0000730469-01-500003 Sample Contracts

CONSULTING AGREEMENT
Consulting Agreement • March 28th, 2001 • Alpharma Inc • Pharmaceutical preparations • New Jersey

Employment Agreement dated as of January 1, 2001, between Mr. I. Roy Cohen ("Consultant"), an individual residing at Gracemere, Tarrytown, New York 10591, and Alpharma Inc., a Delaware corporation (the "Company") the principal place of business of which is One Executive Drive, Fort Lee, New Jersey 07024.

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FS Ascent Investments LLC Maximum $6,250,000
Loan Agreement • March 28th, 2001 • Alpharma Inc • Pharmaceutical preparations • New York
October 26, 2000 Ms. Ingrid Wiik Elmholt allé 22 N-0281 Oslo, Norway Dear Ingrid:
Employment Agreement • March 28th, 2001 • Alpharma Inc • Pharmaceutical preparations

This letter agreement will delineate the material terms of your employment by ALPHARMA Inc. ("AL" or the "Company") and its subsidiaries (together, the "Worldwide Group"). Your employment hereunder shall be deemed to have become effective on January 1, 2000 (the "Commencement Date") and shall continue in effect through the date of termination of your employment in accordance with this agreement (the "Termination Date"), subject only to such changes as may heretofore be approved by you and the Board of Directors of AL.

Termination Agreement
Termination Agreement • March 28th, 2001 • Alpharma Inc • Pharmaceutical preparations • Delaware

This Agreement (the "Agreement") is entered into as of the 29th day of December, 2000 by and among Ascent Pediatrics, Inc., a Delaware corporation (the "Company"), Alpharma USPD, Inc., a Maryland corporation (the "Lender"), Alpharma Inc., a Delaware corporation (the "Parent"),State Street Bank and Trust Company (the "Depositary") and the Original Lenders signatory hereto.

SECURITY AGREEMENT
Security Agreement • March 28th, 2001 • Alpharma Inc • Pharmaceutical preparations • New York

This SECURITY AGREEMENT (this "Agreement") is made and entered into as of December 29, 2000, by and between FS Ascent Investments LLC, a Delaware limited liability company ("Pledgor"), and Alpharma USPD Inc., a Maryland corporation (" Pledgee").

SUPPLEMENTAL AGREEMENT
Supplemental Agreement • March 28th, 2001 • Alpharma Inc • Pharmaceutical preparations • New York

SUPPLEMENTAL AGREEMENT (the "Agreement") dated December 29, 2000 among Ascent Investments, LLC, a Delaware Limited Liability Company (the "Company"), Alpharma USPD Inc., a Maryland corporation (the "Lender"), Alpharma Inc., a Delaware corporation (the "Parent") and each of the Original Lenders listed at the end of this Agreement.

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