Letter Agreement Regarding SharesLetter Agreement Regarding Shares • February 29th, 2008 • Gorlin Steve • Pharmaceutical preparations • Delaware
Contract Type FiledFebruary 29th, 2008 Company Industry JurisdictionI, the undersigned stockholder of Point Therapeutics, Inc, intending to be legally bound, hereby agree with Point Therapeutics, Inc., a Delaware corporation (“Point”) and DARA BioSciences, Inc., a Delaware corporation (“DARA”) as follows in order to induce Point and DARA to enter into that certain Agreement and Plan of Merger, dated as of October 9, 2007 (the “Agreement”), by and among DARA, Point and DP Acquisition Corp., a Delaware corporation (“Merger Sub”), pursuant to which Merger Sub shall be merged with and into DARA resulting in DARA becoming a wholly-owned subsidiary of Point (the “Merger”).