Tenth Amendment to Employment Agreement between ImageWare Systems, Inc. and S. James Miller, Jr.

Contract Categories: Human Resources › Employment Agreements
Summary

This amendment extends the employment agreement between ImageWare Systems, Inc. and S. James Miller, Jr. by one year, changing the end date from December 31, 2017 to December 31, 2018. All other terms of the original agreement remain unchanged. The amendment ensures the continued employment of Mr. Miller under the existing terms, with both parties agreeing to this extension as of September 12, 2017.

Read More Arrow
EX-10.2 4 ex10-2.htm TENTH AMENDMENT TO EMPLOYMENT AGREEMENT Blueprint
 
 
Exhibit 10.2
 
TENTH AMENDMENT
to
Employment Agreement
 
 
This Tenth Amendment to Employment Agreement (the "Tenth Amendment"), is being entered into effective September 12, 2017 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, April 6, 2009, December 10, 2009, March 10, 2011, January 31, 2012, November 1, 2013, January 9, 2015, December 14, 2015, and on October 20, 2016 (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 "2. Term of Agreement” strike the language "continue until December 31, 2017" and replace it with "continue until December 31, 2018".
 
2.
Except as expressly amended herein, the Employment Agreement shall continue and be in full force in all respects.
 
 
 
 
/s/ David Carey
 
/s/ S. James Miller, Jr.
ImageWare Systems, Inc.
By: David Carey, Chaiman of
Compensation Committee on behalf of
IWS Board of Directors
 
S. James Miller, Jr.