AWARD AGREEMENT
THIS AGREEMENT IS BETWEEN
1.NewAmsterdam Pharma Company N.V., a public company with limited liability, having its corporate seat in Naarden (address: Gooimeer 2-35 1411 DC Naarden, trade register number: 86649051) (the “Company”); and
2.[name] (the “Participant”).
NOW HEREBY AGREE AS FOLLOWS
1.1.1Capitalised terms used herein have the meanings ascribed thereto in the Company’s [long-term incentive plan][inducement plan][supplementary long term incentive plan] (the “Plan”).
1.1.2In the event of a conflict among the provisions of the Plan, this agreement and/or any descriptive materials concerning the Award governed by this agreement provided to the Participant, the provisions of the Plan will prevail.
1.1The Participant has been granted an Award on the terms and subject to the conditions set out in the Plan and below:
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Form of Award |
: |
[number] Options |
Grant Date |
: |
[Date] (the “Grant Date”) |
Vesting Start Date |
: |
[Date] |
Type of Award |
: |
[Incentive Stock Option ]1/[Nonstatutory Stock Option] |
Exercise Price |
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USD [number] per Option |
Automatic settlement |
: |
No, exercised at the option of the Participant |
Expiration Date |
: |
10 years from the Grant Date |
Performance-based |
: |
No |
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impairment that can be expected to result in death or that has lasted or can be expected to last for a continuous period of not less than twelve (12) months, and will be determined by the Board, consistent with local law, on the basis of such medical evidence as the Board deems warranted under the circumstances]4. |
Exercise Method |
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In accordance with Article 8.5, the Participant may elect to satisfy the Exercise Price via (i) cash, wire transfer, or check, (ii) net settlement as described in Article 8.5(a)–(c) of the Plan, or (iii) surrender of Shares as described in Article 8.5(d) of the Plan. |
1.1.3The Participant grants an irrevocable power of attorney to the Company, with full right of substitution, to perform on the Participant’s behalf all acts necessary for or conducive to the administration and operation of the Plan, including the following matters (in each case consistent with and subject to the terms of this Plan):
1.1.4delivery of Plan Shares underlying Awards upon the exercise or settlement of such Awards in accordance with their terms;
1.1.5effecting a cashless exercise of Awards; and
1.1.6effecting a cancellation, termination and/or transfer to the Company of Awards in case the Participant would become a Bad Leaver.
1.1.7The power of attorney granted above also extends to the performance of acts of disposition (beschikkingshandelingen). The Company may act as counterparty of the Participant when acting under such power of attorney.
1.2This agreement shall be governed by and shall be construed in accordance with the laws of the Netherlands. Any dispute arising in connection with this agreement shall be resolved in accordance with the dispute resolution provisions of the Plan.
1.3With respect to any U.S. Participant, this Option is subject to the terms of the Plan as supplemented by the Annex A to the Plan. [Further, with respect to any U.S. Participant who is an Employee, this Option is intended to be an “incentive stock option” within the meaning of Section 422 of the Code to the maximum extent permitted under the Code.]5
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NewAmsterdam Pharma Company N.V.
Name :
Title :
_____________________________
[Participant]