0000950123-11-001054 Sample Contracts

AWARD AGREEMENT
Award Agreement • January 6th, 2011 • Bluephoenix Solutions LTD • Services-computer programming services

This Award Agreement (the “Agreement”) made as of the 2nd day of January, 2011 (the “Grant Date”), by and between BluePhoenix Solutions Ltd., an Israeli corporation (the “Company”) and Prescott Group Capital Management, LLC of 1924 South UTICA SUITE 1120, Tulsa, Oklahoma 74104, US (the “Grantee”).

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