X0206 3 2016-05-12 0 0001649989 Oncobiologics, Inc. ONS 0001663252 Yamashita Elizabeth A. C/O ONCOBIOLOGICS, INC. 7 CLARKE DRIVE CRANBURY NJ 08521 0 1 0 0 VP, Regulatory Affairs Restricted Stock Units 43478 D Granted pursuant to the Issuer's 2015 Equity Incentive Plan. Each restricted stock unit ("RSU") represents the right to receive, at settlement, one (1) share of the Issuer's common stock. The RSUs are subject to, and to vest must satisfy, both (a) performance-based vesting restrictions (the RSUs will satisfy the performance-based vesting restrictions upon the first to occur of (x) a change of control as defined in the award agreement and (y) the expiration of the 6 month lock-up period following the Issuer's initial public offering, subject to continued service through such event) and (b) time-based vesting restrictions (50% of the RSUs will satisfy the time-based vesting restrictions on each of the third and fourth anniversaries of April 7, 2014, subject to continued service through such dates). In addition, 100% of the RSUs will satisfy the time-based vesting restrictions upon the occurrence of a change of control, subject to continued service through such event. /s/ Lawrence Kenyon, Attorney-in-Fact 2016-05-12