On April 1, 2012, Identive Group, Inc. (the "Company") entered into an Executive Employment Agreement with Jason Hart. Mr. Hart currently serves as the Chief Executive Officer of idOnDemand, Inc. ("idOD"), a wholly-owned subsidiary of the Company and, under the terms of the new agreement, Mr. Hart will take on the additional role of Executive Vice President, Identity Management and Cloud Solutions, of the Company. The agreement replaces the prior employment agreement between Mr. Hart and idOD dated May 2, 2011, entered into in connection with the Company's acquisition of a substantial majority of the outstanding shares of idOD from existing shareholders, including Mr. Hart, through a Stock Purchase Agreement, dated April 29, 2011, as reported on the Company's Current Report on Form 8-K, filed with the Commission on May 4, 2011.   

Mr. Hart, 41, joined the Company in May 2011 when the Company acquired idOD. Prior to co-founding idOD in November 2007, Mr. Hart was Senior Vice President Sales, Marketing, Professional Services and Product Management, and then CEO, of ActivIdentity Corporation (formerly known as ActivCard Corp.) from August 2005 until November 2007. In 1993, Mr. Hart founded and served as CEO of Protocom Development Systems, Inc., a privately held identity management software security business, until the company was acquired by ActivCard in August 2005. There are no family relationships between Mr. Hart and any other executive officers or directors of the Company.

Under the terms of the new agreement, Mr. Hart will be based out of the Company's executive offices in Santa Ana, California, and will receive an annual base salary of $250,000, effective April 1, 2012. Mr. Hart will be eligible to participate in the Company's bonus program for core management executive officers and in the Company's benefit programs, as in effect from time to time. The initial term of the Agreement is two years, and may be extended for such additional period as may be agreed in writing by the Company and Mr. Hart at any time prior to the expiration of the initial term. The Company or Mr. Hart may terminate the Agreement at any time without cause upon one year's prior written notice. Mr. Hart would continue to receive his semi-monthly installments of the base salary and the pro rata amount of any bonus payment and will be entitled to a continuation of all benefits during the one-year notice period. The Company may terminate the Agreement for cause at any time without notice and without any payment in lieu of notice. The Agreement contains customary provisions relating to confidential information and incorporates the existing non-competition and non-solicitation provisions to which Mr. Hart pursuant to the purchase agreement entered into when the Company acquired idOD. A copy of the Agreement is attached to this Report as Exhibit 10.1 and is incorporated herein by reference.

In connection with the Company's acquisition of the substantial majority of outstanding shares of idOD in May 2011, Mr. Hart received from the Company, in exchange for his shares in idOD, approximately $2.1 million in cash and 899,454 shares of the Company's common stock (having an approximate value of $3.5 million at the time of the acquisition).

Designation of Principal Accounting Officer

Exhibit

10.1        Executive Employment Agreement, dated as of April 1, 2012, by and between Identive Group, Inc. and Mr. Jason Hart.