Elecsys Corp Sample Contracts

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Exhibit 10.7 PROMISSORY NOTE ---------------- -------------- ------------- -------------- ------------- -------------- -------------- ------------- Principal Loan Date Maturity Loan No. [Call/Coll.] Account Officer Initials $240,000.00 11/15/2006...
Promissory Note • December 11th, 2006 • Elecsys Corp • Electronic components, nec • Missouri

---------------- -------------- ------------- -------------- ------------- -------------- -------------- ------------- Principal Loan Date Maturity Loan No. [Call/Coll.] Account Officer Initials $240,000.00 11/15/2006 11/15/2016 2000207186 [4100] 307275 123 ---------------- -------------- ------------- -------------- ------------- -------------- -------------- ------------- References in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or Item. Any item above containing ***** has been omitted due to text length limitations. ----------------------------------------------------------------------------------------------------------------------

RECITALS
Stock Purchase Agreement • February 15th, 2000 • Airport Systems International Inc • Search, detection, navagation, guidance, aeronautical sys • Kansas
AGREEMENT
Loan and Security Agreement • September 14th, 2000 • Airport Systems International Inc • Search, detection, navagation, guidance, aeronautical sys • Missouri
By and among
Asset Purchase Agreement • August 20th, 2001 • Elecsys Corp • Search, detection, navagation, guidance, aeronautical sys • New York
GUARANTY AGREEMENT Dated as of September 1, 2006
Guaranty Agreement • December 11th, 2006 • Elecsys Corp • Electronic components, nec • Kansas

THIS GUARANTY AGREEMENT made and entered into as of September 1, 2006 (the "Guaranty"), by and among DCI, INC., a Kansas corporation (the "Corporation"), ELECSYS CORPORATION, a Kansas corporation (the "Elecsys") and NTG, INC., a Kansas corporation (the "NTG") (the Corporation, the Elecsys and the NTG are hereinafter collectively referred to as the "Guarantors" and individually as a "Guarantor,") and UMB BANK, N.A., a national banking association with its principal corporate trust office in Kansas City, Missouri, as Trustee (the "Trustee"), under a Trust Indenture dated as of September 1, 2006 (the "Indenture"), between the City of Olathe, Kansas, as Issuer (the "Issuer") and the Trustee, as authorized by Ordinance No. 06-95 of the Issuer passed on August 15, 2006 (the "Ordinance");

RECITALS
Investor's Rights Agreement • September 14th, 2004 • Elecsys Corp • Electronic components, nec • Kansas
EXHIBIT 10(o) BUSINESS LOAN AGREEMENT (ASSET BASED) ------------------ -------------- ------------- -------------- ------------- ------------- ------------- ------------- Principal Loan Date Maturity Loan No Call / Coll Account Officer Initials...
Business Loan Agreement • July 23rd, 2008 • Elecsys Corp • Electronic components, nec • Missouri

------------------ -------------- ------------- -------------- ------------- ------------- ------------- ------------- Principal Loan Date Maturity Loan No Call / Coll Account Officer Initials $6,000,000.00 04-11-2008 08-14-2008 2000206013 Coll 309275 123 ---------------------------------------------------------------------------------------------------------------------- References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containing ***** has been omitted due to text length limitations. ----------------------------------------------------------------------------------------------------------------------

CITY OF OLATHE, KANSAS,
Trust Indenture • December 11th, 2006 • Elecsys Corp • Electronic components, nec

THIS TRUST INDENTURE, dated as of the September 1, 2006 (the "Indenture"), between the CITY OF OLATHE, KANSAS, a municipal corporation duly organized and existing under the laws of the State of Kansas (the "Issuer"), and UMB BANK, N.A., a national banking association duly organized and existing and authorized to accept and execute trusts of the character herein set forth under the laws of the United States, with its principal corporate trust office located in Kansas City, Missouri, as Trustee (the "Trustee");

LEASE
Lease Agreement • December 11th, 2006 • Elecsys Corp • Electronic components, nec
PROMISSORY NOTE
Promissory Note • December 21st, 2007 • Elecsys Corp • Electronic components, nec

References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containing "* * *" has been omitted due to text length limitations. -------------------------------------------------------------------------------------------------------------------------------

BETWEEN IDMAN OY AND
Distribution Agreement • September 14th, 1998 • Airport Systems International Inc • Search, detection, navagation, guidance, aeronautical sys
EXHIBIT 10.2 CHANGE IN TERMS AGREEMENT Principal Loan Date Maturity Loan No Call/Coll Account Officer Initials References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item....
Change in Terms Agreement • September 10th, 2007 • Elecsys Corp • Electronic components, nec

References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item.

Exhibit 10.8 COMMERCIAL GUARANTY
Commercial Guaranty • December 11th, 2006 • Elecsys Corp • Electronic components, nec • Missouri

Reference in the shaded area are for Lender's use only and do not limit the applicability of this document to any particular loan or item.

INCENTIVE STOCK OPTION AGREEMENT FOR OPTIONEE OF RESTATED 1991 STOCK OPTION PLAN
Incentive Stock Option Agreement • July 31st, 2000 • Airport Systems International Inc • Search, detection, navagation, guidance, aeronautical sys
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AGREEMENT
Loan and Security Agreement • March 19th, 2001 • Elecsys Corp • Search, detection, navagation, guidance, aeronautical sys • Missouri
LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • July 28th, 2003 • Elecsys Corp • Electronic components, nec • Missouri
INCENTIVE STOCK OPTION AGREEMENT FOR OPTIONEE OF RESTATED 1991 STOCK OPTION PLAN
Incentive Stock Option Agreement • July 29th, 2002 • Elecsys Corp • Search, detection, navagation, guidance, aeronautical sys
RECITALS
Investor's Rights Agreement • February 15th, 2000 • Airport Systems International Inc • Search, detection, navagation, guidance, aeronautical sys • Kansas
RECITALS
Investment Agreement • February 15th, 2000 • Airport Systems International Inc • Search, detection, navagation, guidance, aeronautical sys • Kansas
RECITALS:
Bond Pledge Agreement • December 11th, 2006 • Elecsys Corp • Electronic components, nec • Kansas
ARTICLE I PURCHASE OF ASSETS
Dispute Resolution Agreement • March 15th, 2002 • Elecsys Corp • Search, detection, navagation, guidance, aeronautical sys • Kansas
AND
Convertible Subordinated Debenture • February 15th, 2000 • Airport Systems International Inc • Search, detection, navagation, guidance, aeronautical sys • Kansas
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