ImageWare Systems, Inc. (IWSY)

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On December 27, 2016, the Company and Neal Goldman, a member of the Company’s Board of Directors (the “ Holder ”), agreed to enter into the fifth amendment (the “ Line of Credit Amendment ”) to the convertible promissory note previously issued by the Company to the Holder on March 27, 2013 (the “ Goldman Line of Credit ”), to provide the Company with the ability to borrow up to $5.5 million under the terms of the Goldman Line of Credit, bringing the total amount the Company may borrow under its existing lines of credit to $6.0 million. A copy of the Line of Credit Amendment will be attached as an exhibit to the Company’s next periodic report filed under the Securities Exchange Act of 1934, as amended.