President and Chief Executive Officer Compensation Overview - Rob Ashe

Exhibit 10.27

Rob Ashe President and Chief Executive Officer
FY05 Compensation Plan

Effective Date: March 1, 2004 to February 28, 2005 Compensation Elements (All In US $) Annual Base Salary $400,000 Annual Incentive @ 100% $350,000 Annual Total Target Income @ 100% $750,000 General Terms

This package contains the details of your compensation plan for FY05. All compensation amounts are in US dollars 1) The Human Resources Committee of the Cognos Board of Directors approved these terms on April 7, 2004.
2) From March 1, 2004, the start of the FY05 fiscal year, until June 23, 2004, the date that you assume the role of Chief Executive Officer, your annual base salary rate will continue to be paid at $446,130 Canadian dollars. This is the converted annual ...