0001193125-06-043805 Sample Contracts

FORM OF RESTRICTED STOCK AWARD AGREEMENT UNDER THE EQUITY COMPENSATION PLAN FOR DIRECTORS
Restricted Stock Award Agreement • March 2nd, 2006 • Pharmaceutical Product Development Inc • Services-commercial physical & biological research • North Carolina

THIS RESTRICTED STOCK AWARD AGREEMENT is made and entered into as of the day of , (the “Effective Date”), by and between Pharmaceutical Product Development, Inc. (the “Company”), and (the “Participant”).

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AMENDMENT TO LEASE AGREEMENT
Lease Agreement • March 2nd, 2006 • Pharmaceutical Product Development Inc • Services-commercial physical & biological research

THIS AGREEMENT, made as of the 16th day of December, 2005, by and between BBC FAMILY LIMITED PARTNERSHIP, a North Carolina limited partnership, and CAMERON PROPERTIES LIMITED PARTNERSHIP, a North Carolina limited partnership, hereinafter collectively called “Landlord”, PHARMACEUTICAL PRODUCT DEVELOPMENT, INC., a North Carolina corporation, and PPD DEVELOPMENT, LP, a Texas limited partnership (successor to PPD Pharmaco, Inc., a Texas corporation), hereinafter called “Tenant”.

FORM OF NONQUALIFIED STOCK OPTION AWARD AGREEMENT UNDER THE EQUITY COMPENSATION PLAN FOR ALL NON-DIRECTOR PARTICIPANTS
Nonqualified Stock Option Award Agreement • March 2nd, 2006 • Pharmaceutical Product Development Inc • Services-commercial physical & biological research • North Carolina

THIS AWARD AGREEMENT is made and entered into this day of , (the “Effective Date”), by and between Pharmaceutical Product Development, Inc. (the “Company”), and (the “Eligible Participant”).

FORM OF NONQUALIFIED STOCK OPTION AWARD AGREEMENT UNDER THE EQUITY COMPENSATION PLAN FOR DIRECTORS
Nonqualified Stock Option Award Agreement • March 2nd, 2006 • Pharmaceutical Product Development Inc • Services-commercial physical & biological research • North Carolina

THIS AWARD AGREEMENT is made and entered into this day of , (the “Effective Date”), by and between Pharmaceutical Product Development, Inc. (the “Company”), and (the “Eligible Participant”).

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