SEC Contract Filing

Filing Date: 2023-05-22

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>intrusion_ex1001.htm
<DESCRIPTION>AMENDED OMNIBUS STOCK INCENTIVE PLAN OF INTRUSION, INC.
<TEXT>
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><U>EXHIBIT 10.1</U></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">INTRUSION INC.</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>AMENDED</U> 2021 OMNIBUS INCENTIVE PLAN</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>1.<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B></FONT><B><FONT STYLE="font-size: 10pt">Purpose. </FONT></B><FONT STYLE="font-size: 10pt"><U>The Intrusion Inc. 2021 Omnibus
Incentive Plan was originally adopted and became effective on March 25, 2021, which was the date of its adoption by the Board, subject
to the approval by the stockholders of the Company. The purpose of the Intrusion Inc. Amended 2021 Omnibus Incentive Plan, which shall
be effective upon its approval by the Board and the stockerholders of the Company,</U> is to provide a means through which the Company
and its Affiliates may attract and retain key personnel and to provide a means whereby directors, officers, employees, consultants and
advisors of the Company and its Affiliates can acquire and maintain an equity interest in the Company, or be paid incentive compensation,
including incentive compensation measured by reference to the value of Common Stock, thereby strengthening their commitment to the welfare
of the Company and its Affiliates and aligning their interests with those of the Company&rsquo;s stockholders.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2.<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B></FONT><B><FONT STYLE="font-size: 10pt">Definitions</FONT></B><FONT STYLE="font-size: 10pt">. The following definitions shall
be applicable throughout the Plan:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><B>&ldquo;</B><U>Affiliate</U><B>&rdquo; </B>means each of the following: (a) any Subsidiary; (b)
any Parent; (c) any corporation, trade or business (including without limitation a partnership or limited liability company) which is
directly or indirectly controlled 50% or more (whether by ownership of stock, assets or an equivalent ownership interest or voting interest)
by the Company or one of its Affiliates; (d) any trade or business (including a partnership or limited liability company) which directly
or indirectly controls 50% or more (whether by ownership of stock, assets or an equivalent ownership interest or voting interest) of the
Company; and (e) any other entity in which the Company or any of its Affiliates has a material equity interest and which is designated
as an &ldquo;Affiliate&rdquo; by resolution of the Committee; provided that, unless determined by the Committee, the Common Stock subject
to any Award will constitute &ldquo;service recipient stock&rdquo; for purposes of Section 409A of the Code or will not subject the Award
to Section 409A of the Code.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">&ldquo;<U>Award</U>&rdquo; means any award under the Plan of any Stock Option, Stock Appreciation
Right, Restricted Stock Award, Performance Award, Other Stock-Based Award or Other Cash-Based Award. All Awards shall be granted by, confirmed
by, and subject to the terms of, a written agreement executed by the Company and the Participant.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><B>&ldquo;</B><U>Award Agreement</U><B>&rdquo; </B>means the written or electronic agreement setting
forth the terms and conditions applicable to an Award.</FONT></P>

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