NEOSE TECHNOLOGIES, INC. 2,888,889 Shares of Common Stock, $.01 par value per share PLACEMENT AGENT AGREEMENTSubscription Agreement • September 22nd, 2003 • Neose Technologies Inc • Medicinal chemicals & botanical products • New York
Pursuant to Section 4(c) of the Escrow Agreement dated as of September , 2003 (the “Escrow Agreement”) by and among J.P. Morgan Securities, Inc., Neose Technologies, Inc. (the “Company”) and you, the Company hereby notifies you that the following subscription(s) have been rejected:
