-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 AHqN+eu6t3ZzZewv5dtkEfCsZILQHKHNW5cNAMDeptEMYAr38fA7pUMpIh7EmgXI
 tVDwMoyqp1uejUlRaF/BSA==

<SEC-DOCUMENT>0001193125-07-213470.txt : 20071004
<SEC-HEADER>0001193125-07-213470.hdr.sgml : 20071004
<ACCEPTANCE-DATETIME>20071004172015
ACCESSION NUMBER:		0001193125-07-213470
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20070928
ITEM INFORMATION:		Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20071004
DATE AS OF CHANGE:		20071004

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTERLINK ELECTRONICS INC
		CENTRAL INDEX KEY:			0000828146
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER PERIPHERAL EQUIPMENT, NEC [3577]
		IRS NUMBER:				770056625
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21858
		FILM NUMBER:		071157443

	BUSINESS ADDRESS:	
		STREET 1:		546 FLYNN RD
		CITY:			CAMARILLO
		STATE:			CA
		ZIP:			93012
		BUSINESS PHONE:		8054848855

	MAIL ADDRESS:	
		STREET 1:		546 FLYNN ROAD
		CITY:			CAMARILLO
		STATE:			CA
		ZIP:			93012

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERLINK ELECTRONICS
		DATE OF NAME CHANGE:	19940525
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

<HR SIZE="3" NOSHADE COLOR="#000000" ALIGN="left"> <P STYLE="margin-top:3px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>UNITED STATES </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="3"><B>Washington, D.C. 20549 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="5"><B>FORM 8-K </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="3"><B>CURRENT REPORT </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934 </B>
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Date of Report (Date of earliest event reported): September&nbsp;28, 2007 </B></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6"><B>INTERLINK ELECTRONICS, INC. </B>
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Exact name of registrant as specified in its charter) </B></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>DELAWARE</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>0-21858</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>77-0056625</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(State or other jurisdiction</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>of incorporation)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Commission File Number)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(IRS Employer</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>Identification No.)</B></FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>546 Flynn Road, Camarillo, California</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>93012</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Address of principal executive offices)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Zip Code)</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Registrant's telephone number, including area code: (805)&nbsp;484-8855 </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>No Change </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Former name or former
address, if changed since last report) </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT FACE="WINGDINGS" SIZE="2" COLOR="#000000">&#168;</FONT><FONT FACE="Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT FACE="WINGDINGS" SIZE="2" COLOR="#000000">&#168;</FONT><FONT FACE="Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR></TABLE> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT FACE="WINGDINGS" SIZE="2" COLOR="#000000">&#168;</FONT><FONT FACE="Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR></TABLE> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT FACE="WINGDINGS" SIZE="2" COLOR="#000000">&#168;</FONT><FONT FACE="Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR SIZE="3" NOSHADE COLOR="#000000" ALIGN="left">

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;5.02.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. </B></FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Transition Letter Agreement </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">On September&nbsp;28,
2007, Interlink Electronics, Inc. (the &#147;<U>Company</U>&#148;) and E. Michael Thoben, III (&#147;<U>Thoben</U>&#148;), President and Chief Executive Officer of the Company, entered into a Transition Letter Agreement (the &#147;<U>Letter
Agreement</U>&#148;). The Letter Agreement provides that during the transition period (the &#147;<U>Transition Period</U>&#148;), which begins on September&nbsp;28, 2007 and continues until the earlier to occur of (a)&nbsp;the appointment of a new
President and Chief Executive Officer and (b)&nbsp;January&nbsp;4, 2008, Thoben will continue to be employed by the Company as President and Chief Executive Officer. During the Transition Period, Thoben will participate actively in the search for
his successor. Upon expiration of the Transition Period, Thoben&#146;s employment with the Company as President and CEO will terminate and Thoben will (x)&nbsp;be entitled to receive severance benefits pursuant to the Severance Agreement (defined
below), (y)&nbsp;continue as a member of the Board of Directors of the Company (the &#147;<U>Board</U>&#148;) and (z)&nbsp;be appointed to the position of Vice-Chairman of the Board. Stock options held by Thoben at the end of the Transition Period
shall be immediately vested and shall remain exercisable for a period of one year from the end of the Transition Period. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The Transition
Letter Agreement is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Employment and Severance
Agreement </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">On September&nbsp;28, 2007, the Company entered into an Employment and Severance Agreement (the &#147;<U>Severance
Agreement</U>&#148;) with Thoben. The Severance Agreement provides that if Thoben&#146;s employment is terminated by the Company other than for Cause (as defined in the Severance Agreement), upon the expiration of the Transition Period or by Thoben
for Good Reason (as defined in the Severance Agreement), then Thoben is entitled to receive the following benefits upon termination (subject to limitation as required to avoid taxation under Section&nbsp;409A of the Internal Revenue Code):
</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(i)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">one and a half times Thoben&#146;s annual compensation without regard to performance measures, payable in a lump sum forty days from the Date of Termination (as defined in the
Severance Agreement); </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(ii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">an amount equal to one hundred percent of the sum of all cash compensation paid or payable to Thoben based on performance measures with respect to the last complete calendar year,
payable in a lump sum forty days from the Date of Termination; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(iii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">one hundred percent of unvested options to purchase the Company&#146;s Common Stock held by Thoben on the Date of Termination shall be accelerated and become immediately
exercisable; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(iv)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">the Company will arrange to provide health and insurance benefits to Thoben and his dependents for a period of eighteen months after the Date of Termination; and
</FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(v)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">payment for vacation time earned but not taken as of the Date of Termination. </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">The Employment and Severance Agreement is attached as Exhibit 10.2 to this Current Report on Form 8-K and is incorporated herein by reference. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><B>Change in Control Agreement </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">On September&nbsp;28, 2007, the Company entered into a Change in Control
Agreement (the &#147;<U>Change in Control Agreement</U>&#148;) with Charles C. Best (&#147;<U>Best</U>&#148;), the Chief Financial Officer of the Company. The Change in Control Agreement supersedes in its entirety a prior change in control agreement
between the Company and Best and provides that if Best is terminated without Cause (as defined in the Change in Control Agreement) by the </FONT>
</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">Company or terminates his own employment for Good Reason (as defined in the Change in Control Agreement), in either case after (a)&nbsp;the occurrence of a
Potential Change in Control (as defined in the Change in Control Agreement) (b)&nbsp;concurrent with a Change in Control (as defined in the Change in Control Agreement), or (c)&nbsp;within twelve months after a Change in Control, then Best will be
entitled to receive the following benefits upon termination (subject to limitation as required to avoid taxation under Section&nbsp;409A of the Internal Revenue Code): </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(i)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">one hundred percent of Best&#146;s annual compensation without regard to performance measures, with one-half of such amount payable in six equal monthly installments during the six
month period following the date his employment is terminated and the balance paid in a lump sum on the date that is six months after such termination; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(ii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">an amount equal to the average of all cash compensation paid or payable to Best based on performance measures with respect to the each of the last three calendar years, payable in
equal amounts concurrently with the six monthly installments referred to in clause (i)&nbsp;above; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(iii)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">one hundred percent of unvested options to purchase the Company&#146;s Common Stock held by Best on the date his employment is terminated shall be accelerated and become immediately
exercisable; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(iv)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">the Company will arrange to provide health and insurance benefits to Best and his dependents for a period of twelve months after the date his employment is terminated; and
</FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(v)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">payment for vacation time earned but not taken as of the date Best&#146;s employment is terminated. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The Change in Control Agreement is attached as Exhibit 10.3 to this Current Report on Form 8-K and is incorporated herein by reference. </FONT></P> <P
STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;8.01.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>OTHER EVENTS. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">On September&nbsp;28, 2007, the
Company issued a press release announcing that (i)&nbsp;Thoben will resign as an officer of the Company in early 2008 (ii)&nbsp;in the interim Thoben will continue to serve as President and Chief Executive Officer and will participate actively in
the search for his successor and (iii)&nbsp;following his resignation, Thoben will remain a director of the company and will be appointed Vice-Chairman of the Board. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated
herein by reference. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;9.01.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>FINANCIAL STATEMENTS AND EXHIBITS. </B></FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Exhibits. </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="95%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Transition Letter Agreement by and between Interlink Electronics, Inc. and E. Michael Thoben, III, dated September&nbsp;28, 2007.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Employment and Severance Agreement by and between Interlink Electronics, Inc. and E. Michael Thoben, III, dated September 28, 2007.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.3</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Change in Control Agreement by and between Interlink Electronics, Inc. and Charles C. Best, dated September 28, 2007.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">99.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Press Release dated September 28, 2007.</FONT></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SIGNATURE </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Date: October&nbsp;4, 2007. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>INTERLINK ELECTRONICS, INC.</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ E. MICHAEL THOBEN, III</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">E. Michael Thoben, III,</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">President and Chief Executive Officer</FONT></TD></TR>
</TABLE></DIV>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>dex101.htm
<DESCRIPTION>TRANSITION LETTER AGREEMENT
<TEXT>
<HTML><HEAD>
<TITLE>Transition Letter Agreement</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 10.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>Interlink Electronics, Inc. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">546 Flynn Rd. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">Camarillo, California 93012 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">September&nbsp;28, 2007 </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Mr.&nbsp;E. Michael Thoben, III </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">President and Chief Executive Officer
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Interlink Electronics, Inc. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">546 Flynn Rd. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Camarillo, California 93012 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Re: Transition Arrangements and
Understandings </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Dear Michael: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">This letter
memorializes our recent conversations relating to the transition under which you will assist Interlink in implementing a transition as a part of which you will retire as President and Chief Executive Officer but remain on Interlink&#146;s Board of
Directors. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">1. <U>Transition Period</U>. The Transition Period shall begin on the date of your acknowledgement of this letter and shall end on the earlier
to occur of (i)&nbsp;the appointment of a new President and Chief Executive Officer and (ii)&nbsp;January&nbsp;4, 2008. The end of the Transition Period shall mark the date in which your employment with Interlink terminates. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">2. <U>Duties During the Transition Period</U>. Subject to Section&nbsp;3, during the Transition Period you agree to continue to act, and Interlink agrees to employ you,
as President and Chief Executive Officer without change in your duties or authority in that capacity and without change in your compensation arrangements as approved by the Board of Directors on September&nbsp;19, 2007. You further agree to assist
the Board of Directors in all reasonable respects in the search for your replacement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">3. <U>Termination of Employment During the Transition Period</U>.
During the Transition Period, Interlink may terminate your employment &#147;for Cause&#148; and you may terminate your employment for &#147;Good Reason&#148;, each as defined in that certain Employment and Severance Agreement, dated the date hereof,
between you and Interlink (the &#147;Severance Agreement&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">4. <U>Continuing Relationship</U>. Upon the expiration of the Transition Period and the
simultaneous termination of your employment as President and Chief Executive Officer (other than a termination for Cause) you will remain a member of the Board of Directors and will be appointed Vice Chairman of the Board. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">5. <U>Effect of Termination on Severance Agreement</U>. Termination of your employment as President and Chief Executive Officer at the end of the Transition Period
entitles you to Severance Benefits under the Severance Agreement without regard to any continuing relationship between you and Interlink, as provided herein or otherwise. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">6. <U>Provisions Relating to Options</U>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">(a) In the event of a merger, consolidation, plan of exchange, acquisition of property or stock, spin-off, split-off, reorganization or liquidation to which the Company or a subsidiary is a party or a sale of all or
substantially all of the Company&#146;s assets that occurs during the Transition Period, Interlink shall cause all of the options then held by you to become vested and exercisable during a period of 30 days preceding the effective date of such
event. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(b) Interlink will take such actions, if any, as may be required to cause all of the options held by you on the date on which the
Transition Period ends to remain exercisable for a period of one year from such date. In complying with the provisions of this Section&nbsp;6(b) Interlink may take actions that cause any or all of such options to fail to meet the requirements for
treatment as incentive stock options. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">If you are in agreement with the provisions of this letter, please sign and date a copy in the
spaces provided below and return it to me. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Sincerely,</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/&nbsp;&nbsp;JOHN A. BUCKETT II</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">John A. Buckett II</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">(for the Board of Directors)</FONT></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">I agree to the foregoing, this 28th day of September, 2007. </FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/&nbsp;&nbsp;E. MICHAEL THOBEN, III</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">E. Michael Thoben, III</FONT></TD></TR>
</TABLE></DIV>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>dex102.htm
<DESCRIPTION>EMPLOYMENT AND SEVERANCE AGREEMENT
<TEXT>
<HTML><HEAD>
<TITLE>Employment and Severance Agreement</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 10.2 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>EMPLOYMENT AND SEVERANCE AGREEMENT </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Michael Thoben </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Interlink Electronics, Inc., </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">This Employment and Severance Agreement (the &#147;Agreement&#148;) is
entered into as of this 28th day of September, 2007, by and between E. Michael Thoben III (&#147;Officer&#148;) and Interlink Electronics, Inc., a Delaware corporation (the &#147;Company&#148;). </FONT></P> <P
STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>RECITALS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">A. Officer is currently a
member of senior management of the Company, serving in the capacity of Chief Executive Officer and President. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">B. The Company would like to
continue to retain the service of Officer through the Transition Period as such term is defined in that certain Transition Letter Agreement dated September&nbsp;28, 2007, a copy of which is attached hereto and incorporated herein by reference as if
set forth in full. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">B. The Company desires to provide certain protection to Officer in the event of termination of Officer&#146;s
employment, other than for &#147;cause&#148;, as defined herein, in order to induce Executive to remain in the employ of the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">C.
The Company considers the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interest of the Company and its stockholders. In this connection, the Company recognizes that, as is the
case with many publicly held corporations, the possibility of a change in control may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of management
personnel to the detriment of the Company and its stockholders. Accordingly, the Board of Directors of the Company (the &#147;<U>Board</U>&#148;) has determined that appropriate steps should be taken to reinforce and encourage the continued
attention and dedication of members of the Company&#146;s management to their assigned duties without distraction in circumstances arising from the possibility of a change in control of the Company. This Agreement is designed to serve this function,
as well as to provide added protections to Officer in the event of termination under the circumstances described below. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">D. This Agreement,
the form of which has been approved by the Board, sets forth the severance benefits which the Company agrees will be provided to Officer in the event Officer&#146;s employment with the Company is terminated under the circumstances described below.
</FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">NOW THEREFORE, in consideration of the mutual covenants contained herein, the parties hereby agree as
follows: </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>AGREEMENT </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2"><B>1. Definitions</B>. The following terms shall have the following meanings for purposes of this Agreement: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(i)
&#147;<U>Capped Benefits</U>&#148; has the meaning ascribed to it in Section&nbsp;6. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(ii) &#147;<U>Cause</U>&#148; shall
mean </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(A) the willful and continued failure by Officer substantially to perform Officer&#146;s reasonably assigned duties
with the Company consistent with those duties assigned to Officer, other than a failure resulting from Officer&#146;s incapacity due to physical or mental illness, after a written demand for performance has been delivered to Officer by the Board
which specifically identifies the manner in which the Board believes that Officer has not substantially performed Officer&#146;s duties and which is not or cannot be cured within ninety (90)&nbsp;days after written demand; </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(B) the conviction of guilty or entering of a <I>nolo contendere</I> plea to a felony, which is materially and demonstrably injurious to
the Company; or </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(C) the commission of an act by Officer, or the failure by Officer to act, which constitutes gross
negligence or gross misconduct and which is not or cannot be cured within sixty (60)&nbsp;days after written notice from the Board. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">For
purposes of this Section&nbsp;1(ii), no act, or failure to act, on Officer&#146;s part shall be considered &#147;willful&#148; unless done, or omitted, by Officer in bad faith. Any act, or failure to act, expressly authorized by a resolution duly
adopted by the Board or based upon the advice of counsel for the Company shall be conclusively presumed to be done, or be an omission, by Officer in good faith. Notwithstanding the foregoing, Officer shall not be deemed to have been terminated for
Cause unless the Board shall have delivered to Officer a copy of a resolution duly adopted by the Board finding, after reasonable notice to Officer and an opportunity for Officer to be heard with respect to such matter, that in the good faith
opinion of the Board, Officer has engaged in the conduct set forth above in (A), (B), or (C)&nbsp;of this Section&nbsp;1(ii). Any such determination by the Board shall be subject to de novo review in mediation or in arbitration conducted pursuant to
Section&nbsp;16. The Company shall take all reasonable steps to enable Officer to effect a cure as contemplated by this Section&nbsp;1(ii), provided, however, that nothing in this Agreement shall be construed to prevent the Company from taking
reasonable steps to preserve evidence and the chain of custody thereof and otherwise to take such actions as the Company reasonably deems to be appropriate to comply with legal obligations applicable to it or with the fiduciary obligations of its
Board of Directors. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(iii) &#147;<U>Change in Control</U>&#148; shall mean the occurrence of any of the
following events: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(A) any consolidation, merger, plan of share exchange, or other reorganization involving the Company (a
&#147;<U>Merger</U>&#148;) as a result of which the holders of outstanding securities of the Company ordinarily having the right to vote for the election of directors (&#147;<U>Voting Securities</U>&#148;) immediately prior to the Merger do not
continue to hold at least 50% of the combined voting power of the outstanding Voting Securities of the surviving or continuing corporation immediately after the Merger, disregarding any Voting Securities issued or retained by such holders in respect
of securities of any other party to the Merger; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(B) any sale, lease, exchange or other transfer (in one transaction or a
series of related transactions) of all, or substantially all, the assets of the Company; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(C) the adoption of any plan or
proposal for the liquidation or dissolution of the Company; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(D) any Person (as defined below) shall have become the
beneficial owner (within the meaning of Rule 13d-3 under the Securities Exchange Act of 1934 (the &#147;<U>Exchange Act</U>&#148;)), directly or indirectly, of securities of the Company ordinarily having the right to vote for the election of
directors representing 50% or more of the outstanding shares of common stock or combined voting power of the then outstanding Voting Securities; or </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">(E) The appointment of a State court receiver or a Bankruptcy Trustee, or the functional equivalent thereof </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman"
SIZE="2">Notwithstanding anything in the foregoing to the contrary, unless otherwise determined by the Board, no Change in Control shall be deemed to have occurred for purposes of this Agreement if (1)&nbsp;Officer acquires (other than on the same
basis as all other holders of the Company shares) an equity interest in an entity that acquires the Company in a Change in Control otherwise described under Section&nbsp;1(ii)(A) or (B)&nbsp;above, or (2)&nbsp;Officer is part of group that
constitutes a Person which becomes a beneficial owner of Voting Securities in a transaction that otherwise would have resulted in a Change in Control under Section&nbsp;1(ii) (D)&nbsp;above. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(iv) &#147;<U>Control Period</U>&#148; shall mean the period commencing on the occurrence of a Potential Change in Control and ending on
the earliest of (A)&nbsp;a date which is 270 days from the occurrence of such Potential Change in Control, (B)&nbsp;a termination of Officer&#146;s employment pursuant to which Officer becomes entitled under this Agreement to receive Severance
Benefits, or (C)&nbsp;termination of activities leading to a Change in Control without the occurrence of a Change in Control. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">(v) &#147;<U>Date of Termination</U>&#148; has the meaning ascribed to it in Section&nbsp;5. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(vi) &#147;<U>Deemed Performance Amount</U>&#148; shall mean the sum of all cash
compensation paid or payable to Officer based on performance measures with respect to the last complete calendar year. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">(vii) &#147;<U>Disability</U>&#148; shall mean the absence of Officer from Officer&#146;s duties with the Company on a full time basis for 180 consecutive days as a result of Officer&#146;s incapacity due to physical or mental illness,
unless, within 30 days after a Notice of Termination (as defined below) is given to Officer following such absence, Officer shall have returned to the full performance of Officer&#146;s duties. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(viii) &#147;<U>Effective Date</U>&#148; has the meaning ascribed to it in Section&nbsp;3. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(ix) &#147;<U>Good Reason</U>&#148; shall mean: </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(A) a diminution of Officer&#146;s status, title, position(s), or responsibilities from Officer&#146;s status, title, position(s), and
responsibilities as an employee, or the assignment to Officer of any duties or responsibilities which are inconsistent with such status, title, position(s), or responsibilities (in either case other than isolated, insubstantial or inadvertent
actions which are remedied after notice), or any removal of Officer from such position(s), except in connection with the termination of Officer&#146;s employment for Cause, Disability or as a result of Officer&#146;s death or voluntarily by Officer
other than for Good Reason, and provided that, following acquisition of the Company or its business by another entity, Officer&#146;s status, title, position(s) or responsibilities shall not be deemed diminished as a result of the fact that Officer
reports to a more senior officer of the acquiring company as long as Officer&#146;s responsibility involves the management of the Company&#146;s business or former business or a business of equivalent importance; </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(B) a reduction by the Company in Officer&#146;s rate of base salary, bonus or incentive opportunity or a substantial reduction in
benefits (other than reductions that do not impact optionee&#146;s compensation opportunity, taken as a whole) of more than 10%; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">(C) the Company&#146;s requiring Officer to be based more than 50 miles from the principal office at in which Officer is based, except for reasonably required travel on the Company&#146;s business; or </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(D) the Company&#146;s failure to obtain a consent requested by Officer pursuant to Section&nbsp;8(i) of; or </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(E) The failure of the Company to obtain an agreement, satisfactory to the Officer, from any successors and assigns to assume and agree to
perform this Agreement. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(x) &#147;<U>Notice of Termination</U>&#148; has the meaning ascribed to it in Section&nbsp;5.
</FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(xi) &#147;<U>Potential Change in Control</U>&#148; shall mean the occurrence of any of
the following: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(A) the Company enters into an agreement or letter of intent, the approval of which by the shareholders
would result in the occurrence of a Change in Control of the Company; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(B) any Person (including the Company) publicly
announces an intention to take or to consider taking actions which if consummated would constitute a Change in Control of the Company; or </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">(C) the Board adopts a resolution to the effect that, for purposes of this Agreement, a Potential Change in Control of the Company has occurred; </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(xii) &#147;<U>Person</U>&#148; shall mean and include any individual, corporation, partnership, group, association or other
&#147;person&#148;, as such term is used in Section&nbsp;14(d) of the Exchange Act, other than the Company, any subsidiary of the Company or any employee benefit plan(s) sponsored by the Company. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(xiii) &#147;<U>Plan</U>&#148; shall mean any compensation plan such as an incentive, stock option or restricted stock plan or any
employee benefit plan such as a thrift, pension, profit sharing, medical, disability, accident, life insurance, or relocation plan or policy or any other plan, program or policy of the Company intended to benefit employees. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%;padding-bottom:3px;line-Height:95%; vertical-align:top"><FONT FACE="Times New Roman" SIZE="2">(xiv) &#147;<U>Retirement</U>&#148; shall mean termination on or after
Officer&#146;s 65<FONT FACE="Times New Roman" SIZE="1"><SUP>th</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"> birthday. </FONT></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">(xv) &#147;<U>Severance Benefits</U>&#148; has the meaning ascribed to it in Section&nbsp;6. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(xvi)
&#147;<U>Specified Benefits</U>&#148; has the meaning ascribed to it in Section&nbsp;6. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(xvii) &#147;<U>Successor</U>&#148;
has the meaning ascribed to it in Section&nbsp;8(i). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>2. Agreement to Provide Services; Right to Terminate; Compensation and
Benefits</B>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(i) In the event of a Potential Change in Control, and thereafter during the Control Period, Officer will not
terminate his employment with the Company (other than as a result of Disability, upon Retirement, for Good Reason and/or the expiration of the Transition Period), and Company agrees not to terminate Officer other than for Cause. During the Control
Period, Officer will render the services contemplated in the recitals to this Agreement. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(ii) During the Control Period,
Officer shall continue to receive the same compensation, including any bonus and/or stock options, and other Company benefits under any plan or program as Officer currently is receiving as of the Effective Date of this Agreement, in addition to any
other rights or benefits that he shall receive in accordance with this Agreement. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>3. Effective Date</B>. The effective date of this Agreement is the date above written (the
&#147;<U>Effective Date</U>&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>4. Term of Agreement</B>. This Agreement shall commence on the Effective Date and shall continue in
effect until the end of the Transition Period. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>5. Notice of Termination; Effective Date of Termination</B>. Any purported termination
by the Company or by Officer, other than termination of employment upon the expiration of the Transition Period, shall be communicated by written Notice of Termination to the other party hereto. For purposes of this Agreement, a &#147;<U>Notice of
Termination</U>&#148; shall mean a notice which shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of
Officer&#146;s employment under the provision so indicated. The &#147;<U>Date of Termination</U>&#148; shall mean (a)&nbsp;if Officer&#146;s employment is to be terminated for Disability, 30 days after Notice of Termination is given (provided that
Officer shall not have returned to the performance of Officer&#146;s duties on a full-time basis during such 30 day period), (b)&nbsp;if Officer&#146;s employment is to be terminated by the Company for Cause, the date on which a Notice of
Termination is given, (c)&nbsp;if Officer&#146;s employment is terminated upon the expiration of the Transition Period, the actual date of expiration, and (d)&nbsp;if Officer&#146;s employment is to be terminated by Officer or by the Company for any
other reason, the date specified in the Notice of Termination, which shall be a date no earlier than 60 days after the date on which a Notice of Termination is given, unless an earlier date has been agreed to by the party receiving the Notice of
Termination either in advance of, or after, receiving such Notice of Termination. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>6. Severance Benefits</B>. If Officer&#146;s
employment by the Company is terminated by the Company other than for Cause, if Officer&#146;s employment is terminated upon the expiration of the Transition Period, or if Officer&#146;s employment is terminated by Officer for Good Reason, then
Officer shall be entitled, without regard to any contrary provisions of any Plan, to severance benefits (the &#147;<U>Severance Benefits</U>&#148;) equal to the lesser of the Specified Benefits (as defined in subsection (i)&nbsp;below), or the
Capped Benefits (as defined in subsection (ii) below): </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(i) The &#147;<U>Specified Benefits</U>&#148; are as follows:
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(A) the Company shall compensate Officer through the Date of Termination, as follows: </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(1) with respect to all amounts payable without regard to performance measures (including, without limitation, any amount payable to any
entity then owned by Officer as reimbursement for the use of the aircraft owned by such entity), the full amount of such compensation on the Date of Termination; and </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(2) with respect to all amounts payable based on performance measures, any benefits or awards (including both cash and stock components)
which pursuant to the terms of any plans have been earned or </FONT>
</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%">
<FONT FACE="Times New Roman" SIZE="2">if partially earned then to the extent of the percentage to which such performance measure is attained , but which have not yet been paid to Officer,
provided that all such amounts shall be paid at the time or times specified in such plans and not at the time for payment under (i)(B); </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">(B) as severance pay and in lieu of any further salary for periods subsequent to the Date of Termination, the Company shall pay to Officer an amount in cash (subject to applicable taxes and withholdings) determined as
follows: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(1) One and one half times Officer&#146;s annualized compensation without regard to performance measures
(including, without limitation, any amount payable to any entity then owned by Officer as reimbursement for the use of the aircraft owned by such entity and any other recurring allowances to which Officer was entitled on the Date of Termination),
payable at the rate in effect just prior to the time of the Notice of Termination paid in a lump sum on the date that is forty days (40)&nbsp;days after the Date of Termination; and </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(2) an amount equal to One Hundred percent (100%)&nbsp;of the aggregate amount of Officer&#146;s Deemed Performance Amount, which amount
shall be paid in a lump sum on a date that is forty days (40)&nbsp;after Date of Termination. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(C) One hundred percent
(100%)&nbsp;of unvested options to purchase the Company&#146;s Common Stock held by Officer on the Date of Termination shall be accelerated so that such options are immediately exercisable; </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(D) for eighteen months after the Date of Termination, the Company shall arrange to provide Officer and Officer&#146;s dependents with
life, accident, medical and dental insurance benefits substantially similar to those which Officer was receiving immediately prior to the time of the Notice of Termination. Notwithstanding the foregoing, the Company shall not provide any benefit
otherwise receivable by Officer pursuant to this paragraph (D)&nbsp;to the extent that a similar benefit is actually received by Officer from a subsequent employer during such one year period, and Officer agrees to report to the Company any such
benefit expected to be received and such benefit actually received by Officer; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(E) the Company shall pay Officer upon the
Date of Termination for any vacation time earned but not taken at the Date of Termination, at an hourly rate equal to Officer&#146;s annual base salary as in effect immediately prior to the time a Notice of Termination is given divided by 2080.
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(ii) The &#147;<U>Capped Benefits</U>&#148; equals the Specified Benefits, reduced by the minimum amount necessary to
prevent any portion of the Specified Benefits from being a &#147;<U>parachute payment</U>&#148; as defined in Section&nbsp;280G (b)(2) of the Internal Revenue Code of </FONT>
</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%">
<FONT FACE="Times New Roman" SIZE="2">1986, as amended (the &#147;<U>Code</U>&#148;), or any successor provision. The amount of the Capped Benefits shall therefore equal (i)&nbsp;three times the
&#147;<U>base amount</U>&#148; as defined in Code &#167; 280G (b)(3)(A), reduced by one Dollar ($1.00), and further reduced by (ii)&nbsp;the present value of all other payments and benefits Officer is entitled to receive from the Company that are
contingent upon a change in control of the Company within the meaning of Code &#167; 280G (b)(2)(A)(i), including accelerated vesting of options and other awards under the Company&#146;s stock option plans, and increased by (iii)&nbsp;all Specified
Benefits that are not contingent upon a change in control within the meaning of Code &#167; 280G (b)(2)(A)(i). Specified Benefits under (B)(1) shall be reduced first to achieve the Capped Benefits amount, then amounts under (B)(2) shall be reduced
to the extent necessary to achieve the Capped Benefits amount. The parties recognize that there is some uncertainty regarding the computations under Code &#167; 280G which must be applied to determine the Capped Benefits. Accordingly, the parties
agree that, after the Severance Benefit is paid, the amount of the Capped Benefits may be retroactively adjusted to the extent any subsequent Internal Revenue Service regulations, rulings, audits or other pronouncements establish that the original
calculation of the Capped Benefits was incorrect. In that case, amounts shall be paid or reimbursed between the parties so that Officer will have received the Severance Benefit Officer would have received if the Capped Benefits had originally been
calculated correctly. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(iii) If Officer is a &#147;<U>specified employee</U>&#148; within the meaning of Code &#167;
409A(a)(2)(B)(i) and any payment required to be made pursuant to this Section&nbsp;6 is subject to Code &#167; 409A and not exempt from those requirements under any applicable regulations or other guidance of general applicability, then any such
payment otherwise payable on account of Officer&#146;s termination of employment during the period ending on the date that is six months after the Date of Termination shall be paid in a lump sum on the date that is six months after Officer&#146;s
Date of Termination instead of the date on which it would otherwise be paid. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(iv) Except as specifically provided above,
the amount of any payment provided for in this Section&nbsp;6 shall not be reduced, offset or subject to recovery by the Company by reason of any compensation earned by Officer as the result of employment by another employer after the Date of
Termination, or otherwise. Officer&#146;s entitlements under this Section&nbsp;6 are in addition to, and not in lieu of, any rights, benefits or entitlements Officer may have under the terms or provisions of any Plan. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>7. Release of Claims</B>. The Company shall have the right to require Officer to execute a general release of claims relating to Officer&#146;s
employment at the Company and termination of employment at the Company that could be brought by Officer under this Agreement as a condition to Officer&#146;s receipt of any payments pursuant to Section&nbsp;6; provided that the Company and each of
its affiliates shall release any and all claims that each of them may have against Officer, as either an employee and/or Board member as a condition of any such release. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>8. Successors; Binding Agreement</B>. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(i) Upon Officer&#146;s written request, the Company will seek to have any Successor (as hereinafter defined), by agreement in form and
substance satisfactory to Officer, assent to the fulfillment by the Company of its obligations under this Agreement. Failure of the Company to obtain such assent prior to or at the time a Person becomes a Successor shall constitute Good Reason for
termination by Officer of Officer&#146;s employment. For purposes of this Agreement, &#147;<U>Successor</U>&#148; shall mean any Person that succeeds to, or has the practical ability to control (either immediately or with the passage of time), the
Company&#146;s business directly, by merger, consolidation or purchase of assets, or indirectly, by purchase of the Company&#146;s Voting Securities or otherwise. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(ii) This Agreement shall inure to the benefit of and be enforceable by Officer&#146;s personal or legal representatives, executors,
administrators, successors, heirs, distributees, devisees and legatees. If Officer should die while any amount would still be payable to Officer hereunder if Officer had continued to live, all such amounts, unless otherwise provided herein, shall be
paid in accordance with the terms of this Agreement to Officer&#146;s devisee, legatee or other designee or, if there be no such designee, to Officer&#146;s estate. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2"><B>9. Fees and Expenses</B>. The Company shall reimburse Officer for legal fees and related expenses incurred by Officer in connection with the negotiation of this Agreement upon presentation of a customary statement
showing work performed and the charge therefore. The Company shall pay all legal fees and related expenses incurred by Officer as a result of (i)&nbsp;Officer&#146;s termination under circumstances described in Section&nbsp;6(a)-(c)&nbsp;(including
all such fees and expenses, if any, incurred in contesting or disputing any such termination) or (ii)&nbsp;Officer&#146;s seeking to obtain or enforce any right or benefit provided by this Agreement. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>10. Survival</B>. The respective obligations of, and benefits afforded to, the Company and Officer as provided in Sections 6, 7, 9 and 16 of this
Agreement shall survive termination of this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>11. Notice</B>. Notices and all other communications provided for in this
Agreement shall be in writing and shall be deemed to have been duly given when (i)&nbsp;if delivered personally, (ii)&nbsp;if given by email or fax, when transmitted and evidence of confirmed transmission is received, (iii)&nbsp;if given by a
nationally recognized overnight courier, when received or personally delivered, or (iv)&nbsp;mailed by United States registered or certified mail, return receipt requested and, when delivered, and, in all cases, with all charges prepaid and
addressed to the address of the respective party most recently provided by the receiving party to the sending party, provided that all notices to the Company shall be directed to the attention of the Board, with a copy to the Secretary of the
Company, or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notice of change of address shall be effective only upon receipt, and all notices to the Officer shall also be directed
to his counsel, Dana Kravetz, Michelman&nbsp;&amp; Robinson, LLP, 15760 Ventura Boulevard, Suite 500, Encino, California 91436. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>12.
Indemnification</B>. The Company agrees to indemnify and hold harmless Officer from any and all liability arising out of Officer&#146;s employment within the scope of his employment and service of work as an officer and board member of the Company,
in addition to </FONT>
</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">its statutory obligations, including but not limited to those under the Labor Code and Corporations Code. Further Company agrees to provide Officer with paid
counsel in any action brought against Officer for any reason resulting from an alleged act under the services by Officer as an employee, officer or board member of Company, or in any other capacity in which Officer serves on behalf of Company, and
shall agree to pay any and all reasonable attorneys&#146; fees and costs and damages, if any, associated with any such claim, demand, lawsuit, arbitration or otherwise. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2"><B>13. Miscellaneous</B>. No provision of this Agreement may be modified, waived or discharged unless such modification, waiver or discharge is agreed to in a writing signed by Officer and a member of the Board on
behalf of the Board. No waiver by either party hereto at any time of any breach by the other party hereto of, or of compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar
or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not
expressly set forth in this Agreement. This Agreement has been reviewed by the parties and their respective legal counsel and the parties have been advised by such counsel as to the effect of the various provisions hereof. Accordingly, this
Agreement shall not be construed against any party based on the that party&#146;s drafting of this Agreement or any portion thereof or that a party lacked the opportunity to negotiate the terms of this Agreement with the advice and assistance of
legal counsel. The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of California. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2"><B>14. Validity</B>. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and
effect. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>15. Related Agreements</B>. Except as the parties shall agree in writing concurrently with or after the date of this Agreement,
to the extent that any provision of any other agreement between the Company or any of its subsidiaries and Officer shall limit, qualify or be inconsistent with any provision of this Agreement, then for purposes of this Agreement, while the same
shall remain in force, the provision of this Agreement shall control and such provision of such other agreement shall be deemed to have been superseded, and to be of no force or effect, as if such other agreement had been formally amended to the
extent necessary to accomplish such purpose. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>16. Mediation and Arbitration</B>. The Company and Officer agree to mediate any dispute
arising under the applicable provisions of this Agreement. In the event of any such dispute, the parties, within thirty (30)&nbsp;days of a written request for mediation, shall attend, in good faith, a mediation in order to make a good faith
reasonable effort to resolve such dispute arising under this Agreement. The parties shall attempt, in good faith, to agree to a mediator, or if no agreement can be reached then by random selection by JAMS. If this good faith mediation effort fails
to resolve any dispute arising under this Agreement, the Company and Officer agree to arbitrate any dispute arising under this Agreement. This arbitration shall occur only after the mediation process described herein. Any dispute or controversy
arising under or in connection with this Agreement shall be settled exclusively by arbitration in Los Angeles, California by three arbitrators in accordance with the rules of the American Arbitration Association then in </FONT>
</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">effect. Judgment may be entered on the arbitrators&#146; award in any court having jurisdiction; <I>provided</I>, <I>however</I>, that Officer shall be
entitled to seek specific performance of Officer&#146;s right to be paid until the Date of Termination during the pendency of any dispute or controversy arising under or in connection with this Agreement. The Company shall bear all costs and
expenses arising in connection with any arbitration proceeding pursuant to this Section&nbsp;16. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>17. Counterparts</B>. This Agreement
may be executed in several counterparts, each of which shall be deemed to be an original, but all of which together will constitute one and the same instrument. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2">[Signature page follows] </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">If this correctly sets forth our agreement on the subject matter hereof, kindly sign and return to the
Company the enclosed copy of this letter which will then constitute our agreement on this subject. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="90%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>INTERLINK ELECTRONICS, INC.,</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>a Delaware corporation</B></FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ JOHN A. BUCKETT, II</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">John A. Buckett, II</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Title:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">Chairman of the Board</FONT></P></TD></TR>
</TABLE></DIV> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Accepted and Acknowledged:</B></FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ E. MICHAEL THOBEN, III</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">E. Michael Thoben, III</FONT></P></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>dex103.htm
<DESCRIPTION>CHANGE IN CONTROL AGREEMENT
<TEXT>
<HTML><HEAD>
<TITLE>Change in Control Agreement</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 10.3 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>CHANGE IN CONTROL AGREEMENT </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Charles C. Best, Jr.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#147;Officer&#148;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Interlink Electronics, Inc.,</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#147;Company&#148;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Interlink Electronics, Inc., a Delaware corporation (the &#147;<U>Company</U>&#148;), considers
the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interest of the Company and its stockholders. In this connection, the Company recognizes that, as is the case with many publicly
held corporations, the possibility of a change in control may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of management personnel to the detriment
of the Company and its stockholders. Accordingly, the Board of Directors of the Company (the &#147;<U>Board</U>&#148;) has determined that appropriate steps should be taken to reinforce and encourage the continued attention and dedication of members
of the Company&#146;s management to their assigned duties without distraction in circumstances arising from the possibility of a change in control of the Company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">This Agreement, when executed by the parties hereto, supersedes and replaces that certain agreement, dated as of January&nbsp;10, 2006, by and between the parties relating to the same subject matter and upon such
execution, such former agreement shall be null and void and of no effect. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">In order to induce Officer to remain in the employ of the
Company, this Agreement, the form of which has been approved by the Board, sets forth the severance benefits which the Company agrees will be provided to Officer in the event Officer&#146;s employment with the Company is terminated in connection
with a &#147;Change in Control&#148; of the Company under the circumstances described below. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>1. Employment at Will; Agreement to
Provide Services; Right to Terminate.</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(i) Except as otherwise provided in paragraph (ii)&nbsp;below, the Company or
Officer may terminate Officer&#146;s employment at any time, subject to the provisions of any employment agreement (including this Agreement) between Officer and the Company and the Company&#146;s providing the benefits in accordance with the terms
of this Agreement and all other legally mandated benefits, whether statutory or contractual in nature. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(ii) In the event of
a Potential Change in Control of the Company as defined in Section&nbsp;4, Officer agrees that Officer will not leave the employ of the Company (other than as a result of Disability, upon Retirement or for Good Reason, as such terms are defined in
Section&nbsp;4), and will render the services contemplated in the recitals to this Agreement until the earliest of (A)&nbsp;a date which is 270&nbsp;days from the occurrence of such Potential Change in Control of the Company or (B)&nbsp;a
termination of Officer&#146;s employment pursuant to which Officer becomes entitled under this Agreement to receive the benefits provided in Section&nbsp;6. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2"><B>2. Effective Date</B>. The effective date of this Agreement is September&nbsp;28, 2007 (the &#147;<U>Effective Date</U>&#148;). </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>3. Term of Agreement</B>. This Agreement shall commence on the Effective Date and shall continue in
effect until December&nbsp;31, 2007; <I>provided</I>, <I>however</I>, that commencing on the first day of the new year following the Effective Date and each January&nbsp;1 thereafter, the term of this Agreement shall automatically be extended for
one additional year unless at least 90&nbsp;days prior to such January&nbsp;1 date, the Company or Officer shall have given notice that this Agreement shall not be extended (provided that no such notice may be given by the Company during the
pendency of a (i)&nbsp;Potential Change in Control or (ii)&nbsp;Change in Control); and provided, further, that this Agreement shall continue in effect for a period of 12 months beyond the term provided herein if a Change in Control of the Company,
as defined in Section&nbsp;4, shall have occurred during such term. Notwithstanding anything in this Section&nbsp;3 to the contrary, this Agreement shall terminate if Officer or the Company terminate Officer&#146;s employment in a manner consistent
with Section&nbsp;1(i). In addition, the Company may terminate this Agreement during Officer&#146;s employment if, prior to a Potential Change in Control or Change in Control, Officer ceases to hold Officer&#146;s current position with the Company,
except by reason of a promotion. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>4. Definitions</B>. The following terms shall have the following meanings for purposes of this
Agreement: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(i) &#147;<U>Cause</U>&#148; shall mean </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(A) the willful and continued failure by Officer substantially to perform Officer&#146;s reasonably assigned duties with the Company
consistent with those duties assigned to Officer, other than a failure resulting from Officer&#146;s incapacity due to physical or mental illness, after a written demand for performance has been delivered to Officer by the Chief Executive Officer or
the Chairman of the Board which specifically identifies the manner in which the Chairman or the CEO believes that Officer has not substantially performed Officer&#146;s duties and is not or cannot be cured within thirty days after such written
demand; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(B) the conviction of guilty or entering of a <I>nolo contendere</I> plea to a felony, which is materially and
demonstrably injurious to the Company; or </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(C) the commission of an act by Officer, or the failure by Officer to act, which
constitutes gross negligence or gross misconduct. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">For purposes of this Section&nbsp;4(i), no act, or failure to act, on Officer&#146;s part
shall be considered &#147;willful&#148; unless done, or omitted, by Officer in bad faith. Any act, or failure to act, expressly authorized by a resolution duly adopted by the Board or based upon the advice of counsel for the Company shall be
conclusively presumed to be done, or be an omission, by Officer in good faith. Notwithstanding the foregoing, Officer shall not be deemed to have been terminated for Cause unless the Company shall have delivered to Officer a copy of a resolution
duly adopted by the Board finding, after reasonable notice to Officer and an opportunity for Officer to be heard with respect to such matter, that in the good faith opinion of the Board, Officer has engaged in the conduct set forth above in (A),
(B), or (C)&nbsp;of this Section&nbsp;4(i). Any such determination by the Board shall be subject to de novo review in mediation or in arbitration conducted pursuant to Section&nbsp;15. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(ii) &#147;<U>Change in Control</U>&#148; of the Company shall mean the occurrence of any of the following events: </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(A) any consolidation, merger, plan of share exchange, or other reorganization involving the Company (a &#147;<U>Merger</U>&#148;) as a
result of which the holders of </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%">
<FONT FACE="Times New Roman" SIZE="2">outstanding securities of the Company ordinarily having the right to vote for the election of directors (&#147;<U>Voting Securities</U>&#148;) immediately
prior to the Merger do not continue to hold at least 50% of the combined voting power of the outstanding Voting Securities of the surviving or continuing corporation immediately after the Merger, disregarding any Voting Securities issued or retained
by such holders in respect of securities of any other party to the Merger; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(B) any sale, lease, exchange or other transfer
(in one transaction or a series of related transactions) of all, or substantially all, the assets of the Company; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(C) the
adoption of any plan or proposal for the liquidation or dissolution of the Company; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(D) at any time during a period of two
consecutive years, individuals who at the beginning of such period constituted the Board (&#147;<U>Incumbent Directors</U>&#148;) shall cease for any reason to constitute at least a majority thereof, unless each new director elected during such
two-year period was nominated or elected by two-thirds of the Incumbent Directors then in office and voting (with new directors nominated or elected by two-thirds of the Incumbent Directors also being deemed to be Incumbent Directors); or
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(E) any Person (as defined below) shall have become the beneficial owner (within the meaning of Rule 13d-3 under the
Securities Exchange Act of 1934 (the &#147;<U>Exchange Act</U>&#148;)), directly or indirectly, of securities of the Company ordinarily having the right to vote for the election of directors representing 50% or more of the combined voting power of
the then outstanding Voting Securities. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">Notwithstanding anything in the foregoing to the contrary, unless otherwise determined by the
Board, no Change in Control shall be deemed to have occurred for purposes of this Agreement if (1)&nbsp;Officer acquires (other than on the same basis as all other holders of the Company shares) an equity interest in an entity that acquires the
Company in a Change in Control otherwise described under Section&nbsp;4(ii)(A) or (B)&nbsp;above, or (2)&nbsp;Officer is part of group that constitutes a Person which becomes a beneficial owner of Voting Securities in a transaction that otherwise
would have resulted in a Change in Control under Section&nbsp;4(ii)(E) above. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(iii) &#147;<U>Deemed Performance
Amount</U>&#148; shall mean the sum of all cash compensation paid or payable to Officer based on performance measures with respect to each of the last three complete calendar years divided by three; provided, however, that, if Officer has not been
employed by the Company for all of the last three complete calendar years, the amount shall be the sum of all cash compensation paid or payable to Officer based on performance measures with respect to each of the complete calendar years for which
Officer has been so employed divided by the number of such complete calendar years. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(iv) &#147;<U>Disability</U>&#148;
shall mean the absence of Officer from Officer&#146;s duties with the Company on a full time basis for 180 consecutive days as a result of Officer&#146;s incapacity due to physical or mental illness, unless, within 30 days after a Notice of
Termination (as defined below) is given to Officer following such absence, Officer shall have returned to the full performance of Officer&#146;s duties. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">(v) &#147;<U>Good Reason</U>&#148; shall mean: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(A) a diminution of Officer&#146;s status,
title, position(s), or responsibilities from Officer&#146;s status, title, position(s), and responsibilities as in effect immediately prior to the Potential Change in Control or Change in Control, or the assignment to Officer of any duties or
responsibilities which are inconsistent with such status, title, position(s), or responsibilities (in either case other than isolated, insubstantial or inadvertent actions which are remedied after notice), or any removal of Officer from such
position(s), except in connection with the termination of Officer&#146;s employment for Cause, Disability or as a result of Officer&#146;s death or voluntarily by Officer other than for Good Reason; </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">3 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(B) a substantial reduction by the Company in Officer&#146;s rate of base salary, bonus
or incentive opportunity or a substantial reduction in benefits (other than reductions that do not impact optionee&#146;s compensation opportunity, taken as a whole, or a reduction in benefits applicable to substantially all officers); </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(C) the Company&#146;s requiring Officer to be based more than 100 miles from the principal office at in which Officer is based
immediately prior to the Potential Change in Control or Change in Control, except for reasonably required travel on the Company&#146;s business; or </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">(D) the Company&#146;s failure to obtain a consent requested by Officer pursuant to Section&nbsp;8(i) of this Agreement. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">(vi) &#147;<U>Potential Change in Control</U>&#148; of the Company shall mean the occurrence of any of the following: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">(A) the Company enters into an agreement, the approval of which by the shareholders would result in the occurrence of a Change in Control of the Company; </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(B) any Person (including the Company) publicly announces an intention to take or to consider taking actions which if consummated would
constitute a Change in Control of the Company; or </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(C) the Board adopts a resolution to the effect that, for purposes of
this Agreement, a Potential Change in Control of the Company has occurred. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(vii) &#147;<U>Person</U>&#148; shall mean and
include any individual, corporation, partnership, group, association or other &#147;person&#148;, as such term is used in Section&nbsp;14(d) of the Exchange Act, other than the Company, any subsidiary of the Company or any employee benefit plan(s)
sponsored by the Company. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(viii) &#147;<U>Plan</U>&#148; shall mean any compensation plan such as an incentive, stock
option or restricted stock plan or any employee benefit plan such as a thrift, pension, profit sharing, medical, disability, accident, life insurance, or relocation plan or policy or any other plan, program or policy of the Company intended to
benefit employees. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%;padding-bottom:3px;line-Height:95%; vertical-align:top"><FONT FACE="Times New Roman" SIZE="2">(ix) &#147;<U>Retirement</U>&#148; shall mean
termination on or after Officer&#146;s 65<FONT FACE="Times New Roman" SIZE="1"><SUP>th</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"> birthday. </FONT></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2"><B>5. Notice of Termination; Effective Date of Termination</B>. Any purported termination by the Company or by Officer following a Potential Change in Control or Change in Control shall be communicated by written
Notice of Termination to the other party hereto. For purposes of this Agreement, a &#147;<U>Notice of Termination</U>&#148; shall mean a notice which shall indicate the specific termination </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">4 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of
Officer&#146;s employment under the provision so indicated. The &#147;<U>Date of Termination</U>&#148; following a Potential Change in Control or Change in Control shall mean (a)&nbsp;if Officer&#146;s employment is to be terminated for Disability,
30 days after Notice of Termination is given (provided that Officer shall not have returned to the performance of Officer&#146;s duties on a full-time basis during such 30 day period), (b)&nbsp;if Officer&#146;s employment is to be terminated by the
Company for Cause, the date on which a Notice of Termination is given, and (c)&nbsp;if Officer&#146;s employment is to be terminated by Officer or by the Company for any other reason, the date specified in the Notice of Termination, which shall be a
date no earlier than 60 days after the date on which a Notice of Termination is given (provided that if the termination is by Officer for Good Reason the circumstances giving rise to the Good Reason have not been fully corrected by the specified
date), unless an earlier date has been agreed to by the party receiving the Notice of Termination either in advance of, or after, receiving such Notice of Termination. Notwithstanding anything in the foregoing to the contrary, if the party receiving
the Notice of Termination has not previously agreed to the termination, then within 30 days after any Notice of Termination is given, the party receiving such Notice of Termination may notify the other party that a dispute exists concerning the
termination, in which event the Date of Termination shall be the date set either by mutual written agreement of the parties or by the arbitrators in a proceeding as provided in Section&nbsp;15. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>6. Change in Control Benefits</B>. If, (a)&nbsp;after the occurrence of a Potential Change in Control (and during the pendency of a Change in Control
resulting from such Potential Change in Control), (b)&nbsp;concurrent with a Change in Control, or (c)&nbsp;within twelve (12)&nbsp;months after a Change in Control, Officer&#146;s employment by the Company shall be terminated (x)&nbsp;by the
Company other than for Cause, Disability or Retirement or (y)&nbsp;by Officer for Good Reason based on an event occurring during such period, then Officer shall be entitled, without regard to any contrary provisions of any Plan, to a severance
benefit (the &#147;<U>Severance Benefit</U>&#148;) equal to the lesser of the Specified Benefits (as defined in subsection (i)&nbsp;below), or the Capped Benefit (as defined in subsection (ii) below):<B> </B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(i) The &#147;<U>Specified Benefits</U>&#148; are as follows: </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(A) the Company shall compensate Officer through the Date of Termination, as follows: </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(1) with respect to all amounts payable without regard to performance measures, the full amount of such compensation; and </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(2) with respect to all amounts payable based on performance measures, any benefits or awards (including both cash and stock components)
which pursuant to the terms of any plans have been earned, but which have not yet been paid to Officer, provided that all such amounts shall be paid at the time or times specified in such plans and not at the time for payment under (i)(B);
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(B) as severance pay and in lieu of any further salary for periods subsequent to the Date of Termination, the Company shall
pay to Officer an amount in cash (subject to applicable taxes and withholdings) determined as follows: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(1) One hundred
percent (100%)&nbsp;of Officer&#146;s annualized compensation without regard to performance measures, payable at the rate in effect just prior to the time of the Notice of Termination, with one-half of such amount payable in six equal monthly
installments as a salary continuation during the six month period following the Date of Termination (with the first installment </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">5 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%">
<FONT FACE="Times New Roman" SIZE="2">paid on the last day of the month in which the Date of Termination occurs and each later installment paid on the last day of each successive month) and the
balance paid in a lump sum on the date that is six (6)&nbsp;months after the Date of Termination; and </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(2) an amount equal
to one hundred percent (100%)&nbsp;of the aggregate amount of Officer&#146;s Deemed Performance Amount, which amount shall be payable in equal amounts concurrently with the six monthly installments referred to in clause (1), above. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(C) one hundred percent (100%)&nbsp;of unvested options to purchase the Company&#146;s Common Stock held by Officer on the Date of
Termination shall be accelerated so that such options are immediately exercisable; </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(D) for a one year period after the Date
of Termination, the Company shall arrange to provide Officer and Officer&#146;s dependents with life, accident, medical and dental insurance benefits substantially similar to those which Officer was receiving immediately prior to the time of the
Notice of Termination. Notwithstanding the foregoing, the Company shall not provide any benefit otherwise receivable by Officer pursuant to this paragraph (D)&nbsp;to the extent that a similar benefit is actually received by Officer from a
subsequent employer during such one year period, and Officer agrees to report to the Company any such benefit expected to be received and such benefit actually received by Officer; and </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(E) the Company shall pay Officer within 30 days after the Date of Termination for any vacation time earned but not taken at the Date of
Termination, at an hourly rate equal to Officer&#146;s annual base salary as in effect immediately prior to the time a Notice of Termination is given divided by 2080. </FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(ii) The &#147;<U>Capped Benefit</U>&#148; equals the Specified Benefits, reduced by the minimum amount necessary to prevent any portion
of the Specified Benefits from being a &#147;<U>parachute payment</U>&#148; as defined in Section&nbsp;280G (b)(2) of the Internal Revenue Code of 1986, as amended (the &#147;<U>Code</U>&#148;), or any successor provision. The amount of the Capped
Benefit shall therefore equal (i)&nbsp;three times the &#147;<U>base amount</U>&#148; as defined in Code &#167;&nbsp;280G (b)(3)(A), reduced by one Dollar ($1.00), and further reduced by (ii)&nbsp;the present value of all other payments and benefits
Officer is entitled to receive from the Company that are contingent upon a change in control of the Company within the meaning of Code &#167;&nbsp;280G (b)(2)(A)(i), including accelerated vesting of options and other awards under the Company&#146;s
stock option plans, and increased by (iii)&nbsp;all Specified Benefits that are not contingent upon a change in control within the meaning of Code &#167;&nbsp;280G (b)(2)(A)(i). Specified Benefits under (B)(1) shall be reduced first to achieve the
Capped Benefit amount, then amounts under (B)(2) shall be reduced to the extent necessary to achieve the Capped Benefit amount. The parties recognize that there is some uncertainty regarding the computations under Code &#167;&nbsp;280G which must be
applied to determine the Capped Benefit. Accordingly, the parties agree that, after the Severance Benefit is paid, the amount of the Capped Benefit may be retroactively adjusted to the extent any subsequent Internal Revenue Service regulations,
rulings, audits or other pronouncements establish that the original calculation of the Capped Benefit was incorrect. In that case, amounts shall be paid or reimbursed between the parties so that Officer will have received the Severance Benefit
Officer would have received if the Capped Benefit had originally been calculated correctly. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">6 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(iii) If Officer is a &#147;<U>specified employee</U>&#148; within the meaning of Code
&#167;&nbsp;409A(a)(2)(B)(i) and any payment required to be made pursuant to this Section&nbsp;6 is subject to Code &#167; 409A and not exempt from those requirements under any applicable regulations or other guidance of general applicability, then
any such payment otherwise payable on account of Officer&#146;s termination of employment during the period ending on the date that is six months after the Date of Termination shall be paid in a lump sum on the date that is six months after
Officer&#146;s Date of Termination instead of the date on which it would otherwise be paid. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(iv) Except as specifically
provided above, the amount of any payment provided for in this Section&nbsp;6 shall not be reduced, offset or subject to recovery by the Company by reason of any compensation earned by Officer as the result of employment by another employer after
the Date of Termination, or otherwise. Officer&#146;s entitlements under this Section&nbsp;6 are in addition to, and not in lieu of, any rights, benefits or entitlements Officer may have under the terms or provisions of any Plan. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>7. Release of Claims</B>. The Company shall have the right to require Officer to execute a general release of claims relating to Officer&#146;s
employment at the Company and termination of employment at the Company that could be brought by Officer under this Agreement as a condition to Officer&#146;s receipt of any payments pursuant to Section&nbsp;6; provided that the Company and each of
its affiliates shall release any and all claims that each of them may have against Officer as a condition of any such release. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>8.
Successors; Binding Agreement</B>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(i) Upon Officer&#146;s written request, the Company will seek to have any Successor (as
hereinafter defined), by agreement in form and substance satisfactory to Officer, assent to the fulfillment by the Company of its obligations under this Agreement. Failure of the Company to obtain such assent prior to or at the time a Person becomes
a Successor shall constitute Good Reason for termination by Officer of Officer&#146;s employment if a Change in Control of the Company has occurred. For purposes of this Agreement, &#147;<U>Successor</U>&#148; shall mean any Person that succeeds to,
or has the practical ability to control (either immediately or with the passage of time), the Company&#146;s business directly, by merger, consolidation or purchase of assets, or indirectly, by purchase of the Company&#146;s Voting Securities or
otherwise. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(ii) This Agreement shall inure to the benefit of and be enforceable by Officer&#146;s personal or legal
representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Officer should die while any amount would still be payable to Officer hereunder if Officer had continued to live, all such amounts, unless
otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Officer&#146;s devisee, legatee or other designee or, if there be no such designee, to Officer&#146;s estate. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>9. Fees and Expenses</B>. Each party shall bear its own costs and attorney&#146;s fees which have been incurred. Notwithstanding the preceding, the
Company shall pay all legal fees and related expenses incurred by Officer as a result of (i)&nbsp;Officer&#146;s termination under circumstances described in Section&nbsp;6(a)-(c)&nbsp;(including all such fees and expenses, if any, incurred in
contesting or disputing any such termination) or (ii)&nbsp;Officer&#146;s seeking to obtain or enforce any right or benefit provided by this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2"><B>10. Survival</B>. The respective obligations of, and benefits afforded to, the Company and Officer as provided in Section&nbsp;6, 7, 9 and 15 of this Agreement shall survive termination of this Agreement.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">7 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>11. Notice</B>. Notices and all other communications provided for in this Agreement shall be in
writing and shall be deemed to have been duly given when (i)&nbsp;if delivered personally, (ii)&nbsp;if given by email or fax, when transmitted and evidence of confirmed transmission is received, (iii)&nbsp;if given by a nationally recognized
overnight courier, when received or personally delivered, or (iv)&nbsp;mailed by United States registered or certified mail, return receipt requested and, when delivered, and, in all case, with all charges prepaid and addressed to the address of the
respective party set forth on the first page of this Agreement, provided that all notices to the Company shall be directed to the attention of the Chairman of the Board or Chief Executive Officer of the Company, with a copy to the Secretary of the
Company, or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notice of change of address shall be effective only upon receipt. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>12. Miscellaneous</B>. No provision of this Agreement may be modified, waived or discharged unless such modification, waiver or discharge is agreed to
in a writing signed by Officer and the Chairman of the Board, the Chief Executive Officer of the Company or on behalf of the Board of Directors or the Compensation Committee of the Board of Directors. No waiver by either party hereto at any time of
any breach by the other party hereto of, or of compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior
or subsequent time. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not expressly set forth in this Agreement. The validity, interpretation,
construction and performance of this Agreement shall be governed by the laws of the State of California. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>13. Validity</B>. The
invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>14. Related Agreements</B>. To the extent that any provision of any other agreement between the Company or any of its subsidiaries and Officer shall
limit, qualify or be inconsistent with any provision of this Agreement, then for purposes of this Agreement, while the same shall remain in force, the provision of this Agreement shall control and such provision of such other agreement shall be
deemed to have been superseded, and to be of no force or effect, as if such other agreement had been formally amended to the extent necessary to accomplish such purpose. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2"><B>15. Arbitration</B>. The Company and Officer agree to mediate any dispute arising under this Agreement. If any such dispute exists, the parties shall work together to arrange such a mediation within 30 days of the
notice by either party to the other of the existence of a dispute under this Agreement. If, after the good faith effort of both parties to resolve the matter by mediation, the matter remains unresolved, any such unresolved dispute or controversy
arising under or in connection with this Agreement shall be settled exclusively by arbitration in Los Angeles, California by three arbitrators in accordance with the rules of the American Arbitration Association then in effect. Judgment may be
entered on the arbitrators&#146; award in any court having jurisdiction; <I>provided</I>, <I>however</I>, that Officer shall be entitled to seek specific performance of Officer&#146;s right to be paid until the Date of Termination during the
pendency of any dispute or controversy arising under or in connection with this Agreement. The Company shall bear all costs and expenses arising in connection with any arbitration proceeding pursuant to this Section&nbsp;15. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>16. Counterparts</B>. This Agreement may be executed in several counterparts, each of which shall be deemed to be an original, but all of which
together will constitute one and the same instrument. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">[Signature page follows] </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">8 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">If this correctly sets forth our agreement on the subject matter hereof, kindly sign and return to the
Company the enclosed copy of this letter which will then constitute our agreement on this subject. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Dated this 28th day of September, 2007
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>INTERLINK ELECTRONICS, INC.,</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>a Delaware corporation</B></FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ E. MICHAEL THOBEN, III</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">E. Michael Thoben, III</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Title:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">President and Chief Executive Officer</FONT></P></TD></TR>
</TABLE></DIV> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Accepted and Acknowledged this</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="Times New Roman" SIZE="2">28th day of September,
2007:</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ CHARLES C. BEST</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Charles C. Best</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">9 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>5
<FILENAME>dex991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML><HEAD>
<TITLE>Press Release</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 99.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px">

<IMG SRC="g28020logo.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>INTERLINKS ELECTRONICS CEO TO STEP DOWN IN 2008 </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Camarillo, California, September&nbsp;28, 2007</B>&#151;Interlink Electronics, Inc. [OTC:LINK.PK], today announced that Mr.&nbsp;E. Michael Thoben, long time
Chairman, CEO and President intends to resign as an officer of the Company in early 2008.&nbsp;In the interim, he will continue to serve as President and Chief Executive Officer and will participate actively in the search for his
successor.&nbsp;Following his resignation, Mr.&nbsp;Thoben will remain a director of the company and will be appointed Vice-Chairman of the Board. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">&#147;It has been a great pleasure serving the shareholders and employees of Interlink over the last 17 years,&#148; said E. Michael Thoben. &#147;I have had the opportunity of leading the Company&#146;s evolution from our early days as an
undercapitalized technology company to an international company selling to many of the worlds leading electronic manufacturers and financial institutions. With the recent sale of two of our non-strategic business segments and restructuring of the
company, Interlink is well-poised to capitalize on the two very exciting market opportunities.&nbsp;I look forward to playing an active role in the selection and mentoring of my successor in the months to come.&#148; </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">&#147;It has been a pleasure to work with Michael over the last seven years,&#148; said John Buckett, newly elected Chairman of the Board.&nbsp;&#147;His tireless
efforts and market insights on behalf of the company and its stockholders have created two businesses with great potential.&nbsp;The recent restructuring, which Michael led, has positioned Interlink well to focus on its areas of greatest
opportunity.&nbsp;We look forward to Michael&#146;s continued advice and counsel as Vice Chairman of the Board.&#148; </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>About Interlink Electronics,
Inc</B>. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Interlink Electronics, Inc. (OTC: LINK.PK), is a global leader in the design, development and manufacture of intuitive human interface products
and technologies. Setting tomorrow&#146;s standards for electronic signature and e-notarization products, Interlink has established itself as one of the world&#146;s </FONT>
</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">leading innovators of intuitive interface design. With more than 41 patents around the world protecting its technologies and products, Interlink Electronics
serves a world-class customer-base from its corporate headquarters in Camarillo, California and offices in Japan, Hong Kong and China. For more information, see <U>http://www.interlinkelectronics.com</U>. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>This release contains forward-looking statements that involve a number of risks and uncertainties.&nbsp;The following are among the factors that could cause actual
results to differ materially from the forward-looking statements: the sufficiency of cash, credit lines and other sources to finance our operations; the results of pending litigation; business conditions and growth in the electronics industry and
general economies, both domestic and international; lower than expected customer orders; delays in receipt of orders or cancellation of orders; competitive factors, including increased competition, new product offerings by competitors and price
pressures; the availability of third party parts and supplies at reasonable prices; changes in, and acceptance by our market of, our product mix; significant quarterly performance fluctuations due to the receipt of a significant portion of customer
orders and product shipments in the last month of each quarter; and product shipment interruptions due to manufacturing problems. The forward-looking statements contained in this document regarding Interlink&#146;s financial results, industry and
revenue trends, the filing of reports with the Securities and Exchange Commission and future business activities should be considered in light of these factors. </I></FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><B>Contact: </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Investor Relations Contact: Michelle Lockard </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><U>mlockard@interlinkelectronics.com</U>; 805-484-8855 ext. 114 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">#### </FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g28020logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g28020logo.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`3`":`P$1``(1`0,1`?_$`+\```("`@,!`0$`````
M```````)"`H%!P$$!@,+`@$!``$%``,!``````````````<$!08("0$#"@(0
M```&`0($!0(#!`0*"P$```$"`P0%!@<`"!$2%0DA$Q06%S$8(B,D05$R"F$E
M)AEQ@5)BHC-$-B<WH<'10F.#9%6%5U@Y$0`!`P,#`@0#`P@(!P`````!``(#
M$00%(1(&,0=!81,(47$B0A0)@<$R8C,T%37PX5)R(U,D54-4E!87-QC_V@`,
M`P$``A$#$0`_`+]&B(T1&B(T1&B(T1&B(T1&B(T1&B(T1>3O=SK>.:9:\@W&
M32AJG2*Y-VRRRRI#J$CX.`CG$I*.?*3`55SI,FQQ*F0!.H8`*4!$0#5/=W4-
ME;/N[@[8(VESCY`>`\3\`-2:`*Y8;$W^?RUM@\5&9<G>7$<,3!]J21P8P5.@
M&XBI.@%2=`J=F7/YJNWM[Y)ML%[7ZI(8V:.?*BI+)=JFFELFT43*)J.W#.ND
M6C8QL[$"J(D*8ZI""`'\>(:ABZ[J7[K@FPMHON8<:;W'<YOG0$-KUT757BWX
M:EA-A(Y>8<BN(\\YM7-MHF&%A.H#72?4\CH20`>HT3_NV)W/L5]RO&<_8:O`
M/\?Y-QXXBV&2<=2CA-X,>>5;J&93];DR\"S%;D%4%2%/P!=L8I2+E*90G-(7
M%.5VO);8F@CR,8_Q(ZUIT^IOQ;TU\":&A6D/N)]NO)?;]R*&PR4K;SC][O=:
MW313<&G6.5OV)6@@TJ6O%2PFCJ+J[FG\PC6MF^8I?;Y@7%\-F/(5'?J1V39V
MU3;V)J%;E?3"8]<C`ABJOY&?C71B@Z`X%03\2\1-K%^2=QGXW(28W&0"2:([
M7O>2&AWB&@`DT\]#X:*>O;S[&<EW8XK%S?F.1EQ6"O&!UHR*,/FE;7]H_?\`
M2V-[:[*5<>NE0LOVP?Y@*G;ULM1^WS.>.H?">5;:=PGC>7@)US*4.X/VS8JX
M5=PZF/)?P]IDBIJBS3,!D'9P*@F;SCD(;W\6[AMR]V,=E8V07+Z"-P/TO/3:
M:THYQ_1`ZUH-51^XKV09CM#QI_-^'WTN7XW;`&Z8^,-G@:2090&5#XF?3ZAT
M<P$O(V-<1.WNA=TG%/;7QM$2$W%>_P#,E];R7QCBUM(I,3OQ8`*2EEM+@!,[
MB:<S>B":KA,AE%5"BDD!E/#5_P"6<L@XS"QH9ZM]*#M96@`'VG>.WPTUK^10
MQ[<_;ER;W`<A?;63S9<5LWM^]WA;N#=VOIQ`T:^8MU#20`*%VG5%&"_YJ2>E
M<E0D7N%VVU6M8ME'X-)>RXULT[*66L(NC)(-I%2,G$4FDM'QYS"JY`ABN#)@
M/EE,;@&L!LNZEZ+BF0M8S:EWV''<T>`U`!`/4E;G\T_#8MK/CTUUPC/7%SR*
M*/<R*YB8V*4BI+=S/J8YPT9H6@TW$"I5I+[O=LG_`-XX]_Y%_<M_O+&_\A?_
M`+3_`-?_`+G?^M_U/^=J5?X[B?\`-'[OZ_3_`(/]K^I<W_\`Q;W#_P!HOOYS
M_"?V3_YE_P`GT_;_`*G7R4E]7A8`C1$:(C1$:(C1$:(C1$:(C1$:(C1%`+ND
MX0R+N,V";E<0XG</DL@62CHOZ^UC/4#(S:E4G(JV/:NP3:B5=P^M4="+1R2)
M?]<HY`@^!AUC',L?<93C=S96C0ZX<UI`/ZCVN-/.@-!XFBF[VX\QP/`>]F`Y
M5R8-.$M[MS92ZFV/UHI(&RN+M`V%\C97.^R&$^"_+4D8^0AI![$3#%Y%RT6Y
M782,9(MU6CZ.?-%#(N63MJN5-9LY;K$,0Y#%`2B'CK6('J"-KP:$'0@CJ"/`
MA?2):7=M?6T=[92,EMI&!S'-(+7-(J""#0BFH(.JMM_RK>"LCM<G;A]R3V'<
M1^+'.-6F(XF4>IN&Y;#;7MNK]J7-#`HF5!^SAXZOJ$=+$$025<)E^IAU*O:F
MVG.1NK\#_2"$1UK]K<'"@\12NO@11<N_Q)^:\?N,#@^!6\PDY&S(&\>QM#Z<
M+8)8?KH:M<Y\HV`]0UQ\$@CN;X;R%@W?1N1IV2&$TC)O,G6:S0TW,,7;(EPK
M4_(JR$/9XI5V`>OBY)JJ`IJD,8!Y>'@/AJ.\KC;K$9&:PO:_>&O)W&OU@]'"
MO4'H#Y+=[VZ\OP',NSN"R6`?#Z++"*-\4;VN]"5C0U\3PW]%["#N:0*?)>J[
M3&&,CYK[@^UR,QQ$OWJU,R[2LC6B7:\46]7J%'G&=AL$VZ>\AD$%6T>Q/Z=,
MX@9PORIE\3:J>.6T][G[2WMJ^J)FN)'5H;J7?D&OR"MONBY=Q_B78WD4V?E8
MT7>,GMH6&A,LT\;HHHPWJ0Y[@'$:-;5QZ)U/\T_B#(#?-&WS.!F\E)XSD:!)
MX^))`155A7[3'2ZDNK&*&*!B-AEF!_4@8PE`Q^(?767]S[&ZAS,60>7NLY(M
MH-#M8X4JVO2KJ%U/):B?AM<KP;N+YKB%8XN0-O&W!;4!TD3VAH=YACAL\M/!
M516+%W*/&D9'-7#^1?N$6C%FT24<NG3A<Y4D4$$$2J*JJ',8``I0$1U&_4AH
MU+C0#Q)/2@ZFJZ:W%S!9V[[BY>UD#&DN)(``'4U/YU<4_NNMZ?\`[+9?_P"(
M_P`%_P`1O^<'_P"?_P"'_2_@_P`W4A_]I\A^-W_+?4_0=_T?][]1<GO_`**[
M2_YEI_[:^_\`4?N7^Y_TU\U<7UL`N5B-$1HB-$1HB-$1HB-$1HB-$1HBC#O%
MW68ZV5;><A;B<G$?/:]1HU)1G7X@S<LW:[!(NT(Z#K</ZDP)%<2,@Z)YJH@<
M&K4JJXE,5,2C:,WFK+`X]V0O3]`T:T?I/=0D-;YZ$_($^"D+M9VVSW=KG%CP
M7CNQM]>/.Z1]?3AC:"Z25]-:-:#M&F]Y:P$%U52>LG\S=OZD[X%G@*UABMU%
MN\,=#'):U(244Y8E<"9!"6FG<H:Q+.3M^4BZC9TV*8_$Q"I@(`$$S]Q.4S7P
MNH96Q6P-?1#6%A%>A<YA?J.I#NO2BZ^8[\.[LO;X'^'7T^3GR[FZW1F#7M=3
M4L8UHBH#JT.8[30EW4OOV4,>VKWFZ`\W/9%VGXI99\I5B;L<V0_DK1Z[>S.6
M:SB/L<^\B5HM&V0MC:,USME94'2W(U.141%,!UG&"M.,<X@?ELE:-CR,3MLN
MQ\D;?[0>0QS1J!U=4T&I(6DG=R;W`^T[-CMU@>29)W#+R$FQ>=KPZ($!T40D
M#S"^(N:'"'8VKP6C5*`W9?S$>0,9W.7P5V_<4XKPW@G%DP[J58F1JC$[Z?)!
MNW#!VZB:RT(VJ=;KCY5+F2;E:*.?`3F7'FX!B.7Y[>L>;'B[6V..B=0%K&;W
M$:.W-<U[0">FF[2I)KIM5VN]B&%Y%AXN:=[LED<MR[(Q"65AF=MCWM:YH=*2
M9I9&UHYQ>&>`8*5,K^WYW$L"]Y"[1VT[N&[9<.6K+#6J3C[%N0F<8JT<V)&+
M0)*V:OLW1US6&IS+F-8G?JFC7[9HN#7AY`&Y1"[X'.V?,IX\#RJW9+<;*QRM
M)8XEHJ[>YA:1NH#1FUM:#::J,N^/8CFOM/Q+^Y?8[D.4MN-NNHQ=6KG!S8]Y
MV12%I'IS,:YPC`EC>]N^N^E5[;N&=PW;_P!E]ZUVJ;!]M>(Z_F&<K3*?O-D7
MC%3(U*)EP%Q`HV!X@JC:+C8G;50KMGZ]^NV;)@`&3.`@77NS^:L>%3G"\8M8
MX[OTZOE=5[VA^K0'.+G.(/U#>7-%*;?$6;L5V*YQ[MHG=R.]&?R<_&(KAS((
M@X#UGLTD,;:&&",$%CQ'&U[S4APH2EV[>OYC#)%ULC/%7<"Q'BC.VW2^R[.*
MO9_94>>8KL6Z<I)(RB5;<E6JMFCH-P)71VJ[0'2H)<$ETS\#!C^+YW?N>+3D
MX;?XM[QNW,9N;35NQK6L:2'4.H+O@1U4\\^]A6!P^.?R;LAE,CA><64+GP#[
MP\1R.`)+3*#ZT1D%6;FOV-W5<QS:A6T,"=N;85@NS(99PAMMQ?7K3+':6*'M
MQ(T]A?12KDI'C20J+F><RQ*J;E4`2#&>F``\`\-2YBN(\7Q\C<ACK=ID=1S7
M.>^2GBUS=[G!I'@YM#YKF-S;OSWJYE8'C/,,_D)L?"'1/AW")KP/I<R81-C,
MPTH1+O\`-3KY0_ZOJ/T_=]=974J&%SKPB-$1HB-$1HB-$1HB-$1HB-$1HB3M
MWS]I=UW=[!KK6\<)R<E><5V"*S)7JK%$%5S<C5=E*1DQ`%2*/.LJ6O3KQVBF
M4ISK.&J:90YC!K!>X6)N<K@/]("Z6WE$NT"I<`'-(&HH0';C2IHT@`D@+:KV
M;=S\5VM[UVE_G/39A\E;OL99GFC8/5<R1DA--!ZD3(R20`U[B30%?FP2$;(Q
M,FYA)6.?Q<TS<BR>0\DS<,)5H^*8"&9N8UTFD\;NP.(%%,Q`/Q\.&M<_6C:?
MJ<`?,T(^8/YU]!$%_8W=LV\M9HI+1[0YKVN:6D=:AP-"/,:?-7J_Y=;93E;&
MFS[<5:,O1$U0&>ZYQ%QM-A)5FYC+&SJ,'6[/`'M[J*<^6JV2F%[.8S(JQ4EA
M(V.82@0Y!--'`N.WCL#???`Z&#(1EL?7=M<PL+RW2G@6ZU(\`N+_`+[.[_&N
M1]UL%:<7EBO9>-ASYWM(=$Z5\L,@A:\==HB_Q*5`+P*U!`IN[N]M66=IV=[]
MB7,=7D:S.15DFU(MVZ17+$V>$/).#L)^NR:Z"*$O&NT%"&\Q/B)#")3@4?#4
M0WMK+B[F2QNP8Y8WD?4*5`.A!\:CQ!(JNK_:KN+Q;N5PFQY'QBYCFMGP1A[0
M1OB?M&Z.1M3L<#44/PKJ*)NG\NYM(RUEG>[2=P3*O2D;A;"+2RRUEO;@KR.C
M9.<D(*2A(*KUIX9J=M/2:LL[(=ZBF<I$&2:HG.!^0A\LX%AYLMG8KEH<+*W.
M]SQH"YI!:T&E#J`'#P!^:U=]^'=3BW&^T=WP=\\4O+,LZ)D4`H]S(P]KY)91
MN!C:(P?3<0=TA:`*5(V%_,D[2,PTC>%*[IQK,E+82RS6Z?'MKDP]7*,ZS:J[
M$)1$G7[.<C4B-?\`6+)^;'\YSHJI&Y><%/P:J>X>'GQ^<?DB'&RN0';C4AKM
M:M<:4:"3]`J=/-6+\/\`[J<4RG;"/MNZXCBY=CIIG&%VUAEA>\O8^+ZB9*-)
M$AH"TBI%-4A_;OM^RONCRQ4L-X6JDA;KG:I9BP118H.%(Z';.'*:2TW8Y)!%
M=&&@X\IA.LY5`"E`.``8P@4<(M8)+^X9:VC3+.]P`#==2:>'3YF@^-!4K=/G
M_/N+=N^+77)^5745OC+>%SM7-W/(:2&1M)!?([H&#4_*J_6)Q-1RXRQ=CO')
M7RLF%%I5:JG45@$%7HP42UCS.5`$QQ`RQD!$?$?\.MK,/8?PK%6V-#B_T(61
M[NE=K0*T\Z+YE^49H\CY)?Y\L$9O;R6;:.C?4>7[1\JT6P-7)6)&B+CC_1HB
MY'1$:(C1$:(C1$:(N-$7.B(T1<"`\>/$0_P>`\?W\0T1:?E=O6!9VPGMLWA+
M$4Q:57!GBMCE,;4Y].+O#B0QGCB3<PZCMP[YDRB"JAC*`(>`AJW/Q&*DD]9]
MM`9-==C?'K44H:^:RFVYSS6SL1C+3,92+'!H:(FW4[8PT5HT-#Z`:]`*+;H$
M`"E*0`(4@`4A`*!2E*4O*4H%#@!2E*'``````^FK@``*#0!8N22:G4E:^O6(
ML4Y/]*.2L9T#()F")D&"ESI\!9EV""BR:ZJ#%Q,,'B[-!19(IC$2,4#"'B`Z
MI+K'V-\*7D,<NE/J:">M=#U&OFK[AN4\EXZ'#C^0O;$/(+A!/)$'$`@%P8X!
MQ`)%2"0O25JIU>F0Z->IM:K]0@&RBBK:#K$+&U^';J+F\Q=1",B&S1DDHL<>
M)C%(`F'Z\=>^*"&W9Z<#&LCZT:`T5/C0:*WY#)Y'+W1OLM<3W5ZX`&2:1TCR
M!T!<\N<0/#71?2?K-=MD0\K]J@86T0,@"0/X2QQ+";AWI452+I`[BY-NY8N?
M*63*<O.F;E,4!#Q`->9H8KAGIS-:^/X.`(^(T((T*_-CD+_&73;[&SS6]ZRN
MV2)[HWMJ*&CV$.%02#0]"O)TC#F(\9+.G&-\78\Q^Y?(F;/7=,I=<K3MXW,M
MZ@S=TZAXYHZ<M_/_`!<ASF(`@'`/`-4MKC<?8_N<,49UU#177SZ_DJKIF.5\
MHY"UL>?R5_>QL-6MGGEE:T@4J`]Q`--*@56R`#@`!^X.&JY8^N=$2Q>U-G[*
M^XK!F;+9F&S%M5CJ6\K<YBV%D2L4V!6U,H%Y+$5>+*W345*!8]A^`!YA$?KH
MBCAWL=V&\';NSV,8PV5W'&]!RQNOW6L,-H6?)]8D;37"JL:E*W"OUYTSBEB/
M6["WV2(;1CU5,BI@:.3@`!QY@(OGEON36+,79HW$[RL(*26&-P.+\4WIC?Z#
M8(>48W/`N>J`DXCKUC^RUVRLH>:82E<GFJI$3N6Z8.$>18@&(8!$B=S&*.7<
M'&JJ+_K'<,R4.Z!,/!TX8)&,Y!+FX<06/S\O'A^SCHBJY9NKW<]I?<OVZ;%H
M+NK6U&M;H\7YZS62[*;:Z8>6QLVQ>J9Y%TZ(C?D,&TZQ?)J>2=PNH@HF0@"!
M3"(@!%9QQU`66KT*CUBYW);(EOK]5K\':<@.(=O7W%VL,;&-64O;%H%H[?M8
M56??I*.C-4UUB("IR`<P%XB15W,6YHWI=R[+>].P8\W]1VP7#VUC=[=-J5'Q
MU&X7I=XLMO-B^MU$]GNEJM]FR-7CJC9K')NE6+=)H3R&1DRB)A#B8BL:5-E)
M1E5K,;,V`;;+Q]>A6,K:Q:(QXV>2:1K9N^L0L&Z[I!B,VZ3,Y\DBJA$_-Y2F
M,``(D2.<W-][.Y3N+;D<!X:WZ2NSW%>W_;OM_P`EE0A\.UG(P3<GE*RYECIU
MW*2%BN-92B&T0TQPB<#@!RF*L?FY03`3$4CNU#NMR?N9Q[N%KN4LCXYSY*;;
M-QMFP/#;EL/1[>*QMG.!AJ=1K4RL3&.;2LPW96F(/;%(Z9(V<.&?K6IC(JG`
MP@4B^_=4W$Y>V[5S9$\P]9TZN\R[W",#83O2ZL>G)%EL;W"LY-D['!E2.LB"
M)Y!>NMN"H"(I\G$`'Z:(FI&_B,`?L,(?X/'1$L?N-Y[RMA"V]O:+QA9@KC7-
M6^>IXDR,062;TL]0)'#^8+.^A#%442\GSY>L,U`4`1$HI_0=$3.>4!5Y?H',
M(?XN/_9HBK$=I'NH;ELFY'J=1WU6JF3M3WJVC,"^SC(-)H=CK<!6\A8=G)I"
M_;9KK)F+)P3"QJU&-&:KQG+M$'B#!TDF9991(FB)G^S[/.5<E[Y>Z%B6[689
MBAX!O>V^*Q1"@T3;$K$9><86">L;4JI#G,Z%_*,DU3'-P'B7Z:(L_P!T#,V4
M\&;<*=;\.V9*HW&:W4;1\=*S#E)%1L%8R3N!HE-MS!R#E1!`C:1KLNX1.8QR
M@0I^/'PT1:`VL[AMR_<-W%/LX8WL"F&.W%@NUV6DT8Z;%JZR'ODR#757D',7
M]&0(Z6;4W;G"R1.>**!%GUC$@*&!ND8>0B<KHB-$2ANS!3+C1]NNX!A=ZE9:
M9(RV_'=W98V,M4*_@I%Y7YS(A'4-,HLI!%%<\=*-OS$%0#D5)XE$0T1:0[SF
M.,AWG<+V5YJCT.XW.+Q]W,:!:KV_JE=E)YM3:L6O/&B]ELRT:W7)"5]HLJ'G
M/'`IH)%`1,8.&B*'_>GVQ9[V^--VV:-J.'+]G;#G<-PS/X/W+X"QHZE9&9J&
MY&9B4X+%&ZRIT1BV6:2'J^GL8FU>0072[83N3"(F,8"*TM#(JMX>(;KD%-="
M*C45DQ$!%-9)D@10@B'@(D.40T1)*W$T&^R_?Q[<N0HNC7"0Q[3]H&Z^-M5_
M:5V37I-?EK`51&$AI:SIMQB64S)G2$46IU`6.40$`X&#1$\@H\#%']@"`_X@
M$!T14[H':_M+V@[J-^,3W-.WY?MS89UW.6?<CM_W04G:S?=R-+F<9Y-CH5-+
M#[A>@P4]*4RVXTG8IX5TU?(HIN$W2:Z1C%4#B16VL:>UOC?'GL>"<U:D^QJE
M[-K#R$>UEY6ZIT%A[>@'=<D46\A7G4/$^2W48KD(NT,F*2A0,00T1(0W4;$+
M/O>W;=SC$:TKD#%</D;:9LD&A9(9M)-E2[-?\<Y&W)61&GV0!]/&7ZA.7#U@
MA8X8RADE6;HHG`#@F.B)B7;'R6TN&V:&QY([>TMJV2\#2C_$N6<'15$7H--@
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MBFXBSN',I(2<8PBT':U1V]91F7H`LD8J;"#D%!$!*GX:(G\E$#%*8H\2G*4Y
M1_>4Y0,4?\8#HBYT184ECKAY8\`E/P1YTG.92$3EHXTN7D**B@GC".!>@)4P
M$QN*?@`<1T191PNW:HJN72R#9NW3.LLY<J)((()D*)SJJKK"5-),A0XF,(@`
M!]=$7U`P"4!`0,4>!@$!`Q1#ZE,`^("`AX@.B+#25B@(9=JTF)^$BG;[P8MI
M.6CX]P\'GY/TJ#MPBJX_'X?@`WCX?71%FN`"(>`"/[!X`(^/^2/#B''^C1%A
MD[%75I96`2GX16=1*8R\*G+1ZDND4A0.<58PK@SU/D(8!'BF'`!#CHB[[YZQ
MCFB[V3=LV+!H057+N170;,FR9?JJNX='(@@0./B8P@&B+%Q5IK$ZLJW@[)7Y
MI=%,BJR$1,QLDLBFIQ$BBB+)TNHFD</X1$`#AHB[4M,0T$V];-RT3"M#*%1!
MY+OV4:V,H8#&(CZEXJ@F8X@41`O,(_7AHB[R1T%R$<H&153<IIK)N4!3.1RB
M<A3(JE<)<P+I'3$!(8!$!*(</#1%B92SUN!<-6DW8X&$>/@`63:5FHZ,</.)
M_*XM$7KE!9<#*#R\2`/CX?71%FO#^(H$_$`"!B%*'-Q\0,)B!^,H@/'CX_OT
M1=9%ZQ<KNFK=VS<NF!D@>MD7#==PP.X*8R!72*9S*M#K$*82<X%$P`/#]NB+
M^VSIJ]03<LW+=XU5`PI.6JZ3A!3E,)!%)=$QTS@4Y1`>`CP,'#]FB(3<M3N%
MFB3AJ9RV(D=PU261%PW(XYQ1.NW(;S42+@F/()@`#<!X<>&B+IRTW"P+4KV=
MEXF$9G5!$CN7D646V.X.4QP2(X>K()'6.4@CR\>80#1%W4%V[I!%TU6;NVKE
M--=LX;J).6SA)0`.FL@JF)T5$S@/$IBB(#]>.B+$.[-6&DDE`O[%7VTP[,@1
M"$>R\8C)N3.3`#4J,6X<%=+&7,(>6!4Q$X_3CHBSVB(T15D.U#58BP[J\EY7
MGL5;,IG(9-QN[&(E,\O[L,EOK]8E(KL%(&P5R8.I,1(HLR*-W\<V$D?',A,#
M9)-$1`2)MO==3>*]LK?RFP2<JO#;2<Z%:I,DUUG9UAQ_-<A6Z38IG!UN8/P@
M0!,(_31%*O#&0*!D'']:>8_OE-OS&-KM;9/Y&F6B(M#-H[/"LUDT7;F*>/`;
M+JHCSE(MR*&+X\-$5>#<_3HW(?>4R,VMF)]G>8S4O#&WEQ2?O!R"_@+'CB(=
MSS20F9/;U4I50U9<H.9H%5G,DS3+(*S`G:*J"B!2:(GQ;Q)S-%9VI[@;!MUB
M&T]G&&Q)<'V,(A<ZI4WEK;0ZQF)$!;B"IW:10.=L4OB9<I`_;HB37LOIW9IK
MF!-G&YSWO2)'/$E)X[DTMP5^OUD1WD7K<)84^DV.M9MEH^<6RS.2TA<4GC.7
MJ,P+BMM3H>E!H5F@@4I$_?(..:'EJF6/&N4:?7;_`(_N+`T/;*7;HEE.UJQ1
M2BR2ZD;,P\BBX92+%15$HF25(8AA+XAHB2]V.-N&V_&V(LYY(Q5A;&%%O+[=
MMNWQ[*V^H5F.C9QY4J5N$R'#5FJ.))!(KDD'68UN1JR8D$K9F@F5-(A2@`:(
ML3WS(**M`]O*`F<6UC/J"F\%_,1^WBZ$C%JOGB=K^!LNR45C:03G(Z9A2N)0
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M`*J,VXID3*>R8^9RG:WVC2D:]1DHZ3J5XD(Z1;J"JWD&#[+N0G3)ZW4,`&.W
M=M52J$$0`>4P:(OKMV6*;NN=RQ'S>8Z6%-A9@2\P1\LJE>S:(B"7-RE\P2_7
M@'TT11RRK1<#9J[F.;Z5W&#5NS8<H^)\2SFR+$VX`U?9[=K'UNN/F^XB^14!
M/^FIN0\D5JU*,&1%IH'DA#-72GH"I)'5,!$R;957MKE-P9'TG9S/I6'!E(ME
MOJL'Z._77)<+!S,1,*I6"KUJRWJ;L#X*S`R!A;LF;%R:(9(`"3(I$2@4")$>
MY.C83V&[JLI[X,F0.TO>[5'NX&.RI/2=ZGXN;[B.VBT*V!BSK=*P*#J1L1+U
M6,=3CHC:K4:-BX:4032*F9V90HJ@1.>0W^XS=;KC[4T:K<#3J+&!4=7!1NBE
M#(2ME1:GBHOIY_ZP43,NZ!!9P`\$%2B)B>5P5$BGARC_`*7]'U_=HBA?5_[N
MS[F)3V3]E'WD]5L_6O:GP7]SO7.FO?>G5.D?\5>K](]3U3S?SO3>;Y_X.;1%
M+Z7Z1TF4]P],Z!Z!WUKK7I>C]*\D_K^K>N_1=.]/S>=YWY?E\>;PXZ(HZ;8/
MLO\`;]K^RW[7/:O7T??7VM_$_M_W1Z$GIO=OQ/\`U=U_IO+Y?K/U'D<.'X=$
M7G]P'V"?(-!^ZK[._E;TB7Q=]POPK\A^@ZJIY/L'Y)_M)Z/KG/R]._!ZOFX?
MF<=$4O0_[O+^XO+P_=P#EY>'[.'#APT10<JO]VG]QDK[(^Q7[N/<4[UOVI\`
M?<=[N]2M[GZITC_B9[E]7YGK_-_5>9Q\W\7'1%.,./']O'CX</K_`$?3]O'1
M%X#''Q7T:3^(OCSV_P"Z;/UKXU]M=$][]:>>].J>UOT/NOW'ZCJGG?K/6^9Y
M_P"9S:(OA>/B/K6.?DSXV]Q>\2?$/OOVOUOY`Z5(^5\;>X?U_O/HGJ^7I?ZW
MTOF\/R^?1%T,5_"'D7CX.^)_2_(,[\E_$WL_TWRMZ2,]R^^?9_Y7R)Z'T7KO
M7_UEY/D^;^'R]$4:=SG]V9\AU3[ROL;^5^FL/9GW*?!/R!T+U<OTOHWR7_:'
MV[U+UOI^3]'ZSS.3\[1%-R*Z7TN-Z'T[HG3V71ND>FZ3TGTR73NE^C_1]-]'
MR>1Y7Y7E<O)^'AHBUXE\(^VLL>1\4>SNJ6_YV\KVA[8ZWT!G[_\`EWD_JGJW
MM;T_6>L_G=/\OU/Y/+HB[^)OB7XWJ'P1\<?#_22>P/B'VS\:=!\Y;R_9WLW^
MR_2/4^9P]%^3YG-^WCHB[41\9>_;I[?]A?*/2ZI\B]&]O?('1?*D_8WO;T7]
MH^E^1ZWI/K_R>3SO3^'/HBT]NB^S+VI7/O6^U_V/[@/[0^Z;XH]J^ZNGNO,]
ML_+7]3^X.E>=S>E_4>GY^/X.;1%MO%/Q5\<4OX,^//B#H;/XZ^)/;?QK[:Y1
M]![*]G?V8Z%R\?)]#^G_`,G1%#HO]U/]PWX/[O'[LODKPX?;;]Q/S'U?^C_B
M7\F^X/\`Y3UG_B:(I&C]N/SQ^+XN^XOHX\.?H7R)T_I*/-R\?ZQZI[:\OC_M
- -O2.7_9.71%O?1%__V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
