0001193125-07-017196 Sample Contracts

SUBORDINATED SECURITY AGREEMENT
Subordinated Security Agreement • January 31st, 2007 • Irvine Sensors Corp/De/ • Semiconductors & related devices • Texas

This Subordinated Security Agreement (this “Agreement”) is made and entered into as of January 17, 2007 by and between the undersigned (“Grantor”) and the lender listed on the signature page hereto (the “Lender”).

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SECOND AMENDMENT TO STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • January 31st, 2007 • Irvine Sensors Corp/De/ • Semiconductors & related devices • California

This SECOND AMENDMENT TO STOCK PURCHASE AGREEMENT (the “Second Amendment”) among Irvine Sensors Corporation, a Delaware corporation (“Buyer”), Optex Systems, Inc., a Texas corporation (the “Company”), and Timothy Looney (“Seller”) is made and entered into as of January 17, 2007.

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