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                                                                    EXHIBIT 10.5

                                INMET CORPORATION
                      NET WORTH APPRECIATION REWARD PROGRAM

Inmet Corporation (Inmet) has developed this Net Worth Appreciation Reward
Program (the Program) to reward management participants for the long term growth
of Inmet's Net Worth. The Company previously developed a Stock Appreciation
Rights (SAR) Program. This Program replaces the SAR Program. All rights under
the previous program transfer to this Program.

This Program allows management shareholders to share in the growth of Inmet's
Net Worth (as determined using generally accepted accounting principles as
evidenced in Inmet's audited financial statements) over the first five and one
half years of Inmet's existence. This Program terminates December 31, 1999, at
which time all benefits for management shareholders participating since at least
January 1, 1997 will vest. Management shareholders who were employed subsequent
to January 1, 1997 will vest on the last day of the year following three years
employment.

Management shareholders are defined as Inmet employees who have owned stock in
Microwave Components Enterprises, Inc. any time during the period beginning June
30, 1994 and ending December 31, 1999. The amount accrued annually to an
individual management shareholder will equal the percentage of his or her annual
W-2 compensation to the total annual W-2 compensation of all management
shareholders for each of the years 1995 through 1999, applied to the total
amount accrued each year under this Net Worth Appreciation Reward Program.

Annually, Inmet will accrue the reward under this Program provided that the "Net
Worth Appreciation Objective" (the Objective) is met. The Objective represents
the Net Worth of Inmet before the calculation of this accrual, as determined
using generally accepted accounting principles and evidenced by the annual
independent audit. The annual objectives are as follows:

         1996                       $2,552,000
         1997                       $3,454,000
         1998                       $4,631,000
         1999                       $6,000,000

The amount accrued under this Program for 1996 will be 10% of Inmet's net income
(as defined in this paragraph) since inception (June 30, 1994), provided the
Objective for 1996 is met. The amount accrued for each of the years 1997 through
1999 under this Program will be 10% of Inmet's applicable annual net income, as
defined in this paragraph, again provided that the Objective for the applicable
year is met. Should Inmet fail to meet the Objective for one or more years and
subsequently achieve a subsequent year's Objective, the net income or loss for
the years when the Objective was not achieved will be added to or subtracted
from the current year net income when calculating the current year accrual. Net
income as used in this paragraph is defined as income after all expenses
(including the management bonus accrual which is based on free cash flow) other
than this Program's accrual, less an accrual for federal and state income taxes
calculated on such income, all as determined by generally accepted accounting
principles and evidenced by the annual independent audit.

Payment of the sum of accrued benefits to management shareholders employed by
Inmet on or prior to January 1, 1997 will occur no earlier than January 1, 2000
nor no later than March 31, 2000, or, at the option of either the management
shareholder or Inmet, quarterly over three years beginning March 31, 2000.
Payment of the sum of accrued benefits to management shareholders employed by
Inmet subsequent to January 1, 1997 will be no earlier than the first day of the
year following three years employment, but no later than March 31 of the same
year or, at the option of either the management shareholder or Inmet, quarterly
over three years beginning March 31 of such year. The management shareholder
must be employed on the date payments begin in order to receive any benefits
under this Program. Any benefits not paid in one lump sum will bear interest at
the prime rate, as it exists from time to time, from January 1 of the year
vesting occurs until the date of payment.

This Program can be modified by the Microwave Components Enterprises, Inc. Board
of Directors, when the Board, in its sole discretion, deems it necessary or in
the event of acquisitions, the payment of dividends, or other net worth
adjustments.<PAGE>   1
                                                                    EXHIBIT 10.6

                              WENISCHEL CORPORATION
                      NET WORTH APPRECIATION REWARD PROGRAM

Weinschel, Corporation. (the "Company") as part of its planned acquisition of
certain assets of Weinschel Division wishes to grant an incentive to management
which will reward the long term growth of the Company's net worth. The Company
has developed a program of Net Worth Appreciation Rewards (NWARP) which could
allow management to share in the growth of the Company's net worth over the
first five years and one-month of its existence. (as determined using generally
accepted accounting principles as evidenced in Weinschel's audited financial
statements) This specific NWARP Program will terminate on December 31, 2000.

It is the intent of the Company to create NWARP which rewards management in the
form of cash equal to 10% (Ten Percent) of net worth appreciation BEFORE
financial statement recognition of this program. The reward accrual amount will
equal 10% of the current year net income, before NWARP reward accrual, in a year
the Net Worth Appreciation Objective is achieved. If the Net Worth Appreciation
Objective is not met for one or more years, management will still be granted the
NWARP for those years, if in a subsequent period the Net Worth Appreciation
Objective is met, and as long as the term and subordinate debt are liquidated by
the end of the plan (the Comerica $1,700,000 Term Note dated November 30, 1995
and the $1,000,000 in subordinated debt or refinancing thereof). In this event,
the reward accrual will be equal to 10% of the sum of the series of years Net
Incomes or Losses over the period the Net Worth Appreciation Target was not
achieved, plus 10% of the achieved years Net Income.

Payment for the rewards will begin no later than March 31, 2001, and payment for
these rewards may be made equally over three years on a quarterly basis, at the
option of the Company or a management participant. Any unpaid amounts owing from
exercised rewards will bear interest at the prime rate as it exists from time to
time.

It is the intent of the Company to include current management in this Program.
The initial participants would include: Robert L. Stephens; Kurt Brown; Frank W.
MacLean, Jr.; Geoffrey D. Smith; Jimmy Dholoo; William Knill; Hector J.
Hoffmaister; and Ricky J. Wyatt. NWARP awards for a given plan year will be
divided based on the full year average base salary of the participants over the
plan year.

In the event the composition of the Weinschel management team changes from time
to time it may be advantageous to allow new management members to be included in
this Program. The decision to include new members in the Program is at the sole
discretion of the Board of Directors of the parent company. If a new member is
allowed, NWARP awards for the year of entry will be prorated based on a days
participated ratio. Payment of sums owed to new participants will begin no
earlier than the first day of the year following three years of employment.

The anticipated NWARP to be granted to the management team on the following time
schedule, contingent upon attaining the Net Worth Appreciation Objective is as
follows:

<TABLE>
<CAPTION>

           DATE                    NET WORTH OBJECTIVE
         --------                  -------------------
<S>                                <C>
         12/31/96                     $ 1,963,026
         12/31/97                     $ 2,578,896
         12/31/98                     $ 3,409,766
         12/31/99                     $ 4,368,636
         12/31/00                     $ 5,606,506

</TABLE>

The NET WORTH OBJECTIVE above represents Net Worth as determined by Generally
Accepted Accounting Principles before the NWARP accrual, based on the audit
financial statements.

All of the NWARP above will vest on December 31, 2000. The above figures may be
adjusted by the Board of Directors of Weinschel Corporation's parent company if
the future net worth of the Company is affected by presently not contemplated
events such as a recapitalization. Any management person who resigns or is
terminated will lose all non-vested rewards under this program.

<PAGE>   2

                              WEINSCHEL CORPORATION
                      NET WORTH APPRECIATION REWARD PROGRAM

Note to Participants: Attached please find the Net Worth Appreciation Rewards
Program document. The program rewards us for achieving certain net worth
targets. The rewards are allocated by year over the five year period but are
cumulative over the period subject to debt payment restrictions. For example, if
we miss all early years but achieve the final target, rewards for all years
would be awarded if the Term and Subordinate Notes have been paid off.

The value of the reward accrual equals 10% of Net Income before said accrual.
The total individual awards are then allocated to the participants based on
average salary and paid out in cash at the end of the program to those
participants who employed at the end of the program. The following example
illustrates the mechanics of the program assuming we hit the targets.

<TABLE>
<S>                   <C>
Year 1 approximately   $39,698
Year 2 approximately   $61,587
Year 3 approximately   $83,087
Year 4 approximately   $95,887
Year 5 approximately  $123,787

</TABLE>

Or a total of $404,046 to be divided based on average salary payable in cash per
the plan document.

Remember this is just an illustration of the minimum if we hit the targets.
Actual amounts will be based on actual results.

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