0000950153-07-002617 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • December 13th, 2007 • White Electronic Designs Corp • Semiconductors & related devices • Arizona

This EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is made as of December 13, 2007 between White Electronic Designs Corporation, an Indiana Corporation (the “Company”) and Hamid R. Shokrgozar (“Executive”).

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FORM OF RESTRICTED STOCK UNITS AWARD AGREEMENT WHITE ELECTRONIC DESIGNS CORPORATION 1994 FLEXIBLE STOCK PLAN (Form of Time Based Award)
Restricted Stock Units Award Agreement • December 13th, 2007 • White Electronic Designs Corp • Semiconductors & related devices • Indiana

White Electronic Designs Corporation (“Company”), hereby grants to [___] (“Grantee”), a Participant in the White Electronic Designs Corporation 1994 Flexible Stock Plan (“Plan”), as amended, a Restricted Stock Units Award (“Award”) for Units (“Units”) representing shares of the Company’s Common Stock (“Stock”). The grant is made effective as of the [___] day of [___] (“Grant Date”).

FORM OF PERFORMANCE SHARE AWARD AGREEMENT WHITE ELECTRONIC DESIGNS CORPORATION 1994 FLEXIBLE STOCK PLAN (Form of Performance Based Award)
Performance Share Award Agreement • December 13th, 2007 • White Electronic Designs Corp • Semiconductors & related devices • Indiana

White Electronic Designs Corporation, a Delaware Corporation (“Company”), hereby grants to [ ] (“Grantee”), a Participant in the White Electronic Designs Corporation 1994 Flexible Stock Plan (“Plan”), as amended, a Performance Share Award (“Award”) representing shares of the Company’s Common Stock (“Stock”). The grant is made effective as of the [___] day of [ ] (“Grant Date”).

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