Document:

EX-10.1

Exhibit 10.1

OFFICE LEASE

1. Basic Lease Provisions.

	 	1.1.	 	Parties: This Lease is made and entered into as of the 13TH  day of August
2010 (the” Effective Date”) by and between FROST REAL ESTATE HOLDINGS, LLC, a Florida
limited liability company (“Landlord”), and INVESTACORP GROUP INC., a Florida corporation
(“Tenant”).

	 	1.2.	 	Premises: Suite Number 1100 as shown on Exhibit “A” attached hereto (the “Premises”).

	 	1.3.	 	Rentable Square Footage of the Premises: 11,475 SF. Landlord and Tenant stipulate and
agree that the rentable square footage of the Premises is correct.

	 	 	 
	1.4.

1.5.

1.6.

1.7.
	 	Building Address: 4400 Biscayne Boulevard, Miami, Florida 33137.

Permitted Use: General office use, subject to the requirements and limitations contained in Section 6.

Term: Five (5) years. With up to 2 optional 5 yr term extensions

Commencement Date: October 1, 2010

	 	1.8.	 	Rent:  Tenant shall make rent payments under this Lease on, a “gross” basis (the
“Rent”), plus applicable sales tax. The Rent shall be increased annually on each
anniversary date as follows

	 	 	 	 	 	 	 	 	 
	Lease Period in Months

	 	Monthly Rent
	 	Annual Rent

	
 
	 	 	 	 	 	 	 	 
	Months 1-12 Through Sep, 30, 2011

	 	$	20,092.41	 	 	$	241,108.95	 
	Months 13-24 Through Sep, 30, 2012

	 	 	23,758.63	 	 	 	285,103.60	 
	Months 25-36 Through Sep, 30, 2013

	 	 	26,289.34	 	 	 	315,472.06	 
	Months 37-48 Through Sep, 30, 2014

	 	 	27,687.12	 	 	 	332,245.42	 
	Months 49-60 Through Sep, 30, 2015

	 	 	33,920.26	 	 	 	407,043.12	 

	 	1.9.	 	Rent Paid Upon Execution:  Rent shall be abated for the months of October, November
and December 2010. Payment in the amount of $20,092.41 for the month of January 2010, plus
sales tax, shall be due and payable prior to January 1, 2010.

	 	1.10.	 	Security Deposit:  0

	 	1.11.	 	Sales Taxes. Tenant shall pay to Landlord with the monthly payment of rent all
applicable sales taxes imposed directly upon such rent or this Lease. The calculated
monthly rent for year 1 inclusive of sales tax will amount to: $21,498.88

	 	1.12.	 	Number of Parking Spaces: 4 spaces per 1000 SF for a total of 46 regular parking
spaces and one (1) reserved spaces, all in accordance with the terms of Section 4 hereof.
Tenant shall pay Landlord $75.00 per month for each additional regular space over 46 and
$250 per month for each reserved space over one (1) on the ground floor upon availability.

	 	 	 	 	 	 	 
	 	1.13.	 	 	Real Estate Brokers:  
	 	Landlord: None

Tenant: None

	 	1.14.	 	 	Attachments to Lease:  Exhibit A — “Premises”; and Exhibit B — “Rules and Regulations.
	 	1.15.	 	 	Addresses for Notices:  
	 	

	 	 	 	 	Landlord:
	 	Frost Real Estate Holdings, LLC

4400 Biscayne Boulevard

Miami, Florida 33137

Attention: Steven D. Rubin

	 	 	 	 	Tenant:
	 	INVESTACORP GROUP INC.

4400 Biscayne Blvd.

Suites: 1100

Miami, Florida 33137

Attention: President

	 	1.16.	 	Interpretation. The Basic Lease Provisions shall be interpreted in conjunction with
all of the other terms and conditions of this Lease. Other terms and conditions of this
Lease modify and expand on the Basic Lease Provisions. If there is a conflict between the
Basic Lease Provisions and the other terms and conditions of this Lease, the other terms
and conditions shall control.

2. Premises.  

2.1. Lease of Premises. Landlord hereby leases the Premises to Tenant, together with the
right to use any portions of the Project, as hereinafter defined, that are designated by Landlord
for the common use of tenants and others (the “Common Areas”). The “Project” consists of the
building of which the Premises is a part (the, “Building”), the Common Areas, the land upon which
the same are located, along with all other buildings and improvements thereon or hereunder,
including all parking facilities.

2.2. Acceptance. Tenant agrees to accept the Premises in its “as-is” condition existing as of
the Commencement Date.

3. Term.   This Lease shall be in full force and effect from the Effective Date. The Term and
Commencement Date of this Lease are as specified in Sections 1.6 and 1.7, as the same may be
adjusted in accordance with the terms of a Work Letter, if any. If for any reason Landlord cannot
deliver possession of the Premises to Tenant on the Commencement Date, Landlord shall not be
subject to any liability therefore, nor shall such failure affect the validity of this Lease or the
obligations of Tenant hereunder; provided, however, in such a case, the Commencement Date shall be
extended to the date Landlord delivers possession of the Premises to Tenant.

4. Rent.  

4.1. Rent.   Tenant shall pay Landlord the Rent for the Premises on the first day of each
calendar month during the Term of this Lease in advance, without notice or demand, deduction,
abatement or offset (unless expressly set forth in this Lease). Rent for any partial month during
the Term shall be prorated. Rent and all other amounts payable to Landlord hereunder shall be
payable to Landlord in lawful money of the United States and Tenant shall be responsible for
delivering said amounts to Landlord at the address stated herein or to such other persons or to
such other places as Landlord may designate in writing.

4.2 Cafeteria. Landlord and Tenant acknowledge and agree that Tenant and its employees shall
have the right to use the existing cafeteria located within the Building for so long as such
cafeteria remains open and available. Notwithstanding the foregoing, Tenant expressly acknowledges
and agrees that the cafeteria may be shut down by Landlord at any time during the Term of this
Lease and that the Landlord has no obligation to provide a cafeteria under the terms of this Lease.

5. Security Deposit.  None.

6. Use.  

6.1. Use.  The Premises shall be used and occupied only for general office use and other uses
compatible with general office use, and for no other purpose. Notwithstanding any permitted use
provided for in this Lease, Tenant shall not use the Premises for any purpose which would violate
the Project’s certificate of occupancy, any conditional use permit or variance applicable to the
Project or violate any covenants, conditions or other restrictions applicable to the Project. No
exclusive use has been granted to Tenant hereunder.

6.2. Compliance with Law.  Landlord warrants to Tenant that, to the best of Landlord’s
knowledge, the Premises, in the state existing on the Effective Date, do not violate any covenants
or restrictions of record, or any applicable building code, regulation or ordinance in effect on
such date and may be used for office purposes.  Tenant shall, at Tenant’s sole expense, promptly
comply with all laws, statutes, codes, ordinances, orders, covenants, restrictions or record,
rating bureaus or governmental agencies, rules and regulations of any municipal or governmental
entity whether in effect now or later, including, the Americans With Disabilities Act and all
federal, state and local laws and regulations governing occupational safety and health (“Law(s)”)
regarding the operation of Tenant’s business and the use, condition, configuration and occupation
of the Premises. Tenant shall conduct its business and use the Premises in a lawful manner and
shall not use or permit the use of the Premises or the Common Areas in any manner that constitutes
waste or a nuisance or shall unreasonably disturb other occupants of the Project. Tenant shall
obtain, at its sole expense, any permit or other governmental authorization required to operate its
business from the Premises. Landlord shall not be liable for the failure of any other tenant or
person to abide by the requirements of this Section or to otherwise comply with applicable Laws,
and Tenant shall not be excused from the performance of its obligations under this Lease due to
such a failure.

7. Maintenance, Repairs and Alterations.

7.1. Landlord’s Obligations.  Landlord shall keep and maintain in good repair and working
order and perform maintenance upon the (a) structural elements of the Building; (b) mechanical
(including HVAC), electrical, plumbing and fire/life safety systems serving the Building in
general; (c) Common Areas; (d) roof of the Building; (e) exterior windows of the Building; and (f)
elevators serving the Building. Landlord shall promptly make repairs for which Landlord is
responsible.

7.2. Tenant’s Obligations.  

(a)  Subject to the requirements of Section 7.3, Tenant shall, at its sole cost and expense,
promptly perform all maintenance and repairs to the Premises that are not Landlord’s express
responsibility under this Lease and shall keep the Premises in good condition and repair,
reasonable wear and tear excepted. Tenant’s repair and maintenance obligations include, without
limitation, repairs to: (a) floor coverings; (b) interior partitions; (c) doors; (d) the interior
side of demising walls; (e) electronic, fiber, phone and data cabling and related equipment that is
installed by or for the exclusive benefit of Tenant (collectively, “Cable”); (f) supplemental air
conditioning units, kitchens, including hot water heaters, plumbing, and similar facilities
exclusively serving Tenant; and (g) Alterations. If Tenant fails to keep the Premises in good
condition and repair, Landlord may, but shall not be obligated to, make any necessary repairs. If
Landlord makes such repairs, Landlord shall bill Tenant for the cost of the repairs as additional
rent, and said additional rent shall be payable by Tenant within ten (10) days.

(b)  On the last day of the Term hereof, or on any sooner termination, Tenant shall remove all
Tenant’s Property, as hereinafter defined, Cable and all designated Required Removables, as
hereinafter defined, from the Premises and quit and surrender the Premises to Landlord, broom
clean, in the same condition as received, ordinary wear and tear and damage which Landlord is
obligated to repair hereunder excepted. Tenant shall repair any damage to the Premises occasioned
by the installation or removal of Tenant’s Property, Cable and Required Removables. Tenant shall
leave the electrical distribution systems, plumbing systems, lighting fixtures, HVAC ducts and
vents, window treatments, wall coverings, carpets and other floor coverings, doors and door
hardware, millwork, ceilings and other tenant improvements at the Premises and in good condition,
ordinary wear and tear excepted.

7.3. Alterations and Additions.  

(a) Tenant shall not make any alterations, repairs, additions or improvements or install any
Cable (collectively referred to as “Alteration(s)”) in, on or about the Premises or the Project
without Landlord’s prior written consent, which may be given or withheld in Landlord’s reasonable
discretion. However, Landlord’s consent shall not be required for any Alteration that satisfies
all of the following criteria (a “Cosmetic Alteration”): (a) is of a cosmetic nature such as
painting, wallpapering, hanging pictures and installing carpeting; (b) is not visible from the
exterior of the Premises or the Building; (c) will not affect the base Building; and (d) does not
require work to be performed inside the walls or above the ceiling of the Premises. Cosmetic
Alterations shall be subject to all the other provisions of this Section 7.3. Prior to starting
work, Tenant shall furnish Landlord with plans and specifications; names of contractors reasonably
acceptable to Landlord (provided that Landlord may designate specific contractors with respect to
base Building); required permits and approvals; evidence of contractor’s and subcontractor’s
insurance in amounts reasonably required by Landlord and naming Landlord as an additional insured;
and any security for performance in amounts reasonably required by Landlord. Changes to the plans
and specifications must also be submitted to Landlord for its approval. Alterations shall be
constructed in a good and workmanlike manner using materials of a quality reasonably approved by
Landlord. Upon completion, Tenant shall furnish “as-built” plans for non-Cosmetic Alterations,
completion affidavits and full and final waivers of lien. Landlord’s approval of an Alteration
shall not be deemed a representation by Landlord that the Alteration complies with Law. If as a
result of any Alteration made by Tenant, Landlord is obligated to comply with any Law and such
compliance requires Landlord to make any improvement or Alteration to any portion of the Project,
as a condition to Landlord’s consent, Landlord shall have the right to require Tenant to pay to
Landlord prior to the construction of any Alteration by Tenant, the entire cost of any improvement
or Alteration Landlord is obligated to complete by such Law.

(b) All improvements in and to the Premises, including any Alterations, shall remain upon the
Premises at the end of the Term without compensation to Tenant, provided that Tenant, at its
expense, in compliance with the National Electric Code or other applicable Laws, shall, on or
before the expiration of the Term, remove any Cable. In addition, and specifically excepting any
improvements made by Landlord prior to the Commencement Date, Landlord, by written notice to Tenant
at least thirty (30) days prior to the expiration of the Term, may require Tenant, at its expense,
to remove any Alterations that in Landlord’s reasonable judgment are not standard office
improvements and are of a nature that would require removal and repair costs that are materially in
excess of the removal and repair costs associated with standard office improvements (collectively
referred to as “Required Removables”). Tenant shall repair any damage caused by the installation
or removal of the Cable and Required Removables.

(c) Tenant shall pay, when due, all claims for labor or materials furnished or alleged to have
been furnished to or for Tenant at or for use in the Premises, which claims are or may be secured
by any mechanic’s or materialmen’s lien against the Premises or the Project, or any interest
therein. If Tenant shall, in good faith, contest the validity of any such lien, Tenant shall
furnish to Landlord a surety bond satisfactory to Landlord in an amount equal to not less than one
and one half times the amount of such contested lien or claim indemnifying Landlord against
liability arising out of such lien or claim. Such bond shall be sufficient in form and amount to
free the Project from the effect of such lien. In addition, Landlord may require Tenant to pay
Landlord’s reasonable attorneys’ fees and costs in participating in such action.

7.4. Failure of Tenant to Remove Property.  If Tenant fails to remove any of Tenant’s Property
as required by Section 7.2 on or before the expiration or earlier termination of this Lease,
Landlord may remove and store Tenant’s Property at the expense and risk of Tenant. Tenant shall
pay Landlord, upon demand, the expenses and storage charges incurred. If Tenant fails to remove
Tenant’s Property from the Premises or storage, within thirty (30) days after notice, Landlord may
deem all or any part of Tenant’s Property to be abandoned and title to Tenant’s Property shall vest
in Landlord.

8. Insurance.  

8.1. Insurance-Tenant.  Tenant shall maintain at all times during the Term of this Lease
commercial general liability insurance with coverages acceptable to Landlord, which by way of
example and not limitation, protects Tenant and Landlord (as an additional insured) against claims
for bodily injury, personal injury and property damage based upon, involving or arising out of the
ownership, use, occupancy or maintenance of the Premises and all areas appurtenant thereto. Such
insurance shall be on an occurrence basis providing single limit coverage in an amount of not less
than Two Million Dollars ($2,000,000) per occurrence with an “Additional Insured-Managers and
Landlords of Premises Endorsement” and contain the “Amendment of the Pollution Exclusion” for
damage caused by heat, smoke or fumes from a hostile fire. The policy shall not contain any
intra-insured exclusions as between insured persons or organizations, but shall include coverage
for liability assumed under this Lease as an “insured contract” for the performance of Tenant’s
indemnity obligations under this Lease. If, in the opinion of the insurance broker retained by
Landlord, the amount of public liability or property damage insurance coverage at any time during
the Term is not adequate, Tenant shall increase the insurance coverage as required by Landlord’s
insurance broker. In no event shall the limits of such policy be considered as limiting the
liability of Tenant under this Lease.

Tenant may also obtain and keep in force during the Term of this Lease “all risk” extended
coverage property insurance on Tenant’s personal property, all tenant improvements installed at the
Premises by Tenant and Tenant’s trade fixtures and other property (collectively, “Tenant’s Personal
Property”). Tenant expressly acknowledges and agrees that in the event its insurance policy fails
to cover any of Tenant’s Personal Property or excludes coverage for flood, earthquake, windstorm or
any other peril, that neither Tenant nor its insurance company shall have any right or claim
against Landlord or its insurance company as a result of damage to Tenant’s Personal Property
resulting from such failure of coverage or excluded peril.

8.2. Insurance-Landlord.  Landlord shall maintain general liability insurance with coverage
against such risks and in such amounts as Landlord deems advisable insuring Landlord against
liability arising out of the ownership, operation and management of the Project. Landlord shall
also maintain a policy or policies of insurance covering loss or damage to the Project in the
amount of not less than eighty percent (80%) of the full replacement cost thereof, as determined by
Landlord from time to time. The terms and conditions of said policies and the perils and risks
covered thereby shall be determined by Landlord, from time to time, in Landlord’s sole discretion.
In addition, at Landlord’s option, Landlord shall obtain and keep in force, during the Term of this
Lease, a policy of rental interruption insurance, with loss payable to Landlord, which insurance
shall, at Landlord’s option, also cover all Operating Expenses. In addition, Landlord shall have
the right to obtain such additional insurance as is customarily carried by owners or operators of
other comparable office buildings in the geographical area of the Project. Tenant will not be
named as an additional insured in any insurance policies carried by Landlord and shall have no
right to any proceeds therefrom. The policies purchased by Landlord shall contain such deductibles
as Landlord may determine. In addition to amounts payable by Tenant in accordance with Section
4.2, Tenant shall pay any increase in the property insurance premiums for the Project over what was
payable immediately prior to the increase to the extent the increase is specified by Landlord’s
insurance carrier as being caused by the nature of Tenant’s occupancy (other than general office
use) or any act or omission of Tenant.

8.3. Insurance Policies.  Tenant shall deliver to Landlord certificates of the insurance
policies required under Section 8.1 prior to the earlier of the Commencement Date or the date
Tenant is provided with possession of the Premises and thereafter as necessary to assure that
Landlord always has current certificates evidencing Tenant’s insurance. Tenant’s insurance policies
shall not be cancelable or subject to reduction of coverage or other modification except after
thirty (30) days prior written notice to Landlord. Tenant shall, at least thirty (30) days prior
to the expiration of such policies, furnish Landlord with certificates of renewals thereof.
Tenant’s insurance policies shall be issued by insurance companies authorized to do business in the
state in which the Project is located, and said companies shall maintain during the policy term a
“General Policyholders’ Rating” of at least “A” and a financial rating of at least “Class X” (or
such other rating as may be required by any lender having a lien on the Project), as set forth in
the most recent edition of “Best Insurance Reports.” All insurance obtained by Tenant shall be
primary to and not contributory with any similar insurance carried by Landlord, whose insurance
shall be considered excess insurance only. Landlord, and at Landlord’s option, the holder of any
mortgage or deed of trust encumbering the Project and any person or entity managing the Project on
behalf of Landlord, shall be named as an additional insured on all insurance policies Tenant is
obligated to obtain by Section 8.1 above. Tenant’s commercial general liability insurance policy
shall not include deductibles in excess of Twenty Thousand Dollars ($20,000) and Tenant’s property
insurance policy shall not include deductibles in excess of Fifty Thousand Dollars ($50,000),
except that Tenant may have higher deductibles under its windstorm policy.

8.4. Waiver of Subrogation.  Landlord and Tenant hereby waive and shall cause their respective
insurance carriers to waive any and all rights of recovery, claims, actions or causes or action
against the other for any loss or damage with respect to Tenant’s Property, the Building, the
Premises, or any contents thereof, including rights, claims, actions and causes of action based on
negligence, which loss or damage is (or would have been, had the insurance required by this Lease
been carried) covered by insurance. For the purposes of this wavier, any deductible with respect
to a party’s insurance shall be deemed covered by and recoverable by such party under valid and
collectable policies of insurance.

9. Damage or Destruction.  Tenant shall give prompt notice to Landlord in case of any fire or other
damage to the Premises. If the Premises or the Building are damaged by fire or other casualty not
caused by the act or negligence of Tenant or its agents or employees, Landlord shall diligently and
as soon as practicable after such damage occurs (taking into account the time necessary to
effectuate a satisfactory settlement with Landlord’s insurance company) repair such damage at its
own expense, and, provided Tenant is not in default during any period of time that the Premises are
rendered untenantable, the Rent and additional rent shall be abated in proportion to the part of
the Premises which is rendered untenantable until such repairs have been completed (in no event
shall damage to any parking areas be deemed to render the Premises untenantable). However, if
available insurance proceeds are insufficient or if the Premises or the Building are damaged by
fire or other casualty to such an extent that the damage, in Landlord’s opinion, cannot be fully
repaired within one hundred eighty (180) days from the date such damage occurs, Landlord shall have
the right, exercised by giving Tenant written notice within such one hundred eighty (180) day
period, to terminate this Lease effective as of the date of such damage. Notwithstanding the
foregoing, if the fire or other casualty shall be caused by the carelessness, negligence or
improper conduct of Tenant or its agents or employees, Tenant shall remain liable for the full
amount of the Rent and additional rent during the period of restoration or until termination of
this Lease, and all required repairs shall be made at Tenant’s expense.

10. Personal Property Taxes.  .  Tenant shall pay prior to delinquency all taxes assessed against
and levied upon trade fixtures, furnishings, equipment and all other personal property of Tenant
contained in the Premises or related to Tenant’s use of the Premises. If any of Tenant’s personal
property shall be assessed with Landlord’s real or personal property, Tenant shall pay to Landlord
the taxes attributable to Tenant within ten (10) days after receipt of a written statement from
Landlord setting forth the taxes applicable to Tenant’s property. Landlord agrees that Landlord
shall be responsible to pay all real property taxes assessed against the Premises or the Building
of which the Premises is a part.

11. Building Services; Utilities.  

11.1. Services Provided by Landlord.  Subject to all governmental rules, regulations and
guidelines applicable thereto, Landlord shall provide HVAC to the Premises for normal office use
during the times described in Section 11.2, reasonable amounts of electricity for normal office
lighting and desk-type office machines, water in the Premises or in the Common Areas for reasonable
and normal drinking and lavatory use, replacement light bulbs and/or fluorescent tubes and ballasts
for standard overhead fixtures, building standard janitorial services (as more particularly
described on Schedule 1 attached hereto), elevator service and access to the Building for the
Tenant and its employees 24 hours per day/ 7 days per week subject to the terms of this Lease and
such protective services or monitoring systems, if any, as Landlord may reasonably impose and such
other services as Landlord reasonably determines are necessary or appropriate for the Project.

11.2. Hours of Service.  Building services and utilities shall be provided Monday through
Friday from 8:00 a.m. to 6:00 p.m. HVAC and janitorial service shall not be
provided at other times or on nationally recognized holidays. Nationally recognized holidays shall
include, but shall not necessarily be limited to, New Year’s Day, Martin Luther King Jr. Day,
Presidents’ Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day.
Landlord shall use its best efforts to provide HVAC to Tenant at times other than those set forth
above subject to (a) the payment by Tenant of Landlord’s then standard charge for after hours HVAC
and (b) Tenant providing to Landlord at least one (1) business day’s advance written notice of
Tenant’s need for after hours HVAC.

11.3. Excess Usage by Tenant.   Tenant’s use of Building utilities and services shall not
exceed the standard usage for the Building. If Tenant does use Building utilities or services in
excess of the standard usage for the Building, Landlord shall have the right, in addition to any
other rights or remedies it may have under this Lease, to (a) at Tenant’s expense, install separate
metering devices at the Premises, and to charge Tenant for its usage, (b) require Tenant to pay to
Landlord all costs, expenses and damages incurred by Landlord as a result of such usage, and (c)
require Tenant to stop using excess utilities or services.

11.4. Interruptions.  Tenant agrees that Landlord shall not be liable to Tenant for its
failure to furnish, or any interruption, diminishment or termination of services due to the
application of Laws, the failure of any equipment, the performance of repairs, improvements or
alterations, utility interruptions or the occurrence of a Force Majeure Event and such failures
shall never be deemed to constitute a constructive eviction of Tenant or relieve Tenant from the
obligation of paying rent or performing any of its obligations under this Lease. Furthermore,
Landlord shall not be liable under any circumstances for loss of property or for injury to, or
interference with, Tenant’s business, including, without limitation, loss of profits, however
occurring, through or in connection with or incidental to a failure to furnish any such services or
utilities. Landlord may comply with voluntary controls or guidelines promulgated by any
governmental entity relating to the use or conservation of energy, water, gas, light or electricity
or the reduction of automobile or other emissions without creating any liability of Landlord to
Tenant under this Lease.

11.5. Failure to Provide Essential Services. Notwithstanding the provisions of Section 11.4,
in the event the Building experiences an interruption of electrical, telephone, water or HVAC which
prevents Tenant from utilizing the Premises to conduct its business (an “Interruption”) which
Interruption is within the control of Landlord to cure (i.e. not as a result of the inability of
Landlord to obtain the applicable utility service through no fault of Landlord) (a “Controllable
Interruption.”) Landlord shall commence and diligently pursue the curative action within a
commercially reasonable amount of time after written notice from Tenant of a Controllable
Interruption. If Landlord fails to commence and diligently pursue the curative action within a
commercially reasonable amount of time after written notice from Tenant, then Tenant shall have the
right, after written notice to Landlord to expend commercially reasonable market sums to cure the
Controllable Interruption and offset said amount against the next payments of Rent due hereunder.
This self help provision is specifically limited to Controllable Interruptions of service which
Landlord is responsible for correction. Notwithstanding the foregoing, Tenant shall be entitled to
an abatement of Rent with respect to a Controllable Interruption commencing with the sixth (6th)
consecutive business day of the Controllable Interruption until such time as the services are
restored.

12. Assignment and Subletting.  

12.1. Landlord’s Consent Required.  Tenant shall not voluntarily or by operation of law
assign, transfer, hypothecate, mortgage, sublet, or otherwise transfer or encumber all or any part
of Tenant’s interest in this Lease or in the Premises (hereinafter collectively a “Transfer”),
without Landlord’s prior written consent, which consent shall not be unreasonably withheld.
Landlord shall respond to Tenant’s written request for consent hereunder within fifteen (15) days
after Landlord’s receipt of the written request from Tenant. Any attempted Transfer without such
consent shall be void and shall constitute a default of this Lease. If the entity (ies) which
directly or indirectly controls the voting shares/rights of Tenant changes at any time, such change
of ownership or control shall constitute a Transfer unless Tenant is an entity whose outstanding
stock is listed on a recognized securities exchange or if at least 80% of its voting stock is owned
by another entity, the voting stock of which is so listed. Tenant’s written request for Landlord’s
consent shall include all of the following information: (a) financial statements for the proposed
assignee or subtenant, (b) a detailed description of the business the assignee or subtenant intends
to operate at the Premises, (c) a copy of the fully executed sublease or assignment agreement, and
(d) such other information as Landlord may reasonably request.

12.2. Standard For Approval.  Landlord shall not unreasonably withhold its consent to a
Transfer provided that Tenant has complied with each and every requirement, term and condition of
this Section 12. It shall be deemed reasonable for Landlord to withhold its consent to a Transfer
if any requirement, term or condition of this Section 12 is not complied with or: (i) the Transfer
would cause Landlord to be in violation of its obligations under another lease or agreement to
which Landlord is a party; (ii) in Landlord’s reasonable judgment, a proposed assignee or subtenant
is not a creditworthy party; (iii) a proposed assignee’s or subtenant’s business will impose a
burden on the Building’s parking facilities, elevators, Common Areas or utilities that is greater
than the burden imposed by Tenant, in Landlord’s reasonable judgment; (iv) a proposed assignee or
subtenant refuses to enter into a written assignment agreement or sublease, reasonably satisfactory
to Landlord, which provides that it will abide by and assume all of the terms and conditions of
this Lease for the term of any assignment or sublease and containing such other terms and
conditions as Landlord reasonably deems necessary; (v) the use of the Premises by the proposed
assignee or subtenant will be for a use not permitted by this Lease; (vi) any guarantor of this
Lease refuses to consent to the Transfer or to execute a written agreement reaffirming the
guaranty; (vii) Tenant is in default as defined in Section 13.1 at the time of the request; (viii)
if requested by Landlord, the assignee or subtenant refuses to sign a non-disturbance and
attornment agreement in favor of Landlord’s lender; (ix) Landlord has sued or been sued by the
proposed assignee or subtenant or has otherwise been involved in a legal dispute with the proposed
assignee or subtenant; (x) the assignee or subtenant is involved in a business which is not in
keeping with the then current standards of the Building; (xi) the proposed assignee or subtenant
is a person or entity then negotiating with Landlord for the lease of space in the Building; or
(xii) the terms of a proposed assignment or subletting will allow the proposed assignee or
subtenant to pay a rent less than the prevailing rental rate in the Building at the time of
Tenant’s request to such Transfer.

12.3. Additional Terms and Conditions.   Regardless of Landlord’s consent, no Transfer shall
release Tenant from Tenant’s obligations hereunder or alter the primary liability of Tenant to pay
the rent and other sums due Landlord hereunder and to perform all other obligations to be performed
by Tenant hereunder or release any guarantor from its obligations under its guaranty. Landlord may
accept rent from any person other than Tenant pending approval or disapproval of an assignment or
subletting.  The consent by Landlord to any Transfer shall not constitute a consent to any
subsequent Transfer by Tenant or to any subsequent or successive Transfer by an assignee or
subtenant and no assignment or sublease may be modified or amended without Landlord’s prior written
consent. However, Landlord may consent to subsequent Transfers or any amendments or modifications
thereto without notifying Tenant or anyone else liable on the Lease and without obtaining their
consent, and such action shall not relieve such persons from liability under this Lease. In the
event of any default under this Lease, Landlord may proceed directly against Tenant, any guarantors
or anyone else responsible for the performance of this Lease, including any subtenant or assignee,
without first exhausting Landlord’s remedies against any other person or entity responsible
therefore to Landlord, or any security held by Landlord. The discovery of the fact that any
financial statement relied upon by Landlord in giving its consent to an assignment or subletting
was materially false shall, at Landlord’s election, render Landlord’s consent null and void.
Landlord shall not be liable under this Lease or under any sublease to any subtenant. Any assignee
of, or subtenant under, this Lease shall, by reason of accepting such assignment or entering into
such sublease, be deemed, for the benefit of Landlord, to have assumed and agreed to conform and
comply with each and every term, covenant, condition and obligation herein to be observed or
performed by Tenant during the term of said assignment or sublease, other than such obligations as
are contrary or inconsistent with provisions of an assignment or sublease to which Landlord has
specifically consented in writing.

12.4. Transfer Premium from Assignment or Subletting.  Landlord shall be entitled to receive
from Tenant (as and when received by Tenant) as an item of additional rent fifty percent (50%) of
all amounts received by Tenant from the subtenant or assignee in excess of the amounts payable by
Tenant to Landlord hereunder (hereinafter the “Transfer Premium”). The Transfer Premium shall be
reduced by the reasonable brokerage commissions and legal fees actually paid by Tenant in order to
assign the Lease or to sublet a portion of the Premises. “Transfer Premium” shall mean all Rent,
additional rent or other consideration of any type whatsoever payable by the assignee or subtenant
in excess of the Rent and additional rent payable by Tenant under this Lease. If less than all of
the Premises is transferred, the Rent and the additional rent shall be determined on a per rentable
square foot basis. For purposes of calculating the Transfer Premium, expenses will be amortized
over the life of the sublease.

12.5. Landlord’s Option to Recapture Space.  Notwithstanding anything to the contrary
contained in this Section 16, Landlord shall have the option, by giving written notice to Tenant
within thirty (30) days after receipt of any request by Tenant to assign this Lease or to sublease
space in the Premises, to terminate this Lease with respect to said space as of the date thirty
(30) days after Landlord’s election. In the event of a recapture by Landlord, if this Lease shall
be canceled with respect to less than the entire Premises, the Rent and the number of parking
spaces Tenant may use shall be adjusted on the basis of the number of rentable square feet retained
by Tenant in proportion to the number of rentable square feet contained in the original Premises,
and this Lease as so amended shall continue thereafter in full force and effect, and upon request
of either party, the parties shall execute written confirmation of same.

12.6. Transfers to Affiliates and Collateral Assignments to Lenders. Notwithstanding anything
to the contrary contained in the Lease, Tenant shall have the right, without Landlord’s consent,
and without payment of a Transfer Premium, to assign this Lease or sublet all or any portion of the
Premises to: (a) a parent, subsidiary or affiliated entity of Tenant, or (b) any entity to which
all or a substantial portion of the assets of Tenant have been transferred, or (c) any entity in
connection with a merger, sale of stock, consolidation or other corporate reorganization or
transaction involving Tenant (collectively, a “Permitted Transfer”). Tenant shall also have the
right to collaterally assign its interest as tenant in this Lease as security for loan(s) to be
made to Tenant (a ‘Collateral Assignment”). Tenant shall provide Landlord with at least ten (10)
business days prior written notice of a Permitted Transfer or a Collateral Assignment.

13. Default; Remedies.  

13.1. Default by Tenant.  Landlord and Tenant hereby agree that the occurrence of any one or
more of the following events is a default by Tenant under this Lease and that said default shall
give Landlord the rights described in Section 13.2. Landlord or Landlord’s authorized agent shall
have the right to execute and deliver any notice of default, notice to pay rent or quit or any
other notice Landlord gives Tenant.

(a)  Tenant’s failure to make any payment of Rent, late charges or any other payment required
to be made by Tenant hereunder, as and when due, where such failure shall continue for a period of
ten (10) days after written notice thereof from Landlord to Tenant (provided however that in no
event shall Landlord be obligated to provide written notice more than twice in any twelve month
period).

(b)  The abandonment of the Premises by Tenant in which event Landlord shall not be obligated
to give any notice of default to Tenant.

(c)  Tenant’s failure to comply with any of the covenants, conditions or provisions of this
Lease to be observed or performed by Tenant (other than those referenced in Sections 13.1(a) and
(b) above), where such failure shall continue for a period of twenty (20) days after written notice
thereof from Landlord to Tenant; provided, however, that if the nature of Tenant’s nonperformance
is such that more than twenty (20) days is reasonably required for its cure, then Tenant shall be
allowed additional time (not to exceed 60 days) as is reasonably necessary to cure the failure so
long as Tenant commences such cure within said twenty (20) day period and thereafter diligently
pursues such cure to completion. In the event that Landlord serves Tenant with a notice to quit or
any other notice pursuant to applicable unlawful detainer statutes, said notice shall also
constitute the notice required by this Section 13.1(c).

(d)   (i) The making by Tenant or any guarantor of Tenant’s obligations hereunder of
any general arrangement or general assignment for the benefit of creditors; (ii) the appointment of
a trustee or receiver to take possession of substantially all of Tenant’s assets located at the
Premises or of Tenant’s interest in this Lease, where possession is not restored to Tenant within
thirty (30) days; (iii) the attachment, execution or other judicial seizure of substantially all of
Tenant’s assets located at the Premises or of Tenant’s interest in this Lease, where such seizure
is not discharged within thirty (30) days; or (iv) the insolvency of Tenant or Tenant becoming
subject to state insolvency or federal bankruptcy. In the event that any provision of this
Section 13.1(d) is unenforceable under applicable law, such provision shall be of no force or
effect.

13.2. Remedies.   Upon the occurrence of any event of default by Tenant under this Lease,
Landlord shall have the option to pursue any one or more of the following remedies, in addition to
the remedies otherwise provided herein or otherwise available at law or in equity, without any
notice or demand whatsoever:

(a) Landlord may cancel and terminate this Lease and dispossess Tenant;

(b) Landlord may without terminating or canceling this Lease declare all amounts and rents due
under this Lease for the remainder of the Lease Term (or any applicable extension or renewal
thereof) to be immediately due and payable, and thereupon all rents and other charges due hereunder
to the end of the Lease Term or any renewal term, if applicable, shall be accelerated (after
discounting the same to their present value).

(c) Landlord may elect to enter and repossess the Premises and relet the Premises for
Tenant’s account, holding Tenant liable in damages for all expenses incurred in any such reletting
and for any difference between the amount of rent received from such reletting and the amount due
and payable under the terms of this Lease.

(d) Landlord may enter upon the Premises and do whatever Tenant is obligated to do under the
terms of this Lease (and Tenant shall reimburse Landlord on demand for any expenses which Landlord
may incur in effecting compliance with Tenant’s obligations under this Lease, and Landlord shall
not be liable for any damages resulting to the Tenant from such action), whether caused by the
negligence of Landlord or otherwise.

All of the foregoing rights, remedies, powers and elections of Landlord reserved herein are
cumulative, and pursuit of any of the foregoing remedies shall not preclude other remedies
available under this Lease or provided by law, nor shall pursuit of any remedy herein provided
constitute a forfeiture or waiver of any rent due to Landlord hereunder or of any damages accruing
to Landlord by reason of the violation of any of the terms, provisions and covenants herein
contained. No waiver by Landlord of any violation or breach of any of the terms, provisions and
covenants herein contained shall be deemed or construed to constitute a waiver of any other
violation or breach of any of the terms, provisions and covenants herein contained. Forbearance by
Landlord to enforce one or more of the remedies herein provided upon an event of default, or delay
by Landlord in enforcing one or more of such remedies upon an event of default, shall not be deemed
or construed to constitute a waiver of such default. All monies expended by Landlord for which
Tenant is liable under this Lease, and all amounts and charges due to Landlord under this Lease
shall be deemed to constitute rents and all rents shall be paid by Tenant to Landlord without any
setoff or counterclaim whatsoever and all past due rents shall bear interest at the maximum legal
rate per annum and shall be included in any lien for rent.

13.3. Default by Landlord. Except with respect to the specific notice and cure periods set
forth in Section 11.5 of this Lease,  Landlord shall not be in default under this Lease unless
Landlord fails to perform obligations required of Landlord within thirty (30) days after written
notice by Tenant to Landlord and to the holder of any mortgage or deed of trust encumbering the
Project whose name and address shall have theretofore been furnished to Tenant in writing,
specifying wherein Landlord has failed to perform such obligation; provided, however, that if the
nature of Landlord’s obligation is such that more than thirty (30) days are required for its cure,
then Landlord shall not be in default if Landlord commences performance within such thirty (30) day
period and thereafter diligently pursues the same to completion.  Tenant hereby waives its
right to recover consequential damages (including, but not limited to, lost profits) or punitive
damages arising out of a Landlord default. In no event shall Tenant have the right to
terminate this Lease as a result of Landlord’s default, and Tenant’s remedies shall be limited to
damages and/or an injunction. This Lease and the obligations of Tenant hereunder shall not be
affected or impaired because Landlord is unable to fulfill any of its obligations hereunder or is
delayed in doing so, if such inability or delay is caused by reason of a Force Majeure Event, and
the time for Landlord’s performance shall be extended for the period of any such delay. Any claim,
demand, right or defense by Tenant that arises out of this Lease or the negotiations which preceded
this Lease shall be barred unless Tenant commences an action thereon, or interposes a defense by
reason thereof, within six (6) months after the date of the inaction, omission, event or action
that gave rise to such claim, demand, right or defense.

13.4. Late Charges.  If any installment of Rent or any other sum due from Tenant shall not be
received by Landlord within five (5) days of when such amount shall be due, then, without any
requirement for notice or demand to Tenant, Tenant shall immediately pay to Landlord a late charge
equal to five percent (5%) of such overdue amount. The parties hereby agree that such late charge
represents a fair and reasonable estimate of the costs Landlord will incur by reason of late
payment by Tenant. Acceptance of such late charge by Landlord shall in no event constitute a
waiver of Tenant’s default with respect to such overdue amount, nor prevent Landlord from
exercising any of the other rights and remedies granted hereunder including the assessment of
interest under Section 13.5.

13.5. Interest on Past-due Obligations.  Except as expressly herein provided, any amount due
to Landlord that is not paid when due shall bear interest at the lesser of ten percent (10%) per
annum, or the maximum rate permitted by applicable law. Payment of such interest shall not excuse
or cure any default by Tenant under this Lease; provided, however, that interest shall not be
payable on late charges incurred by Tenant nor on any amounts upon which late charges are paid by
Tenant.

13.6. Payment of Rent and Security Deposit After Default.  If Tenant fails to pay Rent or any
other monetary obligation due hereunder on the date it is due, after Tenant’s third failure to pay
any monetary obligation on the date it is due, at Landlord’s option, all monetary obligations of
Tenant hereunder shall thereafter be paid by cashier’s check,. If Landlord has required Tenant to
make said payments by cashier’s check, Tenant’s failure to make a payment by cashier’s check shall
be a default hereunder.

14. Landlord’s Right to Cure Default; Payments by Tenant.  If Tenant shall fail to perform any of
its obligations under this Lease, Landlord shall have the right to make any such payment or perform
any such act on Tenant’s behalf without waiving its rights based upon any default of Tenant and
without releasing Tenant from any obligations hereunder. Tenant shall reimburse Landlord for the
cost of such performance upon demand.

15. Condemnation.  If the Premises or the Project are taken under the power of eminent domain, or
sold under the threat of the exercise of said power (all of which are herein called
“Condemnation”), this Lease shall terminate as to the part so taken as of the date the condemning
authority takes title or possession, whichever first occurs, except with respect to a temporary
taking lasting less than ninety (90) days in which case Tenant’s rent will be proportionately
abated but the Lease shall continue in full force and effect. Any award for the taking of all or
any part of the Premises or the Project under the power of eminent domain or any payment made under
threat of the exercise of such power shall be the property of Landlord, whether such award shall be
made as compensation for diminution in value of the leasehold, for good will, for the taking of the
fee, as severance damages, or as damages for tenant improvements; provided, however, that Tenant
shall be entitled to any separate award for loss of or damage to Tenant’s removable personal
property and for moving expenses.

16. Broker’s Fee.  Tenant and Landlord each represent and warrant to the other that neither has had
any dealings or entered into any agreements with any person, entity, broker or finder other than
the persons, if any, listed in Section 1.13, in connection with the negotiation of this Lease, and
no other broker, person, or entity is entitled to any commission or finder’s fee in connection with
the negotiation of this Lease, and Tenant and Landlord each agree to indemnify, defend and hold the
other harmless from and against any claims, damages, costs, expenses, attorneys’ fees or liability
for compensation or charges which may be claimed by any such unnamed broker, finder or other
similar party by reason of any dealings, actions or agreements of the indemnifying party.

17. Subordination; Estoppel Certificates.

17.1. Subordination.  This Lease and any options granted to Tenant hereunder, upon Landlord’s
written election, shall be subject and subordinate to any ground lease, mortgage, deed of trust, or
any other hypothecation or security now or hereafter placed upon the Project and to any and all
advances made on the security thereof and to all renewals, modifications, consolidations,
replacements and extensions thereof. Notwithstanding such subordination, Tenant’s right to quiet
possession of the Premises shall not be disturbed if Tenant is not in default and so long as Tenant
shall pay the rent and observe and perform all of the provisions of this Lease, unless this Lease
is otherwise terminated pursuant to its terms. At the request of any mortgagee, trustee or ground
lessor, Tenant shall attorn to such person or entity. If any mortgagee, trustee or ground lessor
shall elect to have this Lease prior to the lien of its mortgage, deed of trust or ground lease,
and shall give written notice thereof to Tenant, this Lease shall be deemed prior to such mortgage,
deed of trust or ground lease, whether this Lease are dated prior or subsequent to the date of said
mortgage, deed of trust or ground lease or the date of recording thereof. In the event of the
foreclosure of a security device, the new owner shall not (a) be liable for any act or omission of
any prior landlord or with respect to events occurring prior to its acquisition of title, (b) be
liable for the breach of this Lease by any prior landlord, (c) be subject to any offsets or
defenses which Tenant may have against the prior landlord (other than any current rent paid to the
Landlord) or (d) be liable to Tenant for the return of its Security Deposit. Tenant agrees to
execute and acknowledge any documents Landlord reasonably requests that Tenant execute to
effectuate an attornment, a subordination, or to make this Lease prior to the lien of any mortgage,
deed of trust or ground lease, as the case may be. Tenant’s failure to execute such documents
within ten (10) days after written demand shall constitute a material default by Tenant hereunder.
Landlord represents and warrants that as of the Commencement Date of this Lease there are no
mortgages or ground leases encumbering the Building of which the Premises is a part.

17.2. Estoppel Certificates. Tenant shall from time to time, upon not less than ten (10)
days’ prior written notice from Landlord, execute, acknowledge and deliver to Landlord a statement
in writing certifying such information as Landlord may reasonably request including, but not
limited to, the following: (a) that this Lease is unmodified and in full force and effect (or, if
modified, stating the nature of such modification and certifying that this Lease, as so modified,
is in full force and effect) (b) the date to which the Rent and other charges are paid in advance
and the amounts so payable, (c) that there are not, to Tenant’s knowledge, any uncured defaults or
unfulfilled obligations on the part of Landlord, or specifying such defaults or unfulfilled
obligations, if any are claimed, (d) that all tenant improvements to be constructed by Landlord, if
any, have been completed in accordance with Landlord’s obligations and (e) that Tenant has taken
possession of the Premises. Any such statement may be conclusively relied upon by any prospective
purchaser or encumbrancer of the Project. At Landlord’s option, the failure of Tenant to deliver
such statement within such time shall constitute a material default of Tenant hereunder, or it
shall be conclusive upon Tenant that (a) this Lease is in full force and effect, without
modification except as may be represented by Landlord, (b) there are no uncured defaults in
Landlord’s performance, (c) not more than one month’s Rent has been paid in advance, (d) all tenant
improvements to be constructed by Landlord, if any, have been completed in accordance with
Landlord’s obligations and (e) Tenant has taken possession of the Premises.

18. Landlord’s Liability.   Landlord shall have the right to transfer all or any portion of its
interest in the Project and to assign this Lease to the transferee. Upon transfer, Landlord shall
automatically be released from all further liability under this Lease; and Tenant hereby agrees to
look solely to Landlord’s transferee for the performance of Landlord’s obligations hereunder after
the date of the transfer. Upon such a transfer, Landlord shall, at its option, return Tenant’s
Security Deposit to Tenant or transfer Tenant’s Security Deposit to Landlord’s transferee and, in
either event, Landlord shall have no further liability to Tenant for the return of its Security
Deposit. Subject to the rights of any lender holding a mortgage or deed of trust encumbering all
or part of the Project, Tenant agrees to look solely to Landlord’s equity interest in the Project
for the collection of any judgment requiring the payment of money by Landlord arising out of (a)
Landlord’s failure to perform its obligations under this Lease or (b) the negligence or willful
misconduct of Landlord, its partners, employees and agents. No other property or assets of
Landlord shall be subject to levy, execution or other enforcement procedure for the satisfaction of
any judgment or writ obtained by Tenant against Landlord. No partner, employee or agent of
Landlord shall be personally liable for the performance of Landlord’s obligations hereunder or be
named as a party in any lawsuit arising out of or related to, directly or indirectly, this Lease
and the obligations of Landlord hereunder. The obligations under this Lease do not constitute
personal obligations of the individual partners of Landlord and Tenant shall not seek recourse
against the individual partners of Landlord or their assets. In no event shall Landlord be liable
to Tenant for consequential or punitive damages.

19. Indemnity.  Except to the extent caused by the gross negligence or willful misconduct of an
Indemnified Party (as hereinafter defined), Tenant hereby agrees to indemnify, defend and hold
harmless Landlord and its employees, partners, agents, contractors, lenders and ground lessors
(said persons and entities are hereinafter collectively referred to as the “Indemnified Parties”)
from and against any and all liability, loss, cost, damage, claims, loss of rents, liens,
judgments, penalties, fines, settlement costs, investigation costs, cost of consultants and
experts, attorneys fees, court costs and other legal expenses, effects of environmental
contamination, cost of environmental testing, removal, remediation and/or abatement of Hazardous
Materials (as said term are defined below), insurance policy deductibles and other expenses
(hereinafter collectively referred to as “Damages”) arising out of or related to an Indemnified
Matter (as defined below). For purposes of this Section, an “Indemnified Matter” shall mean any
matter for which one or more of the Indemnified Parties incurs liability or Damages if the
liability or Damages arise out of or involve, directly or indirectly, (a) Tenant’s or its
employees’, agents’, contractors’ or invitees’ (all of said persons or entities are hereinafter
collectively referred to as “Tenant Parties”) use or occupancy of the Premises or the Project, (b)
any act, omission or neglect of a Tenant Party, (c) Tenant’s failure to perform any of its
obligations under the Lease, (d) the existence, use or disposal of any Hazardous Material brought
on to the project by a Tenant Party or (e) any other matters for which Tenant has agreed to
indemnify Landlord pursuant to any other provision of this Lease. This indemnity is intended to
apply to the fullest extent permitted by applicable law. Tenant’s obligations under this
Section shall survive the expiration or termination of this Lease unless specifically waived in
writing by Landlord after said expiration or termination.

Landlord hereby agrees to indemnify, defend and hold harmless Tenant and its employees,
agents, and contractors (said persons and entities are hereinafter collectively referred to as the
“Tenant Indemnified Parties”) from and against any and all Damages that result from the gross
negligence or willful misconduct of Landlord its employees and its authorized representatives (a
“Tenant Indemnified Matter”). Landlord’s obligations hereunder shall include, but shall not be
limited to (a) compensating the Tenant Indemnified Parties for Damages arising out of Tenant
Indemnified Matters within ten (10) days after written demand from a Tenant Indemnified Party plus
a reasonable period of time for Landlord’s investigation of the claim and (b) providing a defense,
with counsel reasonably satisfactory to the Tenant Indemnified Party, at Landlord’s sole expense,
within ten (10) days after written demand from the Tenant Indemnified Party, of any claims, action
or proceeding arising out of or relating to an Tenant Indemnified Matter. This indemnity is
intended to apply to the fullest extent permitted by applicable law. Landlord’s obligations under
this section shall survive the expiration or termination of this Lease unless specifically waived
in writing by Tenant after said expiration or termination. Tenant hereby waives its right to
recover consequential, special, indirect, exemplary or punitive damages (including but not limited
to, lost profits) arising out of a Tenant Indemnified Matter.

20. Exemption of Landlord from Liability.  Tenant hereby agrees that Landlord shall not be liable
for injury to Tenant’s business or any loss of income therefrom or for loss of or damage to
Tenant’s Property, Tenant’s employees, agents, contractors or invitees, or any other person in or
about the Project, nor shall Landlord be liable for injury to the person of Tenant, Tenant’s
employees, agents, contractors or invitees, whether such damage or injury is caused by or results
from any cause whatsoever including, but not limited to, theft, criminal activity at the Project,
negligent security measures, bombings or bomb scares, Hazardous Materials, fire, steam,
electricity, gas, water or rain, flooding, breakage of pipes, sprinklers, plumbing, air
conditioning or lighting fixtures, or from any other cause, whether said damage or injury results
from conditions arising upon the Premises or upon other portions of the Project, or from other
sources or places, or from new construction or the repair, alteration or improvement of any part of
the Project, unless the cause of the damage or injury arises out of Landlord’s or its employees’,
agents’ or contractors’ grossly negligent or intentional acts. Landlord shall not be liable for
any damages arising from any act or neglect of any employees, agents, contractors or invitees of
any other tenant, occupant or user of the Project, nor from the failure of Landlord to enforce the
provisions of the lease of any other tenant of the Project. Tenant, as a material part of the
consideration to Landlord hereunder, hereby assumes all risk of damage to Tenant’s Property or
business or injury to persons in, upon or about the Project arising from any cause, excluding
Landlord’s gross negligence or the gross negligence of its employees, agents or contractors, and
Tenant hereby waives all claims in respect thereof against Landlord, its employees, agents and
contractors.

21. Hazardous Material.  

21.1. Indemnity; Duty to Inform Landlord. Tenant shall not cause or permit any Hazardous
Material (as defined hereinafter) to be brought, kept or used in or about the Premises or the
Project by Tenant, its agents, employees, contractors, or invitees. Tenant hereby agrees to
indemnify Landlord from and against any breach by Tenant of the obligations stated in the preceding
sentence, and agrees to defend and hold Landlord harmless from and against any and all claims,
judgments, damages, penalties, fines, costs, liabilities, or losses (including, without limitation,
diminution in value of the Project, damages for the loss or restriction or use of rentable space or
of any amenity of the Project, damages arising from any adverse impact on marketing of space in the
Project, sums paid in settlement of claims, attorneys’ fees, consultant fees and expert fees) which
arise during or after the Term of this Lease as result of such breach. This indemnification of
Landlord by Tenant includes, without limitation, costs incurred in connection with any
investigation of site conditions and any cleanup, remedial removal, or restoration work required
due to the presence of Hazardous Material. If Tenant knows, or has reasonable cause to believe,
that a Hazardous Substance, or a condition involving or resulting from same, has come to be located
in, on or under or about the Premises or the Project, Tenant shall immediately give written notice
of such fact to Landlord. Tenant shall also immediately give Landlord (without demand by Landlord)
a copy of any statement, report, notice, registration, application, permit, license, given to or
received from, any governmental authority or private party, or persons entering or occupying the
Premises, concerning the presence, spill, release, discharge of or exposure to, any Hazardous
Substance or contamination in, on or about the Premises or the Project. The provisions of this
Section 21 shall survive the termination of the Lease.

21.2. Definition and Consent.  The term “Hazardous Substance” as used in this Lease shall mean
any hazardous substance, hazardous waste, infectious waste, or toxic substance, product, substance,
chemical, material or waste whose presence, nature, quantity and/or intensity of existence, use,
manufacture, disposal, transportation, spill, release or affect, either by itself or in combination
with other materials expected to be on the Premises, is either: (a) potentially injurious to the
public health, safety or welfare, the environment or the Premises, (b) regulated or monitored by
any governmental entity, (c) a basis for liability of Landlord to any governmental entity or third
party under any federal, state or local statute or common law theory or (d) defined as a hazardous
material or substance by any federal, state or local law or regulation. Except for small
quantities of ordinary office supplies such as copier toner, liquid paper, glue, ink and common
household cleaning materials, Tenant shall not cause or permit any Hazardous Substance to be
brought, kept, or used in or about the Premises or the Project by Tenant, its agents, employees,
contractors or invitees.

21.3. Inspection; Compliance.  Landlord and Landlord’s employees, agent, contractors and
lenders shall have the right to enter the Premises at any time in the case of an emergency, and
otherwise at reasonable times, for the purpose of inspecting the condition of the Premises and for
verifying compliance by Tenant with this Section 21. Landlord shall have the right to employ
experts and/or consultants in connection with its examination of the Premises and with respect to
the installation, operation, use, monitoring, maintenance, or removal of any Hazardous Substance on
or from the Premises. The costs and expenses of any such inspections shall be paid by the party
requesting same, unless a contamination, caused or materially contributed to by Tenant, is found to
exist or be imminent, or unless the inspection is requested or ordered by governmental authority as
the result of any such existing or imminent violation or contamination. In any such case, Tenant
shall upon request reimburse Landlord for the cost and expenses of such inspection.

22. Force Majeure.   Landlord will not be deemed in default or have liability to Tenant, nor will
Tenant have any right to terminate this Lease or abate rent or assert a claim of partial or
constructive eviction, because of Landlord’s failure to perform any of its obligations under this
Lease if the failure is due in part or in full to reasons beyond Landlord’s reasonable control.
Such reasons will include but not be limited to: fire, earthquake, weather delays or other acts of
God, strikes, boycotts, war, terrorism, bio-terrorism, riot, insurrection, embargoes, shortages of
equipment, labor or materials, utility failure or defect, delays in issuance of any necessary
governmental permit or approval (including building permits and certificates of occupancy), any
governmental preemption in connection with a national emergency or any other cause, whether similar
or dissimilar, which is beyond a party’s reasonable control (each, hereinafter, a “Force Majeure
Event”). If this Lease specifies a time period for performance of an obligation by Landlord, that
time period will be extended by the period of any delay in Landlord’s performance caused by the
Force Majeure Event.

Tenant will not be deemed in default or have liability to Landlord because of Tenant’s failure
to perform any of its obligations under this Lease (other than an obligation to pay money) if the
failure is due in part or in full to a Force Majeure Event. If this Lease specifies a time period
for performance of an obligation by Tenant, that time period will be extended by the period of any
delay in Tenant’s performance caused by the Force Majeure Event.

23. Landlord’s Rights.

23.1. Landlord Reservations.  Landlord shall have the right: (a) to change the name and
address of the Project or Building upon not less than ninety (90) days prior written notice; (b) to
provide and install Building standard graphics on or near the door of the Premises and such
portions of the Common Areas as Landlord shall determine, in Landlord’s sole discretion; (c) to
permit any tenant the exclusive right to conduct any business as long as such exclusive right does
not conflict with any rights expressly given herein; and (d) to place signs, notices or displays
upon the roof, interior, exterior or Common Areas of the Project. Tenant shall not permit anyone,
except in an emergency, to go upon the roof of the Building. Landlord reserves the right to use
the exterior walls of the Premises, and the area beneath, adjacent to and above the Premises,
together with the right to install, use, maintain and replace equipment, machinery, pipes, conduits
and wiring through the Premises, which serve other parts of the Project, provided that Landlord’s
use does not unreasonably interfere with Tenant’s use of the Premises. Landlord reserves to itself
the right, from time to time, to grant such easements, rights and dedications that Landlord deems
necessary or desirable, and to cause the recordation of parcel maps and restrictions, so long as
such easements, rights, dedications, maps and restrictions do not unreasonably interfere with the
use of the Premises by Tenant. Tenant shall sign any of the aforementioned documents within ten
(10) days after Landlord’s request and Tenant’s failure to do so shall constitute a default by
Tenant. The obstruction of Tenant’s view, air, or light by any structure erected in the vicinity
of the Project, whether by Landlord or third parties, shall in no way affect this Lease or impose
any liability upon Landlord.

23.2. Changes to Project.  Landlord shall have the right, in Landlord’s sole discretion, from
time to time, to make changes to the size, shape, location, number and extent of the improvements
comprising the Project (hereinafter referred to as “Changes”) including, but not limited to, the
Project interior and exterior, the Common Areas, elevators, escalators, restrooms, HVAC, electrical
systems, communication systems, fire protection and detection systems, plumbing systems, security
systems, parking control systems, driveways, entrances, parking spaces, parking areas and
landscaped areas. In connection with the Changes, Landlord may, among other things, erect
scaffolding or other necessary structures at the Project, limit or eliminate access to portions of
the Project, including portions of the Common Areas, or perform work in the Building, which work
may create noise, dust or leave debris in the Building. Tenant hereby agrees that such Changes and
Landlord’s actions in connection with such Changes shall in no way constitute a constructive
eviction of Tenant or entitle Tenant to any abatement of rent. Landlord shall have no
responsibility or for any reason be liable to Tenant for any direct or indirect injury to or
interference with Tenant’s business arising from the Changes, nor shall Tenant be entitled to any
compensation or damages from Landlord for any inconvenience or annoyance occasioned by such Changes
or Landlord’s actions in connection with such Changes.

23.3. Landlord’s Access.  Landlord and Landlord’s agents, contractors and employees shall have
the right to enter the Premises at reasonable times for the purpose of inspecting the Premises,
performing any services required of Landlord, showing the Premises to prospective purchasers,
lenders, or tenants, undertaking safety measures and making alterations, repairs, improvements or
additions to the Premises or to the Project. In the event of an emergency, Landlord may gain
access to the Premises by any reasonable means, and Landlord shall not be liable to Tenant for
damage to the Premises or to Tenant’s Property resulting from such access. Landlord shall have the
right to retain keys to the locks on the entry doors to the Premises and all interior doors at the
Premises. At Landlord’s option, Landlord may require Tenant to obtain all keys to door locks at
the Premises from Landlord’s engineering staff or Landlord’s locksmith and to only use Landlord’s
engineering staff or Landlord’s locksmith to change locks at the Premises. Tenant shall pay
Landlord’s or its locksmith’s standard charge for all keys and other services obtained from
Landlord’s engineering staff or locksmith.

24. Parking. The number of guaranteed parking spaces shall be based on 4 spaces per 1000 SF for a
total of 46 regular parking spaces. During the Term and subject to the rules and regulations
attached hereto as Exhibit “B” as modified by Landlord from time to time (the “Rules”), Tenant
shall be entitled to use 46 unreserved parking spaces in the Building’s garage at no additional
charge and, Tenant shall be entitled to use one reserved parking space in the first floor of the
Building’s garage at no charge. Tenant shall pay the Landlord for each unreserved space over 46
and for each additional reserved space over one (1) upon availability as provided in Section 1.12.
For purposes of this Lease, a “parking space” refers to the space in which one (1) motor vehicle is
intended to park. If Tenant commits or allows in the parking facility any of the activities
prohibited by the Lease or the Rules, then Landlord shall have the right, without notice, in
addition to such other rights and remedies that it may have, to remove or tow away the vehicle
involved and charge the cost to Tenant, which cost shall be immediately payable by Tenant upon
demand by Landlord. Tenant’s parking rights are the personal rights of Tenant and Tenant shall not
transfer, assign, or otherwise convey its parking rights separate and apart from this Lease.
Landlord agrees that during the term of this Lease, Landlord will make available guest parking
spaces in the Building’s garage.

25. Substitution of Other Premises.  Landlord shall have the right at any time during the First
Extension Term or during the Second Extension Term (but not during the initial 5 year term) to move
Tenant to any other leasable space in the Project provided that said space shall be approximately
the same size as the Premises and that Landlord shall pay the cost of moving Tenant’s furniture and
equipment to the new space. The new space shall include tenant improvements that are substantially
equivalent to the tenant improvements contained in the Premises, and the cost of any required
tenant improvements shall be paid by Landlord. If Landlord elects to relocate Tenant, Landlord
shall give Tenant written notice of its election (the “Landlord Notice”). Tenant shall have the
right to notify Landlord that Tenant elects to terminate this Lease within ten (10) days of receipt
of the Landlord Notice. In the event that Tenant timely notifies Landlord that Tenant elects to
terminate this Lease, Landlord shall have the right to notify Tenant within ten (10) days of
receipt of Tenant’s election to terminate this Lease that Landlord withdraws its right to relocate
the Tenant, and this lease shall remain in full force and effect. If Landlord elects to relocate
Tenant and Tenant does not terminate this Lease, Landlord shall deliver substitute space to Tenant
not more than one hundred eighty (180) days after Tenant approves plans for the construction of
required tenant improvements at the new space, if any. Tenant shall not unreasonably withhold or
delay its approval of any plans for the construction of tenant improvements for the new space.
Landlord shall give Tenant thirty (30) days’ advance notice of the estimated move in date. Prior
to the date that Tenant is moved to the new space, Tenant shall remain in the Premises and shall
continue to perform all of its obligations under this Lease. After Tenant moves into the new
space, this Lease shall remain in full force and effect and be deemed applicable to such new space,
except as to Rent and the number of parking spaces Tenant shall be entitled to use, all of which
shall be adjusted based on the relationship between the number of rentable square feet in the
original Premises and the number of rentable square feet in the substituted space. Upon Tenant’s
election to be relocated, Landlord and Tenant shall amend this Lease to provide for the relocation
of the Premises.

26. Holding Over.  If Tenant remains in possession of the Premises or any part thereof after the
expiration or earlier termination of the term hereof with Landlord’s consent, such occupancy shall
be a tenancy from month to month upon all the terms and conditions of this Lease pertaining to the
obligations of Tenant, except that the monthly Rent payable shall be one hundred fifty percent
(150%) of the monthly Rent that was payable in the month immediately preceding the termination date
of this Lease for the first thirty (30) days of such holdover, and thereafter the monthly Rent
payable shall be two hundred percent (200%) of the monthly Rent that was payable in the month
immediately preceding the termination date of this Lease. If Tenant remains in possession of the
Premises or any part thereof after the expiration of the Term hereof without Landlord’s consent,
Tenant shall, at Landlord’s option, be treated as a tenant at sufferance or a trespasser. Nothing
contained herein shall be construed to constitute Landlord’s consent to Tenant holding over at the
expiration or earlier termination of the Term of the Lease. Tenant hereby agrees to indemnify,
hold harmless and defend Landlord from any cost, loss, claim or liability (including attorneys’
fees) Landlord may incur as a result of Tenant’s failure to surrender possession of the Premises to
Landlord upon the termination of this Lease.

27. Perimeter Access Control.  Tenant hereby acknowledges that Landlord shall have no obligation
whatsoever to provide guard service or other security measures for the benefit of the Premises or
the Project, and Landlord shall have no liability to Tenant due to its failure to provide such
services. Tenant assumes all responsibility for the protection of Tenant, its agents, employees,
contractors and invitees and the property of Tenant and of Tenant’s agents, employees, contractors
and invitees from acts of third parties. Nothing herein contained shall prevent Landlord, at
Landlord’s sole option, from implementing security measures for the Project or any part thereof, in
which event Tenant shall participate in such security measures and Tenant’s share of the cost
thereof may be charged to Tenant, and Landlord shall have no liability to Tenant and its agents,
employees, contractors and invitees arising out of Landlord’s negligent provision of security
measures. Landlord shall have the right, but not the obligation, to require all persons entering
or leaving the Project to identify themselves to a security guard and to reasonably establish that
such person should be permitted access to the Project.

28. Signs.  Tenant shall not place any sign upon the Premises (including on the inside or the
outside of the doors or windows of the Premises) or the Project without Landlord’s prior written
consent, which may be given or withheld in Landlord’s reasonable discretion. Landlord shall have
the right to place any sign it deems appropriate on any portion of the Project except the interior
of the Premises. Any sign Landlord permits Tenant to place upon the Premises shall be maintained
by Tenant, at Tenant’s sole expense. If Landlord permits Tenant to include its name in the
Building’s directory, the cost of placing Tenant’s name in the directory and the cost of any
subsequent modifications thereto shall be paid by Tenant, at Tenant’s sole expense. Landlord
acknowledges and agrees that Tenant shall have the right to place a sign identifying the Premises
and a sign identifying that certain of Tenant’s principals are the holders of a Florida real estate
broker’s licenses outside of the Tenant’s principal entrance to the Premises with Landlord’s prior
written consent, such consent not to be unreasonably withheld, delayed or conditioned. Landlord
further acknowledges that Landlord shall either (i) provide a building directory identifying the
Tenant’s suite in the lobby of the Building or (ii) advise the Landlord’s receptionist seated in
the lobby of the Building to direct Tenant’s customers and guests to Tenant’s suite within the
Building.

29. Notices.  All notices required or permitted by this Lease shall be in writing and shall be
delivered (a) by hand, (b) by U.S. Postal Service certified mail, return receipt requested, or (c)
by U.S. Postal Service Express Mail, Federal Express or other overnight courier and shall be deemed
sufficiently given if served in a manner specified in this Section. The addresses set forth in
Section 1.15 of this Lease shall be the address of each party for notice purposes. Landlord or
Tenant may by written notice to the other specify a different address or addresses for notices
purposes, except that upon Tenant’s taking possession of the Premises, the Premises shall
constitute Tenant’s address for the purpose of mailing or delivering notices to Tenant. Any notice
sent by certified mail, return receipt requested, shall be deemed given three (3) days after
deposited with the U.S. Postal Service. Notices delivered by U.S. Express Mail, Federal Express or
other courier shall be deemed given on the date delivered by the carrier to the appropriate party’s
address for notice purposes. If notice is received on Saturday, Sunday or a legal holiday, it
shall be deemed received on the next business day. Nothing contained herein shall be construed to
limit Landlord’s right to serve any notice to pay rent or quit or similar notice by any method
permitted by applicable law, and any such notice shall be effective if served in accordance with
any method permitted by applicable law whether or not the requirements of this Section have been
met. Tenant hereby elects domicile at the Premises for the purpose of service of all notices,
writs of summons or other legal documents or process in any suit, action or proceeding which
Landlord or any mortgagee may undertake under this Lease. Notice from Landlord may be given to
Tenant by Landlord or Landlord’s agent or attorney.

30. Miscellaneous.

30.1. Severability.  The invalidity of any provision of this Lease as determined by a court of
competent jurisdiction shall in no way affect the validity of any other provision hereof.

30.2. Time of Essence.  Time is of the essence with respect to each of the obligations to be
performed by Tenant and Landlord under this Lease.

30.3. Incorporation of Prior Agreements.  This Lease and the attachments listed in Section
1.14 contain all agreements of the parties with respect to the lease of the Premises and any other
matter mentioned herein. No prior or contemporaneous agreement or understanding pertaining to any
such matter shall be effective. Except as otherwise stated in this Lease, Tenant hereby
acknowledges that no real estate broker nor Landlord or any employee or agents of any of said
persons has made any oral or written warranties or representations to Tenant concerning the
condition or use by Tenant of the Premises or the Project or concerning any other matter addressed
by this Lease.

30.4. Waivers.  No waiver by Landlord or Tenant of any provision hereof shall be deemed a
waiver of any other provision hereof or of any subsequent breach by Landlord or Tenant of the same
or any other provision. Landlord’s consent to, or approval of, any act shall not be deemed to
render unnecessary the obtaining of Landlord’s consent to or approval of any subsequent act by
Tenant. The acceptance of rent hereunder by Landlord shall not be a waiver of any preceding breach
by Tenant of any provision hereof, other than the failure of Tenant to pay the particular rent so
accepted, regardless of Landlord’s knowledge of such preceding breach at the time of acceptance of
such rent. No acceptance by Landlord of partial payment of any sum due from Tenant shall be deemed
a waiver by Landlord of its right to receive the full amount due, nor shall any endorsement or
statement on any check or accompanying letter from Tenant be deemed an accord and satisfaction.
Tenant hereby waives for Tenant and all those claiming under Tenant all rights now or hereafter
existing to redeem by order or judgment of any court or by legal process or writ, Tenant’s right of
occupancy of the Premises after any termination of this Lease. This Lease shall be construed as
though the covenants contained herein are independent and not dependent and Tenant hereby waives
the benefit of any statute to the contrary. All provisions of this Lease to be observed or
performed by Tenant are both covenants and conditions.

30.5. Amendments.   This Lease may be modified in writing only, signed by the parties in
interest at the time of the modification.

30.6. Binding Effect; Choice of Law; Conflict.  Subject to any provision hereof restricting
assignment or subletting by Tenant, this Lease shall bind the parties, their heirs, personal
representatives, successors and assigns. This Lease shall be governed by the laws of the state in
which the Project is located and any litigation concerning this Lease between the parties hereto
shall be initiated in the county in which the Project is located. Except as otherwise provided
herein to the contrary, any conflict between the printed provisions, exhibits, addenda or riders of
this Lease and the typewritten or handwritten provisions, if any, shall be controlled by the
typewritten or handwritten provisions.

30.7. Attorneys’ Fees.  If Landlord or Tenant brings an action to enforce the terms hereof or
declare rights hereunder, the prevailing party in any such action, or appeal thereon, shall be
entitled to its reasonable attorneys’ fees and court costs to be paid by the losing party as fixed
by the court in the same or separate suit, and whether or not such action is pursued to decision or
judgment. The attorneys’ fee award shall not be computed in accordance with any court fee
schedule, but shall be such as to fully reimburse all attorneys’ fees and court costs reasonably
incurred in good faith. Landlord shall be entitled to reasonable attorneys’ fees and all other
costs and expenses incurred in the preparation and service of notices of default and consultations
in connection therewith, whether or not a legal action is subsequently commenced in connection with
such default. Landlord and Tenant agree that attorneys’ fees incurred with respect to defaults and
bankruptcy are actual pecuniary losses within the meaning of Section 365(b)(1)(B) of the Bankruptcy
Code or any successor statute.

30.8. Auctions.  Tenant shall not conduct, nor permit to be conducted, either voluntarily or
involuntarily, any auction upon the Premises or the Common Areas. The holding of any auction on
the Premises or Common Areas in violation of this Section 30.8 shall constitute a material default
hereunder.

30.9. Merger; Relationship of Parties.  The voluntary or other surrender of this Lease by
Tenant, or a mutual cancellation thereof, or a termination by Landlord, shall not result in the
merger of Landlord’s and Tenant’s estates, and shall, at the option of Landlord, terminate all or
any existing subtenancies or may, at the option of Landlord, operate as an assignment to Landlord
of any or all of such subtenancies. Nothing contained in this Lease shall be deemed or construed
by the parties hereto or by any third party to create the relationship of principal and agent,
partnership, joint venturer or any association between Landlord and Tenant.

30.10. Quiet Possession.  Subject to the other terms and conditions of this Lease, and the
rights of any lender, and provided Tenant is not in default hereunder, Tenant shall have quiet
possession of the Premises for the entire Term hereof, subject to all of the provisions of this
Lease.

30.11. Authority; Multiple Parties.  If Tenant is a corporation, trust, general or limited
partnership, or other entity, Tenant, and each individual executing this Lease on behalf of such
entity, represents and warrants that such individual is duly authorized to execute and deliver this
Lease on behalf of said entity, that said entity is duly authorized to enter into this Lease, and
that this Lease is enforceable against said entity in accordance with its terms. If Tenant is a
corporation, trust or partnership, Tenant shall deliver to Landlord upon demand evidence of such
authority satisfactory to Landlord. If more than one person or entity is named as Tenant herein,
the obligations of Tenant shall be the joint and several responsibility of all persons or entities
named herein as Tenant. Service of a notice in accordance with Section 29 on one Tenant shall be
deemed service of notice on all Tenants.

30.12. Interpretation.  This Lease shall be interpreted as if it was prepared by both parties
and ambiguities shall not be resolved in favor of Tenant because all or a portion of this Lease was
prepared by Landlord. The captions contained in this Lease are for convenience only and shall not
be deemed to limit or alter the meaning of this Lease. As used in this Lease the words tenant and
landlord include the plural as well as the singular. Words used in the neuter gender include the
masculine and feminine gender. The deletion of any printed, typed or other portion of this Lease
shall not evidence the parties’ intention to contradict such deleted portion. Such deleted portion
shall be deemed not to have been inserted in this Lease. Notwithstanding anything to the contrary
contained in this Lease, if the Term of the Lease has not commenced within six (6) months after the
date of this Lease, this Lease shall automatically terminate on the first day of the seventh (7th)
month. The sole purpose of this provision is to avoid any interpretation of this Lease as a
violation of the Rule Against Perpetuities, or any other rule of law or equity concerning
restraints on alienation.

30.13. Prohibition Against Recording.  Neither this Lease, nor any memorandum, affidavit or
other writing with respect thereto, shall be recorded by Tenant or by anyone acting through, under
or on behalf of Tenant. Landlord shall have the right to record a memorandum of this Lease, and
Tenant shall execute, acknowledge and deliver to Landlord for recording a commercially reasonable
form of memorandum prepared by Landlord.

30.14. Rules and Regulations.  Tenant agrees to abide by and conform to the Rules and to cause
its employees, suppliers, customers and invitees to so abide and conform. Landlord shall have the
right, from time to time, to modify, amend and enforce the Rules. Landlord shall not be
responsible to Tenant for the failure of other persons including, but not limited to, other
tenants, their agents, employees and invitees to comply with the Rules.

30.15. Intentionally Omitted.

30.16. Attachments.  The items listed in Section 1.14 are a part of this Lease and are
incorporated herein by this reference.

30.17. Confidentiality.  Tenant acknowledges and agrees that the terms of this Lease are
confidential and constitute proprietary information of Landlord. Disclosure of the terms hereof
could adversely affect the ability of Landlord to negotiate other leases with respect to the
Project and may impair Landlord’s relationship with other tenants of the Project. Tenant agrees
that, except for such disclosures as may be required by law or regulation, it and its partners,
officers, directors, employees, brokers, and attorneys, if any, shall not disclose the terms and
conditions of this Lease to any other person or entity, without the prior written consent of
Landlord which may be given or withheld by Landlord, in Landlord’s sole discretion. It is
understood and agreed that damages alone would be an inadequate remedy for the breach of this
provision by Tenant, and Landlord shall also have the right to seek specific performance of this
provision and to seek injunctive relief to prevent its breach or continued breach.

Landlord agrees that it will not publicize the terms of this Lease without Tenant’s prior
written consent, which consent will not be unreasonably withheld, delayed or conditioned.

30.18 Lease of Furniture. Landlord hereby also leases to Tenant the furniture and other items
listed on Exhibit “C” attached hereto (the “Furniture”) during the term of this Lease at no
additional cost to Tenant beyond the Rent stated herein. Tenant accepts the Furniture in its
“as-is” condition existing as of the Commencement Date of this Lease. Tenant agrees to return the
Furniture to Landlord at the expiration or earlier termination of this Lease in the same condition
as when it was received, ordinary wear and tear excepted.

31. OFAC Certification.

31.1. Tenant certifies that: (i) it is not acting, directly or indirectly, for or on behalf of
any person, group, entity, or nation named by any Executive Order or the United States Treasury
Department as a terrorist, “Specially Designated National and Blocked Person,” or other banned or
blocked person, entity, nation, or transaction pursuant to any law, order, rule, or regulation that
is enforced or administered by the Office of Foreign Assets Control; and (ii) it is not engaged in
this transaction, directly or indirectly on behalf of, or instigating or facilitating this
transaction, directly or indirectly on behalf of, any such person, group, entity, or nation.

31.2. Tenant hereby agrees to defend, indemnify, and hold harmless Landlord from and against
any and all claims, damages, losses, risks, liabilities, and expenses (including attorney’s fees
and costs) arising from or related to any breach of the foregoing certification.

32. RADON DISCLOSURE. Tenant is hereby advised that radon is a naturally occurring radioactive gas
that, when it has accumulated in a building in sufficient quantities, may present health risks to
persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines
have been found in buildings in Florida. Additional information regarding radon and radon testing
may be obtained from your county public health unit. The foregoing disclosure is provided to
comply with state law and is for informational purposes only. Landlord has not conducted radon
testing with respect to the Building and specifically disclaims any and all representations and
warranties as to the absence of radon gas or radon producing conditions in connection with the
Building and the Premises.

33. WAIVER OF JURY TRIAL.  LANDLORD AND TENANT HEREBY WAIVE THEIR RESPECTIVE RIGHT TO TRIAL BY JURY
OF ANY CAUSE OF ACTION, CLAIM, COUNTERCLAIM OR CROSS-COMPLAINT IN ANY ACTION, PROCEEDING AND/OR
HEARING BROUGHT BY EITHER LANDLORD AGAINST TENANT OR TENANT AGAINST LANDLORD ON ANY MATTER
WHATSOEVER ARISING OUT OF, OR IN ANY WAY CONNECTED WITH, THIS LEASE, THE RELATIONSHIP OF LANDLORD
AND TENANT, TENANT’S USE OR OCCUPANCY OF THE PREMISES, OR ANY CLAIM OF INJURY OR DAMAGE, OR THE
ENFORCEMENT OF ANY REMEDY UNDER ANY LAW, STATUTE, OR REGULATION, EMERGENCY OR OTHERWISE, NOW OR
HEREAFTER IN EFFECT.

LANDLORD AND TENANT ACKNOWLEDGE THAT THEY HAVE CAREFULLY READ AND REVIEWED THIS LEASE AND EACH TERM
AND PROVISION CONTAINED HEREIN AND, BY EXECUTION OF THIS LEASE, SHOW THEIR INFORMED AND VOLUNTARY
CONSENT THERETO. THE PARTIES HEREBY AGREE THAT, AT THE TIME THIS LEASE IS EXECUTED, THE TERMS OF
THIS LEASE ARE COMMERCIALLY REASONABLE AND EFFECTUATE THE INTENT AND PURPOSE OF LANDLORD AND TENANT
WITH RESPECT TO THE PREMISES. TENANT ACKNOWLEDGES THAT IT HAS BEEN GIVEN THE OPPORTUNITY TO HAVE
THIS LEASE REVIEWED BY ITS LEGAL COUNSEL PRIOR TO ITS EXECUTION. PREPARATION OF THIS LEASE BY
LANDLORD OR LANDLORD’S AGENT AND SUBMISSION OF SAME TO TENANT SHALL NOT BE DEEMED AN OFFER BY
LANDLORD TO LEASE THE PREMISES TO TENANT OR THE GRANT OF AN OPTION TO TENANT TO LEASE THE PREMISES.
THIS LEASE SHALL BECOME BINDING UPON LANDLORD AND TENANT ONLY WHEN FULLY EXECUTED BY BOTH PARTIES
AND WHEN LANDLORD HAS DELIVERED A FULLY EXECUTED ORIGINAL OF THIS LEASE TO TENANT.

34. OPTIONS TO RENEW.

A. Provided no default exists and Tenant is occupying the entire Premises at the time of such
election, Tenant may renew this Lease for one (1) additional period of five (5) years (the “First
Extension Term”) on the same terms provided in this Lease (except as set forth below), by
delivering written notice (the “First Renewal Notice”) of the exercise thereof to Landlord at least
nine (9) months prior to the expiration date of this Lease. Upon Tenant’s timely notice of the
exercise of the option to renew, the Lease shall be extended on the same terms provided in this
Lease, except as follows:

(a) The Rent payable during such First Extension Term shall be the prevailing rental rate for
new tenants, as determined by Landlord in its commercially reasonable discretion (and with
Landlord’s delivery, if requested by Tenant, of the basis for such determination), for buildings
comparable to the Building, at the commencement of such First Extension Term, for space of
equivalent quality, size, utility and location, with the length of the First Extension Term and the
credit standing of Tenant to be taken into account; and

(b) Landlord shall lease to Tenant the Premises in their then current condition, and Landlord
shall not provide to Tenant any allowances (e.g., moving allowance, construction allowance, tenant
improvements allowance and the like) or other tenant inducements.

Landlord shall deliver written notice (the “Landlord Notice”) to Tenant, within thirty
(30) days after Landlord’s receipt of a timely First Renewal Notice, which sets forth the Rent
determined by Landlord to be payable during the First Extension Term after consideration of the
factors set forth under clause (a) and (b) above. Tenant shall have the right, within ten (10)
days following the date of the Landlord Notice, to deliver written notice (the “First
Revocation Notice”) to Landlord that Tenant elects to revoke its exercise of the renewal
option. If Tenant delivers a First Revocation Notice, Tenant shall have no further right to extend
the term of this Lease and this Lease shall terminate upon the expiration of the initial term
hereof. If Tenant timely delivers a First Renewal Notice but fails to timely deliver a First
Revocation Notice, this Lease shall be extended on the terms set forth above and at the Rent
specified in the Landlord Notice.

Tenant’s right to extend the term of this Lease shall terminate if (i) this Lease or Tenant’s
right to possession of the Premises is terminated, (ii) Tenant, at any time during the Lease Term,
assigns any of its interest in this Lease or sublets any portion of the Premises other than as
permitted under the terms of Section 12.6 hereof, (iii) Tenant delivers a First Revocation Notice,
or (iv) Tenant fails to timely exercise its option under this Section 34A., time being of the
essence with respect to Tenant’s exercise thereof.

B. Provided no default exists and Tenant is occupying the entire Premises at the time of such
election, Tenant may renew this Lease for a second additional period of five (5) years (the “Second
Extension Term”) on the same terms provided in this Lease (except as set forth below), by
delivering written notice (the “Second Renewal Notice”) of the exercise thereof to Landlord at
least nine (9) months prior to the expiration date of the First Extension Term. Upon Tenant’s
timely notice of the exercise of the option to renew, the Lease shall be extended on the same terms
provided in this Lease, except as follows:

(a) The Rent payable during such Second Extension Term shall be the prevailing rental rate for
new tenants, as determined by Landlord in its commercially reasonable discretion (and with
Landlord’s delivery, if requested by Tenant, of the basis for such determination), for buildings
comparable to the Building, at the commencement of such Second Extension Term, for space of
equivalent quality, size, utility and location, with the length of the Second Extension Term and
the credit standing of Tenant to be taken into account;

(b) Tenant shall have no further renewal options unless hereafter expressly granted by
Landlord in writing; and

(c) Landlord shall lease to Tenant the Premises in their then current condition, and Landlord
shall not provide to Tenant any allowances (e.g., moving allowance, construction allowance, tenant
improvements allowance and the like) or other tenant inducements.

Landlord shall deliver written notice (the “Landlord Notice”) to Tenant, within thirty
(30) days after Landlord’s receipt of a timely Second Renewal Notice, which sets forth the Rent
determined by Landlord to be payable during the Second Extension Term after consideration of the
factors set forth under clause (a) and (c) above. Tenant shall have the right, within ten (10)
days following the date of the Landlord Notice, to deliver written notice (the “Second
Revocation Notice”) to Landlord that Tenant elects to revoke its exercise of the renewal
option. If Tenant delivers a Second Revocation Notice, Tenant shall have no further right to
extend the term of this Lease and this Lease shall terminate upon the expiration of the initial
term hereof. If Tenant timely delivers a Second Renewal Notice but fails to timely deliver a
Second Revocation Notice, this Lease shall be extended on the terms set forth above and at the Rent
specified in the Landlord Notice.

Tenant’s right to extend the term of this Lease shall terminate if (i) this Lease or Tenant’s
right to possession of the Premises is terminated, (ii) Tenant, at any time during the Lease Term,
assigns any of its interest in this Lease or sublets any portion of the Premises other than as
permitted under the terms of Section 12.6 hereof, (iii) Tenant delivers a Second Revocation Notice,
or (iv) Tenant fails to timely exercise its option under this Section 34B., time being of the
essence with respect to Tenant’s exercise thereof.

[SIGNATURE PAGE FOLLOWS]

1

	 	 	 
	WITNESSES:
	 	LANDLORD:

	     

Print Name:

Print Name:
	 	

FROST REAL ESTATE HOLDINGS, LLC

a Florida limited liability company

By:/s/ Steven D. Rubin

Name:Steven D. Rubin

Title:Vice President

	Print Name:
	 	TENANT:

	Print Name:
	 	INVESTACORP GROUP INC,

a Florida corporation

By:/s/ Patrick Farrell

Name:Patrick Farrell

Title:President

exhibit a

premises

floor plan

exhibit B

rules and regulations

GENERAL RULES

Tenant shall faithfully observe and comply with the following Rules and Regulations.

1. Tenant shall not alter any locks or install any new or additional locks or bolts on any doors or
windows of the Premises without obtaining Landlord’s prior written consent. Tenant shall bear the
cost of any lock changes or repairs required by Tenant. Keys required by Tenant must be obtained
from Landlord at a reasonable cost to be established by Landlord.

2. All doors opening to public corridors shall be kept closed at all times except for normal
ingress and egress to the Premises. Tenant shall assume any and all responsibility for protecting
the Premises from theft, robbery and pilferage, which includes keeping doors locked and other means
of entry to the Premises closed.

3. Landlord reserves the right to close and keep locked all entrance and exit doors of the Project
except during the Project’s normal hours of business as defined in Section 11.2 of the Lease.
Tenant, its employees and agents must be sure that the doors to the Project are securely closed and
locked when leaving the Premises if it is after the normal hours of business of the Project.
Tenant, its employees, agents or any other persons entering or leaving the Project at any time when
it is so locked, or any time when it is considered to be after normal business hours for the
Project, may be required to sign the Project register. Access to the Project may be refused unless
the person seeking access has proper identification or has a previously received authorization for
access to the Project. Landlord and its agents shall in no case be liable for damages for any
error with regard to the admission to or exclusion from the Project of any person. In case of
invasion, mob, riot, public excitement, or other commotion, Landlord reserves the right to prevent
access to the Project during the continuance thereof by any means it deems appropriate for the
safety and protection of life and property.

4. No furniture, freight or equipment of any kind shall be brought into the Project without
Landlord’s prior authorization. All moving activity into or out of the Project shall be scheduled
with Landlord and done only at such time and in such manner as Landlord designates. Landlord shall
have the right to prescribe the weight, size and position of all safes and other heavy property
brought into the Project and also the times and manner of moving the same in and out of the
Project. Safes and other heavy objects shall, if considered necessary by Landlord, stand on
supports of such thickness as is necessary to properly distribute the weight, and Tenant shall be
solely responsible for the cost of installing all supports. Landlord will not be responsible for
loss of or damage to any such safe or property in any case. Any damage to any part of the Project,
its contents, occupants or visitors by moving or maintaining any such safe or other property shall
be the sole responsibility and expense of Tenant.

5. The requirements of Tenant will be attended to only upon application at the management office
for the Project or at such office location designated by Landlord. Tenant shall not ask employees
of Landlord to do anything outside their regular duties without special authorization from
Landlord.

6. Tenant shall not disturb, solicit, or canvass any occupant of the Project and shall cooperate
with Landlord and its agents to prevent the same. Tenant, its employees and agents shall not
loiter in or on the entrances, corridors, sidewalks, lobbies, halls, stairways, elevators, or any
Common Areas for the purpose of smoking tobacco products or for any other purpose, nor in any way
obstruct such areas, and shall use them only as a means of ingress and egress for the Premises.
Smoking shall not be permitted in the Common Areas.

7. The toilet rooms, urinals and wash bowls shall not be used for any purpose other than that for
which they were constructed, and no foreign substance of any kind whatsoever shall be thrown
therein. The expense of any breakage, stoppage or damage resulting from the violation of this rule
shall be borne by the tenant who, or whose employees or agents, shall have caused it.

8. Except for vending machines intended for the sole use of Tenant’s employees and invitees, no
vending machine or machines other than fractional horsepower office machines shall be installed,
maintained or operated upon the Premises without the written consent of Landlord.

9. Tenant shall not use or keep in or on the Premises or the Project any kerosene, gasoline or
other inflammable or combustible fluid or material. Tenant shall not bring into or keep within the
Premises or the Project any animals, birds, bicycles or other vehicles.

10. Tenant shall not use, keep or permit to be used or kept, any foul or noxious gas or substance
in or on the Premises, or permit or allow the Premises to be occupied or used in a manner offensive
or objectionable to Landlord or other occupants of the Project by reason of noise, odors, or
vibrations, or to otherwise interfere in any way with the use of the Project by other tenants.

11. No cooking shall be done or permitted on the Premises, nor shall the Premises be used for the
storage of merchandise, for loading or for any improper, objectionable or immoral purposes.
Notwithstanding the foregoing, Underwriters’ Laboratory approved equipment and microwave ovens may
be used in the Premises for heating food and brewing coffee, tea, hot chocolate and similar
beverages for employees and visitors of Tenant, provided that such use is in accordance with all
applicable federal, state and city laws, codes, ordinances, rules and regulations; and provided
further that such cooking does not result in odors escaping from the Premises.

12. Landlord shall have the right to approve where and how telephone wires are to be introduced to
the Premises. No boring or cutting for wires shall be allowed without the consent of Landlord.
The location of telephone call boxes and other office equipment affixed to the Premises shall be
subject to the approval of Landlord. Tenant shall not mark, drive nails or screws, or drill into
the partitions, woodwork or plaster contained in the Premises or in any way deface the Premises or
any part thereof without Landlord’s prior written consent. Tenant shall not install any radio or
television antenna, satellite dish, loudspeaker or other device on the roof or exterior walls of
the Project. Tenant shall not interfere with broadcasting or reception from or in the Project or
elsewhere.

13. Landlord reserves the right to exclude or expel from the Project any person who, in the
judgment of Landlord, is intoxicated or under the influence of liquor or drugs, or who shall in any
manner do any act in violation of any of these Rules and Regulations.

14. Tenant shall not waste electricity, water or air conditioning and agrees to cooperate fully
with Landlord to ensure the most effective operation of the Project’s heating and air conditioning
system, and shall refrain from attempting to adjust any controls. Tenant shall not without the
prior written consent of Landlord use any method of heating or air conditioning other than that
supplied by Landlord.

15. Tenant shall store all its trash and garbage within the interior of the Premises. No material
shall be placed in the trash boxes or receptacles if such material is of such nature that it may
not be disposed of in the ordinary and customary manner of removing and disposing of trash in the
vicinity of the Project without violation of any law or ordinance governing such disposal. All
trash, garbage and refuse disposal shall be made only through entry-ways and elevators provided for
such purposes at such times as Landlord shall designate.

16. Tenant shall comply with all safety, fire protection and evacuation procedures and regulations
established by Landlord or any governmental agency.

17. No awnings or other projection shall be attached to the outside walls or windows of the Project
by Tenant. No curtains, blinds, shades or screens shall be attached to or hung in any window or
door of the Premises without the prior written consent of Landlord. All electrical ceiling
fixtures hung in the Premises must be fluorescent and/or of a quality, type, design and bulb color
approved by Landlord. Tenant shall abide by Landlord’s regulations concerning the opening and
closing of window coverings which are attached to the windows in the Premises. The skylights,
windows, and doors that reflect or admit light and air into the halls, passageways or other public
places in the Project shall not be covered or obstructed by Tenant, nor shall any bottles, parcels
or other articles be placed on the windowsills.

18. Tenant shall not employ any person or persons other than the janitor of Landlord for the
purpose of cleaning the Premises unless otherwise agreed to in writing by Landlord. Except with
the prior written consent of Landlord, no person or persons other than those approved by Landlord
shall be permitted to enter the Project for the purpose of cleaning same. Landlord shall in no way
be responsible to Tenant for any loss of property on the Premises, however occurring, or for any
damage done to the effects of Tenant or any of its employees or other persons by the janitor of
Landlord. Janitor service shall include ordinary dusting and cleaning by the janitor assigned to
such work and shall not include cleaning of carpets or rugs, except normal vacuuming, or moving of
furniture and other special services. Window cleaning shall be done only by Landlord at reasonable
intervals and as Landlord deems necessary.

PARKING RULES

1. Parking areas shall be used only for parking by vehicles no longer than full size, passenger
automobiles herein called “Permitted Size Vehicles”.

2. Tenant shall not permit or allow any vehicles that belong to or are controlled by Tenant or
Tenant’s employees, suppliers, shippers, customers, or invitees to be loaded, unloaded, or parked
in areas other than those designated by Landlord for such activities. Users of the parking area
will obey all posted signs and park only in the areas designated for vehicle parking.

3. Parking stickers or identification devices shall be the property of Landlord and shall be
returned to Landlord by the holder thereof upon termination of the holder’s parking privileges.
Tenant will pay such replacement charges as is reasonably established by Landlord for the loss of
such devices. Loss or theft of parking identification stickers or devices from automobiles must be
reported to the parking operator immediately. Any parking identification stickers or devices
reported lost or stolen found on any unauthorized car will be confiscated and the illegal holder
will be subject to prosecution.

4. Landlord reserves the right to relocate all or a part of parking spaces from floor to floor,
within one floor, and/or to reasonably adjacent off site locations(s), and to allocate them between
compact and standard size and tandem spaces, as long as the same complies with applicable laws,
ordinances and regulations.

5. Unless otherwise instructed, every person using the parking area is required to park and lock
his own vehicle. Landlord will not be responsible for any damage to vehicles, injury to persons or
loss of property, all of which risks are assumed by the party using the parking area.

6. Validation of visitor parking, if established, will be permissible only by such method or
methods as Landlord may establish at rates determined by Landlord, in Landlord’s sole discretion.

7. The maintenance, washing, waxing or cleaning of vehicles in the parking structure or Common
Areas is prohibited.

8. Tenant shall be responsible for seeing that all of its employees, agents and invitees comply
with the applicable parking rules, regulations, laws and agreements. Garage managers or attendants
are not authorized to make or allow any exceptions to these Parking Rules and Regulations. Landlord
reserves the right to terminate parking rights for any person or entity that willfully refuses to
comply with these rules and regulations.

9. Every driver is required to park his own car. Where there are tandem spaces, the first car
shall pull all the way to the front of the space leaving room for a second car to park behind the
first car. The driver parking behind the first car must leave his key with the parking attendant.
Failure to do so shall subject the driver of the second car to a Fifty Dollar ($50.00) fine.
Refusal of the driver to leave his key when parking in a tandem space shall be cause for
termination of the right to park in the parking facilities. The parking operator, or his employees
or agents, shall be authorized to move cars that are parked in tandem should it be necessary for
the operation of the garage. Tenant agrees that all responsibility for damage to cars or the theft
of or from cars is assumed by the driver, and further agrees that Tenant will hold Landlord
harmless for any such damages or theft.

10. No vehicles shall be parked in the parking garage overnight. The parking garage shall only be
used for daily parking and no vehicle or other property shall be stored in a parking space.

Landlord reserves the right at any time to change or rescind any one or more of these Rules
and Regulations, or to make such other and further reasonable Rules and Regulations as in
Landlord’s judgment may from time to time be necessary for the management, safety, care and
cleanliness of the Project, and for the preservation of good order therein, as well as for the
convenience of other occupants and tenants therein. Landlord may waive any one or more of these
Rules and Regulations for the benefit of any particular tenant, but no such waiver by Landlord
shall be construed as a waiver of such Rules and Regulations in favor of any other tenant, nor
prevent Landlord from thereafter enforcing any such Rules or Regulations against any or all tenants
of the Project. Tenant shall be deemed to have read these Rules and Regulations and to have agreed
to abide by them as a condition of its occupancy of the Premises.

2

SCHEDULE 1

Frost Real Estate Holdings LLC / 4400 Biscayne Boulevard Miami Fl, 33137

=================================================================================

JANITORIAL SERVICES

Cleaning Specifications

1. OFFICE AREAS

Daily

	1.	 	Vacuum Empty all trash receptacles, replace liners as necessary and wipe off any spills to
interior or exterior of receptacle all areas of carpet

	2.	 	Spot clean in all traffic areas, removing staples and other debris.

	3.	 	Sweep and damp mop all tile floors and remove all markings.

	4.	 	Dust exposed surfaces of desks, tables, office furniture, filing cabinets, pictures, clocks,
partition tops and other flat surfaces.

	5.	 	Spot clean partition glass, door glass, and mirrors. Remove all fingerprints and smudges
from entry doors, walls, light switch covers, electrical outlet cover plates and doorknob
handles.

	6.	 	Dust windows sills and ledges.

	7.	 	Properly position furniture, books and magazines in reception areas.

	8.	 	Empty large recycling bins from offices into separate container to be disposed of into
recycling dumpsters.

	9.	 	Clean drinking fountains.

	10.	 	Clean and wash all kitchen and lunchroom table tops, counters, sinks & stove surfaces (report
any insect problems).

	11.	 	Take all dishes from conference rooms and place in kitchen area.

	12.	 	Report safety Hazards, burned-out lights, water leaks and any insect problems

Weekly

	1.	 	Spot clean walls around light switches, doors, and door frames.

	2.	 	Damp wipe all interior doors dust all lower parts of furniture.

	3.	 	Dust all ledges, baseboards and sills.

	4.	 	Clean exposed areas of kitchen counters and wet bar areas.

Monthly

	1.	 	Completely clean all partitions and doors, door jambs, door floor plates, glass and mirrors
from floor to ceiling.

	2.	 	Dust and clean all vents, grills, light fixtures and covers.

	3.	 	Dust all ledges, wall moldings, shelves, etc. over seven feet.

	4.	 	Clean and apply floor dressing to all composition, hardwood and parquet floors.

	5.	 	Scrub all tile floors.

	 	 	 
	Quarterly:

Annually:

	 	Dust clean or vacuum blinds.

At Tenant’s request, clean the carpet within the Premises.
	RESTROOMS

	 	

	 

	 	

	Daily

	 	

	1.	 	Clean sinks, urinals, and toilets.

	2.	 	Clean mirrors, bright metal work, and stainless steel.

	3.	 	Damp wipe all chrome, metal fixtures, hand plates, kick plates, utility covers, plumbing,
clean-out covers, and door knobs.

	4.	 	Empty and clean trash and sanitary napkin receptacles, replacing liners as necessary.

	5.	 	Clean underside rims of urinals and toilet bowls.

	6.	 	Wash both sides of toilet seats with soap and water.

	7.	 	Re-stock all supplies (toilet paper, hand towels, seat covers, sanitary bags, hand soap).

	8.	 	Sweep and wet mop floors, paying particular attention to areas under urinals and toilet
bowls.

	9.	 	Damp clean stall partitions, doors and tile walls (report any graffiti and remove if
possible).

	10.	 	Vacuum and spot clean all carpet areas.

	11.	 	Dust ledges and base boards.

	12.	 	Dust and clean restroom signage and doors.

	13.	 	Report all burned out lights, leaking faucets, running plumbing, or other maintenance needs.

Monthly

	1.	 	Wipe clean all ceilings, lights and fixtures.

	2.	 	Clean tile floors.

	3.	 	Dust and clean all grills and vents.

	4.	 	Detail all toilet compartments and fixtures.

3EX-10.7

EXHIBIT 10.7

*Certain portions of this exhibit have been omitted pursuant to a request for confidential

treatment which has been filed separately with the SEC.

EXCLUSIVE DISTRIBUTION AGREEMENT

This Exclusive Distribution Agreement (the “Agreement”) is made as of this 1st day of
July, 2010 (the “Effective Date”), between Cumberland Pharmaceuticals, Inc., a Tennessee
corporation, with an address of 2525 West End Avenue, Suite 950, Nashville, Tennessee 37203
(“Client”), and Cardinal Health 105, Inc., an Ohio corporation, with a place of business at 15
Ingram Boulevard, Suite 100, LaVergne, Tennessee, 37086 (“Cardinal Health”) each individually a
(“Party”) and collectively (the “Parties”).

RECITALS

A. Client is, among other things, in the business of developing and marketing
pharmaceutical products in the United States and its territories, possessions and commonwealths
including the District of Columbia and Puerto Rico and such other countries as mutually agreed upon
by the Parties from time to time (“Territory”).

B. Cardinal Health is, among other things, in the business of distributing pharmaceutical
products to wholesalers, specialty distributors, physicians, clinics, hospitals, pharmacies, and
other health care providers in the Territory, and of providing information systems and other
services that support its clients’ use of its distribution capabilities.

C. Client desires to engage Cardinal Health as its exclusive distribution agent and as an
authorized distributor of record for commercial sales of Acetadote®, Caldolor® and Kristalose® in
all formulations (collectively, “Product”), and such other pharmaceutical products agreed to by the
Parties in the Territory and to perform certain other services described in this Agreement, all
upon the terms and conditions set forth in this Agreement.

THEREFORE, in consideration of the mutual covenants, terms and conditions set forth below, the
Parties agree as follows:

ARTICLE 1

APPOINTMENT/AUTHORIZATION

1.1 Appointment. Subject to the terms and conditions set forth in this Agreement,
during the term of this Agreement, Client appoints Cardinal Health as its exclusive distribution
agent and as an authorized distributor of record of Product in the Territory to Client’s customers,
including, but not limited to, wholesalers, specialty distributors, physicians, clinics, hospitals,
pharmacies and other health care providers in the Territory (collectively, “Customers”).

1.2 Acceptance of Appointment. Subject to the terms and conditions set forth in this
Agreement, Cardinal Health accepts the appointment to represent Client as its exclusive
distribution agent and as an authorized distributor of record of Product to Customers in the
Territory.

1.3 Future Opportunities.

Right of First Negotiation. Client shall provide Cardinal Health with a right of
first negotiation with respect to the distribution of new pharmaceutical products acquired or
promoted by Client in the Territory after the Effective Date. Client shall promptly notify
Cardinal Health of any such new product which will be available for distribution and shall provide
Cardinal Health an exclusive right of negotiation with respect to the distribution of such new
product for a period of sixty (60) days after Client’s notice to Cardinal Health. If the Parties
have not reached an agreement with respect to the distribution of the new product within sixty (60)
days from the date of Client’s notice, and entered into a definitive agreement within sixty (60)
days thereafter, or if Cardinal Health notifies Client in writing at any point during such
negotiation period that it is not interested or is unable to distribute such new product, then
Client shall have no further obligation with respect to that new product under this Article 1.3A.

ARTICLE 2

SERVICES

2.1 Services. Cardinal Health shall provide the services set forth in the Operating
Guidelines, which include, without limitation, storage, distribution, returns, customer support,
financial support, EDI and system access support (“Services”). A copy of the Operating Guidelines
is attached hereto as Exhibit A and incorporated by reference.

2.2 Operating Guidelines. The Operating Guidelines may be amended from time to time upon
the mutual written agreement of both Parties; provided, however, that any change, modification or
amendment to the Operating Guidelines may result in a mutually acceptable adjustment in the Fees
(as defined in Article 5). In the event of a conflict between the provisions contained in this
Agreement and the Operating Guidelines, the terms of this Agreement shall prevail.

2.3 Compliance to Operating Guidelines. Cardinal Health’s Services shall comply with the
Operating Guidelines. If (i) Client’s shipments of the Product to Cardinal Health exceed Client’s
Forecast (as defined in Section 3.3) by more than twenty-five percent (25%), then Cardinal Health
shall use commercially reasonable efforts to meet the requirements of the Operating Guidelines with
respect to such excess shipments or orders, provided, however, that Client acknowledges
that Cardinal Health may not be able to meet all guidelines relating to response and shipping times
with respect to such excess shipments or orders.

2.4 Product Returns. All Product returns shall be processed and handled by Cardinal Health
in accordance with the Operating Guidelines; and any customization or additional non-routine return
services requested by Client shall be performed at an additional fee as agreed in advance and in
writing by the Parties.

2.5 Product Recalls. Client is solely responsible for all Product recalls. In the event
Product is subject to recall, or Client, on its own initiative, recalls any Product, Cardinal
Health shall provide assistance to Client as set forth in the Operating Guidelines, provided that
Client shall pay to Cardinal Health an amount equal to Cardinal Health’s actual costs incurred with
any such recall services. Such cost shall be in addition to the Fees described in Article 5 below.

ARTICLE 3

PRODUCT SUPPLY/CLIENT RESPONSIBILITIES

3.1 Facility. Client shall deliver Product to Cardinal Health at Cardinal Health’s
facility located at 15 Ingram Boulevard, Suite 100, LaVergne, TN 37086, or to such other
distribution facility as may be designated by Cardinal Health to Client in writing (“Facility”) and
agreed upon by Client.

3.2 Delivery and Title. Client shall be responsible for delivery of Product to the
Facility, including all costs, expenses and risk of loss associated with such delivery. Title to
Product shall remain with Client at all times, even when Product is stored or warehoused at the
Facility. Client shall at all times insure the Product for damage, loss, destruction, theft or any
such other property damage (“Loss”) as further set forth in Article 13 below. Except for Loss
resulting solely from the gross negligence or willful misconduct of Cardinal Health for which
Cardinal Health shall maintain appropriate levels of insurance, Client shall bear all risk of loss
or damage with respect to the Product stored or warehoused at the Facility.

3.3 Forecast and Price List.

A. Forecast. Client shall provide Cardinal Health with a forecast of the volume of
Product to be handled by Cardinal Health under this Agreement, not less often than semi-annually
(“Forecast”). The Forecast is used for the express purpose of operational planning. In the event
of a significant variance from the Forecast or a change in core business that could reasonably be
expected to have an adverse material effect upon the benefits to or obligations of either Party
hereunder, the Party so affected may notify the other Party that it wishes to negotiate an
appropriate adjustment to the Fees. The Parties must meet within thirty (30) days of such
notification to discuss the merits and implementation of any such adjustment. During such meeting
and for a period of thirty (30) days thereafter, the Parties shall negotiate in good faith. If the
Parties are unable to come to a resolution regarding any such adjustment, the Party originally
proposing the adjustment may terminate this Agreement upon thirty (30) days’ notice in accordance
with Article 6 of this Agreement.

B. Price List. Upon execution of this Agreement, Client shall deliver to Cardinal
Health a customer list, which sets forth the Product prices (the “Customer Price List”). Client
shall notify Cardinal Health of any change in the Customer Price List not less than seventy-two
(72) hours prior to the effective date of any such change. Cardinal Health shall use commercially
reasonable efforts to implement such price change in accordance with Client’s instruction.

3.4 Shipment Inspection. Cardinal Health shall visually inspect each shipment of Product
for external damage or loss in transit and notify Client of any such damage or loss within a
commercially reasonable period of time following discovery.

ARTICLE 4

INFORMATION SYSTEM ACCESS

4.1 Access. During the term of this Agreement and subject to the terms herein, Client
may use password(s) and identification number(s) provided by Cardinal Health to remotely access
Client’s data maintained on Cardinal Health’s web enabled Operating System Base and certain support
services associated therewith, as further set forth in the Operating Guidelines (collectively, the
“System”) provided that such access is used solely by Client’s employees and for Client’s own
internal business purposes. Client shall use that access solely to access Client’s data and shall
not access or attempt to access any other data, systems or software. Client shall be responsible
for all use of the passwords and identification elements and shall ensure that they are used solely
to effect the limited access authorized herein. The limited license to access the System granted
herein does not include the right to copy, download or otherwise use any software or non-Client
data maintained on the System.

4.2 Fees. The System shall be made available to Client at the fees set forth in the Fee
Schedule. If Cardinal Health agrees to perform any custom enhancements to the System requested in
writing by Client, such customization services shall be billed separately based on an hourly rate
set forth in the Fee Schedule (as defined in Article 5) and prior to such performance, Cardinal
Health shall notify Client in writing of any related increase in the periodic fees hereunder
relative to the ongoing support of the customizations.

4.3 Security. During the term of this Agreement, Cardinal Health shall employ reasonable
security measures and policies designed to safeguard the integrity, accessibility, and
confidentiality of Client’s data resident on the System and establish and maintain reasonable
disaster and emergency recovery plans designed to minimize disruption from System operation
interruptions.

4.4 Client Obligations. Client shall not reverse engineer, reverse assemble, decompile,
create derivative works, modify, or otherwise attempt to derive the source code of any software on
the System or copy, download, modify, or create derivative works of such software. Also, Client
shall not permit access to the System or related documentation to any other person or entity. The
System and all parts thereof, in all of their tangible and intangible manifestations, all existing
or new enhancements, developments, derivative works, and other modifications to the System (or any
part thereof), and all related proprietary rights, are and shall remain the exclusive property of
Cardinal Health.

4.5 Disclaimer. THE SYSTEM, THE SOFTWARE THEREON AND ANY RESULTS OBTAINED THEREFROM ARE
PROVIDED ON AN “AS IS” BASIS, WITHOUT WARRANTY OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY OR
OTHERWISE. CARDINAL HEALTH MAKES NO REPRESENTATIONS OR WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS
ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, RELATING DIRECTLY OR INDIRECTLY TO THE
SYSTEM OR ANY PART THEREOF INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY,
NONINFRINGEMENT AND FITNESS FOR A PARTICULAR PURPOSE.

4.6 System Availability. Cardinal Health shall use reasonable efforts to make the System
available for access twenty-four (24) hours a day, seven (7) days a week absent scheduled and
emergency maintenance periods.

4.7 Suspension of Access. Notwithstanding anything to the contrary, in the event of a
breach or a threatened breach of any term in this Article 4 or breach of the security of the System
by Client or the unauthorized disclosure of any information relative to the System by Client,
Cardinal Health may revoke or suspend any or all passwords and identification numbers provided to
Client hereunder. Upon written request and as mutually agreed upon, Cardinal Health shall provide
Client’s data to Client during such period of revocation or suspension within three (3) business
days. 

ARTICLE 5

PRICING AND PAYMENT TERMS

5.1 Fees. As compensation for the Services, Client shall pay to Cardinal Health the
fees (“Fees”) set forth on Exhibit B (“Fee Schedule”).

5.2 Invoices. Cardinal Health shall issue an invoice to Client for the Services rendered
under this Agreement or for any other amounts due on a monthly basis. Payment is due within [***]
days of the invoice date. If the invoice is not paid within [***] days of the invoice date,
Cardinal Health may, at its option elect to (i) impose a service charge on the unpaid amount
calculated at the rate of 1.5% per month (or the maximum rate permitted by law if such rate is less
than 1.5% per month) until such amount is paid in full and/or (ii) suspend any further Services
until such invoice is paid in full.

5.3 Fee Adjustment.

A. The Fees shall be held firm for the first Contract Year (as defined herein). Thereafter,
Cardinal Health may evaluate and adjust the price not more often than once per contract year by the
greater of (i) the increase in the Producer Price Index — All Commodities (“PPI”) published by the
United States Department of Labor, Bureau of Statistics, as amended from time to time, and (ii)
five percent (5%). Cardinal Health shall provide written notice of any such annual adjustment
along with relevant supporting documentation for such adjustment and a calculation thereof. For
purposes of determining the increase in the PPI, the base point shall be the index level on the
first day of the contract year. For purposes hereof, “Contract Year” means the period from the
Effective Date until the first anniversary thereof and each annual period thereafter, beginning on
the day after the anniversary of the Effective Date and ending on the following anniversary of the
Effective Date.

B. Notwithstanding the terms set forth above in Article 5.3A, if Cardinal Health can
reasonably demonstrate that the costs for providing the Services have increased at least fifteen
percent (15%) over previous year’s costs (“Material Increase” or “Materially Increased”) or are
likely to Materially Increase in the coming year due to the adoption of any applicable law or
regulation (or any material change in the interpretation or administration thereof), or due to
unforeseen circumstances beyond Cardinal Health’s reasonable control then upon notice from Cardinal
Health, the Parties agree to meet in good faith and negotiate a mutually acceptable adjustment to
the Fees. Similarly, if Client can reasonably demonstrate that due to a decrease in the level of
service that is required by Client, the costs for providing the Services should have Materially
Decreased, or are likely to Materially Decrease in the coming year, then upon notice from Client,
the Parties agree to meet in good faith and negotiate a mutually acceptable downward adjustment to
the Fees. If the Parties cannot agree on a mutually acceptable Fee adjustment, either Party may
terminate this Agreement in accordance with Section 6.2 of the Agreement.

5.4 Taxes. Client shall pay when due all sales, use, gross receipts, excise and personal
property taxes associated with the Product (excluding any personal property tax associated with
Cardinal Health’s equipment used in connection with the Services), and other taxes now or hereafter
imposed as a result of the transactions contemplated by this Agreement, none of which have been
included in the fees payable to Cardinal Health under this Agreement; provided that the amounts
payable by Client under this section shall not include taxes based on the net income of Cardinal
Health.

ARTICLE 6

TERM AND TERMINATION

6.1 Term. The initial term of this Agreement shall begin on the Effective Date and
shall continue for a period of three (3) years (“Initial Term”), unless terminated earlier pursuant
to this Agreement. Thereafter, this Agreement shall automatically renew for additional terms of one
(1) year each, unless written notice of termination is given by either Party at least ninety (90)
days prior to the end of the Initial Term, or such other term, in which case this Agreement shall
terminate at the end of the then current term.

	6.2	 	Termination. Either Party shall have the right to terminate this Agreement upon one

hundred twenty (120) days prior written notice to the other Party, provided that in the event
Client terminates this Agreement, without cause or Cardinal Health terminates this Agreement for
cause, prior to the end of the Initial Term, such termination shall be effective only upon payment
to Cardinal Health of all remaining fixed Fees set forth on the Fee Schedule for the remainder of
the Initial Term.

6.3 Immediate Termination. Either Party shall have the right to immediately terminate this
Agreement if:

(A) the other Party files a petition in bankruptcy, or enters into an agreement with its
creditors, or applies for or consents to the appointment of a receiver or trustee, or makes an
assignment for the benefit of creditors, or suffers or permits the entry of any order adjudicating
it to be bankrupt or insolvent and such order is not discharged within thirty (30) days; or

(B) the other Party materially breaches any of the provisions of this Agreement, and such
breach is not cured within thirty (30) days after the giving of written notice; provided, however,
that in the case of a failure of Client to make payments in accordance with the terms of this
Agreement, Cardinal Health may terminate this Agreement if such payment breach is not cured within
ten (10) days of receipt of notice from Cardinal Health.

6.4 Effect of Termination. Expiration or termination of this Agreement shall be without
prejudice to any rights or obligations that accrued to the benefit of either Party prior to such
expiration or termination. Client shall pay Cardinal Health for all Services performed up to the
date of termination plus any applicable fixed Fees under Article 6.2, and shall reimburse Cardinal
Health for all costs and expenses incurred, and all non-cancelable commitments made, in the
performance of Services. Upon termination or expiration of this Agreement, all Product shall be
returned to Client or a designee of Client, at Client’s sole cost and expense.

ARTICLE 7

REGULATORY

7.1 Quality Audits. Client or its designee shall have the right no more than once per
calendar year, during normal hours (i.e., 8:00 a.m. to 5:00 p.m. local Facility time), to conduct a
complete quality audit upon thirty (30) business days prior written notice to Cardinal Health;
provided, however, that no notice shall be required if the audit pertains to recalls, product
safety or potential product safety.

7.2 Compliance with Laws. Each Party shall conduct its activities in connection with this
Agreement in compliance with all applicable laws, rules, regulations, and orders of governmental
entities.

ARTICLE 8

REPRESENTATIONS AND WARRANTIES

8.1 Cardinal Health. Cardinal Health represents and warrants to Client that, unless
otherwise agreed to by the Parties, Cardinal Health shall perform Services in accordance with this
Agreement, the Operating Guidelines, and applicable law within the Territory.

8.2 Client. Client represents and warrants to Cardinal Health that:

A. Product. The Product is and shall be manufactured in conformity with the Food,
Drug and Cosmetic Act, as amended from time to time, and all other applicable laws, rules,
regulations and orders of governmental entities relating to the manufacture, promotion, sale or
distribution of the Product;

B. No Infringement. It has all necessary authority and right, title and interest in
each Product or that is otherwise provided by Client under this Agreement;

C. Safe Handling Instructions. It has provided all safe handling instruction, health
and environmental information and material safety data sheets applicable to the Product or to any
materials supplied by Client in writing in sufficient time for review and training by Cardinal
Health prior to delivery; and

8.3 Mutual. Each Party represents and warrants to the other Party that:

A. Existence and Power. Such Party (i) is duly organized, validly existing and in
good standing under the laws of the state in which it is organized, (ii) has the power and
authority and the legal right to own and operate its property and assets, and to carry on its
business as it is now being conducted, and (iii) is in compliance with all requirements of
applicable laws, except to the extent that any noncompliance would not materially adversely affect
such Party’s ability to perform its obligations under the Agreement;

B. Authorization and Enforcement of Obligations. Such Party (i) has the power and
authority and the legal right to enter into this Agreement and to perform its obligations hereunder
and (ii) has taken all necessary action on its part to authorize the execution and delivery of this
Agreement and the performance of its obligations hereunder;

C. Execution and Delivery. This Agreement has been duly executed and delivered on
behalf of such Party, and constitutes a legal, valid, binding obligation, enforceable against such
Party in accordance with its terms;

D. No Consents. All necessary consents, approvals and authorizations of all
regulatory authorities and other persons required to be obtained by such Party in connection with
the Agreement have been obtained; and

E. No Conflict. The execution and delivery of this Agreement and the performance of
such Party’s obligations hereunder (i) do not conflict with or violate any requirement of
applicable laws; and (ii) do not materially conflict with, or constitute a material default or
require any consent under, any contractual obligation of such Party.

8.4 Limitations. THE REPRESENTATIONS AND WARRANTIES SET FORTH IN THIS ARTICLE 8 ARE THE
SOLE AND EXCLUSIVE REPRESENTATIONS AND WARRANTIES MADE BY EACH PARTY TO THE OTHER AND NEITHER PARTY
MAKES ANY OTHER REPRESENTATIONS, WARRANTIES OR GUARANTEES OF ANY KIND WHATSOEVER, INCLUDING WITHOUT
LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT OR FITNESS FOR A PARTICULAR
PURPOSE.

ARTICLE 9

TRADEMARKS

Neither Party shall have the right to use the name of the other Party or any Affiliate of the
other Party, or the other Party’s or such Affiliates’ trademarks, service marks, logos, or other
similar marks in any manner except with the prior written approval of that Party; provided that the
foregoing shall not prohibit Cardinal Health’s use of Client’s names or marks in connection with
the performance of the Services in a manner consistent with this Agreement. “Affiliate,” as used in
this Agreement, means any legal entity which, during the term hereof, controls, is controlled by,
or is under common control with, such Party. For purposes of this definition, an entity shall be
deemed to control another entity if it owns or controls, directly or indirectly, at least fifty
percent (50%) of the voting interest of all equity interests of the other entity (or other such
comparable ownership interest for an entity other than a corporation).

ARTICLE 10

CONFIDENTIALITY AND NON-USE

10.1 Mutual Obligation. Cardinal Health and Client agree that they shall not use the
other Party’s Confidential Information (defined below) except as necessary for the receiving Party
to perform its obligations under this Agreement or disclose the other Party’s Confidential
Information to any third Party without the prior written consent of the other Party except as
required by law, regulation or court or administrative order; provided, however, that prior to
making any such legally required disclosure, the Party making such disclosure shall give the other
Party as much prior notice of the requirement for and contents of such disclosure as is practicable
under the circumstances. Notwithstanding the foregoing, each Party may disclose the other Party’s
Confidential Information to any of its Affiliates that (A) need to know such Confidential
Information for the purpose of performing under this Agreement, (B) are advised of the contents of
this Article, and (C) agree to be bound by the terms of this Article.

10.2 Definition. As used in this Agreement, the term “Confidential Information” includes
all such information furnished by Cardinal Health or Client, or any of their respective
representatives or Affiliates, to the other or its representatives or Affiliates, whether furnished
before, on or after the date of this Agreement and furnished in any form, including but not limited
to written, verbal, visual, electronic or in any other media or manner. Confidential Information
includes all proprietary technologies, know-how, trade secrets, discoveries, inventions and any
other intellectual property (whether or not patented), analyses, compilations, business or
technical information and other materials prepared by either Party, or any of their respective
representatives, containing or based in whole or in part on any such information furnished by the
other Party or its representatives. Confidential Information also includes the existence of this
Agreement and its terms.

10.3 Exclusions. Notwithstanding Article 10.2, Confidential Information does not include
information that (A) is or becomes generally available to the public or within the industry to
which such information relates other than as a result of a breach of this Agreement, or (B) is
already known by the receiving Party at the time of disclosure as evidenced by the receiving
Party’s written records, or (C) becomes available to the receiving Party on a non-confidential
basis from a source that is entitled to disclose it on a non-confidential basis, or (D) was or is
independently developed by or for the receiving Party without reference to the Confidential
Information, as evidenced by the receiving Party’s written records.

10.4 No Implied License. The receiving Party shall obtain no right of any kind or license
under any patent application or patent by reason of this Agreement. All Confidential Information
shall remain the sole property of the Party disclosing such information or data.

10.5 Return of Confidential Information. Upon termination of this Agreement, the receiving
Party shall, upon request, promptly return within thirty (30) days all such information, including
any copies thereof, and cease its use or, at the request of the disclosing Party, shall promptly
destroy the same and certify such destruction to the disclosing Party; except for a single copy
thereof, which may be retained for the sole purpose of determining the scope of the obligations
incurred under this Agreement.

10.6 Survival. The obligations of this Article 10 shall terminate five (5) years from the
expiration of this Agreement.

ARTICLE 11

INDEMNIFICATION

11.1 Indemnification by Cardinal Health. Cardinal Health shall indemnify and hold
harmless Client, its Affiliates, and their respective directors, officers, employees and agents
(“Client Indemnitees”) from and against any and all suits, claims, losses, demands, liabilities,
damages, costs and expenses (including reasonable attorney’ fees) in connection with any suit,
demand or action by any third party (“Liabilities”) arising out of or resulting from (A) any breach
of its representations, warranties or obligations set forth in this Agreement or (B) any gross
negligence or willful misconduct by Cardinal Health, except to the extent that any of the foregoing
arises out of or results from any Client Indemnitee’s negligence, willful misconduct or breach of
this Agreement.

11.2 Indemnification by Client. Client shall indemnify and hold harmless Cardinal Health,
its Affiliates, and their respective directors, officers, employees and agents (“Cardinal Health
Indemnitees”) from and against all Liabilities arising out of or resulting from (A) any breach of
its representations, warranties or obligations set forth in this Agreement; (B) any manufacture,
sale, promotion, use of or exposure to the Product or any materials supplied by Client, including,
without limitation, product liability; (C) Client’s exercise of control over the Services to the
extent that Client’s instructions or directions violate applicable law; (D) any actual or alleged
infringement or violation of any patent, trade secret, copyright, trademark or other proprietary
rights concerning the Product or provided by Client; or (E) any gross negligence or willful
misconduct by Client, except to the extent that any of the foregoing arises out of or results from
any Cardinal Health Indemnitee’s negligence, willful misconduct or breach of this Agreement.

11.3 Indemnification Procedures. All indemnification obligations in this Agreement are
conditioned upon the Party seeking indemnification: (A) promptly notifying the indemnifying Party
of any claim or liability of which the Party seeking indemnification becomes aware (including a
copy of any related complaint, summons, notice or other instrument); provided, however, that
failure to provide such notice within a reasonable period of time shall not relieve the
indemnifying Party of any of its obligations hereunder except to the extent the indemnifying Party
is prejudiced by such failure; (B) reasonably cooperating with the indemnifying Party in the
defense of any such claim or liability (at the indemnifying Party’s expense); and (C) not
compromising or settling any claim or liability without prior written consent of the indemnifying
Party.

ARTICLE 12

LIMITATIONS OF LIABILITY

12.1 CARDINAL HEALTH’S TOTAL LIABILITY UNDER THIS AGREEMENT, WHETHER IN CONTRACT OR TORT,
INCLUDING, WITHOUT LIMITATION, ANY OF CARDINAL HEALTH’S INDEMNITY OR OTHER FINANCIAL OBLIGATIONS
UNDER ARTICLE 11, SHALL NOT EXCEED THE TOTAL FEES PAID BY CLIENT TO CARDINAL HEALTH FOR THE
SERVICES WHICH WERE INVOLVED IN CAUSING ANY CLAIMS, DAMAGES, LOSSES, COSTS OR EXPENSES.

12.2 NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY FOR INDIRECT, INCIDENTAL, SPECIAL OR
CONSEQUENTIAL DAMAGES ARISING OUT OF PERFORMANCE UNDER THIS AGREEMENT, INCLUDING WITHOUT
LIMITATION, LOSS OF REVENUES, PROFITS OR DATA, WHETHER IN CONTRACT OR TORT, EVEN IF SUCH PARTY HAS
BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

12.3 NOTWITHSTANDING ANYTHING TO THE CONTRARY HEREIN, THE LIMITATIONS IN THIS ARTICLE 12 SHALL NOT
LIMIT CLIENT’S LIABILITY OR RESPONSIBILITY RELATING TO A BREACH OF ITS OBLIGATIONS UNDER ARTICLE 4
HEREIN.

ARTICLE 13

INSURANCE

13.1 Insurance Policies. During the term of this Agreement, Client shall obtain and
maintain the following insurance with limits not less than those specified below:

A. Products Liability Insurance covering the Products included in this Agreement with a limit
of $10,000,000 per occurrence;

B. All-Risk Property Insurance, including transit coverage, in an amount equal to full
replacement value covering Client’s property while it is at the Facility or in transit to or from
the Facility. Client’s all-risk property insurance shall apply to all losses and be primary (with
respect both to any insurance issued to Cardinal Health and to any deductible amount or
self-insured amount retained by Cardinal Health) except for losses resulting solely from the gross
negligence or intentional misconduct of Cardinal Health.

In the event that any of the required policies of insurance are written on a claims made basis,
then such policies shall be maintained during the entire term of this Agreement and for a period of
not less than three (3) years following the termination or expiration of this Agreement.

13.2 Waiver. Client shall obtain a waiver from any insurance carrier with whom Client
carries Property Insurance releasing its subrogation rights against Cardinal Health except for
losses resulting solely from the gross negligence or intentional misconduct of Cardinal Health.
Client shall not seek reimbursement for any property claim, or portion thereof that is not fully
recovered from Client’s property insurance except for losses resulting solely from the gross
negligence or intentional misconduct of Cardinal Health.

13.3 Additional Insured Status. Cardinal Health, Inc., and its Affiliates shall be named
as additional insureds under the Products Liability insurance policies as respects the Products
outlined in this Agreement. Such insurance shall be primary (with respect both to any insurance
issued to Cardinal Health and to any self-insured amount retained by Cardinal Health) with regard
to Cardinal Health’s liability for damage arising out of those products, for which they have been
added as additional insureds. Such additional insurance status shall continue during the term and,
if the policies are written on a claims made basis, shall continue for not less than three (3)
years following termination or expiration of this Agreement.

13.4 Certificates. Client shall furnish certificates of insurance to Cardinal Health
evidencing the required insurance and additional insured status as soon as practicable after the
Effective Date and within thirty (30) days after renewal of such policies. Such certificates shall
state that Client’s insurers will endeavor to provide thirty (30) days written notice of any
cancellation prior to the policy(ies) expiration date(s). Each insurance policy that is required
under this Article shall be obtained from an insurance carrier with an A.M. Best rating of at least
B+.

ARTICLE 14

NOTICES

All notices and other communications hereunder shall be in writing and shall be deemed given:
(A) when delivered personally; (B) when delivered by facsimile transmission (receipt verified);
(C) when received or refused, if mailed by registered or certified mail (return receipt requested),
postage prepaid; or (D) when delivered if sent by express courier service, to the Parties at the
following addresses (or at such other address for a Party as shall be specified by like notice;
provided, that notices of a change of address shall be effective only upon receipt thereof):

1

	 	 	 	 	 	 	 
	     
	 	To Client:
	 	Cumberland Pharmaceuticals Inc.

Senior Vice President,

Administrative Services

2525 West End Ave, Suite 950

Nashville, TN 37203

Facsimile: 615-255-0094

	 	     

	 	 	 
	 	

	 	

	 	 	With a copy to:
	 	Martin S. Brown, Esquire

Adams & Reese

424 Church Street, Suite 2800

Nashville, TN 37219

Facsimile: 615-259-1470

	 	

	 	 	 
	 	

	 	

	 	 	To Cardinal Health:
	 	Cardinal Health 105, Inc.1

Specialty Pharmaceutical Services

15 Ingram Boulevard, Suite 100

LaVergne, TN 37086

Attn: Vice President of Sales

	 	

	 	 	 
	 	

	 	

	 	 	With a copy to:
	 	Cardinal Health, Inc.

7000 Cardinal Place

Dublin, Ohio 43017

Attn: Associate General Counsel

Facsimile: (614) 757-8919

	 	

ARTICLE 15

MISCELLANEOUS

15.1 Entire Agreement; Amendments. This Agreement, the attachments and any amendments
thereto constitute the entire understanding between the Parties and supersede any contracts,
agreements or understanding (oral or written) of the Parties with respect to the subject matter
hereof. No term of this Agreement may be amended except upon written agreement of both Parties,
unless otherwise provided in this Agreement.

15.2 Captions. The captions in this Agreement are for convenience only and are not to be
interpreted or construed as a substantive part of this Agreement.

15.3 Further Assurances. The Parties agree to execute, acknowledge and deliver such
further instruments and to take all such other incidental acts as may be reasonably necessary or
appropriate to carry out the purpose and intent of this Agreement.

15.4 No Waiver. Failure by either Party to insist upon strict compliance with any term of
this Agreement in any one or more instances shall not be deemed to be a waiver of its rights to
insist upon such strict compliance with respect to any subsequent failure.

15.5 Severability. If any term of this Agreement is declared invalid or unenforceable by a
court or other body of competent jurisdiction, the remaining terms of this Agreement shall continue
in full force and effect.

15.6 Independent Contractors. The relationship of the Parties is that of independent
contractors, and neither Party shall incur any debts or make any commitments for the other Party
except to the extent expressly provided in this Agreement. Nothing in this Agreement is intended
to create or shall be construed as creating between the Parties the relationship of joint
venturers, co-partners, employer/employee or principal and agent.

15.7 Successors and Assigns. This Agreement shall be binding upon and inure to the benefit
of the Parties, their successors and permitted assigns. Neither Party may assign this Agreement,
in whole or in part, without the prior written consent of the other Party, except that either Party
may, without the other Party’s consent, assign this Agreement to an Affiliate or to a successor to
substantially all of the business or assets of the assigning company.

15.8 Governing Law. This Agreement shall be governed by and construed under the laws of
the State of Tennessee, excluding its conflicts of law provisions. The United Nations Convention
on Contracts for the International Sale of Goods shall not apply to this Agreement.

15.9 Dispute Resolution. If any dispute, controversy or disagreement arises between the
Parties (“Dispute”), such Dispute shall be presented to the respective presidents or senior
executives of Cardinal Health and Client for their consideration and resolution. If such Parties
cannot reach a resolution of the Dispute, then such Dispute shall be submitted to a court of
appropriate jurisdiction.

15.10 Prevailing Party. In any dispute resolution proceeding between the Parties in
connection with this Agreement, the prevailing Party shall be entitled to its reasonable attorney’s
fees and costs in such proceeding.

15.11 Counterparts. This Agreement may be executed in one or more counterparts, each of
which shall be deemed an original but all of which together shall constitute one and the same
instrument. Any photocopy, facsimile or electronic reproduction of the executed Agreement shall
constitute an original.

15.12 Publicity. Neither Party shall make any press release or other public disclosure
regarding this Agreement or the transactions contemplated hereby without the other Party’s express
prior written consent, except as required under applicable law or by any governmental agency, in
which case the Party required to make the press release or public disclosure shall use commercially
reasonable efforts to obtain the approval of the other Party as to the form, nature and extent of
the press release or public disclosure prior to issuing the press release or making the public
disclosure.

15.13 Survival. The rights and obligations of the Parties shall continue under Articles 10
(Confidentiality and Non-Use), to the extent expressly stated therein, 11 (Indemnification), 12
(Limitations of Liability), 13 (Insurance), to the extent expressly stated therein, 14 (Notice) and
15 (Miscellaneous) and Article 6.4 (Effect of Termination), notwithstanding expiration or
termination of this Agreement.

15.14 Force Majeure. Except as to payments required under this Agreement, neither Party
shall be liable in damages for, nor shall this Agreement be terminable or cancelable by reason of,
any delay or default in such Party’s performance hereunder if such default or delay is caused by
events beyond such Party’s reasonable control including, but not limited to, acts of God,
regulation or law or other action or failure to act of any government or agency thereof, war or
insurrection, civil commotion, destruction of production facilities or materials by earthquake,
fire, flood or storm, labor disturbances, epidemic, or failure of suppliers, public utilities or
common carriers; provided however, that the Party seeking relief hereunder shall immediately
notify the other Party of such cause(s) beyond such Party’s reasonable control. The Party that may
invoke this section shall use all reasonable endeavors to reinstate its ongoing obligations to the
other. If the cause(s) shall continue unabated for one hundred eighty (180) days, then both
Parties shall meet to discuss and negotiate in good faith what modifications to this Agreement
should result from this force majeure.

IN WITNESS WHEREOF, the undersigned have caused their duly authorized representative to
execute this Agreement effective as of the date first written above.

 

	 	 	 	 	 	 	 
	     
	 	 CARDINAL HEALTH 105, INC.

 

	 	CUMBERLAND PHARMACEUTICALS, INC.

 
	 	     

	 	 	 

	 	 
	 	

	 	 	By /s/ Rob Betchley

	 	By /s/ A.J. Kazimi
	 	

	 	 	 

	 	 
	 	

	 	 	 

	 	 
	 	

	 	 	Rob Betchley

 

	 	Name: A.J. Kazimi

 
	 	

	 	 	Vice President of Operations

 

	 	Title CEO

 
	 	

	 	 	Date: 8/3/10

 

	 	Date: 8/9/10

 
	 	

2

Exhibit A

Client / Cardinal Health 105, Inc.

Specialty Pharmaceutical Services

Operating Guidelines

The Operating Guidelines will be incorporated into the Exclusive Distribution Agreement
between Cumberland Pharmaceuticals Inc. (“Client”), and Cardinal Health 105, Inc. (“Cardinal
Health”), dated July 1, 2010 (the “Agreement”). Capitalized terms not otherwise defined in these
Operating Guidelines have the same meaning as set forth in the Agreement.

1.0 WAREHOUSING

	 	1.1	 	Cardinal Health maintains its warehouse facility in compliance with 21CFR205 and
applicable federal, state and local laws, as well as rules and regulations supporting
applicable cGMPs.

	 	1.2	 	With reference to those regulations set forth in 21CFR203, SPS supports Client PDMA
programs related to storage and distribution. Other PDMA compliance elements remain the
sole responsibility of the Client.

	 	1.3	 	Cardinal Health will maintain SOPs appropriate for a pharmaceutical distribution
center operating environment. SOPs are appropriately approved and controlled under the
Cardinal Health controlled document management system.

	 	1.4	 	Cardinal Health maintains compliant documented training programs including DEA,
cGMP, and OSHA. These training programs include training on SOPs and the Operating
Guidelines. Client will have the authorization to audit the training records.

	 	1.5	 	Cardinal Health complies with storage, handling and shipping conditions mutually
agreed to by the Client and Cardinal Health for the Product.

	 	1.6	 	The Product will be stored by Cardinal Health. Client will ensure that the storage
requirements are in human readable format and the Product NDC number, lot number, carton
quantity, and expiry date will be in the standard HDMA barcode format. Product is stored
in areas designed to be continuously monitored for the temperature range specified for
the Product. Cardinal Health maintains daily temperature recordings. Cardinal Health
will provide such records to Client upon written request.

	 	1.7	 	Cardinal Health reports temperature excursions that last more than sixty (60)
minutes to Client, and in no event, more than forty-eight (48) hours from the point of
discovery of the excursion.

	 	1.8	 	Product will be stored in an approved warehouse facility with secured access,
accessible only to authorized Cardinal Health personnel.

	2.0	 	RECEIVING

	 	2.1	 	Client, Client’s contract manufacturing agent, or mutually agreed upon Cardinal
Health transportation agent, will arrange transportation services to transfer the Product
to Cardinal Health. Client will notify Cardinal Health of the specific delivery
schedule.

	 	2.2	 	Client’s carrier will contact Cardinal Health seventy-two (72) hours prior to
expected delivery date to arrange a delivery appointment.

	 	2.3	 	Client will retain title and ownership to the Product at all times. Cardinal
Health’s signature on the carrier’s bill of lading is an acknowledgement only of Cardinal
Health’s receipt of Product.

	 	2.4	 	Prior to first receipt of Product, Client will provide Cardinal Health with a
Finished Goods Material Safety Data Sheet.

	 	2.5	 	Client’s Product will meet the following standards for carton identification,
documentation, palletization, and uniformity:

	 	2.5.1	 	Client will provide the bill of lading, notice of release, packing list,
and other documentation necessary. Cardinal Health will follow its SOP for
receiving Product.

	 	2.5.2	 	Pallets will meet GMA standards of 40”W x 48”D x 46”H dimensions with
four-way entry; will be free of broken boards, treated for pests, and clean.

	 	2.5.3	 	Receipt of Product on non-standard pallets may require restacking onto
conforming pallets at Client’s expense.

	 	2.5.4	 	Palletized Product must be uniform and consistent with specifications
set up in the Product master for the number of cartons and eaches.

	 	2.6	 	Cardinal Health will receive each shipment into a secure receiving area and perform
requirements as detailed in Cardinal Health’s receiving SOP.

	 	2.7	 	Cardinal Health will count and inspect the exterior packaging of the Product,
noting evident shortages, overages, or damage on the carrier bill of lading. Cardinal
Health will obtain the carrier’s signature on the bill of lading acknowledging the
condition of the Product upon receipt by Cardinal Health.

	 	2.8	 	Cardinal Health compares the Client documentation to Cardinal Health’s receiving
report. Discrepancies are noted. Cardinal Health investigates and reports discrepancies
to Client within twenty-four (24) hours of receipt. Client and Cardinal Health will
determine corrective actions, if any.

	 	2.9	 	At Client’s request, Cardinal Health will send via fax or email, necessary
receiving documents and temp tale data to Client Quality Assurance for official lot
release. Product is kept in a “system hold” status in Cardinal Health’s Operating System
until released in writing or email by Client Quality Assurance.

	 	2.10	 	Cardinal Health will provide Client with a designated, single point of contact for
all Product release requests. Client Quality Assurance will fax or email to designated
contact at the appropriate facility (LaVergne or Reno), signed documentation to Cardinal
Health to release the lot from “system hold” Product status to “approved” Product status.

	 	2.11	 	Cardinal Health will post receipts in the Warehouse Management System within
twenty-four (24) hours of delivery unless count discrepancies, missing paperwork, damage
investigation, and/or other receiving anomalies interfere with efficient receiving and
documentation. Upon request by Client, Cardinal Health will provide a report of any
unresolved receiving discrepancies.

	3.0	 	IMPORT SERVICES

	 	3.1.	 	Cardinal Health will arrange for transportation and applicable import services on
the Client’s behalf as identified in the agreed upon International Import/Export Fee
Schedule.

	 	3.2.	 	Client acknowledges and accepts its designation and responsibilities as the
Importer of Record in these transactions.

	 	3.3.	 	At Client’s request, Cardinal Health will, on behalf of its Client, make
recommendation for brokerage services and will assist with document management including
the execution of customs, entry formalities and other government agency clearances.

	 	3.4.	 	At Client’s request, Cardinal Health will, on behalf of Client, arrange for
transportation and applicable services to transfer product to the designated Cardinal
Health facility and will use commercially reasonable efforts to ensure that product is
transferred as required.

	 	3.5.	 	Cardinal Health will use commercially reasonable efforts to ensure that product is
transferred in a timely and effective manner to meet delivery requirements and that
required government releases are granted prior to product delivery; provided, however
that Cardinal Health will not be responsible for any loss, liability or expense resulting
from delays or other acts or omissions of any governmental entity relating to the import
of the Product unless directly caused by Cardinal Health’s gross negligence or willful
misconduct.

	 	3.6.	 	Client or Client’s agent will provide to Cardinal Health all necessary details for
completion of required documentation.

	 	3.7.	 	Cardinal Health will prepare and have ready at time of transfer, all required
documentation, including but not limited to: Commercial Invoice, Packing list,
Certificate of origin, Parties to the Transaction, HTS, FDA Product Code, CBP and FDA
Country of Origin, FDA Manufacturer, Product Valuation, Quantities, TSCA Statements, DEA
Import Permits, USDA Certifications or Vet Certificates and any other applicable OGA
documentation, to comply with applicable export and import regulations.

	 	3.8.	 	Client will ensure that product meets shipping and packaging standards set by the
applicable mode of transportation, all local, state and federal regulations and Section
2.5 of the Operating Guidelines.

	 	3.9.	 	For all other instruction related to Import Services please refer to Section 2.0 of
the Operating Guidelines regarding Receiving.

	4.0	 	INVENTORY

	 	4.1	 	Inventory is received, tracked and controlled on Cardinal Health’s Warehouse
Management System by item number, lot number, expiration date, quantity, and status.
Cardinal Health’s Warehouse Management System meets regulatory requirements for lot
traceability and accountability, from receipt of Product at Cardinal Health to shipment
of Product to Client’s Customer.

	 	 	 	4.2

3

Cardinal Health performs a daily cycle count on forward pick locations that have had
activity during a given day. Cardinal Health will use commercially reasonable efforts to
maintain accurate and timely inventory records. Cardinal Health will report on cycle
count accuracy at the request of Client.

	 	4.3	 	Inventory variances are investigated by Cardinal Health and reported promptly to
Client and in no event later than forty-eight (48) hours from discovery. Corrective
actions will be determined jointly by Cardinal Health and Client.

	 	4.4	 	Client may conduct a complete physical inventory once per calendar year. Thirty
(30) days advance written notice is required prior to the start of a physical inventory.
More frequent physical inventories may occur if inventory variances exceed the standard
of 100% accuracy, as set forth in Section 22 of the Operating Guidelines

	 	4.5	 	Monthly or quarterly, Cardinal Health notifies Client of expired or short dated
Product, as specified by Client. Client will have up to thirty (30) days to provide
Cardinal Health disposition of said Product. In the event Client does not disposition
said Product within thirty (30) days, Cardinal Health reserves the right to assess
excessive storage charges.

	 	4.6	 	Cardinal Health receives returned Product according to Cardinal Health SOP and
Client’s Returned Goods Policy. Client will determine appropriate disposition of the
returned Product. Client must be notified prior to disposition of the Product. If the
disposition is to destroy the Product, Cardinal Health will subcontract the destruction
through a third party supplier. Cardinal Health will provide Client with the Certificate
of Disposal.

	5.0	 	DISTRIBUTION

	 	5.1	 	Orders approved and available for processing (pick & pack) by the agreed upon time,
2:00 p.m. Central Time, Monday through Thursday, and on Fridays if approved by Client,
will be shipped before the close of business the same day (“Standard Hours”) in
accordance with section 5.2 and section 5.8 below. Orders received and processed after
the agreed upon time, 2:00 p.m. Central Time, will be handled on an exception basis.
Every attempt will be made to ship orders in the allotted time. Any remaining volume not
shipped will be communicated to the customer along with recommendations and schedules for
completion. For orders received after Standard Hours, 2:00 p.m., Cardinal Health will
consider these orders as the following day’s business. If the day the Product is to be
received by the Customer falls on a holiday or weekend, then the order will be shipped on
the next business day, which will ensure the Product will not be delivered to the
Customer on a holiday or weekend.

	 	5.2	 	Orders placed within Standard Hours will be shipped to Customer via standard ground
delivery service unless otherwise specified in the Agreement.

	 	5.3	 	Client will make best commercial efforts to encourage customers to submit orders to
Cardinal Health and/or authorize the release of orders placed on system hold in a fashion
that allows for an even distribution of work recognizing normal start times of 8:00
a.m. Central Time. Cardinal Health will use commercially reasonable efforts to meet the
requested shipping schedule. However, if orders received and/or released from system
hold do not allow for an even distribution of work, Cardinal Health cannot commit to
agreed upon “on time shipping” metric per Section 22 of the Operating Guidelines.

	 	 	 	5.4

4

Orders that have Drop Ship requirements within Standard Hours will be shipped and
assessed any special charges or handling fees according to Client’s directions.

	 	5.5	 	Orders placed outside Standard Hours and in which the Customer has requested
delivery for the next day will be defined as emergency orders and will be shipped via
priority overnight delivery. All emergency orders will be billed to client as set forth
on Fee Schedule.

	 	5.6	 	When a Customer requests upgraded shipping service for an order placed during
Standard Hours, Cardinal Health will process per Client’s direction. Applicable upgrade
charges will be assessed per an agreed upon flat fee.

	 	5.7	 	Client is responsible for monitoring customer ordering practices.

	 	5.8	 	Recognizing that order volume may fluctuate from time to time, Cardinal Health
staffs to meet 125% of the rolling average number of Client orders processed over the
previous three (3) calendar months. Cardinal Health uses commercially reasonable efforts
to meet the shipping schedule outlined herein when order or unit volume exceeds 125% of
the rolling average number of orders or units; provided, however, that Cardinal Health
cannot guarantee daily on-time shipping standards will be achieved during such increased
activity periods.

	 	5.9	 	Cardinal Health measures the timeliness of shipments and will report this attribute
periodically according to Section 22 of the Operating Guidelines.

	 	5.10	 	Cardinal Health personnel are available for emergency Product shipments, via phone
request, twenty-four (24) hours per day, three hundred sixty-five (365) days per year.
For shipments called in after the carrier’s cutoff time (approximately 6:00 p.m. Central
Time for overnight airfreight), Cardinal Health will ship the Product the following day.

	 	5.11	 	Cardinal Health’s inventory system complies with First-to-Expire, First-Out
(“FEFO”) inventory allocation. Exceptions from FEFO must be approved by the Client in
writing prior to shipment.

	 	5.12	 	Cardinal Health performs quality verification on Client shipments by an individual
other than the employee who picked the order. Cardinal Health uses commercially
reasonable efforts to pick, pack, and ship Customer orders accurately. Cardinal Health
measures picking and shipping accuracy and reports this attribute periodically according
to Section 22 of the Operating Guidelines.

	 	5.13	 	Cardinal Health and Client mutually determine and agree in writing on the packaging
requirements for shipping the Product. Cardinal Health and Client will issue appropriate
guidelines and pack-out training to the distribution department to assure compliance with
Client’s specifications. These specific Client specifications are controlled in the
Cardinal Health controlled document management system.

	 	5.14	 	Cardinal Health provides shipment confirmation information to Client through
Cardinal Health’s information System. Such information is available the same business day
on which the shipment occurs.

	 	5.15	 	Cardinal Health manages shipping supplies — including ordering, inventory record
keeping, and storage. Cardinal Health will invoice Client for mutually agreed
upon shipping materials; corrugated cartons, insulated coolers (if specified), address
labels, inner packing; as may be requested by Client’s packing specifications.

	6.0	 	PATIENT ASSISTANCE PROGRAM – *Client specific

	 	6.1	 	Product allocated for Client’s Patient Assistance Program (“PAP”) is physically
segregated from trade stock and has a unique inventory part number and forward pick
location in the warehouse. Client designates an initial PAP inventory of “X” units.
Client will monitor PAP inventory and when this inventory hits a balance of “X” units,
Client will provide written approval to restock inventory with “X” units. It is intended
that Cardinal Health should have to restock not more frequently than monthly.

	 	6.2	 	Cardinal Health identifies Product allocated to PAP in its Warehouse Management
System as the NDC# followed by the letters “P-A-P” if unique NDC# is not provided.

	 	6.3	 	Client or Client’s reimbursement vendor is responsible for placing PAP orders.
Cardinal Health does not accept orders for PAP Product by any Customers or Physicians.
Client’s reimbursement vendor provides to Cardinal Health the Physician name or Pharmacy,
address, License #, expiry, patient ID#, number of units to be shipped and the order
type (i.e. PAP). Cardinal Health enters this information into its System including the
patient ID# on the instruction or PO# line.

	 	6.4	 	If documentation received identifies the Physician and patient ID#, Cardinal Health
will include this information during returns processing as per Cardinal Health’s SOPs.

	7.0	 	TRANSPORTATION

	 	7.1	 	Cardinal Health and Client mutually agree upon a common carrier(s) based on
shipment size, destination, freight rates, availability of standard and special services,
reliability of delivery, and claim history among other requirements.

	 	7.2	 	If the carrier supplies one and if Client agrees, Cardinal Health will provide its
discounted rate.

	 	7.3	 	Shipping charges, including special charges for insurance, proof of delivery,
hazardous materials, service upgrades, and so forth, are billed directly to Cardinal
Health’s account with the carrier and passed through, including a handling fee, to
Client.

	 	7.4	 	Client will designate Freight terms as Freight on Board (Origin) or Freight on
Board (Destination).

	 	7.5	 	Cardinal Health, at the request of the Client, will provide proof of delivery for
specific Customer shipments. Fees, if any, charged by carriers for proof of delivery
will be passed directly to Client.

	8.0	 	CUSTOMER SERVICE

	 	8.1	 	Cardinal Health provides a dedicated, inbound phone and fax line for Client’s
Customers to submit purchase orders and phone in general inquiries.

	 	8.2	 	Cardinal Health staffs the inbound phone line from 7:00 a.m. — 6:00 p.m. Central
Time, Monday through Friday, except for the following holidays: Christmas Day, New Year’s
Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, the day after
Thanksgiving and any other days as mutually agreed to.

	 	8.3	 	Cardinal Health is responsible for training Cardinal Health’s client service
specialists and backup representative(s). Client will provide company and Product
specific information for training of the client service specialists.

	 	8.4	 	Cardinal Health is responsible for initial set up and on-going maintenance of
Customer master files. The initial Customer master file will be approved and signed by
Client. Client may add Customers by completing the Customer maintenance profile form and
forwarding to Cardinal Health for system entry.

	 	8.5	 	Cardinal Health accepts Customer orders by electronic data interchange (“EDI”),
mail or fax. Cardinal Health maintains Customer records. Customer orders must be in
writing or by EDI. Cardinal Health will not accept telephone orders without a mail or
fax confirmation.

	 	8.6	 	Cardinal Health uses commercially reasonable efforts to answer inbound phone calls
within the first thirty (30) seconds, and will report this attribute at the request of
Client.

	 	8.7	 	As a backup to the client service specialists, a voice mail system is maintained to
collect messages from Customers.

	 	8.8	 	Cardinal Health’s client service specialists re-route, via warm transfer,
misdirected calls to the appropriate vendors designated by Client In the event a call
cannot be re-routed to a particular vendor (e.g., due to a system outage), the client
service specialist warm transfers the call to the Client’s operator at (xxx) xxx-xxxx.

	9.0	 	ORDER ENTRY

	 	9.1	 	Client will designate minimum and multiple order quantities. Order entry requests
are maintained by Cardinal Health through its Operating System.

	 	9.2	 	Client will instruct its Customers to place orders based on the contract between
Client and Customer.

	 	9.3	 	Client will determine when Customers will pay for premium freight, special
handling, and emergency order processing.

	 	9.4	 	Cardinal Health uses commercially reasonable efforts to enter orders accurately.
Cardinal Health measures such accuracy, and reports this attribute periodically according
to Section 22 of the Operating Guidelines.

	 	 	 	 	 	 	 
	10.0	 	CUSTOMER CREDIT
	
 
	 	 	10.1	 	 	Client will establish credit limits for each Customer or group of Customers.

	 	10.2	 	Cardinal Health’s Operating System monitors orders and outstanding accounts
receivable against the Customer’s credit limit and holds orders when credit limits are
exceeded.

	 	10.3	 	Client may elect, with written authorization, to place a Customer’s account on
credit hold so that orders are reviewed prior to shipment.

	 	10.4	 	Client will review and approve Customer orders held for credit limits prior to
shipment. Client must release orders or provide written and/or email authorization to
release.

	11.0	 	PRICING AND TERMS

	 	11.1	 	Client will publish terms and conditions of sale to all Customers. Standard terms
are 2% -30 days, net 31 days. Contracted Customers may have non-standard terms.

	 	11.2	 	Client will publish list prices for Customers, which are subject to change from
time to time at the sole discretion of Client.

	 	11.3	 	Cardinal Health will perform system maintenance of Product pricing and terms.
Client will provide to Cardinal Health, in no less than seventy-two (72) business hours,
written changes to Product pricing or terms to the following pricing mailbox:

GMB-CORD-PriceIncrease@cordlogistics.com.

Cardinal Health will be responsible for updating the Cardinal Health system within
twenty-four (24) hours of effective date and time of the price increase.

	 	11.4	 	Cardinal Health employees are bound by the confidentiality provisions of the
Agreement between Cardinal Health and Client and, as such, will not disclose Client sales
data or pricing information outside the specific Cardinal Health employees who have a
need to know this information in the course of performing their routine job
responsibilities.

	 	11.5	 	Cardinal Health provides the necessary reports within stipulated time frames to
ensure Client can comply with the reporting requirements of Medicaid, Veterans HealthCare
Act, PHS Covered Entities, Deficit Reduction Act (DRA), and state rebate programs. Client
will define reporting requirements against which Cardinal Health will produce the
required reports.

	12.0	 	INVOICING

	 	12.1	 	Cardinal Health will exercise commercially reasonable effort to mail invoices the
morning following shipment of Product, or, when applicable, transmit by electronic data
interchange (EDI) to Customer’s billing address the same day of Product shipment.

	 	12.2	 	For any order shipped after the close of business, the invoice is prepared and
mailed the following business day.

	 	12.3	 	Cardinal Health will make commercially reasonable efforts to process invoices as
timely and accurately as possible. Cardinal Health measures invoice accuracy and
processing timeliness and will report this attribute periodically according to Section 22
of the Operating Guidelines.

	13.0	 	CHARGEBACKS

	 	13.1	 	Client may enter into prime vendor arrangements for select contract or government
mandated pricing arrangements.

	 	13.2	 	On behalf of Client, Cardinal Health processes chargebacks within forty-eight (48)
hours of receipt and reconciles chargeback discrepancies within five (5) working days.
Cardinal Health’s chargeback SOPs will define the parameters for resolution between
Clients’ contract terms and conditions and the chargeback submitted by the wholesaler.

	 	13.3	 	Chargebacks will be processed according to the chargeback policy for Client.

	 	13.4	 	Client will determine contracted, chargeback pricing on a contract-by-contract
basis. Client will notify Cardinal Health ten (10) days prior to effective date of such
price changes in order to update the Cardinal Health system files. Client will forward
contract pricing forms to Cardinal Health’s mailbox,
cord.contracts@cordlogistics.com. Client or Cardinal Health will notify
Customers of contract price changes.

	 	13.5	 	Client is responsible for providing Cardinal Health with accurate Membership Lists
before any chargeback can be processed.

	 	13.6	 	Validated chargeback submissions are settled via credit invoice or electronic
reconciliation.

	 	13.7	 	Cardinal Health will make commercially reasonable efforts to process chargebacks as
timely and accurately as possible.

	14.0	 	ACCOUNTS RECEIVABLE

	 	14.1	 	Client will open and maintain a bank lockbox. The bank will receive Customer
remittance and invoice information on behalf of Client. Customers may remit payment via
electronic funds transfer (“EFT”) or wire transfer.

	 	14.2	 	Payments not received through the lockbox will be routed to the Client’s bank for
deposit into the appropriate account.

	 	14.3	 	Cardinal Health will reconcile and apply the cash receipt(s) to the outstanding
account receivable within one (1) business day of receipt from the bank or the Client, or
as soon as commercially reasonable.

	 	14.4	 	Cardinal Health will not allow discounts for payments received beyond the payment
terms, as indicated by the postmark date on remittance envelope. Cardinal Health will
handle the amount of the discount as a balance due on the Accounts Receivable account.

	 	14.5	 	Cardinal Health will manage the Accounts Receivable according to the guidelines
outlined in the SOPs.

	 	14.6	 	Cardinal Health will maintain notes related to collection activities in an Accounts
Receivable system file, or on excel spreadsheet that will be accessible to Client
authorized personnel.

	 	14.7	 	Cardinal Health will use commercially reasonable efforts to process accounts
receivable as timely and accurately as possible. Cardinal Health will measure accounts
receivable and collections activity and report these attributes periodically according to
Section 22 of the Operating Guidelines.

	15.0	 	GOVERNMENT REPORTING 

	 	15.1	 	Client may access data as needed through Cardinal Health’s reporting system.
Various reports are available for client use to complete government reporting
calculations.

	16.0	 	MONTH-END CLOSE 

	 	16.1	 	Cardinal Health will use commercially reasonable efforts to complete its close by
the second working day after the last business day of the month being closed. Cardinal
Health will exercise commercially reasonable efforts to record all transactions for the
month being closed by the close of business on the first working day (“Day 1”) of the
following month. (i.e. March activity is posted by the end of the first working day in
April.). Cardinal Health will measure and report this attribute at the request of
Client.

	 	16.2	 	Cash received by the bank or Client on the final day of the month is applied to the
open receivable for the prior month within one (1) business day.

	 	16.3	 	Noted exceptions that cannot be resolved by the close of business on Day 1 will be
communicated to the Client and is carried over into the following month.

	 	 	 	 	 	 	 
	17.0	 	RETURNED GOODS
	
 
	 	 	17.1	 	 	Returns are processed in accordance with Client’s Returned Goods Policy.

	 	17.2	 	If the client makes an exception to their Returned Goods Policy, the client must
submit written direction prior to returns being processed.

	 	17.3	 	Client is responsible for providing all pertinent pricing and lot information.
Cardinal Health will use commercially reasonable efforts to complete the processing of
returns and, if applicable, credit issuance within ten (10) business days of receipt of
the return.

	 	17.4	 	The Client is responsible for ensuring all vendors are provided with and are
following the Returned Goods Policy.

	 	17.5	 	Cardinal Health will use commercially reasonable efforts to process returned goods
as timely and accurately as possible.

	 	17.6	 	Monthly or quarterly, Cardinal Health will notify Client of returned product.
Client will have up to thirty (30) days to provide Cardinal Health disposition of said
product. In the event Client does not disposition said product within thirty (30) days,
Cardinal Health reserves the right to assess excessive storage charges.

	 	17.7	 	Cardinal Health will subcontract the destruction of returned product through a
third party supplier. Cardinal Health will provide Client with the Certificate of
Disposal.

	18.0	 	PRODUCT COMPLAINT RETURNS

	 	18.1	 	Client or designated vendor will handle product complaints and determine the
appropriate action to be taken. Cardinal Health may ship replacement product or issue
credit at Client’s direction. Cardinal Health will follow its SOPs with regard to
executing these requirements.

	 	 	 	 	 	 	 
	19.0	 	RECALL ASSISTANCE
	
 
	 	 	19.1	 	 	Client is responsible for decision to initiate recall or product withdrawal.

	 	19.2	 	Client is responsible for notification of recall or product withdrawal to
appropriate regulatory agencies.

	 	19.3	 	Client is responsible for management of a recall event.

	 	19.4	 	If there is a recall or withdrawal of Product, then Cardinal Health agrees to stop
shipping recalled lots promptly, and in no event later than twenty-four (24) hours after
Cardinal Health receives written notification of such recall from Client. 

	 	19.5	 	If mutually agreed upon, Cardinal Health will provide assistance to Client and
cooperate fully in any such recall. Client will pay to Cardinal Health an amount equal
to Cardinal Health’s actual costs incurred with any such recall services. Such cost will
be in addition to the fees set forth in the Fee Schedule. Such assistance will include
but not be limited to: 

	 	a)	 	Contacting consignees (wholesaler, ship to locations) who may
have received affected Product and requesting prompt quarantine of all affected
lots pending further disposition instructions from Cardinal Health or Client.

	 	b)	 	Storage and control of on-hand inventory of recalled Product.

	 	c)	 	Receipt, storage and control of returned recalled Product.

	 	d)	 	Documentation of recalled Product used, destroyed or returned to
the distributor through established document systems at Cardinal Health.

	 	e)	 	Assistance in preparation of final Recall Report including a copy
of all communications, if any, with FDA concerning the recall.

	 	f)	 	Shipment of samples of recalled Product to Client or a designated
testing site for analysis, if applicable.

	 	g)	 	Cardinal Health will maintain appropriate SOPs, and to the extent
that they are not in conflict with the Operating Guidelines, Cardinal Health
will follow its SOPs with regard to executing these requirements.  

	 	19.6	 	Cardinal Health will provide the necessary recall reports within two (2) hours of
notification by Client. Reports will contain, but not be limited to, the following
information for each recalled Product and lot number: Customer shipments by date, item
number, quantity, lot number, and ship to address.

	 	19.7	 	Cardinal Health will provide Client Quality Assurance with signed and dated records
documenting final disposition of the Product(s).  In addition, Cardinal Health will
assist with the following information:

	 	a)	 	Name and location of distributors involved in the execution of
the final disposition of the recalled Product.

	 	b)	 	Name and location of drug destruction sites (if applicable).

	 	c)	 	List of applicable State or Federal licenses currently required
and held for drug transport and/or disposal for all drug destruction sites (if
applicable).

	 	d)	 	Product disposition method.

	 	e)	 	Amount of Product dispositioned.

	 	f)	 	Date of Product disposition.

	 	g)	 	Documentation from each affected Distributor(s) head of Quality
Assurance or designee attesting to the completion of the Product disposition
functions and requirements set forth by Client’s Recall Committee.

	20.0	 	OPERATING SYSTEMS 

	 	20.1	 	Client retains ownership to Client Data in the Cardinal Health System but grants
Cardinal Health a limited right to use such Client Data in the performance of its
Services.

	 	20.2	 	Cardinal Health will use commercially reasonable efforts to maintain security of
the Client Data in our systems, to segregate them and render them inaccessible to all
third parties except those providing services or systems support hereunder.

	 	20.3	 	Cardinal Health will provide Client with on-line access to account receivable,
customers, general ledger, inventory, invoices, orders, returns, sales, shipping, and
other business critical data as defined in Cardinal Health’s standard reports output.

	 	20.4	 	Additional reporting and interfaces may be jointly defined by Client and Cardinal
Health.

	 	20.5	 	Cardinal Health will use commercially reasonable efforts to maintain all Systems
within the change control SOPs.

	 	20.6	 	Cardinal Health will use commercially reasonable efforts to make Cardinal Health’s
System accessible to the Client twenty-four (24) hours per day seven (7) days per week
and guaranteed between the hours of 7:00 a.m. — 9:00 p.m. Central Time, Monday through
Friday (“Accessible Hours”), except for routine, scheduled or emergency maintenance.
Cardinal Health will provide forty-eight (48) hours advance notification to Client of a
scheduled maintenance, which would affect Client’s ability to access the System.

	 	20.7	 	Cardinal Health will use commercially reasonable efforts to ensure that unscheduled
System downtime for Cardinal Health Systems, will not exceed two percent (2%) of the
Accessible Hours per calendar quarter. Cardinal Health will promptly notify Client of any
System problem that might affect services and if possible an estimated time for
restoration of System access.

	 	20.8	 	System backups will be generated on a nightly basis in conjunction with Cardinal’s
corporate standard Backup and Recovery policy.  These backup tapes will be stored either
off-site or in a fireproof cabinet as indicated by the policy.

	 	20.9	 	Cardinal Health may upgrade, enhance, modify, or convert the System and will notify
the Client of System changes as appropriate. Initial training will be provided as agreed.
Any additional training will be provided at Client expense.

	 	20.10	 	System development work may be undertaken by Cardinal Health on behalf of the
Client. Such work will be billed at the hourly development rate specified in the Fee
Schedule plus any applicable travel expenses. This applies but is not limited to Web
Reporting enhancements, EDI transaction implementations, and enhancements to the System.

	 	20.11	 	Enhancements to the System may from time to time be requested by the Client.
Requests will be evaluated and undertaken at Cardinal Health’s discretion. Costs of
design, quote, development, testing, and validation of system enhancements will be borne
as mutually agreed to by the parties in writing.

	21.0	 	AUDITS

	 	21.1	 	Client or its designee shall have the right from time to time in its sole
discretion, exercised reasonably during normal hours (i.e., 8:00 a.m. to 5:00 p.m. local
Facility time), to conduct a complete quality audit upon thirty (30) days prior written
notice to Cardinal Health; provided, however, that no notice shall be required if the
audit pertains to recalls, product safety or potential product safety.

	 	 	22.0

5

MEASURED ATTRIBUTES

	 	22.1	 	Cardinal Health will provide Client with reports on measurable attributes including
but not limited to those identified in Section 22.5 below. Such reports (“Specialty
Pharmaceutical Services Scorecard” or “SPS Scorecard”) will be used to track and
benchmark performance.

	 	22.2	 	Client and Cardinal Health will agree to meet not less than once per year to review
performance and to develop methods, policies, practices, and procedures that may improve
the quality and efficiency of the Cardinal Health/Client relationship.

	 	22.3	 	Cardinal Health will use commercially reasonable efforts to meet or exceed the
Client’s expectation for performance based on the measured attributes.

	 	22.4	 	Cardinal Health will notify Client in writing if there are changes to the
attributes used to track and benchmark performance.

	 	22.5	 	Measured Attributes and Performance Standards According to the SPS Scorecard.

	 	 	 	 	 	 	 
	        
	 	Measured

Performance Attribute
	 	Operational Definition

	 	        

	 	 	 
	 	 

	 	

	 	 	Order/Shipment Accuracy
	 	Any order not shipped

to manufacturer order

requirements (such as

mispick quantity,

mispick item, keying

error etc.)

	 	

	 	 	Late to Standard Orders
	 	Any order that is

received by cut-off

or agreed upon time

and is not shipped by

agreed upon time.

	 	

	 	 	SPS Inventory Exceptions
	 	Measures Inventory

Overages, Inventory

Shortages, SPS

Damages, Unexplained

Product Damages and

Missing Labels.

	 	

	 	 	Inbound Receiving Exceptions
	 	Measures Inbound

Broken or Missing

Seal, Inbound

Damages, Inbound

Incorrect

Documentation,

Inbound Missing

Documentation,

Inbound Overages,

Inbound Shortages,

Inbound Temperature

Excursions, Inbound

Missing Labels and

Inbound Partial

Cases.

	 	

	 	 	Invoice Collection Process

Lead Time
	 	Measures from the

date the invoice is

created to the date

the invoice is

cleared from Accounts

Receivable. Please

Note: If an account

is in a credit

balance position or

terms are extended

beyond the initial

terms invoiced, these

transactions will be

included in the

metric and may

increase the count of

invoices collected

greater than 10

business days.

	 	

	 	 	Chargeback Process Lead Time
	 	Measures from the

date the chargeback

is available to

process to the date

the credit is issued.

This metric includes

manual and EDI

Chargebacks.

	 	

	 	 	Return Authorization

Process Lead Time
	 	Measures from the

date the Return

Authorization is

requested by the

customer to the date

the Return

Authorization is

issued.

	 	

	 	 	Return Process Lead Time
	 	Measures from the

date of the physical

return to the date

the Return Credit is

issued.

	 	

	 	 	23.0

6

RECORD RETENTION GUIDELINES (Customer Operations)

The objective of these guidelines is to establish uniform procedures for the maintenance, storage
and destruction of company records under the control of Cardinal Health. The records are
documentation produced through order management, accounts receivable, returns management and
chargeback management. The records do not include transactions that are electronically preserved
in the Enterprise Resource Planning (ERP) System, Elite Series System or the Bid and Contract
Chargeback System (BACCS). Electronic systems are maintained by the EIT group and that group has
responsibility for coordinating any appropriate record purge with any and all affected parties.

Procedures

	 	1.	 	Records are locally housed in file cabinets or in storage boxes that have been labeled
for content. Labeling of boxes is uniform, by client, by function and by date. Boxes are
numbered and recorded on a record retention list that is maintained in customer operations.

	 	2.	 	Records should be retained for the period designated on the attached Records Retention
Schedule. The retention periods have been established based on business need and/or
requirements under applicable state and federal laws and regulations. Retention periods
are based upon the calendar year in which the records are created.

	 	3.	 	Records should be discarded/destroyed at the conclusion of the applicable retention
period. Cardinal Health will participate in regularly scheduled clean-up sessions to
ensure that unnecessary records are destroyed on a timely basis. Cardinal Health will
provide the client with a listing of records that are eligible for destruction.
Destruction must be approved by the client and fees assessed as set forth in the Fee
Schedule.

	 	4.	 	Records that are not ordinarily subject to retention but need to be retained due to
unusual circumstances, such as litigation or government investigation will be maintained as
directed by the client or as directed by the Cardinal Health Legal Department. The Client
will notify the Relationship Manager or the Customer Operations Director in writing
stipulating which records are affected and the requirements for the records affected.

	 	5.	 	If services are terminated, Customer Operations records will be sent to the client
within sixty (60) days of the termination date.

RECORD RETENTION SCHEDULE

	 	 	 	 	 
	Document Type	 	Document Retention	 	Storage Method
	 	 	Period	 	 
	I. Customer Service

	 	

	 	

	Customer order records

	 	7 years
	 	Cabinet/boxed/daily folder
	Patient Assistance Orders

	 	10 years
	 	Locked cabinet
	Price Notifications

	 	6 years
	 	Cabinet/boxed/analyst
	Adverse Events Notifications

	 	10 years
	 	Cabinet/boxed
	Freight Claims

	 	7 years
	 	Cabinet/boxed/daily folder
	Bills of Lading

	 	4 years
	 	Cabinet/boxed
	Customer Set-up & Maintenance

	 	7 years
	 	Cabinet/boxed/daily folder
	PAP Customer Set-Up

	 	10 years
	 	Locked cabinet
	Invoice Adjustments

	 	7 years
	 	Cabinet/boxed

7

	 	 	 	 	 
	Document Type	 	Document Retention	 	Storage Method
	 	 	Period	 	 
	II. Accounts Receivable

	 	

	 	

	Customer Invoices

	 	7 years
	 	Cabinet/boxed
	Invoice collection documentation

	 	7 years
	 	Cabinet/boxed
	Cash Receipts

	 	7 years
	 	Cabinet/boxed
	Deduction documentation/resolution

	 	7 years
	 	Cabinet/boxed
	Month end Close Records

	 	7 years
	 	Cabinet/boxed
	Related correspondence

	 	7 years
	 	Cabinet/boxed
	 

	 	

	 	

	III. Returns Management

	 	

	 	

	Return Authorizations

	 	10 years
	 	Cabinet/boxed/daily folder
	Return paperwork & credit memo

	 	10 years
	 	Cabinet/boxed/daily folder
	Related correspondence

	 	10 years
	 	Cabinet/boxed/daily folder
	Return Policy

	 	6 years
	 	Cabinet/boxed/kept at desk 3 copies
	Pricing Notification

	 	10 years
	 	Cabinet/boxed/kept at desk 3 copies
	 

	 	

	 	

	 

	 	

	 	

	IV. Contracts & Chargebacks

	 	

	 	

	Contract Set-up/Contract Change

	 	10 years
	 	Cabinet/boxed
	Contract Price Changes

	 	10 years
	 	Cabinet/boxed
	Pricing Notifications

	 	10 years
	 	Cabinet/boxed
	Chargeback Submissions

	 	10 years
	 	Cabinet/boxed
	Chargeback Rejections

	 	10 years
	 	Cabinet/boxed
	Credit Feed Report

	 	10 years
	 	Cabinet/boxed
	Membership Rosters

	 	10 years
	 	Cabinet/boxed
	Membership changes/notifications

	 	10 years
	 	Cabinet/boxed

8

	24.0	 	LINE EXTENSIONS

24.1 Client will provide Cardinal Health Account Management notification not less than
thirty (30)

days prior to receipt of a new product and forty-five (45) days prior to receipt of an
acquired

product.

24.2 Client will provide the following information twenty (20) days prior to receipt of a new

product and thirty-five (35) days prior to receipt of an acquired product:

	 	a)	 	Complete RFI

	 	b)	 	Item Set Up

	 	c)	 	Trade Letter

	 	d)	 	MSDS

	 	e)	 	Packing schematics (if applicable)

	 	f)	 	Storage / shipping forecast

	 	24.3	 	Cardinal Health will use commercially reasonable efforts to launch new
product within

seventy-two (72) hours of initial receipt unless count discrepancies, missing
paperwork,

damage investigation, and other receiving anomalies interfere with efficient receiving
and            documentation.

25.0 RELATIONSHIP MANAGEMENT

	 	25.1	 	Appointment of Relationship Managers.  Each Party will forthwith
upon execution of this

Agreement appoint one of its employees to be responsible for all aspects of the
relationship

between the Parties (the “Relationship Manager”) and will promptly thereafter notify
the

other Party of such appointment.  Each Party may replace its Relationship Manager at
any

time and will fill a vacancy for its Relationship Manager as soon as reasonably
practicable. 

Each Party will promptly notify the other Party of any substitution of another person
as its Relationship Manager.  Each Party’s Relationship Manager will be available
throughout the

Term to answer any reasonable questions from the other Party’s Relationship Manager. 

	 	25.2	 	Biannual Review by Relationship Managers.  The Relationship Manager
may communicate

as frequently as they deem necessary; provided that there is a formal meeting no less

than biannually to review the status of the relationship.  The biannual business
review

meetings may take place in person, by videoconference or by telephone conference, as

mutually agreed to by the Parties.  There will be an agenda for each meeting, and
written

minutes of each meeting will be taken and will include the issues discussed and action
items,

if any, arising from such meeting.

EXHIBIT B

FEE SCHEDULE

CONFIDENTIAL

1/5/2010

CUMBERLAND, PHARMACEUTICALS

FEE SCHEDULE

	 	 	 	 	 
	Program Implementation

	 	

	 	

	Line Extension Fee (3)

	 	$ [***]
	 	

	Distribution Services

	 	$ [***]
	 	

	Storage Fee

	 	

	 	

	Ambient storage fee (5)

	 	 	 	Per pallet per month
	Pick, pack and ship fee (1)

Monthly distribution & sample account management fee

(6)

	 	$ [***]

	 	Per month

	Ambient product pick / pack / stage (Includes sales

rep samples)

	 	$ [***]

	 	Per line, per first case

	Ambient product pick / pack / stage (Includes sales

rep samples)

	 	$ [***]

	 	Per each additional case

	Return goods processing

	 	$ [***]
	 	Per first unit
	Return goods processing

	 	$ [***]
	 	Per each additional unit
	Freight Charges

	 	Cost plus [***]% handling fee
	 	

	Packing/Shipping materials (4)

	 	Cost plus [***]% handling fee
	 	

	Destruction Charges

	 	Cost plus [***]% handling fee
	 	Per order
	Emergency / International Orders

	 	$ [***]
	 	

	Information System

System access and support fee (2)

	 	$ [***]

	 	Per month

	Special reports, connectivity or other IT requests

(per hour charge)

	 	$ [***]

	 	Per hour

	Customer Service

Customer Service Management fee

	 	$ [***]

	 	Per month

	Per order processing fee (Includes sales rep samples)

	 	$ [***]
	 	Per order
	Per credit memo

	 	$ [***]
	 	Per credit memo
	Financial Services

Accounts Receivable Management Fee

	 	$ [***]

	 	Per month

	AR per order processing fee

	 	$ [***]
	 	Per order
	Chargeback Management fee

	 	$ [***]
	 	Per month (0 — 50 lines)
	Chargeback Management fee

	 	$ [***]
	 	Per month (51 — 100 lines)
	Chargeback Management fee

	 	$ [***]
	 	Per month ( 101+ lines)
	Chargeback per line fee

	 	$ [***]
	 	Per line
	Secondary Distribution Services (7)

Warehouse management fee (6)

	 	$ [***]

	 	Per month

	Ambient storage fee {5)

	 	$ [***]
	 	Per pallet per month

9

Note (1): This amended fee schedule is based on distribution services for Cumberland
Pharmaceuticals.

Note (2): System access fee includes licenses for two concurrent users to access the Impromptu
Web Reporting system. Additional licenses will increase the monthly fee by $[***] per concurrent
user. The system access fee also supports the collection, maintenance and housing of data and IT
Staff support of the Elite WMS and DMS systems.

Note (3): Should Cumberland Pharmaceuticals require an additional product or service
implementation, excluding the product/SKU noted, SPS reserves the right to assess additional
Program Implementation Fees. The first payment would be due after the initial implementation
meeting. In addition distribution, customer service and financial service monthly fees could
increased accordingly per implementation.

Note (4): Supplies include boxes, tape, labels, bubble pack, etc (approx. $[***] per shipment),
pallets ($[***]/pallet), and any other Cumberland Pharmaceuticals requirements.

Note (5): Pallet storage fee is based on a daily average of pallets on hand. Pallet storage
greater than two months inventory on hand will be assessed an additional charge of three times
the standard fee.

Note (6): The account management fee covers the following services: logistics management,
inventory management, regulatory affairs and quality assurance, receiving discrepancy
resolution, standard operating procedures, validation management, supply control, process
set-ups, and process scheduling.

Note (7): Cardinal SPS will provide business continuity and third party logistics services
including product storage and distribution management from its Reno, Nevada facility. All other
fees for pick/pack/stage, order, credit memo, invoice and chargeback processing will be applied
accordingly to product that is shipped out of the Reno, Nevada facility.

Note (8): Payment terms will be Net [***].

10

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