In addition, in connection with the completion of the Merger and pursuant to the terms of the Indenture, Auxilium has commenced a tender offer (the "Notes Tender Offer") to repurchase, at the option of each holder of Notes, any and all of the Notes. Pursuant to the terms of the Notes Tender Offer and the Indenture, each holder of Notes has the right, subject to certain conditions, at such holder's option, to require Auxilium to purchase for cash all of such holder's Notes, or any portion of the principal thereof that is equal to $1,000 principal amount or an integral multiple of $1,000 principal amount, on the Fundamental Change Purchase Date. This repurchase right is separate from the right of holders of Notes to convert their Notes as described above. Auxilium will purchase such Notes at a repurchase price equal to 100% of the principal amount of the Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the Fundamental Change Purchase Date. Tenders of the Notes must be made prior to 5:00 p.m.