0001193125-10-038936 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • February 24th, 2010 • Inspire Pharmaceuticals Inc • Pharmaceutical preparations • North Carolina

This EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is made as of February 18, 2010, by and between Inspire Pharmaceuticals, Inc. (together with its successors and assigns, “Inspire” or the “Company”), and Adrian Adams (“Executive”).

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STOCK OPTION AGREEMENT
Stock Option Agreement • February 24th, 2010 • Inspire Pharmaceuticals Inc • Pharmaceutical preparations • North Carolina

THIS AGREEMENT (“Agreement”) is made effective this 22nd day of February 2010 (the “Date of Grant”) by and between Inspire Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and Adrian Adams (the “Grantee” or “Executive”).

SEPARATION OF EMPLOYMENT AND CONSULTING AGREEMENT
Stock Award Grant Agreement • February 24th, 2010 • Inspire Pharmaceuticals Inc • Pharmaceutical preparations • North Carolina

This NONQUALIFIED STOCK OPTION GRANT AGREEMENT (this “Agreement”), dated as of (the “Date of Grant”), is delivered by Inspire Pharmaceuticals, Inc. (the “Company”) to Christy L. Shaffer (the “Grantee”).

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