Document

因塞特公司
2010年修訂和重訂的股票激勵計劃

限制性股票單位獎勵通知

您已被授予以下單位，代表因塞特公司（「因塞特」）普通股的股份，在因塞特公司修訂和重訂的2010年股票激勵計劃下，經過修訂的（「計劃」）：

授予日期：[授予日期]

收件人姓名：[收件人姓名]

股票總數

授予單位:[___________]

認股期開始日期: [__________]

解禁計劃： [___________]

您和因塞特同意，這些單位是根據計劃和美國限制股票單位獎勵協議（"協議"）授予並受其支配，可以通過點擊上面提供的鏈接進行查閱。接受本通知即表示您同意所有這些條款和條件。

當您接受此通知時，因塞特可能會通過電子郵件向您發送與計劃或此獎勵相關的所有文件。因塞特也可能通過在由因塞特維護的網站上發佈這些文件或由與因塞特簽訂合同的第三方發佈這些文件來交付這些文件。如果因塞特在網站上發佈這些文件，您將收到通知。

4876-0437-4996.v1

因塞特公司
2010年修訂和重訂的股票激勵計劃
美國受限制股票單位獎勵協議


適用於拖欠餘額的合格住宅客戶的分期付款安排長達12個月。先支付欠款金額的定金，然後通過分期支付剩餘金額，加上常規月度賬單。			收到單位或結算單位後發行因塞特普通股份時，無需進行現金支付。然而，因塞特將在下文定義並進一步描述的任何與稅收有關的項目中扣除稅額。
兌現			單位的授予將如《限制性股票單位獎勵通知書》中所示進行歸屬。在您作爲因塞特（或任何子公司）的僱員、董事、顧問或顧問的任職終止後，除非是因爲您全面退休或根據以下《控制權變更》中所提供的原因，不會再有額外的單位歸屬。在您全面退休的情況下，您退休之日起至少一年前授予的單位將根據獎勵通知中規定的歸屬計劃繼續歸屬。退休前不到一年授予的單位將被沒收。這裏的「全面退休」是指您已年滿65歲且在因塞特（或任何子公司）工作至少10年後終止了因塞特（或任何子公司）員工職務。
取消			如果您作爲因塞特（或任何子公司）的僱員、董事、顧問或顧問因其他原因而終止服務，而非根據上述「歸屬」下定義的全面退休，那麼在終止日期之前尚未歸屬且不因終止而歸屬的單位將被沒收。在您全面退休的情況下，離您退休前不到一年授予的單位將被取消。「沒收」意味着單位將立即被取消。沒被沒收的單位不會獲得支付。因塞特確定您的服務何時終止以此爲準。

-1-

4876-0437-4996.v1


缺席之假			就本獎勵而言，當你休軍假、病假或其他假時，你的服務不會終止善意請假，前提是休假得到Incyte的書面批准，並且休假條款或適用法律要求繼續提供服務積分。但是，除非你立即恢復在職工作，否則你的服務將在批准的休假結束時終止。
單位的性質			您的單位只是簿記條目。它們僅代表Incyte在未來某個日期發行Incyte普通股的無資金和無擔保承諾。作爲單位持有人，除了Incyte普通債權人的權利外，您沒有其他權利。
沒有投票權或分紅			您的單位既沒有投票權，也沒有分紅權。除非您的單位通過發行Incyte普通股進行結算，否則您或您的遺產或繼承人沒有作爲Incyte股東的權利。如果適用的記錄日期發生在您的股票證書發行之前，則不會提供股息等價物，也不會對分紅或其他權利進行調整，但如果股息以額外Incyte普通股的形式支付，則根據本協議授予的單位數量將按比例進行調整，方法是將該數字乘以一股Incyte普通股持有者的Incyte普通股數量股息支付日期之前將在股息支付日之後生效。
單位結算			您的每個單位將在單位歸屬日期之後儘快結算，但不遲於萬億美元之後的30天。在結算時，每個既得單位您將獲得一股Incyte普通股。
稅收責任			無論Incyte或您的僱主採取任何行動（如果不同），所有所得稅（包括美國聯邦、州和地方稅和/或非美國稅）、社會保險、工資稅、附帶福利稅、記賬付款或其他與您參與本計劃有關且在法律上適用於您的稅收相關項目（「稅收相關項目」）的最終責任是並且仍然是您的責任，並且可能超過預扣的金額（如果有）由 Incyte 或您的僱主提供。 Incyte和您的僱主（i）不對任何稅收相關項目的待遇做出任何陳述或承諾，（ii）不承諾也沒有義務減少或取消您對稅收相關項目的責任，也沒有義務爲實現任何特定的稅收結果而制定本裁決的條款。如果您在多個司法管轄區納稅，Incyte和/或您的僱主（或前僱主，如適用）可能需要在多個司法管轄區預扣或說明與稅收相關的物品。在發生任何應納稅或預扣稅事件之前，您將做出令Incyte和您的僱主滿意的安排，以便Incyte和您的僱主可以履行與稅收相關的項目的任何預扣義務。在履行此類義務之前，不得要求Incyte發行任何Incyte普通股或交付出售任何Incyte普通股的收益。在這方面，Incyte將在單位結算時預扣Incyte普通股，以履行稅收相關項目的任何適用的預扣義務。或者，如果您不是《交易法》規定的Incyte第16條高管，Incyte和/或您的僱主或其各自的代理人可以自行決定通過以下一種或多種方式履行稅收相關物品的任何適用的預扣稅義務： (A)從您的工資中扣留Incyte和/或您的僱主應付給您的其他現金金額； (B)通過自願出售或通過Incyte安排的強制性出售（根據本授權代表您，無需進一步同意）在單位結算時收購的Incyte普通股的出售所得收益中扣留； (C)要求您向 Incyte 或您的僱主支付現金；和/或 (D)Incyte確定並經適用法律允許的任何其他預扣方法。如果通過預扣Incyte普通股來履行稅收相關物品的義務，則出於稅收目的，儘管爲支付稅收相關項目而預扣了Incyte普通股的部分股份，但仍將視爲您已獲得受既得單位約束的Incyte普通股的全部股份。 Incyte可以通過考慮法定預扣稅率或其他適用的預扣稅率（包括在本計劃允許的範圍內不超過您所在司法管轄區的最高適用稅率）來預扣或覈算與稅收相關的項目。如果任何超額預扣稅是由於適用法定或其他預扣稅率造成的，您可能會從僱主那裏獲得退款，或者您可能需要向您所在國家的稅務機關申請退款，但您無權獲得任何利息或等值的Incyte普通股。如果申請或法定或其他預扣稅率導致任何少繳預扣稅，則您可能需要向您所在國家/地區的稅務機關支付額外款項。

-2-

4876-0437-4996.v1


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.

-3-

4876-0437-4996.v1


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.

-4-

4876-0437-4996.v1


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).

-5-

4876-0437-4996.v1


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.

-6-

4876-0437-4996.v1