RESTRICTED STOCK UNIT AGREEMENT UNDER THE INSPIRE PHARMACEUTICALS, INC. 2005 EQUITY COMPENSATION PLANRestricted Stock Unit Agreement • November 7th, 2006 • Inspire Pharmaceuticals Inc • Pharmaceutical preparations • North Carolina
This Restricted Stock Unit Agreement (this “Agreement”) is made as of the day of (the “Effective Date”) between Inspire Pharmaceuticals, Inc. (the “Company”) and (the “Grantee”). The restricted stock units awarded pursuant to this Agreement (the “Units”) are subject to the terms set forth herein and the terms and provisions of the Inspire Pharmaceuticals, Inc. 2005 Equity Compensation Plan (the “Plan”) applicable to restricted stock units, which terms and provisions are incorporated herein by reference. Unless the context requires otherwise, the terms defined in the Plan shall have the same meanings herein.
