SEC Info - Universal Security Instruments Inc. - ‘8-K’ for 6/12/23

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Universal Security Instruments Inc. – ‘8-K’ for 6/12/23 – ‘EX-10.1’

On: Tuesday, 6/13/23, at 10:34am ET · For: 6/12/23 · Accession #: 1104659-23-70660 · File #: 1-31747

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/13/23  Universal Sec Instruments Inc.    8-K:1,9     6/12/23   11:196K                                   Toppan Merrill/FA

Current Report — Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     26K 
 2: EX-10.1     Material Contract                                   HTML      9K 
 6: R1          Cover                                               HTML     47K 
 9: XML         IDEA XML File -- Filing Summary                      XML     12K 
 7: XML         XBRL Instance -- tm2318477d1_8k_htm                  XML     15K 
 8: EXCEL       IDEA Workbook of Financial Report Info              XLSX      8K 
 4: EX-101.LAB  XBRL Labels -- uuu-20230612_lab                      XML     96K 
 5: EX-101.PRE  XBRL Presentations -- uuu-20230612_pre               XML     64K 
 3: EX-101.SCH  XBRL Schema -- uuu-20230612                          XSD     12K 
10: JSON        XBRL Instance as JSON Data -- MetaLinks               25±    34K 
11: ZIP         XBRL Zipped Folder -- 0001104659-23-070660-xbrl      Zip     17K

‘EX-10.1’ — Material Contract

This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Exhibit 10.1

ADDENDUM TO

SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT

THIS ADDENDUM TO SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Addendum”) is made as of the 12th day of June, 2023 by and between UNIVERSAL SECURITY INSTRUMENTS, INC., a Maryland corporation (the “Company”) and HARVEY B. GROSSBLATT (the “Executive”).

INTRODUCTORY STATEMENT

The Company and Executive entered into a Second Amended and Restated Employment Agreement dated as of July 18, 2005, as amended (the “Original Agreement”). The parties desire to extend the term of the Original Agreement for an additional one-year term.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

A. All capitalized terms not otherwise defined in this Addendum shall have the meanings set forth in the Original Agreement.

B. The first sentence of Section 1(b) of the Original Agreement is hereby amended in it entirety to read as follows:

Subject to Section 7, the Company shall employ the Executive pursuant
to the terms hereof for the period commencing as of the date hereof and
ending on July 31, 2024.

C. In all other respects, the Original Agreement, as amended hereby, shall remain in full force and effect.

IN WITNESS WHEREOF, the parties have executed this Addendum as of the day and year first above written.

	UNIVERSAL SECURITY INSTRUMENTS, INC.

	By:	/s/
		James B. Huff, Vice President

	/s/
	Harvey B. Grossbl

Dates Referenced Herein and Documents Incorporated by Reference

This ‘8-K’ Filing	Date	Other Filings

	7/31/24
Filed on:	6/13/23
For Period end:	6/12/23
	7/18/05	4, SC 13D/A
		List all Filings

3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/20/24  Universal Sec Instruments Inc.    10-Q       12/31/23   41:2.4M                                   Toppan Merrill/FA2
11/20/23  Universal Sec Instruments Inc.    10-Q        9/30/23   41:2.4M                                   Toppan Merrill/FA2
 8/21/23  Universal Sec Instruments Inc.    10-Q        6/30/23   41:2.2M                                   Toppan Merrill/FA2

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Filing Submission 0001104659-23-070660 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)