Common use of Securities Regulation Clause in Contracts

Securities Regulation. Shares will not be issued with respect to this option unless the exercise of such option and the issuance and delivery of the Shares pursuant thereto complies with all relevant provisions of law, including, without limitation, any applicable state securities laws, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the shares may then be listed. The Company agrees to register under the Securities Act of 1933 the sale of the Shares to you upon exercise of the option. Please execute the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, PLANAR SYSTEMS, INC. By: /s/ Xxxxxx Xxxxxx Xxxxxx Xxxxxx President and Chief Executive Officer AGREED AND ACCEPTED: /s/ Xxxxx Xxxxxxxxx Xxxxx Xxxxxxxxx Date: May 14, 2007 NOTICE OF EXERCISE OF NONQUALIFIED STOCK OPTION To: Planar Systems, Inc. I, Xxxxx Xxxxxxxxx, a resident of the State of Oregon, hereby exercise my nonqualified stock option granted by Planar Systems, Inc. (the “Company”) on May 14, 2007 and notify the Company of my desire to purchase shares of Common Stock of the Company (the “Securities”) at the exercise price of $ per share which were offered to me pursuant to said option. I hereby represent and warrant that (1) I have been furnished with all information which I deem necessary to evaluate the merits and risks of the purchase of the Securities; (2) I have had the opportunity to ask questions and receive answers concerning the information received about the Securities and the Company; and (3) I have been given the opportunity to obtain any additional information I deem necessary to verify the accuracy of any information obtained concerning the Securities and the Company. Dated: Xxxxx Xxxxxxxxx Taxpayer I.D. Number: Address 5 – NONQUALIFIED STOCK OPTION AGREEMENT RECEIPT hereby acknowledges receipt from Xxxxx Xxxxxxxxx, in payment for shares of Common Stock of Planar Systems, Inc., an Oregon corporation, of $ in the form of ¨ Cash ¨ Check (personal, cashier’s or bank certified) ¨ shares of the Company’s Common Stock, fair market value $ per share held by the Optionee for a period of at least six months ¨ A properly executed exercise notice together with irrevocable instructions to a broker to promptly deliver to the Company the amount of sale or loan proceeds to pay the exercise price Date: PLANAR SYSTEMS, INC. By:

Securities Regulation. Shares will not be issued with respect to this option unless the exercise of such option and the issuance and delivery of the Shares pursuant thereto complies with all relevant provisions of law, including, without limitation, any applicable state securities laws, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the shares may then be listed. The Company agrees to register under the Securities Act of 1933 the sale of the Shares to you upon exercise of the option. Please execute the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, PLANAR SYSTEMS, INC. By: /s/ Xxxxxx Xxxxxx Xxxxxx Xxxxxx President and Chief Executive Officer AGREED AND ACCEPTED: /s/ Xxxxx Xxxxxxxxx Xxxxx Xxxxxxxxx Xxxxxxx X. Going Xxxxxxx X. Going Date: May 14March 5, 2007 NOTICE OF EXERCISE OF NONQUALIFIED STOCK OPTION To: Planar Systems, Inc. I, Xxxxx XxxxxxxxxXxxxxxx X. Going, a resident of the State of Oregon, hereby exercise my nonqualified stock option granted by Planar Systems, Inc. (the “Company”) on May 14March 5, 2007 and notify the Company of my desire to purchase shares of Common Stock of the Company (the “Securities”) at the exercise price of $ per share which were offered to me pursuant to said option. I hereby represent and warrant that (1) I have been furnished with all information which I deem necessary to evaluate the merits and risks of the purchase of the Securities; (2) I have had the opportunity to ask questions and receive answers concerning the information received about the Securities and the Company; and (3) I have been given the opportunity to obtain any additional information I deem necessary to verify the accuracy of any information obtained concerning the Securities and the Company. Dated: Xxxxx Xxxxxxxxx Xxxxxxx X. Going Taxpayer I.D. Number: Address 5 – NONQUALIFIED STOCK OPTION AGREEMENT RECEIPT hereby acknowledges receipt from Xxxxx Xxxxxxxxx, in payment for shares of Common Stock of Planar Systems, Inc., an Oregon corporation, of $ in the form of ¨ Cash ¨ Check (personal, cashier’s or bank certified) ¨ shares of the Company’s Common Stock, fair market value $ per share held by the Optionee for a period of at least six months ¨ A properly executed exercise notice together with irrevocable instructions to a broker to promptly deliver to the Company the amount of sale or loan proceeds to pay the exercise price Date: PLANAR SYSTEMS, INC. By:Address

Securities Regulation. Shares will not be issued with respect to this option unless the exercise of such option and the issuance and delivery of the Shares pursuant thereto complies with all relevant provisions of law, including, without limitation, any applicable state securities laws, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the shares may then be listed. The Company agrees to register under the Securities Act of 1933 the sale of the Shares to you upon exercise of the option. Please execute the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, PLANAR SYSTEMS, INC. By: /s/ Xxxxxx Xxxxxx Xxxxxx Xxxxxx President and Chief Executive Officer AGREED AND ACCEPTED: /s/ Xxxxx Xxxxxxxxx Xxxxxxxxxxx Xxxxx Xxxxxxxxx Xxxxxxxxxxx Date: May 14November 22, 2007 2005 NOTICE OF EXERCISE OF NONQUALIFIED STOCK OPTION To: Planar Systems, Inc. I, Xxxxx XxxxxxxxxXxxxxxxxxxx, a resident of the State of Oregon, hereby exercise my nonqualified stock option granted by Planar Systems, Inc. (the “Company”) on May 14November 22, 2007 2005 and notify the Company of my desire to purchase shares of Common Stock of the Company (the “Securities”) at the exercise price of $ $9.44 per share which were offered to me pursuant to said option. I hereby represent and warrant that (1) I have been furnished with all information which I deem necessary to evaluate the merits and risks of the purchase of the Securities; (2) I have had the opportunity to ask questions and receive answers concerning the information received about the Securities and the Company; and (3) I have been given the opportunity to obtain any additional information I deem necessary to verify the accuracy of any information obtained concerning the Securities and the Company. Dated: /s/ Xxxxx Xxxxxxxxx Xxxxxxxxxxx Xxxxx Xxxxxxxxxxx Taxpayer I.D. Number: Address 5 – NONQUALIFIED STOCK OPTION AGREEMENT RECEIPT hereby acknowledges receipt from Xxxxx Xxxxxxxxx, in payment for shares of Common Stock of Planar Systems, Inc., an Oregon corporation, of $ in the form of ¨ Cash ¨ Check (personal, cashier’s or bank certified) ¨ shares of the Company’s Common Stock, fair market value $ per share held by the Optionee for a period of at least six months ¨ A properly executed exercise notice together with irrevocable instructions to a broker to promptly deliver to the Company the amount of sale or loan proceeds to pay the exercise price Date: PLANAR SYSTEMS, INC. By:Address

Securities Regulation. Shares will not be issued with respect to this option unless the exercise of such option and the issuance and delivery of the Shares pursuant thereto complies with all relevant provisions of law, including, without limitation, any applicable state securities laws, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the shares may then be listed. The Company agrees to register under the Securities Act of 1933 the sale of the Shares to you upon exercise of the option. Please execute the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, PLANAR SYSTEMS, INC. By: /S/ XXXXXXX X. XXXXXXXX AGREED AND ACCEPTED: Xxxxxxx X. Xxxxxxxx Chairman of the Board /s/ Xxxxxx Xxxxxx Xxxxxx Xxxxxx President and Chief Executive Officer AGREED AND ACCEPTED: /s/ Xxxxx Xxxxxxxxx Xxxxx Xxxxxxxxx Date: May 14September 26, 2007 2005 NOTICE OF EXERCISE OF NONQUALIFIED STOCK OPTION To: Planar Systems, Inc. I, Xxxxx XxxxxxxxxXxxxxx Xxxxxx, a resident of the State of Oregon, hereby exercise my nonqualified stock option granted by Planar Systems, Inc. (the “Company”) on May 14September , 2007 2005 and notify the Company of my desire to purchase shares of Common Stock of the Company (the “Securities”) at the exercise price of $ per share which were offered to me pursuant to said option. I hereby represent and warrant that (1) I have been furnished with all information which I deem necessary to evaluate the merits and risks of the purchase of the Securities; (2) I have had the opportunity to ask questions and receive answers concerning the information received about the Securities and the Company; and (3) I have been given the opportunity to obtain any additional information I deem necessary to verify the accuracy of any information obtained concerning the Securities and the Company. Dated: Xxxxx Xxxxxxxxx /s/ Xxxxxx Xxxxxx Xxxxxx Xxxxxx Taxpayer I.D. Number: Address 5 – NONQUALIFIED STOCK OPTION AGREEMENT RECEIPT hereby acknowledges receipt from Xxxxx Xxxxxxxxx, in payment for shares of Common Stock of Planar Systems, Inc., an Oregon corporation, of $ in the form of ¨ Cash ¨ Check (personal, cashier’s or bank certified) ¨ shares of the Company’s Common Stock, fair market value $ per share held by the Optionee for a period of at least six months ¨ A properly executed exercise notice together with irrevocable instructions to a broker to promptly deliver to the Company the amount of sale or loan proceeds to pay the exercise price Date: PLANAR SYSTEMS, INC. By:Address