Document:

Exhibit
      10.9

     

    AMENDMENT
      TO EMPLOYMENT AGREEMENT

     

    This
      Amendment is made as of October 4, 2006, between GVI Security Solutions, Inc.,
      a
      Delaware corporation (the “Company”) and Joseph Restivo
      (“Restivo”).

    

    RECITALS

     

    WHEREAS,
      Restivo and the Company are parties to an Employment Agreement, dated as of
      March __, 2006 (the “Employment Agreement”), whereby Restivo is employed as
      Chief Financial Officer of the Company; and

     

    WHEREAS,
      pursuant to the terms of the Employment Agreement, Restivo was entitled to
      receive options to purchase shares of common stock, $.001 par value per share,
      of the Company; and

     

    WHEREAS,
      the Company is conducting a private placement (the “Offering”) of up to $5
      million of Subordinated Secured Convertible Notes (the “Notes”);
      and

     

    WHEREAS,
      in connection with the Offering, Restivo and the Company have agreed to amend
      certain terms of the Employment Agreement and cancel the options agreed to
      be
      granted thereunder, as set forth herein.

     

    NOW,
      THEREFORE, THE PARTIES AGREE AS FOLLOWS:

     

    1.  Surrender
      of Stock Options.

     

    (a)  Restivo
      hereby agrees that the option issued to him under Section 6(a) of the Employment
      Agreement to purchase an aggregate of 750,000 shares of the Company’s common
      stock, par value $.001 per share, evidenced by the Option Agreement dated as
      of
      March 6, 2006, between Restivo and the Company, is hereby cancelled and of
      no
      further force or effect, and Restivo shall have no further rights with respect
      to such option.

     

    (b)  Restivo
      hereby waives any rights he may have pursuant to Section 6(b) of the Employment
      Agreement, and the Employment Agreement is hereby amended by deleting Section
      6(b) thereof in its entirety.

     

    2.  New
      Stock Option Grant.
      The
      Company shall grant to Restivo a 10-year option (the “New Option”) to purchase
      94,089,763 shares of the Company’s common stock (the “Option Shares”). The
      exercise price with respect to the Option Shares shall be $.004 per share.
      Twenty-five percent of the Option Shares shall be immediately exercisable and
      the remaining 75% of the Option Shares shall become exercisable ratably over
      36
      months on a monthly basis commencing November 1, 2006, provided that Restivo
      is
      employed by the Company on each such date. Restivo will not exercise New Option
      unless and until the Company has effected the reverse stock split necessary
      to
      permit the conversion of the Notes in accordance with their terms. In addition,
      the New Option shall be governed by the applicable plan and option agreement.
      

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    3.  Amendment
      to Cause.
      The
      definition of “Cause” in Section 1(e) of the Employment Agreement is hereby
      amended by adding a new subclause (iv) as follows:

     

    “(iv) “(iv) net
      income for the Company for the three months ending June 30, 2007 shall be less
      than $0.00. Net income shall be calculated in accordance with GAAP consistent
      with the Company’s financial reporting practices, except that there shall be
      excluded from the calculation of net income for the purposes of this clause
      (iv)
      (A) cash and non-cash transaction expenses incurred as a result of the Company’s
      private placement of 6% Subordinated Secured Convertible Promissory Notes (the
      “Notes”) and any subsequent capital raising transaction (including, without
      limitation, (x) legal and accounting fees resulting from such transactions,
      (y)
      costs associated with a consulting arrangement with W-Net, and (z) amortization
      expense associated with the convertibility of the Notes), and (B) non-cash
      compensation expenses attributable to new options granted to senior
      management.”

     

    4.  Governing
      Law. 
      This Amendment shall be governed in all respects by the laws of the State of
      New
      York without reference to its choice of law rules. 

     

    5.  Successors
      and Assigns. 
      Except as otherwise provided herein, the provisions hereof shall inure to the
      benefit of, and be binding upon, the successors, assigns, heirs, executors
      and administrators of the parties hereto.

     

    6.  Entire
      Agreement; Amendment. 
      This Amendment constitutes the full and entire understanding and agreement
      between the parties with regard to the subjects hereof and thereof. Neither
      this
      Amendment nor any term hereof may be amended, waived, discharged or terminated
      other than by a written instrument signed by the party to be charged. Except
      as
      specifically amended in this Amendment, the Employment Agreement shall remain
      in
      full force and effect and shall be binding on the parties hereto.

     

    7.  Counterparts. 
      This Amendment may be executed in any number of counterparts, each of which
      shall be enforceable against the parties actually executing such counterparts,
      and all of which together shall constitute one instrument.

     

    8.  Severability. 
      The holding of any provision of this Amendment to be invalid or unenforceable
      by
      a court of competent jurisdiction shall not affect any other provision of this
      Amendment, which shall remain in full force and effect.

     

    
      
         

      

      
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    IN
      WITNESS WHEREOF, the parties hereto have executed this Amendment as of the
      day
      and year first above written.        

    
      	 	 	 
	 	GVI
              SECURITY
              SOLUTIONS, INC.
	 
 	 
 	 
 
	 	By:  	 
              
	 	
              Name:

              Title:

            
	 	 
	 	    
	 	
               Joseph
                Restivo

            

    

     

    
      
         

      

      
        3Exhibit
      10.1

    LICENSE
      AGREEMENT

     

    

    THIS
      LICENSE AGREEMENT (“License”), entered into this 29th day of September, 2006, by
      and between LEGENT CLEARING LLC, a Delaware limited liability company
      (hereinafter “Licensor”), and UNITED WESTERN BANCORP, INC., a Colorado
      corporation (hereinafter referred to collectively as “Licensee”).

     

    1. License.
      Licensor grants to Licensee, and Licensee accepts a limited term,
      non-transferable, non-exclusive license to use the property located on Exhibit
      “A” attached hereto on the terms and conditions set forth in this
      License
      (hereinafter “the Property”). Licensor warrants that it has the right to grant
      the license pursuant to this License and that it has obtained any and all
      necessary permissions from third parties to grant the license. Licensor shall
      indemnify and hold Licensee harmless for any losses, claims, damages, awards,
      penalties, or injuries incurred, including reasonable attorney's fees, which
      arise from any claim by any third party of an alleged infringement of a property
      right arising out of the use of the license by the Licensee in accordance with
      the terms of this License. This indemnity shall survive the termination of
      this
      agreement. 

     

    2. Term.
      This
      License shall be for an initial term of seven (7) months (“Initial Term”),
      commencing on the date hereof. Provided that Licensee shall not be in default
      under this License, Licensee shall have the right, subject to payment of the
      Monthly Payment (as defined below), to renew the License on a month to month
      basis (“Subsequent Term”), and the License shall be terminable on thirty (30)
      days notice given at any time by either party. All
      other
      provisions of this License except those pertaining to the term shall apply
      to
      the Subsequent Term.

     

    3. Compensation.
      Licensee agrees to pay Licensor for the non-exclusive right to use the Property
      during Initial Term of this License the sum of Twenty One Thousand and No/100
      Dollars ($21,000.00), which shall be payable in monthly installments
on
      the
      first day of each month
      in the
      amount of Three
      Thousand and No/100 Dollars ($3,000.00)
      (the
“Monthly Payment”). During the Subsequent Term, Licensee shall pay the Three
      Thousand and No/100 Dollar ($3,000.00) Monthly Payment on the first day of
      each
      month.

     

    4. Use.
      The
      Licensee shall have the non-exclusive right to use of the Property solely for
      a
      business continuity site and for disaster planning site purposes for no more
      than fifty (50) employees and for no other purpose, without Licensor’s written
      consent. To the extent the Property is already in use by Licensor or Licensor
      requires the use of the Property subsequent to commencement of Licensee’s use,
      Licensor’s use of the Property shall take priority over Licensee’s use of the
      Property. Further, in the event Licensee is using the Property, Licensor shall
      be entitled to exclusive use of the Property 24 hours after notice is given,
      whether by telephone, facsimile or by mail or overnight carrier, from Licensor
      to Licensee, and Licensee shall remove Licensee’s staff and restore the Property
      to its previous condition prior to Licensee’s use within 24 hours after notice.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    5. Payments.
      All
      payments under this License shall be made in current U.S. funds to Licensor
      at
      9300 Underwood Ave. Suite 400, Omaha, NE 68114, or at such other place and
      to
      such other person as Licensor may from time to time designate in
      writing.

     

    6. Assignment;
      Subletting.
      Licensee shall not assign this License, nor sublicense any rights to the
      Property or any part thereof, nor shall it use the same for any other purpose
      than set forth in Paragraph 4 above without the express written consent of
      Licensor.

     

    7. Risk
      of Loss of Personalty.
      All
      personal property of Licensee placed or located upon the Property shall be
      at
      the risk of Licensee or the owners thereof, and Licensor shall not be liable
      for
      any damage to such personal property of Licensee or to Licensee arising from
      any
      act, omission to act, or negligence of any other person, firm or corporation.
      Licensor agrees to keep any and all Licensee information, including but not
      limited to Licensee customer information, that Licensor may have access to
      confidential.

     

    8. Indemnity;
      Insurance.
      Licensee covenants and agrees to indemnify and save Licensor harmless from
      and
      against all liabilities, claims, actions or causes of action for damages or
      injuries to property and/or for any personal injury or loss of life in or about
      the Property or common areas, arising for any reason whatsoever during the
      term
      of this License, caused in whole or in part by Licensee, its employees, agents
      and invitees. Licensee covenants to provide on or before commencement of this
      License, and to keep in force during its term, a comprehensive liability policy
      of insurance against any liability of Licensee, its employees, agents and
      invitees, occasioned by accident or neglect, naming Licensor as an additional
      insured. Such policy shall be written by a good and solvent insurance company
      acceptable to Licensor, with coverage of not less than One Million and No/100
      Dollars ($1,000,000.00) combined or aggregate single limit for personal injury,
      death or property damage per occurrence. Licensee shall be liable to Licensor
      for any and all costs and attorneys’ fees incurred or expended by Licensor in
      defending any claims for which Licensee may be liable under this indemnity,
      including those incurred in enforcing this paragraph.

     

    Licensor
      covenants and agrees to indemnify and save Licensee harmless from and against
      all liabilities, claims, actions or causes of action for damages or injuries
      to
      property and/or for any personal injury or loss of life in or about the Property
      or common areas, arising for any reason whatsoever during the term of this
      License, caused in whole or in part by Licensor, its employees, agents and
      invitees. Licensor covenants to provide on or before commencement of this
      License, and to keep in force during its term, a comprehensive liability policy
      of insurance against any liability of Licensor, its employees, agents and
      invitees, occasioned by accident or neglect, naming Licensee as an additional
      insured. Such policy shall be written by a good and solvent insurance company
      acceptable to Licensee, with coverage of not less than One Million and No/100
      Dollars ($1,000,000.00) combined or aggregate single limit for personal injury,
      death or property damage per occurrence. Licensor shall be liable to Licensee
      for any and all costs and attorneys’ fees incurred or expended by Licensee in
      defending any claims for which Licensor may be liable under this indemnity,
      including those incurred in enforcing this paragraph.

     

    
      
         

      

      
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    9. Compliance
      With Governmental Ordinances.
      Licensor and Licensee shall comply with all statutes, ordinances, rules, orders
      and regulations of all federal, state and local governmental agencies having
      jurisdiction over the Property.

     

    10. Damage
      or Destruction of Property.
      If any
      buildings, structures or other improvements containing the Property (the
“Improvements”) shall be destroyed by fire or the elements during the term of
      this License or damaged thereby to such an extent as to render the Property
      unfit for use by Licensee, either party may give notice to the other party
      within fifteen (15) days from the date of such destruction or damage and this
      License shall thereupon terminate as of the date of such destruction or damage,
      and the Monthly Payments shall be adjusted and paid to such date. Provided,
      however, nothing herein contained shall obligate Licensor to expend for repairs
      or rebuilding after such damage or destruction, and if Licensor elects not
      to
      repair or rebuild as necessary, either party may terminate this License as
      provided above.

     

    11. Default;
      Notice.
      The
      prompt payment of all sums due hereunder, and the faithful observance of the
      provisions of this License, are conditions of this License and any failure
      on
      the part of Licensee to comply with the terms of this License shall, at the
      option of Licensor, constitute a default under this License. In the event of
      such a default (exclusive of the payment of any monies due hereunder which
      shall
      constitute a default if not paid within ten (10) days after due, without
      notice), Licensor shall give Licensee written notice of such default and
      Licensee shall have ten (10) days within which to cure such default. Upon the
      failure of Licensee to do so, Licensor, its agents or attorneys, may exercise
      all rights permitted under Colorado law, including without limitation, the
      right
      to enter the Property and remove all persons therefrom, and the exercise of
      any
      right shall be without waiver of its right to pursue any other legal remedy.
      In
      addition to such rights and remedies, Licensor shall have the right to
      accelerate the payment of all amounts due hereunder and upon the exercise of
      such right by the Licensor, all such payments shall become immediately due
      and
      payable.

     

    All
      notices shall be given, if to Licensee, at such address as may be designated
      by
      the Licensee, and if to Licensor, at the address for payment of rent, and shall
      be sufficient if hand-delivered or sent by U.S. Postal Service, certified,
      return receipt requested.

     

    12. Surrender
      of Site.
      Upon
      the
      expiration, revocation, termination, or default under this License, Licensee
      shall, at no expense to the Licensor, release and surrender the Property to
      the
      Licensor. In the event Licensee fails to remove any or all improvements and/or
      personal property placed on or about the Property after reasonable notice by
      the
      Licensor, License’s improvements and/or personal property will be considered
      abandoned.

     

    13. Maintenance.
      Licensee accepts the Property in the condition at the beginning of this License
      and agrees to maintain the interior of the Improvements (except for reasonable
      wear and tear arising from normal use thereof) during Licensee’s use of the
      Property, and to repair or pay for any damages upon demand of Licensor, whether
      caused by any act or neglect of Licensee or any person other than Licensor
      during Licensee’s use of the Property.

     

    14. Alterations.
      Licensee shall make no alterations to the Property or the Improvements without
      Licensor’s written approval. 

     

    
      
         

      

      
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    15. Liens.
      Licensee shall indemnify and hold Licensor harmless from any and all liens,
      claim or lien or other encumbrances against Licensee sought to be enforced
      against the Property, of any kind or nature whatsoever including statutory
      mechanic’s liens (other than as may be created by Licensor), including costs and
      attorneys’ fees incurred by or arising out of such claims, and in the event that
      any such claim is made against the Property, it shall constitute a default
      hereunder if such claim is not discharged or transferred to other security
      within ten (10) days.

     

    16. Time
      of the Essence.
      Time is
      of the essence in this License and the performance of its terms and
      conditions.

     

    17. Licensee’s
      Personalty.
      All
      moveable fixtures and equipment placed upon the Property by Licensee shall
      remain the property of Licensee, and may be removed by Licensee upon termination
      of this License, provided Licensee has fulfilled its covenants under this
      License, and provided Licensee restores any portion of the Property to which
      such property was attached to its original condition.

     

    18. Subordination.
      Licensee acknowledges that this License shall be subordinate to all existing
      and
      future mortgages, and Licensee shall execute all documents requested by Licensor
      or any Mortgagee to confirm such subordination.

     

    19. Attorneys’
      Fees.
      Should
      it be necessary for either party to employ an attorney to enforce any of the
      terms of this License, the prevailing party shall be entitled to recover its
      reasonable attorneys’ fees and costs in addition to its other
      damages.

     

    20. Governing
      Law.
      This
      License shall be interpreted and construed in accordance with the laws of the
      State of Colorado. The parties agree to submit to jurisdiction and venue in
      the
      state and federal courts located in Denver, Colorado for any dispute which
      may
      arise under this Agreement.

     

    IN
      WITNESS WHEREOF, the parties hereto executed this License effective as of the
      day and year first set forth above.

     

    
      
         

      

      
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              LICENSOR:

            
	 	 
	 	LEGENT
              CLEARING LLC
	 
 	 
 	 
 
	 	By:  	/s/ Jeffrey
              N. Sime
	 	
              

              Jeffrey
                N. Sime, President

            
	 	 

    

    

      
        	 	LICENSEE:
	 	 
	 	UNITED
                WESTERN BANCORP, INC., 
	 	 	 
	 	 	 
	 	
                By:

              	
                 /s/
                  Theodore J. Abariotes

              
	 	
                Print
                  Name:

              	
                
                  
 Theodore
                  J. Abariotes

              
	 	
                Print
                  Title:

              	
                
                  
 Senior
                  Vice President

              
	 	 	
                

              
	 	 	 
	 	 	 
	 	 	 

      

    

    

    
      
         

      

      
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