0001104659-02-005614 Sample Contracts

SEVERANCE AGREEMENT AND GENERAL AND SPECIAL RELEASE
Severance Agreement And • November 12th, 2002 • Elgar Holdings Inc • Electronic components, nec • California

This Severance Agreement and General and Special Release (this “Agreement”), is effective as of August 26, 2002 (the “Effective Date”), by and between Elgar Electronics Corporation, a California corporation (“Employer”), and Kenneth R. Kilpatrick (“Employee”).

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EMPLOYMENT AGREEMENT
Employment Agreement • November 12th, 2002 • Elgar Holdings Inc • Electronic components, nec • Delaware

This EMPLOYMENT AGREEMENT (“Agreement”), dated as of July 17, 2002, is by and among Elgar Holdings, Inc., a Delaware corporation (“Holdings”), Elgar Electronics Corporation, a California corporation and a wholly owned subsidiary of Holdings (“EEC”), and Joseph Budano (“Executive”).

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