Exhibit 4.7 LAW OFFICE OF STEWART A. MERKIN ATTORNEY AT LAW RIVERGATE PLAZA, SUITE 300 444 BRICKELL AVENUE MIAMI, FLORIDA 33131 e-mail: merkmia@aol.com Tel.: (305) 357-5556 Fax: (305) 358-2490 July 1, 2002 Paul Kravitz, Chairman Med Gen, Inc. 7284 West Palmetto Park Road, Suite 106 Boca Raton, FL 33433 Re:	Legal Services in connection with merger with Innovative Chemical Corporation, Filing of Form SB-2 with Securities and Exchange Commission and related Legal Services Dear Paul: This letter shall serve as a memorandum reflecting the terms of an Engagement Agreement entered into between us dated April 8, 2002 for legal services with respect to the above-described matter whereby Med Gen, Inc. agreed to issue to the undersigned 100,000 shares of the common stock of Med Gen, Inc. on April 8, 2002 and subsequently file a Form S-8 with the Securities in Exchange Commission for the registration of these shares. If the terms of this memorandum reflect your understanding, please execute this letter below. Very truly yours, /s/Stewart A. Merkin Stewart A. Merkin SAM:ecg AGREED TO AND ACCEPTED: MED GEN, INC. By:__/s/Paul Kravitz__________ Paul Kravitz, Chairman Dated: July 8, 2002