0000950144-05-002654 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • March 16th, 2005 • Artesyn Technologies Inc • Electronic components, nec

THIS AGREEMENT (“Agreement”) is made and entered into as of March 14, 2005 (the “Effective Date”) by and among Artesyn Technologies, Inc., a Florida corporation (hereinafter referred to as the “Company”), and the individual identified on the signature page of this Agreement (the “Employee”).

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AMENDED & RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • March 16th, 2005 • Artesyn Technologies Inc • Electronic components, nec • Florida

The parties to this Amended and Restated Employment Agreement (this “Agreement”), dated as of March 14, 2005, are Artesyn Technologies, Inc., a Florida corporation (the “Company”), and Richard J. Thompson (the “Executive”). The Company and the Executive currently are parties to an Employment Agreement dated January 1, 2000 (the “Existing Employment Agreement”). The Executive is presently the Vice President and Chief Financial Officer of the Company and the parties wish to provide for the continued employment of the Executive in such positions, from and after the date of this Agreement (the “Effective Date”), subject to the terms provided herein. The parties intend that the Existing Employment Agreement be updated by this Agreement to reflect the current employment terms and compensation arrangements between the Company and the Executive that have been adopted and approved by the Company’s Board of Directors (the “Board) (or, as applicable, the Compensation and Stock Option Committee of

AGREEMENT UNDER THE OUTSIDE DIRECTORS’ RETIREMENT PLAN
Outside Directors’ Retirement Plan Agreement • March 16th, 2005 • Artesyn Technologies Inc • Electronic components, nec • Florida

THIS AGREEMENT, made as of the ___day of March, 2005, by and between ARTESYN TECHNOLOGIES, INC., a Florida corporation, having its principal place of business located at 7900 Glades Road, Boca Raton, Florida 33434 (hereinafter referred to as the “Company”), and __________________ (the “Eligible Director”).

AMENDMENT NO. 2 TO LOAN AND SECURITY AGREEMENT AND CONSENT
Loan and Security Agreement • March 16th, 2005 • Artesyn Technologies Inc • Electronic components, nec • Georgia

THIS AMENDMENT NO. 2 TO LOAN AND SECURITY AGREEMENT AND CONSENT (this “Amendment”) is made and entered into as of August 13, 2003, by and among ARTESYN TECHNOLOGIES, INC., a Florida corporation (“Technologies”); ARTESYN NORTH AMERICA, INC., a Delaware corporation (“North America”); ARTESYN COMMUNICATION PRODUCTS, INC., a Wisconsin corporation (“Communication Products”; Technologies, North America and Communication Products are hereinafter referred to collectively as “Borrowers” and individually as a “Borrower”); ARTESYN ASSET MANAGEMENT, INC., a Delaware corporation (“AAM”); REAL-TIME DIGITAL, INC., a New Jersey corporation (“RTD”); ARTESYN DELAWARE, INC., a Delaware corporation (“ADI”); AZCORE TECHNOLOGIES, INC., a Delaware corporation (“AzCore”); ARTESYN DELAWARE, LLC, a Delaware limited liability company (“Artesyn LLC”; AAM, RTD, ADI, AzCore and Artesyn LLC are hereinafter referred to collectively as “Guarantors” and individually as a “Guarantor”); and FLEET CAPITAL CORPORATION, a R

STOCK OPTION AGREEMENT UNDER THE 1990 OUTSIDE DIRECTORS’ STOCK OPTION PLAN
Stock Option Agreement • March 16th, 2005 • Artesyn Technologies Inc • Electronic components, nec • Florida

OPTION AGREEMENT made as of the Date of Grant, as set forth on the Notice of Grant of Stock Options and Grant Agreement (the “Notice”) attached hereto, by and between ARTESYN TECHNOLOGIES, INC., a Florida corporation, having its office and principal place of business located at 7900 Glades Road, Boca Raton, Florida 33434 (hereinafter referred to as the “Company”), and the person identified in the Notice (the “Eligible Director/Optionee”).

AMENDMENT NO. 1 TO AMENDED AND RESTATED RIGHTS AGREEMENT
Rights Agreement • March 16th, 2005 • Artesyn Technologies Inc • Electronic components, nec • Florida

This Amendment No. 1 to the Amended and Restated Rights Agreement (the “Amendment”), dated as of October 22, 2004, is between Artesyn Technologies, Inc., a Florida corporation (the “Company”), and The Bank of New York, a New York banking corporation, as rights agent (the “Rights Agent”).

STOCK OPTION AGREEMENT
Stock Option Agreement • March 16th, 2005 • Artesyn Technologies Inc • Electronic components, nec • Florida

AGREEMENT made as of Date of Grant, as set forth on the Notice of Grant of Stock Options and Grant Agreement (the “Notice”) attached hereto, by and between Artesyn Technologies, Inc., a Florida corporation, having its office and principal place of business located at 7900 Glades Road, Suite 500, Boca Raton, Florida 33434 (the “Company”) and the person identified in the Notice (the “Optionee”).

SEVERANCE AGREEMENT
Severance Agreement • March 16th, 2005 • Artesyn Technologies Inc • Electronic components, nec

THIS AGREEMENT (“Agreement”) is made and entered into as of the date of authorized Artesyn signer on the signature page of this document (the “Effective Date”), by and among Artesyn Technologies, Inc., a Florida corporation (hereinafter referred to as the “Company”), and the individual identified on the signature page of this Agreement (the “Employee”).

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