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LUPIN LIMITED, MUMBAI INDIA And MEDOPHARM PVT LTD, CHENNAI INDIA Scope of Co-operation LUPIN LIMITED- Marketer hereafter referred to as LUPIN EEE} Parties MEDOPHARM PVT LTD--Supplier hereafter referred to as MEDOPHARM Nature of Supply of products to LUPIN from MEDOPHARM Proposal | Territory / (ies) Vietnam, Myanmar and Peru | Transaction © MEDOPHARM shall manufacture and sell to LUPIN the products as per the ordered quantities. * MEDOPHARM shall provide products dossiers to LUPIN for the purpose of registration and supply for marketing, distribution and sale in territories Product | Products shall mean the following 1, Coamoxiclav tablets BP 625mg 2. Coamoxiclav tablets 8P 1000mg | Time line Format of ‘+ ACTD /as per Regulatory requirement of the above Territories Dossier Exclusivity ~MEDOPHARM will manufacture and sell the product to LUPIN on Semi-exclusive | Registration basis, such supply from MEDOPHARM shall not be to more than three partners in the Territories LUPIN will make reasonable commercial efforts to secure Marketing Authorizations within 12-18 months of submission of Complete Dossier to regulatory authorities subject to receiving timely documentary support from MEDOPHARM. Product Shelf Life of the | Product will have minimum 85% shelf life at the time of shipment from Chennai Commercial Pack Price in INR 1. Coamoxiclav tablets BP 625mg 1x6 ALUMINIUM STRIPS Rs.34 2. Coamoxiclav tablets BP 1000mg 1x 6 ALUMINIUM STRIPS Rs.43 Prices are FOB Mumbai and warranties Regulatory Representation Supply price ‘© MEDOPHARM PVT LTD to make sure that supplies to its other partners in the territories is not at a Price lesser than LUPIN. * Prices will be reviewed by both the parties at the time of product launch taking into account the prevailing market scenario | ‘+ Supply Price shall not fluctuate by more than 15% from the agreed prices. Payment © LUPIN shall make payment to MEDOPHARMA by bank transfer payable within 30 Terms days from the date of Invoice | supply of ‘| MEDOPARMA will dispatch the Product within 90 DAYS days from the date of Product confirmed purchase order placed by LUPIN From MEDOPHARM. (a) _ the Products to be supplied to LUPIN shall be manufactured and packaged in accordance with the Products specifications submitted to the Regulatory agency of the Territories (b) the Products to be supplied to LUPIN shall be properly handled and stored till delivery to LUPIN as per storage conditions and as per Good Distribution Practices (GDP} (Q)_ The Products to be supplied to LUPIN at the time of delivery to LUPIN shail conform to the applicable specifications as per COA. (a } Regulatory expenses such be inclusive of but, not limited to Manufacturing License, COPP, Sample cost and shalll be reimbursed at actual. = o SEES Technical Technical ©The parties shall enter into a Technical agreement with respect to the product. agreement Legal & Others Term Five years from the date of signing of agreement . Intellectual © Product Technology and Dossier belongs to MEDOPHARM Property ‘* Marketing Authorization, Brand and Trade mark belongs to LUPIN Product Recall = MEDOPHARM shall assume responsibility for all defects related to quality & manufacturing LUPIN shall assume respon: of goods in Territories 'y for improper storage and handling post receipt Termination * Supply Agreement can be terminated on material breach by either party with notice of 30 days in writing, = All previous commitments made prior to issuance of termination are binding on both parties Governing Law Laws of India Legal LUPIN to ensure that by commercially distributing the product it complies with all local laws in the Territories and also that it is in compliance with Local government and | regulatory authority's requirement. Confidentiality Each party hereto shall keep this term sheet and proposed terms of transaction described herein confidential and no party shall disclose this term sheet or any of such terms to third parties, except for disclosures to employees, affiliates, counsel, accountants and other representatives as may be necessary to accomplish the transaction contemplated hereby or as required by law and / or securities regulations. Disclaimer The terms are based on details exchanged between LUPIN and MEDOPHARM till the date. In case of any specific requirement for packaging, raw material, shipment or related to Product, terms may be revised. Validity of The term sheet will be followed by Supply Agreement which shall be effective Term Sheet: | immediately upon its signature and remain effective for a period of 5 years from date of ning of the agreement. The Supply Agreement is the final legal obligation and supersedes this term sheet. For Lupin Limited war Date: Sow $,2013 Vinod Dhawan, Group President V.ANAND, For Medopharma Pvt. Ltd. Date: > Asia pacific, SE Asia, Africa, VICE PRESIDENT — INTERNATIONAL MARKETING Middle east & Latin America

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