Exhibit 10.15
Notice of Grant of Restricted Stock Unit and Award Agreement | Cytokinetics Incorporated ID: 94-3291317 350 Oyster Point Blvd. South San Francisco, CA 94080 |
First and Last Name Address line 1 Address line 2 City, State and Zip Code |
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Unless otherwise defined herein, the terms defined in the Cytokinetics, Incorporated Amended and Restated 2004 Equity Incentive Plan (the “Plan”) shall have the same defined meanings in this Restricted Stock Unit Award Agreement (the “Agreement”).
You have been granted an Award of Restricted Stock Units (“RSUs”), subject to the terms and conditions of the Plan and this Agreement, as follows:
Grant Number: |
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Plan: |
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ID: |
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Date of Grant: |
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Type of Award: |
| RSUs |
Total Number of Shares Granted: |
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Vesting Schedule: |
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• 40% of RSUs vest on the 1-year anniversary of the Date of Grant; • An additional 40% of RSUs vest on the 2-year anniversary of the Date of Grant; and • The remaining 20% of RSUs vest on the 3-year anniversary of the Date of Grant. |
By Participant’s electronic acceptance and the electronic signature of the Company's representative below, the Participant and the Company agree that this Restricted Stock Unit Award Agreement is granted under and governed by the terms and conditions of the Amended and Restated 2004 Equity Incentive Plan (the “Plan”) and this Restricted Stock Unit Award Agreement. Participant has reviewed the Plan and this Restricted Stock Unit Award Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Restricted Stock Unit Award Agreement and fully understands all provisions of the Plan and this Agreement. Participant acknowledges that as of the Date of Grant, this Restricted Stock Unit Grant Notice, the Award Agreement and the Plan set forth the entire understanding between Participant and the Company regarding the acquisition of the Common Stock pursuant to the Restricted Stock Units specified above and supersede all prior oral and written agreements on the terms of the Restricted Stock Units with the exception, if applicable, of (i) restricted stock units previously granted and delivered to Participant, (ii) any compensation recovery policy that is adopted by the Company or is otherwise required by applicable law and (iii) any written employment or severance arrangement that would provide for vesting acceleration of these RSUs upon the terms and conditions set forth therein. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and this Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated above.
By accepting this award of Restricted Stock Units, Participant consents to receive such documents by electronic delivery and to participate in the Plan through an on-line or electronic system established and maintained by the Company or another third party designated by the Company.
CYTOKINETICS, INC.: |
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Robert I. Blum |
| Participant’s Name |
President and Chief Executive Officer |