Document:

RESTRICTED STOCK AWARD
                             ----------------------

         THIS STOCK AWARD ("Award") is granted this third day of January, 2005
by Westell Technologies, Inc., a Delaware corporation ("Westell Technologies")
to _______________ (the "Executive").

         WHEREAS, Westell Technologies is of the opinion that its interests will
be advanced by granting Executive a proprietary interest in Westell
Technologies, thus providing Executive with a more direct stake in Westell
Technologies' welfare and creating a closer relationship between Executive's
interests and those of Westell Technologies;

         NOW, THEREFORE, in consideration of services rendered to Westell
Technologies by the Executive and the services and other conditions required
hereunder, Westell Technologies hereby grants this Award to Executive pursuant
to the WESTELL TECHNOLOGIES, INC. 2004 STOCK INCENTIVE PLAN on the terms
expressed herein.

         1. Stock Award. Westell Technologies hereby grants to Executive an
award of ___________shares of Class A common stock of Westell Technologies (the
"Award Shares"), subject to the forfeiture and nontransferability provisions set
forth in Sections 2 and 3, respectively, and the other terms and conditions set
forth herein.

         2. Restrictions. Except for such proportions as shall have been
released pursuant to Section 4 from the forfeiture period set forth in Section
3, the Executive shall not sell, assign, transfer, convey, pledge, hypothecate,
encumber, donate or otherwise dispose of any of the Award Shares under any
conditions (and any disposition or attempted disposition shall be void and of no
force or effect whatsoever) until June 1, 2008, at which time the Award Shares
shall be released from the restrictions herein if the Executive is then an
employee of Westell Technologies or its subsidiaries.

         3. Forfeiture. Except for such partial vesting as may occur pursuant to
Section 4 below, if the Executive's employment with Westell Technologies or its
subsidiaries terminates prior to June 1, 2008, for any reason, whether such
termination is voluntary or involuntary and whether it occurs by reason of
resignation, removal, or otherwise, any Award Shares not yet vested shall be
immediately forfeited and returned to Westell Technologies without any payment
or other consideration for the shares. In connection therewith, Executive has
executed and delivered to Westell Technologies stock powers endorsed in blank
and grants Westell Technologies an irrevocable power of attorney to transfer
forfeited Award Shares to Westell Technologies.

         4. Vesting. (a) On June 1, 2008, all of the Award Shares shall become
vested and nonforfeitable if Executive is then an employee of Westell
Technologies or its subsidiaries.

     (b) In the event of termination of employment with Westell Technologies or
its subsidiaries prior to June 1, 2008 by reason of death, Disability or
termination by Executive's employer without Cause, a number of Award Shares

<PAGE>

shall vest equal to the number of Award Shares granted hereunder multiplied by a
fraction, the numerator of which is the number of months (including fractions
thereof) that have elapsed from and including January 1, 2005 through and
including the date of termination and the denominator of which is forty-one
(41). Employment shall not be deemed terminated merely because Executive's
employment may change from Westell Technologies or a subsidiary thereof to
another of those companies.

     (c) Disability" shall be deemed to exist upon expiration of any applicable
waiting period for Executive's eligibility for benefits under any long term
disability plan maintained Westell Technologies, Inc. or in the absence of such
a plan, in a manner consistent with Westell's policies.

     (d) "Cause" shall have the same definition as set forth in Executive's
employment or severance agreements with Westell Technologies or a subsidiary
thereof, or, in the absence of an employment agreement or severance agreement
containing such definition, then Cause shall mean termination of Executive's
employment by Westell Technologies' or its subsidiary employing Executive
because of: (i) the continued failure of the Executive to comply timely (when
action is required in the interest of Westell Technologies and its subsidiaries
or their commitments), with specific directions of the Board of Executive's
employer after a cure period determined by that Board, as communicated in a
written notice from that Board or appropriate senior officer, which notifies him
of the specific failure to comply; or the taking of any action contrary to
specific direction of such Board, or (ii) failure to comply with written
policies of Westell Technologies or its subsidiaries regarding expenditure
authority or otherwise, or iii) the engaging by the Executive in willful,
reckless or grossly negligent misconduct which, in the good faith determination
of the Board of Executive's employer, is materially injurious to the Westell
Technologies and its subsidiaries, their clients or their reputations,
monetarily or otherwise, or (iv) the aiding or abetting a competitor or other
breach by the Executive of his fiduciary duty of loyalty to Westell Technologies
and its subsidiaries; or (v) a breach (other than an immaterial and inadvertent
breach) by Executive of his obligations of confidentiality or nondisclosure or
(if applicable) any breach of his obligations of noncompetition or
nonsolicitation under any written agreement in effect between Executive and
Westell Technologies or its subsidiaries; or (vi) unlawful use or possession of
illegal drugs on the premises of Westell Technologies or its subsidiaries; or
(vii) conviction of Executive or pleading guilty or no contest to any felony or
crime involving moral turpitude.

         5. Legend. Certificates representing the Award Shares (and any shares
received in respect of the Award Shares as contemplated by Paragraph 7) shall
bear a legend as follows:

          "THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO
          RESTRICTIONS SET FORTH IN A RESTRICTED STOCK AWARD AGREEMENT BETWEEN
          THE COMPANY AND THE HOLDER DATED JANUARY 3, 2005, A COPY OF SUCH

                                       2

<PAGE>

          AGREEMENT MAY BE OBTAINED BY THE HOLDER HEREOF AT THE COMPANY'S
          PRINCIPAL PLACE OF BUSINESS WITHOUT CHARGE."

         6. Dividends. Executive shall be entitled to receive and retain all
dividends and other distributions paid on the Award Shares granted under this
Award that have not been forfeited. Executive shall not be entitled to receive
any dividends or other distributions on any Award Shares that are paid after the
Award Shares have been forfeited.

         7. Adjustments and Certain Distributions. In the event that, prior to
the termination of the restrictions hereunder on all the Award Shares, Westell
Technologies shall have effected one or more stock splits, stock dividends or
other increases of its common stock outstanding without receiving consideration
therefor, all stock received by Executive in respect of the Award Shares that
are then subject to the restrictions and risk of forfeiture hereunder shall also
be held subject to such restrictions and risk of forfeiture. In addition, any
stock or other securities of any Westell Technologies subsidiaries received by
Executive in respect of any Award Shares that are then subject to the
restrictions and risk of forfeiture hereunder shall also be held subject to such
restrictions and risk of forfeiture.

         8. Non-Transferability. This Award and the rights and privileges
conferred by this Award are personal to Executive and shall not, until vested,
be sold, assigned, transferred, conveyed, pledged, hypothecated, encumbered or
donated in any way (whether by operation of law or otherwise) and shall not be
subject to execution, attachment or similar process.

         9. Withholding Taxes. Not withstanding anything to the contrary in this
Award, the lapse of restrictions on the Award Shares is further conditioned on
any applicable withholding taxes having been collected by lump sum payroll
deduction or by direct payment by the Executive to Westell Technologies. If
Executive does not make such payment when requested, Westell Technologies may
refuse to deliver the Award Shares and to remove the legend on the Award Shares
unless and until arrangements satisfactory to Westell Technologies for such
payment have been made.

         10. Not a Contract of Employment. This Award does not entitle Executive
to be employed by Westell Technologies or its subsidiaries for any specific
period of time.

                                       3

<PAGE>

         IN WITNESS WHEREOF, Westell Technologies has caused this Award to be
granted on the date first above written.

                                       Westell Technologies, Inc.

                                       By:
                                          --------------------------------------
                                       Title______________________________

ACCEPTED:

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

                                       4

<PAGE>

ASSIGNMENT SEPARATE FROM CERTIFICATE

             ASSIGNMENT OF RESTRICTED STOCK THAT HAS BEEN FORFEITED
                   UNDER TERMS OF JANUARY 3, 2005 STOCK AWARD

     FOR VALUE RECEIVED, the undersigned does hereby assign and transfer to
Westell Technologies, Inc., ________________________shares of Class A Common
Stock of Westell Technologies, Inc., standing in the name of the undersigned on
the books of the corporation represented by Certificate No. ____________, and
does hereby irrevocably constitute and appoint ________________ to transfer said
stock on the books of the corporation with full power of substitution in the
premises.

         Dated:  _____________________________

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

                                       5EXHIBIT 4.3

                  Incorporated Under the Laws of Delaware

  Number                                                      Shares
   -0-                                                          -0-

                         AMCON DISTRIBUTING COMPANY

                    Series B Convertible Preferred Stock

                 80,000 Shares Authorized; $.01 Par Value

This Certifies that                               is the owner of
                   -------------------------------               -----------
                       Shares of the Capital Stock of
----------------------

                        AMCON Distributing Company

transferable only on the books of the Corporation by the holder hereof in
person or by Attorney upon surrender of this Certificate properly endorsed.

In Witness Whereof she said Corporation has caused this Certificate to be
signed by its duly authorized officers and its Corporate Seal to be hereunto
affixed

                this              day of             A.D.
                    --------------      -------------    -------------

--------------------------------           ---------------------------------
                       President                                   Secretary

The shares represented by this certificate have not been registered under the
Securities Act of 1933, as amended (the "Act"), or any state securities laws.
These shares have been acquired for investment and not with a view to
distribution or resale, and may not be sold, pledged, hypothecated, donated
or otherwise transferred, whether or not for consideration, without an
effective registration statement under the Act, and any applicable state
securities laws, or an opinion of counsel satisfactory to the Corporation
that such registration is not required with respect to the proposed
disposition thereof and that such disposition will not cause the loss of the
exemption upon which the Corporation relied in selling such shares of the
original purchaser.

The Corporation will furnish without charge to each stockholder who so
requests the powers, designations, preferences and relative, participating,
optional or other special rights of each call of stock or series thereof and
the qualifications, limitations or restrictions of such preferences and/or
rights.

For Value Received,                   hereby sell, assign and transfer unto
                   -------------------
                                              Shares of the Capital Stock
-----------------------  ---------------------
represented by the within Certificate, and do hereby irrevocably constitute
and appoint                             , to transfer the said Stock on the
            ----------------------------
books of the within named Corporation with full power of substitution in the
premises.

Dated                    A.D.
      ------------------     -----------

In presence of
              ---------------------------------

NOTICE.  THE SIGNATURE OF THIS ASSIGNMENT WITH THE NAME AS WRITTEN UPON THE
FACE OF THE CERTIFICATE, IN EVERY PARTICULAR, WITHOUT ALTERNATION OR
ENLARGEMENT, OR ANY CHANGE WHATEVER.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}]]