AMENDMENT NO. 1 TO THE ALPHARMA INC. AMENDED AND RESTATED DEFERRED COMPENSATION PLAN

Employee Benefits Plan Agreement

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ALPHARMA INC

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Title: AMENDMENT NO. 1 TO THE ALPHARMA INC. AMENDED AND RESTATED DEFERRED COMPENSATION PLAN
Date: 3/16/2006
Industry: Biotechnology and Drugs Sector: Healthcare

AMENDMENT NO. 1 TO THE ALPHARMA INC.
AMENDED AND RESTATED DEFERRED COMPENSATION PLAN

The Alpharma Inc. Amended and Restated Deferred Compensation Plan (the "Plan") is hereby amended effective as of the date indicated below, as follows:

1. Effective January 1, 2006, Section II. of the Plan is hereby amended by adding the following to the end thereof:

"No employee shall become a p

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