CONTRACT OF SALE FOR REAL ESTATE
THIS CONTRACT OF SALE FOR REAL ESTATE (hereinafter referred to as the "Contract"), is made this 4th
day of October 2001, by and between IGI, Inc., a Delaware corporation, with its principal place of business
located at Lincoln Avenue and Wheat Road, Buena, New Jersey 08310 (hereinafter referred to as the "Seller"),
and Poultry Investors, L.L.C., a New Jersey limited liability company, with its principal place of business located
at 4375 S. Lincoln Avenue, Vineland, New Jersey 08361 (hereinafter referred to as "Buyer").
1. PURCHASE CONTRACT. The Seller agrees to sell and the Buyer agrees to buy the real property descried
in this Contract. In this Contract, such real property shall be hereinafter referred to as the "Property".
2. PROPERTY. The Property to be sold by Seller and purchased by Buyer under the terms of this Contract
consists of the real property, as described in Schedule A annexed hereto and made a part of this Contract,
together with any and all improvements erected thereon, and privileges, rights, easements and appurtenances
thereunto belonging or appertaining, including, without limitation, a +/- 10,516 square foot, free-standing office
building, located at and commonly known as Wheat Road & Lincoln Avenue, Township of Buena Vista, County
of Atlantic, State of New Jersey, to be designated upon approval by the Township of Buena Vista, as well as any
and all other necessary country and state governmental bodies, of the pending minor subdivision application (see
Paragraph 13 of this Contract) on the municipal tax map of the Township of Buena Vista as Block 5501, Lot
23.01. Seller represents that it is the sole owner of the Property.
3. PURCHASE PRICE. The total purchase price to be paid by the Buyer to the Seller for the Property shall be
$550,000.00 dollars (U.S.) (hereinafter referred to as the "Purchase Price"), payable in accordance with the
terms set forth in Paragraph 4 of this Contract.
4. PAYMENT TERMS OF PURCHASE PRICE. T