0001137171-03-000435 Sample Contracts

PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT (DIRECTORS, SENIOR OFFICERS AND EMPLOYEES RESIDENT IN BRITISH COLUMBIA)
Subscription Agreement • September 25th, 2003 • Micrologix Biotech Inc • Pharmaceutical preparations • British Columbia
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EXECUTIVE EMPLOYMENT AGREEMENT MICROLOGIX BIOTECH INC.
Executive Employment Agreement • September 25th, 2003 • Micrologix Biotech Inc • Pharmaceutical preparations • British Columbia

In consideration of the senior position of (TITLE), which is effective (DATE), the Company is providing you with this Employment Agreement which outlines the terms and conditions of your employment. The terms and conditions are set out below:

STOCK PURCHASE AGREEMENT BY AND BETWEEN HYBRIDON INC. AND MICROLOGIX BIOTECH INC. December 17, 2002
Stock Purchase Agreement • September 25th, 2003 • Micrologix Biotech Inc • Pharmaceutical preparations • British Columbia
Suite 203 Vancouver V6H 4B4
Employment Agreement • September 25th, 2003 • Micrologix Biotech Inc • Pharmaceutical preparations

Further to our previous discussion, this is to confirm the Board of Directors’ approval to amend your Employment Agreement dated October 1, 2001 (as amended by a letter dated January 31, 2003) as follows:

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