Document:

Amendment to Registration Rights Agreement

 Exhibit 10.1 
  
 AMENDMENT TO REGISTRATION RIGHTS AGREEMENT 
  
 This AMENDMENT dated as of February 23, 2005 (this “Amendment”) to the Registration Rights Agreement (the
“Agreement”), dated as of January 27, 2005, by and among eMerge Interactive, Inc. (the “Company”), Omicron Master Trust, Cranshire Capital, LP and Steelhead Investments Ltd. (the “Investors”) is entered into by and
among the Company and each of the Investor. 
  
 RECITALS

  
 WHEREAS, the Company and each Investor desire that the
Agreement be amended as set forth herein. 
  
 NOW, THEREFORE, the
parties hereby agree as follows: 
  
 1. Defined
Terms. Any and all initially capitalized terms set forth without definition in this Amendment shall have the respective meanings ascribed thereto in the Agreement. 
  
 2. Amendment. The definitions of “Effectiveness Date” and “Filing Date” in Section 1 of
the Agreement are hereby amended and restated to read as follows: 
  
 “Effectiveness Date” means (a) with respect to the initial Registration Statement required to be filed pursuant to Section 2(a), the earlier of: (a)(i) the 120th day following the Closing Date and (ii) the fifth Trading Day following the date on which the Company is notified by the Commission that the initial
Registration Statement will not be reviewed or is no longer subject to further review and comments, and (b) with respect to any additional Registration Statements that may be required pursuant to Section 2(b), the 90th day following the date on which the Company first knows, or reasonably should have known, that such additional Registration
Statement is required under such Section. 
  
 “Filing
Date” means (a) with respect to the initial Registration Statement required to be filed pursuant to Section 2(a), the 60th day following the Closing Date, and (b) with respect to any additional Registration Statements that may be required pursuant to Section 2(b), the 30th day following the date on which the Company first knows, or reasonably should have known, that such additional Registration Statement is required under such
Section. 
  
 3. Effectiveness. This Amendment shall
become effective on the date hereof. 
  
 4.
Counterparts. This Amendment may be executed in any number of counterparts and by different parties on separate counterparts, each of which when so executed and delivered shall be deemed an original and all of which when taken
together, shall constitute but one and the same instrument. 
  
 5.
Otherwise Not Affected. In the event of any conflict or inconsistency between the Agreement and the provisions of this Amendment, the provisions of this Amendment shall govern. Except to the extent set forth herein with respect to the
Agreement, the Agreement shall remain unaltered and in full force and effect. 

 [Signature Page Follows] 

 IN WITNESS WHEREOF, the parties hereto have executed this Amendment by their respective duly authorized
officers as of the date first above written. 
  

			
	COMPANY:
	
	eMerge Interactive, Inc.
		
	By:	 	 /s/ Robert E. Drury

	 	 	Robert E. Drury
	 	 	Executive Vice President and Chief Financial Officer
	
	HOLDERS:
	
	Omicron Master Trust
	By: Omicron Capital L.P., as advisor
	By: Omicron Capital Inc., its general partner
		
	By:	 	  

	By:	 	 
	Title:	 	 
	
	Steelhead Investments Ltd.
	By: HBK Investments L.P., Investment Advisor
		
	By:	 	 /s/ Kevin O’Neil

	Name:	 	Kevin O’Neil
	Title:	 	Authorized Signatory
	
	Cranshire Capital, LP
		
	By:	 	 /s/ Mitchell P. Kopin

	Name:	 	Michell P. Kopin
	Title:	 	President – Downsview Capital
	 	 	The General PartnerEXHIBIT 10.43

 Exhibit 10.43 
  
 SUMMARY OF ANNUAL COMPENSATION OF DIRECTORS 
  
 The following table summarizes the compensation of our directors during 2004 (with the exception of Dr. Coffman (until his
retirement on September 1, 2004) and Mr. Stevens who as executive officers were not paid for their service as directors): 
  

			
	 Cash retainer
	 	$75,000
		
	 Stock retainer1
	 	$75,000 in stock units, stock options or 50/50 combination thereof
		
	 Chairman of the Board Retainer2
	 	$500,000 on annualized basis
		
	 Committee Chairman retainer
	 	$5,000
		
	 Deferred compensation plan3
	 	Cash retainer deferrable with earnings at prime rate, S&P 500 or LMT stock return
		
	 Charitable award program4
 [Participation in program limited to directors elected prior to
2004 Annual Meeting.]
	 	$1,000,000 donation ($100,000 following director’s retirement; $900,000 in 9 annual installments following director’s death)
		
	 Travel accident insurance5
	 	$1,000,000
		
	 Director education institutes/activities
	 	Reimbursed for costs and expenses
		
	 Perquisites6
	 	Home computer system

 NOTES TO TABLE: 
  

	(1)	 Under the Lockheed Martin Corporation Directors’ Equity Plan (“Directors’ Equity Plan”), each non-employee director may elect to receive (i) a
number of stock units with a value on January 15 equal to $75,000 or (ii) options to purchase a number of shares of stock, which options have an aggregate fair market value on January 15 of $75,000 or (iii) a combination of stock units with a value
on January 15 equal to $37,500 and options to purchase a number of shares of stock which options have an aggregate fair market value on January 15 of $37,500. The amount a director ultimately receives will depend upon the performance of Lockheed
Martin stock following the award. Except in certain circumstances, options and stock units vest on the first anniversary of grant. Upon a change in control (as defined in the Directors’ Equity Plan) a director’s stock units and outstanding
options become fully vested, and directors will have the right to exercise their options immediately. Upon a director’s termination of service from our Board of Directors, the vested stock units will be distributed, at the director’s
election, in whole shares of stock or in cash, in a lump sum or in up to ten annual installments. During the period a director’s interest is represented by stock units, a director has no voting, dividend or other rights with respect to the
shares, but will receive additional stock units representing dividend equivalents (converted to stock units based on the closing market price of our common stock on the applicable dividend payment dates). Stock options are rights to purchase a
specified number of shares of our common stock at an exercise price equal to 100 percent of the fair market value of the stock on the grant date. The options granted pursuant to the Directors’ Equity Plan are non-qualified stock options and
have a term of ten years. A director may exercise the options during the ten-year term after meeting a one-year vesting requirement. A director has 

 Exhibit 10.43 
  
 SUMMARY OF ANNUAL COMPENSATION OF DIRECTORS 
  

 
no voting, dividend or other stockholder rights for the shares of common stock covered by an option until he or she becomes the holder of record of those
shares. The Directors’ Equity Plan was approved by the stockholders in 1999. 

	(2)	Dr. Coffman became a non-employee Chairman on September 1, 2004 and will retire from the Board on April 28, 2005. The Chairman of the Board retainer will be prorated to take his
retirement into account. 

	(3)	The Directors’ Deferred Compensation Plan provides non-employee directors the opportunity to defer up to 100 percent of the cash portion of their fees. Deferred amounts earn
interest at a rate that tracks the performance of (i) the prime rate, (ii) the published index for the Standard & Poor’s 500 (with dividends reinvested) or (iii) our common stock (with dividends reinvested), at the director’s election.
A participating director’s deferred fees generally will be distributed (in a lump sum or in up to 15 installments) commencing (i) the January following the year in which the director terminates service; (ii) the next January 15 or July 15 after
the director terminates service; or (iii) the January 15 in the year after the director terminates service, and a specified birthday. 

	(4)	The Lockheed Martin Corporation Directors’ Charitable Award Plan (the “Directors’ Charitable Award Plan”), which was amended to limit participation to directors
elected prior to the 2004 Annual Meeting, provides that Lockheed Martin will make donations to tax-exempt organizations previously recommended by the director up to an aggregate of $1 million for each director. The Directors’ Charitable Award
Plan, amended effective April 2004, provides that $100,000 will be contributed at the time of retirement of a director; the remaining $900,000 will be contributed upon the death of the director. Directors are vested under this Plan if they have
served for at least five years on the Lockheed Martin Board of Directors or their service on the Lockheed Martin Board of Directors is terminated due to death, disability or retirement. Under the terms of the Directors’ Charitable Award Plan,
if there is a change in control of Lockheed Martin, all participating directors in the plan shall immediately become vested. 

	(5)	Each non-employee director is provided travel accident insurance up to $1 million in the event the director is involved in an accident while traveling on business related to
Lockheed Martin. 

	(6)	Each director may elect to be provided a home computer and printer at the election of the director. Technical assistance and internet access are provided by the Corporation. The
average cost per director is $2,710.EXHIBIT 10.44

 Exhibit 10.44 
  
 LOCKHEED MARTIN MANAGEMENT INCENTIVE COMPENSATION PLAN 
 2005 CORPORATE PERFORMANCE OBJECTIVES 
  
 In accordance with its charter, the Management Development and Compensation Committee and the Stock Option Subcommittee (together, the
“Committee”) of Lockheed Martin Corporation’s Board of Directors reviews and approves Corporate goals and objectives relevant to the Chief Executive Officer’s compensation, evaluates the Chief Executive Officer’s performance
and recommends to the independent members of the Board the compensation level based on that evaluation. The Committee also makes recommendations to the independent members of the Board of Directors concerning the compensation of the
Corporation’s other executive officers. On February 23, 2005, the Committee established the key performance objectives that will be used to evaluate corporate and executive officer performance for purposes of determining incentive compensation
awards under the Lockheed Martin Management Incentive Compensation Plan (“MICP”) for 2005. The Committee generally reviews and makes annual incentive compensation awards in the first quarter following completion of each year. Each of the
executive officers is assigned a targeted percentage (ranging from 45 percent to 100 percent) of base salary determined by the level of importance and responsibility of the participant’s position in the Corporation. The amount of incentive
compensation generated by the target percentage is adjusted upwards or downwards after assessment by the Committee of corporate performance and the individual’s contribution to that performance. Following adjustment for corporate and individual
performance ratings, the bonuses payable under the MICP for the executive officers can range from 0 percent to 195 percent of the target bonus amount, or higher at the discretion of the Committee. In determining the adjustment for individual
performance, the Committee also considers subjective criteria, such as the accomplishment of individual goals and contributions to operational performance, as well as the individual’s implementation of and adherence to the Corporation’s
policy on ethics and standards of conduct, customer satisfaction, teamwork, and retention and development of key personnel. 
  
 For 2005, the Committee plans to evaluate corporate performance, in part, by comparison of 2005 actual results to selected financial performance measures
from the Corporation’s 2005 long-range plan. In evaluating 2005 MICP awards, the Committee plans to consider the following measures of financial performance: orders; sales; operating earnings before income taxes; operating margin; earnings per
share; cash from operations; capital expenditures; and return on invested capital. Other objectives that the Committee plans to evaluate to determine MICP awards for 2005 include: the Corporation’s mission success; achievement of new business
objectives; competitive win rates; ability to protect funding for existing programs; achievement of enterprise savings; reduction in the number of programs characterized internally as red or watch programs; achievement of corporate diversity
maturity model objectives; achievement of hiring targets; introduction of a new leadership competency model; achievement of ethics awareness and compliance training objectives; review of various strategic human resources programs; and the ability to
drive productivity improvement through the Corporation’s LM21 program. In addition, the Committee plans to consider the following measures: the Corporation’s success in institutionalizing horizontal integration; executing acquisitions
opportunistically and efficiently; continuing compliance with Sarbanes-Oxley Act requirements; and fully integrating an enterprise-wide risk management program. Selection of and weighting of the various criteria in determining MICP awards is within
the Committee’s discretion and may vary from year to year. The Committee retains discretion to determine the amount of actual awards, if any.

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