0000950123-10-071152 Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • August 2nd, 2010 • Aradigm Corp • Electromedical & electrotherapeutic apparatus • New York

This REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of July 30, 2010, is by and among Aradigm Corporation, a California corporation with offices located at 3929 Point Eden Way, Hayward, CA 94545 (the “Company”), Novo Nordisk A/S, a company organized and existing under the laws of Denmark (the “Purchaser”).

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FIRST AMENDMENT TO SECURITIES PURCHASE AGREEMENT AND REGISTRATION RIGHTS AGREEMENT
Securities Purchase Agreement and Registration Rights Agreement • August 2nd, 2010 • Aradigm Corp • Electromedical & electrotherapeutic apparatus • New York

This FIRST AMENDMENT TO SECURITIES PURCHASE AGREEMENT AND REGISTRATION RIGHTS AGREEMENT, dated as of July 20, 2010 (this “First Amendment”), is by and among Aradigm Corporation, a California corporation with offices located at 3929 Point Eden Way, Hayward, CA 94545 (the “Company”), and the undersigned investors.

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STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • August 2nd, 2010 • Aradigm Corp • Electromedical & electrotherapeutic apparatus • New York

This STOCK PURCHASE AGREEMENT (this “Agreement”), dated as of July 30, 2010, is by and among Aradigm Corporation, a California corporation (the “Company”), and Novo Nordisk A/S, a company organized and existing under the laws of Denmark (the “Purchaser”).

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