SEC Contract Filing

Filing Date: 2016-11-04

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>imgn-20160930ex10216cd5c.htm
<DESCRIPTION>EX-10.2
<TEXT>
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 <font style="display:inline;font-weight:bold;">Exhibit 10.2</font>
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 <font style="display:inline;font-weight:bold;font-style:italic;text-decoration:underline;">Appendix A</font>
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 <font style="display:inline;">ImmunoGen, Inc.</font>
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 <font style="display:inline;">Compensation Policy for Non-Employee Directors</font>
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 <font style="display:inline;">Objective</font>
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 <font style="display:inline;">It is the objective of ImmunoGen to compensate non-employee Directors in a manner which will enable recruitment and retention of highly qualified Directors and fairly compensate them for their services as a Director.</font>
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 <p style="margin:8pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
 <font style="display:inline;text-decoration:underline;">Cash Compensation (effective November 13, 2013)</font>
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 <font style="display:inline;">Annual meeting fee for non-employee Directors:</font></p>
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 <font style="display:inline;">$40,000 per annum, paid quarterly</font></p>
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 <font style="display:inline;">Additional annual fees:</font></p>
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 <font style="display:inline;">&nbsp;</font></p>
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 <font style="display:inline;">(a)&nbsp;&nbsp;Lead Director / Chairman of the Board:</font><font style="display:inline;font-size:6pt;top:-4pt;position:relative;line-height:100%">1</font></p>
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 <font style="display:inline;">$30,000 per annum, paid quarterly</font></p>
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 <font style="display:inline;">(b)&nbsp;&nbsp;Chairman of the Audit Committee:</font></p>
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 <font style="display:inline;">$20,000 per annum, paid quarterly</font></p>
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