Document:

Exhibit
10.10

ADVISORY
AGREEMENT

THIS AGREEMENT (the “Agreement”), dated as of July 17,
2006, by and between InfoLogix, Inc., a Delaware corporation (the “Company”),
and Warren V. Musser or his designee (collectively with such other consultants
that Warren V. Musser shall engage), the “Advisor”).

W I T N E S S E T H:

WHEREAS, the Company is (i) developing the structure
of an offering of common stock (“Common Stock”), $0.01 par value, of the
Company that will provide the Company with at least $12,000,000 of gross
proceeds based on a pre-money valuation of the Company of $25,000,000 (the “Equity
Financing”), (ii) designing a proposed capitalization of the Company pre- and
post- such proposed Equity Financing substantially as set forth in Exhibit A
hereto (the “Cap Table”), (iii) creating an appropriate equity compensation
plan for the Company, (iv) identifying a public company into which the Company
shall merge, and (v) developing a confidential private placement memorandum to
be used in connection with the Equity Financing (subparagraphs (i)-(v), the “Merger
Transaction”); and

WHEREAS, the Advisor has been providing Company with
advice since March 2006; and

WHEREAS, in order to be properly prepared to become a
public company through the Merger Transaction, the Company wishes to obtain
help from the Advisor in formulating its business strategy, recruiting board
members and additional management personnel, and in considering other business
issues; and

WHEREAS, the Company desires to retain the Advisor and
the Advisor desires to be retained by the Company pursuant to the terms and
conditions hereinafter set forth; and

NOW, THEREFORE, in consideration of the foregoing and
the mutual promises and covenants herein contained, it is hereby agreed as
follows:

1.                                       Retention.

(a) The Company hereby
retains the Advisor on a non-exclusive basis, subject to Section 21 hereof, to
perform the services set forth in Section 1(b), commencing on the date hereof,
and the Advisor hereby accepts such retention and shall perform for the Company
the duties described herein in a professional, competent and workmanlike
manner.

(b) The Advisor shall
serve as a business advisor to the Company (the “Services”). The Advisor shall
not serve as, nor shall he pay or be responsible for fees incurred by the
Company for, either a placement agent in connection with the Equity Financing
or a finder engaged by the Company in connection with the Merger Transaction.
The Advisor shall be responsible for his own fees and expenses (including

 

legal fees). The Company will be responsible for the
fees related to its counsel, accountants, and any other third parties (such as
investor relations or public relation firms). Subject to Section 3, the Advisor
shall perform the Services pursuant to the terms hereof for a term of twelve
(12) months (the “Term”) commencing on the date hereof.

2.                                        Compensation.
In consideration for providing
the Services, the Advisor shall be paid (i) $1,000,000 in cash (the “Cash Fee”),
and (ii) warrants to purchase, on a post-split basis consistent with the Cap
Table (as defined below), 1,000,000 shares of Common Stock at an exercise price
of $2.00 per share, with a term of five years (the “Equity Fee”), payable upon
the earlier of (A) the date on which the Company consummates the Equity Financing
and (B) in twelve equal monthly installments commencing June 30,2007.

3.                                        Termination.
      (a) This Agreement may be terminated prior
to the expiration of the Term as follows:

(i)            Either
party hereto may terminate this Agreement in writing for material breach of
this Agreement by the other party upon providing written notice to the
breaching party and the expiration of a fifteen (15) day cure period (if such
breach is capable of cure); or

(ii)           The
Company may terminate this Agreement with no further obligation or liability to
the Advisor by providing written notice to the Advisor (which termination shall
be immediately effective) if the Company fails to consummate the Merger
Transaction with a public company reasonably acceptable to the Company on or
prior to the End Date (as defined herein) that results in a capitalization of
the Company as set forth on the Cap Table; provided, however, that any change
in the capitalization of the Company caused by the action or inaction of the
board of directors of the Company that results in a change in the Company’s
capitalization from that reflected on the Cap Table shall be considered an
amendment to the Cap Table. The parties hereto agree that the determination of
whether a public company is “reasonably acceptable” to the Company shall be
made by the affirmative vote of a majority of the members of the Board of
Directors.

(b)           For the purposes of Section 3(a)(ii)
and subject to the last sentence of Section 6, the capitalization of the Company
resulting from a Merger Transaction shall not be deemed to be “substantially”
as set forth in the Cap Table if the ownership interest in the Company (on a
fully diluted basis) of any of Messrs. Ciardi, DeNicola, Gulian, Wilensky or
Hodge, individually, following the consummation of such Merger Transaction
would be more than 5% less than the resulting ownership percentage in the
Company (on a fully diluted basis) of such stockholder set forth in the Cap
Table. For purposes of illustration, if the Cap Table provides that a stockholder
is to hold a 10% ownership percentage in the Company (on a fully diluted basis)
following the consummation of the transactions and the Merger Transaction
presented by the Advisor to the Company would result in such stockholder
holding an ownership percentage in the Company (on a fully diluted basis) of
greater than or equal to 9.5% (5% less than l0%), then the resulting
capitalization in such Merger Transaction would be “substantially” as set forth
in the Cap Table, but if such stockholder’s resulting ownership percentage in
the

 

Company (on a fully diluted basis) would be less than
9.5%, then the resulting capitalization would not be “substantially” as set
forth in the Cap Table.

(c)            For the purposes of this Agreement, “End
Date” shall mean the day that is the 150th day following the date hereof;
provided that the End Date shall be extended one day for each day (i) past the
140th day following the date hereof that the audited financial statements of
the Company required to be included in the Form 8-K to be filed with the
Securities and Exchange Commission in connection with the closing of the Merger
Transaction are not finalized by the Company’s auditors or (ii) past the 90th
day following the date hereof that the confidential private placement memorandum
to be used in connection with the Equity Financing is not approved by the
Company.

(d)           The Advisor hereby acknowledges that
the Company shall have no obligation to pay the Advisor any portion of the Cash
Fee or the Equity Fee if the Company terminates this Agreement pursuant to this
Section 3. Sections 3, 4, 5, 7, 8, 9 and 17 shall survive any termination of
this Agreement.

(e)            If this Agreement is terminated by
the Advisor pursuant to Section 3(a)(i) hereof, then the Company shall pay the
Advisor or his designee $250,000 in full settlement and release of all claims
against the Company and, following payment of such amount, the Company shall
have no further liability to the Advisor under this Agreement or otherwise at
law or in equity whatsoever.

4.                                        Confidential
Information. The Advisor agrees that during and after the term of this
Agreement, it will keep in strictest confidence, and will not disclose or make
accessible to any other person without the written consent of the Company, the
Company’s products, services and technology, both current and under
development, promotion and marketing programs, lists, trade secrets and other
confidential and proprietary business information of the Company or any of its
clients and third parties including, without limitation, Proprietary
Information (as defined in Section 5) (all of the foregoing is referred to
herein as the “Confidential Information”). The Advisor agrees (i) to use
the Confidential Information for the sole purpose of providing the Services,
(ii) not to use any such Confidential Information for itself or others; and
(iii) not to take any such material or reproductions thereof from the Company’s
facilities at any time except, in each case, as required in connection with the
Advisor’s duties hereunder. Notwithstanding the foregoing, the parties agree
that the Advisor is free to use (i) information in the public domain not as a
result of a breach of this Agreement, (ii) information lawfully received form a
third party who had the right to disclose such information and (iii) the
Advisor’s own independent skill, knowledge, know-how and experience to whatever
extent and in whatever way it wishes, in each case consistent with his
obligations as the Advisor and that, at all times, the Advisor is free to
conduct any research relating to the Company’s business.

5.                                        Ownership
of Proprietary Information. The Advisor agrees that all information that
has been created, discovered or developed by the Company, its subsidiaries,
affiliates, licensors, licensees, successors or assigns (collectively, the “Affiliates”)
(including, without limitation, information relating to the development of the
Company’s business created, discovered, developed by the Company or any of its
affiliates during the

 

term of this Agreement, and information relating to
the Company’s customers, suppliers, advisors, and licensees) and/or in which
property rights have been assigned or otherwise conveyed to the Company or the
Affiliates, shall be the sole property of the Company or the Affiliates, as
applicable, and the Company or the Affiliates, as the case may be, shall be the
sole owner of all patents, copyrights and other rights in connection therewith,
including, without limitation, the right to make application for statutory
protection. All the aforementioned information is hereinafter called “Proprietary
Information.” By way of illustration, but not limitation, Proprietary
Information includes trade secrets, processes, discoveries, structures,
inventions, designs, ideas, works of authorship, copyrightable works,
trademarks, copyrights, formulas, improvements, inventions, product concepts,
techniques, marketing plans, merger and acquisition targets, strategies,
forecasts, blueprints, sketches, records, notes, devices, drawings, customer
lists, patent applications, continuation applications, continuation-in-part
applications, file wrapper continuation applications and divisional
applications and information about the Company’s Affiliates, its employees and/or
advisors (including, without limitation, the compensation, job responsibility
and job performance of such employees and/or advisors). All original content,
proprietary information, trademarks, copyrights, patents or other intellectual
property created by the Advisor that does not include any specific information
relative to the Company’s Proprietary Information, shall be the sole and
exclusive property of the Advisor.

6.                                        Company
Covenants. Subject to all applicable consents of the Company’s Board of
Directors and the Company’s stockholders, the Company shall have the obligation
to consummate any Merger Transaction on or prior to the End Date that will (a)
provide for the merger of the Company with a public company, (b) provide the
Company with at least $12,000,000 of gross proceeds based on a pre-money valuation
of $25,000,000, (c) result in the capitalization of the Company substantially
as set forth in the Cap Table; provided however, that any change in the
capitalization of the Company cause by the action or inaction of the Board of
Directors of the Company that results in a change in the Company’s
capitalization from that reflected in the Cap Table shall be considered an
amendment to the Cap Table.

7.                                        Indemnification.
The Company represents that (a) all materials (other than forward looking
information, which is addressed in clause (b) of this sentence) provided or to
be provided to the Advisor or any third party regarding the Company’s financial
affairs or operations, when delivered, (i) are or shall be true and correct in
all material respects, (ii) do not or will not contain any material
misstatement of fact or omit to state any material fact necessary to make the
statements contained in such materials misleading and (iii) shall be in
compliance in all material respects with any and all applicable federal and
state securities laws and (b) any
forward looking information provided or to be provided to the Advisor regarding
the Company’s financial affairs or operations was or shall be prepared in good
faith by the management of the Company based on information known to such
management at the time of the preparation thereof. The Company agrees to
indemnify and hold harmless the Advisor and his advisors, professionals and
affiliates, the respective directors, officers, partners, members, managers,
agents and employees and each other person, if any, controlling the Advisor or
any of his affiliates (collectively, “Indemnified Person”) to the full extent
lawful, from

 

and against all losses, claims, damages, liabilities
and expenses incurred by them (including reasonable attorneys’ fees and disbursements)(collectively, “Losses”)
that result from actions taken or omitted to be taken (including any untrue
statements made or any statement omitted to be made) by the Company, its agents
or employees which relate to the scope of this Agreement and the performance of
the services by the Advisor contemplated hereunder; provided that no
Indemnified Person shall be entitled to indemnification from the Company
pursuant to this Section 7 or otherwise for any Losses that resulted from or
were related to the gross negligence or willful misconduct of any Indemnified
Person. Each person or entity seeking indemnification hereunder shall promptly
notify the Company of any loss, claim, damage or expense for which the Company
may become liable pursuant to this Section 7. No party shall pay, settle or
acknowledge liability under any such claim without consent of the party liable
for indemnification, and shall permit the Company a reasonable opportunity to
cure any underlying problem or to mitigate actual or potential damages. The
scope of this indemnification between the Advisor and the Company shall be
limited to, and pertain only to certain transactions contemplated or entered
into pursuant to this Agreement. The Company shall have the opportunity to
defend any claim for which it may be liable hereunder, provided it notifies the
party claiming the right to indemnification in writing within fifteen (15) days
of notice of the claim. The rights stated pursuant to this Section 7 shall be in
addition to any rights that the Advisor, or any other person entitled to
indemnification may have in common law or otherwise, including, but not limited
to, any right to contribution.

8.             Notices.
Any notice or other communication under this Agreement shall be in writing and
shall be deemed to have been duly given: (a) upon facsimile transmission (with
written transmission confirmation report) at the number designated below; (b)
when delivered personally against receipt therefore; (c) one day after being sent
by Federal Express or similar overnight delivery; or (d) five (5) business days
after being mailed registered or certified mail, postage prepaid. The addresses
for such communications shall be as set forth below or to such other address as
a party shall give by notice hereunder to the other Party to this Agreement.

Mr. Warren V. Musser

435 Devon Park Drive, Building 500

Wayne, PA 19087-1 945

Facsimile: 610-975-4911

InfoLogix, Inc.

101 East County Line Road

Hatboro, PA 1040

Attention: Mr. David Gulian

Facsimile: 215-604-0695

9.                                      No
Inconsistent Arrangements. Other than fees and expenses payable to
Fairmount Partners LP, or any of its affiliates, or any placement agent hired
by the Company, the Company represents and warrants that, to the Company’s
knowledge, the

 

Company will not incur any liability in connection
with the Merger Transaction to any third party as a finder, broker or placement
agent. This paragraph shall survive the termination of this letter.

10.                                 Status
of Advisor. The Advisor shall be deemed to be an independent contractor
and, except as expressly provided or authorized in this Agreement, shall have
no authority to act for on behalf of, or represent or bind in any manner, the
Company. This Agreement does not create a partnership or joint venture.

11.                                 Other
Activities of Advisor. The Company recognizes that the Advisor now renders
and may continue to render consulting and other services to other companies
that may or may not conduct business and activities similar to those of the
Company. The Advisor shall not be required to devote his full time and
attention to the performance of his duties under this Agreement, but shall
devote only so much of his time and attention as is reasonable and necessary
for such purposes. Further, the Company acknowledges and agrees that the
Advisor, its members, employees, consultants and representatives, may own or
acquire shares in the other party to the Merger Transaction, and the Company
hereby acknowledges that such holdings or acquisitions shall not be claimed to
be a breach of any duty, understanding, obligation, ethical rule, or otherwise.

12.                                 Successors
and Assigns. This Agreement and all of the provisions hereof shall be
binding upon and inure to the benefit of the parties hereto and their
respective successors and permitted assigns. This Agreement and any of the
rights, interests or obligations hereunder may not be assigned by any party
hereto without the prior written consent of the other party hereto, which
consent shall not be unreasonably withheld, except that the Advisor may assign
this Agreement to an entity created for the purpose of allowing the Advisor to
provide the services hereunder without the prior consent of the Company;
provided, that no such assignment shall release the Advisor from any liability
or obligation under this Agreement. For the purposes of clarity, Mr. Warren V.
Musser shall at all times provide the Services regardless of any assignment
permitted by the proviso in the previous sentence.

13.                                 
Severability of Provisions. If any provision of this Agreement shall be
declared by a court of competent jurisdiction to be invalid, illegal or
incapable of being enforced in whole or in part, the remaining conditions and
provisions or portions thereof shall nevertheless remain in full force and
effect and enforceable to the extent they are valid, legal and enforceable, and
no provision shall be deemed dependent upon any other covenant or provision
unless so expressed herein.

14.                                 
Entire Agreement; Modification. This Agreement contains the entire
agreement of the parties relating to the subject matter hereof, and the parties
hereto have made no agreements, representations or warranties relating to the
subject matter of this Agreement which are not set forth herein. No amendment
or modification of this Agreement shall be valid unless made in writing and
signed by each of the parties hereto.

15.             Non-Waiver.
The failure of any party to insist upon the strict performance of any of the
terms, conditions and provisions of this Agreement shall not be construed as a

 

waiver or relinquishment of future compliance
therewith; and the said terms, conditions and provisions shall remain in full
force and effect. No waiver of any term or condition of this Agreement on the
part of any party shall be effective for any purpose whatsoever unless such
waiver is in writing and signed by such party.

16.                                 
Remedies For Breach. Except as provided for in Section 3(c) hereof, the
Advisor and the Company mutually agree that any breach of Sections 4, 5, 6, 21
or 22 of this Agreement by the Advisor or the Company may cause irreparable
damage to the other party and/or their affiliates, and that monetary damages
alone would not be adequate and, in the event of such breach or threat of
breach, the damaged party shall have, in addition to any and all remedies at
law and without the posting of a bond or other security, the right to an
injunction, specific performance or other equitable relief necessary to prevent
or redress the violation of either party’s obligations under such Sections. In the event that an actual proceeding
is brought in equity to enforce such Sections, the offending party shall not
urge as a defense that there is an adequate remedy at law nor shall the damaged
party be prevented from seeking any other remedies that may be available to it.
The defaulting party shall pay all attorneys’ fees and costs incurred by the
other party in enforcing this Agreement.

17.                                 
Governing Law. The parties hereto acknowledge that the transactions
contemplated by this Agreement bear a reasonable relation to the Commonwealth
of Pennsylvania. This Agreement shall be governed by, and construed and
interpreted in accordance with, the internal laws of the Commonwealth of
Pennsylvania without regard to such state’s principles of conflicts of laws.
The parties irrevocably and unconditionally agree that the exclusive place of
jurisdiction for any action, suit or proceeding (“Actions”) relating to
this Agreement shall be in the state and/or federal courts situated in the
county of Philadelphia in the state of Pennsylvania. Each party irrevocably and
unconditionally waives any objection it may have to the venue of any Action
brought in such courts or to the convenience of the forum. Final judgment in
any such Action shall be conclusive and may be enforced in other jurisdictions
by suit on the judgment, a certified or true copy of which shall be conclusive
evidence of the fact and the amount of any indebtedness or liability of any
party therein described. Service of process in any Action by any party may be
made by serving a copy of the summons and complaint, in addition to any other
relevant documents, by commercial overnight courier to any other party at their
address set forth in this Agreement.

18.                                 
Headings. The headings of the Sections are inserted for convenience of
reference only and shall not affect any interpretation of this Agreement.

19.                                 
Counterparts. This Agreement may be executed in counterpart signatures,
each of which shall be deemed an original, but all of which, when taken
together, shall constitute one and the same instrument, it being understood
that both parties need not sign the same counterpart. In the event that any signature is delivered by facsimile
transmission, such signature shall create a valid and binding obligation of the
party executing (or on whose behalf such signature is executed) the same with
the same force and effect as if such facsimile signature page were an original
thereof.

 

20.                                 
Publicity. The Advisor shall obtain the prior written consent of the
Company to any announcement, advertisement or other publication regarding the
Merger Transaction, which consent shall not be unreasonably withheld.

21.                                 
Information. In order for the Advisor to render the Services, during the
term hereof, the Company agrees it shall consult with Advisor prior to entering
into any material definitive agreement which would require the Company to file
an Item 1.01 Form 8-K if the
Company was a public reporting company at such time.

[Signature Page
Immediately Follows]

*  *  *  *  *

 

IN WITNESS WHEREOF, the
parties have duly executed this Agreement as of the date first written above.

	
  /s/ Warren V. Musser

  	
   

  
	
  Warren V. Musser

  

 

 

	
  INFOLOGIX, INC.

  
	
  By:

  	
  /s/ David T.
  Gulian

  	
   

  	
   

  
	
  Name:

  	
  David T. Gulian

  	
   

  	
   

  
	
  Title:

  	
  CEOExhibit
10.11

INFOLOGIX, INC.

November     ,
2006

[NAME]

c/o InfoLogix, Inc.

101 East County Line Road, Suite 210

Hatboro, PA 19040

Re:          Reverse
Merger Lock-Up Agreement

Dear Mr.                    :

InfoLogix, Inc. (“InfoLogix” or the “Company”)
plans to enter into a reverse merger transaction (the “Reverse Merger”)
with a publicly-traded company, concurrently with a private placement of a
minimum of 6,000,000 shares of Common Stock (the “Financing Transactions”).  The publicly-traded company, which is called “Pubco”
for purposes of this lock-up agreement, will then succeed to and operate the
business of InfoLogix under the current management of InfoLogix.  We currently expect to close these Financing
Transactions on or around November     , 2006.  Pubco is not identified at this time due to
securities regulations regarding “insider” knowledge of upcoming transactions
involving publicly-traded securities.

You are, or will be in the future, a holder (a “Holder”)
of (i) outstanding shares of common stock of InfoLogix, or (ii) stock options
to purchase shares of common stock, which, if we are successful in closing the
Financing Transactions, will be exchanged for Common Stock of Pubco (or, in the
case of stock options, options to purchase Pubco Common Stock) (the “Pubco
Shares”) following the Financing Transactions.

It
is essential to the success of the Financing Transactions that the Company and
its financial advisors can give comfort to potential investors that the “after
market” for the Pubco Shares will not be disrupted by a very substantial block
of shares being sold in an inappropriate fashion.

By signing and returning this agreement in the manner
indicated below, you hereby agree not to, directly or indirectly, sell,
contract to sell or otherwise transfer any of the Pubco Shares beneficially
owned by you (your “Holdings”) until the first anniversary of the
closing date of the Financing Transactions. 
After the first anniversary of the closing date of the Financing
Transactions, you may sell up to 50% of your Holdings through the second
anniversary of such closing date.  After
the second anniversary of the closing date of the Financing Transactions, all
restrictions on your ability to sell Pubco Shares imposed by this agreement
shall cease.

Pubco, acting with the consent of its financial
advisors, may waive in writing any provision of this agreement if and only if
(i) any such waiver is simultaneously applicable to all other Pubco Shares
issued to holders, and (ii) at least five business days’ advance written notice
of such waiver is provided to all holders. 
In the event that a particular waiver applies to only a percentage of
the Pubco Shares held  by each holder,
then the percentage shall be identical for each such holder.

 

Because
of the importance of the lock-up to the Financing Transactions, if you fail to
execute and return this lock-up agreement to the Company, you may not be
entitled to include any of your Pubco Shares in the Registration Statement that
the Company intends to  file with the
U.S. Securities and Exchange Commission following the closing of the Financing
Transactions. Please note that there can be no assurance that such Registration
Statement will be filed, will become effective or that any or all of your Pubco
shares will be included therein.

By signing and returning this agreement, you further
(i) represent and consent that you have full power and authority to enter into
this lock-up agreement and that, upon request, you will execute any additional
documents necessary or desirable in connection with this lock-up agreement and
its enforcement; and (ii) understand that this lock-up agreement is irrevocable
by you, all authority herein conferred by you or agreed to be conferred by you
shall survive your death or incapacity, and any of your obligations hereunder
shall be binding on you and your heirs, personal representatives, successors
and assigns.

In order to enable the aforesaid covenant to be
enforced, you hereby consent to the placing of a legend and/or stop-transfer
order with the transfer agent of the Common Stock with respect to any of the
Pubco Shares registered in your name or beneficially owned by you.

Whether the Financing Transactions actually occur
depends on a number of factors.  Notwithstanding the foregoing, this lock-up
agreement will terminate  on December 15,
2006, in the event that the Financing Transactions are not completed on or
before such date.

Accordingly, to evidence your agreement to the terms
hereof, please date, sign and return this lock-up agreement to the Company by
courier, Federal Express or fax no later than
the close of business on November 28, 2006.  If you return your signed lock-up agreement
to the Company by fax, please promptly mail the executed copy of the lock-up
agreement to the Company.

[SIGNATURE PAGE FOLLOWS]

 2
 

 

Acknowledged and Agreed

this        day of November, 2006:

	
   

  	
   

  
	
  By:

  	
   

  
	
   

  
	
   

  	
   

  
	
  Name:

  
	
   

  
	
   

  	
   

  
	
  Entity (if any):

  
	
   

  
	
   

  	
   

  
	
  Title (if Shares
  held by Entity):

  

 

RETURN TO THE COMPANY BY FAX: AT (215) 604-0695

-AND-

BY FEDERAL EXPRESS OR OVERNIGHT COURIER TO:

InfoLogix,
Inc.

101 East County Line Road, Suite 210

Hatboro, Pennsylvania 19040

Attention: Chief Executive Officer

Tel: (215) 604-0691

Accepted:

INFOLOGIX, INC.

	
  By:

  	
   

  	
   

  
	
  Name:

  
	
  Title:

  

 

[SIGNATURE PAGE TO
LOCK-UP AGREEMENT]

 3

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