0000950150-06-000038 Sample Contracts

Contract
Contract • September 28th, 2006 • AeroVironment Inc

CERTAIN MATERIAL (INDICATED BY AN ASTERISK) HAS BEEN OMITTED FROM THIS DOCUMENT PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

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AEROVIRONMENT, INC. DIRECTORS’ NONQUALIFIED STOCK OPTION AGREEMENT
Directors’ Nonqualified Stock Option Agreement • September 28th, 2006 • AeroVironment Inc • California

This Directors’ Nonqualified Stock Option Agreement (the “Agreement”) is made as of the ___ day of _ , 1999, by and between AeroVironment, Inc., a California corporation, with its principal office at Monrovia, California (hereinafter called the “Company”), and (hereinafter called “Optionee”).

Contract
Sublease Agreement • September 28th, 2006 • AeroVironment Inc
STANDARD CONSULTING AGREEMENT
Consulting Agreement • September 28th, 2006 • AeroVironment Inc

THIS AGREEMENT is executed and made effective as of February 1, 2004, between AeroVironment, Inc. and subsidiaries, a California corporation, with offices at 825 South Myrtle, Monrovia, California 91016 (hereinafter referred to as “AV”) and General Charles R. Holland, USAF, Retired, with offices at 107 Bayside Drive, Niceville, FL 32578, Phone 850-255-7689, Fax 850-897-7860, (hereinafter referred to as “Consultant”).

IRREVOCABLE PROXY
Irrevocable Proxy • September 28th, 2006 • AeroVironment Inc

This Irrevocable Proxy (the “Proxy”) is made by the undersigned (“Shareholder”) in connection with that certain Stock Repurchase Agreement, dated as of October 22, 1982, by and between Shareholder and AeroVironment, Inc., a California corporation (the “Company”), as amended from time to time (as amended, the “Agreement”).

VOTING AGREEMENT
Voting Agreement • September 28th, 2006 • AeroVironment Inc • California

This Voting Agreement (this “Voting Agreement”) is made as of the 29th day of July, 2004, among AeroVironment, Inc., a California corporation (the “Company”), the Shareholders, severally and not jointly, listed on Exhibit A hereto, each of which is herein referred to as an “Shareholder” and all of which are collectively referred to herein as the “Shareholders,” the Whiting Family Limited Partnership (the “Purchaser”), of which the Tim Conver (“Conver”), the Chief Executive Officer of the Company is a limited partner, and Conver.

STANDARD CONSULTING AGREEMENT
Consulting Agreement • September 28th, 2006 • AeroVironment Inc

THIS AGREEMENT is executed and made effective as of November 1, 2005, between AeroVironment, Inc. and subsidiaries, a California corporation, with offices at 825 South Myrtle, Monrovia, California 91016 (hereinafter referred to as “AV”) and General Charles R. Holland, USAF, Retired, with offices at 107 Bayside Drive, Niceville, Florida 32578, Phone 850-225-7689, Fax 850-897-7860, (hereinafter referred to as “Consultant”).

BUSINESS LOAN AGREEMENT
Business Loan Agreement • September 28th, 2006 • AeroVironment Inc • California

THIS BUSINESS LOAN AGREEMENT dated June 16, 2005, is made and executed between Aerovironment, Inc. (“Borrower”) and California Bank & Trust (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement (“Loan”). Borrower understands and agrees that: (A) in granting, renewing or extending any Loan, Lender is relying upon Borrower’s representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing or extending of any Loan by Lender at all times shall be subject to Lender’s sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.

AEROVIRONMENT, INC.
Stock Option Agreement • September 28th, 2006 • AeroVironment Inc • California

Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Stock Option Agreement.

AEROVIRONMENT, INC. NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • September 28th, 2006 • AeroVironment Inc • California

This Nonqualified Stock Option Agreement (the “Agreement”) is made as of the _______ day of , _______, by and between AeroVironment, Inc., a California corporation, with its principal office at Monrovia, California (hereinafter called the “Company”), and (hereinafter called “Optionee”).

AWARD/CONTRACT 1. THIS CONTRACT IS A RATED 4 RATING Page 1 OF 37 ORDER UNDER DPAS (15 CFR 350) D0 C-9E 2. CONTRACT (Proc. Inst. Ident.) NO. 3. EFFECTIVE DATE SEE BLOCK 20C. 4. REQUISITION/PURCHASE REQUEST/PROJECT NO. M67854-04-D-1011 5. ISSUED CODE...
Contract • September 28th, 2006 • AeroVironment Inc

All supplies deliverable under this contract shall be prepared for delivery (Preserved, Packed, Palletized, and Marked) in acordance with ASTM D 3951-90 and the contractor’s best commercial practices, so as to preclude damage during transit and ensure safe delivery.

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