Document:

AIRPORT SYSTEMS INTERNATIONAL, INC.

                           INVESTOR'S RIGHTS AGREEMENT

      THIS INVESTOR'S RIGHTS AGREEMENT (this "Agreement") is made and entered
into as of the 7th day of February, 2000, by and among AIRPORT SYSTEMS
INTERNATIONAL, INC., a Kansas corporation (the "Company"), and KCEP VENTURES II,
L.P., a Kansas limited partnership (the "Investor").

                                    RECITALS

      A. The Company proposes to sell and issue 198,413 shares of its common
stock (the "Initial Shares"), a convertible subordinated debenture in the amount
of $500,000 (the "Convertible Debenture"), and a warrant to purchase 45,635
shares of its common stock (the "Warrant") (the Initial Shares, the Convertible
Debenture and the Warrant are collectively referred to herein as the
"Securities") pursuant to that certain Investment Agreement of even date
herewith (the "Investment Agreement").

      B. As a condition of entering into the Investment Agreement, the Investor
has requested that the Company grant to it certain rights (including, without
limitation, registration rights) as set forth below.

                                   SECTION 1

                RESTRICTIONS ON TRANSFERABILITY OF SECURITIES;
                               REGISTRATION RIGHTS

      1.1 CERTAIN DEFINITIONS. As used in this Agreement, the following terms
shall have the meanings set forth below:

            (a) "Board of Directors" shall mean the Company's board of
      directors, as it may exist from time to time.

            (b) "Closing" shall mean the date as set forth in the Investment
      Agreement.

            (c) "Commission" shall mean the Securities and Exchange Commission
      or any other federal agency at the time administering the Securities Act.

            (d) "Exchange Act" shall mean the Securities Exchange Act of 1934,
      as amended, or any similar successor federal statute and the rules and
      regulations thereunder, all as the same shall be in effect from time to
      time.

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            (e) "DCI Stockholders" shall mean Chris I. Hammond, Larry C. Klusman
      and William D. Cook who, by virtue of agreements with the Company, are
      entitled to include their securities in certain registrations hereunder.

            (f) "Registrable Securities" shall mean (i) any Initial Shares, (ii)
      shares of common stock issued or issuable pursuant to the conversion of
      the Convertible Debenture (the "Debenture Shares"), (iii) shares of common
      stock issued or issuable pursuant to the exercise of the Warrant, and (iv)
      any common stock issued as a dividend or other distribution with respect
      to or in exchange for or in replacement of the shares of common stock of
      the Company referenced in (i)-(iii) above; provided, however, that
      Registrable Securities shall not include any shares of common stock that
      have previously been registered or which have been sold to the public.

            (g) The terms "register," "registered" and "registration" shall
      refer to a registration effected by preparing and filing a registration
      statement in compliance with the Securities Act and applicable rules and
      regulations thereunder, and the declaration or ordering of the
      effectiveness of such registration statement.

            (h) "Registration Expenses" shall mean all expenses incurred in
      effecting any registration pursuant to this Agreement, including, without
      limitation, all registration, qualification, and filing fees, printing
      expenses, escrow fees, fees and disbursements of counsel for the Company,
      blue sky fees and expenses, and expenses of any regular or special audits
      incident to or required by any such registration (including all pre- and
      post-effective amendments to the registration statements), and expenses
      associated with the listing for quotation on the American Stock Exchange
      of the Registrable Securities, but shall not include Selling Expenses and
      fees and disbursements of counsel for the Investor, except for fees and
      disbursements of counsel for the Investor or the Stockholders as provided
      in Section 1.4 hereof, and shall not include the compensation of regular
      employees of the Investor or the Stockholders, which shall be paid in any
      event by the Investor or the Stockholders.

            (i) "Rule 144" shall mean Rule 144 as promulgated by the Commission
      under the Securities Act, as such Rule may be amended from time to time,
      or any similar successor rule that may be promulgated by the Commission.

            (j) "Rule 145" shall mean Rule 145 as promulgated by the Commission
      under the Securities Act, as such Rule may be amended from time to time,
      or any similar successor rule that may be promulgated by the Commission.

            (k) "Securities Act" shall mean the Securities Act of 1933, as
      amended, or any similar successor federal statute and the rules and
      regulations thereunder, all as the same shall be in effect from time to
      time.

            (l) "Selling Expenses" shall mean all underwriting discounts and
      selling commissions applicable to a sale of Registrable Securities, fees
      and disbursements of counsel for the Investor or the Stockholders, any
      fees and expenses incurred in order to amend or supplement the
      registration statement or prospectus to reflect transferees, donees, or
      pledgees, or any costs or

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      expenses related to any road shows or similar sales efforts on behalf of
      the Investors or Stockholders.

            (m) "Stockholders" shall mean the Investor and any persons or
      entities to whom the registration rights conferred by this Agreement have
      been transferred in compliance with Section 1.10 hereof.

      1.2 REQUESTED REGISTRATION.

            (a) REQUEST FOR REGISTRATION. If the Company shall receive at any
      time a written request from the Investor that the Company effect any
      registration with respect to at least thirty percent (30%) of the
      Registrable Securities, the Company will:

                  (i) promptly give written notice of the proposed registration
            to all Stockholders and the DCI Stockholders; and

                  (ii) as soon as practicable, use commercially reasonable
            efforts to effect such registration (including, without limitation,
            filing post-effective amendments, obtaining appropriate
            qualifications under applicable blue sky or other state securities
            laws, and ensuring appropriate compliance with the Securities Act)
            as would permit or facilitate the sale and distribution of all or
            such portion of such Registrable Securities as are specified in such
            request by the Investor, together with all or such portion of the
            Registrable Securities of any Stockholder joining in such request as
            are specified in a written request received by the Company within
            thirty (30) days after the written notice from the Company referred
            to in subclause (i) above is mailed or delivered.

      The Company shall not be obligated to effect, or to take any action to
effect, any such registration pursuant to this Section 1.2:

                  (A) (i) In any particular jurisdiction in which the Company
            would be required to execute a general consent to service of process
            in effecting such registration, qualification, or compliance, unless
            the Company is already subject to service in such jurisdiction and
            except as may be required by the Securities Act, or (ii) in any
            particular jurisdiction in which the Company is not qualified to do
            business or would be required to do business as a foreign
            corporation and where it would not otherwise be required to so
            qualify, or (iii) subject itself to taxation in any such
            jurisdiction;

                  (B) After the Company has initiated two such registrations
            pursuant to this Section 1.2(a) (counting for these purposes only
            registrations which have been declared or ordered effective and
            registrations which have been withdrawn by the Investor or the
            Stockholders and as to which the Investor or any other Stockholder
            has not elected to bear the Registration Expenses pursuant to
            Section 1.4); or

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<PAGE>

                  (C) If the Company is unable to obtain the commitment of an
            underwriter to firmly underwrite the offering.

            (b) FILING OF REGISTRATION STATEMENT. Subject to the foregoing
      clauses (A) through (C), the Company shall file a registration statement
      covering the Registrable Securities so requested to be registered as soon
      as practicable after receipt of the request or requests of the Investor;
      PROVIDED, HOWEVER, the Company: (i) at its sole discretion, may offer a
      right to participate in such registration statement at such time to the
      DCI Stockholders, (ii) shall be entitled to postpone for a reasonable
      period of time, but not in excess of ninety (90) days, the filing of any
      registration statement otherwise required to be prepared pursuant to this
      Section 1.2 if Company is, at such time, conducting or about to conduct an
      underwritten public offering of equity securities (or securities
      convertible into equity securities) and is advised in writing by its
      managing underwriter that such offering would in its opinion be adversely
      affected by the registration so requested, and (iii) shall be entitled to
      postpone such required registration for up to ninety (90) days if the
      Company determines reasonably and in good faith, in view of the
      advisability of deferring public disclosure of material corporate
      developments or other information that such registration and the
      disclosure required to be made pursuant thereto would not be in the best
      interest of the Company at such time.

      The registration statement filed pursuant to the request of the Investor
may, subject to the provisions of Sections 1.2(b) and 1.12 hereof, include other
securities of the Company, with respect to which registration rights have been
granted, and may include securities of the Company being sold for the account of
the Company.

            (c) PROCEDURES. If Stockholders or the DCI Stockholders shall
      request inclusion in any registration pursuant to this Section 1.2, the
      Company shall offer to include such securities in the underwriting and may
      condition such offer on its acceptance of the further applicable
      provisions of this Section 1 (including Section 1.12 hereof). The Company
      shall (together with all Stockholders) enter into an underwriting
      agreement in customary form with the representative of the underwriter or
      underwriters selected by the Company for such underwriting.
      Notwithstanding any other provision of this Section 1.2, if the
      representative of the underwriters advises the Investor in writing that
      marketing factors require a limitation on the number of shares to be
      underwritten, the number of shares to be included in the underwriting or
      registration shall be allocated as set forth in Section 1.12 hereof. If a
      person who has requested inclusion in such registration as provided above
      does not agree to the terms of any such underwriting, such person shall be
      excluded therefrom by written notice from the Company or the underwriter.
      Any Registrable Securities or other securities excluded shall also be
      withdrawn from such registration. If shares are so withdrawn from the
      registration and if the number of shares to be included in such
      registration was previously reduced as a result of marketing factors
      pursuant to this Section 1.2(c), then the Company shall offer to all
      Stockholders who have retained rights to include securities in the
      registration the right to include additional securities in the
      registration in an aggregate amount equal to the number of shares so
      withdrawn, with such shares to be allocated among such Stockholders
      requesting additional inclusion in accordance with Section 1.12 hereof.

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<PAGE>

      1.3 COMPANY REGISTRATIONS.

            (a) If the Company shall determine to register any of its securities
      either for its own account or the account of a security holder exercising
      demand registration rights (other than pursuant to Section 1.2 hereof),
      other than a registration relating solely to employee benefit plans, a
      registration relating solely to a Rule 145 transaction, or a registration
      on any registration form that does not permit secondary sales, the Company
      will:

                  (i) promptly give to all Stockholders written notice thereof;
            and

                  (ii) include in such registration (and any related
            qualification under blue sky laws or other compliance), except as
            set forth in Section 1.3(b) and Section 1.12 hereof, and in any
            underwriting involved therein, all the Registrable Securities
            specified in a written request or requests, made by any Stockholder
            and received by the Company within thirty (30) days after the
            written notice from the Company described in clause (i) above is
            mailed or delivered by the Company. Such written request may specify
            all or a part of a Stockholder's Registrable Securities.

            (b) UNDERWRITING. If the registration of which the Company gives
      notice is for a registered public offering involving an underwriting, the
      Company shall so advise the Stockholders as a part of the written notice
      given pursuant to Section 1.3(a)(i) hereof. In such event, the right of
      any Stockholder to registration pursuant to this Section 1.3 shall be
      conditioned upon such Stockholder's participation in such underwriting and
      the inclusion of such Stockholder's Registrable Securities in the
      underwriting to the extent provided herein. All Stockholders proposing to
      distribute their securities through such underwriting shall (together with
      the Company) enter into an underwriting agreement in customary form with
      the representative of the underwriter or underwriters selected by the
      Company.

      Notwithstanding any other provision of this Section 1.3, if the
representative of the underwriters advises the Company in writing that marketing
factors require a limitation on the number of shares to be underwritten, the
representative may exclude all Registrable Securities from, or limit the number
of Registrable Securities to be included in, the registration and underwriting.
The Company shall so advise all Stockholders of securities holders requesting
registration, and the number of shares that are entitled to be included in the
registration and underwriting (other than on behalf of the Company) as set forth
in Section 1.12 hereof. If any person does not agree to the terms of any such
underwriting, he shall be excluded therefrom by written notice from the Company
or the underwriter. Any Registrable Securities or other securities excluded or
withdrawn from such underwriting shall be withdrawn from such registration.

      If shares are so withdrawn from the registration and if the number of
shares of Registrable Securities to be included in such registration was
previously reduced as a result of marketing factors, the Company shall then
offer to all persons who have retained the right to include securities in the
registration the right to include additional securities in the registration in
an

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<PAGE>

aggregate amount equal to the number of shares so withdrawn, with such shares
to be allocated among the persons requesting additional inclusion in accordance
with Section 1.12 hereof.

      1.4 EXPENSES OF REGISTRATION. All Registration Expenses incurred in
connection with any registration, qualification or compliance pursuant to
Section 1.3 hereof, and the two registrations pursuant to Section 1.2 hereof
shall be borne by the Company; provided, however, that if the Investor or any
other Stockholder pays all the Registration Expenses for any registration
proceeding begun pursuant to Section 1.2 hereof which is subsequently withdrawn
by the Investor, such registration proceeding shall not be counted as a
requested registration pursuant to Section 1.2 hereof. Notwithstanding the
foregoing, in the event that a withdrawal is based upon material adverse
information relating to the Company that is different from the information known
or available (upon request from the Company or otherwise) to the Investor at the
time of its request for registration under Section 1.2 hereof, the Company will
bear the Registration Expenses, and such registration shall not be treated as a
counted registration for purposes of Section 1.2 hereof, even though the
Investor does not bear the Registration Expenses for such registration. All
Selling Expenses relating to securities so registered shall be borne by the
holders of such securities pro rata on the basis of the amount of securities so
registered on their behalf. The Company shall not, under any circumstances, be
required in connection with a registration hereunder, to (x) conduct any road
shows or similar sales efforts for the Investor, (y) pay any expenses to the
Investor for any road shows or similar sales efforts, or (z) pay any fees and
disbursements of counsel for the Investor.

      1.5 REGISTRATION PROCEDURES. In the case of each registration effected by
the Company pursuant to Section 1, the Company will keep each Stockholder
advised in writing as to the initiation of each registration and as to the
completion thereof. At its expense, the Company will use its best efforts to:

            (a) Keep such registration effective for a period of one hundred
      eighty (180) days or until the Stockholders have completed the
      distribution described in the registration statement relating thereto,
      whichever first occurs; provided, however, that such one hundred eighty
      (180) day period shall be extended for a period of time equal to the
      period the Stockholder refrains from selling any securities included in
      such registration at the request of an underwriter of common stock (or
      other securities) of the Company.

            (b) Prepare and file with the Commission such amendments and
      supplements to such registration statement and the prospectus used in
      connection with such registration statement as may be necessary to comply
      with the provisions of the Securities Act with respect to the disposition
      of all securities covered by such registration statement;

            (c) Furnish such number of prospectuses and other documents incident
      thereto, including any amendment of or supplement to the prospectus, as a
      Stockholder or Underwriter from time to time may reasonably request in
      order to facilitate the public offering of such securities;

            (d) Notify each seller of Registrable Securities covered by such
      registration statement at any time when a prospectus relating thereto is
      required to be delivered under the

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      Securities Act of the happening of any event as a result of which the
      prospectus included in such registration statement, as then in effect,
      includes an untrue statement of a material fact or omits to state a
      material fact required to be stated therein or necessary to make the
      statements therein not misleading or incomplete in the light of the
      circumstances then existing, and at the request of any such seller,
      prepare and furnish to such seller a reasonable number of copies of a
      supplement to or an amendment of such prospectus as may be necessary so
      that, as thereafter delivered to the purchasers of such shares, such
      prospectus shall not include an untrue statement of a material fact or
      omit to state a material fact required to be stated therein or necessary
      to make the statements therein not misleading or incomplete in the light
      of the circumstances then existing; and

            (e) In connection with any underwritten offering pursuant to a
      registration statement filed pursuant to Section 1.2 hereof, the Company
      will enter into an underwriting agreement reasonably necessary to effect
      the offer and sale of common stock, provided such underwriting agreement
      contains customary indemnification provisions and provided further that if
      the underwriter so requests the underwriting agreement will contain
      customary contribution provisions.

      1.6 INDEMNIFICATION.

            (a) The Company will indemnify the Investor, each of its officers,
      directors and partners, legal counsel, and accountants and each person
      controlling the Investor within the meaning of section 15 of the
      Securities Act, to the extent any registration, qualification, or
      compliance is effected on its behalf, pursuant to this Section 1, and each
      underwriter, if any, and each person who controls within the meaning of
      section 15 of the Securities Act any underwriter, against all expenses,
      claims, losses, damages, and liabilities (or actions, proceedings, or
      settlements in respect thereof) arising out of or based on any untrue
      statement (or alleged untrue statement) of a material fact contained in
      any prospectus, offering circular, or other document (including any
      related registration statement, notification, or the like) incident to any
      such registration, qualification, or compliance, or based on any omission
      (or alleged omission) to state therein a material fact required to be
      stated therein or necessary to make the statements therein not misleading,
      or any violation by the Company of the Securities Act, the Exchange Act,
      any state securities laws or any rule or regulation thereunder applicable
      to the Company and relating to action or inaction required of the Company
      in connection with any such registration, qualification, or compliance,
      and will reimburse the Investor, each of its officers, directors,
      partners, legal counsel, and accountants and each person controlling the
      Investor, each such underwriter, and each person who controls any such
      underwriter, for any legal and any other expenses reasonably incurred in
      connection with investigating and defending or settling any such claim,
      loss, damage, liability, or action, provided that the Company will not be
      liable in any such case to the extent that any such claim, loss, damage,
      liability, or expense arises out of or is based on any untrue statement or
      omission to the Company by the Investor, any Stockholder or any
      underwriter and stated to be specifically for use therein. It is agreed
      that the indemnity agreement contained in this Section 1.6(a) shall not
      apply to amounts paid in settlement of any such loss, claim, damage,
      liability, or action if such settlement is effected without the consent of
      the Company (which consent shall not be unreasonably withheld).

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            (b) The Investor will, to the extent Registrable Securities, are
      included in the securities as to which such registration, qualification,
      or compliance is being effected, indemnify the Company, each of its
      directors, officers, stockholders, legal counsel, and accountants and each
      underwriter, if any, of the Company's securities covered by a registration
      statement, each person who controls the Company or such underwriter within
      the meaning of section 15 of the Securities Act, and each of their
      officers, directors, and partners, against all claims, losses, damages and
      liabilities (or actions in respect thereof) arising out of or based on any
      untrue statement (or alleged untrue statement) of a material fact
      contained in any such registration statement, prospectus, offering
      circular, or other document, or any omission (or alleged omission) to
      state therein a material fact required to be stated therein or necessary
      to make the statements therein not misleading, and will reimburse the
      Company, its directors, officers, partners, legal counsel, and
      accountants, persons, underwriters, or control persons for any legal and
      any other expenses reasonably incurred in connection with investigating or
      defending any such claim, loss, damage, liability, or action, in each case
      to the extent, but only to the extent, that such untrue statement (or
      alleged untrue statement) or omission (or alleged omission) is made in
      such registration statement, prospectus, offering circular, or other
      document in reliance upon and in conformity with information provided to
      the Company by the Investor and stated to be specifically for use therein;
      PROVIDED, however, that the obligations of the Investor hereunder shall
      not apply to amounts paid in settlement of any such claims, losses,
      damages, or liabilities (or actions in respect thereof) if such settlement
      is effected without the consent of the Investor (which consent shall not
      be unreasonably withheld).

            (c) Each party entitled to indemnification under this Section 1.6
      (the "Indemnified Party") shall give notice to the party required to
      provide indemnification (the "Indemnifying Party") promptly after such
      Indemnified Party has actual knowledge of any claim as to which indemnity
      may be sought, and shall permit the Indemnifying Party to assume the
      defense of such claim or any litigation resulting therefrom, provided that
      counsel for the Indemnifying Party, who shall conduct the defense of such
      claim or any litigation resulting therefrom, shall be approved by the
      Indemnified Party (whose approval shall not unreasonably be withheld), and
      the Indemnified Party may participate in such defense at such party's
      expense, and provided further that the failure of any Indemnified Party to
      give notice as provided herein shall not relieve the Indemnifying Party of
      its obligations under this Section 1, to the extent such failure is not
      prejudicial. No Indemnifying Party, in the defense of any such claim or
      litigation, shall, except with the consent of each Indemnified Party,
      consent to entry of any judgment or enter into any settlement that does
      not include as an unconditional term thereof the giving by the claimant or
      plaintiff to such Indemnified Party of a release from all liability in
      respect to such claim or litigation. Each Indemnified Party shall furnish
      such information regarding itself or the claim in question as an
      Indemnifying Party may reasonably request in writing and as shall be
      reasonably required in connection with defense of such claim and
      litigation resulting therefrom.

            (d) If the indemnification provided for in this Section 1.6 is held
      by a court of competent jurisdiction to be unavailable to an Indemnified
      Party with respect to any loss, liability, claim, damage, or expense
      referred to herein, then the Indemnifying Party, in lieu of indemnifying
      such Indemnified Party hereunder, shall contribute to the amount paid or
      payable by such Indemnified Party as a result of such loss, liability,
      claim, damage, or expense in such proportion as is appropriate to reflect
      the relative fault of the Indemnifying Party on the one hand

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      and of the Indemnified Party on the other in connection with the
      statements or omissions that resulted in such loss, liability, claim,
      damage, or expense as well as any other relevant equitable considerations.
      The relative fault of the Indemnifying Party and of the Indemnified Party
      shall be determined by reference to, among other things, whether the
      untrue or alleged untrue statement of a material fact or the omission to
      state a material fact relates to information supplied by the Indemnifying
      Party or by the Indemnified Party and the parties' relative intent,
      knowledge, access to information, and opportunity to correct or prevent
      such statement or omission.

            (e) Notwithstanding the foregoing, to the extent that the provisions
      on indemnification and contribution contained in the underwriting
      agreement entered into in connection with the underwritten public offering
      are in conflict with the foregoing provisions, the provisions in the
      underwriting agreement shall control.

      1.7 INFORMATION BY STOCKHOLDER. Each Stockholder of Registrable Securities
shall furnish to the Company such information regarding such Stockholder and the
distribution proposed by such Stockholder as the Company may reasonably request
and as shall be reasonably required in connection with any registration,
qualification, or compliance referred to in this Section 1.

      1.8 LIMITATIONS ON REGISTRATION OF ISSUES OF SECURITIES. Without the
consent of the Investor and except for the rights granted to the DCI
Stockholders, the Company shall not grant any registration rights which are
senior to the rights of the Investor hereunder.

      1.9 RULE 144 REPORTING. With a view to making available the benefits of
certain rules and regulations of the Commission that may permit the sale of the
Registrable Securities to the public without registration, the Company agrees to
use its best efforts to:

            (a) Make and keep public information regarding the Company
      available, as those terms are understood and defined in Rule 144 under the
      Securities Act, at all times;

            (b) File with the Commission in a timely manner all reports and
      other documents required of the Company under the Securities Act and the
      Exchange Act at any time;

            (c) So long as the Investor owns any Registrable Securities, furnish
      to the Investor forthwith upon written request a written statement by the
      Company as to its compliance with the reporting requirements of Rule 144,
      and of the Securities Act and the Exchange, a copy of the most recent
      annual or quarterly report of the Company, and such other reports and
      documents so filed as the Investor may reasonably request in availing
      itself of any rule or regulation of the Commission allowing the Investor
      to sell any such securities without registration.

      1.10 TRANSFER OR ASSIGNMENT OF REGISTRATION RIGHTS. The rights to cause
the Company to register securities granted to the Investor by the Company under
this Section 1 may be transferred or assigned by the Investor only to a
transferee or assignee of not less than fifty-one percent (51%) of the
Registrable Securities (as presently constituted and subject to subsequent
adjustments for stock splits, stock dividends, reverse stock splits, and the
like), provided that the

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Company is given written notice at the time of or within a reasonable time after
such transfer or assignment, stating the name and address of the transferee or
assignee and identifying the securities with respect to which such registration
rights are being transferred or assigned, and, provided further, that the
transferee or assignee of such rights assumes the obligations of the Investor
under this Agreement in a writing delivered to the Company. Upon consummation of
such transfer or assignment, the Investor shall no longer be able to exercise
the rights and shall not incur further obligations attributed to the "Investor"
hereunder.

      1.11 "MARKET STAND-OFF" AGREEMENT. If requested by the Company and an
underwriter of common stock (or other securities) of the Company, the
Stockholders shall not sell or otherwise transfer or dispose of any common stock
(or other securities) of the Company held by such holder (other than those
included in the registration) during the one hundred eighty (180) day period
following the effective date of a registration statement of the Company filed
under the Securities Act; provided, that all officers and directors of the
Company and all other persons holding five percent (5%) or more of the Company's
outstanding stock enter into similar agreements and provided further, that the
Stockholders shall not be so prohibited from selling or otherwise transferring
or disposing of any common stock (or other securities) of the Company if a
Stockholder seeks inclusion in such registration but is unable to participate as
a result of the limitations provided in Section 1.3(b) and Section 1.12 of this
Agreement.

      The obligations described in this Section 1.11 shall not apply to a
registration relating solely to employee benefit plans on Form S-1 or Form S-8
or similar forms that may be promulgated in the future, or a registration
relating solely to a Commission Rule 145 transaction on Form S-4 or similar
forms that may be promulgated in the future. The Company may impose
stop-transfer instructions with respect to the shares (or securities) subject to
the foregoing restriction until the end of such one hundred eighty (180) day
period.

      1.12 ALLOCATION OF REGISTRATION OPPORTUNITIES. In any circumstance in
which all of the Registrable Securities and securities of the Company held by
others who have been granted registration rights, including the DCI
Stockholders, (the "Other Shares") are the subject of a request to be included
in a registration and cannot be so included as a result of limitations on the
aggregate number of shares of Registrable Securities and Other Shares that may
be so included, the number of shares of Registrable Securities and Other Shares
that may be so included shall be allocated among those requesting inclusion of
shares as follows:

            (a) Upon a request for registration by the Investor pursuant to
      Section 1.2, the Other Shares to be included in such registration shall be
      reduced pro rata among the holders of such shares to the extent necessary
      to accommodate the sale of ALL of the Registrable Securities by the
      Investor and Stockholders, even if such reduction may eliminate the
      opportunity for the sale of Other Shares. If, after the Other Shares are
      eliminated from such registration, limitations remain on the Registrable
      Securities to be included in such registration, the Registrable Securities
      to be included shall be reduced on a pro rata basis among the Investor and
      the Stockholders.

            (b) Upon a registration proposed by another holder of Company
      securities pursuant to Section 1.3, the Registrable Securities to be
      included in such registration shall be

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      reduced pro rata among the Investor and the Stockholders to the extent
      necessary to accommodate the sale of ALL of the Other Shares by such other
      holder, even if such reduction may eliminate the opportunity for the sale
      of the Registrable Securities.

            (c) Upon a registration proposed by the Company pursuant to Section
      1.3, the number of Registrable Securities and Other Shares to be included
      in such registration shall, AFTER the inclusion of all shares proposed for
      sale by the Company, be allocated pro rata on the basis of the number of
      shares of Registrable Securities and Other Shares that would be held by
      the Investor, the holders, and stockholders of Other Shares, assuming
      conversion; provided, however, so that such allocation shall not operate
      to reduce the aggregate number of Registrable Securities to be included in
      such registration below twenty-five percent (25%) of the total amount of
      securities included in such offering. If the Investor, the Stockholder, or
      other security holders do not request inclusion of the maximum number of
      shares of Registrable Securities and Other Shares allocated to him
      pursuant to the above-described procedure, the remaining portion of his
      allocation shall be reallocated among those requesting Stockholders whose
      allocations did not satisfy their requests pro rata on the basis of the
      number of shares of Registrable Securities and Other Shares which would be
      held by such Stockholders, assuming conversion, and this procedure shall
      be repeated until all of the shares of Registrable Securities and Other
      Shares which may be included in the registration on behalf of the
      Stockholders have been so allocated.

            (d) The Company shall not limit the number of Registrable Securities
      to be included in a registration pursuant to this Agreement in order to
      include shares held by stockholders with no registration rights. To
      facilitate the allocation of Securities in accordance with the above
      provisions, the Company or the Underwriters may round the number of
      Securities allocated to any Stockholder to the nearest 100 Securities.

      1.13 DELAY OF REGISTRATION. The Investor shall not have any right to take
any action to restrain, enjoin, or otherwise delay any registration as the
result of any controversy that might arise with respect to the interpretation or
implementation of this Section 1.

      1.14 TERMINATION OF REGISTRATION RIGHTS. The right of the Investor to
request registration or inclusion in any registration pursuant to Section 1.2 or
1.3 hereof shall terminate on the closing of an acquisition of the Registrable
Securities in exchange for publicly traded stock of another entity.

                                   SECTION 2
                            COVENANTS OF THE COMPANY

      The Company hereby covenants and agrees, so long as the Investor owns
Securities or Registrable Securities representing not less than fifty percent
(50%) of the total potential amount of Registrable Securities, as follows:

      2.1 BASIC FINANCIAL INFORMATION. The Company will furnish to the Investor
the following upon request:

                                       11
<PAGE>

            (a) Within 90 days after the end of each fiscal year of the Company,
      a balance sheet of the Company as of the end of such fiscal year and
      statements of income and of changes in financial condition of the Company
      for such year (A) prepared in accordance with generally accepted
      accounting principles, (B) audited by an independent accounting firm
      reasonably acceptable to Investor, and (C) including such other
      information as is necessary to verify the financial conditions of the
      Company.

            (b) Within 30 days after the end of each calendar month (other than
      a calendar month during which any fiscal quarter or fiscal year of the
      Company ends), an unaudited balance sheet of the Company as of the end of
      such month and unaudited statements of income and of changes in financial
      condition of the Company for such month and for the current fiscal year to
      the end of such month;

            (c) As soon as available, but in any event within 30 days after
      commencement of each new fiscal year, a business plan that shall contain
      projected quarterly and annual financial statements and quarterly and
      annual operating and capital budgets for such fiscal year, which such plan
      shall be submitted to Company's Board of Directors for approval within
      such time; and

            (d) With reasonable promptness, such other information and financial
      data concerning the Company as Investor may reasonably request, including,
      without limitation, quarterly and annual budgets and summaries of
      financial plans.

      2.2 FUTURE INVESTMENTS. In the event Company shall commence a private
equity financing within five years subsequent to the date of this Agreement,
Investor shall have the right to purchase the number of shares necessary to
maintain its percentage interest in the common stock of the Company.

                                   SECTION 3
                              BOARD REPRESENTATION

      3.1 BOARD OF DIRECTORS. So long as the Convertible Debenture purchased by
Investor pursuant to the Investment Agreement remains outstanding and is not
converted into shares of common stock of the Company, and thereafter so long as
KCEP Ventures II, L.P. beneficially owns Securities or Registrable Securities
representing not less than fifty percent (50%) of the total potential amount of
Registrable Securities, the Board of Directors of the Company shall nominate and
recommend to the stockholders of the Company for election a person designated by
KCEP Ventures II, L.P. (and reasonably acceptable to the Board of Directors) to
be elected to the Board of Directors, who shall serve in accordance with the
provisions of the Articles of Incorporation and the Bylaws of the Company. KCEP
Ventures II, L.P.'s designated director may choose to serve on, and shall then
be appointed to, the Audit Committee of the Board of Directors of the Company.
KCEP Ventures II, L.P.'s designated director shall receive the same fees, and
shall be insured by the same director and officer insurance policy paid for by
the Company, as current members of the Board of Directors of the Company and
shall be allowed to participate in the option program on the same terms and
conditions as other members of the Board of Directors of the Company.

                                       12
<PAGE>

                                   SECTION 4
                                  MISCELLANEOUS

      4.1 GOVERNING LAW. This Agreement is delivered and shall be construed in
accordance with the laws of the State of Kansas, without regard to the conflicts
of laws provisions thereof.

      4.2 SUCCESSORS AND ASSIGNS. Except as otherwise expressly provided herein,
the provisions hereof shall inure to the benefit of, and be binding upon, the
successors, assigns, heirs, executors and administrators of the parties hereto.

      4.3 ENTIRE AGREEMENT; AMENDMENT; WAIVER. This Agreement and the documents
referred to herein constitute the entire agreement among the parties and
supersedes all prior agreements between the parties with respect to the subject
matter hereof and no party shall be liable or bound to any other party in any
manner by any warranties, representations or covenants except as specifically
set forth herein or therein. Neither this Agreement nor any term hereof may be
amended, waived, discharged or terminated, except by a written instrument signed
by the Company and the Stockholders owning at least a majority of the
Registrable Securities (on an as-converted basis) not resold to the public, and
any such amendment, waiver, discharge or termination shall be binding on all the
Stockholders.

      4.4 NOTICES, ETC. All notices and other communications required or
permitted hereunder shall be in writing and shall be mailed by United States
first-class mail, postage prepaid, or delivered personally by hand or nationally
recognized courier or sent via facsimile addressed (a) if to Investor, at 233
West 47th Street, Kansas City, Missouri 64112, facsimile number (816) 960-1777,
Attention: David J. Schulte, or at such other address as the Investor or
permitted assignee shall have furnished to the Company in writing with a copy
to: Stinson, Mag & Fizzell, P.C., 1201 Walnut, Kansas City, Missouri, Attention:
Lynn Snelgrove, Esq., or (b) if to the Company, at 11300 West 89th Street,
Overland Park, Kansas, 66214, facsimile number (913) 492-0861, Attention: Keith
Cowan, or at such other address as the Company shall have furnished to the
Investor in writing with a copy to Blackwell Sanders Peper Martin LLP, 2300 Main
Street, Suite 1000, Kansas City, Missouri 64108, Attention: Steven F. Carman,
Esq. All such notices and other written communications shall be effective (i) if
mailed, five (5) days after mailing, (ii) if delivered, upon delivery and (iii)
if sent via facsimile, upon confirmation of receipt.

      4.5 DELAYS OR OMISSIONS. No delay or omission to exercise any right, power
or remedy accruing to the Investor, upon any breach or default of the Company
under this Agreement shall impair any such right, power or remedy of the
Investor nor shall it be construed to be a waiver of any such breach or default,
or an acquiescence therein, or of or in any similar breach or default thereafter
occurring; nor shall any waiver of any single breach or default be deemed a
waiver of any other breach or default therefore or thereafter occurring. Any
waiver, permit, consent or approval of any kind or character on the part of the
Investor of any breach or default under this Agreement or any waiver on the part
of the Investor of any provisions or conditions of this Agreement must be made
in writing and shall be effective only to the extent specifically set forth in
such writing. All remedies, either under this Agreement or by law or otherwise
afforded to the Investor, shall be cumulative and not alternative.

                                       13
<PAGE>

      4.6 SEPARABILITY. In case any provision of this Agreement shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of
the remaining provisions shall not in any way be affected or impaired thereby.

      4.7 INFORMATION CONFIDENTIAL. The Investor acknowledges that the
information received by it pursuant hereto may be confidential and for its use
only, and it will not use such confidential information in violation of the
Exchange Act or reproduce, disclose or disseminate such information to any other
person (other than its employees or agents having a need to know the contents of
such information, and its attorneys), except in connection with the exercise of
rights under this Agreement, unless the Company has made such information
available to the public generally or the Investor is required to disclose such
information by a governmental body.

      4.8 TITLES AND SUBTITLES. The titles of the paragraphs and sub-paragraphs
of this Agreement are for convenience of reference only and are not to be
considered in construing this Agreement.

      4.9 COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall be an original, but all of which together
shall constitute one instrument.

      IN WITNESS WHEREOF, the parties hereto have executed this Investors Rights
Agreement effective as of the day and year first above written.

                                    AIRPORT SYSTEMS INTERNATIONAL, INC.

                                    By:_________________________________
                                         Keith S. Cowan
                                         President

                                    KCEP VENTURES II, L.P.
                                    By:  KCEP II, L.C., its General Partner

                                    By:_________________________________
                                       Name:____________________________
                                       Title:___________________________EXECUTION COPY

                       AIRPORT SYSTEMS INTERNATIONAL, INC.

                                       AND

                             KCEP VENTURES II, L.P.

                            ----------------------

                                    $500,000

         10% CONVERTIBLE SUBORDINATED DEBENTURE DUE FEBRUARY 7, 2005

                          DATED AS OF FEBRUARY 7, 2000

<PAGE>

                               TABLE OF CONTENTS*

                                                                            PAGE

ARTICLE I  OBLIGATIONS OF THE COMPANY........................................1

ARTICLE II  DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION..........2
      Section 2.1 Definitions................................................2
      Section 2.2 Form of Documents Delivered................................5
      Section 2.3 Acts of Holder.............................................6
      Section 2.4 Notices, etc...............................................6
      Section 2.5 Notices to Holder; Waiver..................................6

ARTICLE III  THE DEBENTURE...................................................6
      Section 3.1 Title and Terms............................................6
      Section 3.2 Persons Deemed Owners......................................7
      Section 3.3 Withholdings...............................................7

ARTICLE IV  REDEMPTION OF DEBENTURE..........................................7
      Section 4.1 Right of Redemption........................................7
      Section 4.2 Applicability of Article...................................8
      Section 4.3 Notice of Redemption.......................................8
      Section 4.4 Debenture Payable on Redemption Date.......................8

ARTICLE V  COVENANTS.........................................................9
      Section 5.1 Payment of Principal and Interest..........................9
      Section 5.2 Statement as to Compliance.................................9
      Section 5.3 Corporate Existence........................................9
      Section 5.4 Payment of Taxes and Other Claims..........................9
      Section 5.5 Maintenance of Properties.................................10
      Section 5.6 Dividend, Repurchase and Redemption Restrictions..........10
      Section 5.7 Waiver of Covenants.......................................11
      Section 5.8 Accountants' Certificate..................................11
      Section 5.9 Usury Laws................................................11

ARTICLE VI  REMEDIES........................................................11
      Section 6.1 Events of Default.........................................11
      Section 6.2 Acceleration of Maturity; Rescission; Annulment and
                  Standstill................................................12
      Section 6.3 Collection of Indebtedness................................13
      Section 6.4 Unconditional Right of the Holder to Receive
                  Principal and Interest and to Convert.....................14
      Section 6.5 Restoration of Rights and Remedies........................14
      Section 6.6 Rights and Remedies Cumulative............................14
      Section 6.7 Delay or Omission Not Waiver..............................14
-------------------
*    Table of Contents is not part of this Debenture

<PAGE>

ARTICLE VII  MERGER, TRANSFER...............................................15
      Section 7.1 Company May Merge, etc., Only on Certain Terms............15

ARTICLE VIII  SUBORDINATION OF DEBENTURE....................................15
      Section 8.1 Agreement of Subordination................................15
      Section 8.2 Payments to the Holder....................................16
      Section 8.3 Intentionally Omitted.....................................17
      Section 8.4 Holder's Relation to Superior Indebtedness................17
      Section 8.5 No Impairment of Subordination............................17

ARTICLE IX  CONVERSION OF DEBENTURE.........................................18
      Section 9.1 Conversion Privilege......................................18
      Section 9.2 Exercise of Conversion Privilege..........................18
      Section 9.3 No Conversion Adjustments.................................19
      Section 9.4 Adjustment of Conversion Price............................19
      Section 9.5 Fractions of Shares.......................................20
      Section 9.6 Effect of Mergers, etc., on Conversion Privilege..........21
      Section 9.7 Notice of Adjustments.....................................21
      Section 9.8 Notice of Certain Events..................................21
      Section 9.9 Company to Reserve Common Stock; Listing..................22
      Section 9.10 Taxes on Conversions.....................................23

ARTICLE X  MISCELLANEOUS....................................................23
      Section 10.1 Amendment................................................23
      Section 10.2 Successors and Assigns...................................23
      Section 10.3 Severability ............................................23
      Section 10.4 Captions.................................................23
      Section 10.5 Complete Agreement.......................................23
      Section 10.6 Choice of Law............................................24
      Section 10.7 Expenses.................................................24
      Section 10.8 Counterpart Execution....................................24
      Section 10.9 Legal Holidays...........................................24

EXHIBIT A
EXHIBIT B

<PAGE>

      NEITHER THIS DEBENTURE, NOR THE SHARES OF COMMON STOCK ISSUABLE UPON THE
CONVERSION HEREOF, HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR UNDER THE SECURITIES LAWS OF ANY STATE. NO TRANSFER, SALE OR OTHER
DISPOSITION OF THIS DEBENTURE MAY BE MADE UNLESS A REGISTRATION STATEMENT WITH
RESPECT TO THIS DEBENTURE HAS BECOME EFFECTIVE UNDER SAID ACT, AND SUCH
REGISTRATION OR QUALIFICATION AS MAY BE NECESSARY UNDER THE SECURITIES LAWS OF
ANY STATE HAS BECOME EFFECTIVE, OR AIRPORT SYSTEMS INTERNATIONAL, INC. HAS BEEN
FURNISHED WITH AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO AIRPORT SYSTEMS
INTERNATIONAL, INC. THAT SUCH REGISTRATION IS NOT REQUIRED WITH RESPECT TO SUCH
PROPOSED DISPOSITION THEREOF, AND THAT SUCH DISPOSITION WILL NOT CAUSE THE LOSS
OF THE EXEMPTION UPON WHICH AIRPORT SYSTEMS INTERNATIONAL, INC. RELIED IN
ISSUING THIS DEBENTURE TO THE ORIGINAL OWNER THEREOF.

                       AIRPORT SYSTEMS INTERNATIONAL, INC.
                          10% CONVERTIBLE SUBORDINATED
                         DEBENTURE DUE FEBRUARY 7, 2005

      THIS 10% CONVERTIBLE SUBORDINATED DEBENTURE (this "Debenture") is made as
of the 7th day of February, 2000, by and between AIRPORT SYSTEMS INTERNATIONAL,
INC., a Kansas corporation (hereinafter called the "Company"), having its
principal office at 11300 West 89th Street, Overland Park, Kansas 66214 and KCEP
VENTURES II, L.P., (hereinafter called the "Holder") having its principal office
at 233 West 47th Street, Kansas City, Missouri 64112.

      WHEREAS, pursuant to the Investment Agreement, the Holder has agreed to
purchase this Debenture from the Company and the Company has agreed to issue
this Debenture to the Holder;

      NOW, THEREFORE, for and in consideration of the premises and the purchase
of this Debenture by the Holder hereof, it is mutually covenanted and agreed as
follows:

                                    ARTICLE I

                           OBLIGATIONS OF THE COMPANY

      The Company, for value received, hereby promises to pay to KCEP VENTURES
II, L.P., or registered assigns, the principal sum of Five Hundred Thousand
Dollars ($500,000), on February 7, 2005, and to pay interest, at the times and
in the amounts determined in accordance with SECTION 3.1. The principal of and
interest on this Debenture are payable as set forth in SECTION 3.1. Any interest
not punctually paid or duly provided for shall be payable as provided in this
Debenture.

<PAGE>

                                   ARTICLE II

           DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

SECTION 2.1.DEFINITIONS

      For all purposes of this Debenture, except as otherwise expressly provided
or unless the context otherwise requires:

            (1) all references in this Debenture to designated "Articles,"
      "Sections" and other subdivisions are to the designated Articles, Sections
      and other subdivisions of this Debenture. The words "herein," "hereof,"
      and "hereunder" and other words of similar import refer to this Debenture
      as a whole and not to any particular Article, Section or other
      subdivision;

            (2) the terms defined in this Article have the meanings assigned to
      them in this Article and include the plural as well as the singular; and

            (3) all accounting terms not otherwise defined herein have the
      meanings assigned to them in accordance with generally accepted accounting
      principles applicable to companies located within the United States
      ("GAAP").

      "ACT" when used with respect to the Holder has the meaning specified in
SECTION 2.3.

      "AFFILIATE" of any specified Person means any other Person directly or
indirectly controlling or controlled by or under direct or indirect common
control with such specified Person. For the purposes of this definition,
"control" when used with respect to any specified Person means the power to
direct the management and policies of such Person, directly or indirectly,
whether through the ownership of voting securities, by contract or otherwise;
and the terms "controlling" and "controlled" have meanings correlative to the
foregoing.

      "BOARD OF DIRECTORS" means either the Board of Directors of the Company or
any duly authorized committee of that Board.

      "BUSINESS DAY" means each day which is neither a Saturday, Sunday nor
other day on which banking institutions in the pertinent Place of Payment are
authorized or obligated by law or executive order to remain closed.

      "CLOSING PRICE" means for any Trading Day (a) if the Common Stock is
listed or admitted to trading on a national securities exchange, the closing
price on the AMEX-Composite Tape (or any successor composite tape reporting
transactions on national securities exchanges) or, if such a composite tape
shall not be in use or shall not report transactions in the Common Stock, the
last reported sales price on the principal national securities exchange on which
the Common Stock is listed or admitted to trading (which shall be the national
securities exchange on which the greatest number of shares of the Common Stock
has been traded during the preceding 30 consecutive Trading Days), (b) if the
Common Stock is not listed or admitted to trading on any such exchange, the
closing price for the Common Stock on the Nasdaq National Market, as reported by
Nasdaq, (c) if such prices are not so quoted in the Nasdaq National Market, the

<PAGE>

closing bid price of the Common Stock in the over-the-counter market as reported
by the National Association of Securities Dealers Automated Quotations System,
or (d) if such prices are not so quoted in the over-the-counter market, the
average of the highest bid and lowest asked prices as reported by the National
Quotations Bureau, Incorporated or a similar organization selected from time to
time by the Company for that purpose.

      "COMMON STOCK" means the Common Stock, par value $.01 per share, of the
Company authorized at the date of this Debenture and stock of any other class
issued by the Company or any successor to the Company into which such presently
authorized Common Stock, par value $.01 per share, may be converted.

      "COMPANY" means the Person named as the "Company" in the first paragraph
of this Debenture until a successor corporation shall have become such pursuant
to the applicable provisions of this Debenture, and thereafter "Company" shall
mean such successor corporation.

      "COMPANY REQUEST" and "COMPANY ORDER" mean, respectively, a written
request or order signed in the name of the Company by its duly authorized
officer.

      "CONSOLIDATED NET INCOME" means the aggregate net income or loss of the
Company and its Subsidiaries, as consolidated and determined in accordance with
GAAP.

      The terms "FUNDS," "MONEY," "AMOUNT" and similar words referring to the
payment of money pursuant to the terms of this Debenture mean immediately
available funds.

      "EVENT OF DEFAULT" has the meaning specified in ARTICLE VI.

      "GAAP" has the meaning specified in SECTION 2.1(3).

      "HOLDER" means the Person named as the "Holder" in the first paragraph of
this Debenture.

      "INDEPENDENT" when used with respect to any specified Person means such a
Person who (1) is in fact independent, (2) does not have any direct financial
interest or any material indirect financial interest in the Company or in any
other obligor upon this Debenture or in any Affiliate of the Company or of such
other obligor, and (3) is not connected with the Company or such other obligor
or any Affiliate of the Company or of such other obligor, as an officer,
employee, promoter, partner, director or Person performing similar functions.
Whenever it is herein provided that any Independent Person's opinion or
certificate shall be furnished, such Person shall be appointed by a Company
Order, and such opinion or certificate shall state that the signer has read this
definition and that the signer is Independent within the meaning hereof.

      "INTEREST PAYMENT DATE" means the Stated Maturity of an installment of
interest on this Debenture.

      "INVESTMENT AGREEMENT" means that certain Investment Agreement, dated as
of February 7, 2000, between the Company and the Holder.

<PAGE>

      "MATURITY" when used with respect to this Debenture means the date on
which the principal of this Debenture becomes due and payable as herein
provided, whether at the Stated Maturity or by declaration of acceleration, call
for redemption or otherwise.

      "OFFICERS' CERTIFICATE" means a certificate signed by the Chairman of the
Board or the President, and by the Treasurer, the Controller, the Secretary or
an Assistant Secretary of the Company.

      "OPINION OF COUNSEL" means a written opinion of counsel, who may be legal
counsel for the Company, or such other legal counsel as may be reasonably
acceptable to the Holder.

      "PERSON" means any individual, corporation, partnership, joint venture,
association, joint-stock company, trust, unincorporated organization or
government or any agency or political subdivision thereof.

      "REDEMPTION DATE" when used with respect to this Debenture means the date
fixed for redemption.

      "REDEMPTION PRICE" when used with respect to this Debenture means the
price at which it is to be redeemed.

      "STATED MATURITY" when used with respect to this Debenture or any
installment of interest hereon means the date specified in this Debenture as the
fixed date on which the principal of this Debenture or such installment of
interest is due and payable.

      "SUBORDINATION AGREEMENT" means that certain Subordination Agreement,
dated as of February 7, 2000, between the Holder, the Company, DCI, Inc., a
Kansas corporation, and Bank of America, N.A. attached hereto as EXHIBIT A.

      "SUBSIDIARY" means any corporation of which the Company, or the Company
and one or more Subsidiaries, or any one or more Subsidiaries, directly or
indirectly own more than 50% of the outstanding capital stock having under
ordinary circumstances (not dependent upon the happening of a contingency)
voting power in the election of members of the board of directors, managers or
trustees of said corporation.

      "SUPERIOR INDEBTEDNESS" means the principal of, and premium, if any, and
accrued and unpaid interest on, together with all charges, fees (including
without limitation attorneys' fees), costs and expenses required to be paid by
the Company under the terms of any (a) indebtedness of the Company for money
borrowed or in respect of letters of credit issued for its own account, whether
outstanding on the date of execution of this Debenture or thereafter created,
incurred or assumed, (b) guarantees by the Company of indebtedness for money
borrowed by or payment or performance obligations due from any other person,
whether outstanding on the date of execution of this Debenture or thereafter
created, incurred or assumed, (c) purchase money indebtedness evidenced by
notes, lease-purchase agreements, purchase contracts or agreements, or similar
instruments for the payment of which the Company is responsible or liable, by
guarantees or otherwise, whether outstanding on the date of execution of this
Debenture or thereafter created, incurred or assumed, (d) obligations of the
Company under any agreement to lease, or lease of, any real or personal property
which are required to be capitalized in

<PAGE>

accordance with generally accepted accounting principles, or any other agreement
to lease, or lease of, any real or personal property which, by the terms
thereof, are expressly designated as Superior Indebtedness, whether outstanding
on the date of execution of this Debenture or thereafter created, incurred or
assumed, (e) performance, completion or similar bonds of the Company, whether
outstanding on the date of execution of this Debenture, or thereafter created,
incurred or assumed, (f) obligations of the Company under any agreement to
license or use software, technical know-how, copyrights, trademarks or patents
or under any joint venture agreements which are outstanding on the date of
execution of this Debenture, or if thereafter created, incurred or assumed,
which by the terms thereof are expressly designated as Superior Indebtedness and
(g) modifications, renewals, extensions and refundings of any such indebtedness,
guarantees, obligations or bonds; unless, in the instrument creating or
evidencing the same or pursuant to which the same is outstanding, it is provided
that such indebtedness, guarantees, obligations or bonds, or such modifications,
renewals, extensions or refundings thereof, or the obligations of the Company
pursuant to such a guarantee, are either (i) not superior in right of payment to
this Debenture or (ii) subordinate in right of payment to all other indebtedness
of the Company.

      "TRADING DAY" means such day which is neither a Saturday, Sunday nor other
day on which the principal national securities exchange (as determined in
accordance with the definition of Closing Price) on which the Common Stock is
listed or admitted to trading, or if the Common Stock is not so listed or
admitted to trading, the National Association of Securities Dealers Automated
Quotations System, as the case may be, remains closed.

SECTION 2.2 FORM OF DOCUMENTS DELIVERED

      In any case where several matters are required to be certified by, or
covered by an opinion of, any specified Person, it is not necessary that all
such matters be certified by, or covered by the opinion of, only one such
Person, or that they be so certified or covered by only one document, but one
such Person may certify or give an opinion with respect to some matters and one
or more other such Persons as to other matters and any such Person may certify
or give an opinion as to such matters in one or several documents.

      Any certificate or opinion of an officer of the Company may be based,
insofar as it relates to legal matters, upon a certificate or opinion of, or
representations by, counsel, unless such officer knows, or in the exercise of
reasonable care should know, that the certificate or opinion or representations
with respect to the matters upon which his certificate or opinion is based are
erroneous. Any such certificate or Opinion of Counsel may be based, insofar as
it relates to factual matters, upon a certificate or opinion of, or
representations by, an officer or officers of the Company stating that the
information with respect to such factual matters is in the possession of the
Company, unless such counsel knows or has reason to know, that the certificate
or opinion or representations with respect to such matters are erroneous.

      Where any Person is required to make, give or execute two or more
applications, requests, consents, certificates, statements, opinions or other
instruments, they may, but need not, be consolidated and form one instrument.

<PAGE>

SECTION 2.3 ACTS OF HOLDER

      Any request, demand, authorization, direction, notice, consent, waiver or
other action to be given or taken by the Holder may be embodied in and evidenced
by one or more instruments of substantially similar tenor signed by the Holder
in person or by agent duly appointed in writing; and, except as herein otherwise
expressly provided, such action shall become effective when such instrument or
instruments are delivered to the Company. Such instrument or instruments (and
the action embodied therein and evidenced thereby) are herein sometimes referred
to as the "Act" of the Holder signing such instrument or instruments.

SECTION 2.4 NOTICES, ETC. TO COMPANY

      Any request, demand, authorization, direction, notice, consent, waiver or
Act of the Holder or other document provided or permitted to be made upon, given
or furnished to, or filed with the Company by the Holder shall be sufficient for
every purpose hereunder if in writing and mailed, first-class, postage prepaid,
to the Company addressed to it at the address of its principal executive offices
specified in the first paragraph hereof or at any other address previously
furnished in writing by the Company.

SECTION 2.5 NOTICES TO HOLDER; WAIVER

      Where this Debenture provides for notice to the Holder of any event, such
notice shall be sufficiently given (unless otherwise herein expressly provided)
if in writing and mailed, first-class, postage prepaid, to the Holder, at the
address specified in the first paragraph hereof or at any other address
previously furnished in writing by the Holder, not later than the latest date,
if any, and not earlier than the earliest date, if any, prescribed for the
giving of such notice. Where this Debenture provides for notice in any manner,
such notice may be waived in writing by the Person entitled to receive such
notice, either before or after the event, and such waiver shall be the
equivalent of such notice.

                                  ARTICLE III

                                 THE DEBENTURE

SECTION 3.1 TITLE AND TERMS

      This Debenture shall be known and designated as the "10% Convertible
Subordinated Debenture Due February 7, 2005" of the Company. The Stated Maturity
of this Debenture shall be February 7, 2005, and the principal amount of this
Debenture shall bear interest, as set forth below, at the rate per annum set
forth in the preceding sentence, until the principal hereof is paid in full and
(to the extent that the payment of such interest shall be legally enforceable)
such interest shall accrue on any overdue installment of interest at a rate of
13% per annum.

      This Debenture may be sold, transferred, assigned or hypothecated, in
whole or in part by completing a form of assignment that is acceptable to the
Company, only to (a) partners of Kansas City Equity Partners L.C. ("KCEP"), or
KCEP Ventures II, L.P., (b) successors to KCEP or KCEP Ventures II, L.P., in a
merger, consolidation or other reorganization, (c) transferees, or officers of
transferees of KCEP or KCEP Ventures II, L.P., in the event of liquidation or

<PAGE>

dissolution of either such entity, or (d) a purchaser, or officers of a
purchaser, of substantially all of the assets of KCEP or KCEP Ventures II, L.P.,
and shall be so transferable only upon the books of the Company which the
Company shall cause to be maintained for such purpose, provided, however, any
such transfer is in an amount which permits the transferee to convert a minimum
of 10,000 shares of Common Stock, unless otherwise consented to by the Company,
in which event the Company shall issue a new Debenture to each such Person,
which new Debenture shall contain substantially identical rights, limitations,
terms and conditions as this Debenture.

      Except as otherwise provided in this ARTICLE III, this Debenture shall
bear interest, payable quarterly on April 30, July 31, October 31 and January 31
of each year, commencing April 30, 2000. Interest on this Debenture shall be
computed on the basis of a 360-day year constituting twelve 30-day months.

      Payments due on this Debenture shall be payable by wire transfer to an
account designated by the Holder.

      This Debenture shall be subordinated in right of payment to certain other
indebtedness of the Company as provided in ARTICLE VIII or the Subordination
Agreement.

      This Debenture shall be convertible into Common Stock of the Company as
provided in ARTICLE IX.

SECTION 3.2 PERSONS DEEMED OWNERS

      Prior to the transfer of this Debenture, as permitted by SECTION 3.1, the
Company shall treat the Holder as the owner of this Debenture for the purpose of
receiving payment of principal of, and interest on, this Debenture, for the
purpose of conversion and for all other purposes whatsoever, whether or not this
Debenture is overdue, and the Company shall not be affected by notice to the
contrary.

SECTION 3.3 WITHHOLDINGS

      The Company shall be entitled to withhold from all payments of principal
of and interest on this Debenture any amounts required to be withheld under the
applicable provisions of the Federal and state income tax laws of the United
States at the time of such payments. If the Holder shall furnish to the Company
an Opinion of Counsel to the effect that no withholding is required under the
applicable provisions of such income tax laws of the United States, then the
Company shall not withhold any amounts from such payments.

                                   ARTICLE IV
                             REDEMPTION OF DEBENTURE

SECTION 4.1 RIGHT OF REDEMPTION

      (a) This Debenture may not be redeemed prior to February 7, 2002. With
respect to redemption on or after such date, this Debenture may be redeemed, at
the option of the

<PAGE>

Company, as a whole, upon not less than 30 nor more than 45 days' prior notice
to the Holder, by payment of the Redemption Price set forth in SECTION 4.1(B);
provided, however, that the Company's average Closing Price for its Common Stock
for the 30 consecutive Trading Days immediately prior to the date of notice of
redemption shall have equaled or exceeded $9.00 per share. Otherwise, the
Company shall not have any right, entitlement or option to redeem this
Debenture.

      (b) In the event this Debenture is called for redemption, unless
surrendered for conversion before the close of business on the fifth Business
Day next preceding the Redemption Date, the Company shall purchase this
Debenture by payment of 100% of the principal amount of this Debenture, together
with accrued and unpaid interest to the Redemption Date.

SECTION 4.2 APPLICABILITY OF ARTICLE

      Redemption of this Debenture, at the election of the Company, as permitted
by this Debenture, shall be made in accordance with this Article.

SECTION 4.3 NOTICE OF REDEMPTION

      Notice of redemption shall be given by first-class mail, postage prepaid,
mailed not less than 30 nor more than 45 days, prior to the Redemption Date, to
the Holder at the address set forth in the first paragraph of this Debenture or
at any other address previously furnished in writing by the Holder.

      A notice of redemption shall state:

            (1) the Redemption Date,

            (2) the Redemption Price,

            (3) that on the Redemption Date the Redemption Price will become due
      and payable upon this Debenture, and that interest thereon shall cease to
      accrue on said date,

            (4) the place where such Debenture is to be surrendered for payment
      of the Redemption Price, which shall be the office or agency of the
      Holder, and

            (5) the current conversion price of this Debenture, the place or
      places where this Debenture may be surrendered for conversion, and shall
      specify the time at which the right to convert this Debenture will
      terminate.

SECTION 4.4 DEBENTURE PAYABLE ON REDEMPTION DATE

      Notice of redemption having been given as aforesaid, this Debenture shall,
on the Redemption Date, become due and payable at the Redemption Price therein
specified and on such date (unless the Company shall default in the payment of
the Redemption Price) this Debenture shall cease to bear interest. Upon
surrender of this Debenture for redemption in accordance with said notice, this
Debenture shall be paid by the Company at the Redemption Price. If the
Redemption Date is on a day other than an Interest Payment Date, interest
accrued

<PAGE>

on this Debenture to be redeemed, from the immediately preceding Interest
Payment Date to the Redemption Date, shall be paid by the Company on the
Redemption Date to the Holder of this Debenture.

      If this Debenture called for redemption shall not be so paid upon
surrender thereof for redemption, the principal shall, until paid, bear interest
from the Redemption Date at the rate borne by this Debenture.

                                   ARTICLE V

                                   COVENANTS

SECTION 5.1 PAYMENT OF PRINCIPAL AND INTEREST

      The Company will duly and punctually pay the principal of and interest on
this Debenture in accordance with the terms of this Debenture.

SECTION 5.2 STATEMENT AS TO COMPLIANCE

      The Company will deliver to the Holder, within 120 days after the end of
each fiscal year, a written statement signed by the Chairman of the Board or the
President and by the Chief Financial Officer, the Treasurer or the Controller of
the Company, stating, as to each signer thereof, that:

            (1) a review of the activities of the Company during such year and
      of performance under this Debenture has been made under his supervision,
      and

            (2) to the best of his knowledge, based on such review, the Company
      has fulfilled all its obligations under this Debenture throughout such
      year, or, if there has been a default in the fulfillment of any such
      obligation, specifying each such default known to the signer and the
      nature and status thereof.

SECTION 5.3 CORPORATE EXISTENCE

      Subject to ARTICLE VII, the Company will do or cause to be done all things
necessary to preserve and keep in full force and effect its corporate existence,
and its corporate authority and rights (charter and statutory); PROVIDED,
HOWEVER, that the Company shall not be required to preserve any corporate
authority or rights if the Company shall determine that the preservation thereof
is no longer desirable in the conduct of the business of the Company and that
the loss thereof is not disadvantageous in any material respect to the Holder.

SECTION 5.4 PAYMENT OF TAXES AND OTHER CLAIMS

      The Company will pay or discharge or cause to be paid or discharged,
before the same shall become delinquent, (1) all taxes, assessments and
governmental charges levied or imposed upon its income, profits or property, and
(2) all lawful claims for labor, materials and supplies which, if unpaid, might
by law become a lien upon its property; PROVIDED, HOWEVER, that the Company
shall not be required to pay or discharge or cause to be paid or discharged any
such

<PAGE>

tax, assessment, charge or claim whose amount, applicability or validity is
being contested in good faith by appropriate proceedings.

SECTION 5.5 MAINTENANCE OF PROPERTIES

      The Company will cause all its properties used or useful in the conduct of
its business to be maintained and kept in good condition, repair and working
order and supplied with all necessary equipment and will cause to be made all
necessary repairs, renewals, replacements, betterments and improvements thereof,
all as in the judgment of the Company may be necessary so that the business
carried on in connection therewith may be properly and advantageously conducted
at all times; PROVIDED, HOWEVER, that nothing in this Section shall prevent the
Company from discontinuing the operation and maintenance of any of its
properties if such discontinuance is, in the judgment of the Company, desirable
in the conduct of its business and not disadvantageous in any material respect
to the Holder.

SECTION 5.6 DIVIDEND, REPURCHASE AND REDEMPTION RESTRICTIONS

      So long as this Debenture shall be outstanding, the Company will not
declare any dividends (other than dividends payable solely in stock of the
Company or in rights or warrants entitling the holders thereof to subscribe for
or to purchase stock of the Company) on any stock of the Company and will not
make, or permit any Subsidiary to make, any payment on account of the purchase,
redemption or other retirement (other than repurchases of stock upon officer,
director or employee terminations pursuant to written agreements) of any shares
of such stock or make, or permit any Subsidiary to make, any distribution in
respect thereof, except for distributions made by any Subsidiary of the Company
directly to the Company, either directly or indirectly, unless such dividends
are declared to be payable not more than 90 days after the date of declaration
and unless, after giving effect to such proposed dividend or other payment or
distribution and to any other dividends declared but not paid, at the date of
such declaration (in the case of a dividend) or of such other payment or
distribution (hereinafter called the "Computation Date") (1) there exists no
Event of Default (as defined herein) and (2) the sum of the aggregate amount of
all dividends declared and all such other payments and distributions made during
the period commencing February 7, 2000 to and including the Computation Date
shall not exceed an amount equal to the aggregate Consolidated Net Income
computed for the period commencing November 30, 1999, to and including the end
of the last fiscal quarter of the Company next preceding the date 15 days prior
to the Computation Date;

      For the purposes of any computation under this SECTION 5.6, the amount of
any dividend declared or other payment or distribution made in property other
than cash shall be deemed to be fair value (as determined by the Board of
Directors) of such property at the time of declaration (in the case of
dividends) or at the time of payment or distribution.

      Notwithstanding the foregoing provisions, the Company may purchase,
acquire or issue cash in respect of any fractional shares resulting from any
stock dividend, stock split, stock combination, recapitalization or
reorganization, provided that the aggregate amount so paid shall be included as
a payment in any calculation under the provisions of this SECTION 5.6.

<PAGE>

SECTION 5.7 WAIVER OF COVENANTS

      The Company may omit in any particular instance to comply with any
covenant or condition set forth in SECTIONS 5.4, 5.5, or 5.6, if before or after
the time for such compliance the Holder shall either waive such compliance in
such instance or generally waive compliance with such covenant or condition, but
no such waiver shall extend to or affect such covenant or condition except to
the extent so expressly waived, and, until such waiver shall become effective,
the obligations of the Company in respect of any such covenant or condition
shall remain in full force and effect.

SECTION 5.8 ACCOUNTANTS' CERTIFICATE

      At the time the statement required by SECTION 5.2 is filed, the Company
shall provide the Holder a letter or statement of the Independent public
accountants who shall have certified the financial statements of the Company for
its preceding fiscal year in connection with the annual report of the Company to
its stockholders for such year to the effect that, in making the examination
necessary for certification of such financial statements, they have obtained no
knowledge of any default by the Company in the performance or fulfillment of any
covenant, agreement or condition set forth in SECTIONS 5.4 and 5.6 hereof, which
default remains uncured at the date of such letter or statement, or, if they
shall have obtained knowledge of any such uncured default, specifying in such
letter or statement such default or defaults and the nature thereof, it being
understood that such accountants shall not be liable directly or indirectly for
failure to obtain knowledge of any such default or defaults.

SECTION 5.9 USURY LAWS

      The Company agrees:

            (1) not to insist upon, or plead, or in any manner whatsoever claim
      the benefit or the advantage of the Kansas usury law or the usury law of
      any other jurisdiction against the Holder in connection with any claim,
      action or proceeding which may be brought by the Holder in order to
      enforce any right or remedy hereunder; and

            (2) to resist any and all efforts to compel the Company to claim the
      benefit or the advantage of the Kansas usury law or the usury law of any
      other jurisdiction against the Holder in connection with any claim, action
      or proceeding which may be brought by the Holder in order to enforce any
      right or remedy under this Debenture.

                                   ARTICLE VI
                                    REMEDIES

SECTION 6.1 EVENTS OF DEFAULT

      "Event of Default," wherever used herein, means any one of the following
events (whatever the reason for such Event of Default and whether it shall be
occasioned by the provisions of ARTICLE VIII hereof or be voluntary or
involuntary or be effected by operation of

<PAGE>

law pursuant to any judgment, decree or order of any court or any order, rule or
regulation of any administrative or governmental body):

            (1) default in the payment of any interest upon this Debenture when
      the same becomes due and payable, and continuance of such default for a
      period of 30 days; or

            (2) default in the payment of the principal of this Debenture at its
      Maturity; or

            (3) default in the performance, or breach, of any covenant or
      warranty of the Company in this Debenture (other than a covenant or
      warranty a default in whose performance or whose breach is elsewhere in
      this Section specifically dealt with), and continuance of such default or
      breach for a period of 30 days after there has been given, by registered
      or certified mail, to the Company by the Holder, a written notice
      specifying such default or breach and requiring it to be remedied and
      stating that such notice is a "NOTICE OF DEFAULT" hereunder; or

            (4) default in the performance, or breach, of any covenant or
      warranty of the Company under the Superior Indebtedness, and the
      continuance of such Default or breach for a period of 60 days after there
      has been given, to the Company by the agent or trustee of the Superior
      Indebtedness, a written notice specifying such default or breach and
      requiring it to be remedied and stating such notice is a "NOTICE OF
      DEFAULT" under the Superior Indebtedness; or

            (5) a court having jurisdiction in the premises shall enter a decree
      or order for relief in respect of the Company in an involuntary case under
      any applicable bankruptcy, insolvency or other similar law now or
      hereafter in effect, or appointing a receiver, liquidator, assignee,
      custodian, trustee, sequestrator (or similar official) of the Company or
      for any substantial part of its property, or ordering the winding-up or
      liquidation of its affairs and such decree or order shall remain unstayed
      and in effect for a period of 60 consecutive days; or

            (6) the Company shall commence a voluntary case under any applicable
      bankruptcy, insolvency or other similar law now or hereafter in effect, or
      shall consent to the entry of an order for relief in an involuntary case
      under any such law, or shall consent to the appointment of or taking
      possession by a receiver, liquidator, assignee, trustee, custodian,
      sequestrator (or other similar official) of the Company or for any
      substantial part of its property, or shall make any general assignment for
      the benefit of creditors, or shall fail generally to pay its debts as they
      become due, or shall take any corporate action in furtherance of any of
      the foregoing.

SECTION 6.2 ACCELERATION OF MATURITY; RESCISSION; ANNULMENT AND STANDSTILL

      If an Event of Default occurs and is continuing, then the Holder may,
subject to the other provisions of this Debenture and the Subordination
Agreement, declare the principal of this Debenture to be immediately due and
payable, by a notice in writing to the Company, and upon any such declaration
such principal shall become immediately due and payable.

<PAGE>

      At any time after such a declaration of acceleration has been made, the
Holder, by written notice to the Company, shall rescind and annul such
declaration and its consequences if:

            (1) the Company has paid or deposited a sum sufficient to pay:

                  (A) All overdue installments of interest on this Debenture,

                  (B) the principal of this Debenture which has become due
            otherwise than by such declaration of acceleration and interest
            thereon at the rate borne by this Debenture,

                  (C) to the extent that payment of such interest is lawful,
            interest upon overdue installments of interest at a rate of 13% per
            annum, and

                  (D) the reasonable compensation, expenses, disbursements and
            advances of agents and counsel; and

            (2) all Events of Default, other than the non-payment of the
      principal of this Debenture which has become due solely by such
      acceleration, have been cured or waived by the Holder.

      No such rescission shall affect any subsequent default or impair any right
consequent thereon.

      Subject to the other provisions of this Debenture and the Subordination
Agreement, the Holder may not elect to accelerate the maturity of this Debenture
until it has first notified the agent or trustee of Superior Indebtedness in
writing (and provided a copy in writing of such notice to the Company) and shall
not take any of the following actions for a period ending on the earlier of (i)
180 days after the receipt of such notice by the holders of Superior
Indebtedness and the Company or (ii) payment in full of the Superior
Indebtedness:

                  (A) commencement or continuation of any action or proceeding
            against the Company, whether to reduce the claims of the Holder to
            judgment or to enforce the terms of this Debenture or otherwise;

                  (B) any act to obtain possession of property of the Company or
            to exercise control over property of the Company; or

                  (C) any act to create, perfect or enforce any lien against
            property of the Company.

SECTION 6.3 COLLECTION OF INDEBTEDNESS

      The Company covenants that if:

            (1) default is made in the payment of any installment of interest on
      this Debenture when such interest becomes due and payable and such default
      continues for a period of 30 days, or
<PAGE>

            (2) default is made in the payment of the principal of this
      Debenture at the Maturity thereof,

the Company will, upon demand of the Holder, pay to it, the whole amount then
due and payable on this Debenture for principal and interest, with interest upon
the overdue principal and, to the extent that payment of such interest shall be
legally enforceable, upon overdue installments of interest, at a rate of 13% per
annum; and, in addition thereto, such further amount as shall be sufficient to
cover the costs and expenses of collection, including the reasonable
compensation, expenses, disbursements and advances of the Holder, its agents and
counsel.

SECTION 6.4 UNCONDITIONAL RIGHT OF THE HOLDER TO RECEIVE PRINCIPAL AND
            INTEREST AND TO CONVERT

      Subject to the provisions of ARTICLE VIII hereof and the Subordination
Agreement, the Holder shall have the right, which is absolute and unconditional,
to receive payment of the principal of and interest on this Debenture on the
Stated Maturity (or, in the case of redemption, on the Redemption Date) and to
institute suit for the enforcement of any such payment and the right to convert
this Debenture in accordance with ARTICLE IX and to institute suit for its
enforcement, and such rights shall not be impaired without the consent of the
Holder.

SECTION 6.5 RESTORATION OF RIGHTS AND REMEDIES

      If the Holder has instituted any proceeding to enforce any right or remedy
under this Debenture and such proceeding has been discontinued or abandoned for
any reason, or has been determined adversely to the Holder, then and in every
such case, the Company and the Holder shall, subject to any determination in
such proceeding, be restored severally and respectively to their former
positions hereunder, and thereafter all rights and remedies of the Holder shall
continue as though no such proceeding (except for the situation in which there
was a determination adverse to the Holder) had been instituted.

SECTION 6.6 RIGHTS AND REMEDIES CUMULATIVE

      No right or remedy herein conferred upon or reserved to the Holder is
intended to be exclusive of any other right or remedy, and every right and
remedy shall, to the extent permitted by law, be cumulative and in addition to
every other right and remedy given hereunder or now or hereafter existing at law
or in equity or otherwise. The assertion or employment of any right or remedy
hereunder, or otherwise, shall not prevent the concurrent assertion or
employment of any other appropriate right or remedy.

SECTION 6.7 DELAY OR OMISSION NOT WAIVER

      No delay or omission of the Holder of this Debenture to exercise any right
or remedy accruing upon any Event of Default shall impair any such right or
remedy or constitute a waiver of any such Event of Default or an acquiescence
therein. Every right and remedy given by this Article or by law to the Holder
may be exercised from time to time, and as often as may be deemed expedient.

<PAGE>

                                  ARTICLE VII

                                MERGER, TRANSFER

SECTION 7.1 COMPANY MAY MERGE, ETC., ONLY ON CERTAIN TERMS

      The Company shall not (a) effect a reorganization within the meaning of
Section 368 of the Internal Revenue Code of 1986, as amended, or (b) merge into
any other person, firm or entity or (c) transfer all or substantially all of its
property or assets to any other person, firm or entity under any plan or
arrangement contemplating the exchange of the Company's stock or assets for
stock and/or other property (including cash) with, in the circumstance described
in this SECTION 7.1(C), the view to distributing such stock and/or other
property (including cash) to the Company's stockholders upon the dissolution of
the Company within 24 months after the date of such transfer, unless

            (1) the corporation which results from such reorganization, or into
      which the Company is merged or the Person which acquires by transfer the
      properties and assets of the Company substantially as an entirety shall be
      a corporation organized and existing under the laws of the United States
      of America or any State or the District of Columbia, and shall expressly
      assume the due and punctual payment of the principal of and interest on
      this Debenture and the performance of every covenant of this Debenture on
      the part of the Company to be performed or observed and all applicable
      provisions of ARTICLE IX shall be complied with by such corporation or
      Person, as the case may be;

            (2) immediately after giving effect to such transaction, no Event of
      Default, and no event which, after notice or lapse of time, or both, would
      become an Event of Default, shall have happened and be continuing; and

            (3) the Company has delivered to the Holder an Officers' Certificate
      stating that such reorganization, merger, or transfer comply with this
      Article and that all conditions precedent herein provided for relating to
      such transaction have been complied with and an opinion of counsel to be
      delivered to the Holder covering appropriate related topics.

                                  ARTICLE VIII

                           SUBORDINATION OF DEBENTURE

SECTION 8.1 AGREEMENT OF SUBORDINATION

      The Company covenants and agrees, and the Holder of this Debenture by
acceptance hereof likewise covenants and agrees, that this Debenture shall be
issued subject to the provisions of this ARTICLE VIII; and the Holder accepts
and agrees to be bound by such provisions.
<PAGE>

SECTION 8.2 PAYMENTS TO THE HOLDER

      No payment on account of principal of or interest on this Debenture shall
be made if any default or event of default with respect to any Superior
Indebtedness which permits the holders thereof (or any agent acting on their
behalf) to accelerate the maturity thereof shall have occurred and be
continuing.

      Upon any payment by the Company, or distribution of assets of the Company
of any kind or character, whether in cash, property or securities, to creditors
upon any dissolution or winding-up or total or partial liquidation or
reorganization of the Company, whether voluntary or involuntary or in
bankruptcy, insolvency, receivership or other proceedings, all amounts due or to
become due upon all Superior Indebtedness (including principal, premium, if any,
and interest due thereon) shall first be paid in full, or payment thereof
provided for, in money or money's worth, in accordance with its terms, before
any payment is made on account of the principal or interest on this Debenture;
and upon any such dissolution or winding-up or liquidation or reorganization or
any payment by the Company, or distribution of assets of the Company of any kind
or character, whether in cash, property or securities, to which the Holder would
be entitled, except for the provisions of this ARTICLE VIII, any such payment or
distribution of assets shall be paid, or delivered, as the case may be, by the
Company or by any receiver, trustee in bankruptcy, liquidating trustee, agent or
other Person making such payment or distribution directly to the holders of
Superior Indebtedness or their representative or representatives or to the
trustee or trustees under any indenture pursuant to which any instruments
evidencing any Superior Indebtedness may have been issued, as their respective
interests may appear, to the extent necessary to pay all Superior Indebtedness
in full, in money or money's worth, after giving effect to any concurrent
payment or distribution to or for the holders of Superior Indebtedness, before
any payment or distribution is made to the Holder.

      In the event that, notwithstanding the preceding paragraphs, any payment
by, or distribution of assets of, the Company of any kind or character, whether
in cash, property or securities, shall be received by the Holder before all
Superior Indebtedness is paid in full, such payment or distribution shall be
paid over or delivered to the holders of Superior Indebtedness or their
representative or representatives, or to the trustee or trustees under any
indenture pursuant to which any instruments evidencing any Superior Indebtedness
may have been issued, as their respective interests may appear, for application
to the payment of all Superior Indebtedness remaining unpaid to the extent
necessary to pay all Superior Indebtedness in full in money or money's worth in
accordance with its terms, after giving effect to any noncurrent payment or
distribution to or for the holders of such Superior Indebtedness.

      Upon any payment or distribution of assets of the Company referred to in
this ARTICLE VIII, the Holder shall be entitled to rely upon any order or decree
made by any court of competent jurisdiction in which any dissolution,
winding-up, liquidation or reorganization proceedings are pending, or a
certificate of the receiver, trustee in bankruptcy, liquidating trustee, agent
or other Person making such payment or distribution, delivered to the Holder,
for the purpose of ascertaining the Persons entitled to participate in such
payment or distribution, the holders of the Superior Indebtedness and other
indebtedness of the Company, the amount thereof or payable thereon, the amount
or amounts paid or distributed thereon and all other facts pertinent thereto or
to this ARTICLE VIII.
<PAGE>

      For purposes of this ARTICLE VIII, the words, "cash, property or
securities" shall not be deemed to include shares of stock of the Company as
reorganized, or securities of the Company or any other corporation provided for
by a plan of reorganization, the payment of which is subordinated at least to
the extent provided in this ARTICLE VIII with respect to this Debenture to the
payment of all Superior Indebtedness which may at the time be outstanding;
PROVIDED that (i) Superior Indebtedness is assumed by the new reorganization,
and (ii) the rights of the holders of the Superior Indebtedness are not, without
the consent of such holders, altered by such reorganization. The consolidation
of the Company with, or into another corporation or the liquidation or
dissolution of the Company following the conveyance, lease or transfer of its
property as an entirety, or substantially as an entirety, to another corporation
upon the terms and conditions provided in ARTICLE VII hereof shall not be deemed
a dissolution, winding-up, liquidation or reorganization for the purposes of
this SECTION 8.2 if such other corporation or Person shall, as a part of such
consolidation, merger, conveyance, lease or transfer, comply with the conditions
stated in ARTICLE VII hereof.

      Nothing contained in this ARTICLE VIII or elsewhere in this Debenture is
intended to or shall impair, as between the Company, its creditors other than
the holders of Superior Indebtedness, and the Holder, the obligation of the
Company, which is absolute and unconditional, to pay to the Holder the principal
of and interest on this Debenture as and when the same shall become due and
payable in accordance with its terms, or is intended to or shall affect the
relative rights of the Holder and creditors of the Company other than the
holders of the Superior Indebtedness, nor shall anything herein prevent the
Holder from exercising all remedies otherwise permitted by applicable law upon
default, subject to the rights, if any, under this ARTICLE VIII of the holders
of Superior Indebtedness in respect of cash, property or securities of the
Company received upon the exercise of any such remedy.

      If the Company fails because of this ARTICLE VIII to pay principal of or
interest on this Debenture on the due date, the failure is still an Event of
Default.

SECTION 8.3 INTENTIONALLY OMITTED

SECTION 8.4 HOLDER'S RELATION TO SUPERIOR INDEBTEDNESS

      The Holder shall be entitled to all the rights set forth in this ARTICLE
VIII in respect of any Superior Indebtedness at any time held by it, to the same
extent as any other holder of Superior Indebtedness, and nothing herein shall
deprive the Holder of any of its rights.

      With respect to the holders of Superior Indebtedness, the Holder
undertakes to perform or to observe only such of its covenants and obligations
as are specifically set forth in this ARTICLE VIII, and no implied covenants or
obligations with respect to the holders of Superior Indebtedness shall be read
into this Debenture against the Holder. The Holder shall not be deemed to owe
any fiduciary duty to the holders of Superior Indebtedness.

SECTION 8.5 NO IMPAIRMENT OF SUBORDINATION

      No right of any present or future holder of any prior Superior
Indebtedness to enforce subordination as herein provided shall at any time in
any way be prejudiced or impaired by any act or failure to act on the part of
the Company or by any act or failure to act, in good faith, by

<PAGE>

any such holder, or by any noncompliance by the Company with the terms,
provisions and covenants of this Debenture, regardless of any knowledge thereof
which any such holder may have or otherwise be charged with.

                                   ARTICLE IX

                             CONVERSION OF DEBENTURE

SECTION 9.1 CONVERSION PRIVILEGE

      The Holder shall have the right at its option, at any time during usual
business hours on or before the close of business on or prior to February 7,
2005 (except that, with respect to this Debenture which shall be called for
redemption, such right shall terminate at the close of business on the fifth
Business Day next preceding the Redemption Date of this Debenture, unless the
Company shall default in payment due upon redemption thereof) to convert,
subject to and in compliance with the terms and provisions of this ARTICLE IX,
the principal of this Debenture or any portion of the principal amount thereof
into shares of Common Stock of the Company at a conversion price equal to $3.00
aggregate principal amount of this Debenture for each share of Common Stock or,
in case an adjustment of such price has taken place pursuant to the provisions
of this ARTICLE IX, then at the price as last adjusted (referred to herein as
the "conversion price"), upon surrender of this Debenture to the Company at its
office in Overland Park, Kansas with the form of conversion notice included
herewith as EXHIBIT B executed by the Holder (hereinafter referred to as the
"conversion notice") evidencing the Holder's intention to convert this Debenture
or a specified portion (as above provided) hereof, specifying the name in which
the shares of Common Stock deliverable upon such conversion shall be registered,
with the address of the Person (and taxpayer identification numbers, if
applicable) so named, and, if so required by the Company accompanied by a
written instrument or instruments of transfer in form satisfactory to the
Company duly executed by the Holder or his attorney duly authorized in writing.
For convenience, the conversion of the principal of this Debenture into Common
Stock is herein sometimes referred to as the "conversion" of this Debenture.
Notwithstanding anything to the contrary, the Holder shall not be entitled to
make a partial conversion of this Debenture unless such partial conversion
results in the issuance of no less than 10,000 shares of Common Stock of the
Company by the Holder.

SECTION 9.2 EXERCISE OF CONVERSION PRIVILEGE

      As promptly as practicable after the surrender, as herein provided, of
this Debenture for conversion and the receipt of the conversion notice, as
herein provided, relating thereto, and, if applicable, the payment of the funds
provided for in SECTION 9.10 hereof, the Company shall deliver or cause to be
delivered at said office or agency, to or upon the written order of the Holder
of this Debenture so surrendered, a certificate representing the number of
fully-paid and non-assessable shares of Common Stock into which this Debenture
may be converted in accordance with the provisions of this ARTICLE IX,
registered in such name as is specified in the conversion notice, together with
any cash payable in respect of a fractional share. In case the Debenture shall
be surrendered for partial conversion, the Company shall execute and deliver to
or upon the written order of the Holder, without charge to the Holder (subject
to the provisions of SECTION 9.10 hereof), a new Debenture in an aggregate
principal amount equal to the unconverted

<PAGE>

portion of the surrendered Debenture. Subject to the following provisions of
this paragraph, such conversion shall be deemed to have been effected at the
close of business on the date when this Debenture shall have been surrendered
for conversion together with the conversion notice and any funds required by
SECTION 9.10 hereof (whichever shall last occur; the date of the last of such
events to occur is sometimes referred to hereinafter as the "Conversion Date"),
so that the rights of the Holder as such Holder shall cease at such time and the
Person entitled to receive the shares of Common Stock upon conversion of this
Debenture shall be treated for all purposes as having become the record holder
of such shares of Common Stock at such time and such conversion shall be at the
conversion price in effect at such time; PROVIDED, HOWEVER, that no such
surrender on any date when the stock transfer books of the Company shall be
closed shall be effective to constitute the Person entitled to receive the
shares of Common Stock upon such conversion as the record holder of such shares
of Common Stock of such date, but such surrender shall be effective to
constitute the Person entitled to receive such shares of Common Stock as the
record holder thereof for all purposes at the opening of business on the next
succeeding Business Day on which such stock transfer books are open.

      If the last day for the exercise of the conversion right at the place of
surrender shall not be a Business Day, then the last day for the exercise of
such right at such place shall be the next succeeding Business Day.

SECTION 9.3 NO CONVERSION ADJUSTMENTS

      No payment or adjustment shall be made upon any conversion in respect of
any dividends on the Common Stock delivered upon conversion which were declared
for payment to holders of Common Stock of record as of a date prior to the
Conversion Date.

SECTION 9.4 ADJUSTMENT OF CONVERSION PRICE

      The conversion price shall be subject to adjustment as follows:

      (a) In case the Company shall (i) pay a dividend in shares of its capital
stock, (ii) subdivide its outstanding shares of Common Stock, (iii) combine its
outstanding shares of Common Stock into a smaller number of shares, or (iv)
issue by reclassification of its shares of Common Stock any shares of the
Company, the conversion price in effect immediately prior thereto shall be
adjusted so that the holder of this Debenture thereafter surrendered for
conversion shall be entitled to receive the number of shares of the Company
which he would have owned or have been entitled to receive after the happening
of any of the events described above, had this Debenture been converted
immediately prior to the happening of such event. An adjustment made pursuant to
this subsection (a) shall become effective immediately after the record date in
the case of a dividend and shall become effective immediately after the
effective date in the case of a subdivision, combination or reclassification.

      (b) In case the Company shall issue Additional Shares of Common Stock at a
price per share of Common Stock less than the current conversion price in effect
on the date of and immediately prior to such issue, then, and in such event, the
price per share at which this Debenture may thereafter be converted into Common
Stock shall be determined by dividing the price per share for which this
Debenture was theretofore convertible into Common Stock by a

<PAGE>

fraction of which the numerator shall be the number of shares of Common Stock
outstanding on the date of issuance of such Additional Shares of Common Stock
plus the number of Additional Shares of Common Stock offered for subscription or
purchase, and of which the denominator shall be the number of shares of Common
Stock outstanding on the date of issuance of such Additional Shares of Common
Stock plus the number of shares which the aggregate offering consideration of
the total number of Additional Shares of Common Stock so offered would purchase
at such current conversion price. Such adjustments shall be made whenever such
Additional Shares of Common Stock are issued. For the purpose of this subsection
(b), the term "Additional Shares of Common Stock" shall mean all shares of
Common Stock, plus rights, options or warrants to subscribe for, purchase or
otherwise acquire shares of Common Stock, or securities convertible or
exchangeable into shares of Common Stock; provided, however, that such term
shall not mean stock awards, rights, options or warrants granted to directors,
management or employees of the Company pursuant to any director, management or
employee plans approved by the Board of Directors of the Company.

      (c) In case the Company shall distribute to all holders of its Common
Stock evidences of its indebtedness or assets (excluding cash dividends or other
cash distributions to the extent permitted by SECTION 5.6 hereof) or rights or
warrants to subscribe (excluding those referred to in subsection (b) above other
than pursuant to a shareholder's rights plan) for shares of Common Stock, then
in each such case the price per share at which this Debenture may thereafter be
converted into Common Stock shall be determined by dividing the price per share
for which this Debenture was theretofore convertible into Common Stock by a
fraction, of which the numerator shall be the current market price per share of
Common Stock (as defined in subsection (d) below) on the date of such
distribution and of which the denominator shall be such current market price per
share of the Common Stock, less the then fair market value (as determined by the
Board of Directors of the Company, whose determination shall be conclusive, and
described in a statement provided to the Holder of this Debenture) of the
portion of the assets or evidences of indebtedness so distributed or of such
subscription rights or warrants applicable to one share of the Common Stock.
Such adjustment shall be made whenever any such distribution is made and shall
become effective retroactively immediately after the record date for the
determination of stockholders entitled to receive such distribution.

      (d) For the purpose of any computation under subsection (c) above, the
current market price per share of Common Stock at any date shall be deemed to be
the average of the daily Closing Prices for the 30 consecutive Trading Days
commencing 45 Trading Days before the day in question.

      (e) For the purposes of this ARTICLE IX, any change solely in the par
value of the Common Stock or from par value to no par value or from no par value
to par value of such stock, shall not be deemed to be a reclassification or
recapitalization.

SECTION 9.5 FRACTIONS OF SHARES

      No fractional shares or script representing fractional shares shall be
issued upon the conversion of this Debenture. If any fractional interest in a
share of Common Stock would, except for the provisions of this SECTION 9.5, be
deliverable upon the conversion of this Debenture, the Company shall, in lieu of
delivering a fractional share therefor, adjust such

<PAGE>

fractional interest by paying the Holder an amount in cash equal (computed to
the nearest cent) to the Closing Price of such fractional interest on the
Trading Day next preceding the date of conversion.

SECTION 9.6 EFFECT OF MERGERS, ETC., ON CONVERSION PRIVILEGE

      In case of any capital reorganization, or of any reclassification of the
Common Stock (other than a reclassification covered by SECTION 9.4(a)(iv)), of
the Company or in case of the merger of the Company into any other corporation,
or of any transfer of the type described in SECTION 7.1(C) of the properties and
assets of the Company as, or substantially as, an entirety to any other
corporation, there shall be no adjustment of the conversion price pursuant to
SECTION 9.4 hereof, but this Debenture shall, after such capital reorganization,
reclassification of Common Stock, merger or transfer, be convertible into the
kind and amount of shares of stock or other securities or property (including
cash) to which the holder of the number of shares of Common Stock deliverable
(immediately prior to the time of such capital reorganization, reclassification
of Common Stock, merger or transfer) upon conversion of this Debenture would
have been entitled upon such capital reorganization, reclassification of Common
Stock, merger, or transfer; and in any case, if necessary, appropriate
adjustment shall be made in the application of the provisions set forth in this
ARTICLE IX with respect to the rights and interests thereafter of the Holder of
this Debenture, to the end that the provisions set forth in this ARTICLE IX
shall thereafter correspondingly be made applicable, as nearly as may reasonably
be, in relation to any shares of stock or other securities or property
(including cash) thereafter deliverable on the conversion of this Debenture. Any
such adjustment shall be confirmed as being accurately determined in accordance
with this SECTION 9.6 by a certificate of a firm of Independent public
accountants; and any adjustment so approved shall for all purposes hereof
conclusively be deemed to be an appropriate adjustment.

      The above provisions of this SECTION 9.6 shall similarly apply to
successive reorganizations, reclassifications, mergers, or transfers.

SECTION 9.7 NOTICE OF ADJUSTMENTS

      Whenever the conversion price is adjusted as herein provided, the Company
shall promptly provide the Holder a certificate of a firm of Independent public
accountants with respect thereto setting forth the conversion price after such
adjustment and setting forth a brief statement of the facts requiring such
adjustment and the effective date thereof.

      The Company shall also forthwith cause to be mailed to the Holder a notice
stating that the conversion price has been adjusted and setting forth the
adjusted conversion price.

SECTION 9.8 NOTICE OF CERTAIN EVENTS

      In case:

            (1) the Company shall declare a dividend payable, or shall make any
      other distribution of its Common Stock (excluding cash dividends or other
      cash distributions to the extent permitted by SECTION 5.6 hereof); or
<PAGE>

            (2) the Company shall authorize the granting to all the holders of
      its Common Stock of rights or warrants to subscribe for or purchase any
      shares of stock of any class or of any other rights or warrants; or

            (3) of any capital reorganization or reclassification of the Common
      Stock of the Company (other than a subdivision or combination or change in
      the par value of its outstanding Common Stock), or of any merger to which
      the Company is a party and for which approval of any stockholders of the
      Company is required, or of any transfer described in SECTION 7.1(C) of all
      or substantially all of the assets of the Company, in the event any such
      merger or transfer will result in a change in the shares held by the
      holders of Common Stock; or

            (4) of the voluntary or involuntary dissolution, liquidation or
      winding-up of the Company;

then the Company shall cause to be mailed to the Holder, as promptly as
practicable but in any event at least 10 days prior to the applicable record
date, entitlement date or effective date hereinafter specified, a notice stating
(x) the date on which a record is to be taken for the purpose of such dividend,
distribution or granting of rights (the "record date"), or, if a record is not
to be taken, the date or anticipated date as of which the holders of Common
Stock of record to be entitled to such dividend, distribution or granting of
rights are to be determined (the "entitlement date"), or (y) the date or
anticipated date on which such capital reorganization, reclassification, merger,
transfer, dissolution, liquidation or winding-up is expected to become effective
(the "effective date"), and which notice, in the case of the notice specified in
clause (y), shall also state the date as of which it is expected that holders of
Common Stock of record shall be entitled to exchange their shares of Common
Stock for securities or other property deliverable upon such capital
reorganization, reclassification, merger, transfer, dissolution, liquidation or
winding-up.

SECTION 9.9 COMPANY TO RESERVE COMMON STOCK; LISTING

      The Company covenants that it will at all times reserve and keep
available, free from pre-emptive rights, out of the aggregate of its authorized
but unissued Common Stock or its issued Common Stock held in its treasury, or
both, for the purpose of effecting conversions of this Debenture, the full
number of shares of Common Stock then deliverable upon the conversion of this
Debenture; and if at any time the number of authorized but unissued shares of
Common Stock shall not be sufficient to effect the conversion of this Debenture,
the Company will take such corporate action as may in the opinion of its counsel
be necessary to increase its authorized but unissued Common Stock to such number
of shares as shall be sufficient for that purpose.

      Before taking any action which would cause an adjustment reducing the
conversion price below the then par value (if any) of the shares of Common Stock
issuable upon conversion of this Debenture, the Company will take any corporate
action which may, in the opinion of its counsel, be necessary in order that the
Company may validly and legally issue fully paid and nonassessable shares of
such Common Stock at such adjusted conversion price.

      The Company covenants that if any shares of Common Stock reserved for
conversion of this Debenture require listing upon any national securities
exchange before such shares may be

<PAGE>

delivered upon conversion, the Company will in good faith, and as expeditiously
as possible, endeavor to cause such shares to be duly listed.

SECTION 9.10      TAXES ON CONVERSIONS

      The Company will pay any and all documentary, stamp or similar issue or
transfer taxes payable in respect of the issue or delivery of shares of Common
Stock on conversion of this Debenture pursuant hereto; PROVIDED, HOWEVER, that
the Company shall not be required to pay any tax which may be payable in respect
of any registration of transfer involved in the issue or delivery of Common
Stock in a name other than that of the Holder of this Debenture to be converted,
and no such issue or delivery shall be made unless and until the Person
requesting such issue has paid to the Company the amount of any such tax or has
established, to the satisfaction of the Company, that such tax has been paid.

                                   ARTICLE X

                                  MISCELLANEOUS

SECTION 10.1      AMENDMENT

      This Debenture may only be amended pursuant to a writing signed by the
Company and the Holder.

SECTION 10.2      SUCCESSORS AND ASSIGNS

      This Debenture shall be binding upon and inure to the benefit of the
Company and its successors and assigns and the Holder, its successors and
permitted assigns, as the case may be.

SECTION 10.3      SEVERABILITY

      Whenever possible, each provision of this Debenture shall be interpreted
in such manner as to be effective and valid under applicable law, but if any
provision of this Debenture shall be held to be prohibited by or invalid under
applicable law, such provision shall be ineffective only to the extent of such
prohibition or invalidity, without invalidating the remainder of such provision
or the remaining provisions of this Debenture.

SECTION 10.4      CAPTIONS

      The captions used in this Debenture and in the Exhibits hereto are for
convenience only and do not constitute a part of this Debenture or such
Exhibits.

SECTION 10.5      COMPLETE AGREEMENT

      This Debenture and the Exhibits hereto, along with the Investment
Agreement and the Subordination Agreement, contains the complete agreement
between the parties and supersede any prior understandings, agreements or
representations by or between the parties, written or oral, which may have
related to the subject matter hereof in any way.
<PAGE>

SECTION 10.6      CHOICE OF LAW

      All questions concerning the construction, validity and interpretation of
this Debenture and the Exhibits hereto shall be governed by the laws of the
State of Kansas (without regard to the conflict of laws principles thereof).

SECTION 10.7      EXPENSES

      Except as set forth in the Investment Agreement, each of the parties
hereto will pay all of its own costs and expenses of negotiation, performance
and enforcement of and compliance with this Debenture, including attorneys'
fees.

SECTION 10.8      COUNTERPART EXECUTION

      This Debenture may be executed in any number of counterparts with the same
effect as if all the parties hereto had signed the same document. All
counterparts shall be construed together and shall constitute one agreement.

SECTION 10.9      LEGAL HOLIDAYS

      In any case where the date of any Interest Payment Date or a Redemption
Date, or the Stated Maturity of this Debenture, or the last date on which the
Holder has the right to convert this Debenture (or the right to convert this
Debenture at a particular conversion price or rate) shall not be a Business Day,
then (notwithstanding any other provision of this Debenture) payment of the
principal of or interest on, or conversion of, this Debenture need not be made
on such date, but may be made on the next succeeding Business Day with the same
force and effect as if made on the nominal date of any such Interest Payment
Date or Redemption Date or Stated Maturity, or on such last date for conversion,
and no interest shall accrue for the period from and after such nominal date.

<PAGE>

      IN WITNESS WHEREOF, the parties hereto have caused this Debenture to be
duly executed as of the day and year above written.

                                    AIRPORT SYSTEMS INTERNATIONAL, INC.

                                    By:  _____________________________________
                                                  President

Attest:

----------------------------------
      Secretary

                                    KCEP VENTURES II, L.P.

                                    By:  _____________________________________
                                                   Partner

<PAGE>

                                 ACKNOWLEDGEMENT

STATE OF ___________    )
                        ) ss:
COUNTY OF ___________   )

      On this ______ day of ___________, in the year, 2000, before me, the
undersigned, a notary public of the State of ___________, duly commissioned and
sworn, personally appeared __________________ and ___________________;
personally known to me or proved to me on the basis of satisfactory evidence to
be the persons who executed the within instrument as the President, and
Secretary, respectively, of Airport Systems International, Inc., a Kansas
corporation, and acknowledged to me that such corporation executed the within
instrument pursuant to a resolution of its Board of Directors.

      IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official
seal in the county and state aforesaid on the day and year in this certificate
first above written.

(SEAL)
                                    _____________________________________
                                          Notary Public
                                          State of ___________

STATE OF ___________    )
                        ) ss:
COUNTY OF ___________   )

      On this _____ day of ____________, in the year 2000, before me, the
undersigned, a notary public of the State of ___________, duly commissioned and
sworn, personally appeared ___________________, personally known to me or proved
to me on the basis of satisfactory evidence to be the person who executed the
within instrument as ___________________ of KCEP VENTURES II, L.P., and
acknowledged to me that such partnership executed the within instrument pursuant
to a resolution of its _________________.

      IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official
seal in the county and state aforesaid on the day and year in this certificate
first above written.

(SEAL)
                                    _____________________________________
                                          Notary Public
                                          State of ___________

<PAGE>

                                    EXHIBIT A

                             SUBORDINATION AGREEMENT

<PAGE>

                                    EXHIBIT B

                                CONVERSION NOTICE

To:   AIRPORT SYSTEMS INTERNATIONAL, INC.

      The undersigned registered holder of this Debenture hereby irrevocably
exercises the option to convert this Debenture, or a portion thereof, into
shares of Common Stock of Airport Systems International, Inc. in accordance with
the terms of this Debenture and directs that the shares issuable and deliverable
upon the conversion, together with any check in payment for fractional shares be
issued and delivered to the registered holder hereof unless a different name has
been indicated below. Unless otherwise directed, a new Debenture representing
any unconverted principal amount hereof shall be delivered to the registered
holder hereof. If shares are to be issued in the name of a person other than the
undersigned, this Debenture must be duly endorsed by or accompanied by
instruments of transfer in form satisfactory to Airport Systems International,
Inc. duly executed by the undersigned and the undersigned will pay all transfer
taxes payable with respect thereto.

Dated:

If different from that of the Holder, print name,
address (including zip code)and Social Security
or other taxpayer identification number of        _____________________________
person in whose name the Common Stock will        Signature of Holder
be issued.

                                                  Signature Guaranteed

                                                  _____________________________

_________________________________
Name

                                       SOCIAL SECURITY        Principal amount
                                      OR OTHER TAXPAYER       to be converted
                                     IDENTIFYING NUMBER      (if less than all)

------------------------------------------------------------
Address
                                                            $___________________
------------------------------------------------------------
Please print name and address
(including zip code number)

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