Common Contracts

2 similar Subordination Agreement contracts by Accentia Biopharmaceuticals Inc, Biovest International Inc

TELESIS SUBORDINATION AGREEMENT
Subordination Agreement • May 2nd, 2006 • Biovest International Inc • Pharmaceutical preparations • New York

This Subordination Agreement (this “Agreement”) is entered into as of the 25th day of April 2006, by and among Laurus Master Fund, Ltd., a Cayman Islands company (the “Senior Lender”), Telesis CDE Two, LLC, a Delaware limited liability company (the “Subordinated Lender”), Biovax, Inc., a Florida corporation (the “Company”), Biovest International, Inc., a Delaware corporation (“Biovest”), and Accentia Biopharmaceuticals, Inc., a Florida corporation (“Accentia,” and together with the Senior Lender, the Subordinated Lender, the Company and Biovest, collectively, the “Parties”). Unless otherwise defined herein, capitalized terms used herein shall have the meaning provided such terms in that certain Consent referred to below.

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TELESIS SUBORDINATION AGREEMENT
Subordination Agreement • May 2nd, 2006 • Accentia Biopharmaceuticals Inc • Pharmaceutical preparations • New York

This Subordination Agreement (this “Agreement”) is entered into as of the 25th day of April 2006, by and among Laurus Master Fund, Ltd., a Cayman Islands company (the “Senior Lender”), Telesis CDE Two, LLC, a Delaware limited liability company (the “Subordinated Lender”), Biovax, Inc., a Florida corporation (the “Company”), Biovest International, Inc., a Delaware corporation (“Biovest”), and Accentia Biopharmaceuticals, Inc., a Florida corporation (“Accentia,” and together with the Senior Lender, the Subordinated Lender, the Company and Biovest, collectively, the “Parties”). Unless otherwise defined herein, capitalized terms used herein shall have the meaning provided such terms in that certain Consent referred to below.

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