0001193125-10-058296 Sample Contracts

FORM OF DIRECTOR RESTRICTED STOCK UNIT AWARD AGREEMENT KADANT INC. One Technology Park Drive Westford, MA 01886 NOTICE OF AWARD AND AWARD AGREEMENT
Restricted Stock Unit Award Agreement • March 16th, 2010 • Kadant Inc • Special industry machinery (no metalworking machinery) • Delaware

Pursuant to the terms and conditions of the company’s [plan name], you have been granted a Restricted Stock Unit/Stock Settled for [award #] units of stock as outlined below.

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AMENDMENT OF MORTGAGE AND SECURITY AGREEMENT
Mortgage and Security Agreement • March 16th, 2010 • Kadant Inc • Special industry machinery (no metalworking machinery)

THIS AMENDMENT OF MORTGAGE AND SECURITY AGREEMENT (this “Amendment”), dated as of the 3rd day of January, 2010 is made by KADANT INC., a Delaware corporation (the “Mortgagor”), successor by merger to Kadant Web Systems, Inc., a Massachusetts corporation (“KWSI”), and RBS CITIZENS, NATIONAL ASSOCIATION (the “Mortgagee”), successor by merger to Citizens Bank of Massachusetts (“Citizens”).

FORM OF PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT KADANT INC. One Technology Park Drive Westford, MA 01886 NOTICE OF AWARD AND AWARD AGREEMENT
Award and Award Agreement • March 16th, 2010 • Kadant Inc • Special industry machinery (no metalworking machinery) • Delaware

Pursuant to the terms and conditions of the company’s [plan name], you have been granted a Restricted Stock Unit/Stock Settled for [award #] units of stock as outlined below.

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