0000950153-06-002137 Sample Contracts

WHITE ELECTRONIC DESIGNS CORPORATION RULE 10b5-1 STOCK PURCHASE PLAN
Rule 10b5-1 Stock Purchase Plan • August 10th, 2006 • White Electronic Designs Corp • Semiconductors & related devices

This Rule 10b5-1 Stock Purchase Plan, dated 6/21/06 (this “Plan”), is entered into by and between White Electronic Designs Corporation (the “Company”) and Needham & Company, Inc. (the “Broker”).

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June 27,2006
Loan Agreement • August 10th, 2006 • White Electronic Designs Corp • Semiconductors & related devices

Lender has extended to Borrower credit pursuant to the Loan and Security Agreement, dated January 7, 2000 (as amended from time to time, “Loan Agreement”) in the principal amount of $12,000,000.00 (the “Loan”) and evidenced by the Promissory Note, dated June 30, 2000 (“Note”). Capitalized terms used herein and not otherwise defined shall have the meanings given them in the Loan Agreement.

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