0000950123-11-062934 Sample Contracts

AETERNA ZENTARIS INC. Common Shares At Market Issuance Sales Agreement
Sales Agreement • June 30th, 2011 • Aeterna Zentaris Inc. • Pharmaceutical preparations • New York

Aeterna Zentaris Inc. (the “Company”), a corporation formed under the Canada Business Corporations Act (the “CBCA”), confirms its agreement (this “Agreement”) with McNicoll, Lewis & Vlak LLC (“MLV”), as follows:

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