0001104659-09-067148 Sample Contracts

AMENDMENT NO. 1 TO SUBORDINATED CONTINGENT SECURED PROMISSORY NOTE
Emrise CORP • November 25th, 2009 • Electronic components, nec

THIS AMENDMENT NO. 1 TO SUBORDINATED CONTINGENT SECURED PROMISSORY NOTE (the “Amendment”) is entered into as of November 20, 2009, by and between Emrise Electronics Corporation, a New Jersey corporation (the “Company”), and Thomas P. M. Couse (“Holder”) and amends that certain Subordinated Continent Secured Promissory Note (the “Note”) dated August 20, 2008 by and between the Company and Holder in the original principal amount of up to One Hundred Ninety-Eight Thousand Dollars ($198,000). All capitalized terms not otherwise defined in this Amendment shall have the meanings set forth in the Note.

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AMENDMENT NO. 2 TO STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • November 25th, 2009 • Emrise CORP • Electronic components, nec

THIS AMENDMENT NO. 2 TO STOCK PURCHASE AGREEMENT (the “Amendment”), dated as of November 20, 2009, is made by and among EMRISE Electronics Corporation, a New Jersey corporation (“Buyer”), Charles S. Brand, an individual (“Brand”), Thomas P. M. Couse, an individual (“Couse”), Joanne Couse, an individual (“J. Couse”), and Michael Gaffney, an individual (“Gaffney”).

AMENDMENT NO. 1 TO SUBORDINATED CONTINGENT SECURED PROMISSORY NOTE
Emrise CORP • November 25th, 2009 • Electronic components, nec

THIS AMENDMENT NO. 1 TO SUBORDINATED CONTINGENT SECURED PROMISSORY NOTE (the “Amendment”) is entered into as of November 20, 2009, by and between Emrise Electronics Corporation, a New Jersey corporation (the “Company”), and Michael Gaffney (“Holder”) and amends that certain Subordinated Continent Secured Promissory Note (the “Note”) dated August 20, 2008 by and between the Company and Holder in the original principal amount of up to Twenty Thousand Dollars ($20,000). All capitalized terms not otherwise defined in this Amendment shall have the meanings set forth in the Note.

AMENDMENT NO. 1 TO SUBORDINATED CONTINGENT SECURED PROMISSORY NOTE
Emrise CORP • November 25th, 2009 • Electronic components, nec

THIS AMENDMENT NO. 1 TO SUBORDINATED CONTINGENT SECURED PROMISSORY NOTE (the “Amendment”) is entered into as of November 20, 2009, by and between Emrise Electronics Corporation, a New Jersey corporation (the “Company”), and Charles S. Brand (“Holder”) and amends that certain Subordinated Continent Secured Promissory Note (the “Note”) dated August 20, 2008 by and between the Company and Holder in the original principal amount of up to One Million Five Hundred Eighty-Four Thousand Dollars ($1,584,000). All capitalized terms not otherwise defined in this Amendment shall have the meanings set forth in the Note.

AMENDMENT NO. 1 TO SUBORDINATED CONTINGENT SECURED PROMISSORY NOTE
Emrise CORP • November 25th, 2009 • Electronic components, nec

THIS AMENDMENT NO. 1 TO SUBORDINATED CONTINGENT SECURED PROMISSORY NOTE (the “Amendment”) is entered into as of November 20, 2009, by and between Emrise Electronics Corporation, a New Jersey corporation (the “Company”), and Joanne Couse (“Holder”) and amends that certain Subordinated Continent Secured Promissory Note (the “Note”) dated August 20, 2008 by and between the Company and Holder in the original principal amount of up to One Hundred Ninety-Eight Thousand Dollars ($198,000). All capitalized terms not otherwise defined in this Amendment shall have the meanings set forth in the Note.

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