Document:

Exhibit 10.5

    EXHIBIT
      10.5

    

    FORM
      OF LOCK-UP AGREEMENT

    

    October
      __, 2006

    

    Each
      Purchaser referenced below:

    

    
      	 	
              Re:

            	
              Securities
                Purchase Agreement, dated as of October 23, 2006 (the “Purchase Agreement”),
                between Theater Xtreme Entertainment Group, Inc., a Florida corporation
                (the “Company”)
                and the purchasers signatory thereto (each, a “Purchaser”
                and, collectively, the “Purchasers”)

            

    

     

    Ladies
      and Gentlemen:

     

    Defined
      terms not otherwise defined in this letter agreement (the “Letter
      Agreement”)
      shall
      have the meanings set forth in the Purchase Agreement. Pursuant to Section
      2.2(a)(v) of the Purchase Agreement and in satisfaction of a condition of the
      Company’s obligations under the Purchase Agreement, the undersigned irrevocably
      agrees with the Company that, from the date hereof until the 90th
      calendar
      day following the Effective Date (such period, the “Restriction
      Period”),
      the
      undersigned will not directly or indirectly offer to sell, sell, contract to
      sell, agree to sell, hypothecate, pledge, grant any option for sale or purchase
      of, or otherwise dispose of (or enter into any transaction which is designed
      to,
      or might reasonably be expected to, result in the disposition (whether by actual
      disposition or effective economic disposition due to cash settlement or
      otherwise) by the undersigned or any Affiliate of the undersigned or any person
      in privity with the undersigned or any Affiliate of the undersigned), directly
      or indirectly, including the filing (or participation in the filing) of a
      registration statement with the Commission in respect of, or establish or
      increase a put equivalent position or liquidate or decrease a call equivalent
      position within the meaning of Section 16 of the Exchange Act with respect
      to,
      any shares of Common Stock or Common Stock Equivalents beneficially owned,
      held
      or hereafter acquired by the undersigned (the “Securities”).
      Beneficial
      ownership shall be calculated in accordance with Section 13(d) of the Exchange
      Act. In order to enforce this covenant, the Company shall impose irrevocable
      stop-transfer instructions preventing the Transfer Agent from effecting any
      actions in violation of this Letter Agreement.

    

    The
      undersigned acknowledges that the execution, delivery and performance of this
      Letter Agreement is a material inducement to each Purchaser to complete the
      transactions contemplated by the Purchase Agreement and that each Purchaser
      (which shall be a third party beneficiary of this Letter Agreement) and the
      Company shall be entitled to specific performance of the undersigned’s
      obligations hereunder. The undersigned hereby represents that the undersigned
      has the power and authority to execute, deliver and perform this Letter
      Agreement, that the undersigned has received adequate consideration therefor
      and
      that the undersigned will indirectly benefit from the closing of the
      transactions contemplated by the Purchase Agreement. 

     

    This
      Letter Agreement may not be amended or otherwise modified in any respect without
      the written consent of each of the Company, each Purchaser and the undersigned.
      This Letter Agreement shall be construed and enforced in accordance with the
      laws of the State of New 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    York
      without regard to the principles of conflict of laws. The undersigned
hereby
      irrevocably submits to the exclusive jurisdiction of the United States District
      Court sitting in the Southern District of New York and the courts of the State
      of New York located in Manhattan, for the purposes of any suit, action or
      proceeding arising out of or relating to this Letter Agreement, and hereby
      waives, and agrees not to assert in any such suit, action or proceeding, any
      claim that (i) it is not personally subject to the jurisdiction of such court,
      (ii) the suit, action or proceeding is brought in an inconvenient forum, or
      (iii) the venue of the suit, action or proceeding is improper.
      The
      undersigned hereby irrevocably waives personal service of process and consents
      to process being served in any such suit, action or proceeding by receiving
      a
      copy thereof sent to the Company at the address in effect for notices to it
      under the Purchase Agreement and agrees that such service shall constitute
      good
      and sufficient service of process and notice thereof. The undersigned hereby
      waives any right to a trial by jury. Nothing contained herein shall be deemed
      to
      limit in any way any right to serve process in any manner permitted by law.
      The
      undersigned agrees and understands that this Letter Agreement does not intend
      to
      create any relationship between the undersigned and each Purchaser and that
      each
      Purchaser is not entitled to cast any votes on the matters herein contemplated
      and that no issuance or sale of the Securities is created or intended by virtue
      of this Letter Agreement.

     

    By
      its
      signature below, the Company’s Transfer Agent hereby acknowledges and agrees
      that, reflecting this Letter Agreement, it has placed an irrevocable stop
      transfer instruction on all Securities beneficially owned by the undersigned
      until the end of the Restriction Period. This Letter Agreement shall be binding
      on successors, heirs, personal representatives and assigns of the undersigned
      with respect to the Securities and any such successor, heir, personal
      representative or assign shall enter into a similar agreement for the benefit
      of
      the Purchasers.

    

    

    ***
      SIGNATURE PAGE FOLLOWS***

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    This
      Letter Agreement may be executed in two or more counterparts, all of which
      when
      taken together may be considered one and the same agreement.

    

    

    _________________________

    Signature

    __________________________

    Print
      Name

    __________________________

    Position
      in Company

    

    Address
      for Notice:

    _______________________

    _______________________
_______________________

    _______________________

    

     

    Number
      of
      shares of Common Stock

    

    _____________________________________________________________________________

    Number
      of
      shares of Common Stock underlying subject to warrants, options, debentures
      or
      other convertible securities

     

    By
      signing below, the Company agrees to enforce the restrictions on transfer set
      forth in this Letter Agreement.

    

    THEATER
      XTREME ENTERTAINMENT GROUP, INC.   

    

    By:
      _________________________________    

    Name:

    Title:

    

    

    Acknowledged
      and agreed to

    as
      of the
      date set forth above:

    

    [insert
      name of transfer
      agent]                                  
  

    

    By:
      ________________________         

    Name:
      

    Title:Exhibit 10.1

 Exhibit 10.1

[PRO-DEX, INC. LOGO]

October 18, 2006

Dear Patrick,

This
will serve as a clarification of the resignation memo from you to the Company's
Board of Directors dated April 12, 2006.  You will be employed in the position
of Executive Vice President Business Development, to serve as Chief Business
Development Officer with such other duties as may be assigned to you by the
Company's Chief Executive Officer.  You will report directly to the Company's
Chief Executive Officer.  This position will be based out of our Santa Ana,
California office.  Your Indemnification Agreement and Directors & Officers
Insurance with us will continue to be in effect.

Your
official start date will be effective as of April 12, 2006.  Your compensation
package will include a bi-weekly salary of $6,923.08 which equals $180,000 per
year.  This is an Exempt position.  You will retain your current PTO (paid time
off) accrual and continue to accrue PTO per the schedule in the employee
handbook.  You will continue your eligibility to participate in benefits
including health, dental and life insurance and to participate in our optional
employee benefits.  

In
the event you are terminated involuntarily by the Company without "cause" as
defined below, the Company shall pay to you a severance payment equal four (4)
times your then current monthly base salary less applicable withholding as
required by law.  Such payment shall be made in equal incremental payments,
consistent with the Company's usual payroll payment periods, over a period of
four (4) months immediately following your last day of employment with the Company. 
As used herein, the term "cause" means (i) your willful breach or gross neglect
of the duties and obligations required of you either expressly or impliedly by
the terms of this letter agreement; or (ii) your commission of fraud,
embezzlement or misappropriation, involving the Company whether or not a
criminal or civil charge is filed in connection with such activity.

By
accepting this offer, you again certify your understanding that your employment
will be on an at-will basis, and that neither you nor the Company has entered
into a contract regarding the terms or the duration of your employment.  Please
sign and date both copies of this letter to indicate your acceptance of this
offer and retain one copy for your records and return the second copy to us.

 

-1-

[PRO-DEX,
INC. LOGO]

Patrick Johnson

October 18, 2006

Page two of two

In consideration of this letter agreement, you release and
forever discharge Pro-Dex, and each of its respective employees, shareholders,
officers, directors, agents, attorneys, or affiliated corporations or
organizations, and Pro-Dex releases and forever discharges you from any and all
claims, whether or not now known by you or by Pro-Dex, up to the date of this
letter.  Claims released by you hereunder include, but are not limited to, any
claims relating to your compensation (including wage, salary, bonus,
commission, incentive, vacation, medical insurance benefits, or other
compensation); rights arising out of alleged violations of any contracts,
express or implied; any covenant of good faith and fair dealing, express or
implied; any tort; and, without limitation, any local, state, or federal
statute, rule, regulation, ordinance, law, or constitutional provision,
governing employment, employment termination, discrimination or harassment in
employment, or the payment of wages or benefits, but do not include wages or
benefits currently payable in the ordinary course of  your employment as
provided herein.

You and Pro-Dex each understand and agree that you and it are
making a mutual general release of all claims, and that this release is
intended to encompass all known and unknown, foreseen and unforeseen claims
which you or any of your heirs, legal representatives, successors, or assigns
may have against Pro-Dex or any other related person or entity, and all known
and unknown, foreseen and unforeseen claims which Pro-Dex may have against
you.  You and Pro-Dex each also expressly agree that you and it waive any
rights either of you may have under Section 1542 of the California Civil Code,
which reads:  "§ 1542.  (General Release - Claims Extinguished.)  A general
release does not extend to claims which the creditor does not know or suspect
to exist in his or her favor at the time of executing the release, which if
known by him or her must have materially affected his or her settlement with
the debtor."

Signed the date first set forth above.

Sincerely,

		   /s/
Mark Murphy                                  
				

   /s/ Patrick Johnson                             

			
	Mark Murphy, Chief Executive Officer	

Patrick Johnson

			
	Pro-Dex,
Inc.   	

 

			

 

 

-2-

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