Document:

glpg_Ex4_23

		

			Exhibit 4.23

		

			

					

						 

					

					

						 

				
	

					

						Free translation for information purposes only

					

					

						

				

		

			 

		

		
			 
		

		
			Warrant  Plan 2019 RMV
		

		
			GALAPAGOS NV
		

		
			General Rules
		

		
			 
		

		
			 
		

		
			

		 

		

			 

		

			

					

						Free translation for information purposes only

					

					

						

				

		

			 

		

		

		
			Table of Contents
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						1

					
					
						Basis and Purpose

					
					
						3

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						2

					
					
						Definitions

					
					
						3

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						3

					
					
						Warrants

					
					
						4

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						3.1

					
					
						General

					
					
						4

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						3.2

					
					
						Number per Beneficiary

					
					
						5

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						3.3

					
					
						Transfer restrictions

					
					
						5

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						3.4

					
					
						Exercise Price

					
					
						5

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						3.5

					
					
						Administration of the Warrant Plan

					
					
						5

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						4

					
					
						Beneficiaries of the Plan

					
					
						5

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						5

					
					
						Acceptance or Refusal of the Offer

					
					
						5

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						6

					
					
						Exercise and Payment Conditions

					
					
						6

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						6.1

					
					
						Exercise Term

					
					
						6

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						6.2

					
					
						Vesting of Warrants

					
					
						6

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						6.3

					
					
						Exercise Period

					
					
						6

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						6.4

					
					
						Conditions of Exercise

					
					
						6

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						6.5

					
					
						Exercise of the Warrants in accordance with the Belgian Companies Code

					
					
						6

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						6.6

					
					
						Change in Control of the Company

					
					
						7

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						7

					
					
						Issuance of New Shares

					
					
						7

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						8

					
					
						Cessation of the Employment relationship

					
					
						7

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						8.1

					
					
						Good Leaver Situations

					
					
						7

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						8.2

					
					
						Bad Leaver Situation

					
					
						8

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						8.2.1

					
					
						After the end of the third calendar year

					
					
						8

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						8.2.2

					
					
						Before the end of the third calendar year

					
					
						8

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						8.3

					
					
						Change of employment

					
					
						8

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						8.4

					
					
						Deviations

					
					
						8

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						9

					
					
						Amendments and Modifications

					
					
						9

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						10

					
					
						Dispute Resolution

					
					
						9

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						11

					
					
						Final Provisions

					
					
						9

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						11.1

					
					
						Additional Information

					
					
						9

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						11.2

					
					
						Taxes and Social Security Treatment

					
					
						9

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						11.3

					
					
						Costs

					
					
						10

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						11.4

					
					
						Relation to employment agreement

					
					
						10

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						11.5

					
					
						Shareholders' Meetings

					
					
						10

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						11.6

					
					
						Communication with Warrant Holders

					
					
						10

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						11.7

					
					
						Address Change

					
					
						10

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						11.8

					
					
						Language

					
					
						10

				

		
			 
		

		
			
		

		
			

		 

		

			 

		

			

					

						 

					

					

						 

				
	

					

						Galapagos NV | Warrant Plan 2019 RMV

					

					

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			1          Basis and Purpose
		

		
			The Board of Directors of Galapagos NV (hereinafter referred to as the “Company”) has approved the present Warrant Plan 2019 RMV by notarial deed of 10 April 2019.
		

		
			With the Plan set forth hereafter the Company wants to inform all Beneficiaries (see infra sub 2 (“Definitions: Beneficiary”) and sub 4 (“Beneficiaries of the Plan”)) of the conditions under which the Company is willing to offer Warrants.  The Company thus wants to acknowledge the efforts made by the Beneficiaries to help to develop the Company to a successful enterprise.
		

		
			2          Definitions
		

		
			In this Plan the words and terms mentioned hereunder have the meanings given below:
		

		
			Bad Leaver Situation: the effective date on which one of the following situations occurs:
		

			
	
			
				 (i)
			

			
	
			
			the termination at the request of the Warrant Holder of his/her employment agreement with the Company or a Subsidiary for any other reason than the effective liquidation of a state pension,  irrespective of the fact that such termination is established in a document signed by both the employer and Employee,  or

			
	
			
				 (ii)
			

			
	
			
			the termination by the relevant Company or Subsidiary of the employment agreement of a Warrant Holder based on any grounds for dismissal attributable to the Warrant Holder, and/or any breach or insufficiency by the Warrant Holder in the performance of the relevant agreement;

		
			Beneficiary: the Employees of the Company and its Subsidiaries whose name is mentioned in Annex A to this Warrant Plan 2019 RMV;
		

		
			Board of Directors: the board of directors of the Company;
		

		
			Company: the limited liability company Galapagos, having its registered office at Generaal De Wittelaan L11 A3, 2800 Mechelen, Belgium;
		

		
			Consultant: a natural person who provides services to the Company or a Subsidiary on a contractual basis other than pursuant to an employment agreement (irrespective of whether the contract was entered into directly with the relevant natural person or with a legal entity who has entrusted the performance of the services to such natural person);
		

		
			Control: the power, de jure or de facto, to have a decisive influence on the appointment of the majority of the Directors or on the orientation of the management, as set forth in article 5 et seq. of the Belgian Companies Code.  The terms “to Control” and “Controlled by” shall be construed accordingly;
		

		
			Deed of Issuance: the notarial deed enacting (i) the acceptance or refusal of the Warrants and (ii) the unconditional issuance of the Warrants;
		

		
			Director: a natural person or legal entity who at any moment during the existence of the Company exercises a director’s mandate in the Company to which they were appointed by either the Shareholders’ Meeting or the Board of Directors by way of cooptation;
		

		
			Employee: each employee of the Company or a Subsidiary with an employment contract;
		

		
			Exercise Period: a period of two weeks within the Exercise Term, to be determined by the Board of Directors, during which Warrants can be Exercised;
		

		
			Exercise Price: the pre-determined price at which a New Share can be acquired when Exercising a Warrant, during one of the Exercise Periods within the Exercise Term;
		

		
			Exercise Term: the term during which the Warrant Holder can exercise his Warrants to acquire Shares of the Company, taking into account the specific Exercise Periods and the specific exercise conditions as set forth in chapter 6 of this Plan;
		

		
			
		

		
			

		 

		

			 

		

			

					

						 

					

					

						 

				
	

					

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			Exercise: to make use of the right attached to the Warrants that were acquired by accepting the Offer, to acquire New Shares at the Exercise Price;
		

		
			Good Leaver Situation: the effective date of the cessation, in other circumstances than those listed in the definition of Bad Leaver Situation, of the employment agreement of the relevant Warrant Holder with either the Company or a Subsidiary (including the relevant employing entity ceasing to be a Subsidiary of the Company), with the exception of a cessation accompanied by a simultaneous (other) employment or appointment of the relevant Warrant Holder (or a company Controlled by the Warrant Holder) as a Consultant, Employee or Director of the Company or a Subsidiary. For clarity, the termination at the request of the Warrant Holder of his/her employment agreement because of the effective liquidation of a state pension by such Warrant Holder shall be considered a Good Leaver Situation;
		

		
			Grant: the moment on which the Beneficiary accepts the Warrants offered. For the purposes of this Plan (including for Belgian fiscal reasons), the Grant shall be deemed to take place on the sixtieth day following the date of the Offer if the Offer is accepted within sixty days after the date of the Offer;
		

		
			New Shares: the Shares to be issued pursuant to the exercise of the Warrants under this Plan;
		

		
			Notice of Acceptance: the form that the Beneficiary receives at the moment of the Offer and that the Beneficiary needs to return, duly executed, to the Company for the acceptance of the Offer;
		

		
			Offer: the written and dated notification to the Beneficiaries of the Plan as to the opportunity for them to acquire Warrants in accordance with the provisions of this Plan;
		

		
			Personal Representative(s): the heir(s) of a Warrant Holder upon the latter’s decease;
		

		
			Plan: the present Warrant Plan 2019 RMV approved by the Board of Directors, as amended from time to time by the Board of Directors in accordance with the provisions of this Plan;
		

		
			Shares: the shares of the Company;
		

		
			Subsidiary: a company under the Control of the Company, as further set forth in article 6 of the Belgian Companies Code and (in any case) in which the Company holds (directly or indirectly) at least 10% of the share capital and voting rights;
		

		
			Warrant Agreement: the agreement that may be entered into between the Warrant Holder and the Company;
		

		
			Warrant: the right to subscribe, within the framework of this Plan, to one New Share within the Exercise Term and the Exercise Period and at the Exercise Price;
		

		
			Warrant Holder: each Beneficiary who has accepted the Offer and who owns one or more Warrants in accordance with this Plan.
		

		
			Words and terms denoting the plural shall include the singular and vice versa.
		

		
			3          Warrants
		

		
			3.1        General
		

		
			The number of Warrants issued in the framework of this Plan is maximum 200,750.  These Warrants will be designated as “Warrants 2019 RMV”.  The detail of the number of Warrants per Beneficiary, offered under this Plan, is set forth in Annex A to this Plan.
		

		
			The Warrants are granted by the Company to the Beneficiaries for free.
		

		
			Each Warrant entitles the Beneficiary to subscribe to one New Share in accordance with the terms and conditions of the Plan.
		

		
			Offers under this Plan do not need to be the same for every Beneficiary.
		

		
			
		

		
			

		 

		

			 

		

			

					

						 

					

					

						 

				
	

					

						Galapagos NV | Warrant Plan 2019 RMV

					

					

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			3.2        Number per Beneficiary
		

		
			The number of Warrants to be offered to the Beneficiaries is determined by the Board of Directors.  This number is set forth in Annex A.
		

		
			3.3        Transfer restrictions
		

		
			The Warrants received are registered in the name of the Warrant Holder and cannot be transferred inter vivos once granted to a Beneficiary.
		

		
			The Warrant cannot be encumbered by any pledge or in any other manner.
		

		
			Warrants that, in contravention with the foregoing, are transferred or encumbered shall automatically become null and void.
		

		
			3.4        Exercise Price
		

		
			The Exercise Price per Warrant will be determined by or on behalf of the Board of Directors on the day when the Offer of Warrants to the Beneficiaries is made.
		

		
			As the Shares of the Company are listed or traded on a regulated market at the date of the Offer, the Exercise Price of the Warrants shall be determined by the Board of Directors, and shall be at least equal to the higher of (a) 80% of the average of the closing price of the Share of the Company on Euronext Amsterdam and Brussels during the last twenty (20) trading days preceding the Board of Director's decision and (b) the average of the closing price of the Share of the Company on Euronext Amsterdam and Brussels during the last thirty (30) days preceding the date of the Offer.
		

		
			Upon Exercise and subsequent capital increase the Exercise Price must be booked as capital for an amount equal to the accounting par value of the Shares at the moment of the establishment of the capital increase resulting from the Exercise.  The part of the Exercise Price that exceeds the accounting par value must be booked as an issuance premium.
		

		
			3.5        Administration of the Warrant Plan
		

		
			The Company is responsible for the management and the administration of the Plan and ensures that all questions of Beneficiaries or Warrant Holders are answered accurately and rapidly.
		

		
			4          Beneficiaries of the Plan
		

		
			Beneficiaries are the individuals as indicated in section 2 (“Definitions - Beneficiary”).
		

		
			Warrants shall not be granted to Employees holding more than 10% of the Company's share capital.
		

		
			5          Acceptance or Refusal of the Offer
		

		
			The Beneficiaries have the possibility to accept the individual Offer in whole, in part or not at all.  Each Beneficiary shall receive a Notice of Acceptance form wherein the Beneficiary mentions his/her decision regarding the Offer: (full or partial) Acceptance or Refusal.  Acceptance of the Offer has to be formally established by ticking the relevant paragraph in the Notice of Acceptance.
		

		
			The Notice of Acceptance needs to be returned prior to the ultimate date of response as set forth in the Notice of Acceptance, duly completed and signed, to the address mentioned in the Notice of Acceptance.  Such ultimate date of response cannot be later than 140 calendar days after the date of the Offer.
		

		
			In case the Beneficiary has not accepted the Offer in writing prior to the date mentioned in the Notice of Acceptance, he shall be deemed to have refused the Offer.
		

		
			For the purposes of this Plan (including for Belgian fiscal reasons), the Warrants shall be deemed to be granted on the sixtieth day following the date of the Offer if the Offer is accepted within sixty days after the date of the Offer.
		

		
			
		

		
			

		 

		

			 

		

			

					

						 

					

					

						 

				
	

					

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			The Warrants are registered in the name of the Beneficiary.  In case of acceptance, the Beneficiary will be recorded as a Warrant Holder in the register of warrant holders of the Company.  This register is kept at the registered office of the Company, mentioning the identity of the Warrant Holders and previous warrant holders and the number of Warrants held by them.  The Warrant Holder will receive a confirmation of the number of Warrants he has accepted.
		

		
			The Nomination and Remuneration Committee may decide to replace or complete the Notice of Acceptance by or with a written Warrant Agreement to be signed by the Warrant Holder and the Company and which shall contain the conditions determined by the Nomination and Remuneration Committee, in accordance with this Plan.
		

		
			The Beneficiary who has accepted the Offer will receive the Warrants as soon as these have been issued by the Deed of Issuance.
		

		
			6          Exercise and Payment Conditions
		

		
			6.1        Exercise Term
		

		
			The Exercise Term is eight (8) years, starting from the date of the Offer.
		

		
			6.2        Vesting of Warrants
		

		
			Except to the extent expressly stated otherwise in this Plan or decided otherwise by the Board of Directors in accordance with section 8.4,  all granted Warrants will fully vest on the first day of the fourth calendar year following the calendar year in which the Grant was made.
		

		
			6.3        Exercise Period
		

		
			Warrants may not be exercised until the end of the third calendar year following the calendar year in which the Grant was made.
		

		
			As of the commencement of the fourth calendar year following the calendar year in which the Grant was made, all vested Warrants may be exercised, during an Exercise Period.
		

		
			The Board of Directors will establish at least one Exercise Period of two weeks per semester.  The Exercise Periods shall be notified by or on behalf of the Company to the Beneficiaries.
		

		
			The Board of Directors shall decide, when required, in accordance with the applicable rules relating to abuse of inside information, to establish closed periods during which the Warrants cannot be exercised.
		

		
			6.4        Conditions of Exercise
		

		
			Individual Warrants can only be exercised as a whole.
		

		
			In order to exercise a Warrant, the Warrant Holder needs to submit an appropriate declaration to that effect (the exercise form) to the Board of Directors or to an authorized person designated by the Board of Directors, and to pay the Exercise Price into a bank account designated by the Company and opened in the name of the Company.
		

		
			On the exercise form, the Warrant Holder needs to mention the number of Warrants he desires to exercise.
		

		
			In case the bank account is not or not sufficiently credited prior to the end of the Exercise Period, the Warrants will be deemed not to be exercised.  The Company will inform the Warrant Holder thereof and will reimburse the amount that was deposited too late or was insufficient as soon as possible within the limits set by law.  The Warrants will consequently not be lost and remain exercisable at a later stage insofar as the Exercise Term has not expired.
		

		
			6.5        Exercise of the Warrants in accordance with the Belgian Companies Code
		

		
			In case a Warrant, that is not exercisable or cannot be exercised in accordance with the issuance conditions (as specified in the Plan), becomes prematurely exercisable pursuant to article 501 of the
		

		
			
		

		
			

		 

		

			 

		

			

					

						 

					

					

						 

				
	

					

						Galapagos NV | Warrant Plan 2019 RMV

					

					

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			Belgian Companies Code and is thus also prematurely exercised pursuant to article 501 of the Belgian Companies Code, the New Shares that the Warrant Holders receives as a result of such Exercise will not be transferable, except with the explicit prior consent of the Board of Directors, until such time as the Warrant would have become exercisable in accordance with the Plan.
		

		
			6.6        Change in Control of the Company
		

		
			Notwithstanding anything to the contrary in this Plan, in the event of a change in Control of the Company, all Warrants that are still outstanding under this Plan at such time shall, in principle, immediately vest (to the extent they had not all vested yet) and become immediately exercisable during an Exercise Period determined by the Board of Directors, provided, however, that in compliance with applicable (tax) laws the Board of Directors is authorized to establish certain conditions for such vesting and/or exercising that will be applicable to some or all of the Warrant Holders involved, and provided further that, in the event a public takeover bid is made on the securities of the Company, the Warrants shall immediately become fully vested and exercisable as from the date of the announcement of such public takeover bid by the FSMA.  The Board of Directors shall establish an Exercise Period as soon as practicable following the announcement of such public takeover bid.
		

		
			Furthermore, the transfer restrictions set forth in section 3.3 are not applicable to transfers of Warrants pursuant to a public takeover bid or a public squeeze-out bid on the securities in the Company.
		

		
			7          Issuance of New Shares
		

		
			The Company shall only be obliged to issue New Shares pursuant to the Exercise of Warrants if all exercise conditions set forth in chapter 6 have been complied with.
		

		
			As soon as these exercise conditions are complied with, the New Shares will be issued, taking into account the time needed to fulfill the required administrative formalities.  The Board of Directors shall to this effect timely at a date to be determined by the Board of Directors and at least once per semester have the capital increase established by notary deed.
		

		
			New Shares participate in the profit of the financial year of the Company that started on the first of January of the year in which the relevant New Shares have been issued.
		

		
			In view of a rapid delivery of the Shares resulting from the exercise of Warrants, the Company may propose to the Warrant Holders who have complied with the exercise conditions to receive existing Shares awaiting the issuance of New Shares by notary deed.  In such case the Warrant Holders will receive an advance of existing Shares subject to the condition that they sign an authorization by which the New Shares will, upon issuance, immediately and directly be delivered to the Company or to any other party who advanced them the existing Shares.
		

		
			The Board of Directors has granted power of attorney to any two (2) members of the Board of Directors acting jointly, as well as to the managing Director acting individually, with possibility of sub-delegation and the power of subrogation, to take care of the establishment by notary deed of the acceptance of the Warrants offered, the exercise of the Warrants, the issuance of the corresponding number of New Shares, the payment of the exercise price in cash, the corresponding realization of the capital increase, the allocation to the unavailable account “issuance premiums” of the difference between the subscription price for the Shares and the accounting par value, to bring the Articles of Association in accordance with the new situation of the registered capital, to sign and deliver the relevant Euroclear and bank documentation, and to sign and deliver all necessary documents in connection with the delivery of the Shares (acquired as a result of the exercise of the Warrants) to the Beneficiaries.
		

		
			The Company will take the necessary actions to have the New Shares listed for trading on a regulated market as soon as they have been issued.
		

		
			
		

		
			

		 

		

			 

		

			

					

						 

					

					

						 

				
	

					

						Galapagos NV | Warrant Plan 2019 RMV

					

					

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			8          Cessation of the Relationship
		

		
			8.1        Cessation before the date of the Deed of Issuance
		

		
			If a Beneficiary is not in the employ (whether as Employee, Consultant or Director) of the Company or any of its Subsidiaries on the date of the Deed of Issuance, the Beneficiary shall be deemed to have refused the Offer and the Warrants offered to such Beneficiary shall not be issued.
		

		
			8.2        Good Leaver Situations
		

		
			If a Good Leaver Situation arises with respect to a Warrant Holder, the Warrants of said Warrant Holder shall continue to vest as set forth in Section 6.2 (if unvested) and, if and when vested, the Exercise Term of the non-exercised Warrants shall remain unchanged and the Warrant Holder will have the time to exercise his non-exercised Warrants during each Exercise Period within the Exercise Term.
		

		
			As an exception, if the Good Leaver Situation is caused by the decease of the relevant Warrant Holder, all Warrants held by such Warrant Holder shall pass to his Personal Representative(s) and the Personal Representative(s) will be able to exercise the non-exercised Warrants during a six-month period as from the death of the Warrant Holder. All the remaining non-exercised Warrants held by the Personal Representative(s) of the Warrant Holder shall become null and void upon the expiry of such six-month period.
		

		
			8.3        Bad Leaver Situation
		

		
			8.3.1       After the end of the third calendar year
		

		
			In case a Bad Leaver Situation occurs after the end of the third calendar year following the calendar year in which the Grant was made, the relevant Warrant Holder will have time to exercise, during an Exercise Period, his non-exercised Warrants until six months after the date of the Bad Leaver Situation. All his remaining non-exercised Warrants shall become null and void upon the expiry of such six-month period.
		

		
			8.3.2       Before the end of the third calendar year
		

		
			In case the Bad Leaver Situation occurs before the end of the third calendar year following the calendar year in which the Grant was made, all granted Warrants shall automatically become null and void.
		

		
			8.4        Change of employment
		

		
			8.4.1       In case of a cessation of the employment agreement or consultancy agreement of the relevant Warrant Holder accompanied by a simultaneous (other) employment or appointment of the relevant Warrant Holder (or a company Controlled by the Warrant Holder) as a Consultant, Employee or Director of the Company or a Subsidiary, the Warrants of said Warrant Holder shall continue to vest as set forth in Section 6.2 (if unvested) and, if and when vested, the Exercise Term of the non-exercised Warrants shall remain unchanged and the Warrant Holder will have the time to exercise his non-exercised Warrants during each Exercise Period within the Exercise Term.
		

		
			8.4.2       If, however, at any time following such change as described in Section 8.3.1:
		

		
			(i)         the employment agreement or mandate as a Director or consultancy agreement of the Warrant Holder with the Company or a Subsidiary is terminated at the Warrant Holder’s request for any reason other than the effective liquidation of a state pension by the Warrant Holder;  or
		

		
			(ii)        the Company or a Subsidiary terminates the employment agreement or his mandate as a Director or terminates his consultancy agreement because of a breach or insufficiency by the Warrant Holder in the performance of the employment agreement or a breach by the Warrant Holder of his obligations as a Consultant or Director,
		

		
			
		

		
			

		 

		

			 

		

			

					

						 

					

					

						 

				
	

					

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			then such termination shall also be deemed to be a Bad Leaver Situation and the rules set forth in Section 8.2 shall apply.
		

		
			8.5        Deviations
		

		
			The Board of Directors may at its discretion decide to deviate at any time from the provisions set forth in this chapter 8, provided that such provisions comply with compulsory statutory provisions (in particular with article L. 225-183 paragraph 3 of the French Commercial Code).
		

		
			9          Amendments and Modifications
		

		
			In case of share capital amortization, share capital decrease, change in the distribution of the profits, allocation of free Company's shares, share capital increase through incorporation of reserves, profits or premiums, distribution of reserves, or any rights issue of shares or other securities in respect of which the existing shareholders are entitled to exercise preferential subscription rights, the Company shall take any necessary measure in order to protect the Beneficiaries' interests in accordance with the applicable provisions of the French Commercial Code.
		

		
			The Board of Directors is authorized to take appropriate measures to safeguard the interests of the Warrant Holders in case:
		

		
			-            a fundamental change in the Control of the Company occurs;
		

		
			-            a fundamental change in the applicable laws or regulations occurs; or
		

		
			-            a serious and exceptional circumstance jeopardizing the rights of the Beneficiaries occurs.
		

		
			In addition, the Board of Directors may amend the provisions of this Plan to the benefit of the Warrant Holders, to the extent that the contemplated amendments comply with all applicable laws.
		

		
			This Plan may, if required by the circumstances, be amended by the Company.  The Beneficiary shall be informed of such amendments and will be bound by them.  The amendments may in no event affect the essential provisions of the Plan.  The amendments may not harm the rights of the existing Warrant Holders under this Plan.  In the event the rights of the existing Warrant Holders under this Plan would be harmed, the amendments may not be made without their agreement.
		

		
			10       Dispute Resolution
		

		
			All disputes relating to this Plan will be brought to the attention of the Board of Directors, who may propose an amicable settlement for a dispute, as the case may be.  If required the dispute will be submitted to Courts and Tribunals competent for the judicial area of Antwerp, department of Mechelen (Belgium) whereby all parties involved shall make election of domicile at the seat of the Company.  This Plan is governed by Belgian law.
		

		
			11        Final Provisions
		

		
			11.1      Additional Information
		

		
			The Company will provide the Beneficiary at his request with a copy of the articles of association of the Company and any amendments thereto.
		

		
			11.2      Taxes and Social Security Treatment
		

		
			The Company or a Subsidiary shall be entitled, in accordance with the applicable law or customs, to apply a withholding on the cash salary or the compensation for the month in which the taxable moment occurs or on the cash salary or the compensation of any other following month, and/or the Beneficiary shall be obliged to pay to the Company or a Subsidiary (if so required by the Company or by a Subsidiary) the amount of any tax and/or social security contributions due or payable because of the fact of the grant, the acceptance, the fact that Warrants become susceptible of being exercised or of the exercise of the Warrants, or due or payable in respect of the delivery of the New Shares.
		

		
			
		

		
			

		 

		

			 

		

			

					

						 

					

					

						 

				
	

					

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						Free translation for information purposes only

					

					

						

				

		

			 

		

		

		
			 
		

		
			The Company or a Subsidiary shall be entitled, in accordance with the applicable law or customs, to prepare the required reports, necessary as a result of grant of the Warrants, the fact that Warrants become susceptible of being exercised, or the delivery of the Shares.
		

		
			11.3       Costs
		

		
			Stamp duties, stock exchange taxes and similar charges and taxes levied at the occasion of the exercise of the Warrants and/or the delivery of the New Shares or existing Shares shall be borne by the Warrant Holder.
		

		
			Costs relating to the issue of the Warrants or to the issue of New Shares shall be borne by the Company.
		

		
			11.4      Relation to employment agreement
		

		
			No person has a right to participate in this Plan and participation in this Plan does not give the Beneficiaries a right to future grants of additional Warrants.  The grant of Warrants under this Plan does not contain a promise of a continuous employment by the Company or its Subsidiaries.
		

		
			Notwithstanding any provision of the Plan, the rights and obligations of any individual or entity as determined in the provisions of his/her employment agreement concluded with the Company or a Subsidiary shall not be affected by his/her participation in the Plan or by any right that he/she may have to participate therein.
		

		
			An individual to whom Warrants are granted in accordance with the Plan shall not be entitled to any damages or compensation as a result of the cessation of his mandate or employment agreement with the Company or a Subsidiary, based on any reason whatsoever (with the exception of abusive or unlawful dismissal in accordance with French case law), to the extent that these rights would arise or might arise based on the cessation of the rights he/she might have or the claims he/she could make concerning the exercise of Warrants pursuant to the Plan because of the cessation of such agreement or by reason of the loss or decrease in value of the rights or benefits.
		

		
			11.5      Shareholders' Meetings
		

		
			Warrant Holders have the right to participate in the Shareholders' Meetings of the Company, but without voting right and only with an advisory voice, subject to complying with the formalities set forth in the convocation for the Shareholders' Meeting.
		

		
			11.6      Communication with Warrant Holders
		

		
			By accepting Warrants, the Warrant Holder agrees that documentation can be validly communicated by the Company by e-mail, including convocations for Shareholders' Meetings and documentation pertaining to the exercise of Warrants.
		

		
			11.7      Address Change
		

		
			Warrant Holders are obliged to keep the Company informed of changes to their address and changes to their e-mail address.  Communications sent by the Company to the last known address or e-mail address of the Warrant Holder are validly made.
		

		
			11.8      Language
		

		
			In case of discrepancies between the French, Dutch and English versions of the present Warrant Plan, the French language version of the Plan shall prevail.
		

		
			 
		

		
			***
		

		 

		

			 

		

			

					

						 

					

					

						 

				
	

					

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			RSU Discretionary Plan 2019

		

		

			 

		

		
			Exhibit 4.27
		

		
			
		

		
			Restricted Stock Units/Discretionary Plan 2019 – Participants’ Guide
		

		
			This Plan is intended to provide certain members of the executive committee of Galapagos the opportunity to receive Restricted Stock Units as an incentive. Its purpose is to retain and encourage Participants to contribute to the performance of Galapagos and its Affiliates by aligning their financial interests with those of the shareholders.
		

		
			1         Definitions
		

		
			When used in this document, the following terms shall have the meaning ascribed to them as indicated below, unless expressly indicated otherwise:
		

			
					
						Acceptance Form

					
					
						the form, which may be electronic, in which the Participant confirms, among other things, receipt of the Offer from Galapagos and the Restricted Stock Units;

				
	
					
						Acceptance Period

					
					
						the period during which a Participant must return the completed Acceptance Form to Galapagos, as indicated in the Offer Notification;

				
	
					
						Affiliate

					
					
						any affiliated company (“société liée” / “verbonden vennootschap”) as defined under Article 11 of the Belgian Companies Code and 1:20 of the Code of Companies and Associations (as may be amended from time to time) and any other entity in which Galapagos has a direct or indirect interest and which is designated by the Board of Directors as being an Affiliate for purposes of this Plan;

				
	
					
						Board of Directors

					
					
						the board of directors of Galapagos;

				
	
					
						Code of Dealing

					
					
						the code of dealing of Galapagos, as amended from time to time;

				
	
					
						Data Controller

					
					
						Galapagos;

				
	
					
						Data Processor

					
					
						any third party designated by the Data Controller to process Personal Data on behalf of the Data Controller in accordance with Schedule 1 for the implementation, administration and management of the Plan and the Share register and RSU register in electronic form;

				

		 

		

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						Galapagos

					
					
						Galapagos NV/SA with its registered office at Generaal De Wittelaan L11, Bus A3 2800 Mechelen, Belgium;

				
	
					
						GDPR

					
					
						Regulation 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation);

				
	
					
						Offer

					
					
						the offer of Restricted Stock Units by Galapagos to the Participant as set out in the Offer Notification;

				
	
					
						Offer Date

					
					
						has the meaning given to it in the Offer Notification;

				
	
					
						Offer Notification

					
					
						the notification, either sent via email or made available through the Online Tool, whereby Galapagos communicates the details of the Offer;

				
	
					
						Online Tool

					
					
						a  secured website allowing the Participants to have online access to all information relating to their RSUs;

				
	
					
						Participant

					
					
						a  member of the executive committee of Galapagos, in each case as designated by Galapagos,  who received an  Offer Notification,  or any Successor to whom Restricted Stock Units have been transferred in accordance with these terms and conditions;

				
	
					
						Personal Data

					
					
						each item of information relating to an identified or identifiable Participant defined as personal data pursuant to the GDPR;

				
	
					
						Plan

					
					
						this Restricted Stock Units/Discretionary Plan 2019;

				
	
					
						RSU or Restricted Stock Unit

					
					
						the right to receive from Galapagos one existing and/or new Share per RSU and/or a payment in cash per RSU, in accordance with these terms and conditions; 

				
	
					
						Share

					
					
						an existing or newly issued ordinary share of Galapagos;

				
	
					
						Successor

					
					
						the successor of a Participant as determined under the applicable law of succession and/or the persons designated by a Participant, in accordance with the applicable law of succession, to inherit the rights of the Participant under the Plan after the death of the Participant;

				
	
					
						Vesting

					
					
						a Participant becoming unconditionally entitled to receive one Galapagos Share per Restricted Stock Unit or an equivalent amount in cash, subject to the terms and conditions of this Plan;

				

		 

		

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						Vesting Date

					
					
						has the meaning given to it in the Offer Notification, it being understood that Vesting Date shall be construed to mean the plural where necessary.

				

		
			 
		

		
			2         Acceptance of the Restricted Stock Units
		

		
			The Plan forms part of an agreement between the Participant and Galapagos. By accepting the Offer, Participants unconditionally agree to be bound by the contents of this document, the Offer Notification and the Acceptance Form.
		

		
			A Participant is free to accept or refuse the Offer. The Participant can only accept all the Restricted Stock Units offered in the Offer Notification. Partial acceptance of these terms and conditions shall be deemed to constitute a refusal of the Offer as a whole.
		

		
			The mode of acceptance of the Offer is set out in the Offer Notification, including the deadline for accepting the Offer. Failure to comply with the mode of acceptance of the Offer shall be deemed to constitute a refusal of the Offer as a whole.
		

		
			The Restricted Stock Units are offered for no consideration.
		

		
			3         Nature and characteristics of the Restricted Stock Units
		

		
			3.1      No shareholder rights
		

		
			Restricted Stock Units do not confer any shareholder rights. For example, they do not confer any voting or dividend rights or the right to attend shareholders’ meetings.
		

		
			3.2     Transferability
		

		
			Except for transfers as a result of death (see Clause 7.2), Restricted Stock Units may not be transferred to any third party.
		

		
			If the Participant is a legal person and if such Participant is going to cease to exist (for example in the event of a dissolution), Galapagos and such Participant will agree in due time on how to deal with such situation.
		

		
			Restricted Stock Units shall not be encumbered with any security, pledge or other right.
		

		
			4         Vesting of the Restricted Stock Units
		

		
			The Restricted Stock Units will vest on the Vesting Date specified in the Offer Notification,  subject to the service rules of Clause 7.
		

		
			If a Participant takes a sabbatical leave of a period exceeding six months, the relevant Vesting Date shall be deferred with a period of one year.
		

		
			In the event of Vesting and subject to these terms and conditions, Galapagos will, at its own discretion:
		

		
			(i)deliver one Share per Restricted Stock Unit held by the Participant, as soon as reasonably practicable following the Vesting Date; or
		

		
			

		 

		

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			(ii)make a payment in cash to the Participant of an amount equivalent to the volume weighted average price of the Share on Euronext Brussels over the 30-calendar day period preceding the Vesting Date multiplied by the number of Restricted Stock Units, as soon as reasonably practicable following the Vesting Date.
		

		
			The terms of such delivery and/or payment will be determined by Galapagos in advance of the Vesting Date and will be communicated in due time to each Participant, who will be required to comply with such terms.
		

		
			5         Nature and characteristics of the underlying Shares
		

		
			5.1      General
		

		
			If Galapagos elects to deliver Shares upon Vesting of the Restricted Stock Units, these Shares shall be, at the discretion of Galapagos:
		

		
			(i)existing ordinary Shares of Galapagos; or
		

		
			(ii)new Shares to be issued in consideration for the payment by each Participant of a subscription price of 0.01 euro per Share.
		

		
			Galapagos will, at its discretion, deliver Shares in dematerialised (electronic or book-entry) form or in registered form.
		

		
			The increase in Galapagos' share capital, if any, corresponding to the issue of new Shares in the framework of the Plan will be recorded by notarial deed. The Participants shall be required to comply with the necessary formalities applicable to the capital increase. These will be communicated in due time in advance of the Vesting.
		

		
			5.2      Dividends
		

		
			The Shares delivered upon vesting of the Restricted Stock Units give the right to the dividends paid on such Shares decided by Galapagos after the Vesting Date.
		

		
			5.3      Transferability
		

		
			Unless agreed otherwise between the Participant and Galapagos, the Shares delivered upon vesting of the Restricted Stock Units are not subject to any transfer restrictions under the rules of the Plan.
		

		
			Participants may be offered the choice to conclude a lock-up agreement with Galapagos for a two-year period starting on the Vesting Date, in respect of all or part of the Shares, as this may enable a more beneficial tax and/or social security treatment in some countries. That choice will need to be made before the Vesting Date. Galapagos will contact the Participants in due time before that date to provide them with the necessary information and prepare the lock-up agreement, if the Participants choose to conclude it.
		

		
			6         Expenses and taxes
		

		
			6.1      All costs related to the attribution of the Restricted Stock Units and the delivery of the underlying Shares will be borne by Galapagos.
		

		
			

		 

		

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			6.2      However, Participants will be solely responsible for any taxes (including but not limited to income taxes, capital gains taxes, stock exchange taxes and taxes on securities accounts) and personal social security charges due in connection with (i) the Offer and Vesting of the Restricted Stock Units and (ii) the delivery and ownership of the underlying Shares, in accordance with applicable tax and social security laws.
		

		
			The Participants shall also pay a subscription price of 0.01 euro per Share if Galapagos elects to deliver new Shares, in accordance with Clause 5.1.
		

		
			6.3      Galapagos may either (i) require that the Participants pay, or (ii) withhold from any payment or delivery of Shares at any time any income or social security taxes that are required to be withheld under any applicable law, rule or regulation.
		

		
			7         Situation upon termination of mandate
		

		
			7.1      End of employment contract or mandate as self-employed
		

		
			If a Participant is dismissed, resigns, retires or if his/her employment or management agreement with Galapagos comes to an end and/or is not renewed, all Restricted Stock Units held by the Participant on the date of his/her dismissal, resignation, retirement or the end of employment or management agreement and that have not yet vested will automatically become null and void.
		

		
			Shares already held by a Participant, as a result of the Vesting of Restricted Stock Units before the date of his/her dismissal, resignation, retirement or the end of employment or management agreement, will not be affected.
		

		
			7.2      Death or permanent disability
		

		
			In the event of permanent disability or death, all Restricted Stock Units shall vest in full on the next Vesting Date (or on such earlier date as determined by Galapagos) and the underlying Shares shall be transferred to the Participant, or his/her Successor in the event of death.
		

		
			The notion of “permanent disability” is to be defined by reference to the law governing the employment relationship and the applicable social security regime, or alternatively, by the pension rules in the relevant jurisdiction or, if applicable, management contract of the Participant.
		

		
			In the event of a Participant's death, any Successor acquiring the Restricted Stock Units shall inform Galapagos of the Participant's death as soon as possible.
		

		
			8         Amendment to the capital structure and anti-dilution measures
		

		
			8.1      Corporate changes
		

		
			Galapagos expressly reserves the right to proceed with corporate changes that have an impact on its capital, such as capital increases, including by incorporation of reserves in the capital, capital decreases, issuance of convertible bonds, subscription rights or options, stock splits or reverse stock splits, combinations or reclassifications of the Shares, mergers and (partial) demergers, as well as the right to amend the clauses in the articles of association governing the allocation of profits or liquidation boni.
		

		
			In the event that any such corporate change would have a materially unfavourable impact on the Restricted Stock Units, Galapagos may decide in its sole discretion to adjust the Plan for the 

		 

		

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purpose of safeguarding the interests of the holders of Restricted Stock Units, subject to any required action by the Shareholders' Meeting of Galapagos. The terms of such adjustment will be communicated to the Participants in due time.
		

		
			8.2      Public takeover bid – Change of control
		

		
			In any of the following events:
		

		
			(i)the FSMA publishes a notice stating that a public takeover bid has been launched on Galapagos, as referred to under Article 7 of the Belgian Royal Decree of 27 April 2007 on public takeover bids (or any succeeding provision);
		

		
			(ii)the FSMA publishes a notice stating that a squeeze-out has been launched on Galapagos, as referred to under Article 7 of the Belgian Royal Decree of 27 April 2007 on squeeze-outs (or any succeeding provision); or
		

		
			(iii)the control or the absence of control exercised over Galapagos changes (the notion of control being defined by Articles 1:14 to 1:18 of the Belgian Code of Companies and Associations (or any succeeding provisions),
		

		
			Galapagos may decide in its sole discretion to adjust the Plan for the purpose of safeguarding the interests of the holders of Restricted Stock Units, subject to any required action by the Shareholders' Meeting of Galapagos. Such adjustment may, without limitation and at the discretion of Galapagos, consist in the cancellation of the Restricted Stock Units and the payment of their fair market value to the Participants or in the accelerated Vesting of the Restricted Stock Units.
		

		
			9         Insider dealing rules
		

		
			The Participants shall comply at all times with the Code of Dealing, as well as applicable laws prohibiting insider dealing.
		

		
			10       Electronic register, electronic evidence and electronic delivery
		

		
			10.1     Electronic Share and register of Restricted Stock Units
		

		
			The Restricted Stock Units and Shares resulting from the vesting of such Restricted Stock Units will be recorded in a register, which may be in electronic form and the maintenance of which may be delegated by Galapagos to a third party.
		

		
			10.2     Electronic evidence
		

		
			Electronic approvals, instructions, orders, statements and communications between a Participant, Galapagos,  Galapagos affiliates and any third party to which powers have been sub-delegated by Galapagos for the administration of the Plan will have the same legal status as written approvals, instructions, orders, statements and communications. The written recording or the written reproduction of electronic approvals, instructions, orders, statements and communications received by Galapagos,  Galapagos affiliates and any third party to which powers have been sub-delegated by Galapagos for the administration of the Plan, will constitute conclusive evidence between the Participant, Galapagos,  Galapagos affiliates and any third party to which powers have been sub-delegated by Galapagos for the administration of the Plan, unless evidence to the contrary is provided by the Participant.
		

		
			

		 

		

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			10.3     Electronic delivery
		

		
			All subsequent information relating to the Restricted Stock Units will be communicated by electronic means, including e-mails to the Participants and postings on Galapagos’ website or intranet. Such information may include, amongst others, financial information concerning Galapagos. In order to access such information, Participants will be required to access Galapagos e-mail system, website and/or intranet, unless otherwise specified by Galapagos. By returning the Acceptance Form, Participants are deemed to acknowledge that they have such access to the e-mail system of Galapagos, as well as to Galapagos’ website and intranet and ordinarily use them in the ordinary course of their mandate. Participants may obtain paper copies of any such information by submitting a request to receive paper copies to incentives@glpg.com.
		

		
			11       Modification of the Plan
		

		
			Galapagos may unilaterally modify at any time the practical and/or accessory modalities of the Plan. It may also unilaterally modify the Plan when such modifications are required to comply with any change in legislation.
		

		
			12       Nature of the Plan
		

		
			Notwithstanding any provisions to the contrary included in the terms and conditions, the Offer Notification, the Acceptance Form or any other document relating to the Plan:
		

		
			(i)the Offer of Restricted Stock Units and/or the subsequent delivery of Shares to the Participant in the framework of the Plan is unrelated to his/her pension rights or pension claims, if any, unless specifically provided otherwise in applicable legislation or the terms and conditions of the applicable pension plan;
		

		
			(ii)the Plan, the terms and conditions, the Offer Notification, the Acceptance Form or any other document relating to the Plan do not confer upon the Participant any right to continued employment or other contractual relationship for any period of specific duration or interfere with or otherwise restrict in any way the rights of Galapagos or its Affiliates to terminate the Participant’s employment or other contractual relationship according to the applicable regulations in respect of termination thereof;
		

		
			(iii)the Offer of Restricted Stock Units cannot be considered as a right acquired for the future; and
		

		
			(iv)any rights and entitlements pursuant to this Plan are granted on a discretionary basis. Repeated grants do not entitle any Participant to any future grant. Grants remain in the complete discretion of Galapagos. In particular, Galapagos reserves the right to determine the scope of beneficiaries and the conditions of the  Plan in relation to any further grant.
		

		
			13       Privacy and processing of Personal Data
		

		
			See Schedule 1.
		

		
			

		 

		

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			14       Confidentiality
		

		
			The existence, subject matter and terms of the Plan (or any agreement entered into pursuant to the Plan) are confidential and the Participants are prohibited from disclosing all or anypart of the Plan, or its existence, at any time, unless the disclosure is required by law or by any court of competent jurisdiction.
		

		
			15       Severability
		

		
			If any provision in this document is held to be illegal, invalid or unenforceable, in whole or in part, under any applicable law, that provision will be deemed not to form part of this document, and the legality, validity or enforceability of the remainder of this document will not be affected.
		

		
			16       US Restrictions
		

		
			The RSUs and the Shares delivered upon Vesting (if any) have not been and will not be registered under the U.S. Securities Act of 1933 (as amended, the “Securities Act”) and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except in certain transactions exempt from the registration requirements of the Securities Act. Terms used in this paragraph have the meanings given to them by Regulation S under the Securities Act.
		

		
			Furthermore, the Shares delivered upon Vesting (if any) are deemed to be restricted securities in accordance with Rule 144 under the Securities Act. As such, the Shares may not be resold on a U.S. market or exchange (including Nasdaq) for a period of six months after Vesting.
		

		
			17       Applicable law - Jurisdiction
		

		
			The Restricted Stock Units and these terms and conditions are governed by Belgian law.
		

		
			Any dispute arising out of or in connection with the Plan, including the Restricted Stock Units, the Offer Notification, the Acceptance Form and the present terms and conditions will be settled by the courts set out in the Offer Notification.
		

		
			
		

		
			

		 

		

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			Schedule 1 – Privacy and processing of Personal Data
		

		
			To enable the proper set-up and management of the Plan and the RSU register, Personal Data about each Participant will need to be collected and used. This Schedule sets out the obligations of Galapagos and the rights of Participants regarding any such collection and use, and provides the legally required information in this respect.
		

		
			1         Identity of the person responsible for your Personal Data
		

		
			Galapagos is the so-called “Data Controller”, which is responsible for the collection and processing of Personal Data as is necessary for the setting-up and management of the Plan and the RSU register of Galapagos in electronic form.
		

		
			2         Why and how Personal Data is collected and used
		

		
			The Personal Data will either be collected via the Online Tool or Galapagos’ HR IS system. It will be used exclusively for the purposes of the administration of the Plan and the maintenance of the RSU register of Galapagos in electronic form.
		

		
			The Personal Data collected in the context of the Plan and the RSU Register will be stored for a period of ten years.
		

		
			The Data Controller and any Data Processor will collect and process the Participants’ Personal Data in accordance with the GDPR and this Schedule.
		

		
			3         Nature of the Personal Data
		

		
			The following Personal Data relating to the Participants will be collected and used:
		

		
			(i)their contact details (e.g. names*, private/professional* (e-mail) addresses/phone numbers);
		

		
			(ii)electronic identification data;
		

		
			(iii)personal characteristics (i.e. date of birth*);
		

		
			(iv)financial data (e.g. details regarding bank account); and
		

		
			(v)details of all information relating to Restricted Stock Units awarded, cancelled, vested, unvested or outstanding.
		

		
			4         Other persons having access to the Personal Data and purpose thereof
		

		
			The Data Controller can transfer the Personal Data to the following categories of recipients:
		

		
			(i)the provider of the Online Tool acting as Data Processor;
		

		
			(ii)payroll operators acting as Data Processors;
		

		
			(iii)regulatory authorities for the purposes of complying with legal obligations in connection with the Plan; and
		

		
			(iv)any member of the Galapagos group for the administration and management of the Plan.
		

		
			

		 

		

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			Such recipients may be located in jurisdictions outside the European Economic Area (“EEA”) that may not provide an adequate level of personal data protection. The Data Controller relies upon standard contractual clauses with the relevant data importer to transfer the data to such jurisdictions, a copy hereof can be obtained through dpo@glpg.com.
		

		
			5         Legal basis allowing Galapagos to collect and use Personal Data
		

		
			The processing of Personal Data of the Participants by the Data Controller in the context of this Plan is necessary for the performance of the contractual arrangements between the Participants and the Data Controller referred to in the introduction of this Plan (i.e. providing certain members of the executive committee and certain employees of Galapagos the opportunity to receive Restricted Stock Units as an incentive). Failure by the Participant to provide the necessary Personal Data will result in the impossibility for Galapagos to perform part of its contractual arrangements towards the Participants.
		

		
			The Data Controller can also process Personal Data of the Participants to comply with its legal obligations towards the regulatory authorities.
		

		
			6         Rights of the Participants
		

		
			The Participant can exercise his/her right to request access to and rectification or, in certain circumstances, erasure of his/her Personal Data or restriction of processing concerning the Participant or to object to processing as well as the right to data portability by sending a written request to dpo@glpg.com.
		

		
			If Participants are not satisfied with how Galapagos processes their Personal Data, they may contact Galapagos through dpo@glpg.com. They also have the right to make a complaint to the Belgian Data Protection Authority.
		

		
			 
		

		
			 
		

		 

		

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