0000893220-06-002690 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • December 21st, 2006 • Par Pharmaceutical Companies, Inc. • Pharmaceutical preparations • New Jersey

EMPLOYMENT AGREEMENT (this “Agreement”), dated as of November 10, 2006, by and between PAR PHARMACEUTICAL COMPANIES, INC., and PAR PHARMACEUTICAL, INC., each a Delaware corporation (collectively, “Par” or “Employer”), and PATRICK LePORE (“Executive”).

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SEPARATION AND RELEASE AGREEMENT
Separation and Release Agreement • December 21st, 2006 • Par Pharmaceutical Companies, Inc. • Pharmaceutical preparations • New Jersey

This Separation and Release Agreement (“Agreement”) is made by and between PAR PHARMACEUTICAL COMPANIES, INC., and PAR PHARMACEUTICAL, INC. (collectively referred to as “THE COMPANY”), and MICHAEL GRAVES (“EMPLOYEE”), a specified employee of THE COMPANY. The Effective Date of this Agreement shall be as set forth in Paragraph 9 herein.

SEPARATION AND RELEASE AGREEMENT
Separation and Release Agreement • December 21st, 2006 • Par Pharmaceutical Companies, Inc. • Pharmaceutical preparations • New Jersey

This Separation and Release Agreement (“Agreement”) is made by and between PAR PHARMACEUTICAL COMPANIES, INC., and PAR PHARMACEUTICAL, INC. (collectively referred to as “THE COMPANY”), and MARK AUERBACH (“EMPLOYEE”), a specified employee of THE COMPANY. The Effective Date of this Agreement shall be as set forth in Section 8 herein.

SEPARATION AND RELEASE AGREEMENT
Separation and Release Agreement • December 21st, 2006 • Par Pharmaceutical Companies, Inc. • Pharmaceutical preparations

This Separation and Release Agreement (“Agreement”) is made by and between PAR PHARMACEUTICAL COMPANIES, INC., and PAR PHARMACEUTICAL, INC. (collectively referred to as “THE COMPANY”), and SHANKAR HARIHARAN (“EMPLOYEE”), a specified employee of THE COMPANY. The Effective Date of this Agreement shall be as set forth in Section 9 herein.

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