UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K/A AMENDMENT NO. 1 FOR ANNUAL AND TRANSITION REPORTS PURSUANT TO SECTIONS 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2003 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 0-24277 CLARUS CORPORATION (Exact name of Registrant as specified in its Charter) Delaware 58-1972600 (State of Incorporation) (R.S. Employer Identification No.) One Pickwick Plaza Greenwich, Connecticut 06830 (Address of principal office, including zip code) (203) 302-2000 (Registrant's telephone number, including area code) SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: None SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: Common Stock, par value $.0001 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES [X] NO [ ] Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrant's knowledge, in definitive proxy or information statement incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [X] Indicate by check mark whether the Registrant is an accelerated filer (as defined in Rule 12b-2 of the Act). [X] The aggregate market value of the voting stock and non-voting common equity held by non-affiliates of the Registrant at June 30, 2003 was approximately $86.6 million based on $6.28 per share, the closing price of the common stock as quoted on the Nasdaq National Market. -1- The number of shares of the Registrant's common stock outstanding at March 1, 2004 was 16,582,426 shares. DOCUMENT INCORPORATED BY REFERENCE Portions of our Proxy Statement for the 2004 Annual Meeting of Stockholders to be filed with the Securities and Exchange Commission within 120 days of the Registrant's 2003 fiscal year end are incorporated by reference into Part III of this report. EXPLANATORY NOTE The undersigned registrant hereby amends Item 15(d) of its Annual Report on Form 10-K for the year ended December 31, 2003 to include as Exhibit 99.1, the Annual Report on Form 11-K for the Clarus Corporation Employee Stock Purchase Plan and the Clarus Corporation Global Employee Stock Purchase Plan for the year ended December 31, 2003 (as permitted by Rule 15d-21). PART IV ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K Financial Statements, Financial Statement Schedules and Exhibits (d) Exhibits Exhibit Number Exhibit ------ ------- 3.1 Amended and Restated Certificate of Incorporation of the Company (Incorporated by reference from Exhibit 3.3 to the Company's Form S-1 Registration Statement (File No. 333- 46685)). 3.2 Amendment to Amended and Restated Certificate of Incorporation (incorporated by reference from Exhibit 9.1 to the Company's 10-Q filed on August 14, 2000). 3.3 Amendment to Amended and Restated Certificate of Incorporation of the Company (incorporated by reference from Exhibit 3.1 to the Company's Current Report on Form 8-K, filed on July 31, 2003). 3.4 Amended and Restated Bylaws of the Company (incorporated by reference from Exhibit 3.2 to the Company's Registration Statement on Form S-4 (File No. 333-63535)). 3.5 Amendment No. 1 to the Amended and Restated Bylaws of the Company. (filed as Exhibit 3.4 to Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 31, 2003 and incorporated herein by reference). 4.1 See Exhibits 3.1, 3.2, 3.3, 3.4 and 3.5 for provisions of the Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws of the Company defining rights of the holders of Common Stock of the Company. 4.2 Specimen Stock Certificate (incorporated by reference from Exhibit 9.1 to Company's Registration Statement on Form S-1 (File No. 333-46685)). 4.3 Restricted Stock Agreement dated as of April 11, 2003 between the Company and Warren B. Kanders (incorporated by reference from Exhibit 4.1 to the Company's Form 10-Q filed on May 15, 2003). * 10.1 Lease Agreement between the Company and Technology Park/Atlanta, Inc. dated July 24, 1998 (incorporated by reference from Exhibit 10.18 to the Company's Form S-4 Registration Statement (File No. 333-63535)). 10.2 Assignment and Assumption of Leases between Technology Park/Atlanta, Inc. and Metropolitan Life Insurance Company dated July 24, 1998 (incorporated by reference from -2- Exhibit 10.18 to the Company's Form S-4 Registration Statement (File No. 333-63535)). 10.3 Asset Purchase Agreement, dated as of October 17, 2002, between Epicor Software Corporation and the Company (incorporated by reference from Exhibit 2.1 to the Company's Form 8-K filed on October 18, 2002). 10.4 Bill of Sale and Assumption Agreement, dated as of December 6, 2002, between Epicor Software Corporation and the Company (incorporated by reference from Exhibit 2.2 to the Company's (Form 8-K filed on October 18, 2002). 10.5 Trademark Assignment dated as of December 6, 2002, by the Company in favor of Epicor Software Corporation, (incorporated by reference from Exhibit 2.3 to the Company's Form 8-K filed on October 18, 2002). 10.6 Patent Assignment, dated as of December 6, 2002, between Epicor Software Corporation and the Company (incorporated by reference from Exhibit 2.4 to the Company's Form 8-K filed on October 18, 2002). 10.7 Noncompetition Agreement, dated as of December 6, 2002, between Epicor Software Corporation and the Company (incorporated by reference from Exhibit 2.5 to the Company's Form 8-K filed on October 18, 2002). 10.8 Transition Services Agreement, dated as of December 6, 2002, between Epicor Software Corporation and the Company (incorporated by reference from Exhibit 2.7 to the Company's Form 8-K filed on October 18, 2002). 10.9 Escrow Agreement, dated as of December 6, 2002, between Epicor Software Corporation, the Company and Branch Bank & Trust Company, Inc. (incorporated by reference from Exhibit 2.8 to the Company's Form 8-K filed on October 18, 2002). 10.10 Form of Indemnification Agreement for Directors and Executive Officers of the Company, (incorporated by reference as Exhibit 10.1 of the Company's Form 8-K filed on December 23, 2002). 10.11 Employment Agreement, dated as of December 6, 2002, between the Company and Warren B. Kanders (incorporated by reference from Exhibit 10.2 to the Company's Form 8-K filed on December 23, 2002).* 10.12 Employment Agreement, dated as of December 6, 2002, between the Company and Nigel P. Ekern. (incorporated by reference from Exhibit 10.3 to the Company's Form 8-K filed on December 23, 2002).* 10.13 Consulting Agreement, dated as of December 6, 2002, between the Company and Stephen P. Jeffery (incorporated by reference from Exhibit 10.4 to the Company's Form 8-K filed on December 23, 2002).* 10.14 Amended and Restated Stock Incentive Plan (incorporated by reference from Exhibit 10.2 to the Company's Form 10-Q filed on August 14, 2000). * 10.15 Employee Stock Purchase Plan (incorporated by reference from Exhibit 10.3 to the Company's Form 10-Q filed on August 14, 2000). * 10.16 Global Employee Stock Purchase Plan (incorporated by reference from Exhibit 10.4 to the Company's Form 10-Q filed on August 14, 2000). * 10.17 Form of Nonqualified Stock Option Agreement (incorporated by reference from Exhibit 10.5 to the Company's Form 10-Q filed on August 14, 2000). * 10.18 Stock Incentive Plan of Software Architects International, Limited (incorporated by reference from Exhibit 2.2 to the Company's Form 8-K filed on June 13, 2000). * 10.19 2000 Declaration of Amendment to Software Architects International Limited Stock Incentive -3- Plan (incorporated by reference from Exhibit 2.3 to the Company's Form 8-K filed on June 13, 2000). * 10.20 1992 Stock Option Plan, effective November 22, 1992 (incorporated by reference from Exhibit 10.2 to Company's Registration on Form S-1 (File No. 333-46685)). * 10.21 Amendment to 1992 Stock Option Plan. (incorporated by reference from Exhibit 10.2 to the Company's Form 10-K filed on March 30, 2000). * 10.22 Lease dated as of September 23, 2003 between Reckson Operating Partnership, L.P., the Company, and Kanders & Company, Inc. (incorporated by reference from Exhibit 10.1 to the Company's 10-Q filed on November 12, 2003). 10.23 Transportation Services Agreement dated as of December 18, 2003 between Kanders Aviation, LLC and the Company (incorporated by reference from Exhibit 10.23 to the Company's 10-K filed on March 11, 2004). 21.1 List of Subsidiaries (incorporated by reference from Exhibit 21.1 to the Company's 10-K filed on March 11, 2004). 23.1 Consent of KPMG LLP (incorporated by reference from Exhibit 23.1 to the Company's 10-K filed on March 11, 2004) 23.2 Consent of KPMG LLP - Clarus Corporation Employee Stock Purchase Plan 23.3 Consent of KPMG LLP - Global Employee Stock Purchase Plan of Clarus Corporation 31.1 Certification of Principal Executive Officer, as required by Rule 13a-14(a) of the Securities Exchange Act of 1934. 31.2 Certification of Principal Financial Officer, as required by Rule 13a-14(a) of the Securities Exchange Act of 1934. 32.1 Certification of Principal Executive Officer, as required by Rule 13a-14(b) of the Securities Exchange Act of 1934. 32.2 Certification of Principal Financial Officer, as required by Rule 13a-14(b) of the Securities Exchange Act of 1934 99.1 Annual Report on Form 11-K for the Clarus Corporation Employee Stock Purchase Plan and the Clarus Corporation Global Employee Stock Purchase Plan for the year ended December 31, 2003 * Management contract or compensatory plan or arrangement. -4- SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Company has duly caused this amended report to be signed on its behalf by the undersigned, thereunto duly authorized. CLARUS CORPORATION Date: April 29, 2004 By: /s/ Nigel P. Ekern ------------------------------------- Nigel P. Ekern Chief Administrative Officer
Signature Title Date --------- ----- ---- /s/ Nigel P. Ekern Chief Administrative Officer April 29, 2004 - --------------------------------------------- (principal executive officer) ------------------------------------ Nigel P. Ekern /s/ Susan Luckfield Controller April 29, 2004 - --------------------------------------------- (principal financial officer) ------------------------------------ Susan Luckfield /s/ Warren B. Kanders Executive Chairman of the Board of Directors April 29, 2004 - --------------------------------------------- ------------------------------------ Warren B. Kanders /s/ Stephen P. Jeffery Director April 29, 2004 - --------------------------------------------- ------------------------------------ Stephen P. Jeffery /s/ Donald L. House Director April 29, 2004 - --------------------------------------------- ------------------------------------ Donald L. House /s/ Tench Coxe Director April 29, 2004 - --------------------------------------------- ------------------------------------ Tench Coxe /s/ Burtt R. Ehrlich Director April 29, 2004 - --------------------------------------------- ------------------------------------ Burtt R. Ehrlich /s/ Nicholas Sokolow Director April 29, 2004 - --------------------------------------------- ------------------------------------ Nicholas Sokolow
-5- EXHIBIT INDEX Number Exhibit ------ ------- 23.2 Consent of KPMG LLP - Clarus Corporation Employee Stock Purchase Plan. 23.3 Consent of KPMG LLP - Global Employee Stock Purchase Plan of Clarus Corporation. 31.1 Certification of Principal Executive Officer, as required by Rule 13a-14(a) of the Securities Exchange Act of 1934. 31.2 Certification of Principal Financial Officer, as required by Rule 13a-14(a) of the Securities Exchange Act of 1934. 32.1 Certification of Principal Executive Officer, as required by Rule 13a-14(b) of the Securities Exchange Act of 1934. 32.2 Certification of Principal Financial Officer, as required by Rule 13a-14(b) of the Securities Exchange Act of 1934. 99.1 Annual Report on Form 11-K for the Clarus Corporation Employee Stock Purchase Plan and the Clarus Corporation Global Employee Stock Purchase Plan for the year ended December 31, 2003. -6-