ANALEX CORPORATION
               STOCK APPRECIATION RIGHT AGREEMENT

     This STOCK APPRECIATION RIGHT AGREEMENT (the "Agreement") is
made  as  of  _________, 20__ (the "Grant Date")  between  ANALEX
CORPORATION,   a   Delaware  corporation  (the   "Company")   and
__________ (the "Recipient").

                     Background Information

      A.    The  Board of Directors of the Company (the  "Board")
previously  adopted the Analex Corporation 2000  Stock  Incentive
Plan  (the  "Plan").   Section 7 of the Plan  provides  that  the
Compensation Committee of the Board (the "Committee") shall  have
the  discretion and right to grant stock appreciation  rights  to
any  Eligible Person, subject to the terms and conditions of  the
Plan and any additional terms provided by the Committee.

      B.    The  Committee has determined that it is in the  best
interests of the Company to grant a stock appreciation  right  to
the Recipient.

      C.   The Recipient desires to accept the stock appreciation
right  and agrees to be bound by the terms and conditions of  the
Plan and this Agreement.

      D.   Unless otherwise defined herein, the terms defined  in
the Plan shall have the same defined meanings in this Agreement.

                            Agreement

     1.   Grant of Stock Appreciation Right.  Subject to the
terms and conditions provided in this Agreement and the Plan, the
Company hereby grants to the Recipient a stock appreciation right
covering ______ shares of Common Stock (the "SAR"), effective as
of the Grant Date.

     2.   Exercise Price.  The exercise price of the shares of
Common Stock covered by the SAR shall be $_____ per share (the
"Exercise Price").

     3.   Settlement of SAR.  Upon exercise of all or a specified
portion of the SAR, the Recipient shall be entitled to receive
from the Company shares of Common Stock with an aggregate Fair
Market Value on the date of exercise of the SAR equal to the
amount determined by multiplying:

          (a) 100 percent of the amount (if any) by which the
Fair Market Value of a share of Common Stock on the date of
exercise of the SAR exceeds the Exercise Price, by

          (b) the number of shares of Common Stock with respect
to which the SAR shall have been exercised.

     4.   Vesting and Term of SAR. Except as may be otherwise
provided in the Plan and this Agreement, the SAR shall vest in
accordance with the following schedule: [insert vesting
schedule].
     The SAR shall be exercisable during its term only to the
extent it has vested in accordance with this Section 4.  The term
of the SAR commences on the Grant Date and expires upon the
earliest of the following:

          (a)  the tenth (10th) anniversary of the Grant Date;

          (b)  the first (1st) anniversary of the death of the
Recipient;

          (c)  the first (1st) anniversary of the termination of
the Recipient's employment due to Disability;

          (d)  ninety (90) days after termination of the
Recipient's employment by reason of normal retirement under the
Company's retirement policies; or

          (e)  thirty (30) days after the termination of the
Recipient's employment for any reason other than death,
Disability or retirement.

     Notwithstanding any provisions set forth in the Plan or this
Agreement, if the Recipient (i) commits any act of malfeasance or
wrongdoing affecting the Company or any parent or subsidiary,
(ii) breaches any covenant not to compete or employment agreement
with the Company, or (iii) willfully and continuously fails to
perform substantially his duties with the Company (other than any
failure due to the Recipient's death or Disability), any
unexercised portion of the SAR shall expire immediately upon the
earlier of the occurrence of such event or the last day the
Recipient is employed by the Company.  No act or failure to act
shall be deemed willful unless the Recipient acts or fails to act
not in good faith and without reasonable belief that his action
or failure is in the best interest of the Company.

     5.   Exercise of SAR.  The SAR is exercisable by delivery of
an exercise notice, at such location and in such form as the
Company shall designate, which shall state the election to
exercise the SAR, the number of Shares in respect of which the
SAR is being exercised, and such other representations and
agreements as may be required by the Company pursuant to the
provisions of the Plan.  This SAR shall be deemed to be exercised
upon receipt by the Company of such Exercise Notice.  No Shares
shall be issued pursuant to the exercise of this SAR unless such
issuance and exercise complies with all relevant provisions of
law and the requirements of any stock exchange or quotation
service upon which the Shares are then listed.  Assuming such
compliance, for income tax purposes the exercised Shares shall be
considered transferred to the Recipient on the date the SAR is
exercised with respect to such exercised Shares.  Prior to the
exercise of this SAR and delivery of the resulting Shares, the
Participant shall not have any rights of a stockholder with
respect to this SAR or the Shares subject to this SAR.

     6.   Non-Transferability of SAR.  The SAR may not be
transferred in any manner otherwise than by will or by the laws
of descent or distribution, except as otherwise permitted by the
Committee in accordance with the terms of the Plan.

     7.   Change of Control.  In the event of a Change of
Control, any portion of the SAR that is not yet vested and/or
exercisable, shall become fully vested and exercisable on the
date immediately prior to the consummation of such Change of
Control or such other date prior to such Change of Control as
determined by the Board; provided, however that such accelerated
vesting and exerciability shall be subject to such additional
terms, conditions, requirements or restrictions as the Board may
determine in its sole discretion, except, however, that the Board
shall not impose any such additional terms, conditions,
requirements or restrictions if Board determines that Recipient
will be terminated from his current position as a result of or in
connection with such Change of Control.  If a Change of Control
occurs, the Committee in its discretion may take one or more of
the following actions: (a) provide for payment to the Recipient
of cash or other property with a Fair Market Value equal to the
amount that would have been received upon the exercise of the SAR
had the SAR been exercised or paid upon the Change of Control,
(b) adjust the terms of the SAR in a manner determined by the
Committee to reflect the Change of Control, (c) cause the SAR to
be assumed, or new rights substituted therefor, by another
entity, (d) make such other provision as the Committee may
consider equitable to the Recipient and in the best interests of
the Company, or (e) designate a date when the outstanding SAR, if
not exercised, shall terminate; provided however, that such a
date shall not be so designated unless the Committee provides at
least thirty (30) days advance written notice of the date of
termination to the Recipient. In any such event, all other
provisions, terms and conditions of the Plan and this Agreement
shall remain in full force and effect and the Committee is
expressly authorized to take the action described in the
preceding sentence and to amend the Plan or take such other
actions as may be necessary, appropriate or incidental to the
actions described above.

      8.    Tax  Withholding.   At such  time  as  the  Recipient
exercises the SAR, the Recipient must satisfy the federal, state,
and  local  income  and employment withholding taxes  imposed  by
reason  of the exercise of the SAR.  The Recipient shall make  an
election  with respect to the method of satisfaction of such  tax
withholding  obligation in accordance with procedures established
by  the  Committee.  Unless the Recipient delivers to the Company
within ten (10) days after exercise of the SAR a certified  check
payable  in the amount of all tax withholding obligations imposed
on the Recipient and the Company by reason of the exercise of the
SAR,  the number of Shares to be delivered to the Recipient  upon
exercise  of the SAR shall be reduced by the smallest  number  of
Shares  which, when multiplied by the Fair Market  Value  of  the
Common  Stock on the date of exercise, is sufficient  to  satisfy
the amount of such tax withholding obligations.

     9.   No Effect on Employment.  Nothing in the Plan or this
Agreement shall confer upon the Recipient the right to continue
in the employment of the Company or affect any right which the
Company may have to terminate the employment of the Recipient
regardless of the effect of such termination of employment on the
rights of the Recipient under the Plan or this Agreement.
     10.  Rights Prior to Issuance of Certificates. Neither the
Recipient nor any person to whom the Recipient's rights shall
have passed by will or by the laws of descent and distribution
shall have any of the rights of a shareholder with respect to any
Shares issuable upon exercise of the SAR until the date of
issuance to the Recipient or such other person of a certificate
for such Shares.

     11.  Governing Law and Severability.  This Agreement shall
be construed and enforced in accordance with the laws of the
State of Delaware.  In the event that any one or more of the
provisions or portion thereof contained in this Agreement shall
for any reason be held to be invalid, illegal or unenforceable in
any respect, the same shall not invalidate or otherwise affect
any other provisions of this Agreement, and this Agreement shall
be construed as if the invalid, illegal or unenforceable
provision or portion thereof had never been contained herein.

     12.  Successors.  This Agreement shall inure to the benefit
of, and be binding upon, the Company and the Recipient and their
heirs, legal representatives, successors and permitted assigns.

     13.  Entire Agreement.   Subject to the terms and conditions
of  the  Plan,  which are incorporated herein by reference,  this
Agreement expresses the entire understanding and agreement of the
parties  hereto  with  respect to such  terms,  restrictions  and
limitations.

     14.   Headings.    Section  headings  used  herein  are  for
convenience  of  reference only and shall not  be  considered  in
construing this Agreement.

    15.  Additional Acknowledgements.  By their signatures below,
the Recipient and the Company agree that the SAR is granted under
and  governed  by the terms and conditions of the Plan  and  this
Agreement.   The Recipient has had an opportunity to  obtain  the
advice  of  counsel prior to executing this Agreement  and  fully
understands  all  provisions  of the  Plan  and  this  Agreement.
Recipient  hereby  agrees  to accept as binding,  conclusive  and
final  all decisions or interpretations of the Committee made  in
accordance with the terms of the Plan and this Agreement upon any
questions relating to the Plan and this Agreement.

     IN  WITNESS  WHEREOF,  the Company and  the  Recipient  have
executed this Agreement as of the Grant Date set forth above.

                                  ANALEX CORPORATION


                                   By:


                                  RECIPIENT:




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