0000945234-03-000290 Sample Contracts

Contract
Employment Agreement • May 22nd, 2003 • Norsat International Inc / • Electronic components, nec • British Columbia

THIS EMPLOYMENT AGREEMENT, dated as of October 16, 2002 is made between Norsat International Inc., a company incorporated under the laws of British Columbia (“Norsat”) and Michael Heaven (the “Executive”).

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NOTE PURCHASE, PAYING AND CONVERSION AGENCY AGREEMENT NORSAT INTERNATIONAL INC. BURNABY, B.C., Canada USD 2’000’000.— 8% Convertible Notes of 2002 due March 31, 2007 March 28, 2002
Paying and Conversion Agency Agreement • May 22nd, 2003 • Norsat International Inc / • Electronic components, nec • British Columbia

NORSAT INTERNATIONAL INC. being a corporation existing under the laws of the Province of British Columbia, Canada, whose head office is situated at 300-4401 Still Creek Drive, Burnaby, B.C. V5C 6G9.,

Contract
Employment Agreement • May 22nd, 2003 • Norsat International Inc / • Electronic components, nec • British Columbia

THIS EMPLOYMENT AGREEMENT, dated as of September 24, 2002, is made between Norsat International Inc., a company incorporated under the laws of British Columbia (“Norsat”) and Yutaka Ueda (the “Executive”).

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