Document:

ex10-48.htm

    EXHIBIT
10.48

     

    
      
        Second
Amendment

        To

        Change
of Control and Severance Benefits Agreement

        

        This
Second Amendment (the
“First Amendment”) to Change of Control and Severance Benefits Agreement is made this 6h day
of April, 2009, by and between ImageWare Systems, Inc., a Delaware corporation
(the “Company”), on the one hand, and Charles AuBuchon, Vice President of Sales,
on the other hand (the “Executive”).  

                            

        WHEREAS, the Company and the
Executive entered into a Change of Control and Severance Benefits Agreement
dated as of October 31, 2005 which was then  subsequently amended on
the 27h day
of September, 2008 (the “Severance Agreement”); and

        

        WHEREAS, the Executive
continues to perform valuable services for the Company and the Company desires
to assure itself of the continuing services of Executive; and

        

        WHEREAS, in consideration of
the foregoing and in order to amend the terms of the Agreement and to provide
for the continued services of the Executive in accordance with the present
intent of the Company and the Executive.

        

        NOW THEREFORE, in
consideration of the foregoing and for other good and valuable consideration,
receipt of which is hereby acknowledged, and in further consideration of the
mutual covenants contained in the Severance Agreement, the parties do hereby
agree that the Severance Agreement is hereby amended as follows:

        

        Section “2. Term of
Agreement”  strike the
language “continue until June 30, 2009” and replace it with “continue until
December 31, 2009”.

        

         

         

        

        _________________________________                                            _________________________________

         

        ImageWare
Systems,
Inc.                                                                           Charles
AuBuchonex10-49.htm

    EXHIBIT
10.49

     

    
      Second
Amendment

      To

      Change
of Control and Severance Benefits Agreement

      

      This
Second Amendment (the
“First Amendment”) to Change of Control and Severance Benefits Agreement is made this 6h day
of April, 2009, by and between ImageWare Systems, Inc., a Delaware corporation
(the “Company”), on the one hand, and David Harding, Vice President of
Engineering and Chief Technical Officer, on the other hand (the “Executive”).
 

                          

      WHEREAS, the Company and the
Executive entered into a Change of Control and Severance Benefits Agreement
dated as of May 21, 2007 which was then  subsequently amended on the
27h day
of September, 2008 (the “Severance Agreement”); and

      

      WHEREAS, the Executive
continues to perform valuable services for the Company and the Company desires
to assure itself of the continuing services of Executive; and

      

      WHEREAS, in consideration of
the foregoing and in order to amend the terms of the Agreement and to provide
for the continued services of the Executive in accordance with the present
intent of the Company and the Executive.

      

      NOW THEREFORE, in
consideration of the foregoing and for other good and valuable consideration,
receipt of which is hereby acknowledged, and in further consideration of the
mutual covenants contained in the Severance Agreement, the parties do hereby
agree that the Severance Agreement is hereby amended as follows:

      

      Section “2. Term of
Agreement”  strike the
language “continue until June 30, 2009” and replace it with “continue until
December 31, 2009”.

      

      

      

      

      _________________________________                                                             _________________________________

       

      ImageWare
Systems,
Inc.                                                                                           
 David Hardingex10-50.htm

    EXHIBIT
10.50

     

    
      Second
Amendment

      to

      Employment
Agreement

      

      

      This Second Amendment to Employment
Agreement (the “Second Amendment”), is being entered into effective April
6, 2009 by and between ImageWare Systems, Inc., a Delaware corporation (the
“Company”) and Mr. S. James Miller, Jr. (the “Executive”).

      

      Whereas,
the Company and Executive entered into an Employment Agreement dated as of
September 27, 2005 and subsequently amended on September 27, 2008 (as amended,
the “Employment Agreement”);

      

      Whereas,
the Executive continues to perform valuable services for the Company and the
Company desires to cooperate with Executive in lawfully reducing any tax
liability which may be imposed on Executive’s severance payments, if any, as
permitted by and in accordance with Section 409A of the Internal Revenue Code of
1986, as amended;

      

      Whereas,
in consideration of the foregoing and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
Company and Executive do hereby agree that the Employment Agreement shall be
amended, effective as of the date hereof, as follows:

      

      1.           Section
9 of the Employment Agreement shall be deleted in its entirety and replaced with
the following:

      

      
        	
                9.  

              	
                Code Section
      409A.  "In the event
      that any amount or benefit to be paid or provided to Executive under
      Section 5 of this Agreement would give rise to the imposition of any
      tax under Section 409A of the Code ("Section 409A"), the Company will
      not pay any such amounts or provide any such benefits during the
      six-month period following Executive's “separation of service (as
      defined in Section 409A).  If any amount or benefit is not paid
      or provided to Executive as a result of the previous sentence, on the
      first day following the six-month period
      after the Executive's separation of service, the Company
      will pay pr provide Executive a lump-sum amount equal to the cumulative
      amounts that would have otherwise been paid to Executive during such
      six-month period but were not paid.  Thereafter, Executive will
      receive his remaining  amounts and benefits in accordance with
      this Agreement."

              

      

      

      
        	
                2.

              	
                Section “2. Term
      of Agreement”  strike the
      language “continue until June 30, 2009” and replace it with “continue
      until December 31, 2009”.

              

      

      
 

      
        	
                3.

              	
                Except
      as expressly amended herein, the Employment Agreement shall continue and
      be in full force in all respects.

              

      

      

      

      ImageWare
Systems, Inc.

      

      ____________________                                                  ________________________

      Name:                                                                                     S. James Miller

      Title:ex10-51.htm

    EXHIBIT
10.51

     

    
      Second
Amendment

      to

      Employment
Agreement

      

      This
Second Amendment to Employment
Agreement (the “Second Amendment”), is being entered into effective April
6, 2009 by and between ImageWare Systems, Inc., a Delaware corporation (the
“Company”) and Mr. Wayne Wetherell (the “Executive”).

                          

      Whereas,
the Company and Executive entered into an Employment Agreement dated as of
September 27, 2005 and subsequently amended on September 27, 2008 (as amended,
the “Employment Agreement”);

      

      WHEREAS, the Executive
continues to perform valuable services for the Company and the Company desires
to assure itself of the continuing services of Executive; and

      

      WHEREAS, in consideration of
the foregoing and in order to amend the terms of the Agreement and to provide
for the continued services of the Executive in accordance with the present
intent of the Company and the Executive.

      

      NOW THEREFORE, in
consideration of the foregoing and for other good and valuable consideration,
receipt of which is hereby acknowledged, and in further consideration of the
mutual covenants contained in the Employment Agreement, the parties do hereby
agree that the Employment Agreement is hereby amended as follows:

      

      1.           Section
9 of the Employment Agreement shall be deleted in its entirety and replaced with
the following:

      

      
        	
                 
      

              	
                9.

              	
                Code Section
      409A.  "In the event that any amount or benefit to be
      paid or provided to Executive under Section 5 of this Agreement
      would give rise to the imposition of any tax under Section 409A of
      the Code ("Section 409A"), the Company will not pay any such
      amounts or provide any such benefits during the six-month period
      following Executive's “separation of service (as defined in Section
      409A).  If any amount or benefit is not paid or provided to
      Executive as a result of the previous sentence, on the first day
      following the six-month period
      after the Executive's separation of service, the Company
      will pay pr provide Executive a lump-sum amount equal to the cumulative
      amounts that would have otherwise been paid to Executive during such
      six-month period but were not paid.  Thereafter, Executive will
      receive his remaining  amounts and benefits in accordance with
      this Agreement."

              

      

      

      
        	
                2.

              	
                Section “2. Term
      of Agreement”  strike the
      language “continue until June 30, 2009” and replace it with “continue
      until December 31, 2009”.

              

      

      

       

      
        	
                3.

              	
                Except
      as expressly amended herein, the Employment Agreement shall continue and
      be in full force in all respects.

              

      

      

      

      

      

      _________________________________                                            _________________________________

      

      ImageWare
Systems,
Inc.                                                                           Wayne
Wetherell

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