0001193125-03-030066 Sample Contracts

FIRST AMENDMENT TO LOAN AGREEMENT
Loan Agreement • August 6th, 2003 • Pharmaceutical Product Development Inc • Services-commercial physical & biological research • North Carolina

THIS FIRST AMENDMENT TO LOAN AGREEMENT (the “Amendment”), dated as of July 1, 2003, is made by and among PHARMACEUTICAL PRODUCT DEVELOPMENT, INC. (the “Borrower”), PPD DEVELOPMENT, LP, (the “Guarantor”) and BANK OF AMERICA, N.A. (the “Bank”).

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AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT
Employment Agreement • August 6th, 2003 • Pharmaceutical Product Development Inc • Services-commercial physical & biological research

THIS AMENDMENT NO. 2 (the “Amendment”), made as of this 1st day of January, 2003 (the “Effective Date”), by and between PPD Development, LP (“PPD Development”) and W. Richard Staub (“Employee”), amends that certain Employment Agreement dated May 1, 2002 between PPD Development and Employee, as heretofore amended (the “Employment Agreement”).

LOAN AGREEMENT
Loan Agreement • August 6th, 2003 • Pharmaceutical Product Development Inc • Services-commercial physical & biological research • North Carolina

THIS LOAN AGREEMENT dated as of July 1, 2003 (the “Loan Agreement” or this “Agreement”) is by and among SPOTLIGHT HEALTH, INC., a Delaware corporation (the “Borrower”), PHARMACEUTICAL PRODUCT DEVELOPMENT, INC., a North Carolina corporation (the “Company”), and BANK OF AMERICA, N.A. (the “Bank”).

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