DB/Reporting :: Using Parameters With Multiple SQL Statements?

I have a connection to a MS SQL database, which I understand is capable of handling multiple SQL statements in one Execution, ie

Code:
Using cmdExe As New System.Data.SqlClient.SqlCommand
sSQL = "Delete * from mytable where UniqueID=123;Insert into mytable (UniqueID, Field) values (123, 'something')"
cmdExe.CommandText = strSingleSQLLine
cmdExe.ExecuteNonQuery()
End Using

will delete from "mytable" and insert a new record all at once. This is great, but I want to expand upon that to use parameters because using string concatenation in my SQL queries is a bad idea. Now my question is this. If I add a parameter which is used in multiple SQL statements, do I have to add the parameter VALUE twice to the command object? ie, will the following code work?

Code:
Using cmdExe As New System.Data.SqlClient.SqlCommand
sSQL = "Delete * from mytable where UniqueID=@uniqueID;Insert into mytable (UniqueID, Field) values (@uniqueID, 'something')"
cmdExe.Parameters.AddWithValue("@uniqueID", 123)

[code]....

There are two questions here actually...can I add the parameters before setting the command text, and do I have to add the same parameter over and over again?