0001157523-09-002380 Sample Contracts

Mr. Michael J. Ferrantino P O Box 325 West Harwich, MA 02671 Dear Mike:
Valpey Fisher Corp • March 27th, 2009 • Measuring & controlling devices, nec

This letter will confirm the agreement between Valpey-Fisher Corporation (the “Company”) and you concerning the amendment of the letter agreement between the Company and you dated September 10, 2002 (the “Letter Agreement”).

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Mr. Michael J. Ferrantino, Jr.
Valpey Fisher Corp • March 27th, 2009 • Measuring & controlling devices, nec
Mr. Michael J. Kroll
Valpey Fisher Corp • March 27th, 2009 • Measuring & controlling devices, nec
Mr. Walt Oliwa
Valpey Fisher Corp • March 27th, 2009 • Measuring & controlling devices, nec
RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 27th, 2009 • Valpey Fisher Corp • Measuring & controlling devices, nec • Maryland

This Agreement is made as of the 19th day of December, 2002, by and between Valpey-Fisher Corporation (the “Company”) and Michael Ferrantino (the “Employee”).

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