0001193125-05-061028 Sample Contracts

THIRD AMENDED AND RESTATED EMPLOYMENT AGREEMENT Between Senetek PLC and Frank J. Massino
Employment Agreement • March 25th, 2005 • Senetek PLC /Eng/ • Biological products, (no disgnostic substances) • California

This Third Amended and Restated Employment Agreement (“Agreement”) is made and entered into as of January 1, 2003 (the “Effective Date”), between Senetek PLC, a company organized under the laws of England (the ‘Company”) and Frank J. Massino (the “Executive”), residing at ***.

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LICENSE AGREEMENT
License Agreement • March 25th, 2005 • Senetek PLC /Eng/ • Biological products, (no disgnostic substances)

This License Agreement (this “Agreement”) is made and entered into as December 2, 2004, by and between Senetek PLC, a company formed under English law with its registered office at 3 Howard Road, Eaton Socon, St Neots, Cambridgeshire, PE19 3ET, England and with its corporate headquarters located at 620 Airpark Road, Napa, California 94558 (“Senetek”), and Ferrosan A/S, a company formed under the laws of Denmark with its corporate headquarters located at Sydmarken 5, 2860 Soeborg, Denmark (“Licensee”).

Carme Cosmeceutical Sciences, Inc. Napa, California 94558 FORBEARANCE LETTER AGREEMENT November 8, 2004
Forbearance Letter Agreement • March 25th, 2005 • Senetek PLC /Eng/ • Biological products, (no disgnostic substances) • Nevada

This letter agreement (“Agreement”) is intended to set forth the terms upon which Carme Cosmeceutical Sciences, Inc., a Delaware corporation (“Lender”), the current holder of the loan described below (the “Loan”), will agree to forbear from enforcing rights to which Lender is entitled due to the current defaults under the Loan.

SENETEK PLC
Senetek PLC /Eng/ • March 25th, 2005 • Biological products, (no disgnostic substances) • England

UPON the Claimant and the Defendant having agreed terms of settlement of the action set forth in the schedule hereto and pursuant to Part 40.6 of the CPR.

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