0001047469-03-005655 Sample Contracts

EMPLOYMENT AGREEMENT
American Science & Engineering Inc • February 14th, 2003 • X-ray apparatus & tubes & related irradiation apparatus • Massachusetts

This Agreement is made as of December 12, 2002 by and between American Science & Engineering, Inc. (the "Company"), a Massachusetts corporation having its principal place of business in Billerica, Massachusetts, and Paul Theodore Owens, (the "Executive") having his principal address at 32 Perrault Road, Needham Heights, Massachusetts.

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AMENDMENT NO. 2 TO REVOLVING LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • February 14th, 2003 • American Science & Engineering Inc • X-ray apparatus & tubes & related irradiation apparatus • New York

Amendment No. 2 ("Amendment") dated as of November 30, 2002 to Revolving Loan and Security Agreement dated as of November 30, 2000 between AMERICAN SCIENCE AND ENGINEERING, INC., a Massachusetts corporation ("Borrower") and HSBC BANK USA, a bank organized under the laws of the State of New York ("Bank").

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