0000950134-06-006418 Sample Contracts

ARADIGM CORPORATION 2005 Equity Incentive Plan Restricted Stock Bonus Agreement
Restricted Stock Bonus Agreement • March 31st, 2006 • Aradigm Corp • Electromedical & electrotherapeutic apparatus

Pursuant to the Restricted Stock Bonus Grant Notice (“Grant Notice”) and this Restricted Stock Bonus Agreement (collectively, the “Award”) and in consideration of your past services, Aradigm Corporation (the “Company”) has awarded you a stock bonus under its 2005 Equity Incentive Plan (the “Plan”) for the number of shares of the Company’s Common Stock subject to the Award as indicated in the Grant Notice. Defined terms not explicitly defined in this Restricted Stock Bonus Agreement but defined in the Plan shall have the same definitions as in the Plan.

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AMENDED AND RESTATED LICENSE AGREEMENT dated as of January 26, 2005 between ARADIGM CORPORATION and NOVO NORDISK A/S
License Agreement • March 31st, 2006 • Aradigm Corp • Electromedical & electrotherapeutic apparatus • New York

This AMENDED AND RESTATED LICENSE AGREEMENT (the “Agreement”) is entered into as of January 26, 2005 by and between Aradigm Corporation, a corporation duly organized and existing under the laws of the State of California (“Aradigm”) and Novo Nordisk A/S, a company duly organized and existing under the laws of Denmark (“Novo Nordisk”).

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