0000878088-09-000036 Sample Contracts

CONFIDENTIAL INFORMATION OMITTED (TO BE FILED WITH THE SECURITIES AND EXCHANGE COMMISSION) ASTERISKS DENOTE SUCH OMMISSION
Asset Purchase Agreement • May 6th, 2009 • Par Pharmaceutical Companies, Inc. • Pharmaceutical preparations • New York

This Asset Purchase Agreement (this “Agreement”) is made and entered into as of March 31, 2009, by and among Par Pharmaceutical, Inc., a Delaware corporation (“Buyer”), QOL Medical, LLC, a Delaware limited liability company (“Seller”), and the members of Seller who are signatories to this Agreement (each, a “QOL Member”), it being understood that Trevor Blake and Edwin Hernandez have entered into this Agreement only with respect to Annex 1 and Annex 2 and the other QOL Members have entered into this Agreement only with respect to Annex 2. Buyer, Seller and the QOL Members are sometimes referred to in this Agreement individually as a “Party” and collectively as the “Parties”.

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SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • May 6th, 2009 • Par Pharmaceutical Companies, Inc. • Pharmaceutical preparations • New Jersey

THIS SEPARATION AGREEMENT AND RELEASE (“Release”), dated March 6, 2009 is given by Veronica Lubatkin (“EMPLOYEE”) to PAR PHARMACEUTICAL, INC., and each and any of its parent and subsidiary corporations, affiliates, departments and divisions (“THE COMPANY”). The Effective Date of this Release shall be as set forth in Section 6 herein.

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