Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers

On December 9, 2019, Oracle Corporation ("Oracle") announced that the Board of Directors unanimously elected Vishal Sikka to serve as a director, effective as of December 10, 2019.

Dr. Sikka will be granted restricted stock units for shares of Oracle common stock (the "RSUs") in accordance with Oracle's Amended and Restated 1993 Directors' Stock Plan. The RSUs will represent a pro rata amount of the annual equity award granted to non-employee directors based on the number of complete calendar months remaining in Oracle's current fiscal year. The RSUs will fully vest on the first anniversary of the date of grant provided Dr. Sikka continues to serve as a director on the vest date. Dr. Sikka will also receive the standard cash compensation for Oracle's non-employee directors.

Dr. Sikka has entered into Oracle's standard form of indemnification agreement pursuant to which Oracle will indemnify him for certain actions taken in his capacity as a director.

Effective November 1, 2019, Oracle entered into a consulting agreement with Hang Ten Systems LLC ("Hang Ten"), a company wholly owned by Dr. Sikka. Under the agreement, Hang Ten is providing a minimum of twenty and maximum of fifty hours of consulting services and sales support to Oracle per month at a rate of $2,000 per hour. The agreement has a three-month term.

Item 9.01 Financial Statements and Exhibits




(d) Exhibits

 Exhibit No.         Description

    99.1               Press Release - Oracle Names Vishal Sikka to the Board of
                     Directors, dated December 9, 2019

    104              Cover Page Interactive Data File (embedded within the Inline
                     XBRL document).

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