Document:

Form of Tax Allocation Agreement

 Exhibit 10.2 
 FORM OF 
 TAX ALLOCATION AGREEMENT 
 TAX ALLOCATION AGREEMENT (this “Agreement”), dated as of
                    , 2007, among Abraxis BioScience, Inc. (f/k/a Generico Holdings, Inc.), a Delaware corporation
(“Gholdco”), New APP LLC, a Delaware limited liability company (“Generico”) (Gholdco and Generico, collectively, the “Generico Parties”), New Abraxis, Inc., a Delaware corporation
(“Alpha”), and New Abraxis, LLC, a Delaware limited liability company (“New Alpha”) (Alpha and New Alpha, collectively, the “Alpha Parties”). 
 RECITALS 
 WHEREAS, prior to the Alpha Merger, Alpha was the common parent of an
affiliated group of corporations within the meaning of Section 1504(a) of the Internal Revenue Code of 1986, as amended (the “Code”), which currently files consolidated federal Income Tax Returns (the “Affiliated
Group”); 
 WHEREAS, as a consequence of the Alpha Merger, Alpha ceased to exist and Gholdco became the common parent of the
Affiliated Group; 
 WHEREAS, pursuant to the Separation Agreement dated as of the date hereof between the Generico Parties and the Alpha
Parties (as may be amended from time to time in accordance with its terms, the “Separation Agreement”), Gholdco will distribute to its stockholders on a pro rata basis, all of the issued and outstanding shares of New Alpha common
stock (“New Alpha Common Stock”) (as described more fully in the Separation Agreement, the “Share Distribution”); 
 WHEREAS, in connection with the transactions contemplated by the Separation Agreement, one or more of the Generico Group members will incur an aggregate of up to $1.45 billion of indebtedness, the “Debt Financing”;

 WHEREAS, the parties to this Agreement intend that (i) the Alpha Merger will qualify as a tax-free reorganization within the meaning
of Section 368(a)(1)(F) of the Code, (ii) following the Alpha Merger, Gholdco, as the “successor” to Alpha for Tax purposes, became the common parent of the Affiliated Group; (iii) the New Alpha Contribution and the Cash
Contribution followed by the Share Distribution will qualify as a tax-free reorganization within the meaning of Section 368(a)(1)(D) of the Code; and (iv) the Share Distribution will qualify as a distribution eligible for nonrecognition
under Sections 355(a) and 361(c) of the Code; 
 WHEREAS, after the Distribution Date (as defined in the Separation Agreement), neither
Alpha, New Alpha nor any of the Alpha Subsidiaries (as hereinafter defined) will be a member of the Affiliated Group for federal income tax purposes, at all times from its formation through the Distribution Date, New Alpha LLC will be disregarded as
an entity separate from New Alpha for U.S. federal income tax purposes, and at all times from its formation through the Distribution Date, Generico will be disregarded as an entity separate from New Alpha or Gholdco for U.S. federal income tax
purposes; 

 WHEREAS, after the Share Distribution the Affiliated Group shall continue and Gholdco shall be treated as
the common parent of the Affiliated Group for federal income tax purposes; and 
 WHEREAS, the Generico Group and the Alpha Group (as
hereinafter defined) desire on behalf of themselves and their successors to set forth their rights and obligations with respect to Taxes due for periods before, on and after the Distribution Date. 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 ARTICLE I 
 DEFINITIONS 
 SECTION 1.01. General. Capitalized terms used in this Agreement have the meanings set forth in
this Agreement, or, when not so defined, in the Separation Agreement. As used in this Agreement, the following terms shall have the following meanings (such meanings to be equally applicable to both the singular and plural forms of the terms
defined): 
 “Affiliate” has the meaning set forth in the Separation Agreement. 
 “Affiliated Group” has the meaning set forth in the first recital. 
 “Agreement” means this Tax Allocation Agreement as the same may be amended from time to time. 
 “Alpha” has the meaning set forth in the preamble. 
 “Alpha Business” has the meaning set forth in the Separation Agreement. 
 “Alpha
Group” means New Alpha, and the Alpha Subsidiaries. 
 “Alpha Indemnified Parties” has the meaning set forth in the
Separation Agreement. 
 “Alpha Parties” has the meaning set forth in the preamble. 
 “Alpha Separate Group Basis” means, in the case of any Covered Group Return, the amount of Covered Group Taxes for such Covered Group
Return that would have been due if the underlying Covered Group conducted solely the Alpha Business and did not conduct the Generico Business and was computed (i) by taking into account elections and accounting methods actually used in
computing the Covered Group Taxes for such Covered Group Return and (ii) with such other adjustments as are contemplated by this Agreement. 
  

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 “Alpha Subsidiary” means each direct and indirect Subsidiary of Alpha immediately after
the Distribution. 
 “Alpha Taxes” means all Taxes to the extent related to the Alpha Business. The amount of Alpha Taxes
for the 2007 taxable year shall be deemed to be zero. 
 “Claim” has the meaning set forth in Section 3.03. 

“Combined Return” has the meaning set forth in Section 2.14. 
 “Controlling Party” means the party described as the Controlling Party in accordance with Section 3.01. 
 “Covered Group” means, the group of Persons that join in the filing of a Covered Group Return. 
 “Covered Group Return” means any Tax Return (including any consolidated, combined, or unitary Tax Return) that includes both Alpha Taxes
and Generico Taxes for a period that ends prior to or includes the Distribution Date. 
 “Covered Group Taxes” means any
Taxes reportable on a Covered Group Return. 
 “Debt Financing” has the meaning set forth in the fourth recital. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended. 
 “Filing Party” has the meaning set forth in Section 2.09. 
 “Final Determination” means with respect to any issue (a) a decision, judgment, decree or other order by any court of competent
jurisdiction, which decision, judgment, decree or other order has become final and not subject to further appeal, (b) a closing agreement (whether or not entered into under Section 7121 of the Code) or any other binding settlement
agreement (whether or not with the IRS) entered into in connection with or in contemplation of an administrative or judicial proceeding, (c) the completion of the highest level of administrative proceedings if a judicial contest is not or is no
longer available, or (d) any other final disposition, including by reason of the expiration of the applicable statute of limitations. 
 “Generico” has the meaning set forth in the preamble. 
 “Generico Business” has the meaning set
forth in the Separation Agreement. 
 “Generico Group” means Gholdco, Generico and the Generico Subsidiaries. 
  

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 “Generico Indemnified Parties” has the meaning set forth in the Separation Agreement.

 “Generico Parties” has the meaning set forth in the preamble. 
 “Generico Subsidiary” means each direct and indirect Subsidiary of Generico other than a member of the Alpha Group. 
 “Generico Tainting Act” means: 
 (a) any action (or failure to take any reasonably available action) after the Distribution Date by any of the Generico Parties or any Affiliate of the Generico Parties other than an action contemplated by any of the Transaction Agreements;

 (b) any acquisition or other transaction involving the equity of any member of the Generico Group (other than the distribution of the New
Alpha Common Stock in the Share Distribution); or 
 (c) any Prohibited Act performed by any of the Generico Parties or any Affiliate of the
Generico Parties; 
 “Generico Taxes” means all Taxes to the extent related to the Generico Business. 
 “Gholdco” has the meaning set forth in the preamble. 
 “Governmental Entity” has the meaning set forth in the Separation Agreement. 
 “Income Tax” means any Tax measured by or imposed on or in lieu of net income. 
 “Income Tax
Return” means any Tax Return relating to Income Taxes. 
 “Indemnifiable Losses” has the meaning set forth in the
Separation Agreement. 
 “Indemnified Parties” has the meaning set forth in Section 3.02(b). 
 “Independent Firm” has the meaning set forth in Article VI. 
 “IRS” means the United States Internal Revenue Service. 
 “Liable Party” has the meaning set forth in Section 2.09. 
 “New
Alpha” has the meaning set forth in the preamble. 
 “Person” has the meaning set forth in the Separation
Agreement. 
 “Post-Distribution Period” means any Taxable year or other Taxable period beginning after the Distribution
Date and, in the case of any Taxable year or other Taxable period that begins on or before and ends after the Distribution Date, that part of the Taxable year or other Taxable period that begins at the beginning of the day after the Distribution
Date. 
  

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 “Pre-Distribution Period” means any Taxable year or other Taxable period that ends on or
before the close of the Distribution Date and, in the case of any Taxable year or other Taxable period that begins on or before and ends after the Distribution Date, that part of the Taxable year or other Taxable period through the close of the
Distribution Date. 
 “Prior Payments” means, for any type of Tax Return and any Taxable year, all payments previously made
to a Governmental Entity in respect of such Tax Return for such Taxable year and the amount of any overpayment for a prior Taxable period that is creditable against the liability reportable on such Tax Return for such Taxable year. 
 “Private Letter Ruling” has the meaning set forth in the Separation Agreement. 
 “Prohibited Acts” has the meaning specified in Section 4.02(a). 
 “Restricted Period” has the meaning specified in Section 4.02(a). 
 “Restructuring Taxes” means any Taxes (and other liabilities, including, without limitation, liability to stockholders and the costs of
defending against the imposition of such Taxes and other liabilities) of any member of the Generico Group or the Alpha Group arising from or attributable to one or more of the Transactions, including but not limited to (a) any failure of the
Share Distribution to constitute a tax-free distribution under Section 355 and Section 368(a)(1)(D) of the Code, or (b) any failure of any stock of New Alpha to qualify as “qualified property” within the meaning of
Section 355(c)(2) or Section 361(c)(2) of the Code because of the application of Section 355(d) or Section 355(e) of the Code to the Share Distribution. 
 “Ruling Request” means the ruling request and any other materials (including the attachments and supplemental submissions to the IRS)
delivered or deliverable by the Alpha Parties and others in connection with the issuance by the IRS of the Private Letter Ruling. 
 “Separation Agreement” has the meaning set forth in the second recital. 
 “Share Distribution”
has the meaning set forth in the second recital. 
 “Straddle Period” has the meaning set forth in Section 2.05.

 “Subsidiary” means, when used with respect to any Person, any corporation or other organization, whether incorporated or
unincorporated, at least a majority of the securities or other interests of which having by their terms ordinary voting power to elect a majority of the board of directors or others performing similar functions with respect to such corporation or
other organization is directly or indirectly owned or controlled by such Person or by any one or more of its Subsidiaries, or by such Person and one or more of its Subsidiaries. 
  

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 “Tax” (and, with correlative meaning, “Taxes” and “Taxable”) has the
meaning set forth in the Separation Agreement. 
 “Tax Carryover Attribute” has the meaning specified in Section 2.08.

 “Tax Liability Issue” has the meaning set forth in Section 3.02(b). 
 “Tax Return” means any return, report or similar statement filed or required to be filed with respect to any Tax (including any attached
schedules), including, without limitation, any information return, claim for refund, amended return or declaration of estimated Tax. 
 “Transaction Taxes” has the meaning set forth in Section 2.04(b). 
 ARTICLE II 
 TAX RETURNS, TAX PAYMENTS AND TAX SHARING OBLIGATIONS 
 SECTION 2.01. Obligations to File Tax Returns. 
 (a) Gholdco shall prepare and timely file or
cause to be timely filed all Tax Returns with respect to any member of the Alpha Group or the Generico Group that are due (after taking into account any extensions properly filed) before the Distribution Date. 
 (b) From and after the Distribution Date, Gholdco shall prepare and timely file or cause to be timely filed (i) all Covered Group Returns and
(ii) any Tax Returns that relate solely to the Generico Business (including all Income Tax Returns with respect to one or more members of the Generico Group that do not include any members of the Alpha Group). 
 (c) From and after the Distribution Date, New Alpha shall prepare and timely file or cause to be timely filed any Tax Returns that relate solely to the
Alpha Business (including all Income Tax Returns with respect to one or more members of the Alpha Group that do not include any members of the Generico Group). 
 (d) All Covered Group Returns and all other Tax Returns relating to (i) any member of the Generico Group for Taxable years or periods ending on or before or including the Distribution Date and (ii) any
member of the Alpha Group that are required to be filed by Gholdco pursuant to this Agreement, shall (to the extent permitted by Applicable Laws) be prepared on a basis consistent with the elections, methods of accounting, positions, conventions and
principles of taxation and the manner in which any Tax item or other information is reported as reflected in comparable Tax Returns filed before the date of this Agreement, provided that a different method can be used (x) if it would not
materially increase Taxes for which the Alpha Group would be responsible under this Agreement or (y) with the prior written consent of New Alpha (such consent not to be unreasonably withheld). The preceding sentence shall not apply to the
extent (i) otherwise contemplated or required by the Ruling Request or Private 

  

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Letter Ruling, or (ii) necessary to comply with any change in Applicable Laws. Consent shall not be considered unreasonably withheld within the meaning
of the second preceding sentence if such different method would increase Taxes for which the Alpha Parties would be responsible under this Agreement and for which Gholdco does not compensate the Alpha Parties. Gholdco shall (A) make available
to New Alpha any Tax Return it is responsible for filing pursuant to Section 2.01(a) at least 30 calendar days prior to filing, provided that New Alpha shall supply Gholdco with all information regarding any member of the Alpha Group
necessary for preparing such Return at least 90 calendar days prior to the due date (taking into account any available extensions) for filing such Return, and (B) make reasonable revisions to any such Tax Return that are requested by New Alpha.

 (e) Gholdco, New Alpha, or Alpha, as the case may be, shall bear 100% of out-of-pocket costs, including accountants’ and
attorneys’ fees, incurred in preparing any Tax Returns it is responsible for preparing and filing under Section 2.01. 
 SECTION
2.02. Obligation to Remit Taxes. Gholdco and New Alpha shall each timely remit or cause to be timely remitted any Taxes due in respect of any Tax Return it is required to file or cause to be filed pursuant to Section 2.01.

 SECTION 2.03. Tax Indemnity; Prior Agreements; Refunds. 
 (a) From and after the Distribution Date, the Alpha Parties shall indemnify, defend, and hold harmless the Generico Indemnified Parties from and against,
any and all Indemnifiable Losses incurred or suffered by one or more of the Generico Indemnified Parties in connection with, relating to, arising out of, or due to, directly or indirectly, (i) any Alpha Taxes (including, for the avoidance of
doubt, any Alpha Taxes arising from a redetermination thereof from an audit or examination of a Pre-Distribution Period or Straddle Period); and (ii) any amount for which New Alpha is liable under Section 2.04. Any amount payable by the
Alpha Parties to the Generico Parties with respect to any Tax pursuant to this Section 2.03(a) shall be reduced by any direct or indirect payments made by the Alpha Parties or any Alpha Affiliate with respect to such Tax after the Distribution
Date to any Generico Indemnified Party and by any Prior Payments made by or on behalf of the Alpha Parties. The portion of a Prior Payment that is deemed to be on behalf of the Alpha Parties shall be the portion which bears the same proportion to
the Prior Payment as the portion of Covered Group Taxes to which the Prior Payment relates that constitute Alpha Taxes bears to the amount of Covered Group Taxes to which the Prior Payment relates for the taxable year. As an example, if the amount
of notional Taxes that constitute Alpha Taxes for the period beginning on January 1, 2007 and ending on the Distribution Date was $20X and the amount of notional Taxes that constitute Generico Taxes for the same period was $30X, then 40 percent
of any estimated Tax payments made with respect to that period shall be deemed to have been made on behalf of the Alpha Parties. 
 (b) From
and after the Distribution Date, the Generico Parties shall indemnify, defend, and hold harmless the Alpha Indemnified Parties from and against, any and all 

  

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Indemnifiable Losses incurred or suffered by one or more of the Alpha Indemnified Parties in connection with, relating to, arising out of, or due to,
directly or indirectly, (i) any Generico Taxes (including, for the avoidance of doubt, any Generico Taxes arising from a redetermination thereof from an audit or examination of a Pre-Distribution Period or Straddle Period); and (ii) any
amount for which Gholdco is liable under Section 2.04. Any amount payable by the Generico Parties to the Alpha Parties with respect to any Tax pursuant to this Section 2.03(b) shall be reduced by any direct or indirect payments made by the
Generico Parties or any Generico Affiliate with respect to such Tax after the Distribution Date to any Alpha Indemnified Party and by any Prior Payments made on behalf of the Generico Parties. The portion of a Prior Payment that is deemed to be on
behalf of the Generico Parties shall be the portion which bears the same proportion to the Prior Payment as the portion of Covered Group Taxes to which the Prior Payment relates that constitute Generico Taxes bears to the amount of Covered Group
Taxes to which the Prior Payment relates for the taxable year. 
 (c) Any and all prior Tax sharing agreements or practices between the
Generico Parties or any Gholdco Subsidiary, on the one hand, and the Alpha Parties or any Alpha Subsidiary, on the other hand, shall automatically be terminated as of the Distribution Date (other than any such agreements set forth in the Transaction
Agreements). 
 (d) From and after the Distribution Date, New Alpha shall be entitled to any refund of or credit for Alpha Taxes, provided
that the Generico Parties shall be entitled to receive and retain any refund of Taxes to the extent such refund is attributable to a Tax Carryover Attribute relating to the Generico Business. From and after the Distribution Date, Gholdco shall
be entitled to any refund of or credit for Generico Taxes. 
 SECTION 2.04. Restructuring Taxes; Other Taxes Relating to the Share
Distribution. 
 (a) Except as otherwise provided in Section 4.02(c) and in the next sentence of this Section 2.04(a), the Alpha
Parties shall be liable for 100% of any Restructuring Taxes. The Generico Parties shall be liable for any Restructuring Taxes that are imposed as a result of a Generico Tainting Act. 
 (b) Notwithstanding Section 2.04(a), the Generico Parties shall be liable for 50% and the Alpha Parties shall be liable for 50% of any sales,
transfer, value added or other similar Taxes or fees (including all real estate, transfer Taxes, real estate recording fees, patent, copyright, and trademark recording fees and similar items relating to patents, copyrights and trademarks, but
excluding Restructuring Taxes) payable in connection with the transactions contemplated by the Separation Agreement (the “Transaction Taxes”). The parties agree to timely sign and deliver such certificates or forms as are requested
by the other party and may be necessary or appropriate to enable such party to file promptly and timely the Tax Returns for such Transaction Taxes with the appropriate Taxing authorities and remit payment of the Transaction Taxes. 
  

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 SECTION 2.05. Straddle Periods. 
 (a) The portion of any Covered Group Taxes constituting Alpha Taxes shall be computed on an Alpha Separate Group Basis. The remaining portion of any
Covered Group Taxes shall constitute Generico Taxes. 
 (b) Any Tax (including escheat liability) other than Covered Group Taxes (which Taxes
are addressed in Section 2.05(a) above) shall constitute (i) an Alpha Tax to the extent it relates to the Alpha Business (including any Tax relating to the Alpha Business attributable to a Pre-Distribution Period for which Gholdco is
liable as the “successor” to Alpha for Tax purposes) and (ii) a Generico Tax to the extent it relates to the Generico Business. 
 SECTION 2.06. Pre-Closing vs. Post Closing Issues. 
 (a) Notwithstanding any other provision of this Agreement, any
amount arising by virtue of (i) the exercise after the Distribution Date of any compensatory option to acquire New Alpha Common Stock or Gholdco Common Stock or (ii) the vesting after the Distribution Date of any restricted stock units in
New Alpha or Gholdco shall be deductible by Gholdco, if the holder of such option or restricted stock unit was employed by Gholdco or a subsidiary of Gholdco from the date such option or restricted stock unit was granted through the date of exercise
or vesting, as applicable, and deductible by New Alpha, if the holder of such option or restricted stock unit was employed by New Alpha or a subsidiary of New Alpha from the date such option or restricted stock unit was granted through the date of
exercise or vesting, as applicable, in each case except as otherwise determined by the IRS in the Private Letter Ruling or a Final Determination. 
 (b) To the extent required by Applicable Laws, the Taxable year of each member of the Alpha Group shall close at the close of the Distribution Date and the Taxable income of such year for Income Tax purposes shall be computed taking into
account the principles of Treasury Regulation Section 1.1502-76(b) or of a corresponding provision under the laws of an applicable state, local, municipal or foreign jurisdiction, except that no “ratable allocation election” for
extraordinary items as defined thereunder will be made. 
 SECTION 2.07. Tax Attributes. 
 (a) Tax benefit carryforwards to Post-Distribution Periods, including net operating loss carryforwards, net capital loss carryforwards, foreign Tax credit
carryforwards and research and development credit carryforwards shall be computed and allocated between the Alpha Business and the Generico Business based on the group that generated such item, except to the extent otherwise provided under
Applicable Laws. To the extent that a Tax benefit relates to the Alpha Business but cannot as a matter of law be so allocated, the amount of such Tax benefit shall reduce any payment obligation of 

  

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the Alpha Parties under this Agreement. To the extent that the amount of any such Tax benefit exceeds any payment obligation of the Alpha Parties under this
Agreement, the Generico Parties shall pay the amount of such excess to the Alpha Parties when a benefit from such Tax benefit is realized. 
 (b) The allocation of earnings and profits between Alpha and the Generico Parties shall be reasonably determined by New Alpha pursuant to Section 312(h) of the Code and the Treasury Regulations promulgated thereunder within six months
of the Distribution Date. 
 SECTION 2.08. Carryback Provisions. Unless the parties otherwise agree in writing, the Alpha
Parties and the Generico Parties shall elect and shall cause each of the Alpha Subsidiaries or Generico Subsidiaries to elect, where permitted by Applicable Laws, to carry forward any loss, credit or similar Tax attribute arising in a
Post-Distribution Period, with respect to a Covered Group Return (“Tax Carryover Attribute”) that could, in the absence of such election, be carried back to a Pre-Distribution Period. Any refund or credit of Taxes resulting from the
required carryback to a Covered Group Return of any Tax Carryover Attribute attributable to the Alpha Business arising in a Post-Distribution Period shall be for the account and benefit of New Alpha; provided, however, that Gholdco shall only
be required to pay such amount to New Alpha at the time such amount is actually realized in cash, credit, refund or offset by the Generico Group after taking into account (i) all other Tax attributes of the Affiliated Group and (ii) any
carryback of any Tax Carryover Attribute attributable to the Generico Business. Any refund, credit or offset of Taxes resulting from the carryback of any Tax Carryover Attribute attributable to the Generico Business arising in a Post-Distribution
Period shall be for the account and benefit of Gholdco. If a member of the Alpha Group recognizes a Tax Carryover Attribute that, under Applicable Laws, must be carried back to a Pre-Distribution Period during which Alpha or any Alpha Subsidiary
joined in filing a Tax Return on a consolidated, combined, or unitary basis with one or more of Gholdco, Generico or any Gholdco Subsidiary, Gholdco shall, at the expense of New Alpha, file appropriate refund claims within a reasonable period after
being requested by New Alpha to do so, unless such filing shall materially adversely affect the liability or any attributes of the Generico Parties or any of their Affiliates under this Agreement (including the ability of any member of the Generico
Group to carry back a Tax attribute), in which case such filing shall be subject to Gholdco’s prior written consent (such consent not to be unreasonably withheld). If a refund claim for which the Alpha Parties have received payment from the
Generico Parties is subsequently disallowed by the relevant Governmental Entity, the Alpha Parties shall promptly return such payment to the Generico Parties together with any interest, penalties and additions to Tax resulting from such
disallowance. 
 SECTION 2.09. General Tax Payments. With respect to any Taxes for which one party (the “Liable
Party”) is liable under Article II and that are to be remitted in connection with Tax Returns to be filed by the other party (the “Filing Party”) after the Distribution Date, the Liable Party shall make any payment of
estimated Taxes no later than the fifth day after receipt of written request (but not before the fifth date preceding 

  

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the due date for such payment) from the Filing Party setting forth the Filing Party’s good faith estimate of the Liable Party’s portion of the
estimated Taxes to be remitted. Promptly after the date that the Tax Return for the Taxable period is due (including extensions), the Filing Party shall provide a written request to the Liable Party describing in reasonable detail the amount of any
true-up payment owed to the Filing Party and to be made by the Liable Party or any true-up payment owed by the Filing Party to the Liable Party as a result of an overpayment by the Liable Party. A true-up payment shall be made no later than fifteen
(15) days after receipt of the written request for the true-up payment. 
 SECTION 2.10. Other Payments. Other payments
due to a party under Article II shall be due (a) in the case of the receipt or crediting of a refund, five (5) days after such receipt or crediting and (b) in the case of a Final Determination, or the completion of an audit,
assessment or examination or similar event, two (2) days prior to the date payment is to be made to the Governmental Entity. In the case of a delay in payment, the party required to have made payment shall pay interest to the other party at a
rate equal to the prime rate of Citibank, N.A. in effect on the date such payment was required to be made plus 2%. 
 SECTION 2.11.
Payment Failures. If any party required to make a payment hereunder fails to make such payment when required by this Agreement (or, if no required time period is specified, within 10 Business Days of written request by the party to whom the
payment is due), the amount due shall bear interest at a rate equal to the prime rate of Citibank, N.A. in effect on the date such payment was required to be made plus 2%. 
 SECTION 2.12. Notice. Gholdco and New Alpha shall give each other prompt written notice of any payment that may be due under this
Agreement, provided that any failure to notify shall not cause any party to forfeit substantive rights, except to the extent the other party is materially prejudiced thereby. Any payment that may be due under this Agreement is to be made by
wire transfer of immediately available funds to the account designated by Gholdco or New Alpha in such notice or by any other method as shall be agreed upon by Gholdco and New Alpha. 
 SECTION 2.13. Amended Tax Returns. From and after the Distribution Date, the Generico Parties shall not, and shall not permit any of their
Affiliates to, file any amended Tax Return for any Pre-Distribution Period or Straddle Period without the prior written consent of New Alpha (such consent not to be unreasonably withheld) unless such amended Tax Return does not materially adversely
affect the liability or any attributes of the Alpha Parties or any of their Affiliates under this Agreement or the Separation Agreement (including the ability of New Alpha to carry back a Tax Carryover Attribute in accordance with
Section 2.08). 
 SECTION 2.14. Combined Tax Returns. From and after the Distribution Date, if the Generico Parties and
the Alpha Parties shall be required to file a combined Tax Return in California (a “Combined Return”), (i) Gholdco shall prepare and timely 

  

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file or cause to be timely filed such Combined Return; (ii) Gholdco shall timely remit or cause to be timely remitted any Taxes due in respect of such
Combined Return; and (iii) the respective liability of each of the parties with respect to the Taxes due in respect of such Combined Return shall be determined in accordance with Cal. Code Regs., tit. 18, § 25106.5. The amount of the
respective liability of the Alpha Parties shall be Alpha Taxes and the amount of the respective liability of the Generico Parties shall be Generico Taxes. 
 ARTICLE III 
 TAX AUDITS 
 SECTION 3.01. Controlling Party. Except as otherwise provided in this Agreement, Gholdco shall be the Controlling Party with respect to any
Covered Group Tax relating to the Generico Business and New Alpha shall be the Controlling Party for any Covered Group Taxes relating to the Alpha Business. The Controlling Party with respect to any Covered Group Tax shall have the right to control
the conduct and disposition of all audits or other proceedings with respect to such Covered Group Tax, provided that New Alpha shall (subject to the other provisions of this Agreement) have the right to conduct and lead any audit or other
proceedings relating to any Restructuring Taxes, unless such Restructuring Taxes are imposed as a result of a Generico Tainting Act, in which case the Alpha Parties and the Generico Parties shall jointly control the conduct and disposition of any
audit or other proceedings with respect to such Restructuring Taxes, at the expense of the Generico Parties. 
 SECTION 3.02. Tax
Contest Procedures. The Controlling Party shall have the right, in the Controlling Party’s reasonable discretion, to resolve, settle or agree to any deficiency, claim or adjustment proposed, asserted or assessed in connection with or as a
result of any Tax controversy, including (without limitation) any audit, protest, or claim for refund, competent authority proceeding and litigation in Tax Court or any other court of competent jurisdiction (a “Tax Controversy”),
with respect to any Taxes for which the Controlling Party is responsible as set forth in Section 3.01. Such control rights shall extend to any matter pertaining to the management and control of a Tax Controversy, including execution of waivers,
choice of forum, scheduling of conferences and the resolution of any Tax Item and the non-Controlling Party shall issue to the Controlling Party any powers of attorney or consents as are necessary to permit the Controlling Party to exercise such
rights. Any costs incurred in the handling or contesting of a Tax Controversy shall be borne by the Controlling Party. 
 ARTICLE IV 

 COOPERATION 
 The
following provisions shall apply from and after the Distribution Date. 
 SECTION 4.01. Inconsistent Actions. Each party hereto
agrees to, and to cause each of its Affiliates to, (a) report the Alpha Merger as a tax-free reorganization 

  

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within the meaning of Section 368(a)(1)(F) of the Code, the Alpha Contribution followed by the Share Distribution as a tax-free reorganization within
the meaning of Section 368(a)(1)(D) of the Code, and the Share Distribution as a distribution qualifying for nonrecognition under Sections 355(a) and 361(c) of the Code on all Tax Returns and other filings, and (b) comply with and take no
action inconsistent with the representations and covenants provided to the IRS in connection with obtaining the Private Letter Ruling, and (c), for the Restricted Period, not fail to be engaged in the conduct of the active trade or businesses relied
upon for purposes of satisfying the requirements of Section 355(b) of the Code for purposes of the Private Letter Ruling. For all Post-Distribution Periods, each party to this Agreement agrees to, and to cause each of its Affiliates to, in the
absence of a controlling change in Applicable Laws or circumstances, report on all Tax Returns the Tax consequences of the transactions undertaken pursuant to the Transaction Agreements in accordance with the positions taken with respect to such
transactions to the extent reported on Covered Group Returns filed in respect of such transactions. 
 SECTION 4.02. Prohibited
Acts. 
 (a) For 24 months following the Distribution Date (the “Restricted Period”), each of the Generico Parties and
their Affiliates, on the one hand, and each of the Alpha Parties and its Affiliates, on the other hand, agree that they will not (i) redeem or otherwise repurchase any capital stock of Gholdco or New Alpha other than pursuant to open market
stock repurchase programs meeting the requirements of Section 4.05(1)(b) of Rev. Proc. 96-30, 1996-1 C.B. 696, or (ii) enter into any agreements or arrangements with respect to transactions or events (including, but not limited to, capital
contributions or acquisitions, entering into any partnership or joint venture arrangements, stock issuances, stock acquisitions, option grants, or a series of such transactions or events (but excluding the Share Distribution)), in the case of each
of clauses (i) and (ii) above that, if considered part of a plan that includes the Share Distribution would result in one or more Persons acquiring, directly or indirectly, stock of Gholdco or New Alpha representing a “50-percent or
greater interest” therein within the meaning of Section 355(d)(4) of the Code (any act inconsistent with the acts described in Section 4.01 hereof and any act described in clauses (i) and (ii) above, collectively, the
“Prohibited Acts”). Notwithstanding the foregoing, the following shall not be considered a Prohibited Act: (v) the issuance of any compensatory options by Gholdco, (w) the issuance of any Gholdco stock pursuant to any
Gholdco compensatory option or restricted stock unit, and (x) the repurchase of any Gholdco restricted stock, in each case described in clauses (v), (w) and (x), if such action satisfies the conditions of Treasury Regulation §
1.355-7(d)(8)(i), and (y) the issuance of stock to a retirement plan qualified under Section 401(a) or 403(a) of the Code in a transaction that satisfies the requirements of Treasury Regulation Section 1.355-7(d)(9). For the avoidance
of doubt, any issuance of additional equity or rights to acquire new equity by Gholdco to new investors during the Restricted Period shall be considered a Prohibited Act. 
 (b) Notwithstanding the foregoing, a party may take any of the Prohibited Acts, subject to Section 2.04, if, (i) in the case of the Alpha Parties and their Affiliates, (A) New Alpha first obtains (at
its expense) an opinion in form and substance reasonably 

  

 13 

 
acceptable to Gholdco of Fried, Frank, Harris, Shriver & Jacobson LLP or another nationally recognized law firm or “big four” accounting
firm reasonably acceptable to Gholdco, which opinion may be based on usual and customary factual representations, or (B) at New Alpha’s request, Gholdco (at New Alpha’s expense) obtains a supplemental ruling from the IRS, or,
(ii) in the case of Gholdco and its Affiliates, (A) Gholdco first obtains (at its expense) an opinion in form and substance reasonably acceptable to New Alpha of a nationally recognized law firm or “big four” accounting firm
reasonably acceptable to New Alpha, which opinion may be based on usual and customary factual representations or (B) Gholdco (at its expense) obtains a supplemental ruling from the IRS, in each case that such Prohibited Act(s), and any
transaction related thereto, will not affect any of the conclusions set forth in the Private Letter Ruling, including (i) the qualification of the Share Distribution under Section 355 and Section 368(a)(1)(D) of the Code, and
(ii) the nonrecognition of gain to Gholdco in the Share Distribution. A party may also take any of the Prohibited Acts, subject to Section 2.04, with the written consent of the other party in the other party’s sole and absolute
discretion. During the Restricted Period, the parties shall provide, and shall cause their respective Affiliates to provide, all information reasonably requested by the other party relating to any transaction involving an acquisition (directly or
indirectly) of that party’s stock within the meaning of Section 355(e) of the Code. The parties hereto agree that the payment of monetary compensation would not be an adequate remedy to a breach of the obligations described in the
Prohibited Acts, and each party consents to the issuance and entry of an injunction to prevent a breach of the obligations contained in the Prohibited Acts, subject to the waiver and consent described in the preceding sentence. New Alpha represents
that, to its knowledge, from the date of this Agreement until the time of the Share Distribution, and except as contemplated by the Transaction Agreements, there will be no agreement, understanding, arrangement or substantial negotiations by Gholdco
(or any of its Subsidiaries) concerning any acquisition of Gholdco stock for purposes of applying Treas. Reg. § 1.355-7(d)(3) and an opinion and/or ruling obtained in accordance with Section 4.02(b)(ii) may assume the accuracy of such
representation. 
 (c) Notwithstanding anything in this Agreement to the contrary, a party shall be responsible for, and shall indemnify the
other party and hold the other party harmless from, any Restructuring Taxes resulting from any Prohibited Act taken by such party or any of their Affiliates, regardless of whether the exception contained in Section 4.02(b) is satisfied with
respect to such act. 
 SECTION 4.03. Cooperation with Respect to Tax Return Filings, Examinations and Tax Related Controversies.
In addition to any obligations imposed pursuant to the Separation Agreement, each party shall fully cooperate with the other party and its representatives, in a prompt and timely manner, in connection with (i) the preparation and filing of
and (ii) any inquiry, audit, redetermination, examination, investigation, dispute, or litigation involving, any Tax Return required to be filed by such other party pursuant to this Agreement. Such cooperation shall include, but not be limited
to, (A) the execution and delivery to such other party of any power of attorney required to allow such other party and its counsel to participate in or control any inquiry, audit or other administrative proceeding and to assume the defense or
prosecution, as the case may be, of any suit, action or proceeding pursuant to the terms of and subject to the 

  

 14 

 
conditions set forth in Article III, and (B) making available, during normal business hours, and within 15 days of any written request therefor, all
books, records and information, and the assistance of all officers and employees, necessary or useful in connection with the preparation of any Tax return or any Tax inquiry, audit, redetermination, examination, investigation, dispute, litigation or
any other matter. Any recoveries by the Generico Parties, the Alpha Parties, or any of their respective Affiliates against third parties (including awards for damages) relating to Restructuring Taxes shall be shared and allocated by the parties
consistently with the allocation of the underlying Restructuring Taxes. 
 ARTICLE V 
 RETENTION OF RECORDS; ACCESS 
 The
Alpha Group and the Generico Group shall retain all Information in accordance with Section 6.04 of the Separation Agreement. At or prior to the Distribution Date, Alpha shall make available to Gholdco to copy all consolidated, combined and
unitary Tax Returns of the Affiliated Group and all notes, workpapers, correspondence and other records related thereto. 
 ARTICLE VI 

 DISPUTES 
 From and
after the Distribution Date, if New Alpha and Gholdco cannot agree on the calculation of any liability under this Agreement, or the interpretation or application of any provision under this Agreement, either party may provide to the other party
written notice of intent to invoke the dispute resolution procedures of this Article VI. Within 10 days following the receipt of such written notice, New Alpha and Gholdco shall jointly retain a nationally recognized law firm or “big four”
accounting firm, which firm is independent of both parties (the “Independent Firm”), to resolve the dispute. If the parties cannot jointly agree on an Independent Firm to resolve the dispute within the 10 day period, then each party
shall select a nationally recognized law firm or “big four” accounting firm, which firm is independent of both parties, and both law or accounting firms shall jointly select an Independent Firm which shall make the determination under this
Article VI. The Independent Firm shall act as an arbitrator to resolve all points of disagreement and its decision shall be final and binding upon all parties involved. The Independent Firm shall determine the appropriate outcome based upon this
Agreement with respect to each disputed item. The Independent Firm shall have 90 days from the date that it is selected in which to make such determinations, unless New Alpha and Gholdco mutually agree on an extension of such period or the
Independent Firm, in its discretion, determines that an extension of such period is warranted by exceptional circumstances. New Alpha and Gholdco shall provide the Independent Firm with such information or documentation as the Independent Firm deems
in its discretion to be necessary for it to make the determinations requested of it. Any determination by the 

  

 15 

 
Independent Firm shall be in writing. Following the decision of the Independent Firm, New Alpha and Gholdco shall each take or cause to be taken any action
necessary to implement the decision of the Independent Firm. The fees and expenses relating to the Independent Firm shall be borne by the party that such Independent Firm determines has lost the dispute. Notwithstanding the foregoing, this Article
VI shall not apply to any dispute arising under Section 2.04 or 4.02(c) with respect to the respective liability of the parties in the event Restructuring Taxes are imposed. 
 ARTICLE VII 
 SURVIVAL OF LIABILITIES 
 Notwithstanding any other provision in this Agreement, any liabilities under this Agreement shall survive for 60 days following any applicable statute of
limitation; provided, however, that each party may continue to demand the full amount of payment to be made with respect to any such liabilities under this Agreement and such liabilities shall continue to survive until paid in full in
accordance with this Agreement. 
 ARTICLE VIII 
 MISCELLANEOUS 
 SECTION 8.01. Entire Agreement; Construction. This Agreement, the
Separation Agreement, and the Ancillary Agreements, including any annexes, schedules and exhibits hereto or thereto, and other agreements and documents referred to herein and therein, will together constitute the entire agreement between the parties
with respect to the subject matter hereof and thereof and will supersede all prior negotiations, agreements and understandings of the parties of any nature, whether oral or written, with respect to such subject matter. Notwithstanding any other
provisions in this Agreement to the contrary, in the event and to the extent that there is a conflict relating to Taxes between the provisions of this Agreement and the provisions of the Separation Agreement or any other Ancillary Agreements the
provisions of this Agreement shall control. 
 SECTION 8.02. Survival of Agreements. Except as otherwise contemplated by this
Agreement, all covenants and agreements of the parties contained in this Agreement will remain in full force and effect and survive the Distribution Date. 
 SECTION 8.03. Governing Law. This Agreement will be governed by and construed in accordance with the laws of the State of Delaware (without giving effect to choice of law principles thereof). 

SECTION 8.04. Notices. All notices and other communications hereunder shall be in writing and shall be deemed duly given (i) on the
date of delivery if delivered personally, (ii) upon confirmation of receipt if delivered by telefacsimile, (iii) on the first Business Day following the date of dispatch if delivered by a recognized next-day courier service or
(iv) when received if delivered by registered or certified mail, return receipt 

  

 16 

 
requested, postage prepaid. All notices hereunder shall be delivered as set forth below, or pursuant to such other instructions as may be designated in
writing by the party to receive such notice: 
  

	 	(a)	If to New Alpha or Alpha, or prior to the Share Distribution, Generico or Gholdco: 

 Abraxis BioScience, Inc. 
 11755 Wilshire Boulevard 
 Suite 2000 
 Los Angeles, CA 90025 

Fax: (310) 883-3138 
 Attention:
General Counsel 
 with a copy to 
 Fried, Frank, Harris, Shriver & Jacobson LLP 
 1001 Pennsylvania Avenue, NW – Suite 800 
 Washington, DC 20004 
 Fax: (202) 639-7003

 Attention: Alan S. Kaden 
  

	 	(b)	If to Gholdco or Generico, to: 

 APP Pharmaceuticals, Inc.,

 1501 East Woodfield Road, Suite 300E 
 Schaumburg, Illinois 60173 
 Fax: (847) 413-2652 
 Attention: President 
 or to such other persons or addresses as may be designated in writing by the party to receive such
notice as provided above. 
 SECTION 8.05. Payments. Any payment that may be due under this Agreement is to be made by wire
transfer of immediately available funds to the account designated by the Alpha Parties or the Generico Parties in such notice or by any other method as shall be agreed upon by the Alpha Parties and the Generico Parties. 
 SECTION 8.06. Consent to Jurisdiction. Each of the Generico Parties and the Alpha Parties irrevocably agrees that any legal action or
proceeding with respect to this Agreement, the transactions contemplated hereby, any provision hereof, the breach, performance, validity or invalidity hereof or for recognition and enforcement of any judgment in respect hereof brought by another
party hereto or its successors or permitted assigns may be brought and determined in any federal or state court located in the State of Delaware, and each of the Generico Parties and the Alpha Parties hereby irrevocably submits with regard to any
such action or proceeding for themselves and in respect to their property, generally and unconditionally, to the exclusive jurisdiction of the aforesaid courts. Each of the Generico Parties and the Alpha Parties hereby irrevocably waives, and agrees
not to assert, by way of motion, as a defense, counterclaim or otherwise, in 

  

 17 

 
any action or proceeding with respect to this Agreement, the transactions contemplated hereby, any provision hereof or the breach, performance, enforcement,
validity or invalidity hereof, (a) any claim that it is not personally subject to the jurisdiction of the above-named courts for any reason other than the failure to lawfully serve process, (b) that it or its property is exempt or immune
from jurisdiction of any such court or from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) and (c) to
the fullest extent permitted by Applicable Laws, that (i) the suit, action or proceeding in any such court is brought in an inconvenient forum, (ii) the venue of such suit, action or proceeding is improper and (iii) this Agreement, or
the subject matter hereof, may not be enforced in or by such courts. 
 SECTION 8.07. Amendments. This Agreement cannot be
amended except by a written agreement executed by New Alpha and Gholdco. 
 SECTION 8.08. Assignment. No party to this
Agreement will (or permit any of the members of its Group to) convey, assign or otherwise transfer any of its rights or obligations under this Agreement, in whole or in part, without the prior written consent of the other parties in their sole and
absolute discretion; provided that the Generico Parties may assign this Agreement and all of their rights hereunder to their lenders and debt providers for collateral security purposes. Any conveyance, assignment or transfer requiring the
prior written consent of the other parties pursuant to this Section 8.08 that is made without such consent will be void ab initio. No assignment of this Agreement will relieve the assigning party of its obligations hereunder. This Agreement
shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. The obligations of New Alpha and Alpha under this Agreement shall be binding upon any Person that acquires all or
substantially all the assets or stock of New Alpha, whether by merger, amalgamation or consolidation, asset purchase, stock purchase or subscription or otherwise, and New Alpha shall not enter into any agreement for any such transaction that does
not so expressly provide in writing. The obligations of Generico and Gholdco under this Agreement shall be binding upon any Person that acquires all or substantially all the assets or stock of Gholdco, whether by merger, amalgamation or
consolidation, asset purchase, stock purchase or subscription or otherwise, and Gholdco shall not enter into any agreement for any such transaction that does not so expressly provide in writing. 
 SECTION 8.09. Captions; Currency. The article, section and paragraph captions herein and the table of contents hereto are for convenience
of reference only, do not constitute part of this Agreement and will not be deemed to limit or otherwise affect any of the provisions hereof. Unless otherwise specified, all references herein to numbered articles or sections are to articles and
sections of this Agreement and all references herein to schedules are to schedules to this Agreement. Unless otherwise specified, all references contained in this Agreement, in any schedule referred to herein or in any instrument or document
delivered pursuant hereto to dollars or “$” shall mean United States Dollars. 
  

 18 

 SECTION 8.10. Severability. If any provision of this Agreement or the application thereof
to any Person or circumstance is determined by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions hereof, or the application of such provision to Persons or circumstances other than those as to which it
has been held invalid or unenforceable, will remain in full force and effect and will in no way be affected, impaired or invalidated thereby. If the economic or legal substance of the transactions contemplated hereby is affected in any manner
adverse to any party as a result thereof, the parties will negotiate in good faith in an effort to agree upon a suitable and equitable substitute provision to effect the original intent of the parties. 
 SECTION 8.11. Parties in Interest. This Agreement is binding upon and is for the benefit of the parties hereto and their respective
successors and permitted assigns. This Agreement is not made for the benefit of any Person not a party hereto, and no Person other than the parties hereto or their respective successors and permitted assigns will acquire or have any benefit, right,
remedy or claim under or by reason of this Agreement. 
 SECTION 8.12. Schedules. All schedules attached hereto are hereby
incorporated in and made a part of this Agreement as if set forth in full herein. Capitalized terms used in the schedules hereto but not otherwise defined therein will have the respective meanings assigned to such terms in this Agreement.

 SECTION 8.13. Waivers; Remedies. Any agreement on the part of a party hereto to waive the performance by the other party of
any of its covenants hereunder shall be valid only if set forth in a written instrument signed on behalf of such party. No failure or delay on the part of either the Generico Parties or the Alpha Parties in exercising any right, power or privilege
hereunder will operate as a waiver thereof, nor will any waiver on the part of either the Generico Parties or the Alpha Parties of any right, power or privilege hereunder operate as a waiver of any other right, power or privilege hereunder, nor will
any single or partial exercise of any right, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power or privilege hereunder. 
 SECTION 8.14. Counterparts. This Agreement may be executed in separate counterparts, each such counterpart being deemed to be an original
instrument, and all such counterparts will together constitute the same agreement. 
 SECTION 8.15. Performance. The Generico
Parties will cause to be performed and hereby guarantee the performance of all actions, agreements and obligations set forth herein to be performed by any of their Subsidiaries. The Alpha Parties will cause to be performed and hereby guarantee the
performance of all actions, agreements and obligations set forth herein to be performed by any of their Subsidiaries. 
 SECTION 8.16.
Enforcement. The parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms. It is accordingly agreed that the parties shall be
entitled to pursue specific performance of the terms hereof, this being in addition to any other remedy to which they are entitled at law or in equity. 
  

 19 

 SECTION 8.17. Interpretation. Any reference herein to any federal, state, local, or foreign
law shall be deemed also to refer to all rules and regulations promulgated thereunder, unless the context requires otherwise. For the purposes of this Agreement, (a) words in the singular shall be held to include the plural and vice versa and
words of one gender shall be held to include the other gender as the context requires, (b) the terms “hereof”, “herein”, and “herewith” and words of similar import shall, unless otherwise stated, be construed to
refer to this Agreement as a whole and not to any particular provision of this Agreement and (c) the word “including” and words of similar import when used in this Agreement shall mean “including, without limitation”.

 SECTION 8.18. Mutual Drafting. This Agreement shall be deemed to be the joint work product of the Generico Parties and the
Alpha Parties and any rule of construction that a document shall be interpreted or construed against a drafter of such document shall not be applicable. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 
  

 20 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized representatives.

  

			
	 ABRAXIS BIOSCIENCE, INC. (f/k/a
 GENERICO HOLDINGS, INC.)

		
	 By:
	 	  

	 Name:
	 	
	 Title:
	 	
	
	 GENERICO, LLC

		
	 By:
	 	  

	 Name:
	 	
	
	 NEW ABRAXIS, LLC

		
	 By:
	 	  

	 Name:
	 	
	 Title:
	 	
	
	 NEW ABRAXIS, INC.

		
	 By:
	 	  

	 Name:
	 	
	 Title:
	 	

  

 21Form of Transition Services Agreement

 Exhibit 10.3 
 FORM OF 
 TRANSITION SERVICES AGREEMENT 
 THIS TRANSITION SERVICES AGREEMENT (this “Agreement”) is entered into as of
            , 2007 (the “Effective Date”), between ABRAXIS BIOSCIENCE, INC., a Delaware corporation formerly known as New Abraxis, Inc.
(“New Alpha”), and APP PHARMACEUTICALS, INC., a Delaware corporation formerly known as Generico Holdings, Inc. and Abraxis BioScience, Inc. (“Gholdco”). 
 Unless otherwise provided, all cross references to Sections, Articles and Exhibits used herein shall refer to Sections, Articles and Exhibits of this
Agreement. 
 RECITALS 
 WHEREAS, New Alpha, Gholdco and certain other parties have entered into a Separation and Distribution Agreement, dated as of the date hereof (the “Separation Agreement”), pursuant to which Gholdco and New
Alpha will become separate companies with Gholdco and its Subsidiaries operating the Generico Business (both as defined in the Separation Agreement) and New Alpha and its Subsidiaries operating the Alpha Business (as defined in the Separation
Agreement) (each a “Business” and collectively the “Businesses”); and 
 WHEREAS, the
parties to the Separation Agreement agreed to enter into a transition services agreement, substantially in the form hereof, to ensure that New Alpha and Gholdco and their respective Subsidiaries obtain certain support and administrative services for
the purpose of assisting each other to manage an orderly separation of the Businesses; 
 NOW, THEREFORE, the parties hereto agree as
follows: 
 ARTICLE I 
 DEFINITIONS 
 1.1 Certain Definitions. As used in this Agreement, the following terms shall have the meanings set
forth below: 
 “Gholdco Services” shall mean the Services identified in Exhibit B. 
 “New Alpha Services” shall mean the Services identified in Exhibit A. 
 “Service” shall mean, as applicable, a service included in the Gholdco Services or New Alpha Services. Each service for which
there is a separate itemized price in Exhibit A or Exhibit B shall be considered a separate Service. 
 1.2 Other Terms.
Except as otherwise defined herein, all other capitalized terms used in this Agreement shall have the same meanings given to such terms in the Separation Agreement. 

 ARTICLE II 
 SERVICES 
 2.1 Provision of New Alpha Services by New Alpha. New Alpha or its
Subsidiaries shall use commercially reasonable efforts to provide, or cause to be provided to, Gholdco and its Subsidiaries each of the New Alpha Services in a manner consistent with the manner in which such New Alpha Services were provided by
Abraxis BioScience, Inc. (“Abraxis”) and its Subsidiaries prior to the Effective Date (but not including any historical preference or priority given to New Alpha’s products as compared with Gholdco’s products) and
consistent with New Alpha and its Subsidiaries’ provision of such Services for its own business. Except as otherwise provided on Exhibit A, New Alpha Services shall be provided until such date as this Agreement specifies or, with regards
to any specific New Alpha Service, such specific New Alpha Service is terminated in accordance with the terms of Article VI. 
 2.2
Provision of Gholdco Services by Gholdco. Gholdco or its Subsidiaries shall use commercially reasonable efforts to provide, or cause to be provided to, New Alpha and its Subsidiaries each of the Gholdco Services in a manner consistent
with the manner in which such Gholdco Services were provided by Abraxis and its Subsidiaries prior to the Effective Time (but not including any historical preference or priority given to New Alpha’s products as compared with Gholdco’s
products) and consistent with Gholdco and its Subsidiaries’ provision of such Services for its own business. Except as otherwise provided on Exhibit B, Gholdco Services shall be provided until such date as this Agreement specifies or,
with regards to any specific Gholdco Service, such specific Gholdco Service is terminated in accordance with the terms of Article VI. 
 2.3 Cooperation. The parties acknowledge and agree that: (a) it is impracticable to create an exhaustive list of Services needed to facilitate an orderly transition of the Businesses and, accordingly, Exhibits A and
B present general outlines of the scope of the Services to be provided by the parties; and (b) the parties will act in good faith and reasonably cooperate with one another during the term hereof to facilitate an orderly transition of the
Businesses. 
 ARTICLE III 
 PAYMENT FOR SERVICES 
 3.1 Pricing. Each New Alpha Service provided by New Alpha or its Subsidiaries shall be charged
to and payable by Gholdco or its Subsidiaries at the fees for such Service determined in accordance with Exhibit A. Each Gholdco Service provided by Gholdco or its Subsidiaries shall be charged to and payable by New Alpha or its Subsidiaries
at the monthly fees for such Service determined in accordance with Exhibit B. Any fees shall be prorated during the first month and last month (as applicable) the Services are provided. 
 3.2 Billing and Payment. Charges for each of the Services provided shall be billed on a monthly basis by the party providing the Service. Such
charges shall reflect the actual costs incurred by the party in providing the Services. The party receiving a Service shall remit the amount specified in any such bill within thirty (30) calendar days after its receipt thereof. Any amount not
paid when due shall bear a late payment charge at a rate of ten percent (10%) per annum after the due date and until paid. 
  

 2 

 3.3 Disputes. In the event a dispute arises concerning a Service or payment of such Service, the
parties must meet and attempt in good faith to resolve the dispute in accordance with the following procedure. Prior to filing a lawsuit, seeking relief in some other forum or withholding payment for a Service, a party must first notify the other
party of the dispute by submitting in writing an outline of its position regarding the dispute, attaching relevant documentation to support its position and requesting a meeting with the other party within thirty (30) days of such notice. In
response, the other party shall submit to that party an outline of its position, attaching relevant documentation to support its position, within thirty (30) days of its receipt of such notice. Responsible, authorized employees from each party
shall then meet and attempt in good faith to resolve the dispute for at least thirty (30) days. If the dispute is not resolved within such thirty (30) day period, then the party that originally raised the dispute may file a lawsuit.

 ARTICLE IV 
 WARRANTIES AND
LIABILITIES 
 4.1 Level of Performance. Each party shall use commercially reasonable efforts to provide the Services
(i) consistent with the manner in which such Services were provided by Abraxis and its Subsidiaries prior to the Effective Date (but not including any historical preference or priority given to New Alpha’s products as compared with
Gholdco’s products) and consistent with such party’s provisions of such Services for its own business, (ii) subject to Section 5.3, using substantially the same resources as were used by Abraxis to provide such Services with
respect to the Businesses prior to the Effective Date and (iii) in accordance with the policies, procedures and practices in effect with respect to the Businesses prior to the Effective Date, with such modifications after the Effective Date as
are reasonably acceptable to both parties. 
 4.2 Disclaimer of All Other Warranties. EXCEPT AS EXPRESSLY PROVIDED IN SECTION 4.1,
EACH PARTY MAKES NO REPRESENTATIONS OR WARRANTIES (INCLUDING WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE) OR GUARANTIES OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO ANY SERVICES (OR ANY SERVICES PROVIDED BY THIRD PARTIES
WITH WHOM A PARTY CONTRACTS IN CONNECTION WITH THE PERFORMANCE OF THE SERVICES) PROVIDED TO THE OTHER PARTY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY EXHIBITS HEREOF. 
 4.3 Indemnification. 
 (a) New Alpha
shall, to the full extent permitted by law, indemnify, defend and hold harmless Gholdco, its Subsidiaries, Affiliates, officers, directors, employees, agents (the “Gholdco Indemnified Parties”) and assigns against all claims,
liabilities, damages, losses or expenses (“Damages”) that arise out of (i) New Alpha’s gross negligence, bad faith, intentional misconduct or intentional breach of this Agreement, (ii) any claim by any Person
who is not a party to this Agreement (or an Affiliate thereof) 

  

 3 

 
(a “Third Party Claim”) relating to or arising out of Gholdco’s performance of this Agreement and not resulting from
Gholdco’s gross negligence, bad faith, intentional misconduct or intentional breach of this Agreement, or (iii) any Third Party Claim relating to or arising out of Gholdco’s performance of this Agreement to the extent the aggregate
liability to such persons exceeds the limitation in Section 4.4(b), in each case, including but not limited to settlements, judgments, court costs, attorneys’ fees and other litigation expenses, fines and penalties; provided, however,
that, except as set forth in clause (iii) of this Section 4.3(a), New Alpha shall not indemnify, defend or hold harmless any Gholdco Indemnified Party against any liability resulting from the gross negligence, bad faith or intentional
misconduct of, or intentional breach of this Agreement by, any Gholdco Indemnified Party in the performance of this Agreement, or against liability under clause (i) above if New Alpha’s gross negligence or willful misconduct results in
liability, damage, loss or expense to both New Alpha’s and Gholdco’s business. 
 (b) Gholdco shall, to the full extent permitted
by law, indemnify, defend and hold harmless New Alpha, its Subsidiaries, Affiliates, officers, directors, members, employees, agents (the “New Alpha Indemnified Parties”) and assigns against all Damages that arise out of
(i) Gholdco’s gross negligence, bad faith, intentional misconduct or intentional breach of this Agreement, (ii) any Third Party Claim relating to or arising out of New Alpha’s performance of this Agreement and not resulting from
New Alpha’s gross negligence, bad faith, intentional misconduct or intentional breach of this Agreement or (iii) any Third Party Claim relating to or arising out of New Alpha’s performance of this Agreement to the extent the aggregate
liability to such persons exceeds the limitation in Section 4.4(c), in each case, including but not limited to settlements, judgments, court costs, attorneys’ fees and other litigation expenses, fines and penalties; provided,
however, that, except as set forth in clause (iii) of this Section 4.3(b), Gholdco shall not indemnify, defend or hold harmless any New Alpha Indemnified Party against any liability resulting from the gross negligence, bad faith or
intentional misconduct of, or intentional breach of this Agreement by, any New Alpha Indemnified Party in the performance of this Agreement, or against liability under clause (i) above if Gholdco’s gross negligence or willful misconduct
results in liability, damage, loss or expense to both New Alpha’s and Gholdco’s business. 
 (c) The procedure by which each of the
parties to this Agreement performs its obligations under subsections (a) and (b) above shall be in accordance with Sections 4.04, 4.05 (excluding the last sentence of Section 4.05(a) of the Separation Agreement) and 4.06 of the
Separation Agreement. 
 4.4 Limitation of Liability. 
 (a) NOTWITHSTANDING ANYTHING TO THE CONTRARY HEREIN, NEITHER PARTY WILL BE LIABLE HEREUNDER UNDER ANY CONTRACT, NEGLIGENCE, STRICT LIABILITY OR OTHER LEGAL OR EQUITABLE THEORY FOR ANY SPECIAL, INDIRECT, INCIDENTAL OR
CONSEQUENTIAL DAMAGES, INCLUDING WITHOUT LIMITATION, LOSS OF PROFITS FROM THE USE OF (OR INABILITY TO USE) THE SERVICES OR OTHERWISE IN CONNECTION WITH, OR ARISING OUT OF, THIS AGREEMENT, OTHER THAN SOLELY FOR GHOLDCO EXTRAORDINARY FAILURE OR NEW
ALPHA EXTRAORDINARY FAILURE, as applicable (both as defined below). 
  

 4 

 (b) Notwithstanding anything herein to the contrary, in no event will Gholdco or any of its Affiliates or
any other Gholdco Indemnified Parties have any liability to New Alpha or any of its Affiliates or any other New Alpha Indemnified Parties, or to any third party in connection with this Agreement, for Damages in excess of $5 million, except to the
extent that such Damages are the result of (i) one of Gholdco’s or its Subsidiaries’ executive officers, in bad faith, affirmatively instructing employees of Gholdco or its Subsidiaries to materially breach Gholdco’s obligation
to provide the Gholdco Services under this Agreement, or (ii) any intentional failure by Gholdco, in bad faith, to cure any material breach of Gholdco’s obligation to provide the Gholdco Services under this Agreement (which is capable of
being cured) following notice thereof in accordance with Section 7.1 (and such breach is not cured within a reasonable period of time following receipt of written notice of such breach) (any of the occurrences set forth in sub-clauses
(i) and (ii) of this Section 4.4, continuing after such cure period, “Gholdco Extraordinary Failure”). 
 (c) Notwithstanding anything herein to the contrary, in no event will New Alpha or any of its Affiliates or any other New Alpha Indemnified Parties have any liability to Gholdco or any of its Affiliates or any other Gholdco Indemnified
Parties, or to any third party in connection with this Agreement, for Damages in excess of $5 million, except to the extent that such Damages are the result of (i) New Alpha’s or its Subsidiaries’ executive officers, in bad faith,
affirmatively instructing employees of New Alpha or its Subsidiaries to materially breach New Alpha’s obligation to provide the New Alpha Services under this Agreement, or (ii) any intentional failure by New Alpha, in bad faith, to cure
any material breach of New Alpha’s obligation to provide the New Alpha Services under this Agreement (which is capable of being cured) following notice thereof in accordance with Section 7.1 (and such breach is not cured within a
reasonable period of time following receipt of written notice of such breach) (any of the occurrences set forth in sub-clauses (1) and (ii) of this Section 4.4(c), continuing after such cure period, “New Alpha Extraordinary
Failure”) 
 ARTICLE V 
 FORCE MAJEURE; SERVICE INTERRUPTION AND RESTORATION 
 5.1 Force Majeure. No party to this Agreement shall be
responsible for failure or delay in delivery of any Service, nor shall any party be responsible for failure or delay in receiving such Service, if caused by an act of God or public enemy, war, government acts or regulations, fire, flood, embargo,
quarantine, epidemic, labor stoppages beyond its reasonable control, accident, unusually severe weather or other cause similar or dissimilar to the foregoing beyond their control; provided, that such Service will be performed or satisfied as
soon as reasonably practicable after the termination of the relevant circumstances causing such failure or delay. 
 5.2 Service
Interruption and Restoration. The parties recognize that from time to time disruptions in the Services may occur. If a disruption of any Service occurs, the providing party shall use commercially reasonable efforts to restore such Services
consistent 

  

 5 

 
with the manner in which Abraxis would have restored such Services prior to the Effective Date (but not including any historical preference or priority given
to New Alpha’s products as compared with Gholdco’s products) and consistent with such party’s restoration of such Services for its own business. No party shall be deemed in default of this Agreement to the extent that such disruptions
or any delay or failure in the performance of its obligations under this Agreement results from any cause beyond its reasonable control and without its fault or negligence, such as the events and circumstances specified in Section 5.1. In the
event of any such excused disruption or delay, (i) the non-performing party promptly shall advise the other party in writing of the circumstances causing the disruption or delay, (ii) the non-performing party shall use commercially
reasonable efforts, consistent with the manner in which Abraxis would have overcome such circumstances prior to the Effective Date (but not including any historical preference or priority given to New Alpha’s products as compared with
Gholdco’s products) and resume performance as promptly as commercially practicable and (iii) the time for performance shall be extended for a period equal to the time lost by reason of the delay. In the event the providing party is excused
from supplying any Service in accordance with the terms of this paragraph, the receiving party shall be free to acquire such Services from any substitute source, at the receiving party’s expense, and with a reduction in any amounts otherwise
due hereunder to the providing party for the Service being so substituted but without further liability to the providing party, for the period (and, to the extent the receiving party acts reasonably under the circumstances in making such commitments
and it was necessary to make such commitments, a period thereafter necessary to honor reasonable commitments beyond the expiration of any disruption or delay) and to the extent reasonably necessitated by such non-performance. 
 5.3 Pro-Ration of Limited Resources for Services. If at any time the resources available to provide a particular Service or Services are less than
the aggregate demand of both parties for such Service or Services, the providing party shall allocate whatever resources and or products that are available to it necessary for the performance of such Service or Services in good faith equitably
between the providing party for its own account and the receiving party for the performance of the Service hereunder. 
 ARTICLE VI

 TERMINATION 
 6.1
Term and Termination. The term of this Agreement shall be for twenty-four (24) months after the Effective Date, or such shorter or longer period as the parties indicate in Exhibit A or B, provided, however, a
party receiving Services shall have the right to terminate one or more of the Services at the end of a designated month by giving the other party at least thirty (30) days prior written notice of such termination. Except as otherwise agreed and
subject to Sections 5.2 and 5.3, each Service can only be terminated in whole, and partial termination of a Service is not permitted without the prior approval of the providing party not to be unreasonably withheld or delayed. The parties shall
cooperate with each other in good faith in their efforts to reasonably effect early termination of Services, including, where applicable, partial termination, and to agree in good faith upon appropriate reduction of the charges hereunder in
connection with such early termination. For the avoidance of doubt, a party may not terminate a particular Service that is necessary to provide another Service that has not been terminated. 
  

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 6.2 Early Termination. Notwithstanding the foregoing, New Alpha and Gholdco each reserve the right
to immediately terminate this Agreement by written notice to the other in the event that the other party shall have (a) applied for or consented to the appointment of a receiver, trustee or liquidator; (b) admitted in writing an inability
to pay debts as they mature; (c) made a general assignment for the benefit of creditors; or (d) filed a voluntary petition, or have filed against it a petition, for an order of relief under the Federal Bankruptcy Code (as amended).

 ARTICLE VII 
 MISCELLANEOUS

 7.1 Notices. All notices and other communications required or permitted under this Agreement shall be in writing and shall be
deemed to have been given if (i) delivered in person (to the individual whose attention is specified below) or via facsimile (followed immediately with a copy in the manner specified in clause (ii) or (iii) hereof), (ii) sent by
prepaid first-class registered or certified mail, return receipt requested, or (iii) sent by recognized overnight courier service, as follows: 
 to New Alpha: 
 Abraxis BioScience, Inc. 
 11755 Wilshire Boulevard, Suite 2000 
 Los Angeles, California 90025 
 Fax: (310) 883-3138 
 Attention: Chief Executive Officer 
 with a copy to: 
 Abraxis BioScience, Inc. 
 11755 Wilshire Boulevard, Suite 2000 
 Los Angeles, California 90025 
 Fax: (310) 883-3138 
 Attention: General Counsel and Chief Financial Officer 
 to Gholdco: 
 APP Pharmaceuticals, Inc. 
 1501 East Woodfield Road, Suite 300E 
 Schaumburg, Illinois 60173 
 Fax: (847) 413-2652 
 Attention: Chief Executive Officer 
  

 7 

 with a copy to: 
 APP Pharmaceuticals, Inc. 
 1501 East Woodfield Road, Suite 300E 
 Schaumburg, Illinois 60173 
 Fax: (847) 413-2652 
 Attention: General Counsel and Chief Financial Officer 
 or to such other address as any party hereto may, from time to
time, designate in a written notice given in like manner. All notices and other communications hereunder shall be effective: (i) the day of receipt when delivered by hand, facsimile or overnight courier; and (ii) three business days from
the date deposited in the mail in the manner specified above. 
 7.2 Amendment; Waiver. Any provision of this Agreement may be amended
or waived if, and only if, such amendment or waiver is in writing and signed, in the case of an amendment, by Gholdco and New Alpha, or in the case of a waiver, by the party against whom the waiver is to be effective. No failure or delay by any
party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege.
Except as otherwise provided herein, the rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law. 
 7.3 Assignment; Parties in Interest. This Agreement and all of its provisions shall be binding upon and inure to the benefit of the respective successors and permitted assigns of the parties hereto,
provided, however, neither New Alpha nor Gholdco may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of the other party. Notwithstanding the foregoing, with the prior written
consent of the other party, the providing party may use subcontractors to provide some or all of the Services. If the providing party delegates any of its responsibilities under this Agreement to any of its Subsidiaries or uses subcontractors in the
performance thereof, then the providing party shall remain fully responsible for the actions and inactions and performance of such Subsidiary or subcontractor and such Subsidiary or subcontractor shall be deemed the providing party hereunder for
purposes of defining its performance obligations. 
 7.4 No Partnership. No party hereto in any way or for any purpose shall be deemed
by reason of this Agreement to be a partner of any other party hereto in the conduct of their respective Businesses or a joint venturer or a member of a joint enterprise with such other party. Neither party shall have any right or authority, express
or implied, to assume or create any obligation of any kind, or to make any representation or warranty, on behalf of the other party or to bind the other party in any respect whatsoever. 
 7.5 Governing Law; Submission to Jurisdiction; Selection of Forum. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS
OF THE STATE OF DELAWARE, WITHOUT REGARD TO ITS PRINCIPLES OF CONFLICTS OF LAWS. THE PARTIES HEREBY CONSENT TO JURISDICTION AND VENUE IN THE STATE AND FEDERAL COURTS SITTING IN THE STATE OF DELAWARE. 
  

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 7.6 Confidentiality. The provisions set forth in this Section 7.6 shall survive the
termination or expiration of this Agreement. 
 (a) Definitions. In the course of discussing or carrying out their respective
obligations under this Agreement, either party (the “Disclosing Party”) may disclose Confidential Information (as hereinafter defined) to the other party (the “Receiving Party”). As used herein,
“Confidential Information” means all written and oral information concerning the Disclosing Party, its business, its Affiliates or the business of any of its Affiliates, whether prepared by the Disclosing Party, its advisors
or otherwise, which is provided by or on behalf of the Disclosing Party to the Receiving Party during the term of this Agreement. Confidential Information shall include, without limitation, technical, scientific, business, financial and other
information, data, materials and the like relating to drug applications, patent applications, products and proposed products, know-how, processes, proposed processes, formulations, manufacturing technology, contracts, clinical and preclinical data
and dossiers, business relationships, customers, suppliers, marketing strategies and the like, and any and all other information, data and materials. Notwithstanding anything preceding to the contrary, Confidential Information shall not include
information which the Receiving Party demonstrates (i) is or becomes available to the public other than as a result of a disclosure by the Receiving Party or its representatives; (ii) was available to the Receiving Party on a
non-confidential basis prior to its disclosure to the Receiving Party by the Disclosing Party or its representatives; (iii) is disclosed to the Receiving Party by a third party which received such information from the Disclosing Party with no
restrictions on disclosure; or (iv) was in the Receiving Party’s possession at the time of the disclosure by the Disclosing Party (as evidenced by written records) and was not acquired, directly or indirectly, from the Disclosing Party.

 (b) Non-Disclosure. Subject to Section 7.6(d) of this Agreement, for a period of eight (8) years from the termination or
expiration of this Agreement, the Receiving Party shall not disclose any Confidential Information of the Disclosing Party to any third party and shall not use such Confidential Information for purposes other than is required for its performance
under this Agreement. 
 (c) Copies. Upon the termination or expiration of this Agreement, the Receiving Party shall return to the
Disclosing Party (or destroy at the Disclosing Party’s sole discretion) all documents and other materials provided by the Disclosing Party to the Receiving Party containing or reflecting any Confidential Information, without retaining any
copies; provided, however, that the Receiving Party may retain one (1) copy of any Confidential Information for recordkeeping purposes (but any Confidential Information not so returned or destroyed will remain subject to this Agreement). Upon
request, the Receiving Party shall certify in writing to the Disclosing Party as to its compliance with this Section 7.6(c). 
 (d)
Notice of Legal Process. In the event that the Receiving Party is requested or required (by subpoena, civil investigative demand or other process) to disclose any Confidential Information, the Receiving Party shall provide the Disclosing
Party with prompt written notice of any such request or requirement. The Receiving Party agrees to use its best efforts to cooperate with the Disclosing Party in any attempt by the Disclosing Party to obtain an appropriate protective order or other
reliable assurance that confidential treatment shall be accorded the Confidential Information. If the Receiving Party is compelled by any legal process to disclose Confidential Information, the Receiving Party may disclose only that portion of the
Confidential Information which it is compelled to disclose. 
  

 9 

 7.7 Severability. The provisions of this Agreement shall be deemed severable and the invalidity or
unenforceability of any provision shall not affect the validity or enforceability of the other provisions hereof. If any provision of this Agreement, or the application thereof to any person or any circumstance, is invalid or unenforceable,
(a) a suitable and equitable provision shall be substituted therefor in order to carry out, so far as may be valid and enforceable, the intent and purpose of such invalid or unenforceable provision and (b) the remainder of this Agreement
and the application of such provision to other persons or circumstances shall not be affected by such invalidity or unenforceability, nor shall such invalidity or unenforceability affect the validity or enforceability of such provision, or the
application thereof, in any other jurisdiction. 
 7.8 Entire Agreement. This Agreement constitutes and contains the entire and only
existing and binding agreement between New Alpha and Gholdco concerning the subject matter hereof, and supercedes all prior and contemporaneous negotiations, agreements, proposed agreements and understandings, if any, between the parties concerning
this Agreement or any of its provisions. 
 7.9 Counterparts. This Agreement may be executed in one or more counterparts, each of
which shall be deemed an original, and all of which shall constitute one and the same agreement. 
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Intentionally Been Left Blank] 
  

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 IN WITNESS WHEREOF, the parties have executed or caused this Transition Services Agreement to be
executed as of the date first written above. 
  

			
	 ABRAXIS BIOSCIENCE, INC.

		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 APP PHARMACEUTICALS, INC.

		
	By:	 	  

	Name:	 	
	Title:

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