Aura Systems Inc – September 22, 2004 2966 Ballesteros Lane Tustin, CA 92782 (March 25th, 2005)
On behalf of Aura Systems, Inc., I would like to offer you the regular, full-time, salaried position of Vice President of Finance. Additionally, you will be appointed Chief Financial Officer upon Board of Directors approval. Your starting salary will be $120,000 annually. You will be reporting to Raymond Yu, the President & CEO. You will also receive, upon approval of the Board of Directors and approval by the Shareholders of a new stock option plan, a grant of stock options totaling one million (1,000,000) shares exercisable 50% upon the first anniversary of your employment and 50% upon the second anniversary of your employement. The exercise price shall be $0.04 per share. The options will be subject to the terms of the new stock option plan. Should you be terminated by the company without cause during the first 2 years of employment, you will receive a severance payment of 30 days salary.
Aura Systems Inc – Agreement (December 30th, 2004)
THIS AGREEMENT (this "Agreement") is entered into as of December 23, 2004 between AURA SYSTEMS, INC., a Delaware corporation (the "Company"), and KOYAH MICROCAP PARTNERS MASTER FUND, L.P., a Cayman Islands limited partnership (the "Lender").
Aura Systems Inc – Shareholder Agreement (September 20th, 2004)
This SHAREHOLDER AGREEMENT (this "Agreement") is made as of August 19, 2004 by and among the parties listed on the signature page hereto (individually, a "Shareholder" and collectively, the "Shareholders").
Aura Systems Inc – Securities Purchase Agreement (September 20th, 2004)
This SECURITIES PURCHASE AGREEMENT ("Agreement") is dated as of August 19, 2004, by and between AURA SYSTEMS, INC., a Delaware corporation (the "Company"), and the purchasers identified on the signature page of this Agreement ( each, a "Purchaser," and together with such other investors who participate in the "Offering" described below, "Purchasers") with regard to the following: