Document:

Form of Performance Unit Agreement

 Exhibit 10.4 

Form of Award Notice 

[The information set forth in this Award Notice will be contained on the related pages on Merrill Lynch Benefits Website (or
the website of any successor company to Merrill Lynch Bank & Trust Co., FSB). This Award Notice shall be replaced by the equivalent pages on such website. References to Award Notice in this Agreement shall then refer to the equivalent pages
on such website ] 
 This notice of Award (the “Award Notice”) sets forth certain details
relating to the grant by the Company to you of the Award identified below, pursuant to the Plan. The terms of this Award Notice are incorporated into the Agreement that accompanies this Award Notice and made of part of the Agreement. Capitalized
terms used in this Award Notice that are not otherwise defined in this Award Notice have the meanings given to such terms in the Agreement. 
  

			
	 Employee:
	  	
	 Employee ID:
	  	
	 Address:
	  	
	 Award Type:
	  	
	 Grant ID:
	  	
	 Plan:
	  	 Amgen Inc. 2009 Equity Incentive Plan

	 Program
	  	 Amgen Inc. 2009 Performance Award Program

	 Grant Date:
	  	
	 Number of Shares
	  	
	 Number of Performance Units
	  	
	 Resolutions:
	  	 The Resolutions of the Compensation and Management Development Committee of the Board of Directors of Amgen Inc., adopted on
                            , regarding the Amgen Inc. 2009 Performance Award Program

	 Performance Period:
	  	 The Performance Period beginning on                     ,
200     and ending on                     , 200    

	 Expiration Date:
	  	 The [            
(    th)] anniversary of the date of
this Award

	 Vesting Date:
	  	 Means the vesting date indicated in the Vesting Schedule

	 Vesting Schedule:
	  	 Means the schedule of vesting set forth under Vesting Details

	 Vesting Details:
	  	 Means the presentation (tabular or otherwise) of the Vesting Date and the quantity of Shares vesting.

 PERFORMANCE UNIT AGREEMENT 

THE SPECIFIC TERMS OF YOUR GRANT OF PERFORMANCE UNITS ARE FOUND IN THE PAGES RELATING TO THE GRANT OF PERFORMANCE UNITS FOUND ON
MERRILL LYNCH BENEFITS WEBSITE (OR THE WEBSITE OF ANY SUCCESSOR COMPANY TO MERRILL LYNCH BANK & TRUST CO., FSB) (THE “AWARD NOTICE”) WHICH ACCOMPANIES THIS DOCUMENT. THE TERMS OF THE AWARD NOTICE ARE INCORPORATED INTO THIS
PERFORMANCE UNIT AGREEMENT. 
 On the Grant Date specified in the Award Notice, Amgen Inc., a Delaware
corporation (the “Company”), has granted to you, the grantee named in the Award Notice, under the plan specified in the Award Notice (the “Plan”), the Number of Performance Units (the “Performance
Units”) specified in the Award Notice on the terms and conditions set forth in this Performance Unit Agreement (and any applicable special terms and conditions for your country set forth in the attached Appendix A (as described in
greater detail in Section XIII below)) (collectively, this “Agreement”), the Plan, the Amgen Inc. 2009 Performance Award Program (the “Program”) and the Resolutions (as defined below). Capitalized terms not defined herein
shall have the meanings assigned to such terms in the Program. 
 I. Performance Period. The Performance
Period shall have the meaning set forth in the Award Notice. 
 II. Value of Performance Units. The value
of each Performance Unit is equal to a share of Common Stock. 
 III. Performance Goals. An amount of the
Performance Units up to the maximum amount specified in the Resolutions shall be earned, depending on the extent to which the Company achieves objectively determinable Performance Goals established by the Committee pursuant to the Resolutions. The
Performance Units earned shall be calculated in accordance with the Resolutions and the Program. 
 IV. Form
and Timing of Payment. Subject to Section XII and except as set forth in the Program, for any Performance Units earned pursuant to Section III above, the specified payment date applicable to such Performance Units shall be the year immediately
following the end of the Performance Period. Shares of Common Stock issued in respect of a Performance Unit shall be deemed to be issued in consideration of past services actually rendered by you to the Company or an Affiliate or for its benefit for
which you have not previously been compensated or for future services to be rendered, as the case may be, which the Company deems to have a value at least equal to the aggregate par value thereof. 

V. Issuance of Certificates; Tax Withholding. Regardless of any action the Company or your actual employer (the
“Employer”) takes with respect to any or all income tax (including federal, state and local taxes), social insurance, payroll tax, payment on account or other tax-related items related to your participation in the Plan and the Program and
legally applicable to you (the “Tax Obligations”), you acknowledge that the ultimate liability for all Tax 
  

 1 

 
Obligations is and remains your responsibility and may exceed the amount actually withheld by the Company and/or your Employer. You further acknowledge that the Company and/or your Employer make
no representations or undertakings regarding the treatment of any Tax Obligations in connection with any aspect of the Performance Units, including the grant of the Performance Units, the vesting of the Performance Units, the conversion of the
Performance Units into shares or the receipt of an equivalent cash payment, the subsequent sale of any shares acquired at settlement and the receipt of any dividends; and (ii) do not commit to and are under no obligation to structure the terms
of the grant or any aspect of the Performance Units to reduce or eliminate your liability for Tax Obligations or to achieve any particular tax result. Furthermore, if you become subject to tax in more than one jurisdiction between the Grant Date and
the date of any relevant taxable event, you acknowledge that the Company and/or your Employer (or former employer, as applicable) may be required to withhold or account for Tax Obligations in more than one jurisdiction. 

Prior to any relevant taxable or tax withholding event, as applicable, you shall pay or make adequate arrangements
satisfactory to the Company or to your Employer (in their sole discretion) to satisfy all Tax Obligations. In this regard, you authorize the Company and/or your Employer, or their respective agents, at their discretion, to satisfy all applicable Tax
Obligations by one or a combination of the following: 
 (a) withholding from your wages or other cash
compensation paid to you by the Company and/or your Employer; 
 (b) withholding from proceeds of the sale of
shares of Common Stock issued upon settlement of the Performance Units, either through a voluntary sale or through a mandatory sale arranged by the Company (on your behalf pursuant to this authorization); 

(c) withholding in shares of Common Stock to be issued upon settlement of the Performance Units provided that the Company
and your Employer shall only withhold an amount of shares of Common Stock with a fair market value equal to the Tax Obligations. 

To avoid adverse accounting treatment, the Company may withhold or account for Tax Obligations not to exceed the
applicable minimum statutory withholding rates or other applicable withholding rates. If the Tax Obligations are satisfied by withholding in shares of Common Stock, for tax purposes, you are deemed to have been issued the full number of shares
subject to the earned Performance Units, notwithstanding that a number of shares of Common Stock is held back solely for the purpose of paying the Tax Obligations due as a result of any aspect of your participation in the Plan (any shares of Common
Stock withheld by the Company hereunder shall not be deemed to have been issued by the Company for any purpose under the Plan and shall remain available for issuance thereunder). 

Finally, you shall pay to the Company or your Employer any amount of Tax Obligations that the Company or your Employer
may be required to withhold or account for as a result of your participation in the Plan and the Program that cannot be satisfied by the means previously described. You agree to take any further actions and to execute any additional documents as may
be necessary to effectuate the provisions of this Section V. Notwithstanding Section IV above, the Company may refuse to issue or deliver the shares of Common Stock or the proceeds of the sale of shares of Common Stock if you fail to comply with
your obligations in connection with the Tax Obligations. 
  

 2 

 VI. Nontransferability. No benefit payable under, or interest in,
this Agreement or in the shares of Common Stock that may become issuable to you hereunder shall be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge and any such attempted action shall be
void and no such benefit or interest shall be, in any manner, liable for, or subject to, your or your beneficiary’s debts, contracts, liabilities or torts; provided, however, nothing in this Section VI shall prevent transfer (i) by
will or (ii) by applicable laws of descent and distribution. 
 VII. No Contract for Employment.
This Agreement is not an employment or service contract with the Company or an Affiliate and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on your part to continue in the employ or service of the Company or
an Affiliate, or of the Company or an Affiliate to continue your employment or service with the Company or an Affiliate. 

VIII. Nature of Grant. In accepting the grant of Performance Units, you acknowledge that: 

(a) the Plan and the Program are established voluntarily by the Company, are discretionary in nature and may be modified,
amended, suspended or terminated by the Company at any time, as provided in the Plan and in the Program; 
 (b)
the grant of the Performance Units is voluntary and occasional and does not create any contractual or other right to receive future awards of Performance Units, or benefits in lieu of Performance Units, even if Performance Units have been awarded
repeatedly in the past; 
 (c) all decisions with respect to future awards, if any, will be at the sole
discretion of the Company; 
 (d) your participation in the Plan and the Program is voluntary; 

(e) for labor law purposes outside the United States, Performance Units are an extraordinary item that does not
constitute compensation of any kind for services of any kind rendered to the Company or to the Employer, and the grant of Performance Units is outside the scope of your employment contract, if any; 

(f) for labor law purposes outside the United States, the grant of Performance Units and the shares of Common Stock
subject to the Performance Units are not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculation of any severance, resignation, termination, redundancy, dismissal, end-of-service payments,
bonuses, holiday pay, long-service awards, pension or retirement benefits or similar payments; 
  

 3 

 (g) the grant of Performance Units and the shares of Common Stock subject to
the Performance Units are not intended to replace any pension rights or compensation; 
 (h) neither the grant
of Performance Units nor any provision of this Agreement, the Plan, the Program or the policies adopted pursuant to the Plan or Program confer upon you any right with respect to employment or continuation of current employment and shall not be
interpreted to form an employment contract or relationship with the Company or any Affiliate of the Company; 

(i) the future value of the shares of Common Stock that may be earned upon the end of the Performance Period is unknown
and cannot be predicted with certainty; 
 (j) in consideration of the grant of Performance Units hereunder, no
claim or entitlement to compensation or damages shall arise from forfeiture of the Performance Units resulting from termination of your employment by the Company or an Affiliate of the Company (for any reason whatsoever and whether or not in breach
of local labor laws) and you irrevocably release the Company and your Employer from any such claim that may arise; if, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction to have arisen, you shall be deemed
irrevocably to have waived your entitlement to pursue such claim; 
 (k) in the event of termination of your
employment (whether or not in breach of local labor laws), your right to receive Performance Units and receive shares under the Plan and the Program, if any, will terminate effective as of the date that you are no longer actively employed and will
not be extended by any notice period mandated under local law (e.g., active employment would not include a period of “garden leave” or similar period pursuant to local law); and 

(l) the Performance Units and the benefits under the Plan and the Program, if any, will not automatically transfer to
another company in case of a merger, takeover or transfer of liability. 
 IX. No Advice Regarding Grant.
The Company is not providing any tax, legal or financial advice, nor is the Company making any recommendations regarding your participation in the Plan and the Program, or your acquisition or sale of the underlying shares of Common Stock. You are
hereby advised to consult with your personal tax, legal and financial advisors regarding your participation in the Plan and the Program before taking any action related thereto. 

X. Notices. Any notices provided for in this Agreement, the Plan or the Program shall be given in writing or
electronically and shall be deemed effectively given upon receipt or, in the case of notices delivered by the Company to you, five (5) days after deposit in the United States mail, postage prepaid, addressed to you at such address as is
currently maintained in the Company’s records or at such other address as you hereafter designate by written notice to the Company Stock Administrator. Such notices may be given using any automated system for the documentation, granting or
exercise of Awards, such as a system using an internet website or interactive voice response, as approved by the Company. 
  

 4 

 XI. Resolutions, Plan and Program. This Agreement is subject to all
the provisions of the Resolutions, the Plan and the Program and their provisions are hereby made a part of this Agreement and incorporated herein by reference, including, without limitation, the provisions of Articles 5 and 9 of the Plan (relating
to Performance-Based Compensation and Performance Awards, respectively) and Section 13.2 of the Plan (relating to adjustments upon changes in the Common Stock), and is further subject to all interpretations, amendments, rules and regulations
which may from time to time be promulgated and adopted pursuant to the Plan. In the event of any conflict between the provisions of this Agreement and those of the Resolutions, the Plan and the Program, the provisions of the Plan shall control.
Notwithstanding any provision of this Agreement or the Program to the contrary, any earned Performance Units paid in cash rather than shares of Common Stock shall not be deemed to have been issued by the Company for any purpose under the Plan.

 XII. No Compensation Deferral. The Performance Units are not intended to constitute
“nonqualified deferred compensation” within the meaning of Section 409A of the U.S. Internal Revenue Code of 1986, as amended from time to time (together with the regulations and official guidance promulgated thereunder, the
“Code”). However, if at any time the Committee determines that the Performance Units may be subject to Section 409A of the Code, the Committee shall have the right, in its sole discretion, and without your prior
consent to amend the Program as it may determine is necessary or desirable either for the Performance Units to be exempt from the application of Section 409A of the Code or to satisfy the requirements of Section 409A of the
Code, including by adding conditions with respect to the vesting and/or the payment of the Performance Units, provided that no such amendment may change the Program’s “performance goals,” within the meaning of Section 162(m) of
the Code, with respect to any person who is a “covered employee,” within the meaning of Section 162(m) of the Code. Any such amendment to the Program may in the Committee’s sole discretion apply retroactively to this award of
Performance Units. 
 XIII. Provisions Applicable to Participants in Foreign Jurisdictions.
Notwithstanding any provision of this Agreement or the Program to the contrary, if you are employed by the Company or an Affiliate in any of the countries identified in the attached Appendix A (which constitutes a part of this Agreement), are
subject to the laws of any foreign jurisdiction, or relocate to one of the countries included in the attached Appendix A, your award of Performance Units shall be subject to any special terms and conditions for such country set forth in
Appendix A and to the following additional terms and conditions: 
 (a) the terms and conditions of this
Agreement, including Appendix A, are deemed modified to the extent necessary or advisable to comply with applicable foreign laws or facilitate the administration of the Plan and the Program; 

(b) if applicable, the effectiveness of your Award is conditioned upon its compliance with any applicable foreign laws,
regulations, rules or local governmental regulatory exemption and subject to receipt of any required foreign regulatory approvals; 
  

 5 

 (c) to the extent necessary to comply with applicable foreign laws, the
payment of any earned Performance Units shall be made in cash or Common Stock, at the Company’s election; and 

(d) the Committee may take any other action, before or after an award of Performance Units is made, that it deems
necessary or advisable to obtain approval or comply with any necessary local governmental regulatory exemptions or approvals. 

Notwithstanding the foregoing, the Committee may not take any actions hereunder, and no award of Performance Units shall be granted, that
would violate the Securities Act, the Exchange Act, the Code, or any other securities or tax or other applicable law or regulation. Notwithstanding anything to the contrary contained herein, the shares issuable upon vesting of the Performance Units
shall not be issued unless such shares are then registered under the Securities Act, or, if such shares are not then so registered, the Company has determined that such exercise and issuance would be exempt from the registration requirements of the
Securities Act. 
 XIV. Data Privacy and Notice of Consent. You hereby
explicitly and unambiguously consent to the collection, use and transfer, in electronic or other form, of your personal data as described in this Agreement by and among, as applicable, the Employer, the Company, or Affiliates of the Company for the
exclusive purpose of implementing, administering and managing your participation in the Plan and the Program. 

You understand that the Company and the Employer may hold certain personal information about you, including, but
not limited to, your name, home address and telephone number, date of birth, social insurance number (to the extent permitted under applicable local law) or other identification number, salary, nationality, job title, residency status, any shares of
stock or directorships held in the Company, details of all equity compensation or any other entitlement to shares awarded, canceled, vested, unvested or outstanding in your favor, for the purpose of implementing, administering and managing the Plan
and the Program (“Data”). You understand that Data may be transferred to Merrill Lynch Bank & Trust Co., FSB (or any successor thereto), any third parties assisting in the implementation, administration and management of the Plan
and the Program, that these recipients may be located in your country, or elsewhere, including outside the European Economic Area and that the recipient’s country (e.g., the United States) may have different data privacy laws and protections
than your country. You understand that you may request a list with the names and addresses of any potential recipients of the Data by contacting your local human resources representative. You authorize the Employer, the Company, Affiliates of the
Company Merrill Lynch Bank & Trust Co., FSB (or any successor thereto), and any other possible recipients which may assist the Company (presently or in the future) with implementing, administering and managing your participation in the Plan
and the Program to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of implementing, administering and managing your participation in the Plan and the Program, including any requisite transfer of
such Data as may be required to a broker, escrow agent or other third party with whom the shares received upon vesting of the Performance Units may be deposited. You understand that Data will be held only as long as is necessary to implement,
administer and manage your participation in the Plan and the Program. You understand that you may, at any time, view 
  

 6 

 
Data, request additional information about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by
contacting in writing your local human resources representative. You understand that refusal or withdrawal of consent may affect your ability to participate in the Plan and the Program. For more information on the consequences of your refusal to
consent or withdrawal of consent, you understand that you may contact your local human resources representative. 

XV. Language. If you have received this Agreement or any other document related to the Plan and/or the Program
translated into a language other than English and if the meaning of the translated version is different than the English version, the English version will control. 

XVI. Governing Law. The terms of this Agreement shall be governed by the laws of the State of Delaware without
giving effect to principles of conflicts of laws. For purposes of litigating any dispute that arises hereunder, the parties hereby submit to and consent to the jurisdiction of the State of Delaware, and agree that such litigation shall be conducted
in the courts of the State of Delaware, or the federal courts for the United States for the federal district located in the State of Delaware, and no other courts, where this Agreement is made and/or to be performed. 

XVII. Severability. The provisions of this Agreement are severable and if any one or more provisions are
determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions shall nevertheless be binding and enforceable. 

XVIII. Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related
to current or future participation in the Plan and/or the Program by electronic means. You hereby consent to receive such documents by electronic delivery and agree 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. 
  

 7 

 XIX. Imposition of Other Requirements. The Company reserves the right
to impose other requirements on your participation in the Plan and the Program, on the Performance Units and on any shares of Common Stock acquired under the Plan and the Program, to the extent the Company determines it is necessary or advisable in
order to comply with local law or facilitate the administration of the Plan, and to require you to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. 

 

			
	 Very truly yours,

AMGEN INC.

		
	 By:
	 	  

	 Name:
	 	
	 Title:
	 	

 Accepted and Agreed, 

this        day of
                    , 200    . 
  

			
	 By:
	 	  

	 Name:
	 	  

 

 8 

 APPENDIX A 

ADDITIONAL TERMS AND CONDITIONS OF THE 

AMGEN INC. 2009 EQUITY INCENTIVE PLAN 

AWARD OF PERFORMANCE UNITS 

(BY COUNTRY) 
 TERMS
AND CONDITIONS 
 This Appendix includes additional terms and conditions that govern any Performance Units granted to you
under the Plan if you are working in one of the countries listed below. Certain capitalized terms used but not defined in this Appendix shall have the meanings set forth in the Plan, the Program and/or the Award Agreement to which this Appendix is
attached. 
 NOTIFICATIONS 

This Appendix also includes notifications relating to exchange control and other issues of which you should be aware with respect to your
participation in the Plan. The information is based on the exchange control, securities and other laws in effect in the countries to which this Appendix refers as of February 1, 2010. Such laws are often complex and change frequently. As a
result, the Company strongly recommends that you not rely on the notifications herein as the only source of information relating to the consequences of your participation in the Plan because the information may be outdated when you acquire shares of
Common Stock under the Plan, or when you subsequently sell shares of Common Stock acquired under the Plan. 
 In addition, the
notifications are general in nature and may not apply to your particular situation, and the Company is not in a position to assure you of any particular result. Accordingly, you are advised to seek appropriate professional advice as to how the
relevant laws in your country may apply to your situation. Finally, if you are a citizen or resident of a country other than the one in which you are currently working, the information contained herein may not be applicable to you. 

 

 Appendix-1 

 AUSTRALIA 

TERMS AND CONDITIONS 

Performance Units Payable Only in Shares. Notwithstanding any discretion in the Plan or the Program or anything to the contrary in
the Award Agreement, the Award does not provide any right for you to receive a cash payment and shall be paid in shares of Common Stock only. 

AUSTRIA 
 NOTIFICATIONS

 Consumer Protection Notification. You may be entitled to revoke acceptance of the Award on the basis of
the Austrian Consumer Protection Act (the “Act”) under the conditions listed below, if the Act is considered to be applicable to the Award, the Plan and the Program: 

 

	 	(i)	 If you accept the Award outside the business premises of the Company, you may be entitled to revoke your acceptance of the Award, provided the
revocation is made within one (1) week after such acceptance of an Award. 

  

	 	(ii)	 The revocation must be in written form to be valid. It is sufficient if you return the applicable Award Agreement to the Company or the
Company’s representative with language which can be understood as a refusal to conclude or honor the applicable Award Agreement, provided the revocation is sent within the period discussed above. 

Exchange Control Notification.

When you sell shares of Common Stock acquired under the Plan, there may be exchange control obligations if the cash proceeds are held
outside of Austria. If the transaction volume of all accounts abroad exceeds €3,000,000, the movements and balances of all accounts must be reported monthly, as of the last day of the month, on or before the 15th day of the following month, on
the prescribed form (Meldungen SI-Forderungen und/oder SI-Verpflichtungen). 
 BELGIUM 

NOTIFICATIONS 

Tax Reporting Notification. You are required to report any taxable income attributable to the Award granted hereunder on your
annual tax return. You are also required to report any bank accounts opened and maintained outside Belgium on your annual tax return. 
  

 Appendix-2 

 BRAZIL 

NOTIFICATIONS 

Exchange Control Information. If you are resident or domiciled in Brazil, you will be required to submit annually a declaration of
assets and rights held outside of Brazil to the Central Bank of Brazil if the aggregate value of such assets and rights equals or exceeds US$100,000. Assets and rights that must be reported include the shares of Common Stock. 

BULGARIA 
 There
are no country-specific provisions. 
 CANADA 

TERMS AND CONDITIONS 

Termination of Service. This provision supplements Section VIII(k) of the Award Agreement: 

In the event of involuntary termination of your employment (whether or not in breach of local labor laws), your right to receive an Award
and vest in such Award under the Plan and the Program, if any, will terminate effective as of the date that is the earlier of: (1) the date you receive notice of termination of employment from the Company or your Employer, or (2) the date
you are no longer actively employed by the Company or your Employer regardless of any notice period or period of pay in lieu of such notice required under local law (including, but not limited to statutory law, regulatory law and/or common law).
Your right, if any, to acquire shares of Common Stock pursuant to an Award after termination of employment will be measured by the date of termination of your active employment and will not be extended by any notice period mandated under local law.

 The following provisions will apply to you if you are a resident of Quebec: 

Language Consent. The parties acknowledge that it is their express wish that this agreement, as well as all documents,
notices, and legal proceedings entered into, given or instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English. 

Les parties reconnaissent avoir exigé la rédaction en anglais de cette convention (“Agreement”),
ainsi que de tous documents exécutés, avis donnés et procédures judiciaries intentées, directement ou indirectement, relativement à ou suite à la présente convention. 

Data Privacy Notice and Consent. This provision supplements Section XIV of the Award Agreement: 

You hereby authorize the Company and the Company’s representative to discuss with and obtain all relevant information from all
personnel (professional or not) involved in the administration and operation of the Plan and the Program. You further authorize the Company and your 

 

 Appendix-3 

 
Employer to disclose and discuss your participation in the Plan with their advisors. You also authorize the Company and your Employer to record such information and keep it in your employee file.

 CZECH REPUBLIC 

NOTIFICATIONS 

Exchange Control Notification. Proceeds from the sale of shares of Common Stock may be held in a cash account abroad and you
are no longer required to report the opening and maintenance of a foreign account to the Czech National Bank (the “CNB”), unless the CNB notifies you specifically that such reporting is required. Upon request of the CNB, you may need to
file a notification within 15 days of the end of the calendar quarter in which you acquire shares of Common Stock. 
 DENMARK

 NOTIFICATIONS 

Exchange Control Information. If you establish an account holding shares or an account holding cash outside Denmark, you must
report the account to the Danish Tax Administration. The form which should be used in this respect can be obtained from a local bank. (These obligations are separate from and in addition to the obligations described below.) 

Securities/Tax Reporting Information. If you hold shares of Common Stock acquired under the Plan in a brokerage account with
a broker or bank outside Denmark, you are required to inform the Danish Tax Administration about the account. For this purpose, you must file a Form V (Erklaering V) with the Danish Tax Administration. The Form V must be signed both by you
and by the applicable broker or bank where the account is held. By signing the Form V, the broker or bank undertakes to forward information to the Danish Tax Administration concerning the shares in the account without further request each year. By
signing the Form V, you authorize the Danish Tax Administration to examine the account. 
 In addition, if you open a brokerage
account (or a deposit account with a U.S. bank) for the purpose of holding cash outside Denmark, you are also required to inform the Danish Tax Administration about this account. To do so, you must file a Form K (Erklaering K) with the
Danish Tax Administration. The Form K must be signed both by you and by the applicable broker or bank where the account is held. By signing the Form K, the broker/bank undertakes an obligation, without further request each year, to forward
information to the Danish Tax Administration concerning the content of the account. By signing the Form K, you authorize the Danish Tax Administration to examine the account. 

FINLAND 
 There are no
country-specific provisions. 
  

 Appendix-4 

 GERMANY 

There are no country-specific provisions. 

GREECE 
 There are
no country-specific provisions. 
 HONG KONG 

TERMS AND CONDITIONS 

SECURITIES WARNING: The Performance Units and any shares of Common Stock issued in respect of Performance Units do not constitute a
public offering of securities under Hong Kong law and are available only to Participants under the Program. The Award Agreement, including this Appendix, the Program, the Plan and other incidental communication materials have not been prepared in
accordance with and are not intended to constitute a “prospectus” for a public offering of securities under the applicable securities legislation in Hong Kong, nor have the documents been reviewed by any regulatory authority in Hong Kong.
The Performance Units and any documentation related thereto are intended solely for the personal use of each Participant under the Program and may not be distributed to any other person. If you are in doubt about any of the contents of the Award
Agreement, including this Appendix, the Program or the Plan, you should obtain independent professional advice. 

Performance Units Payable Only in Shares. Notwithstanding any discretion in the Plan or the Program or anything to the
contrary in the Award Agreement, the Award does not provide any right for you to receive a cash payment and shall be paid in shares of Common Stock only. 

Sale of Shares of Common Stock. In the event that shares of Common Stock are issued in respect of Performance Units within
six (6) months of the Grant Date, you agree that you will not dispose of such shares prior to the six-month anniversary of the Grant Date. 

HUNGARY 
 There
are no country-specific provisions. 
 INDIA 

TERMS AND CONDITIONS 

There are no country-specific provisions. 

NOTIFICATIONS 

Exchange Control Notification. You must repatriate the proceeds from the sale of shares of Common Stock acquired under the
Plan and the Program and any dividends received in relation 
  

 Appendix-5 

 
to the shares of Common Stock to India within 90 days after receipt. You must maintain the foreign inward remittance certificate received from the bank where the foreign currency is deposited in
the event that the Reserve Bank of India or your Employer requests proof of repatriation. 
 IRELAND 

TERMS AND CONDITIONS 

Nature of Grant. This provision supplements Section VIII of the Award Agreement: 

In accepting the Award granted hereunder, you acknowledge your understanding and agreement that the benefits received under the Plan will
not be taken into account for any redundancy or unfair dismissal claim. 
 NOTIFICATIONS 

Director Notification Requirements. If you are a director, shadow director or secretary of an Irish Affiliate, you must notify
the Irish Affiliate in writing within five (5) business days of receiving or disposing of an interest in the Company (e.g., an Award or shares of Common Stock) in the Company, or within five (5) business days of becoming aware of
the event giving rise to the notification requirement, or within five (5) business days of becoming a director or secretary if such an interest exists at the time. This notification requirement also applies with respect to the interests of a
spouse or minor children (whose interests, if any, will be attributed to the director, shadow director or secretary). 
 ITALY 

 TERMS AND CONDITIONS 

Data Privacy Consent. The following provision replaces Section XIV of the Award Agreement: 

You hereby explicitly and unambiguously consent to the collection, use, processing and transfer, in electronic or other form, of
your personal data as described herein by and among, as applicable, your Employer, the Company and any Affiliate for the exclusive purpose of implementing, administering, and managing your participation in the Plan and the Program.

 You understand that your Employer, the Company and any Affiliate may hold certain personal information about
you, including, but not limited to, your name, home address and telephone number, date of birth, social insurance (to the extent permitted under Italian law) or other identification number, salary, nationality, job title, any shares or directorships
held in the Company or any Affiliate, details of all Awards granted, or any other entitlement to shares of Common Stock awarded, canceled, exercised, vested, unvested or outstanding in your favor, for the exclusive purpose of implementing, managing
and administering the Plan and the Program (“Data”). 
  

 Appendix-6 

 You also understand that providing the Company with Data is necessary for the
performance of the Plan and the Program and that your refusal to provide such Data would make it impossible for the Company to perform its contractual obligations and may affect your ability to participate in the Plan and the Program. The Controller
of personal data processing is Amgen Inc., with registered offices at One Amgen Center Drive, Thousand Oaks, California 91320, U.S.A., and, pursuant to Legislative Decree no. 196/2003, its Representative in Italy for privacy purposes is Amgen Dompe
S.p.A., with registered offices at Via Tazzoli, 6 – 20154 Milan, Italy. 
 You understand that Data will not
be publicized, but it may be transferred to banks, other financial institutions, or brokers involved in the management and administration of the Plan and the Program. You understand that Data may also be transferred to the independent registered
public accounting firm engaged by the Company. You further understand that the Company and/or any Affiliate will transfer Data among themselves as necessary for the purposes of implementing, administering and managing your participation in the Plan
and the Program, and that the Company and/or any Affiliate may each further transfer Data to third parties assisting the Company in the implementation, administration, and management of the Plan and the Program, including any requisite transfer of
Data to a broker or other third party with whom you may elect to deposit any shares of Common Stock issued in respect of the Award. Such recipients may receive, possess, use, retain, and transfer Data in electronic or other form, for the purposes of
implementing, administering, and managing your participation in the Plan and the Program. You understand that these recipients may be located in or outside the European Economic Area, such as in the United States or elsewhere. Should the Company
exercise its discretion in suspending all necessary legal obligations connected with the management and administration of the Plan and the Program, it will delete Data as soon as it has completed all the necessary legal obligations connected with
the management and administration of the Plan and the Program. 
 You understand that Data processing related to
the purposes specified above shall take place under automated or non-automated conditions, anonymously when possible, that comply with the purposes for which Data is collected and with confidentiality and security provisions, as set forth by
applicable laws and regulations, with specific reference to Legislative Decree no. 196/2003. 
 The processing
activity, including communication, the transfer of Data abroad, including outside of the European Economic Area, as herein specified and pursuant to applicable laws and regulations, does not require your consent thereto, as the processing is
necessary to performance of contractual obligations related to implementation, administration, and management of the Plan. You understand that, pursuant to Section 7 of the Legislative Decree no. 196/2003, you have the right to, including but
not limited to, access, delete, update, correct, or terminate, for legitimate reason, the Data processing. 

Furthermore, you are aware that Data will not be used for direct-marketing purposes. In addition, Data provided can be reviewed and
questions or complaints can be addressed by contacting your local human resources representative. 
  

 Appendix-7 

 Acknowledgement of Nature of Grant. By accepting the Award granted hereunder, you
acknowledge that (1) you have received a copy of the Plan, the Program, the Award Agreement and this Appendix; (2) you have reviewed the applicable documents in their entirety and fully understand the contents thereof; and (3) you
accept all provisions of the Plan, the Program, the Award Agreement and this Appendix. 
 You further acknowledge that you have
read and specifically and explicitly approve, without limitation, the following sections of the Award Agreement: Section III, Section IV, Section V, Section VIII, Section III, Section XIV (as replaced by the above consent), Section XV and
Section XIX. 
 JAPAN 

There are no country-specific provisions. 

LITHUANIA 
 There
are no country-specific provisions. 
 MEXICO 

TERMS AND CONDITIONS 

Acknowledgement of the Grant. In accepting the Award granted hereunder, you acknowledge that you have received a copy of the
Plan and the Program, have reviewed the Plan and the Program and the Award Agreement, including this Appendix, in their entirety and fully understand and accept all provisions of the Plan, the Program and the Award Agreement, including this
Appendix. You further acknowledge that you have read and specifically and expressly approve the terms and conditions of Section VIII of the Award Agreement, in which the following is clearly described and established: 

 

	 	(1)	 Your participation in the Plan and the Program do not constitute an acquired right. 

 

	 	(2)	 The Plan and your participation in the Plan and the Program are offered by Amgen Inc. on a wholly discretionary basis. 

 

	 	(3)	 Your participation in the Plan and the Program is voluntary. 

 

	 	(4)	 Amgen Inc. and its Affiliates are not responsible for any decrease in the value of any shares of Common Stock issued with respect to the Award.

 Labor Law Acknowledgement and Policy Statement. In accepting any Award granted hereunder, you
expressly recognize that Amgen Inc., with registered offices at One Amgen Center Drive, Thousand Oaks, California 91320, U.S.A., is solely responsible for the administration of the Plan and that your participation in the Plan and acquisition of
shares of 
  

 Appendix-8 

 
Common Stock do not constitute an employment relationship between you and Amgen Inc. since you are participating in the Plan on a wholly commercial basis and your sole employer is Amgen Latin
America Services, S.A. de C.V. (“Amgen-Mexico”). Based on the foregoing, you expressly recognize that the Plan and the Program and the benefits that you may derive from participation in the Plan and the Program do not establish any rights
between you and your Employer, Amgen-Mexico, and do not form part of the employment conditions and/or benefits provided by Amgen-Mexico and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and
conditions of your employment. 
 You further understand that your participation in the Plan and the Program is as a result of a
unilateral and discretionary decision of Amgen Inc.; therefore, Amgen Inc. reserves the absolute right to amend and/or discontinue your participation in the Plan at any time without any liability to you. 

Finally, you hereby declare that you do not reserve to yourself any action or right to bring any claim against Amgen Inc. for any
compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and you therefore grant a full and broad release to Amgen Inc., its Affiliates, shareholders, officers, agents or legal representatives with
respect to any claim that may arise. 
 Spanish Translation 

Reconocimiento del Otorgamiento. Al aceptar cualquier Otorgamiento de Acciones bajo el presente documento, usted reconoce que
ha recibido una copia del Plan y del Programa, que ha revisado el Plan y el Programa, así como también el Apéndice en su totalidad, además que comprende y está de acuerdo con todas las disposiciones tanto del Plan,
del Programa y del Otorgamiento, incluyendo este Apéndice. Asimismo, usted reconoce que ha leído y manifiesta específicamente y expresamente la conformidad con los términos y condiciones establecidos en la Sección
VIII del Acuerdo del Otorgamiento, en los que se establece y describe claramente que: 
  

	 	(1)	 Su participación en el Plan y en el Programa de ninguna manera constituye un derecho adquirido. 

 

	 	(2)	 Su participación en Plan y en el Programa son ofrecidos por Amgen Inc. de forma completamente discrecional. 

 

	 	(3)	 Su participación en el Plan y en el Programa es voluntaria. 

 

	 	(4)	 Amgen Inc. y sus Afiliados no son responsables de ninguna disminución en el valor de las Acciones Comunes emitidas mediante el Plan.

 Reconocimiento de la Ley Laboral y Declaración de Política. Al aceptar cualquier
Otorgamiento bajo el presente, usted reconoce expresamente que Amgen Inc., con oficinas registradas localizadas en One Amgen Center Drive, Thousand Oaks, California 91320, U.S.A., es la única responsable de la administración del Plan y
que su participación en el mismo y la 
  

 Appendix-9 

 
adquisición de Acciones Comunes no constituyen de ninguna manera una relación laboral entre usted y Amgen Inc., debido a que su participación en el Plan es únicamente
una relación comercial y que su único empleador es Amgen Latin America Services, S.A. de C.V. (“Amgen-Mexico”). Derivado de lo anterior, usted reconoce expresamente que el Plan y el Programa y los beneficios a su favor que
pudieran derivar de la participación en el mismo, no establecen ningún derecho entre usted y su empleador, Amgen – México, y no forman parte de las condiciones laborales y/o los beneficios otorgados por Amgen –
México, y cualquier modificación del Plan o la terminación del mismo no constituirá un cambio o desmejora de los términos y condiciones de su trabajo. 

Asimismo, usted entiende que su participación en el Plan y en el Programa es resultado de la decisión unilateral y
discrecional de Amgen Inc., por lo tanto, Amgen Inc. se reserva el derecho absoluto de modificar y/o descontinuar su participación en el Plan en cualquier momento y sin ninguna responsabilidad para usted. 

Finalmente, usted manifiesta que no se reserva ninguna acción o derecho que origine una demanda en contra de Amgen Inc., por
cualquier compensación o daños y perjuicios, en relación con cualquier disposición del Plan o de los beneficios derivados del mismo, y en consecuencia usted exime amplia y completamente a Amgen Inc. de toda
responsabilidad, como así también a sus Afiliadas, accionistas, directores, agentes o representantes legales con respecto a cualquier demanda que pudiera surgir. 

NETHERLANDS 
 NOTIFICATIONS

 Securities Law Notification. You should be aware of Dutch insider-trading rules, which may impact the sale
of shares of Common Stock issued in respect of the Award. In particular, you may be prohibited from effectuating certain transactions if you have insider information regarding the Company. 

By accepting the Award granted hereunder and participating in the Plan and the Program, you acknowledge having read and understood this
Securities Law Notification and further acknowledge that it is your responsibility to comply with the following Dutch insider-trading rules: 

Under Article 46 of the Act on the Supervision of the Securities Trade 1995, anyone who has “inside information” related to the
Company is prohibited from effectuating a transaction in securities in or from the Netherlands. “Inside information” is knowledge of a detail concerning the issuer to which the securities relate that is not public and which, if published,
would reasonably be expected to affect the stock price, regardless of the development of the price. 
 Given the broad scope of
the definition of inside information, certain employees of the Company working at an Affiliate in the Netherlands (including persons eligible to participate in the Plan and the Program) may have inside information and, thus, would be prohibited from
effectuating a transaction in securities in the Netherlands at a time when in possession of such inside information. 
  

 Appendix-10 

 NEW ZEALAND 

There are no country-specific provisions. 

NORWAY 
 There are
no country-specific provisions. 
 POLAND 

NOTIFICATIONS 

Exchange Control Notification. Polish residents holding foreign securities (including shares of Common Stock) and maintaining
accounts abroad must report information to the National Bank of Poland on transactions and balances of the securities and cash deposited in such accounts if the value of such transactions or balances exceeds €10,000. If required, the reports
are due on a quarterly basis by the 20th day following the end of each quarter. The reports are filed on special forms available on the website of the National Bank of Poland. 

PORTUGAL 
 NOTIFICATIONS

 Exchange Control Notification. If you do not hold the shares of Common Stock issued in respect of the
Award with a Portuguese financial intermediary, you may need to file a report with the Portuguese Central Bank. If the shares are held by a Portuguese financial intermediary, it will file the report for you. 

PUERTO RICO 

There are no country-specific provisions. 

ROMANIA 
 NOTIFICATIONS

 Exchange Control Notification. If you deposit proceeds from the sale of shares of Common Stock in a bank
account in Romania, you may be required to provide the Romanian bank assisting with the transaction with appropriate documentation explaining the source of the income. You should consult with a legal advisor to determine whether you will be required
to submit such documentation to the Romanian bank. 
  

 Appendix-11 

 RUSSIA 

TERMS AND CONDITIONS 

Settlement of Award. Depending on developments in Russian securities regulations, the Company reserves the right, in its sole
discretion, to force the immediate sale of any shares of Common Stock to be issued upon vesting of the Award granted hereunder. You agree that, if applicable, the Company is authorized to instruct Merrill Lynch Bank & Trust Co., FSB (or
such other broker as may be designated by the Company) to assist with the mandatory sale of such shares of Common Stock (on your behalf pursuant to this authorization) and you expressly authorize Merrill Lynch Bank & Trust Co., FSB (or such
other broker as may be designated by the Company) to complete the sale of such shares. You acknowledge that Merrill Lynch Bank & Trust Co., FSB (or such other broker as may be designated by the Company) is under no obligation to arrange for
the sale of the Shares at any particular trading price. Upon the sale of shares of Common Stock, you will receive the cash proceeds from the sale of shares, less any brokerage fees or commissions and subject to your obligations in connection with
the Tax Obligations. 
 Securities Law Requirements. The Award granted hereunder, the Award Agreement, including
this Appendix, the Program, the Plan and all other materials you may receive regarding your participation in the Plan and the Program or the Award granted hereunder do not constitute advertising or an offering of securities in Russia. The issuance
of shares of Common Stock in respect of the Award has not and will not be registered in Russia; therefore, such shares may not be offered or placed in public circulation in Russia. 

In no event will shares of Common Stock acquired under the Plan be delivered to you in Russia; all shares of Common Stock will be
maintained on your behalf in the United States. 
 You are not permitted to sell any shares acquired under the Plan directly to
a Russian legal entity or resident. 
 NOTIFICATIONS 

Exchange Control Notification. You must repatriate the proceeds from the sale of shares acquired under the Plan (and any
dividends received in relation to such shares) to Russia within a reasonably short period after receipt. The sale proceeds and any dividends received must be initially credited to you through a foreign currency account opened in your name at an
authorized bank in Russia. After the funds are initially received in Russia, they may be further remitted to a foreign bank subject to the following limitations: (i) the foreign account may be opened only for individuals; (ii) the foreign
account may not be used for business activities; (iii) the Russian tax authorities must be given notice about the opening/closing of each foreign account within one month of the account opening/closing; and (iv) the Russian tax authorities
must be given notice of the account balances of such foreign accounts as of the beginning of each calendar year. 
  

 Appendix-12 

 SLOVAKIA 

NOTIFICATIONS 

Exchange Control Information. You are required to notify the Slovak National Bank with respect to the establishment of
accounts abroad within 15 days of the end of the calendar year. The notification forms may be found at the Slovak National Bank website (www.nbs.sk). You should consult your personal legal advisor to determine which forms you must submit and
when such forms will be due. 
 SLOVENIA 

There are no country-specific provisions. 

SPAIN 
 TERMS AND CONDITIONS

 Labor Law Acknowledgement. The following provision supplements Section VIII of the Award Agreement:

 By accepting the Award granted hereunder, you consent to participation in the Plan and the Program and acknowledge that you
have received a copy of the Plan and the Program. 
 You understand that the Company has unilaterally, gratuitously and in its
sole discretion decided to grant the Award under the Plan and the Program to individuals who may be employees of the Company or its Affiliates throughout the world. The decision is a limited decision that is entered into upon the express assumption
and condition that the Awards granted will not economically or otherwise bind the Company or any of its Affiliates on an ongoing basis, other than as expressly set forth in the applicable Award Agreement, including this Appendix. Consequently, you
understand that the Award granted hereunder is given on the assumption and condition that it shall not become a part of any employment contract (either with the Company or any of its Affiliates) and shall not be considered a mandatory benefit,
salary for any purposes (including severance compensation) or any other right whatsoever. Further, you understand and freely accept that there is no guarantee that any benefit whatsoever shall arise from any gratuitous and discretionary grant of the
Award since the future value of the Award and any shares of Common Stock that may be issued in respect of such Award is unknown and unpredictable. In addition, you understand that the Award granted hereunder would not be made but for the assumptions
and conditions referred to above; thus, you understand, acknowledge and freely accept that, should any or all of the assumptions be mistaken or should any of the conditions not be met for any reason, then the grant of the Award or right to the Award
shall be null and void. 
 NOTIFICATIONS 

Exchange Control Notification. When receiving foreign currency payments derived from the ownership of shares acquired under the
Plan (i.e., dividends or sale proceeds), you must inform 
  

 Appendix-13 

 
the financial institution receiving the payment of the basis upon which such payment is made. You will need to provide the institution with the following information: (i) your name, address,
and fiscal identification number; (ii) the name and corporate domicile of the Company; (iii) the amount of the payment and the currency used; (iv) the country of origin; (v) the reasons for the payment; and (vi) further
information that may be required. 
 If you acquire shares of Common Stock under the Plan and wish to import the ownership title
of such shares (i.e., share certificates) into Spain, you must declare the importation of such securities to the Direccion General de Política Comercial y de Inversiones Extranjeras. 

SWEDEN 
 There are
no country-specific provisions. 
 SWITZERLAND 

NOTIFICATIONS 

Securities Law Notification. The Award offered hereunder is considered a private offering in Switzerland and is, therefore,
not subject to registration in Switzerland. 
 TURKEY 

There are no country-specific provisions. 

UNITED ARAB EMIRATES 

There are no country-specific provisions. 

UNITED KINGDOM 
 TERMS AND
CONDITIONS 
 Tax Withholding. This provision supplements Section V of the Award Agreement: 

You agree that if you do not pay or your Employer or the Company does not withhold from you the full amount of Tax Obligations that you
owe due at issuance of shares of Common Stock in respect of the Performance Units, or the release or assignment of the Performance Units for consideration, or the receipt of any other benefit in connection with the Performance Units (the
“Taxable Event”) within 90 days after the Taxable Event, or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003, then the amount that should have been withheld shall constitute a
loan owed by you to your Employer, effective 90 days after the Taxable Event. You agree that the loan will bear interest at the official rate of HM Revenue and Customs (“HMRC”) and will be immediately due and repayable by you, and the
Company and/or your Employer may recover it at any time thereafter by withholding (subject to Section V of the Agreement) the funds from salary, bonus or any other funds due to you by 

 

 Appendix-14 

 
your Employer, by withholding in shares of Common Stock issued in respect of the Performance Units or from the cash proceeds from the sale of shares of Common Stock or by demanding cash or a
check from you. You also authorize the Company to delay the issuance of any shares of Common Stock to you unless and until the loan is repaid in full. 

Notwithstanding the foregoing, if you are an officer or executive director (as within the meaning of Section 13(k) of the U.S.
Securities Exchange Act of 1934, as amended), the terms of the immediately foregoing provision will not apply. In the event that you are an officer or executive director and Tax Obligations are not collected from or paid by you within 90 days of the
Taxable Event, the amount of any uncollected Tax Obligations may constitute a benefit to you on which additional income tax and national insurance contributions may be payable. You acknowledge that the Company or your Employer may recover any such
additional income tax and national insurance contributions at any time thereafter by any of the means referred to in Section V of the Award Agreement. 

Joint Election. As a condition of the Award, you agree to accept any liability for secondary Class 1 National Insurance
Contributions (the “Employer NICs”) which may be payable by the Company or your Employer with respect to the earning and/or payment of the Performance Units and issuance of shares of Common Stock in respect of the Performance Units, the
assignment or release of the Performance Units for consideration or the receipt of any other benefit in connection with the Performance Units. 

Without limitation to the foregoing, you agree to make an election (the “Election”), in the form specified and/or approved for
such election by HMRC, that the liability for the Secondary Class 1 National Insurance Contribution payments on any such gains shall be transferred to you to the fullest extent permitted by law. You further agree to execute such other elections as
may be required between you and any successor to the Company and/or your Employer. You hereby authorizes the Company and your Employer to withhold such Secondary Class 1 National Insurance Contributions by any of the means set forth in Section V of
the Award Agreement. 
 Failure by you to enter into an Election, withdrawal of approval of the Election by HMRC or a joint
revocation of the Election by you and the Company or your Employer, as applicable, shall be grounds for the forfeiture and cancellation of the Performance Units, without any liability to the Company or your Employer. 

UNITED STATES 
 TERMS AND
CONDITIONS 
 Nature of Grant. The following provision replaces Section VIII(k) of the Award Agreement:

 (k) in the event of termination of your employment (whether or not in breach of local labor laws), your right to receive
Performance Units and receive shares under the Plan and the Program, if any, will terminate effective as of the date that you are no longer actively employed; provided, however, that such right will be extended by any notice period
mandated by law (e.g. the Worker Adjustment and Retraining Notification Act (“WARN Act”) notice period or similar 
  

 Appendix-15 

 
periods pursuant to local law) and any paid administrative leave (as applicable), unless the Company shall provide you with written notice otherwise before the commencement of such notice period
or leave. In such event, payment of the Performance Units shall be made in accordance with Section IV; and 
  

 Appendix-16Aircraft Time Sharing Agreement, dated as of January 1, 2010

 EXHIBIT 10.1 

AIRCRAFT TIME-SHARING AGREEMENT 

This Agreement, effective as of the
1st day of January 2010, by and between Corporate Services
Support Corp., a corporation organized and existing under the laws of the State of Delaware (“CSSC”), and James P. Gorman (“User”). 

WITNESSETH: 
 WHEREAS, CSSC is
the operator of the aircraft listed on Schedule A hereto, as amended from time to time (collectively, the “Aircraft”); and 
 WHEREAS,
CSSC has the right and lawful authority to enter into time sharing agreements, as provided in §91.501 of the Federal Aviation Regulations (“FARs”); and 

WHEREAS, from time to time, User may desire to lease the Aircraft, with flight crew, from CSSC for User’s personal travel at User’s discretion
on a time-sharing basis in accordance with §91.501 of the FARs; and 
 WHEREAS, CSSC has agreed to make the Aircraft, with flight crew,
available to User for User’s personal travel on a non-exclusive time-sharing basis in accordance with §91.501 of the FARs; and 

WHEREAS, this Agreement sets forth the understanding of the parties as to the terms under which CSSC will provide User with the use, on a non-exclusive
time-sharing basis, of the Aircraft. 
 NOW THEREFORE, in consideration of the mutual covenants herein set forth, the parties agree as follows:

 1. Provision of Aircraft and Crew. Subject to Aircraft availability, CSSC agrees to provide the Aircraft and flight crew to User on a
time sharing basis in accordance with the provisions of §§ 91.501(b)(6), 91.501(c)(1) and 91.501(d) of the FARs. CSSC shall provide, at its sole expense, qualified flight crew for all flight operations under this Agreement. If CSSC is no
longer the operator of any of the Aircraft, Schedule A shall be amended to delete any reference to such Aircraft and this Agreement shall be terminated as to such Aircraft but shall remain in full force and effect with respect to each of the other
Aircraft, if any. No such termination shall affect any of the rights and obligations of the parties accrued or incurred prior to such termination. If CSSC becomes the operator of any aircraft not listed on Schedule A hereto, Schedule A shall be
modified to include such Aircraft, and thereafter this Agreement shall remain in full force and effect with respect to such Aircraft and each of the other Aircraft, if any. 

2. Term. The term of this Agreement (the “Term”) shall commence on the date hereof and shall continue until terminated by either party
on written notice to the other party. This Agreement shall terminate immediately in the event that User is no longer an employee or director of Morgan Stanley or any of its affiliates. Notwithstanding the foregoing, any provisions directly or
indirectly related to User’s payment obligations for flights completed prior to the date of termination shall survive the termination of this Agreement. 
  

 1 

 3. Reimbursement of Expenses. For each flight conducted under this Agreement, User shall pay CSSC an
amount (as determined by CSSC) equal to the actual expenses of operating such flight, not to exceed the sum of the following expenses as permitted pursuant to FAR 91.501(d): 

 

	 	(a)	Fuel, oil, lubricants, and other additives; 

  

	 	(b)	Travel expenses of the crew, including food, lodging, and ground transportation; 

 

	 	(c)	Hangar and tie-down costs away from the Aircraft’s base of operation; 

 

	 	(d)	Insurance obtained for the specific flight; 

  

	 	(e)	Landing fees, airport taxes, and similar assessments; 

  

	 	(f)	Customs, foreign permit, and similar fees directly related to the flight; 

  

	 	(g)	In-flight food and beverages; 

  

	 	(h)	Passenger ground transportation; 

  

	 	(i)	Flight planning and weather contract services; and 

  

	 	(j)	An additional charge equal to one hundred percent (100%) of the expenses listed in subsection (a) above. 

4. Invoicing and Payment. All payments to be made to CSSC by User hereunder shall be paid in the manner set forth in this Section 4. CSSC
will pay, or cause to be paid, all expenses related to the operation of the Aircraft hereunder in the ordinary course. As soon as practicable after the end of each calendar quarter during the Term, or shorter period of time as mutually agreed by the
parties, CSSC shall provide or cause to be provided to User an invoice showing all personal use of the Aircraft by User pursuant to this Agreement during that quarter and a complete accounting detailing all amounts payable by User pursuant to
Section 3 for that quarter (plus applicable domestic or international air transportation excise taxes, and any other fees, taxes or charges assessed on passengers by and remitted to a government agency or airport authority). User shall pay all
amounts due under the invoice not later than 30 days after receipt thereof. In the event CSSC has not received supplier invoices for reimbursable charges relating to such flight prior to such invoicing, CSSC shall issue supplemental invoice(s) for
such charge(s) to User, and User shall pay each supplemental invoice within 30 days after receipt thereof. 
 5. Flight Requests. User
will provide the designated representatives of CSSC with flight requests for User’s personal travel to be undertaken pursuant to this Agreement and proposed flight schedules as far in advance of User’s desired departure as possible and in
accordance with all reasonable policies established by CSSC. Flight requests shall be in a form, whether oral or written, mutually convenient to and agreed upon by the parties. CSSC shall have sole and exclusive authority over the scheduling of the
Aircraft. CSSC shall not be liable to User or any other person for loss, injury, or damage occasioned by the delay or failure to furnish the Aircraft and crew pursuant to this Agreement for any reason. In addition to requested schedules and
departure times, User shall provide at least the following information for each proposed flight reasonably in advance of the desired departure time as required by CSSC or its flight crew: 

 

	 	(a)	departure point; 

  

	 	(b)	destination; 

  

	 	(c)	date and time of flight; 

  

	 	(d)	number and identity of anticipated passengers; 

  

	 	(e)	nature and extent of luggage and/or cargo expected to be carried; 

  

	 	(f)	date and time of return flight, if any; and 

  

	 	(g)	any other information concerning the proposed flight that may be pertinent to or required by CSSC or its flight crew. 

Subject to Aircraft and crew availability, CSSC shall use its good faith efforts, consistent with its approved policies, to accommodate User’s
needs, avoid conflicts in scheduling and enable User to enjoy the benefits of this Agreement. Although every good faith effort shall be made to avoid its occurrence, any flights scheduled under this Agreement are subject to cancellation by either
party without incurring liability to the other party. In the event of a cancellation, the canceling party shall provide the maximum notice reasonably practicable. 

 

 2 

 6. Operational Authority and Control. CSSC shall be responsible for the physical and technical
operation of the Aircraft and the safe performance of all flights under this Agreement, and shall retain full authority and control, including exclusive operational control and exclusive possession, command and control of the Aircraft for all
flights under this Agreement. CSSC shall furnish at its expense a fully qualified flight crew with appropriate credentials to conduct each flight undertaken under this Agreement and included on the insurance policies that CSSC is required to
maintain hereunder. In accordance with applicable FARs, the qualified flight crew provided by CSSC will exercise all required and/or appropriate duties and responsibilities in regard to the safety of each flight conducted hereunder. The
pilot-in-command shall have absolute discretion in all matters concerning the preparation of the Aircraft for flight and the flight itself, the load carried and its distribution, the decision whether or not a flight shall be undertaken, the route to
be flown, the place where landings shall be made, and all other matters relating to operation of the Aircraft. User specifically agrees that the flight crew shall have final and complete authority to delay or cancel any flight for any reason or
condition that in the sole judgment of the pilot-in-command could compromise the safety of the flight, and to take any other action that in the sole judgment of the pilot-in-command is necessitated by considerations of safety. No such action of the
pilot-in-command shall create or support any liability to User or any other person for loss, injury, damage or delay. CSSC’s operation of the Aircraft hereunder shall be strictly within the guidelines and policies established by CSSC and FAR
Part 91. 
 7. Aircraft Maintenance. CSSC shall, at its own expense, cause the Aircraft to be inspected, maintained, serviced, repaired,
overhauled, and tested in accordance with FAR Part 91 so that the Aircraft will remain in good operating condition and in a condition consistent with its airworthiness certification and shall take such requirements into account in scheduling the
Aircraft hereunder. Performance of maintenance, preventive maintenance or inspection shall not be delayed or postponed for the purpose of scheduling the Aircraft unless such maintenance or inspection can safely be conducted at a later time in
compliance with applicable laws, regulations and requirements, and such delay or postponement is consistent with the sound discretion of the pilot-in-command. In the event that any non-standard maintenance is required during the term and will
interfere with User’s requested or scheduled flights, CSSC, or CSSC’s pilot-in-command, shall notify User of the maintenance required, the effect on the ability to comply with User’s requested or scheduled flights and the manner in
which the parties will proceed with the performance of such maintenance and conduct of such flight(s). In no event shall CSSC be liable to User or any other person for loss, injury or damage occasioned by the delay or failure to furnish the Aircraft
under this Agreement, whether or not maintenance-related. 
 8. Insurance. CSSC, at its expense, will maintain or cause to be maintained
in full force and effect throughout the Term of this Agreement (i) comprehensive aircraft and liability insurance against bodily injury and property damage claims, including, without limitation, contractual liability, in respect of the Aircraft
in such amount as is customarily maintained by prudent operators of similar aircraft, but in no event less than $300,000,000 for each single occurrence; and (ii) hull insurance for the full replacement cost of the Aircraft. Such policies shall
(A) name User as an additional insured; (B) provide that in respect of the interests of User in such policies, the insurance shall not be invalidated by any action or inaction of CSSC, regardless of any breach or violation of any
warranties, declarations or conditions contained in such policies or otherwise binding on CSSC; (C) include provisions whereby the insurer(s) irrevocably and unconditionally waive all rights of subrogation they may have or acquire against User;
(D) permit the use of the Aircraft by CSSC for compensation or hire to the extent necessary to perform its obligations under this Agreement; and (E) include a cross-liability clause to the effect that such insurance, except for the limits
of liability, shall operate to give User the same protection as if there were a separate policy issued to him. 
 CSSC shall use
reasonable commercial efforts to provide such additional insurance for specific flights under this Agreement as User may request in writing. User acknowledges that any trips scheduled to the European Union may require CSSC to purchase additional
insurance to comply with applicable regulations. The cost of all flight-specific insurance shall be borne by User as provided in Section 3(d). 
  

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 9. Use of Aircraft. User warrants that: 

(i) He will use the Aircraft under this Agreement for and only for his own account, including the carriage of his guests, and will not
use the Aircraft for the purpose of providing transportation of passengers or cargo for compensation or hire or for common carriage; 

(ii) He will not permit any lien, security interest or other charge or encumbrance to attach against the Aircraft as a result of his
actions or inactions, and shall not attempt to convey, mortgage, assign, lease or in any way alienate the Aircraft or CSSC’s rights hereunder or create any kind of lien or security interest involving the Aircraft or do anything or take any
action that might mature into such a lien; and 
 (iii) During the Term of this Agreement, he will abide by and conform to all
such laws, governmental and airport orders, rules, and regulations as shall from time to time be in effect relating in any way to the operation or use of the Aircraft by the lessee under a time sharing arrangement and all applicable policies of
CSSC. 
 10. Limitation of Liability. NEITHER CSSC (NOR ITS AFFILIATES) MAKES, HAS MADE OR SHALL BE DEEMED TO MAKE OR HAVE MADE ANY
WARRANTY OR REPRESENTATION, EITHER EXPRESS OR IMPLIED, WRITTEN OR ORAL, WITH RESPECT TO ANY AIRCRAFT TO BE USED HEREUNDER OR ANY ENGINE OR COMPONENT THEREOF INCLUDING, WITHOUT LIMITATION, ANY WARRANTY AS TO DESIGN, COMPLIANCE WITH SPECIFICATIONS,
QUALITY OF MATERIALS OR WORKMANSHIP, MERCHANTABILITY, FITNESS FOR ANY PURPOSE, USE OR OPERATION, AIRWORTHINESS, SAFETY, PATENT, TRADEMARK OR COPYRIGHT INFRINGEMENT OR TITLE. 

IN NO EVENT SHALL CSSC OR ITS AFFILIATES BE LIABLE FOR OR HAVE ANY DUTY FOR INDEMNIFICATION OR CONTRIBUTION TO USER, HIS EMPLOYEES, AGENTS OR GUESTS FOR
ANY CLAIMED INDIRECT, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, REGARDLESS OF WHETHER IT KNEW OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGE, LOSS OR EXPENSE. The provisions of this Section 10 shall survive the termination or
expiration of this Agreement. 
 11. Base of Operations. For purposes of this Agreement, the base of operation of the Aircraft is
Westchester County Airport, White Plains, New York; provided, that such base may be changed at CSSC’s sole discretion upon notice from CSSC to User. 
  

 4 

 12. Notices and Communications. All notices and other communications under this Agreement shall be in
writing (except as permitted in Section 5) and shall be given (and shall be deemed to have been duly given upon receipt or refusal to accept receipt) by personal delivery, by telefax (with a simultaneous confirmation copy sent by first class
mail properly addressed and postage prepaid), or by a reputable overnight courier service, addressed as follows: 
  

			
	If to CSSC:	  	Corporate Support Services Corp.
		  	[Redacted]
		
	If to User:	  	James P. Gorman
		  	[Redacted]

 or to such other person or address as either
party may from time to time designate in writing to the other party. 
 13. Entire Agreement. This Agreement constitutes the entire
understanding between the parties with respect to its subject matter, and there are no representations, warranties, rights, obligations, liabilities, conditions, covenants, or agreements relating to such subject matter that are not expressly set
forth herein. There are no third-party beneficiaries of this Agreement. 
 14. Further Acts. CSSC and User shall from time to time
perform such other and further acts and execute such other and further instruments as may be required by law or may be reasonably necessary (i) to carry out the intent and purpose of this Agreement, and (ii) to establish, maintain and
protect the respective rights and remedies of the other party. 
 15. Successors and Assigns. User shall not have the right to assign,
transfer or pledge this Agreement. This Agreement shall be binding on the parties hereto and their respective heirs, executors, administrators, successors and assigns, and shall inure to the benefit of the parties hereto, and, except as otherwise
provided herein, their respective heirs, executors, administrators, other legal representatives, successors and permitted assigns. 
 16.
Taxes. User shall be responsible for paying, and CSSC shall be responsible for collecting from User and paying over to the appropriate authorities, all applicable Federal excise taxes imposed under IRC §4261 and all sales, use and other
excise taxes imposed by any authority in connection with the use of the Aircraft by User hereunder. 
 17. Governing Law and Consent to
Jurisdiction. This Agreement shall be governed by the laws of the State of New York without regard to its choice of law principles, other than Section 5-1401 and Section 5-1402 of the New York General Obligations Law. The parties
hereby consent and agree to submit to the exclusive jurisdiction and venue of any state or federal court in New York, New York in any proceedings hereunder, and each hereby waives any objection to any such proceedings based on improper venue or
forum non-conveniens or similar principles. The parties hereto hereby further consent and agree to the exercise of such personal jurisdiction over them by such courts with respect to any such proceedings, waive any objection to the assertion or
exercise of such jurisdiction and consent to process being served in any such proceedings in the manner provided for the giving of notices hereunder. 

18. Severability. If any provision of this Agreement is held to be illegal, invalid or unenforceable, the legality, validity and enforceability of
the remaining provisions shall not be affected or impaired. 
 19. Amendment or Modification. This Agreement may be amended, modified or
terminated only in writing duly executed by the parties hereto. 
 20. Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, and all of which shall constitute one and the same Agreement, binding on all the parties notwithstanding that all the parties are not signatories to the same counterpart. Each party may
transmit its signature by facsimile, and any faxed counterpart of this Agreement shall have the same force and effect as a manually-executed original. 
  

 5 

 21. Truth-in-Leasing Compliance. CSSC, on behalf of User, shall (i) deliver a copy of this
Agreement to the Aircraft Registration Branch, Technical Section, of the FAA in Oklahoma City within 24 hours of its execution; (ii) notify the appropriate Flight Standards District Office at least 48 hours prior to the first flight under this
Agreement of the registration number of the Aircraft, and the location of the airport of departure and departure time for such flight; and (iii) carry a copy of this Agreement onboard the Aircraft at all times when the Aircraft is being
operated under this Agreement. 
 22. TRUTH IN LEASING STATEMENT PURSUANT TO SECTION 91.23 OF THE FEDERAL AVIATION REGULATIONS:

 (A) CSSC CERTIFIES THAT EACH OF THE AIRCRAFT HAS BEEN INSPECTED AND MAINTAINED DURING THE 12-MONTH PERIOD PRECEDING THE DATE OF THIS
AGREEMENT (OR SUCH SHORTER PERIOD AS CSSC SHALL HAVE POSSESSED THE AIRCRAFT) IN ACCORDANCE WITH THE PROVISIONS OF PART 91 OF THE FEDERAL AVIATION REGULATIONS. EACH OF THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED IN COMPLIANCE WITH THE MAINTENANCE
AND INSPECTION REQUIREMENTS FOR ALL OPERATIONS TO BE CONDUCTED UNDER THIS AGREEMENT. 
 (B) CSSC AGREES, CERTIFIES AND ACKNOWLEDGES, AS
EVIDENCED BY ITS SIGNATURE BELOW, THAT WHENEVER ANY OF THE AIRCRAFT IS OPERATED UNDER THIS AGREEMENT, CSSC SHALL BE KNOWN AS, CONSIDERED, AND SHALL IN FACT BE THE OPERATOR OF THE AIRCRAFT, AND THAT CSSC UNDERSTANDS ITS RESPONSIBILITIES FOR
COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS. 
 (C) THE PARTIES UNDERSTAND THAT AN EXPLANATION OF FACTORS AND PERTINENT FEDERAL
AVIATION REGULATIONS BEARING ON OPERATIONAL CONTROL CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. 

[Remainder of page intentionally left blank] 
  

 6 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed on the date set forth
above. The persons signing below warrant their authority to sign. 
  

									
	Corporate Services Support Corp.	 		 	USER:	 	James P. Gorman
					
	By:	 	 /s/ Jessica Gorman Taylor
	 		 		 	 /s/ James P. Gorman

	Name:	 	Jessica Gorman Taylor	 		 		 	
	Title:	 	Authorized Signatory	 		 		 	

 A legible copy of this Agreement shall be kept in the Aircraft for all operations conducted hereunder. 

  

 7 

 SCHEDULE A 

Two Gulfstream Aerospace G-V aircraft bearing Federal Aviation Administration Registration Numbers
[            ] and [            ] and Manufacturer’s Serial Numbers
[            ] and [            ], respectively, together with engines and components installed therein. 

 

 8

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