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Exercise Agreement

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Title:

Exercise Agreement

Entities:

American Capital Strategies Ltd.; IGI, Inc.

Date:

2002

Size:

1KB total

Price:

$29

ID:

#283533

► Miscellany ► Exercise Agreements
► Financial
► Biotech & Drugs ► Biological Products

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                             EXERCISE AGREEMENT

                             ------------------



To:     IGI, Inc.



Dated:  June 25, 2002





      The undersigned, pursuant to the provisions set forth in the attached

Warrant (Certificate No. W-l), hereby agrees to subscribe for the purchase of

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