EX-10.17



 Exhibit 10.17 

Directors’ Compensation Policy 
  

Overview 
 The Board of Directors of Corindus Vascular
Robotics, Inc. (the “Board”) has approved the following Director Compensation Policy (“Policy”) to provide an inducement to attract and retain the services of qualified persons to serve as directors. 

Eligibility 
 This Policy shall apply to each director of
the Board of Directors of Corindus Vascular Robotics, Inc. (the “Board”) who is not an employee of, or compensated consultant to, Corindus or any of its affiliates (a “non-employee director”). Employees of Corindus and their
affiliates are not eligible to receive compensation under this Policy. 
 Director Compensation 

Each non-employee director shall be compensated as follows: 
  

					
	 	  	Outside
Directors	 
	 Annual Board Cash Retainer
	  	$	20,000	  
	 Annual Equity Award (Stock Options)
	  	$	90,000	  
	 Additional Board Chair Retainer
	  	$	8,000	  
	 Additional Audit Committee Chair Retainer
	  	$	8,000	  
	 Additional Compensation Committee Chair Retainer
	  	$	6,000	  
	 Additional Nominating Committee Chair Retainer
	  	$	4,000	  
	 Additional Audit Committee Member Retainer
	  	$	4,000	  
	 Additional Compensation Committee Member Retainer
	  	$	3,000	  
	 Additional Nominating Committee Member Retainer
	  	$	2,000	  

 Equity Grants 
 Each
Outside Director shall be granted under Corindus’ 2014 Stock Award Plan or any successor plan (the “Stock Award Plan”) stock options for shares of Corindus’ common stock each year at the annual meeting of the Board following
Corindus’ annual meeting of stockholders beginning in calendar year 2016. The exercise price shall equal the closing price of a share of Corindus’ common stock on the grant date. The number of shares subject to the stock options shall be
determined based on the Black-Scholes value of an option as of the grant date. The stock options shall vest 50% on the first anniversary of the grant date and 100% on the second anniversary of the grant date, subject to the outside director’s
continued service on the Board. The grants shall vest in full immediately upon a Change in Control (as defined in the Stock Award Plan). 







 Payment Term for Cash Fees and Retainer 

Cash payments to non-employee directors shall be paid quarterly in advance as of the first day of each fiscal quarter. Cash fees and retainers shall commence
effective as of July 1, 2015, provided the Company has then completed an initial public offering. A non-employee director shall receive his or her cash compensation after first being elected or appointed to the Board on a pro-rated basis during
the first fiscal quarter in which he or she was initially appointed or elected for the number of days during which he or she provides service. 
 Expense
Reimbursement 
 Upon presentation of documentation of such expenses reasonably satisfactory to Corindus, each non-employee director shall be reimbursed
for his or her reasonable out-of-pocket business expenses incurred in connection with attending meetings of the Board and its committees or in connection with other business related to the Board. Each non-employee director shall also be reimbursed
for his or her reasonable out-of-pocket business expenses authorized by the Board or one of its committees that are incurred in connection with attendance at meetings with Corindus’ management. Each non-employee director shall abide by
Corindus’ travel and other policies applicable to company personnel. 
 Policy Review / Amendments 

The Compensation Committee or the Board shall review this Policy from time to time to assess whether any amendments in the type and amount of compensation
provided herein should be adjusted in order to fulfill the objectives of this Policy. This Policy may only be amended by the Board. 
 Approved by the
Corindus Vascular Robotics Board of Directors on May 18, 2015 

  
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