0000310056-96-000002 Sample Contracts

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EXHIBIT 10.1 CREDIT AND SECURITY AGREEMENT
Credit and Security Agreement • January 16th, 1996 • Vicon Industries Inc /Ny/ • Communications equipment, nec • New York
EXHIBIT 10.7 EMPLOYMENT AGREEMENT AGREEMENT, dated as of June 1, 1995, between YACOV PSHTISSKY (hereinafter called "Pshtissky") and VICON INDUSTRIES, INC., a New York corporation, having its principal place of business at 525 Broad Hollow Road,...
Employment Agreement • January 16th, 1996 • Vicon Industries Inc /Ny/ • Communications equipment, nec • New York

AGREEMENT, dated as of June 1, 1995, between YACOV PSHTISSKY (hereinafter called "Pshtissky") and VICON INDUSTRIES, INC., a New York corporation, having its principal place of business at 525 Broad Hollow Road, Melville, New York 11747 (hereinafter called the "Company"). WHEREAS, Pshtissky has previously been employed by the Company, and WHEREAS, the Company and Pshtissky mutually desire to assure the continuation of Pshtissky's services to the Company, NOW, THEREFORE, in consideration of the premises and the mutual covenants herein set forth, the parties covenant and agree as follows: 1. Employment. The Company shall employ Pshtissky as its Vice President of Technology and Development throughout the term of this Agreement, and Pshtissky hereby accepts such employment. 2. Term. The term of this Agreement shall commence as of the date of this Agreement and end on September 30, 1997. 3. Compensation. A. The Company shall pay Pshtissky a base salary of $100,000 per annum, subject to perio

EXHIBIT 10.5 Mr. Arthur D. Roche Vicon Industries, Inc. 525 Broad Hollow Road Melville, NY 11747 October 1, 1995 Dear Arthur: After the recent discussions between you and the Compensation Committee, it is mutually agreed that you will be employed by...
Employment Agreement • January 16th, 1996 • Vicon Industries Inc /Ny/ • Communications equipment, nec

After the recent discussions between you and the Compensation Committee, it is mutually agreed that you will be employed by the Company as its Executive Vice President for a period of no less than two years at an annual salary of $150,000. plus benefits as previously outlined in the minutes of the Board of Directors. This agreement will be reviewed by the Compensation Committee of the Board of Directors at the end of one year, and can be extended for an additional year at that time. Should a change of control of the Company occur, you may elect to terminate your employment and receive a lump sum severance payment. Such severance payment shall mean the amount that is equal to two times your annual salary reduced by the salary amounts paid to you from the date of this agreement. A "Change of Control" shall be deemed to have occurred at such time as (i) any other entity or "person" (as defined in sections 13 (d) and 14 (d) of the Securities Exchange Act of 1934) shall become directly or i

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