ImmunoGen, Inc. Restricted Stock Unit Agreement for Employees and Consultants
This agreement is between ImmunoGen, Inc. and an employee or consultant, granting the recipient restricted stock units (RSUs) that may convert into company shares if certain conditions are met. The RSUs vest over time, provided the participant remains employed or continues providing services. If employment or service ends before vesting, unvested RSUs are forfeited. Shares are delivered after vesting, subject to tax withholding, and cannot be transferred except as allowed by company policy. The agreement is governed by ImmunoGen’s equity incentive plan and includes provisions for compliance and potential clawback of compensation.
Exhibit 10.12(c)
Form of Restricted Stock Unit Agreement
IMMUNOGEN, INC.
RESTRICTED STOCK UNIT TERMS AND CONDITIONS
The following supplements the Grant Detail (the “Grant Detail”) to which these Restricted Stock Unit Terms and Conditions apply, and together with the Grant Detail, constitutes the “Restricted Stock Unit Agreement” referenced in the Grant Detail.
This Restricted Stock Unit Agreement is entered into and made effective as of the grant date referenced in the Grant Detail (the “Grant Date”) and is between ImmunoGen, Inc., a Massachusetts corporation (the “Company”), and the employee or consultant of the Company (the “Participant”) referenced in the Grant Detail. Certain capitalized terms, to the extent not defined where they first appear in this Restricted Stock Unit Agreement, are defined in the Company’s Amended and Restated 2018 Employee, Director and Consultant Equity Incentive Plan (as amended from time to time, the “Plan”).
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The Participant acknowledges the following:
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ImmunoGen, Inc.
Attn: Finance
830 Winter Street
Waltham, MA 02451
or to such other address or addresses of which notice in the same manner has previously been given. Any such notice shall be deemed to have been given upon the earlier of receipt, one business day following delivery to a recognized courier service or three business days following mailing by registered or certified mail.
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