0001193125-06-225070 Sample Contracts

OPTION EXCHANGE AGREEMENT
Option Exchange Agreement • November 6th, 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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EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • November 6th, 2006 • Encorium Group Inc • Services-commercial physical & biological research

THIS AGREEMENT (the “Agreement”), made as of the 1st day of November, 2006 (the “Effective Date”), by and between Encorium Group, Inc. (formerly Covalent Group, Inc.), a Delaware corporation (the “Company”), and Kai Lindevall (“Executive”).

KAI LINDEVALL EMPLOYMENT AGREEMENT
Employment Agreement • November 6th, 2006 • Encorium Group Inc • Services-commercial physical & biological research

THIS AGREEMENT (the “Agreement”), made as of the 1st day of November, 2006 (the “Effective Date”), by and between Remedium Oy, a Finnish corporation (the “Company”), Encorium Group, Inc. (formerly Covalent Group, Inc.), a Delaware corporation (“Encorium”), and Kai Lindevall (“Executive”).

Lock-Up Agreement November 1, 2006
Lock-Up Agreement • November 6th, 2006 • Encorium Group Inc • Services-commercial physical & biological research
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