0001047469-08-013098 Sample Contracts

SETTLEMENT AGREEMENT
Settlement Agreement • December 11th, 2008 • Innovative Solutions & Support Inc • Services-computer programming services • Tennessee

This Settlement Agreement (“Agreement”) is by and between Innovative Solutions and Support, Inc. (referred to herein as “IS&S”), which is incorporated under the laws of the State of Pennsylvania, with a principal place of business at 720 Pennsylvania Drive, Exton, Pennsylvania, and Kollsman, Inc. (referred to herein as “Kollsman”), which is incorporated under the laws of Delaware, with a principal place of business at 220 Daniel Webster Highway, Merrimack, New Hampshire.

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FOURTH AMENDMENT TO REIMBURSEMENT, CREDIT AND SECURITY AGREEMENT
Credit and Security Agreement • December 11th, 2008 • Innovative Solutions & Support Inc • Services-computer programming services • Pennsylvania

THIS FOURTH AMENDMENT TO REIMBURSEMENT, CREDIT AND SECURITY AGREEMENT (this “Amendment”) is made as of this 29th day of January, 2007, by and between INNOVATIVE SOLUTIONS AND SUPPORT, LLC (the “Borrower”) and PNC BANK, NATIONAL ASSOCIATION (the “Bank”).

EMPLOYMENT AGREEMENT
Employment Agreement • December 11th, 2008 • Innovative Solutions & Support Inc • Services-computer programming services • Pennsylvania

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of the 4th day of January, 2008 (the “Effective Date”) between INNOVATIVE SOLUTIONS AND SUPPORT, INCORPORATED, a Pennsylvania corporation (the “Company”) and JOHN C. LONG, a resident of Pennsylvania (“Employee”).

EMPLOYMENT AGREEMENT
Employment Agreement • December 11th, 2008 • Innovative Solutions & Support Inc • Services-computer programming services • Pennsylvania

This Employment Agreement (this “Agreement”), signed on January , 2008 and effective as of the date hereof (the “Commencement Date”) is made by and between Innovative Solutions and Support, Inc., a Pennsylvania corporation, having its principal offices at 720 Pennsylvania Drive, Exton, PA 19341 (the “Company”), and Mr. Raymond J. Wilson (the “Executive”).

THIRD AMENDMENT TO REIMBURSEMENT, CREDIT AND SECURITY AGREEMENT AND WAIVER
Credit and Security Agreement and Waiver • December 11th, 2008 • Innovative Solutions & Support Inc • Services-computer programming services • Pennsylvania

THIS THIRD AMENDMENT TO REIMBURSEMENT, CREDIT, AND SECURITY AGREEMENT AND WAIVER (this “Amendment”) is made as of this 25th day of July, 2006, by and between INNOVATIVE SOLUTIONS AND SUPPORT, LLC (the “Borrower”) and PNC BANK, NATIONAL ASSOCIATION (the “Bank”).

FIFTH AMENDMENT TO REIMBURSEMENT, CREDIT AND SECURITY AGREEMENT
Credit and Security Agreement • December 11th, 2008 • Innovative Solutions & Support Inc • Services-computer programming services • Pennsylvania

THIS FIFTH AMENDMENT TO REIMBURSEMENT, CREDIT AND SECURITY AGREEMENT (this “Amendment”) is made as of this 10TH day of January, 2008, by and between INNOVATIVE SOLUTIONS AND SUPPORT, LLC (the “Borrower”) and PNC BANK, NATIONAL ASSOCIATION (the “Bank”).

AMENDMENT
Amendment • December 11th, 2008 • Innovative Solutions & Support Inc • Services-computer programming services • Pennsylvania

THIS AMENDMENT (this “Amendment”) is made as of this 29 day of November, 2002, by and between INNOVATIVE SOLUTIONS AND SUPPORT, LLC (the “Borrower”) and PNC BANK, NATIONAL ASSOCIATION (the “Bank”).

Amendment to Loan Documents
Loan Documents • December 11th, 2008 • Innovative Solutions & Support Inc • Services-computer programming services

THIS AMENDMENT TO LOAN DOCUMENTS (this “Amendment”) is made as of March 30, 2004, by and between INNOVATIVE SOLUTIONS AND SUPPORT, LLC (the “Borrower”), and PNC BANK, NATIONAL ASSOCIATION (the “Bank”).

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