Document:

Forms of Stock Option Grant Agreement

 Exhibit 10.2 
  

			
	[EMPLOYEE]	  	 Option Number:
                      

	[EMPLOYEE ID]	  	 Plan:
                                        

	[ADDRESS]	  	 Grant Date:
                              

 GRANT OF STOCK OPTION 
 On this      day of              (the “Grant
Date”), Amgen Inc., a Delaware corporation (the “Company”), pursuant to its Amended and Restated 1991 Equity Incentive Plan (the “Plan”), which is incorporated herein by reference, has this day granted to
you, the optionee named above, an option to purchase (Number of Shares) shares of the $.0001 par value common stock of the Company (“Common Stock”) pursuant to the terms hereof this option. This option is not intended to
qualify and will not be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (together with the regulations and other official guidance promulgated thereunder, the
“Code”). 
 The provisions of your option are as follows: 
 I.            Subject to the terms and conditions of this option, on each anniversary of the
Grant Date (each, a “Vesting Date”) the Ratable Amount (as defined below) of this option shall vest, provided that you have remained continuously and actively employed with the Company or an Affiliate of the Company (as defined in
the Plan) through each applicable Vesting Date, unless your employment has terminated due to your Voluntary Termination (as defined in paragraph IV(5)). This option may only be exercised for whole shares of Common Stock, and the Company shall be
under no obligation to issue any fractional shares of Common Stock to you. Subject to the limitations contained herein, this option shall be exercisable with respect to each installment on or after the applicable Vesting Date. Notwithstanding
anything herein to the contrary, the vesting schedule may be accelerated (by notice in writing) by the Company in its sole discretion at any time during the term of this option. In addition, vesting may be suspended by the Company in its sole
discretion during a leave of absence as provided from time to time according to Company policies and practices. For purposes of this option, the “Ratable Amount” shall mean a whole number of shares of Common Stock equal to the number of
shares of Common Stock covered by this option divided by four (4) to which fractional shares of Common Stock resulting from this calculation shall be combined into whole shares of Common Stock and added to the forgoing calculation to vest on
the Vesting Date indicated: 
  

			
	         No. Fractional
    Shares per Ratable
            Amount
	  	 Vesting Date

		
	0.25	  	One (1) whole share of Common Stock on Fourth (4th) anniversary
		
	0.50	  	One (1) whole share of Common Stock on each of Second (2nd) and Fourth (4th) anniversary
		
	0.75	  	One (1) whole share of Common Stock on each of Second (2nd), Third (3rd) and Fourth (4th) anniversary

  

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 II.            (1)        The per share exercise price of this option is $(Grant Price), being not less than the fair market value of
the Common Stock on the date of grant of this option. 
                            (2)        To the extent permitted by
applicable statutes and regulations, payment of the exercise price per share is due in full upon exercise of all or any part of each installment which has become exercisable by you by means of (i) cash or a check or (ii) any cashless
exercise procedure through the use of a brokerage arrangement approved by the Company. However, if at the time of exercise, the Company’s Common Stock is publicly traded and quoted regularly in the Wall Street Journal, payment of the
exercise price may be made by delivery of already-owned shares of Common Stock of a value equal to the exercise price of the shares of Common Stock for which this option is being exercised. The already-owned shares must have been owned by you for
the period required to avoid a charge to the Company’s reported earnings and owned free and clear of any liens, claims, encumbrances or security interests. Payment may also be made by a combination of cash and already-owned Common Stock.

 III.            Notwithstanding anything to the contrary contained herein,
this option may not be exercised unless the shares issuable upon exercise of this option are then registered under the Securities Act of 1933, as amended (the “Act”), or, if such shares are not then so registered, the Company has
determined that such exercise and issuance would be exempt from the registration requirements of the Act. 
 IV.            The term of this option commences on the date hereof and, unless sooner terminated as set forth below or in the Plan, terminates on the seventh
(7th) anniversary of the date of this option (the “Expiration Date”). This option shall terminate prior to the Expiration Date as follows: three (3) months after the termination of your employment with the Company or an
Affiliate of the Company (as defined in the Plan) for any reason or for no reason unless: 
                            (1)        such termination of your
employment is due to your Permanent and Total Disability (as defined below), in which case the option shall terminate on the earlier of the Expiration Date or five (5) years after termination of your employment and the vesting schedule of the
unvested portions of the option will be accelerated to vest, subject to your execution of a general release and waiver in a form provided by the Company, as of the day preceding such termination of your employment with respect to the option, except
that if the option was granted in the calendar year in which such termination occurs, the option will be accelerated to vest with respect to a number of shares equal to the number of shares subject to the option multiplied by a fraction, the
numerator of which is the number of complete months you remained continuously and actively employed during such calendar year, and the denominator of which is twelve (12); 
                            (2)        such
termination of your employment is due to your death, in which case the option shall terminate on the earlier of the Expiration Date or five (5) years after your death and the vesting schedule of the unvested portion of the option will be
accelerated to vest as of the day preceding your death with respect to the option, except that if the option was granted in the calendar year in which your death occurs the option will be accelerated to vest with respect to a number of shares equal
to the number of shares subject to the option multiplied by a fraction, the numerator of which is the number of complete months you remained continuously and actively employed during such calendar year, and the denominator of which is twelve (12);

                            (3)        during any part of such
three (3) month period, this option is not exercisable solely because of the condition set forth in paragraph III above, in which event this option shall not terminate until the earlier of the Expiration Date or until it shall have been
exercisable for an aggregate period of three (3) months after the termination of your employment; 
  

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                            (4)        exercise of this option
within three (3) months after termination of your employment with the Company or with an Affiliate would result in liability under Section 16(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), in
which case this option will terminate on the earliest of: (i) the tenth (10th) day after the last date upon which exercise would result in such liability; (ii) six (6) months and ten (10) days after the termination of your
employment with the Company or an Affiliate; or (iii) the Expiration Date; or 
                            (5)        such termination of your
employment is due to your voluntary termination and such voluntary termination is not the result of Permanent and Total Disability (as defined below) after you are at least sixty five (65) years of age, or after you are at least fifty-five
(55) years of age and have been an employee of the Company and/or an Affiliate of the Company for at least ten (10) consecutive years (“Voluntary Termination”), in which case this option shall terminate on the earlier of
the Expiration Date or five (5) years after termination of your employment and the unvested portions of this option will become exercisable pursuant to the vesting schedule provided in paragraph I without regard to your Voluntary Termination of
your employment prior to the Vesting Date, subject to your execution of a general release and waiver in a form provided by the Company, with respect to the option, except that if the option was granted in the calendar year in which your Voluntary
Termination occurs, the option will become exercisable pursuant to the vesting schedule provided in paragraph I only with respect to a number of shares equal to the number of shares subject to the option multiplied by a fraction, the numerator of
which is the number of complete months you remained continuously and actively employed during such calendar year, and the denominator of which is twelve (12). 
 However, in any and all circumstances and except to the extent the vesting schedule has been accelerated by the Company in its sole discretion during the term of this option or as a result of your Permanent and Total
Disability or death as provided in paragraphs IV(1) or IV(2) above, respectively, or as a result of your Voluntary Termination as provided in paragraph IV(5) above, this option may be exercised following termination of your employment only as to
that number of shares as to which it was exercisable on the date of termination of your employment under the provisions of paragraph I of this option. For purposes of this option, (i) “termination of your employment” shall mean
the last date you are either an employee of the Company or an Affiliate or engaged as a consultant or director to the Company or an Affiliate, and (ii) “Permanent and Total Disability” shall have the meaning ascribed to such
term under Section 22(e)(3) of the Code and with such permanent and total disability being certified prior to termination of your employment by (i) the Social Security Administration, (ii) the comparable governmental authority
applicable to an Affiliate of the Company, (iii) such other body having the relevant decision-making power applicable to an Affiliate of the Company, or (iv) an independent medical advisor appointed by the Company in its sole discretion,
as applicable, in any such case. 
 V.            (1)        To the extent specified above, this option may be exercised by delivering a Notice of Exercise of Stock Option
form, together with the exercise price to the Secretary of the Company, or to such other person as the Company may designate, during regular business hours, together with such additional documents as the Company may then require pursuant to
subparagraph 5(f) of the Plan. 
                            (2)        As a condition to the
issuance of shares upon the exercise of this option, the Company may require you to enter an arrangement providing for the payment by you to the Company of any tax withholding obligation of the Company arising by reason of: (a) the
exercise of this option; (b) the lapse of any substantial risk of forfeiture of which the shares are subject at the time of exercise; or (c) the disposition of shares acquired upon such exercise. 
 VI.            This option is not transferable, except by will or the laws of descent and
distribution, and is exercisable during your life only by you except as set forth below: 
  

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                            (1)        If you have named a Trust
(as defined in the Plan) as beneficiary of this option, this option may be exercised by the Trust after your death; and 
                            (2)        All or a portion of this
option may be transferred to an Alternate Payee (as defined in the Plan) if required by the terms of a QDRO (as defined in the Plan), as further described in Section 13 of the Plan. 
 VII.            This option is not an employment or service contract and nothing in this
option shall be deemed to create in any way whatsoever any obligation on your part to continue in the employ or service of the Company, or of the Company to continue your employment or service with the Company. 
 VIII.            Any notices provided for in this option or the Plan shall be given in
writing and shall be deemed effectively given upon receipt or, in the case of notices delivered by the Company to you, five (5) days after deposit in the United States mail, postage prepaid, addressed to you at the address specified above or at
such other address as you hereafter designate by written notice to the Secretary of the Company. 
 IX.            This option is subject to all the provisions of the Plan and its provisions are hereby made a part of this option, including without limitation the provisions of
paragraph 5 of the Plan relating to option provisions, and is further subject to all interpretations, amendments, rules and regulations which may from time to time be promulgated and adopted pursuant to the Plan. In the event of any conflict between
the provisions of this option and those of the Plan, the provisions of the Plan shall control. 
 X.            The terms of this option shall be governed by the laws of the State of Delaware without giving effect to principles of conflicts of laws. 
 XI.            Notwithstanding the foregoing, the Company may not take any actions hereunder,
that would violate the Act, the Exchange Act, the Code, or any other securities or tax or other applicable law or regulation. Notwithstanding anything to the contrary contained herein, the shares issuable upon exercise of this option shall not be
issued unless such shares are then registered under the Act, or, if such shares are not then so registered, the Company has determined that such exercise and issuance would be exempt from the registration requirements of the Act. 
 XII.            This option is not intended to constitute “nonqualified deferred
compensation” within the meaning of Code Section 409A, but rather is intended to be exempt from the application of Code Section 409A. To the extent that this option is nevertheless deemed to be subject to Code Section 409A for
any reason, this option shall be interpreted in accordance with Code Section 409A and Department of Treasury regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that
may be issued after the Grant Date. Notwithstanding any provision herein to the contrary, in the event that following the Grant Date, the Committee (as defined in the Plan) determines that this option may be or become subject to Code
Section 409A, the Committee may adopt such amendments to the Plan and/or this option or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions, that the Committee
determines are necessary or appropriate to (a) exempt the Plan and/or this option from the application of Code Section 409A and/or preserve the intended tax treatment of the benefits provided with respect to this option, or (b) comply
with the requirements of Code Section 409A. 
 XIII.            By electing to accept this
option, you acknowledge receipt of this option and 

  

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hereby confirm your understanding that the terms set forth in this option constitute, subject to the terms of the Plan, which terms shall control in the
event of any conflict between the Plan and this option, the entire agreement and understanding of the parties with respect to the matters contained herein and supersede any and all prior agreements, arrangements and understandings, both oral and
written, between the parties concerning the subject matter of this option. The Company may, in its sole discretion, decide to deliver any documents related to options awarded under the Plan or future option that may be awarded under the Plan by
electronic means or request your consent to participate in the Plan by electronic means. You hereby consent to receive such documents by electronic delivery and agree to participate in the Plan through an on-line or electronic system established and
maintained by the Company or another third party designated by the Company. 
 Very truly yours, 
 AMGEN INC. 
 By                                      
                   
 Duly
authorized on behalf 
 of the Board of Directors 
  

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	[EMPLOYEE]	  	 Option Number:
                      

	[EMPLOYEE ID]	  	 Plan:
                                        

	[ADDRESS]	  	 Grant Date:
                              

 RESTRICTED STOCK UNIT AGREEMENT 
 On this             day of
            (the “Grant Date”), Amgen Inc., a Delaware corporation (the “Company”), has granted to you, the grantee named above, under the Amended and
Restated 1991 Equity Incentive Plan, as amended (the “Plan”),             restricted stock units (the “Units”) with respect to
            shares of Common Stock on the terms and conditions set forth in this Restricted Stock Unit Agreement (this “Agreement”) and the Plan. The Units shall constitute
stock bonuses under Sections 7 and 10(d) of the Plan, which is incorporated herein by reference. Capitalized terms not defined herein shall have the meanings assigned to such terms in the Plan. 
 I. Vesting Schedule and Termination of Units. 
  

	 	a.	General. Subject to the terms and conditions of this Agreement, on each anniversary of the Grant Date (each, a “Vesting Date”) the Ratable Amount (as defined
below) of Units granted under this Agreement shall vest, provided that you have remained continuously and actively employed with the Company or an Affiliate of the Company (as defined in the Plan) through each applicable Vesting Date, unless your
employment has terminated due to your Voluntary Termination (as defined in paragraph (d) of this Section I below). The Units represent an unfunded, unsecured promise by the Company to deliver shares of Common Stock. Only whole shares of Common
Stock shall be issued upon vesting of the Units, and the Company shall be under no obligation to issue any fractional shares of Common Stock to you. If your employment with the Company or an Affiliate of the Company is terminated for any reason,
except as otherwise provided in paragraphs (b), (c) and (d) of this Section I below, your unvested Units shall automatically expire and terminate on the date of termination of your employment. Notwithstanding anything herein to the
contrary, the vesting schedule may be accelerated (by notice in writing) by the Company in its sole discretion at any time during the term of the Unit. In addition, vesting may be suspended by the Company in its sole discretion during a leave of
absence as provided from time to time according to Company policies and practices. For purposes of this Agreement, the “Ratable Amount” shall mean a whole number of Units equal to the number of Units covered by this Agreement divided by
four (4) to which fractional Units resulting from this calculation shall be combined into whole Units and added to the forgoing calculation to vest on the Vesting Date indicated: 

  

			
	         No. Fractional
    Units per Ratable
            Amount
	  	 Vesting Date

		
	0.25	  	One (1) whole Unit on Fourth (4th) anniversary
		
	0.50	  	One (1) whole Unit on each of Second (2nd) and Fourth (4th) anniversary
		
	0.75	  	One (1) whole Unit on each of Second (2nd), Third (3rd) and Fourth (4th) anniversary

  

	 	b.	 Permanent and Total Disability. Notwithstanding the provisions in paragraph (a) above, if your employment with the Company or an Affiliate of the
Company terminates due to your Permanent and Total Disability (as defined below), then the vesting schedule of unvested portions of Units granted under this Agreement will be accelerated, subject to your execution of a general release and waiver in
a form provided by the Company, to vest as of the day preceding such termination of your employment with respect to all Units granted hereunder, 

  

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	[EMPLOYEE]	  	 Option Number:
                      

	[EMPLOYEE ID]	  	 Plan:
                                        

	[ADDRESS]	  	 Grant Date:
                              

 except that if the Units were granted in the calendar year in which such termination occurs, the
Units will be accelerated to vest with respect to a number of Units equal to the number of Units subject to this Agreement multiplied by a fraction, the numerator of which is the number of complete months you remained continuously and actively
employed during such calendar year, and the denominator of which is twelve (12). 
  

	 	c.	Death. Notwithstanding the provisions in paragraph (a) above, if your employment with the Company or an Affiliate of the Company terminates due to your death, then the
vesting schedule of unvested portions of Units granted under this Agreement will be accelerated to vest as of the day preceding your death with respect to all Units granted hereunder, except that if the Units were granted in the calendar year in
which your death occurs the Units will be accelerated to vest with respect to a number of Units equal to the number of Units subject to this Agreement multiplied by a fraction, the numerator of which is the number of complete months you remained
continuously and actively employed during such calendar year, and the denominator of which is twelve (12). 

  

	 	d.	Retirement. Notwithstanding the provisions in paragraph (a) above, if you terminate your employment with the Company or an Affiliate of the Company due to your voluntary
termination and such voluntary termination is not the result of Permanent and Total Disability (as defined below) after you are at least sixty-five (65) years of age, or after you are at least fifty-five (55) years of age and have been an
employee of the Company and/or an Affiliate of the Company for at least ten (10) consecutive years (“Voluntary Termination”), then the Units will vest pursuant to the vesting schedule provided in paragraph (a) of this
Section I without regard to the termination of employment prior to the Vesting Date, subject to your execution of a general release and waiver in a form provided by the Company, with respect to all Units granted hereunder, except that if the Units
were granted in the calendar year in which such termination occurs, the Units will vest pursuant to the vesting schedule provided in paragraph (a) of this Section I only with respect to a number of Units equal to the number of Units subject to
this Agreement multiplied by a fraction, the numerator of which is the number of complete months you remained continuously and actively employed during such calendar year, and the denominator of which is twelve (12). 

 For purposes of this agreement, (i) “termination of your employment” shall mean the last date that you are either an employee of
the Company or an Affiliate or engaged as a consultant or director of the Company or an Affiliate, and (ii) “Permanent and Total Disability” shall have the meaning ascribed to such term under Section 22(e)(3) of the
Internal Revenue Code of 1986, as amended (together with the regulations and other official guidance promulgated thereunder, the “Code”) and with such permanent and total disability being certified prior to termination of your
employment by (i) the Social Security Administration, (ii) the comparable governmental authority applicable to an Affiliate of the Company, (iii) such other body having the relevant decision-making power applicable to an Affiliate of
the Company, or (iv) an independent medical advisor appointed by the Company in its sole discretion, as applicable, in any such case. Units that remain unvested as of the date of termination of your employment shall expire and terminate on the
date of termination of your employment. 
 II. Form and Timing of Payment. Subject to satisfaction of tax or similar obligations as
provided for in Section III, any vested Units shall be paid by the Company in shares of Common Stock (on a one-to-one basis) on, or as soon as practicable after, the applicable Vesting Date (which, for purposes of this Section II, includes the date
of any accelerated vesting under Sections I(b), (c) or (d) above). Shares of Common Stock issued in respect of a Unit shall be deemed to be issued in 
  

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	[EMPLOYEE]	  	 Option Number:
                      

	[EMPLOYEE ID]	  	 Plan:
                                        

	[ADDRESS]	  	 Grant Date:
                              

 consideration of past services actually rendered by you to the Company or an Affiliate or for its benefit for
which you have not previously been compensated or for future services to be rendered, as the case may be, which the Company deems to have a value at least equal to the aggregate par value thereof. 
 III. Tax Withholding; Issuance of Certificates. All payments made pursuant to Section II above shall be subject to withholding of all applicable
taxes, based on the minimum statutory withholding rates for federal, state and local tax purposes, including any employment taxes resulting from the vesting of the Units (the “Tax Obligations”). You hereby agree that you will
satisfy the Tax Obligations resulting from the vesting of the Units by authorizing, and you hereby authorize, the Company to withhold from the shares of Common Stock otherwise deliverable to you as a result of the vesting of the Units in accordance
herewith, a number of shares having a fair market value less than or equal to the Tax Obligations. Any shares of Common Stock withheld by the Company hereunder shall not be deemed to have been issued by the Company for any purpose under the Plan and
shall remain available for issuance thereunder. The number of shares of Common Stock tendered by you pursuant to this Section III shall be determined by the Company and be valued at the fair market value of the Common Stock on the date the Tax
Obligations arise. To the extent that the number of shares tendered by you pursuant to this Section III is insufficient to satisfy the Tax Obligations, you hereby authorize the Company to deduct from your compensation the additional amount necessary
to fully satisfy the Tax Obligations. If the Company chooses not to deduct such amount from your compensation, you agree to pay the Company, in cash or by check, the additional amount necessary to fully satisfy the Tax Obligations. You agree to take
any further actions and execute any additional documents as may be necessary to effectuate the provisions of this Section III. Notwithstanding Section II above, no certificates representing the shares of Common Stock shall be delivered to you unless
and until you have satisfied your obligations with respect to the full amount of all federal, state and local tax withholding or other employment taxes applicable to you resulting from the payment of the Units earned. 
 IV. Transferability. No benefit payable under, or interest in, this Agreement or in the shares of Common Stock that are scheduled to be issued to
you hereunder shall be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge and any such attempted action shall be void and no such benefit or interest shall be, in any manner, liable for, or
subject to, your or your beneficiary’s debts, contracts, liabilities or torts; provided, however, nothing in this Section IV shall prevent transfer (i) by will, (ii) by applicable laws of descent and distribution or
(iii) to an Alternate Payee to the extent that a QDRO so provides, as further described in Section 13 of the Plan. 
 V. No
Contract for Employment. This Agreement is not an employment or service contract and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on your part to continue in the employ or service of the Company or an
Affiliate, or of the Company or an Affiliate to continue your employment or service with the Company or an Affiliate. 
 VI. Notices.
Any notices provided for in this Agreement or the Plan shall be given in writing and shall be deemed effectively given upon receipt or, in the case of notices delivered by the Company to you, five (5) days after deposit in the United States
mail, postage prepaid, addressed to you at such address as is currently maintained in the Company’s records or at such other address as you hereafter designate by written notice to the Secretary of the Company. 
 VII. Plan. This Agreement is subject to all the provisions of the Plan, which provisions are hereby made a part of this Agreement, including
without limitation the provisions of Section 7 of the Plan relating to stock bonuses, and is further subject to all interpretations, amendments, rules and regulations which may from time to time be promulgated and adopted pursuant to the Plan.
In the event of any conflict between the provisions of this Agreement and those of the Plan, the provisions of the Plan shall control. 

  

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	[EMPLOYEE]	  	 Option Number:
                      

	[EMPLOYEE ID]	  	 Plan:
                                        

	[ADDRESS]	  	 Grant Date:
                              

 VIII. Governing Law. This Agreement shall be construed and interpreted, and the rights of
the parties shall be determined, in accordance with the laws of the State of Delaware, without regard to conflicts of law provisions thereof. 
 IX. Code Section 409A. The time and form of payment of the Units is intended to comply with the requirements of Code Section 409A and this Agreement shall be interpreted in accordance with Code Section 409A and
Department of Treasury regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued after the Grant Date. Notwithstanding any provision herein to the contrary,
in the event that following the Grant Date, the Committee (as defined in the Plan) determines that it may be necessary or appropriate to do so, the Committee may adopt such amendments to the Plan and/or this Agreement or adopt other policies and
procedures (including amendments, policies and procedures with retroactive effect), or take any other actions, that the Committee determines are necessary or appropriate to (a) exempt the Plan and/or the Units from the application of Code
Section 409A and/or preserve the intended tax treatment of the benefits provided with respect to this option, or (b) comply with the requirements of Code Section 409A. 
 X. Acknowledgement. By electing to accept this Agreement, you acknowledge receipt of this Agreement and hereby confirm your understanding that the
terms set forth in this Agreement constitute, subject to the terms of the Plan, which terms shall control in the event of any conflict between the Plan and this Agreement, the entire agreement and understanding of the parties with respect to the
matters contained herein and supersede any and all prior agreements, arrangements and understandings, both oral and written, between the parties concerning the subject matter of this Agreement. The Company may, in its sole discretion, decide to
deliver any documents related to Units awarded under the Plan or future Units that may be awarded under the Plan by electronic means or request your consent to participate in the Plan by electronic means. You hereby consent to receive such documents
by electronic delivery and agree to participate in the Plan through an on-line or electronic system established and maintained by the Company or another third party designated by the Company. 
 XI. Compliance with Laws. Notwithstanding the foregoing, the Company may not take any actions hereunder, and no award of Units shall be granted,
that would violate the Securities Act of 1933, as amended (the “Act”), the Securities Exchange Act of 1934, as amended, the Code, or any other securities or tax or other applicable law or regulation. Notwithstanding anything to the
contrary contained herein, the shares issuable upon vesting of the Unit shall not be issued unless such shares are then registered under the Act, or, if such shares are not then so registered, the Company has determined that such vesting and
issuance would be exempt from the registration requirements of the Act. 
 Very truly yours, 
 AMGEN INC. 
 By:                                      
           
 Name: 
 Title: 
  

 9Amgen Inc. Amended and Restated Director Equity Incentive Program

 Exhibit 10.3 
 AMGEN INC. 
 AMENDED AND RESTATED 
 DIRECTOR EQUITY INCENTIVE PROGRAM 
 (Amended and Restated Effective
December 10, 2007) 
 ARTICLE I 
 PURPOSE 
 The purpose of this document is to set forth the general terms and conditions applicable to
the Director Equity Incentive Program (the “Program”) established by the Board of Directors of Amgen Inc. (the “Company”) pursuant to, and in implementation of, Section 4(b) of the Company’s Amended and
Restated 1991 Equity Incentive Plan, as amended (the “1991 Plan”). The Program is intended to carry out the purposes of the 1991 Plan and provide a means to reinforce objectives for sustained long-term performance and value creation
by awarding each non-employee director of the Company with stock awards, subject to the restrictions and other provisions of the Program and the 1991 Plan. The Program shall be effective as of December 9, 2003 (the “Effective
Date”). 
 ARTICLE II 
 DEFINITIONS 
 Unless otherwise defined herein, capitalized terms used herein shall have the same definitions as such terms
are defined in the 1991 Plan. 
 “Award” shall mean a Nonqualified Stock Option or a Restricted Stock Unit granted to an
Eligible Director pursuant to the Program. 
 “Board” shall mean the Board of Directors of the Company. 
 “Code” shall mean the Internal Revenue Code of 1986, as amended, together with the regulations and official guidance promulgated
thereunder. 
 “Common Stock” shall mean the common stock, par value $0.0001 per share, of the Company. 
 “Eligible Director” shall mean a member of the Board who is not an employee of the Company or any Affiliate. 
 “Nonqualified Stock Option” or “NQSO” shall mean a stock option which does not qualify as an incentive stock option as
that term is used in Section 422 of the Code. 
 “QDRO” shall mean a court order (i) that creates or recognizes
the right of the spouse, former spouse or child of an individual who is granted an Award to an interest in such Award relating to marital property rights or support obligations and (ii) that the Board determines would 

  

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be a “qualified domestic relations order,” as that term is defined in Section 414(p) of the Code and Section 206(d) of the Employee
Retirement Income Security Act (“ERISA”), but for the fact that the Program is not a plan described in Section 3(3) of ERISA. 
 “Restricted Stock Unit” shall mean a restricted right to receive a share of Common Stock granted pursuant to Article IV. 
 ARTICLE III 
 STOCK OPTIONS 
 3.1 Inaugural Grants. Each person who becomes an Eligible Director after the Effective Date shall, on the date which is two business days after the release of the Company's quarterly or annual earnings next
following the date such person first becomes an Eligible Director, automatically be granted, without further action by the Company, the Board, or the Company’s stockholders, a Nonqualified Stock Option to purchase twenty thousand
(20,000) shares of Common Stock on the terms and conditions set forth herein. Should the date of grant set forth above be a Saturday, Sunday or legal holiday, such grant shall be made on the next business day. 
 3.2 Annual Grants. On the date which is two business days after the release of the Company's quarterly earnings for the first fiscal quarter of
each year after the Effective Date, each person who is at that time an Eligible Director shall automatically be granted, without further action by the Company, the Board, or the Company’s stockholders, a Nonqualified Stock Option to purchase
five thousand (5,000) shares of Common Stock on the terms and conditions set forth herein. Should the date of grant set forth above be a Saturday, Sunday or legal holiday, such grant shall be made on the next business day. 
 3.3 Terms of Options. 
 (a) Each
Nonqualified Stock Option granted pursuant to the Program shall constitute a Discretionary Stock Option under Section 5 of the 1991 Plan. The provisions of separate Nonqualified Stock Options need not be identical, but each Nonqualified Stock
Option shall include (through incorporation of provisions hereof by reference in the Nonqualified Stock Option or otherwise) the substance of each of the following provisions as set forth in this Section 3.3 and Section 5 of the 1991 Plan.

 (b) No Option shall be exercisable after the expiration of seven (7) years from the date it was granted. 
 (c) The exercise price of each Nonqualified Stock Option shall be not less than one hundred percent (100%) of the fair market value of the Common
Stock subject to the Nonqualified Stock Option on the date the Nonqualified Option is granted. 
 (d) The purchase price of Common Stock
acquired pursuant to a Nonqualified Stock Option shall be paid, to the extent permitted by applicable statutes and regulations, either: (i) in cash at the time the Nonqualified Stock Option is exercised; or (ii) at the discretion of the
Board, either at the time of grant or exercise of the Nonqualified Stock Option (A) by delivery to 

  

 2 

 
the Company of shares of Common Stock that have been held for the period required to avoid a charge to the Company’s reported earnings and valued at the
fair market value on the date of exercise, or (B) in any other form of legal consideration that may be acceptable to the Board in its discretion; including but not limited to payment of the purchase price pursuant to a program developed under
Regulation T as promulgated by the Federal Reserve Board which results in the receipt of cash (or a check) by the Company before Common Stock is issued or the receipt of irrevocable instruction to pay the aggregate exercise price to the Company from
the sales proceeds before Common Stock is issued. 
 (e) A Nonqualified Stock Option shall be exercisable during the lifetime of the Eligible
Director only by the Eligible Director, and after the death of the Eligible Director, the Nonqualified Stock Option shall be exercisable by the person or persons to whom the Eligible Director’s rights under such option pass by will or by the
laws of descent and distribution. 
 (f) Each Nonqualified Stock Option that is granted to an Eligible Director who has as of the date of
grant provided three (3) years of prior continuous service on the Board as an Eligible Director shall be fully vested as of the date of grant. Each Nonqualified Stock Option that is granted to an Eligible Director who has not as of the date of
grant provided three (3) years of prior continuous service as an Eligible Director shall be fully vested as of the date upon which such Eligible Director has provided one year of continuous service on the Board as an Eligible Director following
the date of grant of such Nonqualified Stock Option. If the Eligible Director’s relationship as a director of the Company or an Affiliate is terminated by reason of the Eligible Director’s death or disability (within the meaning of Title
II or XVI of the Social Security Act or comparable statute applicable to an Affiliate and with such permanent and total disability certified by (i) the Social Security Administration, (ii) the comparable governmental authority applicable
to an Affiliate, (iii) such other body having the relevant decision-making power applicable to an Affiliate, or (iv) an independent medical advisor appointed by the Company, as applicable, prior to such termination), then the vesting
schedule of each Nonqualified Stock Option granted to such Eligible Director shall be accelerated by twelve months for each full year the Eligible Director has been affiliated with the Company and/or an Affiliate. 
 (g) The Company may require any holder under this Article III, or any person to whom a Nonqualified Stock Option is transferred under
Section 3.3(e), as a condition of exercising any such option: (i) to give written assurances satisfactory to the Company as to such person’s knowledge and experience in financial and business matters and/or to employ a purchaser
representative who has such knowledge and experience in financial and business matters, and that such person is capable of evaluating, alone or together with the purchaser representative, the merits and risks of exercising the Nonqualified Stock
Option; and (ii) to give written assurances satisfactory to the Company stating that such person is acquiring the Common Stock subject to the Nonqualified Stock Option for such person’s own account and not with any present intention of
selling or otherwise distributing the Common Stock. These requirements, and any assurances given pursuant to such requirements, shall be inoperative if: (x) the issuance of the shares upon the exercise of the Nonqualified Stock Option has been
registered under a then currently effective registration statement under the Securities Act of 1933, as amended (the “Securities Act”); or (y) as to any particular requirement, a determination is made by counsel for the Company
that such requirement need not be met in the circumstances under the then applicable securities law. 
  

 3 

 ARTICLE IV 
 RESTRICTED STOCK UNITS 
 4.1 Annual Grants. On March 15, 2004, each person who is at that
time an Eligible Director shall automatically be granted, without further action by the Company, the Board, or the Company’s stockholders, Restricted Stock Units to acquire a number of shares of Common Stock (rounded down to the nearest whole
number) equal to the quotient obtained by dividing (x) $100,000, by (y) the closing market price of a share of Common Stock on the business day immediately preceding the date of grant (rounded to two decimal places); thereafter, on the
date which is two business days after the release of the Company's quarterly earnings for the first fiscal quarter of each year after the Effective Date, each person who is at that time an Eligible Director shall automatically be granted, without
further action by the Company, the Board, or the Company’s stockholders, Restricted Stock Units to acquire a number of shares of Common Stock (rounded down to the nearest whole number) equal to the quotient obtained by dividing
(x) $100,000, by (y) the closing market price of a share of Common Stock on the date of grant (rounded to two decimal places). Should the date of grant set forth in this Section 4.1 be a Saturday, Sunday or legal holiday, such grant
shall be made on the next business day. Restricted Stock Units shall constitute stock bonuses under Section 7 of the 1991 Plan. 
  

	4.2	Terms of Restricted Stock Units. 

 (a) Each
Restricted Stock Unit granted pursuant to this Program shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate. The provisions of separate Restricted Stock Units need not be identical, but each
Restricted Stock Unit shall include (through incorporation of provisions hereof by reference in the Restricted Stock Unit agreement or otherwise) the substance of each of the following provisions as set forth this Section 4.2 and Section 7
of the 1991 Plan. 
 (b) Each grant of Restricted Stock Units made to an Eligible Director who has as of the date of grant provided three
(3) years of prior continuous service on the Board as an Eligible Director shall be fully vested as of the date of grant and each grant of Restricted Stock Units that is made to an Eligible Director who has not as of the date of grant provided
three (3) years of prior continuous service as an Eligible Director shall be fully vested as of the date upon which such Eligible Director has provided one year of continuous service on the Board as an Eligible Director following the date of
grant of such Restricted Stock Units (in each case, such date of vesting the “Vesting Date”). If the Eligible Director’s relationship as a director of the Company or an Affiliate is terminated by reason of the Eligible
Director’s death or total and permanent disability (as certified by an independent medical advisor appointed by the Company prior to such termination) and in a manner constituting a “separation from service” within the meaning of Code
Section 409A, then a prorated number (rounded down to the nearest whole number) of unvested Restricted Stock Units, if any, shall vest immediately upon such death or disability, determined by multiplying the number of unvested Restricted Stock
Units, if any, by a fraction (rounded to two decimal places), the numerator of which is the number of complete months of continuous service during the one year period following the date of grant and the denominator of which is 12. 
  

 4 

 (c) A holder’s vested Restricted Stock Units shall be paid by the Company in shares of Common Stock
(on a one-to-one basis) on, or as soon as practicable after, the Vesting Date (the “Payment Date”), but in any event by the fifteenth day of the third month following the end of the tax year in which such Restricted Stock Units
vest, unless the Eligible Director has irrevocably elected in writing by December 31 of the year preceding the grant of such Restricted Stock Units to defer the payment of such Restricted Stock Units, and any dividends paid thereon, to another
date under one of the following options, which payment form or forms (including payment upon death or disability as provided above) shall be specified at the time of the deferral election (the “Deferred Payment Date”): (i) full
payment of the vested Restricted Stock Units in January of a year specified by the Eligible Director which shall be no earlier than the third calendar year following the calendar year in which the date of grant occurs and no later than the tenth
calendar year following such year, (ii) full payment of the vested Restricted Stock Units in January of the calendar year following the year in which the Eligible Director with respect to whom the Restricted Stock Units were granted ceases to
be an Eligible Director and ceases to otherwise provide services to the Company in a manner that constitutes a “separation from service” (within the meaning Code Section 409A) for any reason, (iii) payment of the vested
Restricted Stock Units in five substantially equal annual installments, commencing in January of the calendar year following the year in which the Eligible Director with respect to whom the Restricted Stock Units were granted ceases to be an
Eligible Director and ceases to otherwise provide services to the Company in a manner that constitutes a “separation from service” (within the meaning Code Section 409A) for any reason, or (iv) payment of the vested Restricted
Stock Units in ten substantially equal annual installments, commencing in January of the calendar year following the year in which the Eligible Director with respect to whom the Restricted Stock Units were granted ceases to be an Eligible Director
and ceases to otherwise provide services to the Company in a manner that constitutes a “separation from service” (within the meaning Code Section 409A) for any reason. Shares of Common Stock issued in respect of a Restricted Stock
Unit shall be deemed to be issued in consideration for future services to be rendered or past services actually rendered to the Company or for its benefit, by the Eligible Director, which the Board deems to have a value not less than the par value
of a share of Common Stock. 
 4.3 Dividend Equivalents. If an Eligible Director has elected to defer payment of his or her vested
Restricted Stock Units as provided in Section 4.2(c) above and the Company pays any dividends with respect to the Common Stock at any time during the period between the Payment Date and the Deferred Payment Date, the holder of such vested
Restricted Stock Units shall be credited, as of the dividend payment date, with dividend equivalents equal to the amount of the dividends which would have been payable to such holder if the holder held a number of shares of Common Stock equal to the
number of vested Restricted Stock Units so deferred. Such dividend equivalents shall be deemed reinvested in the Common Stock on the dividend payment date and shall be paid by the Company in shares of Common Stock on the Deferred Payment Date. Such
dividend equivalents shall constitute stock bonuses under Section 7 of the 1991 Plan. 
 ARTICLE V 
 MISCELLANEOUS 
 5.1 Administration
of the Program. The Program shall be administered by the Board. 
  

 5 

 5.2 Application of 1991 Plan. The Program is subject to all the provisions of the 1991 Plan,
including Section 11 thereof (relating to adjustments upon changes in the Common Stock) and Section 12 thereof (relating to Change of Control), and its provisions are hereby made a part of the Program, and is further subject to all
interpretations, amendments, rules and regulations which may from time to time be promulgated and adopted pursuant to the 1991 Plan. In the event of any conflict between the provisions of this Program and those of the 1991 Plan, the provisions of
the 1991 Plan shall control. 
 5.3 Amendment and Termination. Notwithstanding anything herein to the contrary, the Board may, at any
time, terminate, modify or suspend the Program; provided, however, that, without the prior consent of the Eligible Directors affected, no such action may adversely affect any rights or obligations with respect to any Awards theretofore earned
but unpaid, whether or not the amounts of such Awards have been computed and whether or not such Awards are then payable. Any amendment of this Program may, in the sole discretion of the Board, be accomplished in a manner calculated to cause such
amendment not to constitute an “extension,” “renewal” or “modification” (each within the meaning of Code Section 409A) of any RSUs that would cause such RSUs to be considered “nonqualified deferred
compensation” (within the meaning of Code Section 409A). 
 5.4 No Contract for Employment. Nothing contained in the Program
or in any document related to the Program or to any Award shall confer upon any Eligible Director any right to continue as a director or in the service or employment of the Company or an Affiliate or constitute any contract or agreement of service
or employment for a specific term or interfere in any way with the right of the Company or an Affiliate to reduce such person’s compensation, to change the position held by such person or to terminate the service of such person, with or without
cause. 
 5.5 Nontransferability. No benefit payable under, or interest in, this Program shall be subject in any manner to
anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge and any such attempted action shall be void and no such benefit or interest shall be, in any manner, liable for, or subject to, debts, contracts, liabilities or
torts of any Eligible Director or beneficiary; provided, however, that, nothing in this Section 5.5 shall prevent transfer (i) by will, (ii) by applicable laws of descent and distribution, (iii) to an Alternate Payee to the
extent that a QDRO so provides, or (iv) of any Nonqualified Stock Option, which is granted after December 10, 2007 or any Nonqualified Stock Option which is outstanding on December 10, 2007 and which has an exercise price which is not
less than one hundred percent (100%) of the fair market value of the Common Stock subject to the Nonqualified Stock Option as of such date, to a trust for which the Eligible Director grantor is a trustee of the trust or a beneficiary of the
trust with investment control over the trust assets and which trust qualifies as a “family member” of the Eligible Director, as defined under the instructions to use of the Form S-8 Registration Statement under the Securities Act of 1933,
as amended (a “Trust”) 
 The transfer to an Alternate Payee of an Award pursuant to a QDRO, or to a Trust of a Nonqualified Stock Option
shall not be treated as having caused a new grant. If an Award is so transferred, the Alternate Payee or Trust generally has the same rights as the Eligible Director under the terms of the Program; provided however, that (i) the Award
shall be subject to the same terms and conditions, including the vesting terms, option termination provisions and exercise 

  

 6 

 
period, as if the Award were still held by the Eligible Director, and (ii) such Alternate Payee or Trust may not transfer an Award. In the event of the
1991 Plan administrator’s receipt of a domestic relations order or other notice of adverse claim by an Alternate Payee of an Eligible Director of an Award, transfer of the proceeds of the exercise of such Award, whether in the form of cash,
stock or other property, may be suspended. Such proceeds shall thereafter be transferred pursuant to the terms of a QDRO or other agreement between the Eligible Director and Alternate Payee. An Eligible Director’s ability to exercise an Award
may be barred if the 1991 Plan administrator receives a court order directing the 1991 Plan administrator not to permit exercise. 
 5.6
Nature of Program. No Eligible Director, beneficiary or other person shall have any right, title or interest in any fund or in any specific asset of the Company or any Affiliate by reason of any award hereunder. There shall be no funding of
any benefits which may become payable hereunder. Nothing contained in this Program (or in any document related thereto), nor the creation or adoption of this Program, nor any action taken pursuant to the provisions of this Program shall create, or
be construed to create, a trust of any kind or a fiduciary relationship between the Company or an Affiliate and any Eligible Director, beneficiary or other person. To the extent that an Eligible Director, beneficiary or other person acquires a right
to receive payment with respect to an award hereunder, such right shall be no greater than the right of any unsecured general creditor of the Company or other employing entity, as applicable. All amounts payable under this Program shall be paid from
the general assets of the Company or employing entity, as applicable, and no special or separate fund or deposit shall be established and no segregation of assets shall be made to assure payment of such amounts. Nothing in this Program shall be
deemed to give any person any right to participate in this Program except in accordance herewith. 
 5.7 Governing Law. This Program
shall be construed in accordance with the laws of the State of Delaware, without giving effect to the principles of conflicts of law thereof. 
 5.8 Code Section 409A. To the extent that this Program constitutes a “non-qualified deferred compensation plan” within the meaning of with Code Section 409A and Department of Treasury regulations and other
interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued after the Effective Date, this Program shall be interpreted and operated in accordance with Code Section 409A.
Notwithstanding any provision of this Program to the contrary, in the event that following the grant of any RSUs, the Board determines that any Award does or may violate any of the requirements of Code Section 409A, the Board may adopt such
amendments to the Program and any affected Award or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions, that the Board determines are necessary or appropriate to
(a) exempt the Program and any such Award from the application of Code Section 409A and/or preserve the intended tax treatment of the benefits provided with respect to the Award, or (b) comply with the requirements of Code
Section 409A. 
  

 7 

 GRANT OF NONQUALIFIED STOCK OPTION 
                             , Amgen Inc. Stock Optionee: 

AMGEN INC., a Delaware corporation (the “Company”), pursuant to its Amended and Restated 1991 Equity Incentive Plan (the “Plan”),
has this day granted to you, the optionee named above, an option to purchase              shares of the $.0001 par value common stock of the Company (“Common Stock”) pursuant to
the terms hereof. This option is not intended to qualify and will not be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (together with the regulations and
other official guidance promulgated thereunder) (the “Code”). 
 The provisions of your option are as follows: 
 1.        [select vesting schedule based on director’s length of service] [Subject to the limitations contained
herein, this option shall vest on [grant date]. [Subject to the provisions contained herein, this option shall vest on [one year from grant date], provided that from the date of grant of this option through the vesting date, you have
continuously served as a non-employee director of the Company (as that term is defined in the Plan).] 
 2.        (a) The per share exercise price of this option is $            , being not less than the fair market value of the Common Stock on
the date of grant of this option. 
 (b) To the extent permitted by applicable statutes and regulations, payment of the exercise price per
share is due in full in cash or check upon exercise of all or any part of this option which has become exercisable by you. However, if at the time of exercise, the Company’s Common Stock is publicly traded and quoted regularly in the Wall
Street Journal, payment of the exercise price may be made by delivery of already-owned shares of Common Stock of a value equal to the exercise price of the shares of Common Stock for which this option is being exercised. The already-owned shares
must have been owned by you for the period required to avoid a charge to the Company’s reported earnings and owned free and clear of any liens, claims, encumbrances or security interests. Payment may also be made by a combination of cash and
already-owned Common Stock. 
 3.        Notwithstanding anything to the contrary contained herein, this option may
not be exercised unless the shares issuable upon exercise of this option are then registered under the Securities Act of 1933, as amended (the “Act”), or, if such shares are not then so registered, the Company has determined that such
exercise and issuance would be exempt from the registration requirements of the Act. 
 [select section 4 with acceleration provisions if option not fully
vested at date of grant] 
 [4.        The term of this option commences on the date hereof and, unless sooner
terminated pursuant to the Plan, terminates on              (which date shall be no more than seven (7) years from the date this option is granted).] 
  

 8 

 4.        The term of this option commences on the date hereof and, unless sooner
terminated pursuant to the Plan, terminates on             (which date shall be no more than seven (7) years from the date this option is granted). If termination of your relationship
as a director of the Company is due to (a) your permanent and total disability (within the meaning of Title II or XVI of the Social Security Act or comparable statute applicable to an Affiliate and with such permanent and total disability
certified by the Social Security Administration, prior to such termination), or (b) your death, then the vesting schedule of unvested portions of the option will be accelerated by twelve (12) months for each full year that you have been
affiliated as a director with the Company. 
 However, in any and all circumstances and except to the extent the vesting schedule has been
accelerated by the Company in its sole discretion during the term of this option or as a result of your permanent and total disability or death as provided above, this option may be exercised following termination of your relationship as a director
of the Company only as to that number of shares as to which it was exercisable on the date of such termination provisions of paragraph 1 of this option. For purposes of this option, “termination of your relationship as a director of the
Company” shall mean the last date you are a director of the Company. 
 5.        To the extent specified above,
this option may be exercised by delivering a Notice of Exercise of Stock Option form, together with the exercise price to the Secretary of the Company, or to such other person as the Company may designate, during regular business hours, together
with such additional documents as the Company may then require pursuant to section 5 of the Plan. 
 6.        This
option is not transferable, except as set forth below: 
 (a) By will or the laws of descent and distribution; and 

(b) The transfer of the option by the optionee named above to a Trust or an Alternate Payee (in each case, as defined in and pursuant to the terms of
the Plan). 
 7.        This option is exercisable during your life only by you, except that, to the extent the
option or any portion thereof is transferred to an Alternate Payee or a Trust in accordance with the terms of the Plan and Section 6(b) above, such Alternate Payee or Trust may exercise the option or such portion thereof so transferred.

 8.        This option is not an employment or consulting contract and nothing in this option shall be deemed to
create in any way whatsoever any obligation on the part of the non-employee director on whose behalf the option right was created, to continue to serve as a director of the Company, or of the Company to continue such non-employee director’s
service as a director of the Company. 
 9.        Any notices provided for in this option or the Plan shall be given
in writing and shall be deemed effectively given upon receipt or, in the case of notices delivered by the Company to you, five (5) days after deposit in the United States mail, postage prepaid, addressed to you at the 

  

 9 

 
address specified below or at such other address as you hereafter designate by written notice to the Company. 
 10.        This option is subject to all the provisions of the Plan, a copy of which is attached hereto and its provisions are
hereby made a part of this option, including without limitation the provisions of section 5 of the Plan relating to option provisions, and is further subject to all interpretations, amendments, rules, and regulations which may from time to time be
promulgated and adopted pursuant to the Plan. In the event of any conflict between the provisions of this option and those of the Plan, the provisions of the Plan shall control. 
 11.        The terms of this option shall be governed by the laws of the State of Delaware without giving effect to principles of conflicts of laws. 
 12.        This option is not intended to constitute “nonqualified deferred compensation” within the meaning of Code
Section 409A, but rather is intended to be exempt from the application of Code Section 409A. To the extent that this option is nevertheless deemed to be subject to Code Section 409A for any reason, this option shall be interpreted in
accordance with Code Section 409A and Department of Treasury regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued after the Grant Date.
Notwithstanding any provision herein to the contrary, in the event that following the Grant Date, the Committee (as defined in the Plan) determines that this option may be or become subject to Code Section 409A, the Committee may adopt such
amendments to the Plan and/or this option or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any other actions, that the Committee determines are necessary or appropriate to
(a) exempt the Plan and/or this option from the application of Code Section 409A and/or preserve the intended tax treatment of the benefits provided with respect to this option, or (b) comply with the requirements of Code
Section 409A. 
  

 10 

 Dated the      day of             .

 Very truly yours, 
 AMGEN INC. 
 By:                                      
           
 Duly authorized on behalf 
 of the Board of Directors 
  
  
  
 Agreed and accepted as of the
date written above: 
  
  

	
	
	
	 
	 [name]
 Address:

  

 11 

 RESTRICTED STOCK UNIT AGREEMENT 
                                 , Amgen Inc.
Grantee: 
 On this      day of              (the
“Grant Date”), Amgen Inc., a Delaware corporation (the “Company”), pursuant to its Director Equity Incentive Program (the “Program”) which implements the Amended and Restated 1991 Equity Incentive
Plan, as amended (the “Plan”), has granted to you, the grantee named above,              restricted stock units (the “Units”) with respect to
             shares of Common Stock on the terms and conditions set forth in this Restricted Stock Unit Agreement (this “Agreement”) and the Plan. Capitalized terms not
defined herein shall have the meanings assigned to such terms in the Program. 
 I. Vesting Schedule. Subject to the terms and
conditions of this Agreement and in consideration for services previously rendered by you, one hundred percent (100%) of the Units shall vest upon [select a vesting date based on director’s years of service, per program:] [the date
hereof (the “Vesting Date”)] [the date (the “Vesting Date”) upon which you have provided one year of continuous service following the Grant Date; provided, however, that in the event you cease to be an
Eligible Director by reason of your death or total and permanent disability (as certified by an independent medical advisor appointed by the Company prior to such termination), a prorated number of Units shall vest immediately upon such death or
disability, determined by multiplying the number of unvested Units by a fraction (rounded to two decimal places), the numerator of which is the number of complete months of continuous service during the one year period following the Grant Date and
the denominator of which is 12.] 
 II. Form and Timing of Payment. Any vested Units shall be paid by the Company in shares of Common
Stock (on a one-to-one basis) on, or as soon as practicable after, the Vesting Date (but in any event by the fifteenth day of the third month following the tax year in which they vest), unless you have irrevocably elected in writing by
December 31 of the year preceding the Grant Date to defer the payment of such Units under one of the following options: (i) full payment of the vested Units in January of a year specified by you which shall be no earlier than the third
calendar year following the calendar year in which the date of grant occurs and no later than the tenth calendar year following such year, (ii) full payment of the vested Units in January of the calendar year following the year in which you
cease to be an Eligible Director (and experience a “separation from service” with the Company within the meaning of Code Section 409A) for any reason, (iii) payment of the vested Units in five substantially equal annual
installments, commencing in January of the calendar year following the year in which you cease to be an Eligible Director (and experience a “separation from service” with the Company within the meaning of Code Section 409A) for any
reason, or (iv) payment of the vested Units in ten substantially equal annual installments, commencing in January of the calendar year following the year in which you cease to be an Eligible Director (and experience a “separation from
service” with the Company within the meaning of Code Section 409A) for any reason; provided, however, that no shares of Common Stock shall be issued hereunder unless the Board determines that the consideration received by the
Company in exchange for the issuance of Common Stock has a value not less than the par value thereof. Any deferral election made pursuant to this Section II shall specify the distribution schedule from the options provided in this Section II and
shall be irrevocable. 
  

 12 

 III. Transferability. No benefit payable under, or interest in, this Agreement shall be subject in
any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge and any such attempted action shall be void and no such benefit or interest shall be, in any manner, liable for, or subject to, your or your
beneficiary’s debts, contracts, liabilities or torts; provided, however, nothing in this Section III shall prevent transfer (i) by will, (ii) by applicable laws of descent and distribution or (iii) to an Alternate Payee to
the extent that a QDRO so provides, as further described in the Program. 
 IV. No Contract for Employment. This Agreement is not an
employment or service contract and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on your part to continue in the employ or service of the Company, or of the Company to continue your employment or service
with the Company. 
 V. Notices. Any notices provided for in this Agreement or the Plan shall be given in writing and shall be deemed
effectively given upon receipt or, in the case of notices delivered by the Company to you, five (5) days after deposit in the United States mail, postage prepaid, addressed to you at such address as is currently maintained in the Company’s
records or at such other address as you hereafter designate by written notice to the Company. 
 VI. Plan and Program. This Agreement
is subject to all the provisions of the Plan and Program and their provisions are hereby made a part of this Agreement, including without limitation the provisions of paragraph 7 of the Plan relating to stock bonuses, and is further subject to all
interpretations, amendments, rules and regulations which may from time to time be promulgated and adopted pursuant to the Plan. In the event of any conflict between the provisions of this Agreement and those of the Plan and the Program, the
provisions of the Plan shall control. 
 VII. Governing Law. This Agreement shall be construed and interpreted, and the rights of the
parties shall be determined, in accordance with the laws of the State of Delaware, without regard to conflicts of law provisions thereof. 
  

			
	 Very truly yours,
 AMGEN
INC.

		
	By:	 	 
	 Name:
 Title:
	 	

  
  

			
	 Accepted and Agreed,
 this
     day of             , 200_.

		
	By:	 	 
	Name:	 	

  

 13

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