Attached files
Exhibit 10.62
AMENDMENT TO THE
IMAGEWARE SYSTEMS, INC. 2020 OMNIBUS EQUITY INCENTIVE
PLAN
The
ImageWare Systems, Inc., 2020 Omnibus Equity Incentive Plan (the
“2020 Plan”) is hereby amended,
effective as of the date of adoption of this Amendment by the Board
of Directors of ImageWare Systems, Inc. (the “Company”):
1.
Section 4.1 of the
2020 Plan is amended in its entirety:
4.1 Authorized
Number of Shares
Subject
to adjustment under Section 14, the total number of shares of
Common Stock authorized to be awarded under the Plan shall not
exceed 145.0 million. In addition, shares of Common Stock
authorized and/or underlying any outstanding award granted under
the Predecessor Plans that, following the Effective Date, expires,
or is terminated, surrendered or forfeited for any reason without
issuance of such shares shall be available for the grant of new
Awards under this Plan. As provided in Section 1, no new
awards shall be granted under the Predecessor Plans following the
Effective Date. Shares issued under the Plan may consist in
whole or in part of authorized but unissued shares, treasury
shares, or shares purchased on the open market or otherwise, all as
determined by the Company from time to time.
* *
*
Except
as amended hereby, the terms and conditions of the Plan shall
otherwise continue in full force and effect.
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ImageWare
Systems, Inc.
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By:
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/s/ Kristin
Taylor
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Name:
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Kristin
Taylor
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Title:
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President
and Chief Executive Officer
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