UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
 
FORM 8-K
 
Current Report
 
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of Report: March 5, 2012
(Date of earliest event reported)
 
 
Callidus Software Inc.
(Exact name of Registrant as specified in its charter)
 
Delaware
 
000-50463
 
77-0438629
(State or other jurisdiction
of incorporation)
 
(Commission
file number)
 
(I.R.S. Employer
Identification No.)
 
6200 Stoneridge Mall Road, Suite 500, Pleasanton, CA 94588
(Address of principal executive offices) (Zip Code)
 
(925) 251-2200
(Registrant's telephone number, including area code)
 
 
(Former name or former address, if changed since last report.)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2 below):
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 
 
 
 
Item 8.01 Other Events
 
On March 5, 2012, Callidus Software Inc. ("Callidus") entered into a Settlement Agreement and Patent License with Versata Software, Inc., Versata Development Group, Inc., Clear Technology, Inc., and Versata FZ-LLC (collectively “Versata”) pursuant to which Callidus and Versata agreed to settle and dismiss with prejudice all outstanding litigation claims between them.


 
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SIGNATURES
 
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.
 
   
CALLIDUS SOFTWARE, INC.
 
       
Date: March 6, 2012
By:
/s/ V. Holly Albert
 
   
V. Holly Albert
 
   
Senior Vice President, General Counsel and Secretary
 
 
 
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