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<font size="3"><B><p align="center">UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</P></font></B>


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<font size="5"><B><p align="center">FORM 8-K</P></font></B>
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                                       CURRENT REPORT<br>
<br></br>
          PURSUANT TO SECTION 13 or 15(D) OF THE<BR>SECURITIES EXCHANGE ACT OF 1934
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December 30, 2003<BR></B>
    Date of Report (Date of earliest event reported)

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                               COMMERCE ONE, INC.
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            <i>(Exact name of registrant as specified in its charter)</i>
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<P>&nbsp;
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<CENTER><u>Delaware</u></CENTER>
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<CENTER><u>000-32979</u></CENTER>
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<CENTER><u>94-3392885</u></CENTER>
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<CENTER>&nbsp;<i>(State of other jurisdiction of incorporation)</i></CENTER>
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<CENTER>&nbsp;<i>(Commission File Number)</i></CENTER>
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<CENTER><i>(I.R.S. Employer Identification Number)</i></CENTER>
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                           One Market Street, Steuart Tower<BR>
                                    Suite 1300
<BR>
                              San Francisco, CA &nbsp; 94105
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       <i> (Address of principal executive offices including zip code)</i>
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                                 (415) 644-8700
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               <i>  (Registrant's telephone number, including area code)</i>
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                                 Not Applicable
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          <i>(Former Name or Former Address, if Changed Since Last Report)</i>
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<B><P>Item 5. &nbsp;Other Events</P>
</B><P>On December 30, 2003, we entered into a Settlement Agreement
with Covisint, LLC ("Covisint") pursuant to which Covisint paid us the
sum of four million, six hundred fifty thousand dollars ($4,650,000).   As part
of the agreement, the parties agreed to resolve an arbitration and a separate
Michigan state court action that had been pending between the parties, and
we granted a fully paid software license to Covisint for certain Commerce One
software that Covisint has used in its operations.  We previously had
licensed that software to Covisint under an earlier license agreement (the
"Technology Agreement"), which will terminate as part of the settlement.  </P>
<P>Covisint paid us in full on or before January 2, 2004.  Following a
92-day period (which commenced on January 2, 2004), and provided that certain
bankruptcy events do not occur with respect to either party during that 92-day
period, all litigation between the parties will be permanently dismissed, and
the Technology Agreement that previously governed the relationship between
Commerce One and Covisint will terminate.   </P>
<B><P>Item 7. &nbsp;Financial Statements and Exhibits.</P><DIR>
</B><P>(a)&nbsp;Financial Statements. </P>


<P>Not applicable. </P>


<P>(b)&nbsp;Pro Forma Financial Information. </P>


<P>Not applicable. </P>
<P>(c)&nbsp;Exhibits.</P>


<P>10.1&nbsp;&nbsp;Settlement Agreement.</P>
<P>10.2&nbsp;&nbsp;Covisint Master Software License Agreement (and related
schedules).</P></DIR>
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<P>Pursuant to the requirements of the Securities Exchange Act of 1934, Commerce
One has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized. </P><DIR>
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<P>COMMERCE ONE, INC.</P>
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<P>Dated: January 6, 2004</P><DIR>
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<P><U>/s/ Charles D. Boynton&#9;<BR>
</U>Charles D. Boynton<BR>
Chief Financial Officer </P>

<P>&#9;&#9;&#9; </P></DIR>
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<B><P ALIGN="CENTER">Exhibit Index</P></B>
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<TR><TD WIDTH="23%" VALIGN="TOP">
<U><P>Exhibit Number</U></TD>
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<U><P>Exhibit Title</U></TD>
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<TR><TD WIDTH="23%" VALIGN="TOP">
<P>10.1</TD>
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<P>Settlement Agreement dated December 30, 2003 by and between Covisint, LLC,
Commerce One, Inc., Commerce One Operations, Inc. and CVX Holdco, LLC.</TD>
</TR>
<TR><TD WIDTH="23%" VALIGN="TOP">
<P>10.2</TD>
<TD WIDTH="77%" VALIGN="TOP">
<P>Covisint Master Software License Agreement (and related schedules) dated
December 30, 2003 by and between Covisint, LLC and Commerce One Operations, Inc.
</TD>
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{"company-data": {"conformed-name": "COMMERCE ONE INC / DE/", "cik": "0001131806", "assigned-sic": "7373", "irs-number": "943392885", "state-of-incorporation": "DE"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-32979", "film-number": "04510414"}, "business-address": {"street1": "4440 ROSEWOOD DRIVE", "city": "PLEASANTON", "state": "CA", "zip": "94588", "phone": "925-520-6000"}, "former-company": {"former-conformed-name": "NEW COMMERCE ONE HOLDING INC", "date-changed": "20010108"}}
01062004 8K DOC
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
December 30, 2003
Date of Report (Date of earliest event reported)
COMMERCE ONE, INC.
(Exact name of registrant as specified in its charter)
Delaware
000-32979
94-3392885
(State of other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification Number)
One Market Street, Steuart Tower
Suite 1300
San Francisco, CA   94105
(Address of principal executive offices including zip code)
(415) 644-8700
(Registrant's telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Item 5.  Other Events
On December 30, 2003, we entered into a Settlement Agreement
with Covisint, LLC ("Covisint") pursuant to which Covisint paid us the
sum of four million, six hundred fifty thousand dollars ($4,650,000).   As part
of the agreement, the parties agreed to resolve an arbitration and a separate
Michigan state court action that had been pending between the parties, and
we granted a fully paid software license to Covisint for certain Commerce One
software that Covisint has used in its operations.  We previously had
licensed that software to Covisint under an earlier license agreement (the
"Technology Agreement"), which will terminate as part of the settlement.
Covisint paid us in full on or before January 2, 2004.  Following a
92-day period (which commenced on January 2, 2004), and provided that certain
bankruptcy events do not occur with respect to either party during that 92-day
period, all litigation between the parties will be permanently dismissed, and
the Technology Agreement that previously governed the relationship between
Commerce One and Covisint will terminate.
Item 7.  Financial Statements and Exhibits.
(a) Financial Statements.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits.
10.1  Settlement Agreement.
10.2  Covisint Master Software License Agreement (and related
schedules).
Pursuant to the requirements of the Securities Exchange Act of 1934, Commerce
One has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
COMMERCE ONE, INC.
Dated: January 6, 2004
/s/ Charles D. Boynton
Charles D. Boynton
Chief Financial Officer
Exhibit Index
Exhibit Number
Exhibit Title
10.1
Settlement Agreement dated December 30, 2003 by and between Covisint, LLC,
Commerce One, Inc., Commerce One Operations, Inc. and CVX Holdco, LLC.
10.2
Covisint Master Software License Agreement (and related schedules) dated
December 30, 2003 by and between Covisint, LLC and Commerce One Operations, Inc.