0001299933-08-000032 Sample Contracts

RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • January 3rd, 2008 • Noven Pharmaceuticals Inc • Pharmaceutical preparations • Florida

THIS AGREEMENT made as of the 10th day of January, 2008, between Noven Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and Robert C. Strauss. (“Grantee”).

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Noven Pharmaceuticals, Inc. 11960 S.W. 144th Street Miami, Florida 33186 Dated as of January 2, 2008
Noven Pharmaceuticals Inc • January 3rd, 2008 • Pharmaceutical preparations • Florida

We are pleased that you are willing to serve as the Interim Chief Executive Officer (“Interim CEO”) of Noven Pharmaceuticals, Inc. (the “Company”). Accordingly, we would like to offer you the position of Interim CEO on the terms set forth in this letter agreement (this “Agreement”) which upon countersignature by you shall become a binding agreement between you and the Company (each, a “Party”; collectively, the “Parties”).

SEPARATION AGREEMENT
Separation Agreement • January 3rd, 2008 • Noven Pharmaceuticals Inc • Pharmaceutical preparations • Florida

THIS SEPARATION AGREEMENT (“Separation Agreement”) sets forth the voluntary agreement reached between Robert C. Strauss (“Executive”) and Noven Pharmaceuticals, Inc. (“Noven”), a Delaware corporation (Executive and Noven, collectively, referred to as “Parties”). The “Effective Date” of this Separation Agreement shall be the eighth day following the signing of this Separation Agreement by Executive.

RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • January 3rd, 2008 • Noven Pharmaceuticals Inc • Pharmaceutical preparations • Florida

THIS AGREEMENT made this 2nd day of January 2008, between Noven Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and Jeffrey Eisenberg (“Grantee”). Capitalized terms not defined herein shall have the meaning ascribed thereto in a certain Letter Agreement between the Company and the Grantee, as of dated January 2, 2008.

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