0001047469-14-001864 Sample Contracts

INSMED INCORPORATED RESTRICTED UNIT AWARD AGREEMENT UNDER THE 2013 INCENTIVE PLAN FOR MEMBERS OF THE BOARD OF DIRECTORS
Restricted Stock Unit Award Agreement • March 6th, 2014 • Insmed Inc • Pharmaceutical preparations

Pursuant to the Insmed Incorporated 2013 Incentive Plan (the “Plan”) as amended through the date hereof and this Restricted Stock Unit Award Agreement (the “Agreement”), Insmed Incorporated (the “Company”) hereby grants an award of restricted stock units (the “Restricted Stock Units” or the “RSU Award”) to the Grantee named above. The RSU Award shall be referred to herein as the “Award.” Subject to the restrictions and conditions set forth herein and in the Plan, the Grantee shall receive the number of Restricted Stock Units specified above.

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INSMED INCORPORATED INCENTIVE STOCK OPTION AGREEMENT UNDER THE 2013 INCENTIVE PLAN
Incentive Stock Option Agreement • March 6th, 2014 • Insmed Inc • Pharmaceutical preparations • Virginia

THIS Incentive Stock Option Agreement (“Agreement”) dated this , between Insmed Incorporated, a Virginia corporation (the “Company”), and (“Participant”), is made pursuant and subject to the provisions of the Insmed Incorporated 2013 Incentive Plan, as amended (the “Plan”), a copy of which has been made available to the Participant. All terms used herein that are defined in the Plan have the same meaning given them in the Plan.

INSMED INCORPORATED RESTRICTED UNIT AWARD AGREEMENT UNDER THE 2013 INCENTIVE PLAN FOR EMPLOYEES
Restricted Stock Unit Award Agreement • March 6th, 2014 • Insmed Inc • Pharmaceutical preparations

Pursuant to the Insmed Incorporated 2013 Incentive Plan (the “Plan”) as amended through the date hereof and this Restricted Stock Unit Award Agreement (the “Agreement”), Insmed Incorporated (the “Company”) hereby grants an award of restricted stock units (the “Restricted Stock Units” or the “RSU Award”) to the Grantee named above. The RSU Award shall be referred to herein as the “Award.” Subject to the restrictions and conditions set forth herein and in the Plan, the Grantee shall receive the number of Restricted Stock Units specified above.

INSMED INCORPORATED NON-QUALIFIED STOCK OPTION AGREEMENT UNDER THE 2013 INCENTIVE PLAN
Non-Qualified Stock Option Agreement • March 6th, 2014 • Insmed Inc • Pharmaceutical preparations • Virginia

THIS AGREEMENT dated this , between INSMED INCORPORATED, a Virginia corporation (the “Company”), and (“Participant”), is made pursuant and subject to the provisions of the Insmed Incorporated 2013 Incentive Plan, as amended (the “Plan”), a copy of which has been made available to the Participant. All terms used herein that are defined in the Plan have the same meaning given them in the Plan.

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