Non-Qualified Stock Option Terms and Conditions Sample Contracts

IMMUNOGEN, INC. NON-QUALIFIED STOCK OPTION TERMS AND CONDITIONS
Non-Qualified Stock Option Terms and Conditions • December 20th, 2019 • ImmunoGen, Inc. • Pharmaceutical preparations • Massachusetts

This Option Agreement is entered into and made effective as of the grant date referenced in the Grant Detail (the “Date of Grant”) and is between ImmunoGen, Inc., a Massachusetts corporation (the “Company”), and the employee or consultant of the Company (the “Participant”) referenced in the Grant Detail. Certain capitalized terms, to the extent not defined where they first appear in this Option Agreement, are defined in the Company’s Inducement Equity Incentive Plan (the “Plan”) . The Company and the Participant understand and agree that the Option shall be granted in compliance with Nasdaq Listing Rule 5635(c)(4) as a material inducement to the Participant entering into employment with the Company.

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IMMUNOGEN, INC. NON-QUALIFIED STOCK OPTION TERMS AND CONDITIONS
Non-Qualified Stock Option Terms and Conditions • June 22nd, 2018 • Immunogen Inc • Pharmaceutical preparations • Massachusetts

This Option Agreement is entered into and made effective as of the grant date referenced in the Grant Detail (the “Date of Grant”) and is between ImmunoGen, Inc., a Massachusetts corporation (the “Company”), and the outside director of the Company (the “Non-Employee Director”) referenced in the Grant Detail. Certain capitalized terms, to the extent not defined where they first appear in this Option Agreement, are defined in the Company’s 2018 Employee, Director and Consultant Equity Incentive Plan (the “Plan”).

IMMUNOGEN, INC. NON-QUALIFIED STOCK OPTION TERMS AND CONDITIONS
Non-Qualified Stock Option Terms and Conditions • March 1st, 2023 • ImmunoGen, Inc. • Pharmaceutical preparations • Massachusetts

This Option Agreement is entered into and made effective as of the grant date referenced in the Grant Detail (the “Date of Grant”) and is between ImmunoGen, Inc., a Massachusetts corporation (the “Company”), and the non-employee director of the Company (the “Non-Employee Director”) referenced in the Grant Detail. Certain capitalized terms, to the extent not defined where they first appear in this Option Agreement, are defined in the Company’s Amended and Restated 2018 Employee, Director and Consultant Equity Incentive Plan (as amended from time to time, the “Plan”).

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