VertexPharmaceuticals Non-Employee Board Compensation

Annual Retainer:

$25,000

Board Meeting Fees

In-Person Board Meetings

$2,500

Telephonic Board Meetings

$1,250 (none for meetings called for less than 30 minutes)

Committee Meeting Fees

In-Person on Regular Board Meeting Day

$500

In-Person Meeting held on Day other than regular

$1,000

Board Meeting Day

Telephone Meeting

$375

Committee Chair Compensation

Audit & Finance Chair

$20,000 annual retainer

Corporate Governance & Nominating

$20,000 annual retainer

Committee Chair

Management Development & Compensation Committee Chair

$14,000 annual retainer

Equity Grants

Upon first election to the Board, 30,000 options, vesting quarterly over four years; and

On June 1 of each year in service, 20,000 fully vested options

On June 1 of each year, 20,000 fully vested options for the Chairman of the Board, if independent, or the Lead Independent Director.