Document:

EX-4.1

 CERTAIN INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN
EXCLUDED BECAUSE IT (I) IS NOT MATERIAL AND (II) THE REGISTRANT CUSTOMARILY AND ACTUALLY TREATS THAT INFORMATION AS PRIVATE OR CONFIDENTIAL. 

Exhibit 4.1 
 Execution
Version 
 Confidential & Privileged 

WARRANT TO PURCHASE COMMON STOCK 

THE SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND
MAY NOT BE TRANSFERRED, SOLD, OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT OR SUCH LAWS. 

THIS INSTRUMENT IS ISSUED PURSUANT TO AND SUBJECT TO THE RESTRICTIONS ON TRANSFER AND OTHER PROVISIONS OF A TRANSACTION AGREEMENT, DATED AS OF
OCTOBER 20, 2022, BY AND BETWEEN THE ISSUER OF THESE SECURITIES AND AMAZON.COM, INC., A DELAWARE CORPORATION, A COPY OF WHICH IS ON FILE WITH THE ISSUER. THE SECURITIES REPRESENTED BY THIS INSTRUMENT MAY NOT BE SOLD OR OTHERWISE TRANSFERRED
EXCEPT IN COMPLIANCE WITH SAID AGREEMENT. ANY SALE OR OTHER TRANSFER NOT IN COMPLIANCE WITH SAID AGREEMENT WILL BE VOID. 
 WARRANT

 to purchase 

9,442,443 
 Shares of
Common Stock of 
 Hawaiian Holdings, Inc. 

a Delaware Corporation 

Issue Date: October 20, 2022 

1. Definitions. Unless the context otherwise requires, when used herein, the following terms shall have the meanings indicated. 

“30-Day VWAP” means, as of any date, the volume weighted average price per share of
the Common Stock, or any successor security thereto (rounded to the nearest second decimal place) on the Principal Trading Market (as reported by Bloomberg L.P. (or its successor) or if not available, by Dow Jones & Company Inc., or if
neither is available, by another authoritative source mutually agreed by the Company and the Warrantholder) from and including the Trading Day that is 30 Trading Days preceding such date to and including the last Trading Day immediately preceding
such date. 
 “Acquisition Transaction” has the meaning ascribed to it in the Transaction Agreement. 

“Acquisition Transaction Multiplier” means an amount equal to (a) if Amazon and/or any of its Affiliates have
collectively made Qualified Payments equal to or less than $350,000,000, then 0.25, (b) if Amazon and/or any of its Affiliates have collectively made Qualified Payments exceeding $350,000,000 but not greater than $650,000,000, then 0.5, (c) if
Amazon and/or any of its Affiliates have collectively made Qualified Payments exceeding $650,000,000 but not greater than $950,000,000, then 0.75, or (d) if Amazon and/or any of its Affiliates have

 
collectively made Qualified Payments exceeding $950,000,000, then 1.0. Notwithstanding the above, if Amazon and/or any of its Affiliates has terminated the Commercial Agreement other than
pursuant to Section 4.6 of the Commercial Agreement, then the Acquisition Transaction Multiplier shall be deemed to be 0. 

“Affiliate” has the meaning ascribed to it in the Transaction Agreement. 

“Aggregate Consideration” means, in respect of an issuance of shares of Common Stock (or Convertible Securities) as set forth
in Section 11(ii), an amount equal to the sum of the gross offering price (before deduction of any related expenses payable to third parties, including discounts and commissions) of all such shares of Common Stock and
Convertible Securities, plus the aggregate amount, if any, payable upon conversion of any such Convertible Securities (assuming conversion in accordance with their terms immediately following their issuance (and further assuming for this purpose
that such Convertible Securities are convertible at such time)). 
 “Amazon” means Amazon.com, Inc., a Delaware
corporation. 
 “Antitrust Laws” has the meaning ascribed to it in the Transaction Agreement. 

“Applicable Law” has the meaning ascribed to it in the Transaction Agreement. 

“Appraisal Procedure” means a procedure in accordance with the American Institute of Certified Public Accounts, Inc.
(“AICPA”) “VS Section 100 - Valuation of a Business, Business Ownership Interest, Security or Intangible Asset” and such other associated AICPA guidance as is reasonable and applicable whereby two independent
appraisers, each employed by firms nationally recognized for valuation expertise and each reasonably experienced in appraising the market value of securities of size in value and characteristics of the Warrant (each a “Qualified
Appraiser”), one chosen by the Company and one by the Warrantholder, shall mutually agree upon the determinations then the subject of appraisal. Each party shall deliver a notice to the other appointing its Qualified Appraiser within 15
days after the date that the Appraisal Procedure is invoked. If within 30 days after receipt by each party of the notices appointing the two Qualified Appraisers, such appraisers are unable to agree upon the amount in question, a third Qualified
Appraiser shall be chosen within ten days after the end of such 30-day period by: (i) the mutual consent of such first two Qualified Appraisers; or (ii) if such two first Qualified Appraisers fail to
agree upon the appointment of a third appraiser, such appointment shall be made by the American Arbitration Association, or any organization successor thereto, from a panel of Qualified Appraisers on the application of either of the first two
Qualified Appraisers. If any Qualified Appraiser initially appointed shall, for any reason, be unable to serve, a successor Qualified Appraiser shall be appointed in accordance with the procedures pursuant to which the predecessor Qualified
Appraiser was appointed. In the event a third Qualified Appraiser is appointed, the decision of such third Qualified Appraiser shall be given within 30 days after such Qualified Appraiser’s selection. If three Qualified Appraisers are appointed
and the determination of one appraiser is disparate from the middle determination by more than twice the amount by which the other determination is disparate from the middle determination, then (a) the determination of such appraiser shall be
excluded, (b) the remaining two determinations shall be averaged, and (c) such average shall be binding and conclusive upon the Company and the Warrantholder; otherwise, the average of all three determinations shall be binding and
conclusive 

  
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upon the Company and the Warrantholder. The costs of conducting any Appraisal Procedure shall be borne 50% by the Company and 50% by the Warrantholder. The Qualified Appraisers shall act as
experts and not arbitrators. 
 “Attribution Parties” has the meaning set forth in Section 12(i).

 “Beneficial Ownership Limitation” has the meaning set forth in Section 12(ii). 

“Board” has the meaning ascribed to it in the Transaction Agreement. 

“Business Combination” means a merger, consolidation, statutory share exchange, reorganization, recapitalization, or similar
extraordinary transaction (which may include a reclassification of the Common Stock in which the Common Stock becomes a subordinate security to a new Equity Security of the Company created in connection with such reclassification) involving the
Company. 
 “Business Day” has the meaning ascribed to it in the Transaction Agreement. 

“Cash Exercise” has the meaning set forth in Section 3(ii). 

“Cashless Exercise” has the meaning set forth in Section 3(ii). 

“Cashless Exercise Ratio” with respect to any exercise of this Warrant means a fraction (i) the numerator of which is
the excess of (x) the 30-Day VWAP as of the exercise date over (y) the Exercise Price, and (ii) the denominator of which is the 30-Day VWAP as of the
exercise date. 
 “Chosen Courts” has the meaning set forth in Section 13. 

“Commercial Agreement” means that certain Air Transportation Services Agreement, dated as of even date herewith, between
Hawaiian Airlines, Inc. and Amazon.com Services LLC as it may be amended from time to time. 
 “Commission” has the meaning
ascribed to it in the Transaction Agreement. 
 “Common Stock” means the Common Stock, $0.0001 par value per share, of the
Company. 
 “Company” means Hawaiian Holdings, Inc., a Delaware corporation. 

“Confidentiality Agreement” has the meaning ascribed to it in the Transaction Agreement. 

“conversion” has the meaning ascribed to it in the Transaction Agreement. 

“Convertible Securities” has the meaning set forth in Section 11(ii). 

“Designated Company Office” has the meaning set forth in Section 3(ii). 

  
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 “Distribution” has the meaning set forth in
Section 11(iii). 
 “DOT” has the meaning ascribed to it in the Transaction Agreement. 

“DTC” has the meaning ascribed to it in the Transaction Agreement. 

“DWAC” has the meaning ascribed to it in the Transaction Agreement. 

“Equity Award Amount” means the aggregate value of all Equity Awards issued during a calendar year calculated on an in
individual Equity Award basis by multiplying (i) the number of of shares of Common Stock subject to issuance pursuant to such Equity Award by (ii) the 30-Day VWAP as of the grant date of such Equity
Award. 
 “Equity Award Cap” means the following for each calendar year: (i) with respect to the calendar year ended
December 31, 2023, $17,000,000, (ii) with respect to the calendar year ended December 31, 2024, $17,850,000, (iii) with respect to the calendar year ended December 31, 2025, $18,742,500, (iv) with respect to the calendar year ended
December 31, 2026, $19,679,625, (v) with respect to the calendar year ended December 31, 2027, $20,663,606, and (vi) with respect to the calendar year ended December 31, 2028, $21,696,787, and (vii) with respect to the
calendar year ended December 31, 2029, $22,781,626. 
 “Equity Awards” means options, restricted stock awards,
restricted stock units or other similar equity awards to directors, advisors, employees, or consultants of the Company or any of its subsidiaries pursuant to a stock option plan, employee stock purchase plan, restricted stock plan, other employee
benefit plan, or other similar compensatory agreement or arrangement. 
 “Equity Securities” has the meaning ascribed to it
in the Transaction Agreement. 
 “Excess Equity Award Amount” has the meaning set forth in
Section 11(xiv). 
 “Exchange Act” has the meaning ascribed to it in the Transaction Agreement.

 “Exercise Conditions” has the meaning set forth in Section 3(iii). 

“Exercise Period” has the meaning set forth in Section 3(ii). 

“Exercise Price” means (i) with respect to first 6,294,962 Warrant Shares vested pursuant to this Warrant, $14.71 (the
“First Tranche”) and (ii) with respect to the remaining Warrant Shares vested pursuant to this Warrant (the “Second Tranche”), the 30-Day VWAP as of the Second Tranche
Exercise Price Date (the “Second Tranche Exercise Price”). 
 “Expiration Time” has the meaning set forth
in Section 3(ii). 
 “Fair Market Value” means, with respect to any security or other property,
the fair market value of such security or other property as determined by the Board, acting reasonably, in good faith and evidenced by a written notice delivered promptly to the Warrantholder (which written notice shall include certified resolutions
of the Board in respect thereof). If the Warrantholder objects in writing to the Board of Directors’ calculation of fair market value within ten Business 

  
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 Days after receipt of written notice thereof, and the Warrantholder and the Company are
unable to agree on the fair market value during the ten-day period following the delivery of the Warrantholder’s objection, the Appraisal Procedure may be invoked by either the Company or the
Warrantholder to determine the fair market value of such security or other property by delivering written notification thereof not later than the 30th day after delivery of the Warrantholder objection. For the avoidance of doubt, the Fair Market
Value of cash shall be the amount of such cash. 
 “First Tranche” has the meaning ascribed to it in the definition of
Exercise Price. 
 “Fully Diluted Basis” has the meaning ascribed to it in the Transaction Agreement. 

“Group” has the meaning ascribed to it in the Transaction Agreement. 

“Initial Antitrust Clearance” has the meaning ascribed to it in the Transaction Agreement. 

“Initial Number” has the meaning set forth in Section 11(ii). 

“Market Price” means, with respect to the Common Stock or any other security, on any given day, the last sale price, regular
way, or, in case no such sale takes place on such day, the average of the closing bid and asked prices, regular way, of Common Stock or of such security, as applicable, on the Principal Trading Market on such day. If the Common Stock or such
security, as applicable, is not listed on the Principal Trading Market as of any date of determination, the Market Price of the Common Stock or such security, as applicable, on such date of determination means the closing sale price on such date as
reported in the composite transactions for the principal U.S. national or regional securities exchange on which the Common Stock or such security, as applicable, is so listed or quoted or, if no closing sale price is reported, the last reported sale
price on such date on the principal U.S. national or regional securities exchange on which the Common Stock or such security, as applicable, is so listed or quoted, or if the Common Stock or such security, as applicable, is not so listed or quoted
on a U.S. national or regional securities exchange, the last quoted bid price on such date for the Common Stock or such security, as applicable, in the over-the-counter
market as reported by Pink Sheets LLC or a similar organization, or if that bid price is not available, the Market Price of the Common Stock or such security, as applicable, on that date shall mean the Fair Market Value per share as of such date of
the Common Stock or such security. For the purposes of determining the Market Price of the Common Stock or any such security, as applicable, on the Trading Day preceding, on or following the occurrence of an event, (a) that Trading Day shall be
deemed to commence immediately after the regular scheduled closing time of trading on the applicable exchange, market or organization, or if trading is closed at an earlier time, such earlier time and (b) that Trading Day shall end at the next
regular scheduled closing time, or if trading is closed at an earlier time, such earlier time (for the avoidance of doubt, and as an example, if the Market Price is to be determined as of the last Trading Day preceding a specified event and the
closing time of trading on a particular day is 4:00 p.m. and the specified event occurs at 5:00 p.m. on that day, the Market Price would be determined by reference to such 4:00 p.m. closing price). 

  
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 “Notice of Exercise” means a duly completed notice of exercise in
substantially the form attached as Annex B hereto and executed on behalf of the Warrantholder. 
 “Permitted
Transactions” means (a) issuances of shares of Common Stock (including upon exercise of options, granting of restricted stock awards, or settlement of restricted stock units) to directors, advisors, employees, or consultants of the
Company or any of its subsidiaries pursuant to a stock option plan, employee stock purchase plan, restricted stock plan, other employee benefit plan, or other similar compensatory agreement or arrangement approved by the Board or the governing body
of the applicable subsidiary, (b) issuances of shares of Common Stock issuable upon exercise of this Warrant, (c) issuances of shares of Common Stock in a financing for capital raising purposes at or above the Market Price of the Common
Stock as of the last Business Day prior to the earliest of (i) the pricing of the transaction, or (ii) the public announcement of a proposed financing (or in the case of an underwritten public offering, at or above 95% of the Market Price
of the Common Stock as of the Business Day prior to the public announcement of the launch of such offering). 
 “Person”
has the meaning given to it in Section 3(a)(9) of the Exchange Act and as used in Sections 13(d)(3) and 14(d)(2) of the Exchange Act. 

“Pricing Date” has the meaning set forth in Section 11(ii). 

“Principal Trading Market” means the trading market on which the Common Stock, or any successor security thereto, is
primarily listed on and quoted for trading, and which, as of the Issue Date, is The Nasdaq Stock Market LLC. 
 “Qualified
Appraiser” has the meaning set forth in the definition of “Appraisal Procedure.” 
 “Qualified
Payments” means aggregate gross payments to the Company or any of its subsidiaries under the Commercial Agreement (as amended, modified, or supplemented from time to time in accordance with its terms) or any other payments with respect to
air cargo or air charters (but for the sake of clarity, excluding commercial passenger service), in each case, excluding Reimbursable Expenses and Start-Up Costs. 

“Reimbursable Expenses” has the meaning ascribed to it in the Commercial Agreement. 

“Requisite Shareholder Approval” has the meaning ascribed to it in the Transaction Agreement. 

“Second Tranche” has the meaning ascribed to it in the definition of Exercise Price. 

“Second Tranche Adjustment Date” has the meaning set forth in Section 11. 

“Second Tranche Exercise Price” has the meaning ascribed to it in the definition of Exercise Price. 

“Second Tranche Exercise Price Date” means the earlier of (a) October 20, 2025 or (b) the date that First
Tranche Warrant Shares are vested hereunder. 

  
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 “Securities Act” has the meaning ascribed to it in the Transaction
Agreement. 
 “Share Delivery Date” has the meaning set forth in Section 4(i). 

“Start-Up Costs” has the meaning ascribed to it in the Commercial Agreement. 

“Subject Adjustment” has the meaning set forth in Section 11(vi). 

“Subject Record Date” has the meaning set forth in Section 11(vi). 

“subsidiary” has the meaning ascribed to it in the Transaction Agreement. 

“Top-Up Initial Number” has the meaning set forth in
Section 11(xiv). 
 “Trading Day” means a day on which the Principal Trading Market is open for
trading. 
 “Transaction Agreement” means the Transaction Agreement, dated as of the date hereof, as it may be amended from
time to time, by and between the Company and Amazon, including all annexes, schedules, and exhibits thereto. 
 “Transaction
Documents” has the meaning ascribed to it in the Transaction Agreement. 
 “Vesting Event” means (a) with
respect to 1,258,992 Warrant Shares, the execution of the Warrant, and (b) with respect to increments of [***] Warrant Shares, each time at which Amazon and/or any of its Affiliates have collectively made Qualified Payments totaling $[***],
until such time as Amazon and/or any of its Affiliates have collectively made Qualified Payments totaling $1,800,000,000 in the aggregate. For the avoidance of doubt, (i) Vesting Events shall stop occurring once the number of Warrant Shares
specified under Section 2 have vested pursuant to Vesting Events, (ii) if a given Vesting Event would cause the number of shares vested to exceed the number of Warrant Shares specified under Section 2, then
only the number of shares up to and including the total number of Warrant Shares specified under Section 2 (subject to applicable adjustment or supplementation under this Agreement) shall vest during the final such Vesting Event,
(iii) the number of Warrant Shares that will vest pursuant to a Vesting Event are subject to adjustments as provided herein, (iv) the Warrant Shares that will vest first shall consist of such shares that are not subject to the approvals
required pursuant to the applicable Nasdaq Listing Rules, and (v) upon receipt of any approval required pursuant to the applicable Nasdaq Listing Rules, the amount of Warrant Shares vested hereunder shall be adjusted, if applicable, to reflect
the same amount of Warrant Shares that would have been vested had such approval not been required. 
 “Warrant” means this
Warrant, issued pursuant to the Transaction Agreement. 
 “Warrant Shares” has the meaning set forth in
Section 2. 
 “Warrant Shares Cap” has the meaning set forth in
Section 11(xiii). 

  
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 “Warrantholder” means, in relation to the Warrant, the Person who is the
holder of such Warrant. The Warrantholder shall initially be Amazon.com NV Investment Holdings LLC, a Nevada limited liability company. 

2. Number of Warrant Shares; Exercise Price. This certifies that, for value received, the Warrantholder or its permitted assigns or
transferees is entitled, upon the terms hereinafter set forth, to acquire from the Company, in whole or in part, up to a maximum of 9,442,443 fully paid and nonassessable shares of Common Stock (the “Warrant Shares”), at a purchase
price per share of Common Stock equal to the Exercise Price. The Warrant Shares and Exercise Price are subject to adjustment and/or may be supplemented by or converted into other Equity Securities as provided herein, and all references to
“Common Stock,” “Warrant Shares,” and “Exercise Price” herein shall be deemed to include any such adjustment, supplement, and/or conversion or series of adjustments, supplements, or conversions. 

3. Exercise of Warrant; Term; Other Agreements; Book Entry; Cancelation; Mandatory Exercise Upon Change of Control. 

(i) Promptly following the end of each calendar quarter during which a Vesting Event has occurred (or promptly after a written request by
Amazon for a Notice of Vesting Event as of a certain day), the Company shall deliver to the Warrantholder a Notice of Vesting Event in the form attached as Annex A hereto; provided that neither the delivery, nor the failure of the
Company to deliver, such Notice of Vesting Event shall affect or impair the Warrantholder’s rights or the Company’s obligations hereunder. 

(ii) Subject to (A) Section 2, Section 11(iv), Section 11(xiii), and
Section 12, (B) DOT notification and approval as set forth in Section 3.1(g) of the Transaction Agreement, and (C) compliance with the Antitrust Laws (including with respect to any Warrant Shares issuable from
exercise of this Warrant upon an additional Vesting Event or otherwise), as may be applicable, the right to purchase Warrant Shares represented by this Warrant is exercisable, in whole or in part by the Warrantholder, at any time or from time to
time, from and after the applicable Vesting Event, but in no event later than 5:00 p.m., Seattle time, on October 20, 2031 (subject to extension pursuant to Section 3(iii), such time as extended, if applicable, the
“Expiration Time” and such period from and after the applicable Vesting Event through the Expiration Time, the “Exercise Period”), by (a) the surrender of this Warrant and the delivery of the Notice of
Exercise, to the Company in accordance with Section 16 (or such other office or agency of the Company in the United States as it may designate by notice to the Warrantholder in accordance with
Section 16 (the “Designated Company Office”)) and (b) payment of the Exercise Price for the Warrant Shares thereby purchased by, at the sole election of the Warrantholder, either: (i) tendering in
cash, by certified or cashier’s check payable to the order of the Company, or by wire transfer of immediately available funds to an account designated by the Company (such manner of exercise, a “Cash Exercise”) or
(ii) without payment of cash, by reducing the number of Warrant Shares obtainable upon the exercise of this Warrant (either in full or in part, as applicable) and payment of the Exercise Price in cash so as to yield a number of Warrant Shares
obtainable upon the exercise of this Warrant (either in full or in two or more parts, as applicable) equal to the product of (x) the number of Warrant Shares issuable upon the exercise of this Warrant (either in full or in two or more parts, as
applicable) (if payment of the Exercise Price were being made in cash) and (y) the Cashless Exercise Ratio (such manner of 

  
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exercise, a “Cashless Exercise”); provided that such product shall be rounded to the nearest whole Warrant Share. Notwithstanding any other provision hereof, if an
exercise of any portion of this Warrant is to be made in connection with a public offering or an Acquisition Transaction, such exercise may at the election of the Warrantholder be conditioned upon the consummation of such transaction, in which case
such exercise shall not be deemed to be effective until immediately prior to the consummation of such transaction. 
 (iii) Notwithstanding
the foregoing, if at any time during the Exercise Period the Warrantholder has not exercised this Warrant in full as a result of (a) there being insufficient Warrant Shares available for issuance, (b) the lack of any required regulatory,
corporate or other approval (including, for the avoidance of doubt, any approval required under the Antitrust Laws (including the Initial Antitrust Clearance), if so applicable, but, excluding, the Requisite Shareholder Approval, if applicable), or
(c) the Company has not been current with its Exchange Act public reporting requirements at any time in the past 30 days (collectively, the “Exercise Conditions”), the Expiration Time shall be extended with respect to the
vested Warrant Shares that the Warrantholder is unable to acquire without violating any Exercise Conditions, until 60 days after such date as the Warrantholder is able to acquire such Warrant Shares. 

(iv) If the Warrantholder does not exercise this Warrant in its entirety, the Warrantholder shall be entitled to receive from the Company,
upon request and surrender of this Warrant, duly endorsed, to the Designated Company Office, a new warrant of like tenor in substantially identical form for the purchase of that number of Warrant Shares equal to the difference between the number of
Warrant Shares and the number of Warrant Shares as to which this Warrant is so exercised. 
 (v) The Company shall either (a) maintain
itself or (b) cause its transfer agent to maintain, in each case, books for the original issuance and the transfer and exercise of the Warrant issuable in connection therewith, in each case in accordance with the terms hereof in book-entry
form. If the Company maintains books for the Warrant, then (I) the Company agrees that it will accept instructions from the Warrantholder for the transfer and exercise of the Warrants, to the extent permitted in accordance with the terms of the
Warrant and the Transaction Agreement and (II) the Company shall not require the delivery of the original Warrant or any copy thereof, in each case in certificated form, in connection with the transfer or exercise thereof. The Company shall be
responsible for all fees and expenses with respect to maintaining the Warrant in book-entry form. 
 (vi) This Warrant, including with
respect to its cancelation, is subject to the terms and conditions of the Transaction Agreement. Without affecting in any manner any prior exercise of this Warrant (or any Warrant Shares previously issued hereunder), if (a) the Transaction
Agreement is terminated in accordance with Section 8.1 thereof or (b) the Warrantholder delivers to the Company a written, irrevocable commitment not to exercise this Warrant, then the Company shall have no obligation
to issue, and the Warrantholder shall have no right to acquire, the unvested portion of any Warrant Shares under this Warrant. 
 (vii)
Notwithstanding anything to the contrary contained herein, in the event of the consummation prior to the Expiration Time of (A) an Acquisition Transaction where the consideration in such transaction is not solely stock consideration (excluding
any cash paid for 

  
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fractional shares or dissenters shares) or (B) an Acquisition Transaction where the Company by written notice to the Warrantholder vests the remaining unvested Warrant Shares, the Company
shall have the right (a) if the consideration per share of Common Stock to be received by the holders of shares of Common Stock in such Acquisition Transaction is greater than the applicable Exercise Price, to cause the Warrantholder to
exercise, whether through a Cash Exercise or Cashless Exercise at the sole discretion of Warrantholder, this Warrant with respect to all vested Warrant Shares with such exercise contingent upon, and effective as of immediately prior to, the
consummation of such Acquisition Transaction and (b) if the consideration per share of Common Stock to be received by the holders of shares of Common Stock in such Acquisition Transaction is less than or equal to the applicable Exercise Price,
to cause this Warrant to be automatically and immediately cancelled and terminated as of the consummation of such Acquisition Transaction with respect to all vested Warrant Shares. The Company must give written notice to the Warrantholder at least
ten days prior to the date of consummation of such Acquisition Transaction, which notice shall specify the expected date on which such Acquisition Transaction is to take place and set forth the facts with respect thereto as shall be reasonably
necessary to indicate the amount of cash deliverable upon exercise of this Warrant and to each outstanding share of Common Stock; provided, further that the Company may only cause the vested portion of this Warrant to be exercised or
cancelled, as applicable, concurrently with the consummation of such Acquisition Transaction set forth in clauses (A) and (B) above and the Warrantholder shall be entitled to receive the consideration as determined pursuant to
Section 11(iv). If the Warrantholder is required to exercise this Warrant pursuant to this Section 3(vii), the Warrantholder shall notify the Company, within five days after receiving the Company’s
written notice described above in this Section 11(iv), whether it is electing to exercise the vested portion of this Warrant through a Cash Exercise or a Cashless Exercise. If the Warrantholder (i) does not provide
such notice within five days after receiving the Company’s written notice described above in this Section 3(vii), or (ii) elects a Cash Exercise but does not pay the applicable Exercise Price for the vested
Warrant Shares thereby purchased to the Company upon the consummation of such qualifying Acquisition Transcation then, in either such case, the Company shall effect the exercise of this Warrant through a Cashless Exercise. 

4. Issuance of Warrant Shares; Authorization; Listing; Cash Settlement. 

(i) The Company shall (or shall cause its transfer agent to) issue a book-entry or book-entries for the Warrant Shares issued upon exercise of
this Warrant on or before the second Business Day following the date of exercise of this Warrant (the “Share Delivery Date”) in accordance with its terms in the name of the Warrantholder and shall deliver evidence of such book-entry
or book-entries to the Warrantholder. If the issuance of the Warrant Shares is registered under the Securities Act, in lieu of issuing a book-entry in Warrantholder’s name, the Company’s transfer agent shall use the DTC Fast Automated
Securities Transfer Program to credit such aggregate number of Warrant Shares to which the Warrantholder is entitled pursuant to such exercise to the Warrantholder’s or its designee’s balance account with DTC through its DWAC system. The
Company shall be responsible for all fees and expenses of its transfer agent and all fees and expenses with respect to the issuance of Warrant Shares via DTC, if any, including without limitation for same day processing. 

(ii) The Company’s obligations to issue and deliver Warrant Shares in accordance with the terms and subject to the conditions hereof are
absolute and unconditional, 

  
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irrespective of any action or inaction by the Warrantholder to enforce the same, any waiver or consent with respect to any provision hereof, the recovery of any judgment against any Person or any
action to enforce the same, or any setoff, counterclaim, recoupment, limitation, or termination; provided, however, that the Company shall not be required to deliver Warrant Shares with respect to an exercise prior to the
Warrantholder’s delivery of the associated exercise price (or notice of cashless exercise). 
 (iii) The Company hereby represents and
warrants that any Warrant Shares issued upon the exercise of this Warrant in accordance with the provisions of Section 3 will be validly issued, fully paid and nonassessable and free of any liens or encumbrances (other than
liens or encumbrances created by the Transaction Documents or by or at the direction of the Warrantholder or any of its Affiliates, transfer restrictions arising as a matter of Applicable Law, or created by or at the direction of the Warrantholder
or any of its Affiliates). Following the issuance of any Warrant Shares, the Company shall (or shall cause its transfer agent to) register such issuance in book-entry form in the name of the Warrantholder. The Warrant Shares so issued shall be
deemed for all purposes to have been issued to the Warrantholder as of the close of business on the date on which this Warrant and payment of the Exercise Price are delivered to the Company in accordance with the terms of this Warrant,
notwithstanding that the stock transfer books of the Company may then be closed or certificates representing such Warrant Shares may not be actually delivered on such date or credited to the Warrantholder’s DTC account, as the case may be. The
Company shall at all times reserve and keep available, out of its authorized but unissued Common Stock, the Warrant Shares, solely for the purpose of providing for the exercise of this Warrant, the aggregate Warrant Shares then issuable upon
exercise of this Warrant in full (disregarding whether or not this Warrant is exercisable by its terms at any such time). 
 (iv) The
Company shall, at its sole expense, procure, subject to issuance or notice of issuance, the listing of any Warrant Shares issuable upon exercise of this Warrant on the Principal Trading Market on which such same class of Equity Securities are then
listed or traded, promptly after such Warrant Shares are eligible for listing thereon. 
 5. No Fractional Shares or Scrip. No
fractional Warrant Shares or other Equity Securities or scrip representing fractional Warrant Shares or other Equity Securities shall be issued upon any exercise of this Warrant. In lieu of any fractional share to which a Warrantholder would
otherwise be entitled, the fractional Warrant Shares or other Equity Securities shall be rounded up to the next whole Warrant Share or other Equity Securities, and the Warrantholder shall be entitled to receive such rounded up number of Warrant
Shares or other Equity Securities. 
 6. No Rights as Shareholders; Transfer Books. Without limiting in any respect the provisions of
the Transaction Agreement and except as otherwise provided by the terms of this Warrant, this Warrant does not entitle the Warrantholder to (i) consent to any action of the shareholders of the Company, (ii) receive notice of or vote at any
meeting of the shareholders, (iii) receive notice of any other proceedings of the Company, or (iv) exercise any other rights whatsoever, in any such case, as a shareholder of the Company prior to the date of exercise of this Warrant. 

  
 -11- 

 7. Charges, Taxes, and Expenses. Issuance of this Warrant and issuance of
certificates for Warrant Shares to the Warrantholder upon the exercise of this Warrant shall be made without charge to the Warrantholder for any issue, registration or transfer tax, assessment or similar governmental charge (other than any such
taxes, assessments or charges in respect of any transfer occurring contemporaneously therewith) or other incidental expense in respect of the issuance of such certificates, all of which taxes, assessments, charges and expenses shall be paid by the
Company; provided that if this Warrant is transferred or assigned to any Person who is not a citizen or resident of the United States, then any additional costs and expenses arising under those categories described in the preceding clause that are
attributable solely to such transferee’s non-U.S. citizen or non-U.S. resident status shall be paid by the transferee of this Warrant. 

8. Transfer/Assignment. 

(i) This Warrant may be transferred only in accordance with the terms of the Transaction Agreement. Subject to compliance with the first
sentence of this Section 8(i) and the legend as set forth on the cover page of this Warrant and the terms of the Transaction Agreement, this Warrant and all rights hereunder are transferable, in whole or in part, upon the
books of the Company by the registered holder hereof in person or by a duly authorized attorney, and a new Warrant shall be made and delivered by the Company, of the same tenor and date as this Warrant but registered in the name of one or more
transferees, upon surrender of this Warrant, duly endorsed, to the Designated Company Office. If the transferring holder does not transfer the entirety of its rights to purchase all Warrant Shares hereunder, such holder shall be entitled to receive
from the Company a new Warrant in substantially identical form for the purchase of that number of Warrant Shares as to which the right to purchase was not transferred. All expenses (other than stock transfer taxes) and other charges payable in
connection with the preparation, execution and delivery of the new Warrant pursuant to this Section 8 shall be paid by the Company. 

(ii) If and for so long as required by the Transaction Agreement, any Warrant certificate or book-entry issued hereunder shall contain a
legend as set forth in Section 4.2 of the Transaction Agreement. 
 9. Exchange and Registry of Warrant. This Warrant is
exchangeable, subject to applicable securities laws, upon the surrender hereof by the Warrantholder to the Company, for a new warrant or warrants of like tenor and representing the right to purchase the same aggregate number of Warrant Shares on the
same terms and conditions hereunder. The Company shall maintain, or cause its transfer agent to maintain, a registry showing the name and address of the Warrantholder as the registered holder of this Warrant. This Warrant may be surrendered for
exchange or exercise, in accordance with its terms, at the Designated Company Office, and the Company shall be entitled to rely in all respects, prior to written notice to the contrary, upon such registry. 

10. Non-Business Day Extension. If the last or appointed day for the taking of any action or
the expiration of any right required or granted herein shall not be a Business Day, then such action may be taken or such right may be exercised on the next succeeding day that is a Business Day. 

  
 -12- 

 11. Adjustments and Other Rights. The Exercise Price and Warrant Shares issuable upon
exercise of this Warrant shall be subject to adjustment from time to time as follows; provided that, if more than one subsection of this Section 11 is applicable to a single event, the subsection shall be applied
that produces the largest adjustment and no single event shall cause an adjustment under more than one subsection of this Section 11 so as to result in duplication; provided further that, (1) any adjustments to
the Second Tranche Exercise Price and Second Tranche Warrant Shares, in each case shall as applicable, shall be tolled such that no adjustments will be made to the Second Tranche Exercise Price or the Second Tranche Warrant Shares prior to the
earlier of (x) the Second Tranche Exercise Price Date, or (y) such earlier date that the Second Tranche Warrant Shares are exercisable pursuant to the terms hereof (the “Second Tranche Adjustment Date”), and (2) on
the Second Tranche Adjustment Date, all adjustments that would otherwise would have been due (with the starting baseline of using retrospectively the Second Tranche Exercise Price) since the Issue Date to each of the Second Tranche Exercise Price
and Second Tranch Warrant Shares, as applicable, shall be made subject to and in accordance with the preceding proviso with respect to no duplication of adjustments. 

(i) Stock Splits, Subdivisions, Reclassifications, or Combinations. If the Company shall at any time or from time to time
(a) declare, order, pay, or make a dividend or make a distribution on its Common Stock in additional shares of Common Stock, (b) split, subdivide, or reclassify the outstanding shares of Common Stock into a greater number of shares, or
(c) combine or reclassify the outstanding shares of Common Stock into a smaller number of shares, the number of Warrant Shares issuable upon exercise of this Warrant at the time of the record date for such dividend or distribution or the
effective date of such split, subdivision, combination, or reclassification shall be proportionately adjusted so that the Warrantholder immediately after such record date or effective date, as the case may be, shall be entitled to purchase the
number of shares of Common Stock which such holder would have owned or been entitled to receive in respect of the shares of Common Stock subject to this Warrant after such date had this Warrant been exercised in full immediately prior to such record
date or effective date, as the case may be (disregarding whether or not this Warrant had been exercisable by its terms at such time). In the event of such applicable adjustment, the Exercise Price in effect at the time of the record date for such
dividend or distribution or the effective date of such split, subdivision, combination, or reclassification shall be immediately adjusted to the number obtained by dividing (x) the product of (1) the number of Warrant Shares issuable upon
the exercise of this Warrant in full before the adjustment determined pursuant to the immediately preceding sentence (disregarding whether or not this Warrant was exercisable by its terms at such time) and (2) the Exercise Price in effect
immediately prior to the record or effective date, as the case may be, for the dividend, distribution, split, subdivision, combination, or reclassification giving rise to such adjustment by (y) the new number of Warrant Shares issuable upon
exercise of the Warrant in full determined pursuant to the immediately preceding sentence (disregarding whether or not this Warrant is exercisable by its terms at such time). 

(ii) Certain Issuances of Common Stock or Convertible Securities. If the Company shall at any time or from time to time issue shares of
Common Stock (or rights or warrants or any other securities or rights exercisable or convertible into or exchangeable for shares of Common Stock, including through distributions on outstanding securities (collectively, “Convertible
Securities”)) (other transactions to which the adjustments set forth in Section 11(i) are applicable), (1) without consideration or (2) at a consideration per share (or having a conversion price per share)
that is less than the Exercise Price (the date of such issuance, the “Pricing Date”) then, in such event: 

  
 -13- 

 (A) the number of Warrant Shares issuable upon the exercise of this Warrant held by the
Warrantholder on the Pricing Date (the “Initial Number”) shall be increased to the number obtained by multiplying the Initial Number by a fraction (I) the numerator of which shall be the sum of (x) the number of shares of
Common Stock outstanding immediately prior to the Pricing Date and (y) the number of additional shares of Common Stock issued (or into which Convertible Securities may be converted) on the Pricing Date and (II) the denominator of which
shall be the sum of (x) the number of shares of Common Stock outstanding immediately prior to the Pricing Date and (y) the number of shares of Common Stock (rounded to the nearest whole share) which the Aggregate Consideration in respect
of such issuance of shares of Common Stock (or Convertible Securities) would purchase at the Market Price of Common Stock on the Trading Day immediately prior to the Pricing Date; and 

(B) the Exercise Price payable upon exercise of this Warrant held by the Warrantholder on the Pricing Date shall be adjusted by multiplying
such Exercise Price in effect immediately prior to the Pricing Date by a fraction, the numerator of which shall be the number of shares of Common Stock issuable upon exercise of this Warrant in full immediately prior to the adjustment pursuant to
clause (A) above (disregarding whether or not this Warrant was exercisable by its terms at such time), and the denominator of which shall be the number of shares of Common Stock issuable upon exercise of this Warrant in full immediately after
the adjustment pursuant to clause (A) above (disregarding whether or not this Warrant is exercisable by its terms at such time). 
 For
purposes of the foregoing, (1) in the case of the issuance of such shares of Common Stock or Convertible Securities for, in whole or in part, any noncash property (or in the case of any noncash property payable upon conversion of any such
Convertible Securities), the consideration represented by such noncash property shall be deemed to be the Market Price (in the case of securities) and/or Fair Market Value (in all other cases), as applicable, of such noncash property as of the
Trading Day immediately prior to the Pricing Date (before deduction of any related expenses payable to third parties, including discounts and commissions); and (2) if the Exercise Price and the number of Warrant Shares issuable upon exercise of
this Warrant shall have been adjusted upon the issuance of any Convertible Securities in accordance with this Section 11, solely to the extent the Exercise Price and the number of Warrant Shares has been properly reflected
for the actual issuance of shares of Common Stock upon the actual conversion of such Convertible Securities, no further adjustment of the Exercise Price and the number of Warrant Shares issuable upon exercise of this Warrant shall be made for the
actual issuance of shares of Common Stock upon the actual conversion of such Convertible Securities in accordance with their terms. Any adjustment made pursuant to this Section 11(ii) shall become effective immediately upon
the date of such issuance. For the avoidance of doubt, no increase to the Exercise Price or decrease in the number of Warrant Shares issuable upon exercise of this Warrant shall be made pursuant to this Section 11(ii). 

(iii) Distributions. If the Company, at any time while this Warrant is outstanding, declares or makes any dividend or distributes to
holders of shares of Common Stock (and not to the Warrantholder) evidence of its indebtedness or assets (including cash and cash 

  
 -14- 

 
dividends or property) or rights or warrants to subscribe for or purchase any security (including, without limitation, any distribution of cash, stock, or other securities, property, or options
by way of a dividend, spin off, reclassification, corporate rearrangement, scheme of arrangement, or other similar transaction other than dividends or distributions pursuant to Section11(i)) (collectively, a “Distribution”),
then the Warrantholder will be entitled to participate in such Distribution and be deemed to have exercised, and be the holder of, Warrant Shares that are vested as of immediately before the record date of such Distribution except that Warrantholder
will not be eligible to receive any Distribution on unexercised Warrant Shares for any regular quarterly dividend payment to the Company’s shareholders declared by the Board in the ordinary course consistent with its past practice prior to
March 1, 2020 so long as such regular quarterly dividend payment is not greater than $0.15 per share; provided that, in the event of a regular quarterly dividend payment that is greater than such amount, the Warrantholder shall be
entitled to participate in such regular quarterly dividend payment for the amount per share in excess of $0.15. 
 (iv) Acquisition
Transactions. In case of any Acquisition Transaction, notwithstanding anything to the contrary contained herein, (a) the Company shall notify the Warrantholder in writing of such Acquisition Transaction as promptly as practicable (but in no
event later than ten days prior to the effectiveness thereof), (b) an amount of Warrant Shares equal to the remaining unvested Warrant Shares multiplied by Acquisition Transaction Multiplier shall immediately vest upon the consummation of such
Acquisition Transaction, and subject to clause (c) below, become immediately exercisable upon consummation of such Acquisition Transaction, and (c) solely in the event of an Acquisition Transaction that is a Business Combination, the
Warrantholder’s right to receive Warrant Shares upon exercise of this Warrant shall be converted, effective upon the consummation of such Business Combination, into the right to exercise this Warrant to acquire the number of shares of stock or
other securities or property (including cash) that the shares of Common Stock issuable (at the time of such Business Combination) upon exercise of this Warrant immediately prior to such Business Combination would have been entitled to receive upon
consummation of such Business Combination. In determining the kind and amount of stock, securities, or property receivable upon exercise of this Warrant upon and following adjustment pursuant to this paragraph, if the holders of Common Stock have
the right to elect the kind or amount of consideration receivable upon consummation of such Business Combination, then the Warrantholder shall have the right to make the same election upon exercise of this Warrant with respect to the number of
shares of stock or other securities or property which the Warrantholder shall receive upon exercise of this Warrant. The Company, or the Person or Persons formed by the applicable Business Combination, or that acquire(s) the applicable shares of
Common Stock, as the case may be, shall make lawful provisions to establish such rights and to provide for such adjustments that, for events from and after such Business Combination, shall be as nearly equivalent as possible to the rights and
adjustments provided for herein, and the Company shall not be a party to or permit any such Business Combination to occur unless such provisions are made as a part of the terms thereof. 

(v) Rounding of Calculations; Minimum Adjustments. All calculations under this Section 11 shall be made to
the nearest one-tenth (1/10th) of a cent or to the nearest one-hundredth (1/100th) of a share, as the case may be. Any provision of this
Section 11 to the contrary notwithstanding, no adjustment in the Exercise Price or the number of Warrant Shares 

  
 -15- 

 
into which this Warrant is exercisable shall be made if the amount of such adjustment would be less than $0.01 or one-tenth (1/10th) of a share of Common
Stock, but any such amount shall be carried forward and an adjustment with respect thereto shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward,
shall aggregate $0.01 or one-tenth (1/10th) of a share of Common Stock, or more. 
 (vi) Timing
of Issuance of Additional Securities Upon Certain Adjustments. In any event in which (a) the provisions of this Section 11 shall require that an adjustment (the “Subject Adjustment”) shall become
effective immediately after a record date (the “Subject Record Date”) for an event and (b) the Warrantholder exercises this Warrant after the Subject Record Date and before the consummation of such event, the Company may defer
until the consummation of such event issuing to such Warrantholder the incremental additional shares of Common Stock or other property issuable upon such exercise by reason of the Subject Adjustment; provided, however, that the Company
upon request shall promptly deliver to such Warrantholder a due bill or other appropriate instrument evidencing such Warrantholder’s right to receive such additional shares (or other property, as applicable) upon the consummation of such event.

 (vii) Statement Regarding Adjustments. Whenever the Exercise Price or the Warrant Shares into which this Warrant is exercisable
shall be adjusted as provided in Section 11, the Company shall promptly prepare a statement showing in reasonable detail the facts requiring such adjustment and the Exercise Price that shall be in effect and the Warrant Shares into which
this Warrant shall be exercisable after such adjustment, and cause a copy of such statement to be delivered to the Warrantholder as promptly as practicable after the event giving rise to the adjustment. 

(viii) Notice of Adjustment Event. In the event that the Company shall propose to take any action of the type described in this
Section 11 (but only if the action of the type described in this Section 11 would result in an adjustment in the Exercise Price or the Warrant Shares into which this Warrant is exercisable or a
change in the type of securities or property to be delivered upon exercise of this Warrant), the Company shall provide written notice to the Warrantholder, which notice shall specify the record date, if any, with respect to any such action and the
approximate date on which such action is to take place. Such notice shall also set forth the facts with respect thereto as shall be reasonably necessary to indicate the effect on the Exercise Price and the number, kind, or class of shares or other
securities or property which shall be deliverable upon exercise of this Warrant. In the case of any action which would require the fixing of a record date, such notice shall be given at least ten days prior to the date so fixed. In case of all other
actions, such notice shall be given at least ten days prior to the taking of such proposed action unless the Company reasonably determines in good faith that, given the nature of such action, the provision of such notice at least ten days in advance
is not reasonably practicable from a timing perspective, in which case such notice shall be given as far in advance prior to the taking of such proposed action as is reasonably practicable from a timing perspective. 

(ix) Adjustment Rules. Any adjustments pursuant to this Section 11 shall be made successively whenever an
event referred to herein shall occur. If an adjustment in the Exercise Price made hereunder would reduce the Exercise Price to an amount below par value of the Common Stock, then such adjustment in the Exercise Price made hereunder shall reduce the
Exercise Price to the par value of the Common Stock. 

  
 -16- 

 (x) No Impairment. The Company shall not, by amendment of its certificate of
incorporation, bylaws, or any other organizational document, or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue, or sale of securities or any other voluntary action, avoid or seek to avoid the observance or
performance of any of the terms to be observed or performed hereunder by the Company, but shall at all times in good faith assist in the carrying out of all the provisions of this Warrant. In furtherance and not in limitation of the foregoing, the
Company shall not take or permit to be taken any action that would (a) increase the par value of any shares of Common Stock receivable upon the exercise of this Warrant above the Exercise Price then in effect or (b) entitle the
Warrantholder to an adjustment under this Section 11 if the total number of shares of Common Stock issuable after such action upon exercise of this Warrant in full (disregarding whether or not this Warrant is exercisable by
its terms at such time), together with all shares of Common Stock then outstanding and all shares of Common Stock then issuable upon the exercise in full of any and all outstanding Equity Securities (disregarding whether or not any such Equity
Securities are exercisable by their terms at such time), would exceed the total number of shares of Common Stock then authorized by its certificate of incorporation. 

(xi) Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action which would require an
adjustment pursuant to this Section 11, the Company shall promptly take any and all action which may be necessary, including obtaining regulatory or other governmental approval, approval of the Principal Trading Market or other
applicable securities exchange, or, subject to Section 11(xiii), any corporate or shareholder approvals or exemptions, in order that the Company may thereafter validly and legally issue as fully paid and nonassessable all
shares of Common Stock, or all other securities or other property, that the Warrantholder is entitled to receive upon exercise of this Warrant pursuant to this Section 11. 

(xii) No Adjustment for Permitted Transactions. Notwithstanding anything in this Warrant to the contrary, no adjustment shall be made
pursuant to this Section 11 in connection with any Permitted Transaction, except for the adjustment set forth in Section 11(xiv). 

(xiii) Warrant Shares Cap. Notwithstanding anything in this Agreement to the contrary, if any adjustment or other change to the number
of Warrant Shares issuable upon exercise of this Warrant would result in the aggregate number of Warrant Shares issued under this Warrant to exceed 10,281,753 (the “Warrant Shares Cap”), then the number of Warrant Shares issuable
upon exercise of this Warrant after such adjustment or change shall be reduced to the number of shares equal to the Warrant Shares Cap (for purposes of this calculation, rounded down to the nearest whole share); provided that, upon obtaining
the Requisite Shareholder Approval, the aggregate number of the Warrant Shares issuable upon the exercise of this Warrant shall be adjusted and changed to equal the number of shares assuming the reduction(s) set forth in this
Section 11(xiii) did not occur. 

  
 -17- 

 (xiv) Top-Up. If the Company, at any time
while this Warrant is outstanding, issues an Equity Award Amount greater than the applicable Equity Award Cap in any calendar year period (such excess, the “Excess Equity Award Amount”) beginning for the calendar year ended
December 31, 2023 and ending on the earlier of (a) the date on which the Company has issued more than 3,430,060 Equity Awards since the Issuance Date and (b) December 31, 2029, then, in such event, the number of Warrant Shares
issuable upon the exercise of this Warrant held by the Warrantholder as of December 31st of such calendar year ended (the “Top-Up Initial
Number”) shall be increased to the following amount: (I) the Top-Up Initial Number, plus (II)(x) a fraction the numerator of which shall be the Excess Equity Award Amount and the denominator of
which shall be the 30-Day VWAP as of December 31st of such calendar year, multiplied by (y) a fraction the numerator of which shall be the Top-Up Initial Number and the denominator of which shall be the Fully Diluted Basis as of December 31st of the prior calendar year. For the avoidance of doubt, no
increase or decrease to the Exercise Price or decrease in the number of Warrant Shares issuable upon exercise of this Warrant shall be made pursuant to this Section 11(xiv). 

12. Beneficial Ownership Limitation. 

(i) Notwithstanding anything in this Warrant to the contrary, the Company shall not honor any exercise of this Warrant, and a Warrantholder
shall not have the right to exercise any portion of this Warrant, to the extent that, after giving effect to an attempted exercise set forth on an applicable Notice of Exercise, such Warrantholder (together with such Warrantholder’s Affiliates,
and any other Person whose beneficial ownership of Common Stock would be aggregated with the Warrantholder’s for purposes of Section 13(d) or Section 16 of the Exchange Act, and any other applicable regulations of the Commission,
including any Group of which the Warrantholder is a member (the foregoing, “Attribution Parties”)) would beneficially own a number of shares of Common Stock in excess of the Beneficial Ownership Limitation. For purposes of the
foregoing sentence, the number of shares of Common Stock beneficially owned by such Warrantholder and its Attribution Parties shall include the number of Warrant Shares issuable under the Notice of Exercise with respect to which such determination
is being made, but shall exclude the number of shares of Common Stock which are issuable upon (a) exercise of the remaining, unexercised portion of any Warrant beneficially owned by such Warrantholder or any of its Attribution Parties and
(b) exercise or conversion of the unexercised or unconverted portion of any other securities of the Company (including any warrants) beneficially owned by such Warrantholder or any of its Attribution Parties that are subject to a limitation on
conversion or exercise similar to the limitation contained herein. For purposes of this Section 12, beneficial ownership shall be calculated in accordance with Section 13(d) of the Exchange Act and any other applicable
regulations of the Commission. For purposes of this Section 12, in determining the number of outstanding shares of Common Stock, a Warrantholder may rely on the number of outstanding shares of Common Stock as stated in the
most recent of the following: (X) the Company’s most recent periodic or annual filing with the Commission, as the case may be, (Y) a more recent public announcement by the Company that is filed with the Commission, or (Z) a more
recent notice by the Company or the Company’s transfer agent to the Warrantholder setting forth the number of shares of Common Stock then outstanding. Upon the written request of a Warrantholder, the Company shall, within three Trading Days
thereof, confirm in writing to such Warrantholder the number of shares of Common Stock then outstanding. In any case, the number of outstanding shares of Common Stock shall be determined after giving effect to any actual

  
 -18- 

 
conversion or exercise of securities of the Company, including exercise of this Warrant, by such Warrantholder or its Attribution Parties since the date as of which such number of outstanding
shares of Common Stock was last publicly reported or confirmed to the Warrantholder. The Company shall be entitled to rely on representations made to it by the Warrantholder in any Notice of Exercise regarding its Beneficial Ownership Limitation.
The Warrantholder acknowledges that the Warrantholder is solely responsible for any schedules or statements required to be filed by it in accordance with Section 13(d) or Section 16(a) of the
Exchange Act. 
 (ii) The “Beneficial Ownership Limitation” shall initially be 4.999% of the number of shares of the Common
Stock outstanding immediately after giving effect to the issuance of Warrant Shares pursuant to such Notice of Exercise (to the extent permitted pursuant to this Section 12); provided, however, that by written
notice to the Company, which will not be effective until the 61st day after such notice is given by the Warrantholder to the Company, the Warrantholder may waive or amend the provisions of this Section 12 to change the
Beneficial Ownership Limitation to any other number, and the provisions of this Section 12 shall continue to apply. Upon any such waiver or amendment to the Beneficial Ownership Limitation, the Beneficial Ownership
Limitation may not be further waived or amended by the Warrantholder without first providing the minimum written notice required by the immediately preceding sentence. Notwithstanding the foregoing, at any time following notice of an Acquisition
Transaction under Section 11(iv) with respect to an Acquisition Transaction that is pursuant to any tender offer or exchange offer (by the Company or another Person (other than the Warrantholder or any Affiliate of the
Warrantholder)), the Warrantholder may waive or amend the Beneficial Ownership Limitation effective immediately upon written notice to the Company and may reinstitute a Beneficial Ownership Limitation at any time thereafter effective immediately
upon written notice to the Company. 
 (iii) Notwithstanding the provisions of this Section 12, none of the
provisions of this Section 12 shall restrict in any way the number of shares of Common Stock that the Warrantholder may receive or beneficially own in order to determine the amount of securities or other consideration that
the Warrantholder may receive in the event of an Acquisition Transaction as contemplated in Section 11 of this Warrant. 

13. Governing Law and Jurisdiction. This Warrant shall be governed by, and construed and enforced in accordance with, the laws of
the State of Delaware, without regard to any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware.
In addition, each of the parties expressly (a) submits to the personal jurisdiction and venue of the Chancery Court of Delaware, or if such court is unavailable, the United States District Court for Delaware (the
“Chosen Courts”), in the event any dispute (whether in contract, tort, or otherwise) arises out of this Warrant or the transactions contemplated hereby, (b) agrees that it shall not attempt to deny
or defeat such personal jurisdiction by motion or other request for leave from any such court and waives any claim of lack of personal jurisdiction, improper venue and any claims that such courts are an inconvenient forum, and
(c) agrees that it shall not bring any claim, action, or proceeding relating to this Warrant or the transactions contemplated hereby in any court other than the Chosen Courts, and in stipulated preference ranking, of the preceding
clause (a). Each party agrees that service of process upon such party in any such claim, 

  
 -19- 

 
action, or proceeding shall be effective if notice is given in accordance with the provisions of this Warrant. EACH PARTY HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW ANY
RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY CLAIM, ACTION, OR PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER, OR IN CONNECTION WITH THIS WARRANT. EACH PARTY (i) CERTIFIES THAT NO REPRESENTATIVE, AGENT, OR ATTORNEY OF ANY
OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (ii) ACKNOWLEDGES THAT IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER
THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 13. 
 14. Binding Effect. This Warrant shall be binding
upon any successors or assigns of the Company. 
 15. Amendments. This Warrant may be amended and the observance of any term of this
Warrant may be waived only with the written consent of the Company and the Warrantholder. 
 16. Notices. Any notice, request,
instruction or other document to be given hereunder by any party to the other shall be in writing and shall be deemed to have been duly given (a) if sent by United Parcel Service or FedEx on an overnight basis, signature receipt required, one
Business Day after mailing, (b) if sent by email, with a copy mailed on the same day (or next Business Day, if such day is not a Business Day) in the manner provided in clause (a) of this Section 16 when
transmitted and receipt is confirmed, or (c) if otherwise personally delivered, when delivered with signature receipt required. All notices hereunder shall be delivered as set forth below, or pursuant to such other instructions as may be
designated in writing by the party to receive such notice. 
 If to the Company, to: 

 

			
	Name:	  	Hawaiian Holdings, Inc.
	Address:	  	3375 Koapaka Street Suite G350
		  	Honolulu, HI 96819
	Attn:	  	Chief Legal Officer
		
	and	  	
		
	Name:	  	Hawaiian Holdings, Inc.
	Address:	  	3375 Koapaka Street Suite G350
		  	Honolulu, HI 96819
	Attn:	  	Chief Financial Officer

  
 -20- 

 with a copy to (which copy alone shall not constitute notice): 

 

			
	Name:	  	Wilson Sonsini Goodrich & Rosati, P.C.
	Address:	  	650 Page Mill Road
		  	Palo Alto, CA 94304
	Attn:	  	Tony Jeffries, Esq.
		  	Amanda Urquiza, Esq.
	Email:	  	tjeffries@wsgr.com
		  	aurquiza@wsgr.com

 If to Amazon.com NV Investment
Holdings LLC, to: 
  

			
	Name:	  	Amazon.com NV Investment Holdings LLC
		  	c/o Amazon.com, Inc.
	Address:	  	410 Terry Avenue North
		  	Seattle, Washington 98109-5210
	Attn:	  	General Counsel

 with a copy to (which copy alone
shall not constitute notice): 
  

			
	Name:	  	Gibson, Dunn & Crutcher LLP
	Address:	  	1881 Page Mill Road
		  	Palo Alto, California 94304
	Attn:	  	Ed Batts, Esq.
		  	Chris Trester, Esq.
	Email:	  	ebatts@gibsondunn.com
		  	ctrester@gibsondunn.com

 17. Entire Agreement. The Transaction Documents and the Confidentiality Agreement constitute the
entire agreement and supersede all other prior agreements, understandings, representations, and warranties, both written and oral, between the parties, with respect to the subject matter hereof. 

18. Specific Performance. The parties agree that failure of any party to perform its agreements and covenants under this Warrant,
including a party’s failure to take all actions as are necessary on such party’s part in accordance with the terms and conditions of this Warrant to consummate the transactions contemplated by this Warrant, will cause irreparable injury to
the other party, for which monetary damages, even if available, will not be an adequate remedy. It is agreed that the parties shall be entitled to equitable relief, including injunctive relief and specific performance of the terms hereof, without
the requirement of posting a bond or other security, and each party hereby consents to the issuance of injunctive relief by any court of competent jurisdiction to compel performance of a party’s obligations and to the granting by any court of
the remedy of specific performance of such party’s obligations under this Warrant, this being in addition to any other remedies to which the parties are entitled at law or equity. 

19. Limitation of Liability. No provision of this Warrant, in the absence of any affirmative action by the Warrantholder to exercise
this Warrant to purchase Warrant Shares, and 

  
 -21- 

 
no enumeration herein of the rights or privileges of Warrantholder, shall give rise to any liability of the Warrantholder for the purchase price of any Warrant Shares or as a shareholder of the
Company, whether such liability is asserted by the Company or by creditors of the Company. The sole liability of the Warrantholder under this Warrant shall be the applicable aggregate Exercise Price if and when this Warrant is exercised in part or
in whole. 
 20. Interpretation. When a reference is made in this Warrant to “Sections” or “Annexes” such
reference shall be to a Section of, or Annex to, this Warrant unless otherwise indicated. The terms defined in the singular have a comparable meaning when used in the plural and vice versa. References to “herein,” “hereof,”
“hereunder,” and the like refer to this Warrant as a whole and not to any particular section or provision, unless the context requires otherwise. References to “parties” refer to the parties to this Warrant. The headings
contained in this Warrant are for reference purposes only and are not part of this Warrant. Whenever the words “include,” “includes,” or “including” are used in this Warrant, they shall be deemed followed by the words
“without limitation.” No rule of construction against the draftsperson shall be applied in connection with the interpretation or enforcement of this Warrant, as this Warrant is the product of negotiation between sophisticated parties
advised by counsel. Any reference to a wholly owned subsidiary of a person shall mean such subsidiary is directly or indirectly wholly owned by such person. All references to “$” or “dollars” mean the lawful currency of the
United States of America. Except as expressly stated in this Warrant, all references to any statute, rule, or regulation are to the statute, rule or regulation as amended, modified, supplemented, or replaced from time to time (and, in the case of
statutes, include any rules and regulations promulgated under the statute) and to any section of any statute, rule, or regulation include any successor to the section. 

[Remainder of page intentionally left blank] 

  
 -22- 

 IN WITNESS WHEREOF, the Company has caused this Warrant to be duly executed by a duly
authorized officer. 
 Dated: October 20, 2022 
  

			
	HAWAIIAN HOLDINGS, INC.
		
	By:	 	 /s/ Peter R. Ingram

		 	Name: Peter R. Ingram
		 	Title: President and Chief Executive Officer
	
	Acknowledged and Agreed
	
	AMAZON.COM NV INVESTMENT HOLDINGS LLC
		
	By:	 	 /s/ Torben Severson

		 	Name: Torben Severson
		 	Title: Authorized Signatory

 [Signature Page to Warrant] 

 Annex A 

[Form of Notice of Vesting Event] 

Date: 
  

			
	TO:	 	Amazon.com, Inc.
		
	RE:	 	Notice of Vesting Event

 Reference is made to that certain Warrant to Purchase Common Stock, dated as of October 20, 2022 (the
“Warrant”), issued to Amazon.com NV Investment Holdings LLC representing a warrant to purchase 9,442,443 shares of common stock of Hawaiian Holdings, Inc. (the “Company”). Capitalized terms used herein without
definition are used as defined in the Warrant. 
 The undersigned hereby delivers notice to you that a Vesting Event has occurred under the
terms of the Warrant. 
  

	 	A.	 Vesting Event. The following Vesting Event has occurred on or around [●],
20    . 

  

			
	
                      
                      
	  	

  

	 	B.	 Vested Warrant Shares. After giving effect to the Vesting Event referenced in Paragraph A above, the
aggregate number of Warrant Shares issuable upon exercise of the Warrant that have vested under the terms of the Warrant is: 

  

			
	
                      
                      
	  	

  

	 	C.	 Exercised Warrant Shares. The aggregate number of Warrant Shares issuable upon exercise of the Warrant
that have been exercised as of the date hereof is: 

  

			
	
                      
                      
	  	

  

	 	D.	 Purchase Price of Exercised Warrant Shares. The aggregate purchase price of the Warrant Shares that have
been exercised as of the date hereof is: 

  

			
	
                      
                      
	  	

  

	 	E.	 Unexercised Warrant Shares. After giving effect to the Vesting Event referenced in Paragraph A above,
the aggregate number of Warrant Shares issuable upon exercise of the Warrant that have vested but remain unexercised under the Warrant is: 

  

			
	
                      
                      
	  	

 
			
	HAWAIIAN HOLDINGS, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 Annex B 

[Form of Notice of Exercise] 

Date: 
  

			
	TO:	 	Hawaiian Holdings, Inc.
		
	RE:	 	Election to Purchase Warrant Shares

 The undersigned, pursuant to the provisions set forth in the attached Warrant, hereby agrees to subscribe for
and purchase the number of Warrant Shares set forth below covered by such Warrant. The undersigned, in accordance with Section 3 of the Warrant, hereby agrees to pay the aggregate Exercise Price for such shares of Common
Stock. Upon surrender of the Warrant, duly endorsed, to the Designated Company Office, a new warrant evidencing the remaining Warrant Shares covered by such Warrant but not yet subscribed for and purchased, if any, should be issued in the name of
the Warrantholder. Capitalized terms used herein without definition are used as defined in the Warrant. 
 Number of Warrant Shares with respect to which
the Warrant is being exercised (including shares to be withheld as payment of the Exercise Price pursuant to Section 3(ii)(b)(ii) of the Warrant, if any): 

 

			
	                                      
                                  	  	

 Method of Payment of Exercise Price (note if Cashless Exercise or Cash Exercise, in either case in accordance with
Section 3 of the Warrant): 
  

			
	                                      
                          	  	

 Aggregate Exercise
Price:                                        
                   
  

			
	Holder:	 	  

	By:	 	  

	Name:	 	  

	Title:EX-10.1

 CERTAIN INFORMATION IN THIS EXHIBIT IDENTIFIED BY [***] IS CONFIDENTIAL AND HAS BEEN
EXCLUDED BECAUSE IT (I) IS NOT MATERIAL AND (II) THE REGISTRANT CUSTOMARILY AND ACTUALLY TREATS THAT INFORMATION AS PRIVATE OR CONFIDENTIAL. 
  

Exhibit 10.1 
 Execution
Version 
 Confidential & Privileged 
  

 
 TRANSACTION AGREEMENT 

Dated as of October 20, 2022 

by and between 
 HAWAIIAN
HOLDINGS, INC. 
 and 

AMAZON.COM, INC. 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
			
	 	  	ARTICLE I	  	 	 
			
	 	  	WARRANT ISSUANCE; CLOSING	  	 	 
			
	1.1	  	 Warrant Issuance
	  	 	1	 
	1.2	  	 Closing
	  	 	1	 
	1.3	  	 Interpretation
	  	 	1	 
			
	 	  	ARTICLE II	  	 	 
			
	 	  	REPRESENTATIONS AND WARRANTIES	  	 	 
			
	2.1	  	 Material Adverse Effect; Due Diligence
	  	 	2	 
	2.2	  	 Representations and Warranties of the Company
	  	 	3	 
	2.3	  	 Representations and Warranties of Amazon
	  	 	9	 
	2.4	  	 Survival
	  	 	11	 
			
	 	  	ARTICLE III	  	 	 
			
	 	  	COVENANTS	  	 	 
			
	3.1	  	 Efforts
	  	 	11	 
	3.2	  	 Public Announcements
	  	 	15	 
	3.3	  	 Expenses
	  	 	16	 
	3.4	  	 Board Observer
	  	 	17	 
	3.5	  	 Tax Treatment
	  	 	18	 
	3.6	  	 Shareholder Approval
	  	 	18	 
			
	 	  	ARTICLE IV	  	 	 
			
	 	  	ADDITIONAL AGREEMENTS	  	 	 
			
	4.1	  	 Acquisition for Investment
	  	 	20	 
	4.2	  	 Legend
	  	 	20	 
	4.3	  	 Anti-Takeover Provisions
	  	 	21	 
	4.4	  	 Transfers
	  	 	22	 
	4.5	  	 Reports under Exchange Act
	  	 	23	 
	4.6	  	 Standstill Provisions
	  	 	23	 
	4.7	  	 Right of Notice
	  	 	26	 
	4.8	  	 Management Meetings
	  	 	27	 

  
 -i- 

							
	 	  	 	  	Page	 
			
	 	  	ARTICLE V	  	 	 
			
	 	  	INFORMATION	  	 	 
			
	5.1	  	 Information Rights
	  	 	27	 
	5.2	  	 Tax Reporting Requirements
	  	 	29	 
	5.3	  	 Survival
	  	 	29	 
			
	 	  	ARTICLE VI	  	 	 
			
	 	  	REGISTRATION	  	 	 
			
	6.1	  	 Shelf Registration Statement
	  	 	29	 
	6.2	  	 Piggyback Registrations
	  	 	31	 
	6.3	  	 Holdback Agreements
	  	 	33	 
	6.4	  	 Registration Procedures
	  	 	33	 
	6.5	  	 Registration Expenses
	  	 	38	 
	6.6	  	 Miscellaneous
	  	 	38	 
	6.7	  	 Registration Indemnification
	  	 	39	 
	6.8	  	 Free Writing Prospectuses
	  	 	41	 
	6.9	  	 Termination of Registration Rights
	  	 	41	 
			
	 	  	ARTICLE VII	  	 	 
			
	 	  	DEFINITIONS	  	 	 
			
	7.1	  	 Defined Terms
	  	 	42	 
			
	 	  	ARTICLE VIII	  	 	 
			
	 	  	MISCELLANEOUS	  	 	 
			
	8.1	  	 Termination of This Agreement; Other Triggers
	  	 	51	 
	8.2	  	 Amendment
	  	 	51	 
	8.3	  	 Waiver of Conditions
	  	 	51	 
	8.4	  	 Counterparts
	  	 	51	 
	8.5	  	 Governing Law; Submission to Jurisdiction; WAIVER OF JURY TRIAL
	  	 	52	 
	8.6	  	 Notices
	  	 	52	 
	8.7	  	 Entire Agreement, Etc.
	  	 	53	 
	8.8	  	 Assignment
	  	 	54	 
	8.9	  	 Severability
	  	 	54	 
	8.10	  	 No Third-Party Beneficiaries
	  	 	54	 
	8.11	  	 Specific Performance
	  	 	54	 
	8.12	  	 Limitation of Liability
	  	 	54	 

  
 -ii- 

 LIST OF SCHEDULES 

SCHEDULE 5.1(A):    LIST OF INFORMATION 

SCHEDULE 7.1:         DESIGNATED PERSONS 

LIST OF ANNEXES 
 ANNEX A:
                 FORM OF WARRANT 

  
 -iii- 

 This TRANSACTION AGREEMENT, dated as of October 20, 2022 (this
“Agreement”), is by and between Hawaiian Holdings, Inc., a Delaware corporation (the “Company”), and Amazon.com, Inc., a Delaware corporation (“Amazon”). 

RECITALS: 

WHEREAS, as of the date of this Agreement, the Company and/or any of its subsidiaries have entered into and may enter into certain
commercial arrangements with Amazon and/or any of its subsidiaries under which the Company and/or its subsidiaries may from time to time provide services to Amazon and/or its subsidiaries, including that certain Air Transportation Services
Agreement, dated as of even date herewith, by and between Hawaiian Airlines, Inc. and Amazon.com Services LLC (the “Commercial Arrangements”); 

WHEREAS, in connection with the transactions contemplated hereby, and subject to the terms and conditions hereof, the Company desires
to issue to Amazon.com NV Investment Holdings LLC, a Nevada limited liability company and a wholly owned subsidiary of Amazon that is disregarded as separate from Amazon for U.S. federal income tax purposes (“NV Holdings”) and NV
Holdings desires to acquire from the Company, at the Closing, a warrant to purchase a specified number of shares of the Company’s common stock, $0.0001 par value per share (the “Common Stock”); and 

WHEREAS, each of the parties wishes to set forth in this Agreement certain terms and conditions regarding, among other things, NV
Holdings’s ownership of the Warrant and Warrant Shares (as defined below), as applicable. 
 NOW, THEREFORE, in consideration of
the premises, and of the representations, warranties, covenants, and agreements set forth herein, and intending to be legally bound, the parties agree as set forth herein. 

ARTICLE I 
 WARRANT
ISSUANCE; CLOSING 
 1.1 Warrant Issuance. On the terms and subject to the conditions set forth
in this Agreement, the Company shall issue to NV Holdings, and NV Holdings shall acquire from the Company, at the Closing, a warrant to purchase up to an aggregate of 9,442,443 Warrant Shares, subject to adjustment in accordance with its terms, in
the form attached hereto as Annex A (the “Warrant”). The issuance of the Warrant by the Company and the acquisition of the Warrant by NV Holdings are referred to herein as the “Warrant Issuance.” 

1.2 Closing. The closing of the Warrant Issuance (the “Closing”) shall take place
electronically via exchange of executed documents immediately following the execution and delivery of this Agreement. At the Closing, the Company shall deliver to Amazon the Warrant, as evidenced by a duly and validly executed book-entry dated as of
the date hereof and bearing appropriate legends as hereinafter provided for. 
 1.3 Interpretation.
When a reference is made in this Agreement to “Recitals,” “Articles,” “Sections,” “Annexes,” “Schedules,” or “Exhibits” such reference shall be to 

 
a Recital, Article, or Section of, or Annex, Schedule, or Exhibit to, this Agreement unless otherwise indicated. The terms defined in the singular have a comparable meaning when used in the
plural and vice versa. References to “herein,” “hereof,” “hereunder,” and the like refer to this Agreement as a whole and not to any particular section or provision, unless the context requires otherwise. References to
“parties” refer to the parties to this Agreement. The table of contents and headings contained in this Agreement are for reference purposes only and are not part of this Agreement. Whenever the words “include,”
“includes,” or “including” are used in this Agreement, they shall be deemed followed by the words “without limitation.” No rule of construction against the draftsperson shall be applied in connection with the
interpretation or enforcement of this Agreement, as this Agreement is the product of negotiation between sophisticated parties advised by counsel. Any reference to a wholly owned subsidiary of a Person shall mean such subsidiary is directly or
indirectly wholly owned by such Person. All references to “$” or “dollars” mean the lawful currency of the United States of America. Except as expressly stated in this Agreement, all references to any statute, rule, or regulation
are to the statute, rule, or regulation as amended, modified, supplemented, or replaced from time to time (and, in the case of statutes, include any rules and regulations promulgated under the statute) and to any section of any statute, rule, or
regulation, including any successor to the section. The term “Business Day” means any day other than a Saturday, a Sunday, or any other day on which commercial banks in the State of New York are authorized or required by Applicable
Law to be closed. With respect to the Warrant and Warrant Shares, such term shall include any shares of Common Stock or other Equity Securities of the Company received by NV Holdings as a result of any stock split, stock dividend or distribution,
other subdivision, reorganization, reclassification, or similar capital transaction. 
 ARTICLE II 

REPRESENTATIONS AND WARRANTIES 

2.1 Material Adverse Effect; Due Diligence. 

(a) “Material Adverse Effect” means any change, effect, event, development, circumstance, or occurrence (each, an
“Effect”) that, taken individually or when taken together with all other applicable Effects, has been, is, or would reasonably be expected to (i) have a material adverse affect on the business, financial condition or results of
operations of the Company and its subsidiaries, taken as a whole or (ii) prevent or materially impair the Company’s ability to consummate the Warrant Issuance at the Closing; provided, however, that in no event shall any
Effect, alone or in combination, be deemed to constitute, or be taken into account in determining whether there has been, is, or would be, a Material Adverse Effect to the extent resulting from: (A) any change in general economic, market, or
political conditions; (B) any change in generally accepted accounting principles in the United States (“GAAP”) or Applicable Law to the extent such change is generally applicable and not specifically directed at the Company or
its subsidiaries; (C) any act of war (whether or not declared), armed hostilities, sabotage, or terrorism, or any material escalation or worsening of any such events, or any national disaster, or any national or international calamity;
(D) any epidemic or pandemic, including COVID-19 or anything reasonably arising therefrom, including, without limitation, the 

  
 -2- 

 
values of share prices traded on any stock market or exchange; (E) conditions generally affecting the industry in which the Company and its subsidiaries operate; (F) any failure, in and
of itself, to meet internal or published projections, forecasts, targets, or revenue or earnings predictions for any period, as well as any change, in and of itself, by the Company in any projections, forecasts, targets, or revenue or earnings
predictions for any period (provided that the underlying causes of such failures (to the extent not otherwise falling within one of the other exceptions in this proviso) may constitute or be taken into account in determining whether there has
been, is, or would be a Material Adverse Effect); or (G) any change in the price or trading volume of the Common Stock (provided that the underlying causes of such change (to the extent not otherwise falling within one of the other
exceptions in this proviso) may constitute or be taken into account in determining whether there has been, is, or would be a Material Adverse Effect); provided, further, that any Effect referred to in clauses (A) through (E) may
be taken into account in determining whether or not there has been, is, or would be a Material Adverse Effect to the extent such Effect has a disproportionate adverse effect on the Company and its subsidiaries, taken as a whole, as compared to other
similarly situated participants in the industry in which the Company and its subsidiaries operate. 
 (b) Each party acknowledges that it is
not relying upon any representation or warranty of the other party, express or implied, that is not set forth in this Agreement. Amazon acknowledges that it has had an opportunity to conduct such review and analysis of the business, assets,
condition, operations, and prospects of the Company and its subsidiaries, including an opportunity to ask such questions of management and to review such information maintained by the Company and its subsidiaries, in each case as it considers
sufficient for the purpose of consummating the transactions contemplated by the Transaction Documents. Each party further acknowledges that it has had such an opportunity to consult with its own counsel, financial and tax advisers, and other
professional advisers as it believes is sufficient for purposes of the transactions contemplated by the Transaction Documents. 
 
2.2 Representations and Warranties of the Company. Except as set forth in the SEC Reports (other than any information in the “Risk Factors” or “Cautionary Note Regarding Forward-Looking Statements” sections of such SEC
Reports), the Company represents and warrants as of the date of this Agreement, and in the case of the representation in the last sentence of Section 2.2(c), as of the date of each issuance of Warrant Shares, to Amazon
that: 
 (a) Organization and Authority. The Company (i) has been duly incorporated and is validly existing as a corporation in
good standing under the laws of the State of Delaware, with full corporate power and authority to own its properties and conduct its business in all material respects as currently conducted, and, except as would not constitute a Material Adverse
Effect, (A) is duly qualified as a foreign corporation for the transaction of business and (B) is in good standing under the laws of each other jurisdiction in which the ownership or leasing of property or the conduct of its business
requires such qualification, (ii) is a “Citizen of the United States” (“Citizen of the United States”) as defined by Section 40102(a)(15) of Title 49 of United States Code, and as such term is interpreted by the
United States Department of Transportation (“DOT”), (iii) through its Affiliates, (A) holds air carrier certificates and operations specifications issued by the United States Federal Aviation Administration
(“FAA”) pursuant to Section 44705 of Title 49 of the United States Code and corresponding FAA regulations (“FAA Regulations”), (B) holds certificates of public convenience and necessity (and/or
equivalent 

  
 -3- 

 exemption authority) authorizing interstate and foreign air transportation of property and mail issued by
the DOT pursuant to Section 41102 of Title 49 of United States Code (and/or under Section 40109 in the case of exemption authority) and corresponding DOT regulations (“DOT Regulations”), and (C) holds or will
hold any corresponding permits, licenses, authorizations, certificates, exemptions, approvals, waivers, authorizations or similar rights obtained, or required to be obtained, from any Governmental Entity, in each case as is necessary to fulfill the
Company’s obligations pursuant to the Commercial Arrangements. To the knowledge of the Company, each Beneficial Owner of 5% or more of the Common Stock is a Citizen of the United States. The Company has made available to Amazon complete and
correct copies of the Company’s certificate of incorporation and bylaws, as of the date of this Agreement, and each as so delivered is in full force and effect. 

(b) Capitalization. The authorized capital stock of the Company consists of (x) 118,000,000 shares of Common Stock of which, as of 5:00
p.m., Eastern time, on October 19, 2022, 51,411,336 shares were issued and outstanding and no shares were held in treasury, and (y) 2,000,000 shares of preferred stock, $0.0001 par value per share of which, immediately prior to the execution
hereof, three shares were issued and outstanding. As of 5:00 p.m., Eastern time, on October 19, 2022, the Company has (A) no shares of Common Stock subject to restricted stock awards, (B) 1,666 shares of Common Stock subject to issuance
pursuant to outstanding stock options of the Company, (C) 959,486 shares of Common Stock subject to issuance pursuant to restricted stock units and performance-based restricted stock units, (D) 3,430,060 shares of Common Stock available for future
grant under the Company Stock Plans, and (E) 1,134,686 shares of Common Stock subject to issuance pursuant to outstanding warrants of the Company. The outstanding shares of Common Stock have been, and the shares of Common Stock issuable pursuant to
any Company Stock Plan will be, duly authorized and validly issued, fully paid and nonassessable, and subject to no preemptive rights (and were not issued in violation of any preemptive rights, the Company’s certificate of incorporation, or any
Applicable Law). Except as set forth above or pursuant to the Warrant, there are no (1) shares of capital stock or other Equity Securities or voting securities of the Company authorized, reserved for issuance, issued, or outstanding,
(2) options, warrants, calls, preemptive rights, subscription, or other rights, instruments, agreements, arrangements, or commitments of any character obligating the Company or any of its subsidiaries to issue, transfer, or sell or cause to be
issued, transferred, or sold any shares of capital stock or other Equity Securities or voting security in the Company or any securities or instruments convertible into or exchangeable for such shares of capital stock or other Equity Securities or
voting securities or obligating the Company or any of its subsidiaries to grant, extend, or enter into any such option, warrant, call, preemptive right, subscription, or other right, instrument, agreement, arrangement, or commitment,
(3) outstanding contractual obligations of the Company or any of its subsidiaries to repurchase, redeem, or otherwise acquire any capital stock or other Equity Securities or voting securities of the Company, or (4) issued or outstanding
performance awards, units, rights to receive any capital stock, or other Equity Securities or voting securities of the Company on a deferred basis, or rights to purchase or receive any capital stock or Equity Securities or voting securities issued
or granted by the Company to any current or former director, officer, employee, or consultant of the Company. No subsidiary of the Company owns any shares of capital stock or other Equity Securities or voting securities of the Company. There are no
voting trusts or other agreements or understandings to which the Company or any of its subsidiaries is a party with respect to the voting of the capital stock or other Equity Securities or voting securities of the Company. All 

  
 -4- 

 
options granted and shares reserved or issued pursuant to the Company’s 2015 Stock Incentive Plan, 2005 Stock Incentive Plan, and employee stock purchase plan (collectively, the
“Company Stock Plans”) have been granted, reserved, and issued in all material respects in full compliance with their respective Company Stock Plan and Applicable Law. The issuance of the Warrant and the Warrant Shares will
not result in any adjustment to the conversion price or exercise price of any Equity Securities of the Company that are convertible into, or exercisable or exchangeable for, shares of Common Stock. As of immediately after the execution hereof,
assuming the issuance of the Warrant Shares in full, the number of Warrant Shares equals 14.2% of the outstanding shares of Common Stock on a Fully Diluted Basis. 

(c) The Warrant and Warrant Shares. The Warrant has been duly authorized by the Company and constitutes a valid, legal, and binding
obligation of the Company in accordance with its terms, except as the same may be limited by the Bankruptcy Exceptions. The Warrant Shares have been duly authorized and reserved for issuance upon exercise of the Warrant, and when so issued, paid
for, and delivered upon due exercise of the Warrant, will be validly issued, fully paid and nonassessable, and free and clear of any liens or encumbrances, other than liens or encumbrances created by the Transaction Documents, arising as a matter of
Applicable Law or created by or at the direction of Amazon or any of its subsidiaries. 
 (d) Authorization, Enforceability. 

(i) The Company has full power and authority to execute and deliver this Agreement and the other Transaction Documents, as
applicable, to consummate the transactions contemplated hereby and thereby, and to carry out its obligations hereunder and thereunder (except with respect to the issuance of Warrant Shares in an amount in excess of the Warrant Shares Cap, for which
the sole action necessary to make this representation true is to obtain the Requisite Shareholder Approval). The execution, delivery, and performance by the Company of this Agreement and the other Transaction Documents to which it is a party and the
consummation of the transactions contemplated hereby and thereby have been duly authorized by all necessary corporate action on the part of the Company and its shareholders, and no further approval or authorization is required on the part of the
Company or its shareholders. This Agreement and the other Transaction Documents, assuming the due authorization, execution, and delivery by the other parties hereto and thereto, are valid and binding obligations of the Company, enforceable against
the Company and such subsidiary, respectively, in accordance with their respective terms, except as the same may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of
creditors’ rights generally and general equitable principles, regardless of whether such enforceability is considered in a proceeding at law or in equity (“Bankruptcy Exceptions”). 

(ii) The execution, delivery, and performance by the Company of this Agreement and the other Transaction Documents, as
applicable, and the consummation of the transactions contemplated hereby and thereby and compliance by the Company with any of the provisions hereof and thereof, will not (A) violate, conflict with, or result in a breach of any provision of, or
constitute a default (or an event which, with notice or lapse of time or both, would constitute a default) under, or result in the termination of, or 

  
 -5- 

 
accelerate the performance required by, or result in a right of termination or acceleration of, or result in the creation of, any lien, security interest, charge, or encumbrance upon any of the
properties or assets of the Company or any of its subsidiaries under any of the terms, conditions, or provisions of (x) its certificate of incorporation (or analogous organizational documents) or (y) any note, bond, mortgage, indenture,
deed of trust, license, lease, agreement, or other instrument or obligation to which the Company or any of its subsidiaries is a party or by which it or any of its subsidiaries may be bound, or to which the Company or any of its subsidiaries or any
of the properties or assets of the Company or any of its subsidiaries is subject; (B) subject to compliance with the statutes and regulations referred to in Section 2.2(d)(iii), violate any Applicable Law or Order applicable to the Company
or any of its subsidiaries or any of their respective properties or assets except, in the case of clauses (A)(y) and (B), for those occurrences that would not constitute a Material Adverse Effect; (C) result in any payment (including severance,
unemployment compensation, forgiveness of indebtedness, or otherwise) becoming due to any director or any employee of the Company or any of its subsidiaries under any employment, compensation or benefit plan, program, policy, agreement, or
arrangement that is sponsored, maintained, or contributed to by the Company or any of its subsidiaries (each, a “Company Benefit Plan”) or otherwise; (D) increase any benefits otherwise payable under any Company Benefit Plan;
(E) result in any acceleration of the time of payment or vesting of any such benefits; (F) require the funding or acceleration of funding of any trust or other funding vehicle; or (G) constitute a “change in control,”
“change of control,” or other similar term under any Company Benefit Plan; provided, however, that the foregoing shall not be deemed to include payments or other benefits under a Company Benefit Plan that (a) give effect
to the Company’s performance of the Transaction Documents insofar as that performance impacts the Company’s overall results of operations, and (b) are made to any individual whose compensation is based in part on performance related
to a specific territory that is impacted by the Company’s performance of the Transaction Documents. 
 (iii) Other than
(A) such notices, filings, exemptions, reviews, authorizations, consents, or approvals as have been made or obtained as of the date hereof, and (B) notices, filings, exemptions, reviews, authorizations, consents, or approvals as may be
required under, and other applicable requirements of (1) any Antitrust Laws, to the extent applicable, (2) the Exchange Act, (3) the Securities Act, (4) the Principal Trading Market, and (5) FAA Regulations or DOT
Regulations, no notice to, filing with, exemption, or review by, or authorization, consent, or approval of, any Governmental Entity is required to be made or obtained by the Company or any of its subsidiaries in connection with the consummation by
the Company or any of its subsidiaries of the Warrant Issuance and the other transactions contemplated hereby and by the other Transaction Documents, except for any such notices, filings, exemptions, reviews, authorizations, consents, and approvals,
the failure of which to make or obtain, would not constitute a Material Adverse Effect. 
 (e) Company Financial Statements; Internal
Controls. 
 (i) Each of the consolidated financial statements included in the SEC Reports (A) complied as to form, as of
their respective dates of filing with the Commission, in all 

  
 -6- 

 
material respects with the applicable accounting requirements and with the rules and regulations of the Commission, (B) was prepared in accordance with GAAP, in all material respects,
applied on a consistent basis during the periods involved (except as may be indicated in such financial statements or in the notes thereto and subject, in the case of unaudited statements, to normal year-end
audit adjustments and the absence of footnote disclosures), and (C) fairly presents, in all material respects, the consolidated financial position and the consolidated results of operations and cash flows (and changes in financial position, if
any) of the Company and its subsidiaries as of the date and for the periods referred to in such financial statements except to the extent such financial statements have been modified or superseded by later SEC Reports, and except, in the case of the
unaudited statements, as permitted by Rule 10-01 of Regulation S-X under the Exchange Act and pursuant to Sections 13 or 15(d) of the Exchange Act and for normal year-end audit adjustments which would not be material in amount or effect. 
 (ii) Neither
the Company nor any of the Company’s subsidiaries is a party to, or has any commitment to become a party to, any joint venture, off-balance sheet partnership, or any similar agreement or arrangement,
where the result, purpose, or effect of such agreement or arrangement is to avoid disclosure of any material transaction involving, or material liabilities of, the Company or any of its subsidiaries in the SEC Reports (including the financial
statements contained therein). 
 (iii) The Company has designed and maintains a system of internal control over financial
reporting (as defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) sufficient to provide reasonable assurances regarding the reliability of financial reporting.
The Company (A) has designed and maintains disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Exchange Act) to provide
reasonable assurance that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the rules,
regulations, and forms of the Commission, and is accumulated and communicated to the Company’s management as appropriate to allow timely decisions regarding required disclosure, and (B) has disclosed, based on its most recent evaluation of
internal control over financial reporting, to the Company’s outside auditors and the Audit Committee of the Board (x) all significant deficiencies and material weaknesses in the design or operation of internal control over financial
reporting that would reasonably be expected to adversely affect the Company’s ability to record, process, summarize, and report financial information and (y) any fraud, whether or not material, that involves management or other employees
who have a significant role in the Company’s internal control over financial reporting, all of which information described in clauses (x) and (y) above has been disclosed by the Company to Amazon prior to the date hereof. Any material
change in internal control over financial reporting required to be disclosed in any SEC Report has been so disclosed. 
 (iv)
From January 1, 2022, to the date of this Agreement, neither the Company nor any of its subsidiaries has received any material complaint, allegation, assertion, or claim regarding the accounting or auditing practices, procedures, methodologies,
or methods of the Company or any of its subsidiaries or their respective internal accounting controls. 

  
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 (v) Each of the principal executive officer of the Company and the principal
financial officer of the Company (or each former principal executive officer of the Company and each former principal financial officer of the Company, as applicable) has made all certifications required by Rules
13a-14 and 15d-14 under the Exchange Act and Sections 302 and 906 of the Sarbanes-Oxley Act of 2002, as amended (“SOX”), with respect to the SEC
Reports, and the statements contained in such certifications were true and complete on the date such certifications were made. For purposes of this Agreement, “principal executive officer” and “principal financial officer” shall
have the meanings given to such terms in SOX. 
 (f) No Material Adverse Effect. From January 1, 2022, to the date of this
Agreement, no Material Adverse Effect has occurred. 
 (g) Reports. 

(i) From January 1, 2022, to the date of this Agreement, the Company has complied in all material respects with the filing
requirements of Sections 13(a), 14(a), and 15(d) of the Exchange Act and of the Securities Act. 
 (ii) The SEC Reports, when
they became effective or were filed with the Commission as the case may be, complied in all material respects with the requirements of the Securities Act, the Exchange Act, and SOX as applicable, and none of such documents, when they became
effective or were filed with the Commission, as the case may be, contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein, in light of the
circumstances under which they were made, not misleading, except to the extent such statements have been modified or superseded by later SEC Reports filed or furnished and publicly available prior to the date of this Agreement. 

(h) Litigation and Liabilities. From January 1, 2022 to the date of this Agreement, (a) there have been, and there are, no
civil, criminal, or administrative actions, suits, claims, hearings, arbitrations, investigations, or other proceedings pending, or to the knowledge of the Company, threatened against the Company or any of its subsidiaries that (i) relate to
the Warrant or Warrant Shares, (ii) challenge the validity or enforceability of the Company’s obligations under this Agreement or the Transaction Documents to which the Company is or will be a party, or (iii) would, individually or in
the aggregate, reasonably be likely to have a Material Adverse Effect, or (b) neither the Company nor any of its subsidiaries has incurred any obligations or liabilities that, individually or in the aggregate, have had or would likely result in
a Material Adverse Effect. Neither the Company nor any of its subsidiaries is a party to or subject to the provisions of any material judgment, order, writ, injunction, decree, or award of any Governmental Entity. 

(i) Anti-Takeover Provisions. The actions taken by the Board to approve this Agreement, the Transaction Documents, and the transactions
contemplated hereby and thereby, 

  
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assuming the accuracy of the representations and warranties of Amazon set forth in Section 2.3(c), constitute all action necessary to render inapplicable to this
Agreement, the Transaction Documents, and the transactions contemplated hereby and thereby the Anti-Takeover Provisions. The Company is not a party to any shareholder rights plan or “poison pill” agreement. 

(j) Related-Party Transactions. The Company is not party to any transaction or arrangement that would be required to be disclosed under
Item 404 of Regulation S-K promulgated under the Securities Act. 
 (k) Registration Rights.
The Company has not granted to any Person the right to request or require the Company to register any securities issued by the Company other than the rights granted to Amazon pursuant to Article VI of this Agreement. 

(l) Brokers; Fees and Expenses. No broker, investment banker, financial advisor or other person is entitled to any broker’s,
finder’s, financial advisor’s, or other similar fee or commission, or the reimbursement of expenses, in connection with the transactions contemplated by this Agreement or the other Transaction Documents based upon arrangements made by or
on behalf of the Company. 
 2.3 Representations and Warranties of Amazon. Amazon hereby represents
and warrants as of the date of this Agreement to the Company that: 
 (a) Organization. 

(i) Amazon has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of
Delaware, with the corporate power and authority to own its properties and conduct its business in all material respects as currently conducted. 

(ii) NV Holdings has been duly organized and is validly existing as a limited liability company in good standing under the laws
of the State of Nevada, with the corporate or analogous power and authority to own its properties and conduct its business in all material respects as currently conducted. 

(b) Authorization, Enforceability. 

(i) Amazon and each of its subsidiaries that is a party to any other Transaction Document have the corporate or analogous power
and authority to execute and deliver this Agreement and the other Transaction Documents to which they are a party, to consummate the transactions contemplated hereby and thereby, and to carry out their obligations hereunder and thereunder. The
execution, delivery, and performance by Amazon, and by each of its subsidiaries that is a party to any other Transaction Document, as applicable, of this Agreement and the other Transaction Documents to which it is a party and the consummation of
the transactions contemplated hereby and thereby have been duly authorized by all necessary corporate or analogous action on its part, or such subsidiary’s part, as applicable, and no further approval or authorization is required on its part,
or such subsidiary’s part, as applicable. This Agreement and the 

  
 -9- 

 
other Transaction Documents, assuming the due authorization, execution, and delivery by the other parties hereto and thereto, are valid and binding obligations of Amazon and such subsidiary, as
applicable, enforceable against it and such subsidiary, as applicable, in accordance with their respective terms, except as the same may be limited by Bankruptcy Exceptions. Notwithstanding anything to the contrary contained herein, the exercise of
the Warrant may require further board of directors (or analogous) approvals or authorizations on the part of Amazon or such subsidiary, as applicable (the “Exercise Approval”). 

(ii) The execution, delivery, and performance by Amazon, or any such subsidiary, as applicable, of this Agreement and the other
Transaction Documents to which it or any such subsidiary is a party and the consummation of the transactions contemplated hereby and thereby and compliance by it, and such subsidiary, as applicable, with any of the provisions hereof and thereof,
will not (A) violate, conflict with, or result in a breach of any provision of, or constitute a default (or an event which, with notice or lapse of time or both, would constitute a default) under, or result in the termination of, or accelerate
the performance required by, or result in a right of termination or acceleration of, or result in the creation of, any lien, security interest, charge, or encumbrance upon any of its properties or assets under any of the terms, conditions, or
provisions of (x) subject to Exercise Approval, its, or such subsidiary’s, as applicable, organizational documents or (y) any note, bond, mortgage, indenture, deed of trust, license, lease, agreement, or other instrument or obligation
to which it, or such subsidiary, as applicable, is a party or by which it, or such subsidiary, as applicable, may be bound, or to which it, or such subsidiary, as applicable, or any of its, or such subsidiary’s, as applicable, properties or
assets are subject, or (B) subject to compliance with the statutes and regulations referred to in the next paragraph, violate any Applicable Law or Order applicable to it, or such subsidiary, as applicable, or any of its, or such
subsidiary’s, as applicable, properties or assets except, in the case of clauses (A)(y) and (B), for those occurrences that, individually or in the aggregate, have not had and would not reasonably be expected to have a material adverse effect
on the ability of Amazon to complete the transactions contemplated by the Transaction Documents or to perform its obligations under the Transaction Documents. 

(iii) Other than (A) such notices, filings, exemptions, reviews, authorizations, consents, or approvals as have been made
or obtained as of the date hereof, and (B) notices, filings, exemptions, reviews, authorizations, consents, or approvals as may be required under, and other applicable requirements of (1) any Antitrust Laws, to the extent applicable,
(2) the Exchange Act, (3) the Securities Act, and (4) FAA Regulations or DOT Regulations, no notice to, filing with, exemption, or review by, or authorization, consent, or approval of, any Governmental Entity is required to be made or
obtained by Amazon or any of its subsidiaries in connection with the consummation by Amazon or any of its subsidiaries of the Warrant Issuance and the other transactions contemplated hereby and by the other Transaction Documents, except for any such
notices, filings, exemptions, reviews, authorizations, consents and approvals the failure of which to make or obtain have not had and would not reasonably be expected to have, individually or in the aggregate, a material adverse effect on the
ability of Amazon to complete the transactions contemplated by the Transaction Documents or to perform its obligations under the Transaction Documents. 

  
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 (c) Ownership. Other than pursuant to this Agreement and the other Transaction
Documents, neither Amazon nor NV Holdings is the Beneficial Owner of (i) any shares of Common Stock or (ii) any securities or other instruments representing the right to acquire shares of Common Stock. 

(d) Brokers; Fees and Expenses. No broker, investment banker, financial advisor, or other person is entitled to any broker’s,
finder’s, financial advisor’s, or other similar fee or commission, or the reimbursement of expenses, in connection with the transactions contemplated by this Agreement or the other Transaction Documents based upon arrangements made by or
on behalf of Amazon or NV Holdings. 
 2.4 Survival. The representations and warranties in this
Agreement shall survive for 12 months following the Closing; provided that (i) the representations in Sections 2.2(a), (b), (c), (d), and (l) and Sections 2.3(a), (b), (c) and
(d) shall survive until the six-month anniversary of the earlier of (A) the Expiration Time and (B) the date of issuance of Warrant Shares pursuant to the exercise of all remaining
Warrants, such that each Warrant has either lapsed and become null and void or been exercised in accordance with the terms of the Warrant. The parties agree that the limitations set out herein shall not apply in the event of gross negligence, fraud,
intentional misrepresentation or intentional breach on the part of the party giving the relevant representation and warranty. 
 ARTICLE
III 
 COVENANTS 
 
3.1 Efforts. 
 (a) Without prejudice to the terms and conditions hereof (including the remainder of this
Section 3.1 and Section 3.6) and the other Transaction Documents, each party shall use its commercially reasonable efforts to take, or cause to be taken, all actions and to do, or cause to be done,
all things necessary, proper, or desirable under Applicable Law to carry out the provisions hereof and thereof and give effect to the transactions contemplated hereby and thereby. In furtherance and not in limitation of the foregoing, each of the
parties shall (i) subject to the provisions of this Section 3.1, including Section 3.1(d), use its commercially reasonable efforts to obtain as promptly as reasonably practicable and advisable
(as determined in good faith by Amazon after consultation with the Company in accordance with the first sentence of Section 3.1(d)) all exemptions, authorizations, consents, or approvals from, and to make all filings with
and to give all notices to, all third parties, including any Governmental Entities, required in connection with the transactions contemplated by this Agreement and the other Transaction Documents (including as may be required upon one or more
exercises of Warrant Shares, and whether such approvals arise from Antitrust Laws or otherwise, or one or more sales of Warrant Shares), which, for the avoidance of doubt, shall include providing, as promptly as reasonably practicable and advisable,
such information to any Governmental Entity as such Governmental Entity may request in connection therewith, and (ii) cooperate fully with the other party in promptly seeking to obtain all such exemptions, authorizations, consents, or approvals
and to make all such filings and give such notices. 

  
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 (b) Without limiting the generality of the foregoing, as promptly as practicable after
written notice from Amazon, and in any event no later than in accordance with established regulatory time frames, the parties shall (i) file any Notification and Report Forms required or advisable under the HSR Act with the Federal Trade
Commission and the United States Department of Justice and (ii) file, make or give, as applicable, all other filings, requests, or notices required or advisable under any other Antitrust Laws, in each case with respect to the issuance of the
Warrant Shares (the “Initial Filing Transaction”) (the filings, requests and notices described in the foregoing clauses (i) and (ii), collectively, the “Initial Antitrust Filings”). In addition, following the
receipt of the Initial Antitrust Clearance, to the extent required or advisable by Applicable Law (including, for the avoidance of doubt, any Antitrust Law) in connection with any further issuance of Warrant Shares (in each case, whether in full or
in part), the parties shall file, make, or give, as applicable, as promptly as reasonably practicable and advisable (as determined in good faith by Amazon after consultation with the Company in accordance with the first sentence of
Section 3.1(d)), any further filings, requests, or notices required under any Antitrust Laws, including the HSR Act. Without limiting the generality of the foregoing, each party shall supply as promptly as reasonably
practicable to the appropriate Governmental Entities, and in any event no later than in accordance with established regulatory time frames, any information and documentary material that may be required pursuant to the HSR Act or any other Antitrust
Laws. For purposes of this Agreement, the term “Initial Antitrust Clearance” as of any time means (x) prior to such time, the expiration or termination of the waiting period under the HSR Act and the receipt of all
exemptions, authorizations, consents, or approvals, the making of all filings and the giving of all notices, and the expiration of all waiting periods, pursuant to any other Antitrust Laws, in each case to the extent required with respect to the
Initial Filing Transaction, and (y) the absence at such time of any Applicable Law or Order issued by any court of competent jurisdiction or other legal restraint or prohibition under any Antitrust Law, in each case that has the effect of
preventing the consummation of any issuances of Warrant Shares. 
 (c) Subject to the terms and conditions hereof (including the remainder
of this Section 3.1) and the other Transaction Documents, and only to the extent required under the Antitrust Laws, each of the parties shall use its commercially reasonable efforts to avoid or eliminate each and every
impediment under any Antitrust Laws that may be asserted by any Governmental Entity, so as to enable the parties to give effect to the transactions contemplated hereby and by the other Transaction Documents in accordance with the terms hereof and
thereof; provided, that notwithstanding anything to the contrary contained herein or in any of the other Transaction Documents, nothing in this Section 3.1 shall require, or be construed to require, any party or any
of its Affiliates to agree to (and no party or any of its Affiliates shall agree to, without the prior written consent of the other parties): (i) sell, hold separate, divest, discontinue, or limit (or accept any conditions relating to, or changes or
restrictions in, the operation of) any assets, businesses, or interests of it or its Affiliates (irrespective of whether or not such assets, businesses, or interests are related to, are the subject matter of, or could be affected by the transactions
contemplated by the Transaction Documents); (ii) without limiting clause (i) in any respect, accept any conditions relating to, or changes or restrictions in, the operations of any such assets, businesses, or interests that would reasonably be
expected to adversely impact (x) the 

  
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business of, or the financial, business, or strategic benefits of, the transactions contemplated hereby or by any of the other Transaction Documents to it or its Affiliates, or (y) any other
assets, businesses, or interests of it or its Affiliates; (iii) without limiting clause (i) in any respect, accept any modification or waiver of the terms and conditions of this Agreement or any of the other Transaction Documents that
would reasonably be expected to adversely impact (x) the business of, or financial, business, or strategic benefits of, the transactions contemplated hereby or by any of the other Transaction Documents to it or its Affiliates, or (y) any
other assets, businesses, or interests of it or its Affiliates; or (iv) without limiting clause (i) in any respect, take any action that would materially impair the value to Amazon of the transactions contemplated hereby. 

(d) Amazon shall have the principal responsibility for devising and implementing the strategy (including with respect to the timing of
filings) for obtaining any exemptions, authorizations, consents, or approvals required or advisable under the HSR Act or any other Antitrust Laws in connection with the transactions contemplated hereby and by the other Transaction Documents;
provided, however, that Amazon shall consult in advance with the Company regarding the overall antitrust strategy. Each of the parties shall promptly notify the other party of, and if in writing, furnish the other with copies of (or,
in the case of oral communications, advise the other of), any substantive communication that it or any of its Affiliates receives from any Governmental Entity, whether written or oral, relating to the matters that are the subject of this Agreement
or any of the other Transaction Documents, and to the extent reasonably practicable, permit the other party to review in advance any proposed substantive written communication by such party to any Governmental Entity and consider in good faith the
other party’s reasonable comments on any such proposed substantive written communications prior to their submission. No party shall, and each party shall cause its Affiliates not to, participate or agree to participate in any substantive
meeting or communication with any Governmental Entity in respect of the subject matter of the Transaction Documents, including on a “no names” or hypothetical basis, unless (to the extent practicable) it or they consult with the other
party in advance, and to the extent practicable and permitted by such Governmental Entity, give the other party the opportunity to jointly prepare for, attend, and participate in such meeting or communication. The parties shall (and shall cause
their subsidiaries and Representatives to) coordinate and cooperate fully with each other in exchanging such information and providing such assistance as the other party may reasonably request in connection with the matters described in this
Section 3.1, including (x) furnishing to each other all information reasonably requested to determine the jurisdictions in which a filing or submission under any Antitrust Law is required or advisable,
(y) furnishing to each other all information required for any filing or submission under any Antitrust Law, and (z) keeping each other reasonably informed with respect to the status of each exemption, authorization, consent, approval,
filing, and notice under any Antitrust Law, in each case, in connection with the matters that are the subject of this Agreement or any of the other Transaction Documents. The parties shall provide each other with copies of all substantive
correspondence, filings, or communications between them or any of their Affiliates or Representatives, on the one hand, and any Governmental Entity or members of its staff, on the other hand, relating to the matters that are the subject of this
Agreement or any of the other Transaction Documents; provided that such material may be redacted as necessary to (1) comply with contractual arrangements, (2) address good faith legal privilege or confidentiality concerns, and
(3) comply with Applicable Law. 

  
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 (e) Subject to the other provisions of this Agreement, including in this
Section 3.1, in the event that any arbitral, administrative, judicial, or analogous action, claim, or proceeding is instituted (or threatened to be instituted) by a Governmental Entity or any other third party relating to
or in connection with the transactions contemplated hereby or by any of the other Transaction Documents (“Transaction Litigation”), neither party shall be required to contest and resist any such Transaction Litigation or to seek to
have vacated, lifted, reversed, or overturned any judgment, ruling, order, writ, injunction, or decree, whether temporary, preliminary, or permanent, that is in effect and that prohibits, prevents, or restricts consummation or implementation of the
transactions contemplated hereby or by any of the other Transaction Documents. Upon the issuance of a non-appealable permanent judgment, ruling, order, writ, injunction, or decree in any Transaction Litigation
that prohibits, prevents, or restricts consummation or implementation of the transactions contemplated hereby or by any of the other Transaction Documents, this Agreement and the Warrant shall immediately and automatically be terminated; provided,
however, that the parties hereto agree to cooperate with each other to execute and deliver any further instruments or documents and to take all such further action (1) to make Amazon and the Company economically the same as if the Warrant had
not terminated, including, without limitation, providing for the benefit of Amazon’s vesting under the Warrant that occurred prior to such automatic termination, and (2) with respect to unvested Warrant Shares, to preserve for Amazon the
effect of Vesting Events occurring after such automatic termination, assuming such Vesting Events occur; provided further that, for the avoidance of doubt, this sentence shall not apply in the event of a termination of this Agreement pursuant to
Section 8.1(a)(ii). Each party shall keep the other party reasonably informed with respect to any Transaction Litigation unless doing so would reasonably be likely to jeopardize any privilege of such party regarding any
such Transaction Litigation (subject to such party using commercially reasonable efforts to develop and implement, and cooperating in good faith with the other party in developing and implementing, reasonable alternative arrangements to provide such
other party with such information). Subject to the immediately preceding sentence, each party shall promptly advise the other party orally and in writing in connection with, and shall consult with each other with respect to, any Transaction
Litigation and shall in good faith give consideration to each other’s advice with respect to such Transaction Litigation. 
 (f) In the
event of Transaction Litigation where a party hereto or its Affiliates is a named defendant and the other party hereto or its Affiliates is not a named defendant, the party who is or its Affiliates are a named defendant shall reimburse the other
party for its reasonable out-of-pocket expenses incurred in connection with such Transaction Litigation; provided that, in the case of any Transaction Litigation
which arises under the HSR Act or any of the Antitrust Laws, each of the Company and Amazon shall bear its own expenses. 
 (g) Without
limiting the generality of the foregoing, as promptly as practicable after written notice from Amazon that Amazon intends to exercise any Warrant that would result in Amazon having beneficial control of 10% or more of the Common Stock, which notice
shall be at least forty-five (45) days before the date that Amazon intends such exercise, Amazon and the Company shall jointly file a “Notice of Substantial Change of Ownership” with the DOT. Amazon and the Company shall
cooperate fully in promptly providing information required to be submitted with the DOT pursuant to 14 CFR Part 204 and responding to any associated information requests of the DOT in its review of the substantial change in the Company’s
ownership and in seeking a “comfort letter” from the DOT in connection therewith. 

  
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 (h) Notwithstanding anything herein to the contrary, from and after the earlier of
(i) the exercise of the Warrant in full or (ii) the expiration, termination, or cancellation of the Warrant without the Warrant having been exercised in full, no party shall have any further obligations under this
Section 3.1; provided, that this Section 3.1(h) shall in no way relieve any party with respect to any breach by such party of this Section 3.1 prior to such time.

 3.2 Public Announcements. 

(a) The parties acknowledge that the Company’s initial announcement of the transactions contemplated by this Agreement and the other
Transaction Documents to customers, suppliers, investors, employees, and otherwise (the “Initial Announcement”) and the timing thereof has been agreed by the parties. Other than the transmission of the Initial Announcement at the
time mutually agreed upon by the parties, except as required by Applicable Law or by the rules or requirements of any stock exchange on which the securities of a party are listed, no party shall make, or cause to be made, or permit any of its
Affiliates to make, any press release or public announcement or other similar communications in respect of the Transaction Documents or the transactions contemplated thereby without prior written consent (not to be unreasonably withheld,
conditioned, or delayed) of the other party, to the extent such release, announcement, or communication relates to the transactions contemplated hereby or by any of the other Transaction Documents. Notwithstanding the foregoing, no party shall be
required to receive the consent of the other party to any release, announcement, or communication (including any filing required to be made under the Exchange Act or the Securities Act) to the extent such release, announcement, or communication
solely includes information (i) with respect to the transactions contemplated hereby or by any of the other Transaction Documents that is consistent with the Initial Announcement, provided that such release, announcement, or
communication follows the Initial Announcement; (ii) that is consistent with releases, announcements, or other communications previously consented to by the other party in accordance with this Section 3.2; (iii) that
is required to be disclosed under GAAP; (iv) that has previously been released by either of the parties hereto in respect of the transactions contemplated hereby or the Transaction Documents without any violation of the terms of this Agreement;
or (v) as may be required in connection with any Form 4, Schedule 13D, Schedule 13G, Form 8-K, Form 10-Q, Form 10-K,
Schedule 14A, or other disclosure required by the Commission, the Principal Trading Market, or other Governmental Entity to be made by Amazon or the Company in connection with the transactions contemplated by the Transaction Documents.
Notwithstanding the preceding sentence, to the extent any disclosure (including communications with investors and analysts) relates to the Transaction Documents or any transaction contemplated thereby and contains any information inconsistent with
the Initial Announcement or releases, announcements, or other communications previously consented to by the other party in accordance with this Section 3.2 or that has previously been released by either of the parties
hereto in respect of the transactions contemplated hereby or the Transaction Documents without any violation of the terms of this Agreement, such disclosure shall be subject to the prior consent of the other party (unless it is required to be in
such form under Applicable Law), which shall not be unreasonably withheld, conditioned, or delayed. 
 (b) Without limiting the foregoing,
in recognition of the importance to the Company and Amazon of taking appropriate steps to maintain the confidentiality of agreements between the parties from the parties’ customers, competitors, and suppliers, in the event that the

  
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Company is requested by the Commission, the Principal Trading Market, or any other regulatory body or stock exchange (the Commission, the Principal Trading Market, and each such other regulatory
body or stock exchange, a “Disclosure Agency”), or legally required to file or otherwise submit any agreement to which Amazon is a party (each a “Disclosable Agreement”), or any excerpt from, summary of, or
information relating to any Disclosable Agreement with or to a Disclosure Agency, the filing or submission of which involves or could result in public disclosure of such Disclosable Agreement or excerpt therefrom, summary thereof, or information
relating thereto, the Company will (1) promptly notify Amazon of such request or requirement to file or otherwise submit the Disclosable Agreement or any excerpt therefrom, summary thereof, or information relating thereto and any applicable
deadline for making such filing or submission, (2) use reasonable efforts to persuade the Disclosure Agency that the Company is not required to file or otherwise submit the Disclosable Agreement pursuant to Applicable Laws, and, to the extent
such efforts are not successful, (3) provide Amazon with a reasonable opportunity to request (i) a redaction of any information in the Disclosable Agreement or excerpt therefrom, summary thereof, or information relating thereto (in
addition to any redactions proposed by the Company) prior to filing or submitting such Disclosable Agreement, excerpt therefrom, summary thereof, or information relating thereto, and (ii) if requested or required by the Disclosure Agency, the
submission of one or more confidential treatment requests in support of such redactions with such arguments as requested by Amazon, including in response to any comments or requests for information issued by the applicable Disclosure Agency, to
which, in each case, the Company shall agree absent a reasonable basis for objection (and shall provide Amazon prompt notice of any such objection and the basis therefor and a reasonable opportunity to consider and discuss such objection with the
Company), (4) provide Amazon (i) with copies of any comments and all other communications received from the applicable Disclosure Agency with respect to the Disclosable Agreement or confidential treatment thereof (including a reasonable summary
of any oral communications or other comments received other than in writing) as promptly as reasonably practicable and (ii) with the Company’s proposed response to such comments at least three Business Days before such response is
submitted to the applicable Disclosure Agency, and (5) provide Amazon with a reasonable opportunity to propose revisions within such time period to such proposed response as requested by Amazon, and which revisions the Company shall make absent
a reasonable basis for objection (and shall provide Amazon prompt notice of any such objection and the basis therefor and a reasonable opportunity to consider and discuss such objection with the Company), and as applicable, use its commercially
reasonable efforts in responding to any such comments in order to pursue assurance that confidential treatment will be granted. The Company will not file this Agreement, any Disclosable Agreement, any excerpt therefrom, summary or portion thereof,
or information relating thereto with any Governmental Entity or regulatory body, including any Disclosure Agency, or disclose any other confidential and/or commercially sensitive information in any manner, except to the extent (i) permitted
above, or (ii) the Company determines in good faith based on the advice of counsel (which may include in-house legal counsel) that making such filing or submission without adhering to the requirements set
forth above is necessary to comply with Applicable Law. Notwithstanding anything in Section 8.1 of this Agreement to the contrary, the provisions of this Section 3.2(b) will survive for so long as
any Commercial Arrangements remain in effect. 
 3.3 Expenses. Unless otherwise provided in any
Transaction Document, each of the parties shall bear and pay all costs and expenses incurred by it or on its behalf in connection with the transactions contemplated under the Transaction Documents, including fees and expenses of its own financial or
other consultants, investment bankers, accountants, and counsel. 

  
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 3.4 Board Observer. 

(a) The Company agrees that, from and after any such time as the number of shares of Common Stock (including exercised Warrant Shares) held by
NV Holdings, Amazon, and any of their respective subsidiaries, equal at least 2,570,567 shares of Common Stock (the “Observer Threshold”), Amazon shall have the right, but not the obligation, to designate an employee of Amazon or
any of its subsidiaries (any such individual, the “Amazon Observer”) to attend all meetings of the Board (whether in person, electronically or telephonically at the Amazon Observer’s option) in a
non-voting, observer capacity, which Amazon Observer shall be approved by the Board if such Amazon Observer is not a member of Amazon’s corporate development team or Amazon Air business unit with
experience in aspects of Amazon’s air cargo transportation or related services (such approval not to be unreasonably withheld, conditioned, or delayed). In this respect, the Company shall provide to the Amazon Observer notice of such meetings
and, subject to Section 5.1(c), a copy of the meeting materials at the same time as provided to the members of the Board in their capacity as such. The Company acknowledges and agrees that the Amazon Observer will not owe
any fiduciary duties or any other similar obligations or duties, including in law or equity, to the Company, its subsidiaries, or its shareholders and may act at all times in the best interests of NV Holdings, Amazon, and any of their respective
Affiliates. 
 (b) Notwithstanding the above, the Amazon Observer shall not be entitled to attend and otherwise participate in, and shall,
to the extent applicable, waive notice of and recuse themselves from, such meetings or portions thereof and shall not be entitled to receive any information, in each case (i) to the extent relating to Amazon, this Agreement, any other
Transaction Documents or the transactions contemplated hereby or thereby or any dispute related thereto or between Amazon or any of its subsidiaries on the one hand and the Company and any of its subsidiaries on the other hand, (ii) to the
extent such information involves company pricing data or competitively sensitive information regarding specific arrangements or transactions with the Company’s customers, vendors or partners, (iii) if the Company believes based on the good
faith advice of counsel (which may include in-house legal counsel) that providing such information would violate Applicable Law (in which case the Company shall notify Amazon of such belief and the Company and
Amazon shall consult and cooperate in good faith in determining whether the Company is legally prohibited from providing such information to the Amazon Observer), or (iv) where the Company determines based upon good faith advice of counsel
(which may include in-house legal counsel) that providing such information (A) would reasonably be expected to jeopardize an attorney-client privilege or cause a loss of attorney work product protection
or (B) would violate a contractual confidentiality obligation to any third party; provided, that, with respect to clauses (ii) through (iv), the Company uses commercially reasonable efforts and cooperates in good faith with the
Amazon Observer to provide the Amazon Observer with the intended benefits of this Section 3.4. Any Confidential Information provided to the Amazon Observer shall be subject to, and considered “Confidential
Information” under, the Confidentiality Agreement and Amazon will cause the Amazon Observer to comply with the Confidentiality Agreement for the term of such agreement. In the event of the expiration of the Confidentiality Agreement prior to
the termination of this Agreement, Amazon shall enter 

  
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into a confidentiality agreement on substantially the same terms as the Confidentiality Agreement with the Company. Amazon shall be responsible for any breach of the Confidentiality Agreement by
the Amazon Observer. 
 (c) Promptly upon the occurrence of (i) NV Holdings, Amazon, and any of their respective subsidiaries holding
Warrant Shares and vested Warrant Shares subject to exercise pursuant to the Warrant less than the Observer Threshold or (ii) the termination of the Commercial Arrangements, all obligations of the Company with respect to, and all rights of,
Amazon and the Amazon Observer pursuant to this Section 3.4 shall terminate and, unless otherwise consented to by a majority of the members of the Board, Amazon shall cause the Amazon Observer to cease attending meetings of
the Board. 
 3.5 Tax Treatment. Amazon and the Company agree to treat the Warrant Issuance
(i) as a closed, taxable transaction occurring on the date of the Warrant Issuance, rather than as an open transaction, for U.S. federal, state, and local tax purposes, and (ii) not as a transaction in connection with the performance of
services within the meaning of Section 83 of the Code. Amazon shall control the valuation of the Warrant for all relevant U.S. federal, state, and local tax purposes and shall engage a nationally recognized valuation firm to prepare such
valuation within a reasonable amount of time following the date hereof. Neither Amazon nor the Company shall take any position for tax purposes that is inconsistent with the foregoing, unless required by a determination (within the meaning of
Section 1313(a) of the Code). 
 3.6 Shareholder Approval. 

(a) At the first annual meeting (together with any subsequent annual meetings at which the Requisite Shareholder Approval is sought, the
“Company Shareholder Meeting”) of the shareholders of the Company (the “Company Shareholders”) following the date hereof, the Company shall submit the issuance of any Warrant Shares in excess of the Warrant Shares
Cap to the Company Shareholders for a vote pursuant to the applicable rules of the NASDAQ Stock Market, including but not limited to, NASDAQ Rule 5635(b) and 5635(d) (the “Requisite Shareholder Approval”). The Company may postpone
or adjourn the Company Shareholder Meeting from time to time for up to 30 days in the aggregate. After such period, the Company Shareholder Meeting may only be postponed or adjourned in accordance with the Company’s certificate of
incorporation, bylaws or as otherwise required by Applicable Law if the Company determines that in good faith (after reasonable consultation with Amazon) (w) it is probable that the proposals regarding the Requisite Shareholder Approval will
not be obtained, (x) there is an insufficient number of shares of the Company’s capital stock present or represented by a proxy at the Company Shareholder Meeting to conduct business at the Company Shareholder Meeting, (y) the Company
is required to postpone or adjourn the Company Shareholder Meeting by Applicable Law or a request from the Commission or its staff, or (z) it is necessary or appropriate to postpone or adjourn the Company Shareholder Meeting in order to give
the Company Shareholders sufficient time to evaluate any supplemental information or disclosure that the Company has sent or otherwise made available to them; provided, however, the date of the Company Shareholder Meeting may not be
postponed or adjourned more than an aggregate of an additional 15 days in connection with any postponement or adjournment. If, despite the Company’s commercially reasonable efforts as provided in Section 3.6(b), the
Requisite Shareholder Approval is not obtained at the Company Shareholder Meeting, the Company shall, 

  
 -18- 

 
at Amazon’s written request prior to the filing of the proxy statement for the next annual meeting of the shareholders of the Company, seek to obtain such Requisite Shareholder Approval at
the next annual meeting of the shareholders of the Company. Amazon may request, as set forth above, that the Company attempt to obtain the Requisite Shareholder Approval until the Expiration Time. 

(b) The Company shall use its commercially reasonable efforts to obtain the Requisite Shareholder Approval. Without limiting the foregoing,
the Board shall, subject to Section 3.6(c): (w) recommend that the Company Shareholders vote in favor of the Requisite Shareholder Approval (the “Company Board Recommendation”), (x) use commercially
reasonable efforts to solicit proxies in favor of the Requisite Shareholder Approval in accordance with this Section 3.6(b), (y) use commercially reasonable efforts to obtain commitments from each of the directors and
executive officers of the Company to vote in favor of the Requisite Shareholder Approval, and (z) include a statement in the proxy statement to the effect that the Board recommends that the Company Shareholders vote in favor of the Requisite
Shareholder Approval. The Company shall engage an appropriate proxy solicitor to perform customary and reasonable solicitation efforts, solely at the Company’s expense, in order to obtain the Requisite Shareholder Approval. 

(c) Amazon shall have the right, at its option, to require the Company to negotiate in good faith with Amazon to amend the terms of the
Warrant and the other Transaction Documents in order to ensure that Amazon obtains all of the benefits intended to be conferred in connection with this Agreement and the transactions contemplated hereby, if the Board in good faith determines (based
on the advice of outside legal counsel) that the following actions were necessary for the Board’s fiduciary duties under Applicable Law, and took any of such following actions: (i) failing to make the Company Board Recommendation,
(ii) withdrawing, changing, or qualifying in any manner adverse to Amazon, the Company Board Recommendation or (iii) failing to include the Company Board Recommendation in the proxy statement when disseminated to the Company Shareholders;
provided, however, for the avoidance of doubt, this Section 3.6(c) shall not apply if the Company Board Recommendation has been made and remains in effect and the Company complies with this Agreement but fails to obtain the
Requisite Shareholder Approval. 
 (d) In connection with the Company Shareholder Meeting, the Company shall promptly prepare (and Amazon
shall reasonably cooperate with the Company to prepare) and file with the Commission a preliminary proxy statement, shall use its commercially reasonable efforts to respond to any comments of the Commission or its staff and to cause a definitive
proxy statement related to such meeting to be mailed to the Company Shareholders as promptly as practicable after clearance thereof by the Commission. The Company shall notify Amazon promptly (and in any event, within two Business Days) of the
receipt of any comments from the Commission or its staff with respect to the proxy statement and of any request by the Commission or its staff for amendments or supplements to such proxy statement or for additional information and shall supply
Amazon with copies of all correspondence between the Company or any of its Representatives, on the one hand, and the Commission or its staff, on the other hand, with respect to such proxy statement. If at any time prior to the Company Shareholder
Meeting there shall occur any event or the Company becomes aware of any information that is required by Applicable Law to be set forth in an amendment or supplement to the proxy statement, the 

  
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Company shall as promptly as reasonably practicable prepare and make available to the Company Shareholders such an amendment or supplement. To the extent that any information in the proxy
statement shall have become false or misleading in any material respect, the Company shall as promptly as reasonably practicable prepare and furnish to the Company Shareholders an amendment or supplement to correct such information to the extent
required by Applicable Laws. The Company shall consult with Amazon prior to filing any proxy statement, or any amendment or supplement thereto, or responding to any comments from the Commission or its staff with respect thereto, and provide Amazon
with no less than two full Business Days to comment thereon, and consider in good faith any comments proposed by Amazon. 
 (e) The Company
shall take reasonable measures to ensure that all proxies solicited in connection with the Company Shareholder Meeting are solicited in compliance with Applicable Law. The Company shall regularly provide updates to Amazon on voting totals with
respect to the Requisite Shareholder Approval. 
 (f) Amazon shall furnish the Company all information reasonably requested by the Company
concerning itself, its Affiliates, directors, officers, shareholders and such other matters as may be reasonably necessary or advisable in connection with the proxy statement in connection with the Company Shareholder Meeting. 

ARTICLE IV 
 ADDITIONAL
AGREEMENTS 
 4.1 Acquisition for Investment. Amazon (for itself and on behalf of the NV
Holdings) acknowledges that the issuance of the Warrant and the Warrant Shares has not been registered under the Securities Act or under any state securities laws. Amazon (for itself and on behalf of the NV Holdings) (i) acknowledges that it is
acquiring the Warrant and the Warrant Shares pursuant to an exemption from registration under the Securities Act solely for its own account for investment with no present intention to distribute them to any person in violation of the Securities Act
or any other applicable state securities laws, (ii) agrees that it shall not (and shall not permit its subsidiaries to) sell or otherwise dispose of the Warrant or the Warrant Shares, except in compliance with the registration requirements or
exemption provisions of the Securities Act and any applicable state securities laws and the terms of this Agreement and the Warrant, (iii) acknowledges that it has such knowledge and experience in financial and business matters and in
investments of this type that it is capable of evaluating the merits and risks of the Warrant Issuance and of making an informed investment decision, and has conducted a review of the business and affairs of the Company that it considers sufficient
and reasonable for purposes of consummating the Warrant Issuance, (iv) acknowledges that it is able to bear the economic risk of the Warrant Issuance and is able to afford a complete loss of such investment, and (v) acknowledges that it is
an “accredited investor” (as that term is defined by Rule 501 under the Securities Act). 
 4.2
Legend. Amazon (for itself and on behalf of the NV Holdings) agrees that all book-entries or other instruments representing the Warrant and the Warrant Shares shall bear any legend as required by the “blue sky” laws of any state and
a restrictive legend substantially to the following effect, if applicable: 

  
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 “THE SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED, SOLD, OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT
TO AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT OR SUCH LAWS. 
 THIS INSTRUMENT IS ISSUED PURSUANT TO AND SUBJECT TO THE RESTRICTIONS ON
TRANSFER AND OTHER PROVISIONS OF A TRANSACTION AGREEMENT, DATED AS OF OCTOBER 20, 2022, BY AND BETWEEN THE ISSUER OF THESE SECURITIES AND AMAZON.COM, INC., A DELAWARE CORPORATION, A COPY OF WHICH IS ON FILE WITH THE ISSUER. THE SECURITIES
REPRESENTED BY THIS INSTRUMENT MAY NOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT IN COMPLIANCE WITH SAID AGREEMENT. ANY SALE OR OTHER TRANSFER NOT IN COMPLIANCE WITH SAID AGREEMENT WILL BE VOID.” 

Following (a) at Amazon’s request, the Company obtaining at its own cost an opinion of counsel from a nationally recognized law firm, or
(b) Amazon presenting the Company at Amazon’s own cost with an opinion of counsel from a nationally recognized law firm reasonably satisfactory, in form and substance, to the Company, in each case for (a) or (b) that the Warrant
Shares are eligible to be transferred without restriction in accordance with Rule 144 under the Securities Act, the Company shall, at Amazon’s option, either (i) promptly issue a book entry representing such Warrant Shares which shall not
contain such portion of the above legend that is no longer applicable, or (ii) at the Company’s sole expense, including that of its transfer agent and for same day processing, if applicable, promptly instruct its transfer agent to use The
Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program to credit such aggregate number of Warrant Shares to which the holder of the Warrant Shares is entitled pursuant to such exercise to such holder’s or
its designee’s balance account with DTC through its Deposit / Withdrawal At Custodian (“DWAC”) system; provided that the holder of such Warrant Shares surrenders to the Company the previously issued book entries or other
instruments. Notwithstanding the foregoing, once any Warrant Shares are registered under the Securities Act, and in the absence of any applicable prospectus delivery requirements, the Company shall promptly cooperate with Amazon, at the
Company’s sole expense, including that of its transfer agent and for same day processing, if applicable, to have such Warrant Shares deposited via DWAC with such holder’s or its designee’s balance account with DTC. 

4.3 Anti-Takeover Provisions. Subject to Amazon’s compliance with
Section 4.6, the Company shall not take any action that would prevent Amazon from exercising any of its rights under this Agreement or any of the other Transaction Documents, or any of the transactions contemplated hereby
or thereby (a “Burdensome Action”), including by causing this Agreement or any of the other Transaction Documents, or any of the transactions contemplated hereby or thereby, to be subject to any requirements imposed by any
Anti-Takeover Provisions or subject in any manner to any “poison pill” or similar shareholder rights plan, in each case the result of which would be to cause a Burdensome Action to occur, and shall take all necessary steps within its
control to exempt (or ensure the continued exemption of) the transactions contemplated by the Transaction Documents from any applicable Anti-Takeover Provisions, as now or hereafter in effect. 

  
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 4.4 Transfers. 

(a) NV Holdings shall only be permitted to Transfer (x) the Warrant Shares, in each case so long as such Transfer is in accordance with
Applicable Law (including with respect to U.S. citizenship of air carriers) and the provisions of the Company’s certificate of incorporation and bylaws to any Person who is not a Prohibited Transferee and (y) the Warrant so long as such
Transfer is in accordance with Applicable Law (including with respect to U.S. citizenship of air carriers) and the provisions of the Company’s certificate of incorporation and bylaws, as follows (the “Permitted Warrant
Transfers”): 
 (i) a Transfer of the Warrant to Amazon or a wholly owned U.S. domiciled subsidiary of Amazon; 

(ii) a Transfer of the Warrant in connection with an Acquisition Transaction approved by the Board (including if the
Board (A) recommends that its shareholders tender in response to a tender or exchange offer that, if consummated, would constitute an Acquisition Transaction, or (B) does not recommend that its shareholders reject any such tender or
exchange offer within the ten-Business Day period specified in Rule 14e-2(a) under the Exchange Act); 

(iii) a Transfer of the Warrant to the extent required under Applicable Law; or 

(iv) a Transfer of the Warrant with the prior written consent of the Company; 

in each case, to the extent it has not already done so, such Transferee will execute a joinder to this Agreement, in which such Transferee
agrees to be subject to all covenants and agreements of Amazon under this Agreement and make all the representations and warranties and/or acknowledgements set forth in Section 2.3 (although the representation and warranty
in Section 2.3(a) shall be made with respect to the applicable jurisdiction of incorporation and to the extent the concept is applicable in that jurisdiction) and Section 4.1. 

(b) Any Transfer or attempted Transfer of the Warrant in violation of this Section 4.4 shall, to the fullest extent
permitted by law, be null and void ab initio, and the Company shall not, and shall instruct its transfer agent and other third parties not to, record or recognize any such purported transaction on the share register or other books and records of the
Company. 
 (c) Notwithstanding anything to the contrary contained herein: 

(i) the Company acknowledges and agrees that once a Transferee of a Permitted Warrant Transfer executes and delivers a joinder
to this Agreement, such Transferee shall be bound and have the benefit of such provisions of this Agreement set forth in such joinder as if the Transferee were named in this Agreement as a “party” to this Agreement. In such an event, the
Company will execute and deliver a counterpart signature to such joinder agreement; and 

  
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 (ii) if any Transferee has neither (A) entered into or is bound by a
mutual nondisclosure agreement enforceable directly by the Company on terms that are substantially similar as the Confidentiality Agreement nor (B) agreed to be bound by the terms of the Confidentiality Agreement to the same extent as if the
Transferee were a party thereto, the Company shall not, notwithstanding any provision of any Transaction Document to the contrary, be required to disclose any Confidential Information to such Transferee unless and until such agreement has been
entered into by such Transferee. 
 4.5 Reports under Exchange Act. 

(a) With a view to making available to Amazon the benefits of Rule 144 under the Securities Act and any other Applicable Law of the Commission
that may at any time permit Amazon to sell Equity Securities of the Company to the public without registration or pursuant to a registration on Form S-3, the Company agrees to: 

(i) use commercially reasonable efforts to make and keep public information available, as those terms are understood and
defined in Rule 144 under the Securities Act, at all times after the date hereof; 
 (ii) use commercially reasonable efforts
to file with the SEC in a timely manner all reports and other documents required of the Company under the Securities Act and the Exchange Act; and 

(iii) furnish to Amazon, so long as Amazon or its Affiliates own any Registrable Securities, upon request (x) a written
statement by the Company that it has complied with the reporting requirements of Rule 144(c) under the Securities Act, the Securities Act, and the Exchange Act, or that it qualifies as a registrant whose securities may be resold pursuant to Form S-3 (at any time after it so qualifies), and (y) such other information as may be reasonably requested in availing Amazon or its Affiliates of any rule or regulation of the Commission that permits the selling
of any such securities without registration or pursuant to such form. 
 4.6 Standstill Provisions.

 (a) Amazon agrees that from the date of this Agreement until an Amazon Standstill Termination Event (such period, the “Standstill
Period”), without the prior written approval of the Board, Amazon shall not, directly or indirectly, and shall cause its subsidiaries not to: 

(i) acquire, agree to acquire, propose, or offer to acquire, by purchase or otherwise, Equity Securities, Derivative
Instruments, or debt securities of the Company or any of its subsidiaries, other than: 
 (A) Warrant Shares acquired by NV
Holdings in accordance with the Transaction Documents; 

  
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 (B) as a result of any stock split, stock dividend, or distribution, other
subdivision, reorganization, reclassification, or similar capital transaction involving Equity Securities of the Company; or 

(C) a Transfer of the Warrant to Amazon or a wholly owned subsidiary of Amazon; 

(ii) deposit any Voting Securities in a voting trust or similar contract or agreement, or subject any Voting Securities to any
voting agreement, pooling arrangement, or similar arrangement, or grant any proxy with respect to any Voting Securities (in each case, other than to the Company or a Person specified by the Company in a proxy card (paper or electronic) provided to
shareholders of the Company by or on behalf of the Company); 
 (iii) make any public announcement with respect to, enter,
agree to enter into, propose, or offer to enter into any merger, business combination, recapitalization, restructuring, change in control transaction, or other similar extraordinary transaction involving the Equity Securities of the Company or any
of its subsidiaries or purchase a material portion of the assets, properties, or Equity Securities of the Company or any of its subsidiaries, other than acquisitions of Equity Securities as follows: 

(A) Warrant Shares acquired by NV Holdings in accordance with the Transaction Documents; 

(B) as a result of any stock split, stock dividend, distribution, other subdivision, reorganization, reclassification, or
similar capital transaction involving Equity Securities of the Company; 
 (C) a Transfer of the Warrant to Amazon or a
wholly owned subsidiary of Amazon; or 
 (D) Equity Securities of the Company representing beneficial ownership of less than
five percent of the outstanding shares of Common Stock held by a Person that is acquired by Amazon or its subsidiaries; provided that (i) such Equity Securities of the Company were acquired by such acquired Person prior to it entering
into an agreement with Amazon to be acquired and not in contemplation of, or in connection with, Amazon’s acquisition of such Person, (ii) Amazon agrees to dispose of those Equity Securities, and (iii) Amazon reasonably cooperates with the
Company to establish a reasonable time table and other reasonable parameters to minimize the impact of such disposition on the trading market for the Common Stock; provided that in connection with such disposition, Amazon shall not be
required to take any action that would be likely to adversely affect the value of the Equity Securities. 
 (iv) initiate or
participate in any “solicitation” of “proxies” (as such terms are defined in Rule 14a-1 of Regulation 14A promulgated under the Exchange Act, it being understood that Rule 14a-1(l)(2)(iv) and Rule 14a-2(b) will not be available to Amazon and its subsidiaries with respect to the Company during the Standstill Period) to vote any

  
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Equity Securities of the Company (it being agreed that voting shares in favor of a matter subject to a proxy solicitation shall not be deemed to constitute “participation” as used in
this Agreement); 
 (v) (A) nominate or propose the nomination of, or recommend the nomination of, or encourage any Person to
nominate or propose the nomination of or recommend the nomination of, any candidate to the Board; or (B) seek, or encourage any Person to seek or support any Person in seeking, the removal of any member of the Board, provided that each of
(A) or (B) shall exclude any such action that is not (x) made in public or (y) required to be publicly disclosed; 

(vi) (A) call or seek, or encourage any Person to call or seek or support any Person in calling or seeking, a special
meeting of shareholders of Company; (B) act or seek to act, or encourage any Person to act or seek to act or support any Person in acting or seeking to act, by written consent of shareholders; or (C) seek, or encourage any Person to seek
or support any Person in seeking, to include any item of business on the agenda of any meeting of the shareholders of the Company, provided that each of (A), (B), and (C) shall exclude any such action that is not (x) made in public or
(y) required to be publicly disclosed; 
 (vii) take any action that would reasonably be expected to require the Company
to make a public announcement regarding any of the events described in this Section 4.6(a) (excluding Sections 4.6(a)(v) and 4.6(vi)); 

(viii) advise or knowingly assist or knowingly encourage or enter into any discussions, negotiations, agreements, or
arrangements with any other Persons in connection with any of the events described in this Section 4.6(a) (excluding Sections 4.6(a)(v) and 4.6(a)(vi)); 

(ix) form, join, or in any way participate in a Group (other than with its subsidiary that is bound by the restrictions of this
Section 4.6(a) or a Group that consists solely of Amazon and/or any of its subsidiaries) with respect to any Voting Securities or otherwise in connection with any of the foregoing; or 

(x) publicly disclose any intention, plan, or proposal with respect to any of the foregoing. 

For the avoidance of doubt, this Section 4.6 shall not prohibit Amazon from exercising any rights or taking any
action under the Commercial Arrangement. Amazon shall not be deemed in breach of this Section 4.6 if Amazon or any of its subsidiaries acquires Equity Securities, Derivative Instruments, or debt securities of the Company in
an amount representing less than two percent of such outstanding Equity Securities, Derivative Instruments, or debt securities and promptly sells or otherwise disposes of such Equity Securities, Derivative Instruments, or debt securities. In
addition, Amazon shall not, directly or indirectly, and shall not permit any of its subsidiaries, directly or indirectly, to contest the validity of this Section 4.6 or, subject to Section 4.6(b),
seek a waiver, amendment, or release of any provisions of this Section 4.6 (including this sentence) (whether by legal action or otherwise). 

  
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 (b) Notwithstanding anything to the contrary contained herein or in any of the other
Transaction Documents, including Section 4.6(a) hereof, Amazon shall not be prohibited or restricted from making and submitting to the Company and/or the Board any Acquisition Proposal that is not intended to, and would not
reasonably be expected to, require the Company to disclose such proposal, or any confidential request for the Company and/or the Board to waive, amend, or provide a release of any provision of this Section 4.6 (whether or
not in connection with such Acquisition Proposal); provided that any such Acquisition Proposal and/or confidential request shall by its terms terminate if it is publicly disclosed or announced by Amazon (except in the event that such public
disclosure is required by Applicable Law) without the prior approval of the Board. If the Company (through the Board or otherwise) shall have commenced a process to solicit Acquisition Proposals from third parties, then the Company will promptly
notify Amazon of such determination (it being understood that any information provided to Amazon in connection with such notice, including, without limitation, the fact that the Company has provided such notice to Amazon, shall be kept confidential
by Amazon, except to the extent information is permitted to be disclosed or used by Section 5.1(c)). 
 (c)
Notwithstanding anything to the contrary herein, the provisions of this Section 4.6 shall become void and of no further force and effect (i) upon the public announcement by the Company that it has entered into a
definitive agreement with a single Person or single Group other than Amazon or any of its subsidiaries for a transaction involving an Acquisition Transaction or (ii) if any single Person or single Group other than Amazon or any of its
subsidiaries commences a tender or exchange offer, which, if consummated, would constitute an Acquisition Transaction; provided, however, that with respect to clauses (i) and (ii) of this sentence, Amazon shall not have materially
breached any of the provisions of this Section 4.6. 
 (d) An “Amazon Standstill Termination Event”
shall be deemed to occur if, as of the end of any Business Day following the date of this Agreement, Amazon and its subsidiaries Beneficially Own shares of Common Stock collectively representing less than five percent of the outstanding shares of
Common Stock; provided that, for the avoidance of doubt, such calculation of Beneficially Own shall be made inclusive of all Warrant Shares subject to issuance pursuant to the Warrant (whether or not the Warrant, or portion there, is then
exercisable, but taking into account any Warrant Shares previously Transferred) and without regard for the Beneficial Ownership Limitation; provided, however, that if the Beneficial Ownership of Amazon and its subsidiaries collectively represents at
least five percent of the outstanding shares of Common Stock at any time within one year following such occurrence, then the provisions of this Section 4.6 shall immediately again become applicable to Amazon. 

4.7 Right of Notice. If at any time the Company proposes to enter into a definitive agreement (or any
agreement providing for exclusive negotiation thereof) with any single Person or single Group (excluding Amazon or any of its subsidiaries) for the purpose of consummating an Acquisition Transaction, the Company shall promptly, and in any event no
later than ten days prior to entering into such agreement, provide written notice to Amazon, which notice shall (i) be subject to the terms of the Confidentiality Agreement and (ii) contain a summary of the material terms of such proposed
Acquisition Transaction, including the purchase price and form of consideration but not the identify the acquiror. The Company shall not be required to provide (a) the notice set forth in this Section 4.7 if at any
time in the prior 90 days the Company has sent a 

  
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notice to Amazon in connection with a customary market check, which notice shall (I) be subject to the terms of the Confidentiality Agreement and (II) contain the information set forth
in clause (ii) above to the extent available at such time, and (b) additional notices with respect to a proposed Acquisition Transaction in the event of an amendment to the price or terms of such proposed Acquisition Transaction or entry
into another definitive agreement with respect to such proposed Acquisition Transaction. Promptly upon the termination of the Commercial Arrangements, all obligations of the Company with respect to, and all rights of, Amazon pursuant to this
Section 4.7 shall terminate. 
 4.8 Management Meetings. Unless otherwise
agreed in writing by Amazon, the Company’s senior management shall meet at least one time per fiscal quarter with Amazon’s senior management to review and discuss the Commercial Arrangements. Promptly upon the termination of the Commercial
Arrangements, all obligations of the Company with respect to, and all rights of, Amazon pursuant to this Section 4.8 shall terminate. 

ARTICLE V 
 INFORMATION

 5.1 Information Rights. 

(a) During the term of this Agreement, the Company shall prepare and provide, or cause to be prepared and provided, to Amazon: 

(i) if the Company is a Reporting Company, then within the time periods applicable to the Company under Sections 13(a) or 15(d)
of the Exchange Act (the “Reporting Company Filing Dates”), all interim and annual financial statements required to be contained in a filing with the Commission on Forms 10-K and 10-Q, provided that the requirements of this clause shall be deemed satisfied to the extent such information is publicly filed on EDGAR on or by the applicable Reporting Company Filing Date; and 

(ii) if the Company is not a Reporting Company at any time, the information set forth on Schedule 5.1(a) within the
respective time periods set forth therein. 
 (b) During the term of this Agreement, the Company shall consider and respond promptly and in
good faith to reasonable requests for information for the purpose of Amazon satisfying its financial reporting and accounting requirements regarding the Company and its subsidiaries. Without limiting the generality of the foregoing, the Company and
its subsidiaries shall not be required to provide any such information if (i) the Company determines that such information is competitively sensitive or material non-public information regarding
arrangements or transactions with the Company’s customers, vendors, partners or otherwise, (ii) the Company determines in good faith that providing such information would adversely affect the Company (taking into account the nature of the
request and the facts and circumstances at such time) other than to a de minimis extent, or (iii) providing such information (A) would reasonably be expected to jeopardize an attorney-client privilege or cause a loss of attorney work
product protection, (B) would violate a confidentiality obligation to any person in effect on the date of this Agreement, or (C) would, based on the good faith advice of the Company’s legal

  
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counsel (which may include in-house legal counsel), violate any Applicable Law; provided, that, with respect to clauses (i)-(iii), the Company uses
reasonable efforts, and cooperates in good faith with Amazon, to develop and implement reasonable alternative arrangements to provide Amazon (and its Representatives) with the intended benefits of this Section 5.1. 

(c) In furtherance of and not in limitation of any other similar agreement Amazon or any of its Representatives may have with the Company or
its subsidiaries, Amazon hereby agrees that all Confidential Information in its possession obtained solely pursuant to this Section 5.1 and Section 3.4 with respect to the Company shall be kept
confidential by it and shall not be disclosed or used by it in any manner whatsoever, except as permitted by this Section 5.1(c). For the avoidance of doubt, any confidential information received by either party in
connection with any of the Commercial Arrangements shall be governed by the terms of any applicable agreement related to such Commercial Arrangements. Any Confidential Information may be disclosed: 

(i) by Amazon (x) to any of its Affiliates or (y) to its or its Affiliate’s Representatives, in each case,
solely if and to the extent any such Person needs to be provided such Confidential Information to assist Amazon or its Affiliates in evaluating or reviewing its existing investment, or with respect to the exercise of the Warrant, its prospective
investment in the Company, including in connection with the disposition thereof or voting shares of Common Stock. Each Representative shall be deemed to be bound by the provisions of this Section 5.1(c) and Amazon shall be
responsible for any breach of this Section 5.1(c) (or such other agreement or obligation, as applicable) by any of its Representatives; 

(ii) by Amazon or any of its Representatives to the extent the Company consents in writing; 

(iii) by Amazon or any of its Representatives to a potential Transferee (so long as such Transfer is permitted hereunder);
provided, that such Transferee agrees to be bound by the provisions of this Section 5.1(c) (or a confidentiality agreement having restrictions substantially similar to this Section 5.1(c));
or 
 (iv) by Amazon or any of its Representatives to the extent that Amazon or such Representative has been advised by its
counsel that such disclosure is required to be made by it under Applicable Law or by a Governmental Entity; provided, that prior to making such disclosure, such Person uses commercially reasonable efforts to preserve the confidentiality of
the Confidential Information to the extent permitted by Applicable Law, including, to the extent practicable and permitted by Applicable Law, consulting with the Company regarding such disclosure, and if reasonably requested by the Company,
assisting the Company, at the Company’s expense, in seeking a protective order to prevent the requested disclosure; provided, further, that Amazon or such Representative, as the case may be, uses commercially reasonable efforts to
disclose only that portion of the Confidential Information as is requested by the applicable Governmental Entity or as is, based on the advice of its counsel, legally required or compelled; and provided, further, that the parties
hereto expressly agree that notwithstanding anything in the Confidentiality Agreement or any other confidentiality 

  
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agreement between or among the Company, Amazon, or any of their respective subsidiaries or Representatives to the contrary, any Confidential Information that is permitted to be disclosed in any
manner pursuant to this Agreement can be so disclosed. 
  

	 	5.2	 Tax Reporting Requirements. 

(a) The Company will provide Amazon with any information reasonably requested by Amazon that is in the Company’s possession or that can
be provided with the use of reasonable efforts to allow Amazon to comply with Applicable Law related to taxes or to avail itself of any provision of Applicable Law related to taxes. The Company shall reasonably cooperate (at no out-of-pocket cost to the Company) in preparing for any audit of, or dispute with a tax authority regarding any tax return of, Amazon or any of its Affiliates relating to the
Company or any of its Affiliates. 
 (b) The Company shall maintain its status as a domestic corporation for U.S. federal income tax
purposes. 
 (c) In connection with the preparation of its U.S. federal income tax return, the Company will ask its tax return preparer or
shall make due inquiry with a Tax Advisor selected by it regarding the Company’s obligation to comply with the reporting requirements under Sections 6038, 6038B, and 6046 of the Code, and the Company shall comply with any such applicable
requirements. To the extent that Amazon is subject to the same reporting requirements, the Company shall file on Amazon’s behalf if permitted by applicable law. The Company shall also provide Amazon with any such filings under such sections for
Amazon’s review 45 days prior to the due date for filing (including extensions). To the extent that the Company does not have a filing requirement under such sections, the Company shall provide such information to Amazon as may be necessary to
fulfill Amazon’s obligations thereunder as a result of the Warrant Issuance or the acquisition of Warrant Shares hereunder. 
 
5.3 Survival. Notwithstanding anything in this Agreement, this Article V shall survive termination of this Agreement pursuant to Section 8.1 and will continue until the date that the Beneficial Ownership
of Amazon, in the aggregate, of shares of Common Stock is less than one percent on a Fully Diluted Basis; provided, that Section 5.2 shall survive with respect to the taxable year in which such date occurs. 

ARTICLE VI 

REGISTRATION 
 
6.1 Shelf Registration Statement. 
 (a) Subject to the terms and conditions hereof, the Company shall file as soon as reasonably
practicable after the date hereof, but in no event later than 30 days after such date, and use commercially reasonable efforts to cause to be declared effective by the Commission as soon as reasonably practicable after such filing date, a
registration statement on Form S-3 or, if such form is not available to the Company, Form S-1, providing for an offering to be made on a continuous basis pursuant to
Rule 415 under the Securities Act relating to the offer and sale, 

  
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from time to time, of all of the Registrable Securities (the “Shelf Registration Statement”). To the extent the Company is a well-known seasoned issuer (as defined in Rule 405
under the Securities Act), the Company shall file the Shelf Registration Statement in the form of an automatic shelf registration statement (as defined in Rule 405 under the Securities Act) or any successor form thereto, but shall register the
number of Registrable Securities and pay the registration fee for all Registrable Securities to be registered pursuant to such automatic shelf registration statement at the time of filing of the automatic shelf registration statement and shall not
elect to pay any portion of the registration fee on a deferred basis. 
 (b) The Company shall use its commercially reasonable efforts to
keep the Shelf Registration Statement continuously effective for the maximum period permitted by the SEC rules, and shall replace such Shelf Registration Statement at or before expiration with a successor Shelf Registration Statement, until the date
on which all Registrable Securities covered by the Shelf Registration Statement have been sold thereunder in accordance with the plan and method of distribution disclosed in the prospectus included in the Shelf Registration Statement. In furtherance
thereof, the Company shall be liable for and promptly indemnify Amazon for all Losses incurred by Amazon or its Affiliates that arise out of or relate to the Shelf Registration Statement not being continuously effective because of the unavailability
of audited or other required financial statements of the Company or any other Person. 
 (c) Notwithstanding anything to the contrary
contained in this Agreement, the Company shall be entitled, from time to time, by providing written notice to the Holders, to require such Holders to suspend the use of the prospectus for sales of Registrable Securities under the Shelf Registration
Statement during any Blackout Period. In the event of a Blackout Period, the Company shall deliver to the Holders a certificate signed by either the chief executive officer or the chief financial officer of the Company certifying that, in the good
faith judgment of the Company, the conditions described in the definition of Blackout Period are met. Such certificate shall contain an approximation of the anticipated delay. Upon such notice by the Company, each of the Holders covenants that it
shall, subject to Applicable Law, keep the fact of any such notice strictly confidential and promptly halt any offer, sale, trading, or other Transfer by it or any of its Affiliates of any Registrable Securities for the duration of the Blackout
Period set forth in such notice (or until such Blackout Period shall be earlier terminated in writing by the Company) and promptly halt any use, publication, dissemination, or distribution of the Shelf Registration Statement, each prospectus
included therein, and any amendment or supplement thereto by it and any of its Affiliates for the duration of the Blackout Period set forth in such notice (or until such Blackout Period shall be earlier terminated in writing by the Company) and, if
so directed in writing by the Company, will deliver to the Company any copies then in such Holder’s possession of the prospectus covering such Registrable Securities that was in effect at the time of receipt of such notice. 

(d) After the expiration of any Blackout Period and without any further request from a Holder of Registrable Securities, the Company, to the
extent necessary, shall as promptly as reasonably practicable prepare a post-effective amendment or supplement to the Shelf Registration Statement or the prospectus, or any document incorporated therein by reference, or file any other required
document so that, as thereafter delivered to purchasers of the Registrable Securities included therein, the prospectus will not include an untrue statement of a material fact or omit to state any material fact necessary to make the statements
therein, in the light of the circumstances under which they were made, not misleading. 

  
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 (e) At any time that a Shelf Registration Statement is effective, if any Holder delivers a
notice to the Company (a “Take-Down Notice”) stating that it intends to sell all or part of its Registrable Securities included on the Shelf Registration Statement (a “Shelf Offering”), then the Company shall amend
or supplement the Shelf Registration Statement as may be necessary in order to enable such Registrable Securities to be distributed pursuant to the Shelf Offering. Notwithstanding any other provision of this Agreement, no other holders of securities
of the Company shall be entitled to receive any notice of or have its securities included in any such Shelf Offering, including any block sale off of the Shelf Registration Statement. 

(f) Any time that a Shelf Offering involves a marketed underwritten Shelf Offering, the Company shall select the investment banker(s) and
manager(s) that will serve as managing underwriters (including which such managing underwriters will serve as lead or co-lead) and underwriters with respect to the offering of such Registrable Securities;
provided, that such investment banker(s) and manager(s) shall be reasonably acceptable to the applicable Holder (such acceptance not to be unreasonably withheld, conditioned, or delayed). 

6.2 Piggyback Registrations. 

(a) Subject to the terms and conditions hereof, whenever the Company proposes to register any Common Stock under the Securities Act in an
Underwritten Offering (a “Piggyback Registration”), whether for its own account or for the account of others, the Company shall give all Holders of Registrable Securities (each, a “Holder” and collectively, the
“Holders”) prompt written notice thereof (but not less than ten Business Days prior to the filing by the Company with the Commission of any registration statement with respect thereto); provided that, Piggyback Registrations shall
not include (i) any “at the market” offering as defined in Rule 415(a)(4) of the Securities Act, or (ii) any Underwritten Offering priced by 11:59 p.m. Hawaiian Time on the first full Business Day following the day of the
announcement of such offering. Such notice (a “Piggyback Notice”) shall specify the number of shares of Common Stock (or other securities, as applicable) proposed to be registered, the proposed date of filing of such registration
statement with the Commission, the proposed means of distribution, the proposed managing underwriter(s), and a good faith estimate by the Company of the proposed minimum offering price of such shares of Common Stock (or other securities, as
applicable), in each case to the extent then known. Subject to Section 6.2(b), the Company shall include in each such Piggyback Registration all Registrable Securities held by Holders (a “Piggyback Seller”) with respect
to which the Company has received written requests (which written requests shall specify the number of Registrable Securities requested to be disposed of by such Piggyback Seller) for inclusion therein within ten days after such Piggyback Notice is
received by such Piggyback Seller. 
 (b) In connection with a Piggyback Registration that involves an Underwritten Offering, if the lead
managing underwriter(s) advise(s) the Company that, in its opinion, the inclusion of all the securities sought to be included in such Piggyback Registration by (w) the Company, (x) other Persons who have sought to have shares of Common
Stock registered in such Piggyback Registration pursuant to rights to demand (other than pursuant to so-called 

  
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 “piggyback” or other incidental or participation registration rights) such registration (such
Persons being “Other Demanding Sellers”), (y) the Piggyback Sellers, and (z) any other proposed sellers of shares of Common Stock (such Persons being “Other Proposed Sellers”), as the case may be, would
materially and adversely affect the success thereof, then the Company shall include in the registration statement applicable to such Piggyback Registration only such securities as the Company is so advised by such lead managing underwriter(s) can be
sold without such an effect, as follows and in the following order of priority: 
 (i) if the Piggyback Registration relates
to an offering for the Company’s own account, then (A) first, such number of shares of Common Stock (or other securities, as applicable) to be sold by the Company as the Company, in its reasonable judgment, shall have determined,
(B) second, Registrable Securities of Piggyback Sellers, pro rata on the basis of the number of Registrable Securities proposed to be sold by such Piggyback Sellers, (C) third, shares of Common Stock sought to be registered by Other
Demanding Sellers, pro rata on the basis of the number of shares of Common Stock proposed to be sold by such Other Demanding Sellers, and (D) fourth, other shares of Common Stock proposed to be sold by any Other Proposed Sellers; or 

(ii) if the Piggyback Registration relates to an offering other than for the Company’s own account, then (A) first,
such number of shares of Common Stock (or other securities, as applicable) sought to be registered by each Other Demanding Seller pro rata in proportion to the number of securities sought to be registered by all such Other Demanding Sellers,
(B) second, Registrable Securities of Piggyback Sellers, pro rata on the basis of the number of Registrable Securities proposed to be sold by such Piggyback Sellers, (C) third, shares of Common Stock to be sold by the Company, and
(D) fourth, other shares of Common Stock proposed to be sold by any Other Proposed Sellers. 
 (c) For clarity, in connection with any
Underwritten Offering under this Section 6.2 for the Company’s account, the Company shall not be required to include the Registrable Securities of a Piggyback Seller in the Underwritten Offering unless such Piggyback
Seller accepts the terms of the underwriting as agreed upon between the Company and the lead managing underwriter(s), which shall be selected by the Company. 

(d) If, at any time after giving written notice of its intention to register any shares of Common Stock (or other securities, as applicable) as
set forth in this Section 6.2 and prior to the time the registration statement filed in connection with such Piggyback Registration is declared effective, the Company shall determine for any reason not to register such
shares of Common Stock (or other securities, as applicable), the Company may, at its election, give written notice of such determination to the Piggyback Sellers within five Business Days thereof and thereupon shall be relieved of its obligation to
register any Registrable Securities in connection with such particular withdrawn or abandoned Piggyback Registration. 
 Any Holder having
notified the Company to include any or all of its Registrable Securities in a Piggyback Registration shall have the right to withdraw any such notice with respect to any or all of the Registrable Securities designated by it for registration by
giving written notice to such effect to the Company prior to the effective date of such registration statement. In the event of any such withdrawal, the Company shall not include such Registrable Securities in the applicable registration. No such
withdrawal shall affect the obligations of the Company with respect to the Registrable Securities not so withdrawn. 

  
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 6.3 Holdback Agreements. 

(a) Amazon shall enter into customary agreements restricting the sale or distribution of Equity Securities of the Company (including sales
pursuant to Rule 144 under the Securities Act) to the extent required by the lead managing underwriter(s) with respect to an applicable Underwritten Offering in which Amazon participates during the period commencing on the date of the request (which
shall be no earlier than 14 days prior to the expected “pricing” of such Underwritten Offering) and continuing for not more than 90 days after the date of the “final” prospectus (or “final” prospectus supplement if the
Underwritten Offering is made pursuant to the Shelf Registration Statement), pursuant to which such Underwritten Offering shall be made. The Company shall not include securities of any other holder in such an Underwritten Offering unless such other
holder enters into a customary agreement on terms no more permissive to such other holder as the terms of any similar agreement entered into by Amazon restricting the sale or distribution of Equity Securities of the Company (including sales pursuant
to Rule 144 under the Securities Act). 
 (b) If any Shelf Offering involves an Underwritten Offering, the Company will not effect any sale
or distribution of shares of Common Stock (or securities convertible into or exchangeable or exercisable for shares of Common Stock) (other than a Form S-4 or Form S-8)
for its own account within 90 days (plus an extension period as may be proposed by the lead managing underwriter(s) for such Underwritten Offering to address FINRA regulations regarding the publication of research, or such shorter periods as the
lead managing underwriter(s) may agree with the Company) after the effective date of such registration except as may otherwise be agreed between the Company and the lead managing underwriter(s) of such Underwritten Offering. 

6.4 Registration Procedures. 

(a) If and whenever the Company is required to use commercially reasonable efforts to effect the registration of any Registrable Securities
under the Securities Act as provided in Section 6.1 or Section 6.2, the Company shall as expeditiously as reasonably practicable: 

(i) prepare and file with the Commission a registration statement to effect such registration in accordance with the intended
method or methods of distribution of such securities and thereafter use commercially reasonable efforts to cause such registration statement to become and remain effective pursuant to the terms of Section 6.1(b); provided,
however, that before filing such registration statement or any amendments thereto, the Company will furnish to the Holders, their counsel, and the lead managing underwriter(s), if any, copies of all such documents proposed to be filed, which
documents will be subject to the review and reasonable comment of such counsel, and other documents reasonably requested by such counsel, including any comment letter from the Commission, and, if requested by such counsel, the Company will provide
such counsel reasonable opportunity to participate in the preparation of such registration statement and each prospectus included therein and such other opportunities to conduct a 

  
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 reasonable investigation within the meaning of the Securities Act, including reasonable
access to the Company’s books and records, officers, accountants, and other advisors. The Company shall not file any such registration statement or prospectus or any amendments or supplements thereto to which the Holders, their counsel, or the
lead managing underwriter(s), if any, shall reasonably object, in writing, on a timely basis, unless, in the opinion of the Company, such filing is necessary to comply with Applicable Law; 

(ii) in the case of a Shelf Registration Statement, prepare and file with the Commission such amendments, including
post-effective amendments, and supplements to such Shelf Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Shelf Registration Statement effective and to comply in all material respects with the
provision of the Securities Act with respect to the disposition of the Registrable Securities subject thereto for the period set forth in Section 6.1(b); 

(iii) if requested by the lead managing underwriter(s), if any, or the Holders, promptly include in a prospectus supplement or
post-effective amendment such information as the lead managing underwriter(s), if any, and such Holders may reasonably request in order to permit the intended method of distribution of such securities and make all required filings of such prospectus
supplement or such post-effective amendment as soon as reasonably practicable after the Company has received such request; provided, however, that the Company shall not be required to take any actions under this
Section 6.4(a)(iii) that are not, in the good faith written opinion of outside counsel for the Company, in compliance with Applicable Law; 

(iv) furnish to the Holders and each underwriter, if any, such number of conformed copies of such registration statement and of
each amendment and supplement thereto, such number of copies of the prospectus contained in such registration statement (including each preliminary prospectus and any summary prospectus) and each free writing prospectus (as defined in Rule 405 of
the Securities Act) (a “Free Writing Prospectus”) utilized in connection therewith and any other prospectus filed under Rule 424 under the Securities Act, in conformity with the requirements of the Securities Act, and such
other documents as such Holders and underwriter, if any, may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities owned by such Holders; 

(v) use commercially reasonable efforts to (I) register or qualify or cooperate with the Holders, the underwriters, if
any, and their respective counsel in connection with the registration or qualification (or exemption from such registration or qualification) of such Registrable Securities covered by such registration statement under such other securities laws or
“blue sky” laws of such jurisdictions as the Holders and any underwriter shall reasonably request, (II) keep each such registration or qualification (or exemption therefrom) effective during the period such registration statement is
required to be kept effective, and (III) take any other action which may be necessary or reasonably advisable to enable such Holders and underwriters to consummate the disposition in such jurisdictions of the Registrable Securities, except that
the Company shall not for any such 

  
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 purpose be required to (A) qualify generally to do business as a foreign corporation in
any jurisdiction wherein it would not but for the requirements of this clause (v) be obligated to be so qualified, (B) subject itself to taxation in any such jurisdiction, or (C) file a general consent to service of process in any such
jurisdiction; 
 (vi) use commercially reasonable efforts to cause such Registrable Securities to be listed on the Principal
Trading Market; 
 (vii) use commercially reasonable efforts to provide and cause to be maintained a transfer agent and
registrar for all Registrable Securities covered by such registration statement from and after a date not later than the effective date of such registration statement; 

(viii) enter into such agreements (including an underwriting agreement) in form, scope, and substance as is customary in
underwritten offerings of shares of Common Stock by the Company and use its commercially reasonable efforts to take all such other actions reasonably requested by the Holders (including those reasonably requested by the lead managing underwriter(s),
if any) to expedite or facilitate the disposition of such Registrable Securities, and in such connection, whether or not an underwriting agreement is entered into and whether or not the registration is an Underwritten Offering, (A) the Company
shall make such representations and warranties to the Holders and the underwriters, if any, with respect to the business of the Company and its subsidiaries and the registration statement, prospectus, and documents, if any, incorporated or deemed to
be incorporated by reference therein, in each case, in form, substance, and scope as customarily made by issuers in underwritten offerings, and, if true, confirm the same if and when requested, (B) if any underwriting agreement has been entered
into, the same shall contain customary indemnification provisions and procedures with respect to all parties to be indemnified pursuant to Section 6.7, except as otherwise agreed by the Holders, and (C) the Company
shall deliver such documents and certificates as reasonably requested by the Holders, their counsel and the lead managing underwriter(s), if any, to evidence the continued validity of the representations and warranties made pursuant to sub-clause (A) above and to evidence compliance with any customary conditions contained in the underwriting agreement or other agreement entered into by the Company. The above shall be done at each closing
under such underwriting or similar agreement or as and to the extent required thereunder; 
 (ix) in connection with an
Underwritten Offering, use commercially reasonable efforts to obtain for the underwriter(s) (A) opinions of counsel for the Company, covering the matters customarily covered in opinions requested in underwritten offerings and such other matters
as may be reasonably requested by such underwriters and (B) “comfort” letters and updates thereof (or, in the case of any such Person which does not satisfy the conditions for receipt of a “comfort” letter specified in Statement
on Auditing Standards No. 72, an “agreed upon procedures” letter) signed by the independent public accountants who have certified the Company’s financial statements included in such registration statement, covering the matters
customarily covered in “comfort” letters in connection with underwritten offerings; 

  
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 (x) make available for inspection by the Holders any underwriter
participating in any disposition pursuant to any registration statement and any attorney, accountant, or other agent or Representative retained in connection with such offering by such Holders or underwriter (collectively, the
“Inspectors”), financial and other records, pertinent corporate documents and properties of the Company (collectively, the “Records”), as shall be reasonably necessary, or as shall otherwise be reasonably requested,
to enable them to exercise their due diligence responsibility, and the Company shall cause the officers, directors, and employees of the Company and its subsidiaries to supply all information in each case reasonably requested by any such
Representative, underwriter, attorney, agent, or accountant in connection with such registration statement; provided, however, that the Company shall not be required to provide any information under this
Section 6.4(a)(x) if (A) the Company believes, after good faith advice of counsel for the Company (which may include in-house legal counsel), that to do so would cause the
Company to forfeit an attorney-client privilege that was applicable to such information or (B) either (1) the Company has requested and been granted from the Commission confidential treatment of such information contained in any filing with the
Commission or documents provided supplementally or otherwise or (2) the Company reasonably determines in good faith that such Records are confidential and so notifies the Inspectors in writing, unless prior to furnishing any such information
with respect to the foregoing clause (1) or (2) such Holder requesting such information enters into, and causes each of its Inspectors to enter into, a confidentiality agreement on terms and conditions reasonably acceptable to the Company;
provided, further, that each Holder agrees that it will, upon learning that disclosure of such Records is sought in a court of competent jurisdiction or by another Governmental Entity, give notice to the Company and allow the Company,
at its expense, to undertake appropriate action seeking to prevent disclosure of the Records deemed confidential; 
 (xi) as
promptly as practicable notify in writing the Holders and the underwriters, if any, of the following events: (A) the filing of the registration statement, any amendment thereto, the prospectus or any prospectus supplement related thereto or post-effective amendment to the registration statement or any Free Writing Prospectus utilized in connection therewith, and, with respect to the registration statement or any
post-effective amendment thereto, when the same has become effective; (B) any request by the Commission or any other Governmental Entity for amendments or supplements to the registration statement or the
prospectus or for additional information; (C) the issuance by the Commission of any stop order suspending the effectiveness of the registration statement or the initiation of any proceedings by any Person for that purpose; (D) the receipt
by the Company of any notification with respect to the suspension of the qualification of any Registrable Securities for sale under the securities or “blue sky” laws of any jurisdiction or the initiation or threat of any proceeding for
such purpose; (E) if at any time the representations and warranties of the Company contained in any mutual agreement (including any underwriting agreement) contemplated by Section 6.4(a)(viii) cease to be true and
correct in any material respect; and (F) upon the happening of any event that makes any statement made in such registration statement, related prospectus, or any document incorporated or deemed to be incorporated therein by reference untrue in
any material respect or that requires the making of any changes in such registration statement, prospectus, or documents so that, in the case of the registration statement, it 

  
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 will not contain any untrue statement of a material fact or omit to state any material fact
required to be stated therein or necessary to make the statements therein not misleading, and that in the case of the prospectus, it will not contain any untrue statement of a material fact or omit to state any material fact necessary in order to
make the statements therein, in light of the circumstances under which they were made, not misleading, and, at the request of any Holder, the Company shall promptly prepare and furnish to such Holder a reasonable number of copies of a supplement to
or an amendment of such registration statement or prospectus as may be necessary so that, as thereafter delivered to the purchasers of such Registrable Securities, such prospectus shall not include an untrue statement of a material fact or omit to
state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading; 

(xii) use commercially reasonable efforts to obtain the withdrawal of any order suspending the effectiveness of such
registration statement, or the lifting of any suspension of the qualification (or exemption from qualification) of any of the Registrable Securities for sale in any jurisdiction at the earliest reasonable practicable date, except that, subject to
the requirements of Section 6.4(a)(v), the Company shall not for any such purpose be required to (A) qualify generally to do business as a foreign corporation in any jurisdiction where it would not but for the
requirements of this clause (xii) be obligated to be so qualified, (B) subject itself to taxation in any such jurisdiction, or (C) file a general consent to service of process in any such jurisdiction; 

(xiii) cooperate with the Holders and the lead managing underwriter(s) to facilitate the timely preparation and delivery of
book entries (which shall not bear any restrictive legends unless required under Applicable Law) representing securities sold under any registration statement and enable such securities to be in such denominations and registered in such names as the
lead managing underwriter(s) or such Holders may request and keep available and make available to the Company’s transfer agent prior to the effectiveness of such registration statement a supply of such certificates; 

(xiv) cooperate with each seller of Registrable Securities and each underwriter or agent participating in the disposition of
such Registrable Securities and their respective counsel in connection with any filings required to be made with FINRA; 

(xv) have appropriate executive officers of the Company prepare and make presentations at a reasonable number of “road
shows” and before analysts and other information meetings reasonably organized by the underwriters and otherwise use its commercially reasonable efforts to cooperate as reasonably requested by the Holders and the underwriters in the offering,
marketing, or selling of the Registrable Securities; provided, however, that the scheduling of any such “road shows” and other meetings shall not materially and unduly interfere with the normal operations of the business of
the Company; and 
 (xvi) take all other actions reasonably requested by the Holders or the lead managing underwriter(s) to
effect the intent of this Agreement. 

  
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 (b) The Company may require each Holder and each underwriter, if any, to furnish the Company
in writing such information regarding each Holder or underwriter and the distribution of such Registrable Securities as the Company may from time to time reasonably request in writing to complete or amend the information required by such
registration statement. 
 (c) Each Holder agrees that upon receipt of any notice from the Company of the happening of any event of the kind
described in clauses (B), (C), (D), (E), and (F) of Section 6.4(a)(xi), such Holder shall forthwith discontinue such Holder’s disposition of Registrable Securities pursuant to the applicable registration statement
and prospectus relating thereto until such Holder’s receipt of the copies of the supplemented or amended prospectus contemplated by Section 6.4(a)(xi) or until it is advised in writing by the Company that the use of
the applicable prospectus may be resumed and has received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such prospectus. 

6.5 Registration Expenses. All fees and expenses incident to the Company’s performance of its
obligations under this Article VI, including (a) all registration and filing fees, including all fees and expenses of compliance with securities and “blue sky” laws (including the reasonable and documented fees and
disbursements of counsel for the underwriters in connection with “blue sky” qualifications of the Registrable Securities pursuant to Section 6.4(a)(v)) and all fees and expenses associated with filings required to
be made with FINRA (including, if applicable, the fees and expenses of any “qualified independent underwriter” as such term is defined in FINRA Rule 5121), (b) all printing (including expenses of printing certificates for the Registrable
Securities in a form eligible for deposit with the Depository Trust Company and of printing prospectuses if the printing of prospectuses is requested by Amazon) and copying expenses, (c) all messenger, telephone, and delivery expenses,
(d) all fees and expenses of the Company’s independent certified public accountants and counsel (including with respect to “comfort” letters and opinions), (e) expenses of the Company incurred in connection with any “road
show,” other than any expense paid or payable by the underwriters, and (f) reasonable and documented fees and disbursements of one counsel for all Holders whose Registrable Securities are included in a registration statement, which counsel
shall be selected by the Holders of a majority of the Registrable Securities being sold in connection therewith, shall be borne solely by the Company whether or not any registration statement is filed or becomes effective. In connection with the
Company’s performance of its obligations under this Article VI, the Company will pay its internal expenses (including all salaries and expenses of its officers and employees performing legal or accounting duties and the expense of any
annual audit) and the expenses and fees for listing the securities to be registered on the primary securities exchange or over-the-counter market on which similar
securities issued by the Company are then listed or traded. Each Holder shall pay its portion of all underwriting discounts and commissions and transfer taxes, if any, relating to the sale of such Holder’s Registrable Securities pursuant to any
registration. 
 6.6 Miscellaneous. 

(a) Not less than five Business Days before the expected filing date of each registration statement pursuant to
Section 6.2 of this Agreement, the Company shall notify each Holder who has timely provided the requisite notice hereunder entitling such holder to register 

  
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 Registrable Securities in such registration statement of the information, documents, and instruments from
such Holder that the Company or any underwriter reasonably requests in connection with such registration statement, including a questionnaire, custody agreement, power of attorney, lock-up letter, and
underwriting agreement (the “Requested Information”). If the Company has not received, on or before the second Business Day before the expected filing date, the Requested Information from such Holder, the Company may file the
registration statement without including Registrable Securities of such Holder. The failure to so include in any registration statement the Registrable Securities of a Holder (with regard to that registration statement) shall not result in any
liability on the part of the Company to such Holder. 
 (b) The Company shall not grant to any Person any demand, piggyback, or shelf
registration rights the terms of which are senior to or conflict with the rights granted to Amazon hereunder without the prior written consent of Amazon. If Amazon provides such consent, Amazon and the Company shall amend this Agreement to grant
Amazon any such senior demand, piggyback, or shelf registration rights. 
 6.7 Registration
Indemnification. 
 (a) The Company agrees, without limitation as to time, to indemnify and hold harmless, to the fullest extent
permitted by law, each Holder and its Affiliates and their respective officers, directors, members, shareholders, employees, managers, and partners, each Person who controls (within the meaning of Section 15 of the Securities Act and
Section 20 of the Exchange Act) such Holder or such other indemnified Person and the officers, directors, members, shareholders, employees, managers, and partners of each such controlling Person, each underwriter, if any, and each Person who
controls (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act) such underwriter from and against all Losses, as incurred, arising out of, caused by, resulting from, or relating to any untrue statement
(or alleged untrue statement) of a material fact contained in any registration statement, prospectus, or preliminary prospectus or Free Writing Prospectus or any amendment or supplement thereto or any omission (or alleged omission) of a material
fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and (without limitation of the preceding portions of this
Section 6.7(a)) will reimburse each such Holder, each of its Affiliates, and each of their respective officers, directors, members, shareholders, employees, managers, and partners and each such Person who controls each such
Holder and the officers, directors, members, shareholders, employees, managers, partners, accountants, attorneys, and agents of each such controlling Person, each such underwriter, and each such Person who controls any such underwriter for any
reasonable, customary, and reasonably documented legal and other expenses incurred in connection with investigating and defending or settling any such claim, Loss, damage, liability, or action, except insofar as the same are caused by any
information furnished in writing to the Company by any Holder expressly for use therein. 
 (b) In connection with any registration
statement in which a Holder is participating, without limitation as to time, each such Holder shall, severally and not jointly, indemnify the Company, its directors, officers, and employees and each Person who controls (within the meaning of
Section 15 of the Securities Act and Section 20 of the Exchange Act) the Company from and against all Losses, as incurred, arising out of, caused by, resulting from, or 

  
 -39- 

 relating to any untrue statement (or alleged untrue statement) of material fact contained in the
registration statement, prospectus, or preliminary prospectus or Free Writing Prospectus or any amendment or supplement thereto or any omission (or alleged omission) of a material fact required to be stated therein or necessary to make the
statements therein, in light of the circumstances under which they were made, not misleading and (without limitation of the preceding portions of this Section 6.7(b)) will reimburse the Company, its directors, officers, and
employees and each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act) for any reasonable, customary, and reasonably documented legal and other expenses incurred in
connection with investigating and defending or settling any such claim, Loss, damage, liability, or action, in each case solely to the extent, but only to the extent, that such untrue statement or omission is made in such registration statement,
prospectus, or preliminary prospectus or Free Writing Prospectus or any amendment or supplement thereto in reliance upon and in conformity with written information furnished to the Company by such Holder for inclusion in such registration statement,
prospectus, or preliminary prospectus or Free Writing Prospectus or any amendment or supplement thereto. Notwithstanding the foregoing, no Holder shall be liable under this Section 6.7(b) for amounts in excess of the gross
proceeds (after deducting any underwriting discount or commission) received by such Holder from its sale of Registrable Securities in connection with the offering that gave rise to such liability. 

(c) Any Person entitled to indemnification hereunder shall give prompt written notice to the indemnifying party of any claim with respect to
which it seeks indemnification; provided, however, the failure to give such notice shall not release the indemnifying party from its obligation, except to the extent that the indemnifying party has been actually and materially
prejudiced by such failure to provide such notice on a timely basis. 
 (d) In any case in which any such action is brought against any
indemnified party, and it notifies an indemnifying party of the commencement thereof, the indemnifying party will be entitled to participate therein and, to the extent that it may wish, to assume the defense thereof, with counsel reasonably
satisfactory to such indemnified party, and after notice from the indemnifying party to such indemnified party of its election to assume the defense thereof and acknowledging the obligations of the indemnifying party with respect to such proceeding,
the indemnifying party will not (so long as it shall continue to have the right to defend, contest, litigate, and settle the matter in question in accordance with this paragraph) be liable to such indemnified party hereunder for any legal or other
expense subsequently incurred by such indemnified party in connection with the defense thereof other than reasonable costs of investigation, supervision, and monitoring (unless (i) such indemnified party reasonably objects to such assumption on
the grounds that (A) there may be defenses available to it which are different from or in addition to the defenses available to such indemnifying party or (B) such action involves, or is reasonably likely to have an effect beyond, the
scope of matters that are subject to indemnification pursuant to this Section 6.7, or (ii) the indemnifying party shall have failed within a reasonable period of time to assume such defense and the indemnified party is
or would reasonably be expected to be materially prejudiced by such delay, and in either event the indemnified party shall be promptly reimbursed by the indemnifying party for the expenses incurred in connection with retaining one separate legal
counsel (for the avoidance of doubt, for all indemnified parties in connection therewith)). For the avoidance of doubt, notwithstanding any such assumption by an indemnifying party, the indemnified party shall have the right to 

  
 -40- 

 employ separate counsel in any such matter and participate in the defense thereof, but the fees and expenses
of such counsel shall be at the expense of such indemnified party except as provided in the previous sentence. An indemnifying party shall not be liable for any settlement of an action or claim effected without its consent. No matter shall be
settled by an indemnifying party without the consent of the indemnified party (which consent shall not be unreasonably withheld, conditioned, or delayed), unless such settlement (x) includes as an unconditional term thereof the giving by the
claimant or plaintiff to such indemnified party of a release from all liability in respect to such claim or litigation, (y) does not include any statement as to or any admission of fault, culpability, or a failure to act by or on behalf of any
indemnified party, and (z) is settled solely for cash for which the indemnified party would be entitled to indemnification hereunder. 

(e) The indemnification provided for under this Agreement shall survive the Transfer of the Registrable Securities and the termination of this
Agreement. 
 (f) If recovery is not available under the foregoing indemnification provisions for any reason or reasons other than as
specified therein, any Person who would otherwise be entitled to indemnification by the terms thereof shall nevertheless be entitled to contribution with respect to any Losses with respect to which such Person would be entitled to such
indemnification but for such reason or reasons, in such proportion as is appropriate to reflect the relative fault of the indemnifying party, on the one hand, and such indemnified party, on the other hand, in connection with the actions, statements,
or omissions that resulted in such Losses as well as any other relevant equitable considerations. The relative fault of the indemnifying party and of the indemnified party shall be determined by reference to, among other things, whether the untrue
or alleged untrue statement of a material fact or the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party, the Persons’ relative knowledge and access to information concerning
the matter with respect to which the claim was asserted, the opportunity to correct and prevent any statement or omission, and other equitable considerations appropriate under the circumstances. It is hereby agreed that it would not necessarily be
equitable if the amount of such contribution were determined by pro rata or per capita allocation. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution
from any Person who was not found guilty of such fraudulent misrepresentation. Notwithstanding the foregoing, no Holder shall be required to make a contribution in excess of the gross proceeds (after deducting any underwriting discount or
commission) received by such Holder from its sale of Registrable Securities in connection with the offering that gave rise to the contribution obligation. 

6.8 Free Writing Prospectuses. No Holder shall use any Free Writing Prospectus in connection with the
sale of Registrable Securities pursuant to this Article VI without the prior written consent of the Company (which consent shall not be unreasonably withheld, conditioned, or delayed). Notwithstanding the foregoing, a Holder may use any Free
Writing Prospectus prepared and distributed by the Company. 
 6.9 Termination of Registration
Rights. The rights granted pursuant to this Article VI shall terminate, as to any holder of Registrable Securities, on the earlier of (a) the date on which all Registrable Securities held by such holder have been disposed, including
all shares issued or 

  
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 issuable upon exercise of the Warrant and (b) the date on which all Registrable Securities can be sold
in compliance with Rule 144 under the Securities Act without regard to volume limitations or other restrictions on transfer thereunder. 

ARTICLE VII 

DEFINITIONS 
 
7.1 Defined Terms. Capitalized terms when used in this Agreement have the following meanings: 
 “Acquisition
Proposal” means any proposal, offer, inquiry, indication of interest, or expression of intent (whether binding or non-binding), whether communicated to a Representative of the Company, the Board, or
publicly announced to the Company’s shareholders or otherwise by any single Person or single Group relating to an Acquisition Transaction. 

“Acquisition Transaction” means (a) any transaction or series of related transactions as a result of which any single
Person or single Group (excluding Amazon or any of its subsidiaries) acquires Beneficial Ownership, whether directly or indirectly, of more than 35% of the outstanding Equity Securities (measured by either voting power or economic interests) of the
Company, (b) any transaction or series of related transactions in which the shareholders of the Company immediately prior to such transaction or series of related transactions (the
“Pre-Transaction Shareholders”) cease to Beneficially Own, directly or indirectly, at least 65% of the outstanding Equity Securities (measured by either voting power or economic interests) of
the Company or in the surviving or resulting entity of such transactions; provided that this clause (b) shall not apply if: (i) such transaction or series of related transactions is an acquisition by the Company effected, in whole or in
part, through the issuance of Equity Securities of the Company and (ii) such acquisition does not result such that any single Person or single Group Beneficially Owns, directly or indirectly, a greater percentage of the outstanding Equity
Securities (measured by either voting power or economic interests) of the Company than NV Holdings or its Affiliates, (c) any Business Combination, as a result of which at least 35% of the outstanding Equity Securities (measured by either
voting power or economic interests) of the Company is transferred to another single Person or single Group (excluding Amazon or any of its subsidiaries), (d) any sale, lease, exchange, transfer, license, or disposition of a business, deposits, or
assets that constitute 35% or more of the fair market value of the consolidated assets, business, net sales, net income, assets, or deposits of the Company, (e) individuals who constitute the Continuing Directors, taken together, ceasing for
any reason to constitute at least a majority of the Board elected by the holders of shares of Common Stock, or (f) any transaction or series of related transactions as a result of which the Common Stock, or any successor security thereto, is no
longer listed on a nationally recognized stock exchange, which as of the date hereof is the NASDAQ Stock Market, or the Public Float of the Company constitutes less than 35.1% of the outstanding shares of Common Stock of the Company. 

“Affiliate” means, with respect to any person, any other person (for all purposes hereunder, including any entities or
individuals) that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with such first person. It is expressly agreed that, for purposes of this definition, none of the Company or any of
its subsidiaries is an Affiliate of Amazon or any of its subsidiaries (and vice versa). 

  
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 “Aggregate Exercise Price” means the Exercise Price (as such term is
defined in the Warrant) multiplied by the aggregate of all Warrant Shares, which may, at the date of this Agreement, be issued to Amazon and/or any of its Affiliates upon exercise of the Warrant. 

“Agreement” has the meaning set forth in the preamble. 

“Amazon” has the meaning set forth in the preamble. 

“Amazon Observer” has the meaning set forth in Section 3.4(a). 

“Amazon Standstill Termination Event” has the meaning set forth in Section 4.6(d). 

“Anti-Takeover Provisions” means the provisions of any potentially applicable anti-takeover, control share, fair price,
moratorium, interested shareholder, or similar Applicable Law (including, for the avoidance of doubt, Section 203 of the Delaware General Corporation Law) and any potentially applicable provision of the Company’s certificate of
incorporation or bylaws. 
 “Antitrust Laws” means the HSR Act, the Sherman Act, as amended, the Clayton Act, as amended,
the Federal Trade Commission Act, as amended, and any other federal, state, local, domestic, foreign, or supranational laws that are designed to prohibit, restrict, or regulate actions having the purpose or effect of monopolization or restraint of
trade or that provide for review of merger control or foreign investment. 
 “Applicable Law” means, with respect to any
Person, any federal, national, state, local, municipal, international, multinational, or SRO statute, law, ordinance, secondary and subordinate legislation, directives, rule (including rules of common law and rules of stock exchanges), regulation,
ordinance, treaty, Order, permit, authorization, or other requirement applicable to such Person, its assets, properties, operations, or business. 

“Bankruptcy Exceptions” has the meaning set forth in Section 2.2(d)(i). 

“Beneficial Owner,” “Beneficially Owned,” “Beneficially Own,” or “Beneficial
Ownership” has the meaning assigned to such term in Rule 13d-3 under the Exchange Act, and a Person’s beneficial ownership of securities shall be calculated in accordance with the provisions of
such Rule (in each case, irrespective of whether or not such Rule is actually applicable in such circumstance); provided that, except as otherwise specified herein, such calculations shall be made inclusive of all Warrant Shares subject to
issuance pursuant to the Warrant (whether or not the Warrant, or portion thereof, is then exercisable). 
 “Beneficial Ownership
Limitation” has the meaning ascribed to it in the Warrant. 
 “Blackout Period” means, in the event that the
Company determines in good faith that a registration of securities would require disclosure of information that has not been, and is not otherwise required to be, disclosed to the public, the premature disclosure of which would adversely affect the
Company in any material respect, a period which is the shorter of the ending of the condition creating a Blackout Period and 90 days; provided, that such Blackout Period may not occur more than once in any period of six consecutive months.

  
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 “Board” means the board of directors of the Company. 

“Burdensome Action” has the meaning set forth in Section 4.3. 

“Business Combination” means a merger, consolidation, statutory share exchange, reorganization, recapitalization, or similar
extraordinary transaction (which may include a reclassification of the Common Stock in which the Common Stock becomes a subordinate security to a new Equity Security of the Company created in connection with such reclassification) involving the
Company as a result of which at least 35% of the outstanding capital stock of the Company is transferred to another single Person or single Group (excluding Amazon or any of its subsidiaries). 

“Business Day” has the meaning set forth in Section 1.3. 

“Cashless Exercise” has the meaning ascribed to it in the Warrant. 

“Cashless Exercise Ratio” has the meaning ascribed to it in the Warrant. 

“Chosen Courts” has the meaning set forth in Section 8.5. 

“Citizen of the United States” has the meaning set forth in Section 2.2(a). 

“Closing” has the meaning set forth in Section 1.2. 

“Code” means the U.S. Internal Revenue Code of 1986, as amended, and the rules and regulations promulgated thereunder. 

“Commercial Agreement” has the meaning ascribed to it in the Warrant. 

“Commercial Arrangements” has the meaning set forth in the recitals. 

“Commission” means the U.S. Securities and Exchange Commission. 

“Common Stock” has the meaning set forth in the recitals. 

“Company” has the meaning set forth in the preamble. 

“Company Benefit Plan” has the meaning set forth in Section 2.2(d)(ii). 

“Company Board Recommendation” has the meaning set forth in Section 3.6(b). 

“Company Stock Plans” has the meaning set forth in Section 2.2(b). 

“Company Shareholders” has the meaning set forth in Section 3.6(a). 

“Company Shareholder Meeting” has the meaning set forth in Section 3.6(a). 

  
 -44- 

 “Confidential Information” means all information (irrespective of the form
of communication and irrespective of whether obtained prior to or after the date hereof) obtained by or on behalf of Amazon or its Representatives from the Company, its subsidiaries, or their respective Representatives, through the Beneficial
Ownership of Equity Securities or through the rights granted pursuant hereto, other than information which (i) was or becomes generally available to the public other than as a result of a breach of this Agreement by Amazon, its subsidiaries, or
their respective Representatives, (ii) was or becomes available to Amazon, its subsidiaries, or their respective Representatives from a source other than the Company, its subsidiaries, or their respective Representatives, provided, that
the source thereof is not known by Amazon or such of its subsidiaries or their respective Representatives to be bound by an obligation of confidentiality, or (iii) is independently developed by Amazon, its subsidiaries, or their respective
Representatives without the use of any such information that would otherwise be Confidential Information hereunder. 

“Confidentiality Agreement” means the Mutual Nondisclosure Agreement, dated September 22, 2021, by and between Amazon
and Hawaiian Airlines, Inc. 
 “Continuing Directors” means the directors of the Company on the date hereof elected by the
holders of shares of Common Stock and each other director elected by the holders of shares of Common Stock, if, in each case, (i) such other director’s nomination for election to the Board is either recommended by more than 50% of the
directors of the Company as of the date of such other director’s nomination for election to the Board or by more than 50% of the members of the Governance and Nominating Committee of the Board, or (ii) Amazon and its subsidiaries shall
have voted any shares of Common Stock in favor of the election of such other director to the Board. 
 “control” means the
possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise. “Controlled” and
“controlling” shall be construed accordingly. 
 “conversion” has the meaning set forth in the definition
of Equity Securities. 
 “convertible securities” has the meaning set forth in the definition of Equity Securities. 

“Derivative Instruments” means any and all derivative securities (as defined under Rule
16a-1 under the Exchange Act) that increase in value as the value of any Equity Securities of the Company increases, including a long convertible security, a long call option, and a short put option position,
in each case, regardless of whether (x) such interest conveys any voting rights in such security, (y) such interest is required to be, or is capable of being, settled through delivery of such security, or (z) other transactions hedge
the economic effect of such interest. 
 “Designated Persons” means the Persons set forth on Schedule 7.1. 

“Disclosable Agreement” has the meaning set forth in Section 3.2(b). 

“Disclosure Agency” has the meaning set forth in Section 3.2(b). 

  
 -45- 

 “DOT” has the meaning set forth in
Section 2.2(a). 
 “DOT Regulations” has the meaning set forth in
Section 2.2(a). 
 “DTC” has the meaning set forth in Section 4.2. 

“DWAC” has the meaning set forth in Section 4.2. 

“EDGAR” means the Commission’s Electronic Data Gathering, Analysis and Retrieval system or any successor system thereto.

 “Effect” has the meaning set forth in Section 2.1(a). 

“Equity Securities” means any and all (i) shares, interests, participations, or other equivalents (however designated)
of capital stock or other voting securities of a corporation and any and all equivalent or analogous ownership (or profit) or voting interests in a Person (other than a corporation), (ii) securities convertible into or exchangeable for shares,
interests, participations, or other equivalents (however designated) of capital stock or voting securities of (or other ownership or profit or voting interests in) such Person, (iii) restricted stock units that settle into shares of capital
stock, and (iv) any and all warrants, rights, or options to purchase any of the foregoing, whether voting or nonvoting, and, in each case, whether or not such shares, interests, participations, equivalents, securities, warrants, options,
rights, or other interests are authorized or otherwise existing on any date of determination (clauses (ii) and (iii), collectively “convertible securities” and any conversion, exchange, or exercise of any convertible
securities, a “conversion”). 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, or
any successor statute, and the rules and regulations promulgated thereunder. 
 “Exercise Approval” has the meaning set
forth in Section 2.3(b)(i). 
 “Exercise Price” has the meaning ascribed to it in the Warrant.

 “Expiration Time” has the meaning ascribed to it in the Warrant. 

“FAA” has the meaning set forth in Section 2.2(a). 

“FAA Regulations” has the meaning set forth in Section 2.2(a). 

“FINRA” means the Financial Industry Regulatory Authority, Inc. 

“Form S-1” means a registration statement on Form
S-1 or any successor form thereto. 
 “Form
S-3” means a registration statement on Form S-3 or any successor form thereto. 

“Form S-4” means a registration statement on Form
S-4 or any successor form thereto. 
 “Form
S-8” means a registration statement on Form S-8 or any successor form thereto. 

  
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 “Free Writing Prospectus” has the meaning set forth in
Section 6.4(a)(iv). 
 “Fully Diluted Basis” means as of any time of determination, the number of
shares of Common Stock which would then be outstanding, assuming the issuance of all shares reserved for issuance pursuant to any Company Stock Plan and the complete exercise, exchange, or conversion of all then-outstanding Equity Securities of the
Company, including, for the avoidance of doubt, as of the date of this Agreement, the Warrant Shares. 
 “GAAP” has the
meaning set forth in Section 2.1(a). 
 “Governmental Approval” means any authorization, consent,
approval, waiver, exception, variance, order, exemption, publication, filing, declaration, concession, grant, franchise, agreement, permission, permit, or license of, from, or with any Governmental Entity, or the giving of notice to or registration
with any Governmental Entity or any other action in respect of any Governmental Entity. 
 “Governmental Entity” means any
federal, national, state, local, municipal, international or multinational government or political subdivision thereof, governmental department, commission, board, bureau, agency, taxing or regulatory authority, judicial or administrative body,
official, tribunal, or other instrumentality of any government, whether federal, state, local, domestic, foreign, or arbitrator or SRO. 

“Group” has the meaning assigned to such term in Section 13(d)(3) of the Exchange Act. 

“Holder” and “Holders” have the meaning set forth in Section 6.2(a). 

“HSR Act” means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, or any successor statute, and the rules
and regulations promulgated thereunder. 
 “Initial Announcement” has the meaning set forth in
Section 3.2(a). 
 “Initial Antitrust Clearance” has the meaning set forth in
Section 3.1(b). 
 “Initial Antitrust Filings” has the meaning set forth in
Section 3.1(b). 
 “Initial Filing Transaction” has the meaning set forth in
Section 3.1(b). 
 “Inspectors” has the meaning set forth in
Section 6.4(a)(x). 
 “Losses” means all losses, claims, damages, liabilities, costs, expenses
(including reasonable expenses of investigation and reasonable attorneys’ fees and expenses), judgments, fines, penalties, charges and amounts paid in settlement. 

“Material Adverse Effect” has the meaning set forth in Section 2.1(a). 

“Notice of Substantial Change of Ownership” has the meaning set forth in Section 3.1(g). 

“NV Holdings” has the meaning set forth in the recitals. 

  
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 “Observer Threshold” has the meaning set forth in
Section 3.4(a). 
 “Order” means any judgment, decision, decree, order, settlement, injunction,
writ, stipulation, determination, or award issued by any Governmental Entity. 
 “Other Demanding Sellers” has the meaning
set forth in Section 6.2(b). 
 “Other Proposed Sellers” has the meaning set forth in
Section 6.2(b). 
 “Permitted Warrant Transfers” has the meaning set forth in
Section 4.4(a). 
 “Person” means an individual, company, corporation, partnership, limited
liability company, trust, body corporate (wherever located), or other entity, organization, or unincorporated association, including any Governmental Entity. 

“Piggyback Notice” has the meaning set forth in Section 6.2(a). 

“Piggyback Registration” has the meaning set forth in Section 6.2(a). 

“Piggyback Seller” has the meaning set forth in Section 6.2(a). 

“Principal Trading Market” has the meaning ascribed to it in the Warrant. 

“Prohibited Transferee” means (a) a Designated Person, or (b) a Person that has filed, or may file based upon
reasonable inquiry of such Person, a Schedule 13D with the Commission with respect to the Company. 
 “Public Float” means
the number of Equity Securities held by shareholders of the Company other than (a) shareholders who Beneficially Own more than ten percent of all outstanding Common Stock (other than shareholder that are passive institutional investors), (b)
directors or executive officers of the Company and any members of their immediate family, and (c) Affiliates of the Company. 

“Records” has the meaning set forth in Section 6.4(a)(x). 

“Reporting Company Filing Dates” has the meaning set forth in Section 5.1(a)(i). 

“Registrable Securities” means any and all (i) Warrant or Warrant Shares (whether vested or unvested), (ii) other stock
or securities that Amazon or its subsidiaries may be entitled to receive, or will have received, pursuant to its ownership of the Warrant or Warrant Shares, in lieu of or in addition to shares of Common Stock, and (iii) Equity Securities issued
or issuable directly or indirectly with respect to the securities referred to in the foregoing clause (i) or (ii) by way of conversion or exchange thereof or share dividend or share split or in connection with a combination of shares,
recapitalization, reclassification, merger, amalgamation, arrangement, consolidation, or other reorganization. As to any particular securities constituting Registrable Securities, such securities shall cease to be Registrable Securities when they
(x) have been effectively registered or qualified for sale by prospectus filed under the Securities Act and disposed of in accordance with the registration statement covering therein, or (y) have been sold

  
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or transferred. For purposes of this Agreement, a Person shall be deemed to be a holder of Registrable Securities whenever such Person has the right to acquire directly or indirectly such
Registrable Securities (upon conversion or exercise in connection with a transfer of securities or otherwise, but disregarding any restrictions or limitations upon the exercise of such right), whether or not such acquisition has actually been
effected. 
 “Reporting Company” means a company that is required to file reports periodically with the Commission under
Sections 12, 13, or 15(d) of the Exchange Act. 
 “Representatives” with respect to a Person means such Person’s
directors, managers, officers, employees, and authorized representatives (including attorneys, accountants, consultants, bankers, and financial advisors thereof). 

“Requested Information” has the meaning set forth in Section 6.6(a). 

“Requisite Shareholder Approval” has the meaning set forth in Section 3.6(a). 

“SEC Reports” means the Company’s Annual Report on Form 10-K for the year ended
December 31, 2021, and its other reports, statements, and forms (including exhibits and other information incorporated therein) filed with or furnished to the Commission under Sections 13(a), 14(a), or 15(d) of the Exchange Act, in each case
after December 31, 2021. 
 “Securities Act” means the Securities Act of 1933, as amended, or any successor statute,
and the rules and regulations promulgated thereunder. 
 “Shelf Offering” has the meaning set forth in
Section 6.1(e). 
 “Shelf Registration Statement” has the meaning set forth in
Section 6.1(a). 
 “SOX” has the meaning set forth in
Section 2.2(e)(v). 
 “SRO” means any (i) “self-regulatory organization” as defined in
Section 3(a)(26) of the Exchange Act, (ii) other United States or foreign securities exchange, futures exchange, commodities exchange, or contract market, or (iii) other securities exchange. 

“Standstill Period” has the meaning set forth in Section 4.6(a). 

“subsidiary” means, with respect to such Person, any foreign or domestic entity, whether incorporated or unincorporated, of
which (i) such Person or any other subsidiary of such Person is a general partner, (ii) at least a majority of the voting power to elect a majority of the directors or others performing similar functions with respect to such other entity
is directly or indirectly owned or controlled by such person or by any one or more of such person’s subsidiaries, or (iii) at least 50% of the Equity Securities are directly or indirectly owned or controlled by such Person or by any one or
more of such Person’s subsidiaries. 
 “Take-Down Notice” has the meaning set forth in
Section 6.1(e). 

  
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 “Tax Advisor” means any of PricewaterhouseCoopers LLP, Ernst &
Young LLP, KPMG LLP, or Deloitte LLP that is selected by the Company. 
 “Transaction Documents” means collectively this
Agreement, the Commercial Agreement, the Warrant, and any other certificate, exhibit, or agreement delivered by or entered into by and among the parties and/or their respective subsidiaries on the date hereof in connection with the transactions
contemplated hereby or thereby, in each case, as amended, modified, or supplemented from time to time in accordance with their respective terms. 

“Transaction Litigation” has the meaning set forth in Section 3.1(e). 

“Transfer” means (i) any direct or indirect offer, sale, lease, assignment, encumbrance, pledge, grant of a security
interest, hypothecation, disposition, or other transfer (by operation of law or otherwise), either voluntary or involuntary, or entry into any contract, option, or other arrangement or understanding with respect to any offer, sale, lease,
assignment, encumbrance, pledge, hypothecation, disposition, or other transfer (by operation of law or otherwise) of any capital stock or interest in any capital stock, or (ii) in respect of any capital stock or interest in any capital stock,
the entry into any swap or any other agreement, transaction or series of transactions that hedges or transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of such capital stock or interest in capital stock,
whether any such swap, agreement, transaction or series of transaction is to be settled by delivery of securities, in cash or otherwise. 

“Transferee” means a Person to whom a Transfer is made or is proposed to be made. 

“Underwritten Offering” means a sale of securities of the Company to an underwriter or underwriters for reoffering to the
public. 
 “Vesting Events” has the meaning ascribed to it in the Warrant. 

“Voting Securities” means shares of Common Stock of the Company and any other Equity Securities of the Company entitled to
vote generally in the election of directors of the Company. 
 “Warrant” has the meaning set forth in
Section 1.1. 
 “Warrant Issuance” has the meaning set forth in
Section 1.1. 
 “Warrant Shares” has the meaning ascribed to it in the Warrant. 

“Warrant Shares Cap” has the meaning ascribed to it in the Warrant. 

  
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 ARTICLE VIII 

MISCELLANEOUS 
 
8.1 Termination of This Agreement; Other Triggers. 
 (a) This Agreement may be terminated at any time: 

(i) with the prior written consent of each of Amazon and the Company; or 

(ii) by Amazon if the Initial Antitrust Clearance shall not have been obtained on or prior to the date that is three months
after the latest date of the Initial Antitrust Filings; provided that, for the avoidance of doubt, Section 3.1(e) shall not apply in the event of a termination of this Agreement pursuant to this
Section 8.1(a)(ii). 
 (b) In the event of termination of this Agreement as provided in this
Section 8.1, this Agreement (other than Section 1.3 (Interpretation), Article II (Representations and Warranties), Section 3.1(f),
Section 3.2 (Public Announcements), Section 3.3 (Expenses), Section 4.1 (Acquisition for Investment) (to the extent any Warrant Shares have been
issued prior to termination), Section 4.2 (Legend) (to the extent any Warrant Shares have been issued prior to termination), Article V (Information), Article VI (Registration),
Article VII (Definitions) (to the extent relevant for any other surviving Sections or Articles), and this Article VIII (Miscellaneous), each of which shall survive any termination of this Agreement) shall
forthwith become void and there shall be no liability on the part of any party, except that nothing herein shall relieve any party from liability for any breach of this Agreement prior to such termination. 

(c) Without affecting in any manner any prior exercise of the Warrant, in the event of termination of this Agreement as provided in this
Section 8.1, the unvested portion of the Warrant shall be canceled and terminated and shall forthwith become void and the Company shall have no subsequent obligation to issue, and no holder of a Warrant shall have a
subsequent right to acquire, any Warrant Shares pursuant to such canceled portion of the Warrant. For the avoidance of doubt, the Warrant shall remain in full force and effect with respect to the vested portion thereof, and nothing in this
Section 8.1 shall affect the ability of the NV Holdings to exercise such vested portion of the Warrant following termination of this Agreement. 

8.2 Amendment. No amendment of any provision of this Agreement shall be effective unless made in
writing and signed by a duly authorized representative of each party. 
 8.3 Waiver of Conditions.
The conditions to any party’s obligation to consummate any transaction contemplated herein are for the sole benefit of such party and may be waived by such party in whole or in part to the extent permitted by Applicable Law. No waiver shall be
effective unless it is in writing signed by a duly authorized officer of the waiving party that makes express reference to the provision or provisions subject to such waiver. 

8.4 Counterparts. This Agreement may be executed in any number of separate counterparts, each such
counterpart being deemed to be an original instrument, and all such counterparts shall together constitute the same agreement. Executed signature pages to this Agreement may be transmitted electronically by “pdf” file and such pdf files
shall be deemed as sufficient as if actual signature pages had been delivered. 

  
 -51- 

 8.5 Governing Law; Submission to Jurisdiction; WAIVER OF
JURY TRIAL. This Agreement shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without regard to any choice or conflict of law provision or rule (whether of the State of Delaware or any other
jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. In addition, each of the parties expressly (a) submit to the personal jurisdiction and venue of the Chancery Court of Delaware, or
if such court is unavailable, the United States District Court for Delaware (the “Chosen Courts”), in the event any dispute (whether in contract, tort or otherwise) arises out of this Agreement or the transactions contemplated
hereby, (b) agrees that it shall not attempt to deny or defeat such personal jurisdiction by motion or other request for leave from any such court and waives any claim of lack of personal jurisdiction or improper venue and any claims that such
courts are an inconvenient forum, and (c) agrees that it shall not bring any claim, action or proceeding relating to this Agreement or the transactions contemplated hereby in any court other than the Chosen Courts, and in stipulated preference
ranking, of the preceding clause (a). Each party agrees that service of process upon such party in any such claim, action, or proceeding shall be effective if notice is given in accordance with the provisions of this Agreement. EACH PARTY HEREBY
WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY CLAIM, ACTION, OR PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER, OR IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS
CONTEMPLATED HEREBY. EACH PARTY (i) CERTIFIES THAT NO REPRESENTATIVE, AGENT, OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING
WAIVER AND (ii) ACKNOWLEDGES THAT IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 8.5. 

8.6 Notices. Any notice, request, instruction, or other document to be given hereunder by any party to
the other shall be in writing and shall be deemed to have been duly given (a) if sent by registered or certified mail in the United States return receipt requested, upon receipt, (b) if sent by nationally recognized overnight air courier,
one Business Day after mailing, (c) if sent by email, with a copy mailed on the same day in the manner provided in clause (a) or (b) of this Section 8.6 when transmitted and receipt is confirmed, or (d) if
otherwise actually personally delivered, when delivered. All notices hereunder shall be delivered as set forth below or pursuant to such other instructions as may be designated in writing by the party to receive such notice. 

If to the Company, to: 
  

			
	Name:	  	Hawaiian Holdings, Inc.
	Address:	  	3375 Koapaka Street Suite G350
		  	Honolulu, HI 96819
	Attn:	  	Chief Legal Officer

  
 -52- 

 
			
	and	  	
		
	Name:	  	Hawaiian Holdings, Inc.
	Address:	  	3375 Koapaka Street Suite G350
		  	Honolulu, HI 96819
	Attn:	  	Chief Financial Officer
	
	with a copy to (which copy alone shall not constitute notice):
		
	 Name:
	  	 Wilson Sonsini Goodrich & Rosati, P.C.

	 Address:
	  	 650 Page Mill Road

		  	 Palo Alto, CA 94304

	 Email:
	  	 tjeffries@wsgr.com

		  	 aurquiza@wsgr.com

	 Attn:
	  	 Tony Jeffries, Esq.

		  	 Amanda Urquiza, Esq.

		
	 and
	  	
	
	if to Amazon, to:
		
	 Name:
	  	 Amazon.com NV Investment Holdings LLC

		  	 c/o Amazon.com, Inc.

	 Address:
	  	 410 Terry Avenue

		  	 North Seattle, WA 98109-5210

	 Attn:
	  	 General Counsel

	
	with a copy to (which copy alone shall not constitute notice):
		
	 Name:
	  	 Gibson, Dunn & Crutcher LLP

	 Address:
	  	 1881 Page Mill Road

		  	 Palo Alto, CA 94304

	 Email:
	  	 ebatts@gibsondunn.com

		  	 ctrester@gibsondunn.com

	 Attn:
	  	 Ed Batts, Esq.

		  	 Chris Trester, Esq.

 8.7 Entire Agreement, Etc. This Agreement (including the
Schedules, Exhibits, and Annexes hereto), the other Transaction Documents, and the Confidentiality Agreement constitute the entire agreement and supersede all other prior agreements, understandings, representations, and warranties, both written and
oral, between the parties with respect to the subject matter hereof. No party shall take, or cause to be taken, including by entering into agreements or other arrangements with provisions or obligations that conflict, or purport to conflict, with
the terms of the Transaction Documents or any of the transactions contemplated thereby, any action with either an intent or effect of impairing any such other person’s rights under any of the Transaction Documents. 

  
 -53- 

 8.8 Assignment. Neither this Agreement nor any
right, remedy, obligation, or liability arising hereunder or by reason hereof shall be assignable by any party without the prior written consent of the other party, and any attempt to assign any right, remedy, obligation, or liability hereunder
without such consent shall be void, except that Amazon may transfer or assign, in whole or from time to time in part, to one or more of its direct or indirect wholly owned subsidiaries, its rights and/or obligations under this Agreement, but any
such transfer or assignment shall not relieve Amazon of its obligations hereunder. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of, and be enforceable by the parties and their respective successors
and assigns. 
 8.9 Severability. If any provision of this Agreement or a Transaction Document, or
the application thereof to any person or circumstance, is determined by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining provisions hereof, or the application of such provision to persons or circumstances other
than those as to which it has been held invalid or unenforceable, shall remain in full force and effect and shall in no way be affected, impaired, or invalidated thereby, so long as the economic or legal substance of the transactions contemplated
hereby or thereby is not affected in any manner materially adverse to any party. Upon such determination, the parties shall negotiate in good faith in an effort to agree upon a suitable and equitable substitute provision to effect the original
intent of the parties. 
 8.10 No Third-Party Beneficiaries. Nothing contained in this Agreement,
expressed or implied, is intended to confer upon any person other than the parties and their respective successors and permitted assigns any benefits, rights, or remedies. 

8.11 Specific Performance. The parties agree that failure of any party to perform its agreements and
covenants hereunder, including a party’s failure to take all actions as are necessary on such party’s part in accordance with the terms and conditions of this Agreement to consummate the transactions contemplated hereby, will cause
irreparable injury to the other party, for which monetary damages, even if available, will not be an adequate remedy. It is agreed that the parties shall be entitled to equitable relief including injunctive relief and specific performance of the
terms hereof, without the requirement of posting a bond or other security, and each party hereby consents to the issuance of injunctive relief by any court of competent jurisdiction to compel performance of a party’s obligations and to the
granting by any court of the remedy of specific performance of such party’s obligations hereunder, this being in addition to any other remedies to which the parties are entitled at law or equity. 

8.12 Limitation of Liability. Notwithstanding anything to the contrary contained in this Agreement:
(i) the maximum amount of Losses which may be recovered from Amazon and its Affiliates arising out of or relating to this Agreement shall be limited to the amount equal to the Aggregate Exercise Price and (ii) any Losses which may be
recovered from any party and its Affiliates arising out of or relating to this Agreement shall not include (a) punitive damages or (b) damages that are not reasonably foreseeable. 

* * * 

  
 -54- 

 IN WITNESS WHEREOF, this Agreement has been duly executed and delivered by the duly
authorized officers of the parties as of the date first herein above written. 
  

			
	HAWAIIAN HOLDINGS, INC.
		
	By:	 	 /s/ Peter R. Ingram

		 	Name: Peter R. Ingram
		 	Title: President and Chief Executive Officer

  

			
	AMAZON.COM, INC.
		
	By:	 	 /s/ Torben Severson

		 	Name: Torben Severson
		 	Title: Authorized Signatory

 Schedule 5.1(a) 

1. Basic Financial Information and Reporting. 

A. As soon as practicable after the end of each fiscal year of the Company, and in any event within 90 days thereafter, the Company shall
furnish Amazon with a balance sheet and equity capitalization table of the Company, as of the end of such fiscal year, a statement of income, a statement of shareholders’ equity, and a statement of cash flows of the Company and accompanying
notes to the financial statements, for such year, all audited and prepared in accordance with GAAP consistently applied (except as noted therein) and setting forth in each case in comparative form the figures for the previous fiscal year, all in
reasonable detail. Such financial statements shall be accompanied by an audit report and opinion thereon by independent public accountants of national standing selected by the Board. 

B. The Company shall furnish to Amazon as soon as practicable after the end of the first, second, and third quarterly accounting periods in
each fiscal year of the Company, and in any event within 45 days thereafter, a balance sheet and equity capitalization table of the Company as of the end of each such quarterly period and a statement of income and a statement of cash flows of the
Company for such period and for the current fiscal year to date, prepared in accordance with GAAP consistently applied (except as noted therein or as disclosed to the recipients thereof), with the exception that no notes need be attached to such
statements and year-end audit adjustments may not have been made. In order to facilitate Amazon’s compliance with its public reporting requirements, the Company shall deliver the financial statements
described in this Schedule 5.1(a) to Amazon, together with a certification that, to the Company’s knowledge, (i) such interim financial statements are fairly stated, in all material respects, in accordance with GAAP for the periods
presented, applied on the same basis as the Company’s audited financial statements as of and for the most recent fiscal year end and reflect all adjustments necessary for a fair presentation of the interim financial statements, subject to the
exceptions noted on an exhibit to such certification and (ii) the Company has made available to Amazon the information required by Section 5.1 of this Agreement. In addition, to facilitate Amazon’s compliance with
its public reporting requirements, the Company shall engage a nationally recognized accounting firm to perform quarterly review procedures that result in the issuance of an independent accountant’s review report on the Company’s quarterly
and year-to-date balance sheet and statement of operations for each fiscal quarter, which reports shall be delivered within 45 days after the end of the quarter for
which the report pertains. In order to facilitate Amazon’s compliance with its public reporting requirements, the Company’s chief financial officer and chief accounting officer shall participate in one or more teleconferences with
Representatives of Amazon each quarter to review the financial statements previously delivered and discuss significant transactions reflected for the period of the financial statements. 

C. All financial information required under clauses (A) and (B) above shall consist of consolidated financial statements (consolidating
the Company and its subsidiaries) unless GAAP provides otherwise. 

 D. As soon as reasonably practicable, and in any event within 15 days after the issuance of
the report, the Company shall furnish to Amazon any 409A valuation reports that it prepares or causes to be prepared. 
 2. Inspection
Rights. Subject to Section 5.1(b) of this Agreement, Amazon shall have the right to discuss the affairs, finances, and accounts of the Company or any of its subsidiaries with its officers, and to review such information
as is reasonably requested (electronically to the greatest extent possible), all at such reasonable business times, with reasonable advance notice and as often as may be reasonably requested. 

3. Other Materials. As soon as practicable (or otherwise as provided herein), the Company shall furnish Amazon with copies of the
following documents: 
 A. Material documents filed with governmental agencies, including, without limitation, the Internal Revenue Service
and the SEC, or any other documents or information requested by Amazon or necessary to support Amazon’s tax, accounting, and Commission reports and filings, including providing by February 15th of each year such information as is necessary to
support Amazon’s tax reporting obligations. 
 B. In addition, the Company shall furnish Amazon advance notice of any dividend or other
distribution to be paid by the Company to holders of the Common Stock. 

 Schedule 7.1 

Designated Persons 
 The following Persons and
their Affiliates: 
 [***] 

 Annex A 

Form of Warrant

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