0001193125-06-218149 Sample Contracts

OPTION EXCHANGE AGREEMENT
Option Exchange Agreement • October 30th, 2006 • Encorium Group Inc • Services-commercial physical & biological research • Delaware

OPTION EXCHANGE AGREEMENT (this “Agreement”), made this 2nd day of March, 2006, by and among Covalent Group, Inc., a Delaware corporation (“Covalent”) and each holder of an option, warrant or other right to purchase shares of stock of Remedium Oy, a corporation organized under the laws of Finland (“Remedium”), set forth on Exhibit A attached hereto (each an “Option Holder” and collectively the “Option Holders”).

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