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EXHIBIT 10.19(g)

FORM OF FIVE YEAR CONVERTIBLE NOTE HEDGE AMENDMENT

 

 

 

A

 

B

 

Contract #

 

Terminated Transaction 
US$ Value

 

Number of Shares Delivered 
by Party A

 

1

 

 

49,249,000

 

 

 

213,337

 

 

2

 

 

75,500,000

 

 

 

364,007

 

 

3

 

 

30,825,000

 

 

 

148,616

 

 

4

 

 

11,000,000

 

 

 

53,034

 

 

 

 



December 13, 2006

 

Credit Suisse International

(formerly known as Credit Suisse First Boston International)

One Cabot Square

London E14 4QJ

England

Cephalon, Inc.

41 Moores Road

P.O. Box 4011

Frazer, Pennsylvania

19355

Re: Cephalon, Inc. Zero Coupon Convertible Subordinated Notes due June 15, 2033, first putable June 15, 2008 (“ Reference Notes ”)

Ladies and Gentlemen,

Reference is made to the convertible bond hedge transaction (the “ Transaction ”) entered into by Credit Suisse International (“ Party A ”) and Cephalon Inc. (“ Party B ”) pursuant to an ISDA confirmation dated as of June 6, 2003,


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