Document:

Exhibit 10(c) xxiv

[Insert Name of
Employee]

American
Science & Engineering, Inc.

2005 Equity and Incentive Plan

Restricted Stock
Award Agreement

American Science &
Engineering, Inc.

829 Middlesex Turnpike

Billerica, MA 01821

Ladies and Gentlemen:

The undersigned (i) acknowledges
that [he/she] has received an award (the “Award”) of restricted stock from
American Science & Engineering, Inc. (the “Company”) under the
2005 Equity & Incentive Plan (the “Plan”), subject to the terms set
forth below and in the Plan; (ii) further acknowledges receipt of a copy
of each of the Plan as in effect on the date hereof and the most recently
issued prospectus with respect to the shares issued under the Plan; and (iii) agrees
with the Company as follows:

1.               Effective Date. This Agreement shall
take effect as of _________, which is the date of grant of the Award.

2.               Shares Subject to Award. The Award
consists of ______ shares (the “Shares”) of common stock of the Company (“Stock”).
The undersigned’s rights to the Shares are subject to the restrictions
described in this Agreement and the Plan (which is incorporated herein by
reference with the same effect as if set forth herein in full) in addition to
such other restrictions, if any, as may be imposed by law.

3.               Meaning of Certain Terms. Except as
otherwise expressly provided, all terms used herein shall have the same meaning
as in the Plan. The term “vest” as used herein with respect to any Share means
the lapsing of the restrictions described herein with respect to such Share.

4.               Nontransferability of Shares. The
Shares acquired by the undersigned pursuant to this Agreement shall not be
sold, transferred, pledged, assigned or otherwise encumbered or disposed of
except as provided below and in the Plan.

5.               Forfeiture Risk. If the undersigned
ceases to be employed by the Company and its subsidiaries for any reason,
including death (except as to the proration provided for in Paragraph 11
below), any then outstanding and unvested Shares acquired by the 

 

                        undersigned
hereunder shall be automatically and immediately forfeited. The undersigned
hereby (i) appoints the Company as the attorney-in-fact of the undersigned
to take such actions as may be necessary or appropriate to effectuate a
transfer of the record ownership of any such shares that are unvested and
forfeited hereunder, (ii) agrees to deliver to the Company, as a
precondition to the issuance of any certificate or certificates with respect to
unvested Shares hereunder, one or more stock powers, endorsed in blank, with
respect to such Shares, and (iii) agrees to sign such other powers and
take such other actions as the Company may reasonably request to accomplish the
transfer or forfeiture of any unvested Shares that are forfeited hereunder.

6.               Retention of Certificates. Any certificates
representing unvested Shares shall be held by the Company. If unvested Shares
are held in book entry form, the undersigned agrees that the Company may give
stop transfer instructions to the depository to ensure compliance with the
provisions hereof.

7.               Vesting of Shares. The Shares
acquired hereunder shall vest upon the achievement of performance targets of
the Company, as more particularly described herein (“Performance-Vested Shares”).
The Performance Goals (the “Target”) shall be established by the Committee
based on one or more of the following objective criteria prior to the beginning
of such Performance Period or within such period after the beginning of the
Performance Period (as defined in the Plan) as shall meet the requirements to
be considered “pre-established objective performance goals” for purposes of the
regulations issued under Section 162(m) of the Code: (i) increases
in the price of the Common Stock, (ii) market share, (iii) sales, (iv) revenue,
(v) return on equity, assets, or capital, (vi) economic profit
(economic value added), (vii) total shareholder return, (viii) costs,
(ix) expenses, (x) margins, (xi) earnings (including EBITDA) or
earnings per share, (xii) cash flow (including adjusted operating cash flow),
(xiii) customer satisfaction, (xiv) operating profit, (xv) net income, (xvi)
research and development, (xvii) product releases, (xviii) manufacturing, or
(xix) any combination of the foregoing, including without limitation, goals
based on any of such measures relative to appropriate peer groups or market
indices, as more particularly outlined on Exhibit A attached to this
Agreement. The restrictions on Performance-Vested Shares shall lapse in
accordance with the following terms:  as
soon as practicable following the delivery to the Company of its audited
financial statements for the fiscal year, the Compensation Committee shall
determine whether the Target has been met. If the Target has been met, 100% of
restrictions on the Performance-Vested Shares will lapse. If the Company has
not met the Target prior to the end of the fiscal year ending on or before March 31,
2010 (“Final Target Date”), the Performance-Vested Shares shall be
automatically and immediately forfeited.

Notwithstanding the foregoing, no shares shall vest on any vesting date
specified above unless the undersigned is then, and since the date of grant has
continuously been, employed by the Company or its subsidiaries. In the event of
a Change in Control, the Administrator may require that any amounts delivered,
exchanged or otherwise paid in respect of outstanding and then unvested Shares
be placed in 

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escrow or otherwise made subject to such restrictions as the
Administrator deems appropriate to carry out the intent of the Plan. References
in this Agreement to the Shares shall refer, mutatis
mutandis, to any such restricted amounts.

8.               Legend. Any certificates
representing unvested Shares shall be held by the Company, and any such
certificate shall contain a legend substantially in the following form:

THE TRANSFERABILITY OF THIS CERTIFICATE AND THE SHARES OF STOCK
REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING
FORFEITURE) OF AMERICAN SCIENCE & ENGINEERING, INC, 2005 EQUITY AND
INCENTIVE PLAN AND A RESTRICTED STOCK AWARD AGREEMENT ENTERED INTO BETWEEN THE
REGISTERED OWNER AND AMERICAN SCIENCE & ENGINEERING, INC. COPIES OF
SUCH PLAN AND AGREEMENT ARE ON FILE IN THE OFFICES OF AMERICAN SCIENCE &
ENGINEERING, INC.

As soon as practicable following the vesting of any
such Shares the Company shall cause a certificate or certificates covering such
Shares, without the aforesaid legend, to be issued and delivered to the
undersigned. If any Shares are held in book-entry form, the Company may take
such steps as it deems necessary or appropriate to record and manifest the
restrictions applicable to such Shares.

9.               Dividends, etc.. The undersigned
shall be entitled to (i) receive any and all dividends or other
distributions paid with respect to those Shares of which [he/she] is the record
owner on the record date for such dividend or other distribution, and (ii) vote
any Shares of which [he/she] is the record owner on the record date for such
vote; provided, however, that any property
(other than cash) distributed with respect to a share of Stock (the “associated
share”) acquired hereunder, including without limitation a distribution of
Stock by reason of a stock dividend, stock split or otherwise, or a
distribution of other securities with respect to an associated share, shall be
subject to the restrictions of this Agreement in the same manner and for so
long as the associated share remains subject to such restrictions, and shall be
promptly forfeited if and when the associated share is so forfeited;  and further provided,
that the Administrator may require that any cash distribution with respect to
the Shares other than a normal cash dividend be placed in escrow or otherwise
made subject to such restrictions as the Administrator deems appropriate to
carry out the intent of the Plan. References in this Agreement to the Shares
shall  refer, mutatis
mutandis, to any such restricted amounts.

10.         Sale of
Vested Shares. The undersigned understands that [he/she] will be
free to sell any Share once it has vested, subject to (i) satisfaction of
any applicable tax withholding requirements with respect to the vesting or
transfer of such Share; (ii) the completion of any administrative steps
(for example, but without limitation, the transfer of certificates) that the
Company may reasonably impose; and (iii) applicable  requirements of federal and state securities
laws.

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11.         Vesting
Upon Death. If the Participant’s employment is terminated by
reason of his or her death, the Shares shall become vested, and the
restrictions lifted, on a prorated basis reflecting the percentage of such
Shares that was accrued by the Company on its books at the time of the
Participant’s death. In such event, the restrictions will be lifted from such
prorated portion of the Shares, and such prorated Shares shall be freely
transferable to the person(s) to whom the Participant’s share rights pass
by will or by the applicable laws of descent and distribution.

12.         Certain
Tax Matters. The undersigned expressly acknowledges the
following:

a.               The undersigned has
been advised to confer promptly with a professional tax advisor to consider
whether the undersigned should make a so-called “83(b) election” with
respect to the Shares. Any such election, to be effective, must be made in
accordance with applicable regulations and within thirty (30) days following the
date of this Award. The Company has made no recommendation to the undersigned
with respect to the advisability of making such an election.

b.              The award or vesting
of the Shares acquired hereunder, and the payment of dividends with respect to
such Shares, may give rise to “wages” subject to withholding. The undersigned
expressly acknowledges and agrees that [his/her] rights hereunder are subject
to [his/her] promptly paying to the Company in cash (or by such other means as
may be acceptable to the Company in its discretion, including, if the
Administrator so determines, by the delivery of previously acquired Stock or
shares of Stock acquired hereunder or by the withholding of amounts from any
payment hereunder) all taxes required to be withheld in

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connection with such award, vesting or payment.

Very truly yours,

______________________________

(Signature of Employee)

Dated:  [Insert Date]

The foregoing Restricted
Stock

Award Agreement is hereby accepted:

AMERICAN SCIENCE &
ENGINEERING, INC.

 

By_______________________________

 5Exhibit 10(c) xxv 

AMERICAN SCIENCE AND ENGINEERING,
INC.

2005 Equity and Incentive Plan

Nonstatutory Stock Option
Grant Agreement

Performance Vested Options

American Science and Engineering, Inc. (the “Company”),
a Massachusetts corporation, hereby grants to the person named below an option
to purchase shares of Common Stock, $0.66 2/3 par value, of the Company (the “Option”)
under and subject to the Company’s 2005 Equity and Incentive Plan (the “Plan”)
exercisable on the terms and conditions set forth below and those attached
hereto and in the Plan:

	
  Grant Date

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Optionee

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Options Granted

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Exercise Price

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Expiration Date

  	
   

  	
   

  
	
   

  	
   

  	
   

  

 

Exercisability Schedule and Vesting:  The options shall vest and become exercisable
upon the achievement of performance targets of the Company, as more
particularly described herein (“Performance-Vested Options”). Specifically,
Performance-Vested Options shall become exercisable in accordance with the
following terms: as soon as practicable following the delivery to the Company
of its audited financial statements for the fiscal year, the Compensation
Committee shall determine whether the Performance Goals (as defined in the
Plan) have been met (the “Target”). If the Target has been met, 100% of
restrictions on the Performance-Vested Shares will lapse. If the Company has
not met the Target prior to the end of the fiscal year ending on or before March 31,
2010 (“Final Target Date”), the Performance-Vested Shares shall be
automatically and immediately forfeited.

 The Target shall be established by the
Committee based on one or more of the following objective criteria prior to the
beginning of such Performance Period or within such period after the beginning
of the Performance Period (as defined in the Plan) as shall meet the
requirements to be considered “pre-established objective performance goals” for
purposes of the regulations issued under Section 162(m) of the Code: (i) increases
in the price of the Common Stock, (ii) market share, (iii) sales, (iv) revenue,
(v) return on equity, assets, or capital, (vi) economic profit
(economic value added), (vii) total shareholder return, (viii) costs,
(ix) expenses, (x) margins, (xi) earnings (including EBITDA) or
earnings per share, (xii) cash flow (including adjusted operating cash flow),
(xiii) customer satisfaction, (xiv) operating profit, (xv) net income, (xvi)
research and development, (xvii) product releases, (xviii) manufacturing, or
(xix) any combination of the foregoing, including without limitation, goals
based on any of such measures relative to appropriate peer groups or market
indices, as more particularly outlined on Exhibit A, attached to this
Agreement

This Option shall
not be treated as an Incentive Stock Option under section 422 of the Internal
Revenue Code of 1986, as amended.

By acceptance of
this Option, the Participant agrees to the terms and conditions set forth above
and those attached hereto and in the Plan.

	
  PARTICIPANT

  	
   

  	
  AMERICAN SCIENCE AND ENGINEERING, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By: 

  	
   

  
					

 

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AMERICAN
SCIENCE AND ENGINEERING, INC. 2005 EQUITY AND INCENTIVE PLAN

Nonstatutory
Stock Option Terms And Conditions

1.           Plan Incorporated by Reference.
This Option is issued pursuant to the terms of the Plan. This Grant Agreement
does not set forth all of the terms and conditions of the Plan, which are
incorporated herein by reference. Capitalized terms used and not otherwise
defined in this Grant Agreement have the meanings given to them in the Plan. The
Committee administers the Plan and its determinations regarding the operation
of the Plan are final and binding. A copy of the Plan may be obtained upon
written request without charge from the Human Resources Department of the
Company.

2.           Option Price. The price to be
paid for each share of Common Stock issued upon exercise of the whole or any
part of this Option is the Option Price set forth on the face of this Grant
Agreement.

3.           Exercisability and Vesting
Schedule. As long as the Participant remains continuously employed by the
Company or an Affiliate, this Option will vest and may be exercised (in whole
or in part) in accordance with the Exercisability and Vesting Schedule set
forth on the face of this Grant Agreement, but only for the purchase of whole shares.
This Option may not be exercised as to any shares after the Expiration Date.

4.           Effect of Termination of
Employment. If the Participant’s status as an employee of the Company or an
Affiliate is terminated for any reason (voluntary or involuntary), this Option
shall not thereafter become vested or exercisable as to any additional shares,
and the already vested portion of this Option shall remain exercisable (to the
extent not previously exercised) for ninety (90) days after the day on which
the Participant’s employment is terminated, whereupon this Option shall
terminate; except  that

(a)                                  If
the Participant is on military leave, sick leave, or other leave of absence
approved by the Company or the Affiliate, his or her employment with the
Company or the Affiliate will be treated as continuing intact during the period
of such leave. The Participant’s employment will be deemed to have terminated
on the first day after the expiration of such leave.

(b)                                 If
the Participant’s employment is terminated by reason of his or her death, this
Option shall become exercisable and vested on a prorated basis reflecting the
percentage of such Option that was accrued by the Company on its books at the
time of the Participant’s death, without regard to the Exercisability and
Vesting Schedule. In such event, such prorated portion of this Option may be
exercised at any time within twelve (12) months after the date of the
Participant’s death by the person(s) to whom the Participant’s option
rights pass by will or by the applicable laws of descent and distribution.

(c)                                  If
the Participant’s employment is terminated by the Company or the Affiliate for “cause,”
this Option, to the extent vested and exercisable upon such termination of
employment, may be exercised by the Participant only through the close of
regular business hours on the date of termination. Unless otherwise defined in
any written employment agreement between the Company or the Affiliate and the
Participant, cause shall be determined by the Committee in its discretion.

In no event,
however, may this Option be exercised after the Expiration Date set forth on
the face of this Grant Agreement.

5.           Method of Exercise. To
exercise this Option, the Participant shall deliver notice of exercise to the
Company specifying the number of shares with respect to which the Option is
being exercised accompanied by payment of the Option Price for such shares (i) by
cash, (ii) by actual delivery or attestation of ownership of shares of
Common Stock owned by the Participant, including vested Restricted Stock, (iii) by
retaining shares of Common Stock otherwise issuable pursuant to the Option, (iv) for
consideration received by the Company under a broker-assisted cashless exercise
program acceptable to the Company, or (v) for such other lawful
consideration as the Committee may determine. Such exercise notice must be
given at the time and in the manner as specified by the Committee from time to
time. Upon payment of the exercise price and applicable taxes, and assuming
satisfaction of all applicable securities laws and exchange listing
requirements, the Company shall delivery, or make available to the Participant
through the Plan’s designated broker, the net shares or cash proceeds (as the
case may be) resulting from the Option exercise.

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6.           Change of Control. To preserve
the Participant’s rights under this Option in the event of a Change in Control
of the Company (as defined below) occurring while the Participant is employed
by the Company or an Affiliate, the Committee shall fully accelerate the
vesting of this Option and may in its discretion take one or more of the
following actions: (i) provide for payment to the Participant of cash or
other property with a Fair Market Value equal to the amount that would have
been received upon the exercise or payment of the Option had the Option been
exercised or paid upon the Change in Control of the Company, (ii) adjust
the terms of the Option in a manner determined by the Committee to reflect the
Change in Control of the Company, (iii) cause the Option to be assumed, or
new rights substituted therefore, by another entity, or (iv) make such
other provision as the Committee may consider equitable to the Participant and
in the best interests of the Company. For purposes of this Section, a “Change
in Control of the Company” shall mean:  (i) the
consummation of (a) any consolidation or merger of the Company in which
the Company is not the continuing or surviving entity or pursuant to which the
Company’s Common Stock is converted into cash, securities, or other property,
other than a merger of the Company in which the ownership by the Company’s
stockholders of the securities in the surviving entity is at least two-thirds
of the combined voting power; or (b) any sale, lease, exchange, or other
transfer (in one transaction or a series of related transactions) of all or
substantially all of the assets of the Company; (ii) the stockholders of
the Company have approved any plan or proposal for the liquidation or
dissolution of the Company; (iii) any person (as that term is used in
Sections 13(d) and 14(d)(2) of the Exchange Act) has become the
beneficial owner (within the meaning of Rule 13d-3 promulgated under
the Exchange Act) of 20% or more of the Company’s outstanding Common Stock; or (iv) that
during any period of two consecutive years, individuals who, at the beginning
of such period, constitute the entire Board of Directors of the Company shall
cease, for any reason, to constitute a majority thereof, unless the election,
or the nomination for election by the Company’s stockholders, of each new
director was approved by a vote of at least three-quarters of the directors
then still in office who were directors at the beginning of the period.

7.           Option Not Transferable. This
Option is not transferable by the Participant other than by will or the laws of
descent and distribution, and is exercisable, during the Participant’s
lifetime, only by the Participant. The naming of a Designated Beneficiary does
not constitute a transfer. The Committee may, in its sole discretion, allow the
Participant to transfer this Option under a domestic relations order in
settlement of marital or domestic property rights.

8.           Payment of Taxes. The
Participant shall pay to the Company, or make provision satisfactory to the
Committee for payment of, any taxes required by law to be withheld with respect
to the exercise of the Option no later than the date of the event creating the
tax liability. The Company and its Affiliates may, to the extent permitted by
law, deduct any such tax obligations from any payment of any kind due to the
Participant. In the Committee’s discretion, the minimum tax obligations
required by law to be withheld with respect to the exercise of the Option may
be paid in whole or in part in shares of Common Stock, including shares
retained from the exercise of the Option, valued at their Fair Market Value on
the date of retention.

9.           No Right To Employment. No
person shall have any claim or right to be granted an Option. Neither the Plan
nor this Option shall be deemed to give any Participant the right to continued
employment or to limit the right of the Company or an Affiliate to discharge
any Participant at any time.

10.         Amendment of Option. The
Committee may amend, modify, or terminate this Option, including substituting
therefore another option of the same or a different type, changing the date of
exercise or realization and converting an incentive stock option to a
nonstatutory stock option, provided that the Participant’s consent to such
action shall be required unless (i) the Committee determines that the
action, taking into account any related action, would not materially and
adversely affect the Participant, or (ii) the action is permitted by the
terms of the Plan.

11.         Data Privacy and Electronic Delivery.
By executing this Grant Agreement, the Participant: (i) authorizes the
Company, its Affiliates, and any agent of the Company or its Affiliates
administering the Plan or providing Plan recordkeeping services, to disclose to
the Company, its Affiliates or third-party service providers such information
and data as may be deemed necessary or appropriate to facilitate the grant of
Options and the administration of the Plan; (ii) waives any data privacy
rights he or she may have with respect to such information; and (iii) authorizes
the Company, its Affiliates, and third-party service providers to store and
transmit such information in electronic form. The Participant agrees that the
Company, its Affiliates, and their agents may deliver electronically all
documents relating to the Plan or this Option (including, without limitation,
prospectuses required by the Securities and Exchange Commission) and all other
documents that the Company is required to deliver to its stockholders.

12.         Cancellation and Rescission of
Option. In consideration of this Option the Participant agrees that if
Participant breaches Participant’s obligations under the terms of the American
Science & Engineering Employee Representation, Rights in Data, and
Non-Compete Agreement, then the Company may cancel, suspend, withhold, or
otherwise limit or restrict (in whole or in part) the exercise of this Option. If
this Option has been exercised prior to the occurrence or discovery by the
Company of any such breach, then the Committee may rescind the exercise of this
Option at any time within the two (2) year period after such exercise. In
the event of any rescission, the Participant shall pay to the Company the
amount of income recognized upon exercise of the Option and 

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any additional
gain realized upon any sale of Option shares in such manner and on such terms
and conditions as may be required by the Committee, and the Company shall be
entitled to set-off the amount of any such income or gain against any amount
that may be owed to the Participant.

13.         Impact of Restatement of Financial
Statements Upon Option. If any of the Company’s financial statements are
required to be restated as a result of errors, omissions, or fraud, the
Committee may (in its sole discretion, but acting in good faith) direct that
the Company recover all or a portion of the amount of income recognized upon
the exercise of this Option and any additional gain realized upon any sale of
the Option shares with respect to any fiscal year of the Company the financial
results of which are negatively affected by such restatement. The amount to be
recovered from the Participant shall be the amount by which the Option income
at exercise, and any gain upon sale of the Option shares of the affected award,
exceed the amount that would have been payable to the Participant had the
financial statements been initially filed as restated, or any greater or lesser
amount that the Committee shall determine. The Committee may determine to
recover different amounts from different participants or different classes of
participants on such bases as it shall deem appropriate. In no event shall the
amount to be recovered by the Company be less than the amount required to be
repaid or recovered as a matter of law. The Committee shall determine whether
the Company shall effect any such recovery (i) by seeking repayment from the
Participant, (ii) by reducing (subject to applicable law and the terms and
conditions of the applicable plan, program, or arrangement) the amount that
would otherwise be payable to the Participant under any compensatory plan,
program, or arrangement maintained by the Company or any of its Affiliates,
(iii) by withholding payment of future increases in compensation (including the
payment of any discretionary bonus amount) or grants of compensatory awards that
would otherwise have been made in accordance with the Company’s otherwise
applicable compensation practices, or (iv) by any combination of the forgoing.

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