THIS EMPLOYMENT AGREEMENT ("Agreement"), effective this 5th day of March, 1998 (the "Effective
Date"), is entered into by and between _________________ ("Executive") and Aura Systems, Inc., a Delaware
corporation (the "Company").
WHEREAS, Executive is a founder of the Company and has been employed by the Company for several years
in the capacity of________________; and
WHEREAS, the Company desires to establish its right to the continued services of Executive, in the capacity
described below, on the terms and conditions hereinafter set forth, and Executive is willing to continue such
employment on such terms and conditions.
NOW, THEREFORE, in consideration of the mutual agreements hereinafter set forth, Executive and the
Company have agreed and do hereby agree as follows:
1. EMPLOYMENT. The Company does hereby employ Executive and Executive does hereby accept
employment as _____________________ of the Company. Executive shall do and perform all services and acts
necessary or advisable to fulfill the duties and responsibilities of his position and shall render such services on the
terms set forth herein and shall report to the Company's Board of Directors. In addition, Executive shall have
such other executive and managerial powers and duties with respect to the Company and its subsidiaries as may
reasonably be assigned to him by the Company's Board of Directors, to the extent consistent with his positions
and status as set forth above. Executive agrees to devote to the Company and its subsidiaries such time as shall
be necessary for the effective conduct of his duties hereunder.
2. TERM OF AGREEMENT. The term ("Term") of this Agreement shall commence on the Effective Date and
shall continue for a period of three (3) years; provided, however, that on the first anniversary of the Effective
Date (and on each succeeding anniversary of the Effective Date during the Term), the Term shall automatically be
extended by an additional year (unless Executive o