EMPLOYMENT AGREEMENTEmployment Agreement • March 17th, 2006 • Technest Holdings Inc • Measuring & controlling devices, nec • Massachusetts
EMPLOYMENT AGREEMENT (this “Agreement”), dated as of March 13, 2006 (the “Effective Date”), by and among Technest Holdings, Inc. (with its subsidiaries, the “Company”), a Nevada corporation, and Joseph P. Mackin (the “Executive”) located in Quincy, Massachusetts.
RELEASE AND INDEMNIFICATION AGREEMENTRelease and Indemnification Agreement • March 17th, 2006 • Technest Holdings Inc • Measuring & controlling devices, nec
This Release and Indemnification Agreement (this “Agreement”) is made this 13th day of March, 2006, by and between Robert Tarini (“Executive”), a resident of the State of Rhode Island, and Technest Holdings, Inc., and its subsidiaries and affiliates (collectively, the “Company”). The signatories to this Agreement will be referred to jointly as the “Parties.”
CONFIDENTIAL *** RESTRICTED STOCK GRANT AGREEMENTRestricted Stock Grant Agreement • March 17th, 2006 • Technest Holdings Inc • Measuring & controlling devices, nec • Massachusetts
FOR VALUE RECEIVED, [____________] hereby sells, assigns and transfers to Technest Holdings, Inc., a Nevada corporation (the “Company”), a total of ______________ shares of the Common Stock of the Company standing in his name on the books of the Company represented by stock certificate number ___ to be delivered herewith, and does hereby irrevocably constitute and appoint ______________________ as attorney to transfer said shares on the books of the Company with full power of substitution in the premises.
CONFIDENTIAL *** RESTRICTED STOCK GRANT AGREEMENTRestricted Stock Grant Agreement • March 17th, 2006 • Technest Holdings Inc • Measuring & controlling devices, nec • Massachusetts
FOR VALUE RECEIVED, [____________] hereby sells, assigns and transfers to Technest Holdings, Inc., a Nevada corporation (the “Company”), a total of ______________ shares of the Common Stock of the Company standing in his name on the books of the Company represented by stock certificate number ___ to be delivered herewith, and does hereby irrevocably constitute and appoint ______________________ as attorney to transfer said shares on the books of the Company with full power of substitution in the premises.
