Identive Group – Severance Agreement Between SCM Microsystems GmbH Legally Represented by Its Managing Director Robert Schneider Oskar-Messter-Strasse 13 D-85737 Ismaning - Hereinafter Referred to as Employer - And - Hereinafter Referred to as Employee - Preamble (May 15th, 2006)
To avoid a dismissal for operational reasons, the employment relationship between the Parties shall be terminated by mutual consent as per 15 January 2006.
Identive Group – Contract (May 6th, 2004)
EXHIBIT 10.25 Note: This document was originally written and executed in the German language and has been translated for purposes of disclosure only. Employment Contract between Mr. Colas Overkott 6, Villa Sanssouci F - 92140 Clamart France - - hereinafter called "Employee" - and SCM Microsystems GmbH Oskar-Messter-Str. 13 D - 85737 Ismaning Germany - - hereinafter called "SCM" - 1. ENGAGEMENT, DUTIES, PLACE OF EMPLOYMENT Engagement is effective from November 1, 2002. Title will be Executive Vice President for the Digital TV business unit. Place of employment will be Ismaning. The Employee`s tasks involve extensive travelling within and outside Europe. SCM reserves the right to assign other or additional duties within the scope of the Company and within the scope of the Employee`s knowledge and abilities and/or relocate him to a different place of work as far as this is just and reasonable. 2. DURATION, PROBATION The first 6 (six) months will be regarded