0001193125-04-007514 Sample Contracts

SUBSCRIPTION AGREEMENT
Subscription Agreement • January 22nd, 2004 • Genaera Corp • Biological products, (no disgnostic substances) • New York

This subscription (this “Subscription”) is dated January 21, 2004 between Truk Opportunity Fund, LLC (“Buyer”) and Genaera Corporation (“Seller”), whereby the parties agree as follows:

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