0001019687-07-001746 Sample Contracts

Security Agreement
Security Agreement • June 5th, 2007 • Technest Holdings Inc • Measuring & controlling devices, nec • New York
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SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • June 5th, 2007 • Technest Holdings Inc • Measuring & controlling devices, nec • New York

This Securities Purchase Agreement (this “Agreement”) is dated as of May 31, 2007 between Technest Holdings, Inc., a Nevada corporation (the “Company”), and Shelter Island Opportunity Fund, LLC, or any Affiliate thereof designated by it (the “Purchaser”).

SECURITY AGREEMENT
Security Agreement • June 5th, 2007 • Technest Holdings Inc • Measuring & controlling devices, nec • New York
GUARANTY
Technest Holdings Inc • June 5th, 2007 • Measuring & controlling devices, nec • New York
AGREEMENT RELATING TO CERTAIN PROMISSORY NOTES
Certain Promissory Notes • June 5th, 2007 • Technest Holdings Inc • Measuring & controlling devices, nec • Virginia

THIS AGREEMENT RELATING TO A CERTAIN PROMISSORY NOTES (the “Agreement”), dated as of May 31, 2007, between Technest Holdings, a Nevada corporation (“Technest”), E-OIR Technologies, Inc., a Virginia corporation (“EOIR” and collectively with Technest, the “Company”), and Joseph P. Mackin (the “Holder”) located in Fredericksburg, Virginia.

SECURITY AGREEMENT
Security Agreement • June 5th, 2007 • Technest Holdings Inc • Measuring & controlling devices, nec • New York
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