0000950133-04-002133 Sample Contracts

MARTEK BIOSCIENCES CORPORATION ISSUER AND WACHOVIA BANK, NATIONAL ASSOCIATION TRUSTEE
Martek Biosciences Corp • May 21st, 2004 • Biological products, (no disgnostic substances) • New York

INDENTURE, dated as of [ ], [ ], between MARTEK BIOSCIENCES CORPORATION, a Delaware corporation (the “Company”), and Wachovia Bank, National Association, as trustee (the “Trustee”):

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MARTEK BIOSCIENCES CORPORATION and [ ], as Warrant Agent FORM OF COMMON STOCK WARRANT AGREEMENT Dated as of
Common Stock Warrant Agreement • May 21st, 2004 • Martek Biosciences Corp • Biological products, (no disgnostic substances) • New York

COMMON STOCK WARRANT AGREEMENT, dated as of [ ] between Martek Biosciences Corporation, a Delaware corporation (the “Company”) and [ ], a [corporation] [national banking association] organized and existing under the laws of [ ] and having a corporate trust office in [ ], as warrant agent (the “Warrant Agent”).

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MARTEK BIOSCIENCES CORPORATION and [ ], as Warrant Agent FORM OF DEBT SECURITIES WARRANT AGREEMENT Dated as of
Debt Securities Warrant Agreement • May 21st, 2004 • Martek Biosciences Corp • Biological products, (no disgnostic substances) • New York

DEBT SECURITIES WARRANT AGREEMENT, dated as of between Martek Biosciences Corporation, a Delaware corporation (the “Company”) and , a [corporation] [national banking association] organized and existing under the laws of and having a corporate trust office in , as warrant agent (the "Warrant Agent”).

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MARTEK BIOSCIENCES CORPORATION ISSUER AND WACHOVIA BANK, NATIONAL ASSOCIATION TRUSTEE
Indenture • May 21st, 2004 • Martek Biosciences Corp • Biological products, (no disgnostic substances) • New York

INDENTURE, dated as of [ ], [ ], between MARTEK BIOSCIENCES CORPORATION, a Delaware corporation (the “Company”), and Wachovia Bank, National Association, as trustee (the “Trustee”):

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MARTEK BIOSCIENCES CORPORATION and [ ], as Warrant Agent FORM OF PREFERRED STOCK WARRANT AGREEMENT Dated as of
Preferred Stock Warrant Agreement • May 21st, 2004 • Martek Biosciences Corp • Biological products, (no disgnostic substances) • New York

PREFERRED STOCK WARRANT AGREEMENT, dated as of [ ] between Martek Biosciences Corporation, a Delaware corporation (the “Company”) and [ ], a [corporation] [national banking association] organized and existing under the laws of [ ] and having a corporate trust office in [ ], as warrant agent (the “Warrant Agent”).

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