CHANGE IN CONTROL AGREEMENTChange in Control Agreement • July 28th, 2010 • Iteris, Inc. • Communications equipment, nec • California
THIS CHANGE IN CONTROL AGREEMENT (the “Agreement”) is entered into as of July 27, 2010 (the “Effective Date”), by and between Abbas Mohaddes (the “Employee”) and Iteris, Inc., a Delaware corporation (the “Corporation”).
July 27, 2010 Mr. Abbas Mohaddes Rancho Palos Verdes, CA 90275 Dear Abbas:Change in Control Agreement • July 28th, 2010 • Iteris, Inc. • Communications equipment, nec • California
On behalf of the Board of Directors and the Compensation Committee of Iteris, Inc. (“Iteris” or the “Company”), I am pleased to present you with this letter agreement, which provides for certain compensation terms in connection with your continued employment with Iteris.
ITERIS, INC. RESTRICTED STOCK UNIT AWARD AGREEMENTRestricted Stock Unit Award Agreement • July 28th, 2010 • Iteris, Inc. • Communications equipment, nec • Delaware
This RESTRICTED STOCK UNIT AWARD AGREEMENT (the “Agreement”) is made as of (the “Grant Date”), by and between Iteris, Inc., a Delaware corporation (the “Company”), and (“Participant”). The Award (as defined below) is subject to the terms and conditions set forth in this Agreement and in the Iteris, Inc. 2007 Omnibus Incentive Plan (the “Plan”). Capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the Plan.
