0001104506-11-000007 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • February 1st, 2011 • Insmed Inc • Pharmaceutical preparations • New Jersey

This Employment Agreement ("Agreement") is made and entered into on this 31st day of January, 2011 effective as of December 2, 2010 by and between Insmed Incorporated, a Virginia corporation (the "Company"), and Nicholas A. LaBella Jr. (hereinafter, the "Executive"). This Agreement shall supersede and replace, in their entirety, any and all other agreements, whether oral or written, including, but not limited to the Change in Control Agreement entered into as of March 22, 2010 by and between the Company and the Executive (the “Change in Control Agreement”), entered into prior to the date of execution herein.

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EMPLOYMENT AGREEMENT
Employment Agreement • February 1st, 2011 • Insmed Inc • Pharmaceutical preparations • New Jersey

This Employment Agreement ("Agreement") is made and entered into on this 31st day of January, 2011 effective as of December 2, 2010 by and between Insmed Incorporated, a Virginia corporation (the "Company"), and Dr. Renu Gupta (hereinafter, the "Executive"). This Agreement shall supersede and replace, in their entirety, any and all other agreements, whether oral or written, including, but not limited to the Amended and Restated Employment Agreement entered into as of September 24, 2007 by and between Transave, Inc., a Delaware corporation (“Transave”) and the Executive and the Benefits Waiver Agreement entered into as of February 5, 2010 by and between Transave and the Executive (both collectively referred to as the “Other Agreements”), each entered into prior to the date of execution herein.

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