0000912057-97-027680 Sample Contracts

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CUBIST PHARMACEUTICALS, INC. 24 Emily Street Cambridge, MA 02139 May 19, 1997 Mr. Mark P. Carthy 21 Stone Road Belmont, Massachusetts 02178 Dear Mark: Reference is hereby made to that certain Incentive Stock Option Agreement, dated as of May 19, 1997...
Incentive Stock Option Agreement • August 13th, 1997 • Cubist Pharmaceuticals Inc • Pharmaceutical preparations

original principal amount under the Note equal to the product of (i) such original principal amount and (ii) the percentage set forth opposite to such date on Exhibit C hereto, provided that your employment with the Company shall not have been terminated on or prior to such date. Notwithstanding anything in the foregoing provisions of this Section 3 or in Exhibit C hereto to the contrary, the Company's obligation to forgive any portion of the original principal amount of the Note shall terminate on the effective date of termination of your employment with the Company (the "Employment Termination Date"). From and after the Employment Termination Date, you shall remain liable for all amounts then still owing under the Note or that otherwise become due and payable under the Note, all subject to and upon the terms and conditions of the Note. 4. Forgiveness of Interest. On the first anniversary of the Note, the Company will forgive that portion of the interest accruing under the Note that h

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