EMPLOYMENT AGREEMENT made as of the 18th day of November, 2002 between and among HALSEY
DRUG CO., INC., a New York corporation (the "Corporation"), with principal executive offices at 695 N.
Perryville Road, Rockford, IL 61107 and VIJAI KUMAR residing at 67 Whitewood Drive, Morris Plains, NJ
09750 (the "Employee").
W I T N E S S E T H
WHEREAS, the Corporation desires to employ the Employee to engage in such activities and to render such
services as are required under the terms and conditions hereof and the Board of Directors has authorized and
approved the execution of this Agreement; and
WHEREAS, the Employee desires to be employed by the Corporation under the terms and conditions
NOW, THEREFORE, in consideration of the mutual covenants and undertakings herein contained, the parties
agree as follows:
1. Employment, Duties and Acceptance.
1.1 Services. The Corporation hereby employs Employee, for the Term (as hereinafter defined in Section 2
hereof), to render exclusive and full-time services to the business and affairs of the Corporation as the Chief
Operations Officer of the Corporation, subject to the direction of the Board of Directors of the Corporation, and,
in connection therewith, the Employee shall have all the duties and responsibilities customarily rendered by a
Chief Operations Officer, and as may be further reasonably directed or requested to be performed by the
Chairman and Chief Executive Officer, to whom the Employee shall report, and to use his
best efforts, skill and abilities to promote the interests of the Corporation and its subsidiaries. Employee shall be
located at, and operate out of, the Corporation's Congers, New York facility.
1.2 Acceptance. Employee hereby accepts such employment and agrees to render the services described in
Section 1.1 hereof.
2. Term of Employment. The term of Employee's employment under this Agreement shall commence on the date
of this Agreement and shall expire two (2) ye