0000950123-10-075113 Sample Contracts

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • August 9th, 2010 • Medicis Pharmaceutical Corp • Pharmaceutical preparations

Medicis Pharmaceutical Corporation (the “Company”) and Richard D. Peterson (the “Executive”) entered into an Employment Agreement (the “Agreement’) effective December 22, 2008. The Company and Executive wish to amend the Agreement to modify the Executive’s salary to reflect the Executive’s additional responsibilities and to clarify the circumstances in which a change in the Executive’s authority, duties or responsibilities will be deemed to give rise to “Good Reason” for the Executive to terminate the Agreement. The Company and Executive each acknowledge that the modification of the Executive’s salary and the noted clarification is valuable to it or him and provides adequate consideration for the execution of this First Amendment.

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FIRST AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • August 9th, 2010 • Medicis Pharmaceutical Corp • Pharmaceutical preparations

Medicis Pharmaceutical Corporation (the “Company”) and Jason D. Hanson (the “Executive”) entered into an Amended and Restated Employment Agreement (the “Agreement”) effective as of December 22, 2008. The Company and Executive wish to amend the Agreement to modify the description of the Executive’s position and duties and to clarify the circumstances in which a change in the Executive’s authority, duties or responsibilities will be deemed to give rise to “Good Reason” for the Executive to terminate the Agreement. The Company and Executive each acknowledge that the modification of the Executive’s position and duties and the noted clarification is valuable to it or him and provides adequate consideration for the execution of this First Amendment.

SETTLEMENT AGREEMENT AND RELEASE
Settlement Agreement • August 9th, 2010 • Medicis Pharmaceutical Corp • Pharmaceutical preparations • Arizona

The parties to this Settlement Agreement and Release (the “Agreement” or the “Release”) are Joseph P. Cooper (“Executive”) and Medicis Pharmaceutical Corporation (the “Company”).

LICENSE AND SETTLEMENT AGREEMENT
License and Settlement Agreement • August 9th, 2010 • Medicis Pharmaceutical Corp • Pharmaceutical preparations • Delaware

This matter is before the Court on the unopposed motion of Plaintiff Medicis Pharmaceutical Corporation (“Medicis”) and Defendants Ranbaxy Inc. and Ranbaxy Laboratories Ltd. (collectively referred to herein as “Ranbaxy”).

FIRST AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • August 9th, 2010 • Medicis Pharmaceutical Corp • Pharmaceutical preparations

Medicis Pharmaceutical Corporation (the “Company”) and Mark A. Prygocki (the “Executive”) entered into an Amended and Restated Employment Agreement (the “Agreement”) effective as of December 22, 2008. The Company and Executive wish to amend the Agreement to modify the description of the Executive’s position and duties and to clarify the circumstances in which a change in the Executive’s authority, duties or responsibilities will be deemed to give rise to “Good Reason” for the Executive to terminate the Agreement. The Company and Executive each acknowledge that the modification of the Executive’s position and duties and the noted clarification are valuable to it or him and provide adequate consideration for the execution of this First Amendment.

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