Exhibit 10.3 

AMENDMENT NO. 4
TO

EMPLOYMENT AGREEMENT


This amendment (the
“Amendment”) is made as of and effective this 30th day of
May 2016, between CalAmp Corp. (the “Company”) and Garo
Sarkissian (“Executive”). 

RECITALS: 

A. The Company and Executive
are parties to that certain Employment Agreement originally dated as of July 2,
2007 and as previously amended on December 19, 2008, June 12, 2013 and May 30,
2014 (the “Employment
Agreement”), pursuant to which
Executive is employed by the Company. 

B. The Company and Executive
desire to amend the terms of the Employment Agreement as set forth herein.


NOW, THEREFORE, in
consideration of the foregoing and of the respective covenants and agreements
set forth below, the parties hereto agree as follows: 

	        	1.      
    	Section 5(d)(i)
      of the Employment Agreement is hereby deleted in its entirety and replaced
      with the following:
		  
			(d) Termination Without Cause or Disability or for
      Good Reason.

		  
			       (i)
      Termination; Payment of Accrued Salary and Vacation. The Company may
      terminate Executive’s employment at any time for other than Cause or
      disability by providing written notice to Executive. The Executive may
      terminate his employment with Good Reason (as defined below) pursuant to
      the procedures set forth in Section 6(e). In such event (unless such
      termination would be covered by Section 6(e) below), the Company shall pay
      Executive as severance (A) subject to Section 6(d)(ii), an amount equal to
      three (3) months of his then Base Salary, less standard withholdings for
      tax and social security purposes, payable over such three (3) month term
      in monthly pro rata payments commencing as of the Termination Date (such
      monthly continued payments of Base Salary, the “Salary Continuation
      Benefit”); (B) the accrued portion of any vacation earned, less standard
      withholdings for tax and social security purposes; and (C) the Company
      will pay the premiums for continued coverage in the Company’s health and
      welfare plans under the continuation coverage provisions of COBRA for a
      period of six (6) months following the Termination Date (or the cash
      equivalent of such amount).

		  
		2.	In accordance
      with Section 1(e) and Section 9(f) of the Employment Agreement, the
      Employment Agreement is hereby further amended by this Amendment to extend
      the term for a period of two years, through May 31, 2018.
		  
		3.	Except as
      otherwise amended herein, all terms and conditions of the Employment
      Agreement shall remain in full force and effect.
	   		
		4.	Original signatures transmitted and received via facsimile or other
      electronic transmission of a scanned document, (e.g., .pdf or similar
      format) are true and valid signatures for all purposes hereunder and shall
      bind the parties to the same extent as that of an original signature. This
      Amendment may be executed in multiple counterparts, each of which shall be
      deemed to constitute an original but all of which together shall
      constitute only one document.


IN WITNESS WHEREOF, the
parties above have executed this Amendment as of the date first written above.


		/s/ Garo Sarkissian
		Garo
      Sarkissian
		  
		  
		CALAMP
      CORP.
		  
		  
		/s/ Michael Burdiek
		By: 	Michael Burdiek
			President & CEO