Exhibit 10.9(a)


 


EARLY
EXERCISE FORM


 


NOTICE OF STOCK OPTION GRANT


 


Giddy
Inc.


 


2013
Equity Incentive Plan


 


The Optionee named below (“Optionee”)
has been granted an option (this “Option”) to purchase shares of Common Stock, $0.00001 par value per share
(the “Common Stock”), of Giddy Inc., a Delaware corporation (the “Company”), pursuant
to the Company’s 2013 Equity Incentive Plan, as amended from time to time (the “Plan”) on the terms, and
subject to the conditions, described below and in the Stock Option Agreement attached hereto as Exhibit A, including
its annexes (the “Stock Option Agreement”).


 


	Optionee:	[See eShares]
	Maximum Number of Shares Subject to this Option (the “Shares”):	[See eShares]
	Exercise Price Per Share:	[See eShares]
	Date of Grant:	[See eShares]
	Vesting Start Date:	[See eShares]
	Exercise Schedule:	This Option is immediately exercisable for all of the Shares, subject to the terms of the Stock Option Agreement
	Expiration Date:	The date ten (10) years after the Date of Grant set forth above, subject to earlier expiration in the event of Termination as provided in Section 3 of the Stock Option Agreement.
	
    Tax Status of Option:
	[See eShares]


 


Vesting Schedule:     [See
eShares]


 


General; Agreement: By Optionee’s
acceptance of this Option, Optionee and the Company agree that this Option is granted under and governed by this Notice of Stock Option
Grant (this “Grant Notice”) and by the provisions of the Plan and the Stock Option Agreement. The Plan and the
Stock Option Agreement are incorporated herein by reference. Capitalized terms used but not defined herein shall have the meanings given
to them in the Plan or in the Stock Option Agreement, as applicable. By acceptance of this Option, Optionee acknowledges receipt of a
copy of this Grant Notice, the Plan and the Stock Option Agreement, represents that Optionee has carefully read and is familiar with their
provisions, and hereby accepts the Option subject to all of their respective terms and conditions. Optionee acknowledges that there may
be adverse tax consequences upon exercise of the Option or disposition of the Shares and that Optionee should consult a tax adviser prior
to such exercise or disposition.


 


Execution and Delivery: This Grant Notice
may be executed and delivered electronically whether via the Company’s intranet or the Internet site of a third party or via email
or any other means of electronic delivery specified by the Company. By Optionee’s acceptance hereof (whether written, electronic
or otherwise), Optionee agrees, to the fullest extent permitted by law, that in lieu of receiving documents in paper format, Optionee
accepts the electronic delivery of any documents that the Company (or any third party the Company may designate), may deliver in connection
with this grant (including the Plan, this Grant Notice, the Stock Option Agreement, the information described in Rules 701(e)(2),
(3), (4) and (5) under the Securities Act (the “701 Disclosures”), account statements, or other communications
or information) whether via the Company’s intranet or the Internet site of such third party or via email or such other means of
electronic delivery specified by the Company.


 


Attachment:     Exhibit A
 – Stock Option Agreement


 






    


     


    

 


Exhibit A


 


Stock Option Agreement


 






    


     


    

 


EXHIBIT A


EARLY
EXERCISE FORM



 


STOCK
OPTION AGREEMENT


 


Giddy
Inc.


 


2013
Equity Incentive Plan


 


This Stock Option Agreement
(this “Agreement”) is made and entered into as of the date of grant (the “Date of Grant”)
set forth on the Notice of Stock Option Grant attached as the facing page to this Agreement (the “Grant Notice”)
by and between Giddy Inc., a Delaware corporation (the “Company”), and the optionee named on the Grant Notice
(the “Optionee”). Capitalized terms not defined in this Agreement shall have the meaning ascribed to them in
the Company’s 2013 Equity Incentive Plan, as amended from time to time (the “Plan”), or in the Grant Notice,
as applicable.


 


1.            Grant
of Option. The Company hereby grants to Optionee an option (this “Option”) to purchase up to the
total number of shares of Common Stock of the Company, $0.00001 par value per share (the “Common Stock”), set
forth in the Grant Notice as the Shares (the “Shares”) at the Exercise Price Per Share set forth in the Grant
Notice (the “Exercise Price”), subject to all of the terms and conditions of the Grant Notice, this Agreement
and the Plan. If designated as an Incentive Stock Option in the Grant Notice, this Option is intended to qualify as an incentive stock
option (the “ISO”) within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the
 “Code”), except that if on the Date of Grant Optionee is not subject to U.S. income tax, then this Option shall
be a NQSO.


 


2.            Exercise
Period.


 


2.1.            Exercise
Period of Option. Subject to the conditions set forth in this Agreement, all or part of this Option may be exercised at any time
after the Date of Grant. Shares purchased by exercising this Option may be subject to the Repurchase Option as set forth in Section 7
below. This Option will become vested during its term as to portions of the Shares in accordance with the Vesting Schedule set forth in
the Grant Notice. Notwithstanding any provision in the Plan or this Agreement to the contrary, on or after Optionee’s Termination
Date, this Option may not be exercised with respect to any Shares that are Unvested Shares on Optionee’s Termination Date.


 


2.2.            Vesting
of Option Shares. Shares with respect to which this Option is vested at a given time pursuant to the Vesting Schedule set forth
in the Grant Notice are “Vested Shares.” Shares with respect to which this Option is not vested at a
given time pursuant to the Vesting Schedule set forth in the Grant Notice are “Unvested Shares.”


 


2.3.            Expiration.
The Option shall expire on the Expiration Date set forth in the Grant Notice or earlier as provided in Section 3 below.


 


3.            Termination.


 


3.1.            Termination
for Any Reason Except Death, Disability or Cause. Except as provided in subsection 3.2 in a case in which Optionee dies within
three (3) months after Optionee is Terminated other than for Cause, if Optionee is Terminated for any reason (other than Optionee’s
death or Disability or for Cause), then (a) on and after Optionee’s Termination Date, this Option shall expire immediately
with respect to any Shares that are Unvested Shares and may not be exercised with respect to any Shares that are Unvested Shares on Optionee’s
Termination Date and (b) this Option to the extent (and only to the extent) that it is exercisable with respect to Vested Shares
on Optionee’s Termination Date, may be exercised by Optionee no later than three (3) months after Optionee’s Termination
Date (but in no event may this Option be exercised after the Expiration Date).


 






    


     


    

 


3.2.            Termination
Because of Death or Disability. If Optionee is Terminated because of Optionee’s death or Disability (or if Optionee dies
within three (3) months of the date of Optionee’s Termination for any reason other than for Cause), then (a) on and after
Optionee’s Termination Date, this Option shall expire immediately with respect to any Shares that are Unvested Shares and may not
be exercised with respect to any Shares that are Unvested Shares on Optionee’s Termination Date and (b) this Option, to the
extent (and only to the extent) that it is exercisable with respect to Vested Shares on Optionee’s Termination Date, may be exercised
by Optionee (or Optionee’s legal representative) no later than twelve (12) months after Optionee’s Termination Date, but in
no event later than the Expiration Date. Any exercise of this Option beyond (i) three (3) months after the date Optionee ceases
to be an employee when Optionee’s Termination is for any reason other than Optionee’s death or disability, within the meaning
of Section 22(e)(3) of the Code; or (ii) twelve (12) months after the date Optionee ceases to be an employee when the termination
is for Optionee’s disability, within the meaning of Section 22(e)(3) of the Code, is deemed to be an NQSO.


 


3.3.            Termination
for Cause. If Optionee is Terminated for Cause, then Optionee may exercise this Option, but only with respect to any Shares that
are Vested Shares on Optionee’s Termination Date, and this Option shall expire on Optionee’s Termination Date, or at such
later time and on such conditions as may be affirmatively determined by the Committee. On and after Optionee’s Termination Date,
this Option shall expire immediately with respect to any Shares that are Unvested Shares and may not be exercised with respect to any
Shares that are Unvested Shares on Optionee’s Termination Date.


 


3.4.            No
Obligation to Employ. Nothing in the Plan or this Agreement shall confer on Optionee any right to continue in the employ of, or
other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent
or Subsidiary of the Company to terminate Optionee’s employment or other relationship at any time, with or without Cause.


 


4.            Manner
of Exercise.


 


4.1.            Stock
Option Exercise Notice and Agreement. To exercise this Option, Optionee (or in the case of exercise after Optionee’s death
or incapacity, Optionee’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company an executed
Stock Option Exercise Notice and Agreement in the form attached hereto as Annex A, or in such other form as may be
approved by the Committee from time to time (the “Exercise Agreement”) and payment for the shares being purchased
in accordance with this Agreement. The Exercise Agreement shall set forth, among other things, (i) Optionee’s election to exercise
this Option, (ii) the number of Shares being purchased, (iii) any representations, warranties and agreements regarding Optionee’s
investment intent and access to information as may be required by the Company to comply with applicable securities laws in connection
with any exercise of this Option, (iv) any other agreements required by the Company and (v) Optionee’s obligation to execute
and deliver certain Stock Powers and Assignments Separate from Stock Certificate. If someone other than Optionee exercises this Option,
then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise
this Option and such person shall be subject to all of the restrictions contained herein as if such person were Optionee.


 


4.2.            Limitations
on Exercise. This Option may not be exercised unless such exercise is in compliance with all applicable federal and state securities
laws, as they are in effect on the date of exercise.


 






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4.3.            Payment.
 The Exercise Agreement shall be accompanied by full payment of the Exercise Price for the shares being purchased in cash (by check
or wire transfer), or where permitted by law:


 


(a)            by
cancellation of indebtedness of the Company owed to Optionee;


 


(b)            by
surrender of shares of the Company that are free and clear of all security interests, pledges, liens, claims or encumbrances and: (i) for
which the Company has received “full payment of the purchase price” within the meaning of SEC Rule 144 (and, if such
shares were purchased from the Company by use of a promissory note, such note has been fully paid with respect to such shares) or (ii) that
were obtained by Optionee in the public market;


 


(c)            by
participating in a formal cashless exercise program implemented by the Committee in connection with the Plan;


 


(d)            provided
that a public market for the Common Stock exists, subject to compliance with applicable law, by exercising as set forth below, through
a “same day sale” commitment from Optionee and a broker-dealer whereby Optionee irrevocably elects to exercise this Option
and to sell a portion of the Shares so purchased sufficient to pay the total Exercise Price, and whereby the broker-dealer irrevocably
commits upon receipt of such Shares to forward the total Exercise Price directly to the Company; or


 


(e)            by
any combination of the foregoing or any other method of payment approved by the Committee that constitutes legal consideration for the
issuance of Shares.


 


4.4.            Tax
Withholding. Prior to the issuance of the Shares upon exercise of the Option, Optionee must pay or provide for any applicable
federal, state and local withholding obligations of the Company. If the Committee permits, Optionee may provide for payment of withholding
taxes upon exercise of the Option by requesting that the Company retain the minimum number of Shares with a Fair Market Value equal to
the minimum amount of taxes required to be withheld; or to arrange a mandatory “sell to cover” on Participant’s behalf
(without further authorization); but in no event will the Company withhold Shares or “sell to cover” if such withholding would
result in adverse accounting consequences to the Company. In case of stock withholding or a sell to cover, the Company shall issue the
net number of Shares to the Optionee by deducting the Shares retained from the Shares issuable upon exercise.


 


4.5.            Issuance
of Shares. Provided that the Exercise Agreement and payment are in form and substance satisfactory to counsel for the Company,
the Company shall issue the Shares issuable upon a valid exercise of this Option registered in the name of Optionee, Optionee’s
authorized assignee, or Optionee’s legal representative, and shall deliver certificates representing the Shares with the appropriate
legends affixed thereto.


 


5.            Compliance with Laws and Regulations.
The Plan and this Agreement are intended to comply with Section 25102(o) and Rule 701. Any provision of this Agreement
that is inconsistent with Section 25102(o) or Rule 701 shall, without further act or amendment by the Company or the Committee,
be reformed to comply with the requirements of Section 25102(o) and/or Rule 701. The exercise of this Option and the issuance
and transfer of Shares shall be subject to compliance by the Company and Optionee with all applicable requirements of federal and state
securities laws and with all applicable requirements of any stock exchange on which the Common Stock may be listed at the time of such
issuance or transfer. Optionee understands that the Company is under no obligation to register or qualify the Shares with the SEC, any
state securities commission or any stock exchange to effect such compliance.


 


6.            Nontransferability of Option.
This Option may not be transferred in any manner other than by will or by the laws of descent and distribution, and, with respect to NQSOs,
by instrument to a testamentary trust in which the options are to be passed to beneficiaries upon the death of the trustor (settlor) or
a revocable trust, or by gift to “immediate family” as that term is defined in 17 C.F.R. 240.16a-1(e), and may be exercised
during the lifetime of Optionee only by Optionee or in the event of Optionee’s incapacity, by Optionee’s legal representative.
The terms of this Option shall be binding upon the executors, administrators, successors and assigns of Optionee.


 






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7.            COMPANY’S
REPURCHASE OPTION FOR UNVESTED SHARES. If Optionee is Terminated for any reason, or no reason, including without limitation, Optionee’s
death, Disability, voluntary resignation or termination by the Company with or without Cause, then the Company and/or its assignee(s) shall
have the option to repurchase all or a portion of the Optionee’s Unvested Shares (as defined in Section 2.2 of this Agreement)
as of the Termination Date on the terms and conditions set forth in this Section 7 (the “Repurchase Option”).


 


7.1.            Termination
and Termination Date. In case of any dispute as to whether Optionee is Terminated, the Committee shall have discretion to determine
whether Optionee has been Terminated and the effective date of such Termination (the “Termination Date”).


 


7.2.            Exercise
of Repurchase Option. Subject to the foregoing provisions of this Section, at any time within ninety (90) days after the Optionee’s
Termination Date (or, in the case of securities issued upon exercise of this Option after the Optionee’s Termination Date, within
ninety (90) days after the date of such exercise), the Company and/or its assignee(s), may elect to repurchase any or all the Optionee’s
Unvested Shares by giving Optionee written notice of exercise of the Repurchase Option.


 


7.3.            Calculation
of Repurchase Price for Unvested Shares. The Company or its assignee shall have the option to repurchase from Optionee (or from
Optionee’s personal representative as the case may be) the Unvested Shares at the Optionee’s Exercise Price, as such may be
proportionately adjusted for any stock split or similar change in the capital structure of the Company as set forth in Section 2.2
of the Plan (the “Repurchase Price”).


 


7.4.            Payment
of Repurchase Price. The Repurchase Price shall be payable, at the option of the Company or its assignee, by check or by cancellation
of all or a portion of any outstanding indebtedness owed by Optionee to the Company and/or such assignee, or by any combination
thereof. The Repurchase Price shall be paid without interest within the term of the Repurchase Option as described in Section 7.2.


 


7.5.            Right
of Termination Unaffected. Nothing in this Agreement shall be construed to limit or otherwise affect in any manner whatsoever
the right or power of the Company (or any Parent or Subsidiary of the Company) to terminate Optionee’s employment or other relationship
with Company (or any Parent or Subsidiary of the Company) at any time, for any reason or no reason, with or without Cause.


 


8.            RESTRICTIONS
ON TRANSFER.


 


8.1.            Disposition
of Shares. Optionee hereby agrees that Optionee shall make no disposition of any of the Shares (other than as permitted by this
Agreement) unless and until:


 


(a)            Optionee
shall have notified the Company of the proposed disposition and provided a written summary of the terms and conditions of the proposed
disposition;


 


(b)            Optionee
shall have complied with all requirements of this Agreement applicable to the disposition of the Shares;


 


(c)            Optionee
shall have provided the Company with written assurances, in form and substance satisfactory to counsel for the Company, that (i) the
proposed disposition does not require registration of the Shares under the Securities Act or under any applicable state securities laws
or (ii) all appropriate actions necessary for compliance with the registration requirements of the Securities Act or of any exemption
from registration available under the Securities Act (including Rule 144) or applicable state securities laws have been taken; and


 






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(d)            Optionee
shall have provided the Company with written assurances, in form and substance satisfactory to the Company, that the proposed disposition
will not result in the contravention of any transfer restrictions applicable to the Shares pursuant to the provisions of the regulations
promulgated under Section 25102(o), Rule 701 or under any other applicable securities laws or adversely affect the Company’s
ability to rely on the exemption(s) from registration under the Securities Act or under any other applicable securities laws for
the grant of the Option, the issuance of Shares thereunder or any other issuance of securities under the Plan.


 


8.2.            Restriction
on Transfer. Optionee shall not transfer, assign, grant a lien or security interest in, pledge, hypothecate, encumber or otherwise
dispose of any of the Shares which are subject to the Company’s Repurchase Option or the Right of First Refusal described below,
except as permitted by this Agreement.


 


8.3.            Transferee
Obligations.  Each person (other than the Company) to whom the Shares are transferred by means of one of the permitted transfers
specified in this Agreement must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Company that
such person is bound by the provisions of this Agreement and that the transferred Shares are subject to (i) both the Company’s
Repurchase Option and the Company’s Right of First Refusal granted hereunder and (ii) the market stand-off provisions of Section 9
below, to the same extent such Shares would be so subject if retained by Optionee.


 


9.            MARKET
STANDOFF AGREEMENT. Optionee agrees that, subject to any early release provisions that apply pro rata to stockholders of the Company
according to their holdings of Common Stock (determined on an as-converted into Common Stock basis), Optionee will not, if requested by
the managing underwriter(s) in the initial underwritten sale of Common Stock of the Company to the public pursuant to a registration
statement filed with, and declared effective by, the SEC under the Securities Act (the “IPO”), for a period
of up to one hundred eighty (180) days following the effective date of the registration statement relating to such IPO, directly or indirectly
sell, offer to sell, grant any option for the sale of, or otherwise dispose of any Common Stock or securities convertible into Common
Stock, except for: (i) transfers of Shares permitted under Section 10.6 hereof so long as such transferee furnishes to
the Company and the managing underwriter their written consent to be bound by this Section 9 as a condition precedent to such transfer;
and (ii) sales of any securities to be included in the registration statement for the IPO. For the avoidance of doubt, the provisions
of this Section shall only apply to the IPO. The restricted period shall in any event terminate two (2) years after the closing
date of the IPO. In order to enforce the foregoing covenant, the Company shall have the right to place restrictive legends on the certificates
representing the Shares subject to this Section and to impose stop transfer instructions with respect to the Shares until the end
of such period. Optionee further agrees to enter into any agreement reasonably required by the underwriters to implement the foregoing
restrictions on transfer. For the avoidance of doubt, the foregoing provisions of this Section shall not apply to any registration
of securities of the Company (a) under an employee benefit plan or (b) in a merger, consolidation, business combination or similar
transaction.


 


10.            COMPANY’S
RIGHT OF FIRST REFUSAL. Optionee shall not have any of the rights of a stockholder with respect to any Shares unless and until such
Shares are issued to Optionee. Unvested Shares may not be sold or otherwise transferred, or pledged by Optionee or made subject to a security
interest, pledge or other lien without the Company’s prior written consent, which may be withheld in the Company’s sole and
absolute discretion. Before any Vested Shares held by Optionee or any transferee of such Vested Shares (either sometimes referred to herein
as the “Holder”) may be sold or otherwise transferred (including, without limitation, a transfer by gift or
operation of law), the Company and/or its assignee(s) will have a right of first refusal to purchase the Vested Shares to be sold
or transferred (the “Offered Shares”) on the terms and conditions set forth in this Section (the “Right
of First Refusal”).


 






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10.1.            Notice
of Proposed Transfer. The Holder of the Offered Shares will deliver to the Company a written notice (the “Notice”)
stating: (i) the Holder’s bona fide intention to sell or otherwise transfer the Offered Shares; (ii) the name and address
of each proposed purchaser or other transferee (the “Proposed Transferee”); (iii) the number of Offered
Shares to be transferred to each Proposed Transferee; (iv) the bona fide cash price or other consideration for which the Holder proposes
to transfer the Offered Shares (the “Offered Price”); and (v) that the Holder acknowledges this Notice
is an offer to sell the Offered Shares to the Company and/or its assignee(s) pursuant to the Company’s Right of First Refusal
at the Offered Price as provided for in this Agreement.


 


10.2.            Exercise
of Right of First Refusal. At any time within thirty (30) days after the date of the Notice, the Company and/or its assignee(s) may,
by giving written notice to the Holder, elect to purchase all (or, with the consent of the Holder, less than all) the Offered Shares proposed
to be transferred to any one or more of the Proposed Transferees named in the Notice, at the purchase price, determined as specified below.


 


10.3.            Purchase
Price. The purchase price for the Offered Shares purchased under this Section will be the Offered Price, provided
that if the Offered Price consists of no legal consideration (as, for example, in the case of a transfer by gift) then the purchase price
will be the fair market value of the Offered Shares as determined in good faith by the Committee. If the Offered Price includes consideration
other than cash, then the value of the non-cash consideration, as determined in good faith by the Committee, will conclusively be deemed
to be the cash equivalent value of such non-cash consideration.


 


10.4.            Payment.
Payment of the purchase price for the Offered Shares will be payable, at the option of the Company and/or its assignee(s) (as applicable),
by check or by cancellation of all or a portion of any outstanding purchase money indebtedness owed by the Holder to the Company (or to
such assignee, in the case of a purchase of Offered Shares by such assignee) or by any combination thereof. The purchase price will be
paid without interest within sixty (60) days after the Company’s receipt of the Notice, or, at the option of the Company and/or
its assignee(s), in the manner and at the time(s) set forth in the Notice.


 


10.5.            Holder’s
Right to Transfer. If all of the Offered Shares proposed in the Notice to be transferred to a given Proposed Transferee are not
purchased by the Company and/or its assignee(s) as provided in this Section, then the Holder may sell or otherwise transfer such
Offered Shares to each Proposed Transferee at the Offered Price or at a higher price, provided that (i) such sale or
other transfer is consummated within ninety (90) days after the date of the Notice, (ii) any such sale or other transfer is effected
in compliance with all applicable securities laws, and (iii) each Proposed Transferee agrees in writing that the provisions of this
Section will continue to apply to the Offered Shares in the hands of such Proposed Transferee. If the Offered Shares described in
the Notice are not transferred to each Proposed Transferee within such ninety (90) day period, then a new Notice must be given to the
Company pursuant to which the Company will again be offered the Right of First Refusal before any Shares held by the Holder may be sold
or otherwise transferred.


 






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10.6.            Exempt
Transfers. Notwithstanding anything to the contrary in this Section, the following transfers of Vested Shares will be exempt from
the Right of First Refusal: (i) the transfer of any or all of the Vested Shares during Optionee’s lifetime by gift or on Optionee’s
death by will or intestacy to any member(s) of Optionee’s “Immediate Family” (as defined below) or to a trust for
the benefit of Optionee and/or member(s)  of Optionee’s Immediate Family, provided that each transferee or other
recipient agrees in a writing satisfactory to the Company that the provisions of this Section will continue to apply to the transferred
Vested Shares in the hands of such transferee or other recipient; (ii) any transfer of Vested Shares made pursuant to a statutory
merger, statutory consolidation of the Company with or into another corporation or corporations or a conversion of the Company into another
form of legal entity (except that the Right of First Refusal will continue to apply thereafter to such Vested Shares, in which case the
surviving corporation of such merger or consolidation or the resulting entity of such conversion shall succeed to the rights of the Company
under this Section unless the agreement of merger or consolidation or conversion expressly otherwise provides); or (iii) any
transfer of Vested Shares pursuant to the winding up and dissolution of the Company. As used herein, the term “Immediate Family”
will mean Optionee’s spouse, the lineal descendant or antecedent, father, mother, brother or sister, child, adopted child, grandchild
or adopted grandchild of Optionee or Optionee’s spouse, or the spouse of any of the above or Spousal Equivalent, as defined herein.
As used herein, a person is deemed to be a “Spousal Equivalent” provided the following circumstances are true:
(i) irrespective of whether or not the Optionee and the Spousal Equivalent are the same sex, they are the sole spousal equivalent
of the other for the last twelve (12) months, (ii) they intend to remain so indefinitely, (iii) neither are married to anyone
else, (iv) both are at least 18 years of age and mentally competent to consent to contract, (v) they are not related by blood
to a degree of closeness that which would prohibit legal marriage in the state in which they legally reside, (vi) they are jointly
responsible for each other’s common welfare and financial obligations, and (vii) they reside together in the same residence
for the last twelve (12) months and intend to do so indefinitely.


 


10.7.            Termination
of Right of First Refusal. The Right of First Refusal will terminate as to all Shares: (i) on the effective date of the first
sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the
SEC under the Securities Act (other than a registration statement relating solely to the issuance of Common Stock pursuant to a business
combination or an employee incentive or benefit plan); (ii) on any transfer or conversion of Shares made pursuant to a statutory
merger or statutory consolidation of the Company with or into another corporation or corporations if the common stock of the surviving
corporation or any direct or indirect parent corporation thereof is registered under the Exchange Act; or (iii) on any transfer or
conversion of Shares made pursuant to a statutory conversion of the Company into another form of legal entity if the common equity (or
comparable equity security) of entity resulting from such conversion is registered under the Exchange Act.


 


10.8.            Encumbrances
on Vested Shares. Optionee may grant a lien or security interest in, or pledge, hypothecate or encumber Vested Shares only if
each party to whom such lien or security interest is granted, or to whom such pledge, hypothecation or other encumbrance is made, agrees
in a writing satisfactory to the Company that: (i) such lien, security interest, pledge, hypothecation or encumbrance will not adversely
affect or impair the Right of First Refusal or the rights of the Company and/or its assignee(s) with respect thereto and will not
apply to such Vested Shares after they are acquired by the Company and/or its assignees under this Section; and (ii) the provisions
of this Agreement will continue to apply to such Vested Shares in the hands of such party and any transferee of such party. Optionee may
not grant a lien or security interest in, or pledge, hypothecate or encumber, any Unvested Shares.


 


11.            RIGHTS
AS A STOCKHOLDER. Subject to the terms and conditions of this Agreement, Optionee will have all of the rights of a stockholder of
the Company with respect to the Shares from and after the date that Shares are issued to Optionee pursuant to, and in accordance with,
the terms of the Exercise Agreement until such time as Optionee disposes of the Shares or the Company and/or its assignee(s) exercise(s) the
Repurchase Option or the Right of First Refusal. Upon an exercise of the Repurchase Option or the Right of First Refusal, Optionee will
have no further rights as a holder of the Shares so purchased upon such exercise, other than the right to receive payment for the Shares
so purchased in accordance with the provisions of this Agreement, and Optionee will promptly surrender the stock certificate(s) evidencing
the Shares so purchased to the Company for transfer or cancellation.


 






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12.            ESCROW.
As security for Optionee’s faithful performance of this Agreement, Optionee agrees, immediately upon issuance of the stock certificate(s) evidencing
the Shares, to consent to the delivery such certificate(s), together with two (2) copies of a blank Stock Power and Assignment Separate
from Stock Certificate in the form attached to the Exercise Agreement (the “Stock Powers”), both executed by
Purchaser (and Purchaser’s spouse, if any) (with the transferee, certificate number, date and number of Shares left blank), to the
Secretary of the Company or other designee of the Company (the “Escrow Holder”), who is hereby appointed to
hold such certificate(s) and Stock Powers in escrow and to take all such actions and to effectuate all such transfers and/or releases
of such Shares as are in accordance with the terms of this Agreement. Optionee and the Company agree that Escrow Holder will not be liable
to any party to this Agreement (or to any other party) for any actions or omissions unless Escrow Holder is grossly negligent or intentionally
fraudulent in carrying out the duties of Escrow Holder under this Agreement. Escrow Holder may rely upon any letter, notice or other document
executed with any signature purported to be genuine and may rely on the advice of counsel and obey any order of any court with respect
to the transactions contemplated by this Agreement and will not be liable for any act or omission taken by Escrow Holder in good faith
reliance on such documents, the advice of counsel or a court order. The Shares will be released from escrow upon termination of both the
Repurchase Option and the Right of First Refusal.


 


13.            RESTRICTIVE
LEGENDS AND STOP-TRANSFER ORDERS.


 


13.1.            Legends.
Optionee understands and agrees that the Company will place the legends set forth below or similar legends on any stock certificate(s) evidencing
the Shares, together with any other legends that may be required by state or U.S. Federal securities laws, the Company’s Certificate
of Incorporation or Bylaws, any other agreement between Optionee and the Company, or any agreement between Optionee and any third party
(and any other legend(s) that the Company may become obligated to place on the stock certificate(s) evidencing the Shares under
the terms of any agreement to which the Company is or may become bound or obligated):


 


(a)            THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”),
OR UNDER THE SECURITIES LAWS OF CERTAIN STATES. THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT
BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION OR
EXEMPTION THEREFROM. INVESTORS SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE
PERIOD OF TIME. THE ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER
TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES LAWS.


 


(b)            THE
SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN RESTRICTIONS ON RESALE AND TRANSFER, INCLUDING THE REPURCHASE OPTION
AND RIGHT OF FIRST REFUSAL HELD BY THE ISSUER AND/OR ITS ASSIGNEE(S) AS SET FORTH IN A STOCK OPTION AGREEMENT BETWEEN THE ISSUER
AND THE ORIGINAL HOLDER OF THESE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. SUCH SALE AND TRANSFER
RESTRICTIONS, INCLUDING THE REPURCHASE OPTION AND RIGHT OF FIRST REFUSAL, ARE BINDING ON TRANSFEREES OF THESE SHARES.


 


(c)            THE
SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A MARKET STANDOFF RESTRICTION AS SET FORTH IN A CERTAIN STOCK OPTION AGREEMENT BETWEEN
THE ISSUER AND THE ORIGINAL HOLDER OF THESE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. AS A RESULT
OF SUCH AGREEMENT, THESE SHARES MAY NOT BE TRADED PRIOR TO 180 DAYS AFTER THE EFFECTIVE DATE OF CERTAIN PUBLIC OFFERINGS OF THE COMMON
STOCK OF THE ISSUER HEREOF. SUCH RESTRICTION IS BINDING ON TRANSFEREES OF THESE SHARES.


 






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13.2.            Stop-Transfer
Instructions. Optionee agrees that, to ensure compliance with the restrictions imposed by this Agreement, the Company may issue
appropriate “stop-transfer” instructions to its transfer agent, if any, and if the Company transfers its own securities, it
may make appropriate notations to the same effect in its own records.


 


13.3.            Refusal
to Transfer. The Company will not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred
in violation of any of the provisions of this Agreement or (ii) to treat as owner of such Shares, or to accord the right to vote
or pay dividends to any purchaser or other transferee to whom such Shares have been so transferred.


 


14.            CERTAIN
TAX CONSEQUENCES. Set forth below is a brief summary as of the Effective Date of the Plan of some of the federal tax consequences
of exercise of the Option and disposition of the Shares. THIS SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE
SUBJECT TO CHANGE. OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THE OPTION OR DISPOSING OF THE SHARES.


 


14.1.            Exercise
of ISO. If the Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option,
although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as
a tax preference item for federal alternative minimum tax purposes and may subject the Optionee to the alternative minimum tax in the
year of exercise.


 


14.2.            Exercise
of Nonqualified Stock Option. If the Option does not qualify as an ISO, there may be a regular federal income tax liability upon
the exercise of the Option. Optionee will be treated as having received compensation income (taxable at ordinary income tax rates) equal
to the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price. If Optionee is a current
or former employee of the Company, the Company may be required to withhold from Optionee’s compensation or collect from Optionee
and pay to the applicable taxing authorities an amount equal to a percentage of this compensation income at the time of exercise.


 


14.3.            Disposition
of Shares. The following tax consequences may apply upon disposition of the Shares.


 


(a)            Incentive
Stock Options. If the Shares are held for more than twelve (12) months after the date of purchase of the Shares pursuant to the exercise
of an ISO and are disposed of more than two (2) years after the Date of Grant, any gain realized on disposition of the Shares will
be treated as long term capital gain for federal income tax purposes. If Vested Shares purchased under an ISO are disposed of within the
applicable one (1) year or two (2) year period, any gain realized on such disposition will be treated as compensation income
(taxable at ordinary income rates in the year of the disposition) to the extent of the excess, if any, of the Fair Market Value of the
Shares on the date of exercise over the Exercise Price. To the extent the Shares were exercised prior to vesting coincident with the filing
of an 83(b) Election, the amount taxed because of a disqualifying disposition will be based upon the excess, if any, of the fair
market value on the date of vesting over the exercise price.


 


(b)            Nonqualified
Stock Options. If the Shares are held for more than twelve (12) months after the date of purchase of the Shares pursuant to the exercise
of an NQSO, any gain realized on disposition of the Shares will be treated as long term capital gain.


 


14.4.            Section 83(b) Election
for Unvested Shares.  With respect to Unvested Shares, which are subject to the Repurchase Option, unless an election is filed
by Optionee with the Internal Revenue Service (and, if necessary, the proper state taxing authorities), within thirty (30) days
of the purchase of the Unvested Shares, electing pursuant to Section 83(b) of the Code (and similar state tax provisions, if
applicable) to be taxed currently on any difference between the Exercise Price of the Unvested Shares and their Fair Market Value on the
date of purchase, there may be a recognition of taxable income (including, where applicable, alternative minimum taxable income) to Optionee,
measured by the excess, if any, of the Fair Market Value of the Unvested Shares at the time they cease to be Unvested Shares, over the
Exercise Price of the Unvested Shares.


 






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15.            GENERAL
PROVISIONS.


 


15.1.            Interpretation.
Any dispute regarding the interpretation of this Agreement shall be submitted by Optionee or the Company to the Committee for review.
The resolution of such a dispute by the Committee shall be final and binding on the Company and Optionee.


 


15.2.            Entire
Agreement. The Plan, the Grant Notice and the Exercise Agreement are each incorporated herein by reference. This Agreement, the
Grant Notice, the Plan and the Exercise Agreement constitute the entire agreement of the parties with respect to the subject matter hereof
and supersede all prior undertakings and agreements with respect to such subject matter.


 


16.            NOTICES.
Any and all notices required or permitted to be given to a party pursuant to the provisions of this Agreement will be in writing and will
be effective and deemed to provide such party sufficient notice under this Agreement on the earliest of the following: (i) at the
time of personal delivery, if delivery is in person; (ii) at the time an electronic confirmation of receipt is received, if delivery
is by email; (iii) at the time of transmission by facsimile, addressed to the other party at its facsimile number specified herein
(or hereafter modified by subsequent notice to the parties hereto), with confirmation of receipt made by both telephone and printed confirmation
sheet verifying successful transmission of the facsimile; (iv) one (1) business day after deposit with an express overnight
courier for United States deliveries, or two (2) business days after such deposit for deliveries outside of the United States, with
proof of delivery from the courier requested; or (v) three (3) business days after deposit in the United States mail by certified
mail (return receipt requested) for United States deliveries. Any notice for delivery outside the United States will be sent by email,
facsimile or by express courier. Any notice not delivered personally or by email will be sent with postage and/or other charges prepaid
and properly addressed to Optionee at the last known address or facsimile number on the books of the Company, or at such other address
or facsimile number as such other party may designate by one of the indicated means of notice herein to the other parties hereto or, in
the case of the Company, to it at its principal place of business. Notices to the Company will be marked “Attention: Chief Financial
Officer.” Notices by facsimile shall be machine verified as received.


 


17.            SUCCESSORS
AND ASSIGNS. The Company may assign any of its rights under this Agreement including its rights to purchase Shares under both the
Right of First Refusal and Repurchase Option. This Agreement shall be binding upon and inure to the benefit of the successors and assigns
of the Company. Subject to the restrictions on transfer set forth herein, this Agreement shall be binding upon Optionee and Optionee’s
heirs, executors, administrators, legal representatives, successors and assigns.


 


18.            GOVERNING
LAW. This Agreement shall be governed by and construed in accordance with the internal laws of the State of California as such laws
are applied to agreements between California residents entered into and to be performed entirely within California. If any provision of
this Agreement is determined by a court of law to be illegal or unenforceable, then such provision will be enforced to the maximum extent
possible and the other provisions will remain fully effective and enforceable.


 


19.            Further
Assurances. The parties agree to execute such further documents and instruments and to take such further actions as may be
reasonably necessary to carry out the purposes and intent of this Agreement.


 


20.            Titles
and Headings. The titles, captions and headings of this Agreement are included for ease of reference only and will be disregarded
in interpreting or construing this Agreement. Unless otherwise specifically stated, all references herein to “sections” and
 “exhibits” will mean “sections” and “exhibits” to this Agreement.


 






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21.            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 shall constitute one and the same agreement.


 


22.            Severability.
If any provision of this Agreement is determined by any court or arbitrator of competent jurisdiction to be invalid, illegal or unenforceable
in any respect, such provision will be enforced to the maximum extent possible given the intent of the parties hereto. If such clause
or provision cannot be so enforced, such provision shall be stricken from this Agreement and the remainder of this Agreement shall be
enforced as if such invalid, illegal or unenforceable clause or provision had (to the extent not enforceable) never been contained in
this Agreement. Notwithstanding the forgoing, if the value of this Agreement based upon the substantial benefit of the bargain for any
party is materially impaired, which determination as made by the presiding court or arbitrator of competent jurisdiction shall be binding,
then both parties agree to substitute such provision(s) through good faith negotiations.


 


* * * * *


 


Attachments:


 


Annex A: Form of Stock Option Exercise Notice and Agreement


 






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Annex A


 


FORM OF
STOCK OPTION EXERCISE NOTICE AND AGREEMENT