RE: Termination of Distribution AgreementTermination of Distribution Agreement • December 12th, 2006 • Auxilium Pharmaceuticals Inc • Pharmaceutical preparations • Pennsylvania
Reference is made to the Distribution Agreement between Bayer Inc. (“Bayer”) and Auxilium Pharmaceuticals, Inc. (“Auxilium”), entered into on December 29, 2003 (the “Agreement”). This letter agreement sets forth the terms and conditions upon which Bayer and Auxilium have mutually agreed to terminate the Agreement. All capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Agreement. The terms and conditions of the mutual termination are as follows:
