0000892569-06-000807 Sample Contracts

WARRANT TO PURCHASE COMMON STOCK OF MTI TECHNOLOGY CORPORATION
Warrant Agreement • June 26th, 2006 • Mti Technology Corp • Computer storage devices • Delaware

This certifies that The Canopy Group, Inc., a Utah corporation, or assigns (collectively, the “Holder”), for value received, is entitled to purchase, at the Stock Purchase Price (as defined below), from MTI Technology Corporation, a Delaware corporation (the “Company”), up to that number of fully paid and nonassessable shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), equal to 125,000 (the "Warrant Shares”).

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AMENDMENT TO SECOND WAIVER AND CONSENT
Second Waiver and Consent • June 26th, 2006 • Mti Technology Corp • Computer storage devices

This Amendment to Second Waiver and Consent (this “Amendment”) is entered into as of this 31st day of May, 2006, by and between The Canopy Group, Inc., a Utah corporation (“Canopy”), and MTI Technology Corporation, a Delaware corporation (“MTI”).

FOURTH AMENDMENT TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • June 26th, 2006 • Mti Technology Corp • Computer storage devices

This Fourth Amendment to Loan and Security Agreement (this “Amendment”) is entered into as of June 20, 2006, by and between COMERICA BANK, successor by merger to COMERICA BANK-CALIFORNIA (“Bank”) and MTI TECHNOLOGY CORPORATION (“Borrower”).

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