0001104659-05-010187 Sample Contracts

STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • March 9th, 2005 • Imageware Systems Inc • Services-prepackaged software • California

This Stock Purchase Agreement (“Agreement”) is made as of March 1, 2005 and is effective March 1, 2005, by and between Argus Solutions Ltd., a New South Wales, Australia corporation, carrying on business at Lvl 10, 55 Lavender Street, Milsons Point, NSW, 2061 Australia (“Buyer”) and Imageware Systems, Inc., a California corporation, carrying on business at 10883 Thornmint Road, San Diego, California, 92127, United States of America (“Seller”) and with respect to Section 6.9 only, the Company (as defined below).

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