0000950137-04-008027 Sample Contracts

SALES AND MARKETING AGREEMENT
Sales and Marketing Agreement • September 27th, 2004 • Akorn Inc • Pharmaceutical preparations • New York

This Sales and Marketing Agreement, (“Agreement”) is made and entered into as of September 22, 2004 (“Effective Date”), by and between Akorn-Strides, LLC, a Delaware limited liability company having a principal place of business at 2500 Millbrook Drive, Buffalo Grove, Illinois 60089-4694 (“A-S”), and Akorn, Inc., a Louisiana corporation having a principal place of business at 2500 Millbrook Drive, Buffalo Grove, Illinois 60089-4694 (“Akron”), (each a “Party” and collectively the “Parties”).

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LIMITED LIABILITY COMPANY AGREEMENT FOR AKORN-STRIDES, LLC A DELAWARE LIMITED LIABILITY COMPANY
Limited Liability Company Agreement • September 27th, 2004 • Akorn Inc • Pharmaceutical preparations • New York

This OEM Agreement, (“Agreement”) is made and entered into as of September 22, 2004 (“Effective Date”), by and between Akorn-Strides, LLC, a Delaware limited liability company having a principal place of business at 2500 Millbrook Drive, Buffalo Grove, Illinois 60089-4694, United States of America (“A-S”), and Strides Arcolab Limited, a company organized under the laws of India having a principal place of business at Strides House, Bilekahalli, Bannerghatta Road, Bangalore 560 076, India (“Strides”), (each a “Party” and collectively the “Parties”).

OEM AGREEMENT
Oem Agreement • September 27th, 2004 • Akorn Inc • Pharmaceutical preparations • New York

This OEM Agreement, (“Agreement”) is made and entered into as of September 22, 2004 (“Effective Date”), by and between Akorn-Strides, LLC, a Delaware limited liability company having a principal place of business at 2500 Millbrook Drive, Buffalo Grove, Illinois 60089-4694, United States of America (“A-S”), and Strides Arcolab Limited, a company organized under the laws of India having a principal place of business at Strides House, Bilekahalli, Bannerghatta Road, Bangalore 560 076, India (“Strides”), (each a “Party” and collectively the “Parties”).

STRIDES CAPITAL CONTRIBUTION AGREEMENT
Contribution Agreement • September 27th, 2004 • Akorn Inc • Pharmaceutical preparations • New York

This Strides Capital Contribution Agreement (the “Agreement”) is made pursuant to that certain “Limited Liability Company Agreement for Akorn-Strides, LLC, a Delaware Limited Liability Company,” dated September 22, 2004 (the “LLC Agreement”), and is one of the two “Strides Capital Contribution Agreements” referred to therein. Terms used with capital letters in this Agreement and not otherwise defined herein shall have the meanings set forth in the LLC Agreement. This Agreement evidences Strides’ obligation to repay advances to be made by A-S to Strides as provided in Section 3.1(B)(ii) of the LLC Agreement.

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