0001299933-07-000647 Sample Contracts

SEVERANCE AND SETTLEMENT AGREEMENT AND RELEASE
Severance and Settlement Agreement and Release • February 2nd, 2007 • Analogic Corp • Instruments for meas & testing of electricity & elec signals • Massachusetts

This Severance and Settlement Agreement and Release (the “Agreement”) is entered into by and between Analogic Corporation (the “Company”) and John W. Wood Jr. (“Mr. Wood”).

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STOCK OPTION AWARD AGREEMENT
Stock Option Award Agreement • February 2nd, 2007 • Analogic Corp • Instruments for meas & testing of electricity & elec signals

For good and valuable consideration, receipt of which is hereby acknowledged, Analogic Corporation, a Massachusetts Corporation (hereinafter called the “Company”), does hereby grant to [Name of Grantee] of [City, State, Zip] (hereinafter called the “Participant”) an option designated as an “[Incentive/Non-Qualified] Stock Option” to purchase [Amount] Shares of Common Stock pursuant to the Company’s 2007 Stock Option Plan (hereinafter called the “Plan”). A copy of the Plan is attached as Exhibit A to the Plan Prospectus annexed hereto, and is incorporated herein in its entirety by reference. All capitalized terms used but not otherwise defined herein shall have the meanings assigned to them in the Plan.

RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • February 2nd, 2007 • Analogic Corp • Instruments for meas & testing of electricity & elec signals

For good and valuable consideration, receipt of which is hereby acknowledged, Analogic Corporation, a Massachusetts Corporation (hereinafter called the “Company”), does hereby grant to [Name of Grantee] of [City, State, Zip] (hereinafter called the “Participant”) [Amount] Shares of Restricted Stock pursuant to the Company’s 2007 Restricted Stock Plan (hereinafter called the “Plan”). A copy of the Plan is attached as Exhibit A to the Plan Prospectus annexed hereto, and is incorporated herein in its entirety by reference. All capitalized terms used but not otherwise defined herein shall have the meanings assigned to them in the Plan.

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