Exhibit 10.1

IDENTIVE SERVICES AG

AMENDMENT TO EMPLOYMENT AGREEMENT

This Amendment to Employment Agreement (this “Amendment”) is made and entered
this 31st day of May, 2012, with effect from June 1, 2012, by and between
Identive Services AG (the “Company”), an indirect subsidiary of Identive Group,
Inc., a Delaware corporation (“INVE”), and Ayman S. Ashour (the “Executive”).

WHEREAS, Executive has agreed with the Company to a voluntary reduction in his
current base salary through the remainder of 2012, and the Company and Executive
desire to amend the terms of the existing Employment Agreement dated December 1,
2009 by and between the Company and the Executive (the “Employment Agreement”)
to reflect this reduction;

NOW, THEREFORE, in consideration of the terms and conditions contained in this
Amendment, and for other good and valuable consideration the receipt and
sufficiency of which is hereby acknowledged, the parties agree as follows:

1. Executive agrees to a reduction of his current annual base salary of CHF
300,000 (“Base Salary”) to CHF 150,000 with effect from June 1, 2012 through
December 31, 2012. On and after January 1, 2013, the Executive shall be entitled
to his Base Salary, unless otherwise mutually agreed with the Company. The
parties understand and agree that, for all other purposes, the Base Salary shall
be used for determination of bonus entitlements, benefits and the like. In
particular, the elected reduction in Base Salary shall have no impact on the
amount of bonus, if any, to which Executive may be entitled under the Company’s
incentive compensation plans or otherwise.

2. In consideration of the Executive’s voluntary reduction in Base Salary, the
Executive will receive on June 1, 2012 an option to purchase two shares of
INVE’s common stock for each U.S. dollar reduction in Base Salary (the
“Option”). For purposes of this Amendment, the U.S. dollar value equivalent of
the reduction in Base Salary denominated in currencies other than the U.S.
dollar shall be determined by reference to the applicable US dollar exchange
rate as reported by Bloomberg on June 1, 2012. The Option will have an exercise
price equal to the closing price of INVE’s common stock on June 1, 2012, and
will vest in equal monthly installments over a 12-month period beginning on
June 1, 2012. If the Executive’s employment with the Company or its subsidiary,
as applicable, is terminated without cause by the Company or its subsidiary
prior to the end of the vesting period, the vesting of the Option will
immediately accelerate and the Option will become fully vested and exercisable.

3. Except as otherwise expressly modified by the terms and conditions of this
Amendment, the Employment Agreement shall remain in full force and effect and is
hereby confirmed and ratified in all respects, and as so amended by this
Amendment, the Employment Agreement shall be read, taken and construed as one
instrument. Except as expressly provided for in this Amendment, nothing in this
Amendment shall be construed as a waiver of any rights or obligations of the
parties under the Employment Agreement. This Amendment may be executed in any
number of counterparts, all of which shall be considered one and the same
instrument and shall become effective when one or more counterparts have been
signed by each of the parties and delivered to the other party.

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IN WITNESS WHEREOF, the parties have duly executed this Amendment as of the day
and year first above written.

 

COMPANY: IDENTIVE SERVICES AG By:  

  /s/ Melvin Denton-Thompson

 

Melvin Denton-Thompson

Chief Financial Officer

EXECUTIVE:

  /s/ Ayman S. Ashour

Ayman S. Ashour

 

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