<PAGE>   1
                                                                   Exhibit 10.24








                            ASSET PURCHASE AGREEMENT




                                 by and between

                           CALIFORNIA MICROWAVE, INC.

                                       and

                           CROWN INTERNATIONAL , INC.











<PAGE>   2

                                TABLE OF CONTENTS


<TABLE>
<CAPTION>
                                                                                           Page
                                                                                           ----
<S>                                                                                       <C>
1.      Definitions..........................................................................1

2.      Purchase and Sale of Assets..........................................................1
        (a)    Basic Transaction.............................................................1
        (b)    Purchase Price................................................................2
        (c)    The Closing...................................................................3
        (d)    Additional Payments...........................................................3
        (e)    Assumed Liabilities...........................................................5
        (f)    Excluded Liabilities..........................................................6

3.      Representations and Warranties Concerning the Transaction............................7
        (a)    Representations and Warranties of Crown.......................................7
        (b)    Representations and Warranties of CMI.........................................7

4.      Representations and Warranties Concerning Crown and Crown Satellite..................8
        (a)    Qualification.................................................................8
        (b)    Title to Assets...............................................................9
        (c)    Financial Statements..........................................................9
        (d)    Events Subsequent to Most Recent Fiscal Month End.............................9
        (e)    Undisclosed Liabilities......................................................10
        (f)    Legal Compliance.............................................................10
        (g)    Real Property................................................................10
        (h)    Intellectual Property........................................................10
        (i)    Tangible Assets; Adequacy....................................................12
        (j)    Inventory....................................................................12
        (k)    Contracts....................................................................12
        (l)    Accounts Receivable..........................................................14
        (m)    Insurance....................................................................14
        (n)    Litigation...................................................................14
        (o)    Product Warranty.............................................................14
        (p)    Product Liability............................................................14
        (q)    Employee Benefits............................................................14
        (r)    Environment, Health, and Safety Matters......................................14
        (s)    Crown Satellite Products.....................................................15
        (t)    Year 2000 Readiness Disclosure...............................................15
        (u)    Disclosure...................................................................15

5.      Post-Closing Covenants..............................................................15
</TABLE>





                                       i


<PAGE>   3


<TABLE>
<S>                                                                                        <C>
        (a)    General......................................................................15
        (b)    Litigation Support...........................................................15
        (c)    Transition...................................................................16
        (d)    Confidentiality..............................................................16
        (e)    Covenants Not to Compete.....................................................16
        (f)    Use of Business Names........................................................17
        (g)    Employees....................................................................17
        (h)    Accrued Expenses.............................................................17
        (i)    Warranty Work................................................................17

6.      Remedies for Breaches of This Agreement.............................................18
        (a)    Survival of Representations and Warranties...................................18
        (b)    Indemnification Provisions for Benefit of CMI................................18
        (c)    Indemnification Provisions for Benefit of Crown..............................18
        (d)    Matters Involving Third Parties..............................................19
        (e)    Notice.......................................................................20
        (f)    Indemnity Cap................................................................20

7.      Tax Matters.........................................................................20
        (a)    Cooperation on Tax Matters...................................................20
        (b)    Certain Taxes................................................................20
        (c)    Allocation of Purchase Price.................................................21
        (d)    Research and Development Credit..............................................21

8.      Termination.........................................................................21
        (a)    Termination of Agreement.....................................................21
        (b)    Effect of Termination........................................................21

9.      Miscellaneous.......................................................................21
        (a)    Press Releases and Public Announcements......................................21
        (b)    No Third-Party Beneficiaries.................................................22
        (c)    Entire Agreement.............................................................22
        (d)    Succession and Assignment....................................................22
        (e)    Sale of Assets...............................................................22
        (f)    Counterparts.................................................................22
        (g)    Headings.....................................................................22
        (h)    Notices......................................................................22
        (i)    Governing Law................................................................23
        (j)    Amendments and Waivers.......................................................23
        (k)    Severability.................................................................24
        (l)    Expenses.....................................................................24
        (m)    Construction.................................................................24
        (n)    Incorporation of Exhibits, Annexes, and Schedules............................24
10.     Definitions.........................................................................24
</TABLE>




                                       ii

<PAGE>   4

EXHIBITS, ANNEXES, SCHEDULE:

Exhibit A             Fixed Assets, Intellectual Property and Assumed Contracts

Exhibit B             Final Statement

Exhibit C             Inventory

Exhibit D             Historical Financial Statements

Exhibit E             Certain Employees




Annex I               Exceptions to Crown's Representations and Warranties
                      Concerning the Transaction

Annex II              Exceptions to CMI's Representations and Warranties
                      Concerning the Transaction

Disclosure Schedule   Exceptions to Representations and Warranties





                                      iii

<PAGE>   5

                            ASSET PURCHASE AGREEMENT



        THIS AGREEMENT ("Agreement") is entered into as of November 19, 1998, by
and between CALIFORNIA MICROWAVE, INC., a Delaware corporation ("CMI"), and
CROWN INTERNATIONAL, INC., an Indiana corporation ("Crown"). CMI and Crown are
sometimes referred to individually as a "Party" and, collectively, as the
"Parties".

                                R E C I T A L S:

        Crown owns all of the Assets of its Crown Satellite business division
("Crown Satellite").

        This Agreement contemplates a transaction in which CMI will purchase
from Crown, and Crown will sell to CMI, all of the Assets in return for cash.
The Parties expect that the purchase will further certain of their business
objectives, including, without limitation, CMI's development, marketing and sale
of audio, data, data/ethernet broadcast and other products and services
throughout the world.

                              P R O V I S I O N S:

        NOW, THEREFORE, in consideration of the premises and the mutual promises
herein made, and in consideration of the representations, warranties, and
covenants herein contained, the Parties agree as follows.

1.      DEFINITIONS.

        All capitalized terms will have the meaning ascribed to them in Section
12 of this Agreement.

2.      PURCHASE AND SALE OF ASSETS.

        (a) BASIC TRANSACTION. On and subject to the terms and conditions of
this Agreement, CMI agrees to purchase from Crown, and Crown agrees to sell to
CMI, all of the Assets for the consideration specified below in this Section 2.
The "Assets" shall include the following personal property, assets and rights,
tangible and intangible (including goodwill), whether accrued, contingent or
otherwise and whether now existing or hereafter acquired that relate primarily
to or are used in the business conducted by Crown through Crown's Satellite
business division, other than the Excluded Assets, and including without
limitation:

               (i) the Fixed Assets, Intellectual Property and Assumed Contracts
        listed on Exhibit A;



<PAGE>   6

               (ii) all trade accounts receivable, and rights to receive
        payments, and the benefit of security therefor reflected on the listing
        of net assets of Crown Satellite as of November 13, 1998 (the "Final
        Statement"), attached as Exhibit B;

               (iii) all inventories of raw material, work in process, finished
        products, goods, spare parts, replacement and component parts and office
        and other supplies (whether on hand, in transit or on order) reflected
        on Exhibit C (the "Inventories");

               (iv) all of the other assets that are reflected in the Final
        Statement, including credits, prepaid expenses, deferred charges,
        advance payments, security deposits and prepaid items;

               (v) all of the Books and Records;

               (vi) all rights under express or implied warranties from
        suppliers;

               (vii) to the extent their transfer is permitted by law, all
        Government Approvals, including all applications therefor;

               (viii) all rights to causes of action, lawsuits, claims and
        demands of any nature available to or being pursued by Crown or Crown
        Satellite with respect to the Assets;

               (ix) all guarantees, warranties, indemnities and similar rights;

               (x) all computer hardware and software, including all rights
        under licenses and other instruments or agreements relating thereto;

               (xi) all of the Specific Assets set forth on Exhibit A, attached
        hereto.

Notwithstanding anything in the foregoing to the contrary, Crown will retain and
not transfer, and CMI will not acquire the following (collectively, the
"Excluded Assets").

               (i)     Any interest in or right to acquire real property;

               (ii)    The corporate minutes books or stock transfer records of
                       Crown or any subsidiary; 

               (iii)   Any insurance policy;

               (iv)    Any asset of Crown that relates primarily to the general
                       corporate business or the business of any division of
                       Crown other than Crown Satellite; 

               (v)     The names and marks "Crown International" and "Crown
                       Satellite"; 

               (vi)    Any right to or interest in any tax refund;

               (vii)   Rights in computer software installed on Crown's computer
                       network that is not used exclusively by Crown Satellite
                       personnel.

        (b) PURCHASE PRICE. CMI agrees to pay to Crown at the Closing
$7,500,000.00 (the "Purchase Price") by delivery of cash by wire transfer or
other immediately available funds.



                                       2
<PAGE>   7

        (c) THE CLOSING. The closing of the transactions contemplated by this
Agreement (the "Closing") shall take place at the offices of CMI in Tempe,
Arizona, immediately upon execution of this Agreement or on such other date as
CMI and Crown may mutually determine (the "Closing Date"). At the Closing, Crown
will transfer the Assets to CMI free and clear of all Security Interests, by
means of appropriate bills of sale, assignments, and other transfer documents.
CMI will pay the Purchase Price to Crown. In addition, the Parties shall execute
and deliver, each to the other, as appropriate:

               (i)     Management and Manufacturing Services Agreement 

               (ii)    Lease Agreement

               (iii)   Employee Lease Agreement (Daniel Enns) 

               (iv)    Bill of Sale 

               (v)     Instrument of Assumption

               (vi)    Trademark Assignment in recordable form 

               (vii)   Patent Assignment in recordable form 

               (viii)  Officer's Certificates certifying corporate authority for
                       this transaction (both parties)

               (ix)    Incumbency Certificates (both parties)

        (d) ADDITIONAL PAYMENTS.

               (i) CMI shall also pay Crown, as additional consideration for the
        Assets, 18% of the Gross Margin (defined in Section 2(d)(iv) below)
        Earned (as defined in Section 2(d)(v) below) by CMI from the Crown
        Satellite Products or Crown Satellite Technology during the period
        beginning January 1, 1999 and ending December 31, 2001, less the portion
        thereof, if any (not more than 1.8% of Gross Margin) actually paid (net
        of tax withholding requirements) to participants in the Transition Bonus
        Plan For Management Employees of the Crown Satellite Division of Crown
        International, Inc. (the "Crown Satellite Bonus Plan").

               (ii) "Crown Satellite Products" means the following current
        products of Crown Satellite (by whatever name they may in the future be
        designated), together with all optional features and configurations: (1)
        DTMX1000 Data Multiplexer, (2) DTMX1000E Data Multiplexer, (3) DTAB1000
        Audio Multiplexer, (4) DT5001P Gateway, (5) the software modules for
        network management and control associated with (1) through (4), (6)
        DR500 integrated receiver decoded ("IRD"), (7) DR1000 IRD, (8) DR1000E
        IRD, (9) DR2000 IRD, (10) the software modules for network management
        and control associated with (6) through (9), and direct successor
        products of (1) through (10).

               (iii) "Crown Satellite Technology" means any right or interest in
        the patents or patent applications included in the Assets or in any
        copyright respecting the software described in part (5) or (10) of the
        definition of Crown Satellite Products.




                                       3
<PAGE>   8

               (iv) For purposes of this Section 2(d), "Gross Margin" means the
        total revenue from product sales, royalties from third parties (net of
        any direct costs of development of the related Crown Satellite
        Technology), fees or other proceeds of sales, licensure or lease of
        Crown Satellite Products or Crown Satellite Technology (including any
        sale of any significant portion of the assets of the Crown Satellite
        business (regardless how such business may then be designated)) less any
        accounts receivable reserves specifically offsetting that revenue, less
        the cost of goods sold (which includes labor, materials, warranty
        reserve, inventory reserve, manufacturing variances and factory
        overhead) less any costs properly accrued for commissions to outside
        sales agents or representatives, all as recorded on the books and
        records of CMI in accordance with GAAP, pursuant to the standard
        prevailing accounting practices of CMI as determined by CMI's board of
        directors and chief financial officer, and only as such is applicable to
        the proper full cost accounting related to Crown Satellite Products.

               (v) For purposes of this Section 2(d) Gross Margin will have been
        "Earned" by CMI when recorded on the books and records of CMI as Gross
        Margin. CMI shall duly record all components of Gross Margin on its
        books and records in a accordance with GAAP and in a manner consistent
        with CMI's standard prevailing practice.

               (vi) On or before the 45th day after each calendar quarter
        through 2001, CMI shall deliver to Crown the following information
        certified by CMI's Chief Financial Officer: a financial statement
        showing its calculation of Gross Margin for such period setting forth
        all revenue itemized by product or source and applicable expenses
        itemized in reasonable detail; identification of each Crown Satellite
        Product then marketed or proposed to be marketed by CMI; information in
        reasonable detail, including financial terms, of any license, lease or
        sale of Crown Satellite Technology or other assets of the Crown
        Satellite business; and the calculation of the portion of Gross Margin
        otherwise payable to Crown that would (at the time of such certificate)
        be payable to each participant in the Crown Satellite Bonus Plan if
        payment were to be made to such participants on the date of such
        Certificate.

               (vii) For a period of 30 days after delivery of each certificate
        and related information described in the preceding paragraph following
        December 31, 1999, 2000 and 2001, CMI shall make its personnel available
        to Crown's independent auditors and provide to such auditors access to
        its books and records, as shall be necessary (at Crown's expense) to
        verify the Gross Margin and other information provided by CMI under the
        preceding paragraph.

               (viii) The payments, if any, to be made by CMI under this Section
        2(d) will be payable annually on the forty-fifth (45th) day following
        the end of each calendar year (commencing February 14, 2000 for the
        calendar year 1999) by the delivery of cash by wire transfer or other
        immediately available funds.



                                       4

<PAGE>   9

               (ix) CMI shall assume Crown's payment obligations under the Crown
        Satellite Bonus Plan. In accordance with Section 2(d)(i), the payments
        due Crown shall be reduced in the amount of payments (not more than 1.8%
        of Gross Margin) actually made (net of tax withholding requirements) by
        CMI to participants in the Crown Satellite Bonus Plan. CMI and Crown
        acknowledge that no payment shall be made under such plan to any person
        who is not actively employed in the Crown Satellite business (regardless
        how such business may then be designated) at the end of the period for
        which payment is due. Any amount or payment otherwise payable under such
        plan that is not duly paid to the participants in the Plan shall revert
        and inure to Crown and shall be timely paid to Crown in accordance with
        Section 2(d)(viii). Neither the Crown Satellite Bonus Plan nor any
        Participation Agreement thereunder shall be amended, nor shall any
        Participant be added or new Participation Agreement be entered into,
        under such plan without Crown's prior written consent.

               (x) On or before delivery of each payment required by subsection
        (viii), above, CMI shall cause its independent auditors ("Auditors") to
        review the results of operations of Crown Satellite during the preceding
        calendar year, the related certificates provided by CMI under Section
        2(d)(vi) above and such other information as the Auditors deem relevant
        and to prepare and deliver to both Parties a certificate stating that in
        the course of such review nothing has come to its attention to indicate
        that Gross Margin was not accurately determined in accordance with this
        Agreement or that any expenses or charges deducted from revenue were not
        allocated to Crown Satellite in a manner consistent with the standard
        prevailing practice of CMI and GAAP or, if applicable, noting any
        exception to the foregoing statement. In the event that the Auditors
        take an exception to the foregoing statement in the certificate, the
        payments due Crown shall be adjusted accordingly. Crown shall pay the
        Auditors' fee for their services under this subsection, unless an
        Auditors' certificate notes a material exception, in which event the
        fees related to obtaining such certificate shall be borne by CMI.

        (e) ASSUMED LIABILITIES. CMI shall assume and agree to pay and perform
when lawfully due or required only the following debts, claims, commitments,
liabilities or obligations of Crown (collectively, "Assumed Liabilities"):

               (i)     The liabilities and obligations to be performed from and
                       after the Closing Date under the Assumed Contracts;

               (ii)    Liabilities and obligations to be performed after the
                       Closing Date in respect of any Government Approvals
                       included in the Assets;

               (iii)   Warranty obligations in respect of Crown Satellite
                       Products sold prior to the Closing Date to the extent of
                       the warranty reserve reflected on the Final Statement;

               (iv)    Obligations to Crown Satellite employees employed after
                       the Closing by CMI under the Crown Satellite Bonus Plan;
                       and




                                       5
<PAGE>   10

               (v)     The following liabilities and obligations, but only to
                       the extent reflected on the Final Statement: trade
                       accounts payable, accrued payables, open purchase orders,
                       goods received not invoiced, payroll (including required
                       401(k) plan contributions) and related taxes, vacation
                       and sick pay, sales and use taxes, royalties, warranty
                       reserve.

        (f) EXCLUDED LIABILITIES. Other than the Assumed Liabilities, CMI shall
not assume or in any way be responsible for the debts, claims, commitments,
liabilities or obligations of Crown of any kind whatsoever (collectively, the
"Excluded Liabilities"). Without limiting the foregoing, Excluded Liabilities
will include:

               (i) the sponsorship, administration, or contribution obligation
        of any entity under any Employee Benefit Plan or termination of any
        Employee Benefit Plan on or prior to the Closing Date (other than the
        Crown Satellite Bonus Plan, accrued payroll, 401(k) contributions and
        taxes, vacation, sick pay and related taxes reflected on the Final
        Statement).

               (ii) the termination of employment of any employee of Crown or
        Crown Satellite;

               (iii) any cause of action or judicial or administrative action,
        suit, proceeding or investigation relating to periods prior to the
        Closing Date;

               (iv) any failure or alleged failure to comply with, or any
        violation of any law rule, regulation, statute, ordinance, permit,
        judgment, injunction, order, decree, license or other government
        approval, which failure or violation occurred or is alleged to have
        occurred prior to the Closing Date;

               (v) any infringement or alleged infringement of the rights of any
        other person or entity arising out of the use of any Intellectual
        Property prior to the Closing Date;

               (vi) any liability for any Tax arising on or before the Closing
        Date;

               (vii) any liability arising from any violation or alleged
        violation of any Environmental, Health, and Safety Requirements;

               (viii) all obligations under all retention agreements, severance
        agreements, change of control agreements and similar arrangements (other
        than Participation Agreements under the Crown Satellite Bonus Plan); and

               (ix) any claim, litigation, action or proceeding, whether or not
        now pending or threatened, relating to Crown Satellite or the Assets to
        the extent arising out of or based upon product liability with respect
        to products shipped or sold prior to the Closing.




                                       6

<PAGE>   11

3.      REPRESENTATIONS AND WARRANTIES CONCERNING THE TRANSACTION.

        (a) REPRESENTATIONS AND WARRANTIES OF CROWN. Crown represents and
warrants to CMI that the statements contained in this Section 3(a) are correct
and complete as of the date of this Agreement and will be correct and complete
as of the Closing Date (as though made then and as though the Closing Date were
substituted for the date of this Agreement throughout this Section 3(a)) with
respect to itself, except as set forth in Annex I attached hereto.

               (i) Organization of Crown. Crown is duly organized and validly
        existing under the laws of the jurisdiction of its incorporation.

               (ii) Authorization of Transaction. Crown has full power and
        authority (including full corporate power and authority) to execute and
        deliver this Agreement and to perform its obligations hereunder. This
        Agreement constitutes the valid and legally binding obligation of Crown
        enforceable in accordance with its terms and conditions. Crown need not
        give any notice to, make any filing with, or obtain any authorization,
        consent, or approval of any government or governmental agency in order
        to consummate the transactions contemplated by this Agreement.

               (iii) Noncontravention. Neither the execution and the delivery of
        this Agreement, nor the consummation of the transactions contemplated
        hereby, will (A) violate any constitution, statute, regulation, rule,
        injunction, judgment, order, decree, ruling, charge, or other
        restriction of any government, governmental agency, or court to which
        Crown is subject or any provision of its charter or bylaws; or (B)
        violate, result in a breach of, constitute a default under, result in
        the acceleration of, create in any party the right to accelerate,
        terminate, modify, or cancel, or require any notice under any agreement,
        contract, lease, license, instrument, or other arrangement to which
        Crown is a party or by which it is bound or to which any of its assets
        is subject.

               (iv) Brokers' Fees. Crown has no liability or obligation to pay
        any fees or commissions to any broker, finder, or agent with respect to
        the transactions contemplated by this Agreement for which CMI could
        become liable or obligated.

        (b) REPRESENTATIONS AND WARRANTIES OF CMI. CMI represents and warrants
to Crown that the statements contained in this Section 3(b) are correct and
complete as of the date of this Agreement and will be correct and complete as of
the Closing Date (as though made then and as though the Closing Date were
substituted for the date of this Agreement throughout this Section 3(b)), except
as set forth in Annex II attached hereto.

               (i) Organization of CMI. CMI is a corporation duly organized,
        validly existing, and in good standing under the laws of the
        jurisdiction of its incorporation.




                                       7

<PAGE>   12

               (ii) Authorization of Transaction. CMI has full power and
        authority (including full corporate power and authority) to execute and
        deliver this Agreement and to perform its obligations hereunder. This
        Agreement constitutes the valid and legally binding obligation of CMI,
        enforceable in accordance with its terms and conditions. CMI need not
        give any notice to, make any filing with, or obtain any authorization,
        consent, or approval of any government or governmental agency in order
        to consummate the transactions contemplated by this Agreement.

               (iii) Noncontravention. Neither the execution and the delivery of
        this Agreement, nor the consummation of the transactions contemplated
        hereby, will (A) violate any constitution, statute, regulation, rule,
        injunction, judgment, order, decree, ruling, charge, or other
        restriction of any government, governmental agency, or court to which
        CMI is subject or any provision of its charter or bylaws or (B) violate,
        result in a breach of, constitute a default under, result in the
        acceleration of, create in any party the right to accelerate, terminate,
        modify, or cancel, or require any notice under any agreement, contract,
        lease, license, instrument, or other arrangement to which CMI is a party
        or by which it is bound or to which any of its assets is subject.

               (iv) Brokers' Fees. CMI has no liability or obligation to pay any
        fees or commissions to any broker, finder, or agent with respect to the
        transactions contemplated by this Agreement for which Crown could become
        liable or obligated.

4.      REPRESENTATIONS AND WARRANTIES CONCERNING CROWN AND CROWN SATELLITE.
Crown represents and warrants to CMI that the statements contained in this
Section 4 are correct and complete as of the date of this Agreement and will be
correct and complete as of the Closing Date (as though made then and as though
the Closing Date were substituted for the date of this Agreement throughout this
Section 4), except as set forth in the disclosure schedule delivered by Crown to
CMI on the date hereof and initialed by the Parties (the "Disclosure Schedule").
Nothing in the Disclosure Schedule shall be deemed adequate to disclose an
exception to a representation or warranty made herein, however, unless the
Disclosure Schedule identifies the exception with particularity and describes
the relevant facts in detail. Without limiting the generality of the foregoing,
the mere listing (or inclusion of a copy) of any document or other item shall
not be deemed adequate to disclose an exception to a representation or warranty
made herein. The Disclosure Schedule will be arranged in paragraphs
corresponding to the lettered and numbered paragraphs contained in this Section
4.

        (a) QUALIFICATION. Crown is duly authorized to conduct business and is
in good standing under the laws of each jurisdiction where the operation of
Crown Satellite causes such qualification to be required. Crown has full power
and authority and all licenses, permits and authorizations necessary to carry on
the business of Crown Satellite and to own the Assets.

        (b) TITLE TO ASSETS. Crown has good and marketable title to, or a valid
and defensible leasehold interest or license in, the Assets.



                                       8

<PAGE>   13


        (c) FINANCIAL STATEMENTS. Attached hereto as Exhibit D are the following
financial statements (collectively and together with the Final Statement, the
"Financial Statements"): (i) unaudited statements of profit and loss for Crown
Satellite for the fiscal years ended December 28, 1996 and December 27,
1997,(the "Most Recent Fiscal Year End") and for the nine months ended September
26, 1998 (the "Most Recent Fiscal Month End"), and (ii) the unaudited listing of
net assets of Crown Satellite as of September 26, 1998 ("Most Recent Net Asset
Statement"). Such statements of profit and loss (including the notes thereto)
have been prepared in accordance with GAAP applied on a consistent basis
throughout the periods covered thereby and present fairly the results of
operations of Crown Satellite for such periods.

        (d) EVENTS SUBSEQUENT TO MOST RECENT FISCAL MONTH END. Since the Most
Recent Fiscal Month End, there has not been any material adverse change in the
business, financial condition, operations, results of operations, or future
prospects of Crown Satellite taken as a whole. Without limiting the generality
of the foregoing, since that date in its operation of Crown Satellite, Crown has
not:

               (i) sold, leased, transferred, or assigned any Assets, tangible
        or intangible, outside the Ordinary Course of Business;

               (ii) entered into any agreement, contract, lease, or license (or
        series of related agreements, contracts, leases, or licenses) either
        involving more than $50,000 or outside the Ordinary Course of Business;

               (iii) accelerated, terminated, made modifications to, or canceled
        any Contract;

               (iv) imposed any Security Interest upon any of the Assets,
        tangible or intangible;

               (v) made any capital expenditures outside the Ordinary Course of
        Business;

               (vi) made any capital investment in, or any loan to, any other
        Person outside the Ordinary Course of Business;

               (vii) created, incurred, assumed, or guaranteed any indebtedness
        for borrowed money and capitalized lease obligations;

               (viii) granted any license or sublicense of any rights under or
        with respect to any Intellectual Property;

               (ix) experienced any material damage, destruction, or loss
        (whether or not covered by insurance) to its property;




                                       9
<PAGE>   14

               (x) has not made any loan to, or entered into any other
        transaction with any of the officers or employees of Crown Satellite;

               (xi) entered into any employment contract or collective
        bargaining agreement, written or oral, or modified the terms of any
        existing such contract or agreement with any of the officers or
        employees of Crown Satellite;

               (xii) granted any increase in the base compensation of any of the
        officers or employees of Crown Satellite outside the Ordinary Course of
        Business;

               (xiii) adopted, amended, modified, or terminated any bonus,
        profit-sharing, incentive, severance, or other plan, contract, or
        commitment for the benefit of any of the officers or employees of Crown
        Satellite;

               (xiv) made any other change in employment terms for any of the
        officers or employees of Crown Satellite outside the Ordinary Course of
        Business.

               (xv) committed to any of the foregoing.

        (e) UNDISCLOSED LIABILITIES. Crown has no liability (whether known or
unknown, whether asserted or unasserted, whether absolute or contingent, whether
accrued or unaccrued, whether liquidated or unliquidated, and whether due or to
become due, including any liability for taxes) required by GAAP to be shown on a
balance sheet of Crown Satellite in accordance with Crown's past practice,
except for (i) liabilities set forth on the face of the Most Recent Net Asset
Statement or Final Statement (rather than in any notes thereto) and (ii)
liabilities which have arisen after the Most Recent Fiscal Month End in the
Ordinary Course of Business.

        (f) LEGAL COMPLIANCE. In its operation of Crown Satellite, Crown has
complied with all applicable laws (including rules, regulations, codes, plans,
injunctions, judgments, orders, decrees, rulings, and charges thereunder) of
federal, state, local, and foreign governments (and all agencies thereof), and
no action, suit, proceeding, hearing, investigation, charge, complaint, claim,
demand, or notice has been filed or commenced alleging any failure so to comply.

        (g) REAL PROPERTY. The Assets do not include any interest in real
property nor any options, purchase rights, or other contracts or commitments
that could permit the holder thereof to acquire title to real property.

        (h) INTELLECTUAL PROPERTY.

               (i) Crown owns or has the right to use pursuant to license,
        sublicense, agreement, or permission all Intellectual Property necessary
        or desirable for the operation of the business of Crown Satellite as
        presently conducted and as presently proposed to be conducted. Each item
        of Intellectual Property owned or used in the operation of Crown
        Satellite immediately



                                       10
<PAGE>   15


        prior to the Closing will be owned or available for use by CMI on
        identical terms and conditions immediately subsequent to the Closing.

               (ii) In the operation of Crown Satellite, Crown has not
        interfered with, infringed upon, misappropriated, or violated any
        Intellectual Property rights of third parties, and none of Crown, or its
        directors and officers has ever received any charge, complaint, claim,
        demand, or notice alleging any such interference, infringement,
        misappropriation, or violation (including any claim that Crown must
        license or refrain from using any Intellectual Property rights of any
        third party). To the Knowledge of Crown, no third party has interfered
        with, infringed upon, misappropriated, or violated any Intellectual
        Property rights included among the Assets.

               (iii) Section 4(h)(iii) of the Disclosure Schedule identifies
        each patent or registration which has been issued to Crown with respect
        to any of the Intellectual Property of Crown Satellite, identifies each
        pending patent application or application for registration which Crown
        has made with respect to any of the Intellectual Property of Crown
        Satellite, and identifies each license, agreement, or other permission
        (other than non-disclosure agreements entered into in connection with
        the proposed sale of Crown Satellite, none of which purports to convey
        any interest in the Crown Satellite Technology) which Crown has granted
        to any third party with respect to any of the Intellectual Property of
        Crown Satellite (together with any exceptions). Crown has delivered to
        CMI correct and complete copies of all such patents, registrations,
        applications, licenses, agreements, and permissions (as amended to
        date). Section 4(h)(iii) of the Disclosure Schedule also identifies each
        trade name or unregistered trademark used by Crown in connection with
        the business of Crown Satellite. With respect to each item of
        Intellectual Property required to be identified in Section 4(h)(iii) of
        the Disclosure Schedule:

                      (A) Crown possesses all right, title, and interest in and
               to the item, free and clear of any Security Interest, license, or
               other restriction;

                      (B) the item is not subject to any outstanding injunction,
               judgment, order, decree, ruling, or charge;

                      (C) no action, suit, proceeding, hearing, investigation,
               charge, complaint, claim, or demand is pending or, to Crown's
               Knowledge, threatened which challenges the legality, validity,
               enforceability, use, or ownership of the item; and

                      (D) Crown has not agreed to indemnify any Person for or
               against any interference, infringement, misappropriation, or
               other conflict with respect to the item.

               (iv) Section 4(h)(iv) of the Disclosure Schedule identifies each
        item of Intellectual Property that any third party owns and that Crown
        uses in the operation of Crown Satellite



                                       11
<PAGE>   16


        pursuant to license, sublicense, agreement, or permission. Crown has
        delivered to CMI correct and complete copies of all such licenses,
        sublicenses, agreements, and permissions (as amended to date). With
        respect to each item of Intellectual Property required to be identified
        in Section 4(h)(iv) of the Disclosure Schedule:

                      (A) the license, sublicense, agreement, or permission
               covering the item is legal, valid, binding, enforceable, and in
               full force and effect;

                      (B) no party to the license, sublicense, agreement, or
               permission is in breach or default, and no event has occurred
               which with notice or lapse of time would constitute a breach or
               default or permit termination, modification, or acceleration
               thereunder;

                      (C) no party to the license, sublicense, agreement, or
               permission has repudiated any provision thereof;

                      (D) no action, suit, proceeding, hearing, investigation,
               charge, complaint, claim or demand is pending or, to Crown's
               Knowledge, threatened which challenges the legality, validity, or
               enforceability of the underlying item of Intellectual Property;
               and

                      (E) Crown has not granted any sublicense or similar right
               with respect to the license, sublicense, agreement, or
               permission.

        (i) TANGIBLE ASSETS; ADEQUACY. The machinery, equipment, and other
tangible assets that Crown owns and leases and uses in the operation of Crown
Satellite are free from material defects (patent and latent), have been
maintained in accordance with normal industry practice, and are in good
operating condition and repair (subject to normal wear and tear). The Assets
collectively, taken together with the facilities and services to be provided by
Crown under the documents listed in Section 2(c), comprise all the assets that
are necessary to the continued operation of Crown Satellite in the manner that
it has heretofore been operated by Crown.

        (j) INVENTORY. The inventory of Crown Satellite consists of open
purchase orders, raw materials and supplies, manufactured and processed parts,
work in process, and finished goods, all of which is merchantable and fit for
the purpose for which it was procured or manufactured, and none of which is
slow-moving, obsolete, damaged, or defective, subject only to the reserve for
inventory set forth on the face of the Final Statement (rather than in any notes
thereto) as adjusted for operations and transactions through the Closing Date in
accordance with the past custom and practice of Crown and Crown Satellite.

        (k) CONTRACTS. Exhibit A or Section 4(k) of the Disclosure Schedule
lists the following contracts and other agreements to which Crown is a party in
connection with the operation of Crown Satellite (the "Contracts"):




                                       12
<PAGE>   17

               (i) any agreement (or group of related agreements) for the lease
        of personal property to or from any Person providing for lease payments
        in excess of $5,000 per annum or outside the Ordinary Course of
        Business;

               (ii) any agreement (or group of related agreements) for the
        purchase or sale of raw materials, commodities, supplies, products, or
        other personal property, or for the furnishing or receipt of services,
        the performance of which will extend over a period of more than one year
        or involve consideration in excess of $50,000;

               (iii) any agreement concerning a partnership or joint venture;

               (iv) any agreement (or group of related agreements) under which
        it has imposed a Security Interest on any of the Assets, tangible or
        intangible;

               (v) any agreement concerning confidentiality or noncompetition,
        except for nondisclosure agreements entered into in connection with the
        proposed sale of Crown Satellite.

               (vi)   any agreement with Crown's Affiliates;

               (vii) any profit sharing, stock option, stock purchase, stock
        appreciation, deferred compensation, severance, or other plan or
        arrangement for the benefit of the employees of Crown Satellite;

               (viii) any collective bargaining agreement covering any employee
        of Crown Satellite;

               (ix) any agreement for the employment of any individual in the
        operation of Crown Satellite on a full-time, part-time, consulting, or
        other basis;

               (x) any agreement under which it has advanced or loaned any
        amount to any of the employees of Crown Satellite outside the Ordinary
        Course of Business;

               (xi) any agreement under which the consequences of a default or
        termination could have a material adverse effect on the business,
        financial condition, operations, results of operations, or future
        prospects of Crown Satellite; or

               (xii) any other agreement (or group of related agreements) the
        performance of which involves consideration in excess of $50,000.

Crown has delivered to CMI a correct and complete copy of each Assumed Contract
listed in Section 4(k) of the Disclosure Schedule (as amended to date) and a
written summary setting forth the material terms and conditions of each oral
Assumed Contract referred to in Section 4(k) of the



                                       13
<PAGE>   18


Disclosure Schedule. With respect to each such Assumed Contract: (A) the
agreement is legal, valid, binding, enforceable, and in full force and effect;
(B) to Crown's Knowledge, no party is in breach or default, and no event has
occurred which with notice or lapse of time would constitute a breach or
default, or permit termination, modification, or acceleration, under the
agreement; (C) no party has repudiated any provision of the agreement; and (D)
Crown has not granted to any distributor, representative, employee or agent any
exclusive rights with respect to the marketing or sale of any products or
services which Crown Satellite offers, or proposes to offer, as of the Closing
Date.

        (l) ACCOUNTS RECEIVABLE. All accounts receivable outstanding in the
operation of Crown Satellite are reflected properly on its books and records and
are valid receivables subject to no setoffs or counterclaims. The reserve for
bad debts set forth on the face of the Final Statement (rather than in any notes
thereto), as adjusted for operations and transactions through the Closing Date,
has been established in accordance with the past custom and practice of Crown
Satellite.

        (m) INSURANCE. Crown maintains property, casualty, liability and
workers' compensation insurance coverage of Crown Satellite's assets and
operations in reasonable and customary amounts with reputable carriers.

        (n) LITIGATION. Section 4(n) of the Disclosure Schedule sets forth each
instance in which Crown, in connection with the operation of Crown Satellite (i)
is subject to any outstanding injunction, judgment, order, decree, ruling, or
charge or (ii) is a party or, to Crown's Knowledge, is or may be threatened to
be made a party to any action, suit, proceeding, hearing, or investigation of,
in, or before any court or quasi-judicial or administrative agency of any
federal, state, local, or foreign jurisdiction or before any arbitrator.

        (o) PRODUCT WARRANTY. Substantially all of the products manufactured,
sold, leased, and delivered by Crown Satellite have conformed with all
applicable contractual commitments and all express and implied warranties.
Substantially all of the products manufactured, sold, leased, and delivered by
Crown Satellite are subject to standard terms and conditions of sale or lease.
Section 4(o) of the Disclosure Schedule includes copies of the standard terms
and conditions of sale or lease for Crown Satellite Products (containing
applicable guaranty, warranty, and indemnity provisions).

        (p) PRODUCT LIABILITY. Crown has no liability (whether known or unknown,
whether asserted or unasserted, whether absolute or contingent, whether accrued
or unaccrued, whether liquidated or unliquidated, and whether due or to become
due) arising out of any injury to individuals or property as a result of the
ownership, possession, or use of any product manufactured, sold, leased, or
delivered by Crown Satellite.

        (q) EMPLOYEE BENEFITS. Section 4(q) of the Disclosure Schedule lists
each Employee Benefit Plan that Crown maintains or to which Crown contributes or
has any obligation to contribute and in which any Crown Satellite employee
participates.




                                       14
<PAGE>   19

        (r) ENVIRONMENT, HEALTH, AND SAFETY MATTERS. Neither this Agreement nor
the consummation of the transaction that is the subject of this Agreement will
result in any obligations for site investigation or cleanup, or notification to
or consent of government agencies or third parties, pursuant to any of the
so-called "transaction-triggered" or "responsible property transfer"
Environmental, Health, and Safety Requirements.

        (s) CROWN SATELLITE PRODUCTS. Crown has given CMI complete access to all
information related to the Crown Satellite Products (including all information
concerning design, manufacture, marketing, sale, use, and repair), and to the
best of its Knowledge has disclosed to CMI with particularity all material
aspects of those products, their design, manufacture, markets, sale, use, and
repair. To the best of its Knowledge, the Crown Satellite Products and their
underlying software code are merchantable and fit for the purpose for which they
were designed (which purpose has been disclosed to CMI).

        (t) YEAR 2000 READINESS DISCLOSURE. Crown has taken such steps as are
reasonably necessary to provide for the Year 2000 Compliant status of the Crown
Satellite Products listed in parts (1) through (10) of the definition thereof.

        (u) DISCLOSURE. The representations and warranties contained in this
Section 4 do not contain any untrue statement of a material fact or omit to
state any material fact necessary in order to make the statements and
information contained in this Section 4 not misleading.

5.      POST-CLOSING COVENANTS. The Parties agree as follows with respect to the
period following the Closing.

        (a) GENERAL. In case at any time after the Closing any further action is
necessary to carry out the purposes of this Agreement, each of the Parties will
take such further action (including the execution and delivery of such further
instruments and documents) as any other Party reasonably may request, all at the
sole cost and expense of the requesting Party (unless the requesting Party is
entitled to indemnification therefor under Section 6 below). Crown acknowledges
and agrees that from and after the Closing CMI will be entitled to possession of
all documents, Books and Records relating primarily to Crown Satellite. Crown
shall make available to CMI for review and copying (at CMI's expense) during
normal business hours such other documents and records relating to Crown
Satellite as it may from time to time reasonably request in connection with its
continued operation of Crown Satellite.

        (b) LITIGATION SUPPORT. In the event and for so long as any Party
actively is contesting or defending against any action, suit, proceeding,
hearing, investigation, charge, complaint, claim, or demand in connection with
(i) any transaction contemplated under this Agreement or (ii) any fact,
situation, circumstance, status, condition, activity, practice, plan,
occurrence, event, incident, action, failure to act, or transaction on or prior
to the Closing Date involving Crown Satellite, each of the other Parties will
cooperate with it and its counsel in the contest or defense, make available
their personnel, and provide such testimony and access to their books and
records as shall be necessary



                                       15
<PAGE>   20


in connection with the contest or defense, all at the sole cost and expense of
the contesting or defending Party (unless the contesting or defending Party is
entitled to indemnification therefor under Section 6 below).

        (c) TRANSITION. Crown will take no action that is designed or intended
to have the effect of discouraging any lessor, licensor, customer, supplier, or
other business associate of Crown Satellite from maintaining the same business
relationships with Crown Satellite after the Closing as it maintained with Crown
Satellite prior to the Closing.

        (d) CONFIDENTIALITY. Crown will treat and hold in confidence all of the
Confidential Information, refrain from using any of the Confidential Information
except in connection with this Agreement, and after such time as Crown no longer
requires the Confidential Information for use in connection with this Agreement,
Crown shall deliver promptly to CMI or destroy, at the request and option of
CMI, all tangible embodiments (and all copies) of the Confidential Information
which are in its possession.

        (e) COVENANTS NOT TO COMPETE.

               (i) For a period of four years from and after the Closing Date
        and except as provided in Section 5(e)(ii), neither Crown nor any Crown
        Affiliate will engage directly or indirectly, for itself or himself or
        for any other person or entity, in any business that Crown Satellite
        conducts, or contemplates conducting as of the Closing Date. Included
        within the prohibition of the preceding sentence is the design,
        development, manufacture or sale (including sale as a principal,
        representative or otherwise) of the Crown Satellite Products and related
        items and systems which are comparable to those which were or are
        offered, or contemplated to be offered, by Crown Satellite prior to the
        Closing Date.

               (ii) Notwithstanding anything to the contrary in Section 5(e)(i),
        no owner of less than 1% of the outstanding stock of any publicly-traded
        corporation shall be deemed to engage solely by reason thereof in any of
        the prohibited businesses.

               (iii) If the final judgment of a court of competent jurisdiction
        declares that any term or provision of this Section 5(e) is invalid or
        unenforceable, the Parties agree that the court making the determination
        of invalidity or unenforceability shall have the power to reduce the
        scope, duration, or area of the term or provision, to delete specific
        words or phrases, or to replace any invalid or unenforceable term or
        provision with a term or provision that is valid and enforceable and
        that comes closest to expressing the intention of the invalid or
        unenforceable term or provision, and this Agreement shall be enforceable
        as so modified after the expiration of the time within which the
        judgment may be appealed.

               (iv) For a period of two years from and after the Closing Date,
        neither Crown nor any Crown Affiliate will directly or indirectly
        solicit, or hire, or directly or indirectly attempt



                                       16
<PAGE>   21


        to solicit, or hire any employees of the business of Crown Satellite,
        regardless of the name under which such business is then operated by
        CMI.

        (f) USE OF BUSINESS NAMES. For a period of one (1) year from the Closing
Date, Crown grants to CMI, effective as of the Closing Date, on a fully-paid,
royalty-free basis, the non-exclusive license to use the "Crown Satellite" name
and logo (including marks, trade names, trademarks, service names, service marks
and symbols) in connection with the operation of the business of Crown
Satellite, however it may be named, by CMI after the Closing. CMI shall assure
that all Crown Satellite Products sold under the "Crown Satellite" trade name
are of a level of quality and reliability at least equal to CMI's ISO 9001
quality standard. CMI shall conform every use of the "Crown Satellite" trade
name to the form and usage instructions provided by Crown in writing to CMI from
time to time. Pursuant to the information review procedures set forth in Section
2(d), Crown shall have the right to assess the quality of the Crown Satellite
Products being marketed by CMI under the "Crown Satellite" trade name and CMI's
form of use of the trade name. If Crown determines that CMI has materially
failed to comply with its obligations under this section, Crown may terminate
CMI's license hereunder by delivery of written notice to that effect if CMI has
not restored compliance with the quality or use standards within 90 days
following the date of such notice. In that event, CMI shall use all reasonable
efforts to terminate its use of the "Crown Satellite" name and any name or mark
derivative thereof or confusingly similar thereto as promptly as practicable.

        (g) EMPLOYEES. CMI shall offer employment to all employees of Crown
Satellite listed on Exhibit E. CMI shall honor the accrued vacation of each of
such employees and permit such employees to take paid vacation to the extent of
such amounts included in the Assumed Liabilities in accordance with its vacation
policies generally. CMI shall assure that all such employees receive the benefit
of the accrued payroll, and related taxes included in the Assumed Liabilities,
as well as payments in accordance with the Crown Satellite Bonus Plan. Crown
shall pay the employees listed on Exhibit E any accrued sick pay promptly
following the Closing. CMI acknowledges that Daniel Enns will remain an employee
of Crown for an indefinite period of time. Crown shall lease the services of Mr.
Enns to CMI pursuant to the Employee Lease Agreement of even date herewith.

        (h) ACCRUED EXPENSES. CMI shall reimburse Crown for the payment of
accrued sales and use taxes, group insurance expenses, accrued payroll, 401(k)
contributions and sick pay included in the Assumed Liabilities promptly upon
receipt of written notice from Crown that such expenses have been paid.

        (i) WARRANTY WORK. CMI shall perform or cause to be performed any
necessary warranty work and service on Crown Satellite Products sold prior to
the Closing Date; provided, that Crown shall reimburse CMI for the actual cost
of such work (only to the extent such costs exceed the warranty reserve
reflected on the Final Statement) promptly upon receipt of an invoice therefore
from CMI.

6.      REMEDIES FOR BREACHES OF THIS AGREEMENT.





                                       17
<PAGE>   22


        (a) SURVIVAL OF REPRESENTATIONS AND WARRANTIES. All of the
representations and warranties contained in this Agreement shall survive the
Closing hereunder (even if the damaged Party knew or had reason to know of any
misrepresentation or breach of warranty at the time of Closing) and continue in
full force and effect for a period of 18 months after the Closing.

        (b) INDEMNIFICATION PROVISIONS FOR BENEFIT OF CMI.

               (i) In the event Crown breaches (or in the event any third party
        alleged facts that, if true, would mean Crown has breached) any of its
        representations, warranties, and covenants contained herein, and CMI
        makes a written claim for indemnification against Crown prior to the end
        of the applicable survival period, then Crown agrees to indemnify CMI
        from and against any Adverse Consequences CMI may suffer through and
        after the date of the claim for indemnification (including any Adverse
        Consequences CMI may suffer after the end of any applicable survival
        period) resulting from, arising out of, relating to, in the nature of,
        or caused by the breach (or alleged breach);

               (ii) Crown agrees to indemnify CMI from and against any Adverse
        Consequences CMI may suffer resulting from, arising out of, relating to,
        in the nature of, or caused by any Excluded Liability of Crown.

               (iii) The foregoing notwithstanding, Crown shall not have any
        obligation to indemnify CMI under this Section 6(b) from and against any
        Adverse Consequences until CMI has suffered Adverse Consequences by
        reason of all such breaches or other matters in excess of a $100,000
        aggregate deductible (after which point Crown will be obligated only to
        indemnify CMI from and against further such Adverse Consequences).

        (c) INDEMNIFICATION PROVISIONS FOR BENEFIT OF CROWN.

               (i) In the event CMI breaches (or in the event any third party
        alleged facts that, if true, would mean CMI has breached) any of its
        representations, warranties, and covenants contained herein, and Crown
        makes a written claim for indemnification against CMI prior to the end
        of the applicable survival period, then CMI agrees to indemnify Crown
        from and against any Adverse Consequences Crown may suffer through and
        after the date of the claim for indemnification (including any Adverse
        Consequences Crown may suffer after the end of any applicable survival
        period) resulting from, arising out of, relating to, in the nature of,
        or caused by the breach (or alleged breach);

               (ii) CMI agrees to indemnify Crown from and against any Adverse
        Consequences Crown may suffer resulting from, arising out of, relating
        to, in the nature of, or caused by any Assumed Liability.




                                       18
<PAGE>   23

               (iii) The foregoing notwithstanding, CMI shall not have any
        obligation to indemnify Crown from and against any Adverse Consequences
        until Crown has suffered Adverse Consequences by reason of all such
        breaches or other matters in excess of a $100,000 aggregate deductible
        (after which point CMI will be obligated only to indemnify Crown from
        and against further such Adverse Consequences).

        (d) MATTERS INVOLVING THIRD PARTIES.

               (i) If any third party shall notify any Party (the "Indemnified
        Party") with respect to any matter (a "Third Party Claim") which may
        give rise to a claim for indemnification against any other Party (the
        "Indemnifying Party") under this Section 6, then the Indemnified Party
        shall promptly notify the Indemnifying Party thereof in writing;
        provided, however, that no delay on the part of the Indemnified Party in
        notifying any Indemnifying Party shall relieve the Indemnifying Party
        from any obligation hereunder unless (and then solely to the extent) the
        Indemnifying Party thereby is prejudiced.

               (ii) Any Indemnifying Party will have the right to assume the
        defense of the Third Party Claim with counsel of its choice reasonably
        satisfactory to the Indemnified Party at any time within 15 days after
        the Indemnified Party has given notice of the Third Party Claim;
        provided, however, that the Indemnifying Party must conduct the defense
        of the Third Party Claim actively and diligently thereafter in order to
        preserve its rights in this regard; and provided further that the
        Indemnified Party may retain separate co-counsel at its sole cost and
        expense and participate in the defense of the Third Party Claim.

               (iii) So long as the Indemnifying Party has assumed and is
        conducting the defense of the Third Party Claim in accordance with
        Section 6(d)(ii) above, (A) the Indemnifying Party will not consent to
        the entry of any judgment or enter into any settlement with respect to
        the Third Party Claim without the prior written consent of the
        Indemnified Party (not to be withheld unreasonably) unless the judgment
        or proposed settlement involves only the payment of money damages by the
        Indemnifying Party and does not impose an injunction or other equitable
        relief upon the Indemnified Party and (B) the Indemnified Party will not
        consent to the entry of any judgment or enter into any settlement with
        respect to the Third Party Claim without the prior written consent of
        the Indemnifying Party (not to be withheld unreasonably).

               (iv) In the event the Indemnifying Party fails to assume and
        conduct the defense of the Third Party Claim in accordance with Section
        6(d)(ii) above, however, (A) the Indemnified Party may defend against,
        and consent to the entry of any judgment or enter into any settlement
        with respect to, the Third Party Claim in any manner it reasonably may
        deem appropriate (and the Indemnified Party need not consult with, or
        obtain any consent from, any Indemnifying Party in connection therewith)
        and (B) the Indemnifying Party will remain responsible for any Adverse
        Consequences the Indemnified Party may suffer resulting from,



                                       19
<PAGE>   24


        arising out of, relating to, in the nature of, or caused by the Third
        Party Claim to the fullest extent provided in this Section 6.

        (e) NOTICE. In the event any Party breaches (or in the event any third
party alleges facts that, if true, would mean any Party has breached) any of its
covenants or any of its representations and warranties in this Agreement or in
the event that any third party shall notify any Indemnified Party with respect
to a Third Party Claim which may give rise to a claim for indemnification
against the Indemnifying Party, then the (alleged) breaching Party or
Indemnifying Party, as the case may be, shall provide detailed written notice to
the other Parties of the occurrence and nature of the relevant event.

        (f) INDEMNITY CAP. No Party shall be obligated to make payments or
provide indemnity to other persons under this Section 6 in the aggregate in
excess of an amount equal to the Purchase Price.

7.      TAX MATTERS.

        (a) COOPERATION ON TAX MATTERS.

               (i) CMI and Crown shall cooperate fully, as and to the extent
        reasonably requested by the other party, in connection with the filing
        of tax returns pursuant to this Section and any audit, litigation or
        other proceeding with respect to Taxes. Such cooperation shall include
        the retention and (upon the other party's request) the provision of
        records and information which are reasonably relevant to any such audit,
        litigation or other proceeding and making employees available on a
        mutually convenient basis to provide additional information and
        explanation of any material provided hereunder. Crown and CMI each agree
        (A) to retain all books and records with respect to Tax matters
        pertinent to Crown Satellite relating to any taxable period beginning
        before the Closing Date until the expiration of the statute of
        limitations (and, to the extent notified by CMI or Crown, any extensions
        thereof) of the respective taxable periods, and to abide by all record
        retention agreements entered into with any taxing authority, and (B) to
        give the other party reasonable written notice prior to transferring,
        destroying or discarding any such books and records and, if the other
        party so requests, Crown shall allow the other party to take possession
        of such books and records.

               (ii) CMI and Crown further agree, upon request, to use their best
        efforts to obtain any certificate or other document from any
        governmental authority or any other Person as may be necessary to
        mitigate, reduce or eliminate any Tax that could be imposed (including,
        but not limited to, with respect to the transactions contemplated
        hereby).

        (b) CERTAIN TAXES. All transfer, documentary, sales, use, stamp,
registration and other such Taxes and fees (including any penalties and
interest) incurred in connection with this Agreement shall be paid by Crown when
due, and Crown will, at its own expense, file all necessary Tax Returns and
other documentation with respect to all such transfer, documentary, sales, use,
stamp, registration and other Taxes and fees, and, if required by applicable
law, CMI will, and will cause its affiliates to, join in the execution of any
such Tax Returns and other documentation.





                                       20
<PAGE>   25

        (c) ALLOCATION OF PURCHASE PRICE. On or before December 31, 1998, CMI
shall deliver to Crown its proposed allocation of the Purchase Price, payments
under Section 2(d) and Assumed Liabilities to the Assets and Assumed
Liabilities. Unless Crown shall object to such allocation on a reasonable basis
within 10 business days of such delivery, such proposed allocation shall be
binding. Should Crown object to such allocation, the Parties shall negotiate in
good faith for a period of 30 days to determine a mutually acceptable
allocation. The allocation that becomes final pursuant to the forgoing is
referred to as the "Allocation". The Parties acknowledge that such Allocation
shall be determined pursuant to arm's length bargaining between the Parties
regarding the fair market values of the Assets in accordance with Section 1060
of the Internal Revenue Code of 1986, as amended. The Parties shall report
(including with respect to the filing of Form 8594 to the Internal Revenue
Service) the sale and purchase of the Assets for all income tax purposes in a
manner consistent with such Allocation and shall not, in connection with the
filing of such return, make any allocation of the Purchase Price, other payments
and Assumed Liabilities which is contrary to the Allocation. The Parties agree
to consult with one another with respect to any tax audit, controversy or
litigation relating to the Allocation.

        (d) RESEARCH AND DEVELOPMENT CREDIT. Crown agrees to provide CMI the
necessary information to allow CMI to adjust its base period for purposes of
computing the research and development credit in accordance with Section
41(f)(3) of the Internal Revenue Code of 1986, as amended.

8.      TERMINATION.

        (a) TERMINATION OF AGREEMENT. This Agreement may be terminated as
provided below:

               (i) CMI and Crown may terminate this Agreement by mutual written
        consent at any time prior to the Closing;

               (ii) Either Party may terminate this Agreement by giving written
        notice to the other if the Closing shall not have occurred on or before
        January 1, 1999.

        (b) EFFECT OF TERMINATION. If any Party terminates this Agreement
pursuant to Section 8(a) above, all rights and obligations of the Parties
hereunder shall terminate without any liability of any Party to any other Party
(except for any liability of any Party then in breach).

9.      MISCELLANEOUS.

        (a) PRESS RELEASES AND PUBLIC ANNOUNCEMENTS. No Party shall issue any
press release or make any public announcement relating to the subject matter of
this Agreement without the prior written approval of CMI and Crown; provided,
however, that CMI may make any public disclosure



                                       21
<PAGE>   26


it believes in good faith is required by applicable law or any listing or
trading agreement concerning its publicly-traded securities (in which case CMI
will use its reasonable best efforts to advise Crown prior to making the
disclosure).

        (b) NO THIRD-PARTY BENEFICIARIES. This Agreement shall not confer any
rights or remedies upon any Person other than the Parties and their respective
successors and permitted assigns.

        (c) ENTIRE AGREEMENT. This Agreement (including the documents referred
to herein) constitutes the entire agreement among the Parties and supersedes any
prior understandings, agreements, or representations by or among the Parties,
written or oral, to the extent they related in any way to the subject matter
hereof.

        (d) SUCCESSION AND ASSIGNMENT. This Agreement shall be binding upon and
inure to the benefit of the Parties named herein and their respective successors
and permitted assigns. No Party may assign either this Agreement or any of its
rights, interests, or obligations hereunder without the prior written approval
of CMI and Crown; provided, however, that CMI may (i) assign any or all of its
rights and interests hereunder to one or more of its Affiliates, or (ii)
designate one or more of its Affiliates to perform its obligations hereunder, or
(iii) assign all of its rights, interests and obligations hereunder to a
successor in interest to substantially all of its assets (provided, that in any
or all of which cases (i), (ii) or (iii) CMI nonetheless shall remain
responsible for the performance of all of its obligations hereunder).

        (e) SALE OF ASSETS. Should CMI enter into any agreement to sell a
substantial part of the assets of the Crown Satellite business (whatever the
designation of the business at the time) prior to December 31, 2001, such that
following such sale a majority of the Gross Margin from Crown Satellite Products
and Crown Satellite Technology would no longer inure to the benefit of CMI,
then, as a condition to such sale, CMI shall either (i) require the transferee
to assume CMI's obligations under Section 2(d) of this Agreement or (ii) provide
for the continued receipt by Crown of the information necessary to calculate and
verify the Gross Margin of the acquiror, as well as the Gross Margin of CMI, in
which case, CMI's obligations under Section 2(d) of this Agreement shall
continue to apply in respect of the combined Gross Margin of the acquiror and
CMI.

        (f) COUNTERPARTS. This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original but all of which
together will constitute one and the same instrument.

        (g) HEADINGS. The section headings contained in this Agreement are
inserted for convenience only and shall not affect in any way the meaning or
interpretation of this Agreement.

        (h) NOTICES. All notices, requests, demands, claims, and other
communications hereunder will be in writing. Any notice, request, demand, claim,
or other communication hereunder shall be deemed duly given if (and then two
business days after) it is sent by registered or certified



                                       22
<PAGE>   27


mail, return receipt requested, postage prepaid, or by a nationally recognized
express courier, and addressed to the intended recipient as set forth below:


        If to CMI, to:  California Microwave, Inc.
                        Satellite Communications Division
                        2114 W. Seventh Street
                        Tempe, Arizona 85281
                        Facsimile No.: (602) 966-0263
                        Attn.: President

       with a copy to:  California Microwave, Inc.
                        1143 Borregas Avenue
                        Sunnyvale, CA  94089
                        Facsimile No.: (408) 732-4244
                        Attn.: General Counsel

          If to Crown:  Crown International, Inc.
                        1718 W. Mishawaka Road
                        P.O. Box 1000
                        Elkhart, IN 46515-1000
                        Facsimile No.: (219) 294-8163
                        Attn.:  Richard Newberry

       with a copy to:  Barnes & Thornburg
                        11 S. Meridian Street
                        Indianapolis, Indiana 46204
                        Facsimile No.: (317) 231-7433
                        Attn.: Eric R. Moy, Esq.

Any Party may send any notice, request, demand, claim, or other communication
hereunder to the intended recipient at the address set forth above using any
other means (including personal delivery, expedited courier, messenger service,
telecopy, telex, ordinary mail, or electronic mail), but no such notice,
request, demand, claim, or other communication shall be deemed to have been duly
given unless and until it actually is received by the intended recipient. Any
Party may change the address to which notices, requests, demands, claims, and
other communications hereunder are to be delivered by giving the other Party
notice in the manner herein set forth.

        (i) GOVERNING LAW. This Agreement shall be governed by and construed in
accordance with the internal laws of the State of Illinois without giving effect
to any choice or conflict of laws provision or rule.





                                       23
<PAGE>   28

        (j) AMENDMENTS AND WAIVERS. No amendment of any provision of this
Agreement shall be valid unless the same shall be in writing and signed by CMI
and Crown. No waiver by any Party of any default, misrepresentation, or breach
of warranty or covenant hereunder, whether intentional or not, shall be deemed
to extend to any prior or subsequent default, misrepresentation, or breach of
warranty or covenant hereunder or affect in any way any rights arising by virtue
of any prior or subsequent such occurrence.

        (k) SEVERABILITY. Any term or provision of this Agreement that is
invalid or unenforceable in any situation in any jurisdiction shall not affect
the validity or enforceability of the remaining terms and provisions hereof or
the validity or enforceability of the offending term or provision in any other
situation or in any other jurisdiction.

        (l) EXPENSES. Each of the Parties will bear its own costs and expenses
(including legal fees and expenses) incurred in connection with this Agreement
and the transactions contemplated hereby.

        (m) CONSTRUCTION. The Parties have participated jointly in the
negotiation and drafting of this Agreement. In the event an ambiguity or
question of intent or interpretation arises, this Agreement shall be construed
as if drafted jointly by the Parties and no presumption or burden of proof shall
arise favoring or disfavoring any Party by virtue of the authorship of any of
the provisions of this Agreement. Any reference to any federal, state, local, or
foreign statute or law shall be deemed also to refer to all rules and
regulations promulgated thereunder, unless the context requires otherwise. The
word "including" shall mean "including without limitation."

        (n) INCORPORATION OF EXHIBITS, ANNEXES, AND SCHEDULES. The Exhibits,
Annexes, and Schedules identified in this Agreement are incorporated herein by
reference and made a part hereof.

10.     DEFINITIONS.

        "Adverse Consequences" means all actions, suits, proceedings, hearings,
investigations, charges, complaints, claims, demands, injunctions, judgments,
orders, decrees, rulings, damages, dues, penalties, fines, costs, reasonable
amounts paid in settlement, liabilities, obligations, taxes, liens, losses,
expenses, and fees, including court costs and reasonable attorneys' fees and
expenses.

        "Affiliate" has the meaning set forth in Rule 12b-2 of the regulations
promulgated under the Securities Exchange Act.

        "Allocation" has the meaning set forth in Section 7(c) above.

        "Assets" has the meaning set forth in Section 2(a) above.

        "Assumed Contracts" means the contracts and agreements listed or
described on Exhibit A.





                                       24
<PAGE>   29

        "Assumed Liabilities" has the meaning set forth in Section 2(e) above.

        "Auditors" has the meaning set forth in Section 2(d)(x) above.

        "Books and Records" means books and records, including manuals, price
lists, mailing lists, lists of customers, production data, sales and promotional
materials, purchasing materials, manufacturing and quality control records and
procedures, research and development files, accounting records (regardless of
the media in which they are stored) primarily relating to or used in the
business of Crown Satellite.

        "Closing" has the meaning set forth in Section 2(c) above.

        "Closing Date" has the meaning set forth in Section 2(c) above.

        "CMI" has the meaning set forth in the preface above.

        "Code" means the Internal Revenue Code of 1986, as amended.

        "Confidential Information" has the meaning described in the
Non-disclosure Agreement between the Parties dated as of August 25, 1998.

        "Contracts"  has the meaning set forth in Section 4(k) above.

        "Crown" has the meaning set forth in the preface above.

        "Crown Satellite" has the meaning set forth in the preface above.

        "Crown Satellite Bonus Plan" has the meaning set forth in Section
2(d)(i) above.

        "Crown Satellite Products" has the meaning set forth in Section 2(d)(ii)
above.

        "Crown Satellite Technology" has the meaning set forth in Section
2(d)(iii) above.

        "Disclosure Schedule" has the meaning set forth in Section 4 above.

        "Earned" has the meaning set forth in Section 2(d)(v) above.

        "Employee Benefit Plan" means any (a) nonqualified deferred compensation
or retirement plan or arrangement, (b) qualified defined contribution retirement
plan or arrangement which is an Employee Pension Benefit Plan, (c) qualified
defined benefit retirement plan or arrangement which is an Employee Pension
Benefit Plan (including any Multiemployer Plan), or (d) Employee Welfare Benefit
Plan or fringe benefit or other retirement, bonus, or incentive plan or program.




                                       25
<PAGE>   30

        "Employee Pension Benefit Plan" has the meaning set forth in ERISA
Section 3(2).

        "Employee Welfare Benefit Plan" has the meaning set forth in ERISA
Section 3(1).

        "Environmental, Health, and Safety Requirements" shall mean all federal,
state, local and foreign statutes, regulations, ordinances and similar
provisions having the force or effect of law, all judicial and administrative
orders and determinations, and all common law concerning public health and
safety, worker health and safety, and pollution or protection of the
environment, including without limitation all those relating to the presence,
use, production, generation, handling, transportation, treatment, storage,
disposal, distribution, labeling, testing, processing, discharge, release,
threatened release, control, or cleanup of any hazardous materials, substances
or wastes, chemical substances or mixtures, pesticides, pollutants,
contaminants, toxic chemicals, petroleum products or byproducts, asbestos,
polychlorinated biphenyls, noise or radiation.

        "ERISA" means the Employee Retirement Income Security Act of 1974, as
amended.

        "Excluded Assets" has the meaning set forth in Section 2(a) above.

        "Excluded Liabilities" has the meaning set forth in Section 2(f) above.

        "Final Statement" has the meaning set forth in Section 2(a)(ii) above.

        "Financial Statements" has the meaning set forth in Section 4(c) above.

        "Fixed Assets" means machinery, equipment, furniture, furnishings,
vehicles, tools, dies, molds and other tangible personal property, other than
Inventories, whether or not attached to real property.

        "GAAP" means United States generally accepted accounting principles as
in effect from time to time.

        "Government Approval" means any consent of, with or to any government
authority.

        "Gross Margin" has the meaning set forth in Section 2(d)(iv) above.

        "Income Tax" means any federal, state, local, or foreign income tax,
including any interest, penalty, or addition thereto, whether disputed or not.

        "Indemnified Party" has the meaning set forth in Section 6(d) above.

        "Indemnifying Party" has the meaning set forth in Section 6(d) above.



                                       26
<PAGE>   31

        "Intellectual Property" means (a) all inventions (whether patentable or
unpatentable and whether or not reduced to practice), all improvements thereto,
and all patents, patent applications, and patent disclosures, together with all
reissuances, continuations, continuations-in-part, revisions, extensions, and
reexaminations thereof, (b) all trademarks, service marks, trade dress, logos,
trade names, together with all translations, adaptations, derivations, and
combinations thereof and including all goodwill associated therewith, and all
applications, registrations, and renewals in connection therewith, (c) all
copyrightable works, all copyrights, and all applications, registrations, and
renewals in connection therewith, (d) all mask works and all applications,
registrations, and renewals in connection therewith, (e) all trade secrets and
confidential business information (including ideas, research and development,
know-how, formulas, compositions, manufacturing and production processes and
techniques, technical data, designs, drawings, specifications, customer and
supplier lists, pricing and cost information, and business and marketing plans
and proposals), (f) all computer software (including data and related
documentation), (g) all other proprietary rights, and (h) all copies and
tangible embodiments thereof (in whatever form or medium).

        "Inventories" has the meaning set forth in Section 2(a)(iii) above.

        "Knowledge" means the actual knowledge of an individual or with respect
to an entity, the actual knowledge of the directors or officers of such entity
or of its management employees with direct responsibility for the matter in
question including such knowledge as such persons would normally acquire in the
performance of their respective duties.

        "Most Recent Net Asset Statement" has the meaning set forth in Section
4(c) above.

        "Most Recent Fiscal Month End" has the meaning set forth in Section 4(c)
above.

        "Most Recent Fiscal Year End" has the meaning set forth in Section 4(c)
above.

        "Multiemployer Plan" has the meaning set forth in ERISA Section 3(37).

        "Ordinary Course of Business" means the ordinary course of business
consistent with past custom and practice (including with respect to quantity and
frequency).

        "Party" and "Parties" each has the meaning set forth in the preface
above.

        "Person" means an individual, a partnership, a corporation, a limited
liability company, an association, a joint stock company, a trust, a joint
venture, an unincorporated organization, or a governmental entity (or any
department, agency, or political subdivision thereof).

        "Purchase Price" has the meaning set forth in Section 2(b) above.

        "Securities Exchange Act" means the Securities Exchange Act of 1934, as
amended.



                                       27
<PAGE>   32

        "Security Interest" means any mortgage, pledge, lien, encumbrance,
charge, or other security interest, other than (a) mechanic's, materialmen's,
and similar liens, (b) liens for taxes not yet due and payable or for taxes that
the taxpayer is contesting in good faith through appropriate proceedings and
disclosed to CMI in writing prior to Closing, (c) purchase money liens and liens
securing rental payments under capital lease arrangements, and (d) other liens
arising in the Ordinary Course of Business and not incurred in connection with
the borrowing of money.

        "Specific Assets" has the meaning set forth in Section 2(a)(xi) above.

        "Subsidiary" means any corporation with respect to which a specified
Person (or a Subsidiary thereof) owns a majority of the common stock or has the
power to vote or direct the voting of sufficient securities to elect a majority
of the directors.

        "Tax" means any federal, state, provincial, local or foreign income,
alternative, minimum, accumulated earnings, personal holding company, franchise,
capital stock, net worth, capital, profits, windfall profits, gross receipts,
value added, sales, use, goods and services, excise, customs, duties, transfer,
conveyance, mortgage, registration, stamp, documentary, recording, premium,
severance, environmental, real property, personal property, ad valorem,
intangibles, rent, occupancy, license, occupational, employment, unemployment
insurance, social security, disability, workers' compensation, payroll, health
care, withholding, estimated or other similar tax, duty or other governmental
charge or assessment or deficiencies thereof, and including any interest,
penalties or additions to tax attributable to the foregoing.

        "Third Party Claim" has the meaning set forth in Section 6(d) above.

        "Year 2000 Compliant" means that the information technology accurately
processes date/time data (including, but not limited to, calculating, comparing
and sequencing) from, into and between the twentieth and twenty-first centuries,
and the year 1999 and 2000 and leap year calculations, to the extent that other
information technology, used in combination with the information technology
being considered, properly exchanges date/time data with it.


                                      *****



                                       28
<PAGE>   33

        IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as
of the date first above written.




CROWN INTERNATIONAL, INC.                    CALIFORNIA MICROWAVE, INC.



----------------------------------           ----------------------------------
By:     Richard A. Newberry                  By:     Donald Anderson
Title:  Chief Executive Officer              Title:  Executive Vice President