Summary of AURA SYSTEMS INC

Entry into a Material Definitive Agreement, Change in Directors or Principal Off

Item 1.01 Entry into a Material Definitive Agreement.

Dr. Donald Macleod was appointed as President of Aura Systems, Inc. (the "Company"), effective April 27, 2009. Pursuant to the two-year employment agreement between the Company and Dr. Macleod, dated April 20, 2009, Dr. Macleod will: (1) receive a starting annual salary of $300,000, payable bi-weekly; (2) receive an option to purchase up to 400,000 shares of common stock of the Company at a price of $1.50 per share; (3) receive relocation and recruiting expense reimbursement and; (4) be eligible to participate in all benefit and bonus programs established by the Company for its executive officers. The stock options granted to Dr. Macleod under his employment agreement will vest over a three-year period with one-third of the shares vesting on the first anniversary of the grant date, and the remainder vesting monthly until all shares are vested. The stock options will be granted under the Company's Employee Option Plan and will be subject to the terms and conditions applicable to stock options granted under that plan.

A copy of the employment agreement between the Company and Dr. Macleod dated April 20, 2009 is attached to this Current Report on Form 8-K as Exhibit 10.1.

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

The information set forth in Item 1.01 is incorporated herein by reference in its entirety.

Dr. Macleod earned his Ph.D. in electrical engineering at the University of Leeds in the UK. Dr. Macleod has previously served as an Executive Director of Seagate Technology where he was responsible for motor design, manufacturing development and production line transfer to manufacturing locations. He has also held Executive Director level positions in advanced concepts, media engineering and business process development. Prior to Seagate, Dr. Macleod served as VP of Engineering and a member of the board of directors at Applied Motion Products. During his 26 years in the industry, Dr. Macleod has been named on 31 U.S. patents, published 8 papers on motor technology at international conferences, and led the development of motor technology for disc drives.

There are no family relationships among Dr. Macleod and any of the Company's executive officers or directors. Further, there are no transactions involving the Company and Dr. Macleod which would be reportable pursuant to Items 404(a) and (b) of Regulation S-B promulgated under the Securities Act of 1933, as amended.