0001104659-08-071174 Sample Contracts

SECOND LOAN MODIFICATION AGREEMENT (DOMESTIC LINE)
Second Loan Modification Agreement • November 17th, 2008 • American Science & Engineering Inc • X-ray apparatus & tubes & related irradiation apparatus

This Second Loan Modification Agreement (this “Loan Modification Agreement’) is entered into as of November 30, 2004, by and between SILICON VALLEY BANK, a California-chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462, doing business under the name “Silicon Valley East” (“Bank”) and AMERICAN SCIENCE AND ENGINEERING, INC, a Massachusetts corporation with its chief executive office located at 829 Middlesex Turnpike, Billerica, Massachusetts 01821 (“Borrower”).

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FOURTH LOAN MODIFICATION AGREEMENT
Fourth Loan Modification Agreement • November 17th, 2008 • American Science & Engineering Inc • X-ray apparatus & tubes & related irradiation apparatus

This Fourth Loan Modification Agreement (this “Loan Modification Agreement’) is entered into as of November 14, 2008, by and between SILICON VALLEY BANK, a California corporation with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (“Bank”) and AMERICAN SCIENCE AND ENGINEERING, INC, a Massachusetts corporation with its chief executive office located at 829 Middlesex Turnpike, Billerica, Massachusetts 01821 (“Borrower”).

THIRD LOAN MODIFICATION AGREEMENT
Third Loan Modification Agreement • November 17th, 2008 • American Science & Engineering Inc • X-ray apparatus & tubes & related irradiation apparatus

This Third Loan Modification Agreement (this “Loan Modification Agreement’) is entered into as of November 16, 2006, by and between SILICON VALLEY BANK, a California-chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (“Bank”) and AMERICAN SCIENCE AND ENGINEERING, INC, a Massachusetts corporation with its chief executive office located at 829 Middlesex Turnpike, Billerica, Massachusetts 01821 (“Borrower”).

CONSENT TO STOCK REPURCHASE PROGRAM
Stock Repurchase Program • November 17th, 2008 • American Science & Engineering Inc • X-ray apparatus & tubes & related irradiation apparatus • Massachusetts

This consent to Loan and Security Agreement (this “Consent”) is entered into this 14th day of November, 2008 by and between Silicon Valley Bank (“Bank”) and American Science and Engineering, Inc., a Massachusetts corporation (“Borrower”).

FIRST LOAN MODIFICATION AGREEMENT
First Loan Modification Agreement • November 17th, 2008 • American Science & Engineering Inc • X-ray apparatus & tubes & related irradiation apparatus

This First Loan Modification Agreement (this “Loan Modification Agreement’) is entered into as of June 30, 2004, by and between SILICON VALLEY BANK, a California-chartered bank, with its principal place of business at 3003 Tasman Drive, Santa Clara, California 95054 and with a loan production office located at One Newton Executive Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462, doing business under the name “Silicon Valley East” (“Bank”) and AMERICAN SCIENCE AND ENGINEERING, INC, a Massachusetts corporation with its chief executive office located at 829 Middlesex Turnpike, Billerica, Massachusetts 01821 (“Borrower”).

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