**Exhibit 10.26**

**SCIELEPHARMA, INC.**

**EXECUTIVES’COMPENATION FOR 2006 SUMMARY SHEET**

 

 
|                  | **Name** | ** **                                               | ** ** | ** ** | **Position (2)** | ** ** | ** ** | **Year** | ** ** | **Base Salary** | ** ** | **Targeted Bonus** | ** ** |
|------------------|----------|----------------------------------------------------------|------------|------------|-----------------------|------------|------------|----------|------------|----------------------|------------|-------------------------|------------|
|             |     |                                                     |       |       |                  |       |       |     |       |
| Patrick Fourteau |     | President and Chief  Executive Officer                   |       | 2006       |                  | $          | 325,000    |     | $          | 325,000              |       |
|                  |     |                                                     |       | 2007       |                  | $          | 375,000    |     | $          | 375,000              |       |
|             |     |                                                     |       |       |                  |       |       |     |       |
| Darrell Borne    |     | Executive Vice  President, Chief Financial Officer,      |       | 2006       |                  | $          | 240,000    |     | $          | 144,000              |       |
|                  |     | Secretary and  Treasurer                                 |       | 2007       |                  | $          | 280,000    |     | $          | 210,000              |       |
|             |     |                                                     |       |       |                  |       |       |     |       |
| Ed Schutter      |     | Executive Vice  President & Chief Commercial Officer |       | 2006       |                  | $          | 249,600    |     | $          | 156,000              |       |
|                  |     |                                                     |       | 2007       |                  | $          | 280,000    |     | $          | 168,000              |       |
|             |     |                                                     |       |       |                  |       |       |     |       |
| Larry Dillaha    |     | Chief Medical  Officer                                   |       | 2006       |                  | $          | 230,000    |     | $          | 115,000              |       |
|                  |     |                                                     |       | 2007       |                  | $          | 240,000    |     | $          | 120,000              |       |
|             |     |                                                     |       |       |                  |       |       |     |       |
| Leslie Zacks     |     | Vice President  of Legal and Compliance                  |       | 2006       |                  | $          | 205,000    |     | $          | 102,500              |       |
|                  |     |                                                     |       | 2007       |                  | $          | 230,000    |     | $          | 115,000              |       |

 

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(1) The targetbonus is discretionary and actual amounts paid may be more or less. In 2006,Forteau, Borne, Schutter, Dillaha, and Zacks were paid bonuses of $342,875,$177,360, $117,000, $97,250 and $102,500, respectively.

(2) All executiveshave been granted Restricted Shares by the Company. The Restricted Shares vestunder the Company’s annual vesting policy of 25% annum unless granted under anincentive based award plan. As of December 31, 2006, Fourteau, Borne, Schutter,Dillaha, and Zacks had vested and unvested shares of 375,000, 240,000, 65,000,54,000 and 55,000, respectively. In 2006, stock options were granted toFourteau and Borne of 75,000 and 40,000, respectively.

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