Amarin Corporation plc Incentive Stock Option Award Agreement under 2011 Stock Incentive Plan

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This agreement is between Amarin Corporation plc and an employee or other eligible individual, granting the recipient the right to purchase a specified number of company shares at a set price under the 2011 Stock Incentive Plan. The agreement outlines the number of options, purchase price, vesting schedule, and expiration date. The options are non-transferable except by inheritance, and can only be exercised by the recipient during their lifetime. The agreement is subject to the terms of the broader stock incentive plan.

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EX-10.3 4 d264858dex103.htm FORM OF INCENTIVE STOCK OPTION AWARD AGREEMENT Form of Incentive Stock Option Award Agreement

Exhibit 10.3

AMARIN CORPORATION plc 2011 STOCK INCENTIVE PLAN

AWARD AGREEMENT

This AWARD AGREEMENT (the “Agreement”) is entered into and made effective as of [                    ], 20     between Amarin Corporation plc (the “Company”), and [                    ] (“Optionee”). Capitalized terms used and not defined herein shall have the meanings set forth in the Amarin Corporation plc 2011 Stock Incentive Plan (the “Plan”).

 

1. Number of Incentive Stock Options (“Options”): [                    ]

 

2.   Per Share Purchase Price: $[                       (provided that such Per Share Purchase Price shall not be less than the par value of the Share at any time, currently £0.50)

 

3. Grant Date: [                    ]

 

4. Date Options Become Exercisable (Vesting):

 

Number of Ordinary Shares

    Exercise Dates  

[                    ]

      [                     ] 

[                    ]

      [                     ] 

[                    ]

      [                     ] 

[                    ]

      [                     ] 

 

5. Expiration Date: [                    ]

 

6. Terms of this Award Agreement: In the event of a conflict between the provisions of this Award Agreement and the Plan, except in relation to paragraph 7 below, the provisions of the Plan shall prevail. A copy of the Plan is provided herewith.

 

7. Non-transferable: These Options shall not be transferable by the Optionee other than by will or the laws of descent and distribution, and the Options shall be exercisable, during the Optionee’s lifetime, only by the Optionee.

By signing this Award Agreement, you agree to all of the terms and conditions described herein and in the Plan.

 

  AMARIN CORPORATION plc   OPTIONEE
  By:  

 

     Signature:  

 

  Name:       Name:   [                    ]
  Title: