0000950170-21-001078 Sample Contracts

Recro Pharma, Inc. Inducement Award Agreement for Restricted Stock Units
Inducement Award Agreement • August 9th, 2021 • Recro Pharma, Inc. • Pharmaceutical preparations • Pennsylvania

THIS INDUCEMENT AWARD AGREEMENT FOR RESTRICTED STOCK UNITS (this “Agreement”) is made by Recro Pharma, Inc. (the “Company”) to the participant named on the grant schedule attached hereto (the “Grantee”), dated as of the date set forth on the grant schedule attached hereto (the “Grant Date”).

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Recro Pharma, Inc. Non-Qualified Stock Option Inducement Award Agreement
Qualified Stock Option Inducement Award Agreement • August 9th, 2021 • Recro Pharma, Inc. • Pharmaceutical preparations

We are pleased to advise you that Recro Pharma, Inc. (the “Company”) hereby awards to you the right to purchase (an “Option”) the number of shares of Common Stock of the Company (“Shares”), as set forth on the grant schedule attached hereto (the “Grant Schedule”), subject to your signing this Award Agreement (this “Agreement”). The date of award of the Option shall for all purposes be the date set forth on the Grant Schedule (the “Grant Date”). The Option issued hereunder is a “non-qualified stock option” for tax purposes.

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