the &#147;Plan&#148;)
designed to allow you to earn initially up to an additional 80% at plan of your annual base salary in incentive compensation upon achievement of corporate performance objectives as determined by the Board. For fiscal year 2010, your bonus will be
pro-rated for the number of months during the fiscal year during which you were employed by the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Employment and Benefits</U>:</B> As the
Chief Executive Officer of the Company, you will be eligible to participate in our comprehensive employee benefits package, including health, disability and life insurance; participation in our 401(k) retirement savings plan; and vacation benefits.
You will also be eligible for any other benefits provided to our senior executives including enhanced life and long term disability insurance benefits. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px;padding-bottom:3px;"><FONT
FACE="Times New Roman" SIZE="2"><B><U>Option Grant</U>:</B> We are recommending to the Human Resources Committee of the Board of Directors (&#147;Committee&#148;) that you receive a non-qualified option to purchase 800,000 shares of common stock.
The stock option will be priced as of the date of your commencement of employment (the &#147;Vesting Commencement Date&#148;) and shall vest as follows: <FONT SIZE="1"><SUP>&nbsp;1</SUP></FONT><FONT SIZE="2">/</FONT><FONT SIZE="1">4</FONT><FONT
FACE="Times New Roman" SIZE="2"> of the stock underlying the option shall vest on the one year anniversary of the Vesting Commencement Date and 1/48</FONT><FONT FACE="Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">th</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"> of the stock underlying the option shall vest monthly thereafter so that the option shall be fully vested four years from the
Vesting Commencement Date. </FONT></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Employment Agreement</U></B><B>:</B> Concurrently herewith the Company is providing you with an employment
agreement setting forth the terms of your employment. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Relocation Terms</U></B><B>:</B> Accelrys Inc. will agree to pay for reasonable and customary
expenses associated with your relocation to the San Diego area upon your acceptance of this offer and commencement of your employment with us. Relocation expenses must be approved in advance and can include but not be limited to the following items:
</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">The packing and moving of your household goods. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">Temporary living expenses. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">Travel costs associated with your personal move to San Diego. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">Closing costs associated with the sale of your existing Menlo Park home and purchase of a home in San Diego within 12 months of your commencement of employment with
us. </FONT></P></TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Please note that should you voluntarily terminate your employment with the company (without &#147;Good Reason&#148; as
defined in your employment agreement) prior to 2 years from the date of your relocation to San Diego, as defined by final payment of relocation related expenses, you must repay to the company all monies paid to you or on your behalf in conjunction
with your relocation. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Confidentiality</U>:</B> As with all our employees, you will be required to execute and be bound by the Company&#146;s
Invention and Non-Disclosure Agreement which you will find enclosed for your review and execution prior to your commencement of employment with the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><B><U>Proposed Start Date</U>: </B>We would appreciate your acceptance of our offer by execution of the accompanying employment and confidentiality/invention assignment agreements on June&nbsp;15, 2009, with an agreed upon start date of
June&nbsp;15, 2009. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">I look forward to your joining the Accelrys Inc. team and your involvement in what we are confident represents an exciting and
professionally rewarding venture. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Accelrys, Inc.</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/&nbsp;&nbsp;&nbsp;&nbsp;Kenneth Coleman</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Kenneth Coleman</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Chairman, Board of Directors,</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Accelrys, Inc.</FONT></TD></TR>
</TABLE></DIV>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>4
<FILENAME>dex104.htm
<DESCRIPTION>STOCK OPTION AGREEMENT
<TEXT>
<HTML><HEAD>
<TITLE>Stock Option Agreement</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 10.4 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>ACCELRYS, INC. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>STOCK OPTION AGREEMENT </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>GRANT DATE: JUNE&nbsp;15, 2009 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman"
SIZE="2"><B>A<SMALL>CCELRYS</SMALL>, I<SMALL>NC</SMALL>.</B> (the <B><I>&#147;Company&#148;</I></B>) hereby grants to you (the <B><I>&#147;Participant&#148;</I></B>) an option to purchase that number of shares of the Company&#146;s Common Stock set
forth below (the <B><I>&#147;Option&#148;</I></B>). The terms of the Option shall be governed by this Agreement and this Agreement shall constitute an &#147;employee benefit plan&#148; as defined in Rule 405 of the Securities Act of 1933, as amended
(the &#147;<B><I>Securities Act</I></B>&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>1.</B> <B>D<SMALL>ETAILS</SMALL> <SMALL>OF</SMALL> O<SMALL>PTION</SMALL>. </B>The
details of your Option are as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="29%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="68%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Date of Grant:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">June&nbsp;15, 2009</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Number&nbsp;of&nbsp;Shares&nbsp;Subject&nbsp;to&nbsp;Option:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">800,000 shares of Common Stock</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Exercise Price (Per Share):</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$5.38</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aggregate Exercise Price:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$4,304,000.00</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Expiration Date:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">The earlier of (1) the 10th anniversary of the Date of Grant indicated above and (2) except as set forth in Section 4(g)(ii) of the Employment Agreement (as defined in Section 5(d)) or in
Section 6 below, the 90th day following the date of termination of your employment with the Company or its Affiliates for any reason.</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Type of Grant:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">The Option shall be a non-qualified stock option.</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Vesting Schedule:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">200,000 shares shall vest and become exercisable on the first anniversary of the Date of Grant, and the remaining 600,000 shares shall vest in equal monthly installments over a 3-year period
thereafter, such that the Option shall be fully vested and exercisable on the 4th anniversary of the Date of Grant. Notwithstanding the foregoing: (i)&nbsp;in the event there is a Change of Control (as defined in the Employment Agreement), vesting
and time to exercise shall be as set forth in the Employment Agreement; and (ii)&nbsp;in the event of your death or Disability (as defined in Section&nbsp;5(c)), vesting and time to exercise shall be as set forth in Section&nbsp;6.</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>2.</B> <B>E<SMALL>XERCISE</SMALL>. </B>You may exercise your Option only for whole shares of
Common Stock. In order to exercise your Option, you must submit to the Company: (i)&nbsp;a completed and executed notice of exercise in the form attached hereto as <B>Attachment 1</B>; and (ii)&nbsp;payment of the relevant aggregate exercise price
(1)&nbsp;in cash, (2)&nbsp;in cash received from a broker-dealer whom you have authorized to sell all or a portion of the shares of Common Stock covered by this Option, (3)&nbsp;at the sole discretion of the HR Committee, in shares of Company Common
Stock held by you (and valued at their Fair Market Value on the date of exercise), or (4)&nbsp;in such other manner deemed appropriate by the HR Committee. You expressly acknowledge and agree that you may not exercise your Option unless the tax
withholding obligations of the Company and/or any Affiliate are satisfied. Accordingly, but without limiting the generality of the foregoing, you and the Company expressly acknowledge and agree that, as a condition to the exercise of your Option,
the Company may require you to enter into an arrangement providing for the payment by you to the Company of any tax withholding obligation of the Company arising by reason of the exercise of your Option or the disposition of shares of Common Stock
acquired upon the exercise of your Option. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>3.</B> <B>T<SMALL>ERM</SMALL>; C<SMALL>ESSATION</SMALL> <SMALL>OF</SMALL> V<SMALL>ESTING</SMALL>.</B>
You may not exercise your Option before the commencement of its term or after its term expires. The term of your Option commences on the Date of Grant indicated in Section&nbsp;1 and expires upon the Expiration Date set forth in Section&nbsp;1, it
being understood that in no event shall the term of the Option extend beyond the 10th anniversary of the Date of Grant. Subject to Section&nbsp;4(g)(ii) of the Employment Agreement and Section&nbsp;6 below, the vesting of your Option shall cease as
of the date of your termination of employment for any reason or no reason. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>4.</B> <B>M<SMALL>ARKET</SMALL>
S<SMALL>TAND</SMALL>-O<SMALL>FF</SMALL> A<SMALL>GREEMENT</SMALL>.</B> By exercising your Option, you agree that you shall not sell, dispose of, transfer, make any short sale of, grant any option for the purchase of, or enter into any hedging or
similar transaction with the same economic effect as a sale, any shares or other securities of the Company held by you, for a period of time specified by the managing underwriter(s) (not to exceed one hundred eighty (180)&nbsp;days) following the
effective date of a registration statement of the Company filed under the Securities Act (the <B><I>&#147;Lock-Up Period&#148;</I></B>); <U>provided</U>, <U>however</U>, that nothing contained in this Section&nbsp;4 shall prevent the exercise of a
repurchase option, if any, in favor of the Company during the Lock-Up Period. You further agree to execute and deliver such other agreements as may be reasonably requested by the Company and/or the underwriter(s) that are consistent with the
foregoing or that are necessary to give further effect thereto. In order to enforce the foregoing covenant, the Company may impose stop-transfer instructions with respect to your shares of Common Stock until the end of such period. The underwriters
of the Company&#146;s stock are intended third-party beneficiaries of this Section&nbsp;4 and shall have the right, power and authority to enforce the provisions hereof as though they were a party hereto. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>5.</B> <B>C<SMALL>ERTAIN</SMALL> D<SMALL>EFINITIONS</SMALL></B><SMALL><B></B></SMALL><B>.</B> Capitalized terms used herein and not otherwise defined,
shall have the following meanings: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(a)</B> <B><I>&#147;Affiliate&#148;</I></B> shall mean any entity in which the Company owns 50% or
more of the total combined voting power or otherwise has a substantial direct or indirect equity interest, as determined by the Board of Directors of the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
FACE="Times New Roman" SIZE="2"><B>(b)</B> <B><I>&#147;Code&#148;</I></B> shall mean the Internal Revenue Code of 1986, as amended from time to time, including regulations thereunder and successor provisions and regulations thereto. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(c)</B> <B><I>&#147;Disability&#148;</I></B> means a physical or mental impairment that satisfies the definition of disability under
Section&nbsp;22(e)(3) of the Code. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(d)</B> <B><I>&#147;Employment Agreement&#148;</I></B> shall mean that certain Employment Agreement
dated June&nbsp;15, 2009 between the Company and Scipio &#147;Max&#148; Carnecchia. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(e)</B> <B><I>&#147;Fair Market Value&#148;</I></B>
means on any given date: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2"><B>(i)</B> if the Common Stock is listed on an established stock exchange or exchanges, the closing price of the
Common Stock on the principal exchange on which it is traded on such date, or if no sale was made on such date on such principal exchange, on the last preceding day on which the Common Stock was traded; </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2"><B>(ii)</B> if the Common Stock is not then listed on an exchange, but is quoted on the NASDAQ or a similar quotation system, the closing price per
share for the Common Stock as quoted on the NASDAQ or a similar quotation system on such date; or </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2"><B>(iii)</B> if the Common Stock is not
then listed on an exchange or quoted on the NASDAQ or a similar quotation system, the value, as determined in good faith by the Board of Directors of the Company and in accordance with applicable provisions of the Code. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(f)</B> <B><I>&#147;HR Committee&#148;</I></B> shall mean the human resources committee of the Board of Directors of the Company or such other
committee as is designated by the Board of Directors of the Company to administer its employee benefit plans. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>6. V<SMALL>ESTING</SMALL> <SMALL>UPON</SMALL> D<SMALL>EATH</SMALL> <SMALL>OR</SMALL>
D<SMALL>ISABILITY</SMALL>.</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(a)</B> In the event that your employment with the Company terminates as a result of your death and prior
to the complete exercise of the Option, the remaining portion of the Option shall be fully vested and may be exercised in whole or in part any time within the one (1)&nbsp;year after the date of your death and then only: (i)&nbsp;by the beneficiary
designated by you in a writing submitted to the Company prior to your death, or in the absence of same, by your estate or by or on behalf of such person or persons to whom your rights pass under your will or the laws of descent and distribution;
(ii)&nbsp;to the extent that you would have been entitled to exercise the Option at the date of your death had it been fully vested, and subject to all of the conditions set forth herein; and (iii)&nbsp;prior to the expiration of the term of the
Option as set forth in Section&nbsp;3. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT FACE="Times New Roman" SIZE="2"><B>(b)</B> In the event that your employment with the Company terminates as a result of your
Disability and prior to the complete exercise of the Option, the remaining portion of the Option shall be fully vested and may be exercised in whole or in part any time within the three (3)&nbsp;years after the date of the termination of your
employment as a result of your Disability. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>7.</B> <B>C<SMALL>APITALIZATION</SMALL> A<SMALL>DJUSTMENTS</SMALL>.</B> If any change is
made in, or other event occurs with respect to, the securities subject to the Option without the receipt of consideration by the Company (through merger, consolidation, reorganization, recapitalization, reincorporation, stock dividend, dividend in
property other than cash, stock split, liquidating dividend, combination of shares, exchange of shares, change in corporate structure or other transaction), the type and number of securities subject to the Option, together with the applicable
exercise price per share, will be appropriately adjusted. The HR Committee shall make all such adjustments in its sole discretion, which adjustments shall be final, binding and conclusive. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>8.</B> <B>T<SMALL>RANSFERABILITY</SMALL>.</B> The Option shall not be transferable except by will or by the laws of descent and distribution and shall
be exercisable during your lifetime only by you. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>9.</B> <B>N<SMALL>OTICES</SMALL>.</B> Any notices to be delivered pursuant to this
Stock Option Agreement shall be given in writing and shall be deemed effectively given upon receipt or, in the case of notices delivered by mail by the Company to you, five (5)&nbsp;days after deposit in the United States mail, postage prepaid,
addressed to you at the last address you provided to the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>10.</B> <B>S<SMALL>EVERABILITY</SMALL>.</B> If one or more provisions
of this Stock Option Agreement are held to be unenforceable under applicable law, such provision shall be excluded from this Stock Option Agreement and the balance of the Stock Option Agreement shall be interpreted as if such provision were so
excluded and shall be enforceable in accordance with its terms. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>11.</B> <B>B<SMALL>INDING</SMALL> <SMALL>AND</SMALL>
E<SMALL>NTIRE</SMALL> A<SMALL>GREEMENT</SMALL>.</B> The terms and conditions of this Stock Option Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties. This Stock Option Agreement and the
Employment Agreement constitute the full and entire understanding and agreement between the parties with regard to the subjects hereof and thereof no party shall be liable or bound to any other party in any manner by any representations, warranties,
covenants and agreements except as specifically set forth herein. Any provision of this Agreement may be amended only with the written consent of you and the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2"><B>12.</B> <B>G<SMALL>OVERNING</SMALL> L<SMALL>AW</SMALL>.</B> This Stock Option Agreement shall be governed by and construed under the laws of the State of California, without reference to its conflicts of laws
principles. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>13.</B> <B>C<SMALL>OUNTERPARTS</SMALL>.</B> This Stock Option Agreement may be executed in two or more counterparts, each
of which shall be deemed an original and all of which together shall constitute one instrument. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">[REMAINDER OF PAGE INTENTIONALLY LEFT
BLANK] </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>COMPANY:</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>A<SMALL>CCELRYS</SMALL>, I<SMALL>NC</SMALL>.</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/&nbsp;&nbsp;&nbsp;&nbsp;Ken Coleman</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Ken Coleman</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Title:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Chairman, Board of Directors</FONT></TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>PARTICIPANT:</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/&nbsp;&nbsp;&nbsp;&nbsp;Scipio &#147;Max&#148; Carnecchia</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>Scipio &#147;Max&#148; Carnecchia</B></FONT></TD></TR>
</TABLE></DIV>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>A<SMALL>TTACHMENT</SMALL> 1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>N<SMALL>OTICE</SMALL> <SMALL>OF</SMALL> E<SMALL>XERCISE</SMALL> </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Accelrys, Inc.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">10188 Telesis Court, Suite 100 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">San Diego, CA 92121
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Attention: Human Resources Committee </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">Date of
Exercise: <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Ladies and
Gentlemen: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">This letter is intended to inform you of my election pursuant to that certain Stock Option Agreement effective as of
June&nbsp;15, 2009 between me and Accelrys, Inc. (the <B><I>&#147;Company&#148;</I></B>) to purchase pursuant to my Option (as defined in the Stock Option Agreement) that number of shares of the Company&#146;s Common Stock indicated below:
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="43%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="56%"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Number&nbsp;of&nbsp;shares&nbsp;as&nbsp;to&nbsp;which&nbsp;Option&nbsp;is&nbsp;exercised:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total exercise price:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Means of payment of exercise price:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">I hereby make the following certifications and representations with respect to the number of
shares of Common Stock of the Company listed above (the <B><I>&#147;Shares&#148;</I></B>), which are being acquired by me for my own account upon exercise of the Option as set forth above: </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:13%"><FONT FACE="Times New Roman" SIZE="2">I warrant and represent to the Company that I have no present intention of distributing or selling the Shares, except as permitted under the Securities
Act of 1933, as amended (the <B><I>&#147;Securities Act&#148;</I></B>) and any applicable state securities laws. I further acknowledge that my ability to sell the Shares may be limited by the Securities Act (including, without limitation, Rule 144
promulgated under the Securities Act) and by the terms and conditions of the Stock Option Agreement. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">Very truly yours,</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
</TABLE></DIV>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>5
<FILENAME>dex991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML><HEAD>
<TITLE>Press release</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 99.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>Accelrys, Inc. Names Max Carnecchia To Serve As Chief Executive Officer And President </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">San Diego, Calif.
June&nbsp;15, 2009 &#150; Accelrys, Inc. (NASDAQ: ACCL) a leading global provider of scientific business intelligence software and services, announced that its Board of Directors has named Scipio &#147;Max&#148; Carnecchia to serve as the
Company&#146;s Chief Executive Officer and President, effective today. Mr.&nbsp;Carnecchia has also been appointed to the Company&#146;s Board of Directors. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Mr.&nbsp;Carnecchia comes to Accelrys with more than two decades of high technology experience. Most recently he served as President of Interwoven, a global leader in content management solutions. At Interwoven, he ran the day to day
operations of the business and led the company through 21 consecutive quarters of year over year revenue growth and operating margin expansion. Interwoven was acquired by Autonomy Corporation plc earlier this year in a transaction valued at
approximately $800 million. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Todd Johnson, who has served as Accelrys&#146; interim President and Chief Executive Officer, is resigning his position
effective June&nbsp;15, 2009. He will serve as an advisor to Mr.&nbsp;Carnecchia for a period of time to assist with the transition. Mr.&nbsp;Johnson was named interim President and CEO in January 2009. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Ken Coleman, Chairman of Accelrys&#146; Board of Directors commented: &#147;Max brings to Accelrys strong execution skills, a proven ability to develop performing teams
and a solid track record of driving shareholder value.&#148; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In commenting on his appointment, Mr.&nbsp;Carnecchia stated: &#147;Accelrys is a solid
company with a great collection of assets, strong technology and a talented team.&nbsp;I look forward to working with the team to take&nbsp;the company&nbsp;to its full potential.&#148; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Prior to Interwoven, Carnecchia served as Vice President of Global Sales of Xoriant Corporation, Vice President of Sales and Services of SmartDB Corporation, and as Vice President of Sales for Group 1 Software. He
received a Bachelor of Engineering in Electrical Engineering and Computer Science from The Stevens Institute of Technology. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>About Accelrys:
</B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Headquartered in San Diego, California, Accelrys develops scientific business intelligence software and solutions for the life sciences, energy,
chemicals, aerospace, and consumer products industries. Our customers include many Fortune 500 companies and other commercial entities, as well as academic and government entities. We have a vast portfolio of computer-aided design modeling and
simulation offerings which assist our customers in conducting scientific experiments &#145;in silico&#146; in order to reduce the duration and cost of discovering and developing new drugs and materials. Our scientific business intelligence platform
underlies most of our computer-aided design modeling and simulation offerings. Our platform can be used with our products, our competitors&#146; products and our customers&#146; proprietary predictive science products. Its flexibility, ease-of-use
and advanced chemical, text and image analysis and reporting capabilities enable our customers to mine, aggregate, analyze and report scientific data from disparate sources, thereby better utilizing scientific data within their organizations. For
more information about Accelrys, visit its website at <U>http://accelrys.com/</U>. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Forward-Looking Statements: </B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Statements contained in this press release relating to the Company&#146;s or management&#146;s intentions, hopes, beliefs, expectations or predictions of the future are
forward-looking statements. Such forward-looking statements including, but not limited to, statements relating to the Company&#146;s potential are subject to a number of risks and uncertainties. These include risks that the Company will not achieve
its anticipated potential, results or growth plans, due to, among other possibilities, an inability to withstand negative conditions in the global economy or a lack of demand for or market acceptance of the Company&#146;s products, as well as the
risks and uncertainties that are contained from time to time in the Company&#146;s SEC filings, including, but not limited to, the Company&#146;s Annual Report on Form 10-K for the year ended March&nbsp;31, 2009, quarterly reports on Form 10-Q and
current reports on Form 8-K. The Company&#146;s actual results could differ materially from those projected in such forward-looking statements due to these risks and uncertainties, and the Company disclaims any intention or obligation to revise any
forward-looking statements whether as a result of new information, future events or otherwise. </FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g50870g97u26.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g50870g97u26.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`/P#,`P$1``(1`0,1`?_$`*\```("`@(#`0``````
M```````)"`H&!P,%`0(+!`$!``("`P$!``````````````$(`@,$!@<%"1``
M``8"`0,"!0(""`8#`````0(#!`4&!P@1`!()(1,Q(A05"D%1,A9A<8&1L2,D
M%Z'!X3-#&F,T&!$``0,"!0($!`0#!`L``````0`"`Q$$(1(%!@<Q05%A$PAQ
M@9$BH3(C%#,5%L'1\8+PL>%"4F)RDD-38__:``P#`0`"$0,1`#\`O\=$7"J<
MA`'O'@`#D1$0````Y$>1'X!QTJX"K!5RP>&$4>:-7H*A.P@ASP8>``0-S_"(
M_`.!YX#K6_$`RM.:N`'BC6U;2(@L`Q/DEV[`>5[Q\ZSSKZI95V5I;>WQBID9
M*HU-.7OT]&N"`85&TDUID=,IQCM(2<&1<*)*%'XEZ[UH?'>^-P1B>RL)?VSA
M5KR"T$=L3]>G1=(U3D'9V@2N@N]1B;,#1S00XCQP']ZZS`?EX\>6RDLUKF+]
MBJ^I87SDC1E#W"#M5#5>.U#`FFU:OK9"1,0N[4./!4B.14$?@7J-=X]WCMX9
MKZS>0!U:0X8?`?V+?I&_=IZL<NGW3`X]G`@_BF4-U"*HIJ)B4Q#E[B&(8#D,
M41$0,4X")3%$/4!#D!#KI(]3_P`K<DG<>"[DV1LH$C'!S3W'0KFZE2CHB.B(
MZ(CHB.B(Z(CHB.B(Z(CHB.B(Z(CHB.B(Z(CHB.B(Z(CHBX%5#E+R4"B/<4!Y
MY^`B`"///Q`.>G4`CJ4C+279\`U(XV,WCR)L-O76/&7I_9S4]["MEK9M_L1#
ME9R$OC&D1+9J[EL>XS^I2>1[+(4LG(-&3B4534&)7D$BI$]]-4R?JFE[+@TO
M95SOW<&86Y(CM8^@?)C]SP14MZ8#L:UZ+RG5-Z?S?=<&RM!+3<@E]P_J61-H
M'9:$4<"0*XXU"@WYJ=[;7AII#Z`ZPV2:J/T=39.\UWQA.2;FWM82:;J+Q6/V
M5L=NG$PG,3\?W/II\*XO5".$D^\H+*"/K'`O%']6VLF^]PQAT3'T@C``;@[%
MQ:0:Y:4%*"N/A3P#W(\TNV0Z+8^V9BV[RYKA]27BH&1H(Z`U)=45P%.AKIGQ
MB>)C7>NX83WGWW+`DH*S%2ST.A7AU]!4$*^FL8S6[Y$3<F(ZLKRPK)">+C%.
M\JR1R**)K**E(7ZO,').H:AN!O'W&C7B6(".0L%7.>0`Y@(H`!C4GIX]2OG\
M.<=:5;[9?RARK*6V9`EB$CZ-RC[@X@]2ZF`'7'MUECDOSN:B8B]VBX!U0?Y"
MI\*"C)@Z;Q=0Q135DVI^Q/[+!+04K)F9?*`D,JS;"8/F`OKU\?2O;;OC4X/5
MW)J<=K<G_=.:4_/[V@>%!4>:^[J/NXXTTVZ_;[:TR2ZC_P#8TLB'X1N_UK*\
M#?DC:HW"?CJGG'&-]UN;.UDF36X/'#&^8_CQ.<J27WI]`-(^<@F9.[YEACE4
M$BAR<Y2^H=7W1[<MXZ/#)<://%?118NHPM<X`5HT9G8]L2N][/\`<KL[<\T=
MK>L=:74AIB\.:#4@8Y6X4`K\587JELKUX@(BV5">AK15;#'-I:`L5?D&TM#3
M,:\("K5_&R3)59H[:KIF`2F(80_MY`*_W45W:3.MKB)T5PQQ:X.Z@CM3!6'M
M[FUNH6RVT@D:X5#F_E(/AU^:R3U].H'3'JM^"\]%".B(Z(CHB.B(Z(CHB.B(
MZ(E,W#S'ZNTCR#0GC4F*[EU38>P6BHUF.>,J@P6QX(W&FC>&$FO9U)Y%=)DU
MAP[5@!J90%O0"B`@/1$V0@B)>1XYY$/E^'H/'[CT1>W1$=$1T1'1$=$1T1'1
M%@.2[4>D8WO]U30!=2GT>UVE-N?^%=2NP,A+E1-P/(E5,SX'C]!ZW6$7[BZA
MMAU=(P'_`#.HN#J,IALKF48%L+R/\K253D_'%M1)S<[8RW75^$CD'+.)9*W*
M23Y0#R$G)O\`(D;9+DH0P@43G6/*(F$`]023#]"]6_\`<-H,NE<>:7I\+7BR
MMY:2AHJTO<P!M#A45KU`[*E'MRW-#JW)VHQ7+@[4YHG>F3T$8?5XJ3^?!N`K
M7$U47-SH)W<-[MD5[8*I74OL'985T14/;52B$+`V@(XAN1]$T*\W1`!#D#$*
M'`\&`>K.<6V5MI_#]EJ%E4!FE%[Q2@-6,^X>.)Q/FJ,<S;CO]0YTU.SOP?2&
MM"$EW4,;*YK&_,?Z8)P'FAIF;9V;UTQ+2:A:9;!<318UO68NJ0TM)Q4Q?VYP
MAF[*0;1*#A,)"'KZ3<8]-8"@`.%3)CW`80K][7KO8HM]<W'N6YM6;E;<N-9G
M`'TB:O()J:UKVZTQ5D_>5!R"^?0-H[3M;M^T7VD3&B!I+#*`,K74('8?+%:4
MH'BXUHP'CZNY=\E.6%\?FM1B*5W#5<?K-IH2`FFHHVFWT*QD)^7EDTE""Z0C
MTR)-@$"G6$W/7U]P<U[PW?K=SH?"&F?N+:V)#YR,U16E68M!![$G'P[KYNTO
M;[L;CS0+3=/N"U7]E>7)JRS::'Q`=6I%.X`P\>RD'6M'?`WMXBKCW$]A:P&0
M'J1FT8C%9.O=3ORK@"BDDK'0V0G2S6:/W<&]I-LL"@!P(<#UY7KF\/<7LM[]
M1W%!<.A!&;/&"RA%:?IG`4\?JK$[6VU[9=ZQ,TW:=W;LNW@Y0V0"0$$XN#FT
M)/6@/?!9_H3@/8+Q-[*1>I5NO$AF/1O99]/FU]R`];&:2&(,X1C![/N<:VF(
M(=PVA&V1*]'.E6IVYPCW<@S$2`DNJH0WFV\->T??FEC<-I`RVW%"XFZ;4`/C
M=1K#'0#,0ZN:H!:.Y!HO:]G:)J.P;XZ!>7$MSHLP`MB14M<,79ZDY6D$`.!.
M8]A2J<KL]MKKQICBA_FW9K)T'B;&4;),80]DGB/W!'L]*`X-%P,5'Q320E)6
M9D@:J"BW0144,"9AXX*(AY#('-D;B,I7K$?ZCBQO4"ODE"1'Y/'B.E)YK#N\
MNY.KL<]<%;MKA8L'9%8U%7W#=J:WW%"(=O"MS\\]PM@[2^IN`ZSJMGHO\D[[
M%&9L69UH%<RKAR^5K)6.+:R!_7+G3Y1K,04HWY$IP1=ME#`DY;J%,19%0"*H
M*%$BA2F].I6L@@T/51>W+\E^D^@D;&NMHLYUR@S4XT6?5VBM4)&SY#L#1#D#
MNHREUQI)3GT/>42`Z721:B<!+[O("'10H:ZV_D-^+':+)M8P]1,Y3E;R%>)Z
M.J]*A,D8[MU02M5BEW:3"*AHF65CWD.5_(O5B)()N%T!54,`%YY#HB:OG#8'
M"FM>/)S+&>\F5'%&.:Z"996VW.60B8PCA?N^G8,_=$7,K*NNT02:-4UG*HAP
M1,W1$E-#\G_P_+6T:N?.5Z:M0>_1_P`X.\-9"1J(\&[1="\^T&E4V8?'O.S+
MZ>O'1$\.A9AQCD_%];S50[M`V/$]OJ;6]UR_M7I&]:DJ<]8_<F]B"0??2D:1
M@L0%0ZC@$O:*4>\"\#T4AI/1)IS!^27XDL/720HSC/\`-Y&D(=<[:9F,18YM
MM\J4:LDH**X#:6+%O#2:2"A1`RC!5VGZ#P8>BV"%Y3*=1]Z]4-ZJ,[R%JSF6
ML96@HIPW9V!K%F=QUDJSUTF95JUL]6F6T?/P9W:91,@==N5%P4!%(YP]>BQ,
M;@:%5"M@F)1_+ZQ`!BC_`)LMB"0`"@)N3IZXRX=WH'Z`S`1']`Z+!6X2^033
ML-GYK3`^<:NVV7KD/)V*=Q8\;S+*3B("(J2-[DIE_+NXQ&MMHUK4W!7IE3/`
M*"0#R/)1`"R#'%N8=%#>G^>WQG9(VFI.H&,<TRV2<JY!NI,>UF1IM(L,ECU]
M:S_6`9BC=UV[.+>-4SL%2B[:@X9F,7Y%3!Z]%+F.:*E2E2\F.CRFTA=*SY\K
MS3:`]H<TY/$4C#VN,GE;`V@%+1]&B]D(%M!KE=P*?U+90CHR;HAB^T)Q,4!+
M!3M$W;QZ#ZB`?I\1'@`]1#HB@W@WR3:3[+9INFN^"<[0&2\R8Z+:U+S2J]$6
M@SNKHTJ>3K%A6EI%Y!M(5!)I/JE:D$')O?5-PGW``B!9B-Q&;LHQ[7>=OQFZ
M=W^3Q/E#/)K#D^!>*1UCHN*:K/9)F:W(HAW+QL\X@&JD)&RC8/15HH[!RD/H
M=,HCQT4%I:*E=OJ5YQ/&GNE>HC%.'-@VK++%@=%8U_&62:Q9,<V^P/C(*."L
M8%M98YK&S3\R*1A!NU=*KB!1X(/'18IL_>'[#_=_UZ(H<RF;:_<=ILD:8S1D
MB)KZKP.5#(G,0KZ2C+K=;KCRS$0,?U%*+9M&/)?7@77/7W?Y;/::/#N*,'(V
M^R$T-!D#7"IZ"M32JZW/?LU'6I]N.+6.DL"X#N<Y<TT'4T`"I(T)GE[QK;I/
MF[5@HSO>";[(1Z#9^55O&W6CNP53:`X.3N%:!N].>E.FJ3GVU!`>.Y+T_2BQ
ML-+Y>XR9%?2AME>6[1G%'%DS1Y='-=]"*%?CWN76]P<#\M?S*U+OW%A=N)8:
M@21%V(Q&(<!CXC$*RC1M;]%_)CD)AM;4K+;J[="KUV3S#B!D^B6SD]EB2-S-
MSVEBY9N)!`KDK,B`O6"A6\@DD4PB4_<`5EU3?/+O!.A7'&^JP1S:+-&Z.VN"
M"X&)QS48[I7`'*XU`'2E"K::/QKP7[F]?@Y2T.[DM]=9*R6\M.A,K3B7-S##
M,?S@$5.-":)Z!B)II($!,"))^W[8D#@J8$3$$R$+P/:!2_*'[=558P9S-7*]
MV+@#U)ZU\5>R:&,>C#&QK@QY#6D8-#6.`(\.F"6)Y$?':&ZB='L,/DQ/'5JH
M,-.1#89N+/,UB1B9ITU?./K4V[YB[C7C=PUY!=,Q@.0>TQ?0./=N%>:[CBNX
MN;<61O;2\<"1&[(_I3#`G'P`ZJK?N2]NPYQ98ZN[46Z??6#*?JXQG$G'&@Q/
M@56%W/\`%YM%JS`GR,^C([(&/8@R3T^2<4OW[]M7>U7O;2<S&_2LYZMH-3D`
MQ7R95&R9A]5BB'/5P]N\W;'Y&F=H;99=.NP"#;W0!]0D5+0:FI\NM.RHMNOV
M[<D<21LW"Z2"^T)S@3<6=264-`30`=0/@>Z:OX3O(E,[2?<M.-GWZ5WR-C9G
M'9&PM=[![2\Y:8"GR+)8["6="0JCNTT==9NNV>E$5W,<H<%3&.F835/YUXWA
MVC?C=>DQ&"PG+FR,9_#I2K7-`P`<3B*=:$=2KU^V[E"YWGI/]-ZZXS7EI&TQ
MRO-7N!)&4UQ):!UK6@(Z43X]C<1:UY:HT4MM15L<6K&>-+;%90:)Y;<1I:%"
M6NNH2#2(LLTG/.F]>7+&)RBWM$?@JW*8X&$G<4HA7!H]2($XDOS?(=E:YOZ;
M_1;7-3JDM[G^47P@/L>VS6N4/C[;>;N$-)TZ+P)J_AU/,%JEI%^@>-8,JU(U
M:$)5X&4:O#E,W=I22"C15,%"FY*`&VX+8T.K7I\TJ'\7[8Z1P-J+Y3Y*W?>E
M,<:RN6>;(JI2[M05(.0;4;(KJU0@)B8X,9>9"A,D7H)\`9XF8_'>8PB"U/\`
MSGXKIO`7I;7O*GF/93RF>0*+:9XG@RF2KT.EW(I9:D(W(L4RM$R]?P9A+'O:
MYCJ%G8R)@HE9$\>V`%5C(^Z`&Z+!6^KQHMIWD=>A2=GULP^I,8OME9OF.YZ%
MHL!6+#3+549-I-5^3K\W7&43)L/H7[),10*K].J0!(HF8@B42*GQMNSL7FK_
M`"`T]%;W9YUCJ-J$[G4Y^IPDJXCDI!KC>)BG^4Y4JK44DT[/?;G.-:^E(?.M
M&Q13>R8IC"(D5P&O:#:25;&26&X+5#`#3&2<8,0-25Q73Y!@Y9'1]@_UZ\E%
M.Y"1>*I^IW+A91R<WS&4$WKT15:_R<<UET[U2U1\:&KR+W&&,,FQDZK:*Y6G
M,LY6+AO';Z(C:SC5FY5D3S"\#,V>?$[AK[YC.V\:1J)O;.8!@KD0C#,OPZ5^
M5SPM:38`IV$J#I'MI+.XN!CVM^O$_IY7YZUY*M9VA"6&RV.8E[(Y>O$9:2.L
M9NU[@;-4#E123(4..I69:\FI(I\U"'5S:7"D3Y]<"YD\=.'<ZX3UTV<D8+%6
M=\:77$\KCVMC.W4TVRG74;!1CV7@V5::2S>*F6O*B2;"0*Y]HB*:@@,*:$MH
MZF92NS_V?^WOA,3<^J&,@#M'@>[_`/-EG$O(A^G(!S^X=2N&H]^0[6JR;2?D
MQ636BKY&FL4,L_47'=;R3;JZJ*,Z.(W&$&TGE&"AE@#E-_;JI6U(TG(@016^
M?E,#E-'=<F,Y8J_%7*M?/&[HMK!7:'6\,:P8@JZN.7$?*U:V+TV&F<AH3\8D
M"25H=7^7:O+6\L:@JF,HZ,Z[N5!*7M)P0)HM3W$BA/=5?_R=M?[/K-LCI_Y:
M\*1ZC2QTN]TRH9+=L2'*F:X8]D2V[%$W,"F/)B3\!'2=?7/QZI)MDQY`0Z+6
MK->2]X<>Q7CGN&_-;DVR]&#6:0S?4EP."@*R,E3!?UV"5$/X7XVEVC'*$'YB
MN.XOZ<=$H56Y_&%UER&?2?>/;^,4.EG;9F1ON.<46216]M<KNFUZ;?#+I.U#
M"!4)?+MI5.JJ(<BI&@(B(%#@MX(HT'IU_%+]\`6XN@NA=VV3QGY&:LGB?:N7
MR4#?_=[+^/'UH/#-F+0S:TT:<D_L\W+4:9&Y%=2#AT=`B$N#LISN#`B41A3-
MC2BN6TG&7C/W/LV,]C\3P>M&:[IAZVQ-XH66\2N:@YMU,LC4%@9KOINEKM)A
M%%9-10JC&2[DE2F,!DAX])7'3$N"_'^GX\_KSQ^_QYZ(JPGFBN&6=(MT],_)
M/C2(^^5Z/J]AUURE"*>\G&3,.]E'=G9UJ5=$*<D<-GBW[X6"XE."4C')&X'^
M$UB.&K&PW]MG5..M3D$1FI/%7_B`I7SH:?6AP5=^9=4U39NJZ9R!ID9E;`3'
M(/(FM*]14$_X@+=F3:7H[YH:14LKX=R]$8ZV&@(-O&$9SAV#>VQ+,ZJSDU,R
M/27,BV<R\<V>*',UD(]14Q`'N1442,)!YVT-Q<C<#ZD_3=2T^>^VH^0N+6YC
M&`:5D:ZA#308@TJ<21U/GW).R>,?<QHC+^VU.#3-W11@`O(#JCHQX)&8`G`B
MN%<%WNA>@D_H1D^RYKSWG#%$1"?RA*4^*90MB7CF<H$F_CG)I*;=61&%0(W:
M$C0,@V3*NI[R@F$P`7U[1S%S58\P[8M=J[*T747RQ73)GN+,Q:6,D:6AK2[`
ME_7#IA7MT#@+@"3V_P"[[OD+D'<.F"V-A);,C;-ES"26%X>2[*3A%3**UKTP
MJGBUFX5>XP+"R5"?B++7I-,RL=-0$@UE(EVFF/:J9!VR5604]HY1*8.[Y1`?
MVZJ7>Z?>Z5.ZTU"%]O?M.+'M(=]"*XA7OTS7])UW3X]4T>YCN=-F;42,(>QH
M&/W.[4[^"6[Y26]HRII/DM7"EK:RO\H2<38+RVJ$VU?.96FP+HYK5#?5PKQ1
M1NLT15*Z61$Y#'1;'+P//`^U\!W&D;?Y3TZ?=]J]MI.US6&1A;][FT9^8"M3
M@",`2%6[W36FL;MX8OSL"_BGN+5[7SMMGM<2QI^X$M/;J1W`Q2@_#ENE-,\J
M'TRR7)C:L99:C+`%`8V17[DG`V1.-<OY6JIE?BX%S6[;!)K?Z4XF33<)_('"
MAPZ]U]S''&F,LV\A[8B]#4;>3--EPPS?8ZHZ.H6D.&/QP57/9IRWJK]0/%>Y
MR^[V[=1N9$R3[LKG5SMQK@YV8$>>*BY$:VKZ%_D(ZX8UQXD[2Q_D>U2%IH!#
M'6,=IC/(=)O#*=JYU#B<7;6IS$2X:IJ"/_U44N[YN>NHZCN[^O>#KJ_U9P.H
MV[6QN\W,(I]<*?%>_P"A[(''G.;-/T@$:/<.$C&=FAYJX5^M5U/G)M<QN1YH
M-,O&+F'(DYC745RKBZ2M#.(DR0B5NLN20LSUU+.WBI?I5919&`;5^(.Y*N@P
M=.55BD]TQ1"GK6MC9&V/\M%=&!SG&7/V']BL@Q.OOCZ\/NL^3LMXWQ#C+!5&
MQ?29RS3UN%L#^Z6)W'1*Z<9%*W.QN)&S2]ALTD9)HV:E<F%V[7`I"<FXZW+!
M55_QR,<3&S^I_FQQ&W*,?;<Z4B&@F39P'M"TL>0*?G-./;N`[0%,B$Y(D25]
M.2=IN0Y#CJ`N36C6$J8'XEFR=4J&-MD]!<BN$*7GFCYHGLEQ=+G#!&S4\Q>0
M\)3K_%Q[)R"*CJ8H-GIP@_;E`RZ:+LBHAV%,)06,_4*XA8;+`U2%>V&S3$77
M8.-(DK(3$](,X>*8D5<)MDC.Y&060:-P5<*E(7N-R8YRE#DQ@`96EHJ:*C#1
M+7#^,O\`*(S'+9Z<)4W%FW#B[J52^3JGTU=3B\_)5^RU6<6EG7L,T(IEDFK.
M()\N8_MLUE0]P0*(&".ZY1^^/S_N5[--RFJFDJCRLFL1-1)5$042434`#$4(
MJ413.D8I@$#`(@(#R'(=2N(>JI*?E55:0C\C>/O>VF&:7?&.,[C.8TM,M7'J
M,K&1UIKE^@<@0D8O),55X]NZEW-8EHXG>80*];BB<.\>.H*Y,!%"%<&P%G7%
M&S6(:+G'#MCB+GC[(4`PGX69AU6SU-(7C=%5W$R((]RC";AW"AF[QJL!%VZZ
M9R'*`AUEV6EP(P/59Y-7"F5N9K%?G;%7H:P75^[BJ;!2,@Q93-HDV$>\EWS2
M`CU%"O99PQB6"SE8K<AA103,<_!0YZA8*D5L!(E_]OO#@";M]F0Q-'ASQP*C
MC6Z='M_K,1</Z?7HBV;D1ZB/Y@F.^Y4H`ECZ!9!Z_P#G5U>L0E1#X?.(J\\?
ML/3NMP_@_-75@_C'^K_GUEV7$'\0_!0;\DNH$5O7I3L!K1(`W2EKY27#FA2:
MI2]T'DJL*DL="EBJ']$DTK+&MTUC!ZBV55+\#=8K<.H^*^><[\DUMA?"3=O%
MC:49-GG6M[41^.6U><$5!\7"[6=?7F<K9RG("C=S`YBA1AA(!RB"3E,`$0YZ
MA<W+]^;R7T)O&WK0UTRT(UFP&\]EA(XYQ)#NKPZ<G(VXNUA05MM\=O'"P=J1
M4+',.RBH<?E23`!^4.I7$D-7DKHMK/&?H)O\V8V78;`=#RE,&C$R0>3H-V^K
M]Q&.5`IVJL=>:7)1<C(MTR$+['O+N4@+Z%``'HIC)!PP5-W;74:.\%/EGT5E
M="\LWN40SY9:\QL6'+5)MK#80J%AR-7Z%/T^R+1S=FM;:C;F,VL:-5?-C/&3
MMB<R:PF("A86XN+HS5?0K[?FXY'CNX_B#]N[L[>WX\>O///Z\]2N*M&;%Z]X
MMV?P[=L(Y@KI+#0KQ%_;Y)J"@H/H]TBI]5$S\$^`IU(NP0,B0CEFY3#N25('
M/)1,4?J:#K6H[;U6'6=-E,5S%T'44[@CN#_MZ@+Y.L:%8;DTJ;0-3C#K.0'K
MV/B#U%%3)V`\(^YVM%P>O\.P$CL-C)NX5-6[?CYPBSR,RC3"!D&=GI@.6DI]
MR20`"F6C!<MUS%$_:F!@(%ZMD>X79NM106V[*6LS6AK@]H+".E:T(<#Y_0+\
MX.4?;5O_`$.YEO-GMFO8'N)S0O8"T8FF7,)*CN0"*=RM>433+?+(TNTA%-=,
M[.G@NDT".[Q"S,+%1QNX">X[F+BLVCV**)#B/>"G:`?O\!]BEY=XAVP!>6-W
MIT3"<Q,;(\Q(!/Y6-)/A0@BI\56W5."><=RW+-)NM,U:ZF(^TS.F]-O;\SG"
M/"OC6G3NG)Y4L,KXOO':OKQ8L@QCO9#/LI/.VL)6I`RJ5`@;(FQ8VIU$*]R;
MELQCXMN9!)YVIINI1X8R("!1$*Z:'#;>X/FI^]&V7H[)TYHS%S<HGDC!]/`8
M5<^A+>S<#@:*S^X9=0]K?M]/'DE^9^0-7)^QDA=^VC?_`!*&N%`2VHP)J16B
MUUX)HZQ6FW[/$7!TKBQ7&4/7+&P5'F!DK)-2KLS;WVHE^G7DRUAN\!93_N>P
MN`'$0$O7W?=IJ&D6K-!9:QQ0[AAD:\>FUK"V,`EHHT`8.+,3C@NN^Q;1]9N;
MC<K[Z6:3:<U@^-X>YSFNF<&U>"XU!(#L`1A5)VT+4>2GDUUDK=0447+&;"K^
MPJV[AYK-9&R.'[LYD^XWTYX-@<3<CV=HCSZ"/7?N5-6?#Q'>F^(=%<6$5:@5
M<Y\4>4@]11Q'T73N&-L2P\V6\>FU`BU*0@BN#1,X]?#+7%6NIW6=WF[R\5'9
MQ_&.&]$T_P!:3X[A9E9%,K2R9IRG.6:4=LHTPE'ZI"@8]EBJ.E`Y*D]E$4P^
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M@`]`HZ^0C\?W7#=;+X;/8OR/D'4':4SUK*R>5,0B0K"TS+-($FMALM:3>0KE
M&UE1(1-63C)!BX<D('U'O#Z]%!<3U[+0V/\`\>K)]LN=$FMY/*'M?MS0<<VF
MNVZO8C=OY.I5*2F*K)M9B&4M"DG;;<M(M4I!BD91,B*:R@%X%8`'H@)::CJF
MF^1KQ<:N>3G'$72=@:]),;15/N*F.\M4M1I&9#H"\HF4KYLPD':#UE+5V0,B
MF9Y%O4G#1<Z9#@4B@`<"R:]S>B317_QTML8"&1Q27S5;>-M>4$TXLF.(!C,Q
MTA_+G*B:D$SD%,E/(V+2.T-[91(V,@3G_L]O`=%AUQ3QJ#XX]6J;HY!^/29I
M3G)>N4/4GE7=PF1WYYV<FC2<U(6A]8WTXBFS=M;.>SR2T@W>-?969N.T43$[
M2\%(<6].J2&Q_&OR7@.U3[S0'RF[0ZG4.QOE7[K'J#9>RM&QUAY`HR4+;*<R
ME3MB?(FLZ8"[$H<'6,/J)9%[G"A4UM)O"%"ZW[&5C</8C<#9'=;9FDQL[%TJ
MX98L;AC4J@WM$*]@)T8>J%D)M4ZKJ,D%B%!5Y],03]_M"H`'`L%D]\\*6,+[
MY1JYY2GN<,F,,FUBU4RQL<8M(.J'H*[.F8__`-O4HA=ZHW_F'NDF9?J3K@L`
MD.;M`@A\"+(9[PX8EL'D]AO*4ZS!E5#+</*1#QKCALSJ@XZ%A$XV/C3[6LH:
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MUSV.:[B[+[!Y:WFVCAW"3ZK9"S&0C:$J4J1LJQ:ST1`JR=A>/9^*:+&(S6=/
ME$6'<*C=%-7Y^BR,CB*=D_[@/^//]O''^'18+A41[R]GIP(_-SR/(?MQSQU@
M0]S1F(S`_)8R9WBC30)6NW-=\@V#)R4S1HL[IN<JY*&-)Y#U-RX99NLK(E3_
M`-39\'WQ!W'O(1](@3N>5]ZLHR66#WF@I'.=,W>]!N-HZGDT[=0?;OP#;B,T
MHWH`]M#6G9U/(^?0MQVV[=+:Z_VFZ*44JZ&1I<7'N6D$4KAA7#L$B;.'GX\A
ME?+(4.0TM0U\O")S,W3RV4[)EAEHUP`]BJT:QFHR+@W?/=_E'$'21A^8HF`.
MO<]N<*<2W5U'>3ZO+=632'%GJ-;_`-V'Y:5!'G@J[[OYMYAL8'V5EI$5G.1E
M$OIR/=7$?:"XM%>H)!."@OAK53R'>1_*:]UF*KD)<;/)HA;,Z9FC9:MU:'CT
MSD$2QP2S1HYETHU$W^EC(I$4>0`O*?J/7O6J<F\6\7Z,+'1Y8AD81'#!0U(&
M`=2M23W)`KU*K!9<(\G\OZ^[6==;</?(_P"^69U``30EH<10`=@*TP">[MYF
MO`7A5T,=Z[8NLC2P[(Y1A)6-K#8QT1N=EMMJ:A%V++MGC6:JKF)A8=$PI1B7
M'!EDVS5`#CW#U5_1CK?-'(`WAN0.BV]:/#B7&C!''0MC;AB3AGKVKY*Z.H:?
MM7A3CL;(VLS-N&Z@$9]/%SI'#*Z1U<0":EH.(!^9TWX"/&?D+%;MQNSL57)&
MJ72S5E>NX/Q_8FQV5DK]1GDR*360+-'.2%=PT]:61"-6C14"KI,C*J*`!EP*
M'-YRY/@W$X;8T.0OT>W`#G-/VOR@96C_`*<`?-OFM'`_$1VK#_5&M@'6;D.<
MUA!S15)!))ZYOS#R</!6D$T0(=0Q2D)WF$YNTA2]QS`')S"4`[C&[0Y$>1'C
MJL<(>ZADK]I/T\%9NA!)%,1X=US=H]W/(<>GIQ^H?KUM:Q[9"X$>F>RR-"T`
MC$+WZVJ$=$1T1'1$=$1T1'1$=$1T1'1$=$1T1),\F_CLWDVXR=5KUJ-Y$;GI
MY`_[9+XRR108=E97$-<VZL[(RR5B3=0-@CSLIDK*4.S$Z:2*_M%+POQ\H$68
M>)?P]X@\6%'NOV.XR^8<WY968K90S#8HU&)7?,H]5=XRJ]:AB.I)2)KS:1=J
MN53+.G#N0=F]]PH)@(0A$X(O/:'=QSQZ\<B']X^O1%YZ(CHB.B(Z(OR*^Q[A
MQ/[?>!`Y`W'/;Z_$.0$0ZXL_[9_Z=P*#QK3\5F#(6Y8\#X]E^9T+'A/ZSZ4!
M[O\`+^L*E_%_\0+B(@;C]NN7&R9D>6T=-Z?_`,ZN/S(!P^*X-V+8-'[K]N9/
M^?+^%2NEME=3ME>D:^$W8ZZG)-Q0&7ITL:#L#,I@X,K&RR*:BC%;MY`#E#N+
M\0$!]>MD<LENX/RB5P[/Q'S&"AK+>>(L91C:=6$#MVI^"5OCC`'B.P]L@LL-
MQUYN&X[V514.\SAL'7LM;'_>5N19@RBLD7:=MD:]*'/TY6K-%0@>B8`'IUW&
M74M]WVEF-L5Y#I(&/I1/9$1YN:T`CXFBZ;#IFQ;#4!*Z6UGU4N%/5F8Z0'R:
M37\*IMY.P!$`X$.[U'GD>[GGU']^[KH437`D5/I8TK^/XU7?S0XFF>G^'X+D
M*81,8.W@`XX'CX]9M>2\MH0T#KXK`%Q./1>_6Q9(Z(CHB.B(Z(CHB.B(Z(CH
?B.B(Z(CHB.B+Q\O/Z<_V<]$7GHB.B(Z(CHB.B+__V3\_
`
end
</TEXT>
</DOCUMENT>
</SUBMISSION>
