Confidential Transition Agreement and Release Sample Contracts

CONFIDENTIAL TRANSITION AGREEMENT AND RELEASE
Confidential Transition Agreement and Release • October 31st, 2011 • Irvine Sensors Corp/De/ • Semiconductors & related devices • California

This Confidential Transition Agreement and Release (this “Agreement”) is entered into by and between John Stuart (“Executive”) and Irvine Sensors Corporation (the “Company” or “Irvine Sensors”). Capitalized terms used but not defined in this Agreement shall have the meanings ascribed to them in the Employment Agreement between the Company and the Executive effective December 23, 2010, a copy of which is attached to and incorporated within this Agreement (Exhibit A, the “Employment Agreement”).

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