0001019687-06-002387 Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • October 13th, 2006 • Technest Holdings Inc • Measuring & controlling devices, nec • Massachusetts

This Registration Rights Agreement (this “Agreement”) is made and entered into as of July 17, 2006, among Technest Holdings, Inc., a Nevada corporation (the “Company”), and Crystal Research Associates, LLC (the “Holder”).

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Contract
Technest Holdings Inc • October 13th, 2006 • Measuring & controlling devices, nec • Massachusetts

THIS WARRANT AND THE SHARES ISSUABLE HEREUNDER HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR THE SECURITIES LAWS OF ANY STATE AND, EXCEPT AND PURSUANT TO THE PROVISIONS OF ARTICLE 5 BELOW, MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER SAID ACT AND APPLICABLE STATE SECURITIES LAW OR, IN THE OPINION OF LEGAL COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER OF THESE SECURITIES, SUCH OFFER, SALE OR TRANSFER, PLEDGE OR HYPOTHECATION IS EXEMPT FROM REGISTRATION.

GENERAL RELEASE AND INDEMNIFICATION AGREEMENT
General Release and Indemnification Agreement • October 13th, 2006 • Technest Holdings Inc • Measuring & controlling devices, nec • Massachusetts

THIS GENERAL RELEASE AND INDEMNIFICATION AGREEMENT (“Agreement”) is made and entered into as of this 1st day of September 2006, by and among E-OIR Technologies, Inc., a Virginia corporation (“E-OIR”), Technest Holdings, Inc., a Nevada corporation (“Technest”), Markland Technologies, Inc., a Nevada corporation (“Markland”), and Robert Tarini (“Mr. Tarini”) (collectively, the “Parties”).

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