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Exhibit 10.37    
  

EMPLOYMENT AGREEMENT  

        THIS EMPLOYMENT AGREEMENT (the "Agreement") is made and entered into as of the 26th day of August, 2002, by and
between EVANS & SUTHERLAND COMPUTER CORPORATION, a Utah corporation (the "Company") and David B. Figgins (the
"Executive"). 

W I T N E S S E T H:  

        WHEREAS, the Executive has been providing services to the Company in an executive capacity and desires to continue to provide such services; 

        WHEREAS,
the Company desires to have the benefit of the Executive's efforts and services; 

        WHEREAS,
the Company and Executive desire to terminate all prior employment agreements with the Company, if any; and 

        WHEREAS,
the Company has determined that it is appropriate and in the best interests of the Company to provide to the Executive protection in the event of certain terminations of the
Executive's employment relationship with the Company in accordance with the terms and conditions contained herein and the Executive desires to have such protection. 

        NOW,
THEREFORE, in consideration of the foregoing and of the mutual covenants and agreements hereinafter set forth, the Company and the Executive hereto mutually covenant and agree as
follows: 

        1.    DEFINITIONS.

        Whenever
used in this Agreement, the following terms shall have the meanings set forth below: 

        (a)  "Accrued Benefits" shall mean the amount equal to the sum of the following to the extent not previously paid: 

        (i)    All
salary earned or accrued through the Termination Date; 

        (ii)  Reimbursement
pursuant to Section 6(e) for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses
incurred by the Executive through the Termination Date; 

        (iii)  Any
and all other cash benefits of deferred compensation plans previously earned through the Termination Date unless deferred at the election of the Executive for
payment at another time or the applicable deferred compensation plan provides for payment at another time; 

        (iv)  The
full amount of any bonus earned in a prior period and payable to the Executive in accordance with Section 6(b) herein, subject to the limitations in
Section 10 and Section 12; and 

        (v)  All
other payments and benefits to which the Executive may be entitled under the terms of any benefit plan of the Company, which as of the Termination Date, is
applicable to all regular full-time employees of the Company generally. 

        (b)  "Act" shall mean the Securities Exchange Act of 1934; 

        (c)  "Affiliate" shall have the same meaning as given to that term in Rule 12b-2 of Regulation 12B
promulgated under the Act; 

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        (d)  "Base Period Income" shall be an amount equal to the Executive's "annualized includable compensation" for the "base
period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder; 

        (e)  "Beneficial Owner" shall have the same meaning as given to that term in Rule 13d-3 of the Act,
provided that any pledgee of Company voting securities shall not be deemed to be the Beneficial Owner thereof prior to its disposition of, or acquisition of voting rights with respect to, such
securities; 

        (f)    "Board" shall mean the Board of Directors of the Company; 

        (g)  "Cause" shall mean any of the following: 

        (i)    The
engaging by the Executive in fraudulent conduct, as evidenced by a determination in a binding and final judgment, order or decree of a court or administrative agency
of competent jurisdiction, in effect after exhaustion or lapse of all rights of appeal, in an action, suit or proceeding, whether civil, criminal, administrative or investigative, which the Chief
Executive Officer of the Company determines, in his sole discretion, has a significant adverse impact on the Company or on the performance of the Executive's duties to the Company; 

        (ii)  Conviction
of a felony, as evidenced by a binding and final judgment, order or decree of a court of competent jurisdiction, in effect after exhaustion or lapse of all
rights of appeal, which the Chief Executive Officer of the Company determines, in his sole discretion, has a significant adverse impact on the Company or on the performance of the Executive's duties
to the Company; 

        (iii)  Neglect
or refusal by the Executive to perform the Executive's duties or responsibilities; or 

        (iv)  A
significant violation by the Executive of the Company's established policies and procedures; 

Notwithstanding
the foregoing, Cause shall not exist under Sections 1(g)(iii) and (iv) herein unless the Company furnishes written notice to the Executive of the specific
offending conduct and the Executive fails to correct such offending conduct within the thirty (30) day period commencing on the receipt of such notice. 

        (h)  "Change of Control" shall mean a change in ownership or managerial control of the stock, assets or business of the
Company resulting from one or more of the following circumstances: 

        (i)    A
change of control of the Company, of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A
promulgated under the Act, or any successor regulation of similar import, regardless of whether the Company is subject to such reporting requirement; 

        (ii)  A
change in ownership of the Company through a transaction or series of transactions, such that any Person or Persons (other than any current officer of the Company or
member of the Board) become(s), in the aggregate, the Beneficial Owner(s), directly or indirectly, of securities of the Company representing thirty percent (30%) or more of the Company's then
outstanding securities; 

        (iii)  Any
consolidation or merger of the Company in which the Company is not the continuing or surviving corporation or pursuant to which shares of the common stock of the
Company would be converted into cash (other than cash attributable to dissenters' rights), securities or other property provided by a Person or Persons other than the Company, other than a
consolidation or merger of the Company in which the holders of the common stock of 

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the Company immediately prior to the consolidation or merger have approximately the same proportionate ownership of common stock of the surviving corporation immediately after the consolidation or
merger; 

        (iv)  The
shareholders of the Company approve a sale, transfer, liquidation or other disposition of all or substantially all of the assets of the Company to a Person or
Persons; 

        (v)  During
any period of two (2) consecutive years, individuals who, at the beginning of such period, constituted the Board of Directors of the Company cease,
for any reason, to constitute at least a majority thereof, unless the election or nomination for election of each new director was approved by the vote of at least two-thirds
(2/3) of the directors then still in office who were directors at the beginning of the period; 

        (vi)  The
filing of a proceeding under Chapter 7 of the Federal Bankruptcy Code (or any successor or other statute of similar import) for liquidation with respect to the
Company; or 

        (vii) The
filing of a proceeding under Chapter 11 of the Federal Bankruptcy Code (or any successor or other statute of similar import) for reorganization with respect to the
Company if in connection with
any such proceeding, this Agreement is rejected, or a plan of reorganization is approved an element of which plan entails the liquidation of all or substantially all the assets of the Company. 

A
"Change of Control" shall be deemed to occur on the actual date on which any of the foregoing circumstances shall occur; provided, however, that in connection with a "Change of Control" specified in
Section 1(h)(vii), a "Change of Control" shall be deemed to occur on the date of the filing of the relevant proceeding under Chapter 11 of the Federal Bankruptcy Code (or any successor or other
statute of similar import). Notwithstanding the foregoing, a "Change of Control" shall not include any transaction that constitutes a "Rule 13e-3 transaction" under
Rule 13e-3 of the Act or an "issuer tender offer" under Rule 13e-4 of the Act. 

        (i)    "Change of Control Period" shall mean the period commencing 180 days immediately prior to the date a Change of
Control is deemed to occur pursuant to Section 1(h), herein, and ending on the second anniversary of such date; 

        (j)    "Code" shall mean the Internal Revenue Code of 1986, as amended from time to time; 

        (k)  "Disability" shall mean a physical or mental condition whereby the Executive is unable to perform on a
full-time basis the customary duties of the Executive under this Agreement; 

        (l)    "Federal Short Term-Rate" shall mean the rate defined in Section 1274(d)(1)(C)(i) of the Code; 

        (m)  "Good Reason" shall mean: 

        (i)    The
required relocation of the Executive, without the Executive's consent, to an employment location which is more than seventy-five (75) miles from
the Executive's employment location on the day preceding the date of this Agreement; or 

        (ii)  Breach
or violation of any material provision of this Agreement by the Company, which is not remedied within five business days following notice to the Company
by the Executive. 

        (n)  "Good Reason During a Change of Control" shall mean any of the following events occurring during a Change of Control
Period: 

        (i)    The
required relocation of the Executive, without the Executive's consent, to an employment location which is more than seventy-five (75) miles from
the Executive's employment location on the day preceding the date of this Agreement; 

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        (ii)  The
removal of the Executive from or any failure to reelect the Executive to any of the positions held by the Executive during the 180-day period
immediately preceding the Change of Control Period, except in the event that such removal or failure to reelect relates to the termination by the Company of the Executive's employment for Cause or by
reason of death, Disability or voluntary retirement; 

        (iii)  A
significant adverse change, without the Executive's written consent, in the nature or scope of the Executive's authority, powers, functions, duties or
responsibilities that existed during the 180-day period immediately preceding the Change of Control Period, or a material reduction in the level of support services, staff, secretarial and
other assistance, office space and accoutrements available to a level below that which was provided to the Executive during the 180-day period immediately preceding the Change of Control
Period, and that which is necessary to perform any duties assigned to the Executive during the 180-day period immediately preceding the Change of Control Period; or 

        (iv)  Breach
or violation of any material provision of this Agreement by the Company, which is not remedied within five business days following notice to the Company
by the Executive; 

        (o)  "Gross Income" shall mean the Executive's current calendar year targeted compensation under
Sections 6(a)-(b) of this Agreement; 

        (p)  "Notice of Termination" shall mean the notice described in Section 14 herein; 

        (q)  "Person" shall mean any individual, partnership, joint venture, association, trust, corporation or other entity, other
than an employee benefit plan of the Company or an entity organized, appointed or established pursuant to the terms of any such benefit plan; 

        (r)  "Termination Date" shall mean, except as otherwise provided in Section 14 herein, 

        (i)    The
Executive's date of death; 

        (ii)  Thirty
(30) days after the delivery of the Notice of Termination terminating the Executive's employment on account of Disability pursuant to Section 9
herein, unless the Executive returns on a full-time basis to the performance of his or her duties prior to the expiration of such period; 

        (iii)  Thirty
(30) days after the delivery of the Notice of Termination if the Executive's employment is terminated by the Executive voluntarily; 

        (iv)  Thirty
(30) days after the delivery of the Notice of Termination if the Executive's employment is terminated by the Company for any reason other than death or
Disability; or 

        (v)  The
date the Executive is terminated for Cause. 

        (s)  "Termination Payment" shall mean the payment described in Section 13 herein; 

        (t)    "Total Payments" shall mean the sum of the Termination Payment and any other "payments in the nature of compensation" (as
defined in Section 280G of the Code and the regulations adopted thereunder) to or for the benefit of the Executive, the receipt of which is contingent on a Change of Control and to which
Section 280G of the Code applies. 

        2.    EMPLOYMENT.

        The
Company hereby agrees to employ the Executive and the Executive hereby agrees to serve the Company, on the terms and conditions set forth herein. 

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        3.    TERM. 

        The
employment of the Executive by the Company pursuant to the provisions of this Agreement shall commence on the date hereof and end on that date employment of the Executive is
terminated pursuant to the terms and conditions of either Section 8, 9, 10, 11 or 12, herein. 

        4.    POSITIONS
AND DUTIES. 

        The
Executive shall serve as Vice President, Product Marketing of the Company and in such additional capacities as set forth in Section 7 herein. In connection with the foregoing
positions, the Executive shall have such duties, responsibilities and authority as may from time to time be assigned to the Executive by the Chief Executive Officer. The Executive shall devote
substantially all the Executive's working time and efforts to the business and affairs of the Company. The Chief Executive Officer, in his or her sole discretion, may alter, modify, or change the
Executive's duties, offices, positions, responsibilities and obligations set forth in this Agreement at any time, consistent with the status of a senior executive of the Company. 

        5.    PLACE
OF PERFORMANCE. 

        In
connection with the Executive's employment by the Company, the Executive shall be based at the principal executive offices of the Company in Salt Lake City, Utah except for required
travel on Company business. 

        6.    COMPENSATION
AND RELATED MATTERS. 

        (a)  Salary. The Company shall pay to the Executive an annualized base salary at a rate of $241,000.00 in equal installments
as nearly as practicable on the Company's regular payroll dates, in arrears. Such annualized base salary may be increased from time to time in accordance with normal business practices of the Company.
The annualized base salary of the Executive shall not be decreased below its then existing amount during the term of this Agreement; 

        (b)  MIP and MIP-Q. Subject to the Company's right to terminate or amend, at any time with or without notice to
the Executive, the Evans & Sutherland Management Incentive Plan (MIP) and the Evans & Sutherland Quarterly Management Incentive Plan (MIP-Q), the Executive shall be entitled
to participate in the Evans & Sutherland MIP and MIP-Q as agreed in writing in a MIP and a MIP-Q document; 

        (c)  SERP. Subject to the Company's right to terminate or amend, at any time with or without notice to the Executive, the
Company's Supplemental Executive Retirement Plan, the Executive shall be entitled to participate in the Company's Supplemental Executive Retirement Plan; 

        (d)  Executive Savings Plan. Subject to the Company's right to terminate or amend, at any time with or without notice to the
Executive, the Company's Executive Savings Plan, the Executive shall be entitled to participate in the Executive Savings Plan according to the terms and conditions of the Executive Savings Plan. 

        (e)  Expenses. The Executive shall be entitled to receive prompt reimbursement for all reasonable expenses incurred by the
Executive in performing services hereunder, including all expenses for travel and living expenses while away from home on business or at the request of and in the service of the Company, provided that
such expenses are incurred and accounted for in accordance with the policies and procedures established by the Company at the time incurred; 

        (f)    Other Benefits. The Company shall provide the Executive with all other benefits normally provided to an employee of the
Company similarly situated to the Executive, including being added as a named officer on the Company's existing directors' and officers' liability insurance policy; 

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        (g)  Vacations. The Executive shall be entitled to the number of vacation days in each calendar year, and to
compensation in respect of earned but unused vacation days, determined in accordance with the Company's vacation plan as in effect from time to time, but in no event less than fifteen
(15) days. The Executive shall also be entitled to all paid holidays given by the Company to its executives; and 

        (h)  Services Furnished. The Company shall furnish the Executive with office space, and such other facilities and services as
shall be suitable to the Executive's position and adequate for the performance of the Executive's duties as set forth in Section 4 hereof. 

        7.    OFFICES.

        The
Executive agrees to serve without additional compensation, if elected or appointed thereto, in one or more executive offices of the Company, or any affiliate or subsidiary of the
Company, or as a member of the board of directors of any subsidiary or affiliate of the Company; provided, however, that the Executive is indemnified for serving in any and all such capacities on a
basis no less favorable than is currently provided in the Company's bylaws, or otherwise. 

        8.    TERMINATION
AS A RESULT OF DEATH. 

        If
the Executive shall die during the term of this Agreement, the Executive's employment shall terminate on the Executive's date of death and the Executive's surviving spouse, or the
Executive's estate if the Executive dies without a surviving spouse, shall be entitled to the Executive's Accrued Benefits as of the Termination Date and the applicable Termination Payment. 

        9.    TERMINATION
FOR DISABILITY. 

        If,
as a result of the Executive's Disability, the Executive shall have been unable to perform the Executive's duties hereunder on a full-time basis for four
(4) consecutive months and within thirty (30) days after the Company provides the Executive with a Termination Notice, the Executive shall not have returned to the performance of
the Executive's duties on a full-time basis, the Company may terminate the Executive's employment, subject to Section 14 herein. During the term of the Executive's Disability prior
to termination, the Executive shall continue to receive all salary and other benefits payable under Section 6 herein, including participation in all employee benefit plans, programs and
arrangements in which the Executive was entitled to participate immediately prior to the Disability; provided, however, that the Executive's continued participation is permitted under the terms and
provisions of such plans, programs and arrangements. In the event that the Executive's participation in any such plan, program or arrangement is barred as the result of such Disability, the Executive
shall be entitled to receive an amount equal to the contributions, payments, credits or allocations which would have been paid by the Company to the Executive, to the Executive's account or on the
Executive's behalf under such plans, programs and arrangements. In the event the Executive's employment is terminated on account of the Executive's Disability in accordance with this Section 9,
the Executive shall receive the Executive's Accrued Benefits as of the Termination Date and shall remain eligible for all benefits provided by any long-term disability programs of the
Company in effect at the time of such termination. The Executive shall also be entitled to the Termination Payment described in Section 13(a). 

        10.  TERMINATION
FOR CAUSE. 

        If
the Executive's employment with the Company is terminated by the Company for Cause, subject to the procedures set forth in Section 14 herein, the Executive shall be entitled to
receive the Executive's
Accrued Benefits as of the Termination Date, however, the Executive's Accrued Benefits will not include any amount for bonus under Section 1(a)(iv). The Executive shall not be entitled to
receipt of any Termination Payment. 

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        11.  OTHER
TERMINATION BY COMPANY. 

        If
the Executive's employment with the Company is terminated by the Company other than by reason of death, Disability or Cause, subject to the procedures set forth in Section 14
herein, the Executive (or in the event of the Executive's death following the Termination Date, the Executive's surviving spouse or the Executive's estate if the Executive dies without a surviving
spouse) shall receive the Executive's Accrued Benefits and the applicable Termination Payment. The Executive shall not, in connection with any consideration receivable in accordance with this
Section 11, be required to mitigate the amount of such consideration by securing other employment or otherwise and such consideration shall not be reduced by reason of the Executive securing
other employment or for any other reason. 

        12.  VOLUNTARY
TERMINATION BY EXECUTIVE. 

        From
and after the date of this Agreement, provided that the Executive furnishes thirty (30) days prior written notice to the Company, the Executive shall have the right to
voluntarily terminate this Agreement at any time. If the Executive's voluntary termination is without Good Reason or without Good Reason During a Change of Control, the Executive shall receive the
Executive's Accrued Benefits as of the Termination Date and shall not be entitled to any Termination Payment, however, the Executive's Accrued Benefits will not include any amount for bonus under
Section 1(a)(iv). If the Executive's voluntary termination is for Good Reason or Good Reason During a Change of Control, the Executive (or in the event of the Executive's death following the
Termination Date, the Executive's surviving spouse or the Executive's estate if the Executive dies without a surviving spouse) shall receive the Executive's Accrued Benefits and the applicable
Termination Payment. The Executive shall not, in connection with any consideration receivable in accordance with this Section 12, be required to mitigate the amount of such consideration by
securing other employment or otherwise and such consideration shall not be reduced by reason of the Executive securing other employment or for any other reason. 

        13.  TERMINATION
PAYMENT. 

        (a)  If
the Executive's employment is terminated as a result of death or Disability, the Executive shall receive a Termination Payment equal to one (1.0) times the
Executive's Gross Income. The Company will also pay the full medical, dental and vision premiums for continuation coverage under COBRA for the Executive and dependents who qualify for continuation
coverage under COBRA for one year following Termination Date. 

        (b)  If,
prior to a Change of Control Period, the Executive's employment is terminated by the Executive for Good Reason or by the Company for any reason other than death,
Disability or Cause, the Termination Payment payable to the Executive by the Company or an affiliate of the Company shall be equal to one (1.0) times the Executive's Gross Income. The Company will pay
the full medical, dental and vision premiums for continuation coverage under COBRA for the Executive and dependents who qualify for continuation coverage under COBRA for one year following the
Termination Date. 

        (c)  If,
during a Change of Control Period, the Executive's employment is terminated by the Executive for Good Reason During a Change of Control or by the Company for any
reason other than death, Disability, or Cause, the Termination Payment payable to the Executive by the Company or an affiliate of the Company shall be one (1.0) times the Executive's Gross Income. The
Company will pay the full medical, dental and vision premiums for continuation coverage under COBRA and, after expiration of the COBRA continuation period, for conversion coverage for the Executive
and dependents who qualify for continuation coverage under COBRA for one (1) year following the Termination Date. 

        (d)  It
is the intention of the Company and the Executive that the benefits under this Agreement shall be capped such that no portion of the Termination Payment and any other
"payments in the nature of compensation" (as defined in Section 280G of the Code and the 

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regulations adopted thereunder) to or for the benefit of the Executive under this Agreement, or under any other agreement, plan or arrangement, shall be deemed to be an "excess parachute payment" as
defined in Section 280G of the Code. It is agreed that the present value of the Total Payments shall not exceed an amount equal to two and ninety-nine hundredths (2.99) times the
Executive's Base Period Income, which is the maximum amount which the Executive may receive without becoming subject to the tax imposed by Section 4999 of the Code or which the Company may pay
without loss of deduction under Section 280G(a) of the Code. Present value for purposes of this Agreement shall be calculated in accordance with the regulations issued under
Section 280G of the Code. Within sixty (60) days following delivery of the Notice of Termination or notice by the Company to the Executive of its belief that there is a payment or
benefit due the Executive which will result in an excess parachute payment as defined in Section 280G of the Code, the Executive and the Company shall, at the Company's expense, obtain such
opinions as more fully described hereafter, which need not be unqualified, of legal counsel and certified public accountants or a firm of recognized executive compensation consultants. The Executive
shall select said legal counsel, certified public accountants and executive compensation consultants; provided, however, that if the Company does not accept one (1) or more of the parties
selected by the Executive, the Company shall provide the Executive with the names of such legal counsel, certified public accountants and/or executive compensation consultants as the Company may
select; provided, further, however, that if the Executive does not accept the party or parties selected by the Company, the legal counsel, certified public accountants and/or executive compensation
consultants selected by the Executive and the Company, respectively, shall select the legal counsel, certified public accountants and/or executive compensation consultants, whichever is applicable,
who shall provide the opinions required by this Section 13(d). The opinions required hereunder shall set forth (a) the amount of the Base Period Income of the Executive, (b) the
present value of Total Payments and (c) the amount and present value of any excess parachute payments. In the event that such opinions determine that there would be an excess parachute payment,
the Termination Payment or any other payment determined by such counsel to be includable in Total Payments shall be reduced or eliminated as specified by the Executive in writing delivered to the
Company within thirty (30) days of his or her receipt of such
opinions or, if the Executive fails to so notify the Company, then as the Company shall reasonably determine, so that under the bases of calculation set forth in such opinions there will be no excess
parachute payment. The provisions of this Section 13(d), including the calculations, notices and opinions provided for herein shall be based upon the conclusive presumption that the
compensation and other benefits, including but not limited to the Gross Income, earned on or after the date of a Change of Control by the Executive pursuant to the Company's compensation programs if
such payments would have been made in the future in any event, even though the timing of such payment is triggered by the Change of Control, are reasonable compensation for services rendered prior to
the Change of Control; provided, however, that in the event legal counsel so requests in connection with the opinion required by this Section 13(d), a firm of recognized executive compensation
consultants, selected by the Executive and the Company pursuant to the procedures set forth above, shall provide an opinion, upon which such legal counsel may rely, as to the reasonableness of any
item of compensation as reasonable compensation for services rendered prior to the Change of Control by the Executive. In the event that the provisions of Sections 280G and 4999 of the Code are
repealed without succession, this Section 13(d) shall be of no further force or effect. 

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        (e)  The
Termination Payment shall be payable as follows: 

        (i)    In
the event the Executive's Termination Date is during a Change of Control Period, any Termination Payment shall be paid to the Executive in a lump sum not later than
ten (10) days following the Executive's Termination Date. Such lump sum payment shall not be reduced by any present value, interest rate, or similar factor. Further, the Executive shall not be
required to mitigate the amount of such payment by securing other employment or otherwise and such payment shall not be reduced by reason of the Executive securing other employment or for any other
reason. 

        (ii)  In
the event the Executive's Termination Date is prior to or after a Change of Control Period, any Termination Payment shall be paid to the Executive in equal
installments on the Company's twenty-six (26) regular bi-weekly paydays over the twelve-month period following the Termination Date. Such payments shall not be reduced
or increased by any present value, interest rate, or similar factor. Further, the Executive shall not be required to mitigate the amount of such payment by securing other employment or otherwise and
such payment shall not be reduced by reason of the Executive securing other employment or for any other reason. 

        (f)    Notwithstanding
anything to the contrary herein, in no event will a termination of Executive's employment with the Company be deemed to trigger a right to receive a
Termination Payment if the termination is effected by the mutual agreement of the Company and Executive to accommodate a reassignment of Executive to an entity created or acquired by the Company, or
to which the Company has contributed rights to technology, assets or business plans, if at the time of such termination the Company owns or is acquiring a minimum of a 19% equity interest in such
entity. In the event of any such termination, the Executive shall only be entitled to receive the Executive's Accrued Benefits as of the Termination Date. 

        14.  TERMINATION
NOTICE AND PROCEDURE. 

        Any
termination by the Company or the Executive of the Executive's employment during the employment period shall be communicated by written Notice of Termination ("Notice of
Termination") to the Executive, if such Notice of Termination is delivered by the Company, and to the Company, if
such Notice of Termination is delivered by the Executive, all in accordance with the following procedures: 

        (a)  The
Notice of Termination shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and
circumstances alleged to provide a basis for termination; 

        (b)  Any
Notice of Termination by the Company shall be approved by a resolution duly adopted by a majority of the Board, or a majority of the Board may delegate such
authority to approve any Notice of Termination to the Chief Executive Officer of the Company; 

        (c)  If
the Executive shall in good faith furnish a Notice of Termination for Good Reason or for Good Reason During a Change of Control and the Company notifies the Executive
that a dispute exists concerning the existence of Good Reason or Good Reason During a Change of Control, within the fifteen (15) day period following the Company's receipt of such notice, the
Executive shall continue the Executive's employment during such dispute. If it is thereafter determined that (i) Good Reason or Good Reason During a Change of Control did exist, the Executive's
Termination Date shall be the earlier of (A) the date on which the dispute is finally determined, either by mutual written agreement of the parties or pursuant to Section 16,
(B) the date of the Executive's death or (C) one day prior to the second (2nd) anniversary of a Change of Control, if any, and the Executive's Termination Payment, if applicable, shall
reflect events occurring after the Executive delivered the Executive's Notice of Termination; or (ii) Good Reason 

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or Good Reason During a Change of Control did not exist, the employment of the Executive shall continue after such determination as if the Executive had not delivered the Notice of Termination
asserting Good Reason or Good Reason During a Change of Control; and 

        (d)  If
the Executive gives Notice of Termination of his or her employment for Good Reason or Good Reason During a Change of Control and a dispute arises as to the existence
of Good Reason or Good Reason During a Change of Control, and the Executive does not continue his employment during such dispute, and it is finally determined that the reason for termination set forth
in such Notice of Termination did not exist, if such notice was delivered by the Executive, the Executive shall be deemed to have voluntarily terminated the Executive's employment other than for Good
Reason or Good Reason During a Change of Control. 

        15.  NON-COMPETE. 

        The
Executive hereby agrees that during the term of this Agreement and for the period of one year from the termination hereof, that the Executive will not: 

        (a)  Within
any jurisdiction or marketing area in the United States in which the Company or any subsidiary thereof is doing business, own, manage, operate or control any
business of the type and character engaged in and competitive with the Company or any subsidiary thereof. For purposes of this Section 15, ownership of securities of not in excess of five
percent (5%) of any class of securities of a public company shall not be considered to be competition with the Company or any subsidiary thereof; or 

        (b)  Within
any jurisdiction or marketing area in the United States in which the Company or any subsidiary thereof is doing business, act as, or become employed as, an
officer, director, employee, consultant or agent of any business of the type and character engaged in and competitive with the Company or any of its subsidiaries; or 

        (c)  Solicit
any similar business to that of the Company's for, or sell any products that are in competition with the Company's products to, any company in the United States,
which is, as of the date hereof, or through the Termination Date, a customer or client of the Company or any of its subsidiaries, or was such a customer or client thereof within two years prior
to the Termination Date; or 

        (d)  Solicit
the employment of (i) any employee of the Company or its subsidiaries that is an employee at anytime during this term of this Agreement or during the one
year period following the termination of this Agreement, or (ii) any former employee of the Company or its subsidiaries who was employed by the Company or its subsidiaries during the one
(1) year period preceding the Termination Date. 

        For
purposes of this Section 15, any business in the 3D visualization simulation market shall be deemed to be competitive with the Company. 

        16.  REMEDIES
AND JURISDICTION. 

        (a)  The
Executive hereby acknowledges and agrees that a breach of the agreements contained in this Agreement will cause irreparable harm and damage to the Company, that the
remedy at law for the breach or threatened breach of the agreements set forth in this Agreement will be inadequate, and that, in addition to all other remedies available to the Company for such breach
or threatened breach (including, without limitation, the right to recover damages), the Company shall be entitled to injunctive relief for any breach or threatened breach of the agreements contained
in this Agreement. To enforce the provisions of this Section 16(a), the Company may seek relief from any court with proper jurisdiction and the provisions of
Section 16(b)-(d) shall not be applicable for purposes of this Section 16(a). 

10

 

        (b)  All
claims, disputes and other matters in question between the parties arising under this Agreement, shall, unless otherwise provided herein, be decided by binding
arbitration before a single independent arbitrator selected pursuant to Section 16(d). TO THE EXTENT ALLOWABLE UNDER APPLICABLE LAW, ALL DISPUTES INVOLVING ALLEGED UNLAWFUL EMPLOYMENT
DISCRIMINATION, BREACH OF CONTRACT OR POLICY, OR EMPLOYMENT TORT COMMITTED BY THE COMPANY OR A REPRESENTATIVE OF THE COMPANY, INCLUDING CLAIMS OF VIOLATIONS OF FEDERAL OR STATE DISCRIMINATION STATUTES
OR PUBLIC POLICY, SHALL BE RESOLVED PURSUANT TO THIS POLICY AND THERE SHALL BE NO RECOURSE TO COURT, WITH OR WITHOUT A JURY TRIAL. The arbitration hearing shall occur at a time and place convenient to
the parties in Salt Lake County, Utah, within thirty (30) days of selection or appointment of the arbitrator. If the Company has adopted a policy that is applicable to arbitration with
employees, the arbitration shall be conducted in accordance with said policy to the extent that the policy is consistent with this Agreement and the Federal Arbitration Act, 9 U.S.C.
§§ 1-16. If no such policy has been adopted, the arbitration shall be governed by the National Rules for the Resolution of Employment Disputes of AAA in
effect on the date of the first notice of demand for arbitration. The arbitrator shall issue written findings of fact and conclusions of law, and an award, within fifteen (15) days of the date
of the hearing unless the parties otherwise agree. 

        (c)  In
cases of breach of contract or policy, damages shall be limited to contract damages. In cases of discrimination claims prohibited by statute, the arbitrator may
direct payment consistent with the applicable statute. Issues of procedure, arbitrability, or confirmation of award shall be governed by the Federal Arbitration Act, 9 U.S.C.
§§ 1-16, except that court review of the arbitrator's award shall be that of an appellate court reviewing a decision of a trial judge sitting without a jury. 

        (d)  The
parties shall select the arbitrator from a panel list made available by the AAA. If the parties are unable to agree to an arbitrator within ten (10) days of
receipt of a demand for arbitration, the arbitrator will be chosen by alternatively striking from a list of five (5) arbitrators obtained by the Company from AAA. The Executive shall have the
first strike. 

        17.  ATTORNEYS'
FEES. 

        In
the event that either party hereunder institutes any legal proceedings in connection with its rights or obligations under this Agreement, each party in such proceeding shall be
responsible for all of its own costs incurred in connection with such proceeding, including attorneys' fees and any other fees, expenses, or costs. 

        18.  SUCCESSORS.

        This
Agreement and all rights of the Executive shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, estates, executors, administrators,
heirs and beneficiaries. In the event of the Executive's death, all amounts payable to the Executive under this Agreement shall be paid to the Executive's surviving spouse, or the Executive's estate
if the Executive dies without a surviving spouse. This Agreement shall inure to the benefit of, be binding upon and be enforceable by, any successor, surviving or resulting corporation or other entity
to which all or substantially all of the business and assets of the Company shall be transferred whether by merger, consolidation, transfer or sale. 

        19.  ENFORCEMENT.

        The
provisions of this Agreement shall be regarded as divisible, and if any of said provisions or any part hereof are declared invalid or unenforceable by a court of competent
jurisdiction, the validity and enforceability of the remainder of such provisions or parts hereof and the applicability thereof shall not be affected thereby. 

11

 

        20.  AMENDMENT
OR TERMINATION. 

        This
Agreement may not be amended or terminated during its term, except by written instrument executed by the Company and the Executive. 

        21.  SURVIVABILITY.

        The
provisions of Sections 15, 16, 17, 18, and 19 shall survive termination of this Agreement. 

        22.  ENTIRE
AGREEMENT. 

        Except
for the Confidentiality, Proprietary Information, and Inventions Agreement between the Executive and the Company, this Agreement sets forth the entire agreement between the
Executive and the Company with respect to the subject matter hereof, and supersedes all prior oral or written
agreements, negotiations, commitments and understandings with respect thereto. Prior Employment Agreements between the Executive and the Company are hereby terminated in their entirety and superceded
by this Agreement. 

        23.  VENUE;
GOVERNING LAW. 

        This
Agreement and the Executive's and Company's respective rights and obligations hereunder shall be governed by and construed in accordance with the laws of the State of Utah without
giving effect to the provisions, principles, or policies thereof relating to choice or conflicts of laws. 

        24.  NOTICE.

        All
notices, requests, instructions or other documents to be given under this Agreement shall be in writing and shall be deemed given (i) three business days following sending by
registered or certified mail, postage prepaid, (ii) when sent if sent by facsimile; provided, however, that the facsimile is promptly confirmed by telephone confirmation thereof,
(iii) when delivered, if delivered personally to the intended recipient, and (iv) one business day following sending by overnight delivery via a national courier service, and in each
case, addressed to a party at the following address for such party: 

	Company:	 	Evans & Sutherland Computer Corporation

600 Komas Drive

Salt Lake City, Utah 84108

Attn: Vice President of Human Resources

Fax: (801) 588-4517

Tel: (801) 588-1609
	Executive:	 	David B. Figgins

14 Northridge Way

Sandy, Utah 84092

Fax: (    )    -          

Tel: (801) 572-5092

or
to such other address as the Company shall have given to the Executive or, if to the Executive, to such address as the Executive shall have given to the Company or facsimile number as the party to
whom notice is given may have previously furnished to the other in writing in the manner set forth above. 

        25.  NO
WAIVER. 

        No
waiver by either party at any time of any breach by the other party of, or compliance with, any condition or provision of this Agreement to be performed by the other party shall be
deemed a waiver of similar or dissimilar provisions or conditions at the same time or any prior or subsequent time. 

12

 

        26.  HEADINGS.

        The
headings herein contained are for reference only and shall not affect the meaning or interpretation of any provision of this Agreement. 

        27.  COUNTERPARTS.

        This
Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument. 

        IN
WITNESS WHEREOF, the Company has caused this Agreement to be executed by its duly authorized officer, and the Executive has executed this Agreement, on the date and year first above
written. 

	

 	
 	

"COMPANY"
	

 	
 	

EVANS & SUTHERLAND COMPUTER CORPORATION, a Utah Corporation
	

 	
 	

By:	
 	

/s/  JAMES R. OYLER      
 James R. Oyler
 President and Chief Executive Officer
	

 	
 	

"EXECUTIVE"
	

 	
 	

By:	
 	

/s/  DAVID B. FIGGINS      
 David B. Figgins

13

QuickLinks

Exhibit 10.37QuickLinks
 -- Click here to rapidly navigate through this document

 
 

Exhibit 10.38    
  

          AMENDED AND RESTATED

EVANS & SUTHERLAND COMPUTER CORPORATION

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

(January 1, 2002)  

   TABLE OF CONTENTS  

	 
	 	 
	 	PAGE

	ARTICLE 1

STATEMENT OF PURPOSE
	

ARTICLE 2

DEFINITIONS
	2.1	 	DEFINITIONS	 	1
	

ARTICLE 3

ELIGIBILITY AND PARTICIPATION
	3.1	 	ELIGIBILITY	 	3
	3.2	 	PARTICIPATION	 	4
	3.3	 	SUICIDE	 	4
	

ARTICLE 4

RETIREMENT BENEFIT
	4.1	 	NORMAL RETIREMENT BENEFIT	 	4
	4.2	 	EARLY RETIREMENT BENEFIT	 	4
	4.3	 	DEATH AFTER COMMENCEMENT OF RETIREMENT BENEFIT	 	4
	4.4	 	ALTERNATE FORM OF PAYMENT	 	4
	4.5	 	FORFEITURE OF BENEFITS	 	5
	

ARTICLE 5

SURVIVOR BENEFIT
	5.1	 	SURVIVOR BENEFIT	 	5
	

ARTICLE 6

SEVERANCE BENEFIT
	6.1	 	SEVERANCE BENEFIT	 	5
	6.2	 	VESTED PERCENTAGE	 	5
	

ARTICLE 7

CHANGE OF CONTROL
	7.1	 	FUNDING OF TRUST ON CHANGE OF CONTROL	 	5
	7.2	 	CHANGE OF CONTROL	 	5
	

ARTICLE 8

DISABILITY BENEFIT AND AUTHORIZED LEAVE OF ABSENCE
	8.1	 	DISABILITY BENEFIT	 	6
	8.2	 	AUTHORIZED LEAVE OF ABSENCE	 	6
	

ARTICLE 9

RESTRICTIVE COVENANT
	9.1	 	RESTRICTIVE COVENANT	 	6

i

 

	

ARTICLE 10

ADMINISTRATION
	10.1	 	PLAN ADMINISTRATOR	 	6
	10.2	 	ALLOCATION OF FIDUCIARY RESPONSIBILITY	 	6
	10.3	 	POWERS OF THE PLAN ADMINISTRATOR	 	6
	10.4	 	CLAIMS	 	7
	10.5	 	CREATION OF COMMITTEE	 	8
	10.6	 	CHAIRMAN AND SECRETARY	 	8
	10.7	 	APPOINTMENT OF AGENTS	 	8
	10.8	 	MAJORITY VOTE AND EXECUTION OF INSTRUMENTS	 	8
	10.9	 	ALLOCATION OF RESPONSIBILITIES AMONG COMMITTEE MEMBERS	 	8
	10.10	 	CONFLICT OF INTEREST	 	8
	10.11	 	OTHER FIDUCIARY CAPACITIES	 	8
	10.12	 	AUTHORITY TO ESTABLISH A TRUST	 	9
	10.13	 	PREPAYMENT	 	9
	

ARTICLE 11

SCOPE OF RESPONSIBILITY
	11.1	 	SCOPE OF RESPONSIBILITY	 	9
	

ARTICLE 12

AMENDMENT, MERGER AND TERMINATION
	12.1	 	AMENDMENT	 	9
	12.2	 	MERGER OR CONSOLIDATION OF COMPANY	 	11
	12.3	 	TERMINATION OF PLAN OR DISCONTINUANCE OF CONTRIBUTIONS	 	10
	12.4	 	LIMITATION OF COMPANY LIABILITY	 	10
	

ARTICLE 13

COMPANY-OWNED LIFE INSURANCE
	13.1	 	COMPANY OWNS ALL RIGHTS	 	10
	13.2	 	PARTICIPANT COOPERATION	 	10
	13.3	 	PARTICIPANT MISREPRESENTATION	 	10
	

ARTICLE 14

MISCELLANEOUS
	14.1	 	NONALIENATION OF BENEFITS	 	11
	14.2	 	UNSECURED COMPANY LIABILITY	 	11
	14.3	 	NO EMPLOYMENT AGREEMENT	 	11
	14.4	 	DESIGNATION OF BENEFICIARY	 	11
	14.5	 	PAYMENT TO INCOMPETENTS	 	11
	14.6	 	BINDING EFFECT	 	11
	14.7	 	ENTIRE PLAN	 	11
	14.8	 	ENFORCEABILITY	 	11
	

ARTICLE 15

CONSTRUCTION
	15.1	 	GOVERNING LAW	 	12
	15.2	 	GENDER	 	12
	15.3	 	HEADINGS, ETC	 	12

ii

   Exhibit 10.38  

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN  

ARTICLE 1

STATEMENT OF PURPOSE  

        Effective, July 1, 1995, EVANS & SUTHERLAND COMPUTER CORPORATION, a Utah corporation, adopted the Evans & Sutherland Computer Corporation
Supplemental Executive Retirement Plan (the "Plan") in order to provide its key executives a retirement benefit that supplements the benefit to which they may be entitled under the Evans &
Sutherland Computer Corporation Defined Benefit Pension Plan. The Plan was subsequently amended on five (5) separate occasions and subsequently amended and restated to incorporate each of the
adopted amendments. The Plan is again restated to freeze the rate of Compensation for active Participants and to provide that no new Participants will be added to the Plan after January 1,
2002. 

ARTICLE 2

DEFINITIONS  

        2.1    DEFINITIONS.    When a word or phrase shall appear in this Plan with the initial letter
capitalized, and the word or phrase does not commence a sentence, the word or phrase shall generally be a term defined in this ARTICLE 2. The following words and phrases utilized in the Plan with the
initial letter
capitalized shall have the meanings set forth in this ARTICLE 2, unless a clearly different meaning is required by the context in which the word or phrase is used: 

        (a)  "ACTUARIAL EQUIVALENT" means of equal current value when computed on the basis of actuarial procedures, assumptions,
factors, and tables adopted by the Plan Administrator from time to time or as used by an independent actuary hired by the Plan Administrator. Actuarial Equivalent factors are the appropriate numerical
ratios which enable a benefit that is Actuarially Equivalent to another benefit to be calculated. 

        (b)  "AVERAGE BASE COMPENSATION" means the Participant's base compensation for each of the three (3) consecutive
calendar years of his employment with the Company during which he is a Participant in the Plan that produces the highest annual average. If a Participant has been employed by the Company for
more than one (1) but less than three (3) calendar years, the Participant's Average Base Compensation shall be based upon that Participant's actual calendar years of employment.
If a Participant has been employed by the Company for less than one (1) year, the Participant's Average Base Compensation shall be equal to the Participant's base salary for that year. For
purposes of this definition, the term "base compensation" means the Participant's base compensation for the applicable calendar year, but shall also include base compensation deferred by the
Participant during such calendar year under the Evans & Sutherland Computer Corporation 401(k) Deferred Savings Plan and the Evans & Sutherland Computer Corporation Executive
Savings Plan (all other forms of compensation shall be disregarded for purposes of this Plan). Notwithstanding any other provision in this Section 2.1(b), any adjustments to a Participant's
base salary that occurs after January 1, 2002, shall not be taken into account in determining a Participant's Average Base Compensation. 

        (c)  "BENEFICIARY" means any person or persons designated by a Participant in writing on a form satisfactory to the Plan
Administrator. In the absence of any living designated beneficiary, a Participant's Beneficiary shall be the Participant's surviving spouse. If there is no surviving spouse, the Participant's
Beneficiary shall be the Participant's estate. 

1

 

        (d)  "BOARD" means the Board of Directors of the Evans & Sutherland Computer Corporation. 

        (e)  "CAUSE" means the termination of a Participant's employment with the Company for any one or more of the following
reasons: (a) embezzlement or theft from the Company, or other acts of dishonesty in dealing with the Company; (b) use by the Participant of alcohol, drugs, narcotics, or other controlled
substances to such an extent that the Participant's ability to perform his duties as an employee of the Company is materially impaired; (c) conviction of a crime amounting to a felony under the
laws of the United States of America or any of the states; (d) when the seriousness of an initial infraction is of such gravity that termination is warranted; or (e) when prior attempts
through corrective counseling have failed to improve performance, attendance, conduct, or any combination thereof. The determination of whether or not Cause exists shall be made by the Plan
Administrator. 

        (f)    "CHANGE OF CONTROL" means any of the following: (i) the Company executes a definitive agreement to merge or
consolidate with or into another corporation in which the Company is not the surviving corporation and the Company's common stock is converted into or exchanged for stock or securities of any other
corporation, cash, or any other thing of value; (ii) the Company executes a definitive agreement to sell or otherwise dispose of substantially all its assets; (iii) the Company undergoes
a change of control of the nature required to be reported in response to item 6(e) of Schedule 14A promulgated under the Securities Exchange Act of 1934, as amended; (iv) a public
announcement that more than thirty percent (30%) of the Company's then outstanding voting stock has been acquired by any person or group; or (v) a change is made in the membership of the Board
resulting in a membership of which less than a majority were also members of the Board on the date two years prior to such change, unless the election, or the nomination for election by the
stockholders of the Company, of each new director was approved by the vote of at last two-thirds of the directors then still in office who were directors on the date two years prior
to such change. 

        (g)  "COMPANY" means Evans & Sutherland Computer Corporation, a Utah corporation, including any subsidiaries,
successors, and assigns thereto. 

        (h)  "DISABILITY" means the injury or sickness of the Participant, such that he is unable to perform the substantial and
material duties of his regular occupation with the Company (determined at the time of such Disability), and which requires the Participant to be under the care of a licensed physician (unless the Plan
Administrator determines that a physician's care would be of no further benefit to the Participant). A Participant shall be presumed to be Disabled if the injury or sickness causes the Participant to
totally and irrevocably lose speech, hearing in both ears, sight in both eyes, use of both hands, both feet, or one hand and one foot even if the Participant is able to continue work for the Company.
The Plan Administrator's determination of Disability shall be conclusive and binding on all parties. 

        (i)    "EARLY RETIREMENT DATE" means a date on which a Participant retires from the Company on or after attaining age
fifty-five (55) and at least one (1) Year of Participation in the Plan after having completed at least five (5) Years of Service with the Company. 

        (j)    "EFFECTIVE DATE" means July 1, 1995. The Effective Date of this Amended and Restated Plan is January 1,
2002. 

        (k)  "NORMAL RETIREMENT DATE" means the date on which a Participant retires from the Company on or after attaining age
sixty-five (65) after having completed at least one (1) Year of Participation in the Plan. 

        (l)    "PARTICIPANT" means an employee of the Company selected by the Compensation Committee of the Board for participation in
the Plan in accordance with Section 3 hereof, and 

2

 

who has not for any reason become ineligible to participate further in this Plan. Except as provided in the foregoing sentence, an individual shall be deemed to continue as a Participant until all
benefits payable to the Participant under this Plan have been distributed. 

        (m)  "PLAN" means the Evans & Sutherland Computer Corporation Supplemental Executive Retirement Plan, as amended. 

        (n)  "PLAN YEAR" means for Plan Years beginning before July 1, 1999, the twelve month period commencing on
July 1 of each year and ending on June 30 of each year. For Plan Years beginning on July 1, 1999, Plan Year means the twelve month period commencing on January 1 of each
year and ending on December 31 of each year. Notwithstanding the foregoing, the Plan Year commencing on July 1, 1999, shall end on December 31, 1999, resulting in a short Plan
Year. 

        (o)  "SERP AGREEMENT" means a written agreement between a Participant and the Plan Administrator. 

        (p)  "TRUST AGREEMENT" means the agreement entered into between the Company and the Trustee. 

        (q)  "TRUST FUND" means the fund established by the Company pursuant to the terms of the Trust Agreement as may be established
under this Plan. 

        (r)  "TRUSTEE" means the individual, individuals, or entity selected by the Company to act as such. The Trustee shall
acknowledge acceptance and appointment by the execution of the Trust Agreement or, in the case of a successor Trustee, by the execution of an appropriate written instrument. If the Company appoints
two or more individuals or entities to act jointly as the Trustee, the term "Trustee" shall refer collectively to all such individuals or entities. 

        (s)  "YEAR OF PARTICIPATION" means a period of twelve (12) consecutive months during which a Participant has
participated in the Plan. 

        (t)    "YEAR OF SERVICE" means a Plan Year during which a Participant is employed by the Company and has completed 1,000 or more
"hours of service" as such term is defined in DOL Reg. § 2530.200b-2. In determining a Participant's Years of Service for purposes of determining the Participant's benefit
under ARTICLES 4, 7, and 8, Years of Service prior to July 1, 1995 (up to a maximum of ten) shall be counted. In determining a Participant's Years of Service for purposes of determining the
Participant's
vested Severance Benefit under Section 6.2, Years of Service prior to July 1, 1995 shall not be counted. Notwithstanding the above, if an employee of the Company is first selected to
participate in the Plan on or after January 1, 1999, the Participant's service with the Company prior to the date the Participant was selected to participate in the Plan shall not be counted in
determining the Participant's Years of Service for purposes of determining the Participant's benefit under ARTICLES 4, 7, and 8 and the Participant's vested Severance Benefit under Section 6.2.
In addition, the Plan Administrator shall have the right, in its sole and absolute discretion, to grant additional Years of Service to selected Participants for purposes of Articles, 4, 6, and 8,
notwithstanding that the Participant had not completed or otherwise would not be credited with such Years of Service under the above definition. 

ARTICLE 3

ELIGIBILITY AND PARTICIPATION  

        3.1    ELIGIBILITY.    Participation in the Plan shall be limited to those individuals who are
members of a "select group of management or highly compensated employees" for purposes of Title I of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"). From among these
individuals, the Compensation Committee of the Board (the "Compensation Committee"), in its sole discretion, shall select employees of the Company who are eligible to become Participants. 

3

 

Notwithstanding anything in the Plan to the contrary, effective as of January 1, 2002, the Compensation Committee shall not have the authority to add any new Participant in the Plan. 

        3.2    PARTICIPATION.    The Plan Administrator shall notify those employees selected for
participation of the benefits available under the Plan. An eligible employee becomes a Participant in the Plan after he is selected to participate and has signed and delivered to the Plan
Administrator a SERP Agreement. Thereafter, a Participant shall remain a Participant as long as he is continuously employed by the Company, or until his participation is terminated by the Compensation
Committee. 

        3.3    SUICIDE.    Notwithstanding anything in this Plan or any SERP Agreement to the
contrary, a Participant who commits suicide within two (2) years after the effective date of his participation in the Plan, shall not be entitled to any benefit under the Plan. Likewise, no
Beneficiary claiming under any such Participant shall be entitled to any benefit under the Plan. 

ARTICLE 4

RETIREMENT BENEFIT  

        4.1    NORMAL RETIREMENT BENEFIT.    If a Participant is continually employed by the Company
until his Normal Retirement Date, he shall be entitled to receive an annual normal retirement benefit equal to the amount determined under the following formula: 

(X-Y) × A
/ B 

	X
	= 66.7%
 of the Participant's Average Base Compensation.

	Y
	= The
 annual benefit payable to the Participant under the Evans & Sutherland Computer Corporation Defined Benefit Pension Plan.

	A
	= The
 Participant's total number of Years of Service with the Company at the time of determination (up to a maximum number of ten).

	B
	= Ten.
 

        This
annual normal retirement benefit shall be payable in equal monthly installments commencing on the first day of the month following the Participant's Normal Retirement Date and shall
continue for the remainder of the Participant's life. 

        4.2    EARLY RETIREMENT BENEFIT.    If a Participant is continually employed by the Company
until his Early Retirement Date, he shall be entitled to receive an annual early retirement benefit equal to the Actuarial Equivalent of his normal retirement benefit as determined in
Section 4.1. This annual early retirement benefit shall be payable in equal monthly installments commencing on the first day of the month following the Participant's Early Retirement Date and
shall continue for the remainder of the Participant's life. 

        4.3    DEATH AFTER COMMENCEMENT OF RETIREMENT BENEFIT.    If a Participant dies after normal
or early retirement benefits have commenced, but prior to receiving twelve (12) monthly payments, such monthly payments shall be continued to the Participant's Beneficiary until the total
number of monthly payments made to the Participant and the Beneficiary equals twelve (12). If the Participant dies after having received twelve (12) or more monthly payments, no further
benefits shall be paid to the Participant or to the Participant's Beneficiary. The provisions of this Section 4.3 shall not apply if the Participant elects a joint and survivor annuity form of
payment. 

        4.4    ALTERNATE FORM OF PAYMENT.    The Plan Administrator may, in its sole and absolute
discretion, approve a retiring Participant's request of an alternate form of payment of the benefit, in which case such payments shall equal the Actuarial Equivalent of the normal form of benefit
hereunder, which is straight life annuity. Such a request must be made before the Participant terminates employment. 

4

 

        4.5    FORFEITURE OF BENEFITS.    Notwithstanding any provision in this Plan to the contrary,
a Participant shall forfeit all benefits under the Plan if his employment with the Company is terminated for Cause or if he violates the restrictive covenant set forth in ARTICLE 9. 

ARTICLE 5

SURVIVOR BENEFIT  

        5.1    SURVIVOR BENEFIT.    If a Participant dies while employed by the Company, the Company
shall pay to the Participant's Beneficiary an annual benefit equal to 44.44% of the Participant's Average Base Compensation, determined as of the date of the Participant's death. This annual benefit
shall be payable in equal monthly installments commencing on the first day of the month following the Participant's death and shall continue for the lesser of twenty (20) years or the life of
the Beneficiary. 

ARTICLE 6

SEVERANCE BENEFIT  

        6.1    SEVERANCE BENEFIT.    If a Participant terminates employment with the Company prior to
his Early Retirement Date, other than by reason of death, Disability, or for Cause, the Participant shall be entitled to receive an annual severance benefit equal to the vested percentage of the
Actuarial Equivalent of his normal retirement benefit as determined in Section 4.1. Effective February 18, 1998, the annual severance benefit shall be payable in equal monthly
installments over a ten year period commencing on the first day of the month following the later of (i) the Participant's termination of employment with the Company, or (ii) the month
the Participant reaches age 55. 

        6.2    VESTED PERCENTAGE.    A Participant's vested percentage shall be determined in
accordance with the following schedule: 

	Years of Service
 
	 	Vested Percentage

	Less than 1	 	0%
	1 but less than 2	 	331/3%
	2 but less than 3	 	662/3%
	3 or more	 	100%

        If
a Participant terminates employment prior to attaining his Early Retirement Date, other than by reason of death or Disability, before completing at least one Year of Service, the
Participant shall not be entitled to any benefits under the Plan. Likewise, no Beneficiary claiming under any such Participant shall be entitled to any benefit under the Plan. 

ARTICLE 7

CHANGE OF CONTROL  

        7.1    FUNDING OF TRUST ON CHANGE OF CONTROL.    In the event of a Change of Control, the
Company shall immediately transfer to the Trust Fund an amount of cash or other property equal to the Actuarial Equivalent of each Participant's normal retirement benefit, as determined under Sections
4.1 and 7.2, determined as of the date of the Change of Control. Such transferred amount will be reduced by the cash and other property held by the Trust Fund as of one day after the date of the
Change of Control. 

        7.2    CHANGE OF CONTROL.    Notwithstanding anything in this Plan to the contrary, upon a
Change of Control, the Participant shall be entitled to a benefit equal to the Actuarial Equivalent of his Normal Retirement Benefit, as determined under Section 4.1, determined as of the date
of the Participant's termination of employment. For purposes of calculating a Participant's Normal Retirement Benefit
under this Section 7.2, a Participant shall be deemed to have ten (10) Years of Service with the Company and at least one (1) Year of Participation in the Plan and shall be
automatically 100% vested 

5

 

in his benefit no matter how many Years of Service or Years of Participation the Participant actually has at termination of employment. Such benefit shall be paid in a lump sum within sixty
(60) days of the Participant's Termination of Employment with the Company. 

ARTICLE 8

DISABILITY BENEFIT AND AUTHORIZED LEAVE OF ABSENCE  

        8.1    DISABILITY BENEFIT.    Notwithstanding anything to the contrary herein, if a
Participant's employment with the Company is terminated prior to attaining age 55 as a result of the Participant's Disability, the Participant shall be entitled to an annual benefit equal to the
Actuarial Equivalent of his normal retirement benefit as determined under Section 4.1. For purposes of calculating the Participant's normal retirement benefit under this Section 8.1, a
Participant shall be deemed to have ten (10) Years of Service with the Company and at least one (1) Year of Participation in the Plan. A Participant's Disability benefit shall commence
as of the first day of the month after the Participant attains age 55. 

        8.2    AUTHORIZED LEAVE OF ABSENCE.    A Participant's employment with the Company shall not
be deemed to have terminated for purposes of this Plan during any authorized leave of absence. 

ARTICLE 9

RESTRICTIVE COVENANT  

        9.1    RESTRICTIVE COVENANT.    If, during the three-year period following a
Participant's termination of employment with, or retirement from, the Company, the Participant owns (other than a less than one percent (1%) ownership interest in a publicly-traded entity), manages,
operates, joins, controls, is employed by, or participates in the ownership, management, operation, or control of, or is connected in any manner with, any business that competes with the Company, the
Participant shall forfeit his benefits under this Plan. 

ARTICLE 10

ADMINISTRATION  

        10.1    PLAN ADMINISTRATOR.    The Employer shall be the Plan Administrator, but it may
delegate its duties as such to a committee appointed in accordance with Section 10.5. 

        10.2    ALLOCATION OF FIDUCIARY RESPONSIBILITY.    The Plan Administrator is the named
fiduciary with respect to the administration of the Plan. It shall not be responsible for any fiduciary functions or other duties assigned to the Trustee pursuant to this Plan or the Trust Agreement. 

        10.3    POWERS OF THE PLAN ADMINISTRATOR.    

        (a)  GENERAL POWERS. The Plan Administrator shall have the power and discretion to perform the administrative duties described
in this Plan or required for proper administration of the Plan and shall have all powers necessary to enable it to properly carry out such duties. Without limiting the generality of the foregoing, the
Plan Administrator shall have the power and discretion to construe and interpret this Plan, to hear and resolve claims relating to this Plan, and to decide all questions and disputes arising under
this Plan. The Plan Administrator shall determine, in its discretion, the service credited to the Participants, the status and rights of a Participant, and the identity of the Beneficiary or
Beneficiaries entitled to receive any benefits payable hereunder on account of the death of a Participant. 

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        (b)  BENEFIT PAYMENTS. Except as is otherwise provided hereunder, the Plan Administrator shall determine the manner and time
of payment of benefits under this Plan. Any benefit disbursements by the Trustee shall be made upon the instructions of the Plan Administrator. 

        (c)  DECISIONS FINAL. The decision of the Plan Administrator upon all matters within the scope of its authority shall be
binding and conclusive upon all persons. 

        (d)  REPORTING AND DISCLOSURE. The Plan Administrator shall file all reports and forms lawfully required to be filed by the
Plan Administrator with any governmental agency or department, federal, or state, and shall distribute any forms, reports, statements or plan descriptions lawfully required to be distributed to
Participants and others by any governmental agency or department, federal or state. 

        10.4    CLAIMS.    

        (a)  FILING OF CLAIM. A Participant or Beneficiary entitled to benefits need not file a written claim to receive
benefits. If an employee, Participant, Beneficiary, or any other person is dissatisfied with the determination of his benefits, eligibility, participation, or any other right or interest under this
Plan, such person may file a written statement setting forth the basis of the claim with the Plan Administrator in a manner prescribed by the Plan Administrator. In connection with the
determination of a claim, or in connection with review of a denied claim, the claimant may examine this Plan and any other pertinent documents generally available to Participants relating to the claim
and may submit comments in writing. 

        (b)  NOTICE OF DECISION. A written notice of the disposition of any such claim shall be furnished to the claimant within
thirty (30) days after the claim is filed with the Plan Administrator, provided that the Plan Administrator may have an additional period to decide the claim if it advises the claimant in
writing of the need for an extension and the date on which it expects to decide the claim. The notice of disposition of a claim shall refer, if appropriate, to pertinent provisions of this Plan, shall
set forth in writing the reasons for denial of the claim if the claim is denied (including references to any pertinent provisions of this Plan), and where appropriate shall explain how the claimant
can perfect the claim. 

        (c)  REVIEW. If the claim is denied, in whole or in part, the claimant shall also be notified in writing that a review
procedure is available. Thereafter, within ninety (90) days after receiving the written notice of the Plan Administrator's disposition of the claim, the claimant may request in writing, and
shall be entitled to, a review meeting with the Plan Administrator to present reasons why the claim should be allowed. The claimant shall be entitled to be represented by counsel at the review
meeting. The claimant also may submit a written statement of his claim and the reasons for granting the claim. Such statement may be submitted in addition to, or in lieu of, the review meeting with
the Plan Administrator. The Plan Administrator shall have the right to request of and receive from a claimant such additional information, documents, or other evidence as the Plan Administrator may
reasonably require. If the claimant does not request a review meeting within ninety (90) days after receiving written notice of the Plan Administrator's disposition of the claim, the claimant
shall be deemed to have accepted the Plan Administrator's written disposition, unless the claimant shall have been physically or mentally incapacitated so as to be unable to request review within the
ninety (90) day period. 

        (d)  DECISION FOLLOWING REVIEW. A decision on review shall be rendered in writing by the Plan Administrator ordinarily not
later than sixty (60) days after review, and a written copy of such decision shall be delivered to the claimant. If special circumstances require an extension of the ordinary period, the Plan
Administrator shall so notify the claimant. In any event, if a claim is 

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not determined within one hundred twenty (120) days after submission for review, it shall be deemed to be denied. 

        (e)  DECISIONS FINAL; PROCEDURES MANDATORY. To the extent permitted by law, a decision on review by the Plan Administrator
shall be binding and conclusive upon all persons whomsoever. To the extent permitted by law, completion of the claims procedures described in this Section shall be a mandatory precondition that must
be complied with prior to commencement of a legal or equitable action in connection with the Plan by a person claiming rights under the Plan or by another person claiming rights through such a person.
The Plan Administrator may, in its sole discretion, waive these procedures as a mandatory precondition to such an action. 

        10.5    CREATION OF COMMITTEE.    The Company may appoint a committee to perform its duties as
Plan Administrator by the adoption of appropriate Board resolutions. The committee shall consist of at least two (2) members, and they shall hold office during the pleasure of the Board. The
committee members shall serve without compensation but shall be reimbursed for all expenses by the Company. The committee shall conduct itself in accordance with the provisions of this ARTICLE TEN.
The members of the committee may resign with thirty (30) days notice in writing to the Company and may be removed immediately at any time by written notice from the Company. 

        10.6    CHAIRMAN AND SECRETARY.    The committee shall elect a chairman from among its members
and shall select a secretary who is not required to be a member of the committee and who may be authorized to execute any document or documents on behalf of the committee. The secretary of the
committee or his designee shall record all acts and determinations of the committee and shall preserve and retain custody of all such records, together with such other documents as may be necessary
for the administration of this Plan or as may be required by law. 

        10.7    APPOINTMENT OF AGENTS.    The committee may appoint such other agents, who need not be
members of the committee, as it may deem necessary for the effective performance of its duties, whether ministerial or discretionary, as the committee may deem expedient or appropriate. The
compensation of any agents who are not employees of the Company shall be fixed by the committee within any limitations set by the Board. 

        10.8    MAJORITY VOTE AND EXECUTION OF INSTRUMENTS.    In all matters, questions, and
decisions, the action of the committee shall be determined by a majority vote of its members. They may meet informally or take any ordinary action without the necessity of meeting as a group. All
instruments executed by the committee shall be executed by a majority of its members or by any member of the committee designated to act on its behalf. 

        10.9    ALLOCATION OF RESPONSIBILITIES AMONG COMMITTEE MEMBERS.    The committee may allocate
responsibilities among its members or designate other persons to act on its behalf. Any allocation or designation, however, must be set forth in writing and must be retained in the permanent records
of the committee. 

        10.10      CONFLICT OF INTEREST.    No member of the committee who is a
Participant shall take any part in any action in connection with his participation as an individual. Such action shall be voted or decided by the remaining members of the committee. 

        10.11      OTHER FIDUCIARY CAPACITIES.    The members of the committee may also
serve in any other fiduciary capacity, and, specifically, all or some members of the committee may serve as Trustee. Notwithstanding any other provision of this Plan, if and so long as any two
(2) members of the committee also serve as Trustee, any provision of this Plan or the Trust Agreement which requires a direction, certification, notification, or other communication from the
Plan Administrator to the Trustee shall be inapplicable. If and so long as any two (2) members of the committee also serve as Trustee, any action taken by either the committee or the Trustee
shall be deemed to be taken by the appropriate party. 

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        10.12      AUTHORITY TO ESTABLISH A TRUST.    The Company shall have the right at
any time to establish a trust to which the Company may transfer from time to time certain assets to be used by the Trustee to satisfy some or all of the Company's obligations and liabilities under the
Plan. All assets held by the Trust Fund shall be subject to the claims of the Company's creditors in the event of the Company's Insolvency (as defined in the Trust Agreement). 

        10.13      PREPAYMENT.    The Plan Administrator may, in its sole and absolute
discretion, prepay all or any part of the monthly installments remaining to be paid to the Participant or the Beneficiary under this Plan. The amount of such prepayment shall equal the Actuarial
Equivalent of the remaining monthly installments being prepaid, as determined by the Plan Administrator using an independent actuary, and receipt thereof by the Participant or Beneficiary shall be in
full satisfaction of all remaining obligations of the Company under the Plan. 

ARTICLE 11

SCOPE OF RESPONSIBILITY  

        11.1    SCOPE OF RESPONSIBILITY.    

        (a)  GENERAL. The Company, the Plan Administrator and the Trustee shall perform the duties respectively assigned to them under
this Plan and the Trust Agreement and shall not be responsible for performing duties assigned to others under the terms and provisions of this Plan or the Trust Agreement. No inference of approval or
disapproval is to be made from the inaction of any party described above or the employee or agent of any of them with regard to the action of any other such party. Persons, organizations, or
corporations acting in a position of any fiduciary responsibility with respect to the Plan or the Trust Fund may serve in more than one fiduciary capacity. 

        (b)  ADVISORS. The Company, the Plan Administrator, and the Trustee shall have authority to employ advisors, legal counsel,
accountants, and actuaries in connection with the administration of the Plan and the Trust Fund, as set forth in the Trust Agreement. To the extent permitted by applicable law, the Company, the Plan
Administrator, and the Trustee shall not be liable for complying with the directions of any advisors, legal counsel, or accountants appointed pursuant to this Plan or the Trust Agreement. 

        (c)  INDEMNIFICATION. To the extent permitted by law, the Company shall and does hereby jointly and severally indemnify and
agree to hold harmless its employees, officers, and directors who serve in fiduciary capacities with respect to the Plan and the Trust Agreement from all loss, damage, or liability, joint or several,
including payment of expenses in connection with defense against any such claim, for their acts, omissions, and conduct, and for the acts, omissions, and conduct of their duly appointed agents, which
acts, omissions, or conduct constitute or are alleged to constitute a breach of such individual's fiduciary or other responsibilities under ERISA or any other law, except for those acts, omissions, or
conduct resulting from his own willful misconduct, willful failure to act, or gross negligence; provided, however, that if any party would otherwise be entitled to indemnification hereunder in respect
of any liability and such party shall be insured against loss as a result of such liability by any insurance contract or contracts, such party shall be entitled to indemnification hereunder only to
the extent by which the amount of such liability shall exceed the amount thereof payable under such insurance contract or contracts. 

ARTICLE 12

AMENDMENT, MERGER AND TERMINATION  

        12.1    AMENDMENT.    The Company shall have the right at any time, by an instrument in
writing duly executed, acknowledged and delivered to the Plan Administrator and the Trustee, to modify, alter or amend this Plan; provided, however, that the duties and liabilities of the Plan
Administrator and the 

9

 

Trustee hereunder shall not be substantially increased without their written consent; and provided further that the amendment shall not reduce any Participant's interest in the Plan, calculated as of
the date on which the amendment is adopted. 

        12.2    MERGER OR CONSOLIDATION OF COMPANY.    The Plan shall not be automatically terminated
by the Company's acquisition by or merger into any other employer, but the Plan shall be continued after such acquisition or merger if the successor employer elects and agrees to continue the Plan and
to become a party to the Trust Agreement. All rights to amend, modify, suspend, or terminate the Plan shall be transferred to the successor employer, effective as of the date of the merger and
provided specifically that the successor employer shall not have the right to amend the Plan to reduce any Participant's interest in the Plan, calculated as of the date on which any amendment is
adopted. 

        12.3    TERMINATION OF PLAN OR DISCONTINUANCE OF CONTRIBUTIONS.    It is the expectation of
the Company that this Plan will be continued indefinitely. However, continuance of the Plan is not assumed as a contractual obligation of the Company, and the right is reserved at any time to
terminate this Plan or to reduce, temporarily suspend, or discontinue contributions hereunder, provided that any such termination, reduction, suspension, or discontinuance of contributions shall not
reduce any Participant's interest in the Plan, calculated as of the date such action is taken. 

        12.4    LIMITATION OF COMPANY LIABILITY.    The adoption of this Plan is strictly a voluntary
undertaking on the part of the Company and shall not be deemed to constitute a contract between the Company and any Employee or Participant or to be consideration for, an inducement to, or a condition
of the employment of any employee. A Participant, employee, or Beneficiary shall not have any right to retirement or other benefits except to the extent provided herein. 

ARTICLE 13

COMPANY-OWNED LIFE INSURANCE  

        13.1    COMPANY OWNS ALL RIGHTS.    In the event that, in its discretion, the Company
purchases a life insurance policy or policies insuring the life of any Participant to allow the Company to informally finance and/or recover, in whole or in part, the cost of providing the benefits
hereunder, neither the Participant nor any Beneficiary shall have any rights whatsoever therein. The Company shall be the sole owner and beneficiary of any such policy or policies and shall possess
and may exercise all incidents of ownership therein, except that the Company may transfer such policies to the Trust Fund at such time, or upon such event, that the Company deems appropriate. 

        13.2    PARTICIPANT COOPERATION.    If the Company decides to purchase a life insurance policy
or policies on any Participant, the Company will so notify each Participant. Each Participant shall consent to being insured for the benefit of the Company and shall take whatever actions may be
necessary to enable the Company to timely apply for and acquire such life insurance and to fulfill the requirements of the insurance carrier relative to the issuance thereof as a condition of
eligibility to participate in the Plan. 

        13.3    PARTICIPANT MISREPRESENTATION.    If: (a) any Participant is required by this
Plan to submit information to any insurance carrier; and (b) the Participant makes a material misrepresentation in any application for such insurance; and (c) as a result of that
material misrepresentation the insurance carrier is not required to pay all or any part of the proceeds provided under that insurance, then the Participant's (or the Participant's Beneficiary's)
rights to any benefits under this Plan may be, at the sole discretion of the Board, reduced or forfeited. 

10

 

ARTICLE 14

MISCELLANEOUS  

        14.1    NONALIENATION OF BENEFITS.    No right or benefit under this Plan shall be subject to
anticipation, alienation, sale, assignment, pledge, encumbrance, or charge, and any attempt to anticipate, alienate, sell, assign, pledge, encumber, or charge any right or benefit under this Plan
shall be void. No such right or benefit shall in any manner be liable for or subject to the debts, contracts, liabilities, or torts of the person entitled thereto. 

        14.2    UNSECURED COMPANY LIABILITY.    The obligation of the Company to make payments to a
Participant under this Plan shall constitute an unsecured liability of the Company. Such payments shall be made from the general funds of the Company, and the Company shall not be required to
establish or maintain any special or separate fund, to purchase or acquire life insurance on a Participant's life, or otherwise to segregate assets to assure that such payments shall be made. Neither
a Participant nor any
other person shall have any interest in any particular asset of the Company by reason of its obligation hereunder, and the right of any of them to receive payments under this Plan shall be no greater
than the right of any other unsecured general creditor of the Company. 

        14.3    NO EMPLOYMENT AGREEMENT.    Neither the execution of this Plan or any SERP Agreement
nor any other action taken by the Company pursuant to this Plan shall beheld or construed to confer on a Participant any legal right to be continued as an employee of the Company or to restrict the
right of the Company to terminate his employment. 

        14.4    DESIGNATION OF BENEFICIARY.    Each Participant shall file with the Company a notice
in writing, in a form acceptable to the Board, designating one or more Beneficiaries to whom payments becoming due by reason of or after his death shall be made. Participants shall have the right to
change the Beneficiary or Beneficiaries so designated from time to time; provided, however, that no such change shall become effective until received in writing and acknowledged by the Company. 

        14.5    PAYMENT TO INCOMPETENTS.    The Company shall make the payments provided herein
directly to the Participant or Beneficiary entitled thereto or, if such Participant or Beneficiary has been determined by a court of competent jurisdiction to be mentally or physically incompetent,
then payment shall be made to the duly appointed guardian, committee, or other authorized representative of such Participant or Beneficiary. The Company shall have the right to make payment directly
to a Participant or Beneficiary until it has received actual notice of the physical or mental incapacity of such Participant or Beneficiary and actual notice of the appointment of a duly authorized
representative of his estate. 

        14.6    BINDING EFFECT.    Obligations incurred by the Company pursuant to this Plan shall be
binding upon and inure to the benefit of the Company, its successors, and assigns, and the Participant, his Beneficiaries, personal representatives, heirs, and legatees. 

        14.7    ENTIRE PLAN.    This document and any amendments hereto contain all the terms and
provisions of the Plan and shall constitute the entire Plan and all other alleged terms or provisions shall have no effect. 

        14.8    ENFORCEABILITY.    If any term or condition of this Plan shall be invalid or
unenforceable to any extent or in any application, then the remainder of the Plan, and such term or condition except to such extent or in such application, shall to be affected thereby, and each and
every term and condition of the Plan shall be valid and enforced to the fullest extent and in the broadest application permitted by law. 

11

 

ARTICLE 15

CONSTRUCTION  

        15.1    GOVERNING LAW.    This Plan shall be construed and governed in accordance with the
laws of the State of Utah to the extent not preempted by Federal law. 

        15.2    GENDER.    The masculine gender, where appearing in the Plan, shall be deemed to
include the feminine gender, and the singular may include the plural, unless the context clearly indicates to the contrary. 

        15.3    HEADINGS, ETC.    All headings used in this Plan are for convenience of reference only
and are not part of the substance of this Plan. 

        IN
WITNESS WHEREOF, this Plan, having been duly approved and adopted by the Board of Directors of the Company, is executed, by the duly authorized officers of the Company as of the
Effective Date. 

	

 	
 	
EVANS & SUTHERLAND COMPUTER CORPORATION
	

 	
 	

By:	
 	

/s/  JAMES R. OYLER      

	 	 	Name:	 	James R. Oyler
	 	 	Title:	 	President & CEO

12

QuickLinks

Exhibit 10.38

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00048-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00048-of-00352.parquet"}]]