Settlement and Debt Conversion Agreement Sample Contracts

Memorandum of Understanding for Settlement and Debt Conversion Agreement

Settlement and Debt Conversion Agreement • September 22nd, 2008 • Irvine Sensors Corp/De/ • Semiconductors & related devices

• Contract Type
  Settlement and Debt Conversion Agreement
• Filed
  September 22nd, 2008
• Company
  Irvine Sensors Corp/De/
• Industry
  Semiconductors & related devices

This Memorandum of Understanding (“Agreement”) is entered into by and among Irvine Sensors Corporation (the “Company”), Optex Systems, Inc. (“Optex- Texas”) and Longview Fund, LP and Alpha Capital Anstalt (collectively, “Lenders”) as of September 19, 2008.