Exhibit 10.38 PLEDGE AGREEMENTPledge Agreement • February 11th, 1997 • Pharmaceutical Resources Inc • Pharmaceutical preparations • New York
TRANSACTION SUMMARY REVOLVING CREDIT LOAN Maximum Amount: $20,000,000 --------------- Term: 3 years ----- Revolving Credit Rate: Index Rate plus 2.50% --------------------- Borrowing Base: The sum of (i) 85% (or such lesser percentage --------------...Loan and Security Agreement • February 11th, 1997 • Pharmaceutical Resources Inc • Pharmaceutical preparations • New York
