Exhibit 99.2
December 15, 2009
Deltek, Inc.
13880 Dulles Corner Lane
Herndon, VA 20171
Attn: Senior Vice President and General Counsel
| Re: | Waiver of Director Shareholder’s Agreement Restrictions |
Dear David:
Reference is made to the director shareholder’s agreements (as amended, the “Director Shareholder’s Agreements”), by and among Deltek, Inc., a Delaware corporation (formerly Deltek Systems, Inc., a Virginia corporation) (the “Company”), each of Ms. Nanci Caldwell, Mr. Joseph Kampf, Mr. Albert Notini, and Ms. Janet Perna and, with respect to Sections 2.2 and 2.3 thereof, New Mountain Partners II, L.P., New Mountain Affiliated Investors II, L.P. and Allegheny New Mountain Partners, L.P. (collectively, the “NMP Entities”).
This letter is to confirm our agreement as follows:
1. Each of the Company and the NMP Entities hereby waives any compliance by Ms. Caldwell, Mr. Kampf, Mr. Notini, and Ms. Perna with Sections 2.1 and 2.4 of the Director Shareholder’s Agreements to which he or she is a party.
2. In all other respects, the Director Shareholder’s Agreements shall remain in full force and effect in accordance with its terms.
If the foregoing corresponds to your understanding of our agreement, please sign this letter and the enclosed copy in the space provided and return one copy to us.
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Very truly yours, |
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NEW MOUNTAIN PARTNERS II, L.P. |
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By: | | New Mountain Investments II, L.L.C., its general partner |
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| | By: | | /s/ Steven B. Klinsky |
| | | | Name: | | Steven B. Klinsky |
| | | | Title: | | Managing Member |
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NEW MOUNTAIN AFFILIATED INVESTORS II, L.P. |
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By: | | New Mountain Investments II, L.L.C., its general partner |
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| | By: | | /s/ Steven B. Klinsky |
| | | | Name: | | Steven B. Klinsky |
| | | | Title: | | Managing Member |
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ALLEGHENY NEW MOUNTAIN PARTNERS, L.P. |
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By: | | New Mountain Investments II, L.L.C., its general partner |
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| | By: | | /s/ Steven B. Klinsky |
| | | | Name: | | Steven B. Klinsky |
| | | | Title: | | Managing Member |
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ACKNOWLEDGED AND AGREED TO AS OF THE DATE FIRST WRITTEN ABOVE |
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DELTEK, INC. |
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By: | | /s/ David Schwiesow |
Name: | | David Schwiesow |
Title: | | Senior Vice President and General Counsel |