Officer, Director and Securityholder Lock-Up Agreement November 9, 2005Officer, Director and Securityholder Lock-Up Agreement • December 20th, 2005 • It&e International Group • Services-commercial physical & biological research • New York
The undersigned (the “Securityholder”) understands that IT&E International Group (the “Company”) has entered into a certain Securities Purchase Agreement of even date hereof (the “Securities Purchase Agreement”) with ComVest Investment Partners II LLC or an affiliate (“ComVest”), providing for the sale (the “Offering”) by the Company of Series D Preferred Stock (“Preferred Stock”), or Senior Secured Convertible Notes (the “Notes”), and warrants (the “Warrants”) to purchase common stock, par value $0.001 per share, of the Company (“Common Stock”).
Officer, Director and Securityholder Lock-Up AgreementOfficer, Director and Securityholder Lock-Up Agreement • March 30th, 2007 • Averion International Corp. • Services-commercial physical & biological research • New York
The undersigned (the “Securityholder”) understands that Commonwealth Associates, L.P., acting as the placement agent (the “Placement Agent”), has entered into that certain Placement Agency Agreement dated October 17, 2006, as amended on November 8, 2006 (the “Agency Agreement”) with Averion International Corp. (the “Company”), providing for the private placement (the “Offering”) by the Placement Agent of the Company’s common stock, par value $0.001 per share (the “Common Stock” and, such shares in the Offering, the “Shares”).
