ContractIncentive Plan Incentive Stock Option Award Agreement Award Agreement • May 5th, 2020 • Michigan
EX-10.49 3 ex1049formofisoagreement20.htm EXHIBIT 10.49 ISO AGREEMENT EXHIBIT 10.49 Vericel Corporation 2017 Omnibus Incentive Plan Incentive Stock Option Award Agreement AWARD AGREEMENT (the “Agreement”), effective as of [[GRANTDATE]] (the “Grant Date”), is entered into by and between Vericel Corporation, a Michigan corporation (the “Company”), and [[FIRSTNAME]] [[LASTNAME]] (the “Participant”). 1.Grant of Option. The Company hereby grants to the Participant a stock option (the “Option”) to purchase [[SHARESGRANTED]] shares of common stock of the Company, no par value (the “Shares”), at the exercise price of [[GRANTPRICE]] per Share (the “Exercise Price”). 2. Subject to the Plan. This Agreement is subject to and governed by the terms and provisions of the Vericel Corporation 2017 Omnibus Incentive Plan (the “Plan”), and, unless the context requires otherwise, terms used herein shall have the same meaning as in the Plan. In the event of a conflict between the provisions of the Plan and
