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Exhibit 10.50

LICENSE AND SUPPLY AGREEMENT

This License and Supply Agreement (Agreement) is made and entered into as of
the sixth day of June, 2003 (Effective Date), by and between (i) Martek
Biosciences Corporation, a Delaware USA corporation (Licensor), and (ii)
Nestec Ltd., a corporation organized under the laws of Switzerland with offices
located at Avenue Nestlé 55, CH  1800, Vevey, Switzerland (Licensee).

WITNESSETH:

WHEREAS, Licensor has developed certain technology relating to the use of
Omega-3 and Omega-6 long-chain polyunsaturated fatty acid-containing
triglycerides for incorporation into infant formula;

WHEREAS, Licensee and its affiliates are in the business of developing,
manufacturing and marketing infant nutritional products;

WHEREAS, Licensee desires to obtain a non-exclusive license from Licensor
to use, market, import, export, distribute, offer for sale and sell Omega-3 and
Omega-6 long-chain polyunsaturated fatty acid-containing triglycerides produced
by Martek using the Technology (as defined hereunder), and Licensor is willing
to grant such license subject to the conditions and pursuant to the terms set
forth in this Agreement; and

WHEREAS, Licensee, in addition, desires to purchase, or to have its
designee purchase, the Martek Products (as defined hereunder) from Licensor for
purposes of enabling Licensee to manufacture, use and sell the Licensee Product
(as defined hereunder) and Licensor is willing to supply such Martek Products
to Licensee or to any Licensee designee approved in writing by Martek subject
to the conditions and pursuant to the terms set forth in this Agreement.

NOW, THEREFORE, in consideration of the premises and of the mutual
covenants of the parties hereto, each party hereby agrees with the other as
follows:

ARTICLE I

DEFINITIONS

Section 1.1.
Affiliate shall mean any person, corporation, firm,
partnership or other entity which directly or indirectly owns Licensee, is
owned by Licensee or is owned by a party which owns Licensee to the extent that
the owning entity has in excess of fifty percent (50%) of the equity having the power
to vote on or direct the affairs of the owned entity.

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.





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Section 1.2.
Designee shall mean any entity that is designated by
Licensee, and is approved by Licensor in writing subject to Licensors right to
withdraw such approval in its discretion, to order quantities of the Martek
Products from Licensor solely for (a) microencapsulation and/or other
processing approved by Licensor and (b) resale to Licensee.

Section 1.3.
Infant Formula Product shall mean a breast milk substitute
formulated industrially in accordance with applicable Codex Alimentarius and/or
United States Food and Drug Administration standards (i) to satisfy the total
normal nutritional requirements of infants from birth up to between four (4)
and six (6) months of age and adapted to their physiological characteristics or
fed in addition to other foods to infants up to approximately one (1) year of
age and older or (ii) to satisfy the normal nutritional requirements of infants
born prematurely, as well as nutritional requirements of infants with special
dietary needs.

Section 1.4.
Licensed Patents shall mean the patents and patent
applications attached hereto as Exhibit 1 attached hereto and all other patents
and patent applications in the Territory owned by Licensor or licensed to
Licensor (with the right to sublicense) which cover the Technology, including
all patents and patent applications covering inventions, improvements or
modifications conceived or developed and owned by or licensed to Licensor (with
the right to sublicense) during the term of this Agreement and included in the
Technology, and all divisionals, continuations, continuations-in-part,
reexaminations and extensions thereof.

Section 1.5.
Licensee Product shall mean any product (i) which is an
Infant Formula Product, (ii) which is developed and/or manufactured by or for
Licensee or its Affiliates, (iii) which bears Licensees brand or the brand of
an Affiliate and (iv) which if sold in any country where any Licensed Patent
has issued, would infringe any such Licensed Patent but for the license granted
in Article II hereof.

Section 1.6.
Martek Products shall mean triglycerides containing Omega-3
and/or Omega-6 long-chain polyunsaturated fatty acids produced by or for
Licensor, by microbial fermentation according to Marteks technology and the
Licensed Patents.

Section 1.7.
Specifications shall mean the specifications for the Martek
Products that are attached hereto as Exhibit 2, as they may be changed by
written agreement between the parties technical personnel from time to time.

Section 1.8.
Technology shall mean Licensors trade secrets, goodwill,
data, know-how, technology and practices for incorporating the Martek Products into Infant Formula Products, and any modifications, improvements, and
enhancements to any of the foregoing made by Licensor, which are proprietary to

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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Licensor and which, in Licensors opinion, are necessary or useful in the
production and development of the Licensee Products.

Section 1.9.
Territory shall mean the countries or other geographic
areas listed in Exhibit 3 attached hereto.

Section 1.10.
Third Party shall mean any party other than Licensor,
Licensee and Affiliates.

Section 1.11.
Trademark(s) shall mean the Licensor trademarks FORMULAID,
NEUROMINS, DHASCO and ARASCO. Exhibit 4 attached hereto sets forth the
Trademarks and the jurisdictions where they have been registered as of the date
of this Agreement.

Section 1.12.
Unit of the Martek Products shall mean that quantity of
the Martek Products containing one (1) kilogram of docosahexaenoic acid and/or
arachidonic acid.

ARTICLE II

GRANT OF LICENSE AND OTHER
RIGHTS

Section 2.1.
License. Licensor hereby grants to Licensee, under the
Licensed Patents, the Technology, and Licensors other proprietary rights, for
the term of this Agreement and subject to the conditions of this Agreement, a
non-exclusive right and license, in the Territory, directly or through
sublicense to an Affiliate, (i) to incorporate, or permit a Designee to
incorporate, the Martek Products provided hereunder into or with one or more
Infant Formula Products to produce the Licensee Product and (ii) to use,
market, import, export, distribute, offer for sale and sell the Licensee
Product.

Section 2.2.
Transfer of the Martek Products. Nothing in this Agreement
shall be construed to permit Licensee or its Affiliates to sublicense the
Martek Products or the Technology or otherwise unilaterally transfer to any
Third Party the Martek Products or the Technology except as the same are
incorporated into or used in the manufacture of the Licensee Product.
Notwithstanding the foregoing, Licensee may transfer the Martek Products, or
may direct Licensor to transfer the Martek Products, to any Designee solely for
(a) microencapsulation and/or other processing that may be approved in writing
by Licensor and (b) resale to Licensee. The parties agree that any Designee
may perform said microencapsulation and/or other approved processing, outside
of the Territory.

Section 2.3.
Sublicensing. The grants to Licensee under this Article II
shall not include the right to grant sublicenses, except sublicenses to its
Affiliates.

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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Section 2.4.
Trademarks. In addition to the license granted hereunder
relating to the Martek Products and the Technology, Licensor hereby grants to
Licensee the non-exclusive, right and license to use the Trademarks solely on
and in connection with the sale of any Licensee Product that contains a Martek
Product, with the further agreement that Licensee may elect to so use the
Trademarks at Licensees sole discretion. If Licensee so uses the Trademarks,
the rights granted in this Section 2.4 shall be subject to the following terms
and conditions:

(i)       Licensee shall not use the Trademarks as or as part of its corporate
or business name or the name of any business entity which is controlled by it,
whether an Affiliate or otherwise.

(ii)     Licensee and its Affiliates shall have no right to sublicense to
Third Parties any of the rights in the Trademarks conveyed hereunder.

(iii)     Licensee and its Affiliates shall not affix or use the Trademarks on
any product other than a Licensee Product that contains a Martek Product.

(iv)       Licensee recognizes and acknowledges Licensors ownership of the
Trademarks and Licensors intent to protect the Trademarks in the Territory.
Licensee covenants and agrees that it and its Affiliates shall not challenge,
or cause a Third Party to challenge, Licensors right, title or interest in and
to the Trademarks anywhere in the world. All uses by Licensee or its
Affiliates of the Trademarks in the Territory shall inure to the benefit of
Licensor, and Licensee and its Affiliates shall make no use or apply for any
registration thereof except as permitted by this Agreement. Upon reasonable
request by Licensor and at Licensors expense, Licensee shall assist Licensor,
including but not limited to the execution of appropriate documents, in
effectuating, registering, and otherwise maintaining Licensors rights in the
Trademarks. Nothing in this Agreement shall be construed so as to require
Licensor to take any actions or measures to protect or secure any rights in or
obtain or apply for registration of the Trademarks.

(v)     Licensee covenants that to the extent that any Trademark is, or
Licensor notifies Licensee that any Trademark has been registered in any
jurisdiction in the Territory, Licensee will use the trademark registration
symbol ® at least one time per label, labeling or packaging of the Licensee
Product that contains a Martek Product or on the labels, labeling or packaging
thereof and on all material originating with Licensee or its Affiliates and
used to promote the sale of any Licensee Product that contains a Martek Product
in the applicable jurisdiction, and the following legend prominently shall
appear at least once in each such Licensee Product or material in each such
jurisdiction: [Trademark]® is a registered trademark of Martek Biosciences Corporation. Until such time
as Licensor obtains a registration on any Trademark in a particular
jurisdiction,

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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Licensee shall substitute the symbol  in place of the
symbol ® and remove the reference to registered for the foregoing legend in
such jurisdiction.

(vi)       Licensee covenants that Licensee Products that contain any Martek
Product manufactured for and by it and sold by it under the Trademarks shall be
of as high a quality as other like products sold by Licensee. Upon written
request by Licensor no more than once per calendar year, Licensee shall furnish
to Licensor, free of cost, (i) representative samples of products sold by
Licensee under the Trademarks to ensure compliance with the covenant set forth
in this Section 2.4(vi), and (ii) representative samples of printed items used
or to be used by Licensee in connection with the Trademarks to ensure
appropriate size and placement of the Trademarks, subject to applicable laws
and regulations.

(vii)       Licensee shall advise Licensor of any infringement of any Trademark
of which it or its Affiliates becomes aware, but Licensee and its Affiliates
shall not bring any action with respect to any such infringement without
Licensors prior written consent. Licensee and its Affiliates shall cooperate
with Licensor, at Licensors request and at Licensors expense, with respect to
any of Licensors efforts to protect its interests in the Trademarks. Nothing
in this Agreement shall be construed so as to require Licensor to take any
actions or measures with respect to any alleged, suspected or known
infringement of the Trademarks.

(viii)     Nothing in this Section 2.4 or in this Agreement shall be construed
to require Licensee or its Affiliates to use any of the Trademarks on the
Licensee Product or on the labels, labeling or packaging thereof or on
materials used to promote the sale of the Licensee Product.

ARTICLE III

PURCHASE AND SUPPLY OF THE MARTEK
PRODUCTS

Section 3.1.
Purchase of the Martek Products. During the Term of this
Agreement and subject to Section 3.2.(ii), Licensee shall purchase and/or shall
direct the Designee(s) to purchase, from Licensor, Licensees total
requirements for the Martek Products as required by Licensee for manufacture of
the Licensee Product.

Section 3.2.
Forecasts, Supply and Orders.

(i)     On the Effective Date of this Agreement, Licensee shall give Licensor
written notice of the quantity of the Martek Products, in each of the
applicable pricing alternatives set forth in Exhibit 5, which Licensee
estimates in good faith that it will order or direct the Designee(s) to order
from Licensor during the remainder of the current calendar year. Not later than November 30 of
each year during the term of this Agreement, Licensee shall give Licensor
written notice of the

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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quantity of the Martek Products, in each of the
applicable pricing alternatives set forth in Exhibit 5, which Licensee
estimates in good faith that it will order or direct the Designee(s) to order
from Licensor during the next subsequent calendar year. In addition to the
foregoing, one (1) month before the commencement of each calendar quarter
during the Term of this Agreement, Licensee shall provide Licensor with
Licensees firm requirements of the Martek Products for the following quarter
and Licensees tentative requirements of the Martek Products for each of the
three (3) succeeding calendar quarters, specifying quantities by Designee and
requested delivery dates.

(ii)       Licensor shall use commercially reasonable efforts to have available
for shipment to Licensee or to a Designee for Licensees account such
quantities of the Martek Products as Licensee forecasts in good faith pursuant
to Section 3.2(i) above and any additional quantities which Licensee may
require. Licensor and Licensee shall work together to further develop and
improve the production technology related to the Martek Products. In case for
any reason Licensor cannot or does not supply such quantities of the Martek
Products to Licensee, Licensee shall be allowed to use an alternative supplier
for quantities of Omega-3 and Omega-6 long-chain polyunsaturated fatty acids
equal to the quantities of Martek Products not delivered by Licensor.

(iii)     Licensee shall issue and/or shall direct the Designee(s) to issue
formal purchase orders at least sixty (60) days in advance of the date on which
Licensee or the Designee requests that Martek ship the Martek Products and,
subject to the provisions of Section 3.2(ii) above, Licensor shall be obligated
to fill such orders as long as Licensee is not in default of this Agreement.

(iv)     Purchase orders which have been received by Licensor shall be
considered firm orders and shall only be canceled or amended by mutual consent
of Licensor and Licensee.

Section 3.3.
Order and Delivery Terms.

(i)     The Martek Products shall be delivered F.O.B. Licensors place of
shipment to Licensee or a Designee, as specified in the applicable order.

(ii)       Title to and risk of loss of the Martek Products shall be transferred
to Licensee upon delivery by Licensor to a carrier for shipment to Licensee or
a Designee.

(iii)       In connection with ordering and delivering the Martek Products,
Licensor and Licensee or a Designee may employ their standard forms, but
nothing in these forms shall be construed to modify or amend the terms of this
Agreement and, in case of conflict herewith, this Agreement shall control.

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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ARTICLE IV

TERM AND TERMINATION

Section 4.1.
Term. This Agreement shall commence on the Effective Date
and, unless earlier terminated pursuant to another Section of this Article IV,
shall terminate as to each country in the Territory in which a Licensee Product
is sold, on the twenty-fifth anniversary of the date of first commercial sale
of any Licensee Product in such country and, as to each country in the
Territory in which a Licensee Product has not been sold prior to the
twenty-fifth anniversary of the date first written above, upon such
twenty-fifth anniversary (Term). Upon expiration of this Agreement as to
each country, Licensee shall have a fully paid, royalty free license to
continue to utilize the Martek Products and the Technology in such country as
provided for in Section 2.1 above. Upon expiration of this Agreement as to
each country, Licensee shall have a fully paid, royalty free license to
continue to utilize the Trademarks in such country in accordance with Section
2.4 above.

Section 4.2.
Termination in Case of Material Breach; Opportunity to Cure.
Either party to this Agreement may terminate this Agreement upon thirty (30)
days written notice if the other party shall commit a material breach of this
Agreement and shall not cure such breach within such thirty (30) day period.

Section 4.3.
Termination in Case of Infringement. Licensee shall have the
right to terminate this Agreement in a particular country within the Territory
if a court or other tribunal of competent jurisdiction determines by final
order that the Technology or any of the Martek Products infringes upon the
patent or other proprietary rights of any Third Party in such country;
provided, however, that if, prior to any such termination, Licensor develops a
non-infringing alternative or obtains a license from such Third Party, such
that Licensee could lawfully use the Technology and/or the Martek Products (as
the case may be) in connection with the Licensee Products at no additional cost
or expense to Licensee beyond that expressly provided in this Agreement,
Licensee shall not terminate this Agreement.

Section 4.4.
Termination in Case of Insolvency. Notwithstanding any other
provisions of this Agreement, either party to this Agreement may terminate this
Agreement upon giving notice to the other, should the other commit an act of
bankruptcy, declare bankruptcy, be declared bankrupt, enter into an arrangement
for benefit of creditors, enter into a procedure of winding up or dissolution,
or should a Trustee or Receiver be appointed for the other or upon the
expropriation, takeover or nationalization of the other party or a majority
portion of its assets by governmental action.

Section 4.5.
Termination at Will by Licensee. Licensee shall have the
right to terminate this Agreement at will, with or without cause, upon ninety
(90) days

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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prior written notice to Licensor, provided that such termination
shall be effective no earlier than the first anniversary of the date upon which
Licensee made the last payment to Licensor under Section 5.1(i) below.

Section 4.6.
Effect of Termination. Upon termination of this Agreement in
its entirety prior to its normal expiration, (a) Licensor shall have the right,
but not the obligation, to purchase from Licensee, at Licensees cost, unused
inventories of the Martek Products, and (b) Licensee and its Affiliates may
continue to distribute the Licensee Products if, to the extent lawful, Licensee
continues to pay any applicable royalty that may be payable under Section 5.3
below with respect to such Licensee Products and otherwise continues to comply
with the terms and conditions of this Agreement.

Section 4.7.
Other Rights and Remedies; Limitation of Liability. Unless
another provision of this Agreement specifically provides to the contrary, the
rights of termination as herein provided shall be in addition to all other
rights and remedies which either party may have to enforce this Agreement or to
secure damages for the breach hereof, and the exercise of any right of
termination as herein provided by either party shall not relieve the other of
any of its obligations under this Agreement accruing prior to the effective
date of termination, including, but not limited to, the obligation to pay fees
and any applicable royalties pursuant to Article V below or to render reports
with respect thereto.

ARTICLE V

PAYMENTS BY LICENSEE

Section 5.1.
License Fee. In return for the license and other rights
granted hereby, Licensee shall pay to Licensor a one-time, non-refundable
license fee of Eight Million U.S. Dollars (US$8,000,000.00), Five Million U.S.
dollars (US$5,000,000.00) of which is payable within five (5) business days
after the execution of this Agreement and Three Million U.S. dollars
(US$3,000,000.00) of which is payable not later than January 31, 2004. After
the license fee has been paid in full, a portion thereof equal to One Million
U.S. dollars ($1,000,000.00) shall be (a) creditable by Licensee against any
amounts payable by Licensee to Licensor in accordance with Section 5.2 below
and/or Section 5.3 below for the Martek Products or (b) refunded by Licensor to
Licensee on a dollar-for-dollar basis in respect of amounts paid to Licensor by
any Designee in accordance with Section 5.2 below.

Section 5.2.
Product Pricing. In order to provide Licensee with payment
flexibility for different markets, Licensor makes available a variety of
pricing alternatives as set forth in Exhibit 5. During the term of this
Agreement, Licensee and the Designee(s) shall pay for the Martek Products in
any order submitted by

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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Licensee or a Designee in accordance with the payment
alternative set forth in Exhibit 5 attached hereto which Licensee or a Designee
has selected in such order. Licensee hereby covenants and agrees to abide by
the conditions that may be applicable to the pricing alternative Licensee
selects in any order, which shall be applicable to the Martek Products
delivered to Licensee or a Designee pursuant to that order, and Licensee shall
certify in writing to Licensor, within five (5) business days after each
anniversary of the Effective Date, that Licensee has complied with this
covenant during the preceding twelve (12) month period. Calculations based on
annual ordering volumes shall be made using forecasts submitted to Licensor by
Licensee in accordance with Section 3.2(i). If the quantity forecasted for
purchase in accordance with a particular pricing alternative is less than the
quantity actually purchased during a calendar year in accordance with that
pricing alternative, Licensor shall invoice Licensee within thirty (30) days
after the end of the calendar year for an amount equal to the difference, if
any, between the total price paid in accordance with that pricing alternative
and the total purchase price payable in accordance with that pricing
alternative for the quantity of Martek Products actually purchased from
Licensor. Alternatively, if the quantity actually purchased during a calendar
year in accordance with a particular pricing alternative exceeds the quantity
forecasted for purchase in accordance with that pricing alternative, Martek
shall credit against future purchases of Martek Product by Licensee from
Licensor an amount equal to the difference, if any, between the total purchase
price payable for the quantity actually purchased in accordance with that
pricing alternative and the total price paid by Licensee in accordance with
that pricing alternative.

Section 5.3.
Royalties.

(i)     In addition to the amounts due from Licensee and the Designees under
Sections 5.1 and 5.2 above, Licensee shall pay royalties to Licensor if
required by the payment alternative set forth in Exhibit 5 attached hereto
which Licensee has selected in any order for the Martek Products.

(ii)     All applicable royalties with respect to each Licensee Product sold
shall be paid quarterly within sixty (60) days of the close of each of
Licensees three (3) month and annual accounting periods, based on Licensees
fiscal year, with respect to Licensees and its Affiliates sales occurring
during such quarters, at Licensors office as set forth below. Quarterly
royalty payments shall be made in U.S. Dollars at the sales price applicable
thereto if in U.S. Dollars or, if in another currency, such quarterly royalty
payments shall be the sum of royalties due for the three (3) months of the
applicable quarter calculated for each such month using the beginning and
ending months published exchange rate, set one (1) business day prior to month
end, by Reuters divided by two (2) (if a Reuters exchange rate is not available for certain countries, an exchange rate established by a
recognized third party will be used).

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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Section 5.4.
Taxes. Any and all payments required under this Agreement to
be made by Licensee to Licensor shall be made free and clear of, and without
deduction or withholding for, any and all present or future non-U.S. taxes,
levies, imposts, deductions, charges or withholdings, and all liabilities with
respect thereto (all such taxes, levies, imposts, deductions, charges,
withholdings and liabilities being hereinafter referred to as Taxes) unless
such Taxes are required by law or the administration thereof to be deducted or
withheld. If Licensee shall be required by law or administration thereof to
deduct or withhold any Taxes from or in respect of any sum payable hereunder,
(a) the sum payable shall be increased as may be necessary so that after making
all required deductions or withholdings (including deductions or withholdings
applicable to additional amounts paid under this Section) Licensor receives an
amount equal to the sum it would have received if no such deduction or
withholding had been made, (b) Licensee shall make such deductions or
withholdings; and (c) Licensee shall pay the full amount deducted or withheld
to the relevant taxation or other authority in accordance with applicable law.
Within 30 days after the date of any payment of Taxes, Licensee will furnish to
Licensor a copy of a receipt evidencing payment thereof.

Section 5.5.
Payment Terms and Guarantee. Licensee and the Designee(s),
as applicable, shall pay all correct invoices for amounts due in accordance
with Section 5.2 above within thirty (30) days from the postmark date or date
of transmission by facsimile, as applicable, of Licensors invoice. Neither
the postmark date nor the facsimile transmission date of Licensors invoice for
the purchase price for the Martek Products will be deemed to be earlier than
the date of delivery of such Martek Products. For any invoices containing
invoicing errors, such dates, with respect to the incorrect portions of the
invoice only, are extended until the invoicing errors are corrected and a new
invoice, with respect to the incorrect portions on the original invoice, is
received by Licensee. In order to induce Licensor to fill orders for the
Martek Products placed by the Designees, Licensee hereby assumes responsibility
for, and unconditionally guarantees, the timely payment of amounts due from the
Designees (the Guaranteed Obligations) promptly upon receipt from Licensor of
notice of nonpayment of any such amount. Licensor shall not be required, prior
to any such notice to Licensee, to pursue or exhaust any of its rights or
remedies against a defaulting Designee with respect to performance of any
Guaranteed Obligation.

Section 5.6.
Sample Analysis. Licensor shall have the right to analyze
samples of the Licensee Product at any time and from time to time for purposes
of verifying that Licensee has complied with any conditions that may be
applicable to the pricing alternative(s) selected by Licensee for any order of
the Martek Products. The expenses of such analyses shall be borne by Licensor;
provided, however, that Licensee shall provide reasonable samples to Licensor without charge upon
Licensors request, to be made no more often than quarterly, and provided,
further,

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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that Licensee shall be charged for the expense of any such analysis
that discloses a failure to comply with any applicable condition.

Section 5.7.
Commercialization and Other Expenses. Licensee and its
Affiliates shall pay all expenses for their commercialization of the Licensee
Product.

ARTICLE VI

REPRESENTATIONS AND WARRANTIES

Section 6.1.
Licensors Representations and Warranties. Licensor
represents and warrants to the Licensee as follows:

(i) 
     Exhibit 1 attached hereto sets forth a complete and accurate list of
the Licensed Patents as of the date of this Agreement.

(ii)     Licensor has all necessary corporate power and authority to enter
into this Agreement and perform its obligations hereunder with regard to the
Technology, the Licensed Patents and the Martek Products. Licensors
performance under this Agreement does not conflict with any other contract to
which Licensor is bound.

(iii)       As of the date of this Agreement, Licensor has no actual knowledge
of the existence of any Third Party patents, other than Suntorys patent #JP
2697834 in Japan directed to arachidonic acid technology, which would preclude
commercial exploitation in the Territory, by Licensee or its Affiliates, of the
Technology, the Martek Products, or the Licensed Patents.

(iv)       Licensor warrants that the Martek Products will be manufactured in
compliance with current good manufacturing practices promulgated by U.S. Food
and Drug Administration, including knowledge or documentation of origin of all
raw materials, and in accordance with the Specifications. Licensor shall
supply a certificate of conformity with the Specifications. The exclusive
liability of Licensor, and Licensees exclusive remedy, for failure of any
Martek Product to conform to the Specifications shall be the replacement of the
nonconforming Martek Products at no additional charge to where it was delivered
and found to be in non-conformity or a refund of the purchase price paid by
Licensee for the nonconforming Martek Products (including duty, freight,
insurance charges, and other similar related expenses) at the Licensors sole
option.

(v)       Once a year and at mutually agreeable times during Licensors normal
business hours, Licensee shall have the right but not the obligation to inspect
manufacturing facilities owned by Licensor where the Martek Products are
produced upon reasonable notice to Licensor.

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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Section 6.2.
Licensors Disclaimers.

(i)     EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, LICENSOR HEREBY
DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS AND IMPLIED, INCLUDING WITHOUT
LIMITATION ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE
AND NONINFRINGEMENT, RELATING TO THE MARTEK PRODUCTS, THE TECHNOLOGY OR THE
TRADEMARKS. LICENSOR MAKES NO REPRESENTATIONS OR WARRANTIES AND HAS NO DUTY TO
ENSURE THAT THE TECHNOLOGY OR THE MARTEK PRODUCTS ARE USABLE WITH THE LICENSEE
PRODUCT OR THAT THE TECHNOLOGY OR THE MARTEK PRODUCTS ARE SAFE IN ALL DOSAGES
FOR ALL PERSONS OR CAN BE INCORPORATED SAFELY INTO THE LICENSEE PRODUCT. IT IS
HEREBY ACKNOWLEDGED AND AGREED THAT IT SHALL BE LICENSEES RIGHT AND OBLIGATION
TO DETERMINE THE SAFETY AND UTILITY OF EACH MARTEK PRODUCT AS IT RELATES TO THE
LICENSEE PRODUCT.

(ii)     LICENSOR HEREBY DISCLAIMS ANY WARRANTY THAT THE TECHNOLOGY, THE
MARTEK PRODUCTS, THE LICENSED PATENTS OR THE TRADEMARKS ARE FREE FROM
INFRINGEMENT BY THIRD PARTIES. LICENSOR FURTHER DISCLAIMS ANY WARRANTY
RELATING TO THE PATENTABILITY OF, OR THE VALIDITY OF ANY PATENTS RELATING TO,
THE TECHNOLOGY OR THE MARTEK PRODUCTS AND MAKES NO REPRESENTATIONS WHATSOEVER
WITH REGARD TO THE SCOPE OF ANY LICENSED PATENTS OR THAT ANY LICENSED PATENTS
MAY BE COMMERCIALLY EXPLOITED WITHOUT INFRINGING OTHER PATENTS.

(iii)       SUBJECT TO SECTION 11.2, LICENSOR HEREBY DISCLAIMS AND SHALL NOT BE
LIABLE FOR ANY DAMAGES OF ANY NATURE RESULTING OR ARISING FROM OR RELATING TO
(A) THE USE, MANUFACTURE, DISTRIBUTION, MARKETING, OR SALE BY LICENSEE, ITS
AFFILIATES OR ANY THIRD PARTY OF THE TECHNOLOGY, THE MARTEK PRODUCTS OR THE
LICENSEE PRODUCT, OR (B) ANY IMPROVEMENTS OR MODIFICATIONS TO THE TECHNOLOGY,
THE MARTEK PRODUCTS OR THE LICENSEE PRODUCT WHICH ARE NOT MADE BY AND
PROPRIETARY TO LICENSOR, UNLESS THE LIABILITY RESULTS FROM (X) LICENSORS
FAILURE TO PERFORM ITS OBLIGATIONS UNDER THIS AGREEMENT OR (Y) LICENSORS
FAILURE TO MANUFACTURE THE MARTEK PRODUCTS IN ACCORDANCE WITH THE
SPECIFICATIONS.

Section 6.3
Licensees Representations and Warranties. Licensee
represents and warrants to the Licensor as follows:

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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(i)       The execution and delivery of this Agreement and the performance by
Licensee of the transactions contemplated hereby have been duly authorized by
all necessary corporate actions.

(ii)       The performance by Licensee of any of the terms and conditions of
this Agreement will not constitute a breach or violation of any other agreement
or understanding, written or oral, to which it or its Affiliates is a party.

ARTICLE VII

LICENSEES COVENANTS

Section 7.1.
Compliance with Law; Regulatory Approval. Licensee covenants
and agrees that it and its Affiliates and the Designees shall conduct all of
their operations dealing with the Technology, the Martek Products and the
Licensee Product in material compliance with all applicable laws, regulations
and other requirements which may be in effect from time to time, of all
national governmental authorities, and of all states, municipalities and other
political subdivisions and agencies thereof, including, without limiting the
generality of the foregoing, the Infant Formula Act of 1980, the Federal Food,
Drug, and Cosmetic Act, the regulations and other requirements of the United
States Food and Drug Administration, similar state laws and regulations or
similar laws and other requirements in the Territory, including any and all
amendments, as may be applicable in any jurisdiction in which any Licensee
Product is sold. Licensee shall not impair Licensors ability to obtain
regulatory approval of the Martek Products by the competent governmental
authorities in the Territory. The parties recognize and acknowledge Licensees
intent to diligently pursue the commercialization of a Licensee Product;
provided, however, that nothing in this Agreement shall be construed so as to
obligate Licensee to take any specific action or measure to seek regulatory
approval for or to market Licensee Product.

Section 7.2.
Performance and Product Quality. Licensee covenants and
agrees that it and its Affiliates shall exercise a reasonable standard of care
in the testing, manufacturing, marketing, packaging, distribution and sale of
each Licensee Product. Licensee further covenants and agrees that it and its
Affiliates shall maintain quality control, provide adequate tests of materials,
provide quality workmanship, and do such other things as are reasonably
required to assure high quality production of such Licensee Products. In this
regard, and without limiting the applicability of the general indemnification
provisions applicable to the representations, warranties and covenants made by
the parties to this Agreement as provided in Article XI below, Licensee hereby
covenants and agrees to indemnify, defend and hold harmless Licensor and Licensors directors, officers,
employees and agents from and against all claims, actions or causes of action
(whether sounding in contract, negligence or strict liability), suits and
proceedings and all loss,

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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assessments, liability, damages, and expenses incurred in connection therewith (including reasonable attorneys fees) for
which Licensor or its directors, officers, employees or agents may become
liable or incur with respect to any product liability claim asserted against
Licensee, its Affiliates, Third Parties or Licensor relating to the
manufacturing, marketing, storage, packaging, distribution, sale or use of the
Licensee Product.

Section 7.3.
Licensees Records. Licensee covenants and agrees that,
Licensee will keep true and accurate records adequate to permit any applicable
payments due to Licensor to be computed and verified. Such records shall be
made available upon prior written request by Licensor, during business hours,
for inspection by an independent accountant who is not the auditor of record
for Licensor and who is reasonably acceptable to Licensee and who shall be
bound by a confidentiality agreement with Licensee, to the extent necessary for
the determination of the accuracy of the payments made hereunder, and such
records shall be retained for a period of three years following the year to
which they relate. For the purposes of this Section 7.3, any of the four
largest accounting firms in the United States (as of the date of the audit)
shall be deemed acceptable to Licensee, provided that the firm selected by
Licensor is not Licensors auditor of record. The accountant shall provide
Licensor with a report containing his/ her conclusions, but not the inspected
records nor the information contained therein, and shall concurrently provide
Licensee with such report. Licensee shall promptly remit to Licensor the
amount of any underpayment discovered by an inspection conducted in accordance
herewith, and Licensor shall promptly remit to Licensee the amount of any
overpayment so discovered to the extent that such overpayment exceeds the cost
of the inspection. Each such inspection shall cover no more than the three (3)
calendar years prior to the date of the request for inspection, and Licensor
shall be entitled to no more than one (1) such inspection per calendar year,
provided that, if an inspection reveals an underpayment by Licensee of five
percent (5%) or greater, then the accountant shall also be permitted to inspect
such records covering a two (2) calendar year period preceding the three (3)
year period of such inspection. Licensor shall bear the full cost of such
inspection unless the audit discloses an underpayment by Licensee of five
percent (5%) or greater of any applicable royalties due hereunder, in which
case Licensee shall bear the full cost of the inspection. The provisions of
this Section 7.3 shall survive any termination or expiration of this Agreement
for the limited purpose of permitting Licensor to verify Licensees payment of
the correct prices for the quantities of the Martek Products purchased under
this Agreement.

Section 7.4.
Protection of Licensors Proprietary Interest. Licensee
acknowledges and agrees that the Technology, Licensed Patents and the Martek
Products are proprietary to Licensor, and Licensee hereby covenants and
agrees that (i) Licensee and its Affiliates shall not use the Technology or the
Martek Products for any purpose not provided for hereunder, and (ii) shall not
challenge or

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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cause any Affiliate or Third Party to challenge Licensors rights
to the Technology, the Licensed Patents or the Martek Products. The provisions
of this Section 7.4 shall survive the termination (but not the expiration) of
this Agreement. Notwithstanding the foregoing provisions in this Section 7.4,
Licensees obligations as set forth in Section 7.4(ii) above shall not apply,
and shall not survive the termination of this Agreement, in any country of the
Territory in which such obligations are not enforceable in accordance with
applicable law or regulation. Licensee further covenants that, within thirty
(30) days after the Effective Date, Licensee shall cause all complaints, causes
of action, suits and other claims by Licensee and Affiliates challenging the
validity of any of the Licensed Patents and/or any of the Licensed Technology
to be dismissed in all jurisdictions worldwide, except in any country of the
Territory in which such obligation is not enforceable in accordance with
applicable law or regulation.

ARTICLE VIII

PATENT PROSECUTION AND
ENFORCEMENT

Section 8.1.
Patent Applications. The responsibility for the prosecution
of, and the exclusive right to apply for, prosecute, maintain and enforce the
Licensed Patents shall be and remain with Licensor except as provided below.
Licensor shall exercise all reasonable efforts in this regard. Licensor shall
keep Licensee informed of the course of such patent prosecution.

Section 8.2.
Infringement Notice. Licensee shall notify Licensor promptly
in writing of any infringement in the Territory of any issued Licensed Patent
or other interference with Licensors proprietary interests relating to the
Technology or the Martek Products which becomes known to Licensee. If Licensor
determines that a material infringement exists, Licensor shall communicate such
determination to Licensee in writing and take prompt action to attempt to
eliminate that infringement.

Section 8.3.
Infringement Actions. If Licensor receives Licensees
infringement notice under Section 8.2 above and within a reasonable time
thereafter Licensor is unsuccessful in eliminating the infringement, Licensor
shall have the first right to bring, at its own expense, an infringement action
against any Third Party within a reasonable time no longer than six (6) months
from the date of Licensees notice of an infringement under Section 8.2 above.
If Licensor waives its right to bring such an infringement action in writing to
Licensee or has not eliminated such infringement or initiated an infringement
suit within six (6) months from the date of Licensees notice of infringement,
Licensee, after notifying Licensor in writing, shall be entitled to bring such infringement action
at its own expense. The party not bringing such infringement action shall
provide assistance, at the requesting partys expense, as may be reasonably
requested by the party

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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bringing such action, including without limitation
joining an infringement suit as a party. In the event that Licensee brings an
infringement action in accordance herewith, any sums recovered by Licensee in
any such infringement action or in its settlement shall belong to Licensee;
provided, however, that for purposes of Section 5.3 above, after Licensee has
recovered its costs and expenses (including but not limited to attorneys fees)
of such infringement action, any remaining damages attributable to the loss of
sales of the Licensee Product shall be considered an amount received by
Licensee or an Affiliate from the sale for value of the Licensee Product in the
period(s) to which such damages relate with royalties calculated pursuant to
Article V above, and any applicable royalties thereon shall be deemed timely
remitted by Licensee to Licensor hereunder if remitted to Licensor within sixty
(60) days of the date on which such damages are received by Licensee, and, in
the case of settlement, Licensee shall reasonably and in good faith determine
the portion of the settlement that represents compensation for loss of sales of
the Licensee Product and such portion shall be treated as if such portion were
damages attributable to loss of sales of the Licensee Product. The party
conducting such action shall have full control over its conduct, including
settlement thereof, provided that no offer of settlement or compromise shall be
binding on a party without its prior written consent (which consent shall not
be unreasonably withheld) unless such settlement fully releases such party
without any liability, loss, cost or obligation to such party.

Section 8.4.Defense of Infringement Actions. Licensor and Licensee
hereby acknowledge and agree that each party shall be responsible for
defending, at its own expense, any infringement action brought against such
party by any Third Party, and Licensor and Licensee agree reasonably to
cooperate with the other in any such defense and in responding to any
threatened infringement action, and to provide assistance, at its own
(respective) expense, as may be reasonably requested by the defending party.

ARTICLE IX

ASSIGNMENT

Section 9.1.Assignment. This Agreement and the rights granted hereunder
shall be assignable by Licensor, but shall not be assignable, in whole or in
part, by Licensee without the prior written consent of Licensor.

ARTICLE X

PARTIES RELATIONSHIP

Section 10.1.Relationship between Parties. Neither party to this
Agreement shall have the power to bind the other by any guarantee or
representation that either party may give, or in any other respect whatsoever,
or to

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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incur any debts or liabilities in the name of or on behalf of the other
party, and for purposes of this Agreement, the parties hereto hereby
acknowledge and agree that they shall not be deemed partners, joint venturers,
or to have created the relationship of agency or of employer and employee
between the parties.

ARTICLE XI

INDEMNITY

Section 11.1.Indemnity by Licensee. Licensee shall indemnify, defend and
hold harmless Licensor, its Affiliates and Licensors and its Affiliates
directors, officers, employees and agents from and against all costs, expenses,
damages, losses and liabilities (Losses) asserted against them for which
Licensor or its directors, officers, employees or agents may become liable or
incur or be compelled to pay and resulting from a breach by Licensee or any
Licensee Affiliate of any of the Licensees covenants, representations and
warranties or other material terms and conditions contained herein, except to
the extent that any such Losses result from: (i) a defect caused by Licensor
or any Licensor Affiliate in the Martek Products ordered by Licensee or any
Licensee Affiliate or Designee from Licensor hereunder (excluding the
determination of the safety and utility of the Martek Product relating to its
use in a Licensee Product); (ii) the failure of Licensor or any Licensor
Affiliate to manufacture the Martek Products ordered by Licensee or any
Licensee Affiliate or Designee from Licensor in accordance with the
Specifications; (iii) any negligence or intentional wrongdoing of Licensor or
any Licensor Affiliate; or (iv) the breach by Licensor of this Agreement.

Section 11.2Indemnity by Licensor. Licensor shall indemnify, defend and
hold harmless Licensee, its Affiliates, and Licensees and its Affiliates
directors, officers, employees and agents from and against all Losses asserted
against them for which Licensee, its Affiliates or the directors, officers,
employees or agents of either of them may become liable or incur or be
compelled to pay and resulting from: (i) a defect caused by Licensor or any
Licensor Affiliate in the Martek Products ordered by Licensee or any Licensee
Affiliate or Designee from Licensor hereunder (excluding the determination of
the safety and utility of the Martek Product relating to its use in a Licensee
Product); (ii) the failure of Licensor or any Licensor Affiliate to manufacture
the Martek Products ordered by Licensee or any Licensee Affiliate or Designee
from Licensor in accordance with the Specifications; (iii) any negligence
or intentional wrongdoing of Licensor or any Licensor Affiliate; or (iv)
the material breach by Licensor of this Agreement, except to the extent that
any such Losses result from of a material breach of any of the Licensees
covenants, representations and warranties or other material terms and
conditions contained herein.

Section 11.3Condition to Indemnification. If either party expects to
seek indemnification under this Article XI, it shall promptly give notice to
the

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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indemnifying party of the basis for such claim of indemnification. If
indemnification is sought as a result of any third party claim or suit, such
notice to the indemnifying party shall be within fifteen (15) days after
receipt by the other party of such claim or suit; provided, however, that the
failure to give notice within such time period shall not relieve the
indemnifying party of its obligation to indemnify unless it shall be materially
prejudiced by the failure. Each party shall fully cooperate with the other
party in the defense of all such claims or suits. No offer of settlement,
settlement or compromise shall be binding on a party hereto without its prior
written consent (which consent shall not be unreasonably withheld) unless such
settlement fully releases such party without any liability, loss, cost or
obligation to such party.

Section 11.4Survival of Indemnity Obligation. The indemnification
obligations provided in this Agreement, including that provided in this Article
XI and in Section 7.2 above, shall survive the expiration or termination of
this Agreement, whether occasioned by the Agreements expiration pursuant to
Section 4.1 above or earlier termination pursuant to the other Sections of
Article IV above, for the longer of: (i) a period of five (5) years from the
date of such expiration or termination, and (ii) a period of five (5) years
from the date upon which Licensee ceases to sell Licensee Product.

ARTICLE XII

CONFIDENTIALITY

Section 12.1.Disclosure of Information. All the Technology and all
other information exchanged by the parties pursuant to and in execution of
their obligations and in exercise of their rights under this Agreement shall be
deemed confidential. Licensor and Licensee acknowledge and agree that the
value of the Technology, the Martek Products, and the Licensee Products is
based, to a large extent, on maintaining the confidentiality of the Technology,
the Martek Products and the Licensee Products and preventing any unauthorized
dissemination to or use by Third Parties of information relating to the
Technology or the Martek Products. Disclosure of confidential and proprietary
information hereunder, whether orally or in written form, shall be safeguarded
by the recipient and shall not be disclosed to Third Parties and shall be made
available only to the receiving partys employees or other agents who have a
need to know such information for purposes of performing
the partys obligations, or for purposes of exercising the partys rights,
under this Agreement and such employees or other agents shall have a legal
obligation to the employer or principal, as applicable, not to disclose such
information to Third Parties. Each party shall treat any and all such
confidential information in the same manner and with the same protection as
such party maintains its own confidential information. These mutual
obligations of confidentiality shall not apply to any information to the extent
that such information: (i) is or later becomes

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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generally available to the public, such as by publication or otherwise, through no fault of the receiving
party; (ii) is obtained from a Third Party having the legal right to make such
a disclosure; or (iii) is independently developed by a party without access to
the confidential information. Licensor, Licensee or Licensees Affiliates
shall not remove from any communications or other documents delivered by a
disclosing party any proprietary notices affixed thereto by the disclosing
party.

Notwithstanding the foregoing, Licensor and Licensee may disclose
(including but not limited to disclosure in response to questions) or announce
to any Third Person, or issue a press release concerning (a) the fact, the
nature and the terms of this Agreement and the transactions to be performed
pursuant hereto; or (b) any otherwise confidential or proprietary information
as and to the extent required by applicable law or government agency of the
United States and the countries of the Territory, including, but not limited
to, any applicable disclosure requirements under the federal securities laws or
regulations thereunder, provided that in the case of each such disclosure,
announcement or press release, the disclosing party gives no less than five (5)
business days prior written notice to the other party and gives the other party
such assistance as the other party may reasonably request, in accordance with
applicable law, in order to prevent, challenge, modify or protect such
disclosure; provided, however, that Licensor and Licensee may disclose the fact
and the terms of this Agreement to its attorneys and accountants without notice
to the other party.

Section 12.2.Post-Termination Obligations. The mutual confidentiality
obligations of the parties under the provisions of this Article XII shall
survive the termination (but not expiration) of this Agreement for a period of
fifteen (15) years from the date of such termination. Upon termination of this
Agreement, unless Licensee is entitled to a fully paid, royalty free license to
use the Technology and the Martek Products pursuant to Sections 4.1 and 5.1
above, Licensee shall promptly return to Licensor all the Technology, Martek
Product samples, documents, records, and all other property or documentation
disclosed or delivered to Licensee or its Affiliates pursuant to this Agreement
and then in existence, subject to the retention by Licensee of one (1) copy
thereof for archival purposes only.

ARTICLE XIII

LIMITATION OF LIABILITY

Section 13.1Indirect Damages. IN NO EVENT SHALL EITHER PARTY BE LIABLE
TO THE OTHER FOR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR EXEMPLARY
DAMAGES ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT, INCLUDING BUT NOT
LIMITED TO, LOSS OF PROFITS OR BUSINESS OPPORTUNITY, WHETHER BASED ON

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR ANY OTHER THEORY UPON WHICH ONE PARTY
MAY SEEK REMEDIES AGAINST THE OTHER.

Section 13.2.Maximum Aggregate Liability. LICENSORS TOTAL LIABILITY TO
LICENSEE ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT IN ANY CALENDAR
YEAR DURING THE TERM OF THIS AGREEMENT, WHETHER BASED ON BREACH OF CONTRACT OR
TORT (INCLUDING NEGLIGENCE), SHALL IN NO EVENT EXCEED THE ACTUAL PROCEEDS
RECEIVED FROM LICENSORS INSURANCE COVERAGE AS PROVIDED FOR IN SECTION 13.3.

Section 13.3.Insurance. Licensor shall take out and maintain in full
force and effect at all times while this Agreement is in effect and for three
(3) years thereafter commercial general liability insurance, including broad
form coverage for contractual liability, property damage, products liability
and personal injury liability (including both bodily injury and death), with
minimum limits of no less than ten million U.S. dollars (US$10,000,000.00) per
occurrence, and naming as additional insureds Licensee, its subsidiaries,
Affiliates, associates, licensees, successors and assigns and the directors,
officers, employees, agents and representatives of the foregoing. Licensor
shall deliver to Licensee a certificate or certificates of insurance evidencing
satisfactory coverage and indicating that Licensee shall receive thirty (30)
days unrestricted prior written notice of cancellation, non-renewal or of any
material change in coverage.

ARTICLE XIV

MISCELLANEOUS

Section 14.1.Dispute Resolution. Licensor and Licensee covenant and
agree to use their diligent efforts to resolve any disputes that arise between
them in the future and are related to this Agreement through negotiation and
mutual agreement and, if good faith efforts to so negotiate and mutually agree
are unavailing, through binding arbitration under the procedures set forth
herein. When either party learns of a dispute subject to arbitration under
this Agreement, it shall promptly send written notice of the dispute to the
other party. The parties agree that for a period of thirty (30) days from the
sending of such written notice, they shall in good faith
negotiate to resolve the dispute. Subject to the foregoing, disputes
arising in connection with this Agreement shall be finally settled under the
Rules of the American Arbitration Association by three arbitrators appointed in
accordance with such Rules. Unless the parties to such dispute agree otherwise
in writing, any such arbitration shall be conducted in Baltimore, Maryland and
the results of such Arbitration shall be final and binding on the parties and
enforceable in any court of competent jurisdiction.

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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Section 14.2.Information Exchange. During the Term of this Agreement,
the parties shall promptly notify each other of any report of an adverse event
associated with the use of a Martek Product in any Licensee Product. Licensee
shall have sole discretion in determining what action, if any, is to be taken
in connection with any such adverse event report relating to a Licensee
Product.

Section 14.3.Force Majeure. Neither party to this Agreement shall be
liable for damages due to delay or failure to perform any obligation under this
Agreement if such delay or failure results directly or indirectly from
circumstances beyond the control of such party. Such circumstances shall
include, but shall not be limited to, acts of God, acts of war, civil
commotions, riots, strikes, lockouts, acts of the government in its sovereign
capacity, perturbation in telecommunications transmissions, inability to obtain
suitable equipment or components, accident, fire, water damages, flood,
earthquake, or other natural catastrophes. If remittance of U.S. Dollars is
prevented or impaired for reasons of force majeure, the party owing the money
shall settle such obligations in the manner as may be reasonably instructed by
the party to whom the obligation is owed. Should the effect of force majeure
continue for more than three (3) consecutive months, the adversely affected
party may terminate this Agreement without liability (other than for claims
arising prior to the effective date of termination) on thirty (30) days notice
to the party impaired by force majeure.

Section 14.4.Construction of Agreement. This Agreement shall be
construed and the respective rights of the parties shall be determined under
and pursuant to the laws of the State of Delaware, United States of America,
without regard to the principles of conflict of laws thereof. The parties
expressly exclude the applicability of the Convention on Contracts for the
International Sale of Goods.

Section 14.5.Notices. Notices required under this Agreement shall be in
writing and sent by registered mail, by facsimile transmission, by nationally
recognized overnight courier service, or by hand delivery, with written
verification of receipt and date of receipt, to the respective parties at the
following addresses:

| |  |                                                                                                                                                                                                               
| |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |  | Notices to Licensor:
Martek Biosciences Corporation
6480 Dobbin Road
Columbia, Maryland 21045 USA
Facsimile: (410) 740-2985
Attn: General Counsel
Notices to Licensee:
Nestec Ltd.
Avenue Nestlé 55
CH  1800,

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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| |  |                                         
| |  | ----------------------------------------
| |  | Vevey, Switzerland
Facsimile:     
Attn:

or to such other address as either party may designate by a notice given in
compliance with this paragraph, and shall be deemed effective when received.

Section 14.6.
Entire Agreement. The terms and provisions contained in
this Agreement and its Exhibits constitute the entire agreement between the
parties on the subject matter hereof and shall supersede all previous
communications, representations, agreements or understandings, either oral or
written between the parties hereto with respect to the subject matter hereof.
No agreement or understanding varying or extending this Agreement will be
binding upon either party hereto, unless in a writing which specifically refers
to this Agreement, and signed by duly authorized officers or representatives of
the respective parties.

Section 14.7.Binding Effect. This Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and
permitted assigns. No person, firm or corporation other than the parties
hereto and their successors and permitted assigns shall derive rights or
benefits under this Agreement.

Section 14.8.Counterparts. This Agreement may be executed in
counterparts.

Section 14.9.Severability. If any provision of this Agreement is
declared void or unenforceable by any relevant judicial or administrative
authority, such declaration shall not of itself nullify the remaining
provisions of this Agreement. Consequently, the parties shall meet to
determine the effect of any such declaration and any variations to this
Agreement which are mutually desirable.

Section 14.10.Waiver. No waiver by either party of any breach of any of
the terms or conditions herein provided to be performed by the other party
shall be construed as a waiver of any subsequent breach, whether of the same or
of any other term or condition hereof.

Section 14.11Headings. Section headings contained in this Agreement are
inserted for convenience of reference only. The section headings shall not be
deemed to be a part of this Agreement for any purpose and shall not in any way
define or affect the meaning, construction or scope of any of the provisions
hereof.

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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THEREFORE, the parties hereto have caused this Agreement to be duly
executed in their respective behalves as of the day and year first written
above.

|                       |                        |                        |              |                      
|---------------------- | ---------------------- | ---------------------- | ------------ | ---------------------
|MARTEK BIOSCIENCES     |                        | NESTEC LTD. (Licensee)
|CORPORATION (Licensor) |                        |                        |             
|                       |                        |                       
|By:                    | /s/ Henry Linsert, Jr. |                        | By:          | /s/ G.S. Gillett     
|Print Name:            | Henry Linsert, Jr.     |                        | Print Name:  | G.S. Gillett         
|Print Title:           | CEO                    |                        | Print Title: | Senior Vice President
|Date:                  | 6/12/03                |                        | Date:        | June 6, 2003         



|*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

- 23 -



---



##### 



EXHIBIT 1

LICENSED PATENTS

Microbial Oil Mixtures and
Uses Thereof

|                                                                                                                                                                              |  |                                                      |  |                                        |  |                     |                                         | 
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ---------------------------------------------------- |  | -------------------------------------- |  | ------------------- | --------------------------------------- | 
|Country                                                                                                                                                                       |  | Status                                               |  | Application No.                        |  | Publ. or Patent No.
|                                                                                                                                                                              |  |                                                      |  |                                        |  |                    
|Australia                                                                                                                                                                     |  | Granted 7 Nov 95                                     |  | 12392/92                               |  |                     | 661,297                                 | 
|                                                                                                                                                                             
|*                                                                                                                                                                             |  | *                                                    |  | *                                      |  |                     |                                         | 
|                                                                                                                                                                             
|Canada                                                                                                                                                                        |  | Granted (15 Dec 98)                                  |  | 2,101,274                              |  |                     | 2,101,274                               | 
|                                                                                                                                                                             
|Europe,
(designates
Austria, Belgium,
Denmark, France,
Germany, Great
Britain, Greece,
Italy,
Luxembourg, Monaco,
Netherlands, Spain,
Sweden, and
Switzerland/
Liechtenstein) |  | Granted 18 Apr 01
Opposition Pending
*               |  | 92904388.3
*                           |  |                     | 0 568 606                               | 
|                                                                                                                                                                             
|Indonesia                                                                                                                                                                     |  | Granted 20 Jun 95                                    |  | P 001678                               |  |                     | ID 0000174                              | 
|                                                                                                                                                                             
|Israel                                                                                                                                                                        |  | Granted 1 Apr 96
Granted 14 Oct 97                   |  | 100733
114253                          |  |                     | 100733
114253                           | 
|                                                                                                                                                                             
|Japan                                                                                                                                                                         |  | Granted 19 Dec 97
Opposition Pending                 |  | 504606/92                              |  |                     | 06-505153
(published)
2731035 (granted) | 
|                                                                                                                                                                             
|Mexico                                                                                                                                                                        |  | Granted 6 Jan 97                                     |  | 9200320                                |  |                     | 183638                                  | 
|                                                                                                                                                                             
|New Zealand                                                                                                                                                                   |  | Granted 16 Feb 95                                    |  | 241359                                 |  |                     | 241359                                  | 
|                                                                                                                                                                             
|OPAI (French Africa)                                                                                                                                                          |  | Granted 29 Dec 97                                    |  | PV 60396                               |  |                     | 10348                                   | 
|                                                                                                                                                                             
|PCT                                                                                                                                                                           |  | Nationalized
Published 6 Aug 92                      |  | PCT/US92/00522                         |  |                     | WO92/12711                              | 
|                                                                                                                                                                             
|*                                                                                                                                                                             |  | *                                                    |  | *                                      |  |                     |                                         | 
|                                                                                                                                                                             
|Russia                                                                                                                                                                        |  | Granted 27 Oct 97                                    |  | 93052410.13                            |  |                     | 2,093,996                               | 
|                                                                                                                                                                             
|Singapore                                                                                                                                                                     |  | Granted 10 Jan 02                                    |  | 9608986.7                              |  |                     | 49307                                   | 
|                                                                                                                                                                             
|South Africa                                                                                                                                                                  |  | Granted 28 Oct 92                                    |  | 92/0452                                |  |                     | 92/0452                                 | 
|                                                                                                                                                                             
|South Korea                                                                                                                                                                   |  | Granted 9 Jan 02
Granted 20 Mar 01
Granted 25 Oct 01 |  | 1993-0702205
2000-7003480
2001-7002283 |  |                     | 321543
292103
313987                    | 
|                                                                                                                                                                             
|Sri Lanka                                                                                                                                                                     |  | Granted 17 Jun 94                                    |  | 10526                                  |  |                     | 10526                                   | 
|                                                                                                                                                                             
|United States                                                                                                                                                                 |  | Granted 20 Dec 94
Granted 27 Aug 96                  |  | 07/944,739
08/358,474                  |  |                     | 5,374,657
5,550,156                     | 



| |  | *The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.
| |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

- 24 -



---



##### 



Arachidonic Acid and
Methods for the Production and Use Thereof

|                                                                                                                                                                                                 |  |                                                                        |  |                                                                   |  |                     |                                                          | 
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |  | ---------------------------------------------------------------------- |  | ----------------------------------------------------------------- |  | ------------------- | -------------------------------------------------------- | 
|Country                                                                                                                                                                                          |  | Status                                                                 |  | Application No.                                                   |  | Publ. or Patent No.
|                                                                                                                                                                                                 |  |                                                                        |  |                                                                   |  |                    
|Australia                                                                                                                                                                                        |  | Granted 21 Nov 95
Granted 02 Dec 1999                                  |  | 12355/92
48542/96                                                 |  |                     | 661,674
713,567                                          | 
|                                                                                                                                                                                                
|*                                                                                                                                                                                                |  | *                                                                      |  | *                                                                 |  |                     |                                                          | 
|                                                                                                                                                                                                
|Canada                                                                                                                                                                                           |  | Granted 2 Apr 02
Granted 28 May 02                                     |  | 2,101,273
2,209,513                                               |  |                     | 2,101,273
2,209,513                                      | 
|                                                                                                                                                                                                
|*                                                                                                                                                                                                |  | *                                                                      |  | *                                                                 |  |                     |                                                          | 
|                                                                                                                                                                                                
|Eurasia                                                                                                                                                                                          |  | Granted 28 Aug 00                                                      |  | 97-0090US                                                         |  |                     | 1036                                                     | 
|                                                                                                                                                                                                
|Europe, (designates Austria, Belgium,
Denmark, France,
Greece, Germany,
Great Britain,
Ireland, Italy,
Luxembourg, Monaco,
Netherlands,
Portugal, Spain, Sweden, and
Switzerland/
Liechtenstein) |  | Granted 6 Sep 00
Opposition Pending
*                                  |  | 92904428.7
*                                                      |  |                     | 0 568 608                                                | 
|                                                                                                                                                                                                
|*                                                                                                                                                                                                |  | *                                                                      |  | *                                                                 |  |                     |                                                          | 
|                                                                                                                                                                                                
|Indonesia                                                                                                                                                                                        |  | Granted 22 Dec 95                                                      |  | P-001679                                                          |  |                     | ID 0000393                                               | 
|                                                                                                                                                                                                
|Israel                                                                                                                                                                                           |  | Granted 1 Oct 95                                                       |  | 100,732                                                           |  |                     | 100,732                                                  | 
|                                                                                                                                                                                                
|Japan                                                                                                                                                                                            |  | *
Granted 7 Sep 01                                                     |  | *
10-240168 (1998)                                                |  |                     | 10-512444
11-151075 (1999)
(published)
3229268 (granted) | 
|                                                                                                                                                                                                
|Mexico                                                                                                                                                                                           |  | Granted 6 Jul 01
*                                                     |  | 9200301*                                                          |  |                     | 202940                                                   | 
|                                                                                                                                                                                                
|New Zealand                                                                                                                                                                                      |  | Granted 8 Feb 95                                                       |  | 241,358                                                           |  |                     | 241,358                                                  | 
|                                                                                                                                                                                                
|*                                                                                                                                                                                                |  | *                                                                      |  | *                                                                 |  |                     |                                                          | 
|                                                                                                                                                                                                
|OAPI (French Africa)                                                                                                                                                                             |  | Granted 15 Sep 94                                                      |  | PV 60397                                                          |  |                     | 09909                                                    | 
|                                                                                                                                                                                                
|PCT                                                                                                                                                                                              |  | Nationalized
Published 6 Aug 1992
Published 11 Jul 1996                |  | PCT/92US/00517
(filed 22 Jan 92)
PCT/US96/00182
(filed 03 Jan 96) |  |                     | WO 92/13086
WO 96/21037                                  | 
|                                                                                                                                                                                                
|*                                                                                                                                                                                                |  | *                                                                      |  | *                                                                 |  |                     |                                                          | 
|                                                                                                                                                                                                
|*                                                                                                                                                                                                |  | *                                                                      |  | *                                                                 |  |                     |                                                          | 
|                                                                                                                                                                                                
|Russia                                                                                                                                                                                           |  | Granted 29 Jan 98                                                      |  | 93-054772                                                         |  |                     | 2120998                                                  | 
|                                                                                                                                                                                                
|Singapore                                                                                                                                                                                        |  | Granted 30 Mar 99                                                      |  | 9703038.1                                                         |  |                     | 42669                                                    | 
|                                                                                                                                                                                                
|South Korea                                                                                                                                                                                      |  | Granted 1 Feb 00
Granted 29 Jun 01
(div of 702193)
Opposition Pending* |  | 1993-702193
1999-7008800*                                         |  |                     | 254300 302036                                            | 



| |  | *The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.
| |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

- 25 -



---



##### 



|              |  |                   |  |                 |  |                    
|------------- |  | ----------------- |  | --------------- |  | -------------------
|Country       |  | Status            |  | Application No. |  | Publ. or Patent No.
|              |  |                   |  |                 |  |                    
|South Africa  |  | Granted 28 Oct 92 |  | 92/0454         |  | 92/0454            
|             
|Sri Lanka     |  | Granted 27 Oct 93 |  | 10527           |  | 10527              
|             
|United States |  | Granted 19 Aug 97 |  | 08/367,881      |  | 5,658,767          



| |  | *The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.
| |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

- 26 -





---



##### 



Docosahexaenoic Acid, Methods for its Production
and Compounds Containing the Same

|                                                                                                                                                                              |  |                                                                         |  |                                             |  |                     |                                                              | 
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ----------------------------------------------------------------------- |  | ------------------------------------------- |  | ------------------- | ------------------------------------------------------------ | 
|Country                                                                                                                                                                       |  | Status                                                                  |  | Application No.                             |  | Publ. or Patent No.
|                                                                                                                                                                              |  |                                                                         |  |                                             |  |                    
|Australia                                                                                                                                                                     |  | Granted 15 Jun 95                                                       |  | 73302/91                                    |  |                     | 660,162                                                      | 
|                                                                                                                                                                             
|*                                                                                                                                                                             |  | *                                                                       |  | *                                           |  |                     |                                                              | 
|                                                                                                                                                                             
|Canada                                                                                                                                                                        |  | Granted 2 May 00                                                        |  | 2,076,018                                   |  |                     | 2,076,018                                                    | 
|                                                                                                                                                                             
|Europe (designates Austria, Belgium,
Denmark, France,
Greece, Germany,
Great Britain,
Italy,
Luxembourg,
Netherlands,
Romania, Spain, Sweden, and
Switzerland/
Liechtenstein) |  | Granted 22 Apr 1998
(opposition pending)                                |  | 91903945.3                                  |  |                     | 0 515 460                                                    | 
|                                                                                                                                                                             
|Israel                                                                                                                                                                        |  | Granted 16 Jun 95
Granted 11 Jun 98                                     |  | 97,126
111,174                              |  |                     | 97,126
111,174                                               | 
|                                                                                                                                                                             
|Japan                                                                                                                                                                         |  | Granted 25 Sep 98
*                                                     |  | 504147/91
*                                 |  |                     | 5-503425
(published)
2830951 (granted)
11-092783 (published) | 
|                                                                                                                                                                             
|*                                                                                                                                                                             |  | *                                                                       |  | *                                           |  |                     |                                                              | 
|                                                                                                                                                                             
|PCT                                                                                                                                                                           |  | Nationalized
Published 22 Aug 1991                                      |  | PCT/US91/00733                              |  |                     | WO 91/11918                                                  | 
|                                                                                                                                                                             
|Philippines                                                                                                                                                                   |  | Granted 3 Nov 98
Allowed
Allowed                                        |  | I 41991
I 54562
I 54563                     |  |                     | 31568                                                        | 
|                                                                                                                                                                             
|South Korea                                                                                                                                                                   |  | Granted 8 Jan 01
Granted 22 Dec 00
Granted 13 Apr 01                    |  | 701943
708207
7011087                       |  |                     | 285870
284731
294293                                         | 
|                                                                                                                                                                             
|United States                                                                                                                                                                 |  | Granted 14 Mar 95
Granted 18 Apr 95
Granted 20 Feb 96
Granted 27 Jan 98 |  | 07/916,874
07/479,135
08/386,079
08/583,845 |  |                     | 5,397,591
5,407,957
5,492,938
5,711,983                      | 



| |  | *The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.
| |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

- 27 -





---



##### 



EXHIBIT 2

SPECIFICATIONS

[attached]

(MARTEK BIOSCIENCES CORPORATION LOGO)

ARASCO®

Specifications

*

Rev. 4/23/02

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

- 28 -



---



##### 



(MARTEK BIOSCIENCES CORPORATION LOGO)

DHASCO®

Specifications*

Rev. 7/17/00









*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

- 29 -



---



##### 



EXHIBIT 3

TERRITORY

*

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

30



---



##### 



EXHIBIT 4

TRADEMARKS

|                        |  |                    |  |         |        |        |  |                |  |  |            |  |  |           |  | 
|----------------------- |  | ------------------ |  | ------- | ------ | ------ |  | -------------- |  |  | ---------- |  |  | --------- |  | 
|                        |  |                    |  |         |        |        |  |                |  |  |            |  |  | REGISTRA-
|                        |  |                    |  |         |        |        |  |                |  |  |            |  |  | TION OR  
|MARK                    |  | COUNTRY            |  | CLASSES |        | STATUS |  | SERIAL NO.    
|                        |  |                    |  |         |        |        |  |               
|Neuromins               |  | United States      |  |         | 1,5,29 |        |  | Reg. 12/8/98   |  |  | 2,209,435  | 
|                        |  | Argentina          |  |         | 1      |        |  | Reg. 7/13/00   |  |  | 1,798,850  | 
|                        |  | Argentina          |  |         | 5      |        |  | Reg. 3/20/01   |  |  | 1,822,815  | 
|                        |  | Argentina          |  |         | 29     |        |  | Reg. 7/13/00   |  |  | 1,798,842  | 
|                        |  | *                  |  |         | *      |        |  | *              |  |  | *          | 
|                        |  | *                  |  |         | *      |        |  | *              |  |  | *          | 
|                        |  | *                  |  |         | *      |        |  | *              |  |  | *          | 
|                        |  | Canada             |  |         | N/A    |        |  | Reg. 3/26/99   |  |  | 510,042    | 
|                        |  | China              |  |         | 1      |        |  | Reg. 8/14/99   |  |  | 1302546    | 
|[in Chinese
characters] |  | China              |  |         | 1      |        |  | Reg. 8/14/99   |  |  | 1302547    | 
|                        |  | China              |  |         | 5      |        |  | Reg. 8/14/99   |  |  | 1302800    | 
|[in Chinese
characters] |  | China              |  |         | 5      |        |  | Reg. 7/28/99   |  |  | 1297757    | 
|                        |  | China              |  |         | 29     |        |  | Reg. 7/14/99   |  |  | 1293972    | 
|[in Chinese
characters] |  | China              |  |         | 29     |        |  | Reg. 7/14/99   |  |  | 1293973    | 
|                        |  | European Community |  |         | 1,5,30 |        |  | Reg. 11/6/98   |  |  | 371,583    | 
|                        |  | Japan              |  |         | 5      |        |  | Reg. 6/30/00   |  |  | 4,395,702  | 
|                        |  | Japan              |  |         | 29     |        |  | Reg. 1/14/99   |  |  | 4,229,698  | 
|                        |  | Japan              |  |         | 30     |        |  | Reg. 1/14/99   |  |  | 4,229,699  | 
|                        |  | Malaysia           |  |         | 1      |        |  | Reg. 8/26/2002 |  |  | 990003415  | 
|                        |  | Malaysia           |  |         | 5      |        |  | Reg. 6/2002    |  |  | 990003414  | 
|                        |  | Malaysia           |  |         | 29     |        |  | Reg. 1/2002    |  |  | 990003416  | 
|                        |  | Mexico             |  |         | 1      |        |  | Reg. 7/30/97   |  |  | 554,719    | 
|                        |  | Mexico             |  |         | 5      |        |  | Reg. 7/30/97   |  |  | 554,720    | 
|                        |  | Mexico             |  |         | 29     |        |  | Reg. 7/30/97   |  |  | 554,721    | 
|                        |  | Mexico             |  |         | 30     |        |  | Reg. 7/30/97   |  |  | 554,722    | 
|                        |  | *                  |  |         | *      |        |  | *              |  |  | *          | 
|                        |  | Singapore          |  |         | 1      |        |  | Reg. 4/1/99    |  |  | T99/03166H | 
|                        |  | Singapore          |  |         | 5      |        |  | Reg. 4/1/99    |  |  | T99/03167F | 
|                        |  | Singapore          |  |         | 29     |        |  | Reg. 4/1/99    |  |  | T99/03168D | 
|                        |  | South Korea        |  |         | 1,5    |        |  | Reg. 5/28/01   |  |  | 494,293    | 
|                        |  | South Korea        |  |         | 29     |        |  | Reg. 6/13/01   |  |  | 495,411    | 

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

- 31 -



---



##### 



|                       |  |                |  |         |     |        |  |                |  |  |             |  |  |           |  | 
|---------------------- |  | -------------- |  | ------- | --- | ------ |  | -------------- |  |  | ----------- |  |  | --------- |  | 
|                       |  |                |  |         |     |        |  |                |  |  |             |  |  | REGISTRA-
|                       |  |                |  |         |     |        |  |                |  |  |             |  |  | TION OR  
|MARK                   |  | COUNTRY        |  | CLASSES |     | STATUS |  | SERIAL NO.    
|                       |  |                |  |         |     |        |  |               
|Neuromins(contd)      |  | Taiwan         |  |         | 1   |        |  | Reg. 5/1/00    |  |  | 890,455     | 
|                       |  | Taiwan         |  |         | 5   |        |  | Reg. 10/16/00  |  |  | 908,731     | 
|                       |  | Taiwan         |  |         | 29  |        |  | Reg. 7/16/01   |  |  | 951,558     | 
|                       |  | Venezuela      |  |         | 1   |        |  | Reg. 9/28/00   |  |  | P224027     | 
|                       |  | Venezuela      |  |         | 5   |        |  | Abandoned      |  |  | 7567-1999   | 
|                       |  | Venezuela      |  |         | 29  |        |  | Reg. 9/28/00   |  |  | P224028     | 
|                      
|Arasco                 |  | United States  |  |         | 5   |        |  | Reg. 5/23/95   |  |  | 1,894,738   | 
|                       |  | Benelux        |  |         | 1,5 |        |  | Reg. 9/22/94   |  |  | 558,581     | 
|                       |  | Canada         |  |         | N/A |        |  | Reg. 4/22/97   |  |  | 475,074     | 
|                       |  | China          |  |         | 1   |        |  | Reg. 2/28/97   |  |  | 952085      | 
|                       |  | China          |  |         | 5   |        |  | Reg. 4/14/97   |  |  | 978613      | 
|                       |  | France         |  |         | 1,5 |        |  | Reg. 10/6/94   |  |  | 94/539.090  | 
|                       |  | France         |  |         | 5   |        |  | Reg. 7/27/95   |  |  | 95/582.463  | 
|                       |  | Germany        |  |         | 1,5 |        |  | Reg. 6/22/95   |  |  | 2 908 191   | 
|                       |  | Germany        |  |         | 5   |        |  | Reg. 10/20/97  |  |  | 395 30 455  | 
|                       |  | Indonesia      |  |         | 1,5 |        |  | Reg. 5/19/1995 |  |  | 368,475     | 
|                       |  | Israel         |  |         | 1   |        |  | Reg. 7/1/96    |  |  | 94940       | 
|                       |  | Israel         |  |         | 5   |        |  | Reg. 7/1/96    |  |  | 94941       | 
|                       |  | Italy          |  |         | 1,5 |        |  | Reg. 7/25/96   |  |  | 685002      | 
|                       |  | Japan          |  |         | 5   |        |  | Reg. 8/29/97   |  |  | 3343313     | 
|[in Korean
characters] |  | South Korea    |  |         | 10  |        |  | Reg. 9/27/97   |  |  | 367277      | 
|                       |  | Spain          |  |         | 1   |        |  | Reg. 5/5/95    |  |  | 1 923 229/2 | 
|                       |  | Spain          |  |         | 5   |        |  | Reg. 5/5/95    |  |  | 1 923 231/4 | 
|                       |  | United Kingdom |  |         | 1   |        |  | Reg. 9/26/94   |  |  | 1,586,321   | 
|                       |  | United Kingdom |  |         | 5   |        |  | Reg. 9/26/94   |  |  | 1,586,322   | 
|                      
|Dhasco                 |  | United States  |  |         | 1   |        |  | Reg. 5/23/95   |  |  | 1,894,739   | 
|                       |  | Benelux        |  |         | 1,5 |        |  | Reg. 9/22/94   |  |  | 558,580     | 
|                       |  | Canada         |  |         | N/A |        |  | Reg. 4/23/97   |  |  | 475,083     | 
|                       |  | China          |  |         | 1   |        |  | Reg. 2/28/97   |  |  | 952084      | 
|                       |  | China          |  |         | 5   |        |  | Reg. 4/14/97   |  |  | 978614      | 
|                       |  | France         |  |         | 1,5 |        |  | Reg. 10/6/94   |  |  | 94/539.089  | 
|                       |  | France         |  |         | 5   |        |  | Reg. 7/27/95   |  |  | 95/582.461  | 
|                       |  | Germany        |  |         | 5   |        |  | Reg. 7/25/95   |  |  | 395 30 456  | 

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

- 32 -



---



##### 



|                       |  |                |  |  |     |   |  |               |   |  |             |  |   |  |  | 
|---------------------- |  | -------------- |  |  | --- | - |  | ------------- | - |  | ----------- |  | - |  |  | 
|                       |  | Germany        |  |  | 1,5 |   |  | Reg. 6/22/95  |   |  | 2908192     | 
|                       |  | Indonesia      |  |  | 1,5 |   |  | Reg. 5/19/95  |   |  | 367,623     | 
|                       |  | Israel         |  |  | 1   |   |  | Reg. 7/1/96   |   |  | 94942       | 
|                       |  | Israel         |  |  | 5   |   |  | Reg. 7/1/96   |   |  | 94943       | 
|                       |  | Italy          |  |  | 1,5 |   |  | Reg. 7/25/96  |   |  | 685003      | 
|                       |  | Japan          |  |  | 1   |   |  | Reg. 12/25/96 |   |  | 3236317     | 
|                       |  | Japan          |  |  | 5   |   |  | Reg. 8/29/97  |   |  | 3343314     | 
|[in Korean
characters] |  | South Korea    |  |  | 10  |   |  | Reg. 4/23/96  |   |  | 337927      | 
|                       |  | United Kingdom |  |  | 1   |   |  | Reg. 9/26/94  |   |  | 1,586,323   | 
|                       |  | United Kingdom |  |  | 5   |   |  | Reg. 9/26/94  |   |  | 1,586,324   | 
|                      
|Formulaid              |  | United States  |  |  | 5   |   |  | Reg. 12/21/93 |   |  | 1,812,662   | 
|                       |  | Benelux        |  |  | 5   |   |  | Reg. 8/4/94   |   |  | 561,563     | 
|                       |  | Canada         |  |  | N/A |   |  | Reg. 12/22/95 |   |  | 452,191     | 
|                       |  | *              |  |  |     | * |  |               | * |  |             |  | * | 
|                       |  | France         |  |  | 5   |   |  | Reg. 8/22/94  |   |  | 94/533,500  | 
|                       |  | Germany        |  |  | 5   |   |  | Reg. 5/15/95  |   |  | 2 096 416   | 
|                       |  | Indonesia      |  |  | 5   |   |  | Reg. 5/19/95  |   |  | 371734      | 
|                       |  | Israel         |  |  | 5   |   |  | Reg. 2/4/96   |   |  | 94166       | 
|                       |  | Italy          |  |  | 5   |   |  | Reg. 7/25/96  |   |  | 684464      | 
|                       |  | Japan          |  |  | 5   |   |  | Reg. 4/25/97  |   |  | 3294461     | 
|[in Korean
characters] |  | South Korea    |  |  | 10  |   |  | Reg. 11/13/97 |   |  | 382069      | 
|                       |  | Spain          |  |  | 5   |   |  | Reg. 10/5/95  |   |  | 1,918,547/2 | 
|                       |  | United Kingdom |  |  | 5   |   |  | Reg. 8/8/94   |   |  | 1581072     | 

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

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##### 



EXHIBIT 5

PURCHASE PRICE

*

*The asterisk denotes that confidential portions of this exhibit have been
omitted in reliance on Rule 24b-2 of the Securities Exchange Act of 1934. The
confidential portions have been submitted separately to the Securities and
Exchange Commission.

- 34 -