Document:

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                                                                    EXHIBIT 10.3

                    SEPARATION AGREEMENT AND GENERAL RELEASE

         This Separation Agreement and General Release ("Agreement") is made and
entered into this 7th day of October, 2003 (the "Effective Date") by and between
Universal Electronics Inc. ("UEI") and Jerry Bardin ("Bardin").

                                   WITNESSETH:

         WHEREAS, Bardin has been employed by UEI since August 3, 1998;

         WHEREAS, effective on the "Separation Date" (as defined herein), Bardin
hereby voluntarily resigns as an employee of UEI and any of its subsidiaries and
affiliates and UEI hereby accepts such resignation.

         NOW, THEREFORE, in consideration of the mutual covenants and promises
of the parties to this Agreement, including UEI's agreement to pay Bardin
pursuant to Paragraph 2 of this Agreement, the receipt and sufficiency of which
are hereby acknowledged, Bardin and UEI agree as follows:

         1.       TERMINATION AS AN EMPLOYEE. Effective on the October 17, 2003,
(the "Separation Date"), Bardin hereby voluntarily resigns as an employee of UEI
and any of its subsidiaries or affiliates and UEI hereby accepts such
resignation.

         2.       PAYMENTS. On the Separation Date, UEI will pay, as set forth
below, to Bardin a gross amount (before deduction of appropriate taxes and other
customary withholdings which Bardin understands and agrees shall also be
deducted from this amount) of $14,258.09 which includes $11,538.47 (representing
Bardin's bi-weekly payroll through the Separation Date), and $2,719.62
(representing accrued but unused vacation through the Separation Date). The
payment of this payroll and vacation (less appropriate taxes and other customary
withholdings) shall be paid via check presented to Bardin on the Separation
Date. Bardin acknowledges and agrees that such amount represents all
compensation, salary, vacation pay, profit sharing, bonuses, and commissions to
which he is entitled. In addition to the above payment, UEI agrees to pay to
Bardin as severance, an amount equal to $16,666.67 (one (1) month pay) less
appropriate taxes and other customary withholdings which shall be deducted from
the payment made pursuant to this Paragraph 2 (the "Severance Amount"). The
payment of the Severance Amount shall be made in one lump sum on UEI's first
regularly scheduled payroll date after the expiration of the revocation period
as set forth in Paragraph 20. Bardin shall be entitled to this Severance Amount
by virtue of this Agreement and the performance by him of his obligations
hereunder and Bardin acknowledges and agrees that he has no independent right to
it.

         3.       STOCK OPTIONS. UEI and Bardin hereby agree that all options
granted to him are as set forth below and Bardin represents, warrants and agrees
that this Paragraph 3 accurately sets forth all options granted to him and that
there are no other options which have been granted to him, that he has not
exercised any of the options granted him other than those stated in
sub-paragraphs a and b

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below, and that no other options have been promised to him and he acknowledges
that he is not entitled to any other options:

                  a.       On August 3, 1998, UEI, pursuant to one of its Stock
         Option Plans, granted to Bardin the option to purchase up to 30,000
         shares of common stock of UEI at an exercise price of $6.1875 per
         share. As of the Separation Date, Bardin shall be vested in 100% of the
         option (30,000 shares), of which 7,500 have been exercised by Bardin.
         Bardin may exercise the vested portion of such option until the end of
         UEI's business day on February 28, 2005 and otherwise in accordance
         with the terms and conditions set forth within the agreement, after
         which date such option shall terminate and be of no further force and
         effect.

                  b.       On January 28, 1999, UEI, pursuant to one of its
         Stock Option Plans, granted to Bardin the option to purchase up to
         10,000 shares of common stock of UEI at an exercise price of $7.50 per
         share. As of the Separation Date, Bardin shall be vested in 100% of the
         option (10,000 shares), of which 2,353 have been exercised by Bardin.
         Bardin may exercise the vested portion of such option until the end of
         UEI's business day on February 28, 2005 and otherwise in accordance
         with the terms and conditions set forth within the agreement, after
         which date such options shall terminate and be of no further force and
         effect.

                  c.       On October 7, 1999, UEI, pursuant to one of its Stock
         Option Plans, granted to Bardin the option to purchase up to 20,000
         shares of common stock of UEI at an exercise price of $11.016 per
         share. As of the Separation Date, Bardin shall be vested in 100% of the
         option (20,000 shares), none of which have been exercised by Bardin.
         Bardin may exercise the vested portion of such option until the end of
         UEI's business day on February 28, 2005 and otherwise in accordance
         with the terms and conditions set forth within the agreement, after
         which date such options shall terminate and be of no further force and
         effect.

                  d.       On August 24, 2000, UEI, pursuant to one of its Stock
         Option Plans, granted to Bardin the option to purchase up to 10,000
         shares of common stock of UEI at an exercise price of $20.188 per
         share. As of the Separation Date, Bardin shall be vested in 75% of the
         option (7,500 shares), none of which have been exercised by Bardin.
         Bardin may exercise the vested portion of such option until the end of
         UEI's business day on February 28, 2005 and otherwise in accordance
         with the terms and conditions set forth within the agreement, after
         which date such options shall terminate and be of no further force and
         effect. It is understood and agreed to by the parties that, effective
         immediately on the Separation Date, the unvested portion of the option
         terminated automatically and was of no further force and effect.

                  e.       On February 5, 2002, UEI, pursuant to one of its
         Stock Option Plans, granted to Bardin the option to purchase up to
         10,000 shares of common stock of UEI at an exercise price of $15.98 per
         share. As of the Separation Date, Bardin shall be vested in 25% of the
         option (2,500 shares), none of which have been exercised by Bardin. As
         further consideration to Bardin in exchange for his obligations and
         duties hereunder, UEI hereby agrees that an additional 25% of the
         option shall vest on it next regularly scheduled vesting date (as set
         forth

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         within the agreement - February 5, 2004) at which time Bardin shall
         become 50% vested in the option. Bardin may exercise the vested portion
         of such option until the end of UEI's business day on February 28, 2005
         and otherwise in accordance with the terms and conditions set forth
         within the agreement, after which date such options shall terminate and
         be of no further force and effect. It is understood and agreed to by
         the parties that, effective immediately on the Separation Date, the
         remaining unvested portion of the option (50% after the next vest)
         terminated automatically and was of no further force and effect.

                  f.       On November 12, 2002, UEI, pursuant to one of its
         Stock Option Plans, granted to Bardin the option to purchase up to
         10,000 shares of common stock of UEI at an exercise price of $8.45 per
         share. As of the Separation Date, Bardin shall be vested in 0% of the
         option (0 shares). As further consideration to Bardin in exchange for
         his obligations and duties hereunder, UEI hereby agrees that the first
         25% of the option shall vest on its next regularly scheduled vesting
         date (as set forth within the agreement - November 12, 2003) at which
         time Bardin shall become 25% vested in the option. Bardin may exercise
         the vested portion of such option until the end of UEI's business day
         on February 28, 2005 and otherwise in accordance with the terms and
         conditions set forth within the agreement, after which date such
         options shall terminate and be of no further force and effect. It is
         understood and agreed to by the parties that, effective immediately on
         the Separation Date, the remaining unvested portion of the option (75%
         after the next vest) terminated automatically and was of no further
         force and effect.

         4.       INSURANCE CONTINUATION. UEI has provided Bardin or will
provide Bardin in accordance with law, all notices for continuation of health
and disability insurance as required by COBRA. Bardin understands and agrees
that it is his responsibility to elect to continue such insurance under COBRA
and that he must notify UEI timely of such election. Bardin further understands
and agrees that he shall be solely and fully responsible for all premiums,
deductibles and co-payments as required under the specific insurance plans
continued by virtue of Bardin's election. Further, Bardin acknowledges and
agrees that all life insurance previously provided Bardin by UEI shall terminate
as of the last day of the month in which the Separation Date falls.

         5.       EXPENSES. Bardin acknowledges and agrees that he has submitted
all expense reports and that he has received payment therefore and that there
are no other expense items due him.

         6.       NO AUTHORITY. Bardin acknowledges that effective immediately
on his Separation Date he does not have authority to bind UEI to any contracts
or commitments and agrees not to create any obligation of UEI or bind or attempt
to bind UEI in any manner whatsoever, and agrees not to involve himself in any
activities of UEI, except as may be requested in writing by an authorized
officer of UEI.

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         7.       DUTY TO COOPERATE/CONSULTING

                  a.       Bardin agrees to cooperate fully, subject to
         reimbursement by UEI of reasonable out-of-pocket costs and expenses,
         with UEI and its counsel with respect to any matter (including any
         litigation, investigation or governmental proceeding) which relates to
         matters with which Bardin was involved during the term of his
         employment with UEI. Such cooperation shall include appearing from time
         to time at the offices of UEI or UEI's counsel for conferences and
         interviews and in general providing the officers of UEI and its counsel
         with the full benefit of Bardin's knowledge with respect to any such
         matter. Bardin agrees to render such cooperation in a timely fashion
         and at such times as may be mutually agreeable to the parties
         concerned. During the entire period in which Bardin provides
         cooperation as set forth above, all information concerning UEI or its
         businesses learned or received by Bardin shall be treated as
         confidential in the same manner as such information would have been
         treated during any period of employment and in accordance with the
         terms and conditions of confidentiality in Paragraph 9 below which
         terms and conditions are hereby incorporated for purposes of this
         subparagraph.

                  b.       The parties agree to enter into that certain
         Consulting Agreement of even date herewith attached here to as
         Attachment A.

         8.       RETURN OF UEI'S PROPERTY. All notes, reports, sketches, plans,
books, credit cards, calling cards, keys, computers, and related paraphernalia,
computer passwords, unpublished memoranda or other documents or property which
were created, developed, generated or held or controlled by Bardin and which
concern or are related to UEI's business, whether containing or relating to
Confidential Information as defined below or not, are the property of UEI and
have been or shall be returned to UEI immediately. Bardin acknowledges that he
has received all of his personal property that was located at UEI's offices. In
the event that UEI or Bardin shall discover any other property of the other in
its or his possession, UEI or Bardin, as the case may be, shall immediately
return such property to the other.

         9.       CONFIDENTIAL INFORMATION. Bardin recognizes he has a duty and
obligation to UEI to continue to protect the confidential and proprietary
information and any trade secrets belonging to UEI ("Confidential Information")
which includes but is not limited to information pertaining to pricing, customer
lists, product development, marketing, accounts receivable, customer credit
information, research or development, distribution, technology, product design,
packaging, or manufacturing or assembly processes and know-how, and marketing
and therefore agrees that:

                  a.       Any and all UEI Confidential Information produced or
received by Bardin during his employment and hereafter is the property of UEI.

                  b.       Bardin shall not use, disclose, divulge or convey to
any third person, anywhere in the world, any Confidential Information belonging
to UEI or its affiliates until

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such time as such information or secrets become publicly known by legitimate
means, such as public disclosure by UEI or otherwise through no wrongful act by
Bardin.

         10.      INDUCEMENT OF OTHER EMPLOYEES. For a two (2) year period
ending on the second anniversary date of the Separation Date, Bardin will not,
directly or indirectly, solicit, induce or encourage any other person or entity
to leave employment, agency or office with UEI nor will he, directly or
indirectly, hire any such person or entity.

         11.      REMEDIES.

                  a.       Bardin acknowledges that failure to comply with the
         terms of this Agreement may cause irreparable damage to UEI and
         therefore, in addition to any other remedies at law or in equity
         available to UEI for Bardin's breach or threatened breach of this
         Agreement, UEI is entitled to apply for specific performance or
         injunctive relief against Bardin to prevent such damage or breach
         without the necessity of posting bond or other security, as well as an
         award of attorneys fees and costs incurred as a result of any action
         which is necessary to enforce this Agreement.

                  b.       Bardin acknowledges that if he breaches any portion
         of this Agreement, in addition to any remedy afforded UEI at law or in
         equity or by this Agreement, UEI may seek damages for any alleged
         violation of this Agreement.

                  c.       UEI acknowledges that if UEI breaches any portion of
this Agreement, in addition to any remedy afforded Bardin at law or in equity or
by the Agreement, Bardin may seek damages for any alleged violation of this
Agreement.

         12.      KNOWING AND VOLUNTARY. Bardin also acknowledges and recites
that

                  a.       He enters into this Agreement knowingly and
         voluntarily;

                  b.       He has read and understands this Agreement in its
         entirety;

                  c.       He has been advised and directed orally and in
         writing (and this subparagraph 12(c) constitutes such written
         direction) to seek legal counsel and any other advice he wishes with
         respect to the terms of this Agreement before executing it, and he has
         had an opportunity to negotiate about its terms;

                  d.       His execution of this Agreement has not been forced
         by any employee or agent of UEI;

                  e.       He has been offered 21 calendar days after receipt of
         this Agreement to consider its terms before he executed it; and

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                  f.       That the Severance Amount in Paragraph 2 and the
         additional vesting of certain options as set forth in Paragraph 3
         constitutes additional consideration to which he is entitled by virtue
         of this Agreement only.

         13.      RELEASE, DISCHARGE, WAIVER AND COVENANT NOT TO SUE. For and in
consideration of the mutual covenants provided in this Agreement, each of UEI on
behalf of itself, its affiliates, subsidiaries, successors and assigns and
Bardin on behalf of himself and his heirs, executors, administrators, children,
and assigns:

                  a.       do hereby fully release and discharge the other and
         each of their respective past and present officers, directors,
         employees, attorneys, agents, subsidiaries, affiliates, related
         organizations, heirs, executors, administrators, children, successors
         and assigns from,

                  b.       do hereby fully waive any obligations of the other,
         such persons or entities for, and

                  c.       covenants not to sue or otherwise commence any action
         to recover from the other, such persons or entities,

any and all sums of money, accounts, actions, causes of action, claims and
demands based upon or arising by reason of any damage, loss, injury or
entitlement regardless of source or nature, whether known or unknown or
contingent or absolute, which heretofore has been or which hereafter may be
suffered or sustained, directly or indirectly, by either UEI or its past or
present officers, directors, employees, attorneys, agents, subsidiaries,
affiliates, related organizations, successors and assigns, or Bardin or his
heirs, executors, administrators, children, or assigns in consequence of,
arising out of, or in any way related to Bardin's employment, or termination of
employment, with UEI or any of its affiliated organizations, divisions or
operational subdivisions, including his separation as a UEI employee on the
Separation Date. The foregoing release and discharge, waiver and covenant not to
sue includes, but is not limited to, all claims, and any obligations or causes
of action arising from such claims, which could have been raised under common
law including wrongful or retaliatory discharge, breach of contract and any
action arising in tort including libel, slander, defamation or intentional
infliction of emotional distress, personal injury, and claims under any statute
including Title VII of the Civil Rights Act of 1964, 42 U.S.C. Section 2000e,
et. seq., the Civil Rights Act of 1866 and 1871, 42 U.S.C. Section 1981, et.
seq., the National Labor Relations Act, 29 U.S. Section 151, et. seq.; the Age
Discrimination in Employment Act, 29 U.S.C. Section 621, et. seq., including the
Older Workers Benefit Protection Act, the Fair Labor Standards Act, 29 U.S.C.
Section 201, et. seq., the Employee Retirement Income Security Act, 29 U.S.C.
Section 1001, et. seq., the Americans with Disabilities Act of 1990, the
Rehabilitation Act, or any statute under applicable state law including any
antidiscrimination statutes and any wage and hour laws applicable to employees,
and/or any claims under any express or implied contract which either party or
its or his successors or assigns or representatives may claim existed with the
other. This release and discharge, waiver and covenant not to sue expressly
includes all claims, and any obligations or causes of action arising from such

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claims, that could have been raised in state or federal court or with a state,
federal or municipal agency or entity.

         14.      EXCLUSIVE PAYMENTS/BREACH. The payments outlined in this
Agreement to be made to Bardin will be considered as fulfilling all compensation
obligations to Bardin or UEI, including but not limited to salary, vacation,
benefits, bonuses, profit sharing, commissions, and any other payments or
benefits from UEI and Bardin agrees that all such payments, including all past
compensation, are full and adequate consideration for his agreements and
releases hereunder.

         15.      NON-DISCLOSURE. Bardin certifies that he has not and agrees
that he will not discuss, disclose or release in any fashion any information
relating to this Agreement to any person other than his attorney, accountant,
financial advisor, and wife, each of whom he has advised of this confidentiality
provision and directed to maintain the same.

         16.      SEVERABILITY. In the event that any term or provision of this
Agreement shall be held to be indefinite, invalid or otherwise unenforceable,
the indefinite, invalid or unenforceable provision shall be deemed deleted, and
the remaining part of the Agreement shall continue in full force and effect. If
any tribunal or Court of competent jurisdiction deems any term or provision
hereof unenforceable, such term or provision shall be modified only to the
extent necessary to render it enforceable and this Agreement shall be valid and
enforceable and the parties hereto agree to be bound by and perform same as thus
modified. In making such determination, any such tribunal or Court shall also
consider a reduction to or reimbursement to UEI for any consideration to which
Bardin has received or is to receive, including without limitation, any and all
amounts and other items set forth in Paragraph 2 of this Agreement.

         17.      ENTIRE AGREEMENT. The terms of this Agreement constitute the
entire Agreement between Bardin and UEI, and as of the date of this Agreement
supersede any prior agreement whether in writing or orally, between Bardin and
UEI.

         18.      GOVERNING LAW. This Agreement is to be executed in the State
of California and shall be construed and enforced under the laws of the State of
California without regard to its conflict of laws provisions.

         19.      SUCCESSORS AND ASSIGNS. This Agreement shall inure to the
benefit of and may be enforced by the parties to this Agreement and shall be
binding upon Bardin, his executors, administrators, legatees, or any other
successor in interest and upon UEI, its successors and any assignee or
transferee of or successor to all or substantially all of the business or assets
of UEI, and may not be amended, in whole or in part, except in writing signed by
a duly authorized officer of UEI and Bardin.

         20.      REVOCATION. Bardin shall have seven (7) days from the date he
executes this Agreement within which to revoke his execution, in which event
this Agreement shall be unenforceable and null and void. In the event that
Bardin elects to revoke this Agreement pursuant

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to this Paragraph 20, Bardin shall, within five (5) days of such election return
to, refund and/or reimburse UEI for any and all amounts paid to or on behalf of
Bardin pursuant to this Agreement, which amounts shall include, without
limitation, any and all Severance Amount.

         21.      UNEMPLOYMENT CLAIM. UEI agrees to not contest any claim made
by Bardin for unemployment compensation.

         IN WITNESS WHEREOF, the parties have executed this Agreement on the
dated indicated above.

Witness:                           Universal Electronics Inc.
______________________________
                                   By:_____________________________________
                                      President and Chief Operating Officer

Witness:
______________________________     ________________________________________
                                   Jerry Bardin

                                   Dated:__________________________________

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                                                                    ATTACHMENT A

                          Form of Consulting Agreement

Attached 7 Pages

                                        9<PAGE>

                                                                    EXHIBIT 10.4

                              CONSULTING AGREEMENT

         THIS CONSULTING AGREEMENT (the "Agreement"), made and entered into this
7th day of October, 2003, by and between Jerry Bardin, a California resident
("Consultant"), and Universal Electronics Inc., a Delaware Corporation ("UEI").

         WHEREAS, UEI is engaged in the business of (i) developing software, and
building and marketing pre-programmed, easy-to-use wireless control devices and
chips principally for home entertainment equipment and the subscription
broadcast market, including without limitation, remote control devices,
combination keyboard/remotes and touch-screen remotes, (ii) licensing its
patented technologies and database of infrared codes to companies selling into
the cable and satellite industries, and to original equipment manufacturers and
(iii) selling its universal remote control products to distributors and
retailers in Europe, Asia, South America and Australia under the One For All(R)
brand name; and

         WHEREAS, Consultant is UEI=s former Senior Vice President of
Engineering, Operations and Quality and has expertise in and has intimate
knowledge of UEI=s business;

         THEREFORE, the parties, intending to be legally bound, and for the good
and valuable consideration, the adequacy of which is hereby recognized by the
parties agree as follows:

1.       DEFINITIONS.

         (a) "Invention" shall mean any invention, discovery or improvement
(including, without limitation, any technology, test, concept, idea, operation,
product, process, method, formula, computer program or flowchart or software or
firmware, data bases, technique or improvement thereof), whether or not related
to a service or product of UEI being sold, developed or considered and whether
or not patentable, and all know-how related thereto.

         (b) "Confidential Information" shall mean all information, whether
provided orally or in writing, relating to the UEI=s business that has economic
value and is not generally known to others, including, but not limited to, trade
secrets, proposed domain names, trade dress, software, know-how, costs, methods
of business operation, business plans, business and marketing concepts,
financial information, projections and data, sales information, profit data and
information regarding business partners, suppliers, vendors, distributors, and
customers.

         (c) "Consulting Services" shall mean the services as defined by Section
3.

         (d) "Work Product" shall mean all information and works of authorship
fixed in any tangible medium that are created in the process of providing
Consulting Services or related in any way to UEI's business, including, but not
limited to, trade secrets, proposed domain names, trade dress, software,
know-how, costs, methods of business operation, business plans, business and
marketing concepts, financial information, projections and data, sales
information, profit data and information regarding business partners, suppliers,
vendors, distributors, and customers.

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2.       TERM. The term of this Agreement shall commence on October 18, 2003 and
shall continue until the end of business on February 29, 2004 (the "Term"),
unless sooner terminated in accordance with the terms hereof.

3.       CONSULTING SERVICES. During the term of this Agreement, Consultant
shall provide his services as shall be necessary for a period of time, not to
exceed twenty (20) hours per month, to advise and consult with UEI in areas
relating to product development, product procurement, manufacturing, scheduling,
quality assurance, vendor selection, negotiation, and such other activities
associated with the normal business of UEI in connection with the manufacturing
of products. The services shall include Consultant being available for advice
and counsel to UEI from time to time by telephone, letter or in person. Each of
the services listed above or elsewhere in this Agreement shall be provided by
Consultant to the satisfaction of UEI.

4.       COMPENSATION. As full compensation for the consulting services to be
rendered by Consultant and for the performance of all other obligations
hereunder, UEI shall pay to Consultant US$66,666.68, the amount to be paid in
advance on October 18, 2003.

5.       RESPONSIBILITY FOR BUSINESS EXPENSES. Consultant agrees that he shall
be responsible for:

         (a)      All individual taxes, fees, and licenses incurred in
connection with rendering consulting services hereunder; and

         (b)      All travel, office, entertainment, and other costs incurred in
connection with carrying out his consulting services hereunder.

6.       PROTECTION OF CONFIDENTIAL INFORMATION. Consultant agrees with respect
to any Confidential Information received by him from UEI:

         (a)      to hold the Confidential Information in confidence and use it
only for the purposes authorized by UEI;

         (b)      to promptly return all Confidential Information received by
Consultant, regardless of media or form, to UEI at the request of UEI and to
retain no reproductions, copies, extracts or summaries of any Confidential
Information; and

         (c)      to promptly notify UEI if the Confidential Information is
required to be disclosed pursuant to any court or government action.

7.       PROPRIETARY RIGHTS.

         (a)      Consultant recognizes that UEI's organization, business and
relationship with clients, perspective clients and others having business
dealings with UEI are and will be the sole property of UEI, and Consultant shall
have no separate interests or rights with respect thereto.

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         (b)      Consultant understands that all technologies, processes and
research that was or is developed by UEI, Consultant is the sole property of
UEI. Therefore, subject to Section 7(c) below with respect to all Inventions and
Work Product made or conceived by Consultant, whether or not during the hours of
his Consulting Services conducted hereunder or with the use of UEI facilities,
materials or personnel, either solely or jointly with others, during the term of
this Agreement, and without royalty or any other consideration, Consultant
hereby assigns all Inventions and Work Product to UEI and agrees to do the
following:

                  (i) Communicate to UEI promptly and fully all Inventions made
         or conceived by Consultant (whether made or conceived solely by
         Consultant or jointly with others) during the term of this Agreement,
         (1) that relate to the business, work or investigations of UEI or of
         any companies that it owns or controls at the time the Inventions are
         created, or (2) that result from or are suggested by any work that
         Consultant has done or made for or on behalf of UEI, or (3) that are
         developed, tested, improved or investigated either in part or entirely
         on time for which Consultant was paid by UEI or using any funds,
         equipment, laboratories or other facilities of UEI.

                  (ii) Without charge to UEI, but at the request and expense of
         UEI, prepare applications for United States and/or foreign patents
         relating to Inventions as defined under Section 1(a) and prepare
         applications for copyright registrations relating to the Work Product
         as UEI may request, and assign to UEI, or its nominee, Consultant's
         entire right, title, and interest to all the Inventions, patents, Work
         Product, copyright registrations and applications relating to the
         foregoing. Consultant shall without charge to UEI, at the request and
         expense of UEI, provide assistance with, execute, acknowledge, and
         deliver any and all papers, including patent applications, and
         copyright applications, assignments, and applications for reissue, and
         do all other lawful acts, including the giving of testimony in
         proceedings in which Inventions may be involved or concerned, that UEI
         may consider necessary or proper to secure to UEI the fullest right to
         the Inventions and to patents and to copyright registrations in the
         United States and/or foreign countries covering the same, and to bring
         about the full protection of the same. Consultant agrees to perform the
         above-specified acts whether or not this Agreement is in force at the
         time UEI requests Consultant's performance.

                  In the event UEI is unable for any reason whatsoever to secure
         Consultant's signature to any lawful and necessary documents required
         to apply for, or to prosecute, any United States or foreign
         applications for a patent or copyright registration, Consultant hereby
         irrevocably designates and appoints UEI and its duly authorized
         officers and agents as its agent and attorney in fact, to act for and,
         in its behalf, to execute and file any said application and to do all
         other lawfully-permitted acts to further the prosecution and issuance
         of a patent or copyright registration based thereon. Consultant hereby
         waives and quitclaims to UEI any and all claims, of any nature
         whatsoever, that Consultant may now have or may hereafter have for
         infringement of any patent(s) or copyright registration(s) from any
         said application.

         (c)      The foregoing notwithstanding, this Section 7 shall not apply
to any Inventions of Consultant for which no equipment, supplies, facility, or
trade secret information of UEI was used

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and that was developed entirely on Consultant's own time, unless (i) the
Invention relates (1) to the business of UEI or (2) to UEI's actual or
demonstrably anticipated research or development, or (ii) the Invention results
from any work performed by Consultant for UEI.

8.       TERMINATION.

         (a)      This Agreement shall commence on the date hereof and shall
terminate automatically at the end of the Term.

         (b)      Notwithstanding the provisions of Section 8(a) above, UEI
shall have the right to terminate this Agreement immediately by delivering to
the Consultant written notice of termination in the event (i) of any attempted
transfer or assignment by Consultant of (1) the entire Agreement (whether by
operation of law or otherwise), (2) any right or obligation of Consultant
hereunder without the prior written consent of UEI, (ii) of the conviction of
Consultant of any crime that may, in UEI's sole discretion, adversely affect the
ownership, operation, management, business or interests of Consultant or UEI,
(iii) Consultant shall become insolvent, or shall request his creditors for a
moratorium, or shall enter into an assignment for the benefit of creditors or an
assignment of composition with its creditors, or (iv) Consultant violates any
provision of this Agreement.

         (c)      Upon termination of this Agreement, Consultant shall return to
UEI promptly and without charge all materials provided to the Consultant by UEI.

9.       SURVIVAL. Sections 5, 6, 7, 9, 10, 20 and 23 shall survive the
termination of this Agreement.

10.      REMEDIES. Consultant acknowledges that the covenants and agreements
that he has made in this Agreement are reasonable and are required for the
reasonable protection of UEI's business and its goodwill. Consultant agrees that
the breach of any covenant or agreement contained herein will result in
irreparable injury to UEI, and that in addition to all other remedies provided
by law or in equity with respect to the breach, UEI and its subsidiaries,
successors and assigns will be entitled to (i) withhold any payments or portion
thereof due Consultant hereunder while Consultant is in breach, and (ii) enforce
the specific performance by Consultant of Consultant's obligations hereunder and
to enjoin Consultant from engaging in any activity in violation hereof, all
without the need of posting bond or any other security, and that no claim by
Consultant against UEI or its subsidiaries, successors or assigns will
constitute a defense or bar to the specific enforcement of Consultant's
obligations. Consultant agrees that UEI, any subsidiary, successor or assign
shall be entitled to recover all costs of successfully enforcing any provision
of this Agreement, including reasonable attorneys' fees and costs of litigation
and any interest. Consultant further agrees that the withholding of any payments
or portion thereof due it by UEI pursuant to this Section 10 shall in no way be
construed as a limitation to the amount of damages sustained by UEI or to which
UEI may be entitled or as liquidated damages.

11.      PARTIAL INVALIDITY. The various covenants and provisions of this
Agreement are intended to be severable and to constitute independent and
distinct binding obligations of the parties hereto. Should any covenant or
provision of this Agreement be determined to be unenforceable, in whole or in
part, it shall not be deemed to affect or impair the validity of any other
covenant or provision or

                                       4
<PAGE>

part thereof. If the scope of any covenant, provision or part thereof contained
in this Agreement is too broad to permit enforcement to its full extent, this
covenant, provision or part thereof shall be enforced to the maximum extent
permitted by law, and the parties hereto hereby agrees that such scope may be
judicially modified accordingly.

12.      ASSIGNMENT. Consultant agrees that this Agreement may be assigned by
UEI in its entirety to any entity controlled by, or under direct or indirect
common control with, UEI and to any person to whom UEI sells its business or
assets, and that upon any such assignment, such assignee shall acquire all of
UEI's rights and obligations under this Agreement, including without limitation
the right of assignment set out in this Section 12. The rights and obligations
of Consultant hereunder, being personal in nature, may not be assigned or
delegated without the prior written consent of UEI.

13.      NO STRICT CONSTRUCTION. The language used in this Agreement will be
deemed to be the language chosen by the parties hereto to express their mutual
intent, and no rule of strict construction will be applied against any party
hereto.

14.      RELATIONSHIP OF THE PARTIES. None of the provisions of this Agreement
shall be deemed to constitute an agency or employment relationship or
partnership or joint venture between each of Consultant and UEI and neither
Consultant nor UEI shall have any authority to bind the other in any way.
Accordingly, the parties agree to the following:

         (a)      Consultant shall not be required to participate actively in
the day to day operations of UEI.

         (b)      It is expressly understood that in furnishing the Consulting
Services, neither Consultant nor any of its employees shall be an employee of
UEI but shall act solely as an independent contractor. Accordingly, UEI will not
supervise or control the manner in which Consultant performs the Consulting
Services.

         (c)      Consultant shall be fully responsible and liable for all acts
and omissions of Consultant's employees and agents.

         (d)      Neither Consultant nor any of its employees or agents shall
make any representation that it, she or he is an agent or representative of UEI
or is otherwise authorized to act for or on behalf of UEI and agrees not to
create any obligation or to assume any responsibility for UEI or attempt to bind
UEI in any manner whatsoever.

         (e)      Consultant shall indemnify and hold UEI harmless with respect
to any taxes, penalties or interest claimed by any taxing authority for failure
to withhold any income taxes from the payments to Consultant provided for under
this Agreement.

15.      NOTICE. Any notice or other communication required or permitted to be
given hereunder shall be in writing and shall be deemed to have been duly given
to any party (a) upon delivery to the address of such party specified below if
delivered in person or by courier, or if sent by certified or registered mail
(return receipt requested), postage prepaid; (b) upon dispatch if transmitted by

                                       5
<PAGE>

telecopy or other means of facsimile, in any case to the parties at the
following address(es) or telecopy number(s), as the case may be:

                  If to Consultant:
                           Jerry Bardin
                           To his last known address as shown on the book and
                           Records of UEI.

                  If to UEI:
                           Richard A. Firehammer, Jr.
                           Senior Vice President and General Counsel
                           Universal Electronics Inc.
                           8190 Carrington Place
                           Bainbridge Township, Ohio 44023
                           Facsimile No.:  (440) 708-0721
                           Telephone No.:  (440) 708-0720

or to such address(es) or telecopy number(s) as any party may designate by
written notice in the aforesaid manner.

16.      NONEXCLUSIVITY. This Agreement does not grant to Consultant any
exclusive right or privilege to provide Consulting Services to UEI of the type
contemplated herein, and UEI reserves the right to contract with other parties
for the procurement of comparable services.

17.      WAIVER OF BREACH. The waiver by any party hereto of a breach of any
provision of this Agreement by any other party shall not operate or be construed
as a waiver of any subsequent breach.

18.      ENTIRE UNDERSTANDING. This Agreement and the agreements referred to
herein constitute the entire understanding and shall not be changed, altered,
modified or discharged, except in writing consented to by all parties.

19.      BINDING EFFECT. This Agreement shall be binding upon the
administrators, legal representatives, and successors and permitted assigns of
Consultant and UEI.

20.      GOVERNING LAW. This Agreement shall be construed and enforced in
accordance with the laws of the California.

21.      COUNTERPARTS. This Agreement shall be executed in several counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one in the same agreement.

22.      AUTHORITY. Each individual signing this Agreement warrants and
represents that the individual has full power and proper authority to sign this
Agreement and to bind the Party for which the individual purports to act.

23.      VENUE AND JURISDICTION. The parties agree that all actions arising
directly or indirectly as a result or in consequence of this Agreement, shall be
instituted and litigated only in state or local

                                       6
<PAGE>

courts in California, or the federal courts for the or the Central District of
California, and each of the parties hereby consent to the exclusive jurisdiction
and venue of any such court, and waives any objection based on forum
nonconveniens. Each of the parties hereby waives personal service of any and all
process, and consents that all such service may be made by certified mail,
return receipt requested, or by an overnight courier such as Federal Express and
the like, directed to the party at the address(es) set forth herein.

         IN WITNESS WHEREOF, the parties have executed this Agreement on the
date first above written.

CONSULTANT:                            UEI:

JERRY BARDIN                           UNIVERSAL ELECTRONICS INC.

By:___________________________         By:______________________________________
   Jerry Bardin                           Robert P. Lilleness, President and COO

                                        7

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