Document:

Offer Letter Agreement with Kenneth P. Rapuano, dated 7/10/2007

 Exhibit 10.11 
 

 
 July 10,2007 
 Kenneth P.
Rapuano 
 3202 Juniper Lane 
 Falls Church, Virginia 22044

 Dear Ken: 
 ICx Technologies, Inc (“ICx” or the
“Company”) is pleased to offer you a position as President, Homeland Security. We offer an annual base salary of $250,000, plus an incentive compensation plan targeted at 50% of your base compensation based on the achievement of milestones
by you and the Company as determined by ICx’s board of directors (it being understood that one third of your incentive compensation shall be based on the performance of the Company). 
 You will receive a $150,000 sign-on bonus within two weeks following your first day of employment. This sign-on bonus shall be returned in full to the company should you
resign or abandon your employment, or should your employment with the Company be terminated for Cause, during the six month period following the commencement of your employment with the Company. Repayment shall not be required if employment is
terminated by death or disability or by the Company without Cause. 
 You shall be granted 100,000 shares of restricted stock units (“RSUs”)
subject to approval of ICx’s board of directors. Your RSUs will vest as follows: twenty-five percent (25%) of the RSUs shall vest on the one-year anniversary of your employment with the Company, and an 1/48th of the RSUs shall vest on the
corresponding day of each month of your employment thereafter such that all RSUs shall be vested on the fourth anniversary date of your employment, subject to your continued employment on the applicable vesting dates and during the Severance Term.
All RSUs that remain unvested shall become fully vested in the event your employment is terminated by the Company without Cause at any time following a Change of Control. The RSUs shall be subject to such other terms and conditions as set forth in
the Company’s 2005 Amended and Restated Stock Plan (“Stock Plan”) and the award agreement; provided, however, in the event of any inconsistency in this letter and the Stock Plan and/or the award agreement that negatively impacts the
benefits to you under this letter, this letter shall govern. 
 You shall be entitled to participate in the health insurance and other benefit plans that the
Company maintains, for which you are eligible under the terms of such plans. You will receive 4 weeks of paid time off including vacation and sick days. 

 

 
  

 The terms of your employment with ICx are subject to any rules and regulations that shall be established by the
Company, provided no benefits in this letter shall be compromised. This offer and your employment at ICx is conditional upon your signing the ICx Technologies, Inc. At Will Employment, Confidential Information, Non-Competition, and Invention
Assignment Agreement (limited to inventions within the scope of your work and during the employment) and is subject to the satisfactory results of a drug test and background verification of your employment and educational background and a background
check of any criminal or regulatory charges that may have been filed against you. You will be required, and hereby agree, to sign a consent to such drug test and background verification and check. This offer is further conditional upon the fact that
you are not bound by any non-compete, confidentiality or other agreements with any parties, which would preclude you from fully performing your duties with ICx. 
 Employment with ICx is voluntarily entered into, and an employee is free to resign at will at any time, with or without cause. Similarly, ICx may terminate the employment relationship at will at any time, with or without notice or cause.

 If your employment is terminated by the Company other than for Cause, death or disability, and subject to your continued compliance with the ICx At Will
Employment, Confidential Information, Non-Competition, and Invention Assignment Agreement, you will be entitled to receive (i) any base salary earned but unpaid through the date of termination, (ii) a pro rata portion of any bonus you have
earned or accrued for the year in which you are terminated, and all accrued vacation, expense reimbursements and other benefits you are due through the date of termination, (iii) an amount (less applicable withholding taxes) equal to your then
current base salary at the time of termination for a period of twelve (12) months following the date of such termination (“Severance Term”), to be paid periodically in accordance with the Company’s normal payroll policies, and
(iv) continued vesting of your RSUs during the Severance Term. The Company shall, in its sole discretion, have the right to shorten the length of the Severance Term to no less than 6 months, both for salary continuation and for vesting, in
which case the Non-compete Period, as defined in the ICx At Will Employment, Confidential Information, Non-Competition, and Invention Assignment Agreement shall be commensurately shortened. 
 For purposes of this Offer Letter, “Cause” is defined as (i) an act of dishonesty by you in connection with your responsibilities as an employee of the
Company, (ii) your conviction of, or plea of nolo contendere to, any felony or misdemeanor involving fraud or dishonesty, (iii) your continued substantial violations of your employment duties after you have received a written demand for
performance from the Company setting forth the Company’s belief that you have not substantially performed your duties. Your voluntary departure due to (a) a 

 

 
  

 
material diminution of duties, (b) a required relocation to an office more than 25 miles from Washington, DC or (c) a material breach by the
Company of the terms laid out in this offer letter; shall not be deemed to be a voluntary termination or abandonment of employment by you, but instead shall be considered termination by the Company without Cause. 
 For purposes of this Offer Letter, “Change of Control” shall be defined to have the same meaning as the term “Change of Control” in the Stock Plan as
of July 1, 2007, unless such term has been subsequently changed or modified and has widespread application to every member of the executive team including the current and future CEOs, in which case the new definition shall apply to you.

 In case of termination by the Company without Cause, the non-Compete shall be limited to core competitors of the Company at the time of termination which
develop and network advanced sensors and shall specifically permit employment with government, consulting, services and other firms where (i) such employer’s business constitutes only a small overlap with the Company’s business,
(ii) there is no use of the Company’s confidential information for the benefit of any third party and (iii) adequate precautions are taken to prevent such use. We agree that, as currently constituted, Boeing, Lockheed Martin, General
Dynamics and Booz, Allen & Hamilton are not “core competitors” of the Company. 
 You will work out of our Crystal City location with a
start date of July 1, 2007. We agree that you will take five days paid vacation until and including July 9,2007. 
 If the foregoing accurately
reflects your understanding, please execute and return a copy of this letter to me. This will then constitute a binding agreement between us. In the event of any inconsistencies between the terms of this letter and the terms of any other agreements
arising in connection with your employment with ICx, including your option and employment agreements that negatively impact the benefits to you under this letter, this letter will govern. If we do not receive a signed copy of this letter back from
you by July 11, 2007 this offer will automatically expire. 
 We are looking forward to having you join us and believe you can make a great contribution
to the company. If you any questions please feel free to contact me. 
  

	
	Sincerely,
	
	

	Hans Kobler
	 Chief Executive Officer
 ICx Technologies,
Inc

 AGREED & ACCEPTED 
  

	
	 

	Kenneth P. Rapuano
	
	10 July 07
	Date

 

 
  

 ICX TECHNOLOGIES, INC. 
 AT WILL EMPLOYMENT, CONFIDENTIAL INFORMATION, 
 NON-COMPETITION AND

 INVENTION ASSIGNMENT AGREEMENT 
 As
a condition of my employment with ICX TECHNOLOGIES, INC., its subsidiaries, affiliates, successors or assigns (together the “Company”), and in consideration of my employment with the Company and my receipt of the compensation now
and hereafter paid to me by Company, I agree to the following: 
 1. At-Will Employment. 
 I UNDERSTAND AND ACKNOWLEDGE THAT MY EMPLOYMENT WITH THE COMPANY IS FOR AN UNSPECIFIED DURATION AND CONSTITUTES “AT-WILL” EMPLOYMENT. I ALSO UNDERSTAND THAT ANY
REPRESENTATION TO THE CONTRARY IS UNAUTHORIZED AND NOT VALID UNLESS OBTAINED IN WRITING AND SIGNED BY THE PRESIDENT OF THE COMPANY. I ACKNOWLEDGE THAT THIS EMPLOYMENT RELATIONSHIP MAY BE TERMINATED AT ANY TIME, WITH OR WITHOUT GOOD CAUSE OR FOR ANY
OR NO CAUSE, AT THE OPTION EITHER OF THE COMPANY OR MYSELF, WITH OR WITHOUT NOTICE. 
 2. Confidential Information. 
 (a) Company Information. I agree at all times during the term of my employment and thereafter, to hold in strictest confidence, and not to use,
except for the benefit of the Company to fulfill my employment obligations, or to disclose to any person, firm or corporation without written authorization of the Board of Directors of the Company, any Confidential Information of the Company. I
understand that “Confidential Information” means any non-public information that relates to the actual or anticipated business or research and development of the Company, technical data, trade secrets or know-how, including, but not
limited to, research, product plans or other information regarding Company’s products or services and markets therefore, customer lists and customers (including, but not limited to, customers of the Company on whom I called or with whom I
became acquainted during the term of my employment), software, developments, inventions, processes, formulas, technology, designs, drawings, engineering, hardware configuration information, marketing, finances or other business information. I
further understand that Confidential Information does not include any of the foregoing items which have become publicly known and made generally available through no wrongful act of mine or of others who were under confidentiality obligations as to
the item or items involved or improvements or new versions thereof. 

 

 
  

 (b) Former Employer Information. I agree that I will not, during my employment with the
Company, improperly use or disclose any proprietary information or trade secrets of any former or concurrent employer or other person or entity and that I will not bring onto the premises of the Company any unpublished document or proprietary
information belonging to any such employer, person or entity unless consented to in writing by such employer, person or entity. 
 (c) Third
Party Information. I recognize that the Company has received and in the future will receive from third parties their confidential or proprietary information subject to a duty on the Company’s part to maintain the confidentiality of such
information and to use it only for certain limited purposes. I agree to hold all such confidential or proprietary information in the strictest confidence and not to disclose it to any person, firm or corporation or to use it except as necessary in
carrying out my work for the Company consistent with the Company’s agreement with such third party. 
 3. Inventions. 

(a) Inventions Retained and Licensed. I have attached hereto, as Exhibit A, a list describing all inventions, original works of
authorship, developments, improvements, and trade secrets which were made by me prior to my employment with the Company (collectively referred to as “Prior Inventions”), which belong to me, which relate to the Company’s
proposed business, products or research and development, and which are not assigned to the Company hereunder; or, if no such list is attached, I represent that there are no such Prior Inventions. If in the course of my employment with the Company, I
incorporate into a Company product, process or service a Prior Invention owned by me or in which I have an interest, I hereby grant to the Company a nonexclusive, royalty-free, fully paid-up, irrevocable, perpetual, worldwide license to make, have
made, modify, use and sell such Prior Invention as part of or in connection with such product, process or service, and to practice any method related thereto. 
 (b) Assignment of Inventions. I agree that I will promptly make full written disclosure to the Company, will hold in trust for the sole right and benefit of the Company, and hereby assign to the Company, or its
designee, all my right, title, and interest in and to any and all inventions, original works of authorship, developments, concepts, improvements, designs, discoveries, ideas, trademarks or trade secrets, whether or not patentable or registrable
under copyright or similar laws, which I may solely or jointly conceive or develop or reduce to practice, or cause to be conceived or developed or reduced to practice, and are related to the scope of the Company, or are developed on company time or
with the use of the Company’s facilities, during the period of my employment with the Company (collectively referred to as “Inventions”). I further acknowledge that all original works of authorship which are made by me (solely
or jointly with others) 

 

 
  

 
within the scope of and during the period of my employment with the Company and which are protectible by copyright are “works made for hire,” as
that term is defined in the United States Copyright Act. I understand and agree that the decision whether or not to commercialize or market any invention developed by me solely or jointly with others is within the Company’s sole discretion and
for the Company’s sole benefit and that no royalty will be due to me as a result of the Company’s efforts to commercialize or market any such invention. 
 (c) Inventions Assigned to the United States. I agree to assign to the United States government all my right, title, and interest in and to any and all Inventions whenever such full title is required to be in
the United States by a contract between the Company and the United States or any of its agencies. 
 (d) Maintenance of Records. I
agree to keep and maintain reasonable and current written records of all Inventions made by me (solely or jointly with others) during the term of my employment with the Company. The records will be in the form of notes, sketches, drawings, and any
other format that may be specified by the Company. The records will be available to and remain the sole property of the Company at all times. 
 (e) Patent and Copyright Registrations. I agree to assist the Company, or its designee, at the Company’s expense, in every proper way to secure the Company’s rights in the Inventions and any copyrights, patents, mask work
rights or other intellectual property rights relating thereto in any and all countries, including the disclosure to the Company of all pertinent information and data with respect thereto, the execution of all applications, specifications, oaths,
assignments and all other instruments which the Company shall deem necessary in order to apply for and obtain such rights and in order to assign and convey to the Company, its successors, assigns, and nominees the sole and exclusive rights, title
and interest in and to such Inventions, and any copyrights, patents, mask work rights or other intellectual property rights relating thereto. I further agree that my obligation to execute or cause to be executed, when it is in my power to do so, any
such instrument or papers shall continue after the termination of this Agreement. If the Company is unable because of my mental or physical incapacity or for any other reason to secure my signature to apply for or to pursue any application for any
United States or foreign patents or copyright registrations covering Inventions or original works of authorship assigned to the Company as above, then I hereby irrevocably designate and appoint the Company and its duly authorized officers and agents
as my agent and attorney in fact, to act for and in my behalf and stead to execute and file any such applications and to do all other lawfully permitted acts to further the prosecution and issuance of letters patent or copyright registrations
thereon with the same legal force and effect as if executed by me. 

 

 
  

 4. Conflicting Employment. 
 I agree that, during the term of my employment with the Company, I will not engage in any other employment, occupation or consulting for any direct or indirect remuneration, nor will I engage in any other activities
that conflict with my obligations to the Company without the prior written approval of the Board. 
 5. Returning Company Documents. I
agree that, at the time of leaving the employ of the Company, I will deliver to the Company (and will not keep in my possession, recreate or deliver to anyone else) any and all devices, records, data, notes, reports, proposals, lists,
correspondence, specifications, drawings blueprints, sketches, materials, equipment, other documents or property, or reproductions of any aforementioned items in my possession or control developed by me pursuant to my employment with the Company or
otherwise belonging to the Company, its successors or assigns, including, without limitation, those records maintained pursuant to Section 3(d). In the event of the termination of my employment, I agree to sign and deliver the
“Termination Certification” attached hereto as Exhibit B. 
 6. Notification of New Employer. In the event that I
leave the employ of the Company, I hereby grant consent to notification by the Company to my new employer about my rights and obligations under this Agreement. 
 7. Nonsolicitation. I agree that for a period of twelve (12) months immediately following the termination of my employment relationship with the Company for any reason, whether with or without cause, I
shall not either directly or indirectly hire any employees of the Company or solicit, induce, recruit or encourage any of the Company’s employees to leave their employment, or take away such employees, or attempt to solicit, induce, recruit,
encourage or take away employees of the Company, either for myself or for any other person or entity. I also agree that for a period of twelve (12) months immediately following the termination of my employment relationship with the Company for
any reason, I will not directly or indirectly solicit, divert or accept business from, or otherwise take away or interfere with, any customer or vendor of the Company, including any person or entity who was a customer or whose business was being
pursued by the Company on or prior to the date upon which my employment relationship with the Company terminated. 
 8. Conflict of
Interest Guidelines. I agree to diligently adhere to the Conflict of Interest Guidelines attached as Exhibit C hereto. 
 9.
Noncompete Agreement. 
 (a) During the term of my employment with the Company and period of twelve (12) months immediately
following the termination of my employment relationship with the Company for any reason or any other amount of time as determined by the Company in accordance with the terms of my Employment Agreement thereafter (the “Noncompete
Period”), I will not, directly or indirectly, for myself or any third party other than on behalf of the Company, without the prior written consent of the Company: 
 (i) engage in the “Geographic Area” (as defined below) as an employee, agent, consultant, advisor, independent contractor, proprietor, partner,
officer, director, or otherwise of; 

 

 
  

 (ii) have any ownership interest (except for passive ownership of one percent (1%) or less) in
any entity whose securities have been registered under the Securities Act of 1933 or Section 12 of the Securities Exchange Act of 1934 or the securities laws of any other jurisdiction of the United States; or 
 (iii) participate in the financing, operation, management, or control of, any firm, partnership, corporation, entity, or business that engages or
participates in a “competing business purpose.” The term “competing business purpose” shall mean a business that offers any product or service that competes with a product or service (i) provided by the Company to
customers or (ii) that the Company is developing, during the period of my employment with the Company. 
 (b) The “Geographic
Area” shall mean anywhere in the world where Company conducts business. 
 (c) The covenants contained in the preceding paragraphs
of this section shall be construed as a series of separate covenants, one for each county, city, state, or any similar subdivision in any Geographic Area. Except for geographic coverage, each such separate covenant shall be deemed identical in terms
to the covenant contained in the preceding paragraphs. If, in any judicial proceeding, a court refuses to enforce any of such separate covenants (or any part thereof), then such unenforceable covenant (or such part) shall be eliminated from this
Agreement to the extent permitted by law and necessary to permit the remaining separate covenants (or portions thereof) to be enforced. In the event that the provisions of this section are deemed to exceed the time, geographic or scope limitations
permitted by applicable law, then such provisions shall be, to the extent permitted by law, reformed to the maximum time, geographic or scope limitations, as the case may be, permitted by applicable laws. 
 (d) I also acknowledge that the limitations of time, geography and scope of activity agreed to in this noncompete agreement are reasonable because, among
other things, (i) the Company is engaged in a highly competitive industry, (ii) I will have access to trade secrets and know-how of the Company, (iii) I will be able to obtain suitable and satisfactory employment without violation of
this agreement, and (iv) these limitations are necessary to protect the trade secrets, confidential information and goodwill of the Company. 

 

 
  

 (e) I agree that it would be impossible or inadequate to measure and calculate the Company’s
damages from any breach of the covenants set forth in this section entitled “Noncompete Agreement.” Accordingly, I agree that if I breach any provision of this section, the Company will have available, in addition to any other right or
remedy otherwise available, the right to obtain an injunction from a court of competent jurisdiction restraining such breach or threatened breach and to specific performance of any such provision of this agreement. I further agree that no bond or
other security shall be required in obtaining such equitable relief, nor will proof of actual damages be required for such equitable relief. I hereby expressly consent to the issuance of such injunction and to the ordering of such specific
performance. 
 10. Representations. I agree to execute any proper oath or verify any proper document required to carry out the terms
of this Agreement. I represent that my performance of all the terms of this Agreement will not breach any agreement to keep in confidence proprietary information acquired by me in confidence or in trust prior to my employment by the Company. I
hereby represent and warrant that I have not entered into, and I will not enter into, any oral or written agreement in conflict herewith. 
 11. Consent to Jurisdiction, Waiver of Jury Trial. 
 (a) General. In consideration of my service to the Company, its
promise to arbitrate all employment related disputes, and my receipt of the compensation and other benefits paid to me by the Company, at present and in the future, I agree that any and all controversies, claims, or disputes with the Company or any
of its employees, officers, directors, stockholders or benefit plans of the Company in their capacity as such or otherwise arising out of, relating to, or resulting from my service to the Company under this Agreement or otherwise or the termination
of my service with the Company, including any breach of this Agreement, shall be subject to binding arbitration under the arbitration rules set forth by the Judicial Arbitration and Mediation Services (“JAMS”) for the resolution of
employment disputes and pursuant to Virginia law, which shall be held in Fairfax County, Virginia. Disputes which I agree to arbitrate, and thereby agree to waive any right to a trial by jury, include, to the extent permissible by law, any statutory
claims under state or federal law, including, but not limited to, claims under Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act of 1990, the Age Discrimination in Employment Act of 1967, the Older Workers Benefit
Protection Act, the Virginia Human Rights Act, the Virginia Minimum Wage Act, claims of harassment, discrimination or wrongful termination and any statutory claims. I further understand that this Agreement to arbitrate also applies to any disputes
that the Company may have with me. 
 (b) Procedure. Any arbitration will be administered by JAMS and a neutral arbitrator will be
selected in a manner consistent with its Employment 

 

 
  

 
Arbitration Rules and Procedures. The arbitration proceedings will allow for discovery according to the rules set forth in the Employment Arbitration Rules
and Procedures. The arbitrator shall have the power to decide any motions brought by any party to the arbitration, including motions for summary judgment and/or adjudication and motions to dismiss and demurrers, prior to any arbitration hearing. The
arbitrator shall issue a written decision including findings of fact and conclusions of law on the merits of its award. The arbitrator shall have the power to award any remedies, including attorneys’ fees and costs to the prevailing party
unless prohibited by law. To the extent permitted by law, the Company and I shall each pay one-half of the costs and expenses of such arbitration, with each party paying separately their respective counsel fees and expenses. The arbitrator shall
administer and conduct any arbitration in a manner consistent with the Employment Arbitration Rules and Procedures of JAMS. 
 (c) Remedy.
Arbitration shall be the sole, exclusive and final remedy for any dispute between me and the Company. Accordingly, except as otherwise provided herein, neither I nor the Company will be permitted to pursue court action regarding claims that are
subject to arbitration. Notwithstanding, the arbitrator will not have the authority to disregard or refuse to enforce any lawful Company policy, and the arbitrator shall not order or require the Company to adopt a policy not otherwise required by
law, which the Company has not adopted. 
 (d). 
 12. General Provisions. 
 (a) Governing Law; Consent to Personal Jurisdiction. This Agreement
will be governed by the laws of the Commonwealth of Virginia. To the extent that a lawsuit is permitted under this Agreement, I hereby expressly consent to the personal jurisdiction of the state and federal courts located in Fairfax County,
Commonwealth of Virginia for any lawsuit filed there against me by the Company arising from or relating to this Agreement. 
 (b) Entire
Agreement. This Agreement and the offer letter entered into in connection herewith sets forth the entire agreement and understanding between the Company and me relating to the subject matter herein and supersedes all prior discussions or
representations between us including, but not limited to, any representations made during my interview(s) or relocation negotiations, whether written or oral. No modification of or amendment to this Agreement, nor any waiver of any rights under this
Agreement, will be effective unless in writing signed by the President of the Company and me. Any subsequent change or changes in my duties, salary or compensation will not affect the validity or scope of this Agreement. 

 

 
  

 (c) Severability. If one or more of the provisions in this Agreement are deemed void by law,
then the remaining provisions will continue in full force and effect. 
 (d) Successors and Assigns. This Agreement will be binding
upon my heirs, executors, administrators and other legal representatives and will be for the benefit of the Company, its successors, and its assigns. The Company shall have the right to assign its rights and obligations under this Agreement to any
affiliate. 
 (signature page follows) 

 

 
  

					
	Date: 10 July 07	 		 	 

		 		 	Signature
			
		 		 	 KENNETH RAPUANO

		 		 	Name of Employee (typed or printed)
			
	Witness:	 		 	
			
	 

	 		 	
	Signature	 		 	
			
	  
	 		 	
	Name (typed or printed)	 		 	

 

 
  

 Exhibit A 
 LIST OF PRIOR INVENTIONS 
 AND ORIGINAL WORKS OF AUTHORSHIP 
  

					
	 Title
	 	 Date
	 	 Identifying Number or Brief Description

  
 ü No inventions or improvements 
      Additional Sheets Attached 
  
  

			
	Signature of Employee:	 	 

			
		
	Print Name of Employee:	 	KENNETH RAPUANO

			
		
	Date:	 	10 July 07

 

 
  

 Exhibit B 
 ICX TECHNOLOGIES, INC. 
 TERMINATION CERTIFICATION 
 This is to certify that I do not have in my possession, nor have I failed to return, any devices, records, data, notes, reports, proposals, lists, correspondence,
specifications, drawings, blueprints, sketches, materials, equipment, other documents or property, or reproductions of any aforementioned items belonging to ICX TECHNOLOGIES, INC., its subsidiaries, affiliates, successors or assigns (together, the
“Company”). 
 I further certify that I have complied with all the terms of the Company’s At Will Employment, Confidential Information,
Non-Competition, and Invention Assignment Agreement signed by me, including the reporting of any inventions and original works of authorship (as defined therein), conceived or made by me (solely or jointly with others) covered by that agreement.

 I further agree that, in compliance with the At Will Employment, Confidential Information, Non-Competition, and Invention Assignment, I will preserve as
confidential all trade secrets, confidential knowledge, data or other proprietary information relating to products, processes, know-how, designs, formulas, developmental or experimental work, computer programs, data bases, other original works of
authorship, customer lists, business plans, financial information or other subject matter pertaining to any business of the Company or any of its employees, clients, consultants or licensees. 
 I further agree that for twelve (12) months from this date, I will not hire any employee of the Company and I will not solicit, induce, recruit or encourage any of
the Company’s employees to leave their employment. 
 Date: 10 July 07 
  

	
	 

	(Employee’s Signature)
	
	 KENNETH RAPUANO

	(Type/Print Employee’s Name)

 

 
  

 Exhibit C 
 ICX TECHNOLOGIES, INC. 
 It is the policy of ICX TECHNOLOGIES, INC. (the “Company”) to conduct its affairs
in strict compliance with the letter and spirit of the law and to adhere to the highest principles of business ethics. Accordingly, all officers, employees and independent contractors must avoid activities which are in conflict, or give the
appearance of being in conflict, with these principles and with the interests of the Company. The following are potentially compromising situations which must be avoided. Any exceptions must be reported to the President and written approval for
continuation must be obtained. 
 1. Revealing confidential information to outsiders or misusing confidential information. Unauthorized divulging of
information is a violation of this policy whether or not for personal gain and whether or not harm to the Company is intended. (The At Will Employment, Confidential Information, Non-Competition, and Invention Assignment elaborates on this principle
and is a binding agreement.) 
 2. Accepting or offering substantial gifts, excessive entertainment, favors or payments which may be deemed to constitute
undue influence or otherwise be improper or embarrassing to the Company. 
 3. Participating in civic or professional organizations that might involve
divulging confidential information of the Company. 
 4. Initiating or approving personnel actions affecting reward or punishment of employees or applicants
where there is a family relationship or is or appears to be a personal or social involvement. 
 5. Initiating or approving any form of personal or social
harassment of employees. 
 6. Investing or holding outside directorship in suppliers, customers, or competing companies, including financial speculations,
where such investment or directorship might influence in any manner a decision or course of action of the Company other than an investment of less than 1% of a public company. 
 7. Borrowing from or lending to employees, customers or suppliers. 
 8. Acquiring real estate of interest to the Company.

 9. Improperly using or disclosing to the Company any proprietary information or trade secrets of any former or concurrent employer or other person or
entity with whom obligations of confidentiality exist. 
 10. Unlawfully discussing prices, costs, customers, sales or markets with competing companies or
their employees. 
 11. Making any unlawful agreement with distributors with respect to prices. 
 12. Improperly using or authorizing the use of any inventions which are the subject of patent claims of any other person or entity. 
 13. Engaging in any conduct which is not in the best interest of the Company. Each officer, employee and independent contractor must take every necessary action to
ensure compliance with these guidelines and to bring problem areas to the attention of higher management for review. Violations of this conflict of interest policy may result in discharge without warning.Termination Agreement between ICx Tech, Inc and Ronald Spoehel, dated 6/30/2006

 Exhibit 10.12 
 AGREEMENT 
 AGREEMENT (this “Agreement”), dated as of June 30, 2006, by and
between Ronald R. Spoehel, a resident of the Commonwealth of Virginia (“Spoehel”), and ICX Technologies, Inc., a Delaware corporation. As used in this Agreement, unless the context indicates otherwise, the term “ICX” shall
be deemed to refer to ICX Technologies, Inc. and each and every one of its affiliated entities. 
 WITNESSETH 
 WHEREAS, Spoehel presently serves as a member of the Board of Directors and Executive Vice President and Chief Financial Officer of ICX Technologies,
Inc. and as a director and officer of certain subsidiaries and affiliates of ICX Technologies, Inc.; and 
 WHEREAS, Spoehel and ICX
Technologies, Inc. are parties to an Executive Employment Agreement dated September 9, 2005, including related option and other agreements referred to therein or entered into pursuant thereto (collectively, the “Executive
Agreements”); and 
 WHEREAS, Spoehel and ICX wish consensually to terminate the Executive Agreements and sever the employment
relationship between Spoehel and ICX. 

 NOW, THEREFORE, in consideration of the premises and the mutual covenants and promises hereinafter
provided and of the actions taken pursuant thereto, the parties agree as follows: 
 1. Effective Date. This Agreement shall be
effective as of June 27, 2006 (the “Effective Date”) subject to (a) its execution by the parties hereto, and (b) it becoming null and void ab initio if Spoehel revokes it during the Revocation Period.

 2. Termination of Executive Agreements. As of the Effective Date, the Executive Agreements shall be deemed terminated and shall
have no further force or effect. Spoehel and ICX agree that there are no existing defaults by either party under the Executive Agreements and that, as of the Effective Date, each party had fully performed all of its obligations to the other party
under the Executive Agreements. 
 3. Resignation and Termination of Existing Employment Relationship. As of the Effective Date,
Spoehel shall be deemed to have resigned from his position as an employee of ICX, from all corporate offices and the Board of Directors of ICX, and from all offices and directorships of ICX’s subsidiaries, joint ventures, and affiliated
companies, organizations and entities. Spoehel’s employment by ICX shall be deemed to have terminated for any and all purposes as of 11:59 p.m. on June 27, 2006. 
 4. Records and Bank Accounts. As soon as practicable (but not later than 30 days) after the Effective Date, ICX shall take such steps as may be
necessary to (a) reflect in the corporate records of ICX, its subsidiaries, joint ventures, and affiliated companies, organizations and entities that Spoehel has resigned as an officer and director of ICX and as an officer and director of
ICX’s subsidiaries, joint ventures, and affiliated companies, organizations and entities; and (b) remove Spoehel as an authorized signatory on all corporate bank accounts. 
  

 2 

 5. Severance Payment. ICX will pay Spoehel, by wire transfer as directed by Spoehel, the lump sum
of $125,000.00 as a severance benefit within two (2) business days after the expiration of the Revocation Period, provided that Spoehel has not exercised his right to revoke this Agreement, subject to mandatory payroll tax deductions in
accordance with Spoehel’s elections. 
 6. Health and Welfare Benefits. Spoehel may elect (and shall be deemed to have elected)
to continue his family health and welfare benefits provided through ICX to the extent permitted by Federal COBRA laws in effect on the Effective Date. For purposes of COBRA compliance, the date on which Spoehel’s health and dental benefits
terminate shall be the Effective Date. Any life, accidental death and disability and long-term disability benefits will terminate on the Effective Date. 
 7. Options. As of the Effective Date, Spoehel has 254,596 vested options to purchase stock of ICX (the “Options”) and no other vested rights or options to purchase stock of ICX. Within two
(2) business days after the expiration of the Revocation Period, ICX shall repurchase from Spoehel, the Options for $1 per Option, for a total of $254,596.00, by wiring such sum to an account designated in writing by Spoehel less any applicable
mandatory payroll tax deductions in accordance with Spoehel’s elections. Upon payment of such funds, the Options shall be deemed cancelled, null and void, and Spoehel shall no longer have any interest in the Options. Spoehel agrees that, as of
the Effective Date, (i) he no longer has any interests, benefits or rights under the ICX 2005 Stock Plan or under any other agreement or plan with respect to stock or options to purchase stock of ICX, (ii) and any all stock option
agreements are deemed terminated and superseded by this Agreement with respect to him, and (iii) all of his unvested options to purchase stock of ICX are forfeited. 
  

 3 

 8. Indemnification and Insurance. 
 (a) ICX acknowledges that its Certificate of Incorporation and By-Laws and the charters and by-laws of certain of its direct and indirect subsidiaries
include provisions designed to provide to former officers and directors indemnification in respect of threatened and commenced actions, suits and proceedings in which an individual is a party or is threatened to be made a party by reason of the fact
that he is or was an officer or director of ICX or such subsidiaries. ICX shall, and shall cause such subsidiaries to, continue to provide indemnification to Spoehel under such provisions to the maximum extent permitted by applicable law.

 (b) So long as ICX maintains directors’ and officers’ liability insurance coverage, Spoehel shall be covered by such insurance,
with respect to his tenure with ICX, on the same terms as other existing and former officers and directors. 
 9. Statements Concerning
Spoehel’s Resignation. Spoehel and ICX agree that, in response to inquiries concerning the reasons for Spoehel’s resignation, the statement attached hereto as Exhibit A shall be used by ICX and its employees, officers and directors.

 10. Employment References. Nothing in this Agreement shall prevent either party from stating the fact that Spoehel was employed by
ICX, the address of his work location, the dates of his employment, his job titles and job duties, his rate of pay, or that he resigned from his position as an officer of ICX on or about the Effective Date. ICX will provide employment references
upon Spoehel’s request on the condition that Spoehel submit a standard ICX employment reference notice and release. 
  

 4 

 11. Proprietary Information and Business and Personal Property. 
 (a) Spoehel will not directly or indirectly use or disclose any confidential or proprietary information or trade secrets concerning ICX or its affiliates,
businesses, products or employees to any person, provided, however, that such information may by disclosed pursuant to court order or as a result of a valid order, subpoena or discovery request (but prior to any such disclosure Spoehel will provide
ICX with written notice of the same sufficiently in advance of the required disclosure date to allow ICX to lodge appropriate objections or make appropriate motions with respect to such disclosure). The immediately preceding sentence shall not apply
to information: (i) which has been disclosed to Spoehel or to a third party by a person not under a duty of confidentiality with respect to that information or (ii) which later enters the public domain through no fault or breach of duty by
Spoehel. 
 (b) Spoehel shall have no ownership interest in any records, files, information, documents, or the like that belong to ICX or its
affiliates which Spoehel has used, prepared or come into contact with during his employment by ICX, and Spoehel shall not remove written copies thereof from the premises of ICX or any of its affiliates without ICX’s written consent. Within
three (3) business days after the Effective Date, Spoehel shall have returned to ICX all ICX property that Spoehel has in his possession. 
 (c) Spoehel has utilized one or more personal computers in connection with his activities on behalf of ICX. Not later than the Effective Date, Spoehel will delete from all of his personal computers all confidential and all information
belonging, or relating, to ICX. 
  

 5 

 12. No Solicitation, Hiring or Assisting of Employees. For a period of one year after the
Effective Date, Spoehel will not, for his own benefit or for the benefit of any person or entity other than ICX, directly or indirectly (a) hire, solicit, recruit, employ, retain or engage any officer, director, executive, individual consultant
or employee of ICX, (b) encourage any officer, director, executive, consultant or employee of ICX to terminate his or her employment or consultancy, or (c) assist any officer, director, executive, individual consultant or employee of ICX
in searching for or obtaining employment other than with ICX, except for job references given in the ordinary course of business. 
 13.
No Disparaging Statements. Each of ICX and Spoehel agree that, neither shall denigrate, disparage, or criticize the other, or its officers, directors, affiliates, agents and/or employees, provided that this agreement shall not be applicable
to any statement required in any legal proceeding or investigation. 
 14. Confidentiality of Agreement. Except as required by law or
as necessary to fulfill the terms of this Agreement or the General Releases incorporated herein, or in connection with a party’s family, business, legal or tax affairs (in which case disclosure shall be on a confidential basis to the extent
practicable), the parties shall not disclose the terms or provisions of this Agreement or such General Release to any person or entity (including employees of ICX who do not have a need to know the terms of this Agreement), except as required by
law. 
 15. No Admissions. Nothing contained in this Agreement or the General Releases incorporated herein shall be considered an
admission by either party of any wrongdoing under any Federal, state or local statute, public policy, tort law, contract law, common law or otherwise. 
  

 6 

 16. No Third Party Claims. Each party represents and warrants that no other person or entity has,
or to the best knowledge of such party claims, any interest in any potential claims, demands, causes of action, obligations, damages or suits released pursuant to this Agreement; that it or he is the owner of all other claims, demands, causes of
action, obligations, damages or suits so released; that it or he has full and complete authority to execute this Agreement; and that it or he has not sold, assigned, transferred, conveyed or otherwise disposed of any claim, demand, cause of action,
obligation or liability subject to this Agreement and the General Releases contemplated hereby. 
 17. Releases. Spoehel agrees and
acknowledges that the consideration received by him for this Agreement and the General Release attached hereto as Exhibit B and incorporated herein (the “Spoehel Release”), and for the execution hereof and thereof, shall constitute full
payment, satisfaction, discharge, compromise and release of and from all matters for which he is providing a release herein and in such General Release. ICX agrees and acknowledges that the consideration received by it for this Agreement and the
Limited Release attached hereto as Exhibit C and incorporated herein (the “ICX Release), and for the execution hereof and thereof, shall constitute full payment, satisfaction, discharge, compromise and release of and from all matters for which
it is providing a release herein and in such Limited Release. 
 18. Expenses. Each party shall pay its own costs incident to the
negotiation, preparation, performance, execution, and enforcement of this Agreement, and all fees and expenses of its or his counsel, accountants, and other consultants, advisors and representatives for all activities of such persons undertaken in
connection with this Agreement. 
  

 7 

 19. No Third Party Beneficiaries. Except as expressly stated herein, the parties do not intend to
make any person or entity who is not a party to this Agreement a beneficiary hereof, and this Agreement should not be construed as being made for the benefit of any person or entity not expressly provided for herein. 
 20. Advice of Counsel. The parties acknowledge that they have been advised by competent legal counsel in connection with the execution of this
Agreement, that they have read each and every paragraph of this Agreement and that they understand their respective rights and obligations. Spoehel declares that he has completely read this Agreement fully understands its terms and contents, and
freely, voluntarily and without coercion enters into this Agreement. 
 21. Entire Agreement. This Agreement constitutes the entire
agreement of the parties with respect to the subject matter hereof, and all prior negotiations and representations are merged herein or replaced hereby. No amendments or modifications of the terms of this Agreement shall be valid unless made in
writing which specifically states that it is intended to amend or modify a provision hereof and is signed by all of the parties hereto. 
 22. Severability. If any provision of this Agreement is held illegal, invalid or unenforceable, such illegality, invalidity, or unenforceability shall not affect any other provision hereof. Any such provision and the remainder of
this Agreement shall, in such circumstances, be deemed modified to the extent necessary to render enforceable the remaining provisions hereof. 
 23. Governing Law. This Agreement shall be construed and enforced in accordance with the internal laws (excluding conflict of laws rules and principles) of the State of New York. 
  

 8 

 24. Releases and Effectiveness. This Agreement and the Spoehel Release which is incorporated
herein by reference, have been executed by Spoehel on the dates shown opposite his signatures below, and this Agreement and the Spoehel Release are effective as of the Effective Date. The Agreement and the ICX Release which is incorporated herein by
reference, have been executed by ICX on the dates shown opposite its signatures below, and this Agreement and the ICX Release are effective as of the Effective Date. 
 25. Revocation Period. Once Spoehel signs this Agreement, he shall have 7 days to revoke it. Spoehel may exercise this right of revocation by delivering a written notice of revocation within the 7-day
revocation period (the “Revocation Period”) to ICX in accordance with paragraph 26 below. This Agreement, the Spoehel Release and the ICX Release shall become null and void ab initio if Spoehel revokes this Agreement during the
Revocation Period. 
 26. Notices. All notices, requests and other communications under this Agreement will be in writing (including
facsimile or similar writing) and shall be sent by hand delivery, overnight express carrier or facsimile transmission to the parties at the following addresses or such other addresses as the parties may later designate in writing: 
 To ICX: 
 ICx Technologies, Inc. 
 411 West Putnam Avenue 
 Greenwich, CT 06830

 Attn: Hans Kobler 
 Fax No.:
203-862-7040 
 And 
 Attn:
Arthur Amron 
 Fax No.: 203-862-7312 
  

 9 

 To Spoehel: 
 Ronald R. Spoehel 
 1210 Windrock Drive 
 McLean, VA 22102 
 Fax No.: 703-442-3806 
 And 
 Squire Sanders & Dempsey LLP

 8000 Towers Crescent Drive 
 14th
Floor 
 Vienna, VA 22182-2700 
 Attn: James J. Maiwurm 
 Fax No.: 703-720-7801 
 Each such notice, request or other communication will be effective only when received by the receiving party. 
 27.
Counterparts. This Agreement may be executed in counterparts, all of which shall be considered one and the same agreement, and shall become effective on the Effective Date. 
 IN WITNESS WHEREOF, Ronald R. Spoehel and ICX Technologies, Inc. have executed this Agreement. 
  

					
	ICX TECHNOLOGIES, INC.	  	RONALD R. SPOEHEL
			
	By:	 	 [ILLEGIBLE]
	  	 /s/ Ronald R. Spoehel

		 	Its Duly Authorized Representative	  	Ronald R. Spoehel
			
	Dated:	 	June 29, 2006	  	Dated: June 29, 2006

  

 10 

 EXHIBIT A 
 STATEMENT 
 Mr. Spoehel decided to resign from ICX in light of the company’s desire to
consolidate headquarters activities in the New York area. Mr. Spoehel was reluctant to relocate his young family to the New York area at this time. 
  

 EXHIBIT B 
 GENERAL RELEASE 
 I, RONALD R. SPOEHEL, on behalf of myself and my heirs, successors, agents,
executors, administrators, attorneys and assigns, in consideration of the terms of the Agreement effective as of June 27, 2006 by and between ICX Technologies, Inc. (“ICX”) and myself (the “Agreement”) and the execution of a
Limited Release (“Release”) by ICX, with effect as of June 27, 2006 hereby release and forever discharge ICX and any and all of its present, former and future direct and indirect affiliates, subsidiaries, departments, officers,
directors, employees, representatives, agents, attorneys, successors and assigns, from any and all claims, rights and causes of action (whether known or unknown, accrued or unaccrued) which I have or may in the future have against them based on
facts and circumstances existing on or prior to the date hereof, in law or equity, relating to or arising under: Federal, Virginia, or other state or local law; any employment contract; any employment statute or regulation; any employment
discrimination law, including but not limited to Title VII of the Civil Rights Act of 1964, as amended, and the Age Discrimination in Employment Act of 1967, as amended; the Employee Retirement Income Security Act of 1974, as amended; any other
Federal, state, or local civil rights, pension or labor law; contract law; tort law; and common law, including but not limited to (a) any claim arising out of or relating in any manner to my Executive Employment Agreement with ICX dated as of
September 9, 2005; (b) any claim arising out of or relating to any options, whether vested or unvested, to purchase stock of ICX or any claim arising out of or relating to any stock option agreement of or relating to ICX, or (c) any
claim for arising out of or relating to my employment with ICX, including any claim for wrongful discharge, constructive discharge, unintentional or intentional torts, or misrepresentation or infliction of emotional distress; provided,
however, that 
  

 I do not hereby release ICX from any of its obligations under the Agreement or from vested obligations under any ICX
benefit plans in which Spoehel participates. For purposes of this Release, ICX shall be deemed to include each and every one of its affiliated entities described in the Agreement. 
 I further agree not to sue or otherwise institute or cause to be instituted or in any way voluntarily participate in the prosecution of any complaints or
charges against any persons or entities released herein in any Federal, state, or other court, administrative agency or other forum concerning any claims released herein. 
 Except as required by law or as necessary to fulfill the terms of the Agreement or this Release, or as necessary in connection with personal business, legal or tax affairs (in which case disclosure shall be on a
confidential basis to the extent practicable), I agree not to disclose the terms or provisions of this Release to any person or entity (including employees of ICX). 
 I understand and agree that nothing contained in this Release is to be considered an admission by ICX of any wrongdoing under any Federal, state, or local statute, public policy, tort law, contract law, or common law.

 I acknowledge that I have been advised to consult with an attorney prior to executing this Release. I further acknowledge that I have been
given a period of at least twenty-one (21) days within which to consider and execute this Release, unless I voluntarily choose to execute this Release before the end of the said twenty-one (21) day period. Once executed, I understand that
I have seven (7) days (the “Revocation Period”) following the execution of this Release to revoke it, and that this Release is not effective or enforceable until after the Revocation Period. 
  

 2 

 I acknowledge that I have read this Release, that I understand it, and that I am executing it freely and
voluntarily. I further understand that once this Release becomes effective (after the seven (7) day Revocation Period), it can only be altered, revoked or rescinded with the express written permission of ICX. 
 I further acknowledge and agree that, in the event I exercise my revocation rights within the specified seven-day Revocation Period, all rights and
obligations under this Release and the Agreement will become null and void. 
 This Release is executed in connection with, and is subject to
terms of, the Agreement. 
  

			
	Date: June 29, 2006	  	 /s/ Ronald R. Spoehel

		  	Ronald R. Spoehel
	
	 Subscribed and sworn to before me this 29th day of
June 2006.

		
		  	 /s/ Catherine M McCarthy

		  	Notary

 My commission expires: 11-30-2008 
  
  
  

 3 

 ELECTION TO EXECUTE 
 PRIOR TO EXPIRATION OF 
 TWENTY-ONE DAY CONSIDERATION PERIOD 
 I, Ronald R. Spoehel, understand that I have at least twenty-one (21) days within which to consider and execute the above General Release. However,
after consulting counsel, I have freely and voluntarily elected to execute the General Release before the twenty-one (21) day period has expired. 
  

			
	Date: June 29, 2006	  	 /s/ Ronald R. Spoehel

		  	Ronald R. Spoehel

  

 4 

 EXHIBIT C 
 LIMITED RELEASE 
 ICX Technologies, Inc. (“ICX”), on behalf of ICX and all of its current,
former or future affiliated entities, subsidiaries, departments, officers, directors, employees, representatives, agents, attorneys, successors and assigns, in consideration of the terms of the Agreement effective as of June 27, 2006 by and
between Ronald R. Spoehel (“Spoehel”) and ICX (the “Agreement”) and the execution of a General Release (“Release”) by Spoehel, and subject to Spoehel’s nonrevocation of such Agreement and Release, with effect as of
June 27, 2006, hereby releases and forever discharges Spoehel and his heirs, successors, agents, executors, administrators, attorneys and assigns, from any and all claims, rights and causes of action of which ICX has actual knowledge as of the
date of this Limited Release, which claims ICX has or may in the future have against him, based on facts and circumstances existing on or prior to the date hereof, in law or equity, relating to or arising under: Federal, Virginia or other state or
local law; any employment or similar contract, any employment statute or regulation, contract law, tort law; and common law, including but not limited to actions for fraud and breach of contract; provided, however, that ICX does not
hereby release Spoehel from (a) any of his obligations under the Agreement, or (b) any claims of which ICX does not have actual knowledge as of the date of this Limited Release. 
 ICX will not sue or otherwise institute or cause to be instituted or in any way voluntarily participate in the prosecution of any complaints or charges
against Spoehel or the other persons released herein in any Federal, state, or other court, administrative agency or other forum concerning any claims released herein. 

 Except as required by law or as necessary to fulfill the terms of the Agreement or this Release, or as
necessary in connection with ICX’s business, legal or tax affairs (in which case disclosure shall be on a confidential basis to the extent practicable), ICX agrees not to disclose the terms or provisions of this Release to any person or entity
(including employees of ICX who do not have a need to know the terms of this Release). 
 ICX understands and agrees that nothing contained
in this Release is to be considered an admission by Spoehel of any wrongdoing under any Federal, state, or local statute, public policy, tort law, contract law, or common law. 
 ICX acknowledges that this Release can only be altered, revoked or rescinded with the express written permission of Spoehel. 
 This Release is executed in connection with, and is subject to the terms of, the Agreement. 
  

					
		 	ICX TECHNOLOGIES, INC.
			
	Date: June 29, 2006	 	By:	 	 [ILLEGIBLE]

		 		 	Its Duly Authorized Representative
	
	 Subscribed and sworn to before me this 29 day of June 2006.

			
		 		 	 /s/ Stephanie Walrath

		 		 	Notary

  

					
	My commission expires:	 	 STEPHANIE WALRATH
 NOTARY PUBLIC
	 	
	 	MY COMMISSION EXPIRES FEB. 28, 2011	 	

  

 2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00127-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00127-of-00352.parquet"}]]