0000878088-11-000030 Sample Contracts

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • February 24th, 2011 • Par Pharmaceutical Companies, Inc. • Pharmaceutical preparations • New Jersey

THIS SEPARATION AGREEMENT AND RELEASE (this “Release”), is entered into as of December 17, 2010 by and between Par Pharmaceutical, Inc., a Delaware corporation (the “Company”), and John A. MacPhee, a resident of the State of New Jersey (“Employee”). The Effective Date of this Release shall be as set forth in Section 6 herein.

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