Axcan US Partnership 1 LP Watch

from S-4 4 pages Pledge of Debentures Dated as of February 25, 2008

from S-4 2 pages Debenture

from S-4 26 pages Deed of Hypothec

from S-4 16 pages Axcan Luxco 2 S.A R.L. as Pledgor and Bank of America, N.A. as Administrative Agent Pledge Agreement Relating to the Shares and Notes Issued by Axcan Nova Scotia 1 Ulc Dated February 25, 2008

from S-4 52 pages Pledge and Security Agreement Dated as of February 25, 2008 Among Certain Subsidiaries of Axcan Intermediate Holdings Inc. Identified Herein, as Grantors and Bank of America, N.A., as Administrative Agent

from S-4 17 pages Axcan Luxco 1 S.AR.L. as Pledgor and Bank of America, N.A. as Administrative Agent (And Collateral Agent) and Axcan Luxco 2 S.AR.L. as Company Pledge Agreement Relating to the Shares, Pecs and Ppcs Issued by Axcan Luxco 2 S.ÀR.L Dated 25 February, 2008

from S-4 17 pages Axcan Intermediate Holdings Inc. as Pledgor and Bank of America, N.A. as Administrative Agent (And Collateral Agent) and Axcan Luxco 1 S.AR.L. as Company Pledge Agreement Relating to the Shares, Pecs and Ppcs Issued by Axcan Luxco 1 S.ÀR.L. Dated 25 February, 2008

from S-4 5 pages Reference Is Made to the Senior Notes Indenture Dated as of May 6, 2008 (As Amended, Amended and Restated, Supplemented or Otherwise Modified From Time to Time, the “Indenture”), Among the Issuer, the Guarantors Party Thereto (Including the Luxembourg Guarantors) and the Trustee, Relating to the Issuance of the Issuer’s 12.75% Senior Notes Due 2016 (The “Senior Notes”). Pursuant to the Indenture, Each of the Luxembourg Guarantors Has Guaranteed the Issuer’s Obligations to Make Payments in Respect of the Notes Issued by the Issuer Pursuant to the Indenture (The “Note Obligations”). for the Purpose of Facilitating the Enforcement of Such Guarantees, the Parties Hereto Agree as Follows: Section 1. Definitions. (A) Indenture. (I) Capitalized Terms Used in This Agreement and Not Otherwise Defined Herein Have the Meanings Specified in the Indenture. (II) the Rules of Construction Specified in Article 1 of the Indenture Also Apply to This Agreement. (B) Other Defined Terms. as Used in This Agreement, the Following Terms Have the Meanings Specified Below: “Guaranty Beneficiaries” Means (A) Each Holder and (B) the Trustee. “Luxembourg Corresponding Obligations” Has the Meaning Assigned to Such Term in Section 2(b). “Luxembourg Parallel Debt” Has the Meaning Assigned to Such Term in Section 2(b). “Note Obligations” Has the Meaning Assigned to Such Term in the Preamble

from S-4 5 pages Reference Is Made to the Senior Secured Notes Indenture Dated as of February 25, 2008 (As Amended, Amended and Restated, Supplemented or Otherwise Modified From Time to Time, the “Indenture”), Among the Issuer, the Guarantors Party Thereto (Including the Luxembourg Guarantors) and the Trustee. Pursuant to the Indenture, Each of the Luxembourg Guarantors Has Guaranteed the Issuer’s Obligations to Make Payments in Respect of the Secured Notes Issued by the Issuer Pursuant to the Indenture (The “Note Obligations”). for the Purpose of Facilitating the Enforcement of Such Guarantees, the Parties Hereto Agree as Follows: Section 1. Definitions. (A) Indenture. (I) Capitalized Terms Used in This Agreement and Not Otherwise Defined Herein Have the Meanings Specified in the Indenture. (II) the Rules of Construction Specified in Article 1 of the Indenture Also Apply to This Agreement. (B) Other Defined Terms. as Used in This Agreement, the Following Terms Have the Meanings Specified Below: “Guaranty Beneficiaries” Means (A) Each Holder of a Secured Note and (B) the Trustee. “Luxembourg Corresponding Obligations” Has the Meaning Assigned to Such Term in Section 2(b). “Luxembourg Parallel Debt” Has the Meaning Assigned to Such Term in Section 2(b). “Note Obligations” Has the Meaning Assigned to Such Term in the Preamble

from S-4 4 pages Trademark Security Agreement

from S-4 4 pages Patent Security Agreement

from S-4 4 pages Trademark Security Agreement

from S-4 4 pages Trademark Security Agreement

from S-4 48 pages Pledge and Security Agreement Dated as of February 25, 2008 Among Axcan Intermediate Holdings Inc., as the Parent Borrower, Axcan US Partnership 1 LP, as the Co-Borrower, Axcan Midco Inc., as Holdings, Certain Other Subsidiaries of Axcan Intermediate Holdings Inc. Identified Herein and Bank of America, N.A., as Administrative Agent

from S-4 27 pages Registration Rights Agreement by and Among Axcan Intermediate Holdings Inc., the Guarantors and Banc of America Securities LLC Hsbc Securities (USA) Inc. Rbc Capital Markets Corporation Dated as of May 6, 2008 Registration Rights Agreement

from S-4 26 pages Registration Rights Agreement by and Among Axcan Intermediate Holdings Inc., the Guarantors and Banc of America Securities LLC Hsbc Securities (USA) Inc. Rbc Capital Markets Corporation Dated as of February 25, 2008 Registration Rights Agreement

from S-4 194 pages Senior Notes Indenture Dated as of May 6, 2008 Among Axcan Intermediate Holdings Inc., the Guarantors Listed Herein and the Bank of New York, as Trustee 12.75% Senior Notes Due 2016

from S-4 180 pages Senior Secured Notes Indenture Dated as of February 25, 2008 Among Axcan Intermediate Holdings Inc., the Guarantors Listed Herein and the Bank of New York as Trustee 9.25% Senior Secured Notes Due 2015