0001104659-19-026009 Sample Contracts

Vericel Corporation 2019 Omnibus Incentive Plan Incentive Stock Option Award Agreement
Incentive Stock Option Award Agreement • May 1st, 2019 • Vericel Corp • Biological products, (no disgnostic substances) • Michigan

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”).

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Vericel Corporation 2019 Omnibus Incentive Plan Restricted Stock Unit Award Agreement for Company Employees
Restricted Stock Unit Award Agreement • May 1st, 2019 • Vericel Corp • Biological products, (no disgnostic substances) • Michigan

Pursuant to the Vericel Corporation 2019 Omnibus Incentive Plan as amended through the date hereof (the “Plan”), Vericel Corporation (the “Company”) hereby grants an award of the number of Restricted Stock Units listed above (an “Award”) to the Participant named above. Each Restricted Stock Unit shall relate to one share of common stock, no par value per share (each, a “Share”) of the Company.

Vericel Corporation 2019 Omnibus Incentive Plan Restricted Stock Unit Award Agreement for Non-Employee Directors
Restricted Stock Unit Award Agreement • May 1st, 2019 • Vericel Corp • Biological products, (no disgnostic substances) • Michigan

Pursuant to the Vericel Corporation 2019 Omnibus Incentive Plan as amended through the date hereof (the “Plan”), Vericel Corporation (the “Company”) hereby grants an award of the number of Restricted Stock Units listed above (an “Award”) to the Participant named above. Each Restricted Stock Unit shall relate to one share of common stock, no par value per share (each, a “Share”) of the Company.

Vericel Corporation 2019 Omnibus Incentive Plan Non-Qualified Stock Option Award Agreement for Non-Employee Directors
Non-Qualified Stock Option Award Agreement • May 1st, 2019 • Vericel Corp • Biological products, (no disgnostic substances) • Michigan

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”).

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