Document

因塞特公司
2010年修订和重订的股票激励计划

限制性股票单位奖励通知

您已被授予以下单位，代表因塞特公司（“因塞特”）普通股的股份，在因塞特公司修订和重订的2010年股票激励计划下，经过修订的（“计划”）：

授予日期：[授予日期]

收件人姓名：[收件人姓名]

股票总数

授予单位:[___________]

认股期开始日期: [__________]

解禁计划： [___________]

您和因塞特同意，这些单位是根据计划和美国限制股票单位奖励协议（"协议"）授予并受其支配，可以通过点击上面提供的链接进行查阅。接受本通知即表示您同意所有这些条款和条件。

当您接受此通知时，因塞特可能会通过电子邮件向您发送与计划或此奖励相关的所有文件。因塞特也可能通过在由因塞特维护的网站上发布这些文件或由与因塞特签订合同的第三方发布这些文件来交付这些文件。如果因塞特在网站上发布这些文件，您将收到通知。

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因塞特公司
2010年修订和重订的股票激励计划
美国受限制股票单位奖励协议


适用于拖欠余额的合格住宅客户的分期付款安排长达12个月。先支付欠款金额的定金，然后通过分期支付剩余金额，加上常规月度账单。			收到单位或结算单位后发行因塞特普通股份时，无需进行现金支付。然而，因塞特将在下文定义并进一步描述的任何与税收有关的项目中扣除税额。
兑现			单位的授予将如《限制性股票单位奖励通知书》中所示进行归属。在您作为因塞特（或任何子公司）的雇员、董事、顾问或顾问的任职终止后，除非是因为您全面退休或根据以下《控制权变更》中所提供的原因，不会再有额外的单位归属。在您全面退休的情况下，您退休之日起至少一年前授予的单位将根据奖励通知中规定的归属计划继续归属。退休前不到一年授予的单位将被没收。这里的“全面退休”是指您已年满65岁且在因塞特（或任何子公司）工作至少10年后终止了因塞特（或任何子公司）员工职务。
取消			如果您作为因塞特（或任何子公司）的雇员、董事、顾问或顾问因其他原因而终止服务，而非根据上述“归属”下定义的全面退休，那么在终止日期之前尚未归属且不因终止而归属的单位将被没收。在您全面退休的情况下，离您退休前不到一年授予的单位将被取消。“没收”意味着单位将立即被取消。没被没收的单位不会获得支付。因塞特确定您的服务何时终止以此为准。

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缺席之假			就本奖励而言，当你休军假、病假或其他假时，你的服务不会终止善意请假，前提是休假得到Incyte的书面批准，并且休假条款或适用法律要求继续提供服务积分。但是，除非你立即恢复在职工作，否则你的服务将在批准的休假结束时终止。
单位的性质			您的单位只是簿记条目。它们仅代表Incyte在未来某个日期发行Incyte普通股的无资金和无担保承诺。作为单位持有人，除了Incyte普通债权人的权利外，您没有其他权利。
没有投票权或分红			您的单位既没有投票权，也没有分红权。除非您的单位通过发行Incyte普通股进行结算，否则您或您的遗产或继承人没有作为Incyte股东的权利。如果适用的记录日期发生在您的股票证书发行之前，则不会提供股息等价物，也不会对分红或其他权利进行调整，但如果股息以额外Incyte普通股的形式支付，则根据本协议授予的单位数量将按比例进行调整，方法是将该数字乘以一股Incyte普通股持有者的Incyte普通股数量股息支付日期之前将在股息支付日之后生效。
单位结算			您的每个单位将在单位归属日期之后尽快结算，但不迟于万亿美元之后的30天。在结算时，每个既得单位您将获得一股Incyte普通股。
税收责任			无论Incyte或您的雇主采取任何行动（如果不同），所有所得税（包括美国联邦、州和地方税和/或非美国税）、社会保险、工资税、附带福利税、记账付款或其他与您参与本计划有关且在法律上适用于您的税收相关项目（“税收相关项目”）的最终责任是并且仍然是您的责任，并且可能超过预扣的金额（如果有）由 Incyte 或您的雇主提供。 Incyte和您的雇主（i）不对任何税收相关项目的待遇做出任何陈述或承诺，（ii）不承诺也没有义务减少或取消您对税收相关项目的责任，也没有义务为实现任何特定的税收结果而制定本裁决的条款。如果您在多个司法管辖区纳税，Incyte和/或您的雇主（或前雇主，如适用）可能需要在多个司法管辖区预扣或说明与税收相关的物品。在发生任何应纳税或预扣税事件之前，您将做出令Incyte和您的雇主满意的安排，以便Incyte和您的雇主可以履行与税收相关的项目的任何预扣义务。在履行此类义务之前，不得要求Incyte发行任何Incyte普通股或交付出售任何Incyte普通股的收益。在这方面，Incyte将在单位结算时预扣Incyte普通股，以履行税收相关项目的任何适用的预扣义务。或者，如果您不是《交易法》规定的Incyte第16条高管，Incyte和/或您的雇主或其各自的代理人可以自行决定通过以下一种或多种方式履行税收相关物品的任何适用的预扣税义务： (A)从您的工资中扣留Incyte和/或您的雇主应付给您的其他现金金额； (B)通过自愿出售或通过Incyte安排的强制性出售（根据本授权代表您，无需进一步同意）在单位结算时收购的Incyte普通股的出售所得收益中扣留； (C)要求您向 Incyte 或您的雇主支付现金；和/或 (D)Incyte确定并经适用法律允许的任何其他预扣方法。如果通过预扣Incyte普通股来履行税收相关物品的义务，则出于税收目的，尽管为支付税收相关项目而预扣了Incyte普通股的部分股份，但仍将视为您已获得受既得单位约束的Incyte普通股的全部股份。 Incyte可以通过考虑法定预扣税率或其他适用的预扣税率（包括在本计划允许的范围内不超过您所在司法管辖区的最高适用税率）来预扣或核算与税收相关的项目。如果任何超额预扣税是由于适用法定或其他预扣税率造成的，您可能会从雇主那里获得退款，或者您可能需要向您所在国家的税务机关申请退款，但您无权获得任何利息或等值的Incyte普通股。如果申请或法定或其他预扣税率导致任何少缴预扣税，则您可能需要向您所在国家/地区的税务机关支付额外款项。

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Change in Control			The following provisions will apply in the event a Change in Control (as defined in the Plan) occurs while the units granted under this Agreement are outstanding and you are still performing service as an employee, director, consultant or advisor of Incyte (or any parent or subsidiary). For purposes of these provisions, Incyte or any parent or subsidiary for which you are performing services is referred to as the “Employer.” If this Agreement is not assumed or replaced with a new comparable award (with the determination of comparability to be made by the Committee), then there would be full accelerated vesting of the units upon the Change in Control. If this Agreement is assumed or replaced with a new comparable award, then the units (or such comparable award) would vest in full if within one year following the Change in Control your service for the Employer is terminated without Cause or is Constructively Terminated. For purposes of this Agreement, “Cause” shall mean (i) in the case where there is no employment agreement, consulting agreement, change in control agreement or similar agreement or plan in effect between Incyte and you on the date specified in the award notice (or where there is such an agreement or plan but it does not define “cause” (or words of like import)): (A) your continued failure to perform your duties with the Employer (other than any such failure resulting from incapacity due to physical or mental illness or total and permanent disability, which incapacity has been recognized as such by the Committee or its designee); (B) engagement in illegal conduct, gross misconduct or dishonesty that is injurious to the Employer or its affiliates; (C) unauthorized disclosure or misuse of any of the Employer’s secret, confidential or proprietary information, knowledge or data relating to the Employer or its affiliates; or (D) violation of any of the employee policies or procedures of the Employer; or (ii) in the case where there is an employment agreement, consulting agreement, change in control agreement or similar agreement or plan in effect between Incyte and you on the date specified in the award notice that defines “cause” (or words of like import), as defined under such agreement or plan. For purposes of this Agreement, “Constructive Termination” shall mean (i) in the case where there is no employment agreement, consulting agreement, change in control agreement or similar agreement or plan in effect between Incyte and you on the date specified in the award notice (or where there is such an agreement or plan but it does not define “constructive termination” (or words of like import)): (A) the assignment to you of any duties fundamentally inconsistent with your position, authority, duties or responsibilities as in effect immediately prior to a Change in Control (or any other action by the Employer that results in a fundamental diminishment in such position, authority, duties or responsibilities as in effect immediately prior to a Change in Control), provided that neither a mere change in title alone nor reassignment to a position that is substantially similar to the position held prior to the Change in Control shall constitute fundamental diminishment; (B) the Employer requiring you to be based at any office or location more than 50 miles from the office or location where you are based immediately prior to the Change in Control; or (C) any reduction in your annual base salary or target bonus opportunity (if any) from that which exists immediately prior to a Change in Control; or (ii) in the case where there is an employment agreement, consulting agreement, change in control agreement or similar agreement or plan in effect between Incyte and you on the date specified in the award notice that defines “constructive termination” (or words of like import), as defined under such agreement or plan.
Units Nontransferable			You may not sell, transfer, assign, pledge or otherwise dispose of any of your units. For instance, you may not use your units as security for a loan. If you attempt to do any of these things, your units will immediately become invalid. You may, however, dispose of any vested but unsettled units in your will. Regardless of any marital property settlement agreement, Incyte is not obligated to recognize your former spouse’s interest in your units in any way.
Beneficiary Designation			You may designate a beneficiary in writing to receive your vested units in the event you die before settlement of the units. A beneficiary designation must be filed with Incyte on the proper form, and it will be recognized only if it has been received at Incyte’s headquarters before your death. If you file no beneficiary designation, if none of your designated beneficiaries survives you, or if your beneficiary designation is determined not to be valid (in Incyte’s sole and absolute discretion), then your estate will receive any vested units that you hold at the time of your death.
Restrictions on Resale			By accepting the award notice, you agree not to sell any shares of Incyte common stock issued upon settlement of the units at a time when applicable laws or Incyte policies prohibit a sale. This restriction will apply as long as you are an employee, director, consultant or advisor of Incyte (or any subsidiary).
Retention Rights			Neither your award nor this Agreement gives you the right to be retained by Incyte (or any subsidiary) in any capacity. Incyte (and any subsidiaries) reserve the right to terminate your service at any time, with or without cause.

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Adjustments			In the event of a stock split, a stock dividend or a similar change in Incyte common stock, the number of your units covered by this award may be adjusted pursuant to the Plan.
Recovery and Reimbursement of Gain			Incyte shall have the right to recover, or receive reimbursement for, any compensation or profit realized by the issuance or settlement of units under this Agreement, or by the disposition of any shares issued upon settlement of the units, to the extent Incyte has such a right of recovery or reimbursement under applicable securities laws.
Compliance with Section 409A of the Code			Incyte intends that the vesting and settlement of the units awarded under this Agreement will qualify for an exemption from the application of, or will otherwise comply with, Section 409A of the U.S. Internal Revenue Code. Incyte reserves the right, to the extent it deems necessary or advisable, to amend this Agreement without your consent in order to maintain such qualification for exemption or compliance. By reserving this right, however, Incyte is not guarantying that Section 409A will never apply to the vesting and/or settlement of the units, or that the requirements of Section 409A will be complied with.

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Jurisdiction-Specific Provisions			Additional or different terms and conditions and/or information with respect to this award may be included in an appendix to this Agreement. The appendices constitute part of this Agreement. This award is subject to any terms and conditions for your jurisdiction set forth in Appendix A to this Agreement (“Appendix A”). If you transfer residence and/or employment to a country reflected in Appendix A, the terms and conditions for such country will apply to you to the extent Incyte determines, in its sole discretion, that the application of such terms and conditions is necessary or advisable for legal or administrative reasons. In addition, Incyte may impose other requirements on this award and require you to sign additional agreements or undertakings that Incyte determines may be necessary or advisable for legal or administrative reasons to accomplish the grant of this award or the issuance of the securities issuable upon settlement of this award. Information regarding the use of personal data in connection with the Plan is set forth in Appendix B to this Agreement (“Appendix B”).
Applicable Law			This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to its choice of law provisions).

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Venue			Any and all disputes relating to, concerning or arising from this Agreement, or relating to, concerning or arising from the relationship between you and Incyte evidenced by this award or this Agreement, shall be brought and heard exclusively in the United States District Court for the District of Delaware or the Delaware Superior Court, New Castle County. You hereby represent and agree that you are subject to the personal jurisdiction of said courts, irrevocably consent to the jurisdiction of such courts in any legal or equitable proceedings related to, concerning or arising from such dispute, and waive, to the fullest extent permitted by law, any objection which you may now or hereafter have that the laying of the venue of any legal or equitable proceedings related to, concerning or arising from such dispute which is brought in such courts is improper or that such proceedings have been brought in an inconvenient forum.
The Plan and Other Agreements			The text of the Incyte Corporation Amended and Restated 2010 Stock Incentive Plan (the “Plan”) is incorporated in this Agreement by reference. All capitalized terms not defined in this Agreement are subject to definition under the Plan. If there is any discrepancy between the terms and conditions of this Agreement and the terms and conditions of the Plan, the terms and conditions of the Plan shall control. This Agreement, the award notice and the Plan constitute the entire understanding between you and Incyte regarding this award. Any prior agreements, commitments or negotiations concerning this award are superseded. This Agreement may be amended by the Committee without your consent; however, if any such amendment would materially impair your rights or obligations under the Agreement, this Agreement may be amended only by another written agreement (which may be electronic) entered into between you and Incyte.

By accepting the award notice, you agree to all of the terms and conditions

described in the Agreement (including any appendix) and in the Plan.

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