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Amendment No. 1 to the Stockholders Agreement

Shareholder Agreement

Amendment No. 1 to the Stockholders Agreement | Document Parties: LIGAND PHARMACEUTICALS INC | Third Point LLC | Third Point Offshore Fund, Ltd | Third Point Partners LP | Third Point Ultra Ltd | Lyxor/Third Point Fund Ltd | Third Point Partners Qualified LP You are currently viewing:
This Shareholder Agreement involves

LIGAND PHARMACEUTICALS INC | Third Point LLC | Third Point Offshore Fund, Ltd | Third Point Partners LP | Third Point Ultra Ltd | Lyxor/Third Point Fund Ltd | Third Point Partners Qualified LP

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Title: Amendment No. 1 to the Stockholders Agreement
Date: 12/14/2006
Industry: Biotechnology and Drugs     Sector: Healthcare

Amendment No. 1 to the Stockholders Agreement, Parties: ligand pharmaceuticals inc , third point llc , third point offshore fund  ltd , third point partners lp , third point ultra ltd , lyxor/third point fund ltd , third point partners qualified lp
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                                                                    EXHIBIT 10.1

   Amendment No. 1 to the Stockholders Agreement dated as of December 2, 2005

                                  by and among

               Ligand Pharmaceuticals Incorporated ("Company") and

   Third Point LLC, Third Point Offshore Fund, Ltd., Third Point Partners LP,
  Third Point Ultra Ltd., Lyxor/Third Point Fund Ltd., and Third Point Partners
                    Qualified LP (collectively "Third Point")

                         Effective Date: December 12, 2006

        The parties agree that the provisions of the Stockholders Agreement
restricting and/or placing conditions upon Third Point's purchase of Ligand
common stock, including without limitation paragraphs 2.01(e) and


 
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