FORM OF INDEMNIFICATION AGREEMENTIndemnification Agreement • April 1st, 2010 • White Electronic Designs Corp • Semiconductors & related devices • Indiana
This Indemnification Agreement (“Agreement”) is made as of by and between White Electronic Designs Corporation, an Indiana corporation (the “Company”), and ___________ (“Indemnitee”).
Re: Change in Control AgreementChange in Control Agreement • April 1st, 2010 • White Electronic Designs Corp • Semiconductors & related devices • Arizona
The Board of Directors believes that it is in the best interests of White Electronic Designs Corporation (“WEDC”) to take appropriate steps to allay any concerns you may have about your future employment opportunities with WEDC and its subsidiaries (WEDC and its subsidiaries are collectively referred to as the “Company”). As a result, the Board has decided to offer to you the benefits described below. This offer supersedes any previous agreement related to a change in control or severance or other benefits related to a change in control.
WHITE ELECTRONIC DESIGNS CORPORATION SUCCESS BONUS AGREEMENTSuccess Bonus Agreement • April 1st, 2010 • White Electronic Designs Corp • Semiconductors & related devices
This Success Bonus Agreement (“Agreement”) is made as March 29, 2010 (the “Effective Date”) by and between White Electronic Designs Corporation (the “Company”) and Melvin L. Keating (“Director”).
