0001144204-08-001189 Sample Contracts

EMPLOYMENT AGREEMENT OF MICHAEL PETERSON
Employment Agreement • January 8th, 2008 • Argyle Security, Inc. • Services-detective, guard & armored car services • Texas

This EMPLOYMENT AGREEMENT (the “Agreement”) is entered into as of January 1, 2008 (the “Effective Date”), by and between ISI Detention Contracting Group, Inc., a corporation organized under the laws of California (“Employer”), and Michael Peterson, an individual residing in Orange, CA, (“Executive”) on the following terms and conditions:

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ASSET PURCHASE AGREEMENT By and Between Peterson Detention Inc., a California corporation as the Seller, and ISI Detention Contracting Group, Inc., a California corporation as the Purchaser Effective as of January 1, 2008
Asset Purchase Agreement • January 8th, 2008 • Argyle Security, Inc. • Services-detective, guard & armored car services • Texas

THIS ASSET PURCHASE AGREEMENT (this “Agreement”), effective as of January 1, 2008 (the “Effective Date”), is by and between Peterson Detention Inc., a corporation organized under the laws of California (the “Seller”), and ISI Detention Contracting Group, Inc., a corporation organized under the laws of California (the “Purchaser”). Certain capitalized terms used in this Agreement are defined in Article X and elsewhere. Michael Peterson, the President of the Seller, and Leonard Peterson, the Secretary of the Seller, each of whom is also a principal shareholder of the Seller, are parties to this Agreement for the purposes set forth on the signature page hereof. Argyle Security, Inc., a Delaware corporation (“Argyle”), and ISI Security Group, Inc., a Delaware corporation (“ISI”), are likewise parties to this Agreement for the purposes set forth on the signature page hereof.

UNIT PURCHASE AGREEMENT By and Between The Individuals listed on Annex A (collectively, the “Seller”), and ISI Controls, Ltd., A Texas limited partnership, (the “Purchaser”) Dated as of January 7, 2008
Unit Purchase Agreement • January 8th, 2008 • Argyle Security, Inc. • Services-detective, guard & armored car services • Texas

THIS UNIT PURCHASE AGREEMENT (this “Agreement”), dated as of January 7, 2008 (the “Effective Date”), is by, between and among the owners and members listed on Annex A (collectively, the “Seller”) of Com-Tec Security, LLC, a limited liability company organized under the laws of Wisconsin (the “Company”), ISI Controls, Ltd., a Texas limited partnership, (including any permitted assignee thereof pursuant to Section 12.11, the “Purchaser”) and Jeffrey E. Corcoran, who shall be the representative of the Seller (the “Seller Representative”). Certain capitalized terms used in this Agreement are defined in Article XI.

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