Document:

ex10-58.htm

    EXHIBIT
10.58

     

    
      Third
Amendment

      To

      Change
of Control and Severance Benefits Agreement

      

      This
Third Amendment (the
“Third Amendment”) to Change of Control and Severance Benefits Agreement is made this 10h day
of December, 2009, by and between ImageWare Systems, Inc., a Delaware
corporation (the “Company”), on the one hand, and Charles AuBuchon, Vice
President of Sales, on the other hand (the “Executive”).  

                          

      WHEREAS, the Company and the
Executive entered into a Change of Control and Severance Benefits Agreement
dated as of October 31, 2005 which was then  subsequently amended on
September 27, 2008 and again on
April 6, 2009 (the “Severance Agreement”); and

      

      WHEREAS, the Executive
continues to perform valuable services for the Company and the Company desires
to assure itself of the continuing services of Executive; and

      

      WHEREAS, in consideration of
the foregoing and in order to amend the terms of the Agreement and to provide
for the continued services of the Executive in accordance with the present
intent of the Company and the Executive.

      

      NOW THEREFORE, in
consideration of the foregoing and for other good and valuable consideration,
receipt of which is hereby acknowledged, and in further consideration of the
mutual covenants contained in the Severance Agreement, the parties do hereby
agree that the Severance Agreement is hereby amended as follows:

      

      Section “2. Term of
Agreement”  strike the
language “continue until December 31, 2009” and replace it with “continue until
December 31, 2010”.

      

      

      

      

      _________________________________                                            _________________________________

      

      ImageWare
Systems,
Inc.                                                                           Charles
AuBuchonex10-59.htm

    EXHIBIT
10.59

     

    
      Third
Amendment

      To

      Change
of Control and Severance Benefits Agreement

      

      This
Third Amendment (the
“Third Amendment”) to Change of Control and Severance Benefits Agreement is made this 10h day
of December, 2009, by and between ImageWare Systems, Inc., a Delaware
corporation (the “Company”), on the one hand, and David Harding, Vice President
of Engineering and Chief Technical Officer, on the other hand (the “Executive”).
 

                          

      WHEREAS, the Company and the
Executive entered into a Change of Control and Severance Benefits Agreement
dated as of May 21, 2007 which was then  subsequently amended on
September 27, 2008 and again on
April 6, 2009   (the “Severance Agreement”); and

      

      WHEREAS, the Executive
continues to perform valuable services for the Company and the Company desires
to assure itself of the continuing services of Executive; and

      

      WHEREAS, in consideration of
the foregoing and in order to amend the terms of the Agreement and to provide
for the continued services of the Executive in accordance with the present
intent of the Company and the Executive.

      

      NOW THEREFORE, in
consideration of the foregoing and for other good and valuable consideration,
receipt of which is hereby acknowledged, and in further consideration of the
mutual covenants contained in the Severance Agreement, the parties do hereby
agree that the Severance Agreement is hereby amended as follows:

      

      Section “2. Term of
Agreement”  strike the
language “continue until December 31, 2009” and replace it with “continue until
December 31, 2010”.

      

      

      

      

      _________________________________                                                             _________________________________

       

      ImageWare
Systems,
Inc.                                                                                       
     David Hardingex10-60.htm

    EXHIBIT
10.60

     

    
      Third
Amendment

      to

      Employment
Agreement

      

      This
Third Amendment to Employment
Agreement (the “Third Amendment”), is being entered into effective
December 10, 2009 by and between ImageWare Systems, Inc., a Delaware corporation
(the “Company”) and Mr. S. James Miller Jr. (the “Executive”).

                          

      WHEREAS,
the Company and Executive entered into an Employment Agreement dated as of
September 27, 2005 and subsequently amended on September 27, 2008 and again on
April 6, 2009 (as amended, the “Employment Agreement”);

      

      WHEREAS, the Executive
continues to perform valuable services for the Company and the Company desires
to assure itself of the continuing services of Executive; and

      

      WHEREAS, in consideration of
the foregoing and in order to amend the terms of the Agreement and to provide
for the continued services of the Executive in accordance with the present
intent of the Company and the Executive.

      

      NOW THEREFORE, in
consideration of the foregoing and for other good and valuable consideration,
receipt of which is hereby acknowledged, and in further consideration of the
mutual covenants contained in the Employment Agreement, the parties do hereby
agree that the Employment Agreement is hereby amended as follows:

      

      
        	
                1.

              	
                Section “2. Term
      of Agreement”  strike the
      language “continue until December 31, 2009” and replace it with “continue
      until December 31, 2011”.

              

      

       

      
        	
                2.

              	
                Except
      as expressly amended herein, the Employment Agreement shall continue and
      be in full force in all respects.

              

      

       

      

      

      _________________________________                                          
_________________________________

      

      ImageWare
Systems,
Inc.                                                                           S.
James Millerex10-61.htm

    EXHIBIT
10.61

     

    
      Third
Amendment

      to

      Employment
Agreement

      

      This
Third Amendment to Employment
Agreement (the “Third Amendment”), is being entered into effective
December 10, 2009 by and between ImageWare Systems, Inc., a Delaware corporation
(the “Company”) and Mr. Wayne Wetherell (the “Executive”).

                          

      Whereas,
the Company and Executive entered into an Employment Agreement dated as of
September 27, 2005 and subsequently amended on September 27, 2008 and again on
April 6, 2009 (as amended, the “Employment Agreement”);

      

      WHEREAS, the Executive
continues to perform valuable services for the Company and the Company desires
to assure itself of the continuing services of Executive; and

      

      WHEREAS, in consideration of
the foregoing and in order to amend the terms of the Agreement and to provide
for the continued services of the Executive in accordance with the present
intent of the Company and the Executive.

      

      NOW THEREFORE, in
consideration of the foregoing and for other good and valuable consideration,
receipt of which is hereby acknowledged, and in further consideration of the
mutual covenants contained in the Employment Agreement, the parties do hereby
agree that the Employment Agreement is hereby amended as follows:

      

      
        	
                1.

              	
                Section “2. Term
      of Agreement”  strike the
      language “continue until December 31, 2009” and replace it with “continue
      until December 31, 2010”.

              

      

      

       
 

      
        	
                2.

              	
                Except
      as expressly amended herein, the Employment Agreement shall continue and
      be in full force in all respects.

              

      

      

      

       

      _________________________________                                            _________________________________

      

      ImageWare
Systems,
Inc.                                                                           Wayne
Wetherellex10-1.htm

    Exhibit 10.1

     

    
      VALENCE
TECHNOLOGY, INC.

        

      February
22, 2010

       

      Mr. Carl
E. Berg

      Berg
& Berg Enterprises, LLC

      10050
Bandley Drive

      Cupertino,
CA 95014

       

      Re: Share Purchase

       

      Dear Mr.
Berg:

      

      This
letter agreement will confirm the sale, effective as of the date set forth
above, by Valence Technology, Inc. (the “Company”) to Berg & Berg
Enterprises, LLC (“Berg & Berg”) of 1,086,957 shares (the Shares) of the
Company’s common stock at a per share price of $0.92, which represents the
closing bid price of the Company’s common stock on the NASDAQ Capital Market on
February 22, 2010, for aggregate consideration of $1,000,000.00.

       

      These
Shares were offered and sold in a transaction exempt from the registration
requirements of the Securities Act of 1933, as amended (the “Securities
Act”).  Berg & Berg understands that the Shares are “restricted
securities” and have not been registered under the Securities Act or any
applicable state securities law.  Berg & Berg is acquiring the
Shares as principal for its own account and not with a view to or for
distributing or reselling such Shares or any part thereof in violation of the
Securities Act or any applicable state securities law; has no present intention
of distributing any of such Shares in violation of the Securities Act or any
applicable state securities law; and has no direct or indirect arrangement or
understandings with any other persons to distribute or regarding the
distribution of such Shares in violation of the Securities Act or any applicable
state securities law.  Berg & Berg is an “accredited investor” as
defined under Regulation D promulgated under the Securities Act.

       

      Sincerely,

       

      VALENCE
TECHNOLOGY, INC.

       

      

      By:  
 /s/ Ross A.
Goolsby

      Ross A. Goolsby

      Chief Financial Officer

       

      ACCEPTED
AND AGREED:

       

      Berg
& Berg, LLC

       

      

      By:  /s/ Carl E.
Berg

      Carl E.
Berg

      Managing
Member

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