Document:

EX-10.2

 Exhibit 10.2 

ELLIPSE TECHNOLOGIES, INC. 

2005 STOCK PLAN 

1.         Purposes of the Plan. The purposes of this Plan are to attract and
retain the best available personnel for positions of substantial responsibility, to provide additional incentive to Employees, Directors and Consultants and to promote the success of the Company’s business. Options granted under the Plan may be
Incentive Stock Options or Nonstatutory Stock Options, as determined by the Administrator at the time of grant. Stock Purchase Rights may also be granted under the Plan. 

2.         Definitions. As used herein, the following definitions shall apply:

 (a)         “Administrator” means the Board or any of its
Committees as shall be administering the Plan in accordance with Section 4 hereof. 

(b)         “Applicable Laws” means the requirements relating to the
administration of stock option plans under U.S. state corporate laws, U.S. federal and state securities laws, the Code, any stock exchange or quotation system on which the Common Stock is listed or quoted and the applicable laws of any other country
or jurisdiction where Options or Stock Purchase Rights are granted under the Plan. 

(c)         “Board” means the Board of Directors of the Company.

 (d)         “Change in Control” means the occurrence of any of
the following events: 
 (i)         the acquisition, directly or indirectly, in
one transaction or a series of related transactions, by any person or group (within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended) of the beneficial ownership of securities of the Company possessing more
than fifty percent (50%) of the total combined voting power of all outstanding securities of the Company, except for a transaction in which such person or group prior to such transaction held, in the aggregate, securities
possessing more than fifty percent (50%) of the total combined voting power of the Company; 

(ii)         a merger or consolidation in which the Company is not the surviving
entity, except for a transaction in which the holders of the outstanding voting securities of the Company immediately prior to such merger or consolidation hold, in the aggregate, securities possessing more than fifty percent
(50%) of the total combined voting power of all outstanding voting securities of the surviving entity immediately after such merger or consolidation; 

(iii)         a reverse merger in which the Company is the surviving entity but in
which securities possessing more than fifty percent (50%) of the total combined voting power of all outstanding voting securities of the Company are transferred to or acquired by a person or persons different from the persons holding those
securities immediately prior to such merger; 
 (iv)         the sale, transfer or
other disposition (in one transaction or a series of related transactions) of all or substantially all of the assets of the Company except for a 

  
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transaction in which the holders of the outstanding voting securities of the Company immediately prior to such transaction hold, in the aggregate, securities possessing more than fifty percent
(50%) of the total combined voting power of all outstanding voting securities of the acquiring entity immediately after such transaction; or 

(v)         the approval by the stockholders of a plan or proposal for the
liquidation or dissolution of the Company. 
 (e)         “Code”
means the Internal Revenue Code of 1986, as amended. 
 (f)        
“Committee” means a committee of Directors or of other individuals satisfying Applicable Laws appointed by the Board in accordance with Section 4 hereof. 

(g)         “Common Stock” means the Common Stock of the Company.

 (h)         “Company” means Ellipse Technologies, Inc., a
Delaware corporation. 
 (i)         “Consultant” means any person
who is engaged by the Company or any Parent or Subsidiary to render consulting or advisory services to such entity. 

(j)         “Director” means a member of the Board. 

(k)         “Disability” means total and permanent disability as
defined in Section 22(e)(3) of the Code. 
 (l)        
“Employee” means any person, including officers and Directors, employed by the Company or any Parent or Subsidiary of the Company. Neither service as a Director nor payment of a director’s fee by the Company shall be sufficient
to constitute “employment” by the Company. 
 (m)        
“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

(n)         “Fair Market Value” means, as of any date, the value of
Common Stock determined as follows: 
 (i)         If the Common Stock is listed on
any established stock exchange or a national market system, including without limitation the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its Fair Market Value shall be the closing sales price for such stock (or
the closing bid, if no sales were reported) as quoted on such exchange or system on the day of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; 

(ii)         If the Common Stock is regularly quoted by a recognized securities
dealer but selling prices are not reported, its Fair Market Value shall be the mean between the high bid and low asked prices for the Common Stock on the day of determination; or 

(iii)         In the absence of an established market for the Common Stock, the Fair
Market Value thereof shall be determined in good faith by the Administrator. 

  
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 (o)         “Incentive Stock
Option” means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code. 

(p)         “Nonstatutory Stock Option” means an Option not intended
to qualify as an Incentive Stock Option. 
 (q)         “Option”
means a stock option granted pursuant to the Plan. 
 (r)         “Option
Agreement” means a written or electronic agreement between the Company and an Optionee evidencing the terms and conditions of an individual Option grant. The Option Agreement is subject to the terms and conditions of the Plan. 

(s)         “Optioned Stock” means the Common Stock subject to an
Option or a Stock Purchase Right. 
 (t)         “Optionee” means
the holder of an outstanding Option or Stock Purchase Right granted under the Plan. 

(u)         “Parent” means a “parent corporation,” whether
now or hereafter existing, as defined in Section 424(e) of the Code. 

(v)         “Plan” means this 2004 Stock Plan. 

(w)         “Restricted Stock” means Shares issued pursuant to a
Stock Purchase Right or Shares of restricted stock issued pursuant to an Option. 

(x)         “Restricted Stock Purchase Agreement” means a written
agreement between the Company and the Optionee evidencing the terms and restrictions applying to Shares purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the notice
of grant. 
 (y)         “Securities Act means the Securities Act of
1933, as amended. 
 (z)         “Service Provider” means an
Employee, Director or Consultant. 
 (aa)         “Share” means a
share of the Common Stock, as adjusted in accordance with Section 13 below. 

(bb)         “Stock Purchase Right” means a right to purchase Common
Stock pursuant to Section 11 below. 
 (cc)        
“Subsidiary” means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code. 

3.         Stock Subject to the Plan. Subject to the provisions of
Section 13 of the Plan, the maximum aggregate number of Shares that may be subject to Options or Stock Purchase Rights and sold under the Plan is 1,500,000 Shares. The Shares may be authorized but unissued, or reacquired Common Stock. 

  
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 If an Option or Stock Purchase Right expires or becomes unexercisable without having been
exercised in full, the unpurchased Shares that were subject thereto shall become available for future grant or sale under the Plan (unless the Plan has terminated). However, Shares that have actually been issued under the Plan, upon exercise of
either an Option or Stock Purchase Right, shall not be returned to the Plan and shall not become available for future distribution under the Plan, except that if unvested Shares of Restricted Stock are repurchased by the Company at their original
purchase price, such Shares shall become available for future grant under the Plan. 

4.         Administration of the Plan. 

(a)         Administrator. The Plan shall be administered by the Board or a
Committee appointed by the Board, which Committee shall be constituted to comply with Applicable Laws. 

(b)         Powers of the Administrator. Subject to the provisions of the Plan
and, in the case of a Committee, the specific duties delegated by the Board to such Committee, and subject to the approval of any relevant authorities, the Administrator shall have the authority in its discretion: 

(i)         to determine the Fair Market Value; 

(ii)         to select the Service Providers to whom Options and Stock Purchase
Rights may from time to time be granted hereunder; 
 (iii)         to determine
the number of Shares to be covered by each such award granted hereunder; 

(iv)         to approve forms of agreement for use under the Plan; 

(v)         to determine the terms and conditions of any Option or Stock Purchase
Right granted hereunder. Such terms and conditions include, but are not limited to, the exercise price, the time or times when Options or Stock Purchase Rights may be exercised (which may be based on performance criteria), any vesting acceleration
or waiver of forfeiture restrictions, and any restriction or limitation regarding any Option or Stock Purchase Right or the Common Stock relating thereto, based in each case on such factors as the Administrator, in its sole discretion, shall
determine; 
 (vi)         to prescribe, amend and rescind rules and regulations
relating to the Plan, including rules and regulations relating to sub-plans established for the purpose of satisfying applicable foreign laws; 

(vii)         to allow Optionees to satisfy withholding tax obligations by electing
to have the Company withhold from the Shares to be issued upon exercise of an Option or Stock Purchase Right that number of Shares having a Fair Market Value equal to the minimum amount required to be withheld. The Fair Market Value of the Shares to
be withheld shall be determined on the date that the amount of tax to be withheld is to be determined. All 

  
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elections by Optionees to have Shares withheld for this purpose shall be made in such form and under such conditions as the Administrator may deem necessary or advisable; and 

(viii)         to construe and interpret the terms of the Plan and Options granted
pursuant to the Plan. 
 (c)         Effect of Administrator’s
Decision. All decisions, determinations and interpretations of the Administrator shall be final and binding on all Optionees. 

5.         Eligibility. Nonstatutory Stock Options and Stock Purchase Rights
may be granted to Service Providers. Incentive Stock Options may be granted only to Employees. 

6.         Limitations. 

(a)         Incentive Stock Option Limit. Each Option shall be designated in
the Option Agreement as either an Incentive Stock Option or a Nonstatutory Stock Option. However, notwithstanding such designation, to the extent that the aggregate Fair Market Value of the Shares with respect to which Incentive Stock Options are
exercisable for the first time by the Optionee during any calendar year (under all plans of the Company and any Parent or Subsidiary) exceeds $100,000, such Options shall be treated as Nonstatutory Stock Options. For purposes of this
Section 6(a), Incentive Stock Options shall be taken into account in the order in which they were granted. The Fair Market Value of the Shares shall be determined as of the time the Option with respect to such Shares is granted. 

(b)         At-Will Employment. Neither the Plan nor any Option or Stock
Purchase Right shall confer upon any Optionee any right with respect to continuing the Optionee’s relationship as a Service Provider with the Company, nor shall it interfere in any way with his or her right or the Company’s right to
terminate such relationship at any time, with or without cause, and with or without notice. 

7.         Term of Plan. Subject to stockholder approval in accordance with
Section 19, the Plan shall become effective upon its adoption by the Board. Unless sooner terminated under Section 15, it shall continue in effect for a term of ten (10) years from the later of (i) the effective date of the Plan,
or (ii) the earlier of the most recent Board or stockholder approval of an increase in the number of Shares reserved for issuance under the Plan. 

8.         Term of Option. The term of each Option shall be stated in the
Option Agreement; provided, however, that the term shall be no more than ten (10) years from the date of grant thereof. In the case of an Incentive Stock Option granted to an Optionee who, at the time the Option is granted, owns stock
representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Option shall be five (5) years from the date of grant or such shorter term as may be provided
in the Option Agreement. 

  
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 9.         Option Exercise Price and
Consideration. 
 (a)         Exercise Price. The per share exercise
price for the Shares to be issued upon exercise of an Option shall be such price as is determined by the Administrator, but shall be subject to the following: 

(i)         In the case of an Incentive Stock Option 

(A)         granted to an Employee who, at the time of grant of such Option, owns
stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the exercise price shall be no less than 110% of the Fair Market Value per Share on the date of grant. 

(B)         granted to any other Employee, the per Share exercise price shall be no
less than 100% of the Fair Market Value per Share on the date of grant. 

(ii)         In the case of a Nonstatutory Stock Option 

(A)         granted to a Service Provider who, at the time of grant of such Option,
owns stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the exercise price shall be no less than 110% of the Fair Market Value per Share on the date of grant.

 (B)         granted to any other Service Provider, the per Share exercise price
shall be no less than 100% of the Fair Market Value per Share on the date of grant. 

(iii)         Notwithstanding the foregoing, Options may be granted with a per Share
exercise price other than as required above pursuant to a merger or other corporate transaction. 

(b)         Forms of Consideration. The consideration to be paid for the
Shares to be issued upon exercise of an Option, including the method of payment, shall be determined by the Administrator (and, in the case of an Incentive Stock Option, shall be determined at the time of grant). Such consideration may consist of,
without limitation, (i) cash, (ii) check, (iii) promissory note, (iv) other Shares, provided Shares that were acquired directly from the Company (x) have been owned by the Optionee for more than six (6) months on the
date of surrender, and (y) have a Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option shall be exercised, (v) consideration received by the Company under a cashless
exercise program implemented by the Company in connection with the Plan, or (vi) any combination of the foregoing methods of payment. In making its determination as to the type of consideration to accept, the Administrator shall consider if
acceptance of such consideration may be reasonably expected to benefit the Company. 

10.         Exercise of Option. 

(a)         Procedure for Exercise; Rights as a Stockholder. Any Option
granted hereunder shall be exercisable according to the terms hereof at such times and under such 

  
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conditions as determined by the Administrator and set forth in the Option Agreement. An Option may not be exercised for a fraction of a Share. Except in the case of Options granted to officers,
Directors and Consultants, Options shall become exercisable at a rate of no less than 20% per year over five (5) years from the date the Options are granted. 

An Option shall be deemed exercised when the Company receives (i) written or electronic notice of exercise (in accordance
with the Option Agreement) from the person entitled to exercise the Option, and (ii) full payment for the Shares with respect to which the Option is exercised. Full payment may consist of any consideration and method of payment authorized by
the Administrator and permitted by the Option Agreement and the Plan. Shares issued upon exercise of an Option shall be issued in the name of the Optionee or, if requested by the Optionee, in the name of the Optionee and his or her spouse. Until the
Shares are issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to the
Shares, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such Shares promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to
the date the Shares are issued, except as provided in Section 13 of the Plan. 
 Exercise of an Option in any manner
shall result in a decrease in the number of Shares thereafter available for sale under the Option, by the number of Shares as to which the Option is exercised. 

(b)         Termination of Relationship as a Service Provider. If an Optionee
ceases to be a Service Provider, such Optionee may exercise his or her Option within thirty (30) days of termination, or such longer period of time as specified in the Option Agreement, to the extent that the Option is vested on the date of
termination (but in no event later than the expiration of the term of the Option as set forth in the Option Agreement). If, on the date of termination, the Optionee is not vested as to his or her entire Option, the Shares covered by the unvested
portion of the Option shall revert to the Plan. If, after termination, the Optionee does not exercise his or her Option within the time specified by the Administrator, the Option shall terminate, and the Shares covered by such Option shall revert to
the Plan. 
 (c)         Disability of Optionee. If an Optionee ceases to be
a Service Provider as a result of the Optionee’s Disability, the Optionee may exercise his or her Option within six (6) months of termination, or such longer period of time as specified in the Option Agreement, to the extent the Option is
vested on the date of termination (but in no event later than the expiration of the term of such Option as set forth in the Option Agreement). If, on the date of termination, the Optionee is not vested as to his or her entire Option, the Shares
covered by the unvested portion of the Option shall revert to the Plan. If, after termination, the Optionee does not exercise his or her Option within the time specified herein, the Option shall terminate, and the Shares covered by such Option shall
revert to the Plan. 
 (d)         Death of Optionee. If an Optionee dies
while a Service Provider, the Option may be exercised within six (6) months following Optionee’s death, or such longer period of time as specified in the Option Agreement, to the extent that the Option is vested on the date of death (but
in no event later than the expiration of the term of such Option as set forth in 

  
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the Option Agreement) by the Optionee’s designated beneficiary, provided such beneficiary has been designated prior to Optionee’s death in a form acceptable to the Administrator. If no
such beneficiary has been designated by the Optionee, then such Option may be exercised by the personal representative of the Optionee’s estate or by the person(s) to whom the Option is transferred pursuant to the Optionee’s will or in
accordance with the laws of descent and distribution. If, at the time of death, the Optionee is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option shall immediately revert to the Plan. If the Option
is not so exercised within the time specified herein, the Option shall terminate, and the Shares covered by such Option shall revert to the Plan. 

(e)         Leaves of Absence. 

(i)         Unless the Administrator provides otherwise, vesting of Options granted
hereunder to officers and Directors shall be suspended during any unpaid leave of absence. 

(ii)         A Service Provider shall not cease to be an Employee in the case of
(A) any leave of absence approved by the Company or otherwise required by applicable law or (B) transfers between locations of the Company or between the Company, its Parent, any Subsidiary, or any successor. 

(iii)         For purposes of Incentive Stock Options, no such leave may exceed
ninety (90) days, unless reemployment upon expiration of such leave is guaranteed by statute or contract. If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, then three (3) months following
the 91st day of such leave, any Incentive Stock Option held by the Optionee shall cease to be treated as an Incentive Stock Option and shall be treated for tax purposes as a Nonstatutory Stock Option. 

11.         Stock Purchase Rights. 

(a)         Rights to Purchase. Stock Purchase Rights may be issued either
alone, in addition to, or in tandem with other awards granted under the Plan and/or cash awards made outside of the Plan. After the Administrator determines that it will offer Stock Purchase Rights under the Plan, it shall advise the offeree in
writing or electronically of the terms, conditions and restrictions related to the offer, including the number of Shares that such person shall be entitled to purchase, the price to be paid, and the time within which such person must accept such
offer. The terms of the offer shall comply in all respects with Section 260.140.42 of Title 10 of the California Code of Regulations. The offer shall be accepted by execution of a Restricted Stock Purchase Agreement in the form determined by
the Administrator. 
 (b)         Repurchase Option. Unless the
Administrator determines otherwise, the Restricted Stock Purchase Agreement shall grant the Company a repurchase option exercisable within 90 days of the voluntary or involuntary termination of the purchaser’s service with the Company for any
reason (including death or disability). The purchase price for Shares repurchased pursuant to the Restricted Stock Purchase Agreement shall be the original price paid by the purchaser and may be paid by cancellation of any indebtedness of the
purchaser to the Company. The repurchase option shall lapse at such rate as the Administrator may determine. 

  
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Except with respect to Shares purchased by officers, Directors and Consultants, the repurchase option shall in no case lapse at a rate of less than 20% per year over five (5) years from
the date of purchase. 
 (c)         Other Provisions. The Restricted Stock
Purchase Agreement shall contain such other terms, provisions and conditions not inconsistent with the Plan as may be determined by the Administrator in its sole discretion. 

(d)         Rights as a Stockholder. Once the Stock Purchase Right is
exercised, the purchaser shall have rights equivalent to those of a stockholder and shall be a stockholder when his or her purchase is entered upon the records of the duly authorized transfer agent of the Company. No adjustment shall be made for a
dividend or other right for which the record date is prior to the date the Stock Purchase Right is exercised, except as provided in Section 13 of the Plan. 

12.         Limited Transferability of Options and Stock Purchase Rights.
Unless determined otherwise by the Administrator, Options and Stock Purchase Rights may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or the laws of descent and distribution, and may be
exercised during the lifetime of the Optionee, only by the Optionee. If the Administrator in its sole discretion makes an Option or Stock Purchase Right transferable, such Option or Stock Purchase Right may only be transferred (i) by will,
(ii) by the laws of descent and distribution, or (iii) to family members (within the meaning of Rule 701 of the Securities Act) through gifts or domestic relations orders, as permitted by Rule 701 of the Securities Act. 

13.         Adjustments; Dissolution or Liquidation; Merger or Change in
Control. 
 (a)         Adjustments. In the event that any dividend or
other distribution (whether in the form of cash, Shares, other securities, or other property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of
Shares or other securities of the Company, or other change in the corporate structure of the Company affecting the Shares occurs, the Administrator, in order to prevent diminution or enlargement of the benefits or potential benefits intended to be
made available under the Plan, may (in its sole discretion) adjust the number and class of Shares that may be delivered under the Plan and/or the number, class, and price of Shares covered by each outstanding Option or Stock Purchase Right;
provided, however, that the Administrator shall make such adjustments to the extent required by Section 25102(o) of the California Corporations Code. 

(b)         Dissolution or Liquidation. In the event of the proposed
dissolution or liquidation of the Company, the Administrator shall notify each Optionee as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, an Option or Stock Purchase
Right will terminate immediately prior to the consummation of such proposed action. 

(c)         Merger or Change in Control. In the event of a merger of the
Company with or into another corporation, or a Change in Control, each outstanding Option and Stock 

  
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Purchase Right shall be assumed or an equivalent option substituted by the successor corporation or a Parent or Subsidiary of the successor corporation. In the event that the successor
corporation in a merger or Change in Control refuses to assume or substitute for the Option or Stock Purchase Right, then the Optionee shall fully vest in and have the right to exercise the Option or Stock Purchase Right as to all of the Optioned
Stock, including Shares as to which it would not otherwise be vested or exercisable. If an Option or Stock Purchase Right becomes fully vested and exercisable in lieu of assumption or substitution in the event of a merger or Change in Control, the
Administrator shall notify the Optionee in writing or electronically that the Option or Stock Purchase Right shall be fully exercisable for a period of fifteen (15) days from the date of such notice, and the Option or Stock Purchase Right shall
terminate upon expiration of such period. For the purposes of this paragraph, the Option or Stock Purchase Right shall be considered assumed if, following the merger or Change in Control, the option or right confers the right to purchase or receive,
for each Share of Optioned Stock subject to the Option or Stock Purchase Right immediately prior to the merger or Change in Control, the consideration (whether stock, cash, or other securities or property) received in the merger or Change in Control
by holders of Common Stock for each Share held on the effective date of the transaction (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding Shares); provided,
however, that if such consideration received in the merger or Change in Control is not solely common stock of the successor corporation or its Parent, the Administrator may, with the consent of the successor corporation, provide for the
consideration to be received upon the exercise of the Option or Stock Purchase Right, for each Share of Optioned Stock subject to the Option or Stock Purchase Right, to be solely common stock of the successor corporation or its Parent equal in fair
market value to the per share consideration received by holders of common stock in the merger or Change in Control. 

14.         Time of Granting Options and Stock Purchase Rights. The date of
grant of an Option or Stock Purchase Right shall, for all purposes, be the date on which the Administrator makes the determination granting such Option or Stock Purchase Right, or such later date as is determined by the Administrator. Notice of the
determination shall be given to each Service Provider to whom an Option or Stock Purchase Right is so granted within a reasonable time after the date of such grant. 

15.         Amendment and Termination of the Plan. 

(a)         Amendment and Termination. The Board may at any time amend, alter,
suspend or terminate the Plan. 
 (b)         Stockholder Approval. The
Board shall obtain stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. 

(c)         Effect of Amendment or Termination. No amendment, alteration,
suspension or termination of the Plan shall impair the rights of any Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company. Termination of
the Plan shall not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Options granted under the Plan prior to the date of such termination. 

  
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 16.         Conditions Upon Issuance
of Shares. 
 (a)         Legal Compliance. Shares shall not be issued
pursuant to the exercise of an Option or Stock Purchase Right unless the exercise of such Option or Stock Purchase Right and the issuance and delivery of such Shares shall comply with Applicable Laws and shall be further subject to the approval of
counsel for the Company with respect to such compliance. 
 (b)        
Investment Representations. As a condition to the exercise of an Option or Stock Purchase Right, the Administrator may require the person exercising such Option or Stock Purchase Right to represent and warrant at the time of any such exercise
that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required. 

17.         Inability to Obtain Authority. The inability of the Company to
obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of
the failure to issue or sell such Shares as to which such requisite authority shall not have been obtained. 

18.         Reservation of Shares. The Company, during the term of this Plan,
shall at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the Plan. 

19.         Stockholder Approval. The Plan shall be subject to approval by the
stockholders of the Company within twelve (12) months after the date the Plan is adopted. Such stockholder approval shall be obtained in the degree and manner required under Applicable Laws. 

20.         Information to Optionees. The Company shall provide to each
Optionee and to each individual who acquires Shares pursuant to the Plan, not less frequently than annually during the period such Optionee has one or more Options or Stock Purchase Rights outstanding, and, in the case of an individual who acquires
Shares pursuant to the Plan, during the period such individual owns such Shares, copies of annual financial statements. The Company shall not be required to provide such statements to key employees whose duties in connection with the Company assure
their access to equivalent information. 

  
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 ELLIPSE TECHNOLOGIES, INC. 

2005 STOCK PLAN 
 STOCK
OPTION AGREEMENT 
 Unless otherwise defined herein, the terms defined in the 2005 Stock Plan shall have the same
defined meanings in this Stock Option Agreement. 
  

	I.	 NOTICE OF STOCK OPTION GRANT 

  

					
		 	Name:	 	
		 	 	 	
			
		 	 Address:
	 	
			
		 	 	 	
			
		 	 	 	

 The undersigned Optionee has been granted an Option to purchase Common Stock of the Company,
subject to the terms and conditions of the Plan and this Option Agreement, as follows: 
  

					
		 	 Date of Grant
	  	
			
		 	 	  	 
			
		 	 Vesting Commencement Date
	  	
			
		 	 	  	 
			
		 	 Exercise Price per Share
	  	 $

			
		 	 	  	 
			
		 	 Total Number of Shares Granted
	  	
			
		 	 	  	 
			
		 	 Total Exercise Price
	  	 $

			
		 	 	  	 
			
		 	 Type of Option:
	  	 ___ Incentive Stock Option
  

___ Nonstatutory Stock Option

			
		 	 	  	 
			
		 	 Term/Expiration Date:
	  	
			
		 	 	  	 

  
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 Vesting Schedule: 

This Option shall be exercisable, in whole or in part, according to the following vesting schedule: 

[The Option will become exercisable with respect to (i) twenty-five percent (25%) of the Shares subject to the Option upon
Optionee’s completion of one (1) year of service as a Service Provider measured from the Vesting Commencement Date, and (ii) the balance of the Shares subject to the Option in successive equal monthly installments upon Optionee’s
completion of each of the next thirty-six (36) months of service as a Service Provider measured from and after the first anniversary of the Vesting Commencement Date. In no event will the Option become exercisable for any additional Shares
following Optionee’s cessation as a Service Provider.] 
 Termination Period: 

This Option shall be exercisable for three (3) months after Optionee ceases to be a Service Provider. Upon
Optionee’s death or Disability, this Option may be exercised for one (1) year after Optionee ceases to be a Service Provider. In no event may Optionee exercise this Option after the Term/Expiration Date as provided above. 

 

	II.	 AGREEMENT 

1.         Grant of Option. The Plan Administrator of the Company hereby grants
to the Optionee named in the Notice of Grant (the “Optionee”), an option (the “Option”) to purchase the number of Shares set forth in the Notice of Grant, at the exercise price per Share set forth in the Notice of
Grant (the “Exercise Price”), and subject to the terms and conditions of the Plan, which is incorporated herein by reference. Subject to Section 15(c) of the Plan, in the event of a conflict between the terms and conditions of
the Plan and this Option Agreement, the terms and conditions of the Plan shall prevail. 
 If designated in the Notice of
Grant as an Incentive Stock Option (“ISO”), this Option is intended to qualify as an Incentive Stock Option as defined in Section 422 of the Code. Nevertheless, to the extent that it exceeds the $100,000 rule of Code
Section 422(d), this Option shall be treated as a Nonstatutory Stock Option (“NSO”). 

2.         Exercise of Option. 

(a)         Right to Exercise. This Option shall be exercisable during its
term in accordance with the Vesting Schedule set out in the Notice of Grant and with the applicable provisions of the Plan and this Option Agreement. 

(b)         Method of Exercise. This Option shall be exercisable by delivery
of an exercise notice in the form attached as Exhibit A (the “Exercise Notice”) which shall state the election to exercise the Option, the number of Shares with respect to which the Option is being exercised, and such other
representations and agreements as may be required by the Company. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all 

  
 13 

 
Exercised Shares. This Option shall be deemed to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by the aggregate Exercise Price. 

No Shares shall be issued pursuant to the exercise of an Option unless such issuance and such exercise complies with
Applicable Laws. Assuming such compliance, for income tax purposes the Shares shall be considered transferred to the Optionee on the date on which the Option is exercised with respect to such Shares. 

3.         Optionee’s Representations. In the event the Shares have not
been registered under the Securities Act of 1933, as amended, at the time this Option is exercised, the Optionee shall, if required by the Company, concurrently with the exercise of all or any portion of this Option, deliver to the Company his or
her Investment Representation Statement in the form attached hereto as Exhibit B. 

4.         Lock-Up Period. Optionee hereby agrees that Optionee shall not
offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any Common
Stock (or other securities) of the Company or enter into any swap, hedging or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any Common Stock (or other securities) of the Company
held by Optionee (other than those included in the registration) for a period specified by the representative of the underwriters of Common Stock (or other securities) of the Company not to exceed one hundred eighty (180) days following the
effective date of any registration statement of the Company filed under the Securities Act.  
 Optionee agrees to
execute and deliver such other agreements as may be reasonably requested by the Company or the underwriter which are consistent with the foregoing or which are necessary to give further effect thereto. In addition, if requested by the Company or the
representative of the underwriters of Common Stock (or other securities) of the Company, Optionee shall provide, within ten (10) days of such request, such information as may be required by the Company or such representative in connection with
the completion of any public offering of the Company’s securities pursuant to a registration statement filed under the Securities Act. The obligations described in this Section shall not apply to a registration relating solely to employee
benefit plans on Form S-1 or Form S-8 or similar forms that may be promulgated in the future, or a registration relating solely to a Commission Rule 145 transaction on Form S-4 or similar forms that may be promulgated in the future. The Company may
impose stop-transfer instructions with respect to the shares of Common Stock (or other securities) subject to the foregoing restriction until the end of said one hundred eighty (180) day period. Optionee agrees that any transferee of the Option
or shares acquired pursuant to the Option shall be bound by this Section. 

5.         Method of Payment. Payment of the aggregate Exercise Price shall be
by any of the following, or a combination thereof, at the election of the Optionee: 

(a)        cash or check; 

  
 14 

 (b)        consideration received by the
Company under a formal cashless exercise program adopted by the Company in connection with the Plan; or 

(c)        surrender of other Shares which, (i) in the case of Shares acquired
from the Company, either directly or indirectly, have been owned by the Optionee for more than six (6) months on the date of surrender, and (ii) have a Fair Market Value on the date of surrender equal to the aggregate Exercise Price of the
Exercised Shares. 
 6.         Restrictions on Exercise. This Option may not
be exercised until such time as the Plan has been approved by the stockholders of the Company, or if the issuance of such Shares upon such exercise or the method of payment of consideration for such shares would constitute a violation of any
Applicable Law. 
 7.         Non-Transferability of Option. This Option may
not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the
executors, administrators, heirs, successors and assigns of the Optionee. 

8.         Term of Option. This Option may be exercised only within the term
set out in the Notice of Grant, and may be exercised during such term only in accordance with the Plan and the terms of this Option. 

9.        Tax Obligations. 

(a)         Withholding Taxes. Optionee agrees to make appropriate
arrangements with the Company (or its Parent or Subsidiary employing or retaining Optionee) for the satisfaction of all Federal, state, local and foreign income and employment tax withholding requirements applicable to the Option exercise. Optionee
acknowledges and agrees that the Company may refuse to honor the exercise and refuse to deliver Shares if such withholding amounts are not delivered at the time of exercise. 

(b)         Notice of Disqualifying Disposition of ISO Shares. If the Option
granted to Optionee herein is an ISO, and if Optionee sells or otherwise disposes of any of the Shares acquired pursuant to the ISO on or before the later of (1) the date two years after the Date of Grant, or (2) the date one year after
the date of exercise, the Optionee shall immediately notify the Company in writing of such disposition. Optionee agrees that Optionee may be subject to income tax withholding by the Company on the compensation income recognized by the Optionee. 

10.         Entire Agreement; Governing Law. The Plan is incorporated herein by
reference. The Plan and this Option Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and Optionee with respect to
the subject matter hereof, and may not be modified adversely to the Optionee’s interest except by means of a writing signed by the Company and Optionee. This agreement is governed by the internal substantive laws but not the choice of law rules
of the State of California. 

  
 15 

 11.         No Guarantee of Continued
Service. OPTIONEE ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS
OPTION OR ACQUIRING SHARES HEREUNDER). OPTIONEE FURTHER ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED
ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE IN ANY WAY WITH OPTIONEE’S RIGHT OR THE COMPANY’S RIGHT TO TERMINATE OPTIONEE’S RELATIONSHIP AS A SERVICE PROVIDER AT ANY
TIME, WITH OR WITHOUT CAUSE.  
 Optionee acknowledges receipt of a copy of the Plan and represents that he or she is
familiar with the terms and provisions thereof, and hereby accepts this Option subject to all of the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of
counsel prior to executing this Option and fully understands all provisions of the Option. Optionee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions arising under the
Plan or this Option. Optionee further agrees to notify the Company upon any change in the residence address indicated below. 
  

							
	OPTIONEE	 		 	ELLIPSE TECHNOLOGIES, INC.
				
		 	 	 		 	By:
				
		 	Signature	 		 	Edmund Roschak
				
		 	Print Name	 		 	President
				
		 	 	 		 	 
				
		 	Residence Address	 		 	
				
		 	 	 		 	
				
		 	 	 		 	
				
		 	 	 		 	
				
		 	Tax Identification Number	 		 	
				
		 	 	 		 	

  
 16 

 EXHIBIT A 

2005 STOCK PLAN 

EXERCISE NOTICE 
 ELLIPSE TECHNOLOGIES,
INC. 
 Address: 101 Enterprise, Suite 100, Aliso Viejo, CA 92656 

Attention:
                         

1.         Exercise of Option. Effective as of today,
                        , 20        , the undersigned
(“Optionee”) hereby elects to exercise Optionee’s option to purchase                     shares of the Common Stock
(the “Shares”) of Ellipse Technologies, Inc. (the “Company”) under and pursuant to the 2005 Stock Plan (the “Plan”) and the Stock Option Agreement dated
                        , 20        (the “Option Agreement”).

 2.         Delivery of Payment. Optionee herewith delivers to the Company
the full purchase price of the Shares, as set forth in the Option Agreement, and any and all withholding taxes due in connection with the exercise of the Option. 

3.         Representations of Optionee. Optionee acknowledges that Optionee has
received, read and understood the Plan and the Option Agreement and agrees to abide by and be bound by their terms and conditions. 

4.         Rights as Stockholder. Until the issuance of the Shares (as
evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to the Optioned Stock,
notwithstanding the exercise of the Option. The Shares shall be issued to the Optionee as soon as practicable after the Option is exercised in accordance with the Option Agreement. No adjustment shall be made for a dividend or other right for which
the record date is prior to the date of issuance except as provided in Section 13 of the Plan. 

5.         Company’s Right of First Refusal Before any Shares held by
Optionee or any transferee (either being sometimes referred to herein as the “Holder”) may be sold or otherwise transferred (including transfer by gift or operation of law), the Company or its assignee(s) shall have a right of first
refusal to purchase the Shares on the terms and conditions set forth in this Section (the “Right of First Refusal”). 

(a)         Notice of Proposed Transfer. The Holder of the Shares shall
deliver to the Company a written notice (the “Notice”) stating: (i) the Holder’s bona fide intention to sell or otherwise transfer such Shares; (ii) the name of each proposed purchaser or other transferee (“Proposed
Transferee”); (iii) the number of Shares to be transferred to each Proposed Transferee; and (iv) the bona fide cash price or other consideration for which the Holder proposes to transfer the Shares (the “Offered Price”), and
the Holder shall offer the Shares at the Offered Price to the Company or its assignee(s). 

  
 1 

 (b)         Exercise of Right of
First Refusal. At any time within thirty (30) days after receipt of the Notice, the Company and/or its assignee(s) may, by giving written notice to the Holder, elect to purchase all, but not less than all, of the Shares proposed to be
transferred to any one or more of the Proposed Transferees, at the purchase price determined in accordance with subsection (c) below. 

(c)         Purchase Price. The purchase price (“Purchase Price”)
for the Shares purchased by the Company or its assignee(s) under this Section shall be the Offered Price. If the Offered Price includes consideration other than cash, the cash equivalent value of the non-cash consideration shall be determined by the
Board of Directors of the Company in good faith. 
 (d)         Payment.
Payment of the Purchase Price shall be made, at the option of the Company or its assignee(s), in cash (by check), by cancellation of all or a portion of any outstanding indebtedness of the Holder to the Company (or, in the case of repurchase by an
assignee, to the assignee), or by any combination thereof within thirty (30) days after receipt of the Notice or in the manner and at the times set forth in the Notice. 

(e)         Holder’s Right to Transfer. If all of the 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 Shares to that Proposed Transferee at the Offered
Price or at a higher price, provided that such sale or other transfer is consummated within 120 days after the date of the Notice, that any such sale or other transfer is effected in accordance with any applicable securities laws and that the
Proposed Transferee agrees in writing that the provisions of this Section shall continue to apply to the Shares in the hands of such Proposed Transferee. If the Shares described in the Notice are not transferred to the Proposed Transferee within
such period, a new Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right of First Refusal before any Shares held by the Holder may be sold or otherwise transferred. 

(f)         Exception for Certain Family Transfers. Anything to the contrary
contained in this Section notwithstanding, the transfer of any or all of the Shares during the Optionee’s lifetime or on the Optionee’s death by will or intestacy to the Optionee’s immediate family or a trust for the benefit of the
Optionee’s immediate family shall be exempt from the provisions of this Section. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or
other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section, and there shall be no further transfer of such Shares except in accordance with the terms of this Section. 

(g)         Termination of Right of First Refusal. The Right of First Refusal
shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

 6.         Tax Consultation. Optionee understands that Optionee may suffer
adverse tax consequences as a result of Optionee’s purchase or disposition of the Shares. Optionee represents that Optionee has consulted with any tax consultants Optionee deems advisable in 

  
 2 

 
connection with the purchase or disposition of the Shares and that Optionee is not relying on the Company for any tax advice. 

7.        Restrictive Legends and Stop-Transfer Orders. 

(a)        Legends. Optionee understands and agrees that the Company shall
cause the legends set forth below or legends substantially equivalent thereto, to be placed upon any certificate(s) evidencing ownership of the Shares together with any other legends that may be required by the Company or by state or federal
securities laws: 
 THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”) AND
MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER THE ACT OR, IN THE OPINION OF COMPANY COUNSEL SATISFACTORY TO THE ISSUER OF THESE SECURITIES, SUCH OFFER, SALE OR TRANSFER, PLEDGE OR
HYPOTHECATION IS IN COMPLIANCE THEREWITH. 
 THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER AND
A RIGHT OF FIRST REFUSAL HELD BY THE ISSUER OR ITS ASSIGNEE(S) AS SET FORTH IN THE EXERCISE NOTICE 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 TRANSFER
RESTRICTIONS AND RIGHT OF FIRST REFUSAL ARE BINDING ON TRANSFEREES OF THESE SHARES. 
 THE SHARES REPRESENTED BY THIS CERTIFICATE ARE
SUBJECT TO RESTRICTIONS ON TRANSFER FOR A PERIOD NOT TO EXCEED 180 DAYS FOLLOWING THE EFFECTIVE DATE OF THE UNDERWRITTEN PUBLIC OFFERING OF THE COMPANY’S SECURITIES AND MAY NOT BE SOLD OR OTHERWISE DISPOSED OF BY THE HOLDER WITHOUT THE CONSENT
OF THE COMPANY OR THE MANAGING UNDERWRITER. 
 (b)        Stop-Transfer
Notices. Optionee agrees that, in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its
own securities, it may make appropriate notations to the same effect in its own records. 

(c)         Refusal to Transfer. The Company shall 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 Exercise Notice 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 shall have been so transferred. 

8.        Successors and Assigns. The Company may assign any of its rights
under this Exercise Notice to single or multiple assignees, and this Exercise Notice shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer herein set forth, this Exercise Notice shall be
binding upon Optionee and his or her heirs, executors, administrators, successors and assigns. 

  
 3 

 9.        Interpretation. Any
dispute regarding the interpretation of this Exercise Notice shall be submitted by Optionee or by the Company forthwith to the Administrator which shall review such dispute at its next regular meeting. The resolution of such a dispute by the
Administrator shall be final and binding on all parties. 
 10.        Governing
Law; Severability. This Exercise Notice is governed by the internal substantive laws but not the choice of law rules, of the State of California. In the event that any provision hereof becomes or is declared by a court of competent
jurisdiction to be illegal, unenforceable or void, this Option Agreement will continue in full force and effect. 

11.        Entire Agreement. The Plan and Option Agreement are incorporated
herein by reference. This Exercise Notice, the Plan, the Option Agreement and the Investment Representation Statement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior
undertakings and agreements of the Company and Optionee with respect to the subject matter hereof, and may not be modified adversely to the Optionee’s interest except by means of a writing signed by the Company and Optionee. 

 

							
	Submitted by:	 		 	 Accepted by:

			
	OPTIONEE	 		 	 ELLIPSE TECHNOLOGIES, INC.

				
	 	 		 	By:	 	 
			
	Signature	 		 	
			
	Print Name	 		 	 President

			
	 	 		 	
			
	Address	 		 	 Address

			
	 	 		 	 101 Enterprise, Suite 100

			
	 	 		 	 Aliso Viejo, CA 92656

			
	 	 		 	
			
		 		 	 
			
		 		 	 Date Received

  
 4 

 EXHIBIT B 

INVESTMENT REPRESENTATION STATEMENT 
  

					
			
	 OPTIONEE:
	  	 	  	
			
	 COMPANY:
	  	 ELLIPSE TECHNOLOGIES, INC.
	  	
			
	 SECURITY:
	  	 COMMON STOCK
	  	
			
	 AMOUNT:
	  	 	  	
			
	 DATE:
	  	 	  	

 In connection with the purchase of the above-listed Securities, the undersigned Optionee
represents to the Company the following: 
 (a)        Optionee is aware of the
Company’s business affairs and financial condition and has acquired sufficient information about the Company to reach an informed and knowledgeable decision to acquire the Securities. Optionee is acquiring these Securities for investment for
Optionee’s own account only and not with a view to, or for resale in connection with, any “distribution” thereof within the meaning of the Securities Act of 1933, as amended (the “Securities Act”). 

(b)        Optionee acknowledges and understands that the Securities constitute
“restricted securities” under the Securities Act and have not been registered under the Securities Act in reliance upon a specific exemption therefrom, which exemption depends upon, among other things, the bona fide nature of
Optionee’s investment intent as expressed herein. In this connection, Optionee understands that, in the view of the Securities and Exchange Commission, the statutory basis for such exemption may be unavailable if Optionee’s representation
was predicated solely upon a present intention to hold these Securities for the minimum capital gains period specified under tax statutes, for a deferred sale, for or until an increase or decrease in the market price of the Securities, or for a
period of one year or any other fixed period in the future. Optionee further understands that the Securities must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is
available. Optionee further acknowledges and understands that the Company is under no obligation to register the Securities. Optionee understands that the certificate evidencing the Securities will be imprinted with any legend required under
applicable state securities laws. 
 (c)        Optionee is familiar with the
provisions of Rule 701 and Rule 144, each promulgated under the Securities Act, which, in substance, permit limited public resale of “restricted securities” acquired, directly or indirectly from the issuer thereof, in a non-public offering
subject to the satisfaction of certain conditions. Rule 701 provides that if the issuer qualifies under Rule 701 at the time of the grant of the Option to the Optionee, the exercise will be exempt from registration under the Securities Act. In the
event the Company becomes subject to the reporting requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, ninety (90) days thereafter (or such longer period as any market stand-off agreement may

  
 5 

 
require) the Securities exempt under Rule 701 may be resold, subject to the satisfaction of certain of the conditions specified by Rule 144, including: (1) the resale being made through a
broker in an unsolicited “broker’s transaction” or in transactions directly with a market maker (as said term is defined under the Securities Exchange Act of 1934); and, in the case of an affiliate, (2) the availability of
certain public information about the Company, (3) the amount of Securities being sold during any three month period not exceeding the limitations specified in Rule 144(e), and (4) the timely filing of a Form 144, if applicable. 

In the event that the Company does not qualify under Rule 701 at the time of grant of the Option, then the Securities may be
resold in certain limited circumstances subject to the provisions of Rule 144, which requires the resale to occur not less than one year after the later of the date the Securities were sold by the Company or the date the Securities were sold by an
affiliate of the Company, within the meaning of Rule 144; and, in the case of acquisition of the Securities by an affiliate, or by a non-affiliate who subsequently holds the Securities less than two years, the satisfaction of the conditions set
forth in sections (1), (2), (3) and (4) of the paragraph immediately above. 

(d)        Optionee further understands that in the event all of the applicable
requirements of Rule 701 or 144 are not satisfied, registration under the Securities Act, compliance with Regulation A, or some other registration exemption will be required; and that, notwithstanding the fact that Rules 144 and 701 are not
exclusive, the Staff of the Securities and Exchange Commission has expressed its opinion that persons proposing to sell private placement securities other than in a registered offering and otherwise than pursuant to Rules 144 or 701 will have a
substantial burden of proof in establishing that an exemption from registration is available for such offers or sales, and that such persons and their respective brokers who participate in such transactions do so at their own risk. Optionee
understands that no assurances can be given that any such other registration exemption will be available in such event. 
  

			
	Signature of Optionee:
	
	 
		
	Date:	 	 

  
 6EX-10.6

 Exhibit 10.6 

LEASE 
 RREEF AMERICA
REIT II CORP. FFF, 
 a Maryland corporation, 

Landlord, 
 and 

ELLIPSE TECHNOLOGIES, INC., 

a Delaware corporation, 

Tenant 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	page	 
			
	 1.
	 	 USE AND RESTRICTIONS ON USE
	  	 	1	  
			
	 2.
	 	 TERM
	  	 	3	  
			
	 3.
	 	 RENT
	  	 	5	  
			
	 4.
	 	 RENT ADJUSTMENTS
	  	 	6	  
			
	 5.
	 	 SECURITY DEPOSIT
	  	 	12	  
			
	 6.
	 	 ALTERATIONS
	  	 	12	  
			
	 7.
	 	 REPAIR
	  	 	14	  
			
	 8.
	 	 LIENS
	  	 	15	  
			
	 9.
	 	 ASSIGNMENT AND SUBLETTING
	  	 	15	  
			
	 10.
	 	 INDEMNIFICATION
	  	 	18	  
			
	 11.
	 	 INSURANCE
	  	 	19	  
			
	 12.
	 	 WAIVER OF SUBROGATION
	  	 	20	  
			
	 13.
	 	 SERVICES AND UTILITIES
	  	 	20	  
			
	 14.
	 	 HOLDING OVER
	  	 	23	  
			
	 15.
	 	 SUBORDINATION
	  	 	23	  
			
	 16.
	 	 RULES AND REGULATIONS
	  	 	23	  
			
	 17.
	 	 REENTRY BY LANDLORD
	  	 	24	  
			
	 18.
	 	 DEFAULT
	  	 	25	  
			
	 19.
	 	 REMEDIES
	  	 	26	  
			
	 20.
	 	 TENANT’S BANKRUPTCY OR INSOLVENCY
	  	 	29	  
			
	 21.
	 	 QUIET ENJOYMENT
	  	 	29	  
			
	 22.
	 	 CASUALTY
	  	 	30	  
			
	 23.
	 	 EMINENT DOMAIN
	  	 	31	  

  
 i 

							
	 24.
	 	 SALE BY LANDLORD
	  	 	32	  
			
	 25.
	 	 ESTOPPEL CERTIFICATES
	  	 	32	  
			
	 26.
	 	 SURRENDER OF PREMISES
	  	 	33	  
			
	 27.
	 	 NOTICES
	  	 	34	  
			
	 28.
	 	 TAXES PAYABLE BY TENANT
	  	 	34	  
			
	 29.
	 	 [INTENTIONALLY OMITTED]
	  	 	35	  
			
	 30.
	 	 PARKING
	  	 	35	  
			
	 31.
	 	 DEFINED TERMS AND HEADINGS
	  	 	36	  
			
	 32.
	 	 AUTHORITY
	  	 	37	  
			
	 33.
	 	 FINANCIAL STATEMENTS AND CREDIT REPORTS
	  	 	38	  
			
	 34.
	 	 COMMISSIONS
	  	 	38	  
			
	 35.
	 	 TIME AND APPLICABLE LAW
	  	 	38	  
			
	 36.
	 	 SUCCESSORS AND ASSIGNS
	  	 	38	  
			
	 37.
	 	 ENTIRE AGREEMENT
	  	 	38	  
			
	 38.
	 	 EXAMINATION NOT OPTION
	  	 	38	  
			
	 39.
	 	 RECORDATION
	  	 	39	  
			
	 40.
	 	 OPTION TO RENEW
	  	 	39	  
			
	 41.
	 	 RIGHT OF FIRST OFFER
	  	 	41	  
			
	 42.
	 	 ROOF SPACE FOR DISH/ANTENNA
	  	 	43	  
			
	 43.
	 	 SECURITY SYSTEM
	  	 	46	  
			
	 44.
	 	 PREMISES AND DIRECTORY SIGNAGE
	  	 	47	  
			
	 45.
	 	 BUILDING SIGNAGE
	  	 	47	  
			
	 46.
	 	 MEDICAL WASTE
	  	 	48	  
			
	 47.
	 	 LETTER OF CREDIT
	  	 	50	  
			
	 48.
	 	 SUPPLEMENTAL HVAC UNIT
	  	 	53	  

  
 ii 

							
	 49.
	 	 PERSONAL PROPERTY
	  	 	54	  
			
	 50.
	 	 CONTINGENCY
	  	 	54	  
			
	 51.
	 	 LIMITATION OF LIABILITY
	  	 	54	  

 EXHIBIT A – FLOOR PLAN DEPICTING THE PREMISES 

EXHIBIT A-1 – SITE PLAN 

EXHIBIT B – INITIAL ALTERATIONS 
 EXHIBIT C
– COMMENCEMENT DATE MEMORANDUM 
 EXHIBIT D – RULES AND REGULATIONS 

EXHIBIT E – FORM OF EARLY POSSESSION AGREEMENT 

EXHIBIT F – FORM OF LETTER OF CREDIT 
 EXHIBIT G
– LOCATION OF LIGHT ASSEMBLY AND FABRICATION AREA 
 EXHIBIT H – LIST OF APPROVED MACHINERY 

EXHIBIT I – HAZARDOUS MATERIALS QUESTIONNAIRE 

EXHIBIT J – SUITE 100 REQUIRED RESTORATION CONFIGURATION 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 iii 

 GROSS (BY) OFFICE LEASE 

REFERENCE PAGES 
  

			
	BUILDING:	  	 The Summit
 101 Enterprise

Aliso Viejo, California 92656
  

The Building is located within the 2-building project consisting of 95 and 101 Enterprise, Aliso Viejo, California
92656 (the “Project”).

		
	LANDLORD:	  	 RREEF AMERICA REIT II CORP. FFF,

a Maryland corporation

		
	LANDLORD’S ADDRESS:	  	 RREEF America REIT II Corp. FFF
 c/o RREEF
Real Estate
 535 Anton Boulevard, Suite 200
 Costa Mesa,
California 92626
 Attn: Asset Manager
  

with a copy to:
  

RREEF America REIT II Corp. FFF
 c/o Transwestern

Summit Office Campus
 95 Enterprise, Suite 380

Aliso Viejo, California 92656
 Attn: Property Manager

 
 and a copy to:
  

Transwestern
 601 S. Figueroa Street, Suite 2750

Los Angeles, California 90017
 Attn: David W.
Rock

		
	WIRE INSTRUCTIONS AND/OR ADDRESS FOR RENT PAYMENT:	  	 RREEF America REIT II Corp. FFF
 Summit
Office Campus
 P.O. Box 6236
 Hicksville, New York
11802

		
	LEASE REFERENCE DATE:	  	January 15, 2015
		
	TENANT:	  	 ELLIPSE TECHNOLOGIES, INC.,
 a
Delaware corporation

  
 iv 

					
	TENANT’S NOTICE ADDRESS:	  	
			
		 	(a) As of beginning of Term:	  	 The Premises
  

with a copy to:
  

Ellipse Technologies, Inc.
 13900 Alton Parkway,
Suite 123
 Irvine, California 92618
  

and a copy to:
  

Ellipse Technologies, Inc.
 c/o Cresa Orange County

610 Newport Center Drive, Suite 500
 Newport Beach,
California 92660
 Attn: Lindsay Nicholas
  

If any additional person listed above fails to receive the copy of the notice of Tenant default, the validity of the notice served on Tenant shall not be
affected thereby.

			
		 	(b) Prior to beginning of Term (if different):	  	 Ellipse Technologies, Inc.
 13900 Alton Parkway,
Suite 123
 Irvine, California 92618

		
	PREMISES ADDRESS:	  	 101 Enterprise, Suites 100 and 200
 Aliso
Viejo, California 92656

		
	PREMISES RENTABLE AREA:	  	Approximately 52,741 sq. ft., comprised of (i) approximately 25,073 sq. ft. commonly known as Suite 100; and approximately 27,668 sq. ft. commonly known as Suite 200 (for outline of Premises see
Exhibit A)
		
	COMMENCEMENT DATE:	  	March 1, 2015
		
	TERM OF LEASE:	  	Sixty-seven (67) months beginning on the Commencement Date and ending on the Termination Date.
		
	TERMINATION DATE:	  	September 30, 2020

  
 v 

 ANNUAL RENT and MONTHLY INSTALLMENT OF RENT (Article 3): 

 

																			
	 Period
	  	Rentable
Square
Footage	 	  	Annual Rent
Per Square
Foot	 	  	Annual Rent	 	  	Monthly
Installment
of Rent	 
	 from
	  	through	  	  	  	  
	 3/1/2015
	  	2/29/2016	  	 	52,741	  	  	$	28.20	  	  	$	1,487,296.20	  	  	$	123,941.35	* 
	 3/1/2016
	  	2/28/2017	  	 	52,741	  	  	$	29.16	  	  	$	1,537,927.56	  	  	$	128,160.63	  
	 3/1/2017
	  	2/28/2018	  	 	52,741	  	  	$	30.24	  	  	$	1,594,887.84	  	  	$	132,907.32	  
	 3/1/2018
	  	2/28/2019	  	 	52,741	  	  	$	31.32	  	  	$	1,651,848.12	  	  	$	137,654.01	  
	 3/1/2019
	  	2/29/2020	  	 	52,741	  	  	$	32.40	  	  	$	1,708,808.40	  	  	$	142,400.70	  
	 3/1/2020
	  	9/30/2020	  	 	52,741	  	  	$	33.48	  	  	$	1,765,768.68	  	  	$	147,147.39	  

  

	*	Monthly Installment of Rent for the period commencing March 1, 2015 and continuing through September 30, 2015 is subject to abatement pursuant to Section 3.3 of the Lease. 

 

			
	BASE YEAR (EXPENSES):	  	2015
		
	BASE YEAR (TAXES):	  	2015
		
	BASE YEAR (INSURANCE):	  	2015
		
	TENANT’S PROPORTIONATE SHARE:	  	 Expenses and Insurance: 65.64% of the Building

Taxes: 31.20% of the Project

		
	SECURITY DEPOSIT:	  	$161,862.13
		
	LETTER OF CREDIT:	  	$1,500,000.00, subject to the terms of Section 47.10 of the Lease
		
	ASSIGNMENT/SUBLETTING FEE:	  	$1,000.00
		
	AFTER-HOURS HVAC COST:	  	$45.00 per hour, subject to change pursuant to Article 13 of this Lease
		
	PARKING:	  	Two hundred eleven (211) passes at no monthly parking charge during the initial Term (See Article 30 on Parking)
		
	REAL ESTATE BROKERS:	  	Stream Realty Partners, L.P., representing Landlord, and Cresa Orange County, representing Tenant

  
 vi 

			
		
	TENANT’S NAICS CODE:	  	339112
		
	BUILDING BUSINESS HOURS:	  	Monday through Friday, 7.00 a.m. to 7.00 p.m. and Saturday 8.00 a.m. to 2.00 p.m. (excepting holidays)
		
	AMORTIZATION RATE:	  	8%

 The Reference Pages information is incorporated into and made a part of the Lease. In the event of any conflict between any
Reference Pages information and the Lease, the Lease shall control. The Lease includes Exhibits A through J, all of which are made a part of the Lease. 

IN WITNESS WHEREOF, Landlord and Tenant have executed the Lease as of the Lease Reference Date set forth above. 

 

									
	LANDLORD:	 		 	TENANT:
			
	RREEF AMERICA REIT II CORP. FFF,	 		 	ELLIPSE TECHNOLOGIES, INC.,
	a Maryland corporation	 		 	a Delaware corporation
					
	By:	 	 /s/ Scott Davis
	 		 	By:	 	 /s/ Ed Roschak

					
	Name:	 	 Scott Davis
	 		 	Name:	 	 Ed Roschak

					
	Title:	 	 Vice President
	 		 	Title:	 	 CEO

					
	Dated:	 	 1/21/15
	 		 	Dated:	 	 1/20/15

					
		 		 		 	By:	 	 /s/ J.T. Koning

					
		 		 		 	Name:	 	 J.T. Koning

					
		 		 		 	Title:	 	  

					
		 		 		 	Dated:	 	 20 Jan 2015

					
		 		 		 	By:	 	 /s/ Mike Moeller

					
		 		 		 	Name:	 	 Mike Moeller

					
		 		 		 	Title:	 	  

					
		 		 		 	Dated:	 	 1/20/15

  
 vii 

 LEASE 

By this Lease Landlord leases Landlord leases to Tenant and Tenant leases from Landlord the Premises in the Building as set forth and
described on the Reference Pages. The Premises are depicted on the floor plan attached hereto as Exhibit A, and the Building is depicted on the site plan attached hereto as Exhibit A-1.
The Reference Pages, including all terms defined thereon, are incorporated as part of this Lease. 
 1. USE AND RESTRICTIONS ON USE. 

1.1 The first floor of the Premises is to be used solely for research and development, light assembly and fabrication of medical devices and
general office purposes. Tenant acknowledges and agrees that any such light assembly and fabrication shall only be performed in the locations shown on Exhibit G attached hereto using the machinery (the “Approved Machinery”)
listed on Exhibit H attached hereto. Tenant further acknowledges and agrees that any other machinery used in the Premises shall be subject to Landlord’s prior written approval, which approval shall not be unreasonably withheld so
long as such machinery is similar in kind (as reasonably determined by Landlord) to the Approved Machinery. In no event shall the second floor of the Premises be used for any purpose that produces vibration and/or excessive noise (as determined by
Landlord in its reasonable discretion) that is detectable outside of the Premises. Without limiting the generality of the foregoing, in no event shall the Approved Machinery be used on the second floor of the Premises. Tenant shall not do or permit
anything to be done in or about the Premises which will in any way unreasonably obstruct or interfere with the rights of the other tenants or occupants of the Building or injure, annoy, or unreasonably disturb them, or allow the Premises to be used
for any improper, immoral, unlawful, or objectionable purpose, or commit any waste. Tenant shall not do, permit or suffer in, on, or about the Premises the sale of any alcoholic liquor without the written consent of Landlord first obtained. If, in
Landlord’s reasonable determination, Tenant’s use of the Premises produces vibration or excessive notice that unreasonably disturbs Landlord and/or any other tenants or occupants of the Building or causes other unreasonable problems for
other tenants or occupants of the Building and/or Landlord, then Landlord may, at its election, (i) require Tenant to install additional reasonably appropriate sound/vibration proofing in the Premises (provided, however, that Tenant shall cease
all such excessive noise and/or vibration until such additional sound/vibration proofing is installed), or (ii) if Tenant refuses or is unable to install such sound/vibration proofing and remedy the excessive noise and/or vibration, terminate
Tenant’s right to use the Premises for the uses described in this Section 1.1 above (other than general office, research and development and administrative use). For purposes of the foregoing sentence, the additional sound/vibration
proofing shall be deemed to be “unreasonably appropriate sound/vibration proofing” if noise and/or vibrations emanate from the Premises and such noise and/or vibration annoys or disturbs Landlord and/or any other tenants and or occupants
of the Building and or the Project. Tenant shall comply with all federal, state and city laws, codes, ordinances, rules and regulations (collectively, “Regulations”) applicable to the use of the Premises and its occupancy and shall
promptly comply with all governmental orders and directions for the correction, prevention and abatement of any violations in the Building or appurtenant land, caused or permitted by, or resulting from the specific use by, Tenant, or in or upon, or
in connection with, the Premises, all at Tenant’s sole expense. Tenant shall operate and maintain the Premises in such a manner that no odors, fumes, vapors or gases of any kind shall 

  
 1 

 
be released into the Building. Tenant shall, at Tenant’s sole cost and expense, (i) operate the heating, ventilation and air conditioning system, including the special exhaust systems,
under negative pressure, (ii) seal any openings in the demising walls of the Premises, and (iii) provide a continuous waterproof base (with seamless vinyl flooring and as otherwise reasonably determined by Landlord) in all areas in which
machinery is located in the Premises. Tenant shall not do or permit anything to be done on or about the Premises or bring or keep anything into the Premises which will in any way increase the rate of, invalidate or prevent the procuring of any
insurance protecting against loss or damage to the Building or any of its contents by fire or other casualty or against liability for damage to property or injury to persons in or about the Building or any part thereof. Nothing herein shall require
Tenant to perform any alterations, additions or improvements which are necessary to comply with Regulations with respect to the common areas, unless such compliance relates to the common areas on any floor on which the Premises are located and
arises directly out of the performance of alterations, additions, repairs or other work by or on behalf of Tenant in the Premises, the acts or omissions of Tenant or any Tenant Entity or Tenant’s specific use of the Premises for purposes other
than general office use. In addition, nothing herein shall require Tenant, with respect to the common areas or the Premises, to comply with Regulations which require alterations, capital improvements or the installation of new or additional
mechanical, electrical, plumbing or fire life safety systems on a Building wide basis without reference to the particular use of Tenant (other than general office use), the acts or omissions of Tenant or any Tenant Entity, or any alterations,
additions or improvements performed by or on behalf of Tenant. As of the date hereof, to Landlord’s actual knowledge, Landlord has not received written notice from any governmental agencies that the Building is in violation of any governmental
laws, ordinances and regulations. For purposes of this Section, “Landlord’s actual knowledge” shall be deemed to mean and limited to the current actual knowledge of the property manager for the Building at the time of execution of the
Lease and not any implied, imputed, or constructive knowledge of said individual or of Landlord or any parties related to or comprising Landlord and without any independent investigation or inquiry having been made or any implied duty to investigate
or make any inquiries, it being understood and agreed that such individual shall have no personal liability in any manner whatsoever hereunder or otherwise related to the transactions contemplated hereby. 

1.2 Tenant shall not, and shall not direct, suffer or permit any of its agents, contractors, employees, licensees or invitees (collectively,
the “Tenant Entities”) to at any time handle, use, manufacture, store or dispose of (collectively, “Use”) in or about the Premises or the Building any (collectively, “Hazardous Materials”) flammables, explosives,
radioactive materials, hazardous wastes or materials, toxic wastes or materials, or other similar substances, petroleum products or derivatives or any substance subject to regulation by or under any federal, state and local laws and ordinances
relating to the protection of the environment or the keeping, use or disposition of environmentally hazardous materials, substances, or wastes, presently in effect or hereafter adopted, all amendments to any of them, and all rules and regulations
issued pursuant to any of such laws or ordinances (collectively, “Environmental Laws”), nor shall Tenant suffer or permit any Hazardous Materials to be used in any manner not fully in compliance with all Environmental Laws, in the Premises
or the Building and appurtenant land or allow the environment to become contaminated with any Hazardous Materials. Notwithstanding the foregoing, (A) Tenant may Use Hazardous Materials in the Premises, subject to the additional terms and
conditions set forth on Exhibit I (Hazardous Materials) attached hereto and incorporated herein by this reference, and (B) Tenant may handle, store, use 

  
 2 

 
or dispose of products containing small quantities of Hazardous Materials (such as aerosol cans containing insecticides, toner for copiers, paints, paint remover and the like) to the extent
customary and necessary for the use of the Premises for general office purposes; provided that Tenant shall always handle, store, use, and dispose of any such Hazardous Materials in a safe and lawful manner and never allow such Hazardous Materials
to contaminate the Premises, Building and appurtenant land or the environment. Tenant shall protect, defend, indemnify and hold each and all of the Landlord Entities (as defined in Article 31) harmless from and against any and all loss, claims,
liability or costs (including court costs and attorney’s fees) incurred by reason of any actual or asserted failure of Tenant to fully comply with all applicable Environmental Laws, or the presence, handling, use or disposition in or from the
Premises of any Hazardous Materials by Tenant or any Tenant Entity (even though permissible under all applicable Environmental Laws or the provisions of this Lease), or by reason of any actual or asserted failure of Tenant to keep, observe, or
perform any provision of this Section 1.2. Tenant shall not be liable for any cost of expense related to removal, cleaning, abatement or remediation of Hazardous Materials existing in the Premises or the Building prior to the date Landlord
tenders possession of the Premises to Tenant, including, without limitation, Hazardous Materials in the ground water or soil, except to the extent that any of the foregoing results directly or indirectly from any act or omission by Tenant or any
Tenant Entity or any Hazardous Materials disturbed, distributed or exacerbated by Tenant or any Tenant Entity. For purposes of this Article 1, Tenant, not Landlord, shall have the burden to prove with reasonable and unequivocal documentation
that such Hazardous Materials were in fact preexisting in the Premises prior to the date Landlord delivered possession of the Premises to Tenant. 

1.3 Tenant and the Tenant Entities will be entitled to the non-exclusive use of the common areas of the Building as they exist from time to
time during the Term, including the parking facilities, subject to Landlord’s reasonable rules and regulations regarding such use. However, in no event will Tenant or the Tenant Entities park more vehicles in the parking facilities than
Tenant’s Proportionate Share of the total parking spaces available for common use. The foregoing shall not be deemed to provide Tenant with an exclusive right to any parking spaces or any guaranty of the availability of any particular parking
spaces or any specific number of parking spaces. Notwithstanding the foregoing, Landlord shall use commercially reasonable efforts to ensure that the number and type of parking passes set forth on the Reference Pages of this Lease are available for
Tenant’s use. Pursuant to Civil Code Section 1938, Landlord states that, as of the Lease Reference Date, the Premises has not undergone inspection by a “Certified Access Specialist” (CASp) to determine whether the Premises meet
all applicable construction-related accessibility standards under California Civil Code Section 55.53. 
 2. TERM. 

2.1 The Term of this Lease shall begin on the date (“Commencement Date”) as shown on the Reference Pages as the Commencement Date,
and shall terminate on the date (“Termination Date”) as shown on the Reference Pages as the Termination Date, unless sooner terminated by the provisions of this Lease. Tenant shall, at Landlord’s request, execute and deliver a
memorandum agreement provided by Landlord in the form of Exhibit C attached hereto, setting forth the actual Commencement Date, Termination Date and, if necessary, a revised rent schedule. Should Tenant fail to do so within thirty
(30) days after Landlord’s request, the information set forth in such memorandum provided by Landlord shall be conclusively presumed to be agreed and correct. 

  
 3 

 2.2 Tenant agrees that in the event of the inability of Landlord to deliver possession of the
Premises on the Commencement Date set forth on the Reference Pages for any reason, Landlord shall not be liable for any damage resulting from such inability, but except to the extent such delay is the result of the acts or omissions of Tenant or any
Tenant Entity. Tenant shall not be liable for any rent until the time when Landlord delivers possession of the Premises to Tenant. No such failure to give possession on the Commencement Date set forth on the Reference Pages shall affect the other
obligations of Tenant under this Lease, except that the actual Commencement Date, the Termination Date and all other dates triggered by the Commencement Date (including, without limitation, the date on which Abated Monthly Installment of Rent, as
described in Section 3.3 below, commences) shall be postponed until the date that Landlord delivers possession of the Premises to Tenant unless such delay is caused by the acts or omissions of Tenant or any Tenant Entities. If any delay is the
result of the acts or omissions of Tenant or any Tenant Entities, the Commencement Date and the payment of rent under this Lease shall be accelerated by the number of days of such delay. 

2.3 Subject to the terms of this Section 2.3 and provided that this Lease and the Early Possession Agreement (as defined below) have been
fully executed by all parties and Tenant has delivered all prepaid rental, the Security Deposit, the Letter of Credit and insurance certificates required hereunder, Landlord grants Tenant the right to enter the Premises as of the date that is one
(1) business day following the date that Landlord regains physical and legal possession of the Premises, at Tenant’s sole risk, solely for the purpose of performing the Initial Alterations and installing telecommunications and data
cabling, equipment, furnishings and other personalty. Such possession prior to the Commencement Date shall be subject to all of the terms and conditions of this Lease, except that Tenant shall not be required to pay Monthly Installment of Rent with
respect to the period of time prior to the Commencement Date during which Tenant occupies the Premises solely for such purposes. However, Tenant shall be liable for any above-standard utilities or special services provided to Tenant during such
period. Notwithstanding the foregoing, if Tenant takes possession of the Premises before the Commencement Date for any purpose other than as expressly provided in this Section, such possession shall be subject to the terms and conditions of this
Lease and Tenant shall pay Monthly Installment of Rent and any other charges payable hereunder to Landlord for each day of possession before the Commencement Date. Said early possession shall not advance the Termination Date. As a condition to any
early entry by Tenant pursuant to this Section 2.3, Tenant shall execute and deliver to Landlord an early possession agreement (the “Early Possession Agreement”) in the form attached hereto as Exhibit E, provided by
Landlord, setting forth the actual date for early possession and the date for the commencement of payment of Monthly Installment of Rent. 

2.4 Notwithstanding any of the foregoing to the contrary, so long as this Lease is fully executed and Tenant has tendered to Landlord all
required prepaid rent, the Security Deposit, the Letter of Credit and required certificates of Tenant’s insurance coverages, if Landlord has not delivered possession of the Premises on or before March 31, 2015 (the “Outside Delivery
Date”), then Tenant, as its sole and exclusive remedy, shall have the option to terminate this Lease exercisable by giving written notice to Landlord on or before the earlier to occur of: (i) three (3) business days after the end of
such period; or (ii) the date on which Landlord delivers 

  
 4 

 
possession of the Premises to Tenant. Landlord and Tenant acknowledge and agree that: (i) the determination of the Outside Delivery Date shall take into consideration the effect of any
delays caused by the acts or omissions of Tenant or any Tenant Entity; and (ii) the Outside Delivery Date shall be postponed by the number of days the Outside Delivery Date is delayed due to strikes, acts of God, shortages of labor or
materials, war, terrorist acts, civil disturbances and other causes beyond the reasonable control of Landlord. 
 3. RENT. 

3.1 Tenant agrees to pay to Landlord the Annual Rent in effect from time to time by paying the Monthly Installment of Rent then in effect on
or before the first day of each full calendar month during the Term, except that the eighth’s full month’s rent (subject to the Abated Monthly Installment of Rent as described in Section 3.3 below) shall be paid upon the execution of
this Lease. The Monthly Installment of Rent in effect at any time shall be one-twelfth (1/12) of the Annual Rent in effect at such time. Rent for any period during the Term which is less than a full month shall be a prorated portion of the
Monthly Installment of Rent based upon the number of days in such month. Said rent shall be paid to Landlord, without deduction or offset (except as otherwise expressly provided in this Lease) and without notice or demand, at the Rent Payment
Address, as set forth on the Reference Pages, or to such other person or at such other place as Landlord may from time to time designate in writing. If more than one (1) Event of Default occurs in any twelve (12) month period during the
Term, Landlord may require by notice to Tenant that all subsequent rent payments be made by an automatic payment from Tenant’s bank account to Landlord’s account, without cost to Landlord. Tenant must implement such automatic payment
system prior to the next scheduled rent payment or within twenty (20) days after Landlord’s notice, whichever is later. Unless specified in this Lease to the contrary, all amounts and sums payable by Tenant to Landlord pursuant to this
Lease shall be deemed additional rent. 
 3.2 Tenant recognizes that late payment of any rent or other sum due under this Lease will result
in administrative expense to Landlord, the extent of which additional expense is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if rent or any other sum is not paid when due and payable pursuant to this
Lease, a late charge shall be imposed in an amount equal to the greater of: (a) Fifty Dollars ($50.00), or (b) five percent (5%) of the unpaid rent or other payment; provided, however, that Tenant shall be entitled to a grace period
of five (5) days for the first late payment in a calendar year. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. The provisions of this
Section 3.2 in no way relieve Tenant of the obligation to pay rent or other payments on or before the date on which they are due, nor do the terms of this Section 3.2 in any way affect Landlord’s remedies pursuant to Article 19
of this Lease in the event said rent or other payment is unpaid after date due. 
 3.3 Notwithstanding anything in this Lease to the
contrary, so long as there exists no Event of Default by Tenant under this Lease, Tenant shall be entitled to an abatement of Monthly Installment of Rent with respect to the Premises, as originally described in this Lease, in the amount of
$123,941.35 for the period commencing March 1, 2015 and continuing through September 30, 2015 (the “Rent Abatement Period”). The maximum total amount of Monthly Installment of Rent abated with respect to the Premises in
accordance with the foregoing shall 

  
 5 

 
equal $867,589.45 (the “Abated Monthly Installment of Rent”). If Tenant defaults under this Lease at any time during the Term (as the same may be extended) and fails to cure such
default within any applicable cure period under this Lease, then all unamortized Abated Monthly Installment of Rent (i.e. based upon the amortization of the Abated Monthly Installment of Rent in equal monthly amounts, without interest, during the
period commencing on the Commencement Date and ending on the original Termination Date) shall immediately become due and payable. Only Monthly Installment of Rent shall be abated pursuant to this Section, as more particularly described herein, and
all other rent and other costs and charges specified in this Lease shall remain as due and payable pursuant to the provisions of this Lease. 
 4. RENT
ADJUSTMENTS. 
 4.1 For the purpose of this Article 4, the following terms are defined as follows: 

4.1.1 Lease Year: Each fiscal year (as determined by Landlord from time to time) falling partly or wholly within the Term.

 4.1.2 Expenses: All costs of operation, maintenance, repair, replacement and management of the Building (including the
amount of any credits which Landlord may grant to particular tenants of the Building in lieu of providing any standard services or paying any standard costs described in this Section 4.1.2 for similar tenants), as determined in accordance with
generally accepted accounting principles, including the following costs by way of illustration, but not limitation: water and sewer charges; utility costs, including, but not limited to, the cost of heat, light, power, steam, gas and energy for the
Building: waste disposal; recycling costs; the cost of janitorial services, the cost of security and alarm services (including any central station signaling system); costs of cleaning, repairing, replacing and maintaining the common areas, including
parking and landscaping, window cleaning costs; labor costs; costs and expenses of managing the Building including management and/or administrative fees (provided that such management fees for the Building (expressed as a percentage of gross
receipts for the Building) shall not exceed in the aggregate five percent (5%) of such gross receipts for the Building); air conditioning maintenance costs; elevator maintenance fees and supplies; material costs; equipment costs including the
cost of maintenance, repair and service agreements and rental and leasing costs; purchase costs of equipment; current rental and leasing costs of items which would be capital items if purchased; tool costs; licenses, permits and inspection fees;
wages and salaries; employee benefits and payroll taxes; accounting and legal fees; any sales, use or service taxes incurred in connection therewith. In addition, Landlord shall be entitled to recover, as additional rent (which, along with any other
capital expenditures constituting Expenses, Landlord may either include in Expenses or cause to be billed to Tenant along with Expenses and Taxes but as a separate item), Tenant’s Proportionate Share of: (i) an allocable portion of the
cost of capital improvement items which are reasonably calculated to reduce operating expenses, provided that Landlord, based on expert third party advice, believes that such improvements will reduce operating expense costs; (ii) the cost of
fire sprinklers and suppression systems and other life safety systems or enhance the environmental sustainability of the Property’s operations; and (iii) other capital expenses which are required under any Regulations which were not
applicable to the Building at the time it was constructed; but the costs described in this sentence shall be amortized over the reasonable life of such expenditures in accordance with such reasonable life and amortization schedules as shall be
determined by 

  
 6 

 
Landlord in accordance with generally accepted accounting principles, with interest on the unamortized amount at one percent (1%) in excess of the Wall Street Journal prime lending rate
announced from time to time. Landlord agrees to act in a commercially reasonable manner in incurring Expenses, taking into consideration the class and the quality of the Building and shall extrapolate Expenses in accordance with the methodology used
to extrapolate Expenses in comparable buildings owned by Landlord and its affiliates in the geographic area in which the Building is located. If during any calendar year of the Term after the Base Year a line item category is included in Expenses or
Insurance Costs that was not included in the Base Year ( a “New Line Item”), Expenses or Insurance Costs (as the case may be) for the Base Year shall be increased by an amount that would have been payable for such New Line Item in
the Base Year had such New Line Item been included in the Base Year, as reasonably determined by Landlord (and, in the event that the New Line Item is initially incurred for only a partial calendar year, the cost of such New Line Item shall be
grossed up to represent a full calendar year for both the Base Year and the calendar year in which the New Line Item first is incurred) and, following the expiration of the calendar year during which the New Line Item initially occurs. Tenant shall
be liable for Tenant’s Proportionate Share of increases in Expenses or Insurance Costs (as the case may be) over the adjusted amount of the Base Year; provided, however that any Expenses or Insurance Costs (as the case may be) that are renamed
or recategorized (by applicable Regulations or otherwise) of that otherwise in substance were included in the Base Year shall not be included in or treated as a New Line Item for purposes of this Section. Notwithstanding the foregoing, in no event
shall Expenses or Insurance Costs for any calendar year following the Base Year but preceding the calendar year in which the New Line Item occurs be retroactively adjusted as a result of such increase in the Expenses or Insurance Costs (as the case
may be) for the Base Year, and in no event shall Tenant be entitled to a credit as a result of such increase. Except with respect to the amortized amounts of any capital expenditures and tax payments in installments as permitted by this Lease,
and/or adjustments to account for any tax appeals, in no event shall Landlord be entitled to a reimbursement from tenants for Expenses in excess of one hundred percent (100%) of the costs actually paid or incurred by Landlord in any applicable
calendar year. Expenses shall not include Taxes, Insurance Costs, depreciation or amortization of the Building of equipment in the Building except as provided herein, loan principal payments, costs of alterations of tenants’ premises, leasing
commissions, interest expenses on long-term borrowings or advertising costs. 
 The following are also excluded from Expenses: 

 

	 	(a)	Sums (other than management fees, it being agreed that the management fees included in Expenses are as described in Section 4.1.2 above) paid to subsidiaries or other affiliates of Landlord for services on or to
the Building and/or Premises, but only to the extent that the costs of such services exceed the competitive cost for such services rendered by persons or entities of similar skill, competence and experience. 

 

	 	(b)	Attorney’s fees and other expenses incurred in connection with negotiations or disputes with prospective tenants or tenants or other occupants of the Building. 

  
 7 

	 	(c)	Costs in connection with leasing space in the Building, including brokerage commissions, brochures and marketing supplies, legal fees in negotiating and preparing lease documents. 

 

	 	(d)	Attorney’s fees and disbursements, brokerage commissions, transfer taxes, recording costs and taxes, title insurance premiums, title closer’s fees and gratuities and other similar costs incurred in connection
with the sale or transfer of an interest in Landlord of the Building. 

  

	 	(e)	Any “tenant allowances”, “tenant concessions” and other costs or expenses incurred in fixturing, furnishing, renovating or otherwise improving, decorating or redecorating space for tenants or other
occupants of the Building, or vacant leasable space in the Building, except in connection with general maintenance and repairs provided to the tenants of the Building in general. 

 

	 	(f)	Landlord’s costs of electricity and other services sold or provided to tenants in the Building and for which Landlord is entitled to be reimbursed by such tenants as a separate additional charge or rental over and
above the monthly installment of rent or additional rent payable under the lease with such tenant. 

  

	 	(g)	The cost or expense of any services or benefits provided generally to other tenants in the Building and not provided or available to Tenant. 

 

	 	(h)	Except as specifically provided in Section 4.1.2, any capital improvement costs. 

  

	 	(i)	Advertising and promotional expenditures. 

  

	 	(j)	The cost of complying with any Regulations in effect (and as interpreted and enforced) on the date of this Lease, provided that if any portion of the Building that was in compliance with all applicable Regulations on
the date of this Lease becomes out of compliance due to normal wear and tear, the cost of bringing such portion of the Building into compliance shall be included in Expenses unless otherwise excluded pursuant to the terms hereof. 

 

	 	(k)	Fines, costs or penalties incurred as a result and to the extent of a violation by Landlord of any applicable Regulations. 

  

	 	(l)	Any fines, penalties or interest resulting from the gross negligence or willful misconduct of Landlord. 

  

	 	(m)	The cost of operating any commercial concession which is operated by Landlord at the Building. 

  

	 	(n)	Any cost or expense related to removal, cleaning, abatement or remediation of Hazardous Materials existing as of the date of this Lease in or about the Building, common areas or project except to the extent such
removal, cleaning, abatement or remediation is related to the general repair and maintenance of the Building; provided, however, notwithstanding the foregoing, Expenses shall include the cost of Landlord’s environmental audit.

  
 8 

	 	(o)	Costs incurred by Landlord for the repair of damage to the Building, to the extent that Landlord is reimbursed for such costs by insurance proceeds, contractor warranties, guarantees, judgments or other third party
sources; provided that Landlord shall use commercially reasonable efforts to recover such costs. 

  

	 	(p)	All bad debt loss, rent loss, or reserves for bad debt or rent loss. 

  

	 	(q)	Salaries or fringe benefits of employees whose time is not spent directly and solely in the operation of the Building, provided that if any employee performs services in connection with the Building and other buildings,
costs associated with such employee may be proportionately included in Expenses based on the percentage of time such employee spends in connection with the operation, maintenance and management of the Building. 

 

	 	(r)	Landlord’s charitable and political contributions. 

  

	 	(s)	Depreciation: principal payments of mortgage and other non operating debts of Landlord. 

  

	 	(t)	All costs associated with the operation of the business of the entity which constitutes “Landlord” (as distinguished from the costs of operating, maintaining, repairing and managing the Building) including,
but not limited to, Landlord’s or Landlord’s managing agent’s general corporate overhead and general administrative expenses. 

Notwithstanding the foregoing, for purposes of computing Tenant’s Proportionate Share of Expenses, the Controllable Expenses (hereinafter defined) shall
not increase by more than five percent (5%) per calendar year on a compounding and cumulative basis over the course of the initial Term. In other words, Controllable Expenses for the first calendar year after the Base Year shall not exceed one
hundred five percent (105%) of the Controllable Expenses for the Base Year. Controllable Expenses for the second calendar year after the Base Year shall not exceed one hundred five percent (105%) of the limit on Controllable Expenses for
the first calendar year after the Base Year, etc. By way of illustration, if Controllable Expenses were $10.00 per rentable square foot for the Base Year, then Controllable Expenses for the first calendar year following the Base Year shall not
exceed $10.50 per rentable square foot, and Controllable Expenses for the second calendar year following the Base year shall not exceed $11.03 per rentable square foot. “Controllable Expenses” shall mean all Expenses exclusive of the cost
of insurance, utilities, taxes, capital improvements and the cost of refuse removal, lawn maintenance and costs imposed by any covenants, conditions and restrictions and any other agreements recorded against the Building or the Project. 

4.1.3 Taxes: Real estate taxes and any other taxes, charges and assessments which are levied with respect to the Building or the land
appurtenant to the Building, or with respect to any improvements, fixtures and equipment or other property of Landlord, real or personal, located in the Building and used in connection with the operation of the Building and

  
 9 

 
said land, including without limitation, gross receipts taxes, any payments to any ground lessor in reimbursement of tax payments made by such lessor; and all fees, expenses and reasonable costs
incurred by Landlord in investigating, protesting, contesting or in any way seeking in good faith to reduce or avoid increase in any assessments, levies or the tax rate pertaining to any Taxes to be paid by Landlord in any Lease Year. Taxes shall be
determined without regard to any “green building” credit and shall not include any corporate franchise, or estate, inheritance or net income tax, or documentary transfer tax imposed upon any transfer by Landlord of its interest in this
Lease or any taxes to be paid by Tenant pursuant to Article 28. Taxes shall not include franchise, income, profit, or similar taxes imposed upon or measured by the income or profits of Landlord; provided, however, if due to a future change in
the method of taxation, any franchise, income or profit or other tax shall be levied in substitution in whole or in part or in lieu of any tax which would otherwise constitute a part of Taxes under this Lease, such franchise, income, profit or other
tax shall be deemed to be a part of Taxes for the purposes of this Lease. 
 4.1.4 Insurance Costs: Any and all insurance
charges of or relating to all insurance policies and endorsements deemed by Landlord to be reasonably necessary or desirable (which, taking into consideration the class and the quality of the Building, shall be comparable to charges by other
landlords for buildings in the same geographic area in which the Building is located) and relating in any manner to the protection, preservation, or operation of the Building or any part thereof. 

4.2 If in any Lease Year, (i) Expenses paid or incurred shall exceed Expenses paid or incurred in the Base Year (Expenses) and/or
(ii) Taxes paid or incurred by Landlord in any Lease Year shall exceed the amount of such Taxes which became due and payable in the Base Year (Taxes), and/or (iii) Insurance Costs paid or incurred by Landlord in any Lease Year shall exceed
the amount of such Insurance Costs which became due and payable in the Base Year (Insurance), Tenant shall pay as additional rent for such Lease Year Tenant’s Proportionate Share of each excess amount. Notwithstanding anything to the contrary
set forth in this Lease, Tenant shall not be responsible for Tenant’s Proportionate Share of Expenses, Insurance Costs or Taxes for the first twelve (12) full calendar months of the initial Term. 

4.3 The annual determination of Expenses and Insurance Costs shall be made by Landlord and shall be binding upon Landlord and Tenant, subject
to the provisions of this Section 4.3. Landlord may deliver such annual determination to Tenant via regular U.S. mail. During the Term, Tenant may review, at Tenant’s sole cost and expense, the books and records supporting such
determination in an office of Landlord, or Landlord’s agent, during normal business hours, upon giving Landlord five (5) days advance written notice within three hundred sixty-five (365) days after receipt of such determination, but
in no event more often than once in any one (1) year period, subject to execution of a commercially reasonable confidentiality agreement acceptable to Landlord and Tenant, and provided that if tenant utilizes an independent accountant to
perform such review it shall be one of national or regional standing which is reasonably acceptable to Landlord, is not compensated on a contingency basis and is also subject to such confidentiality agreement. If Tenant fails to object to
Landlord’s determination of Expenses and Insurance Costs within three hundred sixty-five (365) days after receipt, or if any such objection fails to state with specificity the reason for the objection, Tenant shall be deemed to have
approved such determination and shall have no further right to object to or contest such determination. If Landlord and Tenant determine that actual Expenses for the Building for the 

  
 10 

 
year in question were less than stated by more than ten percent (10%), Landlord, within forty-five (45) days after its receipt of paid invoices therefor from Tenant, shall reimburse Tenant
for the reasonable amounts paid by tenant to third parties in connection with such review by Tenant; provided, however, that in no event shall Landlord be obligated to reimburse Tenant for costs in excess of $2,000.00. If Landlord and Tenant
determine that Expenses and/or Insurance Costs for the calendar year are less than reported, Landlord shall provide Tenant with a credit in accordance with Section 4.5.2 below. Likewise, if Landlord and Tenant determine that Expenses and/or
Insurance Costs for the calendar year are greater than reported, Tenant shall pay Landlord the amount of any underpayment in accordance with Section 4.5.1 below. In the event that during all or any portion of any Lease Year or Base Year, the
Building is not fully rented and occupied Landlord shall make an appropriate adjustment in occupancy-related Expenses for such year for the purpose of avoiding distortion of the amount of such Expenses to be attributed to Tenant by reason of
variation in total occupancy of the Building, by employing consistent and sound accounting and management principles to determine Expenses that would have been paid or incurred by Landlord had the Building been at least ninety-five percent
(95%) rented and occupied, and the amount so determined shall be deemed to have been Expenses for such Lease Year. 
 4.4 Prior to the
actual determination thereof for a Lease year, Landlord may from time to time but not more than two (2) times in any Lease Year estimate Tenant’s liability for Expenses, Insurance Costs and/or Taxes under Section 4.2, Article 6
and Article 28 for the Lease Year or portion thereof. Landlord will give Tenant written notification of the amount of such estimate and Tenant agrees that it will pay, by increase of its Monthly installments of Rent due in such Lease Year,
additional rent in the amount of such estimate. Any such increased rate of Monthly Installments of Rent pursuant to this Section 4.4 shall remain in effect until further written notification to Tenant pursuant thereto. 

4.5 Landlord shall make the actual determination of Tenant’s liability for Expenses, Insurance Costs and/or Taxes within one hundred
eighty (180) days following end of the Lease Year to which such determination applies. When the above mentioned actual determination of Tenant’s liability for Expenses, Insurance Costs and/or Taxes is made for any Lease Year and when
Tenant is so notified in writing, then: 
 4.5.1 If the total additional rent Tenant actually paid pursuant to Section 4.3 on account
of Expenses, Insurance Costs and/or Taxes for the Lease Year is less than Tenant’s liability for Expenses, Insurance Costs and/or Taxes, then Tenant shall pay such deficiency to Landlord as additional rent in one lump sum within thirty
(30) days of receipt of Landlord’s bill therefor; and 
 4.5.2 If the total additional rent Tenant actually paid pursuant to
Section 4.3 on account of Expenses, Insurance Costs and/or Taxes for the Lease Year is more than Tenant’s liability for Expenses, Insurance Costs and/or Taxes, then Landlord shall credit the difference against the then next due payments to
be made by Tenant under this Article 4, or, if this Lease has terminated, refund the difference in cash within thirty (30) days following date on which the actual determination of Tenant’s liability for Expenses, Insurance Costs
and/or Taxes is made for such Lease Year. Tenant shall not be entitled to a credit by reason of actual Expenses and/or Taxes and/or Insurance Costs in any Lease Year being less than Expenses and/or Taxes and/or Insurance Costs in the Base Year
(Expenses and/or Taxes and/or Insurance). 
 4.6 If the Commencement Date is other than January 1 or if the Termination Date is other
than December 31, Tenant’s liability for Expenses, Insurance Costs and Taxes for the Lease Year in which said Date occurs shall be prorated based upon a three hundred sixty-five (365) day year. 

  
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 5. SECURITY DEPOSIT. Tenant shall deposit the Security Deposit with Landlord upon the execution of this
Lease. Said sum shall be held by Landlord as security for the faithful performance by Tenant of all the terms, covenants and conditions of this Lease to be kept and performed by Tenant and not as an advance rental deposit or as a measure of
Landlord’s damage in case of Tenant’s default. If (a) an Event of Default by Tenant occurs in the payment or performance of any of the terms, covenants or conditions of this Lease, including the payment of rent, or (b) Tenant
fails to make any installment of rent within ten (10) business days after the same is due (without any obligation on the part of Landlord to provide Tenant written notice of such failure), Landlord may apply or retain the whole or any part of
the Security Deposit, to the extent required for the payment of any Monthly Installment of Rent or any other sum as to which Tenant is in default including (i) any sum which Landlord may expend or may be required to expend by reason of
Tenant’s default, and/or (ii) any damages to which Landlord is entitled pursuant to this Lease, whether such damages accrue before or after summary proceedings or other reentry by Landlord. If any portion is so used, Tenant shall within
ten (10) days after written demand therefor, deposit with Landlord an amount sufficient to restore the Security Deposit to its original amount and Tenant’s failure to do so shall be a material breach of this Lease. Except to such extent,
if any, as shall be required by law, Landlord shall not be required to keep the Security Deposit separate from its general funds, and Tenant shall not be entitled to interest on such deposit. Pursuant to applicable Regulations, Landlord shall return
any unapplied balance of the Security Deposit to Tenant within forty-five (45) days after the later of: (1) the date on which Tenant surrenders the Premises to Landlord in accordance with the terms and conditions of this Lease, and
(2) the date on which Tenant cures any outstanding breach or default by Tenant under this Lease. In addition to any other deductions Landlord is entitled to make pursuant to the terms hereof, Landlord shall have the right to make a good faith
estimate of any unreconciled Expenses and/or Taxes as of the Termination Date and to deduct any anticipated shortfall from the Security Deposit. Notwithstanding anything to the contrary herein or in Article 23 hereof, Tenant herby waives the
provisions of Section 1950.7 of the California Civil Code, or any similar or successor Regulations or other laws now or hereinafter in effect. 
 6.
ALTERATIONS. 
 6.1 Except for those, if any, specifically provided for in Exhibit B to this Lease, Tenant shall not make
or suffer to be made any alterations, additions, or improvements, including, but not limited to, the attachment or any fixtures of equipment in, on, or to the Premises or any part thereof or the making of any improvements as required by
Article 7, without the prior written consent of Landlord. When applying for such consent, Tenant shall, if requested by Landlord, furnish complete plans and specifications for such alterations, additions and improvements. Landlord’s
consent shall not be unreasonably withheld, conditioned or delayed with respect to alterations which (i) are not structural in nature, (ii) are not visible from 

  
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the exterior of the Building, and (iii) do not affect or require modification of the Building’s electrical, mechanical, plumbing, HVAC or other systems. In addition, Tenant shall have
the right to perform, with prior written notice to but without Landlord’s consent, any alteration, addition, or improvement that satisfies all of the following criteria (a “Cosmetic Alteration”); (1) is of a cosmetic nature such
as painting, hanging pictures and installing carpeting; (2) is not visible from the exterior of the Premises of Building; (3) will not affect the systems or structure of the Building; (4) costs less than $100,000.00 in the aggregate
during any twelve (12) month period of the Term of this Lease, and (5) does not require work to be performed inside the walls or above the ceiling of the Premises. However, even though consent is not required, the performance of Cosmetic
Alterations shall be subject to all of the other provisions of this Article 6. 
 6.2 In the event Landlord consents to the making of
any such alteration, addition or improvement by Tenant, the same shall be made by using either Landlord’s contractor or a contractor reasonably approved by Landlord, in either event at Tenant’s sole cost and expense. If Tenant shall employ
any contractor other than Landlord’s contractor and such other contractor or any subcontractor of such other contractor shall employ any non-union labor or supplier, Tenant shall be responsible for and hold Landlord harmless from any and all
delays, damages and extra costs suffered by Landlord as a result of any dispute with any labor unions concerning the wage, hours, terms or conditions of the employment of any such labor. In any event Landlord may charge Tenant a construction
management fee equal to three percent (3%) of the cost of such work (other than any Cosmetic Alteration that satisfies the criteria set forth in Section 6.1) to cover its overhead as it relates to such proposed work, plus third-party costs
actually incurred by Landlord in connection with the proposed work and the design thereof, with all such amounts being due thirty (30) days after Landlord’s demand. 

6.3 All alterations, additions or improvements proposed by Tenant shall be constructed in accordance with all Regulations, and with
Landlord’s Building construction standards (if any) from time to time to the extent applicable (which standards shall be made available to Tenant by Landlord’s Building manager upon request). Tenant shall use Building standard materials
where applicable, and Tenant shall, prior to construction, provide the additional insurance required under Article 11 in such case, and also all such assurances to Landlord as Landlord shall reasonably require to assure payment of the costs
thereof, including but not limited to, notices of non-responsibility, waivers of lien, surety company performance bonds (provided that no such bonds shall be required for any alterations, additions or improvements that are estimated to cost less
than $100,000.00 in the aggregate) and funded construction escrows and to protect Landlord and the Building and appurtenant land against any loss from any mechanic’s, materialmen’s or other liens. Tenant shall pay in addition to any sums
due pursuant to Article 4, any increase in real estate taxes attributable to any such alteration, addition or improvement for so long, during the Term, as such increase is ascertainable, at Landlord’s election said sums shall be paid in
the same way as sums due under Article 4. Landlord may, as a condition to its consent to any particular alterations or improvements require Tenant to deposit with Landlord the amount reasonably estimated by Landlord as sufficient to cover the
cost of removing such alterations or improvements and restoring the Premises, to the extent required under Section 26.2. 

  
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 6.4 Notwithstanding anything to the contrary contained herein, so long as Tenant’s
written request for consent for a proposed alteration or improvements contains the following statement in large, bold and capped font “PURSUANT TO ARTICLE 6 OF THE LEASE, IF LANDLORD CONSENTS TO THE SUBJECT ALTERATION, LANDLORD SHALL
NOTIFY TENANT IN WRITING WHETHER OR NOT LANDLORD WILL REQUIRE SUCH ALTERATION TO BE REMOVED AT THE EXPIRATION OR EARLIER TERMINATION OF THE LEASE.”, at the time Landlord gives its consent for any alterations or improvements, if it so does,
Tenant shall also be notified whether or not Landlord will require that such alterations or improvements be removed upon the expiration or earlier termination of this Lease. Notwithstanding anything to the contrary contained in this Lease, at the
expiration or earlier termination of this Lease and otherwise in accordance with Article 26 hereof, Tenant shall be required to remove all alterations or improvements made to the Premises except for any such alterations or improvements which
Landlord expressly indicates or is deemed to have indicated shall not be required to be removed from the Premises by Tenant. If Tenant’s written notice strictly complies with the foregoing and if Landlord fails to so notify Tenant whether
Tenant shall be required to remove the subject alterations or improvements at the expiration or earlier termination of this Lease, it shall be assumed that Landlord shall require the removal of the subject alterations or improvements. 

7. REPAIR. 
 7.1 Landlord shall
have no obligation to alter, remodel, improve, repair, decorate or paint the Premises, except that Landlord shall repair and maintain the structural portions of the Building, including the basic plumbing, air conditioning, heating and electrical
systems installed or furnished by Landlord. By taking possession of the Premises, Tenant accepts them as being in good order, condition and repair and in the condition in which Landlord is obligated to deliver them. However, notwithstanding the
foregoing, Landlord agrees that the base Building electrical, heating, ventilation and air conditioning and plumbing systems located in the Premises shall be in good working order as of the date Landlord delivers possession of the Premises to
Tenant. Except to the extent caused by the acts or omissions of Tenant or any Tenant Entities or by any alterations or improvements performed by or on behalf of Tenant, if such systems are not in good working order as of the date possession of the
Premises is delivered to Tenant and Tenant provides Landlord with notice of the same within sixty (60) days following the date Landlord delivers possession of the Premises to Tenant, Landlord shall be responsible for repairing or restoring the
same. It is hereby understood and agreed that no representations respecting the condition of the Premises or the Building have been made by Landlord to Tenant, except as specifically set forth in this Lease. 

7.2 Tenant shall, at all times during the Term, keep the Premises in good condition and repair excepting damage by fire, or other casualty,
and in compliance with all applicable governmental laws, ordinances and regulations, promptly complying with all governmental orders and directives for the correction, prevention and abatement of any violations or nuisances in or upon, or connected
with, the Premises, all at Tenant’s dole expense, Repair and maintenance work shall be undertaken in compliance with Landlord’s Building construction standards (if any) from time to time to the extent applicable (which standards shall be
made available to Tenant by Landlord’s Building manager upon request). 

  
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 7.3 Landlord shall not be liable for any failure to make any repairs or to perform any
maintenance unless such failure shall persist for an unreasonable time after either (i) written notice of the need of such repairs or maintenance is given by Landlord by Tenant; or (ii) Landlord becomes aware of the necessity for such
repairs or maintenance (provided that such awareness shall be limited to the actual knowledge of the property manager for the Building and not any implied, imputed, or constructive knowledge of said individual or of Landlord or any parties related
to our comprising Landlord). 
 7.4 Except as provided in Article 22 or as otherwise expressly provided in this Lease, there shall be
no abatement of rent and no liability of Landlord by reason of any injury to or interference with Tenant’s business arising from the making of any repairs, alterations or improvements in or to any portion of the Building or the Premises or to
fixtures, appurtenances and equipment in the Building. Tenant hereby waives any and all rights under and benefits of subsection 1 of Section 1932 and Sections 1941 and 1942 of the California Civil Code, or any similar or successor
Regulations or other laws now or hereinafter in effect. 
 8. LIENS. Tenant shall keep the Premises, the Building and appurtenant land and
Tenant’s leasehold interest in the Premises free from any liens arising out of any services, work or materials performed, furnished, or contracted for by Tenant or obligations incurred by Tenant. In the event that Tenant fails, within ten
(10) business days following the imposition of any such lien, to either cause the same to be released of record or provide Landlord with insurance against the same issued by a major title insurance company or such other protection against the
same as Landlord shall accept (such failure to constitute an Event of Default), Landlord shall have the right to cause the same to be released by such means as it shall deem proper, including payment of the claim giving rise to such lien. All such
sums paid by Landlord and all expenses incurred by it in connection therewith shall be payable to it by Tenant within five (5) days of Landlord’s demand. 

9. ASSIGNMENT AND SUBLETTING. 
 9.1
Tenant shall not have the right to assign or pledge this lease or to sublet the whole or any part of the Premises whether voluntarily or by operation of law, or permit the use of occupancy of the Premises by anyone other than Tenant, and shall not
make, suffer or permit such assignment, subleasing or occupancy without the prior written consent of Landlord, such consent not to be unreasonably withheld, conditioned or delayed, and said restrictions shall be binding upon any and all assignees of
this Lease and subtenants of the Premises. In the event Tenant desires to sublet, or permit such occupancy of, the Premises, or any portion thereof, or assign this Lease. Tenant shall give written notice thereof to Landlord at least thirty
(30) days but no more than one hundred twenty (120) days prior to the proposed commencement date of such subletting of assignment, which notice shall set forth the name of the proposed subtenant or assignee, the relevant terms of any
sublease or assignment and copies of financial reports and other relevant financial information of the proposed subtenant or assignee. 

9.2 Notwithstanding any assignment or subletting, permitted or otherwise, Tenant shall at all times remain directly, primarily and fully
responsible and liable for the payment of the rent specified in this Lease and for compliance with all of its other obligations under the terms, provisions and covenants of this Lease. Upon the occurrence of an Event of Default, if

  
 15 

 
the Premises or any part of them are then assigned or sublet, Landlord, in addition to any other remedies provided in this Lease or provided by law, may, at its option, collect directly from such
assignee or subtenant all rents due and becoming due to Tenant under such assignment or sublease and apply such rent against any sums due to Landlord from Tenant under this Lease, and no such collection shall be construed to constitute a novation or
release of Tenant from the further performance of Tenant’s obligations under this Lease. 
 9.3 In addition to Landlord’s right to
approve any subtenant or assignee, except in the event of a Permitted Transfer (as defined in Section 9.8 below), Landlord shall have the option, in its sole discretion, in the event of any proposed sublease of 100% of the Premises or an
assignment of this Lease to terminate this Lease effective as of the date the proposed assignment or subletting is to be effective and, in the case of a sublease (a) that would result in fifty percent (50%) or more of the Premises being
subject to the sublease, or (b) a sublease for a term of more than fifty percent (50%) of the then-remaining Term of this Lease, to recapture the portion of the Premises to be sublet effective as of the date the proposed subletting is to
be effective. The option shall be exercised, if at all, by Landlord giving Tenant written notice given by Landlord to Tenant within thirty (30) days following Landlord’s receipt of Tenant’s written notice as required above. However,
if Tenant notifies Landlord, within five (5) days after receipt of Landlord’s termination notice, that Tenant is rescinding its proposed assignment or sublease, the termination notice shall be void and this Lease shall continue in full
force and effect. If this Lease shall be terminated with respect to the entire Premises pursuant to this Section, the Term of this Lease shall end on the date stated in Tenant’s notice as the effective date of the sublease or assignment as if
that date had been originally fixed in this Lease for the expiration of the Term. If Landlord recaptures under this Section only a portion of the Premises, the rent to be paid from time to time during the unexpired Term shall abate proportionately
based on the proportion by which the approximate square footage of the remaining portion of the Premises shall be less than that of the Premises as of the date immediately prior to such recapture. Tenant shall, at Tenant’s own cost and expense,
discharge in full any outstanding commission obligation which may be due and owing as a result of any proposed assignment or subletting, whether or not the Premises are recaptured pursuant to this Section 9.3 and rented by Landlord to the
proposed tenant or any other tenant. 
 9.4 In the event that Tenant sells, sublets assigns or transfers this Lease, Tenant shall pay to
Landlord as additional rent an amount equal to fifty percent (50%) of any Increased Rent (as defined below), less the Costs Component (as defined below), when and as such Increased Rent is received by Tenant. As used in this Section,
“Increased Rent” shall mean the excess of (i) all rent and other consideration which Tenant is entitled to receive by reason of any sale, sublease, assignment or other transfer of this Lease (excluding consideration received by Tenant
in connection with the sale of its business), over (ii) the rent otherwise payable by Tenant under this Lease at such time. For purposes of the foregoing, any consideration received by Tenant in form other than cash shall be valued at its fair
market value as determined by Landlord in good faith. The “Costs Component” is that amount which, if paid monthly, would fully amortize on a straight-line basis, over the entire period for which Tenant is to receive Increased Rent, the
reasonable costs incurred by Tenant for leasing commissions, reasonably attorneys’ fees and tenant improvements (i.e., any changes, alterations or improvements to the Premises) in connection with such sublease, assignment or other transfer.

  
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 9.5 Notwithstanding any other provision hereof, it shall be considered reasonable for Landlord to
withhold its consent to any assignment of this Lease or sublease of any portion of the Premises if at the time of either Tenant’s notice of the proposed assignment or sublease or the proposed commencement date thereof, there shall exist any
uncured default of Tenant beyond any applicable notice and cure period, or if the proposed assignee or sublessee is an entity: (a) with which Landlord is then in active negotiation; (b) is already an occupant of the Building unless
Landlord is unable to provide the amount of space required by such occupant (provided that Landlord will not withhold its consent solely because the proposed subtenant or assignee is an occupant of the Building if Landlord does not have space
available for lease in the Building that is comparable to the space Tenant desires to sublet or assign within 6 months of the proposed commencement of the proposed sublease or assignment); (c) is a governmental agency; (d) is
incompatible with the character of occupancy of the Building, as reasonably determined by Landlord; (e) with which the payment for the sublease or assignment is determined in whole or in part based upon its net income or profits; or
(f) would subject the Premises to a use which would; (i) involve materially increased personnel or wear upon the Building; (ii) violate any exclusive right granted to another tenant of the Building; (iii) require any material
addition to or modification of the Premises or the Building in order to comply with building code or other governmental requirements; or, (iv) involve a violation of Section 1.2. Tenant expressly agrees that for the purposes of any
statutory or other requirement of reasonableness on the part of Landlord, Landlord’s refusal to consent to any assignment or sublease for any of the reasons described in this Section 9.5, shall be conclusively deemed to be reasonable. 

9.6 Upon any request to assign or sublet, Tenant will pay to Landlord the Assignment/Subletting Fee plus, on demand, a sum equal to all of
Landlord’s costs, including reasonable attorney’s fees, incurred in investigating and considering any proposed or purported assignment or pledge of this Lease or sublease of any of the Premises, regardless of whether Landlord shall consent
to, refuse consent, or determine that Landlord’s consent is not required for, such assignment, pledge or sublease. Notwithstanding the foregoing, provided that neither the Tenant nor the proposed transferee requests any changes to this Lease or
Landlord’s standard form of consent (other than minor and immaterial changes) in connection with the proposed transfer, the attorney’s fees payable by Tenant pursuant to this Section 9.6 shall not exceed $2,000.00 for such proposed
transfer. Any purported sale, assignment, mortgage, transfer of this Lease or subletting which does not comply with the provisions of this Article 9 shall be void. 

9.7 If Tenant is a corporation, limited liability company, partnership or trust, any transfer or transfers of or change or changes within any
twelve (12) month period of more than fifty percent (50%) of the ownership interests in Tenant shall be regarded as equivalent to an assignment of this Lease to the persons or entities acquiring such ownership or control and shall be
subject to all the provisions of this Article 9 to the same extent and for all intents and purposes as though such an assignment. In addition, the foregoing shall not apply to the infusion of additional equity capital in Tenant or an initial
public offering of equity securities of Tenant under the Securities Act of 1933, as amended, which results in Tenant’s stock being traded on a national securities exchange, including, but not limited to, the NYSE, the NASDAQ Stock Market or the
NASDAQ Small Cap Market System. 
 9.8 So long as Tenant is not entering into the Permitted Transfer (as defined below) for the purpose of
avoiding or otherwise circumventing the remaining terms of this Article 9, 

  
 17 

 
Tenant may assign its entire interest under this Lease, without the consent of Landlord, to (a) an affiliate, subsidiary, or parent of Tenant, or a corporation, partnership or other legal
entity wholly owned by Tenant (collectively, an “Affiliated Party”), or (b) a successor to Tenant by purchase, merger, consolidation or reorganization, provided that all of the following conditions are satisfied (each such transfer a
“Permitted Transfer” and any such assignee or sublessee of a Permitted Transfer, a “Permitted Transferee”): (i) there exists no Event of Default by Tenant under this Lease; (ii) the use permitted by the terms of this
Lease does not allow the Premises to be used for retail purposes; (iii) Tenant shall give Landlord written notice at least thirty (30) days prior to the effective date of the proposed Permitted Transfer (provided that, if prohibited by
applicable Regulations or by a confidentiality agreement binding on Tenant, then Tenant shall give Landlord written notice within 10 days after the effective date of the proposed purchase, merger, consolidation or reorganization);
(iv) with respect to a proposed Permitted Transfer to an Affiliated Party, Tenant continues to have a net worth equal to or greater than Tenant’s net worth at the date of this Lease; and (v) with respect to a purchase, merger,
consolidation or reorganization or any Permitted Transfer which results in Tenant ceasing to exist as a separate legal entity, (A) Tenant’s successor shall own all or substantially all of the assets of Tenant, and (B) Tenant’s
successor shall have a net worth which is at least equal to Tenant’s net worth at the date of this Lease. Tenant’s notice to Landlord shall include information and documentation showing that each of the above conditions has been satisfied.
If requested by Landlord, Tenant’s successor shall sign a commercially reasonable form of assumption agreement. As used herein, (1) “parent” shall mean a company which owns a majority of Tenant’s voting equity;
(2) “subsidiary” shall mean an entity wholly owned by Tenant or at least fifty-one percent (51%) of whose voting equity is owned by Tenant; and (3) “affiliate” shall mean an entity controlled, controlling or under
common control with Tenant. 
 10. INDEMNIFICATION. 

10.1 None of the Landlord Entities shall be liable and Tenant hereby waives all claims against them for any damage to any property or any
injury to any person in or about the Premises or the Building by or from any cause whatsoever (including without limiting the foregoing, rain or water leakage of any character from the roof, windows, walls, basement, pipes, plumbing works or
appliances, the Building not being in good condition or repair, gas, fire, oil, electricity or theft), except to the extent caused by or arising from the active negligence or willful misconduct of Landlord or its agents, employees or contractors.
Tenant shall protect, indemnify and hold the Landlord Entities harmless from and against any and all loss, claims, liability or costs (including court costs and reasonable attorney’s fees) incurred by reason of (a) any damage to any
property (including but not limited to property of any Landlord Entity) or any injury (including but not limited to death) to any person occurring in, on or about the Premises or the Building to the extent that such injury or damage shall be caused
by or arise from any actual or alleged act, neglect, fault, or omission by or of Tenant or any Tenant Entity to meet any standards imposed by any duty with respect to the injury or damage; (b) the conduct or management of any work or thing
whatsoever done by the Tenant in or about the Premises or from transactions of the Tenant concerning the Premises; (c) Tenant’s actual or asserted failure to comply with any and all Regulations applicable to the condition or use of the
Premises or its occupancy; or (d) any breach or default on the part of Tenant in the performance of any covenant or agreement on the part of the Tenant to be performed pursuant to this Lease. 

  
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 10.2 Landlord shall protect, indemnify and hold Tenant harmless from and against any and all
loss, claims, liability or costs (including court costs and attorney’s fees) incurred by reason of any damage to any property (including but not limited to property of Tenant) or any injury (including but not limited to death) to any person
occurring in, on or about the common areas of the Building to the extent that such injury or damage shall be caused by or arise from (i) the active negligence or willful misconduct of Landlord or any of Landlord’s agents or employees; or
(ii) any breach of this Lease by Landlord or any Landlord Entity. 
 10.3 The provisions of this Article shall survive the termination
of this Lease with respect to any claims or liability accruing prior to such termination. 
 11. INSURANCE. 

11.1 Tenant shall keep in force throughout the Term: (a) a Commercial General Liability insurance policy or policies to protect the
Landlord Entities against any liability to the public or to any invitee of Tenant or a Landlord Entity incidental to the use of or resulting from any accident occurring in or upon the Premises with a limit of not less than $1,000,000 per occurrence
and not less than $2,000,000 in the annual aggregate, or such larger amount as Landlord may prudently require from time to time, covering bodily injury and property damage liability and $1,000,000 products/completed operations aggregate;
(b) Business Auto Liability covering owned, non-owned and hired vehicles with a limit of not less than $1,000,00 per accident; (c) Worker’s Compensation Insurance with limits as required by statute with Employers Liability and limits
of $500,000 each accident, $500,000 disease policy limit, $500,000 disease–each employee; (d) All Risk or Special Form coverage protecting Tenant against loss of or damage to Tenant’s alterations, additions, improvements, carpeting,
floor coverings, panelings, decorations, fixtures, inventory and other business personal property situated in or about the Premises to the full replacement value of the property so insured; and, (e) Business Interruption Insurance with limit of
liability representing loss of at least approximately six (6) months of income. 
 11.2 The aforesaid policies shall (a) be
provided at Tenant’s expense; (b) name the Landlord Entities as additional insureds (General Liability) and loss payee (Property—Special Form); (c) be issued by an insurance company with a minimum Best’s rating of “A- VII” during the Term; and (d) provide that said insurance shall not be canceled unless thirty (30) days prior written notice (ten days for non-payment of premium) shall have been given to
Landlord; provided, however, that in the event that Tenant’s insurance carrier will not provide such notice to Landlord, then Tenant must provide such written notice to Landlord within the time frames set forth above; a certificate of Liability
insurance on ACORD Form 25 and a certificate of Property insurance on ACORD Form 28 shall be delivered to Landlord by Tenant upon the Commencement Date and at least ten (10) days prior to each renewal of said insurance. 

11.3 Whenever Tenant shall undertake any alterations, additions or improvements in, to or about the Premises (“Work”) the aforesaid
insurance protection must extend to and include injuries to persons and damage to property arising in connection with such Work, without limitation including liability under any applicable structural work act, and such other insurance as Landlord
shall reasonably require; and the policies of or certificates evidencing such insurance must be delivered to Landlord prior to the commencement of any such Work. 

  
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 11.4 Except to the extent required by Landlord’s lender, Landlord shall only require an
increase in the amount of existing insurance required pursuant to this Section in the event that (i) at any time following the thirty-sixth (36th) full calendar month of the initial
Term, Landlord reasonably determines that the amount of insurance carried by Tenant hereunder is materially less than the amount or type of insurance coverage typically carried by tenant’s of the Building and owners or tenants of comparable
buildings located in the geographical area in which the Premises are located which are operated for similar purposes as the Premises, or (ii) if Tenant’s use of the Premises should change with or without Landlord’s consent. 

11.5 Landlord shall keep in force throughout the Term Commercial General Liability Insurance and All Risk or Special Form coverage insuring
the Landlord and the Building, in such amounts and with such deductibles as Landlord determines from time to time in accordance with sound and reasonable risk management principles. The cost of all such insurance is included in Expenses. 

12. WAIVER OF SUBROGATION. Tenant and Landlord hereby mutually waive their respective rights of recovery against each other for any loss insured (or
required to be insured pursuant to this Lease) by fire, extended coverage, All Risks or other insurance now or hereafter existing for the benefit of the respective party but only to the extent of the net insurance proceeds payable under such
policies. Each party shall obtain any special endorsements required by their insurer to evidence compliance with the aforementioned waiver. 
 13.
SERVICES AND UTILITIES. 
 13.1 Provided Tenant shall not be in default under this Lease, and subject to the other provisions of this
Lease, Landlord agrees to furnish to the Premises during Building Business Hours (specified on the Reference Pages) on generally recognized business days (but exclusive in any event of Sundays and national and local legal holidays), the following
services and utilities subject to the rules and regulations of the Building prescribed from time to time: (a) water suitable for normal office use of the Premises on a 24 hour per day, 7 day per week basis, subject to
Article 35; (b) heat and air conditioning required in Landlord’s reasonable judgment (taking into consideration the class and the quality of the Building) for the use and occupation of the Premises during Building Business Hours;
(c) cleaning and janitorial service; (d) elevator service by nonattended automatic elevators, if applicable, provided that, subject to Article 35, at least one (1) passenger elevator servicing the Premises shall be available for
the use of Tenant, in common with other occupants of the Building, 24 hours a day, 7 days a week; and, (e) equipment to bring to the Premises electricity for lighting, convenience outlets and other normal office use on a
24 hour per day, 7 day per week basis, subject to Article 35. To the extent that Tenant is not billed directly by a public utility, Tenant shall pay, within thirty (30) days of Landlord’s demand, for all
electricity used by Tenant in the Premises. The charge shall be at the rates charged for such services by the local public utility. Alternatively, Landlord may elect to include electricity costs in Expenses. In the absence of Landlord’s active
negligence or willful misconduct, Landlord shall not be liable for, and Tenant shall not be entitled to, any abatement or reduction of rental by reason of Landlord’s failure to furnish any of the foregoing, unless such failure shall persist for
an unreasonable time after written notice of such failure is given to Landlord by Tenant and provided further that Landlord shall not be liable when such failure is caused by accident, breakage, repairs, labor disputes of any character, energy usage
restrictions 

  
 20 

 
or by any other cause, similar or dissimilar, beyond the reasonable control of Landlord. Landlord shall use reasonable efforts to remedy any interruption in the furnishing of services and
utilities. Landlord shall in no event be liable for any interruption or failure of utility services on or to the Premises. However, notwithstanding the foregoing, if the Premises or a material portion of the Premises, are made untenantable for a
period in excess of five (5) consecutive business days solely as a result of an interruption, diminishment or termination of any essential services that Landlord is obligated to provide pursuant to the terms of this Lease due to Landlord’s
active negligence or willful misconduct and such interruption, diminishment or termination of services is otherwise reasonably within the control of Landlord to correct (a “Service Failure”), then Tenant, as its sole remedy, shall be
entitled to receive an abatement of the Monthly Installment of Rent and Tenant’s Proportionate Share of Expenses and Taxes payable hereunder during the period beginning on the sixth
(6th) consecutive business day of the Service Failure and ending on the day the interrupted service has been restored. If the entire Premises have not been rendered untenantable by the
Service Failure, the amount of abatement shall be equitably prorated. 
 13.2 Should Tenant require any additional work or service, as
described above, including services furnished outside ordinary business hours specified above, Landlord may, on terms to be agreed, upon reasonable advance notice by Tenant, furnish such additional service and Tenant agrees to pay Landlord such
charges as may be agreed upon, including any tax imposed thereon, but in no event at a charge less than Landlord’s actual cost plus overhead for such additional service and, where appropriate, a reasonable allowance for depreciation of any
systems being used to provide such service. The current charge for after-hours HVAC service, which is subject to change, is specified on the Reference Pages. Landlord agrees all above standard services and service charges shall not serve as a profit
center an that associated billings will be issued in a manner consistent with the terms of the Lease and Landlord’s standard property management procedures and policies (which, taking into consideration the class and the quality of the
Building, shall be comparable to the procedures and policies of other landlords for buildings in the same geographic area in which the Building is located). 

13.3 Whenever heat-generating machines or equipment are used by Tenant in the Premises which affect the temperature otherwise maintained by
the air conditioning system or Tenant allows occupancy of the Premises by more persons than the heating and air conditioning system is designed to accommodate, in either event whether with or without Landlord’s approval, Landlord reserves the
right to install supplementary heating and/or air conditioning units in or for the benefit of the Premises and the cost thereof, including the cost of installation and the cost of operations and maintenance, shall be paid by Tenant to Landlord
within thirty (30) days of Landlord’s demand. In addition, Landlord may install and shall have access to the Premises to monitor a separate meter (or submeter) to determine the actual use of any utility in the Premises or any shared common
area and may make available and share actual whole-project energy and water usage data as necessary to maintain the Building’s “green building” certification, if any. If there is no meter or submeter in the Premises or if Tenant is
billed directly by a public utility, then, upon request, Tenant shall provide monthly utility usage to Landlord in electronic or paper format or provide permission for Landlord to request information regarding Tenant’s utility usage directly
from the utility company. 

  
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 13.4 Tenant will not, without the written consent of Landlord, use any apparatus or device in the
Premises, including but not limited to, electronic data processing machines and machines using current in excess of 2000 watts and/or 20 amps 120 volts, which will in any way increase the amount of electricity or water usually furnished or
supplied for use of the Premises for normal office use, nor connect with electric current, except through existing electrical outlets in the Premises, or water pipes, any apparatus or device for the purposes of using electrical current or water. If
Tenant shall require water or electric current in excess of that usually furnished or supplied for use of the Premises as normal office use, Tenant shall procure the prior written consent of Landlord for the use thereof, which Landlord may refuse in
its reasonable discretion, and if Landlord does not consent, Landlord may cause a water meter or electric current meter to be installed so as to measure the amount of such excess water and electric current. The cost of any such meters shall be paid
for by Tenant. Tenant agrees to pay to Landlord within thirty (30) days of Landlord’s demand, the cost of all such excess water and electric current consumed (as shown by said meters, if any, or, if none, as reasonably estimated by
Landlord), and the cost of all electrical and other costs associated with the operation of Tenant’s Supplemental Unit (defined below) and other electricity used in any server room in the Premises, at the rates charged for such services by the
local public utility or agency, as the case may be, furnishing the same, plus any additional expense incurred in keeping account of the water and electric current so consumed. 

13.5 In the event that Tenant’s use of the Premises requires above-standard janitorial services (as reasonably determined by Landlord),
then Tenant shall be responsible for reimbursing Landlord for any additional janitorial costs in connection therewith. 
 13.6 Tenant will
not, without the written consent of Landlord, contract with a utility provider to service the Premises with any utility, including, but not limited to, telecommunications, electricity, water, sewer or gas, which is not previously providing such
service to other tenants in the Building. Subject to Landlord’s reasonable rules and regulations and the provisions of Articles 6 and 26, Tenant shall be entitled to the use of wiring (“Communications Wiring”) from the existing
telecommunications nexus in the Building to the Premises, sufficient for normal general office use of the Premises. Tenant shall not install any additional Communications Wiring, nor remove any Communications Wiring, without in each instance
obtaining the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. Landlord shall in no event be liable for disruption in any service obtained by Tenant pursuant to this paragraph. If Tenant is
billed directly by a public utility with respect to Tenant’s electrical usage at the Premises, then, upon request, Tenant shall provide monthly electrical utility usage for the Premises to Landlord for the period of time requested by Landlord
(in electronic or paper format) or, at Landlord’s option, provide any written authorization or other documentation required for Landlord to request information regarding Tenant’s electricity usage with respect to the Premises directly from
the applicable utility company. 
 13.7 Tenant shall have access to the Building and the Premises for Tenant and its employees
24 hours per day/7 days per week, subject to the terms of this Lease and such security or monitoring systems as Landlord may reasonably impose, including, without limitation, sign-in procedures
and/or presentation of identification cards to the extent applicable. 

  
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 14. HOLDING OVER. Tenant shall pay Landlord for each day Tenant retains possession of the Premises or part
of them after termination of this Lease by lapse of time or otherwise at the rate (“Holdover Rate”) which shall be (i) during the first sixty (60) days of such holding over, one hundred twenty-five percent (125%) of the
amount of Annual Rent for the last period prior to the date of such termination plus Tenant’s Proportionate Share of Expenses, Taxes and Insurance Costs under Article 4, (ii) commencing as of the sixty-first (61st) day of such holding over, one hundred fifty percent (150%) of the amount of Annual Rent for the last period prior to the date of such termination plus Tenant’s Proportionate Share of
Expenses, Taxes and Insurance Costs under Article 4, and (iii) commencing as of the ninety-first (91st) day of such holding over, two hundred percent (200%) of the amount of
Annual Rent for the last period prior to the date of such termination plus Tenant’s Proportionate Share of Expenses, Taxes and Insurance Costs under Article 4, prorated on a daily basis. In addition to the payment of the amounts provided
above, if Tenant fails to vacate the Premises within fifteen (15) days after Landlord notifies Tenant that Landlord has entered into a lease for the Premises or has received a bona fide offer to lease the Premises, and that Landlord will be
unable to deliver possession, or perform improvements, due to Tenant’s holdover, then Tenant shall be liable to Landlord for all damages, including, without limitation, consequential damages, that Landlord suffers from the holdover. If Landlord
gives notice to Tenant of Landlord’s election to such effect, such holding over shall constitute renewal of this Lease for a period from month to month at the Holdover Rate, but if the Landlord does not so elect, no such renewal shall result
notwithstanding acceptance by Landlord of any sums due hereunder after such termination; and instead, a tenancy at sufferance at the Holdover Rate shall be deemed to have been created. In any event, no provision of this Article 14 shall be
deemed to waive Landlord’s right of reentry or any other right under this Lease or at law. 
 15. SUBORDINATION. Without the necessity of any
additional document being executed by Tenant for the purpose of effecting a subordination, this Lease shall be subject and subordinate at all times to ground or underlying leases and to the lien of any mortgages or deeds of trust now or hereafter
placed on, against or affecting the Building, Landlord’s interest or estate in the Building, or any ground or underlying lease; provided, however, that if the lessor, mortgagee, trustee, or holder of any such mortgage or deed of trust elects to
have Tenant’s interest in this Lease be superior to any such instrument, then, by notice to Tenant, this Lease shall be deemed superior, whether this Lease was executed before or after said instrument. Notwithstanding the foregoing, Tenant
covenants and agrees to execute and deliver within ten (10) business days of Landlord’s request such further commercially reasonable instruments evidencing such subordination or superiority of this Lease as may be reasonably required by
Landlord. Notwithstanding the foregoing, upon written request by Tenant, Landlord will use reasonable efforts to obtain a non-disturbance, subordination and attornment agreement from any future mortgagee on such mortgagee’s then current
standard form of agreement. “Reasonable efforts” of Landlord shall not require Landlord to incur any cost, expense or liability to obtain such agreement, it being agreed that Tenant shall be responsible for any fee or review costs charged
by such mortgagee, Landlord’s failure to obtain a non-disturbance, subordination and attornment agreement for Tenant shall have no effect on the rights, obligations and liabilities of Landlord and Tenant or be considered to be a default by
Landlord hereunder. 
 16. RULES AND REGULATIONS. Tenant shall faithfully observe and comply with all the rules and regulations as set forth in
Exhibit D to this Lease and all reasonable and 

  
 23 

 
non-discriminatory modifications of and additions to them from time to time put into effect by Landlord. Landlord shall not be responsible to Tenant for the non-performance by any other tenant or
occupant of the Building of any such rules and regulations. The rules and regulations shall be generally applicable, and generally applied in the same manner, to all tenants of the Building. In the event of a conflict between the following rules and
regulations and the remainder of the terms of the Lease, the remainder of the terms of the Lease shall control. 
 17. REENTRY BY LANDLORD. 

17.1 Landlord reserves and shall at all times have the right to re-enter the Premises to inspect the
same, to supply janitor service and any other service to be provided by Landlord to Tenant under this Lease, to show said Premises to prospective purchasers, mortgagees or tenants, and to alter, improve or repair the Premises and any portion of the
Building, without abatement of rent, and may for that purpose erect, use and maintain scaffolding, pipes, conduits and other necessary structures and open any wall, ceiling or floor in and through the Building and Premises where reasonably required
by the character of the work to be performed, provided entrance to the Premises shall not be blocked thereby, and further provided that the business or Tenant shall not be interfered with unreasonably. Landlord agrees that except in the event
(a) Tenant is in default under this Lease, (b) Landlord and Tenant are negotiating for or have agreed to an early termination of this Lease, or (c) Landlord and Tenant otherwise mutually agree to the contrary. Landlord shall not show
the Premises to prospective tenants except during the last nine (9) months of the Term of this Lease. Notwithstanding the foregoing, except (i) to the extent requested by Tenant, (ii) in connection with scheduled maintenance programs,
and/or (iii) in the event of an emergency, Landlord shall provide to Tenant at least twenty-four (24) hours’ prior notice (either written or oral) before Landlord enters the Premises to perform any repairs therein. Landlord shall have
the right at any time to change the arrangement and/or locations of entrances, or passageways, doors and doorways, and corridors, windows, elevators, stairs, toilets or other public parts of the Building and to change the name, number or designation
by which the Building is commonly known. In the event that Landlord damages any portion of any wall or wall covering, ceiling, or floor or floor covering within the Premises, Landlord shall repair or replace the damaged portion to match the original
as nearly as commercially reasonable but shall not be required to repair or replace more than the portion actually damaged. Tenant hereby waives any claim for damages for any injury or inconvenience to or interference with Tenant’s business,
any loss of occupancy or quiet enjoyment of the Premises, and any other loss occasioned by any action of Landlord authorized by this Article 17; provided, however, that the foregoing shall not be deemed to prohibit Tenant from making a claim
against Landlord for any damages or losses suffered by Tenant following Landlord’s entry into the Premises pursuant to this Section 17.1 but in any such event Tenant shall not be entitled to receive any consequential, special or indirect
damages. Instead, any such claim of Tenant shall be limited to the foreseeable, direct and actual damages incurred by Tenant. Notwithstanding the foregoing, except in emergency situations, as determined by Landlord, Landlord shall exercise
reasonable efforts to perform any entry into the Premises in a manner that is reasonably designed to minimize interference with the operation of Tenant’s business in the Premises. Except in the case of an emergency, Tenant shall be entitled to
have an employee of Tenant accompany the person(s) entering the Premises, provided Tenant makes such employee available at the time Landlord or such other party desires to enter the Premises. 

17.2 For each of the aforesaid purposes, Landlord shall at all times have and retain a key with which to unlock all of the doors in the
Premises, excluding Tenant’s vaults and safes or special security areas (designated in advance), and Landlord shall have the right to use any and all means which Landlord may deem proper to open said doors in an emergency to obtain entry to any
portion of the Premises. As to any portion to which access cannot be had by means of a key or keys in Landlord’s possession, Landlord is authorized to gain access by such means as Landlord shall elect and the cost of repairing any damage
occurring in doing so shall be borne by Tenant and paid to Landlord within thirty (30) days of Landlord’s demand. 

  
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 18. DEFAULT. 

18.1 Except as otherwise provided in Article 20, the following events shall be deemed to be Events of Default under this Lease: 

18.1.1 Tenant shall fail to pay when due any sum of money becoming due to be paid to Landlord under this Lease, whether such sum be any
installment of the rent reserved by this Lease, any other amount treated as additional rent under this Lease, or any other payment or reimbursement to Landlord required by this Lease, whether or not treated as additional rent under this Lease, and
such failure shall continue for a period of five (5) business days after written notice that such payment was not made when due, but if any such notice shall be given, for the twelve (12) month period commencing with the date of such
notice, the failure to pay within five (5) business days after due any additional sum of money becoming due to be paid to Landlord under this Lease during such period shall be an Event of Default, without notice. The notice required pursuant to
this Section 18.1.1 shall replace rather than supplement any statutory notice required under California Code of Civil Procedure Section 1161 or any similar or successor statute. 

18.1.2 Tenant shall fail to comply with any term, provision or covenant of this Lease which is not provided for in another Section of this
Article and shall not cure such failure within thirty (30) days (forthwith, if the failure involves a hazardous condition) after written notice of such failure to Tenant provided, however, that such failure shall not be an event of default if
such failure could not reasonably be cured during such thirty (30) day period, Tenant has commenced the cure within such thirty (30) day period and thereafter is diligently pursuing such cure to completion, but the total aggregate cure
period shall not exceed one hundred twenty (120) days. 
 18.1.3 Tenant shall fail to vacate the Premises immediately upon termination
of this Lease, by laps of time or otherwise, or upon termination of Tenant’s right to possession only. 
 18.1.4 Tenant shall become
insolvent, admit in writing its inability to pay its debts generally as they become due, file a petition in bankruptcy or a petition to take advantage of any insolvency statute, make an assignment for the benefit of creditors, make a transfer in
fraud of creditors, apply for or consent to the appointment of a receiver of itself or of the whole or any substantial part of its property, or file a petition or answer seeking reorganization or arrangement under the federal bankruptcy laws, as now
in effect or hereafter amended, or any other applicable law or statute of the United States or any state thereof. 
 18.1.5 A court of
competent jurisdiction shall enter an order, judgment or decree adjudicating Tenant bankrupt, or appointing a receiver of Tenant, or of the whole or any substantial part of its property, without the consent of Tenant, or approving a petition filed
against Tenant seeking reorganization or arrangement of Tenant under the bankruptcy laws of the United States, as now in effect or hereafter amended, or any state thereof, and such order, judgment or decree shall not be vacated or set aside or
stayed within sixty (60) days from the date of entry thereof. 

  
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 18.2 Landlord shall be in default under this Lease if (i) Landlord fails to perform any of
its obligations hereunder and said failure continues for a period of thirty (30) days after written notice thereof from Tenant to Landlord (provided that if such failure cannot reasonably be cured within said thirty (30) day period,
Landlord shall be in default hereunder only if Landlord fails to commence the cure of said failure within said thirty (30) day period, or having commenced the curative action within said thirty (30) day period, fails to diligently pursue
same) and (ii) each mortgagee of whose identity Tenant has been notified in writing shall have failed to cure such default within thirty (30) days (or such longer period of time as may be specified in any written agreement between Tenant
and mortgagee regarding such matter) after receipt of written notice from Tenant of Landlord’s failure to cure within the time periods provided above. In the event of a default by Landlord under the Lease, Tenant shall use reasonable efforts to
mitigate its damages and losses arising from any such default and Tenant may pursue any and all remedies available to it at law or in equity, provided however, in no event shall Tenant claim a constructive or actual eviction or that the Premises
have become unsuitable or unhabitable prior to a default and failure to cure by Landlord and its mortgagee under this Lease and, further provided, in no event shall Tenant be entitled to receive more than its actual direct damages, it being agreed
that Tenant hereby waives any claim it otherwise may have for special or consequential damages. 
 19. REMEDIES. 

19.1 Upon the occurrence of any Event or Events of Default under this Lease, whether enumerated in Article 18 or not, Landlord shall have
the option to pursue any one or more of the following remedies without any notice (except as expressly prescribed herein) or demand whatsoever (and without limiting the generality of the foregoing. Tenant hereby specifically waives notice and demand
for payment of rent or other obligations and waives any and all other notices or demand requirements imposed by applicable law): 
 19.1.1
Terminate this Lease and Tenant’s right to possession of the Premises and recover from Tenant an award of damages equal to the sum of the following: 

19.1.1.1 The Worth at the Time of Award of the unpaid rent which had been earned at the time of termination; 

19.1.1.2 The Worth at the Time of Award of the amount by which the unpaid rent which would have been earned after termination until the time
of award exceeds the amount of such rent loss that Tenant affirmatively proves could have been reasonably avoided; 

  
 26 

 19.1.1.3 The Worth at the Time of Award of the amount by which the unpaid rent for the balance
of the Term after the time of award exceeds the amount of such rent loss that Tenant affirmatively proves could be reasonably avoided; 

19.1.1.4 Any other amount necessary to compensate Landlord for all the detriment either proximately caused by Tenant’s failure to
perform Tenant’s obligations under this Lease or which in the ordinary course of things would be likely to result therefrom; and 

19.1.1.5 All such other amounts in addition to or in lieu of the foregoing as may be permitted from time to time under applicable law. 

The “Worth at the Time of Award” of the amounts referred to in parts 19.1.1.1 and 19.1.1.2 above, shall be computed by allowing interest at the
lesser of a per annum rate equal to: (i) the greatest per annum rate of interest permitted from time to time under applicable law, or (ii) the Prime Rate plus 5%. For purposes hereof, the “Prime Rate” shall be the per annum
interest rate publicly announced as its prime or base rate by a federally insured bank selected by Landlord in the State of California. The “Worth at the Time of Award” of the amount referred to in part 19.1.1.3, above, shall be
computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%; 

19.1.2 Employ the remedy described in California Civil Code § 1951.4 (Landlord may continue this Lease in effect after Tenant’s
breach and abandonment and recover rent as it becomes due, if Tenant has the right to sublet or assign, subject only to reasonable limitations); or 

19.1.3 Notwithstanding Landlord’s exercise of the remedy described in California Civil Code § 1951.4 in respect of an Event or
Events of Default, at such time thereafter as Landlord may elect in writing, to terminate this Lease and Tenant’s right to possession of the Premises and recover an award of damages as provided above in Section 19.1.1. 

19.2 The subsequent acceptance of rent hereunder by Landlord shall not be deemed to be a waiver of any preceding breach by Tenant of any term,
covenant or condition of this Lease, other than the failure of Tenant to pay the particular rent so accepted, regardless of Landlord’s knowledge of such preceding breach at the time of acceptance of such rent. No waiver by Landlord of any
breach hereof shall be effective unless such waiver is in writing and signed by Landlord. 
 19.3 TENANT HEREBY WAIVES ANY AND ALL
RIGHTS CONFERRED BY SECTION 3275 OF THE CIVIL CODE OF CALIFORNIA AND BY SECTIONS 1174(c) AND 1179 OF THE CODE OF CIVIL PROCEDURE OF CALIFORNIA AND ANY AND ALL OTHER REGULATIONS AND RULES OF LAW FROM TIME TO TIME IN EFFECT DURING THE TERM
PROVIDING THAT TENANT SHALL HAVE ANY RIGHT TO REDEEM, REINSTATE OR RESTORE THIS LEASE FOLLOWING ITS TERMINATION BY REASON OF TENANT’S BREACH. TENANT ALSO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, THE RIGHT TO TRIAL BY JURY IN ANY
LITIGATION ARISING OUT OF OR RELATING TO THIS LEASE. 

  
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 19.4 No right or remedy herein conferred upon or reserved to Landlord is intended to be exclusive
of any other right or remedy, and each and every right and remedy shall be cumulative and in addition to any other right or remedy given hereunder or now or hereafter existing by agreement, applicable law and in equity. In addition to other remedies
provided in this Lease, Landlord shall be entitled, to the extent permitted by applicable law, to injunctive relief, or to a decree compelling performance of any of the covenants, agreements, conditions or provisions of this Lease, or to any other
remedy allowed to Landlord at law or in equity. Forbearance by Landlord to enforce one or more of the remedies herein provided upon an Event of Default shall not be deemed or construed to constitute a waiver of such Event of Default. 

19.5 This Article 19 shall be enforceable to the maximum extent such enforcement is not prohibited by applicable law, and the
unenforceability of any portion thereof shall not thereby render unenforceable any other portion. 
 19.6 If more than two (2) Events
of Default occurs during the Term or any renewal thereof, Tenant’s renewal options, expansion options, purchase options and rights of first offer and/or refusal, if any are provided for in this Lease, shall be null and void. 

19.7 If, on account of any breach or default by Tenant in Tenant’s obligations under the terms and conditions of this Lease, it shall
become necessary or appropriate for Landlord to employ or consult with an attorney or collection agency concerning or to enforce or defend any of Landlord’s rights or remedies arising under this Lease or to collect any sums due from Tenant,
Tenant agrees to pay all costs and fees so incurred by Landlord, including, without limitation, reasonable attorneys’ fees and costs. TENANT EXPRESSLY WAIVES ANY RIGHT TO: (A) TRIAL BY JURY; AND (B) SERVICE OF ANY NOTICE REQUIRED
BY ANY PRESENT OR FUTURE LAW OR ORDINANCE APPLICABLE TO LANDLORDS OR TENANTS BUT NOT REQUIRED BY THE TERMS OF THIS LEASE. 
 19.8 Upon
the occurrence of an Event of Default, Landlord may (but shall not be obligated to) cure such default at Tenant’s sole expense. Without limiting the generality of the foregoing, Landlord may, at Landlord’s option, enter into and upon the
Premises if Landlord determines in its sole discretion that Tenant is not acting within a commercially reasonable time to maintain, repair or replace anything for which Tenant is responsible under this Lease or to otherwise effect compliance with
its obligations under this Lease and correct the same, without being deemed in any manner guilty of trespass, eviction or forcible entry and detainer and without incurring any liability for any damage or interruption of Tenant’s business
resulting therefrom and Tenant agrees to reimburse Landlord within ten (10) days of Landlord’s demand as additional rent, for any expenses which Landlord may incur in thus effecting compliance with Tenant’s obligations under this
Lease, plus interest from the date of expenditure by Landlord at the Wall Street Journal prime rate. 

  
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 20. TENANT’S BANKRUPTCY OR INSOLVENCY. 

20.1 If at any time and for so long as Tenant shall be subjected to the provisions of the United States Bankruptcy Code or other law of the
United States or any state thereof for the protection of debtors as in effect at such time (each a “Debtor’s Law): 
 20.1.1
Tenant, Tenant as debtor-in-possession, and any trustee or receiver of Tenant’s assets (each a “Tenant’s Representative”) shall have no greater right to assume or assign this Lease or any interest in this Lease, or to sublease
any of the Premises than accorded to Tenant in Article 9, except to the extent Landlord shall be required to permit such assumption, assignment or sublease by the provisions of such Debtor’s Law. Without limitation of the generality of the
foregoing, any right of any Tenant’s Representative to assume or assign this Lease or to sublease any of the Premises shall be subject to the conditions that: 

20.1.1.1 Such Debtor’s Law shall provide to Tenant’s Representative a right of assumption of this Lease which Tenant’s
Representative shall have timely exercised and Tenant’s Representative shall have fully cured any default of Tenant under this Lease. 

20.1.1.2 Tenant’s Representative or the proposed assignee, as the case shall be, shall have deposited with Landlord as security for the
timely payment of rent an amount equal to the larger of: (a) three (3) months’ rent and other monetary charges accruing under this Lease; and (b) any sum specified in Article 5; and shall have provided Landlord with adequate
other assurance of the future performance of the obligations of the Tenant under this Lease. Without limitation, such assurances shall include, at least, in the case of assumption of this Lease, demonstration to the satisfaction of the Landlord that
Tenant’s Representative has and will continue to have sufficient unencumbered assets after the payment of all secured obligations and administrative expenses to assure Landlord that Tenant’s Representative will have sufficient funds to
fulfill the obligations of Tenant under this Lease; and, in the case of assignment, submission of current financial statements of the proposed assignee, audited by an independent certified public accountant reasonably acceptable to Landlord and
showing a net worth and working capital in amounts determined by Landlord to be sufficient to assure the future performance by such assignee of all of the Tenant’s obligations under this Lease. 

20.1.1.3 The assumption of any contemplated assignment of this Lease or subleasing any part of the Premises, as shall be the case, will not
breach any provision in any other lease, mortgage, financing agreement or other agreement by which Landlord is bound. 
 20.1.1.4 Landlord
shall have, or would have had absent the Debtor’s Law, no right under Article 9 to refuse consent to the proposed assignment or sublease by reason of the identity or nature of the proposed assignee or sublessee or the proposed use of the
Premises concerned. 
 21. QUIET ENJOYMENT. Landlord represents and warrants that it has full right and authority to enter into this Lease and that
Tenant, while paying the rental and performing its other covenants and agreements contained in this Lease, shall peaceably and quietly have, hold 

  
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and enjoy the Premises for the Term without hindrance or molestation from Landlord or anyone claiming under Landlord subject to the terms and provisions of this Lease. Landlord shall not be
liable for any interference or disturbance by other tenants or third persons, nor shall Tenant be released from any of the obligations of this Lease because of such interference or disturbance. 

22. CASUALTY. 
 22.1 In the event the
Premises or the Building are damaged by fire or other cause and in Landlord’s reasonable estimation such damage can be materially restored within one hundred eighty (180) days following the commencement of restoration, Landlord shall
forthwith repair the same and this Lease shall remain in full force and effect, except that Tenant shall be entitled to a proportionate abatement in rent from the date of such damage. Such abatement of rent shall be made pro rata in accordance with
the extent to which the damage and the making of such repairs shall interfere with the use and occupancy by Tenant of the Premises from time to time. Within forty-five (45) days from the date of such damage, Landlord shall notify Tenant, in
writing, of Landlord’s reasonable estimation of the length of time within which material restoration can be made, and Landlord’s determination shall be binding on Tenant. For purposes of this Lease, the Building of Premises shall be deemed
“materially restored” if they are in such condition as would not prevent or materially interfere with Tenant’s use of the Premises for the purpose for which it was being used immediately before such damage. 

22.2 If such repairs cannot, in Landlord’s reasonable estimation, be made within one hundred eighty (180) days following the
commencement of restoration, Landlord and Tenant shall each have the option of giving the other, at any time within thirty (30) days after Landlord’s notice of estimated restoration time, notice terminating this Lease as of the date of
such damage. In the event of the giving of such notice, this Lease shall expire and all interest of the Tenant in the Premises shall terminate as of the date of such damage as if such date had been originally fixed in this Lease for the expiration
of the Term. In the event that neither Landlord nor Tenant exercises its option to terminate this Lease, then Landlord shall repair or restore such damage, this Lease continuing in full force and effect, and the rent hereunder shall be
proportionately abated as provided in Section 22.1. 
 22.3 Landlord shall not be required to repair or replace any damage or loss by
or from fire or other cause to any panelings, decorations, partitions, additions, railings, ceilings, floor coverings, office fixtures or any other property or improvements installed on the Premises by, or belonging to, Tenant. Any insurance which
may be carried by Landlord or Tenant against loss or damage to the Building or Premises shall be for the sole benefit of the party carrying such insurance and under its sole control. 

22.4 In the event that Landlord should fail to complete such repairs and material restoration within sixty (60) days after the date
estimated by Landlord therefor as extended by this Section 22.4, Tenant may at its option and as its sole remedy terminate this Lease by delivering written notice to Landlord, within fifteen (15) days after the expiration of said period of
time, whereupon this Lease shall end on the date of such notice or such later date fixed in such notice as if the date of such notice was the date originally fixed in this Lease for the expiration of the Term; provided, however, that if construction
is delayed because of changes, deletions or additions in construction requested by Tenant, strikes, lockouts, casualties, Acts of God, war, 

  
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material or labor shortages, government regulation or control or other causes beyond the reasonable control of Landlord, the period for restoration, repair or rebuilding shall be extended for the
amount of time Landlord is so delayed. 
 22.5 Notwithstanding anything to the contrary contained in this Article: (a) Landlord shall
not have any obligation whatsoever to repair, reconstruct, or restore the Premises when the damages resulting from any casualty covered by the provisions of this Article 22 occur during the last twelve (12) months of the Term or any
extensions thereof, or for which sufficient insurance proceeds to fully cover the repair and restoration are not received by Landlord (provided that Landlord has maintained the insurance required to be maintained by Landlord under this Lease), but
if Landlord determines not to repair such damages Landlord shall notify Tenant and if such damages shall render any material portion of the Premises untenantable Tenant shall have the right to terminate this Lease by notice to Landlord within
fifteen (15) days after receipt of Landlord’s notice; and (b) in the event the holder of any indebtedness secured by a mortgage or deed of trust covering the Premises or Building requires that any insurance proceeds be applied to such
indebtedness, then Landlord shall have the right to terminate this Lease by delivering written notice of termination to Tenant within fifteen (15) days after such requirement is made by any such holder, whereupon this Lease shall end on the
date of such damage as if the date of such damage were the date originally fixed in this Lease for the expiration of the Term. Notwithstanding the foregoing, Landlord will not be entitled to terminate this Lease solely because the casualty occurs
during the last twelve (12) months of the then current Term if Tenant has an exercisable right to renew or extend the Term pursuant to Article 40 below, and Tenant, within ten (10) days after receipt of Landlord’s notice of
termination, validly exercises such right. The foregoing shall not prohibit Landlord from exercising its right to terminate for any of the other reasons set forth herein. 

22.6 In the event of any damage or destruction to the Building or Premises by any peril covered by the provisions of this Article 22, it
shall be Tenant’s responsibility to properly secure the Premises and upon notice from Landlord to remove forthwith, at its sole cost and expense, such portion of all of the property belonging to Tenant or its licensees from such portion or all
of the Building or Premises as Landlord shall request. 
 22.7 Tenant hereby waives any and all rights under and benefits of
Sections 1932(2) and 1933(4) of the California Civil Code, or any similar or successor Regulations or other laws now or hereinafter in effect. 
 23.
EMINENT DOMAIN. If all or any substantial part of the Premises shall be taken or appropriated by any public or quasi-public authority under the power of eminent domain, or conveyance in lieu of such appropriation, either party to this Lease
shall have the right, at its option, of giving the other, at any time within thirty (30) days after such taking, notice terminating this Lease, except that Tenant may only terminate this Lease by reason of taking or appropriation, if such
taking or appropriation shall be so substantial as to materially interfere with Tenant’s use and occupancy of the Premises. If neither party to this Lease shall so elect to terminate this Lease, the rental thereafter to be paid shall be
adjusted on a fair and equitable basis under the circumstances. In addition to the rights of Landlord above, if any substantial part of the Building shall be taken or appropriated by any public or quasi-public authority under the power of eminent
domain or conveyance in lieu thereof, and regardless of whether the Premises 

  
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or any part thereof are so taken or appropriated, Landlord shall have the right, at its sole option, to terminate this Lease. Landlord shall be entitled to any and all income, rent, award, or any
interest whatsoever in or upon any such sum, which may be paid or made in connection with any such public or quasi-public use or purpose, and Tenant hereby assigns to Landlord any interest it may have in or claim to all or any part of such sums,
other than any separate award which may be made with respect to Tenant’s trade fixtures and moving expenses; Tenant shall make no claim for the value of any unexpired Term. Tenant hereby waives any and all rights under and benefits of
Section 1265.130 of the California Code of Civil Procedure, or any similar or successor Regulations or other laws now or hereinafter in effect. 
 24.
SALE BY LANDLORD. In event of a sale or conveyance by Landlord of the Building, the same shall operate to release Landlord from any future liability upon any of the covenants or conditions, expressed or implied, contained in this Lease in
favor of Tenant, and in such event Tenant agrees to look solely to the responsibility of the successor in interest of Landlord in and to this Lease. Except as set forth in this Article 24, this Lease shall not be affected by any such sale and
Tenant agrees to attorn to the purchaser or assignee. If any security has been given by Tenant to secure the faithful performance of any of the covenants of this Lease, Landlord may transfer or deliver said security, as such, to Landlord’s
successor in interest and thereupon Landlord shall be discharged from any further liability with regard to said security. 
 25. ESTOPPEL
CERTIFICATES. Within ten (10) business days following any written request which Landlord may make from time to time, Tenant shall execute and deliver to Landlord or mortgagee or prospective mortgagee a sworn statement certifying:
(a) the date of commencement of this Lease; (b) the fact that this Lease is unmodified and in full force and effect (or, if there have been modifications to this Lease, that this Lease is in full force and effect, as modified, and stating
the date and nature of such modifications); (c) the date to which the rent and other sums payable under this Lease have been paid; (d) the fact that, to Tenant’s then-current actual knowledge, there are no current defaults under this
Lease by either Landlord or Tenant except as specified in Tenant’s statement; and (e) such other matters as may be requested by Landlord. Landlord and Tenant intend that any statement delivered pursuant to this Article 25 may be
relied upon by any mortgagee, beneficiary or purchaser, and Tenant shall be liable for all loss, cost or expense resulting from the failure of any sale or funding of any loan caused by any material misstatement contained in such estoppel
certificate. If Tenant fails to execute and deliver such certificate within such ten (10) business day period, Landlord may provide to Tenant a second written request with respect to such estoppel certificate. Tenant irrevocably agrees that if
Tenant fails to execute and deliver such certificate within a five (5) day period following the date of Landlord’s second written request therefor, Landlord or Landlord’s beneficiary or agent or any lender, investor or purchaser may
rely upon the estoppel certificate as prepared and delivered to Tenant and such certificate shall be fully binding on Tenant and such failure by Tenant shall be deemed to be an Event of Default under this Lease. Landlord shall, within ten
(10) business days after receipt of a written request from Tenant, its investor or any party acquiring a substantial interest in Tenant or its business, execute and deliver a commercially reasonable estoppel certificate to Tenant. Such estoppel
certificate shall provide a certification solely as to (i) the status of this Lease, (ii) Landlord’s then-current actual knowledge of the existence of any defaults hereunder, and (iii) the amount of rent that is due and payable
under this Lease. 

  
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 26. SURRENDER OF PREMISES. 

26.1 Tenant and Landlord shall meet for two (2) joint inspections of the Premises at a time reasonably and mutually acceptable to both
Landlord and Tenant, the first to occur at least thirty (30) days (but no more than sixty (60) days) before the last day of the Term, and the second to occur not later than forty-eight (48) hours after Tenant has vacated the
Premises. In the event of Tenant’s failure to agree to schedule such joint inspections and/or participate in either such inspection, Landlord’s inspection at or after Tenant’s vacating the Premises shall be conclusively deemed correct
for purposes of determining Tenant’s responsibility for repairs and restoration. 
 26.2 All alterations, additions, and improvements
in, on, or to the Premises made or installed by or for Tenant, including, without limitation, carpeting (collectively, “Alterations”), shall be and remain the property of Tenant during the Term. Upon the expiration or sooner termination of
the Term, all Alterations shall become a part of the realty and shall belong to Landlord without compensation, and title shall pass to Landlord under this Lease as by a bill of sale. At the end of the Term or any renewal of the Term or other sooner
termination of this Lease, Tenant will peaceably deliver up to Landlord possession of the Premises, together with all Alterations by whomsoever made, in the same conditions received or first installed, broom clean and free of all debris, excepting
only ordinary wear and tear and damage by fire or other casualty. Notwithstanding the foregoing, subject to Section 6.4 above and Exhibit B attached hereto, if Landlord elects by notice given to Tenant at least ten (10) days
prior to expiration of the Term, Tenant shall, at Tenant’s sole cost, remove any Alterations, including carpeting, so designated by Landlord’s notice, and repair any damage caused by such removal, provided that (i) Tenant shall not be
required to remove any alterations to the Premises (other than wiring and cabling which shall be removed by Tenant on or before the expiration or earlier termination of this Lease) installed by or on behalf of Prior Tenant (as defined in
Article 49 below) existing as of the date of this Lease; (ii) Tenant shall not be required to restore the demolition work being performed to the perimeter offices in Suite 200 as part of the Initial Alterations to the extent the same
is shown on the Conceptual Space Plans (defined in Exhibit B attached hereto); and (iii) Tenant shall restore Suite 100 to a Class A office building condition, ordinary wear and tear excepted (using Building standing
materials) and in the configuration shown on the space plan attached as Exhibit J hereto. In addition, notwithstanding anything to the contrary contained in this Section 26.2, Tenant acknowledges and agrees that all improvements
that are non-standard office improvements (it being agreed that improvements such as gypsum board, partitions, ceiling grids and tiles, fluorescent lighting panels, Building standard doors and non-glued down carpeting shall be considered standard
office improvements), including, without limitation, the Supplemental Unit (as defined in Article 48 below), any alterations or additions to the ventilation system located in the Premises, and any distributed power must be removed in accordance
with the terms of this Section 26.2 upon the expiration or earlier termination of this Lease. Tenant must, at Tenant’s sole cost, remove upon termination of this Lease, any and all of Tenant’s furniture, furnishings, equipment,
movable partitions of less than full height from floor to ceiling and other trade fixtures and personal property, as well as all data/telecommunications cabling and wiring installed by or on behalf of Tenant, whether inside walls, under any raised
floor or above any ceiling (collectively, “Personalty”). Personalty not so removed shall be deemed abandoned by the Tenant and title to the same shall thereupon pass to Landlord under this Lease as by a bill of sale, but Tenant shall
remain responsible for the cost of removal and disposal of such Personalty, as well as any damage caused by such removal. 
 26.3 All
obligations of Tenant under this Lease not fully performed as of the expiration of earlier termination of the Term shall survive the expiration or earlier termination of the Term. Upon the expiration or earlier termination of the Term, Tenant shall
pay to Landlord the amount, as estimated by Landlord, necessary to repair and restore the Premises as provided in this Lease and/or to discharge Tenant’s obligation for unpaid amounts due or to become due to Landlord. All such amounts shall be
used and held by Landlord for payment of such obligations of Tenant, with Tenant being liable for any additional costs upon demand by Landlord, or with any excess to be returned to Tenant after all such obligations have been determined and
satisfied. Any otherwise unused Security Deposit shall be credited against the amount payable by Tenant under this Lease. 

  
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 27. NOTICES. Any notice or document required or permitted to be delivered under this Lease shall be
addressed to the intended recipient, by fully prepaid registered or certified United States Mail return receipt requested, or by reputable independent contract delivery service furnishing a written record of attempted or actual delivery, and shall
be deemed to be delivered when tendered for delivery to the addressee at its address set forth on the Reference Pages, or at such other address as it has then last specified by written notice delivered in accordance with this Article 27, or if
to Tenant at either its aforesaid address or its last known registered office or home of a general partner or individual owner, whether or not actually accepted or received by the addressee. Any such notice or document may also be personally
delivered if a receipt is signed by and received from, the individual, if any, named in Tenant’s Notice Address. 
 28. TAXES PAYABLE BY TENANT.
In addition to rent and other charges to be paid by Tenant under this Lease, Tenant shall reimburse to Landlord, upon demand, any and all taxes payable by Landlord (other than net income taxes) whether or not now customary or within the
contemplation of the parties to this Lease: (a) upon, allocable to, or measured by or on the gross or net rent payable under this Lease, including without limitation any gross income tax or excise tax levied by the State, any political
subdivision thereof, or the Federal Government with respect to the receipt of such rent; (b) upon or with respect to the possession, leasing, operation, management, maintenance, alteration, repair, use or occupancy of the Premises or any
portion thereof, including any sales, use or service tax imposed as a result thereof; (c) upon or measured by the Tenant’s gross receipts or payroll or the value of Tenant’s equipment, furniture, fixtures and other personal property
of Tenant or leasehold improvements, alterations or additions located in the Premises; or (d) upon this transaction or any document to which Tenant is a party creating or transferring any interest of Tenant in this Lease or the Premises. In
addition to the foregoing, Tenant agrees to pay, before delinquency, any and all taxes levied or assessed against Tenant and which become payable during the term hereof upon Tenant’s equipment, furniture, fixtures and other personal property of
Tenant located in the Premises. This Article 28 is not intended to be duplicative in any way of Section 4.1.3 of this Lease and Tenant shall have no obligation to pay any Taxes under this Article 28 to the extent the same are payable
by Tenant under Section 4.1.3 and vice-versa. 

  
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 29. [INTENTIONALLY OMITTED]. 

30. PARKING. 
 30.1 During the initial
Term of this Lease, Tenant agrees to lease from Landlord and Landlord agrees to lease to Tenant, at no charge during the initial Term, the number and type of parking passes as set forth on the Reference Page of this Lease. This right to park in the
Building’s parking facilities (the “Parking Facility”) shall be on an unreserved, nonexclusive, first come, first served basis, for passenger-size automobiles and is subject to the following terms and conditions: 

30.1.1 Tenant shall pay to Landlord, or Landlord’s designated parking operator, the Building’s prevailing monthly parking charges,
if any (provided that, during the initial Term, there shall be no monthly parking charges), without deduction or offset, on the first day of each month during the Term of this Lease. Landlord will notify Tenant upon not less than thirty
(30) days’ notice of any increases in the monthly parking charges, if any, prior to billing Tenant any increases. No deductions from the monthly charge shall be made for days on which the Parking Facility is not used by Tenant. 

30.1.2 Tenant shall at all times abide by and shall cause each of Tenant’s employees, agents, customers, visitors, invitees, licensees,
contractors, assignees and subtenants (collectively, “Tenant’s Parties”) to abide by any non-discriminatory and reasonable rules and regulations (“Rules”) for use of the Parking Facility that Landlord or Landlord’s
garage operator reasonably establishes from time to time, and otherwise agrees to use the Parking Facility in a safe and lawful manner. Landlord reserves the right to adopt, modify and enforce the Rules governing the use of the Parking Facility from
time to time including any key-card, sticker or other identification or entrance system and hours of operation. Landlord may refuse to permit any person who violates such Rules to park in the Parking facility, and any violation of the Rules shall
subject the car to removal from the Parking Facility. 
 30.1.3 Unless specified to the contrary above, the parking spaces hereunder shall
be provided on a non-designated “first-come, first-served” basis. Landlord reserves the right to assigned specific spaces, and to reserve spaces for visitors, small cars, disabled persons or for other tenants or guests, and Tenant shall
not park and shall not allow Tenant’s Parities to park in any such assigned or reserved spaces. Tenant may validate visitor parking, if applicable, by such method as Landlord may approve, at the validation rate from time to time generally
applicable to visitor parking. Tenant acknowledges that the Parking Facility may be closed entirely or in part in order to make repairs or perform maintenance services, or to alter, modify, re stripe or renovate the Parking Facility, or if required
by casualty, strike, condemnation, act of God, governmental law or requirement or other reason beyond the operator’s reasonable control. In the exercise of the above rights, and except in the case of any emergency, Landlord shall use
commercially reasonable efforts to minimize interference with Tenant’s reasonable access to Parking Facility. 
 30.1.4 Tenant
acknowledges that to the fullest extent permitted by law, Landlord shall have no liability for any damage to property or other items located in the parking areas of the Building (including with limitation, any loss or damage to tenant’s
automobile or the 

  
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contents thereof due to theft, vandalism or accident), nor for any personal injuries or death arising out of the use of the Parking Facility by Tenant or any Tenant’s Parties, whether or not
such loss or damage results from Landlord’s active negligence or negligent omission. The limitation on Landlord’s liability under the preceding sentence shall not apply however to loss or damage arising directly from Landlord’s gross
negligence or willful misconduct. Without limiting the foregoing, if Landlord arranges for the parking areas to be operated by an independent contractor not affiliated with Landlord, Tenant acknowledges that Landlord shall have no liability for
claims arising through acts or omissions of such independent contractor. Tenant and Tenant’s Parties each hereby voluntarily releases, discharges, waives and relinquishes any and all actions or causes of action for personal injury or property
damage occurring to Tenant or any of Tenant’s Parties arising as a result of parking in the Parking Facility, or any activities incidental thereto, wherever or however the same may occur, and further agrees that Tenant will not prosecute any
claim for personal injury or property damage against Landlord or any of it’s officers, agents, servants or employees for any said causes of action and in all events. Tenant agrees to look first to its insurance carrier and to require that
Tenant’s Parties look first to their respective insurances carriers for payment of any losses sustained in connection with any use of the Parking Facility. Tenant hereby waives on behalf of its insurance carriers all rights of subrogation
against Landlord or any Landlord Entities. 
 30.1.5 Tenant’s right to park as described in this Article and this Lease is exclusive to
Tenant, any Permitted Transferee which has satisfied the requirements of Section 9.8 above and any assignee or subtenant approved by Landlord in accordance with Article 9, and shall not pass to any other party without the express written
consent of Landlord. 
 30.1.6 In the event any surcharge or regulatory fee is at any time imposed by any governmental authority with
reference to parking. Tenant shall (commencing after two (2) weeks’ notice to Tenant) pay, per parking pass, such surcharge or regulatory fee to Landlord in advance on the first day of each calendar month concurrently with the month
installment of rent due under this Lease. Landlord will enforce any surcharge or fee in an equitable manner amongst the Building tenants. 

30.1.7 Tenant shall have access to the Parking Facility, 24 hours per day/7 days per week, subject to the terms of this Lease
and such security or monitoring systems as Landlord may reasonably impose. 
 30.2 If Tenant violates any of the terms and conditions of
this Article, the operator of the Parking Facility shall have the right to remove from the Parking Facility any vehicles hereunder which shall have been involved or shall have been owned or driven by parties involved in causing such violation,
without liability therefor whatsoever. 
 31. DEFINED TERMS AND HEADINGS. The Article headings shown in this Lease are for convenience of reference
and shall in no way define, increase, limit or describe the scope or intent of any provision of this Lease. Any indemnification or insurance of Landlord shall apply to and inure to the benefit of all the following “Landlord Entities”,
being Landlord, Landlord’s investment manager, and the trustees, boards of directors, officers, general partners, beneficiaries, stockholders, employees and agents of each of them. Any indemnification or insurance of Tenant shall apply to and
inure to the benefit of Tenant and Tenant’s employees, 

  
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partners, officers and members. Any option granted to Landlord shall also include or be exercisable by Landlord’s trustee, beneficiary, agents and employees, as the case may be. In any case
where this Lease is signed by more than one person, the obligations under this Lease shall be joint and several. The terms “Tenant” and “Landlord” or any pronoun used in place thereof shall indicate and include the masculine or
feminine, the singular or plural number, individuals, firms or corporations, and their and each of their respective successors, executors, administrators and permitted assigns, according to the context hereof. The term “rentable area”
shall mean the rentable area of the Premises or the Building as calculated by the Landlord on the basis of the plans and specifications of Building including a proportionate share of any common areas. Tenant hereby accepts and agrees to be bound by
the figures for the rentable square footage of the Premises and Tenant’s Proportionate Share shown on the Reference Pages; however, Landlord may adjust either or both figures if there is manifest error, addition or subtraction to the Building
or any business park or complex of which the Building is a part, remeasurement or other circumstance reasonably justifying adjustment. The term “Building” refers to the structure in which the Premises are located and the common areas
(parking lots, sidewalks, landscaping, etc.) appurtenant thereto. If the Building is part of a larger complex of structures, the term “Building” may include the entire complex, where appropriate (such as shared Expenses, Insurance Costs or
Taxes) and subject to Landlord’s reasonable discretion. 
 32. AUTHORITY. 

32.1 If Tenant signs as a corporation, partnership, trust or other legal entity each of the persons executing this Lease on behalf of Tenant
represents and warrants that Tenant has been and is qualified to do business in the state in the state in which the Building is located, that the entity has full right and authority to enter into this Lease, and that all persons signing on behalf of
the entity were authorized to do so by appropriate actions. Tenant agrees to deliver to Landlord, simultaneously with the delivery of this Lease, a corporate resolution, proof of due authorization by partners, opinion of counsel or other appropriate
documentation reasonably acceptable to Landlord evidencing the due authorization of Tenant to enter into this Lease. 
 32.2 Tenant hereby
represents and warrants that neither Tenant, nor any persons or entities holding any legal or beneficial interest whatsoever in Tenant, are (i) the target of any sanctions program that is established by Executive Order of the President or
published by the Office of Foreign Assets Control, U.S. Department of the Treasury (“OFAC”); (ii) designated by the President or OFAC pursuant to the Trading with the Enemy Act, 50 U.S.C. App. § 5, the International
Emergency Economic Powers Act, 50 U.S.C. §§ 1701-06, the Patriot Act, Public Law 107-56, Executive Order 13224 (September 23, 2001) or any
Executive Order of the President issued pursuant to such statues; or (iii) named on the following list that is published by OFAC: “List of Specially Designated Nationals and Blocked Persons.” If the foregoing representation is untrue
at any time during the Term, an Event of Default will be deemed to have occurred, without the necessity of notice to Tenant. 
 32.3
Landlord represents and warrants that it has the full right and authority to enter into this Lease and to perform all of Landlord’s obligations hereunder and that all persons signing this Lease on its behalf are authorized to do so. 

  
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 33. FINANCIAL STATEMENTS AND CREDIT REPORTS. At Landlord’s request, Tenant shall deliver to Landlord
a copy, certified by an officer of Tenant as being a true and correct copy, of Tenant’s most recent audited financial statement, or, if unaudited, certified by Tenant’s chief financial officer as being true, complete and correct in all
material respects. Tenant hereby authorizes Landlord to obtain one or more credit reports on Tenant at any time, and shall execute such further authorizations as Landlord may reasonably require in order to obtain a credit report. Notwithstanding the
foregoing, Landlord shall not request financial statements more than once in each consecutive one (1) year period during the Term unless (i) Tenant is in default, or (ii) requested (a) in connection with a proposed sale or
transfer of the Building by Landlord, or (b) by an investor of Landlord, any Landlord Entity or any lender or proposed lender of Landlord or any Landlord Entity. 

34. COMMISSIONS. Each of the parties represents and warrants to the other that it has not dealt with any broker or finder in connection with this
Lease, except as described on the Reference Pages. 
 35. TIME AND APPLICABLE LAW. Time is of the essence of this Lease and all of its provisions.
This Lease shall in all respects be governed by the laws of the state in which the Building is located. Whenever a period of time is prescribed for the taking of an action by either party hereunder, the period of time for the performance of such
action shall be extended by the number of days that the performance is actually delayed due to strikes, acts of God, shortages of labor or materials, war, terrorist acts, pandemics, civil disturbances and other causes beyond the reasonable control
of the performing party; provided, however, that this Article 35 shall not (a) permit Tenant to hold over in the Premises after the expiration or earlier termination hereof, or (b) excuse any of Tenant’s obligations under
Articles 1, 3, 4, 5, or 32 or any of Tenant’s obligations whose nonperformance would interfere with another occupant’s use, occupancy or enjoyment of its premises of the Building or the project in which the Building is located. 

36. SUCCESSORS AND ASSIGNS. Subject to the provisions of Article 9, the terms, covenants and conditions contained in this Lease shall be binding
upon and inure to the benefit of the heirs, successors, executors, administrators and assigns of the parties to this Lease. 
 37. ENTIRE AGREEMENT.
This Lease, together with its exhibits, contains all agreements of the parties to this Lease and supersedes any previous negotiations. There have been no representations made by the Landlord or any of its representatives or understandings made
between the parties other than those set forth in this Lease and its exhibits. This Lease may not be modified except by a written instrument duly executed by the parties to this Lease. 

38. EXAMINATION NOT OPTION. Submission of this Lease shall not be deemed to be a reservation of the Premises. Neither Landlord nor Tenant shall be
bound by this Lease until each respective party (Landlord and Tenant) has executed a copy of this Lease and delivered it to the other party, and until such delivery Landlord reserves the right to exhibit and lease the Premises to other prospective
tenants. Notwithstanding anything contained in this Lease to the contrary, Landlord may withhold delivery of possession of the Premises from Tenant until such time as Tenant has paid to Landlord any security deposit required by Article 5, the
first month’s rent as set forth in Article 3 and any sum owed pursuant to this Lease. 

  
 38 

 39. RECORDATION. Tenant shall not record or register this Lease or a short form memorandum hereof without
the prior written consent of Landlord, and then shall pay all charges and taxes incident such recording or registration. 
 40. OPTION TO RENEW.
Provided this Lease is in full force and effect and there exists no Event of Default by Tenant under the Lease at the time of notification or commencement, Tenant shall have one (1) option to renew (the “Renewal Option”) this Lease
for a term of five (5) years (the “Renewal Term”), for the portion of the Premises being leased by Tenant as of the date the Renewal Term is to commence, on the same terms and conditions set forth in this Lease, except as modified by
the terms, covenants and conditions as set forth below: 
 40.1 If Tenant elects to exercise the Renewal Option, then Tenant shall provide
Landlord with written notice no earlier than the date which is two hundred seventy (270) days prior to the expiration of the Term of this Lease but no later than the date which is one hundred eighty (180) days prior to the expiration of
the Term of this Lease. If Tenant fails to provide such notice, Tenant shall have no further or additional right to extend or renew the Term of this Lease. 

40.2 The Annual Rent and Monthly Installment of Rent in effect at the expiration of the Term of this Lease shall be increased to reflect the
Prevailing Market (as defined in Section 40.8) rate. Landlord shall advise Tenant of the new Annual Rent and Monthly Installment of Rent for the Premises no later than thirty (30) days after receipt of Tenant’s written request
therefor. Said request shall be made no earlier than thirty (30) days prior to the first date on which Tenant may exercise its Renewal Option under this Article 40. Said notification of the new Annual Rent and Monthly Installment of Rent
may include a provision for its escalation to provide for a change in the Prevailing Market rate between the time of notification and the commencement of the Renewal Term. 

40.3 If Tenant and Landlord are unable to agree on a mutually acceptable Annual Rent and Monthly Installment of Rent for the Renewal Term not
later than sixty (60) days prior to the expiration of the Initial Term, then Landlord and Tenant, within five (5) days after such date, shall each simultaneously submit to the other, in a sealed envelope, it’s good faith estimate of
the Prevailing Market rate for the Premises during the Renewal Term (collectively referred to as the “Estimates”). If the higher of such Estimates is not more than one hundred five percent (105%) of the lower of such Estimates, then
the Prevailing Market rate shall be the average of the two Estimates. If the Prevailing Market rate is not established by the exchange of Estimates, then, within seven (7) days after the exchange of Estimates, Landlord and Tenant shall each
select an appraiser to determine which of the two Estimates most closely reflects the Prevailing Market rate for the Premises during the Renewal Term. Each appraiser so selected shall be certified as an MAI appraiser or as an ASA appraiser and shall
have had at least five (5) years experience within the previous ten (10) years as a real estate appraiser working in Aliso Viejo, California, with working knowledge of current rental rates and practices. For purposes hereof, an
“MAI” appraiser means an individual who holds an MAI designation conferred by, and is an independent member of, the American Institute of Real Estate Appraisers (or its successor organization, or in the event there is no successor
organization, the organization and designation most similar), and an “ASA” appraiser means an individual who holds the Senior Member designation conferred by, and is an independent member of, the American Society of Appraisers (or its
successor organization, or, in the event there is no successor organization, the organization and designation most similar). 

  
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 40.4 Upon selection, Landlord’s and Tenant’s appraisers shall work together in good
faith to agree upon which of the two Estimates most closely reflects the Prevailing Market rate for the Premises. The Estimates chosen by such appraisers shall be binding on both Landlord and Tenant. If either Landlord or Tenant fails to appoint an
appraiser within the seven (7) day period referred to above, the appraiser appointed by the other party shall be the sole appraiser for the purposes hereof. If the two appraisers cannot agree upon which of the two Estimates most closely
reflects the Prevailing Market rate within twenty (20) days after their appointment, then, within ten (10) days after the expiration of such twenty (20) day period, the two appraisers shall selected a third appraiser meeting the
aforementioned criteria. Once the third appraiser (i.e., the arbitrator) has been selected as provided for above, then, as soon thereafter as practicable but in any case within fourteen (14) days, the arbitrator shall make his or her
determination of which of the two Estimates most closely reflects the Prevailing Market rate and such Estimate shall be binding on both Landlord and Tenant as the Prevailing Market rate for the Premises. If the arbitrator believes that expert advice
would materially assist him or her, he or she may retain one or more qualified persons to provide such expert advice. The parties shall share equally in the costs of the arbitrator and of any experts retained by the arbitrator. Any fees of any
appraiser, counsel or experts engaged directly by Landlord or Tenant, however, shall be borne by the party retaining such appraiser, counsel or expert. 

40.5 If the Prevailing Market rate has not been determined by the commencement date of the Renewal Term, Tenant shall pay Monthly Installments
of Rent upon the terms and conditions in effect during the last month of the initial Term until such time as the Prevailing Market rate has been determined. Upon such determination, the Annual Rent and Monthly Installments of Rent for the Premises
shall be retroactively adjusted to the commencement of such Renewal Term for the Premises. 
 40.6 This Renewal Option is not transferable
except to a Permitted Transferee which is an assignee of the Lease and which has satisfied the requirements of Section 9.8 above, the parties hereto acknowledge and agree that they intend that the Renewal Option shall be “personal” to
Tenant as set forth above and that in no event will any assignee (other than a Permitted Transferee which is an assignee of the Lease and which has satisfied the requirements of Section 9.8 above) or sublessee have any rights to exercise the
Renewal Option. 
 40.7 If Tenant validly exercises or fails to exercise this Renewal Option, Tenant shall have no further right to extend
the Term of this Lease. 
 40.8 For purposes of this Renewal Option, “Prevailing Market” shall mean the arms length fair market
annual rental rate per rentable square foot under renewal leases and amendments entered into on or about the date on which the Prevailing Market is being determined hereunder for space comparable to the Premises in the Building and buildings
comparable to the Building in the same rental market in the Aliso Viejo, California area as of the date the Renewal Term is to commence, taking into account the specific provisions of this Lease which will remain constant. The determination of
Prevailing Market shall take into account any material economic differences between the terms of this Lease and any comparison lease or 

  
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amendment, such as rent abatements, construction costs and other concessions and the manner, if any, in which the landlord under any such lease is reimbursed for operating expenses and taxes. The
determination of Prevailing Market shall also take into consideration any reasonably anticipated changes in the Prevailing Market rate from the time such Prevailing Market rate is being determined and the time such Prevailing Market rate will become
effective under this Lease. 
 41. RIGHT OF FIRST OFFER. 

41.1 Provided that there exists no Event of Default by Tenant under this Lease, Tenant shall have a one-time right of offer (the “Offer
Right”) to lease each of the following spaces located on the third (3rd) floor of the Building (each, a “Potential Offer Space”) at such time as such Potential Offer Space
becomes Available (defined below): (a) Suite 300/330, containing approximately 17,857 rentable square feet; (b) Suite 335, containing approximately 1,354 rentable square feet; (c) Suite 340, containing approximately
4,939 rentable square feet; and (d) Suite 350, containing approximately 3,224 rentable square feet. Tenant’s Offer Right shall be exercised as follows: at any time after Landlord has determined that the existing tenant, if any, in a
Potential Offer Space will not extend or renew the term of its lease with respect thereto and Landlord intends to offer such Potential Offer Space to the public, such Potential Offer Space shall be deemed “Available” and Landlord shall
advise Tenant (the “Advice”) of the terms under which Landlord is prepared to lease such Potential Offer Space (the “Offer Space”) to Tenant, which terms shall reflect the Prevailing Market (hereinafter defined) rate for such
Offer Space as reasonably determined by Landlord. Tenant may lease such Offer Space in its entirety only, under such terms, by delivering written notice of exercise to Landlord (the “Notice of Exercise”) within five (5) business days
after the date of the Advice, failing which Landlord may lease the subject Offer Space to any third party on whatever basis Landlord desires, and Tenant shall have no further rights with respect to such subject Offer Space. Notwithstanding the
foregoing, Tenant shall once again have the Offer Right with respect to the Offer Space if, within a six (6) month period following the date of the Advice, Landlord proposes to lease the Offer Space to any prospective tenant on terms that are
substantially different than those set forth in the Advice. For purposes hereof, the terms offered to a prospect shall be deemed to be substantially the same as those set forth in the Advice as long as there is no more than a ten percent
(10%) reduction in the “bottom line” cost per rentable square foot of the Offer Space to the prospective tenant when compared with the “bottom line” cost per rentable square foot under the Advice, considering all of the
economic terms of the both deals, respectively, including, without limitation, the net rent, any tax or expense escalation or other financial escalation and any financial concessions. If Tenant exercises its Offer Right for the Offer Space in
accordance with the terms and conditions of this Article 41, effective as of the date Landlord delivers the subject Offer Space, such Offer Space shall automatically be included within the Premises and subject to all the terms and conditions of
this Lease, except as set forth in Landlord’s notice and as follows: 
 41.1.1 Tenant’s Proportionate Share shall be recalculated,
using the total square footage of the Premises, as increased by the subject Offer Space, as the case may be. 
 41.1.2 the subject Offer
Space shall be leased on an “as is” basis and Landlord shall have no obligation to improve the subject Offer Space or grant Tenant any improvement allowance thereon except as may be provided in Landlord’s Advice. 

  
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 41.2 The term for the subject Offer Space shall commence upon the commencement date stated in the
Advice and thereupon such Offer Space shall be considered a part of the Premises, provided that all of the terms stated in the Advice, including the termination date set forth in the Advice, shall govern Tenant’s leasing of the Offer Space and
only to the extent that they do not conflict with the Advice, the terms and conditions of this Lease shall apply to the Offer Space. Tenant shall pay Monthly Installment of Rent, Tenant’s Proportionate Share of Expenses, Insurance Costs and
Taxes and any other additional rent for the Offer Space in accordance with the terms and conditions of the Advice. 
 41.3 Notwithstanding
anything to the contrary set forth herein, Tenant shall have no such Offer Right with respect to the subject Offer Space, as the case may be, and Landlord need not provide Tenant with an Advice, if: (a) an Event of Default by Tenant under this
Lease exists at the time that Landlord would otherwise deliver its Advice for the subject Offer Space as described above; (b) more than fifty percent (50%) of the Premises is sublet at the time Landlord would otherwise deliver its written
notice of the subject Offer Right as described above; (c) this Lease has been assigned (other than a Permitted Transferee which is an assignee of the Lease and which has satisfied the requirements of Section 9.8 above) prior to the date
Landlord would otherwise deliver its written notice of the subject Offer Right as described above; (d) Tenant is not occupying the Premises on the date Landlord would otherwise deliver its written notice of the Offer Right as described above;
(e) the subject Offer Space is not intended for the exclusive use of Tenant (or a Permitted Transferee) during the Term; or (f) the existing tenant in the subject Offer Space is interested in extending or renewing its lease for such Offer
Space or entering into a new lease for such Offer Space. 
 41.4 If Landlord is delayed delivering possession of the subject Offer Space due
to the holdover or unlawful possession of such space by any party, Landlord shall use reasonable efforts to obtain possession of such space, and the commencement of the term for the subject Offer Space shall be postponed until the date Landlord
delivers possession of the subject Offer Space to Tenant free from occupancy by any party. 
 41.5 The rights of Tenant hereunder with
respect to any Potential Offer Space shall terminate on the earlier to occur of: (a) September 30, 2018; (b) Tenant’s failure to exercise its offer right with respect to such Potential Offer Space within the five
(5) business day period provided in Section 41.1 above; (c) simultaneously with Tenant’s providing Landlord with a Notice of Exercise; and (d) the date Landlord would have provided Tenant an Advice with respect to such
Potential Offer Space if Tenant had not been in violation of one or more of the conditions set forth in Section 41.3 above. In addition, if Landlord provides Tenant with an Advice for any Potential Offer Space that contains expansion rights
(whether such rights are described as an expansion option, right of first refusal, right of first offer or otherwise) with respect to any other portion of the Potential Offer Space (such other portion of the Offer Space subject to such expansion
rights is referred to herein as the “Encumbered Potential Offer Space”) and Tenant does not exercise its Offer Right to lease such Offer Space, Tenant’s Offer Right with respect to the Encumbered Potential Offer Space shall be subject
and subordinate to all such expansion rights contained in the Advice. 
 41.6 If Tenant exercises its Offer Right as to a subject Offer
Space, Landlord shall prepare an amendment (an “Offer Amendment”) adding the subject Offer Space to the Premises 

  
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on the terms set forth in the Advice and reflecting the changes in the Monthly Installment of Rent, Annual Rent, rentable square footage of the Premises, Tenant’s Proportionate Share and
other appropriate terms. A copy of the Offer Amendment shall be sent to Tenant within a reasonable time after Landlord’s receipt of the Notice of Exercise executed by Tenant, and Tenant shall execute and return the Offer Amendment to Landlord
within ten (10) days thereafter, but an otherwise valid exercise of the Offer Right shall be fully effective whether or not the Offer Amendment is executed. 

41.7 For purposes of this Article 41, “Prevailing Market” shall mean the annual rental rate per square foot for space
comparable to the Offer Space in the Building under leases and renewal and expansion amendments being entered into at or about the time that Prevailing Market is being determined, giving appropriate consideration to tenant concessions, brokerage
commissions, tenant improvement allowances, existing improvements in the space in question, and the method of allocating operating expenses and taxes. Notwithstanding the foregoing, space leased under any of the following circumstances shall not be
considered to be comparable for purposes hereof: (a) the lease term is for less than the lease term of the subject Offer Space, (b) the space is encumbered by the option rights of another tenant, or (c) the space has a lack of windows
and/or an awkward or unusual shape or configuration. The foregoing is not intended to be an exclusive list of space that will not be considered to be comparable. 

41.8 Notwithstanding anything herein to the contrary, Tenant’s Offer Right is subject and subordinate to the expansion rights (whether
such rights are designated as a right of first offer, right of first refusal, expansion option or otherwise) of any tenant of the Building existing on the date hereof. 

42. ROOF SPACE FOR DISH/ANTENNA. 
 42.1
During the initial Term and any extension thereof, Tenant shall have the right to lease space on the roof of the Building, at no additional monthly rental charge, for the purpose of installing (in accordance with Article 6 of this Lease),
operating and maintaining a dish/antenna or other communication device (the “Dish/Antenna”) to be reasonably approved by Landlord. The location of the space on the roof designated by Landlord to be leased by Tenant is referred to herein as
the “Roof Space”. Landlord reserves the right to relocate the Roof Space as reasonably necessary during the Term. Landlord’s designation shall take into account Tenant’s use of the Dish/Antenna. Notwithstanding the foregoing, if
such relocation unreasonably interferes with Tenant’s Dish/Antenna, after Tenant has requested Landlord to do so in writing, Landlord shall use commercially reasonable efforts to end or minimize any such unreasonable interference to
Tenant’s Dish/Antenna. “Commercially reasonable efforts” of Landlord shall not include payment of money, commencing or participating in any litigation or other similar proceeding or incurring liability. Notwithstanding the foregoing,
Tenant’s right to install the Dish/Antenna shall be subject to the approval rights of Landlord and Landlord’s architect and/or engineer with respect to the plans and specifications of the Dish/Antenna, the size of the Dish/Antenna, the
manner in which the Dish/Antenna is attached to the roof of the Building and the manner in which any cables are run to and from the Dish/Antenna. The precise specifications and a general description of the Dish/Antenna, or any replacements thereof,
along with all documents Landlord reasonably requires to review the installation of the Dish/Antenna (the “Plans and Specifications”) shall be submitted to Landlord for Landlord’s written approval no later than

  
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twenty (20) days before Tenant commences to install the Dish/Antenna. Tenant shall be solely responsible for obtaining and maintaining all necessary governmental and regulatory approvals and
for the cost of installing, operating, maintaining and removing the Dish/Antenna. Tenant shall notify Landlord upon completion of the installation of the Dish/Antenna. If Landlord determines that the Dish/Antenna equipment does not comply in all
material respects with the approved Plans and Specifications, that the Building has been damaged during installation of the Dish/Antenna or that the installation was defective, Landlord shall notify Tenant of any noncompliance or detected problems
and Tenant promptly shall cure the defects. If the Tenant fails to promptly cure the defects, Tenant shall pay to Landlord upon demand the cost, as reasonably determined by Landlord, of correcting any defects and repairing any damage to the Building
caused by such installation. If at any time Landlord, in its sole discretion, deems it necessary, Tenant shall provide and install, at Tenant’s sole cost and expense, appropriate aesthetic screening, reasonably satisfactory to Landlord, for the
Dish/Antenna (the “Aesthetic Screening”). 
 42.2 Landlord agrees that Tenant, upon reasonable prior written notice to Landlord,
shall have access to the roof of the Building and the Roof Space for the purpose of installing, maintaining, repairing and removing the Dish/Antenna, the appurtenances and the Aesthetic Screening, if any, all of which shall be performed by Tenant or
Tenant’s authorized representative or contractors, which shall be approved by Landlord, at Tenant’s sole cost and risk. It is agreed, however, that only authorized engineers, employees or properly authorized contractors of Tenant, FCC
(defined below) inspectors, or persons under their direct supervision will be permitted to have access to the roof of the Building and the Roof Space. Tenant further agrees to exercise firm control over the people requiring access to the roof of the
Building and the Roof Space in order to keep to a minimum the number of people having access to the roof of the Building and the Roof Space and the frequency of their visits. It is further understood and agreed that the installation, maintenance,
operation and removal of the Dish/Antenna, the appurtenances and the Aesthetic Screening, if any, is not permitted to damage the Building or the roof thereof, or interfere with the use of the Building and roof by Landlord. Tenant agrees to be
responsible for any damage caused to the roof or any other part of the Building, which may be caused by Tenant or any Tenant Entity. 
 42.3
Tenant agrees to install and maintain only equipment of types and frequencies which will not cause unreasonable interference to Landlord or any other tenant of the Building. In the event Tenant’s equipment causes such interference, Tenant will
change the frequency on which it transmits and/or receives and take any other steps necessary to eliminate the interference. If said interference cannot be eliminated within a reasonable period of time, in the judgment of Landlord, then Tenant
agrees to remove the Dish/Antenna from the Roof Space. Landlord shall make commercially reasonable efforts to ensure that any new equipment installed on the roofs by other tenants or users does not have frequencies which causes unreasonable
interference to Tenant’s Dish/Antenna. Tenant shall, at its sole cost and expense, and at its sole risk, install, operate and maintain the Dish/Antenna in a good and workmanlike manner, and in compliance with all Building, electric,
communication, and safety codes, ordinances, standards, regulations and requirements, now in effect or hereafter promulgated, of the Federal Government, including, without limitation, the Federal Communications Commission (the “FCC”), the
Federal Aviation Administration (“FAA”) or any successor agency of either the FCC or FAA having jurisdiction over radio or telecommunications, and of the state, city and 

  
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county in which the Building is located. Under this Lease, the Landlord and its agents assume no responsibility for the licensing, operation and/or maintenance of Tenant’s equipment. Tenant
has the responsibility of carrying out the terms of its FCC license in all respects. The Dish/Antenna shall be connected to Landlord’s power supply in strict compliance with all applicable Building, electrical, fire and safety codes. Neither
Landlord nor any Landlord Entity shall be liable to Tenant for any stoppages or shortages of electrical power furnished to the Dish/Antenna or the Roof Space because of an act, omission or requirement of the public utility servicing the Building, or
the act or omission of any other tenant, invitee or licensee or their respective agents, employees or contractors, or for any other cause beyond the reasonable control of Landlord, and Tenant shall not be entitled to any rental abatement for any
such stoppage or shortage of electrical power. Neither Landlord any Landlord Entity shall have any responsibility or liability for the conduct or safety of any of Tenant’s representatives, repair, maintenance and engineering personnel while in
or on any part of the Building or the Roof Space. 
 42.4 The Dish/Antenna, the appurtenances and the Aesthetic Screening, if any, shall
remain the personal property of Tenant, and shall be removed by Tenant at its own expense at the expiration or earlier termination of this Lease or Tenant’s right to possession hereunder. Tenant shall repair any damage caused by such removal,
including the patching of any holes to match, as closely as possible, the color surrounding the area where the equipment and appurtenances were attached. Tenant agrees to maintain all of the Tenant’s equipment placed on or about the roof or in
any other part of the Building in proper operating condition and maintain same in satisfactory condition as to appearance and safety in Landlord’s sole discretion. Such maintenance and operation shall be performed in a manner to avoid any
material interference with any other tenants or Landlord. Tenant agrees that at all times during the Term, it will keep the roof of the Building and the Roof Space free of all trash or waste materials produced by Tenant or the Tenant Entities. 

42.5 In light of the specialized nature of the Dish/Antenna, Tenant shall be permitted to utilize the services of its choice for installation,
operation, removal and repair of the Dish/Antenna, the appurtenances and the Aesthetic Screening, if any, subject to the reasonable approval of Landlord. Notwithstanding the foregoing, Tenant must provide Landlord with prior written notice of any
such installation, removal or repair and coordinate such work with Landlord in order to avoid voiding or otherwise adversely affecting any warranties granted to Landlord with respect to the roof. If necessary, Tenant, at its sole cost and expense,
shall retain any contractor having a then existing warranty in effect on the roof to perform such work (to the extent that it involves the roof), or, at Tenant’s option, to perform such work in conjunction with Tenant’s contractor. In the
event the Landlord contemplates roof repairs that could affect Tenant’s Dish/Antenna, or which may result in an interruption of the Tenant’s telecommunication service, Landlord shall formally notify Tenant at least thirty (30) days in
advance (except in cases of an emergency) prior to the commencement of such contemplated work in order to allow Tenant to make other arrangements for such service. 

42.6 Tenant shall not allow any provider of telecommunication, video, data or related services (“Communication Services”) to locate
any equipment on the roof of the Building or in the Roof Space for any purpose whatsoever, nor may Tenant use the Roof Space and/or Dish/Antenna to provide Communication Services to an unaffiliated tenant, occupant or licensee of another building,
or to facilitate the provision of Communication Services on behalf of 

  
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another Communication Services provider to an unaffiliated tenant, occupant or licensee of the Building or any other building. Tenant acknowledges that Landlord may at some time establish a
standard license agreement (the “License Agreement”) with respect to the use of roof space by tenants of the Building. Tenant, upon request of Landlord, shall enter into such License Agreement with Landlord provided that such agreement
does not materially or adversely alter the rights of Tenant hereunder with respect to the Roof Space. Tenant specifically acknowledges and agrees that the terms and conditions of Article 10 of this Lease shall apply with full force and effect
to the Roof Space and any other portions of the roof accessed or utilized by Tenant, its representatives, agents, employees or contractors. 

42.7 If Tenant defaults under any of the terms and conditions of this Section or this Lease, and Tenant fails to cure said default within the
time allowed by Article 18 of this Lease, Landlord shall be permitted to exercise all remedies provided under the terms of this Lease, including removing the Dish/Antenna, the appurtenances and the Aesthetic Screening, if any, and restoring the
Building and the Roof Space to the condition that existed prior to the installation of the Dish/Antenna, the appurtenances and the Aesthetic Screening, if any. If Landlord removes the Dish/Antenna, the appurtenances and the Aesthetic Screening, if
any, as a result of any uncured default, Tenant shall be liable for all costs and expenses Landlord incurs in removing the Dish/Antenna, the appurtenances and the Aesthetic Screening, if any, and repairing any damage to the Building, the roof of the
Building and the Roof Space caused by the installation, operation or maintenance of the Dish/Antenna, the appurtenances, and the Aesthetic Screening, if any. Tenant’s rights pursuant to this Article 42 are personal to the named Tenant
under this Lease and assignees or subtenant consented to by Landlord pursuant to Article 9 above, and are not otherwise transferable. 
 43.
SECURITY SYSTEM. Subject to the terms of this Lease, including, without limitation, Tenant’s compliance with Article 6 above, Tenant, at Tenant’s sole cost and expense, shall have the right to install and maintain a security
and card access system in the Premises and at the entrance to the Premises (“Tenant’s Security System”), subject to the following conditions: (i) Tenant’s plans and specifications for the proposed Tenant’s Security
System shall be subject to Landlord’s prior written approval, which approval will not be unreasonably withheld, conditioned or delayed; provided, however, that Tenant shall coordinate the installation and operation of Tenant’s Security
System with Landlord to assure that Tenant’s Security System is compatible with the Building’s systems and equipment and to the extent that Tenant’s Security System is not compatible with the Building systems and equipment, Tenant
shall not be entitled to install or operate it (and Tenant shall not actually install or operate Tenant’s Security System unless Tenant has obtained Landlord’s approval of such compatibility in writing prior to such installation or
operation); (ii) Tenant’s Security System shall be and shall remain compatible with any security and other systems existing in the Premises and the Building; (iii) Tenant’s Security System shall be installed and used in
compliance with all other provisions of this Lease; (iv) Landlord shall be provided with keys, codes and/or access cards, as applicable, and means of immediate access to fully exercise all of its entry rights under this Lease with respect to
the Premises, including access for cleaning and maintenance personnel to perform their functions; (v) Tenant shall keep Tenant’s Security System in good operating condition and repair and Tenant shall be solely responsible, at
Tenant’s sole cost and expense, for the monitoring, operation and removal of Tenant’s Security System; and (vi) Tenant’s Security System shall not make noise or visual alerts or alarms which disturb other occupants or which
result in alarms or 

  
 46 

 
false alarms to which Landlord or its manager are called to respond. Upon the expiration or earlier termination of this Lease, Tenant shall remove Tenant’s Security System. All costs and
expenses associated with the removal of Tenant’s Security System and the repair of any damage to the Premises and the Building resulting from the installation and/or removal of same shall be borne solely by Tenant. Notwithstanding anything to
the contrary, neither Landlord nor any Landlord Entities shall be directly or indirectly liable to Tenant, any Tenant Entities or any other person and Tenant hereby waives any and all claims against and releases Landlord and the Landlord Entities
from any and all claims arising as a consequence of or related to Tenant’s Security System, or the failure thereof. 
 44. PREMISES AND DIRECTORY
SIGNAGE. Landlord shall install initial signage in the Building directory and a tenant identification sign at the entry to the Premises, in accordance with Landlord’s signage specifications for the Building and otherwise in accordance with
the terms of this Lease. Such signage will be designed and constructed at Landlord’s sole cost and expense. The design, size, color and location of such sign shall be subject to Landlord’s prior approval (which approval shall not be
unreasonably withheld, conditioned or delayed) and shall be in compliance with all Regulations. Tenant, at its sole cost and expense, shall be responsible for the maintenance, repair and replacement of Tenant’s signage. Tenant’s signage
shall at all times remain the property of Tenant and Tenant must remove such signage at the expiration or earlier termination of this Lease. Tenant shall repair any damage caused in the removal of its signage and restore the affected area(s) of the
Building to its condition prior to the installation of such signage. 
 45. BUILDING SIGNAGE. 

45.1 Tenant shall be entitled to one tenant identification sign to be located on the exterior of the Building (the “Building
Signage”). The exact location of the Building Signage shall be subject to all applicable Regulations and Landlord’s prior written approval, which approval shall not be unreasonably withheld, conditioned or delayed. The Building Signage
shall not be illuminated. Such right to the Building Signage is subject to the following terms and conditions: (a) Tenant shall submit plans and drawings for the Building Signage to Landlord and to the City of Aliso Viejo, California and to any
other public authorities having jurisdiction and shall obtain written approval (which approval shall not be unreasonably withheld, conditioned or delayed) from Landlord and each such jurisdiction prior to installation, and shall fully comply with
all applicable Regulations; (b) Tenant shall, at Tenant’s sole cost and expense, design, construct and install the Building Signage; (c) the size, color and design of the Building Signage shall be subject to Landlord’s prior
written approval (which approval shall not be unreasonably withheld, conditioned or delayed); and (d) Tenant shall maintain the Building Signage in good condition and repair, and all costs of maintenance and repair shall be borne by Tenant.
Maintenance shall include, without limitation, cleaning. Notwithstanding the foregoing, Tenant shall not be liable for any fee in connection with Tenant’s right to display the Building Signage in accordance with this Lease. At Landlord’s
option, Tenant’s right to the Building Signage may be revoked and terminated upon occurrence of any of the following events: (i) Tenant shall be in default under this Lease beyond any applicable cure period; (ii) Tenant occupies less
than fifty percent (50%) of the Premises; or (iii) this Lease shall terminate or otherwise no longer be in effect. 
 45.2 Upon
the expiration or earlier termination of this Lease or at such other time that Tenant’s signage rights are terminated pursuant to the terms hereof, if Tenant fails to remove the Building Signage and repair the Building in accordance with the
terms of this Lease, Landlord shall cause the Building Signage to be removed from the Building and the affected area(s) of the Building Building to be repaired and restored to the condition which existed prior to the installation of the Building
Signage (including, if necessary, the replacement of any precast concrete panels), all at the sole cost and expense of Tenant and otherwise in accordance with this Lease, without further notice from Landlord. Notwithstanding anything to the contrary
contained in this Lease, Tenant shall pay all costs and expenses for such removal and restoration within thirty (30) business days following delivery of an invoice therefor. The rights provided in this Article 45 shall be non-transferable
(except to a Permitted Transferee which is an assignee of the Lease and which has satisfied the requirements of Section 9.8 above) unless otherwise agreed by Landlord in writing in its sole discretion. 

  
 47 

 46. MEDICAL WASTE. 

46.1 Tenant hereby agrees to furnish to Landlord upon demand, written evidence that Tenant has established a written policy (the “Medical
Waste Policy”) concerning the identification, collection, storage, decontamination and disposal of Hazardous Medical Waste (defined below) and Infectious Waste (defined below). Tenant is responsible, at Tenant’s sole cost and expense, for
the proper containment and identification of its Hazardous Medical Waste and Infection Waste, the disposal of the Hazardous Medical Waste and Infection Waste and the transportation of the Hazardous Medical Waste and Infectious Waste using a properly
qualified agent (and to the extent Landlord incurs any cost or expense in connection therewith, Tenant shall reimburse Landlord for the same within thirty (30) days following Landlord’s demand therefor). No Hazardous Medical Waste or
Infectious Waste shall be stored at anytime outside of the Premises. 
 46.2 Tenant further agrees that such Medical Waste Policy shall
incorporate the following elements: (a) Tenant’s employees and agents shall be expressly forbidden from disposing of any Hazardous Medical Waste or Infectious Waste within the Premises or the Building in a manner which is contrary to the
terms of the Medical Waste Policy; (b) all such Hazardous Medical Waste and Infectious Waste shall be collected, stored, decontaminated and removed from the Premises and the Building by a qualified party in compliance with all applicable
Regulations and guidelines (including, without limitation, the Occupational Safety and Health Act) of any local, state or federal entity having jurisdiction over this matter; (c) Infectious Waste shall be separated from other waste by
containing it in disposable red plastic bags/containers which are impervious to moisture; (d) needles and sharps shall be contained in disposable rigid containers which can be sealed with a tight fitting lid; (e) all spills of Infectious
Waste shall be wiped immediately using a spill kit that contains instructions and disposable red plastic bags; (f) any spillage, or injury from handling Infectious Waste shall be immediately reported to Landlord and Landlord shall immediately
be given a specific incident report; and (g) Tenant and its employees and agents shall at all times employ proper procedures, including, without limitation, the use of tags, signs or other appropriate written communication, to prevent
accidental injury or illness to other tenants in the Building (including their employees, agents and invitees) resulting from Tenant’s collection, storage, decontamination and disposal of Hazardous Medical Waste and Infectious Waste. Tenant
hereby covenants and agrees that at all times 

  
 48 

 
during the Term, Tenant and its employees and agents shall adhere to the terms and conditions of the Medical Waste Policy. In addition, Tenant shall comply with all Regulations applicable to
(i) the handling of human and/or animal remains; and (ii) the collection, storage, decontamination and disposal of Hazardous Medical Waste and Infectious Waste, presently in effect or hereafter adopted, all amendments to any of them, and
all rules and regulations issued pursuant to any of such Regulations. Tenant agrees to indemnify, defend and hold Landlord and the Landlord Entities harmless from and against any and all liabilities, obligations, damages, penalties, claims, costs,
charges or expenses, including without limitation, reasonable attorney’s fees, clean-up costs, fines or penalties arising out of or resulting from Tenant’s violation of this Article. The terms of
this Article 46 are in addition to, not replacement of, Sections 1.2 of this Lease. 
 46.3 In no event shall medical procedures
be performed in or about the Premises. Any delivery of human and/or animal remains (including, without limitation, organs, tissues and bodily fluids) shall be made only at the shipping/receiving area of the Building, and in no event shall the
elevators in the Building be used for such purpose. Further, no human remains shall be transported to the Building in emergency vehicles. In no event shall Tenant use or occupy the Premises in a manner that would be inconsistent with the character
and dignity of the Building and Landlord may require Tenant to immediately cease any business, procedures, activities or other use which is causing (i) a material disturbance of, or interference with Landlord’s operation and management of
the Building or the use and occupancy thereof by any tenant therein, or (ii) any public disputes, demonstrations or unflattering media attention involving the Building or any business conducted therein. Without limiting the scope of the
foregoing sentence or the limitations imposed by Section 1.1, Tenant shall not use or permit the Premises to be used for any purpose that would allow medical or medicinal odors or fumes to emanate from the Premises. In the event such odors or
fumes do emanate from the Premises, Tenant, at its sole cost and expense, shall be responsible for taking whatever steps are necessary to either eliminate such odors or fumes or to keep such odors or fumes from emanating from the Premises,
including, without limitation, the installation of direct ventilation to the outside of the Building in a manner approved by Landlord. Tenant, at Tenant’s sole cost and expense, shall obtain and maintain throughout the Term any licenses,
permits or zoning approvals required by any governmental body for the conduct of Tenant’s business within the Premises. 
 46.4
“Hazardous Medical Waste” is defined as used needles and syringes, gloves and linen, uniforms and laundry, and cleaning equipment or materials used to clean any of the foregoing; any solid, liquid or gas that is capable of producing
harmful affects on humans or the environment; material that is ignitable, corrosive, reactive or toxic; or any materials that are classified as hazardous medical waste by Environmental Laws. 

46.5 “Infectious Waste” is defined as any waste that contains pathogens or is capable of producing infectious disease; material
contaminated by potentially infectious materials (taking into consideration the factors necessary for induction of disease, which include, but are not limited to, adequate dose, resistance of host, portal of entry and presence of a pathogen and
virulence); material that contains pathogens with sufficient virulence and quantity so that exposure to the waste by a susceptible host could result in an infectious disease; or wastes capable of causing disease, including but not limited to:
(a) cultures and stocks of agents infectious to humans, and associated biologicals (including but not limited to cultures from 

  
 49 

 
medical laboratories; waste from the production of biologicals; discarded live and attenuated vaccines, and culture dishes and devices used to transfer, inoculate and mix cultures);
(b) human pathological wastes including but not limited to tissue, organs and body parts (except teeth and the contiguous structures of bone and gum), and body fluids that are removed during medical procedures and specimens of body fluids and
their containers; (c) discarded waste blood and blood components (including but not limited to serum and plasma) and saturated material containing free flowing blood and blood components (including but not limited to lab specimens);
(d) discarded sharps used in human patient care, medical research or clinical or pharmaceutical laboratories (including but not limited to hypodermic, I.V., and other medical needles; hypodermic and I.V. syringes; Pasteur pipettes; scalpel
blades; blood vials; and broken or unbroken glassware in contact with infectious agents, including slides or cover slips); and (e) discarded hypodermic, I.V. and other medical needles, hypodermic, I.V., syringes, sharps and scalpel blades and
whether used or unused (as it is often difficult to determine if they have been used). 
 47. LETTER OF CREDIT. Concurrent with Tenant’s
execution and delivery of this Lease to Landlord, Tenant shall deliver to Landlord, as collateral for the full performance by Tenant of all of its obligations under this Lease and for all losses and damages Landlord may suffer as a result of
Tenant’s failure to comply with one or more provisions of this Lease, including, but not limited to, any post lease termination damages under Section 1951.2 of the California Civil Code, an Irrevocable Standby Letter of Credit (the
“Letter of Credit”) in the amount of One Million Five Hundred Thousand Dollars ($1,500,000.00). The following terms and conditions shall apply to the Letter of Credit: 

47.1 The Letter of Credit shall be in favor of Landlord, shall be issued by a bank acceptable to Landlord with a Standard & Poors
rating of “A” or better, shall comply with all of the terms and conditions of this Article and shall otherwise be in the form attached hereto as Exhibit F. 

47.2 The Letter of Credit or any replacement Letter of Credit shall be irrevocable for the term thereof and shall automatically renew on a
year to year basis until a period ending not earlier than two months subsequent to the Termination Date (the “LOC Expiration Date”) without any action whatsoever on the part of Landlord; provided that the issuing bank shall have the right
not to renew the Letter of Credit by giving written notice to Landlord not less than sixty (60) days prior to the expiration of the then current term of the Letter of Credit that it does not intend to renew the Letter of Credit. Tenant
understands that the election by the issuing bank not to renew the Letter of Credit shall not, in any event, diminish the obligation of Tenant to deposit the Security Deposit or maintain such an irrevocable Letter of Credit in favor of Landlord
through the LOC Expiration Date. 
 47.3 Landlord, or its then authorized representative, upon (a) an Event of Default by Tenant in the
payment or performance of any of the terms, covenants or conditions of this Lease, including the payment of rent, or (b) Tenant failure to make any installment of rent within ten (10) business days after the same is due (without any
obligation on the part of Landlord to provide Tenant written notice of such failure), or as otherwise specifically agreed by Landlord and Tenant pursuant to this Lease or any amendment hereof, without prejudice to any other remedy provided in this
Lease or by Regulations, shall have the right from time to time to make 

  
 50 

 
one or more draws on the Letter of Credit and use all or part of the proceeds in accordance with Section 47.4 below. In addition, if Tenant fails to furnish a renewal or replacement letter
of credit complying with all of the provisions of this Article 47 at least sixty (60) days prior to the stated expiration date of the Letter of Credit then held by Landlord, Landlord may draw upon such Letter of Credit and hold the
proceeds thereof (and such proceeds need not be segregated) in accordance with the terms of this Article 47. Funds may be drawn down on the Letter of Credit upon presentation to the issuing bank of Landlord’s (or Landlord’s then
authorized representative’s) certification set forth in Exhibit F. 
 47.4 Tenant acknowledges and agrees (and the Letter
of Credit shall so state) that the Letter of Credit shall be honored by the issuing bank without inquiry as to the truth of the statements set forth in such draw request and regardless of whether the Tenant disputes the content of such statement.
The proceeds of the Letter of Credit shall constitute Landlord’s sole and separate property (and not Tenant’s property or the property of Tenant’s bankruptcy estate) and Landlord may immediately upon any draw (and without notice to
Tenant) apply or offset the proceeds of the Letter of Credit: (a) against any rent or other amounts payable by Tenant under this Lease that is not paid when due; (b) against all losses and damages that Landlord has suffered or that
Landlord reasonably estimates that it may suffer as a result of Tenant’s failure to comply with one or more provisions of this Lease, including any damages arising under Section 1951.2 of the California Civil Code following termination of
this Lease; (c) against any costs incurred by Landlord in connection with this Lease (including attorneys’ fees); and (d) against any other amount that Landlord may spend or become obligated to spend by reason of Tenant’s
default. Landlord agrees to pay to Tenant the amount of any proceeds of the Letter of Credit received by Landlord and not applied as allowed above within forty-five (45) days after the latest of (i) LOC Expiration Date; or (ii) the
date on which Tenant surrenders the Premises to Landlord in accordance with the terms and conditions of the Lease; or (iii) the date on which Tenant cures any outstanding breach or default by Tenant under this Lease; provided, that if prior to
the LOC Expiration Date a voluntary petition is filed by Tenant or any guarantor, or an involuntary petition is filed against Tenant or any Guarantor by any of Tenant’s or guarantor’s creditors, under the Federal Bankruptcy Code, then
Landlord shall not be obligated to make such payment in the amount of the unused Letter of Credit proceeds until either all preference issues relating to payments under this Lease have been resolved in such bankruptcy or reorganization case or such
bankruptcy or reorganization case has been dismissed, in each case pursuant to a final court order not subject to appeal or any stay pending appeal. 

47.5 If, as result of any application or use by Landlord of all or any part of the Letter of Credit, the amount of the Letter of Credit shall
be less than the amount set forth in this Article 47, Tenant shall, within ten (10) days thereafter, provide Landlord with additional letter(s) of credit in an amount equal to the deficiency (or a replacement letter of credit in the total
amount required pursuant to this Article 47), and any such additional (or replacement) letter of credit shall comply with all of the provisions of this Article 47, and if Tenant fails to comply with the foregoing, notwithstanding anything
to the contrary contained in this Lease, the same shall constitute an incurable Event of Default by Tenant. Tenant further covenants and warrants that it will neither assign nor encumber the Letter of Credit or any part thereof and that neither
Landlord nor its successors or assigns will be bound by any such assignment, encumbrance, attempted assignment or attempted encumbrance. 

  
 51 

 47.6 Landlord may, at any time and without notice to Tenant and without first obtaining
Tenant’s consent thereto, transfer all or any portion of its interest in and to the Letter of Credit to another party, person or entity, including Landlord’s mortgagee and/or to have the Letter of Credit reissued in the name of
Landlord’s mortgagee. If Landlord transfers its interest in the Building and transfers the Letter of Credit (or any proceeds thereof then held by Landlord) in whole or in part to the transferee, Landlord shall, without any further agreement
between the parties hereto, thereupon be released by Tenant from all liability therefor. The provisions hereof shall apply to every transfer or assignment of all or any part of the Letter of Credit to a new landlord. In connection with any such
transfer of the Letter of Credit by Landlord, Tenant shall, at Tenant’s sole cost and expense, execute and submit to the issuer of the Letter of Credit such applications, documents and instruments as may be necessary to effectuate such
transfer. Tenant shall be responsible for paying the issuer’s transfer and processing fees in connection with any transfer of the Letter of Credit and, if Landlord advances any such fees (without having any obligation to do so), Tenant shall
reimburse Landlord for any such transfer or processing fees within thirty (30) days after Landlord’s written request therefor. 

47.7 If the Letter of Credit expires earlier than the LOC Expiration Date, or the issuing bank notifies Landlord that it shall not renew the
Letter of Credit, Landlord shall accept a renewal thereof or substitute Letter of Credit (such renewal or substitute Letter of Credit to be in effect not later than sixty (60) days prior to the expiration thereof), irrevocable and automatically
renewable through the LOC Expiration Date upon the same terms as the expiring Letter of Credit or upon such other terms as may be acceptable to Landlord. However, if (a) the Letter of Credit is not timely renewed, or (b) a substituted
Letter of Credit, complying with all of the terms and conditions of this paragraph is not timely received, Landlord may present such Letter of Credit to the issuing bank, and the entire sum so obtained shall be paid to Landlord, to be held by
Landlord in accordance with Article 5 of this Lease. Notwithstanding the foregoing, Landlord shall be entitled to receive from Tenant all reasonable attorneys’ fees and costs incurred in connection with the review of any proposed
substitute Letter of Credit pursuant to this Section. 
 47.8 Landlord and Tenant (a) acknowledge and agree that in no event or
circumstance shall the Letter of Credit or any renewal thereof or substitute therefor or any proceeds thereof be deemed to be or treated as a “security deposit” under any Regulation applicable to security deposits in the commercial context
including Section 1950.7 of the California Civil Code, as such section now exist or as may be hereafter amended or succeeded (“Security Deposit Laws”), (b) acknowledge and agree that the Letter of Credit (including any renewal
thereof or substitute therefor or any proceeds thereof) is not intended to serve as a security deposit, and the Security Deposit Laws shall have no applicability or relevancy thereto, and (c) waive any and all rights, duties and obligations
either party may now or, in the future, will have relating to or arising from the Security Deposit Laws. Tenant hereby waives the provisions of Section 1950.7 of the California Civil Code and all other provisions of Regulations, now or
hereafter in effect, which (i) establish the time frame by which Landlord must refund a security deposit under a lease, and/or (ii) provide that Landlord may claim from the security deposit only those sums reasonably necessary to remedy
defaults in the payment of rent, to repair damage caused by Tenant or to clean the Premises, it being agrees that Landlord may, in addition, claim those sums specified above in this Section 47.8 and/or those sums reasonably necessary to
compensate Landlord for any loss or damage caused by Tenant’s breach of this Lease or the acts or omission of Tenant or any other Tenant Entities, including any damages Landlord suffers following termination of this Lease. 

  
 52 

 47.9 Notwithstanding anything to the contrary contained in this Lease, in the event that at any
time the financial institution which issues said Letter of Credit is declared insolvent by the FDIC or is closed for any reason, Tenant must immediately provide a substitute Letter of Credit that satisfies the requirements of this Lease hereby from
a financial institution acceptable to Landlord, in Landlord’s sole discretion. 
 47.10 Notwithstanding anything to the contrary set
forth herein but subject to the remaining terms of this Section 47.10, and provided that (i) Tenant has timely paid all rent and all other sums and charges payable under this Lease during the twelve (12) month period immediately
preceding any LC Reduction Effective Date (defined below), and (ii) no default has occurred beyond any applicable notice and cure periods hereunder in the twelve (12) month period prior to any LC Reduction Effective Date (collectively, the
“LC Reduction Conditions”), Tenant shall have the right to reduce the amount of the Letter of Credit so that the reduced Letter of Credit amounts shall be as follows: (A) $1,200,000.00 effective as of October 1, 2016 (i.e., the
first day of the twentieth (20th) month of the initial Term); (B) $900,000.00 effective as of October 1, 2017 (i.e., the first day of the thirty-second (32nd) month of the initial Term); (C) $600,000.00 effective as of October 1, 2018 (i.e., the first day of the forty-fourth
(44th) month of the initial Term; and (D) $300,000.00 effective as of September 1, 2019 (i.e., the first day of the fifty-sixth month of the initial Term). If Tenant is not entitled
to reduce the amount of the Letter of Credit as of a particular reduction effective date due to Tenant’s failure to timely pay all rent and other amounts payable pursuant to this Lease during the twelve (12) months prior to that particular
reduction effective date, then any subsequent reduction(s) Tenant is entitled to hereunder shall be reduced by the amount of the reduction Tenant would have been entitled to had Tenant timely paid all rent and other amounts payable pursuant to this
Lease during the twelve (12) months prior to that particular earlier reduction effective date. Any reduction in the Letter of Credit amount shall be accomplished by Tenant providing Landlord with a substitute or amended Letter of Credit in the
reduced amount, which substitute or amended Letter of Credit shall comply with the requirements of this Article 47. 
 48. SUPPLEMENTAL HVAC
UNIT. Tenant, at its sole cost and expense (subject to the terms of Exhibit B attached hereto) shall be permitted to install a supplemental air conditioning unit (the “Supplemental Unit”) for use in the Premises, subject to
the terms of this Article 48. Tenant shall provide Landlord with not less than thirty (30) days’ prior written notice before installing any Supplemental Unit and Tenant’s installation of any Supplemental Unit shall comply with
the terms of Article 6 of this Lease. Landlord and Tenant acknowledge and agree that all electricity used by Tenant for the operation of the Supplemental Unit is deemed to be excess electrical usage as described in Section 13.4 of the
Lease, and Tenant agrees to pay Landlord for all such electricity used by Tenant. Notwithstanding anything elsewhere in the Lease to the contrary, Tenant shall be responsible, at its cost, for maintaining and repairing any Supplemental Unit to the
reasonable satisfaction of Landlord and the cost of purchasing and installing a submeter for any Supplemental Unit to measure electricity consumed in connection with such Supplemental Unit. Tenant, at its sole cost and expense, shall procure and
maintain in full force and effect, a contract (the “Service Contract”) for the service, maintenance, repair and replacement of any Supplemental Unit with an asbestos-certified HVAC service and 

  
 53 

 
maintenance contracting firm reasonably acceptable to Landlord. Tenant shall follow all reasonable recommendations of said contractor for the maintenance, repair and replacement of any
Supplemental Unit. A copy of the then current Service Contract shall be delivered to Landlord upon Landlord’s request therefor. The Service Contract shall provide that the contractor shall perform inspections of any Supplemental Unit at
intervals of not less than three (3) months and that having made such inspections, said contractor shall furnish a complete report of any defective conditions found to be existing with respect to any Supplemental Unit, together with any
recommendations for maintenance, repair and/or replacement thereof. Upon expiration or earlier termination of this Lease, title to any Supplemental Unit shall pass to Landlord although, upon the request of Landlord, Tenant shall be required to
remove any Supplemental Unit, at Tenant’s cost, in accordance with the terms of Article 26 of this Lease. The foregoing right shall not require Landlord to upgrade or otherwise modify any existing Building systems. 

49. PERSONAL PROPERTY. Tenant is in the process of purchasing certain furniture currently located in the Premises (the “Personal Property”)
and owned by Vertos Medical, Inc., a Delaware corporation (“Prior Tenant”). Landlord has agreed to allow the Personal Property to remain in the Premises prior to the Commencement Date. Notwithstanding anything to the contrary contained
herein, if Tenant exercises its termination right as provided in Section 2.4 above, Tenant, at Tenant’s sole cost and expense, shall remove all Personal Property within five (5) business days of written notice by Landlord. Tenant
shall repair any damage caused in connection of such removal and shall indemnify and hold Landlord and Landlord Entities harmless in connection with any loss or damages in connection with such removal. Landlord (i) shall not be liable for any
loss of or damage to the Personal Property, (ii) disclaims any ownership of and responsibility for the Personal Property, and (iii) makes no representation as to its nature, suitability, quality or condition. Tenant acknowledges that it is
relying solely on its own investigation of the Personal Property and not on any information provided by Landlord. 
 50. CONTINGENCY. This Lease
specifically is contingent upon the execution of an amendment (the “Prior Tenant Amendment”) to that certain Lease dated June 22, 2011 (the “Prior Tenant Lease”), by and between Landlord and Prior Tenant, pursuant to which
Prior Tenant will relocate from approximately 25,073 rentable square feet (the “Prior Tenant Space”) on the first floor of the Building (which Prior Tenant Space includes a portion of the Premises to be leased to Tenant pursuant to the
terms of this Lease) to different premises in the Project. Landlord currently is negotiating the terms of the Prior Tenant Amendment. If Landlord fails to enter into the Prior Tenant Amendment with Prior Tenant on or before January 15, 2015,
then Landlord may terminate this Lease by providing written notice thereof to Tenant. 
 51. LIMITATION OF LIABILITY. 

51.1 Redress for any claim against Landlord under this Lease shall be limited to and enforceable only against and to the extent of
Landlord’s interest in the Building in which the Premises are located. The obligations of Landlord under this Lease are not intended to be and shall not be personally binding on, nor shall any resort be had to the private properties of, any of
its or its investment manager’s trustees, directors, officers, partners, beneficiaries, members, stockholders, employees, or agents, and in no case shall Landlord be liable to Tenant hereunder for any lost profits, damage to business, or any
form of special, indirect or consequential damages. Landlord’s interest “in the Building in which the Premises are located” shall include 

  
 54 

 
rents due from tenants, insurance proceeds paid on policies carried by Landlord covering the Building pursuant to Article 11 of this Lease (provided, however, that in no event shall Tenant,
or anyone claiming on behalf or through Tenant, be deemed or otherwise considered a loss payee under any such insurance policies), and proceeds from condemnation or eminent domain proceedings (prior to the distribution of same to any partner or
shareholder of Landlord or any other third party). The terms of this Article 50 shall not be deemed a limitation on any insurance providers’ obligations under policies carried pursuant to the terms of this Lease. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 55 

 51.2 Tenant shall not be liable to Landlord for any special, indirect or consequential damages
except for any damages recoverable pursuant to Section 1.2, Article 14 and/or Article 46 and provided that Tenant hereby acknowledges and agrees that the foregoing shall not prevent Landlord from recovering any and all damages to
which Landlord is entitled in Article 19 of this Lease following an event of Default by Tenant hereunder. 
 IN WITNESS WHEREOF, Landlord and Tenant
have executed this Lease as of the Lease Reference Date set forth in the Reference pages of this Lease. 
  

									
	LANDLORD:	 		 	TENANT:
			
	RREEF AMERICA REIT II CORP. FFF,	 		 	ELLIPSE TECHNOLOGIES, INC.,
	a Maryland corporation	 		 	a Delaware corporation
					
	By:	 	 /s/ Scott Davis
	 		 	By:	 	 /s/ Ed Roschak

					
	Name:	 	 SCOTT DAVIS
	 		 	Name:	 	 Ed Roschak

					
	Title:	 	 Vice President
	 		 	Title:	 	 CEO

					
	Dated:	 	 1/21/15
	 		 	Dated:	 	 1/20/15

					
		 		 		 	By:	 	 /s/ J.T. Koning

					
		 		 		 	Name:	 	 J.T. Koning

					
		 		 		 	Title:	 	  

					
		 		 		 	Dated:	 	 20 Jan 2015

					
		 		 		 	By:	 	 /s/ Mike Moeller

					
		 		 		 	Name:	 	 MIKE MOELLER

					
		 		 		 	Title:	 	  

					
		 		 		 	Dated:	 	 1-20-15

  
 56 

 EXHIBIT A – FLOOR PLAN DEPICTING THE PREMISES 

attached to and made a part of the Lease bearing the 

Lease Reference Date of January 13, 2015 between 

RREEF AMERICA REIT II CORP. FFF, a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 

Exhibit A is intended only to show the general layout of the Premises as of the beginning of the Term of the Lease. It does not in any way
supersede any of Landlord’s rights set forth in Article 17 of the Lease with respect to arrangements and/or locations of public parts of the Building and changes in such arrangements and/or locations. It is not to be scaled; any
measurements or distances shown should be taken as approximate. 
  
 

 

  
 A-1 

 

 

  
 A-2 

 EXHIBIT A-1 – SITE PLAN 

attached to and made part of the Lease bearing 

the Lease Reference Date of January 13, 2015 between 

RREEF AMERICA REIT II CORP. FFF, a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 

Exhibit A-1 is intended only to show the general location of the Building and/or the Project as of the
beginning of the Term of the Lease. It does not in any way supersede any of Landlord’s rights set forth in Article 17 of the Lease with respect to arrangements and/or locations of public parts of the Building and changes in such
arrangements and/or locations. It is not to be scaled; any measurements or distances shown should be taken as approximate. 
  

 

  
 A-1-1 

 EXHIBIT B – INITIAL ALTERATIONS 

attached to and made a part of the lease bearing the 

Lease Reference Date of January 13, 2015 between 

RREEF AMERICA REIT II CORP. FFF, a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 

1. Tenant, following the delivery of the Premises by Landlord and the full and final execution and delivery of the Lease to which this Exhibit B
is attached and all prepaid rental, the Security Deposit, the Letter of Credit and insurance certificates required under the Lease, shall have the right to perform alterations and improvements in the Premises (the “Initial Alterations”).
Notwithstanding the foregoing, Tenant and its contractors shall not have the right to perform the Initial Alterations in the Premises unless and until Tenant has complied with all of the terms and conditions of Article 6 of the Lease,
including, without limitation, approval by Landlord of the final plans for the Initial Alterations and the contractors to be retained by Tenant to perform such Initial Alterations. Landlord hereby approves the conceptual space plans (the
“Conceptual Space Plans”) attached hereto as Schedule 1. Tenant shall be responsible for all elements of the design of Tenant’s plans (including, without limitation, compliance with law, functionality of design, the
structural integrity of the design, the configuration of the Premises and the placement of Tenant’s furniture, appliances and equipment), and Landlord’s approval of Tenant’s plans shall in no event relieve Tenant of the responsibility
for such design. In addition to the foregoing, Tenant shall be solely liable for all costs and expenses associated with or otherwise caused by Tenant’s performance and installment of the Initial Alterations (including, without limitation, any
legal compliance requirements arising outside of the Premises). Landlord’s approval of the contractors to perform the Initial Alterations shall not be unreasonably withheld. The parties agree that Landlord’s approval of the general
contractor to perform the Initial Alterations shall not be considered to be unreasonably withheld if any such general contractor (a) does not have trade references reasonably acceptable to Landlord, (b) does not maintain insurance as
required pursuant to the terms of the Lease, (c) does not have the ability to be bonded for the work in an amount of no less than on hundred fifty percent (150%) of the total estimated cost of the Initial Alterations, (d) does not
provide current financial statements reasonably acceptable to Landlord, (e) does not execute the Responsible Contractor Policy Statement provided by Landlord, or (f) is not licensed as a contractor in the state/municipality in which the
Premises is located. Tenant acknowledges the foregoing is not intended to be an exclusive list of the reasons why Landlord may reasonably withhold its consent to a general contractor. 

2. Provided Tenant is not in default, Landlord agrees to contribute the sum of $2,109,640.00 (i.e., $40.00 per rentable square foot of the Premises) (the
“Allowance”) toward the cost of performing the Initial Alterations in preparations of Tenant’s occupancy of the Premises. The Allowance may only be used for (i) the cost of preparing space plans, programming costs, the cost of
design development drawings, pricing drawings and construction drawings, the cost of mechanical, plumbing and electrical plans and permitting costs for the Initial Alterations; (ii) project management fees paid to Tenant’s project manager
in connection with the Initial Alterations; provided, however, that the portion of the Allowance (and any Additional Allowance) applied to such fees shall not exceed five percent (5%) of the Allowance; (iii) hard costs in connection with
the Initial Alterations; and (iv) subject to Section 4 below, for the FF&E 

  
 B-1 

 
Costs (defined below). The Allowance, less a ten percent (10%) retainage (which retainage shall be payable as part of the final draw), shall be paid to Tenant or, at Landlord’s option,
to the order of the general contractor that performs the Initial Alterations, in periodic disbursements within thirty (30) days after receipt of the following documentation: (a) an application for payment and sworn statement of contractor
substantially in the form of AIA Document G-702 covering all work for which disbursement is to be made to a date specified therein; (b) a certification from an AIA architect substantially in the form of
the Architect’s Certificate for Payment which is located on AIA Document G702, Application and Certificate Payment; (c) contractor’s, subcontractor’s and material supplier’s waivers of liens which shall cover all Initial
Alterations for which disbursement is being requested and all other statements and forms required for compliance with the mechanics’ liens laws of the state in which the Premises is located, together with all such invoices, contracts, or other
supporting data as Landlord or Landlord’s Mortgagee may reasonably require; (d) a cost breakdown for each trade or subcontractor performing the Initial Alterations; (e) plans and specifications for the Initial Alterations, together
with a certificate from an AIA architect that such plans and specifications comply in all material respects with all laws affecting the Building, Property and Premises; (f) copies of all construction contracts for the Initial Alterations,
together with copies of all change orders, if any; and (g) a request to disburse from Tenant containing an approval by Tenant of the work done and a good faith estimate of the cost to complete the Initial Alterations. Upon completion of the
Initial Alterations, and prior to final disbursement of the Allowance, Tenant shall furnish Landlord with: (i) general contractor and architect’s completion affidavits; (ii) full and final waivers of lien; (iii) receipted bills
covering all labor and materials expended and used; (iv) as-built plans of the Initial Alterations; and (v) the certification of Tenant and its architect that the Initial Alterations have been
installed in a good and workmanlike manner in accordance with the approved plans, and in accordance with applicable laws, codes and ordinances. In no event shall Landlord be required to disburse the Allowance more than one time per month. If the
Initial Alterations exceed the Allowance, Tenant shall be entitled to the Allowance in accordance with the terms hereof, but each individual disbursement of the Allowance shall be disbursed in the proportion that the Allowance bears to the total
cost for the Initial Alterations, less the ten percent (10%) retainage referenced above. Notwithstanding anything herein to the contrary, Landlord shall not be obligated to disburse any portion of the Allowance during the continuance of an
uncured default under the Lease, and Landlord’s obligation to disburse shall only resume when and if such default is cured. 
 3. Except as provided in
Section 4 below, in no event shall the Allowance be used for the purchase of equipment, furniture or other items of personal property of Tenant. If Tenant does not submit a request for payment of the entire Allowance to Landlord in accordance
with the provisions contained in this Exhibit B by July 31, 2016, any unused amount shall accrue to the sole benefit of Landlord, it being understood that Tenant shall be entitled to any credit, abatement or other concession in
connection therewith. Tenant shall be responsible for all applicable state sales or use taxes, if any, payable in connection with the Initial Alterations and/or Allowance. Landlord shall be entitled to deduct from the Allowance a construction
management fee for Landlord’s oversight of the Initial Alterations in an amount equal to one and one-half percent (1.5%) of the total cost of the Initial Alterations. 

4. Notwithstanding anything to the contrary set forth herein, so long as Tenant is not in default under the Lease beyond any applicable notice and cure
period, Tenant shall be entitled to 

  
 B-2 

 
apply a portion of the Allowance, in an aggregate amount not to exceed $158,223.00 (i.e. $3.00 per rentable square foot of the Premises), toward the cost of refurbishing and/or purchasing and
installing the Supplemental Unit, general office equipment (such as a facsimile machine or a copy machine), furniture, and voice/data infrastructure, cabling and systems (but expressly excluding any leased equipment or other leasing costs associated
therewith) (collectively, the “FF&E”) to be located at all times at the Premises and for use by Tenant in the Premises (collectively, the “FF&E Costs”). Tenant hereby acknowledges and agrees that the FF&E shall
expressly exclude office supplies (including, without limitation, letterhead and business cards). Landlord shall own all the FF&E until the expiration of the Lease (provided that Tenant, not Landlord, shall be responsible for all costs and
taxes), at which time the FF&E shall become the property of Tenant. Tenant shall maintain and repair the FF&E in good and working order and shall insure the FF&E to the same extent Tenant is required to insure Tenant’s personalty
pursuant to the terms of the Lease. In the event that the Lease is terminated prior to the Termination Date as a result of an Event of Default, Tenant, at Landlord’s election, shall pay to Landlord the unamortized portion of the costs of the
FF&E (no later than the termination date of the Lease), or, at Landlord’s option, the FF&E shall remain the property of Landlord and Tenant shall and, in such event, hereby does, waive all of its rights thereto. Landlord shall disburse
the portion of the Allowance applied to the FF&E Costs (not to exceed the actual FF&E Costs), to Tenant within thirty (30) days after the later to occur of (i) receipt of paid invoices from Tenant with respect to Tenant’s
actual FF&E Costs, and (ii) completion of the Initial Alterations and the disbursement of the Allowance pursuant to Section 2. However, in no event shall Landlord have any obligation to disburse any portion of the Allowance applied to
the FF&E Costs after July 31, 2016. 
 5. Provided Tenant is not in default after the expiration of applicable cure periods, Landlord shall provide
Tenant with an allowance (the “Space Planning Allowance”) in an amount not to exceed $7,911.15 (i.e. $0.15 per rentable square foot in the Premises) to be applied toward preparation of the initial space plan for the Initial Alterations in
the Premises and one (1) revision thereof, to Tenant within forty-five (45) days after the later to occur of (A) receipt of paid invoices from Tenant with respect to Tenant’s actual Space Planning Costs, and (B) the
Commencement Date. However, in no event shall Landlord have any obligation to disburse any portion of the Space Planning Allowance after July 31, 2016. 

6. If (a) the cost of the Initial Alterations exceeds the Allowance (the “Excess Costs”); and (b) Tenant has used the entire Allowance as
provided herein, then, provided Tenant is in default beyond any applicable notice and cure period under the Lease, Tenant shall be entitled to request an additional allowance (the “Additional Allowance Request”) of up to $527,410.00 (i.e.,
$10.00 per rentable square foot of the Premises) (the “Maximum Additional Allowance”) from Landlord in order to finance the Excess Costs during the initial Term. The amount of the Maximum Additional Allowance requested by Tenant is
referred to as the “Additional Allowance”. In order to request the Additional Allowance, Tenant must complete, execute and deliver to Landlord, no later than sixty (60) days prior to the Final Additional Allowance Disbursement Date
(defined below), the “Request for Additional Allowance” in the form attached hereto as Schedule 1. Provided Tenant is not in default beyond any applicable notice and cure period under the Lease, Landlord (subject to
Section 8 below), shall apply the Additional Allowance to the Excess Costs in accordance with the provisions applicable for the application of the Allowance set forth above. In no event shall Tenant be entitled to any disbursement of the

  
 B-3 

 
Additional Allowance after July 31, 2016 (the “Final Additional Allowance Disbursement Date”). Any Additional Allowance applied on behalf of Tenant hereunder to the Excess Costs
shall be repaid to Landlord as additional rent in equal monthly installments commencing on the first day of the first full calendar month following the date any portion of the Additional Allowance is disbursed to Tenant and continuing through the
earlier of (i) the last day of the sixtieth (60th) full calendar month following such disbursement; or (ii) the Termination Date, at an interest rate equal to eight percent
(8%) per annum (collectively, the “Amortization Rate”). If Tenant is in default under the Lease after the expiration of applicable cure periods, the entire unpaid balance of the Additional Allowance paid to or on behalf of Tenant
shall become immediately due and payable and, except to the extent required by applicable law, shall not be subject to mitigation or reduction in connection with a reletting of the Premises by Landlord. In addition, notwithstanding anything to the
contrary set forth in the Lease, in no event shall the Additional Allowance be abated or offset for any reason whatsoever. 
 7. Landlord’s obligation
to disburse the Additional Allowance and the right to receive repayment of same from Tenant, as described above, is referred to herein as the “Loan”. Notwithstanding anything to the contrary contained in the Lease or this
Exhibit B, Landlord may transfer or assign all or part of the Loan, without the prior consent of Tenant, as follows: (a) if Landlord or any subsequent permitted assignee of the Loan is partnership or limited liability company, in a
distribution without consideration, to a partner (including a limited partner) of such partnership or a member of such limited liability company; (b) to any parent or majority-owned subsidiary of Landlord (or, with respect to a permitted
assignee holding the Loan, to the parent or majority-owned subsidiary of such permitted assignee); or (c) to any “affiliate” (as defined in Rule 12b-2 of the Exchange Act) of Landlord (or,
with respect to a permitted assignee holding the Loan, to any affiliate of such permitted assignee) (for convenience, each and all of the foregoing entities described above is referred to as a “Landlord Affiliate”). In the event any such
assignment of the Loan, Tenant, upon request of Landlord, shall execute and deliver to Landlord, or the Landlord Affiliate, a commercially reasonable promissory note, prepared by Landlord or the Landlord Affiliate, which will evidence the
Tenant’s obligation to repay the Additional Allowance to the Landlord or the Landlord Affiliate, as applicable, generally in accordance with the repayment provisions described in Section 6 above. 

8. If at any time prior to disbursement of the Additional Allowance it is determined that Landlord and/or any landlord Affiliate (as described above) owns
more than ten percent (10%) of an Ownership Interest in Tenant (as such term is described in the Request Form For Additional Allowance attached as Schedule 1), then, rather than Landlord applying the Additional Allowance, Landlord
may cause a Landlord Affiliate to apply the Additional Allowance to the Excess Costs and, as a condition to the Landlord Affiliate making such application of the Additional Allowance, Tenant shall execute and deliver to the Landlord Affiliate a
commercially reasonable promissory note, prepared by Landlord or the Landlord Affiliate, which will evidence the Tenant’s obligation to repay the Additional Allowance to the Landlord Affiliate or its assigns generally in accordance with
repayment provisions described in Section 6 above. 
 9. Except as otherwise expressly provided in the Lease, Tenant agrees to accept the Premises in
its “as is” condition and configuration, it being agreed that Landlord shall not be required to perform any work or, except as provided above with respect to the Allowance, incur any costs in connection with the construction or demolition
of any improvements in the Premises. 

  
 B-4 

 10. Notwithstanding anything to the contrary contained herein, within ten (10) days following
Landlord’s approval of the final plans for the Initial Alterations, Tenant may request in writing to be notified whether or not Landlord will require that the Initial Alterations (or any portion thereof) be removed upon the expiration or
earlier termination of the Lease. If Landlord fails to notify Tenant within (20) days of Landlord’s receipt of such notice whether Tenant shall be required to remove the Initial Alterations (or any portion thereof) at the expiration or
earlier termination of this Lease, Tenant may, within fifteen (15) days following the expiration of the twenty (20) day period described above, provide to Landlord a second written notice (the “Second Notice”) substantially
containing the following language. “THIS IS TENANT’S SECOND NOTICE TO LANDLORD. LANDLORD FAILED TO RESPOND TO TENANT’S FIRST NOTICE IN ACCORDANCE WITH THE TERMS OF EXHIBIT B TO THE LEASE. IF LANDLORD FAILS TO RESPOND TO
THIS NOTICE IN FIVE (5) BUSINESS DAYS, TENANT SHALL HAVE NO OBLIGATION TO REMOVE ANY PORTION OF THE INITIAL ALTERATIONS SHOWN ON THE FINAL PLANS FOR THE INITIAL ALTERATIONS APPROVED BY LANDLORD”. If (a) Tenant’s second
written notice strictly complies with the terms of this Section 10, and (b) Landlord fails to notify Tenant within five (5) business days of Landlord’s receipt of such second written notice, it shall be assumed that Landlord
shall not require the removal of the Initial Alterations shown on the final plans for the Initial Alterations approved by Landlord at the expiration or earlier termination of this Lease. 

11. This Exhibit B shall not be deemed applicable to any additional space added to the Premises at any time or from time to time, whether by any
options under the Lease or otherwise, or to any portion of the original Premises or any additions to the Premises in the event of a renewal or extension of the original Term of the Lease, whether by any options under the Lease or otherwise, unless
expressly so provided in the Lease or any amendment or supplement to the Lease. 

  
 B-5 

 SCHEDULE 1 TO EXHIBIT B – SPACE PLANS 

 
 

 

  
 B-6 

 

 

  
 B-7 

 SCHEDULE 1 TO EXHIBIT B – FORM OF REQUEST FOR ADDITIONAL ALLOWANCE 

attached to and made a part of the Lease bearing the 

Lease Reference Date January 13, 2015 between 

RREEF AMERICA REIT II CORP. FFF, a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 

REQUEST FOR ADDITIONAL ALLOWANCE 

TO: Landlord 
  

			
	DATE:	 	  

 REGARDING: Lease dated as of January 13, 2015, by and between RREEF AMERICA REIT II CORP.
FFF, a Maryland corporation (“Landlord”), and ELLIPSE TECHNOLOGIES, INC., a Delaware corporation (“Tenant”), as same may have been amended from time to time, (collectively, the “Lease”), relating to which Landlord has
leased to Tenant certain premises in the building located at 101 Enterprise, Aliso Viejo, California (the “Building”). 
 REQUEST FOR
ADDITIONAL ALLOWANCE: Pursuant to Section 6 (the “Additional Allowance Provision”) of Exhibit B to the Lease, Tenant hereby requests that Landlord disburse $         of the
Maximum Additional Allowance (as defined in the Additional Allowance Provision) to Tenant for the Purposes allowed therein. It is understood that the Additional Allowance requested by Tenant shall be disbursed as described in the Additional
Allowance Provision, and Tenant shall repay such sum as described in the Additional Allowance Provision. 
 REPRESENTATION BY
TENANT: Tenant recognizes and acknowledges that Landlord intends to qualify as a “real estate investment trust” for purposes of the Internal Revenue Code and that maintaining such status is of material concern to
Landlord. Accordingly, Tenant represents and warrants to Landlord that as of the date hereof [Instruction to Tenant: check (a) or (b) below, but not both. IF (a) is checked, then (b) is not applicable; and (b) is
checked, then (a) is not applicable.]: 
  

					
	          
	 	(a)	  	The disbursement of the Additional Allowance to Tenant and to be repaid to Landlord (the “Loan”), plus all other securities of Tenant held by Landlord or, to the knowledge of Tenant, any affiliate of Landlord (such other
securities, collectively, the “Other Securities”), do not constitute 10% or more of either (a) the total voting power of all outstanding securities of Tenant on an aggregate basis or (b) the total dollar value of all
outstanding securities of Tenant on an aggregate basis (each of the foregoing items (a) and (b) are referred to as an “Ownership Interest in Tenant”). Tenant shall notify Landlord of any redemption, repurchase or other actions taken
by Tenant or any other person, which would cause the Loan plus all Other Securities to constitute (10%) or more of either (i) the total voting power of all outstanding securities of Tenant on an aggregate basis or (ii) the total dollar
value of all outstanding securities of Tenant on an aggregate basis. For purposes of this provision, the term “securities” (or, in the singular, “security”) shall have the remaining used for such term in the Investment Company
Act of 1940, as amended.

  
 B-8 

					
			
		 		  	OR
			
	          
	 	(b)	  	Tenant is unable to make the representation in subsection (a) above because Landlord and/or the affiliate(s) of Landlord do hold 10% or more of an Ownership Interest in Tenant (as described above), as described more
fully below:
		
		 	  

		 	  

		 	  

		 	  

		 	  

		 	  

 The undersigned represents hereby that he or she has the authority to execute and deliver this Request Form on behalf of
the Tenant, and the Tenant shall be fully bound hereby. 
  

			
	TENANT
	
	 AMKOR TECHNOLOGY, INC.,
 a
Delaware corporation

		
	By:	 	  

	Name:	 	  

	Title:	 	  

 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 B-9 

 EXHIBIT C – COMMENCEMENT DATE MEMORANDUM 

attached to and made a part of the Lease bearing the 

Lease Reference Date of January 13, 2015 between 

RREEF AMERICA REIT II CORP. FFF, a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 

COMMENCEMENT DATE MEMORANDUM 

THIS MEMORANDUM, made as of             , 20    , by
and between RREEF AMERICA REIT II CORP. FFF, a Maryland corporation (“Landlord”) and ELLIPSE TECHNOLOGIES, INC., a Delaware corporation (“Tenant”). 

Recitals 
  

	 	A.	Landlord and Tenant are parties to that certain Lease, dated for reference January 13, 2015 (the “Lease”) for certain premises (the “Premises”) consisting of approximately 52,741 square
feet at the building located at 101 Enterprise, Aliso Viejo, California. 

  

	 	B.	Tenant is in possession of the Premises and the Term of the Lease has commenced. 

  

	 	C.	Landlord and Tenant desire to enter into this Memorandum confirming the Commencement Date, the Termination Date and other matters under the Lease. 

NOW, THEREFORE, Landlord and Tenant agree as follows: 
  

	 	1.	The actual Commencement Date is                     . 

 

	 	2.	The actual Termination Date is                     . 

 

	 	3.	The schedule of the Annual Rent and the Monthly Installment of Rent set forth on the Reference Pages is deleted in its entirety, and the following is substituted therefor: 

[Insert rent schedule] 
  

	 	4.	Capitalized terms not defined herein shall have the same meaning as set forth in the lease. 

  
 C-1 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date
and year first above written. 
  

									
	LANDLORD:	 		 	TENANT:
			
	RREEF AMERICA REIT II CORP. FFF,	 		 	ELLIPSE TECHNOLOGIES, INC.,
	a Maryland corporation	 		 	a Delaware corporation
					
	By:	 	 DO NOT SIGN
	 		 	By:	 	 DO NOT SIGN

					
	Name:	 	  
	 		 	Name:	 	  

					
	Title:	 	Vice President	 		 	Title:	 	  

					
	Dated:	 	  
	 		 	Dated:	 	  

 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 C-2 

 EXHIBIT D – RULES AND REGULATIONS 

attached to and made a part of the Lease bearing the 

Lease Reference Date of January 13, 2015 between 

RREEF AMERICA REIT II CORP. FFF, a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 

1. Except as otherwise expressly provided in the Lease, no sign, placard, picture, advertisement, name or notice shall be installed or displayed on any part
of the outside or inside of the Building without the prior written consent of the Landlord. Landlord shall have the right to remove, at Tenant’s expense and without notice, any sign installed or displayed in violation of this rule. All approved
signs or lettering on doors and walls shall be printed, painted, affixed or inscribed at Tenant’s expense by a vendor designated or approved by Landlord. In addition, Landlord reserves the right to change from time to time the format of the
signs or lettering and to require previously approved signs or lettering to be appropriately altered. 
 2. If Landlord reasonably objects in writing to any
curtains, blinds, shades or screens that are visible from the exterior of the Premises and attached to or hung in or used in connection with any window or door of the Premises, Tenant shall immediately discontinue such use. No awning shall be
permitted on any part of the Premises. Tenant shall not place anything or allow anything to be placed against or near any glass partitions or doors or windows which may appear unsightly, in the reasonable opinion of Landlord, from outside the
Premises. 
 3. Tenant shall not obstruct any sidewalks, halls, passages, exits, entrances, elevators, or stairways of the Building. Except as otherwise
expressly provided in the Lease, no tenant and no employee or invitee of any tenant shall go upon the roof of the Building. 
 4. Any directory of the
building, if provided, will be exclusively for the display of the name and location of tenants only and Landlord reserves the right to exclude any other names. Landlord reserves the right to charge for Tenant’s directory listing. 

5. All cleaning and janitorial services for the Building and the Premises shall be provided exclusively through Landlord. Tenant shall not cause any
unnecessary labor by carelessness or indifference to the good order and cleanliness of the Premises. Landlord shall not in any way be responsible to any Tenant for any loss of property on the Premises, however occurring, or for any damage to any
Tenant’s property by the janitor or any other employee or any other person. 
 6. The toilet rooms, toilets, urinals, wash bowls and other apparatus
shall not used for any purpose other than that for which they were constructed. No foreign substance of any kind whatsoever shall be thrown into any of them, and the expense of any breakage, stoppage or damage resulting from the violation of this
rule shall be borne by the Tenant who, or whose employees or invitees, shall have caused it. 
 7. Tenant shall store all its trash and garbage within its
Premises. Tenant shall not place in any trash box or receptacle any material which cannot be disposed of in the ordinary and customary manner of trash and garage disposal. All garbage and refuse disposal shall be made in accordance with directions
issued from time to time by Landlord. Tenant will comply with any and all recycling procedures designated by Landlord. 

  
 D-1 

 8. Landlord will furnish Tenant ten (10) keys free of charge to each door in the Premises that has a passage
way lock. Landlord may charge Tenant a reasonable amount for any additional keys, and Tenant shall not make or have made additional keys on its own. Tenant shall not alter any lock or install a new or additional lock or bolt on any door of its
Premises. Tenant, upon the termination of its tenancy, shall deliver to Landlord the keys of all doors which have been furnished to Tenant, and in the event of loss of any keys so furnished, shall pay Landlord therefor. 

9. If Tenant requires telephone, data, burglar alarm or similar service, the cost of purchasing, installing and maintaining such service shall be borne solely
by Tenant. No boring or cutting for wires will be allowed without the prior written consent of Landlord. 
 10. No equipment, materials, furniture,
packages, bulk supplies, merchandise or other property will be received in the Building or carried in the elevators except between such hours and in such elevators as may be designated by Landlord. The persons employed to move such equipment or
materials in or out of the Building must be acceptable to Landlord. 
 11. Tenant shall not place a load upon any floor which exceeds the load per square
foot which such floor was designed to carry and which is allowed by law. Heavy objects shall stand on such platforms as determined by Landlord to be necessary to properly distribute the weight. Business machines and mechanical equipment belonging to
Tenant which cause noise or vibration that may be transmitted to the structure of the Building or to any space in the Building to such a degree as to be objectionable to Landlord or to any tenants shall be placed and maintained by Tenant, at
Tenant’s expense, on vibration eliminators or other devices sufficient to eliminate the noise or vibration. Landlord will not be responsible for loss of or damage to any such equipment or other property from any cause, and all damage done to
the Building by maintaining, or moving such equipment or other property shall be repaired at the expense of Tenant. 
 12. Landlord shall in all cases
retain the right to control and prevent access to the Building of all persons whose presence in the judgment of Landlord would be prejudicial to the safety, character, reputation or interests of the Building and its tenants, provided that nothing
contained in this rule shall be construed to prevent such access to persons with whom any tenant normally deals in the ordinary course of its business, unless such persons are engaged in illegal activities. Landlord reserves the right to exclude
from the Building between the hours of 6 p.m. and 7 a.m. the following day, or such other hours as may be established from time to time by Landlord, and on Sundays and legal holidays, any person unless that person is known to the person or
employee in charge of the Building and has a pass or is properly identified. Tenant shall be responsible for all persons for whom it requests passes and shall be liable to Landlord for all acts of such persons. Landlord shall not be liable for
damages for any error with regard to the admission to or exclusion from the Building of any person. 
 13. Tenant shall not use any method of heating or air
conditioning other than that supplied or approved in writing by Landlord. Tenant shall not use space heaters on the Premises. 
 14. Tenant shall not waste
electricity, water or air conditioning. Tenant shall keep corridor doors closed. Tenant shall close and lock the doors of its Premises and entirely shut off all water 

  
 D-2 

 
faucets or other water apparatus and electricity, gas or air outlets before Tenant and its employees leave the Premises. Tenant shall be responsible for any damage or injuries sustained by other
tenants or occupants of the Building or by Landlord for noncompliance with this rule. 
 15. Except as otherwise expressly provided in the Lease, Tenant
shall not install any radio or television antenna, satellite dish, loudspeaker or other device on the roof or exterior walls of the Building without Landlord’s prior written consent, which consent may be withheld in Landlord’s sole
discretion, and which consent may in any event be conditioned upon Tenant’s execution of Landlord’s standard form of license agreement. Tenant shall be responsible for any interference cause by such installation. 

16. Tenant shall not mark, drive nails, screw or drill into the partitions, woodwork, plaster, or drywall (except for pictures, artwork, tackboards and
similar office uses) or in any way deface the Premises. Except as otherwise expressly provided in the Lease, Tenant shall not cut or bore holes for wires. Tenant shall not affix any floor covering to the floor of the Premises in any manner except as
approved by Landlord. Tenant shall repair any damage resulting from noncompliance with this rule. 
 17. Tenant shall not install, maintain or operate upon
the Premises any vending machine without Landlord’s prior written consent, except that Tenant may install food and drink vending machines solely for the convenience of its employees. 

18. No cooking shall be done or permitted by any tenant on the Premises, except that Underwriter’s Laboratory approved microwave ovens or equipment for
brewing coffee, tea, hot chocolate and similar beverages shall be permitted provided that such equipment and use is in accordance with all applicable Regulations. 

19. Tenant shall not use in any space or in the public halls of the Building any hand trucks except those equipped with the rubber tires and side guards or
such other material-handling equipment as Landlord may approve. Tenant shall not bring any other vehicles of any kind into the Building. 
 20. Tenant shall
not permit any motor vehicles to be washed or mechanical work or maintenance of motor vehicles to be performed in any parking lot. 
 21. Tenant shall not
use the name of the Building or any photograph or likeness of the Building in connection with or in promoting or advertising Tenant’s business, except that Tenant may include the Building name in Tenant’s address. Landlord shall have the
right, exercisable without notice and without liability to any tenant, to change the name and address of the Building, provided that Landlord shall use reasonable efforts to give Tenant at least sixty (60) days prior notice with respect to a
change in the Building’s street address that will prohibit Tenant from receiving mail at its current address. 
 22. Tenant requests for services must
be submitted to the Building office by an authorized individual. Employees of Landlord shall not perform any work or do anything outside of their regular duties unless under special instruction from Landlord, and no employee of Landlord will admit
any person (Tenant or otherwise) to any office without specific instructions from Landlord. 

  
 D-3 

 23. Tenant shall not permit smoking or carrying of lighted cigarettes or cigars other than in areas designated by
Landlord as smoking areas. 
 24. Canvassing, soliciting, distribution of handbills or any other written material in the Building is prohibited and each
tenant shall cooperate to prevent the same. No tenant shall solicit business from other tenants or permit the sale of any good or merchandise in the Building without the written consent of Landlord. 

25. Tenant shall reasonably comply with Landlord’s recycle policy for the Building, including, without limitation, Tenant shall sort and separate its
trash into separate recycling containers as required by law or which may be furnished by Landlord and located in the Premises. Tenant shall comply with all Regulations regarding the collection, sorting, separation, and recycling of garbage, waste
products, trash and other refuse at the Building. Landlord reserves the right to refuse to collect or accept from Tenant any trash that is not separated and sorted as required by law or pursuant to Landlord’s recycling policy, and to require
Tenant to arrange for such collection at Tenant’s cost, utilizing a contractor reasonably satisfactory to Landlord. 
 26. Tenant Acknowledges that the
Building, at Landlord’s option, may be operated in accordance with standards for the certification of environmentally sustainable, high performance buildings or aspects of their performance, including the U.S. EPA’s Energy Start® rating and, U.S. Green Building Council’s Leadership in Energy and Environmental Design program’s standards, as the same are amended or replaced from time to time and similar
“green building” standards (hereinafter collectively referred to as “Green Building Standards”). To support Landlord’s sustainability practices, Tenant is encouraged to use reasonable efforts to use proven energy, water
carbon reduction, and other sustainable measures, such as for example using energy efficient bulbs in task lighting, installing lighting controls, such as automatic sensors; turning off lights at the end of the work day; and utilizing water
filtration systems to avoid the use of bottled water. 
 27. Tenant shall not permit any animals (including birds and other fowl), reptiles, amphibians or
fish (including fish tanks), other than service animals, e.g. seeing-eye dogs, to be brought or kept in or about the Premises or any common area of the Building. 

28. These Rules and Regulations are in addition to, and shall not be construed to in any way modify or amend, in whole or in part, the terms, covenants,
agreements and conditions of any lease of any premises in the Building. Landlord may waive any one or more of these Rules and Regulations for the benefit of any particular tenant or tenants, but no such waiver by Landlord shall be construed as a
waiver of such Rules and Regulations in favor of any other tenant or tenants, nor prevent Landlord from thereafter enforcing any such Rules and Regulations against any or all of the tenants of the Building. 

29. Subject to the terms of the Lease, Landlord reserves the right to make such other and reasonable rules and regulations as in its judgment may from time to
time be needed for safety and security, for care and cleanliness of the Building, and for the preservation of good order in and about the Building. Tenant agrees to abide by all rules and regulations herein stated and any additional rules and
regulations which are adopted. Tenant shall be responsible for the observance of all of the foregoing rules by Tenant’s employees, agents, clients, customers, invitees and guests. 

  
 D-4 

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 D-5 

 EXHIBIT E – FORM OF EARLY POSSESSION AGREEMENT 

attached to and made a part of the Lease bearing the 

Lease Date of January 13, 2015 between 

RREEF AMERICA REIT II CORP. FFF., a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 

EARLY POSSESSION AGREEMENT 

Reference is made to that certain lease dated January 13, 2015, between RREEF AMERICA REIT II CORP. FFF., a Maryland
corporation (“Landlord”) and ELLIPSE TECHNOLOGIES, INC., a Delaware corporation (“Tenant”), for the premises located at 101 Enterprise, Aliso Viejo, California. 

It is hereby agreed that, notwithstanding anything to the contrary contained in the Lease but subject to the terms of Section 2.3 of the
Lease, Tenant may occupy the Premises on                     . The first Monthly Installment of Rent is due on
                    . 
 Landlord and
Tenant agree that all terms and conditions of the above referenced Lease are in full force and effect as of the date of Tenant’s possession of the Premises prior to the Commencement Date pursuant to Section 2.3 other than the payment of
rent. 
  

									
	LANDLORD:	 		 	TENANT:
			
	RREEF AMERICA REIT II CORP. FFF,	 		 	ELLIPSE TECHNOLOGIES, INC.,
	a Maryland corporation	 		 	a Delaware corporation
					
	By:	 	 DO NOT SIGN
	 		 	By:	 	 DO NOT SIGN

					
	Name:	 	  
	 		 	Name:	 	  

					
	Title:	 	Vice President	 		 	Title:	 	  

					
	Dated:	 	  
	 		 	Dated:	 	  

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 E-1 

 EXHIBIT F – FORM OF LETTER OF CREDIT 

attached to and made a part of the Lease bearing the 

Lease Date of January 13, 2015 between 

RREEF AMERICA REIT II CORP. FFF., a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 

IRREVOCABLE STANDBY LETTER OF CREDIT NO. SVBSF          

DATE:             , 2015 

BENEFICIARY: 
 RREEF AMERICA REIT II CORP. FFF  

C/O RREEF REAL ESTATE 
 535 ANTON BOULEVARD, SUITE 200 

COSTA MESA, CALIFORNIA 92626 
 ATTN: ASSET MANAGER 

WITH A COPY TO: 
 RREEF AMERICA REIT II CORP. FFF 

C/O TRANSWESTERN 
 SUMMIT OFFICE CAMPUS 

95 ENTERPRISE, SUITE 380 
 ALISO VIEJO, CALIFORNIA 92656

 ATTN: PROPERTY MANAGER 
 APPLICANT: 

ELLIPSE TECHNOLOGIES, INC.  
 13900 ALTON PARKWAY
SUITE 123 
 IRVINE, CA 92618 
 AMOUNT:
US$1,500,000.00 (ONE MILLION FIVE HUNDRED THOUSAND AND NO/100 US DOLLARS) 
 EXPIRATION DATE:
            , 2015 [ONE YEAR FROM LC ISSUANCE DATE] 
 LOCATION: SANTA
CLARA, CALIFORNIA 
 LADIES AND GENTLEMEN: 
 WE HEREBY
ESTABLISH OUR IRREVOCABLE STANDBY LETTER OF CREDIT NO. SVBSF          IN YOUR FAVOR. THIS LETTER OF CREDIT IS AVAILABLE BY SIGHT PAYMENT WITH OURSELVES ONLY AGAINST PRESENTATION AT THE BANK’S
OFFICE (AS DEFINED BELOW) OF THE FOLLOWING DOCUMENT: 
  

	 	1.	THE ORIGINAL OF THIS LETTER OF CREDIT AND ALL AMENDMENT(S), IF ANY. 

  
 F-1 

	 	2.	YOUR SIGHT DRAFT, IN WHOLE OR IN PART DRAWN ON US IN THE FORM ATTACHED HERETO AS EXHIBIT “A”. 

  

	 	3.	A DATED STATEMENT PURPORTEDLY SIGNED BY AN AUTHORIZED OFFICER OF THE BENEFICIARY, FOLLOWED BY HIS/HER PRINTED NAME AND DESIGNATED TITLE, STATING ANY OF THE FOLLOWING WITH INSTRUCTIONS IN BRACKETS THEREIN COMPILED WITH:

  

	 	(A.)	“THIS DRAW IN THE AMOUNT          [INSERT AMOUNT IN FIGURES AND WORDS] UNDER YOUR IRREVOCABLE STANDBY LETTER OF CREDIT
NO. SVBSF         REPRESENTS FUNDS DUE AND OWING TO US PURSUANT TO THAT CERTAIN LEASE DATED FOR REFERENCE             ,
20     [INSERT LEASE DATE], BETWEEN [INSERT NAME OF LANDLORD], AS LANDLORD AND [INSERT NAME OF TENANT] AS TENANT, AS AMENDED FROM TIME TO TIME.” 

OR 
  

	 	(B.)	“BENEFICIARY HAS RECEIVED A NOTICE FROM SILICON VALLEY BANK THAT ITS IRREVOCABLE LETTER OF CREDIT NUMBER SVBSF          WILL NOT BE EXTENDED AND APPLICANT HAS FAILED TO
PROVIDE AN ACCEPTABLE SUBSTITUTE IRREVOCABLE STANDBY LETTER OF CREDIT IN ACCORDANCE WITH THE TERMS OF THAT CERTAIN LEASE DATED [INSERT DATE] BY AND BETWEEN [INSERT NAME OF LANDLORD], AS LANDLORD, AND [INSERT NAME OF TENANT], (THE “LEASE”),
AS AMENDED OR MODIFIED FROM TIME TO TIME AND/OR ANY OTHER AGREEMENT BETWEEN SUCH PARTIES RELATED TO THE LEASE. 

 THE LEASE MENTIONED ABOVE IS
FOR IDENTIFICATION PURPOSES ONLY AND IS NOT INTENDED THAT SAID LEASE BE INCORPORATED HEREIN OR FORM PART OF THIS LETTER OF CREDIT. 
 PARTIAL AND MULTIPLE
DRAWINGS ARE ALLOWED. 
 THIS LETTER OF CREDIT MUST ACCOMPANY ANY DRAWINGS HEREUNDER FOR ENDORSEMENT OF THE DRAWING AMOUNT AND WILL BE RETURNED TO
BENEFICIARY UNLESS IT IS FULLY UTILIZED. 
 THIS LETTER OF CREDIT SHALL BE AUTOMATICALLY EXTENDED FOR AN ADDITIONAL PERIOD OF ONE YEAR, WITHOUT AMENDMENT,
FROM THE PRESENT OR EACH FUTURE EXPIRATION DATE UNLESS AT LEAST SIXTY (60) DAYS PRIOR TO THE THEN CURRENT EXPIRATION DATE WE SEND YOU A NOTICE BY 

  
 F-2 

 
OVERNIGHT COURIER SERVICE AT THE ABOVE ADDRESS (OR SUCH OTHER ADDRESS AS BENEFICIARY MAY FROM TIME TO TIME DESIGNATE IN A NOTICE DELIVERED TO SILICON VALLEY BANK AT THE BANK’S OFFICE AND
AMENDED BY US). WITH A COPY SENT IN THE SAME MANNER TO: RREEF PROPERTY MANAGEMENT, 875 NORTH MICHIGAN AVENUE, 41ST FLOOR, CHICAGO, ILLINOIS 60611-1901. ATTENTION: LETTER OF CREDIT CUSTODIAN, THAT THIS LETTER OF CREDIT WILL NOT BE EXTENDED BEYOND THE
THEN-CURRENT EXPIRATION DATE. BUT IN ANY EVENT THIS LETTER OF CREDIT WILL NOT BE EXTENDED BEYOND NOVEMBER 30, 2020 WHICH SHALL BE FINAL EXPIRATION DATE OF THIS LETTER OF CREDIT. 

THIS LETTER OF CREDIT IS TRANSFERABLE ONE OR MORE TIMES BY THE ISSUING BANK. 

AT THE REQUEST OF THE BENEFICIARY, BUT IN EACH INSTANCE TO A SINGLE BENEFICIARY AND ONLY IN ITS ENTIRETY UP TO THE THEN AVAILABLE AMOUNT IN FAVOR OF ANY
NOMINATED TRANSFEREE ASSUMING SUCH TRANSFER TO SUCH TRANSFEREE WOULD BE IN COMPLIANCE WITH THEN APPLICABLE LAW AND REGULATIONS, INCLUDING BUT NOT LIMITED TO THE REGULATIONS OF THE U.S. DEPARTMENT OF TREASURY AND U.S. DEPARTMENT OF COMMERCE. AT THE
TIME OF TRANSFER, THE ORIGINAL LETTER OF CREDIT AND ORIGINAL AMENDMENT(S), IF ANY, MUST BE SURRENDERED TO US TOGETHER WITH OUR LETTER OF TRANSFER DOCUMENTATION (IN THE FORM OF EXHIBIT “B” ATTACHED HERETO). APPLICANT SHALL PAY
OUR TRANSFER FEE OF  1⁄4 OF 1% OF THE TRANSFER AMOUNT (MINIMUM $250.00). ANY TRANSFER OF THIS LETTER OF CREDIT MAY NOT CHANGE THE PLACE OF EXPIRATION OF THE
LETTER OF CREDIT FROM OUR ABOVE-SPECIFIED OFFICE. EACH TRANSFER SHALL BE EVIDENCED BY OUR ENDORSEMENT ON THE REVERSE OF THE ORIGINAL LETTER OF CREDIT AND WE SHALL FORWARD THE ORIGINAL LETTER OF CREDIT TO THE TRANSFEREE. 

DRAFT(S) AND DOCUMENTS MUST INDICATE THE NUMBER OF THIS LETTER OF CREDIT. 

DOCUMENTS MAY BE DELIVERED TO US IN PERSON DURING REGULAR BUSINESS HOURS ON A BUSINESS DAY OR FORWARDED TO US BY OVERNIGHT DELIVERY SERVICE TO: SILICON VALLEY
BANK, 3003 TASMAN DRIVE, 2ND FLOOR, MAIL SORT HF210, SANTA CLARA, CALIFORNIA 95054, ATTENTION: GLOBAL FINANCIAL SERVICES – STANDBY LETTER OF CREDIT DEPARTMENT (THE “BANK’S OFFICE”). 

WE HEREBY ENGAGE WITH YOU THAT DRAFT(S) DRAWN AND/OR DOCUMENTS PRESENTED UNDER AND IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THIS LETTER OF CREDIT SHALL
BE DULY HONORED UPON PRESENTATION TO SILICON VALLEY BANK, IF PRESENTED ON OR BEFORE THE EXPIRATION DATE OF THIS LETTER OF CREDIT. 

  
 F-3 

 IF ANY INSTRUCTIONS ACCOMPANYING A DRAWING UNDER THIS LETTER OF CREDIT REQUEST THAT PAYMENT IS TO BE MADE BY
TRANSFER TO YOUR ACCOUNT WITH ANOTHER BANK, WE WILL ONLY EFFECT SUCH PAYMENT BY FED WIRE TO A U.S. REGULATED BANK, AND WE AND/OR SUCH OTHER BANK MAY RELY ON AN ACCOUNT NUMBER SPECIFIED IN SUCH INSTRUCTIONS EVEN IF THE NUMBER IDENTIFIES A PERSON OR
ENTITY DIFFERENT FROM THE INTENDED PAYEE. 
 EXCEPT SO FAR AS OTHERWISE EXPRESSLY STATED HEREIN, THIS LETTER OF CREDIT IS SUBJECT TO THE INTERNATIONAL
STANDBY PRACTICE ISP98, INTERNATIONAL CHAMBER OF COMMERCE, PUBLICATION NO. 590. 
  

					
	SILICON VALLEY BANK,	 		 	
			
	  
	 		 	  

	(FOR BANK USE ONLY)	 		 	(FOR BANK USE ONLY)

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 F-4 

 EXHIBIT “A” 

 

									
	DATE:	 	  
	 		  	REF. NO.	  	  

									
	  
 AT SIGHT OF THIS DRAFT

					
	PAY TO THE ORDER OF	 	  
	 		  	US$	  	  

									
		
	USDOLLARS	 	  

			
	  

 

									
	DRAWN UNDER SILICON VALLEY BANK, SANTA CLARA, CALIFORNIA, STANDBY LETTER OF CREDIT NUMBER NO. SVBSF        
DATED             , 20    .
	TO:  SILICON VALLEY BANK	 		  		  	
	 3003 TASMAN DRIVE
	 		  	  

	 SANTA CLARA, CA 95054
	 		  	(INSERT NAME OF BENEFICIARY)
			
		 		  	  

		 		 		  	Authorized Signature

 GUIDELINES TO PREPARE THE SIGHT DRAFT OR BILL OF EXCHANGE: 

 

	1.	DATE: INSERT ISSUANCE DATE OF DRAFT. 

  

	2.	REF. NO.: INSERT YOUR REFERENCE NUMBER, IF ANY. 

  

	3.	PAY TO THE ORDER OF: INSERT NAME OF THE BENEFICIARY AS INDICATED IN THE L/C (MAKE SURE BENEFICIARY ENDORSES IT ON THE REVERSE SIDE) 

  

	4.	US$: INSERT AMOUNT OF DRAWING IN NUMERALS. 

  

	5.	USDOLLARS: INSERT AMOUNT OF DRAWING IN WORDS. 

  

	6.	LETTER OF CREDIT NUMBER: INSERT SILICON VALLEY BANK’S STANDBY L/C NUMBER THAT PERTAINS TO THE DRAWING. 

  

	7.	DATED: INSERT THE ISSUANCE DATE OF THE STANDBY L/C. 

  

	8.	BENEFICIARY’S NAME: INSERT NAME OF BENEFICIARY AS INDICATED IN THE L/C. 

  

	9.	AUTHORIZED SIGNATURE: SIGNED BY AN AUTHORIZED SIGNER OF BENEFICIARY. 

 IF YOU NEED FURTHER ASSISTANCE IN
COMPLETING THIS DRAFT, PLEASE CALL OUR L/C PAYMENT SECTION AND ASK FOR: 408-654-6274 OR 408-654-7716 OR 408-654-7127 OR 408-654-3035. 

  
 F-5 

 EXHIBIT “B” 

DATE: 
  

									
	TO:	 	 SILICON VALLEY BANK
 3003 TASMAN
DRIVE
 SANTA CLARA, CA 95054
	 	RE:	 	IRREVOCABLE STANDBY LETTER OF CREDIT NO.                      ISSUED BY SILICON VALLEY BANK, SANTA CLARA L/C
AMOUNT:
		 	ATTN:	 	 INTERNATIONAL DIVISION,
 STANDBY LETTERS OF
CREDIT
	 		 

 GENTLEMEN: 
 FOR VALUE RECEIVED,
THE UNDERSIGNED BENEFICIARY HEREBY IRREVOCABLY TRANSFERS TO: 
 (NAME OF TRANSFEREE) 

(ADDRESS) 
 ALL RIGHTS OF THE UNDERSIGNED BENEFICIARY TO DRAW
UNDER THE ABOVE LETTER OF CREDIT UP TO ITS AVAILABLE AMOUNT AS SHOWN ABOVE AS OF THE DATE OF THIS TRANSFER. 
 BY THIS TRANSFER, ALL RIGHTS OF THE
UNDERSIGNED BENEFICIARY IN SUCH LETTER OF CREDIT ARE TRANSFERRED TO THE TRANSFEREE. TRANSFEREE SHALL HAVE THE SOLE RIGHTS AS BENEFICIARY THEREOF, INCLUDING SOLE RIGHTS RELATING TO ANY AMENDMENTS, WHETHER INCREASES OR EXTENSIONS OR OTHER AMENDMENTS,
AND WHETHER NOW EXISTING OR HEREAFTER MADE. ALL AMENDMENTS ARE TO BE ADVISED DIRECT TO THE TRANSFEREE WITHOUT NECESSITY OF ANY CONSENT OF OR NOTICE TO THE UNDERSIGNED BENEFICIARY. 

THE ORIGINAL OF SUCH LETTER OF CREDIT IS RETURNED HEREWITH, AND WE ASK YOU TO ENDORSE THE TRANSFER ON THE REVERSE THEREOF, AND FORWARD IT DIRECTLY TO THE
TRANSFEREE WITH YOUR CUSTOMARY NOTICE OF TRANSFER. 

  
 F-6 

 SINCERELY, 
  

 
 (BENEFICIARY’S NAME) 

 
  

(SIGNATURE OF BENEFICIARY) 
  

 
 (NAME AND TITLE)

 SIGNATURE AUTHENTICATED 

The name(s), title(s), and signature(s) conform to that/those on file with us for the company and the signature(s) is/are authorized to execute this
instrument. 
  
  

 
 (Name of Bank) 

 
  

(Address of Bank) 
  

 
 (City, State, ZIP Code) 

 
  

(Authorized Name and Title) 
  

 
 (Authorized Signature) 

 
  

(Telephone number) 

 

  
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 F-7 

 EXHIBIT G – LOCATION OF LIGHT ASSEMBLY AND FABRICATION AREA 

attached to and made a part of the Lease bearing the 

Lease Reference Date of January 15, 2015 between 

RREEF AMERICA REIT II CORP. FFF, a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 
  

 

  
 G-1 

 EXHIBIT H – LIST OF APPROVED MACHINERY 

attached to and made a part of the Lease bearing the 

Lease Reference Date of January 15, 2015 between 

RREEF AMERICA REIT II CORP. FFF, a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 
  

	1.	CNC Mill – HAAS VF2 (or equivalent) 

  

	2.	CNC Lathe – HAAS ST-20Y (or equivalent) 

  

	3.	Manual mill – Ajax DM45-NC (or equivalent) 

  

	4.	Manual lathe – Eisen CTL-618DT (or equivalent) 

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BLANK] 

  
 H-1 

 EXHIBIT I – HAZARDOUS MATERIALS QUESTIONNAIRE 

attached to and made a part of the Lease bearing the 

Lease Reference Date of January 15, 2015 between 

RREEF AMERICA REIT II CORP. FFF, a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 
  

	1.	Tenant agrees that Tenant and the Tenant Entities shall not handle, use, manufacture, store or dispose of any Hazardous Materials on, under, or about the Premises without Landlord’s prior written consent (which
consent shall not be unreasonably withheld as long as Tenant demonstrates and documents to Landlord’s reasonable satisfaction (i) that such Hazardous Materials (A) are necessary or useful to Tenant’s business; and (B) will
be used, kept, and stored in compliance with all laws relating to any Hazardous Materials so brought or used or kept in or about the Premises; and (ii) that Tenant will give all required notices concerning the presence in or on the Premises or
the release of such Hazardous Materials from the Premises). 

  

	2.	Tenant further agrees that Tenant will not permit any substance suspected of causing cancer or reproductive toxicity to come into contact with groundwater under the Premises. Any such substance coming into contact with
groundwater shall be considered a Hazardous Material for purposes of this Exhibit I. 

  

	3.	(i) Notwithstanding the provisions of paragraph (1), Tenant may handle, store, and use Hazardous Materials, limited to the types, amounts, and use identified in the Hazardous Materials Exhibit attached hereto. If
no Hazardous Materials Exhibit is attached to this Lease, then this Paragraph (3) shall be of no force and effect. Tenant hereby certifies to Landlord that the information provided by Tenant pursuant to this Paragraph is true, correct, and
complete. Tenant covenants to comply with the use restrictions shown on the attached Hazardous Materials Exhibit. Tenant’s business and operations, and more especially its handling, storage, use and disposal of Hazardous Materials shall at all
times comply with all applicable laws pertaining to Hazardous Materials. Tenant shall secure and abide by all permits necessary for Tenant’s operations on the Premises. Tenant shall give or post all notices required by all applicable laws
pertaining to Hazardous Materials. If Tenant shall at any time fail to comply with this Paragraph, Tenant shall immediately notify Landlord in writing of such noncompliance. 

(ii) Tenant shall provide Landlord with copies of any Material Safety Data Sheets (as required by the Occupational Safety and Health Act)
relating to any Hazardous Materials to be used, kept, or stored at or on the Premises, at least 30 days prior to the first use, placement, or storage of such Hazardous Material on the Premises. Landlord shall have 10 days following
delivery of such Material Safety Data Sheets to approve or forbid, in its sole discretion subject to the limitation contained in Paragraph (1) above, such use, placement, or storage of a Hazardous Material on the Premises. 

(iii) Tenant shall not store hazardous wastes on the Premises for more than 90 days; “hazardous waste” has the meaning given it
by the Resource Conservation and Recovery Act of 1976, as amended. Tenant shall not install any underground or above ground storage tanks on the Premises. Tenant shall not dispose of any Hazardous Material or

  
 I-1 

 
solid waste on the Premises. In performing any alterations of the Premises permitted by the Lease, Tenant shall not install any Hazardous Material in the Premises without the specific consent of
Landlord attached as an exhibit to this Exhibit I. 
 (iv) Any increase in the premiums for necessary insurance on the
property of which the Premises are a part (the “Property”) which arises from Tenant’s use and/or storage of Hazardous Materials shall be solely at Tenant’s expense. Tenant shall procure and maintain at its sole expense such
additional insurance as may be necessary to comply with any requirement of any federal, state or local governmental agency with jurisdiction. 
  

	4.	If Landlord, in its sole discretions, believes that the Premises or the environment has become contaminated with Hazardous Materials that must be removed under the laws of the state where the Premises are located, in
breach of the provisions of this Lease, Landlord, in addition to its other rights under this Lease, may enter upon the Premises and obtain samples from the Premises, including without limitation the soil and groundwater under the Premises, for the
purposes of analyzing the same to determine whether and to what extent the Premises or the environment has become so contaminated. Tenant shall reimburse Landlord for the costs of inspection, sampling and analysis that discloses contamination for
which Tenant is liable under the terms of this Exhibit I. Tenant may not perform any sampling, testing, or drilling to locate any Hazardous Materials on the Premises without Landlord’s prior written consent. 

 

	5.	 Without limiting the above, Tenant shall reimburse, defend, indemnify and hold Landlord and the Landlord Entities harmless from and against any and
all claims, losses, liabilities, damages, costs and expenses, including without limitation, loss of rental income, loss due to business interruption, and attorneys’ fees and costs, arising out of or in any way connected with the use,
manufacture, storage, or disposal of Hazardous Materials by Tenant or any Tenant Entities on, under or about the Premises including, without limitation, the costs of any required or necessary investigation, repair, cleanup or detoxification and the
preparation of any closure or other required plans in connection herewith, whether voluntary or compelled by governmental authority. The indemnity obligations of Tenant under this clause shall survive any termination of the Lease. At Landlord’s
option, Tenant shall perform any required or necessary investigation, repair, cleanup, or detoxification of the Premises. In such case, Landlord shall have the right, in its sole discretion, to approve all plans, consultants, and cleanup standards.
Tenant shall provide Landlord on a timely basis with (i) copies of all documents, reports, and communications with governmental authorities; and (ii) notice and an opportunity to attend all meetings with regulatory authorities. Tenant
shall comply with all notice requirements and Landlord and Tenant agree to cooperate with governmental authorities seeking access to the Premises for purposes of sampling or inspection. No disturbance of Tenant’s use of the Premises resulting
from activities conducted pursuant to this paragraph shall constitute an actual or constructive eviction of Tenant from the Premises. In the event that such cleanup extends beyond the termination of the Lease, Tenant’s obligation to pay rent
(including additional rent) shall continue until such cleanup is completed and any certificate of clearance or similar document has been delivered to Landlord. Rent during such holdover period shall be at market rent; if the parties are unable to
agree upon the amount of such market rent, then Landlord shall have the option 

  
 I-2 

	 	
of (a) increasing the rent for the period of such holdover based upon the increase in the cost-of-living from the third month preceding the commencement date to the third month preceding the
start of the holdover period, using such indices and assumptions and calculations as Landlord in its sole reasonable judgment shall determine are necessary; or (b) having Landlord and Tenant each appoint a qualified MAI appraiser doing business
in the area; in turn, these two independent MAI appraisers shall appoint a third MAI appraiser and the majority shall decide upon the fair market rental for Premises as of the expiration of the then current term. Landlord and Tenant shall equally
share in the expense of this appraisal except that in the event the rent is found to be within fifteen percent of the original rate quoted by Landlord, then Tenant shall bear the full cost of all the appraisal process. In no event shall the rent be
subject to determination or modification by any person, entity, court, or authority other than as set forth expressly herein, and in no event shall the rent for any holdover period be less than the rent due in the preceding period.

  

	6.	Notwithstanding anything set forth in this Lease, Tenant shall only be responsible for contamination of Hazardous Materials or any cleanup resulting directly therefrom, and resulting directly from matters occurring or
Hazardous Materials deposited (other than by Landlord or contractors, agents or representatives controlled by Landlord) during the Lease term, and any other period of time during which Tenant is in actual or constructive occupancy of the Premises.
Tenant shall take reasonable precautions to prevent the contamination of the Premises with Hazardous Materials by third parties. 

  

	7.	It shall not be unreasonable for Landlord to withhold its consent to any proposed assignment or sublease if (i) the proposed assignee’s or sublessee’s anticipated use of the Premises involves the
generation, storage, use, treatment or disposal of Hazardous Materials; (ii) the proposed assignee or sublessee has been required by any prior landlord, lender, or governmental authority to take remedial action in connection with Hazardous
Materials contaminating a property if the contamination resulted from such assignee’s or sublessee’s actions or use of the property in question; or (iii) the proposed assignee or sublessee is subject to an enforcement order issued by
any governmental authority in connection with the use, disposal, or storage of a Hazardous Material. 

  

	8.	Any of Tenant’s insurance insuring against claims of the type dealt with in this Exhibit I shall be considered primary coverage for claims against the Premises or the Property arising out of or under
this Paragraph. 

  

	9.	In the event of (i) any transfer of Tenant’s interest under this Lease; or (ii) the termination of this Lease, by lapse of time or otherwise, Tenant shall be solely responsible for compliance with any and
all then effective federal, state or local laws concerning (i) the physical condition of the Premises, Building, or Property; or (ii) the presence of toxic or Hazardous Materials in or on the Premises, Building, or Property, including but
not limited to any reporting or filing requirements imposed by such laws. Tenant’s duty to pay rent and additional rent shall continue until the Landlord hereby permits Tenant to
[                    ]. 

  
 I-3 

 LIST OF HAZARDOUS MATERIALS 

(Permitted Chemicals) 
 Landlord hereby permits
Tenant to use, handle and store the chemicals listed below, in the quantities indicated, per the Hazardous Materials language contained in the Lease and Exhibit I. 

 

					
	 Chemical
	  	 Approximate Annual Quantity*
	 	 
	Acetone	  	50 gal	 	
	Cool Tool II	  	5 gal	 	
	Isopropyl Alcohol 70%	  	200 gal	 	
	Krytox	  	90 fl oz	 	
	Mobil Vactra Oil No.2	  	2 gal	 	
	Tap Magic Pro Cutting Fluid	  	5 gal	 	
	Tap Magic Xtra-Thick Formula	  	5 gal	 	
	3M Scotch-Weld Epoxy Adhesive DP-460	  	40 fl oz	 	
	MED-340 Simethicone USP	  	32 fl oz	 	
	Loctite 220 Threadlocker	  	3 fl oz	 	
	Loctite 609 Retaining Compound	  	1.5 fl oz	 	
	Loctite 263 Threadlocker	  	1.5 fl oz	 	
	Flexiclean	  	5 gal	 	
	Hysol MB 50	  	5 gal	 	
	Henkel M-21 HP Epoxy	  	80 fl oz	 	

  

	*	Quantities based upon % of revenue 

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 I-4 

 EXHIBIT J – SUITE 100 REQUIRED RESTORATION CONFIGURATION 

attached to and made a part of the Lease bearing the 

Lease Reference Date of January 15, 2015 between 

RREEF AMERICA REIT II CORP. FFF, a Maryland corporation, as Landlord and 

ELLIPSE TECHNOLOGIES, INC., a Delaware corporation, as Tenant 
  

 

  
 J-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00250-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00250-of-00352.parquet"}]]