Agreement Regarding Cashless Warrant Exercise Sample Contracts

AGREEMENT REGARDING CASHLESS WARRANT EXERCISE
Agreement Regarding Cashless Warrant Exercise • January 13th, 2006 • Biovest International Inc • Pharmaceutical preparations

THIS AGREEMENT dated as of July 28, 2005, by and between Biovest International, Inc. a Delaware corporation (“Biovest”) and Robert Dillon, who is the Holder of Warrants to purchase 87,500 shares of Biovest Common Stock (hereinafter “Holder”), is as follows:

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AGREEMENT REGARDING CASHLESS WARRANT EXERCISE
Agreement Regarding Cashless Warrant Exercise • January 13th, 2006 • Biovest International Inc • Pharmaceutical preparations

THIS AGREEMENT dated as of July 28, 2005, by and between Biovest International, Inc. a Delaware corporation (“Biovest”) and Fay Logan and Helen Logan, who are the Holders of Warrants to purchase 12,500 shares of Biovest Common Stock (hereinafter “Holder”), is as follows:

AGREEMENT REGARDING CASHLESS WARRANT EXERCISE
Agreement Regarding Cashless Warrant Exercise • January 13th, 2006 • Biovest International Inc • Pharmaceutical preparations

THIS AGREEMENT dated as of July 28, 2005, by and between Biovest International, Inc. a Delaware corporation (“Biovest”) and Christopher Kyriakides, who is the Holder of Warrants to purchase 2,600,000 shares of Biovest Common Stock (hereinafter “Holder”), is as follows:

AGREEMENT REGARDING CASHLESS WARRANT EXERCISE
Agreement Regarding Cashless Warrant Exercise • January 13th, 2006 • Biovest International Inc • Pharmaceutical preparations

THIS AGREEMENT dated as of July 28, 2005, by and between Biovest International, Inc. a Delaware corporation (“Biovest”) and Laury Pensa, who is the Holder of Warrants to purchase 81,250 shares of Biovest Common Stock (hereinafter “Holder”), is as follows:

AGREEMENT REGARDING CASHLESS WARRANT EXERCISE
Agreement Regarding Cashless Warrant Exercise • January 13th, 2006 • Biovest International Inc • Pharmaceutical preparations

THIS AGREEMENT dated as of July 28, 2005, by and between Biovest International, Inc. a Delaware corporation (“Biovest”) and David DeFouw, who is the Holder of Warrants to purchase 400,000 shares of Biovest Common Stock (hereinafter “Holder”), is as follows:

AGREEMENT REGARDING CASHLESS WARRANT EXERCISE
Agreement Regarding Cashless Warrant Exercise • January 13th, 2006 • Biovest International Inc • Pharmaceutical preparations

THIS AGREEMENT dated as of July 28, 2005, by and between Biovest International, Inc. a Delaware corporation (“Biovest”) and Peter J. Pappas, Sr., who is the Holder of Warrants to purchase 1,736,667 shares of Biovest Common Stock (hereinafter “Holder”), is as follows:

AGREEMENT REGARDING CASHLESS WARRANT EXERCISE
Agreement Regarding Cashless Warrant Exercise • January 13th, 2006 • Biovest International Inc • Pharmaceutical preparations

THIS AGREEMENT dated as of July 29, 2005, by and between Biovest International, Inc. a Delaware corporation (“Biovest”) and Bridge Partners III, LLC, who is the Holder of Warrants to purchase 570,000 shares of Biovest Common Stock (hereinafter “Holder”), is as follows:

AGREEMENT REGARDING CASHLESS WARRANT EXERCISE
Agreement Regarding Cashless Warrant Exercise • January 13th, 2006 • Biovest International Inc • Pharmaceutical preparations

THIS AGREEMENT dated as of July 28, 2005, by and between Biovest International, Inc. a Delaware corporation (“Biovest”) and Anaka Prakash, who is the Holder of Warrants to purchase 18,750 shares of Biovest Common Stock (hereinafter “Holder”), is as follows:

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