AWARE INC /MA/
EX-10.5
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.5 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE (this &#147;<B><I>Amendment</I></B>&#148;) is dated as of September&nbsp;30, 2021, by
and between AWARE, INC., a Massachusetts corporation (&#147;<B><I>Seller</I></B>&#148;); and FDS BEDFORD, LLC, a Delaware limited liability company (&#147;<B><I>Purchaser</I></B>&#148;). Seller and Purchaser are sometimes referred to herein as the
&#147;<B><I>Parties</I></B>&#148; or individually as a &#147;<B><I>Party</I></B>.&#148; </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>RECITALS: </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A. Purchaser and Seller entered into that certain Agreement of Purchase and Sale dated as of April&nbsp;26, 2021, as amended by that certain
First Amendment to Agreement of Purchase and Sale dated August&nbsp;6, 2021 (collectively, the &#147;<B><I>Agreement</I></B>&#148;), regarding the Property located 40 Middlesex Turnpike, Bedford, Massachusetts 01730; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">B. The Parties wish to amend the Agreement on the terms and conditions set forth herein. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AGREEMENTS: </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW,
THEREFORE, in consideration for the mutual agreements, covenants, warranties and representations contained herein, and for other good and valuable consideration, the receipt and adequacy of which hereby are acknowledged and confessed by each of the
Parties, Seller and Purchaser do hereby agree as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1. <U>Due Diligence Period</U>. Notwithstanding anything to the contrary
contained in the Agreement, the Parties hereby agree that (i)&nbsp;the Due Diligence Period shall expire on December&nbsp;1, 2021, and (ii)&nbsp;Purchaser shall have until the expiration of the Due Diligence Period (as hereby extended) to notify
Seller of any Objections. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2. <U>Post-Closing License Agreement</U>. Section&nbsp;5.6 of the Agreement is hereby deleted and replaced with
the following: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">&#147;Notwithstanding Section&nbsp;5.5 above, Aware, Inc., as &#147;<B>Licensee</B>&#148; may continue to occupy the
Property for a period of approximately one hundred eighty (180)&nbsp;days following Closing to be further outlined in <U>Exhibit E</U> attached hereto (the &#147;<B>License Agreement</B>&#148;).&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">3. <U>Consulting Services Agreement</U>. Notwithstanding anything to the contrary contained in Exhibit D of the Agreement, the Parties hereby
agree that the Parties shall have until November&nbsp;1, 2021, to negotiate the Consulting Services Agreement described therein. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">4.
<U>Closing</U>. Notwithstanding anything to the contrary contained in the Agreement, the Parties hereby agree that Closing shall be held on December&nbsp;31, 2021, or such earlier date agreed to by the Parties. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">5. <U>Terms</U>. Any capitalized terms not so defined herein shall have that meaning as given them in the Agreement, unless specifically
defined otherwise herein. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">4. <U>Ratification</U>. Except as set forth in this Amendment, all other terms and
conditions of the Agreement are hereby reinstated, ratified and affirmed by each of the Parties. In all other respects, the Agreement shall continue in full force and effect, unmodified except to the extent provided herein, and Seller and Purchaser
hereby RATIFY and AFFIRM the Agreement. In the event of a conflict between the terms of the Agreement and the terms of this Amendment, the terms of this Amendment shall control. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">5. <U>Facsimile and Electronic Signatures</U>. This Amendment may be signed by facsimile or other electronic means and such signatures shall
be treated as original signatures for all purposes. Facsimile or other electronic signatures of this Amendment shall be valid and binding and shall have the same force and effect as an original. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">6. <U>Counterparts</U>. This Amendment may be executed in multiple counterparts, which counterparts, each of which shall be deemed an
original, when taken together, shall constitute an original of this Amendment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">7. <U>Entire Agreement</U>. This Amendment and the
Agreement embody and constitute the entire understanding between the Parties with respect to the transactions contemplated herein and therein, and all prior or contemporaneous agreements, understandings, representations and statements (oral or
written) are merged into this Amendment. Neither this Amendment nor the Agreement nor any provision of this Amendment or the Agreement may be waived, modified or amended except by an instrument in writing signed by the Party against whom
modification or amendment is sought, and then only to the extent set forth in such instrument. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">8. <U>Authority</U>. Seller and Purchaser
represent and warrant to each other respectively that they have the requisite power and authority to enter into this Amendment; that all necessary and appropriate approvals, authorizations and other steps have been taken to affect the legality of
this Amendment; and that the signatories executing this Amendment are authorized to do so on behalf of Seller and Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>[The
remainder of this page is intentionally blank; signature pages follow] </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>IN WITNESS WHEREOF</B>, the Parties have executed this Amendment as of the day and year
first above set forth, which shall be the effective date of this Amendment for all purposes. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"><U>SELLER:</U></TD></TR>
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<TD VALIGN="top" COLSPAN="3">AWARE, INC.</TD></TR>
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<TD VALIGN="top">By:</TD>
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<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ David Barcelo</TD></TR></TABLE></DIV> <DIV ALIGN="right">
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<TD VALIGN="top">Print&nbsp;Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">David Barcelo</TD></TR>
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<TD VALIGN="top">Its:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">CFO</TD></TR>
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<TD VALIGN="top" COLSPAN="3"><U>PURCHASER:</U></TD></TR>
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<TD VALIGN="top" COLSPAN="3">FDS BEDFORD, LLC</TD></TR>
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<TD VALIGN="top">By:</TD>
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<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Claiborne Williams</TD></TR></TABLE></DIV> <DIV ALIGN="right">
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<TD VALIGN="top">Print&nbsp;Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Claiborne Williams</TD></TR>
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<TD VALIGN="top">Its:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Authorized Signatory</TD></TR>
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