Exhibit 10.3

[gsl4dvxn2vog000001.jpg]

 

AMARIN CORPORATION plc 2020 STOCK INCENTIVE PLAN

AWARD AGREEMENT

 

This AWARD AGREEMENT (the “Agreement”) is entered into and made effective as of
[          ], 20[  ] between Amarin Corporation plc (the “Company”) and
[          ] (the “Optionee”). The Company hereby grants to the Optionee
Non-Qualified Stock Options (the “Options”) as set forth below.  Capitalized
terms used and not defined herein shall have the meanings set forth in the
Amarin Corporation plc 2020 Stock Incentive Plan (the “Plan”), which is
incorporated by this reference in its entirety.

 

1.

Number of Non-Qualified Stock Options: [          ]

 

2.

Per Share Purchase Price:  $[     ](provided that such Per Share Purchase Price
shall not be less than the par

value of the Share at any time, currently £0.50)

3.

Grant Date: [          ]

 

4.

Date Options Become Exercisable (Vesting): The Options shall vest pursuant to
the following table, subject to the Optionee’s Continuous Status as an Employee
or Consultant on each such date.

 

Number of

Ordinary Shares

Exercise Dates

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

[          ]

 

5.

Expiration Date: [          ]

6.

Terms of this Award Agreement:  In the event of a conflict between the
provisions of this Agreement and the Plan, except in relation to paragraph 7
below, the provisions of the Plan shall prevail. A copy of the Plan is provided
herewith.

 

7.

Non-transferable:  These Options shall not be transferable by the Optionee other
than by will or the laws of descent and distribution, and the Options shall be
exercisable, during the Optionee’s lifetime, only by the Optionee.

 

By signing this Agreement, you agree to all of the terms and conditions
described herein and in the Plan.

 

AMARIN CORPORATION plc OPTIONEE

 

By: ____________________________ Signature: ______________________________

Name: [          ]Name:[          ]

Title: [          ]