0001104659-06-005916 Sample Contracts

METABASIS THERAPEUTICS, INC. and , As Warrant Agent FORM OF COMMON STOCK WARRANT AGREEMENT Dated As Of
Common Stock Warrant Agreement • February 3rd, 2006 • Metabasis Therapeutics Inc • Pharmaceutical preparations • California

COMMON STOCK WARRANT AGREEMENT, dated as of between METABASIS THERAPEUTICS, INC., 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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