Item 5.02. Departure of Directors or Certain Officers' Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 12, 2009, Hirsch International Corp. (the "Company") notified Beverly Eichel, the Company's Executive VP-Finance and Administration, Chief Financial Officer and Secretary, that her employment with the Company would be terminated effective June 15, 2009 as part of the Company's cost savings program, which is described in Item 8.01 below. In connection with such termination, the Company and Ms. Eichel entered into a Second Amended and Restated Employment Agreement (the "Agreement"), dated June 15, 2009. The Agreement, among other things, modifies the termination date of Ms. Eichel's former employment agreement to be June 15, 2009, and provides for a lump sum severance payment to Ms. Eichel in the amount of $146,475 in lieu of any other payment which Ms. Eichel may have been entitled or eligible to receive under the terms of her former employment agreement.

The Agreement further provides that for a period of 12 months beginning June 16, 2009, Ms. Eichel shall make herself available to the Company, at mutually agreed times, to provide consulting services to the Company. For these consulting services, Ms. Eichel will be paid at the rate of $150 per hour.

Item 8.01. Other Events.

On June 12, 2009, the Company initiated a cost savings program aimed at reducing the Company's overall costs. As part of the program, the Company is reducing its number of employees and implementing pay cuts and work week reductions for many of the remaining employees.

Item 9.01. Other Events.

(d) Exhibits

99.1 Second Amended and Restated Employment Agreement, dated June 15, 2009, between the Company and Beverly Eichel.