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  <TITLE> Hyperion Solutions Corporation (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	May 17, 2006
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  	Hyperion Solutions Corporation
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	000-26934
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  	77-0277772
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	5450 Great America Parkway, Santa Clara, California
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  	95054
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	408-588-8109
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 1.01 Entry into a Material Definitive Agreement.
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  On May 17, 2006 Hyperion Solutions Corporation ("Hyperion") entered into a new employment agreement effective July 1, 2006 (the "Agreement") with Jeffrey R. Rodek, its Executive Chairman of the Board. <br><br>Mr. Rodek's Agreement is attached hereto as Exhibit 10.1.  Under the Agreement, Mr. Rodek will be paid a base salary of $400,000 per year and will receive the same annual equity grant to which the non-employee members of the Board of Directors are entitled.  Mr. Rodek&#x2019;s Agreement is for a one year term and provides that Hyperion may terminate his employment at any time for any reason (or no reason) with 30 days advance written notice. If Hyperion terminates Mr. Rodek&#x2019;s employment for any reason other than permanent disability or cause, then, among other benefits, Hyperion will continue to pay Mr. Rodek his base salary for another 12 months. <br><br>In the event that Hyperion is subject to a change in ownership and/or control during the term of the Agreement and (i) within 12 months thereafter, Mr. Rodek resigns for good reason; or (ii) within 3 months prior to, or 12 months thereafter, Hyperion terminates Mr. Rodek's employment for any reason other than permanent disability or cause, Hyperion will continue to pay Mr. Rodek his base salary for another 12 months, and all of Mr. Rodek's unvested stock options, restricted stock, restricted stock units or other similar forms of equity compensation will immediately vest or otherwise become fully available to him. <br><br>The foregoing is a summary description of the terms of the Agreement and by its nature is incomplete. It is qualified in its entirety by the text of the Agreement, which is attached hereto as Exhibit 10.1. <br><br>
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  	SIGNATURES
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  	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.
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  	Hyperion Solutions Corporation
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  	&nbsp;&nbsp;
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  <I>
  	May 18, 2006
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  	&nbsp;
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  <I>
  	By:
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  <I>
  	Robin Washington
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  	&nbsp;
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  <I>
  	Name: Robin Washington
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  	&nbsp;
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  <I>
  	Title: Chief Financial Officer
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	Description
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  	10.1
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  	&nbsp;
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  Employment Agreement between Hyperion Solutions Corporation and Jeffrey R. Rodek
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_12609.htm", "description": "LIVE FILING", "secsgml_size_bytes": 11221}]
metadata_filer: {"company-data": {"conformed-name": "HYPERION SOLUTIONS CORP", "cik": "0001001113", "assigned-sic": "7372", "irs-number": "770277772", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-26934", "film-number": "06852328"}, "business-address": {"street1": "5450 GREAT AMERICA PARKWAY", "city": "SANTA CLARA", "state": "CA", "zip": "95054", "phone": "408-744-9500"}, "mail-address": {"street1": "5450 GREAT AMERICA PARKWAY", "city": "SANTA CLARA", "state": "CA", "zip": "95054"}, "former-company": {"former-conformed-name": "ARBOR SOFTWARE CORP", "date-changed": "19950919"}}
text: Hyperion Solutions Corporation (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  May 17, 2006
  Hyperion Solutions Corporation
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  000-26934
  77-0277772
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  5450 Great America Parkway, Santa Clara, California
  95054
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  408-588-8109
  Not Applicable
  ______________________________________________
  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 obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  On May 17, 2006 Hyperion Solutions Corporation ("Hyperion") entered into a new employment agreement effective July 1, 2006 (the "Agreement") with Jeffrey R. Rodek, its Executive Chairman of the Board.
  Mr. Rodek's Agreement is attached hereto as Exhibit 10.1.  Under the Agreement, Mr. Rodek will be paid a base salary of $400,000 per year and will receive the same annual equity grant to which the non-employee members of the Board of Directors are entitled.  Mr. Rodek's Agreement is for a one year term and provides that Hyperion may terminate his employment at any time for any reason (or no reason) with 30 days advance written notice. If Hyperion terminates Mr. Rodek's employment for any reason other than permanent disability or cause, then, among other benefits, Hyperion will continue to pay Mr. Rodek his base salary for another 12 months.
  In the event that Hyperion is subject to a change in ownership and/or control during the term of the Agreement and (i) within 12 months thereafter, Mr. Rodek resigns for good reason; or (ii) within 3 months prior to, or 12 months thereafter, Hyperion terminates Mr. Rodek's employment for any reason other than permanent disability or cause, Hyperion will continue to pay Mr. Rodek his base salary for another 12 months, and all of Mr. Rodek's unvested stock options, restricted stock, restricted stock units or other similar forms of equity compensation will immediately vest or otherwise become fully available to him.
  The foregoing is a summary description of the terms of the Agreement and by its nature is incomplete. It is qualified in its entirety by the text of the Agreement, which is attached hereto as Exhibit 10.1.
  Top of the Form
  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.
  Hyperion Solutions Corporation
  May 18, 2006
  By:
  Robin Washington
  Name: Robin Washington
  Title: Chief Financial Officer
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  10.1
  Employment Agreement between Hyperion Solutions Corporation and Jeffrey R. Rodek