0001144204-13-016193 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 19th, 2013 • Innovus Pharmaceuticals, Inc. • Blank checks • California

This employment agreement (the “Agreement”) is entered into by and between Bassam Damaj, Ph.D. (“you” or “your”) and Innovus Pharmaceuticals, Inc., a Nevada corporation (the “Company”). This Agreement has an effective date of January 22, 2013 (the “Effective Date”).

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INNOVUS PHARMACEUTICALS, INC. AMENDMENT TO 8% CONVERTIBLE DEBENTURE
Innovus Pharmaceuticals, Inc. • March 19th, 2013 • Blank checks

THIS AMENDMENT TO 8% CONVERTIBLE DEBENTURE (“Amendment”) is entered into as of January 12, 2013 (the “Effective Date”), by and among Innovus Pharmaceuticals, Inc., a Nevada corporation ("Issuer"), and [ ] ("Debenture Holder").

ACKNOWLEDGEMENT AGREEMENT
Acknowledgement Agreement • March 19th, 2013 • Innovus Pharmaceuticals, Inc. • Blank checks • California

THIS ACKNOWLEDGEMENT AGREEMENT is made and entered into as of March 11, 2013, by and between Vivian Liu (the “Executive”) and Innovus Pharmaceuticals, Inc., a Nevada corporation (the “Company”), (the “Agreement”). The Company and Executive may each be referred to herein as a “Party” or together as the “Parties.”

SETTLEMENT agreement
Settlement Agreement • March 19th, 2013 • Innovus Pharmaceuticals, Inc. • Blank checks • California

This Settlement Agreement (the “Agreement”), entered into as of this 4th day of October, 2012 by and between Apricus Biosciences, Inc., a Nevada corporation, with a principal place of business at 11975 El Camino Real, Suite 300, San Diego, CA 92130 (“Apricus Bio”) and Innovus Pharmaceuticals, Inc., a Nevada corporation with a principal place of business at 80 W. Sierra Madre Blvd., #392 Sierra Madre, CA 91024 (“Innovus”). In this Agreement, Apricus Bio and Innovus may each be referred to as a “Party” and collectively, as the “Parties.”

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