No Other Agreements Contract Clauses (11)

No Other Agreements. Executive hereby represents that he is not a party to any agreement which would be an impediment to entering into this Agreement or preclude him from entering into this Agreement, and he affirms that he has no agreement with any other party that would preclude his compliance with any of his obligations under this Agreement. 13 25. Amendment of Agreement. No change, modification or waiver of any provision of this Agreement shall be valid unless the same is in writing and signed by Executive and a...n authorized designated representative of the Board. View More

No Other Agreements. This Option Agreement is not a contract of employment and the terms of your service on the Board shall not be affected by, or construed to be affected by, this Option Agreement, except to the extent specifically provided herein. Nothing herein shall impose, or be construed as imposing, any obligation (i) on the part of the Company or any Subsidiary to continue your service on the Board, or (ii) on your part to remain in as a director of the Company or any Subsidiary. Please indicate your accepta...nce of all the terms and conditions of the Option by signing and returning a copy of this Option Agreement. e.Digital Corporation By: /s/ Alfred Falk Name: Alfred Falk Title: President & CEO ACCEPTED: /s/ Donald Springer Signature of Optionee Donald Springer Name of Optionee (Please Print) Date: November 2, 2016 3 EX-10.3.4 2 edigital_ex100304.htm NONSTATUTORY STOCK OPTION AGREEMENT Exhibit 10.3.4 E.DIGITAL CORPORATION NONSTATUTORY STOCK OPTION AGREEMENT November 2, 2016 Donald Springer #### ####### ## Lantana, TX ##### Re: Grant of Stock Option Dear Donald: In consideration of your agreement to serve on the board of directors (the "Board") of e.Digital Corporation (the "Company") and for other good and valuable consideration, the parties hereto, intending to be legally bound, agree as follows: 1. Grant of Option. Subject to the conditions set forth below, the Company hereby grants to you, effective as of November 2, 2016 ("Grant Date"), as a matter of separate inducement and not in lieu of any salary or other compensation for your services, the right and option to purchase (the "Option"), in accordance with the terms and conditions set forth herein, an aggregate of 250,000 shares of Stock of the Company (the "Option Shares"), at the Exercise Price (as hereinafter defined). As used herein, the term "Exercise Price" shall mean a price equal to $0.066 per share, subject to the adjustments and limitations set forth herein. In no event shall the exercise price be less than the greater of (a) the par value per share of a Share of Stock or (b) the Fair Market Value of a share of Stock as of the Grant Date. The Option granted hereunder is intended to constitute an Option which is not designed pursuant to section 422 of the Internal Revenue Code of 1986, as amended; however, you should consult with your tax advisor concerning the proper reporting of any federal or state tax liability that may arise as a result of the grant or exercise of the Option. View More