0001628280-22-012151 Sample Contracts

Form of New Hire Incentive Stock Option Award Agreement Under the 2019 Plan Vericel Corporation 2019 Omnibus Incentive Plan Incentive Stock Option Award Agreement
Incentive Stock Option Award Agreement • May 4th, 2022 • 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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Form of Non-Qualified Stock Option Award Agreement for Non-Employee Directors Under the 2019 Plan Vericel Corporation 2019 Omnibus Incentive Plan Non- Qualified Stock Option Award Agreement for Non-Employee Directors
Award Agreement • May 4th, 2022 • 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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