0001104659-08-052975 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 14th, 2008 • Macrochem Corp • Pharmaceutical preparations • New York

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of April 22, 2008 (the “Effective Date”), by and between MacroChem Corporation, Inc., a Delaware corporation (the “ Company ”), and James M. Pachence an individual who resides at 18 Elm Street, Hopewell, New Jersey, USA (the “ Executive ”).

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AGREEMENT AND PLAN OF MERGER DATED AS OF JULY 9, 2008, BY AND AMONG ACCESS PHARMACEUTICALS, INC., MACM ACQUISITION CORP. AND MACROCHEM CORPORATION
Merger Agreement • August 14th, 2008 • Macrochem Corp • Pharmaceutical preparations • New York

AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of July 10, 2008, by and among Access Pharmaceuticals, Inc. (“Parent”), MACM Acquisition Corp., a Delaware corporation and a direct wholly-owned subsidiary of Parent (“Merger Sub”) and MacroChem Corporation, a Delaware corporation (the “Company”). Certain capitalized terms used herein are defined in Section 7.03 of this Agreement.

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