Document:

SECOND AMENDMENT TO LEASES DATED AUGUST 17, 2004

 EXHIBIT 10.1 
  
 SECOND AMENDMENT TO LEASES 
 Execution Date: As of August 17, 2004 
  
 This Amendment to Lease is made as of the Execution Date first above written by and between FPRP Moulton LLC, a Massachusetts limited liability company, acting as Trustee of Fresh Pond Research Park Trust (“Landlord”) and Curis,
Inc., a Massachusetts corporation (“Tenant”). Tenant was formerly known as Ontogeny, Inc. 
  

	1.	 	BACKGROUND 

  
 Reference is made to the following: 
  

	 	1.1	 	Tenant is presently leasing premises (“1995 Premises”), containing 35,095 square feet of rentable floor area, in buildings known as 33 and 45 Moulton Street, Cambridge,
Massachusetts and 27 Moulton Street, Cambridge, Massachusetts (collectively “1995 Buildings”) pursuant to a lease (“1995 Lease”) dated as November 16, 1995 by and between Landlord, as successor-in-interest to Michael J. Spinelli,
Jr., Peter A. Spinelli, and Carol A. Hickey, Trustees of Moulton Realty Trust (“Prior Landlord”), as landlord, and Ontogeny, Inc., as tenant, as amended by: 

  

	 	•	 	First Amendment to Lease effective as of October 30, 1997; 

  

	 	•	 	Second Amendment to Lease effective as of October 22, 1998; and 

  

	 	•	 	Third Amendment to Lease effective as of June 1, 1999. 

  

	 	1.2	 	Tenant is presently leasing the building known as 61 Moulton Street, Cambridge, Massachusetts (“2001 Premises”) pursuant to a lease (“2001 Lease”) dated as of
March 15, 2001 by and between Prior Landlord and Tenant. 

  

	 	1.3	 	Tenant is presently leasing 1,526 rentable square feet on the street level of the building known as 25 Moulton Street as well as additional space in the basement of 25 Moulton
Street, Cambridge, Massachusetts (“2002 Premises”) pursuant to an Amendment to Leases dated August 9, 2002 by and between Landlord and Tenant. The Amendment to Leases amended both the 1995 Lease and the 2001 Lease.

  

	 	1.4	 	The 1995 Lease and the 2001 Lease, as previously amended, are sometimes collectively hereinafter referred to as the “Leases”, and any premises demised to Tenant pursuant
to the Leases, from time to time, are sometimes collectively hereinafter referred to as the “Premises.” 

  

	 	1.5	 	The expiration date of the term of both Leases with respect to all of the Premises demised to Tenant under both Leases is presently April 30, 2007. 

  
 NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto hereby agree that the Leases are further amended as follows: 
  

	2.	 	TERMINATION OF TERM OF 1995 LEASE WITH RESPECT TO THE 2002 PREMISES 

  
 The term of the 1995 Lease in respect of the 2002 Premises is hereby terminated effective as of April 30, 2006. Tenant shall have no right to extend the
term of the 1995 Lease in respect of the 2002 Premises beyond April 30, 2006. Annual base rent and other charges payable in respect of the 2002 Premises shall be apportioned as of April 30, 2006. Tenant shall, on or before April 30, 2006, vacate and
deliver the 2002 Premises to Landlord in the condition in which Tenant is required, pursuant to the 1995 Lease, as amended (including, without limitation, Section VI(k) of the 1995 Lease) to deliver the Premises to Landlord upon the expiration or
prior termination of the term of the 1995 Lease. Without limiting the foregoing, Tenant shall remove all business equipment and personal property from the 2002 Premises, and Tenant shall have no right to remove from the 2002 Premises any
alterations, fixtures or equipment which is affixed in any manner to the 2002 Premises. 
  

	3.	 	TERMINATION OF TERM OF 2001 LEASE 

  
 The term of the 2001 Lease shall terminate effective as of April 30, 2007. Tenant shall have no right to extend the term of the 2001 Lease beyond April
30, 2007. Annual base rent and other charges payable in respect of the 2001 Premises shall be apportioned as of April 30, 2007. Tenant shall, on or before April 30, 2007, vacate and deliver the 2001 Premises to Landlord in the condition in which
Tenant is required, pursuant to the 2001 Lease, as amended (including, without limitation, Section VI(l) of the 2001 Lease and Section 7.3 of the Amendment of Leases) to deliver the Premises to Landlord upon the expiration or prior termination of
the term of the 2001 Lease. Without limiting the foregoing, Tenant shall remove all business equipment and personal property from the 2001 Premises, and Tenant shall have no right to remove from the 2001 Premises any alterations, fixtures or
equipment which is affixed in any manner to the 2001 Premises. 
  

 1 

	4.	 	EXTENSION OF TERM OF 1995 LEASE IN RESPECT OF 1995 PREMISES 

  
 The term of the 1995 Lease in respect of the 1995 Premises is hereby extended for an additional period commencing as of May 1, 2007 and expiring as of
December 31, 2010. Said additional term shall be upon all of the same terms and conditions of the 1995 Lease applicable to the 1995 Premises immediately preceding the commencement of such additional term, except that the Annual Base Rent during such
additional term shall be as set forth in Section 5 below, and except to the extent inconsistent with the provisions of this Second Amendment to Lease. 
  

	5.	 	annual base RENT PAYABLE IN RESPECT OF 1995 PREMISES 

  
 Effective as of March 1, 2006 and continuing through the balance of the term of the 1995 Lease, as extended pursuant to Section 4 above (i.e. through
December 31, 2010), the Annual Base Rent payable in respect of the 1995 Premises shall be based upon Twenty-Seven ($27.00) Dollars per rentable square foot of the 1995 Premises. 
  

	6.	 	TENANT’S EXTENSION OPTIONS UNDER THE 1995 LEASE 

  
 Section III(b) of the 1995 Lease, as amended by Section 6.1 of the Amendment of Leases, is hereby deleted in its entirety and the following is substituted
in its place: 
  
 “Tenant’s Extension Option.
The first paragraph of Section III(b) of the 1995 Lease is hereby deleted in its entirety and the following is substituted in its place: 
  
 On the conditions (which conditions Landlord may, at its election, waive by written notice to Tenant at any time), that: (i) no Termination Event, as
defined in Section 4.3 of the Amendment of Leases, has occurred prior to the commencement of the Additional Term in question, (ii) both at the time that Tenant gives Landlord written notice exercising its extension option under this Section 6, and
as of the commencement of the Additional Term in question, Tenant is not in default of its obligations under the 1995 Lease, and (iii) both at the time that Tenant gives Landlord written notice exercising its extension option under this Section 6,
and as of the commencement of the Additional Term in question, the 1995 Lease is in full force and effect, Tenant shall have the right to extend the term of the 1995 Lease with respect to the 1995 Premises for two additional terms of three (3) years
each (each an “Additional Term”), the first such Additional Term commencing as of January 1, 2011 and expiring as of December 31, 2013, and the second such Additional Term commencing as of January 1, 2014 and expiring as of December 31,
2016. Tenant may exercise its right to extend the term of the 1995 Lease for the first Additional Term by giving written notice to Landlord on or before January 1, 2010, and, provided that Tenant has exercised its right to extend the term of the
Lease for the second Additional Term by giving written notice to Landlord on or before January 1, 2013. Each such Additional Term shall be upon all of the same terms and conditions of the 1995 Lease applicable to the 1995 Premises which are in
effect immediately preceding the commencement of such Additional Term, except that: 
  
 (1) The Annual Base Rent payable with respect to the 1995 Premises during the first Additional Term Premises shall be based upon Thirty
($30.00) Dollars per rentable square foot of the 1995 Premises, and the Annual Base Rent payable with respect to the 1995 Premises during the second Additional Term shall be Premises shall be based upon Thirty-Three ($33.00) Dollars per rentable
square foot of the 1995 Premises; and 
  
 (2) Tenant shall have no further right to extend the term of the 1995 Lease other than the two (2) three year Additional Terms provided for in this Section 6. 
  

 2 

	7.	 	CONSTRUCTION OF ANIMAL LAB IN 1995 PREMISES 

  
 Tenant acknowledges that, as a condition to the execution of this Second Amendment, Tenant is required to improve the 1995 Premises by constructing an
animal lab (“Animal Lab”) in the 1995 Premises. Therefore: 
  
 7.1 Tenant shall, at Tenant’s sole cost and expense, perform the work (“Tenant’s Work”) necessary to construct the Animal Lab in the 1995 Premises substantially in accordance with the draft plans and specifications
referenced on Exhibit A attached hereto (“Draft Plans and Specifications”) using a reputable contractor who is experienced in constructing facilities similar to the Animal Lab. Landlord acknowledges that it has approved the Draft Plans and
Specifications. Any material modification to Tenant’s Work shall be approved by Landlord (which approval shall not be unreasonably withheld or delayed). All alterations and installations shown on the Draft Plans and Specifications, other than
the Removable Property, as hereinafter defined, shall become the property of Landlord and, notwithstanding anything to the contrary in the 1995 Lease contained, Tenant shall have no right or obligation to remove any of such alterations or
installations from the 1995 Premises. The “Removable Property” shall be defined as all mouse and rat racks, as well as all other movable equipment (i.e. equipment which is not affixed to the Premises in any manner). All of Tenant’s
Work shall be performed in a first-class and workmanlike manner and in compliance with all applicable laws, ordinances and regulations. Tenant shall procure all necessary permits and approvals prior to commencing Tenant’s Work. 
  
 7.2 Tenant shall pay to Landlord, as additional rent, the entire increase in
real estate taxes on the Premises which shall result from or be attributable to Tenant’s Work. Tenant shall pay such rent, from time to time, within thirty (30) days of billing therefore. Landlord shall, upon written request of Tenant, provide
reasonable evidence (e.g. from the records of the tax assessing authority) supporting any billing of Tenant pursuant to this Section 7.2. 
  
 7.3 Tenant shall pay to Landlord, as additional rent, the entire increase in insurance premiums on the Premises which shall result from or be attributable
to Tenant’s Work. Tenant shall pay such rent, from time to time, within thirty (30) days of billing therefore. Landlord shall, upon written request of Tenant, provide reasonable evidence (e.g. from Landlord’s insurance) supporting any
billing of Tenant pursuant to this Section 7.3. 
  
 7.4 Upon
completion of Tenant’s Work, Tenant shall deliver to Landlord “as-built” plans showing Tenant’s Work and the condition of the 1995 Premises. 
  

7.5 Tenant shall cause Tenant’s contractors and subcontractors to work in harmony with each other and all other labor engaged at the Premises and
the other real estate owned by Landlord in the vicinity of the Premises. 
  
 7.6 In no event shall any portion of Tenant’s Work, other than the Removable Property, be subject to any lien, security interest, charge, mortgage or other encumbrance of any kind whatsoever. 
  
 7.7 Any mechanic’s lien filed against the Premises for work claimed to
have been done for, or materials claimed to have been furnished to, Tenant shall be discharged by Tenant within fifteen (15) days thereafter, at Tenant’s expense, by filing the bond required by law or otherwise. If Tenant fails so to discharge
any lien, Landlord may do so at Tenant’s expense and Tenant shall reimburse Landlord for any expense or cost incurred by Landlord in so doing within fifteen (15) days after rendition of a bill therefor. Tenant shall indemnify, defend and hold
Landlord harmless from and against all loss, cost, or damage (including, without limitation, reasonable attorneys fees) arising from any breach by Tenant of its obligations under this Section 7.7. 
  
 7.8 Tenant shall cause contractors employed by Tenant in performing
Tenant’s Work to carry Worker’s Compensation Insurance in accordance with statutory requirements, Automobile Liability Insurance and, naming Landlord and Landlord’s managing agent as additional insured parties, Commercial General
Liability Insurance covering such contractors on or about the Premises and the other real estate owned by Landlord in the vicinity of the Premises with a single limit of not less than the applicable Liability Insurance Limit, as hereinafter defined.
The “Liability Insurance Limit” for the general contractor performing Tenant’s Work shall be $5,000,000.00, and the “Liability Insurance Limit” for all other contractors performing any portion of Tenant’s Work shall be
$2,000,000. Such insurance may be effected with a combination of a base commercial general liability insurance policy and umbrella insurance. Tenant shall, prior to commencing Tenant’s Work, submit reasonable evidence of such coverage to
Landlord. 
  
 7.11 Subject to Section IX(f) of 1995 Lease and to
Section IX(e) of the 2001 Lease, Tenant shall indemnify, defend, and hold Landlord and Landlord’s managing agent from all injury, loss, cost or damage (including without limitation, reasonable attorneys fees) asserted by or on behalf of any
third party based upon injuries to persons or damage to property arising from Tenant’s Work to the extent caused by the negligence or willful misconduct of Tenant or Tenant’s agents, employees or contractors. 
  

 3 

 7.12 If, for any reason, Tenant does not substantially complete the Animal Lab on or before the Outside
Completion Date, then Sections 2, 3, 4, 5, and 6 of this Second Amendment to Leases, and the first sentence of Section 7.1 of this Second Amendment to Leases shall be void and without further force or effect. The “Outside Completion Date”
shall be defined as June 1, 2005. Notwithstanding the foregoing, the Outside Completion Date shall be extended by the length of any delays in the performance of Tenant’s Work to the extent arising from causes beyond Tenant’s reasonable
control; provided however, that in no event shall the Outside Completion Date be later than October 1, 2005. 
  

	8.	 	ASSIGNMENT AND SUBLETTING 

  
 In addition to Tenant’s right to assign its interest in the Leases and to sublease the whole or any part of the Premises demised under both of the
Leases pursuant to Section VI(i) of the 1995 Lease and pursuant to Section VI(j) of the 2001 Lease, respectively: 
  
 8.1 Tenant shall have the right, without obtaining Landlord’s consent, to assign its interest in either Lease and to sublease the Premises demised
under either Lease, or any portion thereof, to an Affiliated Entity, as hereinafter defined, so long as such entity remains in such relationship to Tenant, and provided that prior to or simultaneously with any such assignment, such Affiliated Entity
executes and delivers to Landlord an Assumption Agreement, as hereinafter defined. For the purposes hereof, an “Affiliated Entity” shall be defined as any entity which is controlled by, is under common control with, or which controls
Tenant. For the purposes hereof, control shall mean the direct or indirect ownership of fifty (50%) percent or more of the beneficial interest of the entity in question. No such assignment or sublease shall relieve Tenant from its primary obligation
as party-Tenant under the Leases. 
  
 8.2 Tenant shall have the
right, without obtaining Landlord’s consent, to assign its interest in either Lease to a Permitted Tenant Successor, as hereinafter defined, so long as immediately following such assignment, the Permitted Tenant Successor has a net worth, as
evidenced by financial statements prepared in accordance with generally accepted accounting principles in the United States from an independent certified public accounting firm reasonably acceptable to Landlord, which is at least equal to the net
worth of Tenant immediately preceding such assignment, and provided that prior to or simultaneously with such assignment, such Permitted Tenant Successor executes and delivers to Landlord an Assumption Agreement, as hereinafter defined.
Notwithstanding the foregoing, in the event of a statutory merger or other form of transaction where the original tenant no longer continues to exist after such transaction and the Permitted Tenant Successor is deemed, as a matter of law, to have
assumed all of Tenant’s obligations under the Lease, Tenant may deliver to Landlord reasonable evidence that such transaction has occurred in lieu of delivering an Assumption Agreement to Landlord. For the purposes hereof, a “Permitted
Tenant Successor” shall be defined as any entity which succeeds to Tenant’s business by merger, consolidation or other form of corporate reorganization. No such assignment shall relieve Tenant from its primary obligations as party-Tenant
under the Leases. 
  
 8.3 An “Assumption Agreement”
shall be defined as an agreement in form and substance reasonably satisfactory to Landlord whereby the assignor agrees that it is not released from the obligations of the Tenant under the Lease, and the assignee agrees that: (i) it will be
independently bound by and upon all the covenants, agreements, terms, provisions and conditions set forth in the assigned Lease on the part of Tenant to be performed, and (ii) the provisions of the Lease restricting Tenant’s right to sublease
or assign shall, notwithstanding such assignment or transfer, continue to be binding upon it with respect to all future assignments and transfers. 
  

	9.	 	LANDLORD INDEMNITY OF TENANT 

  
 Landlord, subject to the limitations on Landlord’s liability contained in the Leases (including, without limitation, Section IX(f) of 1995 Lease and
to Section IX(e) of the 2001 Lease, agrees to hold Tenant harmless and to defend, exonerate and indemnify Tenant from and against any and all claims, liabilities, or penalties asserted by or on behalf of any third party for damage to property or
injuries to persons sustained or occurring on the Premises and the other real estate owned by Landlord in the vicinity of the Premises to the extent arising from the negligence or willful misconduct of Landlord or Landlord’s agents, employees
or contractors. 
  

 4 

	10.	 	BROKER 

  
 10.1 Tenant warrants and represents that Tenant has not dealt with any broker in connection with the consummation of this Second Amendment other than
Richards, Barry Joyce & Partners (the “Broker”), and in the event any claim is made against the Landlord relative to Tenant’s dealings with brokers other than the Broker, Tenant shall defend the claim against Landlord with counsel
of Tenant’s selection, subject to Landlord’s reasonable approval, and save harmless and indemnify Landlord on account of loss, cost or damage which may arise by reason of such claim. 
  
 10.2 Landlord warrants and represents that Landlord has not dealt with any
broker in connection with the consummation of this Second Amendment other than the Broker, and in the event any claim is made against the Tenant relative to Landlord’s dealings with brokers other than the Broker, Landlord shall defend the claim
against Tenant with counsel of Landlord’s selection, subject to Tenant’s reasonable approval, and save harmless and indemnify Tenant on account of loss, cost or damage which may arise by reason of such claim. 
  
 10.3 Landlord agrees that it shall be solely responsible for the payment of
brokerage commissions to the Broker. 
  

	11.	 	LANDLORD DEFAULT 

  
 11.1 Tenant Self-Help Rights.    If a Landlord Default, as hereinafter defined, shall occur, Tenant may, without being
under any obligation to do so, cure such Landlord Default for the account of and at the expense of Landlord, if Landlord fails to cure such Landlord Default within thirty (30) days after notice in writing of such breach or default has been given by
Tenant to Landlord (or, if the nature of such breach or default is such that it cannot be remedied within such thirty (30) day period, if the Landlord has failed to commence remedial action within said thirty (30) days and thereafter continued such
action with due diligence). Landlord shall, within thirty (30) days of demand therefor, reimburse Tenant the reasonable costs incurred by Tenant in so curing such Landlord Default. If Landlord fails to reimburse Tenant such amounts within such
thirty (30) day period, Tenant shall have the right to deduct the reasonable costs incurred by Tenant in so curing such Landlord Default from the Annual Base Rent due under the Leases; provided however, that in no event shall the amount deducted by
Tenant with respect to any monthly installment of Annual Base Rent under the Leases exceed more than ten (10%) percent of the amount of such monthly installment. For the purposes of this Section 11.1, a “Landlord Default” shall be defined
as a failure by Landlord to perform any of Landlord’s service, maintenance or repair obligations under the Leases, excluding those maintenance and repair obligations, the cure or performance of which would adversely affect any other tenant
occupying premises in the buildings in which the Premises are located or would adversely affect any tenant occupying premises in any other buildings in the real estate owned by Landlord which is in the vicinity of the Premises. 
  
 11.2 Tenant Termination
Right.    Notwithstanding anything to the contrary in the Leases contained, if due to (i) Landlord’s failure to make any repairs, alterations or improvements required to be made by Landlord under the Leases, or (ii)
any interruption in essential services which Landlord is required to provide to Tenant under the Leases, any material portion of the Premises becomes untenantable for a period (“Untenantability Period”) of ninety (90) days after
Landlord’s receipt of written notice (“Untenantability Condition Notice”) of such condition from Tenant (subject, however, to Section 11.3 below), then, provided that Tenant ceases to use the affected portion of the Premises during
the entire period of such untenantability, such untenantability and Landlord’s inability to cure such condition is not caused by a cause beyond Landlord’s reasonable control or the fault or neglect of Tenant, or Tenant’s agents,
employees or contractors, then Tenant may terminate this Lease by giving Landlord written notice as follows: 
  

	 	(a)	 	Said notice shall be given after the expiration of the Untenantability Period. 

  

	 	(b)	 	Said notice shall set forth an effective date which is not earlier than ten (10) days after Landlord receives said notice. 

  

 5 

	 	(c)	 	If said condition is remedied on or before said effective date, said notice shall have no further force and effect. 

  

	 	(d)	 	If said condition is not remedied on or before said effective date for any reason other then Tenant’s fault, as aforesaid, the Lease shall terminate as of said effective date,
and the Annual Base Rent and other charges due under the Leases shall be apportioned as of said effective date. 

  
 11.3 Interaction of Tenant’s Self-Help Right and Tenant’s Termination Right.    Notwithstanding the foregoing,
if Tenant exercises its self-help rights pursuant to Section 11.1 with respect to any Landlord Default, then, for the purposes of Section 11.2, the Untenantability Period for the condition arising from such Landlord Default shall commence as of the
later of: (i) the date Landlord receives the Untenantability Condition Notice for such condition, or (ii) the date that Landlord receives written notice from Tenant that it has elected to abandon its attempt to cure such Landlord Default.

  
 11.4 Landlord Default. 
  

	(a)	 	Landlord shall not be deemed to be in default of its obligations under either of the Leases unless Tenant has given Landlord written notice of such default, and Landlord has
failed to cure said default within thirty (30) days after Landlord receives such notice or such longer period of time as Landlord may reasonably require to cure such default; provided however, that the provisions of this Section 11.4(a) shall not
affect or delay Tenant’s rights under Sections 11.1, 11.2, or 11.3 above. 

  

	(b)	 	Except as otherwise expressly provided in the Leases, as amended by this Second Amendment to Leases, in no event shall Tenant have the right to terminate either Lease nor shall
Tenant’s obligation to pay Annual Base Rent or other charges under either Lease abate based upon any default by Landlord of its obligations under either of the Leases. 

  

 6 

 12. As hereby amended, both the 1995 Lease and the 2001 Lease are ratified, confirmed and approved in all respects.

  

							
	 	 	 EXECUTED UNDER SEAL as of the date first above written.
	  	 
			
	 	 	 LANDLORD:
	  	 
	 	 	 FRESH POND RESEARCH PARK TRUST
	  	 
	 	 	 By FPRP Moulton LLC, Trustee
	  	 
				
	 	 	 By
	 	         /s/    ROBERT WOLFF, Managing
Member

	  	 
	 	 	 	 	           (Name) (Title)
	  	 
	 	 	 	 	           Hereunto Duly Authorized
	  	 
			
	 	 	 TENANT:
	  	 
	 	 	CURIS, INC.	  	 

							
				
	 	 	 By
	 	         /s/    MICHAEL P. GRAY, Vice
President, Finance and Chief Financial Officer

	  	 
	 	 	 	 	           (Name) (Title)
	  	 
	 	 	 	 	           Hereunto Duly Authorized
	  	 

  

 7 

 EXHIBIT A 
 DRAFT PLANS AND SPECIFICATIONS FOR ANIMAL LAB 
  
 Prepared by Perkins and Will dated 8/13/04 
  

 8FORM OF INCENTIVE STOCK OPTION AGREEMENT

 EXHIBIT 10.2 
  
 CURIS, INC. 
  
 Incentive Stock Option Agreement 
 Granted Under
2000 Stock Incentive Plan 
  
 This Incentive Stock Option Agreement certifies
that, pursuant to the Curis, Inc. 2000 Stock Incentive Plan (the “Plan”), the Board has granted an option to purchase shares of Common Stock of Curis, Inc., as stated below. Capitalized terms used herein and not defined shall have the
meanings ascribed to such terms in the Plan. 
  

			
	Summary of Terms:	  	 
		
	Participant:	  	[Employee Name]
		
	Participant’s address:	  	[Employee Address]
		
	Tax Identification No.:	  	[Employee Social Security #]
		
	Shares:	  	                         shares of Common Stock
		
	Per Share Exercise Price:	  	$             per share
		
	Vesting Date:	  	                                      
  
		
	Grant Date:	  	                                      
  
		
	Expiration Date:	  	                                      
  
		
	Summary Vesting Schedule:	  	See Section 2(a) for details.

  

			
	CURIS, INC.	 	      Date:
                                     
 
		
	By:                                      
                         	 	 
		
	[                    ], Vice President	 	 

  
 The undersigned hereby accepts the
foregoing option and agrees to the terms and conditions thereof. The undersigned hereby acknowledges receipt of a copy of the Company’s 2000 Stock Incentive Plan. 
  

					
	Date:
                                        
      	 	                                      
                                        
                               
	 	 	 	 	 [Employee Name and Address]

  

 1 

 Terms and Conditions of Incentive Stock Option Agreement 
  
 1. Grant of Option. 
  
 This agreement evidences the grant by Curis, Inc., a Delaware corporation
(the “Company”), on the Grant Date to the Participant, an employee of the Company, of an option to purchase, in whole or in part, on the terms provided herein and in the Company’s 2000 Stock Incentive Plan (the “Plan”), the
Shares of common stock, $0.01 par value per share, of the Company (“Common Stock”) at the Per Share Exercise Price. Unless earlier terminated, this option shall expire on the Expiration Date (or the “Final Exercise Date”).

  
 It is intended that the option evidenced by this agreement
shall be an incentive stock option as defined in Section 422 of the Internal Revenue Code of 1986, as amended and any regulations promulgated thereunder (the “Code”). Except as otherwise indicated by the context, the term
“Participant”, as used in this option, shall be deemed to include any person who acquires the right to exercise this option validly under its terms. 
  

2. Vesting Schedule. 
  
 This option will vest as follows: [            ]. The shares subject to the portion of this
option that is not yet exercisable are referred to herein as “Unvested Shares,” and the shares subject to the portion of this option that has become exercisable are referred to herein as “Vested Shares.” The right of exercise
shall be cumulative so that to the extent the option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all shares for which it is vested until the earlier of
the Final Exercise Date or the termination of this option under Section 3 hereof or the Plan. 
  

 2 

 3. Exercise of Option. 
  

	 	a.	 	Form of Exercise. Each election to exercise this option shall be in writing, signed by the Participant or by any other form of notice (including electronic), and received by the
Company at its principal office, accompanied by this agreement, and payment in full in the manner provided in the Plan, including, without limitation, the manner provided in Section 5(f)(4) of the Plan, or as otherwise authorized by the Company. In
the event that the Participant elects to pay for Shares by delivery of a promissory note, such note will be fully-recourse to the Participant and otherwise on such terms and conditions as the Board may determine. The Participant may purchase less
than the number of shares covered hereby, provided that no partial exercise of this option may be for any fractional share or for fewer than ten whole shares. 

  

	 	b.	 	Continuous Relationship with the Company Required. Except as otherwise provided in this Section 3, this option may not be exercised unless the Participant, at the time he or she
exercises this option, is, and has been at all times since the Grant Date, an employee or officer of the Company or any parent or subsidiary of the Company as defined in Section 424(e) or (f) of the Code (an “Eligible Participant”).

  

	 	c.	 	Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraphs (d) and (e) below, the
right to exercise this option shall terminate three months after such cessation (but in no event after the Final Exercise Date), provided that this option shall be exercisable only to the extent that the Participant was entitled to exercise this
option on the date of such cessation. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Date, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure
agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon written notice to the Participant from the Company describing such violation. 

  

	 	d.	 	Exercise Period Upon Death or Disability. If the Participant dies or becomes disabled (within the meaning of Section 22(e)(3) of the Code) prior to the Final Exercise Date while he
or she is an Eligible Participant and the Company has not terminated such relationship for “cause” as specified in paragraph (e) below, this option shall be exercisable, within the period of one year following the date of death or
disability of the Participant, by the Participant, provided that this option shall be exercisable only to the extent that this option was exercisable by the Participant on the date of his or her death or disability, and further provided that this
option shall not be exercisable after the Final Exercise Date. 

  

	 	e.	 	Discharge for Cause. If the Participant, prior to the Final Exercise Date, is discharged by the Company for “cause” (as defined below), the right to exercise this option
shall terminate immediately upon the effective date of such discharge. “Cause” shall mean willful misconduct by the Participant or willful failure by the Participant to perform his or her responsibilities to the Company (including, without
limitation, breach by the Participant of any provision of any employment, consulting, advisory, nondisclosure, non-competition or other similar agreement between the Participant and the Company), as determined by the Company, which determination
shall be conclusive. The Participant shall be considered to have been discharged for “Cause” if the Company determines, within 30 days after the Participant’s resignation, that discharge for cause was warranted.

  
 4. Nontransferability of Option. 
  
 Except as provided in Section 3(d), this option is personal and no rights
granted hereunder may be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) nor shall any such rights be subject to execution, attachment or similar process. Upon any attempt to transfer, assign,
pledge, hypothecate or otherwise dispose of this option or of such rights contrary to the provisions hereof, or upon the levy of any attachment or similar process upon this option or such rights, this option and such rights shall, at the election of
the Company, become null and void. 
  

 3 

 5. Delivery of Shares; Compliance With Security Laws, Etc. 
  

	 	a.	 	General. The Company shall, upon payment of the option price for the number of shares purchased and paid for, make prompt delivery of such shares to the Participant, provided that
if any law or regulation requires the Company to take any action with respect to such shares before the issuance thereof, then the date of delivery of such shares shall be extended for the period necessary to complete such action.

  

	 	b.	 	Listing, Qualification, Etc. This option shall be subject to the requirement that if, at any time, counsel to the Company shall determine that the listing, registration or
qualification of the shares subject hereto upon any securities exchange or under any state or federal law, or the consent or approval of any governmental or regulatory body, or that the disclosure of non-public information or the satisfaction of any
other condition is necessary as a condition of, or in connection with, the issuance or purchase of shares hereunder, this option may not be exercised, in whole or in part, unless such listing, registration, qualification, consent or approval,
disclosure or satisfaction of such other condition shall have been effected or obtained on terms acceptable to the Board. Nothing herein shall be deemed to require the Company to apply for, effect or obtain such listing, registration, qualification,
or disclosure, or to satisfy such other condition. 

  
 6. Withholding. 
  
 No Shares will be issued pursuant to
the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option.
The Company may, to the extent permitted by law, deduct any such required tax obligations from any payment of any kind otherwise due to the Participant. 
  
 7. Disqualifying Disposition. 
  
 If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were
acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition. 
  
 8. Provisions of the Plan. 
  
 This option is subject to the provisions of the Plan, a copy of which is furnished to the Participant with this option. 
  
 9. Adjustment Provisions. 
  

	 	a.	 	General. If, through, or as a result of, any merger, consolidation, sale of all or substantially all of the assets of the Company, reorganization, recapitalization,
reclassification, stock dividend, stock split, reverse stock split or other similar transaction, (i) the outstanding shares of Common Stock are increased or decreased or are exchanged for a different number or kind of shares or other securities of
the Company, or (ii) additional shares or new or different shares or other securities of the Company or other non-cash assets are distributed with respect to such shares of Common Stock or other securities, the Participant shall, with respect to
this option or any unexercised portion hereof, be entitled to the rights and benefits, and be subject to the limitations, set forth in Section 8 of the Plan. 

  

	 	b.	 	Board Authority to Make Adjustments. Any adjustments under this Section 9 will be made by the Board, whose determination as to what adjustments, if any, will be made and the extent
thereof will be final, binding and conclusive. No fractional shares will be issued pursuant to this option on account of any such adjustments. 

  

	 	c.	 	Limits on Adjustments. No adjustment shall be made under this Section 9 which would, within the meaning of any applicable provision of the Code, constitute a modification, extension
or renewal of this option or a grant of additional benefits to the Participant. 

  
 10. No Special Employment Rights. 
  
 Nothing contained in the Plan or this option shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Participant for the period within which this option may be exercised.

  

 4 

 11. Rights as a Shareholder. 
  
 The Participant shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this
option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Participant. No adjustment
shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued. 
  
 12. Notices.  Any notice required or permitted hereunder shall be given in writing and shall be deemed effectively given upon personal delivery
or upon deposit in the United States Post Office, by registered or certified mail with postage and fees prepaid, addressed to the other party at the following addresses, or such other addresses as a party may designate by ten days’ advance
written notice to the other party hereto: 
  

							
	 	 	Participant:	  	At the address shown on the first page.
				
	 	 	 Company:
	  	Curis, Inc.	  	 
	 	 	 	  	61 Moulton Street	  	 
	 	 	 	  	Cambridge, MA 02138	  	 
	 	 	 	  	Attention:             Michael P. Gray
	 	 	 	  	 Vice President, Finance and CFO

  
 13. Miscellaneous.

  

	 	a.	 	Except as provided herein, this option may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Participant. 

 

	 	b.	 	This option shall be governed by and construed in accordance with the laws of the State of Delaware. 

  

 5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00073-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00073-of-00352.parquet"}]]