Exhibit 10.27 WESTELL TECHNOLOGIES, INC. NON-QUALIFIED STOCK OPTION -------------------------- THIS NON-QUALIFIED STOCK OPTION, dated as set forth in the attached Memorandum is granted by WESTELL TECHNOLOGIES, INC. (the "Company"), to the Employee as...Non-Qualified Stock Option Agreement • February 9th, 2005 • Westell Technologies Inc • Telephone & telegraph apparatus
