EX-10.1



 Exhibit 10.1 

REPLIGEN CORPORATION 

AMENDED AND RESTATED 

NON-EMPLOYEE DIRECTORS’ COMPENSATION POLICY 

Cash Fees 
 Annual Retainer: 

 

					
	 	  	Annual Retainer	 
	 Board of Directors (the “Board”)
	  			
	 Each Non-Employee Member of the Board
	  	$	45,000	  
	 Additional Retainer for the Chairperson
	  	$	80,000	  
		  	  
	  
	 
	 Audit Committee
	  			
	 Committee Chairperson
	  	$	30,000	  
	 Other Committee Members
	  	$	10,000	  
		  	  
	  
	 
	 Compensation Committee
	  			
	 Committee Chairperson
	  	$	16,000	  
	 Other Committee Members
	  	$	5,000	  
		  	  
	  
	 
	 Nominating and Corporate Governance Committee
	  			
	 Committee Chairperson
	  	$	16,000	  
	 Other Committee Members
	  	$	5,000	  
		  	  
	  
	 
	 Emeritus Directors1
	  			
	 Chairperson Emeritus1
	  	$	35,000	  
		  	  
	  
	 

 1 – Only payable if an emeritus director is not a member of the
board of directors. 
 The Annual Retainer will be paid quarterly, in arrears, or upon the earlier resignation or removal of the
non-employee director. Amounts owing to non-employee directors as Annual Retainer shall be annualized, meaning that for non-employee directors who join the Board during the calendar year, such amounts shall be pro rated based on the number of
calendar days served by such director. 
 Per Meeting fees: 

None, unless otherwise specifically duly approved by the Board or any committee thereof hereafter. 

Equity 
 Initial Equity Grant for a
Non-Employee Director: 
 On the effective date of a new director’s appointment or first election to the Board, such new director
shall receive an option to purchase 24,000 shares of Common Stock on the date he or she joins the Board (the “Initial Award”). The “strike price” for the Initial Award shall be the Closing Price. The Initial Award
shall vest annually in three equal installments on the first, second and third anniversary of the date of grant, provided that if a new director is first elected to the Board at an annual meeting of stockholders, then each vesting date in respect of
such Initial Award shall be on such anniversary of the date of grant or the date of the annual meeting of stockholders during such year, whichever is earlier, subject in all cases to service on the Board on such date. 







 Annual Equity Grant for each Non-Employee Director: 

Each non-employee director reelected to the Board at any annual meeting of stockholders shall receive an award of a stock option to purchase
shares of Common Stock and an award of restricted stock units on such date (collectively, the “Annual Award”). 
 The
stock option to be granted in the Annual Award (i) to the Chairperson of the Board shall have an aggregate value of $62,500 and (ii) to all other non-employee directors shall each have an aggregate value of $42,500. The number of shares
subject to each such stock option shall be determined by the Company using a Black Scholes methodology and its customary assumptions therefor. 

The number of restricted stock units to be granted in the Annual Award (i) to the Chairperson of the Board shall $62,500 divided by the
Closing Price and (ii) to all other non-employee directors shall each be equal to shall be equal to $42,500 divided by the Closing Price. 

Each Annual Award shall be fully vested on the anniversary of the date of grant or the date of the next annual meeting of stockholders,
whichever is earlier, subject to service on the Board on such date. 
 Definitions 

“Closing Price” shall mean the reported closing price of Repligen Corporation’s Common Stock on the Nasdaq Global
Market on any grant date, or the preceding business date if there are no market quotations on such date. 
 “Common
Stock” shall mean the common stock of Repligen Corporation, par value $0.01 per share. 

*        *        * 

ADOPTED BY THE BOARD OF DIRECTORS on May 21, 2015. 

  
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