BOND CONVERSION AGREEMENTBond Conversion Agreement • March 7th, 2002 • Derma Sciences Inc • Pharmaceutical preparations
THIS BOND CONVERSION AGREEMENT (the “Agreement”) is made as of the 7th day of January, 2002, by and among Derma Sciences, Inc., a Pennsylvania corporation with offices located at 214 Carnegie Center, Suite 100, Princeton, New Jersey (“Company”), and Galen Partners III, L.P., a Delaware limited partnership with offices at 610 Fifth Avenue, New York, New York 10020, Galen Partners International III, L.P., a Delaware limited partnership with offices at 610 Fifth Avenue, New York, New York 10020 and Galen Employee Fund III, L.P., a Delaware limited partnership with offices at 610 Fifth Avenue, New York, New York 10020 (these latter individually, a “Bondholder” and collectively, the “Bondholders”).
