EXHIBIT 10.26

 

 

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1101 E. Arapaho Road

 

Richardson, TX 75081

 

972-234-6400 tel

 

972-234-1467 fax

 

 

 

 

 

February 4, 2011

 

Confidential

 

The Board of Directors

Intrusion Inc.

 

Re: Intrusion Inc.

 

Gentlemen:

 

As you are aware, over the past few years, I have provided financial assistance
to Intrusion through various private placements.  This letter confirms my
intention to make available funds in the amount of up to $1,500,000 to cover
cash flow shortfalls, if any, which may be experienced by Intrusion during the
period, ended March 2012.  I also confirm that I have access to sufficient
financial assets to make these funds available.  In the event of my death, my
heirs will be bound by this commitment.

 

This letter is in replacement of, and not in addition to, the original
commitment letter dated March 20, 2008 for $1,500,000.  In essence, I am only
extending my original commitment one year.

 

If you have any questions regarding this letter, please feel free to contact me.

 

Sincerely,

 

 

 

/s/ G. Ward Paxton

 

 

 

G. Ward Paxton

 

President and CEO

 

Intrusion Inc.

 

 

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