0001157523-11-000824 Sample Contracts

ROYALTY AGREEMENT
Royalty Agreement • February 14th, 2011 • Advanced Photonix Inc • Semiconductors & related devices • Virginia

THIS ROYALTY AGREEMENT (“Agreement”) is among Picometrix, LLC, a Delaware limited liability company (“Company”), Advanced Photonix, Inc., a Delaware corporation (“API”), and In-Q-Tel, Inc., a Delaware corporation (“IQT”), and is dated as of November 12, 2010 (the “Effective Date”). Company, API and IQT are referred to as the “Parties.”

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SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • February 14th, 2011 • Advanced Photonix Inc • Semiconductors & related devices

This SECURITIES PURCHASE AGREEMENT (this “Agreement”) is dated as of November 4, 2010, by and between Advanced Photonix, Inc., a Delaware corporation (the “Company”), and In-Q-Tel, Inc., a Delaware corporation (“Investor”).

DEVELOPMENT AGREEMENT
Development Agreement • February 14th, 2011 • Advanced Photonix Inc • Semiconductors & related devices • Virginia

This Agreement (“Agreement”), dated as of November 12, 2010 (the “Effective Date”), is made by and among In-Q-Tel, Inc. (“IQT”), a Delaware corporation, and Advanced Photonix, Inc., a Delaware corporation, and Picometrix, LLC, a Delaware limited liability company (each and together “Developer”). IQT and Developer may each be referred to in this Agreement as a “Party” or together as the “Parties.”

PERSONAL AND CONFIDENTIAL
Advanced Photonix Inc • February 14th, 2011 • Semiconductors & related devices
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