set forth in the Agreement between the Company and
the Executive dated December 31, 2007).
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
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THE PARTIES ACKNOWLEDGE THAT EACH HAS READ THIS AGREEMENT, UNDERSTANDS IT, AND
AGREES TO BE BOUND BY ITS TERMS AND CONDITIONS.
FURTHER, THE PARTIES AGREE THAT
THIS AGREEMENT AND ANY EXHIBITS HERETO ARE THE COMPLETE AND EXCLUSIVE STATEMENT
OF THE AGREEMENT BETWEEN THE PARTIES, WHICH SUPERSEDES ALL PROPOSALS AND ALL
PRIOR AGREEMENTS, ORAL OR WRITTEN, AND ALL OTHER COMMUNICATIONS BETWEEN THE
PARTIES RELATING TO THE SUBJECT MATTER HEREOF, INCLUDING THE EMPLOYMENT
AGREEMENT DATED MARCH 13, 2006 (OTHER THAN THE PROVISIONS SET FORTH IN THE
AGREEMENT BETWEEN THE COMPANY AND THE EXECUTIVE DATED DECEMBER 31, 2007).
ACCEPTED AND AGREED:
Technest Holdings, Inc. Gino Miguel Pereira
/s/ Nitin V. Kotak, CFO
/s/ Gino M. Pereira
Date: 1/14/08 Date: 1/14/08
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