Leiner Health Products Inc Watch

from 10-K 3 pages July 13, 2006 Mr. Kevin McDonnell 2210 Lorain Road San Marino, Ca 91108 Dear Kevin: I Am Excited to Make You a Formal Offer to Join the Leiner Team. Together We Can Build a Great Success for the Company and for Ourselves as Individuals. Your Start Date Will Be Monday, July 17, 2006. Following Is Our Offer for the Position of Executive Vice President, Chief Financial Officer: 1. Base Salary: $300,000 Annual 2. Bonus (Prorated for 8.5 Months in FY07): • Minimum: 50% of Base Salary at $85 Million EBITDA (Adj. EBITDA) • Target: 75% of Base Salary at $90 Million EBITDA (Adj. EBITDA) • Upside: 100% of Base Salary at $95 Million EBITDA (Adj. EBITDA) • Eligible for Additional Bonus Awards at Board Discretion

from 10-K 77 pages Amendment No. 2 and Waiver

from 10-Q 1 page Material contract

from 10-Q 10 pages Subscription Agreement

from 10-Q 9 pages Nonqualified Stock Option Agreement

from 10-Q 14 pages Lhp Holding Corp. 2004 Stock Option Plan

from 10-Q 11 pages Subscription Agreement

from 10-Q 13 pages Lhp Holding Corp. 2004 Restricted Stock Plan

from S-4 5 pages Consultant Agreement

from S-4 6 pages Severance and Release Agreement

from S-4 17 pages Consulting Agreement

from S-4 11 pages Employment Agreement

from S-4 11 pages Employment Agreement

from S-4 7 pages Severance Benefit Agreement

from S-4 5 pages Amended and Restated Severance Benefit Agreement

from S-4 5 pages Amended and Restated Severance Benefit Agreement

from S-4 46 pages Lhp Holding Corp. Stockholders Agreement Dated as of May 27, 2004

from 10-K405 ~20 pages Leiner Health Products Group Inc. Second Amended and Restated Stockholders Agreement Dated as of November 14, 2000

from 10-K405 ~20 pages Material contract

from 10-K405 1 page Material contract