Continuing Unconditional Secured Guaranty Sample Contracts

CONTINUING UNCONDITIONAL SECURED GUARANTY
Continuing Unconditional Secured Guaranty • January 31st, 2006 • Acura Pharmaceuticals, Inc • Pharmaceutical preparations • New York

This Continuing Unconditional Secured Guaranty (“Guaranty”) is made on January 31, 2006 by Acura Pharmaceutical Technologies, Inc., an Indiana corporation (“Guarantor”) in favor of Galen Partners III, L.P., a Delaware limited partnership, acting in its capacity as agent for the Lenders, as defined below (“Agent”), for the benefit of the Lenders.

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