DEFERRED STOCK UNIT AWARD AGREEMENT pursuant to the NONEMPLOYEE DIRECTOR DEFERRED COMPENSATION PROGRAM under theDeferred Stock Unit Award Agreement • July 1st, 2005 • NPS Pharmaceuticals Inc • Biological products, (no disgnostic substances)
THIS AGREEMENT, dated , represents the award of Deferred Stock Units (DSUs) by NPS Pharmaceuticals, Inc., a Delaware corporation (the “Company”), to the Participant named above, who is a Nonemployee Director of the Company. The Company hereby irrevocably grants to Participant the number of DSUs set forth above subject to the conditions provided herein and in the Nonemployee Director Deferred Compensation Program (the “Program”) and the 2005 Omnibus Incentive Plan (the “Plan”). Unless otherwise specified, capitalized terms shall have the meanings specified in the Plan and the Program. The terms and conditions of the Plan and the Program are incorporated by reference and govern except to the extent that this Agreement specifically provides otherwise.
