Employment Agreement THIS AGREEMENT dated the 12th day of August , 2008. BETWEEN: Adil ShafiEmployment Agreement • August 18th, 2008 • Braintech Inc • Services-computer integrated systems design • Delaware
Lock-Up Agreement August 12, 2008Lock-Up Agreement • August 18th, 2008 • Braintech Inc • Services-computer integrated systems design • Nevada
This Lock-Up Agreement is being delivered to you in connection with the Share Purchase Agreement (the "Purchase Agreement"), dated as of August __, 2008, by and among the undersigned Adil Shafi (the “undersigned”), SHAFI, Inc., a Michigan corporation, SHAFI Innovation, Inc., a Michigan corporation and Braintech, Inc., a Nevada corporation (“Buyer”). Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth in the Purchase Agreement.
NON-COMPETITION AGREEMENTNon-Competition Agreement • August 18th, 2008 • Braintech Inc • Services-computer integrated systems design • Michigan
THIS NON-COMPETITION AGREEMENT (this “Agreement”) is being executed and delivered as of August 12, 2008, by ADIL SHAFI (the “Seller”) in favor of, and for the benefit of BRAINTECH, INC., a Nevada corporation (“Buyer”), SHAFI, INC., a Michigan corporation (“SI”), and SHAFI INNOVATION, INC., a Michigan corporation (“SII”)(SI and SII are also referred to herein each, as a “Company” and together, the “Companies”), and each of the Buyer’s and each Company’s present and future Affiliates (as defined below), successors and direct and indirect subsidiaries (including the Buyer and the Companies, collectively, the “Covered Parties” and each a “Covered Party”).
SHARE PURCHASE AGREEMENT Dated as of August 12, 2008 by and among ADIL SHAFI, SHAFI, INC., SHAFI INNOVATION, INC. and BRAINTECH, INC.Share Purchase Agreement • August 18th, 2008 • Braintech Inc • Services-computer integrated systems design • Michigan
Share Purchase Agreement, dated as of August 12, 2008 this (“Agreement”), by and among Adil Shafi (“Seller”), an individual residing at 7517 Radcliffe, Brighton, Michigan 48114, SHAFI, Inc., a Michigan corporation (“SI”), SHAFI Innovation, Inc., a Michigan corporation (“SII” and, together with SI, the “Companies” and each, individually, a “Company”) and Braintech, Inc., a Nevada corporation (“Buyer”). Seller, SI, SII and Buyer are each individually referred to herein as a “Party” and are collectively referred to herein as the “Parties.”
