Document:

Director Compensation Structure

 Exhibit 10.89 
  
 Summary of Non-Employee Director Compensation, effective May 22, 2006 
  

				
	 Cash Compensation

	  	 
	 Annual Retainer for the Lead Director
	  	$	25,000
	 Annual Retainer for Directors
	  	$	18,000
	 Fee per Board Meeting*
	  	$	750
	 Fee per Committee Meeting*
	  	 	 
	 Audit Committee
	  	 	 
	 Chairperson
	  	$	2,000
	 Member
	  	$	750
	 Compensation Committee
	  	 	 
	 Chairperson
	  	$	1,000
	 Member
	  	$	750
	 Nominating and Corporate Governance Committee
	  	 	 
	 Chairperson
	  	$	1,000
	 Member
	  	$	750

	*	Board and Committee Meeting Fees are capped at a maximum of $2,750 per day for each Director who serves on multiple committees. 

  
 Payment of Cash Compensation 
  
 The Annual Retainer will be paid in two installments in May and November. Board and
Committee Meeting Fees will be paid in arrears for the prior quarter’s meetings. 
  
 Equity Compensation 
  
 The Lead Director will be granted
restricted stock awards with a grant date value of $55,000. All other Directors will be granted restricted stock awards with a grant date value of $50,000. The restricted stock awards will vest upon completion of service on the Board from the 2006
annual shareholders meeting until the 2007 annual shareholders meeting.Employment Offer Letter

 Exhibit 10.11 
 [IRVINE SENSORS CORPORATION letterhead] 
 Effective Date: November 14, 2005 
 September 20, 2005 
 Mr. Joseph Carleone 
 2112 Campton Circle 
 Gold River, CA 95670 
 Dear Joe: 

On behalf of Irvine Sensors Corporation, I am pleased to offer you the position of Senior Vice President, 3D Products, reporting to the undersigned. The compensation
for this position will be $4,327.20 per week ($225,014.40 annualized). Your start date, if agreeable, is scheduled for Monday, October 3, 2005. 
 You
will be eligible to participate in ISC’s annual performance and salary review plan, as well as ISC’s bonus plan, which will provide a target incentive bonus opportunity ranging from 10% to 100% of annual salary, depending on financial
results. To assist you with your future relocation, Irvine Sensors will reimburse you for your selling costs resulting from the future sale of your home. In the event you should be terminated for any reason (other than voluntary quit or discharge
for cause), Irvine Sensors will provide you severance pay equivalent to one year’s salary. 
 In order for you to participate in and prosper from
ISC’s growth, upon your employment with Irvine Sensors, you will be nominated to participate in the Irvine Sensors’ 2003 Stock Incentive Plan. We will recommend to the Board of Directors that you be granted, upon joining the Company,
options for 100,000 shares of Common Stock, exercisable as follows: 
  

	 	•	 	50,000 shares, exercisable beginning 12 months after the date of grant 

  

	 	•	 	50,000 shares, exercisable beginning 24 months after the date of grant 

 Immediately on your hire date, you will be eligible for all benefits enjoyed by regular full time employees, including eligibility for company-paid medical and dental insurance coverage for yourself, with dependent coverage also available
at a reasonable, pre-taxed group rate (see attached Summary of Benefits); company-paid group life insurance for up to one and one half times your annual salary; eligibility to participate in Irvine Sensors’ 401k savings plan; and 10 paid
holidays each fiscal year. You will also be provided with 20 days annual vacation each year, and 10 days sick/personal paid time off, if needed, each calendar year. You will also be eligible to participate in Irvine Sensors’ Employee Stock
Bonus Plan, contributions of which will vest at 20% per year. For your information, attached is a copy of ISC’s Summary of Benefits, which includes a short description of the all benefits and perks, including the Employee Stock Bonus Plan.
Please indicate your acceptance of this offer by signing one copy of the letter and returning it to me. 
 Joe, as you are aware, Irvine Sensors Corporation
is an exciting company with outstanding growth potential. We are counting on you to achieve for us the successful transition to a product based company. We look forward to a mutually beneficial and rewarding relationship. 
  

	
	Sincerely,
	
	/s/ John Carson
	John Carson
	President and CEO

  

	Cc:	J. Carson 

	 	File 

 ACCEPTANCE: 
  

					
			
	/s/ Joseph Carleone	 		 	28 Sept. 2005
	Joseph Carleone	 		 	Date

 3001 Red Hill Avenue, Building 3, Suite 108, Costa Mesa, California 92626- 4526 
 Telephone: (714) 435-8924     Fax: (714) 444-8773Form of Letter Agreement

 Exhibit 10.12 
 December 30, 2005 
 Irvine Sensors
Corporation 
 3001 Red Hill Avenue 
 Costa Mesa, CA 92626

 Attention: John J. Stuart, Jr. 
 Re: Irvine
Sensors Corporation (the “Company”) 
 Ladies and Gentlemen, 
 The undersigned is the beneficial owner of [A] shares of common stock, $.01 par value, of the Company (the “Common Stock”), which includes [B] shares of Common Stock issuable upon
exercise of options or warrants exercisable within 60 days. The undersigned understands that the Company is contemplating issuing to certain purchasers (the “Purchasers”) certain Future Priced Securities (as defined in NASD Rule
IM-4350-1) pursuant to that certain Securities Purchase Agreement dated as of December 30, 2005 (the “Purchase Agreement”) and certain other related transaction documents (collectively, the “Transaction”).
Pursuant to the rules and regulations of the Nasdaq Stock Market, the vote of the stockholders of the Company may be required in order for the Company to issue shares of Common Stock in excess of 20% of the shares of Common Stock outstanding
immediately prior to the closing of the Transaction (the “Proposal”). The undersigned hereby irrevocably agrees with the Company to vote all of the shares of Common Stock owned by it and any entities affiliated with or controlled by
it (other than shares in the Company’s Non-Qualified Deferred Compensation Plan and the Company’s Cash or Deferred & Stock Bonus Plan) (any such entities, the “Affiliates”) (including any shares of Common Stock
acquired by the Affiliates after the date hereof) in any meeting of the stockholders of the Company or in any written consent in lieu of such a meeting in favor of the Proposal. 
 The undersigned acknowledges that the execution, delivery and performance of this letter agreement is a material inducement to the Purchasers to complete
the Transaction and that the Purchasers (which shall be third party beneficiaries of this letter agreement with the power to enforce the same) and the Company shall be entitled to specific performance of the undersigned’s obligations hereunder.

 The undersigned hereby represents and warrants that it has the power and authority to execute, deliver and perform this letter agreement,
that the undersigned will indirectly benefit from the closing of the Transaction, and that as an indirect beneficiary of the Transaction the undersigned has received adequate consideration therefor. The undersigned further represents and warrants
that it has the sole voting power with respect to such shares. 
 This letter agreement may not be amended or otherwise modified in any
respect except in accordance with the Transaction documents. This letter agreement shall be construed and enforced in accordance with the laws of the State of Delaware, without regard to the principles of conflicts of laws. 
  

	
	
	   
	 Name: [NAME]

 SCHEDULE OF MATERIAL DIFFERENCES 
 TO EXHIBIT 10.12 
  

					
	 Name
	  	A	  	B
	 Mel R. Brashears
	  	725,000	  	725,000
	 Joseph Carleone
	  	171,058	  	170,000
	 John C. Carson
	  	641,728	  	629,227
	 Marc Dumont
	  	108,142	  	104,000
	 Thomas M. Kelly
	  	104,000	  	104,000
	 Volkan Ozguz
	  	126,695	  	126,695
	 Clifford Pike
	  	160,000	  	160,000
	 Frank P. Ragano
	  	26,143	  	25,000
	 Robert Richards
	  	449,860	  	409,000
	 John J. Stuart, Jr.
	  	513,040	  	467,750
	 Chris Toffales
	  	154,000	  	154,000Form of Letter Agreement

 Exhibit 10.13 
 December 30, 2005 
 Pequot Private Equity Fund III, L.P. 
 c/o Pequot Capital Management, Inc. 
 500 Nyala Farm Road 
 Westport, CT 06880 
 Attention: Aryeh Davis 
                  Carlos Rodrigues 
 Ladies
and Gentlemen: 
 Reference is made to that certain Securities Purchase Agreement dated as of the date hereof among Irvine Sensors Corporation (the
“Company”) and the purchasers party thereto (the “Purchase Agreement”). Capitalized terms used but not defined herein shall have the meanings given to them in the Purchase Agreement. 
 In order to induce the Purchasers to enter into the Purchase Agreement and purchase the Notes and Warrants, the Company agrees to: (i) cause an individual
designated in writing from time to time by Pequot Private Equity Fund III, L.P., and reasonably acceptable to the Company’s Nominating and Corporate Governance Committee, who shall initially be Martin Hale (the “Pequot Director”) to
serve on the Company’s Board of Directors; (ii) nominate the Pequot Director for reelection at each annual meeting of the Company’s stockholders; (iii) provided that the Pequot Director meets the applicable membership
requirements of the Securities and Exchange Commission and the Eligible Market on which the Company’s Common Stock is then listed, appoint the Pequot Director to all committees of the Company’s Board of Directors; and (iv) execute and
deliver to the Pequot Director the Company’s standard Director Indemnification Agreement in the form of Exhibit A attached hereto. The covenants and obligations of the Company under this letter agreement shall terminate upon the
Purchasers and their respective Affiliates owning (legally or beneficially), or having the right to acquire, in the aggregate less than 500,000 shares of Common Stock (as adjusted for any stock dividends, combinations, stock splits and the like)
issued or issuable upon conversion of the Notes. For the avoidance of doubt, the Company acknowledges that Martin Hale is deemed reasonably acceptable to the Company’s Nominating and Corporate Governance Committee. 
 This letter shall be governed by and construed in accordance with the laws of the State of New York (except for matters governed by corporate law in the State of
Delaware) and each of the parties hereto irrevocably consents to the exclusive jurisdiction of all courts, federal and state, located in the City of New York for the adjudication of any dispute arising hereunder. This letter may not be amended or
waived except in writing, by a document executed by the Company and Pequot Private Equity Fund III, L.P. This letter may be executed in two or more counterparts, together constituting one agreement, and may be executed by facsimile, having the same
force as if originally executed. 

 Very truly yours, 
  

			
	 IRVINE SENSORS CORPORATION

		
	By:	 	 /s/ John J. Stuart, Jr.

	 Name:
	 	 John J. Stuart, Jr.

	 Title:
	 	 SVP/CFO

 Accepted: 
  

			
	 PEQUOT PRIVATE EQUITY FUND III, L.P.

		
	By:	 	 Pequot Capital Management, Inc.,

		 	its Investment Manager
	
		
	By:	 	 /s/ Carlos Rodrigues

	 Name:
	 	 Carlos Rodrigues

	 Title:
	 	 Chief Financial Officer

		 	 Pequot Ventures

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