Document:

Separation Agreement and Release, dated November 10, 2011

 Exhibit 10.2 

11/9/11 
 SEPARATION AGREEMENT AND RELEASE 
 This SEPARATION AGREEMENT AND RELEASE
(“Agreement”) is between Steve Macri (“you”) and Warner Music Inc. (the “Company”). You and the Company agree as follows: 
 1. Separation Date. Your employment with Company shall end on December 31, 2011 (the “Separation Date”). As of that date, you will have no further authority or responsibilities as an
employee of the Company. Also as of that date, the Employment Agreement between you and the Company dated July 21, 2008 (the “Employment Agreement”), will be terminated, with no liability to either you or the Company, except as
specifically set out in this Agreement and (ii) you shall also resign as an officer of the Company and its subsidiaries and affiliates (if applicable) by further agreeing to execute promptly at the request by the Company any additional
documents necessary to effectuate this provision (if applicable). Company may designate to you in writing at any time prior to the Separation Date that you shall no longer serve as Company’s Chief Financial Officer; provided that you shall
continue to be employed by Company through the Separation Date with the same salary and benefits as set forth in the Employment Agreement. 
 2. Separation Benefits. The following separation benefits are in exchange for the promises you are making in this Agreement, and specifically the release in Paragraph 6(a), provided that this
Agreement is executed in full no later than 21 calendar days following the date you receive this Agreement and not revoked pursuant to Paragraph 14(b) below: 
 (a) The Company will pay you severance in the form of salary continuation, consistent with regular payroll practices. The gross severance will equal the sum of (i) $1,200,000 plus (ii) a prorata
portion of your $600,000 target bonus with respect to portion of the fiscal the 2012 fiscal year you are employed by Company (e.g., if the Separation Date is December 31, 2011, then the prorata bonus would be equal to $151,233). Such severance
payments shall be paid over a one-year period (the “Payment Period”) (less required withholding) and shall commence on the next possible pay cycle following the Separation Date; provided that Company shall cease making such payments if
this Agreement is not executed in full within 21 calendar days following the date you received this Agreement or if you revoke this Agreement during the revocation period described herein. You are not required to seek other employment to receive
these payments, and the Company will not reduce your severance if you obtain other earnings. However, if you become re-employed with any Warner Music Inc. company before the end of the Payment Period, your severance pay will stop as of the date you
begin that employment. 
 (b) Company shall pay to you a discretionary bonus with respect to the 2011 fiscal year, in the amount
of $600,000 (less required withholding) which shall be paid to you no later than January 31, 2012. 

 (c) The Company will continue to provide you and your dependent family members with coverage
under the Company’s medical, dental and vision plans (to the extent those dependents are currently eligible for such coverage under the terms of the applicable programs) for the same payroll contributions as an active employee with the payroll
rate specified in Paragraph 2(a) until the earlier of (i) the last day of the month in which the Payment Periods ends or (ii) the date you become eligible for another medical insurance plan. 

(d) During the Payment Period, you will continue to participate in the Company’s basic life insurance plan as if you were a
full-time employee of the Company, subject to the terms and conditions of the plan. 
 (e) During the three month period
following the Separation Date, you will continue to have use of your email account with Company; provided that you shall direct to the Company any emails pertaining to Company’s business. 

3. Vacation Pay. The Company will pay you any accrued and unused vacation time through the Separation Date. 

4. No other Payments or Benefits: You acknowledge and agree that, other than the payments and benefits expressly set forth in this
Agreement, you have received all compensation to which you are entitled from the Company, and you are not entitled to any other payments or benefits from the Company. 
 5. COBRA Benefits. Under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), as amended, you may have the right, at your expense, to elect to continue your and/or your
dependents’ current medical health insurance coverage including dental and vision insurance coverage under the group insurance plan maintained by the Company. Further information regarding COBRA’s coverage, including enrollment forms
and premium quotations, will be sent to you separately. 
 6. Mutual Waiver and Release. 

(a) Waiver and Release by You. You agree that you are not otherwise entitled to receive the separation benefits described in
Paragraph 2, and that these benefits are sufficient consideration for the following Waiver and Release. 
 (i) In exchange for
the payments and other benefits you are receiving under this Agreement, you agree to waive, release and forever discharge the Company, its successors, parents, subsidiaries and affiliates, and their respective directors, officers, agents,
representatives and employees (the “Company Group”) from all claims of any kind. You release the Company Group from liability for any claims or damages you may have against it as of the date you sign this Agreement, whether
those claims are known to you or unknown, except for claims that cannot be waived or released under the law. Your release includes all claims relating to the Employment Agreement, your employment with the Company, your benefits through the
Company, or the 

 
termination of your employment, whether arising under common law, federal, state or local law, regulation, ordinance or order. Examples of claims waived and released by you including, but not
limited to, any alleged violation of the following laws and other sources of legal rights, as amended: 
  

	 	•	 	 Title VII of the Civil Rights Act of 1964, as amended; 

 

	 	•	 	 The Civil Rights Act of 1991, as amended; 

  

	 	•	 	 Sections 1981 through 1988 of Title 42 of the United States Code, as amended; 

 

	 	•	 	 The Employee Retirement Income Security Act of 1974, as amended; 

 

	 	•	 	 The Immigration Reform and Control Act, as amended; 

  

	 	•	 	 The Americans with Disabilities Act of 1990, as amended; 

 

	 	•	 	 The Age Discrimination in Employment Act of 1967, as amended; 

 

	 	•	 	 The Workers Adjustment and Retraining Notification Act, as amended; 

 

	 	•	 	 The Genetic Information Non-discrimination Act; as amended; 

 

	 	•	 	 The Occupational Safety and Health Act, as amended; 

  

	 	•	 	 The Sarbanes-Oxley Act of 2002, as amended; 

  

	 	•	 	 The Fair Credit Reporting Act; 

  

	 	•	 	 New York State and City Human Rights Laws (if applicable); 

 

	 	•	 	 the New York Executive Law; 

  

	 	•	 	 the New York Labor Law; 

  

	 	•	 	 the New York Civil Rights Law; 

  

	 	•	 	 the New York Equal Pay Law; 

  

	 	•	 	 the New York Whistleblower Law; 

  

	 	•	 	 the New York Legal Activities Law; 

	 	•	 	 the New York Wage-Hour and Wage Payment Laws and Regulations; 

 

	 	•	 	 the New York Minimum Wage Law; 

  

	 	•	 	 the New York Occupational Safety and Health Laws; 

  

	 	•	 	 the Non-discrimination and Anti-retaliation Provisions of the New York Workers’ Compensation Law and the New York State Disabilities Benefits Law;

  

	 	•	 	 the New York State Worker Adjustment and Retraining Notification Act; 

 

	 	•	 	 the New York City Human Rights Law; 

  

	 	•	 	 the New York City Administrative Code and Charter; 

  

	 	•	 	 any other federal, state, local or other law, rule, regulation, constitution, code, guideline or ordinance; 

 

	 	•	 	 any public policy, contract, tort law or common law; 

  

	 	•	 	 or any statute, common law, agreement or other basis for seeking or recovering any award of costs, fees or other expenses, including but not limited to
attorneys’ fees and/or costs. 

 (ii) Nothing in this Waiver and Release prevents you from filing a
charge with an administrative agency or cooperating with the investigation of such a charge. However, you waive your right to any personal relief for claims that you have released, including lost wages, salary, benefits, money damages,
attorneys’ fees, costs, reinstatement or any other legal or equitable relief. You waive such personal relief even if it is sought on your behalf by an agency, a governmental authority, or a person claiming to represent you and/or any member of
a class. 
 (b) Waiver and Release by the Company. The Company waives, releases, and forever discharges you from all
claims the Company may have against you as of the date it signs this Agreement under any common law, federal, state or local law, regulation, ordinance or order, arising out of your employment with the Company. 

7. No Admission. You and the Company each acknowledge that nothing in this Agreement is an admission of liability or wrongdoing by
either you or the Company. 
 8. Confidentiality and Non-Disclosure. You shall not at any time exploit, use, sell,
publish, disclose, or communicate to any person, corporation or entity, either directly or 

 
indirectly, any trade secrets or confidential information regarding the Company Group, including, without limitation, the terms of any agreements including this Agreement between Company or any
of its affiliates and any third party (except that you may disclose the financial terms of this Agreement to tax authorities, and to your attorneys and accountants). This paragraph shall not apply to information that is (a) generally known to
the industry or the public other than as a result of your breach of this covenant; (b) made legitimately available to you by a third party without breach of any confidentiality obligation; or (c) required by law to be disclosed.

 You shall not during the one-year period following the date hereof, without the prior written approval of the Executive
Vice-President and Chief Communications Officer for Warner Music Group, discuss any “Company Topic” (as defined below) with any press or media representative, nor shall you provide any information regarding any Company Topic to any press
or media representative. “Company Topic” shall mean any matter relating to Company or its affiliates, including any of their respective employees or artists. Prior to Company issuing any press release regarding your separation from
Company, Company shall provide you with an opportunity to review and comment, and Company shall consider in good faith any comments that you provide. 
 9. Cooperation. To the extent allowed by law, you agree to cooperate reasonably and truthfully with the Company in the prosecution, defense or pursuit of any matter in which you were involved
during your employment. You also agree not to voluntarily aid or assist any legal action or proceeding filed by third parties against the Company, unless your participation is protected under the law. 

10. Protected Disclosures and Statements. Nothing in this Agreement prohibits you from responding truthfully to a lawfully-issued
subpoena, court order, or other binding request by a regulatory agency or governmental authority. However, you agree to notify the General Counsel of Warner Music Group within 24 hours of receiving a subpoena or court order to publish or disclose
any trade secrets or Confidential Information. 
 11. Return of Property. You agree to promptly return to the Company all
property of the Company in your possession, including, but not limited to: keys, identification cards, files, records, credit cards, electronic equipment, and books and manuals issued to you by the Company. 

12. Card Pay-Off Requirement You acknowledge that any outstanding balances on corporate credit cards provided to you by the
Company have been paid in full, either by you with respect to any personal charges or by Company with respect to all approved expenses submitted by you, or will be fully paid prior to the due date specified by the credit card provider. 

13. Non-Solicitation. For a period of one year after the Separation Date, you shall not, without the prior written consent of
Company, directly or indirectly, as an employee, agent, consultant, partner, joint venturer, owner, officer, director, member of any other firm, partnership, corporation or other entity, or in any other capacity: (a) solicit, negotiate with,
induce 

 
or encourage any recording artist (including a duo or a group) publisher or songwriter who at the time is, either directly or through a furnishing entity, under contract to Company or an
affiliate of Company or a label distributed by Company or an affiliate of Company, where such contract was in effect or being negotiated during the one year prior to the last day of your employment to end its relationship with the Company, affiliate
or label, or to violate any provision of his or her contract; or (b) solicit, negotiate with, induce or encourage any employees of the Company or of Company’s affiliates in the United States to leave their employment.

 14. Representations and Effective Date. 
 (a) Consideration Period. You understand that this Agreement is a legally binding document under which you are giving up certain rights, including any rights you have or may have under the Age
Discrimination in Employment Act of 1967 and the Older Workers Benefit Protection Act of 1990 arising from your employment with Company, the termination of that employment or any other dealings of any kind between you and the Company Group as of the
date you sign this Agreement unless you have revoked this Agreement pursuant to Paragraph 14(b), in consideration for the monies and/or benefits specified in Paragraph 2 above. You acknowledge that you have been advised to discuss this Agreement
with an attorney and other professional persons unrelated to the Company before you sign it, and that you have been given the time necessary to seek such advice and counsel. You have had at least 21 days to consider this Agreement. You also agree
that the 21-day consideration period will not restart if changes, material or immaterial, are made to this Agreement, and you waive any right you might have to restart the running of the 21-day consideration period. You acknowledge that you have
read this Agreement and that you have signed this Agreement freely and voluntarily, with full knowledge of all material facts. 

(b) Revocation Period. You understand you may revoke this Agreement within seven days of its execution, by notifying the Company
in writing of your desire to revoke the Agreement. If you revoke this Agreement, the Agreement will have no legal effect. Any revocation within this period must be submitted, in writing, to Mark Ansorge, Executive Vice President, Human
Resources & Chief Compliance Officer, Warner Music Inc., and must state: “I hereby revoke my acceptance of our Separation Agreement and General Release.” The revocation must be either: (a) personally delivered to Mark
Ansorge, Executive Vice President, Human Resources & Chief Compliance Officer, Warner Music Inc., 75 Rockefeller Plaza, Office 30-14, New York, NY 10019, within 7 calendar days after you sign the Agreement; (b) mailed to Mark Ansorge,
Executive Vice President, Human Resources & Chief Compliance Officer, at the address specified above by First Class United States mail and postmarked within 7 calendar days after Employee signs this Agreement; or (c) delivered to Mark
Ansorge, Executive Vice President, Human Resources & Chief Compliance Officer, at the address specified above through a reputable overnight service with documented evidence that it was sent within 7 calendar days after Employee signed the
Agreement. The provisions of this Agreement including any payments due to you are not binding on the Company until eight days after the execution of this Agreement by you. This Agreement will become binding and enforceable on the eighth day after it
is signed by you. 

 15. Indemnity. To the extent that you have performed your duties for Company in good
faith and in a manner you reasonably believed to be in or not opposed to the best interests of Company and not in contravention of the instructions of any senior officer of Company, Company agrees to indemnify you against expenses (including but not
limited to final judgments and amounts paid in settlement to which Company has consented in writing, which consent shall not be unreasonably withheld) in connection with litigation against you arising out of the performance of your duties hereunder;
provided, that, you shall have provided Company with prompt notice of the commencement of any such litigation. Company will provide defense counsel selected by Company. You agree to cooperate in connection with any such litigation. Company shall
maintain directors and officers liability insurance in commercially reasonably amounts (as reasonably determined by the Board of Directors of Warner Music Group Corp.), and you shall be covered under such insurance to the same extent as any other
senior executive of Company. 
 16. Complete Agreement. This Agreement reflects the final and complete Agreement between
you and the Company with respect to the subjects addressed by it. This Agreement supersedes any and all prior agreements between you and the Company, including the Employment Agreement. No modification or waiver of the terms of this Agreement will
be valid unless made in writing and signed by an officer of the Company and you. 
 17. Severability. If any provision of
this Agreement is ruled invalid, that will not affect any other provisions of this Agreement that can be given effect without the invalid provision. The provisions of this Agreement are severable. 

18. Choice of Law. This Agreement will be governed by and construed according to the laws of the State of New York, without regard
to any choice of law provisions. 
 19. 409A Statement. This Agreement is intended to comply with Section 409A of
the Internal Revenue Code of 1986, as amended (“409A”). It will be interpreted in a manner intended to comply with Section 409A. References in this Agreement to a termination of your employment refer to the date you experience a
“separation from service” within the meaning of Section 409A. 
 (a) This subsection applies only if you are a
“specified employee” under Section 409A at the time of your separation from service with the Company. If you are, and if deferring the start of payments or benefits otherwise payable to you as a result of that separation is necessary
to prevent an accelerated or additional tax under Section 409A, then the Company will defer starting to pay such to you until the date that is (i) six months following your separation from service or (ii) the earliest date permitted
under Section 409A. At that point, all payments deferred pursuant to this subsection will be paid to you in a lump-sum and without any reduction in the payments or benefits ultimately given to you. This provision supersedes any terms in this
Agreement to the contrary. 

 (b) Also, if any other payments of money or other benefits due to you under this Agreement
could cause the application of an accelerated or additional tax under Section 409A, such payments or other benefits will be deferred if deferral will make them compliant with Section 409A. Otherwise, such payment or other benefits will be
restructured, to the extent possible, in a manner determined by the Company that does not cause such an accelerated or additional tax. This provision supersedes any terms in this Agreement to the contrary. 

(c) To the extent any reimbursements or in-kind benefits due to you under this Agreement constitute “deferred compensation”
under Section 409A, they will be paid to you in a manner consistent with Treasury Regulation Section 1.409A-3(i)(1)(iv). Each payment made under this Agreement will be designated as a “separate payment” within the meaning of
Section 409A. 
  

							
	 Date:
    11/10/11                                
	 		 	 /s/ Steve Macri

		 		 	Steve Macri
			
		 		 	Warner Music Inc.
				
	 Date:
    11/10/11                                
	 		 	By:	 	 /s/ Paul RobinsonEmployment Agreement

 Exhibit 10.1 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT AGREEMENT (the
“Agreement”), made as of November 7, 2011, is entered into by and between Curis, Inc., a Delaware corporation (the “Company”), and Maurizio Voi (the “Employee”). 

The Company desires to employ the Employee, and the Employee desires to be employed by the Company. In consideration of the mutual
covenants and promises contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 

1. Term of Employment. The Company hereby agrees to employ the Employee, and the Employee hereby accepts employment with the
Company, upon the terms set forth in this Agreement, for the period commencing on November 7, 2011 (the “Commencement Date”) and ending on November 7, 2015, unless sooner terminated in accordance with the provisions of
Section 4 (such period, as it may be extended or sooner terminated, the “Employment Period”). This Employment Agreement will remain in force and effect throughout the term of the Employment Period. This Agreement shall not be
construed as an agreement, either express or implied, to employ the Employee for any stated term, and shall in no way alter the Company’s policy of employment at will, under which both the Employee and the Company remain free to terminate the
employment relationship, with or without cause, at any time, with or without notice. 
 2. Position. 

(a) The Employee shall serve as Executive Vice President, Chief Medical Officer and Chief Development Officer of the Company. The
Employee shall have such duties and authority consistent with his position as may be assigned from time to time by the Chief Executive Officer and President of the Company. The Employee shall report to, and be subject to the supervision of, the
Chief Executive Officer and President. The Employee agrees to devote his entire business time to the business and interests of the Company during the Employment Period. 
 (b) The Employee agrees to abide by the rules, regulations, instructions, personnel practices and policies of the Company and any changes therein which may be adopted from time to time by the Company.

 3. Compensation and Benefits. 
 3.1 Salary. During the Employment Period, the Company shall pay the Employee, in periodic installments in accordance with the Company’s customary payroll practices, a base salary of $14,423
per bi-weekly pay period (based upon 26 bi-weekly pay periods per annum, equal to $375,000 per annum). Such salary shall be subject to annual review by the Board of Directors of the Company (the “Board”) and/or the Compensation Committee
of the Board (the “Compensation Committee”). 
 3.2 Stock Options. Subject to approval by the Compensation
Committee, on or about the Commencement Date the Employee shall be granted, pursuant to the Company’s 

 
2010 Stock Incentive Plan (the “Plan”), an option to purchase 350,000 shares of Common Stock, $0.01 par value (“Common Stock”) of the Company pursuant to the terms and
conditions of the Plan and a stock option agreement issued thereunder, such option to (a) be exercisable at a price per share equal to the closing price of the Company’s Common Stock on the NASDAQ Stock Market on date of grant, and
(b) to vest and become exercisable, subject to the Employee’s continued employment, at a rate of 25% of the total shares underlying the option on the first anniversary of the date of grant and as to an additional 6.25% of the total shares
underlying the grant at the end of each full calendar quarter thereafter. The Board or the Compensation Committee may award additional stock options the Employee from time to time in their sole discretion. The Employee may be eligible for an annual
performance equity-based award in connection with the Company’s annual performance equity award cycle beginning in calendar year 2012. 
 3.3 Bonus; Cash Incentives. 
 (a) The Compensation Committee has the
authority to award discretionary annual cash bonuses to the executive officers of the Company, including the Employee. Any bonus awarded shall be based on the achievement of specific objectives established by the Board. Such bonus (if any) will be
paid in the form of cash or capital stock, as determined by the Compensation Committee. 
 (b) The Compensation Committee has
established a discretionary short-term incentive plan for executive officers for fiscal 2011 that provides for a potential cash incentive bonus payment, up to a predetermined percentage of each such executive officer’s 2011 actual compensation,
based upon objectives established by the Compensation Committee. Pursuant to this program, upon the determination of the Compensation Committee, acting in its sole discretion, the Employee may be entitled to receive a bonus for 2011 equal to up to
37.5% of his earned compensation in 2011, estimated to be approximately $26,000. 
 (c) Any bonus or cash incentive awarded to
Employee will be paid, subject to required withholdings and deductions, on or before March 15 of the calendar year immediately following the year for which the bonus or cash incentive was earned. 

3.4 Fringe Benefits. The Employee shall be entitled to participate in all medical and other benefit programs that the Company
establishes and makes available to its employees, if any, to the extent that Employee’s position, tenure, salary, age, health and other qualifications make him eligible to participate. This comprehensive program currently covers medical and
dental benefits, life and disability insurances, and a Section 125 Plan. The Employee will also be eligible to participate in the Company’s 401(k) Plan. The Employee shall be entitled to three weeks paid vacation per year subject to the
Company’s policies for accrual and use. 
 3.5 Reimbursement of Expenses. The Company shall reimburse the Employee
for all reasonable travel, entertainment and other expenses incurred or paid by the Employee in connection with, or related to, the performance of his duties, responsibilities or services under this Agreement, upon presentation by the Employee of
documentation, expense statements, receipts, vouchers and/or such other supporting information as the Company may 

  
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request, provided, however, that the maximum amount available for such travel, entertainment and other expenses may be fixed in advance by the Company. 

3.6 Relocation Expenses. 
 (a) The Company shall reimburse the Employee for reasonable relocation expenses incurred, not to exceed $60,000, relating to the Employee’s relocation from New York to Massachusetts (including broker
fees relating to the sale of the Employee’s residence in New York, transportation and moving of household items and any other related out-of-pocket moving expenses) (the “Relocation Expenses”), upon presentation by the Employee of
documentation, expense statements, receipts, vouchers and/or such other supporting information as the Company may request. 

(b) The Company shall pay the Employee a gross up payment equal to the sum of any federal and state income taxes and social security and
medicare employment taxes (collectively, the “Taxes”) payable with respect to the Relocation Expenses, plus such additional Taxes as may be imposed on the Employee attributable to the receipt of such gross up payment. Any such payment for
Taxes shall be made no later than the end of the Employee’s taxable year next following the Employee’s taxable year in which the Employee’s remits the Taxes. 
 3.7 Withholding. All salary, bonus and other compensation payable to the Employee shall be subject to applicable withholdings. 

4. Termination of Employment Period. 
 (a) The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the expiration of the Employment Period. 

(b) The Company has the right to terminate the Employee’s employment under this Agreement, by notice to the Employee in writing at
any time (i) for Cause (as defined below), (ii) without Cause for any or no reason, or (iii) due to the Disability (as defined below) of the Employee. Any such termination shall be effective upon the date of such notice to the
Employee or such other date as may be specified in such notice. 
 (c) Employee’s employment under this Agreement shall
terminate immediately upon the Employee’s death. 
 (d) The Employee shall have the right to terminate his employment under
this Agreement (i) for any reason or no reason upon thirty (30) days’ prior written notice to the Company or (ii) for Good Reason (as defined below) upon thirty (30) days’ prior written notice specifying such Good
Reason. 
 (e) As used in this Agreement, the terms below shall have the following meanings: 

(i) “Cause” means (a) the Employee’s failure or refusal to substantially perform his duties or the Employee’s
continued neglect to perform such duties to the full extent of his abilities for reasons other than death, physical or mental incapacity, (b) a 

  
 3 

 
good faith finding by the Company of the Employee’s failure to perform his duties as assigned to him by the Board or Chief Executive Officer of the Company, (c) a good faith finding by
the Company of dishonesty, gross negligence, or misconduct, (d) conviction or the entry of a pleading of nolo contendere to any crime or felony, or (e) any breach or threatened breach of any confidentiality, non-solicitation, or
inventions agreement with the Company. For purposes of Section 5(c) of this Agreement, “Cause” shall have the meaning ascribed to it in Section 8(c)(1)(d) of the Company’s 2010 Stock Incentive Plan, as amended from time to
time. 
 (ii) “Good Reason” shall mean (a) any material diminution in the Employee’s authority, duties or
responsibilities; (b) any material reduction in his annual base salary; (c) any material breach by the Company of this Agreement; or (d) any requirement by the Company or of any person in control of the Company that the location at
which the Employee performs his principal duties for the Company be changed to a new location that is more than forty (40) miles from the current principal location of the Company, provided that (i) the Employee provides the Company with
notice of the condition described above within 90 days after the initial existence of the condition; (ii) such condition is not remedied by the Company within 30 days after receiving the notice and (iii) the Employee separates from service
with the Company within 2 years following the initial existence of the condition. 
 (iii) “Change in Control Event”
shall mean: 
 (A) The acquisition by an individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2)
of the Exchange Act) (a “Person”) of beneficial ownership of any capital stock of the Company if, after such acquisition, such Person beneficially owns (within the meaning of Rule 13d-3 promulgated under the Exchange Act) 50% or more of
either (x) the then-outstanding shares of common stock of the Company (the “Outstanding Company Common Stock”) or (y) the combined voting power of the then-outstanding securities of the Company entitled to vote generally in the
election of directors (the “Outstanding Company Voting Securities”); provided, however, that for purposes of this subsection (i), the following acquisitions shall not constitute a Change in Control Event: (1) any acquisition directly
from the Company (excluding an acquisition pursuant to the exercise, conversion or exchange of any security exercisable for, convertible into or exchangeable for common stock or voting securities of the Company, unless the Person exercising,
converting or exchanging such security acquired such security directly from the Company or an underwriter or agent of the Company), (2) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or
any corporation controlled by the Company, or (3) any acquisition by any corporation pursuant to a Business Combination (as defined below) which complies with clauses (x) and (y) of subsection (C) of this definition; or

 (B) Such time as the Continuing Directors (as defined below) do not constitute a majority of the Board (or, if applicable,
the Board of Directors of a successor corporation to the Company), where the term “Continuing Director” means at any date a member of the Board (x) who was a member of the Board on the date of the initial adoption of this Agreement by
the Board or (y) who was nominated or elected subsequent to such date by at least a majority of the directors who were Continuing Directors at the time of such nomination or election or whose election to the Board was recommended or endorsed by
at least a majority of the directors who were Continuing Directors at the time of such nomination or election; or 

  
 4 

 (C) The consummation of a merger, consolidation, reorganization, recapitalization or share
exchange involving the Company or a sale or other disposition of all or substantially all of the assets of the Company (a “Business Combination”), unless, immediately following such Business Combination, each of the following two
conditions is satisfied: (x) all or substantially all of the individuals and entities who were the beneficial owners of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to such Business
Combination beneficially own, directly or indirectly, more than 50% of the then-outstanding shares of common stock and the combined voting power of the then-outstanding securities entitled to vote generally in the election of directors,
respectively, of the resulting or acquiring corporation or other form of entity in such Business Combination (which shall include, without limitation, a corporation which as a result of such transaction owns the Company or substantially all of the
Company’s assets either directly or through one or more subsidiaries) (such resulting or acquiring corporation or entity is referred to herein as the “Acquiring Corporation”) in substantially the same proportions as their ownership of
the Outstanding Company Common Stock and Outstanding Company Voting Securities, respectively, immediately prior to such Business Combination and (y) no Person (excluding the Acquiring Corporation or any employee benefit plan (or related trust)
maintained or sponsored by the Company or by the Acquiring Corporation) beneficially owns, directly or indirectly, 50% or more of the then-outstanding shares of common stock of the Acquiring Corporation, or of the combined voting power of the
then-outstanding securities of such corporation entitled to vote generally in the election of directors (except to the extent that such ownership existed prior to the Business Combination). 

(iv) “Disability” shall be deemed to have occurred when the Employee shall have been unable to perform his duties by reason of
illness or incapacity for a period of 120 consecutive days in any period of 52 consecutive weeks, as determined in good faith by the Board in accordance with applicable law. 
 5. Compensation upon Termination. 
 (a) In the event the Employee’s
employment terminates by the Company for Cause, by the Employee without Good Reason or due to the death or Disability of the Employee, the Company shall pay to the Employee only his base salary accrued through the last day of his employment with the
Company. 
 (b) In the event the Employee’s employment terminates as a result of a termination by the Employee for Good
Reason, or a termination by the Company without Cause (except for a termination covered by 5(c)), the Employee shall: (i) receive his base salary accrued through the last day of his employment with the Company, (ii) receive payments equal
to one-half (1/2) of the Employee’s then base salary, reduced by all applicable taxes and withholdings, over a period of six months in accordance with the Company’s then current payroll policies and practices and (iii) the
Employee’s medical/dental insurance as an Employee of the Company will cease upon termination and the Employee will immediately become eligible for continuation of medical/dental coverage pursuant to COBRA. The Company will pay any difference
between the COBRA premium and the amount the Employee would otherwise be responsible for with respect to the medical and dental coverage elected for a period of six (6) months from the date such termination or as long as the Employee is
eligible for COBRA, whichever period is shorter. 

  
 5 

 
At the end of this period, the Employee is eligible to continue coverage for the balance of the statutory period under COBRA, provided that the Employee pays the COBRA premium. 

(c) In the event the Employee’s employment terminates as a result of termination of the Employee by the Company or its successor
without Cause, or by the Employee for Good Reason, within twelve (12) months following a Change in Control Event, the Employee shall: (i) receive his base salary accrued through the last day of his employment with the Company;
(ii) receive payments equal to one-half (1/2) of the Employee’s then base salary, reduced by all applicable taxes and withholdings, over a period of six months in accordance with the Company’s then current payroll policies and
practices and (iii) the Employee’s medical/dental insurance as an Employee of the Company will cease upon termination and the Employee will immediately become eligible for continuation of medical/dental coverage pursuant to COBRA. The
Company will pay directly to the provider of the medical/dental coverage at the time such premiums are due any difference between the COBRA premium and the amount the Employee would otherwise be responsible for with respect to the medical and dental
coverage elected for a period of six (6) months from the date such termination or as long as the Employee is eligible for COBRA, whichever period is shorter. At the end of this period, the Employee is eligible to continue coverage for the
balance of the statutory period under COBRA, provided that the Employee pays the COBRA premium. For purposes of this paragraph, the Employee’s “base salary” shall be the greater of the amount in effect either immediately prior to the
Change in Control Event or the termination date of Employee’s employment. The benefits provided under this Section 5(c) shall be in lieu of any benefits the Employee would have otherwise been entitled to pursuant to Section 5(b) of
this Agreement. 
 (d) The following rules shall apply with respect to distribution of the payments and benefits, if any, to be
provided to the Employee under this Section 5: 
 (i) It is intended that each installment of the payments and benefits
provided under Section 5 shall be treated as a separate “payment” for purposes of Section 409A. Neither the Company nor the Employee shall have the right to accelerate or defer the delivery of any such payments or benefits except
to the extent specifically permitted or required by Section 409A; 
 (ii) If, as of the date of the “separation from
service” of the Employee from the Company, the Employee is not a “specified employee” (each within the meaning of Section 409A), then each installment of the payments and benefits shall be made on the dates and terms set forth in
Section 5; and 
 (iii) If, as of the date of the “separation from service” of the Employee from the Company,
the Employee is a “specified employee” (each, for purposes of this Agreement, within the meaning of Section 409A), as determined by the Company in accordance with its procedures, by which determination the Employee hereby agrees that
he is bound, then: 
 (A) Each installment of the payments and benefits due under Section 5 that, in accordance with the
dates and terms set forth herein, will in all circumstances, regardless of when the separation from service occurs, be paid within the Short-Term Deferral Period (as hereinafter defined) shall be treated as a short-term deferral within the meaning
of 

  
 6 

 
Treasury Regulation Section 1.409A-1(b)(4) to the maximum extent permissible under Section 409A. For purposes of this Agreement, the “Short-Term Deferral Period” means the
period ending on the later of the 15th day of the third month following the end of the Employee’s tax year in which the Employee’s separation from service occurs and the 15th day of the third month following the end of the Company’s
tax year in which the Employee’s separation from service occurs; 
 (B) Each installment of the payments and benefits due
under Section 5 that is not paid within the Short-Term Deferral Period and that would, absent this subsection, be paid within the six-month period following the “separation from service” of the Employee of the Company shall not be
paid until the date that is six months and one day after such separation from service (or, if earlier, the death of the Employee), with any such installments that are required to be delayed being accumulated during the six-month period and paid in a
lump sum on the date that is six months and one day following the Employee’s separation from service and any subsequent installments, if any, being paid in accordance with the dates and terms set forth herein; provided, however, that the
preceding provisions of this sentence shall not apply to any installment of payments and benefits if and to the maximum extent that such installment is deemed to be paid under a separation pay plan that does not provide for a deferral of
compensation by reason of the application of Treasury Regulation 1.409A-1(b)(9)(iii) (relating to separation pay upon an involuntary separation from service) or Treasury Regulation 1.409A-1(b)(9)(iv) (relating to reimbursements and certain other
separation payments). Such delayed payments shall bear interest at an annual rate equal to the prime rate as set forth in the Eastern edition of the Wall Street Journal on the Employee’s date of termination of employment, from the date of
termination of employment to the date of payment. Any installments that qualify for the exception under Treasury Regulation Section 1.409A-1(b)(9)(iii) must be paid no later than the last day of the second taxable year of the Employee following
the taxable year of the Employee in which the separation from service occurs. 
 (C) The determination of whether and when the
Employee’s separation from service from the Company has occurred shall be made and in a manner consistent with, and based on the presumptions set forth in, Treasury Regulation Section 1.409A-1(h). Solely for purposes of this paragraph (C),
“Company” shall include all persons with whom the Company would be considered a single employer under Section 414(b) and 414(c) of the Code. 
 (e) The receipt of any severance benefits provided for under this Agreement or otherwise shall be dependent upon the Employee’s delivery to the Company of an effective general release of claims in a
form satisfactory to the Company. Such release must be delivered and become irrevocable within sixty (60) days of the date of the Employee’s termination of employment. Payment of the benefits shall be made or commence no later than the
thirtieth (30th) day following the date on which the release becomes irrevocable. Notwithstanding the foregoing, if the 60th day following the termination of employment occurs in the calendar year following the year of the Employee’s
termination of employment then the severance payments shall not be made or commence prior to January 1 of the year following such termination of employment, and in any event, payment of benefits under this subparagraph shall be subject to the
provisions of Section 5(d) to the extent applicable. 

  
 7 

 (f) The benefits provided for the Employee under this Agreement shall be the sole payments
and benefits for which the Employee shall be eligible at the conclusion of his employment with the Company for any reason and shall supersede any and all prior agreements or arrangements for post-termination benefits and indemnification. 

6. Notices. All notices, instructions, demands, claims, requests and other communications given hereunder or in connection
herewith shall be in writing. Any such communication shall be sent either (a) by registered or certified mail, return receipt requested, postage prepaid, or (b) via a reputable nationwide overnight courier service, in each case to the
address set forth below. Any such communication shall be deemed to have been delivered two business days after it is sent by registered or certified mail, return receipt requested, postage prepaid, or one business day after it is sent via a
reputable nationwide overnight courier service. 
  

			
	To the Company:	  	 Curis, Inc.
 4 Maguire
Road
 Lexington, MA 02421
 Facsimile:
(617) 503-6501
 Attention: Chief Financial Officer

		
	To the Employee:	  	 Dr. Maurizio Voi

[                         
           

                         
           ]

 Either party hereto may give any notice, instruction, demand, claim, request or other communication hereunder using any
other means (including personal delivery, expedited courier, messenger service, telecopy, telex, ordinary mail or electronic mail), but no such communication shall be deemed to have been duly given unless and until it actually is received by the
party for which it is intended. Either party hereto may change the address to which notices, instructions, demands, claims, requests and other communications hereunder are to be delivered by giving the other party hereto notice in the manner set
forth in this Section 6. 
 7. Entire Agreement. This Agreement supersedes all prior agreements, whether oral or
written, by any officer, employee or representative of any party hereto in respect of the subject matter contained herein; and any prior agreement of the parties hereto in respect of the subject matter contained herein is hereby terminated and
cancelled (other than the Non-disclosure and Assignment of Inventions Agreement dated November 7, 2011 by and between Employee and the Company). 
 8. Amendment. This Agreement may be amended or modified only by a written instrument executed by both the Company and the Employee. 

9. Governing Law. Except as set forth in Section 13.14, the Agreement shall be governed by and construed in accordance with
the laws of the Commonwealth of Massachusetts without giving effect to principles of conflicts of laws. Except as set forth in Section 13.16, any action, suit, or other legal proceeding which is commenced to resolve any matter arising under or
relating to any provision of the Agreement shall be commenced only in a court of the Commonwealth of Massachusetts (or, if appropriate, a federal court located within 

  
 8 

 
Massachusetts), and the Company and the Employee each consents to the jurisdiction of such a court. 
 10. Successors and Assigns. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business or
assets of the Company expressly to assume and agree to perform the Agreement to the same extent that the Company would be required to perform it if no such succession had taken place. As used in the Agreement, “Company” shall mean the
Company as defined above and any successor to its business or assets as aforesaid which assumes and agrees to perform the Agreement, by operation of law or otherwise. 
 11. Miscellaneous. 
 11.1 No delay or omission by the Company in exercising
any right under this Agreement shall operate as a waiver of that or any other right. A waiver or consent given by the Company on any one occasion shall be effective only in that instance and shall not be construed as a bar or waiver of any right on
any other occasion. 
 11.2 The captions of the sections of this Agreement are for convenience of reference only and in no way
define, limit or affect the scope or substance of any section of this Agreement. 
 11.3 In case any provision of this Agreement
shall be invalid, illegal or otherwise unenforceable, the validity, legality and enforceability of the remaining provisions shall in no way be affected or impaired thereby. 
 12. No Duty to Seek Employment. The Employee and the Company acknowledge and agree that nothing contained in this Agreement shall be construed as requiring the Employee to seek or accept
alternative or replacement employment in the event of his termination of employment by the Company for any reason, and no payment or benefit payable hereunder shall be conditioned on the Employee’s seeking or accepting such alternative or
replacement employment. 
 13. Indemnification. Upon the later of (1) six years after the date that the Employee
shall have ceased to serve as an Employee officer of the Company or, at the request of the Company, as a director, officer, partner, trustee, member, employee or agent of another corporation, partnership, joint venture, trust, limited liability
company or other enterprise or (2) the final termination of all Proceedings (as defined below) pending on the date set forth in clause (1) in respect of which the Employee is granted rights of indemnification or advancement of Expenses (as
defined below) hereunder and of any proceeding commenced by the Employee pursuant to Section 13.8 of this Agreement relating thereto, the Company shall provide indemnification to the Employee as follows: 

13.1 Indemnification in Third-Party Proceedings. The Company shall indemnify the Employee in accordance with the provisions of
this Section 13.1 if the Employee was or is a party to or threatened to be made a party to or otherwise involved in any Proceeding (other than a Proceeding by or in the right of the Company to procure a judgment in its favor) by reason of the
Employee’s Corporate Status or by reason of any action alleged to have been taken 

  
 9 

 
or omitted in connection therewith, against all Expenses, judgments, fines, penalties and amounts paid in settlement actually and reasonably incurred by or on behalf of the Employee in connection
with such Proceeding, if the Employee acted in good faith and in a manner which the Employee reasonably believed to be in, or not opposed to, the best interests of the Company and, with respect to any criminal Proceeding, had no reasonable cause to
believe that his or her conduct was unlawful. The termination of any Proceeding by judgment, order, settlement, conviction or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the Employee did not act
in good faith and in a manner which the Employee reasonably believed to be in, or not opposed to, the best interests of the Company, and, with respect to any criminal Proceeding, had reasonable cause to believe that his or her conduct was unlawful.

 13.2 Indemnification in Proceedings by or in the Right of the Company. The Company shall indemnify the Employee in
accordance with the provisions of this Section 13.2 if the Employee was or is a party to or threatened to be made a party to or otherwise involved in any Proceeding by or in the right of the Company to procure a judgment in its favor by reason
of the Employee’s Corporate Status (as defined below) or by reason of any action alleged to have been taken or omitted in connection therewith, against all Expenses and, to the extent permitted by law, amounts paid in settlement actually and
reasonably incurred by or on behalf of the Employee in connection with such Proceeding, if the Employee acted in good faith and in a manner which the Employee reasonably believed to be in, or not opposed to, the best interests of the Company, except
that no indemnification shall be made under this Section 13.2 in respect of any claim, issue, or matter as to which the Employee shall have been adjudged to be liable to the Company, unless, and only to the extent, that the Court of Chancery of
Delaware or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of such liability but in view of all the circumstances of the case, the Employee is fairly and reasonably entitled to
indemnity for such Expenses as the Court of Chancery or such other court shall deem proper. 
 13.3 Exceptions to Right of
Indemnification. Notwithstanding anything to the contrary in this Agreement, except as set forth in Section 13.8, the Company shall not indemnify the Employee in connection with a Proceeding (or part thereof) initiated by the Employee
unless the initiation thereof was approved by the Board of the Company. Notwithstanding anything to the contrary in this Agreement, the Company shall not indemnify the Employee to the extent the Employee is reimbursed from the proceeds of insurance,
and in the event the Company makes any indemnification payments to the Employee and the Employee is subsequently reimbursed from the proceeds of insurance, the Employee shall promptly refund such indemnification payments to the Company to the extent
of such insurance reimbursement. 
 13.4 Indemnification of Expenses of Successful Party. Notwithstanding any other
provision of this Agreement, to the extent that the Employee has been successful, on the merits or otherwise, in defense of any Proceeding or in defense of any claim, issue or matter therein, the Employee shall be indemnified against all Expenses
incurred by or on behalf of Employee in connection therewith. Without limiting the foregoing, if any Proceeding or any claim, issue or matter therein is disposed of, on the merits or otherwise (including a disposition without prejudice), without
(i) the disposition being adverse to the Employee, (ii) an adjudication that the Employee was liable to the Company, (iii) a plea of guilty or nolo contendere by the 

  
 10 

 
Employee, (iv) an adjudication that Employee did not act in good faith and in a manner the Employee reasonably believed to be in or not opposed to the best interests of the Company, and
(v) with respect to any criminal proceeding, an adjudication that the Employee had reasonable cause to believe his or her conduct was unlawful, the Employee shall be considered for the purposes hereof to have been wholly successful with respect
thereto. 
 13.5 Notification and Defense of Claim. As a condition precedent to the Employee’s right to be
indemnified, the Employee must notify the Company in writing as soon as practicable of any Proceeding for which indemnity will or could be sought. With respect to any Proceeding of which the Company is so notified, the Company will be entitled to
participate therein at its own expense and/or to assume the defense thereof at its own expense, with legal counsel reasonably acceptable to the Employee. After notice from the Company to the Employee of its election so to assume such defense, the
Company shall not be liable to the Employee for any legal or other expenses subsequently incurred by the Employee in connection with such Proceeding, other than as provided below in this Section 13.5. The Employee shall have the right to employ
his or her own counsel in connection with such Proceeding, but the fees and expenses of such counsel incurred after notice from the Company of its assumption of the defense thereof shall be at the expense of the Employee unless (i) the
employment of counsel by the Employee has been authorized by the Company, (ii) counsel to the Employee shall have reasonably concluded that there may be a conflict of interest or position on any significant issue between the Company and the
Employee in the conduct of the defense of such Proceeding or (iii) the Company shall not in fact have employed counsel to assume the defense of such Proceeding, in each of which cases the fees and expenses of counsel for the Employee shall be
at the expense of the Company, except as otherwise expressly provided by this Agreement. The Company shall not be entitled, without the consent of the Employee, to assume the defense of any claim brought by or in the right of the Company or as to
which counsel for the Employee shall have reasonably made the conclusion provided for in clause (ii) above. The Company shall not be required to indemnify the Employee under this Agreement for any amounts paid in settlement of any Proceeding
effected without its written consent. The Company shall not settle any Proceeding in any manner which would impose any penalty or limitation on the Employee without the Employee’s written consent. Neither the Company nor the Employee will
unreasonably withhold or delay their consent to any proposed settlement. 
 13.6 Advancement of Expenses. Subject to the
provisions of Section 13.7 of this Agreement, in the event that the Company does not assume the defense pursuant to Section 13.5 of this Agreement of any Proceeding of which the Company receives notice under this Agreement, any Expenses
incurred by or on behalf of the Employee in defending such Proceeding shall be paid by the Company in advance of the final disposition of such Proceeding; provided, however, that the payment of such Expenses incurred by or on behalf of the Employee
in advance of the final disposition of such Proceeding shall be made only upon receipt of an undertaking by or on behalf of the Employee to repay all amounts so advanced in the event that it shall ultimately be determined that the Employee is not
entitled to be indemnified by the Company as authorized in this Agreement. Such undertaking shall be accepted without reference to the financial ability of the Employee to make repayment. 

13.7 Procedure for Indemnification. In order to obtain indemnification or advancement of Expenses pursuant to Sections 13.1, 13.2,
13.4 or 13.6 of this Agreement, the 

  
 11 

 
Employee shall submit to the Company a written request. Any such indemnification or advancement of Expenses shall be made promptly, and in any event within 30 days after receipt by the Company of
the written request of the Employee, unless with respect to requests under Sections 13.1, 13.2 or 13.6 the Company determines within such 30-day period that the Employee did not meet the applicable standard of conduct set forth in Section 13.1
or 13.2, as the case may be. Such determination, and any determination that advanced Expenses must be repaid to the Company, shall be made in each instance (i) by a majority vote of the directors of the Company consisting of persons who are not
at that time parties to the Proceeding (“disinterested directors”), whether or not a quorum, (ii) by a committee of disinterested directors designated by a majority vote of disinterested directors, whether or not a quorum,
(iii) if there are no disinterested directors, or if the disinterested directors so direct, by independent legal counsel (who may, to the extent permitted by applicable law, be regular legal counsel to the Company) in a written opinion, or
(iv) by the stockholders of the Company. 
 13.8 Remedies. The right to indemnification or advancement of Expenses
as provided by this Agreement shall be enforceable by the Employee in any court of competent jurisdiction. Unless otherwise required by law, the burden of proving that indemnification is not appropriate shall be on the Company. Neither the failure
of the Company to have made a determination prior to the commencement of such action that indemnification is proper in the circumstances because the Employee has met the applicable standard of conduct, nor an actual determination by the Company
pursuant to Section 13.7 that the Employee has not met such applicable standard of conduct, shall be a defense to the action or create a presumption that the Employee has not met the applicable standard of conduct. The Employee’s expenses
(of the type described in the definition of “Expenses” below) reasonably incurred in connection with successfully establishing the Employee’s right to indemnification, in whole or in part, in any such Proceeding shall also be
indemnified by the Company. 
 13.9 Partial Indemnification. If the Employee is entitled under any provision of this
Agreement to indemnification by the Company for some or a portion of the Expenses, judgments, fines, penalties or amounts paid in settlement actually and reasonably incurred by or on behalf of the Employee in connection with any Proceeding but not,
however, for the total amount thereof, the Company shall nevertheless indemnify the Employee for the portion of such Expenses, judgments, fines, penalties or amounts paid in settlement to which the Employee is entitled. 

13.10 Subrogation. In the event of any payment under this Agreement, the Company shall be subrogated to the extent of such payment
to all of the rights of recovery of the Employee, who shall execute all papers required and take all action necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such
rights. 
 13.11 Indemnification Hereunder Not Exclusive. The indemnification and advancement of Expenses provided by
this Agreement shall not be deemed exclusive of any other rights to which the Employee may be entitled under the Company’s Certification of Incorporation, the By-Laws, any other agreement, any vote of stockholders or disinterested directors,
the General Corporation Law of Delaware, any other law (common or statutory), or otherwise, both as to action in the Employee’s official capacity and as to action in another 

  
 12 

 
capacity while holding office for the Company. Nothing contained in this Agreement shall be deemed to prohibit the Company from purchasing and maintaining insurance, at its expense, to protect
itself or the Employee against any expense, liability or loss incurred by it or the Employee in any such capacity, or arising out of the Employee’s status as such, whether or not the Employee would be indemnified against such expense, liability
or loss under this Agreement; provided that the Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder if and to the extent that the Employee has otherwise actually received such payment
under any insurance policy, contract, agreement or otherwise. 
 13.12 Definitions. As used in this Section 13:

 (i) The term “Proceeding” shall include any threatened, pending or completed action, suit, arbitration,
alternative dispute resolution proceeding, administrative hearing or other proceeding, whether brought by or in the right of the Company or otherwise and whether of a civil, criminal, administrative or investigative nature, and any appeal therefrom.

 (ii) The term “Corporate Status” shall mean the status of a person who is or was a director or officer of the
Company, or is or was serving, or has agreed to serve, at the request of the Company, as a director, officer, partner, trustee, member, employee or agent of another corporation, partnership, joint venture, trust, limited liability company or other
enterprise. 
 (iii) The term “Expenses” shall include, without limitation, attorneys’ fees, retainers, court
costs, transcript costs, fees and expenses of experts, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees and other disbursements or expenses of the types customarily incurred in
connection with investigations, judicial or administrative proceedings or appeals, but shall not include the amount of judgments, fines or penalties against the Employee or amounts paid in settlement in connection with such matters. Notwithstanding
any provision of this Section to the contrary, (i) the expenses eligible for reimbursement may not affect the expenses eligible for reimbursement in any other taxable year, (ii) such reimbursement must be made on or before the last day of
the year following the year in which the expenses was incurred, and (iii) the right to reimbursement is not subject to liquidation or exchange for another benefit. 
 (iv) References to “other enterprise” shall include employee benefit plans; references to “fines” shall include any excise tax assessed with respect to any employee benefit plan;
references to “serving at the request of the Company” shall include any service as a director, officer, employee or agent of the Company which imposes duties on, or involves services by, such director, officer, employee, or agent with
respect to an employee benefit plan, its participants, or beneficiaries; and a person who acted in good faith and in a manner such person reasonably believed to be in the interests of the participants and beneficiaries of an employee benefit plan
shall be deemed to have acted in a manner “not opposed to the best interests of the Company” as referred to in this Agreement. 
 13.13 Savings Clause. If this Section 13 or any portion thereof shall be invalidated on any ground by any court of competent jurisdiction, then the Company shall nevertheless indemnify the
Employee as to Expenses, judgments, fines, penalties and amounts 

  
 13 

 
paid in settlement with respect to any Proceeding to the full extent permitted by any applicable portion of this Section 13 that shall not have been invalidated and to the fullest extent
permitted by applicable law. 
 13.14 Applicable Law. Notwithstanding anything herein to the contrary, this
Section 13 shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware. The Employee may elect to have the right to indemnification or reimbursement or advancement of Expenses interpreted on the basis
of the applicable law in effect at the time of the occurrence of the event or events giving rise to the applicable Proceeding, to the extent permitted by law, or on the basis of the applicable law in effect at the time such indemnification or
reimbursement or advancement of Expenses is sought. Such election shall be made, by a notice in writing to the Company, at the time indemnification or reimbursement or advancement of Expenses is sought; provided, however, that if no such notice is
given, and if the General Corporation Law of Delaware is amended, or other Delaware law is enacted, to permit further indemnification of the directors and officers, then the Employee shall be indemnified to the fullest extent permitted under the
General Corporation Law, as so amended, or by such other Delaware law, as so enacted. 
 13.15 Enforcement. The Company
expressly confirms and agrees that it has entered into this Agreement in order to induce the Employee to continue to serve as an officer of the Company, among other things, and acknowledges that the Employee is relying upon this Agreement in
continuing in such capacity. 
 13.16 Consent to Suit. In the case of any dispute under or in connection with this
Section 13, the Employee may only bring suit against the Company in the Court of Chancery of the State of Delaware. The Employee hereby consents to the exclusive jurisdiction and venue of the courts of the State of Delaware, and the Employee
hereby waives any claim the Employee may have at any time as to forum non conveniens with respect to such venue. The Company shall have the right to institute any legal action arising out of or relating to this Section 13 in any court of
competent jurisdiction. Any judgment entered against either of the parties in any proceeding hereunder may be entered and enforced by any court of competent jurisdiction. 
 14. Section 409A of the Internal Revenue Code. All payments and benefits provided under this Agreement are intended to either comply with or be exempt from Section 409A and this Agreement
shall be administered and construed accordingly. The Company makes no representations or warranty and shall have no liability to the Employee or any other person if any payments made under this Agreement are determined to constitute deferred
compensation subject to Section 409A but not to satisfy the conditions of that section. All reimbursements and in-kind benefits provided under this Agreement shall be made or provided in accordance with the requirements of Section 409A to
the extent that such reimbursements or in-kind benefits are subject to Section 409A, including, where applicable, the requirements that (i) any reimbursement is for expenses incurred during the Employee’s lifetime (or during a shorter
period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of an
eligible expense will be made on or before the last day of the calendar year following the year in which the expense is incurred and (iv) the right to reimbursement is not subject to set off or liquidation or exchange for any other benefit.

  
 14 

 15. Counterparts. This Agreement may be executed in two counterparts, each of which
shall be deemed to be an original, but all of which together shall constitute one and the same instrument. 
 IN WITNESS
WHEREOF, the parties hereto have executed this Agreement as of the day and year set forth above. 
  

			
	CURIS, INC.
		
	By:	 	 /s/ Daniel R. Passeri

	Name:	 	Daniel R. Passeri
	Title:	 	Chief Executive Officer and President
	
	EMPLOYEE
		
	By:	 	 /s/ Dr. Maurizio Voi

		 	Dr. Maurizio Voi

  
 15

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