Document:

Employment Agreement of Carter Marantette

 Exhibit 10.2 
 EXECUTIVE EMPLOYMENT AGREEMENT 
 This Executive Employment Agreement (the
“Agreement”) is made effective as of September 1, 2008 (the “Effective Date”), by and between IdentiPHI, Inc. (“Company”) and Carter Marantette (“Employee”). 
 The parties agree as follows: 
 1.
Employment. Company shall employ Employee effective as of the Effective Date, subject to the terms and conditions set forth in the Agreement. 
 2. Duties. 
 2.1 Position. Employee is employed as Company’s Vice
President, North American Sales, reporting to the Company’s Chief Executive Officer (the “CEO”), and shall have such duties and responsibilities consistent with such position as may be reasonably assigned from time to time.

 2.2 Best Efforts; Full-time. Employee shall faithfully and diligently perform all duties assigned to him. Employee
will expend his best efforts on behalf of Company and will abide by all policies and decisions made by Company, as well as all applicable federal, state, and local laws, regulations or ordinances. Employee will act in the best interest of Company at
all times. Employee shall devote his full business time and efforts to the performance of his assigned duties for Company, unless Employee notifies Company in advance of his intent to engage in other paid work and receives Company’s express
written consent to do so. The parties recognize that the Employee serves as a director of other companies, which have been disclosed to the Company in writing and may serve as director of other companies as agreed in writing by the Company.

 2.3 Work Location. Employee’s principal place of work shall be located in Reston, Virginia, or such other
location as the parties may agree from time to time. The Company will have the responsibility and bear the cost for reasonable lodging and travel expenses between the home of the Employee and the Company headquarters in Austin, Texas. 
 3. Term. The term of this Agreement shall begin after the Effective Date and shall continue for two (2) years (the “Initial
Term”), unless it is terminated pursuant to Section 7 herein. On completion of the Initial Term, this Agreement will automatically renew for subsequent one year terms (together with the Initial Term, the “Term”), unless either
party provides forty-five (45) days’ advance written notice to the other that Company or Employee, as the case may be, does not wish to renew the Agreement for a subsequent year. In the event either party gives notice of nonrenewal
pursuant to this Section, this Agreement will expire at the end of the current Term. 
 4. Compensation. 
 4.1 Base Salary. As compensation for Employee’s performance of his duties hereunder, Company shall pay to Employee a base
salary of one hundred seventy thousand dollars ($170,000) per year, payable in accordance with Company’s normal payroll practices, less required deductions for state and federal withholding tax, social security and all other employment taxes
and payroll deductions. 
 4.2 Annual Additional Compensation. Employee shall be eligible to receive annual corporate
performance bonuses and sales commissions in accordance with Company’s management incentive and sales commission plans. For the first and second year of this Agreement, Employee’s annual additional 

  

 1 

 
compensation must entitle Employee to the opportunity to receive at least 50% of Employee’s base salary under Company’s management incentive and
sales commissions plans with forty thousand dollars ($40,000) allocated to individual, team and Company performance objectives, and forty-five thousand dollars ($45,000) allocated to sales commissions based on achieving target revenue and/or gross
margin goals set by the Company’s CEO, with potential for additional sales commissions earned by exceeding those targets. Each annual corporate performance bonus shall be payable (i) upon the achievement of specific performance goals, as
determined by the CEO with consultation from Employee at the beginning of the respective year, or (ii) in accordance with Company’s management incentive plan. Commissions are paid in accordance with the Company’s normal sales
commission payroll practices. 
 4.3 Performance and Salary Review. Company may periodically review Employee’s
performance. Adjustments to salary or other compensation, if any, will be made by Company in its sole and absolute discretion. 
 4.4 Employment Taxes. All of Employee’s compensation shall be subject to customary withholding taxes and any other employment taxes as are commonly required to be collected or withheld by Company. 
 5. Benefits. 
 5.1 Benefits Package. Employee shall be entitled to an appropriate employee benefits package, including medical, dental, and other applicable benefits, that it is no less favorable to Employee than the benefits package provided to
current employees of Company as of the Effective Date of this Agreement. Employee’s paid time-off (PTO) accrual rate shall be calculated in accordance with Company PTO policy. 
 5.2 Fringe Benefits. Employee will be eligible for all customary and usual fringe benefits generally available to senior executives
of Company, subject to the terms and conditions of Company’s benefit plan documents. Except as provided in Section 5.1, Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective
upon notice to Employee. 
 6. Expenses. Employee will be reimbursed for all reasonable, out-of-pocket business expenses
incurred in the performance of his duties on behalf of Company, including such housing and transportation costs Employee may incur in connection with all travel on behalf of Company. To obtain reimbursement, expenses must be submitted promptly, with
appropriate supporting documentation, in accordance with Company’s policies. In the case where air travel is required that has a duration of six (6) hours or more each way, business class airfare shall be deemed a reasonable business
expense for reimbursement to Employee. 
 7. Termination. 
 7.1 Voluntary Termination. Employee may voluntarily resign his employment with Company as set forth in this Section. Employee
agrees to provide sixty (60) days’ written notice if Employee voluntarily terminates his employment with Company, provided that Company may, in its sole discretion, elect to waive all or any part of such notice period. In the event
Employee’s employment is terminated in accordance with this Section 7.1, Employee shall be entitled to receive only unpaid base salary at the rate then in effect, any bonus then earned and payable, if applicable, and accrued and unused
paid time off, each prorated to the date of termination, and Company shall have no further or other obligations to Employee pursuant to this Agreement. 
  

 2 

 7.2 Termination for Cause by Company. Company may terminate Employee’s
employment immediately at any time for Cause, with or without advanced notice. For purposes of this Agreement, “Cause” is defined as a good faith determination of the CEO, in its sole and absolute discretion, of any of the
following: (a) acts or omissions constituting gross negligence, recklessness or willful misconduct on the part of Employee; (b) Employee’s material breach of this Agreement or the confidentiality and inventions assignment agreement
between Company and Employee (the “Confidentiality Agreement”); (c) Employee’s conviction or entry of a plea of nolo contendere for fraud, misappropriation or embezzlement, or any felony or crime of moral turpitude;
(d) Employee’s willful or habitual neglect of duties; (e) Employee’s failure to perform the essential functions of his position, with or without reasonable accommodation, due to a mental or physical disability for at least ninety
(90) days; or (f) Employee’s death. In the event Employee’s employment is terminated in accordance with this Section 7.2, Employee shall be entitled to receive only unpaid base salary at the rate then in effect, any bonus
then earned and payable, if applicable, and accrued and unused paid time off, each prorated to the date of termination, and Company shall have no further or other obligations to Employee pursuant to this Agreement. 
 7.3 Termination Without Cause Prior to a Change in Control. In the event that, prior to a Change in Control (as defined in
Company’s 2007 Equity Incentive Plan (the “2007 Plan”)), Employee is terminated other than for Cause, Employee will receive Employee’s base salary then in effect and accrued, any bonus then earned and payable, if
applicable, and unused paid time off, each prorated to the date of termination, and, subject to the penultimate sentence of this Section 7.3: (a) the aggregate amount of Employee’s annual base salary, and annual corporate performance
bonus earned during the previous six (6) months, payable on a pro rated basis in accordance with Company’s regular payroll cycle for a period of six (6) months; (b) full acceleration of all of the then-unvested shares subject to
equity incentive awards held by Employee; and (c) should Employee timely elect COBRA insurance continuation coverage, reimbursement at a rate equal to the amount contributed by Company for Employee’s insurance coverage premium effective as
of the date of termination or resignation for six (6) months following termination or resignation. Employee’s receipt of the severance, vesting and COBRA benefits set forth in this Section 7.3 are subject to Employee:
(X) complying with all surviving provisions of this Agreement as specified in Section 12.7 below; and (Y) executing at the time of Employee’s termination of employment and within the same taxable year or, if later, before the
expiration of any applicable statutory revocation period, a full general release in a form acceptable to Company, releasing all claims, known or unknown, that Employee may have against Company or its officers, directors, employees or agents arising
out of or any way related to Employee’s employment, termination or resignation of employment with Company. For avoidance of doubt, Employee’s voluntary termination of employment or Employee’s termination for Cause will not give rise
to any rights under this Section 7.3. 
 7.4 Termination Without Cause or Resignation for Good Reason Following a
Change in Control. In the event that, in connection with or within twelve (12) months following a Change in Control, Employee is terminated other than for Cause or Employee resigns as a result of any of the following, without
Employee’s written consent: (i) a material adverse change both in Employee’s duties and title, as measured against Employee’s title and duties immediately prior to such change; or (ii) any reduction by Company in amount
greater than 10% in Employee’s base salary as in effect immediately prior to such reduction, other than a reduction applied generally to executive officers of Company (each, a “Good Reason”), Employee will receive
Employee’s base salary then in effect, any bonus then earned and payable, if applicable, and accrued and unused paid time off, each prorated to the date of termination or resignation, and, subject to the penultimate sentence of this
Section 7.4: (a) the aggregate amount of Employee’s annual base salary, and annual corporate performance bonus earned during the previous six (6) months, payable on a pro rated basis in accordance with Company’s regular
payroll cycle for a period of six (6) months; (b) full acceleration of all of the then-unvested shares subject to equity incentive 

  

 3 

 
awards held by Employee; and (c) should Employee timely elect COBRA insurance continuation coverage, reimbursement at a rate equal to the amount
contributed by Company for Employee’s insurance coverage premium effective as of the date of termination or resignation for six (6) months following termination or resignation. Employee’s receipt of the severance, vesting and COBRA
benefits set forth in this Section 7.4 are subject to employee: (X) complying with all surviving provisions of this Agreement as specified in Section 12.7 below; and (Y) executing at the time of Employee’s termination of
employment and within the same taxable year or, if later, before the expiration of any applicable statutory revocation period, a full general release in a form acceptable to Company, releasing all claims, known or unknown, that Employee may have
against Company or its officers, directors, employees or agents arising out of or any way related to Employee’s employment, termination or resignation of employment with Company. For avoidance of doubt, Employee’s voluntary termination of
employment other than for Good Reason or Employee’s termination for Cause will not give rise to any rights under this Section 7.4. 
 7.5 280G and 409A. If, due to the benefits provided under this Section 7, or otherwise due or payable from Company, Employee may be subject to any excise tax due to characterization of any amounts payable
under this Section 7 as excess parachute payments pursuant to Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”), or the amounts may be nondeductible by Company under Section 280G of the Code,
the gross amount payable in cash or benefits to be provided under this Section 7, or otherwise due or payable from the Company, will be reduced (to the least extent possible) in order to avoid any “excess parachute payment” under
Section 280G(b)(1) of the Code, as determined by Company. Notwithstanding anything in this Agreement to the contrary, if Employee is a “specified employee” as described in Section 409A of the Code (“Section 409A”), as
determined by Company in accordance with its procedures, by which determination Employee is bound, any amount to which Employee would otherwise be entitled during the first six months following Employee’s separation from service that
constitutes nonqualified deferred compensation within the meaning of Section 409A and that is therefore not exempt from Section 409A as involuntary separation pay or a short-term deferral, as determined by Company, will be accumulated and
paid without interest on the first business day of the seventh month following the date of Employee’s separation from service. For purposes of this Agreement, each amount to be paid or benefit to be provided shall be construed as a separate
identified payment for purposes of Section 409A. The provisions of this Agreement will be interpreted and construed in favor of its meeting any applicable requirements of Section 409A. Company, in its reasonable discretion, may amend
(including retroactively) the Agreement to conform with Section 409A, including amending to facilitate the ability of Employee to avoid the imposition of interest and additional tax under Section 409A. The preceding provisions shall not be
construed as a guarantee by Company of any particular tax effect for any income to Employee provided pursuant to the Agreement. 
 8.
No Conflict of Interest. During the Term of Employee’s employment with Company and during any period Employee is receiving payments from Company, Employee must not engage in any work, paid or unpaid, that creates an actual or
potential conflict of interest with Company, as may be determined by Company in its sole and absolute discretion. If Company believes such a conflict exists during the Term of this Agreement, Company may ask Employee to choose to discontinue the
other work or resign employment with Company. If Company believes such a conflict exists during any period in which Employee is receiving payments pursuant to this Agreement, Company may ask Employee to choose to discontinue the other work or
forfeit the remaining severance and other payments under this Agreement. In addition, Employee agrees not to refer any client or potential client of Company to competitors of Company, without obtaining Company’s prior written consent, during
the Term of Employee’s employment and during any period in which Employee is receiving payments from Company pursuant to this Agreement. 
  

 4 

 9. Non-Solicitation; Non-Hire. 
 9.1 Non-Solicitation of Customers or Prospects. Employee acknowledges that information about Company’s customers is
confidential and constitutes trade secrets. Accordingly, Employee agrees that during the Term of this Agreement and for a period of one (1) year after the termination of this Agreement, Employee will not, either directly or indirectly,
separately or in association with others, interfere with, impair, disrupt or damage Company’s relationship with any of its customers or customer prospects by soliciting or encouraging others to solicit any of them for the purpose of diverting
or taking away business from Company. 
 9.2 Non-Solicitation and Non-Hire of Company’s Employees. Employee agrees
that during the Term of this Agreement and for a period of one (1) year after the termination of this Agreement, Employee will not, either directly or indirectly, separately or in association with others, interfere with, impair, disrupt or
damage Company’s business by soliciting, encouraging, attempting to hire or hiring any of Company’s employees or causing others to hire any of Company’s employees or solicit or encourage any of Company’s employees to discontinue
their employment with Company. 
 10. Mutual Non-Disparagement. Employee will not, during the Term of this Agreement or after
the termination hereof, disparage Company, its products, services, agents or employees. Company will not, during the Term of this Agreement or after the termination hereof, disparage Employee. 
 11. Injunctive Relief. Employee acknowledges that Employee’s breach of the covenants contained in Sections 2.3 and 8 through 10
(collectively “Covenants”) would cause irreparable injury to Company and agrees that in the event of any such breach, Company shall be entitled to seek temporary, preliminary and permanent injunctive relief without the necessity of
proving actual damages or posting any bond or other security. 
 12. General Provisions. 
 12.1 Successors and Assigns. The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be
binding upon the successors and assigns of Company. Employee shall not be entitled to assign any of Employee’s rights or obligations under this Agreement. 
 12.2 Waiver. Either party’s failure to enforce any provision of this Agreement shall not in any way be construed as a waiver
of any such provision, or prevent that party thereafter from enforcing each and every other provision of this Agreement. 
 12.3 Attorneys’ Fees. Each side will bear its own attorneys’ fees in any dispute unless a statute at issue, if any, authorizes the award of attorneys’ fees to the prevailing party. 
 12.4 Severability. In the event any provision of this Agreement is found to be unenforceable by an arbitrator or court of competent
jurisdiction, such provision shall be deemed modified to the extent necessary to allow enforceability of the provision as so limited, it being intended that the parties shall receive the benefit contemplated herein to the fullest extent permitted by
law. If a deemed modification is not satisfactory in the judgment of such arbitrator or court, the unenforceable provision shall be deemed deleted, and the validity and enforceability of the remaining provisions shall not be affected thereby.

 12.5 Interpretation; Construction. The headings set forth in this Agreement are for convenience only and shall not
be used in interpreting this Agreement. Employee acknowledges that Employee has had an opportunity to review and revise the Agreement and have it reviewed by legal counsel, if desired, and, therefore, any rule of construction to the effect that
ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement. 
  

 5 

 12.6 Governing Law. The parties agree that this Agreement, and any disputes
arising under this Agreement, will be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to any conflict of laws principle to the contrary. The parties agree that venue for any dispute arising under
this Agreement will lie exclusively in the state or federal courts located in Travis County, Texas, and the parties irrevocably waive any right to raise forum non conveniens or any other argument that Texas is not the proper venue. The
parties irrevocably consent to personal jurisdiction in the state and federal courts of the State of Texas. 
 12.7
Survival. Sections 2.3 (“Covenant Not to Compete”), 7 (“Termination”), 8 (“No Conflict of Interest”), 9 (“Non-Solicitation”), 10 (“Mutual Non-Disparagement”), 11 (“Injunctive
Relief”), 13 (“General Provisions”) and 14 (“Entire Agreement”) of this Agreement shall survive Employee’s employment by Company. 
 13 . Entire Agreement. This Agreement, including the Confidentiality Agreement incorporated herein by reference, the 2007 Plan and related option documents in place at the time of this signing,
constitutes the entire agreement between the parties relating to this subject matter and supersedes all prior or simultaneous representations, discussions, negotiations, and agreements, whether written or oral. This Agreement may be amended or
modified only by a supplemental written agreement signed by Employee and an authorized representative of Company. No oral waiver, amendment, or modification will be effective under any circumstances whatsoever. 
 THE PARTIES TO THIS AGREEMENT HAVE READ THE FOREGOING AGREEMENT AND FULLY UNDERSTAND EACH AND EVERY PROVISION CONTAINED HEREIN. WHEREFORE, THE PARTIES HAVE EXECUTED THIS
AGREEMENT ON THE DATES SHOWN BELOW. 
 THE REMAINDER OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK. 
  

 6 

									
		 		 	Carter Marantette
			
	Dated: September 1, 2008	 		 	 
					
	 	 	 	 	 	 	Address:	 	  
	 	 	 	 	 	 	 	 	  
				
	 	 	 	 	 	 	IDENTIPHI, INC.
			
	Dated: September 1, 2008	 		 	 
					
		 		 		 	By:	 	 
	 	 	 	 	 	 	Its:	 	  
				
	 	 	 	 	 	 	IdentiPHI, Inc.
	 	 	 	 	 	 	 13809 Research Blvd, Suite 275
 Austin,
Texas 78750

  

 7Separation Agreement and Release; John Atkinson

 Exhibit 10.3 
 SEPARATION AGREEMENT 
 AND GENERAL RELEASE OF ALL CLAIMS 
 This Separation Agreement and General Release of All Claims (“Separation Agreement”) is made by and between IdentiPHI, Inc.
(“Company”) and John E. Atkinson (“Employee”) with respect to the following facts: 
 A. Employee is currently employed
by Company as its President pursuant to the terms of an employment agreement dated February 12, 2008 (the “Employment Agreement”). 
 B. Employee has decided to resign from his employment with Company effective as of September 30, 2008 (the “Separation Date”). Company wishes to reach an amicable separation with Employee and assist Employee’s transition
to other employment. Employee’s last day of employment with Company is the Separation Date. 
 C. The parties desire to settle all
claims and issues that have, or could have been raised, in relation to Employee’s employment with Company and arising out of or in any way related to the acts, transactions or occurrences between Employee and Company to date, including, but not
limited to, Employee’s employment with Company or the termination of that employment, on the terms set forth below. 
 THEREFORE, in
consideration of the promises and mutual agreements hereinafter set forth, it is agreed by and between the undersigned as follows: 
 1.
Subject to the execution of this Separation Agreement, Company will provide Employee with certain benefits that he would not otherwise be entitled to receive as a result of his resignation from employment and to resolve any claims that Employee has
or may have against Company. 
 2. Subject to Employee’s compliance with the terms of this Separation Agreement, Company shall provide
Employee with gross compensation of $7,692.31, net of applicable taxes and withholdings, as cash in lieu of 80 hours of accrued and unused PTO as of the Separation Date. Employee acknowledges that, following the payment of such sum, as of the
Separation Date, Employee has been paid all wages, including salary, bonuses, commissions, and cash in lieu of any accrued, unused PTO earned during employment with Company and has been reimbursed by Company for all reimbursable business expenses
incurred by him through the Separation Date. Employee acknowledges that he was never denied any federal Family Medical Leave Act (“FMLA”) or any similar state law right or benefits by Company, including but not limited to Company’s
denial of any request by Employee for leave under FMLA or any similar state law. Employee further acknowledges that he has no pending claims under FMLA or any similar state law against the Company. 
 3. Employee has been granted an aggregate of 219,548 shares of restricted stock (the “Restricted Stock Award”), 192,104 of which remain
unvested as of the Separation Date (the “Unvested Shares”). Employee and Company agree that Employee’s resignation from employment with Company shall constitute Employee’s voluntarily ceasing to provide Services to the
Participating Company Group without Good Reason (as such terms are defined in the Restricted Stock Purchase Agreement) as of the Separation Date for purposes of the Restricted Stock Award. Accordingly, as set forth in the terms of the Notice of
Grant of Stock Purchase Right, the Restricted Stock Purchase Agreement and Company’s 2007 Equity Incentive Plan pursuant to which the Restricted Stock Award was granted to Employee, effective on the Separation Date the Unvested Shares shall
cease to vest and Company shall have the right to repurchase the Unvested Shares under the terms and subject to the conditions set forth in the Restricted Stock Purchase Agreement. Notwithstanding any provision to the contrary in any prior agreement

  

 1 

 
between Company and Employee with respect to the Restricted Stock Award, including but not limited to the Restricted Stock Purchase Agreement, the aggregate
purchase price for the Unvested Shares being repurchased by Company shall be $0.01. This Separation Agreement shall constitute written notice to Employee of Company’s exercise of its repurchase right pursuant to Section 5.3 of the
Restricted Stock Purchase Agreement with respect to all of the Unvested Shares. 
 4. Except with respect to the obligations created by this
Separation Agreement, Employee and his successors release Company, its parents, subsidiaries and affiliated entities, and each of their respective shareholders, investors, directors, officers, employees, agents, attorneys, insurers, legal successors
and assigns (the “Released Parties”) of and from any and all claims, actions and causes of action, whether now known or unknown, which Employee now has, or at any other time had, or shall or may have against those released parties based
upon or arising out of any matter, cause, fact, thing, act or omission whatsoever occurring or existing at any time up to and including the date on which Employee signs this Separation Agreement, including, but not limited to, any claims that are
based upon or arise out of Employee’s employment with Company or the termination of that employment, and any claims of breach of contract, wrongful termination, retaliation, fraud, defamation, infliction of emotional distress or national
origin, race, age, sex, sexual orientation, disability or other discrimination or harassment under the Civil Rights Act of 1964, the Age Discrimination In Employment Act of 1967, the Americans with Disabilities Act or any other applicable law.
However, the release contained in this paragraph 4 (the “Release of Claims”) is not intended to bar any claims that, by statute, may not be waived, such as claims for workers’ compensation benefits, unemployment insurance
benefits, and any challenge to the validity of the Release of Claims under the Age Discrimination in Employment Act of 1967, as amended. The Release of Claims is also not intended to bar any claims to indemnification under applicable statutes,
Company’s certificate of incorporation or bylaws, or an indemnification agreement between Company and Employee. Employee acknowledges that Employee may discover facts or law different from, or in addition to, the facts or law that Employee
knows or believes to be true with respect to the claims released in this Separation Agreement and agrees, nonetheless, that this Separation Agreement and the release contained in it shall be and remain effective in all respects notwithstanding such
different or additional facts or the discovery of them. Employee declares and represents that Employee intends this Separation Agreement to be complete and not subject to any claim of mistake, and that the release herein expresses a full and
complete release and Employee intends the release herein to be final and complete. Employee executes this release with the full knowledge that this release covers all possible claims against the Released Parties, to the fullest extent permitted by
law. Employee expressly waives Employee’s right to recovery of any type, including damages or reinstatement, in any administrative or court action, whether state or federal, and whether brought by Employee or on Employee’s behalf, related
in any way to the matters released herein. Except with respect to the obligations created by this Separation Agreement and any agreements described in paragraph 6, Company and its successors and assigns forever release and absolutely discharge
Employee and his successors and assigns from any and all claims, demands, damages, debts, liabilities, actions and causes of action, whether now known or unknown, which Company now has, or at any other time had, or shall or may have against Employee
based upon, arising out of or relating to any matter, cause, fact, thing, act or omission whatsoever occurring or existing at any time to and including the date this Separation Agreement is signed (collectively referred to as the “Company
Released Matters”). Notwithstanding the above release, Company Released Matters shall exclude any hereafter discovered breach by Employee of his legal and professional duties as Chief Executive Officer and director to Company. 
 5. This Separation Agreement is intended to satisfy the requirements of the Older Workers’ Benefit Protection Act, 29 U.S.C. sec. 626(f). Employee,
by this Separation Agreement, is advised to consult with an attorney before executing this Separation Agreement. Employee acknowledges and agrees that (a) Employee has read and understands the terms of this Separation Agreement;
(b) Employee has been advised in writing to consult with an attorney before executing this Separation Agreement; 

  

 2 

 
(c) that Employee has obtained and considered such legal counsel as Employee deems necessary; (d) that Employee has been given up to twenty-one
(21) days to consider whether or not to enter into this Separation Agreement (although Employee may elect not to use the full 21-day period at Employee’s option); and (e) that by signing this Separation Agreement, Employee
acknowledges that Employee does so freely, knowingly, and voluntarily. This Separation Agreement shall not become effective or enforceable until the eighth day after Employee signs this Separation Agreement. In other words, Employee may revoke
Employee’s acceptance of this Separation Agreement within seven (7) days after the date Employee signs it. Employee’s revocation must be in writing and received by the Company’s Chief Executive Officer or Chief Financial Officer
by 5:00 p.m. Eastern time on the seventh day in order to be effective. If Employee does not revoke acceptance within the seven-day period, Employee’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth
day. 
 6. Employee acknowledges and agrees that he shall continue to be bound by and comply with the terms of any proprietary rights,
assignment of inventions and/or confidentiality agreements between Company and Employee. On or before the Separation Date, Employee will return to Company, in good working condition, all Company property and equipment that is in Employee’s
possession or control, including, but not limited to, any files, records, computers (unless separately agreed to purchase from the Company) , computer equipment, credit cards, keys, programs, manuals, business plans, financial records, and all
documents (and any copies thereof) that Employee prepared or received in the course of his employment with Company or otherwise came into his possession. Employee agrees in response to reasonable requests made by Company to cooperate fully and
assist Company in any matter in which Employee has been involved during the course of Employee’s employment. Such assistance shall include providing information, preparing or reviewing documents, submitting to depositions, providing testimony
and general cooperation to assist Company in explaining its position with respect to any matter in which Employee may have been involved as an employee of Company. In the event Employee incurs reasonable out-of-pocket expenses in providing such
assistance during his lifetime, including reasonable attorneys’ fees, Company shall reimburse such eligible expenses in accordance with Company’s policy for reimbursement of senior executive officer expenses, including the requirements of
such policy for documentation of such expenses. The contractual right to reimbursement shall not apply to any matter for which Employee has sought advancement of expenses and/or indemnification pursuant to Company’s bylaws, any indemnification
agreement to which Employee is a party or reimbursement under any applicable directors and officers liability insurance policy. Company shall pay the reimbursement of eligible expenses on or before the last day of Employee’s taxable year
following the taxable year in which the applicable expense was incurred by Employee. The amount of such expenses eligible for reimbursement during a taxable year of Employee shall not affect the expenses eligible for reimbursement in any other
taxable year of Employee. 
 7. Employee agrees that he shall not directly or indirectly disclose any of the terms of this Separation
Agreement to anyone other than his immediate family or counsel, except as such disclosure may be required for accounting or tax reporting purposes or as otherwise may be required by law. Company intends that income provided to Employee pursuant to
this Separation Agreement will not be subject to taxation under Section 409A of the Internal Revenue Code (the “Code”). The provisions of this Separation Agreement shall be interpreted and construed in favor of satisfying any
applicable requirements of Section 409A of the Code. However, Company does not guarantee any particular tax effect for income provided to Employee pursuant to this Separation Agreement. In any event, except for Company’s
responsibility to withhold applicable income and employment taxes from compensation paid or provided to Employee, Company shall not be responsible for the payment of any applicable taxes on compensation paid or provided to Employee pursuant to this
Separation Agreement. Employee represents that he has consulted his own attorney regarding the application of Section 409A of the Code to this Separation Agreement. 
  

 3 

 8. Employee and Company agree to be bound by Section 8 – Mutual Non-Disparagement of the
Employment Agreement. 
 9. Employee agrees to be bound by Section 9.1 – Non-solicitation of Customers or Prospects and
Section 9.2 - Non-Solicitation and Non-Hire of Company’s Employees of the Employment Agreement. Employee understands and acknowledges that he has been privy to and has obtained Company confidential information during his
employment. Employee agrees and understands that he shall not use or disclose in any manner not authorized in writing by Company any confidential information obtained by him in connection with his employment. 
 10. Employee acknowledges and agrees that he is aware of the restrictions imposed by the United States federal securities laws and other applicable
foreign and domestic laws on a person in possession material non-public information about a public company and that Employee will comply with such laws. Specifically, Employee acknowledges and agrees that it is illegal to buy, sell, purchase options
in or otherwise trade in Company’s securities if he possesses material non-public information about Company. 
 11. Employee
acknowledges and agrees that he is aware of the filing obligations under Section 13 of the Exchange Act of 1934 with respect to beneficial owners of more than 5% of Company’s common stock. 
 12. Each party shall pay all costs and expenses that it incurs with respect to the negotiation, execution, delivery and performance of this Separation
Agreement. In the event of any legal action relating to or arising out of this Separation Agreement, the substantially prevailing party shall be entitled to recover from the losing party its attorneys’ fees and costs incurred in that action.

 13. This Separation Agreement shall be interpreted in accordance with and governed by the laws of the State of Texas, without regard to
the conflict of laws provisions thereof. 
 14. This Separation Agreement constitutes the entire agreement between the parties with respect
to the subject matter hereof and supersedes all prior negotiations and agreements, whether written or oral, with the exception of (a) any agreements between the parties with respect to the Restricted Stock Award, which shall be modified only as
set forth in paragraph 3 hereof, and (b) any agreements described in paragraph 6. This Separation Agreement will be deemed to supersede and amend in its entirety the Employment Agreement, except for Sections 8, 9.1 and 9.2 of the
Employment Agreement as described above in paragraph 8 and 9. Employee acknowledges and agrees that the Employee’s resignation as President does not provide any rights under, and will not be asserted by Employee as grounds for any benefits
under, the Employment Agreement, nor will Employee assert such resignations otherwise as grounds for any claim against Company for constructive termination of employment. This Separation Agreement may not be modified or amended except by a document
signed by an authorized officer of Company and Employee. 
 15. In the event any provision of this Separation Agreement shall be found
unenforceable, the unenforceable provision shall be deemed deleted and the validity and enforceability of the remaining provisions shall not be affected thereby. 
 16. This Separation Agreement may be pled as a full and complete defense to, and may be used as a basis for an injunction against, any action, suit or other proceeding that may be prosecuted, instituted or attempted
by any party hereto in breach hereof. 
  

 4 

 THE PARTIES TO THIS SEPARATION AGREEMENT HAVE READ THE FOREGOING SEPARATION AGREEMENT AND FULLY UNDERSTAND EACH AND EVERY
PROVISION CONTAINED HEREIN. WHEREFORE, THE PARTIES HAVE EXECUTED THIS SEPARATION AGREEMENT ON THE DATES SHOWN BELOW. 
  

									
				
	Dated: ________________________	 		 	By:	 	 
		 		 		 		 	John E. Atkinson
					
		 		 		 		 	IDENTIPHI, INC.
				
	Dated: ________________________	 		 	By:	 	 
		 		 		 		 	Christer Bergman
		 		 		 		 	Chief Executive Officer

  

 5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00149-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00149-of-00352.parquet"}]]