Document:

CONFIDENTIAL
      SEPARATION AGREEMENT AND GENERAL RELEASE

     

    This
      CONFIDENTIAL SEPARATION AGREEMENT AND GENERAL RELEASE (the “Agreement”),
      dated
      as of May 10, 2008, is hereby made between PETER ETTINGER (“Employee”)
      and
      DOCUMENT SECURITY SYSTEMS, INC. and its divisions, affiliates, subsidiaries,
      predecessors, successors and assigns (collectively, “DSS”).
      Employee and DSS are hereinafter referred to individually as a “Party”
and
      collectively as the “Parties.”
This
      Agreement will become effective on the Effective Date (as hereafter defined).
      

     

    WHEREAS,
      Employee and DSS have mutually agreed to terminate Employee’s employment with
      DSS effective as of the close of business on May 9, 2008 (the “Termination
      Date”);
      

     

    WHEREAS,
      Employee and DSS have agreed to settle fully and finally any and all matters
      and/or controversies between them under the terms and conditions set forth
      in
      this Agreement. 

     

    NOW,
      THEREFORE, with the intent to be legally bound hereby, and in consideration
      of
      the mutual promises and covenants contained herein and other good and valuable
      consideration, the receipt and adequacy of which are hereby acknowledged, DSS
      and Employee agree to the terms and conditions set forth below.

     

    1. Payment
      and Other Consideration.

     

    1.1. Employee
      shall be entitled to the following payments from DSS:

     

    (a) If
      the
      Restricted Stock Proceeds (as defined in Section 1.6) shall be less than
      $212,000, DSS shall pay Employee, in cash or stock at the option of DSS, within
      thirty days after the end of the Restricted Stock Sale Period (as defined in
      Section 1.6) the difference between the Restricted Stock Proceeds and $212,000.
      If DSS chooses to issue additional shares of stock pursuant to the immediately
      preceding sentence, DSS agrees to issue such shares promptly and to cooperate
      with Employee in any such disposition by Employee of such shares. 

     

    (b) 
      The
      payments, if any, payable under Section 1.1(a) shall includes payment of all
      unused eligible PTO (Paid Time Off), including without limitation vacation
      days
      and sick days. 

     

    1.2. Employee
      shall receive reimbursement by DSS for all reasonable business expenses incurred
      prior to the Termination Date in accordance with DSS’s policies. 

     

    1.3. Any
      applicable payments hereunder shall be less required withholdings for taxes
      and
      benefit plan contributions (if any). 

     

    1.4. Concurrent
      with, or shortly after, the execution of this Agreement, DSS and Employee
      anticipate executing a Consulting Agreement (the “Consulting
      Agreement”).
      Employee acknowledges and agrees that during the period of this agreement,
      he
      will comply with and be subject to DSS’s insider trading policy during the term
      of the Consulting Agreement. 

     

    1.5. Subject
      to the approval of the Compensation and Management Resources Committee of the
      Board of Directors of the Company, DSS and Employee agree that the “Expiration
      Date,” as that term is used in that certain Stock Option Agreement, dated
      December 20, 2006, between DSS and Employee regarding an option to purchase
      40,000 shares of the Company’s Common Stock, shall be amended to “November 1,
      2009.”

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    1.6. Restricted
      Stock Vesting; Restricted Stock Proceeds.

     

    (a) Subject
      to the approval of the Compensation and Management Resources Committee of the
      Board of Directors of the Company, DSS and Employee agree that that certain
      Restricted Stock Agreement, dated June 12, 2006, between DSS and Employee is
      hereby amended so that the Restrictions (as defined in such Restricted Stock
      Agreement) with respect to 33,333 unvested shares of restricted stock issued
      under such Restricted Stock Agreement (the “Accelerated Restricted Stock”) shall
      lapse as follows: 3,333 shares on each 1-month anniversary of the Effective
      Date. 

     

    (b) Employee
      agrees to promptly enter into a Rule 10b5-1 Plan that is acceptable to the
      Company (the “Rule 10b5-1 Plan”) in which Employee shall instruct the applicable
      broker to sell such each such 3,333 vesting shares on terms and conditions
      acceptable to Employee but in no event later than thirty (30) days after the
      applicable vesting of each such 3,333 shares. 

     

    (c) The
      gross
      proceeds of the sales of the Accelerated Restricted Stock shall be referred
      to
      as the “Restricted Stock Proceeds.” For purposes of calculating the Restricted
      Stock Proceeds only, any shares of the Accelerated Restricted Stock that are
      not
      sold within thirty (30) days after the applicable vesting date of such portion
      of the Accelerated Restricted Stock shall be considered to have generated gross
      sale proceeds equal to the cost basis of such unsold shares of Accelerated
      Restricted Stock, which cost basis shall equal the average of the high and
      low
      trades of the Company’s common stock on the trading day immediately prior to the
      lapse of Restrictions with respect to the applicable shares of Accelerated
      Restricted Stock.

     

    (d) The
      term
“Restricted Stock Sale Period” shall mean the period that begins on the first
      lapse of Restrictions of the Accelerated Restricted Stock and ends on the
      earlier of (i) the date that all such shares of the Accelerated Restricted
      Stock
      has been sold by Employee or (ii) thirty (30) days after the Restrictions have
      lapsed on all of the Accelerated Restricted Stock.

     

    1.7. DSS
      and
      Employee agree that that certain Restricted Stock Agreement, dated May 3, 2007,
      between DSS and Employee is hereby terminated and Employee and DSS each
      acknowledge and agree that he/it and the other party have no rights or
      obligations under such Restricted Stock Agreement. Employee further agrees
      that
      other than as set forth in Section 1.5 and 1.6, he has no rights, including
      without limitation to receive, vest or exercise any options and/or restricted
      stock, pursuant to any Stock Option Agreement, Restricted Stock Agreement or
      otherwise. 

     

    2. Benefits.
      

     

    2.1. As
      of the
      Termination Date, Employee shall be eligible to elect the continuance of group
      health and dental insurance (if Employee is currently enrolled in the DSS
      sponsored plan), in accordance with federal COBRA law. If
      Employee wishes to elect COBRA (continue coverage in the then-current group
      medical and/or dental plan after the Termination Date), Employee must complete
      and sign a COBRA Election Form and return it to DSS in accordance with COBRA.
      Employee
      will receive information, under separate cover, about Employee’s COBRA rights
      and about Employee’s rights under the DSS 401(k) Savings Plan (if Employee is a
      participant).

     

    
      
        
        

      

      
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    2.2. Employee’s
      premiums for any coverage under COBRA will be the then-published
      rate. 

     

    2.3. After
      the
      Termination Date, Employee will not continue to accrue vacation benefits or
      commissions, or continue to contribute to the DSS Savings Plan or 401(k) Plan,
      and will not receive any other benefits from DSS, other than those specified
      in
      this Agreement. Employee’s rights with respect to any options to purchase DSS
      stock or any restricted DSS stock that he may have received from DSS are
      governed by the applicable award agreements and plan documents.

     

    3. Payment
      of all Outstanding Compensation.
      Except
      for those obligations specifically set forth in this Agreement and
      in
      the Consulting Agreement, and for those obligations set forth in the Stock
      Option Agreement referred to in Section 1.5 and the Restricted Stock Agreement
      referred to in Section 1.6, as of the Termination Date, any and all agreements
      or arrangements between the Parties related to commissions, bonuses, ownership
      or other interests in any entities or assets, payments and/or compensation
      of
      any kind (“Compensation”)
      are
      deemed null and void without any continuing obligation or liability of any
      party
      thereunder; it being understood that, among other things, from and after the
      Termination Date except as expressly provided hereunder or under the Consulting
      Agreement, DSS will have no obligation to pay Employee any Compensation or
      have
      any duties, responsibilities or other obligations to Employee with respect
      to
      any agreement or arrangement and Employee will have no rights
      thereunder.

     

    4. Equipment.
      Employee will return any and all DSS property and equipment in his possession,
      including, but not limited to, any and all DSS identification cards, card key
      passes, keys, pagers, computers (laptops or desktops), cellular telephones,
      BlackBerry or similar personal digital assistant devices, corporate credit
      cards, corporate calling cards, and any other property or equipment in his
      possession that DSS may not know of, on or before the Termination Date. Employee
      may, at his option, transfer his current cellular telephone number to a cellular
      phone owned by him. 

     

    5. Termination
      of Employment; Resignation.
      Employee acknowledges and agrees that his employment by DSS has terminated
      on
      the Termination Date, and that he will be deemed to have resigned from all
      officer positions and directorships that he may hold with DSS (or otherwise
      at
      the request of DSS) at such time. Employee acknowledges and agrees that he
      is
      due no other compensation, commission payments, benefits or other consideration
      of any kind other than as specifically identified in this Agreement and in
      the
      Consulting Agreement.. DSS agrees not to contest any application for
      unemployment benefits of Employee.

     

    6. Re-employment
      or Reinstatement.
      Employee recognizes and acknowledges that DSS has no obligation to recall,
      rehire, or re-employ Employee in the future except for the services contemplated
      in the Consulting Agreement.

     

    7. Cooperation.
      Through
      the Severance Pay Period, Employee agrees to cooperate with reasonable requests
      for advice, cooperation and/or assistance made by DSS, at no charge, in
      connection with matters he worked on while employed by DSS, including, without
      limitation, to assist in the orderly transition of his duties and
      responsibilities and any outstanding projects to the individual (or individuals)
      designated by DSS. Failure by Employee to provide complete and honest
      cooperation will constitute a material breach of this Agreement.
      No
      Other Inducements.
      Employee acknowledges that the payments described in Section
      1
      are made
      solely in consideration of and in exchange for his execution of this Agreement
      and the general release. Employee acknowledges that he is not otherwise entitled
      to receive the payments and other items of value referenced above, absent his
      execution of this Agreement, and that no other promise or agreements (oral
      or
      written) of any kind have been made to him or with him by any person or entity
      whatsoever to cause him to sign this Agreement. 

     

    
      
        
        

      

      
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    8. Release.
      

     

    8.1. For
      good
      and valuable consideration (the receipt and sufficiency of which hereby are
      acknowledged) and as a material inducement to DSS to enter into this
      Agreement and
      the
      Consulting Agreement, Employee, for himself and his heirs, executors,
      administrators, personal representatives and members of his immediate family,
      hereby voluntarily, irrevocably and unconditionally releases, acquits and
      forever discharges DSS and its present and former officers, directors,
      employees, shareholders, consultants, attorneys, advisors, agents and
      representatives, and all persons acting by, through, under or in concert with
      any of them (whether any of the aforementioned individuals were acting as agents
      for DSS or in their individual capacities) (collectively, the “Released
      Parties”)
      from
      any and all claims and causes of action (except those necessary to enforce
      his
      rights under this Agreement) including, but not limited to, claims related
      to
      Employee’s employment, or separation from employment; any claims for salary,
      bonuses, commissions, payments related to severance pay, vacation pay or any
      benefits under the Employee Retirement Income Security Act (except for vested
      ERISA benefits which are not affected by this Agreement); any claims for option,
      stock or other incentive awards; any claim under New York’s Wage and Hour Laws,
      or other state wage and hour laws; any claim under the Worker Adjustment and
      Retraining and Notification Act; any claim alleging sexual or other harassment,
      or discrimination based on race, color, national origin, ancestry, religion,
      marital status, sex, sexual orientation, citizenship status, pregnancy, medical
      condition, handicap or disability (as defined by the Americans with Disabilities
      Act or any foreign, federal, state or local law), age, or any other unlawful
      discrimination (under the Age Discrimination in Employment Act, as amended
      by
      the Older Workers Benefit Protection Act of 1990, Title VII of the Civil Rights
      Act of 1964, as amended, the Americans with Disabilities Act, the Equal Pay
      Act,
      the Violence Against Women Act, the New York Law Against Discrimination, or
      any
      other foreign, federal, state or local laws); discharge in violation of foreign,
      state or federal “whistle blower” laws; discharge in violation of the federal
      Family and Medical Leave Act or other foreign, state or federal family leave
      laws; breach of implied or express contract, breach of promises,
      misrepresentation, negligence, fraud, estoppel, defamation, infliction of
      emotional distress, violation of public policy, retaliatory discharge, wrongful
      or constructive discharge, retaliation, intentional tort or for attorneys’ fees,
      which Employee or his heirs, executors, administrators, personal representatives
      or members of his immediate family now have, ever had or may hereafter have,
      whether known or unknown, suspected or unsuspected, up to and including the
      date
      both Parties have executed this Agreement.

     

    8.2. Employee,
      for himself and his heirs, executors, administrators, personal representatives
      and members of his immediate family, also hereby waives all rights to file
      any
      charge or complaint against DSS arising out of Employee’s employment by or
      termination thereof from DSS before any federal, state or local administrative
      agency, except where any law prohibits such waivers. Employee, for himself
      and
      his heirs, executors, administrators, personal representatives and members
      of
      his immediate family, further waives all rights to recover any damages or
      equitable or other relief in any claim or suit brought by or through the Equal
      Employment Opportunity Commission, or any other federal, state or local agency
      under the Age Discrimination in Employment Act, as amended by the Older Workers
      Benefit Protection Act of 1990, Title VII of the Civil Rights Act of 1964,
      as
      amended, the Americans with Disabilities Act, the Equal Pay Act, the any other
      foreign, federal, state, or local discrimination law, except where such waiver
      is prohibited by law.

     

    
      
        
        

      

      
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    8.3. Employee
      further agrees, promises and covenants that neither he nor his heirs, executors,
      administrators, personal representatives, members of his immediate family or
      any
      person, organization, or other entity acting on his behalf has filed, charged
      or
      claimed, or will file, charge or claim, or will cause or permit to be filed,
      charged or claimed, any action for damages or other relief (including
      injunctive, declaratory, monetary relief or other) against the Released Parties
      involving any matter occurring in the past up to the Effective Date (as
      hereafter defined), or involving or based upon any claims, demands, causes
      of
      action, obligations, damages or liabilities which are later
      discovered.

     

    8.4. Employee
      further agrees that the releases contained in Sections
      8.1
      through
8.3
      above
      shall survive in the event of a breach by Employee (or any person, organization
      or entity acting on his behalf) of this Agreement, or any representation,
      warranty, promise, covenant or other obligation contained herein or
      therein.

     

    9. No
      Admission of Liability.
      The
      making of this Agreement and anything contained herein is not intended, and
      shall not be construed, as an admission that DSS has violated any foreign,
      federal, state or local law (statutory or common law), ordinance or regulation;
      breached any contract; or violated any right or obligation that it may owe
      or
      may have owed to Employee, or committed any wrong whatsoever against Employee.
      Employee further acknowledges, covenants, and agrees that no final findings
      or
      final judgments have been made by any court or arbitration panel against DSS
      in
      favor of Employee, and that Employee does not purport and will not claim to
      be a
      prevailing party, for any purpose.

     

    10. Confidentiality
      of Agreement.
      The
      Parties agree that the consideration furnished under this Agreement and
      the
      Consulting Agreement, the discussions and correspondence that led to this
      Agreement and the Consulting Agreement, and the terms and conditions of this
      Agreement and the Consulting Agreement are confidential. Employee represents
      that he, and any attorney he may have retained to review this Agreement and
      the
      Consulting Agreement, have not disclosed the terms or conditions of this
      Agreement and the Consulting Agreement. Except as may be required by law or
      to
      enforce the terms hereof or thereof, neither Employee nor his attorney may
      disclose the above information to any other person or entity, except that
      Employee may disclose the provisions of this Agreement and
      the
      Consulting Agreement to his immediate family members and financial and/or tax
      advisor, provided
      that
      Employee makes the person to whom disclosure is made aware of the
      confidentiality provisions of this Agreement and the Consulting Agreement and
      such person agrees in writing to keep confidential the terms of this Agreement.
      If subpoenaed to appear in any civil or criminal litigation, or by any
      governmental authority, to testify as to the contents of this
      Agreement and/or
      the Consulting Agreement, Employee agrees to immediately forward a copy of
      the
      subpoena to the General Counsel of DSS so that DSS may contest such subpoena,
      or
      any request, requirement or order related thereto, and to notify the proponent
      of the subpoena that this Agreement and/or the Consulting Agreement are the
      subject of an agreement of confidentiality. DSS may disclose the terms and
      conditions of this Agreement and/or the Consulting Agreement to its respective
      officers, directors, employees, accountants and counsel who have a business
      need
      to know, and as otherwise required by law. Employee further agrees that he
      will
      not encourage others who are not Parties to this Agreement and/or the Consulting
      Agreement to demand any disclosure of the terms and conditions of this Agreement
      and/or the Consulting Agreement.

     

    
      
        
        

      

      
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    11. Intellectual
      Property and Non-Disclosure Obligations.

     

    11.1. Employee
      agrees that he will not file, without the express written consent of the CEO
      or
      General Counsel of DSS, any patent, copyright or trademark applications relating
      to any DSS Invention (as hereafter defined), except under the direction of
      DSS.
      As referred to in this Agreement, “DSS
      Invention”
shall
      mean all ideas, inventions, discoveries, improvements, trade secrets, formulae,
      techniques, data, software, programs, systems, specifications, developments,
      system architectures, documentation, algorithms, flow charts, logic diagrams,
      source code, methods, processes, marketing and business data, including
      works-in-progress, whether or not subject to statutory protection, whether
      or
      not reduced to practice, which were conceived, created, authored, developed,
      or
      reduced to practice by Employee, either alone or jointly with others, whether
      on
      the premises of DSS or not, during his employment by DSS. Employee agrees to
      assist DSS in perfecting, registering, maintaining, and enforcing, in any
      jurisdiction, DSS’s rights (including such rights as may be assigned by DSS from
      time to time) in the DSS Inventions by performing promptly all acts and
      executing all documents deemed necessary or convenient by DSS and does hereby
      irrevocably designate and appoint DSS and its duly authorized officers and
      agents as his agent and attorney-in-fact to do all lawfully permitted acts
      (including, but not limited to, the execution, verification and filing of
      applicable documents) with the same legal force and effect as if performed
      by
      him.

     

    11.2. Employee
      agrees that he will not, without the express written consent of the CEO or
      General Counsel of DSS, use the Confidential Information (as hereafter defined)
      except as permitted by the Consulting Agreement. As referred to in this
      Agreement, “Confidential
      Information”
shall
      mean technical and business information about DSS, and its clients and customers
      that was learned by Employee in the course of his employment by DSS and that
      was
      not already in the public domain through no fault of Employee including, without
      limitation, any and all proprietary DSS Inventions, any trade secrets, customer
      and potential customer names, product plans and designs, licenses and other
      agreements, marketing and business plans, and other financial and business
      information of DSS. Employee will not duplicate or replicate (or cause or permit
      others to duplicate or replicate) any document or other material in any medium
      embodying any Confidential Information. Employee will not disclose or permit
      the
      disclosure of any Confidential Information to any person or entity under any
      circumstances, unless Employee is required to disclose such information by
      law
      or pursuant to a judicial order, and in such case, prior written notice to
      DSS
      is required where possible. All of the Confidential Information shall remain
      the
      sole and exclusive property of DSS. DSS owns all right, title and interest
      in
      and to the Confidential Information and other intellectual property owned by
      DSS, including, without limitation, the DSS Inventions. Employee agrees that
      he
      acquired no right, title or interest in any Confidential Information or the
      DSS
      Inventions; and the Confidential Information is specialized, unique in nature,
      and of great value to DSS and that such Confidential Information gives DSS
      a
      competitive advantage. Employee hereby agrees to promptly return to DSS all
      tangible materials and all copies thereof, in whatever media, in his possession
      or control, containing or employing any Confidential Information or the DSS
      Inventions, together with a written certification with the
      foregoing.

     

    
      
        
        

      

      
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    Employee
      acknowledges and agrees that all copyrights, trademarks, patents and DSS
      Inventions conceived, created, authored, developed or reduced to practice by
      Employee during his employment with DSS are the sole and exclusive property
      of
      DSS; all copyrightable works included in the DSS Inventions shall be “works made
      for hire” within the meaning of the Copyright Act of 1976, as amended (17 U.S.C.
§101), and DSS is the “author” within the meaning of such Act; and in the event
      that title to any or all of the DSS Inventions does not or may not, by operation
      of law, vest in DSS, Employee hereby assigns to DSS all his right, title and
      interest in all DSS Inventions, and all copies of them, in whatever medium
      fixed
      or embodied, and in all writings relating thereto in his possession or control
      and expressly waives any moral rights or similar rights in any DSS Invention
      or
      any such work made for hire.

     

    11.3. Employee
      acknowledges and agrees that:

     

    (a) (i)
      DSS
      owns all right, title and interest in and to the Confidential Information and
      DSS Inventions, and (ii) Employee acquired no right, title or interest in any
      Confidential Information or the DSS Inventions; and

     

    (b) The
      Confidential Information is specialized, unique in nature, and of great value
      to
      DSS and that such Confidential Information gives DSS a competitive advantage;
      and

     

    (c) Employee
      hereby agrees to promptly return to DSS all tangible materials and all copies
      thereof, in whatever media, in his possession or control, containing or
      employing any Confidential Information, together with a written certification
      with the foregoing.

     

    12. Non-Competition
      and Non-Solicitation. 

     

    12.1. Employee
      acknowledges and agrees that, except as provided otherwise in the Consulting
      Agreement,:

     

    (a) Employee
      shall not during the one-year period following the Termination Date, either
      as
      an employee, employer, consultant, agent, principal, partner, stockholder,
      corporate officer, director or in any other individual or representative
      capacity, engage or participate, invest in (except for investments of less
      than
      5% of a business entity’s capitalization) or become employed by any business
      that is in direct competition with the business of DSS as of the Termination
      Date. For purposes hereof, businesses that are in direct competition shall
      include, without limitation, those that sell optical deterrent
      technologies;

     

    (b) Employee
      shall not, directly or indirectly, influence or attempt to influence, or assist
      or advise any person attempting to influence, customers, distributors, partners
      or suppliers of DSS (i) to divert any part of their business away from DSS,
      (ii)
      to cause damage to the business of DSS, or (iii) to do any material business
      with any competitor of DSS; and

     

    (c) Employee
      shall not, directly or indirectly, solicit or recruit any employee, officer,
      partner or consultant of DSS to leave the employment of DSS or terminate his/her
      relationship with DSS and Employee shall not advise or otherwise assist any
      other person to solicit or recruit any employee, officer, partner or consultant
      of DSS; provided, however, DSS shall not unreasonably withhold its consent
      for
      Employee to engage a consultant of DSS.

     

    
      
        
        

      

      
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    The
      Parties agree that the provisions of this Section
      12
      replace
      all prior non-competition and non-solicitation provisions in any agreements
      between Employee and DSS notwithstanding any survival clauses contained therein.
      The Parties further agree that the provisions of this Section
      12
      shall be
      interpreted as broadly as possible in favor of DSS.

     

    13. Non-Disparagement.
      Employee agrees that he will not at any time, in any way, disparage DSS or
      any
      individuals associated with DSS, including without limitation its present or
      former licensees (including without limitation The Ergonomic Group and its
      officers and principals), customers, officers, directors, agents and employees,
      by making or soliciting any comments, statements or the like to the media or
      to
      others, either orally or in writing, that may be considered to be derogatory
      or
      detrimental, in any way, to the good name or business reputation of DSS or
      such
      other persons or entities. Employee further agrees that he will not engage
      in
      any conduct that is in any way injurious, or may be perceived to be injurious,
      to DSS’s reputation or interest (other than normal competitive process not in
      violation of this Agreement), including, but not limited to, encouraging or
      assisting others to bring any form of suit, claim or cause of action against
      DSS. DSS will not at any time, in any way, disparage Employee.

     

    14. Breach.
      Employee agrees and acknowledges that if he breaches any representation,
      covenant, promise or undertaking made pursuant to this Agreement, DSS is
      authorized to pursue all rights and remedies available in law or in equity.
      DSS
      agrees and acknowledges that if it breaches any representation, covenant,
      promise or undertaking made pursuant to this Agreement, Employee is authorized
      to pursue all rights and remedies available in law or in equity. 

     

    15. Agreement
      Not Admissible.
      The
      Parties agree that this Agreement may be used and admitted as evidence only
      in a
      subsequent proceeding in which DSS or Employee seeks to enforce its/his rights
      hereunder.

     

    16. Representations
      and Warranties.
      Employee represents and warrants that he has been given a reasonable and
      sufficient period of time to consider the terms and conditions of this
      Agreement; that
      he
      has been advised in writing to consult with an attorney before signing this
      Agreement; that he has had an opportunity to be represented by independent
      legal
      counsel of his own choice throughout all of the negotiations preceding the
      execution of this Agreement; that he has executed this Agreement after the
      opportunity for consultation with above-described independent legal counsel;
      that he is of sound mind and body, competent to enter into this Agreement,
      and
      is fully capable of understanding the terms and conditions of this Agreement;
      that he has carefully read this Agreement in its entirety; that he has had
      the
      opportunity to have the provisions of this Agreement explained to his by his
      own
      counsel, who has answered to his satisfaction any questions he has asked with
      regard to the meaning of any of the provisions of this Agreement, and that
      he
      fully understands their terms and significance; and that he voluntarily assents
      to all the terms and conditions contained therein, and that he is signing this
      Agreement of his own force and will, without any coercion or duress. Employee
      acknowledges and agrees that DSS has advised his that all payments to his must
      comply with the requirements of Section 409A of the Internal Revenue Code
      (“409A”),
      and
      Employee agrees to indemnify and hold harmless DSS from and against any and
      all
      taxes, costs, and expenses, as a result of 409A.

     

    17. Consideration
      and Revocation Periods.
      Pursuant to the Older Workers Benefit Protection Act, Employee is advised that
      he shall have at least 21 calendar days to consider this Agreement before
      signing it, but may sign this Agreement at any earlier time if he so desires.
      If
      Employee signs this Agreement, he shall have 7 calendar days thereafter (the
      “Revocation
      Period”)
      to
      revoke this Agreement by indicating his desire to do so, in writing, addressed
      to DSS, 28 East Main Street, 15 Floor, Rochester, New York 14614 (attention:
      General Counsel). In order for such revocation to be effective, it must be
      received before 5:00 p.m. on the seventh day following the date this Agreement
      was executed by Employee. The effective date of this Agreement shall be the
      8th
      day following the execution of this Agreement by Employee (the “Effective
      Date”).
      In
      the event Employee does not accept this Agreement, or in the event Employee
      revokes this Agreement during the Revocation Period, this Agreement, including,
      but not limited to, the obligation of DSS to make the payments set forth in
      Section 1, shall automatically be deemed null and void, and Employee shall
      promptly return to DSS any amounts paid by DSS to Employee under this
      Agreement.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

       

    

    18. Severability.
      If, at
      any time after the date Employee executes this Agreement, any provision of
      this
      Agreement shall be held to be illegal, void or unenforceable, such provision
      shall be of no force and effect, provided that, in the event that any provision
      of Section
      12
      is held
      invalid or unenforceable or is deemed to exceed the time, geographic or scope
      limitations permitted by applicable law, then such provisions shall be reformed
      to the maximum time, geographic or scope limitations, as the case may be,
      permitted by applicable laws, and such other changes shall be made to give
      effect to the original intent of the Parties. The illegality or unenforceability
      of any provision shall have no effect upon, and shall not impair the
      enforceability of, any other provision of this Agreement, provided
      that,
      upon a finding by a court or agency of competent jurisdiction that the release
      of claims contained in Section
      8
      is
      illegal, void or unenforceable, Employee agrees that, at the request of DSS,
      he
      will execute a release covering all the same claims as are released under
Section
      8
      that are
      legal and enforceable, or, if the basis on which the release was found illegal,
      void or unenforceable cannot be so cured, to return promptly to DSS, upon its
      request, all amounts paid to his under this Agreement.

     

    19. Resignation
      from Board of Directors.
      Concurrent with the execution of this Agreement, Employee shall submit his
      resignation as President of the Company and from the Board of Directors of
      the
      Company in form of the letter attached hereto as Exhibit
      A.
      All
      applicable insurance coverage of Employee under the Company’s director and
      officer insurance policies for acts and omissions of Employee during his tenure
      as an officer and director of the Company shall continue to remain in effect
      throughout the Term.

     

    20. Prior
      Agreements Superseded; No Oral Modification.
      This
      Agreement constitutes the complete understanding between the Parties and
      supersedes any and all prior agreements (oral or written) between the Parties
      (including, but not limited to, all agreements related to commissions and any
      other payments). Employee acknowledges that neither DSS nor any representative
      of DSS has made any representation or promises to Employee other than as set
      forth herein or therein. This Agreement may not be modified except in a writing
      signed by both Employee and the CEO of DSS.

     

    21. No
      Assignment of Claims.
      Each of
      the Parties represents and warrants that he has not assigned or transferred
      any
      of the claims released under this Agreement, or any portion of or interest
      in
      any such claims, to any other individual, firm, or other entity.

     

    22. Dispute
      Resolution.
      Any
      dispute arising out of or relating to this Agreement shall be finally determined
      by arbitration in the State of New York in accordance with the employment
      arbitration rules of the American Arbitration Association by a neutral
      arbitrator with no direct or indirect relationship to either party. In such
      arbitration, (a) the arbitrator shall agree to treat all evidence as
      confidential; (ii) the arbitrator shall have no authority to amend or modify
      any
      of the terms of this Agreement; (iii) the arbitrator shall have 10 business
      days
      from the closing statements or submission of post-hearing briefs by the parties
      to render his or his decision. The results of any such arbitration shall be
      final and binding upon the parties hereto, and any party may enforce any
      arbitration award in any court of competent jurisdiction. Each party shall
      bear
      its/his own costs of participating in the arbitration proceedings.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

       

    

    23. Choice
      of Law.
      This
      Agreement will be construed and enforced in accordance with the laws of the
      State of New York, without regard to its conflict of law rules. 

     

    24. Counterparts.
      This
      Agreement may be executed in counterparts, each of which shall be deemed an
      original. Facsimile signatures shall be deemed effective if subsequently
      followed by handwritten signatures.

     

    25. Construction
      of Agreement.
      This
      Agreement shall be interpreted without regard to the identity of the drafter,
      and shall not be construed for or against either party. The subheadings in
      this
      Agreement are for convenience only and shall not affect the interpretation
      of
      the substantive terms of this Agreement.

     

    26. Binding
      Agreement.
      This
      Agreement shall be binding upon the Parties and upon their respective heirs,
      administrators, representatives, executors, successors and assigns.

     

    27. Notices.
      All
      notices, requests, demands, and other communications hereunder shall be in
      writing and shall be deemed to have been duly given to the Party to be notified
      one (1) business day after deposit with an internationally recognized overnight
      courier, specifying overnight delivery, with written verification of receipt.
      Notices shall be sent to the Parties at the following addresses or such other
      addresses as the parties subsequently may provide in accordance with this
      section. 

     

    
      	
              If
                to DSS:

              Document
                Security Systems, Inc.

              28
                Main Street East, Suite 1525

              Rochester,
                New York 14614

              Attention:
                Chief Executive Officer 

            	
              With
                a copy to:

              Document
                Security Systems, Inc.

              28
                Main Street East, Suite 1525

              Rochester,
                New York 14614

              Attn:
                General Counsel 

            
	 	 
	
              If
                to Employee:

              7914
                Long Branch Pkwy

              Silver
                Springs, MD 20912

            	
              With
                a copy to:
                

            

    

     

    [Signature
      Page Follows]

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    WHEREFORE,
      the Parties, by their signatures below, evidence their agreement to the
      provisions stated above.

     

    
      	 	 	 
	 	DOCUMENT
              SECURITY SYSTEMS, INC.
	 
 	 
 	 
 
	 	By:	/s/
              Patrick
              White
	 	 	Name: Patrick White
	 	 	Title: Chief Executive Officer
	 	 	 
	 	Dated:	
              May
                10, 2008

            
	 	 

    

     

    I
      HAVE
      READ AND UNDERSTOOD THIS AGREEMENT, INCLUDING THE GENERAL RELEASE OF ALL CLAIMS
      CONTAINED IN SECTION
      9,
      AND AM
      IN AGREEMENT WITH ITS TERMS.

     

    
      	 	/s/
              Peter
              Ettinger
	 	Peter Ettinger
	 	 	 
	 	Dated:	
              May
                10, 2008

            
	 	 

    

     

    
      	 	 	 	 
	Sworn to before me this	 	 	
            
	   10th  
               day of     May   ,
              2008	 	 	 
	 	 	 	 
	
              /s/
                Haresh A. Laheri

            	 	 	 
	Notary Public	 	 	 

    

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

     

    May
      9,
      2008

     

    The
      Board
      of Directors

    Document
      Security Systems, Inc.

    28
      East
      Main Street, Suite 1525

    Rochester,
      NY 14614

    Re: Resignation

     

    Dear
      Sirs:

    I
      hereby
      resign my position as President of Document Security Systems, Inc., effective
      May 9, 2008. I also hereby resign from the Board of Directors of Document
      Security Systems, Inc., effective May 9, 2008. 

     

    I
      confirm
      that I have no claim against Document Security Systems, Inc. for compensation
      for loss of office or directorship.

     

    Very
      truly yours,

     

    Peter
      Ettinger

     

    
      
        
        

      

      
        12CONSULTING
      AGREEMENT

     

    This
      CONSULTING AGREEMENT, dated as of this 12th day of May 2008 (the “Effective
      Date”), is between Document Security Systems, Inc. (the “Company”) and Peter
      Ettinger (“Consultant”).

     

    R
      E C I T
      A L S:

     

    WHEREAS,
      the Company has agreed to retain Consultant to provide professional and advisory
      services and consultation as more fully described below, and Consultant is
      willing to provide such services on the terms and for the consideration set
      out
      below.

     

    NOW,
      THEREFORE, in consideration of the foregoing and the mutual promises contained
      herein, and for other good and valuable consideration, the receipt and adequacy
      of which is hereby acknowledged, it is hereby agreed as follows:

     

    SECTION
      1. Appointment.
      The
      Company hereby appoints Consultant and Consultant hereby agrees to serve the
      Company in the capacity of a consultant to the Company. Consultant’s appointment
      shall commence on May 12, 2008 and shall terminate on May 11, 2009 (the “Initial
      Term”). If this Agreement shall continue to be in full force and effect as of
      the expiration date of the Initial Term, and there shall not be existing a
      default under this Agreement as of the expiration of the Initial Term, this
      Agreement shall automatically continue for successive periods of one (1) year
      each (each an “Additional Renewal
      Term”
and
      together with the Initial Term the “Term”), unless terminated by either party
      hereto upon written notice to the other at least thirty (30) days prior to
      the
      expiration of the Initial Term or the then-current Additional Renewal Term,
      as
      applicable. This Agreement and the consulting arrangement described herein
      may
      only be terminated by prior to the end of the Term if: (i) a party hereto
      materially breaches any of its material obligations under this Agreement, (ii)
      the non-breaching party is given written notice of such a breach, and such
      breach is not reasonably cured within thirty (30) days of such notice.

     

    SECTION
      2. Duties.
      During
      the Term, Consultant shall provide the Services (as described below in Section
      4) to the Company, during normal business hours, as and when reasonably
      requested by the Company from time to time and at such times as are mutually
      agreeable (by telephonic conference if reasonably acceptable to the Company).
      Consultant’s services hereunder may only be requested and supervised by the
      Company’s CEO or his written designee or successor. In no event shall Consultant
      be deemed, or be obligated to perform duties as a manager or executive of the
      Company or any of its subsidiaries, although he shall be reasonably available
      to
      provide the assistance hereunder, as provided in Section 3.

     

    SECTION
      3. Time
      Spent; Office; Equipment.
      At the
      request of the Company, Consultant shall be reasonably available to provide
      Services during the Term, at such times determined by mutual agreement of the
      parties.
      The
      Company shall not provide Consultant with an office nor any other equipment,
      materials, and supplies, unless the parties otherwise mutually
      agree.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    SECTION
      4. Services.
      

     

    (a) During
      the Term, Consultant may represent the Company as provided in this Section
      4 in
      order to sell the products and services of the Company.

     

    (b) Consultant
      and the Company agree to use commercially reasonable efforts to sell products
      and services of the Company, either directly through the efforts of Consultant
      individually or through a mutually agreeable entity that Consultant is an
      employee or principal. 

     

    (c) Unless
      otherwise agreed to in writing by the Company, Consultant shall be solely
      responsible for all costs and expenses of any kind directly or indirectly
      incurred by Consultant. The Company agrees to reimburse Consultant for
      reasonable, documented costs incurred and paid by Consultant upon the
      consummation of a sale of products or services of the Company that was the
      result of the direct efforts of Consultant; provided, however, that such
      reimbursement of expenses shall not exceed 5% of the net profit of the Company
      on such sale of products or services.

     

    (d) All
      sales
      of the products and services of the Company made pursuant to this Agreement
      shall be on terms and conditions that are acceptable to the Company in its
      sole
      discretion.

     

    (e) Notwithstanding
      anything to the contrary contained herein, Consultant shall not make any
      material contacts with any potential purchasers of the Company’s products or
      services without the prior written consent of the Company. Consultant shall
      clearly inform any such potential purchaser that he is acting in the capacity
      of
      a consultant to the Company and is not an officer or director of the
      Company.

     

    (f) Except
      as
      provided in Section 4(g) below or as otherwise agreed in writing by the parties
      hereto, Consultant shall receive a 15% commission of the net profit on (i)
      all
      sales of products or services of the Company that are consummated during the
      Term as a direct result of the efforts of Consultant during the Term and (ii)
      all sales of products or services of the Company that are consummated during
      or
      after the Term as a result of an agreement entered into by the Company during
      the Term as a direct result of the efforts of Consultant during the Term. For
      clarification purposes and without limiting the foregoing, Consultant shall
      not
      be entitled to any commission, remuneration or reimbursement of expenses for
      sales of products of services of the Company that are a result of efforts of
      Consultant or others that occurred prior to the Term or after the Term.

     

    (g) The
      Company and Consultant acknowledge and agree that, notwithstanding provisions
      to
      the contrary contained herein, Consultant shall be entitled to continue to
      work
      with those existing potential clients of the Company listed below in Section
      4(g)(i) (collectively, the “Existing Potential Clients”) on a non-exclusive
      basis during the Term. Any sales by Consultant of the products or services
      of
      the Company to any of the Existing Potential Clients shall entitle Consultant
      to
      a 5% commission of the net profit on (i) all sales of products or services
      of
      the Company that are consummated during the Term as a direct result of the
      efforts of Consultant during the Term and (ii) all sales of products or services
      of the Company that are consummated during or after the Term as a result of
      an
      agreement entered into by the Company during the Term as a direct result of
      the
      efforts of Consultant during the Term.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

       

    

    (i) The
      Existing Potential Clients shall consist of:

     

    
      	 	
              (A)

            	
              Indra
                Sistemas S.A. and all entities affiliated with Indra Sistemas and/or
                its
                current officers and directors; 

            

    

     

    
      	 	
              (B)

            	
              The
                country of Morocco;

            

    

     

    
      	 	
              (C)

            	
              International
                Barcode Corporation, d/b/a BTI Technologies (“BTI”); provided, however,
                that Consultant shall not be entitled to any commission in connection
                with
                a license agreement or similar agreement entered into between the
                Company
                and BTI’s licensee in the Philippines that have been substantially
                negotiated as of the Effective Date.

            

    

     

    
      	 	
              (D)

            	
              Licensees
                of BTI in France, and all entities affiliated with such licensees
                and/or
                its current officers and directors that Consultant has had meaningful
                discussions with prior to the Term.

            

    

     

    (h)
       The
      Company acknowledges that Consultant believes that he or entities affiliated
      with Consultant have strong ties in the operation and management of airports
      and
      maritime ports in South America, Central America, Europe and Australia and
      that
      contacts that may derive from such introductions may lead to licensing and
      other
      commercial opportunities for DSS in connection with maritime port, airport
      and
      related security operations (collectively, “Ports”). Commissions payable to
      Consultant as a result of sales of the Company’s products or services to Ports
      shall be pursuant to the terms and conditions, including commission rate, as
      specified in Section 4(f) hereof; provided, however, that if such Port is an
      Existing Potential Client that such commission shall be pursuant to Section
      4(g). If Consultant has presented Company with a substantive, written proposal
      on terms that are reasonably acceptable to the Company from the owner or
      operator of such a facility or significant representations by the consultant
      of
      their interest for such facility to purchase the Company’s products and services
      and the Company does not accept such proposal, Consultant shall be entitled
      to a
      5% commission of the Company’s net profit of any sales of products or services
      of the Company to such port that are made during the immediately following
      six-month period; provided, however, that such 5% commission shall not exceed
      the amount of the commission that would have been payable to Consultant if
      the
      proposal submitted by, through or as a result of him were accepted by the
      Company. The Company and agrees not to not directly or indirectly contact these
      entities once the sales target has been approved in writing by the
      Company.

     

    (i)
       Without
      limiting anything contain herein, the Company shall only be liable for payment
      of commission, remuneration or reimbursement of expenses to Consultant for
      those
      transactions that are agreed to in writing by the Company in its sole discretion
      and such payments are clearly identified in such agreement. The only
      compensation or remuneration Consultant shall be entitled to from the Company
      pursuant to this Agreement shall be the commission payments as provided in
      this
      Section 4.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

       

    

    SECTION
      5. Confidentiality
      Obligations.
      In
      consideration for the fees paid hereunder, Consultant agrees that he will not,
      at any time, either during the Term of this Agreement or thereafter, divulge,
      use, publish or in any other manner reveal, information obtained or learned
      during the course of his engagement with the Company or otherwise, whether
      before or after the date of this Agreement, with regard to the operational,
      financial, business or other affairs and activities of the Company or any of
      its
      subsidiaries and affiliates, their officers, directors or employees, except
      (i) as may be necessary to the performance of his duties hereunder; (ii)
      with the express written consent of the Chief Executive Officer of the Company;
      (iii) to the extent that any such information is in the public domain other
      than
      as a result of Consultant’s breach of any obligations hereunder; (iv) where
      required to be disclosed by court order, subpoena or other government process;
      or (v) to the extent such information was disclosed to Consultant by a third
      party who is not subject to restriction on the dissemination of such
      information. Consultant shall promptly notify the General Counsel of the Company
      as soon as reasonably practicable after learning of such court order, subpoena
      or government process. In such event, at the Company’s expense, Consultant
      shall: (a) take all reasonably necessary steps requested by the General Counsel
      to defend against the enforcement of such court order, subpoena or other
      governmental process; and (b) permit the Company to intervene and participate
      with counsel of its choice in any proceeding relating to the enforcement
      thereof.

     

    SECTION
      6. Non-Competition
      Covenant; Non Solicitation Covenant.
      Consulting acknowledges and agrees that, except as otherwise provided
      herein:

     

    (a) Consultant
      shall not during the Term or one year thereafter, either as an employee,
      employer, consultant, agent, principal, partner, stockholder, corporate officer,
      director or in any other individual or representative capacity, engage or
      participate, invest in (except for investments of less than 5% of a business
      entity’s capitalization) or become employed by any business that is in direct
      competition with the business of the Company as of the Effective Date. For
      purposes hereof, businesses that are in direct competition shall include,
      without limitation, those that sell optical deterrent technologies;

     

    (b) Consultant
      shall not, directly or indirectly, influence or attempt to influence, or assist
      or advise any person attempting to influence, customers, distributors, partners
      or suppliers of the Company (i) to divert any part of their business away from
      the Company, (ii) to cause damage to the business of the Company, or (iii)
      to do
      any material business with any competitor of the Company; and

     

    (c) Consultant
      shall not, directly or indirectly, solicit or recruit any employee, officer,
      partner or consultant of the Company to leave the employment of the Company
      or
      terminate his/her relationship with the Company and Consultant shall not advise
      or otherwise assist any other person to solicit or recruit any former employee,
      officer, partner or consultant of the Company; provided, however, the Company
      shall not unreasonably withhold its consent for Consultant to engage a
      consultant of the Company.

     

    (d)
       Consultant
      agrees that the prohibitions contained herein are reasonable and valuable to
      the
      Company, and are express conditions of the Company’s decision to engage him. If
      any court shall hold that the duration, scope or any other provision of
      non-competition or any other restriction contained in this Section 6 is
      unenforceable, it is the parties hereto intention that same shall not thereby
      be
      terminated but shall be deemed amended to delete therefrom such provision or
      portion adjudicated to be invalid or unenforceable or, in the alternative,
      such
      judicially substituted term may be substituted therefor.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

       

    

    SECTION
      7. Indemnification.
      Consultant agrees to defend, indemnify and hold the Company harmless from any
      liability, loss, costs, damages, and penalties (and related expenses and
      attorney fees) arising directly or indirectly in the course of providing
      Services under this Agreement, from Consultant’s (i) acts or omissions that
      constitute gross negligence or willful misconduct, or (ii) breach of any
      employment or contractual obligation that he may have towards any person other
      than the Company or its affiliates. The Company shall not be liable to
      Consultant for any acts or omissions by Consultant in the performance of his
      duties under this Agreement. 

     

    SECTION
      8. Relationship
      Between the Parties.
      Consultant’s relationship with the Company is that of an independent contractor,
      and nothing in this Agreement is intended to, or should be construed to, create
      any relationship of partnership, agency or employer and employee between the
      Company and Consultant. As a consequence, (a) Consultant shall have no authority
      to make any representation, commitment, or enter into contracts or agreements
      on
      behalf of the Company unless specifically required or approved in writing to
      do
      so by an executive officer of the Company; (b) all taxes that might be due
      and
      payable as a result of the services or receipt of fees under this Agreement
      by
      Consultant in whatever jurisdiction shall be the sole responsibility of
      Consultant (and Consultant hereby agrees to indemnify Company against tax
      liability); (c) Consultant will not be eligible to participate in the Company’s
      pension or other fringe benefit program (including but not limited to group
      health insurance), nor will he be covered by the Company’s workers’ compensation
      insurance; and (d) no
      part
      of Consultant's compensation will be subject to payroll taxes. The Company
      will
      regularly report amounts paid to Consultant by filing Form 1099-MISC with the
      Internal Revenue Service.

     

    SECTION
      9. Miscellaneous.

     

    (a) Notices.

     

    (i) All
      communications under this Agreement shall be in writing and shall be delivered
      by hand or mailed by overnight courier:

     

    (1) if
      to
      Consultant, at 7914 Long Branch Pkwy, Silver Springs, MD 20912, or at such
      other
      address as Consultant may have furnished the Company in writing,

     

    (2) if
      to the
      Company, at 28 East Main Street, Rochester, New York 14614, marked for the
      attention of the General Counsel, or at such other address as it may have
      furnished in writing to Consultant, or

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

       

    

    (ii) Any
      notice so addressed shall be deemed to be given: if delivered by hand, on the
      date of such delivery; and if mailed by overnight courier, on the first business
      day following the date of such mailing.

     

    (b) Amendment;
      Entire Agreement.
      This
      Agreement may be amended, assigned, and the observance of any term of this
      Agreement may be waived, with (and only with) the written consent of each of
      the
      parties hereto. This Agreement and that certain Confidential Separation
      Agreement and General Release, dated May 10, 2008, between Consultant and the
      Company, and the other agreements referenced herein, constitute the entire
      agreement between the parties with respect to the subject matter contained
      herein and therein.

     

    (c) Severability.
      If any
      provision of this Agreement shall be held to be invalid, it shall not affect
      the
      validity or enforceability of any other provision of this Agreement, but shall
      remain in full force and effect.

     

    (d) Governing
      Law.
      This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of New York, without regard to its conflict of law rules.

     

    (e) Section
      Headings.
      The
      headings of the sections and subsections of this Agreement are inserted for
      convenience only and shall not be deemed to constitute a part
      thereof.

     

    (f) Counterparts.
      This
      Agreement may be executed in one or more counterparts, each of which shall
      be
      deemed an original and all of which together shall be considered one and the
      same agreement.

     

    (g) Arbitration.
      Any
      dispute arising out of or relating to this Agreement shall be finally determined
      by arbitration in the State of New York in accordance with the employment
      arbitration rules of the American Arbitration Association. In such arbitration,
      (i) the arbitrator shall agree to treat all evidence as confidential; (ii)
      the
      arbitrator shall have no authority to amend or modify any of the terms of this
      Agreement; (iii) the arbitrator shall have ten business days from the closing
      statements or submission of post-hearing briefs by the parties to render his
      or
      her decision. The results of any such arbitration shall be final and binding
      upon the parties hereto, and any party may enforce any arbitration award in
      any
      court of competent jurisdiction. The prevailing party as determined by the
      trier
      of fact shall be entitled to recover all of its reasonable attorneys’ fees and
      legal costs incurred in connection with the arbitration.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the undersigned have executed this Agreement on the day and
      year first above written.

    
      	 	 	 
	 	DOCUMENT
              SECURITY SYSTEMS, INC.
	 
 	 
 	 
 
	 	By:  	/s/
              Patrick
              White
	 	Name: Patrick White
	 	Title:
              Chief
              Executive Officer 

    

    
      
        	 	 	 
	 	/s/
                Peter
                Ettinger
	 	Peter
                Ettinger

      

    

     

    
      
        
        

      

      
        7

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