0001104659-06-075046 Sample Contracts

WARRANT CLARIFICATION AGREEMENT

Warrant Clarification Agreement • November 14th, 2006 • Paramount Acquisition Corp • Blank checks • New York

• Contract Type
  Warrant Clarification Agreement
• Filed
  November 14th, 2006
• Company
  Paramount Acquisition Corp
• Industry
  Blank checks
• Jurisdiction
  New York

This Warrant Clarification Agreement (this “Agreement”), dated October 12, 2006, is to the Warrant Agreement, dated as of October 21, 2005 (the “Warrant Agreement”), by and between Paramount Acquisition Corp., a Delaware corporation (“Company”), and Continental Stock Transfer & Trust Company, a New York corporation (“Warrant Agent”).

AMENDMENT TO UNIT PURCHASE OPTION

Unit Purchase Option Amendment • November 14th, 2006 • Paramount Acquisition Corp • Blank checks

• Contract Type
  Unit Purchase Option Amendment
• Filed
  November 14th, 2006
• Company
  Paramount Acquisition Corp
• Industry
  Blank checks

AMENDMENT TO UNIT PURCHASE OPTION (this “Amendment”), dated as of October 12, 2006, is made by and between Paramount Acquisition Corp. (the “Company”) and EarlyBirdCapital, Inc. (the “Holder”), to the Unit Purchase Option referred to below.