0001193125-05-242302 Sample Contracts

PLANAR SYSTEMS, INC. NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • December 14th, 2005 • Planar Systems Inc • Electronic components, nec

We are pleased to inform you that pursuant to your Executive Employment Agreement dated as of September 26, 2005 with Planar Systems, Inc. (the “Company”), the Board of Directors (the “Board”) of the Company has awarded you a nonqualified stock option for the purchase of two hundred forty thousand (240,000) shares (the “Shares”) of the Company’s common stock at an exercise price of $7.85 per share.

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EXECUTIVE EMPLOYMENT AGREEMENT PLANAR SYSTEMS, INC.
Employment Agreement • December 14th, 2005 • Planar Systems Inc • Electronic components, nec • Oregon

The Company wishes to obtain the services of Executive and Executive wishes to provide his services to the Company upon the terms and conditions set out in this Agreement.

CONSULTING AGREEMENT
Consulting Agreement • December 14th, 2005 • Planar Systems Inc • Electronic components, nec

The parties to this Consulting Agreement (Agreement) are Planar Systems, Inc. (“Planar”) and Balaji Krishnamurthy (“Consultant”). Effective date is September 26, 2005.

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • December 14th, 2005 • Planar Systems Inc • Electronic components, nec

The parties to this Separation Agreement and Release (“Agreement”) dated this 26th day of September, 2005, are Planar Systems, Inc. (“Planar”), and Balaji Krishnamurthy (“Executive”).

PLANAR SYSTEMS, INC. RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • December 14th, 2005 • Planar Systems Inc • Electronic components, nec

We are pleased to inform you that pursuant to your Executive Employment Agreement dated as of September 26, 2005 (the “Employment Agreement”) with Planar Systems, Inc. (the “Company”), the Board of Directors (the “Board”) of the Company has awarded you one hundred sixty thousand (160,000) shares (the “Shares”) of the Company’s common stock. This award (the “Award”) is subject to the following terms and conditions.

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