Full Recourse Installment Note

FULL RECOURSE INSTALLMENT NOTE


Menlo Park, California, June 15, 1993.


For value received, MYRON (MIKE) SARANGA ("Saranga") promises to pay to INFORMIX SOFTWARE, INC. ("Holder"), at such place as the Holder may from time to time direct, the sum of ONE HUNDRED FIFTY THOUSAND DOLLARS ($150,000.00), with interest in arrears on the unpaid balance from the date of this Note at the rate of Three and Fifty-Six/100 Percent (3.56%) per annum, principal and interest payable in lawful money of the United States. The principal shall be paid in a single payment on the earlier of June 2, 1995; the date Saranga sells his Connecticut property; or the date Saranga's employment with Informix Software, Inc. terminates and Interest shall be paid monthly commencing July 15, 1993 and continuing on the same day of each successive month thereafter with a final payment of all unpaid interest at the time of payment of the principal.


Each payment shall be credited first to interest then due, and then to reduce the outstanding principal. Should default be made in the payment of any installment of principal or interest when due, then, or at any time during such default, the entire amount of unpaid principal and interest shall, at the election of the Holder, become immediately due and payable without notice. Should Saranga's employment with Holder be terminated by holder or by Saranga, for any reason, including death or disability, with or without cause, then, or at any time following such termination, the entir ...