Document:

Agreement Terminating Stock Grant and Options

 Exhibit 10.1 
 ICOP DIGITAL, INC. 
 AGREEMENT TERMINATING STOCK GRANT AND OPTIONS 
 THIS AGREEMENT (“Agreement”) entered into effective on this the 10th day of July, 2008, by and between ICOP DIGITAL, INC., a Colorado corporation, (the “Company”) and DAVID C. OWEN, (“Owen”).

 WITNESSETH: 
 WHEREAS, Owen is
the Chairman/CEO of the Company is the holder of an unvested grant of 100,000 shares of common stock of the Company and entitlement to an associated supplemental bonus, all which remain subject to a substantial risk of forfeiture pursuant to that
certain Restricted Stock Award Agreement effective May 4, 2006, as amended, (the “Stock Grant”); and 
 WHEREAS, Owen
is the holder of a 50,000 share Non-Qualified Stock Option dated May 4, 2006 and a 50,000 share Non-Qualified Stock Option dated August 8, 2007, (collectively the “Prior Stock Options”); and 
 WHEREAS, the Company is initiating a registered public offering of it’s stock and has requested that Owen agree to terminates the Stock Grant
and restructure the Prior Stock Options to benefit the potential future cash flow of the Company and general best interest of the Company; and 
 WHEREAS, Owen acknowledge that it is in the best interest of the Company and agrees to the termination of the Stock Grant and restructuring of the Prior Stock Options and issuance of options in recognition of Owen’s agreement.

 NOW, THEREFORE in consideration of the above and foregoing recitals and the mutual covenants and agreements hereinafter set forth,
the parties hereto agree as follows: 
 1. Cancellation of Stock Grant and Prior Options Effective on the date hereof, the Company and
Owen hereby terminate and cancel (i) the Restricted Stock Award Agreement dated effective May 4, 2006, as amended and all right title of Owen to the Stock Grant and associated supplemental bonus, and (ii) the Prior Stock Options.

 2. Restructuring of Stock Options In recognition of Owen’s willingness to terminate the Stock Grant and Prior Stock Options,
all to the substantial financial benefit of the Company and in recognition of Owen’s leadership and services to the Company, the Company agrees to grant certain stock options to Owen. Effective upon the date hereof, the Company Board of
Directors has by separate resolution awarded Owen 200,000 shares of Non-Qualified Stock Options with a term of ten (10) years at an exercise price equivalent to closing the market price of common stock of the Company on the date hereof.

 3. Indemnification of Owen. The parties hereto intend and assume that the cancellation of the
Stock Grant and restructuring of Owen’s Prior Stock Options comply with the Internal Revenue Code and rules promulgated thereunder, including, but not limited to Section 409A of the Internal Revenue Code regarding nonqualified deferred
compensation. To the extent that the entry into this Agreement is found not to be in compliance with any such rule, the Company agrees to indemnify, save and hold Owen harmless with regard to any tax, penalty or interest assessed against or found to
be due and owing from Owen. 
 4. Headings For Reference Only The headings of sections and paragraphs herein are included solely for
convenience of reference and shall not control the meaning or interpretation of any of the provisions of this Agreement. 
 5. Governing
Law This agreement shall be governed by the laws of the State of Kansas 
 6. Validity The invalidity or unenforceability of any
provision or provisions of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. 
 7. Entire Agreement This Agreement sets forth the entire agreement of the parties hereto in respect of the subject matter contained herein and
supersede all prior agreements, promises, covenants, arrangements, communications, representations or warranties, whether oral or written, by any officer, employee or representative of any party hereto in respect of such subject matter. 

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

			
	Company:
		
		 	 ICOP DIGITAL, INC.,
 a Colorado
Corporation

		
		 	/s/ Roger Mason
		 	ROGER MASON,
		 	Chairman of Compensation Committee
	
	Owen:
		
		 	/s/ David C. Owen
		 	DAVID C. OWENAgreement Terminating Stock Grant and Options

 Exhibit 10.2 
 ICOP DIGITAL, INC. 
 AGREEMENT TERMINATING STOCK GRANT AND OPTIONS 
 THIS AGREEMENT (“Agreement”) entered into effective on this the 10th day of July, 2008, by and between ICOP DIGITAL, INC., a Colorado corporation, (the “Company”) and LAURA E. OWEN, (“Owen”).

 WITNESSETH: 
 WHEREAS, Owen is
the President/COO of the Company is the holder of an unvested grant of 100,000 shares of common stock of the Company and entitlement to an associated supplemental bonus, all which remain subject to a substantial risk of forfeiture pursuant to that
certain Restricted Stock Award Agreement effective May 4, 2006, as amended, (the “Stock Grant”); and 
 WHEREAS, Owen
is the holder of a 50,000 share Non-Qualified Stock Option dated August 8, 2007, a 25,000 share Non-Qualified Stock Option dated May 4, 2006 and a 12,500 share Non-Qualified Stock Option dated May 4, 2006, as amended, (collectively
the “Prior Stock Options”); and 
 WHEREAS, the Company is initiating a registered public offering of it’s stock and
has requested that Owen agree to terminates the Stock Grant and restructure the Prior Stock Options to benefit the potential future cash flow of the Company and general best interest of the Company; and 
 WHEREAS, Owen acknowledge that it is in the best interest of the Company and agrees to the termination of the Stock Grant and restructuring of the
Prior Stock Options and issuance of options in recognition of Owen’s agreement. 
 NOW, THEREFORE in consideration of the above
and foregoing recitals and the mutual covenants and agreements hereinafter set forth, the parties hereto agree as follows: 
 1.
Cancellation of Stock Grant and Prior Options Effective on the date hereof, the Company and Owen hereby terminate and cancel (i) the Restricted Stock Award Agreement dated effective May 4, 2006, as amended and all right title of
Owen to the Stock Grant and associated supplemental bonus, and (ii) the Prior Stock Options. 
 2. Restructuring of Stock Options
In recognition of Owen’s willingness to terminate the Stock Grant and Prior Stock Options, all to the substantial financial benefit of the Company and in recognition of Owen’s leadership and services to the Company, the Company agrees to
grant certain stock options to Owen. Effective upon the date hereof, the Company Board of Directors has by separate resolution awarded Owen 200,000 shares of Non-Qualified Stock Options with a term of ten (10) years at an exercise price
equivalent to closing the market price of common stock of the Company on the date hereof. 

 3. Indemnification of Owen. The parties hereto intend and assume that the cancellation of the
Stock Grant and restructuring of Owen’s Prior Stock Options comply with the Internal Revenue Code and rules promulgated thereunder, including, but not limited to Section 409A of the Internal Revenue Code regarding nonqualified deferred
compensation. To the extent that the entry into this Agreement is found not to be in compliance with any such rule, the Company agrees to indemnify, save and hold Owen harmless with regard to any tax, penalty or interest assessed against or found to
be due and owing from Owen. 
 4. Headings For Reference Only The headings of sections and paragraphs herein are included solely for
convenience of reference and shall not control the meaning or interpretation of any of the provisions of this Agreement. 
 5. Governing
Law This agreement shall be governed by the laws of the State of Kansas 
 6. Validity The invalidity or unenforceability of any
provision or provisions of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. 
 7. Entire Agreement This Agreement sets forth the entire agreement of the parties hereto in respect of the subject matter contained herein and
supersede all prior agreements, promises, covenants, arrangements, communications, representations or warranties, whether oral or written, by any officer, employee or representative of any party hereto in respect of such subject matter. 

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

			
	Company:
		
		 	 ICOP DIGITAL, INC.,
 a Colorado Corporation

		
		 	/s/ Roger Mason
		 	 ROGER MASON,

		 	 Chairman of Compensation Committee

	
	Owen:
		
		 	/s/ Laura E. Owen
		 	 LAURA E. OWENNon-Statutory Stock Option Agreement as of July 10, 2008 with David C. Owen

 Exhibit 10.3 
 ICOP DIGITAL, INC. 
 Grant Agreement 
 Non-Statutory Stock Option Agreement 
 Granted Under the 2002 Stock Option Plan

 1. Grant of Option. This Stock Option Agreement (this “Agreement”) evidences the
grant by ICOP Digital, Inc., a Colorado corporation (the “Company”), on July 10, 2008 (the “Grant Date”) to David C. Owen, 27085 W. 102nd Street, Olathe, KS 66061 (the “Optionee”), of an option to purchase, in whole or in part, on the terms provided herein and in the Company’s 2002 Stock Incentive Plan (the “Plan”), a total of
200,000 shares (the “Shares”) of common stock, $0.01 par value per share, of the Company (“Common Stock”) at $1.39 (“Option Price”) per Share. This option shall expire on July 9, 2018 (the
“Final Exercise Date”). 
 2. Vesting Schedule. 
 a. General. Subject to the terms and conditions set forth in this Agreement, including the accelerated vesting provisions set forth in Section 2(b) below, this option will become exercisable
(“vest”) on the following schedule: 
  

				
	 Date
	  	% Vested	 
	 Grant Date
	  	100	%

 b. Exercise Rights Cumulative. The right of exercise shall be cumulative so that to the
extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all shares for which it is vested until the earlier of the Final Exercise Date or the
termination of this option under Section 3 hereof or the Plan. 
 c. Change in Control. Pursuant to Article XIV of the Plan, upon
a Change in Control (as defined in the Plan), all of the Shares shall be vested. 
 3. Exercise of Option. In order to exercise this option, the
Optionee shall notify the Company or the Company’s third-party stock option plan administrator, if any, appointed by the Company (the “Plan Administrator”), of the Optionee’s intent to exercise this option, and shall follow the
procedures established by the Company or the Plan Administrator as the case may be for exercising stock options under the Plan and provide payment of the Option Price for each Share purchased hereunder in any of the following manner, (i) cash
in the form of a wire transfer of funds, cashiers check, bank draft or equivalent acceptable to the Company, (ii) share of the Common Stock of the Company that are already owned by the Optionee for at least six months and have a Fair Market
Value at the time of the exercise that is equal to the Option Price for the Shares purchased, (iii) by deferred payment of the Option Price for the Shares purchased from the proceeds of sale through a broker of some or all of the Shares to
which the exercise relates, provided such Option Price for the Shares purchased shall be due and payable not more than thirty (30) days following the date of exercise, (iv) by Cashless Exercise as hereinafter defined, (v) any legal
consideration acceptable to the Plan Committee, or (vi) any combination of the foregoing. The Optionee may purchase less than the number of shares covered hereby, provided that no partial exercise of this option may be for any fractional share.

 “Cashless Exercise” as used herein shall mean an exercise of this option in which, in lieu of
cash payment of the Option Price multiplied by the number of Shares exercised, the Optionee elects to receive a lesser number of Shares using the inherent value of the forgone Shares in satisfaction of the Option Price. The number of Shares to be
issued shall be computed by calculating the extent to which the closing price of the Company Common Stock on the date of exercise (or if such date is not a trading day, on the next prior trading day) exceeds the Option Price and multiplying the
positive price spread by a sufficient number of Shares which would otherwise be subject to issuance under this option to equal the Option Price for the reduced number of Shares which shall thereafter be issued. An Optionee may only elect a Cashless
Exercise if the Shares issuable by the Company on such exercise are publicly traded securities. 
 4. Provisions of the Plan. This option is subject
to the provisions of the Plan, a copy of which is furnished to the Optionee with this option. Capitalize terms not specifically defined herein shall have the meaning set forth in the Plan. Any conflict in the definition of any term of this Agreement
shall presumptively be defined as that term is defined in the Plan. 
 5. Notices. Any notice to be given to the Company shall be addressed to the
Company in care of its Secretary at its principal office, and any notice to be given to the Optionee shall be addressed to the Optionee at the address set forth beneath the Optionee’s signature hereto or at such other address as the Optionee
may hereafter designate in writing to the Company. Any such notice shall be deemed duly given when enclosed in a properly sealed envelope or wrapper address as aforesaid, registered or certified, and deposited, postage and registry or certification
fees prepaid, in a post office or branch post office regularly maintained by the United States Postal Service. 
 6. Rules of Construction. This
Agreement has been executed and delivered by the Company and shall be construed and enforced in accordance with the laws of the State of Kansas, without giving effect to any conflict-of-law principle of any jurisdiction. Any action or proceeding
arising out of this Agreement will be litigated in courts located in Johnson County, Kansas. Each party consents and submits to the jurisdiction of the District Court of Johnson County, Kansas of the Federal District Court of Kansas. 
 IN WITNESS WHEREOF, the Company has caused this option to be executed under its corporate seal by its duly authorized officer. This option shall take
effect as a sealed instrument. 
  

	
	ICOP DIGITAL, INC.,
	a Colorado Corporation
	
	/s/ David C. Owen
	Name: David C. Owen
	Title: President/CEO
	
	/s/ Roger L. Mason
	Name: Roger L. Mason
	Title: Chairman, Incentive Plan Committee

 Dated: July 10, 2008 

 OPTIONEE ACCEPTANCE 
 The undersigned hereby accepts the foregoing option and agrees to the terms and conditions thereof. The undersigned hereby acknowledges receipt of a copy of the Company’s 2002 Stock Option Plan. 
  

			
	Optionee:
	
	/s/ David C. Owen
	Name:	 	David C. Owen
	Address:	 	
	SSN:

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