SUBSIDIARY GUARANTYSubsidiary Guaranty • April 6th, 2006 • Biovest International Inc • Pharmaceutical preparations • New York
FOR VALUE RECEIVED, and in consideration of note purchases from, or credit otherwise extended or to be extended by Laurus Master Fund, Ltd. (“Laurus”) to or for the account of Biovest International, Inc., a Delaware corporation (the “Company”), from time to time and at any time and for other good and valuable consideration and to induce Laurus, in its discretion, to purchase such notes or make other extensions of credit and to make or grant such renewals, extensions, releases of collateral or relinquishments of legal rights as Laurus may deem advisable, each of the undersigned (and each of them if more than one, the liability under this Guaranty being joint and several) (jointly and severally referred to as “Guarantors “ or “the undersigned”) unconditionally guaranties to Laurus, its successors, endorsees and assigns the prompt payment when due (whether by acceleration or otherwise) of all present and future obligations and liabilities of any and all kinds of the Company to Laurus and
BIOVEST INTERNATIONAL, INC. AND CERTAIN OF ITS SUBSIDIARIES MASTER SECURITY AGREEMENTMaster Security Agreement • April 6th, 2006 • Biovest International Inc • Pharmaceutical preparations • New York
LAURUS MASTER FUND, LTD. c/o M&C Corporate Services Limited Ugland House South Church Street George Town Grand Cayman, Cayman Islands March 31, 2006Restricted Account Agreement • April 6th, 2006 • Biovest International Inc • Pharmaceutical preparations
NOTE AND WARRANT PURCHASE AGREEMENT LAURUS MASTER FUND, LTD. and BIOVEST INTERNATIONAL, INC. Dated: March 31, 2006Note and Warrant Purchase Agreement • April 6th, 2006 • Biovest International Inc • Pharmaceutical preparations • New York
THIS NOTE AND WARRANT PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of March 31, 2006, by and between BIOVEST INTERNATIONAL, INC., a Delaware corporation (the “Company”), and LAURUS MASTER FUND, LTD., a Cayman Islands company (the “Purchaser”).
