IRVINE SENSORS CORPORATION NON-INCENTIVE STOCK OPTION AGREEMENTIrvine Sensors Corporation Non-Incentive Stock Option Agreement • May 15th, 2007 • Irvine Sensors Corp/De/ • Semiconductors & related devices • Delaware
This NON-INCENTIVE STOCK OPTION AGREEMENT (the “Agreement”) is made this ___day of ___, ___, by and between Irvine Sensors Corporation, a Delaware corporation (the “Company”) and ___, an individual resident of ___, ___(“Optionee”).
IRVINE SENSORS CORPORATION INCENTIVE STOCK OPTION AGREEMENTIrvine Sensors Corporation Incentive Stock Option Agreement • May 15th, 2007 • Irvine Sensors Corp/De/ • Semiconductors & related devices • Delaware
This INCENTIVE STOCK OPTION AGREEMENT (the “Agreement”) is made this ___day of ___, ___, by and between Irvine Sensors Corporation, a Delaware corporation (the “Company”) and ___, an individual resident of ___, ___(“Optionee”).
IRVINE SENSORS CORPORATION STOCK AWARD AGREEMENTIrvine Sensors Corporation Stock Award Agreement • May 15th, 2007 • Irvine Sensors Corp/De/ • Semiconductors & related devices • Delaware
This STOCK AWARD AGREEMENT (this “Agreement”), dated as of ___, ___(the “Effective Date”), is between Irvine Sensors Corporation, a Delaware corporation (the “Company”) and ___, an individual resident of ___(“Participant”). This Stock Award is granted under the Irvine Sensors Corporation 2006 Omnibus Incentive Plan (the “Plan”) and is subject to the terms of that Plan. This Agreement represents the Company’s unfunded and unsecured promise to issue common stock of the Company, $0.01 par value (“Common Stock”) at a future date, subject to the terms of this Agreement and the Plan.
IRVINE SENSORS CORPORATION RESTRICTED STOCK AWARD AGREEMENTIrvine Sensors Corporation Restricted Stock Award Agreement • May 15th, 2007 • Irvine Sensors Corp/De/ • Semiconductors & related devices • Delaware
This RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is made this day of , , by and between Irvine Sensors Corporation, a Delaware corporation (the “Company”) and , an individual resident of , (“Participant”).
IRVINE SENSORS CORPORATION STOCK APPRECIATION RIGHTS AGREEMENT (STOCK SETTLED)Irvine Sensors Corporation Stock Appreciation Rights Agreement • May 15th, 2007 • Irvine Sensors Corp/De/ • Semiconductors & related devices • Delaware
This STOCK APPRECIATION RIGHTS AGREEMENT (this “Agreement”), dated as of ___, ___(the “Effective Date”), is between Irvine Sensors Corporation, a Delaware corporation (the “Company”) and ___, an individual resident of ___(“Participant”). This Agreement is granted under the Irvine Sensors Corporation 2006 Omnibus Incentive Plan (the “Plan”) and is subject to the terms of that Plan. This Agreement represents the Company’s unfunded and unsecured promise to issue common stock of the Company, $0.01 par value (“Shares”) at a future date based on appreciation in the market value of such Shares from the date of this Agreement, subject to the terms of this Agreement and the Plan.
March 30, 2007 Irvine Sensors Corporation 3001 Red Hill Avenue Costa Mesa, CA 92626 Attn: John J. Stuart, Jr. Fax No.: (714) 444-8773 Gentlemen:Irvine Sensors Corp/De/ • May 15th, 2007 • Semiconductors & related devices
Reference is made to that certain Term Loan and Security Agreement (the “Agreement”) dated as of December 29, 2006 by and between Irvine Sensors Corporation, a Delaware corporation (the "Borrower”) and Longview Fund, L.P. and Alpha Capital Anstalt (collectively, the “Lender”), and those certain Term Notes issued thereunder (collectively, the “Term Notes”). Capitalized terms used but not defined herein shall have the respective meanings given to such terms in the Agreement.
