Document:

Description of Non-Employee Director Compensation Policy amended Nov 14, 2011

 Exhibit 10.19 

Description of Non-Employee Director Compensation Policy, as amended as of November 14, 2011 

Fees. Pursuant to the Non-Employee Director Compensation Policy (the “Policy”), non-employee members of the Board of
Directors (the “Board”) of OraSure Technologies, Inc. (the “Company”) receive fixed annual fees for service on the Board and for service on Committees of the Board, as set forth below. The fees are payable quarterly in arrears.

  

					
	 Position
	  	Annual Fee	 
	 Board Chairman
	  	$	60,000	  
	 Non-Chairman Board Member
	  	$	40,000	  
	 Audit Chairman
	  	$	18,000	  
	 Compensation Chairman
	  	$	15,000	  
	 N&CG Chairman
	  	$	8,000	  
	 Non-Chairman Audit Member
	  	$	8,000	  
	 Non-Chairman Compensation Member
	  	$	6,000	  
	 Non-Chairman N&CG Member
	  	$	4,000	  

 Initial Equity Awards. Non-employee Directors receive an initial grant of 40,000 stock options for
the Company’s Common Stock upon joining the Board (the “Initial Grant”). An additional grant of 40,000 stock options is also made to any non-employee Director who becomes Chairman of the Board (the “Chairman Grant”). The
options granted to non-employee Directors are nonqualified stock options and have an exercise price equal to the mean between the high and low sales prices of the Company’s Common Stock as quoted on the NASDAQ Stock Market on the grant date.
Each Initial Grant and Chairman Grant generally vest on a monthly basis over the 24 months immediately following the grant date. Payment of the exercise price may be made in cash or by delivery of previously acquired shares of Common Stock having a
fair market value equal to the aggregate exercise price. 
 Annual Equity Awards. During 2011, each non-employee Director
received an annual grant of 15,000 restricted shares (the “Annual Grant”) of the Company’s Common Stock, except for the Chairman of the Board, who received an Annual Grant of 25,000 restricted shares. Consistent with past practice,
these Annual Grants were made on the annual equity grant date for officers and other employees of the Company. In November 2011, the Board amended the Policy to change both the method of determining and the timing of Annual Grants to non-employee
Directors. The method was changed from an annual award of a fixed number of restricted shares to a value-based award method, with the value determined by the Board based on advice from an independent compensation consultant engaged by the
Board’s Compensation Committee and an assessment of director equity awards made at comparable diagnostics and healthcare companies. The Board also changed the timing of Annual Grants to occur at the same time as the Company’s Annual
Meeting of Stockholders, beginning with the Annual Grants to be made in 2013. In order to transition to this new timing, the Board determined that for 2012 a value-based Annual Grant of restricted shares (the “2012 Transitional Grant”)
would be made to non-employee Directors on the annual equity award date for the Company’s officers and employees during 2012. 
 Under the amended Policy, as described above, Annual Grants of restricted shares have been or will be made pursuant to the values set forth in the following table: 

 

									
	 Board Position
	  	2012 Transitional Grant	 	  	Annual Grants For 2013 and Beyond	 
	 Chairman
	  	$	150,000	  	  	$	120,000	  
	 Non-Chairman Director
	  	$	100,000	  	  	$	80,000	  

 The dollar value of each Annual Grant is converted into restricted shares by dividing the above values by
the average of the high and low sales prices of the Company’s Common Stock, as reported on the NASDAQ Stock Market on the grant date. Annual Grants of restricted stock generally vest on the date that is twelve months from the date of grant,
except that the 2012 Transitional Grants vest on the date of the Company’s 2013 Annual Meeting of Stockholders. Non-employee Directors are permitted to direct the Company to withhold restricted shares in order to pay tax withholding obligations
arising upon the vesting of such shares. 

 Other Terms of Director Equity Awards. The Board and/or Compensation Committee retain
the discretion to make equity awards that are different than as described above. In particular, the Board and/or Compensation Committee may adjust the number of shares awarded to an individual Director or to all Directors as a group, as deemed
necessary or appropriate, in light of market or other conditions or if deemed necessary to meet burn rate limits, dilution or overhang targets or other restrictions set forth in applicable corporate governance or proxy advisory firm guidance.

 Any unvested stock options and restricted shares granted to non-employee Directors will vest in their entirety immediately
upon the occurrence of a “change of control” of the Company. As defined in the Company’s Stock Award Plan, a change of control means a change of control that would be required to be reported under the Securities Exchange Act of 1934,
as amended, and would be deemed to have occurred at such time as (i) any person, or more than one person acting as a group within the meaning of Section 409A of the Internal Revenue Code (the “Code”), acquires ownership of stock
of the Company that, together with stock held by such person or group, constitutes more than 50 percent of the total fair market value or total voting power of the stock of the Company; (ii) any person, or more than one person acting as a group
within the meaning of Section 409A of the Code, acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition) ownership of stock of the Company possessing 30 percent or more of the total voting power of
the Company’s stock; (iii) a majority of the members of the Board is replaced during any 12-month period by directors whose appointment or election is not endorsed by a majority of the members of the Board before the date of the
appointment or election; or (iv) a person, or more than one person acting as a group within the meaning of Section 409A of the Code, acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition)
assets from the Company that have a total gross fair market value equal to or more than 40 percent of the total gross fair market value of all the assets of the Company immediately before such acquisition or acquisitions. In addition, if a
non-employee Director leaves the Board for any reason other than a change of control, prior to the end of the vesting period for the 2012 Transitional Grant or any Annual Grant of restricted shares, such award shall immediately vest on a pro-rata
basis based on the actual duration of such Director’s service to the Board during such vesting period.Form of Restricted Share Grant Agreement (Executive Officers)

 Exhibit 10.23 
 RESTRICTED SHARE GRANT AGREEMENT 
 (Executive Officers)

 This Restricted Share Grant Agreement (“Agreement”) is entered into as of [DATE] between ORASURE TECHNOLOGIES,
INC., a Delaware corporation (“OraSure” or the “Company”), and [NAME] (“Participant”). 
 The
OraSure Technologies, Inc. Stock Award Plan (the “Plan”) is administered by the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of OraSure. This Agreement evidences the Committee’s
grant of an Award of Restricted Shares to Participant under the Plan. Capitalized terms not otherwise defined in this Agreement have the meanings given in the Plan. 
 OraSure and Participant agree as follows: 
 1. Grant of Restricted Shares.
Subject to the terms and conditions of this Agreement and the Plan, OraSure shall issue to Participant [# OF SHARES] shares of OraSure common stock (the “Restricted Shares”). 

2. Terms of Restricted Shares. The Restricted Shares shall be subject to all the provisions of the Plan and to the following terms
and conditions: 
 2.1 Transfer Restrictions. Except as expressly provided in Section 2.2, none of the
Restricted Shares, or any rights under this Agreement, may be sold, assigned, transferred, pledged, encumbered, or otherwise disposed of, voluntarily or involuntarily, by Participant. The foregoing restrictions are in addition to any other
restrictions on transfer of the Restricted Shares arising under federal or state securities laws or other agreements with OraSure. Any purported sale, assignment, transfer, pledge, encumbrance, or other disposition of Restricted Shares in violation
of this Agreement shall be null and void and may and should be enjoined. 
 2.2 Vesting of Restricted Shares. The
Restricted Shares shall become Vested, and the restrictions set forth in Section 2.1 shall expire, (a) (i) on [DATE] with respect to [# OF SHARES] of the Restricted Shares, (ii) on [DATE] with respect to the next [# OF SHARES]
Restricted Shares and (iii) on [DATE] with respect to the remaining [# OF SHARES] Restricted Shares or (b) immediately as to 50% of the Restricted Shares which are not then Vested upon termination of Participant’s employment by the
Company without Cause (as defined below) or by Participant for Good Reason (as defined below), in each case during a period other than a Change of Control Period (as defined below), or (c) immediately as to all Restricted Shares which are not
then Vested upon (i) any Change of Control (as defined below) or (ii) upon termination of Participant’s employment by the Company without Cause or by Participant for Good Reason, in each case during a Change of Control Period, or
(d) immediately as to all Restricted Shares which are not then Vested upon Participant’s earlier death or Disability. When the 

  
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Restricted Shares have become Vested, OraSure shall deliver to Participant one or more share certificates evidencing the Vested Restricted Shares, without the legend described in Section 4,
and shall return the corresponding stock power or stock powers described in Section 4. The terms of this Agreement, including, but not limited to, the number of such Restricted Shares which shall become Vested in accordance with this
Section 2.2, shall be subject to adjustment pursuant to Section 14.2 of the Plan. 
 2.3 Employment
Requirement–Forfeiture. If Participant’s employment with OraSure terminates for any reason other than an event described in Section 2.2(b) or 2.2(c) or 2.2(d) at any time prior to the date the Restricted Shares become
Vested, all of the Restricted Shares that are not then Vested after giving effect (if any) to Section 2.2(b), 2.2(c) and 2.2(d) above shall be forfeited to OraSure with no payment to Participant. 

3. Rights as Stockholder. Except as expressly provided in this Agreement, Participant shall be entitled to all the rights of a
stockholder with respect to the Restricted Shares, including the right to vote the Restricted Shares and to receive cash dividends, if any, payable with respect to the Restricted Shares is subject to the restrictions described in Section 9.6 of
the Plan. Any stock dividends issued with respect to the Restricted Shares before the Restricted Shares have become Vested shall be treated as additional Restricted Shares subject to this Agreement and shall become Vested as the Restricted Shares
with respect to which such stock dividends were issued become Vested. 
 4. Share Certificates. Certificates for the
Restricted Shares shall be issued in Participant’s name and shall be held by OraSure until the Restricted Shares are Vested or forfeited as provided in this Agreement. Participant shall execute and deliver to OraSure a separate stock power in
blank with respect to each certificate for the Restricted Shares. All certificates for Restricted Shares that have not yet become Vested shall bear a legend in substantially the following form: 

THE SHARES EVIDENCED BY THIS CERTIFICATE WERE ISSUED AS RESTRICTED SHARES UNDER THE ORASURE TECHNOLOGIES, INC., STOCK
AWARD PLAN (THE “PLAN”) AND ARE SUBJECT TO RESTRICTIONS ON THEIR SALE, ASSIGNMENT, TRANSFER, PLEDGE, ENCUMBRANCE, OR OTHER DISPOSITION SET FORTH IN A RESTRICTED SHARE GRANT AGREEMENT UNDER THE PLAN. A COPY OF THE RESTRICTED SHARE GRANT
AGREEMENT MAY BE OBTAINED UPON WRITTEN REQUEST FROM ORASURE TECHNOLOGIES, INC. 
 Certificates for the Restricted Shares may
also bear any other restrictive legends required by law or any other agreement. 
 5. Federal Tax Election. Participant
agrees to promptly notify OraSure if Participant makes an election under Internal Revenue Code Section 83(b) with respect to the Restricted Shares. Participant acknowledges that such an election must be made within 30 days after the issuance of
the Restricted Shares. 

  
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 6. Withholding Taxes. Participant shall pay to OraSure, or permit OraSure to withhold
from other amounts payable to Participant, as compensation or otherwise, an amount sufficient to satisfy all federal, state, and local withholding tax requirements or tax liability with respect to the issuance or the Vesting of the Restricted
Shares. Alternatively, Participant may, by written notice to the Committee that complies with any applicable timing restrictions imposed pursuant to Rule 16b-3 under the Exchange Act, elect to satisfy all or a part of the withholding tax obligations
incident to the issuance or Vesting of the Restricted Shares by having OraSure withhold a portion of the Restricted Shares that would otherwise be issuable to Participant. Such Restricted Shares will be valued based on their Fair Market Value on the
date the tax withholding is required to be made. Any stock withholding with respect to Participant will be subject to such limitations as the Committee may impose to comply with the requirements of the Exchange Act. 

7. Other Documents. Participant agrees to furnish OraSure any documents or representations OraSure may require related to the
Restricted Shares or this Agreement to assure compliance with applicable laws and regulations. 
 8. Service Period.
Except as otherwise provided in Section 2.2, the period of service to be performed by Participant as an employee in connection with the issuance of the Restricted Shares to Participant is (i) the one (1) year period beginning on the
date of this Agreement and ending on [DATE] with respect to the Restricted Shares referred to in clause 2.2(a)(i); (ii) the two (2) year period beginning on the date of this Agreement and ending on [DATE] with respect to the Restricted
Shares referred to in clause 2.2(a)(ii); and (iii) the three (3) year period beginning on the date of this Agreement and ending on [DATE] with respect to the Restricted Shares referred to in clause 2.2(a)(iii). 

9. Certain Defined Terms. When used in this Agreement, the following terms have the meanings specified below: 

9.1 “Cause” shall have the meaning set forth in the Employment Agreement. 

9.2 “Change of Control” shall have the meaning set forth in the Employment Agreement. 

9.3 “Change of Control Period” shall have the meaning set forth in the Employment Agreement. 

9.4 “Employment Agreement” means the Employment Agreement dated as of [DATE] between the Company and Participant.

 9.5 “Good Reason” shall have the meaning set forth in the Employment Agreement. 

10. No Employment Contract. Neither the Plan nor this Agreement constitutes a contract of employment of Participant by OraSure.

 11. Notices. Any notices under this Agreement shall be in writing and shall be effective when actually delivered
personally or, if mailed, when deposited as certified mail, directed to OraSure at its principal offices, to Participant at the address maintained in OraSure’s records, or to such other address as either party may specify by notice to the other
party. 

  
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 12. Choice of Law. This Agreement shall be governed by the laws of the Commonwealth
of Pennsylvania, without regard to any contrary conflicts of laws rules. 
 13. Successorship. Subject to the
restrictions on transferability of the Restricted Shares set forth in this Agreement and the Plan, this Agreement shall be binding upon and benefit the parties, their successors and assigns. 

 

							
		 		 	ORASURE TECHNOLOGIES, INC.
				
	  
	 		 	By:	 	  

	[NAME OF EMPLOYEE]	 		 		 	
		 		 	Title:	 	  

  
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