EX-10.7





 Exhibit 10.7 

EXECUTIVE EMPLOYMENT AGREEMENT 

This EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of [__________], 2020 (the
“Effective Date”) by Chinook Therapeutics Canada, Inc., a Canadian corporation (the “Company”), and [__________] (“Executive”) [and amends and restates the
employment entered into between the Company and Executive [__________] (the “Prior Agreement”)]. 

WHEREAS, the Company desires to continue to employ Executive as the Company’s [__________], and Executive desires to continue to
serve in such capacity, pursuant to the terms and conditions set forth in this Agreement. 
 NOW, THEREFORE, in consideration of the grant
of equity pursuant to the Company’s form of equity grant agreements and mutual covenants and promises contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties
hereto, the parties hereto agree as follows: 
 ARTICLE I. 

CERTAIN DEFINITIONS 

1.1 “Cause” means, without limitation, the occurrence of any of the following events: (a) Executive’s
conviction of, or plea of guilty to, any crime involving fraud, dishonesty or act incompatible with or related to the Executive’s employment with the Company; (b) Executive’s commission of or participation in a fraud or act of
dishonesty against the Company; (c) Executive’s material violation of any contract or agreement between Executive and the Company or any statutory duty owed to the Company by the Executive or the Executive’s improper disclosure of
confidential information (as defined in the Company’s standard confidentiality agreement); (d) Executive’s conduct that constitutes gross insubordination, incompetence or habitual neglect of duties and that results in (or would
reasonably be expected to result in) material harm to the Company; (e) Executive’s material failure to follow the Company’s material policies; (f) Executive’s failure to cooperate with the Company in any investigation or
formal proceeding;, or (g) the usual meaning of just cause under the common law or the laws of British Columbia provided, however, that the action or conduct described in clauses (c), (d), (e), and (f) above will constitute
“Cause” only if such action or conduct continues after the Company has provided Executive with written notice thereof and thirty (30) days to cure the same if such action or conduct is curable, as determined by the Board. 

1.2 “Change in Control” means the occurrence, in a single transaction or in a series of related transactions, of
any one or more of the following events (excluding in any case transactions in which the Company or its successors issues securities to investors primarily for capital raising purposes): 

(a) the acquisition by a third party of securities of the Company representing fifty percent (50%) or more of the combined voting power of the
Company’s then outstanding securities, other than by virtue of a merger, consolidation or similar transaction; 
 (b) a merger,
consolidation or similar transaction following which the stockholders of the Company immediately prior thereto do not own at least fifty percent (50%) of the combined outstanding voting power of the surviving entity (or that entity’s parent) in
such merger, consolidation or similar transaction; 












 (c) the dissolution or liquidation of the Company; or 

(d) the sale, lease, exclusive license or other disposition of all or substantially all of the assets of the Company; 

provided, however, that any transaction or transactions (i) in which the Company or its successor issues securities to investors primarily
for capital raising purposes or (ii) effected solely for purposes of changing the Company’s domicile, will not constitute a Change in Control. 

1.3 “Change in Control Period” means the period commencing on the date of a Potential Change in Control and
ending on the earlier of the one-year anniversary of a Change in Control and the date on which the Company abandons the corporate transaction that was the subject of the Potential Change in Control or the
definitive agreement that was the subject to the Potential Change in Control is terminated and the applicable Change in Control does not occur. 

1.4 “Covered Termination” means (a) the termination of Executive’s employment by the Company without
Cause or (b) Executive’s resignation of employment with the Company for Good Reason. A Covered Termination will not include a termination of Executive’s employment for Cause, Executive’s resignation of employment without Good
Reason or a termination of Executive’s employment due to frustration of contract, such as due to death or disability. 
 1.5
“Disability” means a disability of the Executive preventing the Executive from performing the Executive’s duties under this Agreement, as determined by the Board. 

1.6 “Good Reason” means the occurrence of any of the following events without Executive’s consent: 

(a) any material diminution in Executive’s authority, duties or responsibilities as in effect immediately prior to such reduction; 

(b) a material reduction in Executive’s annual Base Salary or Target Bonus, as initially set forth herein or as increased thereafter;
provided, however, that Good Reason shall not be deemed to have occurred in the event of a reduction in Executive’s annual Base Salary or Target Bonus that is pursuant to a salary or bonus reduction program affecting substantially
all of the employees of the Company or substantially all similarly situated executive employees and that does not adversely affect Executive to a greater extent than other similarly situated employees; 

(c) a relocation of Executive’s business office to a location that would increase Executive’s
one-way commute distance by more than thirty-five (35) miles from the location at which Executive performed Executive’s duties immediately prior to the relocation, except for required travel by
Executive on the Company’s business to an extent substantially consistent with Executive’s business travel obligations prior to the relocation; or 

(d) failure of a successor entity to assume this Agreement; 

  
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 provided, however, that, any assertion by Executive of a resignation for Good Reason will not be
effective unless and until (1) Executive has provided the Company with written notice of Executive’s intent to resign for Good Reason within sixty (60) days following the Executive’s knowledge of the occurrence of the
condition(s) that Executive believes constitute(s) Good Reason, which notice shall describe such condition(s); (2) the Company fails to remedy such condition(s) within thirty (30) days following receipt of such written notice; and
(3) Executive resigns within thirty (30) days following the end of such cure period. 
 1.7 “Potential Change in
Control” means the date of execution of a definitive agreement for a corporate transaction which, if consummated, would constitute a Change in Control. 

ARTICLE II. 
 EMPLOYMENT BY THE
COMPANY 
 2.1 Position and Duties. Subject to the terms set forth herein, Executive will continue to be employed
the Company’s [__________] reporting to the Company’s [__________]. Executive will perform such services as commensurate with such position and such other duties as are assigned to Executive by [__________]. During the
term of Executive’s employment with the Company, Executive will devote Executive’s best efforts and full working time and attention to the business of the Company. Notwithstanding the foregoing, Executive may manage personal investments,
participate in civic, charitable, professional and academic activities and, subject to prior approval, serve on the board of directors (and any committees) of outside entities; provided that such activities do not at the time the activity or
activities commence or thereafter (i) create an actual or potential business or fiduciary conflict of interest or (ii) individually or in the aggregate, interfere materially with the performance of Executive’s duties to the Company.

 2.2 Employment Policies. Executive’s employment relationship with the Company will also be governed by the
general employment policies and practices of the Company as are made available to Executive, including those relating to protection of confidential information and assignment of inventions, except that when the terms of this Agreement differ from or
are in conflict with the Company’s general employment policies or practices, this Agreement will control. 
 2.3
Term. Subject to the terms of this Agreement, this Agreement will remain in effect for a period commencing as of the Effective Date and continuing until the termination of Executive’s employment as set forth herein (the
“Employment Term”). 
 ARTICLE III. 

COMPENSATION 
 3.1
Base Salary. As of the Effective Date, Executive will receive for services rendered hereunder an annual base salary of $[__________] (the “Base Salary”), payable in accordance with the Company’s
standard payroll practices, less required deductions and withholdings. Executive’s Base Salary will be pro-rated for any partial years of employment during the Employment Term. 

  
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 3.2 Annual Bonus. During the Employment Term, Executive will be
eligible to receive an annual performance bonus with a target amount equal to [______]% of the Base Salary (the “Target Bonus”). The amount of the annual bonus paid to Executive, if any, will be determined by the board
of directors of the Company (the “Board”) or its compensation committee in its discretion, which determination may be based on the achievement of both Company and individual performance objectives. In order to earn an annual
bonus payment, Executive must be employed by the Company on the last day of the period to which such bonus relates and at the time bonuses are paid, except as otherwise provided in Article IV. Executive’s bonus participation will be
subject to all the terms, conditions and restrictions of the applicable Company bonus plan, as amended from time to time. Any bonus paid to Executive will be subject to required deductions and withholdings. 

3.3 Company Benefits, Vacation. Executive will be entitled to participate in all employee retirement, welfare, insurance,
benefit and vacation programs of the Company as are in effect from time to time and in which other senior executives of the Company are eligible to participate, on substantially similar terms as such other senior executives, pursuant to the
governing plan documents. 
 3.4 Expenses. The Company will reimburse Executive for all reasonable and necessary
expenses incurred by Executive in connection with Executive’s performance of services on behalf of the Company. in accordance with applicable Company policies and guidelines as in effect from time to time. 

ARTICLE IV. 
 TERMINATION

 4.1 Termination of Employment. Executive’s employment with the Company hereunder may be terminated by the
Company or Executive, as applicable, without breach of this Agreement under the following circumstances: (a) the Company may terminate Executive’s employment with or without Cause at any time; (b) Executive may resign for Good Reason
or without Good Reason at any time; (c) Executive’s employment may be terminated, subject to a determination by the Board before any such termination, due to Executive’s Disability, and (d) Executive’s employment will
terminate automatically upon Executive’s death. Any termination of Executive’s employment by the Company or by Executive under this Article IV (other than in the case of Executive’s death) shall be
communicated by a written notice to the other party hereto and shall be effective on the date on which such notice is given, subject to the notice and cure periods required in the event of a termination for Cause or a resignation for Good Reason.

 4.2 Deemed Resignation. Upon a termination of Executive’s employment for any reason, Executive shall be deemed
to have resigned from all offices and directorships, if any, then held with the Company or any of its affiliates. Notwithstanding the foregoing, in the event that Executive continues to provide services to the Company as a consultant or member of
the Board following Executive’s termination of employment, Executive may continue to serve in such offices or directorships as then mutually agreed upon by Executive and the Company. 

  
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 ARTICLE V. 

SEVERANCE PAYMENTS AND BENEFITS 

5.1 General. Upon a termination of Executive’s employment for any reason, Executive (or Executive’s estate)
shall be entitled to receive Executive’s accrued but unpaid base salary or wages, accrued vacation pay, unreimbursed business expenses for which proper documentation is provided, and any other vested amounts and amounts earned by (but not yet
paid to) or owed to Executive under any applicable employee benefit plan of the Company in accordance with the terms thereof through and included the date of the termination of Executive’s employment (the “Accrued
Compensation”). 
 5.2 Covered Termination Outside of a Change in Control Period. In the event Executive
experiences a Covered Termination outside of the Change in Control Period, Executive will be entitled to receive Executive’s Accrued Compensation and, subject to the requirements of Section 5.5 with respect to Section 5.2(b) and
Section 5.2 (c) below, will be entitled to receive the following payments and benefits, payable as set forth in Section 5.4, in each case less required deductions and withholdings: 

(a) Statutory Notice or Termination Pay. The minimum payment of wages in lieu of notice (the “Statutory
Payment”) required under the Employment Standards Act. 
 (b) Cash Severance. An amount equal to
[                    ] months of Executive’s then-current Base Salary, less the amount of any Statutory Payment. 

(c) Prior Year Bonus. An amount equal to any annual bonus for any completed fiscal year, to the extent earned but not yet
paid at the time of such termination. 
 5.3 Covered Termination During a Change in Control Period. In the event
Executive experiences a Covered Termination during the Change in Control Period, Executive will be entitled to receive Executive’s Accrued Compensation and, subject to the requirements of Section 5.5 with respect to Section 5.3(b) and
Section 5.3 (c) below, will be entitled to receive the following payments and benefits, payable as set forth in Section 5.4, in each case less required deductions and withholdings: 

(a) Statutory Notice or Termination Pay. The minimum payment of wages in lieu of notice (the “Statutory
Payment”) required under the Employment Standards Act. 
 (b) Cash Severance. An amount equal to the sum of (i)
[                    ] months of Executive’s then-current Base Salary, plus
(ii) [                    ] percent of Executive’s Target Bonus for the then-current fiscal year, less the amount of any Statutory
Payment. 
 (c) Prior Year Bonus. An amount equal to any annual bonus for any completed fiscal year, to the extent
earned but not yet paid at the time of such termination 

  
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 (d) Equity Awards. Each outstanding and unvested equity award held by
Executive, including, without limitation, each outstanding stock option, restricted stock unit and share of restricted stock, will automatically become vested and, if applicable, exercisable, and any forfeiture restrictions or rights of repurchase
thereon will lapse, in each case with respect to 100% of the shares underlying such outstanding equity awards as of the date of such Covered Termination; provided that any performance-based vesting criteria will be treated in accordance with
the applicable award agreement or other applicable equity incentive plan governing the terms of such equity award; provided, further, that in the event that Executive experiences a Covered Termination following a Potential Change in
Control and before the consummation of a Change in Control, each outstanding and unvested equity award held by Executive shall cease vesting pursuant to its normal vesting schedule on the date of such Covered Termination, but shall not lapse or be
forfeited on such date, and instead such awards shall remain outstanding during the Change in Control Period, and in the event that a Change in Control subsequently occurs during the Change in Control Period, such awards shall become vested and, if
applicable, exercisable and any forfeiture restrictions or rights of repurchase thereon will lapse, in each case to the extent set forth in this Section 5.3(d) as if the Covered Termination occurred immediately following the Change in Control.

 5.4 Payment Timing; Mitigation. The amount described in Sections 5.2(a) or 5.3(a), as applicable, will be
payable as required by law. The amounts described in Sections 5.2(b) and (c) or 5.3(b) and (c), as applicable, shall be payable in a lump sum in the first payroll period immediately following the date the requirements of Section 5.5 are
satisfied, so long as such requirements are satisfied on or before the 60th day following the date of the Covered Termination; provided that, in the event the Executive experiences a
Covered Termination following a Potential Change in Control and before the consummation of a Change in Control, any amounts payable pursuant to Section 5.3(b) that have not been paid to Executive as of the date of the consummation of the Change
in Control shall be paid in a lump sum in the first payroll period immediately following the consummation of such Change in Control (or if later, the first payroll period immediately following the date the requirements of Section 5.5 are
satisfied), in each case so long as the requirements of Section 5.5 are satisfied on or before the 60th day following the date of the Covered Termination. Executive shall not be required to
mitigate the amount of any payments or benefits described in this Article V by seeking other employment or otherwise and no such payment shall be reduced by the amount of any compensation provided to Executive in any
subsequent employment. 
 5.5 Release. Executive will not be eligible for the payments and benefits described in
Section 5.2(b) and (c) or Section 5.3 (b) and (c) unless (i) Executive has executed and delivered to the Company a general release of all claims that Executive may have against the Company (or its successor) or persons affiliated
with the Company (or its successor) in a form acceptable to the Company (the “Release”), and such Release becomes effective on or before the 60th day following date of
the Covered Termination and (ii) Executive has not revoked or breached the provisions of such Release or breached the provisions of Article VI. In the event that Executive does not execute and deliver such Release, such Release does not
become effective and irrevocable within such period or Executive revokes or breaches the provisions of such Release or breaches the provisions of Article VI, Executive will not be entitled to the payments or benefits described in Sections
5.2(b) and (c) or 5.3 (b) and (c), and will be required to reimburse the Company, in cash within five business days after written demand is made by the Company therefore, for an amount equal to the value of any payments or benefits Executive
received pursuant to Sections 5.2 (b) and (c) or 5.3 (b) and (c). 

  
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 5.6 Death or Disability. If this Agreement is terminated or is
frustrated due to the Executive’s death or Disability, the Executive shall be paid only the minimum entitlement, if any, required by applicable employment standards legislation. 

5.7 No other payment or benefits. Other than as expressly provided for in this Article V, or as required by the minimum
requirements of applicable employment standards legislation, Executive will not be entitled to receive any further pay or compensation, severance pay, notice, payment in lieu of notice, incentives, bonuses, benefits or damages of any kind related to
the termination of this Agreement and the Executive’s employment hereunder. 
 ARTICLE VI 

COVENANTS 
 6.1
Employee Invention Assignment, Confidentiality, and Non-Competition Agreement. Executive acknowledges that Executive has executed, and remain subject to the terms of, the Company’s standard
Employee Invention Assignment, Confidentiality, and Non-Competition Agreement, a copy of which is attached hereto as Exhibit A. 

6.2 Cooperation. Executive agrees to reasonably cooperate with the Company during the term of Executive’s employment
hereunder and thereafter, at the Company’s sole expense relating to any travel or other out-of-pocket expenses incurred (and, in the case of any such cooperation
following the term of Executive’s employment hereunder, taking into account Executive’s availability and commitments to any subsequent employer or commercial endeavors), in connection with any governmental, regulatory, commercial, private
or other investigations, arbitrations, litigations or similar matters that may arise during the Employment Term, or in any way relate to events that occurred during the Employment Term. 

ARTICLE VII 
 GENERAL
PROVISIONS 
 7.1 Indemnification. The Company shall indemnify and hold harmless Executive, to the maximum extent
permitted by applicable law, against all costs, charges, expenses, claims and judgments incurred or sustained by Executive in connection with any action, suit or proceeding to which Executive may be made a party by reason of being, or agreeing to
be, an officer, director or employee of the Company or any subsidiary or affiliate of the Company. The Company shall provide directors and officers insurance for Executive in reasonable amounts. The Board shall determine, in its sole discretion, the
availability of insurance upon reasonable terms and the amount of such insurance coverage. 
 7.3 Withholding.
All amounts and benefits payable under this Agreement are subject to deduction and withholding to the extent required by applicable law. 

7.5 Notice. Any notices provided hereunder must be in writing and shall be deemed effective upon the earlier of
personal delivery or the third day after mailing by registered or certified mail, return receipt requested and postage prepaid, to the Company at its primary office location and to Executive at Executive’s address as listed on the Company
payroll. 

  
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 7.6 Severability. Whenever possible, each provision of this
Agreement will be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid or unenforceable in any respect under any applicable law or rule in any jurisdiction, such
invalidity or unenforceability will not affect any other provision or any other jurisdiction, but this Agreement will be reformed, construed and enforced in such jurisdiction as if such invalid or unenforceable provisions had never been contained
herein. 
 7.7 Choice of Law. All questions concerning the construction, validity and interpretation of this
Agreement will be governed by the law of the province of British Columbia regard to the conflict of law provisions thereof. 
 7.8
Dispute Resolution; Arbitration. Executive and the Company agree to submit to mandatory binding arbitration, in Vancouver, British Columbia, before a single neutral arbitrator, any and all claims arising out of or related to
this Agreement and Executive’s employment with the Company and the termination thereof, except that each party may, at its option, seek injunctive relief in court prior to such arbitration proceeding pursuant to applicable law. EXECUTIVE AND
THE COMPANY HEREBY WAIVE ANY RIGHTS TO TRIAL BY JURY IN REGARD TO SUCH CLAIMS. This agreement to arbitrate does not restrict Executive’s right to file administrative claims Executive may bring before any government agency where, as a matter of
law, the parties may not restrict Executive’s ability to file such claims. However, Executive and the Company agree that, to the fullest extent permitted by law, arbitration shall be the exclusive remedy for the subject matter of such
administrative claims. The arbitration shall be conducted pursuant to the Domestic Arbitration Rules of the Vancouver International Arbitration Centre. 

7.9 Successors. This Agreement is binding on and may be enforced by the Company and its successors and permitted
assigns and is binding upon and may be enforced by Executive and Executive’s heirs and legal representatives. Any successor to the Company or substantially all of its business (whether by purchase, merger, consolidation or otherwise) shall
assume and be bound by all of the Company’s obligations under this Agreement. 
 7.10 Survival. The provisions of
this Agreement shall survive the termination of Executive’s employment for any reason to the extent necessary to enable the parties to enforce their respective rights under this Agreement. 

7.11 Waiver. No waiver by either party of any breach of this Agreement by the other party will be considered a
waiver of any other breach of this Agreement. 
 7.12 Entire Agreement. This Agreement constitutes the entire
agreement between Executive and the Company with respect to the subject matter hereof, and supersedes all prior or contemporaneous offers, negotiations and agreements, whether written or oral, relating to such subject matter. This Agreement is
entered into without reliance on any promise or representation other than those expressly contained herein and may not be modified or amended except in a writing signed by Executive and an officer of the Company (other than Executive). 

[Signature Page Follows] 

  
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 In Witness Whereof, the parties have executed this Agreement as of the first date
written above. 
  

			
	CHINOOK THERAPEUTICS CANADA, INC.
	
	  

	Name:
	Title:


 ACCEPTED AND AGREED 
  

			
	  

	[NAME]	 	

 [SIGNATURE PAGE TO AGREEMENT] 












 EXHIBIT A 

EMPLOYEE INVENTION ASSIGNMENT, 

CONFIDENTIALITY, AND NON-COMPETITION AGREEMENT 












 EMPLOYEE INVENTION ASSIGNMENT, 

CONFIDENTIALITY, AND NON-COMPETITION AGREEMENT 

In consideration of, and as a condition of my employment with [Chinook Therapeutics, Inc., OR Chinook Therapeutics Canada, Inc.] a
[                    ] corporation with its principal offices in
[                    ] (the “Company”), I, as the “Employee” signing this Employee Invention
Assignment, Confidentiality and Non-Competition Agreement (this “Agreement”), hereby represent to the Company, and the Company and I hereby agree as follows: 

1.    Purpose of Agreement. I understand that the Company is engaged in a continuous program
of research, development, production and/or marketing in connection with its current and projected business and that it is critical for the Company to preserve and protect its proprietary information, its rights in certain inventions and works and
in related intellectual property rights. Accordingly, I am entering into this Agreement, whether or not I am expected to create inventions or other works of value for the Company. As used in this Agreement, “Inventions” means
inventions, improvements, designs, original works of authorship, formulas, processes, compositions of matter, computer software programs, databases, mask works, confidential information and trade secrets. 

2.    Disclosure of Inventions. I will promptly disclose in confidence to the Company, or to
any person designated by it, all Inventions that I make, create, conceive or first reduce to practice, either alone or jointly with others, during the period of my employment, whether or not in the course of my employment, and whether or not
patentable, copyrightable or protectable as trade secrets. 
 3.    Work for Hire; Assigned
Inventions. I acknowledge and agree that any copyrightable works prepared by me within the scope of my employment will be “works made for hire” under the Copyright Act and that the Company will be considered the author and
owner of such copyrightable works. I agree that all Inventions that I make, create, conceive or first reduce to practice during the period of my employment, whether or not in the course of my employment, and whether or not patentable, copyrightable
or protectable as trade secrets, and that (i) are developed using equipment, supplies, facilities or trade secrets of the Company; (ii) result from work performed by me for the Company; or (iii) relate to the Company’s business
or actual or demonstrably anticipated research or development (the “Assigned Inventions”), will be the sole and exclusive property of the Company. 

4.    Excluded Inventions and Other Inventions. Attached hereto as
Exhibit A is a list describing all existing Inventions, if any, that may relate to the Company’s business or actual or demonstrably anticipated research or development and that were made by me or acquired by me prior
to the Effective Date (as defined in Section 25, below), and which are not to be assigned to the Company (“Excluded Inventions”). If no such list is attached, I represent and agree that it is because I have no rights in
any existing Inventions that may relate to the Company’s business or actual or demonstrably anticipated research or development. For purposes of this Agreement, “Other Inventions” means Inventions in which I have or may
have an interest, as of the Effective Date or thereafter, other than Assigned Inventions and Excluded Inventions. I acknowledge and agree that if, in the scope of my employment, I use any Excluded Inventions or any Other Inventions or if I include
any Excluded Inventions or Other Inventions in any product 












 
or service of the Company or if my rights in any Excluded Inventions or Other Inventions may block or interfere with, or may otherwise be required for, the exercise by the Company of any rights
assigned to the Company under this Agreement, I will immediately so notify the Company in writing. Unless the Company and I agree otherwise in writing as to particular Excluded Inventions or Other Inventions, I hereby grant to the Company, in such
circumstances (whether or not I give the Company notice as required above), a perpetual, irrevocable, nonexclusive, transferable, world-wide, royalty-free license to use, disclose, make, sell, offer for sale, import, copy, distribute, modify and
create works based on, perform, and display such Excluded Inventions and Other Inventions, and to sublicense third parties in one or more tiers of sublicensees with the same rights. 

5.    [Exception to Assignment. I understand that the Assigned Inventions will not include,
and the provisions of this Agreement requiring assignment of inventions to the Company do not apply to, any invention that qualifies fully for exclusion under the provisions of Washington State law attached hereto as Exhibit B.] 

6.    Assignment of Rights. I agree to assign, and do hereby irrevocably transfer and assign,
to the Company: (i) all of my rights, title and interests in and with respect to any Assigned Inventions; (ii) all patents, patent applications, copyrights, mask works, rights in databases, trade secrets, and other intellectual property
rights, worldwide, in any Assigned Inventions, along with any registrations of or applications to register such rights; and (iii) to the extent assignable, any and all Moral Rights (as defined below) that I may have in or with respect to any
Assigned Inventions. I also hereby forever waive and agree never to assert any Moral Rights I may have in or with respect to any Assigned Inventions and any Excluded Inventions or Other Inventions licensed to the Company under Section 4, even
after termination of my employment with the Company. “Moral Rights” means any rights to claim authorship of a work, to object to or prevent the modification or destruction of a work, to withdraw from circulation or control
the publication or distribution of a work, and any similar right, regardless of whether or not such right is denominated or generally referred to as a “moral right.” Notwithstanding the foregoing, I will have the right to make accurate
claims in my resume of my participation in the development, creation, or modification of any Assigned Inventions the existence of which has been made public by the Company. 

7.    Assistance. I will assist the Company in every proper way to obtain and enforce for the
Company all patents, copyrights, mask work rights, trade secret rights and other legal protections for the Assigned Inventions, worldwide. I will execute and deliver any documents that the Company may reasonably request from me in connection with
providing such assistance. My obligations under this section will continue beyond the termination of my employment with the Company; provided that the Company agrees to compensate me at a reasonable rate after such termination for time and
expenses actually spent by me at the Company’s request in providing such assistance. I hereby appoint the Secretary of the Company as my attorney-in-fact to execute
documents on my behalf for this purpose. I agree that this appointment is coupled with an interest and will not be revocable. 

8.    Proprietary Information. I understand that my employment by the Company creates a
relationship of confidence and trust with respect to any information or materials of a confidential or secret nature that may be made, created or discovered by me or that may be 

  
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disclosed to me by the Company or a third party in relation to the business of the Company or to the business of any parent, subsidiary, affiliate, customer or supplier of the Company, or any
other party with whom the Company agrees to hold such information or materials in confidence (the “Proprietary Information”). Without limitation as to the forms that Proprietary Information may take, I acknowledge that
Proprietary Information may be contained in tangible material such as writings, drawings, samples, electronic media, or computer programs, or may be in the nature of unwritten knowledge or know-how.
Proprietary Information includes, but is not limited to, Assigned Inventions, marketing plans, product plans, designs, data, prototypes, specimens, test protocols, laboratory notebooks, business strategies, financial information, forecasts,
personnel information, contract information, customer and supplier lists, and the non-public names and addresses of the Company’s customers and suppliers, their buying and selling habits and special
needs. 
 9.    Confidentiality. At all times, both during my employment and after its
termination, and to the fullest extent permitted by law, I will keep and hold all Proprietary Information in strict confidence and trust. I will not use or disclose any Proprietary Information without the prior written consent of the Company in each
instance, except as may be necessary to perform my duties as an employee of the Company for the benefit of the Company. Upon termination of my employment with the Company, I will promptly deliver to the Company all documents and materials of any
nature pertaining to my work with the Company, and I will not take with me or retain in any form any documents or materials or copies containing any Proprietary Information. Nothing in this Section 9 or otherwise in this Agreement shall limit
or restrict in any way my immunity from liability for disclosing the Company’s trade secrets as specifically permitted by 18 U.S. Code Section 1833, the pertinent provisions of which are attached hereto as Exhibit C. 

10.    Physical Property. All documents, supplies, equipment and other physical property
furnished to me by the Company or produced by me or others in connection with my employment will be and remain the sole property of the Company. I will return to the Company all such items when requested by the Company, excepting only my personal
copies of records relating to my employment or compensation and any personal property I bring with me to the Company and designate as such. Even if the Company does not so request, I will upon termination of my employment return to the Company all
Company property, and I will not take with me or retain any such items. 
 11.    No Breach of Prior
Agreements. I represent that my performance of all the terms of this Agreement and my duties as an employee of the Company will not breach any invention assignment, proprietary information, confidentiality, non-competition, or other agreement with any former employer or other party. I represent that I will not bring with me to the Company or use in the performance of my duties for the Company any documents or materials
or intangibles of my own or of a former employer or third party that are not generally available for use by the public or have not been legally transferred to the Company. 

12.    “At Will” Employment. I understand that this
Agreement does not constitute a contract of employment or obligate the Company to employ me for any stated period of time. I understand that I am an “at will” employee of the Company and that my employment can be terminated at any time,
with or without notice and with or without cause, for any reason or for no 

  
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reason, by either the Company or by me. I acknowledge that any statements or representations to the contrary are ineffective, unless put into a writing signed by the Company. I further
acknowledge that my participation in any stock option or benefit program is not to be construed as any assurance of continuing employment for any particular period of time. 

13.    Company Opportunities; No Conflicting Activities. During the period of my employment, I
will at all times devote my best efforts to the interests of the Company, and I will not, without the prior written consent of the Company, engage in, or encourage or assist others to engage in, any other employment or activity that (i) would
divert from the Company any business opportunity in which the Company can reasonably be expected to have an interest; (ii) would directly compete with, or involve preparation to compete with, the current or future business of the Company; or
(iii) would otherwise conflict with the Company’s interests or could cause a disruption of its operations or prospects. I will disclose to the Company in writing any other gainful employment, business or activity that I am currently
associated with or participate in that competes with the Company. 

14.    [Non-Competition;]
Non-Solicitation. 

(a)    [Non-Competition. I understand that the Company’s
interests in protecting its investments, goodwill, and technologies make it reasonable for the Company to ask me to agree that I will not compete with the Company for a reasonable period after the termination of my employment for any reason, whether
voluntary or involuntary. Accordingly, and understanding that the Company’s business is potentially global in scope, I further agree that I will not, during the one (1) year period following the termination of my employment (the
“Post-Employment Period”), directly or indirectly, work for or provide service of any kind, as an employee, consultant, director, owner or in any other capacity, to any person or entity (including any business in planning or
formation) that is or intends to be competitive with, or is engaged in the design, development, manufacture, production, marketing, sale or servicing of any product or the provision of any service that relates in any way to the business then being
conducted or planned by the Company and any of its subsidiary or affiliated entities. It will not be deemed to be a violation of this Section 14(a) for me to make or hold either of the following investments: (a) ownership, as a passive
investor, of up to two percent (2%) of any publicly traded company; or (b) an equity interest of up to two percent (2%) in any venture capital fund or other investment vehicle that makes investments in early stage companies so long as I do not
participate in or influence the investment decision process of such fund or vehicle. I acknowledge and agree that (i) I received this Agreement at or prior to the time I received my formal offer of employment from the Company, and
(ii) this Section 14(a) shall apply to me, and be enforceable by the Company, upon the termination of my employment for any reason only if the annualized cash earnings paid to me by the Company in the year or portion thereof prior to my
termination exceed $100,000.] 
 (b)    Non-Solicitation of
Employees/Consultants. During my employment with the Company and the Post-Employment Period, I will not directly or indirectly solicit away employees or consultants of the Company for my own benefit or for the benefit of any other person or
entity, nor will I encourage or assist others to do so. I acknowledge and agree that even after the expiration of the Post-Employment Period, I will not solicit (or encourage or assist others to solicit) away any employees or consultants of the
Company if, in so doing, I use or disclose any trade secrets or other Proprietary Information of the Company. 

  
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(c)    Non-Solicitation of Suppliers/Customers. During my
employment with the Company and the Post-Employment Period, I will not directly or indirectly solicit or otherwise take away customers or suppliers of the Company or otherwise divert or attempt to divert business away from the Company, nor will I
encourage or assist others to do so. I acknowledge and agree that even after the expiration of the Post-Employment Period, I will not solicit (or encourage or assist others to solicit) any customers or suppliers of the Company if, in so doing, I use
or disclose any trade secrets or other Proprietary Information of the Company. 

(d)    Reasonableness. I acknowledge that the post-employment restrictions on competition and
solicitation in this Section 14 are reasonable and necessary in light of the Company’s need to protect its trade secrets and other Proprietary Information and the goodwill of the Company’s business. 

15.    Use of Name & Likeness. I hereby authorize the
Company to use, reuse, and to grant others the right to use and reuse, my name, photograph, likeness (including caricature), voice, and biographical information, and any reproduction or simulation thereof, in any form of media or technology now
known or hereafter developed, both during and after my employment, for any purposes related to the Company’s business, such as marketing, advertising, credits, and presentations. 

16.    Notification. I hereby authorize the Company, during and after the termination of my
employment with the Company, to notify third parties, including, but not limited to, actual or potential customers or employers, of the terms of this Agreement and my responsibilities hereunder. 

17.    Injunctive Relief. I understand that a breach or threatened breach of this Agreement by
me may cause the Company to suffer irreparable harm and that the Company will therefore be entitled to injunctive relief to enforce this Agreement. 

18.    Governing Law; Severability. This Agreement is intended to supplement, and not to
supersede, any rights the Company may have in law or equity with respect to the duties of its employees and the protection of its trade secrets. This Agreement will be governed by and construed in accordance with the laws of
[                    ], without giving effect to any principles of conflict of laws that would lead to the application of the laws of another
jurisdiction. If any provision of this Agreement is invalid, illegal or unenforceable in any respect, such provision will be enforced to the maximum extent possible, given the fundamental intentions of the parties when entering into this Agreement.
To the extent such provision cannot be so enforced, it will be stricken from this Agreement and the remainder of this Agreement will be enforced as if such invalid, illegal or unenforceable provision had never been contained in this Agreement. 

19.    [Arbitration and Class Action Waiver: The Company and I agree to submit to
mandatory binding arbitration any and all claims arising out of or related to my employment with the Company and the termination thereof, including, but not limited to, claims for unpaid wages, wrongful termination, torts, stock or stock options or
other ownership interest in the Company, 

  
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and/or discrimination (including harassment) based upon any federal, state or local ordinance, statute, regulation or constitutional provision except that each party may, at its, his or her
option, seek injunctive relief in court related to the improper use, disclosure or misappropriation of a party’s private, proprietary, confidential or trade secret information (collectively, “Arbitrable Claims”).
Further, to the fullest extent permitted by law, the Company and I agree that no class or collective actions can be asserted in arbitration or otherwise. All claims, whether in arbitration or otherwise, must be brought solely in my or the
Company’s individual capacity, and not as a plaintiff or class member in any purported class or collective proceeding. Nothing in this Arbitration and Class Action Waiver section, however, restricts my
right to pursue claims in court: (a) on a representative action under applicable law, or (b) arising under the Washington State Law Against Discrimination (RCW 49.60, et seq.) or any
federal anti-discrimination law.  
 SUBJECT TO THE ABOVE PROVISO, THE PARTIES HEREBY WAIVE ANY RIGHTS THEY MAY HAVE TO TRIAL
BY JURY IN REGARD TO ARBITRABLE CLAIMS. THE PARTIES FURTHER WAIVE ANY RIGHTS THEY MAY HAVE TO PURSUE OR PARTICIPATE IN A CLASS OR COLLECTIVE ACTION PERTAINING TO ANY CLAIMS BETWEEN YOU AND THE COMPANY. 

This agreement to arbitrate does not restrict my right to file administrative claims I may bring before any government agency where, as a
matter of law, the parties may not restrict the employee’s ability to file such claims (including, but not limited to, the National Labor Relations Board, the Equal Employment Opportunity Commission and the Department of Labor). However, the
parties agree that, to the fullest extent permitted by law, arbitration shall be the exclusive remedy for the subject matter of such administrative claims, except for the resolution of claims of discrimination. The arbitration shall be conducted in
Seattle, Washington through JAMS before a single neutral arbitrator, in accordance with the JAMS employment arbitration rules then in effect. The JAMS rules may be found and reviewed at http://www.jamsadr.com/rules-employment-arbitration. If you are
unable to access these rules, please let me know and I will provide you with a hardcopy. The arbitrator shall issue a written decision that contains the essential findings and conclusions on which the decision is based. If, for any reason, any term
of this Arbitration and Class Action Waiver provision is held to be invalid or unenforceable, all other valid terms and conditions herein shall be severable in nature, and remain fully enforceable.] 

20.    Counterparts. This Agreement may be executed in any number of counterparts, each of
which when so executed and delivered will be deemed an original, and all of which together will constitute one and the same agreement. 

21.    Entire Agreement. This Agreement and the documents referred to herein constitute the
entire agreement and understanding of the parties with respect to the subject matter of this Agreement, and supersede all prior understandings and agreements, whether oral or written, between the parties hereto with respect to such subject matter.

 22.    Amendment and Waiver. This Agreement may be amended only by a written agreement executed
by each of the parties to this Agreement. No amendment or waiver of, or modification of any obligation under, this Agreement will be enforceable unless specifically set 

  
 6 













 
forth in a writing signed by the party against which enforcement is sought. A waiver by either party of any of the terms and conditions of this Agreement in any instance will not be deemed or
construed to be a waiver of such term or condition with respect to any other instance, whether prior, concurrent or subsequent. 

23.    Successors and Assigns; Assignment. Except as otherwise provided in this Agreement,
this Agreement, and the rights and obligations of the parties hereunder, will bind and benefit the parties and their respective successors, assigns, heirs, executors, administrators, and legal representatives. The Company may assign any of its
rights and obligations under this Agreement. I understand that I will not be entitled to assign or delegate this Agreement or any of my rights or obligations hereunder, whether voluntarily or by operation of law, except with the prior written
consent of the Company. 
 24.    Further Assurances. The parties will execute such further
documents and instruments and take such further actions as may be reasonably necessary to carry out the purposes and intent of this Agreement. Upon termination of my employment with the Company, I will execute and deliver a document or documents in
a form reasonably requested by the Company confirming my agreement to comply with the post-employment obligations contained in this Agreement. 

  
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 25.    Acknowledgement. I certify and
acknowledge that I have carefully read all of the provisions of this Agreement and that I understand and will fully and faithfully comply with this Agreement. 

26.    Effective Date of Agreement. This Agreement is and will be effective on and after the first
day of my employment by the Company, which is                     ,              (the
“Effective Date”). 
  

							
	Company:	  		  	Employee:
				
	 By:
	  	  
	  		  	  

		  		  		  	Signature
				
	 Name:
	  	  
	  		  	  

		  		  		  	Name (Please Print)
				
	 Title:
	  	  
	  		  	


  
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 Exhibit A 

LIST OF EXCLUDED INVENTIONS UNDER SECTION 3 
  

					
	 Title
	  	 Date
	  	 Identifying Number

or Brief Description

		  		  	
		  		  	
		  		  	
		  		  	
		  		  	
		  		  	
		  		  	
		  		  	
		  		  	

              No inventions, improvements, or original works
of authorship 
              Additional sheets attached 

Signature of Employee:
                                         

 Print Name of Employee:
                                      

Date:
                                         
                             












 [Exhibit B 

NOTICE: 
 RCW 49.44.140 of the Revised
Code of Washington provides as follows: 
 (1) A provision in an employment agreement which provides that an employee shall assign or offer
to assign any of the employee’s rights in an invention to the employer does not apply to an invention for which no equipment, supplies, facilities, or trade secret information of the employer was used and which was developed entirely on the
employee’s own time, unless (a) the invention relates (i) directly to the business of the employer, or (ii) to the employer’s actual or demonstrably anticipated research or development, or (b) the invention results from
any work performed by the employee for the employer. Any provision which purports to apply to such an invention is to that extent against the public policy of this state and is to that extent void and unenforceable. 

(2) An employer shall not require a provision made void and unenforceable by subsection (1) of this section as a condition of employment
or continuing employment. 
 (3) If an employment agreement entered into after September 1, 1979, contains a provision requiring the
employee to assign any of the employee’s rights in any invention to the employer, the employer must also, at the time the agreement is made, provide a written notification to the employee that the agreement does not apply to an invention for
which no equipment, supplies, facility, or trade secret information of the employer was used and which was developed entirely on the employee’s own time, unless (a) the invention relates (i) directly to the business of the employer,
or (ii) to the employer’s actual or demonstrably anticipated research or development, or (b) the invention results from any work performed by the employee for the employer.] 












 Exhibit C 

DEFEND TRADE SECRETS ACT, 18 U.S. CODE § 1833 NOTICE: 

18 U.S. Code Section 1833 provides as follows: 

Immunity From Liability For Confidential Disclosure Of A Trade Secret To The Government Or In A Court Filing. An individual shall not be
held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a trade secret that (A) is made, (i) in confidence to a Federal, State, or local government official, either directly or indirectly, or to
an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (B) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. 

Use of Trade Secret Information in Anti-Retaliation Lawsuit. An individual who files a lawsuit for retaliation by an employer for
reporting a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual (A) files any document containing the trade secret under
seal; and (B) does not disclose the trade secret, except pursuant to court order.