Variable Prepaid Stock Purchase Agreement Sample Contracts

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Attachment to Form 4 Note (2) On May 14, 2007, the Michael J. Jandernoa Trust (the "MJJ Trust"), of which Mr. Jandernoa is Trustee, entered into a Variable Prepaid Stock Purchase Agreement (the "Variable Prepaid Agreement"). The Variable Prepaid...
Variable Prepaid Stock Purchase Agreement • November 18th, 2009 • Jandernoa Michael J • State commercial banks

On May 14, 2007, the Michael J. Jandernoa Trust (the "MJJ Trust"), of which Mr. Jandernoa is Trustee, entered into a Variable Prepaid Stock Purchase Agreement (the "Variable Prepaid Agreement"). The Variable Prepaid Agreement relates to one or more tranches, for a total of up to 770,000 shares of Perrigo Company (the "Company") common stock ("Common Stock"). On May 16, 2007, the pricing under the Variable Prepaid Agreement was finalized and the shares were divided into two tranches of 385,000 shares each, with the first tranche having a Maturity Date of May 18, 2009 ("Tranche No. 1") and the other having a Maturity Date of November 16, 2009 ("Tranche No. 2"). The Variable Prepaid Agreement constitutes a sales plan under Rule 10b5-1(c).

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